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The company signed an MoU for the plant late last year
Author Archives: enterpriseam admin
Posted inCabinet watch
Cabinet signs off on new wage, pension hikes with higher price tag than originally projected
The cost to the state budget: EGP 190 bn
Posted inPHARMA
Gulf, US players to boost local pharma manufacturing + more genetic screening labs
Gulf companies and Vacsera will build a USD 10 mn medical supplies factory
Posted inFintech
Did the CBE just pave the way for Apple Pay and Samsung pay?
The central bank is trying to move Egypt towards a cashless economy
Posted inLAST NIGHT’S TALK SHOWS
Last Night’s Talk Shows: Celebrating Egyptian women + preventing the medical brain drain
Chapeau Egyptian women: Egyptian women got a shoutout from our — ironically all-male — talking heads last night in celebration of International Women’s Day, celebrated globally on 8 March. Masa’a DMC (watch, runtime: 4:40) dove into the history of International Women’s Day, which was first celebrated by the UN in 1975, while Ala Mas’ouleety (watch, […]
Posted inAlso on our Radar
Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms
Agthia acquired a majority stake in Auf Group last year
Posted inPLANET FINANCE
No decisions made on accelerating interest rate hikes -Fed’s Powell
Faster rate hikes not guaranteed, Powell says: That was the message from Federal Reserve chair Jerome Powell on the second day of his congressional testimony yesterday, clarifying remarks made the day before that the central bank could pick up the pace with its monetary tightening following a spate of strong economic data. “If -— and […]
Posted inDiplomacy
El Sisi + Austin talk defense ties, Israel-Palestine tensions
President Abdel Fattah El Sisi and US Defense Secretary Lloyd Austin agreed to strengthen defense ties during talks in Cairo yesterday focused on regional and global security issues. Austin called the US relationship with Egypt an “essential pillar” of Washington’s commitment to the region ahead of the talks, which saw the two sides discuss efforts […]