Suez Canal Economic Zone (SCZONE)

Egyptian and Russian Presidents Discuss Establishment of Russian Industrial Zone in Suez Canal area

STRONGER: Russian President Vladimir Putin has made it clear than any peace agreement in Ukraine must take into account his country's victory on the battleground. The writer says the unfolding reality is that intended sanctions on Russia have, in fact, seen Russia emerge economically more independent and stronger, while two of the EU's lead countries, Germany and France, are showing signs of being weak on the knees to retain their postures as reputed industrial success stories. (Photo: TASS)

Egyptian President Abdel Fattah Al-Sisi and his Russian counterpart Vladimir Putin had a telephone conversation on 21 January. This was reported by the press service of the Egyptian leader. The parties considered international and regional issues of mutual interest. In addition, the heads of state discussed the expansion of ties between Moscow and Cairo in… Continue reading Egyptian and Russian Presidents Discuss Establishment of Russian Industrial Zone in Suez Canal area

Suez Canal Economic Zone Signs Contracts Worth US$38 Million

The overarching goal is to position Egypt as a global leader in thought, creativity, and cultural diplomacy. Photo: Daily News Egypt

The Suez Canal Economic Zone (SCZONE) announced that it has attracted US$38 million in investments for two new projects in the Qantara West Industrial Zone. The projects, which will cover an area of 137,000 square metres, will focus on food processing and textile production, creating around 1,450 jobs. This is reported by Daily News Egypt,… Continue reading Suez Canal Economic Zone Signs Contracts Worth US$38 Million

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