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A group of rights activists are attempting to annul Egypt’s 1914 Assembly Law arguing that it was repealed as early as 1928, Ahmed Aboulenein writes for Reuters. The law, which has been used to jail opposition activist over the past three years, was handed down under the British occupation in the lead up to World […]
Author Archives: enterpriseam admin
Posted inEGYPT IN THE NEWS
Other stories worth noting this morning:
Activist Sharif Abdel Kouddous’ piece for the outstanding outfit The Intercept on the alleged hacking of activists by the Egyptian state is getting wide attention on social media despite treading little new ground. A Hamas official said the organization “would be happy” if Egypt were to broker a deal for a captive swap between Hamas […]
Posted inWorth watching
The (break)dancing sheikh
Sheikh MJ? A bearded salafi man shows he still has some sweet dance moves that left us impressed — but very confused at the same time (runtime 00:27).
Posted inWorth reading
British psychotherapist publishes novel centered around Egyptian orphanage
British psychotherapist Jo Jackson recently published “Too Loud a Silence,” a novel that tells the story of a London-raised Egyptian orphan who returns to Egypt in the midst of the 2011 revolution to discover her roots. Jackson’s story was inspired by her time living in Cairo in the 1980s, during which she regularly visited an […]
Posted inDiplomacy + Foreign Trade
Sahar Nasr meets Indonesian Foreign Minister Marsudi
International Cooperation Minister Sahar Nasr met with Indonesian Foreign Minister Retno Marsudi yesterday ahead of a planned Egyptian-Indonesian business council meeting, Al Ahram reported.
Posted inDiplomacy + Foreign Trade
Cairo Chamber of Commerce signs MoU with Korean-Egyptian Development
The Cairo Chamber of Commerce signed a memorandum of understanding with the Korean-Egyptian Development Council to increase bilateral trade and exchange information about the two countries’ markets, Al Shorouk reported.
Posted inEnergy
GTC Korea to invest USD 450 mn in waste-to-energy project if state agrees to raise FiT
Korean investment in waste-to-energy contingent on tariff changes: GTC Korea could invest USD 450 mn in waste-to-energy products across Egypt if the Electricity Ministry agrees to amend the feed-in tariff to EGP 3 per kWh from a current offer of EGP 1.45 per kWh, Al Borsa reports.
Posted inInfrastructure
Suez Canal Authority begins EGP 3 bn West Port Said Port renovations
The Suez Canal Authority started work on an EGP 3 bn upgrade of West Port Said Port, Chairman Mohab Mamish told Al Mal. The project will be self-financed by the authority and will see both the construction of new container terminals and a general upgrade of infrastructure.
Posted inManufacturing
Aswan Cement to apply for new cement license
Aswan Cement is looking to acquire a cement production license from the Industrial Development Authority (IDA) in a bid to boost its production capacity to 3.5 mn tonnes per annum from 1.5 mn today, Al Borsa reports. At the end of 2016, the IDA had tendered 14 licenses, but awarded only three to Egyptian Cement, […]
Posted inManufacturing
Engineering Industries Export Council looking to boost exports by 25% this year
Members of the Export Council for Engineering Industries hope to boost the industry group’s aggregate exports by 25% this year to reach USD 3 bn, as last year’s foreign currency shortage that had restricted production has now eased and will allow manufacturers to import the raw materials they need, council member Mohamed El Aidy told […]