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An Egyptian court handed down on Thursday prison sentences to 65 people on charges of establishing a terrorist group and declaring allegiance to Daesh, Youm7 reports. The court handed down life sentences to 18 of the defendants, while 41 were sentenced to 15 years in prison and another six to five years each. The prosecutors […]
Author Archives: enterpriseam admin
Posted inNational Security
Egypt, Libya, Ethiopia, Sudan to establish joint border protection force
Sudan is planning to establish separate joint border protection forces with each of Egypt, Libya, and Ethiopia, Sudanese Defense Minister Awad Ibn Ouf said, according to Sudan Tribune. Egypt and Sudan reached a military cooperation agreement in August to work together on border security and anti-terrorism operations.
Posted inSports
Egypt’s Hedaya Malak wins silver in Croatia Open 2018
Egyptian taekwondo player Hedaya Malak clinched a silver medal on Saturday in the 76 kg women’s category during the 24th Croatia Open 2018 in Zagreb, according to Youm7.
Posted inSports
Egypt’s Pharaohs on a winning streak during Arab Men’s Basketball Championships
Egypt’s national basketball team was on a winning streak at the 23rd Arab Men’s Basketball Championship over the weekend. The Pharaohs beat Algeria 69-62 at the opening match last Thursday, Egypt Today reports, went on to to win their Friday match against the UAE 82-69, and finally beat Bahrain last night 61-55. The championship runs […]
Posted inON YOUR WAY OUT
Egyptian public policy center wins USD 100k Atlas Network award
Egyptian public policy center wins USD 100k Atlas Network award: Atlas Network has selected the Egyptian Center for Public Policy Studies (ECPPS) as this year’s winner of its USD 100k Templeton Freedom Award for its “Better Budget for a Better Egypt” initiative. Atlas Network said the initiative “helped bring about the country’s 25-point jump in […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.85 | 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): 13,733 (+0.9%) Turnover: EGP 959 mn (32% above the 90-day average) EGX 30 year-to-date: -8.6% THE MARKET ON THURSDAY: The EGX30 ended […]
Posted inCALENDAR
13-29 November (Tuesday-Thursday): UN Biodiversity Conference, Sharm El Sheikh, Egypt. 14 November (Wednesday): Egypt M&A and Private Equity Forum, Nile Ritz Carlton Hotel, Cairo, Egypt. 14-15 November (Wednesday-Thursday) Digitalisation: opportunities for innovation in consultancy, Marriott Mena House Hotel, Cairo, Egypt 15 November (Thursday): CBE’s Monetary Policy Committee meeting.15 November (Thursday) 15 November (Thursday): The T20 […]
Posted inWhat We're Tracking Today
What we’re tracking on 8 November 2018
We end the news week on a relatively quiet note, friends: Wednesday was slow in Egypt and there was no overnight pickup in news. Meanwhile, the international business press is squarely focused on the Democrats’ victory in the US midterm elections (they took back the House, but not the Senate) and the fact that The […]
Posted inEnterprise+: Last Night’s Talk Shows
A slow night on the airwaves to match a slow night in the news
The airwaves were as slow as the rest of the news last night, leaving the talking heads with little to discuss. Prime Minister Moustafa Madbouly has formed a committee to amend the controversial NGOs Act, as per President Abdel Fattah El Sisi’s order earlier this month, Masaa DMC’s Osama Kamal and Yahduth fi Masr’s Sherif […]