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The issuance is part of GlobalCorp’s EGP 10 bn securitization program
Author Archives: enterpriseam admin
Posted inAutomotive
Abou Ghaly Motors secures EBRD funds to continue electrifying its London Cab fleet
The injection follows a EUR 10 mn loan in 2022 that funded the purchase of the auto group’s first 250 electric cabs
Posted inLAST NIGHT’S TALK SHOWS
Egypt’s first gold and silver medals of the Paris Games dominated the airwaves
Last night’s talk shows were abuzz with festive news from the Olympics, honing in on the victories of modern pentathlon athlete Ahmed El Gendy and weightlifter Sara Samir, who took home Egypt’s first gold and silver medals of the Paris 2024 Games. (Tap or click the headline above to read this story with all of […]
Posted inEGYPT IN THE NEWS
The degreening of Cairo is catching the attention of the int’l press
Where did our trees go? In the three years leading up to 2020, Cairo lost some 911k sqm of green space as the government carried out projects to expand main roads, slashing the governorate’s trees in the process, Reuters writes. Cairo also witnessed a number of parks cleared to make room for shops and cafes, […]
Posted inAlso on our Radar
Gov’t pays back USD 21 mn of its dues to Dana Gas. PLUS: News from Masdar, Nile Developments
The energy firm received 64% of its dues for the period
Posted inPLANET FINANCE
The great unwinding
Recent market shifts have eroded its gains by about 10% since May
Posted inCALENDAR
2024 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 (Wednesday-Thursday): The Asian Infrastructure Investment Bank’s (AIIB) 2024 annual meeting, […]
Posted inTHE WEEK IN REVIEW
Kouchouk lays out his economic plan in first presser as finance minister
Good morning, folks, and a happy Friday to you all. After a pretty hectic start to the week that saw massive stock market drops spark panic concern on trading floors across the globe, it seems like we all release a collective sigh of relief as the markets look to be on the mend — for […]