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** 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 […]
Author Archives: enterpriseam admin
Posted inUp Next
What we’re tracking this week and beyond
Elsewedy Electric and Arab Contractors will sign tomorrow final contracts for a USD 3 bn, 2.1 GW hydroelectric dam in Tanzania IDC will be hosting a gathering headlined CyberSecurity Strategies in the Banking Sector tomorrow at the Four Seasons Nile Plaza. You can register for the event here. Get briefed on Egypt’s tourism reform program […]
Posted inEGYPT IN THE NEWS
Egypt angry with Danish pics, British student released, yellow vests restricted
Still topping coverage of Egypt in the foreign press is an investigation into explicit images allegedly made by a Danish photographer atop the Khufu Pyramid, DW, New York Post, 10 daily and Sputnik News all picked up the story. Authorities have released a British student arrested on spying charges after he unwittingly took a photo […]
Posted inON THE FRONT PAGES
Egypt’s blossoming relations with Africa is again the overarching theme in state-owned dailies
Egypt’s relations with the rest of Africa are again the overarching theme in the three main state-owned dailies this morning (Al Ahram | Al Akhbar | Al Gomhuria). Also on the front pages today: The House of Representatives gave preliminary approval to a bill that would regulate retail shops (Al Ahram — we have more […]
Posted inWorth reading
Joseph Stiglitz on the drawbacks of GDP
We bring you our next installment of the “Is GDP a good measure of wellbeing” debate: In a nutshell, no, saysJoseph Stiglitz in his op-ed last week. Ten years ago, the International Commission on the Measurement of Economic Performance and Social Progress issued its report, Mismeasuring Our Lives: Why GDP Doesn’t Add Up. The report […]
Posted inWorth watching
Fintech trends in 2019
2019 could be a year of M&A for fintech: Fintech may be starting to mature enough that a wave of consolidation is inevitable, particularly as big industry players resort to acquisition to speed up their entry to the sector. Analysts polled by Bloomberg for a piece headlined Experts Predict the Five Big Fintech Trends of […]
Posted inDiplomacy + Foreign Trade
El Sisi talks cooperation with AIIB and COMESA chiefs
President Abdel Fattah El Sisi met with Asian Infrastructure Investment Bank (AIIB) President Jin Liqun yesterday to discuss cooperation in infrastructure projects, especially in the renewable energy and transport sectors, according to an Ittihadiya statement. El Sisi also met with COMESA Secretary General Chileshe Kapwepwe to discuss enhancing regional cooperation in development and other areas, […]
Posted inEnergy
First tender for 10 exploration blocks in the Red Sea to be launched in two weeks
The Oil Ministry will issue the first tender for 10 exploration blocks in the Red Sea within two weeks, once it has completed its seismic mapping of the area, Minister Tarek El Molla announced, according to Al Masry Al Youm. Tendering concessions there to the private sector is one of the ministry’s key agenda platforms […]
Posted inEnergy
First phase of Egypt-Sudan electricity interconnection project to go live next month
The first phase of the USD 60-70 mn power interconnection project with Sudan is expected to go live in January 2019, Electricity Minister Mohamed Shaker said, according to Al Mal. The two countries will exchange 200-300 MW of power in the first phase, which had Shaker had indicated would not go online for another six […]
Posted inHealth + Education
Hassan Allam partners up with US’s Nexford University to invest in Egypt youth
Hassan Allam Holding is joining forces with Washington-based Nexford University (NXU) to invest in the development of young Egyptian talent, the construction and engineering group said in a statement (pdf). Through the partnership, Hassan Allam will sponsor MBA programs for 40 of its employees along with 10 other Egyptians at Nexford. “As a key player […]