The EGX30 fell 6.0% at today’s close on turnover of EGP 3.5 bn (29.1% below the 90-day average). Local investors were net buyers. The index is down 1.8% YTD. In the green: E-finance (+0.36%). In the red: Talaat Moustafa Group (-12.03%), Qalaa Holding (-10.7%) and EIPICO (-10.4%).
Author Archives: enterpriseam admin
Meet Mohamed El Zanaty, our Founder of the Week
Zanaty Farm focuses on producing premium-quality organic eggs
APRIL 30 April (Tuesday): Metro Boomin concert at Kundalini Grand Pyramids. 30 April (Tuesday): Reading Reem Basyuni's latest work at Bibliothek Egypt. 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 […]
It’s day two of the World Economic Forum’s Riyadh meetup
Good morning, friends. The cabinet economic team is out in force at the World Economic Forum’s Riyadh meetup that wraps today and it seems that people are eager to hear what they have to say, with many of them penciled in for meetings on the political and economic challenges facing the region. We’ve got a […]
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Gov’t mulls subsidized loan program for hospitality players to boost hotel room capacity
The initiative will offer investors subsidized loans at a 12% interest rate
IFC’s Sustainable Banking and Finance Network upgrades Egypt’s sustainable finance rating
The SBFN attributed the upgrade to “collaboration among Egypt’s financial regulatory bodies” to promote sustainability
CIRA Education’s topline climbed 35% in 1H 2023-24
Revenues rose 35% thanks to higher enrollment rates, especially in universities.