El Sisi attended festivities at the Cathedral of the Nativity of Christ in the new administrative capital
Author Archives: enterpriseam admin
US reallocates USD 95 mn in military aid from Egypt to Lebanon
The decision is aimed at supporting Lebanon’s armed forces
Medlog to begin infrastructure work on Tenth of Ramadan dry port project this month following final contract signing
Medlog first inked an agreement with the government to develop the new dry port in August 2023
EUR stands to hit USD parity with the USD
The currency has slipped 7% since September
JANUARY 8 January (Wednesday): Trilateral summit between Cyprus, Greece, and Egypt in Cairo to focus on energy, regional security, economy, and technology 14 January (Tuesday): The 4th edition of the Egypt Economic Summit will take place. 15 January (Wednesday): Launch of Egypt’s first joint-stock ship waste management company in Port Said. 28 January (Tuesday): Nigeria […]
Yields on short-term gov’t debt fall as investors rush back into local debt
Good morning, folks. In an otherwise quiet day in local business and economy news, Lamees El Hadidi’s sit down with Finance Minister Ahmed Kouchouk and the government greenlighting wind farm projects are leading today’s issue of EnterpriseAM Egypt. We’ve got the rundown on these stories and more in the news well below. FROM THE DEBT […]
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. […]
Gov’t greenlights 252 MW wind power expansion at Gabal El Zeit
The wind farm has long been on the government’s privatization short list
Hassan Allam and ACWA Power get government approval for 1.1 GW Gulf of Suez wind farm
The wind farm’s 1.1 GW capacity will mark it as the largest wind project in both Africa and the Middle East