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Author Archives: enterpriseam admin
Posted inUp Next
What we’re tracking this week and beyond
The Egypt Investment Forum kicks off on Saturday at Al Masa Hotel Nasr City, and continues on Sunday at the Nile Ritz Carlton. Discussion will focus on Africa, with an emphasis on trilateral cooperation between Egyptian companies, GCC-based investors and suppliers based in developed economies. Also look for public-private partnership strategies for infrastructure and urban […]
Posted inTHE MACRO PICTURE
Risky EM debt pays over the long term — if you can brave the prospect of default
Risky EM debt pays over the long term — if you can brave the prospect of default: Bondholders expose themselves to greater risk of default by investing in emerging market debt, but defaults aren’t necessarily a bad thing if you’re a long-term investor, James Mackintosh writes in the WSJ. New research examining bond issuances since […]
Posted inImage of the Day
Reminiscing about a greener Egypt
If you have ever looked around greater Cairo and wondered how things became so drab, this piece from Masrawy has you covered. Reminiscing about the lush greenery and towering palm trees that used to define the Nile Delta region, this stunning photo gallery laments the urban sprawl that has slowly made redbrick buildings the dominant […]
Posted inEGYPT IN THE NEWS
Foreign press had human rights on the brain again
The international press has human rights on the brain once again. Foreign Minister Sameh Shoukry’s trip to Geneva for the UN Human Rights Council Meeting topped coverage of Egypt in the foreign press this morning. And on related notes: Egypt’s human rights problems “expanded” during 2018, Amnesty International said in its annual MENA report. Another […]
Posted inON THE FRONT PAGES
Nationwide campaign to promote constitutional amendments commences
Nationwide campaign to promote constitutional amendments commences: The front pages of the three largest state-owned newspapers are a mixed bag this morning now that the EU-Arab League summit is over and done with. Topping coverage in Al Ahram is the launch of a nationwide campaign by “55,000 civil society organizations” and some NGOs to “promote […]
Posted inWorth watching
Egypt’s economy will be both better but also the same in 2019, according to expert tarot card reader
Egypt’s economy will be both better but also the same in 2019, according to expert tarot card reader: Wondering how Egypt’s economy will perform in 2019? Look no further than this “expert” tarot card reading featured on Amr Adib’s El Hekaya (watch, runtime: 2:27), who suggests things will both improve and stay the same, but […]
Posted inWorth reading
Zimbabwe’s currency floatation labeled ‘voodoo economics’
Currency reforms being undertaken by Zimbabwe’s central bank have been labeled “voodoo economics” by the country’s former finance minister, according to the FT. The central bank on Monday unpegged the RTGS (a newly-created currency made up of bond notes and electronic ZWD) from the USD, allowing banks to trade it at market rates instead of […]
Posted inDiplomacy + Foreign Trade
South Korea looking to increase investments in Egypt
South Korean companies explore raising investments in Egypt: South Korea is looking to boost economic ties with Egypt, Prime Minister Lee Nak-yeon said yesterday during meetings in Seoul with an Egyptian delegation which included Investment Minister Sahar Nasr, Finance Minister Mohamed Maait and Suez Canal Authority (SCA) Chairman Mohab Mamish, the Investment Ministry said in […]
Posted inInfrastructure
Polaris, ARDIC, SIAC to develop infrastructure for 1 mn sqm in SCZone
A consortium of Polaris Al Zamil, ARDIC for Real Estate and Developments and SIAC Holding has begun developing infrastructure for 1 mn sqm in the Suez Canal Economic Zone (SCZone), Polaris Deputy General Manager Bassel Shuaira said. The project was part of an MoU signed between the consortium and the SC Authority in 2017 to […]