Egypt has exported hardly any gas since the summer due to soaring local demand, declining production, and disruption caused by the war in Gaza
Author Archives: enterpriseam admin
National Green Hydrogen Council approves green hydrogen strategy
Egypt wants to produce 5-8% of global hydrogen by 2040 under the strategy
Get paid in FX? Pay VAT in FX
Sellers could choose to pay their VAT dues in EGP if they exchanged an equivalent amount or more of FX at a bank
Palestinian, Israeli prisoners freed as temporary ceasefire goes into effect
El Sisi suggests a demilitarized post-war Gaza
Fitch downgrades Egyptian banks’ operating environment score on ties to sovereign debt
Fitch estimates that about 50% of the total assets of Egypt’s banking sector are invested in government debt, creating a significant exposure
WayUp Sports closes seed round led by Beltone’s VC arm
The investment will support Wayup Sports’ growth across the region
Hamas-Israel hostage swap dominates the airwaves
Grabbing the attention of the talking heads last night The hostage swap between Hamas and Israel, the upcoming presidential elections, and rising cigarette prices. All quiet on the Rafah front: On Day 2 of the temporary ceasefire, Al Qahera News correspondent Yasser Abdel Setar told Lamees El Hadidi that there was a “complete silence” at […]
Western brands are feeling the heat in Egypt as Gaza boycott spreads
It’s a quiet morning in the foreign press as far as Egypt is concerned:Reuters covers the spreading boycott of Western goods perceived to be aligned in Israel.