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MOVES- Sahar El Damati has resigned from her position as Vice Chairman at Banque Misr. According to a copy of the resignation letter printed on Youm7, El Damati left to pursue a career in academia. El Damati was Vice Chairman for just under a year. MOVES- Omar Ramzy was appointed head of Banque du Caire’s […]
Author Archives: enterpriseam admin
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 inTHE MACRO PICTURE
Emerging markets to grow in sync in 2018
Emerging market economies are in for a “rare burst of synchronized growth” this year, for the first time since 2011 and with very few exceptions, Steve Johnson writes for the Financial Times. While it is unusual for EMs to experience simultaneous growth, it likely the impact of “growth-supportive monetary policy in the US and eurozone, […]
Posted inImage of the Day
One small finger bone is helping to challenge theories of human migration
One small finger bone is helping to challenge theories of human migration: A small fossil finger bone found at an archaeological site in Saudi Arabia is lending further credence to the idea that Homo sapiens migrated out of Africa much more than 60,000 years ago, according to Cosmos Magazine. Testing on the bone established that […]
Posted inEGYPT IN THE NEWS
Expanding the military’s role under El Sisi’s rule has affected politics, economy, and security
The military’s expanding role in Egypt under President Abdel Fattah El Sisi has had adverse effects on the country’s economy, security, and political scene, Abdallah Hendawy writes for Reuters. Whereas previous regimes in Egypt also relied on the armed forces to control core positions in the state, El Sisi “brought the military out of the […]
Posted inEGYPT IN THE NEWS
Australian food provider recalls pomegranate arils imported from Egypt over hepatitis A scare
Australian fruit provider Creative Gourmet has recalled pomegranate arils imported from Egypt over a link to a hepatitis A outbreak in New South Wales, Food Safety News reports. All seven individuals with confirmed infections reported eating the same pomegranate products, and the New South Wales Food Authority has confirmed that Australian-grown pomegranates are not linked […]
Posted inEGYPT IN THE NEWS
Other international headlines worth noting in brief:
Other international headlines worth noting in brief include: Cairo is sending officials to Gaza to push the “faltering reconciliation agreement” between Hamas and Fatah, the Times of Israel reports. The Committee to Protect Journalists (CPJ) urged authorities to “immediately release” three local journalists, while Reporters Without Borders launched a social media campaign for imprisoned photojournalist […]
Posted inOn Deadline
Digitizing the government and all its services is integral to cutting costs and spurring investments
Digitizing the government and all its services is integral to cutting costs and spurring investment, Mohamed Youssef writes for Al Shorouk. Investment in technology would not only make people’s lives easier by reducing the need for visiting government offices and doing paperwork, but it would also help the state cut back on expenses, Youssef says.
Posted inWorth watching
Sleep well last night? You can thank your genes for that.
Sleep well last night? You can thank your genes for that. According to an experiment by a group of US scientists, a specific gene is necessary to ensure a good night’s sleep, and cases of that gene being mutated or altogether absent are consistently connected to having a fitful sleep. The theory also holds up […]
Posted inDiplomacy + Foreign Trade
Shoukry to meet Cypriot counterpart in Cairo
Foreign Minister Sameh Shoukry is meeting with his Cypriot counterpart Nikos Christodoulides in Cairo today, according to the State Information Service (SIS). The two will discuss their tripartite cooperation agreement with Greece over energy resource development in the East Mediterranean. The two countries are working on connecting Cyprus’ Aphrodite gas field to one of Egypt’s […]