Back to the complete issue
Monday, 26 September 2016

What we’re tracking on 26 September 2016

*** Enterprise is two years old this morning. We’re not going to mark the occasion with cake, but we may just celebrate by sleeping-in an extra few hours next week when we mark back-to-back long weekends for Islamic New Year and Armed Force Day. And we’re very happy to say that we’ll have an announcement after the break about the first of the new products we’ve been mumbling about the past few weeks. Thank you, all for being readers — the honor of writing you each day is what keeps us working overnight (or getting up at ungodly hours) to produce Enterprise each morning.

“Significant progress” has been reached on the resumption of Russian flights to Egypt, according to a statement [Russian] from the Russian transport ministry on Friday. Sources speaking to Al Masry Al Youm, Egypt and Russia have agreed to resume flights “gradually” starting from October. The return would reportedly begin with a Moscow-Cairo route through Cairo International Airport’s terminal 2, which is set to begin operations on Wednesday. Flights to Sharm El Sheikh and Hurghada would follow. Sources add that Russian Transport Minister Maxim Sokolov will be in Cairo today, where he will be received by President Abdel Fattah El Sisi to finalise the agreement.

Watch the first US Presidential Debate live tonight at around 2 am CLT (that’s 2am Tuesday morning, 9 pm Eastern Monday evening on the east coast of the United States) at debates.twitter.com — and you won’t need to log in to be able to watch. We’ll see if we can’t have the highlights for you in tomorrow’s edition, but given the debate will overlap the last four hours of our production schedule…

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.