Amazon signs agreements with Egyptian companies: A number of Egyptian companies have inked agreements with Amazon that will see the global web retailer distribute their products in Europe and the US through its platform, Mintra CEO Hany Casis tells Al Ahram while wearing his hat as vice-chairman of the Chemical Industries Export Council. Mintra had […]
Author Archives: enterpriseam admin
Egytrans reports threefold increase in bottom line for 1Q17
EARNINGS WATCH- Transport solutions provider Egytrans grew its net profit after tax more than threefold in 1Q2017 to EGP 20.3 mn, from EGP 6.1 mn 1Q2016, according to a company release (pdf). The increase comes on the back of a 282% rise in revenues, which came in at EGP 111 mn this quarter, driven by […]
Supreme Administrative Court says children born to women who later become Egyptian citizens can themselves claim citizenship
Children born to women who later become Egyptian citizens can themselves claim citizenship –court. The Supreme Administrative Court ruled yesterday that two children have a legitimate claim to Egyptian citizenship even though their Jordanian-born mother didn’t become an Egyptian national until after the two were born. It’s the first such verdict from the court, Al […]
AFTE says 52 websites are being blocked
52 websites are being blocked, not 21, including Medium, the noted dispenser of corporate platitudes and millennial drivel: The Association of Freedom of Thought and Expression (AFTE) claims that an unnamed “sovereign authority” has ordered blocked 52 websites and not 21 has been previously reported. Al Bedaya news website, which AFTE doesn’t list, has also […]
Is Uber CEO Travis Kalanick on his way out?
Is Uber CEO Travis Kalanick on his way out? Uber’s board reportedly met on Sunday to discuss whether co-founder and controversial CEO Travis Kalanick would be stepping back. Kalanick could go on temporary leave or shift into another role, write Leslie Hook and Tim Bradshaw for the Financial Times. Kalanick wouldn’t be the only one […]
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Chicago White Stockings, All-Stars once played baseball by the Sphinx
Chicago White Stockings played baseball by the Sphinx in 1889: Before hosting concerts and squash tournaments by the Giza Pyramids was commonplace, the Chicago White Stockings — forebearers of the Chicago White Sox and Chicago Cubs — came to play ball by the Sphinx in 1889 as part of a world tour meant to promote […]
Tiran, Sanafir discussions in the House top coverage of Egypt
Topping coverage of Egypt in the foreign press this morning are wire pickups of the debate in the House of Representatives on the agreement to hand Tiran and Sanafir over to Saudi Arabia. The stories take a doom and gloom tack, suggesting that the ratification of the treaty (which Hamza Hindawi writes for the AP […]
All of the US’ regional allies are problematic -Cook
From a US perspective, “it is hard to make the case that the Qataris are uniquely problematic,” Steven A. Cook writes in Salon, suggesting that all of the other US allies in the region are also “lousy.” Cook takes the hammer to Egypt and quotes former Foreign Minister Nabil Fahmy, who once said the US-Egypt […]
Hamas warned against rapprochement with Iran by Egypt
Hamas was apparently warned by Egyptian authorities to distance itself from Iran, according to the Algemeiner. The move reportedly follows recent declarations by officials in Tehran that a restoration of ties with the Gaza Strip-ruling Islamist group — including a renewal of funding — was in the works. Egypt relayed the demand at a meeting […]