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Businesses want banks to take on more risk and offer more diverse products in challenging times
Author Archives: enterpriseam admin
Posted inStartup watch
Homegrown chip designer Pearl Semiconductor secures USD 4.5 mn investment. PLUS: Acacia invests in Senegal.
Sawari Ventures, Shorooq Partners, and QBN Capital all invested in the semiconductor company
Posted inLAST NIGHT’S TALK SHOWS
Food prices, Gaza war top talk show coverage
War, elections and prices dominated talk on the airwaves last night as the talking heads grappled with a very busy news cycle. Tamping-down soaring food prices: Most of the talk shows dedicated airtime to discussing Prime Minister Moustafa Madbouly’s announcement yesterday that businesses had agreed to cooperate with the government to lower the prices of […]
Posted inAlso on our Radar
Egypt, Turkey mull local currency trade. PLUS: News from Rology, Taqa x Aman, and Telecom Egypt
Egypt wants to boost trade with Turkey by 50% to USD 15 bn in five years
Posted inPLANET FINANCE
Fears of Israel-Hamas war escalation plunge Gulf markets
Saudi’s benchmark index had its steepest decline in 10 months on Sunday
Posted inCALENDAR
OCTOBER 9-11 October (Monday-Wednesday): Arabs Savings and Financial Literacy Conference, Four Seasons Hotel. 9-15 October (Monday - Sunday): The World Bank and IMF annual meetings in Marrakech, Morocco. 10-12 October (Tuesday-Thursday) Ceramica Expo, Cairo International Convention Center. 12 October (Thursday): Egyptian-Italian Business Forum. 13 October- 20 October (Friday-Friday): The sixth edition of El Gouna Film […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: Inflation accelerates again in September + IMF revises upwards Egypt’s growth forecast
Good afternoon, wonderful people. It’s looking like a good news / bad news kind of day, with mixed sentiments coming in. THE BIG STORIES TODAY #1- Annual urban inflation accelerated to 38.0% in September, reaching yet another all-time high, according to Capmas data released today. September is the fourth consecutive month that has brought a […]