Are the 2020s set to be the decade of emerging markets? Morgan Stanley Investment Management last week said it is pulling money out of the US stock market and putting it into equities in developing economies. “Every decade, there is a new leader in the market. In the 2010s, it was US stocks and mega-cap […]
Author Archives: enterpriseam admin
El Sisi talks investment, defense, food security with India’s Modi before heading to Azerbaijan
El Sisi in New Delhi: President Abdel Fattah El Sisi held wide-ranging talks with Indian Prime Minister Narendra Modi during his visit to India last week. The two leaders agreed to strengthen defense and security ties, work closer on health and food security, and deepen cooperation on science and tech, according to a joint statement […]
Sudan says it is “aligned and in agreement” with Ethiopia on GERD
Sudan + Ethiopia align on GERD? Sudan and Ethiopia are “aligned and in agreement” over Addis Ababa’s Grand Ethiopian Renaissance Dam (GERD), Sudan’s de facto leader Abdel Fattah Al Burhan said Friday following talks with Ethiopian Prime Minister Abiy Ahmed in Khartoum, according to a statement picked by AFP. “Burhan emphasized... that Sudan and Ethiopia […]
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 EVENING: El Sisi signs MoUs with India’s Modi, pitches Indian business on investments in Egypt + Happy long weekend, everyone
Good afternoon, friends. We’re just a few short hours away from the long weekend here in Egypt — we hope those of you getting time off enjoy it, considering we won’t get another holiday for a while. THE BIG STORY TODAY El Sisi signs cooperation MoUs with India during New Delhi trip: President Abdel Fattah […]
Microsoft services had a meltdown this morning, but they’re fixed now + Ad spending on Twitter plunged last month
Get back to work: Microsoft has fixed networking issues that took down Microsoft Outlook and Teams for users around the world, Bloomberg reports. Microsoft experienced issues with its online services today, including Teams, Outlook, and its cloud platform Azure, which the company attributed to a networking outage. “We've rolled back a network change that we […]
Continuing the commentary on obscene wealth — with a side of sweet revenge
? ON THE TUBE TONIGHT- (all times CLT) Dark comedy horror film The Menu serves up some sweet revenge: Succession director Mark Mylod keeps his commentary on the obscenely wealthy running with his latest project, which spotlights the ostentatious world of fine dining. The film follows a group of guests, including three finance bros, a […]
Egypt v Sweden in World Handball QFs + A long weekend means a long list of football matches
? The Pharaohs face Sweden tonight in the quarter-finals of the World Handball Championship at 9:30pm. Egypt qualified for the quarter-finals after coming in second in its group, one point behind Denmark. ⚽ There are quite a few matches to tune into this weekend, across several leagues. Carabao Cup: Nottingham Forest faces Manchester United in […]