Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
EXCLUSIVE- Gov’t to kick off Asia, Gulf roadshow to drum up investment, support coming debt issuances: The Madbouly government is heading to Asia and the Gulf next week for a roadshow to drum up interest in Egypt’s upcoming debt issuances and to promote Egypt as an investment destination, a senior government official tells Enterprise. The […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Acwa Power to invest USD 3 bn in Egypt this year
INVESTMENT WATCH- Acwa Power to invest USD 3 bn in Egypt this year: Saudi energy developer Acwa Power is planning to invest USD 3 bn in electricity projects in Egypt this year, Country Development Director Hassan Aly tells Al Mal. The investments will be directed toward energy projects in Luxor and the Benban solar power […]
Posted inSpeed Round
Egypt’s incorporation of the informal economy hinges on its investment in digitalization and financial inclusion
Egypt’s drive to make the informal economy go legit hinges on its investment in digitalization and financial inclusion, our friend Maged EzzEldeen, country senior partner at PricewaterhouseCoopers, argues in a report on the shadow economy. The government, Ezzeldeen says, is cognizant of the importance of incorporating the informal economy and the issues that come with […]
Posted inSpeed Round
Cabinet approves development loans, grant worth combined EUR 278.9 mn
CABINET WATCH- Cabinet approves development loans, grant worth combined EUR 278.9 mn: The Madbouly Cabinet approved yesterday a second, EUR 225 mn (c. USD 250 mn) tranche of a USD 450 mn facility from Germany’s KfW development bank to close the state budget’s financing gap, according to a cabinet statement. The agreement on the tranche […]
Posted inSpeed Round
Exxon considers Israeli oil and gas exploration
In a potential boost to Egypt’s regional gas ambitions, Exxon considers Israeli oil and gas exploration: US oil giant ExxonMobil is considering oil and gas exploration in Israeli waters, giving a further boost to regional plans for an East Med natural gas market, a source told Reuters. Company execs reportedly held discussions with Israeli Energy […]
Posted inSpeed Round
Egypt QIZ exports increase 17% y-o-y to USD 878 mn in 2018
Egypt’s exports from Qualifying Industrial Zones (QIZ) rose 17% to USD 878 mn in 2018, up from USD 751 mn in 2017, a source from the Trade Ministry’s QIZ unit said. Some 93% of QIZ exports were textiles and readymade garments. Egypt has exported USD 9.7 bn-worth of products enjoying no-tariff access to the US, […]
Posted inSpeed Round
** WE’RE HIRING: We’re looking for smart, talented, quirky people to join our team and help us make both the product you’re reading now and some exciting new stuff. We’re particularly interested in: Journalists with print, audio and / or video skills — both editors and reporters (for both our English and our Arabic editions); […]
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 14 March 2019
EU-Arab relations is topping coverage of Egypt in the foreign press this morning, with Bloomberg urging a revision of bilateral trade agreements to ensure that EU countries offer more concrete support to their Arab partners in terms of job creation, technology transfer and resource diversification. The Guardian, meanwhile, asks why the EU and the UK […]
Posted inON THE FRONT PAGES
El Sisi holds talks with South Sudan, Slovenia and Tanzania senior officials
Talks between President Abdel Fattah El Sisi with the South Sudanese National Pre-Transitional Committee, Slovenian Vice Prime Minister and Minister of Foreign Affairs Miro Cerar and Tanzania’s Defense and National Service Minister Hussein Mwinyi topped the front pages of all three state-owned newspapers this morning (Al Ahram | Al Gomhuria | Al Akhbar).