{"id":545340,"date":"2022-03-22T13:51:29","date_gmt":"2022-03-22T13:51:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=545340"},"modified":"2025-12-15T21:01:38","modified_gmt":"2025-12-15T21:01:38","slug":"surprise-our-air-quality-is-not-great","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/surprise-our-air-quality-is-not-great\/","title":{"rendered":"Surprise: Our air quality is not great"},"content":{"rendered":"<section id=\"545342\" 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=\"545342\">\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\/03\/22\/this-evening-egx-continues-rising-our-first-samurai-bond-issuance-is-back-in-play-egypt-revises-downwards-fy2022-2023-gdp-growth-rate\/\">\r\n                            THIS EVENING: EGX continues rising + Our first Samurai bond issuance is back in play + Egypt revises downwards FY2022-2023 GDP growth rate                        <\/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\/03\/22\/this-evening-egx-continues-rising-our-first-samurai-bond-issuance-is-back-in-play-egypt-revises-downwards-fy2022-2023-gdp-growth-rate\/\" 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\/03\/22\/this-evening-egx-continues-rising-our-first-samurai-bond-issuance-is-back-in-play-egypt-revises-downwards-fy2022-2023-gdp-growth-rate\/')\">\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\/03\/22\/this-evening-egx-continues-rising-our-first-samurai-bond-issuance-is-back-in-play-egypt-revises-downwards-fy2022-2023-gdp-growth-rate\/\">\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=THIS EVENING: EGX continues rising + Our first Samurai bond issuance is back in play + Egypt revises downwards FY2022-2023 GDP growth rate&url=https:\/\/enterpriseam.com\/egypt\/2022\/03\/22\/this-evening-egx-continues-rising-our-first-samurai-bond-issuance-is-back-in-play-egypt-revises-downwards-fy2022-2023-gdp-growth-rate\/\">\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\/03\/22\/this-evening-egx-continues-rising-our-first-samurai-bond-issuance-is-back-in-play-egypt-revises-downwards-fy2022-2023-gdp-growth-rate\/&title=THIS EVENING: EGX continues rising + Our first Samurai bond issuance is back in play + Egypt revises downwards FY2022-2023 GDP growth rate\">\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=THIS+EVENING%3A+EGX+continues+rising+%2B+Our+first+Samurai+bond+issuance+is+back+in+play+%2B+Egypt+revises+downwards+FY2022-2023+GDP+growth+rate+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F03%2F22%2Fthis-evening-egx-continues-rising-our-first-samurai-bond-issuance-is-back-in-play-egypt-revises-downwards-fy2022-2023-gdp-growth-rate%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\/03\/22\/this-evening-egx-continues-rising-our-first-samurai-bond-issuance-is-back-in-play-egypt-revises-downwards-fy2022-2023-gdp-growth-rate\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-545342\" class=\"content-area-description single-story post-545342 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-boeing-737 tag-china tag-egp tag-egx tag-enterprisepm tag-gdp tag-japan tag-judiciary tag-what-were-tracking-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Happy hump days, ladies and gentlemen.<\/strong> The news cycle here at home calmed down somewhat from where it was yesterday, but is still pleasantly brisk.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>THE BIG STORIES TODAY<\/strong><\/p>\n<p><strong>EGX continues rising:<\/strong> The EGX climbed again today thanks to the raft of decisions and announcements yesterday, including the Madbouly government\u2019s EGP 130 bn stimulus package in tax incentives and legislative amendments to spur activity on the bourse. The EGX30 closed up 1.3% today, after seeing its best trading day in nearly two years yesterday, rising 4.9%. Today\u2019s rise came as Fawry shares rose 5.4% and CIB shares rose 3.1%, following news reports that Abu Dhabi wealth fund <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b620f717-d83d-4c48-906c-a85dca2eff2a\">ADQ is looking to purchase<\/a> an unspecified stake in the fintech darling and snap up as much as 18% of the leading private sector bank.<\/p>\n<p><strong>Meanwhile, the EGP settled at 18.55 against the USD by the end of the trading day<\/strong>, down from EGP 18.27 per USD yesterday.<\/p>\n<p><strong>With fresh funding needs, our first Samurai bond issuance is back in play:<\/strong> The Finance Ministry plans to issue Egypt\u2019s first Samurai bonds, with plans to sell USD 500 mn in JPY-denominated bonds in Japan on Thursday, Mohamed Hegazy, head of the ministry\u2019s debt unit, told Enterprise, confirming a story in <a href=\"https:\/\/www.asharqbusiness.com\/article\/35269\">Bloomberg Asharq<\/a>. The ministry had announced it was planning the bond sale for sometime in 1H2022 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/51628974-be35-4f80-bb1a-b37a346a766d\">in January<\/a>, but then said it <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f5dcf6d3-746d-4f31-8660-5ea355a52108\">would likely be delayed<\/a> due to deteriorating market conditions because of the Russia-Ukraine war.