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As the Sahel summer winds down, the Red Sea is just getting started. Say hello to Somabay, a year-round seaside escape where tranquil waters, world-class diving, kitesurfing, golf, and wellness come together in one breathtaking destination. This September, it also hosts the ITF World Tennis Tour, bringing world-class tennis to the coast. Somabay is the […]
Author Archives: enterpriseam admin
Posted inM&A WATCH
Sawiris-backed Orascom Construction, OCI Global plan merger to form infrastructure and investment giant
The proposal would see Orascom absorb and delist OCI
Posted inIPO
Healthy could hit the EGX soon
The exact size of the stake to be offered will be determined once the company completes its studies
Posted inEnergy
Oil Ministry eyes USD 4 bn in investments this fiscal year
The ministry plans to offer up to 12 concessions
Posted inIndustry
Gov’t approves plan to reschedule industry’s debts to the Oil Ministry
Already requested debt repayments will be postponed until October
Posted inEconomy
Our human development progress is under pressure — but green jobs, digital work, and social protection reforms offer a path forward
Egypt is struggling to keep up with the human development needs of its fast-changing economy, according to the World Bank report Embracing and Shaping Change: Human Development for a Middle East and North Africa in Transition (pdf). While the country has improved access to education, healthcare, and social protection in recent years, per-capita spending on […]
Posted inEGYPT IN THE NEWS
El Sisi pardons activist Alaa Abdel Fattah
The decision to pardon activist Alaa Abdel Fattah is leading the conversation on Egypt in the international pages: President Abdel Fattah El Sisi has pardoned Egyptian-British activist Alaa Abdel Fattah, his lawyer Khaled Ali wrote on Facebook. Abdel Fattah was released in the early hours of the morning. The foreign press underlined the diplomatic weight […]