{"id":551282,"date":"2022-06-07T13:17:47","date_gmt":"2022-06-07T13:17:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=551282"},"modified":"2025-12-15T23:20:08","modified_gmt":"2025-12-15T23:20:08","slug":"cats-and-dogs-have-different-sales-strengths","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/cats-and-dogs-have-different-sales-strengths\/","title":{"rendered":"Cats and dogs have different sales strengths"},"content":{"rendered":"<section id=\"551284\" 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=\"551284\">\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\/06\/07\/this-evening-efg-hermes-vortex-energy-investments-in-spains-ignis-energia-total-eur-222-mn-public-placement-for-ghazl-el-mahalla-fcs-ipo-to-begin-on-sunday\/\">\r\n                            THIS EVENING: EFG Hermes\u2019 Vortex Energy investments in Spain\u2019s Ignis Energia total EUR 222 mn + Public placement for Ghazl El Mahalla FC\u2019s IPO to begin on Sunday                        <\/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\/06\/07\/this-evening-efg-hermes-vortex-energy-investments-in-spains-ignis-energia-total-eur-222-mn-public-placement-for-ghazl-el-mahalla-fcs-ipo-to-begin-on-sunday\/\" 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\/06\/07\/this-evening-efg-hermes-vortex-energy-investments-in-spains-ignis-energia-total-eur-222-mn-public-placement-for-ghazl-el-mahalla-fcs-ipo-to-begin-on-sunday\/')\">\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\/06\/07\/this-evening-efg-hermes-vortex-energy-investments-in-spains-ignis-energia-total-eur-222-mn-public-placement-for-ghazl-el-mahalla-fcs-ipo-to-begin-on-sunday\/\">\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: EFG Hermes\u2019 Vortex Energy investments in Spain\u2019s Ignis Energia total EUR 222 mn + Public placement for Ghazl El Mahalla FC\u2019s IPO to begin on Sunday&url=https:\/\/enterpriseam.com\/egypt\/2022\/06\/07\/this-evening-efg-hermes-vortex-energy-investments-in-spains-ignis-energia-total-eur-222-mn-public-placement-for-ghazl-el-mahalla-fcs-ipo-to-begin-on-sunday\/\">\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\/06\/07\/this-evening-efg-hermes-vortex-energy-investments-in-spains-ignis-energia-total-eur-222-mn-public-placement-for-ghazl-el-mahalla-fcs-ipo-to-begin-on-sunday\/&title=THIS EVENING: EFG Hermes\u2019 Vortex Energy investments in Spain\u2019s Ignis Energia total EUR 222 mn + Public placement for Ghazl El Mahalla FC\u2019s IPO to begin on Sunday\">\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+EFG+Hermes%E2%80%99+Vortex+Energy+investments+in+Spain%E2%80%99s+Ignis+Energia+total+EUR+222+mn+%2B+Public+placement+for+Ghazl+El+Mahalla+FC%E2%80%99s+IPO+to+begin+on+Sunday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F06%2F07%2Fthis-evening-efg-hermes-vortex-energy-investments-in-spains-ignis-energia-total-eur-222-mn-public-placement-for-ghazl-el-mahalla-fcs-ipo-to-begin-on-sunday%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\/06\/07\/this-evening-efg-hermes-vortex-energy-investments-in-spains-ignis-energia-total-eur-222-mn-public-placement-for-ghazl-el-mahalla-fcs-ipo-to-begin-on-sunday\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551284\" class=\"content-area-description single-story post-551284 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-efg-hermes tag-enterprisepm tag-ghazl-el-mahalla tag-russia tag-ukraine tag-vortex-energy tag-what-were-tracking-tonight tag-wheat wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s a semi-news dump day type of hump day, ladies and gentlemen<\/strong>, with just enough going on to propel us through the midweek slump.<\/p>\n<p><strong>THE BIG STORY TODAY<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>EFG Hermes\u2019 energy investment platform Vortex Energy has invested EUR<\/strong><strong> 222 mn to date into Spanish solar developer Ignis Energia<\/strong>, fulfilling the terms of its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/65a8fe4f-1dec-49a2-b755-187b7dec50cc\">agreement<\/a> with the renewables player, EFG Hermes said in a <a href=\"https:\/\/ent.news\/2022\/6\/Vortex-Energy-Ignis-June-7-2022-English.pdf\">press release (pdf)<\/a>. Vortex plans to double its investments in Ignis by 2023, with a c. EUR 46 mn investment planned for 4Q 2022, and another EUR 176 mn investment in 1Q 2023 \u2014 bringing total investments in the firm to EUR 444 mn. Earlier unconfirmed reports had indicated that EFG\u2019s equity investment would give it a 49% stake in Ignis.