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Are Eni and Total at the precipice of a giant gas discovery in Cyprus? Reports have begun to emerge in the Israeli and Cypriot press this week that Eni and Total are on the brink of a major gas discovery at the Calypso reservoir in Block 6 off the coast in Cyprus. The find is […]
Author Archives: enterpriseam admin
Posted inUncategorized
** SHARE ENTERPRISE WITH A FRIEND ** Enterprise is available without charge — just visit our English or Arabic subscription page, depending on which edition you would like to receive. We give you just about everything you need to know about Egypt, in your inbox Sunday through Thursday before 7am CLT (8am for Arabic), and […]
Posted inEGYPT IN THE NEWS
Western Desert dinosaur fossil tops coverage of Egypt in the foreign press
Topping coverage of Egypt in the foreign press today is last month’s discovery of a dinosaur fossil in the Western Desert. The dinosaur is thought to be of a genus not previously discovered, making the finding “a landmark one that could shed light on a particularly obscure period of history for the African continent, roughly […]
Posted inOn Deadline
Gov’t can improve the economy and the political scene by engaging citizens in the development process
The government should encourage civil society to participate in social and economic development if it hopes to boost positive political engagement and achieve economic growth, Sameh Fawzy says in a column penned for Al Shorouk. He says that many of Egypt’s problems would be resolved if citizens were given a chance to become active participants […]
Posted inWorth watching
SpaceX successfully launches Falcon Heavy
Elon Musk’s SpaceX successfully launched its Falcon Heavy rocket from the Kennedy Space Center last night. The rocket, the most powerful since the Saturn V, is capable of sending 140k lbs of cargo into low-earth orbit. Falcon Heavy could be revolutionary in that it carries three times the loads competitors are claiming—and does so at […]
Posted inDiplomacy + Foreign Trade
Egypt, Oman to set up joint investment fund
El Sisi’s regional mini-tour continues with security talks in UAE, discussion of joint investment fund with Oman: President Abdel Fattah El Sisi discussed setting up a joint investment fund with Oman to enhance trade relations between both countries, Egypt Independent reports. At a meeting with Oman’s Deputy Prime Minister for Cabinet Affairs Fahd bin Mahmoud […]
Posted inDiplomacy + Foreign Trade
Saudi troops deployed in Tiran island
Saudi forces have reportedly been deployed on Tiran island, marking the first step in the handover of the two Red Sea islands of Tiran and Sanafir to Saudi Arabia, Mada Masr claims, citing an unnamed Western diplomat. The Saudi troops replaced Multinational Force and Observers personnel previously stationed on the island, the source adds. The […]
Posted inDiplomacy + Foreign Trade
Shipping line between Egypt and Brazil being studied
The Arab-Brazilian Chamber of Commerce is considering launching a shipping line between Egypt and Brazil, head Rubens Hanoun said yesterday, Youm7 reports. Discussions are set to take place at the next Arab-Brazilian forum in April.
Posted inEnergy
Xodus Group opens shop in Egypt
Oil and gas consultants Xodus Group have opened a new office in Egypt and appointed Salah Farid Tantawy as its first general manager in the country. “Since 2013, Xodus has won over GBP 2 mn in contracts in Egypt. Much of that work was previously won and carried out by Xodus’ offices in Aberdeen and […]
Posted inEnergy
Military Production Minister discusses establishing solar panel factory with China’s GCL Group
Military Production Minister Mohamed El Assar discussed establishing a solar panel factory in cooperation with China’s GCL Group during a meeting in China yesterday with the company’s chairman, Al Ahram reports. The ministry had previously announced its intention to construct a solar panel factory, and had said in March that it was evaluating six offers […]