Economic uncertainty sent fundraising by venture-capital firms plunging to a nine-year low in the fourth quarter of 2022, the Wall Street Journal reports, citing data from investment data company Preqin. VCs raised USD 20.6 bn in new funds during the October-December period, down 65% y-o-y — the lowest fourth-quarter total since 2013. What happened? Years […]
Author Archives: enterpriseam admin
FEBRUARY 19 February-11 March (Sunday-Saturday): 2023 Africa U20 Cup of Nations, Egypt, various locations. 23-27 February (Thursday-Monday): Annual Business Women of Egypt’s Women for Success conference. 23 February (Thursday): Telecom Egypt to announce its 2022 results. 24-26 February (Friday-Sunday): The Egyptian Private Equity Association and the African Private Equity and Venture Capital Association are hosting […]
THIS EVENING: Egypt’s maiden sukuk issuance is coming + Putin gives nuclear warning
Happy hump day, ladies and gentlemen. The news flow is picking up this afternoon, with a solid selection of stories to track as we slide into the second half of the week. THE BIG STORY TODAY Egypt has pulled the trigger on its maiden sukuk issuance: The country is in the process of offering some […]
GCC takes on Hollywood + Russia spends bns on shadow tanker fleet
Hollywood is starting to open its arms to money from oil-rich Gulf countries, who are looking to invest bns in the entertainment industry, Lucas Shaw writes in Bloomberg.Film production companies had previously distanced themselves from Saudi Arabia, but resistance to funds from the kingdom is fading as traditional film financing sources such as Europe and […]
Quincy: Portrait of a musical icon
? ON THE TUBE TONIGHT-(all times CLT) Quincy takes us inside the mind of a legendary record producer. The life of Quincy Jones, one of the most successful music producers, is vividly portrayed in this Netflix documentary (watch trailer, runtime 2:35). Over the course of his 70-year career, Jones helped bring to life the work […]
Liverpool vs Real Madrid tonight
⚽ Liverpool vs Real Madrid kicks off at 10pm in the first leg of the UEFA Champions League Round of 16 at Anfield tonight. Liverpool's Premier League performance has been lackluster so far,but Jurgen Klopp's team has won their last two games, against Merseyside rivals Everton and Newcastle United. Meanwhile, some Real Madrid fans were […]
The master of silent film comes to life on stage this weekend
? OUT AND ABOUT-(all times CLT) Renowned musician Omar Khairat takes the stage tonight at 8pm in the Main Hall of the Cairo Opera House. Bringing the master of silent film to life on stage: Charlie is a musical play about the legendary Charlie Chaplin's human side, his hopes and hardships, and his impact on […]
Are we collectively becoming stupider?
? UNDER THE LAMPLIGHT- Are humans getting dumber? This question underpins The Psychology of Stupidity, a thoughtful collection of essays and interviews. The book investigates why smart people sometimes believe in nonsense, how the little thinking machines in our heads cause us to make bad decisions, and how media and internet overexposure can make us […]