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Egyptian-German documentary Dream Away will be part of the Final Cut workshop at the Venice Film Festival, according to Ahram Online.
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Press Syndicate is suing Mortada Mansour for barring journalists from entering the FC
Mortada Mansour is once again the subject of a lawsuit, with the FC Zamalek boss under fire from the Press Syndicate, Al Mal reports. The suit was filed after Mansour, not known for his subtlety, allegedly barred reporters and members of the FC on multiple occasions from entering the club without any real reason.
Posted inTHE MARKETS YESTERDAY
EGP / USD CBE market average: Buy 17.74 | Sell 17.84 EGP / USD at CIB: Buy 17.75 | Sell 17.85 EGP / USD at NBE: Buy 17.75 | Sell 17.85 EGX30 (Sunday): 13,558 (+1.1%) Turnover: EGP 680 mn (27% below the 90-day average) EGX 30 year-to-date: +9.8% THE MARKET ON SUNDAY: The EGX30 closed […]
Posted inCALENDAR
17 August (Thursday): Central Bank of Egypt’s Monetary Policy Committee to review policy rates. 31 August-04 September (Thursday-Monday): Eid Al-Adha, national holiday (TBC) as specified by the Astronomical and Geophysics Institute. The Thursday is the waqfat Arafat, with the first day of the Eid on Friday, 1 September. September — The House of Representatives is […]
Posted inWhat We're Tracking Today
What we’re tracking on 06 August 2017
Expect grumbling in the streets this morning after Cairo public bus fares rose 50%: The Transport Authority raised the price of public bus tickets by EGP 0.50 on Friday, according to Al Mal. The decision comes following cuts in fuel subsidies last month, but drivers are claiming that the move came without warning. Bus tickets […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
Brace yourselves for price bumps in phone services: Vodafone Egypt will kick off today a series of meetings the National Telecommunications Regulatory Authority (NTRA) will be holding with mobile network operators this week to discuss fee hikes, reports Youm7. MNOs want the NTRA to allow them to raise prices for both phone and internet services, […]
Posted inON THE HORIZON
On the horizon
The House is expected to pass the long-awaited Bankruptcy Act at the start of its fall legislative term, House Legislative Committee MP Samy Ramadan tells Youm7. The committee is expected to begin its review of the bill — which would effectively decriminalize bankruptcy and could make it possible for companies to request time to re-structure […]
Posted inEnterprise+: Last Night’s Talk Shows
Rise in public transport fees reigns supreme with TV’s power couple still off the air
With Lamees Al Hadidi off for the month and Amr Adib off for the week, we expect the airwaves will continue to serve us mixed platters of random topics. The Transport Ministry’s decision to raise public bus fares in Cairo by EGP 0.50 was the topic of the night on Hona Al Asema, where host […]
Posted inSpeed Round
New orders stabilising, export orders increasing -PMI
New export orders increased for the fourth consecutive month in July and new orders overall have stabilised, ending a 21-month straight decline, according the Markit / Emirates NBD Egypt PMI. Overall, with the PMI reading registering 48.6 in July, the downturn in the health of the economy eased in July and output declined at the […]