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The international media’s coverage of Egypt’s presidential election continues with Reuters reporting that the Egyptian government is concerned with clamping down on fake news. In the US, Rep. Jim McGovern (Democrat of Massachusetts) says that there is bipartisan concern in Congress over events leading up to the election, Mohamed Elshinnawi reports for VOA. McGovern, who […]
Author Archives: enterpriseam admin
Posted inOn Deadline
High voter turnout abroad will likely be replicated domestically, nation’s columnists say
Reports of good turnout among Egyptian expatriates is a positive sign that Egyptians are not suffering from another bout of political passivity, particularly since President Abdel Fattah El Sisi’s win is a foregone conclusion, Emad El Din Hussein writes for Al Shorouk. The turnout abroad is also a good omen for the vote that will […]
Posted inWorth reading
When Qatar’s meddling backfires, and ethnic cleansing is the result
When Qatar’s meddling backfires, and ethnic cleansing is the result: Here in Egypt, we are no strangers to the direct and oversized political machinations of the statelet known as Qatar. Much of the instability in neighboring Libya can be laid on Doha’s doorstep. But the New York Times’ in depth report on an ethnic cleansing […]
Posted inDiplomacy + Foreign Trade
Egypt, UN sign USD 1.2 bn Partnership Development Framework Agreement
Egypt, UN sign USD 1.2 bn 2018-2022 Partnership Development Framework Agreement: UN Resident Coordinator in Egypt Richard Dictus and Investment and International Cooperation Minister Sahar Nasr signed yesterday the USD 1.2 bn 2018-2022 Partnership Development Framework Agreement, according to a ministry statement. The agreement focuses on supporting inclusive economic development, social justice, women’s empowerment, and […]
Posted inDiplomacy + Foreign Trade
Chinese business delegation in Egypt next month to discuss textile investments
A Chinese business delegation is visiting Egypt next month to discuss investment opportunities in textile industries, Chinese Ambassador to Egypt Song Aiguo tells Al Borsa. The visit comes a few months after the Industrial Development Authority (IDA) and Egyptian-Chinese company Sino-Egypt Minkai agreed to set up a USD 2 bn textile industrial complex over 3.1 […]
Posted inDiplomacy + Foreign Trade
El Sisi, Sameh Shoukry meet with Emirati FM Abdullah Al Nahyan
President Abdel Fattah El Sisi and Foreign Minister Sameh Shoukry met with Emirati Foreign Minister Abdullah bin Zayed Al Nahyan, according to an Ittihadiya statement. The meeting follows the first summit of the Egyptian-Emirati Economic Committee which saw the signing of a number of MoUs to lower trade barriers and bolster investment in renewable energy, […]
Posted inDiplomacy + Foreign Trade
El Sisi, Anastasiades discuss cooperation in phone call
President El Sisi also discussed increasing cooperation with Cypriot President Nicos Anastasiades in a phone call yesterday, according to an Ittihadiya statement. The two presidents also touched on trilateral relations between Egypt, Cyprus, and Greece.
Posted inEnergy
EPROM receives two offers to operate, maintain oil fields in Iraq, Kuwait
Egyptian Projects Operation and Maintenance company (EPROM) has received an offer to operate Iraq’s Siba natural gas field in partnership with the Egyptian Maintenance Company (EMC), according to Ahram Gate. EPROM has also received another offer to operate and maintain water processing units at Kuwait’s Al Zour oil field, CEO Amgad El Ahmady has said, […]
Posted inEnergy
Agiba’s cumulative production reaches 500 mmbbl
Eni JV Agiba’s cumulative production has reached 500 mmbbl, the Italian oil company announced on Thursday, according to Oil Review Middle East. “The 37-year-old venture has seen a recent boost in production through discoveries in the western desert of Egypt, such as the Rosa North, Emry Deep and Meleiha West Deep.”
Posted inEnergy
El Molla meets with PowerChina, Methanex to discuss expansion in Egypt
Oil Minister Tarek El Molla has met with the heads of PowerChina and Methanex to discuss investment opportunities in Egypt, Al Masry Al Youm reports. The Chairman of PowerChina expressed interest in expanding into Egypt as it turns into a regional energy hub. Senior Vice President of Canada’s Methanex Corporation Brad Boyd reportedly talked up […]