{"id":543362,"date":"2022-01-30T13:44:15","date_gmt":"2022-01-30T13:44:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=543362"},"modified":"2025-12-15T20:14:46","modified_gmt":"2025-12-15T20:14:46","slug":"were-up-in-the-afcon-quarter-final-today","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/were-up-in-the-afcon-quarter-final-today\/","title":{"rendered":"We\u2019re up in the Afcon quarter final today"},"content":{"rendered":"<section id=\"543364\" 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=\"543364\">\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\/30\/this-evening-our-debt-wont-become-euroclearable-before-2h2022-eu-files-challenge-against-egypt-at-wto-over-compulsory-import-registration-requirements\/\">\r\n                            THIS EVENING: Our debt won\u2019t become Euroclearable before 2H2022 + EU files challenge against Egypt at WTO over compulsory import registration requirements                        <\/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\/30\/this-evening-our-debt-wont-become-euroclearable-before-2h2022-eu-files-challenge-against-egypt-at-wto-over-compulsory-import-registration-requirements\/\" 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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We hope you made this most recent long weekend really count.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>THE BIG STORIES TODAY<\/strong><\/p>\n<p><strong>#1- Our debt won\u2019t become Euroclearable before 2H2022<\/strong>, <a href=\"https:\/\/bit.ly\/3ubEm1n\">CNBC<\/a> quotes Finance Minister Mohamed Maait as saying, signaling that the process of meeting the European clearinghouse\u2019s requirements is taking longer than anticipated. Maait had said <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/77f1fef1-7022-4da7-a44e-d3ae01256eac\">in September<\/a> that Egypt had already satisfied 95% of the requirements, signaling we could reach a final agreement that would allow our local debt to be cleared in Europe by March of this year. Enterprise is reaching out to the Finance Ministry for more details.<\/p>\n<p><strong>#2- The EU has filed a challenge against Egypt at the World Trade Organization (WTO)<\/strong><strong> over our <\/strong><strong>compulsory import registration requirements<\/strong>, saying these requirements are \u201carbitrary,\u201d the bloc said in <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_22_578\">a statement<\/a> on Wednesday. Egypt and the EU have 60 days to try to reach a resolution for the matter through the dispute settlement consultations the EU has requested. If these consultations fail, the EU can request that the WTO set up a panel to rule on the matter. Enterprise is reaching out to the Trade Ministry for further information.<\/p>\n<p><strong>^^ We\u2019ll have more on these stories in tomorrow\u2019s edition of EnterpriseAM.<\/strong><\/p>\n<p><strong>Also, today: FRA donates EGP 500 mn to Decent Life, \u201cDifferently Abled\u201d<\/strong><strong> initiatives:<\/strong> The Financial Regulatory Authority is donating EGP 500 mn from its budget surplus to the Sisi administration\u2019s Decent Life initiative and the program to support individuals with disabilities, in a bid to support the government\u2019s social intervention programs, according to <a href=\"https:\/\/ent.news\/2022\/1\/FRA-EGP-500-mn-donation.docx.pdf\">a statement (pdf)<\/a>.<\/p>\n<p><strong>HAPPENING NOW-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Amendments to the Real Estate Registry Act are currently being discussed at the House<\/strong><strong> of Representatives<\/strong>, where a joint committee of the House Constitutional and Legislative Committee and the House Planning and Budgeting Committee are looking at the bill. The proposed changes, which the Madbouly Cabinet <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2d716978-cdd4-46cf-8825-cd46e70c6359\">approved in November<\/a>, are expected to significantly trim the painstaking registration process by waiving the need to obtain pre-approval at the real estate registry office prior to obtaining the final seal and putting a time ceiling on the entire process.<\/p>\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>CBE to shake off Fed tightening, keep rates on hold:<\/strong> The Central Bank of Egypt <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a4f0876c-b382-42d3-897f-9972a2721bed\">will likely leave<\/a> interest rates on hold when it meets this Thursday despite forecasts for rising inflation at home and higher interest rates abroad, our regular poll of analysts shows.<\/li>\n<li><strong>Africa-focused VC firm TLcom Capital <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c5bc25f9-0336-4fb3-9d66-e840ce4ea11c\">plans to enter Egypt<\/a><\/strong><strong> with its new fund<\/strong>, which hit a first close of USD 70 mn.