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Prime Minister Sherif Ismail imposed a curfew in specific areas of North and Central Sinai, effective today, Al Shorouk reports. The curfew will run from 7pm to 6am, except for Al Arish and the international road, where the curfew will run from 1am to 5am.
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
Indigestion meds consumption up 30% compared to normal rates in Sham El Nessim
Sales of meds to treat indigestion and food poisoning were up 30% on Sham El Nessim as the nation indulged its taste for fiseekh and ringa, Al Borsa reports
Posted inTHE MARKETS YESTERDAY
BY THE NUMBERS
EGP / USD CBE market average: Buy 18.0356 | Sell 18.1385 EGP / USD at CIB: Buy 18.05 | Sell 18.15 EGP / USD at NBE: Buy 17.95 | Sell 18.05 EGX30 (Wednesday): 12,895 (-1.0%) Turnover: EGP 733 mn (35% below the 90-day average) EGX 30 year-to-date: +4.5% THE MARKET ON WEDNESDAY: The EGX30 ended […]
Posted inCALENDAR
20 April (Thursday): Closing date for the Egyptian Mineral Resources Authority bid round number 1 for 2017 for gold and associated minerals. 22-24 April (Saturday-Monday): Food Africa, Cairo International Convention Center, Cairo. 24-25 April (Monday-Tuesday): Renaissance Capital’s Egypt Investor Conference, Cape Town, South Africa. 25 April (Tuesday): Sinai Liberation Day, national holiday. 25-26 April (Tuesday-Wednesday): […]
Posted inWhat We're Tracking Today
What we’re tracking on 19 April 2017
US Defense Secretary Jim Mattis is due in Cairo today for security and defense talks on the second leg of his Mideast tour. In Saudi Arabia yesterday, Mattis suggested the US could provide more assistance to the Saudi-led coalition’s war in Yemen, Reuters reports, adding that the defense secretary’s tour “may give clarity on the […]
Posted inWhat We’re Tracking This Week
What we’re tracking this week
The IMF and World Bank spring meetings are due to kick off on Friday and run through Sunday. Confirmed attendees (so far) from Egypt include Investment and International Cooperation Minister Sahar Nasr and Central Bank of Egypt Governor Tarek Amer. The agenda page for the gatherings is now up, with teasers on the World Economic […]
Posted inON THE HORIZON
On the horizon
The House of Representatives’ Planning and Budget Committee is scheduled to begin discussing the FY2017-18 state budget mid-next week. Finance Minister Amr El Garhy and Planning Minister Hala El Said will brief the MPs on the budget bill, committee chairman Yasser Omar said, according to Al Borsa. Omar says the committee was expecting to begin […]
Posted inEnterprise+: Last Night’s Talk Shows
Lamees hard on the economic reforms; Legislative, judiciary beef grows
Lamees Al Hadidi play devil's advocate last night in her coverage of the IMF and IMF’s World Economic Outlook and the World Bank’s Egypt Economic Outlook. She singled out one element of the reports that suggests a decline in consumer spending is a result of the high inflation and proceeded to grill her guests on […]
Posted inSpeed Round
Daesh gunmen attack checkpoint by St. Catherine Monastery in Sinai
Gunmen attacked a checkpoint near the St. Catherine’s Monastery in South Sinai Tuesday evening, killing a member of the police service and wounding three others, according to a statement from the Interior Ministry. The gunmen had attacked on a motorcycle and fled the scene after the attack. A manhunt was still on at dispatch time […]