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Author Archives: enterpriseam admin
TMG Holding, Contact Financial, Fawry report earnings
TMG Holding’s net income saw a “remarkable” 308% y-o-y increase during 1H 2024
On the government plans to make Egypt a regional industrial hub
Transport and Industry Minister Kamel El Wazir took to the airwaves, joining Bel Waraqa Wal Qalam’s Nashat Al Dahi (watch, runtime: 14:41) to give us an overview of his plans for the ministry. (Tap or click the headline above to read this story with all of the links to our background as well as external […]
A fresh artifact discovery
A new archaeological discovery in Damietta has bought Egypt a piece of the international limelight, with the Associated Press reporting on a trove of ancient artifacts found in tombs that had been discovered last month in Damietta city. The artifacts include gold, jewelry, and statues from the Late and Ptolemaic periods — and may be […]
GASC is still after its big wheat purchase. PLUS: News from Eroglu Holding, Kima, Concrete Plus, Easy Lease
The fresh wheat buy could cost us around USD 248 a ton
A recap of the region’s IPO activity over the last quarter
Saudi Arabia led IPO activity in the region during 2Q 2024
2024 AUGUST August 2024: Shalateen to announce gold exploration tender winner. SEPTEMBER 3-5 September (Tuesday-Thursday): Egypt International Airshow, El Alamein International Airport. 5 September (Thursday): Central Bank of Egypt’s Monetary Policy Committee meeting. 15 September (Sunday): National holiday in observance of Prophet Muhammad’s birthday (TBC). 24 September (Tuesday): Enterprise Finance Forum, Cairo, Egypt 25-26 September […]
Germany’s Hapag-Lloyd will ditch Suez Canal until the end of 2024
Good afternoon, wonderful people. We have another brisk news day here at home as we are inching closer to the weekend. THE BIG STORY TODAY Hapag-Lloyd’s ships will avoid sailing through the Red Sea through 2024: German shipping giant Hapag-Lloyd will continue to steer its container ships away from the Red Sea shipping corridor through […]