Author Archives: enterpriseam admin
What the markets are doing on 16 November, 2023
The EGX30 rose 1.0% at today’s close on turnover of EGP 3.4 bn (29% above the 90-day average). Local investors were net sellers. The index is up 67.0% YTD. In the green: Orascom Development (+5.6%), Palm Hills Development (+5.0%) and Qalaa Holdings (+5.0%). In the red: CIRA Education (-2.7%), Madinet Masr (-0.81%) and Talaat Moustafa […]
Digital Mythology: How the internet creates modern myths and urban legends
The internet has become a myth-spewing machine that makes it hard for us to separate the truth from the myth
NOVEMBER 26 October-18 November: Forever Is Now Exhibition, Pyramids of Giza. 6-18 November (Monday- Saturday): The Ibero-American Film Week, Zawya cinema, Downtown. 15-24 November (Wednesday-Friday): Cairo International Film Festival (CIFF). 16 November (Thursday): ELFIT Sports and Fitness Games at New Capital Sports City. 21 November (Tuesday): A3det Saad El Oud concert, Room Art Space and […]
First China. Then Japan. Now India?
Good morning, ladies and gentlemen. We have plenty of news for you this morning, but it’s a light read as we plunge into the final days of earnings season, where blue chips are again turning in strong results despite macro headwinds. A QUICK PROGRAMMING ANNOUNCEMENT- We’re fine-tuning our publication schedule. Starting today, we’re going to […]
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Israeli gas flows could return pre-war levels by next week
The East Mediterranean Gas has also restarted exporting Israeli gas to Egypt
Palm Hills to break ground on EGP 65 bn development in mid-2024
The developer is also eyeing a EGP 5.5 bn loan to finance its Badya project
Qatar expected to invest USD 1.5 bn in Egyptian industrial projects in 2024
Qatar promised to invest USD 5 bn “in the coming period” back in 2022
Edtech startup Akhdar lands investment from Saudi accelerator
Akhdar now boasts 1.5 mn users after having started off as just a YouTube channel in 2016