{"id":543214,"date":"2022-01-17T14:56:15","date_gmt":"2022-01-17T14:56:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=543214"},"modified":"2025-12-15T20:11:16","modified_gmt":"2025-12-15T20:11:16","slug":"its-time-to-regulate-the-satellite-race","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-time-to-regulate-the-satellite-race\/","title":{"rendered":"It\u2019s time to regulate the satellite race"},"content":{"rendered":"<section id=\"543216\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"543216\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TONIGHT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/this-evening-egypt-could-get-its-first-spac-within-weeks-finmin-proposes-issuing-fcy-bonds-in-japan-in-debt-diversification-strategy\/\">\r\n                            THIS EVENING: Egypt could get its first SPAC within weeks + FinMin proposes issuing FCY bonds in Japan in debt diversification strategy                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/this-evening-egypt-could-get-its-first-spac-within-weeks-finmin-proposes-issuing-fcy-bonds-in-japan-in-debt-diversification-strategy\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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As we expected yesterday, the newsflow is picking up today, so let\u2019s get to it.<\/p>\n<p><strong>THE BIG STORIES TODAY<\/strong><\/p>\n<p><a id=\"tldr-story-01\" class=\"content-anchor\"><\/a> <strong>#1- <\/strong><strong>Make way for our first SPAC: <\/strong>A consortium of Egyptian and international companies is planning to file for a license from the Financial Regulatory Authority to establish a SPAC within weeks, Zulficar &amp; Partners founding partner Anwar Zeidan told Enterprise. The SPAC would be the first ever to list on the EGX, and will have an initial capital of EGP 10 mn, which is the minimum requirement <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0c47350d-f29a-48b5-8594-8c13735eac84\">set<\/a> by the FRA. This comes a couple of months after the FRA issued the rules and regulations for establishing local blank-check firms, after the regulator <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a464bafe-21f2-4b7e-a02e-63708d29114c\">greenlit<\/a> EGX boss Mohamed Farid\u2019s proposal to allow SPACs in Egypt.<\/p>\n<p><strong>#2- Are we going to see a revival of our Samurai bond plans?<\/strong> Finance Minister Mohamed Maait and Japan\u2019s ambassador in Cairo discussed potentially issuing FCY bonds in Japan as part of Egypt\u2019s debt diversification strategy, according to <a href=\"https:\/\/ent.news\/2022\/1\/Maait-Japanese-ambassador-meeting.pdf\">a ministry statement (pdf)<\/a>. The statement does not provide further details on the potential plans. Longtime Enterprise readers will remember that the government had been mulling selling JPY-denominated bonds back in <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/14\/finmin-heads-east-ahead-of-egypts-bond-issuances\/\">2019<\/a>.<\/p>\n<p><strong>HAPPENING NOW-<\/strong><\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/www.worldart-forum.com\/\">World Art Forum<\/a><\/strong><strong> is ongoing at Cairo\u2019s National Museum of Egyptian Civilization<\/strong> <strong>until<\/strong><strong> Wednesday, 19 January.<\/strong> The inaugural edition of the forum, which kicked off yesterday, will see artists from around the world participating.<\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/www.worldfutureenergysummit.com\/\">World Future Energy Summit<\/a><\/strong><strong> is also ongoing in Abu Dhabi.<\/strong> The three-day summit will bring together leaders in the renewable energy industry as part of the <a href=\"https:\/\/masdar.ae\/\">Masdar<\/a>-hosted <a href=\"https:\/\/abudhabisustainabilityweek.com\/\">Abu Dhabi Sustainability Week<\/a>.<\/p>\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>Suez Canal revenues are expected to hit USD 7 bn in 2022<\/strong>, up 11.1% from last year, Suez Canal Authority boss Osama Rabie <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4efd47f2-548c-4454-aaed-14c2016ce56e\">said yesterday<\/a>.<\/li>\n<li><strong>Lots of cooperation with South Korea:<\/strong> South Korea <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9c6904f1-6ead-4b3d-bc2d-e76f78734611\">is providing<\/a> a USD 1 bn soft loan to Egypt and is eyeing participating in the construction of the Dabaa nuclear plant, the country\u2019s ambassador said ahead of President Moon Jae-in\u2019s visit to Egypt this week.<\/li>\n<li><strong>\u2026And South Korea\u2019s Myoung Shin could soon locally produce electric microbuses with state-owned Engineering Automotive Manufacturing Company<\/strong>, with the two companies <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b719e68d-1b97-4bcb-b5d0-a4a65ea37459\">set to sign<\/a> a cooperation agreement during Moon\u2019s visit.<\/li>\n<\/ul>\n<p><strong>THE BIG STORY ABROAD- <\/strong><\/p>\n<p><strong>Credit Suisse Chairman Ant\u00f3nio Horta-Os\u00f3rio is stepping down<\/strong> following an investigation into an alleged breach of covid-19 rules and other matters relating to \u201cpersonal conduct,\u201d the <a href=\"https:\/\/www.wsj.com\/articles\/credit-suisse-chairman-to-leave-bank-amid-board-probe-11642376538?mod=hp_lead_pos1\">Wall Street Journal<\/a> and <a href=\"https:\/\/www.ft.com\/content\/48d159bd-a3c0-4025-8c5b-d7dfbf59526a\">Financial Times<\/a> report. The personal conduct issues include his alleged use of corporate aircraft for personal use.