<\/p>\n<p><strong>The public placement for Ghazl El Mahalla FC\u2019s EGP 98 mn IPO will begin on Sunday, 12<\/strong><strong> June<\/strong>, and will last until the beginning of July, according to a <a href=\"https:\/\/ent.news\/2022\/6\/%D9%81%D8%AA%D8%AD-%D8%A8%D8%A7%D8%A8-%D8%A7%D9%84%D8%A7%D9%83%D8%AA%D8%AA%D8%A7%D8%A8-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D9%81%D9%8A-%D8%A3%D8%B3%D9%87%D9%85-%D8%B4%D8%B1%D9%83%D8%A9-%D8%BA%D8%B2%D9%84-%D8%A7%D9%84%D9%85%D8%AD%D9%84%D8%A9-%D9%84%D9%83%D8%B1%D8%A9-%D8%A7%D9%84%D9%82%D8%AF%D9%85.pdf\">press release (pdf)<\/a>. The company has set its share price at EGP 1.02. The small retail offering has been approved by the Financial Regulatory Authority, paving the way for the football club to go ahead with the sale by late July or early August, Mohamed Maher, head of bookrunner Prime Holding Mohamed Maher previously told Enterprise.<\/p>\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><strong>It\u2019s another day of international headlines being thoroughly mixed.<\/strong> The status of Ukrainian wheat shipments is still getting some play, after Russia said today that the Berdyansk and Mariupol ports are ready to restart grain exports after removing what it says were Ukrainian mines, according to <a href=\"https:\/\/www.reuters.com\/markets\/commodities\/russia-says-mariupol-berdyansk-ports-ready-ship-grain-2022-06-07\/\">Reuters<\/a>. On the business and economy side of the news flow, investor fears about growth and monetary policy are muting equity markets in Europe and US futures, and weighing on oil prices. WTI Crude and Brent Crude both slipped 0.4%, with WTI trading at USD 118.05 per barrel, while international benchmark Brent is currently priced at USD 119.02 per barrel. The story is getting ink from <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-06-06\/oil-edges-higher-as-traders-assess-russian-fallout-china-demand?srnd=premium-middle-east#xj4y7vzkg\">Bloomberg<\/a> and the <a href=\"https:\/\/www.wsj.com\/articles\/global-stocks-markets-dow-update-06-07-2022-11654589931\">Wall Street Journal<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>Prime Minister Moustafa Madbouly <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7cd9a361-7664-491a-8579-5bd3b45d50ed\">has directed<\/a><\/strong><strong> the Finance Ministry to update its plan for the state privatization program<\/strong>, including preparing a timeline for stake sales in state-owned firms and how much of each company could be on offer.<\/li>\n<li><strong>A handful of MPs are <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/750edb4f-028c-4036-a98d-58f6856f1b18\">less than thrilled<\/a><\/strong><strong> with the government\u2019s plan to offer a stake in the company it will create through a merger of seven or eight state-owned hotels<\/strong>, which have yet to be determined.<\/li>\n<li><strong>Elevate takes a leap into leasing:<\/strong> Our friends at Elevate Private Equity <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/723b1079-f3d5-4456-ab06-f74fe1488854\">have landed approval<\/a> in principle from the Financial Regulatory Authority to set up a financial leasing arm as the healthcare management company looks to branch out into non-banking financial services<\/li>\n<\/ul>\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>CORRECTION-<\/strong> We incorrectly stated in this morning\u2019s EnterpriseAM that companies in the telecoms sector would be given access to the central bank\u2019s soft loans scheme for tourism companies. The Central Bank of Egypt has extended the program to cover telecoms maintenance and upgrade costs for tourism companies. The story has since been corrected <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ba0b7a59-fadc-4e67-9b05-e01368706fc5\">on our website<\/a>.<\/p>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/digitransformationsummit.com\/egypt\/\">Digital Transformation Summit<\/a><\/strong><strong> gets underway this Thursday<\/strong>, 9 June, bringing together public and private sector players in the tech industries to share and discuss views on the current landscape of the market, recent tech innovations, and proposed strategies.<\/p>\n<p><strong>NEWS TRIGGERS you\u2019ll want to keep an eye on this month:<\/strong><\/p>\n<ul>\n<li><strong>Inflation figures for May<\/strong> are due out on Saturday, 9 June (from state statistics agency Capmas) and Sunday, 12 June (central bank figures);<\/li>\n<li><strong>The Central Bank of Egypt holds its policy meeting<\/strong> on Thursday, 23 June.<\/li>\n<\/ul>\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>The mercury is reaching 40\u00b0C tomorrow as the current heat wave continues, our favorite weather app tells us. It\u2019ll get cooler at night as temperatures drop to 27\u00b0C.