🗓️ MAY 11 May (Monday): Beyond Monet: The Immersive Experience at District 5. 12 May (Tuesday): Wael Jassar with Mahmoud Saad at Falaki Theatre. 13 May (Wednesday): Man3n lel Ehrag with Abdelrahman Mohamed at Theatro Arkan. 14 May (Thursday): Disco Misr at The Village. 14 May (Thursday): Riham Abdel Ghafour with Mahmoud Saad at Falaki […]
Author Archives: enterpriseam admin
Energy giants pledge USD 19 bn to our petroleum sector
Good morning, wonderful people. We’re back from the extended holiday with an issue packed with positive headlines. The World Bank just signed off on USD 1 bn in concessional financing under the second phase of its Growth program, tied to structural reforms. We have welcome news for our wallets — inflation has cooled. April’s urban […]
The Anantara x Somabay Strategic Partnership signing ceremony marked a key milestone for Somabay, as Somabay Hotel Company S.A.E officially signed its agreement with Minor Hotels to bring a luxury Anantara-branded resort and residences to the destination. The ceremony underscored Somabay’s continued growth and long-term vision to position itself as a globally recognized luxury lifestyle […]
World Bank greenlights USD 1 bn in concessional financing
The World Bank Group approved USD 1 bn in concessional financing for Egypt under the second phase of its Growth program, tied to structural reforms targeting state ownership, debt markets, and private-sector mobilization, it said in a statement (pdf). The package includes USD 800 mn from the World Bank and a USD 200 mn credit […]
Inflation unexpectedly cools, putting rate-cut cycle back in play
The first fall in the headline rate in three months came despite a consensus that the war would continue to push prices up
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls VAT for key industries, and taxes white cement for the first time
Qalaa Holdings preps river transport subsidiary NRPM for EGX listing
PLUS: Real estate developer Al Ahly Sabbour parks IPO listing
Trafigura takes minority stake in Egyptalum smelter expansion
The expansion will carry an investment ticket of USD 750-900 mn and doubles the Naga Hammadi complex’s capacity