{"id":551977,"date":"2022-08-03T14:04:57","date_gmt":"2022-08-03T14:04:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=551977"},"modified":"2025-12-15T23:35:25","modified_gmt":"2025-12-15T23:35:25","slug":"get-inked-to-track-your-vitals","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/get-inked-to-track-your-vitals\/","title":{"rendered":"Get inked to track your vitals"},"content":{"rendered":"<section id=\"551979\" 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=\"551979\">\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\/03\/this-evening-pmi-is-up-but-still-in-contraction-chimera-mto-for-beltone-closes-plus-opec-pushes-through-minuscule-supply-increase\/\">\r\n                            THIS EVENING: PMI is up, but still in contraction + Chimera MTO for Beltone closes. Plus: OPEC+ pushes through \u201cminuscule\u201d supply increase                        <\/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\/03\/this-evening-pmi-is-up-but-still-in-contraction-chimera-mto-for-beltone-closes-plus-opec-pushes-through-minuscule-supply-increase\/\" 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\/03\/this-evening-pmi-is-up-but-still-in-contraction-chimera-mto-for-beltone-closes-plus-opec-pushes-through-minuscule-supply-increase\/')\">\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\/03\/this-evening-pmi-is-up-but-still-in-contraction-chimera-mto-for-beltone-closes-plus-opec-pushes-through-minuscule-supply-increase\/\">\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: PMI is up, but still in contraction + Chimera MTO for Beltone closes. Plus: OPEC+ pushes through \u201cminuscule\u201d supply increase&url=https:\/\/enterpriseam.com\/egypt\/2022\/08\/03\/this-evening-pmi-is-up-but-still-in-contraction-chimera-mto-for-beltone-closes-plus-opec-pushes-through-minuscule-supply-increase\/\">\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\/03\/this-evening-pmi-is-up-but-still-in-contraction-chimera-mto-for-beltone-closes-plus-opec-pushes-through-minuscule-supply-increase\/&title=THIS EVENING: PMI is up, but still in contraction + Chimera MTO for Beltone closes. Plus: OPEC+ pushes through \u201cminuscule\u201d supply increase\">\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+PMI+is+up%2C+but+still+in+contraction+%2B+Chimera+MTO+for+Beltone+closes.+Plus%3A+OPEC%2B+pushes+through+%E2%80%9Cminuscule%E2%80%9D+supply+increase+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F08%2F03%2Fthis-evening-pmi-is-up-but-still-in-contraction-chimera-mto-for-beltone-closes-plus-opec-pushes-through-minuscule-supply-increase%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\/03\/this-evening-pmi-is-up-but-still-in-contraction-chimera-mto-for-beltone-closes-plus-opec-pushes-through-minuscule-supply-increase\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551979\" class=\"content-area-description single-story post-551979 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-beltone-financial tag-chimera-investments tag-economy tag-enterprisepm tag-pmi tag-what-were-tracking-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good afternoon, ladies and gentlemen.<\/strong> We told you this morning to expect another busy news day, and so far it appears that our crystal balls were quite accurate.<\/p>\n<p><strong>THE BIG STORIES TODAY<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>PMI rises, but we\u2019re still in contraction territory:<\/strong> Activity in Egypt\u2019s non-oil private sector improved at the fastly monthly pace in July, but remained in contraction territory, according to S&P Global\u2019s <a href=\"https:\/\/ent.news\/2022\/8\/PMI_Egypt.pdf\">purchasing managers\u2019 index (pdf)<\/a>. Our PMI reading rose to 46.4 last month, up from 45.2 in June \u2014 which had been the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/45596e8c-f127-4f62-b1cb-402f45ae4a0b\">worst reading in two years<\/a> \u2014 as employment stabilized, inflation softened, and the rate of decline of output and new orders also decelerated.<\/p>\n<p><strong>Chimera Investments is getting c.56% of Beltone Financial<\/strong>, after the Abu Dhabi-based investment firm\u2019s mandatory tender offer (MTO) for Beltone closed today. Orascom Financial Holding <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8d08b767-4583-4e55-bec6-5c9c8aca0637\">agreed last week<\/a> to sell its entire 56% stake in the financial services firm, which automatically cleared Chimera\u2019s takeover bid by surpassing the 51% threshold needed for the transaction to go through.<\/p>\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><strong>The global business press is still all about US House Speaker Nancy Pelosi\u2019s trip to<\/strong><strong> Taiwan this afternoon.