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Over the past 200 years, Egypt has had a total of seven flags on its masts, with a new flag for every phase of its history during the past two centuries, Sarah Ahmed Shawky writes for Stepfeed. From the three crescents designed in 1517 when Egypt was absorbed into the Ottoman Empire, each flag “symbolized […]
Author Archives: enterpriseam admin
Posted inEGYPT IN THE NEWS
Media issues in Egypt continue to dominate the conversation in the foreign press
Media issues in Egypt continue to dominate the conversation in the foreign press, especially following Prosecutor General Nabil Sadek ordering on Friday the detention of the woman who spoke to the BBC about her daughter alleged forced disappearance for spreading false news, Reuters reports. Mahmoud was at the center of Orla Guerin’s controversial report on […]
Posted inEGYPT IN THE NEWS
Egypt appears to extend deadline to eradicate terrorism in Sinai
It would appear that Egypt has extended the three-month deadline to eradicate terrorism in Sinai, which expired on Thursday, writes Jared Malsin for the Wall Street Journal. El Sisi’s deadline has been prominent, “but it wouldn’t be the first self-imposed deadline for victory that comes and goes,” said Zack Gold, an analyst on Sinai with […]
Posted inEGYPT IN THE NEWS
UN report to prove Egypt bought North Korean arms?
UN report to prove Egypt bought North Korean arms? The UN will release a report this month that identifies a subsidiary of the Arab Organization for Industrialization as the customer for a shipment of North Korean weapons that was intercepted off the coast of Egypt in 2016, Declan Walsh writes for the New York Times. […]
Posted inEGYPT IN THE NEWS
Egypt warns Hamas against escalating fight with Israel
Egypt has warned Hamas against escalating tensions with Israel, sources told Hebrew media yesterday, the Times of Israel reports. This came as Hamas refused an Egyptian request to disclose the location of IDF soldiers who went missing while fighting in Gaza more than three years ago, the newspaper says. An Egyptian security delegation was in […]
Posted inEGYPT IN THE NEWS
Other international coverage
A new analysis of two 5,000-year old Egyptian mummies shows the pair had some of the world's oldest tattoos, according to National Geographic. Also worth noting in brief: Egypt’s natural gas sector “is on a roll,” according to Arab News, which says that Zohr has been “a game changer” for the country. Two prominent human […]
Posted inWorth watching
Egypt green apartment complex to include indoor forests
A solar and wind-powered complex of apartments, shops and offices called The Gate is under construction in Cairo’s Heliopolis, Business Insider reports. Designed by Vincent Callebaut Architectures, the green complex will feature nine cylindrical structures covered in plants, which the designers call "mega-trees”. Construction began in 2014 and will be complete by 2019 (watch, runtime: […]
Posted inEnergy
Al Kharafi-Taikai-NHVS consortium wins contract for EGP 653 mn transformer substation
The Egyptian Electricity Transmission Company signed a EGP 653 mn contract with an Al Kharafi-Taikai-NHVS consortium to construct a substation in East Sohag, Al Mal reported. The substation will be constructed on a turnkey basis and should be complete within 12 months.
Posted inBasic Materials + Commodities
Suez Cement to delist from LSE, to cancel GDRs
Suez Cement Company is planning to delist from the London Stock Exchange and cancel the company’s global depository receipts by month’s end, Reuters reports. The move seeks to optimize “the company’s internal procedures and costs,” the company said explaining that the LSE listing is “inconsistent with the company's strategy and funding plans.”
Posted inManufacturing
IDA to auction 2 mn sqm of industrial land to private investors in Sadat City in March
The Industrial Development Authority (IDA) is preparing to auction 2 mn sqm of industrial land for investors and businessmen in Sadat City in the second week of March, sources tell Youm 7. A second auction in an unknown location is scheduled for May.