{"id":556706,"date":"2021-10-12T13:55:12","date_gmt":"2021-10-12T13:55:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=556706"},"modified":"2025-12-16T01:23:48","modified_gmt":"2025-12-16T01:23:48","slug":"enterprise-the-global-economic-recovery-is-holding-steady-but-at-risk-the-imf-says-in-its-latest-global-forecast","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/enterprise-the-global-economic-recovery-is-holding-steady-but-at-risk-the-imf-says-in-its-latest-global-forecast\/","title":{"rendered":"Enterprise The global economic recovery is holding steady \u2014 but at risk, the IMF says in its latest global forecast"},"content":{"rendered":"<section id=\"556708\" 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=\"556708\">\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\/10\/12\/tonight-the-imfs-latest-weo-sees-a-relatively-steady-global-economic-recovery-ain-sokhna-is-getting-more-dp-world-investments\/\">\r\n                            TONIGHT: The IMF\u2019s latest WEO sees a relatively steady global economic recovery + Ain Sokhna is getting more DP World investments                        <\/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\/10\/12\/tonight-the-imfs-latest-weo-sees-a-relatively-steady-global-economic-recovery-ain-sokhna-is-getting-more-dp-world-investments\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Still, we have plenty of news:<\/p>\n<p><strong>THE BIG STORIES TODAY so far-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>#1- The global economic recovery is holding steady \u2014 but increasingly at <\/strong><strong>risk.<\/strong> That\u2019s the main takeaway from the IMF\u2019s latest <strong><a href=\"https:\/\/ent.news\/2021\/10\/World-Economic-Outlook-Oct-2021-IMF.pdf\">World Economic Outlook<\/a><\/strong><a href=\"https:\/\/ent.news\/2021\/10\/World-Economic-Outlook-Oct-2021-IMF.pdf\">report (pdf)<\/a>, in which the lender marginally downgraded its projection for global growth in 2021. The report warns that vaccine inequality and economic divergence between developed and developing nations will exacerbate three big risks: Health concerns, supply disruptions, and price pressures.<\/p>\n<p><strong>#2- Ain Sokhna Port is getting fresh investments from DP World and CDC Group:<\/strong> Emirati port giant DP World and the UK\u2019s development finance arm CDC Group are setting up a new USD 1.7 bn platform to invest in African ports and logistics infrastructure, DP World <a href=\"https:\/\/www.dpworld.com\/news\/releases\/dp-world-partners-with-cdc-group-to-create-africa-investment-platform\/\">announced in a statement<\/a>. Up for a slice of the investments so far: Egypt\u2019s Ain Sokhna Port, Senegal\u2019s Port of Dakar, and Somaliland\u2019s Berbera Port.<\/p>\n<p><strong>#3- <\/strong><strong>Fawry makes its first investment away from home:<\/strong> Egyptian e-payments giant Fawry just finalized its first overseas investment, participating in a USD 5 mn funding round for Sudanese classifieds platform and marketplace, alsoug.com.<\/p>\n<p><strong>#4- The size of the retail tranche of e-Finance\u2019s retail offering will be unchanged at 1.6%<\/strong>, we\u2019re told by a source close to the transaction. We had done math in EnterpriseAM, based on a Reuters report, that suggested the size of the retail offering was expanding. The FRA said in a statement out yesterday that the company could increase the total size of the offering to 417.8 mn shares (against nearly 258 mn shares originally), or 26.1% of e-Finance\u2019s shares. If the company were to price the offering at the top of the range it has communicated, <strong>the transaction could be worth more than EGP 5.8 bn<\/strong>, making it one of the largest Egyptian IPOs in recent memory.<\/p>\n<p><strong>^^ We\u2019ll have the full rundown on these stories and more in tomorrow\u2019s edition of EnterpriseAM.<\/strong><\/p>\n<p><strong>HAPPENING NOW- European markets are mixed this afternoon<\/strong>, with the DAX 30, FTSE 100 and CAC 40 all in the red at dispatch time, but the Stoxx 600 (just barely) in the green. European benchmarks have largely followed the tone set in Asia earlier today, where shares in Hong Kong, Seoul, Tokyo and Shanghai all closed in the red. <strong>The big surprise: Wall Street looks set to open in the green<\/strong>, a flip from earlier today. The EGX30 closed up 0.7% today on weak volumes.