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A delay in legal procedures pushed back the acquisition date
Author Archives: enterpriseam admin
Posted inMoves
El Molla appoints new heads for Enppi and Petrogas
The move was part of a wider shuffle at the Oil Ministry
Posted inLAST NIGHT’S TALK SHOWS
Talk show hosts cheer election turnout, El Sisi’s third term
The election results dominated the airwaves last night, as the nation’s talking heads wrapped up the election season with their two cents on what we can expect from another term for President Abdel Fattah El Sisi. We have the full rundown of the vote in the news well, above. The unprecedented voter turnout and the […]
Posted inEGYPT IN THE NEWS
The presidential election and much more
The results of our recent presidential election and vessels rerouting away from the Red Sea are dominating international coverage of Egypt this morning, but our sporting prowess in squash, new navy acquisitions, a luxury wedding at the Giza Pyramids, and Mo Salah transfer speculations have also been getting some ink. Getting hitched at the Pyramids: […]
Posted inAlso on our Radar
El Sisi ratified the new Building Reconciliation Act. PLUS: News from Raya Auto, Orascom Development, Telecom Egypt, and Lukoil
The new act makes it easier for people to legalize their unauthorized properties
Posted inPLANET FINANCE
High interest rates push businesses across the US, EU to shut their doors
Bankruptcies at almost a decade high in advanced economies:Corporate bankruptcies and insolvencies have risen across the US and EU on the back of a long stretch of high borrowing costs and a rollback of covid-19 financial support, the Financial Times reports. Bankruptcies in the US spiked by 30% y-o-y in the 12 months to September […]
Posted inCALENDAR
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 […]