{"id":554917,"date":"2021-11-22T13:39:33","date_gmt":"2021-11-22T13:39:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=554917"},"modified":"2025-12-16T00:41:54","modified_gmt":"2025-12-16T00:41:54","slug":"aldar-and-adq-get-regulatory-greenlight-to-acquire-90-of-sodic","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/aldar-and-adq-get-regulatory-greenlight-to-acquire-90-of-sodic\/","title":{"rendered":"Aldar and ADQ get regulatory greenlight to acquire 90% of SODIC."},"content":{"rendered":"<section id=\"554919\" 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=\"554919\">\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\/2021\/11\/22\/tonight-aldar-adq-bid-for-sodic-gets-fra-nod-are-equity-markets-on-the-brink-of-a-correction\/\">\r\n                            TONIGHT: Aldar-ADQ bid for SODIC gets FRA nod + are equity markets on the brink of a correction?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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          <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/tonight-aldar-adq-bid-for-sodic-gets-fra-nod-are-equity-markets-on-the-brink-of-a-correction\/&title=TONIGHT: Aldar-ADQ bid for SODIC gets FRA nod + are equity markets on the brink of a correction?\">\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=TONIGHT%3A+Aldar-ADQ+bid+for+SODIC+gets+FRA+nod+%2B+are+equity+markets+on+the+brink+of+a+correction%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F11%2F22%2Ftonight-aldar-adq-bid-for-sodic-gets-fra-nod-are-equity-markets-on-the-brink-of-a-correction%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" 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class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good afternoon, friends.<\/strong> Mondays are typically the slowest news days of the week, but today probably takes the cake \u2014 save for one massive story:<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a><strong> THE BIG STORY TODAY- Aldar-ADQ acquisition of SODIC gets FRA nod: <\/strong>The UAE\u2019s Aldar Properties and sovereign wealth fund ADQ\u2019s bid to acquire 90% of upmarket real estate developer SODIC just earned the regulatory greenlight, two months after the Emirati parties submitted their mandatory tender offer, according to a statement from the <a href=\"https:\/\/ent.news\/2021\/11\/Sodic-ADQ-AldarFRA.pdf\">Financial Regulatory Authority (pdf)<\/a>.<\/p>\n<p><strong>We\u2019ll have chapter and verse on the story in tomorrow\u2019s edition of EnterpriseAM.<\/strong><\/p>\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>SPAC regs are here: <\/strong>The Financial Regulatory Authority <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0c47350d-f29a-48b5-8594-8c13735eac84\">issued<\/a>the rules and regulations for investors looking to establish local blank-check firms, outlining capital requirements, shareholder structure and regulatory responsibilities SPAC founders will need to comply with.<\/li>\n<li><strong>Edita wants Ole bakeries producer: <\/strong>Edita Food Industries <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/760ea573-a3b9-4647-8f74-1adfa7b431e6\">has submitted<\/a> a non-binding letter of intent to acquire the Egyptian Belgian Company\u2019s assets, announcing it will begin due diligence which it expects to wrap up on or before 15 December.<\/li>\n<li><strong>Better quality calls on the horizon?<\/strong> Vodafone Egypt, We and Etisalat <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d1587a38-010f-448d-8257-8184a727ef48\">have received<\/a> the new cellular spectrum they were awarded in an auction <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/60c7d655-d5e0-4f32-953a-d5b1b103499e\">last year<\/a> from the National Telecommunications Regulatory Authority (NTRA), which would help the network operators majorly improve audio and transmission services.<\/li>\n<\/ul>\n<p><strong>THE BIG STORY ABROAD-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>MARKET WATCH- Are we on the brink of a market correction?<\/strong> Equity markets could enter correction territory if the US Federal Reserve decides to enact an \u201cabrupt\u201d policy change and adopt a tougher stance on addressing inflation, Professor of Finance at the Wharton School of the University of Pennsylvania Jeremy Siegel said to <a href=\"https:\/\/www.cnbc.com\/2021\/11\/21\/market-is-a-bad-inflation-report-away-from-correction-jeremy-siegel.html\">CNBC<\/a>. The speculation of a potential shift in policy \u2014 coupled with a potential changing of the guard as US President Joe Biden has yet to nominate a new head of the central bank once Jay Powell\u2019s term ends \u2014 has sent <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eaed208b-a58f-4060-9f0f-3cb326eb4a65\">waves of uncertainty<\/a> across international stock markets. Siegel criticized the Fed for being \u201cbehind the curve\u201d with its monetary policy and maintaining its quantitative easing policies, forecasting that cumulative inflation could reach 20% to 25% over the next several years.<\/p>\n<p><strong>The moment of truth: <\/strong>The next Federal Open Market Committee meeting is scheduled for 14-15 December, the outcome of which could trigger the correction Siegel is forecasting.<\/p>\n<p><strong>The FOMC meeting will wrap one day before the Central Bank of Egypt\u2019s Monetary Policy Committee will sit down<\/strong> to decide on interest rates here at home. Rising global inflation has so far not pushed the CBE to enact any interest rate changes, with an eye to protect the all-important carry trade.