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Author Archives: enterpriseam admin
Posted inImage of the Day
The 2019 Astronomy Photographer of the Year shortlist is stunning
The 2019 Astronomy Photographer of the Year shortlist is stunning: This photo of Iran’s Sharafkhaneh port and Lake Urmia by astrophotographer Masoud Ghadiri is one of several featured in this year’s shortlistfor the Royal Observatory’s Insight Investment Astronomy Photographer of the Year. It shows the Milky Way, and in the background, the light pollution coming […]
Posted inEGYPT IN THE NEWS
Egypt in the News on 26 June 2019
The arrest of eight individuals in connection with an Ikhwani plot yesterday is dominating the conversation in the foreign press. We have more on this in this morning’s Speed Round, above.
Posted inON THE FRONT PAGES
El Sisi discusses bilateral and regional issues with Ghanaian president
El Sisi discusses bilateral and regional issues with Ghanaian president: Both Al Ahram and Al Gomhuria were still down this morning, but yesterday’s meeting between President Abdel Fattah El Sisi and Ghanaian President Nana Akufo-Addo made the front page of Al Akhbar, one of the country’s three state-run dailies.
Posted inWorth Listening
Have the anticipated economic benefits of Afcon been overhyped?
Have the anticipated economic benefits of Afcon been overhyped? USD 250 mn in sponsorship from Total. Some half a bn TV viewers for advertisers to target. Thousands of overseas fans spending money on travel, food, hotels and merchandise. Afcon is generating considerable inflows, and the expectation that Egypt’s economy will see a USD 1 bn […]
Posted inDiplomacy + Foreign Trade
Egyptian-European talks on migration scheduled for July
Round two of Egyptian-European talks on illegal immigration will take place next month, EU Commissioner for Migration Dimitris Avramopoulos said during a sit-down with President Abdel Fattah El Sisi yesterday, according to an Ittihadiya statement. The first round of talks was held back in 2017.
Posted inDiplomacy + Foreign Trade
Egypt’s El Sisi, Ghana’s Akufo-Addo discuss trade, joint investments
President Abdel Fattah El Sisi talked trade and investment with Ghanaian counterpart Nana Akufo-Addo, who was in town yesterday, according to an Ittihadiya statement. Akufo-Addo expressed his interest in bringing more Egyptian construction, energy, and mining companies to work in Ghana.
Posted inEnergy
Empower to begin selling waste energy to clients in September
Renewable energy company Empower is set to begin directly selling electricity generated from recycling waste for the first time to a local farm in September for around EGP 2/kWh, Chairman Hatem El Gamal said, according to Mubasher. The company is seeking to sell electricity to 36 farms in the coming period.
Posted inManufacturing
Nigeria’s Rungas Industries to start manufacturing gas cylinders in Egypt
Nigeria’s Rungas Industries is working with the National Organization for Military Production on a USD 30 mn project to manufacture and export liquefied petroleum gas (LPG) and compressed natural gas (CNG) composite cylinders in a facility in Alexandria, according to Nigerian press reports. The project will reportedly be initiated in September, with production of LPG […]
Posted inHealth + Education
Cleopatra Hospitals, Al Taaleem to set up JV to rebuild Al Nahda Hospital
Cleopatra Hospitals Group (CHG) will sign an agreement with Al Taaleem Management Services to set up a joint venture that will rebuild, develop, operate, and manage Al Nahda Hospital, CHG said in a statement to the bourse yesterday (pdf). The JV will be 90% owned by CHG, with the remaining 10% held by Al Taaleem, […]