🗓️ MARCH 24 February - 14 March (Tuesday-Saturday): Ramadan Premium Market at the Arena, Cairo West. 28 February - 11 March (Saturday-Wednesday): Qahrawya Iftours. 9 March (Monday): Layalina Tent at Mohamed Ali Palace. 9-16 March (Monday-Monday): Hakawy El Kahera Tent at the Citadel. 12 March (Thursday): Ramadan program at the Multicultural and Artistic Space at […]
Author Archives: enterpriseam admin
Israeli gas exports begin returning to Egypt following pre-emptive field closures
Good morning, friends. As the war in the Gulf enters its second week with little to no signs of abating, the government’s privatization push seems to be undeterred by the economic uncertainty, forging ahead with the long-awaited IPO of Banque du Caire and a USD 416 mn exit from the Gabal El Zeit wind farm. […]
Art. Sound. Movement. This month, Somabay welcomes NoArt for a night where sound, art, and energy converge by the Red Sea. With a global lineup featuring ANOTR, Bella, Chloé Caillet, Chris Stussy, Job Jobse, Palms Trax, and Misty, the Bay transforms into an open-air stage where music moves freely from sunset into the night. A […]
Egypt prepares to offer a 40% stake in Banque du Caire as early as April
Amid global market uncertainty from the war on Iran, the government seems to be signaling that its commitment to reform is non-negotiable
EGP holds at 50 despite USD 1 bn in exits on Thursday
The USD held firm just above the EGP 50 mark as banks closed on Thursday for the weekend, capping a day that saw investors sell down debt and equity positions worth nearly USD 1 bn, a senior banker tells EnterpriseAM. The scale of outflows on Thursday was considerably larger than the week’s average and nearly […]
Farid vows to fix bottlenecks, digitize procedures, and step back from corporate decisions
A new VC Fund to close the startup growth-capital gap
Transport Ministry moves to claw back land value gains with LRT betterment fees
Chinese loans of USD 345 mn and an EGP 1 bn betterment fee will lay down LRT tracks to Central Capital Station
Gabal El Zeit deal nears finish line with USD 416 mn valuation
Final signatures are expected later this month
Rising import costs are squeezing Egypt’s pharma industry
Production costs could climb by 30% over the next three months if exchange rate pressures remain