Back to the complete issue
Wednesday, 13 June 2018

What we’re tracking this week

The World Cup kicks off tomorrow: The world’s most-watched sports event will finally kick off in a little over 24 hours, with the first match being played between Russia and Saudi Arabia. You can tap or click here for the full World Cup schedule.

State TV looks likely to air 22 matches, including any game in which the Pharaohs play and the finals. While FIFA has yet to grant it permission to broadcast the games, the National Media Authority (NMA) claims it will move along with plans to broadcast the matches without charge on state television. The Egyptian Competition Authority had issued a statement on Sunday ordering FIFA to grant the NMA rights to broadcast the games, claiming that the football body’s contract with Qatar’s beIN Sports for exclusive broadcasting rights in the region was awarded under an unfair tender process. The ECA says COMESA has launched a probe (pdf) into allegations that FIFA engaged in unfair practices.

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.