{"id":545415,"date":"2022-03-28T13:38:22","date_gmt":"2022-03-28T13:38:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=545415"},"modified":"2025-12-15T21:03:19","modified_gmt":"2025-12-15T21:03:19","slug":"its-shaping-up-to-be-a-diplomacy-heavy-week","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-shaping-up-to-be-a-diplomacy-heavy-week\/","title":{"rendered":"It\u2019s shaping up to be a diplomacy-heavy week"},"content":{"rendered":"<section id=\"545417\" 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=\"545417\">\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\/28\/this-evening-altibbi-lands-usd-44-mn-series-b-investment-shoukry-to-meet-with-greek-fm-nikos-dendias-in-cairo-today-russia-ukraine-peace-talks-continue\/\">\r\n                            THIS EVENING: Altibbi lands USD 44 mn series B investment + Shoukry to meet with Greek FM Nikos Dendias in Cairo today + Russia-Ukraine peace talks continue                        <\/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\/28\/this-evening-altibbi-lands-usd-44-mn-series-b-investment-shoukry-to-meet-with-greek-fm-nikos-dendias-in-cairo-today-russia-ukraine-peace-talks-continue\/\" 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\/28\/this-evening-altibbi-lands-usd-44-mn-series-b-investment-shoukry-to-meet-with-greek-fm-nikos-dendias-in-cairo-today-russia-ukraine-peace-talks-continue\/')\">\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\/28\/this-evening-altibbi-lands-usd-44-mn-series-b-investment-shoukry-to-meet-with-greek-fm-nikos-dendias-in-cairo-today-russia-ukraine-peace-talks-continue\/\">\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: Altibbi lands USD 44 mn series B investment + Shoukry to meet with Greek FM Nikos Dendias in Cairo today + Russia-Ukraine peace talks continue&url=https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/this-evening-altibbi-lands-usd-44-mn-series-b-investment-shoukry-to-meet-with-greek-fm-nikos-dendias-in-cairo-today-russia-ukraine-peace-talks-continue\/\">\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\/28\/this-evening-altibbi-lands-usd-44-mn-series-b-investment-shoukry-to-meet-with-greek-fm-nikos-dendias-in-cairo-today-russia-ukraine-peace-talks-continue\/&title=THIS EVENING: Altibbi lands USD 44 mn series B investment + Shoukry to meet with Greek FM Nikos Dendias in Cairo today + Russia-Ukraine peace talks continue\">\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+Altibbi+lands+USD+44+mn+series+B+investment+%2B+Shoukry+to+meet+with+Greek+FM+Nikos+Dendias+in+Cairo+today+%2B+Russia-Ukraine+peace+talks+continue+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F03%2F28%2Fthis-evening-altibbi-lands-usd-44-mn-series-b-investment-shoukry-to-meet-with-greek-fm-nikos-dendias-in-cairo-today-russia-ukraine-peace-talks-continue%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\/28\/this-evening-altibbi-lands-usd-44-mn-series-b-investment-shoukry-to-meet-with-greek-fm-nikos-dendias-in-cairo-today-russia-ukraine-peace-talks-continue\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-545417\" class=\"content-area-description single-story post-545417 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-diplomacy tag-enterprisepm tag-russia-ukraine-war tag-sameh-shoukry 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>Good afternoon, wonderful people.<\/strong> Picking up where we left off this morning, the news cycle is still giving us a bit of a breather, suggesting that the fabled Ramadan slowdown could indeed be in the cards.<\/p>\n<p><strong>THE BIG STORY TODAY<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Digital healthcare platform Altibbi has landed a USD 44 mn series B investment <\/strong>in a round led by Foundation Holdings, Hikma Ventures and others, according to a <a href=\"https:\/\/ent.news\/2022\/3\/Altibbi-Series-B-fund-raise-English-28-March.pdf\">press release<\/a><a href=\"https:\/\/ent.news\/2022\/3\/Altibbi-Series-B-fund-raise-English-28-March.pdf\">(p<\/a><a href=\"https:\/\/ent.news\/2022\/3\/Altibbi-Series-B-fund-raise-English-28-March.pdf\">df)<\/a>. The funding marks the largest single funding round for a digital health company in the Middle East. Altibbi will use the investments to grow its presence in Saudi Arabia and Egypt, \u201cand expand into online pharmacy and diagnostics to enhance AI-based health services.