<\/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\/efg-hermes\/\">EFG Hermes<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ghazl-el-mahalla\/\">Ghazl El Mahalla<\/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\/ukraine\/\">Ukraine<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vortex-energy\/\">Vortex Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wheat\/\">wheat<\/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=\"551285\" 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                            \"\r\n            id=\"551285\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/07\/551285\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551285\" class=\"content-area-description single-story post-551285 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/palmhillsdevelopments.com\/OurDevelopments\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/4\/CLeo-enterprise-1600px-02-1.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/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<section id=\"551286\" 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=\"551286\">\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\/06\/07\/women-get-only-a-fraction-of-equity-ownership-at-sp-500-companies-cats-or-dogs-which-fuzzy-animal-has-the-power-to-sell-more-stuff-in-ads\/\">\r\n                            Women get only a fraction of equity ownership at S&#038;P 500 companies + Cats or dogs: Which fuzzy animal has the power to sell more stuff in ads?                        <\/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\/06\/07\/women-get-only-a-fraction-of-equity-ownership-at-sp-500-companies-cats-or-dogs-which-fuzzy-animal-has-the-power-to-sell-more-stuff-in-ads\/\" 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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It\u2019s no secret that animals can tap into our emotions with their innocence and quirkiness \u2014 just take a look at the countless hours people log on YouTube watching cats and dogs do funny things. But marketers need to keep in mind that using the four-legged pets is most effective in ads when they are aligned with people\u2019s perceptions of specific dog and cat characteristics, according to the study. Dogs, for example, are usually associated with eagerness, loyalty, high activity, and reward-seeking behaviors, while cats are usually seen as inquisitive, vigilant and smart.<\/p>\n<p><strong>What does that mean for creative directors?<\/strong> If, for instance, you want to promote a vitamin that boosts energy, a dog would be more effective, but if the vitamin has a more prevention-related effect, go for a cat instead. \u201cWhen the advertisement didn\u2019t conform to stereotypical traits, the positive effect of using a dog or cat was muted,\u201d Lei Jia, an assistant professor at Kent State University and one of the study\u2019s co-authors, told the <a href=\"https:\/\/www.wsj.com\/articles\/dogs-cats-advertising-effective-11653506483?mod=hp_listc_pos3\">Wall Street Journal<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Women get only a fraction of equity ownership at S&P 500 companies: <\/strong>Women executives at S&P 500 companies control only around 1% of the value of shares compared to their male peers, according to the results of an unreleased study from the University of Dublin and gender data company <a href=\"https:\/\/www.execushe.com\/\">ExecuShe<\/a> seen by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-06-06\/male-executives-control-99-times-more-s-p-500-shares-than-women?srnd=premium-middle-east#xj4y7vzkg\">Bloomberg<\/a>. Male executives held around USD 770 bn-worth of shares in 2020 while women executives held USD 9 bn, said University of Dublin professor Andreas Hoepner. The ratio is still skewed after removing outliers in the data, such as Tesla CEO Elon Musk, who is the wealthiest exec in the index. As more women make it to the top of companies, a big chunk of their compensation is often dependent on equity or stock options. However, the new research shows that equity ownership should be another metric with which to measure gender equality and the wage disparity in the workplace.<\/p>\n<hr class=\"grey-line\">\n<p><strong>The studio behind the new Top Gun is facing a lawsuit that could tarnish its<\/strong><strong> blockbuster screening: <\/strong>Top Gun: Maverick has had blockbuster weekends in the box office since its release, with expectations that it could <a href=\"https:\/\/www.hollywoodreporter.com\/movies\/movie-news\/top-gun-2-box-office-billion-dollar-club-1235159304\/\">join the USD 1 bn club<\/a>. However, Paramount \u2014 the studio behind the film \u2014 is facing a lawsuit from the family of the author of a 1983 article titled \u201cTop Guns\u201d which inspired the original 1986 film, reports <a href=\"https:\/\/www.cnbc.com\/2022\/06\/06\/paramount-sued-over-top-gun-copyright-as-maverick-soars-at-box-office.html\">CNBC<\/a>. Shosh and Yuval Yonay, heirs to the author Ehud Yonay, are suing Paramount over claims that the film infringes the copyright that they reclaimed in January 2020. The family alleges that they sent notice to Paramount that they would reclaim the copyright in early 2018 before the movie began shooting. Paramount then started filming in May 2018 and the movie was slated for release in 2019 but was pushed for nearly three years. The Yonays allege that the production of Maverick wrapped in May 2021, not 2019. The timeline is expected to be a big deciding factor in the copyright lawsuit.