{"id":551790,"date":"2022-07-21T14:22:33","date_gmt":"2022-07-21T14:22:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=551790"},"modified":"2025-12-15T23:31:19","modified_gmt":"2025-12-15T23:31:19","slug":"why-are-so-historically-obsessed-with-utopia","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/why-are-so-historically-obsessed-with-utopia\/","title":{"rendered":"Why are so historically obsessed with utopia?"},"content":{"rendered":"<section id=\"551792\" 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=\"551792\">\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\/07\/21\/this-evening-pachin-bod-rejects-saybad-takeover-bid-uber-raises-prices-on-higher-fuel-costs-plus-interest-rate-decisions-from-turkey-and-the-ecb\/\">\r\n                            THIS EVENING: Pachin BoD rejects Saybad takeover bid + Uber raises prices on higher fuel costs. Plus: Interest rate decisions from Turkey and the ECB                        <\/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\/07\/21\/this-evening-pachin-bod-rejects-saybad-takeover-bid-uber-raises-prices-on-higher-fuel-costs-plus-interest-rate-decisions-from-turkey-and-the-ecb\/\" 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\/07\/21\/this-evening-pachin-bod-rejects-saybad-takeover-bid-uber-raises-prices-on-higher-fuel-costs-plus-interest-rate-decisions-from-turkey-and-the-ecb\/')\">\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\/07\/21\/this-evening-pachin-bod-rejects-saybad-takeover-bid-uber-raises-prices-on-higher-fuel-costs-plus-interest-rate-decisions-from-turkey-and-the-ecb\/\">\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: Pachin BoD rejects Saybad takeover bid + Uber raises prices on higher fuel costs. Plus: Interest rate decisions from Turkey and the ECB&url=https:\/\/enterpriseam.com\/egypt\/2022\/07\/21\/this-evening-pachin-bod-rejects-saybad-takeover-bid-uber-raises-prices-on-higher-fuel-costs-plus-interest-rate-decisions-from-turkey-and-the-ecb\/\">\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\/07\/21\/this-evening-pachin-bod-rejects-saybad-takeover-bid-uber-raises-prices-on-higher-fuel-costs-plus-interest-rate-decisions-from-turkey-and-the-ecb\/&title=THIS EVENING: Pachin BoD rejects Saybad takeover bid + Uber raises prices on higher fuel costs. Plus: Interest rate decisions from Turkey and the ECB\">\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+Pachin+BoD+rejects+Saybad+takeover+bid+%2B+Uber+raises+prices+on+higher+fuel+costs.+Plus%3A+Interest+rate+decisions+from+Turkey+and+the+ECB+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F07%2F21%2Fthis-evening-pachin-bod-rejects-saybad-takeover-bid-uber-raises-prices-on-higher-fuel-costs-plus-interest-rate-decisions-from-turkey-and-the-ecb%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\/07\/21\/this-evening-pachin-bod-rejects-saybad-takeover-bid-uber-raises-prices-on-higher-fuel-costs-plus-interest-rate-decisions-from-turkey-and-the-ecb\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551792\" class=\"content-area-description single-story post-551792 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-enterprisepm tag-interest-rates tag-ma-watch tag-saybad tag-transport tag-uber 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>We\u2019ve officially made it to the weekend, friends.<\/strong> As you join the exodus to Sahel (or if you managed to slip out of work early, if you\u2019re luckier than us), the news flow here at home is also in weekend mode.<\/p>\n<p><strong>THE BIG STORY TODAY<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Pachin\u2019s board of directors have rejected Saybad\u2019s takeover bid<\/strong>, saying that Saybad\u2019s offer is not reflective of the real value of the company and its assets, according to a company <a href=\"https:\/\/ent.news\/2022\/7\/Pachin-BoD-Saybad.pdf\">disclosure to the bourse (pdf)<\/a>. EGX-listed Pachin will ask Saybad to revise their offer, taking into consideration the company\u2019s land portfolio, the board decided. The board will also present the question of allowing due diligence proceedings at their next general assembly meeting for a vote.<\/p>\n<p><strong>^^We\u2019ll have more details<\/strong> on this story and others in Sunday\u2019s edition of <strong>EnterpriseAM<\/strong>.<\/p>\n<p><strong>PSA- Your Uber ride just got slightly pricier<\/strong>, with base fares for its UberX service in Cairo rising to EGP 9 (from EGP 8.50), while the minimum fare is up EGP 1 to EGP 15, according to an email sent out to users. In Alexandria, the base fare for UberX rides is up EGP 0.40 to EGP 8.70, with the minimum fare rising to EGP 13, from EGP 12 previously. The company attributed the price increases to the government\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/59629508-f337-48ec-b80c-092a43eecb30\">recent decision<\/a> to raise fuel prices.