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El Sisi outlined the state’s commitments to strengthen the country’s foreign relations, national security, and economic growth and productivity
Author Archives: enterpriseam admin
Posted inManufacturing
Elsewedy to break ground on its New October industrial park within weeks + ramp up Gulf expansions
The company’s upgrades to its Saudi factory are scheduled to wrap up by late 2024
Posted inEGYPT IN THE NEWS
Foreign pages cover El Sisi’s inauguration + British rail contract
Two stories are driving the conversation on Egypt in the foreign press this morning: President Abdel Fattah El Sisi’s inauguration (which we cover in the news well, above) and British Steel inking a contract to supply us with rail. AND- British rail: The British steel products producer British Steel will supply rail for Egypt’s GreenLine, […]
Posted inAlso on our Radar
El Sisi ratifies Unified Budget Act amendments. PLUS: News from Masria Digital Payments, Cequens, El Nasr Mining
The amendments will see the budgets of all 59 of the state’s economic bodies and the state budget presented in a new consolidated budget
Posted inPLANET FINANCE
Are the Magnificent Seven now the Fab Four?
PLUS: Venture capital is still out of fashion with institutions + worries about sustainability of US debt
Posted inCALENDAR
2024 APRIL 10 April (Wednesday): Eid El Fitr (TBC) (national holiday). 15-21 April (Monday-Sunday): The IMF / World Bank Spring Meetings. 25 April (Thursday): National holiday in observance of Sinai Liberation Day (TBC) (national holiday). 26 April (Wednesday): Clocks move forward one hour at midnight as daylight saving time starts. 28 April (Sunday): Grace period […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: Egypt’s PMI increased slightly to 47.6 in March
Good afternoon, ladies and gentlemen, and happy almost-Thursday. We have some updates on our PMI figures that arrived earlier during the business day. THE BIG STORY TODAY Egypt’s non-oil sector activity declined at a slower pace in March: Egypt’s purchasing manager index (PMI) figure — which tracks the country’s non-oil business sector — rose slightly […]