How money changed the English Premier League: Over past decades the English Premier League (EPL) has grown to become the most lucrative football league in the world, raking in bns from international media rights, but that wasn’t always the case. This podcast put together by The Guardian explores how Europe’s most competitive league acquired its […]
Author Archives: enterpriseam admin
Delta Sugar beet output increases to 1.4 mn tonnes
Delta Sugar has upped its sugar beet production to 1.4 mn tonnesfor the current season as compared to 1.2 mn tonnes in the previous season, Chairman Ahmed Abul Yazeed said in a statement cited by Reuters.
Egypt’s tourist arrivals reach 11.3 mn in 2018
Tourist arrivals in Egypt reached 11.3 mn visitors last year, up from 8.3 mn in 2017, a World Tourism Organization official said, according to the local press. European tourists accounted for the majority of the visitors, with 1.7 mn German tourists leading the charge. A considerable number of visits also came from Ukraine, Britain, Italy, […]
Mohamed Zaki, Mohamed Farid meet CentCom boss
Defense Minister Mohamed Zaki and Chief of Staff Mohamed Farid met in Cairo yesterday with US Central Command boss Joseph Votel to discuss security cooperation and coordination between the two countries, according to an Armed Forces statement.
Ismaily SC reinstated in Egyptian Champions League
Egyptian football club Ismaily SC has been reinstated in the Egyptian Champions League by the Confederation for African Football following a decision by the appeals board, reports GhanaWeb. The club was expelled from the competition due to crowd disturbances during their second round match against Tunisian Club Africain.
How to survive Valentine’s Day in Egypt? With music.
How to survive Valentine’s Day? With music. If, like us, you do your best to avoid the deluge of paper hearts and red teddy bears that appear at this time of year, this weekend has a selection of live music taking place throughout the city. French pianist Richard Clayderman is playing a selection of melodies […]
Egyptian youth lead initiative to remove trash from Nile banks
Hundreds of young Egyptians donned boots and gloves to pick up trash from the Nile’s banks in Cairo,according to Reuters. The good samaritans participating in the “Youth for the Nile” program, which hopes to raise awareness about pollution, have similar clean-ups scheduled across the country for the rest of the year.
The Market Yesterday
EGP / USD CBE market average: Buy 17.56 | Sell 17.66 EGP / USD at CIB: Buy 17.55 | Sell 17.65 EGP / USD at NBE: Buy 17.55 | Sell 17.65 EGX30 (Monday): 14,785 (+0.1%) Turnover: EGP 928 mn (7% above the 90-day average) EGX 30 year-to-date: +13.4% THE MARKET ON MONDAY: The EGX30 ended […]
11-13 February (Monday-Wednesday): Renaissance Capital Egypt Investor Trip, Cairo. 11-13 February (Monday-Wednesday): Egypt Petroleum Show, Egyptian International Exhibition Center, Cairo. 14 February (Thursday): Central Bank of Egypt’s monetary policy committee meets to review interest rate. 19 February (Tuesday): Cairo Economic Court to deliver decision on pharma distributors appeal, Egypt. 19-20 February (Tuesday-Wednesday): The Solar Show […]
What we’re tracking on 11 February 2019
It is shaping up to be a busy day here in the nation’s capital, ladies and gents. The Central Bank of Egypt will auction USD 1 bn worth of one-year USD-denominated T-bills today. The auction comes about one month after the CBE sold USD 854 mn in USD-denominated bills at an average yield of 3.797%. […]