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Author Archives: enterpriseam admin
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 inTHE MACRO PICTURE
IMF: Rise of e-banking poised to ‘surpass’ traditional banking solutions
Banks could be “left behind” as e-money poised to eclipse traditional currency -IMF: Banks will need to evolve or run the risk of being “left behind” by e-banking solutions offered by big tech companies, according to an IMF report (pdf). The fund predicts that e-money — a means of digitally storing regular money at the […]
Posted inImage of the Day
The secret life of birds
The secret life of birds: This arresting image of a bald eagle and a fox struggling over prey by photographer Kevin Ebi is one of several winners of the 2019 Audubon photography awards, which saw entries from 2,253 people throughout the US and Canada. Held by the National Audubon Society, an NGO that works to […]
Posted inEGYPT IN THE NEWS
Egypt’s newly approved NGOs Act is the only story in the foreign press
It’s another blessedly slow morning for Egypt in the foreign press, with the only story earning significant attention being the passing of the newly amended NGOs Act. Amnesty International says the law “includes only a handful of token cosmetic changes to address human rights concerns,” in an analysis of proposed amendments to the law, which […]
Posted inON THE FRONT PAGES
Egypt’s El Sisi attends graduation of “martyr Abdel Azim’s” cohort
President Abdel Fattah El Sisi’s attendance yesterday of a technical military academy graduation ceremony to honor deceased scout Ahmed Abdel Azim, tops the front page of state-owned Al Akhbar this morning.
Posted inWorth watching
China’s economic slowdown has much less to do with US policy than you’d expect
China’s economic slowdown has less to do with US policy than you may expect, the Financial Times’ global China editor James Kynge says (watch, runtime: 1:50). US President Donald Trump’s trade tariffs may have hit the Asian country’s net exports figures, and yes, exports to the US fell 7.8%. The numbers are “stark,” but net […]
Posted inDiplomacy + Foreign Trade
El Sisi speaks to new Greek PM Mitsotakis
El Sisi speaks to new Greek PM: President Abdel Fattah El-Sisi made a congratulatory phone call on Monday to Greece’s new prime minister, Kyriakos Mitsotakis, according to an Ittihadiya statement. El Sisi invited Mitsotakis to visit Cairo for trade and economic talks.
Posted inDiplomacy + Foreign Trade
Shoukry talks Sudan with EU special representative Pekka Haavisto
Foreign Minister Sameh Shoukry discussed the situation in Sudan with Finnish Foreign Minister and the EU’s special representative for Sudan Pekka Haavisto during a meeting in Cairo yesterday, according to a ministry statement. Shoukry and Haavisto shared their respective outlooks on our southern neighbor, and discussed Egypt’s efforts to maintain stability.
Posted inDiplomacy + Foreign Trade
Netherlands plans EUR 120 in grants to Egypt
The Netherlands will provide Egypt EUR 120 mn in grants over the next four years, Laurens Westhoff, the Netherlands’ ambassador in Egypt said, according to Al Mal. The proceeds will be directed toward the agriculture and energy sectors, in addition to improving water services and promoting women’s employment.