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Posted inEGYPT IN THE NEWS
A quiet morning for Egypt in the News on Monday, 15 January 2018
On a quiet morning for Egypt in the international press, the most notable story with some Egypt involvement is the Wall Street Journal’s use of OTMT’s North Korean joint venture as poster child for its piece on how international businesses are still operating in the DPRK despite sanctions regimes. Cyprus Mail takes note of Egypt’s […]
Posted inOn Deadline
Parliament sessions should be live streamed
House of Representatives Speaker Ali Abdel Aal’s decision to appoint a spokesperson for parliament will not improve transparency, Hamdy Rizk writes for Al Masry Al Youm. Restricting what the public’s insight on what goes on in the House to what MPs tell the press is not nearly enough to keep the public informed about important […]
Posted inWorth watching
The Egyptian Reptile Whisperer
A snake hunter in villages north of Cairo has earned notoriety and the nickname “Tyson” by helping communities get rid of venomous snakes, CGTN Africa reports. Mohamed Attia is a self-taught hunter of snakes (and other reptiles) who keeps as pets the creatures he captures. Critics say he is doing more harm by taking the […]
Posted inDiplomacy + Foreign Trade
Israel destroys Gaza “attack tunnel”
The Israeli military said it had destroyed a cross-border “attack tunnel” that ran from Gaza into Israel and Egypt, dug by the Hamas, Reuters reports. “We understand this was a terror tunnel because it runs underneath strategic facilities … It could also have served to transfer terrorists from the Gaza strip into Egypt in order […]
Posted inDiplomacy + Foreign Trade
OIC Secretary General in Cairo to meet with Sisi on 17 January
The Organization of Islamic Cooperation’s (OIC) Secretary General Yousef bin Ahmad al-Othaimeen arrives in Cairo today for a three-day visit that will see him meet with President Abdel Fattah El Sisi on Wednesday, Al Masry Al Youm reports. Al-Othaimeen will also meet with Al Azhar’s Grand Imam Sheikh Ahmed Al Tayeb and attend the opening […]
Posted inInfrastructure
Housing Ministry spending EGP 700 mn on water treatment in Matrouh
The Housing Ministry is building two desalination plants and a sewage treatment facility in the Matrouh government at a total cost of EGP 700 mn,supervisor of utility projects at the ministry Randa Al Menshawi said, according to Al Borsa. EGP 460 mn will be spent to develop the sewage treatment plant which will be built […]
Posted inManufacturing
Packtec Group to open new EGP 100 mn plant in two months.
Packtec Group’s new EGP 100 mn packaging material factory at the Badr Industrial City is set to begin production in two months’ time, Group Chairman Alaa Al Saqty tells Al Shorouk. The plant will produce more than 10,000 tonnes of packaging material a month and will export 80% of output.
Posted inManufacturing
Government to establish 1,000 factory complex for SMEs
The government is set to establish a 1,000 factory complex for SMEs at a cost of EGP 1.5 bn, head of the Small and Medium Enterprises Union Alaa El Sokati said in a press statement reported by Youm7. The location and a timeframe for the complex have yet to be revealed.
Posted inHealth + Education
Plans for a Hungarian university in the new administrative capital
A consortium of investors are reportedly considering starting a Hungarian university in the new administrative capital with a USD 50 mn investment, Al Mal reports. The investment would be self financed, sources say, and the consortium is looking to acquire a 50-feddan land plot to implement the project.