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Commodities markets saw an influx of retail investors in 2022, lured by the outsized returns in a year that saw historic levels of volatility, the Financial Times reports. Daily average trading volumes in CME’s gold, crude, silver and copper micro contracts surged 93% y-o-y in 2022 — a year that saw USD 30 tn of […]
Author Archives: enterpriseam admin
Posted inAROUND THE WORLD
Dubai scraps alcohol sales tax, personal liquor license fees
More than a happy hour: Dubai rang in the new year by ending its 30% tax on alcohol sales and making it possible to obtain personal liquor licenses without charge in a bid to boost its status as the Gulf’s leading business and tourism hub. The move was announced in ads (here and here) by […]
Posted inCALENDAR
JANUARY January: EGX-listed companies and non-bank lenders will submit ESG reports for the first time. 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. 2 January (Monday): House back in session. 7 January […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: GB Lease stake sale to Chimera gets GB Auto board signoff + Misr Italia closes fresh securitized bond issuance
Good afternoon, ladies and gents. We’re just easing back into the flow of things on the first workday of the new year (and training our brains to write the correct year), but the news cycle here at home is already off to a strong start. THE BIG STORIES TODAY GB Auto approves GB Lease stake […]
Posted inFOR YOUR COMMUTE
CR7 is officially heading to Saudi + Elon Musk sets a new record for lost wealth
You’ll be soon hearing Siuuu blasting in Saudi Arabia: Portuguese football star Cristiano Ronaldo signed a contract with Saudi Arabia’s AlNassr FC until 2025, the Riyadh-based club announced in a statement. Ronaldo is joining the Saudi club after leaving Manchester United in November on the back of a controversial interview in which he criticized the […]
Posted inENTERPRISE RECOMMENDS
Treason: A binge-worthy espionage thriller series — despite the plot holes
? ON THE TUBE TONIGHT- (all times CLT) Netflix’s five-episode British espionage thriller series Treason is perfectly bingeable — if you turn a blind eye to its many plot holes. When the head of MI6 Sir Martin Angelis (Ciaran Hinds) is poisoned, deputy Adam Lawerence (Charlie Cox) becomes first in command. A true family man, […]
Posted inENTERPRISE RECOMMENDS
Eleventh round of the Egyptian League kicks off
⚽ Competition is heating up in the Enterprise Premier League Fantasy League, with 150 Enterprise readers competing for a prize. Join us for a chance to come out at the top of the league through this link or by entering this code: 8o4sut. English Premier League: Brentford faces off against Liverpool at 7:30pm. The Egyptian […]
Posted inENTERPRISE RECOMMENDS
Catch an exhibition of Sabry Mansour art + Listen to Ali Arafa’s upcoming EP
? OUT AND ABOUT- (all times CLT) Get an exclusive first look at Ali Arafa’s new upcoming EP at Room Art Space New Cairo at 9pm. Arafa and the band will also be performing covers of hit songs. Picasso Art Gallery is hosting the Selections 1996-2022 exhibition, showcasing Sabry Mansour’s art. The exhibition will run […]