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KUDOS | EnterpriseAM
Veritas Debate League launches with inaugural high school tournament in Cairo
We have a rare Sunday Morning Kudos for you today as we take a moment to recognize the Veritas Debate League, which held its inaugural high-school tournament in Cairo this weekend at Hayah International Academy. More than 100 participants were on hand from eight schools. The American International School Main team of Angie Saifeldin and Gemma Saifeldin were the champions.What’s Verita...
Sunday, 2 February 2025
WHAT WE’RE TRACKING TODAY | EnterpriseAM
New tax incentives ahead of long-awaited tax policy document to be announced Wednesday
... ticket for the one-day event here. KUDOS- The 2024 Paralympic Games in Paris wrapped up yesterday in a closing ceremony that saw the French national anthem play as Paris’ Stade de France lit up with the red, blue, and white of the French flag. The day marks the end of a long summer of feats of sporting skill in Paris — and happily, Egypt is coming home with seven more medals. Pr...
Monday, 9 September 2024
WHAT WE’RE TRACKING TODAY | EnterpriseAM
Another USD 820 mn enters the country
... have tenors of 2 and 3 years. KUDOS- Boosting financial inclusion among Egyptian women: Contact Financial Holding has partnered up the Women’s Economic and Social Empowerment Program (WESEP) — an initiative funded by the USAID and carried out by US-based NGO Pathfinder International — to boost financial inclusion and empower low-income women across Egypt, according to a press rel...
Sunday, 4 August 2024
KUDOS | EnterpriseAM
MNT-Halan featured twice on Global Finance’s list of most innovative fintech companies
... 2021.MNT is a frequent guest in our Kudos section: The company was on the Financial Times’ list of Africa's fastest growing companies in 2023 and Forbes' 2023 list of top 30 fintech companies in the Middle East.
Wednesday, 24 April 2024
ALSO ON OUR RADAR | EnterpriseAM
Arab International Company for Hotels and Tourism eyes asset sales to pay off debts. PLUS: Egyptian-Chinese cars by 2025, Egypt commits to Eni payments, MSC eye logistics investments, Real Estate Tax Authority + E-Tax, Banque Misr SME platform
... and a series of other services. KUDOS-Mental health support for entrepreneurs: Flat6Labs’ StartMashreq — an initiative aimed atsupporting underprivileged and marginalized entrepreneurs — has teamed up with online mental health platform Arab Therapy, to launch an initiative prioritizing “the mental health of entrepreneurs in Jordan, Lebanon, and Iraq, helping them face the challeng...
Sunday, 18 February 2024
WHAT WE’RE TRACKING TODAY | EnterpriseAM
First China. Then Japan. Now India?
... companies more leeway to raise prices. KUDOS on this Wednesday morning to our friends at CIRA, who are now an MIT case study. MIT’s Legatum Center for Development and Entrepreneurship launched the education company as a case study this week during a visit by a group of global Legatum student fellows. CIRA chief Mohamed El Kalla (LinkedIn) presented the case, part of an MIT drive t...
Wednesday, 15 November 2023
KUDOS | EnterpriseAM
Plastic Bank cleans up Egypt, aiBank gets Arab banking award
We have Thursday Kudos this morning for:Canada-based social enterprise Plastic Bank has collected 13 mn kilograms of plastic in Egypt over the past three years, equal to 500 mn plastic bottles, it said in a statement (pdf) last week. The organization has 28 collection centers in 11 of Egypt’s governorates and 2.1k members. Egypt accounts for 13% of the total amount of plastic collecte...
Thursday, 2 November 2023
WHAT ARE YOU UP TO THIS WEEKEND? | week end
Voy, Voy, Voy is angling for the Oscars + Noi Metropoli is not what we expected
... is now receiving an outpour of kudos and support since its release in theaters last week. Hassan (Mohamed Farrag) is an impoverished security guard in 2013, hoping to live abroad post-2013. After learning that a team of visually-impaired football players is close to competing for the world championship in Europe, Hassan, being morally bankrupt, decides to pose as a blind man to c...