<\/p>\n<p><strong>Iran-backed Houthi fighters are using bomb-laden boats in the southern Red Sea<\/strong>, creating \u201cimminent danger\u201d to global shipping and trade, the Saudi-led coalition on Yemen said, according to <a href=\"https:\/\/bit.ly\/3DGl2vj\">Al Arabiya<\/a>. The coalition said it is \u201cneutralizing\u201d the threat and is taking \u201coperational measures\u201d against the maritime threat to ensure freedom of navigation, without providing further details. The incident comes after the Houthis said they used drones to attack airports and <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/yemens-houthis-say-they-attacked-saudi-cities-aramco-facilities-2021-11-20\/\">Aramco refineries<\/a> in Saudi.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>FOR TOMORROW-<\/strong><\/p>\n<p>The new administrative capital plays host to a <strong>Comesa summit<\/strong> starting tomorrow, the same day the state\u2019s SECC hosts a webinar on <strong><a href=\"https:\/\/register.gotowebinar.com\/register\/1994227539316855563\">fintech in Egypt<\/a><\/strong>.<\/p>\n<p><strong>ITIDA and the Software Engineering Competence Center are hosting a webinar on the <\/strong><strong>future of fintech in Egypt <\/strong>tomorrow. The event will look at the current landscape and expected changes in light of new tech, regulations and market changes. You can register to attend <a href=\"https:\/\/register.gotowebinar.com\/register\/1994227539316855563\">here<\/a>.<\/p>\n<p><strong>BOOK LAUNCH- <\/strong><strong><a href=\"https:\/\/www.amazon.com\/Up-Doing-Street-Washington-Investing\/dp\/163331054X\">Up and Doing<\/a><\/strong><strong>, a memoir penned by Egyptian-American Enterprise Fund <\/strong><strong>Chairman James Harmon<\/strong> (<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7631af1a-495f-4db0-bcc1-3563e1f33f0d\">Morning Routine<\/a>), will be published tomorrow. The memoir recounts Harmon\u2019s career as a banker and discusses \u201chow markets can move the world forward by creating stable, growing economies and sound [transactions] that promote economic development.\u201d<\/p>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>The Home Appliances and Table Show (<\/strong><strong><a href=\"http:\/\/hatsegypt.com\/\">HATS Egypt<\/a><\/strong><strong>)<\/strong> kicked off today and wraps up on Wednesday. The event is organized by the Engineering Export Council of Egypt and brings together companies working in the home appliances sector.<\/p>\n<p>Startup gathering <strong><a href=\"https:\/\/www.facebook.com\/events\/857701738279267\/\">RiseUp<\/a><\/strong> starts on Thursday and runs through Saturday.<\/p>\n<p>The <strong><a href=\"https:\/\/www.facebook.com\/CairoFilms\/photos\/a.386668088207064\/1611462495727611\/\">Cairo International Film Festival<\/a><\/strong> kicks off its weeklong run this coming Friday.<\/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>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>Expect a daytime high of 24\u00b0C tomorrow and a nighttime low of 14\u00b0C, our favorite weather app tells us. The cool weather will continue until Saturday before the mercury rises to 30\u00b0C once again.<\/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\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hollydesk\/\">HollyDesk<\/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\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us-federal-reserve\/\">US Federal Reserve<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/yemen\/\">Yemen<\/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=\"554920\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 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class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240928.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.beltoneholding.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27484.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Where disruption meets success<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-oz78nd6\" data-v=\"4\" data-block-id=\"oz78nd6\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-oz78nd6-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-oz78nd6-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240936.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/cira.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27480.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Shaping the future of education in Egypt<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" 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256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"554921\" 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=\"554921\">\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\/2021\/11\/22\/big-tech-thinks-you-dont-need-to-be-working-so-much-college-dropouts-japans-space-program-wants-you\/\">\r\n                            Big Tech thinks you don\u2019t need to be working so much + College dropouts, Japan\u2019s space program wants you.                        <\/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\/2021\/11\/22\/big-tech-thinks-you-dont-need-to-be-working-so-much-college-dropouts-japans-space-program-wants-you\/\" target=\"_blank\">\n                    Open in new tab              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program wants you.\">\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=Big+Tech+thinks+you+don%E2%80%99t+need+to+be+working+so+much+%2B+College+dropouts%2C+Japan%E2%80%99s+space+program+wants+you.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F11%2F22%2Fbig-tech-thinks-you-dont-need-to-be-working-so-much-college-dropouts-japans-space-program-wants-you%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\/2021\/11\/22\/big-tech-thinks-you-dont-need-to-be-working-so-much-college-dropouts-japans-space-program-wants-you\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/196.