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Egypt rejected a Russian wheat shipment on Thursday, saying it contained higher levels of ergot than is legally allowed. The 63,000-tonne shipment “contained 0.06% ergot, just above the 0.05% limit permitted according to Egypt’s state tender rules,” Agriculture Ministry spokesperson Hamid Abdel Dayem said last week, Reuters reports. The cargo will likely be re-exported back […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Prosecutors charge GASC vice chairman with financial, administrative improprieties
In other news of interest to commodities players: Prosecutors have charged GASC’s vice chairman with alleged financial and administrative improprieties. The Administrative Prosecution Authority has brought charges of alleged financial and administrative wrongdoing against General Authority for Supply Commodities (GASC) Vice Chairman Ahmed Youssef, Reuters reported. A document from the APA “details charges including the […]
Posted inSpeed Round
Russia lifts three-year ban on Egyptian potato imports
The latest episode of the ergot soap opera comes as Russian authorities agreed to lift a 2015 ban on the import of Egyptian potatoes, according to a Trade and Industry Ministry statement. The ban, which was imposed on potatoes originating from eight farming areas in Egypt due to brown rot infections, will officially be lifted […]
Posted inSpeed Round
IDA to reexamine higher fees for industrial licensing
IDA to take a second look at higher fees for industrial licensing: IDA to The Industrial Development Authority (IDA) is said to be reexamining a new set of higher fees it issued last week amid complaints from businessmen and investors, the head of Parliament’s SMEs Committee, Mohamed El Morshedy, tells Ahram Gate. The IDA — […]
Posted inSpeed Round
El Sisi sworn in for second term in office, highlights new health and education systems, fight against terror as priorities
El Sisi sworn in for second term in office, highlights new health and education systems, fight against terror as priorities: President Abdel Fattah El Sisi vowed in front of the House of Representatives to focus during his second term on building Egypt’s human capital through the new healthcare and education systems that will be introduced […]
Posted inSpeed Round
Supreme Constitutional Court declares NGOs Law clause unconstitutional
Supreme Constitutional Court declares unconstitutional a clause in the controversial NGOs Act: A clause of the NGOs Act granting the Social Solidarity minister jurisdiction to disband the boards of NGOs is unconstitutional, the Supreme Constitutional Court decreed yesterday, Al Masry Al Youm reports. According to the court, the constitution protects the freedom of NGOs to […]
Posted inSpeed Round
Egypt is home to the second highest number of major hotels in Africa
Egypt is home to the second highest number of major hotels in Africa, with 300 established hotels and resorts across its major cities, a new report by real-estate consultancy firm Knight Frank finds. South Africa is in the lead with 430 hotels (or 30% of the continent’s total hotels), with Morocco (153) and Tunisia (103) […]
Posted inUncategorized
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Posted inImage of the Day
American popstar Usher enjoys Siwa waters
American singer-songwriter Usher was in Siwa for some R&R last week. A photo he posted on his Facebook page on Wednesday showed him happily floating in a Siwan hot spring. Egypt Independent has the story.
Posted inEGYPT IN THE NEWS
Ramadan mosalsalat are a “bellwether for politics” in Egypt
The swearing-in yesterday of President Abdel Fattah El Sisi for a second term in office tops coverage of Egypt in the international media this weekend. We have chapter and verse in Speed Round, above. Meanwhile: Ramadan mosalsalat are a “bellwether for politics” in Egypt and other Arab countries, where “governments wield political and financial power […]