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Qalaa Holdings showcased its USD 4.3 bn petroleum refinery Egyptian Refining Company (ERC) as a case study for increasing the attractiveness of private investment through policy reform at the African Investment Forum in Johannesburg earlier this month, according to a press release (pdf). “This ability to access financing from development finance institutions (DFIs), export credit […]
Author Archives: enterpriseam admin
Posted inNational Security
41 countries to participate in EDEX 2018
41 countries are expected to participate in Egypt’s first Defense Expo, "EDEX 2018," which is scheduled to kick off on 3 December in Cairo, according to Ahram Online. Over 316 local and international companies are set to showcase military and security equipment at the expo.
Posted inSports
Egypt’s Hedaya Malak wins gold at French Open 2018
Egyptian taekwondo champion Hedaya Malak was awarded the gold medal in the 67 kg women’s competition during the French Open 2018 in Paris, after her opponent withdrew from the final match, Al Ahram reports.
Posted inON YOUR WAY OUT
Egyptian expat Ahmed Taha stabbed to death by Saudi man in Jazan
Egyptian pharmacist Ahmed Taha was stabbed to death by a Saudi customer in his place of work in the Saudi city of Jazan. Youm7 and Egypt Independent, among others, took note.
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 (Thursday): 13,682 (+1.4%) Turnover: EGP 882 mn (18% above the 90-day average) EGX 30 year-to-date: -8.9% THE MARKET ON THURSDAY: The EGX30 ended […]
Posted inCALENDAR
17-19 November (Saturday-Monday): ElectricX-Energizing The Industry, Egypt International Exhibition Center, Cairo, Egypt. 20 November (Tuesday): Prophet's Birthday (TBC), national holiday. 22 November (Thursday): US Thanksgiving. 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): […]
Posted inWhat We're Tracking Today
What we’re tracking on 16 November, 2018
We’ve done this 1,000 times now: You’re reading the 1000th issue of Enterprise this morning. We’re not going to make a lot of hoopla over it, but want each and every one of you to know how deeply we value your trust and the fact that you choose to begin your business day with us […]
Posted inWhat We're Tracking Today
Miscellany on 15 November 2018: PRemier league boss, Lieberman resigns in Israel, Levi Strauss to go public again
In miscellany this morning: Israeli Defense Minister Avigdor Lieberman resigned yesterday in protest of the Gaza ceasefire agreement recently signed between Israel and Palestinian factions, Reuters reported. For football fans and biz nerds: The English Premier League has tapped a new chief executive to take over when Richard Scudamore steps down next year after a […]
Posted inEnterprise+: Last Night’s Talk Shows
Speeding up progress on SWF; impact of zero tariffs on EU cars; Kuwaiti MP is mad at Nabila Makram Ebeid
Making use of untapped state-owned assets and the establishment of Egypt’s sovereign wealth fund were of much interest to the talking heads last night after the topics featured in a meeting between President Abdel Fattah El Sisi, Prime Minister Moustafa Madbouly, and Planning Minister Hala El Said. Political analyst Kamal Rayan told Al Hayah Al […]