Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
President Abdel Fattah El Sisi is using vast infrastructure megaprojects “to inspire a sense of national achievement and economic might” ahead of the upcoming presidential elections, Jared Malsin writes for The Wall Street Journal. “This is not investment [capital]. This is political [capital] … The long-term consequences of this are very negative for the economy. […]
Author Archives: enterpriseam admin
Posted inEGYPT IN THE NEWS
Trump does not care about human rights -NYT
US President Donald Trump usually makes no effort to disguise how little he cares about human rights, Gary J Bass writes for The New York Times, criticizing displayed support for Egypt’s President Abdel Fattah El Sisi. “Instead of viewing human rights as a universal ideal, Mr. Trump invokes them only strategically, when they are useful […]
Posted inEGYPT IN THE NEWS
Egypt’s Moneyfellows hopes to launch product-based circles
Egypt-based fintech startup Moneyfellows is working to launch “product-based circles, where users would get products they’re looking for, rather than cash”, founder and CEO Ahmed Wadi tells Entrepreneur Middle East. The web and mobile-based crowdfunding platform, which recently raised USD 600k in seed funding from Dubai-based Angel Investors and 500 Startups, has digitized the concept […]
Posted inEGYPT IN THE NEWS
Tourism on the comeback trail
The amount of private and public investment in Egypt’s tourism sector is indicative of the sector’s ongoing recovery, Daniella Cohen writes for The Media Line. Cohen points to projects such as the USD 3.3 bn Disneyland-style theme park being planned in Marsa Matrouh and efforts to revamp the area around the Giza pyramids to as […]
Posted inEGYPT IN THE NEWS
Egypt is poised to again become a net exporter of LNG
Egypt is poised to again become a net exporter of liquefied natural gas, LNG World Shipping says. “The only obstacle standing in the way of the country’s re-emergence as a net LNG exporter over the next few months is another surprise decline in the output potential of the domestic gas fields.”
Posted inEGYPT IN THE NEWS
Other international coverage
Also worth noting in brief: Egyptian dating app Harmonica is developed taking into consideration local cultural norms and hanging romance for Egypt’s conservative millennials, New Statesman reports. The improved ties between Egypt an Cyprus have raised Turkish concerns “over the past few years,” Mahmoud Fouly and Abdel-Maguid Kamal write for Xinhua, reviewing the regional tensions […]
Posted inOn Deadline
Military campaign in Sinai must be complemented with a development program
Egypt’s military offensive in Sinai must be complemented with a far-reaching development campaign to benefit the peninsula’s population, says Al Masry Al Youm’s Ahmed El Sawy. While a military strategy is necessary to address the militant insurgency, the state must enlist the help of civil society to address the needs of the peninsula’s inhabitants and […]
Posted inWorth watching
Scientists create ‘Super Wood’
Scientists in the University of Maryland have devised a new chemical they say can make wood stronger than steel. The chemical cocktail cooked up by Maryland University’s Liangbing Hu and his team densifies the wood to make it up to a dozen times stronger so that it can stop bullets, be used in the manufacturing […]
Posted inDiplomacy + Foreign Trade
Trade Ministry renews export tariffs on eight minerals
The Trade and Industry Ministry has renewed export tariffs on eight minerals and goods for another year starting from this month, an official statement said. These include quartz, raw granite and marble, and talcum powder.
Posted inHealth + Education
NOMP signs MoU with Korea’s Medtech to build medical equipment factory
The National Organization for Military Production (NOMP) and its subsidiary Al Maadi Company for Engineering Industries have signed an MoU with Korean company Medtech to establish a factory for medical equipment, Al Shorouk reports. The factory is meant to cover both local market needs and export to other countries, according to Military Production Minister Mohamed […]