Back to the complete issue
Tuesday, 10 September 2019

Meetings between top officials continue to occupy Egypt’s airwaves

No particular theme dominated the airwaves last night, but the talking heads all continued keeping tabs on President Abdel Fattah El Sisi’s meetings with top officials.

Gov’t administrative reform plan: President Abdel Fattah El Sisi, Prime Minister Moustafa Madbouly, and Planning Minister Hala El Said reviewed the state’s administrative reform plan, which Ittihadiya spokesperson Bassam Rady told Masaa DMC’s Eman El Hosary rests on how to develop and best utilize the “human element” (watch, runtime: 4:23).

Channeling more funds into SMEs: El Hosary also took note of a separate meeting Madbouly and El Sisi held with head of the SMEs Development Authority Nevine Gamea in which the president stressed the need for more funds to be channeled into SME development (watch, runtime: 1:36).

EGP continued to strengthen against the greenback: Over on Hona Al Asema, Lama Gebril made sure to inform viewers that the EGP rally vis-a-vis the USD has not yet come to an end, with the exchange rate falling EGP 0.01 yesterday (watch, runtime: 0:31).

Gov’t denies reports of new taxes: Al Hayah Al Youm’s Lobna Assal, meanwhile, took note of the Finance Ministry’s denial of recent reports that it is planning on increasing stamp taxes on electricity consumption, car licenses, bank transactions, and more (watch, runtime: 0:31). We have the story in this morning’s Speed Round.

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.