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Net foreign liabilities in the banking sector hit a record high in June
Author Archives: enterpriseam admin
Posted inMoves
Matouk Bassiouny launches in Korea
Jiyoung Bae has joined the firm as a partner and will head up its Korea desk
Posted inLAST NIGHT’S TALK SHOWS
Libya floods + Smart Green Projects get attention on the airwaves
Libya flood aftermath still in focus: Al Hayah Al Youm (watch, runtime: 5:16 | 3:31), Masaa DMC (watch, runtime: 6:17), Yahduth fi Masr (watch, runtime: 5:12), and Ala Masouleety (watch, runtime: 4:14) all continued covering the aftermath of the floods in Libya, focusing on Egypt’s humanitarian support efforts for Libyan victims, as well as relief […]
Posted inAlso on our Radar
The government is extending its land-for-FX scheme for another 6 months. PLUS: Avanz Capital is planning fresh investment in Egypt
The initiative is one of many the government has introduced in response to the FX crunch
Posted inPLANET FINANCE
Rising oil prices drive hotter-than-expected US inflation in August
Saudi Arabia and Russia are trying to push oil prices towards USD 100, complicating the Federal Reserve’s attempts to calm inflation
Posted inMy Morning Routine
My Morning Routine: Ahmed Nounou, co-founder and CEO of Garment IO
“A good factory operates at 60% capacity. You don’t know how well your factory is doing unless you have live actionable data.”
Posted inCALENDAR
SEPTEMBER 13-14 September (Wednesday-Thursday): Hydrogen Egypt Summit, Nile Ritz Carlton, Cairo. 15 September (Friday): Ultraibex Wadi Degla Protectorate clean-up event. 15 September (Friday): IMF to review USD 3 bn program. 15 September (Friday): Deadline for applications to EGYAID scholarship program. 15 September (Friday): Deadline for FX bureaus to comply with new capital requirements. 17-18 September […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: A new round of the car import scheme + New Maersk, AP Moller venture has its eyes on Egypt. Plus: More privatization updates
Good afternoon, ladies and gentlemen, and a very, very happy THURSDAY to us all. We have an uncharacteristically busy end to the week today, but we hope you’re able to disconnect and unwind over the weekend all the same. THE BIG STORIES TODAY #1- Expat car initiative, take two: The Madbouly Cabinet agreed to renew […]