<\/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\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gender-equity\/\">gender equity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/paramount-studios\/\">Paramount Studios<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sp-500\/\">S&amp;P 500<\/a>\n                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Plus: Mo Salah is missing Egypt\u2019s game vs Ethiopia + Why many leading companies fail to innovate                        <\/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\/06\/07\/watch-the-queen-of-interviews-work-her-magic-in-netflixs-oprah-viola-plus-mo-salah-is-missing-egypts-game-vs-ethiopia-why-many-leading-companies-fail-to-innovate\/\" 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\/06\/07\/watch-the-queen-of-interviews-work-her-magic-in-netflixs-oprah-viola-plus-mo-salah-is-missing-egypts-game-vs-ethiopia-why-many-leading-companies-fail-to-innovate\/')\">\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\/06\/07\/watch-the-queen-of-interviews-work-her-magic-in-netflixs-oprah-viola-plus-mo-salah-is-missing-egypts-game-vs-ethiopia-why-many-leading-companies-fail-to-innovate\/\">\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=Watch the queen of interviews work her magic in Netflix\u2019s Oprah + Viola. 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Watching the Academy Awardwinner share the hardships she faced \u2014 including intense bullying and poverty \u2014 and how grateful she is for her life today makes for a humbling and inspiring experience. In just 45 minutes, Oprah manages to bring out raw emotion and unfiltered stories that prove that achieving financial independence and success is possible, even when it seems most unlikely.<\/p>\n<p>\u26bd<strong>The UEFA Nations League continues:<\/strong> We recommend the two matches from the \u201cgroup of death\u201d: Germany v England, and Italy v Hungary \u2014 they both kick off at 8:45pm.<\/p>\n<p><strong>World Cup qualifiers: <\/strong>The UAE will face Australia in the Asian playoffs at 8pm. The team that comes out on top will play against Peru on 13 June \u2014 a game that will ultimately identify the team qualifying for Qatar 2022. The qualified team will stake its claim in Group D, alongside France, Denmark, and Tunisia.<\/p>\n<p><strong>As for the 2023 AFCON qualifiers:<\/strong> Several games are taking place today, the most important of which is Rwanda v Senegal at 9pm.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>IN OTHER FOOTBALL NEWS: National treasure and Liverpool forward Mo Salah will miss<\/strong><strong> Egypt\u2019s game against Ethiopia<\/strong> in the 2023 African Nations Cup qualifiers on Thursday after scans showed a slight strain, according to an Egyptian Football Association <a href=\"https:\/\/bit.ly\/3xb85rd\">statement<\/a>.<\/p>\n<p><strong>? EAT THIS TONIGHT- <\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Grab a nostalgic snack at <\/strong><strong><a href=\"https:\/\/www.instagram.com\/joes_eg\/\">Joe\u2019s<\/a><\/strong><strong> in East Cairo<\/strong>: As self-proclaimed foodies, we love exploring cuisines from different parts of the world, but ultimately, there\u2019s nothing like authentic Egyptian food that bursts with flavor and nostalgia of yesteryear, when options were more limited yet equally satisfying. Enter Joe\u2019s, which brings Egyptian street food to Mivida compound in New Cairo. Their Fino Kebda sandwich is not to be missed, and their signature spiral sojouk is a must-try. As for dessert, they\u2019ve got you covered with what we believe is one of Egypt\u2019s greatest local inventions: Sakalans.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><br \/> (all times CLT)<\/p>\n<p><strong>Take a <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/5725453614146019\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_friends_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\">Journey into Creativity<\/a><\/strong><strong> tomorrow evening at Ubuntu Art Gallery, <\/strong>which is hosting an open discussion with Suzan Wissa Wassef and Ikram Nosshi about Ramses Wissa Wassef Art Center, where the legacy of the late Egyptian architect, artisan, artist, and teacher lives on. The discussion will take place at 6-8pm on Wednesday, against the backdrop of Wassef\u2019s exhibition <a href=\"https:\/\/www.facebook.com\/events\/535484604945760\/535484611612426\/?active_tab=about\">The School of Instinctive Creativity,<\/a> which runs until 21 June.