Good morning, ladies and gentlemen. With only eight days left until we welcome the new year, it looks like we have hit the end-of-year news slowdown in local business news. PSA- WEATHER- It’s another cold day in Cairo, with a high of 20°C and a low of 12°C, according to our favorite weather app. It’s […]
Author Archives: enterpriseam admin
Countdown to Christmas Magic at Somabay This holiday season, Somabay transforms into a wonderland of joy, entertainment, and unforgettable moments. The Playpark Christmas Carnival, running from 19 December to 7 January, offers Christmas carnival games, shopping, and a delightful food experience wrapped in a festive atmosphere. Wyte Soma Beach Club promises an outstanding beach experience […]
CBE to keep rates unchanged on Thursday, analysts say
Most analysts expect the CBE to hold off on rate cuts until 1Q 2025 despite an unexpectedly large dip in November’s inflation reading
Unionaire Group plans USD 500 mn in investments in 2025
The uptick in investments comes as the company pivots toward the European export market
Egypt to ink agreements with Bahrain, UAE to cut customs clearance time
PLUS: The National Printing Company to make its EGX debut in 2H 2025
Chinese sovereign bond yields drop to their lowest since 2009 amid demand slowdown and as property market crisis enters fifth year
Developers in the country have defaulted on USD 130 bn bonds since the crisis began — including USD 15 bn in defaults this year alone
2024 DECEMBER 26 December (Thursday): Central Bank of Egypt’s Monetary Policy Committee meeting EVENTS WITH NO SET DATE End of 2024: The launch of the high-speed train line linking Ain Sokhna with Al Alamein City 2025 January: CBE to launch InstaPay remittances for Egyptians abroad February: Orascom Pyramids Entertainment to bring total investments in the […]