The issuance is the third of a EGP 4 bn program
Author Archives: enterpriseam admin
A good week for Vodafone Egypt + Egypt’s banks
Vodafone is on top of its ESG reporting: Vodafone Egypt released sustainability report for the year ending March 2023(microsite | PDF) at an event hosted by the British Egyptian Business Association, according to a statement (pdf). The company is the first telecoms operator to voluntarily report on its sustainability efforts following the ESG approach metrics, […]
Madbouly’s presser dominates the airwaves
Privatization was the one topic of discussion on the airwaves last night, as the nation’s talking heads recap what went down during Prime Minister Moustafa Madbouly’s presser and the sale of a stake in seven state-owned historic hotels. Ala Mas’ouleety interviewed cabinet spokesperson Mohamed El Homsani (watch, runtime: 13:38) on the matter, while Yahduth Fi […]
GERD deadlock in the foreign press
The international press is focused on our Nile deadlock with Ethiopia this morning, after a fourth round of negotiations between Egypt, Sudan, and Ethiopia failed to reach a solution to the longstanding GERD dispute. The story got attention from Bloomberg, Reuters, and the Washington Post. The economy also got a brief mention: Reuters is out […]
Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby
Steel magnate raised his stake to 66.4%
2023 was good to Tadawul
Traders are feeling grumpy in Asia this morning. But first: A look at Tadawul, which is closing the books on a year that sees international institutional investors finally giving a second look to one of the world’s most compelling equities markets. Saudi’s Tadawul is piquing the interest of fund managers from across the globe, with […]
My Morning Routine: Magda Greiche, executive shareholder of Dr Greiche Glass
Greiche has been at the family-run company for 15 years
DECEMBER 14-21 December (Thursday-Thursday): El Gouna Film Festival. 21 December (Thursday): Central Bank of Egypt’s Monetary Policy Committee meeting. 2024 JANUARY 1 January (Monday): Egypt to join the Brics. 1 January (Monday): Private-sector minimum wage to rise to EGP 3.5k and minimum pension rate to rise to EGP 1.3k. 7 January (Sunday): Coptic Christmas (national […]