MARK YOUR CALENDAR- ? Rap superstar Marwan Moussa is hosting an album launch party at Ghazala Bay’s Solaya Beach on Friday, 29 August. Join the rapper for an iconic live performance and themed beach party. Head to Ticketsmarché for tickets. HAPPENING THIS WEEK- Go off-script for a night of unscripted comedy with improv group Zay […]
Author Archives: enterpriseam admin
What the markets are doing on 26 August 2025
The EGX30 fell 1.3% at today’s close on turnover of EGP 6.1 bn (15.6% above the 90-day average). Local investors were the sole net buyers. The index is up 18.9% YTD. In the green: Beltone Holding (+2.3%), Rameda (+1.9%), and Qalaa Holdings (+1.4%). In the red: Misr Cement (-6.2%), Arabian Cement (-3.1%), and Fawry (-2.3%).
Meet Cherry Blossom Books’ Somaya Salama
Cherry Blossom Books is an independent Egyptian bookstore offering titles difficult to come by elsewhere
? AUGUST 26 August (Tuesday): Zay Mategy comedy show at CJC 610. 26 August (Tuesday): Adele tribute night at Room Art Space New Cairo. 28 August (Thursday): Ruby and Ramy Sabry at Tiatro Romano. 28-29 August (Thursday - Friday): Never Again at Rawabet Art Space. 29 August (Friday): Marwan Moussa album launch at Solaya Beach […]
The World Bank has financed 201 projects in Egypt
Good morning, all. In classic August fashion, it’s a pretty quiet morning here in Egypt with very little making headlines at home. In today’s issue we dive into a recent BMI report all about the country’s economic performance for the decade to come, upcoming changes to how solidarity contributions are calculated, and news of fresh […]
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.
Gov’t to change up how solidarity contributions are calculated
The contribution will be integrated into the new unified additional tax on net income
BMI sees growth accelerating to 4.7% this fiscal year
Egypt’s fiscal deficit is seen narrowing to 6.6% of GDP in FY 2025-26, and 6.1% in FY 2026-27
Arabia Developments to invest up to EGP 30 bn in hospitality sector
The developer wants to set up 2k hotel rooms and serviced apartments by 2029