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The Transport Ministry began implementing unified port fees nationwide last month on a trial basis, Transport Minister Hisham Arafat announced yesterday, Al Masry Al Youm reports. Arafat and Suez Canal Economic Zone head Mohab Mamish had agreed on the unification of fees back in June and follows a series of announced exits by major shipping […]
Author Archives: enterpriseam admin
Posted inSpeed Round
ADNOC to sell at least 10% stake in fuel stations unit in December ADX IPO
IPO WATCH- Abu Dhabi’s ADNOC took a step toward its previously hinted sale of least 10% of its fuel stations unit in a December IPO in the Abu Dhabi Stock Exchange, ADNOC CEO Sultan Ahmed Al Jaber said on Monday in an interview with Bloomberg. The move would make it among the first major state-owned […]
Posted inUncategorized
** SHARE ENTERPRISE WITH A FRIEND ** Enterprise is available without charge — just visit our English or Arabic subscription page, depending on which edition you would like to receive. We give you just about everything you need to know about Egypt, in your inbox Sunday through Thursday before 7am CLT (8am for Arabic), and […]
Posted inImage of the Day
NASA releases new images of Mars
A year later, we look back at NASA’s images of Mars taken by the Mars Reconnaissance Orbiter, reports Science Alert. The high tech camera on board the orbiter takes incredibly detailed images and the good people at Science Alert combed through the 2,054 shots released by NASA to pick the best ones. We went with […]
Posted inEGYPT IN THE NEWS
Egypt’s role in Lebanon tops coverage in the foreign press
The foreign press appears preoccupied this morning with the Lebanon crisis, with Egypt’s regional role as an ally of Saudi Arabia dominating conversation on Omm El Donia as we headed for dispatch. A number of publications including Al Jazeera are interpreting President Abdel Fattah El Sisi’s message urging calm and Foreign Minister Sameh Shoukry’s regional […]
Posted inOn Deadline
Imposing a unified pricing system on private hospitals is unfeasible
The Commies are back: Imposing a state-mandated pricing system on private hospitals is a good idea in principle, but would be difficult to implement on the ground, Mamdouh Shaaban writes for Al Ahram. The unified system, which a Health Ministry official announced is in the works earlier this month, would be the first “serious step” […]
Posted inWorth reading
How Russia came to dominate the global wheat market
Russia is now the dominant supplier of wheat globally, Bloomberg Businessweek’s explores in a report. Russia’s output of wheat has surged in recent years as good growing conditions boost farmers’ profits, allowing them to reinvest in better seeds and equipment. Now, about half of the countries in the world are buying Russian wheat, with Egypt […]
Posted inWorth watching
Seti’s Tomb being 3D printed
Specialist art company Factum Foundation is running a five year project to 3D print a replica of Pharaoh Seti I’s tomb, CNN reports. Part of the replica is already on display in the Antikenmuseum Basel in Switzerland and it is indistinguishable from the original. Three Egyptian specialists have already been trained to use the scanners […]
Posted inDiplomacy + Foreign Trade
Netanyahu says he has spoken to Sisi and Putin on Israeli security
Israeli Prime Minister Benjamin Netanyahu has been in touch with President Abdel Fattah El Sisi and Russian President Vladimir Putin on matters of Israeli security, according to Haaretz. Netanyahu’s comments, which did not delve into specifics, came during a hearing at the Knesset.
Posted inEnergy
EEHC sets 26 November deadline to submit offers for USD 8 bn Hamrawein power plant
The Egyptian Electricity Holding Company (EEHC) has set 26 November as the deadline for companies to submit offers for the USD 8 bn Hamrawein “clean coal” power plant, EEHC sources tell Al Borsa. Three consortia — Shanghai Electric-Dong Fang, General Electric-Harbin Electric, and Mitsubishi-Marubeni-Elsewedy — have qualified for the project, the sources say. The EEHC […]