{"id":665186,"date":"2025-05-13T00:00:00","date_gmt":"2025-05-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/13\/ain-sokhna-industrial-zone-launches-two-factories-worth-combined-usd-210-mn\/"},"modified":"2025-05-13T00:00:00","modified_gmt":"2025-05-13T00:00:00","slug":"ain-sokhna-industrial-zone-launches-two-factories-worth-combined-usd-210-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/13\/ain-sokhna-industrial-zone-launches-two-factories-worth-combined-usd-210-mn\/","title":{"rendered":"Ain Sokhna industrial zone launches two factories worth combined USD 210 mn"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends.<\/strong> We hope this finds you well and that your air filters are earning their keep today. We come with glad tidings of two new industrial zone factories breaking operational ground in Ain Sokhna, alongside details on Trump\u2019s Mideast tour, and Google\u2019s rough week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Two factories worth a combined USD 210 mn are launching operations in Ain <\/strong><strong>Sokhna: <\/strong>China\u2019s state-owned <a target=\"_blank\" href=\"https:\/\/www.xinxing-pipes.com\/en\/\" style=\"\" rel=\"noopener\">Xinxing Ductile Iron Pipes Company<\/a> is inaugurating a USD 150 mn ductile iron pipes plant in the Ain Sokhna industrial zone today, while Turkish sanitary product company <a target=\"_blank\" href=\"https:\/\/www.hayat.com\/en-tr\/\" style=\"\" rel=\"noopener\">Hayat\u2019s<\/a> local subsidiary Hayat Egypt is launching a USD 60 mn project in the zone, according to a cabinet <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/1EeDvZptH9\/\" style=\"\" rel=\"noopener\">statement<\/a>. The projects are part of ongoing efforts to develop the Suez Canal Economic Zone\u2019s four industrial zones and six ports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Xinxing <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d37e6527-1e8b-450d-a371-68e38a2907c9\" style=\"\" rel=\"noopener\">broke ground<\/a><\/strong><strong> on the iron pipes factory<\/strong><strong> in May of last year.<\/strong> The project, which is located in Sokhna\u2019s TEDA industrial park, was projected to manufacture 250k tonnes of cast iron pipes per year with an annual production value of USD 1.2 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And Hayat Egypt is launching a tissue factory: <\/strong>Hayat Egypt in November 2023 inked a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7fddf2f8-9439-469e-a2b5-a9fb601bdb1b\/emirates-nbd-egypt-signs-eur-30-mn-loan-agreement-with%253cmark%253e-hayat-egypt%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">EUR 30<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7fddf2f8-9439-469e-a2b5-a9fb601bdb1b\/emirates-nbd-egypt-signs-eur-30-mn-loan-agreement-with%253cmark%253e-hayat-egypt%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">mn medium-term loan agreement<\/a> with Emirates NBD Egypt to finance plans for a tissue factory in Ain Sokhna that was at the time estimated to be worth USD 70 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump kicks off Mideast tour with Saudi Arabia visit: <\/strong>US President Donald Trump has arrived in Riyadh to begin a four-day Middle East trip focused on securing tns of USD from the Gulf, marking his first scheduled overseas trip since taking office. Trump is seeking USD 1 tn from Saudi Arabia alone \u2014 an amount equivalent to the Kingdom\u2019s gross domestic product last year and well beyond the USD 600 bn it pledged. The presidential itinerary includes visits to Qatar on Wednesday and the UAE on Thursday, but notably omits Israel, raising questions about shifting US priorities in the region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump is expected to <\/strong><strong><a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/economics\/82548\/%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D9%88%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9-%D8%AA%D8%AF%D9%81%D8%B9%D8%A7%D9%86-%D9%86%D8%AD%D9%88-%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D8%A3%D8%B9%D9%85%D9%82\/\" style=\"\" rel=\"noopener\">announce<\/a><\/strong> <strong> an agreement that would give Saudi Arabia access to <\/strong><strong>semiconductors imports <\/strong>from tech giants like Nvidia and Advanced Micro Devices, allowing it to secure components that are necessary for developing AI models and potentially giving a significant boost to the Kingdom\u2019s technological capabilities. