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Marsa Matrouh Governor Alaa Abu Zeid signed off on establishing a EGP 150 mn water desalination plant in Al Nagila, Al Mal reports. The plant will have a production capacity of 5,000 cubic meters per day.
Author Archives: enterpriseam admin
Posted inBasic Materials + Commodities
Food Export Council preparing strategy to boost exports
The Food Export Council is working on a strategy to further increase Egypt’s food exports and boost their competitiveness over the next three years, council chairman Hani Berzi said. The strategy, which the council is preparing in cooperation with the Industrial Modernization Center, will be complete in four months.
Posted inBasic Materials + Commodities
Egyptian lemons exported to Italy
Egypt’s Hitac Trading recently started exporting lemons to Italy, according to Fresh Plaza. Egypt produces lemon varieties including Adalia, Sheairy, and Balady. “Most of them are grown in large tracts of land, and the production yields large volumes spread throughout the 12 months of the year,” according to Fresh Plaza.
Posted inBasic Materials + Commodities
Gov’t purchased 3.6 mn tonnes of wheat out of 8-9 mn produced
Egypt’s farmers produced 8-9 mn tonnes of wheat this harvest season, of which the government has purchased only 3.6 mn tonnes, a Supply Ministry spokesperson said on Saturday, Al Mal reports.
Posted inTourism
Tourism Promotion Authority issues new guidelines for promotion campaigns
The Tourism Promotion Authority (TPA) has laid out new guidelines for tourism promotion campaigns it launches jointly with tour operators, including criteria to measure the success of the campaigns, authority head Hisham El Demery said on Saturday, Al Borsa reports.
Posted inTelecoms + ICT
TE signs two agreements with Etisalat, one week to 4G (Isa)
TE announced signing two five-year agreements with Etisalat Misr for local roaming and international voice services. The first allows TE to use Etisalat’s infrastructure to offer 2G, 3G, and 4G services, while the second lets Etisalat use TE’s international gates for overseas voice services. TE signed a similar agreement with Orange Egypt in April and […]
Posted inTelecoms + ICT
Union Group becomes Alcatel’s exclusive distributor in Egypt
Union Group has become Alcatel’s exclusive distributor in Egypt, after Alcatel ended its contract with Rizkallah stores, Al Borsa reports.
Posted inOther Business News of Note
Kazyon supermarket planning to have 500 branches by 2018’s end
Discount supermarket chain Kazyon is planning to have 500 branches by the end of next year, up from 185 branches currently, Marketing Manager Ismail Hafez tells Al Borsa. According to Hafez, the chain’s expansion plan also includes increasing its branches in Upper Egypt after an initial growth phase in Greater Cairo and Alexandria.
Posted inEgypt Politics + Economics
Government to establish EGP 7 bn waste management holding company in few weeks
The Ismail government is planning to launch its EGP 7 bn a solid waste management holding company in two weeks’ time, unknown officials tell Al Borsa. The cabinet had agreed last week to study the possibility of establishing a company to collect and recycle waste. The company will become the primary regulator of the waste […]
Posted inNational Security
Hegazy and UN Libya envoy review Libya developments
Army Chief of Staff Mahmoud Hegazy and special representative of the UN secretary-general in Libya Martin Kobler “reviewed the results of recent meetings facilitated by a national dialogue committee created by Egypt to bridge differences between various rival factions in Libya,” Ahram Online reports. “Kobler urged continuous regional and international efforts to resolve the six-year-old […]