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A court upheld on Wednesday a suspended three-month prison sentence against rights lawyer and former presidential candidate Khalid Ali for making an obscene gesture during a 2017 protest against the transfer of Tiran and Sanafir to Saudi Arabia, Reuters' Arabic service reports. Wednesday’s court decision can be appealed, the report said.
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Gamil Rateb dies at 92
Egyptian-French actor Gamil Rateb passed away yesterday, Ahram Online reports. Rateb, who was 92, is well known for his many appearances in film and TV over the years, including in the 1962-Oscar winning historical movie Lawrence of Arabia. Rateb was eulogized on the airwaves last night, with Yahduth fi Masr’s Sherif Amer airing a previous […]
Posted inON YOUR WAY OUT
Flo Rida visits Giza Pyramids
https://enterprise.press/wp-content/uploads/2018/09/flo-web.jpg https://enterprise.press/wp-content/uploads/2018/09/flo-email.jpg http://www.egypttoday.com/Article/9/57825/American-rapper-Flo-Rida-enjoys-Giza-Pyramids American rapper and five-time Grammy Award nominee Flo Rida visited Egypt’s Giza pyramids this week, Egypt Today reported.
Posted inThe Market Yesterday
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 (Wednesday): 14,099 (-3.8%) Turnover: EGP 967 mn (26% above the 90-day average) EGX 30 year-to-date: -6.1% THE MARKET ON WEDNESDAY: The EGX30 index […]
Posted inCALENDAR
18-21 September (Tuesday-Friday): The Big 5 Construct Egypt, Egypt International Exhibition Center, Cairo, Egypt. 20-23 September (Thursday-Sunday): 2018 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo. 22 September (Saturday): New academic year begins for public schools, universities. 23-24 September (Sunday-Monday): Arab Security Conference on cyber security, Nile-Ritz Carlton, Cairo. 24-25 September (Monday-Tuesday): […]
Posted inWhat We're Tracking Today
What we’re tracking on 19 September 2018
**#4 Egypt, Cyprus to sign gas pipeline agreement this morning: Oil Minister Tarek El Molla and Cyprus Energy Minister Yiorgos Lakkotrypis will sign this morning an agreement to build a USD 1 bn pipeline connecting the Aphrodite gas field to liquefaction plants in Egypt, Oil Ministry spokesperson Hamdy Abdel Aziz tells AMAY. Lakkotrypis and El […]
Posted inWhat We're Tracking Today
New iPhones getting great reviews
The new iPhones are getting great reviews, with even tech critics who had previously disdained ‘phablet’ devices saying they love the iPhone XS Max (cf: NYT). But you may want to hold back until October even though these are “fabulous phones” (WSJ): That’s when we’ll see what the iPhone XR offers. It could be the […]
Posted inEnterprise+: Last Night’s Talk Shows
Variety of topics from fertilizers to air pollution discussed
A variety of econ-related subjects made it to the airwaves last night, which was otherwise unremarkable. (Also: Still no Lamees El Hadidy.) Trade and Industry Minister Amr Nassar raised export duties on fertilizers yesterday to EGP 500 per tonne, from EGP 125 currently, according to a ministry statement. The move means to ensure that the […]
Posted inSpeed Round
Could the emerging markets sell-off close the fall IPO window earlier than expected?
**#1 IPO WATCH- Could the EM Zombie Apocalypse close the fall IPO window earlier than expected? As we first suggested two weeks ago, analysts are concerned that negative sentiment on global emerging markets could drive investors away from a wave of share sales expected on the Egyptian Exchange in the coming months, Reuters reports. “A […]