<\/p>\n<p><strong>Two top US brokerages think the US shares are looking good. <\/strong>Goldman Sachs and JPMorgan say rising inflation is transitory and now would be a good time to buy the dip, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-10-11\/goldman-and-jpmorgan-say-buy-the-dip-as-inflation-seen-temporary?sref=mmeFTDW1\">Bloomberg<\/a> reports. Analysts from the investment banks say the 5% drop in the S&P 500 is as much of a correction as we\u2019re going to get. And those rising energy prices? UBS Global Wealth Management strategists acquiesce that they will slow down growth, but don\u2019t think they\u2019re \u201csufficient to cause recession.\u201d<\/p>\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>State-owned e-Finance <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/38a6850e-751d-4b79-b6cd-62dc9a9de56e\">boosted the size<\/a><\/strong><strong> of its IPO<\/strong> amid strong demand from institutional investors.<\/li>\n<li><strong>Egypt\u2019s debt is growing, but the pace of growth is slowing<\/strong>, the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4b8c7096-58b1-4aa8-89ea-ee49a52a593c\">World Bank says<\/a>.<\/li>\n<li><strong>Global Ventures wants to do more here:<\/strong> The Dubai-based VC fund <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/85b20c93-1d4f-4640-9cf4-b21a155f6533\">plans to invest<\/a> some USD 15 mn in Egypt before the year is out, with another USD 20-30 mn in the pipeline for 2022.<\/li>\n<\/ul>\n<p><strong>THE BIG STORY ABROAD- No single story has captured the imagination of the global <\/strong><strong>business press. <\/strong>Reuters is leading with <a href=\"https:\/\/www.reuters.com\/business\/energy\/energy-crunch-stokes-inflation-economic-recovery-fears-2021-10-12\/\">how inflation fueled by what is now clearly a global energy crunch<\/a> could threaten the world\u2019s economic recovery. The Financial Times, meanwhile, is still talking about <a href=\"https:\/\/www.ft.com\/content\/06b941ad-be40-4370-a022-16d6fb4450be\">the reprieve handed to IMF boss Kristalina Georgieva<\/a>, who now has the backing of the organization\u2019s executive board after charges she helped cook data to curry favor with China.<\/p>\n<p><strong>This one sent chills down our backs:<\/strong> The WSJ is out with an exclusive on <a href=\"https:\/\/www.wsj.com\/articles\/xi-jinping-scrutinizes-chinese-financial-institutions-ties-with-private-firms-11633972484\">the latest in Xi<\/a><a href=\"https:\/\/www.wsj.com\/articles\/xi-jinping-scrutinizes-chinese-financial-institutions-ties-with-private-firms-11633972484\">Jinping\u2019s Great Capitalist Smackdown<\/a>, which sees the nation\u2019s state-owned banks and financial firms facing probes about their business with the private sector.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>From the Dept. of This Should (and Could) Have Been Us: <\/strong><strong>Morocco is now Africa\u2019s <\/strong><strong>largest exporter of passenger cars<\/strong>, having surpassed South Africa \u2014 an ambition we here at home once harbored. <strong>How did Morocco manage it? <\/strong>Policy consistency, good infrastructure and far (far) less red tape \u2014 along with a basket of interlocking trade agreements that look a heck of a lot like ours. The Financial Times has the story in <a href=\"https:\/\/www.ft.com\/content\/7a8498e5-3fc9-4e90-8dfc-e72d492a8c57\">How Morocco transformed itself into a carmaking hub<\/a>.<\/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>HAPPENING TOMORROW-<\/strong><\/p>\n<p><strong>The G20 Meeting of <\/strong><strong><a href=\"https:\/\/www.bancaditalia.it\/media\/notizia\/4th-g20-finance-ministers-and-central-bank-governors-washington-meeting-13-october-2021\/?com.dotmarketing.htmlpage.language=1\">Finance Ministers and Central Bank Governors<\/a><\/strong><strong> gets underway<\/strong><strong> tomorrow in Washington, DC.<\/strong> Look for the landmark OECD international tax agreement to get a formal endorsement at the meeting, ahead of the G20 leaders\u2019 summit in Rome at the end of the month. Egypt signed on to the agreement \u2014 which would see the introduction of a minimum global corporate tax rate of 15% \u2014 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/dc4ed721-9425-47c7-a393-935435f14652\">back in July<\/a>. The G20 sitdown comes as the IMF and World Bank annual meetings continue, also in DC.<\/p>\n<p><strong>Cultural diplomacy will be the main talking point at <\/strong><strong><a href=\"https:\/\/m.facebook.com\/groups\/1500269090274613\/?locale2=ar_AR\">Gouna Culture No. 7<\/a><\/strong><strong>, which<\/strong><strong> takes place tomorrow <\/strong>at the Dawar El Omda Hotel in the seaside city. Among those leading the discussion are Mexican Ambassador to Egypt <strong>Octavio Tripp<\/strong>, Asociaci\u00f3n de Amigos de la Biblioteca de Alejandr\u00eda M\u00e9xico <strong>Gloria P\u00e9rez<\/strong>, and UN International Liaison Chapter San Francisco Count <strong>Federico di Wardal<\/strong>.