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**#9 19 Egyptians make Forbes Middle East’s list of influential women: Nineteen Egyptian women were on the Forbes Middle East list of the most influential women in the Middle East, including Integrated Diagnostics Holdings CEO Hend El Sherbini; Zulficar and Partners Founding Partner Mona Zulficar; Noha El Ghazaly, managing director and head of investment banking […]
Author Archives: enterpriseam admin
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
Finance Minister Mohamed Maait will be at AmCham tomorrow for a lunch. The minister will speak about “Egypt’s financial reform agenda.” Members and their guests can register here. The E-Commerce Summit in Egypt takes place on Wednesday, 26 September. The central bank meets on Thursday, 27 September to review interest rates. The Egyptian-Sudanese ministerial committee […]
Posted inEGYPT IN THE NEWS
Egypt in the news on 17 September 2018
No one story this morning is driving the conversation about Egypt in the international press, but the Guardian’s editorial board launched a broadside attack on Egypt’s democracy that will get attention. The editors are writing to condemn the death sentences handed down to over 70 people in a mass trial stemming from the Rabaa Adawiya […]
Posted inOn Deadline
Opinion writers are mad we are losing at int’l arbitration
**#7 Opinion writers, unhappy Egypt is “losing” at int’l arbitration, simply miss the point: Since the USD 2 bn ruling handed down by the International Centre for Settlement of Investment Disputes in favor of Union Fenosa, opinion writers have expressed frustration at this “losing streak.” Ziad Bahaa El Din is urging in Al Shorouk the […]
Posted inWorth reading
Taxify is beating Uber in Africa
Why Taxify is beating Uber in Africa: It appears that ride-hailing giant Uber is being one upped by a smaller, Estonia-based competitor named Taxify, writes Alexandra Wexler for the Wall Street Journal. In just five years since its launch, Taxify has managed to take more active users (measured by the number of people who’ve used […]
Posted inWorth watching
Sin taxes can help improve public health
Does a sin tax actually work? Or do consumers just work around it? Taxes imposed on popular vices including sugar, tobacco and alcohol apparently result in an overall drop in sales of the taxed items that may point to lower consumption levels, according to The Economist. In the US for example, a 1% increase in […]
Posted inDiplomacy + Foreign Trade
Egypt, EIB sign two agreements worth EUR 32 mn
Egypt and the European Investment Bank (EIB) signed two agreements for grants worth EUR 32 mn (EGP 662 mn) to support sewage treatment projects in Kafr el Sheikh, according to an Investment Ministry statement. The agreements will allow EIB to help implement infrastructure projects throughout 79 villages. EIB had previously said that it intends to […]
Posted inBasic Materials + Commodities
Gov’t targets 1 mn tonnes of rice purchases to satisfy demand
The Supply Ministry is looking to purchase at least 1 mn tonnes from local farmers this harvest season, reports Al Mal. The government had announced earlier that it will pay local farmers EGP 4400-4700 for different strains, a lower-than-market price that is discouraging farmers.
Posted inHealth + Education
Education Ministry gives itself right to supervise US high school diploma curriculum
Education Minister Tarek Shawky signed a directive on Sunday which would give the ministry the right to supervise the curriculum for obtaining a US high school diploma in Egypt, according to a ministry statement picked up by Ahram Online. The move would allow the ministry to organize the curriculums and exams for these degrees through […]