Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Climate (MENA) 
Whether you’re diving into turquoise waters, catching golden hour from your terrace, or just letting time drift by — Somabay is summer, redefined. Your ultimate escape, every single time.
Author Archives: enterpriseam admin
Posted inEconomy
Remittances from Egyptians abroad hit record high of USD 36.5 bn in FY 24-25
On a monthly basis, remittances also hit the highest figure ever recorded for June, coming in at USD 3.6 bn
Posted inCustoms
Gov’t targets early 2026 for Nafeza air freight rollout
The pilot operation of the ACI tracker for air freight is set to run from September to December
Posted inInvestment Watch
Turkish, Chinese firms line up over USD 200 mn in local textile, tourism projects
China’s Everfar Textile Egypt is investing USD 130 mn to set up a textile and ready-made garments facility
Posted inAlso on our Radar
Zohr is getting a handful of new wells
PLUS- Egypt began training hundreds of Palestinians to form a new security force
Posted inPLANET FINANCE
Nvidia’s earnings out later today could make or break the AI trade
The AI giant ranks as the world’s most valuable company by market capitalization
Posted inCALENDAR
AUGUST 28 August (Thursday): Monetary Policy Committee meeting. Mid-August: Launch of electronic platform to register Old Rent Law tenants. Tourism Development Authority to waive late payment penalties for land purchases if full installments are paid Late-August: Deadline for cement factories to restart production. SEPTEMBER 1 September (Monday): New Labor Law comes into effect 1-3 September […]
Posted inWHAT WE’RE TRACKING TONIGHT
FinMin in talks with contractors to implement VAT amendments
Good afternoon, friends, and happy almost weekend. It’s a busy afternoon in the global press, with Trump’s trade war on India still in the spotlight. THE BIG STORY TODAY- The Finance Ministry has been meeting with contractors and real estate developers to finalize the executive regulations for the latest VAT amendments, government sources told EnterpriseAM. […]