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CIB has been included in the 2019 Bloomberg Gender-Equality Index (GEI), which recognizes efforts by companies across the globe to promote women’s equality(see full list (pdf). This is the first time an Arab or African company has been included in the index, according to a statement. The 2019 index includes 230 companies operating in 10 […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Deezer appoints Tarek Mounir as MENA CEO
MOVES- Deezer has appointed Tarek Mounir (LinkedIn) as MENA CEO, the company said (pdf). Mounir will join the global music streaming service on 1 April from broadcast media company Turner where he worked for over eight years.
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 inTHE ENTERPRISE CEO POLL
F. John Matouk — founding partner, Matouk Bassiouny
In barely a dozen years, Matouk Bassiouny has grown from a five-lawyer shop into one of the MENA region’s premier law firms with offices in Cairo, Dubai and Khartoum.As the firm continues to grow at rapid clip, the question high on the mind of F. John Matouk (LinkedIn) is how to preserve culture and ‘secret […]
Posted inTHE ENTERPRISE CEO POLL
Basel El Hini — Chairman and managing director, Misr Insurance Holding Company (MIHC)
We knew there had to be something to Basel El Hini (LinkedIn) not because we were, at a time, neighbors in Maadi (once upon a time and unbeknownst to each other), but because he has impeccable taste in modern American literature in the form of John Grisham. And forget about A Time To Kill or […]
Posted inThe Market Yesterday
The Market Yesterday
EGP / USD CBE market average: Buy 17.57 | Sell 17.67 EGP / USD at CIB: Buy 17.56 | Sell 17.66 EGP / USD at NBE: Buy 17.55 | Sell 17.65 EGX30 (Tuesday): 14,733 (+2.6%) Turnover: EGP 2.0 bn (134% above the 90-day average) EGX 30 year-to-date: +13% THE MARKET ON TUESDAY: The EGX30 ended […]
Posted inCALENDAR
07 February (Thursday): Egypt Building Materials Summit, Nile Ritz Carlton, Cairo, Egypt 11-13 February (Monday-Wednesday): Egypt Petroleum Show, Egyptian International Exhibition Center, Cairo. 14 February (Thursday): Central Bank of Egypt’s monetary policy committee meets to review interest rate. 19 February (Tuesday) The Cairo Economic Court to deliver decision on pharma distributors appeal, Egypt. 19-20 February […]
Posted inWhat We're Tracking Today
What we’re tracking on 5 February 2019
** The Enterprise 2019 CEO Week continues this morning as we touch base with some of Egypt’s leading CEOs about the questions that will define the coming 12 months across all industries. The conversations replace our industry news roundups, which will return next week. The format: Each CEO answered roughly the same set of questions, […]
Posted inEnterprise+: Last Night’s Talk Shows
IMF signs off on Egypt’s fifth USD 2 bn tranche, parliament discusses constitutional amendments
The airwaves gave us a mixed bag of nuts last night, with the talking heads touching on several topics without offering much by way of analysis. The IMF signing off on the disbursal of Egypt’s fifth USD 2 bn loan tranche (the details of which we have in Speed Round, below) came up on Al […]