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? UNDER THE LAMPLIGHT- Behind You Is the Sea, a voice to our diaspora Palestinian brothers and sisters.Written by Susan Muaddi Darraj, the novel centers on a community of Palestinians living in Baltimore, focusing on three families — the Salamehs, Baladis, and Ammars — and the dynamics between rich and poor immigrants. The book also […]
Author Archives: enterpriseam admin
Posted inGO WITH THE FLOW
What the markets are doing on 1 May, 2024
The EGX30 rose 3.4% at today’s close on turnover of EGP 2.4 bn (51.3% below the 90-day average). Local investors were net buyers. The index is up 1.51% YTD. In the green: Talaat Moustafa Group (+7.9%), Heliopolis Housing (+7.9%) and Juhayna Food Industries (+7.1%). In the red: Delta Sugar (-1.0%) and Edita (-0.7%).
Posted inENTERPRISE ENTERTAINMENT CALENDAR
APRIL 30 April-5 May (Tuesday-Sunday): Next Level International Summer Camp. MAY 1-6 May (Wednesday-Saturday): Maadi Book Festival. 1 May (Wednesday): The Egyptian Project & Mawawil at CJC 610. 1 May (Wednesday): El SiraEl Hilaleyah at Rawabet Art Space. 3 May (Friday): Tamer Hosny concert at Hibou Beach in Sokhna. 3 May (Friday): Red Bull Sada […]
Posted inWhat We're Tracking Today
USD t-bill auction raises just shy of USD 1 bn
Good morning, folks. We’ve got an unusually export- and import-heavy issue for you today, with some promising developments that many of you exporters out there will be happy to hear. But, of course, that’s not all. New details on Act Financial’s upcoming IPO — and what it plans to do after — have emerged, the […]
Posted inAdvertiser
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Posted inFINANCIAL SERVICES
Beltone unit launches USD 100 mn private credit platform for exporters
The platform has already secured the licenses and regulatory approvals needed for it to kick off operations
Posted inIPO
Act Financial to create “a big financial entity” through merger or acquisition following IPO
Act Financial will offer up to 30% stake on the EGX via capital increase
Posted inFX WATCH
FX to be made available to all importers starting May following planned central bank liquidity injection
Banks will issue USD letters of credit to importers at the start of June, a source told us