The EGX30 fell 1.0% at today’s close on turnover of EGP 5.8 bn (12.1% below the 90-day average). International investors were the sole net sellers. The index is up 12.4% YTD. In the green: Arabian Cement (+5.3%), Heliopolis Housing (+2.4%), and Misr Cement (+0.5%). In the red: Abu Qir Fertilizers (-3.8%), Edita (-3.5%), and Valmore […]
Author Archives: enterpriseam admin
🗓️ MARCH 26 March (Thursday): The Goats: Volume 1 at the Tap West. 26-29 March (Thursday-Sunday): D5 Home by Efreshli at New Cairo’s Marakez District 5 Mall. 27 March (Friday): Wegz at the PUBG Mobile anniversary carnival, the Great Pyramids of Giza. 27 March (Friday): Talk with cinematographer Dr. Hussein Assar at Photopia in Heliopolis. […]
EGP slips against the greenback as markets reopen after Eid
Good morning, folks. It’s a good news / bad news kind of morning as we prepare for what is expected to be a rainy day. The good news: The Madbouly government is looking to boost local natural gas output by 1 bcf/d by the end of 2026 by offering international oil companies better terms in […]
Somabay becomes the stage for Egypt’s equestrian legacy. From 26 to 29 March 2026, the Egyptian Equestrian Cup arrives on the Red Sea, uniting riders, horses, and elite competition in a setting defined by discipline, mastery, and place.
Egypt targets 1 bcf/d natural gas boost by year’s end with investment model shakeup
The increase will come through intensified exploration activity, new bid rounds, and higher investment from international oil and gas companies
BMI raises Egypt deficit forecast to 3.4% as war triggers massive outflows
In a prolonged scenario, the current account deficit could reach 4.4% of GDP
Tourism operators call for low-interest loans as regional war drives 20% drop in bookings
Margins are being squeezed for tourism companies, who face not just the prospect of lower numbers of tourists, but also increased expenses