Latest news with #MohamedAmer


Daily News Egypt
18-06-2025
- Business
- Daily News Egypt
Egypt launches trial operations of Cheng He Institute for smart railway signal control
In a significant step toward upgrading Egypt's railway infrastructure, trial operations have officially begun at the Cheng He – Egypt Institute for Smart Railway Signal Control. This milestone aligns with the directives of Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, who has tasked Mohamed Amer, Chairperson of the Egyptian National Railways, with implementing comprehensive reforms to enhance education, training, and technological know-how in the sector. The Cheng He Institute is the product of a strategic partnership between Egypt's Higher Institute of Transport Technology, China's AVIC International Project Engineering Company, and the Nanjing Institute of Railway Science. It is envisioned as a regional centre of excellence for advanced training in smart railway signaling, supporting Egypt's broader vision to modernise its rail network and build local technical capacity. The trial launch was attended by senior representatives from the National Railways Authority, the Higher Institute of Transport Technology, Wardan Railway Institute, the Chinese Embassy in Cairo, the Jiangsu Provincial Education Department, AVIC International, the Nanjing Railway Technology Institute, CASCO Signal Ltd., and the Central Administration for Talent Development at Egyptian National Railways. The initiative complements the Ministry of Transport's wider efforts to overhaul technical education and foster knowledge exchange with international partners, particularly China, which is also deeply involved in developing Egypt's electric traction systems. A key goal is to prepare highly skilled graduates capable of keeping pace with the fast-evolving transport technologies being deployed across the country. Since 2020, the Higher Institute of Transport Technology has held a series of meetings in Egypt and China with its Chinese counterparts—including AVIC International, which is overseeing Egypt's light rail transit (LRT) project, as well as the Nanjing and Guangzhou Institutes of Railway Science—to design a joint academic programme tailored to the needs of Egypt's modern rail network. Under the programme, students complete three academic semesters in Egypt, followed by three semesters at the Nanjing Institute in China, before returning to Egypt to complete a final year of study. Graduates receive a Bachelor's degree in Technology from Egypt and a Technological Diploma accredited by the Chinese government. Alongside academic cooperation, the Cheng He Institute is upgrading its training laboratories and simulation systems and developing a new generation of Egyptian academic and technical staff to lead the transformation of railway education and support future transport infrastructure projects. This cross-border collaboration marks another milestone in Egypt's ongoing efforts to create a modern, smart, and sustainable transport system supported by world-class technical education.


Zawya
11-06-2025
- Business
- Zawya
ICC-ES evaluates SmartCare CureAssure for compliance with Dubai Building Code and green construction standards
Dubai, UAE: The International Code Council Evaluation Service (ICC-ES) has issued Evaluation Service Report ESR-5402 for SmartCare CureAssure, a next-generation internal curing admixture developed by Asian Paints. This innovative, chloride-free liquid admixture, classified as a Type S admixture, is designed to enhance concrete performance by promoting internal moisture retention and reducing the need for conventional external curing methods. This achievement marks a significant milestone in sustainable construction for the region, as SmartCare CureAssure becomes the first product of its kind to be evaluated in compliance with the Dubai Building Code (DBC), resulting in its official approval by Dubai Municipality in accordance with ICC-ES Acceptance Criteria AC564 for internal curing concrete admixtures. In a region where concrete construction dominates - and where embodied carbon and resource consumption remain critical challenges - SmartCare CureAssure provides a tangible solution. The system not only enhances strength and durability, but also significantly reduces water usage, supporting the region's broader environmental and sustainability goals. Mohamed Amer, Managing Director of ICC MENA, stated: " We are proud to support the advancement of sustainable and resilient construction practices through the issuance of this ESR. By validating innovative systems such as SmartCare CureAssure against rigorous code requirements, ICC-ES is helping pave the way for a safer, more efficient, and environmentally responsible construction future - one that aligns with the GCC's long-term development goals." This milestone sets a strong foundation for the future adoption of sustainable and innovative building systems across the region. By demonstrating a clear, credible pathway for emerging technologies to meet rigorous code compliance through third-party technical validation, ICC-ES helps unlock new opportunities for greener construction methods. Such initiatives empower manufacturers, developers, and regulators alike to embrace out of the box solutions that enhance building resilience, environmental performance, and resource efficiency, ultimately contributing to a more sustainable built environment in the GCC and beyond. Commenting on this success, Joseph Eapen, CEO of Asian Paints International Private Ltd, stated: "This achievement reflects our commitment to delivering high-performance, sustainable solutions for the construction sector. Having ICC-ES independently verify the performance of our system for compliance with the DBC reinforces our dedication to innovation and environmental stewardship." This milestone highlights ICC-ES's continued support in evaluating innovative systems that meet the evolving demands of building safety, sustainability, and performance in the MENA region and beyond. ESRs provide technical validation for innovative materials and systems while unlocking market access for global manufacturers. Through ICC-ES, we've supported companies in navigating this process efficiently, reducing risk while staying aligned with local code requirements. For more information about Asian Paints and their portfolio of offerings, please visit: or view the comprehensive compliance details in the report ESR-5402 via: About the International Code Council The International Code Council is the leading global source of model codes and standards and building safety solutions. The I-Codes, standards and solutions are trusted worldwide to ensure safe, affordable and sustainable communities and buildings. More information about ICC MENA: Middle East Media Enquiries should be directed to AllDetails: Diane D'costa, Senior PR Account Manager Email: Chamodi Gunawardane, Junior PR Account Manager, Email:


