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We recently had breakfast with 20 top CEOs to talk about why exports and FDI are key to our economy going forward. After reading our five-step recipe for turning Egypt into a global export hub and FDI magnet, every participating CEO has agreed to answer two questions on the record. We’ve already heard from: GSK’s […]
Author Archives: enterpriseam admin
Posted inA MESSAGE FROM HSBC
The vital role of voluntary carbon markets
With 2030 not that far away, if nations and companies are to accelerate towards their net zero targets, voluntary carbon markets have an essential part to play. The transition to reach 45% carbon reductions by 2030 and net zero by 2050 needs to accelerate. The voluntary carbon market, when used by companies to complement — […]
Posted inLEGISLATION WATCH
House passes amendment giving foreign tax authorities access to expats’ financial info
House gives its final nod to Unified Tax Procedures Act amendment: The House of Representatives yesterday voted through a controversial amendment to the Unified Tax Procedures Act that would allow foreign tax authorities to access individuals and businesses’ financial information. The Egyptian Tax Authority won’t be harvesting your bank statements: Policymakers have moved to assure […]
Posted inLAST NIGHT’S TALK SHOWS
Talking heads celebrate Argentina’s World Cup victory
Viva Argentina, Viva Messi: The nation’s talking heads spent most of the night discussing the dramatic denouement to the 2022 World Cup, which saw Argentina clinch the trophy in a penalty shoot-out following a rollercoaster 120 minutes. Lots of love for Messi: Star player Lionel Messi got some love for his performance during the cup […]
Posted inEGYPT IN THE NEWS
Egypt’s debt problems and Mediterranean migration are making headlines globally this morning
It’s a mixed bag of nuts in the foreign press this morning, with no single story capturing the attention of international journalists. Among the stories making headlines: CNN takes a look at what it calls a “massive hole of debt” in state finances after the IMF approved the USD 3 bn loan last Friday. Egypt-born […]
Posted inUncategorized
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Posted inAlso on our Radar
Another export subsidies milestone + Beni Suef dry port tender coming next year
EXPORTS- That’s a wrap: The government disbursed EGP 2.5 bn to 584 exporters last Thursday to wrap the fifth phase of its export subsidy program, the Finance Ministry said in a statement. The fifth phase of the program saw more than 1.6k exporters receive a total EGP 9.7 bn in overdue subsidies, Finance Minister Mohamed […]