{"id":551957,"date":"2022-08-02T13:31:23","date_gmt":"2022-08-02T13:31:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=551957"},"modified":"2025-12-15T23:34:57","modified_gmt":"2025-12-15T23:34:57","slug":"how-the-limewire-era-came-to-be","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/how-the-limewire-era-came-to-be\/","title":{"rendered":"How the LimeWire era came to be"},"content":{"rendered":"<section id=\"551959\" 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=\"551959\">\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\/08\/02\/this-evening-cement-production-quotas-are-sticking-around-nuca-could-make-egypts-biggest-ever-securitized-bond-sale-plus-all-eyes-are-on-taiwan-amid-pelosi-trip\/\">\r\n                            THIS EVENING: Cement production quotas are sticking around + NUCA could make Egypt\u2019s biggest-ever securitized bond sale. Plus: All eyes are on Taiwan amid Pelosi trip.                        <\/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\/08\/02\/this-evening-cement-production-quotas-are-sticking-around-nuca-could-make-egypts-biggest-ever-securitized-bond-sale-plus-all-eyes-are-on-taiwan-amid-pelosi-trip\/\" 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\/08\/02\/this-evening-cement-production-quotas-are-sticking-around-nuca-could-make-egypts-biggest-ever-securitized-bond-sale-plus-all-eyes-are-on-taiwan-amid-pelosi-trip\/')\">\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\/08\/02\/this-evening-cement-production-quotas-are-sticking-around-nuca-could-make-egypts-biggest-ever-securitized-bond-sale-plus-all-eyes-are-on-taiwan-amid-pelosi-trip\/\">\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: Cement production quotas are sticking around + NUCA could make Egypt\u2019s biggest-ever securitized bond sale. Plus: All eyes are on Taiwan amid Pelosi trip.&url=https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/this-evening-cement-production-quotas-are-sticking-around-nuca-could-make-egypts-biggest-ever-securitized-bond-sale-plus-all-eyes-are-on-taiwan-amid-pelosi-trip\/\">\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\/08\/02\/this-evening-cement-production-quotas-are-sticking-around-nuca-could-make-egypts-biggest-ever-securitized-bond-sale-plus-all-eyes-are-on-taiwan-amid-pelosi-trip\/&title=THIS EVENING: Cement production quotas are sticking around + NUCA could make Egypt\u2019s biggest-ever securitized bond sale. Plus: All eyes are on Taiwan amid Pelosi trip.\">\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+Cement+production+quotas+are+sticking+around+%2B+NUCA+could+make+Egypt%E2%80%99s+biggest-ever+securitized+bond+sale.+Plus%3A+All+eyes+are+on+Taiwan+amid+Pelosi+trip.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F08%2F02%2Fthis-evening-cement-production-quotas-are-sticking-around-nuca-could-make-egypts-biggest-ever-securitized-bond-sale-plus-all-eyes-are-on-taiwan-amid-pelosi-trip%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\/08\/02\/this-evening-cement-production-quotas-are-sticking-around-nuca-could-make-egypts-biggest-ever-securitized-bond-sale-plus-all-eyes-are-on-taiwan-amid-pelosi-trip\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551959\" class=\"content-area-description single-story post-551959 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-cement tag-debt-watch tag-enterprisepm tag-global-affairs tag-nancy-pelosi tag-securitization tag-what-were-tracking-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Happy hump day, wonderful people.<\/strong> It\u2019s a bit of a news dump day here in Omm El Donia, while global eyes are fixed firmly on China and Taiwan as US House Speaker Nancy Pelosi is due to land in Taipei later today.<\/p>\n<p><strong>THE BIG STORIES TODAY<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>#1- Caps on cement <\/strong><strong>production are staying in place for another year \u2014 though the <\/strong><strong>industry is set to see some supply hikes: <\/strong>The Egyptian Competition Authority has agreed to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/45b08953-91ff-4997-92ca-50361134c7f2\">cement companies\u2019 calls<\/a>to extend caps on production brought in last summer for another year, Ahmed Shereen Korayem, head of the cement division in the building materials chamber of the Federation of Egyptian Industries, told Enterprise.<\/p>\n<p><strong>#2- NUCA could make the local market\u2019s biggest-ever securitized bond issuance: <\/strong>The Financial Regulatory Authority (FRA) is reviewing a request by the New Urban Communities Authority (NUCA) to issue EGP 20 bn in securitized bonds, the authority said in a <a href=\"https:\/\/ent.news\/2022\/8\/FRA-AR-PR.pdf\">statement (pdf)<\/a>. If approved, the issuance would be the largest in the history of the local market, and would bring total securitized bond issuances since the start of the year to EGP 30 bn, the FRA said.<\/p>\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><strong>The global business press in its entirety is fixated this afternoon on US House Speaker<\/strong><strong> Nancy Pelosi\u2019s trip to Taiwan.