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A mortar attack on Al Arish airport resulted in the death of a military officer and the injury of two others, according to an official Armed Forces statement. The attack also damaged a helicopter and came during the Interior and Defense Ministers’ visit to the area, although neither of them were hurt, a security source […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Vodafone ad featuring Abla Fahita refused by state TV
Maspero has refused to run a Vodafone Egypt advertisement featuring puppet Abla Fahita, according to the Egypt Independent. The state broadcaster took particular issue with the song in the commercial playing on the phonetics of language not suitable for children. The song is about internet problems everyday Egyptians face, particularly internet bundles ending too quickly. […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.7699 | Sell 17.8699 EGP / USD at CIB: Buy 17.77 | Sell 17.87 EGP / USD at NBE: Buy 17.69 | Sell 17.79 EGX30 (Tuesday): 14,678 (-0.3%) Turnover: EGP 1.1 bn (2% above the 90-day average) EGX 30 year-to-date: +18.9% THE MARKET ON TUESDAY: The EGX30 ended […]
Posted inCALENDAR
28 December (Thursday): Central Bank of Egypt’s Monetary Policy Committee to review policy rates. 29-30 January (Monday-Tuesday): Seamless North Africa, The Nile Ritz-Carlton, Cairo 12-14 February 2018 (Monday-Wednesday): Egypt Petroleum Show 2018 (EGYPS), New Cairo Exhibition Center. 19-20 February 2018 (Monday-Tuesday): The Banking Tech North Africa, The Nile Ritz-Carlton, Cairo 17-21 February 2018 (Saturday-Wednesday): Women […]
Posted inWhat We're Tracking Today
What we’re tracking on 19 December 2017
US Vice President Mike Pence is delaying his visit to the region (again) and will arrive some time the week of 14 January, according to US media reports. Pence was scheduled to be in Cairo this week before heading to Israel. Prominent regional spiritual and political leaders, including Pope Tawadros II and the head of […]
Posted inWhat We're Tracking Today
Azza Fahmy has first show in New York
We’re always pleased to see Egyptian success stories abroad, which makes us that much happier to learn that Randa Fahmy Aboul-Nasr and Sylvia Van Vilet-Ragheb of Syra Arts held a trunk show for Azza Fahmy in New York on December 10. The show kicked off with a reception the day before. Among the attendees were […]
Posted inWhat We're Tracking Today
** Take our end-of-year survey — get a bag of Enterprise-branded coffee and cool mugs from which to drink it: It’s that time of the year again — we want you to help us gauge how well business went during the year. What are the biggest challenges you faced during the year? Where will the […]
Posted inWhat We’re Tracking This Week
If your commute takes you through the Giza area, be prepared for a very long three years spent in a car. The Giza Traffic Directorate in coordination with the National Authority for Tunnels plan to shut down Sudan street and a number of other adjacent roads divert traffic for a period of three years starting […]
Posted inON THE HORIZON
On the horizon
The central bank will meet a week from Thursday to consider interest rates. The emerging consensus seems to be that the 28 December meeting of the Monetary Policy Committee won’t interest rates cut after a surprise month-on-month surge in inflation in November.