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
Car prices fall up to 30% as the auto market corrects after years of overpricing
The variety of brands already in the market — and more models on the way — is also pushing companies to accept smaller margins to move cars
Local steelmakers invest in expanding production and boosting exports
The steel industry has been a key target of the state’s localization push
China’s Changzhou Ramada to invest USD 22.6 mn in Qantara West textile plant
The Qantara West Industrial Zone has attracted 32 projects so far
Edita, Orascom Development Egypt report 2Q, 1H 2025 earnings
Earnings for the the first half of the year are beginning to roll in, with Edita and Orascom Development Egypt becoming the latest to publish their financials for the period. EDITA SEES INCOME, REVENUES RISE IN 2Q- Snackmaker Edita Food Industries saw its net income increase 72.1% y-o-y to EGP 539.0 mn in 2Q 2025, […]
Oil Ministry readies Red Sea exploration tender following exits. PLUS: EFG Foundation, Sodic, Modern Sport FC
The ministry will also offer bidding companies incentives to encourage the exploration and drilling of unexplored areas
KSA once again leads the region’s IPO chart with 13 of the 14 IPOs in 2Q 2025 -EY
IPO activity in the region remains resilient, albeit cautious, amid ongoing geopolitical tensions
AUGUST 12 August (Tuesday): Egyptian Tax Authority deadline for pre-2020 tax dispute settlement requests. 12 August (Tuesday): Capmas expected to release unemployment data for 2Q 2025. 12 August (Tuesday): National Election Authority to announce Senate election results. 28 August (Thursday): Monetary Policy Committee meeting. Mid-August: Launch of electronic platform to register Old Rent Law tenants. […]