🗓️ MARCH 19-23 March: (Thursday-Monday): Eid El Fitr public holiday. 21 March (Saturday): Saad El Oud at CJC 610. 22 March (Sunday): Burna Boy at Festival Plaza, El Gouna. 22 March (Sunday): Zarf Tarek Gedan at Heliopolis Library Theater. 22 March (Sunday): Disco Arabesquo and The Stallion live at Sobar, Somabay. 26-29 March (Thursday-Sunday): D5 […]
Author Archives: enterpriseam admin
Egypt freezes electricity prices — for now
Good morning, folks. We are one day closer to the Eid break, but the news cycle isn’t showing any signs of slowing down. We lead today’s issue with an exclusive that the government is looking into increasing its budget for public sector wages to beyond the EGP 700 bn mark, in a move we believe […]
Art. Sound. Movement. This month, Somabay welcomes NoArt for a night where sound, art, and energy converge by the Red Sea. With a global lineup featuring ANOTR, Bella, Chloé Caillet, Chris Stussy, Job Jobse, Palms Trax, and Misty, the Bay transforms into an open-air stage where music moves freely from sunset into the night. A […]
Egypt weighs minimum wage hike to EGP 10k to counter anticipated inflationary pressures from war
The private sector could also see the minimum wage rise to EGP 8k
Egypt waives backdated property tax on unregistered units
The move is part of a broader facilitation package approved by the House
Egypt is emerging as a key gateway for trade flows
Red Sea ports are experiencing significant pressure amid a surge in sea-to-land transit routes
Record FDI inflows mask stalling productivity and job growth across Egypt’s economy
For every USD 1 bn of greenfield FDI coming our way, only 1.1k jobs are created
Sherif Elbehery to head NBE’s UAE operations
The state-owned lender is looking into acquiring the necessary licensing to offer a full-fledged investment banking experience