<\/p>\n<p><strong>THE BIG STORIES ABROAD<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>It\u2019s a busy Thursday afternoon in the global business press. <\/strong>On the agenda:<\/p>\n<p><strong>#1- Russia resumes flow of natural gas to Europe \u2014 with a reduced volume<\/strong>, the operator of major pipeline <a href=\"https:\/\/www.nord-stream.com\/press-info\/press-releases\/gas-transmission-via-nord-stream-pipeline-resumed-after-completion-of-planned-annual-maintenance-works-525\/\">Nord Stream 1 said<\/a>, offering some relief to the region after a 10-day maintenance period filled with fears that Moscow could choose to tighten the screws on the energy-starved continent and turn off the taps. The Nord Stream pipeline connects Russia with Germany under the Baltic Sea, and ships more than a third of Russian gas exports to the EU. The pipeline has been running at 40% capacity in recent weeks as Russia ramps up the tit-for-tat energy war with Europe.<\/p>\n<p><strong>Flows are expected to remain at the pre-maintenance level of 40% of total capacity.<\/strong> \u201cUnfortunately, the political uncertainty and the 60% cut from mid-June remain,\u201d head of Germany\u2019s energy regulator <a href=\"https:\/\/twitter.com\/Klaus_Mueller\/status\/1550010370865127431\">Klaus M\u00fcller<\/a> said. Russia began throttling supplies in June, choking up the reduced capacity to technical issues related to Western sanctions against Russia. German officials think the levels are a deliberate move to prevent European countries from shoring up their gas reserves for next winter. Germany and other EU nations have pledged to end purchases of Russian energy by 2024. The story is getting coverage from: <a href=\"https:\/\/www.wsj.com\/articles\/russia-resumes-nord-stream-natural-gas-supply-to-europe-11658380074?mod=hp_lead_pos1\">Wall Street Journa<\/a>l | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-07-21\/nord-stream-says-russian-gas-shipments-resume-on-thursday?srnd=premium-middle-east#xj4y7vzkg\">Bloomberg<\/a> | <a href=\"https:\/\/www.reuters.com\/world\/europe\/russia-expands-ukraine-war-goals-fighting-toll-mounts-2022-07-21\/\">Reuters<\/a> | <a href=\"https:\/\/www.washingtonpost.com\/world\/2022\/07\/21\/nord-stream-gazprom-russia-germany-gas\/\">Washington Post<\/a>| <a href=\"https:\/\/www.ft.com\/content\/914f61fd-da0e-4e7a-9cbb-5fc4096bbff6\">Financial Times<\/a>.<\/p>\n<p><strong>#2- ECB says goodbye to negative interest:<\/strong> The European Central Bank just ended an eight-year run with negative interest rates after enacting a 50 bps rate hike today, according to <a href=\"https:\/\/www.ecb.europa.eu\/press\/pr\/date\/2022\/html\/ecb.mp220721~53e5bdd317.en.html\">a statement<\/a>. The bank cited rising inflation for the monetary tightening decision, signaling that it could push through another hike at its next meeting in September.<\/p>\n<p><strong>Meanwhile, Turkey kept interest rates unchanged for a seventh consecutive month despite inflation being at a 24-year high<\/strong>, according to a <a href=\"https:\/\/www.tcmb.gov.tr\/wps\/wcm\/connect\/en\/tcmb+en\/main+menu\/announcements\/press+releases\/2022\/ano2022-32\">central bank statement<\/a>. The country\u2019s monetary policy is swimming against the global current, with central banks across the world going for aggressive rate hikes to curb soaring inflation, which in Turkey has reached its highest rate since 1998, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-07-21\/turkey-maps-out-path-to-end-cheap-money-era-decision-day-guide?srnd=premium-middle-east#xj4y7vzkg\">Bloomberg<\/a> notes. Turkey\u2019s borrowing costs carry the most negative real rates in the world when adjusted for prices \u2014 a big red flag for investors \u2014 and the TRY plummeted to record lows earlier this year.<\/p>\n<p><strong>#3- Italian Prime Minister Mario Draghi officially stepped down this morning<\/strong> after failing to secure the backing of his coalition partners in a parliamentary vote on his future. <a href=\"https:\/\/www.tcmb.gov.tr\/wps\/wcm\/connect\/en\/tcmb+en\/main+menu\/announcements\/press+releases\/2022\/ano2022-32\">Reuters<\/a> has the story.<\/p>\n<p><strong>HAPPENING NOW- <\/strong><\/p>\n<p><strong>IDG kicks <\/strong><strong>off cultural<\/strong><strong> festival with sustainable waste in focus at Alamein:<\/strong> Our friends at Industrial Development Group (IDG) are hosting a cultural festival at their eco-sustainable industrial park, e2 Alamein, on the North Coast, according to <a href=\"https:\/\/ent.news\/2022\/7\/IDG-PR-Alamein-Industrial-Park-E-V1.docx-1.pdf\">a statement (pdf)<\/a>. The \u201cLocale\u201d festival, which IDG is hosting in partnership with Art d\u2019Egypte, will showcase nine art installations made with recycled materials to raise \u201cawareness around waste management and encouraging waste prevention, reuse, and recycling behavior.\u201d<\/p>\n<p><strong>The event launches today and runs through the summer.<\/strong><\/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>A step closer to a military IPO:<\/strong> The state <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/55227fc9-e389-40bf-acaa-d9816b475542\">is moving forward<\/a> with the EGX listing of the National Company for Producing and Bottling Water (Safi) and Wataniya Petroleum after the cabinet approved the pre-listing procedures for the military companies.<\/li>\n<li><strong>Beltone Financial <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/25696f65-d9a0-47de-8813-d00160c7499c\">has until 3 August<\/a><\/strong><strong> to come to a decision on Chimera Investments\u2019 bid<\/strong> to acquire up to 90% of its shares.