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A delegation of six British healthcare companies is in town for three days for meetings with government officials on developing Egypt’s healthcare system, according to a British Embassy statement. The delegation, which is made up of the top contributors to the UK’s National Health Service, covers specialties including medical training, insurance, “digital health,” and medical […]
Author Archives: enterpriseam admin
Posted inHealth + Education
California State University will support STEM education in Egypt
Californian Fresno State University will help design and implement a teacher education program focusing on science, technology, engineering and math, with emphasis on student-centered research and active learning techniques reports Fresno State News. The program will be funded by a USD 24.2 mn grant from the US Agency for International Development.
Posted inTourism
Tourism Minister meets with Bulgarian counterpart
Tourism Minister Rania Al Mashat met with her Bulgarian counterpart to discuss increasing cooperation in the tourism sector, according to a cabinet statement. Al Mashat also met with her Slovenian, Greek, Puerto Rican and Saint Lucian counterparts on the sidelines of the World Travel & Tourism Council Global Summit currently underway in Spain, reports Al […]
Posted inAutomotive + Transportation
Raya to cut tuk-tuk production, acquire van agency
Raya Holding is looking for an Indian or Chinese van manufacturer in search of a seven-seater passenger van after the Industrial Development Authority’s decision to stop handing out licenses to tuk-tuk manufacturers and assemblers. Raya CEO Medhat Khalil said he expects the agreement to materialize by the end of the year. The news comes as […]
Posted inBanking + Finance
EFG Hermes’ valU short-listed for Seamless award
EFG Hermes’ fintech solutions arm valU has been short-listed for the Seamless Awards most innovative fintech company for the year. Terrapin’s Seamless Awards is one of the leading annual tech and innovation awards for the finance, retail and ecommerce industries. The 2019 iteration, held in the Armani Hotel in Dubai on Wednesday, 10 April, will […]
Posted inBanking + Finance
Fitch raises credit rating for CIB, NBC
Fitch Ratings has upgraded long-term issuer default ratings for CIB and the National Bank of Egypt to ‘B+’ from ‘B’ with a ‘stable’ outlook, the agency said in a press release. The agency has also upgraded its rating for NBE’s UK branch. This came in response to Egypt’s recent long-term foreign-currency issuer default rating upgrade […]
Posted inMy Morning Routine
My Morning Routine: Karim Khalifa
My Morning Routine looks each week at how a successful member of the community starts their day — and then throws in a couple of random business questions because we simply can’t help ourselves. Extracts from our conversation this week with Karim Khalifa, co-founder and soon-to-be-former-CEO of Digital Republic: I’m Karim Khalifa, father of Aly […]
Posted inThe Market Yesterday
The Market Yesterday
EGP / USD CBE market average: Buy 17.27 | Sell 17.37 EGP / USD at CIB: Buy 17.28 | Sell 17.38 EGP / USD at NBE: Buy 17.26 | Sell 17.36 EGX30 (Wednesday): 15,198 (+0.2%) Turnover: EGP 854 mn (7% below the 90-day average) EGX 30 year-to-date: +16.6% THE MARKET ON WEDNESDAY: The EGX30 ended […]
Posted inCALENDAR
April: The African Tripartite Trade Area (TFTA) agreement is set to take effect in April after a majority from the participating governments ratified it, COMESA Secretary General Chileshe Kapwepwe said. April: A World Bank delegation will be in town to review current investment legislation, economic policies and administrative reforms as part of the preparations for […]
Posted inWhat We're Tracking Today
What we’re tracking on 03 April 2019
MPs should receive today a report from a House subcommittee recapping debate on the package of constitutional amendments on which our elected representatives will vote on Sunday, 14 April. The sub-committee of the House legislative and constitutional affairs committee providing a recap on public hearings MPs held on the amendments, but is making no recommendations […]