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong><a href=\"https:\/\/www.amazon.com\/gp\/product\/1633691780?ie=UTF8&linkCode=shr&tag=alexwiec2000-20&language=en_US&ref_=as_li_ss_shr&creativeASIN=1633691780&camp=213733&creative=undefined&linkId=7ef89ecf49dc14cfb89a69459e7a7b7f\">The Innovator\u2019s Dilemma<\/a><\/strong><strong> is a must-read classic on disruptive innovation.<\/strong> Renowned author and Harvard professor Clayton M. Christensen offers a profound analysis of why many leading companies fail to innovate and could ultimately disappear in the wake of disruptive technologies. Using examples of successes and failures, Christensen provides a set of rules that no manager, leader, or entrepreneur should be without. Jeff Bezos called it an \u201cenormously influential business book whose principles Amazon acted on and that facilitated the creation of the Kindle and AWS.\" Our big takeaway: one of the main reasons companies fail is due to their preference for efficiency over imagination. In this well articulated and well organized book, Christensen shows why leaders should not focus exclusively on improving existing operations, and why they need to prioritize developing fresh new offerings.<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"551291\" 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=\"551291\">\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\/06\/07\/market-roundup-on-7-june-2022\/\">\r\n                            Market roundup on 7 June 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\/06\/07\/market-roundup-on-7-june-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2022\/06\/07\/market-roundup-on-7-june-2022\/')\">\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\/06\/07\/market-roundup-on-7-june-2022\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Market roundup on 7 June 2022&url=https:\/\/enterpriseam.com\/egypt\/2022\/06\/07\/market-roundup-on-7-june-2022\/\">\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\/06\/07\/market-roundup-on-7-june-2022\/&title=Market roundup on 7 June 2022\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Market+roundup+on+7+June+2022+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F06%2F07%2Fmarket-roundup-on-7-june-2022%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\/06\/07\/market-roundup-on-7-june-2022\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551291\" class=\"content-area-description single-story post-551291 post type-post status-publish format-standard hentry category-go-with-the-flow tag-egx tag-enterprisepm tag-go-with-the-flow wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The EGX30 rose 0.6% at today\u2019s close<\/strong> on turnover of EGP 511 mn (38.8% below the 90-day average). Local investors were net buyers. The index is down 15.9% YTD.<\/p>\n<p><strong>In the green: <\/strong>GB Auto (+8.5%), Palm Hills Development (+3.4%) and MM Group (+2.7%).<\/p>\n<p><strong>In the red: <\/strong>Housing and Development Bank (-1.3%), Eastern Company (-1.1%) and Rameda Pharma (-0.94%).<\/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\/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=\"551292\" 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=\"551292\">\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\/06\/07\/meet-our-founders-of-the-week-own-snacks-noor-gamali-and-ameer-gamali\/\">\r\n                            Meet our founders of the week: Own Snacks\u2019 Noor Gamali and Ameer Gamali                        <\/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\/06\/07\/meet-our-founders-of-the-week-own-snacks-noor-gamali-and-ameer-gamali\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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As the business evolved, we each began to handle different facets of the business based on our interests and strengths. Noor handles the marketing and sales side of the business, while Ameer manages the financial side of the equation and spends most of his day in the factory monitoring the production and manufacturing side of the business. We still involve each other in the different sides, and have recurring meetings where the entirety of the team shares ideas to ensure the success of the company.