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Egypt’s exports grew an estimated 10% y-o-y to USD 22.6 bn in 11M2018 from USD 20.4 bn in the same period last year, according to a Trade Ministry statement. Egypt expects the end-of-year total to reach USD 25 bn, Minister Amr Nassar said. Agriculture exports also increased 4.5% last year to reach 4.9 mn tonnes, […]
Author Archives: enterpriseam admin
Posted inEgypt Politics + Economics
Egypt court upholds sentence against activist Amal Fathy
An appeals court has upheld a two-year sentence and a EGP 10k fine handed last year to activist Amal Fathy on charges of violating public decency for posting a Facebook video recounting her experience with [redacted] harassment, Al Shorouk reports. The ruling means Fathy could be arrested anytime, pending her appeal to the Court of […]
Posted inEgypt Politics + Economics
El Sisi establishes anti-sectarian violence committee
President Abdel Fattah El Sisi has ordered the establishment of a committee to fight sectarian violence, according to a decree published in the Official Gazette (pdf). The committee, which is mandated with drafting a strategy to prevent and confront terrorist attacks against minorities, will be led by military and military intelligence representatives, as well as […]
Posted inEgypt Politics + Economics
Egypt approves legalization of 80 new churches
A cabinet committee approved the legalization of 80 churches on Friday, nine of which are pending the completion of documents to be fully legalized, according to a Cabinet statement. The government passed a new law back in 2016 on church construction in an effort to ease the process of obtaining a license to build a […]
Posted inNational Security
Egypt to launch online service for military conscription
The Armed Forces have inaugurated the first electronic platform for military conscription,according to a statement. The platform will provide all citizens, whether at home or abroad, with direct access to conscription services amid government efforts to push for digitization to boost efficiency and promote transparency.
Posted inSports
Egypt’s top rider Sameh El Dahan wins competition in Liverpool
Leading Egyptian equestrian Sameh El Dahan won last week an international show jumping competition in Liverpool, according to Equ News.
Posted inSports
Mohamed Salah among three players shortlisted for CAF award
Mohamed Salah, alongside Liverpool teammate Sadyo Mane and Arsenal’s Pierre-Emerick Aubameyang, has been shortlisted for CAF’s African Player of the Year Award, according to the federation's website. Salah was the first Egyptian footballer to claim the award last year, and could now rival the back-to-back records of African legends El Hadji Diouf, Samuel Eto’o and […]
Posted inSports
Egypt’s Elmohamady loses starting 11 spot at Villa following poor displays
British football club Aston Villa dropped Egyptian defender Ahmed Elmohamady from the team’s starting lineup, after scoring an own goal and conceding a penalty in recent games, Ahram Online reported. Villa’s fans are calling for the club to transfer Elmohamady to another team this month due to his performance.
Posted inON YOUR WAY OUT
Egypt’s Supreme Media Council blocks Mo4’s CairoScene and ElFasla
The Supreme Media Council has suspended Mo4 Network’s CairoScene and ElFasla after it received complaints that the websites were not properly licensed, according to Youm7. Members of the Journalists’ Syndicate had submitted a range of other complaints about the content of the network’s websites to the council, including “insulting the Egyptian passport.”
Posted inThe Market Yesterday
The Market Yesterday
EGP / USD CBE market average: Buy 17.87 | Sell 17.96 EGP / USD at CIB: Buy 17.89 | Sell 17.96 EGP / USD at NBE: Buy 17.78 | Sell 17.88 EGX30 (Monday): 13,036 (+0.7%) Turnover: EGP 1.167 bn (46% above the 90-day average) EGX 30 year-to-date: -13.2% THE MARKET ON MONDAY: The EGX30 ended […]