? UNDER THE LAMPLIGHT- Matt Haig’s Notes on a Nervous Planet is an introspective examination of the anxieties and pressures we experience when our phones are constantly feeding us notifications and news. There are many reasons to worry, but they can be opportunities to pause and reflect on our own lives in the context of […]
Author Archives: enterpriseam admin
What the markets are doing on 3 August, 2023
EARNINGS WATCH- Sidi Kerir Petrochemicals’ net income after tax rose to EGP 1.21 bn in 1H 2023, rising 158% y-o-y, according to its earnings release (pdf). The company’s revenues for the period jumped 69.2% y-o-y to EGP 6.56 bn. MARKET ROUNDUP- The EGX30 was almost flat at today’s close on turnover of EGP 1.72 bn […]
Tracking Egyptian consumer behavior among rising inflationary pressures
The value of consumer spending is rising, but on the same volume of products — with less discretionary spending to speak of
AUGUST 2-3 August (Wednesday-Thursday): Fintech Revolution Summit, Cairo Festival City. 3 August (Thursday): Massar Egbari concert, Bibliotheca Alexandrina, Alexandria. 3 August (Thursday): Medhat Saleh and Reham Abd El Hakim concert, New Alamein Festival 2023, New Alamein. 4 August (Friday): Mounir and Hamid El Shaeri concert, New Alamein Festival 2023, New Alamein. 5 August (Saturday): Elissa […]
Day 1 of the blackout schedule didn’t go to plan
The government expects to spend USD 250-300 mn on importing mazut to reduce the rolling blackouts
Book your summer vacation with Stayr and get a EGP 500 cashback voucher for every night you stay. Treat yourself to a longer stay this summer with Stayr serviced apartments and villas, and indulge in a vacation loaded with experiences, entertainment, and excursions in tune with each unique holiday mood. For more information: Call +20 […]
Net foreign assets deficit widens to most on record in June
Net liabilities in the banking system widened by USD 2.6 bn during the month
Beltone reportedly wants to acquire microlender Cash
Beltone this week announced plans to acquire an undisclosed microfinance player
SFE not considering Misr Pharmacies stake
SFE not interested in Misr Pharmacies: T he Sovereign Fund of Egypt (SF E) is not currently involved in any discussions with the owners of Misr Pharmacies to acquire a stake in the company, a senior official close to the SFE told Enterprise yesterday. Lo cal me dia reported that the fund was in discussions […]