MOVES- Bahrain’s Gulf Air appointed Wael Mattar as new country manager for Egypt, according to a press release.
Author Archives: enterpriseam admin
Steel magnate Ahmed Ezz released from prison
Steel magnate Ahmed Ezz was released from prison on EGP 250k bail and placed on a no-fly list. Ezz faces charges of illegally obtaining a steel production license “depriving the state of EGP 660 mn,” Al Masry Al Youm reports. Ezz and former Industrial Development Authority Chairman Amr Assal, a co-defendant in the case, were […]
Top international stories worth noting
A handful of international stories worth a skim this morning: Libya’s eastern commander Khalifa Haftar’s forces recaptured Benghazi from Islamist militants and other armed groups, Reuters reports. Volvo is joining in on the auto industry’s recent shift towards electric vehicles, announcing yesterday it will “offer only hybrid or full-electric motors on every new model launched […]
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Fuel price hikes pull the brakes on Batman
How can Batman save lives when fuel prices are this high? Who needs to read lame opinion pieces and listen to talking heads rail against the fuel subsidy cuts when you have gems like this.
Egypt and Hamas’ warming ties, murder of retired officers top coverage of Egypt in the foreign press
Topping coverage of Egypt in the international press this morning are wire pickups on Egypt’s warming ties with Hamas and themurder of two retired officers and an on-duty soldier at the hands of a militant. (We have more details on each story below).
Cutting down on fuel and energy subsidies is just what the doctor ordered
Cutting down on fuel and energy subsidies is just what the doctor ordered for Egypt and its poorest citizens, Patrick Werr writes in his latest piece for The National. “The move to reduce energy subsidies is long overdue,” Werr says, arguing that it’s the wealthy rather than the poor who were the main beneficiaries of […]
Trump understands the limits of US influence in the Middle East
The United States’ consistent aid to Egypt since the 1970s has failed to reap any success in terms of creating a democratic society, and this limit of American power in the Middle East is not lost on President Donald Trump, Steven A. Cook says in a piece for Politico. For all his other missteps, The […]
Other stories making the rounds on 6 July
Other stories making the rounds this morning: Media company Mindshare will be presenting Egypt in new light to “drown out the perception that [it] is an unsafe destination,” says Cream Global. “Strict release conditions need to continue” for an Egyptian in Toronto with alleged ties to terror,NanaimoNewsNOW reports. Egypt reportedly blocked a US proposal to […]
Egypt agrees to open Rafah border in another sign of warming ties with Hamas
Egypt has reportedly agreed to open the Rafah border crossing in September,Ynetnews reports. Cairo and Hamas have been growing closer lately, with Egypt reportedly supplying Gaza with 22 fuel shipments last Friday and rumors flying that Cairo will also be providing the strip with security equipment. While these developments have improved conditions for Gazans, they […]