tadawul-

Element List Explanation
Introduction House Restaurant CO. Burgerizzr announces a supplementary disclosure regarding its previous announcement dated December 9, 2025, related to the Board of Directors’ invitation to shareholders to attend the Extraordinary General Assembly Meeting (the first meeting), which includes the capital increase scheduled for January 1, 2026. The company wishes to attach additional supporting documents concerning items (1, 2, 3) mentioned in the previous announcement.
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website 2025-12-09 Corresponding to 1447-06-18
Hyperlink to the Previous Announcement Click Here
Change on the Development The company notes, with regard to the invitation to the Extraordinary General Assembly concerning the capital increase, that the supporting documents for items (1, 3) have been attached. These documents clarify the company’s Articles of Association before and after the amendments, in addition to the inclusion of a new article (item 2) as mentioned in the previous announcement.
Financial Impact on the change No financial effect
Attached Documents

tadawul-

Element List Explanation
Announcement Detail Further to the announcement made by Kingdom Holding Company on the Saudi Stock Exchange website (Tadawul) on 24th Nov 2025 regarding the invitation to attend the ordinary General Assembly Meeting (“AGM”) to be held on 15th December 2025 at 08:00 PM in Riyadh by means of modern technology, Kingdom Holding Company wishes to remind its shareholders, who are registered in Tadawulaty, that they can remotely vote on the agenda of the AGM starting on Thursday 11th December 2025,1:00 AM, until the end of the AGM.
Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through the following link:

https://login.tadawulaty.com.sa/ir/user/login.xhtml

For any inquires please contact Investor Relations at:

P: 0112111111

F: 0112111112

E: investor.relations@kingdom.com.sa

P.O. Box 1 Riyadh 11321

Attached Documents

tadawul-


Element List Explanation
Introduction With reference to the announcement of Twareat Medical Care Company dated 02-06-1447H corresponding to 23-11-2025, regarding filing a lawsuit against the Saudi Basic Industries Corporation (SABIC) to claim the financial differences resulting from not providing the minimum agreed contractual requests for medical tests between the two parties during the period from 2019 to 2024, with a total amount of SAR 34,505,037 (including VAT). The company also refers to its announcement dated 05-06-1447H corresponding to 26-11-2025, regarding the ruling of the competent circuit that the commercial courts lack jurisdiction to hear this case.
Previous Announcement Twareat Medical Care Co. Announces an update on its announcement of filing of a lawsuit against the Saudi Basic Industries Corporation (SABIC).
Date of Previous Announcement on Saudi Exchange’s Website 2025-11-26 Corresponding to 1447-06-05
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event Twareat Medical Care Company announces that on 19-06-1447H corresponding to 10-12-2025, it received a notification from its external lawyer confirming the submission of an appeal memorandum before the Commercial Court in Riyadh on 18-06-1447H corresponding to 09-12-2025. The appeal objects to the judgment issued in case against the Saudi Basic Industries Corporation (SABIC), which relates to a claim amounting to SAR 34,505,037 (including VAT) for financial differences arising from a contract to operate internal clinic facilities. The primary circuit had ruled that the commercial courts lack subject-matter jurisdiction to hear the case.
Reasons For The Delay on The Date of The Event Previously Announced N/A
The costs associated with the event, and if they have changed or not with indication of the reasons. N/A
Delay consequences on the Company’s financial results N/A
Additional Information The company will announce any further material developments in due course.

tadawul-


Element List Explanation
Introduction Further to the announcement by National Gas and Industrialization Co. (GASCO Holding) Regarding the Board of Directors’ resolution passed by circulation to distribute cash dividends to shareholders for the second half of the fiscal year 2025.
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website 2025-12-10 Corresponding to 1447-06-19
Hyperlink to the Previous Announcement Click Here
Change on the Development The eligibility of dividends distribution will be for the shareholders of the Company who own shares on the eligibility date and are registered in the Company’s share registry at the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date.
The company would also like to draw the attention of non-resident investors in the Kingdom to the fact that the profits that the company will pay to them will be subject to a withholding tax of 5% upon transferring those profits or depositing them in their bank accounts, in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of Its executive regulations.

Accordingly, the company emphasizes that non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority should contact the company within 5 calendar days from the due date and provide the company with documents supporting the tax exemption.

The Company is pleased to receive your calls and inquiries through the Investor Relations Department via the following channels:

Phone number: 0533669305

Email: investors@gasco.com.sa

Financial Impact on the change N/A

tadawul-


Element List Explanation
Introduction Purity for Information Technology has been pleased to announce that it has received an award notice letter for Managed Cloud System Services from the Social Development Bank
Date of the Award 2025-12-10 Corresponding to 1447-06-19
Counterparty Social Development Bank
Contract Value SAR 6,916,555.17, Including VAT.
Six million, nine hundred sixteen thousand, five hundred fifty-five Saudi Riyals and seventeen halalas only (including VAT).

Expected Date for Signing the Contract 2026-01-11 Corresponding to 1447-07-22
Contract Details The project aims to provide managed services for cloud systems, enhance the maturity of the bank's cloud technology services, and increase customer satisfaction by improving service availability and ensuring continuity.
Related Parties There are no related Parties.

tadawul-

Element List Explanation
Announcement Detail In reference to Theeb Rent a Car Company’s announcement on the Saudi Exchange (Tadawul) website dated 03/06/1447H corresponding to 24/11/2025G regarding the Board of Directors’ invitation to the esteemed shareholders to attend the Extraordinary General Assembly Meeting, which includes an increase in the company's capital (first meeting), scheduled to be held, God willing, at 19:30)). on Monday, 24/06/1447H corresponding to 15/12/2025G, via modern technology.
The Company would like to remind its esteemed shareholders that the electronic voting on the assembly’s agenda items will start at 01:00 am on Thursday 11/12/2025G corresponding 20/06/1447H and will continue until the end of the assembly meeting, noting that registration and voting via Tadawulaty services are available and free of charge to all shareholders at the following link: www.tadawulaty.com.sa

For inquiries, please contact the Investors relations department During official working hours from 8 a.m. to 5 p.m.

