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The country has met 7 out of 15 structural reform targets set by the fund
Author Archives: enterpriseam admin
Posted inIPO
Act Financial gets EGX approval for IPO in 2Q 2024
The investment firm expects to start trading its shares within two months.
Posted inCabinet watch
Cabinet greenlights freezone, tourist port for Ras El Hekma
Ras El Hekma for Urban Development will set up the free zone and tourist port
Posted inManufacturing
Chinese steel factory opens in SCZone. PLUS: Elaraby and Taiwanese company to build AC factory, Public Enterprise Ministry mulls mineral extraction project
The factory has an annual production capacity of 25k tons of steel structures
Posted inA MESSAGE FROM VISA
Visa Security Summit 2024
More than 350 industry leaders from 50 markets across Central and Eastern Europe, the Middle East, and Africa (CEMEA) convened to unravel the future of digital security. With two days of keynotes, panels, and breakout sessions, the summit brought together global and regional Visa execs with experts in the field of payments and risk to discuss […]
Posted inEARNINGS WATCH
Mashreq’s net income after tax rose by 25% in 1Q2024
Driving the growth were low risk-costs, strong client margins, and a global high-interest rate environment.
Posted inLAST NIGHT’S TALK SHOWS
Talk shows explore a fresh IMF report on Egypt’s loan program. PLUS: US pro-Palestine student protests get airtime
The biggest risk to Egypt’s loan program will be maintaining a free exchange rate, says economist Mohamed Fouad
Posted inEGYPT IN THE NEWS
Growing Gulf investor interest in Egypt is catching the attention of the international press
Both the UAE and Saudi Arabia have reportedly shown interest in the stake sale of Egypt’s military-built petrol station chain Wataniya