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The additional 46.6% stake was acquired from Elsewedy Capital
Author Archives: enterpriseam admin
Posted inAutomotive
Al Mansour Auto, SAIC’s USD 135 mn MG manufacturing plant to go live in 2026
The factory is set to kick off production in 2Q 2026 will have a local component ratio exceeding 45%
Posted inDEBT WATCH
EFG Finance’s Bedaya issues EGP 1.8 bn in securitized bonds + Contact, Al Ahly Leasing close securitization rounds
The issuance included four tranches with tenors ranging from 13 to 81 months
Posted inAlso on our Radar
Klivvr to launch consumer finance arm
This comes after the fintech player received the green light from the FRA
Posted inPLANET FINANCE
Businesses are bracing for Trump tariffs with frontloading and price hikes
Companies are frontloading orders and shifting their supply chain from China to other countries
Posted inCALENDAR
2025 January: CBE to launch InstaPay remittances for Egyptians abroad February: Orascom Pyramids Entertainment to bring total investments in the Pyramids Plateau to EGP 1.5 bn 1 January (Wednesday): The minimum pension will increase to EGP 1.5k, and the maximum to EGP 11.6k 1 January (Wednesday): Launch of the urgent plan for the National Population […]
Posted inWHAT WE’RE TRACKING TONIGHT
Instapay won’t charge individuals transfer fees through March
Good afternoon folks, and welcome to your final PM edition for this calendar year. We have all the latest for you today on the Central Bank of Egypt’s decision to extend Instapay transfer fee exemptions through March, Eni’s postponement of planned drilling operations, and the secret behind Reddit’s recent stock market success. THE BIG STORY […]
Posted inFOR YOUR COMMUTE
Why do AI companies want Reddit’s data?
From struggling social media platform to a stock market favorite