ODH aims to turn Gouna into year-round business destination, inks business park contract with German tenant: Orascom Development Holding announced yesterday it had signed a USD 6.7 mn, nine-year lease agreement with a German company for the first business park the developer is building in El Gouna. “ODH will build the office building for the […]
Author Archives: enterpriseam admin
CIB becomes the first ME company to feature in London Business School case study
CIB is the first Mideast corporation to feature in a London Business School case study: Our good friends and sponsors at CIB have become the first Middle East corporation to feature in a case study by the London Business School. To mark the occasion, CIB Chairman Hisham Al Arab recently gave a talk on the […]
CI Capital signs brokerage services agreement with Maybank Kim Eng
CI Capital signs brokerage services agreement with Maybank Kim Eng: CI Capital has signed an agreement with Malaysia-based Maybank Kim Eng to provide the latter’s clients with brokerage services, according an emailed statement (pdf). “Under the agreement, CI Capital will provide Maybank Kim Eng’s clients streamlined solutions covering execution, research and corporate access for the […]
Top Egyptian lawyers among appointments to the ICC’s International Court of Arbitration
Deputy Justice Minister El Bahabety named as honorary member to the ICC’s International Court of Arbitration: Our friend Moustafa El Bahabety, the deputy justice minister for arbitration and international disputes, was named as an honorary member of the ICC. El Bahabety has been a judge on the ICC since 2005 and had reached his term […]
Amr El Bahey selected as CEO and country head of Mashreq Bank-Egypt
MOVES- Amr El Bahey was named as the CEO and country head of Mashreq Bank-Egypt, according to Al Mal, replacing Mohamed Aly. Prior to the appointment, El Bahey was regional head of client network banking, business development and planning for MENA and Turkey at HSBC Middle East. Mashreq’s board approved the appointment was last month.
Amani Al Rafei named as Chairman of Admin. Prosecution Authority
MOVES- Amani Mohamed Al Rafei has been appointed by presidential decree as head of the Administrative Prosecution Authority effective 1 July 2018, Ahram Gate says. She was most recently deputy chief of the Appeals Chamber Technical Bureau at the Administrative Prosecution Authority.
New heads for NTRA, ITIDA, Egypt Post “coming soon,” according to unnamed ICT official
Major shake-up “coming soon” at the ICT ministry, an unnamed senior official tells Youm7. Egypt Post chief Essam El Saghir is reportedly exiting, the newspaper says, adding that its source claims the National Telecommunications Regulatory Authority (NTRA) will get a permanent boss. Moustafa Abdel Wahed has led the authority on an acting basis since July […]
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Egypt finishes bottom of group at 2018 World Cup
Topping the foreign press’ coverage of Egypt this morning is the Pharaohs’ last-minute loss to Saudi Arabia, which scored a “last-gasp” 2-1 win over Egypt and gave KSA its first World Cup win since 1994. Egypt’s last-place finish in its group is likely to “heap pressure” on the national team’s coach Hector Cuper, Reuters reports. […]
Egypt should follow a long-term, sustainable plan to combat inflation
The government’s efforts to keep prices in check are not sustainable in the long run, Ziad Bahaa El Din argues in a piece to Al Shorouk. Rather than trying to impose greater oversight on the market to regulate prices — which has proved inefficient for a number of reasons that include the large size of […]