Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Egypt’s Baladi dog breed has been gaining new fans, BBC reports. Attitudes towards Baladi dogs, which constitute the majority of strays, are changing due to their “character, faithfulness and street-smarts,” according to the report. Owners list their qualities that range from guarding, and intelligence to trainability and strong immune systems. “Gallant, faithful, clowns, family, regal, […]
Author Archives: enterpriseam admin
Posted inDiplomacy + Foreign Trade
El Sisi, Portugal’s de Sousa talk illegal migration, SCZone investments
El Sisi, Portugal’s de Sousa talk illegal migration, SCZone investments: President Abdel Fattah El Sisi discussed cooperation on illegal migration and investing in the Suez Canal Economic Zone (SCZone) with his Portuguese counterpart Rebelo de Sousa, according to an Ittihadiya statement (pdf). The two leaders stressed the importance of Europe’s cooperation with Egypt on the […]
Posted inDiplomacy + Foreign Trade
Egypt signs Arab trade agreement for services
Egypt signed on Thursday an agreement for service industry cross-border trade between Arab countries, according to a Trade and Industry Ministry statement. The signing took place on the sidelines of the Arab League’s Economic and Social Affairs Council meeting in Riyadh.
Posted inEnergy
SDX announces discovery at South Disouq
SDX Energy announced a gas discovery at its Ibn Yunus-1X exploration well at South Disouq, of which it is the operator and has a 55% working interest. “The Ibn Yunus-1X well was drilled to a total depth of 9068 feet and encountered 100.8 feet of net conventional natural gas pay in the Abu Madi horizon, […]
Posted inEnergy
EBRD issues procurement notice to consult EETC on developing auction framework for renewables
The European Bank for Reconstruction and Development (EBRD) issued last month a procurement notice for a consultancy firm to advise the Egyptian Electricity Transmission Company (EETC) on developing a new framework for renewables projects. The new procurement mechanism would replace the feed-in tariff scheme, according to an EBRD statement. The winning firm or consortium would […]
Posted inEnergy
Egypt, Saudi Arabia to sign MoU to cooperate on petroleum and mining
Oil Minister Tarek El Molla agreed with his Saudi counterpart Khaled Al Faleh to prepare an agreement for Egypt and Saudi Arabia to cooperate in petroleum and mining exploration, according to a ministry statement. El Molla and Al Faleh also agreed to arrange meetings between the Egyptian General Petroleum Company and various Saudi oil companies.
Posted inTourism
Gov’t looks into setting up JV with Emirati company to develop Shepheard hotel
The Public Enterprises Ministry is in talks with an unnamed Emirati company to set up a joint venture with the Egyptian General Company for Tourism and Hotels (EGOTH) to develop the Shepheard hotel in downtown Cairo, Al Mal reports. The agreement would see the Emirati company and EGOTH each holding a 50% share of the […]
Posted inTourism
Air Cairo to launch first Alex-Milan flight on 29 April
Charter airline Air Cairo is planning to launch its first weekly Alexandria-Milan flight on 29 April, Youm 7 reports. Air Cairo boss Yasser El Ramly recently announced that his company would add weekly flights to Sharm El Sheikh from Azerbaijan, Sweden, and Romania.
Posted inTourism
Transport Ministry considers high-speed train connecting Marsa Alam and Luxor
The Transport Ministry is studying the development of a high-speed train connecting Marsa Alam and Luxor to facilitate tourist access to and between the cities, Al Masry Al Youm reports. The project could also attract more investments to the two tourist destinations.
Posted inAutomotive + Transportation
Careem raises fares, captains’ profit margins
Ride-hailing app Careem decided to raise fares on its GO and GO+ services, and increasing the payout for its drivers working for those services, Al Mal reports. The fare hikes come as ride-hailing companies, drivers, and customers are all waiting on the Ride-Hailing Apps Act to regulate the industry.