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Good morning, ladies and gentlemen. We close out the week with another busy issue led by Capital Economics’ take on what the strengthening EGP could mean for the country’s GDP and account deficit. We also have some good news for our automotive localization efforts — Chinese tire giant Sailun will set up a USD 1 […]
Author Archives: enterpriseam admin
Posted inAdvertiser
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.
Posted inInvestment Watch
Sailun Group to invest USD 1 bn in Sokhna tire plant
The factory will be developed over the next three years, with the first phase set to go online in 2026
Posted inEconomy
Capital Economics sees EGP rally boosting GDP, narrowing current account gap
The EGP continued its rally against the greenback yesterday, hitting its highest level in over a year
Posted inReal estate
Evolving consumer preferences are creating both potential for growth and challenges for developers
Aqarmap’s Egypt Real Estate Trends 2025 report found that investment ranked as the primary motive for buying property
Posted inRETAIL
Home appliance distributors lower prices amid market stagnation and stronger EGP
Some household names were among those with sizable reductions, including Beko and El Araby Group
Posted inManufacturing
Steelmakers call for reimposing protective duties on imported iron ore billets
This wouldn’t be the first time protective duties have been put on billet imports, with a 15% duty imposed between 2019 and 2021
Posted inCabinet watch
Cabinet sets rules for Old Rent Law committees, greenlights new industrial land pricing
Cabinet greenlit amendments to customs and VAT exemptions on imported cars for individuals with disabilities
Posted inEARNINGS WATCH
Valu, Bonyan, Raya CX and more report earnings
Valu saw its net income jump 121% y-o-y during 2Q 2025 to EGP 217 mn