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AI + Innovation (MENA) 
Infrastructure 
CBE introduces new anti-money laundering rules for better cash flow monitoring
Banks will have a six-month window to implement the new measures
SMEs scramble to pay suppliers as credit card limits bite
From early-stage startups to agencies and professional services firms, it’s a slog to find ways of paying Google, Microsoft, and…
Got a new credit card this morning? You can’t use it for FX purchases for six months.
The move comes in response to a recent surge in credit card issuances
CBE holds interest rates steady for third consecutive meeting
The central bank expects a further decline in growth during the current fiscal year followed by a gradual recovery
Bad news in the Red Sea
Egypt faces mns in lost FX receipts — and businesses and consumers around the world will stare at spiraling prices
CBE leaves rates unchanged + UNSC passes Gaza resolution
Good morning, wonderful people. Welcome to the last full work week in 2023 (when did this happen?) — and Merry…
Central Bank of Egypt decides to hold rates
Good morning, wonderful people, and welcome to the final Enterprise Weekend Edition in 2023. The Weekend Edition will be off…
The decades-long correlation between fashion and the economy
The fashion industry is looking for 2-4% growth next year
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