<\/strong> The <a href=\"https:\/\/www.ft.com\/content\/50f56242-2bd7-44c6-8878-a755ad1e3043\">Financial Times<\/a> and <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/pelosi-expected-arrive-taiwan-tuesday-sources-say-2022-08-02\/\">Reuters<\/a> are leading with China\u2019s military activity near the Taiwan Strait, while the <a href=\"https:\/\/www.wsj.com\/livecoverage\/stock-market-news-today-08-02-2022?mod=hp_lead_pos1\">Wall Street Journal<\/a> takes note of the market downturn ahead of Pelosi landing in Taipei this evening. The potential political, diplomatic, and military ramifications of the trip are the key points of interest for <a href=\"https:\/\/www.cnbc.com\/2022\/08\/02\/white-house-struggles-to-insulate-bidens-china-policy-from-pelosis-taiwan-trip.html\">CNBC<\/a> and <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-02\/this-is-how-china-could-hit-back-over-pelosi-s-taiwan-visit?srnd=premium-middle-east#xj4y7vzkg\">Bloomberg<\/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>Maait shoots down talk of a USD 15 bn IMF loan:<\/strong> \u201cThat figure is completely inaccurate,\u201d Finance Minister <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1ec7aa48-f76a-4437-9a79-f8670efc25d6\">Mohamed Maait said<\/a> when asked if Egypt is requesting a USD 15 bn loan from the international lender.<\/li>\n<li><strong>Emirati real estate giant Aldar Properties still <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4d0ca728-f746-4838-aa18-74e12e018428\">sees potential<\/a><\/strong><strong> to invest another USD 1.5 bn in Egypt, Saudi Arabia and the UAE<\/strong> over the next 6-12 months despite a higher interest rate environment, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4d0ca728-f746-4838-aa18-74e12e018428\">CEO Talal Al Dhiyebi said<\/a>.<\/li>\n<li><strong>Homzmart just closed one of Egypt\u2019s largest funding rounds this year:<\/strong> Furniture and home goods marketplace Homzmart <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3f62c288-526b-485e-a4e7-5a104484d37b\">has closed<\/a> a USD 23 mn pre-series B round.<\/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>FOR TOMORROW-<\/strong><\/p>\n<p><strong>Our friends at Chimera should find out tomorrow how much of Beltone Financial they <\/strong><strong>have acquired <\/strong>via a mandatory tender offer. Shareholders have until Wednesday, 3 August, to subscribe to Chimera Investment\u2019s MTO for the financial services firm. The Abu Dhabi-based outfit has already locked in a 56% stake in Beltone after Orascom Financial <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8d08b767-4583-4e55-bec6-5c9c8aca0637\">last week agreed to sell its shares<\/a>. Chimera is <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/87891e6c-e1e4-43e2-b979-03cc61acde2a\">offering to pay EGP 1.485 per share<\/a> for up to 90% of Beltone, valuing it at around EGP 690 mn.<\/p>\n<p><strong>PMI figures are out tomorrow: <\/strong>We\u2019ll get an idea of how the private sector fared in July when S&P Global releases its latest purchasing managers\u2019 index (PMI) tomorrow. The index fell to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/45596e8c-f127-4f62-b1cb-402f45ae4a0b\">its lowest level in two years in June<\/a> as surging inflation hit demand and output.<\/p>\n<p><strong>National Dialogue board will talk about the economy:<\/strong> The board of trustees overseeing preparations for the National Dialogue will meet tomorrow to discuss the economic agenda.<\/p>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>We\u2019re on the lookout for a number of key macro figures <\/strong>this week and next:<\/p>\n<ul>\n<li><strong>Foreign reserves figures<\/strong> for July will likely be released at the end of this week or the beginning of the next;<\/li>\n<li><strong>Inflation data<\/strong> for July will land on Wednesday, 10 August.<\/li>\n<\/ul>\n<p><strong>The Central Bank of Egypt will meet to discuss interest rates<\/strong> on Thursday, 18 August.<\/p>\n<p>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>The internet is going to be more or less the same tomorrow as it is today: Our favorite weather app tells us to expect a daytime high of 37\u00b0C and a nighttime low of 24\u00b0C.