ATP tennis returns to Egypt after 15 years: Somabay to host the Somabay Open – ATP Challenger 50 With the Somabay Open – ATP Challenger 50, Somabay once again steps into the spotlight of international tennis. From 17 to 23 November 2025, professional players from around the world will gather on Egypt’s Red Sea coast […]
Author Archives: enterpriseam admin
Posted inLogistics
Cairo-Alexandria freight railway awarded to Egyptian-French consortium
The project is scheduled for launch midway through 2026 and slated for completion in 2030
Posted inReal estate
TMG eyes USD 4.7 bn in sales from newly inaugurated Oman developments
Jood is a residential that will span 2.7 mn sqm within Sultan Haitham City, while Yamal is a 2.2 mn sqm coastal tourism and residential project
Posted inBanking
Net foreign assets continue to rise in October, reaching USD 22.7 bn
Commercial banks saw their net foreign assets’ surplus expanding to USD 10.9 bn in October, from USD 9.8 bn a month earlier
Posted inMoves
Banque Misr taps Amr Demerdash as head of corporate banking
Damardash brings 30 years of banking experience to the position
Posted inAlso on our Radar
A USD 2.4 bn waste recycling plant?
PLUS- Telecom Egypt expects to fully settle its outstanding debts over the next four to five years
Posted inPLANET FINANCE
Pundits pencil-in rate cut next week as Fed divisions widen on where the cycle should stop
A changing of the guard at the Federal Reserve in 2026 could reshape views on the neutral rate