{"id":552497,"date":"2022-09-08T13:21:41","date_gmt":"2022-09-08T13:21:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=552497"},"modified":"2025-12-15T23:46:51","modified_gmt":"2025-12-15T23:46:51","slug":"the-new-age-space-race-is-upon-us","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/the-new-age-space-race-is-upon-us\/","title":{"rendered":"The new-age space race is upon us"},"content":{"rendered":"<section id=\"552499\" 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=\"552499\">\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\/09\/08\/this-evening-inflation-accelerates-in-august-expedition-presents-a-new-offer-for-domty\/\">\r\n                            THIS EVENING: Inflation accelerates in August + Expedition presents a new offer for Domty                        <\/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\/09\/08\/this-evening-inflation-accelerates-in-august-expedition-presents-a-new-offer-for-domty\/\" 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\/09\/08\/this-evening-inflation-accelerates-in-august-expedition-presents-a-new-offer-for-domty\/')\">\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\/09\/08\/this-evening-inflation-accelerates-in-august-expedition-presents-a-new-offer-for-domty\/\">\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: Inflation accelerates in August + Expedition presents a new offer for Domty&url=https:\/\/enterpriseam.com\/egypt\/2022\/09\/08\/this-evening-inflation-accelerates-in-august-expedition-presents-a-new-offer-for-domty\/\">\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\/09\/08\/this-evening-inflation-accelerates-in-august-expedition-presents-a-new-offer-for-domty\/&title=THIS EVENING: Inflation accelerates in August + Expedition presents a new offer for Domty\">\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+Inflation+accelerates+in+August+%2B+Expedition+presents+a+new+offer+for+Domty+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F09%2F08%2Fthis-evening-inflation-accelerates-in-august-expedition-presents-a-new-offer-for-domty%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\/09\/08\/this-evening-inflation-accelerates-in-august-expedition-presents-a-new-offer-for-domty\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552499\" class=\"content-area-description single-story post-552499 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-domty tag-economy tag-energy tag-enterprisepm tag-expedition-investments tag-inflation tag-ma-watch 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\u2019re just hours away from a very well-deserved weekend after a mad rush of a week \u2014 with today being no exception.<\/p>\n<p><strong>ALSO- It\u2019s your last day to tell us how you\u2019re feeling about your business<\/strong> and the wider economy. We\u2019ll have the results for mid-month \u2014 just in time to give you a sense of what everyone else is thinking heading into budget season. <strong><a href=\"https:\/\/www.surveymonkey.com\/r\/QDMBYCT\">Make your voice heard in our Fall Reader Survey.<\/a><\/strong> It won\u2019t take more than a few minutes to complete.<\/p>\n<p><strong>THE BIG STORIES TODAY<\/strong><\/p>\n<p><a id=\"tldr-story-01\" class=\"content-anchor\"><\/a> <strong>#1- Inflation hits four-year high:<\/strong> Annual urban inflation accelerated again in August on the back of higher food and beverage prices, according to figures state statistics agency Capmas released today. Consumer prices in urban areas rose to 14.6% y-o-y in August, up from <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/43fc629c-c572-49e8-9404-6b508e9b3248\">13.6% in July<\/a>. Urban inflation rose 0.9% m-o-m, marking a slower pace of increase from July, when it recorded 1.3%.<\/p>\n<p><strong>#2- Expedition ups its Domty offer:<\/strong> Expedition Investments has (marginally) revised upwards its offer to acquire a 34% in cheesemaker Domty, the Financial Regulatory Authority said in <a href=\"https:\/\/ent.news\/2022\/9\/expedition-revised-domty-offer.pdf\">a disclosure (pdf)<\/a> today. A consortium led by Expedition is now offering EGP 5.50 per share \u2014 up from its previous offer of EGP 5.00 per share \u2014 in its mandatory tender offer to purchase up to 96.2 mn shares in Domty. The EGP 5.50 offer is still below the EGP 6.90 fair value determined by BDO <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a0c1a35b-97e3-4128-b5bb-9c4f320a7f7f\">earlier this week<\/a>.<\/p>\n<p><strong>^^We\u2019ll have more<\/strong> on these stories and others in Sunday\u2019s edition of <strong>EnterpriseAM<\/strong>.<\/p>\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><strong>There\u2019s no big business story capturing the attention of the international press, but Queen<\/strong><strong> Elizabeth\u2019s \u201cconcerning\u201d health<\/strong> is getting some digital ink this afternoon. Doctors are \u201cconcerned\u201d about the queen\u2019s health \u201cand have recommended she remain under medical supervision,\u201d Buckingham Palace said in <a href=\"https:\/\/www.royal.uk\/statement-buckingham-palace\">a statement<\/a> earlier today. The queen has remained at her summer home at Balmoral Castle, where outgoing prime minister Boris Johnson and his successor Liz Truss visited the queen this week. The story is getting coverage in <a href=\"https:\/\/www.reuters.com\/world\/uk\/doctors-concerned-uk-queen-elizabeths-health-2022-09-08\/\">Reuters<\/a>, the <a href=\"https:\/\/www.ft.com\/content\/b6ac65bc-067d-4f08-b339-b95c6edfaf19#post-91167ac8-1e4e-4ee1-b992-46966436abb2\">Financial Times<\/a>, and the <a href=\"https:\/\/www.wsj.com\/articles\/queen-elizabeth-iis-health-causes-doctors-concern-11662637637?mod=hp_lead_pos10\">Wall Street Journal<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>Chimera to take stake in GB Lease?