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A former member of FIFA's Governance Committee alleges that there are “serious allegations” concerning the election of Egypt's Hany Abo Rida to the FIFA Council in May, BBC reports. Abo Rida’s opponent in the elections had alleged that he threw a party and flew in delegations from the other federations, a violation of FIFA’s election […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
MPs selling Hajj visas to tour operators
Parliamentarians are in the hot seat again after accusations that some have sold Hajj visas they had been gifted by the Saudi government, according to Gulf News. The accusations have prompted calls for an investigation.
Posted inON YOUR WAY OUT
On this day: 17 September
ON THIS DAY- On this day in 1978, Egyptian President Anwar Sadat, Israeli Prime Minister Menachem Begin and US President Jimmy Carter signed the Camp David Accords in Washington. The accords laid the groundwork for peace between Egypt and Israel and called for a formal peace treaty to be signed between the two countries within […]
Posted inThe Market Yesterday
Powered by EGP / USD CBE market average: Buy 17.6147 | Sell 17.7147 EGP / USD at CIB: Buy 17.60 | Sell 17.70 EGP / USD at NBE: Buy 17.63 | Sell 17.73 EGX30 (Thursday): 13,611 (+1.3%) Turnover: EGP 1.5 bn (77% above the 90-day average) EGX 30 year-to-date: +10.3% THE MARKET ON THURSDAY: The […]
Posted inCALENDAR
15-18 September (Friday-Monday): Sharm Travel Market, venue TBD, Sharm El Sheikh. 18-19 September (Monday-Tuesday): Euromoney Egypt conference, venue TBD, Cairo. 19 September (Tuesday): Deadline for applications for funding under the Newton Institutional Links programme. 20-23 September (Wednesday-Saturday): 2017 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo. 21 September (Thursday): Islamic New Year, […]
Posted inWhat We're Tracking Today
What we’re tracking on 14 September 2017
The report card is in: The economy grew 4.2% in FY2016-17, according to figures released by the Planning Ministry and covered by Reuters. Growth in the fourth quarter of the fiscal year came at 5%, up from 4% a year earlier. The final figures appear to be an upward revision from the preliminary figures released […]
Posted inON THE HORIZON
On the horizon
President Abdel Fattah El Sisi will be attending the 72nd Regular Session of the UN General Assembly in New York City, which kicked off last Tuesday and will continue through 25 September. A delegation from Ittihadiya is already there to prepare for El Sisi’s arrival, which has yet to be officially announced, according to unconfirmed […]
Posted inEnterprise+: Last Night’s Talk Shows
Is Egypt’s industry lagging in R&D?
The airwaves covered a variety of topics last night ranging from Egypt’s industry lagging technologically to an update from the Planning Minister on recent economic indicators. Amr Adib thinks our auto industry should have built an electric car by now. Kol Youm’s Amr Adib pointed to the automotive industry as one of the sectors that […]
Posted inSpeed Round
Did a former Trump aide push Egypt to postpone Dabaa to look at a rival nuclear offer?
US Dems investigating whether former Trump aide pushed a plan with the Russians to build nuclear plants in Egypt, Middle East: Democratic Party lawmakers are probing whether former national security adviser Michael Flynn secretly lobbied for a US-Russian project to build nuclear reactors in the Middle East, according to reports from Reuters and Newsweek. Lawmakers […]