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A confused suckerfish mistook this diver for a host: This scuba diver was gliding through the coral rich floors of the Red Sea just off the coast of Hurghada when a little remora fish — aka the suckerfish — mistook him for a shark and tried to hitch a ride, says National Geographic (runtime 0:36) […]
Author Archives: enterpriseam admin
Posted inDiplomacy + Foreign Trade
Delegation from the Ministry of Trade and Industry to tour Arab countries
Trade delegation looking to smooth things out with Arab countries after produce bans: Trade and Industry Minister Tarek Kabil said Saturday that a delegation from his ministry will be visiting several Arab nations mid-September to promote exports and Egyptian products, reports Al Borsa. It’s looking to be another busy week for Foreign Minister Sameh Shoukry, […]
Posted inDiplomacy + Foreign Trade
Italian tourist in custody for murder
Italian tourist Ivan Moro is in police custody for the murder of a supervisor at a hotel construction site in Marsa Alam, reports Reuters. Moro admitted to the crime, which took place after the pair had quarrelled when the supervisor tried to stop Moro from entering a restricted area, the Tourism Ministry said.
Posted inEnergy
AMOC waiting for EGPC’s approval to begin condensate imports from Dana Gas
The Alexandria Mineral Oils Company (AMOC) is waiting to receive for the EGPC’s green light to begin import a monthly 1,300-1,500 barrels of condensates from the UAE’s Dana Gas, AMOC CEO Amr Mostafa tells AMAY. AMOC expects to sign the final contracts with Dana this month.
Posted inInfrastructure
USD 400 mn container terminal in Safaga port
The Red Sea Governorate plans to establish a USD 400 mn container terminal in Safaga port, governor Ahmed Abdullah said, according to Al Mal. The 500k sqm terminal, which the Red Sea Port Authority will help build, will be used to supply projects in the Golden Triangle area. It is unclear whether this is will […]
Posted inInfrastructure
Tianjin looks to establish waste recycling plant in Menoufia
A delegation from China's Tianjin Waste Recycling Company discussed opening a waste recycling plant in Menoufia with Investment Minister Sahar Nasr on Saturday, according to a ministry statement. Company GM Hoover Kay told Nasr that the company had already studied the project and was keen on investing.
Posted inBasic Materials + Commodities
Saudi Arabia imposes five conditions on Egyptian vegetables and fruits exports
Saudi Arabia set five conditions for imports of Egyptian strawberries to resume, including health certificates for every shipment declaring it free of hepatitis C and an analysis of pesticides residues, Al Mal reports. Egypt will also have to list companies subject to government control and send periodical reports about exporting companies’ farming practices, including its […]
Posted inBasic Materials + Commodities
Western Australia see Egypt as a potential market for seed potato, earmark AUD 100k to set up trade relations
Western Australian potato producers are viewing seed potato exports to Egypt as a new opportunity, ABC News reports. The Potato Growers Association of Western Australia (PGAWA) was set to receive AUD 60k in state government funding and AUD 40k provided from the Association to “build up trade relations” with Egypt. PGAWA’s CEO says Western Australian […]
Posted inBasic Materials + Commodities
Beheira governor orders establishment of agriculture commodities exchange
Beheira Governor Nadia Abdu ordered the establishing an agricultural commodities exchange on Thursday, Al Borsa reports. The exchange will help stabilize prices for key crops by breaking suppliers’ hold on them, Abdu said. President Abdel Fattah El Sisi had ordered the establishment of the exchange as part of his strategy to spur development in the […]
Posted inBasic Materials + Commodities
Bangladesh looking to replace Indian onions for Egypt’s
Bangladesh may be looking to replace Indian onion imports with those from Egypt as a result of flash floods doubling prices, bdnews24.com reports. Bangladesh used to buy an annual 400k tonnes of onions from India, but flash floods have hit India as well, said Bangladesh’s Commerce Minister Tofail Ahmed. Egypt’s onion exports to Bangladesh are […]