\u201d<\/p>\n<p><strong>HAPPENING NOW-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Greek Foreign Minister Nikos Dendias is in Cairo to meet with Foreign Minister<\/strong><strong> Sameh Shoukry<\/strong>, according to a Greek Foreign Ministry <a href=\"https:\/\/www.mfa.gr\/en\/current-affairs\/statements-speeches\/minister-of-foreign-affairs-nikos-dendias-to-visit-egypt-cairo-28032022.html\">statement<\/a>. The talks will cover deepening bilateral cooperation, matters pertaining to international law and maritime law, as well as developments in Ukraine, the Eastern Mediterranean, the Middle East, Libya, and sub-Saharan Africa.<\/p>\n<p><strong>The two sides are expected to have a joint press conference at around 6:30pm. <\/strong><\/p>\n<p><strong>Shoukry\u2019s meeting with Dendias comes as he heads home from the landmark Middle East Summit in Israel<\/strong>, where Shoukry <a href=\"https:\/\/twitter.com\/MfaEgypt\/status\/1508399193538416652?s=20&t=CIpVyeeWXF_cp9OmRozpPQ\">met with<\/a> US Secretary of State Antony Blinken and the top diplomats from the UAE, Morocco, and Bahrain.<\/p>\n<p><strong>At the top of the agenda was the Iran nuclear agreement<\/strong>, which the Arab countries are concerned could leave Iran \u201cwith the means to build a bomb and bolster Tehran-backed guerrillas,\u201d reports <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/blinken-joins-rare-israel-arab-summit-iran-deal-looms-2022-03-28\/\">Reuters<\/a>. The US is pushing to renew a previous 2015 agreement with Iran, but in the case of that failing, US Secretary of State Antony Blinken offered reassurances to the Arab countries.<\/p>\n<p><strong>Also on the agenda: The Israel-Palestine conflict: <\/strong>The summit renewed long-stalled peacemaking talks about the issue, with all sides backing the two-state solution.<\/p>\n<p><strong>^^We\u2019ll have more<\/strong> on these stories and others in tomorrow\u2019s <strong>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>EIB supports 4G expansion with EUR 150 mn loan to TE:<\/strong> Telecom Egypt <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7a6b8955-818e-44ec-9043-9d9089f74f4f\">has secured<\/a> a EUR 150 mn medium-term loan from the European Investment Bank to expand its 4G broadband network.<\/li>\n<li><strong>Covid restrictions are being eased during Ramadan: <\/strong>Shops, restaurants and cafes <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/babd3ccc-7785-4a5f-93ee-621bb84aebfe\">will be allowed to stay open<\/a> until 2 am, mawa\u2019id rahman (charity table) gatherings are back, and event halls at major mosques will reopen.<\/li>\n<li><strong>High-speed rail: Coming June 2024.<\/strong> The first phase of the high-speed electric railway \u2014 connecting Ain Sokhna to Matrouh \u2014 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8d59bb6a-b1fa-481e-8fda-6347ecb8587b\">will start operating<\/a> in June 2024, Transport Ministry Kamel El Wazir said.<\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><strong>Ukrainian and Russian delegations are arriving in Istanbul for yet another round<\/strong><strong> of talks<\/strong>, which the Kremlin says could start tomorrow and are expected to span three days, the <a href=\"https:\/\/www.ft.com\/content\/46d8de37-5969-4d61-a168-d68085dab224\">Financial Times<\/a> reports. NATO member Turkey will act as an intermediary during the talks, the <a href=\"https:\/\/www.washingtonpost.com\/world\/2022\/03\/28\/russia-ukraine-war-news-putin-live-updates\/\">Washington Post<\/a> writes, days after President Recep Tayyip Erdogan stressed the need for a cease-fire in a phone call with Russian President Vladimir Putin. The talks come after Ukrainian President Volodymyr Zelensky yesterday <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/45c945ff-ee16-4346-a72f-bfbebf939b85\">signaled<\/a> his willingness to declare neutrality and potentially give up sovereignty over some parts of the country.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>PSA #1: Companies have a little less than two weeks to file their first quarterly ESG<\/strong><strong> compliance report:<\/strong> Listed firms and non-bank financial services companies need to submit their first quarterly ESG report by 10 April, the FRA has <a href=\"https:\/\/ent.news\/2022\/3\/FRA-ESG-reporting-deadline-10-April-2022.pdf\">said (pdf)<\/a>. The regulator is making it mandatory for corporates to publicly disclose their performance on key environmental, social and governance (ESG) metrics each year when they submit their annual financial statements, starting 2023.