The balance of payments was back in a deficit after two consecutive quarters of recording a surplus
Author Archives: enterpriseam admin
Qalaa Holdings offloads 18% stake in Taqa Arabia in debt settlement agreement
The company will retain the right to repurchase its shares in Taqa Arabia within the next five years
CBE raises daily withdrawal limit
The daily limit on over-the-counter withdrawals has been raised to EGP 250k
Egypt to build two solar plants with EU funds
The entirety of the projects’ cost will be covered by a grant from the EU
Ezz Steel turns to losses in 2023 despite revenue growth
Revenues rose on the back of record exports as the company moved away from domestic sales
Mohamed Shamroukh tapped as new National Telecom Regulatory Authority head
Shamroukh previously served as chief financial officer at Telecom Egypt
Price of non-subsidized bread set to drop up to 25%
The nation’s talking heads were back on the airwaves last night following the end of Ramadan and Eid Al Fitr. While Israel’s war on Gaza and its escalating tensions with Iran were top of the agenda last night, the nation’s hosts also found the time to cover falling bread prices. Some good news fresh out […]