The projects include Orascom’s EGP 13 bn industrial complex and DNM’s USD 40 mn denim factory
Author Archives: enterpriseam admin
Egypt, Italy sign agreements to back MSMEs, vocational training, and much more
Italy’s Deposits and Loans Fund is providing a total of EUR 145 mn to support MSMEs in Egypt
How did non-banking financial services perform during 4Q 2023?
The value of leasing contracts jumped about 68% y-o-y to almost EGP 39 bn in 4Q
IDH saw its revenues rise 14% in 2023
IDH’s revenue grew 33% y-o-y in 4Q 2023 to EGP 1.1 bn
ACUD’s assets have tripled in value post float. PLUS: News from NBE, ITIDA, Al Ahly Momkn, IFC, Capricorn Energy
Three industrial developers have so far submitted offers for 1 mn sqm plots each in phase 2 of the new capital
Blockbuster transactions double in 1Q as M&As rebound
The number of mega-acquisitions valued at USD 10 bn or above more than doubled worldwide in the 1Q 2024, with 11 transactions totaling USD 215 bn taking place over the first three months of 2024, compared to five transactions worth a total of some USD 100 bn during the same period last year, the FinancialTimes […]
2024 APRIL 1 April (Monday): Deadline to bid for 23 blocks in an international oil and gas tender. 2 April (Tuesday): President Abdel Fattah El Sisi swearing in ceremony, New Administrative Capital. 9 April (Tuesday): Eid El Fitr (TBC) (national holiday). 15-21 April (Monday-Sunday): The IMF / World Bank Spring Meetings. 25 April (Thursday): National […]
THIS EVENING: Madbouly greenlights new EGP 120 bn program to subsidize loans financing for industrial and agricultural production.
Good afternoon, folks and happy Sunday. Welcome to the last full week of Ramadan which is still busy with news updates. So, when do we eat? Maghrib prayers are at 6:13 pm in the capital city, and you’ll have until 4:16 am tomorrow to hydrate and caffeinate ahead of fajr. THE BIG STORY TODAY Prime […]