2025 Zhejiang (Egypt) International Engineering Exhibition Successfully Held
Hosted by the Department of Commerce of Zhejiang Province and organized by the Zhejiang International Contractors Association and Hangzhou Boheng Business Exhibition Co., Ltd., the exhibition was held alongside the prominent 2025 Egypt Big 5 Construction Show. Zhejiang showcased its unified provincial image through a dedicated area featuring 10 enterprises, 15 representatives, and an exhibition space of 108 square meters. Participating companies included Yoking Pump Co., Ltd., Zhitao Electric Group Co., Ltd., Zhejiang Qiankai Electric Equipment Co., Ltd., and Hangzhou Fulltime Robotics Co., Ltd. Over three days, Zhejiang enterprises interacted with more than 920 professional merchants from 12 countries and regions, resulting in intended transaction amounts of $5.7 million.
Strategically located at the crossroads of Asia, Africa, and Europe, Egypt plays a key role in the Belt and Road Initiative. In May 2024, China and Egypt signed the Cooperation Plan on Jointly Promoting the Construction of the Belt and Road Initiative, which defined key cooperation areas. This strengthened framework will deepen collaboration and fuel development. To diversify its economy, Egypt has initiated projects like 'Egypt Vision 2030,' the New Administrative Capital, and the Suez Canal Corridor—sectors with strong demand for construction and renewable energy. These developments open new avenues for Zhejiang enterprises to participate in Egypt's infrastructure upgrades.
Zhejiang Province has been advancing its 'Sweet Potato Economy' strategy to upgrade the 'No. 1 Opening-Up Project.' In 2024, newly signed foreign contracting projects totaled $5.486 billion (up 11.57%), with a completed turnover of $7.995 billion (up 15.27%), ranking fourth nationwide in business scale. This Egyptian exhibition marked Zhejiang's first self-organized overseas event in 2025. Themed 'Shaping a Smart, Green Future with Zhejiang,' it underscored the province's capabilities in green technology and smart construction. Zhejiang will continue to leverage overseas exhibitions to help more enterprises expand globally, foster cooperation and technology exchange, and offer sustainable solutions to global engineering challenges.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
44 minutes ago
- Business Insider
Intel Stock (NASDAQ:INTC) Slides as Unanticipated Job Losses Hit
We know that chip stock Intel (INTC) has been hemorrhaging employees for the last several months now, on its way to cutting loose somewhere around 20% of its overall staff. But along the way, Intel is also losing some folks it may not have originally planned to lose. These unexpected departures are hitting Intel particularly hard, and investors do not like what they see. Intel shares were down nearly 2.5% in Friday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. With new CEO Lip-Bu Tan making a wide range of changes, some of Intel's biggest names have decided to simply retire and get out of the way altogether. Ryan Russell and Kaizad Mistry, both vice presidents in the technology development group, have decided to retire. Corporate vice president of the Design Technology Platform organization Gary Patton also decided the time was ripe to seek greener pastures in retirement, noted a Reuters report. Intel, interestingly, would not comment about the retirements when asked in that same report. But with processes emerging and being broken apart in a matter of weeks, it is clear there is a lot of change going on at Intel right now. That may be the kind of change that prompts some to believe it is better to abandon ship than go down with it. It Got Worse As if those retirements were not enough, there was one more unexpected departure to follow. This one did not happen as a result of a retirement, though. Rather, this one came about because someone was offered a better job elsewhere. Gang Duan, Inventor of the Year for 2024 at Intel, and a specialist in chip packaging, is now executive vice president at Samsung. (SSNLF) Interestingly, one of the things Duan was known for was using glass as a means to package semiconductors, which provides several key advantages including greater durability and thermal stability. But given that Intel recently decided to get out of glass substrates altogether, Duan may have decided that it was a good time to depart. Is Intel a Buy, Hold or Sell? Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 25 Holds and three Sells assigned in the past three months, as indicated by the graphic below. After a 7.82% loss in its share price over the past year, the average INTC price target of $22.25 per share implies 15.4% upside potential.
