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Author Archives: enterpriseam admin
Posted inLAST NIGHT’S TALK SHOWS
The Finance Ministry called in to the talkshows to clear up confusion around USD 2 bn facility reports
The Finance Ministry was in damage control on the airwaves last night, rebutting suggestions that it inked an additional and never-before-announced credit facility amounting to USD 2 bn. Representing the ministry was Assistant Finance Minister for Economic Affairs Sherine El Sharkawy, who called in to tell Lamees El Hadidi on Kelma Akhira to argue her […]
Posted inAlso on our Radar
Orascom Construction, Hassan Allam Construction, Elsewedy Electric’s Rowad near completion of USD 1 bn Tripoli Third Ring Road. PLUS: SIAC Construction, Al Amal Auto + Forthing, Ariston, Telecom Egypt + Cisco
The consortium will complete the project “very soon,” said Libyan Prime Minister Abdul Hamid Dbeibah
Posted inPLANET FINANCE
FDI growth continued in 2024, but uncertainty weighs on prospects for 2025
The Middle East attracted USD 70 bn in FDI in 2024
Posted inDiplomacy
Somali President Hassan Sheikh Mohamud’s Cairo visit sees Egypt-Somalia relations raised to strategic partnership
The two leaders signed agreements to elevate Egypt-Somalia relations to a strategic partnership and emphasized regional stability and bilateral collaboration
Posted inCALENDAR
JANUARY 23 January- 5 February (Thursday-Wednesday): Cairo International Book Fair, Egypt International Exhibitions Center, Cairo 28 January (Tuesday): Nigeria to inaugurate the USD 5 bn Africa Energy Bank in Abuja 28-29 January (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting. 29 January - 8 February (Wednesday-Saturday): Business Ya Shabab exhibition, Cairo Stadium Health Ministry […]
Posted inWHAT WE’RE TRACKING TONIGHT
Trump wants Egypt, Jordan to take in more displaced Palestinians
Good afternoon folks, and welcome to Sunday. Read on for all the latest as we kick off another chilly work week. THE BIG STORY TODAY Bonyan taps financial advisor ahead of planned IPO: Real estate investment firm Bonyan has appointed Baker Tilly as its independent financial advisor to determine the fair value of its shares […]
Posted inFOR YOUR COMMUTE
The AI game is changing
A Chinese AI lab that pulled off what many thought was impossible