? OUT AND ABOUT-(all times CLT) HAPPENING THIS WEEK- The Goethe Institute in Cairo is hosting a screening of Certified Mail tonight at 7pm. This is part of the institute's new weekly initiative, Der Projektor, in which they showcase highlights from the independent Egyptian film scene every Wednesday. No entrance fee is required. To commemorate […]
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The hidden figure who made modern medicine what it is today
? UNDER THE LAMPLIGHT- Henrietta Lacks is a name you should know. Another victim of unrecognized contributions to science, she is the reason much of modern medicine is what it is today. In The Immortal Life of Henrietta Lacks by Rebecca Skloot, Lacks’ role in science is revealed and leads into a discussion of medical […]
What the markets are doing on 8 May, 2024
The EGX30 fell 1.7% at today’s close on turnover of EGP 4.3 bn (12.2% below the 90-day average). Regional investors were net sellers. The index is up 4.4% YTD. In the green: Talaat Moustafa Group (+7.5%), Elsewedy Electric (+4.0%) and Ezz Steel (+1.4%). In the red: Qalaa Holdings (-12.8%), EFG Holding (-7.4%) and Egypt Kuwait […]
8 May (Wednesday): Certified Mail screening at Goethe Institute. 8 May (Wednesday): Mohamed Abdel Wahab seminarat Diwan Library. 9-13 May (Thursday-Monday): Tchaikovsky’s The Sleeping Beauty performance at The Opera House. 10 May (Friday): Tamer Ashour and Mahmoud El Esseily concert at Family Park. 10 May (Friday): Fouad and Mounib at Theatro Arkan. 10 May (Friday): […]
IPOs on the EGX to pick in 4Q 2024 or early 2025
Good morning, folks. You may be wishing that you were still sitting on the beach or however else you enjoyed the long weekend, but at least we have some positive news to kick off an all too abrupt start back at work. In today’s issue, we’ve got very welcome news that Fitch Ratings has upgraded […]
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Fitch upgrades Egypt’s sovereign credit rating outlook to positive
The Ras El Hekma agreement and foreign capital inflows since March have done a lot to restore confidence in Egypt’s creditworthiness
Gov’t locks in a lease agreement for an LNG regasification vessel with Norway’s Höegh LNG
The country is gearing up to meet rising energy demand this summer by ramping up LNG imports