Egyptian security forces destroyed 37 tunnels to Gaza in 2018, the army said in a statement. The story was picked up by the Jerusalem Post, Anadolu Agency and Middle east Monitor.
Author Archives: enterpriseam admin
Egyptian squash players dominate Dunlop British Junior Open
33 Egyptian squash players have progressed to the quarter final round of the Dunlop British Junior Open championship in Birmingham, taking up more than half of the 50 spots available in the round, according to PSA World Tour. The remaining 17 spots have been filled by Malaysian players.
Study values Mo Salah as world’s fourth most expensive footballer
A KPMG study has valued Mohamed Salah as the fourth most expensive footballer in the world, and the first in the Premier League, at a price tag of EUR 168.3 mn, reports King Fut. Mo trailed behind Lionel Messi (EUR 203.3 mn), France’s Kylian Mbappe (EUR 215 mn) and Neymar Jr. — the world’s most […]
Scottish museum to display block of the pyramids sparks outrage
Scotland’s National Museum claims that it is in possession of a block of stone from Egypt’s Khufu pyramid, which will be put on display starting 8 February, according to Al Mal. Egypt’s Antiquities and Repatriation Department Supervisor-General Shaaban Abdel Gawad is in talks with Egyptian and Scottish officials to verify the news and determine whether […]
Egypt’s Hawas takes Belgian royal family on cross-country tour
The Belgian royal family was in Egypt over the weekend for a four-day trip that included visiting the Giza Pyramids as well as Aswan and Luxor, according to Al Mal. Hawas of course obliged these mere mortals with a guided tour during their visit.
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 17.78 | Sell 17.88 EGX30 (Thursday): 13,265 (+0.5%) Turnover: EGP 762 mn (4% below the 90-day average) EGX 30 year-to-date: +1.8% THE MARKET ON THURSDAY: The EGX30 ended […]
January: Flat6Labs will launch their 12th startup accelerator cycle. Early January: Government to release details about its international bond issuance. Early January: The National Bank of Egypt will roll out national “Meeza” debit cards to both banked and unbanked customers. 07 January (Monday): Coptic Christmas, national holiday. 10-13 January (Thursday-Sunday): International Property Show (IPS), Egypt […]
What we’re tracking on 03 January 2019
News is slow this morning as more than a handful of members of the community are either “bridging” until after Coptic Christmas or simply taking it a bit easy. That makes Apple’s rare warning that it will fall short of its sales forecast the story of the day. And as we suggested yesterday, what news […]
El Sisi launches “A Decent Life” initiative
President Abdel Fattah El Sisi launched yesterday a new initiative, dubbed “A Decent Life,” to improve living conditions for the country’s most needy. The president called on state bodies and civil society to come together to implement projects under the initiative this year (see tweets here and here and here). The story dominated the airwaves […]