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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
140 Egyptian companies are due to participate in Gulfood 2019, the world’s largest food and beverage exhibition, which is scheduled to take place from February 17-21 at the Dubai World Trade Center, according to Egypt Today. Egypt's Food Export Council head Hani Berzi said on Sunday that the companies participating are prominent in the food […]
Posted inImage of the Day
The collateralized loan obligation (CLO)
The collateralized loan obligation (CLO): The slightly better-behaved sibling of the collateralized debt obligation (CDO), the asset class that — lest we forget — came so close to ruining the Western financial system in 2007-08. As part of its deep-dive series into the leveraged loans market, the FT has the low-down on these debt instruments. […]
Posted inEGYPT IN THE NEWS
Egypt’s release of Tramadol smuggler tops coverage in the UK press
News of UK tourist Laura Plummer’s imminent release from Qanater prison after serving 14 months of a three-year sentence features heavily in the UK press today, with the Guardian and the BBC giving something close to measured coverage. Other outlets — notably the tabloids — linger over the more lurid details. Plummer was stopped at […]
Posted inON THE FRONT PAGES
El-Sisi’s meeting with Macron dominates front pages of Egypt’s state dailies
President Abdel Fattah El Sisi’s meeting with French President Emmanuel Macron dominates the front pages of the country’s three main state-owned dailies this morning (Al Ahram | Al Akhbar | Al Gomhuria). Al Ahram highlights El Sisi’s remarks that there is a difference between freedom of thought and destroying the country, while Al Gomhuria highlighted […]
Posted inWorth reading
Strength through diversity: The case for hybridization
Want to protect your kid from the robot apocalypse? Ask yourself how they can mix creative and technical skills in new jobs. As markets evolve and competition for jobs increases, so must professionals diversify their skill sets to span the divide between what is technical and what is creative. This is the central premise of […]
Posted inEnergy
First of Egypt’s EBRD-financed solar plants goes live in Benban
Infinity Solar’s 30 MW solar power plant, the first of 16 solar plants financed by the European Bank for Reconstruction and Development (EBRD) in Aswan’s Benban solar park, has been completed and connected to Egypt’s national electricity grid, EBRD said on Monday. The plant was co-financed by the Dutch Development Bank (FMO) and the Green […]
Posted inInfrastructure
Cyprus-based EDT to invest in Egypt’s Damietta Port in oil and gas logistics
Cyprus-based EDT Offshore is mulling investing in Damietta Port to support oil and gas companies in offshore exploration, local news reported. There was no mention of the value, timeframe, or exact nature of the investment. EDT, which already has a rep office in Alexandria, supports oil and gas activities through onshore bases, vessel maintenance, and […]
Posted inTourism
Egypt to develop St. Catherine Airport at a cost of EGP 1 bn
Egypt is planning to spend EGP 1 bn to develop St. Catherine Airport in South Sinai, Civil Aviation Minister Younes El Masry said. The upgrades will see a new runway, passenger terminal and other buildings added, he said, according to Al Mal. The minister did not explain what the government is doing investing this much […]