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AUC okay with niqab — for now. The American University in Cairo (AUC) has agreed to allow currently enrolled students who wear the niqab to enter campus until they complete their education, AUC President Francis Ricciardone said in a Sunday statement. Several students complained to the administration about the niqab ban, which cites “security concerns.” […]
Author Archives: enterpriseam admin
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.7662 | Sell 17.8662 EGP / USD at CIB: Buy 17.77 | Sell 17.87 EGP / USD at NBE: Buy 17.69 | Sell 17.79 EGX30 (Monday): 14,721 (+0.03%) Turnover: EGP 1 bn (6% below the 90-day average) EGX 30 year-to-date: +19.3% THE MARKET ON MONDAY: The EGX30 ended […]
Posted inCALENDAR
19 December (Tuesday): Village Capital’s Financial Health Competition: Middle East and Egypt (applications close 3 November) 28 December (Thursday): Central Bank of Egypt’s Monetary Policy Committee to review policy rates. 29-30 January (Monday-Tuesday): Seamless North Africa, The Nile Ritz-Carlton, Cairo 12-14 February 2018 (Monday-Wednesday): Egypt Petroleum Show 2018 (EGYPS), New Cairo Exhibition Center. 19-20 February […]
Posted inWhat We're Tracking Today
What we’re tracking on 18 December 2017
The Finance Ministry is reportedly soliciting proposals from banks to arrange a USD-denominated eurobond issuance, sources told Reuters. The request was made last week, the sources added. The Finance Ministry was not immediately available for comment, Reuters notes. Who says term limits in banking are a good thing? Not Bob Wilmers, the longest-serving bank executive […]
Posted inWhat We're Tracking Today
Shorbagy brothers make history with sibling final
Mohamed El Shorbagy pipped his brother Marwan in a historic final of the AJ Bell Squash World Championships in Manchester that featured two siblings for the first time, according to the Professional Squash Association. The two train together, grew up mentored by the same coaches and are both managed by their mother Basma, says the […]
Posted inWhat We're Tracking Today
** We’re taking a break next week. As is our custom, we’ll be recharging our collective batteries in the final week of the year. Enterprise will not publish on 24 and 25 December. We’ll then be back with short issues on 26-28 December, and then off again until 2 January 2018. We hope you, too, […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
With his advance team reportedly in town, it’s still unclear when US Vice President Mike Pence will arrive in Cairo for an expected visit. Pence’s schedule for his Middle East tour was shuffled around to ensure he was in Washington as US Congress prepares to vote tomorrow on the Republican tax bill. Pence had reportedly […]
Posted inON THE HORIZON
On the horizon
The Support Egypt Coalition says welcomes Ethiopian Prime Minister Hailemariam Desalegn’s planned address to the House of Representatives this month, Al Masry Al Youm reports. The coalition — which is the majority bloc in parliament — said that Desalegn’s visit is “an opportunity to improve relations between Egypt and Ethiopia” as the two are locked […]
Posted inEnterprise+: Last Night’s Talk Shows
Russia’s untenable security demands and a new Egyptian desalination technology
No single topic reigned supreme on the airwaves last night, with talking heads discussing everything from the civil aviation protocol with Russia to a new Egyptian desalination technology. The civil aviation security protocol Egypt signed with Russia is a positive step, but there remain certain sticking points between the two sides on security measures at […]