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Other coverage of Egypt in the international press worth a gander this morning: The foreign love affair with #25Jan continues in the National Post carrying an excerpt from Robert F. Worth’s A Rage for Order. Argentine football superstar Lionel Messi’s visit to Egypt this week made its way to international headlines last night, with coverage […]
Author Archives: enterpriseam admin
Posted inOn Deadline
Diversification of energy sources is a good idea that was implemented incorrectly
Egypt’s plans to diversify its energy sources was a well-intentioned idea that was implemented incorrectly: While stepping away from reliance on natural gas is a smart move, having wide diversity in energy sources should not be a goal in itself, Ragia El Gerzawy says in a column penned for Al Masry Al Youm. El Gerzawy […]
Posted inWorth watching
9-year-olds take a crack at being tour guides
Are you better informed than the average Egyptian 9-year-old? Probably not when it comes to Egyptian history and antiquities, and you’re up against this group of young students taking a crack at being tour guides for visitors at archaeological and historical sites in Egypt, as part of the Antiquities Ministry’s “Young Guide” program (watch, runtime […]
Posted inDiplomacy + Foreign Trade
European Union appoints new head of delegation to Egypt
New EU delegation chief in Egypt: The European Union has appointed senior Slovak diplomat Ivan Surkos as the new head of the EU’s delegation to Egypt, according to a statement. Surkos, who was previously the Slovak ambassador to Syria, Lebanon, and Jordan and the Slovak Foreign and European Affairs Ministry’s director of diplomatic protocol, took […]
Posted inEnergy
Admasco Oil Field Services wants to build a USD 10 mn maintenance factory in Cairo
Admasco Oil Field Services Company is looking to establish a USD 10 mn oilfield equipment servicing and maintenance plant, Al Borsa reported. Admasco is currently conducting feasibility studies for the plant, which the company aims to build in Cairo.
Posted inEnergy
Toyota, Orascom, and GD France to sign power purchase agreement for Gulf of Suez wind station in two months
The Egyptian Electricity Transmission Company will be signing a power purchase agreement for the 250 MW wind power station that Toyota, Orascom, and GD France are co-developing the Gulf of Suez within two months, sources at the Electricity Ministry tell Al Borsa. The companies will reportedly be given land for the wind farm in a […]
Posted inManufacturing
Military Production Ministry hopes to join the ranks of local auto feeders
The Military Production Ministry wants to join the ranks of local auto component makers and start manufacturing car parts to aid in the industry in decreasing its reliance on imports, Al Mal reports.
Posted inTourism
Tourism Ministry could set floor for hotel room rates, move to enforce open skies agreements
A floor on how little hotels in Egypt can charge per night could be imposed by the end of June, Tourism Minister Yehia Rashed said, according to Al Mal. Rashed’s actions follows the recommendation of the Supreme Tourism Council. Rashed also said his ministry is coordinating with the Civil Aviation Ministry to implement open skies […]
Posted inTourism
EgyptAir to offer flight discounts for Hep-C patients coming to Egypt under Tour n’Cure
EgyptAir will be offering discounts on its flight tickets for foreigners coming to Egypt for Hepatitis-C treatment under the Tour n’Cure initiative, as part of an MoU it signed with Prime Pharma on Wednesday, Al Shorouk reports.
Posted inTelecoms + ICT
Court rules GTH should indemnify Atheer to the tune of USD 60 mn
An English High Court found Global Telecom Holding (GTH) and Orascom Telecom Iraq (OTI) liable to indemnify Atheer Telecom Iraq Limited to the tune of USD 60 mn, according to a GTH disclosure. The dispute is from the 2007 sale of Iraqna, OTIL's Iraqi mobile subsidiary, to Atheer, which sought the indemnity for certain tax […]