Zawya
03-06-2025
- Business
- Zawya
Orascom Development Egypt announces changes in its executive board members
Cairo – Orascom Development Egypt (ODE) announces that Mohamed Amer, the current CEO of El Gouna, has joined ODE's board of directors as an executive board member. Additionally, the Board appointed Ashraf Nessim as Managing Director for Finance and Operations and Mohamed Amer as Managing Director for Commercial Activities. The board has also accepted the resignation of Omar El Hamamsy from his position as Managing Director and Chief Executive Officer. Omar El Hamamsy will transition to serve as the Advisor to the Chairman of Orascom Development Holding AG (ODH) in Switzerland, leading strategic projects alongside the Chairman through March 2026. The Board of Directors of ODE, in conjunction with Naguib S. Sawiris, the Chairman of Orascom Development Holding AG (ODH), the major shareholder of ODE, would like to take this opportunity to extend their sincere gratitude and appreciation to Omar for his unwavering dedication and exemplary leadership over the past five years. During his tenure, the company has undergone remarkable growth and institutionalization, successfully navigating the complex landscape of the real estate and hospitality sectors. Ashraf Nessim has served as the Group Chief Financial Officer of Orascom Development Holding (ODH) since 2017 and as the Chief Financial Officer of its largest Egyptian subsidiary, Orascom Development Egypt (ODE), since 2012. He oversees financial strategies and is part of the Executive Management team. With over 25 years of experience in finance, infrastructure, and hospitality, Nessim previously served as Chief Financial Officer at Beltone Private Equity and Mobiserve. He also established operations for Raya Distribution in Algeria and managed Nokia and Samsung stores in Egypt from 2004 to 2006. Nessim holds a bachelor's degree in mechanical engineering and earned his CFA designation in 2004. Mohamed Amer joined Orascom Development as the CEO of El Gouna in May 2022. Prior to this role, he spent 22 years at Xerox, most recently serving as VP and Regional General Manager for the Middle East and Africa, based in the UK. Before that, he was responsible for managing the region's operations, business growth, and profitability, as well as overall strategy development and execution across all 85 countries. Prior to the aforementioned roles, Amer was Regional General Manager for Xerox Distributor Group in Miami, Florida, United States, and was responsible for 34 countries in the Caribbean, Central America, and South America. Amer holds a bachelor's degree in business administration from Alexandria University in Egypt. About Orascom Development Egypt (ODE): Orascom Development Egypt is the largest subsidiary under Orascom Development Holding (ODH), a leading international developer specializing in vibrant, integrated communities in Europe, the Middle East, and North Africa. For more than 30 years, Orascom Development Holding has been a pioneer in creating destinations where people are inspired to live, work, and play with passion and purpose. From El Gouna's stunning Egyptian coastal town by the Red Sea to O West's modern and integrated town living in the heart of West Cairo's Sixth of October, each master-planned community is a testament to ODE's commitment to placemaking at its finest. Other integrated towns in Egypt include Makadi Heights near the Red Sea, Taba Heights on the Sinai Peninsula, and Byoum in Fayoum. ODE owns a land bank of more than 50 million square meters, with nearly 28% developed or under development. ODE's hospitality portfolio includes 24 premium and luxury hotels with more than 4,900 rooms in Egypt. ODE shares are listed on the Egyptian Stock Exchange (EGX).


