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COMMODITIES- State grain buyer GASC reportedly purchased 80k tons of Russian wheat at USD 339 per ton for shipment in the first half of February on a cost and freight basis, traders told Reuters. It’s not final: Some traders believe that the purchase may require the World Bank’s approval seeing as it will be paying […]
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
Russia to ban oil sales to countries that implement the G7 price cap from February
Russia responds to the G7 price cap: Russia will ban oil sales to countries that impose the G7’s price cap from 1 February, the Kremlin announced yesterday in a move that could trigger further volatility in global energy markets in the months ahead. It could have been worse: The ban will apply “to all stages […]
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 TONIGHT
THIS EVENING: EGAS launches oil and gas exploration tender + Banks and the bourse will be off on New Year’s Day
Happy hump day, friends. We’re nearly at the end of the business week, the month, and the whole year — and the news cycle is starting to take its cue. PSA- Banks will be off on Sunday, 1 January to mark the end of their fiscal year and will be returning to work on Monday, […]
Posted inFOR YOUR COMMUTE
Has the NFT bubble permanently burst? + Meta isn’t saying goodbye to AR just yet, despite losses
With the NFT market on life support, creators are pivoting to real-world assets to stay afloat: The market for non-fungible tokens (NFTs) has been plummeting since April amid a broader sell-off of crypto made worse by the collapse of major crypto exchange FTX, the Financial Times reports. Sales of NFTs fell 87% since March of […]
Posted inENTERPRISE RECOMMENDS
Emily in Paris is back with an explosion of color and high jinks
? ON THE TUBE TONIGHT- (all times CLT) Watching Emily in Paris has become a Christmas tradition: The popular kitsch Netflix streamer is back for a third season, just in time for Christmas vacation. The show resumes where it left off with Emily juggling her many love interests and at a crossroads career-wise. Fans will […]
Posted inENTERPRISE RECOMMENDS
Tune in to the Egyptian League and English Premier League
⚽ The Egyptian League and the English Premier Leagues have games going today, so take your pick. The 10th week of the Egyptian League kicks off with Pyramids playing against Al-Ittihad Alexandria today at 5pm. Meanwhile, the 7th week of the English Premier League continues today as Chelsea faces off against Bournemouth at 7:30pm, and […]
Posted inENTERPRISE RECOMMENDS
Frank Sinatra tunes in New Cairo + Hip hop night at Cairo Jazz Club
? OUT AND ABOUT- (all times CLT) Catch The Sinatras Christmas Night ft. Lynn Hisham at Room Art Space New Cairo tonight at 9pm. They’re hosting an incredible lineup playing the best winter jazz beats and Frank Sinatra tracks. Head to Cairo Jazz Club in Agouza tonight at 8pm to enjoy hip hop tracks with […]