Christian families are fleeing their homes in North Sinai’s Al Arish, after Islamist terrorists killed another Coptic Christian this Friday, the Associated Press reported. The death was the sixth Christian to be killed in Sinai this month. The government responded by relocating the displaced citizens to Ismailia, Qalyubiyah, Cairo, and Asyut temporarily until the crisis […]
Author Archives: enterpriseam admin
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Russia’s most preserved natural reserves turn 100
Meet Russia’s nature preserves, now turning 100 and teeming with polar bears, muskox and some very hungry brown bears.
Displacement of Sinai Christians tops int’l coverage of Egypt
The displacement of dozens of Christian families in Sinai as a result of increasing threats from Daesh topped international coverage of Egypt over the weekend — which saw significant foreign media coverage of some of our top stories. Reports on the number of Coptic Egyptians fleeing Sinai (mostly from Al Arish) differ from the AP […]
EGX stamp tax should be switched out for a tax on bank deposits
Imposing stamp taxes on EGX transactions should be replaced with a tax on bank deposits, which carry no risks and would be certain to yield greater returns if taxed than transactions in the stock market, Mahmoud Hashem writes in a column penned for Al-Borsa. Please, God, don’t get us started…
No plans to resettle Palestinians in Sinai -Ittihadiya
Egypt has never proposed to resettle Palestinians in Sinai, Ittihadiya’s spokesperson Alaa Youssef told local media outlets on Thursday. “These are baseless rumors,” Youssef says, and they aim to “destabilize” Egypt. “There were no such discussions or proposals from any Arab or international bodies, and that the issue is unacceptable,” he added. Ittihadiya also said […]
Hungary’s deputy prime minister visits Cairo
Hungary’s deputy prime minister Zsolt Semjén arrived in Cairo on Thursday to discuss improving cooperation with Egypt, Youm7 reports. Semjén’s visit comes after Defense Minister Sedki Sobhi met with his Hungarian counterpart István Simicskó in Budapest last week.
Egypt provided arms to South Sudan?
Did Egypt provide arms to South Sudan? Sudan President Omar Al Bashir accuses Egypt of providing South Sudan with weapons and ammunition. “We have intelligence that they [Egypt] supported the South Sudanese government, and continue to support the government with arms and ammunition,” Al Bashir says, Sudan Tribune reports, but denied Egyptian involvement in air […]
Belgian business delegation to visit Egypt in May to discuss investment opportunities
A Belgian business delegation is expected to visit Egypt in May to discuss investment opportunities and will likely focus on the Suez Canal Economic Zone, Egyptian-Belgian Business Association head Rafik Attia said, Al Shorouk reports.
55 Egyptian companies sign export contracts worth USD 10.6 mn with Kenya
55 Egyptian companies signed export contracts worth USD 10.6 mn at the opening ceremony of the Egypt’s logistics center in Nairobi, Al Borsa reports. The agreements were signed during an Egyptian business delegation’s seven-day visit to Kenya.