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LEGISLATION WATCH- Gov’t expects Social Security and Pensions Act to take effect in July: The Social Solidarity Ministry is expecting the proposed Social Security and Pensions Act to become law by no later than July, spokesman Mohamed El Okabi said. The ministry is planning to present the final draft to cabinet next month alongside the […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Is Thomas Cook about to get a new owner?
Is Thomas Cook about to get a new owner? The high-profile UK-based holidays group, a fixture of Egypt’s tourism industry since the late 1800s, could soon have new owners. With its share price down about 80% in the past year, Thomas Cook is shopping itself to investors that include private equity outfits KKR and EQT […]
Posted inSpeed Round
MOVES- Arabian Cement appoints Salvador Cabanas Lopex as CFO
MOVES- Arabian Cement Company has appointed Salvador Cabanas Lopez as CFO, the company said in an EGX disclosure (pdf).
Posted inSpeed Round
Egyptian Financial and Industrial Company appoints new chairman and deputy
MOVES- The Egyptian Financial and Industrial Company (EFIC) has named Abdel Aal Tolba El Banna as chairman and Mohamed Saeed Mohamed Abo Elmagd as his deputy, the company said in an EGX disclosure (pdf).
Posted inSpeed Round
CORRECTION- In yesterday’s issue, we had incorrectly referred to Saudi Arabia’s Alkhorayef Group as Al Kharafi Group. The story as since been corrected on our web edition.
Posted inSpeed Round
** OUR PARENT COMPANY IS HIRING: Do you have a passion for Arabic writing? Make it your day job. We are looking for talented copywriters who love to write in their native language and want to join a dynamic and friendly environment that we believe is simply awesome. You’ll develop content for marketing and corporate […]
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 22 April 2019
Voting on the proposed constitutional changes continues to top coverage of Egypt in the foreign press, with wire pickups of Reuters and Associated Press pieces featuring in Euronews, the New York Timesand the Washington Post. Deutsche Welle and the AP both draw attention to government efforts to get out the vote, from the proliferation of […]
Posted inON THE FRONT PAGES
Crowds head to the polls on day two of constitutional referendum
Reports of crowds heading to the polls on the second day of the referendum on the constitutional amendments continued to top all three government-owned dailies this morning (Al Ahram | Al Gomhuria | Al Akhbar).
Posted inWorth watching
The uncertain future of Germany’s automotive employees
The future for the 80k employees working for German automaker BMW is uncertain as the company ramps up the production of electric cars that require fewer workers. Bloomberg explores the potential repercussions in this short video (watch, runtime 1:05).