<\/strong> Pelosi showered Taiwan with praise and vowed the US\u2019 commitment to defending democracy in Taiwan, which pundits are concerned will lead China \u2014 which claims sovereignty over the self-ruled island \u2014 to retaliate. The story is emblazoned on the front pages of the <a href=\"https:\/\/www.ft.com\/content\/96259e27-e252-4ed1-9305-8a115e89d5a0\">Financial Times<\/a>, <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/pelosi-addresses-taiwan-parliament-visit-condemned-by-china-2022-08-03\/\">Reuters<\/a>, <a href=\"https:\/\/www.cnbc.com\/2022\/08\/03\/pelosis-trip-to-taiwan-makes-matters-worse-for-us-and-china-relations.html\">CNBC<\/a>, and the <a href=\"https:\/\/www.wsj.com\/articles\/pelosi-vows-ironclad-defense-of-taiwans-democracy-as-china-plans-live-fire-drills-11659511188?mod=hp_lead_pos1\">Wall Street Journal<\/a>.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>THIS JUST IN- OPEC+ is raising oil output \u2014 but just barely:<\/strong> OPEC+ decided to add a \u201cminuscule\u201d 100k barrels per day to its oil production in September, the group decided at its meeting today, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-03\/opec-panel-proposes-small-oil-output-increase-for-september?srnd=premium-middle-east#xj4y7vzkg\">Bloomberg<\/a> reports. The smaller-than-anticipated production hike comes after the West, including US President Joe Biden, has been pushing the Saudi Arabia-led group to ramp up its output to help cool down global oil prices, which have remained above USD 100 \/ bbl for months.<\/p>\n<p><strong>HAPPENING NOW-<\/strong><\/p>\n<p><strong>The board of trustees overseeing preparations for the National Dialogue is currently<\/strong><strong> meeting<\/strong> to discuss the economic agenda. Need a refresher on the national dialogue? <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/618da10f-a3ed-44b3-92e6-b25ee5ff7eae\">We\u2019ve got you covered<\/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>Cement production quotas are sticking around for another year:<\/strong> The Egyptian Competition Authority (ECA) <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2e27cbd3-7611-4e73-933a-e78c7a5292dc\">has heeded<\/a> cement companies\u2019 calls to leave cement production curbs in place for another year \u2014 but will allow output to rise as demand picks up.<\/li>\n<li><strong>NUCA wants to break its securitization record:<\/strong> The New Urban Communities Authority (NUCA) <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d63bde8a-8f94-4b1b-9508-527c3143b1c3\">is seeking<\/a> regulatory approval for a record-breaking EGP 20 bn securitized bond issuance.<\/li>\n<li><strong>One of the world\u2019s largest glass companies could be coming to Egypt:<\/strong> Mexican glass manufacturer Vitro <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c301fc87-5800-49e6-abe2-701f615564be\">plans to expand<\/a> to Egypt and invest USD 400 mn to build two factories.<\/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>One step closer to gov\u2019t EV charging station company: <\/strong>Qualifying bidders <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0a06d4ec-4025-490e-8842-45c8a9fe0d8a\">looking to<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0a06d4ec-4025-490e-8842-45c8a9fe0d8a\">manage and operate<\/a> a soon-to-be-established state company for electric vehicle charging stations have until Wednesday 31 August to submit their offers, according to a Public Enterprise Ministry <a href=\"https:\/\/ent.news\/2022\/8\/Public-Enterprise-Ministry-statement-on-EVs.pdf\">statement (pdf)<\/a>.<\/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><strong>PSA- Startups have until Wednesday, 31 August to apply for the fall 2022 cycle of<\/strong><strong> EGBank\u2019s Mint Incubator.<\/strong> The incubator, backed by Cairo Angels offers a three-month program for startups with existing products. Startups can <a href=\"https:\/\/mint.eg-bank.com\/Home\/Incubator\/Applynow\">apply for the program here<\/a>.<\/p>\n<p>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- It\u2019s going to be a scorcher:<\/strong> Expect temperatures to rise to 40\u00b0C during the day tomorrow before falling to 24\u00b0C at night, our favorite weather app tells us.<\/p>\n<p>***<\/p>\n<p><strong>WE\u2019RE LOOKING FOR A SMART, TALENTED HEAD OF PEOPLE<\/strong> to help us develop and deliver a comprehensive people strategy to help grow Enterprise and our sister company, Inktank Communications. Attracting and retaining top talent is the lifeblood of our business \u2014 are you the right person to help us do it?