Good morning, wonderful people, and welcome to the first full workweek of October. We hope the month to come is kind to us all. It’s just 48 hours until we kick-off this year’s edition of the EnterpriseAM Egypt Forum. Our must-attend gathering of senior business leaders begins at 8am sharp with our trademark standing breakfast […]
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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 […]
Central bank resumes rate cuts with 100 bps move
The committee said its decision “reflects its updated assessment of inflation dynamics and outlook”
Gov’t eases payment terms for North Coast and Cairo-Alexandria Desert Road land fees
Under the latest facilities, developers will be able to settle their down payment over a one-year period
SEKEM embarks on EGP 4.7 bn Toshka agricultural expansion plan
SEKEM is assessing the land ahead of cultivation, which it hopes to kick off in the current agricultural season
Sungrow breaks ground on USD 120 mn battery storage plant
PLUS- Sharkya Watanya for Food Security and Capital Agro will set up a USD 25 mn integrated food industrial and logistics complex
Net foreign assets dip to USD 17.9 bn in August
Commercial banks saw their net foreign assets’ surplus narrowing to USD 7.3 bn in August, from USD 10.0 bn a month earlier