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While the meeting saw investors of various nationalities, Gulf investors dominated the meeting
Author Archives: enterpriseam admin
Posted inEconomy
Egypt’s net foreign asset deficit continues to narrow in April for third consecutive month
The net foreign asset deficit has narrowed 87% since reaching an all-time high of USD 29.0 bn in January
Posted inEARNINGS WATCH
IDH, TMG, Eastern Company report 1Q earnings
TMG saw a sixfold increase in its net income
Posted inLAST NIGHT’S TALK SHOWS
El Moselhy continued to make the rounds to weigh in on bread price hikes
Another carb-heavy night on the airwaves: The nation’s talking heads didn’t shift their attention from bread prices, following the Madbouly government’s decision to slash bread subsidies, hiking the price of subsidized bread by 300%. Don’t point the finger at the IMF: The IMF had nothing to do with the government’s decision to cut down bread […]
Posted inAlso on our Radar
Algebra Ventures backs Moroccan agritech startup. PLUS: News from Taqa and ACDIMA
Algebra Ventures participated in a pre-Series A funding round for YoLa Fresh
Posted inPLANET FINANCE
Aramco’s secondary share sale kicks off today
Institutional investors will be able to place their orders starting today until Thursday 6 June
Posted inCALENDAR
2024 JUNE 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 7 July (Sunday): National holiday in observance of Islamic New Year (TBC). 18 July (Thursday): Central Bank of Egypt’s Monetary Policy Committee meeting. 23 July (Tuesday): Revolution Day […]