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Posted inSpeed Round

Steel magnate Ahmed Ezz released from prison

Steel magnate Ahmed Ezz was released from prison on EGP 250k bail and placed on a no-fly list. Ezz faces charges of illegally obtaining a steel production license “depriving the state of EGP 660 mn,” Al Masry Al Youm reports. Ezz and former Industrial Development Authority Chairman Amr Assal, a co-defendant in the case, were […]

Posted inSpeed Round

Top international stories worth noting

A handful of international stories worth a skim this morning: Libya’s eastern commander Khalifa Haftar’s forces recaptured Benghazi from Islamist militants and other armed groups, Reuters reports. Volvo is joining in on the auto industry’s recent shift towards electric vehicles, announcing yesterday it will “offer only hybrid or full-electric motors on every new model launched […]

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 inEGYPT IN THE NEWS

Other stories making the rounds on 6 July

Other stories making the rounds this morning: Media company Mindshare will be presenting Egypt in new light to “drown out the perception that [it] is an unsafe destination,” says Cream Global. “Strict release conditions need to continue” for an Egyptian in Toronto with alleged ties to terror,NanaimoNewsNOW reports. Egypt reportedly blocked a US proposal to […]

Posted inDiplomacy + Foreign Trade

Egypt agrees to open Rafah border in another sign of warming ties with Hamas

Egypt has reportedly agreed to open the Rafah border crossing in September,Ynetnews reports. Cairo and Hamas have been growing closer lately, with Egypt reportedly supplying Gaza with 22 fuel shipments last Friday and rumors flying that Cairo will also be providing the strip with security equipment. While these developments have improved conditions for Gazans, they […]

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