Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Climate (MENA) 
This reeks of opportunity: Government offices and companies now have three months to switch from a cash to an electronic payment system for their staff salaries, according to an ultimatum issued by Prime Minister Sherif Ismail on Tuesday, Youm7 reports. The decision prohibits a return to cash or cheque payments and is part of a […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Turkey arrests key suspect in New Year’s Day terror attack
Turkish police said they captured the suspected gunman who killed 39 people in an Istanbul nightclub on New Year's Day, Reuters reported. The suspect, a man of Uzbek origin identified as Abdulgadir Masharipov, was detained with a man of Kyrgyz origin and three women from Egypt, Senegal, and Somalia.
Posted inSpeed Round
Inktank Communications is hiring an investor relations analyst
** Investor relations analyst wanted: Inktank Communications, the Cairo-based investor relations firm that works with both major EGX-listed companies and privately held groups, is looking for two investor relations analysts. The position with our parent company entails working on everything from investor presentations, earnings releases, board material and client transactions to investor-focused press releases and […]
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
El Hadary makes international headlines for being AFCON’s oldest player in history
A Reuters story on the addition of retired football star Mohamed Aboutrika to Egypt’s terror list is setting the tone on coverage of Egypt in the international press this morning. Aboutrika is in Gabon, where he’s calling games for the African Cup of Nations tourney, the newswire says. An Egyptian court added Aboutrika to a […]
Posted inOn Deadline
Tiran and Sanafir case highlights government’s lack of political vision
The Tiran and Sanafir case has proven once again that the government lacks political vision, which has led to Egypt enduring one crisis after the next, Amr El Shobaky writes for Al Masry Al Youm. The government’s missteps in the Tiran and Sanafir debacle began with the secretive negotiations on the border demarcation agreement, which […]
Posted inWorth reading
Nestlé holds 20% of the global market, but has grown slower it wants
Acquisitions such as the Bonjorno buyout in Egypt announced yesterday could be a key feature of Nestlé’s business model going forward as the global giant looks to make up for having missed its global growth targets. The Economistnotes that Nestlé has been missing its sales growth targets of 5-6% in the past few years. This […]
Posted inWorth watching
The lives of Alexandria’s once-thriving Greek community
Nothing in Egypt can make us feel as nostalgic as listening to stories of how cosmopolitan and beautiful Alexandria was up until just two generations ago. Al Jazeera World reminded us of a poignant tale of Egypt's once-thriving Greek community, told through interviews with those returning to find their old homes, neighborhoods, businesses, and friends, […]
Posted inEnergy
Egypt signs two oil and gas exploration agreements
Egypt signed two exploration and production agreements in the Western Desert and Suez Canal regions, Aswat Masriya reported. The first agreement was signed with Sahara for Oil and Gas, a sister company of Sahara Petroleum Services (SAPESCO), with an investment value of USD 30 mn. The second agreement was inked with the Offshore Shukeir Oil […]
Posted inEnergy
Kuwait Energy sells 25% of its interest in Abu Sennan concession
Kuwait Energy of signed a Farm-Out Agreement (FOA) selling a 25% participating interest in the Abu Sennan concession to newcomer Global Connect, according to a statement from Kuwait Energy. Kuwait Energy held a 50% interest in the concession, which was discovered last July, with Dover Investments and Rockhopper Exploration.