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Author Archives: enterpriseam admin
The int’l press took a look at barriers preventing Egyptian women from entering the workforce this International Women’s Day
Women at work: The Wall Street Journal took a look at the impact of low levels of female employment on Egypt's economy, despite progress equalizing education opportunities. Barriers to women’s entry into the workforce is “grounded in a specific idea of male dignity,” the WSJ writes, yet their addition to the labor market could see […]
Al Ahly CIRA’s Saxony Egypt will open its doors in September. PLUS: News from the House, NTRA, and FRA
Saxony Egypt will offer two-year diplomas and four-year bachelor’s degrees and is expected to begin operations with six programs
ECB, Fed hint at upcoming rate cuts
ECB hints at June rate cut: The European Central Bank (ECB) maintained borrowing costs at historically high levels when it met on Thursday but hinted at a shift, with a first interest rate cut potentially coming in June following the publication of 1Q 2024’s wage data, Reuters reports. “We will know a little more in […]
Shoukry, Egyptian delegation talk economic cooperation in Kenya
The foreign minister was joined by representatives from over 25 Egyptian companies
2024 MARCH 11 March (Monday): First day of Ramadan (TBC). 20 March (Wednesday): End of sugar export ban. 28 March (Thursday): Central Bank of Egypt’s Monetary Policy Committee meeting. 28 March (Thursday): Industrial Development Authority to close applications for 1 mn sqm of land in 10 different governorates. 29 March (Friday): Egypt removed from JPMorgan […]
THIS EVENING: Are we getting c. USD 3 bn from the World Bank?
Good afternoon, ladies and gentlemen. We’re guzzling coffee while we still can during daylight hours as we gear up for the start of Ramadan this evening or tomorrow evening. THE BIG STORY TODAY- World Bank to funnel c. USD 3 bn into the state’s coffers: The World Bank is expected to extend around USD 3 […]
Leave your swimsuits behind — it’s time for a “coolcation”
Countries in the northern hemisphere are getting more footfall as conventional summer destinations get too hot as a result of climate change