Investor Relations Department Contact Information:

Phone: 0114939222 Email: ir@theeb.sa

Tadawul-


Element List Explanation
Introduction The Board of Directors of Saudi Basic Industries Corporation (SABIC) is pleased to invite the Company’s shareholders to attend the Extraordinary General Meeting (First Meeting) via modern technology provided by Tadawulaty.
City and Location of the General Assembly's Meeting SABIC HQ, Riyadh (Using Tadawulaty system only).
Hyperlink of the Meeting Location Click Here
Date of the General Assembly's Meeting 2025-12-31 Corresponding to 1447-07-11
Time of the General Assembly’s Meeting 19:00
Methodology of Convening the General Assembly’s Meeting Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End The eligibility to attend the Meeting, will be for shareholders registered in the Company share registry at the Depository Center as of the end of trading prior to the Meeting Day, and as per the rules and regulations, Shareholders have the right to discuss matters listed in the agenda of the General Assembly and raise relevant questions. Also, eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes.
Quorum for Convening the General Assembly's Meeting The Extraordinary General Assembly shall not be valid unless attended by shareholders representing at least fifty percent (50%) of the voting shares.
General Assembly Meeting Agenda Attached
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Shareholders have the right to discuss matters listed in the agenda of the General Assembly and raise relevant questions, Shareholders can remotely vote on the General Assembly Meeting’s agenda via (E-voting service), through Tadawulaty www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda The shareholders may remotely vote on the General Assembly Meeting’s agenda via (E-voting service) through Tadawulaty website www.tadawulaty.com.sa. Which is provided free of charge. The remote voting will start on Sunday 08/07/1447 H Corresponding to 28/12/2025 G at (01:00) AM, and the voting will end upon the concluding counting committee sorting the Votes.
Method of Communication in Case of Any Enquiries For inquiries related to agenda of the General Meeting or for general inquiries, please contact Investor Relations Department at:
1- Telephone No.: 011-2258000, Extension- (1)

2- Mobile No.: +966530013051

3- Email: IR@sabic.com

Additional Information SABIC would like to draw the attention of its shareholders that transferring the general reserve balance 110,889,032 thousands Saudi Riyal as stated in the announced Annual Consolidated Financial Statements ended on 31 December 2024, and Interim Consolidated Financial Statements for the third quarter ended on 30 September 2025 to the Retained Earnings account is in line with the global best practices to maintain strong balance sheet supported by a disciplined financial framework. It will also enhances the company's competitiveness, strengthen its ability to overcome challenges, and promotes the optimal utilization of resources amid the ongoing transformation journey and the portfolio optimization to maximize shareholders return.
Shareholders questions and inquiries will be received during the meeting of the General Assembly through the following e-mail address:

IR@sabic.com

We would like to inform all shareholders that there will be a live audio broadcast of the meeting via the link available in Tadawulaty system.

As part of our efforts to safeguard the interests of our shareholders who did not receive dividends during previous periods, we request you to communicate with Investor Relations, through the method of communication shown above, for any enquiry about the mechanism for disbursing profits and transferring them to their accounts.

Attached Documents

Company Name : South Valley Cement
ISIN Code : EGS3C351C011
Reuters Code : SVCE.CA
Content :
EGX decided to resume trading on the company effective 10/12/2025 trading session at 02:00 PM, as the company sent a statement regarding the signing of an agreement between a number of government agencies and South Valley Cement Company.

Company Name : South Valley Cement
ISIN Code : EGS3C351C011
Reuters Code : SVCE.CA
Content :
EGX decided to resume trading on the company effective 10/12/2025 trading session at 02:00 PM, as the company sent a statement regarding the signing of an agreement between a number of government agencies and South Valley Cement Company.

Release from the Company (26 KB)
AGM Minutes (after Certification) (4,824 KB)

Company Name : South Valley Cement
ISIN Code : EGS3C351C011
Reuters Code : SVCE.CA
Content :
EGX management decided to suspend trading on the company's shares, until to receive a release from the company.

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Heibco for commercial investments & real ‎estate development
Position: related parties for insider
Transaction: sell
Number of Shares: 10000‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Fawry For Banking Technology And Electronic ‎Payment
Position: related parties for insider
Transaction: buy
Number of Shares: 75500‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Arab Co. for Asset Management And ‎Development
Position: related parties for insider
Transaction: sell
Number of Shares: 2000000‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Cleopatra Hospital Company
Position: insider
Transaction: sell
Number of Shares: 28000‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Cleopatra Hospital Company
Position: insider
Transaction: buy
Number of Shares: 10000‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Nozha International Hospital
Position: Major Shareholder
Transaction: sell
Number of Shares: 50000‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Nozha International Hospital
Position: insider
Transaction: buy
Number of Shares: 2778‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Pyramisa Hotels
Position: related parties for insider
Transaction: buy
Number of Shares: 1‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Pyramisa Hotels
Position: insider
Transaction: buy
Number of Shares: 750‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Mena Touristic & Real Estate Investment
Position: related parties for insider
Transaction: buy
Number of Shares: 6120000‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Mena Touristic & Real Estate Investment
Position: insider
Transaction: sell
Number of Shares: 6120000‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Commercial International Bank- Egypt (CIB)‎
Position: insider
Transaction: sell
Number of Shares: 1000‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Commercial International Bank- Egypt (CIB)‎
Position: insider
Transaction: sell
Number of Shares: 20‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Gadwa For Industrial Development
Position: related parties for insider
Transaction: sell
Number of Shares: 500000‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Egyptian Financial & Industrial
Position: insider
Transaction: buy
Number of Shares: 50000‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: El Nasr Clothes & Textiles (Kabo)‎
Position: related parties for insider
Transaction: sell
Number of Shares: 832205‎

Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: El Nasr Clothes & Textiles (Kabo)‎
Position: insider
Transaction: buy
Number of Shares: 832205‎

‎Insider Trading Executions: Trading Session 9/12/2025‎
Company Name: Industrial & Engineering Enterprises Co.‎
Position: related parties for insider
Transaction: buy
Number of Shares: 500000‎

Company: The Egyptian Modern Education Systems
Symbols: EGS729F1C012
Reuters: MOED.CA
Content:
Minutes of the Board of Directors' meeting held on 09/12/2025

The Minutes (398 KB)

Company Name: The Egyptian Modern Education Systems
ISIN Code: EGS729F1C012
Currency: Egyptian Pound
F/S Period: From 01/07/2024 to 30/06/2025
Net profit: 4,948,625
F/S Period: From 01/07/2023 to 30/06/2024
Net Comparative profit: 5,083,498
Audit Status: Audited
Source: The Egyptian Modern Education Systems
The BoD Report (444 KB)

Company: Mohandes Insurance
Symbols: EGS63041C015
Reuters: MOIN.CA
Content:
Notarized minutes of the EGM held on 25/06/2025

EGM Minutes (4,386 KB)

Company: Egyptian Gulf Bank
Symbols: EGS60182C010
Reuters: EGBE.CA
Content:
Decisions of the Board of Directors' meeting held on 09/12/2025

The BoD Decisions in Arabic & English (1,007 KB)

Company: Delta Insurance
Symbols: EGS63031C016
Reuters: DEIN.CA
Content:
Decisions of the Board of Directors' meeting held on 09/12/2025

The BoD Decisions (80 KB)

At the conclusion of his visit to Egypt…

The Minister of Planning, Economic Development, and International Cooperation receives the First Vice President of the European Bank for Reconstruction and Development (EBRD) to discuss the outcomes of the visit and the future of strategic relations with the Bank.

The meeting addresses plans to increase investments in start-ups, mechanisms to empower the private sector, and driving Egypt’s transition to a green economy.

