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Author Archives: enterpriseam admin
What wheat is to bread, corn is to chickens
Commodities once again took center stage on last night’s talk shows as the pundits parsed Prime Minister Madbouly’s presser on everything from wheat to imports — with a heavy side serving of bread talk as a new subsidies program gets underway. Loaves too dear: The new initiative allowing all citizens to buy subsidized bread is […]
Columbia University names Egypt-born Nemat Shafik its first woman president
Alexandria-born economist Nemat “Minouche” Shafik (official bio) has been hired as the new president of Columbia University, the university said in a statement. Shafik has served as the president of the London School of Economics and Political Science (LSE) since 2017, following stints as deputy governor of the Bank of England, deputy managing director of […]
** SHARE ENTERPRISE WITH A FRIEND ** Enterprise is available without charge — just visit our English or Arabic subscription page, depending on which edition you would like to receive. We give you just about everything you need to know about Egypt, in your inbox Sunday through Thursday before 7am CLT (8am for Arabic), and […]
Local BMW assembly is back, courtesy of Global Auto Group
AUTOMOTIVE- BMWs are now being assembled in Egypt for the first time in almost five years: Global Auto Group — the new agent and importer for BMW in Egypt — has begun assembling BMWs in Egypt, Chairman Fahad Alghanim said during a presser yesterday, according to Al Mal. The company has started with the luxury […]
China’s comeback to see oil demand hit a record high in 2023 + European, EM equities gain popularity as Wall Street takes a kicking
China’s loosening of covid-19 restrictions is forecasted to boost oil demand to a record high this year of 101.7 mn barrels per day, the International Energy Agency (IEA) said yesterday. Expect to see a tighter market as “Russian supply slows under the full impact of sanctions [while] China will drive… global demand growth even as […]
My Morning Routine: Hadeer Shalaby, managing director of Talabat
Hadeer Shalaby, managing director, Talabat: 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 Hadeer Shalaby (Linkedin), managing director at Talabat. I'm Hadeer, and I'm an entrepreneur. […]
JANUARY January: Fuel pricing committee meets to decide quarterly fuel prices. January: Infinity + Africa Finance Corporation to close acquisition of Lekela Power. January: Global Auto to restart BMW assembly in Egypt. 16-20 January (Monday-Friday): Davos 2023. 25 January (Wednesday): 25 January revolution anniversary / Police Day. 26 January-6 February (Thursday-Monday): Cairo International Book Fair, […]