Egyptian modern pentathlon gold medalist Ahmed El Gendy was named the Union Internationale de Pentathlon Moderne (UIPM) Best Junior Athlete in 2019 for the second consecutive year, according to Ahram Online. He snatched two gold medals earlier this year at a world cup held in Egypt, and brought home a gold medal at the Buenos […]
Author Archives: enterpriseam admin
Egypt’s El Tayeb, Shorbagy defeat compatriots to claim squash world titles
Egyptian world number five squash player Nour El Tayeb and world number two Mohamed El Shorbagy claimed the JPMorgan China Squash Open world titles after each defeating compatriots Raneem El Welily and Ali Farag, both of whom are the number one squash players in the world, according to PSA World Tour. El Tayeb edged over […]
Salah nominated for Fifa FIFPro World11 award
Mohamed Salah has been named among the 55 players nominated for the 2019 Fifa FIFPro World11 award. Salah was joint-top scorer in the Premier League last season with 22 goals, and helped Liverpool to win their first Champions League title since 2005.
Gov’t finds new uses for rice straw in bid to reduce air pollution
Govt’ finds new uses for rice straw to reduce air pollution: The Environment Ministry has collected 1.9k tonnes of rice straw this year in a bid to prevent farmers from burning the crop and causing pollution, Egypt Today reports. The straw will be used as fertilizer and animal fodder, as well as in manufacturing and […]
The Market Yesterday
EGP / USD CBE market average: Buy 16.41 | Sell 16.52 EGP / USD at CIB: Buy 16.42 | Sell 16.52 EGP / USD at NBE: Buy 16.44 | Sell 16.54 EGX30 (Sunday): 14,931 (0.00%) Turnover: EGP 479 mn (22% below the 90-day average) EGX 30 year-to-date: +14.5% THE MARKET ON SUNDAY: The EGX30 ended […]
September: Cairo will host an Egypt-Hungary business forum, according to a Trade Ministry statement (pdf). 9 September (Monday): Japan Arab Economic Forum, Nile Ritz Carlton, Cairo. 9 September (Monday): The Euromoney Egypt Conference 2019, Cairo. 9-12 September (Monday-Thursday): The9th Annual EFG Hermes London Conference, Arsenal Emirates Stadium, London. 9-12 September (Sunday-Wednesday): Sahara Expo, Egypt International […]
What we’re tracking on 8 September 2019
It’s a relatively quiet news morning today with no single story dominating the headlines here at home or abroad. Inflation figures for August are out this week: The Central Bank of Egypt and Capmas will release the monthly inflation figures in the coming days. Inflation fell unexpectedly to a four-year low of 8.7% in July. […]
Gold price fluctuation, national projects, tourism occupy Egypt’s talking heads
There was not much of significance happening on the airwaves last night. Alongside the talking heads’ ongoing fixation on fluctuating gold prices, national projects and our ancient relics were the order of the day. Gold futures continued to fall for two consecutive days, dropping as much as USD 50 on Friday alone, said head of […]
More holdups for Israel’s gas exports to Egypt?
More holdups for Israel’s gas exports to Egypt? A USD 1 bn lawsuit brought against the government by Thai state-owned energy company PTT Energy for allegedly failing to meet gas deliveries to Egyptian Mediterranean Gas (EMG) after 2011 could threaten to further delay exports of Israeli gas to Egypt, Jared Malsin writes for the Wall […]