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Open// PM inspects Allweiler Farid Hassanein factories
Open// PM inspects Allweiler Farid Hassanein factories

Middle East

time19-04-2025

  • Business
  • Middle East

Open// PM inspects Allweiler Farid Hassanein factories

CAIRO, April 19 (MENA) – Prime Minister Mostafa Madbouli has visited two factories of Allweiler Farid Hassanein Pumps in the 10th of Ramadan city. The visit is part of the premier's tour, which kicked off on Saturday to inspect a number of factories in the 10th of Ramadan city, where he was accompanied by Transport and Industry Minister Kamel El Wazir and a host of respective officials. Madbouli, who was received by the company chairman, was briefed about the company's activities and future expansion plans, calling on the company to contribute to producing pumps used in the presidential 'Decent Life' initiative to cut imports. Allweiler-Farid Pumps is a joint venture with the German worldwide known pump manufacturer ALLWEILER GmbH which is a member of the Colfax Fluid Handling and the Egyptian 'Farid Hassanein Co.'. It is now one of the biggest pumps manufactures in the MENA region. (MENA) K F E/M N E

OPEN// PM: State gives top priority to pharmaceutical industries
OPEN// PM: State gives top priority to pharmaceutical industries

Middle East

time19-04-2025

  • Business
  • Middle East

OPEN// PM: State gives top priority to pharmaceutical industries

CAIRO, April 18 (MENA) - Prime Minister Moustafa Madbouli Saturday said that the state attaches great importance to the sector of pharmaceutical industries, with further facilitation and incentives are introduced to attract more investments to this vital sector, in accordance with directives of President Abdel Fattah El Sisi. Madbouli made the remarks during a tour of a number of factories of the 10th of Ramadan city, including the factory of Utopia Pharmaceutical Company. During his tour, the premier was accompanied by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir, Chairman of the Egyptian Drug Authority Ali Ghamrawy and Managing Director of Utopia Pharmaceutical Company Saied Kamel. Madbouli emphasized the importance of localizing and developing the pharmaceutical industry in Egypt and transferring modern technologies applied in this field. For his part, industry minister Wazir highlighted initiatives and facilitation provided to support the pharmaceutical industry in Egypt. These initiatives have contributed to increasing production and enhancing competitiveness of Egyptian products. At beginning of the tour, the premier was briefed by Head of Utopia Pharmaceutical Company Kamel on the components of the factory which is erected on a total area 18,000 square meters, with an investment cost of amounting to 1.350 billion pounds. The factory comprises six production lines, Kamel said, adding that the Utopia company is one of the mega pharmaceutical companies operating in the Egyptian market. The strategy of Utopia factory seeks to reduce the import of finished medicines, and increase exports of the finished products by registering and marketing products currently imported from abroad, and providing the required technology to produce them locally. During his tour of the factory to observe the various manufacturing stages, processes, and production lines, Madbouli was posted by Factory Manager Wael Fattah on the tablet and capsule preparation lines, and their packaging lines. Fattah said that the current production stands at 120 million packages annually, noting that the factory is ready to double its production capacity. He added that the total number of products currently produced by the factory records 185, of which 73 products are registered and marketed, while procedures are still underway to complete the registration of the remaining 112 products. Fattah said that the company's sales in 2024 exceeded 2 billion pounds, while the exports of the company reached 320 million pounds. The manager of the factory added that local component accounts for 90 percent of products manufactured by Utopia company. (MENA) A A E/M N E

Eid Al Fitr in Oman: A week-long holiday awaits
Eid Al Fitr in Oman: A week-long holiday awaits

