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Mohamed Mahran (LinkedIn) has been appointed executive chairman and managing director of Misr Ins. Holding (MIH) after Basel El Hini submitted his resignation as MD and non-exec chair of the state-owned company, the Public Enterprises Ministry said (pdf) over the weekend. Mahran has some 35 years of experience in the ins. industry and has been […]
Author Archives: enterpriseam admin
Posted inLAST NIGHT’S TALK SHOWS
Tub-tubs for Moscow’s trade move
It was a quiet night on the airwaves last night, with the pundits praising the Bank of Russia’smove last week to approve the EGP as a trade currency, as well as the arrival of the first flight to Egypt from China in years. Moscow’s inclusion of the EGP as a currency of trade will make […]
Posted inEGYPT IN THE NEWS
Juhayna founder + son released from prison
Juhayna founding family released from prison: Reuters is reporting that the founder and former CEO of dairy foods giant Juhayna, Safwan Thabet, and his son Seif Thabet (who has long been active in the business and was CEO after his father’s arrest) have been released from prison. Safwan’s daughter Mariam Thabet also announced their release […]
Posted inUncategorized
** SHARE ENTERPRISE WITH A FRIEND ** Enterprise is available without charge — just visit our English or Arabic subscription page, depending on which edition you would like to receive. We give you just about everything you need to know about Egypt, in your inbox Sunday through Thursday before 7am CLT (8am for Arabic), and […]
Posted inAlso on our Radar
Forbes International Tower: Coming to a new administrative capital near you
REAL ESTATE- Magnom + Forbes to build tower in new capital: Magnom Properties, a unit of Saudi Arabia’s Rawabi Holding, signed a MoU with business magazine Forbes to build the zero-carbon Forbes International Tower in the new capital, Magnom said in a statement (pdf). The agreement was signed on the sidelines of the World Economic […]
Posted inPLANET FINANCE
Best start ever for bonds as nearly USD 600 bn in issuances flood global market
Global bond-sale bonanza rings in the year with a record start: Governments and companies issued USD 586 bn worth of bonds through to 18 January, making 2023 the busiest start to the year on record in the global bond market, Bloomberg reports. Issuers are taking advantage of a strong market rally which has seen bond […]
Posted inCALENDAR
JANUARY January: Fuel pricing committee meets to decide quarterly fuel prices. January: Infinity + Africa Finance Corporation to close acquisition of Lekela Power. 25 January (Wednesday): 25 January revolution anniversary / Police Day. 26 January-6 February (Thursday-Monday): Cairo International Book Fair, Egypt International Exhibition Center. 26 January (Thursday): President El Sisi will visit India as […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: B Investments has its eyes on healthcare, food and bev investments
Good afternoon, friends. It’s finally the end of what has been a very busy week. So busy, in fact, that we had a bit of a Freudian slip in yesterday’s edition of EnterprisePM, when we suggested that we’re entering a long weekend. Our apologies for the false hope. We do, however, have a long weekend […]