{"id":544189,"date":"2022-02-16T13:59:19","date_gmt":"2022-02-16T13:59:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=544189"},"modified":"2025-12-15T20:34:20","modified_gmt":"2025-12-15T20:34:20","slug":"a-thriving-art-scene-this-week","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/a-thriving-art-scene-this-week\/","title":{"rendered":"A thriving art scene this week"},"content":{"rendered":"<section id=\"544191\" 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=\"544191\">\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\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/\">\r\n                            THIS EVENING: Egypt\u2019s economy grew 9% 1H2021-2022 + Consortium in talks to build USD 1.5 bn desalination plant + Egypt gets USD 1.5 bn funding for diesel production                        <\/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\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/\" 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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The 2Q2021-2022 figure is higher than was previously expected, as Planning Minister Hala El Said had signaled <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/346bda71-d9f0-42ee-b29d-1a13546e3181\">in December<\/a> that GDP growth was forecast at 6-7% during the quarter. The government now expects GDP growth to come in at or above 6% in the third and fourth quarters, Madbouly said. You can view the full press conference, which ended moments ago, here (<a href=\"https:\/\/www.youtube.com\/watch?v=TsltDMQqAko\">watch, runtime: 1:09:38<\/a>).<\/p>\n<p><strong>#2- USD 1.5 bn renewables-powered desalination plant coming?<\/strong> A consortium made up of UAE-based Metito Holdings, Scatec Solar, and Orascom Construction is in talks with Egyptian authorities to build a USD 1.5 bn water desalination plant that would be powered entirely using renewables, Metito Africa Managing Director Karim Madwar tells <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-02-16\/metito-scatec-in-talks-on-1-5-billion-egypt-desalination-plant?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a>. The consortium is looking to get the Sovereign Wealth of Egypt onboard the project as a partner, according to Madwar.<\/p>\n<p><strong>#3- Egypt signed a USD 1.5 bn funding agreement with a syndicate of six international<\/strong><strong> banks to finance a diesel production complex in Assiut<\/strong> at Egyps today, the Oil Ministry said in a <a href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/253375983644047\">statement<\/a>. The complex will produce Euro V-grade diesel and gasoline, among other products, according to the ministry. The funding, provided by Cr\u00e9dit Agricole, UniCredit Italia, HSBC, BNP Paribas, and Soci\u00e9t\u00e9 Generale France, will be backed by the Italian Export Credit Agency Sace.<\/p>\n<p><strong>^^ We\u2019ll have these stories and more in tomorrow\u2019s edition of EnterpriseAM.<\/strong><\/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 holding the line on new import rules:<\/strong> The Central Bank of Egypt (CBE) is not going to reverse its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f1237459-2827-438d-96c3-8fe7a8dce26e\">decision<\/a> requiring importers to get letters of credit (L\/Cs) for their purchases, CBE Governor <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1a4f5d65-6810-4ca6-b716-00e3c739fd3d\">Tarek Amer said<\/a>, urging businesses to comply with the new requirements.<\/li>\n<li><strong>The Suez Canal Authority is <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c7849637-9b84-4a89-97c8-555891db3e83\">considering selling<\/a><\/strong><strong> 20% stakes in two or three of its companies on the EGX<\/strong>, authority boss Osama Rabie said. Rabie named Canal Rope alongside Canal Harbor and Great Projects as two of the companies the SCA is considering for the float, without disclosing an expected timeline.<\/li>\n<li><strong>New green, Islamic microfinance products on the menu for 2022:<\/strong> The Financial Regulatory Authority (FRA) could soon issue licenses for green and Islamic microfinance products, FRA\u2019s Deputy Chairman <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/64766cdc-5103-4b0f-8ca0-96b6e3c87f52\">Islam Azzam said<\/a>.<\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p><strong>Former Supreme Constitutional Court (SCC) President Said Maree Gad has<\/strong><strong> passed away<\/strong> at age 68, <a href=\"https:\/\/akhbarelyom.com\/news\/newdetails\/3672463\/1\/%D9%88%D9%81%D8%A7%D8%A9-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%B3%D8%B9%D9%8A%D8%AF-%D9%85%D8%B1%D8%B9%D9%8A-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%85%D8%AD%D9%83%D9%85%D8%A9-%D8%A7%D9%84%D8%AF\">Akhbar Al Youm<\/a> reported. His death comes a few days after President Abdel Fattah El Sisi <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf6b07bf-210c-44af-99d6-859cdd1e6764\">appointed Judge Boulos Fahmy<\/a> to head the SCC, succeeding Gad, who retired for health reasons as the president of the court.