<\/li>\n<li><strong>We\u2019re getting a fresh USD 368 mn loan from the AMF:<\/strong> Egypt <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0a8df856-aabd-4831-bdf6-69b781d49182\">will receive<\/a> a USD 368 mn loan from the Arab Monetary Fund (AMF) to help strengthen its financial position and meet \u201cemergency needs\u201d amid challenges caused by the ongoing pandemic.<\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p><strong>THE BIG STORY ABROAD- <\/strong><\/p>\n<p><strong>The world is still on Ukraine Watch this afternoon, albeit with few developments<\/strong> since we last wrote to you this morning. The <a href=\"https:\/\/www.wsj.com\/articles\/in-eastern-ukraines-largest-city-pro-russia-sympathies-wither-as-war-looms-11643539633?mod=hp_lead_pos7\">Wall Street Journal<\/a> and <a href=\"https:\/\/www.washingtonpost.com\/world\/interactive\/2022\/ukraine-russia-east-kharkiv\/\">Washington Post<\/a> are each running a feature story on Kharkiv, Ukraine\u2019s second-largest city and a \u201clikely target\u201d for Russian invasion, where it says anti-Russian sentiment is growing.<\/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>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>PSA FOR (EARLY STAGE) FOUNDERS- Today is your last chance to apply for the spring <\/strong><strong>2022 cycle of EGBank\u2019s Mint Incubator.<\/strong> The incubator offers two tracks: A sector-agnostic track for startups at the MVP stage and a fintech track that accepts early-stage startups both at the ideation and MVP stages. Main founders must be between 16-35 years old. You can apply <a href=\"https:\/\/mint.eg-bank.com\/Home\/Incubator\/Applynow\">here<\/a>.<\/p>\n<p><strong>The US Embassy in Cairo is now <\/strong><strong><a href=\"https:\/\/eg.usembassy.gov\/cultural-property-agreement-implementation-grant\/\">accepting applications<\/a><\/strong><strong> for Cultural Property Agreement<\/strong><strong> Implementation projects <\/strong>that would help Egypt protect its cultural property from looting, theft, and illicit trafficking. The <a href=\"https:\/\/eg.usembassy.gov\/wp-content\/uploads\/sites\/156\/CPAIG-2022-Announcment-RDL-edits.pdf\">guidelines<\/a> state that concept notes should be sent in by this Thursday, 3 February, while shortlisted applicants will need to submit full applications by 4 May. Each project will receive USD 50-100k per project, with around USD 500k earmarked for the entire program.<\/p>\n<p><strong>OPEC+ <\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-01-26\/opec-delegates-expect-to-stick-to-plan-for-modest-output-hike?srnd=premium-middle-east&sref=mmeFTDW1\">will meet<\/a><\/strong><strong> this Wednesday, 2 February: The cartel is expected to agree to another <\/strong><strong>gradual oil production increase, hiking supply by 400k bbl \/ day in March.<\/strong> Planned production increases by the cartel <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0c85b753-c915-4809-a035-491b881b9076\">have so far failed<\/a> to meet the recovery in demand as several member countries struggle to up their output. The tightening of the oil market has pushed prices to a seven-year high this month. <strong>Some analysts say Brent could breach the USD 100 \/ bbl mark this year<\/strong> unless supply is increased.<\/p>\n<p><strong>The Cairo International Book Fair<\/strong> continues today at the <strong>Egypt International Exhibition <\/strong><strong>Center<\/strong>. The event runs through to <strong>7 February<\/strong>.<\/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>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>Expect the mercury to rise to 15\u00b0C during the day tomorrow before falling to 9\u00b0C at night, according to our favorite weather app.<\/p>\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\/euroclear\/\">Euroclear<\/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\/hayah-karima\/\">Hayah Karima<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-watch\/\">Legislation Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-maait\/\">Mohamed Maait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-registry-act\/\">Real Estate Registry Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-trade-organization\/\">World Trade Organization<\/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=\"543365\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel 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data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-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\/240927.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/mashreq.