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Author Archives: enterpriseam admin
Egypt reportedly rejects Lapid’s proposal for it to manage Gaza in exchange for debt relief
The latest Israeli proposal for post-war Gaza was met with Egyptian rejection: Israeli opposition leader Yair Lapid has proposed that Egypt manages Gaza’s security and civil administration under a UN-backed framework for up to 15 years in exchange for external debt relief. Speaking in Washington yesterday, Lapid proposed that Egypt coordinate with the US on […]
Getting to know Jetcar Kromh the Egyptian company that creates car-shaped jets
No your eyes are not deceiving you, that is a car on water. Egypt’s Jetcar Kromh has been producing car-shaped jets and exporting them to 70 countries, including the US, Canada, and Spain. In a video feature, Reuters interviews owner and founder Karim Amin to learn more about the project and how the jets get […]
PFI Asset management takes over the management of HDB money market fund
PLUS: Basata ups stake in MadfoatCom
JPMorgan reclassifies Qatar and Kuwait as developed markets
The UAE could be the next emerging market to be reclassified as a developed market
FEBRUARY 24-26 February (Monday-Wednesday): Sports Expo 2025, Egypt International Exhibition Center, Cairo. 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 […]
Gov’t mulling transferring all state-owned enterprises to Sovereign Fund of Egypt
Good afternoon folks, and happy Wednesday. We’ve got another busy issue for you today, with the main highlight news about big changes that may be coming to the administration of state-owned enterprises. THE BIG STORY TODAY #1- All state-owned companies could be under SFE? The Madbouly government is aiming to transfer administration of all state-owned […]
Reading the coffee grounds
Coffee lovers may have to face higher costs and potential changes in quality as climate change takes its toll