Category: EGYPT

News about Egypt

  • On Cue With Elon Musk, A Solar Power Company Blooms In The Egyptian Desert

    On Cue With Elon Musk, A Solar Power Company Blooms In The Egyptian Desert

    CAIRO—About a half-million solar panels were installed every day around the world last year, according to the International Energy Agency. Costs for solar photovoltaics are expected to drop by 25% by 2020, making solar — already competitive — cheaper than other forms of energy in many cases.

    Smart entrepreneurs will get ahead of that curve. In Cairo, I met the CEO and chief architect of a company, Karm Solar, that has been in the forefront of solar since 2011 — back when solar was in the doldrums. I first read about Karm Solar in Startup Rising, a book by U.S.-based venture investor Christopher M. Schroeder.

    Karm Solar has come a long way since then. Now that the company has recurring revenue that comes from its construction of solar power stations and sale of the power, Ahmed Zahran said he expects the company to be profitable this year. It’s the only company in Egypt with a license to do those installations; Karm then sells power to businesses. It also leases solar power installations, working with EFF Hermes Leasing to set up financing for customers.

    Karm Solar, which now has 52 employees, aims to raise $70 million from institutional investors this year. It’s a model of one method of scaling up: by diversification.

    Back in 2011, Ahmed Zahran, 36, couldn’t get his employer to invest in his idea for solar-powered water pumps. They seemed a no-brainer to him in the Egyptian desert, where there is a lot of water under the ground and plenty of sunshine on top of it.

    So he and about half a dozen co-founders, raised money from 20 angels, in increments ranging from $10,000 to $1 million. They looked for people who could give them advice as well as cash.

    “There is a gold mine of young professionals here,” said Zahran.

    The upshot of the advice and cash is that Karm Solar is now building a company for the long term, one that focuses on innovations and technology in the solar market. “In Germany, you have Siemens, in the United States your have General Electric, developing technologies, developing infrastructure,” he said.

    (www.forbes.com)

  • Critical film unnerves Egypt’s religious scholars

    Critical film unnerves Egypt’s religious scholars

    Egypt’s religious scholars are up in arms over a new film that takes on the nation’s sheikhs and mosque preachers.

    The film, called “Mawlana” (“Preacher”), has been screened at cinemas nationwide since Jan. 4. It has stirred up controversy among Islamic scholars who accuse its makers of tarnishing their reputation and call for it to be pulled from theaters.

    “Works that address religious texts should be reviewed by religious institutions before being made into films,”Shoukri el-Guindi, a member of the parliament’s Religious Affairs Committee, wrote on Facebook. “Inside these institutions, there are wise people who love their religion and their homeland, not ones who only follow their personal interests.”

    He said religious scholars should not be turned into film characters and that their sanctity must be respected, asking, “Will the public follow these religious scholars if they are portrayed as lustful figures … and hypocrites?”

    Starring Amr Saad and Dorra Zarrouk, the film tells the story of a mosque imam who becomes a celebrity TV host who issues fatwas followed by millions of people. The imam receives questions from his viewers during the show and then answers them in an eloquent but sarcastic manner. He ridicules a number of the fatwas issued in real life by a large number of Egypt’s Salafist preachers, especially during the yearlong rule of Islamist President Mohammed Morsi.

    The filmmakers say it tells the story of Egypt’s 120,000 mosque imams. The work is based on a novel written by Ibrahim Essa, a journalist and TV host who recently ran afoul of the government for his continual criticism. The novel, also called “Mawlana,” was shortlisted for the International Prize for Arabic Fiction, the “Arabic Booker,” in 2012.

    The film is being screened at more than 60 movie theaters across Egypt. So far, it has taken in 6 million Egyptian pounds ($318,000).

    However, some people say the film aims to strip reverence and respect from Islamic scholars.

    “It is made with the sole aim of removing this reverence and respect from the scholars of Al-Azhar,” Mansour Mandour, a senior official from the Religious Endowments Ministry, which controls the nation’s mosques, wrote on Facebook. Nonetheless, Mandour added, the film shows how security agencies tried to control some sheikhs and used their vulnerabilities to force them to serve their interests during the reign of former President Hosni Mubarak.

    The film coincides with calls for Al-Azhar and other Egyptian religious institutions to spearhead the reform of religious discourse, made in the past two years by President Abdel Fattah al-Sisi, who believes that the move will help his country fight religious extremism and terrorism.

    “Renewing religious discourse must, however, preserve the values of true Islam, but also eliminate sectarianism and address extremism and militancy,” Sisi said in a 2015 speech at Al-Azhar.

    A large number of nationally minded writers have joined him. Some of these writers tend to criticize Al-Azhar’s curricula, accusing it of nurturing extremism.

    Essa is one of these writers. He believes that reform should not be the job of Al-Azhar alone, but of all Egyptians, including the intellectuals.

    Essa is out of the TV business now after his show was banned. Some people say he paid dearly for speaking out.

    “Mawlana,” he said, brings to light the contradictions in the mosque-preaching business.

