Good afternoon, friends, and welcome to a special Sunday. While Egypt may not formally recognize the occasion, today is Father’s Day pretty much everywhere else in the world. We sincerely hope all the dads out there get a call, a hug, or some Millennial Dad goodies.

THE BIG STORY TODAY

Gov’t taps IFC to advise on state privatization program: International Cooperation Minister Rania Al Mashat signed a transaction advisory services agreement with International Finance Corporation (IFC) Managing Director Makhtar Diop that will see the IFC act as an advisor on the state privatization program. Under the agreement, which Al Mashat and Diop signed at an event Enterprise attended, the IFC will offer “technical assistance and advisory support to develop a strategy and implementation plan,” and assist in the process of preparing assets to be sold.

Diop meets El Sisi, Al Mashat: Diop also sat down with President Abdel Fattah El Sisi and Al Mashat to discuss the implementation of the state privatization program, according to an Ittihadiya statement.

THE BIG STORY ABROAD-

The foreign press is yet to shift its attention from Blinken’s visit to China: US Secretary of State Antony Blinken kicked off his two-day diplomatic talks in China earlier today, having already met with Chinese Foreign Minister Qin Gang. Blinken’s visit marks the first top American diplomat to visit the country in five years and comes amid high tension between the two sides. Blinken will also meet with China’s top diplomat Wang Yi and could possibly hold talks with President Xi Jinping as well. (Reuters | Bloomberg| AP| BBC| CNN | CNBC)

The Enterprise Finance Forum is our flagship gathering — the one so many of you have been waiting for. The two-day event takes place this September and will be the latest in our must-attend series of invitation-only, C-suite-level gatherings. Stay tuned for more information on the location.

TAP OR CLICK HERE if you want to express interest in attending. We’ll be sending out the first batch of invitations just after the 30 June holiday.

Do you want to become a commercial partner? Email mtaalab@enterpriseadvisory.com.

STAY TUNED for more detail about our exciting agenda in the weeks to come.


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

enterprise

*** It’s Inside Industry day —your weekly briefing of all things industrial in Egypt. Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.

In today’s issue: We gauge the business community’s reception of the package of investment decisions the Madbouly government’s Supreme Investment Council announced last month, and how these reforms are expected to impact industry.

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- Expect a sunny day with the mercury rising to 34°C and dipping to a cooler 22°C at night, our favorite weather app tells us.