Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Russians will be able to fly to Sharm El Sheikh and Hurghada through Istanbul aboard two daily Turkish Airlines flights from Moscow launching by month-end, Global Travel International (GTI) Chairman Ali Okda said. “This indicates that as soon as the Russian government lifts its ban on [direct flights to] Sharm El Sheikh, Russian arrivals will […]
Author Archives: enterpriseam admin
Posted inOther Business News of Note
NACCUD to hire foreign companies to manage new capital services
The New Administrative Capital Company for Urban Development (NACCUD) is expected to sign soon contracts with Dutch, Chinese, and French companies to manage essential services, including transportation and sanitation, in the new capital, NACCUD Chairman Ahmed Zaki Abdeen told Egypt Today. Abdeen did not disclose company names or the expected cost of these services.
Posted inEgypt Politics + Economics
Egypt drafting framework for establishment of Africa investment risk insurance fund
The Investment Ministry has completed a preliminary draft of the framework to establish a risk insurance fund to encourage Egyptians to invest in Africa, Minister Sahar Nasr said during a Sunday meeting with Prime Minister Moustafa Madbouly, according to a Cabinet statement. The ministry is currently in talks with other ministries to incorporate their feedback […]
Posted inEgypt Politics + Economics
Egyptian Pharmacists Syndicate Head detained on assault charges
Cairo’s Central Prosecution has ordered the detention of Pharmacists’ Syndicate head Mohie Ebeid for four days pending an investigation into the assault of four journalists at the syndicate headquarters last month, according to Masrawy. Ebeid has been suspended from carrying out his duties since the incident.
Posted inEgypt Politics + Economics
Court sentences former Egypt judge, Islamist to nine years for profiteering
Cairo Criminal Court sentenced on Sunday former Judge Waleed Sharaby to seven years in prison, and handed him an EGP 688k fine on charges of illicit gains, reports Masrawy. An investigation proved Sharaby made EGP 688,827 in illegal gains during his career as a judge. He was removed from his judiciary position in 2013 for […]
Posted inON YOUR WAY OUT
Criticised Egyptian sculptor strikes back with breathtaking collection
Unique sculptor stands against mockery: Mai Abdullah, the Minya-based sculptor mocked and ridiculed for her “less-than-optimal” statue depicting Mohamed Salah last year, has recently displayed some breathtaking work, declaring that she will not abandon her style despite being subjected to wide criticism. Her recent work includes statues of prominent Egyptian actor Yehia El Fakharany and […]
Posted inThe Market Yesterday
The Market Yesterday
EGP / USD CBE market average: Buy 17.87 | Sell 17.96 GP / USD at CIB: Buy 17.89 | Sell 17.96 EGP / USD at NBE: Buy 17.78 | Sell 17.88 EGX30 (Sunday): 13,343 (+0.6%) Turnover: EGP 571 mn (28% below the 90-day average) EGX 30 year-to-date: +2.4% THE MARKET ON SUNDAY: The EGX30 ended […]
Posted inCALENDAR
10-13 January (Thursday-Sunday): International Property Show (IPS), Egypt International Exhibition Center. 17 January (Thursday): Talent in the Digital Era, Galleria40, Cairo, Egypt. 19 January (Saturday): Cairo Criminal Court scheduled hearing of Gamal and Alaa Mubarak’s stock market manipulation case. 20 January (Sunday): Cairo Court of Urgent Matters to hear an amendment to the constitutional to […]
Posted inWhat We're Tracking Today
What we’re tracking on 06 January 2019
We here at Enterprise would like to wish all our readers a very merry Christmas as the Coptic Orthodox Church celebrates Christmas tomorrow. As it is also a national holiday, we will not be running an issue on Monday, and will return on Tuesday, 8 January. Sadly, we cannot report that year’s festivities would go […]