<\/li>\n<li><strong>Dutch development bank FMO <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d0720fae-135b-4938-ab41-b56e06889279\">has pledged<\/a><\/strong><strong> USD 10 mn to Algebra Ventures\u2019 second tech fund<\/strong>, with the money coming from FMO\u2019s EUR 200 mn investment program, which is co-financed by the Dutch foreign ministry and the European Commission.<\/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>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>The national dialogue board is set to meet again before the end of the month<\/strong>, marking its third meeting since the board convened earlier in July. The session will see the board decide on heads and members of the three political subcommittees it agreed on during a meeting earlier this.<\/p>\n<p><strong>Calling tech startups:<\/strong> Universities of Canada in Egypt-based incubator DMZ Cairo has opened applications for its second eight-month incubation program for tech startups, which begins in November, according to <a href=\"https:\/\/ent.news\/2022\/7\/PR-1-DMZ-Cairo-Cycle-2.pdf\">a statement (pdf)<\/a>. The incubator \u2014 which is backed by the Academy of Scientific Research and Technology and the National Technological Incubators Program \u2014 is accepting applications for the cycle until 29 September.<\/p>\n<p><strong>Further afield, leaders from across Africa are scheduled to convene in Washington for <\/strong><strong>the US-Africa Leaders Summit from 13-15 December.<\/strong> The summit will bring together leaders to discuss pressing matters including food security and climate change, according to a <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/speeches-remarks\/2022\/07\/20\/statement-by-president-biden-on-the-u-s-africa-leaders-summit\/\">White House statement<\/a>.<\/p>\n<p><strong>Thirty fashion scholarships are up for grabs:<\/strong> City Centre Almaza and fashion school <a href=\"https:\/\/www.esmod.com\/en\/ecole\/beirut\/\">ESMOD Beirut<\/a> are joining forces to offer 30 local designers one-month scholarships, which will include courses in fashion design, pattern making and styling and image consulting, according to a <a href=\"https:\/\/ent.news\/2022\/7\/MAF-CC-Almaza-Partners-with-ESMOD-Press-Release-English-20.7.22.pdf\">statement (pdf)<\/a>. You can register for the scholarship <a href=\"https:\/\/ccalmaza-fashionflair.com\/\">here<\/a> and the chosen candidates will be announced on 15 August.<\/p>\n<p>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>Expect fairly hot weather in Cairo over the weekend, with daytime highs of 40-41\u00b0C on Friday and Saturday, our favorite weather app tells us. Temperatures will fall to lows of 23-24\u00b0C at night.<\/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\/interest-rates\/\">interest rates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saybad\/\">Saybad<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uber\/\">Uber<\/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=\"551793\" 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=\"551793\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/21\/551793\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551793\" class=\"content-area-description single-story post-551793 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\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=\"551794\" 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=\"551794\">\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\/07\/21\/global-heat-waves-could-be-tied-to-air-current-patterns-a-new-uk-thermo-satellite-could-advance-global-heat-mapping\/\">\r\n                            Global heat waves could be tied to air current patterns + A new UK thermo-satellite could advance global heat mapping                        <\/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\/07\/21\/global-heat-waves-could-be-tied-to-air-current-patterns-a-new-uk-thermo-satellite-could-advance-global-heat-mapping\/\" 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 could be the way air currents are shaped:<\/strong> Rising temperatures across these areas are all linked by \u201cwavenumber 5,\u201d a pattern of five big waves circling the globe\u2019s jet stream in a U-bend shape called an \u201comega block,\u201d scientists tell the <a href=\"https:\/\/www.ft.com\/content\/bb9ecca3-c914-489d-af7d-06df6010d1ea\">Financial Times<\/a>.<\/p>\n<p><strong>Global warming is, of course, the culprit: <\/strong>The Arctic region is the reason we have the North Atlantic jet stream at all, and temps have risen by nearly 1.1\u00b0C since the industrial times rolled in. Cold air masses from the north collide with warm air masses from the south to create this fast-flowing air current called a jet stream, and scientists are racing to figure out whether climate change and decreased summer winds from the north are slowing it down. What would that mean for us? More persistent heatwaves in the summer. \u201cIf such wave patterns [wavenumber 5] become stagnant and persist over longer periods, then we typically see simultaneous heatwaves,\u201d a climate scientist told FT.