Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Climate (MENA) 
01-03 December (Friday-Sunday): RiseUp Summit, Downtown Cairo. 03-05 December (Sunday-Tuesday): Solar-Tec, Cairo International Exhibition & Convention Center. 03-05 December (Sunday-Tuesday): Electrix, Cairo International Exhibition & Convention Center. 03-06 December (Sunday-Wednesday): The fourth e-payment and Innovative Financial Inclusion Expo & Forum (PAFIX), Egypt Expo Center, New Cairo. 05 December (Tuesday): Egypt’s Emirates NBD PMI reading for […]
Author Archives: enterpriseam admin
Posted inWhat We're Tracking Today
What we’re tracking on 3 December 2017
Welcome to December, ladies and gentlemen. If anyone can tell us where the year went, we’d gratefully hear from you. Trade and Industry Minister Tarek Kabil will testify before the House of Representative’s Industry Committee today on the ministry’s plans to grow non-oil exports, ease licensing for industry, and attract manufacturers to the new administrative […]
Posted inWhat We're Tracking Today
Rowing across the Atlantic — One giant leap for Egyptian adventurism
Rowing across the Atlantic — One giant leap for Egyptian adventurism: Not content with being the first Egyptian to climb Mount Everest, Egyptian adventurer and entrepreneur Omar Samra teams up with triathlete Omar Nour to row a 7.5m long two-seater boat across the Atlantic Ocean. The pair will be competing with other teams on the […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
It’s PMI week: The Emirates NBD / Markit purchasing managers’ index for Egypt, the UAE and Saudi Arabia will be out on Tuesday at about 6:15am. Our friends at AmCham are hosting a conference tomorrow on the private sector and sustainable development. Keynote speakers include Investment Minister Sahar Nasr and Planning Minister Hala El Said. […]
Posted inON THE HORIZON
On the horizon
The Zohr gasfield will ramp up to 350 mcf/d when production starts sometime this month, the Oil Ministry said on Friday, according to Reuters. Production would gradually be raised to around 1 bcf/d by mid-2018, the ministry added. Prime Minister Sherif Ismail had previously said Zohr’s production this year would reach 500 mcf/d. Ethiopian Prime […]
Posted inEnterprise+: Last Night’s Talk Shows
Shafik’s bid to return to politics earns little attention on the airwaves
Former prime minister Ahmed Shafik’s unexpected return to the political scene — and Egypt — did not earn as much airtime as we thought it would. Kol Youm’s Amr Adib — who has been a highly vocal advocate of a pluralistic presidential election — monitored Shafik’s arrival at Cairo International Airport, where a rather thin […]
Posted inSpeed Round
CBE sets 1% entrance fee on FX investments through foreign repatriation mechanism
CBE sets 1% entrance fee on foreign currency portfolio investments through repatriation mechanism: The Central Bank of Egypt announced that a 1% “entrance fee” will be put in place for fresh foreign currency portfolio investments that enter via the repatriation mechanism starting from today. “The application of the entrance fee comes one year post the […]
Posted inSpeed Round
Finance Ministry kicks off preparations for drawing up the FY2018-19 budget
Subsidy cuts in the air for mid-2018 as Finance Ministry prepares to draw up its FY2018-19 budget: The Finance Ministry released its general guidelines (pdf) to government ministries for drafting the FY2018-19 budget last week. The ministry is targeting GDP growth of 5.5% for the fiscal year and will look to cut the budget deficit […]
Posted inSpeed Round
Finance Ministry confirms VAT on non-core services offered by banks
Finance Ministry confirms VAT on non-core services offered by banks: The Finance Ministry has reportedly ended the long-standing debate on whether non-core services offered by banks would be taxed under the value-added tax (VAT) act, Al Mal reports. The ministry apparently said in an internal memo signed by Finance Minister Amr El Garhy that these […]