Author Archives: enterpriseam admin
What the markets are doing on 15 February, 2024
The EGX30 rose 0.2% at today’s close on turnover of EGP 6.3 bn (65.9% above the 90-day average). Foreign investors were net sellers. The index is up 16.2% YTD. In the green: Eipico (+7.2%), Ibnsina Pharma (+6.0%) and Madinet Masr (+5.1%). In the red: AMOC (-1.3%), CIB (-1.2%) and Sidi Kerir Petrochemicals (-1.2%).
Africa was not immune to last year’s tech VC winter
Francophone countries, however, posted strong growth in value and volume of investments
FEBRUARY 15 February (Thursday): Nouran AbuTaleb concert at Theatro Arkan. 15 February (Thursday): Komedy Koshk comedy open mic night at EDEN Spaces. 15 February (Thursday): Valentine’s Bazaar by Le Marché. 16 February (Friday): Amr Hassan concert at El Sawy. 16 February (Friday): Amr Diab live concert at Al Manara Arena. 16 February (Friday): Run for […]
Erdogan is in town for his first visit in over a decade
Good morning, friends, and a very happy Valentine’s Day. The news flow has slightly picked up this morning and we’re not expecting it to slow down again as we have not one, but two world leaders in town. Need a last minute Valentine’s date idea? Check out the local spots featured on MENA’s 50 Best […]
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.
Egypt aims to raise USD 6.5 bn from state asset sales in 2024
The target refers only to finalized sales made during the calendar year, a government source confirmed to Enterprise
GlobalCorp issues EGP 1.35 bn securitized bond issuance
The issuance is part of GlobalCorp’s EGP 10 bn securitization program
Spending on outdoor advertising hit record high in 2023 -AdMazad
Real estate advertisers were the top spenders for a second straight year