The EGX30 fell 1.3% at today’s close on turnover of EGP 3.6 bn (25.2% below the 90-day average). Local investors were net sellers. The index is up 7.0% YTD. In the green: Palm Hills Development (+1.8%), E-finance (+0.7%), and Edita (+0.1%). In the red: Abu Qir Fertilizers (-4.9%), Sidi Kerir Petrochemicals (-4.8%), and Egypt Kuwait […]
Author Archives: enterpriseam admin
JUNE 6 June (Thursday): Konafa Comedy Night at El Sawy CultureWheel 6-8 June (Thursday-Saturday): El Galsa: Healing Is Not Linear at Rawabet Art Space. 6-7 June (Thursday-Friday): The Greek National Opera Βallet at Cairo Opera House. 4-7 June (Tuesday-Friday): Africa Health ExCon at Egypt International Exhibition Center. 7 June (Friday): Celebrating 40 Years of Omar […]
A storage facility for Russian grain?
Good morning, ladies and gentlemen. The news flow has picked up after a slower start to the week with news of the Madbouly cabinet resigning and the House approving the state budget for the upcoming fiscal year. WATCH THIS SPACE- #1- Maait says not to believe everything you see online: Finance Minister Mohamed Maait said […]
A week packed with joy. Experience the magic of Eid at Somabay: Celebrate the upcoming Eid El Adha holiday with us at Somabay from 14-22 June. Get ready for an exciting program packed with activities for families and kids, enchanting beach experiences, vibrant nightlife, revitalizing wellness offerings, and a delectable selection of culinary delights. Book […]
Madbouly gets a mandate to form a new government
This is expected to be the fourth major shuffle led by Madbouly
MPs gave their final approval to next fiscal year’s budget
Finance Minister Mohamed Maait confirms there won’t be any tax hikes next FY.
Auto sales recovered by around a third in April
Auto sales recorded 5.7k in April on the back of a 63% m-o-m rise in passenger car sales
Pharma products will see hikes of up to 50%
The new pricing guidelines won’t apply to meds already in pharmacies