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The latest video released by Daesh earlier this week is evidence of the Ikhwan’s link to terror group and its use of deception to “cover the acts of terrorism and clear the names of terrorist icons,” the State and Information Service (SIS) said in a statement yesterday. The SIS also put out a separate statement […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Mona Iraqi faces station investigation over “rape” episode
The Press Syndicate is demanding that controversial Al Mehwar presenter Mona Iraqi be investigated for alleged “moral violations” during an episode about rape, Syndicate Chief Hamdy El Konayyesi has said, according to Al Shorouk. Konayyesi also commended Al Mehwar channel for suspending Iraqi’s talk show “Intibah” after the episode aired. We’re no more down with […]
Posted inON YOUR WAY OUT
Petrified forest receives government protection
A 30 mn year old petrified forest 30 km outside of Cairo has received long sought after government protection, according to Arab News. The seven sqm area, known as Gabal Al Khashab, was declared a protectorate back in 1989 for the tree and animal fossils it houses, as well as the thriving ecosystem of rare […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.6476 | Sell 17.7476 EGP / USD at CIB: Buy 17.64 | Sell 17.74 EGP / USD at NBE: Buy 17.60 | Sell 17.70 EGX30 (Wednesday): 14,806 (+0.5%) Turnover: EGP 1.0 bn (11% BELOW the 90-day average) EGX 30 year-to-date: -1.4% THE MARKET ON WEDNESDAY: The EGX30 ended […]
Posted inCALENDAR
14-15 February (Wednesday-Thursday): The Australian Embassy in Cairo’s two-day capacity building workshop on best practices for sustainable mining governance, Cairo. 16 February (Friday): The Egypt Network for Integrated Development’s (ENID/El Nidaa) “Youth Entrepreneurship as a Catalyst for Growth and Employment” conference, Jolie Ville Kings Island Hotel, Luxor. 19 February (Monday): Pride Capital will organize a […]
Posted inWhat We're Tracking Today
What we’re tracking on 14 February 2018
EXCLUSIVE- USD 4 bn eurobond issuance has closed and is 3x oversubscribed in a ringing endorsement of Egypt’s macro fundamentals. “It’s excellent news,” Finance Minister Amr El Garhy told us on a call last night. “Egypt has effectively re-opened the window for emerging market bond issuances despite the recent turmoil in global markets.” Egypt successfully […]
Posted inWhat We're Tracking Today
Egyptian squash champions open trading session
Squash champs ring the bell at the EGX: Egyptian squash champs Raneem El Welily, Nouran Gohar, and Tarek Momen rang the opening bell on the EGX on Tuesday. The ceremony was attended by EGX Chairman Mohamed Farid.
Posted inWhat We’re Tracking This Week
What we’re tracking this week
It’s interest rate week as the CBE’s Monetary Policy Committee meets tomorrow to set interest rates. The Australian Embassy in Cairo is hosting a two-day capacity-building workshop in Cairo on 14-15 February on sustainable mining. The workshop — which will see experts from the Western Australian Department of Mines and Industry Regulation and Safety share […]
Posted inON THE HORIZON
On the horizon
Pride Capital will be organizing a workshop to talk over big topics in fintech. The workshop will be on insurance tech, and how technology can deliver affordable, convenient health insurance. The event — with keynote speakers including Misr Life Insurance Chairman Ahmed Abdel Aziz and Vezeeta Founder Amir Barsoum — will be held on Monday, […]