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"554922\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/big-tech-thinks-you-dont-need-to-be-working-so-much-college-dropouts-japans-space-program-wants-you\/196-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/196.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"196.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/196.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/196.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-554921\" class=\"content-area-description single-story post-554921 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-apple tag-climate-change tag-enterprisepm tag-for-your-commute tag-green-bonds tag-japan tag-microsoft tag-nasa tag-saudi-arabia tag-space tag-technology 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>Can Big Tech help us achieve a healthier work-life balance?<\/strong> The rise of new software and tools to help remote workers disconnect from their day jobs could instigate a major cultural shift in how we manage our time after hours, writes tech columnist Parmy Olson in <a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2021-11-22\/big-tech-can-influence-our-work-life-balance-more-than-portugal-law?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg Opinion<\/a>. Tools allowing people to block work notifications past a certain time and control who can message them can help battle the \u201coverwork culture\u201d made worse by the pandemic-induced remote work boom. Microsoft earlier this year said it was expanding its Quiet Time feature across Teams and Outlook, while Apple has launched a Personal Mode feature to allow users to control which people and apps can message them during personal time.<\/p>\n<p><strong>But isn\u2019t Big Tech the reason we\u2019re here in the first place?<\/strong> The irony of the tech companies whose chat and co-working tools facilitated the demise of personal time now coming up with a solution to resurrect it is not lost on us, but it is a development that is welcomed by many. The more these tools become available, the more they signal to people that a healthy work-life balance is a right they should (and now, can) entertain. And making these tools available will probably be more effective than trying to safeguard personal time through regulation, as in the case of Portugal, which recently passed a law <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/197de7d3-9da4-49ad-9fbf-6aeda85c7f67\">banning managers from messaging<\/a> their employees after working hours, though its method of implementation remains unclear.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>How green will Saudi\u2019s planned green bonds actually be? <\/strong>With the world\u2019s top oil exporter Saudi Arabia planning to enter the green bond market, investors are split on whether to take its claims over its environmental targets seriously, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-11-18\/esg-investors-take-sides-as-saudi-arabia-readies-green-bond-sales?srnd=premium-middle-east\">Bloomberg<\/a> reports. The oil exporter has rejected an International Energy Agency analysis calling for an end to new fossil fuels exploration, and has said it would aim for <a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-58955584\">net zero emissions by 2060<\/a>, without specifying how it will get there. The Saudi government and sovereign wealth fund are preparing to sell green bonds in the coming months, in transactions that may raise bns of USD and will help finance projects such as a sustainable tourism resort on the Red Sea powered entirely by renewable energy, according to the report.<\/p>\n<p><strong>Reality check: The bonds will likely find plenty of buyers. <\/strong>Given the insatiable investor appetite for all things green as of late, and given the kingdom's efforts to recast itself in an environmentally-concerned world, many investors will likely shrug off the optics of buying green bonds from the world\u2019s top oil exporter. As part of its environmentally friendly makeover, Saudi Arabia recently <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cb5096af-9140-4741-a722-a5ad79c799e6\">announced<\/a> plans to build a floating city on the Red Sea powered entirely by renewables.<\/p>\n<p><strong>No college degree? No worries, you can still fulfill your childhood dream of going into space:<\/strong> The Japan Aerospace Exploration Agency (<a href=\"https:\/\/global.jaxa.jp\/\">JAXA<\/a>) is waiving requirements for would-be space travelers, allowing anyone with a minimum of three years of work experience in any field to enter the country\u2019s space program, reports <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-11-22\/college-degree-no-longer-needed-to-apply-for-japan-space-program?srnd=premium-middle-east\">Bloomberg<\/a>. The agency has also relaxed height requirements and announced plans to launch a campaign to encourage more women to embark on careers in space. Japan does not have any female astronauts, and female astronauts are in short supply at NASA and the European Space Agency as well.