Back to the complete issue
Sunday, 18 August 2019

El Sisi inaugurates new greenhouses, Mamish exists SCZone

A pretty bland night on Egypt’s airwaves. The story of the night was the inauguration of phase two of a project to build 100k greenhouses on the Cairo-Alamein road. Construction and housing, and Mohab Mamish’s departure as Suez Canal boss also got some airtime.

El Sisi inaugurates phase two of “100k greenhouse project”: President Abdel Fattah El Sisi inaugurated 1.3k greenhouses built over a 10k feddan area as part of the second phase of a project in the Mohamed Naguib military base on the Cairo-Alamein road, Al Hayah Al Youm’s Lobna Assal reported (watch, runtime: 6:10). The “100k greenhouse project,” Assal says, is the largest of its kind in the Middle East, and is enough to provide food for 20 mn people. The project’s second phase is expected to yield 184k tonnes of state-produced vegetables a year, according to a report by Mubasher.

The president wants to personally ensure King Mariout landowners go legal: El Hekaya’s Amr Adib took note of El Sisi’s request during the inauguration to personally review and resolve case files regarding building code violations by landowners in an area known for second homes owned by the rich on the outskirts of Alexandria (watch, runtime: 5:27).

Housing prices also get some airtime: The Housing Ministry now has a comprehensive list of house prices in new urban areas, ranging from social housing to medium-level and distinctive medium housing, to lofty towers in New Alamein and the administrative capital, Assistant Housing Minister Walid Abbas told Hona Al Asema’s Reham Ibrahim in an interview (watch, runtime: 1:43).

TV host waves goodbye to Mohab Mamish: Assal took note of El Sisi tapping Lieutenant General Osama Rabie as the Suez Canal Authority’s new chairman (watch, runtime: 1:20). We have the story in this morning’s Speed Round, below.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.