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Russia negotiate with Egypt at the MAKS-2017 international airshow for the delivery of Ka-52K helicopters to be used on the Mistral-class carriers, Director of Russia’s Federal Service for Military and Technical Cooperation Dmitry Shugayev said, according to TASS. This comes as the first three Ka-52 helicopters built at Progress Plant were accepted by Egypt, a […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
UK embassy launches Oil & Gas International Scholarship Program for Egyptians
The UK embassy launched a scholarship program that will see 2k Egyptian oil and gas sector employees attend training programs over the next five years, Ahram Online reports. The Oil and Gas International Scholarship Program was designed by the International Academy for Advanced Research and Studies and its training partner Pearson, in cooperation with Oil […]
Posted inTHE MARKETS YESTERDAY
BY THE NUMBERS
EGP / USD CBE market average: Buy 17.8813 | Sell 17.9819 EGP / USD at CIB: Buy 17.90 | Sell 18.00 EGP / USD at NBE: Buy 17.82 | Sell 17.92 EGX30 (Tuesday): 13,718 (-1.7%) Turnover: EGP 1.1 bn EGX 30 year-to-date: +11.1% THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.7%. CIB, […]
Posted inCALENDAR
15-19 July (Saturday-Wednesday): SSIGE’s GeoMEast 2017 International Congress and Exhibition, Sharm El Sheikh. 23 July (Sunday): Revolution Day, national holiday. 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 August (Saturday): 27th Egyptian-Jordanian Joint Higher Committee […]
Posted inWhat We're Tracking Today
What we’re tracking on 18 July 2017
Some banks have begun selling FX to private citizens without requiring travel documents in what Al Borsa says is a sign of improving availability of foreign exchange. Some banks surveyed were limiting sales to USD 2k per person, while others were reportedly selling with no limit. CIT Minister Yasser El Kadi is in Paris for […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
Sunday is Revolution Day, and that means it’s a three-day weekend coming up. That’s the only prize we got our eye on this week.
Posted inON THE HORIZON
On the horizon
The Ismail cabinet is on track to issue the executive regulations to the Investment Act in August, the Prime Minister said last week. Egypt and Romania are expected to sign MoUs on investment, SMEs, agriculture, water resources and irrigation, oil and gas, and tourismin Bucharest on 26-28 July.
Posted inEnterprise+: Last Night’s Talk Shows
Talk shows off for the next few weeks
If the talking heads can give their soap boxes a break, so can we. Our daily talk shows coverage will return on Thursday, 27 July.
Posted inSpeed Round
Investment map leaked in the local press
Investment map leaked in the local press: Al Mal has released copies of what it says are projects up for grabs as part of the investment map drawn up by the Investment and International Cooperation Ministry. The purported copies are extensive and cover a wide range of sectors and geographies including projects in the New […]