Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
SDX Energy announced on Tuesday that it has made an oil discovery at its Rabul 4 Well in the West Gharib Concession. The company will then then move on to work on its Meseda field, where it will drill two development wells.
Author Archives: enterpriseam admin
Posted inHealth + Education
New capital private schools to begin operating as of academic year 2019-2020
Private schools that have been allocated land at the new administrative capital are expected to begin working as of the 2019-2020 academic year, according to Housing Ministry sources. The schools would operate only at a partial capacity, the sources said, adding that the ministry will work to expedite the issuing of necessary permits.
Posted inTourism
Emaar, OC begin renovation on Al Alamein hotel part of EGP 8 bn Marassi development
Emaar Hospitality Group has begun renovation works on the historic Al Alamein Hotel in Sidi Abdel Rahman bay on the Mediterranean coast — under the EGP 8 bn Marassi tourism development, the company said in a press release on Tuesday (pdf). "We accept nothing less than the highest world class standards for our projects and […]
Posted inTourism
Three Chinese tourists killed, eight injured in Alexandria traffic accident
Three Chinese tourists were killed on Tuesday after their travel van crashed and overturned into a roadside canal by the Alexandria-Cairo desert road, according to Xinhua. Eight others were injured but are currently stable.
Posted inEgypt Politics + Economics
El Sisi pardons 4,003 prisoners on Sinai Liberation Day
President Abdel Fattah El Sisi pardoned 4,003 prisoners yesterday to mark Sinai Liberation Day, Al Masry Al Youm reports.
Posted inON YOUR WAY OUT
Grand Hotel, repackaged and resold on Netflix
Either Netflix got lazy with its picks of shows for Egypt, or we really need to get on the Golden age of television. Apparently the first Egyptian show to be picked up by Netflix is Grand Hotel — itself an adaptation of a Spanish show already on Netflix. Netflix has even found a way to […]
Posted inON YOUR WAY OUT
Egypt maintains ranking of 161 of 180 on World Press Freedom Index 2018
Egypt maintained its ranking of 161 out of 180 in Reporters’ Without Borders 2018 World Press Freedom Index, but with lower scores across the board. The ongoing court case against photojournalist Shawkan and the fact that “multiple NGO websites have been blocked, including Reporters Without Borders’s...attributed to its score’s further decline this year,” the group’s […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.64 | Sell 17.74 EGP / USD at CIB: Buy 17.65 | Sell 17.75 EGP / USD at NBE: Buy 17.57 | Sell 17.67 EGX30 (Tuesday): 18,122 (+0.2%) Turnover: EGP 1.5 bn (30% ABOVE the 90-day average) EGX 30 year-to-date: +20.7% THE MARKET ON TUESDAY: The EGX30 ended […]
Posted inCALENDAR
20-27 April (Friday-Friday): Seventh edition of El Gouna International Squash Open, El Gouna. 30 April (Monday): High Representative of the EU for Foreign Affairs and Security Policy and Vice President of the EU Commission Federica Mogherini visits Cairo. 30 April (Monday): Cypriot President Nicos Anastasiades and Greek counterpart Prokopis Pavlopoulos visit Egypt. 01 May (Tuesday): […]
Posted inWhat We're Tracking Today
What we’re tracking on 24 April 2018
The state of government finances, part I: Finance Minister Amr El Garhy is rightfully putting the onus on the Central Bank of Egypt to help reduce the cost of borrowing — not just for businesses, but for the state, possibly unlocking bns that today goes to debt service and that tomorrow could help provide more […]