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LCs continue to be processed — albeit after closer inspection to verify documentation
Author Archives: enterpriseam admin
Posted inIndustry
Downstream industries push back as Egypt considers three-year extension for steel and billet anti-dumping duties
The government seeks to cut 1 mn tons in annual imports to foster local industrial expansion
Posted inIndustry
Egyptian engineering firms tap safety stocks as aluminum prices soar
Manufacturers face a turning point as low-cost aluminum inventories run dry, forcing them to purchase at new prices
Posted inMoves
Hisham Ezz Al Arab will lead CIB until March 2029
Hisham Ezz Al Arab (LinkedIn) is staying on as CEO of the country’s largest private lender CIB until March 2029, after the bank’s ordinary assembly approved the move, according to a disclosure (pdf) to EGX. The announcement reflects a vote of confidence in Ezz Al Arab, who took over the role back in September 2024.
Posted inAlso on our Radar
LVP Pharma becomes Rameda’s largest shareholder with 23.2% share
Plus: EU Commission earmarks EUR 8 mn in wartime relief, desalination plant PPPs
Posted inPLANET FINANCE
Insuring the boom: The missing piece of the AI infrastructure puzzle
Possible disruptions, coupled with a lack of ins. coverage, is positioning funding data centers at a level of exposure that many investors are wary of taking on
Posted inCALENDAR
2026 MARCH 19-23 March: (Thursday-Monday): Eid El Fitr public holiday. 30 March - 1 April (Monday-Wednesday): Egypt International Energy Conference and Exhibition (EGYPES). APRIL 2 April (Thursday): Monetary Policy Committee’s second meeting of 2026. 12 April (Sunday): Coptic Easter. 25 April (Saturday): Sinai Liberation Day. MAY 1 May (Friday): Labor Day. 21 May (Thursday): Monetary […]
Posted inWHAT WE’RE TRACKING TONIGHT
Beltone to launch Fadda, Egypt’s first-ever silver investment fund
Good afternoon, friends, and (almost) Eid Mubarak. With Ramadan on its way out and Eid swiftly making its way in, it's likely that we'll be treating ourselves to a little overindulgence this weekend — and while you should heed the calls of your appetite, it's important to know what you should steer clear of. In […]