Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
EGP / USD CBE market average: Buy 17.61 | Sell 17.71 EGP / USD at CIB: Buy 17.58 | Sell 17.68 EGP / USD at NBE: Buy 17.57 | Sell 17.67 EGX30 (Wednesday): 18,173 (-0.7%) Turnover: EGP 1.4 bn (22% ABOVE the 90-day average) EGX 30 year-to-date: +21.0% THE MARKET ON WEDNESDAY: The EGX30 ended […]
Author Archives: enterpriseam admin
Posted inCALENDAR
02-03 May (Wednesday-Thursday): Cisco Connect Egypt 2018, Nile Ritz-Carlton Hotel, Cairo. 03 May (Thursday): Egypt’s Emirates NBD PMI reading for April released. 4-6 May 2018 (Friday-Sunday): International Conference on Network Technology (ICNT 2018), venue TBD, Cairo. 05-06 May (Saturday-Sunday): Inclusive Growth and Job Creation Conference, venue TBD, Cairo. 07 May (Monday): American Chambers of Commerce […]
Posted inWhat We're Tracking Today
What we’re tracking on 2 May 2018
It’s merry merry month of May, as stocks fly of the shelves and fridges get packed with Ramadan supplies. The holy month is only a few weeks away at this point, with expectations hovering at around 16 or 17 May. As it’s the first week of the month, we’re expecting to hear a number of […]
Posted inWhat We're Tracking Today
Expect hot and dusty weather to continue today
PSA- Expect hot and dusty weather to continue today across the country. The aftermath of a sandstorm that hit parts of Egypt on Monday, affecting visibility and closing several highways in the south, is expected to last until Friday, which will see the week’s highest temperature at 40°C, the national weather service warns. Parts of […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
GERD talks on Saturday: The next round of talks over the Grand Ethiopian Renaissance Dam (GERD) will be held in Addis Ababa on Saturday, 5 May, said Sudanese Irrigation Minister Moataz Moussa, according to El Watan.
Posted inON THE HORIZON
On the horizon
The contracts for the Russian Industrial Zone (RIZ) should be signed at the end of May, Russia’s Deputy Industry and Trade Minister Georgy Kalamanov said last week. This could happen at the Egyptian-Russian Economic Committee summit, scheduled for the second half of May, during which both countries’ trade and industry ministers are expected to meet. […]
Posted inEnterprise+: Last Night’s Talk Shows
Amr Adib resigns, Thanaweya Amma gets new facelift
Amr Adib resigns? Kol Youm’s Amr Adib announced his sudden resignation on Monday night’s episode, wrapping up what was quite a colorful c. 20 years as a broadcaster. Adib offered no explanation to why he will no longer be hosting the show, only saying that he had been wanting to retire for the past seven […]
Posted inSpeed Round
FDI could grow by 20-25% in FY2018-19 if its hits this year’s USD 10 bn target -El Garhy
FDI could grow by 20-25% in FY2018-19 if its hits this year’s USD 10 bn target: Finance Minister Amr El Garhy expects foreign direct investment in Egypt to grow by 20-25% in FY2018-19 if the country achieves the USD 10 bn target it set for this fiscal year. “As investors see that things are improving […]
Posted inSpeed Round
No dates set yet for state privatization program - Kouchouk to Enterprise
EXCLUSIVE- Straight from the Finance Ministry — No dates set yet for state privatization program: Forget all the hypothetical dates on when the government is kicking off the state privatization program as no firm dates for when they will kick off has been set, Vice Minister of Finance Ahmed Kouchouk tells Enterprise. “The government is […]