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New Cairo: Country: Egypt: Inaugurated: December 3, 2018 () Next event: 4–7 December 2023: Attendance: 34,000 (2021) Organized by: Arabian World Events in coordination with the Egyptian Armed Forces and Ministry of Military Production: Website: egyptdefenceexpo.com
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
The company owns the largest factory in Egypt, today employing over 25,000 workers. The Misr Spinning and Weaving Company was founded in 1927 by a group of Egyptian businessmen in collaboration with the Misr Bank, facing Mahalla's Tal‘at Harb Square in El-Mahalla El-Kubra. [ 2 ]
Location of Egypt. Egypt is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.Egypt's economy depends mainly on agriculture, media, petroleum imports, natural gas, and tourism; there are also more than three million Egyptians working abroad, mainly in Saudi Arabia, the Persian Gulf and Europe.
The city of Obour is a major industrial city, with an industrial activity area of 3.7 thousand acres. The 432 productive factories, with investments of 4.69 billion pounds, provide 34.4 thousand job opportunities. The 552 factories are under construction with investments of 1.2 billion pounds and 19.5 thousand job opportunities.
New Cairo (Arabic: القاهرة الجديدة el-Qāhera el-Gedīda) is a satellite city within the metropolitan area of Cairo, Egypt.Administratively, it is part of the Eastern Area of Cairo, [2] administered by the New Urban Communities Authority. [3]
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Badr (Arabic: بدر pronounced) is a satellite city in the Eastern Area of Cairo, Egypt. [3] It was planned and is administered by the New Urban Communities Authority (NUCA). [ 4 ] Badr was established in 1982 according to Prime Ministerial Decree 235/1982 allocating NUCA 3000 acres in the Eastern Desert on the Cairo-Suez Highway.