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27486.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/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-dj2r4la\" data-v=\"4\" data-block-id=\"dj2r4la\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-dj2r4la-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-dj2r4la-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\/240928.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.beltoneholding.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" 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-3slp85m\" data-v=\"4\" data-block-id=\"3slp85m\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-3slp85m-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-3slp85m-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\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/527.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"527.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/527.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/527.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-543366\" class=\"content-area-description single-story post-543366 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-covid-19 tag-cryptocurrency tag-diem-association tag-enterprisepm tag-facebook tag-for-your-commute tag-joe-rogan tag-meta tag-silvergate-capital tag-spotify 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-05\"><\/a> <strong>It\u2019s already been a rough start to 2022 for the world\u2019s wealthiest \u2014 except the Oracle of Omaha<\/strong><strong>:<\/strong> The <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/aa8eed1c-45e7-4a5b-8706-2a00c1bbe5a1\">sell-off in tech stocks<\/a> this month is biting into the net worths of the world\u2019s richest people, with Tesla\u2019s Elon Musk shedding USD 54 bn so far and Amazon\u2019s Jeff Bezos\u2019 net worth tumbling USD 27.8 bn, <a href=\"https:\/\/www.cnbc.com\/2022\/01\/28\/worlds-richest-people-have-lost-money-in-2022-except-warren-buffett.html\">CNBC<\/a> reports. Google\u2019s founders and Facebook chief Mark Zuckerberg lost a combined total of more than USD 39.2 bn. Berkshire Hathaway Chairman Warren Buffett, however, bucked the trend, seeing his net worth grow some USD 2.4 bn to reach USD 111 bn, surpassing Zuckerberg and reclaiming the sixth spot in the global wealth rankings, according to the <a href=\"https:\/\/www.bloomberg.com\/billionaires\/\">Bloomberg B\u2019naires Index<\/a>. The reason? His firm belief in value investing, according to experts, which entails picking undervalued stocks that appear to be trading for less than they should be. Buffett\u2019s widely diversified portfolio has also helped him weather the tech-storm.<\/p>\n<p><strong>Meta might not get its cryptocurrency after all:<\/strong> Meta \/ Facebook is seeing its dreams of launching a stablecoin crumble after regulatory pressure is pushing the company to sell its assets, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-01-25\/zuckerberg-s-stablecoin-ambitions-unravel-with-diem-sale-talks?srnd=premium&sref=mmeFTDW1\">Bloomberg<\/a> reports, citing sources it says have knowledge of the matter. The Diem Association (formerly known as Libra) is considering the sale in an attempt to return capital to its investors and is currently in discussions about how to best sell the IP while retaining its engineers\u2019 jobs. It is still unclear how a potential buyer would value Diem, the sources said. The project was expected to take off when Diem struck a partnership with Silvergate Capital to issue the Diem USD stablecoin, but the initiative has faced significant pushback, including from the US Federal Reserve.<\/p>\n<p><strong>Meanwhile, Elon Musk wants to pay for his Happy Meal with Dogecoin: <\/strong>The Tesla CEO egged on McDonalds <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1485953263040188416?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1485953263040188416%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.wsj.com%2Farticles%2Felon-musk-urges-mcdonalds-to-accept-dogecoin-for-payment-11643119209\">on Twitter<\/a> saying he would eat a Happy Meal on TV if the fast food chain started accepting meme-based cryptocurrency Dogecoin, to which McDonald\u2019s replied, \u201cOnly if Tesla accepts grimacecoin,\u201d in reference to the purple character that is friends with McDonald\u2019s mascot Ronald McDonald. Musk has been increasingly touting Dogecoin, earlier this month saying that Tesla <a href=\"https:\/\/www.wsj.com\/articles\/elon-musk-says-tesla-is-accepting-dogecoin-for-some-merchandise-11642145923?mod=article_inline\">would accept the crypto<\/a> as payment for some merchandise.