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Transport Minister Hisham Arafat met yesterday with a delegation from China’s International Contractors Association to talk potential cooperation on transportation projects in Egypt, Al Mal reports. The two sides discussed investing in railway projects, establishing dry docks and logistical zones to improve marine services, and upgrading roads and bridges.
Author Archives: enterpriseam admin
Posted inOther Business News of Note
Falcon Group to supply customs authority with 166 X-ray machines
The Customs Authority signed an agreement with Falcon Group International to purchase 166 x-ray machines that will be installed in sea and airports across the country, Al Masry Al Youm reports. The Customs Authority will receive the devices in two batches of 100 and 66 respectively. The value of the contract and timeline of delivery […]
Posted inEgypt Politics + Economics
Sami Anan’s son under investigation for criticizing the state
The Arab Academy for Science, Technology & Maritime Transport has suspended and is investigating Sami Anan’s son, Samir, for allegedly posting tweets critical of the state, Al Shorouk reports. A lawyer had filed a report to the Prosecutor General against Samir, who is a professor at the academy, for “inciting public opinion” against the state. […]
Posted inEgypt Politics + Economics
Prosecutor General orders investigation into opposition bloc calling for elections boycott
Prosecutor General Nabil Sadek has ordered an investigation into members of the opposition bloc that called for a boycott of the presidential elections, Al Shorouk reports. Two separate legal complaints accuse the bloc, which includes former presidential candidate Hamdeen Sabahi, of inciting the public against the state, undermining national security, and attempting to overthrow the […]
Posted inEgypt Politics + Economics
NEC sets up search engine to determine constituency
The National Elections Commission (NEC) has set up an online platform to help voters find their respective polling stations for the March presidential election using their national ID numbers, according to Ahram Online. The page for it can be found here.
Posted inSports
Egypt through to the second round of the Davis Cup
Egypt is through to the second round of the Europe/Africa zone of the Davis Cup for the first time since 1996, according to King Fut. The team dispatched opponents Norway 4-0 in Sharm El Sheikh on Sunday and will now face Denmark away from home.
Posted inON YOUR WAY OUT
Egypt blocks Google’s Accelerated Mobile Pages Project
Egypt has blocked the Accelerated Mobile Pages (AMP) Project, Google’s open source website publishing tool which counts the Guardian and Washington Post among its users, Mada Masr reports. AMP now joins at least 496 platforms blocked on Egyptian service providers since May 2017.
Posted inON YOUR WAY OUT
Nine medals at the youth boxing Arab Championships
Egypt topped the medal table at the youth Arab Championships in boxing, bringing in five gold and four silver, according to Youm7. The event was held at home in the olympic stadium, then in Algeria, and then Tunisia.
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.6205 | Sell 17.7205 EGP / USD at CIB: Buy 17.60 | Sell 17.70 EGP / USD at NBE: Buy 17.59 | Sell 17.69 EGX30 (Monday): 14,962 (+0.6%) Turnover: EGP 1.0 bn (11% BELOW the 90-day average) EGX 30 year-to-date: +0.6% THE MARKET ON MONDAY: The Egyptian benchmark […]
Posted inCALENDAR
08-11 February (Thursday-Sunday): Furnex & the Home international trade fair, Cairo International Convention Center. 10-12 February 2018 (Saturday-Monday): Third Africa STI Forum, Cairo. 12-14 February 2018 (Monday-Wednesday): Egypt Petroleum Show 2018 (EGYPS), New Cairo Exhibition Center. 19-20 February 2018 (Monday-Tuesday): The Banking Tech North Africa, The Nile Ritz-Carlton, Cairo 17-21 February 2018 (Saturday-Wednesday): Women For […]