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The Sawiris family currently owns 77.5% of ODH through its holding company
Author Archives: enterpriseam admin
Posted inAutomotive
Gov’t to release 30k vehicles stuck at ports for those with disabilities
Cars will be released for individuals with valid medical approvals.
Posted inMoves
Beyti taps Chris Abboud as its new general manager
Abboud succeeds Mark Wyllie, who led the company over the past five years
Posted inAlso on our Radar
Halliburton could invest more in Egypt’s energy sector
The company is currently evaluating potential investments
Posted inPLANET FINANCE
M&A activity rebounds with USD 3.5 tn in transactions in 2024, ending two-year decline -Bain
The Middle East saw inbound and domestic M&A activity surge 88% y-o-y
Posted inCALENDAR
2024 DECEMBER 12-21 December (Thursday-Saturday): Turathna handicrafts and heritage exhibition, Egypt International Exhibitions Center, Cairo 17-18 December (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting. 22 December (Sunday): The Nahda University Economic Forum’s third edition is set to take place 22 December (Sunday): Waha Connect 2024, New Assiut Technology Park, Egypt 26 December (Thursday): […]
Posted inWHAT WE’RE TRACKING TONIGHT
Fitch’s BMI pushes up next fiscal year’s year growth forecast, pushes down current fiscal year projections
Good afternoon, friends, and happy almost-Friday. THE BIG STORY TODAY Fitch revises up our growth outlook for the next fiscal year: Fitch Solutions’ research unit BMI now sees growth accelerating to 5.1% in FY 2025-2026, up 0.4 percent points from their previous 4.7% projection, in its latest country risk report for Egypt. The decision was […]
Posted inFOR YOUR COMMUTE
OpenAI is on a spending spree
After raising USD 10 bn last year, the company spent most of it in just 18 months