MOVES- Baker McKenzie has appointed Ghada El Ehwany (LinkedIn) as an M&A partner at its Egypt office, the law firm said in a statement yesterday (pdf). The law firm has elected 81 new partners across its global offices, according to the statement.
Author Archives: enterpriseam admin
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Egypt in the news on 3 July 2019
The foreign press is blessing us with yet another slow morning for Egypt. Let’s all enjoy it while it lasts.
El Sisi, senior officials meet to discuss Egypt’s economic performance
President Abdel Fattah El Sisi’s meeting with senior officials to discuss Egypt’s economic performance in FY2018-19 and FY2019-20 topped the front page of state-owned Al Akhbar. We recap the story above in this morning’s Speed Round. Both Al Ahram and Al Gomhuria’s websites were still down this morning.
Facebook’s grandiose ambitions for financial inclusion sound great — but Libra may be destined to remain a pipe dream
Facebook’s grandiose ambitions for financial inclusion sound great — but Libra may be destined to remain a pipe dream: The announcement of Facebook’s new Libra cryptocurrency last month was greeted by media fanfare and scepticism in equal measure. What Libra is proposing is potentially revolutionary: a global cryptocurrency capable of delivering mobile banking to the […]
The meticulously-planned ‘war effort’ to reconstruct Notre Dame
The meticulously-planned ‘war effort’ to reconstruct Notre Dame: A massive initiative to reconstruct the Notre Dame cathedral is underway, following the fire that decimated parts of it — and even with the use of cutting edge technology, it’s expected to take at least five years, this FT video shows (watch, runtime: 06:49). For the reconstruction […]
Delek finishes tests on El Arish-Ashkelon pipeline setting up EMG acquisition for August
Delek Drilling has completed tests on the subsea Eastern Mediterranean Gas (EMG) pipeline linking Israel and Egypt, paving the way for Delek, Noble Energy and East Gas to complete their acquisition of a 39% stake in EMG by the end of August, the company said yesterday (pdf). The Israeli company confirmed that the pipeline is […]
Egypt procures 3.3 mn tonnes of wheat so far into the season
The Supply Ministry has purchased nearly 3.3 mn tonnes of wheat worth EGP 15 bn from local farmers since the beginning of the harvest season in mid-April, Assistant Minister Wael Abbas said, according to Al Masry Al Youm. The purchase came at an average price of EGP 670 per ardib (EGP 4,545 per tonne). Supply […]
Egypt’s capital on list of top cities to see increased tourist arrivals over a decade
Cairo is on a list of the top cities expected to grow their number of tourist arrivals over the next decade, according to a World Travel and Tourism Council report (paywall). Delhi, Manilla, Bangkok, and Moscow were also on the list. The report urges these cities to improve their infrastructure in order to cope with […]