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The Arts-Mart Gallery is bringing together visual and performing arts through its second ‘Orchestra In Art’ event, The Three Egyptian Tenors. The show features a full orchestra performing amidst a specially curated exhibition of Egyptian contemporary art. World-renowned conductor Nader Abassi and award-winning Egyptian tenors Hany Abdelzaher, Ragaa Eldin, and Amr Medhat will perform their […]
Author Archives: enterpriseam admin
Posted inEnterprise+: Last Night’s Talk Shows
Expect nothing but election-talk over the next few weeks
Expect nothing but election-talk over the next few weeks as the “get out and vote” campaign nears the crescendo. Issues of media censorship also featured on a boisterous night last night. But first, on the economy: Egypt’s bourse hit a record high, with the benchmark EGX30 crossing the 17,000 mark and turnover hitting EGP 2.5 […]
Posted inEnterprise+: Last Night’s Talk Shows
*** SMART PEOPLE WANTED. We’re hiring at both Enterprise and at our parent company, Inktank. We’re looking for critical thinkers who have outstanding English-language writing skills. Don’t apply if you are not (at an absolute minimum) unafraid of numbers. Among the many posts we have open right now: Senior investor relations advisors at Inktank, who […]
Posted inSpeed Round
Is Renault looking to open an assembly line in Egypt?
Is Renault looking to open an assembly line in Egypt? A delegation from French multinational Groupe Renault is in Egypt to meet with its local distributor, Egyptian International Motors (EIM), to explore the possibility of assembling cars in Egypt, Al Mal reports. Car importers trying to adapt to the coming of the Automotive Directive? Sources […]
Posted inSpeed Round
Egypt maintains 2016 rank in OICA’s 2017 statistics as 39th largest auto producer
Meanwhile, Egypt was ranked the world’s 39th largest auto producer for a second year in a row in the International Organization of Motor Vehicle Manufacturers’ 2017 global production statistics report. Overall output grew 1.13% y-o-y, with the increase largely attributed to a bump in heavy truck output to 26,670 from 25,300 in 2016. Passenger car […]
Posted inSpeed Round
Egypt’s non-oil industrial output jumped 47.6% y-o-y in 2Q2017
Egypt’s non-oil industrial output jumped 47.6% y-o-y in 2Q2017 to EGP 135.5 bn, up from EGP 91.8 bn in 2Q2016, according to a CAPMAS release. Food products accounted for 24.6% of overall output, while steel production accounted for 15.9%.
Posted inSpeed Round
Egypt inaugurates Benban’s first solar plant
First solar facility in USD 2.8 bn Benban park is inaugurated: Electricity Minister Mohamed Shaker inaugurated yesterday Infinity Solar and Ib Vogt GmbH’s 50 MW solar power plant in Benban, Aswan, Ahram Gate reports. The inauguration of the plant, which began feeding the national grid in December, makes Infinity and Ib Vogt the first to […]
Posted inSpeed Round
Aeroflot will resume flights from Moscow to Cairo on 11 April
Should you hold your breath? Russian airline Aeroflot said in a statement yesterday it will resume flights from Moscow to Cairo on 11 April. The airline will run three flights a week, which will then increase to daily flights from 12 June to 2 July to accommodate the World Cup. Ticket sales began yesterday. “A […]
Posted inSpeed Round
Spanish hotels plan to cut prices to keep tourists from returning to Egypt
Spanish hotels plan to cut prices to keep tourists from returning to Egypt: Hotels in Spain’s Mallorca and Ibiza are planning to slash their prices this summer to remain an attractive holiday destination for Brits and Germans, which are “being lured away by Tunisia, Egypt and Turkey,” according to The Sun. “Worries about safety in […]
Posted inSpeed Round
Private sector must create at least 700k jobs a year in Egypt -IMF’s Lall
Egypt’s private sector needs to create at least 700k jobs every year if the country is to meet the needs of its “rapidly growing and young population and improve living standards,” the IMF’s Egypt Mission Chief, Subir Lall, said yesterday. “Job creation at this scale has to be led by the private sector, and in […]