Al Qalaa–Red Flag Group

Activity by year

20252026

Investment

Oct 30, 2025INVESTMENTSokhna Industrial Zone, Egypt$3.50B
Kemet Industries and Al Qalaa–Red Flag Group sign $3.5B deal for three factories in Sokhna
Kemet Industries Group and Al Qalaa–Red Flag Group signed a strategic cooperation agreement to develop three industrial projects in the Sokhna Industrial Zone with a total investment of approximately $3.5 billion. The projects include a seamless steel pipe factory (250,000 tons/year), a vehicle tyre factory (12-15 million tyres/year), and a fiber optic cable facility.
Kemet Industries Group partner Al Qalaa–Red Flag Group partner #Steel and Metal Products #Automotive Components #Specialty Chemicals steelradar.com

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Al Qalaa–Red Flag Group: plants, expansions, contracts and acquisitions · Endata