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Planning Minister Hala El Said had a number of things to say at a national competitiveness council event yesterday about which you folks need to know this morning. Among the highlights: A government “wage council” is coming: The establishment of the National Wages Council is awaiting ratification by the Ismail Cabinet, Youm7 reports. The council, […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Egypt’s mediation effort on Palestine bears fruit as Hamas agrees to elections:Hamas agreed yesterday to dissolve its government in Gaza and hold general elections after mediation efforts by Egypt, the group said in a statement (you can read the full text here on AMAY). Hamas invited the 2014 Palestinian Unity Government to begin working from […]
Posted inSpeed Round
Kuwait downgrades diplomatic ties with North Korea. Will regional US allies follow suit? Kuwait has given North Korea's ambassador a month to leave the country and will downgrade its diplomatic representation with Pyongyang, a senior Kuwaiti diplomat told AFP. The source also said North Korea’s diplomatic representation in Kuwait will also be reduced to a […]
Posted inSpeed Round
British authorities have reduced the country’s terror threat to “severe” from “critical,” after police yesterday apprehended a second suspect in the Friday bombing, BBC reports. Detectives have started questioning the two men, aged 21 and 18, who were detained in connection with the weekend attack on Parsons Green tube station in London, which left 30 […]
Posted inSpeed Round
Maybe Wags can help you process this, Axe: Woman-run hedge funds outperform those run by men. Returns from hedge funds run by women were twice as high as those run by their female counterparts in 2017, according to the Financial Times. The HFRX Women index, which aggregates the performance of female hedge fund managers, has […]
Posted inSpeed Round
*** 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 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
2017 looks to be the best year for emerging markets exporters since 2011: Emerging markets export volumes appear to be growing at their fastest pace this year since 2011, writes Steve Johnson for the Financial Times. Emerging market exports rose 5.2% y-o-y in volume terms in the 1H2017, according to data from Capital Economics. USD […]
Posted inEGYPT IN THE NEWS
Egypt’s role in brokering Hamas’ potentially landmark step toward elections and reconciliation with Fatah topped coverage of Egypt on an otherwise slow news day. Other headlines worth noting in brief include: Forbes Middle East published a list of what it says were the top 10 selling cars in Egypt in 1H2017. The top selling car […]
Posted inOn Deadline
Egypt’s decisionmakers must begin looking forward instead of reverting to outdated ideas and technologies, with the most prominent example being our renewed interest in coal and nuclear energy, Ehab El Zalaky writes for Al Masry Al Youm. Experts see the coal business as dying out, and adopting a nuclear energy program when the cleaner and […]