Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Climate (MENA) 
EFG Hermes topped the EGX’s brokerage league table for August with a 12.6% market share, according to Youm7. CI Capital came in second with a market share of 11.2%, followed by Pharos Holding (5.5%), Pioneer Holdings (5.2%) and Beltone Financial (4.7%). In other news from the world of finance: Mubasher has landed a mandate to […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Export Development Bank of Egypt appoints new deputy chairman
MOVES- The Export Development Bank of Egypt appointed Ahmed Galal Abdallah as Deputy Chairman, according to a bourse disclosure. Abdallah has been appointed to a three-year term.
Posted inSpeed Round
Trade Ministry extends wheat moisture limit of 13.5% for another nine months
In bid to diversify sources of wheat, Trade Ministry extends 13.5% moisture limit of 13.5% for another nine months: The Trade and Industry Ministry approved allowing shipments of wheat with moisture levels of up to 13.5% for an additional nine months in a bid to promote competition among different origins at its state tenders, Reuters […]
Posted inSpeed Round
Governors to get more power to seize illegally occupied land
The Ismail cabinet is expected to approve granting governors greater leeway in evicting those illegally occupying state lands, official sources tell Al Masry Al Youm. It is unclear what these new measures, which will be part of the executive regulations of a law governing the issue of illegally settled land, will entail. We have been […]
Posted inSpeed Round
Fairfax making waves in Africa
Fairfax liking Africa these days: Canada’s Fairfax Financial Holdings is willing to pump USD 386 mn into Afrisam Group Pty to better position the cement producer to merge with rival PPC, according to Bloomberg. The merger has been talked of for a long time now, but looks to heat up again with Fairfax’s offer to […]
Posted inSpeed Round
US says North Korea is “begging for war”
The Doomsday Clock inches closer to 12: North Korea’s test of what ot claims is a hydrogen bomb on Sunday sparked fresh outrage from the US Government, which delivered its most scathing diplomatic attack through its UN ambassador Nikki Haley, who said that the rogue state was “begging for war.” The US plans to circulate […]
Posted inSpeed Round
French Foreign Minister in Libya
French Foreign Minister Jean-Yves Le Drian was in Libya Monday to push for peace, Reuters reports. Le Drian is trying to build on an accord signed by Libya’s two major sides, Prime Minister Fayez al-Seraj and Egyptian ally Khalifa Haftar, and suss out support for it from other factions. The push comes as part of […]
Posted inSpeed Round
IMF cuts growth forecast for Qatar
The IMF has cut its growth forecast for Qatar last week as a result of the trade embargo by GCC states and Egypt. Non-oil growth is projected to moderate to 4.6% in 2017 from 5.6% in 2016 “due to the ongoing fiscal consolidation and trade diversion,” the IMF said. Nonetheless, it also said that the […]
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 inImage of the Day
Egyptian graphic designer launches project to teach Arabic with Lego blocks
Egyptian graphic designer teaches Arabic with Lego blocks: Egyptian graphic designer Ghada Wali came up with a project to help teach foreigners and young students the language with an unexpectedly simple tool — Lego blocks, Quartz’s Abdi Latif Dahir says. With Let’s Play, Wali created a “full Arabic abstract display typeface through playfully building each […]