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Late president Gamal Abdel Nasser would have celebrated his centennial birthday yesterday. The occasion was mostly remembered by outlets from developing nations with anti-colonial history, including India’s The Tribune, which describes Abdel Nasser as “a hugely charismatic and genuinely popular ruler (despite coming to power by revolution) who inspired hope and dignity in his own […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Innoventure opens applications to accelerator program
Innoventures has opened applications for the fifth edition of its six-month Startup Reactor accelerator program, Disrupt Africa reports. “Innoventures will select 40 startups to take part in its Ignition bootcamp stage, and receive mentorship and training, before up to 15 startups proceed to the Plasma stage.”
Posted inON YOUR WAY OUT
Ramses II stela discovered in San Al Hagar
Archaeologists working a site in San Al Hagar in Al Sharqia discovered a stela depicting Ramses II, Secretary General of the Supreme Council of Antiquities Mostafa Waziri told Ahram Online. Work was ongoing to turn the site into an open air museum when archaeologists accidentally stumbled on the find. The stone slab is carved out […]
Posted inON YOUR WAY OUT
Romain Jerome unveils new Batman watch
Novelty watch maker Jerome Romain unveiled a new Batman-themed watch last Monday, according to the FT (paywall). The Batman symbol glows blue in the dark and the watch’s crystal sapphire back features a map of the Dark Knight’s beloved Gotham City. The must-have for geeks will cost you a steep USD 19,400. It’s not the […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.6588 | Sell 17.7588EGP / USD at CIB: Buy 17.65 | Sell 17.75EGP / USD at NBE: Buy 17.65 | Sell 17.75 EGX30 (Sunday): 15,255 (+0.1%) Turnover: EGP 1.1 bn (0.1% BELOW / ABOVE the 90-day average) EGX 30 year-to-date: +1.6% THE MARKET ON SUNDAY: The EGX30 ended […]
Posted inCALENDAR
15-17 January (Monday – Wednesday): EFG Hermes Annual Egypt Day Conference, Four Seasons Nile Plaza, Cairo 15 January (Monday): EFG Hermes Annual Egypt CEOs Dinner, Four Seasons Nile Plaza, Cairo 22-23 January (Monday-Tuesday): Arqaam Capital Egypt Investors Conference 2018, The Vineyard Hotel, Cape Town, South Africa. 25 January (Thursday): 25 January revolution / Police Day, […]
Posted inWhat We're Tracking Today
What we’re tracking on 14 January 2018
Welcome to another very busy news day, ladies and gentlemen. All signs point to a (minor?) cabinet shuffle today. The House of Representatives is set to vote at noon today on a presidential decree ordering a limited Cabinet shuffle. Parliamentary Speaker Ali Abdel Aal is reported to have called an emergency session of the House’s […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
Our friends at EFG Hermes hosts their annual Egypt Day on Monday at the Four Seasons Nile Plaza. This year’s event will begin with the firm’s annual CEO dinner, the first major event on the 2018 investor calendar for Egypt.
Posted inEnterprise+: Last Night’s Talk Shows
Imminent cabinet shuffle leads the conversation on a politics-heavy night on the airwaves
Between the anticipated cabinet shuffle, a slew of presidential nominees emerging over the weekend, and the Ethiopian prime minister’s arrival in Cairo later today, the airwaves were chock full of political discussion last night. Reports suggest that 4-5 ministers — including those of tourism, local development, and culture — will be exiting stage right, Hona […]