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INFRASTRUCTURE- One step closer to the Egyptian-Greek subsea data cable: Telecom Egypt and Greek telecoms company Grid Telecom signed an agreement to lay a subsea data cable across the Mediterranean, according to a joint statement (pdf). The cable is part of a system that will connect Europe, Asia, and Africa and will “reinforce Egypt’s strategic […]
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
Adnoc appoints banks to take lead on IPO of gas business, says Bloomberg
Adnoc is moving ahead with its big IPO plans for gas unit: The Abu Dhabi National Oil Company (Adnoc) has tapped several banks to lead a planned IPO for its gas unit next year, Bloomberg reported, citing people in the know. The state energy company has reportedly chosen Goldman Sachs, Bank of America and First […]
Posted inDiplomacy
Defining our maritime borders in the Mediterranean
President Abdel El Sisi issued a decree demarcating Egypt’s western maritime border in the Mediterranean. “Egypt’s territorial borders begin from the Egyptian-Libyan border point No 1 to 12 nautical miles to point No 8. The western maritime border line runs from point No 8 to the north,” according to the decree published in the Official […]
Posted inCALENDAR
NOVEMBER 20 November-18 December (Sunday-Sunday): 2022 Fifa World Cup, Qatar. DECEMBER 13-14 December (Tuesday-Wednesday): Federal Reserve interest rate meeting. 13-15 December (Tuesday-Thursday): US-Africa Leaders Summit. 15 December (Thursday): European Central Bank monetary policy meeting. 16 December (Friday): IMF executive board to discuss Egypt’s EFF request. 19-20 December (Monday-Tuesday): The Arab Administrative Development Organization’sconference on Modern […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: EFG Hermes closes EGP 200.6 mn securitized bond issuance for Premium + Washington plans to invest USD 55 bn in Africa over three years
Happy hump day, friends. We have another busy news day in our neck of the woods, as well as across the pond. THE BIG STORY TODAY EFG Hermes closes EGP 200.6 mn securitized bond issuance for Premium: EFG Hermes has closed the seventh tranche of Premium International’s EGP 2 bn short-term securitized bond issuance, EFG […]
Posted inFOR YOUR COMMUTE
Forget the CV and background check — just come work + Back to basics for HR departments
Employers ditch job requirements as demand for blue-collar workers rises: Employers are waiving their rigorous job requirements for hourly and temporary positions as they struggle to fill vacancies in the holiday rush amid a tight labor market, the Wall Street Journal writes. Some companies are no longer sticklers for college degrees, while others are foregoing […]
Posted inENTERPRISE RECOMMENDS
A life-changing journey with therapy
? ON THE TUBE TONIGHT- (all times CLT) Everyone needs therapy — Jonah Hill’s therapist will tell you as much: Directed by Jonah Hill, Stutz is a documentary about the actor’s therapist, Phil Stutz, his unique approaches in practice to help his patients work through difficult situations and see hope for the future — and […]
Posted inENTERPRISE RECOMMENDS
Argentina and Croatia kick off the World Cup semis
⚽The first round of the World Cup semifinals: Argentina will play against Croatia tonight at 9pm to battle it out for a spot in the World Cup final match next Sunday. Whoever comes out on top tonight will head to the final against the champion of tomorrow’s semifinal game between Morocco and France. The losers […]