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Author Archives: enterpriseam admin
Gennecs’ huge vaccine plant + four other projects receive golden licenses
The plant is expected to produce 300 mn vaccines a year, making it the largest of its kind in the MENA region
UAE could help finance wheat purchases, says Supply Ministry
Egypt wants to continue to purchase Ukrainian wheat despite Russian blockade, says supply minister
Palm Hills closes EGP 472.5 mn securitized bond issuance
PHD closes second securitization transaction of 2023: Our friends at real estate developer Palm Hills Developments (PHD) has closed a EGP 472.5 mn securitized bond issuance, according to a joint statement (pdf) from PHD and EFG Hermes, which managed the transaction. EGP 1+ bn and counting: PHD has now securitized more than EGP 1.1 bn […]
CIB net income more than doubles in 2Q 2023
The bank’s net interest income climbed 86% y-o-y to more than EGP 13 bn
Power outages, GERD latest, and the 23 July revolution
Electricity Ministry is hopeful ongoing power cuts are temporary
El Sisi pardons two prominent human rights activists
Patrick Zaki and Mohamed El Baqer were arrested in 2019 on charges of spreading false news
Matouk Bassiouny + Taqa Arabia look to expand in Saudi Arabia
The local law firm could open a second branch in Jeddah