The price hikes are expected to save the state over EGP 27 bn in annual expenditures
Author Archives: enterpriseam admin
Local edtech platform Farid secures USD 250k in pre-seed round
The funding will help the company expand its platform and expand into Saudi Arabia and the UAE
Qalaa Holdings sees revenues, income rise in 1Q 2024
Qalaa Holdings saw its net income after minority interest jump to EGP 7.2 bn
FRA’s Farid highlights how the regulator brought new instruments + depth to the market
Farid spoke at EFG Hermes’ annual conference in London
Blinken’s meetings with El Sisi, Abdelatty dominated the airwaves
Yesterday’s talk shows focused on US Secretary of State Antony Blinken’s visit to Egypt to meet with President Abdel Fattah El Sisi: During his discussion with Faten Abdel Maaboud on her program Salaat El Tahrir, regional security analyst Mahmoud Mohieldin highlighted the significance of Blinken’s visit amid escalating violence in the region, calling it “a […]
Turkey’s Beko has officially set up shop in Egypt with new USD 100 mn factory. PLUS: SEIC + Abu Qir Fertilizers, Beko, EgyptAlum, Zilla Capital, City Lab + Cairo Clinical Lab
Beko is among a number of companies that have received golden licenses to operate in Egypt
Fed kicks off easing cycle with a bang
The Fed’s updated projections include a further 50 bps rate cut by year end