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It has been a tumultuous year in the global debt markets as central banks around the world have aggressively raised interest rates in response to the largest wave of inflation since the 1970s. Reacting to price growth spurred by Russia’s invasion of Ukraine in February and the impact of the covid-19 pandemic, the US Federal […]
Author Archives: enterpriseam admin
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
UAE’s Fintech Galaxy acquires Underlie + O7 gears up for a GCC expansion in 2023
STARTUPS- UAE-based open banking platform Fintech Galaxy has acquired Egyptian API provider Underlie for an undisclosed sum, according to a press release. The acquisition comes as part of the Emirati fintech’s expansion plans, capitalizing on Underlie’s local expertise to enter the Egyptian market, Fintech Galaxy Chairman Riyadh Al Zamil said in the statement. Underlie’s employees […]
Posted inPLANET FINANCE
Croatia gears up to adopt the EUR + Crypto mogul Sam Bankman-Fried’s former colleagues plead guilty on wire fraud charges
A couple of headlines worth your attention: Former colleagues of FTX mogul plead guilty: FTX’s former chief technology officer Gary Wang and ex-CEO of Alameda Research Caroline Ellison plead guilty in separate plea hearings on 19 December in FTX wire fraud charges, according to US attorney Samian Williams. (Washington Post) Croatia is gearing up for […]
Posted inCALENDAR
DECEMBER 31 December (Saturday): E-invoicing registration deadline. December: Egypt to expand Sudan electricity link capacity to 300 MW. JANUARY 2023 January: EGX-listed companies and non-bank lenders will submit ESG reports for the first time. January: Fuel pricing committee meets to decide quarterly fuel prices. January: Infinity + Africa Finance Corporation to close acquisition of Lekela […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: First filling begins for Elsewedy Electric-Arab Contractors Tanzania dam + Suez Canal’s Osama Rabie addresses questions on new Suez Canal fund
Happy THURSDAY, wonderful people. It’s been a mad rush of a week, but judging by the volume of out-of-office replies landing in our inboxes today, a number of you are taking some much-needed time off with which to end the year. *** We’re following your lead and will be taking an extended weekend ourselves. EnterpriseAM […]
Posted inFOR YOUR COMMUTE
Sports fans’ behaviors — and physiology — can change with their teams’ performance + Global media had a rough year
Our affiliation with sports teams is just another ego-boosting mechanism: Sports fans are more likely to brag about their team and wear clothing or accessories with the team’s logo or colors — to clearly assert affiliation with the team — when their team lands a victory, studies have shown. That likelihood of displaying affiliation drops […]