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The government expects to sell the Gabal El Zeit and Zafarana wind farms in 1Q 2024
Author Archives: enterpriseam admin
Posted inEnergy
Our 10-GW wind project should start operating in 2027
The project is expected to take around two years to construct
Posted inUncategorized
Autostartup Mtor lands USD 2.8 mn in pre-seed round, Lychee closes series A
The pre-seed round was led by Egyptian venture capital firm Algebra Ventures
Posted inFINANCIAL SERVICES
Beltone signals new push into securitization, closes first factoring transaction
This marks Beltone’s first factoring agreement since obtaining its license in September
Posted inDEBT WATCH
GB Corp’s Drive closes EGP 1.4 bn securitized bond issuance
The issuance is the first in a three-year EGP 5 bn securitization program
Posted inWAR WATCH
Gaza sees most intense day of fighting
Israel has launched strikes on central Gaza’s Deir Al Balah
Posted inMoves
Mamdouh Ghoneim is the new chairman of EgyptAir Cargo
EgyptAir Cargo has a new chairman: EgyptAir Holding has appointed Mamdouh Ghoneim as chairman of EgyptAir Cargo, succeeding Gasser Hussein, according to a company statement. Ghoneim was previously the vice chairman of the company.
Posted inLAST NIGHT’S TALK SHOWS
On internet outages, corruption, and misinformation
No one story dominated the airwaves last night, as the nation’s talking heads discussed the nationwide internet outage, the corruption at the Supply Ministry’s headquarters, and the fast-approaching elections. Was your internet out yesterday? Telecom services provider Telecom Egypt suffered from a technical malfunction yesterday that disrupted internet service in a number of areas throughout […]