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Base rate for private-sector workers to rise 17% to EGP 3.5k gross per month
Author Archives: enterpriseam admin
Posted inCommodities
Gov’t taps sugar reserves to calm soaring prices
Sugar prices have hit record highs this year and have soared more than 50% inside the last week alone
Posted inWAR WATCH
UN expected to renew calls for immediate Gaza ceasefire in General Assembly vote today
The emergency session comes after the US vetoed a Security Council resolution last week despite the catastrophic humanitarian crisis in the enclave
Posted inLAST NIGHT’S TALK SHOWS
Election 2023 coverage continued to dominate the airwaves last night
It was more of the same from the talking heads on day 2 of the presidential elections, as the talk show hosts lauded Egyptians’ participation in the first two days of the elections. Everyone and their brother covered the National Elections Authority’s press conference (watch, runtime: 19:35)., which gave updated turnout figures. More on that […]
Posted inEGYPT IN THE NEWS
The presidential election dominates int’l press coverage on Egypt on second day of the vote
The presidential election is once leading the conversation on Egypt in the international press, with journos commenting on efforts to get out the vote, the economic backdrop, and what is expected to come after the election. (Associated Press | Reuters | Bloomberg) A close second: With conditions for displaced Palestinian civilians getting worse and worse […]
Posted inAlso on our Radar
Aton Resources to start producing gold in Egypt in 2025. PLUS: FX crunch hits Ezz Steel
Aton has struck gold in its Marawat concession in the Eastern Desert, where it has been prospecting since 2010
Posted inPLANET FINANCE
A relief rally for risk assets — but does it have legs?
Isthe “everything rally” a lasting bull market or a flash in the pan?Investors rushed into stocks, bonds, gold, and crypto assets in December as markets were flooded with bets that the Federal Reserve could start lowering interest rates. But Wall Street is divided over whether the “everything rally” represents a bull market or just a […]
Posted inCALENDAR
DECEMBER 30 November-12 December (Thursday-Tuesday): COP28, Dubai. 9-15 December (Saturday-Friday) :The Engineering Export Council of Egypt’strade mission to Saudi Arabia. 10-12 December (Sunday-Tuesday): Voting in presidential election takes place in Egypt. 12-13 December (Tuesday-Wednesday): Federal Reserve interest rate meeting. 12-14 December (Tuesday-Thursday): Food Africa Expo, Egypt International Exhibition Center. 14 December (Thursday): Bidding deadline for […]