MARK YOUR CALENDAR- Homegrown talent under the global spotlight. Egyptian artist and young entrepreneur Zeina Soliman will be showcasing her latest collection at the Home, Heritage and Transcendental Cultures group exhibition taking place in London this Thursday, 22 May. Soliman explores memory, home, and belonging through a series of dreamlike acrylic paintings, each embodying a […]
Author Archives: enterpriseam admin
What the markets are doing on 21 May 2025
The EGX30 rose 0.7% at today’s close on turnover of EGP 4.3 bn (7.3% below the 90-day average). Local investors were the sole net buyers. The index is up 7.1% YTD. In the green: Fawry (+5.0%), ADIB (+4.7%) and Beltone Holding (+4.3%). In the red: Abu Qir Fertilizers (-2.4%), Rameda (-2.0%) and Eipico (-1.5%).
14-31 May (Wednesday-Saturday): The Corner Shop pop-up in Downtown Cairo. 21-31 May (Wednesday-Saturday): Disney On Ice at Cairo International Stadium. 21 May (Wednesday): Gaby Bishara at Boom Room. 21 May (Wednesday): Zaid Khaledand Massar Egbari at CJC 610. 22-23 May (Thursday-Friday): Carmen Opera at The Cairo Opera House. 22 May (Thursday): Tetrat w Zekrayat at […]
Our imports of Israeli gas will dip 20% throughout the summer
Good morning, friends, and happy hump day. As has been the case for most of this month, we have a packed issue for you this morning, led by a whole lot of M&A news, fresh Chinese investments, TMG’s expansion into another Gulf country, and Beltone’s leasing arm closing its second securitization issuance. PSA- WEATHER- It’s […]
The Somabay Endurance Festival returns for its 7th edition from Thursday, May 29 to Saturday, May 31, 2025, at the Red Sea. Organised by The TriFactory, the event features Super Sprint, Sprint, Olympic, Youth, 1K Kids, and 10K races—uniting athletes of all ages for a weekend of competition, fitness, and fun at Somabay.
MaxAB-Wasoko acquires Fatura
EFG Finance will become a significant shareholder in MaxAB-Wasoko
GAC Motor could set up a USD 300 mn car manufacturing plant here
PLUS- Oppo plans to make Egypt its second largest global production hub after China
TMG announces Oman expansion with two developments in the pipeline
Combined sales from the projects are expected to reach OMR 1.8 bn — equivalent to USD 4.7 bn
Beltone’s leasing arm raises EGP 2 bn in its second securitization issuance
The issuance came in three tranches ranging from 25-54 months