Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
The Consumer Protection Authority (CPA) has referred e-commerce platform Jumia to prosecution for offering unlicensed painkillers after a customer shopping on Jumia lodged a complaint with the CPA, Al Borsa reports. Jumia’s CEO has denied the company is legally responsible for the incident, which he believes is nothing more than a conflict between competing pharmacies, […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Air France receives approval to repatriate profits, takes devaluation hit
Air France was allowed to repatriate some of its profits in Egypt abroad, but had to absorb the impact of the EGP devaluation, Air France KLM’s Egypt Country Manager Cees Ursem told Al Borsa. The company received approvals to repatriate its profits although it has only opted to transfer a small amount, Ursem says. He […]
Posted inSpeed Round
New investments lined up at Davos
The tally from Davos: Like that favorite uncle who comes home from abroad bearing gifts, the Egyptian delegation to the World Economic Forum has returned with some promising leads. The Swiss Agency for Development and Cooperation (SDC) is investing EGP 1.6 bn in Egypt in the coming four years, said SDC director Manuel Sager following […]
Posted inSpeed Round
Suez Canal revenues fall in 2016
Suez Canal revenues dropped by USD 170 mn y-o-y to record USD 5.01 bn in 2016, Reuters’ calculations showed. The canal generated USD 5.18 bn in 2015.
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
Iraq is courting Egypt into joining the Axis of Resistance
While tensions between Egypt and Saudi Arabia are high, Iran is seen as pushing Iraq to broker Egypt’s inclusion into the so-called “Axis of Resistance,” writes Mustafa Saadoun for Al-Monitor. The axis can provide Egypt with cheaper oil than Saudi Arabia could, he adds. Rapprochement between the countries could mean an alliance to fight terrorism […]
Posted inEGYPT IN THE NEWS
Egypt in the spotlight for last minute goal against Uganda in AFCON
Egypt’s last minute 1-0 win over Uganda in the African Cup of Nations was featured heavily the international press overnight, with many, including Reuters, BBC, ESPN, Eurosport, Yahoo Sports, Sports24, and Goal.com.
Posted inEGYPT IN THE NEWS
Egypt loves Donald Trump, writes Rick Lyman in NYT
Egypt hearts The Donald: Support for Donald Trump among Egypt’s “anti-Islamist establishment” remains strong, writes Rick Lyman for The New York Times. “On the street, long-simmering anti-American sentiment seemed to fuel a more subdued attitude toward the new president,” he says. He also notes Al-Ahram columnist Hany Assal’s critical remarks, accusing democratic liberals that oppose […]
Posted inEGYPT IN THE NEWS
Events driven by climate change already hitting Alexandria
Many of the cafes and businesses on the Alexandrian coast have begun adjusting to extreme weather without making the link to climate change, Ruth Michaelson writes for The Guardian. “The coastal waters are inching closer to buildings and flooded ancient structures, including the Greco-Roman tombs at Anfushi. Seawater seeping into the groundwater has also made […]
Posted inEGYPT IN THE NEWS
Egypt to mediate “political dialogue” between Libya’s rival factions
Egypt is looking to bring the leaders of Libya’s rival factions together for a sit-down that can help them find a diplomatic solution to “chart a joint vision for the country,” according to a report from The Associated Press. Cairo will be hosting talks between the national accord government’s leader Fayez Al Seraj and the […]