Good morning, all, and happy hump day. It’s another relatively quiet day in local business news as we hit the midpoint of the workweek. Today’s issue may not be the busiest we’ve ever had, but we have picked up some must-know IMF updates, M&A news, the latest on upcoming school fee hikes, and much more […]
Author Archives: enterpriseam admin
Beauty unveiled amidst ancient wonders: Celebrate the beauty, nature, and cultural legacy of 30 nations as Miss Elite 2024 returns to the enchanting shores of Somabay from 2-14 September. For the fourth consecutive year, Somabay is hosting this prestigious international beauty pageant, celebrating women’s beauty and intelligence on a global scale. Experience the fusion of […]
IMF to begin fourth loan review by October at the latest
The IMF Executive Board should greenlight the review in a December meeting
Education Ministry maintains last year’s caps on tuition hikes at private, int’l schools
Caps were imposed for the first time in the 2019-2020 academic year after parents lobbied to end what they called unjust increases
MENA Glass nearly doubles stake Middle East Glass to c 93.7%
Stakeholders agreed to offload 25.1 mn shares in an EGP 2.8 bn transaction
The war on commodity prices was once again the main topic of discussion
Commodities once again dominated the airwaves, with the nation’s talking heads honing in a meeting that saw government officials discuss ways to stabilize commodity prices and ensure that different goods are available on the market yesterday. Gov’t wants to set up year-round marketplaces for affordable goods: During the meeting, Prime Minister Moustafa Madbouly instructed the […]
Gov’t cracks down on electricity theft with higher tariff for those caught. PLUS: Egypt-Italy power link, veterinary vaccine factory
Electricity being consumed by buildings illegally will come at the hefty cost of EGP 2.15 per kWH