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Author Archives: enterpriseam admin
Fee rises at high-end int’l, private schools capped at 6% for the coming school year
The Education Ministry has introduced a tiered system for annual fee hikes
Abu Dhabi’s export finance agency is funding more Emirati exports to Egypt
The agreement comes less than a month after ADEX agreed to finance Emirati wheat exports to Egypt
Awlad Ragab to sell EGP 850 mn in assets to pay debts -Asharq
The company has closed doors at dozens of branches this year
Bourse board member talks up rally, sees EGX30 closing higher at year’s end
It was another low-business night on the airwaves last night,with the ongoing EGX rally being the only big business story of the night. EGX board member Rania Yacoub talked up the relative merits of buying gold and real estate (both overpriced, she suggested) vs the EGX in a chat with Masa DMC’s Ramy Radwan (watch […]
Another building collapse
There’s not a lot going on in the international press this morning as far as Egypt is concerned: The Associated Press picks up on the building collapse in Cairo’s Hadayek El-Kobba district that killed at least four people and injured three others. Meanwhile, the New York Times reports on the Tamazid project masterminded by architect […]
CIRA Education plans second bond issuance. PLUS: aiBank, Taqa Arabia, Orascom Construction, EDF Renewables, and more
The Egypt-based education provider securitized future cashflows for the first time last year
BlackRock x Gulf wealth funds
BlackRock looks to Gulf to finance its new investment pool: Gulf sovereign funds are considering injecting cash into a new investment pool from US private equity giant BlackRock, reports Asharq Business, citing sources close to the issue. The fund will target Middle East infrastructure projects and private stocks and currently has the interest of Saudi’s […]