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A more private sector oriented Public Enterprise Ministry: The opening session of the conference was an interview with Public Enterprises Minister Khaled Badawy, who we are pleased to say is taking a much friendlier tone toward the private sector than we’ve heard from the 20-year-old ministry in … well, forever. The current central philosophy to […]
Author Archives: enterpriseam admin
Posted inSPOTLIGHT: EFG HERMES ONE ON ONE 2018 IN DUBAI
MENA Regulation panel
The first panel discussion of the conference looked at Structural developments in MENA equity markets, bringing together regional regulators and operators including: Khaled Abdul Razzaq AlKhaled, CEO Boursa Kuwait Khaled A. Alhomoud, member of the Board of Commissioners, Capital Market Authority of Saudi Arabia Mishaal Al_Usaimi, vice chairman of the Board of Commissioners and acting […]
Posted inSPOTLIGHT: EFG HERMES ONE ON ONE 2018 IN DUBAI
Frontier disruption
The final session yesterday morning was headlined Entrepreneurial disruption across frontier and emerging markets and featured a panel discussion between: Ankur Shah, chief finance and development officer, Careem (the widely known ridesharing app) Faraz Khalid, chief executive officer, Noon (the e-commerce platform in which Emaar’s Mohamed Alabbar invested alongside Saudi’s Public Investment Fund) Mohamed El […]
Posted inEGYPT IN THE NEWS
Egypt media crackdown continues to top foreign coverage
The crackdown on media continued to dominate headlines of Egypt in the foreign press this morning in the wake of pro-government talk show host Khairy Ramadan’s arrest on charges of insulting the police. The case of Ramadan, who was released on bail of EGP 10,000 yesterday, “comes amid a climate of increasing pressure on journalists […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.5636 | Sell 17.6622 EGP / USD at CIB: Buy 17.56 | Sell 17.66 EGP / USD at NBE: Buy 17.55 | Sell 17.65
Posted inCALENDAR
05-07 March (Monday-Wednesday): EFG Hermes’ One on One Conference 2018, Atlantis, The Palm, Dubai, UAE. 06-07 March (Tuesday-Wednesday): The Sustainable Industrial Areas International Conference 2018, The Nile Ritz Carlton hotel, Cairo. 07-11 March (Wednesday-Sunday): ITB Berlin Convention, Berlin, Germany. 12-16 March (Sunday-Saturday): AmCham’s 40th Doorknock mission, Washington D.C., USA. 28-31 March 2018 (Thursday-Sunday): Cityscape Egypt, […]
Posted inWhat We're Tracking Today
What we’re tracking on 05 March 2018
Good morning, readers from Dubai, where we are attending the EFG Hermes One on One — which kicks off today — and then meeting with friends later in the week. More than 500 fund and portfolio managers with aggregate AUM north of USD 8 tn will meet face-to-face today with C-suite execs from 173 companies […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
The 2018 international Sustainable Industrial Areas (SIA) International Conference is taking place in Egypt this year tomorrow at the Nile Ritz Carlton. The gathering is being held under the auspices of the Trade and Industry Ministry in partnership between the East Port Said Development Company. More than 400 delegates are now registered to attend, c. […]
Posted inON THE HORIZON
On the horizon
Verdict coming in anti-Uber, Careem lawsuit: The Administrative Court will issue a verdict on 20 March in the case filed by 42 taxi drivers demanding that local operations for ride-hailing services Uber and Careem be shut down.