<\/p>\n<p><strong>Elsewhere on the macro front: The Planning Ministry has revised downwards its expected GDP growth rate for<\/strong><strong> FY2022-2023 to 5.5%<\/strong>, from 5.7% before the impacts of the Russia-Ukraine war began to hit public finances, cabinet said in a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/364253455745081\">statement<\/a> today. This came as Prime Minister Moustafa Madbouly directed the Finance Ministry to restructure the FY2022-2023 budget in order to \u201creassess priorities\u201d amid rising commodity and oil prices. The priority for the revised budget will go towards social protection programs to help support the populations most affected by the repercussions of the war in Ukraine, Madbouly said, as he called on each ministry to revise its spending in light of the current events.<\/p>\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>More than a spoonful sugar to help the medicine go down:<\/strong> Fresh off the heels of the Central Bank of Egypt\u2019s decision yesterday to raise interest rates and allow the EGP to devalue against the USD, the Madbouly government <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d34fde27-bb5d-4393-8c4d-b149d636663d\">announced a package<\/a> of incentives that would see EGP 130 bn in tax relief being doled out while moving up the timeline of already-planned social safety measures.<\/li>\n<li><strong>Gov\u2019t agrees USD 2 bn asset sale with Abu Dhabi wealth fund:<\/strong> Abu Dhabi wealth fund ADQ is reportedly <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b620f717-d83d-4c48-906c-a85dca2eff2a\">buying government holdings<\/a> in five EGX-listed companies, including up to 18% of CIB and an unspecified stake in Fawry, for around USD 2 bn.<\/li>\n<li><strong>Price controls on unsubsidized bread are here:<\/strong> The Madbouly cabinet <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/14d38998-c17f-4e56-b6e5-ddb78d1e04f9\">announced yesterday<\/a> it is imposing price caps on unsubsidized baladi and fino bread for three months.<\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>We interrupt your regularly-scheduled Russia-Ukraine programming<\/strong>, as yesterday\u2019s deadly <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5b2d8eaa-d63b-411f-8816-8580c9ed961a\">Boeing 737 plane crash in China<\/a> dominates global headlines. No survivors have been found so far from the aircraft, which was carrying 132 people, making it China\u2019s worst air catastrophe in over two decades, the <a href=\"https:\/\/www.ft.com\/content\/6d16194e-8003-4a0b-bbe5-9e6e7a9ddb44\">Financial Times<\/a>reported. The cause of the crash remains unknown, as investigators facing poor weather conditions and logistical difficulties have been unable to locate the plane\u2019s black box, China Youth Daily reported, according to <a href=\"https:\/\/edition.cnn.com\/2022\/03\/22\/china\/china-eastern-airlines-plane-crash-tuesday-intl-hnk\/index.html\">CNN<\/a>.<\/p>\n<p><strong>Over in Russia and Ukraine<\/strong>, US President Joe Biden is sounding the alarm that Moscow could turn to chemical and biological weapons \u201cindiscriminate bombing\u201d as it grows more desperate in its attack on Ukraine, the <a href=\"https:\/\/www.ft.com\/content\/cb52ed79-8ba6-4f55-a766-d58b959e2ca9\">Financial Times<\/a> writes. Biden also flagged potential cyber attacks from Russia.<\/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>There\u2019s no MPC meeting this Thursday:<\/strong> The Central Bank of Egypt <a href=\"https:\/\/ent.news\/2022\/3\/CBE-statement-cancelling-Thursday-24-March-22-meeting.pdf\">has canceled (pdf)<\/a> Thursday\u2019s regularly scheduled Monetary Policy Committee meeting after enacting a surprise 100 bps rate hike at a special meeting early yesterday morning.<\/p>\n<p><strong>Do you need to dive deeper into e-invoicing?<\/strong> Lynx Strategic Business Advisors are hosting a webinar on Wednesday, 23 March to discuss the system. The Arabic-language gathering will take place 12:00-1:30pm with speakers from the Finance Ministry and the Tax Authority and a panel discussion including the CFOs of PepsiCo, Talabat and Unilever. You can register for the event <a href=\"https:\/\/us06web.zoom.us\/webinar\/register\/WN_eQPt66N_SVGYSxQVY_kkkg\">here<\/a>.