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MOVES- Porto Group’s board of directors approved on Thursday appointing Mohamed Mekkawi as the group’s new chairman and managing director, replacing founder Mansour Amer, Al Borsa reports.
Author Archives: enterpriseam admin
Posted inSpeed Round
German tourists returning to Egypt -FVW
German holidaymakers are returning to Egypt, according to German tourism portal FVW. The number of German tourists visiting Egypt increased by 35% y-o-y in 1Q2017. In addition, new charter airline Azur Air will launch flights from Düsseldorf in mid-June to destinations including Egypt.
Posted inSpeed Round
French investigators find no traces of explosives on EgyptAir MS804 victims
No trace of explosives on EgyptAir MS804 victims: French investigators said no traces of explosives were found on the passengers of EgyptAir flight MS804 that crashed last May en route to Cairo from Paris, French newspaper Le Figaro reports. According to the report, investigators found no traces of explosives on the remains of 12 French […]
Posted inSpeed Round
Al Azhar University replaces president
Shakeup at Al Azhar: Grand Imam Sheikh Ahmed El Tayeb sacked Al Azhar University President Ahmed Hosny after the latter called controversial Islamic researcher Islam El Beheiry an apostate. El Beheiry, who advocates a ‘modern’ take on many questions of Islamic jurisprudence, rose to fame via a popular night-time talk show, but was drummed off […]
Posted inSpeed Round
Hamas appoints Ismail Haniyeh as new head, replacing Khaled Meshaal
Hamas appointed yesterday former deputy chief Ismail Haniyeh as the group’s new political leader, succeeding Khaled Meshaal, who reached his term limit, Reuters reports. The change in leadership comes less than a week after Hamas issued a new policy document cutting its ties with the Ikhwan and touting a more “moderate” tone.
Posted inSpeed Round
Drought cuts Kenya’s tea production
A cuppa is about to get more expensive: A drought in many parts of Kenya's farming areas has cut its 1Q2017 tea production by more than third y-o-y, according to Reuters. Pakistan, Egypt and the United Arab Emirates are among the top buyers of Kenyan tea, the newswire says.
Posted inSpeed Round
US business schools see declining applications from foreign students
US business schools are reporting declining applications from foreign students for the first time in more than a decade, the Wall Street Journal says. Biz school types point to “the Trump administration’s immigration and work visa policies” as being behind the decline in foreign interest.
Posted inSpeed Round
AmCham’s 2017 Doorknock Mission has drawn to a close — our final report.
AmCham’s annual Doorknock mission wrapped up on Friday in Washington, DC, on a positive note. We joined the media delegation for a chat with outgoing AmCham President Anis Aclimandos and Omar Mohanna, chairman of the Egypt-US Business Council, for a briefing on this year’s mission. Key takeaways: Overall, the delegation felt that the view of […]
Posted inUncategorized
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Posted inImage of the Day
Mohamed Salah receives death threat in Italy
Mohamed Salah receives death threat in Italy: Mohamed Salah and fellow AS Roma players Radja Nainggolan and Daniele de Rossi were targeted with a death threat on Thursday, when dummies wearing the three football players’ jerseys were found hanging in a Rome street, King Fut reports. The effigies were accompanied by a banner reading, “A […]