{"id":607534,"date":"2023-10-04T00:00:00","date_gmt":"2023-10-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/"},"modified":"2023-10-04T00:00:00","modified_gmt":"2023-10-04T00:00:00","slug":"chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/","title":{"rendered":"Chinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA"},"content":{"rendered":"

MANUFACTURING- <\/strong><\/p>\n

Chinese firms to produce smart tech in the SCZone: <\/strong> Chinese tech firms will produce wearable tech at a new factory inaugurated in the TEDA Industrial Zone yesterday, according to a Suez Canal Economic Zone (SCZone) stateme<\/a> nt<\/a> that bills the factory as the first of its kind in the region. The factory will produce up to 9k phone accessories per day, including bluetooth headsets and smart watches, across three production lines.<\/p>\n

The local smartphone manufacturing industry has been gaining momentum as of late: <\/strong>Increased government incentives and cheap operation costs have made Egypt an attractive destination<\/a> for foreign tech companies, with the government aiming to localize the country\u2019s electronics manufacturing industry.<\/p>\n

PHARMA-
<\/strong><\/p>\n

Global Napi is setting up shop in Saudi: <\/strong>Egypt-based pharma firm Global Napi<\/a> Pharma<\/a> has completed the construction of an industrial complex in Saudi Arabia, A<\/a> l Ma<\/a> l<\/a> reports, citing an anonymous official from the company. The company inked an agreement with two unnamed Saudi and Syrian partners in 2021 to set up the industrial complex with a SAR 200 mn investment, according to the media outlet. It is yet to obtain final permits to begin production but has received approval from the country\u2019s pharma regulator for a number of its products.<\/p>\n

DIVESTMENT- <\/strong><\/p>\n

OIH completes Brazil exit: <\/strong> Orascom Investment Holding (OIH) has completed the sale of its assets in Brazil for USD 17.9 mn, it said in a statement (pdf)<\/a>. The company reached an agreement<\/a> to sell its real estate units in S\u00e3o Paulo last month. OIH will use the proceeds to finance new projects in the tourism and renewable energy sectors, it said.<\/p>\n

