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The EGX30 rose 0.7% at today’s close on turnover of EGP 5.8 bn (7.2% above the 90-day average). International investors were the sole net buyers. The index is up 4.4% YTD. In the green: CIB (+4.5%), GB Corp (+3.3%), and TMG Holding (+0.9%). In the red: Qalaa Holdings (-5.9%), E-finance (-5.0%), and Mopco (-4.5%).
Author Archives: enterpriseam admin
Posted inTHE ENTERPRISEPM ENTERTAINMENT CALENDAR
?️ JANUARY 12 December - 15 January (Friday-Thursday): Cairo Art Fair at TAM Gallery, Abu Rawwash. 21 December - 18 January (Sunday-Sunday): The Stadium at District 5. 11-14 January (Sunday-Wednesday): Sync School: Filmmaking workshop with Mohamed Mashish at Majarrah, Sheikh Zayed. 12 January - 31 March (Monday-Tuesday): Al Rawi Awards submission period. 15 January (Thursday): […]
Posted inWhat We're Tracking Today
Gov’t secures cheaper LNG cargoes
Good morning, friends. We have a packed issue for you this morning. And continuing with a months-long pattern, there’s plenty of good news here at home — and some insanity on the global scene. Heavy industry in Egypt may have just gotten a break, we exclusively report: The Madbouly government appears to won Egyptian exporters […]
Posted inAdvertiser
A year defined by ambition, energy, and global connection. From elite performance to community-driven experiences, we continue to shape environments where sport goes beyond competition. Creating moments that inspire, connect, and endure at Somabay.
Posted inThe Big Story Today
It looks like we might get a break on the EU’s carbon tax
EXCLUSIVE- The European Union looks set to give Egyptian exports an exemption from its carbon tax until the end of 2027. Two Egyptian government officials tell us the preliminarily approved exemption from the Carbon Border Adjustment Mechanism (CBAM) will give energy-intensive manufacturers in Egypt — specifically in the iron, steel, cement, and fertilizer sectors and […]
Posted inRENEWABLES
Two big boosts for our renewable energy ambitions
Gov’t signed agreements backing a solar and battery storage facility and a battery manufacturing plant
Posted inStartup watch
Egyptian-led Oasys Health raises USD 4.6 mn to build the data backbone for mental health
Oasys represents a shift away from consumer wellness apps and toward a system that brings clinical rigor to mental health workflows
Posted inTrade
Gov’t drops its push for authorized-only auto spare parts imports
By allowing general importers to continue bringing in automotive parts, the government is choosing market activity over regulatory control