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Egypt, Greece, Cyprus summit will be at head-of-state level: It appears that the tripartite summit this week between Egypt, Greece and Cyprus will be attended by the presidents of the three countries, according to Ahram Online. Expect gas in the East Mediterranean to top the agenda. Talks between President Abdel Fattah El Sisi and his […]
Author Archives: enterpriseam admin
Posted inImage of the Day
Sadat and Nixon by the pyramids in 1974
Former President Anwar El Sadat hosted US President Richard Nixon during the latter’s world-tour in 1974 that took him to Egypt, according to the Washington Post. The two were spotted shaking hands at the Giza Necropolis. Nixon resigned from his post less than two months later, as the Watergate scandal broke out in the US.
Posted inEGYPT IN THE NEWS
Melania Trump in Egypt
Melania Trump’s visit to Cairo as part of her four-nation tour of Africa topped coverage of Egypt in the foreign press over the weekend. Melania discussed in a meeting with President Abdel Fattah El Sisi and his wife, Entissar Amer, issues related to child welfare, education, and women’s role in society, according to an Ittihadiya […]
Posted inOn Deadline
Another columnist champions teachers’ rights, sees it as central to educational reform
Another columnist sees teachers’ rights as central to educational reform: Teachers’ rights are once again in the spotlight amid arguments that a curriculum overhaul won’t be enough to reform education in Egypt. The government's strategy to develop K-12 education needs to address the quality of teachers employed by the system, Hania Sobhy writes for Al […]
Posted inDiplomacy + Foreign Trade
Egypt, IDB sign USD 3 bn cooperation framework for 2019-21
Egypt, IDB sign USD 3 bn cooperation framework for 2019-21: Egypt and the Islamic Development Bank (IDB) signed a USD 3 bn cooperation framework between them for 2019 to 2021, according to a statement from the Investment and International Cooperation Ministry. The framework, which governs funding allocation and cooperation programs between the two, will rest […]
Posted inDiplomacy + Foreign Trade
Japan’s JBIC ready to fund Egypt electricity and transport projects
Japan’s JBIC ready to fund Egypt electricity and transport projects: A delegation from the Japan Bank for International Cooperation (JBIC) has signaled the bank’s interest in funding renewable energy and transport projects in Egypt, Al Mal reported. The delegation had met with Egyptian Electricity Minister Mohamed Shaker on Thursday to discuss strengthening cooperation.
Posted inDiplomacy + Foreign Trade
Saudi food authority inspects Egyptian factories to whitelist food exporters
Saudi food authority inspects Egyptian factories to whitelist food exporters: A delegation from the Saudi Food and Drug Authority (SFDA) is in town to inspect 60 Egyptian food factories looking to be added to the SFDA’s whitelist of approved exporters if they meet quality and health standards, Egypt’s Food Safety Authority chief Hussein Mansour tells […]
Posted inDiplomacy + Foreign Trade
Egypt considering to end role as Hamas-Israel, Hamas-Fatah mediator
Egypt is considering withdrawing from its role as broker between rivaling Palestinian factions, Israel Hayom reports. Intelligence officials blamed Palestinian Authority (PA) leader Mahmoud Abbas for deliberately “torpedoing the plan devised [by Egypt],” which he accused of favoring Hamas.
Posted inEnergy
Eni to increase its investments in Zohr to USD 16 bn
Italy’s Eni plans to increase its investments in the Zohr gas field to USD 16 bn, up from USD 12 bn, by the time it completes the field’s development in July 2019, according to an unnamed source. Production from the field reached 2 bcf/d last month and is expected to plateau at 2.7 bcf/d next […]
Posted inBasic Materials + Commodities
Centamin cuts output targets, shares drop 12%
Gold miner Centamin has cut its 2018 output target from its Sukari mine in Egypt to 480k ounces from a previous forecast of 505k-515k ounces due to operational improvements at its taking “longer than planned to materialise,” according to a company release. Centamin had previously cut its output target in May from an initial forecast […]