31 October (Tuesday): The State of Ransomware Threat in Egypt& Insights into the Middle East Cyber Underground press briefing by Trend Micro, Nile Ritz Carlton, Cairo. 06-07 November (Monday-Tuesday): Crisis Communications Conference, Four Seasons Nile Plaza Hotel, Cairo. 06-09 November (Monday-Thursday): EFG Hermes’ 7th Annual London Conference on 6-9 November, Arsenal’s Emirates Stadium. 14 November […]
Author Archives: enterpriseam admin
What we’re tracking on 29 October 2017
Domestic industry at the heart of structural reforms as IMF delegation talks begin: The government will now start focusing on structural reforms to support manufacturers and exports, Finance Minister Amr El Garhy announced. The IMF delegation will meet with CBE Governor Tarek Amer and El Garhy on Sunday, a ministry statement read. Talks with the […]
What we’re tracking this week
Our friends at Trend Micro will hold a press briefing on The State of the Ransomware Threat in Egyptand insights into the Middle East cyber underground on Tuesday at the Nile Ritz Carlton, Cairo.
On the horizon
EFG Hermes will hold its 7th Annual London Conference on 6-9 November. The Investment Ministry’s investment map of some 600 projects will reportedly be ready by December and be out for bid by January.
Investment Minister chats with Amr Adib
Our daily roundup of Last Night’s talk shows is back tomorrow, but we do have some highlights from Investment and International Cooperation Minister Sahar Nasr’s sit-down with Kol Youm’s Amr Adib. The World Bank’s upcoming Doing Business Report will list Egypt as one of the countries with the most-improved investment climate, thanks to the government’s […]
IFC channels USD 653 mn loan to Benban solar complex
The International Finance Corporation (IFC) will announce today a USD 653 mn debt package to finance the development of 13 solar power plants part of the feed-in tariff program in Benban, the IFC said in a statement this morning (pdf). The IFC is leading a consortium of nine international banks, which are backing Egypt’s renewable-energy […]
Baidu exiting Egypt, as Facebook grows users regionally
Is Baidu exiting Egypt? Chinese search giant Baidu is backing away from turning Egypt into its regional headquarters as it backtracks on its Middle East expansion, according to the Wall Street Journal (paywall). The company has been gradually laying off its more than 30 employees and has closed its Cairo office in the past few […]
DICE shares priced at between EGP 22.60 and EGP 27.10
IPO WATCH- DICE shares priced at between EGP 22.60 and EGP 27.10: DICE Sport and Casual Wear announced on Saturday an indicative price range (pdf) for an offering of up to 33.05 mn existing ordinary shares, representing 62.35% of its outstanding share capital listed on the EGX. The offering has been priced at between EGP […]
Amwal AlKhaleej planning to IPO ECPP, two M&As in 2018
IPO WATCH- Amwal AlKhaleej planning to IPO ECPP, has two M&As in pipeline for 2018: Saudi investment firm Amwal AlKhaleej is planning to list the Egyptian Company for Propylene and Polypropylene (ECPP) on the EGX in 2018 with the aim of raising USD 300 mn to finance expansion plans, Amwal’s Egypt Country Head Karim Saada […]