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Author Archives: enterpriseam admin
Posted inImage of the Day
Capturing the Egyptian reality: Paris showcase “Hakawi”
Telling Egyptian stories through a camera: The above image is part of Mohamed Anwar's “Night Walkers” series, a photo essay that explores life on Cairo streets after sundown. This photograph, along with shots taken by 14 Egyptian contemporary photographers, are part of the Photographers of the Arab World showcase in Paris with a focus on […]
Posted inEGYPT IN THE NEWS
Egypt in the News on 8 October 2019
Protest-related stories continue to garner attention in the pages of the foreign press. Egyptian authorities randomly searching citizens’ phones and laptops on the street is part of a push to curb online dissent in response to recent protests, the Wall Street Journal says. Meanwhile, Al Monitor reports that pro-democracy activists in Jordan are taking note […]
Posted inWorth reading
Is a radical reframing of cybersecurity the way to beat cyberwarfare?
Is a radical reframing of security the way to beat cyberwarfare? The rise of cyberwarfare has changed the rules of engagement in conflicts between countries, and putting a global framework in place to establish the red lines is easier said than done, the Financial Times says. There have been multiple efforts to do this, including […]
Posted inWorth watching
Why are private unicorn valuations so out of sync with public markets?
Why are private unicorn valuations so out of sync with public markets? Although private valuations of high-flying startups are a widely accepted measure of value on the public market, such valuations often overstate a firm’s true worth, says this Wall Street Journal video (watch, runtime: 04:34). Private investors are frequently enticed by preference shares, which […]
Posted inDiplomacy + Foreign Trade
26 new Egyptian companies join QIZ agreement with the US
Twenty-six Egyptian companies qualified for inclusion in the Qualified Industrial Zones (QIZ) export agreement with the US and Israel between January August, bringing the total number of companies under the agreement to 1,030, a Trade Ministry source told the local press. The new companies manufacture readymade clothes, textiles, furniture, and food products. Participants in the […]
Posted inDiplomacy + Foreign Trade
Korean companies express interest in partnerships with Egypt’s private sector
South Korean companies want private sector partnerships in Egypt: Twenty South Korean companies are looking to join forces with Egyptian private sector companies on real estate, tourism, and manufacturing projects, Youm7 reports. Company representatives are in town for a meeting of the Egypt-Korea Business Council scheduled for later today.
Posted inEnergy
Public sector inefficiency hampers Egypt’s potential to be “renewable energy heaven” -EBRD
Egypt is not fulfilling its renewable energy potential due to public sector inefficiency, the European Bank for Reconstruction and Development’s (EBRD) head of energy for Europe, the Middle East, and Africa, Harry Boyd-Carpenter has said, according to Recharge News. Egypt has the ability to add 2 GW of wind and solar capacity each year, but […]
Posted inBasic Materials + Commodities
Investors express interest in Egypt’s mining sector
British Principal Verve International President Jeremy Crozier and London’s Capital Drilling CEO Brian Rudd expressed their interest in gold mining and extraction investments in Egypt during a meeting with Oil Minister Tarek El Molla on Thursday, according to a ministry statement. The execs said the recent amendments to the Mineral Resources Act have increased the […]
Posted inReal Estate + Housing
Housing Ministry could allow private sector to join social housing projects
The Housing Ministry will finish at the end of October discussions on allowing the private sector to participate in the state’s social housing program, the local press reported. The ministry is proposing to offer 10k units to real estate developers over the next five years to trial the idea. Companies would have to agree to […]