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Author Archives: enterpriseam admin
PHD to expand Palm Hills October after acquiring new land plot. PLUS: More Chinese investment?
The real estate developer expects to draw EGP 85 bn in sales proceeds from the plot over a 5-7-year period
EM stocks suffer worst quarter in a year as higher rates, China woes bite
The third quarter wasn’t kind to EM equities: Emerging-market stocks took a serious blow in 3Q 2023, with a deepening sell-off wiping out an estimated USD 688 bn of value in September alone, according to data compiled by Bloomberg. The rout took total EM equity losses in August and September to USD 1.54 tn, erasing […]
OCTOBER 1-3 October (Sunday-Tuesday) International Expotec for water economics management, Egypt International Exhibition Center, Fifth Settlement, Cairo. 2-5 October (Monday-Thursday): ADIPEC 2023, Abu Dhabi National Exhibition Center. 2 October (Monday): Government meeting with investors to look into liberalizing electricity grid. 4 October (Wednesday): OPEC+ meeting. 6 October (Friday): Armed Forces Day. 7 October (Saturday): HHD […]
THIS EVENING: Egypt’s non-oil private sector contracts at a sharper pace in September
Good afternoon, friends. It’s almost the end of the week, with the upcoming long weekend making tomorrow a THURSDAY-equivalent. THE BIG STORY TODAY PMI contraction accelerates again: The contraction in Egypt’s non-oil private sector deepened in September on the back of “price and supply challenges” that curbed output levels, according to S&P Global’s purchasing managers’ […]
Will Meta charge EU users for Instagram and Facebook for a no ad experience? PLUS: The travel bug seems to be slowing down
Meta has been slammed with EUR 390 mn fine from EU for breaching privacy
A Victorian-era film demonstrating the roots of modern football
Watch the transition that football took from an elite game to one for the masses
Round 2 of Champions’ League opens with Real Madrid v Napoli tonight
⚽ The Champions’ League anthem reverberates again with the start of round 2, which includes a group of exciting matches, most notably the match between Real Madrid and Napoli at 10pm. The rest of tonight’s matches: Union Berlin v Sporting Braga (7:45pm) Salzburg v Real Sociedad (7:45pm) Copenhagen v Bayern Munich (10pm) Manchester United v […]