Friday, 22 September 2023
ALSO ON OUR RADAR | EnterpriseAM
Thndr to debut in Saudi Arabia next year, says CEO. PLUS: News from aiBank, an export subsidy boost, and another wheat tender
... providing the finance.KUDOS-Madinet Masr + Misr El Kheir bring medical care to Assiut residents: Madinet Masr for Housing and Development (MNHD) teamed up with Misr El Kheir to fund zero-cost medical services to low-income residents in Assiut Governorate, the company said in a press release (pdf). A medical convoy on 30-31 July aims to examine mo...
Thursday, 3 August 2023
WHAT WE’RE TRACKING TODAY | EnterpriseAM
Beltone’s 5 bn new shares will land on the EGX today
... regulatory procedures grind on. Kudos to Beltone and the FRA for making this happen so quickly. El Sisi in Russia: President Abdel Fattah El Sisi is in St. Petersburg today and tomorrow to take part in the Russia-Africa Summit. The president arrived in Russia yesterday and held talks with Vladimir Putin. We have the details in this morning’s diplomacy section, b...
Thursday, 27 July 2023
KUDOS | EnterpriseAM
Karim Youssef joins Harvard advisory board + Cayesh lands USD 50k from Visa
We have Thursday Kudos this morning for:#1- Youssef & Partners founder and chairman Karim Youssef( LinkedIn), who joined the advisory board of Harvard Law School’s Center of the Legal Profession effective 1 August, the university said yesterday. Sitting on the board are some of the world’s leading legal experts, inclu...
Thursday, 27 July 2023
ENTERPRISE RECOMMENDS | EnterprisePM
Mo Salah is now Liverpool’s all-time top scorer
... El Gaish hit the field at 5pm. KUDOS- Liverpool star Mohamed Salah became the club’s all-time top scorer in the English Premier League yesterday, after scoring two goals in yesterday’s thrashing of Manchester United, which ended 7-0. The goal was his 129th for the club in the league, beating out Liverpool legend Robbie Fowler’s all-time record of 128 goals.
Monday, 6 March 2023
WHAT WE’RE TRACKING TODAY | EnterpriseAM
THIS MORNING: We should be getting January’s inflation figures today + Google just botched the launch of its rival to ChatGPT
... There are plenty of new names: Kudos to any of our readers who correctly predicted that Sinai Manganese Company and Salhi Investment and Development Company would feature on the list. And some notable absences: Alexbank, eMethanex and Enppi — recently flagged by the EGX for inclusion — were all MIA.Some of our questions were answered, but others were not: We’re still waiting for c...
Thursday, 9 February 2023
KUDOS | EnterpriseAM
Kudos: The Enterprise Edition
A special edition of kudos for The Enterprise Company: As 2022 draws to close, we want to extend a heartfelt thank you to some of the people at the company who have gone above and beyond, all of whom were recognized at our annual Christmas / End of Year party last week: Mohamed Gehad, Senior Art Director (Founding Partners’ Award)Omran Rekaby, Office Support (Outstanding Service Award...
Thursday, 22 December 2022
WHAT WE’RE TRACKING TODAY | EnterpriseAM
THIS MORNING: FDI, FDI, FDI, and exports
... (9pm)Costa Rica v Germany (9pm) Kudos — and commiserations — to Tunisia, which upset France 1-0 victory, yet bid the tournament farewell after Australia secured its spot in the knockout stage, beating Denmark 1-0. Meanwhile, Mexico defeated Saudi Arabia 2-1, but missed a chance to qualify to the last 16 for the first time since 1978 on goal difference, after Poland lost 2-0 to gro...
Thursday, 1 December 2022
WHAT WE’RE TRACKING TODAY | EnterpriseAM
THIS MORNING: It’s finally here + You now need to pay for your blue tick on Twitter
... Bloomberg Asharq.
SUNDAY MORNING KUDOS- The US and Egypt inaugurated the restored British archaeologist and Egyptologist Howard Carter’s house during the centennial ceremony of the discovery of King Tut’s tomb, according to a US statement. The restoration was funded through our friends at USAID.
PSA #1- Got a complaint about an NBFI? There’s a website for that. The Financial Reg...
Sunday, 6 November 2022
WHAT WE’RE TRACKING TODAY | EnterpriseAM
THIS MORNING: It’s PMI day + Hegazi u-turns on plans for licensing private tutors
... this month’s issue.
THURSDAY KUDOS to TE investor relations boss Sarah Shabayek, who was named this year’s best investor relations professional in Egypt in the 2022 Middle East Investor Relations Association awards. The team at CIB got the nod for top corporate performer in Egypt. Also: A tip of the hat to our friends Sofia Elboury and Abhishek Kumat at FAB, who took home the go...