Zawya
03-06-2025
- Business
- Zawya
El Gouna expands residential, commercial footprint along Egypt's Red Sea coast
El Gouna, the flagship town of Orascom Development Holding (ODH) on the Red Sea coast, has about 58 percent of its land bank now developed or under construction, the CEO of El Gouna said. Mohamed Amer told Zawya Projects that the company is aiming to deliver 410 residential units this year with 96 units delivered in the first quarter, with the remainder scheduled for delivery within the year. 'Our average selling prices rose by 56 percent year-on-year in the first quarter of 2025,' said Amer. 'We recorded 12.4 billion Egyptian pounds ($249 million) in total real estate sales in 2024, up 63.8 percent from the previous year. El Gouna, spread over an area of 36.92 million square metres (sqm) along a 10-kilometre coastal strip, currently has 9,200 residential units and hosts a population of over 25,000 residents representing more than 50 nationalities. It features 18 hotels, two golf courses, an international hospital, schools, a private airstrip, and four marinas with a combined capacity of 680 yachts, making it the largest private yacht operator in Africa. ODH recently launched Fanadir Shores, a residential development near La Maison Bleue Hotel and Fanadir Marina. The project includes 57 units across seven buildings, with apartments ranging from two to four bedrooms and an average size of 220 sqm. 'It's designed to deliver a premium seafront living experience with open to sea lagoons, reflecting El Gouna's ongoing commitment to luxury, comfort, and community,' said Amer, adding that completion is expected within two years. On the other hand, Fanadir Marina, covering 30,600 sqm, will accommodate up to 80 yachts and includes a 6,000-sqm commercial area with more than 38 retail and dining outlets and integration with Fanadir Marina Signature Residence. Amer said El Gouna is also expanding its role as a business hub with multiple zones to support companies, entrepreneurs, and freelancers. The El Gouna Business District offers office space for companies and entrepreneurs, while G-Valley, a planned development, will provide services to SMEs and startups, including banking and government support. G-Space, a flexible co-working hub caters to freelancers and remote workers, and is equipped with modern amenities to support productivity and collaboration. 'To further support the shift to hybrid work models, we partnered with IWG (International Workplace Group), the global leader in flexible workspaces,' said Amer. 'Their brands, such as Spaces and Regus, have launched professional, scalable office solutions in El Gouna—reinforcing our position as a progressive destination for business and innovation.' (1 US Dollar = 49.71 Egyptian Pounds) (Reporting by Marwa Abo Almajd; Editing by Anoop Menon)


Zawya
14-05-2025
- Business
- Zawya
Disney on Ice Shows presented through a strategic partnership between Vodafone Egypt and DINO Activations
Cairo, In a landmark move that underscores their shared commitment to delivering world-class entertainment experiences to the Egyptian market, DINO Activations, the exclusive and official representative of Disney on Ice in Egypt, has announced the signing of a first-of-its-kind strategic partnership with Vodafone Egypt. Through this collaboration, Vodafone assumes the role of Official Lifestyle Partner for Disney on Ice 2025, marking a significant milestone in both entities' efforts to reshape the local entertainment landscape and reinforce Egypt's positioning as a regional hub for hosting large-scale international productions. The eagerly anticipated shows will run from May 21 to May 31 at the Indoor Complex of Cairo International Stadium. The official signing ceremony took place on Tuesday, May 13, 2025, at Vodafone Egypt's headquarters in Smart Village, in the presence of Mohamed Amer, Founder and Chairman of DINO Activations, and Heba Arafa, Managing Executive: Brand & Entertainment at Vodafone Egypt, alongside senior executives from both companies and select media representatives. As part of the agreement, tickets will be made available for purchase at numerous Vodafone Egypt branches nationwide, making the booking process more accessible and expanding the reach to a broader base of Disney on Ice fans. As Official Lifestyle Partner, Vodafone Egypt will provide its customers with exclusive benefits and memorable entertainment experiences, reflecting its vision to go beyond traditional telecommunications services and become an integral part of everyday life. By aligning with internationally renowned cultural events like Disney on Ice, Vodafone reaffirms its role as a lifestyle enabler dedicated to offering premium, family-oriented content. 'Our strategic partnership with DINO Activations reflects our ongoing commitment to be the primary lifestyle partner for our customers by delivering exceptional experiences that go beyond telecom services. We believe in the power of partnerships to bring us closer to our customers during their most cherished family moments. Our collaboration with major players in the entertainment sector reinforces our vision to be a part of our customers' daily lives and strengthens Egypt's role as a regional destination for world-class events,' said Heba Arafa, Managing Executive: Brand & Entertainment at Vodafone Egypt. Mohamed Amer, Founder and Chairman of DINO Activations, commented: 'We are proud to announce this strategic alliance with Vodafone Egypt, one of the most distinguished and influential brands in the market. This partnership represents a pivotal step toward advancing Egypt's entertainment sector and transforming it into a key contributor to both domestic and inbound tourism development. Events such as Disney on Ice serve as powerful proof of Egypt's readiness to host global-caliber experiences. We look forward to cultivating sustainable partnerships with visionary brands like Vodafone to bring imaginative and enriching entertainment to Egyptian families.' This collaboration reaffirms the unwavering commitment of both DINO Activations and Vodafone Egypt to transforming the entertainment scene through premium content aligned with international standards. It also highlights their shared dedication to supporting both domestic and international tourism by introducing major global events to Egyptian audiences for the first time. Above all, the partnership demonstrates the value of synergy between leading brands in delivering entertainment that balances cultural enrichment with joyful, family-friendly experiences. About DINO Activations: Founded in 2010, DINO Activations is a brand activation agency known for bringing unique global experiences to the heart of Egypt for over a decade. The company has introduced first-of-its-kind entertainment offerings to the local market and continues to collaborate with leading global entertainment brands such as Cirque du Soleil and Pixar, delivering unforgettable moments for Egyptian families. About Vodafone Egypt Vodafone is the largest telecommunications company in Egypt, and our strategy is to shape the future for the new digital world while continuing to put our customers first. Over the course of 25 years, we have invested more than EGP 100 billion to make a tangible difference in the lives of over 50 million customers. Our purpose is to connect for a better future by using technology to improve lives, businesses and help progress inclusive sustainable societies.