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Somabay Sports Arena steps up as a leading sports destination by welcoming new partnership with S Tennis Academy and expanding its partnership with Oneflow to manage Football Courts and the Aquatics Center. With global training camps, elite facilities, and stunning surroundings, Somabay continues to shape the future of sports tourism on the Red Sea.
Author Archives: enterpriseam admin
Posted inEconomy
Non-oil private sector activity slips further into the red in April
The headline figure fell 0.7 percentage points to 48.5 in April
Posted inTax
A look into the gov’t’s targeted revenues from the planned stamp tax on EGX transactions
The Finance Ministry is looking to collect some EGP 722 mn from the incoming stamp tax
Posted inEconomy
Foreign reserves increase by USD 387 mn in April to USD 48.1 bn
Net foreign reserves have increased by USD 12.8 bn since the Ras El Hekma agreement and EGP float
Posted inEnergy
Scatec breaks ground on Obelisk solar and battery storage project
The project will be built in two phases and will be fully operational in the second half of 2026
Posted inDEBT WATCH
Hassan Allam Construction lines up EGP 2.8 bn in maiden musharaka sukuk sale
Proceeds will finance Hassan Allam Construction’s Bab Misr project
Posted inLAST NIGHT’S TALK SHOWS
Gold investment funds and policy coordination dominate the airwaves
Beware, unlicensed investment channels: In a refreshing break from the Old Rent Law, the nation’s talking heads shifted their attention to the Financial Regulatory Authority’s latest statement warning people against unlicensed investment schemes. Masa’a DMC interviewed FRA Head Mohamed Farid (watch, runtime: 11:39), who explained that there are only three licensed gold investment funds on […]