<\/p>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>PSA- Our next long weekend is coming up:<\/strong> \u200b\u200b\u200b\u200bThe Prophet Muhammad\u2019s birthday falls on Monday, 18 October. We expect a three-day weekend starting Thursday, 21 October. Look for confirmation from the cabinet toward the end of the week.<\/p>\n<p><strong>Conference season ratchets up this month<\/strong>, with a number of exhibitions and business events here and throughout the region taking place this week, including:<\/p>\n<ul>\n<li><strong>The <\/strong><strong><a href=\"https:\/\/bit.ly\/3uCd8zg\">Turathna Exhibition<\/a><\/strong> at the Egypt International Exhibition Center, Cairo, which will run until Friday, 15 October.<\/li>\n<li><strong>The International Conference on Climate Change in the Eastern Mediterranean and the Middle East <\/strong>kicks off in Nicosia tomorrow. The conference brings together 65 of leading policymakers, scientists and diplomats from Egypt, Israel, Jordan, Iraq and Greece <a href=\"https:\/\/apnews.com\/article\/climate-change-science-business-cyprus-desertification-453718c66173fcd6ba693f622e9f7770\">to advocate<\/a> for a move away from fossils toward renewables in the region. You can check out its <a href=\"https:\/\/climatechange2021.org\/\">website here<\/a>.<\/li>\n<li><strong>The <\/strong><strong><a href=\"https:\/\/gitex.com\/\">GITEX Global<\/a><\/strong><strong> is being held in the Dubai World Trade Center from 17-21 October. <\/strong>The event brings together players in Big Tech to discuss what\u2019s next in areas such as AI, cloud, 5G, cybersecurity, blockchain, and more. <sup><\/sup><\/li>\n<li><strong>Further down the road: <\/strong>The Middle East Angel Investment Network is hosting its <a href=\"http:\/\/mainmena.com\/conference\/4\">Angel Oasis<\/a> in El Gouna on 27-29 October, with separate pricing for in-person and virtual attendance.<\/li>\n<\/ul>\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<hr class=\"grey-line\">\n<p>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>The overnight thunderstorm threw us for a loop, but temperatures are back to this winter\u2019s new normal with a daytime high of 34\u00b0C and nighttime low of 20\u00b0C in the forecast, 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\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cdc-group\/\">CDC Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n            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class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-ncqkwig\" data-v=\"4\" data-block-id=\"ncqkwig\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-ncqkwig-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-ncqkwig-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\/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  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<\/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\/10\/12\/offices-are-getting-busy-again-lego-says-goodbye-to-gendered-marketing\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/392.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"556711\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/12\/offices-are-getting-busy-again-lego-says-goodbye-to-gendered-marketing\/392-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/392.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"392.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/392.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/392.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-556710\" class=\"content-area-description single-story post-556710 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-enterprisepm tag-entrepreneurship tag-europe tag-facebook tag-for-your-commute tag-gender tag-sustainability 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>SIGN OF THE TIMES- The next cohort of executive EMBA students: Entrepreneurs.<\/strong> Once the degree of choice for those looking to climb the corporate ladder, executive MBA programs are increasingly attracting mid-career entrepreneurs looking to up their credibility and expand their networks, with an eye to attract investors and funding, the <a href=\"https:\/\/www.ft.com\/content\/95887dd3-0934-497d-bab4-30c9a53ba851\">Financial Times<\/a> reports. Corporate funding for EMBAs began to dwindle in the wake of the 2008 financial crisis, setting in motion a new trend that has instead pulled in entrepreneurs interested in developing their careers, particularly after gaining real-world experience in building a business and identifying their own knowledge gaps.