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Author Archives: enterpriseam admin
Egyptians will have less food on their iftar tables this Ramadan
What’s on the iftar table? The Associated Press dives into the Ramadan festivities and foods across the Middle East as Muslims across the world welcome the holy month — the Egypt focus of the piece takes a look at how Egyptians are struggling to put food on the table this Ramadan.
Tanmeyah, MSMEDA to lend out up to EGP 200 mn to microenterprises. PLUS: News from Smokery, House, ACDIMA
The two sides will hand out loans of up to EGP 220k to some 10k microenterprises
An almost record year for Saudi Aramco, despite waning oil prices and production cuts
Saudi’s Aramco recorded its second-highest net income in 2023, despite falling 25% y-o-y to USD 121 bn on waning oil prices and lower output, according to the oil giant’s latest earnings release (pdf). The firm’s revenues also decreased by 18% y-o-y to USD 440 bn over the same period, the company said in a Tadawul […]
2024 MARCH 11 March (Monday): First day of Ramadan. 20 March (Wednesday): End of sugar export ban. 28 March (Thursday): Central Bank of Egypt’s Monetary Policy Committee meeting. 28 March (Thursday): Industrial Development Authority to close applications for 1 mn sqm of land in 10 different governorates. 29 March (Friday): Egypt removed from JPMorgan Chase’s […]
THIS EVENING: CIB hikes FX transaction limits again
Good afternoon, folks, and Ramadan Kareem. We hope that the caffeine withdrawal has been gentle as we begin the holy month. So, when do we eat? Maghrib prayers are at 6:02pm in the capital, and you’ll have until 4:49am tomorrow to hydrate and caffeinate ahead of fajr. THE BIG STORY TODAY CIB eases FX transaction […]
Oscars 2024: Oppenheimer nabs Best Picture, Emma Stone picks up Best Actress
It was also Christopher Nolan’s first win after eight nominations for Best Director