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MOVES- The House of Representatives approved yesterday the appointment of Mohamed Erfan as head of the Administrative Control Authority (ACA), the nation’s top anti-corruption watchdog, for a four-year term, Al Masry Al Youm reports. Erfan was previously tapped as the acting head of the ACA until April.
Author Archives: enterpriseam admin
Posted inSpeed Round
Egypt brings home the gold, bronze medals at the Special Olympics
Egypt’s team at the 2017 Special Olympics World Winter Games in Austria has done us proud, with Mohamed Abdo bringing home the gold medal and Alaa Abdel-Aziz winning the bronze, both for the 100-meter snowshoeing race. Egypt was represented by 20 athletes, 16 of whom are were on the floor hockey team, while the rest […]
Posted inSpeed Round
International news on 27 March 2017
A handful of international headlines worth noting this morning: Stop us if you’ve read this before in any one of the last “n” political or economic “crises”: “London and New York lose ground to Asian rivals in finance rankings,” warns the FT, scolding that “Brexit and Donald Trump raise questions over strength of City and […]
Posted inUncategorized
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Posted inImage of the Day
ASE reopens after renovations
The Alexandria Stock Exchange’s (ASE) newly renovated building, in the Mediterranean city’s downtown Mohammed Ali Square, was inaugurated on Sunday after months of work to restore its historical glamor as Egypt’s first bourse and one of the Middle East’s oldest. While the building that stands today (and its surroundings) may look wildly different from those […]
Posted inEGYPT IN THE NEWS
56 people sentenced over migrant boat capsizing
Topping coverage of Egypt this morning in the foreign press is the sentencing 56 people to prison over the migrant boat capsizing that killed over 200 people last year, with widespread pickups of the Reuters story.
Posted inEGYPT IN THE NEWS
Preserving Egypt’s Jewish heritage
AFP has a report on how Magda Haroun, one of “Egypt’s last Jews,” is working to keep Jewish heritage in Egypt alive. Haroun’s dream “is for Jewish artifacts to be seen by the public, perhaps in a planned museum of Egyptian civilisation.” Antiquities Minister Khaled El Enany told the AFP “all antiquities have the same […]
Posted inEGYPT IN THE NEWS
Other international news stories worth noting this morning
Arabic calligraphy has recently begun to fire the imagination of artists striving to create street art with an Arab identity, India Stoughton writes for 1843, The Economist’s sister magazine. Stoughton points to now-famous Manshiyat Naser mural “Perception” that spans more than 50 buildings. “They seem abstract and random,” Stoughton writs, “But stand in the cafeteria […]
Posted inOn Deadline
What if banks are inaccurately pricing the USD, one economic analyst asks in his latest piece
What if banks haven’t figured out how to price the USD? CI Capital macro analyst No’man Khaled asks in his latest column for Al Shorouk. Sharp swings, rather than slight fluctuations, in the EGP-USD exchange rate seem to be more the result of “short-sighted personal effort” rather than a deep understanding of the economic situation […]
Posted inDiplomacy + Foreign Trade
Diplomacy and foreign trade on 27 March 2017
President Abdel Fattah El Sisi met yesterday with World Jewish Congress President Ronald Lauder and his advisor for Middle East Affairs, Thaer Mukbel, to discuss regional issues, primarily restarting Israeli-Palestinian peace talks, Ahram Gate reports. The two also discussed efforts to fight terrorism and El Sisi’s planned visit to Washington next month. The situations in […]