Author Archives: enterpriseam admin
Posted inEGP Watch
EGP strengthens against the USD following significant inflows
The EGP hit an eight-month high
Posted inCapital markets
Real estate + banking equities and incoming IPOs behind EGX30 hitting record high
The EGX30 index closed down 1.0% at the end of yesterday's trading session
Posted inEconomy
Current account deficit narrows to USD 13.2 bn in 9M 2024-25
The non-oil trade deficit widened to USD 28 bn during the nine-month period
Posted inInvestment Watch
Qantara West to host three new Chinese textile and garment factories worth USD 52.6 mn
Qantara West has become a hub for Chinese investment, now hosting 18 Chinese-led projects
Posted inStartup watch
Local fintech Flend raises USD 3 mn seed round to fund national expansion
The equity round was led by Egypt Ventures
Posted inAlso on our Radar
A new Egyptian-Saudi EGP 70 bn real estate project
PLUS- Swiss, French players eye therapeutic nutrition manufacturing in Egypt
Posted inPLANET FINANCE
Trump’s tariff blitz could choke China’s alternative exporting routes
Up to 70% of exports to the US could be hit as Trump targets transshipment