Good morning, friends. We kick off the last week of Ramadan with an issue focused on the local implications of the regional war. To safeguard us against global volatility, the Finance Ministry has significantly increased budget contingency reserves. AND- We spoke with several experts to gauge how the war could impact investor confidence in our […]
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Art. Sound. Movement. This month, Somabay welcomes NoArt for a night where sound, art, and energy converge by the Red Sea. With a global lineup featuring ANOTR, Bella, Chloé Caillet, Chris Stussy, Job Jobse, Palms Trax, and Misty, the Bay transforms into an open-air stage where music moves freely from sunset into the night. A […]
Egypt to raise budget contingency reserves to 5% as geopolitical risks mount
Kouchouk is building a liquidity moat to protect energy and food subsidies against global volatility
Egypt’s market fundamentals to outlast wartime investor jitters
For many investors, the risk in Egypt isn’t about security — it’s about confidence in being able to repatriate returns in times of crisis
FinMin 2029 debt strategy aims to slash funding gap to 9-11% of GDP
The strategy also targets taming external debt to make up only 20% of total public debt
Converted acquires Egyptian fashion platform Mitcha
“For me, the decision was about finding the right partner to scale what we built with Mitcha,” Mitcha Founder Hilda Louca tells EnterpriseAM
GCC debt markets hit the brakes as geopolitical risk spikes
Heavy demand from Islamic banks is keeping sukuk spreads tighter than conventional bonds