El-Mashat: “More than 94 deals have been executed by the EBRD in Egypt since 2020, providing over USD 3.5 billion in financing and investments for the private sector.”

Greater activation of innovative financing mechanisms for the private sector to reduce borrowing costs and attract investments.

At the conclusion of his first visit to Egypt, Dr. Rania El-Mashat, Minister of Planning, Economic Development, and International Cooperation and Egypt’s Governor at the EBRD, met with Mr. Greg Gaïet, First Vice President of the Bank, to discuss joint cooperation files, the current and future cooperation portfolio between Egypt and the Bank, and review the outcomes of the visit and meetings held by the Vice President with various entities.

The meeting was attended by Mr. Matteo Patrone, EBRD Vice President for Banking; Mr. Mark Davis, Regional Director for the Southern and Eastern Mediterranean; and Ms. Reem El-Saadi, Deputy Regional Director of the EBRD in Egypt.

At the start of the meeting, Dr. Rania El-Mashat welcomed the Vice President, expressing appreciation for the fruitful strategic relations between Egypt and the Bank, which reflect continuous progress in cooperation and success in building strong and impactful partnerships. She noted that relations between Egypt and the Bank have advanced significantly over the past five years, with collaboration across multiple levels paving the way to achieve Egypt’s targeted development rates.

The Minister reviewed Egypt’s positive economic indicators across various dimensions, highlighting the government’s disciplined fiscal and monetary policies, governance of public investments to ensure macroeconomic stability, and at the same time, the implementation of investment-friendly policies to empower the private sector. She emphasized that Egypt’s economy is undergoing a transformation toward increased productivity, investment, and private sector participation, ensuring comprehensive and sustainable economic development, in line with the National Narrative for Economic Development.

She pointed to achievements in 2025, particularly the joint work on renewable energy projects under the “Nofee” program, and the launch of mechanisms for public-private partnership projects, which strengthen ongoing efforts to empower the private sector in Egypt. She explained that cooperation with the Bank under the industrial emissions reduction program of the Climate Investment Funds (CIF), as well as the Industrial Carbon Reduction Platform, will open the door to more concessional financing for Egypt’s private sector, boosting productivity and supporting the green transition in industry.

Dr. El-Mashat stressed that the Ministry’s key objective in partnership with the EBRD is to increase financing directed to the private sector and build on past achievements, given the pivotal role such financing plays in stimulating further private sector investment. She noted that the Bank has executed more than 94 deals in Egypt since 2020, providing financing and investments for the private sector worth over USD 3.5 billion.

For his part, the EBRD First Vice President affirmed the Bank’s commitment to further increasing investments in Egypt, particularly in start-ups, and continuously developing relations in line with government priorities, especially regarding private sector financing and the transition to a green economy. He praised Egypt’s ongoing efforts to achieve development and improve infrastructure.

The two sides also discussed the Bank’s efforts to provide technical support and investments in start-ups and entrepreneurship, as well as its drive to diversify financing mechanisms and sources for this vital sector. They also addressed renewable energy financing efforts and the European Investment Guarantee mechanism worth EUR 1.8 billion, which opens wider horizons for the Bank to expand its financing for Egypt’s private sector.

Dr. Ali El-Ghamrawy: “We continue to support an attractive pharmaceutical environment for investment and ensure the availability of vital medicines for Egyptian patients.”

As part of its efforts to strengthen pharmaceutical security and ensure the availability of priority biological medicines for Egyptian patients, the Egyptian Drug Authority (EDA) held an official meeting with a high-level delegation from GlaxoSmithKline (GSK). The meeting aimed to discuss ways to expand cooperation and overcome obstacles that may hinder the availability of certain essential medicines in the Egyptian market.

Dr. Ali El-Ghamrawy, Chairman of the EDA, received the company’s delegation headed by Engineer Hassan Fahmy, Chairman and Managing Director of GSK Egypt.

The two sides discussed issues related to the provision of biological pharmaceutical products, especially those of priority for Egyptian patients. The GSK delegation presented the company’s future plans in the Egyptian market, emphasizing expansion in local manufacturing and increasing production capacity at its factories in Egypt. This would help sustain product availability and reduce reliance on imports.

During the meeting, the EDA Chairman stressed the Authority’s commitment to strengthening partnerships with leading global pharmaceutical companies. He underlined that the Authority continuously works to create a stimulating and attractive pharmaceutical environment for investment, based on transparency, technical support, and simplified procedures—serving patients’ interests and aligning with the state’s strategic directions in this vital sector.

He also emphasized the Authority’s special focus on ensuring the continuous availability of biological medicines in the market, by working with local and international companies to develop practical solutions to all challenges, and by regularly monitoring production and supply plans.

For its part, GSK expressed appreciation for its close cooperation with the EDA, noting that Egypt represents an important hub for the company’s operations in the region. The company reaffirmed its commitment to strengthening investments and expanding its role in supporting Egypt’s pharmaceutical industry.

This meeting is part of the regular series of consultations held by the Egyptian Drug Authority with its industry partners, within the Authority’s strategic approach to supporting national pharmaceutical security and consolidating Egypt’s position as a leading regional hub for pharmaceutical manufacturing and distribution.

Youm7

The Future Egypt Authority continued its investment moves through the Egyptian Stock Exchange, as part of its plan to diversify its investment portfolio across different sectors. It added a stake of 12.891% (2,710,653 shares) in Tameer for Engineering Consultations, marking its first presence in the real estate sector within its stock market portfolio.

The average purchase price in the transaction was EGP 87.276 per share, with a total transaction value of approximately EGP 236,575,720.60. As a result, the Authority’s ownership in the company rose from 1.368% before execution to 12.891% after execution, representing a significant shift in the company’s ownership structure and strengthening the Authority’s position as a major shareholder.

The transaction was executed through Ahli Pharos Securities Brokerage, in accordance with stock market regulations.

This step comes as part of the Authority’s recent moves and its carefully studied diversification policy, aimed at reinforcing its role as a long-term national investor in real production sectors. Its investments already include Mansoura Poultry, Ajwa Food Industries, and Ekmi Medical Industries—sectors directly linked to the state’s plans to achieve self-sufficiency, localize vital industries, and reduce reliance on imports.

Financial analyst Menna Allah Mohamed Khaled of Egypt Exterior Financial noted that Future Egypt Authority’s acquisition of stakes in promising sectors such as food, poultry, and medical industries is a highly positive step, sending reassuring signals of confidence to Arab and foreign investors about the strength and stability of the Egyptian market.

The acquisition of a stake in Tameer also recalls the Authority’s pioneering real estate project “Gryan”, which stirred the market with its innovative designs and concepts, launched through its real estate arm Nation or Sky, in cooperation with Palm Hills Developments and Mountain View.

Menna Allah pointed out that the Authority’s first local real estate projects enjoyed strong demand, offering distinctive units in prime locations, including the concept of “living on the Nile” in New Zayed City. Based on this experience, future moves may include acquiring more real estate shares on the stock exchange or accelerating the development of Tameer’s lands.

