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Had parents been involved in the process, the K-12 educational reform plan would have been easier to swallow: The Education Ministry’s drive to reform the country’s public educational system might have encountered less resistance had parents and other stakeholders been involved in the decision-making process, Salma Hussein suggests in a column penned for Al Shorouk. […]
Author Archives: enterpriseam admin
Posted inWorth watching
Moroccan rapper pays tribute to Mo Salah with viral song
Moroccan rapper La Fouine is paying tribute to his favorite football star Mohamed Salah with a song that had over one mn views mere hours after its release earlier this week, Al Arabiya reports. The popular rapper proudly dons his Mo Salah t-shirt for the music video (watch here, runtime: 3:27). The football star just […]
Posted inEnergy
Electricity Ministry plans to raise renewable energy projects’ domestic component requirement
The Electricity Ministry is reportedly planning to increase the minimum local component requirement in future contracts for renewable energy projects, ministry sources tell Al Masry Al Youm. The minimum requirement for wind projects will be set at 10% initially and gradually increase to 40%, while that for solar power projects will be set at 30%.
Posted inManufacturing
Mexican companies plan two projects in Alexandria and the Mediterranean
Mexican steel pipes manufacturer TAMSA is looking to get in on a gas production project in the East Mediterranean, according to Mexican ambassador to Cairo Jose Octavio Tripp. The company Polymers of Mexico also reached an agreement with the General Authority for Freezones and Investment to establish two plastic processing plants in Alexandria, he tells […]
Posted inHealth + Education
School students to be taught morality from a textbook
The government will reportedly introduce a new textbook to teach morality at schools across the country with the start of the new academic year in September. The new textbook is part of a wider effort to “clamp down on religious extremism,” by teaching students about “good behavior and tolerance,” says the Arab Weekly, adding that […]
Posted inReal Estate + Housing
Amaken to invest EGP 500 mn this year in Ain Sokhna’s Seven Stars resort
Real estate developer Amaken is planning to invest EGP 500 mn this year in its new Seven Stars tourist resort in Ain Sokhna, according to Mohamed Tarek, the CEO of project manager Distance Studio Consultants. The project is set to be complete in 2021. Phase three of the resort, which will include a hotel, will […]
Posted inTourism
Egyptian Airport Co. to complete phase one of Sharm Airport expansion in two months
The Egyptian Airports Company is aiming to complete the first phase of planned expansions at the Sharm El Sheikh airport in two months’ time at a total cost of EGP 450 mn, Chairman Mohamed Sallam tells Al Shorouk. The company is also working on a new terminal at Alexandria’s Borg El Arab Airport with Japanese […]
Posted inTelecoms + ICT
SICO to export locally-made smartphone to UAE
SICO Technology will begin exporting its Egyptian-made smartphone to the UAE, Chairman Mohamed Salem tells Al Shorouk. The company, which received approvals from the UAE’s telecoms regulator on the first batch of 1,000 devices, plans to “continue expanding abroad and exporting to Arab and African countries,” he adds. The Android-powered Nile X went on sale […]
Posted inBanking + Finance
Brokerages can keep electronic five-year client records
Financial Regulatory Authority (FRA) Vice Chairman Khaled El Nashar appears to have promised brokerages that it will allow them to hold electronic records of customer transactions over five years after closing a client’s account, according to Al Mal. The pledge came in response to pleas by the securities division of the Federation of Egyptian Chambers […]
Posted inBanking + Finance
Banque Misr to establish new micro-financing arm
Banque Misr is planning to establish a new micro-financing arm to the government’s financial inclusion strategy and also expand its SME lending portfolio, Vice Chairman Akef El Maghraby tells Al Masry Al Youm.