<\/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 18\u00b0C during the day and 8\u00b0C at night tomorrow, our favorite weather app tells 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\/boeing-737\/\">Boeing 737<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egp\/\">EGP<\/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\/gdp\/\">GDP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/japan\/\">Japan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/judiciary\/\">judiciary<\/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=\"545343\" 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-api24y1\" data-v=\"4\" data-block-id=\"api24y1\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-api24y1-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-api24y1-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-1xxod3c\" data-v=\"4\" data-block-id=\"1xxod3c\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-1xxod3c-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-1xxod3c-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\" src=\"https:\/\/ent.news\/internal\/27480.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Shaping the future of education in Egypt<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" 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  story-section            \"\r\n            id=\"545344\">\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\/03\/22\/egypt-is-the-27th-most-polluted-country-in-the-world-in-2021-investors-are-amping-up-the-pressure-on-green-startups\/\">\r\n                            Egypt is the 27th most-polluted country in the world in 2021 + Investors are amping up the pressure on green startups                        <\/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        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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/539.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"545345\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/22\/egypt-is-the-27th-most-polluted-country-in-the-world-in-2021-investors-are-amping-up-the-pressure-on-green-startups\/539-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/539.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"539.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/539.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/539.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-545344\" class=\"content-area-description single-story post-545344 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-enterprisepm tag-environment tag-for-your-commute tag-green-economy tag-world-health-organization 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-04\"><\/a> <strong>Egypt was the 27th most-polluted country in the world last year out of 117<\/strong><strong> countries surveyed<\/strong>, with an annual reading of small and hazardous airborne particles known as PM2.5 standing at 29.1, according to <a href=\"https:\/\/ent.news\/2022\/3\/world-air-quality-report-2021-en.pdf\">data (pdf)<\/a> compiled by IQAir, a Swiss pollution technology company that monitors air quality. The survey was meant to find how many cities met World Health Organization (WHO) air quality standards last year, mitigating both climate change and health risks to residents. The WHO recommends that average annual PM2.5 readings should not exceed 5 micrograms per cubic meter (\u00b5g\/m\u00b3). New Cairo\u2019s PM2.5 was found to be at 29.1 \u00b5g\/m\u00b3 in 2021, exceeding WHO\u2019s recommendation by 5-7 times and putting the Egyptian city in the higher range of pollution, ranking #502 out of the 6,475 cities in the report. This is also up more than 67% compared to just two years ago, with 2019\u2019s PM2.5 reading at 18 \u00b5g\/m\u00b3.<\/p>\n<p><strong>We\u2019re not alone in falling short of WHO standards: <\/strong>The vast majority of cities exceeded the recommended levels, with only 3.4% of all cities surveyed meeting the WHO\u2019s standard during the year, reports <a href=\"https:\/\/www.reuters.com\/business\/environment\/no-country-met-who-air-quality-standards-2021-data-2022-03-22\/\">Reuters<\/a>. For the air quality rankings for capital cities, India\u2019s New Delhi took the first spot with 85 \u00b5g\/m\u00b3, followed by Bangladesh\u2019s Dhaka (78.1 \u00b5g\/m\u00b3) and Chad\u2019s N'Djamena (77.6 \u00b5g\/m\u00b3). The Arab world follows not too far behind, with Oman\u2019s Muscat coming in at #5, Bahrain\u2019s Manama at #7, Iraq\u2019s Baghdad at #8, Qatar\u2019s Doha at #13, and UAE\u2019s Abu Dhabi at #18.