Tameer for Engineering Consultations announced a new strategic partnership with The GrEEK Campus, introducing a new model of branded commercial partnerships in the Middle East, through launching a co-working space and fully equipped offices within the Urban Business Lane (UBL) project.

Over its history, Tameer has developed landmark projects in Egypt’s urban development journey, including Maadi Degla, Sheraton Housing, Maryland Housing, as well as hotels such as Le Méridien Cairo, Palestine Hotel in Alexandria, Mövenpick Aswan, and more recently UBL – Urban Business Lane in New Cairo, a model of multi-use business complexes, and the Azad residential project, one of the most prestigious compounds in New Cairo.

Projects such as Azad, Azad Views, and UBL form part of Tameer’s mega project Urban Walk, spanning over 500,000 m² adjacent to the American University in New Cairo, envisioned as the new downtown of New Cairo. Designed by international consultants from France, England, and Lebanon, it offers an exceptional urban experience with global brands, restaurants, cafés, and open green spaces of 60,000 m², creating a stimulating and productive work environment.

Returning to Future Egypt Authority’s broader stock market strategy, in recent months it has built a distinctive investment portfolio after extensive studies of promising sectors and stocks offering expansion opportunities, aligned with its core activities.

It acquired nearly 89.66% of the capital of the Arab Company for Land Reclamation, marking a major transformation in the agriculture sector. In the medical sector, it acquired a stake in Ekmi International Medical Industries for further expansion. In the food sector, it acquired shares in Ajwa Food Industries, preparing for a new revival and market share expansion.

In tourism, the Authority owns a stake in Sharm Dreams Tourism, and in poultry, it acquired shares in Mansoura Poultry. Thus, the Tameer acquisition extends its expansion into promising sectors on the Egyptian Stock Exchange.

Recent moves indicate the Authority’s adoption of a carefully studied diversification policy, aiming to reinforce its role as a long-term national investor in real production sectors. Its investments in poultry, food, and medical industries are directly tied to the state’s plans for self-sufficiency, localizing vital industries, and reducing import dependence.

Financial analyst Ahmed Ali commented that Future Egypt Authority’s acquisitions in promising sectors such as food, poultry, and medical industries are highly positive, sending strong signals of reassurance and confidence to Arab and foreign investors about the strength and stability of the Egyptian market.

Today, Dr. Mostafa Madbouly, Prime Minister, at the Government Headquarters in the New Administrative Capital, witnessed the signing ceremony of a settlement agreement between several government entities and South Valley Cement Company, operating in the cement industry in Egypt. The agreement was prepared and drafted by the Technical Secretariat of the Ministerial Committee for the Settlement of Investment Contract Disputes.

The ceremony was attended by:

Engineer Kamel El-Wazir, Deputy Prime Minister for Industrial Development, Minister of Industry and Transport

Counselor Adnan Fangary, Minister of Justice

Engineer Karim Badawi, Minister of Petroleum and Mineral Resources

Authorized signatories on behalf of government entities included:

Dr. Nahed Youssef, Chairperson of the General Authority for Industrial Development

Engineer Salah El-Din Abdel-Karim, Chairman of the Egyptian General Petroleum Corporation

Major General Ihab Mahmoud Salem, Chairman of the National Company for Road Construction, Development, and Management

Major General Abdel-Salam Ahmed Shafiq, Chairman of the Egyptian Company for Mining, Quarrying, and Salt Exploitation

Signing on behalf of the company was Mr. Fahd Hussein Ali Shubkshi, Chairman and Managing Director of South Valley Cement Company.

This agreement represents a strategic step toward strengthening trust between the public and private sectors, closing pending disputes between companies and government entities. It serves as an advanced model for facilitating investment procedures and safeguarding the rights of both the state and investors. The settlement also enables companies to make investment decisions more swiftly, thereby contributing to improving the investment climate and encouraging both local and foreign capital to inject new investments into Egypt—positively impacting production rates, job opportunities, and economic growth.

The agreement also reflects the state’s commitment to ensuring the continuity of production activities of cement and building materials companies, given their strategic importance in meeting local market needs for essential materials and supporting major development projects across various sectors.

The Minister of Local Development visits Cairo University and witnesses, with the University President, the signing of a cooperation protocol with the Faculty of Commerce to qualify and train local cadres.

Dr. Manal Awad, Minister of Local Development and Acting Minister of Environment, visited Cairo University, where she was received by Dr. Mohamed Sami Abdel-Sadek, President of the University; Dr. Mahmoud El-Saeed, Vice President for Postgraduate Studies and Research; Dr. Ahmed Ragab, Vice President for Education and Student Affairs; Dr. Mohamed Hussein Refaat, Vice President for Community Service and Environmental Development; Dr. Lobna Farid, Dean of the Faculty of Commerce; Dr. Mohamed Mansour Heiba, Media Advisor to the University President and official spokesperson; and Dr. Essam El-Gohary, Assistant Minister for Training, Development, and Digital Transformation.

The meeting between the Minister and the University President reviewed areas of joint cooperation, foremost among them the cooperation protocol between the Ministry’s training sector—represented by the Local Development Training Center in Saqqara—and the Faculty of Engineering to provide engineering and technical consultancy to the center.

The meeting also discussed future cooperation between the Ministry and Cairo University’s faculties and centers, benefiting from the university’s scientific and educational expertise, research studies, and student graduation projects that could help solve problems and challenges relevant to the work of the Ministries of Local Development and Environment.

Dr. Manal Awad expressed her pleasure at being at Cairo University, describing it as a prestigious scientific institution and beacon of knowledge, celebrating a new and bright step in the partnership between government and academia. She emphasized the Ministry’s recognition of the importance of science and knowledge in driving development, giving special attention to engaging with the academic community—particularly Cairo University’s faculties—in fields relevant to local development, environment, and Egypt’s governorates. She welcomed any ideas or proposals that could contribute innovative solutions to service-related issues affecting citizens’ lives.

Dr. Mohamed Sami Abdel-Sadek affirmed that the protocol signing is part of the university’s strategy to strengthen partnerships with state institutions, harnessing its scientific and research capabilities to serve society and build cadres capable of leading development efforts in the governorates. He added that Cairo University is ready to mobilize its faculties, institutes, and research centers to support the plans of the Ministries of Local Development and Environment, actively participate in presidential initiatives and development projects, and organize health and awareness convoys in various areas.

In this context, Dr. Manal Awad and Dr. Mohamed Sami Abdel-Sadek witnessed the signing ceremony of a joint cooperation protocol between the Saqqara Local Development Training Center and the Faculty of Commerce, Cairo University. The protocol was signed by Dr. Essam El-Gohary, Assistant Minister for Training, Development, and Digital Transformation and Supervisor of the Saqqara Center, and Dr. Lobna Farid, Dean of the Faculty of Commerce, in the presence of several university leaders.