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cement\/\">cement<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt-watch\/\">debt watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/global-affairs\/\">global affairs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nancy-pelosi\/\">Nancy Pelosi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/securitization\/\">securitization<\/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=\"551960\" 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=\"551960\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/551960\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551960\" class=\"content-area-description single-story post-551960 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=\"551961\" 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=\"551961\">\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\/08\/02\/quarter-life-crises-are-real-governments-are-getting-in-on-the-metaverse-game\/\">\r\n                            Quarter-life crises are real + Governments are getting in on the metaverse game                        <\/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 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crises are real + Governments are getting in on the metaverse game\">\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=Quarter-life+crises+are+real+%2B+Governments+are+getting+in+on+the+metaverse+game+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F08%2F02%2Fquarter-life-crises-are-real-governments-are-getting-in-on-the-metaverse-game%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\/08\/02\/quarter-life-crises-are-real-governments-are-getting-in-on-the-metaverse-game\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/481.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"551962\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/quarter-life-crises-are-real-governments-are-getting-in-on-the-metaverse-game\/481-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/481.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"481.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/481.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/481.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551961\" class=\"content-area-description single-story post-551961 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-enterprisepm tag-for-your-commute tag-health tag-indonesia tag-metanesia tag-metaverse tag-young-people 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-02\"><\/a> <strong>Young people are increasingly experiencing a \u201cquarter-life crisis\u201d filled with anxiety,<\/strong><strong> depression, anguish and disorientation.<\/strong> Much like reaching your 40s and experiencing a midlife crisis, quarterlife can bring its own set of challenges like forging your own sense of self and separating from your parents or caregivers, therapist Satya Doyle Byock tells the <a href=\"https:\/\/www.nytimes.com\/2022\/07\/29\/well\/family\/quarter-life-crisis.html\">New York Times<\/a>.<\/p>\n<p><strong>Deviating from the script:<\/strong> Previous generations followed a pattern of sorts with young people graduating from college, marrying, and raising a family. In today\u2019s world, young people tend to experience \u201cextended adolescence\u201d due to rising costs, crushing debt, a climate crisis, and a prolonged multiyear pandemic, which have come together to make them unable to plan long term. To navigate a \u201cquarter-life crisis,\u201d psychologists are setting long term goals like healthy eating and exercise, balancing between day-to-day tasks and creative passions, and not being afraid of the big changes like changing career paths or moving to a new city.<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>First <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eee5bdf2-e1dc-419f-b6a0-aa73ab54052e\">Metaverse Seoul<\/a><\/strong><strong>, now metaNesia \u2014 the metaverse is reeling in governments, too: <\/strong>Indonesia has created its own metaverse under a bid to vie with Facebook and Google, State-Owned Enterprises Minister Erick Thohir said, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-01\/indonesia-launches-own-metaverse-to-promote-its-small-businesses?srnd=premium-middle-east#xj4y7vzkg\">Bloomberg<\/a>. PT Telkom, the country\u2019s state-run telecommunications company, launched \u201cmetaNesia,\u201d a virtual platform that is meant to help push operating micro, small and medium enterprises (MSMEs) amid a rapidly-altering online landscape. While the details are scant, Thohir said metaNesia will be home to small businesses showcasing products on a level of other leading foreign businesses. It will also include a Metaverse Mall and a Metaverse concert, he said, with plans to host an NFT marketplace and others later this year.<\/p>\n<p><strong>Not what we\u2019re talking about?<\/strong> Check our explainers on NFTs and the metaverse (<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4f8584ee-f227-43cf-8d72-9d601d2b01e1\">here<\/a>and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/519da186-071b-4f5a-8fc4-50544543f384\">here<\/a>).<\/p>\n<p><strong>Income is king in volatile markets:<\/strong> Equities may have been doing a little better in recent days \u2014 but that doesn\u2019t mean investors are returning to riskier asset classes amid a rally prompted by the US Federal Reserve\u2019s latest bumper rate hike, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-07-30\/income-obsession-sweeps-across-asset-classes-as-stocks-swerve?srnd=premium-middle-east#xj4y7vzkg\">Bloomberg<\/a> reports. Last week\u2019s 75-bps hike prompted the biggest two-day rally ever for US stocks as traders bet that the US central bank may have reached peak tightening. But the S&P 500 is still down 13% YTD, recessionary fears on high inflation have not dissipated, and risk-off sentiment remains \u2014 meaning some of the biggest inflows are going to high-earning, dependable assets like dividend-focused exchange traded funds (ETFs), treasuries, and high-grade corporate bonds, the newswire reports.