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The Opening of The Kaktus Hotel marks a new destination in Somabay, inspired by active lifestyle and culinary destination offerings. The Kaktus has finally bloomed on the Red Sea. #Lovesomalivekaktus
Author Archives: enterpriseam admin
Posted inPrivatization
Gov’t to expand privatization program, aims to breathe life into EGX with listings
The new additions to the list will target key sectors like energy, telecoms, ins., and airports
Posted inBanking
CBE reportedly fines FAB Misr and other banks over loan violations
If confirmed, FABMisr’s EGP 1 bn fine would be the largest ever imposed on a bank in Egypt
Posted inManufacturing
Kemet, Emirati-Chinese Al Qalaa Red Flag to invest USD 3.5 bn in three SCZone plants
PLUS- Al Ahram Chemicals and Resins will invest USD 10 mn into an industrial complex to produce formaldehyde and its derivatives
Posted inEGP Watch
The EGP remains an appealing carry trade
The EGP offers an attractive nominal yield of 19% annualized over three months
Posted inEnergy
What US sanctions against Russia’s Rosneft and Lukoil mean for us
Both companies hold stakes in some of the country’s biggest wells
Posted inKudos
Three Egyptian projects make the cut in OceanLove’s 2025 global ocean innovation selection
Three Egyptian projects are among the 10 finalists for the 2025 OceanLoveInnovation Award, the world’s largest and most inclusive contest for ocean conservation innovation, OceanLove said in a statement (pdf). Organized by the global nonprofit OceanLove, this year’s edition drew a record 260 submissions from 64 countries, more than triple last year’s total. Among the […]