Suez Canal Economic Zone

Ocior Energy signed contract to launch $4B green hydrogen station in Egypt

Thu, 10 Aug 2023 - 11:02 GMT

Ocior Energy will invest around $4 billion to build the project, local media reported.

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.

SCZone reveals significant growth in vessels and goods passing through southern ports

Sun, 16 Jul 2023 - 01:16 GMT

Egypt’s Ain Sokhna and Al Adabiya ports recorded significant activity during the final quarter of FY2022/2023, revealed new data by the Suez Canal Economic Zone (SCZone)

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.

SCZone, China Energy transform green hydrogen MOU to collaboration framework

Tue, 23 May 2023 - 04:51 GMT

The change is in line with the zone’s strategic efforts to encourage green hydrogen projects and foster partnerships in the renewable energy sector

SCZone committed to fostering co-op with Chinese investors, says SCZone chairman

Tue, 23 May 2023 - 03:02 GMT

He also expressed SCZone's commitment to fostering cooperation with Chinese investors. The forum aims to be a platform for dialogue and collaboration between the two countries

Suez Canal Economic Zone collaborates with global operators to boost ports' competitiveness.

Fri, 12 May 2023 - 03:26 GMT

The authority places a great premium on expanding its ports in order to increase their competitiveness with neighboring peers.

SCZone, Hungarian Export Promotion Agency sign MoU for joint cooperation

Wed, 01 Mar 2023 - 04:17 GMT

This came at the end of a session of the Egyptian-Hungarian joint business forum in which a number of Egyptian and Hungarian ministers and senior officials also attended.

Photos: Arish Port development plan to be concluded in 2024: Egypt’s SCZone

Sat, 14 Jan 2023 - 01:56 GMT

The Suez Canal Economic Zone (SCZone) announced on Saturday that the development plan of Al-Arish Port in northeastern Egypt will be concluded in 2024.

World's largest floating library Logos Hope to dock at Port Said Port on 4 Jan.

Sat, 31 Dec 2022 - 08:52 GMT

MV Logos Hope, the world’s largest floating library, will dock at Port Said Port for 20 days starting 4 January, the Suez Canal Economic Zone (SCZone) said in a statement on Saturday.

Egypt's SCZone approves establishment of 4 new logistic projects

Tue, 13 Sep 2022 - 03:30 GMT

Furthermore, the Board of Directors approved the project to establish a multi-purpose terminal for the Sky Investment - Reliance Logistics consortium, in East Port Said Port, provided that the authority will start taking the necessary measures towards this contract.

SCZone aims to attract Indian investments in green hydrogen sector

Wed, 27 Jul 2022 - 04:48 GMT

Zaki said that the economic zone aims to enhance cooperation with some companies that are members of the Federation of Indian Chambers and to study investment opportunities in the textiles, chemicals, programming, information technology and operating systems sectors, as well as the industries of auto engine parts, devices and medical supplies.

SCZone, Panama Canal sign agreement for joint cooperation

Mon, 13 Jun 2022 - 02:47 GMT

The agreement aims for joint cooperation between the two regions and the exchange of information to provide an opportunity to attract investors from different regions to emphasize their international status.

Egypt’s president urges that SCZone projects focus on investments to localize technology

Thu, 06 May 2021 - 07:16 GMT

Sisi urged focusing on investments that also create job opportunities, the Presidency said.

EU says ready to provide technical support for SCZone development projects

Tue, 09 Mar 2021 - 02:29 GMT

During a meeting with SCZone chairman Yehia Zaki on Tuesday, Berger praised the zone's capabilities as well as its development projects.

Suez Canal Zone: Investments worth $1 billion to be seen in Ain Sokhna Industrial Zone in 2020

Fri, 29 Jan 2021 - 12:15 GMT

The investment cost of new projects contracted by industrial developers to be carried out in the Ain Sokhna Industrial Zone in 2020 hit dlrs 1.077 billion, the Suez Canal Economic Zone (SCZone) announced.

Egypt’s Transport min, Hungarian amb to Cairo discuss cooperation

Wed, 23 Sep 2020 - 03:27 GMT

Egypt’s transportation Minister Kamel el Wazir held talks, Tuesday with Hungary’s ambassador in Cairo on promoting cooperation in the various transportation fields.

Egypt's President renews term of chiefs of Suez Canal Authority, Economic Zone

Thu, 13 Aug 2020 - 04:54 GMT

Egypt's President Abdel Fattah El Sisi has issued a decree renewing the term of Yehia Zaki, the chairman of the General Authority for Suez Canal Economic Zone (SCZone), for one year starting August 12.

EBRD delegation visits SCZone

Thu, 13 Aug 2020 - 01:15 GMT

In a statement on Thursday, the SCZone said the visit tackled the technical support presented to improve the level of services.