Back to the complete issue
Tuesday, 28 March 2017

Egypt needs to support insolvent businesses, spend on infrastructure projects

On a pleasantly quiet news morning for Egypt in the international press, we note the following stories:

  • Islamist former detainee Mohamed Soltan is protesting (in his own way) a decision by Washington’s Metro to reject his advertising campaign on human rights in Egypt, The Washington Post reports. Soltan hired a truck to park in front of the Metro headquarters and display the rejected ads.
  • Egypt’s Mohamed El Shorbagy was unseated as the world’s top squash player by France’s Gregory Gaultier, who won the 2017 Allam British open, Eurosport reports.
  • Cross-dressing was a big draw for urbane Egyptians a century ago, On Barak writes in Haaretz. Barack says Umm Kulthum used to dress as a boy in her early performances.
  • This month, an Australian, major general Simon Stuart, took charge of the MFO forces stationed in Sinai, The Australian reported.
  • The Financial Times’ Siona Jenkins reviewed HA Hellyer’s book, A Revolution Undone, in which he says that from the 2011 protests “Egypt showed that it was not ready for those alternatives but that does not mean that Egyptians are forever doomed to be stuck with the choices they made.”
  • Leader of the Houthi movement in Yemen Abdel-Malik Al-Houthi praised Egypt for its “honorable” positions, and said that Saudi Arabia “abuses Cairo when it disobeys Riyadh,” Middle East Monitor reports, citing Anadolu Agency.

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 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; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.