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Israel to seek USD 250 bn from Egypt, other Arab countries, for Jewish assets: Cooperation on Sinai, however, does not mean that Israel won’t try to reign in the worst impulses of hardliners in the Israeli government. Israel is trying to reclaim back USD 250 bn-worth of assets left behind by Jewswho fledor were forced […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Two German-Egyptian citizens missing since Egypt visit
Two German-Egyptians have gone missing while visiting the country last month, German Foreign Ministry Spokesman Christofer Burger said yesterday, according to the AP. One case involves an 18-year-old who hasn’t been heard of since 17 December and another a 23-year-old who was detained at Cairo International Airport on 27 December. The former was due to […]
Posted inSpeed Round
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Posted inUncategorized
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Posted inUp Next
What we’re tracking this week and beyond
LEGISLATION WATCH- The Social Solidarity Ministry will present a draft of the new Social Welfare Act to the House of Representatives “within days,” Minister Ghada Wali said on Sunday, according to Al Mal. The bill, if passed, would require the government to provide families eliminated from the Takaful or Karama social welfare programs. It would […]
Posted inEGYPT IN THE NEWS
Death of Egyptian policeman tops foreign coverage
Attempted church bombing, house of worship inauguration tops coverage: Topping coverage of Egypt is the death of a policeman who was killed last Saturday while trying to defuse a bomb that was found near a church in the district of Nasr City. The story was picked up by the BBC, the Associated Press, and the […]
Posted inON THE FRONT PAGES
El Sisi greeting Christians dominates front pages of Egypt’s newspapers
President Abdel Fattah El Sisi wishing Coptic Christians a Merry Christmas is dominating the front pages of the country’s three main state-owned dailies (Al Ahram | Al Akhbar | Al Gomhuria). The inauguration of a massive mosque and church in the new capital city also got some attention on Al Gomhuria.
Posted inDiplomacy + Foreign Trade
PA pulls staff from Rafah border crossing into Egypt
PA pulls staff from Rafah border crossing: The Palestinian Authority has reportedly withdrawn its staff from their posts on the Ratah border crossing into Egypt, the BBC reported, citing a statement blaming Hamas for aggression towards PA employees. Following the move, reports came out that Hamas has actually regained control of the crossing. The PA […]
Posted inEnergy
Companies looking to invest USD 500 mn in wind power in Egypt
Three unnamed Arab energy companies are looking to invest USD 500 mn to build 400 MW-worth of wind power plants on a combined land area of 80 sqm in unspecified locations, sources from the New and Renewable Energy Authority said. The companies, which submitted formal requests for land, are currently operating in Aswan’s Benban solar […]
Posted inInfrastructure
El Araby to develop logistics zones across four Egyptian cities
El Araby Group subsidiary El Araby Company for Trading and Manufacturing is developing logistics zones in four different cities, New Urban Communities Authority (NUCA) Co-Head Tarek El Sebai said. The zones appear to be large storage facilities with a combined area of 208.5 sqm. The largest is located in Sadat City, with an area of […]