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The investment will bring the company’s total commitments in Egypt to USD 2 bn
Author Archives: enterpriseam admin
Posted inEXPANSION
Iconic bakery brand TBS to set up shop in Saudi Arabia
The factory will produce baked goods, with the first phase slated to kick off in 2026
Posted inEnergy
Energean’s USD 945 mn asset sale to Carlyle is at risk of termination
Regulatory approvals have yet to be secured ahead of the sale’s 20 March deadline
Posted inEARNINGS WATCH
Banque du Caire saw net income jump 86% in 2024
AND- Emirates NBD tapped Matouk Bassiouny & Hennawy as counsel for its potential acquisition of BdC
Posted inMoves
GlobalCorp taps Ahmed El Tobgy as CEO of leasing
El Tobgy has over 37 years of experience in banking and business development
Posted inAlso on our Radar
AliExpress expands local payment options to include Egypt
PLUS- Arabian Cement to purchase clean energy from IRSC
Posted inPLANET FINANCE
Brewing trade war to weigh on global growth, OECD says
It also sees inflation coming in higher than previously forecast