Revenues jumped 82% y-o-y to EGP 21.8 bn during the period
Author Archives: enterpriseam admin
Foreign Ministry spokesperson weighs in on Egypt joining a case against Israel at the ICJ
It was a diplo-heavy night on the airwaves, led by Egypt announcing that it will join South Africa’s case against Israel at the International Court of Justice. To weigh in on the matter: The decision was prompted by “the escalating Israeli attacks on Gaza and against Palestinian civilians, the military operations in Rafah, and Israel’s […]
The Indian press is fixated on a Hosni Mubarak look-alike in Bollywood
What do a Bollywood star and a former Egyptian president have in common? Bollywood singer Abhijeet Bhattacharya has captivated the attention of Egyptians and Indians online for his likeness to former president Hosni Mubarak, writes the Timesof India. Bhattacharya shared a post on Instagram comparing pictures of himself with Mubarak, along with the comment: “Wow! […]
Banque Misr’s MDI has poured some EGP 2.5 bn into Onebank. PLUS: News from Elsewedy Electric, OPay, Edita
MDI received preliminary approval last week from the Central Bank of Egypt to launch Onebank
Saudi and Egyptian assemblers take note: There’s opportunity in a looming global EV shakeout
Plus: Bloomberg’s take on a USD 81 bn subsidy war for chipmaking supremacy
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. 23 May (Thursday): Central Bank of Egypt’s Monetary Policy Committee meeting. 25-27 May (Saturday - Monday): Techne Summit, Cairo International Stadium. 29 […]
Second tranche from Ras El Hekma arrives
Good afternoon, folks, and happy Monday. Our news cycle is starting to gain some traction as we finish the second day of this business week. THE BIG STORY TODAY- We just got the second tranche from the Ras El Hekma agreement: The Abu Dhabi wealth fund ADQ has delivered the second tranche of Ras El […]