<\/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\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n           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239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"551964\" 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=\"551964\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ENTERPRISE RECOMMENDS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/the-relentless-world-of-morning-television-il-divino-has-your-next-pizza-party-covered-plus-the-rise-of-the-limewire-era\/\">\r\n                            The relentless world of morning television + Il Divino has your next pizza party covered. Plus: The rise of the LimeWire era.                        <\/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\/08\/02\/the-relentless-world-of-morning-television-il-divino-has-your-next-pizza-party-covered-plus-the-rise-of-the-limewire-era\/\" 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\/08\/02\/the-relentless-world-of-morning-television-il-divino-has-your-next-pizza-party-covered-plus-the-rise-of-the-limewire-era\/')\">\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\/08\/02\/the-relentless-world-of-morning-television-il-divino-has-your-next-pizza-party-covered-plus-the-rise-of-the-limewire-era\/\">\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=The relentless world of morning television + Il Divino has your next pizza party covered. 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The series, which premiered in 2019, starts the first season with the abrupt firing of popular morning show co-host Mitch Kessler (played by Steve Carrell) following allegations of sexual misconduct against him go public amid the #MeToo movement. His co-host of 15 years, Alex (Jennifer Aniston), and the show\u2019s network scramble to address the scandal, and to replace the disgraced anchor with someone who can give ratings a much needed boost. Eventually, the network settles on an inexperienced field reporter, Bradley (Reese Witherspoon). The show\u2019s second season tackles issues of homophobia with Bradley struggling with her identity, how covid-19 upturned entire industries, and cancel culture as Kessler spends his meaningless days in a mansion in Italy. The show has been renewed for a third season, but no release date has been announced yet.<\/p>\n<p>\u26bd<strong>The Egyptian Premier League-<\/strong> Al Mokawloon face off against Future at 6:30pm tonight.<\/p>\n<p><strong>? EAT THIS TONIGHT- <\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong><a href=\"https:\/\/www.facebook.com\/Ildivinopizzeria\/\">Il Divino Pizzeria<\/a><\/strong><strong> has your next pizza party covered: <\/strong>Il Divino specializes in homemade wood-fired oven pizzas, with crispy crusts. Their menu includes appetizers, salads, sandwiches, a variety of mains, and even dessert, but pizza remains the star of the show. It is refreshing to eat a slice of pizza that isn\u2019t smothered in an excessive amount of cheese, so you are able to fully appreciate the crust, the tomato sauce, and the toppings equally. The crust is thin and airy and the sauce to cheese ratio is balanced so slices are not too rich. We recommend the funghi pizza and the vegetable pizza that\u2019s topped with mozzarella cheese, mushrooms, red and green pepper, onions, olives and tomatoes. Il Divino has branches on both the east and west ends of Cairo, as well as Zamalek, Uptown Cairo, Maadi, and Heliopolis, and two Sahel branches in Telal and La Vista Bay.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><br \/> (all times CLT)<\/p>\n<p><strong><a href=\"https:\/\/www.facebook.com\/events\/431798379010412\/\">Classic Live Night<\/a><\/strong><strong> by LetsGoBig at Room Art Space New Cairo<\/strong> will feature 14 artists performing pop hits but with a classical twist, a piano accompaniment.<\/p>\n<p><strong><a href=\"https:\/\/www.facebook.com\/events\/1074684323172219\/1074684353172216\/\">The Return<\/a><\/strong><strong> is an exhibition featuring more than 20 Egyptian contemporary artists<\/strong> runs through August 15th at the Arts\u2019 Hub Gallery in Zamalek.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>The story of the Limewire era:<\/strong> The invention of the mp3 format for audio files by German audio engineers paved the way for an era in which pretty much all the music ever recorded became available to download online without charge. It\u2019s a story you think you know \u2014 and probably lived through most of it, but the intertwining storylines that led to the world of online music downloads and streaming are far more complex. <a href=\"https:\/\/www.amazon.com\/How-Music-Got-Free-Obsession\/dp\/0143109340\">How Music Got Free: A Story of Obsession and Invention<\/a> by journalist Stephen Witt chronicles the chain of events, starting with the invention of the mp3 and all the crime and manipulation that followed.