Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Hot-air balloon flights over Luxor have been temporarily suspended after a balloon was driven off course by strong winds on Thursday, Ahram Online reports. The balloon managed to land safely in a mountainous area; all 11 tourists onboard and the pilot left the balloon safely before being picked up by a military search and rescue […]
Author Archives: enterpriseam admin
Posted inThe Market Yesterday
The Market Yesterday
EGP / USD CBE market average: Buy 16.6475 | Sell 16.7475 EGP / USD at CIB: Buy 16.64 | Sell 16.74 EGP / USD at NBE: Buy 16.65 | Sell 16.75 EGX30 (Thursday): 14,043.42 (-0.63%) Turnover: EGP 685 mn (7% below the 90-day average) EGX 30 year-to-date: +7.7% THE MARKET ON THURSDAY: The EGX30 ended […]
Posted inCALENDAR
1H2019 (date TBD): Investment Minister Sahar Nasr will head a delegation of businessmen into Mexico City to explore cooperation avenues with the Latin American country. June: International Forum for small and medium enterprises (SMEs). June: Egypt will host the first economic forum for Union for the Mediterranean (UfM) countries to promote trade and investment in […]
Posted inWhat We're Tracking Today
What we’re tracking on 20 June 2018
Expect the FY2019-2020 budget debate to dominate the headlines next week. The House of Representatives general assembly will reconvene on Saturday to conclude debate of the FY2019-2020 budget before a vote. Pharos Holding’s annual investor conference (pdf) wraps up today in El Gouna. The two-day event brought together investors, IPO prospects and more than 40 […]
Posted inEnterprise+: Last Night’s Talk Shows
Egypt to compensate Nubians affected by Aswan Dam
El Sisi talks cooperation with Romanian counterpart: President Abdel Fattah El Sisi discussed strengthening economic and political ties with Romanian President Klaus Iohannis during his visit to Bucharest yesterday, Al Hayah Al Youm’s Khaled Abu Bakr noted (watch, runtime: 06:59). The Sisi administration is planning to provide in-kind compensation to Nubians who were impacted by […]
Posted inSpeed Round
ACCH finishes roadshow in Dubai and London ahead of share sale
Progress in state privatization program as opening legs of Alexandria Containers roadshow conclude: Advisers on the share sale by state-owned Alexandria Containers and Cargo Handling Company (ACCH) have concluded roadshows in Dubai and London as the company gears up for a secondary offering under the state privatization program, Al Mal reports, citing unnamed sources. EFG […]
Posted inSpeed Round
RIZ can expect to see 100 new agreements signed this year
INVESTMENT WATCH- Russia predicts 100 new agreements for RIZ this year: There is growing interest among Russian companies to set up shop in the USD 7 bn Russian Industrial Zone (RIZ), with the Russian Export Center (which is managing RIZ) expecting to see 100 new agreements signed this year, according to statements by the center […]
Posted inSpeed Round
It was a good week for tech startups
STARTUP WATCH- It was a good week for tech startups: Cairo Technology Week and the Seamless North Africa conference, which both took place this week, saw lots of startups (most of them early stage ventures) in the spotlight. Among the highlights: Paynas wins first prize at Seamless North Africa 2019: Egyptian fintech startup Paynas took […]
Posted inSpeed Round
House committee approves FY2019-2020 draft budget
LEGISLATION WATCH- House Budget committee approves FY2019-2020 draft budget: The House of Representatives Planning and Budget Committee has approved the draft budget for the FY2019-2020 fiscal year and referred it to the general assembly to set a date for a vote, MP Yasser Omar told the local press. The House will meet on Saturday for […]