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Both companies have already seen interest from Gulf investors
Author Archives: enterpriseam admin
Posted inInvestment Watch
Saudi electronics retailer Extra shelves Egypt expansion plans
The decision will hit the company with c. EGP 314 mn in sunk costs
Posted inLEGISLATION WATCH
Controversial new labor bill is back on the table as El Sisi announces measures to support day laborers
Controversial redraft of the Labour Act was shelved after backlash from the business community
Posted inWAR WATCH
Sudan ceasefire fails to hold as fighting enters 18th day
The UN has warned that as many as 800k people could be displaced by the fighting
Posted inLAST NIGHT’S TALK SHOWS
Happy Labor Day. PLUS: Mostafa Dawish’s sudden passing and the latest from Sudan
The shock death of actor Mostafa Darwish and the latest from Sudan receive coverage
Posted inEGYPT IN THE NEWS
Egypt releases second Al Jazeera journalist as Qatar ties warm
This follows the release of AJ correspondent Ahmed Al Nagdy in September
Posted inAlso on our Radar
Regulators just greenlit Egypt’s first ever gold investment fund. PLUS: Data center upgrade, new Sawari tech fund, oil + gas exploration.
Gold prices have surged 60% this year on ongoing economic uncertainty
Posted inPLANET FINANCE
Saudi net foreign assets slump to 13-year low
This comes despite a bumper dividend payout from Aramco