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>It is NEVER too late, ladies and gentlemen. Never. <\/strong>Consider this: \u201cThe college sophomore was tired. She\u2019d just finished playing 54 holes of competitive golf over two days, 36 of them in the rain. Now there was a four-hour van trip back to campus, and the sophomore had plenty of homework to keep her 4.0 average. She could start researching a term paper for her literature class; she could bury herself in statistics assignments; she could crack open her criminal justice textbook. She could also watch a video from her PE class, though that might be hard to hear, with her teammates cranking music in the van.\u201d The catch? <strong><a href=\"https:\/\/www.wsj.com\/articles\/reinhardt-university-college-golf-age-63-11633618790\">The sophomore in question is age 63.<\/a><\/strong><\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>SIGN OF THE TIMES- More and more people are trooping back into the office<\/strong> (in the US, at least) <strong>than at any time since the pandemic began.<\/strong> And more employers are planning to follow suit in the weeks and months to come, the <a href=\"https:\/\/www.wsj.com\/articles\/return-of-office-workers-reaches-pandemic-high-as-employees-trickle-in-11634031001\">Wall Street Journal<\/a> reports. Players in industries ranging from finance to manufacturing and entertainment all want their people back under the same roof.<\/p>\n<p><strong>So what does the \u201cend\u201d of covid look like? <\/strong>Well, there\u2019s probably not going to be an \u201cend\u201d \u2014 the disease is here to stay. But <a href=\"https:\/\/www.axios.com\/covid-pandemic-forever-elimination-96b4c87e-6176-4317-b795-3a8accba4051.html\">Axios<\/a> reports that researchers think \u201cvictory\u201d over the bug looks kind of like \u2026 Denmark.<\/p>\n<p><strong>Also: Delays between vaccine jabs and a \u201cmix and match\u201d approach may be helpful<\/strong>, <a href=\"https:\/\/www.cbc.ca\/news\/health\/canada-vaccine-effectiveness-data-delayed-doses-mixing-matching-covid-19-vaccines-1.6205993\">Canada\u2019s CBC reports<\/a>, writing that the delay of up to four months between jabs and the decision to allow people to have, say, a jab of Pfizer followed by one of Moderna has actually helped create stronger and more lasting immunity. Not that that helps when another country wants you to have two matched jabs, but\u2026<\/p>\n<hr class=\"grey-line\">\n<p><strong>Once upon a time, people were told to drink \u201cWate-On\u201d to gain weight. <\/strong>Today, we just call it \u201cfood.\u201d The ingredients: Refined carbs and seed oils. Just sayin\u2019. <a href=\"https:\/\/twitter.com\/annchildersmd\/status\/1447339441622638593\">Check out the vintage ad<\/a> courtesy the dumpster fire that is our Twitter.<\/p>\n<p><strong>WATCH THIS- Okay, we can\u2019t claim that we follow handball. <\/strong>But Zamalek keeper Karim Hendawy\u2019s highlight reel (courtesy the International Handball Federation) is just killer (<a href=\"https:\/\/twitter.com\/ihf_info\/status\/1446876251772305409\">watch, runtime: 1:00<\/a>).<\/p>\n<p><strong>Anti-greenwashing requirements in the EU are proving more complicated than<\/strong><strong> expected<\/strong>, leading asset managers to say they\u2019re unlikely to meet a 1 January 2022 deadline to correctly label the sustainability of investment funds, reports <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-10-11\/fund-managers-ask-eu-for-more-time-to-meet-anti-greenwash-rule?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a>. The European Fund and Asset Management Association \u2014 which represents fund managers with a cumulative USD 22 tn AUM \u2014 has said the deadline is too soon to implement the so-called Regulatory Technical Standards (RTS), particularly as the EU is in the process of finalizing new requirements. Fund managers therefore have yet to see what these standards entail and how to calculate them, let alone put them into practice. European authorities had intended to provide a complete draft of RTS in late September or early October, but this has been delayed due to its \u201ccomplexity.\u201d<\/p>\n<p><strong>China has already beaten the United States in the battle for AI supremacy<\/strong>, the former Pentagon software chief tells the <a href=\"https:\/\/www.ft.com\/content\/f939db9a-40af-4bd1-b67d-10492535f8e0?utm_source=pocket_mylist\">Financial Times<\/a>. \u201cWe have no competing fighting chance against China in 15 to 20 years. Right now, it\u2019s already done \u2026 it is already over in my opinion.