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>We can\u2019t help but wonder whether Joe Rogan was worth the USD 100 mn and the<\/strong><strong> headache for Spotify:<\/strong> A handful of artists are pulling their music from streaming platform Spotify to take a stand against podcast host Joe Rogan spreading what they say is covid misinformation. Last week, multi-Grammy award-winning singer Neil Young, who has 6 mn monthly listeners on Spotify, was the first artist to <a href=\"https:\/\/www.ft.com\/content\/b609312d-8b5b-4e89-b11e-a691e204dc4d\">remove<\/a> his music from the platform, protesting Rogan\u2019s misinformation and reportedly losing 60% of his streaming income worldwide as a result. Singer-songwriter Joni Mitchell joined Young yesterday, reports the <a href=\"https:\/\/www.ft.com\/content\/a9fdaf0d-8d46-4a16-881f-a1b0635d3ce3\">Financial Times<\/a>, but Spotify appears to be steadfast in its decision to keep Rogan\u2019s content on its platform. In 2020, Spotify paid Joe Rogan USD 100 mn to host his podcast exclusively on the platform \u2014 a move that has brought the platform under heat for its association with the commentator. Its choice to side with the popular podcaster rather than with its artists has left some columnists <a href=\"https:\/\/www.washingtonpost.com\/arts-entertainment\/2022\/01\/28\/spotify-joe-rogan-neil-young\/\">speculating<\/a> that Spotify has become a tech company looking to beef up its bottomline by growing its podcasting portfolio. Last year, Spotify reportedly <a href=\"https:\/\/techcrunch.com\/2021\/10\/27\/spotify-says-u-s-podcast-listeners-now-use-its-service-more-than-apple-podcasts\/\">overtook<\/a> Apple podcasts in the US.<\/p>\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\/covid-19\/\">covid-19<\/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\/diem-association\/\">Diem Association<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            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              \n<article id=\"post-543368\" class=\"content-area-description single-story post-543368 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-recommends-2 tag-al-ahly tag-burkina-faso tag-enterprise-recommends tag-enterprisepm tag-sports 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-06\"><\/a> <strong>Tiffany Haddish delivers a genuine performance as a detective in Apple TV+\u2019s <\/strong><strong><a href=\"https:\/\/tv.apple.com\/us\/show\/the-afterparty\/umc.cmc.5wg8cnigwrkfzbdruaufzb6b0\">The<\/a><\/strong><strong><a href=\"https:\/\/tv.apple.com\/us\/show\/the-afterparty\/umc.cmc.5wg8cnigwrkfzbdruaufzb6b0\">Afterparty<\/a><\/strong><strong>:<\/strong> The show is created by Chris Miller, who also produced the series with his longtime collaborator, Phil Lord. The duo is the same one that\u2019s behind Spider-Man: Into the Spider-Verse and the 21 Jump Street movies. The Afterparty is set in the aftermath of a high school reunion party where the host and pop star (played by Dave Franco) fell to his death. The audience follows Tiffany Haddish as she investigates the group of partygoers and with each retelling of events, the series changes genre from action to musical to rom-com. Haddish opted out of reading ahead in the scripts, giving the guessing game a more genuine feel as she tries to figure out who the real murderer is in each episode right along with the audience, writes the <a href=\"https:\/\/www.wsj.com\/articles\/what-to-watch-the-gilded-age-and-six-more-things-to-stream-this-weekend-11643227645?mod=hp_listc_pos1\">Wall Street Journal<\/a>. New episodes drop every Friday \u2014 you can check out the trailer here: (<a href=\"https:\/\/www.youtube.com\/watch?v=BGG2H3DN_II\">watch, runtime: 02:37<\/a>).<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> \u26bd <strong>Egypt is facing off against Morocco in today\u2019s Afcon quarter-final clash<\/strong>, which kicks off at 5pm. The Pharaohs booked their place in the last eight on Wednesday by inching past C\u00f4te d\u2019Ivoire via a penalty shoot-out after a goalless draw. The game was another unconvincing performance from Egypt, who has only scored twice this tournament but managed to keep clean sheets for three consecutive games thanks to a stable defense.<\/p>\n<p><strong>Sports Minister Ashraf Sobhi has promised each player a \u201creward\u201d if we manage to beat Morocco<\/strong> as a way to motivate them to bring their A game to today\u2019s match, the ministry\u2019s spokesperson said on TV, reports <a href=\"https:\/\/www.kingfut.com\/2022\/01\/30\/minister-of-sports-reward-to-beat-morocco\/\">KingFut<\/a>.