    The film’s director Magdi Ahmed Ali said most of those who criticized the film were motivated by their hatred of Essa, not by faults they found in the film. “I didn’t find any real criticism of the film,” Ali told Al-Monitor. “I only heard views critical of Essa himself and his views.” He said some people had criticized the film without even watching it.

    The film, Ali said, sheds light on extremism and tries to show a lack of connection between it and the Islamic religion itself. He described this extremism as a “real danger” facing Egyptian society. “The film also shows that religion is sometimes misused by politicians,” Ali said. “Anyway, the people who watched the film understand its message.”

    Ali, who also wrote its script, reported receiving phone calls from a large number of the nation’s well-known preachers to congratulate him on the film’s success.

    Leading film critic Magda Khiralla praised “Mawlana,” saying it should be viewed as a work of art, not as a platform for issuing fatwas.

    “The film only talks about moderate Islam through the character of a young yet open-minded sheikh who tries to shatter misconceptions about the Islamic religion through logical dialogue,” she told Al-Monitor. “Controversy over the film is expected only from those who view themselves as angels and persons without fault.”

    (CENTRE for RELIGIOUS PLURALISM in the MIDDLE EAST)

  • Egyptian Omar Samra Becomes First in the World to Climb Three Mountains in Antarctica

    Egyptian Omar Samra Becomes First in the World to Climb Three Mountains in Antarctica

    Egyptian adventure icon and mountaineer Omar Samra fulfilled a personal dream of his after climbing three mountains in Antarctica that had never before been ascended.

    “It has always been a dream of mine to climb a mountain that has never been climbed before. And doing so in remote Antarctica was an even greater privilege,” wrote Samra, the first Egyptian to climb Mt. Everest, on Instagram.

    “In the end I exceeded my own wildest expectations by doing three first ascents and six new routes.”

    However, that was not all. Samra was then given the honor to name all three of what he called “beautiful peaks standing tall and untouched, side by side, for millions of years”.

    The three peaks were named Mount Teela (at 1,661 metres), Mount Marwa (at 1,729 metres), and Mount Samra (1,790 metres). Mount Marwa is named after his late wife who passed away after giving birth to their daughter, Teela.

    “To me they represent the eternal, grace and purity,” explains Samra. “[F]or this reason I decided to name them Mount Samra, Mount Marwa and Mount Teela, after my family name and the two greatest loves of my life. May we always be together.”

    (egyptianstreets.com)

  • How ‘Careem’ Hopes to Unite Egyptians After Cairo Cathedral Terror Attack

    How ‘Careem’ Hopes to Unite Egyptians After Cairo Cathedral Terror Attack

    As a wave of sorrow and despair overtook the nation last week after a bomb was set off inside the St. Mark’s Cathedral in Cairo, many were wondering how they can help. Unfortunately, many of these thoughts were ultimately ephemeral. However, for Wael Fakharany, Managing Director of the car service application Careem, the thought of helping actually materialized into something real.

    Fakharany set up an urgent meeting with the highest ranking Coptic figure in Egypt: Pope Tawadros II. According to an article written by Fakharany himself, Careem is launching a very simple initiative. The transportation network company is going to donate one Egyptian Pound from every Careem ride in the entirety of Egypt to a collective fund aimed at aiding the families of those who were injured or deceased as a result of the attack.

    The latest initiative by Careem comes after it had decided to offer free rides to anyone travelling to a hospital to donate blood for the victims of the deadly terrorist attack.

    For Careem, free rides for blood donation, which Uber also provided afterwards, was not enough.

    “We felt we were in a position to do more. We felt like we had access to tools that would enable us to do more than just give our blood,” explains Fakharany in his blog post on Medium, adding that he managed to set up a one-on-one meeting with the head of the Coptic Orthodox Church.

    “We wanted to use the tool we had at our disposal — Careem — in order to provide an umbrella and a banner under which Egyptians could unite and come together as one nation to help out,” explains Fakharany, continuing that the simple act could raise millions of Egyptian Pounds.

    “Pope Tawadros II blessed my proposition and told me that we had his full support to go forward with what I had proposed to him,” writes Fakharany.

    “I want every Egyptian to help us in this very simple way. Just ride a Careem between now and December 31st.”

    Now as much as this initiative raises the question of whether the Fakharany-led Careem is launching this initiative to increase ridership and profits or not, we must acknowledge one thing: Fakharany and Careem are using the platform they have to make a difference. This initiative, regardless of all other aspects, epitomizes a company using the tools at its disposal to give back to the community and to encourage unity in a time of disunity; this initiative is what corporate social responsibility means.

    Regardless of Careem and its initiative, the private sector in Egypt has the power to make a difference. This is especially the case when one takes into consideration that Egypt is a developing country that is, without a doubt, in need of all the social benefits that the private sector can provide the community with.

    In a time of political, economic and social distress, will the private sector follow in Careem’s footsteps and make use of its platform to help our country, or not?

    (www.crpme.gr)