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M&A WATCH- Amazon subsidiary Souq.com has acquired Wing.ae, a startup that is building out a network for Prime-style same-day and next-day deliveries for various e-commerce marketplaces, according to TechCrunch’s Ingrid Lunden. Lunden says “Souq and Amazon are buying into a startup that will help them stay ahead in an area that has been one of […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Bibi says relations with Arab world at all time high
Israeli Prime Minister Benjamin Netanyahu said Israeli-Arab relations are at their best ever, according to the AP. Netanyahu said that even though a deal with the Palestinian side isn’t close it hasn’t affected relations with Arabs even if their extent remains out of the public eye. Other international stories worth noting in brief this morning: […]
Posted inUncategorized
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Posted inTHE MACRO PICTURE
Some actively managed emerging market funds consistently outperform index
Actively managed emerging market funds may be capable of consistently outperforming their benchmark, research has shown, according to The Financial Times. This improved performance only happens if the funds “are given the freedom to take punchy bets” and notion runs counter to overwhelming evidence from developed markets suggesting that very few funds are capable of […]
Posted inEGYPT IN THE NEWS
HRW says torture in Egypt is systematic, probably a crime against humanity
The conversation on Egypt in the global press is being dominated by Human Rights Watch report that claims the nation’s security services “routinely” torture political detainees. The story is getting wide pick-up by the wires as well as The Guardian, CNN, the BBC, Vice and Ireland’s Independent, among many others. The report alleges torture is […]
Posted inEGYPT IN THE NEWS
Regime in control over media in Egypt -report
Media in Egypt is “increasingly dominated by businessmen with links to the government and its intelligence services,” according to a report by Reporters Without Borders, cited by the Associated Press. The report says “the regime’s domination of the media continues to grow and is even affecting pro-government media.” Reporters Without Borders’ website is not accessible […]
Posted inEGYPT IN THE NEWS
Move to restore synagogue in Alexandria strikes many as “odd”
Following on The Economist’s report on the 20 Egyptians working to preserve the country’s Jewish heritage, The Guardian’s Ruth Michaelson looks into the project to restore the Eliyahu Hanavi synagogue in Alexandria. The decision to restore the synagogue has struck many as odd, Michaelson writes, “given the size of the country’s Jewish population, believed to […]
Posted inEGYPT IN THE NEWS
Egypt is going energy mad -Petroleum Economist
“Egypt is going energy mad,” says the Petroleum Economist. If the Dabaa nuclear power plant project succeeds, Egypt’s long-term electricity needs could be covered, especially since the country is close to being self-sufficient in natural gas, as Zohr is due to come onstream end of the year. President Abdel Fattah El Sisi invited his Russian […]
Posted inOn Deadline
Benban power plants are a model for further renewable energy projects
The solar power plants in Benban, Aswan, serve as an excellent model for further renewable energy projects in villages that are in need of power supply, Ahmed Abdel Tawab writes for Al Ahram. Abdel Tawab points out that the plants in Benban fulfill the village’s electricity needs and produce enough surplus to feed back into […]