Back to the complete issue
Wednesday, 21 December 2022

The soaring cost of living and Sinai hiking trails are getting ink in the foreign press

It’s another mixed morning in the international press, with no single story grabbing the attention of foreign journos. Among the headlines:

  • The National takes a look at the soaring cost of living and how some Egyptians are finding it hard to make ends meet.
  • The New York Times takes a tour of South Sinai’s overlooked hiking trails managed by Bedouin.
  • 50 doctors, 14 hours, three operating theaters: A woman received a life-saving lung transplant from her two brothers in the country’s first operation of its kind to use live donors. (The National)
  • Antiquities alarm: MP Doha Assy tells the National that unchecked construction and waste dumping are damaging the country’s heritage sites.
  • China is the new capital’s biggest funder but this year the country has become more circumspect about lending to Egypt amid concerns about the country’s debt sustainability. (Al Monitor)

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.