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Egyptian Surrealism from the 1930s and 1940s is on display at the Tate Liverpool, reports The Guardian with a review (scroll halfway down the article), which name-checks the cosmopolitan group’s manifesto titled “Long Live Degenerate Art” and carries images of key works. “Egyptian surrealism is a thing apart. It turns the country’s long coastline into […]
Author Archives: enterpriseam admin
Posted inEGYPT IN THE NEWS
A quiet Monday morning for Egypt in the foreign press
It was a blessedly quiet morning for Egypt in the foreign press, with the Rafah border crossing being handed over to Palestinian Authority administration for the first time in a decade contending closely for the top spot with news of an Egyptian pop singer who was arrested for forgetting to put pants on (and, uhm, […]
Posted inOn Deadline
Despite efforts to diversify water sources, Egypt can’t afford to lose a drop of its Nile water share
Despite efforts to diversify water sources, “Egypt can’t afford to lose a single drop of its 55 bcf of Nile water,” Abdel Moneim Said writes for Al Masry Al Youm. The government is aware that relying exclusively on the Nile — with or without the Grand Ethiopian Renaissance Dam — is not a sustainable plan, […]
Posted inWorth watching
World’s largest pyramid in Mexico not Egypt
The world’s largest pyramid resides in Puebla Mexico and not Egypt, Business Insider reports. The 2,300 year old structure was constructed out of clay and resembles a hill because the mud has allowed flora to grow all over it. Missed by history for thousands of years, it was rediscovered in 1910. While not quite as […]
Posted inDiplomacy + Foreign Trade
Has Egypt begun drumming up international pressure on Ethiopia?
Has Egypt begun drumming up international pressure on Ethiopia? Foreign Minister Sameh Shoukry discussed the ramifications of Ethiopia and Sudan rejecting the independent impact studies on the Grand Ethiopian Renaissance Dam (GERD) with US Secretary of State Rex Tillerson in a phone call on Sunday, according to a statement from the ministry. While the statement […]
Posted inReal Estate + Housing
KVRD begins work on sidewalk project
KVRD Real Estate has begun work on their EGP 500 mn project in New Cairo ‘Sidewalk,’according to AMAY. The 20k sqm project comprises of 19 shops and 28 offices spaces. The company plans on finishing the project in one phase and to start selling within a year. KVRD also has a 15k sqm office project […]
Posted inTourism
Occupancy rates in Luxor reach 70%
Hotel occupancy rates in Luxor have been on an upswing this winter season, reaching 60-70%,head of the Tourism Promotion Authority in Upper Egypt Mohamed Osman told AMAY. He added that rates of USD 85 per night are being spent compared to USD 45 per night last year as well as longer durations of stay. Asian […]
Posted inTourism
Moods to start flights between Casablanca and Sharm El Sheikh
Moods Travel will launch a new direct flight route between Casablanca and Sharm El Sheikh in May 2018,General Manager Atef Ismail told Al Shorouk. The company has been granted all the necessary approvals for 12 flights over the summer months set to bring in 2,200 Moroccan tourists. He noted that Moroccans will be granted visas […]
Posted inAutomotive + Transportation
Military Productions Ministry want in on supplying railways with 1,300 cars
The Military Productions Ministry wants to get in on the international tender to supply 1,300 railway cars, Minister Mohamed Al Assar said, according to Al Borsa. The ministry has been in talks with the Transport Ministry on ways it can contribute to building and supplying railway cars and locomotives, he added. The Transport Ministry had […]
Posted inOther Business News of Note
Knock Mart to invest EGP 25 mn in new branches next year
Knock Mart is investing EGP 25 mn next year to open 20 new stores across the country, CEO Ahmed Taher told Al Mal. The increase brings their cumulative investments to EGP 65 mn and a total of 40 stores in operation, he added. Knock Mart recently signed an agreement with Jumia to offer fresh produce […]