Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
EFG Hermes topped the EGX’s brokerage league table for August with a market share of 47.9%, according to figures released by the EGX (pdf). CI Capital came in second with a 6.7% market share, followed by Beltone Financial (5.5%), Pharos Securities (2.9%), Arqaam Securities (2.7%) and Naeem Brokerage (2.2%).
Author Archives: enterpriseam admin
Posted inSpeed Round
Egypt, Kuwait sign judicial MoU
Egypt, Kuwait sign judicial MoU: Attorney General Nabil Sadek signed with his Kuwaiti counterpart Dherar Al-Asousi an MoU to ensure “the exchange of information between both prosecutions, the judicial delegations, and judicial assistance which comes in accordance with diplomatic channels," according to Al Rai. The Kuwaiti government recently handed over a Muslim Brotherhood cell to […]
Posted inSpeed Round
** WE’RE HIRING: We’re looking for smart, talented, quirky people to join our team and help us make both the product you’re reading now and some exciting new stuff. We’re particularly interested in: Journalists with print, audio and / or video skills — both editors and reporters (for both our English and our Arabic editions); […]
Posted inUncategorized
** SHARE ENTERPRISE WITH A FRIEND ** Enterprise is available without charge — just visit our English or Arabic subscription page, depending on which edition you would like to receive. We give you just about everything you need to know about Egypt, in your inbox Sunday through Thursday before 7am CLT (8am for Arabic), and […]
Posted inTHE MACRO PICTURE
Egypt’s inverted yield curve
Egypt’s inverted yield curve: The financial press last month was awash with commentary on the brief inversions of the 2-year 10-year US treasury yield curve. Here in Egypt, the yield curve has been inverted since the EGP float in November 2016. But in contrast to the prophecies of doom we’ve come to expect in the […]
Posted inEGYPT IN THE NEWS
Egypt in the News on 2 September 2019
Gov’t investment in Sinai shows “genuine intent” for development plans despite security threats: The government’s plan to invest EGP 5.23 bn this year in developing Sinai is facing “challenges” due to the security situation in the peninsula, according to Al-Monitor. Sinai locals tell the outlet that development work is already underway there, but security conditions […]
Posted inWorth reading
Remittances are outpacing FDI and foreign aid as developing countries’ biggest source of foreign capital
Remittances are officially set to outpace FDI, aid, and private capital flows as the biggest source of foreign capital in developing countries this year, the Financial Times says. As FDI levels from advanced economies is dipping, economists expect the reliance on remittances to remain strong, and continue serving as a “lifeline” for developing economies. “Remittances […]
Posted inWorth watching
National Geographic museum in Washington DC displays Cleopatra’s perfume
You can now smell Ancient Egypt: The National Geographic Museum in Washington, DC is displaying the Mandzian fragrance of Queen Cleopatra, after scientists found a sticky substance in the Tel Tamai area near Cairo, and recreated it using ancient manuscripts, according to this BBC clip (watch, runtime: 02:10).
Posted inDiplomacy + Foreign Trade
96 Egyptian companies look to sign new export contracts during German food fair
Ninety-six Egyptian food and agriculture companies are hoping to sign new export contracts with European businesses during the Anuga food fair in Cologne next month, Edita Chairman Hani Berzi tells Al Shorouk. Germany imported products worth some USD 70 mn from Egypt in 2018, a 20% increase from the previous year, Berzi said.
Posted inEnergy
Egypt Kuwait Holding’s NSCO begins production from second North Sinai well
Egypt Kuwait Holding’s (EKH) NSCO Investments started production from its second North Sinai natural gas well on 29 August with an output of 20 mcf/d, the company said in a press release (pdf). The new well brings the company’s total production to 75 mcf/d, a 200% increase compared to the first six months of 2019. […]