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Madbouly Unveils $6.5bn Sokhna Industrial Drive

The Middle East Observer [Unofficial] April 29, 2026
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SOKHNA — Egypt has accelerated its industrial expansion with investments reaching $6.5 billion in the Suez Canal Economic Zone (SCZONE), as Prime Minister Moustafa Madbouly inaugurated nine new projects in Sokhna, including a strategic pharmaceutical expansion aimed at boosting local production and exports. The newly launched projects span a range of industrial sectors, many targeting […]

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