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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

Could ‘sharp power lending’ reduce the need for further IMF bailouts?

NEW BUZZWORD: Could ‘sharp power lending’ reduce the need for further IMF bailouts? Sharp power lending is the latest buzzword for emerging powers handing out large bilateral loans to countries facing economic crises — and could be an alternative to traditional multilateral lending, sovereign debt analyst Timothy Ash writes in the Financial Times. Countries which […]

Posted inEGYPT IN THE NEWS

Egypt in the news on 12 May 2019

Heated debate over “dress codes” for Coptic Christians: Comments made by Coptic priest Daoud Lamei about women attending church in clothing that is too revealing have drawn both praise and criticism from Egyptian Christians, AFP reports. The remarks, which were made in an Easter sermon, come in the wake of a controversial online campaign that […]

Posted inWorth reading

Flexible monetary policy: a buffer against government debt?

Flexible monetary policy: A buffer against government debt? Central banks need to be flexible in their monetary policy, rather than dogmatically pursuing higher prices in the face of lower-than-expected levels of inflation, argues Marie Owens Thomsen, global head of investment intelligence at Indosuez Wealth Management, in the FT. While the 2% inflation target widely adopted […]

Posted inDiplomacy + Foreign Trade

El Sisi meets Libyan general Khalifa Haftar for second time in a month

El Sisi meets Libyan general Khalifa Haftar for second time in a month: President Abdel Fattah El Sisi discussed the current situation in Libya in his second meeting in less than a month with Egypt-backed General Khalifa Haftar, according to an Ittihadiya statement. El Sisi hailed the Libyan National Army (LNA) commander’s counterterrorism efforts, and […]

Posted inDiplomacy + Foreign Trade

Egypt, Jordan and Iraq industry ministers agree to establish industrial zones, increase trade

The Egyptian, Jordanian and Iraqi industry ministers agreed to cooperate on building common industrial zones and boost trade between their countries at a summit in Amman over the weekend, the Jordanian Industry Ministry said in a statement. The ministers agreed to work on eliminating non-tariff trade barriers between their countries, boost investments, establish joint industrial […]

Posted inManufacturing

AOI, Greater Cairo Water Company ink agreement to manufacture water pumps

The Arab Organization for Industrialization (AOI) and the Greater Cairo Water Company have signed an agreement to manufacture water pumps in Egypt, Ahram Online reports. A factory will be constructed to build pumps for the National Authority for Potable Water and Sewage, the New Urban Communities Authority, and a number of developmental projects across the […]

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