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Author Archives: enterpriseam admin
Oldest tomb in Luxor opens to visitors
The international press is taking a breather from coverage of the economy, serving up a mixed bag of stories in recent days that spans the gamut from archaeology to slice of life coverage. Oldest tomb in Luxor opens to visitors: The Middle Kingdom tomb of Meru has been restored and is now open to the […]
Three global firms reportedly eyeing contract for Metro Line 1 upgrades
TRANSPORT- Three international companies have their sights set on developing Metro Line 1: Germany’s Siemens and French firms Alstom and Colas submitted separate offers late last year in a government tender to develop Cairo’s oldest metro line, Al Mal reports, citing sources it says are in the know. Italian consulting and transport firm Italferr is […]
More EMs in the devaluation zone + IMF sounds alarm on rising public debt in MENA
Will other emerging markets follow Egypt, Pakistan and Lebanon on the devaluation trail? Analysts now see Argentina, Nigeria, Malawi, Ethiopia and Bangladesh at risk of seeing their currencies tumble on the back of unsustainable debt burdens and FX shortages, Bloombergreports. “Additional devaluations in some of the fragile frontier markets are very likely,” said Wells Fargo […]
Arab League stands with Palestinians amid escalating violence
Arab League condemns Israeli violence in Jerusalem, West Bank: President Abdel Fattah El Sisi, Jordanian King Abdullah II, Palestinian President Mahmoud Abbas, and representatives of other member states in the Arab league met in Cairo yesterday for talks on the escalating violence in the Israel-Palestine conflict, according to an Ittihadiya statement. The leaders reiterated the […]
FEBRUARY 11 February (Saturday): Second semester of 2022-2023 academic year begins for public universities. 12 February (Sunday): The House reconvenes. 13-15 February (Monday-Wednesday): The Egypt Petroleum Show (Egyps), Egypt International Exhibition Center, Cairo. 13-15 (Monday-Wednesday): World Government Summit, Dubai. 19 February (Sunday): Senate reconvenes. 23-27 February (Thursday-Monday): Annual Business Women of Egypt’s Women for Success […]
THIS EVENING: Dana Gas has its eyes on fresh oil + gas tenders, with plans to invest USD 100 mn in Egypt
Good afternoon, ladies and gents. It’s a relatively quiet Monday afternoon, and we’re grateful for this mini-breather. THE BIG STORY TODAY The UAE’s Dana Gas is planning to invest USD 100 mn in Egypt this year and next, CEO Patrick Allman-Ward said on the sidelines of the Egypt Petroleum Show, according to Asharq Business. The […]
Rihanna returns to the stage in Super Bowl halftime + How Louis Vuitton remains inclusive, yet exclusive
Rihanna’s Super Bowl LVII halftime show: Simple yet captivating: Rihanna dominated center field last night for the 13-minute Super Bowl halftime show — marking her first live performance in six years, CNN reports. Running through a selection of hits — We Found Love, Only Girl in the World, Rude Boy, Work, Umbrella, All of the […]