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Investors are amping up the pressure on green startups:<\/strong> After raising a record USD 45 bn last year, privately-held green startups are facing pressure from their investors to deliver on their promises, between better batteries, EVs and sustainable materials, the <a href=\"https:\/\/www.wsj.com\/articles\/green-startups-flush-with-cash-face-pressure-to-make-climate-advances-11647682202?mod=hp_lead_pos3\">Wall Street Journal<\/a> writes, citing investors. The funding acquired could finance the start of the transition from fossil fuels to greener alternatives \u2014 even if the startups don\u2019t fully meet their promises to investors. Companies need to prove that their technology works, as they start to face criticism for being overvalued. But even some progress \u201con longstanding challenges\u201d in energy storage or sustainable products, supported by the current influx of green investments, could prevent a repeat of the <a href=\"https:\/\/abcnews.go.com\/Blotter\/green-firms-fed-cash-give-execs-bonuses-fail\/story?id=15851653\">2010 wave of bankruptcies<\/a> among green startups, which then led to an investment drought.<\/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\/environment\/\">environment<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-health-organization\/\">World Health 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=\"545346\" 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=\"545346\">\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\/03\/22\/we-cant-get-enough-of-shahids-menawara-b-ahlaha-catch-a-rendez-vous-with-french-culinary-arts-todays\/\">\r\n                            We can\u2019t get enough of Shahid\u2019s Menawara B Ahlaha + Catch a rendez-vous with French culinary arts todays                        <\/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\/03\/22\/we-cant-get-enough-of-shahids-menawara-b-ahlaha-catch-a-rendez-vous-with-french-culinary-arts-todays\/\" 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 psychological thriller starring Laila Elwi, Ghada Adel, Bassem Samra, Ahmed El Sa'dany, Nahed Elsebai, Mohamed Hatem, and Abbas Abul Hassan, follows the investigation into a revengeful murder of a man in his apartment. With no sufficient evidence and lack of information over the identity of the man, the case is closed and filed against an unknown person. But prosecutor Adam decides to reopen the case, as he is sent photo scraps believed to be shot by the victim. The photo scraps eventually begin to tell a story, helping Adam piece information together and discover the truth, uncovering in the process a strange world with dark secrets. The series is directed by the iconic Yousry Nasrallah, and is set to be renewed for a second season, according to screenwriter Mohamed Amin Rady (the mastermind behind El Sabaa Wasaya).<\/p>\n<p>\u26bd <strong>We\u2019re still on a break from football for a few days until Thursday<\/strong>, which will see the World Cup qualifiers in Europe and Asia. But the most exciting event for us is on Friday, when Egypt is scheduled to play against Senegal in the first leg of the decisive final stage of the African qualifiers for the World Cup held in Doha this year.<\/p>\n<p><strong>?EAT THIS TONIGHT- <\/strong><\/p>\n<p><strong>It\u2019s that time of the year when we try to change up our eating habits and opt for<\/strong><strong> somewhat healthier, nutrient-rich options. <\/strong>That\u2019s why we\u2019re sticking to Maadi\u2019s <strong><a href=\"https:\/\/www.facebook.com\/Lyfe.egy\/\">Lyfe<\/a><\/strong>, an eatery and juice bar, for some wholesome and freshly made food. Our favorite choice to get us through the workday: Their feta basil wrap, paired with an avo-kiwi smoothie, giving us an all-green meal. But there are plenty more options, including poke bowls (which are all the rage nowadays), including the Classic Poke and Oahu Poke, and the option of making your own. They also have pancakes, overnight oats, Greek yogurt mixes, and some vegan options to cater to everyone. It\u2019s a 10\/10 for us.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><\/p>\n<p>(all times CLT)<\/p>\n<p><strong>Catch a <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/396199998898606\/\">rendez-vous with French culinary arts<\/a><\/strong> at Downtown\u2019s French Institute in Egypt at 6:30pm, which brings together culinary art professionals to give you a full spectrum of training to potential jobs in France, one of the most prestigious markets for the field.<\/p>\n<p><strong>Are you in the mood for a unique exhibition?<\/strong> Pop by <a href=\"https:\/\/www.facebook.com\/events\/673465870595645\/\">The Real Toys Story<\/a>' exhibition by Ahmed Elfayed at Garden City\u2019s Falak at 6pm. The exhibition is for \u201call the lovers of Egypt and lovers of the art of miniature models.\u201d<\/p>\n<p><strong>Calling all lovers of The Godfather trilogy: <\/strong>You can still catch its theatrical re-release in 4K to mark its 50th anniversary at <a href=\"https:\/\/www.facebook.com\/events\/1018830059010978\/\">Zamalek Cinema<\/a>\u2019s special screening today at 7 pm. The re-release only includes the first film in the trilogy on the Corleone family (which is, in any true cinephile\u2019s opinion, the best of the three).