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>FOR TOMORROW-<\/strong> <strong>Consoleya will kick off its Startup Meet-up series tomorrow<\/strong> with a talk from <strong>Ayman <\/strong><strong>Ashour<\/strong>, founder and principal at Newton International Management. The talk, titled Exits and Reset Dilemmas, will see Ashour discuss how to plan for your startup\u2019s exit and the connections you\u2019ll need along the way. Our friend <strong>Hossam Allam<\/strong> from Cairo Angels will moderate the discussion. The event will take place from 6-9pm \u2014 you can register <a href=\"https:\/\/www.eventbrite.com\/e\/exits-reset-dilemmas-tickets-244467578107\">using this link<\/a>.<\/p>\n<p><strong><img decoding=\"async\" draggable=\"false\" role=\"img\" class=\"emoji\" alt=\"?\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/svg\/1f5d3.svg\"> CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>South Korean President Moon Jae-in is <\/strong><strong><a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16012022&amp;id=00ca2f19-6456-48ec-95c4-4bfdb1de34ff\">due in town<\/a><\/strong><strong> from Wednesday to Friday<\/strong>, the first visit to Egypt by a South Korean president in 16 years. Moon will meet with President Abdel Fattah El Sisi during a regional tour that will also see him swing through the UAE and Saudi Arabia.<\/p>\n<p><strong>Applications are open until 31 March to join the Femtech Accelerator Program<\/strong> run by <a href=\"https:\/\/www.flat6labs.com\/\">Flat6Labs<\/a> and women\u2019s healthcare firm <a href=\"https:\/\/www.organon.com\/\">Organon<\/a>. The four-month-long virtual accelerator will support women-led digital healthcare start-ups operating in MENA to build products, test market fit and improve business models. You can register at <a href=\"https:\/\/www.flat6labs.com\/program\/femtech-accelerator-program\/?mc_cid=c6369761b2&amp;mc_eid=2409e87563\">this link<\/a>.<\/p>\n<p><strong>National flag carrier EgyptAir will operate a flight from Casablanca to Cairo this<\/strong> <strong>Wednesday<\/strong>, 19 January, to bring home Egyptian expats stranded in Morocco following border closures.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n<p><img decoding=\"async\" draggable=\"false\" role=\"img\" class=\"emoji\" alt=\"\u2600\ufe0f\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/svg\/2600.svg\"> <strong>TOMORROW\u2019S WEATHER- Is anyone else freezing? <\/strong>The cold front is continuing, with a daytime high of 16\u00b0C tomorrow and nighttime low of 9\u00b0C, our favorite weather app tells us.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/credit-suisse\/\">Credit Suisse<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-regulatory-authority\/\">Financial Regulatory Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/spacs\/\">SPACs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                       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src=\"https:\/\/ent.news\/internal\/27484.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Where disruption meets success<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-jty9e6o\" data-v=\"4\" data-block-id=\"jty9e6o\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-jty9e6o-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-jty9e6o-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240936.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/cira.com.eg\/\" target=\"_blank\" 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class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"543218\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">FOR YOUR COMMUTE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/switzerlands-honeybees-are-suffering-from-urban-beekeeping-afcon-may-be-the-key-to-getting-africa-into-crypto\/\">\r\n                            Switzerland\u2019s honeybees are suffering from urban beekeeping + Afcon may be the key to getting Africa into crypto                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/461.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"543219\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/switzerlands-honeybees-are-suffering-from-urban-beekeeping-afcon-may-be-the-key-to-getting-africa-into-crypto\/461-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/461.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"461.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/461.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/461.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-543218\" class=\"content-area-description single-story post-543218 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-africa tag-aviation tag-climate-change tag-cryptocurrency tag-enterprisepm tag-for-your-commute tag-greenwashing tag-kuwait tag-sports tag-switzerland tag-vaccines wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>\u201cBee-washing\u201d<\/strong><strong> threatens wild bee species in Switzerland<\/strong>, reports <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-01-14\/urban-bees-lack-pollen-says-new-study-of-14-swiss-cities?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg\u2019s CityLab<\/a>. A study out of Switzerland shows that the proliferation of registered beehives across 14 Swiss cities \u2014 which have almost tripled between 2012 and 2018 \u2014 is threatening wild bee species, calling into question the sustainability of urban beekeeping. Honey bees are increasingly being installed by beekeeping firms serving clients looking to up their green credentials, a practice that researchers at York University have coined <a href=\"https:\/\/theconversation.com\/bee-washing-hurts-bees-and-misleads-consumers-131188\">bee-washing<\/a>. The research of Swiss cities, which shows how honeybees are bred by pollinators without consideration to native bees, most of which don\u2019t produce honey, indicates that honeybees often beat out wild bee species, butterflies and other local insects in foraging green spaces.