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Egypt’s Cool Runnings: Egyptian Special Olympics athletes trained for the 2017 Winter Games on sand, Mohamed Zaki writes for Reuters. “The four-member snowshoe team of two men and two women with learning disabilities had never seen snow before arriving in Austria for the tournament in March, but they were prepared: winning gold in the relay […]
Author Archives: enterpriseam admin
Posted inEGYPT IN THE NEWS
Other international coverage on 24 July
Also worth noting in brief: Amnesty international called for an independent inquiry into the death of 43-year-old Gamal Aweida in Egyptian police custody. Al Monitor’s Ahmed Aleem says the Egyptian government’s success in its initial public offering of state-owned companies will depend on the mechanism, but “cannot be described as economic reform but rather as […]
Posted inOn Deadline
Egypt has a chance to poach German tourists from Turkey
Egypt has a chance to poach German tourists from Turkey as tensions mount between Ankara and Berlin. The latest development: Germany warning its citizens against traveling to Turkey, Emad El Din Hussein writes in Al Shorouk. With the right strategy, Egypt can benefit from the situation, particularly since Germany did not take any punitive measures […]
Posted inWorth reading
Forbes Middle East profiles Deputy CBE Governor Lobna Helal
Profiling “history-making” Lobna Helal: Forbes Middle East profiled deputy central bank governor Lobna Helal, who they picked as the number two most powerful Arab businesswoman. Samuel Wendel says “Helal is no stranger to making history—or navigating turmoil… When presented with the opportunity of returning to the CBE in 2015—and taking on the immense responsibilities that […]
Posted inDiplomacy + Foreign Trade
Egypt displeased by US State Department travel warning to Americans
The Foreign Ministry is not happy about the US Department of State’s travel warningon Egypt, and asked the embassy in Washington to relay that message clear to DC, the ministry said in a statement. The statement said it expected the US to show “more solidarity given the circumstances” and says the warning omits important details […]
Posted inDiplomacy + Foreign Trade
Egypt, Sweden, France urge UN to look into Israeli-Palestinian violence
Egypt, Sweden, and France have all called upon the UN Security Council to address the latest round of Israeli-Palestinian violence in Jerusalem, Reuters reports. Eight Palestinians have reportedly been killed in a spat of violence over Israel’s recent restrictions on access to Al Aqsa Mosque. Arab League officials are also urging Israel to calm the […]
Posted inDiplomacy + Foreign Trade
Egypt talks joint projects with Belarus delegation
Egypt talks joint projects with Belarus delegation: A delegation of Belarusian businessmen and government officials visiting Cairo over the weekend discussed establishing joint projects in agricultural production and agricultural equipment manufacturing, Trade and Industry Minister Tarek Kabil said, according to Al Masry Al Youm. The two countries are also currently in talks to launch water […]
Posted inDiplomacy + Foreign Trade
ADFD provided Egypt with AED 4 bn in grants, loans
The Abu Dhabi Fund for Development (ADFD) has apparently provided Egypt with AED 4 bn (USD 1.1 bn) in grants and concessionary loans over 64 development projects since beginning development work there, said Mohammed Saif Al Suwaidi, Director General of ADFD, according to the UAE’s news agency WAM. The funded projects spanned over diverse sectors, […]
Posted inEnergy
Is the Oil Ministry planning further reductions to number of homes to be supplied with gas?
The Oil Ministry’s resources can only cover connecting 500K homes with natural gas, said Deputy Oil Minister Mohamed Radwan, according to Youm7. He blames a lack of funding by the government for this predicament. Earlier this month, the ministry said it was lowering its target for number of homes it plans to connect to the […]
Posted inEnergy
Hassan Allam snags contract to develop utilities at Benban solar energy plants
Construction firm Hassan Allam won a contract to manage utilities and services for solar energy projects in Benban, Aswan, according to Al Borsa. The firm was chosen by the solar power companies developing plants in Benban under the feed-in tariff program..