Latest news with #10thofRamadanCity
Zawya
11-07-2025
- Business
- Zawya
Elsewedy Industrial Development, Turkish Boni to establish $100mln integrated textile factory in Egypt
Arab Finance: Elsewedy Industrial Development, a subsidiary of Elsewedy Electric, has signed an agreement with Turkish textile giant Boni to establish a $100 million integrated textile factory in 10th of Ramadan City, as per a statement. The project will be developed within the Industria 10th industrial zone and span 120,000 square meters, becoming a private free zone aimed at enhancing Egypt's role as a regional textile hub. Supported by the Egyptian Commercial Representation Office in Istanbul and the General Authority for Investment and Free Zones (GAFI), the deal is seen as a step forward in attracting foreign direct investment into Egypt's textile sector, a key contributor to exports and job creation. Operations at the new facility are expected to begin by the end of 2026 and create around 2,500 direct and indirect jobs. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
18-06-2025
- General
- Zawya
Egypt advances integrated waste management city in 10th of Ramadan with World Bank support
Egypt's Minister of Environment, Yasmine Fouad, and Minister of Local Development, Manal Awad, convened a joint meeting to review the progress of Egypt's first fully integrated waste management city, currently under construction in 10th of Ramadan City. The project is a key component of the World Bank-financed 'Cairo Greater Air Pollution and Climate Change Management Project.' The meeting, held at the Ministry of Environment headquarters in the New Administrative Capital, brought together senior officials from relevant ministries, World Bank representatives, and technical teams from the Ministries of Housing and Urban Communities. Fouad described the project as a 'model city' designed to handle all types of solid waste generated in the East Nile region, including Cairo, Qalyubeya, and surrounding new urban communities. She noted that the site is expected to serve as a strategic environmental facility for the next 30 years and is being developed in accordance with international best practices and governance standards. She added that over 65% of the project has been completed to date, with infrastructure construction—carried out by a private-sector contractor—reaching 80%. Once complete, the facility will be managed by the private sector. Minister Awad underscored the project's national and regional significance, calling it 'the first of its kind in Egypt and the Middle East.' She commended the World Bank for its financial and technical support and emphasised the importance of maintaining construction timelines while ensuring strong private sector participation in waste treatment and landfill operations. Spanning 1,228 feddans, the site will include specialised zones for various types of waste: 212 feddans designated for municipal waste from Cairo, 106 feddans for Qalyubeya, and additional areas for medical, industrial, and construction waste. Supporting infrastructure includes internal roads, perimeter fencing, and utilities such as water, electricity, and telecommunications networks. The project forms part of Egypt's broader strategy to reduce greenhouse gas emissions, enhance air quality across the Greater Cairo Region, and advance the objectives of the country's 'Egypt Vision 2030' sustainable development agenda. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
Zawya
28-05-2025
- Business
- Zawya
Swedish ambassador visits ABB's manufacturing factories, commends local contributions, excellence
Ismail: We are proud of what these factories represent, a fully functional operation that delivers real value to Egypt's infrastructure and energy sectors. Kassem: Through our ABB factories in 10th of Ramadan City, we succeeded in enhancing and supporting local manufacturing. Cairo, Egypt – In a landmark move, the Swedish Ambassador to Egypt, Dag Juhlin-Dannfelt, visited ABB's factories in 10th of Ramadan City to celebrate ABB's 100 years of operations in Egypt. The visit showcased how ABB plays a powerful role in supporting local industry, driving sustainable practices, and building on the enduring Swedish-Egyptian partnership. The ambassador walked through the factories production lines and met with the team, observing the dedication and professionalism that define ABB's operations in Egypt. With Egyptian components making up as much as 79% of the factories' products, ABB boosts local manufacturing and commitment to creating meaningful opportunities for skilled Egyptian workers. This level of local integration underscores ABB's commitment to supporting national industry and building long-term capabilities within the country. The visit highlighted the strength of Swedish-Egyptian industrial cooperation, with the ambassador seeing clear parallels between the factories' operations and those in Sweden. Throughout the tour, Dannfelt noted the factories energy and meticulous attention to detail. The layout, workflow, and commitment of the staff mirrored Swedish industrial standards, reflecting ABB's successful integration of Swedish values into its Egyptian operations. The visit underscored the deepening ties between the two countries. The ambassador recognized the factories as a strong symbol of the growing bilateral collaboration in technology and manufacturing. During the tour, Ahmed Hammad, Chairman of ABB Egypt, welcomed the Swedish ambassador. After walking through the factories and discussing ABB's history and ongoing projects, Hammad shared his reflections on the occasion. 