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Cuba could be the key to getting the \u201cglobal south\u201d jabbed up<\/strong>, as it has developed five homegrown covid-19 vaccines and boasts one of the world\u2019s highest vaccination rates, <a href=\"https:\/\/www.cnbc.com\/2022\/01\/13\/why-cubas-extraordinary-covid-vaccine-success-could-provide-the-best-hope-for-the-global-south.html\">CNBC<\/a> reports. The Caribbean country\u2019s jabs are reportedly 90% effective in preventing symptomatic covid-19 cases after three doses, and \u2014 vitally \u2014 are cheap and easy to manufacture at scale, making them an optimal choice for low-income countries. However, the World Health Organization has yet to approve Cuba\u2019s vaccines, partially because of progress being slowed down as the international body\u2019s assessments of Cuba\u2019s production facilities is based on what some say are \u201cfirst-world standards.\u201d<\/p>\n<p><strong>How can we encourage crypto growth in Africa? The continent\u2019s most popular<\/strong><strong> sport may be a good place to start:<\/strong> As part of the growing crypto sports marketing trend, Binance, the world\u2019s largest digital currency exchange platform, inked an agreement with the African Cup of Nations to become the official crypto and blockchain sponsor for this year\u2019s championship, <a href=\"https:\/\/qz.com\/africa\/2112698\/why-is-binance-sponsoring-the-africa-cup-of-nations\/\">Quartz<\/a> reports. Setting its sights on Africa\u2019s most popular sport, this is the company's latest move in its quest to have a stronger presence in Africa\u2019s \u201chot market\u201d for crypto, blockchain, and Web3 startups. Crypto adoption grew by more than 1,200% by value from July 2020 to June 2021, making Africa the third fastest-growing crypto economy, according to data from <a href=\"https:\/\/blog.chainalysis.com\/reports\/africas-grassroots-cryptocurrency-adoption\/\">Chainalysis<\/a>, as users turn to digital coins to avoid bank and exchange restrictions. Despite its growing popularity in Africa, crypto still isn\u2019t regulated in most countries, with some financial authorities, like <a href=\"https:\/\/www.reuters.com\/business\/crypto-trading-thrives-nigeria-despite-official-disapproval-2021-10-12\/\">Nigeria<\/a>, disapproving its use.<\/p>\n<p><strong>In case you needed a reminder: Leave your machete at home before getting on a<\/strong><strong> plane: <\/strong>The US\u2019 Transportation Security Administration (TSA) has released <a href=\"https:\/\/bit.ly\/3KlYVhA\">a video on Twitter<\/a> showing the strangest items confiscated at airports in 2021. While the TSA has given the #1 spot to a chainsaw, we think the weirdest thing has to be #8: A breakfast burrito filled with meth. Other contenders on the list include a machete, fireworks, a cleaver, a can of bear spray, various firearms, and a wine bottle holder that looks like a gun. The last spot on the list went to bullets hidden in a deodorant stick, which the TSA suggests was due to the passenger \u201csweating bullets.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cryptocurrency\/\">cryptocurrency<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/greenwashing\/\">greenwashing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/switzerland\/\">Switzerland<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vaccines\/\">vaccines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"543220\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"543220\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ENTERPRISE RECOMMENDS<\/p>\r\n                   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             <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/462.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"543221\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/watch-the-behind-the-scenes-of-the-saqqara-discovery-with-tombs-of-egypt-how-to-spot-a-potential-civil-war-in-the-modern-age\/462-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/462.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"462.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/462.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/462.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-543220\" class=\"content-area-description single-story post-543220 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-recommends-2 tag-ancient-egypt tag-enterprise-recommends tag-enterprisepm tag-zahi-hawass wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><\/p>\n<p>(all times CLT)<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong><a href=\"https:\/\/shahid.mbc.net\/en\/shows\/Tombs-Of-Egypt%3A-The-Ultimate-Mission\/show-929391\">Tombs of Egypt: The Ultimate Mission<\/a><\/strong><strong> is now on Shahid: <\/strong>The docuseries follows archaeologist Zahi Hawass during the 2020 excavation of the Saqqara Necropolis, where <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/001dd297-ff3d-4d7f-b044-4f68f6e8be50\">59 sarcophagi were found<\/a> in a three-month mission that made headlines worldwide. The series provides exclusive insight into this mission, using live footage as well as CGI, 2D computer graphics, 2D and 3D maps, and x-ray analyses. You get to know the team, how they do their work, and what they aim to uncover going forward. Tombs of Egypt also goes in depth about how the team opens each sarcophagus and the tools they use to determine who it is they found and the story behind each mummy.<\/p>\n<p>\u26bd <strong>What\u2019s happening in Afcon today?<\/strong> Burkina Faso will play against Ethiopia while Cape Verde will play against Cameroon in two Group A matches today at 6pm.