<\/p>\n<p><strong>Our third co-founder is our father, Yasser Gamali<\/strong>, who helped guide us in all aspects of running the business. We also consider <strong>Reem Gamali, our mother<\/strong>, who helped us with branding and so much more, and <strong>Mariam Gamali, our younger sister<\/strong>, who devotes her downtime to the company in so many ways, as honorary co-founders of OWN Snacks. We are a family business through and through.<\/p>\n<p><strong>While we were both completing our bachelor\u2019s degrees at IE university in Madrid<\/strong>, we used to intern at investment banks in Cairo. Upon graduation, we relocated back to Egypt in 2019 and started our entrepreneurial journey, and launched OWN in 2021.<\/p>\n<p><strong>We decided to address consumers\u2019 demands for healthy, nutritional snacks.<\/strong> Having spent our college years abroad, we noticed a booming trend in the healthy snacks sector in Europe and beyond, and observed a gap here in Egypt that we felt needed to be filled, especially as awareness is at an all-time high here, despite the limited range of products available.<\/p>\n<p><strong>The response of the local market was very positive<\/strong>, and that reassured us that Egypt was ready for the wide range of innovative nutritional products we have in mind.<\/p>\n<p><strong>Our products are all natural, without any additives, chemicals, preservatives, or coloring.<\/strong> We use high quality-ingredients. We don\u2019t use any fillers and flavors such as corn flakes, rice crisps, or syrups. We\u2019re proud of the fact that our high-quality products have garnered great reviews, and were the snack of choice for Egyptian Olympians from the Track and Field team during the Tokyo Olympics.<\/p>\n<p><strong>Our goal is to help people own their day, and that\u2019s where the name OWN stems from.<\/strong> Our motto is: \u201cOwn your food, own your life.\u201d Giving ownership to consumers when it comes to nutritious products, whether they be average joes who just want nutritious alternatives to unhealthy snacks, or athletes who are specifically focused on their caloric and protein intake, is our main goal. What we aim to do is offer convenient and healthy snacks that you can find anywhere and have at any time of the day. We truly believe that when people eat better, they can achieve more.<\/p>\n<p><strong>We want to be there for our customers and offer them healthy alternatives throughout the day, from sunrise to sunset.<\/strong> Aside from protein bars and protein chunks, we have cool products that will be released within the coming month that will go further to address customers\u2019 needs throughout the day. Customer satisfaction is always at the forefront of our business. We want to be there for our customers when having their coffee in the morning, when they have a quick snack in the afternoon, and when they\u2019re looking for a nutritious dinner. Customers can find our products in coffee shops like Costa Coffee, and when they\u2019re on the go, they can purchase our selections online or find our products on the shelves of supermarkets, gyms, convenience stores, and even select kiosks.<\/p>\n<p><strong>Our products are currently on offer in 600 different retail outlets in Cairo, Alexandria, Gouna, and Ain Sokhna<\/strong>, and are also available for online purchase through our website. One of our short-term goals is to expand further throughout Egypt, and to cover more governorates.<\/p>\n<p><strong>The initial challenge we faced as young entrepreneurs was the shock of the adjustment period we faced after college. <\/strong>Working in the food industry is specifically demanding. The attention to detail associated with this sector is particularly unique. There is no tolerance for mistakes when it comes to any side of the business: Whether it\u2019s quality, manufacturing, storage, or anything else, when you\u2019re working in this sector, your reputation can make or break your business. With that in mind, we decided to consult quality control advisors to learn more about the ins and outs of quality assurance from the onset. We continue to consult them. We also have an internal lab to ensure the standard we have in mind remains top tier.<\/p>\n<p><strong>Another challenge we faced when we first started was the fact that, because of the demanding workload, we both had no time for weekends or holidays. <\/strong>One of the worst parts of the job was finding the talent to join our team. With time, however, we\u2019ve attracted the right people and now have a solid team \u2014 and can enjoy our weekends [laugh].<\/p>\n<p><strong>The best part of the job for us is seeing the impact we\u2019re having on people who want to lead healthier lives. <\/strong>We love seeing our hard work coming to fruition and witnessing that we\u2019re bettering people\u2019s lives.