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MOVES- The Supreme Constitutional Court (SCC) approved yesterday appointing Tarek Shibl as one of the court’s deputy justices, succeeding Hamdan Fahmy, Al Mal reports. Shibl was previously the president of the court’s Commissioners Authority. This comes as President Abdel Fattah El Sisi signed into law yesterday a decree promoting 24 judges at the Court of […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Kurdistan referendum to run today, Merkel gets fourth term
Among the international stories we’re flagging for you this morning: The controversial referendum for Kurdistan’s independence is taking place today, despite pressure from the international community to delay. This one could make things rather messy in the neighborhood, so watch this space. German Chancellor Angela Merkel is on for a fourth term “despite a sharp […]
Posted inSpotlight
Battle Royale of the auto sector
Battle Royale of the auto sector — importers and local assemblers duke it out in the press over economy and Automotive Directive: Tensions between auto importers and local assemblers were evident at this year’s Automech Formula, with both corners taking to the pages of Al Borsa to debate their visions for the future of the […]
Posted inUncategorized
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Posted inImage of the Day
Proof of how the Pyramids were built uncovered
Stones for the Pyramids were ferried from Upper Egypt? A recently discovered papyrus roll sheds light on how the massive stones used to build the Pyramids of Giza may have been transported from the south, reports The Sun. The papyrus indicates that the rocks were ferried down the Nile and that a network of purpose-built […]
Posted inEGYPT IN THE NEWS
Volunteers struggle to provide education to African refugee children in Egypt
Teachers and volunteers are using a mixture of patience and kindness to educate refugee children from nearly a dozen African countries in Egypt, Edward Yeranian writes for Voice of America. International organizations like the UNHCR, church groups and other local NGOs also contribute in the struggle to educate the children. Egyptian government schools are not […]
Posted inDiplomacy + Foreign Trade
IFC pledges USD 150 mn in investment in Egypt’s agriculture sector
The International Finance Corporation (IFC) has agreed to invest USD 150 mn in agricultural projects in Egypt in partnership with the private sector, Trade Arabia reports citing a government source. “The investments aim at developing the country’s nutrition sector, introducing the newest technologies in manufacturing, as well as providing new job opportunities for the youth.” […]
Posted inEnergy
Dana Gas and BP to drill in the Delta next month
Dana Gas and BP hope to begin drilling exploration wells next month in the Delta concessions next month,according EGAS sources tell Al Shorouk. The source added that Dana Gas has yet to release new funds to begin operations in the Delta, and is awaiting approval from the board to release the funds before starting drilling.
Posted inEnergy
Vallourec signs agreement to provide Bapetco with tubular solutions for Western Desert fields
French tubular solutions provider Vallourec announced signing a contract with Shell JV Bapetco to supply tubular solutions for 60 to 70 gas wells of an onshore project in the Western Desert of Egypt. “Our local presence, through Vallourec's Egyptian office, has in recent years been key to understanding our customers' expectations. We are proud to […]
Posted inEnergy
Electricity minister Shaker in China, expect to sign MoU on grid development
China wants another piece of Egypt’s power sector: Electricity Minister Mohamed Shaker is expected to sign an MoU on development of the domestic power sector development and global interconnection with China’s Global Energy Interconnection Development and Cooperation Organization, Al Mal reports. Shaker is in Beijing until 28 September to attend GEIDCO’s 2017 forum and meet […]