<\/p>\n<p><strong>THE BIG STORY ABROAD- We interrupt your regularly scheduled Ukraine Watch<\/strong><strong> programming:<\/strong> Making the rounds in the global business press this afternoon is news that Sweden\u2019s Ericsson may have inadvertently been making payments to Daesh in Iraq. The company announced earlier today that an internal probe found evidence of payments to use transport routes that circumvent customs authorities. The probe was inconclusive in determining the beneficiaries of these payments, but noted that they occurred when Daesh, among other militant groups, were controlling transport routes. <a href=\"https:\/\/www.reuters.com\/markets\/europe\/ericsson-shares-fall-7-iraq-corruption-probe-2022-02-16\/\">Reuters<\/a> and the <a href=\"https:\/\/www.ft.com\/content\/8779157b-5568-48e7-a117-96b74c6db957\">Financial Times<\/a> have the story.<\/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>The two-day EU-AU summit kicks off in Brussels tomorrow<\/strong>, where President Abdel Fattah El Sisi is <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2c38c42e-697e-4b6b-845b-c8b4c0bec7d0\">set to meet with<\/a> Prime Minister Alexander De Croo to talk diplomatic relations and regional issues. The president is also scheduled to meet Belgium\u2019s King Phillipe and a group of Belgian business leaders.<\/p>\n<p><strong>Also on the agenda for the summit:<\/strong> Look for El Sisi to speak about the integration of African countries into the global economy, ramping up foreign investment across the continent, and supporting developing countries in their green transition \u2014 all of which are key action points for COP27 in Sharm El Sheikh this November.<\/p>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>A call for tech startups: <\/strong>The Information Technology Industry Development Agency (ITIDA) and US-based VC firm <a href=\"https:\/\/www.plugandplaytechcenter.com\/\">Plug and Play<\/a> have <a href=\"https:\/\/itida.gov.eg\/English\/PressReleases\/Pages\/ITIDA-and-Plug-and-Play-Join-Hands-with-USAID%E2%80%99s-Economic-Governance-Activity-(EGA)-to-Launch-Open-Innovation-Platformin-.aspx\">launched<\/a> an incubator and accelerator program for digital transformation-focused startups in partnership with our friends at USAID. The newly launched \u201cSmart Cities\u201d innovation hub will select 20-30 Egypt-based companies for its inaugural three-month program, which starts in March. Startups can apply <a href=\"https:\/\/www.plugandplaytechcenter.com\/cairo\/#apply\">here<\/a> before applications close on 28 February.<\/p>\n<p><strong>PSA- Your commute is going to get worse this weekend. <\/strong>Public universities begin the second term of their 2021-2022 academic year this Saturday, 19 February.<\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/www.facebook.com\/NebuGoldExpo\">Nebu Expo for Gold and Jewelry 2022<\/a><\/strong><strong> kicks off this Saturday<\/strong>, 19 February and wraps on Monday, 21 February.<\/p>\n<p>\u26c5 <strong>TOMORROW\u2019S WEATHER- <\/strong>It\u2019s going to be cloudy: Don\u2019t expect too much sun tomorrow, our favorite weather app forecasts. As for the temperature, we\u2019re in for a daytime high of 21\u00b0C and a nighttime low of 10\u00b0C.<\/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\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fuel\/\">fuel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orascom-construction\/\">Orascom Construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/scatec\/\">Scatec<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ukraine\/\">Ukraine<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/water\/\">water<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"544192\" 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 stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button 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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-7q5f318\" data-v=\"4\" data-block-id=\"7q5f318\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-7q5f318-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-7q5f318-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-bs5k9gr\" data-v=\"4\" data-block-id=\"bs5k9gr\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-bs5k9gr-container stk--no-background 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256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"544193\" 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=\"544193\">\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\/02\/16\/scientists-get-closer-to-hiv-cure-a-dirty-dozen-banks-and-investors-are-propping-up-the-global-coal-industry\/\">\r\n                            Scientists get closer to HIV cure + A \u201cdirty dozen\u201d banks and investors are propping up the global coal industry                        <\/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\/02\/16\/scientists-get-closer-to-hiv-cure-a-dirty-dozen-banks-and-investors-are-propping-up-the-global-coal-industry\/\" target=\"_blank\">\n                    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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/487.