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Low-consumption industries will reportedly avoid electricity tariff hikes
Author Archives: enterpriseam admin
Posted inConstruction
Saudi National Housing offers USD 200 bn worth of infrastructure and housing projects to Egyptian firms
Saudi Arabia’s National Housing Company met with 16 local construction leaders to discuss the projects
Posted inA MESSAGE FROM VISA
The next bn: Gen Z and the middle class driving CEMEA's growth
With the world’s population soaring past 8 bn, Gen Z is shaping the future economic outlook. Fueled by a growing middle class, the demographics of Central and Eastern Europe, Middle East and Africa (CEMEA) are set for new opportunities. Globally and regionally, economic outlooks signal a quicker slowdown in spending. In CEMEA, Sub-Saharan Africa (SSA) […]
Posted inTrade
CBE expected to soon lift import restrictions on non-essential goods following FX liquidity uptick
The CBE on Sunday asked local banks to categorize letters of credit for the 13 non-essential goods that require prior import approval
Posted inLAST NIGHT’S TALK SHOWS
El Sisi’s meeting with Blinken dominated the airwaves last night
Last night’s talk shows zeroed in on US Secretary of State Antony Blinken’s visit to the country yesterday, which saw him meeting with President Abdel Fattah El Sisi and Foreign Minister Badr Abdelatty at the Alamein presidential palace as part of a diplomatic tour in the Middle East aimed at pushing for a ceasefire in […]
Posted inEGYPT IN THE NEWS
Renovations in Historic Cairo revitalization project catch the attention of the int’l press
The city of a thousand restoration projects: As part of efforts to restore Islamic-era monuments in Cairo’s historic center and a new push to promote the city as a tourist destination with more to offer than just the pyramids, several recently renovated monuments were officially unveiled at the start of the week, Reuters reports. The […]
Posted inAlso on our Radar
Fertilizer manufacturer Biogrand to open SAR 25 mn KSA factory in early 2025. PLUS: East Qantara Dry Port, EU trade agreement, Al Modawat Specialized Medical
The factory will be established in partnership with unnamed Saudi investors
Posted inPLANET FINANCE
Investors rush back into equity markets as market confidence returns
The rebound follows a brutal sell-off that took place earlier in August