Walid Gamal El Din

Chinese Vanward to invest $12M in new factory for household appliances in SCZONE

Thu, 18 Jan 2024 - 06:05 GMT

The factory, covering an expansive area of 26,000 square meters, is expected to create approximately 300 job opportunities

SCZONE, China agree on 11 projects with $15.6B investments

Mon, 06 Nov 2023 - 12:32 GMT

During the tour, the chairman engaged in 12 meetings with various companies and conducted on-site visits to prominent factories and businesses in four cities: Hangzhou, Suzhou, Hefei, and Beijing

SCZONE, Hengtong sign $18M optical cables investment agreement

Wed, 18 Oct 2023 - 05:25 GMT

Through this expansion, an area of 21,000 square meters will be added to Hengtong’s factory in the Sokhna Industrial Zone.

Egypt sign $755M tripartite framework agreements within SCZONE

Tue, 17 Oct 2023 - 01:28 GMT

The agreements outlined plans for new expansions and the establishment of an additional 3 km2 industrial zone within the Sokhna Industrial Zone

SCZONE receives $100M in investments for new textile projects in West Qantara

Mon, 16 Oct 2023 - 11:35 GMT

Walid Gamal El-Din visited Shanghai, where he signed agreements with Chinese investors and businessmen, primarily focusing on the localization of various industries within the SCZONE's ports and regions

SCZONE launches Infinix production line in Egypt’s first wearable mobile accessories factory

Tue, 03 Oct 2023 - 02:04 GMT

The factory stands as the region's first specialized facility for the manufacturing of wearable mobile phone accessories.

Midea Group inaugurates its $25M factory in SCZone

Wed, 09 Aug 2023 - 09:49 GMT

The Chinese company expects to annually produce 1.5 million washing machines at the factory, for export to the Middle East, Africa, the EU, and the US.

Port Said Container and Cargo Handling is offering 20% stake on the EGX

Thu, 08 Jun 2023 - 02:41 GMT

SCZone currently holds a 39 percent stake in PSCCHC.

Egypt’s SCZone, Chinese companies sign $487 million deals in energy, textiles, petrochemicals, bromine in Ain Sokhna

Fri, 26 May 2023 - 04:45 GMT

Chairman of the Suez Canal Economic Zone (SCZone) Walid Gamal El Dien announced the signing of $487 million agreements and contracts between a number of Chinese companies and the industrial developer TEDA-Egypt for establishing new projects in the industrial zone of Al Ain Al Sokhna.