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What did Earth look like 200, 300, or 600 mn years ago? We’ve all studied the various theories about how the planet has morphed over the course of millennia, but few science classes have been as succinct or engaging as The Ancient Earth Globe. The site offers a visual representation of the globe at various […]
Author Archives: enterpriseam admin
Posted inDiplomacy + Foreign Trade
Head of Egypt’s media council warns national media against “targeting” Sudan
The head of Egypt’s Supreme Council for Media Regulation has warned national media against “targeting” Sudan in news reports, Youm7 reports. His statement comes as relations with Khartoum continue to improve following flaring tensions over the Grand Ethiopian Renaissance Dam (GERD) and disputes over border territories, which both countries blamed on media coverage. President Abdel […]
Posted inDiplomacy + Foreign Trade
El Sisi awards Kattan the Nile Sash
President Abdel Fattah El Sisi awarded the outgoing Saudi Arabian Ambassador to Cairo Ahmed Kattan The Nile Sash, according to an Ittihadiya statementon Sunday. Kattan is finishing off a 14-year tenure as Riyadh ambassador to Cairo and its permanent envoy to the Arab League. The Nile Sash is Egypt’s third-highest honor.
Posted inEnergy
Schneider Electric wins EUR 7 mn contract for Zohr control systems
Schneider Electric won a EUR 7 mn contract to supply state-owned Belayim Petroleum (Petrobel) with control systems for the Zohr gas field,company sources tell Al Borsa. Schneider is expected to complete installation work by December this year and is “weeks away” from signing a EUR 25 mn contract with Petrobel that will see it supply […]
Posted inEnergy
Fas Energy to complete work on its Benban solar power plant in August
Fas Energy, a subsidiary of Saudi’s Al Hokair Group, is planning to complete work on its 50 MW solar power plant in the USD 2.8 bn Benban park by August this year, a company source tells Al Borsa. The project is being implemented under phase one of the feed in-tariff (FiT) program, which will see […]
Posted inInfrastructure
Gov’t breaks ground on EGP 1.3 bn multipurpose platform in Damietta port
The government broke ground yesterday on the EGP 1.3 bn multipurpose platform at Damietta Port, Ahram Gate reports. The project, which is expected to increase cargo handling by 4 mn tonnes and generate an annual EGP 160 mn in revenues, is set to be completed within 18 months. Meanwhile, the Damietta Container and Cargo Handling […]
Posted inInfrastructure
Phase 3 of road development project to cost EGP 11.355 bn, says Arafat
The government launched the third phase of the road development project, which is expected to cost state coffers EGP 11.4 bn, Transport Minister Hisham Arafat tells Al Shorouk. The phase will include building and developing six highways, including the Cairo-Assiut highway, spanning a total of 896 km.
Posted inManufacturing
IDA to release 2018 map of industrial land tenders in April
The Industrial Development Authority (IDA) will be issuing its map of land tenders for 2018 next month, authority chief Ahmed Abdel Razek tells Al Shorouk. The government is planning to tender nearly 5 mn sqm to industrial investors this year, he adds.
Posted inReal Estate + Housing
Housing Ministry to launch PPP land tenders phase three in April
The Housing Ministry is preparing to launch the third phase of land tenders for public-private partnership (PPP) projects once it announces the results of the second phase of tenders in April, ministry sources tell Al Borsa. Phase two saw 21 companies make 36 offers for 12 land plots in four cities, with more than EGP […]
Posted inAutomotive + Transportation
China’s SAIC Motors follows up on plans to begin manufacturing cars in Egypt
Trade and Industry Minister Tarek Kabil met yesterday with a delegation from China’s SAIC Motors to discuss the company’s plans to establish an auto manufacturing factory in Egypt, according to a ministry statement. Kabil had met with SIAC’s vice chairman in China last year to look into finding a local partner in Egypt to begin […]