Good morning, folks. We hope that those who celebrated Coptic Christmas enjoyed some meaningful time with their family and friends and are ready to get back at their desks to finish off the shorter-than-usual workweek. In today’s issue, we’ve got important economic data, a one-on-one interview with Egyptian Tax Authority head Rasha Abdel Aal, and […]
Author Archives: enterpriseam admin
Somabay Golf is leading the way in sustainable golf. Somabay Golf Course has become the first golf course in Egypt and one of only four in Africa to earn the prestigious GEO Certified® status. This global recognition highlights Somabay’s leadership in sustainability, with initiatives like solar-powered desalination, wastewater treatment, modern irrigation systems, and eco-friendly grass. […]
Net foreign assets dropped 35% to USD 6.0 bn in November
Driven by a sharp decline in foreign assets in commercial bank
Egypt’s non-oil private sector sees deepest slump in eight months during December
The contraction is driven by rising costs and subdued demand
Coffee With: Rasha Abdel Aal, Egyptian Tax Authority head
The first phase of the announced tax relief package will roll out in January
Aman Holding and Erada Microfinance close bond issuances with CI Capital
CI Capital spearheaded securitization deals for Contact Financial, GB Lease, Aman Consumer Finance, and Erada Microfinance
Egypt’s foreign reserves inch up USD 157 mn in December to USD 47.1 bn
Net foreign reserves have now increased month on month for 28 consecutive months