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Urbantech hub KMT House opened its doors in Maadi, Cairo, Disrupt Africa reports. KMT House is a coworking space dedicated solely to urbantech in Africa and the Middle East, described as a “hub for innovators who experiment with everything from technology and mapping to urban data and culture. It aims to inspire a new generation […]
Author Archives: enterpriseam admin
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.56 | Sell 17.66 EGP / USD at CIB: Buy 17.54 | Sell 17.64 EGP / USD at NBE: Buy 17.55 | Sell 17.65 EGX30 (Tuesday): 16,989 (+1.5%) Turnover: EGP 2.5 bn (116% ABOVE the 90-day average) EGX 30 year-to-date: +13.1% THE MARKET ON TUESDAY: The EGX30 ended […]
Posted inCALENDAR
12-16 March (Monday-Friday): AmCham’s 40th Doorknock mission, Washington D.C., USA. 23 March (Friday): Orchestra In Art gala concert “The Three Egyptian Tenors,” Arts-Mart Gallery, 9:00pm. 28-31 March 2018 (Thursday-Sunday): Cityscape Egypt, Cairo International Convention Centre, Cairo. 02-03 April (Monday-Tuesday): Pharos Holding’s investor conference: In Search for Egypt Alpha, Cairo. 08 April (Sunday): Easter Sunday, national […]
Posted inWhat We're Tracking Today
What we’re tracking on 13 March 2018
Trade and Industry Minister Tarek Kabil is discussing local component requirements for the Automotive Directive with several auto manufacturers today, Al Mal reports. We have more on that in the Speed Round below. First power plant of the Benban solar park to be inaugurated today: Infinity Solar is scheduled to inaugurate its 50 MW solar […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
Cabinet is expected to discuss the executive regulations to the controversial NGO law “within days,” government sources tell Al Borsa. The government had consulted with a number of civil society organizations for input on the regs, according to the sources. Parliament had signed off on the bill — which forbids NGOs from participating in political […]
Posted inON THE HORIZON
On the horizon
The Arts-Mart Gallery is bringing together visual and performing arts through its second ‘Orchestra In Art’ event, The Three Egyptian Tenors. The show features a full orchestra performing amidst a specially curated exhibition of Egyptian contemporary art. World-renowned conductor Nader Abassi and award-winning Egyptian tenors Hany Abdelzaher, Ragaa Eldin, and Amr Medhat will perform their […]
Posted inEnterprise+: Last Night’s Talk Shows
Nothing of note on the airwaves
It was an unusually boring and uninspired night on the airwaves last night, with topics ranging from the state banks ‘Secure” CDs to World Cup coverage and, of course, more on the presidential election. Social and financial protection for part-time non-government workers took up significant air time last night. The topic is a key plank […]
Posted inEnterprise+: Last Night’s Talk Shows
*** SMART PEOPLE WANTED. We’re hiring at both Enterprise and at our parent company, Inktank. We’re looking for critical thinkers who have outstanding English-language writing skills. Don’t apply if you are not (at an absolute minimum) unafraid of numbers. Among the many posts we have open right now: Senior investor relations advisors at Inktank, who […]
Posted inSpeed Round
Kia, local partner to invest EGP 4.2 bn in Egypt assembly line over the next five years
INVESTMENT WATCH- Kia to invest in EGP 4.2 bn assembly line over the next five years: Kia Motors signed an agreement with Egyptian International Trading & Agencies, which would see them invest EGP 4.2 bn in a car assembly facility in Egypt over the next five years, according to a statement from the Trade and […]