Author Archives: enterpriseam admin
What the markets are doing on 20 June, 2023
The EGX30 fell 0.4% at today’s close on turnover of EGP 2.07 bn. Regional investors were net sellers. The index is up 22.8% YTD. In the green: Credit Agricole (+5.1%), GB Corp (+4.6%) and Cleopatra Hospital (+3.4%). In the red: Ezz Steel (-4.8%), Mopco (-4.0%) and Abu Dhabi Islamic Bank (-1.5%).
Meet our founder of the week: Ibrahim Shams, co-founder and CEO of Kiliim
Kiliim sells traditional kilim rugs with modernized designs
MAY 27 May-27 June (Saturday-Tuesday): Annual Flower Exhibition from 10am at the Agricultural Museum. JUNE 14-27 June (Wednesday-Tuesday): Zawya’s two-week festival for Italian director Michelangelo Antonio. 21 June (Wednesday): Egyptian soprano Amira Selim performance, National Museum for Egyptian Civilization (NMEC). 22-24 June (Thursday-Saturday): Grün Fête de la Musique at 3pm at Al Azhar Park. 22 […]
El Sisi to meet with EU’s top diplomat + Egypt co-hosts global fundraiser for Sudan
EU’s Josep Borrell yesterday pledged EUR 20 mn to help Egypt with Sudanese refugees
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 […]
IFC to advise gov’t on state privatization program
The IFC plans to double its commitment to Egypt for the next year
B Investments on course to acquire majority stake in Orascom Financial Holding
B Investments could soon become Orascom Financial Holding’s majority shareholder
CBE to keep rates unchanged on Thursday -poll
Eight of nine analysts we spoke to expect policymakers to hold rates for a second consecutive meeting
Ezz Dekheila Steel handed EGP 20 bn+ valuation ahead of potential stake sale
Steel giant Ezz Steel could acquire a 14% stake held by state banks in its EGX-listed subsidiary