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The central bank’s Monetary Policy Committee (MPC) is set to meet this Thursday, 22 August to review key interest rates. Our poll on Sunday showed three-quarters of economists predicting that the central bank will cut rates for the first time since February. Another case for a rate cut: Beltone’s Alia Mamdouh, who was absent from […]
Author Archives: enterpriseam admin
Posted inEnterprise+: Last Night’s Talk Shows
Egypt’s handball triumph was the topic du jour on the airwaves last night
Our handball triumph was the topic du jour on the airwaves last night. News that Egypt brought home the 2019 Men’s Youth Handball World Championship dominated coverage. We have the story in the Sports section, below. Al Hayah Al Youm’s Lobna Assal reported the win, and took note of President Abdel Fattah El Sisi’s congratulations […]
Posted inSpeed Round
NI Capital to launch bookrunner tender for HHD secondary offering in September
IPO WATCH- NI Capital to launch bookrunner tender for HHD secondary offering next month: State-owned investment bank NI Capital is planning to issue a tender in September to choose the bookrunner for state-owned real estate developer Heliopolis Housing and Development’s (HHD) planned secondary offering on the EGX, HHD’s Managing Director of Financial Affairs Sahar El-Damaty […]
Posted inSpeed Round
Egypt’s economy expected to grow 6.8% annually until 2027, says Harvard Center for International Development
Egypt’s economy is forecast to grow at a 6.8% clip per year over the next 10 years, placing it among the top of the list of the fastest-growing economies until 2027, according to the Harvard Center for International Development’s 2027 Growth Projections. Also expected to hit annual growth rates of at least 6% are Myanmar, […]
Posted inSpeed Round
GTH board approves Veon’s offer to acquire USD 2.3 bn assets
GTH board approves Veon’s offer to acquire USD 2.3 bn assets: Global Telecom Holding’s (GTH) board of directors has approved Veon’s offer to acquire all of GTH’s operating assets for USD 2.3 bn, GTH said in a bourse filing (pdf). Veon will acquire the company’s stakes in Jazz, Bangalink, Djezzy (including MedCable), and Mobilink Bank […]
Posted inSpeed Round
Egyptian youth handball team beat Germany to win U19 world title
Champions of the world:Egypt’s handball team were crowned champions of the 2019 Men’s Youth Handball World Championship after beating Germany 32:28 in the final yesterday, according to the International Handball Federation. The Pharaohs dominated the first half of the game, but Germany staged a second half comeback bringing them at one point within three goals […]
Posted inSpeed Round
** WE’RE HIRING: We’re looking for smart, talented, quirky people to join our team and help us make both the product you’re reading now and some exciting new stuff. We’re particularly interested in: Journalists with print, audio and / or video skills — both editors and reporters (for both our English and our Arabic editions); […]
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 inEGYPT IN THE NEWS
Egypt in the News on 19 August 2019
This morning in the foreign press: AFP reports that Egypt helped China to detain Uighurs after the two countries signed a security memorandum focused on "combating terrorism.” The news agency interviewed several Uigurs who claimed to have been detained during a three-day crackdown in 2017 which came three weeks after the signing of the agreement. […]