China’s Sailun breaks ground on $1b tire plant in Egypt’s SCZONE
China’s Sailun Group on Wednesday broke ground on a $1 billion (about 48 billion Egyptian pounds) tire factory in…
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Egypt invites Toyota Tsusho to expand investments in SCZONE
Egypt’s Prime Minister Mostafa Madbouly invited Japan’s Toyota Tsusho Group to increase investments in the Suez…
Egypt, Japan seal 12 investment deals in energy, industry, tourism, education
Egypt and Japan on Tuesday signed 12 agreements and letters of intent covering energy, industry, education and…
Madbouly calls on Japanese companies to expand operations in Egypt
Egypt’s Prime Minister Mostafa Madbouly on Tuesday called on Japanese companies to expand their operations in…
Egypt’s SCZone, Toyota Tsusho discuss East Port Said RoRo terminal launch
Egypt’s Suez Canal Economic Zone (SCZONE) has discussed with Toyota Tsusho the timeline for the inauguration of a…
Egypt signs $1b deal with China’s Sailun for SCZONE tire plant
China’s Sailun Group signed an agreement to build a $1 billion tire manufacturing plant in Egypt’s Suez Canal…
German confidence sinks as industry slows, EU–US trade deal underwhelms
Germany’s ZEW Indicator of Economic Sentiment fell 18 points to 34.7 in August 2025, ending several months of…
Egypt approves new measures to boost EV sector
Egypt has approved a package of new measures aimed at supporting the expansion of its electric vehicle (EV)…
Nissan, Foxconn discuss EV partnership to save Japan plant
Nissan Motor is in talks with Taiwan’s Foxconn over a potential electric vehicle (EV) collaboration that could help…
Germany’s export expectations dip in June – ifo
Germany’s ifo Export Expectations index fell to -3.9 points in June from -3.0 in May, weighed down by continued…