<\/p>\n<p><strong>WHO YOU ARE-<\/strong> Our Head of People is responsible for aligning HR practices with business objectives and works alongside some very smart people, including our C-level and leadership teams, to design and develop HR strategies and monitor their effectiveness. Candidates should have at least 10 years of experience in human resources, with extensive knowledge of key HR disciplines including performance and talent. We are looking for someone who isn\u2019t afraid to challenge, innovate, experiment, and move at a fast pace \u2014 not to mention creating some very cool new things to drive people engagement and improve a high-performance culture.<\/p>\n<p><strong>INTERESTED IN APPLYING?<\/strong> To apply for the Head of People, drop us a line at jobs@enterprisemea.com and mention \u201cNoha\u201d in your subject line \u2014 she\u2019s our outgoing Head of People and the first person who\u2019s going to be reading your application. Please send a solid cover letter telling us a bit about who you are and why you\u2019re a good fit for our team. We want to see your CV, but the most important thing is a cover letter that makes us want to pick up the phone and give you a call.<\/p>\n<p>***<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/beltone-financial\/\">Beltone Financial<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/chimera-investments\/\">Chimera Investments<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pmi\/\">PMI<\/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=\"551980\" 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=\"551980\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/03\/551980\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551980\" class=\"content-area-description single-story post-551980 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 decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/4\/CLeo-enterprise-1600px-02-1.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"551981\" 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=\"551981\">\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\/03\/the-climate-repercussions-of-disposable-tech-get-tattooed-to-monitor-your-health\/\">\r\n                            The climate repercussions of disposable tech + Get tattooed to monitor your health                        <\/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\/03\/the-climate-repercussions-of-disposable-tech-get-tattooed-to-monitor-your-health\/\" 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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We just don\u2019t realize we\u2019re doing it, or how it\u2019s contributing to our climate and sustainability crises,\u201d tech columnist Geoffrey Fowler writes for the <a href=\"https:\/\/www.washingtonpost.com\/technology\/2022\/08\/02\/why-gadgets-die\/\">Washington Post<\/a>. The two biggest environmental issues in the gadget space is how they\u2019re manufactured and how we dispose of them, both of which result in significant carbon emissions.<\/p>\n<p><strong>Part of the solution:<\/strong> Shifting to products that have batteries that consumers can change and continue to get use out of the product, Fowler says. However, he warns that this shift is not necessarily a simple one, considering tech companies refuse to come clean with their battery information, with only three big players \u2014 Nintendo, VanMoof and Apple \u2014 disclosing this information on their websites.<\/p>\n<p><strong>The new excuse to get a tattoo: \u201cI\u2019m keeping track of my vitals.\u201d<\/strong> South Korean scientists are developing a nanotech tattoo ink that serves as a health monitoring device, according to <a href=\"https:\/\/www.reuters.com\/business\/healthcare-pharmaceuticals\/skorea-develops-nanotech-tattoo-health-monitoring-device-2022-08-02\/\">Reuters<\/a>. A science team at the Korea Advanced Institute of Science and Technology (KAIST) in Daejeon have developed a tattoo ink, manufactured from liquid metal and carbon nanotubes, that serves as a bioelectrode. The tattoo, when attached to an ECG device, can provide your heart rate and other vital signs. \u201cIn the future, what we hope to do is connect a wireless chip integrated with this ink, so that we can communicate, or we can send signals back and forth between our body to an external device,\u201d said Steve Park, a materials science and engineering professor who leads the project.