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Greco-Roman bath discovered in Gharbiya: Egyptian archaeologists have unearthed parts of a “massive” red brick structure that could be a Greco-Roman bath at Sen El Hagar archaeological site in Gharbiya, according to the Antiquities Ministry.
Author Archives: enterpriseam admin
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.86 | Sell 17.96 EGP / USD at CIB: Buy 17.86 | Sell 17.96 EGP / USD at NBE: Buy 17.77 | Sell 17.87 EGX30 (Wednesday): 16,663 (Almost Flat) Turnover: EGP 684 mn (41% BELOW the 90-day average) EGX 30 year-to-date: +10.9% THE MARKET ON THURSDAY: The EGX30 […]
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 23 May 2018
The House may choose extend its current legislative session by two weeks to get through a backlog of legislation, Rep. Osama Heikal tells Youm7. Among the bills waiting to receive House approval: The FY2018-19 state budget, part two of the Media Act, and amendments to the Criminal Procedures Act, Heikal says. Parliament is currently in […]
Posted inWhat We're Tracking Today
Global M&A reaches USD 2 tn YTD in 2018
Global M&A hit USD 2 tn YTD in 2018, a new record according to data from Thomson Reuters. About USD 28 bn in US transactions were announced on Monday, with strong activity in power, financials, and real estate. The most notable among them was the USD 11.1 bn merger of GE’s transportation unit and rail […]
Posted inWhat We're Tracking Today
Today’s recommended Ramadan reading
Today’s recommended Ramadan reading: Getting old is inevitable. Becoming crusty, grumpy and unable to cope with change isn’t. That’s the take-home from the Wall Street Journal’s Sue Shellenbarger, whose advice to the olds are words to live by: “Would your boss hire you again with the skills you have now? Being able to answer yes […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
The IMF should issue its progress report on Egypt’s economic reform program by the end of the week, Deputy Chief of Media Relations Alistair Thomson has said.
Posted inON THE HORIZON
On the horizon
Do you have an idea for a tech-enabled business idea that could make agriculture in Egypt more efficient? The World Bank may have seed funding for you. The World Bank’s “DigitalAG4Egypt” program is looking for business ideas built around logistics, value-added services, fintech relevant to agriculture, smart agriculture and natural resource management. There’s some seed […]
Posted inEnterprise+: Last Night’s Talk Shows
The talk shows are, thankfully, on hiatus
The nation’s talk show hosts are deep in the embrace of a food coma. Or whatever it is they do when they go on their annual Ramadan hiatus.