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Mozzarella sticks are so passé and Halloumi fries look like they’re here to stay. Food cart Oli Baba in London’s KERB Camden market has been driving people nuts with these delicious looking fried halloumi cheese fries. “Forget mozzarella sticks,” says Culture Trip (runtime 0:53). “Covered in yoghurt and a sweet glaze, and topped with mint […]
Author Archives: enterpriseam admin
Posted inDiplomacy + Foreign Trade
Al Bashir says Sudan confiscated Egyptian arms with rebels
Sudan-Egypt spat escalates again: Egypt is supplying Sudanese rebels with arms, Sudan’s President Omar Al Bashir said, according to Xinhua. Al Bashir said Sudan confiscated “Egyptian armored vehicles in a recent attack by Darfur rebel movements against areas in east and north of the region.” Al Bashir said “the attacking forces set out from South […]
Posted inDiplomacy + Foreign Trade
Argentine parliament ratifies Egypt-Mercosur free trade agreement
The Argentinian parliament ratified the free trade agreement between Egypt and the Mercosur region that was originally signed in 2010, Deputy Trade and Industry Minister Ahmed Antar said, Al Borsa reports. Brazil, Uruguay, and Paraguay had already ratified the agreement.
Posted inDiplomacy + Foreign Trade
EU delegation to visit Egypt next week for economic talks
A five-member EU delegation is set to visit Egypt next week for talks about the economy with CBE Governor Tarek Amer and Finance Minister Amr El Garhy, Al Mal reports. The Finance Ministry may hold a joint presser with the delegation after the discussions, according to an official from the EU Delegation to Egypt.
Posted inEnergy
Singapore’s Vallianz signs OSV contracts in Egypt
Singapore’s offshore support vessel (OSV) provider Vallianz holdings says it signed its first contract agreements in Egypt and Turkmenistan. Vallianz says it “clinched its first contract with an Egyptian company for a three-year charter of one OSV which has commenced operations in the Red Sea.” Ling Yong Wah, CEO of Vallianz, says “Vallianz is one […]
Posted inEnergy
Sinopec downplays concerns about its investment in Egypt
Sinopec downplayed concerns about risks to the value of its investments in Egypt, China Daily’s Zheng Xin reports. Sinopec bought a 33% stake in Apache’s assets in Egypt for USD 3.1 bn in 2013. “The Egyptian project is more of a long-term investment and four years is too short to draw a conclusion. The prices […]
Posted inHealth + Education
Shalakany signs education agreement with BUE
Shalakany Law Office signed an agreement with the British University in Egypt to provide law students with practical experience and education through workshops and an internship and mentorship program, according to a statement (pdf). “We are confident that this program will help talented young law students to bridge the gap between theory and practice. This […]
Posted inReal Estate + Housing
Heliopolis Housing to sign EGP 500 mn agreement with El Taamir on Thursday
Heliopolis Housing will sign a EGP 500 mn agreement with El Taamir (Al Oula) on Thursday to finance infrastructure projects at the up and coming New Heliopolis development, Chairman Hany El Deeb tells Al Borsa. The funds will be used in part for the construction of two electrical power stations and the development’s main water […]
Posted inTourism
Nile Air becomes first Egyptian airline to order A321neo aircrafts
Private carrier Nile Air became the first Egyptian airline to order the Airbus A321neo single-aisle aircraft, Aviation Tribune reports. “In April 2017, the airline successfully converted its existing order with the European manufacturer from the current generation A321ceo to the latest technology A321neo offering the best-in-class passenger comfort of any single aisle aircraft.”
Posted inTourism
Air Cairo to offer flights between Sharm El Sheikh and Copenhagen
Private charter carrier Air Cairo will operate a weekly flight between Sharm El Sheikh and Copenhagen as of 27 June, Travel Trade Weekly reports.