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The Interior Ministry is placing “human rights officers” in all police stations to handle with grievances citizens have with the police, the ministry announced in a video (watch, runtime 0:21)
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Is Emad El Din Adib leaving Al Hayat?
Is the sibling of the “boisterous one” leaving Al Hayat? Emad El Din Adib is reportedly leaving Al Hayat following a series of controversial interviews, sources close to the situation told Youm7. Youm7 received no comment when they reached out to Adib but have learned that he has several offers on the table from other […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.63 | Sell 17.73EGP / USD at CIB: Buy 17.6 | Sell 17.7EGP / USD at NBE: Buy 17.63 | Sell 17.73 EGX30 (Wednesday): 15,042 (-1.8%) Turnover: EGP 1.2 bn (7% ABOVE the 90-day average) EGX 30 year-to-date: +0.2% THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session […]
Posted inCALENDAR
30 January-01 February (Tuesday-Thursday): CI Capital’s MENA Investor Conference, Four Seasons Nile Plaza, Cairo. 3-4 February (Saturday-Sunday): Egypt Investment Forum, Semiramis Intercontinental Hotel, Cairo. 05 February (Monday): Egypt’s Emirates NBI PMI reading for January announced. 08-11 February (Thursday-Sunday): Furnex & the Home international trade fair, Cairo International Convention Center. 12-14 February 2018 (Monday-Wednesday): Egypt Petroleum […]
Posted inWhat We're Tracking Today
What we’re tracking on 31 January 2018
Global markets closed in the red again yesterday, with US stocks falling to their lowest levels since May of 2016 “as investors worry that a long winning streak has pushed valuations too far,” the Financial Times reported overnight. The selloff in US equities and a fall in US treasury prices comes ahead of the US […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
New railway ticket prices could be announced as early as this week, now that the Transport Ministry has signed off on the new pricing scheme. Don’t miss the trifecta of moons tonight. The full moon will be brighter and larger than you’ve ever seen it. Best viewed at moonrise, says NASA.
Posted inON THE HORIZON
On the horizon
A delegation of 22 British companies led by UK trade envoy Jeffrey Donaldson is visiting Egypt on 10 February to form a tripartite trade agreement between the UK, Egypt and China to target exporting to African markets. Egypt’s Emirates NBI PMI reading for January will be announced on Monday, 5 February.
Posted inEnterprise+: Last Night’s Talk Shows
Presidential elections continue to feature prominently on the airwaves
The presidential elections still featured prominently in talking heads’ discussions last night but a few other topics of interest also came up. Hona Al Asema’s Lamees Al Hadidi announced her partnership with CIB to sponsor her startup competition, Hona Al Shabab, this year. This season will be run under the theme of “empowering fintech,” per […]
Posted inSpeed Round
Is the car market finally turning the corner?
Is the car market finally turning the corner? A low base effect certainly helped, but: Car sales grew 17.3% y-o-y in December, making it the first month in 2017 in which sales rose substantially, according to a report by the Automotive Information Council (AMIC) report picked up by Al Borsa. The year-long slump in the […]