<\/strong> GB Auto subsidiary GB Capital <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3d95db4f-30ad-4c19-be74-c430dc796d97\">is in talks<\/a> with our friends at Abu Dhabi-based investment firm Chimera Investments to sell a 45% stake in its leasing arm, GB Lease.<\/li>\n<li><strong>More and more M&amp;A:<\/strong> Cr\u00e9dit Agricole <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a704b1a8-82a5-40fa-85df-6c6b5f63382c\">will purchase<\/a> a 4.8% stake in Cr\u00e9dit Agricole Egypt today, taking its holdings in its local unit to around 65%; Banque du Caire <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a704b1a8-82a5-40fa-85df-6c6b5f63382c\">has acquired<\/a> a 10% stake in Western Union\u2019s local representative, International Business Associates Group; and EGX-listed Egypt Aluminum (Egyptalum) <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/69300a03-66d3-49c2-96af-1c69ded06ce7\">will fund<\/a> two-thirds of its USD 300 mn overhaul by offering fresh stakes through a capital increase.<\/li>\n<li><strong>Egypt could land funding worth up to USD 1.3 bn from the EBRD:<\/strong> The European Bank for Reconstruction and Development is <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6de6e137-c444-4227-8153-71e7742f4808\">ready to provide<\/a> as much as USD 1.3 bn in funding to support clean energy projects in Egypt, President Odile Renaud-Basso said yesterday.<\/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><img decoding=\"async\" draggable=\"false\" role=\"img\" class=\"emoji\" alt=\"?\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/svg\/1f5d3.svg\"> CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>Consoleya and Cairo Angels will host a business meet-up on Monday, 12 September<\/strong> focusing on Nigeria\u2019s tech ecosystem and how it compares with Egypt\u2019s startup scene. Tarek Shahin (<strong>CI Capital<\/strong>\u2019s chief investment officer), <strong>Biola Alabi Media<\/strong> CEO Biola Alabi, and Ibrahim Sagna (<strong>Afreximbank<\/strong>\u2019s global head of advisory and capital markets) and take part in a panel discussion moderated by Aly El Shalakany, CEO of the <strong>Cairo Angels Syndicate Fund<\/strong>.<\/p>\n<p><strong>Interest rates:<\/strong> The Central Bank of Egypt\u2019s Monetary Policy Committee meets on Thursday, 22 September to review interest rates.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n<p><img decoding=\"async\" draggable=\"false\" role=\"img\" class=\"emoji\" alt=\"\u2600\ufe0f\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/svg\/2600.svg\"> <strong>TOMORROW\u2019S WEATHER- <\/strong>The mercury will rise to 38\u00b0C on Friday and Saturday while nighttime lows will be in the 22-23\u00b0C range during the weekend, our favorite weather app tells us.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/domty\/\">Domty<\/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\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/expedition-investments\/\">Expedition Investments<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"552500\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            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-->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"552501\" 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=\"552501\">\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\/09\/08\/the-newest-entrant-to-the-pe-space-kim-k-the-middle-east-is-feeling-climate-change-more-than-most-others\/\">\r\n                            The newest entrant to the PE space: Kim K + The Middle East is feeling climate change more than most others                        <\/a>\r\n                    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    <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/476.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"552502\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/08\/the-newest-entrant-to-the-pe-space-kim-k-the-middle-east-is-feeling-climate-change-more-than-most-others\/476-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/476.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"476.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/476.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/476.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552501\" class=\"content-area-description single-story post-552501 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-climate-change tag-energy tag-enterprisepm tag-for-your-commute tag-oil-and-gas tag-private-equity tag-sustainability tag-un 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-03\"><\/a> <strong>Kim Kardashian is getting in on private equity:<\/strong> Reality TV star and serial entrepreneur Kim Kardashian and Carlyle\u2019s former global head of consumer, media, and retail Jay Simmons, are launching a new private-equity firm, <a href=\"https:\/\/skky.com\/\">Skky Partners<\/a>, Kardashian announced on <a href=\"https:\/\/twitter.com\/KimKardashian\/status\/1567520709794213889\">Twitter<\/a>. \u201cThe firm focuses on both control and minority investments in high-growth, market-leading consumer and media companies,\u201d according to a <a href=\"https:\/\/twitter.com\/SKKYPartners\/status\/1567445382573195266\">statement<\/a> posted on the firm\u2019s Twitter account.