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As the Sahel summer winds down, the Red Sea is just getting started. Say hello to Somabay, a year-round seaside escape where tranquil waters, world-class diving, kitesurfing, golf, and wellness come together in one breathtaking destination. This September, it also hosts the ITF World Tennis Tour, bringing world-class tennis to the coast. Somabay is the […]
Author Archives: enterpriseam admin
Posted inDiplomacy
Trump to touch down in Sharm this week to finalize Gaza ceasefire agreement
El Sisi told US President Donald Trump that he deserves to win the Nobel Peace Prize for his role in the agreement
Posted inEconomy
S&P upgrades our sovereign credit rating for first time in seven years
The move reflects “international recognition of the country's unwavering commitment to reform and stability,” Finance Minister Ahmed Kouchouk told EnterpriseAM
Posted inEconomy
Inflation cools for fourth straight month in September to 11.7%
Analysts had been expecting a much greater fall in inflation
Posted inEnergy
Gov’t to revisit planned fuel price hikes following Gaza ceasefire
The ceasefire is expected to result in lower global oil prices, easing import costs, and a stronger EGP
Posted inEconomy
Current account deficit narrows to USD 15.4 bn in FY 2024-25
The non-oil trade deficit widened to USD 37.1 bn during the fiscal year