<\/p>\n<p><strong>Tonight\u2019s match could also decide the fate of Al Ahly: <\/strong>The club could be forced to play their first fixture in FIFA\u2019s Club World Cup in the UAE on 5 February without six of the team\u2019s best players, who will be busy playing for the Pharaohs should they advance, Reuters <a href=\"https:\/\/www.reuters.com\/lifestyle\/sports\/egypt-progress-cup-nations-impacts-top-club-2022-01-29\/\">notes<\/a>.<\/p>\n<p><strong>The victors of tonight\u2019s match will face <\/strong><strong>Cameroon <\/strong>\u2014 who knocked Gambia out of the tournament in a <a href=\"https:\/\/www.france24.com\/en\/tv-shows\/africa-cup-of-nations\/20220129-afcon-2022-cameroon-seal-2-0-win-over-determined-gambia-burkina-faso-upsettunisia-1-0\">2-0 victory<\/a> yesterday\u2019s match.<\/p>\n<p><strong>Meanwhile, Senegal and Equatorial Guinea will play their quarter-final Afcon match at 9pm. <\/strong><\/p>\n<p><strong>Egypt\u2019s Pyramids FC <\/strong><strong><a href=\"https:\/\/www.facebook.com\/Pyramidsfc\/posts\/1272369079833222\">announced<\/a><\/strong><strong> the signing of Burkina Faso midfielder Blati<\/strong><strong> Toure<\/strong> immediately after the end of the latter's meeting with Tunisia in Afcon yesterday. Toure was given the <a href=\"https:\/\/www.facebook.com\/TheAFCON\/posts\/497653688389886\">Player of the Match award<\/a> for the second time in a row and the third overall during the current tournament. The 27-year-old has previously played for several clubs in Spain, France, and Portugal.<\/p>\n<p><strong>The Egyptian League Cup is up and running as we dispatch: <\/strong>There are three matches that kicked off at 2pm: El Masry versus Eastern Company, Pyramids versus El Makassa, and Al Ahly versus National Bank.<\/p>\n<p><strong>? EAT THIS TONIGHT- <\/strong><\/p>\n<p><strong>Lotus sahlab, balah el sham, and\u2026 chicken teriyaki? <\/strong><strong><a href=\"https:\/\/www.instagram.com\/bosco.egypt\/?utm_medium=copy_link\">Bosco<\/a><\/strong><strong> has it all: <\/strong>The restaurant, located in Heliopolis and New Cairo, is bringing the winter warmth with a special menu that has balah el sham and a selection of sahlab \u2014 both of which we tried, and both of which were commendable. On a warmer day, Bosco is also a great place to grab a deliciously cooked meal with big portions. They have everything from sandwiches, pastas, and main courses to savory and sweet feteer. We really liked their chicken teriyaki, chicken pesto mozzarella, and cajun shrimp pasta. For appetizers, we like to try a bit of everything so the sampler platter didn\u2019t disappoint. End the meal on a sweet note with their cream and halawa feteer or their cookie dough skillet.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><\/p>\n<p>(all times CLT)<\/p>\n<p><strong>The Bibliotheca Alexandrina Orchestra <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/ba-orchestra-cairo-opera-house\/349487047019629\/\">is on stage tonight<\/a><\/strong><strong> at the Cairo Opera<\/strong><strong> House<\/strong> at 8pm to perform their Strings Masterpieces concert.<\/p>\n<p><strong>It\u2019s <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/game-night\/1945248129017126\/\">game night<\/a><\/strong><strong> today at Medrar<\/strong>, featuring retro game consoles from the 80s and 90s, PC and Arduino games, and even a few newer VR games. The event runs from 6-10pm.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Read this hilarious guide on how to manage <\/strong><strong><a href=\"https:\/\/www.amazon.com\/Jerks-Work-Toxic-Coworkers-About-ebook\/dp\/B093R54B8V\/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=\">Jerks at Work<\/a><\/strong>, courtesy of social psychologist Tessa West who has spent years finding solutions to intrapersonal conflicts in the workplace. She outlines the seven most common toxic people you\u2019ll find at work and details each one\u2019s inner workings and weak points to be able to interact with (or stop them in their tracks) when necessity dictates. These include the kiss up, the gaslighter, the bulldozer (won\u2019t let anyone else get a chance to talk), and the freerider. The book has good tips and acts as a playbook if really needed, but it\u2019s also a hilarious read as West pokes fun at nearly everything in her very realistic depiction of modern office politics.