Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
The Agriculture Ministry has imposed new regulations on exports of Egyptian grapes which requires packaging companies segregate cargo by their farm of origin, according to unnamed sources from the Agricultural Quarantine Authority.
Author Archives: enterpriseam admin
Posted inTelecoms + ICT
MNOs brace for slump in sale of new lines after increase in regulatory fees
Mobile network operators are bracing a slump in the sale of new lines after the government’s recent decision to hike regulatory fees for new mobile lines to EGP 70 from EGP 20, industry sources tell Al Mal. The piece includes the usual hyperbole, this time taking the form of unspecified claims that the fee hike […]
Posted inNational Security
Egypt to impose curfew on parts of Arish, Rafah
Egypt will impose a curfew on parts of Arish and Rafah in Northern Sina, according to Al Shorouk. President Abdel Fattah El Sisi had also ordered yesterday the reopening of the Rafah border crossing with Gaza following a three-day closure during the fifth anniversary of the June 30 revolution, according to Ahram Online.
Posted inON YOUR WAY OUT
Mo Salah signs long term contract with the Reds
Mo Salah has signed a new long-term contract at Liverpool, according to the Red’s official website, which gave no details of the length of Salah's contract or of his financial package. The contract will keep him with Liverpool until 2023. The news came as Salah hinted he may continue his career with the nation team, […]
Posted inON YOUR WAY OUT
The Pharaohs featured in Coptic artwork
Speaking of Mo Salah: Alexandria-based artist Ahmed El Sabrouti released a series of eye-catching digital portraits of the national football team players in a style heavily influenced by traditional Coptic techniques, according to the National.
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.83 | Sell 17.93 EGP / USD at CIB: Buy 17.84 | Sell 17.94 EGP / USD at NBE: Buy 17.78 | Sell 17.88 EGX30 (Monday): 16,363 (+0.1%) Turnover: EGP 746 mn (26% ABOVE the 90-day average) EGX 30 year-to-date: +8.9% THE MARKET ON MONDAY: The EGX30 ended […]
Posted inCALENDAR
03 July (Tuesday): Egypt’s Emirates NBD PMI reading for June released. 16 July (Monday): Cairo Court of Appeals to issue ruling on EGP 5.6 bn antitrust case against pharma companies including Ibnsina. 23 July (Monday): Revolution Day, national holiday. 16 August (Thursday): CBE’s Monetary Policy Committee meeting. 21-25 August (Tuesday-Saturday): Eid Al Adha (TBC), national […]
Posted inWhat We're Tracking Today
What we’re tracking on 02 July 2018
Welcome to FY2018-19: We are now officially in the state’s FY2018-19 fiscal year, and the Finance Ministry has welcomed the start of the new year with its customary statement. This year’s budget projects GDP growing at 5.8%, with spending reaching a record EGP 1.4 tn. It also targets a deficit of 8.4% of GDP and […]
Posted inWhat We're Tracking Today
The western financial press doesn’t like the outlook for emerging markets in the back half of 2018 — and sees African markets hit hardest
The western financial press doesn’t like the outlook for emerging markets in the back half of 2018, with the Financial Times writing that “a challenging second half … awaits investors with a number of flashing warnings over a slowing macroeconomic story outside of the US.” Among them: The strong USD, slowing growth in China and […]
Posted inWhat We're Tracking Today
Play conference call bingo and watch the Summer of ‘84
In miscellany this morning: Tide yourself over until the next season of Stranger Things: If you’re still a bit mopey that Stranger Things won’t be back until some time in 2019, go watch the trailer for the August film “Summer of ‘84,” replete with Reagan / Bush election posters, walkie-talkies, ‘80s music and a potential […]