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Author Archives: enterpriseam admin
** 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 […]
The trade war isn’t affecting emerging markets as much as you thought
The trade war isn’t affecting emerging markets as much as you thought: Ever since Donald Trump made the first move in the ongoing US-China trade duel last year, financial commentators have ruminated on how emerging markets are about to experience a slow-mo economic calamity. But they appear to have jumped the gun. New data from […]
The state of Egypt’s SMEs (of which there are even more than you thought)
The state of Egypt’s SMEs (there are even more than you thought): Regular Enterprise readers will know we love a good infographic, and this one from our friends at Acumen Consulting offers some interesting information about Egypt’s SME sector from the ITC and FEP Capital. A few noteworthy stats: The vast majority (90%) of all […]
Egypt in the News on 02 July 2019
It’s a blessedly slow morning for Egypt in the foreign press, which offers just a few headlines worth a quick skim: Daeshbags deported: Costa Rica will deport two Egyptian Daesh suspects to Egypt after being arrested in Nicaragua last week, AFP reports. A new Great Game? Competition for eastern Mediterranean natural gas is giving rise […]
The president’s women health initiative tops Egypt’s front pages:
The screening of 8 mn women as part of a presidential health care initiative topped the front page of Al Akhbar, one of the country’s three state-run dailies. Both Al Ahram and Al Gomhuria’s websites were still down this morning.
Irrefutable proof that Mo Salah is meant to be a football player
Irrefutable proof that Mo Salah is meant to be a football player: If Mo Salah ever decides to leave football behind, let’s just say he’s not exactly going to find great success as a basketball player. Exhibit A: This video of him trying to take one successful shot, and picking up the ball with his […]
EBRD’s Pilloux indicates future cooperation on Egyptian infrastructure projects
EBRD’s Pilloux indicates future cooperation on Egyptian infrastructure projects: The European Bank of Reconstruction & Development’s (EBRD) VP for banking, Alain Pilloux, indicated that the bank could provide finance for a number of Egyptian infrastructure projects in a meeting with Prime Minister Moustafa Madbouly yesterday, according to a cabinet statement. Pilloux said the bank is […]
Egypt to finalize USD 500 mn World Bank cash subsidy loan by end-July
FinMin to finalize USD 500 mn World Bank cash subsidy support loan by the end of the month: The Finance Ministry is set to wrap up the procedures of obtaining a USD 500 mn loan offered by the World Bank last year to support the Takaful and Karama cash subsidy programs by the end of […]
Molla discusses joint project with Schlumberger in Egypt with company top execs
Oil Minister Tarek El Molla discussed his ministry’s joint projects with Schlumberger in the Western Desert, Gulf of Suez, and the Red Sea with northern Middle East President Maen Razouqi and Egypt and East Mediteranean Managing Director Karim Badawi yesterday, according to a Cabinet statement. Schlumberger is planning to partner with the government on more […]