\u201d<\/p>\n<p><strong>Lego has taken a stand against gender-based marketing<\/strong>, saying it would stop targeting toys to boys or girls through packaging or other means. The company isn\u2019t planning to change its products, but will stop segmenting them into gender categories, Lena Dixen, a senior vice president, explained to the <a href=\"https:\/\/nyheder.tv2.dk\/samfund\/2021-10-12-lego-vil-ikke-laengere-rette-produkter-mod-enkelte-koen\">Danish press<\/a>. The decision comes after a survey was conducted to see if kids categorized toys for each gender, with 7k parents and children taking part. Around 75% of boys and 62% of girls believe that some toys are only for girls and some are only for boys \u2014 and parents only perpetuated the stereotypes by pushing Lego more on boys than on girls. Lego\u2019s stance comes amidst a push for equality from the Danish company with hopes that the new marketing scheme will make all children \u201cfeel welcome in the Lego universe.\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-10-12\/lego-ends-marketing-of-different-toys-at-girls-and-boys?sref=mmeFTDW1\">Bloomberg<\/a> has the story.<\/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\/entrepreneurship\/\">entrepreneurship<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/europe\/\">Europe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/facebook\/\">Facebook<\/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\/gender\/\">gender<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sustainability\/\">sustainability<\/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=\"556712\" 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=\"556712\">\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\/10\/12\/dave-chappelles-new-netflix-special-chow-down-on-some-japanese-peruvian-fusion\/\">\r\n                            Dave Chappelle\u2019s new Netflix special. + Chow down on some Japanese-Peruvian fusion.                        <\/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\/10\/12\/dave-chappelles-new-netflix-special-chow-down-on-some-japanese-peruvian-fusion\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The <a href=\"https:\/\/www.youtube.com\/watch?v=T59ij-vlNAE&t=40s\">trailer<\/a> for The Closer features him saying, \u201cComedians have a responsibility to speak recklessly. Sometimes the funniest thing to say is mean. Remember, I\u2019m not saying it to be mean: I\u2019m saying it because it\u2019s funny.\u201d The comedian, who is known for speaking out about racism, might have taken his statement too far: The special\u2019s launch was quickly marred by criticism that the comedian made misogynistic, anti-trans and socially irresponsible jokes. Civil rights groups petitioned for it to be pulled from Netflix, reports <a href=\"https:\/\/bgr.com\/entertainment\/dave-chappelles-new-netflix-special-is-so-controversial-a-civil-rights-group-wants-it-pulled\/\">BGR<\/a>, while <a href=\"https:\/\/www.independent.co.uk\/arts-entertainment\/comedy\/features\/dave-chappelle-netflix-closer-trans-b1934860.html\">The Independent<\/a> is out with an op-ed about the danger in Chappelle\u2019s new style of humor.<\/p>\n<p>\u26bd <strong>Matches to look out for in today\u2019s European World Cup qualifiers:<\/strong> Portugal is playing against Luxembourg and England is competing against Hungary, both at 8:45pm.<\/p>\n<p><strong>? EAT THIS TONIGHT- <\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>A Japanese-Peruvian fusion restaurant lands in New Cairo: <\/strong>If you\u2019re a fan of creative sushi rolls, <a href=\"https:\/\/www.instagram.com\/gingerrestauranteg\/?utm_medium=copy_link\">Ginger<\/a> at RiverWalk is the place for you. Blending traditional Japanese sushi with Peruvian influences through sauces and spices, their menu is diverse and fish-forward to say the least. Particularly eye-catching is the restaurant\u2019s gorgeous plating of dishes, from beef tataki on a gray inscripted marble cube to their fuego seafood shell dish, which is served with flames dancing on top. We\u2019re fans of their seafood tacos, whether it\u2019s shrimp topped with citrus acevichado sauce or salmon in a crispy nori shell. Make sure to check out their appetizers and soups, and leave room for their crinkle Biscoff tots.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><\/p>\n<p>(all times CLT)<\/p>\n<p><strong>Omar Khairat is performing at the Cairo Opera House <\/strong>two consecutive concerts <a href=\"https:\/\/bit.ly\/3FE25dT\">tonight<\/a> and <a href=\"https:\/\/bit.ly\/3mErOKI\">tomorrow<\/a> at 8pm. You can buy tickets from <a href=\"https:\/\/bit.ly\/3oTguwY\">here<\/a>.