THIS EVENING: Taqa Arabia’s EGX debut slated for Sunday

Happy THURSDAY, wonderful people. We end this abridged week on a relatively calm note — save for news of some fresh paper on the bourse.

THE BIG STORY TODAY

Trading on Taqa Arabia shares on the EGX will begin on Sunday under the ticker TAQA.CA, according to an EGX news bulletin. The Qalaa Holdings subsidiary received the green light for trading to begin from the Financial Regulatory Authority, according to a separate statement (pdf) from the regulator.

THE BIG STORY ABROAD

Prigozhin in Russia? Leader of the Russian mercenary Wagner Group Yevgeny Prigozhin is no longer in Belarus and may be in St Petersburg or Moscow, Belarusian President Alexander Lukashenko said. Prigozhin agreed to move to Belarus as part of an agreement with Russian President Vladimir Putin after the Wagner Group’s aborted coup attempton Moscow. The story is getting widespread coverage this afternoon: Reuters | BBC| Bloomberg| Washington Post

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

• FDI was the unofficial theme at yesterday’s cabinet meeting, with the Madbouly cabinet following up on several decisions aimed at improving the investment climate and boosting inflows.
• House committees approve bills aimed at boosting private-sector investment: The House Economic Affairs Committee yesterday approved amendments to the Investment Lawaimed at expanding incentives, while the Budget and Planning Committee approved a draft bill reinstating taxes on state entities.
• Scatec yesterday signed a land allocation agreement with the Electricity Ministry for a planned 5-GW wind farm in Sohag governorate.

MARK YOUR CALENDARS- The Enterprise Finance Forum is taking place on 18-19 September at the St. Regis Hotel in Cairo. This flagship forum is the latest in our must-attend series of invitation-only, C-suite-level gatherings that allow senior members of our community to openly and frankly discuss critical issues in key sectors of the economy.

Day one is our Banking Forum, where we’ll dive deep into topics of interest to commercial and investment bankers, from an outlook on the 12 months to come in M&A, IPO, and debt capital markets to the national, regional, and global trends that are (re)shaping our industry.

Day two is all about Fintech and Non-Banking Financial Services. We’ll take a deep dive into everything from the magic of client acquisition to the prospects of consolidation and the coming of challenger banks.

** NEW: MORE NETWORKING TIME- Our agenda includes expanded networking time, including an expanded coffee break and a post-event networking room for you to interact with your peers and speak one-on-one with the team at Enterprise.

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

Do you want to become a commercial partner? Ping a note to Moustafa Taalab, our head of commercial, or fill out this form and we’ll be in touch.

STAY TUNED for more detail about our agenda.

DID YOU MISS THE ENTERPRISE EXPORTS AND FDI FORUM? Tune in to the Enterprise Podcast and listen for yourself: The Enterprise Podcast is back with another installment of our forum series, where we bring you audio recordings of what was said on stage at the Enterprise Exports and FDI Forum,which took place in May.

IN THIS WEEK’S EPISODE- We looked at how Egyptian companies can identify and pitch foreign partners and how they can identify them. We asked how do companies figure out what they’re looking for — and whether that dovetails with what they want or need. We were joined on that panel by Hossam Abou Moussa, partner at PE firm Apis, Cheick-Oumar Sylla, director for North Africa and Horn of Africa at the International Finance Corporation, and Hassan Massoud, associate director and head of private equity (Southern Mediterranean) at the European Bank for Reconstruction and Development.

Expect us to drop an episode every Sunday morning. You can listen to the Enterprise Podcast where ever you get your podcasts including: Apple Podcast | Spotify | Google Podcast | Anghami.

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.

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.

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 on subject matter knowledge, while also working on constructing and filing Enterprise 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- The hot weather continues as the temperatures will be rising to 38°C and dipping to a fair 24°C at night, according to our favorite weather app.