Hassan Allam Pledges $10 bn Joint Investments in SCZONE with UAE’s Masdar

Allam notes that the company focuses on renewable energy projects, including solar and wind energy and green hydrogen.

SCZONE Establishes New Logistics Zone in Sokhna

Walid Gamal El-Din, chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), meets Urs Moll, CEO of DP World - Sokhna, to discuss cooperation means and joint work in the coming period along wit ...

Egypt Economic Summit Returns for 2nd Edition in December

The nation's biggest Economic Summit is back for a second run on December 2 at St. Regis Cairo, under the auspices of Prime Minister Mostafa Madbouly, starring more than 20 keynote speakers and influential leaders ...

Egyptian Real Estate Sees Buoyant Demand: Fitch Solutions

Fitch Solutions said the introduction of 20 new cities across Egypt, along with the upgrading of 23 existing areas, is stirring up demand for Egyptian real estate, in the face of Coronavirus headwinds.

SCZone Attracts USD 15 bn Investments in 5 Yrs: Official

The Suez Canal Economic Zone (SCZone) attracted about USD 15 bn (EGP 236.84 bn) worth of investments over the past five years, thanks to the establishment of over 220 companies in the various vital fields of Egypt ...

Egypt to Establish Largest Fibre Optic Factory in MENA

State-run Arab Organization for Industrialization (AOI) and Benya Capital, a telecom and technology solutions provider, have joined forces to establish the largest fiber optic cable factory in Egypt and MENA, with ...

Egypt to Set up Accounting System for FDIs

Egypt's Ministry of Investment and International Cooperation has inked a cooperation protocol to account for the foreign direct investments (FDIs) that have been flowing into Egypt in recent years

El Sewedy, Suez Canal Sign Land Development Deal for Ain Sokhna Plot

Egyptian cable maker El Sewedy Electric’s industrial development unit has inked an EGP 10 bn agreement with the General Authority for Suez Canal Economic Zone (SCZone) to develop a land area in Ain Sohkna

SCZone, DP World Ink Deal for Industrial, Residential Zone in Sokhna  

The Suez Canal Authority and the Suez Canal Economic Zone (SCZone) signed an agreement with global trade enabler DP World for the first phase of development of an integrated industrial and residential zone in Sokh ...

SCZone Inks Deals for USD 40 bn Projects

The Suez Canal Economic Zone (SCZone) signed on November 7 contracts for new projects worth USD 40 bn of investments with local and international companies

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