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Mohamed Salah is among the shortlisted nominees for the UEFA Champions League (UCL) Forward of the Season award, according to KweséESPN. Mo Salah is up against Lionel Messi and Cristiano Ronaldo. His tally for the 2017/18 UCL includes 10 goals, five assists, and one final match. The award will be presented during the 2018/19 UCL […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Contemporary designs that seek to change perspectives
Egyptian designers Mariam Hazem and Hend Riad made it to the FT’s list of five African designers to watch with their sustainable brand Reform. “They take discarded plastic bags and turn them into a material they’ve dubbed Plastex, which is used to make everything from quirky ankle boots to woven backpacks,” the Financial Times says. […]
Posted inON YOUR WAY OUT
Oldest piece of cheese ever discovered in Sakkara
Italian archaeologists discovered what could be the oldest piece of cheese in the world in a cemetery in Sakkara, according to Italian news site Fanpage. A team from the Universities of Cairo and Catania found the 3,200-year-old delicacy, which they say is a mix of goat, cow, and sheep’s milk.
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.82 | Sell 17.92 EGP / USD at CIB: Buy 17.83 | Sell 17.93 EGP / USD at NBE: Buy 17.78 | Sell 17.88 EGX30 (Thursday): 15,924 (+0.4%) Turnover: EGP 760 mn (13% below the 90-day average) EGX 30 year-to-date: +6.0% THE MARKET ON THURSDAY: The EGX30 ended […]
Posted inCALENDAR
12 August (Sunday): Egypt’s Emirates NBD PMI reading for July released. 16 August (Thursday): CBE’s Monetary Policy Committee meeting. 21-25 August (Tuesday-Saturday): Eid Al Adha (TBC), national holiday. 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’ […]
Posted inWhat We're Tracking Today
What we’re tracking on 9 August 2018
Do you need the weekend as much as we do? Odd that we feel that way on such a quiet news day, but it is what it is… What little Egypt news is out there is interesting: The nation has edged even closer to a natural gas import agreement with Israel (a key to our […]
Posted inEnterprise+: Last Night’s Talk Shows
State-owned newspaper prices expected to rise
A decision from the National Press Authority to hike state-owned newspaper prices was the topic du jour on the airwaves last night. The decision comes as a measure to offset the rising cost of paper, which Egypt imports. The price hike would be “limited” and would be capped at EGP 1 or 2 per issue, […]
Posted inSpeed Round
Gas imports from Israel, reducing fines, Egypt’s gas hub plans coming through offshore companies
Go inside the web of private operators who are helping turn Egypt into the region’s premier energy hub: Operators of Israel’s Leviathan gas field are finalizing an agreement with their Egyptian partner that would bring Egypt closer to its goal of becoming the export hub for natural gas from the East Mediterranean. The agreement, which […]
Posted inSpeed Round
Maait reassures private sector their role in privatization program is secure
EXCLUSIVE- Maait to private sector service providers: We have a piece of the IPO program for you. Finance Minister Mohamed Maait is reassuring private-sector bankers, lawyers and other advisers that they will have roles to play in the share sales of five companies piloting the state privatization program. The minister made the remarks in an […]