Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Climate (MENA) 
Prime Minister Sherif Ismail attended the World Economic Forum on the Middle Eastand North Africa in Jordan yesterday, during which he discussed his government’s reform program and the steps taken to boost investments, Al Shorouk reports. Ismail and Investment and International Cooperation Minister Sahar Nasr met with the CEO of Dana Gas on the sidelines […]
Author Archives: enterpriseam admin
Posted inDiplomacy + Foreign Trade
Hegazy meets with Libya’s Haftar in Benghazi
Egypt’s Armed Forces Chief of Staff Mahmoud Hegazy met with Khalifa Haftar, his Libyan counterpart, in Benghazi, the Libya Herald reports. No details were revealed about the meeting. It comes a day after the third anniversary of the so-called “Operation Dignity” which Haftar says targeted extremists in Benghazi. In related news, Egypt’s Foreign Ministry condemned […]
Posted inDiplomacy + Foreign Trade
Saudi Arabia approves four MoUs with Egypt -Kattan
The Saudi government approved four MoUs with Egypt on civil defense, agriculture, maritime transportation, and the avoidance of double taxation, Saudi Arabia’s ambassador to Egypt Ahmed Kattan said in a statement.
Posted inDiplomacy + Foreign Trade
Trade Ministry in talks with World Bank for USD 200 mn funding for labor-intensive projects
The Trade and Industry Ministry is in talks with the World Bank for USD 200 mn in funding for labor-intensive projects, Minister Tarek Kabil announced, Al Borsa reports. The four-year agreement would help create 90k direct job opportunities and 130k indirect opportunities, according to the minister.
Posted inDiplomacy + Foreign Trade
Egypt to join ILO’s Better Work Program
Egypt will be joining the International Labor Organization’s (ILO) Better Work Programstarting June, Trade Minister Tarek Kabil said in a statement on Friday. The ILO delegation that visited Egypt last week had mostly positive things to say about the country, according to Al Borsa. The program’s Global Operations Manager Conor Boyle promised to stress Egypt’s […]
Posted inDiplomacy + Foreign Trade
Ali Abdel Aal meets Japanese PM in Tokyo
House Speaker Ali Abdel Aal met with Japanese Prime Minister Shinzo Abe in Tokyo, where Abdel Aal is leading an Egyptian parliamentary delegation, Daily News Egypt reports.
Posted inInfrastructure
EGP 8 bn needed to refurbish water pipeline network
The Holding Company for Water and Wastewater needs EGP 8 bn to refurbish its national water distribution network, Chairman Mamdouh Raslan tells Al Mal. The upgrade program would aim to reduce the volume of water lost in the system by up to 30%, he adds, noting that the company is buying equipment to detect pipeline […]
Posted inBasic Materials + Commodities
Gov’t bought 2 mn tonnes of wheat from local farmers
The government has bought 2 mn tonnes of wheat from local farmers since the beginning of the local wheat harvesting season in mid-April, Supply Minister Ali El Moselhy said, according to Reuters. The plan to import wheat is also moving forward, he says, “the import plan has to continue throughout the year and should not […]
Posted inManufacturing
Amut Ecotech establishes waste recycling plant in Minya
Italy’s Amut Ecotech installed a waste recycling facility in Minya that will begin operations next month, Plasteurope.com reports. The plant will separate 300 tonnes of waste per day, moving dry waste to be treated to serve as fuel or to be sold, with organic waste being processed to make compost for agriculture. Amut Ecotech’s plant […]
Posted inManufacturing
Misr Aluminum to issue global tender for new EGP 10 bn factory before year’s end
State-controlled Misr Aluminum Company will issue a global tender before the end of this year for a new EGP 10 bn factory, Public Enterprises Minister Ashraf El Sharkawy told the press on Saturday, Al Borsa says.