<\/p>\n<p><strong>Sammons is bringing the financial know-how and Kardashian is there for\u2026 her audience<\/strong><strong> reach:<\/strong> The partnership will allow the pair to utilize their complementary skill sets, given his experience in the financial and investment side and Kardashian\u2019s ability to draw on her massive reach and influence to grow companies, Sammons said, according to <a href=\"https:\/\/www.wsj.com\/articles\/kim-kardashians-latest-business-venture-private-equity-11662543001?mod=hp_lead_pos10\">the Wall Street Journal<\/a>. Kardashian and Sammons will serve as co-founders and co-managing partners, while Kardashian\u2019s mother and manager Kris Jenner will also be a partner at the firm. Neither party has commented on the fund\u2019s expected size or other investors.<\/p>\n<p><strong>All jokes aside, Skky is a testament to Kardashian\u2019s business acumen \u2014 and her<\/strong><strong> commitment to name branding.<\/strong> Kardashian founded shapewear and undergarment brand Skims in 2019, and the company was valued at USD 3.2 bn in January, according to the WSJ. She has also launched a nine product skin-care line, SKKN BY KIM, earlier this year. Skims, SKKN, SKKY \u2014 noticing a pattern here? All a play on Kardashian\u2019s name or initials.<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Temperatures in the Middle East are rising almost twice as fast as the rest of<\/strong><strong> the world<\/strong>, the <a href=\"https:\/\/www.washingtonpost.com\/world\/2022\/09\/07\/middle-east-mediterranean-climate-change\/\">Washington Post<\/a> reports, citing a <a href=\"https:\/\/agupubs.onlinelibrary.wiley.com\/doi\/full\/10.1029\/2021RG000762\">new study<\/a> published in the Review of Geophysics. The climate in countries in the Middle East and eastern Mediterranean, including Egypt, are projected to warm by around 5\u00b0C by the end of this century. The rapid rise in temperatures will lead to longer-lasting heat waves, more intense droughts, and recurrent sandstorms, affecting the lives and health of the 400 mn inhabitants of the region. The rise is expected to have consequences on freshwater resources and crops, increasing the likelihood of conflict, the report suggests.<\/p>\n<p><strong>Middle East greenhouse gas emissions have surpassed those of the EU and India<\/strong>, as the region has become a \u201cdominant emitter,\u201d according to the report. Critically, the Middle East\u2019s emissions are also on an upwards trajectory, unlike the EU, where there\u2019s a trend of declining emissions. The report highlights the need for the region to decarbonize its energy and transportation sectors transitioning to greater reliance on renewable energy.<\/p>\n<p><strong>And speaking of climate + sustainability: Reaching sustainability goals got even more<\/strong><strong> expensive over the past year:<\/strong> The cost of achieving the UN\u2019s sustainability goals of combating issues including hunger, poverty, and climate change increased by 25% to USD 176 tn over the previous year, according to a report released today by the <a href=\"https:\/\/www.forcegood.org\/report-2022\">Force for Good Initiative (FFGI)<\/a>. The higher cost was fueled by soaring inflation and the increasing costs related to achieving net-zero carbon emissions, it said, in addition to historical underfunding. According to the analysis, the funding gap for the UN\u2019s Sustainable Development Goals (SDGs), a set of 2030 objectives supported by all member nations, has also widened, rising 35% to hit USD 135 tn. The SDGs are now \u201cset to fail to be achieved by 2030 and risk needing many more decades,\u201d the report said, adding that \u201ccourse correction is needed.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/477.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/477.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552504\" class=\"content-area-description single-story post-552504 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-recommends-2 tag-ears-to-the-ground tag-eat-this-tonight tag-enterprise-recommends tag-enterprisepm tag-on-the-tube-tonight tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><br \/> (all times CLT)<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Order in and have a family movie night this weekend with Sylvester Stallone\u2019s <\/strong><strong><a href=\"https:\/\/www.primevideo.com\/detail\/amzn1.dv.gti.f347301c-6f7c-42fb-ad11-b8714b9c2a30?ref_=dvm_pds_tit_eg_dc_s_g_mkw_sduBm8ncg-dc_pcrid_618253506120&mrntrk=slid__pgrid_141424891878_pgeo_9048953_x__ptid_kwd-1017327892032\">Samaritan<\/a><\/strong><strong>:<\/strong> Prime Video\u2019s new action fantasy flick is about making decisions and living with the results. The movie centers on Sam Cleary, a 13-year-old boy who has a hunch that his mysterious next-door neighbor, Mr. Smith (Stallone), is actually the superhero vigilante Samaritan \u2014 who most people believe died in a fire 25 years ago. Sam goes on a mission to get Samaritan to come out of hiding so that the city can be saved. While there are heroes and superpowers in the film, the focus is on ordinary people and their common humanity. Ultimately, it brings a message of hope for a brighter future when people learn to work together \u2014 an especially important lesson for the preteens in your life (<a href=\"https:\/\/www.youtube.com\/watch?v=9FKnTxSC16E\">watch trailer, runtime 2:45<\/a>).<\/p>\n<p>\u26bd<strong> It\u2019s Europa League day:<\/strong> As the group stages of the Europa League kick off, these are the most worthy games to keep an eye on today: At 6:45 pm: Zurich v Arsenal, and Ludogorets Razgrad v Roma. At 9pm: Man United v Real Sociedad, and Lazio v Feyenoord.