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Subsidy moochers be warned: Update your info, or no soup for you: Commodity subsidy beneficiaries who don’t update or complete their missing data by the 30 June deadline will have their ration cards suspended, the government warned on Wednesday, according to Al Ahram. Only a few thousand of some 19 mn beneficiaries with missing data […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Water Holding Company to increase water prices for all consumption tiers in new billing system
Water prices will increase next fiscal year for all, rich and poor, according to statements by the chairman of the Holding Company for Water and Wastewater Mamdouh Raslan. The company has set up a proposal to change the water billing system and reworking the breakdown of the consumption tiers. The new system will see three […]
Posted inSpeed Round
MNOs, ICT Ministry agree on when, where 4G will be rolled out
MNOs have agreed where and when 4G will launch, but they ain’t sayin’ when: Vodafone, Orange, and Etisalat have reportedly agreed with the ICT Ministry on the latest date by which high-speed 4G networks will go live — and in which geographical areas the service will first launch, Al Mal reports. The catch: No further […]
Posted inSpeed Round
Earnings Watch
EARNINGS WATCH- Qatar National Bank Alahly reported consolidated net profits of EGP 1.26 bn in 1Q2017, rising from EGP 904.9 mn during the same period last year, according to a regulatory filing.
Posted inSpeed Round
1Q2017 tourist arrivals exceed targets by 10-15%
Egypt exceeded its tourist arrival targets by 10-15% in 1Q2017, Tourism Minister Yehia Rashed said on Wednesday, Ahram Gate reports. The figures suggest that the sector is gradually recovering and that recent efforts to promote tourism to Egypt are proving effective, he added.
Posted inSpeed Round
Egypt’s population growing 5 times faster than China
Egypt’s population is growing at a rate five times faster than is China’s and eight times faster than South Korea’s, state census bureau CAPMAS head Abu Bakr El Gindy said on Tuesday, Al Masry Al Youm reports. This is important, folks: China is just now starting to face up to something of an existential crisis: […]
Posted inSpeed Round
Interior Ministry warns newspapers against fake news
Dakhleya warns press on fake news: The Interior Ministry issued a sharp warning to a number of news outlets that it may resort to “judicial procedures” against publications that spread fake news. The warning released yesterday specifically addressed El Wafd, El Masreyoun, Al Bawaba and Al Masry Al Youm, accusing them of publishing false reports […]
Posted inUncategorized
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Posted inEGYPT HOLIDAY PHOTO OF THE DAY
Castle Zaman between Taba and Nuweiba
Today’s Egypt Holiday Photo of the Day is Castle Zaman, a resort located between Taba and Nuweiba in South Sinai. Taba is one of Egypt's most strategic and picturesque coastal towns in South Sinai. From the swimming pool at Castle Zaman, pictured above, located on a mountain top between Taba and Nuweiba, the countries of […]
Posted inEGYPT IN THE NEWS
Pickups of the Interior Ministry’s statement identifying the attackers top headlines
Coverage of the aftermath of the church bombings continues to dominate the conversation about Egypt in the international press this morning, with pickups of the Interior Ministry’s statement identifying the attackers being the most talked about story. Other stories worth noting include: Sunday’s attacks left President Abdel Fattah El Sisi grappling with the question of […]