In recent hours, Banker has monitored a number of files on the local and international scene, which were published on its various platforms.
The beginning with an important economic event in Egypt, which is the delivery by Al-Nasr Automotive Company, of the first batch of Nasr Star buses manufactured within Al-Nasr Automotive Company with a 70% local component, to operate within the city of New Alamein.
The Nasr Star bus is manufactured within Al-Nasr Automotive Company, in cooperation with General Motors Egypt, where a celebration is being organized today on the sidelines of the delivery of the first batch in the presence of Engineer Mohamed Shimi, Minister of the Public Business Sector.
The celebration program includes introductory segments about the two companies and a quick tour of the minibus production line, followed by the official handover ceremony and brief speeches for attendees.
Nasr Star buses were recently added to be manufactured within the company, with a design capacity of up to 500 minibuses annually, with a local component percentage exceeding 70%, and running on regular fuel.
Al-Nasr Automotive Manufacturing Company, affiliated with the Holding Company for Metallurgical Industries, one of the companies of the Ministry of Public Business Sector, continues the process of production and development one year after celebrating the revival of this industrial edifice and its restart in November 2024 after a hiatus that lasted more than 15 years, as the company turned – for the first time in decades – from loss to profit, and achieved during the fiscal year 2024-2025, a net amounting to about 35 million pounds.
The following news in Live Today about Lieutenant General Engineer Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, during his visit to the Port of Sokhna, received from Kanzi Al-Dafrawi, the authorized arbitrator of Guinness World Records, the Guinness World Records certificate for the Port of Sokhna as the deepest man-made port basin, originating on land at a depth of 19 metres.
During his speech, the Minister affirmed his great happiness with this great global achievement, which reflects and embodies the extent of the great development that Egypt is currently witnessing in all fields, including the maritime transport sector, stressing that he and all the workers at Sokhna Port and the Ministry of Transport dedicate this great achievement to President Abdel Sisi and the great Egyptian people.
The minister said that had it not been for the political will of President Abdel Fattah El-Sisi, his directives, and his continuous and diligent follow-up, this global achievement would not have been achieved in the Port of Sokhna. It is a source of pride and happiness that this great achievement has been achieved by the hands of workers, engineers, and specialized Egyptian national companies, which every day present a new achievement inside and outside Egypt, which embodies the skill and ingenuity of Egyptian workers and engineers and their ability to achieve achievements in various fields, pointing to the active participation of more than 200 Egyptian national companies in this achievement. Global, thanks in advance to Prime Minister Dr. Mostafa Madbouly, the Egyptian government, and the economic zone.
Kamel Al-Wazir added that this major development witnessed by the Port of Sokhna comes within the framework of the directives of President Abdel Fattah El-Sisi on the importance of taking advantage of Egypt’s unique geographical location on the Red and Mediterranean Seas and the presence of the most important global shipping lane in it, which is the Suez Canal, and the necessity of transforming the Port of Sokhna into a global hub port on the Red Sea, to be a main gateway on the eastern coast of the Egyptian state that serves the movement of exports and imports and enhances Egypt’s position on the global trade map and reaching the main goal, which is “transforming Egypt into a regional center for transport, logistics and trade.” Transit.”
The following news about Fitch’s praise of the Egyptian government’s efforts to enhance health care for vulnerable groups is an acknowledgment of the serious steps taken by the state to ensure that health services reach all citizens, especially the groups most in need.
These efforts include increasing the allocations for comprehensive health insurance in its second phase, which exceeded 115 billion pounds in five governorates, in addition to expanding coverage through automatic registration of those unable to enter the comprehensive health insurance system, which reflects the government’s commitment to promoting equality and ensuring the provision of health protection to vulnerable groups without placing any additional burden on them.
