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Author Archives: enterpriseam admin
Posted inUncategorized
** SHARE ENTERPRISE WITH A FRIEND ** Enterprise is available without charge — just visit our English or Arabic subscription page, depending on which edition you would like to receive. We give you just about everything you need to know about Egypt, in your inbox Sunday through Thursday before 7am CLT (8am for Arabic), and […]
Posted inEGYPT IN THE NEWS
UAE investors have their eyes on Egypt
Egypt is one of several countries in the region that UAE investors have got their eyes on, according to Khaleej Times. “‘We see great potential in Egypt where laws and regulations are improving with greater clarity in investment protection,’” said UAE International Investors Council (UAEIIC) Secretary General Jamal Al Jarwan. “‘In three months' time, there […]
Posted inEGYPT IN THE NEWS
Cairo’s desert land reclamation project is a strong opening for Italian companies
Cairo’s desert land reclamation project is seen as one of the best openings for Italy’s renewables and sustainability sector, officials from Italian trade promotion agency ICE tell AnsaMED. The project, which includes setting up irrigation systems using renewable energy, gives investment chances for Italian biogas, photovoltaic, LED lighting, and eco panel manufacturing firms, particularly since […]
Posted inWorth reading
It’s concern for our pockets rather than the environment that will instigate the switch to electric cars
It’s concern for our pockets rather than the environment that will instigate the switch to electric cars, Alexander Landia writes for the Financial Times. Electric cars are proving more cost-effective, Landia says, arguing that they can be cheaper to operate than their diesel counterparts (especially for high-mileage drivers such as taxis) and are expected to […]
Posted inWorth watching
How Egypt’s filmmakers struggle with censorship boundaries today
Egyptian filmmakers are up against strict moral boundaries today in a country once known as the “Hollywood of the Middle East,” according to a report from the BBC. Director Hala Khalil says she has had to cut parts of her films for not passing the watchful eyes of censors. She attributes the tougher restrictions on […]
Posted inDiplomacy + Foreign Trade
El Sisi, Al Nahyan talk regional developments and anti-terror cooperation
President Abdel Fattah El Sisi talked regional developments and anti-terror cooperation with Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan in Cairo yesterday, according to an Ittihadiya statement. Al Nahyan’s two-day visit to Egypt, which wraps up today, coincided with the launch of the “Khalifa-3” joint maritime drills in the Red Sea, the Armed […]
Posted inDiplomacy + Foreign Trade
Continental freetrade zone will take two years to be implemented fully
The pan-African Continental Freetrade Zone (CFTZ) will take around two years to come into full effect, Trade and Industry Ministry spokesman Yasser Gaber says, Al Shorouk reports. According to Gaber, the 44 signatories will need time to reach consensus on the fine print. Minister Tarek Kabil had said that the next round of talks would […]
Posted inEnergy
Electricity Ministry holds talks to finance USD 500 mn electricity grid connection project with Sudan
The Electricity Ministry is planning to hold talks with 10 regional and international finance institutions to fund a 300 MW electricity grid interconnection project between Egypt and Sudan, which estimated to cost USD 500 mn, according to sources. The organizations the ministry is eyeing include the International Finance Corporation, the European Bank for Reconstruction and […]
Posted inEnergy
Egyptian-Chinese-Saudi-Spanish consortium breaks ground on four USD 180 mn solar plant in Benban
A consortium of four unnamed companies from Egypt, China, Saudi Arabia, and Spain broke ground on four solar power plants in the Benban solar power park worth a combined USD 180 mn, Youm7 reports. The plants will produce a combined 186 MW of power. The first 50 MW solar facility in the USD 2.8 bn […]