<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>In keeping with the overarching news theme of war and civilians being collateral<\/strong><strong> damage<\/strong>, we\u2019re reading <a href=\"https:\/\/www.amazon.com\/Night-Draws-Near-People-Americas\/dp\/0312426038\">The Night Draws Near<\/a> by late war correspondent and Pulitzer Prize laureate Anthony Shadid, a painful human collage on the suffering of ordinary Iraqi citizens that began with the US invasion of Iraq in 2003. Shadid uses his literary genius to illustrate how Saddam\u2019s fall not shifted politics in Iraq and paved the way for a jihadist insurgency.<\/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\/eat-this-tonight\/\">Eat This Tonight<\/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\/on-the-tube-tonight\/\">On The Tube Tonight<\/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=\"545348\" 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=\"545348\">\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\/03\/22\/earnings-watch-maridive-oil-and-services-arab-dairy\/\">\r\n                            Earnings watch: Maridive Oil and Services, Arab Dairy                        <\/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\/03\/22\/earnings-watch-maridive-oil-and-services-arab-dairy\/\" 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\/03\/22\/earnings-watch-maridive-oil-and-services-arab-dairy\/')\">\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\/03\/22\/earnings-watch-maridive-oil-and-services-arab-dairy\/\">\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: Maridive Oil and Services, Arab Dairy&url=https:\/\/enterpriseam.com\/egypt\/2022\/03\/22\/earnings-watch-maridive-oil-and-services-arab-dairy\/\">\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\/03\/22\/earnings-watch-maridive-oil-and-services-arab-dairy\/&title=Earnings watch: Maridive Oil and Services, Arab Dairy\">\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+Maridive+Oil+and+Services%2C+Arab+Dairy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F03%2F22%2Fearnings-watch-maridive-oil-and-services-arab-dairy%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\/03\/22\/earnings-watch-maridive-oil-and-services-arab-dairy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-545348\" class=\"content-area-description single-story post-545348 post type-post status-publish format-standard hentry category-go-with-the-flow tag-arab-dairy tag-egx tag-enterprisepm tag-go-with-the-flow tag-maridive wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EARNINGS WATCH-<\/strong><\/p>\n<p><strong>Maridive Oil and Services narrowed its losses to USD 78.07 mn in FY2021<\/strong>, down from USD 143.26 mn the year before, according to the <a href=\"https:\/\/ent.news\/2022\/3\/Maridive-FY2021-financials.pdf\">company\u2019s financials (pdf)<\/a>. This came as the company\u2019s revenues fell 36% to USD 115.83 mn, compared to USD 180.53 mn in FY2020.<\/p>\n<p><strong>Arab Dairy saw its net losses widen to EGP 53.05<\/strong><strong> mn in FY2021<\/strong>, compared to EGP 46.74 mn during the same period last year, according to the company\u2019s <a href=\"https:\/\/ent.news\/2022\/3\/Arab-Dairy-4Q2021-Financials.pdf\">quarterly financials (pdf)<\/a>. The company\u2019s revenues fell 3.5% y-o-y to EGP 1.23 bn.<\/p>\n<hr class=\"grey-line\">\n<p><strong>MARKET ROUNDUP- <\/strong><\/p>\n<p><strong>The EGX30 rose 1.3% at today\u2019s close<\/strong> on turnover of EGP 2.0 bn (52.5% above the 90-day average). Foreign investors were net sellers. The index is down 2.4% YTD.<\/p>\n<p><strong>In the green: <\/strong>Fawry (+5.4%), ADIB Egypt (+4.5%) and CIB (+3.1%).<\/p>\n<p><strong>In the red: <\/strong>Orascom Development Egypt (-7.5%), CIRA (-4.2%) and GB Auto (-3.1%).<\/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\/arab-dairy\/\">Arab Dairy<\/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\/maridive\/\">Maridive<\/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=\"545349\" 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=\"545349\">\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\">Founder of the Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/22\/meet-our-founder-of-the-week-mumerz-and-rahet-ballys-nadia-gamal-el-din\/\">\r\n                            Meet our founder of the week: Mumerz and Rahet Bally\u2019s Nadia Gamal El Din                        <\/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\/03\/22\/meet-our-founder-of-the-week-mumerz-and-rahet-ballys-nadia-gamal-el-din\/\" 