Back to the complete issue
Sunday, 30 May 2021

Last Night’s Talk Shows: United Media Services Company presser, GERD dominate proceedings on the nation’s airwaves

Leading coverage on the airwaves last night: The nation’s talking heads were all talking about a press conference given by the United Media Services Company, during which it announced ambitions to IPO on the EGX by 2024 and spoke about plans to develop its content. We more in this morning’s IPO Watch, above.

The latest on the second filling of the Grand Ethiopian Renaissance Dam: Ethiopia is expected to proceed with the second phase of filling the GERD during the upcoming rainy season in July or August after it began earlier this month raising the dam’s reservoir spillway by 30 meters — a three-week process that could conclude by end of June before the rains begin, professor at Cairo University’s Faculty of Agriculture Nader Nour El Din told Ala Mas’ouleety’s Ahmed Moussa last night (watch, runtime: 11:01). These construction works are indeed the reason behind recent signs of “changes in the level of the Blue Nile River that indicate water is being pooled,” which led Sudan last week to suggest that Ethiopia had already begun filling the reservoir. Changes in the Nile River flows were also covered by El Hekaya’s Amr Adib, who explained the government’s plans to hold water reserves to ensure there are no periods of low water supply (watch, runtime: 3:37 | 1:25).

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; 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; 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.