Supply Minister Ali El Moselhy acquiesced to pleas by rice and sugar producers to delay the decision to have them print prices on their goods to 31 May from 15 April, Al Masry Al Youm reports. The Federation of Egyptian Chambers of Commerce had previously been lobbying to postpone the deadline for printing prices to […]
Author Archives: enterpriseam admin
Tarek Kabil meets with SC Johnson Chairman
Trade and Industry Minister Tarek Kabil met with SC Johnson Chairman and CEO Herbert Fisk Johnson on Saturday to discuss the company’s expansion plans in Egypt, Al Mal reported.
Hep C treatments to be approved for children within two weeks
The National Committee for the Control of Viral Hepatitis will approve using Sovaldi and Harvoni to cure children with Hepatitis C within two weeks, Chairman Wahid Doss tells Al Mal. This follows the US FDA’s recent approval to use the medications to treat children. Doss expects the medication will be used starting from June.
Health Ministry is developing a new tracking system for meds
The Health Ministry is launching a new digital tracking program to monitor distribution and sale of meds, with an eye to ensure expired or smuggled meds are off the market, a ministry spokesperson tells AMAY. The move was reportedly done in cooperation with pharma companies.
Hotel occupancy rates up over Easter weekend
Hotel occupancy rates were up over the Easter weekend, with foreigners accounting for most of the boost, tourism industry sources tell Al Shorouk. Cairo hotels saw the biggest increase in occupancy rates, which have driven up room rates by 10-12%, according to Hilton Cairo manager Soha El Torgoman. Sharm El Sheikh and Hurghada hotels also […]
Misr Cafe, Green Fields looking to boost exports this year
Misr Cafe exported products worth USD 20 mn last year, including USD 1.5 mn exported to African markets, Misr Cafe chairman Mounir Massoud told Al Borsa. Massoud said that the company is looking to increase its exports to Africa by 25%, and is planning to participate in a number of food expos, including Food Africa […]
Manpower Ministry holds “national dialogue” over Labor Act
The Manpower Ministry began holding a “national dialogue” with business owners and worker representatives to discuss the Labor Act, Al Masry Al Youm reports.
House discussion of Tiran and Sanafir agreement to be broadcast?
In a surprise on the same scale as Brazil’s 7-1 loss at the World Cup, House Speaker Ali Abdel Aal reportedly approved yesterday broadcasting the discussion on the Saudi-Egypt maritime border demarcation agreement, unnamed MPs tell Al Mal. According to the sources, the decision is meant to “increase transparency” on the debate of the contentious […]
Parliament reportedly looking to extend its mandate
Members of the House of Representatives may vote to take a shorter summer break, extending their current legislative session past its scheduled end in June to address a backlog of legislation MPs have yet to consider, parliamentary sources tell Al Shorouk.
Military Chief of Staff meets with Kuwaiti counterpart
Armed Forces Chief of Staff Gen. Mahmoud Hegazy met with his Kuwaiti counterpart, Mohamed Ahmed Al-Khader, in Cairo on Monday for security talks, Al Masry Al Youm reports.