? UNDER THE LAMPLIGHT- Meet the French archaeologist who took up a struggle against Gamal Abdel Nasser and Charles de Gaulle to prevent the Aswan High Dam from destroying Egyptian antiquities. In Empress of the Nile, we’re introduced toChristiane Desroches Noblecourt, an archaeologist who shattered the glass ceiling of the male-dominated field of Egyptology. She […]
Author Archives: enterpriseam admin
What the markets are doing on 2 March, 2023
Ibnsina Pharma’s net income dropped 45.2% y-o-y to EGP 172.6 mn in 2022, according to the company’s earnings release (pdf). Revenues, meanwhile, inched up 2.4% to EGP 22.3 bn, driven by increases in the average selling price. On a 4Q basis, net income dipped 26.7% to EGP 53.2 mn, while revenues rose 7.9% to EGP […]
The US wants to reshape the global semiconductor industry in its favor
The US wants to beat China on chips: Rising geopolitical tensions with China have the US scrambling to onshore the manufacture of more parts and products. Nowhere is that more apparent than with semiconductors, or chips, which are a key component of everything from cars to computers, smartphones, appliances, and medical equipment. Asia dominates global […]
MARCH 23 February-11 March (Monday-Saturday): Diarna Exhibition, Cairo Festival City Mall, New Cairo. 28 February-4 March (Tuesday-Saturday): Film O’Clock International Film Festival, Zawya Cinema, Downtown Cairo. 3 March (Friday): Sharmoofers Caravan Concert at 8pm, Zed Park, Sheikh Zayed. 3 March (Friday): Mahmoud Saad and Amir Eid Interview + Amir Eid Acoustic Night, El Falaki Theater, […]
Cabinet’s Qatar trip ends without a blockbuster investment announcement
Good morning, friends, and welcome to the first day of March, where we have a ton of news for you on everything from FDI to a big boost for our burgeoning domestic smartphone assembly industry. (Yes, smartphone assembly — the industry is mushrooming, and the House of Representatives just slashed duties in a move that […]
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Madbouly reassures Qatari investors on economy in bid to draw investment
Egyptian officials yesterday sought to reassure Qatari business leaders on the state of the Egyptian economy in a bid to unlock fresh Qatari investment. Prime Minister Moustafa Madbouly said during talks in Doha that Egypt is on its way out of its economic crisis and that the currency of the past year is almost at […]
Make it easier for us to do business, private-sector leaders tell cabinet at roundtable
What it takes to boost investment in Egypt, according to business leaders: Establishing a higher investment council, ramping up investment incentives, and delivering a stable regulatory environment were among the recommendations suggested by industry players and outside experts at a roundtable discussion organized by the Cabinet Information and Decision Support Center (IDSC) yesterday, according to […]
Egypt’s burgeoning smartphone assembly industry just got a boost
Customs duties and development fees will be slashed on imported mobile phone components.