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The bank expects the central bank to start cutting rates in 3Q 2024
Author Archives: enterpriseam admin
Posted inCommodities
Sugar price hikes next?
The state currently spends more than EGP 23 in subsidies on every kilo of subsidized sugar
Posted inCapital markets
EFG Hermes tops the EGX brokerage league table again in May
EFG Hermes has led the table for twelve consecutive months
Posted inEARNINGS WATCH
Juhayna’s bottomline grew 41% y-o-y in 1Q 2024
Higher export revenues and price hikes drove its revenues up by 68% y-o-y in the quarter
Posted inLAST NIGHT’S TALK SHOWS
Another night dominated by coverage of the bread price hike
The nation’s talking heads stayed fixated on subsidized bread price hikes, with Kelma Akhira’s Lamees El Hadidi virtually hosting Abdullah Ghorab, chief of the bakeries division of the General Federation of Chambers of Commerce (watch, runtime: 5:34) to hear his take. Bakers want a bigger payout for producing subsidized bread: In line with the recent […]
Posted inEGYPT IN THE NEWS
Sudanese refugees are introducing their cuisine in Cairo restaurants
A taste of Sudan in Egypt: An Agence France Presse piece sheds the light on Sudanese refugees working to rebuild their lives and share their culture through culinary ventures in Egypt. The piece focused on Sudanese entrepreneurs Julie Samir and Qussay Biram who fled Khartoum last year in the wake of the war and are […]