The Minister highlighted the Ministry’s keenness to benefit from Cairo University’s specialized academic expertise, noting that cooperation will be expanded in the coming period. She explained that the protocol aims to collaborate in implementing joint training activities, providing experts, trainers, and specialized academic and administrative cadres to participate in accredited training programs at the Saqqara Center, according to the center’s needs. It also includes applying joint training programs, qualifying and developing local administration cadres, and utilizing the Faculty of Commerce’s training infrastructure for exams, training programs, or workshops coordinated between both sides.

Dr. Manal Awad added that the protocol also aims to develop the content of current training programs at the Saqqara Center, design new programs in priority areas aligned with modern administrative development requirements, and reflect the rapid changes in governmental and private work environments. It also includes participation in community and educational activities implemented by the Ministry to serve society, and cooperation in activities related to local and urban development within the university’s scope.

She expressed sincere thanks and appreciation to Cairo University, its President, and the Faculty of Commerce staff for their strong interest and genuine commitment to cooperating with the Ministry and contributing effectively to building local administration capacities.

Dr. Lobna Farid, Dean of the Faculty of Commerce, confirmed the faculty’s readiness to provide experts and specialized academic and administrative cadres to implement training programs according to the latest scientific curricula, supporting government development plans and local development goals. She expressed gratitude to the Minister for choosing the Faculty of Commerce to support the Ministry’s vision and efforts in qualifying and developing local administration cadres in cooperation with the Saqqara Training Center.

She added that the faculty is prepared to coordinate with the Ministry to provide academic and administrative cadres for training programs within the local administration training plan, as well as mobilize its scientific centers to implement training-related activities and support integrated development in the local community. The faculty is ready to harness all its human and scientific resources to serve this protocol, achieving the government’s vision of qualifying the state’s administrative apparatus.

Dr. Essam El-Gohary, Assistant Minister for Training and Development, explained that the training sector and the Saqqara Center are key pillars in raising the efficiency of the state’s administrative apparatus, especially at the local administration level. The center aims to develop employees’ skills and qualify middle and senior leaders in the governorates through specialized and comprehensive training programs. He added that ministerial initiatives and directives for human development, under the training development plan, ensure the Saqqara Center remains flexible and regularly updated to meet institutional development needs. The center also prioritizes training quality, inclusion of people with disabilities, and effective mechanisms to measure training outcomes, making it a national model in human capacity development at the local administration level.

Showcasing the ministry’s strategy and the latest developments in Egypt’s tourism and antiquities sector

Mr. Sherif Fathy:

Egypt is a well-established tourist destination, rich in diversity that qualifies it to be the world’s number one in terms of variety.

Work is underway to develop all tourism products and link/merge more than one product into a single tourism experience in cooperation with local and international tour operators and travel companies.

Egypt’s tourism industry is strong and capable of rapid recovery.

Under the title “The Future of Tourism in Egypt: Opportunities and Challenges”, Mr. Sherif Fathy, Minister of Tourism and Antiquities, participated yesterday evening as keynote speaker in the seminar organized by the Canadian-Egyptian Business Council and the Egyptian Council for International Cooperation. The event was attended by Engineer Moataz Raslan, Chairman of the Canadian-Egyptian Business Council, and moderated by Mr. Magid El-Menshawy, Chairman of the Holding Company for Tourism.

At the start of his speech, Minister Sherif Fathy expressed his pleasure at the invitation, describing it as a valuable opportunity to review and discuss the latest developments in Egypt’s tourism and antiquities sector. He outlined the ministry’s current strategy, which focuses on highlighting Egypt’s unmatched diversity in tourism resources, products, and styles under the slogan “Unmatched Diversity”, stressing that Egypt is a firmly established destination and that this diversity qualifies it to be the world’s leading destination in terms of variety.

He explained that within this strategy, work is ongoing to develop all tourism products and styles, as well as to link and integrate multiple products into one tourism experience in cooperation with tour operators and companies, thereby attracting tourists to new tourism styles alongside the traditional ones. He noted that Egypt’s rapidly developing infrastructure, especially the road network, will greatly support this tourism integration.

The Minister emphasized that Egypt’s tourism industry is strong and resilient, capable of quick recovery after crises. He pointed out that inbound tourism to Egypt grew by 7% last year despite regional geopolitical conditions, and this year has seen notable growth in tourist arrivals and spending. He expects that by the end of the year, Egypt will welcome nearly 19 million tourists from various markets.

He referred to his recent visit to the United States to attend the USTOA 2025 Annual Conference, noting that the American market has seen a nearly 20% increase in tourist arrivals since the beginning of the year, with expectations of continued growth next year.

Based on current and future forecasts, Egypt is now expected to reach its tourism target of 30 million tourists by 2030, one year earlier than planned (2031), provided current trends continue. He added that work is underway to expand hotel capacity, airline seats, and airport facilities to accommodate the targeted tourist numbers.

The Minister explained that the ministry’s promotional plan now relies on artificial intelligence technologies, noting that the Egyptian Tourism Promotion Authority has developed a comprehensive marketing plan tailored to each market, with specific timelines, enabling more effective targeting of tourist segments.

He highlighted the growing demand for Egypt’s cultural tourism product, noting an increase of about 4 million visitors to Egyptian museums and archaeological sites from abroad—a strong indicator of rising interest in this unique tourism offering. He spoke about the Grand Egyptian Museum and its opening ceremony, which reflected Egypt’s stature and the leadership’s great attention to this cultural landmark. The museum has seen unprecedented turnout from both Egyptians and foreigners in its first days of opening. The ministry is working to regulate visitor numbers and study visitor flow to ensure a high-quality experience, applying timed entry slots and electronic booking systems.

He expressed his delight at the strong interest in the museum, especially from Egyptians and school trips. He noted the launch of the “Rahlat” platform, dedicated to booking school trips to museums and archaeological sites, helping raise cultural and heritage awareness among students.

He also spoke about the development of the Giza Pyramids area to improve the quality of the tourist experience and services, ensuring a balance between offering a distinguished tourism product and preserving the heritage. He stressed that any archaeological site is first and foremost a heritage monument before being a tourist destination, and thus must be respected and preserved as a national duty and shared responsibility.

The Minister pointed out that Egypt has important projects in the field of antiquities, with the Supreme Council of Antiquities implementing 40–50 restoration and maintenance projects annually across museums and archaeological sites nationwide, regardless of visitor numbers, with priority always given to protecting and preserving sites for future generations.

In his remarks, Engineer Moataz Raslan, Chairman of the Canadian-Egyptian Business Council, welcomed the Minister and attendees, expressing deep appreciation for Minister Sherif Fathy’s participation and presentation of achievements. He noted that the record-breaking tourism figures this year are clear evidence that Egypt is moving in the right direction despite unprecedented challenges faced by the sector in recent years. He highlighted the Grand Egyptian Museum as not just a museum, but a message that Egypt is presenting its history in a more impressive, human, and contemporary way, enhancing Egypt’s global tourism standing.

