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The economic crisis is driving the conversation on Egypt in the foreign press this morning: The Financial Times reports on how soaring inflation is hurting the poor and well-off alike, while Bloomberg and Deutsche Welle are both out with pieces asking whether the government will deliver on its pledges to reform the economy in favor […]
Author Archives: enterpriseam admin
Posted inAlso on our Radar
StanChart on EGP uncertainty + Omani wealth fund considers investing in Egypt
Investors are waiting for “significant and clear signals”
Posted inPLANET FINANCE
Adnoc Gas on course to be one of the world’s largest listed gas firms
Adnoc Gas is set to raise some USD 2 bn in its upcoming IPO, valuing the company at USD 50 bn and making it one of the world’s largest listed gas companies, Bloomberg reports, citing sources close to the transaction. The natural gas arm of the UAE’s national energy company will sell some 4% (3 […]
Posted inDiplomacy
Shoukry attends 2023 African Union summit in Ethiopia
Shoukry attends AU summit: Foreign Minister Sameh Shoukry was in Addis Ababa yesterday for the annual African Union (AU) summit, which brought the continent’s 55 countries together to discuss food and energy security, climate change and the African Continental Trade Agreement. The session also saw Senegal hand the AU presidency to the Comoros. During the […]
Posted inCALENDAR
FEBRUARY 19 February (Sunday): Senate reconvenes. 23-27 February (Thursday-Monday): Annual Business Women of Egypt’s Women for Success conference. 23 February (Thursday): Telecom Egypt to announce its 2022 results. 24-26 February (Friday-Sunday): The Egyptian Private Equity Association and the African Private Equity and Venture Capital Association are hosting a three-day private capital funds masterclass. MARCH March: […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: The SFE could snag a piece of El Ezaby + Syria’s earthquake gets more attention in the foreign press
Good afternoon, ladies and gents, and welcome to the start of a new week. It’s a calmer-than-expected Sunday so far, but we expect things to kick into high gear in the days ahead. THE BIG STORY TODAY-’ Does SFE want a piece of El Ezaby Pharmacy? The Sovereign Fund of Egypt’s (SFE) health and pharma […]
Posted inFOR YOUR COMMUTE
The battle for Man Utd ownership heats up + Netflix drops its Surprise Me button
The race to become Manchester United's new owner is heating up:British b’naire Jim Ratcliffe and Qatar’s Sheikh Jassim bin Hamad Al Thani have both submitted bids to acquire the Premier League club. Ratcliffe, the chairman of INEOS and a lifelong Man Utd supporter, made a bid for a majority stake in the Glazer family-owned club, […]