SCZONE attracts $15bn in investments, 70% foreign: Chairperson

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), said the authority has attracted investments estimated at approximately $15bn, of which 70% are foreign and 30% domestic, with investors representing 28 countries. He noted that the figures reflect growing international confidence in the zone’s investment climate. Gamal El-Din…

Norway’s Scatec to boost renewable energy investments in Egypt

Norway’s Scatec is committed to enhancing its investments in the Egyptian market following improvements in the business environment and effective cooperation from state authorities, Chief Executive Terje Pilskog said. During a meeting with Egyptian Minister of Investment and Foreign Trade Mohamed Farid, Pilskog expressed the company’s appreciation for government support…