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\/03\/22\/meet-our-founder-of-the-week-mumerz-and-rahet-ballys-nadia-gamal-el-din\/')\">\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\/03\/22\/meet-our-founder-of-the-week-mumerz-and-rahet-ballys-nadia-gamal-el-din\/\">\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=Meet our founder of the week: Mumerz and Rahet Bally\u2019s Nadia Gamal El Din&url=https:\/\/enterpriseam.com\/egypt\/2022\/03\/22\/meet-our-founder-of-the-week-mumerz-and-rahet-ballys-nadia-gamal-el-din\/\">\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\/03\/22\/meet-our-founder-of-the-week-mumerz-and-rahet-ballys-nadia-gamal-el-din\/&title=Meet our founder of the week: Mumerz and Rahet Bally\u2019s Nadia Gamal El Din\">\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=Meet+our+founder+of+the+week%3A+Mumerz+and+Rahet+Bally%E2%80%99s+Nadia+Gamal+El+Din+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F03%2F22%2Fmeet-our-founder-of-the-week-mumerz-and-rahet-ballys-nadia-gamal-el-din%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\/03\/22\/meet-our-founder-of-the-week-mumerz-and-rahet-ballys-nadia-gamal-el-din\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/542.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"545350\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/22\/meet-our-founder-of-the-week-mumerz-and-rahet-ballys-nadia-gamal-el-din\/542-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/542.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"542.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/542.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/542.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-545349\" class=\"content-area-description single-story post-545349 post type-post status-publish format-standard has-post-thumbnail hentry category-founder-of-the-week tag-enterprisepm tag-founder tag-founder-of-the-week tag-mumerz tag-nadia-gamal-el-din tag-rahet-bally tag-startup-watch tag-startups wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-03\" class=\"content-anchor\"><\/a> <strong>OUR FOUNDER OF THE WEEK-<\/strong> Nadia Gamal El Din, founder and CEO of Rahet Bally and Mumerz (<a href=\"https:\/\/www.linkedin.com\/in\/nadia-gamal-el-din-0291a0161\">LinkedIn<\/a>).<\/p>\n<p><strong>My name is Nadia Gamal El Din, and I\u2019m the founder and CEO of Mumerz and Rahet Bally.<\/strong> I studied finance at the American University in Cairo, after which I started my professional career as an assistant brand manager at Procter & Gamble.<\/p>\n<p><strong>When I became a mother at the age of 24, I realized there was a huge market gap when it comes to supporting new moms.<\/strong> I used to be a workaholic who thought that motherhood was going to be easy [laughs]. The day I gave birth I found out how wrong I was; becoming a new mom can be really scary.<\/p>\n<p><strong>Rahet Bally was born in 2015, not long after my son.<\/strong> I discovered that there wasn't a single tailored support system for new moms in Egypt. This was when I realized that this gap needs to be addressed, and that\u2019s when Rahet Bally came to life. I started off by creating a Facebook page and asked all the doctors that came to mind to help Egyptian moms by answering their questions at no charge. Surprisingly, these busy doctors were all on board and were as enthused as I was.<\/p>\n<p><strong>As of 2022, approximately 4 mn Egyptian moms are connected to Rahet Bally\u2019s services<\/strong>, which now encompass financial, physical, intellectual, and social support for Egyptian moms. We launched the Rahet Bally price reduction card to help offset the costs of essential baby items, as well as pre- and post-partum fitness and nutrition programs at several facilities in Cairo.<\/p>\n<p><strong>One of our focuses at Rahet Bally is community-building:<\/strong> We launched Rahet Bally\u2019s \u201cThe Cloud\u201d to connect mothers with one another. It\u2019s like a hotel for moms, where mothers can rest in napping pods, conduct business in work pods, attend workshops, socialize, and join book clubs while vetted babysitters care for their children. I see moms start crying when they come in because they genuinely feel supported. To provide credible content for women, we also launched <a href=\"https:\/\/momsmag.rahetbally.com\/en\/magazine\/\">Moms Mag<\/a>, the first comprehensive content platform delving into all things related to motherhood in Egypt.<\/p>\n<p><strong>We were already super diversified at Rahet Bally, so I co-founded Mumerz as an independent startup to address a different problem:<\/strong> To give moms an all-inclusive online shopping platform. Along with my co-founder <a href=\"https:\/\/www.linkedin.com\/in\/amirdemian\">Amir Demian<\/a>, we created an e-commerce platform that has a wide range of products, the best prices in the market, swift delivery services, and a qualified advisory team made up of moms to advise our customers on the products that best fit their needs.