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OCI shareholders will swap their stock for roughly 97.8 mn Orascom shares at an exchange ratio of 0.46 Orascom share for each OCI share
Author Archives: enterpriseam admin
Posted inCoffee With
Customs Authority head Ahmad Amawi on customs reforms and trade movement -Part I
The government is currently reviewing amendments to the customs tariff system to better regulate the market
Posted inDEBT WATCH
EGX-listed Al Tawfeek Leasing wraps EGP 1.8 bn securitization issuance
Proceeds will be used to shore up the balance sheet and finance the company’s expansion pipeline
Posted inEGYPT IN THE NEWS
Egypt Defence Expo puts Egypt’s push to become a regional defense manufacturing hub in the spotlight
Local defense firm Amstone International Group signed contracts to supply at least three unnamed customers with its Jabbar kamikaze drones
Posted inAlso on our Radar
China’s Fountain Set eyes USD 100 mn textile project
PLUS- Abou Ghaly Motors wants to localize the manufacture of motorcycles
Posted inPLANET FINANCE
BIS flags bubble-like conditions in gold, US equities
The bank noted this is the first time in at least five decades that equities and gold have hit bubble indicators simultaneously
Posted inCALENDAR
DECEMBER 1-12 December (Monday-Friday): IMF mission for extended fund facility program reviews. 10 December (Wednesday): Capmas to release inflation data for November. 15 December (Monday): Neo Gen PropTech and Sustainable Smart Cities Conference, The St. Regis Hotel New Capital 25 December: (Thursday): Monetary Policy Committee meeting. EVENTS WITH NO SET DATE 2H 2025: Potential visit […]
Posted inWHAT WE’RE TRACKING TONIGHT
Inflation inches down in November against, defying expectations
Good afternoon, friends. The weather may be cooling down and the weekend may be fast-approaching, but that hasn’t stood in the way of the news cycle. Let’s dive in. PSA- Watch out for new phone hacking attempts: The National Telecom Regulatory Authority is warning that advanced cyberattacks are targeting smartphone users globally, including in Egypt, by […]