<\/p>\n<p><strong>And speaking of climate change and soaring temperatures: A new thermo-satellite<\/strong><strong> could mark a big advancement in global heat mapping. <\/strong>UK-based Satellite Vu plans to operate thermal satellite imaging constellations, coinciding with unprecedented heat waves that are hitting the UK and other countries, the <a href=\"https:\/\/www.bbc.com\/news\/science-environment-62227866\">BBC<\/a> reports. The London firm expects to deliver new thermal data-sets that would measure the temperature profiles of offices, buildings, and factories, and could even help the UK meet its net-zero pledges. The spacecraft will map the ground at mid-wave infrared wavelengths. While most Earth observation satellites can show more, the light wavelengths by Satellite Vu allows for further access and sight to heat energy retained in structures.<\/p>\n<p><strong>What Satellite Vu is saying:<\/strong> \u201cWith infrared, what you see in daytime, you can see at night. And whereas most other Earth observation data-sets are looking at the outside of buildings, we can even get an inference of what\u2019s going on inside \u2014 whether there's activity in that building, whether a house is occupied, whether there's productive machinery in a factory,\u201d Anthony Baker, CEO and co-founder of Satellite Vu said.<\/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\/climate-change\/\">climate change<\/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\" 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Plus: The historic obsession with utopia                        <\/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\/07\/21\/a-drugdealer-earns-his-way-out-of-prison-in-unsettling-limited-series-black-bird-its-salah-v-mane-again-at-the-caf-awards-plus-the-historic-obsession-with-utopia\/\" 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\/07\/21\/a-drugdealer-earns-his-way-out-of-prison-in-unsettling-limited-series-black-bird-its-salah-v-mane-again-at-the-caf-awards-plus-the-historic-obsession-with-utopia\/')\">\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\/07\/21\/a-drugdealer-earns-his-way-out-of-prison-in-unsettling-limited-series-black-bird-its-salah-v-mane-again-at-the-caf-awards-plus-the-historic-obsession-with-utopia\/\">\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=A drugdealer earns his way out of prison in unsettling limited series Black Bird + It\u2019s Salah v Mane again at the CAF Awards. Plus: The historic obsession with utopia&url=https:\/\/enterpriseam.com\/egypt\/2022\/07\/21\/a-drugdealer-earns-his-way-out-of-prison-in-unsettling-limited-series-black-bird-its-salah-v-mane-again-at-the-caf-awards-plus-the-historic-obsession-with-utopia\/\">\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\/07\/21\/a-drugdealer-earns-his-way-out-of-prison-in-unsettling-limited-series-black-bird-its-salah-v-mane-again-at-the-caf-awards-plus-the-historic-obsession-with-utopia\/&title=A drugdealer earns his way out of prison in unsettling limited series Black Bird + It\u2019s Salah v Mane again at the CAF Awards. Plus: The historic obsession with utopia\">\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=A+drugdealer+earns+his+way+out+of+prison+in+unsettling+limited+series+Black+Bird+%2B+It%E2%80%99s+Salah+v+Mane+again+at+the+CAF+Awards.+Plus%3A+The+historic+obsession+with+utopia+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F07%2F21%2Fa-drugdealer-earns-his-way-out-of-prison-in-unsettling-limited-series-black-bird-its-salah-v-mane-again-at-the-caf-awards-plus-the-historic-obsession-with-utopia%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\/07\/21\/a-drugdealer-earns-his-way-out-of-prison-in-unsettling-limited-series-black-bird-its-salah-v-mane-again-at-the-caf-awards-plus-the-historic-obsession-with-utopia\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/408.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"551798\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/21\/a-drugdealer-earns-his-way-out-of-prison-in-unsettling-limited-series-black-bird-its-salah-v-mane-again-at-the-caf-awards-plus-the-historic-obsession-with-utopia\/408-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/408.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"408.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/408.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/408.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551797\" class=\"content-area-description single-story post-551797 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-recommends-2 tag-ears-to-the-ground tag-eat-this-tonight tag-enterprise-recommends tag-enterprisepm tag-on-the-tube-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><br \/> (all times CLT)<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong><a href=\"https:\/\/tv.apple.com\/us\/show\/black-bird\/umc.cmc.30gx1y8nwthydkrvhqu156p3\">Black Bird<\/a><\/strong><strong> is an unsettling true crime must-watch: <\/strong>The new Apple+ six-part drama is based on James Keene\u2019s memoir <a href=\"https:\/\/www.amazon.com\/Devil-Fallen-Dangerous-Bargain-Redemption\/dp\/0312616945\">In With the Devil,<\/a> a thrilling true story that was elevated further on our screens by the writing of TV veteran Dennis Lehane. The story centers on Keene, a charming drugdealer and the son of a long-serving cop (played by the late Ray Liotta in one of his final roles). After getting arrested and sentenced to 10 years in prison, Keene becomes the recipient of an unexpected offer from the FBI: He can earn his freedom and get out of prison if he manages to befriend a suspected serial killer and coax a confession out of him. With sharp dialogue and incredible performances from all of the actors involved, Black Bird is one of the best limited series we\u2019ve watched this year.