{"id":670797,"date":"2025-08-26T00:00:00","date_gmt":"2025-08-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/26\/egyptian-turkish-consortium-to-set-up-two-customs-bonded-yards\/"},"modified":"2025-08-26T00:00:00","modified_gmt":"2025-08-26T00:00:00","slug":"egyptian-turkish-consortium-to-set-up-two-customs-bonded-yards","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/26\/egyptian-turkish-consortium-to-set-up-two-customs-bonded-yards\/","title":{"rendered":"Egyptian-Turkish consortium to set up two customs bonded yards"},"content":{"rendered":"

\n

LOGISTICS-<\/p>\n

The Suez Canal Economic Zone inked agreements for a new logistics project with an Egyptian-Turkish <\/strong>consortium<\/strong> that included the state-owned Arab Organization for Industrialization, United Egy Group Shipping, as well as Turkish firms Sigma Logistics and Containers, and Logi Trade Company, according to a statement<\/a> from the authority.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The new project will be known as Sigma Egypt<\/strong> and will be developed with investments of USD 4.2 mn. The project will develop two separate customs bonded yards for container storage, handling, and repair in West Qantara and Ain Sokhna. The two 50k sqm yards will be fully self-financed and create 100 direct jobs.<\/p>\n

\n

CAPITAL MARKETS-<\/p>\n

Two new players to the local PE scene?<\/strong> A consortium of Gulf investors and international banks plans to launch two green economy-focused private equity funds in Egypt with investments of up to USD 150 mn, Al Borsa<\/a> reports. The first USD 50 mn fund will focus on export-bound agriculture and textile manufacturing, desalination, and agriculture waste recycling. It is expected to launch early next year. As for the second fund, it targets USD 100 mn in investments and will focus on solar power plants. It is set to launch by 2027.<\/p>\n

\n

STARTUP WATCH-<\/p>\n

Property developer Redcon Properties partnered with the <\/strong>Cairo<\/a><\/strong>chapter<\/a><\/strong>of the Entrepreneurs\u2019 Organization<\/a><\/strong> (EO) to roll out the EO Accelerator Program in Egypt<\/strong>, according to a statement<\/a>(pdf)<\/a>. The program targets growth-stage startups and SMEs with annual revenues between USD 300k and USD 1 mn, offering support to help them scale up sustainably.<\/p>\n

What they said:<\/strong> \u201cWe are thrilled to announce the launch of EO Cairo Accelerator, where we bring together the power of the global EO and the transformative Accelerator Program to empower Egypt\u2019s vibrant entrepreneurial ecosystem,\u201d said EO Cairo President Ahmed Samy.<\/p>\n

\n

EDUCATION-<\/p>\n

CIRA Education and Al Ahly Capital Holding\u2019s Saxony Egypt University <\/strong>will <\/strong>prepare Egyptian graduates for the German labor market<\/strong> under a cooperation agreement inked with the cabinet\u2019s Education Development Fund, the fund said in a statement<\/a>. The program will offer advanced training, German language qualifications, and internationally-recognized accreditations, with the fund managing logistics and funding support.<\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS- A new accelerator program enters the scene<\/p>\n","protected":false},"author":1,"featured_media":670798,"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":[7209],"tags":[111,1291,73,72,2042,145,7445,287,123,416,218,3499],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-670797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-arab-organization-for-industrialization","tag-education","tag-enterpriseam","tag-higher-education-ministry","tag-logistics","tag-redcon-properties","tag-smes","tag-startups","tag-suez-canal-economic-zone","tag-turkey","tag-vocational-education","wpautop","entry"],"acf":{"mongo_id":"0f79d764-9c2f-43f7-a15f-1f62f689e811","order":"10","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/8\/1539.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian-Turkish consortium to set up two customs bonded yards","related_issue":[670781],"teaser":"PLUS- A new accelerator program enters the scene","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.76c229e9-d7ce-4d7f-9900-493dd0e107e3.mp3"},"yoast_head":"\nEgyptian-Turkish consortium to set up two customs bonded yards - 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It\u2019s another calm day on the homefront, with a mixed bag of stories dominating global headlines. THE BIG STORY TODAY- In an unusually quiet day for local business news, an agreement for a pair of two new Suez Canal Economic Zone logistics is one of the few\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/8\/1513.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":615633,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/21\/beltone-holding-enter-collaboration-agreement-with-bank-of-africa-group-plus-arab-organization-for-industrialization-turkish-egyptian-hospital-in-the-new-capital\/","url_meta":{"origin":670797,"position":1},"title":"Beltone Holding enter collaboration agreement with Bank of Africa Group. 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PLUS: Egypt-Sudan logistics zone, GB Auto + Changan, Paragon Developments, Norpetco","author":"enterpriseam admin","date":"24 June 2025","format":false,"excerpt":"The factory will create 500 direct jobs and roll out 18 mn tons of raw materials for the textile industry per year","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1373.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573731,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/16\/benya-signs-final-agreement-with-aoi-for-egp-1-bn-fiber-optics-factory\/","url_meta":{"origin":670797,"position":4},"title":"Benya signs final agreement with AOI for EGP 1 bn fiber optics factory","author":"enterpriseam admin","date":"16 August 2020","format":false,"excerpt":"ICT infrastructure contractor Benya Capital has signed a final contract with the Arab Organization for Industrialization (AOI) to build a EGP 1 bn fiber optic cable factory in the Suez Canal Economic Zone, Al Shorouk reports. Benya and the AOI had signed a preliminary agreement for the factory back in\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577308,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/17\/east-port-said-port-is-getting-even-bigger-thanks-to-sky-investments-reliance-logistics\/","url_meta":{"origin":670797,"position":5},"title":"East Port Said port is getting even bigger thanks to Sky Investments + Reliance Logistics","author":"enterpriseam admin","date":"17 November 2022","format":false,"excerpt":"A consortium of our friends at Sky Investments alongside Reliance Logistics will establish a USD 65 mn multi-purpose terminal at East Port Said port under a contract signed with the Suez Canal Economic Zone yesterday. The companies will be responsible for the \u201cdesign, construction, management, operation and maintenance\u201d of the\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/276.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\/670797","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=670797"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/670797\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/670781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/670798"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=670797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=670797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=670797"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=670797"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=670797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}