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23 February - 16 March (Thursday-Thursday): Glimpses of Upper Egypt exhibition at Accademia d’Egitto in Rome. 02-03 March (Thursday-Friday): German Chancellor Angela Merkel’s visit to Egypt. 06-08 March (Monday-Wednesday): 13th EFG Hermes One on One Conference, Dubai, United Arab Emirates. 08 March (Wednesday): Microfinance forum, Nile Ritz-Carlton, Cairo. 09-11 March (Thursday-Saturday): Egypt Projects Summit, Cairo […]
Author Archives: enterpriseam admin
Posted inWhat We're Tracking Today
What we’re tracking on 28 February 2017: Shoukry-Tillerson meet; Sadat is booted from the House
Sameh Shoukry in DC: Foreign Minister Sameh Shoukry met with US Secretary of State Rex Tillerson in Washington, DC, on Monday. The two talked about a re-set of US-Egyptian relations, with Tillerson reportedly saying the US will increase aid to Egypt to support its ongoing war against terror, Youm7 reports. The two also discussed Egypt’s […]
Posted inWhat We're Tracking Today
What we’re tracking on 28 February 2017: Egypt food exporters shine in Gulfood 2017, surveillance cameras at Cairo shops
131 Egyptian food producers are participating in this year’s Gulfood expo in Dubai’s World Trade Centre. The event, generally considered the world’s largest annual food event, runs from this past Sunday through next Sunday. Edita boss Hani Berzi, wearing his hat as chairman of the Food Export Council (FEC), said 106 food manufacturers and 25 […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
Finance Minister Amr El Garhy is due to brief the House of Representatives on all things fiscal. German Chancellor Angela Merkel is due in Cairo on Thursday for talks with President Abdel Fattah El Sisi and other senior government officials.
Posted inON THE HORIZON
On the horizon
Russian flights to Egypt could “in principle” resume in March, Russia’s Transport Minister Maksim Sokolov told Sputnik. Even if flights resume next month, tourism expert Essam Aly tells the Russian news agency he expects Russian tourists would only start returning to Egypt by 15-20 April, in time for the Easter Holidays. Sokolov had also added […]
Posted inEnterprise+: Last Night’s Talk Shows
Last Night’s Talk Shows is off today, back tomorrow
Our roundup of last night’s talk shows is off today — even the wicked need a day of rest every now and again — and will return tomorrow.
Posted inSpeed Round
El Garhy speaks at AmCham luncheon, promises determination, resolve in policy making, announces ambitious targets
El Garhy: No backing away from subsidy reform, IMF visiting in April, stamp tax is coming. Fresh off the successful float of the EGP and the closing of a USD 4 bn eurobond, the finance minister and his team are now in the trenches on the 2017-18 budget — and looking at how to push […]
Posted inSpeed Round
CBE amends what banks can do with excess foreign currency positions, says a quarter can be used for profit repatriation
Profit repatriation window opens a bit wider for foreign companies in Egypt: The Central Bank of Egypt has amended regulations on how banks can use their excess foreign currency balances, Al Mal reports. Banks can now use 50% of their excess currency to finance non-essential demand, 25% can be reinjected into the interbank market, and […]
Posted inSpeed Round
Tax Authority suggests “ideal” stamp tax rate of 0.175%
Tax Authority suggests 0.175% is an ideal stamp tax on the EGX: Tax Authority head Emad Samy says his agency’s studies suggest that a 0.175% stamp tax on the buy- and sell-side of stock market transactions would not hurt the EGX and should reel in an additional EGP 1-1.5 bn in annual revenues, according to […]