Good afternoon, wonderful people. We have a relatively calm almost-THURSDAY here in Omm El Donia — and no sandstorm to speak of.

THE BIG STORY TODAY

Is the QIA looking to fully acquire Vodafone Egypt? The Qatar Investment Authority (QIA) is reportedly looking to acquire state-owned Telecom Egypt’s entire 45% stake in Vodafone Egypt, with plans to follow that acquisition with the purchase of the remaining 55% stake held by South Africa’s Vodacom, Daily News Egyptreports, citing sources it says are close to the negotiations. The Qatari sovereign wealth fund could settle for the purchase of part of Telecom Egypt’s stake in Vodafone Egypt to get its foot in the door before entering negotiations with Vodacom, the sources allegedly said.

THE BIG STORY ABROAD

Leading the conversation in the international press this afternoon: Ukrainians escaping mass flooding after the destruction of a major dam. Deemed a humanitarian and ecological crisis, the destruction of the dam in Kherson has forced thousands to evacuate flooded towns while hundreds of residents are still trapped and awaiting rescue. Both sides still blame each other as Kyiv assumes that this was a move to stall their southern counter-offensive. Meanwhile, the Kremlin believes that it was self-sabotage that aimed to cripple the water supply to the Russian-occupied Crimea region. CNBC | BBC | Reuters | Associated Press | New York Times


** CATCH UP QUICK on the top stories from today’s EnterpriseAM:

ENTERPRISE IS LOOKING FOR SMART, TALENTED PEOPLE of all backgrounds to help us build some very cool new things. Enterprise — the essential morning read on all the important news shaping business and the economy in Egypt and the region — is looking for writers, reporters and editors to help us build out new publications. Today, we run four daily Egypt and MENA-focused publications, five weekly industry verticals, and a weekend lifestyle edition designed to make our readers feel just a bit smarter.

We have tons more in the pipeline — come help us build new publications. We offer the chance to work in a fast-paced newsroom on a broad range of topics and in a variety of formats. Our goal is simple: To create value for our growing community of >250k daily readers by telling stories that matter.

Journalists looking to explore business, finance and economic stories are welcome. So are recent journalism school graduates.

That said, we’re looking for gifted story-tellers from all walks of life and across all professions, as long as they show a keen interest in learning to write about the stories, topics, businesses, and figures moving markets. Egyptian and foreign nationals alike are welcome to apply. So are job-switchers: If you’re an equities analyst tired of the rat race, we’re a great place to come work.

NEVER WORKED IN A NEWSROOM BEFORE? We have the Enterprise Business Writing Development Program. Whether you are a recent graduate, an industry vet, or looking to switch careers, the Enterprise Business Writing Development Program will give you the tools you need to tell the most important stories to our audience of C-suite officials, government ministers, diplomats, financiers, investors and entrepreneurs.

During the program you will learn:

  • The key news stories and trends shaping business and the economy in Egypt and the region, across various sectors;
  • Business and finance for non-finance people: Whether it’s industry jargon or key concepts or simply how to read a balance sheet;
  • How to construct an Enterprise story: From idea formulation down to the structure, style and tone of writing;
  • How to develop sources that will give you the key insights needed to tell a complete story;
  • How to communicate these stories with the confidence and language of an insider.

Not an internship program — a career: The three-month program will see full-time, paid participants take part in workshops and lectures from veteran business journalists, while also working on and filing stories that will run on any of our publications. Those who have successfully completed the program, will then be given long-term job offers.

Apply directly to jobs@enterprisemea.com and mention “writing development program” in your subject line.


☁️ TOMORROW’S WEATHER- Are we getting a sandstorm? Nobody really knows: The Meteorological Authority had said earlier this week that a sandstorm would hit the capital city today and tomorrow, although we haven’t seen signs of that materializing today. Meanwhile, our favorite weather app suggests tomorrow will bring cloudy skies with the mercury rising to an uncomfortable 41°C and dropping to a cooler 26°C at night, our favorite weather app tells us.