Seven civilians, including two women and two children, were killed in an explosion near a military checkpoint in North Sinai’s Al Arish yesterday, Ahram Online reports.
Author Archives: enterpriseam admin
Army games set to kick-off in Russia
Egypt is among the 22 countries set to participate in the annual army games,according to Sputnik.
Nat Geo Abu Dhabi announces winner of their photography competition
Two Egyptians and a Palestinian have won National Geographic Abu Dhabi’s photography competition, Arab News reports. Mohamed Mahdy of Egypt won the Adult Single Image Category, Barakat Khaled of Egypt the Youth Category and Fatima Shbair of Palestine the Photo Documentary Category. They beat out 19k entries across their categories in the 7th iteration of […]
Egyptian coastguards rescue 39 passengers from diving boat fire
The Egyptian Coast Guard rescued 39 passengers from a fire on a diving boat in Northern Hurghada on Sunday, Standard Republic reports. The group, which reportedly included 29 foreigners, was unscathed. The Coast Guard is a division of the Egyptian Navy.
BY THE NUMBERS
EGP / USD CBE market average: Buy 17.8371 | Sell 17.9379 EGP / USD at CIB: Buy 17.85 | Sell 17.95 EGP / USD at NBE: Buy 17.80 | Sell 17.90 EGX30 (Monday): 13,753 (+0.3%) Turnover: EGP 565 mn EGX 30 year-to-date: +11.4% THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.3%. CIB, […]
26 July (Wednesday): “The implementation of the New Urban Agenda in Egypt” United Nations Information Center and UN Habitat seminar, Grand Nile Tower Hotel, Garden City, Cairo. 03-05 August (Thursday-Saturday): Watrex Expo Middle East, Cairo International Exhibition & Convention Center. 17 August (Thursday): Central Bank of Egypt’s Monetary Policy Committee to review policy rates. 26 […]
What we’re tracking on 24 July 2017
We enter August a week from tomorrow, with all of the earnings season insanity that entails. It’s then a quick slide into the Eid Al Adha long weekend (starting Thursday, 31 August — TBD) and then planning for 2018. Anyone else feeling this year went by awfully quickly? If you, like at least one of […]
On the horizon
The House of Representatives’ Health Committee will meet in August to discuss a possible second round of med price increases for 2017, according to Al Borsa. MPs will review Health Ministry report on pricing that has yet to be made public and that is believed to recommend raising the prices of some 1,320 meds out […]
Last night’s talk shows is still on vacation
Last Night’s Talk Shows is on summer hiatus until this coming Sunday. Enjoy the break from the talking heads — we certainly have.
Al Mal leaks amendments to banking acts
Purported amendments to the banking and central banking acts have leaked: Al Mal has published its take on what it says are leaks of the most important planks of the Central Bank of Egypt’s proposed amendments to the banking and central banking acts. It says there are five major surprises in the proposed amendments: Imposing […]