<\/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\/eat-this-tonight\/\">Eat This Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"551966\" 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=\"551966\">\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\/08\/02\/the-market-on-2-august-2022\/\">\r\n                            The market on 2 August 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\/08\/02\/the-market-on-2-august-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\/08\/02\/the-market-on-2-august-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\/08\/02\/the-market-on-2-august-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=The market on 2 August 2022&url=https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/the-market-on-2-august-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\/08\/02\/the-market-on-2-august-2022\/&title=The market on 2 August 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=The+market+on+2+August+2022+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F08%2F02%2Fthe-market-on-2-august-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\/08\/02\/the-market-on-2-august-2022\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551966\" class=\"content-area-description single-story post-551966 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 0.2% at today\u2019s close<\/strong> on turnover of EGP 343,84 mn (57.7% below the 90-day average). Foreign investors were net sellers. The index is down 21% YTD.<\/p>\n<p><strong>In the green: <\/strong>QNB Alahli (+10.1%), Ibnsina Pharma (+7.1%) and Qalaa Holdings (+5.6%).<\/p>\n<p><strong>In the red: <\/strong>CIB (-2.1%), Cleopatra Hospitals (-1.9%) and Telecom Egypt (-1.3%).<\/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=\"551967\" 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=\"551967\">\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\/08\/02\/meet-our-founder-of-the-week-mahmoud-talaat-ceo-and-co-founder-of-cartona\/\">\r\n                            Meet our founder of the week: Mahmoud Talaat, CEO and co-founder of Cartona                        <\/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\/08\/02\/meet-our-founder-of-the-week-mahmoud-talaat-ceo-and-co-founder-of-cartona\/\" 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\/08\/02\/meet-our-founder-of-the-week-mahmoud-talaat-ceo-and-co-founder-of-cartona\/')\">\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\/08\/02\/meet-our-founder-of-the-week-mahmoud-talaat-ceo-and-co-founder-of-cartona\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Meet our founder of the week: Mahmoud Talaat, CEO and co-founder of Cartona&url=https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/meet-our-founder-of-the-week-mahmoud-talaat-ceo-and-co-founder-of-cartona\/\">\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\/08\/02\/meet-our-founder-of-the-week-mahmoud-talaat-ceo-and-co-founder-of-cartona\/&title=Meet our founder of the week: Mahmoud Talaat, CEO and co-founder of Cartona\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Meet+our+founder+of+the+week%3A+Mahmoud+Talaat%2C+CEO+and+co-founder+of+Cartona+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F08%2F02%2Fmeet-our-founder-of-the-week-mahmoud-talaat-ceo-and-co-founder-of-cartona%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\/08\/02\/meet-our-founder-of-the-week-mahmoud-talaat-ceo-and-co-founder-of-cartona\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/483.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"551968\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/meet-our-founder-of-the-week-mahmoud-talaat-ceo-and-co-founder-of-cartona\/483-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/483.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"483.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/483.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/483.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551967\" class=\"content-area-description single-story post-551967 post type-post status-publish format-standard has-post-thumbnail hentry category-founder-of-the-week tag-cartona tag-enterprisepm tag-founder-of-the-week tag-mahmoud-talaat tag-startups 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>OUR FOUNDER OF THE WEEK-<\/strong> Mahmoud Talaat, CEO, and co-founder of Cartona (<a href=\"https:\/\/www.linkedin.com\/in\/mahmoud-talaat-a170a4130\/\">LinkedIn<\/a>).<\/p>\n<p><strong>My name is Mahmoud Talaat and I am the CEO and co-founder of <\/strong><strong><a href=\"https:\/\/cartona.com\/\">Cartona<\/a><\/strong><strong>. <\/strong>Cartona is actually my third entrepreneurial endeavor. My first job was at Lamar in 2012, back when it was still a startup and the products had not yet been launched. As CCO, my job was to ensure that the new products were fully distributed in the market. I handled the operations for many warehouses and created an indirect distribution network.