<\/p>\n<p><strong>Rahet Bally started as a bootstrapped business with a single angel investor<\/strong>, and given our success and exponential growth rate, I would prefer to remain self-sufficient for the time being and will not be raising capital right now. For Mumerz, we <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8c727d9e-3277-4020-9b04-4e09c9f041f4\">recently raised USD 1.2 mn<\/a> in a pre-seed round led by Disruptech and a mix of angel investors, and we will be raising funds in another financing round this year.<\/p>\n<p><strong>As an impact-driven entrepreneur, I was initially against taking the VC route for Rahet Bally. <\/strong>I was always wary about the possibility of investors affecting my decisions. I couldn\u2019t imagine how they would commercialize what my business is doing. However, with our plans to expand into Saudi Arabia and North Africa next year, I will definitely have to consider that route.<\/p>\n<p><strong>Focusing on my entrepreneurial journey meant I had to give up my social life.<\/strong> I love my friends, but I never have the time to go out with them. I give half of my time to my work and the other half to my son and my family.<\/p>\n<p><strong>The best part of my job is seeing the impact of our work<\/strong> and hearing how we\u2019ve changed the lives of moms for the better. The amount of prayers, hugs and love we receive is honestly overwhelming, and it means the world to me.<\/p>\n<p><strong>The worst part of the job is the stress of having to work with hundreds of people on a daily basis<\/strong>, which can be hectic to say the least. I have to handle tens of brands, multinationals, and agencies everyday because the workload for our B2B arm is very intensive. I also get a lot of calls from moms. If anyone reaches out to me, I always feel compelled to help them. I know I should be delegating cases, but I don\u2019t [laughs].<\/p>\n<p><strong>The last great thing I read was <\/strong><strong><a href=\"https:\/\/www.goodreads.com\/en\/book\/show\/53479927-the-practice\">The Practice<\/a><\/strong><strong> by Seth Godin.<\/strong> The book brilliantly describes how focusing on the process, instead of the outcome, can increase your chances of changing the world. This is exactly what I do at Rahet Bally. When you focus entirely on outcomes, you will inevitably become frustrated, because things never go as planned. The book spoke to me because it validates what I am doing; it\u2019s all about practicing the same thing every day and being confident that results will follow.<\/p>\n<p><strong>A startup that I think is inspirational is <\/strong><strong><a href=\"https:\/\/www.breadfast.com\/\">Breadfast<\/a><\/strong><strong>.<\/strong> I love the team behind the company, their value proposition, and their customer experience. I love everything about them.<\/p>\n<p><strong>My advice for any would-be founder is to never stop believing in your vision.<\/strong> Whenever things get tough, remember why you started in the first place. The journey of a startup founder is not an easy one. Remembering your goal is what will help you overcome the many challenges that come with the job. Don\u2019t worry though, would-be entrepreneurs. The founder journey is not a lonely one, if you truly believe in the problem your business is solving. My businesses are truly fulfilling, and without them I would definitely be lonely.<\/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\/founder\/\">founder<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/founder-of-the-week\/\">FOUNDER OF THE WEEK<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mumerz\/\">Mumerz<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nadia-gamal-el-din\/\">Nadia Gamal El Din<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/rahet-bally\/\">Rahet Bally<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startup-watch\/\">Startup watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startups\/\">startups<\/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=\"545351\" 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\/03\/22\/545351\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-545351\" class=\"content-area-description single-story post-545351 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: 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>15 February-15 June (Tuesday-Wednesday): ITIDA\u2019s Technology Innovation and Entrepreneurship Center is organizing the first <a href=\"https:\/\/ent.news\/2022\/3\/ITIDA-Launches-the-First-Metaverse-Hackathon-in-Creativa-Innovation-Hubs-and-Electronics-Labs-across-Egypt.pdf\">Metaverse Hackathon<\/a>.