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Right here in our beloved Maadi’s Bardo Clubhouse is the “Vanished Library” run by Omar Amin, according to Cairo Scene. His personal project started with a humble single shelf in Bardo with the simple concept of taking a book but leaving a replacement has grown into a shop that is equal parts bookstore, library, antique […]
Author Archives: enterpriseam admin
Posted inDiplomacy + Foreign Trade
UK business delegation in Egypt to discuss potential investment
A delegation from the UK’s CDC Group and subsidiary Globeleq discussed potential investments with a number of state officials in Cairo yesterday, including the ministers of transport and electricity, as well as Suez Canal Authority head Mohab Mamish. UK ambassador John Cassin, who attended the meeting, said that 2018 would usher in a series of […]
Posted inDiplomacy + Foreign Trade
El Sisi holds talks with Palestine’s Abbas, Kuwait’s National Assembly speaker
President Abdel Fattah El Sisi held talks with Palestinian counterpart Mahmoud Abbas in Cairo yesterday that centered mostly around the fallout from US President Donald Trump’s declaration of Jerusalem as the official capital of Israel. El Sisi confirmed Egypt’s disapproval of the decision and determination to move the Middle East peace process forward and aid […]
Posted inEnergy
EEHC to receive bids for operation and maintenance tender for Siemens power plants
The Egyptian Electricity Holding Company (EEHC) is set to receive today bids in its open tender for the operation and maintenance of the three Siemens combined-cycle power plants, Al Borsa reports. 10 companies, including Siemens, an Orascom-ADERA Energy consortium, an Elsewedy-EDF consortium, Germany’s STEAG GmbH, Hassan Allam, a Triangle-GD France consortium, Korea’s Doosan, and Japan’s […]
Posted inEnergy
Finance Ministry issues letters of guarantee for 15 solar power projects
The Finance Ministry has issued letters of guarantee for 15 of 30 solar power companies for their projects under Phase 2 of the feed-in tariff (FiT) program, unidentified government sources tell Al Borsa. The ministry will issue the remaining 15 letters before the end of next week. The Egyptian Electricity Transmission Company has accepted the […]
Posted inInfrastructure
Government receives offers for 6 October City dry port
The Finance Ministry has reportedly received “dozens of offers” from local and international firms in a tender issued by the Transport Ministry for the development of a dry port in Six October City, a ministry official tells Al Mal. The results of the tender will be announced after the bidding window closes on 7 March, […]
Posted inTourism
SLCC to discuss Giza Plateau development plan with Orascom next week
The Sound and Light Cinema Company (SLCC) will meet next week with executives from Orascom Telecom Media and Technology Holding (OTMT) to discuss the details of the Giza Plateau development project now that it has received preliminary approval, Al Shorouk reports. OTMT is meant to help develop and run the sound and light show, in […]
Posted inAutomotive + Transportation
White Walker Automotive reviewing four global offers to restart operations
The Nasserist zombie car company, El Nasr Automotive Company, is reviewing partnership offers from four global firms in order to restart manufacturing and assembly operations, CEO Ibrahim Aglan tells Al Mal. The Public Enterprises Ministry had announced in December that the national car manufacturer was reviving talks with potential foreign partners after negotiations stalled in […]
Posted inAutomotive + Transportation
Hashem Bus to meet with General Motors on Sunday
Executives from the International Automotive Manufacturing Co, Hashem Bus, will meet with counterparts from General Motors (GM) on 21 January to negotiate their supply agreement, Hashem Bus General Manager Sayed Morsi tells Al Mal. Hashem Bus is hoping to buy more bus chassis from GE in order to increase its production levels to 150 buses […]
Posted inBanking + Finance
CBE to launch QR code-based payment system
The central bank is planning to launch a QR code-based payment system in the next few days, Governor Tarek Amer said yesterday,Al Mal reports. Amer said the technology comes at a much cheaper price than other PoS equipment and can be easily integrated into the local banking network. The move comes as part of the […]