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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Plus: Examining inequality with the 0.1%ers                        <\/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\/03\/a-crumbling-marriage-turns-into-a-whodunnit-red-devils-try-to-save-face-in-egyptian-premier-league-tonight-plus-examining-inequality-with-the-0-1ers\/\" 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\/03\/a-crumbling-marriage-turns-into-a-whodunnit-red-devils-try-to-save-face-in-egyptian-premier-league-tonight-plus-examining-inequality-with-the-0-1ers\/')\">\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\/03\/a-crumbling-marriage-turns-into-a-whodunnit-red-devils-try-to-save-face-in-egyptian-premier-league-tonight-plus-examining-inequality-with-the-0-1ers\/\">\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 crumbling marriage turns into a whodunnit + Red Devils try to save face in Egyptian Premier League tonight. 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Vic seems fine with Melinda\u2019s entanglements, turning a blind eye in the dysfunctional and toxic marriage to avoid a divorce and care for their daughter, Trixie. But trouble soon emerges, as Vic\u2019s slow-growing discontent soon makes him the prime suspect in the disappearance of one of Melinda\u2019s lovers. The movie is directed by legendary British director Adrian Lyne, best known for iconic movies Indecent Proposal and Fatal Attraction, who returned to the big screen after a 20-year hiatus. You can stream Deep Water on OSN+ or catch the trailer here (<a href=\"https:\/\/www.youtube.com\/watch?v=90JsrQwE5CA\">watch runtime: 2:02<\/a>).<\/p>\n<p><strong>Ironically, Affleck and de Armas had their own love story during the movie\u2019s production<\/strong>, before breaking up a year after De Armas <a href=\"https:\/\/www.usmagazine.com\/celebrity-news\/news\/ana-de-armas-explains-why-she-left-l-a-after-ben-affleck-romance\/\">recently revealed<\/a>that growing attention of their relationship made her \u201canxious\u201d, pushing her to call it quits.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> \u26bd <strong>Egypt\u2019s Red Devils try to save face: <\/strong>Third-place Al Ahly will host Pharco in the Egyptian Premier League at 9pm, as it tries to close the gap with second-place Pyramids FC to one point under efforts to chase for the title of the league. Al Ahly\u2019s cabinet has been league trophy-less since season 2019\/2020.<\/p>\n<p><strong>The last of 2022 Arab Cup U-20 goes underway:<\/strong> Egypt will play against Algeria in the semi-finals today at 8pm. Saudi Arabia v Palestine are on the pitch as we dispatch.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><br \/> (all times CLT)<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Jordanian indie band <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/1211393809645522\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22search_results%22%2C%22surface%22%3A%22bookmark_search%22%7D]%2C%22ref_notif_type%22%3Anull%7D\">Autostrad<\/a><\/strong><strong>is taking over Cairo Jazz 610\u2019s stage tonight <\/strong>to perform a fusion of rock, reggae, latin, and funk music. Meshwar will get the night started at 9pm.<\/p>\n<p><strong>It\u2019s 90s night at Cairo Jazz Club <\/strong>\u2014 <a href=\"https:\/\/www.facebook.com\/events\/745446000036001\">Shereet Cockatil ft. Anis<\/a> are performing Arabic and English pop hits from the 90s and the 80s at 8 pm.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Forget about the 1% \u2014 <\/strong><strong><a href=\"https:\/\/www.amazon.com\/Plutocrats-Rise-Global-Super-Rich-Everyone\/dp\/1594204098\">Plutocrats<\/a><\/strong> <strong>takes<\/strong><strong> on the 0.1% that have amassed exorbitant<\/strong><strong> fortunes <\/strong>(in 2019 they owned nearly <a href=\"https:\/\/twitter.com\/berniesanders\/status\/1376902992616636422\">20% of the US\u2019 wealth<\/a>), and have widened the wealth gap, deepening economic inequality. Financial journalist-turned-politician Chrystia Freeland conducts interviews with plutocrats to look at the consequences of concentrating the world\u2019s wealth into such a small number of hands. She dives deep into the history of super-elitism, drawing comparisons between the current period and other periods with great income disparity such as the Gilded Age, which brought enormous wealth to business men like John D. Rockefeller and Andrew Carnegie. The b\u2019naires of today, unlike their historical counterparts, are mostly self-made, but largely impervious to the details of economic and political forces that led to their successes, instead owing it to their hard work, she argues. Freeland is able to remain politically neutral in delivering a compelling and well-researched examination of inequality.