He concluded by affirming that Egypt possesses all the elements to be a global tourism powerhouse, especially with full support from the political leadership. The seminar was attended by current and former governors, ambassadors of several countries in Cairo, business leaders, investors, and international partners.

Also present were Dr. Ahmed Ghoneim, CEO of the Grand Egyptian Museum Authority; Dr. Mohamed Ismail, Secretary-General of the Supreme Council of Antiquities; Engineer Ahmed Youssef, CEO of the Egyptian Tourism Promotion Authority; Major General Hesham Shaarawy, Chairman of Konooz Misr Company for Archaeological Models; Engineer Mostafa Al-Din Imam, Assistant Minister for the Minister’s Office Affairs; Ms. Rana Gouhar, Minister’s Advisor for Communication and Foreign Relations and General Supervisor of the International Relations and Agreements Department; and Mr. Ahmed Nabil, Minister’s Assistant for Aviation and Follow-up.

Youm7

The Printing and Packaging Industries Chamber organized today an extensive seminar at the headquarters of the Egyptian Organization for Standardization and Quality, as part of its efforts to promote a culture of quality within the sector and introduce the latest Egyptian and international standards related to inks and printing methods. The seminar was attended by a number of experts, specialists, and officials from relevant authorities.

The Chamber had previously announced the workshop titled “Standards and Quality: TC 130 Printing Methods Standard”, which aims to raise awareness of international printing standards—whether offset, digital, flexographic, or rotogravure—and to apply the provisions of these standards within factories and printing houses to improve quality and productivity.

In his speech during the seminar, Engineer Atef Ibrahim, Executive Director of the Printing and Packaging Industries Chamber, stressed that developing quality systems in the sector is no longer optional but a necessity to increase the competitiveness of Egyptian products locally and for export. He added: “Through this workshop, we aim to familiarize Chamber members and stakeholders with the latest global standards, because print quality is a continuous process that seeks to elevate production levels in line with ISO specifications.”

The seminar was attended by leaders of the Egyptian Organization for Standardization and Quality, where Dr. Khaled Sufi, Chairman of the Organization, reviewed efforts to update the national standards system and align it with international standards, thereby supporting the competitiveness of Egyptian industry in export markets and enhancing compliance with quality and safety requirements in the printing and packaging sectors.

The program included a detailed presentation on the role of technical committees in preparing standards, as well as a review of the outcomes of the ISO TC 130 International Printing Committee meetings and the latest standards issued in 2025, with a focus on ink specifications, printing technologies, and color quality measurements.

Several members of the Egyptian technical committee from the Organization for Standardization and Quality provided an expanded explanation of how to apply the provisions of the standard within printing houses to ensure improved production levels and customer satisfaction, in addition to reviewing safety and quality requirements for inks and materials used.

In the final session, officials from the General Administration of Quality presented mechanisms for granting conformity certificates to local products in accordance with Egyptian standards, clarifying inspection and technical follow-up procedures.

The seminar concluded with an open discussion between manufacturers and experts, focusing on the challenges facing the sector and ways to enhance alignment with international standards, which would contribute to increasing exports and improving the quality of products available in the local market.

Youm7

The Central Agency for Public Mobilization and Statistics (CAPMAS) issued on Wednesday the monthly bulletin of foreign trade data for September 2025.

The trade balance deficit reached USD 3.3 billion in September 2025, compared to USD 4.5 billion in the same month of the previous year, marking a 27.6% decrease.

The value of exports increased by 28.2%, reaching USD 4.9 billion in September 2025, compared to USD 3.8 billion in the same month of the previous year.

This rise was mainly due to higher export values of:

Ready-made garments (+27.4%)

Pasta and various food preparations (+23.9%)

Fresh fruits (+40.8%)

Crude oil (+26.6%)

Meanwhile, the value of some exports declined compared to the same month last year, including:

Petroleum products (-31.6%)

Fertilizers (-3.3%)

Plastics in primary forms (-10.5%)

Dry legumes (-24.9%)

The value of imports decreased by 2.0%, reaching USD 8.2 billion in September 2025, compared to USD 8.4 billion in the same month of the previous year.

This decline was due to lower import values of:

Petroleum products (-25.4%)

Wheat (-3.1%)

Plastics in primary forms (-16.6%)

Pharmaceuticals and medical preparations (-22.7%)

On the other hand, imports of some goods increased compared to the same month last year, including:

Natural gas (+61.0%)

Raw materials of iron or steel (+10.4%)

Corn (+104.9%)

Passenger cars (+37.0%)

News Attachment in Arabic (55 KB)
News Attachment in English (14 KB)

Youm7

Captain Ahmed Gamal, Vice Chairman of the General Authority of the Suez Canal Economic Zone, stated that the laying of the foundation stone for the Shin Ming Glass Production Project in Ain Sokhna—affiliated with El Sewedy Industrial Development Company—reflects investors’ confidence in Egypt’s investment climate, and marks the continuation of executive steps to begin production in the near future.

During the foundation stone ceremony for the Chinese company Shin Ming’s glass production project this morning, Ahmed Gamal added that the new project demonstrates the growing cooperation between the Economic Zone and Chinese companies across many sectors, including chemicals, textiles, and manufacturing industries, making the Suez Canal Zone a hub for high-value investments.

For his part, Mohamed El-Qammah, Managing Director of El Sewedy Industrial Development Company, explained that the new project covers an area of 163,000 square meters to produce glass beverage containers for pharmaceutical industries, with investments totaling USD 70 million, distributed over three phases.

El-Qammah pointed to the state’s successful efforts in improving Egypt’s investment climate, enabling industrial projects to operate and grow efficiently. He also noted the increasing interest of Chinese companies in investing in the Suez Canal Economic Zone in recent years.

Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, received a high-level delegation from the European Bank for Reconstruction and Development (EBRD). The delegation included Ms. Natalia Lacurzana, Regional Head of the Natural Resources Sector at the Bank; Mr. Amr Salem, Head of Investment for the Petroleum and Mining Sector in Egypt; and Ms. Menna Zekrallah, Deputy Head of the Bank in Egypt for the Corporate Sector. The meeting followed up on recent discussions between the two sides in London and reaffirmed the Ministry’s interest in strengthening partnerships with major international financial institutions.

The meeting discussed specific executive steps for proposed cooperation, including the Bank’s interest in financing the national aerial survey project that Egypt intends to launch to explore mining potential across the country. The two sides also explored ways to enhance the investment environment in the petroleum and mining sectors by providing innovative and attractive financing mechanisms for both international and local companies.

The Minister noted that there are prospects for cooperation in several areas, including modernizing the digital infrastructure of the Mineral Resources Authority, developing an advanced database on energy efficiency, and implementing training programs for employees in the Mineral Resources Authority and mining industries.