<\/p>\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\/al-ahly\/\">Al Ahly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/burkina-faso\/\">Burkina Faso<\/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\/sports\/\">sports<\/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=\"543370\" 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=\"543370\">\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\/30\/earnings-watch-obour-land-alexandria-containers\/\">\r\n                            Earnings watch: Obour Land, Alexandria Containers                        <\/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\/30\/earnings-watch-obour-land-alexandria-containers\/\" 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\/30\/earnings-watch-obour-land-alexandria-containers\/')\">\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\/30\/earnings-watch-obour-land-alexandria-containers\/\">\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=Earnings watch: Obour Land, Alexandria Containers&url=https:\/\/enterpriseam.com\/egypt\/2022\/01\/30\/earnings-watch-obour-land-alexandria-containers\/\">\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\/30\/earnings-watch-obour-land-alexandria-containers\/&title=Earnings watch: Obour Land, Alexandria Containers\">\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=Earnings+watch%3A+Obour+Land%2C+Alexandria+Containers+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F01%2F30%2Fearnings-watch-obour-land-alexandria-containers%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\/30\/earnings-watch-obour-land-alexandria-containers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-543370\" class=\"content-area-description single-story post-543370 post type-post status-publish format-standard hentry category-go-with-the-flow tag-earnings-watch tag-egx tag-enterprisepm tag-go-with-the-flow tag-obour-land wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>MARKET NEWS-<\/strong><\/p>\n<p><strong>Obour Land recorded a 13% y-o-y increase in its bottom line in 2021 to EGP 350.7<\/strong><strong> mn<\/strong>, according to the company\u2019s <a href=\"https:\/\/ent.news\/2022\/1\/Obour-Land-Earnings-2021-1.pdf\">financials (pdf)<\/a>. Obour Land\u2019s revenues increased 10% y-o-y to EGP 3 bn in 2021.<\/p>\n<p><strong>Alexandria Container and Cargo Handling\u2019s bottom line rose 14.8% y-o-y in the<\/strong><strong> first half of FY2021-22 to EGP 717.8 mn<\/strong>, according to a <a href=\"https:\/\/ent.news\/2022\/1\/Alexandria-Container-Cargo-Earnings-1H2022.pdf\">bourse filing (pdf)<\/a>. The company\u2019s revenues increased 2% y-o-y to EGP 1.1 bn during the period.<\/p>\n<p><strong>MARKET ROUNDUP- <\/strong><\/p>\n<p><strong>The EGX30 fell 0.4% at today\u2019s close<\/strong> on turnover of EGP 446 mn (60.2% below the 90-day average). Regional investors were net buyers. The index is down 4.1% YTD.<\/p>\n<p><strong>In the green: <\/strong>Ezz Steel (+1.1%), AMOC (+0.8%) and Orascom Development Egypt (+0.8%).<\/p>\n<p><strong>In the red: <\/strong>TMG Holding (-3.2%), Pioneers Properties (-2.4%) and GB Auto (-2.3%).<\/p>\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\/earnings-watch\/\">earnings watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/obour-land\/\">Obour Land<\/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=\"543371\" 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=\"543371\">\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\">CLIMATE CHANGE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/30\/the-future-of-the-carbon-emissions-market-depends-on-how-we-implement-it-today\/\">\r\n                            The future of the carbon emissions market depends on how we implement it today                        <\/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\/30\/the-future-of-the-carbon-emissions-market-depends-on-how-we-implement-it-today\/\" 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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This model effectively makes super-polluters pay while financially rewarding those with low carbon footprints. Other countries have set up voluntary carbon markets, collecting payments from private donors, companies, foundations, and potentially even other countries, and then pay emitters to reduce their CO2 emissions internally. Meanwhile, the carbon offset market sees companies pay external firms to do the climate mitigation instead of implementing it themselves, either due to high cost or lack of technical knowledge.<\/p>\n<p><strong>How do countries price carbon? <\/strong>Governments price carbon by linking it to the external costs of emissions such as damage to crops and health care costs from heat waves and droughts or to property from flooding and sea level rise, according to the <a href=\"https:\/\/www.worldbank.org\/en\/programs\/pricing-carbon\">World Bank<\/a>. The price on carbon shifts back the cost of damage to those who are responsible for it. \u201cInstead of dictating who should reduce emissions where and how, a carbon price gives an economic signal and polluters decide for themselves whether to discontinue their polluting activity, reduce emissions, or continue polluting and pay for it,\u201d the bank writes.