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The Environment Ministry has received four offers from Korean, Swedish, German, and Chinese firms to manage and develop the Wadi El Rayan and South Sinai natural protectorates, Minister Khaled Fahmy tells Al Borsa. The ministry is waiting for the House of Representatives to approve the new protectorates law — which is currently before the House […]
Author Archives: enterpriseam admin
Posted inTourism
Ukrainians visiting Egypt now eligible for e-visas
Visa applicants from Ukraine are among those now able to apply for travel authorization to Egypt online, Ukrainian news agency UNIAN reports. The USD 25 e-visa is “an alternative to visas that can also be purchased at checkpoints across Egypt’s state border,” Ukraine’s Foreign Ministry said, according to the news agency. Ukraine is one of […]
Posted inTelecoms + ICT
TE Data routers hacked in cyber attack
Hackers attacked TE Data’s servers on Thursday, disrupting internet services for scores of subscribers using the Huawei 532 modem, AMAY reports.
Posted inOther Business News of Note
45k feddans to be tendered under first phase of 1.5 mn feddans project
Al Reef Al Masry is planning to tender more land under the first phase of the state’s 1.5 mn feddans project before the end of December, Chairman Atter Hannoura tells Al Borsa. Around 45k feddans to the west of Minya in Upper Egypt will be offered up.
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.7491 | Sell 17.8482 EGP / USD at CIB: Buy 17.73 | Sell 17.83 EGP / USD at NBE: Buy 17.69 | Sell 17.79 EGX30 (Thursday): 14,295 (-0.4%) Turnover: EGP 745 mn (28% below the 90-day average) EGX 30 year-to-date: +15.8% THE MARKET ON THURSDAY: The EGX30 ended […]
Posted inCALENDAR
15 December (Friday): The Law Magazine’s Law Talks event, Zamalek palace, Cairo. 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 […]
Posted inWhat We're Tracking Today
What we’re tracking on 7 December 2017
Counsel from Enterprise on your communications program, offered without charge: Do you have horrible news you don’t want anyone to notice, but to which you need to ‘fess up at some point? Take out the trash late this afternoon. Have good news you want the whole world to notice? Do it on this coming Sunday […]
Posted inON THE HORIZON
On the horizon
The third edition of the Cairo Art Fair kicks off on Friday at the Arts-Mart Gallery, where over 1,000 artworks from more than 100 well-established and up-and-coming Egyptian artists will be on display, the gallery announced (pdf). The Central Bank of Egypt will review interest rates at a meeting of its Monetary Policy Committee on […]
Posted inEnterprise+: Last Night’s Talk Shows
All anyone can talk about is the US embassy moving to Jerusalem
All anyone could talk about last night was US President Donald Trump’s announcement on moving the American Embassy in Israel to Jerusalem. Trump’s decision violates international laws and agreements, none of which name Jerusalem Israel’s capital, the Palestinian President’s Advisor on International Affairs Nabil Shaath told Kol Youm’s Amr Adib. Shaath said Trump’s announcement will […]