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Author Archives: enterpriseam admin
Posted inInvestment Watch
Orient Tours to invest USD 200 mn in the tourism sector
The expansion plan covers hotel renovations, Nile cruise upgrades, and a new water park
Posted inTaxation
No more extensions for pre-2020 tax dispute settlement deadline
The first tax facilities initiative received a total of 113.5k applications as of June 19
Posted inAlso on our Radar
Thndr joins the ADX as its first remote retail trading member. PLUS: Flat6Labs + F6 Ventures + F6 Group, Start IT, B Healthcare Investments, Elamir Group, Al Ahly Sabbour, Marakez
The move will allow more than 4 mn users on Thndr to trade ADX-listed stocks and ETFs directly via its mobile platform
Posted inPLANET FINANCE
European earnings falter in 2Q as US counterparts power ahead
More than 80% of Stoxx 600 companies flagged currency fluctuations as a drag on their earnings.
Posted inDiplomacy
Israeli plan to take full military control of Gaza sparks diplomatic backlash from Egypt
Egyptian officials and statements continued to call out Israel’s actions as a genocide
Posted inCALENDAR
AUGUST 10 August (Sunday): Capmas expected to release inflation data for July. 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. […]
Posted inWHAT WE’RE TRACKING TONIGHT
Inflation cools for second consecutive month, hitting 13.9% in July
Good afternoon, friends, and welcome to the start of another workweek. It’s a calm day on the news front, and at home, we’re celebrating a cooling inflation rate. THE BIG STORY TODAY- Annual headline urban inflation cooled further for the second consecutive month to hit 13.9% in July, down from 14.9% in June, boosted by […]