11:46
cairo, gmt + 2
28 April
Sunday, 2024
Sun, 28 Apr 2024 - 09:11 GMT
A key aspect of this project is its potential for job creation, with plans to employ 200 individuals.
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The figures showed that the after Egyptian engineering exports recorded levels that are the highest in the history of Egyptian engineering exports.
The plan is that all phases of the manufacturing process would be carried out.
Furthermore, the Cabinet has also approved Prime Minister, Mostafa Madbouly's draft decision to create an investment zone in Ras El Hekma.
Egypt set a target to increase crude oil production by about 9 percent during FY2024/2025, to reach 637 thousand barrels per day up from 580 thousand barrels currently
In a related context, the occupancy rate during the first three months of 2024 was 54,78 percent growing by eight percent.
Minister Al-Mashat emphasized the urgent need to address this imbalance and stressed the importance of fostering partnerships between multilateral development banks to rectify the situation
The meeting comes to discuss means of joint cooperation in the field of building ships and the different maritime units.
The project entails the construction of a sodium cyanide factory in Egypt, primarily focusing on meeting local demand and exporting 80% of the production to markets in the Nile Basin, the Middle East, and Africa
This came during the meeting with Prime Minister, Mostafa Madbouly to follow up on the company’s recent developments.
Highlighting the exceptional quality and esteemed reputation of Egyptian gold artifacts, Naylor stressed on increasing collaborative efforts aimed at bolstering the Egyptian market and exchanging expertise to enhance its standing
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