Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Climate (MENA) 
We’re going to grow more corn next year: The Agriculture Ministry announced its intention to increase the total farming area devoted to corn nationwide by two thirds in FY2018-19 to help reduce the country’s reliance on imports, Reuters reports. It targets increasing the corn cultivation area by 800k feddans to 2 mn feddans by the […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Japan pledges funding for education initiatives in Egypt, supports move to restart regional peace talks
Arigato, Nippon: Japan has pledged JPY 18.6 bn (USD 170 mn) in yen-denominated loans to Egypt to build facilities to implement Japanese-style education, according to Japan Times. This followed the meeting between Japan’s Foreign Minister Taro Kono and President Abdel Fattah El Sisi at which Kono also pledged JPY 1 bn to support the Japan-backed […]
Posted inSpeed Round
Alwaleed to buy half Credit Agricole’s stake in Banque Saudi Fransi at a discount
Alwaleed to buy half Credit Agricole’s stake in Banque Saudi Fransi at a discount:Saudi businessman Alwaleed bin Talal’s Kingdom Holding Company is buying 16.2% of Banque Saudi Fransi from Credit Agricole Saudi Arabia, “at a discount,” in a USD 1.54 bn transaction, Bloomberg reported yesterday. The transaction sets Banque Saudi Fransi’s share price at SAR […]
Posted inSpeed Round
OPEC could prolong oil cuts to boost prices
OPEC could be prolonging oil production cuts that are set to expire in March 2018 “well into the second half of next year in effort to boost prices,”sources tell Bloomberg. “An extension of that duration would be needed under the worst-case scenario for the oil market that OPEC ministers are now contemplating,” the sources add, […]
Posted inSpeed Round
Arab League rejects Kurdish referendum
Iraqi Kurdistan independence referendum has regional powers on edge: The Arab League has passed a resolution declaring that a planned 25 September referendum by the Kurdish Regional Government in Iraq would be an affront to Iraqi sovereignty, reports AMAY. Regional powers have been on edge since the semi-autonomous region decided to push through the referendum […]
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
Emerging market bonds supported by IMF reform programs
Bond investors are following IMF reform packages: International bond market buyers are turning to high-yield emerging market bonds whose issuers are getting support from the IMF, Selcuk Gokoluk writes for Bloomberg. “The pledge of discipline and transparency that goes along with the aid has helped make” those countries the top performers outside the Americas this […]
Posted inImage of the Day
Apple launches iPhone 8, iPhone X, new watch and FaceID
Apple announced three iPhone models last night: The iPhone 8 and 8 Plus and an all-screen tenth-anniversary edition it’s calling iPhone X (which, yes, has no home button, and uses your face to open the device). We’re quite in love with the latter. Both the 8 and the X include new cameras, faster processors, wireless […]
Posted inEGYPT IN THE NEWS
Disappearance of Giulio Regeni’s lawyer tops coverage of Egypt in the international press
The alleged disappearance of the lawyer investigating the murder of Italian PhD student Giulio Regeni is dominating an otherwise very slow news day for Egypt in the foreign press this morning. Ibrahim Metwaly, who founded the Stop Enforced Disappearances group and has been representing Regeni’s family since his murder last year, was scheduled to attend […]
Posted inWorth watching
Netflix brings the Magic School Bus back to life with an all new Ms. Frizzle
Remember the Magic School Bus? Netflix is bringing it back to life. At least a couple of us here at Enterprise are excited to watch Netflix’s remake of the Magic School Bus animated series once it graces our screens on 22 September. Not only is the familiar yellow bus getting a revamp, the intrepid Ms. […]