<\/p>\n<p><strong>Friday is a quiet day for European football, but it\u2019s exciting on the regional front:<\/strong> Saudi league winner Al Hilal will face Egyptian League champ Zamalek at 8pm for the Lusail Super Cup in Qatar.<\/p>\n<p><strong>If you still need your European football fix, Gameweek 5 of La Liga kicks off at 9pm<\/strong> with Girona and Real Valladolid facing off.<\/p>\n<p><strong>Gameweek 6 of the German Bundesliga also gets underway at 8:30pm<\/strong>, with Werder Bremen facing Augsburg.<\/p>\n<p><strong>Saturday will see the CAF Super Cup F<\/strong><strong>inal at 9pm<\/strong> between Morocco\u2019s RS Berkane and Wydad Athletic Club, the title holder of the CAF Champions League.<\/p>\n<p><strong>And Gameweek 7 of the English Premier League kicks off at 1:30pm<\/strong> with Fulham v Chelsea at 1:30 pm. At 4pm, you can alternate between four EPL games: Liverpool v Wolverhampton, Leicester City v Aston Villa, Bournemouth v Brighton, and Southampton v Brentford. The game we\u2019re looking forward to the most kicks off at 6:30pm between Manchester City and Tottenham.<\/p>\n<p><strong>SPEAKING OF THE PREMIER LEAGUE- Chelsea is set to appoint Graham Potter as their<\/strong><strong> new manager<\/strong>, after sacking manager Thomas Tuchel yesterday due to the team's poor performance this year, <a href=\"https:\/\/www.skysports.com\/football\/news\/11668\/12692083\/graham-potter-agrees-to-become-new-chelsea-head-coach-following-thomas-tuchels-sacking\">Sky Sports<\/a> reported. The new owners <a href=\"https:\/\/www.chelseafc.com\/en\/news\/article\/chelsea-football-club-part-company-with-thomas-tuchel\">made the call<\/a> after Tuesday's 1-0 Champions League loss to Dinamo Zagreb \u2014 who are currently being coached by a familiar face: Former Pyramids FC manager Ante \u010ca\u010di\u0107.<\/p>\n<p><strong>La Liga:<\/strong> Rayo Vallecano hosts Valencia at 2 pm, Espanyol plays Seville at 4:15 pm, then Barcelona faces Cadiz at 6:30 pm. Last but certainly not least, Atletico Madrid will play Celta Vigo at 9pm.<\/p>\n<p><strong>In Serie A:<\/strong> Napoli hosts Spezia at 3pm, followed by Inter v Torino at 6pm, and then Milan faces Sampdoria at 9pm.<\/p>\n<p><strong>The most notable Bundesliga matches kick off at 3:30 pm:<\/strong> Bayern Munich v Stuttgart and Leipzig v Borussia Dortmund.<\/p>\n<p>(PS: have you joined the Enterprise Fantasy League yet? If not, just <a href=\"https:\/\/fantasy.premierleague.com\/leagues\/auto-join\/8o4sut\">click here<\/a> or enter the following code: 8o4sut.)<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Egypt just got its first Church-affiliated football club:<\/strong> A junior football club affiliated with central Cairo churches opened admissions today for junior players, <a href=\"https:\/\/www.alarabiya.net\/arab-and-world\/egypt\/2022\/09\/08\/-%D9%84%D8%A3%D9%88%D9%84-%D9%85%D8%B1%D8%A9-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D9%81%D8%B1%D9%8A%D9%82-%D9%83%D8%B1%D8%A9-%D9%82%D8%AF%D9%85-%D9%8A%D8%AA%D8%A8%D8%B9-%D8%A7%D9%84%D9%83%D9%86%D9%8A%D8%B3%D8%A9-%D9%88%D9%8A%D8%B4%D8%A7%D8%B1%D9%83-%D9%81%D9%8A-%D8%A7%D9%84%D8%AF%D9%88%D8%B1%D9%8A-\">Al Arabiya<\/a> reports. The Oyoun Misr Club will accept applications for players born between 2003-2014, according to <a href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid02TQ2XW3jbP3NZDG8FFQaZtkqqLXhCAB3UwKfZQ23W4eaeqkNTP731hmDWJjbADmfal&id=100063544586990&__cft__[0]=AZWwsAUZKQ1gBKXvkMsfcyLlXSGuJujZ2EqbToeg4nTQb06ZzSC9hKAh9b6ImcuAyWE4ncKvsdju9bZ6vjb66RpkejmO5zrqQKefiluSk4oBbEKWQJLvxCbM4XqhBbTqYnmNmmlSptEDe8N5IMACY9L45joeLYgZo_X_-4wrsJ6Z4vQL7inze8Sy0v1reA5tfgvmL0eUxyRL-OSLOM-mehAF&__tn__=%2CO%2CP-R\">an announcement<\/a> on Down Town Cairo Academy\u2019s Facebook page, and intends to compete in the Egyptian League up to the fourth division.<\/p>\n<p><strong>?<\/strong><strong>EAT<\/strong><strong> THIS TONIGHT- <\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>You can now have homemade gooey chocolate chip cookies, sans the kitchen mess,<\/strong><strong> thanks to <\/strong><strong><a href=\"https:\/\/dliciouseg.com\/\">d.licious<\/a><\/strong><strong>. <\/strong>Chocolate chip cookie die-hards know that store bought cookies just don\u2019t hit the spot. Nothing beats a freshly baked warm cookie straight out of the oven. The catch? You need to dedicate a couple of hours to whip up the batter, (typically annihilating your kitchen in the process) and wait for the batter to chill and bake. D.licious saves you all that hassle \u2014 just put their frozen mounds of cookie dough onto a tray and they go straight into the oven for around ten minutes. Instead of a mess, you\u2019re only left with chewiest cookies that ooze out warm chocolate goodness. Their cookies come in four different flavors: Milk Chocolate Chunk, Nutella Stuffed, White Chocolate Pecan and our favorite Dark Chocolate Sea Salt. You can order the boxes, which each make 12 cookies, on their <a href=\"https:\/\/dliciouseg.com\/collections\/all\">website<\/a> for delivery, or pop into any <a href=\"https:\/\/souffleegypt.com\/en_US\">Souffle<\/a> store to pick one up yourself.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><br \/> (all times CLT)<\/p>\n<p><strong>Who runs the world? (Girls):<\/strong> Three talented ladies will take charge tonight at <a href=\"https:\/\/www.facebook.com\/events\/612288473763303\/\">Cairo Jazz Club<\/a>: Singer-songwriter Lella Fadda will open the night with a selection of her original songs, followed by UAE-based musician Almas, who will be in the house to play her rap, trap, and hip-hop-inspired originals, and DJ Nedz will close things out with a dancey set.