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CAPITAL MARKETS- Minority shareholders in Vodafone Egypt will have another two days to decide whether to sell shares to Vodacom after the EGX extended the subscription period by two days to tomorrow, 17 January due to national holidays. Vodacom — the South African subsidiary of Vodafone Group — made an offer to purchase 0.05% of […]
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
EU sanctions to redraw global diesel markets + US still headed for recession despite slower inflation -WSJ poll
New European sanctions are about to hit Russian oil products — but expect major re-routing rather than major re-pricing on diesel: After banning shipments on seaborne Russian crude in December, the EU a will ratchet up the pressure on Moscow from 5 February with a ban on refined Russian fuel imports — key among them […]
Posted inDiplomacy
Chinese FM tells Shoukry Beijing has appetite for Egyptian infrastructure projects
Chinese Foreign Minister Qin Gang met with President Abdel Fattah El Sisi and Foreign Minister Sameh Shoukry yesterday, according to an Ittihadiya statement, on the final stop of an African tour that also saw the newly appointed Qin visit Ethiopia, Gabon, Angola, and Benin. Qin met separately with Arab League Secretary-General Ahmed Aboul Gheit, according […]
Posted inCALENDAR
JANUARY January: Fuel pricing committee meets to decide quarterly fuel prices. January: Infinity + Africa Finance Corporation to close acquisition of Lekela Power. January: Global Auto to restart BMW assembly in Egypt. 16 January (Monday): Tourism Minister Ahmed Issa to speak at AmCham monthly luncheon. 16-20 January (Monday-Friday): Davos 2023. 25 January-6 February (Wednesday-Monday): Cairo […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: Eni strikes gas in EastMed
Good afternoon, wonderful people. We have a (so-far) slow start to the week, but we’re expecting the pace to pick up significantly as everyone shakes off the weekend grogginess. THE BIG STORY TODAY Eni strikes gas in EastMed: Italy’s Eni has made a new gas discovery in its Nargis-1 offshore exploration well in the Eastern […]
Posted inFOR YOUR COMMUTE
We all want it, but unlimited time off actually backfires sometimes + The perils of dramatizing historical events
At face value, unlimited paid time off (UPTO) seems like an attractive enticement for employees, but in practice these policies may be more of a hindrance. Microsoft is the latest in a growing list of companies to input UPTO policies in order to attract new talent, joining the ranks of Adobe, Netflix and Goldman Sachs, […]
Posted inENTERPRISE RECOMMENDS
Peace Cake’s Emsek Nafsak: You laugh, you lose
? ON THE TUBE TONIGHT- (all times CLT) Emsek Nafsak, a show from content creation company Peace Cake, is out with one of its biggest episodes to date: In its latest episode released yesterday, Emsek Nafsak brought together 13 of Egypt’s biggest names in standup comedy, and put them in teams to try and make […]
Posted inENTERPRISE RECOMMENDS
Tune in to Egypt v Morocco at the Handball World Cup tonight
⚽ In the first round of the Handball World Cup: Egypt will face Morocco in its second match tonight at 7pm. The Egyptian national team leads the group, ahead of the US, on goal difference, after Egypt beat Croatia and the US trumped Morocco. The top three teams from each group will qualify directly to […]