Egypt's Suez Canal Economic Zone (SCZONE) achieved record revenues of EGP 11.6bn ($242m) in fiscal year (FY) 2024/25, a 38% increase from the previous year, its chairperson said on Monday.
The board of the SCZONE General Authority approved the final (...)
Egypt's Minister of Water Resources and Irrigation, Hani Sweilem, met on Monday with Abdelaziz El-Mulla, Egypt's Executive Director at the World Bank Group, to discuss ongoing collaboration and explore new opportunities for partnership, according to (...)
Sckylers Developments has officially entered Egypt's real estate market with the launch of its first project, OC, a mixed-use development in East Cairo that marks the start of a broader expansion strategy.
The announcement was made during a (...)
A new mechanism for preparing public-private partnership (PPP) projects has been launched in Egypt, in a collaboration between the Ministry of Finance and the European Bank for Reconstruction and Development (EBRD).
Speaking at the launch event, (...)
Egyptian President Abdel Fattah Al-Sisi met on Sunday with Terje Pilskog, CEO of Norway's Scatec, and Ko Renxian, founder of China's Sungrow, along with Prime Minister Mostafa Madbouly and senior ministers, to review cooperation plans in the (...)
Commercial International Bank–Egypt (CIB) has completed the seventh securitization issuance for GlobalCorp for Financial Services, with a total value of EGP 2.3bn. The deal marks the fifth collaboration between the two institutions.
CIB said the (...)
Chinese tyre manufacturer Sailun Group on Tuesday laid the foundation stone for a new $1bn factory in the Suez Canal Economic Zone (SCZONE), a project aimed at localising the automotive industry in Egypt.
Walid Gamal El-Din, chairperson of the (...)
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), met on Tuesday with Miguel Yllescas Ortiaga, Ambassador of Peru to Cairo, to discuss avenues of bilateral cooperation and highlight the wide range of investment opportunities (...)
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), signed an agreement this morning with Syed Fasihuddin Bukhari, representative of Pakistan's Interloop Group, to establish a ready-made garments manufacturing project in the (...)
Prime Minister Mostafa Madbouly met on Sunday with He Fei, Managing Director of SunRev Solar, at the government headquarters in the New Administrative Capital to discuss plans for localizing the manufacturing of renewable energy components in (...)
ALJAR Developments has launched the first phase of its flagship project, Aljar British District, in East Cairo, with total investments estimated at EGP 20bn. The development spans more than 70 feddans and is set to become a major landmark in the (...)
Egypt ranked ninth globally and first in Africa among the world's top investment destinations, attracting net inflows of $46.1bn in the 2023/2024 fiscal year, the head of the country's investment authority said on Tuesday.
Speaking at the (...)
نوهت جامعة الإسماعيلية الجديدة الأهلية إلى أنه لا صحة مطلقًا لما تردد مؤخرًا بشأن فتح باب التقديم المباشر لكليات القطاع الطبي أو برنامج الذكاء الاصطناعي بكلية الهندسة، مؤكدة أن ما يتم تداوله في هذا الشأن عارٍ تمامًا من الصحة.
وأهابت الجامعة بجميع (...)
Egyptian Prime Minister Mostafa Madbouly held a series of meetings with the heads of major Chinese companies on Sunday to discuss expanding investment in Egypt, particularly in renewable energy, water desalination, and electric vehicle (...)
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, has announced the launch of the 11th offering of industrial land plots through the Egypt Industrial Digital Platform (madein.eg). This offering (...)
Majid Al Futtaim, the leading developer and operator of shopping malls, communities, retail, and leisure destinations across the Middle East, Africa, and Asia, has reached a new investment milestone with the opening of its 100th retail store in (...)
Egypt's ready-made garment exports surged impressively during the first seven months of 2025, reaching approximately $1.939bn, up from $1.539bn during the same period last year—an annual growth rate of 26%. According to the Apparel Export Council (...)
أعلنت جامعة الإسماعيلية الجديدة الأهلية فى تنويه رسمى، أنه لا صحة مطلقًا لما تردد مؤخرًا بشأن فتح باب التقديم المباشر لكليات القطاع الطبي أو برنامج الذكاء الاصطناعي بكلية الهندسة، وتؤكد أن ما يتم تداوله في هذا الشأن عارٍ تمامًا من الصحة.
وتهيب (...)
Egypt's Prime Minister Mostafa Madbouly has called on Chinese companies to expand their investments in Egypt, particularly in electric vehicles (EVs), water desalination, and renewable energy components, as the government seeks to accelerate (...)
Egyptian Prime Minister Mostafa Madbouly on Wednesday witnessed the signing of a land usufruct contract for a $220m (EGP 11bn) industrial complex to produce solar cells, panels, and energy storage systems in the Suez Canal Economic Zone (...)
Egypt's Suez Canal Economic Zone (SCZONE) has signed contracts for two new projects with German and Greek companies, representing a combined foreign investment of $11m.
Walid Gamal El-Din, chairperson of the SCZONE General Authority, signed a (...)
أعلنت كلية الزراعة بجامعة قناة السويس عن استمرار فتح باب التقدم لبرامج الدراسات العليا للعام الأكاديمي 2025-2026، وذلك في الفترة من 1 أغسطس وحتى 23 سبتمبر 2025، وتشمل برامج الماجستير والدكتوراه والدبلومات المتخصصة، في خطوة تستهدف تعزيز منظومة البحث (...)
The Suez Canal Economic Zone (SCZONE) will hold its first promotional roadshow in Türkiye by the end of September to attract new investments in its priority sectors, Chairperson Walid Gamal El-Din announced on Tuesday.
He said the Authority is (...)
Petrobel and Petro Shorouk have allocated $1.029bn in new investments for exploration and production activities during fiscal year 2024/25, according to results presented at the companies' general assemblies, attended by petroleum sector leaders and (...)
The Suez Canal Economic Zone (SCZONE) signed two agreements on Monday with an Egyptian–Turkish consortium to establish bonded container yards in Qantara West and Sokhna. The signing ceremony, held at SCZONE headquarters in the New Administrative (...)
