Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Egyptian squash player Tarek Momen won last week’s CGI JSW Indian Squash Circuit in Mumbai. Momen, who is currently ranked world’s number four, was announced champion after beating compatriot Fares Dessouky.
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
University student expelled for hugging fiancé can appeal decision
Expect a public black eye over this one any second now: A female student was expelled from Al Azhar University after a video — showing her hug her fiancé after he kneeled down with a flower bouquet in an apparent gesture to propose — went viral. The student can appeal the decision, the university’s spokesperson […]
Posted inON YOUR WAY OUT
High-tech Egyptian movie to screen in Pakistani cinemas
High-tech Egyptian movie ‘122’ to screen in Pakistani cinemas: ‘122’, the first Egyptian film to use the 4DX motion picture technology (IMDb), is also set to become the first Egyptian film to screen in Pakistani cinemas, according to Al Bawaba. The action-thriller, which stars Ahmed Dawood, Tarek Lotfy, Amina Khalil and Ahmed El Fishawy, revolves […]
Posted inThe Market Yesterday
The Market Yesterday
EGP / USD CBE market average: Buy 17.87 | Sell 17.96 EGP / USD at CIB: Buy 17.89 | Sell 17.96 EGP / USD at NBE: Buy 17.79 | Sell 17.89 EGX30 (Sunday): 13,526 (+1.2%) Turnover: EGP 789 mn (1% below the 90-day average) EGX 30 year-to-date: +3.8% THE MARKET ON SUNDAY: The EGX30 ended […]
Posted inCALENDAR
13-16 January (Sunday-Wednesday): CI Capital’s third annual MENA Investor Conference, Four Seasons Nile Plaza, Cairo, Egypt. 17 January (Thursday): Talent in the Digital Era, Galleria40, Cairo, Egypt. 19 January (Saturday): Cairo Criminal Court scheduled hearing of Gamal and Alaa Mubarak’s stock market manipulation case. 20 January (Sunday): Cairo Court of Urgent Matters to hear an […]
Posted inWhat We're Tracking Today
What we’re tracking on 13 January 2019
You want to pack this morning with nasty weather in mind. Depending on who you want to believe, we’re looking at a cold (high of 16°C) and intermittently windy day that could bring with it a sand storm and / or rain. The 2019 investor conference season gets underway this morning for blue-chip Egyptian companies. […]
Posted inEnterprise+: Last Night’s Talk Shows
Another evening devoid of noteworthy business-related discussions on the airwaves
It was a mixed bag of nuts on the airwaves on another evening devoid of any noteworthy business or econ-related discussions. US Secretary of State Mike Pompeo’s speech in Cairo on Thursday was a reflection of the Trump administration’s “clear and straightforward” policies, Al Shorouk’s editor-in-chief Emad El Din Hussein said on Hona Al Asema […]
Posted inSpeed Round
Egypt inflation drops in December, falling within CBE’s year-end targets
Inflation drops in December, falling within CBE’s year-end targets: Annual headline inflation dropped to 12.0% in December, down from 15.7% the previous month, according to a statement from the central bank (pdf). Monthly headline inflation also dropped to -3.2%, down from -0.8% in November. Annual core inflation, meanwhile, which doesn’t include volatile goods such as […]
Posted inSpeed Round
Non-oil business activity in Egypt contracts for fourth consecutive month, but at a slower pace
Purchasing managers’ index rises in December to four-month high, remains in contraction range: Non-oil business activity in Egypt contracted for the fourth consecutive month in December, but at a slower pace than the previous two months, according to the Markit / Emirates NBD purchasing managers’ index (pdf). The PMI rose to 49.6 in December from […]