enterpriseam admin, Author at EnterpriseAM Egypt

What the markets are doing on 2 May, 2023

by enterpriseam adminEgypt Edition2 May 2023

The EGX30 fell 0.1% at today’s close on turnover of EGP 1.51 bn. Regional investors were net buyers. The index is up 18.5% YTD. In the green: Ibnsina Pharma (+4.7%), Abu Qir Fertilizers (+2.2%) and Egypt Kuwait Holding - EGP (+2.1%). In the red: Oriental Weavers (-4.2%), Palm Hills Development (-2.5%) and Taleem (-2.2%).

Founder of the Week

Meet our founder of the week: Khaled Attallah, cofounder and CEO of Ariika

by enterpriseam adminEgypt Edition2 May 2023

Ariika is a one-stop shop for everything home related

THE ENTERPRISE ENTERTAINMENT CALENDAR

by enterpriseam adminEgypt Edition2 May 2023

MAY 4 May (Thursday): National holiday in observance of Labor Day (TBC). 6-20 May (Saturday-Saturday): Film Society Festival for Egyptian Cinema. 12-15 May (Friday-Monday): Egypt Fashion Week. JUNE 10 June (Saturday): Thanaweya Amma examinations begin. 28 June-2 July (Wednesday-Sunday): Eid El Adha (TBC). 30 June (Friday): June 30 Revolution Day. JULY 18 July (Tuesday): Islamic […]

What We're Tracking Today

GEM to open its doors in November?

by enterpriseam adminEgypt Edition1 May 2023

PLUS: The prices of subsidized commodities are rising today

Advertiser

by enterpriseam adminEgypt Edition1 May 2023

Kokomo is now open at Somabay Red Sea: Indulge in our slow-cooking methods and natural wood smoke that brings the best out of each ingredient, resulting in dishes that are both tender and flavorful. From our smoked briskets to our paellas, every dish is a tribute to the timeless tradition of cooking over an open […]

Diplomacy

Japan is lending us c. USD 733 mn for Cairo Metro Line 4

by enterpriseam adminEgypt Edition1 May 2023

Fumio Kishida expressed interest in infrastructure + renewable energy investment

WAR WATCH

Warring Sudanese factions agree to extend ceasefire for 72 hours

by enterpriseam adminEgypt Edition1 May 2023

Sudan ceasefire extended for another 72 hours: The Sudanese armyand the Rapid Support Forces (RSF) militia have agreed to extend the ceasefire for another 72 hours to end Wednesday night, the two sides said in separate statements last night. The ceasefire aims to “open humanitarian corridors, facilitate movement for Sudanese and foreign nationals, and ensure […]