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Author Archives: enterpriseam admin
CBE resumes its easing cycle with 200 bps cut
Rates are now down a whole 525 bps since the bank began its easing cycle in April
Egypt, Qatar move to activate USD 7.5 bn investment package, sign new cooperation agreements
The investment package was first announced during President Abdel Fattah El Sisi’s visit to Qatar in April
CIRA moves closer to raising its stake in CAED + Raya Holding submits MTO to increase its stake in RCX
CIRA’s transaction is valued at EGP 80.8 mn, according to our math
GlobalCorp closes EGP 4.9 bn securitized bond issuances
The issuances include the company’s seventh leasing-backed bond and its first mortgage-backed issuance
3 dead and tens injured following train accident
It was a sombre night on the airwaves last night, with the nation’s talking heads covering a train accident that killed three and injured over a hundred. The train was enroute to Cairo from Marsa Matrouh when seven of its railcars went off track and two overturned for yet-to-be determined reasons. (Tap or click the […]
Int’l press zeroes in on Egypt’s big tourism wager
Egypt is betting on the Grand Egyptian Museum to boost tourism and FX inflows
Foreign firms to invest some USD 340 mn on oil and gas exploration
PLUS- Oil Ministry completed the drilling of the exploratory well North Lotus Deep-1 in the Western Desert
London’s IPO drought deepens as Frankfurt, Zürich pull ahead
Only three London IPOs have listed this year, raising just USD 208 mn versus USD 16.7 bn in 2021