Good morning, folks. It’s a good news / bad news kind of morning as we prepare for what is expected to be a rainy day. The good news: The Madbouly government is looking to boost local natural gas output by 1 bcf/d by the end of 2026 by offering international oil companies better terms in […]
Author Archives: enterpriseam admin
Somabay becomes the stage for Egypt’s equestrian legacy. From 26 to 29 March 2026, the Egyptian Equestrian Cup arrives on the Red Sea, uniting riders, horses, and elite competition in a setting defined by discipline, mastery, and place.
Egypt targets 1 bcf/d natural gas boost by year’s end with investment model shakeup
The increase will come through intensified exploration activity, new bid rounds, and higher investment from international oil and gas companies
BMI raises Egypt deficit forecast to 3.4% as war triggers massive outflows
In a prolonged scenario, the current account deficit could reach 4.4% of GDP
Tourism operators call for low-interest loans as regional war drives 20% drop in bookings
Margins are being squeezed for tourism companies, who face not just the prospect of lower numbers of tourists, but also increased expenses
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens Israel’s second-largest airline Arkia Airlines is moving its operations to Egypt’s Taba and Jordan’s Aqaba as restrictions tighten at Ben Gurion Airport, including a 50-passenger per departure cap, effectively shutting down regular aviation activity, the airline said in a statement. To keep routes financially viable, […]
Business activity across the world is already reeling from the impacts of the war
That’s why economists are increasingly using one word to describe what’s happening: stagflation