Military prosecutors ordered the release of 237 members of Zamalek fan club the Ultras White Knights after they were detained for five months following violence after a game in Alexandria, according to Ahram Online.
Author Archives: enterpriseam admin
Interior Ministry raises security levels to maximum
The Interior Ministry is raising the security level to maximum as we approach Coptic Christmas season,according to an official statement from the ministry. Increased security procedures will include heightened measures around Christian places of worship and constant perimeter checks as well as increased patrols and checkpoints on major thoroughfares. Expect the measures to take hold […]
Sunday Times profiles Mohamed Salah
The Sunday Times’ (paywall) football correspondent Jonathan Northcroft profiled Egypt’s “jewel of The Nile,” footballer Mohamed Salah. “Those who know Salah say he is two things: incredibly generous and quietly, wickedly humorous… He avoids interviews but speaks through actions. In his rural home region he’s building a school and paid for an ambulance service and […]
Banque Misr offers loan packages to fans wishing to attend the World Cup
Banque Misr is offering customers loans ranging from EGP 3,000-40,000 to go attend the World Cup in Russia next summer, according to Al Mal. Repayment plans range from three months to two years and annual interest is estimated to reach 11.45%. Customers have to provide a salary certificate, a current electricity bill or water bill […]
Ancient Egyptian cat display on at the Sackler Gallery
An exhibition on the role of cats in Ancient Egypt runs at the Smithsonian Institution’s Arthur M. Sackler Gallery in Washington DC until 15 January, according to the Arab News. The collection of paintings, sculptures and statues showcases the feline influence on Ancient Egypt. The 80 piece exhibition explores how cats rose to prominence in […]
EGP / USD CBE market average: Buy 17.7632 | Sell 17.8632 EGP / USD at CIB: Buy 17.77 | Sell 17.87 EGP / USD at NBE: Buy 17.69 | Sell 17.79 EGX30 (Sunday): 14,717 (+0.3%) Turnover: EGP 1.2 bn (12% above the 90-day average) EGX 30 year-to-date: +19.2% THE MARKET ON SUNDAY: The EGX30 ended […]
19 December (Tuesday): Village Capital’s Financial Health Competition: Middle East and Egypt (applications close 3 November) 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 […]
What we’re tracking on 17 December 2017
It’s a very good news day, ladies and gentlemen — just the type of thing we need to keep us in high spirits as we look forward to the end-of-year news slowdown. Why are we smiling this morning? Russian tourists should start returning in February — and the Zohr field has started production. Taken together, […]
What we’re tracking this week
US Vice President Mike Pence is delaying his scheduled visit to the region, Haaretz reports. Pence was supposed to arrive to Israel today, but is instead staying in Washington “due to Congressional votes on tax reform,” according to reports. Pence was also scheduled to visit Egypt, but his schedule now is now unclear. According to […]