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The tranche consists of USD 14 bn fresh inflows and USD 6 bn in the form of a previous UAE deposit at the central bank
Author Archives: enterpriseam admin
Posted inUncategorized
Two new hotels in the making with investments of USD 85 mn
The two Crowne Plaza hotels are set to open in 2028
Posted inHealthcare
Local players are setting up a USD 100 mn healthcare venture
The new venture will establish 1k clinics targeting low-to-middle income families in Egypt
Posted inEARNINGS WATCH
Fawry’s net income rose 150% y-o-y in 1Q 2024
The company’s top line grew 60.9% to EGP 1.1 bn during the quarter
Posted inLAST NIGHT’S TALK SHOWS
The nation’s talking heads zeroed in on the inauguration of Mostaqbal Misr’s industrial zone
El Sisi inaugurated the first phase of the industrial zone and the beginning of the harvest season at the Mostaqbal Misr project
Posted inAlso on our Radar
SEIC to conduct due diligence on CIRA ahead of acquisition plans. PLUS: News from TMG, Cleopatra, and Bokra
Baker Tilly will act as the transation’s financial advisor and prepare a fair value study for CIRA’s shares
Posted inPLANET FINANCE
Roaring Kitty is back…
Hedge funds shorting the video game seller lost USD 1 bn yesterday as Roaring Kitty returned to X for the first time since 2021