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The EGX30 rose 0.2% at today’s close on turnover of EGP 6.6 bn (75% above the 90-day average). International investors were the sole net buyers. The index is up 23.6% YTD. In the green: Emaar Misr (+5.0%), Beltone Holding (+3.9%), and TMG Holding (+3.9%). In the red: ADIB (-2.4%), Elsewedy Electric (-2.4%), and Juhayna (-2.4%).
Author Archives: enterpriseam admin
Posted inTECHNOLOGY
Do you accept these terms and conditions?
How many of our rights are we signing away? More than you think
Posted inENTERPRISE ENTERTAINMENT CALENDAR
AUGUST 16 July-15 October (Tuesday-Tuesday): In the Company of Mahmoud Said exhibition at Aisha Fahmy Palace. 11 June-2 September (Tuesday-Monday): Afashat w Aflam exhibition at Bibliothek. 11 July-30 August (Thursday-Friday): New Alamein Festival at North Coast. 11 July-30 August (Thursday-Friday): Paramotor Ride at North Square. 30-31 August (Friday-Saturday): Arees El Bahr play at Rawabet Art […]
Posted inWhat We're Tracking Today
Sweetening the pot for oil and gas companies
Good morning, everyone. After a slow start to the week, the local business news cycle is heating up with a boat load of investment news, M&A updates, and more. We’ve got a packed issue for you this morning, so let’s jump right in. PSA- WEATHER- It’s a warm and sunny day in Cairo today, with […]
Posted inAdvertiser
Beauty unveiled amidst ancient wonders: Celebrate the beauty, nature, and cultural legacy of 30 nations as Miss Elite 2024 returns to the enchanting shores of Somabay from 2-14 September. For the fourth consecutive year, Somabay is hosting this prestigious international beauty pageant, celebrating women’s beauty and intelligence on a global scale. Experience the fusion of […]
Posted inInvestment Watch
Local consortium to set up a USD 1.2 bn chemical production plant to feed fertilizer industry
Nine local players will take on the project
Posted inInvestment Watch
India is looking into setting up a USD 60 mn carbon black factory in Egypt
Local officials met with representatives from major Indian companies working in the carbon black, green hydrogen, furnishings, and automotive industries
Posted inM&A WATCH
Egypt’s MaxAB and Kenya’s Wasoko complete Africa's largest-ever tech merger
The merger establishes a Pan-African platform serving Africa's USD 600 bn informal retail sector