The EGX30 rose 1.4% at today’s close on turnover of EGP 2.0 bn (8.2% below the 90-day average). Regional investors were net sellers. The index is up 37.6% YTD. In the green: Egypt Kuwait Holding (+8.9%), Talaat Moustafa Group (+6.1%), and Telecom Egypt (+4.5%). In the red: Alexandria Containers and Cargo Handling (-2.6%), Qalaa Holdings […]
Author Archives: enterpriseam admin
Bridging the global sports funding gap
Although women’s football has been rising in popularity, their financial performance still lags far behind male counterparts
SEPTEMBER 21 September (Thursday): Standup Comedian Ali Quandil show at Theatro, Arkan Plaza, Sheikh Zayed. 21 September (Thursday): Minders First Step event is happening at Galal El Sharkawy theater. 21-23 September (Thursday-Saturday): L’Etape Egypt by Tour de France, Sharm El Sheikh. 22 September (Friday): Masar Egbari concert at City Garage Live in City Centre Almaza. […]
Happening today: Cityscape expo opens, an election press conference + the Fed meeting
Good morning, wonderful people. We have a ton of M&A and investment news for you this morning, from word that a unit of Sauid’s PIF is upping its stake in fintech giant e-finance to talk that Mohamed Alabbar’s Eagle Hills is looking at buying a local real estate developer. ^^ We have the rundown on […]
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Chevron to invest USD 3 bn in Egypt’s Nargis gas field
Shell acquired the North East El Amriya block from ExxonMobil in 2022
Saudi wealth fund to up its stake in e-Finance
e-Finance is looking to float 900k treasury shares
Dice founders want to reacquire the company
The founding Toma family sold the bulk of their shares in the firm during its IPO in 2017
Three local steel companies are looking to acquire state-owned Delta Steel
The gov’t is reportedly studying whether to offer 100% or a smaller share of the company
Mohamed Shawky Ayad sworn in as Egypt’s new public prosecutor
The former Alexandria court of appeal head will succeed Hamada El-Sawi