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It’s was a wonderfully quiet holiday long weekend for Egypt in the international press, with the top story this morning being the government’s decision to return the islands of Tiran and Sanafir to Saudi Arabia. You can check out coverage from the Reuters, or see how it is playing in the UK (the Guardian), Iran […]
Author Archives: enterpriseam admin
Posted inOn Deadline
Develop education and manufacturing, and investments will follow
Egypt won’t attract investors until we show them what they want, namely an active and productive economy supported by an adequately educated population, Nashwa El Houfy says in a column penned for El Watan. The writer says she cares little for official visits and instead places emphasis on “getting the engine or production started” in […]
Posted inOn Deadline
2017 is the year to find Sisi’s potential successor, but where?
Constitutionally speaking, 2017 is the year to find whoever will have the fortitude to run against President Abdel Fattah El Sisi in the 2018 presidential elections, but the lack of active political parties and opposition figures suggests we’re looking forward to an election season reminiscent of the one-man show of the Mubarak era, Fatheya El […]
Posted inWorth reading
There are lessons for Egypt in how China built “iPhone City”
There are lessons for Egyptian policymakers in how China built “iPhone City.” Unless you’re an iSheep, you’ve probably never heard of Zhengzhou, home to a sprawling plant that can produce about 500k iPhones a day — or about half of Apple’s total iPhone production capacity. And it’s all because the local government stepped up to […]
Posted inImage of the Day
This shot of Egypt’s Lake Nasser is one of NASA’s 2016 photos of the year
Among NASA’s photos of the year: This image of Lake Nasser. This image of Lake Nasser is one of 16 gorgeous images selected by NASA’s Johnson Space Center as its “top photos of Earth from the International Space Station” in 2016. Click here or tap the image for the full photo gallery in the Washington […]
Posted inDiplomacy + Foreign Trade
Turkish businessmen delegation to visit Egypt on 30 January
Turkish business delegation to visit seeking investment opportunities: A delegation of business leaders from the Federation of Turkish Chambers of Commerce will be visiting Cairo on 30 January to explore investment opportunities in industries including automotive parts and components, readymade garments, and food and beverages, AMAY reports.
Posted inDiplomacy + Foreign Trade
Trade Ministry to sign MoUs with Azerbaijan, Bahrain, Portugal, and Morocco
The Trade and Industry Ministry is preparing to sign MoUs on economic cooperation with Azerbaijan, Bahrain, Portugal, and Morocco to bilateral trade, AMAY reported. The ministry is also preparing a study on 44 markets to better understand their dynamics and import needs.
Posted inEnergy
EGPC issues tenders for 1.012 mn tonnes of diesel to cover its Feb, March needs
The Egyptian General Petroleum Corporation (EGPC) has issued two tenders to purchase nearly 1.012 mn tonnes of diesel to cover its requirements for the months of February and March, Al Borsa reports. The window for bidding will close on 10 January.
Posted inBasic Materials + Commodities
Kuwait removes all restrictions on Egyptian strawberry imports
Kuwait has agreed to remove restrictions it imposed on imports of Egyptian strawberries, Trade and Industry Minister Tarek Kabil said, according to Al Masry Al Youm. Kuwait had imposed a requirement that imports of Egyptian strawberries be accompanied by a certificate certifying they’ve been tested and are fit for human consumption. Al Masry Al Youm […]
Posted inBasic Materials + Commodities
Military-run NSPO raises infant milk prices for consumers to EGP 43 from EGP 30
The military-controlled National Service for Projects Organization (NSPO) has raised the price of its infant milk brand Tahya Misr to EGP 43.50 per packet from EGP 30, to make up for its increased import costs after the EGP floatation, Al Borsa reported. The hike came into effect on 17 December, according to the newspaper.