Author Archives: enterpriseam admin
It’s time to rise up
MARK YOUR CALENDAR- The RiseUp Summit returns once again, kicking off tomorrow and running until Saturday, 10 May at the Grand Egyptian Museum. The summit brings together investors, leaders, entrepreneurs, and promising startups in Egypt and the Arab region. You can grab your tickets from Ticketsmarché. HAPPENING THIS WEEK- This might be your last shot […]
What the markets are doing on 7 May 2025
The EGX30 fell 1.3% at today’s close on turnover of EGP 6 bn (34.3% above the 90-day average). Foreign investors were net sellers. The index is up 7% YTD. In the green: Beltone Holding (+3.6%) and TMG Holding (+1.7%). In the red: Juhayna (-5.8%), Fawry (-4.5%) and Orascom Developments (-3.8%).
MAY 7 May (Wednesday): The Royal Philharmonic Orchestra concert featuring Samih Sawiris. 8-10 May (Thursday-Saturday): RiseUp Summit. 8-18 May (Thursday-Sunday): Cairo Photo Week in Downtown Cairo and District 5. 9 April (Friday): The Grand Show: Omar Khairat at Qubba Palace. 10 May (Saturday): Egypt Coffee Festival at Kamelizer. 16 May (Friday): Angham at the Cairo […]
IMF begins fifth review of our loan program this week
Good morning, all. We have another busy issue for you this morning to ring in the first hump day of May. Leading today’s issue is the central bank’s balance of payments report for the first half of the current fiscal year. Meanwhile, Egypt is inching closer to the liberalization of the electricity market, and a […]
Somabay Sports Arena steps up as a leading sports destination by welcoming new partnership with S Tennis Academy and expanding its partnership with Oneflow to manage Football Courts and the Aquatics Center. With global training camps, elite facilities, and stunning surroundings, Somabay continues to shape the future of sports tourism on the Red Sea.
Current account deficit rises to USD 11.1 bn in 1H FY 2024-2025
The trade deficit rose to 47.4% during the period
Five renewable players inch closer to selling electricity to consumers
The companies approved to obtain the license produce a combined 500 MW from five solar and wind plants
Give the bot your credit card
The payment giant thinks AI-driven commerce where bots buy tickets, clothing, and everything else for you could be the next big thing in e-commerce