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Author Archives: enterpriseam admin
Posted inImage of the Day
Mexican archaeologists team up with Egyptians to restore ancient Egyptian tombs
Mexican and Egyptian archaeologists working to restore ancient Egyptian temples: Restoration teams from Mexico are working with Egyptian specialists to preserve national heritage in Luxor as part of a mission aided by specialists in conservation, archeology, architecture, documentation, and photography. This picture shows Egyptian restoration inspector Fatma Khairee and Mexican restorer Luis Armando Canada working […]
Posted inEGYPT IN THE NEWS
Laura Plummer’s family issues apology to Egyptian government
Topping coverage of Egypt in the international press this morning: An apology to the government of Egypt issued by the family of Laura Plummer, the British citizen currently awaiting trial for bringing illegal meds into Egypt, Ruth Michaelson writes for The Guardian. “We realise Laura has unintentionally done wrong in the eyes of the Egyptian […]
Posted inOn Deadline
More needs to be done to narrow the gap between the positive and negative effects of reform
Egypt needs to take additional steps to narrow the gap between the positive and negative impact of the EGP float and other economic reform policies, Ziad Bahaa El Din writes for Al Shorouk. While there’s no denying that reform measures were both necessary and inevitable, the real measure of their success is how they reflect […]
Posted inWorth watching
Egypt’s youth embracing hipster trends
Young Egyptians are embracing trends including hipster hairstyles, piercings and tattoos, the BBC reports. Even the prospect of social backlash at non-traditional looks isn’t keeping the young away from pursuing hipster looks with a few piercing and tattoo parlours already established around town. It is all fair game with body piercings, dreadlocks and some downright […]
Posted inDiplomacy + Foreign Trade
More tensions with Sudan in the offing, as its refusal to accept GERD impact study has more to do with politics
More tensions with Sudan in the offing, as its refusal to accept GERD impactstudy has more to do with politics: It would appear that Sudan’s refusal to ratify the impact studies on the Grand Ethiopian Renaissance Dam (GERD) could be the result of it conflating the issue with other unrelated political problems with Egypt. Sudanese […]
Posted inEnergy
EEHC finalizes EGP 626 mn pump supply contract with Germany’s KSB for West Cairo, Asyut power stations
The Electricity Holding Company (EEHC) finalized contracts worth EGP 626 mn with Germany’s KSB yesterday for the supply of pumps for the West Cairo and Asyut power stations, Al Masry Al Youm reports. We had said in September that KSB would be awarded a c. EGP 330 mn contract for the 650 MW West Cairo […]
Posted inEnergy
Electricity Ministry signs contracts with GKC to develop USD 225 mn waste-to-energy plant
South Korea’s Global Knowledge Company (GKC) will sign today contracts to develop a USD 225 mn waste-to-energy power plant in Beheira under a build–operate–transfer framework, Al Borsa reports. The signing reportedly comes after two years of regulatory haggling to get the project off the ground over licensing. The newspaper claims that the Administrative Control Authority […]
Posted inTourism
International Law preventing Egypt from recovering the Rosetta Stone
International Law is preventing Egypt from recovering certain artefacts like the Rosetta Stone, Antiquities Minister Khaled El Nany told parliament on Monday.
Posted inAutomotive + Transportation
EgyptAir to lease 15 Airbus A320neo aircrafts via AerCap
EgyptAir announced yesterday that it will be leasing 15 new Airbus A320neo aircraft from Dublin-based AerCap, Al Mal reports. Last week, the national flag carrier had announced it would leasing six Boeing 787-9 Dreamliners from AerCap under a plan to upgrade its fleet, which will be delivered in 2019.