The EGX30 fell 1.1% at today’s close on turnover of EGP 4.1 bn (10.7% above the 90-day average). International investors were the sole net buyers. The index is down 0.6% YTD. In the green: Abu Kir Fertilizers (+2.5%), Telecom Egypt (+0.8%) and CIB (+0.2%). In the red: Palm Hills Development (-5.3%), Rameda Pharma (-4.6%) and […]
Author Archives: enterpriseam admin
8-11 February (Saturday-Tuesday): 6th edition of Art Cairo at the Grand Egyptian Museum. 11 February (Tuesday): The Valentine’s Podcast by Neveen Allouba Vocal Academy at Rawabet Art Space. 12 February (Wednesday): Massar Egbari’s album release party at EDNC by Sodic. 13 February (Thursday): Red Bull Dance Your Style at El Malahy. 13-14 February (Thursday-Friday) Act […]
January’s inflation figures are out today
Good morning, friends. We have another brisk issue for you this morning as we ring in another cold winter day. PSA- WEATHER- It’s another cold day in Cairo, with a high of 17°C and a low of 12°C, according to our favorite weather app. It’s just as cold in Alexandria, with a high of 17°C […]
Somabay Welcomes World Aquatics Open Water World Cup for the Third Year Somabay proudly hosts the World Aquatics Open Water World Cup for the third consecutive year, reinforcing its status as a top watersports destination. The training camp will run from 18-22 February at Somabay’s state-of-the-art OneFlow Aquatics Centre, preparing athletes from 21 countries for […]
Egypt raises the private sector minimum wage to EGP 7k starting March
PLUS- A minimum wage for part-time workers
Coffee With: Maha Abdel Razek, CEO of Misr Real Estate Assets Management
The company is gearing up to launch a real estate fund, aiming to capitalize on its extensive portfolio of assets in Downtown Cairo
Hassan Allam Holding subsidiary to develop 14.1k-feddan of the 1.5 mn feddans project
The project is part of the ECDC-run 1.5 mn-feddan reclamation and development initiative
United Energy to snap up Apex’s entire Egypt operations
The transaction aims to enhance financial health, ramp up investment, and generate long-term value for shareholders