Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
House Rep. Khaled Abdel Gawad has submitted a proposal to increase policemen’s salaries and pensions, which he said is necessary to compensate for the high-risk nature of their work, Al Masry Al Youm reports. Parliament had signed off in June on a 15% increase in military and police pensions as of the beginning of FY2018-19.
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Traffic accidents drop by almost a quarter in 1H2018
The total number of road accidents in Egypt dropped 24.2% y-o-y in 1H2018 to 4,426, down from 5,826 in 1H2017,according to a CAPMAS report. The daily average number of incidents declined to 24.6 collisions per day, compared to an average of 32.4 during the same period last year. Fatalities from road accidents also dropped 19.1% […]
Posted inON YOUR WAY OUT
Egypt is getting a ‘virtual museum’ in the heart of Cairo
Egypt is getting a ‘virtual museum’: NGO Nature Conservation Egypt is setting up a museum equipped with VR technology to educate visitors about the Wadi Degla protectorate, BirdLife said. The Wadi Degla Virtual Museum will give a virtual walk-through of the park’s ecosystem, history, and forms of life. It is funded by the Global Environmental […]
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 (Monday): 13,049 (-0.8%) Turnover: EGP 794 mn (2% above the 90-day average) EGX 30 year-to-date: -13.1% THE MARKET ON MONDAY: The EGX30 ended […]
Posted inCALENDAR
End of November: A delegation from the Egypt-Greece Business Council will visit Athens at the end of November to promote investment, the council’s chairman, Hani Berzi, said. 25-28 November (Sunday-Wednesday): 22nd Cairo ICT, Egypt International Exhibition Center, Nasr City, Cairo. 26 November (Monday): The Financial Regulatory Authority (FRA) will look into an appeal by Beltone […]
Posted inWhat We're Tracking Today
What we’re tracking on 26 November 2018
*** Our 2019 reader survey ends tomorrow. Tell us whether you’re investing or hiring. What you expect the exchange rate to be. Whether interest rates are winds at your back — or headwinds. Take part in the largest poll of executive sentiment in Egypt. Today is your next-to-last last chance for you to weigh in. […]
Posted inWhat We're Tracking Today
Egyptian celebrities join campaign against [redacted] harassment in public transportation
PSA- Celebrities join national campaign against [redacted] harassment: An online and offline media campaign is sending a clear message that [redacted] harassment isn’t just morally wrong — it’s criminal. The campaign launched with a video tagged #Speak_up produced by corporate social responsibility campaigner Basitta and featuring celebrities Menna Shalaby and Hani Adel (watch, runtime: 1:29). […]
Posted inEnterprise+: Last Night’s Talk Shows
Cairo ICT expo leads the conversation on the airwaves
Leading the conversation on the airwaves last night was the Cairo ICT expo, which President Abdel Fattah El Sisi attended yesterday. CIT Minister Amr Talaat blanketed the airwaves to discuss the expo with the talking heads. Several government authorities launched digital services during the expo, including an online feature from Egypt Post that allows people […]
Posted inSpeed Round
FinMin, Federation of Egyptian Banks reach compromise on new accounting standards?
FinMin, Federation of Egyptian Banks working toward compromise on new accounting standards? The Finance Ministry and the Federation of Egyptian Banks (FEB) agreed at a meeting yesterday that proposed amendments to the tax code that could hit bank profitability won’t be applied retroactively to the start of this year, sources tell Al Mal. The ministry […]