Author Archives: enterpriseam admin
What the markets are doing on 20 December, 2023
The EGX30 fell 1.0% at today’s close on turnover of EGP 2.9 bn (10.7% below the 90-day average). Regional investors were net buyers. The index is up 70.1% YTD. In the green: Alexandria Containers and Cargo Handling (+3.7%), E-finance (+1.6%) and Telecom Egypt (+1.4%). In the red: Edita (-3.2%), Credit Agricole (-2.8%) and B Investments […]
DECEMBER 10-26 December (Sunday-Tuesday): Ali Badrakhan’s cinema at Zawya Cinema. 14-21 December (Thursday-Thursday): Gouna Film Festival (GFF), Gouna. 19-20 December (Tuesday-Wednesday): How Did We Get Here: Conversations about Palestine at ThatReallyCoolStudio. 21 December (Thursday): Art staged performance by Yasmina Riza at Rawabet Art Space. 22-23 December (Friday-Saturday): Family Fun Fest by Kult Creative at the […]
El Sisi secures a third term in office + a task force to protect vessels passing through the Red Sea
Good morning, wonderful people, and happy hump day to you all. THE BIG STORY HERE AT HOME: President Abdel Fattah El Sisi has cruised to a third term. We have the rundown on the election results and a look at what we should be looking for next on the economic policy fronts. THE BIG STORY […]
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El Sisi gets a third term — here’s what to watch for next on the economy
Will the central bank now float the EGP — and will it be a proper float, or a managed devaluation?
OCI to sell Iowa Fertilizer Company for USD 3.6 bn
The sale proceeds will help reduce OCI’s debt
Oil players pause Red Sea transit
BP is pausing all Red Sea shipment after repeated Houthi attacks on vessels passing through the waterway