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><strong>A murder that takes place in an escape room \u2014 and serves as an allegory of<\/strong><strong> society: <\/strong>In <a href=\"https:\/\/www.amazon.com\/Reprieve-Novel-James-Han-Mattson\/dp\/0063117487\">Reprieve<\/a> by James Han Mattson, four financially-wrought people are offered a chance to compete for a cashprize by getting out of an escape room. The book pulls at the threads of the characters\u2019 multilayered histories to make sense of their actions during the game. But when the game ultimately leads to a murder, the mood shifts and the contestants pull themselves together to get out alive. Reprieve is a \u201cprovocative exploration of capitalism, hate politics, racial fetishism, and our obsession with fear as entertainment,\u201d all within a closed and tension-filled setting. Together, all the elements of the book entangle to form an allegory for the dividing lines that are present in American society and the systematic factors at play that led the characters to such desperation. NPR is out with a <a href=\"https:\/\/www.npr.org\/2021\/10\/07\/1043870452\/james-han-mattson-reprieve-review\">review<\/a>.<\/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\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/netflix\/\">Netflix<\/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=\"556714\" 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=\"556714\">\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\/10\/12\/meet-our-analyst-of-the-week-beltones-toka-elwazery\/\">\r\n                            Meet our analyst of the week: Beltone\u2019s Toka Elwazery                        <\/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\/10\/12\/meet-our-analyst-of-the-week-beltones-toka-elwazery\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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I\u2019ve covered several sectors since joining the research team, starting off with industrials, consumers, and healthcare; now, I cover education and real estate in Egypt and the GCC. The shifts helped me a lot in my career as each sector taught me a new aspect I should pay attention to or a different way to create models. However, education was my favorite sector to cover, especially since there\u2019s so much potential growth in the industry at the moment. It\u2019s also easy to link it to the real world and measure your analysis with what\u2019s happening on ground.<\/p>\n<p><strong>The best part of my job is that I\u2019m always on top of the news. <\/strong>I read a lot as part of my job since I always have to be up to date with what\u2019s happening in the market and the sectors I cover. The years working have made me more knowledgeable and gave me exposure to areas I might not have interacted with otherwise.<\/p>\n<p><strong>The worst part of my job is when market slumps occur. <\/strong>The cyclical nature of the market means that there are times when people stop looking at a sector or the entire stock exchange in general. We\u2019ve been seeing a bit of that lately as the EGX experiences low trading volumes. That means that interactions with foreign investors decrease and you lose that exposure.<\/p>\n<p><strong>I think physical roadshows will increase next year<\/strong>, but it depends on the vaccination rollouts across countries. Some people might also prefer to stick to the virtual rendition of roadshows because it\u2019s easier to implement logistically and less cost-intensive. However, I\u2019m particular to physical roadshows. I was very lucky to have gone on a roadshow from a very young age and it was one of the best experiences I\u2019ve had professionally. You travel and meet people from different backgrounds and cultures and you get to know their personal investment strategies. I learned a lot from hearing the questions thrown at me and bit by bit I got more confident in presenting my ideas in a creative way and tailoring my approach based on the reception I got.<\/p>\n<p><strong>I like to take a top-down approach when looking at stocks.<\/strong> I explore the country first and see whether it has an interesting growth story, and then I look at the company\u2019s fundamentals and its management very closely. I also like to look at the stock\u2019s trading history. Some stocks move up or down arbitrarily despite news that should have seen it move in a specific direction. Other stocks are strong fundamentally but have liquidity issues or are in a troubled industry.<\/p>\n<p><strong>I recommend investments based on the person I\u2019m talking to.<\/strong> I try to figure out their investment strategy, their risk appetite, and their overall psychology. I learned to ask a lot of questions to get a good idea of what works for a specific investor and then I use that to recommend a suitable stock. One of the things I ask about is what is already in their portfolio as I believe investors should diversify their investments.