Gulf Business

time20-03-2025

  • Climate
  • Gulf Business

Eid Al Fitr in Oman: A week-long holiday awaits

Image credit: Getty Images The first day of Eid Al Fitr in Oman is likely to fall on Monday, March 31, as predicted by astronomers. As a result, the Eid holidays in Oman are expected to begin on Sunday, March 30, and last until Thursday, April 3, giving citizens and residents a five-day break, a report in However, the holidays may be extended further since Friday (April 4) and Saturday (April 5) are weekend days, creating a nine-day break starting from the pre-Eid weekend. If the first day of Eid Al Fitr falls on Monday (March 31), it will be due to the 29th of Ramadan, which corresponds to March 29. On this day, the sun will set at 6:21 pm, and the moon will set at 6:26 pm, making it nearly impossible to see the moon, according to Abdulwahab Al Busaidy, head of the observatory at the Oman Astronomical Society. Al Busaidy also explained that the moon will be visible on the horizon for just five minutes, depending on the observer's location in Oman. The moon will be positioned only two degrees above the horizon, with an illumination of 0.04%. Therefore, it is less likely to be sighted in countries like Oman, which rely on moon sightings to declare Eid. For countries that depend on the birth of a new moon, Al Busaidy mentioned that they might be fasting for only 29 days, and their first day of Eid Al Fitr will be on March 30. The UAE's Eid Al Fitr holidays for f The 30th of Ramadan will be recognized as an additional public holiday if the Holy Month of Ramadan concludes with 30 days, thus extending the Eid Al Fitr break.

Expected dates for Eid Al-Fitr holiday in Jordan 2025
Expected dates for Eid Al-Fitr holiday in Jordan 2025

Roya News

time06-03-2025

  • General
  • Roya News

Expected dates for Eid Al-Fitr holiday in Jordan 2025

Jordanians are anticipating a four-day holiday for Eid Al-Fitr in 2025 (1446), based on astronomical calculations related to the sighting of the Shawwal moon. According to these estimates, the 29th of Ramadan, which corresponds to March 29, 2025, falls on a Saturday. This will be the designated day for moon sighting, which determines the first day of Shawwal and the start of Eid al-Fitr. If the moon is sighted on Saturday evening, the holiday is expected to begin on Sunday, March 30, 2025, and continue through Tuesday, April 2, 2025, covering the three main days of Eid. There is also the possibility of adding Thursday, April 3, as a fourth day, in line with Jordanian customs. If the moon is not sighted on Saturday evening, then Monday, March 31, may be the first day of Eid. In that case, the holiday would run from Monday to Wednesday, April 2, with Thursday, April 3, potentially added if the government announces this in its official statement. It is important to note that Saturday, March 29 (29th of Ramadan) will not be part of the official holiday, as it is a regular workday for some sectors in both the public and private spheres. The official moon sighting results, announced by authorities such as the Department of Fatwas, will confirm the final holiday schedule.

IRSC, Sumitomo Electric partner to develop solar PV rooftops in Egypt
IRSC, Sumitomo Electric partner to develop solar PV rooftops in Egypt

Zawya

time30-01-2025

  • Automotive
  • Zawya

IRSC, Sumitomo Electric partner to develop solar PV rooftops in Egypt

Egypt - IRSC, a leader in renewable energy solutions and sustainability, has signed a partnership agreement with Sumitomo Electric Wiring Systems Egypt, a global manufacturer of automotive electrical systems, to design, supply, and install solar PV power plants on the rooftops of Sumitomo's industrial facilities. This collaboration underscores Sumitomo Electric Wiring Systems Egypt's commitment to supporting sustainability, reducing carbon emissions, and improving energy efficiency within its production processes. The initiative also aligns with the company's global vision of adopting environmentally friendly practices to lower its carbon footprint. The project will see solar power plants installed on the rooftops of Sumitomo's facilities in the 10th of Ramadan, 6th of October, and Port Said regions, with an estimated total installed capacity of 3.2 MW peak in the first phase. The solar installations are expected to generate approximately 4.9 GWh annually, helping to reduce electricity consumption from the national grid and cutting CO2 emissions by around 52,700 tons per year. The construction of the plants is scheduled to be completed by the second quarter of 2025. Andrew Daniel, Chairperson of IRSC, expressed enthusiasm about the project, stating, 'This partnership serves as a successful model for adopting clean technologies in Egypt's industrial sector. We look forward to further collaborations with global companies to build a more sustainable future.' Management at Sumitomo Electric Wiring Systems Egypt highlighted the multiple benefits of the project, including significant reductions in electricity costs, enhanced environmental sustainability, and alignment with Egypt's Vision 2030 goals for clean energy transformation. The initiative will also contribute to Egypt's broader objectives of fostering green investments and promoting renewable energy. This project marks the first phase of IRSC's collaboration with Sumitomo Electric Wiring Systems Egypt. Moving forward, IRSC plans to expand its portfolio of integrated solar energy solutions, further supporting industries in Egypt to transition to clean, efficient energy sources.

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