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Among the most-clicked stories in Enterprise in the past week: How to get your state-issued smart card for subsidized fuel. (ESP.gov.eg) Our nomination for the ultimate Ramadan business story for business owners and PE type: At Tim Hortons it’s not business as usual: Profits are up, but so is franchisee discontent. (Financial Post) Some monkey […]
Author Archives: enterpriseam admin
Posted inTHE MARKETS YESTERDAY
BY THE NUMBERS
EGP / USD CBE market average: Buy 18.0324 | Sell 18.1353 EGP / USD at CIB: Buy 18.05 | Sell 18.15 EGP / USD at NBE: Buy 17.95 | Sell 18.05 EGX30 (Wednesday): 13,340 (+0.8%) Turnover: EGP 2.9 bn (41% below the 90-day average) EGX 30 year-to-date: +8.1% THE MARKET ON WEDNESDAY: The EGX30 ended […]
Posted inCALENDAR
26 May-23 June (Friday-Friday): Window for firms to submit expressions of interest to the European Bank for Reconstruction and Development for consulting on Egypt’s oil and gas sector reform, London, UK. 07-09 June (Wednesday-Friday): 19th Annual Africa Energy Forum, Copenhagen, Denmark. 11 June (Sunday): Egyptian Private Equity Association’s annual Sohour, Four Seasons Hotel Nile Plaza, […]
Posted inWhat We're Tracking Today
It’s Wednesday. Take a second to give yourself a pat on the back — we’ve nearly made it through the first workweek of Ramadan. It’s also the last day of May, so we’re closing in on the halfway mark for 2017. Uruguay’s President Tabaré Vázquez meets with President Abdel Fattah El Sisi in Cairo today, […]
Posted inWhat We're Tracking Today
What we’re tracking on 31 May 2017
Something to make you smile this morning: If you buy the notion that more consumption in developed economies is ultimately good for EM, then you’ll be happy to know that the United States, the Eurozone and Japan have all released data that suggest their economies are showing “renewed signs of breaking out of post-crisis doldrums,” […]
Posted inWhat We're Tracking Today
Mobius on EM optimism, the genetics of ancient Egyptians, and Android creator Andy Rubin has a new phone out
Take heart: Doff’s Bloomberg piece includes an autoplay video in which Templeton’s Mark Mobius talks about why he’s optimistic about emerging markets. “Growth. It’s all about economic growth. Emerging markets are now growing at about three times faster than developed countries. Secondly, the US is destined to grow, and that will be good for the […]
Posted inON THE HORIZON
On the horizon
Egypt, Germany cozying up ahead of visit to Berlin by El Sisi? President Abdel Fattah El Sisi could be traveling to Germany on 12 June to speak at the African-German Summit in Berlin, Al Masry Al Youm reports. El Sisi is expected to meet with representatives from 15 German companies from industries including energy, car […]
Posted inEnterprise+: Last Night’s Talk Shows
Adib talks mosalsalat and Nasser on last night’s Kol Youm
The devolution of Amr Adib is complete: The bellowing talk show host was reduced last night to droning on about Ramadan serials, which he said collectively cost more than EGP 1 bn to produce this year. Adib said that Al Gamaa II, a sequel to last year’s drama on the history of the Ikhwan, is […]
Posted inSpeed Round
Sudan has imposed a blanket ban on imports of Egyptian agricultural and animal product
Sudan has imposed a blanket ban on imports of Egyptian agricultural and animal product: Sudan’s cabinet imposed a ban on the import of agricultural and farm products from Egypt, Sudan News Agency (SUNA) reports. The ban is “final” and customs warehouses will not receive Egyptian imports covered by the measure. The decree also stipulates that […]