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Manufacturers are calling on the government to approve a 10% price hike or slash regulatory fees
Author Archives: enterpriseam admin
Posted inFOREIGN EXCHANGE
CBE reveals new regulatory framework for foreign exchange bureaus to combat money laundering, other illicit activity
Bureaus have six months to comply with the new framework
Posted inStartup watch
Intella raises USD 12.5 mn to scale its Arabic-first AI platform
The funding will help the startup launch new products, expand its team, and strengthen its technology
Posted inDEBT WATCH
EFG Finance’s Bedaya issues EGP 1.6 bn in securitized bonds
The issuance came in four tranches with tenors ranging from 13 to 82 months
Posted inMoves
Tarek Fayed officially named CEO of United Bank
The announcement confirms earlier unconfirmed reports
Posted inAlso on our Radar
EONS unveils New Cairo development with initial investments of EGP 10 bn
PLUS- CBE allows banks to establish service units outside traditional branches
Posted inPLANET FINANCE
Yields soar amid global bond rout, as concerns mount over the UK and France’s debt
In the UK, the 30-year gilt yield hit 5.72% while French 30-year debt yields are at their highest since 2009
Posted inCALENDAR
SEPTEMBER 1-3 September (Monday-Wednesday): Pharmaconex Exhibition, Egypt International Exhibition Center. 3 September (Wednesday): S&P Global to release PMI figures for August. 6-8 September (Saturday-Monday): Metal and Steel Exhibition, Egypt International Exhibition Center. 8-11 September (Monday-Thursday): The Egyptian-Tunisian Joint High Committee will take place. 8-11 September (Monday-Thursday): EFG Hermes London Conference takes place in the British […]
Posted inWHAT WE’RE TRACKING TONIGHT
Non-oil private sector activity contracts further in August
Good afternoon, friends, and congratulations on making it to the end of the week, even if it was a short one. We wish you a very happy long weekend and Mawlid in advance. **A QUICK PROGRAMMING NOTE- EnterprisePM is taking a publication holiday tomorrow in observance of the Prophet Muhammad’s birthday, and will be back […]