At a time of increasing trade turbulence, economic diversification has become a dominant theme across the region. Against this backdrop, the ASEAN-Middle East corridor is gaining in prominence as the two regions enjoy great economic and connectivity potential, solid growth prospects, and favorable demographics. Although the linkages between the ten-member ASEAN bloc and the Middle […]
Author Archives: enterpriseam admin
Qardy secures USD seven-figure pre-seed round
Qardy plans to boost its services in Egypt and accelerate its regional expansion with the fresh funds
Thanaweya Amma results will be out tomorrow
Last night’s talk shows took note of the fast-approaching Thanaweya Amma results: Education Minister Mohamed Abdellatif will hold a presser tomorrow to announce the results of the Thanaweya Amma exams. The news got airtime on Ala Mas’ouleety (watch, runtime: 0:28) and Salet El Tahrir (watch, runtime 6:09). ALSO ON THE AIRWAVES- Ala Mas’ouleety had coverage […]
AfDB could help fund our 1.1 GW wind farm. PLUS: News from Ibn Sina, Palm Hills, Honor
The wind farm is slated to start commercial operations in late 2027
Investors are piling into Turkish assets as the country’s reform program bears tentative fruit
TRY-denominated bonds have risen 6.3% since March’s rate hike — far outstripping the average 1.1% increase across similar emerging markets
2024 AUGUST 4-5 August (Monday-Tuesday): Egypt Expat Forum. 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 […]
Global stock selloff sees Japan’s Nikkei face worst day in 37 years
Good afternoon, folks. We’re only two days into the work week, but it's heating up to be a big week in the finance world with the world’s business press very much focussed on a global stock selloff spreading across the globe. THE BIG STORY TODAY Non-oil private sector activity was at its second highest level […]
The twilight of the AI investment era?
Wall Street has started wondering when AI is going to become profitable, if ever