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Author Archives: enterpriseam admin
Continental giants battle it out in the UEFA Nations League + more to watch during your Eid break
⚽ All eyes turn to Germany this week, where the UEFA Nations League semifinals take place between the continent’s giants: Germany and Portugal, and Spain and France. In Munich, the Allianz Arena will be lighting up to host the first of the clashes at 10pm tonight between Germany and Portugal. Die Mannschaft qualified after an […]
Beats by the beach in El Gouna
MARK YOUR CALENDAR- ☀️ Road-tripping to El Gouna this long weekend? Egyptian party and nightlife gurus Nacelle are bringing the beats to the beach with their Friends on Decks party in the heart of the Red Sea resort town. Egyptian DJs Awadly, Moenes, Joey, and Messery will be turning it up back to back on […]
What the markets are doing on 4 June 2025
The EGX30 rose 1% at today’s close on turnover of EGP 3.7 bn (23% below the 90-day average). International investors were the sole net buyers. The index is up 9.9% YTD. In the green: GB Corp (+7.3%), Beltone Holding (+6.1%), and Qalaa Holdings (+3.6%). In the red: Egypt Aluminum (-2.5%), Eipico (-1.2%), and Orascom Construction […]
JUNE 6 June (Friday): 50 Years of AC/DC concert. 6 June (Friday): Orijins at New Administrative Capital. 6 June (Friday): Y2K: Dance Fever at CJC 610. 7 June (Saturday): Funkside at Cook’s Club El Gouna. 7 June (Saturday): Black Theama and Wust El Balad at CJC 610. 8 June (Sunday): Nacelle’s Friends on Decks party […]
Could Egypt soon be home to an official Apple store?
Good morning, all. In today’s issue of EnterpriseAM Egypt, we’ve got insights from leading HSBC economists, a USD 500 mn project to localize the production of baby formula, a deep-dive into how the EGX30 fared in May, and more. PSA- #1- Banks will be off from Thursday, 5 June through Monday, 9 June in observance […]
On June 7th & 8th, take your front seat to Eid Magic – Somabay Edition. LUMEN: A two-day experience by CJC is landing at Somabay, headlined by Oscar and The Wolf and Klangphonics. Get ready for beachside beats, golden hour sets, and barefoot dancing in the sand — set against the breathtaking backdrop of Somabay’s […]
What HSBC is telling its top multinational clients about the state of the economy
Businesses can take advantage of a changing geopolitical climate, but only if they adapt to a more volatile economic normal
A USD 500 mn baby formula factory?
The factory is set to come online in early 2027