The Arab Organization for Industrialization (AOI) has signed an MoU with India’s Vehant Technologies to cooperate in improving security and surveillance systems in Egypt, according to a statement. The agreement will see Vehant transfer its technical know-how and help increase domestic production of security systems.
Author Archives: enterpriseam admin
E-marketing platform ArabClicks expands into Egypt
Dubai-based e-marketing platform ArabClicks has expanded into Egypt, according to a company press release published by Zawya. The Dubai-based company works with e-commerce companies, online content publishers, and social media personalities to bring in “revenue through online links without disturbing the website users,” said CEO Mauro Romano. Egypt is home to some 48 mn internet […]
Tazkarti launches platform for fans to book Africa Cup tickets in Egypt online
Online ticket-booking company Tazkarti has launched a platform for fans to secure seats at the upcoming Africa Cup of Nations matches, Ahram Online reports. Football enthusiasts will have to sign up for a fan ID to attend the tournament, which is slated to kick off this June. This will be the fifth time Egypt has […]
Egyptian musician Dina El Wedidi makes it onto Time’s list of next-gen leaders
We have a next-gen leader in our midst: Egyptian musician Dina El Wedidi has made it onto Time Magazine’s list of next generation leaders for her experimental compositions and socially-conscious lyrics. Former Al Jazeera English Cairo bureau chief Mohamed Fahmy has been tapped as the CEO of London-based The Investigative Journal, an online publication that […]
The Market Yesterday
EGP / USD CBE market average: Buy 16.99 | Sell 17.09 EGP / USD at CIB: Buy 16.97 | Sell 17.07 EGP / USD at NBE: Buy 16.98 | Sell 17.08 EGX30 (Sunday): 13,521 (-1.0%) Turnover: EGP 295 mn (63% below the 90-day average) EGX 30 year-to-date: +3.7% THE MARKET ON SUNDAY: The EGX30 ended […]
May: 50 Egyptian companies are set to visit Libya to discuss trade, investment and reconstruction. 23 May (Thursday): Central Bank of Egypt’s Monetary Policy Committee will meet to review interest rates. 27-28 May (Monday-Tuesday): UK International Trade Secretary Liam Fox will visit Egypt for meetings with senior officials on boosting bilateral trade and investments. 28 […]
What we’re tracking on 19 May 2019
Will the EGP break the psychologically important 17.00 barrier this week? The EGP continued to appreciate against the USD last week, reaching 17.0983 on Thursday from 17.1778 on Sunday, according to central bank data. The CBE’s buying price, meanwhile, slipped below EGP 17 on Wednesday. Analysts have suggested the EGP has strengthened this year on […]
Move along, ladies and gents. There’s nothing to see here until after Ramadan, when the talking heads return from their annual break.