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Posted inNational Security

Court sentences 13 terrorists to death

A Cairo criminal court sentenced 13 members of the Ajnad Misr terror group to death yesterday. All had been convicted of launching attacks on security forces, Reuters reports. “Ajnad Misr, or Soldiers of Egypt, were a group that emerged in January 2014 and targeted security forces in and around the Egyptian capital. The group’s leader […]

Posted inON YOUR WAY OUT

Jumanji in Cairo?

Jumanji in Cairo? An ostrich was caught on camera enjoying a lovely stroll down a street in Giza minding its own business. Allaa Salah Eldin Abdo uploaded the video on Twitter, saying: “I don’t know how to tell you this, but I found a lost ostrich in the street.” We feel your confusion, man.

Posted inON YOUR WAY OUT

On this day: 09 October

ON THIS DAY- On this day in 1967, Marxist revolutionary Ernesto 'Che' Guevara was executed by the Bolivian army. “The US-military-backed Bolivian forces captured Guevara on October 8 while battling his band of guerrillas in Bolivia and assassinated him the following day. His hands were cut off as proof of death and his body was […]

Posted inThe Market Yesterday

Powered by EGP / USD CBE market average: Buy 17.5974 | Sell 17.6974 EGP / USD at CIB: Buy 17.60 | Sell 17.70 EGP / USD at NBE: Buy 17.60 | Sell 17.70 EGX30 (Sunday): 13,998 (+0.8%) Turnover: EGP 1.2 bn (32% above the 90-day average) EGX 30 year-to-date: +13.4% THE MARKET ON SUNDAY: The […]

Posted inCALENDAR

11-12 October (Wednesday-Thursday): 2030 Mega Projects Conference, Nefertiti Hall, Cairo International Convention Center, Cairo. 11-13 October (Wednesday-Friday): Middle East and Africa Rail Show, Cairo International Convention Center, Cairo. 15-16 October (Sunday-Monday): The Marketing Kingdom Cairo 3 conference, Dusit Thani Lakeview Hotel, Cairo. 17 October (Tuesday): The Narrative PR Summit, Four Seasons Nile Plaza, Cairo. 18-19 […]

Posted inWhat We’re Tracking This Week

What we’re tracking this week

Finance Minister Amr El Garhy and Investment Minister Sahar Nasr are heading to Washington this week to attend the IMF and World Bank’s fall meetings which begin tomorrow. Senior members of the Egyptian business community will also attend, and we expect there will be at least one high-profile investment-promotion event on the other side of […]

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