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Poultry producers will get a three-year holiday from real estate taxes.
Author Archives: enterpriseam admin
Posted inEnergy
Europe will need to wait until 2025 for more LNG from Egypt, says El Molla
Europe will have to sit tight as it waits for more LNG from Egypt: Egypt will boost its LNG exports to Europe in the long term, but the energy-deprived continent will have to wait another two years during which global supplies are expected to remain tight, Oil Minister Tarek El Molla told Bloomberg yesterday. The […]
Posted inEconomy
Unemployment dips in 4Q 2022
down 0.2 percentage points from the July-September quarter
Posted inKudos
Mashreq Bank gets Euromoney kudos + Axa, Tamweely, Intella get gongs
Our friends at Gulf lender Mashreq Bank were named market leader in the UAE in Euromoney’s 2023 Trade Finance Survey for the third year running, according to a company press release (pdf). Mashreq also topped the best service category in Bahrain, Kuwait, Qatar, and Bangladesh, and was second in Egypt behind Banque Misr. Axa Egypt […]
Posted inLAST NIGHT’S TALK SHOWS
Chickens and cars top coverage
A lifeline for poultry producers and automotive industry?
Posted inEGYPT IN THE NEWS
Economy back in the spotlight
Economy talk is once again dominating coverage of Egypt in the international press this morning. Egypt is far from peak inflation, says Shuaa strategist: The impact of the EGP devaluation and the impending reductionof fuel subsidies means that “we are not anywhere close to peak inflation,” Aarthi Chandrasekaran, director of investments at Shuaa Asset Management, […]
Posted inAlso on our Radar
PM Madbouly meets Turkish companies to drum up investment
INVESTMENT- Mending ties with Turkey through FDI: Representatives of a number of Turkish companies met with Prime Minister Moustafa Madbouly yesterday, where they discussed plans to invest a combined USD 500 mn to expand their activities here, according to a cabinet statement. The meeting with Turkish investors was “the first of its kind by an […]