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A US warplane was spotted by an AP photographer's lens flying over the Giza Pyramids on 22 October 1943 carrying war supplies to battle zones during the Second World War.
Author Archives: enterpriseam admin
Posted inEGYPT IN THE NEWS
Author’s arrest for criticizing the economy tops int’l coverage of Egypt
The arrest of author Abdel Khalek Farouk a few days ago is topping coverage of Egypt in the foreign press on this otherwise quiet morning. Farouk — the author of a forthcoming book that is critical of Egypt’s economy — was arrested earlier this week alongside his publisher Ibrahim El Khatib. Both are facing charges […]
Posted inOn Deadline
Saudi’s handling of Khashoggi’s murder offers lesson on importance of transparency
There’s a lesson to learn from the case of Jamal Khashoggi’s murder about the importance of transparency, Emad El Din Hussein writes in a piece for Al Shorouk. He argues that the firestorm of criticism that Saudi Arabia is under — with media outlets, world leaders, and global executives turning their backs to it — […]
Posted inDiplomacy + Foreign Trade
Bulgaria stresses interest in Egypt’s energy sector
Bulgaria wants in on EastMed gas: Bulgaria wants in on Egypt’s natural gas cooperation agreement with Greece and Cyprus, which will see the construction of an underwater natural gas pipeline connecting Cyprus’ Aphrodite field with liquefaction facilities in Egypt., its Prime Minister Boyko Metodiev Borisov at a meeting with President Abdel Fattah El Sisi in […]
Posted inEnergy
Egypt, Shanghai Electric to finalize financing talks over USD 4.4 power plant next week
The Egyptian Electricity Holding Company (EEHC) will meet with China’s Shanghai Electric next week to finalize financing agreements for the USD 4.4 bn, 6 GW-capacity Hamrawein “clean coal” power plant, sources close to the matter said. While the China Development Bank (CDB) has made a financing offer, the EEHC is reportedly not happy with the […]
Posted inEnergy
BWE to raise investment in Apex’s natgas exploration drilling in Western Desert
Apex International Energy signed an agreement with its partners at Blue Water Energy (BWE) to increase BWE’s investment in the latter’s oil and gas concessions in the Western Desert, according to a BWE statement. The agreement will see BWE financing parts of Apex’s drilling, asset acquisition, and corporate transaction activities in the concessions. Apex is […]
Posted inTourism
Flights will begin landing at Berenice Airport beginning of 2019
Marsa Alam’s Berenice Airport will be open to passengers at the start of 2019, Red Sea Governor Ahmed Abdallah said, according to Al Masry Al Youm. The facility, which had once served as a military airport, was renovated at a total cost of EGP 430 mn, Abdallah said.
Posted inTourism
Sichuan Airlines launches first flight from Chengdu to Cairo
China’s Sichuan Airlines launched its first flight from Chengdu to Cairo International Airport yesterday, Al Shorouk reports. The plane arrived carrying 230 tourists. The airliner will operate two flights a week on Tuesdays and Thursdays.
Posted inEgypt Politics + Economics
Overdue taxpayers have until 14 November to avoid 90% of late tax penalties
Taxpayers who have racked up overdue payments have until 14 November to settle their dues and avoid 90% of the late penalties, the Tax Authority said in a statement cited by Al Masry Al Youm. The authority had announced the three-month allowance period on 15 August.
Posted inNational Security
Egypt acquires Kh-31 supersonic air-to-surface missiles
Egypt acquired Kh-31 supersonic air-to-surface missiles with its Air Forces’ new MiG-29M/M2 multirole fighters, Jane’s 360 reports. President Abdel Fattah El Sisi showed off the new gear during a visit to a base last week. Ittihadiya has pictures here.