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Cabinet is expected to send draft cybercrimes bill to the House of Representatives for discussion in November, House Communications Committee member Ahmed Badawy said, Al Borsa reports. The legislation will look to make online surveillance easier in a bid to crack down on “crimes related to the Internet and social media.”
Author Archives: enterpriseam admin
Posted inEnterprise+: Last Night’s Talk Shows
Education leads the conversation on the airwaves
With public schools back in session, education was the key topic on the airwaves last night. But before we dive into that, Hona Al Asema’s Lamees Al Hadidi discussed the guidelines issued by the Industrial Development Authority on applying for licenses under Industrial Permits Act. IDA Deputy Chairman Emad Raafat phoned in to tell Lamees […]
Posted inEnterprise+: Last Night’s Talk Shows
Enterprise is hiring
*** COME WORK WITH US: We’re looking for bright, talented analysts and writers to join our team to work on the current Enterprise Morning Edition and new products we have in the pipeline. You’re likely an equities / macro / research analyst, IR professional or journalist, but we’re less interested in your formal education than […]
Posted inSpeed Round
SODIC announces expansion plans for 2H2017
SODIC in talks over 300 feddans in North Coast, will spend EGP 750 mn to grow land bank in 2H2017: Our friends at real estate developer SODIC announced they are in talks to acquire 300 feddans of land on the North Coast to co-develop with existing landowners, according to an EGX disclosure. SODIC signed a […]
Posted inSpeed Round
BPE Partners looking for fresh investments in finance, energy, and food manufacturing ahead of planned IPO
INVESTMENT WATCH- BPE Partners looks for fresh investments in finance, energy, and food manufacturing: Investment firm BPE Partners is looking for new candidates in non-banking financial services, energy, and food manufacturing, founding partner Alaa Saba tells Al Mal in an interview. The firm is planning to invest EGP 200 mn in the first phase of planned […]
Posted inSpeed Round
Ministerial committee overseeing state IPO program discusses Enppi’s listing
IPO WATCH- The cabinet committee overseeing a program to IPO state-owned companies discussed “taking the necessary steps” to move ahead with the planned listing of petroleum services outfit Enppi during its first meeting yesterday, Investment Minister Sahar Nasr said, Ahram Gate reports. Nasr and the ministers of finance, oil, and public enterprises sit on the […]
Posted inSpeed Round
Carillion considering withdrawing from Education Ministry’s PPP schools project
Carillion is reportedly considering withdrawing from an Education Ministry tender to build 200 schools under a PPP framework because of “increased risk” in the project, sources from within the company tell Al Borsa. The sources also claim the Education Ministry has plans to establish its own schools with lower tuition fees next to those that […]
Posted inSpeed Round
Can this agreement for an Alex multipurpose facility finally be allowed to rest in peace?
Can this agreement for an Alex Port multipurpose facility finally be allowed to rest in peace? It now appears that this zombie project from the Egyptian Economic Development Conference, which has been killed and resurrected more times than a video game boss, may be allowed to die. Transportation Minister Hisham Arafat tells Al Borsa that […]
Posted inSpeed Round
FEI’s Investment Committee drafting Egypt’s first-ever franchising law
The Federation of Egyptian Chambers of Commerce’s Investment Committee is drafting legislation to govern the still-immature franchise industry in Egypt, committee member Ayman El Negouly said, Youm7 reports. The committee is outlining the first-of-its-kind legislation now and could present it to the House of Representatives in its upcoming season, El Negouly said. The law is […]
Posted inSpeed Round
New ambassador to Italy Hesham Badr presents his credentials
New Egyptian ambassador takes post in Rome: Egypt’s ambassador to Italy, Hesham Badr, presented his credentials to Italian President Sergio Mattarella in Rome last Thursday, according to an official statement from the Ministry of Foreign Affairs. Diplomatic relations between the two countries, which have been strained since the Regeni murder in 2016, have been returning […]