Good afternoon folks, and happy last hump day of 2023. As we wrap up the last few days of the year and truly settle into that end-of-year slowdown, getting a newsworthy story is starting to feel akin to pulling teeth.

THE BIG STORY TODAY? It’s really more of what’s going to be a big story tomorrow:

German shipping giant Hapag-Lloyd is going to decide tomorrow whether to follow Maersk’s lead and resume Red Sea transit, Reuters reports, citing a company spokesperson. Hapag-Lloyd is one of many companies that decided in the past week to reroute their vessels away from the Red Sea and Suez Canal as Yemen’s armed Houthi group continued to attack vessels crossing the waterway.

REMEMBER- AP Moller-Maersk, the world’s second-largest shipping line, said earlier this week it will resume operations in the Red Sea after the US-led naval coalition promised to patrol the Red Sea.

THE BIG STORY ABROAD

There has never been a better time to buy a Mac: Taking over the international press is Israel’s agreement with Intel Corp for a USD 3.2 bn grantto build a chip plant worth USD 25 bn in Kiryat Gat. The agreement brings the largest ever company investment in Israel and is a monumental move for Intel (who mostly make chips for Windows processors, among others) which is trying to strengthen its global supply chain and reestablish dominance in the chip industry against competitors like Samsung and Nvidia Corp. The company is intending to build more bn-dollar factories in Europe and the US, specifically Magdeburg, Germany, and Ohio. (Bloomberg | Reuters)

COME WORK FOR OUR ADVISORY ARM- Enterprise Advisory (formerly known as Inktank Communications) is looking for smart, talented people to help us tell the stories of exciting companies. Enterprise Advisory is the region’s leading investor relations advisory company and works on investor and strategic communications issues that take you deep inside the c-suite. Our clients are in Egypt, Saudi Arabia, the UAE, and beyond. Egyptian and foreign nationals alike are welcome to apply, but native-level verbal and written English fluency is a must.

WHO YOU ARE- We're looking for gifted storytellers with a minimum of four years of work experience in investor relations, finance, banking, economics, or a related field to develop cutting-edge products and maintain relationships with a portfolio of clients. Candidates should have a bachelor's degree or higher in finance, accounting, economics, business administration, or a related discipline. We're looking for someone whose passion for storytelling is matched with strong analytical and problem-solving skills, as well as the ability to interpret and present financial data — with a keen eye for details and accuracy.

INTERESTED IN APPLYING? To apply for the position, drop us a line at jobs@enterprisemea.com and mention “Enterprise Advisory” in your subject line. Please send a solid cover letter telling us a bit about who you are and why you’re a good fit for our team. We want to see your CV, but the most important thing is a cover letter that makes us want to pick up the phone and give you a call.

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

⛅ TOMORROW’S WEATHER- Expectanother cloudy day with some sunny spells starting with a low of 13°C in the early morning and going up to 23°C at midday. The evening will bring in cooler climes at 14°C at night, according to our favorite weather app.

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