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The trends in terrorist attacks in Egypt over the past two quarters represents a shift in Daesh’s overall strategy towards Egypt as the wave of attacks targeting Copts continued, according to TIMEP’s Egypt’s Security Watch for 1Q2017. Reports of attacks in North Sinai fell in the first quarter of this year, and so did incidents […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Facebook initiative to support female entrepreneurs in Egypt
Facebook wants to know even more about you if you’re a female business owner / founder. Women who have founded, cofounded, or own a business — and are interested in using Facebook and Instagram to grow it — meet the criteria to join Facebook’s #SheMeansBusiness initiative, Archana Menon writes for Wamda. The initiative launched in […]
Posted inON YOUR WAY OUT
Are we living in the end of the heyday of the white taxi?
Is it the End Times for the white taxi? White taxi drivers are complaining that their livelihoods have been severely impacted by both the economic reform agenda and the arrival of ride-hailing apps such as Uber and Careem. Business Monthly’s Henry Johnson looks at how those factors and the appalling customer service of white taxis […]
Posted inON YOUR WAY OUT
The original Nutty Professor dies at age 91
The original Nutty Professor dead at age 91: UScomedian Jerry Lewis passed away on Sunday at the age of 91 in his Las Vegas home. Lewis first rose to fame “shortly after World War II with a nightclub act in which the rakish, imperturbable Dean Martin crooned,” the New York Times says. He then went […]
Posted inThe Market Yesterday
Powered by EGP / USD CBE market average: Buy 17.7124 | Sell 17.8124 EGP / USD at CIB: Buy 17.72 | Sell 17.82 EGP / USD at NBE: Buy 17.72 | Sell 17.82 EGX30 (Sunday): 13,206 (-0.7%) Turnover: EGP 387 mn (57% below the 90-day average) EGX 30 year-to-date: +5.5% THE MARKET ON SUNDAY: The […]
Posted inCALENDAR
31 August-04 September (Thursday-Monday): Eid Al-Adha, national holiday (TBC) as specified by the Astronomical and Geophysics Institute. The Thursday is the waqfat Arafat, with the first day of the Eid on Friday, 1 September. September — The House of Representatives is due to begin discussion of the proposed bankruptcy bill. 06 September (Wednesday): The Emirates […]
Posted inWhat We're Tracking Today
What we’re tracking on 20 August 2017
President Abdel Fattah El Sisi is scheduled to meet with his Somali counterpart, Mohamed Abdullahi Farmajo, in Cairo today, Youm7 reports. On the agenda are regional issues, led by cooperation on counter-terrorism. CBE to receive FEB’s notes on Central Bank and Banking Act today? The Federation of Egyptian Banks should be sending its notes on […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
Foreign Minister Sameh Shoukry and his Russian counterpart, Sergei Lavrov, are set to meet on Monday. We expect that the resumption of direct flights to Egypt that Russia’s industrial zone and the Dabaa nuclear power plant will be on the agenda. TASS reports that cooperation on counter-terrorism alongside the Syrian, Libyan, and Yemeni crises will […]
Posted inON THE HORIZON
On the horizon
The Italian government will brief that nation’s House and Senate foreign affairs committees on 4 September on the decision to send ambassador Giampaolo Cantini to Cairo “after cited progress in cooperation over the torture and murder of student Giulio Regeni,” ANSAmed reports. This comes as the Regeni family is reportedly planning to come to Egypt […]