VOA’s newest photo essay trails political prisoners in Egypt as they exchange handmade Valentine’s Day gifts with their loved ones. “Despite pressure from Islamists, Valentine's Day continues to be a big day for many Egyptians to express their feelings of love,” it says.
Author Archives: enterpriseam admin
EGP / USD CBE market average: Buy 17.6443 | Sell 17.7443 EGP / USD at CIB: Buy 17.64 | Sell 17.74 EGP / USD at NBE: Buy 17.60 | Sell 17.70 EGX30 (Tuesday): 14,730 (-1.1%) Turnover: EGP 1.2 bn (6% ABOVE the 90-day average) EGX 30 year-to-date: -1.9% THE MARKET ON TUESDAY: The EGX30 ended […]
12-14 February 2018 (Monday-Wednesday): Egypt Petroleum Show 2018 (EGYPS), New Cairo Exhibition Center. 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 […]
What we’re tracking on 13 February 2018
Today is the accidental Enterprise Oil & Gas issue, as coverage of the EGYPS energy conference dominated the local press and seeped into the foreign press on what was a severely slow news day. And before you read further: It rained city-wide overnight, so you may want to start your commute a bit earlier than […]
What we’re tracking this week
It’s interest rate week as the CBE’s Monetary Policy Committee meets on Thursday to set interest rates. Most analysts, including HC Securities’ Chief Economist Sara Saada, see a limited interest rate cut coming this week as inflation figures improve and the onus for growth shifts away from legislative reforms to interest rate cuts. Saada sees […]
On the horizon
The London Business School is holding its annual Middle East Conference on 2 March. Speakers this year will include Qalaa Holdings Chairman Ahmed Heikal and founding partner of Zulficar & Partners Mona Zulficar.
Politics continue to feature prominently on the airwaves
Not sure if this is the EGYPTIAN SEQUEL TO GROUNDHOG DAY or to the NIGHT OF THE LIVING DEAD: Islamist politics and the future of state-owned companies dominated the airwaves last night. The talking heads zeroed in on separately televised interviews of former top auditor Hisham Genena and the Islamist former presidential candidate Abdel Moneim […]
Egypt is stepping up its drive to land energy investment in the Gulf of Suez, new 95 octane petrol rolling out
Egypt is stepping up its drive to land energy investment in the Gulf of Suez, Oil Minister Tarek El Molla said yesterday. The minister announced an agreement with an international company to conduct a seismic survey of the Gulf of Suez to attract exploration investment in the area, but “did not name the company or […]
BP pledges USD 1 bn in investment this year, begins production from Atoll gas field seven months ahead of schedule
INVESTMENT WATCH- BP pledges to invest USD 1 bn this year as production from Atoll gas field begins seven months ahead of schedule: BP plans to invest USD 1 bn in Egypt this year, BP Group CEO Bob Dudley said on the sidelines of the conference, Reuters reports. The statement comes as BP announced that […]