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EGP / USD CBE market average: Buy 17.62 | Sell 17.72 EGP / USD at CIB: Buy 17.62 | Sell 17.72 EGP / USD at NBE: Buy 17.57 | Sell 17.67 EGX30 (Monday): 15,454 (-0.1%) Turnover: EGP 1.4 bn (24% ABOVE the 90-day average) EGX 30 year-to-date: +2.9% THE MARKET ON MONDAY: The EGX30 ended […]
Author Archives: enterpriseam admin
Posted inCALENDAR
05 March (Monday): Egypt’s PMI reading for February released. 05-07 March (Monday-Wednesday): EFG Hermes’ One on One Conference 2018, Atlantis, The Palm, Dubai, UAE. 06-07 March (Tuesday-Wednesday): The Sustainable Industrial Areas International Conference 2018, The Nile Ritz Carlton hotel, Cairo. 07-11 March (Wednesday-Sunday): ITB Berlin Convention, Berlin, Germany. 11-17 March (Sunday-Saturday): AmCham’s 40th Doorknock mission, […]
Posted inWhat We're Tracking Today
What we’re tracking on 26 February 2018
Good morning, friends, and welcome an an achingly slow news day, including warmed-up leftovers from our own Speed Round to Bloomberg, the FT and beyond. Is this a good time to note that we’re nearly into the month of March? Which means Ramadan will be upon us in just over two months. Expect the first […]
Posted inWhat We're Tracking Today
World Cup 2018 kits
Brinkwire has a recap of all the World Cup outfits that have been released so far. Egypt’s is the traditional Adidas-made red but with a lot less black than before.
Posted inWhat We’re Tracking This Week
What we’re tracking this week
Meet me there: Hind El Hafez, our friend and the noted jewelry designer and artist, is helping organized the Cairo Artists Collective’s group exhibition “Meet Me There,” running through Friday, 2 March 2018 in Zamalek. The event features her latest collection of contemporary art jewelry and has as its special guest Spain’s Estela Saez Vilanova. […]
Posted inON THE HORIZON
On the horizon
Our friends at EFG Hermes are hosting their 14th annual One on One Conference in Dubai on Monday, 5 March. The three-day event is the largest investor conference globally focused on frontier and emerging markets and will bring together some 175 companies for discussions on what a year of shifting benchmarks — including oil production […]
Posted inEnterprise+: Last Night’s Talk Shows
El Sisi’s military uniform in the limelight on last night’s talk shows
President Abdel Fattah El Sisi was the center of attention on the airwaves last night after he appeared in military uniform at the inauguration of a new military command center east of the Suez Canal. El Sisi’s visit is confirmation that the Armed Forces have a tight grip on matters in the Sinai Peninsula, say […]
Posted inSpeed Round
Qalaa Holdings on track to launch trial runs at ERC in June
Qalaa Holdings is on track to launch trial operations at its Egyptian Refining Company complex in Mostorod by the end of June 2018, the company said in a bourse statement on Sunday (pdf). Qalaa confirmed that ERC took on new debt finance and equity commitments valued at around USD 500 mn as part of a […]
Posted inSpeed Round
Mena Health Partners to invest EGP 3 bn in four hospitals
INVESTMENT WATCH- Mena Health Partners to invest EGP 3 bn in four hospitals: Mena Health Partners plans to invest EGP 3 bn over the coming three years in its portfolio of four hospitals, said the company’s co-founder and CEO, Ayman Badr. The firm holds majority stakes in Katameya Specialized Hospital, Katameya Clinic, Welcare Hospital and […]