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Posted inThe Market Yesterday

EGP / USD CBE market average: Buy 17.64 | Sell 17.74 EGP / USD at CIB: Buy 17.59 | Sell 17.69 EGP / USD at NBE: Buy 17.60 | Sell 17.70 EGX30 (Monday): 15,158 (+0.8%) Turnover: EGP 1.3 bn (15% ABOVE the 90-day average) EGX 30 year-to-date: +0.9% THE MARKET ON MONDAY: The EGX30 ended […]

Posted inCALENDAR

19-20 February 2018 (Monday-Tuesday): The Banking Tech North Africa, The Nile Ritz-Carlton, Cairo. 17-21 February 2018 (Saturday-Wednesday): Women For Success - Women SME's "World of Possibilities" Conference, Cairo/Luxor. 20 February (Tuesday): The Third Annual Capital Markets Summit, InterContinental Cairo Semiramis, Cairo. 05 March (Monday): Egypt’s PMI reading for February released. 05-07 March (Monday-Wednesday): EFG Hermes’ […]

Posted inWhat We're Tracking Today

Egyptians dominate top nine richest list

Egyptians dominate Forbes’ list of the nine richest persons in Africa, according to the magazines’ Middle East edition. The top nine list, part of Forbes’ broader listing of 23 African bn’aires, unsurprisingly includes members of the Sawiris and Mansour families, with the remaining three spots belonging to Moroccan and Algerian business leaders. Nassef Sawiris is […]

Posted inWhat We're Tracking Today

Netflix signs first Middle East partnership agreement with OSN

OSN lives to fight another day? Subscribers to the pay-TV service in MENA will gain access to Netflix content. Netflix has signed its first Middle East partnership agreement with satellite entertainment network OSN, the streaming service announced in a press release yesterday. OSN customers will soon be able to access Netflix’s content library via a […]

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 […]

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