Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Climate (MENA) 
Emerging markets equities are starting off 2018 strong, climbing higher yesterday and “extending strong gains from 2017 that were driven by the strength of the world economy and expectations for mild tightening in monetary policy by central banks in the developed world,” the Financial Times says. Having had such a strong 2017, emerging market equities […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Former Apache exec appointed CEO of Neptune Energy
MOVES- Jim House was appointed CEO of Neptune Energy, according to OE. House was most recently Apache Corp’s Senior Vice President responsible for Egypt, Mid-Continent US, Gulf Coast, Gulf of Mexico and International New Ventures. He was previously also responsible for Apache’s Joint Venture businesses with EGPC.
Posted inSpeed Round
Mohamed Fathallah appointed managing director at Blom Egypt Securities
MOVES- Mohamed Fathalla was appointed as the new managing director at Blom Egypt Securities last week, Al Borsa reports. Fathalla was also tapped last month as Marseilia Egyptian Gulf Real Estate Investment’s deputy chairman. He previously served as managing director at Al Tawfeek Leasing Co.
Posted inSpeed Round
House Econ Committee postpones vote on Consumer Protection Act to review additional suggestions
LEGISLATION WATCH- The House of Representatives’ Economics Committee postponed its vote on the Consumer Protection Act to next week yesterday in order to review suggestions from the Federation of Egyptian Industries and the Federation of Egyptian Chambers of Commerce. The recommendations include adding food safety that comply with the Food Safety Act and amending the […]
Posted inSpeed Round
Saudi’s Guava ban comes into effect on 18 January
Saudi Arabia’s ban on Egyptian guava imports comes into effect on 18 January, sources from the central quarantine administration tell Al Borsa. Until then, the kingdom will be accepting contracted shipments that prove safe enough for consumption. Saudi had issued a temporary ban on guava imports from Egypt due to concerns over unsafe levels of […]
Posted inSpeed Round
2017 was the safest year ever for commercial airlines
2017 was the safest year for commercial airlines, Dutch aviation consulting firm To70 and the Aviation Safety Network say, according to Reuters. There were no recorded accident death in commercial passenger jets in 2017. “To70 estimated that the fatal accident rate for large commercial passenger flights is 0.06 per mn flights, or one fatal accident […]
Posted inSpeed Round
CORRECTION: EFG Hermes tops brokerage league tables for January
CORRECTION- EFG Hermes topped the EGX’s brokerage league tables for December with a 15.55% market share, according to figures released by the Egyptian Exchange. CI Capital placed second with a 9.96% share, followed by Beltone (6.89%), Pharos (6.05%), and Pioneers Securities (4.81%). For the full year 2017, the rankings run EFG Hermes (19.08%), CI Capital […]
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
MiFID II enters into force today
Welcome to the era of MiFID II: Today is the first day for banks and financial institutions in the European Union to operate under Markets in Financial Instruments Directive (MiFID) II laws. The new regulations force fund managers to pay for the research they use and requires investment banks to charge separately for research and […]
Posted inEGYPT IN THE NEWS
State of emergency extension tops int’l coverage of Egypt on an otherwise quiet day
State of emergency extension tops int’l coverage of Egypt on an otherwise quiet day: It was a quiet day for Egypt in the foreign press this morning, with coverage being primarily dominated by news that President Abdel Fattah El Sisi has extended the state of emergency for an additional three months starting 13 January. The […]