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Daily News Egypt
25-05-2025
- Business
- Daily News Egypt
Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool
Palm Hills Developments has officially launched the inaugural Palm Hills Squash Open tournament, taking place from May 22 to 27, featuring 48 top-ranked international male and female players from 13 countries and a total prize pool of $250,000. The event is sponsored by Cairo 3A Group and organized by ievents. During a press conference, Palm Hills emphasized that the tournament reflects its strategic commitment to supporting Egypt's sports sector, with a long-term vision of preparing Egyptian athletes to qualify for the 2028 Los Angeles Olympics. Yasseen Mansour, Chairperson and CEO of Palm Hills, stated: 'This tournament marks a step forward in positioning Egypt as a regional sports hub and highlights the important role of sports in community development. It also strengthens the Palm Hills Sports Club as a world-class platform that empowers future champions across all disciplines.' Amr Mansi, CEO of ievents, expressed his enthusiasm about hosting the tournament, noting that it aims to showcase Egypt's excellence in organizing global sporting events and reinforcing its leadership in squash. Ayman El-Gamil, Chairperson of Cairo 3A Group, said that the company's sponsorship reflects its belief in sports as a vital tool for youth empowerment and a reaffirmation of Egypt's global standing in squash. The tournament is part of a broader initiative by Palm Hills Sports Club to support the growth of Egyptian squash and demonstrate the country's capabilities in hosting high-profile international events, contributing to both sports development and tourism. Palm Hills has ensured full readiness for the tournament by equipping three squash courts within the Palm Hills Sports Club, in addition to a main championship court located at Palm Hills October with a seating capacity of 850 spectators. The venue also includes advanced medical and training facilities to provide athletes with a professional and supportive environment.
Economic Key
14-04-2025
- Business
- Economic Key
Cairo 3A First to Export Soy Pro to GCC Markets
Cairo 3A Group including the National Company for Corn Products, Egyptian Starch and Glucose Manufacturing Company, and Al Ahram Poultry – has achieved a significant milestone by penetrating GCC markets through the export of its high-energy soybean meal product, Soy Pro. This marks Egypt's first-ever export of this product, which has now been officially registered in the Gulf region in accordance with Cairo 3A's stringent quality and technical standards. Mr. Alaa El-Gamil, Vice President of Industrial Affairs at Cairo 3A Group, expressed his pride in the achievement, 'We are proud of the success of our animal nutrition sector in launching Soy Pro, a premium-quality soybean meal product, and exporting it to one of the largest integrated entities in the Gulf. We've delivered competitive pricing while meeting market demands, and the product has now been officially registered in Saudi Arabia according to our own technical specifications and standards.' El-Gamil noted that Soy Pro was exported to one of the region's largest multinational companies and that the group plans to expand into more international markets following the product's strong performance in Egypt. This move aligns with the group's strategy to double its exports, contribute to national GDP growth, and support the influx of foreign currency into the country. He also highlighted that Cairo 3A currently exports its products to over 60 countries across North Africa and the GCC, with further export expansion planned in the coming period. Dr. Mohamed Azzam, Cairo 3A's CCO of Animal Nutrition, explained that Soy Pro is a high-quality, high-fat soybean meal containing a minimum of 42% protein and delivering a substantial energy value of 3,265 kcal per serving. It is manufactured using a dry extrusion process that ensures maximum availability of amino acids and protein, delivering exceptional performance in animal feed. He added that Soy Pro features low moisture and antioxidant content (including lecithin and tocopherol), making it easier to handle and reducing storage loss. The product also contains over 58% bypass protein, providing ideal nutritional value for high-producing dairy cows without any adverse dietary effects. All of this is accomplished at the region's largest facility of its kind, operated by some of Egypt's most skilled professionals. تم نسخ الرابط
