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** #7 World Bank’s new “human capital index” sees Egypt’s productivity levels dropping; country ranks 104 out of 157: Egypt ranked 104 out of 157 on the World Bank’s newly-launched Human Capital Index (HCI). The index takes into consideration factors such as probability of survival to age 5, adult survival rates and expected and learning-adjusted […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Xerox Egypt appoints Ehab Guindi as MD
MOVES- Xerox Egypt appointed Ehab Guindi (LinkedIn) as its new managing director, according to Al Mal. Guindi, who succeeds Mohamed Amer, had formerly been MD of Xerox Saudi and was most recently the assistant vice president of operations of the tech wing of Saudi-based Olayan Financing Corporation.
Posted inSpeed Round
Clarification, Sherif Salem is not new as Sony country head for Egypt
CLARIFICATION- We reported yesterday that Sony Mobile had recently tapped former Motorola Mobility regional sales lead Sherif Salem (LinkedIn) as its new country head for Egypt. Salem has in fact been on the job since last March. We apologize for the mix-up; the story has since been corrected on our website.
Posted inSpeed Round
Enterprise is hiring
** 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
Egypt will reportedly select a manager for its new sovereign wealth fund “within days,” Planning Ministry sources tell Youm7. The executive regulations for the law governing the SWF should be with Cabinet for review by mid-October, our sources had told us. Sphinx International Airport in Giza is slated for inauguration “in the coming weeks,” according […]
Posted inImage of the Day
Divided north and south Sudan united on a basketball court
Sudan and South Sudanese unite on a basketball court in Cairo in the College De La Sainte Famille church in Ramses, never minding the split back home, Reuters reports. The players — some from South Sudan, some from Sudan, others from elsewhere in Africa — gather at the spot at least twice a week.
Posted inEGYPT IN THE NEWS
Egypt detains Morsi’s youngest son after AP interview
Former President Mohamed Morsi’s youngest son, Abdullah, was released on bail after having been detained for questioning yesterday. Abdullah Morsi had told reporters last week that his father is imprisoned under poor conditions, a judicial source said, according to Reuters. Ahmed Morsi, Abdullah Morsi’s older brother, said security forces arrested Abdullah from the family house […]
Posted inWorth watching
Toyota Egypt’s new ad has one real message: Misogyny sells
An English-language Toyota ad has gone viral in Egypt — and is being slammed for delivering the message that misogyny sells. The minute-long advert dubbed “Made For Men #MFM” has been viewed nearly 3 mn times, and the comments section is alive with debate over whether it’s blatantly sexist or is genuinely poking fun at […]
Posted inDiplomacy + Foreign Trade
SMEs Development Authority to sign EUR 15 mn loan with EIB end-October
SMEs Development Authority to sign EUR 15 mn loan with EIB end-October: The SMEs Development Authority is in the final stages of talks with the European Investment Bank (EIB) for a EUR 15 mn loan and expects to sign the agreement by the end of the month, the authority’s head of human and social development […]