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Whether you’re diving into turquoise waters, catching the 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
Posted inEconomy
FinMin expects IMF reviews to wrap up this fall, unlocking USD 2.5 bn disbursement
The government could close 3-4 privatization agreements this fiscal year
Posted inDEBT WATCH
Egypt eyes USD 4 bn bond issuance to address funding gap
The government is weighing a mix of FX, EGP, and sukuk bonds to bridge the USD 11 bn funding gap
Posted inTax
Reforms to nearly double tax revenues in FY 2025-2026
The government is looking to secure an additional EGP 195.2 bn in tax revenues
Posted inA MESSAGE FROM SIXT EGYPT
Experience the perfect summer drive abroad
Summer is here and with it comes the need for smooth travel. Book your car rental in over 105 countries and pay in Egyptian Pounds! No exchange rate surprises or credit card limits to slow you down. Learn more at: SIXT | Outbound Service or call 17277.
Posted inEconomy
Diving deeper into the IMF’s forecasts for subsidies
The fund expects energy subsidies to come it at EGP 154 bn in FY 2025-26
Posted inTax
Gov’t considers customs on royalties for imported goods, services
The move is a part of an updated customs system
Posted inEconomy
Moody’s keeps our rating unchanged, but sees signs of improvement ahead
The agency sees potential for improvement as inflation eases and fiscal consolidation progresses
Posted inM&A WATCH
Egypt’s M&A engine roars through 1H, and it’s just getting started
Consumer finance is poised to lead the charge in 2H