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A multi-pronged approach is needed to help Egypt’s auto sector overcome its challenges: The government must combine its plan to provide customs breaks to auto companies with R&D incentives, new licensing regulations, and a comprehensive e-mobility strategy in order to stimulate growth in the lagging auto sector, according to a report (pdf) published by Egyptian […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Israeli gas will arrive in Egypt before the end of the year -El Molla
Egypt will begin receiving natural gas from Israel by the end of 2019, Oil Minister Tarek El Molla said in an interview at the World Energy Congress yesterday, according to Bloomberg. Israel will initially ship some 200 mn scf of gas per day, an amount that will increase to 500 mn scf/d at some point […]
Posted inSpeed Round
Madbouly, industry figures review draft law to regulate real estate developers in Egypt
LEGISLATION WATCH- Cabinet, industry figures review draft law to regulate real estate developers: Prime Minister Moustafa Madbouly, Housing Minister Assem El Gazzar, and representatives from the real estate industry met yesterday to review a draft bill that would regulate developers and the industry, according to a Cabinet statement. No details were provided on the developers’ […]
Posted inSpeed Round
Egypt’s Kijamii and Good People form independent digital media network
STARTUP WATCH- Egypt’s Kijamii and Good People form independent digital media network: Data-driven advertising agency Kijamii and production house Good People are merging to form an independent digital media network, GP&K, the two companies told Startup Scene. They will continue to operate independently but will streamline their services, which are essentially complementary. Good People has […]
Posted inUncategorized
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Posted inImage of the Day
Fin-de-siecle Arab cartoons set the scene for contemporary Middle Eastern comics
Fin-de-siecle Arab cartoons set the scene for contemporary Middle Eastern comics: Early satirical broadsheets — such as this experimental newspaper series by journalist and Egyptian nationalist Yaqub Sanu in the late 19th century — were the precursor of the political cartoons and comic art that are now a growing medium for self-expression in the Middle […]
Posted inEGYPT IN THE NEWS
Egypt in the news on 11 September 2019
Egypt is enjoying another relatively quiet morning in the foreign press, save for extensive coverage of August’s lower-than-expected inflation figures, which we recap in Speed Round, above. Chinese companies flock to Sahara expo: Egypt’s largest agricultural event, Sahara expo, is bringing in many potential Chinese partners, with 73 of the 233 foreign companies in attendance […]
Posted inWorth watching
The growing problem of deep-fakery
Yes — deepfakes are creepy. But if Black Mirror has taught us anything it’s that humans are the real problem. Deepfakes, video or audio files generated by AI with unnerving realism, are “eerily dystopian.” But an online manipulation expert says in this New York Times video that the collective hysteria they generate is just as […]
Posted inDiplomacy + Foreign Trade
Environment Ministry in talks with int’l lenders over USD 100 mn for eco-friendly projects
The Environment Ministry is in talks with international lenders for USD 100 mn to support eco-friendly projects, especially youth-led ones, to help create jobs, Minister Yasmin Fouad told Al Mal. The ministry will focus on youth-led projects that accelerate job creation among small and medium-sized businesses. Fouad did not say whether the support would come […]
Posted inDiplomacy + Foreign Trade
Egypt, Japan to form working group to promote trade
Egypt, Japan to form joint trade group: Trade and Industry Minister Amr Nassar yesterday agreed with a Japanese trade delegation to set up a joint working group to promote trade between the two countries, according to a ministry statement. The group will be headed by the chair of the Egyptian Commercial Representation Authority, and feature […]