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? OUT AND ABOUT- (all times CLT) Room Art Space Garden City is sparking the holiday spirit with a viewing of A ChristmasCarol at 9pm tonight. And across town, Saad Eloud and his band take the stage at Room Art Space New Cairo tonight at 9pm. Algerian folk music fans aka Raï fans rejoice: Raï-نا […]
Author Archives: enterpriseam admin
Posted inENTERPRISE RECOMMENDS
From a fun but unprofitable platform to the second-most visited website in the world
? UNDER THE LAMPLIGHT- Like, Comment, Subscribe documents the rise of YouTube: Bloomberg journalist Mark Bergen delves into the second-most visited website in the world behind Google, how it was created, its technology, and the key people behind its inception. The book follows the platform’s journey from its early days as a bizarre and fun […]
Posted inGO WITH THE FLOW
What the markets are doing on 19 December, 2022
The EGX30 fell 0.7% at today’s close on turnover of EGP 2.39 bn (57.9% above the 90-day average). International investors were net sellers. The index is up 23.3% YTD. In the green: Qalaa Holdings (+10.7%), Alexandria Containers and Cargo Handling (+9.2%) and Ezz Steel (+7.8%). In the red: Egypt Kuwait Holding - EGP (-4.6%), CIB […]
Posted inMacro picture
Small geographic landmass, but big economic contribution
More than half of the worldwide economic growth this century has been fueled by a few large cities that make up less than 1% of the global landmass, according to Pixels of Progress, a new McKinsey Global Institute report. The report takes a new approach at looking at development than similar past studies, dividing the […]
Posted inCALENDAR
DECEMBER 19-20 December (Monday-Tuesday): The Arab Administrative Development Organization’sconference on Modern Methods in Hospital Management, Cairo. 20 December (Tuesday): EGX-listed Pachin will brief shareholders on offers received to acquire the company in an ordinary general assembly. 22 December (Thursday): Central Bank of Egypt’s Monetary Policy Committee meeting. 25 December (Sunday): Senate back in session. 31 […]
Posted inWhat We're Tracking Today
THIS MORNING: Argentina win the World Cup + Gold exporters face new curbs as central bank moves on USD black market
There’s only one place to start this morning, folks: Last night’s World Cup final was one of the most entertaining we’ve ever seen. Six goals, multiple twists and reversals of fortunes, and a dramatic penalty shoot-out to decide the winner. The pre-game Messi v Mbappe build-up truly lived up to the hype, with the French […]
Posted inUncategorized
Somabay brings out the best in majestic natural elements where raw beauty and endless activities reign supreme. Immerse yourself into a picturesque getaway all year long. This is simply Somabay. For more information, call 16390 or visit www.somabay.com.
Posted inCommodities
A new task force will suggest fair prices for up to 15 strategic commodities
The Supply Ministry has set up a committee to determine the “fair price” of a number of foods classed as strategic commodities amid soaring inflation. Representatives from the Consumer Protection Agency, the Federation of Egyptian Industries, and the Federation of Egyptian Chambers of Commerce will decide prices for between 10 and 15 foods in a […]
Posted inDevelopment finance
EBRD lends USD 40 mn to Angel Yeast to up local production
The European Bank for Reconstruction and Development (EBRD) is lending USD 40 mn to the Egyptian branch of China-based yeast maker Angel Yeast. The loan will help the Shanghai-listed conglomerate to up local production of yeast products for export, helping Egypt “attract much-needed foreign direct investment (FDI) to the agribusiness sector,” the multilateral lender said […]