<\/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\/apple\/\">Apple<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/green-bonds\/\">green bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/japan\/\">Japan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/microsoft\/\">microsoft<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/space\/\">space<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/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=\"554923\" 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=\"554923\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ENTERPRISE RECOMMENDS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/got-fans-should-check-out-the-wheel-of-time-using-data-to-derive-insights-from-the-worlds-biggest-startups\/\">\r\n                            GoT fans should check out The Wheel of Time + Using data to derive insights from the world\u2019s biggest startups                        <\/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\/2021\/11\/22\/got-fans-should-check-out-the-wheel-of-time-using-data-to-derive-insights-from-the-worlds-biggest-startups\/\" 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\/2021\/11\/22\/got-fans-should-check-out-the-wheel-of-time-using-data-to-derive-insights-from-the-worlds-biggest-startups\/')\">\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\/2021\/11\/22\/got-fans-should-check-out-the-wheel-of-time-using-data-to-derive-insights-from-the-worlds-biggest-startups\/\">\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=GoT fans should check out The Wheel of Time + Using data to derive insights from the world\u2019s biggest startups&url=https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/got-fans-should-check-out-the-wheel-of-time-using-data-to-derive-insights-from-the-worlds-biggest-startups\/\">\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\/2021\/11\/22\/got-fans-should-check-out-the-wheel-of-time-using-data-to-derive-insights-from-the-worlds-biggest-startups\/&title=GoT fans should check out The Wheel of Time + Using data to derive insights from the world\u2019s biggest startups\">\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=GoT+fans+should+check+out+The+Wheel+of+Time+%2B+Using+data+to+derive+insights+from+the+world%E2%80%99s+biggest+startups+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F11%2F22%2Fgot-fans-should-check-out-the-wheel-of-time-using-data-to-derive-insights-from-the-worlds-biggest-startups%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\/2021\/11\/22\/got-fans-should-check-out-the-wheel-of-time-using-data-to-derive-insights-from-the-worlds-biggest-startups\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/197.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"554924\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/got-fans-should-check-out-the-wheel-of-time-using-data-to-derive-insights-from-the-worlds-biggest-startups\/197-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/197.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"197.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/197.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/197.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-554923\" class=\"content-area-description single-story post-554923 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-recommends-2 tag-art tag-enterprise-recommends tag-enterprisepm 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><\/p>\n<p>(all times CLT)<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Epic fantasy series <\/strong><strong><a href=\"https:\/\/www.amazon.com\/Wheel-Time-Season-1\/dp\/B09F59CZ7R\">The Wheel of Time<\/a><\/strong><strong> comes to Amazon Prime:<\/strong> Based on the 14-novel series by Robert Jordan, the fantasy show is an earnest saga of friends embarking on a clear-cut quest to save the world. The Wheel of Time follows an all-magical, all-women organization called the Aes Sedai led by Moiraine (played by Rosamund Pike). The Aes Sedai attempt to fight the forces of darkness, but their main goal is to find the Dragon Reborn \u2014 a person who has enough magic to either save or destroy the world\u2026 depending on who finds them first. The show is being recommended to fans of Game of Thrones and the first season is out now on Amazon Prime.<\/p>\n<p>\u26bd <strong>It\u2019s a quiet day in European football in preparation for the decisive rounds of the Champions <\/strong><strong>League<\/strong> tomorrow and the day after.<\/p>\n<p><strong>Here at home: <\/strong>Ghazl El Mahalla will play against Al Ahly on the former\u2019s home turf today in a match as part of the fifth round of the local Premier League at 5:30pm. Ghazl El Mahalla occupies fourth place with two victories and two draws without any defeats so far, while Al Ahly is leading with a victorious streak. At 8pm, Zamalek (currently ranking third) will play on their home turf against National Bank, while El Gouna will hit the field against Al Masry at the same time.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><\/p>\n<p>(all times CLT)<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Ubuntu Art Gallery has launched two new exhibitions: <\/strong><a href=\"https:\/\/www.facebook.com\/events\/s\/licorice-%D8%B9%D8%B1%D9%82%D8%B3%D9%88%D8%B3\/625827945495890\/\">Licorice<\/a> shows off the latest work by contemporary painter Dina AbdelNabi whose work has shown in the Museum of Egyptian Modern Art and in exhibitions worldwide. Meanwhile, <a href=\"https:\/\/www.facebook.com\/events\/s\/abi-park\/1467990433594281\/\">Abi Park<\/a> by Omar Gabr shows paintings that are inspired by his experience recovering from cancer at a young age.<\/p>\n<p><strong>Journalism professor Mervat Abou Oaf is moderating <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/do-we-use-media-or-get-abused-\/4518323974903002\/\">a panel discussion<\/a><\/strong> <strong>on media\u2019s<\/strong><strong> effect on society.<\/strong> The talk, titled \u201cDo we use media or get abused by it?\u201d takes place this Wednesday at 6pm at the AUC Campus in New Cairo.