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The new investments are the latest in a series of agreements for big ticket Chinese projects in the industrial park
Author Archives: enterpriseam admin
Posted inEARNINGS WATCH
e-Finance, Contact Financial report 1Q earnings
e-Finance Digital Operations made up 89% of the company’s total revenues for the quarter
Posted inDEBT WATCH
Drive Finance closes EGP 1.4 bn securitization issuance
The issuance is the second of a EGP 5 bn program.
Posted inLAST NIGHT’S TALK SHOWS
The future of the Ras El Hekma funds in question
Last night’s talk shows zeroed in on the way forward following the Ras El Hekma agreement and buzzed with rebuttals against Israeli media reports claiming that Egypt is scrapping plans to join South Africa’s case against Israel at the ICJ. Egypt last week secured the full USD 35 bn from the Ras El Hekma agreement, […]
Posted inEGYPT IN THE NEWS
The Reuters take on our economic reforms
Our economy under the spotlight: Reuters takes a deep dive into what the future may hold for the Egyptian economy following the recent wave of economic reforms introduced by the central bank. This round of reforms is looking different — sources the newswire spoke to cite the government slowing spending on large infrastructure projects and […]
Posted inAlso on our Radar
Gov’t extends a helping hand to local startups
Madbouly called on startups to come up with a clear proposal for the incentives they want to see
Posted inPLANET FINANCE
Chinese investment in north Africa, eastern Europe, central Asia more than double that of US and Germany combined
“China is dwarfing FDI from Germany and the US,” the EBRD’s chief economist Beata Javorick told the Financial Times
Posted inDiplomacy
El Sisi decries lack of international political will to end Gaza war during Arab Summit in Bahrain
Arab leaders also called for an international peace conference to resolve the issue