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MARCH 8-18 March (Wednesday-Saturday): Cirque du Soleil’s OVO, Cairo international Stadium Hall. 14-17 March (Tuesday-Friday): TISSOT UCI Track Nations Cup, Cairo International Stadium. 15 March (Wednesday): Season 3 of Ted Lasso will be out on Apple TV. 17-18 March (Friday-Saturday): K-Festival at EGYcon X, Family Park, New Cairo. 17-18 March (Friday-Saturday): My Beloved, Rawabet Art […]
Author Archives: enterpriseam admin
Posted inWhat We're Tracking Today
THIS MORNING: EGX falls more than 3% in biggest single-day loss since January
Good morning, wonderful people. We have 10 days to go until Ramadan — are you ready? Hang your lanterns and prep your iftar menu: Thursday,23 March will be the first day of Ramadan, according to the National Research Institute of Astronomy and Geophysics. EGX WATCH- Shares on the EGX saw their biggest single-day loss since […]
Posted inAdvertiser
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Posted inStartup watch
US to bail out SVB depositors, hand emergency loans to banks to avert financial crisis
All depositors will receive their money on Monday, regulators say.
Posted inPrivatization
Safi + Wataniya prepare for offering
The adviser working on the offering is unknown.
Posted inInvestment Watch
Metito + BII launch investment platform to tackle water insecurity in Africa
Metito and BII will split financing 60:40, with Metito contributing the larger share.
Posted inSpotlight
The signs investors are looking for — a conversation with Simon Kitchen, managing director and head of strategy at EFG Hermes Research
Coffee With: Simon Kitchen, managing director and head of strategy at EFG Hermes Research. Simon Kitchen (LinkedIn) leads on strategy, economics, and index-related research in the MENA region for our friends at EFG Hermes Research. He’s also responsible for the bank’s MENA top 20 portfolio. Simon joined EFG Hermes in 2007 and has more than […]
Posted inCapital markets
A new lending pool to resuscitate short selling?
Futures market could launch later this year.
Posted inEARNINGS WATCH
Raya CX earnings nearly double in 2022
Raya Customer Experience’s (Raya CX) net income rose 93% y-o-y to EGP 42.2 mn in 2022, according to its latest earnings release (pdf). The company’s top line grew 54% to EGP 1.2 bn during the year. “The currency devaluation presented an upside to our topline, however, organic growth accounted for c. 65% of the achieved […]
Posted inMoves
GAFi has three new deputies
Three new appointments to GAFI: Prime Minister Moustafa Madbouly has appointed three deputies to the CEO of the General Authority for Investment and Freezones (GAFI), Hossam Haiba (LinkedIn), according to a cabinet statement. Ahmed Shireen Korayem (LinkedIn) takes the position of deputy for investment promotion. Korayem has held positions as the chairman of the Egyptian […]