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Good morning, wonderful people. We’re doing a lot of “reading of coffee grounds” this morning on what is otherwise a fairly milquetoast news day: The economy took center stage as the PM addressed parliament yesterday — and the two biggest banks in the land unexpectedly hiked interest rates on three-year certificates of deposit. Up first: […]
Author Archives: enterpriseam admin
Posted inAdvertiser
From 7–9 May, the Somabay Endurance Festival returns to the Red Sea for Egypt’s leading multi-sport challenge, where swimming, cycling, and running meet one of the region’s most iconic coastal destinations. This year also introduces a new racing venue and enhanced endurance course experience, elevating the competition and athlete journey even further. In partnership with […]
Posted inThe Big Story Today
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125 bps
Posted inInvestment Watch
B Investments enters higher education with EGP 560 mn EUE investment
Higher education is “an underserved market with attractive market dynamics,” says Head of Investor Relations Omar Altmann
Posted inEducation
AUC’s Onsi Sawiris named Africa’s top business school by Eduniversal
The school is awarded the Five Palmes of Excellence Emeritus Award after retaining international recognition for over a decade
Posted inEconomy
World Bank sees Egypt’s budget deficit widening to 7.6% of GDP in FY 2025-26 as interest payments squeeze fiscal space
Inflation is forecast to ease to 13.6% in 2026
Posted inAlso on our Radar
A15 sells Viral Wave to Reservoir partner PopArabia
Plus: AI-native books platform Sinai.ai raises EGP 75 mn in a pre-seed round