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It is a quiet morning for Egypt in the international press, with no story being picked up en masse. Among the few pieces worth noting: The Israeli press is out with several stories on the benefits of the Camp David Accords, which Israeli President Reuven Rivlin noted in a speech include cross-border energy, water, and […]
Author Archives: enterpriseam admin
Posted inON THE FRONT PAGES
El Sisi reaffirms backing for Sudan stability during bilateral talks
Egypt reaffirmed its support for Sudan’s stability during talks between President Abdel Fattah El Sisi and Sudanese Vice President Awad bin Ouf yesterday, state-run newspapers Al Ahram and Al Gomhuria highlighted this morning. Talks between the two sides also covered electricity and railway interconnection plans between the two countries, Al Ahram reported. Meanwhile, the arrival […]
Posted inWorth reading
Economics is suffering a crisis of credibility
Economics is suffering a crisis of credibility: Since the failure to anticipate the 2007-08 economic crisis, economists have been struggling to regain the confidence of the societies they are supposed to enrich. In some surveys economists have the pleasure of sharing company with politicians as one of the least-trusted professions. The result: Economics is failing […]
Posted inWorth watching
What the Netherlands can teach us all about food security
In an age of rapid population growth and increased fears about food security, much can be learned from the Netherlands, this Bloomberg video suggests (watch, runtime: 05:16). Concerted efforts after the Second World War saw the Netherlands transform into one of the world’s top agricultural exporters. With limited space, the tiny country learned to produce […]
Posted inDiplomacy + Foreign Trade
El Sisi, Cabinet hold talks with Japanese visiting Egypt
El Sisi, cabinet hold talks with Japanese delegation: President Abdel Fattah El Sisi discussed trade and economic relations, Japanese investments in Egypt, and his administration’s efforts toward reform in a meeting with chairman and CEO of the Japan External Trade Organization Hiroyuki Ishige, according to an Ittihadiya statement. El Sisi was also invited to attend […]
Posted inDiplomacy + Foreign Trade
Vice-President of Sudan arrives in Cairo for discussions about cooperation
Sudanese Vice President Awad bin Ouf arrived in Cairo yesterday for discussions with Egyptian officials with a view to increasing cooperation between the two countries, according to an Ittihadiya statement. During his meeting with the Sudanese minister, President Abdel Fattah El Sisi reaffirmed Egypt’s keenness to enhance relations between the two countries on all fronts.
Posted inEnergy
El Molla discusses Egypt energy strategy with US energy official Francis Fannon
Oil Minister Tarek El Molla discussed Egypt’s strategy to emerge into a regional energy hub and cooperation avenues in a meeting with inaugural US Assistant Secretary of State for Energy Resources Francis Fannon, according to a cabinet statement. Their meeting came on the sidelines of the ongoing CERAWeek meeting of senior energy officials in Houston.
Posted inReal Estate + Housing
Egypt to compile “blacklist” of lazy state-commissioned contractors
The Housing Ministry will compile a “blacklist” of contractors with a history of failure or delays in executing state-commissioned housing projects, according to a ministry statement. Contractors on the list will not be considered for future projects, the ministry added.
Posted inReal Estate + Housing
Castle launches EGP 800 mn East Side compound in Egypt’s new capital
ABC Construction Company subsidiary Castle Development has launched its EGP 800 mn East Side, a commercial, residential, and medical complex in the new administrative capital, CEO Ahmed Mansour said, according to Zawya. The new project will be delivered in 2021, Mansour added.
Posted inTelecoms + ICT
IBM to provide data and processing services for Fawry
Technology giant IBM will provide data storage and processing services for e-payment platform Fawry, which carries out 2 mn financial transactions per day, the company said, according to Al Mal. Fawry provides payment services to individuals and companies in Egypt via over 90k websites.