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63% of Egyptians say they don’t believe verbal divorce counts if it remains undocumented, according to the latest poll by the Egyptian Center for Public Opinion Research (Baseera). Baseera found no significant discrepancy between the number of male and female respondents rejecting undocumented verbal divorce, but only one third of those polled said they have […]
Author Archives: enterpriseam admin
Posted inTHE MARKETS YESTERDAY
BY THE NUMBERS
EGP / USD CBE market average: Buy 17.6318 | Sell 17.7418 EGP / USD at CIB: Buy 17.6 | Sell 17.7 EGP / USD at NBE: Buy 17.5 | Sell 17.6 EGX30 (Sunday): 12,919.90 (+0.52%) Turnover: EGP 870.1 mn (100% above the 90-day average) EGX 30 year-to-date: +4.66% THE MARKET ON SUNDAY: The EGX30 ended […]
Posted inCALENDAR
15 March (Wednesday): Arab Women Organization’s event: Investing in refugee women, UN General Assembly Building, New York City. 18-19 March (Saturday-Sunday): Delegation of Japanese food industries companies visits Egypt. 29-30 March (Wednesday-Thursday): Cityscape Egypt Conference, Nile Ritz-Carlton, Cairo. 29-31 March (Wednesday-Friday): Balanced Development of Siwa Oasis International Tourism Conference, Siwa Oasis. 30 March (Thursday): Central […]
Posted inWhat We're Tracking Today
What we’re tracking on 12 March 2017
Good morning from Cairo, where we’re happy this morning to mark both our return home from Dubai, where we attended the EFG Hermes One on One, and our 600th weekday edition of Enterprise. The best news we’ve read in ages: Month-on-month inflation is cooling, a key indicator we suggested last month that you folks look […]
Posted inWhat We're Tracking Today
Facing down the bull of Wall Street
Our favorite thing of last week: State Street’s statue of a young girl about the same age as our resident nine-year-old, staring down the famous bull of Wall Street. As part of its drive to see more women in c-suites and on corporate boards (among other gender equity issues), the world’s third-largest asset manager pulled […]
Posted inON THE HORIZON
What we’re tracking this week
LEGISLATION WATCH- March looks set to be a busy month for the House on the economic front, with legislators due to consider a basket of laws and amendments to existing legislation, including: The Contractor's Compensation Act will come up for a vote in a plenary session on Monday. The measure would give the government legislative […]
Posted inEnterprise+: Last Night’s Talk Shows
Adib in the hospital for exhaustion; Recycling initiative gets lauded; Planning Minister discusses ACA’s bribery case; Ozymandias unearthed
Talking heads last night all wished Kol Youm’s Amr Adib well, as he was admitted to the hospital yesterday for exhaustion. Hona Al Asema’s Lamees El Hadidy canceled her show on Saturday to be with him, but she called in to Akher El Nahar to tell host Gaber Al Armooty that Adib was doing well […]
Posted inSpeed Round
Inflation rates above 30%, m-o-m rates start to ease
Inflation is now easing month-on-month despite having broken the 30% barrier on a y-o-y basis,according to data from the CBE, a sign that the one-off shock of the November 2016 float of the pound may now be starting to taper. Month-on-month food price inflation rate dipped to 4.1% in February from 7.0% in January. Similarly, […]
Posted inSpeed Round
Yields on treasuries fall on Thursday
Average yields on Egypt's one-year and six-month treasury bills dropped at an auction on Thursday, according to Reuters. The 182-day treasury bills dropped to 18.657% from 20.015% at the previous auction, and the yield for the 357-day treasury bills eased to 18.549% from 19.922% in a similar auction, the newswire reports.Al Borsa says foreigners bought […]