American actor Owen Wilson arrived in Egypt for the closing of the Gouna Film Festival. He didn’t jet off to the Red Sea until he’d had some fun in Cairo first, though, going on a tour of the city guided by Tourism Minister Rania Al Mashat herself. Twitter has it all.
Author Archives: enterpriseam admin
Bill Cosby sentenced to 3-10 years in prison for [redacted] assault
81-year-old American comedian Bill Cosby was sentenced yesterday to 3-10 years in prison for [redacted] assault, reports CNN. Andrea Constand had filed a lawsuit against Cosby accusing him of drugging and assaulting her back in 2004. Following Constand’s suit, over 60 other women came forward with similar claims. Cosby denied both the allegations and the […]
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 (Tuesday): 14,359 (+1.1%) Turnover: EGP 639 mn (15% below the 90-day average) EGX 30 year-to-date: -4.4% THE MARKET ON TUESDAY: The EGX30 index […]
26 September (Wednesday): E-Commerce Summit, Nile-Ritz Carlton, Cairo. 26-27 September (Wednesday-Thursday) The Egyptian Factoring Association (EFA) will host a workshop on “Factoring as a tool for financing SME’s,” The Nile Ritz-Carlton, Cairo 1113 Corniche El Nil, Cairo. 26-30 September (Wednesday-Sunday): 2018 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo. 27 September (Thursday): […]
What we’re tracking on 25 September 2018
It’s our birthday: Enterprise is four years old today. We’ve done this 964 times now, not including our Your Wealth edition or the Weekend Edition we previously published on Fridays before the Resident 11 Year Old (then somewhat younger, but no less blunt) declared that our working seven days a week wasn’t smart on the […]
Mo Salah takes home FIFA’s “goal of the year” award for 2018
Mo Salah gets goal of the year, loses best player to Modric: Mohamed Salah claimed the FIFA Puskas Award for “goal of the year” at yesterday’s Best FIFA Football Awards ceremony. Salah took home the gong for his far-post finesse shot against Everton last season (watch, runtime: 0:52). He was among three finalists shortlisted for […]
El Sisi ramps up meetings in New York, Mo Salah snubbed from top FIFA award
Coverage of President Abdel Fattah El Sisi’s New York visit and Mo Salah falling short of winning the FIFA Best Player Award were among the most popular topics of discussion on the airwaves last night. Talking heads and pundits all jumped on the Mo Salah bandwagon to congratulate the national star for winning the Puskas […]
Egypt cancels bond auction for the fourth consecutive week
**#1 Egypt cancels bond auction for the fourth consecutive week: Egypt called off its fourth treasury bond auction in as many weeks on Monday, the Finance Ministry said on Monday. Officials called off sales of five- and 10-year treasury bonds worth EGP 3 bn because of the high yields on demand. Bankers speaking to Reuters […]
Central Bank of Egypt seen leaving interest rates on hold at 27 September 2018 meeting
**#2 Consensus is that the central bank will leave interest rates on hold this Thursday when its monetary policy committee meets, according to a Reuters poll out yesterday. Some analysts, including in Shuaa, see borrowing costs and the strength of the USD as the crucial factors at the meeting, saying concerns there will have supplanted […]