Author Archives: enterpriseam admin
What the markets are doing on 1 August, 2023
EARNINGS WATCH- Alexandria Mineral Oils Company’s (AMOC) consolidated net income rose 11% y-o-y to EGP 1.3 bn in FY 2022-23, according to an EGX disclosure (pdf). Revenues, meanwhile, climbed 31.3% to EGP 24.2 bn during the fiscal year. MARKET ROUNDUP- The EGX30 fell 0.2% at today’s close on turnover of EGP 3.55 bn (85.6% above […]
Meet our founder of the week: Farida El Sherbiny, founder of Biyadi
Biyadi is a local brand for handmade functional and decorative art
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): […]
Telecom Egypt denies Qatar-Vodafone Egypt reports
Sources tell us that the company is still inviting offers — and that the Saudis are still interested
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CBE to keep rates unchanged on Thursday -poll
All seven analysts expect policymakers to hold rates for a third consecutive meeting
Al Amal to temporarily shutter BYD assembly plant on FX shortage
Al Amal has cut production by more than half over the past year, could look to resume assembly of Lada cars
B Investments + MTI invest EGP 500 mn in EZ International
The investment will help EZ International expand El Ezaby’s presence in the local market
Aman Financial Services issues securitized bonds, GlobalCorp plans new issuance
New issuances are up more than 2x on last year in EGP terms