'ABB's century-long presence in Egypt is more than just a milestone—it's a story of growth, trust, and partnership,' Hammad said. 'We've built a legacy grounded in local talent, international standards, and shared values. 'We continue to invest in Egypt's future with the same energy and purpose that brought us here 100 years ago.' 'The visit by the Swedish Ambassador affirms the strength of our bilateral ties and highlights the value of long-term collaboration between Egypt and Sweden,' Hammad added. 'At ABB, we see this as a moment to reaffirm our role as a reliable contributor to Egypt's development and a bridge between two industrial traditions.' Sherif Ismail, Vice President-Commercial Director for ABB Egypt & Central Africa, also joined the ambassador during the visit. Reflecting on the significance of the day, he shared, 'This visit is more than a ceremonial moment—it shows the confidence our international partners have in what we've built here. The factories reflect years of hard work by a talented Egyptian team and a strong commitment to quality that mirrors ABB's global standards,' Ismail added. 'We are proud of what the factories represent, a fully functional operation that delivers real value to Egypt's infrastructure and energy sectors. It is a clear example of how local industry, backed by global experience, can deliver sustainable impact,' Ismail stated. Also, Eng. Abdallah M. Kassem, ABB Factories Manager, accompanied the ambassador throughout the factories tour, offering a detailed explanation of the site's operations and strategic importance. His insights provided the ambassador with an in-depth view of the factories' contribution to Egypt's industrial landscape. 'We are honored by the Ambassador's visit, which comes as part of the celebration of ABB's 100th anniversary in Egypt. During this time, we have succeeded in enhancing and supporting local manufacturing through the ABB factories in 10th of Ramadan City. 'We were able to obtain the Egyptian Local Component Certificate, thanks to achieving a 79% local component ratio in all electrical distribution products produced at ABB's factories in 10th of Ramadan City,' Kassem said. Since its launch in Egypt, ABB has become a powerful foundation in Egypt's infrastructure, utilities, and transportation sectors. The company continues to manufacture vital components locally, supporting Egypt's development with dependable, high-quality solutions. Also, the visit reflected ABB's alignment with Egypt's Vision 2030. The factories operate on a strong, center-based production as an example of a responsible, sustainable industry. ABB continues to work closely with the Egyptian state, contributing to national projects and providing efficient, locally made solutions that serve people and communities across the country. As ABB celebrates 100 years in Egypt, the company still focuses on growing the local industry. This ensures that investment windows are created for Egyptian talent and deepens the company's contribution to Egypt's future—all while honoring the values of its Swedish origins.
Middle East
15-03-2025
- Business
- Middle East
OPEN// PM inspects developmental projects in 10th of Ramadan City
10TH OF RAMADAN, March 15 (MENA) – Prime Minister Moustafa Madbouli asserted that the government prioritizes improving the living standards of the citizens and sets future plans to continue working on improving living conditions and providing basic services at highest quality. This came on Saturday during Madbouli's tour of the 10th of Ramadan City to inspect a number of developmental, service and housing projects. He starts his tour by inaugurating the renovation works in Kandil Steel factory. He is accompanied by Deputy Prime Minister for Industrial Development Minister of Industry and Transport Kamel el Wazir, Minister of Housing, Utilities and Urban Communties Sherif el Sherbini and Minister of Investment and Foreign Trade Hassan el Khatib. Madbouli said that his tour comes within the framework of continuing a series of inspection tours of a number of industrial, developmental and housing projects that serve the citizens in the different areas in Egypt. The state exerts every effort to push forward the industrial sector, he said, asserting the importance of this sector to promote economic growth via providing real promising opportunities to expand industrial zones. Madbouli said that the state pays a greater attention to the private sector and works on providing suitable work atmosphere to boost its ability to grow, develop and increase its investments. The government is working on taking more measures to improve the role of the private sector in the national economy, he said. (MENA) M H K/Y R E
