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The EGX30 rose 0.9% at today’s close on turnover of EGP 2.0 bn (3.9% below the 90-day average). Foreign investors were net buyers. The index is up 33.9% YTD. In the green: Talaat Moustafa Group (+11.7%), Abu Dhabi Islamic Bank - Egypt (+3.5%) and Abu Qir Fertilizers (+2.7%). In the red: Beltone Holding (-1.3%), Fawry […]
Author Archives: enterpriseam admin
Posted inTECHNOLOGY
A look at the robotics + AI scene in Egypt
Robotics and AI are picking up steam in Egypt — although funding and accessibility issues are holding students back: With artificial intelligence (AI) and robots becoming increasingly widespread and capable of performing simple and complex tasks — from presenting a newscast to playing soccer, or even leading an orchestra — Egypt is catching up. Students […]
Posted inTHE ENTERPRISE ENTERTAINMENT CALENDAR
SEPTEMBER 14 September (Thursday): Movie Night Under The Stars: Eat, Pray, Love, Ahimsa. 14-17 September (Thursday-Sunday): Medfest Cinematic Film Forum at AUC Tahrir Cultural Center. 15 September (Friday): Sodic Charity Run, SODIC West, Cairo 15 September (Friday): Cycling and Kayaking event, El Sawy Culturewheel, Zamalek. 15 September (Friday): Wust El Balad concert, City Center Almaza’s […]
Posted inWhat We're Tracking Today
We’re two weeks away from our next long weekend
Good morning, friends. We’re just days away from hosting many of you at our first-ever two-day event. We’ll be going deep into what’s next in banking, financial services, fintech and more at our Enterprise Finance Forum next Monday and Tuesday. THE BIG STORY THIS MORNING will feature on our agenda next week. It’s all about […]
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 inPrivatization
Big updates on potential sales of Telecom Egypt, Vodafone Egypt stakes + Gabal El Zeit windfarms
Potential sales of stakes in two telecom players and a massive wind farm are the latest signs the privatization program is picking up steam
Posted inM&A WATCH
Military acquires minority stakes in private-sector steel companies
Beshay Steel is one of the largest steel companies in the country
Posted inMoves
Jumia Egypt appoints Abdellatif Olama as CEO
Olama has been with the company for more than a year and has previously worked at Altibbi and Aprcot
Posted inLAST NIGHT’S TALK SHOWS
Talking heads focus on Libya floods + climate investment forum
Flooding in Libya continued to dominated the airwaves last night: Masaa DMC (watch, runtime: 3:18 | 5:54 | 4:49), Ala Masouleety (watch, runtime: 3:04), and Al Hayah Al Youm (watch, runtime: 2:29) all gave airtime to the flooding in Libya, which has led to thousands of people losing their lives since Storm Daniel hit the […]