Author Archives: enterpriseam admin

GB Auto boss expects car prices to remain high after zero-tariff cars from the EU enter the market in 2019: Don’t expect auto prices to go down once customs on cars imported from the European Union fall to zero next January, our friend GB Auto Chairman Raouf Ghabbour tells Al Mal. EU-based car assemblers will […]

MOVES- Orange Egypt has appointed Yasser Shaker as its new CEO to replace outgoing CEO Jean-Marc Harion, who resigned last week. Shaker, who will assume his role as of 1 May, was senior vice president and CTIO of Orange Middle East and Africa “where he contributed to the successful execution of the Orange Group's strategy […]

Government wants more private-sector investment in river transport: The River Transport Authority is planning to issue a tender to have the private sector develop and run ports along the Nile in early FY2018-19, which begins in July, authority head Abdel Azim Mohamed reportedly said on Tuesday. He added that an unnamed Saudi-Bahraini consortium is close […]

Is the state going to start forcibly reclaiming land from squatters? The committee tasked with repossessing state-owned land has reportedly refused to push the deadline on land registration and legalization beyond 14 June, sources close to the matter tell Al Mal. Authorities launched a nationwide campaign last year to clear unlicensed developments and reclaim land […]

LEGISLATION WATCH- El Sisi signs off on law establishing anti-terror council: President Abdel Fattah El Sisi signed off on legislation to establish the Supreme Council to Combat Terrorism and Extremism following House and Cabinet approval, according to the State Information Service (SIS). The council will be chaired by the President, with members including the head […]

Arab Fund to provide Egypt with USD 200 mn to fund electricity grid upgrades: Egypt signed a USD 200 mn funding agreement with the Arab Fund for Economic and Social Development to finance the development of Egypt’s electricity transmission network, according to a statement from the Investment and International Cooperation Ministry on Tuesday. The agreement […]

*** SMART PEOPLE WANTED. We’re hiring at both Enterprise and at our parent company, Inktank. We’re looking for critical thinkers who have outstanding English-language writing skills. Don’t apply if you are not (at an absolute minimum) unafraid of numbers. We offer a great, casual work environment, the opportunity to work with smart people who care […]