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With Investments of $8 Million..SCZONE Signs Contract with China’s ShuanFeng for Ready-Made Garments Facility in Qantara West Industrial Zone
Mr. Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), signed today a contract with (ShuanFeng), a Chinese company specialized in ready-made garments ma...
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During his participation in the Egypt–Bahrain Business Forum in Cairo…Chairman of SCZONE showcases the investment opportunities in the session “Investment Horizons and Growth Strategies”
Mr. Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), participated in the Egypt–Bahrain Business Forum held in Cairo
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Şahinler Holding to build 50,000-square-meter factory in Egypt for Zara production
ŞahinlerHolding, a Turkish conglomerate with an annual turnover of $1 billion, is expanding its investments in #Egypt with plans exceeding $100 million in the ready-to-#wear and #tourismsectors.
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Textile exporters may shift base abroad to cater to US markets
Indian textile exporters may shift final-stage production to Bangladesh, Sri Lanka, Ethiopia, Jordan and others to offset new 50% US tariffs. While buyers seek discounts, exporters weigh margin pressu...
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With Investments of $7 Million..SCZONE Chairman Signs Contract with Germany’s “SUN GARDEN” for Home Textiles and Furnishings Facility in Qantara West Industrial Zone
Mr. Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), signed today a contract with SUN GARDEN, a leading German company specializing in garden furnitur...
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With $4m in investments, SCZONE signs contract for “Mariniro” ready-made garments project, the 1st Greek industrial investment in Qantara West
Mr. Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE), signed a contract this morning at the SCZONE’s HQ in the New Administrative Capital to establish t...
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With Investments of $130 Million..SCZONE Signs Contract with China’s “EVERFAR” for Major Textile and Garment Facility in Qantara West Industrial Zone
Mr. Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), witnessed today the signing of a new investment agreement with EVERFAR Textile Egypt LLC, a subsi...
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With $35m in investments, SCZONE Chairman signs contract to establish Turkish “Nil Örme” factory for textiles and garments in Qantara West
Mr. Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE), signed a contract this morning at the SCZONE’s HQ in the Administrative Capital to establish the T...
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Egypt Targets Stronger Global Position for Garment Exports Amid 25% Growth in 2025
In a move to reinforce Egypt’s role in international trade, Abdel Aziz Elsherif, head of the Egyptian Commercial Service (ECS), met with Fadel Marzouk, chairperson of the Apparel Export Council of Egy...
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Turkey expands anti-dumping duties on Chinese goods via EU, launches new probes
Turkey’s Trade Ministry has extended existing anti-dumping duties on cycle chain imports from China to cover shipments from the European Union, excluding Spain, according to a communique published in...
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Egypt sets $12bn target for ready-to-wear garment exports by 2031
Abdel Aziz Elsherif, Head of the Egyptian Commercial Service (ECS), met with Fadel Marzouk, Chairperson of the Apparel Export Council of Egypt (AECE), to discuss a comprehensive plan to boost Egyptian...
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Textile exports surge 7% during H1 2025, hits $577M: Export Council for Spinning and Textiles
Egypt’s exports of spinning and textiles increased by 7 percent during the first half of the current year, reaching $577 million compared to $538 million during the same period last year, according to...
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Intertextile Shanghi Home Textiles expo expands its exhibitor scope
Shanghai – Eight new countries will be featured at the autumn addition of Intertextile Shanghai Home Textiles next week.
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Exports are not as 'ready' as they used to be: Egypt's rise, Türkiye's loss
The ready-made garment sector, which has been among the top three exporters in Turkiye for years, is sounding the alarm with its recent sharp decline.
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Türkiye’s Hayat Egypt invests $44m in hygiene prod. in SCZONE
Türkiye’s Hayat Egypt has begun construction on new production lines for hygiene products at its Sokhna facility in Egypt’s Suez Canal Economic Zone (SCZone), with an investment of $44 million, SCZone...
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Egypt established a special unit for Turkish investments
Deputy Prime Minister of Egypt for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir met with representatives of nine Turkish companies operating in the textile, ready-made...
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Great interest in Türkiye-Egypt Clothing B2B event
The Turkey–Egypt Apparel B2B Event took place at the Istanbul Swissôtel The Bosphorus on June 24–25, 2025.
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$500 million Turkish investment in Egypt
Türkiye's Ambassador to Cairo, Salih Mutlu Şen, stated that at least $500 million in Turkish investments will be made in Egypt by 2024.
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Egypt approves establishment of new public free zones in 4 cities
Arab Finance: The Ministerial Group for Industrial Development has approved the establishment of new public free zones in 10th of Ramadan City, New October City, New Borg El Arab City, and New El Alam...
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DeFacto's 30th store in Egypt
Global fashion brand DeFacto continues its growth in the MENA region. Having opened its 30th store in Egypt at the Cairo Festival City Mall in the capital, Cairo, DeFacto reconnected with customers wi...