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The FinMin also intends to proceed with issuing its EGP-dominated sovereign sukuk in 2Q FY 2025-26
Author Archives: enterpriseam admin
Posted inAutomotive
Gov’t to limit Chinese EV imports to official agents
The move is part of a broader push to regulate the EV market and support local manufacturing
Posted inDiplomacy
Egypt, Vietnam want to boost trade to hit USD 1 bn
The two countries signed MoUs and pledged to deepen trade, investment, education, and tech collaboration
Posted inEARNINGS WATCH
Elsewedy Electric sees net income increase 2.1% in 2Q
Revenues jumped 12.3% y-o-y during the quarter
Posted inMoves
Egytrans taps Dina Adel as investor relations manager
PLUS- Raya Holding for Financial Investments appoints Marwa Hamza as new CHRO
Posted inAlso on our Radar
Foreign reserves increase to USD 49 bn in July
PLUS- McDonald's is planning to invest EGP 1 bn in the local market by the end of 2026
Posted inPLANET FINANCE
Wall Street warns pullback is coming, but says buy the dip
Pundits see a correction of 10-15% looming this quarter
Posted inCALENDAR
AUGUST 7 August (Thursday): Finance Ministry to begin disbursement of 50% of exporters’ pre-June 2024 dues over a four-year plan. 8 August (Friday): 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 […]
Posted inWHAT WE’RE TRACKING TONIGHT
Gov’t moves closer to simplifying tax system for investors
Good afternoon, friends, and happy almost-weekend. The news cycle seems to have picked up the pace just as we inch closer toward the weekend. THE BIG STORY TODAY The General Authority for Investment and Freezones has finalised its inventory of all the 2224 different fees faced by investors, a government source told EnterpriseAM. All 67 […]