<\/p>\n<p><strong>I founded <\/strong><strong><a href=\"https:\/\/speakol.com\/\">Speakol<\/a><\/strong><strong>back in 2017 while I was still working at Lamar, and it is a fully bootstrapped startup that is profitable.<\/strong> Speakol is a native advertising platform that connects publishers with advertisers. We currently operate in Egypt, Saudi Arabia, and the UAE, and are a leading native advertising platform, generating around 2 bn paid views each month.<\/p>\n<p><strong>We founded Cartona to tackle a problem that I personally encountered during my time at Lamar. <\/strong>Part of my role was ensuring that the products made it to as many supermarkets, small grocery stores, and kiosks across the country as possible. The process is very straightforward with large supermarkets such as Carrefour or Metro: You pay the listing and marketing fees, and rent out shelf space. The issue is that these large supermarkets only make up around a quarter of the market; the majority is made up of around 400k small mom-and-pop stores.<\/p>\n<p><strong>Without any tech, the only way companies can reach these small retailers is by having vans physically pass by each store with products.<\/strong> The entire process depends on these stores\u2019 liquidity availability and demand on a given day. I encountered instances where a retailer would want the products, but would be strapped for cash and unable to pay, rendering the visit unsuccessful. The entire process is just inefficient.<\/p>\n<p><strong>Cartona helps facilitate this process through its marketplace that directly connects retailers to FMCG producers and wholesalers. <\/strong>We do not own warehouses or cars; we are an asset-light marketplace. Suppliers list their products, prices, and details regarding delivery on the platform. Retailers can then compare prices (products can often have several prices in Egypt) from their end and place an order. Pre-ordering allows for a more streamlined and efficient process that cuts down on producers\u2019 and wholesalers\u2019 costs, which in turn allows them to offer retailers better prices.<\/p>\n<p><strong>Retailers were a lot easier to get on board with the new technology initially because the value proposition for them is extremely clear.<\/strong> They get to compare prices, when before they did not have that price visibility. Wholesalers and big multinationals were a bit more difficult to convince since we charge a commission on each order (though we don\u2019t charge an initial fee for them to list their products). As we signed on more suppliers and reached an equilibrium between the number of retailers and suppliers, we were able to achieve the flywheel effect.<\/p>\n<p><strong>The most important KPIs that I look at are retention and positive margins. <\/strong>They are both extremely important because they tie back to your value proposition. Repeat customers indicate customer satisfaction with the service we are providing. From day one, positive margins were something that I'm really conservative about. I believe that if you\u2019re really solving a problem, there is value in that, and your customers will be willing to pay money for your service. Positive margins indicate that you're bringing something to the table.<\/p>\n<p><strong>I gave up working at my family business, the Talaat Moustafa Group, which owns and operates a multitude of businesses.<\/strong> I always saw myself working in the family business and I did that for a while after university, but around a year in it was very apparent to me that I wanted to build something from the ground up. So, although it was a big sacrifice and a difficult step, it was one I was excited to take. My family initially struggled to accept my decision but supported me when they saw how passionate I was about building Cartona.<\/p>\n<p><strong>To date, Cartona has raised around USD 17 mn:<\/strong> We recently <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/df005115-4fbf-478b-b874-0786fc7698b5\">raised USD 12 mn<\/a> in our series A round, led by VC firm Silicon Badia. Finance in Motion, Global Ventures, KfW\u2019s Sanad Fund, Arab Bank Accelerator, Sunny Side Ventures, Global Ventures, and Kepple Ventures have all invested. I could have convinced my family to invest in Cartona, but I chose the VC and institutional investor route because of the value they bring. They help us think big and set benchmarks, as well as advise and mentor us, which is great added value.<\/p>\n<p><strong>Our short-term goal, with our latest funding and focus on FMCGs, is to be profitable by 2024.<\/strong> In the long run, we want companies to stop viewing Cartona as a third party but rather as an extension to their sales force or distribution arm. We would achieve this by fully integrating with companies and wholesalers in their ERP. They would not even have to look at our dashboards:Everything would be integrated into their systems, though that would require a big investment in technology. With this integration, we would be able to tackle other markets: I believe this solution would work in many markets in Africa, Southeast Asia, and even South America.