Suez Canal Economic Zone

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.

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.

Bright future awaits Sinai, Suez Canal Economic Zone after connected to mainland with huge tunnels, bridges

Sat, 25 Apr 2020 - 08:20 GMT

A bright future awaits Sinai after five tunnels below Suez Canal have been built to connect mainland Egypt to the peninsula and the Suez Canal Economic Zone. A network of tunnels and bridges will make the movement of people and goods easier than ever, att

Chairman of SCZone reviews development stages of East Port Said Port

Tue, 26 Nov 2019 - 01:28 GMT

The port witnessed 70 million cubic meters of dredging work, at a cost of more than LE 6 billion, paid by the Suez Canal Authority.

Egypt aims to put SCZone on global investment map:SCZone chief

Mon, 14 Oct 2019 - 03:04 GMT

Zaki said the Egyptian state works to achieve this goal through providing a favorable atmosphere for investments, removing obstacles and facilitating free flow of information necessary for projects.

Suez Canal's revenues increase by 10 percent in 2018

Thu, 04 Apr 2019 - 04:46 GMT

The Suez Canal Authority denied signing a contract with the Ministry of Finance to pay all its debts.

Egypt promotes investment opportunities with Hyundai, Korea Eximbank

Tue, 26 Feb 2019 - 02:47 GMT

Egypt and Korea discussed several fields of cooperation and promoted the huge projects and available investment opportunities in Egypt

72 ships pass Suez Canal on Jan. 2

Wed, 02 Jan 2019 - 01:48 GMT

The Suez Canal achieved on Wednesday its second highest record as 72 ships passed through the canal carrying around 5 million tons of loads.

Presidential decree on appointing 2 deputies to SCZone head

Mon, 31 Dec 2018 - 02:25 GMT

President Abdel Fattah El Sisi issued decree No. 604/2018 to appoint two deputies to the head of the General Authority For Suez Canal Economic Zone (SCZone) for one year.

Suez Canal Authority breaks new record

Thu, 20 Dec 2018 - 08:29 GMT

The SCA achieves a new score in the transit of ships getting unprecedented revenue.

Cabinet approves setting up Russian industrial zone at SCZone

Wed, 25 Jul 2018 - 01:37 GMT

The project is aimed at manufacturing high quality products and creating more job opportunities.

SCZone signs protocol to establish logistic center with investment of $100M

Tue, 26 Jun 2018 - 09:58 GMT

The protocol was signed by Chairman of the Suez Canal Authority and the Suez Canal Economic Zone, Mamesh, and Vice Chairman and CEO of Agility, Tarik Sultan.

Japan's Toyota officials discuss beefing up production in Egyptian market

Thu, 21 Jun 2018 - 12:10 GMT

Ambassador Kamel visited the Toyota Takaoka Assembly Plant, also known as Takaoka Plant, in Toyota City that produces 1,200 vehicles of various Toyota models per day.

Suez governor ink deal to establish logistic zone worth LE 2B

Thu, 31 May 2018 - 02:18 GMT

The Internal Trade Development Authority will be responsible for promoting the project and communicating with the best companies specialized in management of assets.