<\/p>\n<p><strong>I\u2019m not sure if the EGX30 will close this year in the green. <\/strong>I think the upcoming e-Finance IPO will say a lot. It could be a big trigger for the market by increasing investor confidence in the EGX.<\/p>\n<p><strong>I think 2022 could be the year of Egypt. <\/strong>People underestimate the potential of the country and its market. The fixed income market is doing well and there\u2019s a lot of untapped value in the equity market. Everything else is also on track on the macro level with the boost from infrastructure and other megaprojects. <strong>Egypt is the place for people to invest in after the pandemic<\/strong> and I think there\u2019s a chance the market could rally. Yes, there are risks, but the long-term outlook is positive.<\/p>\n<p><strong>I\u2019m currently watching <\/strong><strong><a href=\"https:\/\/www.imdb.com\/title\/tt6470478\/\">The Good Doctor<\/a><\/strong><strong>. <\/strong>I appreciate their passion on the show and how they take any challenge and overcome it with new ideas. Before that, I watched the last season of <a href=\"https:\/\/www.netflix.com\/title\/80192098\">Money Heist<\/a> and I really enjoyed it.<\/p>\n<p><strong>The last great thing I read is <\/strong><strong><a href=\"https:\/\/www.amazon.com\/Sun-Does-Shine-Freedom-Selection\/dp\/1250124719\">The Sun Does Shine<\/a><\/strong><strong> by Anthony Ray Hinton and Lara Love Hardin. <\/strong>The novel talks about a man who was falsely imprisoned for 30 years and how he managed to hold onto hope and kindness despite his conditions.<\/p>\n<p><strong>In my downtime I like to play sports.<\/strong> I\u2019ve been an athlete since I was three years old and I was in Egypt\u2019s national team for badminton when I got older. We played a ton of international tournaments and won the African championship several times. Otherwise, I like to spend time with family or travel. My favorite destination in Egypt is Luxor and Aswan \u2014 I enjoy places that have stories and history to them.<\/p>\n<hr class=\"grey-line\">\n<p><strong>EARNINGS WATCH- Domty reported EGP 51 mn in net income in 3Q2021, up 24%<\/strong><strong> y-o-y<\/strong> from EGP 41.3 mn in the same quarter last year, according to an <a href=\"https:\/\/www.egx.com.eg\/downloads\/News\/12-10-2021%20%d8%af%d9%88%d9%85%d8%aa%d9%89%20%d8%a7%d9%86%d8%ac%d9%84%d9%8a%d8%b2%d9%89.pdf\">earnings release (pdf)<\/a> citing unaudited figures. The company recorded EGP 956 mn in revenues, up 32% compared to 3Q2020.<\/p>\n<p><strong>MARKET WATCH-<\/strong><\/p>\n<p><strong>The EGX30 rose 0.7% at today\u2019s close<\/strong> on turnover of EGP 811 mn (46.4% below the 90-day average). Regional investors were net buyers. The index is down 0.6% YTD.<\/p>\n<p><strong>In the green: <\/strong>ElSewedy Electric (+3.6%), Orascom Development Egypt (+2.5%), and Ibnsina Pharma (+2.2%).<\/p>\n<p><strong>In the red: <\/strong>AMOC (-3.9%), Pioneers Properties (-3.4%) and Raya Holding (-1.9%).<\/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\/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=\"556716\" 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\/10\/12\/your-essential-business-calendar-on-12-october-2021-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-556716\" class=\"content-area-description single-story post-556716 post type-post status-publish format-standard hentry category-calendar tag-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>October: Romanian President Klaus Iohannis <a href=\"https:\/\/bit.ly\/3z0gaic\">could visit Egypt<\/a> mid this month to discuss ways to boost tourism cooperation between the two countries.<\/p>\n<p>9-15 October (Saturday-Friday): <a href=\"https:\/\/bit.ly\/3uCd8zg\">Turathna Exhibition<\/a>, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>11-17 October (Monday-Sunday): <a href=\"https:\/\/www.worldbank.org\/en\/meetings\/splash\/annual\">IMF + World Bank Annual Meetings<\/a>.<\/p>\n<p>13 October (Wednesday): Meeting of <a href=\"https:\/\/www.bancaditalia.it\/media\/notizia\/4th-g20-finance-ministers-and-central-bank-governors-washington-meeting-13-october-2021\/?com.dotmarketing.htmlpage.language=1\">G20 Finance Ministers and Central Bank Governors<\/a>, Washington DC.<\/p>\n<p>14-15 October (Thursday-Friday): <a href=\"https:\/\/au.int\/en\/newsevents\/20211014\/39th-ordinary-session-executive-council\">The Ordinary Session of the Executive Council of the African Union<\/a>, African Union Headquarters, Addis Ababa, Ethiopia.<\/p>\n<p>Mid-October: The Egyptian Banking Institute, the Financial Services Institute, and I-Score will begin airing in mid-October the Digital Credit Scoring Webinar Series, a line-up of webinars on the banking sector and banking regulations.