Author Archives: enterpriseam admin
What the markets are doing on 5 July, 2023
The EGX30 fell 0.5% at today’s close on turnover of EGP 1.57 bn. Local investors were net buyers. The index is up 19.1% YTD. In the green: Egypt-Kuwait Holding (+4.3%), Sidi Kerir Petrochemicals (+4.0%) and Orascom Construction (+3.2%). In the red: Eastern Tobacco(-4.3%), Telecom Egypt (-3.0%) and Ibnsina Pharma (-2.7%).
JULY 5 July (Wednesday): Hals concert, Rawabet Art Space, Qasr El-Nil, Cairo. 5 July (Wednesday): Mazaher Ensemble (Zar), Egyptian Center for Arts and Culture, Downtown, Cairo. 6 July-15 (Thursday-Saturday): Dawayer Cultural Festival, Cinema Radio, Downtown, Cairo. 7 July-9 (Friday-Saturday): What have years done to us?, Rawabet Art Space, Qasr El-Nil, Cairo. 7 July (Friday): Medhat […]
New week, new month, new fiscal year
Happy Fourth of July to our American friends
Solasi Wellbeing Festival has been lovingly created by Yes Yoga and Osana Family Wellness and takes place at the beautiful Somabay from 21-23 September. Solasi brings you Sunrise Yoga, Sound Healing, Funky Classes, Morning Runs, Enlightening Workshops, Healing Treatments, Tai Chi, Meditation, Kids Activities, locally sourced food, and lots of dancing. Don't miss your chance […]
Abu Dhabi hotel group could invest USD 175 mn in Egypt portfolio
The company will invest another USD 80 mn to revamp its Red Sea resorts
Qatar’s Baladna now owns 15% of Juhayna
Baladna is now Juhayna’s second largest shareholder
Two new EV charging companies on the block?
Our EV charging sector is small but fast-growing
Car sales rose in May as market shrugs off Ramadan
Distributors sold some 7.3k vehicles in May, recording their best month since December