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To save us here at Enterprise a keystroke, the Egyptian Financial Supervisory Authority (EFSA) has rebranded itself (in English only) to FRA. The Egyptian Financial Supervisory Authority — EFSA — announced yesterday that it has changed its English-language name to the Financial Regulatory Authority, or the FRA. The authority will be working to make the […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Egyptian lemon exporters get head start ahead of official season
Favorable weather conditions are giving Egyptian lemon producers a head start going into the official growing season and some producers have volumes ready for export, the Egyptian Moroccan company’s Ahmed Rabie writes for Fresh Plaza. “One problem is that most European traders aren’t even aware that limes exist in Egypt. They usually opt for limes […]
Posted inSpeed Round
President El Sisi discusses Egypt-Saudi relations in CNBC interview
President Abdel Fattah El Sisi sat down for two one-on-one interviews yesterday, according to an Ittihadiya statement. Egyptian-Saudi relations were the focal point of El Sisi’s interview with Asharq Alawsat newspaper, the statement says. With business news outlet CNBC, the president discuss Egypt-US relations, the upcoming presidential race, and recent improvements in economy and tourism. […]
Posted inSpeed Round
Will the Saudi anti-corruption probe impact Egypt?
Will the Saudi anti-corruption probe impact Egypt? As Saudi Crown Prince Mohamed Bin Salman whistles to the tune of the Lion King’s “Oh I Just Can’t Wait to be King,” the shakeup at the upper echelons of the royal family continues to have thrown regional business into some measure of confusion, and Egypt is no […]
Posted inSpeed Round
At least 26 killed in church attack in United States
A gunman in Texas has killed at least 26 in an attack on a church overnight, according to CNN. The shooter was “clad in all black, with a ballistic vest strapped to his chest and a military-style rifle in his hands.” The gunman was identified as Devin Patrick Kelley, 26, and had apparently served in […]
Posted inUncategorized
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Posted inImage of the Day
Electric cars going hyper
Car manufacturers are branching out from the regular electric car market and into the hypercar segment, according to the FT. While electric cars are generally thought of as sensible, everyday cars that save you gas, a few specialists are producing insanely fast electric cars that rival any gasoline powered sports cars. Companies including Rimac and […]
Posted inEGYPT IN THE NEWS
British woman who smuggled opioid pain relievers tops coverage of Egypt in the foreign press
A British woman detained in Hurghada for allegedly smuggling 300 opioid pain reliever pills is topping coverage of Egypt in the foreign press this morning. The woman, identified as Laura Plummer, 33, was apparently bringing her Egyptian husband other products from the UK including talcum powder and shaving gel, alongside the opiates, The Guardian says. […]
Posted inEGYPT IN THE NEWS
Time for Israel to revisit Gaza blockade -Haaretz
It could be time for Israel to lift its blockade on Gaza, Haaretz’s editorial board suggests. If the Egypt-brokered agreement between Hamas and the Palestinian Authority attests to the seriousness of the parties’ intentions about reconciliation, it obliges Israel to revisit its policy in the territories – and especially to recognize that the relevance of […]
Posted inEGYPT IN THE NEWS
Zahi Hawass says Khufu void not a discovery
Zahi Hawass does not like the discovery of a potential “void” in the Khufu pyramid, according to Phys.org. He says the scientists, who made the claim, “showed us their conclusions, and we informed them this is not a discovery … The pyramid is full of voids and that does not mean there is a secret […]