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Edura offers students pre-recorded and real-time interactive lessons and online assessments
Author Archives: enterpriseam admin
Posted inEARNINGS WATCH
CIRA Education’s top line grows 31% on strong enrolment
Higher interest rates continued to put modest pressure on CIRA’s bottom line:CIRA Education saw its adjusted net income drop 7% y-o-y in the three months ending 30 November to EGP 97.1 mn as rising interest rates hit the school operator’s bottom line, according to its earnings release (pdf). Financing costs rose 63% y-o-y increase during […]
Posted inLAST NIGHT’S TALK SHOWS
Egypt rejects Israeli arms smuggling allegations
“These actions gravely and seriously threaten the Camp David Accords,” State Information Service head Diaa Rashwan told Lamees El Hadidi
Posted inAlso on our Radar
Gov’t’s Pharos Energy bill rises to USD 37 mn. PLUS: Schneider solar projects, Tata Motors team up with MM Group, ValU + Bosta + PayTabs, Heliopolis Housing project, Nokia factory, new ADIB microfinance firm
The company intends to refrain from retrieving its USD-denominated receivables due to the exchange rate volatility.
Posted inPLANET FINANCE
PIF’s first bond sale of 2024 was 5x oversubscribed
The offering received offers totalling USD 27 bn
Posted inDiplomacy
Peace plan for Gaza, led by Egypt and Saudi Arabia
The plan would see Saudi Arabia recognize Israel if it ends the war in Gaza and recognizes Palestine’s sovereignty