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Abu Dhabi Tourism Investment Company has allocated USD 80 mn to build a new hotel under the brand Sofitel Legend, replacing Mercure
Author Archives: enterpriseam admin
Posted inLAST NIGHT’S TALK SHOWS
Price hikes and a suspected Israeli drone strike in Beirut dominated the airwaves
Lamees El Hadidi questioned why the price hikes came without any pre-warning
Posted inEGYPT IN THE NEWS
What are Egyptians wishing for in 2024?
The conversation on Egypt in the international press is all over the place this morning: China’s Xinhua is out with a feature looking at what the people of Egypt are wishing for walking into the new year — peace in Gaza and economic stability. Meanwhile, imprisoned activist Alaa Abdel Fattah is back in the press, […]
Posted inAlso on our Radar
EIB, EU extend EUR 165 mn to green our industrial sector. PLUS: Jinbei’s buys Brilliance stake, GUPCO, data centers, steel price rises, sugar tenders
The funds will help the private and public sector combat industrial pollution
Posted inPLANET FINANCE
Are you ready for the new economic order?
Individual consumers, businesses and even countries will have to figure out how to readjust to a high interest rate environment
Posted inCALENDAR
2024 JANUARY 7 January (Sunday): Coptic Christmas (national holiday). 9 January (Tuesday): B Investments’ general assembly (pdf) to look into capital increase ahead of Orascom Financial Holding (OFH) acquisition. 17 January (Wednesday): A delegation of Egyptian companies to visit Istanbul. 25 January (Thursday): Revolution Day / Police Day (national holiday). FEBRUARY 1 February (Thursday): Central […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: A look at the Madbouly government’s fiscal projections for 2024-2025
Good afternoon folks, and happy near-Thursday. The weekend is peeking over the horizon as more stories begin to flood our news cycle. THE BIG STORY TODAY Our first look at next year’s budget: Earlier today we got our first look at the Madbouly government’s fiscal projections for the fiscal year 2024-2025. The government sees the […]