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Meet the “honorable citizen” trying to kill Egypt’s sense of humor:The New York Times’ Declan Walsh has put a face to the name behind litigation that aims to censor and punish just about anyone in the public domain. The ironically named Samir Sabry can boast being behind frivolous litigation ranging from the silencing of Abla […]
Author Archives: enterpriseam admin
Posted inEGYPT IN THE NEWS
Other international coverage
Also worth noting in brief today: Sudan’s agreement to hand over an island to Turkey is provoking tensions in Egypt, George Mikhail writes for Al-Monitor, while Mohammed Amin wonders if the situation could escalate to war in a piece for Middle East Eye. A number of Christian leaders in Egypt praised the decision to allow […]
Posted inWorth reading
Is English taking over the world?
Is the English language taking over the world? Private English-language school students in Egypt that “now struggle to speak Arabic” are part of a “global generation in which tens of mns of people from outside the English-speaking world speak perfect English,” the Financial Times’ Simon Kuper says. The number of English language students around the […]
Posted inDiplomacy + Foreign Trade
Netanyahu denies reports of proposal to resettle Palestinians in Sinai
Israeli Prime Minister Benjamin Netanyahu’s office denied reports that he had asked the Obama administration to consider a plan in which Israel would annex parts of the West Bank, and the Palestinians would in return receive land from Egypt in the northern part of Sinai, Haaretz reports. The plan, uncovered by former US officials, was […]
Posted inEnergy
ADES extends three major rig contracts in the Gulf of Suez
LSE-listed ADES International Holding announced successfully extending rig contracts in the Gulf of Suez area. ADES extended two existing contracts for Admarine II, Admarine IV and renewed its lease for Admarine VI. BP’s joint venture GUPCO extended its existing contract for ADES' Admarine II jack-up barge and jack-up rig Admarine IV. ADES also renewed its […]
Posted inEnergy
Shell struggling to find a buyer for Gaza Marine
Shell is struggling to find a buyer for its gas field off the Gaza Strip, “even among energy companies long used to dealing with projects fraught with political and security risks,” Reuters reports. “Until the political situation is resolved I really can’t see anything happening here,” a source says. “According to two industry sources, Shell […]
Posted inBasic Materials + Commodities
Agricultural exports up in 2017 despite bans on various crops
Egypt exported 4.813 mn tonnes of crops in 2017, up from 4.343 mn tonnes in 2016, according to an Agriculture Ministry report picked up by Al Shorouk. Citrus exports were in the lead with 1.4 mn tonnes, while potatoes came in second with 800k tonnes, followed by onions with 500k tonnes. Egypt also saw exports […]
Posted inManufacturing
Kabil breaks ground on Polaris SME industrial complex
Trade and Industry Minister Tarek Kabil broke ground yesterday on Polaris Parks’ EGP 250 mn Bosla SMEs industrial complex in 6 October City, according to an emailed statement (pdf). Polaris Parks also signed yesterday a cooperation protocol with the National Bank of Egypt (NBE) to offer subsidized loans to investors in the new complex, Al […]
Posted inManufacturing
Dice looking for leasing contract, says it’s not part of Minya textile city project
Dice Sport and Casual Wear is looking to sign a USD 2.5 mn financial leasing agreement to help pay its short-term debts, the company announced on Thursday (pdf), after receiving the board of directors’ approval. Dice also denied reports that it is part of the consortium bidding to construct the Minya textile city project for […]
Posted inManufacturing
Military Production Ministry signs MoU with Chinese steel pipe company
The Military Production Ministry signed an MoU with China’s Heiching Bay Steel Group of Chinese Steel Pipes and Egypt AAA to cooperate in the manufacture of steel pipes, Military Production Minister Mohamed El Assar said in statements picked up by AMAY. The MoU stipulates that a 550k sqm factory will be built in Egypt to […]