<\/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: Contracts for last two phases of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e2356273-f17c-4a5b-a987-663aab9a2e29\">Egypt\u2019s USD 4.5 bn high-speed rail line<\/a> to be signed.<\/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 &ndash; new administrative capital &ndash; 10th of Ramadan Light Rail Train (LRT) line <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/327078179462609\">will start operating<\/a>.<\/p>\n<p>March: The new multi-purpose station at <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b705927d-ff68-4720-8bae-3b3dfde3705d\">Dekheila Port and the revamped Ain Sokhna Port<\/a> will start operating.<\/p>\n<p>March: General Authority for Land and Dry Ports <a href=\"https:\/\/bit.ly\/3IbQQKI\">to issue the condition booklets<\/a> for the operations of the Tenth of Ramadan dry port.<\/p>\n<p>Mid-March: Bidding for the construction of Anchorage Investments\u2019 petrochemical complex in the Suez Canal Economic Zone starts.<\/p>\n<p>14 March-30 June: The \u201cEscape to Egypt\u201d exhibition at the <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02TyfzyKQdaqZmXvT1e3FuyPe3vSpn55zshBzfPbVExM3BR7KTZ3Geb6QVSsHa2S5Nl\">Coptic Museum<\/a>, in celebration of its 112th anniversary.<\/p>\n<p>20-22 March: International Maritime and Logistics conference <a href=\"https:\/\/marlog.aast.edu\/en\/home\">Marlog<\/a> kicks off.<\/p>\n<p>22 March (Tuesday): Egyptian German Green Energy Forum, 5:30-9:30pm CLT, InterContinental Cairo Semiramis.<\/p>\n<p>24 March (Thursday): GB Auto Extraordinary General Assembly (<a href=\"https:\/\/ent.news\/2022\/3\/GBAuto-06-03-2022.pdf\">pdf<\/a>).<\/p>\n<p>24 March-1 April: Ahlan Ramadan Supermarket Expo, Cairo International Convention Center.<\/p>\n<p>25 March (Friday): Egypt will host Senegal in the first leg of their 2022 FIFA World Cup qualifiers&#39; 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&#39; playoff between Egypt and Senegal (TBC).<\/p>\n<p>28 March (Monday): The court hearing for a case brought by Arabia Investments Holding (AIH) against Peugeot <a href=\"https:\/\/ent.news\/2022\/3\/AIH-lawsuit-Peugeot.pdf\">has been postponed<\/a> until 28 March.<\/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>April: Ghazl El Mahalla shares will begin trading on the EGX.<\/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 Meetings<\/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>5-7 June (Sunday-Tuesday): <a href=\"https:\/\/www.africahealthexcon.com\/\">Africa Health ExCon<\/a>, Al Manara International Conference Center, Egypt International Exhibitions Center, and the St. Regis Almasa Hotel, New Administrative Capital.<\/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>3Q2022: Ayady\u2019s consumer financing arm, The Egyptian Company for Consumer Finance Services, to release first financing product.<\/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>Early July: <a href=\"https:\/\/dailynewsegypt.com\/2022\/03\/21\/polands-president-will-visit-egypt-soon-to-consolidate-relations-between-two-countries-polish-ambassador\/\">Polish President to visit Egypt<\/a>.<\/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>August: Work to extend the capacity of the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3a67dcca-de16-4313-b330-60fc1a21e6db\">Egypt-Sudan electricity interconnection<\/a> to 300 MW to be completed.<\/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>4-6 November: The <a href=\"https:\/\/www.autotechegypt.com\/en\/home.html\">Autotech<\/a> auto exhibition kicks off at the Cairo International Exhibition and Convention Center.<\/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\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":545341,"template":"","categories":[],"tags":[],"class_list":["post-545340","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"cccab6da-d2d0-4dee-96b8-219fe2047884","teaser":"","photo_url":"https:\/\/ent.news\/2022\/3\/537.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>Surprise: Our air quality is not great - 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\/surprise-our-air-quality-is-not-great\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Surprise: Our air quality is not great\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/surprise-our-air-quality-is-not-great\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T21:01:38+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/537.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\/surprise-our-air-quality-is-not-great\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/surprise-our-air-quality-is-not-great\/\",\"name\":\"Surprise: Our air quality is not great - 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