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The House of Representatives is pushing for stricter punishments for [redacted] harassment offenses, Ahram Online reported. The House’s legislative committee approved draft amendments to the anti-[redacted] harassment law on Monday that include a clear definition of harassment that did not exist previously, extended prison terms from six months to one year and fines ranging between […]
Author Archives: enterpriseam admin
Posted inEgypt Politics + Economics
State considers adding more public enterprises to IPO program
The government might be including more public sector companies in its IPO program, Al Borsa reports, including subsidiaries of the Public Enterprises Ministry. The government intends to list a number of petchem companies on the EGX in the first phase of the program, including AMOC and Sidpec, as well as banks including Banque du Caire. […]
Posted inSports
Egyptians still dominate the top of world squash rankings
Egyptian squash players opened up 2017 at the top of the world rankings for men and women. Nour El Sherbini is still the women’s number one player for the ninth straight month, followed by Nouran Gohar, and Raneem El Welily in second and third places, respectively. Omneya Abdel Kawy is also in the top ten, […]
Posted inON YOUR WAY OUT
Fighting the tourism mob
Please don’t drive away the last remaining tourists in Egypt: A tourist in Luxor is fed up of the mob at tourist attractions. His strategy to stop them is to wear a red t-shirt that says in Arabic “I don’t want a hantour [horse-drawn carriage] ride, I don’t want a felucca, I don’t want a […]
Posted inTHE MARKETS YESTERDAY
BY THE NUMBERS
EGP / USD CBE market average: Buy 18.1026 | Sell 18.4394 EGP / USD at CIB: Buy 17.95 | Sell 18.26 EGP / USD at NBE: Buy 18 | Sell 18.25 EGX30 (Monday): 12,290.61 (-0.44%) Turnover: EGP 999.41 mn (130% above the 90-day average) EGX 30 year-to-date: -0.44% THE MARKET ON MONDAY: The benchmark index […]
Posted inCALENDAR
07 January (Saturday): Coptic Christmas, national holiday. 13 January (Friday): Egypt to attend Africa-France Summit 2017 in Mali. 25 January (Wednesday): Revolution (police) day, national holiday. 30 January – 2 February 2017 (Monday-Thursday): Arab Health Exhibition, Dubai International Convention & Exhibition Center, UAE. 14-16 February 2017 (Tuesday-Thursday): Egypt Petroleum Show 2017 (EGYPS), CIEC, Cairo. 31 […]
Posted inWhat We're Tracking Today
PSA #1: How to get your fuel smart card
Public service announcement #1: If you, like us, haven’t obtained a fuel smart card, now may be the time to look into it. As exactly none of us here have yet done so, a handful of us will be trying to register vehicles in the coming days — Egyptian and foreigner, in Arabic and in […]
Posted inWhat We're Tracking Today
PSA #2: Get rid of round GBP 1 coins
Public service announcement #2: Get rid of round GBP 1 coins before 15 October. New 12-sided pound coins go into circulation on 28 March 2017, and any existing coins will become worthless on 15 October. Given GBP 1 equals roughly EGP 6.02x10^23, you may want to think seriously about spending those pounds or exchanging them […]
Posted inWhat We're Tracking Today
US Customs and Border Protection system is down, which means you’re not gonna get into Amreeka in the next few hours
Public service announcement #3: God help you if you’re en route to America as you read this. From The Verge: “Massive lines at US airports after nationwide customs outage: A problem in the computer systems used by United States Customs and Border Protection (CBP) authorities has left thousands stuck in airports and unable to enter […]
Posted inWhat We're Tracking Today
Still thinking about the shape of the year? We certainly are — we just need to get far enough down our task list to give it the time it deserves. On that topic: We’ll have our first-ever CEO poll for you next week, and in the meantime recommend two Financial Times pieces on what to […]