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> \u26bd<strong> It\u2019s derby day: Al Ahly and Zamalek will face off tonight<\/strong> <strong>at 9pm <\/strong>at the final of the 2020-21 Egypt Cup, while Eastern Company will play against Al Ittihad Al Sakandary in the Premier League at 6:30pm.<\/p>\n<p><strong>On the international football front<\/strong>, Liverpool will play its third friendly match in preparation for the new season against Leipzig at 7:15pm.<\/p>\n<p><strong>Friday: <\/strong>Three Egyptian Premier League matches are taking place: Al Moqawloon Al Arab v Ghazl El-Mahalla at 6pm, and Ceramica Cleopatra v Al Masry at the same time, followed by Enppi v Farco at 9pm.<\/p>\n<p><strong>European friendly games:<\/strong> Juventus will play against Mexico\u2019s Guadalajara at 10pm.<\/p>\n<p><strong>Saturday:<\/strong> The Egyptian League continues with Tala\u2019e El-Gaish facing Misr Lel Makasa at 6:30pm, while Al Ahly Bank plays against Future at 9pm.<\/p>\n<p><strong>And the European friendlies continue:<\/strong> Manchester United will play against Aston Villa at 11:45am.<\/p>\n<p><strong>IN OTHER FOOTBALL NEWS- It\u2019s Salah v Mane again at the CAF Awards tonight at 9pm:<\/strong> National treasure Mo Salah is up against Senegal\u2019s Sadio Mane and Edouard Mendy for this year\u2019s Confederation of African Football\u2019s Player of the Year award. The winner will be announced at tonight\u2019s ceremony, which is held in Morocco this year. Egypt is shortlisted for the best African team, along with Senegal and Cameroon, while Al Ahly is up for the best team award, along with Morocco\u2019s Wydad and Nahdet Berkane. The awardwinners are determined based on a vote by team captains, coaches, and journalists, along with the CAF Technical Study Group and African football legends. You can check out the rest of the nominees <a href=\"https:\/\/www.cafonline.com\/press-release\/news\/caf-reveals-top-three-final-list-of-nominees-ahead-of-caf-awards-on-thursday\">here<\/a>.<\/p>\n<p><strong>? EAT THIS TONIGHT- <\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong><a href=\"https:\/\/www.instagram.com\/sax.eg\/?hl=en\">Sax<\/a><\/strong><strong> brings live music and fine dining to elevate your Sahel nights: <\/strong>\u2018Tis the season to spend all day by the beach and all night partying at the North Coast, and Sax Egypt needs to be on your list of evening venues. Located at The Address Golf Resort in Marassi, the restaurant is elegant with infectiously energetic vibes, as live musicians and bands get people on their feet. The menu boasts an eclectic assortment of appetizers, salads, and main courses that all landed spots on our must-try list \u2014 we\u2019re planning on heading back to order each of them throughout the summer. What we particularly enjoyed this time around was their beetroot and artichoke salad, and the grilled salmon that was cooked to perfection. The cr\u00e8me br\u00fbl\u00e9e was an excellent ending to our meal.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><br \/> (all times CLT)<\/p>\n<p><strong>Celebrate DJ Feedo\u2019s birthday with the best Hip hop and RnB tunes tonight at Maadi\u2019s<\/strong> <strong><a href=\"https:\/\/www.facebook.com\/events\/711599299939952\/\">Alquimico<\/a><\/strong><strong>:<\/strong> The Nile-side venue will host Feedo\u2019s birthday bash from 10pm to 3am.<\/p>\n<p><strong><a href=\"https:\/\/facebook.com\/events\/1145718429620153\/\">It\u2019s Everywhere<\/a><\/strong><strong>: Experience a unique audiovisual performance on Friday at Medrar: <\/strong>The experimental performance is a collaboration between artist Hadeer Omar and Jaden Oath, a psychedelic electronic music project founded by actor Youssef Al Imam. The hybrid fusion of analog synths and rock vocals will begin at 8pm.<\/p>\n<p>? <strong>EARS TO THE GROUND-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/nice-try\/id1462324602\">Nice Try<\/a><\/strong> <strong>explores some of history\u2019s most interesting endeavors to build perfect societies<\/strong>, in a collaboration between Curbed and the Vox Media Podcast Network. Ever since the term \u201cutopia\u201d was coined by Thomas More in the 1500s, there have been countless pursuits (mostly by white men) to build communities in which everything is perfect. Many have tried, some have come close, but ultimately all have failed. The first season\u2019s eight episodes cover various attempts, from the English settlement of Jamestown (you likely know the story \u2014 albeit with plenty of deviations from historical truth \u2014 from Disney\u2019s Pocahontas), to a more recent attempt in the 1950s by a newly democratic India to build a new capital city, Chandigarh, as a work of art. The podcast\u2019s host, Avery Trufelman dives into the lessons to be learned from the resounding failures that ensued, the successes, and how plans went sideways.