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Telecoms providers face higher fines over service failures: The National Telecommunications Regulatory Authority (NTRA) has ordered the four telecom providers — Telecom Egypt, Orange Egypt, Etisalat Egypt, and Vodafone Egypt — pay a combined EGP 35.7 mn in fines for failing to meet standards, according to the regulator’s biannual complaints report. That’s nearly triple the […]
Author Archives: enterpriseam admin
Posted inKudos
British Council announces Egyptian winners of the 2023 UK Alumni awards
Tub-tubs for exceptional alumni of UK universities: The British Council has awarded its Study UK Alumni Awards 2022-23 to four Egyptian alumni of British universities “for their outstanding achievements as business professionals, entrepreneurs, and community leaders,” according to an emailed statement. Twelve alumni were shortlisted for the award. The final four will now be put […]
Posted inLAST NIGHT’S TALK SHOWS
Food prices dominate the conversation on the talk shows
Last Night’s Talk Shows: Commodities and food prices were the main topic of conversation on the airwaves last night, while the country’s maiden sukuk issuance continued getting attention and Masa’a DMC’s Ramy Radwan did his best to make us all feel better about the current economic situation. Contract farming and food prices led the conversation […]
Posted inAlso on our Radar
Gov’t to offer guaranteed prices for farmers. PLUS: News from Qatari Diar.
COMMODITIES- Farmers to sell corn, soy and sunflower to gov’t at guaranteed prices: Ministers approved yesterday setting price floors for corn, soybean and sunflower crops sold by farmers to the government, cabinet said in a statement. Following the decision, GASC will purchase soybeans at a minimum price of EGP 18k per ton and sunflower crops […]
Posted inPLANET FINANCE
Fed could hike interest rates for longer to curb inflation
Fed could keep raising rates for longer: Federal Reserve officials could decide to keep raising interest rates for longer due to the unexpected strength of the US economy, minutes (pdf) from the central bank’s last policy meeting indicated yesterday. The vast majority of officials were on board with lowering the increase to 25 bps last […]
Posted inDiplomacy
Israeli raid in Nablus kills 11
Egypt condemns Israeli raid in Nablus which kills 11: Egypt’s Foreign Ministry has denounced a raid by Israeli forces in the Palestinian city of Nablus that killed at least 11 Palestinians and wounded more than 100 others. The ministry expressed “deep concern about the ongoing and dangerous escalation” in the West Bank “which undermines efforts […]
Posted inMy Morning Routine
My Morning Routine: Lamyaa Gadelhak, partner at Baker Mckenzie
Lamyaa Gadelhak, partner at Baker Mckenzie: Each week, My Morning Routine looks at how a successful member of the community starts their day — and then throws in a couple of random business questions just for fun. Speaking to us this week is Lamyaa Gadelhak, partner at Baker Mckenzie (LinkedIn). Edited excerpts from our conversation: […]