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An example of sound policy — gov’t to set incentives for plastic producers to curb production of single-use bags: The Environment Ministry is working on a strategy to curb the use of single-use plastic bags, whose local production has reached 2 mn tonnes per annum, Al Mal reported. The ministry is working with the Trade […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Egypt’s Nile water flows could fall by 25% in 15 years
THIRST WATCH- Flows from the Nile into Egypt could drop by as much as 25% in the next 15 years, a new study by Dartmouth College researchers suggests. The study, published in late August, throws into sharp relief the scale and impact of impending water shortages, driven by climate change and population growth. Egypt gets […]
Posted inSpeed Round
Helios Towers seeking premium listing on LSE
South African MNO Helios Towers is seeking a premium listing on the London Stock Exchange, with the IPO expected to reel in USD 125 mn in proceeds, according to the company’s ITF (pdf). The final share price for the telecoms firm’s resurrected IPO will be determined following the bookbuilding process next month. The company said […]
Posted inSpeed Round
Madbouly appoints El Gohary to head ISDC, Hassan as cabinet sec-gen assistant
MOVES- Prime Minister Moustafa Madbouly has appointed Osama El Gohary as head of cabinet’s Information and Decision and Support Center (ISDC), according to an official statement. Alongside retaining his post as an assistant to the prime minister, Gohary — an AUC grad who completed postgraduate studies in Scotland and the US — will be at […]
Posted inUncategorized
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Posted inImage of the Day
Ancient Egypt: home of the first recorded labor strike
Ancient Egyptians could have invented the picket line: What you are seeing above could be the first recorded labor strike, which occurred in Ancient Egypt in 1159 BC under Ramesses III, according to Business Insider Singapore. Tomb-builders and artisans began complaining of month-long payment delays as they prepared for a festival to honor Ramesses III. […]
Posted inEGYPT IN THE NEWS
Egypt in the news on 19 September 2019
It’s another quiet morning for Egypt in the foreign press. Perhaps the only story worth a skim this morning is a piece by the Guardian featuring Egyptian director Wael Shawky’s film trilogy, Cabaret Crusadesas number 7 of 25 in its list of Best Art of the 21st Century. Shawky was loosely inspired by Lebanese writer […]
Posted inWorth watching
Vox’s new Netflix show lays out how our minds work and it’s fascinating
DOCUMENTARY OF THE WEEK — Vox’s new five-part Netflix series The Mind: The mind is so complex, sometimes it feels like we need a good old-fashioned Netflix documentary series to help us digest its intricacies. That’s why we highly recommend Vox’s new five-part series The Mind, Explained (watch trailer, runtime: 1:12). The series explores everything […]
Posted inEnergy
SDX Energy makes new oil discovery in West Gharib concession
SDX Energy has made an oil discovery in the West Gharib concession, the North Africa-focused company said in a statement. At 4,665 feet deep, the well has been “connected to the central processing facilities at Meseda” and brought online with an average gross capacity of 315 bbl/d. "We are pleased to announce a further drilling […]
Posted inEnergy
Egypt to issue tender for equipment for Sudan grid connection next month
The Electricity Ministry is planning to issue in mid-October an international tender for a Static VAR compensator for the grid connection project with Sudan, which is slated for completion by the beginning of 2020, sources told Al Mal. Siemens and ABB are expected to make offers in the tender, which Sudan will fund, the sources […]