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Orascom Development Egypt has raised its percentage of freefloat shares on the EGX to 25%, according to a bourse statement (pdf).
Author Archives: enterpriseam admin
Posted inEgypt Politics + Economics
PM approves licenses for 166 churches, service buildings nationwide
Prime Minister Sherif Ismail signed off yesterday on a decision that legalizes the status of 102 unlicensed churches and their 64 service buildings, according to a Cabinet statement.
Posted inON YOUR WAY OUT
Samsung officially launches Galaxy S9 and S9+ in Egypt
Samsung’s Galaxy S9 and S9+ are now available in Egypt, the company announced in a press release (pdf).
Posted inON YOUR WAY OUT
King Tut joins the Egyptian Museum as a tour guide
Tutankhamun himself will be guiding visitors at the new Egyptian Museum. A hologram of the New Kingdom-era ruler has been designed to give users an authentic experience, which will also see King Tut’s tomb replicated at the central exhibition dedicated to him at the new museum, software designer Ramy Hammady tells Egyptian Streets.
Posted inON YOUR WAY OUT
Three Egyptian films participate in Geneva’s International Oriental Film Festival
Three Egyptian films have been selected to participate in Geneva’s 2018 International Oriental Film Festival, which is on from 21-29 April, Egypt Today reports. The selection includes Kamla Abou Zekri’s A Day for Women and Iman Kamel’s biography-documentary The Egyptian Joan of Arc.
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.63 | Sell 17.73 EGP / USD at CIB: Buy 17.64 | Sell 17.74 EGP / USD at NBE: Buy 17.57 | Sell 17.67 EGX30 (Monday): 17,620 (+0.2%) Turnover: EGP 1.2 bn (5% ABOVE the 90-day average) EGX 30 year-to-date: +17.3% THE MARKET ON MONDAY: The EGX30 ended […]
Posted inCALENDAR
17-18 April (Tuesday-Wednesday): Creative Industry Summit, Four Seasons Nile Plaza Hotel, Cairo. 17-18 April (Tuesday-Wednesday): Aviation Africa 2018 conference, InterContinental City Stars, Heliopolis, Cairo. Register here. 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 […]
Posted inWhat We're Tracking Today
What we’re tracking on 16 April 2018
Finance Minister Amr El Garhy will be in Washington, DC, today for the IMF and World Bank’s Spring Meetings, which will wrap on 22 April. Investment Minister Sahar Nasr and Central Bank Governor Tarek Amer are also attending. You can check out the landing page for the spring meetings here. Does a US support for […]
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 Fostat on Thursday. 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 […]