<\/p>\n<p><strong>Al Ahly makes another appearance in the Egyptian League Cup: <\/strong>Al Ahly is currently playing against Al Ismaily after starting the match at 2:30pm. Later at 5pm, El Gouna will face El Mokawloon and The National Bank will face Smouha.<\/p>\n<p><strong>Serie A:<\/strong> Milan will compete against Spezia and Bologna will face Napoli, both at 7:30pm, while Fiorentina and Genoa will hit the field at 9:45pm.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>IN OTHER SPORTS NEWS- Novak Djokovic won\u2019t be playing in the French Open while<\/strong><strong> unvaccinated either: <\/strong>The tennis player made headlines this past week after Australia <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8224c5bc-ab63-4428-bcf1-575e343eb26b\">barred him<\/a> from playing in the first Grand Slam tournament of the year, cancelling his visa due to his being unvaccinated. However, his lack of a covid-19 vaccine may hinder his ability to compete elsewhere as well after the French Sports Ministry said there would be no exemption from France's new vaccine pass law when it came to the French Open which will take place in May, reports <a href=\"https:\/\/www.reuters.com\/lifestyle\/sports\/no-vaccine-no-french-open-djokovic-says-french-sports-ministry-2022-01-17\/\">Reuters<\/a>. The new law forbids people from entering public spaces if they have not been inoculated against the virus. Djokovic\u2019s continued resistance to being vaccinated could threaten his title as world tennis #1 male player as other competitions, such as ATP tournaments in Indian Wells and Miami in March, are unlikely to allow him to compete as well, <a href=\"https:\/\/www.tennis365.com\/french-open\/novak-djokovic-news-french-open\/\">Tennis365<\/a> writes.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><\/p>\n<p>(all times CLT)<\/p>\n<p><strong>The Cairo Contemporary Dance Center is kicking off a course on <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/rhythm-musicality-contemporary\/396024022270198\/\">Rhythm &<\/a><\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/rhythm-musicality-contemporary\/396024022270198\/\">Musicality<\/a><\/strong><strong> starting today<\/strong> to teach participants how to translate music into movement through their dancing. The classes will be on Monday and Thursday from 7:30pm to 9pm and will run until 10 February.<\/p>\n<p><strong>Shahira Kamal <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/shahira-kamal-at-room-new-cair\/352417369577971\/\">will perform<\/a><\/strong><strong> her latest EP Dokki ya Mazzika at The Room New Cairo<\/strong> tomorrow at 9pm.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Why do civil wars continue to break out \u2014 and how are some countries managing<\/strong><strong> to nip them in the bud? <\/strong>Over the last two decades, the number of active civil wars around the world has almost doubled. In <a href=\"https:\/\/www.goodreads.com\/en\/book\/show\/58369678-how-civil-wars-start\">How Civil Wars Start<\/a>, political scientist Barbara F. Walter details the warning signs of civil wars, who starts them, and what the main triggers are. Walter spent her career studying civil conflict in places like Iraq and Sri Lanka, and she uses that knowledge alongside international research and case studies as the foundation for her hypotheses. Walter outlines how social media now plays a role in their spark and has redefined the dynamics of civil war in the modern world, where many countries face a threat of internal violence. After knowing how they start, Walter delves into how to end them, drawing on the experiences of countries that remained stable in the face of growing unrest.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ancient-egypt\/\">Ancient Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/zahi-hawass\/\">Zahi Hawass<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"543222\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"543222\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">GO WITH THE FLOW<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/market-roundup-on-17-january\/\">\r\n                            Market roundup on 17 January                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/market-roundup-on-17-january\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/market-roundup-on-17-january\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/market-roundup-on-17-january\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Market roundup on 17 January&url=https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/market-roundup-on-17-january\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/market-roundup-on-17-january\/&title=Market roundup on 17 January\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Market+roundup+on+17+January+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F01%2F17%2Fmarket-roundup-on-17-january%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/market-roundup-on-17-january\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-543222\" class=\"content-area-description single-story post-543222 post type-post status-publish format-standard hentry category-go-with-the-flow tag-egx tag-enterprisepm tag-go-with-the-flow wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The EGX30 rose 0.2% at today\u2019s close<\/strong> on turnover of EGP 701 mn (40.6% below the 90-day average). Regional investors were net sellers. The index is down 0.8% YTD.<\/p>\n<p><strong>In the green: <\/strong>Rameda (+5.5%), Raya Holding (+4.3%) and Speed Medical (+3.3%).<\/p>\n<p><strong>In the red: <\/strong>MM Group (-3.2%), Cleopatra Hospital (-2.0%) and EFG Hermes (-1.8%).