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Media regulators caught in a quagmire of overlapping jurisdictions: Regulation of the Egyptian media is essentially a minefield of overlapping jurisdictions, writes Salah Eissa for Al Masry Al Youm. Eissa cites the dual penalties incurred by some TV shows of late (including Rehaam Saeed) by both the Supreme Media Council and the Press Syndicate. While […]
Author Archives: enterpriseam admin
Posted inDiplomacy + Foreign Trade
Nothing new from Shoukry’s visit to Sudan
We’re hearing nothing but empty platitudes of “brotherly love” after Foreign Minister Sameh Shoukry’s visit to Sudan over the weekend. Nothing new has emerged on developments in resolving the ban on Egyptian agriculture goods or the deportation of Sudanese nationals from the disputed areas of Halayeb and Shalatin. Shoukry requested Sudan’s support in coordinating policy […]
Posted inDiplomacy + Foreign Trade
Trade Ministry exempts ammonium nitrates from export duties
Trade Ministry exempts ammonium nitrates from export duties: The Trade and Industry Ministry exempted exports of ammonium nitrate whose nitrogen concentration exceeds 34.2% from export duties on Saturday, according to Al Shorouk.
Posted inDiplomacy + Foreign Trade
Egypt to import 1k livestock from Romania
We are importing 1,000 cows from Romania for Eid, Egyptian-Romanian Business Council member Yasser Al Ahwal tells Al Ahram. The agreement is one of several inked in Bucharest recently.
Posted inEnergy
EGPC crude oil production reaches 57,000 bbl/d for the first time
The EGPC’s production of crude oil reached 57,000 bbl/d for the first time in its history, the company said in a geological report picked up by Al Masry Al Youm on Friday. The boost came on the back of production from new discoveries. The EGPC is expanding crude exploration efforts in a bid to bring […]
Posted inEnergy
Rosneft delivered 129k tonnes of LNG in 1H17
Rosneft delivered 129k tonnes of LNG to Egypt as part of its contract with EGAS for 1H2017 deliveries, the company said, according to TASS. Rosneft had said it would supply 10 consignments of LNG to Egypt with a total volume of 600k tonnes from May to October 2017.
Posted inBasic Materials + Commodities
Rumors resurface that Supply Ministry will amend bread subsidy system
Rumors that the Supply Ministry might amend the bread point system and cut the daily ration down to four loaves from five are once again swirling, according to sources speaking to Al Shorouk. This comes despite the Supply Ministry denying the news last month.
Posted inManufacturing
NCIC taps India’s Nuberg for EUR 15 mn hydrogen peroxide project
El Nasr Co. for Intermediate Chemicals (NCIC) awarded India’s Nuberg a EUR 15 mn turnkey project to manufacture hydrogen peroxide in a Giza facility. The plant will produce at a capacity of 70 tonnes per day. Nuberg says the NCIC project would be its fourth specialty chemical turnkey project in Egypt, having worked on a […]
Posted inHealth + Education
Four private universities to establish branches at new administrative capital for total EGP 5 bn
Four private universities will be building branches at the new administrative capital for a collective investment cost of EGP 5 bn, sources from the Higher Education Ministry tell Al Borsa. The ministry has already agreed with the New Administrative Capital Company to allocate 450k feddans at the new capital to the Japanese and Canadian Universities, […]
Posted inHealth + Education
ACDIMA to finalize United Pharma IV acquisition in two weeks
ACDIMA is expected to close the SPA on its acquisition of United Pharma IV within two weeks, United Pharma IV Chairman Abdullah Mahfouz tells Al Borsa. The transaction value will exceed the EGP 320 mn mark that was previously reported earlier this week, Mahfouz said, but refused to disclose by how much.