In 2025, SCZONE broke ground on the $210 million ATUM Solar complex in Sokhna, backed by China’s JA Solar, Egypt’s AH, the UAE’s Global South Utilities, and Bahrain’s Infinity Capital, with 2 GW each of solar cell and panel capacity and 1 GWh of energy storage. By January 2026, a 100-MW green-hydrogen project in SCZONE’s Sokhna Industrial Zone had begun partial production. In August 2026, SCZONE also broke ground on a $50 million Sungrow energy-storage systems factory in the Sokhna Industrial Zone, expected to reach 10 GWh of annual output. Shaikhon assumed his role following a presidential decree in August 2026.