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DECEMBER 10-26 December (Sunday-Tuesday): Ali Badrakhan’s cinema, Zawya Cinema, Downtown. 10-16 December (Sunday-Saturday): Tutankhamun: The Immersive Exhibition at the Grand Egyptian Museum. 11 December (Monday): Cheese Fondue Brunch at Villa Belle Époque. 11-12 December (Monday- Tuesday): Omar Khairat’s concerts, Cairo Opera House, Zamalek. 12 December (Tuesday): Ornament Mosaic Workshop at MAKAN Interiors. 12 December (Tuesday): […]
Author Archives: enterpriseam admin
Posted inWhat We're Tracking Today
It’s day one of the presidential election
Good morning, friends. It’s shaping up to be a busy news week as we prepare for the final days of 2023, with no less than three big stories competing for your attention this morning: Polls open today in the presidential election. We can expect first-round results next week. The IMF could quadruple its assistance package, […]
Posted inAdvertiser
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Posted inEconomy
We’re in talks with the IMF for a bigger package
An IMF spokesperson described the need for more financing as “critical” due to the war in Gaza
Posted inREGULATION WATCH
FRA rolls out new trading regs to reduce market risk
The amendments aim to stabilize the market, regulate margin trading, reduce default risks, and protect traders’ rights
Posted inEconomy
FX reserves flat in November
FX reserves have added USD 2 bn in the last fifteen months
Posted inFINANCIAL SERVICES
TBS’ Damfi signs EGP 480 mn leasing and factoring agreement with Beltone
This is Beltone’s second factoring agreement
Posted inWAR WATCH
Gaza displacement could “rupture” Egypt-Israel ties + US blocks ceasefire
Palestinian displacement into Egypt could mean goodbye Camp David: Egypt has reportedly warned Israel that an attempt to displace Palestinian refugees into Sinai could cause a “rupture” in the two countries’ relationship, Axios reported Thursday, citing four US and Israeli officials. Egyptian officials have expressed concerns to Israeli intelligence that its offensive in south Gaza […]
Posted inMoves
Another leadership change at Elab
Elab has a new chairman, MD: Oil Minister Tarek El Molla has appointed Mahmoud Al Araby as chairman and managing director of the Egyptian Linear Alkyl Benzene (Elab) company, the ministry said Thursday. Al Araby succeeds Mohamed Dorra, who leaves the position after less than five months in the role. Remember: The government recently sold […]