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Dubai-based Khansaheb Investment is studying expanding into the Egyptian market, Managing Director Amer Abdulaziz Khansaheb tells Daily News Egypt. “The construction and health sectors are very attractive,” he adds. The company will make up its mind about investing in Egypt by 2021, after completing projects in other new markets like Kuwait, Saudi Arabia, says Khansaheb.
Author Archives: enterpriseam admin
Posted inOther Business News of Note
PHD media agency expands into Egypt with new Cairo office
UK-based PHD media agency has set up shop in Cairo, the Arabian Marketer reports. “The country is rapidly progressing in terms of digital sophistication, both from a consumer and corporate standpoint,” says MENA CEO Elda Choucair. PHD’s office in Egypt, the network’s largest market in the Middle East, will be headed by Nour El Din […]
Posted inNational Security
Egypt, Russia to hold anti-terror military drills this year
Egypt and Russia are expected to hold joint anti-terror military drills in Egypt this November, according to a Russian army statement picked by Army Recognition.
Posted inON YOUR WAY OUT
Straight out of the department of EEEH?
Straight out of the department of EEEH? What you just saw above is no work of Photoshop. And before you panic, no, we’re not being taken over by an alien race. This mummy, discovered in the Atacama Desert of northern Chile, was put to the test, and its DNA not only showed it was human, […]
Posted inON YOUR WAY OUT
Egyptian papyrus offers alternative ending to the biblical story of Abraham and Isaac
A 1,500-year-old Egyptian papyrus offers an alternative ending to the biblical story of Abraham and Isaac, Archaeology reports. The Coptic-language scroll — which was discovered near Pharaoh Senusret I’s pyramid in 1934 by researchers from New York City’s Metropolitan Museum of Art and translated by Oxford University’s Michael Zellmann-Rohrer — claims that Abraham did sacrifice […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.65 | Sell 17.74 EGP / USD at CIB: Buy 17.65 | Sell 17.75 EGP / USD at NBE: Buy 17.57 | Sell 17.67 EGX30 (WEDNESDAY): 17,706 (-0.5%) Turnover: EGP 1.6 bn (39% ABOVE the 90-day average) EGX 30 year-to-date: +17.9% THE MARKET ON WEDNESDAY: The EGX30 ended […]
Posted inCALENDAR
19 April (Thursday): The National Museum of Egyptian Civilization visit and special breakfast at the American Chamber of Commerce. Register here. 20-27 April (Friday-Friday): Seventh edition of El Gouna International Squash Open, El Gouna. 23 April (Monday): Pride Capital’s “Financing Small Merchants” workshop, the Greek Campus, Cairo. 24-25 April (Tuesday-Wednesday): Renaissance Capital’s 3rd Annual Egypt […]
Posted inWhat We're Tracking Today
What we’re tracking on 18 April 2018
Look for plenty of talk today on the state of the global economy as the IMF and World Bank spring meetings continue in Washington, DC. Egypt’s delegation to the semi-annual festival of hand-wringing includes Finance Minister Amr El Garhy, Central Bank Governor Tarek Amer and Investment Minister Sahar Nasr. Today’s schedule includes everything from the […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
Our friends at AmCham are hosting a breakfast meeting and visit to the National Museum of Egyptian Civilization in Fustat tomorrow. The visit will include an exclusive viewing of the newly inaugurated exhibition hall: “Egyptian Crafts through the Ages.” Speakers will include Antiquities Minister Khaled El Anany and Mostafa Waziry, the director-general of the Supreme […]