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We need to be paying attention to this: UN officials are voicing alarm over the spread of HIV in Egypt, with new infection rates growing by up to 40% a year, according to some figures. "There is a 25-30% increase in incidents every year... It’s is alarming to us because the growth of the epidemic […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Former Yemeni President Ali Abdullah Saleh killed by Houthis in Sanaa
Yemen’s longtime strongman Ali Abdullah Saleh was killed in an attack in Sanaa on Monday. Iran-backed Houthi fighters seized control of much of the capital and blew up Saleh’s house, while coalition jets bombed their own positions yesterday, Reuters reports. The move comes a few days after Saleh switched sides in the conflict, shifting his […]
Posted inSpeed Round
AU to launch rescue operation to save up to 700k migrants
Things are not looking good for our unstable neighbor to the west, as the African Unionlaunched a “rescue operation” to evacuate up to 700k migrants from Libya. The decision, which was taken with the blessing of EU and African leaders, comes amid allegations that migrants have been suffering abuse in Libya and the release of […]
Posted inSpeed Round
NI Capital says 30 companies considered for listing, final number to depend on specific factors
BRIEFLY NOTED- NI Capital got in touch with us yesterday to clarify news reported in the domestic press about potential listings of state-owned companies. NI Capital says the number of state-owned companies eligible for IPO being considered is 30, but the final number will depend on internal readiness and investor perception of growth prospects in […]
Posted inUncategorized
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Posted inImage of the Day
A photo tells all on how much the region has changed in less than a decade
Business Insider revisits this photo from 2010 to reflect on just how much the Middle East has changed in the years following the Arab Spring. Taken at the 2010 Afro-Arab summit in Sirte, “each man had been in power for decades and [they] were viewed as autocratic strongmen.” Seven years later, Egypt’s Hosni Mubarak, Tunisia’s […]
Posted inEGYPT IN THE NEWS
Ahmed Shafik tops foreign headlines on Egypt for third consecutive day
Topping coverage of Egypt in the foreign press this morning is Ahmed Shafik’s interview Dream TV’s Al Ashera Masa’an to dispel rumors that he had been kidnapped — and his sudden change of heart on the elections. Reuters also spoke to Shafik yesterday, who told their reporters that he was “fine” when they approached him […]
Posted inOn Deadline
Attracting FDI is not just about throwing incentives at investors
Attracting foreign direct investment is not just about maximizing incentives for investors, Mohamed Abdel Shafie Eissa writes for Al Shorouk. He argues that there are four ingredients in any bid to attract FDI: economic conditions, including the availability of labor and raw materials; the overall environment and ease of doing business; political alliances between countries; […]
Posted inDiplomacy + Foreign Trade
Egypt, Jordan, Turkey lobby State Department against moving US embassy to Jerusalem
Egypt, Jordan, Turkey lobby State Department against moving US embassy to Jerusalem: As the possibility of US President Donald Trump moving the US embassy in Israel to Jerusalem from Tel Aviv (effectively recognizing the city as Israel’s capital) looks ever more likely, the foreign ministers of Jordan and Egypt have waged a lobbying campaign to […]
Posted inDiplomacy + Foreign Trade
El Sisi speaks to Russia’s Putin, South Africa’s Zuma
President Abdel Fattah El Sisi discussed increasing military, trade, and transportation cooperation with Russian President Vladimir Putin in a phone call yesterday, Ittihadiya said in a statement. The phone call comes after the two countries signed an agreement to use each other’s airspace and air bases for warplanes, which El Sisi had reportedly approved last […]