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The Egyptian startup scene looks to Africa: Egyptian startups and venture capital funds are eager to expand into other African countries, Yasmeen Nabil writes for Wamda. Transportation startup Halan has begun operating in Sudan, smartphone manufacturer Silicon Industries Corporation is looking at multiple sub-Saharan countries, and Cairo-based incubator Flat6Labs is looking to expand in the […]
Author Archives: enterpriseam admin
Posted inSpeed Round
EU-Arab League summit finishes, bringing little to the table
EU-AL summit finishes without breakthrough agreement on migration: The EU-Arab League summit closed yesterday without a formal agreement between European and Arab leaders on migration and security coordination, with an Ittihadiya spokesman saying in a statement that delegates had agreed on the need to deepen existing partnerships. Both the Arab League and the European Union […]
Posted inSpeed Round
Rami Malek wins Best Actor Oscar
Egyptian-American actor Rami Malek won Best Actor at the Oscars for his performance as Queen’s Freddie Mercury in “Bohemian Rhapsody,” Reuters reports. Shouting out to his parents in his acceptance speech, Malek said: “We made a film about a gay man, an immigrant, who lived his life just unapologetically himself. … I am a first-generation […]
Posted inSpeed Round
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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 inUp Next
What we’re tracking this week and beyond
The EGP 500 mn phase 4A of Cairo Metro Line 3 is due to open “soon,” Cairo Governor Khaled Abdel Aal said, according to Ahram Gate. The 4 km phase will link four stations in Cairo: Harun, Heliopolis, Alf Maskan and Shams Club. A Russian delegation will visit Sharm El Sheikh and Hurghada airports sometime […]
Posted inTHE MACRO PICTURE
The developed world is slowing faster than emerging economies
The developed world is slowing faster than emerging economies: For all the talk for the EM slowdown over the past year, advanced economies are faring worse, Steve Johnson writes in the FT. While it is true that the IMF’s latest EM forecasts of just 4.5% growth in 2019 weren’t pretty, the slowdown is concentrated in […]
Posted inEGYPT IN THE NEWS
EU-Arab League summit continues to mull migration
Topping coverage of Egypt in the foreign press this morning was the closing day of the EU-Arab League summit and Rami Malek’s Oscar win. Other headlines worth noting in brief include: The magic of Upper Egypt: A piece from CN Traveler tells us “Why you need to visit Egypt this year”, reflecting on the beauty […]
Posted inON THE FRONT PAGES
EU-Arab League summit’s final day dominates the front pages
There was nothing in the front pages of Egypt’s top three state-owned papers but the EU-Arab League summit. Both Al Akhbar and Al Ahram are looking at the final declarations from the summit, hailing it as ushering in a new era of international cooperation. The Kumbaya spirit is alive and well in Al Gumhoria, which […]
Posted inWorth watching
How China’s economic slowdown affects other countries
The wide-ranging effects of China’s slowed economic growth can be hard to conceptualize, but the Wall Street Journal takes apart three separate subplots – oil exports, Chinese university students in Australia and reduced consumer confidence – to show just how far the ripples extend (watch, runtime 02:58). To take that last example, reduced consumer confidence […]