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The House of Representatives’ Health Committee will summon Health Minister Ahmed Rady to discuss med shortages and pricing, according to Al Borsa. The committee is also planning on sending recommendations to the ministry on how to address the shortages and resulting increases in med prices. Rady announced in a statement Tuesday, however, that only 10 […]
Author Archives: enterpriseam admin
Posted inTourism
Part of a statue believed to be of Ankhesenpepi II discovered in Sakkara
Archaeologists discovered the head of a wooden statue, “likely belonging to a female regent who ruled the country more than 4,000 years ago,” the Associated Press reports. The discovery was made in Sakkara, near Giza, but the Antiquities Ministry says the statue is in “poor condition and will have to undergo restoration.” The head is […]
Posted inTelecoms + ICT
Vodafone, TE still haven’t reached domestic roaming agreement -VFE CEO
Vodafone Egypt has yet to ink a domestic roaming agreement with Telecom Egypt, VFE CEO Stefano Gastaut said, according to Al Mal. Talks between the two over the roaming agreement — which will allow TE to use VFE’s network infrastructure to offer its own mobile services — have been ongoing for some time, with Etisalat […]
Posted inTelecoms + ICT
MNOs bring new scratch card prices into effect
Mobile network operators (MNOs) officially brought the new scratch card prices into effect yesterday and sent out large shipments to local distributors, Al Mal reports. Local distributors had alleged last week that MNOs were withholding new shipments to clear out market inventory before the new pricing system came into effect. The National Telecommunications Regulatory Authority […]
Posted inNational Security
Gowind Corvette, Type 209/144 submarine arrive in Alexandria
The first Gowind 2500 Corvette frigate and a second Type 209/1400 submarine arrived in Alexandria yesterday, the military announced. “A military drill was conducted between the Egyptian and French naval forces, including the two new additions to the Egyptian fleet, in the Atlantic Ocean during the frigate's voyage to Egypt, the statement said,” according to […]
Posted inNational Security
Chief of Staff meets with US general
Armed Forces Chief of Staff Mahmoud Hegazy met with the Commander of the US Army Central (ARCENT), Michael Garrett yesterday to discuss increased cooperation on security, according to Ahram Gate.
Posted inON YOUR WAY OUT
Kourtney Kardashian shows Egypt some love
Kourtney Kardashian shows Egypt some love: Kourtney Kardashian put out a warm Instagram post reminiscing about the wonderful time she had in Egypt a few months back. “My recent trip to Egypt was one of the most incredible trips of my life,” she says in her diary. “Visiting Cairo and the Great Pyramid at Giza […]
Posted inON YOUR WAY OUT
On this day: 19 October
ON THIS DAY- On this day 30 years ago, the US experienced the biggest single-day stock market collapse in history after the Dow Jones industrial average dropped 22.5% in what was known as Black Monday. In 1954, Egypt signed an agreement with the UK in 1954 to have it withdraw all of its troops from […]
Posted inThe Market Yesterday
Powered by EGP / USD CBE market average: Buy 17.5960 | Sell 17.6960 EGP / USD at CIB: Buy 17.58 | Sell 17.68 EGP / USD at NBE: Buy 17.60 | Sell 17.70 EGX30 (Wednesday): 13,590 (+0.5%) Turnover: EGP 2.0 bn (113% above the 90-day average) EGX 30 year-to-date: +10.1% THE MARKET ON WEDNESDAY: The […]
Posted inCALENDAR
18-19 October (Wednesday-Thursday): Middle East Info Security Summit, Sofitel El Gezirah, Cairo. 18-20 October (Wednesday-Friday): AfriLabs annual gathering with the theme “Future of Cities: Innovation, Spaces and Collaboration,” The French University, Cairo. Register here. 21 October (Saturday): The African Leadership Academy will hold its “Beyond Education” seminar on university readiness and the future of leadership […]