Author Archives: enterpriseam admin
What the markets are doing on 21 May 2024
The EGX30 was essentially flat at today’s close on turnover of EGP 5.7 bn (16.8% above the 90-day average). Regional investors were net sellers. The index is up 9.4% YTD. In the green: Ezz Steel (+7.2%), Mopco (+6.1%), and AMOC (+5.5%). In the red: Qalaa Holdings (-7.7%), GB Corp (-4.8%), and Sidi Kerir Petrochemicals (-3.0%).
Meet Dina Aboughazala, our Founder of the Week
Egab is a platform where journalists can pitch stories and have them circulated around international media as pitches
MAY 11 May-1 June (Saturday-Saturday) Summer Showcase art gallery at Bibliothek 19-22 May (Sunday-Wednesday): Empower Her Art Forum at The National Museum of Egyptian Civilization 21 May (Tuesday): Disco Arabesco- Tablet El Sett & Fabrica at Theatro Arkan 23-25 May (Thursday- Saturday): Insomnia at Rawabet Art Space 22-24 May (Wednesday-Friday): The Design Show at Cairo […]
We’ll have more on Qalaa’s debt buyback soon
Good morning, folks. We hope you’re staying cool and hydrated as the heat wave continues in Cairo. It is shaping up to be another busy day, so let’s jump right into it. You can pay in EGP after all: Market watchers welcomed news yesterday that Qalaa Holdings shareholders interested in buying into its debt purchase […]
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UAE’s Electra eyes up to 24.5% of Elsewedy Electric
Elsewedy Electric shares jumped 20.0% at the end of trading yesterday following the news
CBE to leave interest rates unchanged on Thursday -poll
All 11 of the analysts and economists we surveyed expect the MPC to hold rates steady
House gave preliminary approval to bill allowing private investors to manage public health facilities
Foreign medical staff will not be allowed to exceed 25% of total staff members