The Enterprise Company’s Post

Emirates Development Bank Wins International Finance Award for 'Best Regional Development Bank' #UAE #EDBUAE #InternationalFinance Emirates Development Bank (EDB) International Finance Magazine

IFC - International Finance Corporation has signed an agreement to become the Iraqi government’s transaction advisor for a public-private partnership (PPP) project to rehabilitate, expand, finance, operate, and maintain Baghdad International Airport. To learn more about the latest business news and trends from Egypt and the region, subscribe to the Enterprise newsletter here: https://enterprise.news #Enterprise #EnterpriseNews #Iraq #BaghdadAirport

We are very glad of our participation in the long-awaited Global Trade Review (GTR) Egypt 2023 in Cairo.   Along with AW Holding representatives: Adham Ayman Amer, our International Relations Officer and Kareem Ehab Samy, the Business Development Executive, over 700 delegates attended to hear from 30 industry experts representing all manner of industries and sectors to reflect on the latest developments across the vibrant world of Egyptian trade and export finance.   Some interested topics were discussed, such as:   🗨️ Realizing potential – how can Egypt assert its position as a trade gateway? 🗨️ #Corporate challenges, headwinds and the need for resilience. 🗨️ Reinforcing Egypt’s trade financing capabilities. 🗨️ Shockwaves, #supplychains and security – priorities for trading companies. 🗨️ Enhancing cooperation – projects, #exportcredit and the whole supply chain. 🗨️ Next generation trade and #supplychainfinance – tracking Egypt’s digital journey.   We are delighted of the networking and exchanging the most recent economic updates in the region and the country, especially the role of #creditmanagement and #debtcollection in bolstering the Egyptian economy.   Check out our previous events: https://bit.ly/3s16FkH   #AWEgypt #AWCBC #GTR

Egypt is in talks with an unnamed Emirati bank to finance wheat purchases from Kazakhstan. The value and terms of the loan as well as the amount and price of the wheat purchase it would cover are yet to be determined.  To learn more about the latest business news and trends from Egypt and the region, subscribe to the Enterprise newsletter from here: https://lnkd.in/d3JjreV5 #Enterprise #EnterpriseNews #Food #Commodities #Wheat #EgyptUAE #UAE

Tensions in the Red Sea spill over into conflict, the US and the UK with support from other countries carried out airstrikes on Houthi facilities across Yemen on Thursday after repeated attacks by Houthi fighters on commercial vessels crossing the Red Sea in recent weeks. The Houthis have vowed retaliation, and Egypt warns of regional escalation.  Suez Canal revenues since the beginning of 2024 have been plummeting by 40% y-o-y, according to the Suez Canal Authority head. It looks like things are going to get worse before they get better. Shipping rates have doubled and tensions in the Red Sea rise following the Houthis ‘mistakenly’ targeting an oil tanker.  Enterprise AM goes in detail about the possible outcomes. For more info click here: https://lnkd.in/dPYKyqGd  You can subscribe to all Enterprise publications for free here: https://lnkd.in/dqMGyKg9   #EnterpriseAM #SuezCanal #RedSea #MiddleEast #Yemen #Houthis #Strikes  

International Monetary Fund chief Kristalina Georgieva thinks Egypt and the region will suffer an economic hit if there is a prolonged conflict in Gaza. This comes at a time when growth is slow, interest rates are high, and the cost of servicing debt has increased. The conflict is already battering the economies of nearby countries, leading to a decline in tourism in Egypt, Jordan, and Lebanon, and driving up the price of US dollars on the parallel market in Egypt.   For the full story, click here: https://lnkd.in/ddWUNBTW  You can subscribe to all Enterprise publications for free here: https://lnkd.in/dqMGyKg9  #Enterprise #EnterpriseNews #WarWatch #Economy #Egypt #MiddleEast #MENA #IMF #KristalinaGeorgieva #Palestine #Gaza #Israel #US #MiddleEastPolitics #Egypt-IsraelRelations #Israel-PalestineConflict