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A US court has upheld a 2015 ruling clearing American rapper Jay Z of copyright infringement for sampling Baligh Hamdi’s Khosara Khosara, which was originally written for Abdel Halim Hafez, for his 1999 hit Big Pimpin, Reuters reports. The California court ruled that Hamdy’s nephew, Osama Ahmed Fahmy, did not have legal standing to sue […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Off to Ancient Greece for 2018 Assassin's Creed
Assassin’s Creed is off to Greece after a successful run in Ancient Egypt. A leaked photo of promotional merchandise for the upcoming game has been making the rounds online, according to Irish tabloid Joe. Assassin’s Creed Odyssey is unlikely to come out before late 2018 or early 2019, TechRadar suggests.
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.85 | Sell 17.95 EGP / USD at CIB: Buy 17.85 | Sell 17.95 EGP / USD at NBE: Buy 17.8 | Sell 17.9 EGX30 (Thursday): 16,415 (-2.1%) Turnover: EGP 3.3 bn (185% ABOVE the 90-day average) EGX 30 year-to-date: +9.3% THE MARKET ON THURSDAY: The EGX30 ended […]
Posted inCALENDAR
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 […]
Posted inWhat We're Tracking Today
What we’re tracking on 31 May 2018
We are nearly half-way through the month of Ramadan. Just sayin’. Foreign ministers from Egypt, Jordan, and Palestine foreign ministers are meeting in Cairo today to discuss the latest developments in Palestine, Al Shorouk reports. Egypt has been trying to broker a ceasefire in the latest flare-up between Israel and Gaza by urging Hamas to […]
Posted inON THE HORIZON
On the horizon
President Abdel Fattah El Sisi will be sworn in for his second presidential term on Saturday, 2 June, at the House of Representatives, Al Masry Al Youm reports. The ceremony will begin at 10:30am CLT. Do you have an idea for a tech-enabled business idea that could make agriculture in Egypt more efficient? The World […]
Posted inEnterprise+: Last Night’s Talk Shows
Last night’s talk shows for 30 June 2018
Nothing to see here, people. Move on. Talkshows are on hiatus until after Eid.
Posted inSpeed Round
Electronics manufacturing giant Foxconn, which makes the iPhone for Apple, is eyeing Egypt opportunities
INVESTMENT WATCH- iPhone manufacturer Foxconn eyeing Egypt opportunities: Prime Minister Sherif Ismail met on Wednesday with execs from Taiwanese electronics giant Foxconn Group to discuss potential partnerships in manufacturing, according to a cabinet statement. The meeting comes one day after representatives of the company, formally known as Hon Hai Precision Industry Co., met with executives […]
Posted inSpeed Round
Eastern Tobacco to sell additional 4% on EGX after Eid Break
IPO WATCH- Eastern Company to sell additional stake on the EGX after Eid Al Fitr: The Eastern Tobacco Company will be the first state-owned enterprise to float additional shares on the EGX under the government’s privatization program immediately after the Eid Al Fitr break (which ends around 17-18 June), Public Enterprises Minister Khaled Badawy told […]