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Jama’a Islamiyah founder and mastermind behind 1993 attack on World Trade Center dead at nearly 80: The death of “blind sheikh” Omar Abdel Rahman at nearly 80 years old in his North Carolina prison cell on Saturday received wide coverage from the international press, as Abdel Rahman, effectively the Osama Bin Laden of his time, […]
Author Archives: enterpriseam admin
Posted inEGYPT IN THE NEWS
Al Azhar, judiciary fighting to preserve independence
The judiciary and Al Azhar seek to preserve what they both see as their autonomy from the presidency, Nathan Brown and Mariam Ghanem write for the Carnegie Endowment for International Peace. They say both institutions are willing to act to keep that autonomy “and insist that their specific expertise be respected even if it leads […]
Posted inOn Deadline
The tinfoil hat brigade on why Tel Aviv withdrew its ambassador to Cairo.
Writing for El Watan, Mahmoud Khalil comes away from Israel’s surprise recall of its ambassador to Cairo wondering whether it’s part of Tel Aviv’s plan to pressure Egypt to join forces with Israel and Saudi Arabia in a Trump-promoted coalition against Iran.
Posted inDiplomacy + Foreign Trade
Egypt committed to two-state solution
Egypt remains committed to a two-state solution to the Israel-Palestine conflict, Reuters quotes a foreign ministry spokesman as saying.
Posted inDiplomacy + Foreign Trade
President Sisi meets Kenyan counterpart, while Egyptian businessmen sign agreements in Kenya and Uganda
Drive to deepen ties with Kenya: President Abdel Fattah El Sisi met yesterday with his Kenyan counterpart Uhuru Kenyatta, during which the two leaders agreed to eliminate double taxation on imports as a way to boost investment and trade, Egypt Independent reports. The two also discussed security issues and means of ensuring all Nile Basin […]
Posted inDiplomacy + Foreign Trade
El Sisi receives Togo’s president, UN Secretary-General, Awards UNESCO head medal
El Sisi’s epic Thursday: President Abdel Fattah El Sisi had a busy schedule on Thursday. He received Togo’s President Faure Gnassingbé, who is on a private visit to Egypt, and UN Secretary-General António Guterres. El Sisi also awarded Irina Bokova, Director-General of the United Nations Educational, Scientific and Cultural Organization (UNESCO) the Order of the […]
Posted inDiplomacy + Foreign Trade
Japan slows investment in Egypt
Japanese investments in Egypt may be at risk of shrinking in the near future, Japan’s ambassador to Egypt Takehiro Kagawa told Al Shorouk. Investments, which stand at around USD 100 mn per annum, have been put at risk due to the depreciation of the EGP since the November float. Some of these have been suspended […]
Posted inDiplomacy + Foreign Trade
Turkish companies say they want to invest in Egypt’s pharma, fertilizer, engineering, CIT industries
Turkish companies participating in the Egyptian-Turkish business forum conference yesterday expressed interest in investing in Egypt’s pharma, fertilizer, engineering, CIT, and construction industries, but have yet to sign any official agreements, Al Borsa reports. According to Atilla Atasevin, the head of the Turkish businessmen’s association, investors from both countries are planning on holding a joint […]
Posted inEnergy
Oil Minister meets with IOC delegations
Oil Minister Tarek El Molla met with delegations from several international oil companies, including France’s Total and the French Institute of Petroleum, to discuss increasing the scope of their Egyptian investments, Al Shorouk says. Total are looking to increase investments at their North El Hammad concession, he said, while the French Institute of Petroleum are […]
Posted inBasic Materials + Commodities
Bissolo Gabriele exporting fruit to Egypt
Italian fruit producer Bissolo Gabriele says it is now working with Libya, Egypt, and Jordan. Manager Patrizio Destro told Fresh Plaza "Russia closed its borders, so we went and focused on North Africa… Some may see it as a gamble, but the business with countries like Libya, Egypt and Jordan is going well… We sell […]