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Canadian-Egyptian Doreen Assaad became mayor of the town of Brossard, Quebec, and naturally, the local press, including Egyptian Streets, wants to lay claim. Check out coverage from Canada’s Global News or her biography on her campaign website.
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
On this day: 08 November
ON THIS DAY- German physicist Wilhelm Conrad Rontgenbecame the first person to observe X-rays on this day in 1895. Donald Trump was elected US President on this day last year and voters in Ireland elected Mary Robinson as its first woman president. In 1656, English astronomer and mathematician Edmond Halley, the first to calculate the […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.5991 | Sell 17.6991 EGP / USD at CIB: Buy 17.58 | Sell 17.68 EGP / USD at NBE: Buy 17.60 | Sell 17.70 EGX30 (Tuesday): 14,058 (-0.1%) Turnover: EGP 1.1 bn (4% above the 90-day average) EGX 30 year-to-date: +13.9% THE MARKET ON TUESDAY: The EGX30 ended […]
Posted inCALENDAR
06-09 November (Monday-Thursday): EFG Hermes’ 7th Annual London Conference on 6-9 November, Arsenal’s Emirates Stadium. 10 November (Friday): The SODIC annual Charity Run, SODIC West, Cairo. 14 November (Tuesday): SEMED Business Forum: Investing for Sustainable Growth, Conrad Hotel, Cairo. 16 November (Thursday): Central Bank of Egypt’s Monetary Policy Committee to review policy rates. 19-21 November […]
Posted inWhat We're Tracking Today
What we’re tracking on 07 November 2017
The House of Representatives reconvenes today after a short break during which MPs took a tour of Washington, DC. We expect a slow ramp-up on the legislative front this week, with talk of laws on NGOs, drones and other miscellany taking up time. There’s still plenty of business-relevant legislation in the pipeline, including the proposed […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
Electricity Minister Mohamed Shaker will inaugurate the first station at the Benban solar power complex in Aswan this Wednesday, unnamed officials tell Al Borsa.Infinity Solar’s facility will connect 50 MW to the national grid once trial operations conclude, making it the first company to complete a solar power plant under the feed-in tariff program. Benban […]
Posted inON THE HORIZON
On the horizon
The central bank’s Monetary Policy Committee convenes a week from Thursday to review interest rates. We’re not expecting a cut in rates before the MPC’s 28 December meeting, by which time a year of post-float inflation data will be in the bag. Egypt plans to launch its first electronic visa in December at the Cairo […]
Posted inEnterprise+: Last Night’s Talk Shows
WYF, Saudi’s corruption clampdown dominate the airwaves
In a mixed night for business, the World Youth Forum and Saudi Arabia’s clampdown on corruption were the topics of the evening. Amr El Garhy interview: The finance minister had chat with Al Hayah Al Youm’s Tamer Amin about the VAT (watch, runtime: 3:49). El Garhy quite rightly dismissed the belief of previous governments that […]
Posted inSpeed Round
Another PR stunt from a ratings agency: Egypt is now a member of a re-born “Fragile Five.”
Another PR stunt from a ratings agency: Egypt is now a member of a re-born “Fragile Five.” Egypt, Argentina, Pakistan and Qatar have moved onto the list to replace Brazil, Indonesia, and South Africa, leaving only “poor Turkey, which has failed to graduate” on from the previous incarnation, the WSJ says (paywall). The new list […]