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Small-scale protests in a number of Egyptian cities on Friday night are leading the conversation on Egypt in the foreign press (Associated Press | Reuters | AFP | New York Times | Financial Times | Wall Street Journal | CNN | BBC | the Guardian). Pundits drew a link to calls for protests by former […]
Author Archives: enterpriseam admin
Posted inWorth reading
No, confidence is not always king
No, confidence is not always king: The mistaken belief that confidence always equals great leadership often results in arrogant men taking top roles they are not well suited to, business psychology professor Tomas Chamorro-Premuzic argues in his book Why Do So Many Incompetent Men Become Leaders? Modern workplace culture tends to prize confidence over virtually […]
Posted inWorth watching
Ethiopia’s Reppie waste-to-energy plant burns rubbish and powers homes
A new waste-to-energy plant, founded in 2018 in Ethiopia, is now burning 80% of Addis Ababa’s garbage, generating electricity to power 30% of the city’s homes, and creating hundreds of jobs, this World Economic Forum video shows (watch, runtime: 04:04). The Reppie plant takes almost 500 mn kgs of garbage per year, keeps it in […]
Posted inDiplomacy + Foreign Trade
Egypt, Hungary ink manufacturing cooperation MoU
Egypt, Hungary ink manufacturing cooperation MoU: Trade Minister Amr Nassar and the Hungarian Foreign Affairs and Trade Ministry’s Parliamentary State Secretary Levente Magyar signed on Thursday an MoU to boost industrial cooperation, cabinet said in a statement. The MoU will see increased cooperation on “joint manufacturing projects, technology transfer, and human resource development,” as well […]
Posted inDiplomacy + Foreign Trade
Iraqis living abroad allow to obtain visas upon arrival in Egypt
Agreement allows Iraqis living abroad to obtain visas upon arrival in Egypt: Egypt and Iraq signed an agreement to allow Iraqis living in the Gulf, the US, Canada, and Europe to obtain visas upon arrival at Egyptian airports, the Iraqi Foreign Ministry said.
Posted inEnergy
EGAS to sign 7 new gas exploration agreements with int’l companies in 4Q2019
State-owned EGAS expects to sign seven new gas exploration agreements with international companies worth at least USD 712 mn during 4Q2019, Chairman Osama El Bakly said, according to a ministry statement (pdf). Companies will drill 23 exploratory wells under the terms of the agreement, he said, without naming the concessions or companies involved. El Bakly […]
Posted inEnergy
Doubts cast on Egypt’s ability to meet its regional gas hub ambitions
Egypt’s existing natural gas infrastructure may not be sufficient to support our export ambitions, Egyptian LNG’s (ELNG) senior optimization manager Tamer Abdelsalam told Houston’s Gastech conference, according to Petroleum Economist. One of Egypt’s two LNG export terminals, at Idku, will return to full capacity next month following years of operating below capacity. However, reopening the […]
Posted inEnergy
BP solar subsidiary Lightsource plans couple of 100 MW projects for Egypt
BP solar energy subsidiary Lightsource is planning “a couple” of 100 MW projects for Egypt as it eyes as much as USD 8 bn-worth of projects across the globe, the company’s CEO Nick Bolye told the National. Egypt’s sunny climate, rising electricity prices, and a large number of “bankable parties” all make it an interesting […]
Posted inEnergy
EETC signs contracts with Xian-led consortium, ABB for transmission stations
The Egyptian Electricity Transmission Company (EETC) signed on Thursday a EGP 587 mn agreement with a consortium made of Xian, XD-Egemac, XD-Shiky, and NCC to develop a turnkey 500/220 kV gas insulated transmission station, according to Ahram Gate. The EETC also signed a separate EGP 80 mn contract with ABB to expand a transmission station. […]
Posted inHealth + Education
Egypt’s universal health insurance to be piloted in Ismailia in January 2020
The government’s universal health insurance scheme will be rolled out in Ismailia in January 2020, officials at the Universal Health Insurance Authority told Egypt Today. Seven hospitals as well as a number of medical units, of which 16 are currently being developed and equipped ready for the new system, will be included in the scheme. […]