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The doomed Nile expeditions of Edwardian aristocrats: Orientalists and amateur Egyptologists among Edwardian aristocrats drawn to Egypt in the turn of the 20th century did not exactly find the glamorous voyage they romanticized, Robert Leigh-Pemberton writes for The Telegraph. Reviewing a book titled Aristocrats and Archaeologists — based on the accounts of the Duke of […]
Author Archives: enterpriseam admin
Posted inWorth watching
Documentary of the week: Dirty Money
DOCUMENTARY OF THE WEEK: Be prepared to kiss your families goodbye this week when you start binge-watching Dirty Money, Netflix’s new docu-series on some of the most prominent recent cases of financial crimes and shady practices committed by the biggest corporation. This series, which is produced by Alex Gibney — the creative genius behind such […]
Posted inDiplomacy + Foreign Trade
Egyptian Armed Forces dismiss NYT report on Israeli air strikes in North Sinai
Military denies working with Israel in the Sinai to stop Daesh: Egypt’s Armed Forces issued a statement yesterday denying claims made in a New York Times’ piece suggesting that Israel has been launching covert airstrikes against Islamic militants in the Sinai with President Abdel Fattah El Sisi’s permission. The statement maintained that Egyptian security forces […]
Posted inDiplomacy + Foreign Trade
El Sisi meets with Sultan of Oman in first official visit to Muscat
President Abdel Fattah El Sisi met with Oman’s Sultan Qaboos bin Said in Muscat yesterday on his first official visit to the Sultanate, according to an Ittihadiya statement (pdf). El Sisi and Qaboos discussed ways to improve bilateral relations “across various fields,” including trade and economic cooperation, as well as counterterrorism. The two leaders also […]
Posted inEnergy
EBRD to loan SOPC USD 200 mn
The European Bank for Reconstruction and Development (EBRD) is provisioning a USD 200 mn loan to the Suez Oil Processing Company (SOPC) “to finance a package of energy efficiency investments and other refurbishments and installations at the Suez refinery,” according to the EBRD project website. The loan is classified as a sovereign loan to Egypt […]
Posted inInfrastructure
Transportation Ministry to tender 10 logistics zones, four river transport projects
The Transport Ministry is issuing tenders this year for the development of 10 logistical zones across the country, Minister Hisham Arafat said yesterday, Al Mal reports. These include the USD 2 bn 6 October logistics zone, whose feasibility study was conducted and funded by the European Investment Bank. The ministry will also issue tenders soon […]
Posted inInfrastructure
SCZone in talks to develop 600-meter multipurpose facility in East Port Said Port
The UAE’s AOC has been awarded a contract to develop a handling facility, a pier, and a logistical zone at the East Port Said port, as well as a sugar factory in the Suez Canal Economic Zone, for a total investment cost of USD 1.6 bn, Suez Canal Authority head Mohab Mamish said yesterday. Mamish […]
Posted inInfrastructure
13 companies bid for contract to supply ENR with 1,300 locomotives
The Egyptian National Railways (ENR) has received bids from 13 international companies to supply 1,300 railway cars, Al Borsa reports. The Transport Ministry is expected to select the best offer and sign the contracts within two-three months. Minister Hisham Arafat had said in November that the ministry was choosing between three rival bids from Italy, […]
Posted inBasic Materials + Commodities
Ezz Steel exports grow 112% y-o-y in 11M2017 to USD 465 mn
Ezz Steel’s exports grew 112% y-o-y in the first 11 months of 2017 to USD 465 mn, up from USD 219 mn in the same period a year before, CMO George Matta tells Al Borsa.
Posted inHealth + Education
Teachers with Ikhwani relatives banned from Thanaweya Amma examination process
Teachers who are in any way affiliated with the Ikhwan, including through relatives, will be banned from taking part in the Thanaweya Amma examination process, an Education Ministry source tells Al Shorouk. Security authorities imposing the ban argue that said teachers’ “extremist ideology” would be passed on to students, the source adds.