Latest news with #Shimy
Daily News Egypt
03-08-2025
- Business
- Daily News Egypt
Egypt works to revive flax industry to boost local manufacturing
Egypt is working to revive its specialised industries, with a plan to restore the prominence of flax as a strategic, high-value raw material for the textile and manufacturing sectors, the country's public enterprise minister said. Speaking during a tour of the Tanta Flax and Oils Company, Minister of Public Enterprise Mohamed Shimy said there was a clear directive to integrate companies across the textile value chain to achieve sustainable growth based on the optimal use of local resources. Tanta Flax and Oils is a subsidiary of the state-owned Chemical Industries Holding Company. During his visit, Shimy reviewed the company's performance, production capacities, and future vision. He stressed the importance of advancing the flax industry as a cornerstone for integration with spinning and weaving companies and for supporting manufacturing industries, which would help increase local production and reduce the import bill. 'Egyptian flax is considered one of the finest types globally in terms of quality and purity, which provides a great opportunity to expand the local production and manufacturing of its derivatives, and to export it as a high-value product to global markets,' Shimy said. The minister toured the company's various flax, wood, twine, and oil factories, as well as its workshops and warehouses. He also met with workers on the production lines, affirming that they were the 'cornerstone of any real development process.' Shimy noted that Egypt's flax industry has deep historical roots, dating back to ancient Egyptian civilisation, and that Egypt was one of the first countries to cultivate flax and use it in textiles, medicine, and oils. He called for increasing the utilisation of production capacities, improving the work environment, and adhering to maintenance programmes to ensure sustainable and efficient performance. He also urged the company to enhance health and safety standards, study partnership opportunities with the private sector, and update its sales and marketing policies to open new local and international markets for its products.
Forbes
14-04-2025
- Sport
- Forbes
Rory McIlroy's Masters Triumph Shows The Power Of Staying In Your 'Bubble'
AUGUSTA, GEORGIA - APRIL 13: (L-R) Rory McIlroy of Northern Ireland is awarded the Green Jacket by ... More Masters Champion Scottie Scheffler after the final round of the 2025 Masters Tournament at Augusta National Golf Club on April 13, 2025 in Augusta, Georgia. (Photo by) After years of near-misses and heartbreak at Augusta, Rory McIlroy finally completed one of the rarest feats in professional golf: the career Grand Slam. With his Masters victory, he joins an elite club as only the sixth golfer in history to capture all four major championships. But what carried McIlroy across the finish line wasn't a secret weapon, a changed swing, or a new kind of club. It was something far simpler—what he called his 'little bubble.' Heading into Sunday's final round, McIlroy held a slim lead, with Bryson DeChambeau right on his heels. The media swirled with anticipation. Fans leaned into the narrative: a rematch of last year's U.S. Open, when DeChambeau bested McIlroy at Pinehurst for the title as Rory made mistake after mistake. AUGUSTA, GEORGIA - APRIL 13: Bryson DeChambeau of the United States reacts after putting for par on ... More the seventh hole during the final round of the 2025 Masters Tournament at Augusta National Golf Club on April 13, 2025 in Augusta, Georgia. (Photo by) The temptation to make it personal was real. But McIlroy didn't bite. 'I think the big thing is not to make it a rematch. Stay in my own little world,' he told the media. 'There's a few other people on that leaderboard who could make a run. I just have to do what I've been doing. Sort of surround myself in my own little cocoon and just get into my own little bubble and he'll do what he does and I just have to stay firm and just stay in my own little world.' That kind of mental discipline is rare—not just in sports, but in leadership. In business, it's all too easy to lose focus by chasing rivals instead of chasing excellence. Sales teams sometimes obsess more over beating the competition than delivering value to customers. Companies become so fixated on one adversary that they overlook the new competitors who are rewriting the rulebook. Great leaders know better. They understand what McIlroy demonstrated: your energy is best spent mastering your craft, not getting lost in personal rivalries. Darian Shimy, the founder and CEO of FutureFund Technology, offered a powerful reminder for high performers and executives alike. 'The trick is to keep your sense of competition healthy so that it serves your work and personal goals instead of getting in your way,' Shimy noted. Shimy emphasized that the best leaders, like the best athletes, are often driven more by a hatred of losing than a desire to win—but they also understand that long-term success comes from looking inward, not outward. As Shimy rightfully pointed out, lasting success comes from defining what 'winning' means on your terms, and redefining it as the game evolves. That's exactly what McIlroy had to do at Augusta. During the four-day tournament, he made not one, not two, but four double bogeys—a stat no previous Masters champion could (or, frankly, would want to) claim. He had every reason to fall apart. Most players would in that circumstance. But McIlroy didn't crumble. He made the necessary adjustments. Rather than defending his lead, he suddenly had to chase. Instead of panicking, he kept his focus, trusted his process, and leaned into the discipline of that bubble he built. AUGUSTA, GEORGIA - APRIL 10: Rory McIlroy of Northern Ireland reacts after chipping in for birdie ... More from the bunker on the 18th green during the final round of the Masters at Augusta National Golf Club on April 10, 2022 in Augusta, Georgia. (Photo by) 'It's the best day of my golfing life,' McIlroy said after claiming the green jacket. 'I'm very proud of myself. I'm proud of never giving up. I'm proud of how I kept coming back and dusting myself off and not letting the disappointments really get to me.' That's a mindset every executive should aspire to. The greats don't avoid failure—they just don't let it define them. They don't spend their energy seeking revenge—they stay rooted in their mission. And they know that when the pressure's on, the best place to be might just be in your own little bubble.
