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ON THIS DAY- On this day in 1789, the Judiciary Act was passed by Congress and signed by President George Washington, establishing the Supreme Court of the United States as a tribunal made up of six justices who were to serve on the court until death or retirement. In 1976, white rule was ended in […]
Author Archives: enterpriseam admin
Posted inThe Market Yesterday
Powered by EGP / USD CBE market average: Buy 17.6174 | Sell 17.7174 EGP / USD at CIB: Buy 17.61 | Sell 17.71 EGP / USD at NBE: Buy 17.63 | Sell 17.73 EGX30 (Wednesday): 13,695 (-0.3%) Turnover: EGP 1.1 bn (27% above the 90-day average) EGX 30 year-to-date: +10.9% THE MARKET ON WEDNESDAY: The […]
Posted inCALENDAR
22-24 September (Friday-Sunday): CairoComix Festival, AUC Tahrir Campus, Cairo. 25-27 September (Monday-Wednesday): Egypt Downstream Summit and Exhibition, Kempinski Royal Maxim Palace, Cairo. 23-25 September (Saturday-Monday): Invest In Africa Conference and Exhibitors Summit, Gala Theater Complex, Cairo. 28 September (Thursday): Central Bank of Egypt’s Monetary Policy Committee to review policy rates. September — The House of […]
Posted inWhat We're Tracking Today
We’re looking forward to a busy, productive day before we enjoy what is quite possibly the last three-day-weekend of the year, and we’re doubly chuffed to have learned overnight that not two but three of us here at Enterprise share today as a birthday. Better still, Enterprise itself will blow our three candles at its […]
Posted inWhat We're Tracking Today
Take a tour of the Grand Egyptian Museum with us: A longstanding friend of Enterprise invited us to visit the Grand Egyptian Museum in what was the ultimate field trip. From our jaws dropping in awe of the immensity of the complex overlooking the Giza Pyramids to a tour of some never before seen exhibits […]
Posted inWhat We're Tracking Today
*** TAKE OUR READER SURVEY and tell us how you feel about business (and Egypt) this morning. It’s the largest quarterly survey of senior execs doing business here and of the folks who invest in them, and it won’t take more than a couple of minutes to complete unless you’d like to leave us a […]
Posted inON THE HORIZON
IMF review coming up end of October, third loan tranche in December: An IMF delegation is expected to visit Egypt at the end of October for a review ahead of the disbursal of the third USD 2 bn tranche of the country’s extended fund facility, which is scheduled for December, Finance Minister Amr El Garhy […]
Posted inEnterprise+: Last Night’s Talk Shows
The talking heads jumped on President Abdel Fattah El Sisi’s speech at the UN General Assembly late yesterday and nothing else. Kol Youm’s Amr Adib hosted American businessman and the (very respected) former US ambassador to Cairo Frank Wisner, who said that US-Egyptian relations are strategic and that the US “can’t see a stable region […]
Posted inSpeed Round
Egypt beat South Africa to the top stop of Rand Merchant Bank’s “Where to Invest in Africa” report for 2018. This is the first time South Africa has not been in top spot since the report was initiated seven years ago, Fin24 reports. Analyst Celeste Fauconnier tells Bloomberg TV that Egypt came ahead of South […]