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Updates on data centers, investments, shipping, supply chains, and aviation from UAE, Egypt, Saudi Arabia, and Qatar
Stories on our radar this morning from around the region
CWA Textiles to develop an EGP 970 mn textile factory in the Sokhna Industrial Zone
The project aims to generate at least USD 10 mn in export revenues
Korea’s Kexim backs Nakilat to acquire 25 conventional LNG vessels
Nakilat will wholly own and operate the ships
Three new Chinese textile projects are coming to Qantara with USD 65.5 mn in investments
Most of the new factories’ output will be slated for export
A slew of agreements inked at the Saudi-Syrian Investment Forum
Some SAR 24 bn worth of agreements, including in aviation, trade, and information technology
Egypt’s Qantara West to host three new Chinese textile and garment factories worth USD 52.6 mn
The new projects will witness a total investment of USD 52.6 mn
Egypt approves USD 216 mn in new manufacturing projects to boost exports
The government plans to scale up industrial investment in the governorates of Beni Suef, Minya, and Fayoum
SCZone kicks off China roadshow to reel in USD investment inflows
The SCZone’s delegation, led by head Walid Gamal El Din, held meetings in Shenzhen
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