Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Climate (MENA) 
USD 27.3 bn to be invested in gas fields next year: Some 230 new wells will be drilled at a cost of USD 2 bn in 2018, while approximately USD 27.3 bn will be invested in the Zohr, North Alexandria, and Nooros fields, Oil Minister Tarek El Molla said yesterday, Al Shorouk reports. El Molla […]
Author Archives: enterpriseam admin
Posted inSpeed Round
El Sisi and Macron’s meeting
President Abdel Fattah El Sisi’s first meeting with French President Emmanuel Macron apparently went very well, with both leaders alluding to stronger security and economic ties in the offing. Key highlights of their meeting in Paris included: Macron comes to El Sisi’s defense on human rights: Despite pressure from rights groups to address Egypt’s human […]
Posted inSpeed Round
Reuters says it was careful in reporting Wahat attack
Reuters and BBC respond to SIS criticism: “We take seriously our obligation to report the news fairly and accurately, and were careful here to report both the Interior Ministry’s account of the situation as well as information we received independently from other sources,” a Reuters spokesperson said, commenting on the State Information Service’s protest of […]
Posted inSpeed Round
Total in talks with Engie to buy LNG assets
French oil and gas major Total is in talks to buy Engie’s LNG assets, predicting that gas markets will grow in the future, CEO Patrick Pouyanne tells Bloomberg TV on Tuesday (runtime: 8:55). “I can confirm we’ve discussed with Engie, like other companies, and we’ll see if we can find an agreement. If not, we […]
Posted inSpeed Round
China’s Xi Jinping granted powers parallel to Chairman Mao’s
China’s Xi Jinping granted powers parallel to Chairman Mao’s: China’s Communist Party granted President Xi Jinping new sweeping powers “unmatched in recent decades” and equal in measure to those held by Chairman Mao Zedong, the FT reports (paywall). The party enshrined Xi’s socialist ideology in their constitution, a “historic decision [bolstering] President Xi’s political position […]
Posted inUncategorized
** SHARE ENTERPRISE WITH A FRIEND ** Enterprise is available without charge — just visit our English or Arabic subscription page, depending on which edition you would like to receive. We give you just about everything you need to know about Egypt, in your inbox Sunday through Thursday before 7am CLT (8am for Arabic), and […]
Posted inTHE MACRO PICTURE
EM currencies have been dropping in REER terms, when compared to the USD despite rising in spot terms
EM currencies have been dropping in REER terms, when compared to the USD, despite rising in spot terms: Emerging market currencies measured solely against the USD in nominal, non-inflation adjusted terms have gone the way of the EM bull market this year and have grown 5.4%. However, when measured in terms of a country’s real […]
Posted inEGYPT IN THE NEWS
Egypt back on int’l press’ radar after an unusually quiet week
Egypt is back on the international press’ radar after an unusually quiet week. The homecoming of Irish-Egyptian national Ibrahim Halawa topped coverage of Egypt in international headlines this morning. Halawa arrived in Dublin yesterday, accompanied by his sister Nosayba and Irish Ambassador to Egypt Seán O’Regan, following his release from prison after four years of […]
Posted inEGYPT IN THE NEWS
Russia tries to drive wedge in Egypt-US relations
Russia’s President Vladimir Putin is seeking to “drive a wedge between the US and Egypt,” Herbert London writes for The Washington Times. London says it is apparent that Russia is now a supporter of Egypt and its government and Cairo has strengthened its ties to Moscow and that this followed the backdrop of strained ties […]
Posted inEGYPT IN THE NEWS
Egyptian modernist painting to go on auction in London
Egyptian modernist piece expected to fetch USD 110k-150k in London auction: An Egyptian modernist piece going on auction in London out of Christie’s Dubai chapter is expected to fetch between USD 110k-150k, The National says. Mahmoud Said’s 1932 réplique of ‘La fille aux yeux verts’ (The girl with the green eyes) is going on auction […]