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>A data-driven approach to understand what differentiates the world\u2019s biggest <\/strong><strong>startups:<\/strong> <a href=\"https:\/\/www.amazon.com\/Super-Founders-Reveals-Billion-Dollar-Startups\/dp\/1541768426\">Super Founders<\/a> by Ali Tamaseb utilizes what may be the largest dataset ever collected on startups \u2014 put together by the author \u2014 to look at the success factors of USD bn startups including Zoom, Facebook, Paypal, Airbnb, YouTube, and LinkedIn. Tamaseb looks at several factors, including number of competitors, market size, founders\u2019 age, their universities\u2019 rankings, quality of investors, and fundraising timeline \u2014 and comes to unexpected conclusions based on his analysis. Some of the most surprising finds include the fact that most unicorn founders had no industry experience and already had strong competitors in the market when they launched. Through these insights and more, Tamaseb creates a data-driven guide for entrepreneurs looking to create a successful business.<\/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\/art\/\">art<\/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\/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=\"554925\" 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=\"554925\">\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\/2021\/11\/22\/mopco-sees-171-y-o-y-increase-in-bottom-line-in-3q2021\/\">\r\n                            Mopco sees 171% y-o-y increase in bottom line in 3Q2021                        <\/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\/2021\/11\/22\/mopco-sees-171-y-o-y-increase-in-bottom-line-in-3q2021\/\" 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\/2021\/11\/22\/mopco-sees-171-y-o-y-increase-in-bottom-line-in-3q2021\/')\">\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\/2021\/11\/22\/mopco-sees-171-y-o-y-increase-in-bottom-line-in-3q2021\/\">\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=Mopco sees 171% y-o-y increase in bottom line in 3Q2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/mopco-sees-171-y-o-y-increase-in-bottom-line-in-3q2021\/\">\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\/2021\/11\/22\/mopco-sees-171-y-o-y-increase-in-bottom-line-in-3q2021\/&title=Mopco sees 171% y-o-y increase in bottom line in 3Q2021\">\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=Mopco+sees+171%25+y-o-y+increase+in+bottom+line+in+3Q2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F11%2F22%2Fmopco-sees-171-y-o-y-increase-in-bottom-line-in-3q2021%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\/2021\/11\/22\/mopco-sees-171-y-o-y-increase-in-bottom-line-in-3q2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-554925\" class=\"content-area-description single-story post-554925 post type-post status-publish format-standard hentry category-go-with-the-flow tag-earnings-watch tag-egx tag-enterprisepm tag-go-with-the-flow tag-mopco 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>Misr Fertilizers Production Company (Mopco) reported a 171% y-o-y increase in<\/strong><strong> its bottom line in 3Q2021<\/strong> to EGP 1.34 bn, according to the company\u2019s <a href=\"https:\/\/ent.news\/2021\/11\/MOPCO-Earnings-3Q2021.pdf\">quarterly financials (pdf)<\/a>. The state-owned company reported EGP 2.90 bn in net revenues for the quarter, up 69% y-o-y.<sup><\/sup><\/p>\n<p><strong>MARKET ROUNDUP- <\/strong><\/p>\n<p><strong>The EGX30 rose 0.8% at today\u2019s close<\/strong> on turnover of EGP 764 mn (47.4% below the 90-day average). Regional investors were net buyers. The index is up 4.7% YTD.<\/p>\n<p><strong>In the green: <\/strong>Rameda (+6.8%), EFG Hermes (+5.9%) and Pioneers Properties (+3.5%).<\/p>\n<p><strong>In the red: <\/strong>Fawry (-1.7%), Egypt Kuwait Holding-EGP (-0.8%) and Oriental Weavers (-0.6%).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/earnings-watch\/\">earnings watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mopco\/\">Mopco<\/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=\"554926\" 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=\"554926\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">GENDER EQUALITY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/how-to-forge-the-path-to-an-equitable-post-covid-economic-recovery-according-to-un-women\/\">\r\n                            How to forge the path to an equitable post-covid economic recovery, according to UN Women                        <\/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\/2021\/11\/22\/how-to-forge-the-path-to-an-equitable-post-covid-economic-recovery-according-to-un-women\/\" 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\/2021\/11\/22\/how-to-forge-the-path-to-an-equitable-post-covid-economic-recovery-according-to-un-women\/')\">\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\/2021\/11\/22\/how-to-forge-the-path-to-an-equitable-post-covid-economic-recovery-according-to-un-women\/\">\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=How to forge the path to an equitable post-covid economic recovery, according to UN Women&url=https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/how-to-forge-the-path-to-an-equitable-post-covid-economic-recovery-according-to-un-women\/\">\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\/2021\/11\/22\/how-to-forge-the-path-to-an-equitable-post-covid-economic-recovery-according-to-un-women\/&title=How to forge the path to an equitable post-covid economic recovery, according to UN Women\">\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=How+to+forge+the+path+to+an+equitable+post-covid+economic+recovery%2C+according+to+UN+Women+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F11%2F22%2Fhow-to-forge-the-path-to-an-equitable-post-covid-economic-recovery-according-to-un-women%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\/2021\/11\/22\/how-to-forge-the-path-to-an-equitable-post-covid-economic-recovery-according-to-un-women\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/200.