Good morning, friends. The situation in Egypt remains calm as week one of the conflict in the Gulf limps to a close. We don’t know about you, but we’re really looking forward to the weekend — and we hope all of you (and all of your family and friends) are safe, wherever they are. The […]
Author Archives: enterpriseam admin
Art. Sound. Movement. This month, Somabay welcomes NoArt for a night where sound, art, and energy converge by the Red Sea. With a global lineup featuring ANOTR, Bella, Chloé Caillet, Chris Stussy, Job Jobse, Palms Trax, and Misty, the Bay transforms into an open-air stage where music moves freely from sunset into the night. A […]
USD / EGP exchange rate stable following latest IMF disbursement
Interbank volumes reached approximately USD 848 mn on Wednesday
Maait says IMF studies will shape upcoming program evaluations
The IMF’s response will depend on the scale and duration of the impact
Egypt positions itself as a logistics bridge for the GCC amid Hormuz Strait closure
Rising costs due to higher ins. premiums, very real security risks, and simply the inability to cross the Hormuz Strait are forcing a major rethink of regional logistics
Nassef Sawiris nominated as next Adidas supervisory board chairman
The appointment will go to a shareholder vote in May
El Araby eyes export growth through USD 480 mn factory push
Plus: Fawry, Ibnsina Pharma, E-finance release 2025 earnings