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Egypt is on its way to once again becoming a net exporter of LNG, according to the US Energy Information Administration’s (EIA) latest report. The report nods to new gas discoveries in the East Mediterranean, coupled with the government's drive to reform the energy sector, for renewing investor and business interest in the country, which […]
Author Archives: enterpriseam admin
Posted inSpeed Round
ADIB reports over 110% jump in 1Q2018 earnings
EARNINGS WATCH- Abu Dhabi Islamic Bank (ADIB) Egypt reported a net profit after tax of EGP 156.8 mn in 1Q2018, up from EGP 73.7 mn during the same period last year, according to an EGX filing.
Posted inSpeed Round
Top admin court orders one-month ban on YouTube over Prophet Mohammed video
Top court orders one-month ban on YouTube over 2012 Prophet Mohammed video: The Supreme Administrative Court upheld yesterday a 2013 lower court decision requiring the National Telecommunications Regulatory Authority (NTRA) to ban YouTube for one month over a film deemed insulting to Prophet Mohammed, Reuters reports. The 2012 low-budget film, “Innocence of Muslims,” had been […]
Posted inSpeed Round
Social Solidarity Ministry launches “Two is Enough” family planning program
The Social Solidarity Ministry has launched a EGP 100 mn “Two is Enough” family planning program, according to a Cabinet statement. The program, which will be funded through the ministry’s NGO support fund and a UN Population Fund grant, aims to curtail the birth rate by specifically targeting around 1.15 mn women enrolled in the […]
Posted inSpeed Round
Salah injured and could miss the World Cup
Mns of Egyptians (alongside Liverpool fans) may use Ramadan to collectively curse the day Sergio Ramos was born: While Real Madrid celebrated its 3-1 win over Liverpool to clench the Champions League last night, mns more were left heartbroken by the injury of star Liverpool striker Mohamed Salah at the hands of one of the […]
Posted inSpeed Round
Russian companies in line for a piece of the RIZ
Russian companies in line for a piece of the RIZ: Trade and Industry Minister Tarek Kabil met with representatives of 60 Russian companies in Moscow over the weekend to discuss potential investment in the long-awaited USD 7 bn Russian Industrial Zone (RIZ). Companies attending the meeting included vehicle manufacturer Sinara Group, Lada manufacturer and Groupe […]
Posted inUncategorized
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Posted inImage of the Day
The hidden museums of downtown Cairo
Hidden in the streets and alleyways of Downtown Cairo are dozens of small museums unknown to the average traveler — or Cairene, for that matter. Local community newspaper Mantiqti points to several of them, including the Royal Chariots Museum, which has been closed for renovations since 2001, the Postal Museum that overlooks Attaba Square, and […]
Posted inEGYPT IN THE NEWS
Mo Salah injury, YouTube “ban” and Abbas detention dominate a busy weekend for Egypt in the international press
Mo Salah’s injury in last night’s Champions League final, a potential one-month YouTube ban and the detention of activist Wael Abbas dominated a busy weekend for Egypt in the international press. We have chapter and verse on Salah and YouTube in Speed Round, above. Blogger and activist Wael Abbas was detained after the State Security […]
Posted inOn Deadline
Temporary workers must be insured and integrated into the formal economy
Providing seasonal workers with insurance is a necessary step toward economic integration, Emad El Din Hussein writes for Al Shorouk. He supports ideas floated by Social Solidarity Minister Ghada Waly, calling for setting working hours and insurance schemes — both social and medical — for seasonal workers to ensure they’re receiving their rights and also […]