Back to the complete issue
Thursday, 14 September 2017

On the horizon

President Abdel Fattah El Sisi will be attending the 72nd Regular Session of the UN General Assembly in New York City, which kicked off last Tuesday and will continue through 25 September. A delegation from Ittihadiya is already there to prepare for El Sisi’s arrival, which has yet to be officially announced, according to unconfirmed local press reports. Separately, Egypt’s UN envoy criticized the UN High Commissioner for Human Rights (UNHCHR)’s remarks on “systemic violence” in Egypt, saying they reflected “flawed logic,” according to Reuters.

Our friends at AmCham are planning a roundtable with major US corporations for the president in New York, AmCham President Tarek Tawfik tells Daily News Egypt. His comments came at the sidelines of an Egypt-focused investment seminar hosted by AmCham, which was attended by Investment Minister Sahar Nasr. She spoke about recent reform efforts, improvements in economic indicators for FY2016-17, and renewed investor appetite in the market to representatives from companies including, Silk Invest, NBK Capital, RIMCO, and Oppenheimer.

Finance Minister Amr El Garhy is heading to Manama on 16 September to participate in Bahrain’s Geo-Economic Conference.

A UK trade delegation headed by trade envoy Sir Jeffrey Donaldson is expected to announce new infrastructure investments in Egypt during a trip to Cairo at the end of September

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.