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Tourism is stable in Egypt despite the latest killing of two German tourists in Hurghada, Ehab Farouk writes for Reuters. No bookings were canceled in Hurghada, Sharm El Sheikh, or Luxor, says Red Sea Tourism Investment Association head Hisham Ali. But it could be too early to judge: The impact could show in new bookings […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Tourism Ministry denies alcohol ban on North Coast beaches
The Tourism Ministry has denied issuing a ban on alcohol consumption on North Coast beaches, Tourism Ministry spokesperson Rana Gohar tells Egypt Independent. “Tourism police [would] not follow any such measure without consultations with the Tourism Ministry,” Gohar adds. Talk of an alcohol ban on Sahel beaches had emerged in the local press over the […]
Posted inSpeed Round
Qatari nationals barred from obtaining on-arrival visas in Egypt
Qatari nationals, including diplomats and special passport holders, will no longer be allowed to obtain Egyptian visas on arrival as of next Thursday, said Foreign Ministry spokesman Ahmed Abu Zeid in a call-in to Massa DMC (runtime: 2:20). They will instead be required to apply for a visa at an Egyptian embassy abroad. Qatari students […]
Posted inSpeed Round
Daesh mufti calls on militants to move to Egypt, Palestine
The mufti of Daesh in Iraq reportedly called on Arab militants to head towards Egypt and Palestine, Iraq News reports. The individual had apparently called both countries “the promised land,” said sources in Tel Afar — Daesh’s final stronghold in Nineveh province in northern Iraq. The “fatwa” comes as Daesh has suffered its most glaring […]
Posted inSpeed Round
KKR lays out succession plan for founders; BlackRock continues to benefit from trend toward ETFs
From across the pond: Private equity outfit KKR is breaking with industry norms and naming successors to founders Henry Kravis and George Roberts, the Financial Times is reporting (paywall). The news comes as BlackRock continues to benefit from the rise of the robots, with the asset manager having attracted USD 104 bn in new client […]
Posted inEGYPT IN THE NEWS
Qatar topped coverage of Egypt in the foreign press
Egypt ending visa-free travel for Qataris topped coverage in the foreign press this morning. Most outlets added nothing new in the form of analysis and instead simply made do with running reports from newswires. Continued coverage of clashes between citizens and security forces over land in the Cairo neighborhood of El Warraq came in a […]
Posted inEGYPT IN THE NEWS
China drone sales
China getting is in on the military-industrial complex with increasing drone sales to MENA countries, an interesting piece by the WSJ (paywall) reports. Given Obama era regulations that curb the sales of drones to most US allies, countries like Egypt, the UAE and KSA are all getting in on the cheaper and increasingly available Chinese […]
Posted inEGYPT IN THE NEWS
Child labor on the rise in Egypt as unemployment rate increases
Child labor is growing in Egypt as children work to support their families amidst an increasing unemployment rate, Rahul Radhakrishnan writes for TRT World. The piece included a video report (runtime 1:45) in which a child tuktuk driver says he works to fund his education. At least 1.6 mn children work in Egypt, according to […]
Posted inEGYPT IN THE NEWS
Other coverage in the international media
Other coverage worth noting in brief: Egyptians and other expats in Saudi Arabia will have to pay a levy for dependents of foreign workers, Amira Sayed Ahmed writes for Al-Monitor. It starts at SAR 100 per dependent in 2017, increasing to SAR 400 in 2019 and 2020. A publication called Sight says Christian women are […]
Posted inOn Deadline
Warraq island clashes are on columnists’ minds
The Warraq island clashes are on columnists’ minds, including Amr El Shobaky, who writes in Al Masry Al Youm that the government’s decision to clear the island of squatters came abruptly and was implemented poorly. El Shobaky also says the government’s reasoning remains unclear, particularly as rumors are swirling about that an Emirati investor eyeing […]