Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
A big gas find in the EastMed: Chevron has discovered an offshore gas field in the Mediterranean estimated to hold 3.5 tn cubic feet of gas, a source tells MEES. The US energy giant made the finding drilling its first ever offshore well in Egypt at its Narges block off the coast of North Sinai, […]
Author Archives: enterpriseam admin
Posted inLEGISLATION WATCH
MPs give initial approval to Competition Act amendments
MPs give initial approval to new and improved Competition Act: The House of Representatives yesterday gave its initial approval on amendments to the 2005 Competition Act, which would grant the Egyptian Competition Authority (ECA) more power over M&As. What’s at stake: Introduced early last year by the government, the amendments would give the ECA the […]
Posted inA MESSAGE FROM HSBC
Growing internationally with Metito
Metito, a leading sustainability business, is able to unlock large scale circular water projects in MENA via sustainability-linked funding from HSBC: The world’s natural water resources are facing an unprecedented challenge. The global rate of water consumption has grown twice as fast as the world population in the last century, according to UN Water statistics. […]
Posted inLAST NIGHT’S TALK SHOWS
Opposition to e-invoicing among the self-employed is mounting
It was a packed evening on talk shows last night, as Kelma Akhira’s Lamees El Hadidi tried to understand the opposition of self-employed professionals to the Tax Authority’s e-invoicing system. REMEMBER- The Tax Authority is requiring self-employed professionals, including doctors, engineers, lawyers and artists to register on the e-invoicing system by 15 December. The Pharmacists’ […]
Posted inEGYPT IN THE NEWS
The global fashion press is still talking about Dior’s show at the Giza pyramids
Dior’s dramatic Pre-Fall Men 2023 runway show at the Giza pyramids complex is continuing to get attention in the international fashion press this morning: The event, which showcased the work of English menswear designer Kim Jones, featured 75 models trekking through the desert beside the pyramids, and drew high profile guests including Formula One driver […]
Posted inAlso on our Radar
Progress on golden licenses
CUSTOMS- New customs rules aim to clear backlogs at ports: The Customs Authority is obliging importers to submit import approvals from the General Authority for Freezones and Investment (GAFI) before they request an ACID number for their shipments, Al Borsa reports. Importers were previously able to apply for GAFI approval after receiving an ACID number […]
Posted inPLANET FINANCE
Aramco’s base oils subsidiary could raise up to USD 1.3 bn in its IPO in Riyadh
Aramco subsidiary could raise as much as USD 1.3 bn in its IPO: Saudi Aramco refining subsidiary Luberef commenced bookbuilding for its debut on the Saudi stock exchange at a price range of SAR 91-99 (USD 24.21-26.34) per share yesterday, the company said in a statement (pdf). Luberef will offer a 30% stake (c.50 mn […]
Posted inCALENDAR
NOVEMBER 20 November-18 December (Sunday-Sunday): 2022 Fifa World Cup, Qatar. DECEMBER 5-8 December (Monday-Thursday): QS Reimagine Education Awards and Conference, multiple locations. 5-7 December (Monday-Wednesday): Food Africa 2022 kicks off at Egypt International Exhibitions Center. 6 December (Tuesday): Enterprise Climate X Forum, Grand Egyptian Museum. 7 December (Wednesday): Euromoney Egypt 2022 conference 10 December (Saturday): […]