<\/p>\n<p><strong>Then why does the FRA need ESG reports this April? <\/strong>Companies are required to make quarterly updates throughout 2022 to get feedback from the FRA on the steps they\u2019re taking, before making the official submission at the end of the current financial year.<\/p>\n<p><strong>Check out our Going Green series<\/strong>, where we outlined the new rules around ESG reporting: <a href=\"https:\/\/enterprise.press\/greeneconomys\/esg-reporting-is-coming-to-egypt-in-2022\/\">Part I<\/a> | <a href=\"https:\/\/enterprise.press\/greeneconomys\/esg-reporting-is-coming-to-egypt-in-2022-part-ii\/\">Part II<\/a>.<\/p>\n<p>(<strong>** NEED HELP GETTING READY? ** Our parent company can help.<\/strong> <a href=\"https:\/\/inktankir.com\/\">Inktank<\/a> is Egypt\u2019s leading investor relations, ESG and corporate reporting firm. Reach out to Moustafa Taalab on <a href=\"mailto:fsherif@inktankir.com\">mtaalab@inktankir.com<\/a> if you\u2019d like to get the conversation started.)<\/p>\n<p><strong>PSA <\/strong><strong>#2<\/strong><strong>- All individual taxpayers have until this Thursday, 31 March, to submit their 2021 tax <\/strong><strong>returns<\/strong> to the Tax Authority. The deadline for companies with January-December fiscal years is 30 April.<\/p>\n<p><strong>PSA #3- Banks are moving to customary shortened Ramadan hours as of next week:<\/strong> The nation\u2019s banks will open at 9:30am and close at 1:30pm during Ramadan, which begins next Saturday, the Central Bank of Egypt <a href=\"https:\/\/ent.news\/2022\/3\/CBE-Ramadan-Timings-.pdf\">announced (pdf)<\/a>. Employees will begin their workdays 30 minutes before doors open to the public and wrap up 30 minutes after branches close.<\/p>\n<hr class=\"grey-line\">\n<p><strong>Afreximbank and the Angolan Embassy in Egypt are <\/strong><strong><a href=\"https:\/\/ent.news\/2022\/3\/AFX_-ANGOLA-EGYPT-Invite.pdf\">hosting (pdf)<\/a><\/strong><strong> an Angola-Egypt <\/strong><strong>investment roundtable<\/strong> on Wednesday at the Hilton Cairo Heliopolis Hotel. Click <a href=\"https:\/\/forms.office.com\/pages\/responsepage.aspx?id=jP2RvIp_-UK9rx1vSY7WPYCr5M5MlyxAtgw3oLu0nZpUNFhWUFFNWERURlZTUDIyOVVHT0JPNThGWS4u\">here<\/a> to RSVP and join the discussion.<\/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- Sunny days ahead:<\/strong> Spend some time on a balcony these coming afternoons to catch some much-needed sunlight. Expect daytime highs of 28\u00b0C while the mercury will fall to lows of 11\u00b0C tomorrow and 14\u00b0C on Wednesday, our favorite weather app tells us.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia-ukraine-war\/\">Russia-Ukraine war<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sameh-shoukry\/\">Sameh Shoukry<\/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=\"545418\" 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 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                   <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\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" 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   \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\/28\/renewable-energy-projects-get-weighed-down-by-russia-ukraine-war-europe-scrambled-to-secure-lng-ships\/\">\r\n                            Renewable energy projects get weighed down by Russia-Ukraine war + Europe scrambled to secure LNG ships                        <\/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 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/579.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"579.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/579.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/579.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-545419\" class=\"content-area-description single-story post-545419 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-china tag-energy tag-enterprisepm tag-for-your-commute tag-green-economy tag-renewable-energy tag-russia tag-science wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Soaring global inflation on the back of the Russia-Ukraine war is weighing down<\/strong><strong> on renewable energy projects.