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OCTOBER 28 September - 24 October (Saturday-Thursday): Bastet’s Daughters Exhibition at Craftastic. 7-21 October (Monday-Monday) First Wave exhibition at Downtown Cairo. 18 October - 18 November (Friday-Monday): Cairo Prints Exhibition in Garden City 21-26 October (Saturday-Thursday): Premier Padel P2 Tournament at New Giza. 24 October - 16 November (Thursday-Saturday): Forever is Now art exhibition at […]
Author Archives: enterpriseam admin
Posted inWhat We're Tracking Today
Egypt’s airport privatization plans are already attracting suitors
Good morning, friends, and welcome to new work week. We are gearing up for a busy week as the IMF and World Bank’s annual meeting kick off tomorrow and the market digests the latest fuel price hike — our third this year. WATCH THIS SPACE- #1- Our airport privatization plans are already attracting suitors: Six […]
Posted inEconomy
Central bank holds interest rates in line with expectations
All 11 analysts and economists polled by EnterpriseAM forecasted the decision to keep rates on hold
Posted inEnergy
Egypt hikes fuel prices for the third time in 2024
Petrol prices have risen by 33-38% and diesel prices have jumped by 63.6% since the beginning of 2024
Posted inEconomy
S&P maintains Egypt’s positive credit outlook and rating
Egypt’s long- and short-term sovereign credit rating still stands at B-/B
Posted inM&A WATCH
Unnamed bidder wants 49% of Raya Foods for USD 40 mn
Raya Foods typically contributes c. 5% of the group’s total revenues
Posted inInvestment Watch
Almarai expands Egypt footprint with two new EGP 1 bn production lines for subsidiary Beyti
The subsidiary is planning to up its exports proceeds to USD 50 mn in 2024, up from USD 35 mn previously