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US Navy commander Vice Admiral Jim Malloy discussed Egypt-US “strategic security” ties with senior navy leaders during a visit to Alexandria, according to a US embassy statement.
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
The sun could be the answer to all of our climate problems
The sun could be the answer to all of our climate problems: Solar geo-engineering is the process of injecting sulfate aerosols into the high atmosphere to dim the sun’s rays — essentially replicating a huge volcanic eruption in our skies. The technology could mitigate some of the worst effects of climate change, according to a […]
Posted inThe Market Yesterday
The Market Yesterday
EGP / USD CBE market average: Buy 17.37 | Sell 17.47 EGP / USD at CIB: Buy 17.37 | Sell 17.47 EGP / USD at NBE: Buy 17.37 | Sell 17.47 EGX30 (Wednesday): 15,126 (-0.1%) Turnover: EGP 1.1 bn (17% above the 90-day average) EGX 30 year-to-date: +16.0% THE MARKET ON WEDNESDAY: The EGX30 ended […]
Posted inCALENDAR
14-16 March (Thursday-Saturday): Metal & Steel, Egypt International Exhibition Center, Nasr City, Cairo. 14-16 March (Thursday-Saturday): WINDOOREX, Egypt International Exhibition Center, Nasr City, Cairo. 14-16 March (Thursday-Saturday): Egypt Projects, Egypt International Exhibition Center, Nasr City, Cairo. 14-16 March (Thursday-Saturday): FabEx Middle East, Egypt International Exhibition Center, Nasr City, Cairo. March (date TBD): Traders Fair, Nile […]
Posted inWhat We're Tracking Today
What we’re tracking on 13 March 2019
The Federation of Egyptian Industries is kicking off an African tour series this week that will see a delegation head to Zambia and South Africa. It’s the first of what the federation says will be six to eight visits to other African countries this year to stump for business. The federation’s website has more, as […]
Posted inEnterprise+: Last Night’s Talk Shows
The Japanese business delegation meet with PM Madbouly to talk investment
A visiting Japanese business delegation made the airwaves last night. Al Hayah Al Youm’s Khaled Abu Bakr said the delegation proposed to Egyptian officials, led by Prime Minister Moustafa Madbouly, potential moves to improve the country’s attractiveness as an investment destination (watch, runtime: 02:03). The delegation also highlighted obstacles that could potentially face Japanese investors […]
Posted inSpeed Round
Government is considering issuing green bonds locally
EXCLUSIVE- Egypt considers local green bond issuance: The Madbouly government is studying the possibility of moving ahead with a local issuance of green bonds in tandem with a planned international issuance in 4Q2018-19 or 1Q2019-20, a senior government official told Enterprise. The issuance of green bonds comes as part of the government’s new comprehensive debt […]
Posted inSpeed Round
Ignore February’s inflation data: The CBE could still cut rates this month- Capital Economics
Ignore February’s inflation data: The CBE could still cut rates this month, Capital Economics suggests: February’s unexpectedly high inflation rates are unlikely to deter the Central Bank of Egypt (CBE) from pushing ahead with rate cuts — and it may even opt to ease further this month, Capital Economics has said in a report. Data […]
Posted inSpeed Round
Algebra Ventures, Ezdehar Management partner to invest in Dsquares
INVESTMENT WATCH- Our friends at Algebra Ventures and Ezdehar Management have invested in loyalty solutions provider Dsquares, according to an emailed statement (pdf). The investment comes as Dsquares gears up to launch a new B2C consumer-tech product. With the launch of the app an a “strategic partnership with Algebra Ventures, we are very optimistic about […]