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Egypt and Iran on the path to normalized diplomatic ties
Author Archives: enterpriseam admin
Posted inStartup watch
Venture debt funding for local startups drop 86% in 2023
The country witnessed two venture debt transactions during the year
Posted inMoves
Ashmawy resigns from Supply Ministry
Ashmawy is also stepping down from his roles as head of the EMX and ITDA
Posted inLAST NIGHT’S TALK SHOWS
On power cuts and hot chicken
It was quieter than usual on the airwaves last night, with the nation's talking heads continuing their coverage of the extended electricity blackout on Tuesday. Some reassurance from the Electricity Ministry: Ministry spokesman Ayman Hamza joined Yahduth Fi Masr (watch, runtime: 9:01) to calm fears that the extended three-hour power cuts are here to stay. […]
Posted inEGYPT IN THE NEWS
Subsidized bread hikes under the spotlight
The Reuters take on bread subsidy cuts: Reuters is out with two pieces diving into the nitty-gritty of last week’s hike to the price of subsidized bread. The first piece details the reaction of already struggling Egyptians to the 300% hike, meanwhile the second piece breaks down Egypt’s consumption of bread and imported wheat and […]
Posted inAlso on our Radar
The Supply Ministry wants less imported wheat and more local wheat. PLUS: News from HSBC and Mountain View
The government is paying farmers EGP 2k per ardeb of wheat this harvest season
Posted inPLANET FINANCE
Today’s rate cuts could revive the EU’s economy, but the path forward is murky
Some wonder whether it would be a mistake for the ECB to diverge from the US Federal Reserve for the first time in five years
Posted inMy Morning Routine
My Morning Routine: Yasser Hashem, managing partner of Zaki Hashem
We were founded in 1953 by my father and celebrated 70 years last year
Posted inCALENDAR
2024 JUNE 10 June (Monday): CBE and Capmas to publish inflation data for May. 15-19 June (Saturday-Wednesday): Eid El Adha (TBC) (national holiday). 29-30 June (Saturday-Sunday): EU-Egypt Investment Conference. 30 June (Sunday): June 30 Revolution Day (national holiday). JULY 2-3 July (Tuesday-Wednesday): Aswan Forum for Sustainable Peace and Development, Cairo, Egypt. 7 July (Sunday): National […]