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Author Archives: enterpriseam admin
Posted inSPOTLIGHT ON THE 2018 WORLD CUP
Pharos lands in Chechnya, team mascot revealed
The Pharaohs landed in Chechnya (their training base) yesterday for the 2018 FIFA World Cup, which kicks off on Thursday. Mo Salah was “given a hero’s send-off” by hundreds of Egyptian fans at the final training in Cairo Stadium before heading to Moscow, the Sun reports. Salah did not participate in the team’s first training […]
Posted inSPOTLIGHT ON THE 2018 WORLD CUP
Is the ECA trying to force FIFA to broadcast the World Cup without charge in Egypt?
You may get to watch the World Cup without charge thanks to the ECA: The Egyptian Competition Authority (ECA) has ordered FIFA to grant the National Media Authority the right to broadcast 22 of the World Cup’s 64 matches on Egypt’s satellite channels, an ECA statement reads. FIFA had awarded Qatar’s beIN Sports the exclusive […]
Posted inSPOTLIGHT ON THE 2018 WORLD CUP
Employee productivity to drop during World Cup
Meanwhile, Employers across the Middle East are shuddering at the expected dip in productivity during the World Cup. A new survey by online recruitment portal GulfTalent found that 92% of the region’s workers are planning to watch at least some of the games, according to Forbes Middle East — not surprising considering four Arab countries […]
Posted inEnterprise+: Last Night’s Talk Shows
Last night’s talk shows for 11 June 2018
Talk shows are off until the end of the Eid holiday. Move along.
Posted inSpeed Round
Inflation rose in May at its slowest pace in two years
Inflation rose in May at its slowest pace in two years: Annual headline inflation rate cooled to 11.4% in May from 13.1% in April, according to data from state statistics agency CAPMAS released on Sunday. That rate (the slowest rise in two years) beat the central bank’s inflation target, hitting the bottom of its range […]
Posted inSpeed Round
Eastern Company to seek advisers on its 4% stake sale after Eid, stake sale could be done by end of June –Badawy
EXCLUSIVE- Eastern Company will issue a tender for advisers on its 4% stake sale after Eid: The Eastern Tobacco Company is on the hunt for advisers for its 4% stake sale and will issue a global tender in the coming few days, Public Enterprises Minister Khaled Badawy told Enterprise. Bidding will be open to both […]
Posted inSpeed Round
FRA will be tight on shorts, pushes through amends to listing regulations
REGULATION WATCH- Hear ye, brokers looking to short: Meanwhile, FRA is looking into imposing “strict” compliance regulations for brokerages looking to get into short selling, FRA deputy head Khaled El Nashar reportedly said on Sunday. The regulations will ensure that only brokerages with the balance sheet strength to offer short selling will be allowed to […]
Posted inSpeed Round
EFG Hermes, CI Capital get nods in 2018 Extel Survey
EFG Hermes is best in frontier, second in MENA in 2018 Extel Survey; CI Capital third in MENA. Egypt-based investment banks had a strong showing in the 2018 Extel survey ranking research provided by brokerage houses, which saw 11,000 financial professionals at more than 4,000 firms (nearly 2,700 of them on the buy side) cast […]
Posted inSpeed Round
House Budget Committee approves EGP 70 bn overdraft
BUDGET WATCH- The House of Representatives Budget Committee approved the government’s request for a EGP 70 bn overdraft for the FY2017-18 budget, according to Al Masry Al Youm. Cabinet had approved last month the overdraft to cover “necessary expenditures,” the lion’s share of which was likely importing fuel at higher prices than had been anticipated.