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Abou El Enein: Cleopatra Group Transformed Desert into Industrial Hub

Taarek Refaat Mohamed Abou El Enein, Deputy Speaker of Egypt's House of Representatives and Chairman of Cleopatra Group highlighted the group's pioneering journey in transforming the Egyptian desert into a hub of industrial development, during a speech at the Sixth Qingdao Multinationals Summit in China. His remarks were featured in a televised segment aired by Ahmed Moussa on his program on Egypt's Sada El-Balad channel. 'In the heart of the desert, we began building the first industrial city specializing in construction materials,' Abou El Enein said. 'We have a story of transforming the desert, not just with buildings, but with vision, resilience, and Egyptian innovation.' Founded over 45 years ago, Cleopatra Group has grown into one of the largest private industrial and investment entities in Egypt and the Middle East, with core operations in ceramics, porcelain, building materials; an export-driven manufacturing. Abou El Enein emphasized that Cleopatra Group's success serves as a case study in localized industrialization, noting that it became the first Egyptian company to lead the ceramics and construction materials sector. 'What started as an idea in the middle of the desert is now a thriving industrial empire contributing to Egypt's economy and exports,' he said. Mohamed Abou El Enein, Deputy Speaker of Egypt's House during a speech at the Sixth Qingdao Multinationals Summit in China read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 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