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FEBRUARY 26 January-6 February (Thursday-Monday): Cairo International Book Fair, Egypt International Exhibition Center. 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. 23-27 February (Thursday-Monday): Annual Business Women of Egypt’s Women for […]
Author Archives: enterpriseam admin
Posted inWhat We're Tracking Today
THIS MORNING: A big week for privatization + It’s PMI day
Is this the week? Prime Minister Moustafa Madbouly is expected to reveal the list of at least 20 state-owned companies that the government plans to offer stakes in this year. At a presser last week, the PM said he would announce the details of the government’s privatization program following the weekly cabinet meeting on Wednesday. […]
Posted inUncategorized
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Posted inEconomy
CBE keeps rates on hold in surprise move
CBE unexpectedly holds interest rates steady in its first meeting of the year: The Central Bank of Egypt (CBE) left interest rates unchanged on Thursday, defying expectations of a third consecutive hike. The Monetary Policy Committee (MPC) left the deposit rate at 16.25%, the lending rate at 17.25%, and the main operation and disc. rates […]
Posted inEconomy
Current account deficit narrows 20% in 1Q 2022-23
Higher FDI, exports and tourism revenues are easing balance of payments pressures.
Posted inEducation
Gov’t to launch in-school tutoring in bid to compete with private tutors
Govt lays out the details of in-school tutoring scheme: The Education Ministry will launch an in-school tutoring scheme across all governorates at the start of the second semester of the academic year next week, Education Minister Reda Hegazy told reporters on Thursday, according to a ministry statement. The move comes as the ministry looks to […]
Posted inMoves
Amr El Shafei appointed Emirates NBD Egypt CEO
Emirates NBD Egypt has appointed Amr El Shafei (LinkedIn) as its new CEO, replacing Mohamed Berro. El Shafei served as executive vice chairman of Banque du Caire from 2018 until 2021, after an 18-month stint as group head of corporate banking, debt, and structured finance at the National Bank of Egypt. Prior to that, he […]
Posted inLAST NIGHT’S TALK SHOWS
Former FM Sherif Ismail passing dominates talk shows
Sherif Ismail’s passing topped the agenda on the airwaves last night: Most of the nation’s talking heads dedicated segments to remembering former PM Sherif Ismail, who passed away yesterday following a battle with illness. Ismail, who had a three-year tenure as PM between 2015 and 2018, was praised by the media: Ala Mas’ouleety’s Ahmed Moussa […]