<\/p>\n<p><strong>Finding a healthy work-life balance was definitely problematic in the beginning. <\/strong>Carving out the time for recreational activities with the stress of ensuring the success of a startup looming over our heads was tough to say the least. With time, however, we learned how to carve out some time in the day to do something that reenergizes us for the next day of work.<\/p>\n<p><strong>The most important KPI we focus on is customer satisfaction.<\/strong> We do this through tracking customer reviews and keeping note of the number of recurring customers who frequent our online channel. We can also note the level of offline customer satisfaction by monitoring the volume of our offline sales through supermarkets, convenience stores, gyms, or any other retail outlet. We\u2019re also focused on customer acquisition: We believe in the quality of our product, and know that the hard work that was put into our product range will ultimately turn new customers into repeat consumers.<\/p>\n<p><strong>In the short term, we want to continue to expand our product range and have even more diverse offerings that our customers can have from sunrise to sunset.<\/strong> We\u2019re not restricting ourselves to protein bars and chunks at all. We will be venturing beyond that. We are also looking forward to exporting our products abroad by the end of 2022, or early on in 2023.<\/p>\n<p><strong>We onboarded a private investor in the beginning of 2022 to raise some capital that will fund the growth of our startup for the time being.<\/strong> We are looking forward to attracting more investors by the end of the year, so we can raise enough to fuel our expansion plans.<\/p>\n<p><strong>In our downtime, we enjoy riding motorcycles in the Saqqara Desert.<\/strong> It\u2019s awesome to hang out with a diverse community of bikers made up of expats and locals from all walks of life. <strong>Another added benefit? <\/strong>It\u2019s a very intense workout. For us, riding in the desert re-energizes us for the next week of work. We also have another passion project of our own; we\u2019re working on restoring an old motorcycle from the 80s.<\/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\/ameer-gamali\/\">Ameer Gamali<\/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\/noor-gamali\/\">Noor Gamali<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/own-snacks\/\">Own Snacks<\/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=\"551294\" 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\/06\/07\/551294\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551294\" class=\"content-area-description single-story post-551294 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><strong>OUR CALENDAR APPEARS in two sections: <\/strong><\/p>\n<ul>\n<li><strong>Events with specific dates or months <\/strong>are right here up top<\/li>\n<li><strong>Events happening in a quarter or other range of time <\/strong>with no specific date \/ month appear at the bottom of the calendar.<\/li>\n<\/ul>\n<p><strong>JUNE<\/strong><\/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>7 June (Tuesday): Technology conference <a href=\"https:\/\/www.eventbrite.com\/e\/tech-invest-4-tickets-338929546397\">Tech Invest 4<\/a>, Grand Nile Hotel, in Cairo.<\/p>\n<p>9 June (Thursday): European Central Bank monetary policy meeting.<\/p>\n<p>9 June (Thursday): <a href=\"https:\/\/digitransformationsummit.com\/egypt\/\">Digital Transformation Summit<\/a>, The Nile Ritz-Carlton, Cairo<\/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): <a href=\"https:\/\/ent.news\/2022\/5\/ER2FOOD-Event-Agenda-240522.pdf\">EU-Egypt Sustainable Food Value Chain conference<\/a>, Grand Nile Tower Hotel, Cairo.<\/p>\n<p>16 June (Thursday): End of 2021-2022 academic year for public schools.<\/p>\n<p>21-22 June (Tuesday-Wednesday): <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/298129062496947\">Aswan Forum for Sustainable Peace and Development<\/a>, Cairo.<\/p>\n<p>21-23 June (Tuesday-Thursday): <a href=\"https:\/\/www.cweic.org\/cbf\/rwanda-2022\/\">Commonwealth Business Forum<\/a>, Kigali, Rwanda.<\/p>\n<p>23 June (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>26 June (Sunday): The <a href=\"https:\/\/bit.ly\/36oOWst\">deadline for<\/a> private companies to pre-register ahead of bidding for the second phase of the PPP national project to establish and operate 1k language schools.<\/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>30 June (Thursday): Deadline for bids for National Democratic Party HQ redevelopment contract.<\/p>\n<p>June: Egypt will <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/390172846486475\">launch a unified ticketing system<\/a> for all means of transport at the Adly Mansour Interchange Station.