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Mohamed Salah was crowned the Standard Chartered Player of the Month for December, an award reserved for Liverpool’s top monthly asset. This came after he was named Africa’s top footballer for the second consecutive year, handed a special accolade from the Emirati royal family, and made Liverpool’s goal of the month scorer — all in […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Egyptian animal rights group release rare wolf back into the wild
Two Egyptian animal rights groups saved a rare Egyptian wild wolf from being trafficked through Facebook, according Ahram Online. The group purchased the animal for EGP 1,000 and released him back into the wild at Fayoum’s Wadi El Rayan.
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 (Thursday): 13,367 (0.0%) Turnover: EGP 1.0 bn (25% above the 90-day average) EGX 30 year-to-date: +2.5% THE MARKET ON THURSDAY: The EGX30 ended […]
Posted inCALENDAR
10-13 January (Thursday-Sunday): International Property Show (IPS), Egypt International Exhibition Center. 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. […]
Posted inWhat We're Tracking Today
What we’re tracking on 10 January, 2019
Can we begin by first saying how happy we are it is Thursday. We feel we still need one more weekend before the post-New Year’s break yawning dissipates. US Secretary of State Mike Pompeo arrived to Cairo last night. The word is out that Pompeo would use the visit to deliver an address that would […]
Posted inEnterprise+: Last Night’s Talk Shows
Slow night on the airwaves with no particular issue dominating
It was an economics-focused night on the airwaves last night. While not one particular issue dominated the discussion on the airwaves, we are thankful that Hona El Asema and Yahduth fi Masr was around to add color to recent econ news. The Standard Chartered report in focus: Al Hayah Al Youm discussed a Standard Chartered […]
Posted inSpeed Round
Egypt fastest growing startup market in MENA which raised USD 893 mn in 2018
Is Egypt the fastest growing startup market in MENA? Egypt is the fastest growing startup ecosystem and the second largest after the UAE, according to start-up platform MAGNiTT’s 2018 Mena Venture Investment Report — summary (pdf) and full report (paywall). Egypt’s share of total number of seed funding agreements grew by 7% y-o-y to USD […]
Posted inSpeed Round
World Bank sees Egypt growth accelerating 0.2% faster this year
World Bank sees Egypt growth accelerating 0.2% faster this year: The World Bank sees Egypt’s economic growth accelerating 0.2% faster in 2019 than originally anticipated in 2018, according to its Global Economic Prospects 2019: Darkening Skies report, which it released yesterday. Nonetheless, the World Bank maintained its forecast for Egypt’s economic growth this year at […]
Posted inSpeed Round
IFC aims to invest USD 5 bn in Egypt over the next 5 years
INVESTMENT WATCH- Meanwhile, the World Bank’s International Finance Corporation (IFC) aims to invest USD 5 bn in Egypt over the next 5 years, at an average rate of USD 1 bn per annum, IFC MENA Regional Director Mouayed Makhlouf said, according to Al Mal. The investments are expected to target the private sector, infrastructure development, […]