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"551986\" 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=\"551986\">\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\/03\/earnings-watch-credit-agricole\/\">\r\n                            Earnings Watch: Credit Agricole                        <\/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\/03\/earnings-watch-credit-agricole\/\" 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\/03\/earnings-watch-credit-agricole\/')\">\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\/03\/earnings-watch-credit-agricole\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Earnings Watch: Credit Agricole&url=https:\/\/enterpriseam.com\/egypt\/2022\/08\/03\/earnings-watch-credit-agricole\/\">\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\/03\/earnings-watch-credit-agricole\/&title=Earnings Watch: Credit Agricole\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Earnings+Watch%3A+Credit+Agricole+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F08%2F03%2Fearnings-watch-credit-agricole%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\/03\/earnings-watch-credit-agricole\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551986\" class=\"content-area-description single-story post-551986 post type-post status-publish format-standard hentry category-go-with-the-flow tag-credit-agricole 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>EARNINGS WATCH-<\/strong><\/p>\n<p><strong>Credit Agricole Egypt\u2019s net income after tax rose 32.4% y-o-y in 1H 2022<\/strong>, recording EGP 1.02 bn, according to its <a href=\"https:\/\/ent.news\/2022\/8\/Credit-Agricole-financials-2Q22.pdf\">financial statement (pdf<\/a><a href=\"https:\/\/ent.news\/2022\/8\/Credit-Agricole-financials-2Q22.pdf\">)<\/a>. The bank\u2019s net interest income rose 13.6% y-o-y to EGP 1.64 bn during the quarter.<\/p>\n<p><em>EDITOR'S NOTE- This story was corrected on 9 August, 2022 to reflect that these earnings are for 1H 2022, not 2Q 2022.<\/em><\/p>\n<hr class=\"grey-line\" \/>\n<p><strong>MARKET ROUNDUP-<\/strong><\/p>\n<p><strong>The EGX30 rose 1.0% at today\u2019s close<\/strong> on turnover of EGP 440.15 mn (45.7% below the 90-day average). Foreign investors were net sellers. The index is down 20.2% YTD.<\/p>\n<p><strong>In the green: <\/strong>Fawry (+4.1%), e-Finance (+4.0%) and Rameda (+3.3%).<\/p>\n<p><strong>In the red: <\/strong>Eastern Company (-2.6%), EKH-EGP (-1.9%) and AMOC (-0.5%).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/credit-agricole\/\">Credit Agricole<\/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=\"551987\" 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=\"551987\">\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\">Macro picture<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/03\/the-world-is-falling-behind-on-sdg-commitments\/\">\r\n                            The world is falling behind on SDG commitments                        <\/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\/03\/the-world-is-falling-behind-on-sdg-commitments\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The covid-19 pandemic in 2020 and this year the war in Ukraine have diverted attention away from climate targets and SDGs, a shift which the report says both slows national plans to mitigate and adapt to climate change, and cuts the amount of finance available.<\/p>\n<p><strong>Where we stand:<\/strong> Egypt sits in the bottom half of the report\u2019s SDG index, which measures countries\u2019 progress in meeting their SDG targets. With a score of 68.7, Egypt ranks 87th out of 163 countries assessed by the report \u2014 just above the regional average of 66.7. That puts Egypt below the likes of the UAE, Jordan, Oman and Tunisia and above countries like Qatar, Saudi Arabia, Lebanon and Kuwait.<\/p>\n<p><strong>The good news first: Egypt is making progress in most of its most pressing SDG categories. <\/strong>The report says that Egypt has made moderate steps to reduce hunger, improve health and wellbeing, protect the terrestrial environment and increase economic growth and job opportunities.<\/p>\n<p><strong>It\u2019s on track to meet others:<\/strong> Egypt is either meeting or on track to achieve SDGs relating to climate goals, reducing inequality, improving access to clean water and promoting sustainable consumption, the report says.<\/p>\n<p><strong>Progress for other SDGs is stagnating or going into reverse:<\/strong> The report marks Egypt down on a number of key measures, including rising poverty, the small share of renewables in the country\u2019s energy mix, the low amount of government spending on health and education, and increasing threats to marine biodiversity.