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/go-with-the-flow\/\">Go with the Flow<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"543223\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"543223\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT\u2019S NEXT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/we-need-to-regulate-the-satellite-race-and-quick\/\">\r\n                            We need to regulate the satellite race \u2014 and quick                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/we-need-to-regulate-the-satellite-race-and-quick\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/we-need-to-regulate-the-satellite-race-and-quick\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/we-need-to-regulate-the-satellite-race-and-quick\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=We need to regulate the satellite race \u2014 and quick&url=https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/we-need-to-regulate-the-satellite-race-and-quick\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/we-need-to-regulate-the-satellite-race-and-quick\/&title=We need to regulate the satellite race \u2014 and quick\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=We+need+to+regulate+the+satellite+race+%E2%80%94+and+quick+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F01%2F17%2Fwe-need-to-regulate-the-satellite-race-and-quick%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/we-need-to-regulate-the-satellite-race-and-quick\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/463.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"543224\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/we-need-to-regulate-the-satellite-race-and-quick\/463-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/463.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"463.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/463.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/463.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-543223\" class=\"content-area-description single-story post-543223 post type-post status-publish format-standard has-post-thumbnail hentry category-whats-next-2 tag-china tag-elon-musk tag-enterprisepm tag-spacex tag-starlink tag-whats-next wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Competition and crowding in space is becoming a growing concern as one of the<\/strong><strong> biggest threats to humanity\u2019s future: <\/strong>The World Economic Forum (WEF) dedicated a chapter to outer space in its <a href=\"https:\/\/www3.weforum.org\/docs\/WEF_The_Global_Risks_Report_2022.pdf\">Global Risks Report 2022 (pdf)<\/a> as more governments and private sector companies rush to take advantage of new technologies in the orbit. The result could be everything from space collisions and geopolitical tensions to a geomagnetic storm disrupting satellite-based services and causing massive, cascading economic and societal consequences on Earth.<\/p>\n<p><strong>Elon Musk\u2019s SpaceX is already monopolizing space: <\/strong>In less than three years, SpaceX has launched around 1.8k satellites to create a satellite internet web called <a href=\"https:\/\/www.starlink.com\/\">Starlink<\/a> that aims to bring high-speed broadband service to the world, reports a Wall Street Journal video (<a href=\"https:\/\/www.wsj.com\/video\/series\/news-explainers\/are-musks-starlink-satellites-overcrowding-space-why-china-rivals-say-so\/BB524542-5141-41E6-A3D2-0DDD72594E90?mod=hp_lead_pos5\">watch, runtime: 06:14<\/a>). Starlink\u2019s growing dominance in space means that there might not be enough room for rivals including Britain-based <a href=\"https:\/\/oneweb.net\/\">OneWeb<\/a>, Amazon\u2019s <a href=\"https:\/\/www.aboutamazon.com\/news\/innovation-at-amazon\/project-kuiper-announces-plans-and-launch-provider-for-prototype-satellites\">Project Kuiper<\/a>, and China\u2019s domestic satellite industry. These new satellites operate in what is called low-Earth orbit, which is already crowded with satellites for weather forecasting or taking pictures as well as the International Space Station and the Chinese space station.<\/p>\n<p><strong>Besides the monopoly and (literal) crowding, Musk\u2019s satellites are raising the risk of collisions: <\/strong>That was China\u2019s <a href=\"https:\/\/www.unoosa.org\/oosa\/en\/oosadoc\/data\/documents\/2021\/aac.105\/aac.1051262_0.html\">complaint<\/a> to the United Nations late last year, detailing two instances when the nation had to maneuver its space station out of the way of two separate Starlink satellites. Musk was less than apologetic over the complaint, saying there is <a href=\"https:\/\/arstechnica.com\/science\/2021\/12\/elon-musk-rejects-claims-his-satellites-are-squeezing-out-rivals-in-space\/\">plenty of room in space<\/a>. Maybe he should have been more contrite, however, as <a href=\"https:\/\/www.space.com\/spacex-starlink-satellite-collision-alerts-on-the-rise\">researchers found<\/a> that 58% of all known close-crash encounters in space are due to Starlink satellites \u2014 or 2.5k incidents every week.<\/p>\n<p><strong>And a collision would not be pretty\u2026 <\/strong>Satellites move at 17k miles per hour \u2014 250 times faster than a car on a highway. If one of Starlink\u2019s satellites were to hit the Chinese space station it would destroy it and kill all the people within, explains Jonathan McDowell, a scientist at the Harvard-Smithsonian Center for Astrophysics, to the WSJ video.<\/p>\n<p><strong>Neither is all the junk we\u2019re putting into orbit: <\/strong>Humanity is edging towards doing to space what we did to the oceans through pollution, OneWeb founder and chairman Greg Wyler writes in an op-ed for <a href=\"https:\/\/edition.cnn.com\/2019\/07\/22\/perspectives\/space-low-earth-orbit-satellites\/index.html\">CNN<\/a>. With companies promoting the quantities of satellites they send into space, not quality, there\u2019s a greater risk of collisions that end up with a build-up of debris that can destroy whatever comes into its path, he explains. Space companies can remove failed satellites, but there is still no space vacuum that can remove the mns of pieces of shrapnel that could be created. If we\u2019re not careful, the commercialization of satellites could ruin low-earth orbit for hundreds of years \u2014 or even permanently.