Latest news with #AbouElEnein
See - Sada Elbalad
25-06-2025
- Business
- See - Sada Elbalad
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
See - Sada Elbalad
05-06-2025
- Business
- See - Sada Elbalad
Abou El Enein: Two-State Solution Is Foundation for Sustainable Development
H-Tayea Deputy Speaker of the Egyptian House of Representatives and President Emeritus of the Parliamentary Assembly of the Mediterranean (PAM), Mohamed Abou El Enein, delivered a powerful message at the South Partner Consultation Forum hosted by the American University in Cairo, emphasizing that the two-state solution is essential for peace, stability, and sustainable development across the Mediterranean region. Two-State Solution: The Cornerstone of Peace In his remarks, Abou El Enein stated unequivocally that the unresolved Palestinian issue is the main obstacle to progress in the southern Mediterranean. He emphasized that any serious effort to achieve regional development must begin with a political solution founded on justice and international legitimacy. 'The two-state solution is not a slogan—it is the only viable path to ensure peace and unlock prosperity,' he said. 'Without resolving the Palestinian cause, cycles of war will continue to hinder cooperation, scare away investment, and destabilize the region.' Egypt's Leadership and a Call for EU Action Highlighting Egypt's historic role in peacemaking and mediation, Abou El Enein praised Cairo's continuous efforts to restore calm in Gaza and support a long-term solution. He urged the European Union to translate its supportive statements into real, strategic action on the ground, starting with a clearer commitment to the two-state solution and the economic future of the South. 'While China arrives in Cairo with investment proposals and a clear plan, we need the same level of practical engagement from the EU,' he said, calling on Brussels to develop a roadmap that matches ambition with implementation. Economic Stability Requires Political Resolution Abou El Enein noted that political peace and economic prosperity go hand in hand. 'You cannot talk about energy projects, agriculture, or industry while bombs are falling in Gaza,' he said. 'Let us be honest—development is not possible in an environment dominated by conflict.' He emphasized that Egypt and its southern partners are ready for joint development, but international frameworks must prioritize justice and human dignity first. PAM's Role in Mediterranean Dialogue As President Emeritus of PAM, Abou El Enein reaffirmed the organization's full support for the new EU Pact for the Mediterranean and its active contribution to shaping the political and human rights dimensions of that framework. 'Our Charter for the Mediterranean, adopted in 2008, anticipated the same values being discussed today,' he said. He emphasized PAM's unique position as a non-governmental parliamentary platform with unmatched reach and trust across member states, committed to dialogue, peacebuilding, and concrete cooperation. Conclusion: From Words to Action In closing, Abou El Enein urged all stakeholders to move from consultation to commitment and to put the two-state solution back at the center of the Mediterranean partnership agenda. 'The time for half-measures is over. Let us build a new era of peace, but it must begin with justice—and that means a sovereign Palestinian state living in peace alongside Israel,' he concluded. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple 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 News Shell Unveils Cost-Cutting, LNG Growth Plan Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream
