enterpriseam admin, Author at EnterpriseAM Egypt

What the markets are doing on 19 July, 2023

by enterpriseam adminEgypt Edition19 July 2023

The EGX30 fell 0.2% at today’s close on turnover of EGP 1.59 bn (17.5% below the 90-day average). Local investors were net sellers. The index is up 20.4% YTD. In the green: Orascom Construction (+2.3%), EFG Holding (+1.0%) and Edita (+0.7%). In the red: Heliopolis Housing (-1.9%), Qalaa Holdings (-1.6%) and Elsewedy Electric (-1.5%).

THE ENTERPRISE ENTERTAINMENT CALENDAR

by enterpriseam adminEgypt Edition19 July 2023

JULY 19 July-23 July (Wednesday-Sunday): Egypt Summer Festival, Heliopolis. 20 July (Thursday): Muslim’s musical concert, ElSawy Culturewheel, Zamalek, Cairo. 20 July (Thursday): Sharmoofers, Shaheen and El Waily concert, Al-Ittihad Alex Club, Smouha, Alexandria. 20 July (Thursday): National holiday in observance of Islamic New Year (TBC). 21 July (Friday): Tamer Hosny Concert, New Alamein Festival 2023, […]

What We're Tracking Today

Global food uncertainty as Russia pulls out of Black Sea grain pact

by enterpriseam adminEgypt Edition18 July 2023

The agreement allows Ukraine, one of the world’s largest wheat producers, to continue exporting via the Black Sea

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by enterpriseam adminEgypt Edition18 July 2023

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Energy

ACWA Power receives land in Sohag for 10-GW mega wind farm

by enterpriseam adminEgypt Edition18 July 2023

Sohag could be home to 25 GW of wind generation capacity if all three planned wind farms get built; Egypt looks to source 42% of power from renewables by 2030