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CORRECTION - Egyptian-Armenian artist Chant Avedissian worked with (and was inspired by) the famous architect Hassan Fathy, not Hassan Fahmy as we wrote yesterday. The story has been corrected on our website. Thank you to all of those who wrote and messaged to point out the error.
Author Archives: enterpriseam admin
Posted inSpeed Round
*** WE’RE HIRING: We’re looking for smart, talented, and seasoned journalists and editors to join our team at Enterprise, which produces the newsletter you’re reading right now. We’re looking for people who can work on this product and help us launch exciting new stuff. Applicants should have serious English-language writing chops, a strong interest — […]
Posted inUncategorized
** 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 […]
Posted inUp Next
What we’re tracking this week and beyond
Pitch for a spot in Fintech Cairo: Pharos’ Pride Capital has launched Fintech Cairo in partnership with global seed program organizer Startup Bootcamp, along with Pride Capital has launched. The six-month accelerator program will select 10 companies from a pool of applicants. Our friends at Pharos Holding, along with Bank of Alexandria and the German […]
Posted inEGYPT IN THE NEWS
Other news worth noting
On an otherwise very quiet news day for Egypt, AFP suggests newly discovered gas fields will be a lifeline for Egypt, while Human Rights Watch condemns the arrest of Islamist activists. Haaretz, meanwhile, seems to think that Hazem Beblawy is still prime minister, allowing an op-ed columnist to write that a letter allegedly from “Education […]
Posted inOn Deadline
Political reforms are necessary to attract investment in Egypt
Political reforms are part and parcel of the policies aimed at improving Egypt’s investment climate, Ahmed Galal writes for Al Masry Al Youm. While it’s well-known that investors look for profit and ease of doing business in a country, Galal points out that regulatory credibility and government trustworthiness also play a role in determining investors’ […]
Posted inWorth reading
Cultural hurdles make it difficult for Egyptian women to work
Cultural hurdles stall progress in female employment in Egypt: Even though gender equality has improved in Egypt, obstacles that are mostly rooted in cultural beliefs have stalled progress, Leslie T. Change writes for the New Yorker. Over the past two decades, the percentage of working women in Egypt has remained flat and actually dropped among […]
Posted inWorth watching
The next global recession: Are governments ready?
Economic and financial vulnerabilities making themselves apparent worldwide are pointing to a new massive slowdown over the next year or two, according to the Economist’s Ryan Avent. A decade after the 2008 global recession, the next global decline in economic activity could start in emerging markets, which have been “borrowing heavily” but contribute a large […]
Posted inEnergy
Shell aims to increase West Delta output to 450 mcf/d by end-2018-19
Shell aims to increase natural gas output from the West Nile Delta Burullus and Rashid fields to 450 mcf/d, by the end of FY2018-2019, up from a current 400 mcf/d, said a source from the Egyptian Natural Gas Holding Company (EGAS).
Posted inEnergy
Egypt’s IMS targets USD 500 mn in solar investments
Intelligent Micro Solutions (IMS) is currently in talks with several financial institutions and foreign companies to arrange USD 500 mn to finance the construction of solar power plants in Egypt, General Manager Magdy Saleh tells Al Shorouk. According to Saleh, the plants’ production capacities will range between 50 MW and 5 GW, and will meet […]