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Author Archives: enterpriseam admin
Criticism of the (slow pace of) privatization, an airport cyberattack, and Gaza blanket the airwaves
Lamees El Hadidi interviews US Middle East humanitarian envoy David Satterfield
GEM to open by May 2024, focused now on the “final touches,” says Issa
Plus: Egypt was named one of the top 50 travel destinations for 2024 by Lonely Planet
Elsewedy Electric, Arab Contractors secure USD 500 mn Afreximbank credit facilities. PLUS: New pharma company acquires stakes in Jordanian diagnostics player
Afreximbank previously supported a dam project developed by Elsewedy and Arab Contractors
S&P 500 companies’ 3Q 2023 earnings come in four times above analyst expectations
More than 81% of 3Q earnings topped analyst expectations
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. 15-24 November (Wednesday-Friday): Cairo International Film Festival, Cairo. 19-22 November (Sunday-Wednesday): Cairo ICT, Egypt […]
THIS EVENING: Kuwait tops up USD 4 bn deposit with CBE before next year’s expiry date + DP World’s Sokhna logistics zone to begin construction this month
Good afternoon, friends, and welcome to this busy Monday as fresh FX and investment updates are hitting our news cycle. THE BIG STORIES TODAY #1- Kuwait has renewed its USD 4 bn deposit with the Central Bank of Egypt as Egypt continues to face an FX shortage and ahead of an anticipated devaluation later this […]