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Daredevil Russian model throws Dubai, interwebs into a tizzy: Twenty-three-year-old model Viktoria Odintcova was summoned back to Dubai from St Petersburg to “sign a pledge to never put her life in danger for her work again” after she dangled off a 73-story building with no safety harness for a photo stunt. The UK’s Metro News […]
Author Archives: enterpriseam admin
Posted inDiplomacy + Foreign Trade
Egypt and Jordan will not compromise on a two-state solution
Egypt and Jordan will not accept anything short of a two-state solution to the Palestinian-Israeli conflict that would see a Palestinian state established along the 1967 borders with East Jerusalem as its capital. That’s the take-home message in a statement from Ittihadiya (pdf) issued after Jordan’s King Abdullah II visited Cairo yesterday. “These are unwavering […]
Posted inDiplomacy + Foreign Trade
Sherif Ismail meets with vice president of German Bundestag
PM meets top German legislator ahead of Merkel visit to Cairo: Prime Minister Sherif Ismail met with vice president of Germany’s Bundestag Johannes Singhammer to discuss Egypt’s economic reform program, terrorism and Egypt’s experience with illegal migration, according to a Cabinet statement. The two did not discuss a potential Turkey-style anti-migration deal between Egypt and […]
Posted inDiplomacy + Foreign Trade
Egypt-France Business Council, Tarek Kabil focus on attracting French investments in Egypt’s auto industry
Trade and Industry Minister Tarek Kabil’s first day in Paris focused largely on attracting French investments in Egypt’s auto industry. Kabil, who was in the French capital with a delegation from the Egypt-France Business Council to promote investment opportunities in Egypt, discussed with his French counterpart Christophe Sirugue opportunities for Egypt to benefit from France’s […]
Posted inDiplomacy + Foreign Trade
UK expresses interest in increasing investments in Egypt-Ambassador Casson
The UK is looking to increase investments in Egypt in the upcoming period, Ambassador John Casson told Investment and International Cooperation Minister Sahar Nasr, according to a ministry statement.
Posted inDiplomacy + Foreign Trade
Japan to shift its investments in Egypt from energy to pharma and food projects
Japan is less interested in energy investments in Egypt than it is in pharma and food, Japan’s ambassador to Egypt Takehiro Kagawa tells Al Borsa.
Posted inDiplomacy + Foreign Trade
Vatican, Al Azhar meet to discuss fighting extremism
Vatican, Al Azhar meet to discuss fighting extremism: Cardinal Jean-Louis Tauran, president of the Pontifical Council For Interreligious Dialogue at the Vatican, arrives today on a two-day visit to Al Azhar, according to Vatican Radio. Tauran is set to participate in an Al-Azhar symposium on terrorism and extremism, Al Masry Al Youm reports. On a […]
Posted inEnergy
EETC asks solar power companies to cover increases in infrastructure development costs for renewable energy projects, ready to sign power purchasing agreements
The Egyptian Electricity Transmission Company (EETC) is ready to sign power purchase agreements with renewable energy companies under the feed-in tariff program as soon as they reach financial close, Al Borsa says. The Finance Ministry approved investors’ letters of guarantee on Tuesday, one day after the EETC informed them during a meeting that they would […]
Posted inEnergy
Egypt may join OPEC’s oil production cap agreement –OPEC
Egypt may join OPEC’s oil production cap agreement, OPEC Secretary-General Mohamed Barkindo said at a press conference on Tuesday. “We still expect more other producers will join [the agreement] in the possible time…Yes, we would like to see Egypt to be part [of the agreement],” Barkindo said, according to TASS. Barkindo showered Egypt’s Zohr discovery […]
Posted inEnergy
Electricity Minister meets with Siemens consultants to discuss grid master plan
Electricity Minister Mohamed Shaker met with Siemens executives to discuss the 2025 electricity grid master plan and the 2018 short-term plan, Al Masry Al Youm reported. Siemens is preparing the masterplan as a consultant to the ministry under a 2015 MoU, according to a Al Borsa.