Back to the complete issue
Sunday, 11 October 2020

Egypt’s talk shows: Inauguration of Turathna exhibition, Salah Diab’s release

The airwaves were awash last night with coverage of President Abdel Fattah El Sisi’s inauguration of the Turathna handicraft exhibition, which features 620 artisans and entrepreneurs and more than 45 civil society organizations, Trade and Industry Minister Nevine Gamea told Kelma Akhira’s Lamees El Hadidi (watch, runtime: 8:05). The exhibition also has a pavilion dedicated to the government’s Upper Egypt development program, Local Development Ministry spokesperson Khaled Kassim told Al Hayah Al Youm’s Lobna Assal (watch, runtime: 9:45). Also taking note of the exhibition: Masaa DMC’s Eman El Hosary (watch, runtime: 5:50) and Ala Mas’ouleety’s Ahmed Moussa (watch, runtime: 14:56)

Businessman Salah Diab was released from detention yesterday following his arrest last month on charges he allegedly acquired the EGP 70 mn Queen Wooden Products Factory in 2013 in collusion with officials at the Suez Canal Bank, lawyer Farid El Deeb told Ahmed Moussa. Diab — the founder of Pico Group and Al Masry Al Youm newspaper — has had no connection with the company since 2013 and is therefore not responsible for the company’s alleged misuse of public land and building without licenses, El Deeb said (watch, runtime: 2:56).

GERD breakthrough soon? South Africa is still reviewing Egypt, Ethiopia, and Sudan’s reports on their last round of meetings on the Grand Ethiopian Renaissance Dam (GERD) but the three countries have not ceased diplomatic communication on the issue, Irrigation Ministry spokesperson Mohamed El Sibai told Hadrat Al Mowaten’s Sayed Ali. El Sibai separately noted that the flooding season should come to a close at the end of October, but may continue until mid-November since this year’s flooding was bigger than most years (watch, runtime: 5:27).

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.