? OUT AND ABOUT- (all times CLT) Singer, songwriter and composer Rania Shalaan takes the stage at Room Art Space tonight at 9pm. Get ready for a night of standup comedy followed by football at ChezNouVilla: Comedians Pola Samuel, Gamal Ramzy, Walid Khairy serve up their funniest punchlines starting at 7pm before the screening of […]
Author Archives: enterpriseam admin
Imagining a refugee crisis born out of America
? UNDER THE LAMPLIGHT- 2 A.M. in Little America imagines a future where Americans are forced to flee the US and become unwelcome refugees. In Ken Kalfus’ imagined future, the second American civil war has already taken place and Americans have become the new biggest group of refugees forced to seek shelter beyond US borders. […]
What the markets are doing on 14 December, 2022
The EGX30 rose 1.5% at today’s close on turnover of EGP 3.86 bn (167% above the 90-day average). Local investors were net buyers. The index is up 28.7% YTD. In the green: GB Auto (+9.6%), Ezz Steel (+6.9%) and Oriental Weavers (+6.6%). In the red: Eastern Company (-4.0%), Sidi Kerir Petrochemicals (-3.0%) and Abu Qir […]
Say hello to 2023’s Color of the Year: Viva Magenta
Audacious, full of wit, inclusive, and empowering: That’s the Pantone ColorInstitute’s (PCI) description of Viva Magenta, 2023’s Color of the Year. Generated by a data-fed AI program fuelled by PCI’s color anthologists’ trend analysis, the pinkish-purplish-reddish tone is “an unconventional shade for an unconventional time.” The color reflects the state of global culture at a […]
NOVEMBER 20 November-18 December (Sunday-Sunday): 2022 Fifa World Cup, Qatar. DECEMBER 13-14 December (Tuesday-Wednesday): Federal Reserve interest rate meeting. 13-15 December (Tuesday-Thursday): US-Africa Leaders Summit. 15 December (Thursday): European Central Bank monetary policy meeting. 16 December (Friday): IMF executive board to discuss Egypt’s EFF request. 19-20 December (Monday-Tuesday): The Arab Administrative Development Organization’sconference on Modern […]
THIS MORNING: It’s Fed day + A big day for Moroccan (and Arab) football
Good morning, friends, and welcome to another busy news day. There’s no rest for the wicked as we look at a flood of M&A and FX news, Fed day in the US of A, and speculation that the Central Bank of Egypt could go for a snap interest rate hike ahead of the IMF’s planned […]
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Vodacom is officially Vodafone Egypt’s majority shareholder
South Africa’s Vodacom now owns the lion’s share of Vodafone Egypt: Vodafone Group has transferred its 55% stake in its Egyptian unit to its South African subsidiary Vodacom in a EUR 2.37 bn cash and stock transaction, it said in a statement yesterday. The British company received 242 mn shares in Vodacom and EUR 577 […]
Appetito + Jumlaty merge to become Nomu
Appetito + Jumlaty tie up: Cairo-based grocery delivery startup Appetito and Saudi Arabia’s Jumlaty have merged to form a new company called Nomu in that they say is a bid to become the region’s leading food-tech supply chain platform, according to a joint statement out yesterday. Neither party released details about the merger, what triggered […]