{"id":661482,"date":"2025-02-27T00:00:00","date_gmt":"2025-02-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/madbouly-inaugurates-two-new-facilities-in-ain-sokhna\/"},"modified":"2025-02-27T00:00:00","modified_gmt":"2025-02-27T00:00:00","slug":"madbouly-inaugurates-two-new-facilities-in-ain-sokhna","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/madbouly-inaugurates-two-new-facilities-in-ain-sokhna\/","title":{"rendered":"Madbouly inaugurates two new facilities in Ain Sokhna"},"content":{"rendered":"

Good afternoon all you wonderful people, and happy Thursday. <\/strong>We have another busy issue for you, with the latest on two new SCZone factory openings, extreme heat\u2019s impact on your epigenetic age, and the increasingly large premium we\u2019re paying for silence.<\/p>\n

\n

THE BIG STORY TODAY<\/p>\n

Madbouly inaugurates new factory, factory expansion, in SCZone\u2019s Sokhna <\/strong>Industrial Zone: <\/strong>Prime Minister Moustafa Madbouly inaugurated a new EUR 80 mn medical and industrial gas production factory established by French multinational Air Liquide in the Suez Canal Economic Zone\u2019s (SCZone) Sokhna Industrial Zone, according to a cabinet statement<\/a>. The factory \u2014 which began full scale operation last August \u2014 specializes in the production of oxygen, nitrogen, and argon with a daily gas output capacity of nearly 1.2k tons.<\/p>\n

The PM also inaugurated the expansion of a cement board and wall manufacturing <\/strong>facility <\/strong>run by CBoard, a member of Saudi construction materials manufacturer conglomerate Beam<\/a>, according to a separate cabinet statement<\/a>. The newly inaugurated expansion includes a cement board plant with a price tag of USD 25 mn and a gypsum board manufacturing facility for USD 15 mn, bringing total investments in the facility to USD 100 mn. Half of the company\u2019s production is set for export.<\/p>\n

\n

THE BIG STORY ABROAD<\/p>\n

The int\u2019l headlines continue to be dominated by developments in US president Donald <\/strong>Trump\u2019s America<\/strong>, with news that US Supreme Court chief justice John Roberts has temporarily halted a federal judge\u2019s order for the Trump administration to release frozen foreign funds<\/a> for US development contractors and aid recipients. Roberts did not offer a rationale for the decision, though it\u2019s expected to give the conservative-dominated Supreme Court time to review the case. <\/p>\n

Over in Turkey, US and Russian diplomats are meeting to discuss embassy disputes. <\/strong>This marks another step in a broader effort to improve relations under Trump\u2019s administration and negotiate an end to the war in Ukraine, Reuters<\/a> reports. <\/p>\n

AND OVER IN BUSINESS NEWS- <\/strong>Microsoft is reportedly set to urge<\/a> the Trump administration to relax AI chip export restrictions for US allies imposed by the Biden administration.<\/p>\n

\n
\n
\n
\n

Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

** CATCH UP QUICK<\/strong> on the top stories from today\u2019s EnterpriseAM:<\/strong><\/p>\n