The EGX30 rose 1.3% at today’s close on turnover of EGP 5.1 bn (2.0% above the 90-day average). Regional investors were the sole net sellers. The index is up 34.6% YTD. In the green: Egypt Aluminum (+4.9%), Arabian Cement (+4.8%), and Beltone Holding (+4.1%). In the red: Credit Agricole (-4.1%), Qalaa Holdings (-1.8%), and Juhayna […]
Author Archives: enterpriseam admin
?️ NOVEMBER 6-29 November (Thursday-Saturday): Comedy Gang Festival at Theatro Gallery. 11 November - 6 December (Tuesday-Saturday): Forever is Now at the Great Pyramids of Giza. 21-29 November (Friday-Saturday): Cairo Design Week. 24-30 November (Monday-Sunday): Pyramids Echo Festival at the Pyramids Panorama Theater. 27 November (Thursday): Sama AbulHadi at CJC 610. 27-30 November (Thursday-Sunday): Egypt’s […]
Eni to invest USD 8 bn in the local market over the coming years
Good morning, folks. It’s another relatively slow day on the home front as we inch closer to the weekend. Energy and manufacturing lead the news well after Italian energy giant Eni pledged USD 8 bn in fresh investments into the local market over the coming few years and tiremaker Prometeon Tyre Egypt announced plans to […]
ATP tennis returns to Egypt after 15 years: Somabay to host the Somabay Open – ATP Challenger 50 With the Somabay Open – ATP Challenger 50, Somabay once again steps into the spotlight of international tennis. From 17 to 23 November 2025, professional players from around the world will gather on Egypt’s Red Sea coast […]
CIT Minister Amr Talaat on the infrastructure push to power the country’s digital transformation -Part I
The CIT Ministry is working according to a long-term vision based on clear pillars — digitization, human development, and innovation
Prometeon to invest USD 400 mn to boost local production
The fresh funds will go towards boosting output and upgrading the company’s existing Alexandria plant
FinMin to inventory real estate assets ahead of property tax overhaul
The process will apply to units valued at more than EGP 4 mn or those with an annual rental value exceeding EGP 50k