<\/p>\n<p><strong>The concept is gaining traction: <\/strong>The EU launched the first large-scale emissions trading scheme in the world in 2005 as part of its climate policy, writes <a href=\"https:\/\/www.theguardian.com\/environment\/2021\/nov\/03\/can-carbon-trading-reduce-global-emissions\">the Guardian<\/a>. However, after the 2008 financial crisis and the resulting collapse of economic activity, the supply of emissions allowances was more than the demand \u2014 creating a very weak carbon price for years. After a series of reforms, the EU market has picked up speed and is on track to keep growing as economies rebound after the pandemic.<\/p>\n<p><strong>Meanwhile, China opened the world\u2019s largest emissions trading market last year,<\/strong> covering 40% of its emissions, and 12% of global emissions, as part of the country\u2019s aim to become \u201cnet zero\u201d by 2060. China will also use a declining cap to ensure emissions fall every year. Canada, Japan, New Zealand, South Korea, Switzerland, and the US are also working to implement carbon market schemes.<\/p>\n<p><strong>While the overall market is still nascent, it is expected to become quite lucrative if it is implemented efficiently: <\/strong>The combined value of the world\u2019s carbon markets reached USD 272 bn in 2020, a five-fold increase since 2017. The global carbon market could be worth USD 22 tn by 2050, energy consulting firm Wood Mackenzie estimates, reports the <a href=\"https:\/\/www.wsj.com\/articles\/energy-traders-see-big-money-in-carbon-emissions-markets-11630488780?mod=hp_lead_pos4\">Wall Street Journal<\/a>. The value of the market could exceed the oil market\u2019s value by 2030 and possibly even by 2025 depending on how quickly regulation is implemented, Trafigura\u2019s Hannah Hauman had previously told the WSJ.<\/p>\n<p><strong>The keyword is \u2018if\u2019: <\/strong>The price of carbon offsetting may soar \u2014 or plummet \u2014 depending on the outcome of the carbon debates, reported <a href=\"https:\/\/about.bnef.com\/blog\/carbon-offset-prices-could-increase-fifty-fold-by-2050\/\">BloombergNEF<\/a> based on its Long-Term Carbon Offset Outlook 2022 published earlier this week. The question will be whether all types of offsets will be permitted, which may result in a largely worthless oversupply of credits, or if the market will restrict credits to offsets that \u201cremove, store and sequester carbon,\u201d creating an insufficient supply of credits to meet rising demand from corporations and countries.<\/p>\n<p><strong>To get bigger, the carbon market needs to get more restrictive first: <\/strong>According to the report, if all forms of the carbon market are implemented, market prices would be kept as low as USD 11 per tonne by 2030 and USD 47 per tonne by 2050. Low carbon prices will signal that there is an oversupply of largely worthless credits in the market and attract criticism around quality, Bloomberg writes. Alternately, many climate organizations are pushing for the market to only cover offsets that store or sequester carbon rather than avoiding it. This market evolution would push prices up to a whopping USD 224 per tonne by 2029 before settling at USD 120 per tonne by 2050, threatening a supply shortfall. A third, hybrid scenario phases the offset market from a voluntary market for companies to a removal-only market for companies and finally, to a removal-only market for countries by 2050. In this scenario, prices would reach USD 48 per tonne in 2030 and spike in 2031, only to fall to USD 99 per tonne by mid-century.<\/p>\n<p><strong>Carbon capture is expected to be one of the biggest <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4ed7b3c1-2514-4f68-9b61-11486f0e348a\">topics<\/a><\/strong><strong> at COP27 at Sharm El Sheikh later this year. <\/strong>Energy consulting firm Wood Mackenzie estimated that the global carbon market could be valued at USD 22 tn by 2050, though lead author of BloombergNEF\u2019s report estimates that the market is likely to be valued at closer to USD 550 bn.<\/p>\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\/carbon-footprint\/\">carbon footprint<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"543373\" 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\/30\/543373\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-543373\" class=\"content-area-description single-story post-543373 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>1Q2022: Rameda Pharma will begin selling its generic version of Merck\u2019s oral antiviral covid-19 med.<\/p>\n<p>1Q2022: Pharos Energy\u2019s sale of 55% stake in El Fayum, Beni Suef concessions to IPR Energy Group subsidiary IPR Lake Qarun expected to close.