Back to the complete issue
Wednesday, 4 August 2021

Egypt’s handball team is going to the Olympic semifinals + higher bread prices on the horizon

Two main topics were vying for the talking heads’ attention last night: Egypt’s handball team’s historic victory taking them to the semifinals in the Olympics for the first time after their 31-26 victory over Germany — and President Abdel Fattah El Sisi’s possible plans for a “modest” hike in the price of a 5-piaster baladi loaf. We have the full story on the potential increase in subsidized bread prices in the news well above. Al Hayah Al Youm (watch, runtime: 11:31) and Hadrat El Mowaten (watch, runtime: 4:45 | 5:40) are among those who took note.

Coverage of the Tokyo 2020 Olympic Games was everywhere, with former Egyptian Handball Federation head Hesham Nasr phoning into Channel One to laud the handball team’s triumph and discuss potential plans by the state to expand local sport infrastructure (watch, runtime: 5:41). The news got attention from Sada El Balad’s Ahmed Moussa (watch, runtime: 7:30). Egypt’s handball team is scheduled to meet France in the semifinals tomorrow (Thursday) at 10am CLT.

In preparation for the back to school season, teachers, school staff and all education-sector workers are next in line for covid shots under directives from El Sisi for their full immunization before the start of the 2021-2022 academic year in October, Masaa DMC’s Ramy Radwan said (watch, runtime: 1:19) last night. On the higher education front: Al Hayah Al Youm’s Lobna Assal discussed public universities’ acceptance requirements, (watch, runtime: 23:24), while Masaa DMC touches on the importance of vocational training in Egypt (watch, runtime: 22:30).

Also on the airwaves last night:

  • State-owned processed foodmaker Silo Foods, which will help produce school meals for some 13 mn children nationwide, puts Egypt on the right track for specific self-sufficiency in some food products (Al Hayah Al Youm | watch, runtime: 3:10).
  • President Abdel Fattah El Sisi has directed for the launch of a national health check-up initiative for would-be mothers to identify possible health risks for their future children (Masaa DMC | watch, runtime: 2:43).

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.