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Posted inEGYPT IN THE NEWS
Post-election coverage, SIS threatens to summon foreign journalists
As we noted above, press and political freedom continued to dominate headlines on Egypt internationally. Beyond coverage of Al Masry Al Youm’s fine, there’s a wave of stories critical of the state of political freedom in Egypt. The Wall Street Journal’s editorial board writes that President Abdel Fattah El Sisi winning the election by c. […]
Posted inOn Deadline
Punditocracy was in overdrive over the election turnouts and spoiled ballots
The punditocracy has been in overdrive in past few days over turnout rates and the number of spoiled ballots in the presidential elections. Al Shorouk’s Emad El Din Hussein says that while overall turnout was quite impressive considering the lack of competition, it’s not hard to see why it would be disappointing for the government […]
Posted inWorth watching
The influence of Sci-Fi on the real world
Many of the tech devices we know today appeared first in works of science fiction decades ago, according to the Economist. For that mobile phone in your hand, you can thank Captain Kirk and Star Trek. And of course, all this talk of flying taxi drones must have been ripped off from Blade Runner. “Sci-Fi […]
Posted inDiplomacy + Foreign Trade
Egypt, Sudan sign agreement for Halfa-Aswan cruise line
Egypt, Sudan agree to set up Halfa-Aswan cruise line: The Egyptian-Sudanese Nile River Valley Transport Corporation signed yesterday an agreement with France’s Voyage Sur Le Nil to operate a cruise line between Halfa and Aswan, Al Shorouk reports. Relations between Cairo and Khartoum have continued to improve over the past several weeks following flaring tensions […]
Posted inEnergy
JICA and NREA sign USD 106 mn loan for 20 MW Hurghada solar power plant
The New and Renewable Energy Authority (NREA) and the Japan International Cooperation Agency (JICA) have signed a USD 106 mn loan agreement to fund a 20 MW solar power plant in Hurghada, Al Masry Al Youm reports. JICA appears to have upped the loan from an initial USD 60 mn approved in October. The project, […]
Posted inBasic Materials + Commodities
Supply minister, prime minister to discuss local wheat prices for upcoming harvest season next week
Supply Minister Ali El Moselhy is expected to meet next week with Prime Minister Sherif Ismail next week to discuss the price of buying local wheat for the upcoming harvest season, Farmers Union head El Nouby Abul Loz tells Al Mal. Farmers are pushing to set the price at EGP 700 per ardib, up from […]
Posted inReal Estate + Housing
Emaar appears to have hit a snag in talks to buy 1,500 feddans in the new capital
Emaar Misr appears to have hit an impasse in talks to buy 1,500 feddans in the new capital with the New Administrative Capital Company for Urban Development, according to Al Shorouk. The state-owned company is not budging on selling the land to Emaar Misr for less than EGP 4,000 per sqm. Emaar Misr has offered […]
Posted inTourism
Sharm El Sheikh, Hurghada ranked as world’s top inexpensive luxury holiday destinations
Sharm El Sheikh and Hurghada have topped the list of 100 cities for inexpensive five-star hotel breaks, according to a report by Skyscanner. The two Red Sea resort towns cost an average of USD 106 and USD 122 per night at five-star hotels, respectively. Cairo came in 40th, costing USD 254 per night at a […]
Posted inTourism
Tour operators target Iraqi tourists as EgyptAir set to resume Erbil flights on 13 April
Egypt’s tour operators are looking to attract as many as 500k Iraqi tourists this year as EgyptAir prepares to resume flights to and from Erbil as of 13 April, Al Shorouk reports. The national carrier is set to operate three weekly flights, with talks underway for a fourth expected to begin on 16 September. This […]