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"554927\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/how-to-forge-the-path-to-an-equitable-post-covid-economic-recovery-according-to-un-women\/200-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/200.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"200.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/200.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/200.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-554926\" class=\"content-area-description single-story post-554926 post type-post status-publish format-standard has-post-thumbnail hentry category-gender-equality tag-enterprisepm tag-gender tag-gender-equality tag-social-welfare 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-08\"><\/a> <strong>How to pave the way to a new social contract in the global post-covid economic<\/strong><strong> recovery:<\/strong> Covid-19 has had a disproportionate effect on women, who are bearing the brunt of the economic, healthcare, and environmental crises that spiraled in the aftermath of the pandemic, according to UN Women. These crises and how they intersect are \u201cdeeply rooted\u201d in a global system that \u201cfreerides on women\u2019s unpaid and underpaid labour, exploits the natural environment and has led to an extreme concentration of wealth and power among the few while causing a deep sense of insecurity among the many,\u201d the organization says in its <a href=\"https:\/\/ent.news\/2021\/11\/Feminist-plan-for-sustainability-and-social-justice-en.pdf\">Feminist Plan for Sustainability and Social Justice report (pdf)<\/a>.<\/p>\n<p><strong>What are the issues women are facing?<\/strong> The report indicates that women lost their jobs at an alarming rate, with one in five women across 45 countries saying they fell out of employment during the pandemic. This phenomenon was exacerbated by the childcare crisis: As schools and daycare centers shut down, many women were forced to leave the workforce to tend to their children at home. This trend did not hold up among partnered men with children, as a larger proportion of women with children took on childcare responsibilities. Women also bore the brunt of providing care for ill family and community members, the report says. The pandemic and shift to WFH also pushed up domestic abuse rates, and expects a jump in child marriage and FGM rates as more girls stayed home from school.<\/p>\n<p><strong>These aftershocks have been even more pronounced across the developing world<\/strong>, where many women earn their income from the informal economy. Nationwide lockdowns in early 2020 as the virus that causes covid-19 first began to spread \u201cprevented almost three-quarters of informal workers from doing their jobs in April 2020,\u201d according to the report. While income fell \u201cdramatically\u201d across the board, women\u2019s average earnings dropped to 19% of their pre-covid levels, while men saw their earnings fall to around 25% of what they were before the pandemic. And once lockdowns began to ease, women\u2019s earnings recovery lagged that of men \u2014 as of mid-2020, men\u2019s average earnings rebounded to 65% of pre-covid levels, compared to 50% for women.<\/p>\n<p><strong>Egypt is no exception \u2014 although the specifics diverge a little from the global trend:<\/strong> The jobless rate here at home skyrocketed to a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/80fdf495-1342-4345-a5bd-6387379141bd\">near two-year high in 2Q2020<\/a>, with Capmas data indicating that a large number of working women left the workforce to stay home and look after kids or other family members. Women in Egypt shed jobs at a faster rate than men, but this trend was predominant in the informal sector and among women working in private sector jobs, Deputy Country Representative at UN Women Egypt Gielan El Messiri told Enterprise. Many of those who exited the workforce were forced to do so as they took on the burden of childcare. Women working in the public sector typically have greater levels of job protection than those who have private sector jobs, according to El Messiri.<\/p>\n<p><strong>Also not helping matters: Concerns about the short-term side effects of vaccination.<\/strong> Across Africa, many women who are primary or sole breadwinners <a href=\"https:\/\/apnews.com\/article\/coronavirus-pandemic-business-lifestyle-europe-philanthropy-31fd688936caec29ff082412ef23e30a\">are refusing<\/a> to take the vaccine over fears that the side effects of inoculation \u2014 including fatigue and fever \u2014 could force them to miss out on even a single day of work. This concern, coupled with misinformation about the jabs reducing chances of childbearing, is widening the gender gap in vaccination levels across the continent, and ultimately slowing down efforts to put an end to the pandemic.<\/p>\n<p><strong>So, how can we go about fixing these issues?<\/strong> Progressive taxation to address gender imbalances in tax policies, improving workplace safety and expanded social protections for women are among the many policy prescriptions outlined in the report that could help create a more just and equitable economy in the aftermath of the pandemic. The report also stresses the need for a \u201cbig public investment push\u201d to lay the foundation for structural transformation, including investments in the care economy, and creating jobs for women in the green economy. These policies would help trigger \u201ca much faster decline in unemployment than a strategy that stifles recovery through premature austerity and budget cuts.