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Author Archives: enterpriseam admin
Posted inEnergy
Our gas imports just went to zero
Israel has reportedly cut its Egypt-bound gas imports of 800 mmcf/d to zero
Posted inWAR WATCH
Gaza civilians increasingly desperate as Israel expands ground offensive, though aid shipments could be increasing
Thousands of civilians looted food commodities from a UN facility as Israel’s 3+ week siege takes its toll
Posted inReal estate
Fears of devaluation drove Cairo real estate prices up in 3Q 2023 -JLL
Many are deciding to invest in real estate to hedge against a volatile EGP
Posted inManufacturing
Golden licenses attract mns of USD in fresh investment
Samsung is investing more than expected in a new phone assembly facility and EgyptSat Auto sees its first cars hitting the market in the back half of 2024
Posted inEARNINGS WATCH
SODIC + Mashreq earnings jump in 9M 2023
Real estate developer SODIC’s net income rose 26% y-o-y to EGP 548 mn in 9M 2023, it said in a statement (pdf). The company’s revenues for the nine-month period rose 7% y-o-y to EGP 5 bn, driven by deliveries of East Cairo projects, namely in SODIC East and Villette’s Sky Condos. Sales rise as company […]
Posted inLAST NIGHT’S TALK SHOWS
Last Night’s Talk Shows on the conflict in Gaza and extended power cuts across Egypt
Power cuts are set to increase as the war in Gaza hits Egypt’s gas imports and the hot weather continues