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MOVES- Lufthansa Group has appointed Silke Wobken as its senior director for sales based in Cairo, covering North Africa, the Near East and Turkey, the German airline said yesterday in a statement (pdf). She succeeds Frank Van den Steen, who returns to Lufthansa’s headquarters in Frankfurt. Wobken is currently the airline’s director of sales for […]
Author Archives: enterpriseam admin
Posted inSpeed Round
** WE’RE HIRING: We’re looking for smart, talented journalists and analysts to join our team and help us make both the product you’re reading now and some exciting new stuff. We’re particularly interested people with writing plus either audio or video skills. Interested? Send your CV along with 2-3 writing samples and a solid cover […]
Posted inUncategorized
** SHARE ENTERPRISE WITH A FRIEND ** Enterprise is available without charge — just visit our English or Arabic subscription page, depending on which edition you would like to receive. We give you just about everything you need to know about Egypt, in your inbox Sunday through Thursday before 7am CLT (8am for Arabic), and […]
Posted inEGYPT IN THE NEWS
Egypt in the News on 13 June 2019
Leading the conversation about Egypt in the foreign press this morning: The Associated Press reports that a court has handed out jail terms to 296 people on terror charges. The majority (264) were given sentences ranging between three and 15 years, while 32 were sentenced to life after plotting to assassinate the president. Asharq Al […]
Posted inON THE FRONT PAGES
El Sisi’s statements during the African Anti-Corruption Forum topped Egypt’s state-owned press
President Abdel Fattah El Sisi’s statements during the African Anti-Corruption Forum, which kicked off yesterday in Sharm El Sheikh, topped the front pages of all three government dailies this morning (Al Ahram | Al Akhbar | Al Gomhuria). The two-day event will wrap up later today.
Posted inWorth watching
Red Bull has sold the world (way) more energy drinks than it needs
Red Bull has sold the world (way) more energy drinks than it needs. But there’s much more to the company’s story than meets the eye, as this Bloomberg video explains (watch, runtime: 5:54). The company’s mysterious founder, Austrian entrepreneur Dietrich Mateschitz, made sure that its tagline (Red Bull gives you wings) communicated a very specific […]
Posted inDiplomacy + Foreign Trade
El Sisi discuss terrorism, regional affairs with World Jewish Congress boss
El Sisi discuss terrorism, regional affairs with World Jewish Congress boss: President Abdel Fattah El Sisi discussed the Middle Eastern peace process and US-Egypt relations with World Jewish Congress President Ronald Lauder in Cairo on Tuesday, according to an Ittihadiya. The story was picked up by Israel National News.
Posted inEnergy
Siemens Gamesa frontrunner to build Lekela’s 250 MW wind energy plant in Ras Ghareb
Siemens Gamesa is the frontrunner in a tender to build Lekela’s 250 MW wind energy plant in Ras Ghareb, sources close to the matter told the local press. Siemens Gamesa’s offer is better than offers submitted by Germany’s Senvion and Denmark’s Vestas, the sources said, adding that contracts are expected to be signed within the […]
Posted inEnergy
Total mulls expanding exploration in Mediterranean and Red Seas
French energy giant Total is considering bidding for new oil and gas exploration concessions in Egypt’s Mediterranean and Red Sea territories, chairman and CEO Patrick Pouyanne told Oil Minister Tarek El Molla in a meeting yesterday, Al Shorouk reports. The company is also looking at increasing investments in expanding fuel stations and fuel transportation.
Posted inInfrastructure
Denmark’s A.P. Møller Capital eyes investing in Egypt’s 10th of Ramadan dry port
Denmark-based A.P. Møller Capital, the investment arm of Maersk, is eyeing investing in the 10th of Ramdan dry port and will launch studies in July, according to a Transport Ministry statement. This came following a meeting between minister Kamel El Wazir and Denmark’s ambassador to Egypt Tomas Anker Christensen. The two discussed cooperation in the […]