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The EGX30 fell 0.8% at today’s close on turnover of EGP 2.9 bn (35.5% above the 90-day average). Local investors were net sellers. The index is up 35.6% YTD. In the green: Alexandria Containers and Cargo Handling (+6.9%), Sidi Kerir Petrochemicals (+6.6%) and Alexandria Mineral Oils Company (+5.1%). In the red: Mopco (-5.1%), GB Corp […]
Author Archives: enterpriseam admin
Posted inCALENDAR
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. […]
Posted inWhat We're Tracking Today
It’s Day 2 of the Enterprise Finance Forum
Good morning wonderful people. The second day of the Enterprise Finance Forum kicks off in just a few hours at the St. Regis Hotel on the Nile Corniche. We look forward to seeing many of you there. Yesterday’s gathering was outstanding — we had a full house on hand to enjoy unparalleled networking and insightful […]
Posted inAdvertiser
Get ready to embark on a sensational journey of entertainment: From October through December, London will be illuminated by the brilliance of three remarkable events sponsored exclusively by Somabay. The laughter will be unstoppable at the uproarious Egyptian Trilogy comedy tour, followed by the enchanting Samar Tarik. Brace yourselves for a captivating finale with the […]
Posted inIPO
New capital developer could go public on the EGX next year
ACUD could sell up to 10% of its shares to investors, according to the company’s chairman
Posted inM&A WATCH
Gulf investors eyeing United Company of Pharmacists acquisition
An unnamed American shareholder is reportedly trying to sell their 50% stake in the company
Posted inDEBT WATCH
SCZone to borrow EGP 30 bn to fund green hydrogen infrastructure
Part of the loan will be denominated in USD to finance imported components
Posted inDEBT WATCH
Edita turns to NBK to finance Fancy Foods acquisition
The amount will be used to refinance the acquisition of Edita Frozen Food Industries and fund its expansion.
Posted inLAST NIGHT’S TALK SHOWS
Presidential elections, soaring tuition fees, Sisi’s meeting with MBZ all get airtime
It was a mixed bag of nuts on the airwaves: There was more speculation about the upcoming presidential election, coverage of El Sisi’s trip to Abu Dhabi, a sit-down interview with the CEO of Madinet Masr, and coverage of surging school tuition fees. Elections in mid-December? Kelma Akhira host Lamees El Hadidi said that the […]