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NBK Capital Partners announced yesterday (pdf) that it has “successfully exited its inaugural USD 157 mn private debt vehicle,” the Mezzanine Fund I, divesting stakes in eight portfolio investments. “I am delighted with this milestone, which demonstrates the superior returns we continue to generate for investors and validates the tremendous opportunity for private debt strategies […]
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 inImage of the Day
The Israeli politician who refused to stay in Alexandria’s Palestine Hotel
The Israeli politician who refused to stay in Alexandria’s Palestine Hotel: Israeli journalist Danny Rubinstein recounts to Middle East Eye her experience as a journalist on a delegation accompanying ex-Israeli interior minister Yosef Burg to Alexandria, shortly after Egypt and Israel signed their peace treaty in 1979. Burg refused to stay at a luxury seaside […]
Posted inEGYPT IN THE NEWS
Politics, elections and human rights, tops coverage of Egypt again
Politics, the elections and human rights once again dominated coverage of Egypt in the foreign press this morning. Pickups of wire coverage of President Abdel Fattah El Sisi’s warning to those calling for an election boycott led coverage, with most paying particular attention to El Sisi’s reference to the 2011 protests which toppled Hosni Mubarak. […]
Posted inEGYPT IN THE NEWS
Not designating the entire Ikhwan a terrorist org represents a “refined approach”
The Trump administration is wisely designating violent affiliates of the Muslim Brotherhood as terrorists, but not the umbrella organization, writes Eli Lake for Bloomberg following its designation of Hamas leader Ismail Haneya, Hasm and Lewa El Thowra as terrorist organizations. Lake notes that those named in Wednesday’s new designation had been directly responsible for deaths […]
Posted inEGYPT IN THE NEWS
Waning dominance of Egyptian Arabic underscores waning political influence
Stop us if you’ve heard this tired old line before: The waning dominance of Egyptian Arabic is reflective of Egypt’s declining influence on the regional political stage, according to the Economist Prospero Blog. From the 1940s, people all over the Arab world grew used to Egyptian. Generously funded by the state, the Egyptian cinema industry […]
Posted inEGYPT IN THE NEWS
Embassy denies Plummer’s release was imminent
The British Embassy in Cairo denied reports it told Laura Plummer’s family that her release was imminent, Ruth Michaelson and Jamie Grierson write for The Guardian. This followed reports that Plummer, who was caught trying to smuggle illegal medications into Egypt, was set to receive a presidential pardon. “At no point did Foreign Office staff, […]
Posted inEGYPT IN THE NEWS
Other international coverage
Also worth a quick skim today: Fear of the Sudanese intelligence service has dissuaded thousands of Sudanese refugees in Egypt from returning to their villages in Darfur, according to a report by Al-Monitor. Tariq Ramadan, the academic and grandson of Ikhwan founder Hassan Al Banna, has been taken into custody by French police following accusations […]
Posted inWorth watching
The Curiosity Rover’s panorama shot of Mars
The Mars Curiosity Rover snapped a series of great photos from a ridge it climbed on a rare clear weather day back in October, according to Engadget. NASA collated the images into a panorama shot that shows some of the landmarks both in and outside of the crater it has been exploring as well as […]
Posted inDiplomacy + Foreign Trade
Egypt, Sudan, Ethiopia to establish connecting rail and road network
Egypt, Sudan, Ethiopia to establish joint rail and road network: The presidents of Egypt, Ethiopia, and Sudan have agreed to create a joint fund to raise capital for a network of railway lines and roads connecting the three countries, Sudanese Foreign Minister Ibrahim Ghandour said on Tuesday, according to Middle East Monitor. The three heads […]