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The Egyptian Electric Utility and Consumer Protection Agency (Egyptera) has delayed the announcement of the new feed-in tariff (FiT) rate for waste-to-energy (WtE) projects, Electricity Ministry sources tell Al Borsa. The meeting which would settle on the new FiT rate may be rescheduled for two weeks from now, according to the sources. Reports had emerged […]
Author Archives: enterpriseam admin
Posted inInfrastructure
Mahlab’s North Sinai committee to focus on water, infrastructure
A newly established North Sinai development committee led by the President Abdel Fattah El Sisi’s advisor for national projects Ibrahim Mahlab will focus on water resources and infrastructure projects over 400k feddans, Al Masry Al Youm reports. The committee is also preparing to tender 156.5k feddans for development projects by the end of this year.
Posted inBasic Materials + Commodities
Egypt’s wheat production expected to rise 4.3% in FY2018-19
Egypt’s wheat production is expected to rise 4.3% y-o-y to reach 8.45 mn tonnes in the 2018-19 harvest season, according to a US Department of Agriculture report (pdf). The “forecast is based on an increase in the total area harvested reaching to 1.32 mn hectares.” The department also sees Egypt’s wheat imports rising marginally to […]
Posted inBasic Materials + Commodities
Egypt’s Modern Nile Cotton partners with Oritain to assess cotton authenticity
Supply chain traceability company Oritain has partnered with Egypt’s Modern Nile Cotton Company — Egypt’s largest cotton trading company — “to scientifically verify the claimed origin of the [latter’s] cotton and mitigate risks in their supply chain,” Oritain announced. The partnership is meant to ensure the authenticity of the cotton Modern Nile supplies. The issue […]
Posted inHealth + Education
Health Ministry launches electronic database to track meds production, distribution
The Health Ministry has launched an electronic database to monitor the production and distribution of medications across the country, Youm7 reports. The system will require local pharma manufacturers and distributing companies to enter a barcode into the database for every medication in the market since 1 January by 18 March, Health Ministry official Rasha Ziada […]
Posted inAutomotive + Transportation
Bahri, SCZone implement 2016 agreement to establish a joint navigation company
The National Shipping Company of Saudi Arabia (better known as Bahri) and the Suez Canal Economic Zone (SCZone) began implementing yesterday a 2016 agreement to establish a joint Egypt-Saudi navigation company, Al Shorouk reports. The company, which would be based in Egypt, would transport products and materials required to develop the SCZone. The agreement also […]
Posted inEgypt Politics + Economics
Court of Cassation recommends removing Aboutrika from terror watchlist
The Court of Cassation’s prosecution committee has recommended the repealing a 2017 Criminal Court ruling to place 1,538 people, including retired footballer Mohamed Aboutrika, on a terror watchlist on charges of funding the outlawed Ikhwan group, Al Shorouk reports. The Court will review the recommendation in its 18 April session.
Posted inEgypt Politics + Economics
Prosecutor General forms hotline to snitch on "fake news"
The Prosecutor General’s office has opened a hotline for people to snitch on what they consider fake news, Al Shorouk reports. The decision comes amid a nationwide crackdown on all sorts of media platforms ahead of the March presidential election.
Posted inNational Security
Egypt’s arms imports have grown 215% over the past 10 years -SIPRI
Egypt’s arms imports have grown 215% since 2008, securing its spot as the world’s third-largest weapons importer between 2013 and 2017, according to the Stockholm International Peace Research Institute. The jump in Egypt’s weapons purchases came as part of “the upward trend that began in the early 2000s” that saw an increase in international arms […]
Posted inSports
Mohamed Salah transfer value sees highest increase in Europe
Mohamed Salah's transfer value has seen the highest increase for any player in Europe's top leagues during the last six months, according to new data carried by BBC. The Liverpool top scorer’s market value has risen to EUR 162.8 mn from EUR 74.7 mn.