CABINET WATCH- Cabinet approves three funding facilities for water projects: Cabinet ratified during yesterday’s Council of Ministers meeting four agreements with preferential funding terms for water, sewage treatment and sanitation projects, according to a statement. The first, a KWD 15 mn facility from the Kuwait Fund for Arab Economic Development (KFAED), will be used to […]
Author Archives: enterpriseam admin
New boss appointed to head National Tunnel Authority
MOVES- National Tunnel Authority gets new boss: Transport Minister Hisham Arafat has appointed Gen. Ahmed Abdel Moneim Mohamed as the new president of the National Transport Authority, according to a ministry statement.
Three Egyptian startups among 12 African startups to watch in 2019
Three Egyptian startups made Disrupt Africa’s list of “12 African startups to watch in 2019”: Elves, a personal assistant app, raised USD 2 mn in seed funding at the end of 2017, which gave it room for expansion and growth in 2018. Shezlong, an online psychotherapy platform, raised USD 350k in funding last year and […]
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What we’re tracking this week and beyond
An administrative court will hear on Saturday Beltone Financial’s appeal against a six-month suspension handed to its investment banking arm by the Financial Regulatory Authority. The FRA last month rejected Beltone’s appeal of the decision. Are we hosting the African Cup of Nations? The football supremos at CAF will reveal this coming Wednesday whether Egypt […]
Cairo makes WSJ’s New Year’s Eve photo gallery
Cairo makes WSJ’s New Year’s Eve photo gallery: Reuters photographer Amr Abdallah Dalsh’s shot of a crowd gathered in Cairo on New Year’s Eve this past Monday has made the Wall Street Journal’s image gallery of celebrations from all around the world.
Will the Spanish come running for the Egyptian King?
Will the Spanish come running for the Egyptian King? Mohamed Salah’s central role in maintaining Liverpool’s unbeaten league record so far this season has CNN wondering if the Premier League club will be able to keep the star forward around for much longer. The likes of Real Madrid and Barcelona could soon come for Salah, […]
“A Decent Life” initiative launch dominates front pages of Egypt’s newspapers
The Sisi administration’s “A Decent Life” initiative is dominating the front pages of the country’s three main state-owned dailies (Al Ahram | Al Akhbar | Al Gomhuria). In keeping with the theme of development, Al Akhbar’s front page also features updates on the Tahya Misr Fund’s spending on irrigation projects. Meanwhile, Al Ahram and Al […]
A year without a smartphone
Ever thought about getting rid of your smartphone and regressing to the age of Nokia bricks and Motorola flip phones? Jason Kehe of Wired did, much to his mother’s chagrin. His starting point? The smartphone is “so integrated into our consciousness, can it even be hacked off?” Despite clearer phone calls, and the initial rush […]