Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Climate (MENA) 
Food sales at Egyptian supermarkets and hypermarkets are expected to double from their 2011 levels by 2017, according to a report by the USDA Foreign Agriculture Service. Smaller supermarket outlets opened by Turkey’s BIM and home-grown hard discounter Kazyon represent a growing percentage of the modern supermarket retail channel in Egypt. They are expected to […]
Author Archives: enterpriseam admin
Posted inWorth watching
AI is bringing back the dead
AI is bringing back the dead: In the Black Mirror episode “Be Right Back,” a grieving widow uses an AI service, which imitates her dead husband’s digital footprint to allow her to converse with an AI version of him. CNN Money has found an AI startup which has managed to do just that (watch, runtime: […]
Posted inDiplomacy + Foreign Trade
Egypt, South Korea ink defense cooperation agreement
Egypt and South Korea signed a defense cooperation agreement on Wednesday, according to Korea’s Yonhap News Agency. The MoU signed between the defense ministers of both countries would promoted defense industry cooperation and the exchange of military hardware. The move is part of an effort by South Korea to seek cooperation with Africa with an […]
Posted inDiplomacy + Foreign Trade
Nile Basin ministers to hold new extraordinary meeting to revisit Egypt rejoining the initiative
Irrigation ministers of the Nile Basin Initiative countries have agreed to hold a new extraordinary meeting soon in Entebbe to resolve disputes over the Nile Water Framework Agreement, Al Masry Al Youm reports. Egypt will present at the meeting an outline of its path to rejoining the initiative, said Egypt’s Irrigation Minister.
Posted inDiplomacy + Foreign Trade
Tourism initiative, German SCZone projects
The Egyptian-Lebanese Business Association wants to bolster tourism flows between the two countries and Suez Canal Economic Zone boss Ahmed Darwish in the state press this morning saying he’s trying to lure German manufacturers to the SCZone.
Posted inEnergy
Int’l funding institutions to begin meetings with Electricity Ministry over FiT phase two funding
International financing institutions will be meeting extensively with Electricity Ministry officials over the coming period to discuss funding solutions for renewable energy projects being developed under the feed-in tariff (FiT) program’s phase two, Al Mal reports. Representatives from the European Bank for Reconstruction and Development, OPEC, IFC, and France’s Proparco already began touring project sites […]
Posted inEnergy
Schneider Electric signs contracts for 5 projects in energy, water, food sectors
Schneider Electric signed five contracts with Beyti Food Industries, India’s TCI, China’s Sinoma, the Sukari gold mine, and Al Galala Mountain Project, Al Borsa reports. Schneider will develop the electrical grid and install power transmission stations for TCI’s factory by the end of October, and agreed with Beyti to supply the electrical grid for its […]
Posted inEnergy
Electricity Ministry signs USD 200 mn contract with Worleyparsons for consultancy on Dabaa nuclear power plant
The Electricity Ministry inked a USD 200 mn contract with Australian engineering consultancy firm Worleyparsons to provide project management consulting on the Dabaa nuclear power plant project, Al Borsa reports.
Posted inEnergy
El Molla meets with Edison chief executive
Edison is working to increase its exploration activity in Egypt, said Edison CEO Marc Benayoun at a meeting with Oil Minister Tarek El Molla on the sidelines of the Offshore Mediterranean Conference, Al Ahram reports.
Posted inInfrastructure
Arab Contractors looking for more work in African countries
Arab Contractors is in negotiations in a number of African countries for contracts to complete infrastructure projects, Al Borsa reports. The projects include road works and water and sanitation pipelines in countries including Uganda, Nigeria, Togo, and Kenya. The company says it is still facing challenges with payment collections in some African countries that are […]