Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Climate (MENA) 
Demystifying what’s going on with Orange Egypt’s EGX listing: To the confusion of many in the market (ourselves among them, if we’re to be frank), there are two things happening at Orange Egypt. A statement to the EGX yesterday (pdf) clears things up. First, Orange is in the implementation phase of an EGP 15.4 bn […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Rasha Al Azhary appointed new CFO of Vodafone Egypt
MOVES- Vodafone Egypt appointed Rasha Al Azhary as its new chief financial officer yesterday, according to Al Mal. Al Azhary previously served as development director at Vodafone Qatar, where she was spearheaded the launch of fiber and LTE services. An AUC grad, she first joined Vodafone Egypt in 2003 after five years in investment banking.
Posted inSpeed Round
Al Nouran Group’s Ashraf Mahmoud says he can turn Egypt into an exporter rather than importer of sugar
Our friend Ashraf Mahmoud, group chairman and CEO at Al Nouran, believes he can turn Egypt into an exporter of sugar instead of a net importer. Egypt has a number of advantages to help it become a sugar exporter, particularly if the country manages to cultivate more beets and apply new technologies that allow it […]
Posted inSpeed Round
World Bank’s MIGA to provide USD 102.6 mn in guarantees for six solar plants in Egypt
The World Bank’s Multilateral Investment Guarantee Agency (MIGA) is providing USD 102.6 mn in guarantees for six solar plants in Egypt with a combined production capacity of 250 MW, Renewables Now reports. The funding acts as security “against the risks of expropriation, transfer restriction and inconvertibility, breach of contract and war and civil disturbance.” Around […]
Posted inSpeed Round
Cabinet approves amendments to Unified Building Code, establishing EGP 300 mn investment company
The Ismail Cabinet approved establishing a company to supervise and manage the development of public freezones and investment complexes, Al Masry Al Youm reports. The company will have a capital of EGP 300 mn and will be responsible for the infrastructure of new freezones and addressing the needs of existing zones, Investment and International Cooperation […]
Posted inSpeed Round
Railway ticket price hikes to be implemented over several phases
Railway ticket prices to rise in multiple jumps: The planned increase in railway ticket prices will be implemented in multiple phases, Assistant Transport Minister Amr Shaat tells Al Shorouk. The first price hike will be announced once the ministry completes its study on the issue with the Administrative Control Authority (ACA), and the ministry will […]
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
Hypatia Stone could predate solar system
A stone found in our end of the Sahara in 1992 is being reexamined and may turn out not only to be older than the solar system, but to have interstellar origins, according to ZME Science. Dubbed “The Hypatia Stone,” previous analysis had identified the stone as unique in its composition. Now, new studies are […]
Posted inEGYPT IN THE NEWS
Al-Azhar is ambivalent towards tolerant views of Christians in Egypt
Reports of persecution of Egypt’s Coptic Christian minority topped coverage of Egypt in the foreign press this morning. A report by the Open Doors charity organization claims that Coptic Christians are suffering from unprecedented levels of persecution, particularly with the recent wave of attacks on churches that has prevented worshippers from being able to gather […]
Posted inOn Deadline
Columnists continue to criticize lack of pluralism, democratic competition in presidential elections run-up
With the presidential elections on the horizon, columnists are shaking their heads at the expected lack of pluralism and democratic competition. This year’s elections are already looking painfully similar to those held prior to the 2011 revolution, with no proper presidential platforms being presented and people rushing to support the incumbent just to save their […]