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Egypt is among computer technology company Oracle’s best performing markets in the Middle East and Africa (MEA), Senior Director Samira Rizwan told the National in an interview. Saudi and the UAE are also among Oracle’s largest revenue sources in the MEA region.
Author Archives: enterpriseam admin
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.84 | Sell 17.94 EGP / USD at CIB: Buy 17.84 | Sell 17.94 EGP / USD at NBE: Buy 17.78| Sell 17.88 EGX30 (TUESDAY): 15,606 (+2.4%) Turnover: EGP 906 mn (6% above the 90-day average) EGX 30 year-to-date: +3.9% THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s […]
Posted inCALENDAR
28-29 August (Tuesday-Wednesday): CI Capital’s 5th Annual Egypt Equities Conference, Cape Town, South Africa. 04-05 September (Tuesday-Wednesday): Euromoney Egypt Conference 2018, Cairo. 10-13 September (Monday-Thursday): EFG Hermes’ 8th Annual London Conference, Emirates Arsenal Stadium, London. 11 September (Tuesday): Islamic New Year (TBC), national holiday. 17-19 September (Monday-Wednesday): INTERCEM Cairo to Cape Town cement industry conference, […]
Posted inWhat We're Tracking Today
The nation is deep in the grip of the summer news slowdown, which we would normally celebrate, except (a) the resident 11-year-old started middle school yesterday, so it feels like fall; (b) we see a busy fall as Egypt’s IPO pipeline runs headlong into mixed sentiment on emerging markets and (c) well, we just want […]
Posted inWhat We're Tracking Today
Egyptian citizens are “footing the bill” for Egypt’s energy hub ambitions
First they ignore you, then they laugh at you, then they fight you, then you win: Setting aside that Gandhi never uttered those words: You know one of your pet economic policies is getting traction when the international business press does a drive-by on it. And so it is with Egypt’s dream of emerging as […]
Posted inWhat We're Tracking Today
US and Mexico are edging toward a trade pact, but it’s early to say the global trade wars are ending
Mexico and the US may be edging toward a de-escalation of trade tensions, but it’s a bit early to be singing Hosanna to lords of trade. The global business press is making a lot of hay this morning out of news that the United States and Mexico agreed yesterday to renegotiate the terms of the […]
Posted inEnterprise+: Last Night’s Talk Shows
Mo Salah in the spotlight on last night’s talk shows
Mo Salah’s dispute with the Egyptian Football Association (EFA) was the topic du jour on the airwaves last night. The governing body for Egypt’s de facto national sport said in a statement that it was intentionally not responding to messages from the footballer’s lawyer. Salah had lashed out at the EFA in a tweet on […]
Posted inSpeed Round
Two of the fall’s most hotly-anticipated IPOs were made official yesterday. Both companies are friends of Enterprise, so we’re going to do this alphabetically:
Posted inSpeed Round
CIRA announces plans to list 37.48% stake on the EGX
IPO WATCH- CIRA announces plans to list 37.48% stake on the EGX: Leading private-sector education outfit Cairo Investment and Real Estate Development (CIRA) announced yesterday it plans to sell 207.3 mn ordinary shares, or 37.48% of the company, on the EGX. The transaction will include both an international private placement and a retail offering here […]