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Miss Game of Thrones yet? Then definitely check out Kit Harrington’s Gunpowder in December. Jon Snow (a.k.a Kit Harrington) stars as Robert Catesby, the leader of the 1605 Gunpowder Plot against England’s King James I, in HBO’s new three-part miniseries Gunpowder, which hits the screens on 18 December. Tim Cullen plays Guy Fawkes and Liv […]
Author Archives: enterpriseam admin
Posted inDiplomacy + Foreign Trade
El Sisi met Lebanon’s Al Hariri in Cairo yesterday
President Abdel Fattah El Sisi met with Lebanese Prime Minister Saad Al Hariri in Cairo yesterday, according to an Ittihadiya statement. The discussion centered around political developments in Beirut, with El Sisi confirming Egypt’s commitment to Lebanese stability and rejection of any form of foreign interference in its internal affairs. Al Hariri, who thanked Egypt […]
Posted inEnergy
Elsewedy Electric guides for FY2017 revenues of EGP 40 bn
Elsewedy Electric is targeting full year revenues in 2017 of EGP 40 bn, up from EGP 24.6 bn in 2016, said the company’s CFO Sherif El Zeiny, according to Al Mal. Speaking at a press conference on Tuesday, El Zeiny said that 50% of the company’s revenues comes from cable manufacturing, while power generation made […]
Posted inEnergy
SDX announces completing a number of projects in Egypt in 3Q2017, attributes rise in profit to Circle Oil acquisition
SDX Energy announced completing a number of projects in Egypt during 3Q2017. The company concluded a twelve-well program at North West Gemsa, which should allow it to achieve its 5,000 boepd target for the year, in addition to finalizing the expansion of a processing facility at its Meseda project by increasing treatment capacity to 20,000 […]
Posted inReal Estate + Housing
IHG to develop a Crowne Plaza Hotel in Sheikh Zayed
InterContinental Hotels Group (IHG) announced it is developing a Crowne Plaza Cairo in Sheikh Zayed City in partnership with Al Badr For Investments and Commercial Spaces Company. Scheduled to open in 2021, the 187-room new build will form part of Phase II of Arkan Plaza. IHG currently has 2,169 rooms in Cairo under the InterContinental […]
Posted inReal Estate + Housing
Mövenpick to manage 300-room hotel in the North Coast
Mövenpick Hotels and Resorts signed an agreement with Arabia Investment & Tourist Development to manage a 300-room hotel on the North Coast,according to Gulf News.
Posted inTourism
Tourism in Egypt rebounding, 2010 levels to be reached next year
The tourism industries in Tunisia and Egypt are rebounding, Colin Randall writes for The National. Egypt is on target to return to 2010-levels of tourist arrivals by next year, Tarek El Bagoury, Managing Director of Egypt Promotion, says. “Early bookings for next summer are up 26 per cent for Egypt but down by 8 and […]
Posted inTourism
PM asks tour operators to promote Sharm El Sheikh
Prime Minister Sherif Ismail encouraged tour operators to market Sharm El Sheikh by providing incentive programs to foreign tour operators,according to a press release from the Tourism Ministry. This came during a meeting with companies which was also attended by Tourism Minister Yehia Rashed and Antiquities Minister Khaled El Nany. Ismail added that a promotional […]
Posted inAutomotive + Transportation
House discussing proposal to reduce licensing fees for personal cars
The House of Representatives and Finance Ministry are currently discussing a bill that would reduce fees for the licensing and registration of personal cars, an unnamed member of the House’s Budgeting Committee tells Daily News Egypt. The proposed law would reduce licensing fees to the equivalent of 0.25% of a car’s total price from 0.5% […]
Posted inBanking + Finance
Volante partners with eVision to enter Egypt and North Africa
Payment software provider Volante Technologies announced its partnership with eVision to deliver efficient and agile payment solutions across the Egyptian and North African banking and finance markets. “eVision is a leading software solution provider in North Africa with a strong presence in Egypt” and will be using Volante’s VolPay Suite of payments processing products to […]