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Electronically yours: This may have seemed a perfectly acceptable ending to an email back in 1984. It was the pre-world wide web era; only early adopters owned computers and they had to enlist the help of cumbersome hardware, a box-shaped external modem, and telephones with rotary dials to make use of an exciting new feature […]
Author Archives: enterpriseam admin
Posted inEnergy
Eni, BP to export natural gas from Egypt’s Idku LNG facility
The Oil Ministry will allow Eni and BP to export a portion of their Zohr and North Alexandria gas production via the Idku LNG plant in line with the terms of their development contracts, an industry source told the local press. The ministry made the decision after the companies succeeded in meeting local demand and […]
Posted inSports
Public Enterprises Ministry to offer Ghazl El Mahalla football club to private sector investors
The Public Enterprises Ministry is planning to open state-affiliated football club Ghazl El Mahalla to private sector investment, minister Hisham Tawfik told Al Mal. The club could be operated through a JV in which the government would hold no more than a 24% stake, with the remaining 76% owned by private sector investors. Tawfik suggested […]
Posted inON YOUR WAY OUT
Dahab makes National Geographic’s best MENA beach list
Dahab makes National Geographic’s best MENA beach list: Dahab is first on National Geographic’s list of the best beaches in the MENA region, alongside Dubai’s Kite Beach, Oludeniz in Turkey and Tyre in Lebanon.
Posted inThe Market Yesterday
The Market Yesterday
EGP / USD CBE market average: Buy 16.71 | Sell 16.81 EGP / USD at CIB: Buy 16.69 | Sell 16.79 EGP / USD at NBE: Buy 16.73 | Sell 16.83 EGX30 (Sunday): 13,912 (+0.9%) Turnover: EGP 348 mn (55% below the 90-day average) EGX 30 year-to-date: +6.72% THE MARKET ON SUNDAY: The EGX30 ended […]
Posted inCALENDAR
1H2019 (date TBD): Investment Minister Sahar Nasr will head a delegation of businessmen into Mexico City to explore cooperation avenues with the Latin American country. June: International Forum for small and medium enterprises (SMEs). June: Egypt will host the first economic forum for Union for the Mediterranean (UfM) countries to promote trade and investment in […]
Posted inWhat We're Tracking Today
What we’re tracking on 9 June 2019
Not a lot happened over the Eid vacation, and it’s just as well: Plenty of us here at Enterprise are still grumbling over having been trolled on what conventional wisdom (and basic astronomy) had penciled in as the last day of Ramadan. Get ready for a busy news cycle: We have barely three weeks left […]
Posted inEnterprise+: Last Night’s Talk Shows
Egypt’s talking heads are back from the annual Ramadan hiatus
The talking heads returned from their annual Ramadan hiatus last night. We’re still not sure whether we missed them. Maybe Lamees, but she’s been off-air for a while now, hasn’t she? Eritrean President Isaias Afwerki began hais two-day visit to Egypt yesterday and sat down with President Abdel Fattah El Sisi, Hona Al Asema’s Riham […]
Posted inSpeed Round
Government IPOs set for September on schedule
EXCLUSIVE- IPOs by state-owned companies set for fall as planned, come what may: State-owned companies selected to make initial public offerings of their shares under the second phase of the state’s privatization program will move forward with transactions starting in September as scheduled, Public Enterprises Minister Hisham Tawfik told Enterprise over the weekend. The government […]