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An ancient library at the St Catherine Monastery in the Sinai has reopened after three years of renovations, according to the AP. The library houses a collection of 3,300 early codices and manuscripts, second only to the ancient collection held by the Vatican Library. Amongst the historical gems housed in the library are medical recipes […]
Author Archives: enterpriseam admin
Posted inTourism
Tourism Ministry looking to make e-visas available for all countries within two years
The Tourism Ministry is planning to make e-visas available for all countries in two years, Al Borsa reports. The ministry is also looking to incorporate additional security measures for tourist visas, including eye and fingerprint scanners, according to former head of the E-Tourism Division of Egypt’s Travel Agents Association, Mustafa Sultan.
Posted inAutomotive + Transportation
Railway tickets will increase by end of June 2018, says Arafat
Railway ticket prices will rise by the end of June 2018, Transport Minister Hisham Arafat announced yesterday, Al Mal reports. The minister did not provide further details on the expected increase. Arafat had previously announced tickets would increase by 4Q2018.
Posted inAutomotive + Transportation
Smart Tuk Tuk unveiled
Egy-Tech Engineering introduced a mini vehicle that is being dubbed the “smart tuk tuk,” according to the Egypt Independent. The four-seater comes in two models: a 150 cc model costing EGP 17,490 and a 250 cc version costing EGP 30k. The little cars are manufactured entirely in Egypt with the exception of the imported engines. […]
Posted inOther Business News of Note
Agriculture Ministry to launch its own investment map next year
The Agriculture Ministry is working on its own investment map, Al Borsa reports, citing unnamed ministry sources. The map will focus largely on livestock projects, in addition to potential investments in the reclamation of agricultural land. The initiative follows the signing of a joint declaration earlier this month between Egypt and the UN Food and […]
Posted inEgypt Politics + Economics
Finance Ministry preparing long-term economic reform strategy for post-2019
The Finance Ministry is currently preparing a long-term economic reform strategy for 2019 onwards, Vice Minister of Finance Ahmed Kouchouk said at a roundtable debate organized by BNP Paribas in Paris, according to a ministry statement. The strategy relies mainly on improving social security through the universal healthcare scheme and improving market competition, in addition […]
Posted inEgypt Politics + Economics
Shafik apologizes to his arrested supporters
Presidential nominee Ahmed Shafik issued an apology to individuals who were arrested “on account of their personal relationship with me, or for being one of my supporters, or for participating and supporting my 2012 presidential campaign.” Shafik said in a tweet yesterday that authorities must resolve the situation as soon as possible and clarify why […]
Posted inNational Security
Egypt agrees to increased military cooperation with Greece and Cyprus
Egypt, Greece and Cyprus agreed to a mechanism for increased military cooperation following Defense Minister Sedky Sobhi’s visit to Cyprus over the weekend, according to an official statement on the Armed Forces’ Facebook page. Sedky met with his Greek and Cypriot counterparts; the three also agreed to expand joint exercises and include Cyprus in the […]
Posted inSports
Salah named EPL player of the month
Mohamed Salah earned the English Premier League’s November award for player of the month, Reuters reports. He is the first Egyptian player to earn the award and it comes less than a week of him being named BBC African Footballer of the year.
Posted inON YOUR WAY OUT
Innoventures announces winners of fourth cycle of its Startup Reactor programme
Adaptable charging solutions Happiana has won the first prize at Innoventures’ fourth startup program cycle, Disrupt Africa reports. Bioniclimbs, a research and development based company for developing prosthetic limbs, came in second place and interactive presentation creation platform Imaginators won the popular vote prize. In total, Innoventures dished out EUR 15k in prizes. The company […]