This is the Shariah-compliant lender’s fourth securitization transaction
Author Archives: enterpriseam admin
IDH reports 1H 2023 financials as it continues post-covid transition
Revenues from non-covid-related tests climbed 40% during the period, partially offsetting the fall in covid income
The World Youth Forum, GERD + the presidential election get airtime
Business news took a back seat on the talk shows last night, with the bulk of the coverage being taken by the World Youth Forum, the upcoming presidential election, and the GERD dispute. Election 2024: The National Party of Egypt and El Ghad Party became the latest political parties to come out in support for […]
The scent of eternity
Capturing the attention of the global press this morning: What mummies smell like – and what they dream of. The international press is taking note of a study that saw researchers recreate the “scent of eternity” — a pine, clove, and vanilla-scented balm used in the mummification process of an ancient Egyptian noblewoman buried in […]
Competition watchdog alleges aluminum price-fixing. PLUS: News from Thales, Orascom, Maersk, EgyptAir, Kronospan, and HEDG.
COMPETITION- Competition watchdog sues 14 aluminum firms, alleging price fixing: The Egyptian Competition Authority (ECA) has filed charges against 14 aluminum companies, accusing them of collaborating to inflate and fix the price of the metal, according to statement from the regulator picked by Al Borsa. The report provides no detail about the alleged market manipulation. […]
Aramco wants to break a second listing world record
This would be the largest offering in the history of capital markets
No chips for you
US expands AI chip export restrictions to Middle East over national securit y concerns: The US has expanded its export restrictions on AI chips from US chipmakers Nvidia and AMD — originally imposed on China — to several undisclosed Middle East countries, a source familiar with the matter told Reuters. Nvidia said in a regulatory […]
SEPTEMBER September: Hassan Allam Utilities + Agility to open Yanmu East logistics park. September: Sustainable Debt Coalition Initiative agreed at COP27 to launch. September: IDH to open first branch in Saudi Arabia. September: The Egypt-Germany trade and investment joint conference in Cairo. September: JETRO’s second delegation arrives in Cairo. End of September: ADQ to acquire […]