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/trump-starts-gulf-visit-seeking-big-economic-deals-2025-05-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/live-blog\/2025-05-13\/trump-s-visit-to-saudi-arabia-mbs-2025?cursorId=6822F36268900000\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2025\/05\/13\/us\/trump-news-saudi-arabia#trump-saudi-arabia-gulf-trip\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/trump-mideast-saudi-arabia-mbs-qatar-uae-b782fe922d09afced2e1074b65016e80\" style=\"\" rel=\"noopener\">AP News<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>We\u2019re seeing relatively mild weather tomorrow in the capital ahead of the weekend spike, with the mercury settling at a sunny 30\u00b0C throughout the day and cooling to 19\u00b0C at night, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends. We hope this finds you well and that your air filters are earning their keep today. We come with glad tidings of two new industrial zone factories breaking operational ground in Ain Sokhna, alongside details on Trump\u2019s Mideast tour, and Google\u2019s rough week. THE BIG STORY TODAY Two factories worth a combined [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":665187,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7213],"tags":[633,7196,125,131,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-665186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-industry","tag-investment-watch","tag-manufacturing","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"d5c9c68a-2887-46f7-abc5-3ee0e4ec305c","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/4\/2250.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[665184],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.0cb0c086-527b-49ac-83b0-46071bb7a5c9.mp3"},"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>Ain Sokhna industrial zone launches two factories worth combined USD 210 mn - 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\/2025\/05\/13\/ain-sokhna-industrial-zone-launches-two-factories-worth-combined-usd-210-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ain Sokhna industrial zone launches two factories worth combined USD 210 mn\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends. We hope this finds you well and that your air filters are earning their keep today. We come with glad tidings of two new industrial zone factories breaking operational ground in Ain Sokhna, alongside details on Trump\u2019s Mideast tour, and Google\u2019s rough week. THE BIG STORY TODAY Two factories worth a combined [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/13\/ain-sokhna-industrial-zone-launches-two-factories-worth-combined-usd-210-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-13T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2250.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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/13\/ain-sokhna-industrial-zone-launches-two-factories-worth-combined-usd-210-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/13\/ain-sokhna-industrial-zone-launches-two-factories-worth-combined-usd-210-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ain Sokhna industrial zone launches two factories worth combined USD 210 mn\",\"datePublished\":\"2025-05-13T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/13\/ain-sokhna-industrial-zone-launches-two-factories-worth-combined-usd-210-mn\/\"},\"wordCount\":457,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/13\/ain-sokhna-industrial-zone-launches-two-factories-worth-combined-usd-210-mn\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2250.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterprisePM\",\"industry\",\"investment watch\",\"Manufacturing\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/13\/ain-sokhna-industrial-zone-launches-two-factories-worth-combined-usd-210-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/13\/ain-sokhna-industrial-zone-launches-two-factories-worth-combined-usd-210-mn\/\",\"name\":\"Ain Sokhna industrial zone launches two factories worth combined USD 210 mn - 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We hope this finds you well and that your air filters are earning their keep today. We come with glad tidings of two new industrial zone factories breaking operational ground in Ain Sokhna, alongside details on Trump\u2019s Mideast tour, and Google\u2019s rough week. 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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 &quot;Investment Watch&quot;","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":637108,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/suez-canal-authority-signs-six-mous-for-projects-worth-a-combined-usd-40-mn-at-wyf\/","url_meta":{"origin":665186,"position":2},"title":"Suez Canal Authority signs six MoUs for projects worth a combined USD 40 mn at WYF","author":"enterpriseam admin","date":"8 November 2017","format":false,"excerpt":"INVESTMENT WATCH- The Suez Canal Authority signed six MoUs for projects worth a combined USD 40 bn at the World Economic Youth Forum yesterday, Youm7 reports. 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