Back to the complete issue
Sunday, 27 June 2021

At least 4 dead in Alexandria building collapse

At least four women were killed and another four were injured when a five-story residential building collapsed at the weekend in Alexandria, reports Ahram Gate. As many as four victims have so far been pulled alive from the rubble of the building, which Alexandria’s mayor Ragab Al Naqidi said was illegally constructed. The Prosecutor general’s office is also investigating the accident. The story is getting attention in the international press: Associated Press | AFP.

Other things we’re keeping an eye on this morning:

  • Egypt could launch in the next month a new USD 100 mn airline in Ghana that will be 75% owned by state-run national carrier EgyptAir and 25% by Ghana Airlines.
  • Smuggled antiquities: The Egyptian embassy in London has repatriated three smuggled ancient artifacts, dating back to the Pharaonic and Greek eras, before their sale in an auction in London.

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 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; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.