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Despite the drop, this marks Egypt's fourth straight month in the green
Author Archives: enterpriseam admin
Posted inPAYMENTS
Google will start paying creators in local currency
Google currently pays creators on its platforms in USD
Posted inCabinet watch
Gov’t efforts to make state-owned land investable + USD 60 mn linen freezone
The entirety of the zone’s production will be exported
Posted inManufacturing
Poland’s Padma Art wants to set up a EUR 70 mn furniture complex in New Alamein
The complex will earmark most of its output to Arab, US, and European markets
Posted inManufacturing
Cement production cut extended again
The cut was initially introduced for a one-year period in 2021
Posted inM&A WATCH
Palm Hills to snap up Mansour’s 29.6% stake in Taaleem
PHD will buy Mansour’s 216.1 mn shares at EGP 8.65 a share in an EGP 1.9 bn transaction
Posted inCommodities
GASC purchases 3.1 mn tons of wheat to be supplied monthly through April
The purchase is one of GASC’s largest
Posted inLEGISLATION WATCH
Parliamentary committee results are in
The pro-government Mostaqbal Watan Party dominated the proceedings, securing 17 out of the 25 committees