<\/p>\n<p><strong>Nonetheless, space is going to get even more crowded \u2014 and soon: <\/strong>Satellite players are moving along with plans to launch thousands of satellites into space over the coming years. China is planning on launching as many as 10k satellites to create a new StarNet network (and compete with SpaceX, of course), according to <a href=\"https:\/\/asiatimes.com\/2020\/11\/china-launching-state-rival-to-elon-musks-spacex\/\">Asia Times<\/a>. Meanwhile, Project Kuiper aims to launch more than <a href=\"https:\/\/www.pocket-lint.com\/gadgets\/news\/amazon\/158942-amazon-s-project-kuiper-will-finally-launch-its-internet-satellites-in-2022\">3k satellites into orbit<\/a> and OneWeb has its eye on a web of <a href=\"https:\/\/www.dw.com\/en\/oneweb-of-600-internet-satellites-in-space\/a-47690785\">600 satellites<\/a>. Overall, around 70k satellites are expected to be launched in the coming decades, the WEF report estimates. That\u2019s not all, with at least five new government-developed space stations planned to be developed by 2030 with powers such as China, Europe, France, Germany, India, Japan, NATO, Russia, the UK and the US currently building space infrastructure.<\/p>\n<p><strong>The solution: Space needs to be regulated \u2014 or re-regulated, let\u2019s say: <\/strong>There\u2019s already a space law in place from 1967 called The Outer Space Treaty. The treaty defines space as the \u201ccommon heritage of mankind\u201d to be explored and used \u201cfor the benefit and in the interests of all countries,\u201d according to <a href=\"https:\/\/science.howstuffworks.com\/space-regulation.htm\">How Stuff Works<\/a>. In the pre-Musk era of the 1960s, the creators of the treaty had not put into consideration that a company or country could monopolize space and there have been calls to amend the now outdated agreement. What could ensue is a repeat of the dynamics during the European age of global exploration, where countries with a lot of territory became substantial players in global affairs over the next centuries, argued <a href=\"https:\/\/today.duke.edu\/2021\/07\/why-we-need-international-norms-regulate-space-race\">a panel of Duke University professors<\/a>.<\/p>\n<p><strong>So how would one go about regulating space in the modern day? <\/strong>So far, there isn\u2019t a solid answer. A major treaty like this one could take a decade to write and there is now a global debate on how to regulate space in a uniform way that all countries can abide by. Needless to say, it\u2019s a slow process with so many parties involved and so much to consider, McDowell adds. \u201cFew effective governance tools have emerged in recent years to reflect new realities, such as the pressing need for an authority to govern satellite launches and servicing, space traffic control and common enforcement principles,\u201d the WEF report writes. The new regulations need to set norms on how much can one country or company access space, controlling the trajectories of spacecraft and their subsystems, the deployment of non-nuclear weapons into space, as well as who can conduct operations on the moon \u2014 such as China wanting to mine into the lunar surface to extract Helium 3, reports <a href=\"https:\/\/foreignpolicy.com\/2021\/05\/15\/space-junk-rocket-debris-long-march-starlink-elon-musk-moon-asteroids-travel-militarization-resource-competition\/\">Foreign Policy<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/elon-musk\/\">Elon Musk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/spacex\/\">SpaceX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/starlink\/\">Starlink<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/whats-next\/\">WHAT\u2019S NEXT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"543225\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/543225\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-543225\" class=\"content-area-description single-story post-543225 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>1Q2022: <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9cd1fc44-1593-4317-8658-0aa792215521\">Launch of the Egyptian Commodities Exchange<\/a>.<\/p>\n<p>1Q2022: Swvl acquisition of Viapool expected to close.<\/p>\n<p>1Q2022: Waste collection startup Bekia plans to expand to the UAE and Saudi Arabia.<\/p>\n<p>Early 2022: Results <a href=\"https:\/\/www.elwatannews.com\/news\/details\/5876314\">to be announced<\/a> for the second round of the state\u2019s gold and precious metals auction.<\/p>\n<p>1H2022: Target date for IDH to close its acquisition of 50% of Islamabad Diagnostic Center.<\/p>\n<p>1H2022: The World Economic Forum annual meeting, location TBD.<\/p>\n<p>1H2022: e-Finance\u2019s digital healthcare service platform, eHealth, will launch its services.<\/p>\n<p>1H2022: The government will respond to private companies\u2019 bids to build desalination plants.<\/p>\n<p>January: Sovereign Sukuk Act executive regulations expected to be finalized.<\/p>\n<p>January: Tenth of Ramadan dry port tender to be launched.<\/p>\n<p>January: Three-month trial period of ACI for air freight to begin.<\/p>\n<p>9 January \u2013 6 February (Sunday-Sunday): 2021 Africa Cup of Nations, Cameroon.<\/p>\n<p>Second half of January: Egypt <a href=\"https:\/\/alborsaanews.com\/2021\/11\/23\/1483989\">will host<\/a> the Egyptian-Bahraini Joint Committee.