Mo Salah hits the big time in America with his first Sports Illustrated cover. The football star — whose recovery from his shoulder injury seems to be going well — graces one of four covers of the 4 June 2018 edition of the iconic US sports magazine. Other covers include players from Mexico, Iceland and […]
Author Archives: enterpriseam admin
EGP / USD CBE market average: Buy 17.85 | Sell 17.95 EGP / USD at CIB: Buy 17.84 | Sell 17.94 EGP / USD at NBE: Buy 17.8 | Sell 17.9 EGX30 (Sunday): 16,675 (+1.6%) Turnover: EGP 669 mn (41% below the 90-day average) EGX 30 year-to-date: +11.0% THE MARKET ON SUNDAY: The EGX30 ended […]
14 June (Thursday): 2018 World Cup kickoff match between Russia and Saudi Arabia, Moscow, Russia. 15 June (Friday): Egypt’s first 2018 World Cup match against Uruguay, Yekaterinburg, Russia. 15-17 June (Friday-Sunday): Eid Al Fitr (TBC), national holiday (Look for possible Monday off given the first day falls on a Friday). 19 June (Tuesday): Egypt plays […]
What we’re tracking on 03 June 2018
We are officially past the halfway mark in Ramadan, meaning it is not unseemly to start making Eid and / or summer vacation plans. Just sayin’. President Abdel Fattah El Sisi was sworn in yesterday, marking the start of his second term in office. Speculation about a possible cabinet shuffle will begin any instant now. […]
Egypt plays catch up with Asian counterparts during EM slump
Egypt is catching up with its counterparts in Asia,who are riding out the slump in EM better than are their African peers, data by Bloomberg finds. While South Africa is at the bottom of the scorecard — which lists 21 developing economies in order of safety based on metrics that include GDP, current account deficit, […]
The overprotected child
In miscellany today for your consideration pre-iftar: Would you let your 10 year old stay home alone — or walk to school without an adult? Does the mere question make you uncomfortable? That’s because we, as overprotective helicopter parents, are raising kids exactly the opposite of how we were brought up, back when we were […]
What we’re tracking this week
Apple’s World Wide Developer Conference gets underway tomorrow in California with a keynote speech at 10am Pacific time (that’s 7:00pm CLT tomorrow). 9to5Mac has a rundown of what you can expect. As things look now: Iterative improvements with iOS 12 as tentpole features are pushed to next year to allow Apple engineers to focus on […]
On the horizon
The central bank’s monetary policy committee will keep key interest rates unchanged when it convenes for its final meeting for the current fiscal year on 28 June, Standard Chartered’s Bilal Khan suggested, after previously speculating that the MPC would move to cut rates by 100 bps, according to FX Street. Khan had said that the […]
Last night’s talk shows on 3 June 2018
Talk shows hosts are on hiatus. They will be back before you know it. Meanwhile, we’re enjoying the respite.