By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
    World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
    March 28, 2023
    EFG Hermes closes EGP 193.65m securitized bond issuance for Premium International
    March 28, 2023
    Australian government strikes deal on climate policy
    Australian government strikes deal on climate policy
    March 28, 2023
    EGX signs MoU to expand scope of regional climate action
    EGX signs MoU to expand scope of regional climate action
    March 28, 2023
    Gold prices drop 1% globally due to measure to contain SVB crisis: Gold Bullion
    Gold prices drop 1% globally due to measure to contain SVB crisis: Gold Bullion
    March 28, 2023
  • Politics
    PoliticsShow More
    Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
    Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
    March 28, 2023
    Kenyan police clash with anti-government protesters
    Kenyan police clash with anti-government protesters
    March 28, 2023
    Russia to stay in World Trade Organization: Russian diplomat
    Russia to stay in World Trade Organization: Russian diplomat
    March 28, 2023
    Israeli PM calls for calm amid turmoil over government's judicial overhaul
    Israeli PM calls for calm amid turmoil over government’s judicial overhaul
    March 28, 2023
    Libyan parties agree to unify all state institutions: UN
    Libyan parties agree to unify all state institutions: UN
    March 28, 2023
  • Interviews
    InterviewsShow More
    Developers have to offer innovative products, state should provide more facilities to stimulate industry: Kareem Mamoun
    Developers have to offer innovative products, state should provide more facilities to stimulate industry: Kareem Mamoun
    March 27, 2023
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    March 15, 2023
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    March 12, 2023
    EGX ready for government’s IPOs programme: Chairperson
    EGX ready for government’s IPOs programme: Chairperson
    February 15, 2023
    British International Investment invests $4.5bn in 700 businesses across Africa: Sherine Shohdy
    February 15, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Petroleum Minister receives Methanex Corporation delegation in Cairo
Share
Notification
Latest News
World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
Business
EFG Hermes closes EGP 193.65m securitized bond issuance for Premium International
Business
Australian government strikes deal on climate policy
Australian government strikes deal on climate policy
Business
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
World Politics
Kenyan police clash with anti-government protesters
Kenyan police clash with anti-government protesters
World Politics
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Petroleum Minister receives Methanex Corporation delegation in Cairo
Business

Petroleum Minister receives Methanex Corporation delegation in Cairo

Daily News Egypt
Last updated: 2022/03/15 at 11:59 PM
By Daily News Egypt 3 Min Read
Share
SHARE

Minister of Petroleum and Mineral Resources Tarek El-Molla received a delegation from Methanex Corporation, which invests in the Egyptian petrochemical industry through a methanol production plant in Damietta governorate.

El-Molla explained the Egyptian petroleum sector’s keenness on the existence of effective community participation for companies operating in Damietta.

“In this context, the need to unify efforts and coordination between Methanex, MOPCO, and Segas in joint initiatives to serve the local community in Damietta in order to create a greater and more efficient role of companies in the governorate and achieve the greatest benefit to its people,” said El-Molla.

He highlighted the importance of the Methanex project to qualify young people for the labour market, which is in line with the vision and basic values of the project to develop and modernise the petroleum sector, which focuses on benefiting from the energies of youths by training and qualifying them.

El-Molla further stressed the need to work to increase awareness among young trainees on how to apply occupational safety and health rules in the work environment.  He also emphasised the importance of organising workshops related to the field in which they are rehabilitated to support their readiness to enter the labour market.

Mohamed Shendi — the Managing Director of Methanex Egypt — explained that, in 2019, the company signed a partnership agreement with the International Labour Organisation to extend the scope of the organisation’s main project, ‘Decent Jobs for Egypt’s Youths in Damietta’, where the Methanex methanol plant is located. Methanex Egypt also made a contribution of $1m to the International Labour Organisation within the framework of this project.

He added that the project aims to support entrepreneurship and qualify young people to enter the labour market and has succeeded since 2019 in empowering more than 1,000 young men and women from Damietta through its ‘Start and Improve Your Business’ and ‘Job Search Clubs’ programmes. 

This is in addition to the ‘Women of Small Businesses are Moving Forward’ programmes, which is part of the Decent Life Presidential Initiative, which contributed to creating about 515 job opportunities.

You Might Also Like

World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate

EFG Hermes closes EGP 193.65m securitized bond issuance for Premium International

Australian government strikes deal on climate policy

EGX signs MoU to expand scope of regional climate action

Gold prices drop 1% globally due to measure to contain SVB crisis: Gold Bullion

TAGGED: Methanex Corporation, petroleum minister
Share this Article
Facebook Twitter Email Print
Previous Article Sherif Lokman, Deputy Governor of the Central Bank of Egypt (CBE) for Financial Inclusion Egypt focuses on MSMEs as they represent 98% of private sector: CBE
Next Article Sahl app recharges electricity metres using NFC for first time in Egypt
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
Business
EFG Hermes closes EGP 193.65m securitized bond issuance for Premium International
Business
Australian government strikes deal on climate policy
Australian government strikes deal on climate policy
Business
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
World Politics
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?