Back to the complete issue
Wednesday, 25 September 2019

El Sisi’s visit to New York continues to lead the conversation on Egypt’s airwaves

As we suspected, President Abdel Fattah El Sisi’s activities at the UN General Assembly remain at the forefront of the talking heads’ agendas. Al Hayah Al Youm’s Lobna Assal received the daily update from Khaled Abu Bakr, who’s in New York to cover the UN meetings (watch, runtime: 12:04). We have a full recap in this morning’s Speed Round, below.

Adib reveals assassination plot against El Sisi at Maamoura presidential residence: While the president is in New York, El Hekaya’s Amr Adib unveiled the details of an alleged plot by members of terrorist group Lewaa Al Thawra to assassinate El Sisi during one of his stays at the presidential residence in Alexandria’s Maamoura (watch, runtime: 37:04). Adib detailed previous administrations’ efforts to upgrade and increase security at the residence — which were reportedly halted following the 2011 uprising and resumed under El Sisi — and pointed to the attempted assassination as evidence that these renovations were important “no matter their cost.”

Five- and 10-year treasury T-bond issuance was more than 3x oversubscribed: The central bank received orders for EGP 9 bn-worth of five- and 10-year treasury bonds at a sale worth a combined EGP 2.5 bn, Al Hayah Al Youm’s Lobna Assal reported, citing a Finance Ministry statement (watch, runtime: 1:04). Of the EGP 9 bn, the ministry accepted EGP 5.8 bn-worth of offers.

Mohamed Salah changes Twitter bio, 100 mn go crazy on social media: Fifa announced yesterday the results of its Best Fifa Men’s Player Award, which showed that Mo Salah trailed behind Lionel Messi, teammate Virgil van Dijk, and Juventus’ Cristiano Ronaldo. The award is handed out based on votes, and the announcement of the results did not include the names of Egyptian national coaches and team captains, suggesting their votes were not cast in Salah’s favor. Salah promptly edited his Twitter bio to “Footballer for Liverpool FC,” removing “and the Egyptian national team.” Salah’s reaction triggered a debate on social media, according to Hona Al Asema’s Reham Ibrahim (watch, runtime: 6:16).

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.