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CORRECTION- We incorrectly said in yesterday’s issue that the USD 5.4 bn Carbon Holdings raised for its USD 10.9 bn Tahrir Petrochemicals Complex (TPC) included USD 1.25 bn from the Lagos-based African Finance Corporation and USD 3.1 bn in standby funding from Chinese lenders. A Carbon Holdings official clarified to us that the company signed […]
Author Archives: enterpriseam admin
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 inImage of the Day
International 5k marathon The Color Run debuts in Egypt
The Color Run, an international 5k “fun run” in which participants are sprayed with colored powder, was held in Egypt for the first time last weekend, Africanewsreports. The privately owned event originated in the US and now takes place on multiple continents.
Posted inEGYPT IN THE NEWS
Egypt in the News on 16 April 2019
The constitutional amendments are getting more digital ink in foreign news outlets: Receiving widespread coverage in the foreign press this morning is today’s final general assembly vote on the package of constitutional amendments which could see El Sisi stay in office until 2030. In keeping with tradition, the press doesn’t have many positive things to […]
Posted inON THE FRONT PAGES
Gov’t launches plan to develop textile manufacturing, El Sisi phones Merkel
Gov’t launches plan to develop textile manufacturing, El Sisi talks Sudan, Libya with Merkel: The launch of a government plan to develop textile manufacturing and discussions between President Abdel Fattah El Sisi and German Chancellor Angela Merkel on developments in Libya and Sudan topped the front pages of the government-owned dailies this morning (Al Ahram […]
Posted inWorth watching
What does it take to scare the CEO of a big company?
What does it take to scare the CEO of a big company? Big tech investment is enough to keep CEOs up at night, as legacy companies struggle to compete with the huge financial clout of the likes of Amazon, Google and Apple. This is tempting companies to make increasingly risky acquisitions in a bid to […]
Posted inDiplomacy + Foreign Trade
Egypt supports the choices of the Sudanese people- El Sisi to Merkel
Egypt supports the choices of the Sudanese people, President Abdel Fattah El Sisi told German Chancellor Angela Merkel in a phone call discussing the resignation of Sudanese President Omar Al Bashir, according to an Ittihadiya statement. While Egypt is keen to help, it will not interfere in domestic Sudanese affairs, El Sisi stressed. The two […]
Posted inDiplomacy + Foreign Trade
Egypt’s agricultural exports jump in 2018
Egypt’s cotton, dates, citrus exports jump in 2018: Egypt’s dates exports rose 254% y-o-y in 2017, marking the highest y-o-y increase in agricultural exports during the year, according to a cabinet statement. Other crops and produce that Egypt exported more of last year included cotton (18.9%), mandarin oranges (38.4%), tomatoes (28.5%), oranges (22.1%), and lemons […]
Posted inInfrastructure
Egypt, World Bank discuss boosting support for African infrastructure projects
Investment Minister Sahar Nasr discussed with World Bank Vice President for Infrastructure Makhtar Diop boosting support for infrastructure projects in Africa, the ministry said in a statement. Egypt also asked the World Bank to support Nile transportation infrastructure to boost integration between African countries.