Latest news with #AlaMas'ouliyati
See - Sada Elbalad
13 hours ago
- Business
- See - Sada Elbalad
Abou El-Enein: Egypt Is China's Most Important Strategic Partner
Nada Mustafa Prominent Businessman Mohamed Abou El-Enein, Parliament Deputy Speaker emphasized that Egypt is offering substantial incentives to global investors and multinational companies, highlighting the importance of empowering youth and preparing them for the digital transformation era. His remarks came during a press conference held on the sidelines of the Sixth QINGDAO Multinationals Summit in China. The event was featured by media host Ahmed Moussa on his show Ala Mas'ouliyati (On My Responsibility), broadcast on 'Sada El-Balad' TV channel. Abou El-Enein noted that China is delivering massive projects across the African continent and in Egypt, describing the bilateral relations between the two nations as strong and cordial. Moreover, he highlighted key milestones in the Egypt-China partnership, including the establishment of a Chinese university in Egypt and large-scale infrastructure and supply chain projects. Abou El-Enein also praised China's meticulous planning and execution of projects, calling it 'an ancient civilization embracing Egypt's own rich historical legacy.' The Egyptian lawmaker stressed that Egypt is China's most important partner, providing a strategic gateway for Chinese investors to expand operations and localize industries within the country. "We have advanced engineering industries and a growing electric vehicle manufacturing sector,' he added. Furthermore, Abou El-Enein concluded by emphasizing that Egypt's political leadership is focused on attracting investment and offering unique advantages to international companies operating within the country. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
See - Sada Elbalad
14 hours ago
- Business
- See - Sada Elbalad
Abou El-Enein: Middle East is True Hub for Investment
Nada Mustafa Prominent Businessman Mohamed Abou El-Enein, Parliament Deputy Speaker stated that the Middle East is the true hub for investment and serves as a vast and dynamic market. 'We are witnessing mega projects with pride, and now is the time to maximize added value,' he said. His remarks came during a press conference held on the sidelines of the Sixth QINGDAO Multinationals Summit in China. The event was featured by media host Ahmed Moussa on his show Ala Mas'ouliyati (On My Responsibility), broadcast on 'Sada El-Balad' TV channel. Abou El-Enein highlighted that China respects all principles and focuses on achieving development and economic growth without political motives. 'China possesses remarkable capabilities and strengths,' he added. Moreover, he stressed that China's capacities are vast across various sectors, noting that Egypt boasts new industrial cities and an increasing number of investors engaged in diverse projects. Abou El-Enein further noted that Egypt offers customs and tax exemptions in designated investment zones. 'An investor can reach Europe in just one hour, and travel to Saudi Arabia in less than 60 minutes,' he added, underlining Egypt's strategic geographical location and its appeal as a gateway for global investment. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
