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Author Archives: enterpriseam admin
This fiscal year’s budget could get a top up
The additional funds will come from proceeds from the USD 35 bn Ras El Hekma agreement
Raya CX more than doubles its net income y-o-y in 1Q. PLUS: Vodafone Egypt, Mopco report earnings
The company’s top line also climbed 40.9% y-o-y to EGP 625.4 mn
Talk shows cover the crash of a Helicopter carrying Iranian president
All eyes on Iran: The nation’s talking heads were abuzz with the news of the crash of a helicopter carrying Iranian President Ibrahim Raisi last night. Talk shows touched on uncertainty surrounding the fate of Raisi, the cause of the accident, and the ongoing rescue efforts, El Hekaya (watch, runtime: 20:14), Kelma Akhira (watch, runtime: […]
Scientists think they may have answered an age-old question about the pyramids
Egypt’s pyramids are still catching the attention of the international press thousands of years after their construction, with a recently published study in Nature arguing that 31 of the country’s ancient monuments were built with the aid of a now disappeared branch of the Nile to transport heavy stone blocks for their construction. The study […]
GB Logistics launches bonded warehouse services. PLUS: News from GB Auto, Beltone, Infinity, EgyptAir
Bonded warehouses are government-authorized facilities that store goods for a limited time without being subject to fees
Latest inflation data sends USD rally into reverse
Traders now expect the Fed to deliver two quarter-point rate cuts in 2024
2024 MAY 19-21 May (Sunday-Tuesday): Egypt International Summit for Digital Transformation and Cybersecurity. 20 May (Monday): Malaysian Palm Oil Forum in Cairo, with attendance from Malaysian Plantation and Commodities Minister Johari Abdul Ghani. 22 May (Wednesday): Egypt will host the annual meetings of Arab financial authorities, at the New Administrative Capital. 23 May (Thursday): Central […]