<\/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: 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>1H2022: Egypt\u2019s second corporate green bond issuance expected to be announced.<\/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 - 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>25 January - 1 February (Tuesday-Tuesday): EGX <a href=\"https:\/\/alborsaanews.com\/2022\/01\/23\/1501763\">will open over the counter transactions<\/a> for the National Bank of Kuwait.<\/p>\n<p>27 January-7 February (Thursday-Monday): Cairo International Book Fair, Egypt International Exhibition Center.<\/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>30 January (Sunday): <a href=\"https:\/\/pomed.org\/working-group-on-egypt-calls-on-secretary-blinken-to-reprogram-foreign-aid-withheld-from-egypt\/\">Apparent deadline<\/a> for the Egyptian government to meet human rights-related conditions to unlock USD 130 mn in frozen US aid.<\/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>2 February (Wednesday): OPEC+ will meet to decide on another 400k oil production increase a day for March.<\/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>3 February (Thursday): Deadline to send in concept notes for Cultural Property Agreement Implementation projects to the <a href=\"https:\/\/eg.usembassy.gov\/wp-content\/uploads\/sites\/156\/CPAIG-2022-Announcment-RDL-edits.pdf\">US Embassy in Cairo<\/a>.<\/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>14-19 February (Monday- Saturday): An <a href=\"https:\/\/ent.news\/2022\/1\/Dream-Art-Exhibition-First-Press-release-English-final-ML-1.pdf\">art exhibition<\/a> created by marginalized children will be held at Townhouse Gallery. The event is organized by the Sawiris Foundation for Social Development, AlexBank, Townhouse Gallery, Al Ismaelia for Real Estate Investment, and Ubuntu Art Gallery.<\/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>21 February (Monday): <a href=\"https:\/\/ent.news\/2022\/1\/Speed-Medical-disclosure-17-01-2022.pdf\">Hearing at Cairo Economic Court (pdf)<\/a> on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/107f1754-dca0-4654-92e9-fd680c3c9d71\">FRA lawsuits<\/a> filed against Speed Medical.<\/p>\n<p>26 February (Saturday): Speed Medical will elect a new board during <a href=\"https:\/\/ent.news\/2022\/1\/Speed-Medical-statement_190122.pdf\">ordinary general assembly (pdf)<\/a>.<\/p>\n<p>https:\/\/ent.news\/2022\/1\/Speed-Medical-statement_190122.pdf<\/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>March: Egypt to <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/318887153615045\">host World Tourism Organization Middle East committee meeting<\/a>.<\/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): Vodacom purchase of Vodafone Group\u2019s stake in Vodafone Egypt expected to be completed by this date.<\/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 - 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>4 May (Wednesday): 3 February (Thursday): Deadline to send in applications for Cultural Property Agreement Implementation projects to the <a href=\"https:\/\/eg.usembassy.gov\/wp-content\/uploads\/sites\/156\/CPAIG-2022-Announcment-RDL-edits.pdf\">US Embassy in Cairo<\/a>.<\/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 - 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 - 14 November: 3Q2022 earnings season.<\/p>\n<p>November: Cairo Water Week 2022.<\/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>21 November-18 December (Monday-Sunday): 2022 Fifa World Cup, Qatar.<\/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>January 2023: EGX-listed companies and non-bank lenders will submit ESG reports for the first time.<\/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\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":543363,"template":"","categories":[],"tags":[],"class_list":["post-543362","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"69055072-0c88-462d-ae7a-a9848f95bc4c","teaser":"","photo_url":"https:\/\/ent.news\/2022\/1\/525.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>We\u2019re up in the Afcon quarter final today - 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\/were-up-in-the-afcon-quarter-final-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019re up in the Afcon quarter final today\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/were-up-in-the-afcon-quarter-final-today\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T20:14:46+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\/525.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\/were-up-in-the-afcon-quarter-final-today\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/were-up-in-the-afcon-quarter-final-today\/\",\"name\":\"We\u2019re up in the Afcon quarter final today - 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