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MRB Holding Partners with NEXT Developments to Manage, Lease, and Operate District 9 Project
MRB Holding Partners with NEXT Developments to Manage, Lease, and Operate District 9 Project

Economic Key

time04-05-2025

  • Business
  • Economic Key

MRB Holding Partners with NEXT Developments to Manage, Lease, and Operate District 9 Project

In a move that underscores its leadership in integrated real estate management and operations consultancy, MRB Holding has announced the signing of a strategic partnership agreement with NEXT Developments, under which MRB will assume full responsibility for the leasing, management, and operation of the District 9 commercial project in 6th of October City. This collaboration reflects MRB's vision to expand its investment portfolio and strengthen its presence in the Egyptian real estate market through partnerships with forward-thinking developers like NEXT Developments. MRB has been involved in the project since its early stages, conducting comprehensive market research that included consumer behavior analysis, competitor benchmarking, and precise target audience identification. These insights contributed to shaping the project's architectural design to align with market demands and customer expectations. MRB also developed the activity distribution strategy within the project to ensure a fully integrated retail and leisure experience that meets global standards. Eng. Mohamed Rashed, CEO of MRB Holding, emphasized the company's commitment to delivering innovative and intelligent operational models, stating: 'District 9 combines a strategic location with smart design, making it a model for our vision of creating modern, sustainable commercial destinations. We strive to craft integrated experiences that add value for both developers and end-users.' He added: 'At MRB, we are committed to forming strategic partnerships, and we are confident that District 9 will become a landmark among West Cairo's commercial projects. We have already commenced the leasing phase following the signing of the final agreement with NEXT Developments as our official project partner.' District 9 spans a total area of 91,519 square meters, divided into six main zones (A, B, C, D, E, F), and features modern paddle and squash courts. Strategically located just minutes away from the Giza Pyramids, the project benefits from direct access to surrounding residential communities, entertainment hubs, and transportation networks—making it an ideal destination for commercial activity. The project delivers a unique experience aligned with next-generation mall concepts. MRB has created an integrated environment that blends smart services, state-of-the-art facilities, and leisure areas to meet the needs of both visitors and brands. The signing of the final agreement with MRB marks the official launch of the leasing and operational phase, signaling the successful culmination of detailed feasibility studies that aligned the project's components with efficient operational requirements. تم نسخ الرابط

‘Around 8,000 of 11,720 candidates cleared exam held last month for 48 dentist posts'
‘Around 8,000 of 11,720 candidates cleared exam held last month for 48 dentist posts'

The Hindu

time03-05-2025

  • Health
  • The Hindu

‘Around 8,000 of 11,720 candidates cleared exam held last month for 48 dentist posts'

Giving an example to demonstrate the readiness among doctors to take up government jobs in Tamil Nadu, Health Minister Ma. Subramanian on Saturday said that 11,720 candidates wrote the Medical Services Recruitment Board exam held last month for 48 dentist posts. At the inauguration of 'Miracle '25', a national-level medical education conference for UG students organised by Madras Medical College, he said with nearly 8,000 candidates clearing the exam, recruiting 48 of them was a challenging task for the MRB. MRB had conducted an examination on April 24 for the posts of Assistant Surgeon (Dental). The Minister noted that recently, 24,000 candidates appeared for the MRB examination held to recruit 2,642 doctors. In the last four years, appointment orders were issued to 25,295 persons - doctors, nurses and allied health staff - through MRB. Noting that recruitments in the Health department were conducted in a transparent manner, Mr. Subramanian told the students participating in the conference that in the future, they can take up government jobs in the department keeping merit in mind with no need for recommendation or to approach anyone. In the last four years, transfer counselling was held in a transparent manner for 42,718 posts, he added. Health Secretary P. Senthilkumar, Mission Director of National Health Mission, Tamil Nadu, Arun Thamburaj and Additional Director of Medical Education E. Theranirajan were present.

Malaysia to continue rubber glove exports to US despite tariffs
Malaysia to continue rubber glove exports to US despite tariffs