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/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\/ears-to-the-ground\/\">ears to the ground<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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=\"551799\" 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=\"551799\">\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\/07\/21\/what-the-markets-are-doing-on-21-july-2022\/\">\r\n                            What the markets are doing on 21 July 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\/07\/21\/what-the-markets-are-doing-on-21-july-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\/07\/21\/what-the-markets-are-doing-on-21-july-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\/07\/21\/what-the-markets-are-doing-on-21-july-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=What the markets are doing on 21 July 2022&url=https:\/\/enterpriseam.com\/egypt\/2022\/07\/21\/what-the-markets-are-doing-on-21-july-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\/07\/21\/what-the-markets-are-doing-on-21-july-2022\/&title=What the markets are doing on 21 July 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=What+the+markets+are+doing+on+21+July+2022+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F07%2F21%2Fwhat-the-markets-are-doing-on-21-july-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\/07\/21\/what-the-markets-are-doing-on-21-july-2022\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551799\" class=\"content-area-description single-story post-551799 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 1.9% at today\u2019s close<\/strong> on turnover of EGP 975 mn (15.1% above the 90-day average). Local investors were net buyers. The index is down 22.3% YTD.<\/p>\n<p><strong>In the green: <\/strong>Ibn Sina Pharma (+10.9%), Qalaa Holdings (+9.8%) and EFG Hermes (+6.8%).<\/p>\n<p><strong>In the red: <\/strong>Eastern Company (-0.6%).<\/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\/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=\"551800\" 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=\"551800\">\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\">GENDER EQUALITY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/21\/could-renewable-energy-help-narrow-the-gender-gap-in-our-workforce\/\">\r\n                            Could renewable energy help narrow the gender gap in our workforce?                        <\/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\/07\/21\/could-renewable-energy-help-narrow-the-gender-gap-in-our-workforce\/\" 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\/07\/21\/could-renewable-energy-help-narrow-the-gender-gap-in-our-workforce\/')\">\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\/07\/21\/could-renewable-energy-help-narrow-the-gender-gap-in-our-workforce\/\">\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=Could renewable energy help narrow the gender gap in our workforce?&url=https:\/\/enterpriseam.com\/egypt\/2022\/07\/21\/could-renewable-energy-help-narrow-the-gender-gap-in-our-workforce\/\">\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\/07\/21\/could-renewable-energy-help-narrow-the-gender-gap-in-our-workforce\/&title=Could renewable energy help narrow the gender gap in our workforce?\">\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=Could+renewable+energy+help+narrow+the+gender+gap+in+our+workforce%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F07%2F21%2Fcould-renewable-energy-help-narrow-the-gender-gap-in-our-workforce%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\/07\/21\/could-renewable-energy-help-narrow-the-gender-gap-in-our-workforce\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/410.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"551801\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/21\/could-renewable-energy-help-narrow-the-gender-gap-in-our-workforce\/410-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/410.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"410.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/410.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/410.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551800\" class=\"content-area-description single-story post-551800 post type-post status-publish format-standard has-post-thumbnail hentry category-gender-equality tag-energy tag-enterprisepm tag-gender tag-gender-equality tag-labor tag-world-bank wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Could the green energy transition provide an opportunity for more women to join <\/strong><strong>the workforce? <\/strong>Women make up only 10% of the total energy sector workforce in Egypt \u2014 far below the global average of 22%. But as Egypt and other countries in the region focus on expanding their renewable energy capacity in the coming years, there\u2019s a unique opportunity to change this dynamic, according to a <a href=\"https:\/\/ent.news\/2022\/7\/World-Bank-Energy-Women-Employment.pdf\">World Bank report (pdf)<\/a>.