Remember: <\/strong>OIH is planning to invest another EGP 500 mn<\/a> to develop the Giza Pyramids area, They\u2019re also exploring the Uzbekistan renewables sector<\/a> as part of a USD 1.2 bn plan.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANUFACTURING- Chinese firms to produce smart tech in the SCZone: Chinese tech firms will produce wearable tech at a new factory inaugurated in the TEDA Industrial Zone yesterday, according to a Suez Canal Economic Zone (SCZone) stateme nt that bills the factory as the first of its kind in the region. The factory will produce […]<\/p>\n","protected":false},"author":1,"featured_media":607535,"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":[7209],"tags":[111,116,975,72,11654,131,618,427,219,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-607534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-china","tag-egypt-china-relations","tag-enterpriseam","tag-global-napi","tag-manufacturing","tag-orascom-investment-holding","tag-pharma","tag-saudi-arabia","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"8ae9b1a7-8a24-460a-b401-6ae857c73717","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/282.jpg","photo_position":"above","homepage_title":"Chinese firms to produce wearable tech in the SCZone","full_issue_title":"Chinese firms to produce wearable tech in the SCZone. PLUS: Orascom Investment exits Brazil, local pharma player finishes factory in Saudi Arabia","related_issue":[607507],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.e3c1c401-c57e-4e29-b67c-2d7c888ac7e7.mp3"},"yoast_head":"\nChinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA - 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\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA\" \/>\n<meta property=\"og:description\" content=\"MANUFACTURING- Chinese firms to produce smart tech in the SCZone: Chinese tech firms will produce wearable tech at a new factory inaugurated in the TEDA Industrial Zone yesterday, according to a Suez Canal Economic Zone (SCZone) stateme nt that bills the factory as the first of its kind in the region. The factory will produce […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-04T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Chinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA\",\"datePublished\":\"2023-10-04T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/\"},\"wordCount\":316,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ALSO ON OUR RADAR\",\"China\",\"Egypt-China relations\",\"EnterpriseAM\",\"Global Napi\",\"Manufacturing\",\"Orascom Investment Holding\",\"pharma\",\"Saudi Arabia\",\"Suez Canal Economic Zone\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/\",\"name\":\"Chinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-10-04T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Chinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/","og_locale":"en_US","og_type":"article","og_title":"Chinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA","og_description":"MANUFACTURING- Chinese firms to produce smart tech in the SCZone: Chinese tech firms will produce wearable tech at a new factory inaugurated in the TEDA Industrial Zone yesterday, according to a Suez Canal Economic Zone (SCZone) stateme nt that bills the factory as the first of its kind in the region. The factory will produce […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-10-04T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Chinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA","datePublished":"2023-10-04T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/"},"wordCount":316,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?fit=%2C&ssl=1","keywords":["ALSO ON OUR RADAR","China","Egypt-China relations","EnterpriseAM","Global Napi","Manufacturing","Orascom Investment Holding","pharma","Saudi Arabia","Suez Canal Economic Zone"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/","name":"Chinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?fit=%2C&ssl=1","datePublished":"2023-10-04T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/chinese-firms-to-produce-wearable-tech-in-the-sczone-plus-oih-exits-brazil-local-pharma-player-enters-ksa\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Chinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/282.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":595573,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/09\/midea-launches-washing-machine-factory-in-sczone\/","url_meta":{"origin":607534,"position":0},"title":"Midea launches washing machine factory in SCZone","author":"enterpriseam admin","date":"9 August 2023","format":false,"excerpt":"The factory will produce 1.5 mn washing machines annually","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/418.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584045,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/26\/chinese-steel-player-to-invest-usd-2-bn-in-sczone-factories-plus-danone-to-invest-here-this-year\/","url_meta":{"origin":607534,"position":1},"title":"Chinese steel player to invest USD 2 bn in SCZone factories. PLUS: Danone to invest here this year.","author":"enterpriseam admin","date":"26 March 2023","format":false,"excerpt":"This is the latest in a string of Chinese investment in Egypt\u2019s manufacturing and infrastructure sectors","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/407.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558199,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/01\/a-bigger-better-riz\/","url_meta":{"origin":607534,"position":2},"title":"A bigger, better RIZ","author":"enterpriseam admin","date":"1 August 2021","format":false,"excerpt":"Russia is getting one super-sized RIZ: Egypt and Russia agreed last Thursday to expand the scope of the Russian Industrial Zone (RIZ) within the Suez Canal Economic Zone (SCZone), according to a statement. The two sides inked an agreement that will hand Russian companies an additional 5 mn square meters\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/32.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590086,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/13\/more-chinese-firms-to-set-up-shop-in-sczone\/","url_meta":{"origin":607534,"position":3},"title":"More Chinese firms to set up shop in SCZone","author":"enterpriseam admin","date":"13 July 2023","format":false,"excerpt":"More than two-thirds of the money will go to textiles projects","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/504.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571727,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/egypt-to-build-egp-1-bn-fiber-optic-cable-factory-in-suez-canal-economic-zone\/","url_meta":{"origin":607534,"position":4},"title":"Egypt to build EGP 1 bn fiber-optic cable factory in Suez Canal Economic Zone","author":"enterpriseam admin","date":"21 May 2020","format":false,"excerpt":"INVESTMENT WATCH- Gov\u2019t to build EGP 1 bn fiber-optic cable factory in SCZone: The state-affiliated Arab Organization for Industrialization and Benya Capital, a holding company specializing in IT infrastructure, signed an agreement to build a factory to produce fiber-optic cables at the Suez Canal Economic Zone (SCZone), according to a\u2026","rel":"","context":"In "Speed Round"","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":588373,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/11\/sczone-grants-approval-for-new-industrial-projects\/","url_meta":{"origin":607534,"position":5},"title":"SCZone grants approval for new industrial projects","author":"enterpriseam admin","date":"11 June 2023","format":false,"excerpt":"Five projects get the greenlight","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/457.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/607534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=607534"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/607534\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/607507"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/607535"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=607534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=607534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=607534"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=607534"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=607534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}