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Good morning, all. We hope you’re well caffeinated and ready for your first Ramadan workday. So, when do we eat? Maghrib prayers are at 5:55pm in the capital, and you’ll have until 4:52am tomorrow to hydrate and caffeinate ahead of fajr. REMEMBER- Ramadan hours kick in today. Banks and the EGX will move to their […]
Author Archives: enterpriseam admin
Posted inAdvertiser
Ramadan Kareem from Somabay. Wishing you a month filled with serenity, peacefulness, and joy with your loved ones.
Posted inEconomy
EBRD trims Egypt’s 2025 growth forecast
The EBRD now sees the economy growing at a 4.2% clip in 2025
Posted inManufacturing
Indian Flex PET inaugurates USD 175 mn PET resin factory in Sokhna — and much more from Madbouly’s day in Sokhna
AND- China’s Cady inaugurates USD 100 mn textile factory
Posted inEconomy
The lowdown on Egypt’s external debt obligations in 2025
Egypt’s external obligations are estimated to be around USD 55 bn between 2025 and the end of 2026
Posted inTax
Govt holds steady on tax policy as global rules evolve
The decision to keep tax policy stable stems from a desire to attract foreign investment
Posted inTrade
Egypt, Morocco work to resolve trade spat, boost economic cooperation
The two sides will work together to fast track Moroccan exports into Egypt
Posted inEARNINGS WATCH
GB Corp, CI Capital, Fawry, Telecom Egypt report 2024 earnings
Yet more companies are out with their financials for the previous year, with GB Corp, CI Capital, and Telecom Egypt out with their earnings for 2024. GB CORP SEES NET INCOME INCREASE BY MORE THAN 50% IN 2024- GB Corp’s net income rose 54.8% y-o-y in 2024 to EGP 2.9 bn, the company said in […]