<\/p>\n<p>Second half of January: <a href=\"https:\/\/alborsaanews.com\/2021\/12\/20\/1492507\">Regulations<\/a> for installing EV charging stations will be published.<\/p>\n<p>15-19 January (Saturday-Wednesday): <a href=\"https:\/\/www.worldart-forum.com\/\">World Art Forum<\/a>, National Museum of Egyptian Civilization, Cairo.<\/p>\n<p>17-19 January (Monday-Wednesday): <a href=\"https:\/\/www.worldfutureenergysummit.com\/en-gb.html\">World Future Energy Summit<\/a>, Abu Dhabi.<\/p>\n<p>18 January (Tuesday): Founder and Principal of Newton International Management Ayman S. Ashour will give a talk titled <a href=\"https:\/\/www.eventbrite.com\/e\/exits-reset-dilemmas-tickets-244467578107\">Exits and Reset Dilemmas<\/a> at Consoleya.<\/p>\n<p>19 January (Wednesday): EgyptAir will operate an <a href=\"https:\/\/www.facebook.com\/559252464269841\/photos\/a.672120829649670\/1787559448105797\/?type=3&amp;theater\">exceptional Casablanca-Cairo flight<\/a> to bring home Egyptians expats stranded in Morocco following border closures.<\/p>\n<p>20 January (Thursday): Kadmar Shipping\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/01ff5c98-c2b7-42a3-9c0f-7e33f4c9e638\">new line<\/a> transporting agricultural crops between Alexandria and Russia begins its operations.<\/p>\n<p>20-21 January (Thursday-Friday): South Korean President Moon Jae-in <a href=\"https:\/\/bit.ly\/3f4YtFS\">will visit Egypt<\/a> as part of his diplomatic tour of the region.<\/p>\n<p>23 January (Sunday): Deadline for Macro Pharma to IPO on the EGX.<\/p>\n<p>25 January (Tuesday): The IMF will release its World Economic Outlook.<\/p>\n<p>25 January (Tuesday): 25 January revolution anniversary \/ Police Day.<\/p>\n<p>25 January (Tuesday): <a href=\"https:\/\/alex.technesummit.com\/2022\">Techne Summit<\/a> announces awardees of Corporate Innovation Program.<\/p>\n<p>25-26 January (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>27 January (Thursday): National holiday in observance of 25 January revolution anniversary \/ Police Day.<\/p>\n<p>30-31 January (Sunday-Monday): <a href=\"https:\/\/alborsaanews.com\/2022\/01\/12\/1498617\">Ins. Federation of Egypt medical ins. forum<\/a>.<\/p>\n<p>End of January: The Egyptian-Romanian business forum will take place with the aim of strengthening joint investment relations.<\/p>\n<p>January-February 2022: Construction work on the Abu Qir metro upgrade <a href=\"https:\/\/www.youtube.com\/watch?v=vXBilirlgw0\">will begin<\/a>.<\/p>\n<p>February: Hassan Allam Construction\u2019s <a href=\"https:\/\/alborsaanews.com\/2021\/12\/07\/1488592\">new construction firm<\/a> established with Russia\u2019s Titan-2 to handle construction work on the Dabaa nuclear power plant begins its operations.<\/p>\n<p>February: Ghazl El Mahalla shares will begin trading on the EGX this month.<\/p>\n<p>February: Suez canal transit fees <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/36bf88d1-efc3-4194-aa9a-23a4defc0035\">set to increase 6%<\/a>, exempting cruise ships and LNG carriers.<\/p>\n<p>Mid-February: End of grace period to comply with new minimum wage for firms who sent in exemption requests.<\/p>\n<p>Mid-February: A Hungarian delegation will arrive in Egypt for talks over a potential investment in an industrial area in the SCZone.<\/p>\n<p>3 February (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>3 February (Thursday): January PMI figures for Egypt, Saudi Arabia, and the UAE will be released.<\/p>\n<p>4-20 February (Friday-Sunday): 2022 Winter Olympics, Beijing.<\/p>\n<p>11 February (Friday): <a href=\"https:\/\/finance.yahoo.com\/news\/vistas-media-acquisition-company-inc-203000610.html\">Deadline for Anghami SPAC merger<\/a>.<\/p>\n<p>11-13 February (Friday-Sunday) FIBA Intercontinental Cup, Cairo.<\/p>\n<p>14-16 February (Monday-Wednesday): Egypt Petroleum Show, Egypt International Exhibition Center, New Cairo, Egypt.<\/p>\n<p>15 February (Tuesday): The Industrial Development Authority\u2019s deadline for <a href=\"https:\/\/alborsaanews.com\/2021\/11\/21\/1483299\">receiving offers<\/a> from companies for licenses to manufacture steel products.<\/p>\n<p>15 February (Tuesday): Orange Ventures\u2019 <a href=\"https:\/\/vc4a.com\/orange-ventures\/egypt-seed-fintech-challenge\/\">deadline<\/a> to receive applications from seed-stage fintech startups.<\/p>\n<p>19 February (Saturday): Public universities begin the second term of the 2021-2022 academic year.<\/p>\n<p>19-21 February (Saturday-Monday): <a href=\"https:\/\/www.facebook.com\/NebuGoldExpo\">Nebu Expo for Gold and Jewelry 2022<\/a>.<\/p>\n<p>End of February: Lebanon to receive gas from Egypt via a pipeline crossing Jordan and Syria.<\/p>\n<p>March: <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/304519788385115\">Rollout<\/a> of the government financial management information system (GFMIS), a suite of electronic tools to automate the government\u2019s financial management processes (<a href=\"https:\/\/ent.news\/2021\/7\/tnm1007.pdf\">pdf<\/a>) that will replace the existing \u201cclosed\u201d financial management system.<\/p>\n<p>March: 4Q2021 earnings season.<\/p>\n<p>March: Deadline for the World Health Organization\u2019s <a href=\"https:\/\/www.who.int\/news\/item\/01-12-2021-world-health-assembly-agrees-to-launch-process-to-develop-historic-global-accord-on-pandemic-prevention-preparedness-and-response\">intergovernmental negotiating body<\/a> to meet to discuss binding treaty on future pandemic cooperation.<\/p>\n<p>March: World Cup playoffs.<\/p>\n<p>March: The government hopes to sign a final contract between El Nasr Automotive and a new partner for the local production of electric cars.<\/p>\n<p>March: Target date for Saudi tech firm Brmaja to IPO on the EGX.