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Auto sales fell 4.9% m-o-m in July to 15.6k units
Author Archives: enterpriseam admin
Posted inBanking
Egyptians among 1k wealthy clients facing discontinued service from HSBC’s Swiss private bank
The bank is reportedly looking to lower its exposure to high-risk clients
Posted inLAST NIGHT’S TALK SHOWS
Last Night’s Talk Shows on the British Embassy in Cairo closing its doors
The British Embassy in Cairo has closed its doors after the security barriers outside the building in Garden City were removed by Egyptian authorities, the embassy wrote in a statement. It will remain closed “while the impact of these changes is reviewed.” Until then, emergency consular assistance will be available through its hotline and pre-booked […]
Posted inAlso on our Radar
SA International to invest EGP 500 mn on new Alexandria factory
INVESTMENT WATCH- Oil and gas inspection and NDT services provider SA International plans to invest EGP 500 mn to build a new factory in Alexandria, Al Borsa reports, citing General Manager Abdullah El Sayyad. The facility will manufacture spare parts and equipment for petroleum inspection operations, targeting to meet about 10% of local demand in […]
Posted inPLANET FINANCE
Domestic money powers China rally as overseas investors hold back
The CSI 300 benchmark has climbed 14.3% YTD
Posted inCALENDAR
SEPTEMBER 1 September (Monday): New Labor Law comes into effect. 1-3 September (Monday-Wednesday): Pharmaconex Exhibition, Egypt International Exhibition Center. 3 September (Wednesday): S&P Global to release PMI figures for August. 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 capital. 9-11 […]
Posted inWHAT WE’RE TRACKING TONIGHT
Incoming updates to Red Sea land use and investment rules
Good afternoon, friends, and congratulations on making it to the halfway mark of a (now officially) shorter-than-usual workweek, with the Labor Ministry confirming Thursday, 4 September a holiday in commemoration of the Prophet Muhammad’s birthday. THE BIG STORY TODAY- The government is preparing new rules for land use and investment along the Red Sea, Asharq […]
Posted inFOR YOUR COMMUTE
The Easy Apply myth
Piling résumés are overwhelming HR departments and leaving many job seekers on read