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Human rights top coverage of Egypt in the foreign press this morning. Rights advocates tell NPR that the US’ decision to resume military aid to Egypt “sends all of the wrong signals to [Egypt] that the rhetoric about human rights is merely lip service.” The disbursement of the aid, they say, might be the end […]
Author Archives: enterpriseam admin
Posted inOn Deadline
Raising newspaper prices could be the kiss of death for print journalism in Egypt
Raising the price of state newspapers could be the kiss of death for Egypt’s print journalism, Salah Montasser writes for Al Ahram. As the cost of living in general has been on the rise, many citizens could rethink buying a newspaper at all if prices were to rise again, he says. Montasser notes that the […]
Posted inWorth reading
Could the US job market stop favoring college-educated workers?
Could the US job market stop favoring college-educated workers? A surge in manufacturing jobs in the US could translate into a more balanced job prospects for college-educated and less-educated workers, Conor Sen writes for Bloomberg. “The unemployment rate for people over age 25 with less than a high school degree is 5.1 percent, the lowest […]
Posted inDiplomacy + Foreign Trade
Saudi Arabia warns of a potential ban of Egypt-imported pomegranate
Another day, another possible Saudi ban on Egyptian agri goods: Saudi Arabia warned of a potential ban on pomegranate imports from Egypt this season if shipments show violations of its safey regulations, an unnamed source from the Trade Ministry tells Al Mal. This is the first time Saudi Arabia issues a warning before banning the […]
Posted inHealth + Education
Ranbaxy Labss to supply 10,000 packs of anti-Hepatitis C Harvoni in January
Indian Ranbaxy Laboratories is planning to supply 10,000 packs of the anti-Hepatitis C med Harvoni in January, General Manager Hany Meshaal tells Al Mal.
Posted inTourism
Future projections see Turkish tourism recovering faster than Egypt, Tunisia
Future projections for air travel picked up by the UK’s Travel Weekly shows that while British tourists are returning to Egyptian, Turkish, and Tunisian holiday destinations, some are recovering better than others. Turkey is leading the pack, with a 66.4% y-o-y growth in UK leisure bookings last year, according to findings from ForwardKeys and Gfk. […]
Posted inTourism
Tourism Ministry mulls using “mystery guests” to assess hotels’ performance
The Tourism Ministry is looking into a proposal to begin using mystery guest assessments to measure the standards of Egyptian hotels, Al Mal reports. Mystery guest assessments entail having an industry professional posing as a regular hotel guest to provide an unbiased evaluation of the hotel. The proposal comes as part of the ministry’s plans […]
Posted inTelecoms + ICT
TE, Etisalat Misr sign first fixed line services MoU
Telecom Egypt signed yesterday the first agreement to provide Etisalat Misr with fixed line services through its infrastructure, according to a joint statement (pdf). The agreement “covers all the basic terms that shall allow both companies to formalize a commercial agreement in due course. No details were provided on the value of the agreement.
Posted inTelecoms + ICT
Orange Egypt’s new mobile phone line sales drop 30%
Orange Egypt’s sales of new mobile phone lines have dropped 30% after the the government’s decision to hike regulatory fees for new lines to EGP 70 from EGP 20 in June, CEO Yasser Shaker tells Tahrir News. Industry insiders had previously claimed that the fee hike would result in EGP 2 bn in losses to […]
Posted inOther Business News of Note
Economic court orders open auction on Al Hayat TV trademarks
The Cairo Economic Court has issued an order for an open auction on Al Hayat TV’s trademarks on 15 August, Al Mal reports. The court had issued a ruling in March sequestering the television network’s trademarks due to the network failing to repay USD 6 mn in debts owed to TV network MBC.