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MOVES- Hayrullah Hakan Gürdal has been appointed as Chairman of Suez Cement Company,succeeding Omar Mohanna, the company said in an EGX disclosure (pdf).
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
Interest burden on EM governments grows dramatically amid borrowing spree
EM governments face dramatically higher interest burden amid borrowing spree: Interest owed by emerging-market governments has risen dramatically over the past decade as borrowing levels soar, the FT writes. Statistics published by the Institute of International Finance (IIF) shows that debt-to-GDP levels among developing economies has risen to 49.7% in 2019 from 34% in 2008. […]
Posted inEGYPT IN THE NEWS
Egypt in the News on 07 May 2019
The Ramadan news slowdown is upon us, blessing us with a relatively quiet morning for Egypt in the foreign press. Perhaps the only Egypt-related story worth noting is Worth a read is this New York Times piece looking at how the Trump administration’s stance on the Ikhwan and Libya has shifted under pressure from Egypt, […]
Posted inON THE FRONT PAGES
El Sisi urges better water rationing, meets EU development chief
El Sisi urges better water rationing, meets EU development chief: President Abdel Fattah El Sisi calling on his government to step up efforts to conserve water leads the front pages of two of Egypt’s main dailies, Al Ahramand Al Gomhuria, this morning. The president’s meeting with Neven Mimica, the European Commissioner for International Cooperation and […]
Posted inWorth reading
Biodiversity breakdown spells threat to human survival
Human activity could wipe out 1 mn animal and plant species in the coming decades, a landmark UN report has found. The 1,500-page report, which is based on thousands of scientific and government sources, is the most comprehensive study of its kind ever undertaken, forensically examines our impact on the planet’s biodiversity. According to its […]
Posted inWorth watching
How the Earth’s population exploded
How humans “harnessed thin air to feed bns” — and created chemical warfare in the process: The human population has grown at a dizzying rate over the past century, due in large part to advancements in agricultural technology. As it became evident in the 19th century that nitrates and ammonia (found in manure) are key […]
Posted inDiplomacy + Foreign Trade
Egypt brokers ceasefire in Gaza
Egypt has reportedly brokered a ceasefire in Gaza, with the assistance of the UN and Qatar, the BBC reports. The truce comes following a flare-up in violence over the weekend after Palestinian forces fired rockets into southern Israel.
Posted inDiplomacy + Foreign Trade
El Sisi discusses boosting ties with EU development chief
El Sisi talks migration, terrorism with EU development chief: President Abdel Fattah El Sisi discussed terrorism and illegal migration issues yesterday with Neven Mimica, the European Commissioner for International Cooperation and Development, according to an Ittihadiya statement.
Posted inEnergy
Electricity ministry explores cooperation with Sweden
Deputy Electricity Minister Osama Asran met with Swedish Energy Minister Andres Ygeman to discuss potential cooperation in developing smart grids and power transmission facilities, reports the local press.