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Sarah Richard, author of the Coffee with A Slice of Life blog, says travelers should visit Egypt. She made a video of her list of 10 things to know about the country, including handy tips like: “your money is going to go very, very far [in Egypt], especially if you are from the UK” and […]
Author Archives: enterpriseam admin
Posted inDiplomacy + Foreign Trade
Egypt, Sudan reach agreement over citizens’ residency in both countries
Have we ended our spat with Sudan? Egypt and Sudan have reached an agreement regarding their citizens’ residency, freedom of movement, and visa costs, according to Ahram Online. The agreement included Egypt agreeing to return confiscated property to Sudanese miners who were arrested in March 2015, then pardoned by President Abdel Fattah El Sisi in […]
Posted inDiplomacy + Foreign Trade
Egypt, Sudan, Ethiopia talk GERD impact in Addis Ababa
GERD is giving us GERD: Egyptian, Sudanese, and Ethiopian experts are meeting in Addis Ababa this week to discuss the initial reports of global consultants on the impact of the Ethiopian Grand Renaissance Dam (GERD) on countries further downstream, Ahram Online reported on Sunday.
Posted inDiplomacy + Foreign Trade
Egyptian-Saudi Business Council postponed until after May
The Egyptian-Saudi Business Council postponed its board meeting to sometime after May, Faisal Islamic Bank President Abdel Hamid Abou Moussa said on Sunday, according to Al Borsa.
Posted inDiplomacy + Foreign Trade
Somali President to visit Egypt this week
Somali President Mohamed Abdullahi “Farmajo” Mohamed is reportedly visiting Egypt this week, according to Somali publication Mareeg. This comes after Prime Minister Sherif Ismail handed Farmajo an invitation from President Abdel Fattah El Sisi at a meeting at the 2017 London Somalia conference.
Posted inEnergy
Oil Ministry to increase fuel supply ahead of Ramadan, summer months
The Oil Ministry is increasing its daily output of gasoline and diesel to meet additional demand expected during Ramadan and the summer months, Al Masry Al Youm reports. Gasoline supplies will grow 20% from their current levels to 25 mn liters a day and diesel supplies by 10% to 55 mn liters, Oil Minister Tarek […]
Posted inEnergy
AlKhorayef Group targets increasing investments to EGP 4 bn in 2022
Saudi Arabia’s AlKhorayef Group is set to double its investments to EGP 4 bn by 2022 with a focus on the energy sector, Managing Director Mohammed Alkhorayef tells Al Borsa. The company is negotiating with the Arab Authority for Manufacturing to cooperate in electricity generators production and in solar energy by early 2018.
Posted inBasic Materials + Commodities
Government targets decreasing wheat shortage domestically -El Moselhy
The government is looking to cut the gap between the supply and consumption of wheat in half to 25% within a few years, Al Borsa reports. Supply Minister Aly El Moselhy says this will begin with increasing the yield of wheat fields domestically to 22 ardebs from 18. The Ministry will also work on reducing […]
Posted inBasic Materials + Commodities
Egypt needs to produce 15k tonnes of fava beans more to meet demand
Egypt needs to increase its output of fava beans by 15k tonnes annually to 277k tonnes to meet domestic demand, Agriculture Minister Abdel Moneim El Banna says, according to Al Borsa. There is a 6% gap between demand and domestic supply, El Banna says. The minister went on to note plans to increase output of […]
Posted inManufacturing
El Araby Group inaugurating EGP 250 mn washing machine factory
El Araby Group is set to inaugurate today a EGP 250 mn washing machine factory with a production capacity of 500k units per annum, 20% of which will be exported, Al Borsa reports.