Back to the complete issue
Monday, 6 March 2023

Last Night’s Talk Shows: Not another Ever Given + what season is it?

Offsetting a major lull on the news front, our talking heads had a lot to say last night, covering the latest container ship to block the Suez Canal, unstable weather conditions, and concerns about Brazilian beef.

We’re getting more deja vu after container ship MSC Istanbul ran aground in the Suez Canal during its trip from Malaysia to Portugal yesterday. Thankfully it didn’t stay stuck for long, with tug boats able to refloat the vessel in less than four hours, Suez Canal Authority spokesperson Goerge Safwat told Kelma Akhira (watch, runtime: 5:52). Ala Mas’ouleety (watch, runtime: 5:12) and Masa’a DMC (watch, runtime: 0:45) also covered the news.

Keep calm and eat Brazilian beef: The discovery of the mad cow disease in one Brazilian cow has prompted several countries to ban imports of beef from the country. Egypt is not expected to join them, according to the head of the Agriculture Ministry’s Veterinary Services Department Ehab Saber, who told Lamees El Hadidi that it was just a single atypical case and shouldn’t be cause for worry (watch, runtime: 9:31). The case comes a week after the government’s decision to increase imports of Brazilian chicken triggered rumors that spoiled and expired chicken was being sold in the local market.

So, is it summer yet? Not quite. Kelma Akhira (watch, runtime: 3:59) and Masa’a DMC (watch, runtime: 4:55) both covered the volatile weather conditions, which will see temperatures fall as of today following a brief hot spell.

Also on the airwaves last night:

  • The fresh package of social protection measures continued to get attention last night, with Masa’a DMC looking at the changes to the Takaful and Karama program. (Masa’a DMC | watch, runtime: 8:18).
  • ADP CEO in Egypt: President El Sisi and PM Madbouly’s meeting with the CEO of Abu Dhabi Ports yesterday got some airtime. (Al Hayah Al Youm | watch, runtime: 3:47).
  • Egypt x Iraq: Iraqi Prime Minister Mohammed Shia Al Sudani’s visit to Cairo reflects the strong ties between the two sides, Iraqi political analyst Basil El Kazemi told Al Hayah Al Youm (Al Hayah Al Youm | watch, runtime: 7:00 | 4:18).
  • Foreign reserves: Rising foreign reserves — which inched up to USD 34.4 bn in February — will help bring an end to black market USD trading, Cairo University Economics Professor Hisham Ibrahim told Al Hayah Al Youm (Al Hayah Al Youm | watch, runtime: 5:49).

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.