AUGUST 28 August (Thursday): Monetary Policy Committee meeting. Mid-August: Launch of electronic platform to register Old Rent Law tenants. Tourism Development Authority to waive late payment penalties for land purchases if full installments are paid Late-August: Deadline for cement factories to restart production. SEPTEMBER 8-11 September (Monday-Thursday): EFG Hermes London Conference takes place in the […]
Author Archives: enterpriseam admin
Arabia Developments to invest up to EGP 30 bn in hospitality sector
Good afternoon, friends, and welcome to the start of another workweek. As is usually the case with Sundays, it seems the news cycle is still getting some much needed rest. THE BIG STORY TODAY- Arabia Developments will invest up to EGP 30 bn to build 2k hotel rooms and serviced apartments at its Sun Capital […]
AI sneaks its way into YouTube
AI-infused social media seems to have reached unnerving levels as viewers on the platform notice signs of AI enhancement in the videos they watch
My Oxford Year isn’t your average romcom
At its core, My Oxford Year offers a valuable lesson: dreams must be chased before it's too late
Intense face-offs across major leagues
⚽ Real Madrid will be paying the newly-promoted Real Oviedo a visit in the second round of La Liga at the Estadio Carlos Tartiere at 10:30pm. The Whites kicked off the season quietly following a tough 1-0 victory against Osasuna in the opening round, and have their eyes set on their first away victory tonight […]
Head to Kiki’s Sage for Wegz’ upcoming album launch party
MARK YOUR CALENDAR- ? Calling all Wegz superfans: The chart-topper is launching his newest album at Kiki’s Sage in Hacienda Heneish. Don’t miss out on this special live performance from the rap artist on Friday, 29 August. Book your tickets on Kiki’s Sage’s website. HAPPENING THIS WEEK- Jordanian band Jadal is bringing pop rock to […]
What the markets are doing on 24 August 2025
The EGX30 rose 0.5% at today’s close on turnover of EGP 3.8 bn (28.1% below the 90-day average). Local investors were the sole net buyers. The index is up 20.4% YTD. In the green: Misr Cement (+9.0%), Eastern Company (+3.7%), and Egypt Kuwait Holding -EGP (+2.7%). In the red: Orascom Development (-1.5%), ADIB (-1.5%), and […]