<\/strong> More expensive raw materials (particularly aluminum and steel), coupled with rising transport costs (thanks to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f5868273-6caf-4911-9515-c2f26cf51a1b\">the jump in oil prices<\/a>), have forced renewables players to grapple with more delays and hike the prices of their long-term contracts, the <a href=\"https:\/\/www.wsj.com\/articles\/ukraine-war-drives-up-cost-of-wind-solar-power-11648373401?mod=hp_lead_pos2\">Wall Street Journal<\/a> writes. Some companies, such as French utility and renewables developer <a href=\"https:\/\/www.engie.com\/en\">Engie<\/a> SA, are signing customer contracts closer to projects\u2019 start dates so they align better with cost inflation. These soaring costs for renewables \u2014 dubbed \u201cgreenflation\u201d \u2014 were already weighing on the sector before the war broke out, as the pandemic roiled supply chains and had begun pushing up raw material costs.<\/p>\n<p><strong>The war has also hindered studies of climate change in the Arctic<\/strong>, as many Western scientists and scientific organizations jumped on the sanctions bandwagon and cut ties with Russian institutions, calling off expeditions in the country or in its waters, the <a href=\"https:\/\/www.wsj.com\/articles\/russias-war-on-ukraine-upends-arctic-climate-change-research-11648299602\">Wall Street Journal<\/a> wrote. \u201cThe Russian territorial waters and Russian coastline comprise a huge part of the region. We really need to know the full Arctic,\u201d atmospheric scientist Matthew Shupe said.<\/p>\n<p><strong>What\u2019s hindering the EU\u2019s search for alternative oil? Logistics. <\/strong>Europe landing an alternative to Russian oil largely depends on its ability to secure specialized ships for LNG imports, the <a href=\"https:\/\/www.ft.com\/content\/bc5f79a6-729e-47ff-bf46-cb23c460fa6f\">Financial Times<\/a> reports. The continent is working to secure floating storage and regasification units (FSRUs) \u2014 a crucial component for the transfer of LNG through bodies of water \u2014 in efforts to amp up its imports of LNG to cut its Russian oil imports by two-thirds. While Europe aims to boost its LNG imports by 50 bn cubic meters (bcm) a year, analysts are wary of the continent\u2019s infrastructure, which can convert up to 170 bcm into gas, with most spare capacity located on the Iberian peninsula, which doesn't have the pipelines required to move supplies north. Europe is already facing a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b3461e44-0a84-4978-8acb-4c6f19508729\">\u201csystemic\u201d shortage<\/a> of diesel due to sanctions on Russia that could force governments to ration fuel.<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Microplastics have been detected in human blood for the first time<\/strong>, with scientists finding that the particles can travel around the body and get lodged in organs, reports <a href=\"https:\/\/www.theguardian.com\/environment\/2022\/mar\/24\/microplastics-found-in-human-blood-for-first-time\">the Guardian<\/a>. The study analyzed blood samples from 22 healthy adults and found microplastics in nearly 80% of the donors, which are predicted to come from food and water. The impact on overall health has not yet been studied, but microplastics are known to cause damage to human cells in lab settings. More research still needs to be done with a larger sample size to answer questions that remain, including whether microplastics typically end up in specific organs, \u201csuch as getting past the blood-brain barrier?\u201d the study\u2019s leader and ecotoxicologist at Vrije Universiteit Amsterdam, Dick Vethaak, told The Guardian. A widened study would also look to determine the threshold of microplastic presence in the body that would trigger disease.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/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\/renewable-energy\/\">renewable energy<\/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\/science\/\">science<\/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=\"545421\" 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=\"545421\">\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\/28\/coda-takes-home-best-picture-dune-gets-plethora-of-awards-will-smith-slaps-chris-rock-oscars-2022\/\">\r\n                            CODA takes home best picture, Dune gets plethora of awards, Will Smith slaps Chris Rock: Oscars 2022                        <\/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\/28\/coda-takes-home-best-picture-dune-gets-plethora-of-awards-will-smith-slaps-chris-rock-oscars-2022\/\" 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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However, when she joins the school choir, she realizes that she has a penchant for singing. The lead actress, Emilia Jones, <a href=\"https:\/\/www.dailymail.co.uk\/tvshowbiz\/article-10435603\/Aled-Jones-daughter-Emilia-discusses-learning-sign-language-nine-months-new-film-CODA.html#:~:text='It%2520was%2520so%2520rewarding'%253A,community%2520in%2520new%2520film%2520CODA%26text%3DAled%2520Jones'%2520actress%2520daughter%2520Emilia,critically%252Dacclaimed%2520film%252C%2520CODA.