Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Author Archives: enterpriseam admin
Resilient banks + reduced-price bread
It was banking and bread on the airwaves last night: The attention of the talking heads was captured by a new report from Fitch Ratings with positive things to say about the resilience of our banking sector in the face of the EGP devaluation, as well as more details on the subsidized bread scheme set […]
FT wants allies to pressure Egypt on state involvement in the economy
It’s an eerily quiet morning for mentions of Egypt in the international press after weeks of breathless coverage of the fluctuations in the EGP exchange rate. ON THE BUSINESS FRONT- The Financial Times’ editorial board is the latest to call on allies of Egypt to pressure the state to reduce its involvement in the economy […]
** 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 […]
Vodacom snaps up another 0.02% of Vodafone Egypt
CAPITAL MARKETS- Minority shareholders loath to part with Vodafone Egypt stakes: Vodacom is acquiring an additional 0.02% (49.5k shares) of Vodafone Egypt from minority shareholders for EUR 17.92 a piece after the subscription period on its offer closed yesterday, according to a bourse statement. The South African subsidiary of Vodafone Group had initially sought to […]
ECB follows the Fed to hint at slower rate rises + Gnarly 4Q results for Wall St majors
Slower rate hikes in Europe? Officials at the European Central Bank (ECB) are mulling a slower pace of rate hikes than the 50-basis point increases for February and March that ECB President Christine Lagarde penciled in last month, Bloomberg reports, citing unnamed bank officials it says have knowledge of the discussions. The ECB remains likely […]
El Sisi joins Jordanian, Palestinian leaders to condemn “unilateral Israeli measures”
Egyptian-Jordanian-Palestinian summit addresses heightened tensions in Israel-Palestine conflict: Palestinian affairs took center stage at a meeting yesterday in Cairo between President Abdel Fattah El Sisi, Jordanian King Abdullah II, and Palestinian President Mahmoud Abbas, according to a joint statement. The statement reiterated the three leaders’ support for a two-state solution to the conflict, as well […]
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, […]
THIS EVENING: It’s all about Davos out there
Good afternoon, friends — we’ve just made it halfway through what has felt like the longest week on record. Maybe we all got too used to the long weekends? DRIVING THE CONVERSATION TODAY- It’s day two of Davos: The five-day World Economic Forum at Davos — under the theme “Cooperation in a Fragmented World” — […]