Back to the complete issue
Monday, 17 October 2022

Egypt in the News: The COP don’t stop

Egypt is “uniquely placed to act as a bridge between the global north and south” at COP27, climate negotiator and Ambassador Mohamed Nasr sys in a wide-ranging interview with Euronews.

Reuters takes a look at the Abu Dhabi sovereign fund’s USD 6.6 bn in investments so far this year. Sources tell the newswire ADQ is using its purchasing power to solidify regional ties with countries including Egypt, Turkey and Israel.

Also making headlines this morning:

  • Bloomberg revisits how USD shortages are impacting net importers in Asia and Africa, including Egypt.
  • A local man was taken to hospital with light burns after he set himself on fire in protest at the refusal of his son’s school to allow him to use textbooks until they were paid for. (The National)

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.