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Streaming overtook song downloads in the U.S. for the first time in 2016, according to a year-end Nielson report, Matthew Strauss reported for Pitchfork. “Overall on-demand audio streams surpassed 251 [bn] in 2016 — a 76 percent increase that accounts for 38 percent of the entire music consumption market.” 2016 saw an average of 1.2 […]
Author Archives: enterpriseam admin
Posted inTHE WEEK’S MOST-CLICKED STORIES
The most-clicked stories in Enterprise in the past week were: Hadary’s saves in the Afcon semi. (Facebook video) Denis Leary’s STFU bit, just for the day traders among us. (Video, Youku) Starbucks boss Howard Schultz’s pledge to hire 10k refugees in reaction to Trump’s immigration ban is a masterclass in internal and external comms. (Starbucks […]
Posted inBEYOND THE RUBICON
Beyond the Rubicon: Show Me The Money
Show Me The Money Imagine waking up one morning to the news that the government has announced that, overnight, all of your cash is illegal and that you, and everybody else, will need to go to the bank and exchange your cash for new notes. Not only that, but if the government suspects that the […]
Posted inON YOUR WAY OUT
The monotony of globalism
Swiss photographer Roger Eberhard is wondering “why do we travel the world and stay in a place that looks same everywhere we go? What does that say about us as creatures of habit?" For his new photo book, Standard, the Swiss photographer traveled to 32 countries across six continents and always stayed for one night […]
Posted inWhat We're Tracking Today
Essam El Hadary celebrates Egypt’s advance to AFCON final
The Pharaohs have made it to the Africa Cup of Nations final. Veteran goalkeeper Essam El Hadary takes a moment to celebrate (and thank the heavens above) after his second successful block of a penalty shot from Burkina Faso allowed Egypt to advance to the Afcon final after an extremely tense 120 minutes of play. […]
Posted inON THE HORIZON
On the horizon
Russian security inspectors will be Cairo in the first half of this month for an airport security audit, Russian Transport Minister Maxim Sokolov said, according to TASS. Security inspectors were expected to arrive for a “final inspection” this week and Izvestia newspaper had said 23 February is the proposed date for the resumption of direct […]
Posted inEnterprise+: Last Night’s Talk Shows
No new cabinet today; Supply Ministry defends price hikes; Adib celebrates well deserved victory
If you were hoping for clarity on the cabinet shuffle today, you’ll be sadly disappointed. Ismail cabinet spokesperson Ashraf Sultan told Al Hayah Al Youm’s Tamer Amin that the new lineup has not been finalized yet. “The negotiations are still ongoing and there is no final date for when the cabinet will send its list […]
Posted inSpeed Round
Central bank receives eurobond proceeds, issuance signals trust in Egypt’s reforms
The Central Bank of Egypt netted USD 4 bn on Tuesday as it collected the proceeds from the eurobond issuance last week, Central Bank Governor Tarek Amer said, according to Reuters. Given that Tuesday was the last day of January, we expect that the bond proceeds will be reflected in a markedly improved reserves figure […]
Posted inSpeed Round
Finance Ministry finishes VAT executive regulations
The Finance Ministry has finished drafting the long-awaited executive regulations for the value-added tax and a draft of the document is with the State Council (Maglis El Dowla) for review, Deputy Finance Minister Amr El Monayer told DMC. El Monayer said that the regulations reflect the input of the business community.