<\/p>\n<p><strong>Musician Nesma Abdelaziz will perform at the Cairo Opera House\u2019s<\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/3251813668421879\/\">Open Air Theater<\/a><\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/3251813668421879\/\"><\/a><\/strong><strong>tomorrow at 8pm.<\/strong> The famed marimba player will be performing some Arabic classics as well as Western melodies with her band.<\/p>\n<p>? <strong>EARS TO THE GROUND-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong><a href=\"https:\/\/open.spotify.com\/show\/20DAQRttkqo1GiEmGPxymo\">Cult Podcast<\/a><\/strong> <strong>introduces listeners to a new cult and its leaders every week<\/strong>, from the more obscure cults you\u2019ve probably never heard of to some mind blowing details about more high profile groups. Hosts Paige Wesley, Armando Torres, and Andrea Guzzetta show up having done their homework for each episode, thoroughly well-researching each cult they feature. They detail the political and cultural climate of each era the cults were formed in, providing a greater understanding of why and how people were persuaded to join and what made the prospect so enticing. They even have a <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/ep-162-donald-trump-pt-1-the-poodle-dog\/id1276011417?i=1000497749050\">five-part series<\/a> of episodes dedicated to Donald Trump\u2019s followers, who have often been described as cult-like. The hosts question how literal of a description that is, looking at his earliest supporters and the rise of the MAGA following. From online cults to historical cults, they\u2019ve covered all sorts of groups in the 236 episodes they\u2019ve recorded.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ears-to-the-ground\/\">ears to the ground<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eat-this-tonight\/\">Eat This Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"552506\" 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=\"552506\">\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\/09\/08\/what-the-markets-are-doing-on-8-september-2022\/\">\r\n                            What the markets are doing on 8 September, 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\/09\/08\/what-the-markets-are-doing-on-8-september-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\/09\/08\/what-the-markets-are-doing-on-8-september-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\/09\/08\/what-the-markets-are-doing-on-8-september-2022\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What the markets are doing on 8 September, 2022&url=https:\/\/enterpriseam.com\/egypt\/2022\/09\/08\/what-the-markets-are-doing-on-8-september-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\/09\/08\/what-the-markets-are-doing-on-8-september-2022\/&title=What the markets are doing on 8 September, 2022\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+the+markets+are+doing+on+8+September%2C+2022+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F09%2F08%2Fwhat-the-markets-are-doing-on-8-september-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\/09\/08\/what-the-markets-are-doing-on-8-september-2022\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552506\" class=\"content-area-description single-story post-552506 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 0.3% at today\u2019s close<\/strong> on turnover of EGP 1.24 bn (26.9% above the 90-day average). Local investors were net buyers. The index is down 14.1% YTD.<\/p>\n<p><strong>In the green: <\/strong>Juhayna (+4.1%), Credit Agricole Egypt (+4.0%) and Madinet Nasr Holding (+3.7%).<\/p>\n<p><strong>In the red: <\/strong>AMOC (-1.7%), MOPCO (-1.5%) and Eastern Company (-1.5%).<\/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=\"552507\" 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=\"552507\">\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\">OUTER SPACE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/08\/theres-a-new-age-space-race\/\">\r\n                            There\u2019s a new-age space race                        <\/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\/09\/08\/theres-a-new-age-space-race\/\" 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\/09\/08\/theres-a-new-age-space-race\/')\">\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\/09\/08\/theres-a-new-age-space-race\/\">\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=There\u2019s a new-age space race&url=https:\/\/enterpriseam.com\/egypt\/2022\/09\/08\/theres-a-new-age-space-race\/\">\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\/09\/08\/theres-a-new-age-space-race\/&title=There\u2019s a new-age space race\">\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=There%E2%80%99s+a+new-age+space+race+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F09%2F08%2Ftheres-a-new-age-space-race%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\/09\/08\/theres-a-new-age-space-race\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/478.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"552508\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/08\/theres-a-new-age-space-race\/478-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/478.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"478.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/478.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/478.