Want us to pay taxes? Clean the [redacted] streets, first: Litter-free streets and better municipal services would make it a hell of a lot easier for people to swallow the notion of paying their taxes, opinion writer Soliman Gouda writes for Al Masry Al Youm. Gouda says Egyptians have no interest in listening to a […]
Author Archives: enterpriseam admin
Elon Musk’s year is going up in smoke (literally)
Elon Musk’s year is going up in smoke (literally): Elon Musk is not known to take half-measures, and that includes burnout. But he certainly can do half-baked. Just look at how eager and content he was at inhaling a substance that resembles oregano during an appearance on The Joe Rogan Experience (watch, runtime: 3:33). The […]
Shell processing 250 mcf/d of gas at Idku liquefaction plant -sources
Royal Dutch Shell’s Idku liquefaction plant is reportedly processing 250 mcf/d of natural gas, compared to 150 mcf/d last year, sources close to the matter said yesterday. Shell and the Oil Ministry had agreed back in 2016 to gradually ramp up production at the Idku LNG plant. Egypt has plans to link one of its […]
EKH subsidiary Kahraba begins EGP 550 mn expansion of Borg Al Arab power station
Egypt Kuwait Holding (EKH) subsidiary Kahraba has begun working on the EGP 550 mn expansion of its gas-powered Borg Al Arab power station, according to a company disclosure picked up by Al Mal. The expansion is expected to bring the station’s production capacity to 115 MW, up from 75 MW currently, and is slated for […]
Africa Power offers to arrange facilitated loans for solar-operated irrigation systems
Solar energy company Africa Power is offering to build solar-operated irrigation systems for investors in the 1.5 mn feddan project, which would be financed through facilitated loans from Saudi Arabian funders, CEO Ahmed Hamdy tells Al Shorouk.
El Sisi inaugurates final phase of regional ring road
President Abdel Fattah El Sisi inaugurated yesterday five projects implemented by the Roads and Bridges Authority including the last phase of the regional ring road, according to an Ittihadiya statement. The projects launched also include the highways running to the Upper Nile's Tama bridge, the Qous bridge in Qena, and the Borg El Arab bridge […]
Four private retail chains in talks to operate Supply Ministry outlets
Four privately-owned hypermarket retail chains have presented offers to the Supply Ministry’s Internal Trade Development Authority (ITDA) to upgrade and operate 20-30 outlets where subsidized commodities are sold, Authority head Ibrahim Ashmawy tells Al Shorouk without disclosing their names. The government will launch a tender to partner up with the private sector on the development […]
Egypt is looking to export pomegranates, dates, and grapes to East Asia
Egypt is eyeing countries in East Asia as potential export markets for Egyptian pomegranates, dates, and grapes, according to Agricultural Exports Council member Mohamed Abdel Hady. The Agricultural Quarantine Authority and the Horticultural Export Improvement Association are both in talks with Thailand, Singapore, Malaysia and Hong Kong to discuss their quality specifications for imported produce […]
Go Green begins building new jojoba oil factory
Egyptian company Go Green broke ground on a new jojoba oil factory at the Sadat City industrial zone, the company said in a statement on Saturday carried by Al Masry Al Youm. The first phase of the plant will consist of five production lines, but the company plans to eventually bring the number up to […]
Egypt’s national railway authority receives two offers in supply tender
Egypt’s National Railway Authority received two offers from foreign bidders in a tender to supply six railway cars and locomotives with funding from the European Investment Bank (EIB), authority head Ashraf Raslan said, Al Shorouk reported yesterday. The authority will announce the results of the tender this month. The names of the companies and value […]