Author Archives: enterpriseam admin
What the markets are doing on 12 September, 2023
The EGX30 fell 0.7% at today’s close on turnover of EGP 1.62 bn (24% below the 90-day average). Local investors were net sellers. The index is up 31.1% YTD. In the green: Abu Dhabi Islamic Bank (+1.8%), Eastern Company (+1.5%) and Qalaa Holdings (+1.3%). In the red: Telecom Egypt (-2.4%), E-Finance (-2.3%) and Heliopolis Housing […]
Meet our founder of the week: Omar Safar, founder of Ascent
Ascent is the first rock climbing gym in Egypt
SEPTEMBER 14-17 September (Thursday-Sunday): Medfest Cinematic Film Forum at AUC Tahrir Cultural Center. 15 September (Friday): Wust El Balad concert, City Center Almaza’s summer hub, Cairo. 15 September (Friday): Aly & Fila performance, The Great Pyramid of Giza. 16 September (Saturday): Cairo Flea Market at Zamalek Fish Garden. 21 September (Thursday): Standup Comedian Ali Quandil […]
More Israeli gas
The higher import volumes were unable to compensate for declining domestic production and surging summer demand, leading to almost two months of rolling blackouts
We are proud to present Somabay's latest lifestyle app, powered by Quintessentially — bringing you a new era of ultimate luxury where you receive elevated access to a world of exclusive services and perks. All our homeowners now have the privilege of enjoying access to booking local and international restaurants, events, hospitality, and so much […]
August was a record-breaking month (and not the good kind)
A series of currency devaluations has sent consumer prices surging this year
ADES eyes USD 1.2 bn from Saudi IPO
The IPO is expected to be Saudi Arabia’s largest offering this year
A landmark meeting
Erdogan hails “new era” in relations, two months after the two countries agreed to reset diplomatic ties