<\/p>\n<p>18 October (Monday): E-Finance begins trading on EGX.<\/p>\n<p>18 October (Monday): Prophet\u2019s Birthday.<\/p>\n<p>21 October (Thursday): National holiday in observance of the Prophet\u2019s Birthday.<\/p>\n<p>24-28 October (Sunday-Thursday) <a href=\"https:\/\/www.cairowaterweek.eg\/\">Cairo Water Week<\/a>, Cairo, Egypt.<\/p>\n<p>27-28 October (Wednesday-Thursday) <a href=\"https:\/\/platforms-root-technologies.com\/icec-2021\/\">Intelligent Cities Exhibition & Conference<\/a>, Royal Maxim Palace Kempinski, Cairo, Egypt.<\/p>\n<p>28 October (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>28 October (Thursday): Second tranche of overdue subsidy payouts <a href=\"https:\/\/bit.ly\/3BSLyAg\">will be handed<\/a> to eligible exporters.<\/p>\n<p>30 October - 4 November (Saturday-Thursday): The first edition of <a href=\"https:\/\/globalswimseries.com\/ryan-lochte-announces-first-race-the-legends-event-in-egypt\/\">Race The Legends<\/a>, Egypt.<\/p>\n<p>30-31 October (Saturday-Sunday): <a href=\"http:\/\/sdg.iisd.org\/events\/g20-leaders-summit-2021\/\">G20 Leaders\u2019 Summit<\/a>, Rome, Italy.<\/p>\n<p>31 October (Saturday): <a href=\"https:\/\/urbanoctober.unhabitat.org\/wcd\">World Cities Day<\/a>, Luxor, Egypt.<\/p>\n<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>1-3 November (Monday-Wednesday): Egypt Energy exhibition on power and renewable energy, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>2-3 November (Tuesday-Wednesday): The Federal Reserve meets to review interest rates.<\/p>\n<p>1-12 November (Monday-Friday): 2021 United Nations Climate Change Conference (COP26), Glasgow, United Kingdom.<\/p>\n<p>15-21 November (Monday-Sunday): <a href=\"https:\/\/www.intrafricantradefair.com\/en\">Intra-African Trade Fair 2021<\/a>, Durban, KwaZulu-Natal, South Africa.<\/p>\n<p>16-17 November (Tuesday-Wednesday):<a href=\"https:\/\/africafintechsummit.com\">Africa fintech summit<\/a>, Cairo.<\/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>29 November-2 December (Monday-Thursday): <a href=\"https:\/\/www.egyptdefenceexpo.com\/\">Egypt Defense Expo<\/a>, Egypt International Exhibition Centre.<\/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>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>14-19 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>16 December (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/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>14-16 February 2022 (Monday-Wednesday): Egypt Petroleum Show, Egypt International Exhibition Center, New Cairo, Egypt.<\/p>\n<p>19 February 2022 (Saturday): Public universities begin the second term of the 2021-2022 academic year.<\/p>\n<p>1H2022: The World Economic Forum annual meeting, location TBD.<\/p>\n<p>22-24 April 2022:<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>May 2022: Investment in Logistics Conference, Cairo, Egypt<\/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>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>18-20 October 2022 (Tuesday-Thursday): Mediterranean Offshore Conference, Alexandria, Egypt.<\/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":556707,"template":"","categories":[],"tags":[],"class_list":["post-556706","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"e0edd6e9-0dfc-436b-bc50-87215f513c54","teaser":"","photo_url":"https:\/\/ent.news\/2021\/10\/391.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>Enterprise The global economic recovery is holding steady \u2014 but at risk, the IMF says in its latest global forecast - 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\/enterprise-the-global-economic-recovery-is-holding-steady-but-at-risk-the-imf-says-in-its-latest-global-forecast\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enterprise The global economic recovery is holding steady \u2014 but at risk, the IMF says in its latest global forecast\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/enterprise-the-global-economic-recovery-is-holding-steady-but-at-risk-the-imf-says-in-its-latest-global-forecast\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T01:23:48+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/391.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\/enterprise-the-global-economic-recovery-is-holding-steady-but-at-risk-the-imf-says-in-its-latest-global-forecast\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/enterprise-the-global-economic-recovery-is-holding-steady-but-at-risk-the-imf-says-in-its-latest-global-forecast\/\",\"name\":\"Enterprise The global economic recovery is holding steady \u2014 but at risk, the IMF says in its latest global forecast - 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