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552507\" class=\"content-area-description single-story post-552507 post type-post status-publish format-standard has-post-thumbnail hentry category-outer-space tag-enterprisepm tag-nasa tag-outer-space 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>NASA\u2019s latest moon missions mark our first return to our lunar neighbor in 50 <\/strong><strong>years.<\/strong> NASA has been back in the global headlines in recent days albeit not for the reasons it was hoping. Two attempts to launch <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0ea7ac47-d4be-44b8-a4a2-d7421d3bc90c\">Artemis 1<\/a> both ended in failure last week as technical issues <a href=\"https:\/\/www.nytimes.com\/2022\/09\/03\/science\/nasa-artemis-moon-mission.html\">scuppered the space agency\u2019s plans<\/a> to finally get the rocket into space.<\/p>\n<p><strong>Technical hitches aside, there\u2019s a new-age space race going on:<\/strong> NASA holds ambitious plans to use the moon as a jumping off point to explore Mars and elsewhere in deeper space, and wants to get astronauts back onto its surface by 2025.<\/p>\n<p><strong>Artemis 1 is part of this plan:<\/strong> The unmanned spacecraft \u2014 a collaboration between the European Space Agency\u2019s <em><a href=\"https:\/\/www.esa.int\/Science_Exploration\/Human_and_Robotic_Exploration\/Orion\">Orion<\/a><\/em> capsule (a craft designed to carry astronauts to the moon and eventually to Mars) and NASA and Boeing\u2019s <a href=\"https:\/\/www.nasa.gov\/exploration\/systems\/sls\/index.html\">Space Launch System<\/a> (SLS) rocket \u2014 will take three manikins into space and orbit around the moon. Artemis 1 is the uncrewed test flight that will fly around and beyond the moon, setting the stage for future manned Artemis missions.<\/p>\n<p><strong>Water, solar system intel and inclusion are driving NASA\u2019s latest ambitions. <\/strong>NASA has announced plans to spend almost USD 100 bn for another moon landing, partly due to the discovery of frozen water in impact craters on the moon\u2019s surface, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0ea7ac47-d4be-44b8-a4a2-d7421d3bc90c\">as we reported<\/a> previously. The first four flights are expected to <a href=\"https:\/\/www.wsj.com\/articles\/nasa-tries-again-to-launch-artemis-i-moon-mission-11662202531\">cost<\/a> USD 4.1 bn each.<\/p>\n<p><strong>The Artemis program will pave the way for exploration of Mars.<\/strong> Artemis 2, which is expected to launch no earlier than 2024, will carry a crewed flight beyond the moon, taking humans to the farthest they have ever been in space. Artemis 3 will take the first female astronaut and person of color for a weeklong trip to the moon in 2025. <a href=\"https:\/\/www.rmg.co.uk\/stories\/topics\/nasa-moon-mission-artemis-program-launch-date\">The Artemis missions<\/a> are expected to equip NASA to launch a future crewed mission to Mars from a new space station in the moon\u2019s orbit.<\/p>\n<p><strong>The moon is the Rosetta Stone of space exploration. <\/strong>Even though interest in the moon waned following the Cold War-era moon landings, scientists still consider our lunar satellite to be space exploration\u2019s \u201cRosetta Stone,\u201d providing key information about our solar system and serving as the best place to study the origin and evolution of planets. Apollo\u2019s successor aims to establish a longer term human presence on the moon, making it an intermediate station on future trips to deep space and Mars, <a href=\"https:\/\/www.nytimes.com\/2022\/08\/28\/science\/nasa-moon-rocket-launch.html\">NYT<\/a> reports.<\/p>\n<p><strong>The moon\u2019s water reserves may provide breathable air for astronauts as well as rocket fuel. <\/strong>Water is central to renewed interest in moon exploration, even though we still don't know how much water there is or how easy it will be to extract it. Ice water was first <a href=\"https:\/\/science.nasa.gov\/science-news\/science-at-nasa\/2009\/24sep_moonwater\">discovered<\/a> at the bottom of dark craters on the moon\u2019s poles in late 2009. Scientists speculate that water can be used to provide breathable air for astronauts and the hydrogen may be used as a rocket propellant in the future, making the moon a permanent base and springboard for future trips to Mars. The first drilling efforts are scheduled to start in late 2024 by robotic vehicle <a href=\"https:\/\/www.nasa.gov\/viper\">VIPER<\/a> (the Volatiles Investigating Polar Exploration Rover).<\/p>\n<p><strong>When did we last visit our lunar neighbor? <\/strong>The Cold War-era <a href=\"https:\/\/www.nasa.gov\/mission_pages\/apollo\/missions\/index.html\">Apollo missions<\/a> (1969-1972) mark the last time that astronauts visited the moon, when 14 missions landed the first human on the moon. Rocks collected during the missions provide the foundation of our current understanding of the solar system and the moon, which likely formed out of debris from the collision of an object roughly the size of Mars with Earth 4.5 bn years ago. NASA shifted its focus to Mars and the moons of Jupiter and Saturn following the last moon landing.<\/p>\n<p><strong>China, South Korea, and many others also have lunar ambitions.