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Egypt’s role as regional energy hub gets a spotlight on CNBC: Opportunities for employment, business and even maintaining peace will all grow as a result of gas reserves in the Middle East, Oil Minister Tarek El-Molla told CNBC in an interview on Monday. Speaking at the BHGE Annual Meeting in Florence, Molla talked about his […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Egypt improves rating in 2018 Transparency International Corruption Perceptions Index
Egypt improves rating in 2018 Transparency International Corruption Perceptions Index: Egypt’s rating in the 2018 Transparency International Corruption Perceptions Index inched up to 35 points this year from 32. The widely followed index, designed to give a sense of public sector corruption, rates countries on a scale of zero (highly corrupt) to 100 (very clean). […]
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
Foreign Minister Sameh Shoukry will head to Jordan today to attend a ministerial consultative meeting on Thursday to discuss key regional issues, according to a ministry statement.
Posted inImage of the Day
What’s the cost of financial corruption?
What’s the cost of financial corruption? As it turns out, much higher than we had initially guessed. This nifty interactive infographic from Bloomberg lets you track a few of the more outrageous heists that money launderers have pulled off in recent years — all enabled by banks and other mechanisms — along with the punitive […]
Posted inEGYPT IN THE NEWS
Arrest of 54 planning to protest on revolution anniversary tops coverage of Egypt
Topping coverage of Egypt in the foreign press is the arrest of 54 people suspected of planning to take part in violent protests on the anniversary of the 25 January revolution.The Interior Ministry said the group was being directed by a Turkey-based Ikhwan member. The statement did not provide details on the identity of those […]
Posted inON THE FRONT PAGES
El Sisi talks strategic cooperation with Russia
Talks on strategic cooperation between President Abdel Fattah El Sisi and Russian Security Council Secretary Nikolai Patrushev dominate the front pages of the country’s three main state-owned dailies this morning (Al Ahram | Al Akhbar | Al Gomhuria).
Posted inWorth reading
China’s stake in cutting-edge microchip technologies prompts questions without easy answers
Chinese state-controlled funds are being funneled into companies producing key microchip technologies, prompting questions on whether this state involvement is a matter of chance or a deliberate governmental knowledge-acquisition strategy, Emily Feng writes for the Financial Times. Beijing’s purchase of Swedish company Silex Microsystems, for one, was a highly intentional move gain Silex’s expertise in […]
Posted inWorth watching
No inflation, no cry
No inflation, no cry: The Bank of Jamaica has turned to reggae to make its core message about inflation more accessible to the public. In a series of short, catchy videos, the bank aims to convey a clear takeaway to its customers: “Low and stable inflation is to the economy what the bass-line is to […]
Posted inDiplomacy + Foreign Trade
Egypt working on new incentive program to boost exports
Prime Minister Moustafa Madbouly has begun discussions with export councils on a new, and more efficient, incentives program the Trade Ministry is working on to replace the current one, according to a Cabinet statement. Madbouly will begin next week holding separate meetings with the councils amid efforts to boost exports to tighten Egypt’s trade deficit, […]