Latest news with #TEDASuezEconomicandTradeCooperationZone
Egypt Today
22-04-2025
- Business
- Egypt Today
Chinese amb. in Cairo: TEDA cooperation zone with Egypt achieves breakthrough
Chinese Ambassador to Egypt Liao Liqiang - file CAIRO - 22 April 2025: Chinese Ambassador to Egypt Liao Liqiang announced that China-Egypt TEDA Suez Economic and Trade Cooperation Zone (TEDA) has recently achieved significant momentum on the financial level as first loan in renminbi worth 220 million yuan has been successfully disbursed to bank roll expansion work of second phase of the zone. The Japanese ambassador said in a tweet on X Tuesday: China-Egypt TEDA Suez Economic and Trade Cooperation Zone has succeeded in attracting 185 companies, with total investments exceeding dlrs 3 billion and sales value exceeding dlrs 5.3 billion, while tax payments amounted to about dlrs 300 million and provided nearly 10,000 direct job opportunities. Liao added the area is currently an exemplary leading model of successful industrial cooperation between Egypt and China.
See - Sada Elbalad
22-04-2025
- Business
- See - Sada Elbalad
Chinese Amb.: TEDA Advances Industrial Co-op with Egypt
Nada Mustafa Chinese Ambassador to Cairo, Liao Liqiang, announced that China-Egypt TEDA Suez Economic and Trade Cooperation Zone has recently achieved a major financial breakthrough with the successful disbursement of its first loan in renminbi, valued at 220 million yuan. The loan will finance the expansion of the zone's second phase. In a post on X (formerly Twitter) today, the ambassador highlighted the zone's impressive performance, noting that it has successfully attracted 185 companies with total investments exceeding $3 billion. The zone has recorded sales of more than $5.3 billion, paid around $300 million in taxes, and generated nearly 10,000 direct job opportunities. Ambassador Liao affirmed that the TEDA Suez zone has now become a leading model for successful industrial cooperation between Egypt and China. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. Reem Ganzoury Wins Miss Arab Africa Title (VIDEO) Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple
