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The EGX30 rose 3.8% at today’s close on turnover of EGP 6.3 bn (31.2% above the 90-day average). Regional investors were the sole net sellers. The index is up 9.6% YTD. In the green: Orascom Development (+8.9%), e-Finance (+8.1%), and Ibnsina Pharma (+6.4%). In the red: Alexandria Mineral Oils (-0.8%) and Telecom Egypt (-0.2%).
Author Archives: enterpriseam admin
Posted inENTERPRISE ENTERTAINMENT CALENDAR
JUNE 24 June (Tuesday): Studio El Etnin at CJC 610. 24 June (Tuesday): Badra at The Grand Theatre. 26 June (Thursday): Jeff Dunham at the New Capital’s Drama Hall. 27 June (Friday): Medhat Saleh at Cairo Opera House. 27 June (Friday): Kayak and Paint at Mountain View Hyde Park. 27 June (Friday): Cassette ‘90s at […]
Posted inWHAT YOU’RE READING TODAY
What are we talking about when we talk about Sahel?
Good morning, wonderful people, and welcome to a very special issue of EnterpriseAM — it’s the first issue of a four-part series we’re running this summer about the North Coast — or as we love to call it: our very own Sahel. The subject is exactly what it says on the tin: Sahel as a […]
Posted inTHE NEW SAHEL
A coast under the influence
Imagining Ras El Hekma: Back in February 2024, when Abu Dhabi acquired the development rights to the Ras El Hekma triangle for USD 35 bn, the headlines were all about the moment: It was a lifeline — a historic influx of capital that promised to pull our economy back from the brink almost overnight. For […]
Posted inA MESSAGE FROM MARAKEZ
Beachside luxury meets Coastal fine-dining in Sahel
Stay tuned for more
Posted inMARKET DYNAMICS
Is Sahel really overpriced?
Are Sahel prices overblown? If you’re talking about the price of your freska or a watermelon smoothie, most people would probably agree. And anecdotally, rental costs are even more eyebrow-raising. What factors play in the price dynamics? We take a deeper look. Let’s start with the fact that Sahel competes with Europeans vacation destinations… It’s […]
Posted inReal estate
How to score a great rental for the summer?
It’s not too late to find a summer rental if you know where to look. As the weather gets warmer around April-May the topic of Sahel begins to edge its way into conversations across the capital. The chatter usually goes something like this: “Are these prices for real?” “Does this make any sense?” “Who would […]