• Tuesday, 19 February 2019

    What we’re tracking this week and beyond

    The Egyptian data satellite Egypt Sat A will be launched on Thursday, local press reported. The satellite manufactured in Russia in cooperation with Egypt will be launched from Russian spaceport Baikonur in Kazakhstan. The EGP 500 mn first section of...
  • Monday, 18 February 2019

    What we’re tracking this week and beyond

    Antitrust ruling: The Cairo Economic Court is due to deliver a decision on an appeal by pharma distributors of an antitrust fine on Tuesday.The Egyptian data satellite Egypt Sat A will be launched on 21 February, local press reported. The...
  • Sunday, 17 February 2019

    ITIDA, Valeo Egypt sign automotive artificial intelligence R&D agreement

    The Information Technology Industry Development Agency (ITIDA) has signed a three-year EGP 21 mn research and development (R&D) agreement with Valeo Egypt to research digitization and artificial intelligence (AI) in vehicles, Zawya reports. Valeo Egypt is looking to recruit 1k...
  • Sunday, 17 February 2019

    FinMin completes draft law on Egypt’s new tax procedures, electronic filing system

    LEGISLATION WATCH- FinMin completes draft law on new tax procedures, electronic tax filing: The Finance Ministry has finished drafting proposed legislation on new unified tax procedures and an electronic tax filing system, according to a ministry statement. The ministry placed...
  • Monday, 11 February 2019

    Could car-sharing technology prove one disruption too many for the auto industry?

    Could car-sharing technology prove one disruption too many for the auto industry? Car-sharing in Moscow, the world’s second most congested city, has skyrocketed in the last year, with the number of car-sharing vehicles in the city tripling to 16,500 by...
  • Tuesday, 5 February 2019

    Orange Egypt, e-finance to provide digital services for gov’t

    Orange Egypt and E-Finance to provide digital services for gov’t: Orange Egypt and E-Finance have signed a cooperation protocol to provide digital services, including pension and subsidy payments, for the government, Orange Egypt CEO Yasser Shaker told the domestic press....
  • Wednesday, 30 January 2019

    China’s stake in cutting-edge microchip technologies prompts questions without easy answers

    Chinese state-controlled funds are being funneled into companies producing key microchip technologies, prompting questions on whether this state involvement is a matter of chance or a deliberate governmental knowledge-acquisition strategy, Emily Feng writes for the Financial Times. Beijing’s purchase of...
  • Tuesday, 29 January 2019

    Internet toxicity got you down? Halal browser SalamWeb is here to help.

    Internet toxicity got you down? Halal browser SalamWeb is here to help. A Malaysian startup promising to deliver a “Muslim-friendly” web experience wants “to make the internet a better place,” Bloomberg says. SalamWeb hopes to capture 10% of the global...
  • Tuesday, 29 January 2019

    What we’re tracking on 29 January 2019

    The EGP gained ground against the USD yesterday for the first time in … forever? The EGP was changing hands at about 17.66 to the greenback yesterday, up from around 18.00 last Wednesday. The surprise gain has sparked speculation market-wide;...

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.