<\/p>\n<p>9-18 March (Wednesday-Friday): The 55th edition of the <a href=\"https:\/\/www.facebook.com\/mift.media\/posts\/291436426360972\">Cairo International Fair<\/a>.<\/p>\n<p>15-16 March (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>24 March (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>28-29 March (Monday-Tuesday): The Egypt International Mining Show (<a href=\"https:\/\/egypt-mining.com\/\">EIMS 2022<\/a>) will take place virtually.<\/p>\n<p>31 March (Thursday): Deadline for submitting tax returns for individual taxpayers.<\/p>\n<p>31 March (Thursday): Supply Ministry expected to take final decision on bread subsidies by this date.<\/p>\n<p>2 April (Saturday): First day of Ramadan (TBC).<\/p>\n<p>3 April (Sunday): Bidding begins on the Industrial Development Authority\u2019s license to manufacture tobacco products.<\/p>\n<p>4 April (Monday): CDC Group will formally change its name to British International Investment.<\/p>\n<p>22-24 April (Friday-Sunday): <a href=\"http:\/\/sdg.iisd.org\/events\/2022-spring-meetings-of-the-world-bank-group-and-the-international-monetary-fund\/\">World Bank-IMF spring meeting<\/a>, Washington D.C.<\/p>\n<p>24 April (Sunday): Coptic Easter Sunday (holiday for Coptic Christians).<\/p>\n<p>25 April (Monday): Sham El Nessim.<\/p>\n<p>25 April (Monday): Sinai Liberation Day.<\/p>\n<p>28 April (Thursday): National Holiday in observance of Sham El Nessim.<\/p>\n<p>30 April (Saturday): Deadline for submitting corporate tax returns for companies whose financial year ends 31 December.<\/p>\n<p>Late April \u2013 15 May: 1Q2022 earnings season<\/p>\n<p>May: Investment in Logistics Conference, Cairo, Egypt.<\/p>\n<p>1 May (Sunday): Labor Day.<\/p>\n<p>3-4 May (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>5 May (Thursday): National Holiday in observance of Labor Day.<\/p>\n<p>2 May (Monday): Eid El Fitr (TBC).<\/p>\n<p>19 May (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>14-15 June (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>15-18 June (Wednesday-Saturday): <a href=\"https:\/\/forumspb.com\/en\/\">St. Petersburg International Economic Forum<\/a> (SPIEF), St. Petersburg.<\/p>\n<p>16 June (Thursday): End of 2021-2022 academic year for public schools.<\/p>\n<p>23 June (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>27 June-3 July (Monday-Sunday): World University Squash Championships, New Giza.<\/p>\n<p>30 June (Thursday): June 30 Revolution Day, national holiday.<\/p>\n<p>End of 2Q2022: The Financial Regulatory Authority\u2019s new Ins. Act should be approved.<\/p>\n<p>End of 1H2022: Emirati industrial company M Glory Holding and the Military Production Ministry will begin the mass production of dual fuel pickup trucks that can run on natural gas.<\/p>\n<p>2H2022: The inauguration of the Grand Egyptian Museum.<\/p>\n<p>2H2022: <a href=\"https:\/\/www.ief.org\/news\/egypt-to-host-8th-ief-igu-ministerial-gas-forum-in-2022\">IEF-IGU Ministerial Gas Forum<\/a>, Egypt. Date + location TBA.<\/p>\n<p>July: A law governing ins. for seasonal contractors will come into effect.<\/p>\n<p>1 July (Friday): FY 2022-2023 begins.<\/p>\n<p>8 July (Friday): Arafat Day.<\/p>\n<p>9-13 July (Saturday-Wednesday): Eid Al Adha, national holiday.<\/p>\n<p>26-27 July (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>30 July (Saturday): Islamic New Year.<\/p>\n<p>Late July \u2013 14 August: 2Q2022 earnings season.<\/p>\n<p>18 August (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>September: Egypt will display its first naval exhibition with the title <a href=\"https:\/\/bit.ly\/3lshDZX\">Naval Power<\/a>.<\/p>\n<p>20-21 September (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>22 September (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>6 October (Thursday): Armed Forces Day, national holiday.<\/p>\n<p>8 October (Saturday): Prophet Muhammad\u2019s birthday, national holiday.<\/p>\n<p>18-20 October(Tuesday-Thursday): Mediterranean Offshore Conference, Alexandria, Egypt.<\/p>\n<p>Late October \u2013 14 November: 3Q2022 earnings season.<\/p>\n<p>1-2 November (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>3 November (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>13-14 December (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>22 December (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>End of 2022: e-Aswaaq\u2019s tourism platform will complete the roll out of its ticketing and online booking portal across Egypt.<\/p>\n<p><strong>**Note to readers:<\/strong> Some national holidays may appear twice above. Since 2020, Egypt has observed most mid-week holidays on Thursdays regardless of the day on which they fall and may also move those days to Sundays. We distinguish above between the actual holiday and its observance.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":543215,"template":"","categories":[],"tags":[],"class_list":["post-543214","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"65767330-5387-48d7-913a-ee0f6c17b1b2","teaser":"","photo_url":"https:\/\/ent.news\/2022\/1\/460.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>It\u2019s time to regulate the satellite race - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-time-to-regulate-the-satellite-race\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It\u2019s time to regulate the satellite race\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-time-to-regulate-the-satellite-race\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T20:11:16+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/460.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-time-to-regulate-the-satellite-race\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-time-to-regulate-the-satellite-race\/\",\"name\":\"It\u2019s time to regulate the satellite race - 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