New Straits Times

time28-04-2025

  • Business
  • New Straits Times

Malaysia to continue rubber glove exports to US despite tariffs

KUALA LUMPUR: Malaysia will continue exporting rubber gloves to the United States (US) despite the implementation of reciprocal tariffs on Malaysian imports. Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said Malaysia's exports of rubber and rubber-based products totalled RM37 billion last year, with the rubber glove sector accounting for about RM15 billion. "We will continue supply to the US, even with the tariff," he told reporters at the Malaysian Rubber Council (MRC) Silver Jubilee celebration here today. The minister also said efforts to diversify export markets for local glove products are ongoing. He added it is now mandatory that rubber gloves exported from Malaysia are made locally. "We have to make sure that all exports of rubber gloves are Malaysian products. That was what I told the Malaysian Rubber Board (MRB), we will make it mandatory," he said. Last Friday, the ministry, through the MRB, strengthened regulatory oversight of the rubber glove sector in response to evolving global trade dynamics. The ministry said that in line with the sector's significant contribution to the national economy, the MRB has implemented several strategic initiatives to tighten industry regulation and address current global trade challenges. These initiatives include tightening licensing requirements for the export of rubber gloves under the Malaysian Rubber Board (Licensing and Permit) Regulations 2014. Meanwhile, MRC chief executive officer Muhammad Eizaaz Muhammad Redzuan said the council would strengthen efforts in research and development, as well as certification initiatives, to ensure Malaysian rubber products remain competitive in pricing and quality. "We will also ensure that the local rubber products meet the global sustainability requirements," he said. He added that the council is also committed to providing more opportunities for small and medium enterprises, widening market access, and enhancing the use of new technology among industry players.

Malaysia bolsters regulatory oversight of rubber glove sector
Malaysia bolsters regulatory oversight of rubber glove sector

New Straits Times

time25-04-2025

  • Business
  • New Straits Times

Malaysia bolsters regulatory oversight of rubber glove sector

KUALA LUMPUR: The Plantation and Commodities Ministry, through the Malaysian Rubber Board (MRB), has strengthened regulatory oversight of the rubber glove sector in response to evolving global trade dynamics. The ministry said in line with the significant contribution of the rubber glove sector to the national economy, MRB implemented several strategic initiatives to strengthen regulatory oversight of the industry in addressing current global trade issues and challenges. One such initiative involves tightening licensing requirements for the export of rubber gloves under the Malaysian Rubber Board (Licensing and Permit) Regulations 2014. "With immediate effect, all LGM-licensed rubber glove exporting companies are only permitted to export rubber gloves sourced from local manufacturing facilities," it said. The measure is aimed at safeguarding product quality and ensuring the sustainability of Malaysia's rubber glove industry Additionally, it said this serves as a preventive step against the risk of Malaysia becoming a destination for trade diversion from other countries. "This follows global developments that have highlighted increasing uncertainties in the international trade landscape, including shifts in key global market policies that directly impact supply chains and the export market for rubber products. "Such conditions have the potential to lead to a rise in rubber glove imports, which could undermine the competitiveness of the domestic rubber industry," it said. Malaysia, recognised as one of the world's top producers and exporters of rubber and rubber-based products, recorded export values of RM33.7 billion in 2024. Of this, RM15.41 billion, or 45.8 per cent, came from the rubber glove segment alone. Meanwhile, the ministry said MRB is conducting joint operations with other enforcement agencies to enhance monitoring and enforcement within the rubber glove sector, in order to uphold the image and competitiveness of Malaysia's rubber industry. "The ministry and MRB will continue to closely monitor global trade developments and remain ready to implement proactive measures to protect the overall interests of the national rubber industry, including all rubber-based products. "In the near future, the ministry will also review long-term approaches that align with evolving geopolitical and global economic landscapes to ensure the resilience and marketability of Malaysia's rubber industry is sustained," it added.

Only locally produced rubber gloves allowed for export, says govt
Only locally produced rubber gloves allowed for export, says govt

The Star

time25-04-2025

  • Business
  • The Star

Only locally produced rubber gloves allowed for export, says govt

PUTRAJAYA: Malaysia has imposed an immediate restriction requiring all rubber glove exporters licensed by the Malaysian Rubber Board (MRB) to only export gloves produced by local manufacturers, the Plantation and Commodities Ministry announced on Friday (April 25). The ministry said the move was made to ensure product quality and the sustainability of Malaysia's rubber glove industry, while also preventing the country from becoming a trade diversion destination for products from other nations. "This step is taken in view of the global developments that reflect increasing uncertainty in the international trade landscape, including changes in policies among major world markets that directly impact the rubber supply chain and export market. "These circumstances may lead to a rise in rubber glove imports, which could affect the competitiveness of the domestic rubber industry,' the ministry said in a statement on Friday. The ministry said that Malaysia was among the world's top producers and exporters of rubber and rubber-based products, with exports totalling RM33.7bil in 2024, of which rubber gloves contributed RM15.41bil or 45.8 per cent. In view of the ongoing global trade challenges, the MRB has implemented several strategic initiatives to strengthen regulatory oversight of the industry, including tightening export licensing requirements for rubber gloves under the Malaysian Rubber Board (Licensing and Permit) Regulations 2014. Additionally, the MRB is also actively conducting joint operations with other enforcement agencies to enhance monitoring and enforcement in the rubber glove sector, in order to safeguard the image and competitiveness of the national rubber industry. "The ministry and the MRB will continue to closely monitor the global trade developments and are always ready to implement proactive measures to protect the overall interests of Malaysia's rubber industry, including all rubber products,' the ministry said. The ministry added that it is also looking into suitable approaches in response to shifts in the global geopolitical and economic landscape to ensure the resilience and marketability of Malaysia's rubber industry.- Bernama

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