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The name of the factory was changed to Heliopolis Company for Military and Civil Chemicals (formerly Military Factory 81) as a joint-stock company in November 1963 in accordance with the decision of the Board of Directors of the Egyptian General Corporation for Military Factories No. 233 of 1963, and registration was made in the commercial ...
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.
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]
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 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]
Al Qahera Al Youm (Arabic: القاهرة اليوم, English: Cairo Today) is an Egyptian live television talk show that broadcasts nearly throughout the year from the 6th of October studios located in Cairo. Al Qahera Al-Youm is one of the most popular and influential shows in the Middle East with millions of viewers world wide. [1]
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Manufacturing Commercial Vehicles (MCV) is an Egyptian manufacturer for buses and trucks. The manufacturing plant is located in El Salheya El Gedida ("New Salheya"), with the head office in Obour City, near Cairo. The manufacturer owns the trademark rights of the brands ECHOLINE, eVolution and MCV.