Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
CORRECTION- We mistakenly said on Thursday that a joint venture of Orascom Construction and Arab Contractors will build a wastewater treatment plant in Sharqia’s Bahr El Baqar. The USD 739 mn facility, which is set to be the biggest in Egypt, will treat water — not wastewater. The story has been corrected on our website.
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 inEGYPT IN THE NEWS
Egypt in the news on 5 May 2019
Still topping coverage of Egypt in the foreign press is the question of whether the United States will designate the Ikhwan a terrorist group. Reuters offers context with an overview of the Ikhwan’s inception and the growth of its regional offshoots. Fortune, the Washington Post and Carnegie Endowment for International Peace all argue that the […]
Posted inON THE FRONT PAGES
Malpass’ visit to Egypt tops coverage in state-owned press
World Bank President David Malpass’ sit-down with President Abdel Fattah El Sisi during his ongoing visit to Cairo topped the front pages of the government-owned dailies this morning (Al Ahram | Al Gomhuria | Al Akhbar). Scroll up to this morning’s Speed Round for more.
Posted inEnergy
Egypt in talks with Chinese companies for solar projects
Military Production Minister Mohamed Al Assar last week visited four Chinese engineering and technology companies which could help construct new solar plants in Egypt, according to a Defense Ministry statement. Representatives from the ministries of defense, electricity, investment and environment accompanied the minister on his visits to the China Electronics Technology Group, China Metallurgical Group, […]
Posted inBasic Materials + Commodities
Egypt’s wheat farmers decry unfair gov’t offers to purchase local produce
Local farmers are complaining that the government has set unsatisfactory prices for the purchase of local wheat, The Arab Weekly said. The price the government announced ahead of the harvest season — EGP 3,900 (c. USD 230) per tonne — is not enough to entice the farmers to sell to the government given their running […]
Posted inHealth + Education
US’ Precipio signs services contract with Egyptian hospitals
US-based cancer diagnostics firm Precipio announced last week it has signed a services contract with several unnamed hospitals in Cairo that could be worth more than USD 1.5 mn, reports Proactive Investors. The contracts will see the establishment of “laboratory operations in Egypt that will license Precipio’s proprietary technologies to provide liquid biopsy testing.”
Posted inTelecoms + ICT
Mobile subscriptions in Egypt continue to fall, reaching 93.13 mn in February
The number of mobile subscribers in Egypt continued its downward trend in February, falling to 93.13 mn users, down 7.1% y-o-y and 0.32% m-o-m, according to a CIT Ministry report (pdf). This brought Egypt’s mobile phone penetration rate to 100.62% by month-end, down 9.58% y-o-y and 0.47% m-o-m. The number of ADSL subscribers, meanwhile, increased […]
Posted inBanking + Finance
BdC to make EGP 200 mn in direct investments by end of 2019
Banque du Caire (BdC) is planning to invest a further EGP 200 mn into companies by the end of 2019, taking the total value of its portfolio to EGP 1 bn, head of investments Mohamed Ragai said. This will include a planned USD 5 mn capital increase in BdC majority-owned Cairo International Bank in Kampala […]
Posted inEgypt Politics + Economics
Parliament renews state of emergency across Egypt for three months
Parliament approved yesterday a presidential decree to extend for an additional three months the nationwide state of emergency, reports Ahram Online. The state of emergency has already been in place for two years.