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Author Archives: enterpriseam admin
Actis, a longtime investor in Egypt and champion of emerging markets, will merge with General Atlantic
The acquisition would add Actis’ USD 12.5 bn worth of assets to General Atlantic’s USD 83 bn portfolio
Gov’t is getting USD 250 mn to boost food + energy security
The loan will be equally split between the EGPC and GASC
More companies pause Red Sea traffic after another Houthi attack
Shipping disruptions in the Red Sea are expected to elevate the prices of consumer goods
MPs give the go ahead to Criminal Procedures Code amendments
The amendments will allow felony defendants to appeal their verdicts before an intermediary higher court
El Moselhi on the hot seat
It was a shouty night on the airwaves yesterday, as an unusually rowdy House earlier in the day aimed their sights on Supply Minister Ali El Moselhi to vent their frustration over commodity shortages and price hikes. Supply minister under fire: “This is not a House that pats [on the back]. This is a House […]
Gunfire on the border puts Egypt in the news
Egyptian and Israeli forces clashed with 20 drug smugglers in the Sinai Peninsula