\u201d<\/p>\n<p><strong>How Egypt is faring on these policy prescriptions:<\/strong> At the outset of the pandemic, the government <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f81a9b44-52eb-4d20-94fb-6457fa38ee1a\">deepened its investments<\/a> in the Takaful and Karama welfare programs, which was first introduced in 2015 and primarily support poor women and children. UN Women Egypt has been working on advancing progressive taxation in Egypt and has also been working with state authorities to \u201cdeepen the work that is happening around gender-responsive budgeting\u201d and to account more for the implications of expenditure on women and men, according to El Messiri.<\/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\/gender\/\">gender<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gender-equality\/\">GENDER EQUALITY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-welfare\/\">social welfare<\/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=\"554928\" 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\/2021\/11\/22\/554928\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-554928\" class=\"content-area-description single-story post-554928 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>November: The French-Egyptian Business Forum is set to take place in the Suez Canal Economic Zone.<\/p>\n<p>November: Egypt will <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/163314772505618\">host another round of talks<\/a> to reach a potential Egyptian-Eurasian trade agreement, which can significantly contribute to increasing the volume of Egyptian exports to the Russia-led bloc that includes Armenia, Belarus, Kazakhstan and Kyrgyzstan.<\/p>\n<p>22-24 November (Monday-Wednesday): The Home Appliances and Table Show (<a href=\"http:\/\/hatsegypt.com\/\">HATS Egypt<\/a>) is taking place, organized by the Engineering Export Council of Egypt.<\/p>\n<p>23 November: 2021 Common Market for Eastern and Southern Africa (Comesa) summit in Sharm El Sheikh.<\/p>\n<p>23 November (Tuesday): Webinar on <a href=\"https:\/\/register.gotowebinar.com\/register\/1994227539316855563\">FinTech Future in Egypt<\/a>.<\/p>\n<p>25 November (Thursday): Rameda Pharma\u2019s <a href=\"https:\/\/bit.ly\/3bCRthH\">annual general meeting (pdf)<\/a>, at which it will decide on the sale of a 5% stake in the company from an individual shareholder to an unnamed institutional investor.<\/p>\n<p>25 November (Thursday): Ibnsina Pharma\u2019s <a href=\"https:\/\/ent.news\/2021\/11\/Ibn-Sina_Pharma-earnings-report-141121.pdf\">extraordinary general assembly meeting (pdf)<\/a> to discuss the company\u2019s planned capital increase to EGP 280 mn through a share issuance.<\/p>\n<p>25-27 November (Thursday-Saturday): <a href=\"https:\/\/www.facebook.com\/events\/857701738279267\/\">RiseUp Summit<\/a>, Cairo, Egypt.<\/p>\n<p>26 November-5 December (Friday-Sunday): <a href=\"https:\/\/www.facebook.com\/CairoFilms\/photos\/a.386668088207064\/1611462495727611\/\">The 43rd Cairo International Film Festival<\/a>.<\/p>\n<p>28 November-1 December (Sunday-Wednesday): <a href=\"https:\/\/creativeindmena.com\/\">Creative Industry Summit<\/a>, Nile Ritz-Carlton.<\/p>\n<p>29 November-2 December (Monday-Thursday): <a href=\"https:\/\/www.egyptdefenceexpo.com\/\">Egypt Defense Expo<\/a>, Egypt International Exhibition Centre.<\/p>\n<p>30 November (Tuesday): Launch of open call by KfW for green project proposals in Egypt as part of their <a href=\"https:\/\/ent.news\/2021\/11\/2021-11-08_FINAL_EGY-ONLY-announcement-en-1.pdf\">Investing for Employment facility (pdf).<\/a><\/p>\n<p>End of November: El Nasr Automotive expects to have found a replacement for Dongfeng as its partner for its local EV assembly plans.<\/p>\n<p>1 December (Wednesday): Unvaccinated members of the public will be banned from government buildings from this date; unvaccinated students will be prevented from accessing university campuses.<\/p>\n<p>1 December (Wednesday): Government departments will begin moving to offices in the new capital.<\/p>\n<p>5 December (Sunday): Purchasing managers\u2019 index figures for November for Egypt, Saudi Arabia, and Qatar will be released.<\/p>\n<p>7-8 December (Tuesday-Wednesday): <a href=\"https:\/\/northafricatradefinance.com\/\">North Africa Trade Finance Summit<\/a>.<\/p>\n<p>8-10 December (Wednesday-Thursday): <a href=\"https:\/\/www.gfhsegypt.com\/\">Global Forum for Higher Education and Scientific Research (GFHS)<\/a>, Cairo, Egypt.<\/p>\n<p>10 December (Friday): Capmas will release November inflation figures.<\/p>\n<p>12 December (Sunday): Raya Holding\u2019s Ordinary General Assembly meeting.<\/p>\n<p>12-14 December (Sunday-Tuesday): <a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa Cairo<\/a> trade exhibition, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>13-17 December: United Nations Convention against Corruption, Sharm El Sheikh, Egypt.<\/p>\n<p>14 December (Tuesday): Inquiry session for the <a href=\"https:\/\/alborsaanews.com\/2021\/11\/21\/1483299\">Industrial Development Authority<\/a>\u2019s licenses to manufacture steel products.<\/p>\n<p>14-19 December (Tuesday-Sunday): <a href=\"https:\/\/www.facebook.com\/cifcet\/\">The Cairo International Festival for Experimental Theater<\/a>.<\/p>\n<p>14-15 December (Tuesday-Wednesday): The Federal Reserve meets to review interest rates.