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Singh brings two decades of upstream oil and gas leadership across India, the UK, Norway, and Egypt
Author Archives: enterpriseam admin
Posted inLAST NIGHT’S TALK SHOWS
Local banks rush to cut rates on savings following interest rate cut
The nation’s talking heads are picking up on banks moving to cut rates on their saving products as they react to a new lower interest rate environment after the central bank cut rates by 225 bps last Thursday. Leading the charge was Kelma Akhira’s Lamees El Hadidi, who invited former Financial Regulatory Authority head Sherif […]
Posted inAlso on our Radar
Banque Misr backs the country’s first onshore private investment in public equity fund. PLUS: Arab Contractors + CSCEC, Oriental Industrial Projects
Its other backers include E-finance, CIB, Suez Canal Bank, Misr Life Ins., and Midbank
Posted inPLANET FINANCE
IMF cuts growth forecasts as tariffs hit global economy
The Fund cut its 2025 global growth forecast to 2.8%
Posted inCALENDAR
APRIL 27 April (Sunday): Deadline for applications to MINT Incubator's 3-month equity-free startup program with Alex Angels. 28-30 April (Monday-Wednesday): FDC Regional Digital Industry Summit will launch cybersecurity index. 30 April (Wednesday): Deadline for Australia Awards Scholarships applications. Mid-April: Egyptian trade delegation to promote investments during an official visit to Canada Business-to-business forum of Egyptian […]
Posted inWHAT WE’RE TRACKING TONIGHT
Local auto assemblers could be exempt from development fees
Good afternoon, friends, and welcome to the end of a condensed workweek. Today’s issue takes a look at the future of how manufacturing auto parts will be taxed, Trump’s softening stances, and cashflow guidelines set by industry titan Warren Buffett. THE BIG STORY TODAY- Gov’t mulls scrapping development fees on imported auto parts: The Finance […]
Posted inFOR YOUR COMMUTE
Should companies build monetary reserves in uncertain times?
While the S&P 500 and Apple had both retreated 9%, Berkshire flourished with a 10% gain and USD 334 bn in liquid assets