Back to the complete issue
Tuesday, 9 March 2021

Also on our radar on 9 March 2021

A few things we’re keeping an eye on this morning:

  • European Universities in Egypt — an organization that will manage branches of the University of London and University of Central Lancashire in Egypt — will establish its headquarters in the new administrative capital under a presidential decree.
  • The government will begin implementing a new three-year export subsidy program in FY2021-2022 that aims to increase exports by 10% in its first year and 15-20% in its second.
  • The Trade and Industry Ministry has extended its ban on white sugar imports introduced in June for another three months.
  • A three-year project to promote a circular economy model for single-use plastics will soon come to Egypt with the help of the UN Industrial Development Organization and USD 3 mn of funding from Japan.
  • Egypt Post is looking to grow local logistics and e-commerce services through a cooperation protocol with Mail America.

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.