6 days ago
- Business
- See - Sada Elbalad
Turkey's Hayat Kimya Launches $44M Hygiene Product Factory in Egypt's Suez Zone
By Ahmad El-Assasy
Turkish multinational Hayat Kimya has laid the foundation stone for a new hygiene product factory in Ain Sokhna, located within the Suez Canal Economic Zone. The project represents a $44 million investment and is expected to create 400 direct jobs.
The factory will produce a range of hygiene products, with 75% of its output designated for export to African markets, and the remaining 25% allocated for the Egyptian domestic market.
Officials praised the collaborative support from local authorities, with special thanks extended to the Governor of Suez and the Chairman of the General Authority of the Suez Canal Economic Zone for their roles in facilitating the project and participating in the groundbreaking ceremony.
The company's Egypt General Manager, Şenol Keserlioğlu, along with the factory leadership, engineers, and workers, were congratulated for their hard work and commitment to expanding Hayat Kimya's presence in the region.
This investment is part of Hayat Kimya's broader strategy to strengthen its industrial footprint in Africa and the Middle East, while contributing to local employment and export-led growth in Egypt.
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
Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters
News
China Launches Largest Ever Aircraft Carrier
Sports
Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer
Videos & Features
Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall
Lifestyle
Get to Know 2025 Eid Al Adha Prayer Times in Egypt
Business
Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War
News
"Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence"
News
Flights suspended at Port Sudan Airport after Drone Attacks
Arts & Culture
Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language
Videos & Features
Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream