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Work on the project will kick off in late 2026
Author Archives: enterpriseam admin
Posted inDevelopment finance
EBRD provides Banque du Caire with USD 50 mn financing package for MSMEs
Up to USD 10 mn will go towards women entrepreneurs as part of the EBRD’s Women in Business (WiB) programme
Posted inWAR WATCH
Israel claims ceasefire before Ramadan in the cards
Israeli National Security Adviser Tzachi Hanegbi told Israeli media that the country’s delegation to the Paris ceasefire talks “did not come back empty handed”
Posted inLAST NIGHT’S TALK SHOWS
The Ras El Hekma sale was top of the agenda on last night’s talk shows
The agreement is “unlike any other,” Naguib Sawiris said during a phone call with Hadrat el Mowaten’s Sayed Ali
Posted inAlso on our Radar
Energean to release Orion results in two to three weeks. PLUS: Egypt to establish Tanzania-Rwanda logistics corridor
The well is projected to hold c. 10 tn cubic feet of natural gas
Posted inPLANET FINANCE
Nvidia gains help S&P 500 hit fresh closing high
Nvidia’s valuation hits USD 2 tn: Nvidia continued its rally on Friday, with its valuation briefly hitting USD 2 tn for the first time ever. The US chipmaker made the biggest single-day market cap gain in history by adding USD 277 bn to its valuation on Thursday after its quarterly revenues rose 265% y-o-y on […]
Posted inCALENDAR
2024 FEBRUARY 24 February-1 March (Saturday-Friday): Egypt hosts the 71st African Airports Council International (ACI) Conference and Exhibition at the Alamera Hall Air Forces House Center and Le Méridien, Cairo Airport. 26 February (Monday): Eighth edition of the Capital Markets Summit at the InterContinental Semiramis Hotel, Cairo. MARCH 1 March (Friday): New public-sector minimum wage […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: EGX30 closes down 5% after ADQ investment cools off parallel market + NDFs
Good afternoon, ladies and gentlemen. We’re starting off a new week that promises to be busy and bring us a very full pipeline of news, which most of us were anticipating after an eventful weekend. THE BIG STORY TODAY EGX falls 5%: The EGX30 fell 5.0% at the close of trading today, according to market […]