? EAT THIS TONIGHT- By Del Sol Concepts brings exquisite South American coffee and artisanal bakery to Sheikh Zayed. The pet-friendly bakery offers a sweet and savory selection of its signature pastries, such as the delicious brioche muffins, artisan tarts, cruffins, and croissants. Everything is served fresh from the oven, ensuring that you indulge the […]
Author Archives: enterpriseam admin
Sennari House plays host to Naguib Mahfouz symposium + Dad jokes abound at Room New Cairo
? OUT AND ABOUT- (all times CLT) The Bibliotheca Alexandrina is organizing a public symposium on Nobel laureate and author Naguib Mahfouz tonight at 6pm, at the Sennari House. The event is hosted in partnership with the General Authority for Cultural Palaces. Puns for the whole family: Comedians are taking the stage tonight at Room […]
The Treachery of Images, in book form
? UNDER THE LAMPLIGHT- This Is Not A Book: A challenge to think outside the box. Written by author and artist Keri Smith, this book focuses on sparking creativity and altering readers’ sensory input to create. By the end of the book, readers essentially become a co-author and have the freedom to shape the book […]
Earnings watch: Abu Qir + Obour Land
EARNINGS WATCH- Abu Qir Fertilizers and Chemical Industries’ net income after tax rose to EGP 7.2 bn in 1H 2022-23, up 126% y-o-y, according to its earnings release (pdf). The company’s revenues also rose 80% y-o-y to EGP 11.2 bn. Obour Land’s bottomline rose 42% y-o-y to EGP 135.7 mn in 4Q 2022 on EGP […]
JANUARY January: Fuel pricing committee meets to decide quarterly fuel prices. January: Infinity + Africa Finance Corporation to close acquisition of Lekela Power. 26 January-6 February (Thursday-Monday): Cairo International Book Fair, Egypt International Exhibition Center. 30 January-1 February (Monday-Wednesday): CI Capital’s Annual MENA Investor Conference 2023, Cairo, Egypt. 31 January (Tuesday): The IMF will release […]
THIS MORNING: It’s a packed news day coming out of the long weekend
Good morning, wonderful people, and welcome back. We hope our Egypt-based readers made the best of the long weekend and are feeling energized as we head into the last week of January. Next stop: Ramadan. The holy month begins on or about Thursday, 23 March, meaning we have 52 days to go. Our next public […]
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CBE to hike interest rates this week -poll
The Central Bank of Egypt (CBE) is likely to hike interest rates when it meets on Thursday as inflation continues to run high, according to our interest rate poll. Four of the seven analysts and economists we surveyed see the Monetary Policy Committee raising rates later this week. Those predicting a hike are evenly split: […]
Economy to grow 4.8% this fiscal year -Reuters poll
The economy could grow more than the gov’t thinks this fiscal year: The economy will grow at a 4.8% clip in FY 2022-2023, according to a Reuters poll of economists. That’s down from 6.6% last year, but above government forecasts. The Madbouly government is currently predicting GDP growth to come in at 4.0% this year, […]