<\/p>\n<p>15 December (Wednesday): Deadline for joint stock companies and investment companies in Cairo to join e-invoicing platform.<\/p>\n<p>15 December (Wednesday): Target date for snackmaker Edita to wrap up due diligence on its acquisition of the Ole brand owner Egyptian Belgian Company.<\/p>\n<p>15 December (Wednesday): The European Bank for Reconstruction and Development will give its final approval for a USD 100 mn facility to state-owned Banque Misr to finance local SMEs working on green projects.<\/p>\n<p>16 December (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>End of 4Q2021: EdVentures plans to have closed at least one more edtech investment round.<\/p>\n<p>End of 4Q2021: Fawry plans to have launched its MyFawry card.<\/p>\n<p>1H2022: The World Economic Forum annual meeting, location TBD.<\/p>\n<p>1H2022:: e-Aswaaq\u2019s tourism platform will roll out its ticketing and online booking portal across Egypt.<\/p>\n<p>1H2022: e-Finance\u2019s digital healthcare service platform, eHealth, will launch its services.<\/p>\n<p>1Q2022: <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9cd1fc44-1593-4317-8658-0aa792215521\">Launch of the Egyptian Commodities Exchange<\/a>.<\/p>\n<p>1Q2022: Swvl acquisition of Viapool expected to close.<\/p>\n<p>1 January 2022: Capital gains tax comes into effect on the EGX for local investors.<\/p>\n<p>7 January 2022 (Friday): Coptic Christmas.<\/p>\n<p>10-13 January 2022 (Monday-Thursday): <a href=\"https:\/\/wyfegypt.com\/\">World Youth Forum<\/a>, Sharm El Sheikh.<\/p>\n<p>15 January (Saturday): Target date for the finalization of snackfood giant Edita\u2019s acquisition of the Egyptian Belgian Company, owner of the Ole brand.<\/p>\n<p>17-19 January 2022 (Monday-Wednesday): <a href=\"https:\/\/www.worldfutureenergysummit.com\/en-gb.html\">World Future Energy Summit<\/a>, Abu Dhabi.<\/p>\n<p>27 January 2022 (Tuesday): National holiday in observance of 25 January revolution anniversary \/ Police Day.<\/p>\n<p>11 February 2022 (Friday): <a href=\"https:\/\/finance.yahoo.com\/news\/vistas-media-acquisition-company-inc-203000610.html\">Deadline for Anghami SPAC merger<\/a>.<\/p>\n<p>11-13 February (Friday-Sunday) FIBA Intercontinental Cup, Cairo.<\/p>\n<p>14-16 February 2022 (Monday-Wednesday): Egypt Petroleum Show, Egypt International Exhibition Center, New Cairo, Egypt.<\/p>\n<p>15 February 2022 (Tuesday): The Industrial Development Authority\u2019s deadline for <a href=\"https:\/\/alborsaanews.com\/2021\/11\/21\/1483299\">receiving offers<\/a> from companies for licenses to manufacture steel products.<\/p>\n<p>19 February 2022 (Saturday): Public universities begin the second term of the 2021-2022 academic year.<\/p>\n<p>March 2022: 4Q2021 earnings season.<\/p>\n<p>March 2022: World Cup playoffs.<\/p>\n<p>2 April 2022 (Saturday): First day of Ramadan (TBC).<\/p>\n<p>22-24 April 2022 (Friday-Sunday):<a href=\"http:\/\/sdg.iisd.org\/events\/2022-spring-meetings-of-the-world-bank-group-and-the-international-monetary-fund\/\">World Bank-IMF spring meeting<\/a>, Washington D.C.<\/p>\n<p>24 April 2022 (Sunday): Coptic Easter Sunday (holiday for Coptic Christians).<\/p>\n<p>25 April 2022 (Monday): Sham El Nessim.<\/p>\n<p>25 April 2022 (Monday): Sinai Liberation Day.<\/p>\n<p>Late April - 15 May 2022: 1Q2022 earnings season<\/p>\n<p>May 2022: Investment in Logistics Conference, Cairo, Egypt.<\/p>\n<p>2 May 2022 (Monday): Eid El Fitr (TBC).<\/p>\n<p>16 June 2022 (Thursday): End of 2021-2022 academic year for public schools.<\/p>\n<p>27 June-3 July 2022 (Monday-Sunday): World University Squash Championships, New Giza.<\/p>\n<p>30 June 2022 (Thursday): June 30 Revolution Day, national holiday.<\/p>\n<p>2H2022: <a href=\"https:\/\/www.ief.org\/news\/egypt-to-host-8th-ief-igu-ministerial-gas-forum-in-2022\">IEF-IGU Ministerial Gas Forum<\/a>, Egypt. Date + location TBA.<\/p>\n<p>8 July 2022 (Friday): Arafat Day.<\/p>\n<p>9-13 July 2022 (Saturday-Wednesday): Eid Al Adha, national holiday.<\/p>\n<p>30 July 2022 (Saturday): Islamic New Year.<\/p>\n<p>Late July - 14 August 2022: 2Q2022 earnings season.<\/p>\n<p>6 October 2022 (Thursday): Armed Forces Day, national holiday.<\/p>\n<p>8 October 2022 (Saturday): Prophet Muhammad\u2019s birthday.<\/p>\n<p>18-20 October 2022 (Tuesday-Thursday): Mediterranean Offshore Conference, Alexandria, Egypt.<\/p>\n<p>Late October - 14 November 2022: 3Q2022 earnings season.<\/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 below 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":554918,"template":"","categories":[],"tags":[],"class_list":["post-554917","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"48dd61d8-27dd-4267-98fc-9d80093a20ab","teaser":"","photo_url":"https:\/\/ent.news\/2021\/11\/194.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>Aldar and ADQ get regulatory greenlight to acquire 90% of SODIC. - 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\/aldar-and-adq-get-regulatory-greenlight-to-acquire-90-of-sodic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aldar and ADQ get regulatory greenlight to acquire 90% of SODIC.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/aldar-and-adq-get-regulatory-greenlight-to-acquire-90-of-sodic\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T00:41:54+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/194.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\/aldar-and-adq-get-regulatory-greenlight-to-acquire-90-of-sodic\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/aldar-and-adq-get-regulatory-greenlight-to-acquire-90-of-sodic\/\",\"name\":\"Aldar and ADQ get regulatory greenlight to acquire 90% of SODIC. - 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