}

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SCZONE, UAE's Alpha Smart sign $100M deal to develop ready-made factory complex in Ain Sokhna

The Suez Canal Economic Zone (SCZONE) signed an agreement for the UAE-based Alpha Smart project to develop an integrated complex of turnkey-ready-made factories in the Ain Sokhna Industrial Zone, with direct investments of $100 million.

Updated 4/28/2026 11:18:00 AM
SCZONE inks $8M Turkish garment factory deal in Qantara West

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a contract with Türkiye-based companies Dinamik Raus Tekstil and Yiltem Apparel to establish a ready-made garments and textiles factory in the Qantara West Industrial Zone, with investments valued at $8 million.

Updated 4/28/2026 2:44:00 AM
Madbouly inaugurates $10M phase of Ateco Pharma project in Ain Sokhna

Prime Minister Mostafa Madbouly inaugurated the second phase expansions of the Ateco Pharma Egypt factory for intravenous medical solutions in Ain Sokhna Industrial Zone, with investments of $10 million, bringing the project’s total investment to $60 million.

Updated 4/26/2026 5:57:00 AM
Madbouly opens $6M HK Ding Chang Sheng textile factory in TEDA zone

Egypt’s Prime Minister Mostafa Madbouly inaugurated the HK Ding Chang Sheng Group Co., Ltd. factory for home textile production in the Ain Sokhna Integrated Industrial Zone, with investments of $6 million, as part of his tour of projects within the General Authority for the Suez Canal Economic Zone (SCZONE).

Updated 4/23/2026 2:28:00 PM
Madbouly inaugurates $2.5M New Seflon cookware factory in Sokhna

Egypt’s Prime Minister Mostafa Madbouly inaugurated the New Seflon factory for aluminum products and cookware in the Sokhna Integrated Industrial Zone, with total investments of $2.5 million, as part of his tour of projects under the General Authority for the Suez Canal Economic Zone (SCZONE).

Updated 4/23/2026 2:11:00 PM
Türkiye's ELA Tekstil to build $16.5M garment factory in SCZONE

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a $16.5 million agreement with Turkish company ELA Tekstil to establish a ready-made garment and denim factory in the Qantara West Industrial Zone.

Updated 4/23/2026 4:47:00 AM
Madbouly inaugurates EGP 530M plastics factory in North Sinai

Prime Minister Mostafa Madbouly witnessed the opening of the National Sinai for Plastic Industries (NSPI) factory in the Bir al-Abd industrial zone in North Sinai, marking a new step in the government’s efforts to expand industrial development across the country.

Updated 4/19/2026 1:53:00 PM
Banque Misr, Mansour Automotive's unit sign EGP 2.7B loan for car assembly plant

Banque Misr signed a medium-term credit facility worth EGP 2.7 billion with MAC for Mobility Manufacturing, a subsidiary of Mansour Automotive, to finance the construction of a new car assembly plant.

Updated 4/19/2026 9:09:00 AM
China's Himile plans $100M tire mold factory in Egypt

Minister of Investment and Foreign Trade Mohamed Farid met with senior executives from China’s Himile Group to discuss plans to establish a $100 million industrial project in Egypt to produce tire molds and industrial components.

Updated 2/23/2026 1:33:00 PM
CIB pens $72M financing deal With Paradise Textiles for eco-friendly factory in Alexandria

Commercial International Bank (CIB) signed a partnership and financing agreement with textile manufacturer Paradise Textiles and a group of related companies to fund the establishment of what is set to be the largest eco-friendly textile manufacturing plant in Alexandria’s Amreya Free Zone.

Updated 2/9/2026 10:39:00 AM
DrasChem to build $200M sodium cyanide plant at Sidpec complex

DrasChem Specialty Chemicals is moving forward with plans to establish a sodium cyanide production plant at the Sidi Kerir Petrochemicals (SIDPEC) complex in Alexandria, following high-level discussions with the CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed El-Gawsaky.

Updated 2/8/2026 6:49:00 AM
Türkiye's Bonny Socks eyes $70M textile factory in Egypt

Minister of Investment and Foreign Trade Hassan El-Khatib met with senior executives from Turkish firm Bonny Socks to discuss plans to establish a new textile factory in Egypt.

Updated 12/24/2025 1:49:00 AM
SCZONE lays foundation stone for $70M XINMIN Glass factory

The Suez Canal Economic Zone (SCZONE) has laid of the foundation stone for the xinmin Glass factory inside Ain Sokhna 360, the integrated industrial city developed by Elsewedy Industrial Development in Sokhna Industrial Zone.

Updated 12/10/2025 12:56:00 PM
Madbouly inaugurates Leoni’s automotive wiring harness factory in Badr City

Prime Minister Mostafa Madbouly inaugurated Leoni Egypt’s new automotive wiring harness factory in Badr City, underscoring the government’s plans to expand local manufacturing and strengthen Egypt’s position in the global automotive supply chain.

Updated 12/9/2025 1:05:00 PM
SCZONE, MIFRA pen contract for $7M metal industries factory in Ain Sokhna

The General Authority for the Suez Canal Economic Zone (SCZONE) and MIFRA have signed a contract to establish a new metal industries factory in Sokhna Industrial Zone.

Updated 12/9/2025 1:30:00 AM
Infinity Fabric to build $15M yarn, textile factory in Sokhna industrial zone

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a contract with Infinity Fabric for a yarn and textile manufacturing project in the Sokhna Industrial Zone, with total investments of $15 million, as per a statement.

Updated 10/15/2025 3:16:00 AM
SCZone, China’s Changzhou Ramada ink $22.6M deal for Qantara West clothing plant

The General Authority of the Suez Canal Economic Zone (SCZone) has signed a contract with China’s Changzhou Ramada Co. Ltd. to establish a homeware and clothing manufacturing plant in Qantara West, with investments amounting to $22.6 million.

Updated 8/11/2025 11:11:00 AM
Egypt secures $490M financing for soda ash production project in New Alamein

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of a principles agreement to finance the Egyptian Soda Ash Company’s project in New Alamein with about $490 million

Updated 8/11/2025 5:38:00 AM
Massoud Steel inks EGP 965M project in Sokhna Industrial Zone

The Chairman of the Suez Canal Economic Zone (SCZone), Walid Gamal El-Din, has witnessed the signing of a contract for the Masoud Steel metal containers project in the Sokhna Industrial Zone.

Updated 4/28/2025 7:22:00 AM
SCZone signs $12M contract for building materials project in Sinai

The General Authority of the Suez Canal Economic Zone (SCZone) has signed a usufruct contract with Industrial House for Building Materials to establish a new factory at the Technology Valley area in East Ismailia, Sinai.

Updated 2/27/2025 12:26:00 PM