\">learned sign language<\/a> for nine months to be able to communicate with her fellow actors on set.<\/p>\n<p><strong>Other prizes for CODA: <\/strong>Director <strong>Sian Heder <\/strong>was given the trophy for <strong>Best Adapted Screenplay<\/strong>. <strong>Best Actor in a Supporting Role<\/strong> also went to <strong>Troy <\/strong><strong>Kotsur<\/strong> for his role in the film, making him the first hard of hearing male actor to snag this award.<\/p>\n<p><strong>This is the first time that a film by a streamer took home the prestigious award.<\/strong> CODA is an original Apple TV+ movie and beat Netflix\u2019s Power of the Dog for the prize.<\/p>\n<p><strong>Unsurprisingly, <\/strong><strong><a href=\"https:\/\/www.imdb.com\/title\/tt1160419\/\">Dune<\/a><\/strong><strong> was handed a plethora of awards:<\/strong> The film was celebrated for having the Best Visual Effects, Best Cinematography, Best Production Design, Best Film Editing, Best Sound, and Best Original Score (<a href=\"https:\/\/www.youtube.com\/watch?v=uTmBeR32GRA\">thank you Hans Zimmer<\/a>). Zimmer actually skipped the Oscars and instead <a href=\"https:\/\/www.facebook.com\/100044293396354\/posts\/509780333841742\/?d=n\">celebrated at a hotel bar<\/a> with his daughter at 2am \u2014 the accompanying picture features Zimmer in his robe while an award is delicately placed in the pocket.<\/p>\n<p><strong>Meanwhile, Will Smith was named best actor for his performance in <\/strong><strong><a href=\"https:\/\/www.imdb.com\/title\/tt9620288\/\">King Richard<\/a><\/strong> but the feat was overshadowed by a slap he delivered to presenter Chris Rock. Smith made his way on stage and slapped Rock after he joked about Jada Pinkett Smith\u2019s hair, which she keeps short due to having alopecia. Rock has <a href=\"https:\/\/variety.com\/2022\/film\/news\/chris-rock-police-report-will-smith-slap-oscars-1235216542\/\">decided against<\/a> pressing charges. You can watch both King Richard and Dune on HBO Max or OSN.<\/p>\n<ul>\n<li><strong>Best Actress in a Leading Role<\/strong> went to <strong>Jessica Chastain<\/strong> for The Eyes of Tammy Faye. The film also received the award for Best Makeup and Hairstyling.<\/li>\n<li><strong>Jane Campion<\/strong> was named <strong>Best Director <\/strong>for her work on The Power of the Dog.<\/li>\n<li><strong>Best Original Song<\/strong> went to <strong>No Time to Die<\/strong> by Billie Eilish and Finneas O'Connell.<\/li>\n<li><strong>Summer of Soul<\/strong> was awarded the <strong>Best Documentary<\/strong> prize.<\/li>\n<li><strong>Best Original Screenplay<\/strong> was given to <strong>Belfast <\/strong>(Kenneth Branagh).<\/li>\n<li><strong>Best Costume Design <\/strong>was handed to <strong>Jenny Beavan<\/strong> for her (stellar) work in Cruella.<\/li>\n<li>Japan\u2019s <strong>Drive My Car <\/strong>was named <strong>Best International Feature Film. <\/strong><\/li>\n<li><strong>Encanto<\/strong> was given the title of <strong>Best Animated Feature Film. <\/strong><\/li>\n<li>The title of <strong>Best Actress in a Supporting Role<\/strong> went to <strong>Ariana DeBose<\/strong> for her role in West Side Story.<\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p>\u26bd<strong> Tomorrow is the big day:<\/strong> The return match between Egypt and Senegal will start at 7pm as part of the final stage of the African qualifiers for the World Cup. The Pharaohs came out on top with a solo goal in the first leg at Cairo Stadium on Friday, giving us a one-goal advantage in the road to Qatar.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><\/p>\n<p>(all times CLT)<\/p>\n<p><strong>Captains of Zaatari \u2014<\/strong><strong> named Best Arab Documentary Film at El Gouna Festival and<\/strong><strong> second-best film in Sundance <\/strong>\u2014 is <a href=\"https:\/\/instagram.com\/captainsofzaatarifilm?utm_medium=copy_link\">currently being screened<\/a> at three Egyptian cinemas until 30 March. Created by Egyptian director Ali El Arabi, the film follows the two young boys living in the Zaatari Refugee Camp in Jordan over the span of eight years. Best friends Mahmoud and Fawzi are committed to making it big as professional soccer players despite the background from which they come. They train everyday without fail, even though the camp has no equipment or training facilities. One day, a world-renowned sports academy visits the camp and the two boys have the chance of finally making it to their dream. You can watch Captains of Zaatari at Cairo Festival City Cinema at 6pm, Zamalek Cinema at 6pm, or Vox Mall of Egypt Cinema which has screenings throughout the day.