Unemployment was down 0.1 percentage point from the previous quarter as 342k more people entered the workforce
Author Archives: enterpriseam admin
Gov’t mulls fresh incentives to localize EV manufacturing
Authorities are reviewing a package that includes tax breaks, subsidies, and more
LMD to invest EGP 15 bn in Egypt this year
Some of the funds will go towards the newly-launched Being New Zayed project
Jameel Finance raises EGP 500 mn in securitized bond issuance
The issuance is part of a wider EGP 4 bn program
GB Corp, Palm Hills report 1Q earnings
GB Corp’s revenues rose 86.1% y-o-y to EGP 16.8 bn during 1Q 2025
El Sisi attends Baghdad Summit
All about El Sisi’s time in Baghdad: The nation’s talking heads had a lot of coverage for President Abdel Fattah El Sisi’s participation in the Arab Summit hosted in the Iraqi capital, Baghdad, on Saturday. El Sisi’s speech during the summit focused on Egypt’s positions on several regional issues — Palestine, Syria, Yemen, Libya, and […]
Hawass calls out claims of pillar structures under pyramids as “bull****” on the Joe Rogan Experience
Zahi Hawass made an appearance on the world’s most widely watched podcast. In a rare — and very welcome — break from the usual pyramidologists and conspiracy theorists invited on to Joe Rogan’s wildly popular podcast to talk about the Giza Pyramids and other ancient Egyptian monuments, former antiquities minister and actual archaeologist Zahi Hawass […]
AAIB inked EGP 150 mn financing agreement with MSMEDA
DEVELOPMENT FINANCE- AAIB backs SMEs in Egypt via EGP 150 mn facility: The Arab African International Bank (AAIB) inked a EGP 150 mn financing agreement with the Micro, Small, and Medium Enterprise Development Agency (MSMEDA) to on-lend small- and medium-sized projects across Egypt, according to a statement. SMEs — especially new ventures and women-led businesses […]