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"487.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/487.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/487.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-544193\" class=\"content-area-description single-story post-544193 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-coal tag-enterprisepm tag-for-your-commute tag-green-economy 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-03\"><\/a> <strong>Scientists are getting closer to finding a cure for HIV: <\/strong>A team of American researchers have cured a woman of HIV through a stem cell transplant, making her the first woman and the third person to be successfully treated, <a href=\"https:\/\/www.reuters.com\/business\/healthcare-pharmaceuticals\/first-woman-reported-cured-hiv-after-bone-marrow-transplant-2022-02-15\/\">Reuters<\/a> reports. Prior to the woman \u2014 who was diagnosed with HIV in 2013 and leukemia four years later \u2014 two male HIV patients were successfully cured by receiving adult stem cells, which are usually used in bone marrow transplants. \u201cTaken together, these three cases of a cure post stem cell transplant all help in teasing out the various components of the transplant that were absolutely key to a cure,\u201d said the head of the International AIDS Society.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>A \u201cdirty dozen\u201d banks and investors are propping up the global coal industry, channeling<\/strong><strong> USD 1.5 <\/strong><strong>tn into<\/strong><strong> the fossil fuel over the past two years <\/strong>through lending and underwriting mandates, finds a <a href=\"https:\/\/urgewald.org\/medien\/neue-recherche-enthuellt-banken-investoren-globaler-kohleindustrie\">study<\/a> by Urgewald and Reclaim Finance. Institutional investors were found to have upward of USD 1.2 tn in global coal industry stocks and bonds. The research, which is based on the Global Coal Exit List (<a href=\"https:\/\/coalexit.org\/\">GCEL<\/a>), found that 1,032 companies account for 90% of the world\u2019s thermal coal production and coal-fired capacity, with 12 banks accounting for 48% of lending on the GCEL. Ten of those 12 lenders are members of the UN\u2019s Net Zero Banking Alliance, an initiative to align the industry\u2019s portfolios with net-zero emissions by 2050. BlackRock was found to be the strongest supporter of the global coal industry among investors.<\/p>\n<p><strong>A benchmark for phasing out coal use: <\/strong>One of the goals of last year\u2019s COP26 summit in Glasgow was to phase out coal usage, which, although not met, did secure pledges to \u201c<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/17f4feb1-0f1a-483e-8515-a4aea2f91682\">phase down<\/a>\u201d coal usage from coal-dependent countries. Campaigners have said Urgewald\u2019s study should be a <a href=\"https:\/\/www.cnbc.com\/2022\/02\/15\/climate-research-shows-how-banks-investors-finance-the-coal-industry.html\">benchmark<\/a> to assess the promises made at COP26. Egypt and at least 22 other countries signed on to several landmark agreements to phase out the use of coal power and end financing for new coal plants at <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/17f4feb1-0f1a-483e-8515-a4aea2f91682\">the COP26 summit<\/a>, including pledges from banks and financial institutions to end financing for new plants.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Players strike down Fifa\u2019s proposal for a World Cup every two years instead of the<\/strong><strong> current four:<\/strong> <a href=\"https:\/\/www.fifpro.org\/en\/supporting-players\/competitions-innovation-and-growth\/competition-design-and-structures\/fifpro-global-player-survey-75-percent-of-men-s-players-want-to-keep-world-cup-every-four-years\/\">A survey<\/a> of more than 1k male players of 70 nationalities showed opposition against the idea of a more frequent championship, reports <a href=\"https:\/\/www.independent.co.uk\/sport\/football\/fifa-fifpro-world-cup-survey-aleksander-ceferin-b2015425.html\">The Independent<\/a>. The survey found that 77% of players in both Europe and Asia favored the four-year system, while the majority of respondents from the Americas (63%) also said they don\u2019t want to change the current system. Players in Africa were leaning more towards the new proposed tournament, with 49% of athletes saying they want to continue with four-yearly World Cups.