<\/p>\n<p><strong>The renewables industry is rapidly growing around the world, with that comes a new opening: <\/strong>The global energy market is expected to grow 44% by 2050. An overwhelming portion of those jobs (some 80%) will be coming from the renewables industry, which appears to be more capable of bringing more women into its workforce than the fossil fuel industry, the report suggests.<\/p>\n<p><strong>There\u2019s a huge economic upside for making sure labor force participation is expanded: <\/strong>GDP in the region could grow 20% by simply closing the existing gender gaps in labor force participation, the report says. Part of this would come from growing the overall size of the labor force. Another part could come from a rise in productivity, which according to existing research occurs when gender diversity increases.<\/p>\n<p><strong>And major losses for inaction: <\/strong>The exclusion of women from the workforce is estimated to be costing the region some USD 575 bn per year, according to the OECD.<\/p>\n<p><strong>More jobs are on the horizon across the board:<\/strong> The green energy transition could add 1.4 - 3.8 mn jobs to the Egyptian economy by 2050, according to the report. Assuming no increase in the current rate of women\u2019s participation in the workforce \u2014 which is currently around 15% \u2014 that would translate to about 210k - 570k new jobs for women, the report estimates.<\/p>\n<p><strong>That figure could be higher amid rising demand for new skills and growing interest among women: <\/strong>Telecommunications, computer science, and artificial intelligence-based skills are becoming increasingly important for the industry and could \u201cleave significant room for empowerment of women in the sector through employment,\u201d the report says. Part of the reason for this is because women have been generally more interested in enrolling in educational programs focused on renewable energy and make up a good chunk (43%) of the country\u2019s STEM graduates, the report explains. Interest in climate issues among women has grown substantially, and is higher up on young women\u2019s priorities than ever before.<\/p>\n<p><strong>Already we\u2019re seeing renewable energy firms in Egypt more likely to hire women in technical roles than their fossil fuel-based counterparts: <\/strong>Overall, some 11% of technical and professional positions in the renewables sector are currently held by women \u2014 double that of the non-renewables industry. The same holds true for plant, machine and assembly operators, which in the renewables sector is 11% occupied by women while only 4% for non-renewables.<\/p>\n<p><strong>But we\u2019re still far from celebrating a win for gender equality: <\/strong>Female representation in renewables globally is currently around 32%, far above the rates we\u2019re seeing here in Egypt and the rest of the region. And while the representation of women in certain kinds of roles within the renewables industry in Egypt is significantly higher than those same jobs in the fossil fuel-based energy sector, the total difference in representation is only about 1%.<\/p>\n<p><strong>How do we stack up against our peers? <\/strong>Compared to neighboring countries in the Gulf and the Levant, we\u2019re not at rock bottom. Saudi Arabia, for example, only has some 5-6% of its energy-related sector positions held by women. The figures are roughly the same for Lebanon, Jordan and Iraq. Compared to Tunisia and Algeria, though \u2014 who have participation rates of some 16-20% and 27%, respectively \u2014 we\u2019re far behind.<\/p>\n<p><strong>A number of structural problems need to first be addressed before any meaningful gains on gender equity are achieved: <\/strong>Expanding recruitment opportunities \u2014 which typically target men \u2014 and ensuring safer and more reliable transport are crucial first steps, the World Bank says. There\u2019s also a serious need for better vocational training and more accessible childcare options for women. Independent professional development networks would also be a huge help in providing guidance and networking opportunities for women looking to join the energy sector.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gender\/\">gender<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gender-equality\/\">GENDER EQUALITY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/labor\/\">labor<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-bank\/\">World Bank<\/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=\"551802\" 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\/07\/21\/551802\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551802\" class=\"content-area-description single-story post-551802 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>JULY<\/strong><\/p>\n<p>July: A law governing ins. for seasonal contractors will come into effect.