APRIL 6-30 April (Sunday-Wednesday): More Than Just A Word art exhibit at Nout Gallery in Zamalek. 8-30 April (Tuesday-Wednesday): Faces of the Margin art exhibition. 9-14 April (Wednesday-Monday): Ici la Palestine event at the French Institute of Egypt. 15 April (Tuesday): The Secret Debate Club at Rawabet Art Space. 18 April (Friday): Massar Egbari concert […]
Author Archives: enterpriseam admin
Saudi projects to get the golden license treatment
Good morning, folks. Investments coming our way from the Gulf is once leading the local business news cycle — this time from Qatar. Also in today’s issue a new EGP 30 bn financing initiative offering industrial player 15% interest rates, a new big-ticket development courtesy of Majid Al Futtaim, and much, much, more. WEATHER- The […]
Easter in Somabay: A Festive Escape by the Red Sea Easter in Somabay is a vibrant celebration filled with fun for all ages. Families can enjoy beachside egg coloring, kids’ activities, and water adventures. The stunning beaches offer relaxation and watersports by day, while lively nightlife with music and parties takes over after sunset. Add […]
Qatar to work on USD 7.5 bn in new investments to Egypt
The package is expected to roll out soon
Gov’t kicks off EGP 30 bn financing initiative for industrial players
The program will offer an additional 2% cut for projects that introduce new industrial activities
Majid Al Futtaim launches EGP 15 bn Junction project in West Cairo
The mixed-use project will include 13 commercial and admin buildings and a 5-star hotel, and will be funded in-house, with unit delivery expected within five years.
Standard Chartered pushes back rate cut expectations — but sees a bigger May cut
The bank now expects the CBE to hold rates this week, forecasting a 200-bps cut in May as it warns of MENA spillovers from Trump’s trade war.
Raya Customer Experience more than doubles net income y-o-y in 2024
Raya Customer Experience (RCX) saw its net income more than double y-o-y to EGP 339.9 in FY 2024, the company said in its latest earnings release (pdf). The leading business process outsourcing company’s revenues also rose 29.6% y-o-y to EGP 2.5 bn during the same period. The breakdown: The company’s outsourcing business remains the largest […]