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Posted inEnterprise+: Last Night’s Talk Shows

El Sisi in New York, Friday protests on Egypt’s airwaves

President Abdel Fattah El-Sisi's arrival in New York for the UN General Assembly high-level meetings was at the top of all the talking heads’ agendas last night. El Sisi’s speech at the UNGA will focus on counterterrorism and combating extremism, Masaa DMC's Eman El Hosary said (watch, runtime: 1:49). The president is also expected to […]

Posted inSpeed Round

Enterprise Poll: Central Bank of Egypt could cut interest rates again this week

SURVEY- The Central Bank of Egypt (CBE) could cut benchmark interest rates by 50-150 bps when its Monetary Policy Committee (MPC) meets this Thursday, according to seven of eight economists polled by Enterprise. The economists cited the unexpected inflation rate in August, which dropped to the lowest level in six-and-a-half years, as being the primary […]

Posted inSpeed Round

Egypt could move ahead with stake sales in less than two weeks

EXCLUSIVE- Gov’t could move ahead with stake sales within two weeks: Abu Qir Fertilizers or Alexandria Container and Cargo Handling (ACCH) could offer stakes as part of the privatization program within two weeks’ time, Public Enterprises Minister Hisham Tawfik told Enterprise. The companies have completed all the necessary procedures and are ready to go to […]

Posted inSpeed Round

Egypt signs first settlement in new export subsidy framework

Exporter sees first settlement under long-anticipated export subsidy program: The finance and trade ministries have signed a settlement agreement with Sumitomo Tires that will see the company receive overdue subsidies in less than five years as part of the government’s new export subsidy framework, the Finance Ministry said in a statement. The company is planning […]

Posted inSpeed Round

Ethiopia rejects Egypt’s GERD proposal

Ethiopia rejects Egypt’s GERD proposal: Ethiopia’s Foreign Ministry has dismissed Egypt’s proposal for the Grand Ethiopian Renaissance Dam as “disrespectful” and one that “puts Ethiopia’s sovereignty under question,” according to the Ethiopian News Agency. Ministry spokesperson Nebiyat Getachew also said at a presser on Friday that the proposal would “complicate” the filling of the dam. […]

Posted inUncategorized

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