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The Industry Ministry is ramping up efforts to bring down cement prices
Author Archives: enterpriseam admin
Posted inDEBT WATCH
Valu kicks off EGP 10 bn securitization program with EGP 460.7 mn issuance
The issuance matures in 12 months
Posted inEARNINGS WATCH
Contact Financial’s net income dips 43% y-o-y in 2Q 2025
The company’s net income for 1H 2025 declined 17% y-o-y
Posted inEGYPT IN THE NEWS
CNN gets a firsthand look at Egypt’s stance on Gaza
In an exclusive interview while touring the Rafah crossing with CNN, Foreign Minister Badr Abdelatty reiterated that Egypt considers any mass displacement of Palestinians from Gaza a “red line” — warning that Cairo “will not accept it, will not participate in it, and will not allow it to happen.” Abdelatty said such a scenario would […]
Posted inAlso on our Radar
Apache wants to up gas production by 15%
PLUS- Egypt Gulf Elevators and Escalators plans to invest USD 30 mn in a new production line at its Obour City plant
Posted inPLANET FINANCE
MENA M&A activity picks up y-o-y in 1H despite 2Q slowdown -EY
Oil stability and infrastructure spending are set to underpin dealmaking this year
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 8-11 September (Monday-Thursday): EFG Hermes London Conference takes place in the […]
Posted inWHAT WE’RE TRACKING TONIGHT
Two Chinese smartphone makers probing opening up production in Egypt
Good afternoon, friends, and happy almost-weekend. The news cycle seems to be winding down as we approach the end of the workweek. THE BIG STORY TODAY- Two Chinese smartphone makers are probing opening up production in Egypt under six-month pilot investment, which will see HKEX-listed Coolpad and KXD invest EGP 100 mn in an experimental […]