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The government expects its tax revenues to jump by around EGP 100 bn once the new policy is put in place
Author Archives: enterpriseam admin
Posted inEGYPT IN THE NEWS
Demand for big-ticket items is on the decline following the float
March’s float continues to receive attention from foreign press. Bloomberg is out with a piece looking at the impact the float of the EGP had on the demand for big-ticket items — sofas, refrigerators, and cars. Why has this impacted demand? Consumers are holding off making any big purchases as they adopt a wait-and-see approach […]
Posted inAlso on our Radar
Progress on the new capital’s finance hub. PLUS: News from BRICS, Madbouly cabinet
The center is an area of the new capital that will house financial institutions
Posted inPLANET FINANCE
Ins. industry braces for a torrent of claims after CrowdStrike goof
Some say it was too early to determine an estimate for the economic damage
Posted inDiplomacy
Egyptian and Sudanese foreign ministers discuss war in Sudan
The two sides also discussed Egyptian investments in Sudan
Posted inCALENDAR
2024 JULY 25 July (Thursday): National holiday in observance of the 23 July revolution. 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). […]
Posted inWHAT WE’RE TRACKING TONIGHT
Eni to ramp up EastMed gas exports through Egypt’s facilities
Good afternoon, folks. The news lull continues today as everyone (including us) is already in the long-weekend mode. THE BIG STORY TODAY Eni agrees to export EastMed gas through Egyptian facilities: Eni officials discussed with Oil Minister Karim Badawi leveraging Egypt’s poision as a regional energy hub to export gas produced from Eni’s fields in […]
Posted inFOR YOUR COMMUTE
Your new iPhone might be foldable
The tech titan might be releasing the first ever foldable iPhone as early as 2026