}

Tags Result

SCZONE inks $2M SteelCon project in East Port Said

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed an agreement with Egyptian construction and metal industries company SteelCon to establish a new manufacturing facility in the East Port Said Industrial Zone, with investment estimated at $2 million.

Updated 6/11/2026 12:35:00 PM
Nestle inaugurates new production line in Egypt

Nestle Egypt inaugurated a new production line for its "Maggi Double Chopped" products during a visit by Prime Minister Mostafa Madbouly to the company's facilities in 6th of October City, as part of a tour of several industrial projects.

Updated 6/8/2026 1:28:00 PM
Madbouly reviews progress on Alexandria Metro project as Phase 1 hits 47% completion

Prime Minister Mostafa Madbouly inspected the progress of the first phase of the Alexandria Metro project during a tour of Alexandria Governorate, describing the project as a major addition to the governorate’s public transportation network and a key component of Egypt’s shift toward modern, environmentally friendly mass transit.

Updated 6/8/2026 2:28:00 AM
Cabinet approves 4 petroleum concessions with $53M minimum investment

Egypt's Cabinet approved four draft petroleum concession agreements with a combined minimum investment of approximately $52.97 million and commitments to drill at least six wells, covering exploration and production activities in the Mediterranean Sea, Nile Delta, North Sinai, and the Eastern Desert.

Updated 6/4/2026 1:34:00 PM
Trojan Construction, Orascom Construction establish Everwater for regional water projects

Trojan Construction Holding and Orascom Construction signed an agreement to establish Everwater for Treatment Systems, a 50:50 joint company headquartered in Abu Dhabi, focused on delivering engineering, procurement, and construction (EPC) as well as operations and maintenance (O&M) services for water infrastructure projects across the region.

Updated 5/18/2026 10:03:00 AM
Egypt probes joint tractor, dairy projects with Belarus-based companies

Minister of Investment and Foreign Trade Mohamed Farid discussed establishing three joint projects with Belarus-based companies during his visit to the Belarusian capital, Minsk.

Updated 5/10/2026 7:07:00 AM
TLD partners with Marriott International to launch Tribute Portfolio Hotel & Residences

Real estate developer TLD has signed an agreement with Marriott International to introduce a Tribute Portfolio Hotel & Residences within its Westrict development in Sheikh Zayed, marking a new addition to West Cairo’s growing pipeline of mixed-use projects.

Updated 5/4/2026 9:42:00 AM
PARAGON Adeer, Minor Hotels to develop Cairo’s 1st urban luxury wellness resort at SUMOU Boulevard

PARAGON Adeer and Minor Hotels have signed a partnership agreement to develop Cairo’s first urban luxury wellness resort within SUMOU Boulevard, the flagship mixed-use destination in New Cairo.

Updated 4/29/2026 1:02:00 PM
Coca-Cola Hellenic Egypt to open new Alexandria production line in June, plans digital center

Egypt’s Minister of Industry Khaled Hashem reviewed expansion plans by Coca-Cola Hellenic Egypt, including the launch of a new production line at its Alexandria factory next June.

Updated 4/26/2026 5:43:00 AM
Abu Qir Fertilizers approves $5.6M coated urea project with 400 tons/day capacity

Abu Qir Fertilizers and Chemical Industries (ABUK) said its board of directors approved the implementation of a coated urea production project with a capacity of 400 tons per day, at an estimated investment cost of $5.6 million.

Updated 3/29/2026 2:13:00 PM
Guardian Glass to launch 40% energy-saving glass coating in Egypt

Guardian Glass discussed expansion plans in Egypt with the General Authority for Investment and Free Zones (GAFI), targeting the launch of its glass coating technology, which reduces electricity consumption by up to 40%, for the first time in Egypt and Africa.

Updated 2/26/2026 10:04:00 AM
IMKAN Misr introduces U by Clubside as new phase of Alburouj Development

Egypt-based real estate developer IMKAN Misr has launched U by Clubside, the latest phase of its flagship Alburouj development in East Cairo, as part of its broader plan to expand the integrated residential community.

Updated 2/25/2026 11:55:00 AM
GAFI advances $40M phosphate concentration project in Qift free zone

The General Authority for Investment and Free Zones (GAFI) is moving forward with procedures to establish a high-concentration phosphate production project with investments of $40 million in the Qift Public Free Zone in Qena.

Updated 2/24/2026 12:25:00 PM
Rove Hotels enters Egypt in partnership with El Sayyad Group

El Sayyad Group has formed a strategic partnership with Rove Hotels to introduce the UAE-born hospitality brand to Egypt, marking Rove’s first entry into the local market.

Updated 2/16/2026 11:15:00 AM
Serenity launches 1st memorial gardens development, unveils ‘Serene’ project

Serenity for Investment & Real Estate Management has launched operations as Egypt’s first specialized developer focused on the development and management of memorial gardens, unveiling its inaugural project, “Serene".

Updated 2/3/2026 10:47:00 AM
Sky Investments, Innovo unveil EGP 16B mixed-use project in New Cairo

An investment and engineering alliance between Sky Investments Holding and Innovo Group is introducing a new model of sustainable real estate development in Egypt through their joint platform, Sky Innovo Developments.

Updated 1/25/2026 1:19:00 PM
Egypt approves $1.29B new industrial projects in SCZONE

The Ministerial Group for Industrial Development, chaired by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir, approved two projects submitted by the Suez Canal Economic Zone Authority (SCZONE).

Updated 1/20/2026 10:44:00 AM
Egypt signs $140M financing deal for metallic silicon production complex in New Alamein

Egypt has signed a $140 million long-term syndicated financing agreement for the first phase of a metallic silicon and derivatives production complex planned for the industrial zone in New Alamein.

Updated 12/31/2025 1:35:00 PM
SCZONE, MDC to develop EGP 1B ready-built factories in Qantara West

The General Authority for Suez Canal Economic Zone (SCZONE) signed a usufruct agreement with the industrial developer Main Development Company (MDC) to develop ready-to-use factories and buildings in the Qantara West Industrial Zone for immediate operation by investors.

Updated 12/23/2025 1:28:00 AM
SCZONE, Pitcairn Group to build $8M food industries project

The Suez Canal Economic Zone (SCZONE) and Pitcairn Group have signed a contract to establish a food industries project in Sokhna Industrial Zone, with total investments of $8 million.

Updated 12/23/2025 1:12:00 AM