MAY 11 May-1 June (Saturday-Saturday) Summer Showcase art gallery at Bibliothek 16-18 May (Thursday-Saturday): Turning Tables at Rawabet Art Space. 16-18 May (Thursday-Saturday): Rise Up Summit at the Grand Egyptian Museum. 17 May (Friday): El Mahatta at The American University in Cairo. 17 May (Friday): Aly Elhaggar concert at Must Theatre. 17 May (Friday): Musical […]
Author Archives: enterpriseam admin
The Egyptian Uber?
Good morning, everyone. It’s another busy morning here in Egypt with a number of stories fighting for our attention — the EBRD has slashed our growth outlook once again, another Gulf acquisition, and a whole lotta earnings. But before we get started. Keep your sunscreen on hand and make sure you stay hydrated as we […]
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EBRD once again slashes our growth forecast for 2024
The EBRD cut our growth forecast for 2024 to 3.9%, down 0.6 percentage points from its September forecast
Mumtalakat’s Beyon Solutions to acquire controlling stake in Link Development
The agreement is still subject to regulatory approval in Egypt and Saudi Arabia
Cabinet to set up a unit dedicated to state-owned companies
The unit will work to implement the state ownership policy with clear timelines and targets
Unemployment rate falls to 6.7% in 1Q 2024
Folks aged 15-29 accounted for 64.5% of all jobless people in 1Q 2024
Concrete, EKH, ODE, Alexbank report earnings
Concrete Fashion Group saw its net income increase 3.2% y-o-y during its fiscal year 2023
P&G Egypt taps Kareem Yassin as new VP, GM
A new VP and GM at the helm at P&G Egypt: The Egyptian arm of American multinational consumer goods company Procter and Gamble — more often known as P&G — has appointed Kareem Yassin (LinkedIn) as its new vice president and general manager, the company said in a press release (pdf). Yassin is a P&G […]