Back to the complete issue
Monday, 30 January 2017

What we’re tracking on 30 January 2017

The Pharaohs made it through to the Africa Cup of Nations semis yesterday. We have coverage in Speed Round and a tiny bit of snark about Amr Adib’s enthusiasm in Last Night’s Talk Shows, below.

The search for a new cabinet lineup is ongoing, Prime Minister Sherif Ismail said, without revealing any other details on the shuffle, according to Al Masry Al Youm. Cabinet spokesman Ambassador Ashraf Sultan had said on Saturday that the new ministers will be announced this week, adding that there remains a possibility that some ministries will be merged.

Key meeting with African leaders on politics, trade and Nile water: US President Donald Trump makes for more compelling headlines, but we’re keeping our eyes on a series of meetings President Abdel Fattah El Sisi is set to have on the sidelines of the African Union summit in Addis Ababa. Al Masry Al Youm reports that El Sisi is due to meet with Ethiopian Prime Minister Hailemariam Desalegn as well as the presidents of Kenya and Congo-Brazzaville. Relations between Egypt and Ethiopia have ‘recovered’ since Ethiopian officials falsely accused Egypt of supporting opposition forces, Egyptian ambassador to Ethiopia Abu Bakr Hefny is quoted as saying.

Beltone Financial starts off its four-day investment conference in Cairo today with the theme “Africa’s Era, Egypt’s Moment.” The conference will include meetings with company executives, members of government, and investors representing funds that collectively manage over USD 4 tn in assets under management.

The wave of cold weather isn’t quite over: Meteorologists are expecting chilly weather today with the possibility of light rain in some parts of the country, Egypt Independent tells us.

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.