<\/p>\n<p><strong>In my spare time, I enjoy playing football.<\/strong> I actually attended Northeastern University in Boston on a football scholarship. The issue with building a startup is that you struggle to take time off to relax. You\u2019re constantly thinking about the business. These days, if I\u2019m not working, I\u2019m spending time with my family and my kids. I also enjoy reading and usually read a book every month. I\u2019m currently reading <a href=\"https:\/\/www.goodreads.com\/book\/show\/759945.The_Magic_of_Thinking_Big\">The Magic of Thinking Big<\/a>, which is all about positive thinking.<\/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\/cartona\/\">Cartona<\/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\/mahmoud-talaat\/\">Mahmoud Talaat<\/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=\"551969\" 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\/08\/02\/551969\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551969\" class=\"content-area-description single-story post-551969 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>AUGUST<\/strong><\/p>\n<p>Late July-14 August: 2Q2022 earnings season.<\/p>\n<p>August: Work to extend the capacity of the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3a67dcca-de16-4313-b330-60fc1a21e6db\">Egypt-Sudan electricity interconnection<\/a> to 600 MW to be completed.<\/p>\n<p>August: Sharm El Sheikh will host the African Sumo Championship.<\/p>\n<p>2-4 August (Tuesday-Thursday): First regional climate roundtable, Addis Ababa, Ethiopia.<\/p>\n<p>2 August (Tuesday): The government hosts public consultations on its state ownership policy document with textiles players.<\/p>\n<p>3 August (Wednesday): Deadline for Beltone shareholders to respond to Chimera MTO.<\/p>\n<p>3 August (Wednesday): National Dialogue board of trustees meets to discuss economic agenda.<\/p>\n<p>3 August (Wednesday): OPEC+ meeting.<\/p>\n<p>4 August (Thursday): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>7 August (Sunday): The government hosts public consultations on its state ownership policy document with pre-K and K12 education players.<\/p>\n<p>9 August (Tuesday): The government hosts public consultations on its state ownership policy document with higher education players.<\/p>\n<p>11 August (Sunday): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>14 August (Sunday): Conference of Egyptian entities abroad.<\/p>\n<p>14 August (Sunday): Retail portion of Ghazl El Mahalla IPO ends.<\/p>\n<p>14 August (Sunday): The government hosts public consultations on its state ownership policy document with finance and ins. players.<\/p>\n<p>16 August (Tuesday): The government hosts public consultations on its state ownership policy document with wood manufacturers.<\/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): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>18 August (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>23 August (Tuesday): The government hosts public consultations on its state ownership policy document with chemical producers.<\/p>\n<p>25 August (Thursday): Second regional climate roundtable, Bangkok, Thailand.<\/p>\n<p>25 August (Thursday): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>25-27 August (Thursday-Saturday): <a href=\"https:\/\/www.kansascityfed.org\/research\/jackson-hole-economic-symposium\/\">Jackson Hole Economic Symposium<\/a>.<\/p>\n<p>28 August (Sunday): The government hosts public consultations on its state ownership policy document with mining and petroleum refining players.<\/p>\n<p>30 August (Tuesday): The government hosts public consultations on its state ownership policy document with minerals players.<\/p>\n<p>31 August (Wednesday): <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a7f89a2f-4c16-45fd-be3d-952c1caf480f\">Late tax payment deadline<\/a>.<\/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>1 September (Thursday): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>1-2 September (Thursday-Friday): Third regional climate roundtable, Santiago, Chile.<\/p>\n<p>4 September (Sunday): The government hosts public consultations on its state ownership policy document with electricity players.<\/p>\n<p>6 September (Tuesday): The government hosts public consultations on its state ownership policy document with building and construction players.<\/p>\n<p>6-9 September (Tuesday-Friday): Gate Travel Expo 2022, El Qubba 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>8 September (Thursday): The government hosts public consultations on its state ownership policy document with experts and think tanks.<\/p>\n<p>11 September (Sunday): The government hosts public consultations on its state ownership policy document with accommodation and food services players.