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26 May-23 June (Friday-Friday): Window for firms to submit expressions of interest to the European Bank for Reconstruction and Development for consulting on Egypt’s oil and gas sector reform, London, UK. 22 June (Thursday): Nile Summit scheduled to be held in Uganda. 26-28 June (Monday-Wednesday): Eid Al-Fitr (TBC). 30 June (Friday): 30 June, national holiday. […]
Author Archives: enterpriseam admin
Posted inWhat We're Tracking Today
What we’re tracking on 12 June 2017
We’re now officially in the dog days of Ramadan. How do we know? Well, for starters, there’s nearly no domestic news of any flavour today. Then there’s the fact that the biggest story on ‘Egypt’ in the international press this morning is confirmation that the next iteration of the popular video game Assassin’s Creed is […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
The stamp tax on capital market transactions could come into effect as early as this week. The House of Representatives will tackle the Labor Act this coming Thursday in a plenary session, while the House Manpower Committee will hold hearings on the Labor Unions Act starting mid-July. The House of Representatives has yet to confirm […]
Posted inON THE HORIZON
On the horizon
The Nile Basin Initiative’s presidential summit kicks off on 22 June in Uganda. The summit was originally slated for mid-May, but was postponed to give Egypt the chance to decide whether it would resume its membership in the initiative, which it had frozen in 2010. President Abdel Fattah El Sisi discussed preparations for the summit […]
Posted inEnterprise+: Last Night’s Talk Shows
Tiran and Sanafir continue to dominate the debate on the airwaves
As expected, the debate over the Tiran and Sanafir handover treaty in Parliament dominated the airwaves, and we expect it will continue to do so during the entire debate. Over on Kol Youm, Amr Adib called MPs’ behaviour “embarrassing” as he aired footage of yesterday’s debate. What’s worse, he said, the real discuss about the […]
Posted inSpeed Round
House begins latest debate of Tiran and Sanafir handover
Smurf Island debate kicks off in the House of Representatives: The House was the scene yesterday of a “raucous” debate of the agreement to hand over Tiran and Sanafir to Saudi, the Associated Press says. The government’s report to the House on the matter says that Egypt will maintain administrative control over the two islands […]
Posted inSpeed Round
Trade and Industry Ministry form committee to resolve issues with the automotive directive
Trade and Industry Ministry forms committee to break deadlock over automotivedirective: The Trade and Industry Ministry is forming a committee of Federation of Egyptian Industries and Industrial Development Authority (IDA) officials to look into resolving the deadlock on the automotive directive, Al Borsa reported last Thursday. The move is the latest in an attempt to […]
Posted inSpeed Round
USD 400 mn from Saudi for Sinai development, WB and AfDB in town to disburse funds
The Saudi Fund for Development disbursed last week a USD 400 mn tranche of its USD 1.5 bn loan for the development of Sinai, Investment and International Cooperation Minister Sahar Nasr said, according to remarks carried by Al Mal. The loan is set to fund King Salman University, King Salman Bridge, upgrades to the Kasr […]
Posted inSpeed Round
Egyptian President Abdel Fattah El Sisi kicks off German tour
President Abdel Fattah El Sisi is in Berlin today, where he’s expected to sign agreements worth a combined EUR 207 mn. El Sisi will meet talk terrorism and illegal migration with German Chancellor Angela Merkel during the trip. The two leaders had made headway on cooperation on migration during her visit to Egypt in March, […]