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It would appear that EgyptAir will begin shipping cargo on its commercial flights to the US, after a suspension dating back to 2015, according to a report by MENA news agency. The move follows a meeting between US Secretary of Homeland Security Kirstjen Nielsen and Civil Aviation Minister Younes Al Masry, where Nielsen declared that […]
Author Archives: enterpriseam admin
Posted inEgypt Politics + Economics
EU court rejects Mubarak appeal to lift sanctions on Europe assets
The European Court of Justice rejected yesterday an appeal by former Egyptian President Hosni Mubarak to lift a freeze on his assets in Europe, Al Mal reports. The EU court renewed in 2017 and 2018 sanctions that were imposed on Mubarak and his family for alleged embezzlement of state funds following the 2011 uprising.
Posted inNational Security
Egypt says 27 terrorists killed in Sinai, border with Libya
Security forces killed at least 27 suspected terrorists in the northern Sinai Peninsula and along Egypt’s border with Libya, according to an Armed Forces statement.
Posted inSports
Amro Tarek transfers to New York Red Bulls
To all our MLS fans, Egyptian defender Amro Tarek has just been bought by the New York Red Bulls from Orlando City, the Red Bulls announced yesterday.
Posted inMy Morning Routine
Marc Lambert, Managing Director of Yellow Media
My Morning Routine looks each week at how a successful member of the community starts their day — and then throws in a couple of random business questions because we simply can’t help ourselves. This week’s interview is with Marc Lambert, managing director of Yellow Media (formerly Egypt Yellow Pages). He is also the author […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.86 | Sell 17.95 EGP / USD at CIB: Buy 17.86 | Sell 17.96 EGP / USD at NBE: Buy 17.78 | Sell 17.88 EGX30 (Wednesday): 12,857 (+1.5%) Turnover: EGP 1.1 bn (37% above the 90-day average) EGX 30 year-to-date: -14.4% THE MARKET ON WEDNESDAY: The EGX30 ended […]
Posted inCALENDAR
December: The government will announce the second phase of its privatization program before year-end, Public Enterprises Minister Hisham Tawfik said. The committee overseeing the state privatization program is also scheduled to hold a meeting next month to look into how market conditions developed since the privatization program was put on ice 13 December (Thursday): Egyptian […]
Posted inWhat We're Tracking Today
What we’re tracking on 12 December 2018
** If you’re reading this and a friend or colleague isn’t, tell them to head to www.enterprise.press to read this morning’s edition. They should also check the folder to which bad email is directed and (on Gmail) the non-inbox tabs to which unsolicited email goes. We’re working to resolve some deliverability issues we’ve had in […]
Posted inWhat We're Tracking Today
Jamal Khashoggi and journalists named Time Person of the Year 2018
Time Magazine has named Jamal Khashoggi and other journalists as its Person of the Year for 2018 in a series of four black-and-white covers headlined The Guardians and the War on Truth. Also included: Journalists at the Capital Gazette in Maryland, where five journalists were gunned down last June; Maria Ressa, a chief executive of […]