<\/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\/coal\/\">coal<\/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\/green-economy\/\">Green Economy<\/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=\"544195\" 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=\"544195\">\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                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/catch-season-two-of-love-is-blind-how-identifying-your-corporate-purpose-helps-set-a-management-ethos-dont-miss-todays-champions-league-matches\/\">\r\n                            Catch season two of Love Is Blind + How identifying your corporate purpose helps set a management ethos + Don\u2019t miss today\u2019s Champions League matches                        <\/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\/02\/16\/catch-season-two-of-love-is-blind-how-identifying-your-corporate-purpose-helps-set-a-management-ethos-dont-miss-todays-champions-league-matches\/\" 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 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  <\/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\/02\/16\/catch-season-two-of-love-is-blind-how-identifying-your-corporate-purpose-helps-set-a-management-ethos-dont-miss-todays-champions-league-matches\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/488.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"544196\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/catch-season-two-of-love-is-blind-how-identifying-your-corporate-purpose-helps-set-a-management-ethos-dont-miss-todays-champions-league-matches\/488-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/488.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"488.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/488.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/488.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-544195\" class=\"content-area-description single-story post-544195 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-recommends-2 tag-enterprise-recommends tag-enterprisepm tag-sports tag-world-cup 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><strong>If you can stand to lose a few brain cells after a long day of work, we have season two of reality show <\/strong><strong><a href=\"https:\/\/www.netflix.com\/title\/80996601\">Love Is Blind<\/a><\/strong><strong>. <\/strong>The show brings together 20 singles in a social experiment that allows them to talk to each other in \u201cpods\u201d but not see each other until someone proposes. Once that happens, they finally get to see their now-fianc\u00e9(e) face-to-face for the first time. The series follows them as they go through meeting the parents, moving in together \u2014 all on an expedited timeline. And in another low, even for reality television, there\u2019s a wedding with a possibility of a jilting at the altar. It\u2019s really one of those dime a dozen dating reality shows that are derivatives of the Bachelor but in this situation or that. But guilty pleasures are a thing, and we won\u2019t shame you for it. Afterall, we did write this.<\/p>\n<p>\u26bd <strong>Blue versus red: <\/strong>Inter Milan hosts Liverpool in the first leg of the 16th round of the Champions League at 10pm. At the same time, Austria\u2019s Red Bull Salzburg will meet Bayern Munich. The victors of the two matches will meet in the quarter-finals.<\/p>\n<p><strong>Yesterday's Champions League results:<\/strong> Manchester City beat Sporting Lisbon 5-0, ensuring a spot in the quarter finals. Meanwhile, Paris Saint-Germain needed to wait until the 94th minute for Kylian Mbappe to snatch a deadly goal against rivals Real Madrid.<\/p>\n<p><strong>La Liga:<\/strong> Atletico Madrid will host Levante in the Spanish League at 8pm.<\/p>\n<p><strong>In the Egyptian Premier League: <\/strong>Pyramids will face El Ismaily in a match that starts at 5:30pm, while Future plays with the National Bank at 8pm.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><\/p>\n<p>(all times CLT)<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>The art scene is thriving this week:<\/strong><\/p>\n<p><strong>Ubuntu Art Gallery has opened two new exhibitions: <\/strong><a href=\"https:\/\/www.facebook.com\/events\/s\/banana-universe\/3046456775604177\/\">Banana Universe<\/a> by Mohamed Khaled Omran features works by the visual artist who produces various styles of pieces such as paintings, stained glass, mosaic, sculptures, and installation art. Meanwhile, <a href=\"https:\/\/www.facebook.com\/events\/s\/the-girls-windows-iii\/381158853848606\/\">The Girls Windows III<\/a> features art by Rana Samir, Fatma Mostafa, Mariam Soliman who explore what it means to be a woman.<\/p>\n<p><strong>TAM Gallery is hosting the exhibition <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/trifecta-a-trio-exhibition\/366690618250736\/\">Trifecta<\/a><\/strong> dedicated to the work of three artists: Amir Abdel Ghani, Mostafa Khedr, and Panc\u00e9 Ahmed. Through their collections, the artists discuss important and impactful societal, existential and environmental topics.<\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/international-surrealist-photo\/464729128712192\/\">International Surrealist Photography Exhibition<\/a><\/strong><strong> is on display at Lamasatt Gallery<\/strong> with artists from around the world showcasing their photographs.