• Monday, 24 October 2022

    UAE investor snaps up 3% of Edita

    Emirati investment firm Rimco Investments acquired a 3.0% stake in Edita for EGP 192 mn in a transaction Thursday, Bloomberg Asharq reports, citing unnamed market participants. The Dubai-based company reportedly purchased 20 mn shares at EGP 9.60 per share. A...
  • Monday, 24 October 2022

    THIS MORNING: It’s Day 2 of the Egypt Economic Conference

    Good morning, friends. As those of you who tuned in yesterday know, we expect this week’s newsflow to be dominated by three major economic gatherings, including the Madbouly government’s Egypt Economic Conference (EEC) 2022; a joint economic conference with the...
  • Sunday, 23 October 2022

    A big earnings week in the US

    Earnings season is well and truly upon us, with major US firms including Amazon, Apple and Facebook parent Meta all set to report their 3Q results this week, the Wall Street Journal writes. Around a third of S&P 500 companies...
  • Sunday, 23 October 2022

    THIS MORNING: It’s economic conference week

    Good morning, wonderful people, and welcome to what promises to be a very busy week on the economic policy front as politicians, cabinet members and folks from industry associations gear up for three big events ahead of COP27.It starts today...
  • Thursday, 20 October 2022

    THIS MORNING: Two big conferences shaping our agendas next week

    Good morning, wonderful people. We hope the week has been kind to you and that you’re looking forward to a couple of days of downtime as much as we are. But first: We have packed issue on this final workday...
  • Wednesday, 19 October 2022

    PaySky brings Yalla to UAE next month

    Yalla Super App is heading to the Gulf: Digital payments firm PaySky plans to launch its payments superapp Yalla Super App in the UAE next month as part of its USD 50 mn expansion to several countries in the region,...
  • Thursday, 13 October 2022

    UAE eyes establishing logistics hub at an Egyptian airport

    The UAE reportedly wants to set up a logistics hub at one of our airports: A consortium that includes several unnamed Emirati companies is reportedly looking at establishing a large-scale logistics hub at an unspecified Egyptian airport, Al Mal reports,...
  • Wednesday, 12 October 2022

    Mediterranean powers are drawing new maritime maps and divvying up the oil + gas

    Israel and Lebanon have agreed on a “historic” maritime border demarcation agreement, which will have implications for natural gas reserves, AP reports US President Joe Biden as saying yesterday. The US-brokered agreement is expected to pave the way for both...
  • Tuesday, 11 October 2022

    THIS MORNING: No word out of DC of our IMF package yet

    Good morning, wonderful people, and happy hump day. Fresh inflation figures and new developments in the Capiter saga unfolding in Startup Land are dominating the newsflow this morning.THE BIG STORY here at home is another y-o-y acceleration in inflation in...

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.