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Somabay at ITB Berlin 2026. Where vision meets the Red Sea. Somabay returns to ITB Berlin 2026 with a destination that continues to move forward: purposefully, confidently, and with scale. Rooted in the Red Sea and shaped by a long-term vision, Somabay brings together iconic hospitality, championship sport, restorative wellness, and a fully integrated lifestyle […]
Author Archives: enterpriseam admin
Posted inThe Big Story Today
Economic impacts of the war on Iran mount as de facto closure of Hormuz risks sending oil toward the triple digits
Been there, bought the T-shirt: If nothing else, the actions of Egyptian policymakers yesterday made one thing clear: We’ve finally learned how to handle a crisis. A few short years ago, an event like the war in the Gulf would have seen quiet verbal instructions relayed by telephone to bankers to slow exit queues and […]
Posted inCATCH UP QUICK: WHAT’S THE STATE OF PLAY IN THE GULF?
Regional war day three: where do things stand?
A pause on flights to affected areas looks set to continue with Iranian drone and missile attacks targeting airports in the Gulf
Posted inPrivatization Watch
Government looks to transfer EgyptAlum, Heliopolis Housing, Abu Qir, Mopco, and others to the Sovereign Fund of Egypt
By consolidating companies under the fund, the government expects to secure higher-value partnerships than it would if it were to sell individual stakes in each firm,
Posted inA MESSAGE FROM VISA
From stablecoins to AI shopping: Top 2026 payments trends, part 1
Global commerce is entering a new phase defined by autonomous and intelligent payment systems. As we move into 2026, global commerce is shifting from manual transactions to autonomous, intelligent systems. Stablecoins have expanded beyond early-stage adoption, with blockchain increasingly used as infrastructure for cross-border payments, including more than USD 225 mn settled through Visa. This […]
Posted inEconomy
Interest payments jump 40.9% in 7M FY 2025-26, outpacing Egypt’s tax revenue
Tax revenues grew 31.4% y-o-y to EGP 1.4 tn by the end of January
Posted inAlso on our Radar
Egypt builds a state-backed shipping bridge to East Africa
Plus: Tamweely gets an EGP 250 mn boost for youth lending
Posted inPLANET FINANCE
Wall Street goes “haven first” as Middle East tensions rattle risk appetite
As tensions flare across the Middle East, investors are rotating into safe-haven assets like Treasuries, gold, and the CHF, ditching the reflex to buy the dip in equities, Bloomberg reports. The playbook is explicit: “Haven first, ask questions later,” said Natixis’ John Briggs, pointing to a larger-than-expected escalation. Meanwhile, Barclays strategists cautioned against rushing to […]