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Egypt, World Bank ink healthcare loan: Speaking of long-term borrowing, Egypt and the World Bank signed a USD 530 mn loan agreement to support Egypt’s healthcare system on Tuesday, according to a statement from the Madbouly cabinet. The loan will fund a series of ambitious healthcare programs, including the survey and free treatment of Hepatitis […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Government to finetune and expand cash subsidy programs
The Social Solidarity Ministry wants to fine-tune and expand its cash subsidy programs, sources close to the matter said yesterday. The committee drafting the new measures — which brings together the ministers of social solidarity, finance, supply, and military production — recently expressed willingness to expand the scope of the government’s cash subsidy programs to […]
Posted inSpeed Round
IFC, EBRD commitment to renewables in Egypt has attracted investors, funds to the sector
MUST READ for renewable energy folks: IFC, EBRD commitment to renewables in Egypt has attracted investors, funds to the sector -Report: The commitment that lending institutions such as the International Finance Corporation and European Bank for Reconstruction and Development have shown to Egypt’s renewable energy projects has helped attract much needed funds into the sector, […]
Posted inSpeed Round
Radisson Hotel Group appoints Frédéric Feijs as Regional Director for Africa and Egypt
MOVES- Radisson Hotel Group has appointed Frédéric Feijs (LinkedIn) as its regional director for Africa and Egypt, according to Hospitality Net. Feijs was most recently HNA Hospitality’s Regional General Manager for French Polynesia.
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
Items that should be on your corporate and risk calendars: You have an opportunity to sneak in a long weekend: Monday, 23 July is a national holiday in observance of Revolution Day. Expect half the nation’s workforce to try to “bridge” the Sunday and get a three-day weekend. Also: President Abdel Fattah El Sisi will […]
Posted inImage of the Day
Japan’s exit from the World Cup came with some childhood nostalgia
Japan’s exit from the World Cup came with some childhood nostalgia: A massive banner of Captain Tsubasa — known to every Arab born in the 1970s and 80s as Captain Majed — was unfurled during its last game of the tournament. We couldn’t help but feel some kinship — and a little bit of the […]
Posted inEGYPT IN THE NEWS
Lebanese tourist sentencing continues to top coverage
It’s an extremely slow day for Egypt in the foreign press, with the sentencing of a Lebanese tourist who insulted Egypt in a Facebook post continuing to preoccupy international media attention.
Posted inOn Deadline
Egypt should step up implementation of anti corruption policies
Opinion writers take on corruption: With the arrest of Customs Authority head Gamal Abdel Azim, corruption is once again a topic for opinion writers. In a piece for Al Shorouk, Medhat Nafea offers his suggestions for cracking institutional corruption: Apparently, we need new laws to ensure the enforcement of existing laws.
Posted inWorth reading
Artificial intelligence could be really bad for emerging markets
Artificial intelligence could be really bad for emerging markets: The way developed economies adapt to the rise of automatiion won’t work for emerging markets, according to a study from the Center for Global Development. The crux of the issue is that artificial intelligence (robots) are mostly being used to take over jobs in unskilled sectors […]