<\/p>\n<p><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/searching-for-zerzura-group-ex\/361300129226663\/\">Searching<\/a><\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/searching-for-zerzura-group-ex\/361300129226663\/\">for Zerzura<\/a><\/strong><strong> group exhibition is ongoing at Bibliothek Egypt<\/strong>, featuring works of art created in the 2022 winter academy workshops organized by the Fayoum Art Center.<\/p>\n<p><strong>The Cairo Opera Company is performing <\/strong><strong><a href=\"https:\/\/www.metopera.org\/discover\/synopses\/la-boheme\/\">Opera La Boh\u00e8me<\/a><\/strong><strong> starting today<\/strong> until 31 March at the Cairo Opera House in collaboration with the Italian Cultural Institute in Cairo. You can get tickets <a href=\"https:\/\/ticketsmall.com\/events\/0bc322166ef24ee4974c2bd8956bfa13?accNo=MSxZE1gHD0dKitmTMhLsqw%3D%3D\">here<\/a>.<\/p>\n<p><strong>Consoleya is hosting a creative meet-up titled <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/consoleya-creative-meet-up-wom\/494791298658071\/\">Women of Art<\/a><\/strong><strong> in collaboration with <\/strong><strong><a href=\"https:\/\/www.facebook.com\/JidarWallArt\/\">Jidar<\/a><\/strong>, featuring talks from a number of women in the local art space. The meet-up will see solo talks given by <a href=\"https:\/\/www.linkedin.com\/in\/dinaaamin\/\">Dina Amin<\/a> (motion artist and founder of Tinker Studio) as well as <a href=\"https:\/\/deenadraws.art\/en\/home\">Deena Mohamed<\/a> (designer, illustrator, and writer). A panel will also be held featuring <a href=\"https:\/\/www.instagram.com\/menatallahamdy\/?hl=en\">Menna Hamdy<\/a>, <a href=\"https:\/\/www.instagram.com\/basma_hosam\/?hl=en\">Basma Hosam<\/a>, <a href=\"https:\/\/www.linkedin.com\/in\/yaraelwahy?originalSubdomain=eg\">Yara Hesham<\/a>, and <a href=\"https:\/\/www.instagram.com\/zadajr\/?hl=en\">Farahzada<\/a>while being moderated by fellow female artist <a href=\"https:\/\/www.instagram.com\/gimouni_\/?hl=en\">Gehan Mounir<\/a>.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>How leaders can mitigate employees\u2019 feelings of isolation and instead spur their<\/strong><strong> productivity: <\/strong>The shift to WFH during the pandemic led many employees to feel lonely and isolated from their colleagues \u2014 but even teams who do see each every day have also reported feeling lonely. Ryan Jenkins and Steven Van Cohen, who penned <a href=\"https:\/\/www.amazon.com\/Connectable-Leaders-Move-Teams-Isolated\/dp\/1264277504\">Connectable<\/a>, have spent a decade helping companies reduce employee isolation, which leads to real and growing mental health problems for the workers as well as the organization. They provide tips such as building psychological safety within a team, creating environments of belonging and inclusion, and cultivating meaningful connections across team members while also outlining their four-step Less Loneliness Framework. The book provides the perfect balance of science, statistics, stories, and strategies to teach business leaders how to create a healthier and more productive workspace.<\/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\/academy-awards\/\">Academy Awards<\/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=\"545423\" 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=\"545423\">\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\/28\/cib-to-distribute-dividends-to-shareholders-next-thursday\/\">\r\n                            CIB to distribute dividends to shareholders next Thursday                        <\/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\/28\/cib-to-distribute-dividends-to-shareholders-next-thursday\/\" 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\/28\/cib-to-distribute-dividends-to-shareholders-next-thursday\/')\">\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\/28\/cib-to-distribute-dividends-to-shareholders-next-thursday\/\">\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=CIB to distribute dividends