The EGX30 fell 0.7% at today’s close on turnover of EGP 2.8 bn (30.5% below the 90-day average). Local investors were the sole net buyers. The index is up 3.7% YTD. In the green: Emaar Misr (+2.4%), Madinet Masr (+1.5%), and Edita (+1.9%). In the red: Eipico (-4.4%), Telecom Egypt (-3.1%), and Eastern Company (-2.3%).
Author Archives: enterpriseam admin
APRIL 6-30 April (Sunday-Wednesday): More Than Just A Word art exhibit at Nout Gallery in Zamalek. 8-30 April (Tuesday-Wednesday): Faces of the Margin art exhibition. 25 April (Friday): Tamer Ashour concert at ZED Park, Sheikh Zayed. MAY 2 May (Friday): Skrew Official Tournament at the Boom Room. 3 May (Saturday): Enrique Eglesias at the Rixos […]
Central Bank of Egypt cuts interest rates by 225 bps
Happy Easter, everyone. The public and private sectors are getting two days off next week — Monday for Sham El Nessim and Thursday for Sinai Liberation Day. Bankers will also be taking the two days off in addition to Sunday in observance of Coptic Easter. That includes us too: EnterpriseAM Egypt will be taking a […]
The practical guide to a digital downgrade
You know the spiel: smartphones have become indispensable extensions of ourselves — always present, constantly demanding attention, and… increasingly expensive. The main driver behind burnt-out professionals downgrading to simpler devices was historically peace of mind, but in the light of the US tariffs threatening electronics manufacturing prices that will echo in Egypt, now may be […]
Belly laughs in Siko Siko
? If you haven’t watched Siko Siko yet, it’s not too late. This Eid film stars Essam Omar and Taha Desouky, is written by Mohamed El Dabbah of Beit El Ruby fame, and directed by Omar El Mohandis, known for the Balto series. Since its release over Eid, this comedy has topped the silver screen […]
Facebook, exposed
A gripping insider account from Sarah Wynn-Williams, a former Facebook executive who lifts the lid on the tech giant’s most morally murky chapters
Dessert is an art
What makes Weirdough different from the typical grab-and-go bakery is the inviting atmosphere