Thursday, 3 November 2022
WHAT WE’RE TRACKING TONIGHT | EnterprisePM
THIS EVENING: Qatar could invest USD 1 bn in SCZone green hydrogen facility + El Sisi is in Algiers for the Arab League summit
... today’s EnterpriseAM: IMF gives us kudos for deval: The IMF’s Middle East and Central Asia boss has praised the Central Bank of Egypt’s policy moves last week, saying that the shift to a flexible exchange rate will protect the economy against external shocks and calling the decision to raise interest rates a “step in the right direction.”Has the EGP bottomed out? The EGP moved fra...
Tuesday, 1 November 2022
WHAT WE’RE TRACKING TODAY | EnterpriseAM
THIS MORNING: IMF gives Egypt kudos for devaluation as EGP appears to bottom out against the greenback
... THIS MORNING- IMF gives Egypt kudos for deval + rate hike as it looks like the EGP is bottoming out: The IMF’s Middle East and Central Asia boss has praised the Central Bank of Egypt’s (CBE) policy moves last week, saying that the shift to a flexible exchange rate will protect the economy against external shocks and calling the decision to raise interest rates a “step in the righ...
Tuesday, 1 November 2022
ENTERPRISE RECOMMENDS | EnterprisePM
Demon Copperhead: Dickens, but make it Southern
... Oprah's Book Club pick and got kudos from the New York Times for taking “a stab at Dickens and rising above the level of catastrophe.”
Wednesday, 19 October 2022
WHAT WE’RE TRACKING TODAY | EnterpriseAM
THIS MORNING: It’s a big week for the global economy + Maait says Egypt could be preparing new investment incentives for manufacturing and agriculture
... the next few weeks, we’re told. KUDOS- Naguib Samih Sawiris is launching an elite, leadership- and service-oriented boarding school in El Gouna — with need-based scholarships to attract students from across the country, whether they’re coming from public, private or international schools. Two nonprofit foundations will help ensure Egypt’s best and brightest can afford to attend Ma...
Sunday, 9 October 2022
KUDOS | EnterpriseAM
HSBC snags sustainable investing awards + 3 regional startups crowned in Flat6Labs’ femtech accelerator
HSBC Qatar got kudos at The Asset’s Triple A Sustainable Investing awards. The bank’s Qatari branch was named best sub-custodian, best domestic custodian, and best fund administrator for retail funds for the second consecutive year, it said in a statement (pdf). HSBC received 35 awards in total across various markets. See the full list of awardees here.Flat6Labs and healthcare firm Or...
Thursday, 15 September 2022
WHAT WE’RE TRACKING TODAY | EnterpriseAM
THIS MORNING: John Kerry, EBRD chief in town for climate talks
... on Youtube today at 7pm CLT.
KUDOS- AUC instructor Noor Naga is a finalist for Canada’s most prestigious literary award. Naga made the Giller Prize long-list for If an Egyptian Cannot Speak English (Amazon). Set in the wake of the Arab Spring, the novel “traces the relationship between two people — a wealthy Egyptian American woman and an unemployed man from the village of Shobr...
Wednesday, 7 September 2022
WHAT WE’RE TRACKING TODAY | EnterpriseAM
THIS MORNING: Fresh measures to ease imports crisis could be on their way + The social safety net widens today
... of you who have written in with kudos, comments and suggestions for Enterprise Climate. We’ll get back to each and every one of you in the coming days. Writing to you folks each day is the highlight of our professional career.
WATCH THIS SPACE #1- It looks like the IMF has just concluded its second bailout in four days: The IMF will today announce a preliminary agreement for an ...
Thursday, 1 September 2022
WHAT WE’RE TRACKING TODAY | EnterpriseAM
THIS MORNING: Regional summit continues in New Alamein today + The stock sell-off is back
... episodes of House of Dragons.MORNING KUDOS #1- Kashat celebrates a milestone: Our friends at Kashat, the region’s first nano-financial services provider, gave out loan #100k on Thursday, taking the company into six figures two years after its launch, the company said on its LinkedIn page.MORNING KUDOS #2- Zamalek were named Egyptian Premier League champions for the se...
Tuesday, 23 August 2022