Zater will take on a new role as vice chairman of the group’s board and board advisor
Author Archives: enterpriseam admin
Egypt officially rejects Lapid’s proposal
An official rejection of Lapid’s proposal: “Any proposals or suggestions that contradict Egypt’s and the Arab world’s stance — particularly on Egypt temporarily administering Gaza — are outright rejected and unacceptable,” Foreign Ministry spokesperson Tamim Khallaf said, according to Moussa (watch, runtime 2:17). His comments come in response to Israeli opposition leader Yair Lapid’s proposal […]
Naguib Sawiris calls for reconsideration of the gov’t’s mega-projects amid economic concerns
Sawiris noted Egyptian businesses’ shift toward setting up HQs in the UAE
Palm Hills will expand to Abu Dhabi
PLUS- Fawry acquires 51% of enterprise resource planning software company Dirac Systems
MENA’s private equity market is in for a year of cautious optimism
Saudi Arabia and the UAE were the region's leading PE markets last year
My Morning Routine: Shamel Aboul Fadl, executive chairman of Bonyan
“As a serial entrepreneur, I’ve always been drawn to setting up and investing in companies with strong potential”
FEBRUARY Orascom Pyramids Entertainment to bring total investments in the Pyramids Plateau to EGP 1.5 bn. MARCH 1-10 March (Saturday-Monday): Egypt will open electronic applications for 2.2k industrial land plots across 22 governorates 3 March (Monday): Central bank to publish foreign reserve data for February. 4 March (Tuesday): Egypt will host emergency Arab League summit […]
Madbouly inaugurates two new facilities in Ain Sokhna
Good afternoon all you wonderful people, and happy Thursday. We have another busy issue for you, with the latest on two new SCZone factory openings, extreme heat’s impact on your epigenetic age, and the increasingly large premium we’re paying for silence. THE BIG STORY TODAY Madbouly inaugurates new factory, factory expansion, in SCZone’s Sokhna Industrial […]