Yahoo
8 hours ago
- Yahoo
UnitedHealth Group Announces Changes to Leadership Team
July 31, 2025--(BUSINESS WIRE)--UnitedHealth Group (NYSE: UNH) today announced Wayne S. DeVeydt has been appointed its chief financial officer, effective September 2, 2025. John F. Rex, who joined the company in 2012 and has been CFO since 2016, will become strategic advisor to the CEO on the same date. "Wayne DeVeydt combines deep financial acumen and operating experience with the mission-oriented and compassionate approach to health care that is a perfect fit for UnitedHealth Group," said Stephen J. Hemsley, company chairman and chief executive officer. "John Rex has been an exceptional leader, having helped guide our company through substantial change with both strategic vision and strong commitment to our mission," said Hemsley. "I look forward to his continued insights as UnitedHealth Group moves forward." DeVeydt, 55, most recently has been a managing director and operating partner at Bain Capital, working with client leaders on operational improvement and growth acceleration. From 2018-2020, he was chairman and CEO of Surgery Partners, Inc. in Nashville, expanding the operational scale and financial performance of the surgical services firm. He joined Anthem, Inc. (now Elevance) in 2005 and served as its chief financial officer from 2007 to 2016. Prior to joining Anthem, DeVeydt served as a partner with PricewaterhouseCoopers LLP, with a focus on the health care sector. "There is no organization besides UnitedHealth Group that presents the kinds of opportunities to make a difference in health care, from individual patient care to broad system efficiency, so I am eagerly looking forward to joining the team," said DeVeydt. "I've been fortunate to know John Rex for over two decades and am honored to follow a leader of his caliber." Rex, 63, joined UnitedHealth Group as chief financial officer of the company's then newly established Optum business and previously had spent his career focused in health care across multiple roles and sectors. "This pivotal moment for UnitedHealth Group is the right time for a new yet greatly experienced executive like Wayne DeVeydt, and I look forward to supporting him and the entire leadership team while continuing to advise on a range of matters," said Rex. About UnitedHealth Group UnitedHealth Group is a health care and well-being company with a mission to help people live healthier lives and help make the health system work better for everyone through two distinct and complementary businesses. Optum delivers care aided by technology and data, empowering people, partners and providers with the guidance and tools they need to achieve better health. UnitedHealthcare offers a full range of health benefits, enabling affordable coverage, simplifying the health care experience and delivering access to high-quality care. Visit UnitedHealth Group at and follow UnitedHealth Group on LinkedIn. View source version on Contacts Media: uhgmedia@ UnitedHealth Group Media Sign in to access your portfolio
Yahoo
8 hours ago
- Yahoo
Sirena Amaral earns state certification as Dighton's town accountant
Dighton Town Accountant Sirena Amaral has earned the designation of certified governmental accountant, according to a community announcement. The certification, awarded by the Massachusetts Municipal Auditors' and Accountants' Association, recognizes municipal accounting professionals who have demonstrated advanced knowledge in governmental accounting, financial reporting and regulatory compliance. Candidates must complete a rigorous training program and pass comprehensive exams covering fund accounting, internal controls, municipal budgeting and Massachusetts municipal finance law. Amaral's achievement highlights her commitment to maintaining the highest standards of financial stewardship for the town, according to the announcement. 'We extend our sincere congratulations to Sirena on this well-deserved achievement,' Town Administrator Ralph Vitacco said. 'Her dedication to professional growth and excellence continues to benefit our town and its residents.' Amaral was appointed as Dighton's town accountant in July 2022 by a unanimous vote of the Board of Selectmen. Prior to her appointment, she served for four years as the assistant town accountant for Rockland. As Dighton's town accountant, Amaral is responsible for monitoring, directing and auditing the town's financial and accounting system, including maintenance of the fiscal records and systems. "The Town of Dighton commends Sirena Amaral for her continued service and for advancing the town's financial operations through her expertise and dedication," Vitacco said. This story was created by reporter Beth McDermott, bmcdermott1@ with the assistance of Artificial Intelligence (AI). Journalists were involved in every step of the information gathering, review, editing and publishing process. Learn more at This article originally appeared on The Taunton Daily Gazette: Dighton's town accountant earns top certification in government finance Solve the daily Crossword
