{"id":595881,"date":"2019-08-08T04:00:04","date_gmt":"2019-08-08T04:00:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/egypts-sca-sczone-reach-final-agreement-with-uaes-dp-world-for-sokhna-jv\/"},"modified":"2019-08-08T04:00:04","modified_gmt":"2019-08-08T04:00:04","slug":"egypts-sca-sczone-reach-final-agreement-with-uaes-dp-world-for-sokhna-jv","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/egypts-sca-sczone-reach-final-agreement-with-uaes-dp-world-for-sokhna-jv\/","title":{"rendered":"Egypt\u2019s SCA, SCZone reach final agreement with UAE\u2019s DP World for Sokhna JV"},"content":{"rendered":"<p>The Suez Canal Authority (SCA) and the Suez Canal Economic Zone (SCZone) have reached a final agreement with DP World on setting up a joint venture to develop 45 sqm in Ain Sokhna, SCA boss <a href=\"https:\/\/alborsaanews.com\/2019\/08\/07\/1233360\">Mohab Mamish said<\/a> at a press conference. The JV will be 49% owned by the UAE-based port operator and 51% owned by the SCA. No further details were provided beyond a reference to earlier press reports estimating the SCA\u2019s share of the project at EGP 4 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Suez Canal Authority (SCA) and the Suez Canal Economic Zone (SCZone) have reached a final agreement with DP World on setting up a joint venture to develop 45 sqm in Ain Sokhna, SCA boss Mohab Mamish said at a press conference. The JV will be 49% owned by the UAE-based port operator and 51% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7278],"tags":[72,7111,131,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595881","post","type-post","status-publish","format-standard","hentry","category-infrastructure","tag-enterpriseam","tag-infrastructure","tag-manufacturing","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"dd25b4f0-521d-41d5-a865-bb8aa04ab252","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[595857],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s SCA, SCZone reach final agreement with UAE\u2019s DP World for Sokhna JV - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/egypts-sca-sczone-reach-final-agreement-with-uaes-dp-world-for-sokhna-jv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s SCA, SCZone reach final agreement with UAE\u2019s DP World for Sokhna JV\" \/>\n<meta property=\"og:description\" content=\"The Suez Canal Authority (SCA) and the Suez Canal Economic Zone (SCZone) have reached a final agreement with DP World on setting up a joint venture to develop 45 sqm in Ain Sokhna, SCA boss Mohab Mamish said at a press conference. The JV will be 49% owned by the UAE-based port operator and 51% [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/egypts-sca-sczone-reach-final-agreement-with-uaes-dp-world-for-sokhna-jv\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-08T04:00:04+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/egypts-sca-sczone-reach-final-agreement-with-uaes-dp-world-for-sokhna-jv\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/egypts-sca-sczone-reach-final-agreement-with-uaes-dp-world-for-sokhna-jv\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s SCA, SCZone reach final agreement with UAE\u2019s DP World for Sokhna JV\",\"datePublished\":\"2019-08-08T04:00:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/egypts-sca-sczone-reach-final-agreement-with-uaes-dp-world-for-sokhna-jv\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"infrastructure\",\"Manufacturing\",\"Suez Canal Economic Zone\"],\"articleSection\":[\"Infrastructure\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/egypts-sca-sczone-reach-final-agreement-with-uaes-dp-world-for-sokhna-jv\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/egypts-sca-sczone-reach-final-agreement-with-uaes-dp-world-for-sokhna-jv\/\",\"name\":\"Egypt\u2019s SCA, SCZone reach final agreement with UAE\u2019s DP World for Sokhna JV - 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President Abdel Fattah El Sisi approved the company\u2019s founding at a meeting with SCZone Authority Chairman Mohab Mamish and DP World CEO Sultan Ahmed Bin Sulayem.\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622729,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/10\/sca-rejects-qingdao-port-offer-to-build-container-terminal-in-sokhna\/","url_meta":{"origin":595881,"position":1},"title":"SCA rejects Qingdao Port offer to build container terminal in Sokhna","author":"enterpriseam admin","date":"10 October 2018","format":false,"excerpt":"The Suez Canal Authority (SCA) has officially rejected an offer from China\u2019s Qingdao Port to build a new container terminal at Ain Sokhna Port due to ongoing expansion plans being carried out by the UAE\u2019s DP World at the same port, Al Mal reported. The SCA turned down the offer\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637170,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/dp-world-releases-details-of-agreement-with-sczone-to-develop-industrial-and-residential-zone-in-ain-sokhna\/","url_meta":{"origin":595881,"position":2},"title":"DP World releases details of agreement with SCZone to develop industrial and residential zone in Ain Sokhna","author":"enterpriseam admin","date":"9 November 2017","format":false,"excerpt":"INVESTMENT WATCH- Port operator and logistics services provider DP World announced yesterday (pdf) the details of its agreement with the Suez Canal Economic Zone (SCZone), which will see it \u201cdevelop an integrated industrial and residential zone\u201d in Ain Sokhna. The agreement, which was signed on the sidelines of the World\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602025,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/sca-in-talks-with-four-alliances-to-set-up-logistics-center-storage-station\/","url_meta":{"origin":595881,"position":3},"title":"SCA in talks with four alliances to set up logistics center, storage station","author":"enterpriseam admin","date":"17 March 2019","format":false,"excerpt":"The Suez Canal Authority (SCA) is in talks with four alliances (Groupe PSA, Mahoni, the Holding Company for Maritime and Land transport and Agility Logistics) to establish logistics centers and a storage station in East Port Said, the domestic press reported.","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641455,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/24\/sczone-signs-preliminary-agreement-with-dp-world-on-ain-sokhna-joint-venture\/","url_meta":{"origin":595881,"position":4},"title":"SCZone signs preliminary agreement with DP World on Ain Sokhna joint venture","author":"enterpriseam admin","date":"24 September 2017","format":false,"excerpt":"Suez Canal Economic Zone head Mohab Mamish and DP World CEO Sultan Ahmed Bin Sulayem signed on Thursday a preliminary agreement to establish a joint venture industrial zone in Ain Sokhna, Al Borsa reports. 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