<\/p>\n<p>June: Egypt and Israel will <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-06-03\/eu-egypt-near-gas-supply-deal-in-shift-away-from-russia?sref=mmeFTDW1\">sign an agreement<\/a> with the EU to increase LNG exports.<\/p>\n<p><strong>JULY<\/strong><\/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>July: Actis\u2019 expected sale of its majority stake in Lekela to Infinity and Masdar\u2019s Infinity Power.<\/p>\n<p>1 July (Friday): FY 2022-2023 begins.<\/p>\n<p>1 July (Friday): Official rollout of e-receipt system 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><strong>AUGUST<\/strong><\/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 600 MW to be completed.<\/p>\n<p>18 August (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p><strong>SEPTEMBER<\/strong><\/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>18 September (Sunday): Deadline for brokerage firms, asset managers and financial advisors <a href=\"https:\/\/alborsaanews.com\/2022\/04\/06\/1527896\">to register<\/a> with the Egyptian Securities Federation.<\/p>\n<p>20-21 September (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>22 September (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>26\u201327 September (Monday-Tuesday): The <a href=\"https:\/\/www.awieforum.org\/\">Africa Women Innovation and Entrepreneurship Forum (AWIEF)<\/a> at the Cairo Marriott Hotel.<\/p>\n<p><strong>OCTOBER<\/strong><\/p>\n<p>October: Fuel pricing committee meets to decide quarterly fuel prices.<\/p>\n<p>1 October (Saturday): Use of Nafeza <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/381373340699759\">becomes compulsory<\/a> for air freight.<\/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>10-16 October (Monday-Sunday): <a href=\"https:\/\/www.imf.org\/en\/About\/Factsheets\/Annual-Spring-Meetings\">World Bank and IMF annual meetings<\/a>, Washington, DC, chaired by CBE Governor Tarek Amer<\/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><strong>NOVEMBER<\/strong><\/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>3-5 November (Thursday-Saturday): Egypt Fashion Week.<\/p>\n<p>4-6 November (Friday-Sunday): 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 COP27 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><strong>DECEMBER<\/strong><\/p>\n<p>22 December (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p><strong>JANUARY 2023<\/strong><\/p>\n<p>January 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>MAY 2023<\/strong><\/p>\n<p>22-26 May (Monday-Friday): Egypt <a href=\"https:\/\/www.afdb.org\/en\/news-and-events\/press-releases\/african-development-bank-group-concludes-annual-meetings-governors-endorse-banks-vision-next-10-years-51974#:~:text=The%20new%20Board%20of%20Governors,from%2022%2D26%20May%202023.\">will host<\/a> the African Development Bank (AfDB) annual meetings in Sharm El Sheikh.<\/p>\n<p><strong>EVENTS WITH NO SET DATE <\/strong><\/p>\n<p>2Q2022: The Sovereign Fund of Egypt will invest in two companies in the financial inclusion and non-banking financial services sectors.<\/p>\n<p>End of 2Q2022: The Financial Regulatory Authority\u2019s new Ins. Act should be approved.<\/p>\n<p>End of 2Q2022: Door for bidding for the contract to redevelop the site of the former National Democratic Party HQ to close.<\/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>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 its first financing product.<\/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>2023: Egypt <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/380561820780911\">will host<\/a> the Asian Infrastructure Investment Bank\u2019s Annual Meeting of the Board of Governors in 2023.<\/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":551283,"template":"","categories":[],"tags":[],"class_list":["post-551282","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0501cb1b-70e8-4501-9ac9-a030805498c9","teaser":"","photo_url":"https:\/\/ent.news\/2022\/6\/58.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>Cats and dogs have different sales strengths - 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\/cats-and-dogs-have-different-sales-strengths\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cats and dogs have different sales strengths\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/cats-and-dogs-have-different-sales-strengths\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T23:20:08+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/58.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\/cats-and-dogs-have-different-sales-strengths\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/cats-and-dogs-have-different-sales-strengths\/\",\"name\":\"Cats and dogs have different sales strengths - 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