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Author Archives: enterpriseam admin
How emerging economies can harness the power of big healthcare data
How emerging economies can harness the power of big healthcare data: Emerging economies must avoid the so-called “Data Rich Information Poor” syndrome if they are to fully benefit from the ongoing data boom in the healthcare sector, Rwandan Health Minister Noella Bigirimana writes for the World Economic Forum. Data generation in developing countries is forecast […]
Egypt in the News on 5 September 2019
There is no single story driving the conversation on Egypt in the foreign press this morning. Of the few business-related stories out there is this Xinhua piece analyzing whether the Finance Ministry’s decision to float the customs exchange rate will push up inflation. Meanwhile, the Guardian has a twofer on the allure of Egypt’s artefacts: […]
The next AI frontier: International mediation?
The next AI frontier: International mediation? AI, algorithms and big data are rapidly becoming essential tools in the process of alternative dispute resolution, the Financial Times says. Much of this is down to the growing role of data analytics in predicting trial outcomes, which is widely employed in US litigation and now creating demand in […]
Egypt’s agricultural exports hit USD 2.2 bn in 2018-2019 season
Egypt exported 4.3 mn tonnes of agricultural products worth USD 2.2 bn in the 2018-2019 export season, according to recent Agriculture Export Council figures cited by the press. Fresh fruits led the pack throughout the season (which runs from September to August). Citrus fruits, grapes, pomegranates and strawberries, respectively, dominated the fresh fruits category. Fresh […]
Port Said looks to establish new EGP 2 bn sports stadium
The Port Said governorate has proposed establishing a new sports stadium at a cost of EGP 2 bn, a government source told the local press. The Sports Ministry reportedly received the proposal, which involves establishing a large residential compound, the proceeds of which could finance the new stadium, via a consultancy firm. The existing Port […]
Saint Gobain opens new glass production line in SCZone
France’s Saint Gobain has brought online a new glass production line at its plant at the Suez Canal Economic Zone, the SCZone said in a statement. The company plans to earmark 50% of the EUR 8 mn line for exports.
Schneider Electric has invested EUR 20 mn to double production from Badr City
Schneider Electric Egypt has invested EUR 20 mn (EGP 365 mn) in its Badr City facility to double its production and increase regional exports over the past year and a half, deputy CEO Sherif Abdel Fattah told Al Mal. Schneider Electric exports 30-40% of its production to 12 MENA countries. It uses 40-70% local components […]
Cotton & Textiles Holding Co to offer 16 land plots to investors
The Cotton & Textiles Holding Co is planning to rent 16 unused land plots from its portfolio to textiles and garments investors, Chairman Ahmed Mostafa told the local press. The company has received three requests, he said, without providing details.
Pyramids Developments launch Paris East Mall in NAC
Pyramids Developments has launched the EGP 2 bn Paris East Mall in the new administrative capital, according to Zawya. Pyramids Developments intends to open four other large commercial malls in the new capital, with a total investment of EGP 6 bn.