Egypt to pay USD 29.2 bn in debt dues during 2024
Author Archives: enterpriseam admin
What’s happening with Midar?
Midar was established in 2006 to develop the 11k-feddan Mostakbal City project
Al Ahly Tamkeen Microfinance closes EGP 707 mn bond issuance
The issuance brings the total value of securitized bonds issued in Egypt so far this year to EGP 55.2 bn
Valu to expand into Jordan, puts Saudi on hold for now
The fintech has shelved plans to expand in Saudi, citing problematic market conditions
Talk shows continue wall-to-wall coverage of Homeland conference
The “St ory of a Homeland ” forum once again dominated last night’s talk shows. El Hekaya’s Amr Adib (watch, runtime: 4:39) and Masaa DMC’s Osama Kamal (watch, runtime: 13:04) gave time to President Abdel Fattah El Sisi’s directive to the Transport and Housing ministries to complete national projects “with me or someone else.” Pundits […]
NYT spotlights Wael Hana, the Egyptian-American businessman tied up in the Bob Menendez corruption scandal
There isn’t much being written about Egypt internationally this morning: The New York Times is out with a piece detailing the rise and fall of the co-defendant in US Senator Robert Menendez’s case, the Egyptian halal meat importer Wael Hana. Meanwhile, the Daily Mail reports that eight storage chambers have been uncovered by an Egyptian, […]
Japanese firms talk renewables, green fuel investments with SCZone. PLUS: GAFI’s plans for silver licenses + SFE interest in EgyCOP
The Japanese delegation was joined by local and international energy companies operating in the country