Good afternoon, all. It’s shaping up to be another busy day for business news but before we get into it — We are less than 24 hours away from this year’s EnterpriseAM Finance Forum, which is taking place tomorrow at the St. Regis on the banks of the Nile.

TWO IMPORTANT PROGRAMMING NOTES-

FIRST- We are full to capacity and cannot accept new requests for invitations. We’ve been honored and delighted by the extent of interest and regret that we simply have no more seats available.

SECOND- Please be ready to show your personal PIN code to be admitted to the venue. These PIN codes are non-transferrable and admit only one guest. Approved guests received their codes yesterday. If you received an invitation and can’t find your PIN code, please check to make sure it didn’t go into your spam folder.

Taking the stage at the EnterpriseAM Finance Forum this year is Investment Minister Hassan El Khatib, who’s joining us to outline a vision for where we’re going as a community and as an economy.

The keynote interview will get underway at 9am sharp, and you won’t want to miss our exclusive networking breakfast from 8am. We’ll also have an extended coffee break and additional networking session immediately after our final panel.

You can tap or click here to view the agenda and full list of speakers.

THE BIG STORY TODAY-

For the second day running, City Lab is making headlines. Medical diagnostic services provider City Lab announced its rebrand and expansion plans earlier today in two EGX disclosures here (pdf) and here (pdf). The firm has rebranded to Premium Healthcare Group after its board approved the move.

Yesterday, the firm announced its plans to acquire 50% of five medical companies — local and regional — through a mix of capital increases and a direct share purchase.

THE BIG STORY ABROAD-

Israel’s continued attacks on Lebanon continue to lead the conversation in the foreign press: Israel carried out fresh strikes on southern Lebanon earlier today after telling civilians in the area to evacuate. The attack injured around two dozen people and killed at least one. Israel also carried out two strikes targeting central Gaza killing at least ten people and another airstrike on a house in Deir Al Balah that killed five. (Bloomberg | Financial Times | Reuters)

** CATCH UP QUICK on the top stories from today’s EnterpriseAM:

  • United Bank to make its EGX debut early next year: The Central Bank of Egypt will offer a stake of United Bank’s shares on the bourse, with the initial public offering set to take place before the end of 1Q 2025.
  • Beltone lands another leasing and factoring agreement: Beltone Holding subsidiary Beltone Leasing and Factoring has inked an EGP 400 mn leasing and factoring agreement with Madkour Group.

☀️TOMORROW’S WEATHER- The temperature is maintaining its much-welcomed cool, with tomorrow’s mercury rising to 33°C and a petering down to 23°C at night in the capital, according to our favorite weather app.

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