For her part, Ms. Natalia Lacurzana highlighted the Bank’s strong record of cooperation with the petroleum sector, including technical and financial support for major projects to improve energy efficiency in companies, support efforts to reduce carbon and emissions, and financing and launching an advanced program for human capacity development. She also expressed readiness to finance the sustainable aviation fuel production project currently being developed by the sector, which will be the first of its kind in Egypt and the region.

The meeting was also attended by Engineer Yass Mohamed, First Undersecretary of the Ministry and Supervisor of Environment, Occupational Safety and Health, Energy Efficiency, and Climate, as well as Geologist Yasser Ramadan, Chairman of the Mineral Resources Authority and Mining Industries.

Bazaan: “Food Africa clearly reflects Egypt’s progress in food quality and safety.”

Mr. Mahmoud Bazaan, Chairman of the Food Export Council, stated that Egyptian food industry exports reached about USD 5.8 billion during the first 10 months of the year, approaching the total exports of last year, which recorded around USD 6 billion, compared to about USD 5 billion the year before. He confirmed that the sector is steadily moving towards achieving tangible annual increases.

Bazaan emphasized that the Council’s core role is to empower exporters and maximize added value through three main pillars, foremost among them being quality. He stressed that Dr. Tarek El-Houby, Chairman of the National Food Safety Authority, is a key partner in the export growth system, since exporting without quality is no longer possible under international market requirements.

He pointed out that the leap in the quality of Egyptian products is due to clear progress in monitoring, analysis, and inspection systems. The National Food Safety Authority played a pivotal role in boosting external confidence and reducing problems that previously hindered exports, when any complaint or remark could lead to the suspension of entire product categories.

This came during the opening panel discussion organized by Concept Exhibitions & Conferences as part of the 10th edition of the Food Africa International Trade Exhibition for Food and Beverages, inaugurated yesterday morning by the Deputy Prime Minister for Industrial Development and Minister of Transport and Industry, in the presence of a large number of business leaders, experts, and specialists in food industries and agricultural products.

The session included participation from Wolfram Diener, President and CEO of Messe Düsseldorf GmbH; Dr. Tarek El-Houby, Chairman of the National Food Safety Authority; Dr. Sherif El-Gebaly, Chairman of the Chamber of Chemical Industries; MP Abdel Hamid Demerdash, Chairman of the Agricultural Export Council; Engineer Ashraf El-Gazairly, Chairman of the Chamber of Food Industries at the Federation of Industries; Mahmoud Bazaan, Chairman of the Food Export Council; Mohsen El-Beltagy, Chairman of the Haya Horticultural Export Development Association; Engineer Nadim Elias, Chairman of the Printing, Packaging, and Paper Export Council; Engineer Amr Abou Freikha, Board Member of the Engineering Export Council; and Engineer Khaled Abou El-Makarem, Chairman of the Chemicals and Fertilizers Export Council. The session was moderated by Egyptian TV broadcaster Hossam Mahrez.

Bazaan gave a practical example of this leap during Egypt’s participation in the Anuga Exhibition, where the exhibition director expressed amazement at the noticeable improvement in Egyptian product quality. This resulted in an increase in the size of the Egyptian pavilion in the latest edition, with promises of further expansions in upcoming editions. He confirmed this was a direct reflection of improved quality and adherence to standards.

He also highlighted the success of joint efforts in opening and developing markets, noting ongoing work to open new pathways for Egyptian products in the European Union, alongside other specialized initiatives currently underway to enhance competitiveness and translate into accelerated export growth.

Bazaan stressed the importance of developing a methodology for penetrating African markets suited to the nature of food industries. The Council relies on exploratory missions as a first step to study markets and identify real opportunities before accompanying companies, ensuring clear returns for participants. He added that African markets represent a strategic axis in the growth plan, noting that food industry exports to Africa recorded nearly USD 0.5 billion, which the Council sees as evidence of a successful integrated system capable of building on recent achievements.

He explained that the sector has nearly doubled its exports in a short period, rising from USD 3.5 billion in 2020 to nearly USD 7 billion today, considering this leap the result of integrated roles between the private sector and supportive government and regulatory bodies.

The Chairman emphasized that international exhibitions, especially Food Africa, represent a strategic tool to strengthen confidence in Egyptian products. He added that the next phase aims to maximize the added value of products and expand the building of Egyptian brands to raise competitive prices and enhance the global presence of exports.

Bazaan noted that Egypt’s food industry sector is undergoing significant development but still requires a new vision focusing on strengthening the confidence of both producers and consumers, and dealing more professionally with export requirements and global market access. He stressed that the biggest challenge facing factories is the nature of food products themselves, which have limited shelf lives, making it difficult to push unsold goods into new markets without a supportive system to reduce risks.

He explained that success in this sector does not depend solely on importers or distribution networks, but begins and ends with consumer confidence in the product and its quality. He confirmed that Egyptian products have become strong competitors in global markets, with Egypt recording the highest export rates of food products, coinciding with tourism growth—reflecting the quality and competitiveness of national goods.

Regarding market access, Bazaan explained that international exhibitions and trade missions are essential mechanisms to support exports. He stressed the importance of intensifying missions directed to Africa and promising markets, revealing the Council’s efforts in conducting preliminary exploratory missions to identify the best sectors and products suitable for each market, ensuring clear returns for participating companies.

He also reviewed the Council’s efforts in building exporters’ capacities, noting that during the first half of this year, it implemented more than 83 specialized training programs, benefiting over 1,200 trainees in the sector. In addition, weekly online meetings were organized to present the latest information and enable direct dialogue with various government entities. He confirmed that export support is an integrated system involving many bodies, including the Ministry of Industry, Ministry of Investment, Commercial Representation, Ministry of Finance, the Export and Import Control Authority, the Exhibitions Authority, and the Export Development Fund.

Bazaan pointed out that the Council established a new partnership with CIB Bank to support exporters through financing and training programs, in addition to fully digitizing the Council’s activities and providing its services electronically, helping deliver data and information to exporters faster and more accurately.

He highlighted the importance of branding, which has become one of the most critical success factors today. Countries and major companies invest heavily in building brands, and Egypt has begun supporting this through the new export development program, which includes direct support for building the Egyptian brand in global markets—whether in traditional stores or via online platforms.

Company Name : El Arabia Engineering Industries
ISIN Code : EGS3G111C015
Reuters Code : EEII.CA
Content :
A release from the company regarding the lack of a quorum for the Extraordinary General Assembly meeting that was scheduled to be held on 09/12/2025.

Release from the Company (1,195 KB)

The Agricultural Export Council took part in the opening ceremony of the 10th edition of Fresh/Food Africa Exhibition, held at the Egypt International Exhibitions Center in New Cairo. The exhibition runs until Friday, December 12.

The opening was attended by Lieutenant General Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Dr. Tarek El-Houby, Chairman of the National Food Safety Authority, along with senior officials from the Ministry of Investment and Foreign Trade, the Ministry of Agriculture and Land Reclamation, and other service, development, and executive bodies, as well as experts.

