OPEN// PM kicks off tour of 10th of Ramadan City with visit to Kandil Steel Factory
CAIRO, March 15 (MENA) – Prime Minister Moustafa Madbouli has started his tour in 10th of Ramadan City, where he visited Kandil Steel Factory.
The premier was accompanied by Deputy Prime Minister for Industrial Development Industry and Transport Minister Kamel el Wazir, Housing, Utilities and Urban Communities Minister Sherif el Sherbini, Investment and Foreign Trade Minister Hassan el Khatib and a host of respective officials. They were received by Board Chairman of Kandil Steel Amr Kandil.
Kandil briefed the premier and the ministers about the factory's current activities and future plans to meet the needs of local markets.
Ahmed Mokhtar, CEO of the factory's strategic projects department, said the factory has adopted development plans in 2021 to increase production capacity from 600,000 tons to 900,000 tons a year, while its investments hit some $25 million.
Kandil Steel is the leading galvanized steel supplier in Egypt. With a yearly 650,000 tons output of its total products, the group has operated worldwide with 1,500 employees, where premium products of CRC, GIC, PPGI, Blue steel and KTOC are manufactured every day, serving more than 271 customers. (MENA)
K F E/Y R E
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Middle East
3 hours ago
- Middle East
OPEN// Egypt, Cyprus explore ways to strengthen ties
CAIRO, June 7 (MENA) – Minister of Foreign Affairs, Emigration and Expatriates Badr Abdelatty received a phone call from his Cypriot counterpart Constantinos Kombos on Saturday. The call is part of periodic communication between both sides to discuss ways to cement bilateral ties and review visions on regional developments. Abdelatty praised the historical bonds between Egypt and Cyprus, voicing keenness to boost relations in different domains, particularly economic, investment and trade ones. He lauded Cyprus's backing for Egypt at European Union-affiliated bodies, particularly on the EU-offered financial support package for Egypt. Both ministers reviewed visions on a number of international and regional issues of mutual interest and agreed on maintaining coordination to defuse regional tension and support security and stability in the region. Abdelatty also highlighted Egypt's efforts on ceasing fire in the Gaza Strip and guaranteeing the delivery of humanitarian aid into the war-ravaged Palestinian enclave. (MENA) K F E/R E E
Middle East
3 hours ago
- Middle East
OPEN// Sisi greets Egyptian people, Arab, Islamic nations on Eid al-Adha
CAIRO, June 6 (MENA) - President Abdel Fattah El Sisi greeted on Friday the Egyptian people and the Arab and Islamic nations on the occasion of Eid al-Adha. In a post on his official Facebook page, President El Sisi said: "I extend my sincerest greetings and best wishes to the great people of Egypt and to the Arab and Islamic nations on the occasion of the blessed Eid al-Adha. I pray to Almighty God to return the Eid to us with goodness, blessings, and prosperity, and to protect our beloved homeland, Egypt, and always grant it progress, prosperity, security, and stability. Wishing you all a happy Eid." (MENA) M O H/
Middle East
a day ago
- Middle East
OPEN//First Lady greets Egyptians, Arab, Islamic nations on Eid Al-Adha
CAIRO, June 6 (MENA) - First Lady Intisar El Sisi greeted on Friday the Egyptian people and Arab and Islamic nations on Eid Al-Adha. "On these blessed days, it gives me pleasure to extend my heartfelt greetings to our honorable people, as well as to the Arab and Islamic nations, on the occasion of Eid Al-Adha. I pray to Allah the Almighty to return this blessed occasion to us all with good health and tranquility, and to bring hope and prosperity to every home" she tweeted on her social media accounts. "May Allah the Almighty accept our righteous deeds and fill your days with joy, granting you peace and security in all your celebrations", she added. (MENA) M O H
