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Investment Minister Sahar Nasr met with met Ayman Abdel Moneim, Governor of Sohag, and Mahmoud El Sherif, Deputy of the House of Representatives to discuss the potential of setting up a freezone in Sohag, according to a statement from the ministry.
Author Archives: enterpriseam admin
Posted inOther Business News of Note
Media Production City to launch international tender to manage Magic Land
The Egyptian Media Production City is considering launching an international tender to manage entertainment park Magic Land, according to an EGX filing. Media Production City told the bourse it is currently engaged in a EGP 16 mn project to redevelop and refurbish the entertainment park, after which it is going to issue the management tender.
Posted inON YOUR WAY OUT
Egypt’s growth-stage startups can now apply for Google’s Launchpad Accelerator
Google’s Launchpad Accelerator now accepting Egyptian applicants: Google has is accepting applications from Algeria, Egypt, Ghana, Morocco, Tanzania, Tunisia, and Uganda for its emerging market-focused accelerator Launchpad, according to TechCabal. The accelerator focuses on growth-stage startups, allowing them to collaborate with “Google engineers, Silicon Valley experts, and top mentors from around the world.” Applications for […]
Posted inON YOUR WAY OUT
Blind Fury
Karate master Sabri Attiya has been teaching disabled kids the combat sport for nearly a decade even though he is blind, reports Reuters. Attiya has won several local competitions and represented Egypt at the world championships, a feat he hopes to repeat in more international tournaments. The martial artist challenges his disability with a simple […]
Posted inON YOUR WAY OUT
On this day: 10 September
ON THIS DAY- CERN’s Large Hadron Collider first went live on this day in 2008. The LHC is described as “the world's largest and most powerful particle collider, most complex experimental facility ever built, and the largest single machine in the world.” In France, convicted murderer Hamida Djandoubi became the last person to ever be […]
Posted inThe Market Yesterday
Powered by EGP / USD CBE market average: Buy 17.61 | Sell 17.71 EGP / USD at CIB: Buy 17.6 | Sell 17.7 EGP / USD at NBE: Buy 17.63 | Sell 17.73 EGX30 (Thursday): 13,433 (+0.9%) Turnover: EGP 1.1 bn (24% above the 90-day average) EGX 30 year-to-date: +8.8% THE MARKET ON THURSDAY: The […]
Posted inCALENDAR
11 September (Monday): Japanese Foreign Minister Taro Kono is scheduled to visit Cairo to participate in the Arab-Japanese dialogue session at the Arab League, according to a Foreign Ministry statement. 13 September (Wednesday): Pharos Holding’s Egypt Banking Day event. 13 September (Wednesday): EIB MED Conference: Boosting investments in the Mediterranean Region, Cairo. 13-15 September (Wednesday-Friday): […]
Posted inWhat We're Tracking Today
What we’re tracking on 07 September 2017
We slide into the weekend after a blessedly short work week — and still counting the hours until what we expect is three-day weekend 21-23 September for Islamic New Year, which should fall on the Thursday (the Hijri calendar permitting). Despite the prospect of a very busy fall and a 2018 that we think will […]
Posted inWhat We're Tracking Today
Orange Egypt to amend most recent ad after "viewers" deemed it offensive to senior citizens
Senior executives from Orange Egypt promised to commit seppuku and take theiradvertising agency with them after the mobile operator’s latest advert ran afoul of the Consumer Protection Agency (CPA), which claims to have received citizen complaints about the advert via the Social Solidarity Ministry (who says beggars can’t be choosers). CPA boss Atef Yacoub told […]