Foreign outflows in the secondary market slowed to just USD 11.4 mn on Monday
Author Archives: enterpriseam admin
Industry Ministry pushes for 100k vehicles a year and 60% local content in an auto industry reboot
Proposed incentives include performance-based bonuses, extended support for EVs, and special rewards for companies that bring advanced tech into the market
Finance Ministry to launch new Citizen Bonds tranche next week
“The yield for the new tranche is still being studied in light of current market conditions and interest rate levels,” Finance Ministry Debt Advisor Mae Adel tells us
Fitch Ratings says Egyptian banks are well armed to weather Iran conflict fallout
Banks entered the current crisis in a much stronger position than during the early stages of the Russian invasion of Ukraine in 2022
Gov’t slashes factory pre-lease wait to one year in bid to revive idle production lines
Companies looking to sell their factories outright will still have to wait three years, with the Industry Ministry wary of the risk of disguised sales
Qualiphi looks to scale its Egypt + Gulf footprint with Career Club acquisition
Qualiphi acquires Career Club to build the region’s Arabic-first career platform Career services platform Qualiphi acquired Career Club from iCareer in a six-figure transaction to build the region’s first Arabic-first career services management ecosystem. This localized approach allows for deep customization to tackle regional hurdles, such as language barriers and a lack of soft skills, […]
Exactly how much retail money is pulling out of private credit? The Financial Times says it’s a lot…
Managers agreed to meet just 70% of USD 10.1 bn in redemption requests as retail money tested private credit’s liquidity pitch