Egypt Economy

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Egypt laid the foundation stone on Monday for a $210 million solar energy manufacturing complex in the Suez Canal Economic Zone, involving partners from China, the UAE, Bahrain, and Egypt with a targeted annual capacity of 2 gigawatts. The Atum Solar project, located in the TEDA industrial zone, aims to manufacture 2 GW of solar cells and 2 GW of solar modules annually.

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Intelli-Pro, an engineering firm specializing in fire-fighting and protection systems, announced plans to execute projects worth around EGP 100 million in 2026 as part of its expansion strategy. These projects will span three key sectors: educational institutions, government entities, and service, investment, and industrial initiatives. The growth stems from rising demand for fire protection systems and heightened investor awareness of occupational safety and risk management.

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