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The Somabay Endurance Festival returns for its 7th edition from Thursday, May 29 to Saturday, May 31, 2025, at the Red Sea. Organised by The TriFactory, the event features Super Sprint, Sprint, Olympic, Youth, 1K Kids, and 10K races—uniting athletes of all ages for a weekend of competition, fitness, and fun at Somabay.
Author Archives: enterpriseam admin
Posted inInvestment Watch
Ayman Soliman, Ihab Rizk’s Morpho Investments reaches USD 55 mn first close of its inaugural fund
Around 60% of the fund will be allocated to Egyptian companies
Posted inEnergy
When can we expect electricity prices to increase next?
The Electricity Ministry last hiked electricity prices in September
Posted inPOLL
Majority of analysts see CBE continuing its easing cycle this week -EnterpriseAM poll
Five of the eight experts we spoke to see the MPC cutting rates this week
Posted inEnergy
Regional energy players put in offers to supply us with LNG
Saudi Aramco, UAE’s Adnoc, Algeria’s Sonatrach, and QatarEnergy have submitted offers to EGAS
Posted inStartup watch
Thndr lands USD 15.7 mn to expand product offering
The round was led by global tech investor Prosus
Posted inManufacturing
Chinese firm GS Global to launch USD 15 mn garment factory in Qantara West
The factory will have an annual production capacity of 12 mn pieces, all of which will be exported
Posted inEARNINGS WATCH
Egypt Kuwait Holding, TMG, Raya report 1Q earnings
EKH saw its attributable net income increase 44% y-o-y in 1Q 2025