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It is the last week of Ramadan. We look forward to writing you next week in a more caffeinated state. The expectation right now is that Thursday will be the last day of Ramadan, with the Eid El Fitr holiday running Friday through Sunday, inclusive. And no, friends, there is no waqfa (or wa’fa, if […]
Author Archives: enterpriseam admin
Posted inWhat We're Tracking Today
Celebrity chef Anthony Bourdain found dead at 61
Celebrity chef and journalist Anthony Bourdain was found dead of an apparent suicide in a hotel room in France on Friday, CNN reports. The 61 year-old star of CNN’s award-winning series "Parts Unknown" rose to fame in 2000 with his best-selling book “Kitchen Confidential: Adventures in the Culinary Underbelly,” a behind-the-scenes expose on the world […]
Posted inUncategorized
What we’re tracking this week
All eyes will be on Russia this week as the World Cup kicks off in Moscow on Thursday, 14 June. The first match will be played between Russia and Saudi Arabia (Group A) at 5 pm CLT. Group member Egypt will play its first match in the tournament against Uruguay the following day (the first […]
Posted inON THE HORIZON
On the horizon
Saudi Arabia could be upgraded to MSCI emerging markets status this month. Unified port fees will permanently come into effect in July, SCZone chief Mohab Mamish has said, Youm7 reports. The World Bank is offering seed funding, access to mentorship for agritech startups through its “DigitalAG4Egypt” program. The deadline for submissions is 1 July. Tap […]
Posted inEnterprise+: Last Night’s Talk Shows
Last night’s talk shows for 10 June 2018
They’re still on hiatus. Look for them to grace the airwaves once more after Eid.
Posted inSpeed Round
Veteran housing minister Mostafa Madbouly tapped as prime minister-designate, will form the next cabinet
Veteran housing minister Mostafa Madbouly tapped as prime minister-designate, will form the next cabinet: Housing Minister Mostafa Madbouly was appointed on Thursday as Egypt’s next prime minister by President Abdel Fattah El Sisi, according to an Ittihadiya statement. Madbouly, who has served as housing minister since 2014 in the Mahlab and Ismail cabinets, is presently […]
Posted inSpeed Round
Egypt sovereign wealth fund to be launched at the end of the year, lots of room for private sector participation –Planning Minister
Egypt will launch its sovereign wealth fund at the end of the year and will begin a roadshow in 1H2019 to draw in private investment, Planning Minister Hala El Saeed tells Bloomberg in an interview. The fund, which will have authorized capital of EGP 200 bn and initial paid-in capital of EGP 5 bn, will […]
Posted inSpeed Round
Could the potential SODIC-MNHD merger come in the form of a share swap?
M&A WATCH- SODIC-MNHD to take the form of a share swap? It appears that the potential merger between our friends at SODIC and Madinet Nasr Housing and Development (MNHD) could take the form of a share swap, as it is “the path of least resistance,” MNHD CEO Ahmed El Hitamy reportedly said in a statement […]
Posted inSpeed Round
Finance Ministry receives seven international offers for fuel hedging
EXCLUSIVE- The Finance Ministry is reviewing seven offers of hedging services from international banks and institutions, government sources told Enterprise yesterday. They refused to disclose the name of the bidders, preferring to wait until a Finance Ministry committee was finished going through the offers, which is expected to happen in two months’ time. They did […]