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EFG Hermes led the EGX’s brokerage league table in January with a market share of 26.7%, according to EGX figures (pdf). Rounding out the top five were Commercial International Brokerage Company (9.7%), Pioneers (6.4%), Mubasher (5.9%),and Arabeya Online Securities Brokerage (4.9%).
Author Archives: enterpriseam admin
Posted inMoves
Tarek Yehia appointed head of IR at Beltone Financial
Beltone Financial Holding has appointed our friend Tarek Yehia (LinkedIn) as its new investor relations head, according to an EGX disclosure (pdf). Yehia was previously head of IR at EK Holding for over a year, following 12 years of IR work at Elsewedy Electric. He’s taking over at Beltone from Osama Rashad (LinkedIn).
Posted inLAST NIGHT’S TALK SHOWS
Madbouly’s big presser steals the show
The privatization program, a lifeline for real estate developers, and golden licenses to industry dominated the conversation on last night’s talk shows, as the pundits digested the torrent of news unleashed by Prime Minister Moustafa Madbouly at his post-cabinet meeting presser. We have the full story on all the PM’s policy announcements in the newswell, […]
Posted inEGYPT IN THE NEWS
How do you make a mummy? With a lot of imported materials
The exotic ingredients of ancient embalmers: Chemical analysis of containers found at an embalming workshop in Saqqara has for the first time revealed some of the ingredients that went into the ancient Egyptian mummification process. Published in the journal Nature, the Egyptian-German study based at the National Research Centre in Giza found that most of […]
Posted inUncategorized
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Posted inAlso on our Radar
Hassan Allam Construction is building Beko’s first Mideast factory here
MANUFACTURING- Hassan Allam Construction tapped to build Beko factory: Turkish retailer Beko has contracted our friends at Hassan Allam Construction to build its USD 100 mn home appliances factory here, according to a press release (pdf). Hassan Allam Construction will handle the civil, architectural, electrical and mechanical work on the 10th of Ramadan factory, which […]
Posted inPLANET FINANCE
OPEC+ maintains oil output as uncertainty clouds market outlook
OPEC+ keeps oil output steady: The OPEC oil cartel and its allies kept oil output unchanged in a virtual meeting yesterday, according to a statement, sticking to an agreed plan to cut production by 2 mn barrels per day through the end of 2023. The meeting lasted less than thirty minutes, OPEC+ sources reportedly told […]
Posted inMy Morning Routine
My Morning Routine: Karim Khorshed, co-founder and CEO, Cequens
Karim Khorshed, CEO and co-founder, Cequens Egypt: Each week, My Morning Routine looks at how a successful member of the community starts their day — and then throws in a couple of random business questions just for fun. Speaking to us this week is Karim Khorshed (LinkedIn), co-founder and CEO at communications platform provider Cequens. […]