Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Climate (MENA) 
UAE Minister of Foreign Affairs Anwar Gargash suggested yesterday that Arab countries need to band together under the joint leadership of Cairo and Riyadh to fend off Turkey and Iran’s attempts to force their geopolitical ambitions on the region. On his Twitter feed yesterday, Gargash says that Arab nations refuse to be led by Tehran […]
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
Feast your eyes on Ismailia’s annual International Camel Racing Festival
Feast your eyes on Ismailia’s annual International Camel Racing Festival: 13 Bedouin tribes will be coming together this coming March in the desert surrounding Ismailia’s Fayed City to host the annual International Camel Racing Festival, which brings some some 150 camels and riders, usually children averaging 11 years of age, together to race around 3-15 […]
Posted inEGYPT IN THE NEWS
Egypt, Ethiopia need to reach GERD agreement soon
If Egypt, Sudan, and Ethiopia don’t reach an agreement over the Grand Ethiopian Renaissance Dam until the very last minute, “it may be poorly structured and difficult to implement,” Kevin Wheeler, of Water Balance Consulting, tells The Financial Times. “He warns that the countries need to start cooperating soon, because setting up systems to share […]
Posted inEGYPT IN THE NEWS
Egypt should learn from previous examples when thinking about its new administrative capital -FT
“There are worrying precedents to Egypt’s plan for a new megacity,” the Financial Times suggests in an opinion piece. Giving priority to the new administrative capital project while Egypt grapples with a host of economic and social problems — such as the militant insurgency in northern Sinai and rising costs and inflation — “might look […]
Posted inEGYPT IN THE NEWS
Bibliotheca Alexandrina’s Serageldin cleared of graft charges brought against him by library staff
An Egyptian court yesterday acquitted Bibliotheca Alexandrina’s founding director Ismail Serageldin from graft charges brought against him by library staff, “overturning a three-and-a-half year sentence on charges of squandering public funds,” The Associated Press reports. Employees had accused Serageldin of “wasting EGP 20 mn (about USD 1.2 mn) by paying hefty salaries to top advisers […]
Posted inEGYPT IN THE NEWS
Military court sentences 10, including army officer, to death
An Egyptian military court sentenced 10 people to death yesterday on terror charges, including an army officer, Al Arabiya reports. Only one of the defendants was present with the rest being tried in absentia, according to the Anadolu Agency. Officer Hisham El Ashmawy, the alleged leader of the group, is said to be on the […]
Posted inEGYPT IN THE NEWS
Meet Japans’ first, and possibly only, Egyptian sumo wrestler
Mansoura native Abdulrahman Shalan is the world’s first sumo wrestler of Egyptian and African descent. Known in the ring as Osunaarashi, or Great Sandstorm, Shalan started out as a bodybuilder before he came to discover sumo. His journey was far from easy, as “to realize his dream, the young Egyptian [had to] clean the gym […]
Posted inEGYPT IN THE NEWS
Other stories making the rounds this morning:
Other stories worth a mention this morning: Turkish politicians are looking forward to mending relations with Egypt, according to Daily Sabah. Xinhua chats with Egypt’s national football team coach Hector Cuper about how this year’s lineup managed to qualify for the 2018 FIFA World Cup. Big World Pictures acquired the rights to Egyptian film director […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.7713 | Sell 17.8713EGP / USD at CIB: Buy 17.79 | Sell 17.89EGP / USD at NBE: Buy 17.69 | Sell 17.79 EGX30 (Wednesday): 14,905 (-0.1%) Turnover: EGP 781 mn EGX 30 year-to-date: +20.7% THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.1%. CIB, the index […]