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Author Archives: enterpriseam admin
Posted inPolitics
El Sisi expected to claim overwhelming victory in presidential ballot as vote count begins
Just hours into the count, local media are reporting sweeping wins for the president in some districts
Posted inDevelopment finance
EBRD delivers on UMC’s USD 50 mn loan, mulls two loans to aiBank
The lender is weighing two loans to aiBank worth USD 35 mn for on-lending to agribusiness and green projects
Posted inManufacturing
Polaris Parks earmarks EGP 6 bn for New October City industrial zone
Polaris Parks is getting serious about its New October industrial zone: Industrial real estate developer Polaris Parks has allocated EGP 6 bn (USD 194 mn) to establish an industrial zone in New October City, the company’s general manager Bassel Shoirah told Al Arabiya. What’s next: The company has made an advanced payment for the land […]
Posted inDEBT WATCH
Soda ash cash
The government’s soda ash project is still a go: The state-ownedcompany leading a project to build a soda ash complex wants to obtain a USD 450 mn loan to fund the project, reports Asharq Business, citing two sources it says are in the know. The Egyptian Soda Ash Company is in talks with a syndicate […]
Posted inWAR WATCH
Israel, US isolated as UN General Assembly overwhelmingly backs Gaza ceasefire
More than three-quarters of the 193-member assembly called for an immediate ceasefire
Posted inLAST NIGHT’S TALK SHOWS
Another night of breathless election coverage on the airwaves
Election fever continued on the airwaves for a third night of breathless coverage yesterday: Everyone had coverage of the National Elections Authority presser (watch, runtime: 18:17) announcing the start of the vote count, and representatives of the four campaigns passed comment on the vote on Kelma Akhira (watch, runtime: 7:47 | 4:07 | 4:24 | […]
Posted inEGYPT IN THE NEWS
Global press calls election for El Sisi
The foreign press is calling the election for President El Sisi, six days ahead of the official announcement: El Sisi is “cruising” to a third term in office, writes Reuters, while the Associated Press says he’s “almost certain” to win. There’s “no suspense over the winner,” declares a headline in the New York Times. Meanwhile-Bloomberg […]