to shareholders next Thursday&url=https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/cib-to-distribute-dividends-to-shareholders-next-thursday\/\">\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\/28\/cib-to-distribute-dividends-to-shareholders-next-thursday\/&title=CIB to distribute dividends to shareholders next Thursday\">\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=CIB+to+distribute+dividends+to+shareholders+next+Thursday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F03%2F28%2Fcib-to-distribute-dividends-to-shareholders-next-thursday%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\/28\/cib-to-distribute-dividends-to-shareholders-next-thursday\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-545423\" class=\"content-area-description single-story post-545423 post type-post status-publish format-standard hentry category-go-with-the-flow tag-cib tag-egx tag-enterprisepm tag-go-with-the-flow wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>MARKET NEWS-<\/strong><\/p>\n<p><strong>CIB will <\/strong><strong>distribute <\/strong><strong>next Thursday dividends to its shareholders on 1.98 bn shares<\/strong><strong> at EGP 1.35 per share<\/strong>, the bank said in a <a href=\"https:\/\/ent.news\/2022\/3\/CIB-3-28-2022.pdf\">disclosure (pdf)<\/a> to the EGX today.<\/p>\n<hr class=\"grey-line\">\n<p><strong>MARKET ROUNDUP- <\/strong><\/p>\n<p><strong>The EGX30 fell 2.6% at today\u2019s close<\/strong> on turnover of EGP 1.1 bn (11.7% above the 90-day average). Local investors were net sellers. The index is down 5.9% YTD.<\/p>\n<p><strong>In the green: <\/strong>Orascom Construction (+1.0%).<\/p>\n<p><strong>In the red: <\/strong>Ezz Steel (-10.9%), MM Group (-7.4%) and Elsewedy Electric (-6.8%).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cib\/\">CIB<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"545424\" 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\/28\/545424\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-545424\" class=\"content-area-description single-story post-545424 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>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>30 March (Wednesday): The Angola-Egypt Investment Roundtable <a href=\"https:\/\/ent.news\/2022\/3\/AFX_-ANGOLA-EGYPT-Invite.pdf\">discussion (pdf)<\/a>, the Hilton Cairo Heliopolis Hotel.<\/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>31 March (Thursday): OPEC+ meets to review a modest oil supply rise.<\/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>10 April (Sunday): Deadline for listed companies and NBFIs to submit quarterly ESG report.<\/p>\n<p>11 April (Monday): The <a href=\"https:\/\/news.sky.com\/story\/chelsea-fc-sale-bidders-given-april-11-deadline-for-final-shootout-12576109\">deadline<\/a> to submit <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b12849b8-87fa-4c28-b047-5da12dbda770\">bids<\/a> for Chelsea FC.<\/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>21 April (Thursday): EGX-listed Taaleem <a href=\"https:\/\/ent.news\/2022\/3\/Taaleem-general-meeting-April.pdf\">will hold<\/a> an extraordinary general assembly to discuss the mechanism to build and own nonprofit and private universities.<\/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>1 May (Sunday): Suez Canal Authority raises tolls for different vessels.<\/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\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":545416,"template":"","categories":[],"tags":[],"class_list":["post-545415","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"44a8fa7f-f5c3-4898-bbec-ada6e28203d5","teaser":"","photo_url":"https:\/\/ent.news\/2022\/3\/578.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>It\u2019s shaping up to be a diplomacy-heavy 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\/its-shaping-up-to-be-a-diplomacy-heavy-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It\u2019s shaping up to be a diplomacy-heavy week\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-shaping-up-to-be-a-diplomacy-heavy-week\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T21:03:19+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\/578.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-shaping-up-to-be-a-diplomacy-heavy-week\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/its-shaping-up-to-be-a-diplomacy-heavy-week\/\",\"name\":\"It\u2019s shaping up to be a diplomacy-heavy week - 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