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The lender is giving Hassan Allam Holding a USD 200 mn facility to support its infrastructure projects in Africa
Author Archives: enterpriseam admin
Posted inLEGISLATION WATCH
Amendments to the SMEs + Child Act
House grants final approval to amendments to the 2020 SMEs law
Posted inWAR WATCH
Israel continues siege of Gaza City hospitals; UN says it can no longer distribute aid as fuel runs out
Things go from bad to worse inside Gaza’s hospitals: Thousands of Palestinians have fled hospitals in the north as Israel presses ahead with its ground invasion targeting Gaza’s healthcare facilities. All hospitals in northern Gaza are now out of service, including the territory’s largest medical complex Al Shifa, where hundreds of patients remain inside without […]
Posted inEARNINGS WATCH-
Orascom Development Egypt and EKH release 3Q figures
ODE had a strong quarter, backed by record sales: EGX-listed Orascom Development Egypt (ODE) saw its net income rise 53% from the year before in 3Q 2023, reporting a top line of more than EGP 1 bn, according to an earnings release (pdf) out yesterday. The property developer logged its highest-ever quarterly net real estate […]
Posted inLAST NIGHT’S TALK SHOWS
Amr Adib takes aim at the EGP and sugar price hikes
The EGP fell even further against the USD in the parallel market to a record low
Posted inUncategorized
Infinity Power inks big Senegal contract. PLUS: Kuwaiti oil, digital banks, and aircraft
The battery energy storage system will supply Senegal with 40 MW of clean energy
Posted inPLANET FINANCE
Dubai is taking its taxi business to the DFM next month
Dubai’s Road and Transport Authority will be offering a 25% stake in its taxi business
Posted inCALENDAR
NOVEMBER 9-15 November (Thursday-Wednesday): Intra-African Trade Fair, Cairo. 14-15 November (Tuesday-Wednesday): Destination Africa, Royal Maxim Palace Kempinski Hotel. 14-15 November (Tuesday-Wednesday): Egypt VC Summit, Conrad Hotel. 15 November (Wednesday): Deadline for MTO to buyback Dice Sports and Casual Wear’s 46.9% Stake. 19-22 November (Sunday-Wednesday): Cairo ICT, Egypt International Exhibition Center. 19 November (Sunday): House reconvenes. […]