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Author Archives: enterpriseam admin
Posted inSpotlight
What to expect of the government’s IPO program, according to EFG Hermes Investment Bank Co-CEO Mohamed Ebeid
Egyptian companies were, collectively, the belle of the ball at the EFG Hermes One on One in Dubai last week, attracting the lion’s share of investor interest at the world’s premier emerging and frontier markets conference. But don’t count Saudi Arabia out: Investors love Egypt right now, but the relative smallness of our market and […]
Posted inEGYPT IN THE NEWS
Egypt aspires to become regional energy hub, Ellinas writes
Egypt is basing its strategy to become a regional energy hub on three key pillars, Charles Ellinas writes for Cyprus Mail. The first is domestic, through the gas market liberalization and the appointment of an independent regulator. Technically and commercially, with a well-established energy system with marine platforms, storage facilities, extensive transmission system and infrastructure.The […]
Posted inEGYPT IN THE NEWS
Moussa’s weak presidential campaign is the latest sign that the elections are a “farce”
The Washington Post still wants you to know it doesn’t think much of the elections: Presidential candidate Moussa Mostafa Moussa’s weak campaigning is “the latest sign” that the upcoming elections are a “farce,” Sudarsan Raghavan writes for the Washington Post. Also stories worth a quick skim on this thankfully slow international news day: The former […]
Posted inDiplomacy + Foreign Trade
Shoukry meets with Afrexim chief to discuss CFTZ ahead of Africa tour
Shoukry kicks off Africa engagement tour: Foreign Minister Sameh Shoukry met with African Export-Import bank (Afrexim) chief Benedict Okey Oramah ahead of meetings on launching the Continental Free Trade Zone (CFTZ) in Kigali later this month, according to a ministry statement. Shoukry will then travel on Monday to South Sudan, and Kenya, where he will […]
Posted inEnergy
Toyota Tsusho presents feasibility study on USD 3 bn Suez petrochemicals plant
Prime Minister Sherif Ismail and Oil Minister Tarek El Molla met yesterday with a Toyota Tsusho delegation, which presented its initial feasibility study on the Egyptian Petrochemicals Holding Company’s (ECHEM) USD 3 bn petrochemicals plant, Youm7 reports. ECHEM had agreed with Toyota Tsusho last year to conduct the studies on the plant, which will be […]
Posted inHealth + Education
Port Said governorate in talks over five new PPP schools
Port Said Governor Adel El Ghadban met with private and public education officials and businessmen yesterday to discuss establishing five new schools under the 200 public-private partnership schools initiative, Al Mal reports. Some of the schools are expected to begin operating in the next academic year, according to the governor. This comes as the government […]
Posted inReal Estate + Housing
SODIC signs revenue sharing agreement for a 308 feddan land plot on the North Coast
SODIC announced signing a revenue sharing agreement for two adjacent plots with a total land area of 308 feddans on the North Coast. The agreement provides the land owned with a 28% share of the project’s revenues from unit sales, which SODIC projects to be around EGP 15.2 bn. The land plot is directly off […]
Posted inReal Estate + Housing
President El Sisi forms committee headed by Mahlab to tender land in north sinai
President Abdel Fattah El Sisi has formed a committee led by his advisor for national projects Ibrahim Mahlab to tender land in North Sinai, Al Masry Al Youm reports. The committee will be responsible for the North Sinai development project.
Posted inTourism
Air Cairo launching flights from Azerbaijan, Sweden, and Romania to Sharm
Charter airline Air Cairo will add weekly flights to Sharm El Sheikh from Azerbaijan, Sweden, and Romania, company chief Yasser El Ramly tells Al Shorouk. The move comes as the company aims to increase its passengers to 450k this year.