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BUDGET WATCH- New state budget with prime minister, due to House on Saturday: The Finance Ministry handed the state’s FY2018-19 budget over to Prime Minister Sherif Ismail yesterday for review before it’s sent to the House of Representatives on Saturday, 31 March. As we noted on Monday, the budget includes a GDP growth target of […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Egypt’s first real estate fund prepares for second issuance in 2H2018
Egypt’s first real estate fund prepares for second issuance in 2H2018: Egypt’s first real estate fund is preparing for a second stock issuance for in-kind assets and cash in 2H2018 to increase the size of the EGP 80 mn fund, CEO Hashem El Sayed said. The fund is currently in talks with an unnamed Arab […]
Posted inSpeed Round
National Elections Authority to prosecute those who abstained from elections
National Elections Authority to prosecute those who abstained from voting: The National Elections Authority (NEA) will compile a list of those who failed to vote in the presidential election and file the list as part of a complaint to the prosecutor general, NEA head Lasheen Ibrahim said on the last day of voting yesterday, according […]
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 inImage of the Day
English people probably were not white 10,000 years ago
Meet the likely ancestor of Britons: A genetic analysis of the oldest human remains found in England has indicated that English people were much, much MUCH less pigment-challenged 10,000 years ago, according to Curiosity. Known as Cheddar man, his “genetic markers suggested that his skin pigmentation was closer to that of sub-Saharan Africa, pointing to […]
Posted inEGYPT IN THE NEWS
All anyone wants to talk about is the elections
All anyone wants to talk about is the elections. See story, above, in Speed Round.
Posted inOn Deadline
Columnist look to pre-empt a conversation on a cabinet shuffle
Columnist looks to pre-empt a conversation on a cabinet shuffle: When there’s an elections,there’s bound to be baseless talk of a cabinet shuffle. Come to think if it, even when there isn’t. Al Masry Al Youm columnist Sabry Ghoneim looks to preempt that conversation with her candidates. CBE Governor Tarek Amer and Administrative Control Authority […]
Posted inWorth reading
The global water crisis explainer
The global water crisis explainer: Egypt’s water crisis is not unique. As a matter of fact, the country is but a tiny node in an ever-growing global water crisis caused by population and development growth, poor water resources management and climate change, according to National Geographic. Fourteen of the world’s 20 megacities are now experiencing […]
Posted inDiplomacy + Foreign Trade
Saudi Strawberry ban to be lifted before November 2018
Saudi promises to lift strawberry, pepper import ban a little later than expected: Saudi Arabian authorities have reportedly agreed to lift the blanket ban on strawberry and pepper imports from Egypt ahead of the coming export season in November, sources from Egypt’s Agriculture Ministry said. Deputy Minister Safwat El Haddad had said earlier this month […]
Posted inDiplomacy + Foreign Trade
Palestinian intel chief in Cairo to accuse Hamas of assassination attempt
Palestinian intelligence chief Majid Faraj will visit Egypt today to present evidence that Hamas orchestrated the failed assassination attempt earlier this month on Palestinian Authority Prime Minister Rami Hamdallah, Haaretz reports.