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The move came after the gov’t agreed with suppliers and retailers to cut prices by 15-20% this week
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
Egypt, KSA, and the UAE accounted for over 85% of M&As in the region in 2023
M&As in the region witnessed a 30% y-o-y decline
Posted inDiplomacy
El Sisi, Shoukry talk Gaza with US House Committee on Homeland Security
The two sides discussed their collaboration in the areas of security and counter-terrorism measures, as well as the developing regional conflict
Posted inMy Morning Routine
My Ramadan Routine: Motaz El Dreny, founding partner of Dreny & Partners
As for Dreny & Partners, we’re seeking regional expansion. We’re looking into GCC countries, especially Saudi Arabia
Posted inCALENDAR
2024 MARCH 28 March (Thursday): Industrial Development Authority to close applications for 1 mn sqm of land in 10 different governorates. 29 March (Friday): IMF’s Executive Board to discuss Egypt’s loan program. 29 March (Friday): Egypt removed from JPMorgan Chase’s Emerging Local Markets Index Plus. APRIL 1 April (Monday): Deadline to bid for 23 blocks […]
Posted inWhat We're Tracking Today
Gov’t begins paying back nearly 20% of overdue arrears to international oil firms
Good morning, folks. We may have lost on the football field to Croatia last night, but we’ve got news of wins on the investment front to cheer you up this morning with a further EGP 5.6 bn worth of fresh investments coming our way after the SCZone handed out six new golden licenses. But that’s […]
Posted inAdvertiser
Somabay set to make a splash again with World Aquatics triple event extravaganza: Somabay is hosting the World Aquatics series for the second year, featuring three events in March, May, and August. The series includes the World Aquatics Open Water Swimming World Cup 2024, World Aquatics Elite Beach Water Polo World Cup 2024, and the […]
Posted inBanking
At least six state-owned banks rumored to be in line for leadership reshuffle
The National Bank of Egypt, Banque Misr, Banque du Caire, AAIB, EBank, and Suez Canal Bank could soon be under new leadership, according to our source