Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Egypt’s national U18 women's’ handball team lost their first 2018 youth world championship game against Chile, suffering a 23:12 defeat in what started out as a slow game, according to the tournament’s official website. The youth tournament kicked off yesterday in Poland and will run until 19 August. The team will still face Croatia, Denmark, […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Egypt retrieves lost manuscript dating back to early Islamic empire
An ancient Islamic manuscript lost by Egypt in the 1970s was retrieved after being spotted at a London auction. The ُEgyptian National Library reclaimed the manuscript, “the first known Islamic study of historical theory,” last month, according to the Associated Press.
Posted inON YOUR WAY OUT
Egyptian-American among candidates for Michigan governor race
Egyptian-American Abdul El Sayed could become the first-ever Muslim American US state governor, if he secures a victory in the gubernatorial race in Michigan in November, according to Al Arabiya. The 33-year-old democrat was born in Michigan to Egyptian parents and had formerly been the youngest Health Director in the history of Detroit. Al Arabiya […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.82 | Sell 17.92 EGP / USD at CIB: Buy 17.83 | Sell 17.93 EGP / USD at NBE: Buy 17.78 | Sell 17.88 EGX30 (Tuesday): 15,762 (+0.7%) Turnover: EGP 632 mn (28% below the 90-day average) EGX 30 year-to-date: +4.9% THE MARKET ON TUESDAY: The EGX30 ended […]
Posted inCALENDAR
05-09 August (Sunday-Thursday): CBE hosts 41st annual meeting of the Association of African central banks, Sharm El Sheikh, Egypt. 12 August (Sunday): Egypt’s Emirates NBD PMI reading for July released. 16 August (Thursday): CBE’s Monetary Policy Committee meeting. 21-25 August (Tuesday-Saturday): Eid Al Adha (TBC), national holiday. 28-29 August (Tuesday-Wednesday): CI Capital’s 5th Annual Egypt […]
Posted inSpeed Round
CBE / FinMin committee sets mechanism for selling gov’t bonds on the EGX
EXCLUSIVE- CBE / FinMin committee sets mechanism for selling gov’t bonds on the EGX: A joint central bank-finance ministry committee has decided on a new framework for selling government bonds on the EGX, a government source told Enterprise. This mechanism will allow the select banks and financial institutions who take part in government bond auctions […]
Posted inSpeed Round
Al-Babtain Power & Telecom Egypt contracts Premiere Securities to prepare IPO strategy
IPO WATCH- Al-Babtain Power & Telecom taps Premiere Securities to lead IPO: Al-Babtain Power & Telecommunication Co. Egypt reportedly contracted Premiere Securities to lead the company’s planned IPO on the EGX, the company said in a disclosure to Tadawul. Al-Babtain is a subsidiary of Saudi’s Al-Babtain Group, which manufactures power transmission and cellular network broadcast […]
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
EFIA to meet with FinMin next week to discuss Customs Act: The Egyptian Federation of Investors Associations (EFIA) will meet with Finance Minister Mohamed Maait next week to discuss their remarks on the latest draft of the Customs Act, deputy EFIA head Mohamed El Morshedy said yesterday. The federation’s reservations on the act are similar […]
Posted inEGYPT IN THE NEWS
Egypt, Israel, Hamas coordinate ceasefire agreement without involving PA
Topping coverage of Egypt in the foreign press this morning are continued pickups of Italy praising Egypt’s handling of the murder investigation of PhD student Giulio Regeni during Italian Foreign Minister Enzo Moavero Milanesi’s visit to Cairo. Prime Minister Mostafa Madbouly met yesterday with Milanesi to discuss potential cooperation and investments in several sectors in […]