Egypt secured a 2-2 draw against host nation Argentina in their first game at the futsal competition of the 2018 Summer Youth Olympics, which kicked off in Buenos Aires on Saturday, Egypt Independent reports. Egypt will face Panama tomorrow and Iraq on Wednesday in its upcoming group stage matches. You can watch the Argentina game […]
Author Archives: enterpriseam admin
Salah among 30 shortlisted candidates for the 2018 Ballon d'Or trophy
Mohamed Salah is one of 30 top players shortlisted for the prestigious Ballon d’Or trophy, Reuters reports. A ceremony to announce the winner will take place in Paris on 3 December.
Reconstructed by Zeina Soliman
From Louis Vuitton handbags to Adidas kicks, Zeina Soliman can transform any article of clothing into a customized work of art. At just 16 years old, Cairo American College student Soliman is using her business — Reconstructed — to give brand name items a sense of uniqueness through pop art-inspired personalized designs. Drawing on her […]
EGP / USD CBE market average: Buy 17.85 | Sell 17.95 EGP / USD at CIB: Buy 17.86 | Sell 17.96 EGP / USD at NBE: Buy 17.78 | Sell 17.88 EGX30 (Monday): 13,604 (-3.6%) Turnover: EGP 709 mn (2% below the 90-day average) EGX 30 year-to-date: -9.4% THE MARKET ON MONDAY: The EGX30 index […]
07-11 October (Sunday-Thursday): Egypt-Romania Business Council to meet in Bucharest. 08-14 October (Monday-Sunday): The IMF and World Bank annual meetings in Bali, Indonesia. 09 October (Tuesday): IMF to release World Economic Outlook report. 09 October ( Tuesday): Monetizing Innovation: How to build a smart fintech business model, The GREEK CAMPUS, Room 109, Cairo. 09-11 October […]
What we’re tracking on 8 October 2018
Good morning, friends, and welcome back from our somewhat impromptu long weekend. And to those Canucks celebrating, Happy Thanksgiving. Your next regularly scheduled holiday is the Prophet Muhammad’s Birthday on or about 20 or 21 November — conveniently just in time for US Thanksgiving. That means Egyptian businesses are on track to have closed in […]
Growth momentum in advanced economies conceals “fragility” of EMs
Growth momentum in most advanced economies has been strong enough to conceal the “fragility” of EMs and propel global growth figures, Chris Giles writes for the Financial Times. Most countries seem to have relatively healthy growth indicators, but a closer look tells us that EMs are lagging behind amid a drop in investor confidence. “With […]
Palm tree plantation fire; a conspiracy against educational reform; consumer complaint kiosks in squares today
It was a quiet night on the airwaves after a long and fairly relaxing weekend. A fire that ravaged palm tree plantations in New Valley’s El Rashida village was the talk of the town. There were no casualties but the fire did threaten to spread to nearby residential areas, according to Reuters. Rep. Daoud Suleiman […]
With the price of oil stubbornly high, the Madbouly government may be looking at a fuel hedge after all
** #1 EXCLUSIVE- With the price of oil stubbornly high, the Madbouly government may be looking at a fuel hedge after all. The cabinet of Prime Minister Mostafa Madbouly is drafting a policy change that would allow the Finance Ministry to move ahead with a hedging strategy to shield the state budget against the rising […]