<\/p>\n<p>13 September (Tuesday): The government hosts public consultations on its state ownership policy document with sports industry players.<\/p>\n<p>11-13 September (Tuesday-Thursday): <a href=\"https:\/\/ed-forum.org\/\">Environment and Development Forum (EDF)<\/a>, InterContinental City Stars, Cairo.<\/p>\n<p>15 September (Thursday): The government hosts public consultations on its state ownership policy document with water and sewage utilities players.<\/p>\n<p>15 September (Thursday): Fourth regional climate roundtable, Beirut, Lebanon.<\/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 September (Tuesday): Fifth regional climate roundtable, Geneva, Switzerland.<\/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>1 October (Saturday): 2022- 2023 academic year begins for public universities.<\/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 November (Monday): The inauguration of the first line of the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e2356273-f17c-4a5b-a987-663aab9a2e29\">high-speed rail<\/a>.<\/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>7 January (Saturday): Coptic Christmas.<\/p>\n<p>25 January (Wednesday): 25 January revolution anniversary \/ Police Day.<\/p>\n<p>26 January (Thursday): National holiday in observance of 25 January revolution anniversary \/ Police Day.<\/p>\n<p><strong>FEBRUARY 2023<\/strong><\/p>\n<p>11 February (Saturday): Second semester of 2022-2023 academic year begins for public universities.<\/p>\n<p><strong>MARCH 2023<\/strong><\/p>\n<p>March: 4Q2022 earnings season.<\/p>\n<p>23 March (Wednesday) \u2014 First day of Ramadan (TBC). Maghreb will be at 6:08pm CLT.<\/p>\n<p><strong>APRIL 2023<\/strong><\/p>\n<p>17 April (Monday): Sham El Nessim.<\/p>\n<p>22 April (Saturday): Eid El Fitr (TBC).<\/p>\n<p>25 April (Tuesday): Sinai Liberation Day.<\/p>\n<p>27 April (Thursday): National holiday in observance of Sinai Liberation Day (TBC).<\/p>\n<p>Late April \u2013 15 May: 1Q2023 earnings season.<\/p>\n<p><strong>MAY 2023<\/strong><\/p>\n<p>1 May (Monday): Labor Day.<\/p>\n<p>4 May (Thursday) National holiday in observance of Labor Day (TBC).<\/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>JUNE 2023<\/strong><\/p>\n<p>28 June-2 July (Wednesday-Sunday): Eid El Adha (TBC).<\/p>\n<p>30 June (Friday): June 30 Revolution Day.<\/p>\n<p><strong>JULY 2023<\/strong><\/p>\n<p>18 July (Tuesday): Islamic New Year.<\/p>\n<p>20 July (Thursday): National holiday in observance of Islamic New Year (TBC).<\/p>\n<p>23 July (Sunday): Revolution Day.<\/p>\n<p>27 July (Thursday): National holiday in observance of Revolution Day.<\/p>\n<p>Late July-14 August: 2Q2023 earnings season.<\/p>\n<p><strong>SEPTEMBER 2023<\/strong><\/p>\n<p>26 September (Tuesday): Prophet Muhammad\u2019s birthday (TBC).<\/p>\n<p>28 September (Thursday): National holiday in observance of Prophet Muhammad\u2019s birthday (TBC).<\/p>\n<p><strong>OCTOBER 2023<\/strong><\/p>\n<p>6 October (Friday): Armed Forces Day.<\/p>\n<p>Late October-14 November: 3Q2023 earnings season.<\/p>\n<p><strong>EVENTS WITH NO SET DATE <\/strong><\/p>\n<p>2H 2022: The inauguration of the Grand Egyptian Museum.<\/p>\n<p>2H 2022: <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>2H 2022: The government will have vaccinated 70% of the population.<\/p>\n<p>3Q 2022: Ayady\u2019s consumer financing arm, The Egyptian Company for Consumer Finance Services, to release its first financing product.<\/p>\n<p>3Q 2022: Swvl to close <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53e17b15-78b9-421a-81f5-9d3d5ee0227d\">acquisition of<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53e17b15-78b9-421a-81f5-9d3d5ee0227d\">Urbvan<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53e17b15-78b9-421a-81f5-9d3d5ee0227d\">Mobility<\/a>.<\/p>\n<p>4Q 2022: Infinity + Africa Finance Corporation to close acquisition of Lekela Power.<\/p>\n<p>End of 2022: Decent Life first phase scheduled for completion.<\/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>1Q 2023: Adnoc Distribution\u2019s acquisition of 50% of TotalEnergies Egypt to close.<\/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":551958,"template":"","categories":[],"tags":[],"class_list":["post-551957","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"20321000-fe8f-422b-8055-e12d0eed6b0e","teaser":"","photo_url":"https:\/\/ent.news\/2022\/8\/51.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>How the LimeWire era came to be - 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\/how-the-limewire-era-came-to-be\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How the LimeWire era came to be\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/how-the-limewire-era-came-to-be\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T23:34:57+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/51.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\/how-the-limewire-era-came-to-be\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/how-the-limewire-era-came-to-be\/\",\"name\":\"How the LimeWire era came to be - 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