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Egypt wastes around two tonnes of wheat each year as a result of not following correct agricultural procedures, vice president of the Agriculture Research Center Mohamed Soliman said, Al Mal reports.
Author Archives: enterpriseam admin
Posted inHealth + Education
Education Ministry, Orascom Construction, Sawiris Development Foundation discuss establishing 15 community schools
Education Minister Tarek Shawki met with officials from Orascom Construction and the Sawiris Foundation for Social Development to discuss cooperating in establishing 15 community schools in Assiut, Al Borsa reports.
Posted inHealth + Education
Vezeeta to expand operations to Jordan and Lebanon
Automatic clinic and physician booking platform Vezeeta is set to expand its operations to Jordan this month, and will later expand to Lebanon, Al Borsa reports. Vezeeta had raised USD 5 mn in its series B funding, led by the UAE’s Beco Capital, in January.
Posted inTourism
Tourism Minister discusses increasing Italian tourism with Italy’s tour operators at BIT Milano
Tourism Minister Yehia Rashed met with Italian tour operators at the BIT Milano tourism expo to discuss ways to increase Italian tourism to Egypt, Al Shorouk reports. The tourism companies requested Rashed to look into launching direct flights from Italian cities to Luxor and Aswan and encouraged Egypt to continue its tourism promotion campaigns.
Posted inTourism
JWT to launch tourism campaign in Gulf countries during Ramadan
Advertising agency JWT is planning to launch a tourism promotion campaign in Saudi Arabia, UAE, Kuwait, and Bahrain during Ramadan, Egypt CEO Hany Shoukry said, Al Shorouk reports. JWT is also set to launch a separate digital media campaign in Lebanon and Morocco “within weeks,” after finding success in a similar campaign in China and […]
Posted inTourism
Amadeus IT Group looks to expand investments in Egypt
Europe’s Amadeus IT Group, which provides IT solutions for the global travel industry, is looking to expand its activities and investments in Egypt, the company announced during a joint workshop with EgyptAir in Alexandria on Monday, Al Mal says.
Posted inTourism
TSA agents inspect Cairo Airport’s security procedures
A delegation of United States Transportation Safety Administration agents arrived in Cairo yesterday to inspect Cairo Airport’s security procedures, particularly for New York-bound flights, Ahram Gate reports.
Posted inBanking + Finance
Four electricity production companies in talks with six banks to borrow USD 400 mn
The West Delta, East Delta, Middle Delta, and Cairo electricity production companies are in talks with six banks to borrow USD 400 mn to repay international contractors for their maintenance work on the electricity production companies’ power stations, Al Borsa reports. The companies are currently negotiating with the National Bank of Egypt, Banque Misr, CIB, […]
Posted inBanking + Finance
MasterCard to implement government e-payment solutions
MasterCard will expand electronic payment solutions in partnership with the Egyptian government by year-end, Al Mal reports. This will include allowing for electronic payments for government services as well as cash transfers. The expansion will include disbursing the cash subsidies through the Takaful and Karama programs electronically through cards.
Posted inEgypt Politics + Economics
Alex Port Authority mulling new 400-feddan logistical zone in Nubareya
The Alexandria Port Authority is looking to establish a new 400-feddan logistical zone in Nubareya to provide strategic services to existing factories in the area such as food packaging and the storage of grains and petroleum products, port chief Medhat Attiya told Al Borsa on Monday.