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Attendees were discussing how to arrest the decline of Egypt’s industrial sector
Author Archives: enterpriseam admin
Posted inInvestment Watch
Egypt-Oman fund to go live in 4Q 2023
The fund will target companies in the pharma, food, and renewables sectors
Posted inEnergy
Energy China to ink framework agreement for green hydrogen plant by July
The plant will produce 1.2 mn tons of ammonia and 210k tons of hydrogen
Posted inInvestment Watch
Egypt named among top emerging markets for foreign investment
UAE, Saudi Arabia and Qatar among the most attractive FDI destinations globally
Posted inEARNINGS WATCH
Madinet Masr profits more than double in 1Q 2023
EGX-listed real estate developer Madinet Masr reported EGP 304.4 mn in net income in 1Q 2023, up 153% y-o-y,according to its earnings release (pdf). Revenues climbed 24% y-o-y to EGP 1 bn during the period on the back of higher gross contracted sales. Sales values were up even as unit volumes fell: Madinet Masr’s gross […]
Posted inMoves
Swvl closer to regaining compliance with Nasdaq audit regs
Company appoints Ayman Ismail to audit committee, a month after two of its members resigned
Posted inLAST NIGHT’S TALK SHOWS
El Sisi calls on DFIs to relax lending rules at AfDB meetings
Food prices and the controversy over the City of the Dead also received airtime