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Comedian Mazhar Abol Naga has died at age 75, Ahram Online reports.
Author Archives: enterpriseam admin
Posted inTHE MARKETS YESTERDAY
BY THE NUMBERS
EGP / USD CBE market average: Buy 18.0312 | Sell 18.1341 EGP / USD at CIB: Buy 18.05 | Sell 18.15 EGP / USD at NBE: Buy 17.95 | Sell 18.05 EGX30 (Sunday): 12,434 (-0.7%) Turnover: EGP 521.1 mn (52% below the 90-day average) EGX 30 year-to-date: +0.7% THE MARKET ON SUNDAY: The EGX30 ended […]
Posted inCALENDAR
04-07 May (Thursday-Sunday): Caféx, CICC, Cairo. 05-07 May (Friday-Sunday): Egypt Property Show, DWTC, Dubai. 08-09 May (Monday-Tuesday): Third Egypt CSR Forum, Intercontinental Citystars Hotel, Cairo. 9-11 May (Tuesday-Thursday): 2nd Egypt Oil & Gas Summit, Cairo. 10-12 May (Wednesday-Friday) The 15th Middle East & North Africa International Franchise Exhibition, AUC Downtown Greek Campus, Cairo. 10-12 May […]
Posted inWhat We're Tracking Today
What we’re tracking on 30 April 2017
Pope Francis has left Egypt, which means an end to the traffic-less, no double-parking idyll we have enjoyed in Zamalek, Maadi and Heliopolis — ”It’s just like before 2011. Fee nezam,” we heard on more than one occasion this weekend. We have more on the pontiff’s visit at the tail of this morning’s Speed Round […]
Posted inWhat We’re Tracking This Week
What we’re tracking on the week of 30 April 2017
Straight out of the department of Inshallah: The House of Representatives’ Economics Committee may decide to grow a conscience this week and actually begin discussing the FY2017-18 budget. We’re also going to be looking for evidence that our elected Investment Act is expected to be passed by the House of Representatives before the end of […]
Posted inEnterprise+: Last Night’s Talk Shows
El Garhy talks IMF visit, Eurobonds; Nasr on the Investment Act delays
Finance Minister Amr El Garhy and Investment and International Cooperation Minister Sahar Nasr’s interviews were the main highlights in the airwaves which largely focused on the Pope’s visit. The IMF delegation arrived yesterday and will be here for two weeks to review progress on the economic reforms before disbursing the second tranche of the USD […]
Posted inSpeed Round
Manufacturers increasing reliance on local inputs, expanding exports
Manufacturers in Egypt are sourcing more of their inputs from local suppliers as prices increase, Reuters’ Asma Alsharifwrites. “Localising raw materials is extremely important at this time. We cannot depend on a [USD]-based cost structure with an Egyptian pound revenue streamline,” PepsiCo's North East Africa General Manager Ahmed El Sheikh told a recent conference. PepsiCo […]
Posted inSpeed Round
Egypt’s non-oil exports grow 15% y-on-y in 1Q17 to USD 5.5 bn
Egypt’s non-oil exports are up 15% year-on-year in 1Q17 to USD 5.5 bn, up from USD 4.8 bn in 1Q16, Trade and Industry Minister Tarek Kabil said as he released trade figures for the quarter. This coincided with a 29% y-o-y reduction in imports to USD 12.1 bn, down from USD 17.0 bn in 1Q16, […]
Posted inSpeed Round
Swiss court rules that Egypt must pay Israel Electric USD 2 bn
Swiss court rules that Egypt must pay Israel Electric USD 2 bn: A Swiss court has rejected an appeal by EGAS and the EGPC to overturn a French court’s decision last year ordering them to pay USD 2 bn in compensation to Israel Electric Corporation (IEC) for halting gas supplied to it back in 2012, […]