<\/p>\n<p>21 July (Thursday): The government hosts public consultations on its state ownership policy document with medical device manufacturers.<\/p>\n<p>21 July (Thursday): Launch event for IDG and Art d\u2019Egypte\u2019s Locale cultural festival, e2 Alamein park, Egypt.<\/p>\n<p>21-22 July (Thursday-Friday): The Arab Organisation for Human Rights (AOHR) and Supreme Standing Committee for Human Rights (SSCHR) <a href=\"https:\/\/english.ahram.org.eg\/News\/471632.aspx\">human rights conference<\/a>.<\/p>\n<p>23 July (Saturday): 23 July Revolution national holiday.<\/p>\n<p>24 July (Sunday): The government hosts public consultations on its state ownership policy document with healthcare players.<\/p>\n<p>26 July (Tuesday): The government hosts public consultations on its state ownership policy document with pharma players.<\/p>\n<p>26-27 July (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>28 July (Thursday): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>29 July (Friday): Aleph Commodities shareholder meeting to vote on potential merger with Tenaz Energy Corp.<\/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>August: Sharm El Sheikh will host the African Sumo Championship.<\/p>\n<p>14 August (Sunday): Conference of Egyptian entities abroad.<\/p>\n<p>16 August (Tuesday): MNHD\u2019s general assembly meeting to decide whether to allow SODIC to go ahead with due diligence on its takeover bid.<\/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: <a href=\"https:\/\/bit.ly\/3lshDZX\">Naval Power<\/a>, Egypt\u2019s first naval defense expo<\/p>\n<p>September: Central Bank of Egypt\u2019s Innovation and Financial Technology Center to launch incubator for 25 fintech startups.<\/p>\n<p>September: <a href=\"https:\/\/www.facebook.com\/mift.media\/posts\/pfbid034CjQppGScajHW83ktsmyHavSTQRys9Ezbp9KXCNfPg61XwgzSvHVYi7RfHWxsTESl\">Egyptian-German Joint Economic Committee<\/a>.<\/p>\n<p>September: A delegation from Germany\u2019s Aldi will visit Egypt to look at potential investments.<\/p>\n<p>September: Government to launch an <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0QKmVCxurac4PGgrxGiVR7LN5BgQi5aCPpHahEzKda36Q1obcfw1w2P3M7eVm4Tujl\">international promotional campaign<\/a> for Egyptian tourism.<\/p>\n<p>6-9 September (Tuesday-Friday): Gate Travel Expo 2022, El Kobba Palace, Cairo.<\/p>\n<p>7-9 September (Wednesday-Friday): African Finance Ministers to <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid034TbdNfjuu5yHr2NAycih1ggLyA8CPUgnE4AB8MF3SD1Zpv5rTvBmitm7sb4GyiqDl\">meet in Cairo<\/a> to coordinate an African-led position during COP27.<\/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: Air Sphinx, EgyptAir\u2019s low-cost subsidiary to <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=25062022&id=06c1fc4b-9551-4f6c-a782-70bdec4b30f0\">commence operations<\/a>.<\/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> chaired by CBE Governor Tarek Amer, Washington, DC.<\/p>\n<p>18-20 October (Tuesday-Thursday): Mediterranean Offshore Conference, Alexandria.<\/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): <a href=\"https:\/\/www.autotechegypt.com\/en\/home.html\">Autotech<\/a> auto exhibition, Cairo International Exhibition and Convention Center.<\/p>\n<p>6-18 November (Sunday-Friday): Egypt will host <a href=\"https:\/\/cop27.eg\/\">COP27<\/a> in Sharm El Sheikh.<\/p>\n<p>7-13 November (Mon-Sun): The International University Sports Federation (FISU) <a href=\"https:\/\/www.worldsquash.org\/2022-fisu-world-university-championship-squash-to-take-place-in-egypt\/\">World University<\/a> Squash Championships, New Giza.<\/p>\n<p>21 November-18 December (Monday-Sunday): 2022 Fifa World Cup, Qatar.<\/p>\n<p><strong>DECEMBER<\/strong><\/p>\n<p>13-14 December (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>13-15 December (Tuesday-Thursday): US-Africa Leaders Summit.<\/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>December: The Sixth of October dry port <a href=\"https:\/\/bit.ly\/3u3uB4u\">will begin operations<\/a>.<\/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>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\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":551791,"template":"","categories":[],"tags":[],"class_list":["post-551790","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"febcceb7-fd90-4c40-9ba1-9a69cce78e97","teaser":"","photo_url":"https:\/\/ent.news\/2022\/7\/62.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>Why are so historically obsessed with utopia? - 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\/why-are-so-historically-obsessed-with-utopia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why are so historically obsessed with utopia?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/why-are-so-historically-obsessed-with-utopia\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T23:31:19+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/62.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\/why-are-so-historically-obsessed-with-utopia\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/why-are-so-historically-obsessed-with-utopia\/\",\"name\":\"Why are so historically obsessed with utopia? 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