Author Archives: enterpriseam admin

Ride-sharing apps Uber and Careem were allegedly asked by the Sisi administration to divulge real-time user and driver data, writes Declan Walsh in an epic piece for the New York Times. He alleges that the government offered both companies incentives and advantages in exchange for sharing the data. Uber, “already reeling from accusations of overly […]

One of the international companies that wants to build the Six of October monorail is under fire at home and abroad. Canada’s Bombardier faces a World Bank investigation of whether it engaged in or condoned bribery to land a USD 340 mn contract to supply railway equipment in Azerbaijan, the Globe and Mail reported this […]

GASC insists zero-tolerance policy on ergot isn’t coming back: The General Authority for Supply Commodities (GASC) is adamant that Egypt’s zero-tolerance on ergot contamination in wheat imports is not about to make a return. GASC Vice Chairman Ahmed Youssef told Reuters on Saturday that the administrative court’s ruling of last Tuesday, which reinstated the Agriculture […]

The Ismail government signed off on amendments to the Companies Act during its weekly meeting on Thursday, according to a statement. The amendments, which were first instituted by the Investment Ministry last month, would see companies required to make a first call for a general assembly at least 21 days in advance. The amendments also […]

President Abdel Fattah El Sisi arrives in Berlin today for what officials are describing as alargely business-focused visit, according to Al Masry Al Youm. The president’s packed agenda includes a speech at two-day G20 Africa Partnership Conference that kicks off tomorrow. He will also participate in a roundtable discussion with German Chancellor Angela Merkel and […]

The House Legislative Committee is to begin discussion today of the handover of Tiran and Sanafir. The session will be headed by House Speaker Ali Abdel Aal, Youm7 says. MPs are expected to debate whether or not the agreement should be discussed by the House as a whole, since the Administrative Court had nullified it […]

Is Sudan reconsidering its ban on Egyptian imports? Yes, according to Sky News Arabia, which cites unnamed sources as suggesting Sudan might backtrack on the ban it imposed on Egyptian imports last month. This comes one week after Sudanese Foreign Minister Ibrahim Ghandour met with his Egyptian counterpart and Egyptian President Abdel Fattah El Sisi […]

Among the international news stories worth a look this morning: Theresa May’s snap election backfires: British Prime Minister Theresa May lost her majority in parliament after her ruling Conservative Party failed to secure the “smashing victory” she was expecting in a snap election, the New York Times reports. The election, which was held less than […]

Trump accuses former FBI director of lying under oath after fiery congress testimony: US President Donald Trump accused former FBI director James Comey of lying under oath in the wake of Comey’s blockbuster Thursday testimony to the Senate Intelligence Committee, Reuters reports. Comey publicly accused Trump of trying to halt a federal investigation into former […]