Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Police have arrested six alleged members of the Ikhwan in a Beheira farm that is believed to belong to ex-Islamist presidential candidate Abdel Moneim Aboul Fotouh, the Interior Ministry said in a statement yesterday. Aboul Fotouh was put on a terrorism list on Tuesday following his arrest for questioning on alleged contacts with the Ikhwan. […]
Author Archives: enterpriseam admin
Posted inEgypt Politics + Economics
Court sentences five to death over Wadi El Natrun land dispute that left 15 dead
The Damanhour Criminal Court upheld yesterday death sentences against five defendants and jailed six others for life after finding them guilty of killing 15 people in a dispute over land in the area in 2008 that had left 15 people dead, Al Shorouk reports.
Posted inEgypt Politics + Economics
Supreme Administrative Court rejects lawsuit to invalidate Moussa’s presidential bid
The Supreme Administrative Court rejected yesterday a lawsuit to invalidate Moussa Moustafa Moussa’s presidential bid, Al Shorouk reports. The lawsuit had claimed that Moussa did not receive a college degree, rendering his candidacy unconstitutional. The nominee previously said that he attended a university in France, where he received a degree in engineering.
Posted inSports
Amr Warda assaulted in Greece
National team player Amr Warda was attacked by two men carrying a knife and a gun in Greece, according to Al Shorouk. Warda plays for the Atromitos FC in Athens, which has a history of violence against football players by rival fans.
Posted inON YOUR WAY OUT
Aswan Governor, USAID launch first class under WISE project
New USAID-sponsored solar power classes launch in Aswan: A vocational high school in Benban has begun offering classes on solar power under the USAID-funded Workforce Improvement and Skills Enhancement (WISE) project, Al Masry Al Youm reports. The project aims to introduce more classes to prepare vocational students for work at the 1.5 GW Benban solar […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.64 | Sell 17.74 EGP / USD at CIB: Buy 17.62 | Sell 17.72 EGP / USD at NBE: Buy 17.59 | Sell 17.69 EGX30 (Wednesday): 15,245 (+0.2%) Turnover: EGP 1.9 bn (67% ABOVE the 90-day average) EGX 30 year-to-date: +1.5% THE MARKET ON WEDNESDAY: The EGX30 ended […]
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. 07-11 March (Wednesday-Sunday): ITB Berlin Convention, Berlin, Germany. 28-31 March 2018 (Thursday-Sunday): Cityscape Egypt, Cairo International Convention Centre, Cairo. 08 April (Sunday): Easter Sunday, national holiday. 09 April (Monday): Sham El […]
Posted inWhat We're Tracking Today
What we’re tracking on 21 February 2018
Amr El Garhy is projecting revenues in FY2018-19 will reach EGP 1 tn, a first in the country’s history, Finance Ministry sources told Al Mal on Tuesday. The statements come as the ministry has begun drafting the budget for the next fiscal year with the hope of introducing it to the House of Representatives next […]
Posted inWhat We're Tracking Today
Today in Miscellany on 22 February 2018
Where is the year going? It’s nearly the end of February, and with it we are two-thirds of the way through the first quarter. And we’re already talking about the timing of the coming state budget. Time does accelerate as you age. Just sayin’. In miscellany this morning: US markets returned from a three-day weekend […]
Posted inWhat We're Tracking Today
Valavanis wins welterweight boxing match against Latvian veteran Levickis
Our friend Andre Valavanis, investor relations officer at GB Auto, won a difficult, eight-round welterweight boxing match against Latvian veteran Ivans Levickis on Saturday. The fight, organized by LB Sports Promotions, brings GB Auto-sponsored Valavanis one step closer to his second World Boxing Federation Intercontinental Welterweight Championship title. If you missed out on the live […]