Happy almost-THURSDAY, wonderful people. We’re nearing the end of the last full workweek of the month, with the news cycle picking up steam here at home.

THE BIG STORY TODAY

SCA to IPO 20% of Canal Mooring and Lights: The Suez Canal Authority’s (SCA) Canal Company for Mooring and Lights (CCML) is set to sell a 20% stake in an IPO on the EGX, SCA boss Osama Rabie said at a presser today, according to Amwal Al Ghad. The company will be transferred to the newly established holding company that will obtain ownership of some SCA companies earmarked for privatization.

THE BIG STORIES ABROAD

#1- Another ceasefire didn’t hold in Sudan: Warring factions in Sudan clashed this morning in cities around the Nile banks, marking the latest ceasefire that quickly fell apart, Reuters reports, citing eyewitnesses. Several ceasefire violations have occurred since the fighting broke out between the Sudanese Army and the paramilitary Rapid Support Forces (RSF) in mid-April. Before the Saudi-US brokered ceasefire agreed upon in the Jeddah talks expired, airstrikes and ground fighting was reported in Khartoum, Bahri, and Omdurman. Meanwhile, a third party rebel force reportedly started clashes near an army camp in South Kordofan.

#2- An aircraft has detected underwater noises suspected to be coming from the Titan, the lost submarine that was set to explore the Titanic shipwreck, the Canadian Coast Guard said today. The submarine that went missing on Sunday, contains four people who have ignored experts’ warnings about the safety of the Titan’s design. Rescue teams as well as American and Canadian aircrafts continue to race with the clock as they hunt for the vessel that runs out of oxygen tomorrow. The story is getting attention in the Financial Times, the Wall StreetJournal, and Reuters.

HAPPENING NOW- President Abdel Fattah El Sisi is in Paris today to attend the NewGlobal Financing Summit, according to an Ittihadiya statement. During the two-day summit, which kicks off tomorrow and wraps on Saturday, world leaders will convene to discuss global economic headwinds, especially those weighing down on emerging countries’ economies, and move towards a “more responsive, fairer and more inclusive international financial system to fight inequalities and finance the climate transition.”

HAPPENING TOMORROW- The National Dialogue will wrap the week tomorrowby discussing the threats posed to society and families by domestic violence and “online dangers” and ways to maximize the benefits of cultural institutions in the country.

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:

CIRCLE YOUR CALENDAR-

Smart Green Projects 2.0 application deadline pushed again: The application deadline for the second iteration of the Smart Green Projects initiative has once again been extended until the end of July. Eligible projects must use tech solutions to address environmental issues, present evidence of feasibility or innovation, and provide a written acknowledgement that no awards have been received during the first round of the initiative, among other requirements. Eligible projects can apply here.

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- We’re getting a sunny start to our weekend tomorrow with a high of 35°C that will dip to a cooler 22°C in the evening, our favorite weather app tells us.

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