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Mubasher Financial Services signed an agreement with QNB Alahli that will allow clients to open brokerage accounts at any of the bank’s branches across the country, Al Borsa reports.
Author Archives: enterpriseam admin
Posted inEgypt Politics + Economics
Cairo Court to look into yet another attempt to challenge the annulment of the Saudi island transfer agreement
The Cairo Court of Urgent Matters will hold its first hearing today on yet another attempt to challenge the Administrative Court’s verdict annulling the sovereignty handover agreement with Saudi Arabia over Red Sea islands Tiran and Sanafir, Al Mal says. The lawsuit was raised by lawyer Ashraf Farahat and comes almost a week after the […]
Posted inNational Security
DynCorp International wins aviation field maintenance services contract in Egypt, Europe
DynCorp International was awarded a USD 14.5 mn cost-plus-incentive-fee foreign military sales modification for aviation field maintenance services in the Netherlands and Egypt, according to the US Department of Defense. Work will be performed in Germany, Honduras, and Kuwait, with an estimated completion date of 31 December 2017.
Posted inNational Security
Russian engineer caught with a suspected homemade bomb at Egypt airport
A Russian electronics engineer was taken into custody for four days, after authorities found him carrying what they suspected was a homemade bomb at Alexandria’s Borg El Arab Airport on Friday, Youm7 reports. The suspect, who was trying to board a Turkish Airlines flight to Istanbul, has reportedly denied the charges and told authorities that […]
Posted inON YOUR WAY OUT
Google Doodle celebrates Egyptian belly dancer Samia Gamal
Today’s Google Doodle celebrates legendary belly dancer Samia Gamal on what would have been her 93rd birthday. Gamal began her career in cinema in 1943, and quickly rose to stardom thanks to dancing skills that rival those of Taheya Karioka. “We celebrate Samia Gamal, an Egyptian icon whose talents are admired as much today by […]
Posted inON YOUR WAY OUT
Measuring how long it takes for residents to earn enough to buy breakfast
Residents of Abu Dhabi, Osaka and Zurich can earn enough in less than five minutes to buy their first meal of the day, according to the Bloomberg Global City Breakfast Index. The situation is significantly harder in less affluent cities, where, for example, it takes Ghanaians in Accra closer to an hour, and, in Caracas, […]
Posted inTHE MARKETS YESTERDAY
BY THE NUMBERS
EGP / USD CBE market average: Buy 16.2303 | Sell 16.3359 EGP / USD at CIB: Buy 16.2 | Sell 16.3 EGP / USD at NBE: Buy 16.11 | Sell 16.21 EGX30 (Thursday): 12,310 (+2.6%) Turnover: EGP 1.1 bn (163% above the 90-day average) EGX 30 year-to-date: -0.3% THE MARKET ON THURSDAY: The EGX30 ended […]
Posted inCALENDAR
23 February - 16 March (Thursday-Thursday): Glimpses of Upper Egypt exhibition at Accademia d’Egitto in Rome. 06-08 March (Monday-Wednesday): 13th EFG Hermes One on One Conference, Dubai, United Arab Emirates. 08 March (Wednesday): Microfinance forum, Nile Ritz-Carlton, Cairo. 09-11 March (Thursday-Saturday): Egypt Projects Summit, Cairo International Convention Center, Cairo. 14-15 March (Tuesday-Wednesday): The third Builders […]
Posted inUncategorized
A QUICK NOTE TO NEW SUBSCRIBERS We publish the Enterprise Morning Edition in English and Arabic from Sunday through Thursday before 7am, with a focus on the business, economic and political news that will move markets each day. What you’re reading now is our Weekend Edition, which is light on news and heavy on stories […]