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Author Archives: enterpriseam admin
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 central bank’s Monetary Policy Committee will meet to decide on interest rates on Thursday. The EGP 500 mn first part of the fourth phase of Cairo Metro Line 3 will open between 15-17 February, Al Mal reports. Suez Canal Authority boss Mohab Mamish will be in Moscow on 17 February to to move forward […]
Posted inTHE MACRO PICTURE
Risky business: Catastrophe bonds begin drawing insurers’ interest
Risky business: “Catastrophe bonds” and other securities where investors directly take on insurance risk in return for a premium are drawing the interest of the world’s biggest insurers,the FT reports. And although a spate of natural disasters in the last two years has brought with it investor losses, long-term sectoral growth is predicted, following the […]
Posted inImage of the Day
Feast your eyes on these Soviet-era control rooms
You can’t fight in here, this is the war room: This has been floating around for a while, but we cannot get enough of this collection of photographs of Soviet-era control rooms, via Design You Trust. Things we love about these pictures: 1) the buttons, the buttons, the buttons, 2) we have no idea what […]
Posted inEGYPT IN THE NEWS
All quiet on the foreign press coverage front for Egypt
On a blessedly quiet morning for Egypt in the foreign press, a headlines worth noting in brief: Four students were arrested last week after mocking Christian rituals in an online video, AFP reports. Love from Tunis: President Abdel Fattah El Sisi has the potential to do a great job in his presidency of the African […]
Posted inON THE FRONT PAGES
Egypt’s three state-owned dailies are still running with African Union-themed headlines
Egypt’s three state-owned dailies are still running with African Union-themed headlines on their front pages this morning as President Abdel Fattah El Sisi wraps up his visit to Addis Ababa (Al Ahram | Al Akhbar | Al Gomhuria). Al Ahram also features some highlights from the Egypt Petroleum Show, on which we have a full […]
Posted inWorth reading
Next-generation unicorns doing things their own way
Next-generation unicorns are doing things their own way: A new generation of tech start-ups hoping to become the world’s next unicorns — startups that rocket to a USD 1 bn valuation — are very different from their predecessors,Erin Griffith writes for the NYT. Globally, the number of unicorns has soared from 131 in 2015 to […]
Posted inEnergy
EETC signs LE 188 mn agreement for transformer station
The Egyptian Electricity Transmission Company has signed a EGP 188 mn agreement with EGEMAC for the construction of a transformer stationin Samannoud, EETC head Sabah Mashaly said, according to Al Mal. The transformer station will service increased demand in the delta region, and is expected to take a year to complete.
Posted inReal Estate + Housing
SODIC’s land has no real exposure to presidential decree
Real estate developer SODIC’s total land bank currently sits at 15.9 mn sqm, the company said, according to Al Mal. The total land under SODIC’s belt includes 6.2 mn sqm of coastal or highway-neighboring land, but the company noted that a recent presidential decree regulating such plots has had no effect on its holdings.