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Increasing human activity and the ballooning population in Egypt have “seriously altered” the Nile’s flow conditions, which, coupled with the looming Grand Ethiopian Renaissance Dam, will likely result in a freshwater crisis for Egypt by 2025, ScienceDaily reports. Wait, it gets worse: Citing a study from the Geological Society of America, ScienceDaily says that “the […]
Author Archives: enterpriseam admin
Posted inEGYPT IN THE NEWS
US should enforce conditionality on aid to Egypt
US officials should remain firm on the necessity of human rights to the maintenance of security and stability in their meetings with Egyptian representatives, Amr Kotb and Allison McManus write for The Hill. “Particularly, they must insist on the protection of civil society as important to a country’s social and economic health, especially during a […]
Posted inEGYPT IN THE NEWS
Gilad says Yacoubian Building deserves Nobel
Alaa Al Aswany’s book The Yacoubian Building deserves a Nobel Prize, retired Israeli secret emissary to Arab countries and the head of the Defense Ministry's Political-Military Affairs Bureau Amos Gilad, told Ynet. “If I were a member of the Nobel Prize committee, I would give him the award. I learned a lot about Egypt from […]
Posted inEGYPT IN THE NEWS
Other coverage of Egypt in the news
Other coverage of Egypt in the international press worth noting in brief: Farid Farid asks if Gamal Mubarak is eying Egypt’s presidency in an article for the Sydney Morning Herald. “Mubarak has shown up at a wedding, a funeral and a soccer match, happily snapping selfies with onlookers still enamoured of the flamboyant figure groomed […]
Posted inOn Deadline
Do we really have a parliament?
Ziad Bahaa El Din asks whether we really have a parliament, in a column for Al Shorouk. On legislation, he makes points to the House of Representatives having passed 340 laws issued by presidential decree without serious discussions in addition to not holding any meaningful assessment on the Ismail cabinet’s reform agenda when it was […]
Posted inWorth watching
Adele kissing hand of Muslim fan goes viral
A video of Adele kissing the hand of a Muslim fan went explosively viral, garnering much love from the UK singer among the Muslims of the twittersphere. The video (watch, runtime: 0:12) shows a fan wearing the hijab kissing the hand of Adele during a performance (as we are wont to do), and the singer […]
Posted inDiplomacy + Foreign Trade
No confirmation Egypt invited to Syria talks, Shoukry urges Libyans to continue dialogue
There is “no confirmation” Egypt was invited to observe this week's Syria reconciliation talks in Kazakhstan, Foreign Affairs Ministry spokesman Ahmed Abu Zeid told Sputnik. The talks are set to be held in Astana today and tomorrow and UN Special Envoy for Syria Staffan de Mistura and US officials have been invited as observers. Separately, […]
Posted inEnergy
Orascom Construction looking to form consortium for USD 8 bn Hamrawein clean coal plant
Orascom Construction (OC) is in talks to form a consortium to bid on establishing the 6 GW USD 8 bn Hamrawein “clean coal” power plant, CEO Osama Bishai tells Al Mal. Bishai named Shanghai Electric, Dongfang Electric, Mitsubishi–Hitachi, and Sumitomo Electric, as potential partners the company is negotiating with. This appears to contradict reports on […]
Posted inEnergy
Infinity Solar in talks for USD 45 mn facility to fund 30 MW power plant
Infinity Solar is in negotiations for over USD 45 mn in loans to fund its 30 MW solar power plant as part of phase two of the feed-in tariff (FiT) program, human resources director Hisham El Gamal tells Al Mal. The company is in talks with four lenders including the International Finance Corporation and the […]
Posted inEnergy
Government announces new waste-to-energy feed-in-tariff
The government has set a base FiT rate for waste-to-energy projects at EGP 1.21 per kWh to account for cost increases after the EGP flotation, and stipulated that 50% of the rate be calculated according to the exchange rate on payday, sources from the ministry tell Al Borsa. According to the sources, the rate will […]