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Author Archives: enterpriseam admin
BSH opens first African factory in Egypt with EUR 55 mn investment
Half of the factory’s output will be exported to Africa, the Middle East, and beyond
Tasaheel closes EGP 4.7 bn SME-focused securitization
This marks Egypt’s first securitization backed entirely by a portfolio of SMEs
Orange Egypt taps new CEO and managing director
Hesham Mahran (Linkedin) will take the helm as CEO and managing director of Orange Egypt starting 1 August, succeeding Yasser Shaker (Linkedin), according to a company statement. Mahran brings over 25 years of experience in the sector to the role, most recently serving as Orange Egypt’s chief business officer. ICYMI- Shaker was appointed as CEO […]
19 dead in Menoufia accident
It was a sombre night on the airwaves last night, with the nation’s talking heads covering the deadly accident in Menoufia on Friday — a truck crashed into a microbus — which resulted in 19 deaths. Pointing fingers: The accident raised questions regarding road safety in Egypt, with El Hekaya’s Amr Adib putting Transport Minister […]
El Attal Holding eyes expansion into Saudi Arabia, Oman
PLUS- Digital logistics platform Nowlun raised an additional USD 600k from Africa-focused VC Ingressive Capital
US markets hit record highs despite investor caution
Stocks rallied on easing geopolitical risks and trade deal hopes, but investors remain wary of Trump’s unpredictable policy style
JUNE MPs approveextension of tax dispute resolution window until 30 June 2025, with potential for further extension JULY 6-7 July (Sunday-Monday): Brics Summit, Rio de Janeiro 10 July (Thursday): Monetary Policy Committee’s fourth meeting 15-16 July (Tuesday-Wednesday): The Egypt Mining Forum. July: The first operational trail of Egypt-KSA electricity interconnection line Etihad Airways to launch […]
Israel ramps up natural gas exports to Egypt
Good afternoon, friends, and welcome to the start of another workweek. We hope you enjoyed your long weekend, and we’d like to remind you that we have another one coming right up. THE BIG STORY TODAY Israeli natural gas exports to Egypt have ramped to 650-750 mn cubic feet per day (mcf/d) starting this week, […]