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Infrastructure 
China’s Wu’an Xin Feng inks contract for USD 1.7 bn industrial complex in Ain Sokhna
The nine-factory complex will be built by over a five-year period
Chinese garment manufacturer to set up USD 10 mn plant in Qantara West
PLUS- Grinta acquires Citi Clinic, gaining access to over 150k patients
US investigates perceived constraints at global checkpoints including Suez Canal
The investigation will also look into the English Channel, the Panama Canal, and the Singapore Strait
Local building materials manufacturer to set up USD 12 mn plant in Tech Valley
The company plans to allocate 80% of its output for export
Eroglu doubles down on Egypt with USD 120 mn garment factory
The factory will roll out 30 mn garments a year
Suez Canal completes EGP 9 bn southern expansion
PLUS- Lukoil awarded South Wadi El Sahl concession
SCA’s Rabie sees a pickup in Suez Canal traffic as early as next month
Good morning, all. The local news cycle has picked up after a slower start to the week — in this…
Maersk doesn’t see Red Sea traffic picking up before mid-2025
A trickle of US- and UK-linked ships passed through the Red Sea safely after Yemen’s Houthis announced they would only…
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