Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Our next shady lobbyists investigative feature: How Qatar seized the lobbying initiative away from its blockaders: No one can deny that Qatar has remained very functional throughout the continuing blockade enforced by the GCC and Egypt. It now appears to have seized the diplomatic initiative with the US away from the GCC, thanks to a […]
Author Archives: enterpriseam admin
Posted inWorth watching
Spike Lee’s BlacKkKlansman tells the story of first African-American to infiltrate the KKK
Spike Lee’s new movie BlacKkKlansman tells the true story of an African-American who infiltrated the Ku Klux Klan. The film is based on retired Colorado Springs police detective Ron Stallworth’s 2014 memoir, where he details how he infiltrated the group in 1979 using a white surrogate, who rises up through the KKK’s ranks to eventually […]
Posted inEnergy
Companies with better WtE projects could be paid a higher FiT
Waste-to-energy (WtE) projects can be paid a premium above the minimum feed-in-tariff (FiT) rate set by the government, depending on how the waste or recycling center produces the energy,Electricity Minister Mohamed Shaker tells Al Shorouk. The more advanced the technology used by the company, the higher it will be paid for the energy used Shakr […]
Posted inBasic Materials + Commodities
Aton begins drilling at Rodruin gold mine prospect
Canada’s Aton Resources began last Monday drilling at the Rodruin gold mine prospect in Egypt’s Arabian-Nubian Shield, the company announced last week. The first phase of the program will see the company drilling 4,000-6,000 meters deep for preliminary tests on gold mineralization, and is expected to take two months to complete. “The start of our […]
Posted inReal Estate + Housing
Samcrete to launch three new projects on 200 feddans in Cairo and North Coast
Construction firm Samcrete’s real estate development arm announced plans to develop three new residential and administrative projects in East Cairo, West Cairo, and the North Coast, Managing Director Hisham El Kheshen said, according to Al Masry Al Youm. The company plans to launch at least one of the projects before year-end.
Posted inTourism
TPA allocates USD 40 mn for tourism promotion campaigns, exhibitions
The Tourism Promotion Authority (TPA) has allocated USD 40 mn for tourism promotion campaigns abroad and for international tourism exhibitions this fiscal year, Al Shorouk reports.
Posted inTourism
Taba land port crossing open after EGP 49 mn renovation
Transport Minister Hisham Arafat inaugurated on Saturday the Taba land port crossing with Israel following the completion of its EGP 49 mn renovation work, according to state-owned Al Ahram.
Posted inAutomotive + Transportation
Passenger car sales register 41% increase y-o-y during 7M2018
Passenger car sales rose 41% y-o-y in the first seven months of 2018 to 69,901 cars, up from 49,617 during the same period last year, according to figures from the Automotive Information Council (AMIC) picked up by Al Mal. Hyundai captured a 24.4% market share, followed by Nissan (20%), Renault (11.1%), Chevrolet (8.7%), and Toyota […]
Posted inBanking + Finance
HDBK to launch mobile and internet banking services by year’s end
The Housing and Development Bank (HDBK) is planning to launch internet and mobile banking platforms by this year-end, Chairman Fathy El Sebai said, according to Al Shorouk. The move is part of HDBK’s plan to expand in the retail banking sector.
Posted inEgypt Politics + Economics
House Rep. drafts law to punish anyone insulting Egypt’s historical figures
A draft law proposal seeking to impose heavy fines and prison sentences for anyone insulting Egypt’s historical figures has been tabled for discussion by the House of Representatives’ Religious Affairs Committee, committee head Rep. Amr Hamrouch tells Masrawy. The bill looks to impose jail sentences of at least three years and fines of between EGP […]