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** 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 […]
Author Archives: enterpriseam admin
Posted inSpotlight
Our exclusive sit-down with Dame Nemat “Minouche” Shafik
EXCLUSIVE- Our sit-down with Dame Nemat “Minouche” Shafik: Dame Nemat “Minouche” Shafik — director of the London School of Economics and one of the global rock stars of economics (official bio) — was at the American University in Cairo last Wednesday to give the Nadia Younes Memorial Lecture. And if you are an economics nerd […]
Posted inEGYPT IN THE NEWS
Egypt in the News on 25 March 2019: Sherine Abdel Wahab
Sherine’s ban continues to top coverage in the foreign press: The Musicians’ Syndicate’s ban on singer Sherine Abdel Wahab for her critical comments over the weekend continues to dominate Egypt’s coverage in the foreign press. Haaretz, the Guardian, the Daily Mail, the National, and Japan News all took note. Abdel Wahab took to the airwaves […]
Posted inON THE FRONT PAGES
El Sisi talks with Iraq and Jordan leaders top front pages of state newspapers
El Sisi meets Iraqi and Jordanian leaders to talk cooperation: A tripartite summit between President Abdel Fattah El Sisi, Iraqi PM Adil Abdul-Mahdi and Jordanian King Abdullah topped the front pages of all three state-owned newspapers this morning (Al Ahram | Al Gomhuria | Al Akhbar). Discussions between the three state leaders included forming a […]
Posted inDiplomacy + Foreign Trade
President El Sisi hosts Iraqi, Jordanian leaders for economic talks
President Abdel Fattah El Sisi yesterday welcomed Iraqi PM Adil Abdul-Mahdi and Jordanian King Abdullah for economic talks, according to a presidential statement. The leaders discussed developing joint industrial zones, increasing cooperation in energy and infrastructure, and increasing joint investment, trade and cultural ties.
Posted inDiplomacy + Foreign Trade
PM Madbouly meets with USAID administrator
Prime Minister Moustafa Madoubly met with administrator of the US Agency for International Development (USAID) Mark Green yesterday alongside Investment Minister Sahar Nasr to discuss strategic cooperation and establish developmental priorities for Egypt, according to a Cabinet statement.
Posted inManufacturing
MTI in talks with Whirlpool to manufacture home appliances in Egypt 2020
MTI Holding is in talks with its international partner Whirlpool to manufacture the latter’s full range of Whirlpool-branded home appliances in Egypt in 2020, General Manager Ghada Omran tells Al Mal. MTI has already begun assembling Whirlpool washing machines in a EGP 150 mn facility, we noted earlier this month. The company currently assembles the […]
Posted inReal Estate + Housing
Emaar Misr negotiating over Sheikh Zayed plot status
Real estate developer Emaar Misr is still negotiating with authorities over paying fees levied after it changed the purpose of a land plot in Sheikh Zayed to housing, the company said in a bourse filing. The company denied a report by Al Mal newspaper that said the ownership of 80 feddans, which equals 50% of […]
Posted inBanking + Finance
European University in Egypt in talks for EGP 750 mn loan
The European University in Egypt is in talks with banks, including Banque Misr and the National Bank of Egypt, for a EGP 750 mn loan, Al Mal reports. The university, located in the new administrative capital, will use the funds for the construction and operation of its first phase, which is set to be inaugurated […]
Posted inBanking + Finance
AAIB in talks with banks to arrange EGP 1 bn joint loan for Middle East Glass
The Arab African International Bank (AAIB) is looking to arrange a EGP 1 bn joint loan for EGX-listed Middle East Glass Manufacturing Company, banking sources told Al Shorouk. The company is planning to use the proceeds to fund expansions to its glass containers factory.