<\/p>\n<p><strong>The devil is in the details:<\/strong> Even within the categories where Egypt is making headway, there are aspects that aren\u2019t being addressed, weighing on our overall progress. In the Zero Hunger goal, for example, Egypt is marked down for not making progress on tackling obesity.<\/p>\n<p><strong>Achieving the UN\u2019s sustainable development goals is fundamentally a question of investment<\/strong> in physical infrastructure, renewable energy and human capital, the report says. It is precisely these global disruptions that have contributed to a slowdown in financing, especially among poor and middle income countries who lack reasonable financing mechanisms to implement projects that would help make these goals a reality. \u201cThe key to achieving the SDGs, besides preserving peace and lowering geopolitical tensions, is having a plan to finance them,\u201d according to the report.<\/p>\n<p><strong>To reverse this trend, rich countries need to crank up their financing of sustainable projects: <\/strong>G20 countries need to commit more financing for developing countries to put projects in action that can boost economic development and eventually meet these 2030 targets. Multilateral development banks will also need capacity increases from rich countries \u201cthrough paid in capital\u201d and \u201cgreater leverage of their balance sheets,\u201d the report says. Debt refinancing, official development assistance and a reconsideration of debt sustainability on the part of lending institutions like the IMF. On the other end, developing countries should work on better debt management and creditworthiness through tax policy reform,export policy reform and better liquidity management, the report says.<\/p>\n<p><strong>And that\u2019s going to require a more targeted approach to investment:<\/strong> Key areas the report has identified as being crucial to the successful achievement of SDGs by 2030 include spending on education and social protection, healthcare systems, renewable energy, sustainable food production, sustainable urban infrastructure and universal digital services. To do this rich countries might opt for increasing domestic tax revenues through progressive taxation, borrowing more from multilateral development banks, restructuring debt and engaging in sovereign borrowing on international capital markets.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/green-economy\/\">Green Economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/macro-picture\/\">MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sdgs\/\">SDGs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/un\/\">UN<\/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=\"551989\" 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\/03\/551989\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-551989\" class=\"content-area-description single-story post-551989 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>31 August (Wednesday): Deadline for qualifying companies to <a href=\"https:\/\/ent.news\/2022\/8\/Public-Enterprise-Ministry-statement-on-EVs.pdf\">submit offers<\/a> to manage and operate a soon-to-be-established state company for EV charging stations.<\/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>September: Egypt will <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/457255719778187\">host the second edition<\/a>of the Egypt-International Cooperation Forum (ICF).<\/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&ndash;27 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>13-15 February (Monday-Wednesday): The <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show (Egyps)<\/a>, Egypt International Exhibition Center, Cairo.<\/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 &ndash; 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\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":551978,"template":"","categories":[],"tags":[],"class_list":["post-551977","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"700ca46f-18c5-4972-bf2b-8e9e3039f857","teaser":"","photo_url":"https:\/\/ent.news\/2022\/8\/53.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>Get inked to track your vitals - 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\/get-inked-to-track-your-vitals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Get inked to track your vitals\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/get-inked-to-track-your-vitals\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T23:35:25+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\/53.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\/get-inked-to-track-your-vitals\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/get-inked-to-track-your-vitals\/\",\"name\":\"Get inked to track your vitals - 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