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? UNDER THE LAMPLIGHT- Learn how The Great Air Race sparked the US commercial aviation industry: Written by journalist and pilot John Lancaster, this book documents the daring pilots who participated in a dangerous cross-country race to demonstrate how planes could join trains and boats as a useful transport option in post-war America. Over a […]
Author Archives: enterpriseam admin
Posted inGO WITH THE FLOW
What the markets are doing on 28 December, 2022
The EGX30 rose 0.6% at today’s close on turnover of EGP 1.2 bn (22.6% below the 90-day average). Local investors were net buyers. The index is up 22% YTD. In the green: AMOC (+3.8%), Ibnsina Pharma (+3.4%) and Talaat Moustafa Holding (+3.1%). In the red: Palm Hills Development (-0.5%), GB Auto (-0.2%) and CIB (-0.2%).
Posted inFILM
Will Avatar 2 revive a lagging 3D cinema box office?
Does 3D cinema still have a shot? Despite the decline of ticket sales, James Cameron spent close to half a bn USD and over a decade of time in the 3D sphere with the newly released Avatar: The Way of Water. The long-awaited sequel to the highest-grossing movie of all time (with nearly USD 3 […]
Posted inCALENDAR
DECEMBER 31 December (Saturday): E-invoicing registration deadline. December: Egypt to expand Sudan electricity link capacity to 300 MW. JANUARY 2023 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 […]
Posted inWhat We're Tracking Today
THIS MORNING: See you next year, folks
And that’s a wrap on 2022, ladies and gents: Today is the final time you’ll hear from us this year. EnterpriseAM and EnterprisePM will be off this Thursday, 29 December and Sunday, 1 January, before returning to our publishing schedule from Monday, 2 January. We wish you all a wonderful start to the new year. […]
Posted inUncategorized
31 December: Disco Mania, a new commercial concept at Somabay Theater: Somabay always ends the year in the absolute best way possible. Our new year’s weekend is bound to be explosive this year. We’ve come up with some of your favorite concepts over the past years and we’re back for a whole new commercial concept […]
Posted inEnergy
Oil Ministry launches new oil + gas tender
Oil Ministry kicks off fresh oil + gas tender: State-owned Egyptian Natural Gas Holding Company has launched an international oil and gas tender for 12 exploration blocks in the Mediterranean and Nile Delta, according to an Oil Ministry statement. The tender, which concludes on 30 April, 2023 at 12pm, includes six onshore blocks and another […]
Posted inREGULATION WATCH
FRA eases borrowing limits on home loans
The FRA is easing credit limits for homebuyers: The Financial Regulatory Authority has loosened income requirements for mortgage lenders in a move designed to boost lending and help people purchase homes amid rising house prices. In a statement yesterday, the regulator said that it had raised the income / installment ratio to 50% from 35-40% […]
Posted inInvestment Watch
TCI Sanmar to invest at least USD 160 mn in new loading terminal in Egypt
Indian industrial chemical manufacturer TCI Sanmar plans to invest an initial USD 160 mn to set up a loading terminal near Port Said to import ethylene, a source close to the matter told Enterprise, confirming a report from Zawya. The terminal, which will be financed both through bank loans and self-financing, will take two years […]