A new unified tax system and a digital platform will be introduced to reduce fees and speed up customs clearance
Author Archives: enterpriseam admin
CBE cuts rates for the first time since November 2020
The CBE indicated that the “sharp decline in annual headline inflation” in 1Q 2025 created “ample room for commencing the easing cycle.”
B Laban’s reopens in Saudi Arabia, and could follow suit in Egypt if it mends health and regulatory lapses
B Laban back in business — in Saudi, at least. Homegrown dessert chain B Laban is officially resuming operations in Saudi Arabia after all of its branches there were shut down last month due to suspected food safety violations, the company said in a statement. The news comes amid the chain’s continued closure in Egypt, […]
Saudi-owned Rakhaa wants to go public on EGX with 30% stake
Rakhaa has been in Egypt for 20 years and operates 24k feddans
The international press gears up for the official opening of the Grand Egyptian Museum
“There is perhaps no institution on earth whose opening has been as wildly anticipated, or as mind-bogglingly delayed, as the Grand Egyptian Museum,” the New York Times noted in a photo essay in its travel pages. Ahead of the museum’s official (and full) opening on 3 July, the paper noted — to the delight of […]
Chevron makes its Red Sea exit official. PLUS: Saudi Gold Refinery, Raya Holding, Ora Developers, Microsoft
Chevron said its resources will instead go towards its interests in Egypt’s Mediterranean
China's rare metals restrictions threaten car manufacturers
The controls now encompass seven heavy and medium rare earths