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Congratulations, Misr. We’re up to 93.332 mn citizens according to a CAPMAS statement commemorating World Population Day. This compares to 92.1 mn citizens in the beginning of 2017 and 72.8 mn in 2006, when the last census took place. 51% of the Egyptian population is male and 31.3% of Egyptians are younger than 15 years […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Passengers faint from lack of ventilation on Air Cairo flight
A number of passengers fainted on an Air Cairo plane with no ventilation or air conditioning, a video posted on Twitter shows (runtime 0:28). The flight was heading from Kuwait to Borg El Arab airport in Alexandria.
Posted inTHE MARKETS YESTERDAY
BY THE NUMBERS
EGP / USD CBE market average: Buy 17.8407 | Sell 17.9409 EGP / USD at CIB: Buy 17.85 | Sell 17.95 EGP / USD at NBE: Buy 17.82 | Sell 17.92 EGX30 (Tuesday): 13,684 (+1.5%) Turnover: EGP 1.3 bn (33% below the 90-day average) EGX 30 year-to-date: +10.8% THE MARKET ON TUESDAY: The EGX30 ended […]
Posted inCALENDAR
13-15 July (Thursday-Saturday): AGRENA’s 19th Annual Poultry, Livestock, and Fish show, Cairo International Convention Center, Cairo. 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 […]
Posted inWhat We're Tracking Today
What we’re tracking on 11 July 2017
Inflation figures for June are out and they are quite encouraging. Monthly core inflation rates dropped to 0.8% in June from 1.99% in May, with inflation settling in at 30.57%. Don’t get too attached to seeing rates like these, considering the impact of the wave of price hikes we have seen recently (we have more […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
Egypt’s investment roadmap will be available for viewing this week, according to Minister Sahar Nasr. She had previously said that the plan will be regularly updated but currently contains 600 investment opportunities concentrated mostly in New Valley, Fayoum, and Qena.
Posted inON THE HORIZON
On the horizon
World Hepatitis Day is coming on Friday, 28 July. To mark the occasion, our good friends at Al Borg Laboratories will be participating in the World Hepatitis Alliance’s global campaign, the company announced in a statement. The campaign — one of only four global disease-specific awareness days that are officially endorsed by the World Health […]
Posted inEnterprise+: Last Night’s Talk Shows
El Garhy’s interview on Hona Al Asema
Finance Minister Amr El Garhy’s interview with Lamees Al Hadidi was the only thing to stand out in another tepid night in the airwaves. The second USD 1.25 bn disbursement of the IMF’s USD 12 bn extended facility will be checked into state coffers within the week, Finance Minister Amr El Garhy told Lamees on […]
Posted inSpeed Round
Inflation rates drop again in June
Inflation rates drop again in June: Egypt's core inflation rose to 31.95% year-on-year in June from 30.57% in May, according to a statement by the CBE on Monday. The good news is that the monthly core inflation rate dropped to 0.8% in June from 1.99% in May. Annual headline consumer price inflation rose slightly in […]