Back to the complete issue
Thursday, 30 September 2021

Egyptian women’s empowerment project attracts USD 8 mn in US funding

Egyptian women’s empowerment project attracts USD 8 mn in US funding: USAID has invested USD 8 mn over the past eight years in the Safe Cities project, which aims to prevent violence against women and girls, US Chargé D’Affaires Nicole Shampaine announced during an event to celebrate the completion of the project. The agency “laid the foundation for policy reforms, service provision, and national advocacy efforts to criminalize harassment for the first time in Egypt’s history,” she said.

Twenty-one Egyptian banks rank in African Business’ Africa’s Top 100 Banks in 2021, which ranks financial institutions by Tier 1 capital. The National Bank of Egypt comes second in the list, Banque Misr in eighth, and CIB climbing to the 11th slot. New entrants are Egypt’s Emirates National Bank of Dubai at 61 and Egyptian Gulf Bank at 78.

Mohamed Abo-Elgheit received the Excellence in Journalism award presented by the Heikal Foundation for Arab Journalism. Abo-Elgheit was recognized for his investigative reporting on Syria. Abo-Elgheit thanked the foundation’s board members and expressed his appreciation for receiving the award in a tweet. The awards are held annually on 23 September, the anniversary of the late Mohamed Hassanein Heikal’s birth.

Eastern Company donated EGP 4 mn to the Tahya Misr Fund to provide covid-19 vaccines, the company announced in a statement (pdf).

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. © 2021 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of Commercial International Bank (tax ID: 204-891-949), the largest private-sector bank 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; and Act Financial (tax ID: 493-924-612), the leading activist investor in Egypt; and Abu Auf (tax ID: 584-628-846), the leading health foodmaker in Egypt and the region.