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Mannequin-making workshops in Qalyubia’s Kharqania Villages struggle to compete with cheaper imports, according to a new episode of Mada Masr’s Beyond the Factory series. The young workers use basic materials to mold and shape the mannequins by hand, offering higher quality than cheaper versions imported from China. “Imported mannequins hinder our work, and the materials […]
Author Archives: enterpriseam admin
Posted inEnergy
Eni begins production on second unit of Zohr
Eni has begun production on the second production unit of Zohr, raising production on the field by 400 mcf/d, the company announced in a statement on Thursday (pdf). The move brings the field’s total production capacity to 800 mcf/d. “The production ramp-up is planned to continue, with the same exceptional performance, in order to reach […]
Posted inEnergy
IFC inspects progress on Benban solar park
The International Finance Corporation (IFC) is reportedly conducting inspections on the Benban solar park to assess progress on the area, sources said on Thursday. The inspection will also include whether the conditions set out by the IFC in its financing, including labor conditions, are met. The IFC had pledged USD 203 mn in loans for […]
Posted inEnergy
Elsewedy Electric wins USD 20 mn tender in Mauritania
Elsewedy Electric has won an international tender for a USD 20 mn rural electrification project in Mauritania, according to Mubasher, which cites MENA. The project aims to provide approximately 30 Mauritanian districts with electricity, according to Mauritanian officials.
Posted inEnergy
Nostra Terra refers Egypt oil dispute to arbitration
A dispute between Nostra Terra subsidiary Sahara Resources Inc. and the operator of the East Ghazalat concession in Egypt has been referred to the London Court of International Arbitration, the UK-based oil and gas company said on Thursday, according to Law 360. Sahara Resources Inc. owns a 50% non-operating interest in the concession, where it […]
Posted inBasic Materials + Commodities
Agriculture Ministry launches nationwide program to grow quinoa
The Agriculture Ministry has launched a nationwide program to grow quinoa, Al Mal reports. The ministry had been working with the UN Food & Agriculture Organization to research growing the grain in arid conditions in Egypt since 2005, Agriculture Minister Abdel Moneim El Banna said. Quinoa, which is widely regarded as a “super food” for […]
Posted inBasic Materials + Commodities
Egypt is starting to become a serious player on the citrus market, says Jaguar
The share of Egyptian oranges in the EU market is increasing and is starting to find its place, writes Jaguar purchasing manager Christian de Haas for Fresh Plaza. “The quality of the citrus is getting better every year, and is now just as good as Spanish citrus,” Christian continues. While Egypt’s citrus is not considered […]
Posted inHealth + Education
Health Ministry to receive first tranche of USD 500 mn World Bank loan in September
The Health Ministry is due to receive a USD 140 mn tranche of USD 500 mn in funding from the World Bank for Hepatitis C eradication in September, said Assistant Health Minister Sayed El Shahed. Earlier this month, Health Minister Ahmed Rady announced that USD 200 mn of the funding will be used to conduct […]
Posted inHealth + Education
Public Enterprises Ministries, UAE to form JV to market Egyptian pharma in UAE
The Public Enterprises Ministry and the UAE Health Ministry signed an MoU on Thursday establishing a JV to market public sector pharma products in the UAE, said Pharma Export Council head Maged George. Meetings will be held by both bodies over the coming few months to set up the company, he added. On a related […]
Posted inReal Estate + Housing
NUCA expects EGP 750 bn in investments from PPP phase three tenders
The New Urban Communities Authority (NUCA) expects the third phase of its social housing development tenders to the private sector to draw in nearly EGP 750 bn in new investments, according to Housing Ministry sources. The second phase of projects tendered under PPP framework, the results for which were due out this month, reeled in […]