{"id":581087,"date":"2023-02-06T00:00:00","date_gmt":"2023-02-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/06\/no-talks-to-sell-suez-port-management-rights-to-adp-says-transmin\/"},"modified":"2023-02-06T00:00:00","modified_gmt":"2023-02-06T00:00:00","slug":"no-talks-to-sell-suez-port-management-rights-to-adp-says-transmin","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/06\/no-talks-to-sell-suez-port-management-rights-to-adp-says-transmin\/","title":{"rendered":"No talks to sell Suez Port management rights to ADP, says TransMin"},"content":{"rendered":"

<\/p>\n

<\/p>\n

<\/p>\n

<\/p>\n

INFRASTRUCTURE-<\/span><\/p>\n

<\/span>Gov\u2019t denies ADP-Suez Port talks: <\/span>The Transport Ministry has denied that it\u2019s in <\/span>talks to sell development and management rights at Suez Port to Abu Dhabi Ports. Asharq Business had <\/span>reported last month<\/a><\/span> that the ADQ-owned company was in advanced talks to take over management of the port under a usufruct contract, citing sources it said had knowledge of the matter. In <\/span>a statement<\/a><\/span> yesterday, the ministry denied talks were taking place and called the report \u201ccompletely false and baseless.\u201d<\/span><\/p>\n

PHARMA-<\/span><\/p>\n

Ibnsina Pharma signs second distribution agreement with an int\u2019l drugmaker in as <\/span>many weeks: <\/span>Ibnsina Pharma will distribute treatments by German pharma giant Boehringer Ingelheim \u2014 including for diabetes, hypertension, respiratory diseases, and stroke \u2014 under a new agreement between the two firms, it said in <\/span>a press release (pdf)<\/a><\/span> yesterday. Ibnsina last week inked an <\/span>agreement<\/a><\/span> with Swiss pharma giant Sandoz to distribute its OTC medications in Egypt.<\/span><\/p>\n

REAL ESTATE- <\/span><\/p>\n

NUCA approves support for real estate players:<\/span> The New Urban Communities <\/span>Authority (NUCA) has approved measures <\/span>announced last week<\/a><\/span> by the Madbouly government to help developers weather a tough economy, according to a <\/span>statement<\/a><\/span>. The measures grant developers a 20% deadline extension on their projects, allow them to mark projects as complete earlier in the construction timeline, and reduce the interest rate they pay on installments for state-owned land. <\/span><\/p>\n

TELECOMS-<\/span><\/p>\n

Telecoms regulator reportedly paving the way for WiFi calling services: <\/span>The <\/span>National Telecom Regulatory Authority is working to make WiFi calling services available at some point this year, <\/span>Al Borsa<\/a><\/span> reports, citing unnamed sources. The regulator is in talks with the country\u2019s mobile network operators on how to implement the service, which would allow mobile phone owners to make calls using their WiFi connection. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Ibnsina Pharma to distribute treatments by German pharma giant Boehringer Ingelheim.<\/p>\n","protected":false},"author":1,"featured_media":581088,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[600,111,214,72,1414,7111,378,879,427,83,6507,208],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-581087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-abu-dhabi-ports","tag-also-on-our-radar","tag-cit","tag-enterpriseam","tag-ibnsina-pharma","tag-infrastructure","tag-national-telecom-regulatory-authority","tag-new-urban-communities-authority","tag-pharma","tag-real-estate","tag-suez-port","tag-transport-ministry","wpautop","entry"],"acf":{"mongo_id":"775f4b65-09b5-4424-a7c4-3ea22b1405ad","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/2\/Suez-Port-1600px.jpg","photo_position":"below","homepage_title":"","full_issue_title":"Egyptian government denies rumors of sale of Suez Port\u2019s management rights","related_issue":[581064],"teaser":"Ibnsina Pharma to distribute treatments by German pharma giant Boehringer Ingelheim.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/ej-content-files\/.3cbc0a9c-dcfd-4650-96ba-ae176c6caa4b.mp3"},"yoast_head":"\nNo talks to sell Suez Port management rights to ADP, says TransMin - 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ADP would run the port under a usufruct contract.Third port\u2019s a charm: ADP has\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/165.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584041,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/26\/abu-dhabi-ports-bids-for-state-owned-port-operators-al-mal\/","url_meta":{"origin":581087,"position":1},"title":"Abu Dhabi Ports bids for state-owned port operators -Al Mal","author":"enterpriseam admin","date":"26 March 2023","format":false,"excerpt":"Talks with the Qatar Investment Authority for the companies have stalled","rel":"","context":"In "Privatization"","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/425.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550305,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/qatars-sovereign-fund-is-taking-a-closer-look-at-damietta-port\/","url_meta":{"origin":581087,"position":2},"title":"Qatar\u2019s sovereign fund is taking a closer look at Damietta Port","author":"enterpriseam admin","date":"23 October 2022","format":false,"excerpt":"WATCH THIS SPACE- Qataris eyeing Damietta Port? Representatives from Maha Capital, the investment arm of Qatar Investment Authority (QIA), visited Damietta Port last week, a month after signing an MoU with the Transport Ministry to explore investment in the country\u2019s ports, the Damietta Port Authority said Thursday. Under the agreement,\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578272,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/abu-dhabi-ports-mwani-in-talks-with-govt-to-run-ain-sokhna-safaga-ports-el-wazir-confirms\/","url_meta":{"origin":581087,"position":3},"title":"Abu Dhabi Ports + Mwani in talks with gov\u2019t to run Ain Sokhna, Safaga ports, El Wazir confirms","author":"enterpriseam admin","date":"21 December 2022","format":false,"excerpt":"Abu Dhabi Ports + Qatar\u2019s Mwani have their eyes on our ports: The government is in early-stage negotiations with Abu Dhabi Ports and Qatar Ports Management Company (Mwani) to manage and operate ports in Egypt, Transport Minister Kamel El Wazir told reporters (watch, runtime: 1:44) yesterday. The Gulf logistics companies\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/450.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546187,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/abu-dhabi-ports-to-build-and-run-safaga-terminal-cruise-ship-infrastructure\/","url_meta":{"origin":581087,"position":4},"title":"Abu Dhabi Ports to build and run Safaga terminal, cruise ship infrastructure","author":"enterpriseam admin","date":"8 May 2022","format":false,"excerpt":"Abu Dhabi Ports to develop and run Safaga terminal in JV with state authorities: Abu Dhabi Ports (ADP) has signed a contract to develop, operate and manage a multi-purpose terminal in Safaga Port as part of a joint venture with the Red Sea Ports Authority and the Transport Ministry\u2019s commercial\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/86.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":583647,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/19\/adp-lands-30-year-contract-to-develop-and-operate-safaga-port-terminal\/","url_meta":{"origin":581087,"position":5},"title":"ADP lands 30-year contract to develop and operate Safaga Port terminal","author":"enterpriseam admin","date":"19 March 2023","format":false,"excerpt":"Cement export infrastructure and three cruise terminals are also in the works","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/portsaidterminal-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/581087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=581087"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/581087\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/581064"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/581088"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=581087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=581087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=581087"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=581087"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=581087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}