In his speech, Abdel Hamid Demerdash, Chairman of the Agricultural Export Council, expressed gratitude to the ministers and officials for their commitment to attending the opening and meeting with Egyptian companies participating in the exhibition. He emphasized that this reflects the Egyptian state’s dedication—through all its institutions and agencies—to supporting Egyptian exports.

He added that the agricultural exports sector is one of the strongest and most capable sectors, being the largest productive sector in Egypt. The sector has achieved significant export leaps in recent years, reaching nearly 7 million tons valued at USD 4.7 billion in the last season.

At the end of his speech, the Chairman praised the remarkable development witnessed by Food Africa year after year. The exhibition now extends over 45,000 square meters across 5 halls, hosting more than 1,000 exhibitors, making it a central platform for international trade in this vital sector.

It is worth noting that the exhibition is organized by Concept Company and IFP Group at the Egypt International Exhibitions Center, with the Agricultural Export Council being one of the strategic partners of the exhibition.

Engineer Sherif El-Sharbeni, Minister of Housing, Utilities, and Urban Communities, held a meeting yesterday evening with officials from the Chinese company CSCEC to follow up on the implementation status of the Central Business District project in the New Administrative Capital, which includes a group of multi-use towers. The meeting was attended by officials from the ministry, the New Urban Communities Authority, and the project’s consulting office.

At the beginning of the meeting, the Minister welcomed the attendees, stressing the importance of the Central Business District project in the New Administrative Capital, which receives great attention and regular monitoring as it is being implemented for the first time in Egypt. He emphasized the need to ensure the highest quality standards in all works and to complete the project according to the designs within the specified timeframe.

The Minister confirmed that the meeting comes within the framework of continuous follow-up of the project, reviewing all details and implementation status, and addressing any obstacles if they arise.

The meeting included a presentation on the remaining works of the project, including civil protection systems in the towers. The Minister directed coordination between the National Housing and Building Research Center and the project team to finalize all outstanding remarks in this regard.

The Minister also reviewed the implementation status of the administrative and residential towers, as well as corrective works in preparation for final handover. The progress of the Iconic Tower was discussed, including interior finishing works and site landscaping, in addition to the status of the Crescent Towers, their interior finishing, and site coordination. The timeline for completing the remaining works was also reviewed.

In this context, representatives of the Chinese company affirmed their full commitment to the specified deadlines according to the schedules, and to resolving all outstanding issues.

Similarly, Engineer Sherif El-Sharbeni followed up on the finishing works of the hotels, the supply of necessary furniture, and the timeline for completing the interior finishes.

It is worth noting that the Central Business District in the New Administrative Capital includes a group of multi-use towers, divided as follows:

10 towers for administrative, office, commercial, and service activities, with a total area of 806,000 m², ranging in height from 80 to 175 meters.

5 residential towers containing 1,700 fully finished housing units, with a total area of 102,000 m², ranging in height from 152 to 200 meters.

The Crescent Towers (4 connected towers) comprising a hotel, serviced apartments, public services, recreational and commercial facilities, with a height of 64 meters.

The landmark of the Central Business District is the Iconic Tower, the tallest tower in Africa, with a height of about 400 meters and multiple functions (hotel, commercial, administrative). It hosts an international hotel operating for the first time in Egypt and Africa, serviced apartments, administrative units, and a commercial area offering business, recreational, commercial, and hospitality services. The tower includes:

40 floors of multi-use office spaces

10 floors of serviced apartments (52 units)

30 floors for the hotel (183 rooms)

With a total built-up area of 266,000 m²

On behalf of the Minister of Investment and Foreign Trade, the Chairman of the Egyptian General Authority for Exhibitions and Conferences, Commercial Minister Plenipotentiary Essam El-Naggar, delivered the opening speech at the 10th edition of Food Africa/Pack Process Exhibition, with the participation of a large number of senior officials, ambassadors, and business community representatives.

Engineer Hassan El-Khatib, Minister of Investment and Foreign Trade, stated that the exhibition represents one of the most important regional platforms specializing in the fields of food industries and agricultural products. He pointed out that the participation of more than 1,200 companies from 45 countries in this edition reflects the significant development achieved by the exhibition since its launch in 2015.

El-Khatib added that international exhibitions have become a key window for promoting Egyptian products and enhancing their competitiveness. Government efforts, in cooperation with export councils and the business community, contributed to food industries and agricultural exports reaching about USD 11 billion in 2024, including the export of 398 products to 167 countries worldwide.

The Minister emphasized that Food Africa Exhibition represents a strategic platform for showcasing investment and trade cooperation opportunities in this vital sector, learning about the latest trends in food quality and safety, and supporting small and medium-sized enterprises (SMEs) by enabling them to expand into international markets.

At the conclusion of his speech, the Minister of Investment and Foreign Trade thanked the organizing bodies for their efforts and distinguished organization, affirming that the continuation of this event contributes to supporting the food and agricultural sectors and strengthening Egypt’s food manufacturing and export efforts.

In a related context, the Egyptian General Authority for Exhibitions and Conferences organized the largest delegation of international buyers this year for Food Africa, comprising more than 250 buyers from around 50 foreign countries, thereby increasing opportunities for broad investment and trade partnerships on the sidelines of the exhibition.

On behalf of the Minister of Investment and Foreign Trade, the Chairman of the Egyptian General Authority for Exhibitions and Conferences, Commercial Minister Plenipotentiary Essam El-Naggar, delivered the opening speech at the 10th edition of Food Africa/Pack Process Exhibition, with the participation of a large number of senior officials, ambassadors, and business community representatives.

Engineer Hassan El-Khatib, Minister of Investment and Foreign Trade, stated that the exhibition represents one of the most important regional platforms specializing in the fields of food industries and agricultural products. He pointed out that the participation of more than 1,200 companies from 45 countries in this edition reflects the significant development achieved by the exhibition since its launch in 2015.

El-Khatib added that international exhibitions have become a key window for promoting Egyptian products and enhancing their competitiveness. Government efforts, in cooperation with export councils and the business community, contributed to food industries and agricultural exports reaching about USD 11 billion in 2024, including the export of 398 products to 167 countries worldwide.

The Minister emphasized that Food Africa Exhibition represents a strategic platform for showcasing investment and trade cooperation opportunities in this vital sector, learning about the latest trends in food quality and safety, and supporting small and medium-sized enterprises (SMEs) by enabling them to expand into international markets.

At the conclusion of his speech, the Minister of Investment and Foreign Trade thanked the organizing bodies for their efforts and distinguished organization, affirming that the continuation of this event contributes to supporting the food and agricultural sectors and strengthening Egypt’s food manufacturing and export efforts.

In a related context, the Egyptian General Authority for Exhibitions and Conferences organized the largest delegation of international buyers this year for Food Africa, comprising more than 250 buyers from around 50 foreign countries, thereby increasing opportunities for broad investment and trade partnerships on the sidelines of the exhibition.