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From October 12–16, Somabay hosted the Somabay World Cup for the first time in Egypt, welcoming 173 participants from 19 countries to its signature Red Sea course. The tournament spotlighted Egypt’s growing presence on the global golf map, set against Somabay’s year-round sunshine, luxury resorts, and world-class sports and leisure scene.
Author Archives: enterpriseam admin
Posted inDEBT WATCH
IFC to issue EGP 100 bn worth of EGP-denominated bonds as early as 2025
The IFC will list the bonds on the EGX before on-lending the proceeds to local private players
Posted inEnergy
Oil Ministry unveils USD 5.7 bn plan to drill hundreds of exploration wells
ALSO- Petrochemical exports are planned to increase to USD 4.2 bn by 2030
Posted inManufacturing
Gov’t grants new exemption periods from delay penalties and fees for under-construction factories
The exemption period will come into effect once approved
Posted inStartup watch
Local startups need unified laws, faster licensing, and early-stage funding to unlock growth, says Entlaq
Entlaq’s entrepreneurship diagnostics report calls for a policy overhaul to address regulatory overlap, gender gaps, and capital centralization
Posted inDEBT WATCH
B.TECH closes EGP 1.5 bn securitization
This marks the first issuance under Capital Securitization Company’s 14th program worth EGP 10 bn
Posted inMoves
Odin’s Hashem El Sayed appointed assistant PM, head of state-owned companies cabinet unit
El Sayed will serve a four-year renewable term