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>How to identify your business\u2019 purpose to set an effective management ethos:<\/strong> <a href=\"https:\/\/www.amazon.com\/Deep-Purpose-Heart-High-Performance-Companies\/dp\/0063088916\">Deep Purpose<\/a> by Harvard Business School Professor Ranjay Gulati explores the notion of corporate purpose, which is often conflated with strategy and other concepts like mission, vision, and values. However, Gulati argues that companies should interact with purpose on more than just a superficial, marketing level. Instead, he shows how companies can embed purpose to deliver impressive performance benefits that reward customers, suppliers, employees, shareholders, and communities. Using 200 interviews with selected companies such as PepsiCo and Microsoft, Gulati lays out the challenges of embedding purpose. They include how to create a purpose-led culture that allows for staff members\u2019 individuality and diversity, and how to cope with \u201cthe personification paradox\u201d \u2014 when the leader who embodies a company\u2019s purpose moves on. The book stands out as a new way to set a direction for your business and identify the factors that will help it grow sustainably.<\/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\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-cup\/\">World Cup<\/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=\"544197\" 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=\"544197\">\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\/02\/16\/speed-medicals-net-income-rose-71-4-y-o-y-in-2021-egytrans-to-undergo-company-restructuring\/\">\r\n                            Speed Medical\u2019s net income rose 71.4% y-o-y in 2021 + Egytrans to undergo company restructuring                        <\/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\/02\/16\/speed-medicals-net-income-rose-71-4-y-o-y-in-2021-egytrans-to-undergo-company-restructuring\/\" 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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The company\u2019s revenues rose 110% y-o-y to EGP 365.2 mn.<\/p>\n<p><strong>MARKET NEWS- <\/strong><strong><a href=\"https:\/\/egytrans.com\/home\">Egytrans<\/a><\/strong><strong> is planning on spinning off several of its key business units as part of its <\/strong><strong>restructuring plan <\/strong>following an approval of the plan by the company\u2019s board, according to a <a href=\"https:\/\/ent.news\/2022\/2\/Egytrans-restructuring.pdf\">bourse filing (pdf)<\/a> today. The move would allow these units, who will remain subsidiaries of Egytrans, more flexibility when it comes to things like expanding abroad, acquisition <strong>and potentially listing these subsidiaries, <\/strong>the filing reads.<\/p>\n<p><strong>MARKET ROUNDUP-<\/strong><\/p>\n<p><strong>The EGX30 rose less than 0.1% at today\u2019s close<\/strong> on turnover of EGP 705 mn (32% below the 90-day average). Foreign investors were net sellers. The index is down 3.2% YTD.<\/p>\n<p><strong>In the green: <\/strong>Credit Agricole Egypt (+4.0%), Oriental Weavers (+1.7%) and Heliopolis Housing (+1.5%).<\/p>\n<p><strong>In the red: <\/strong>Rameda (-3.6%), Ibnsina Pharma (-1.9%) and Elsewedy Electric (-1.9%).<\/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\/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\/egytrans\/\">EgyTrans<\/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\/speed-medical\/\">Speed Medical<\/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=\"544198\" 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\/02\/16\/544198\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-544198\" class=\"content-area-description single-story post-544198 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 a 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>1H2022: The Transport Ministry <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/334230905414003\">to sign<\/a> a memorandum of understanding with <a href=\"https:\/\/www.adports.ae\/\">Abu Dhabi Ports<\/a> to set up a transport route across the Nile to transport products from Al Canal\u2019s Minya<a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/23\/uaes-al-ghurair-to-invest-usd-1-bn-in-sugar-agriculture-project\/\">sugar factory<\/a>.<\/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.<\/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>4-20 February (Friday-Sunday): 2022 Winter Olympics, Beijing.<\/p>\n<p>14-16 February (Monday-Wednesday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, 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>17-18 February (Thursday-Friday): <a href=\"https:\/\/g20.org\/events\/1st-finance-ministers-and-central-bank-governor-meeting\/\">G20 Meeting of Finance Ministers and Central Bank Governors<\/a>, Jakarta.<\/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>22 February (Tuesday): The Egyptian National Railway is holding a forum to gauge public interest in its plans to delegate the management and operations of freight transport to the private sector.