<\/strong> Earlier this year, China launched its new permanent space station <a href=\"https:\/\/www.bbc.com\/news\/world-asia-china-61511546\">Tiangong<\/a>, which the Chinese hope will replace the soon-to-be decommissioned International Space Station in 2031. China is the third country after the US and Russia to send astronauts into space and build a permanent space station. South Korean mission Danuri, which was launched by SpaceX\u2019s Falcon 9 rocket, is currently en route to the moon and will begin to orbit it at an altitude of 100 kms once it reaches the moon in December, <a href=\"https:\/\/techcrunch.com\/2022\/08\/05\/spacex-launches-south-koreas-first-moon-mission-an-orbiter-named-danuri\/\">TechCrunch<\/a> reports. On board Danuri are instruments and cameras that are sensitive enough to see inside the moon\u2019s ice water-containing craters.<\/p>\n<p><strong>And Russia is rekindling its space program for the first time since it was the USSR. <\/strong>The <a href=\"https:\/\/nssdc.gsfc.nasa.gov\/nmc\/spacecraft\/display.action?id=LUNA-25\">Luna-25 lander<\/a>, which will target the south polar region of the moon later this year, will mark Russia\u2019s return to the moon for the first time since 1976.<\/p>\n<p><strong>The private sector is also making forays into galactic exploration. <\/strong>Elon Musk\u2019s SpaceX may be the loudest private company in space exploration \u2014 but it certainly isn\u2019t the only one. Richard Branson\u2019s <a href=\"https:\/\/www.virgingalactic.com\/\">Virgin Galactic<\/a> and Jeff Bezos\u2019 <a href=\"https:\/\/www.blueorigin.com\/\">Blue Origin<\/a> took the first civilians into the cosmos when they made their maiden voyages into space last year, and the private sector looks to capitalize on the <a href=\"https:\/\/ntrs.nasa.gov\/api\/citations\/20150023562\/downloads\/20150023562.pdf\">New Space<\/a> industry.<\/p>\n<p><strong>Are <\/strong><em>we <\/em><strong>going to the moon? <\/strong>Local interest in space is on the rise as well. Earlier this year, 29-year-old Egyptian biomedical and mechanical engineer and founder of <a href=\"https:\/\/deepspaceinitiative.org\/\">Deep Space Initiative<\/a> <a href=\"https:\/\/www.cbsnews.com\/news\/blue-origin-launches-six-passengers-on-supersonic-flight-to-the-edge-of-space\/\">Sara Sabry<\/a> became the first Egyptian to travel to space. The Egyptian Space Agency\u2019s (EGSA) 123-acre <a href=\"https:\/\/www.egypttoday.com\/Article\/1\/116309\/Egypt-to-inaugurate-its-%E2%80%9Cspace-city%E2%80%9D-by-the-end-of\">Space City<\/a>, which will include a space academy, research center, museum and the African Space Agency, is set to launch later this year. It will make Egypt just one of ten countries with a space city and is expected to contribute <a href=\"https:\/\/www.egypttoday.com\/Article\/1\/38422\/Space-City-would-contribute-10-to-Egypt-s-GDP\">10 percent<\/a> to our GDP. With our academy just getting off the ground, it\u2019s not clear if we\u2019ll be joining the latest space voyages anytime soon. In May, EGSA signed an <a href=\"https:\/\/africanews.space\/egyptian-space-agency-signs-mou-with-sansa\/\">MoU<\/a> with South African National Space Agency (SANSA), and in June, EGSA collaborated with SpaceX to <a href=\"https:\/\/www.nilesat.com.eg\/ar\/News\/NewsDetails?newsDetailsId=75&typeId=3\">launch<\/a> NileSat\u2019s communication satellite Nilesat 301 with the aim of expanding television services in MENA and providing broadband connectivity to remote areas and for new projects at home.<\/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\/nasa\/\">NASA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/outer-space\/\">Outer space<\/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=\"552509\" 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\/09\/08\/552509\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-552509\" class=\"content-area-description single-story post-552509 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>SEPTEMBER<\/strong><\/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>5-8 September (Monday-Thursday): <a href=\"https:\/\/www.gastechevent.com\/\">Gastech 2022<\/a>, Milan, Italy.<\/p>\n<p>6-9 September (Tuesday-Friday): <a href=\"https:\/\/www.gattravelexpo.com\/\">Gate Travel Expo 2022<\/a>, El Qubba Palace, Cairo.<\/p>\n<p>7-9 September (Wednesday-Friday): Second edition of <a href=\"https:\/\/egypticf-africanministers.com\/\">Egypt-ICF<\/a>at Almasa Convention Center at the New Administrative Capital + African<a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid034TbdNfjuu5yHr2NAycih1ggLyA8CPUgnE4AB8MF3SD1Zpv5rTvBmitm7sb4GyiqDl\">Finance Ministers meeting<\/a> to coordinate an African-led position during COP27.<\/p>\n<p>10 September (Saturday): National Dialogue board meeting to name 30 rapporteurs and assistant rapporteurs for 15 political, social and economic subcommittees.<\/p>\n<p>8 September (Thursday): European Central Bank monetary policy meeting.<\/p>\n<p>11-13 September (Sunday-Tuesday): <a href=\"https:\/\/ed-forum.org\/\">Environment and Development Forum (EDF)<\/a>, InterContinental City Stars, Cairo.<\/p>\n<p>12 September (Monday): Consoleya will host a Business Meet-up by Cairo Angels, which will focus on Nigeria\u2019s tech ecosystem.<\/p>\n<p>12-13 September (Monday-Tuesday): Cityscape holds its <a href=\"https:\/\/www.cityscapeegypt.com\/en\/conference-zone\/Conference-Overview.html\">first pre-summit<\/a> ahead of the main annual exhibition.<\/p>\n<p>14 September (Wednesday): Expedition Investments\u2019 MTO for Domty expires.<\/p>\n<p>15 September (Thursday): Deadline for B Investments to respond to Adnoc\u2019s bid for TotalEnergies Egypt.<\/p>\n<p>15 September (Thursday): <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02AWBp1x22cds9iyFD5BqLzZmAeuPYAjEMRAD1qh62r2UtFBKmTG79hZzaMXhwhuE9l\">Deadline to apply<\/a> for the fifth phase of the export subsidy program.