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The Dirar family built a replica of their refugee tent during their stay in Egypt for an art installation. The replica tent featured paintings and sketches depicting scenes from the Sudanese family’s everyday life for four years before they were finally able to resettle in Hull in 2015 after escaping war-torn Darfur (watch, runtime: 01:01).
Author Archives: enterpriseam admin
Posted inDiplomacy + Foreign Trade
Agriculture Ministry imposes new regulations on grape exports to India
The Agriculture Ministry has issued a set of new regulations on grape exports to India, Al Masry Al Youm reports. The regulations include requiring cargoes to be stored at 0°C for 10 days prior to shipping and throughout the shipping process, submitting samples from the shipment for testing at the Agricultural Research Center, and including […]
Posted inDiplomacy + Foreign Trade
EUFS exports first shipment of Ugandan beef to Egypt
The Egypt-Uganda Food Security Co. (EUFS) exported the first 50-tonne shipment of Ugandan beef to Egypt, EUFS CEO Sherif El Kallini said, according to ChimpReports.The shipment comes after the signing of three MoUs between President Abdel Fattah Al Sisi and his Ugandan counterpart Yoweri Museveni during the latter’s visit to Egypt in May.
Posted inEnergy
BP to begin drilling its first Gulf of Suez well by October
BP is set to begin drilling its first well in a concession in the Gulf of Suez by October of this year, a company source said yesterday, Al Masry Al Youm reports. BP’s JV with the Egyptian General Petroleum Corporation (EGPC), Gulf of Suez Petroleum Company, will be carrying out the drilling and production works. […]
Posted inBasic Materials + Commodities
GASC issues international tender for unspecified amount of wheat
The General Authority for Supply Commodities (GASC) issued yesterday an international tender for an unspecified amount of wheat, to be shipped between 11 and 20 September, according to Reuters’ Arabic service. The tender results are expected to be announced later today.
Posted inManufacturing
Belarussia’s Bobruisk Agromash, Military Production Ministry to manufacture agricultural equipment
Military Production Ministry subsidiary Helwan Machinery and Equipment company will be working with Belarussia’s Bobruisk Agromash to locally assemble and manufacture agricultural machinery and equipment at company facilities, Al Shorouk reports. No additional details were provided. A delegation of Belarusian businessmen and government officials had visited Cairo last year to discuss establishing joint projects in […]
Posted inAutomotive + Transportation
Transport Ministry to select winning offer to supply 1,300 locomotives next week
The Transport Ministry will announce next week the results of the tender to supply the Egyptian National Railways with 1,300 railway cars for around EGP 19-20 bn, Minister Hisham Arafat tells Al Mal. The top offers were presented by China's CRRC Corporation Limited and a Russian-Hungarian consortium. The Ministry has been embroiled in heavy negotiations […]
Posted inLegislation + Policy
FEI tax committee lays out its recommendation on the new Customs Act on Wednesday
The Federation of Egyptian Industries’ (FEI) tax committee has laid out its recommendations and reservations on the Finance Ministry’s draft of a new Customs Act, Youm7 reports. These appear to be minimal, with its major concerns boiling down to ensuring compliance of the law to the Investment Act, clearly defining production inputs, and making sure […]
Posted inON YOUR WAY OUT
EFA appoints Javier Aguirre to lead the Pharaohs
The Egyptian Football Association (EFA) appointed former Mexico and Japan coach Javier Aguirre to manage the national team. His appointment comes at a steep USD 120k a month. Aguirre was chosen over Thierry Henry, who was highly interested in the job and had been shortlisted. Henry was the EFA’s third choice (and perhaps football fans’ […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.82 | Sell 17.92 EGP / USD at CIB: Buy 17.83 | Sell 17.93 EGP / USD at NBE: Buy 17.78 | Sell 17.88 EGX30 (Wednesday): 15,670 (+0.6%) Turnover: EGP 755 mn (16% below the 90-day average) EGX 30 year-to-date: +4.3% THE MARKET ON WEDNESDAY: The EGX30 ended […]