Badawi Reviews Progress on Red Sea Petrochemicals Complex

• Tuesday, 12th August 2025
• by Doaa Ashraf

Karim Badawi, Minister of Petroleum and Mineral Resources, held a meeting with leaders of petroleum companies to follow up on the progress of the Red Sea National Petrochemicals Complex project. Set to be built in the...

Egyptian-Chinese JV Established for First Phase of Red Sea Petrochemicals Complex in Ain Sokhna

• Sunday, 20th April 2025
• by Doaa Ashraf

An Egyptian-Chinese joint venture (JV) signed a package of contracts to execute the preliminary designs for the first phase of the Red Sea Petrochemicals Complex project at Ain Sokhna. The agreement was signed between...

El Sisi Renews Appointment of SCZone’s Chairman

• Wednesday, 16th August 2023
• by Fatma Ahmed

Egyptian President Abdel Fattah El Sisi has issued a decision to renew the appointment of Waleid Gamal El-Dein as the Chairman of the Suez Canal Economic Zone (SCZone) for one year as of 12 August 2023. Gamal El-Dein ...

EBRD Works with EU to Support Green Hydrogen in Egypt: Harmgart

• Sunday, 14th May 2023
• by Sarah Samir

The European Bank for Reconstruction and Development (EBRD) is working closely with the European Union (EU) to support green hydrogen projects in the Suez Canal Economic Zone, as work is underway to launch a green hyd...

Egypt, Masdar, Hassan Allam Utilities Sign Green Hydrogen MoUs

• Tuesday, 26th April 2022
• by Sarah Samir

Prime Minister Mostafa Madbouly has witnessed the signing ceremony of two new memoranda of understanding (MoUs) to cooperate in the development of green hydrogen production plants in Egypt, with the participation of t...

Anchorage Investments to Develop a $2.5 B Petrochemicals Project in Suez Canal

• Monday, 4th October 2021
• by Fatma Ahmed

Anchorage Investments plans to develop a massive $2.5 billion petrochemicals project in the Suez Canal Economic Zone, the company said in a statement. The petrochemicals project is set to be an industrial complex that...

New Petrochemical Projects with Investments of $19 B

• Sunday, 31st May 2020
• by Editorial Team

Petrochemical Industry to expand with 11 new projects with total investments estimated of $19 billion, including two giant refining and petrochemical complexes at the Suez Canal economic zone, according to a press rel...

Government Signs Contracts for $10.9B Petrochemical Complex

• Monday, 2nd July 2018
• by Editorial Team

The Egyptian cabinet signed contracts on June 30 with the Cairo-based Carbon Holdings to build a $10.9 billion petrochemical complex, the cabinet announced. The Tahrir Petrochemical complex will extend over a 5 millio...

Construction on $10.6B Petrochemicals Project to Begin by June

• Sunday, 27th August 2017
• by Sarah Samir

Egypt’s Carbon Holdings Company plans to begin construction on its Tahrir petrochemicals project by June 2018, the company’s CEO, Basil El Baz, told Reuters. With an investment cost of $10.6 billion, the Tahrir ...