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The FIFA football World Cup will be expanded to host 48 teams, up from 32, starting from the 2026 tournament. FIFA president Gianni Infantino has been behind the move, saying the World Cup has to be "more inclusive" and that it would also benefit "the development of football all over the world," according to the […]
Author Archives: enterpriseam admin
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
Youth key to unleash Egypt’s potential -Nasr
Tapping Egypt’s youth is critical for “unleashing Egypt’s vast potential,” International Cooperation Minister Sahar Nasr writes in a piece for The Washington Times. She says the goal of increasing the economic growth rate and “creating jobs through efficient utilization of Egypt’s young human capital requires the transition from an efficiency-driven economy towards a more innovation […]
Posted inEGYPT IN THE NEWS
The Egyptian bureaucracy as the Walking Dead
Al Arabiya reminded us that dealing with the nation’s bureaucracy is like stepping into an episode of The Walking Dead with the story of a man who went to renew his ID card only to be denied on the grounds that he had died a year ago and was already issued a death certificate, which […]
Posted inTHE 2017 ENTERPRISE CEO POLL
Karim Sawabini, partner and portfolio manager, Moon Capital, New York
Few US investors have the insight on Egypt that hedge fund manager Karim Sawabini does. Don’t take our word for it: We’ve included him in our inaugural CEO poll because his name has come up consistently in discussions with some of the smartest guys we know on the global investment circuit. Moon Capital has a […]
Posted inTHE 2017 ENTERPRISE CEO POLL
Aly Shalakany, senior partner, Shalakany Law Office
Aly Shalakany is senior partner at Shalakany Law Office, which he joined from Linklaters in London. Aly is a noted specialist in finance, projects and mergers and acquisitions — he’s also our Weekend Edition columnist, where his Beyond the Rubicon offers an “inside baseball” look at the intersection of business, economy and finance from the […]
Posted inTHE 2017 ENTERPRISE CEO POLL
Elwy Taymour, CEO, Pharos
Elwy Taymour is the founder of Pharos, the full-fledged investment bank and top-ranked Egyptian brokerage that’s particularly well-known for its advisory practice, which has handled some of the most interesting M&A transactions in recent years. A quick thinker on markets and the economy, Taymour has earned our respect for his entrepreneurial approach to finance. Yes, […]
Posted inTHE MARKETS YESTERDAY
BY THE NUMBERS
EGP / USD CBE market average: Buy 18.6570 | Sell 18.8176 EGP / USD at CIB: Buy 18.651 | Sell 18.751 EGP / USD at NBE: Buy 18.5 | Sell 18.6 EGX30 (Wednesday): 13,089.05 (+0.57%) Turnover: EGP 1.259 bn (189% above the 90-day average) EGX 30 year-to-date: +6.02% THE MARKET ON WEDNESDAY: The EGX ended […]
Posted inCALENDAR
13 January (Friday): Egypt to attend Africa-France Summit 2017 in Mali. 15 January (Sunday): 19th session of the Egypt-Jordan Business Council, Cairo, Egypt. 15-17 January (Sunday-Tuesday): International Conference on Improving Sustainability Concept in Developing Countries, Cairo. 15-20 January (Sunday-Friday): bidding window for Petroleum Ministry’s gold exploration tender in eastern desert and Sinai, Egypt. 17-20 January […]
Posted inIT’S CEO WEEK AT ENTERPRISE
Day three of the Enterprise 2017 CEO Poll
** The Enterprise CEO Week continues today. We’re running interviews with 13 top corporate leaders all week long — alphabetically by last name — in the place of our industry news roundups, which will return next week. The format: Each CEO answered roughly the same set of questions, tailored only for their industry. The interviews […]