<\/p>\n<p>22-24 February (Tuesday-Thursday): <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/332874495549644\">Investment Forum<\/a>, General Authority For Investments (GAFI) Main Office, Nasr City.<\/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>27 February (Sunday): British-Egyptian Business Association (BEBA) green finance event with Finance Minister Mohamed Maait, Semiramis Intercontinental, Cairo<\/p>\n<p>28 February (Monday): Applications close for the <a href=\"https:\/\/www.plugandplaytechcenter.com\/cairo\/#apply\">incubator and accelerator program<\/a> run by Information Technology Industry Development Agency (ITIDA), US-based VC firm Plug and Play, and USAID.<\/p>\n<p>28 February- 1 March (Monday-Tuesday): <a href=\"https:\/\/futuredc.org\/\">The Future of Data Centers Summit<\/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>March: Egypt to <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/318887153615045\">host World<\/a><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/318887153615045\">Tourism Organization Middle East committee meeting<\/a>.<\/p>\n<p>March: The Salam \u2013 new administrative capital \u2013 10th of Ramadan Light Rail Train (LRT) line <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/327078179462609\">will start operating<\/a>.<\/p>\n<p>3 March (Thursday): Fawry\u2019s<a href=\"https:\/\/ent.news\/2022\/2\/Fawry-extraordinary-general-assembly-capital-increase-3-March.pdf\">extraordinary general assembly (pdf)<\/a> to vote on EGP 800 mn capital increase.<\/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>25 March (Friday): Egypt will host Senegal in the first leg of their 2022 FIFA World Cup qualifiers' playoff (TBC).<\/p>\n<p>26 March (Saturday): Egypt-EU World Trade Organization dispute settlement consultations end.<\/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>28 March (Monday): The second leg of the 2022 FIFA World Cup qualifiers' playoff between Egypt and Senegal (TBC).<\/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>April: Fuel pricing committee meets to decide quarterly fuel prices.<\/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>14 April (Thursday): European Central Bank monetary policy meeting.<\/p>\n<p>Mid-April: Trading on the <a href=\"https:\/\/alborsaanews.com\/2022\/02\/13\/1508190\">Egyptian Commodity Exchange to start<\/a>.<\/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>9 June (Thursday): European Central Bank monetary policy 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>2H2022: The government will have vaccinated 70% of the population.<\/p>\n<p>July: A law governing ins. for seasonal contractors will come into effect.<\/p>\n<p>July: Fuel pricing committee meets to decide quarterly fuel prices.<\/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>21 July (Thursday): European Central Bank monetary policy meeting.<\/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>September: Central Bank of Egypt\u2019s Innovation and Financial Technology Center to launch incubator for 25 fintech startups.<\/p>\n<p>8 September (Thursday): European Central Bank monetary policy meeting.<\/p>\n<p>20-21 September (Tuesday-Wednesday): Federal Reserve Finterest rate meeting.<\/p>\n<p>22 September (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>October: World Bank and IMF annual meetings in Washington, DC<\/p>\n<p>October: Fuel pricing committee meets to decide quarterly fuel prices.<\/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>27 October (Thursday): European Central Bank monetary policy meeting.<\/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>7-18 November (Monday-Friday): Egypt will host <a href=\"https:\/\/sdg.iisd.org\/events\/2021-un-climate-change-conference-unfccc-cop-27\/\">COP27<\/a> in Sharm El Sheikh.<\/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>15 December (Thursday): European Central Bank monetary policy 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>January: Fuel pricing committee meets to decide quarterly fuel prices.<\/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":544190,"template":"","categories":[],"tags":[],"class_list":["post-544189","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"f5d4eba7-1f3b-4f15-8a30-10f8ea4be4d3","teaser":"","photo_url":"https:\/\/ent.news\/2022\/2\/486.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>A thriving art scene this week - 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\/a-thriving-art-scene-this-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A thriving art scene this week\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/a-thriving-art-scene-this-week\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T20:34:20+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/486.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\/a-thriving-art-scene-this-week\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/a-thriving-art-scene-this-week\/\",\"name\":\"A thriving art scene this week - 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