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Author Archives: enterpriseam admin
What the markets are doing on 22 May, 2023
EARNINGS WATCH- The Export Development Bank’s bottomline rose 86.8% y-o-y to EGP 564 mn in 1Q 2023, according to a disclosure to the bourse (pdf). This is attributed to the increase in the bank’s portfolio of client deposits and the increase in net interest margins. The bank’s credit portfolio saw an increase of EGP 7.4 […]
MAY 17 May-10 June (Wednesday-Saturday): Cairo Cinema Days at Zawya Cinema, Downtown Cairo. 24 May (Wednesday): Last day of Omar Abdel Zaher’s Roots exhibition at the Safarkhan Art Gallery. 24-25 (Wednesday-Thursday): Disco Misr at El Sawy Culturewheel. 24-27 May (Wednesday-Saturday): Pyramids Sound and Light Show. 25-27 May (Thursday-Saturday): TriFactory’s Somabay Endurance Festival. 27 May-27 June […]
Sultan Haitham bin Tarek Qaboos is in Egypt today
Six agreements, including a double taxation treaty, will be signed during the visit
The TriFactory's Somabay Endurance Festival returns for the fifth time from 25-27 May,bringing together Egypt's multi-sport community for an amazing weekend filled with swimming, cycling, and running throughout the beautiful scenery of Somabay. Select from six different races, Sign up now, and get ready to Experience Endurance.
CBE holds interest rates steady
Rates could soon resume their upward trajectory as inflation picks up
Adnoc to make the first bid for Wataniya
Strategics reportedly want at least 20% of Wataniya, Safi
Unemployment steady in 1Q 2023
More people are in work or looking for work than last quarter
Residency-for-investment
Foreign investors will now get year-long residencies while setting up their businesses