NI Capital launched a financial consulting subsidiary called NI Consulting on Wednesday,according to a company statement picked up by AMAY.
Author Archives: enterpriseam admin
Unemployment rate drops to 11.9%
The unemployment rate dropped to 11.9% in 3Q2017, Reuters reported, citing CAPMAS. The rate fell from 12.6% in 3Q2016.
Egypt plans to issue annual report on human rights status to respond to international claims
The Egyptian government plans to issue an annual report on the state of human rights in the country, Parliamentary Affairs Minister Omar Marwan said yesterday, Ahram Online reports. “Reports by international entities with which Egypt has signed agreements will receive sufficient attention and care from the government,” Marwan said. “We will also respond to reports […]
Priest killer sentenced to death
A man has received the death sentence for the murder of a priest in Cairo in October,MENA news reported. The sentence now gets passed to the Grand Mufti for review.
Badie death sentence upheld
The Court of Cassation rejected Ikhwan Leader Mohamed Badie’s appeal of a death sentence on Wednesday, Reuters reports. His case goes back to his role in violent clashes in Ismailia, and the original sentence was handed out in 2016.
Court releases 24 Nubians pending trial for protest
The State Security Court has ordered the release of 24 Nubians pending trial on charges they took part in an illegal protest in Aswan, sources told The Associated Press. “The Nubian protest demanded they be allowed to return to their ancestral land around the lake formed by the Aswan High Dam.”
Egypt’s BlinkApp selected to join BigBooster
19 African startups were picked to join the third edition of international non-profit accelerator BigBooster in Lyon, France, according to Disrupt Africa. Accident detection and notification app BlinkApp was the only Egyptian company who made the list.
On this day: 16 November
ON THIS DAY- On this day in 1988, Benazir Bhutto was elected prime minister of Pakistan, to become the first woman in modern history to lead a Muslim country. Bhutto served as prime minister from 1988 to 1990 and again from 1993 to 1996.The Constitution of UNESCO was signed on this day in 1945, and […]
EGP / USD CBE market average: Buy 17.5929 | Sell 17.6929 EGP / USD at CIB: Buy 17.56 | Sell 17.66 EGP / USD at NBE: Buy 17.58 | Sell 17.68 EGX30 (Wednesday): 14,025 (-0.8%) Turnover: EGP 1.1 bn (11% above the 90-day average) EGX 30 year-to-date: +13.6% THE MARKET ON WEDNESDAY: The EGX30 ended […]
16 November (Thursday): Central Bank of Egypt’s Monetary Policy Committee to review policy rates. 19-21 November (Sunday-Tuesday): 11th Annual INJAZ Young Entrepreneurs Competition, Four Seasons Nile Plaza, Cairo. 01 December (Friday): Prophet’s Birthday, national holiday. 01-03 December (Friday-Sunday): RiseUp Summit, Downtown Cairo. 03-05 December (Sunday-Tuesday): Solar-Tec, Cairo International Exhibition & Convention Center. 03-05 December (Sunday-Tuesday): […]