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Another TMG megaproject: Talaat Moustafa Group (TMG) announced plans to build an EGP 1.4 tn (c. USD 27 bn) mixed-use city in New Cairo’s Madinaty, called The Spine, according to a press release (pdf). The project is expected to generate some EGP 1.7 tn in sales. The details: The Spine will house 165 residential, business, […]
Author Archives: enterpriseam admin
Posted inDEBT WATCH
Banque Misr kicks EGP 2.7 bn for Mansour Group’s vehicle assembly plant
The 126k sqm facility will begin operations in 1Q 2027
Posted inInvestment Watch
Ora Developers doubles the land mass for its UAE Bayn project
Once the project wraps up, Ora Developers’ investment in the UAE will amount to a total of AED 30 bn.
Posted inAlso on our Radar
Three more investment tickets worth USD 25.6 mn for the SCZone
Two of the plants are slated to come online as early as 2027
Posted inPLANET FINANCE
Markets seem to discount war-related risk with record rallies
Stocks around the world are rallying, but policymakers think markets are discounting the economic fallout of the war
Posted inCALENDAR
2026 APRIL 25 April (Saturday): Sinai Liberation Day. MAY 1 May (Friday): Labor Day. 21 May (Thursday): Monetary Policy Committee’s third meeting of 2026. 27-29 May (Wednesday-Friday): Eid El Adha (TBC). JUNE 15 June (Monday): Seventh review of the IMF’s Extended Fund Facility 30 June (Tuesday): National holiday in observance of the June 30 Revolution […]
Posted inWHAT WE’RE TRACKING TONIGHT
Iran warns of no compromise in US ceasefire talks as Hormuz standoff deepens
👋 Good afternoon, folks, and welcome to the start of a new — and this time, full — workweek. We’ve got a somewhat packed issue for you this afternoon, but one we hope will fly by. We take a look at how regional tensions are impacting Egypt’s fertilizer sector, tune in to a podcast all […]