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Author Archives: enterpriseam admin
What the markets are doing on 4 March 2024
The EGX30 rose 5.1% at today’s close on turnover of EGP 6.4 bn (46.4% above the 90-day average). Regional investors were net sellers. The index is up 22.7% YTD. In the green: GB Corp (+17.0%), Talaat Moustafa Group (+15.4%) and Delta Sugar (+12.3%). In the red: Orascom Construction (-3.1%), E-finance (-2.9%) and Eastern Company (-1.4%).
MARCH 1-27 March (Friday-Wednesday): 2-7 March (Saturday-Thursday): Blood Wedding Play at AUC’s Malak Gabr Arts Theater. 3-6 March (Sunday-Wednesday): Digital illustration workshop at SYNC School. 4 March (Monday): Articaria concert at The Tap West. 4 March (Monday): Ramadan box packing for kids at PlayPoint Egypt. 5 March (Tuesday): Strawberry Swing Coldplay tribute concert at Room […]
What the markets are doing on 3 March 2024
The EGX30 rose 0.3% at today’s close on turnover of EGP 4.4 bn (1.2% above the 90-day average). Local investors were net buyers. The index is up 16.7% YTD. In the green:E-finance (+12.3%), Orascom Construction (+10.7%) and Talaat Moustafa Group (+8.8%). In the red: Mopco (-5.5%), Abou Kir Fertilizers (-4.8%) and Ibn Sina Pharma (-4.0%).
MARCH 3-6 March (Sunday-Wednesday): Digital illustration workshop at SYNC School. 8 March (Friday): Tablet El Sitt and Mushequa Artists at the Grand Egyptian Museum. 9 March (Saturday): Wadi Degla clean up event at Wadi Degla Protectorate. 9 March (Saturday): Red Bull Car Drift at Sports Expo. 11 March (Monday): The Oscars 20-23 March (Wednesday-Saturday): Advertising […]
Kuwait Finance House is in the running for United Bank acquisition
Good morning, wonderful people, and welcome to the last workweek before Ramadan, which we expect to begin on Sunday, 10 March or Monday, 11 March. (Our money is on the Monday after the National Research Institute for Astronomy and Geophysics called the ball.) On everyone’s mind: Is this the week the central bank takes action […]
Escape to Somabay, where the sun-kissed shores await your arrival. Immerse yourself in the warmth of a perfect vacation, starting each day with the radiant embrace of the sun. Unwind, explore, and create unforgettable memories in this paradise by the sea.
Investors turn more bullish on Egypt’s economy as proceeds from Ras El Hekma sale enter state coffers
Egypt received USD 10 bn from Ras El Hekma sale over the weekend in addition to USD 520 mn from the historic hotels sale