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Egypt along with the UAE and Singapore each closed three agreements in the Kingdom
Author Archives: enterpriseam admin
Posted inEnergy
Adnoc Distribution to manufacture motor oil in Egypt before the end of 2024
The company is also looking into obtaining a license to establish charging stations for EVs
Posted inManufacturing
Al Gioshy Steel to set up new production line in 2025, delays listing plans
The steel manufacturer wants to double its production of rebar in 2024
Posted inLAST NIGHT’S TALK SHOWS
On power cuts and the cabinet
It was a fairly uneventful night on the airwaves, with only two topics worth noting: The resignation of the cabinet and the longer-than-usual blackouts. Don’t worry: The extended power cut was a one time thing for yesterday and yesterday only, despite what a deleted Facebook post from the Qalyubia governorate claimed, Yahduth Fi Masr’s Sherif […]
Posted inAlso on our Radar
Central bank switches around rules for hiring auditors and accountants. PLUS: News from Misr Ins. Holding and MM Group
Firms have 12 months to comply with the new rules.
Posted inPLANET FINANCE
Mashreq’s USD 500 mn bond sale meets heavy demand, allows lender to lock in the lowest coupon by a UAE bank in past three years
The issuance was 4.4x oversubscribed
Posted inCALENDAR
2024 JUNE 10 June (Monday): CBE and Capmas to publish inflation data for May. 15-19 June (Saturday-Wednesday): Eid El Adha (TBC) (national holiday). 29-30 June (Saturday-Sunday): EU-Egypt Investment Conference. 30 June (Sunday): June 30 Revolution Day (national holiday). JULY July 2-3 (Tuesday-Wednesday): Cairo hosts the Aswan Forum for Sustainable Peace and Development. 7 July (Sunday): […]