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The improvement was attributed to a 9.8% increase in exports and a 3.3% decrease in imports
Author Archives: enterpriseam admin
Posted inCabinet watch
Cabinet approves a raft of decisions during its weekly meeting
The cabinet approved a decision permitting the European Universities in Egypt to host a branch of the University of East London.
Posted inCapital markets
Emaar Misr, B Investments, Credit Agricole, and more join EGX30 after index review
The shariah-compliant index also saw new entries
Posted inStartup watch
Cartona raises USD 8.1 mn in series A extension round
Cartona will use the funds to grow its market share by expanding its operations
Posted inLAST NIGHT’S TALK SHOWS
On sports and the economy
A little spots, a little economics. Last night’s talk shows were focused on two main topics, the latest from the Paris Olympics and the latest from Prime Minister Moustafa Madbouly. On sports: Egypt qualifying for the men’s football quarterfinals at the Paris Olympics after beating Spain 2-1 received attention from Yahduth Fi Masr’s Sherif Amer, […]
Posted inEGYPT IN THE NEWS
The Guardian takes a closer look at the state’s grand desert green transformation plan
Shining the spotlight on Egypt’s ambitious desert greening initiative: TheGuardian is out with a piece dissecting the state-led “Future of Egypt” project — a megaproject aiming to transform swathes of desert into farmlands. The piece examines the scale, progress, and potential consequences of this project and raises questions about the project’s water use, economic viability, […]
Posted inAlso on our Radar
Egypt could soon welcome its first SPAC. PLUS: News from NREA, Raya, New Jersey Developments
Catalyst Partners has applied for a SPAC license
Posted inPLANET FINANCE
It’s a big day for capital markets with two interest rate decisions and a ton of earnings reports looming
It’s a big day for capital markets as investors await interest rate decisions from both the US Federal Reserve and the Bank of Japan. The expectation is that Japan could raise rates — and that the Fed will signal it will start cutting this fall, likely in September. The Bank of England will follow suit […]