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Egypt ranked 134 out of 144 countries in the World Economic Forum’s Global Gender Gap Report for 2017. Iceland, Norway and Finland occupied the top three while Yemen, Pakistan and Syria held the bottom three positions. Egypt ranked tenth amongst the 17 MENA nations who saw progress as a group but remained the worst performing […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Jay Powell to follow Yellen as Fed boss
US President Donald Trump announced on Thursday that he will nominate Fed Governor Jerome Powell to replace Fed Chair Janet Yellen. “Mr. Powell will bring to the Federal Reserve a unique background of Government service and business experience,” read the White House statement announcing the nomination, which had been widely anticipated last week. Powell, a […]
Posted inSpeed Round
Emaar expects to raise USD 1.5 bn from real-estate unit IPO
IPO WATCH- Emaar plans to raise USD 1.5 bn from listing its real-estate development unit, Emaar Development LLC’s shares, Bloomberg reports, citing the price range document sent to the DFM. Emaar Development set a price range of AED 5.7-6.9 per share as the IPO opened on Thursday with 10% of the shares available to retail […]
Posted inSpeed Round
Hamas hands over control of Gaza’s border crossings to PA
Hamas officially handed over control of the Gaza Strip’s border crossings to the Palestinian Authority on Wednesday, Reuters reports. The handover “marked the most concrete implementation” to date of the reconciliation agreement brokered by Egypt last month, the newswire says.
Posted inSpeed Round
Lebanese PM Hariri resigns
Lebanese Prime Minister Saad Al Hariri resigned yesterday, according to Reuters. Hariri claimed there was a plot to assassinate him and pointed the finger at Iran and its Lebanese ally Hezbollah.
Posted inUncategorized
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Posted inEGYPT IN THE NEWS
Egypt in the news on 5 November 2017
Topping coverage of Egypt in the foreign press this morning are reports of EU countries expressing concern over the arrest of the Egyptian human rights lawyer investigating the Regeni murder. Germany, Italy, the Netherlands, Britain and Canada saying they were “deeply concerned” at the ongoing detention of human rights lawyer Ibrahim Metwaly Hegaz, Reuters reports. […]
Posted inEGYPT IN THE NEWS
Scientists find “void” inside Great Pyramid of Giza
There is a “void” inside the Great Pyramid: Scientists announced that an imaging method using cosmic rays has detected a “large and enigmatic internal structure” inside the Great Pyramid of Giza, Reuters reports. “Researchers announced the discovery on Thursday but said they did not know the purpose, contents or precise dimensions of what they are […]
Posted inEGYPT IN THE NEWS
New group with alleged ties to Al Qaeda claims responsibility for Wahat attack
A new terror group with alleged ties to Al Qaeda known as Ansar al Islam has claimed responsibility for last month’s deadly Wahat attack, which killed at least 16 policemen, Reuters reported on Friday. While they provided no evidence for their involvement, the group issued a statement declaring the incident as “the start of a […]
Posted inEGYPT IN THE NEWS
EU Court blocks lovejacker’s extradition to Egypt after Cypriot Supreme Court clears him
Remember the lovejacker? The European Court of Human Rights (ECHR) blocked Cypriot authorities from extraditing Seif Eddin Mustafa to Egypt until their investigators could examine the case, the Associated Press reports. Mustafa — who had hijacked a domestic EgyptAir flight in March 2016 using a fake suicide belt and diverted it to Cyprus — had […]