Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
INVESTMENT WATCH- OPIC commits USD 10 mn to LimeVest: The Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, has committed USD 10 mn to Sharif El Akhdar’s LimeVest, which will deploy the funds in healthcare investments that have a special focus on women and children, it said in a statement (pdf). It’s […]
Author Archives: enterpriseam admin
Posted inSpeed Round
El Sisi calls for glonbal community to take “constructive” role in GERD deadlock, says Sudan should be removed from terrorism blacklist
El Sisi’s General Assembly address calls on int’l community to take “constructive” role in resolving GERD gridlock: President Abdel Fattah El Sisi’s speech to the UN General Assembly yesterday in New York called on the international community to help Egypt, Sudan, and Ethiopia reach a resolution on the Grand Ethiopian Renaissance Dam, the negotiations over […]
Posted inSpeed Round
Orascom Investment records net losses of EGP 153.4 mn in 1H2019
EARNINGS WATCH- Orascom Investment Holding (OIH) recorded net losses of EGP 153.3 mn in 1H2019, compared to losses of EGP 141.2 mn during the same period last year, the company said in an EGX disclosure (pdf). Revenues fell to EGP 792.4 mn in 1H2019 compared to EGP 823.5 mn a year earlier.
Posted inUncategorized
** 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 […]
Posted inImage of the Day
Hungry Hungry Tech
Hungry Hungry Tech: As large tech companies continue to come under the spotlight for possible anti-competitive practices, the question of just how big is too big continues to be asked. This nifty infographic, compiled using data from the Economist and Bloomberg, shows exactly why. The big five — Amazon, Apple, Alphabet, Facebook and Microsoft — […]
Posted inEGYPT IN THE NEWS
Egypt in the news on 25 September 2019
Media, human rights and the Egypt-US relationship are together leading the conversation on Egypt in the foreign press. A rare op-ed by New York Times publisher A.G. Sulzberger calls into question whether the administration of US President Donald Trump would have provided assistance to the paper’s Cairo bureau chief, Declan Walsh, who was reportedly set […]
Posted inWorth watching
Timing is key to IPO success, says Box CEO
The challenges inherent in launching an IPO can make or break a company, says Box co-founder and CEO Aaron Levie in a conversation with the Wall Street Journal (watch, runtime: 02:41). Timing is one key determinant of future success: IPO too early and your business model might not be established, but leave it too late […]
Posted inWorth reading
How mobility apps capitalize on the need for resilient, flexible transport solutions in rapidly growing EMs
How mobility apps capitalize on the need for resilient, flexible transport solutions in rapidly growing EMs: Low-tech transport apps that cater to “the realities” of infrastructural challenges in emerging markets are a key solution for EMs that need to rely more on resilience than smart city grids, Swvl co-founder and CEO Mostafa Kandil writes for […]
Posted inEnergy
AfDB looks to increase funding to Egypt for solar projects
The African Development Bank (AfDB) could increase funding to Egypt for solar projects as part of an initiative to develop the Sahara’s solar generation capacity, the local press reported. Bank VP Wale Shonibare said that Egypt had an important role to play in the project, which aims to see the construction of 10 GW-worth of […]
Posted inEnergy
NREA aims to build 2 GW solar power plants
The National Renewable Energy Authority (NREA) aims to build solar power plants with a combined capacity of 2 GW, authority head Mohamed El Khayat said without specifying a timeframe or elaborating further. NREA has received 10 requests from companies looking to build projects with a capacity of 10 GW since Egypt announced its feed-in-tariff program, […]