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Posted inWHAT WE’RE TRACKING TONIGHT

THIS EVENING: Safi + Wataniya are each selling 10% stakes + US inflation accelerates as Fed grapples with SVB

Happy hump day, wonderful people. The steady newsflow we’ve grown accustomed to over the past couple of weeks is still holding up as we hit the midweek mark. THE BIG STORY TODAY Safi + Wataniya are each seeing 10% stake sales: The Madbouly government is reportedly planning to sell a minimum of 10% in each […]

Posted inFOR YOUR COMMUTE

All those unnecessary meetings are costing your company a lot of money + How to encourage innovation in the workplace

Your boss probably agrees: You and your team are spending way more time than is necessary in meetings. An average of 25 hours of executives’ work weeks are dedicated to meetings — around half of which end with no real outcome or benefit, Bloomberg reports, citing a study by research consortium Future Forum. Leaders tend […]

Posted inGO WITH THE FLOW

What the markets are doing on 14 March, 2023

The EGX30 fell 0.5% at today’s close on turnover of EGP 1.2 bn (41.7% below the 90-day average). Foreign investors were net sellers. The index is up 5.2% YTD. In the green: Heliopolis Housing and Development (+3.6%), Qalaa Holdings (+3.3%) and Credit Agricole Egypt (+2.8%). In the red: Cleopatra Hospitals Group (-2.8%), Telecom Egypt (-2.5%) […]

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