<\/p>\n<p>15 September (Thursday): Egypt and UN-led regional climate roundtable ahead of COP27, Beirut, Lebanon.<\/p>\n<p>15 September (Thursday): The <a href=\"https:\/\/hapijournal.com\/?p=204835\">deadline for receiving<\/a> offers for the renovation of the historic Grand Continental Hotel.<\/p>\n<p>15 September (Thursday): The first <a href=\"https:\/\/www.gecf.org\/events\/gecf-to-organise-coordination-meeting-drive-collective-solution-ahead-of-cop-27-\">Gas Exporting Countries Forum<\/a> Coordination Meeting in the Run-up to COP 27.<\/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>18 September (Sunday): Deadline to apply for investor funding under the Planning Ministry\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/76aee85d-c85b-4487-8b4e-98a1424e956f\">Smart Green Governorates<\/a> initiative.<\/p>\n<p>19-22 September (Monday-Thursday): EFG Hermes One on One Conference, Dubai.<\/p>\n<p>20 September (Tuesday): Fifth Egypt and UN-led regional climate roundtable ahead of COP27, 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>22 September (Thursday): Deadline to submit prequalification applications for companies interested in submitting a proposal for sea water desalination projects<\/p>\n<p>25-27 September (Sunday-Tuesday) A delegation of executives at Egyptian real estate companies visit Saudi Arabia to present developers with potential investments in Egypt\u2019s real estate sector.<\/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>27-29 September (Tuesday-Thursday): <a href=\"https:\/\/invest-renewables.africa\/\">Africa Renewables Investment Summit<\/a> (ARIS), Cape Town, South Africa.<\/p>\n<p>28-29 September (Wednesday-Thursday): The sixth edition of <a href=\"https:\/\/www.events.fintechrobos.com\/\">Arab Pensions and Social Ins. Conference<\/a> in Sharm El Sheikh.<\/p>\n<p><strong>OCTOBER<\/strong><\/p>\n<p>October: House of Representatives reconvenes after summer recess<\/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): Start of 2022-2023 school year.<\/p>\n<p>1 October (Saturday): 2022- 2023 academic year begins for public universities.<\/p>\n<p>4-8 October (Tuesday-Saturday): The Chemical and Fertilizers Export Council of the Trade and Industry Ministry is organizing <a href=\"https:\/\/bit.ly\/3Q6Gkr7\">a trade mission to Kenya<\/a>.<\/p>\n<p>6 October (Thursday): Armed Forces Day, national holiday.<\/p>\n<p>8 October (Saturday): Prophet Muhammad\u2019s birthday, national holiday.<\/p>\n<p>10-16 October (Monday-Sunday): <a href=\"https:\/\/www.imf.org\/en\/About\/Factsheets\/Annual-Spring-Meetings\">World Bank and IMF annual meetings<\/a>, Washington, DC.<\/p>\n<p>15 October (Saturday): Cairo Metro will launch a global tender for maintenance work on the power stations and overhead catenary system of Line 1.<\/p>\n<p>16-19 October (Sunday-Wednesday): <a href=\"https:\/\/www.cairowaterweek.eg\/\">Cairo Water Week 2022<\/a>, Nile Ritz Carlton, Cairo.<\/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>1-2 November (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>1-2 November (Tuesday-Wednesday): Arab League annual summit, Algiers, Algeria.<\/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>December: Egypt to <a href=\"https:\/\/bit.ly\/3bVoWYy\">expand Sudan electricity link capacity<\/a> to 300 MW.<\/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>1 January (Sunday): Residential electricity bills are set to rise as per the government\u2019s <a href=\"https:\/\/ent.news\/2020\/6\/%D8%A7%D9%84%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%89-%D9%84%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D9%84%D9%84%D8%AE%D9%85%D8%B3-%D8%B3%D9%86%D9%88%D8%A7%D8%AA-%D8%A7%D9%84%D9%82%D8%A7%D8%AF%D9%85%D8%A9-9-6-2020-1.pdf\">six-year roadmap (pdf)<\/a> to restructure electricity prices by 2025.<\/p>\n<p>7 January (Saturday): Coptic Christmas.<\/p>\n<p>24 January-6 February: The 54th Cairo International Book Fair, Egypt International Exhibition Center<\/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>19-21 June (Monday-Wednesday) Egypt Infrastructure and Water Expo <a href=\"https:\/\/ent.news\/2022\/9\/Announcement__EGYPT_INFRASTRUCTURE_AND_WATER_EXPO_LAUNCHES_JUNE_2023.pdf\">debuts<\/a> at the Egypt International Exhibition Center.<\/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>4Q 2022: Electricity Ministry to tender six solar projects in Aswan Governorate.<\/p>\n<p>4Q2022: Raya Holding subsidiary Aman and Qalaa Holdings\u2019 Taqa Arabia to launch their fintech company.<\/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":552498,"template":"","categories":[],"tags":[],"class_list":["post-552497","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"71b3038e-ddd9-4105-9b36-d2f76a4d2788","teaser":"","photo_url":"https:\/\/ent.news\/2022\/9\/58.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The new-age space race is upon us - 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\/the-new-age-space-race-is-upon-us\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The new-age space race is upon us\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/the-new-age-space-race-is-upon-us\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T23:46:51+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/58.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/the-new-age-space-race-is-upon-us\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/the-new-age-space-race-is-upon-us\/\",\"name\":\"The new-age space race is upon us - 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