• Monday, 9 March 2020

    Egypt goes on diplomatic offensive to build Arab support for its GERD position

    Egypt goes on diplomatic offensive to build Arab support for its GERD position: Foreign Minister Sameh Shoukry travelled to Jordan and Iraq yesterday for high-level talks as part of a regional tour aimed at reinforcing regional support amid escalating tensions...
  • Monday, 9 March 2020

    Al Ahly Capital, UAE’s MBF Group to set up healthcare company in Egypt

    INVESTMENT WATCH- Al Ahly Capital, UAE’s MBF Group to set up healthcare company in Egypt: Al Ahly Capital Holding, the investment arm of the National Bank of Egypt (NBE), is looking to set up a company with the Emirati MBF...
  • Thursday, 5 March 2020

    Egypt in the News on 5 March 2020

    It’s a slow morning with no single story grabbing the attention of the foreign press.
  • Monday, 2 March 2020

    Delivery logistics company iMile to expand into Egypt following USD 10 mn pre-series A

    STARTUPWATCH - UAE logistics company iMile raises USD 10 mn pre-series A, eyes Egypt expansion: Dubai-based cash-on-delivery logistics company iMile has raised USD 10 mn in a pre-series A funding round, which the company will use to finance regional expansion...
  • Wednesday, 26 February 2020

    What we’re tracking on 26 February 2020

    Egypt is observing three official days of mourning after former president Hosni Mubarak passed away yesterday at age 91, Ittihadiya said in a statement. His funeral and burial will take place today, and the Mubarak family will be accepting condolences...
  • Tuesday, 18 February 2020

    What we’re tracking on 18 February 2020

    Apple will miss its revenue guidance for the current quarter thanks to the impact on global sales of the coronavirus, and there’s a chance that electronics players the world over will follow suit as stores stay closed, Chinese tourists stay...
  • Thursday, 13 February 2020

    HC Securities and Investment to make USD 25 mn direct acquisition in 1H2020

    M&A WATCH- HC Securities and Investment will acquire an undisclosed stake in an unnamed service company for USD 25 mn in 1H2020, CEO Hussein Shoukry told Reuters. Shoukry did not provide any further details and was not specific about what...
  • Thursday, 13 February 2020

    Dana Gas to make decision on Egypt asset sale by end of March

    M&A WATCH- Dana Gas to make decision on Egypt asset sale by end of March: Dana Gas received “numerous” bids for its Egypt assets in 2H2019 and is currently finalizing the technical and commercial evaluation ahead of making a final...
  • Tuesday, 11 February 2020

    Al Canal sugar factory to output 400k tonnes when production resumes in 2021

    Al Canal’s USD 1 bn Minya sugar factory will output over 400k tonnes of white sugar when production resumes in the 2021 season, CEO Eslam Salem told reporters, according to Reuters. Salem said that the factory will reach full capacity...

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.