{"id":556881,"date":"2021-10-26T13:49:19","date_gmt":"2021-10-26T13:49:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=556881"},"modified":"2025-12-16T01:28:03","modified_gmt":"2025-12-16T01:28:03","slug":"ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/","title":{"rendered":"Ghazl El Mahalla could be the next state firm to debut on the EGX + Raya closes BariQ sale to Intro Group."},"content":{"rendered":"<section id=\"556883\" 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=\"556883\">\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\/26\/tonight-hala-zayed-in-the-hospital-big-news-on-state-priv-program-and-for-local-mas-10-protestors-killed-80-injured-in-khartoum-its-interest-rate-week-in-egypt-and-europe\/\">\r\n                            TONIGHT: Hala Zayed in the hospital? Big news on state priv. Program and for local M&#038;As. 10 protestors killed, 80+ injured in Khartoum + it\u2019s interest rate week in Egypt and Europe                        <\/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\/26\/tonight-hala-zayed-in-the-hospital-big-news-on-state-priv-program-and-for-local-mas-10-protestors-killed-80-injured-in-khartoum-its-interest-rate-week-in-egypt-and-europe\/\" 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\/10\/26\/tonight-hala-zayed-in-the-hospital-big-news-on-state-priv-program-and-for-local-mas-10-protestors-killed-80-injured-in-khartoum-its-interest-rate-week-in-egypt-and-europe\/')\">\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\/10\/26\/tonight-hala-zayed-in-the-hospital-big-news-on-state-priv-program-and-for-local-mas-10-protestors-killed-80-injured-in-khartoum-its-interest-rate-week-in-egypt-and-europe\/\">\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=TONIGHT: Hala Zayed in the hospital? Big news on state priv. Program and for local M&#038;As. 10 protestors killed, 80+ injured in Khartoum + it\u2019s interest rate week in Egypt and Europe&url=https:\/\/enterpriseam.com\/egypt\/2021\/10\/26\/tonight-hala-zayed-in-the-hospital-big-news-on-state-priv-program-and-for-local-mas-10-protestors-killed-80-injured-in-khartoum-its-interest-rate-week-in-egypt-and-europe\/\">\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\/10\/26\/tonight-hala-zayed-in-the-hospital-big-news-on-state-priv-program-and-for-local-mas-10-protestors-killed-80-injured-in-khartoum-its-interest-rate-week-in-egypt-and-europe\/&title=TONIGHT: Hala Zayed in the hospital? Big news on state priv. Program and for local M&#038;As. 10 protestors killed, 80+ injured in Khartoum + it\u2019s interest rate week in Egypt and Europe\">\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+Hala+Zayed+in+the+hospital%3F+Big+news+on+state+priv.+Program+and+for+local+M%26%23038%3BAs.+10+protestors+killed%2C+80%2B+injured+in+Khartoum+%2B+it%E2%80%99s+interest+rate+week+in+Egypt+and+Europe+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F10%2F26%2Ftonight-hala-zayed-in-the-hospital-big-news-on-state-priv-program-and-for-local-mas-10-protestors-killed-80-injured-in-khartoum-its-interest-rate-week-in-egypt-and-europe%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\/10\/26\/tonight-hala-zayed-in-the-hospital-big-news-on-state-priv-program-and-for-local-mas-10-protestors-killed-80-injured-in-khartoum-its-interest-rate-week-in-egypt-and-europe\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-556883\" class=\"content-area-description single-story post-556883 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-bariq tag-enterprisepm tag-european-central-bank tag-ghazl-el-mahalla tag-hala-zayed tag-interest-rates tag-ipo-watch tag-ma-watch tag-madinet-masr-for-housing-and-development tag-moustafa-madbouly tag-privatization-watch tag-raya-holding tag-sudan tag-what-were-tracking-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Hump day is news dump day, ladies and gentlemen<\/strong>, as we are getting our fix of everything: from IPOs, privatization news, M&As, a great analyst profile, plus a whole lot of interesting things to do when the day is out. You don\u2019t want to miss this.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>HAPPENING NOW- But before we begin,<\/strong><strong><a href=\"https:\/\/bit.ly\/3GkkcWK\">the local press is abuzz<\/a><\/strong><strong> with reports that Health Minister Hala Zayed has been rushed to the hospital<\/strong> after reportedly suffering from a heart attack. We\u2019ll be closely monitoring the situation and give you an update in tomorrow\u2019s EnterpriseAM.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>THE BIG STORIES TODAY-<\/strong><\/p>\n<p><strong>Privatization watch:<\/strong> Ghazl El Mahalla could be the next company lined up for a listing in the state privatization program with a possible debut on the bourse in the coming weeks. Shares are currently being marketed to institutional players ahead of a possible November listing, <a href=\"https:\/\/bit.ly\/2ZkxKAw\">Masrawy<\/a> reported this morning, citing the head of Prime Holding, which is quarterbacking the transaction.<\/p>\n<p><strong>Over on Planet M&A:<\/strong> Raya Holding <a href=\"https:\/\/www.egx.com.eg\/downloads\/News\/%d8%b1%d8%a7%d9%8a%d8%a9%20%d8%a8%d9%8a%d8%a7%d9%86%20%d8%a7%d9%86%d8%ac%d9%84%d9%8a%d8%b2%d9%89%2026-10-2021.pdf\">announced (pdf)<\/a> this morning that it has completed the sale of its recycling unit BariQ to Intro Group for EGP 571 mn. The sale has been a year in the making after Raya <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b0471f41-7075-4dd6-8a0a-5f768910dca7\">said in November<\/a> that it was close to an agreement with a then-unknown buyer. The two sides <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/986aa556-52ba-44c4-9f39-6ea3ff80b860\">put pens to paper in May<\/a> in an agreement that at the time put the transaction value at EGP 490 mn.<\/p>\n<p><strong>In other M&A news: We finally have some <\/strong><strong>details on<\/strong><strong> that MNHD story we plugged in yesterday<\/strong><strong>.<\/strong> Madinet Nasr Housing and Development (MNHD) will launch a takeover bid for real estate player Minka Development in a transaction the company expects to be worth EGP 200-220 mn. Baker Tilly Wahid Abdel Ghaffar is working on the fair value study, which should be finished before the end of November. Irrespective of the valuation, the acquisition appears a dead cert: MNHD on Sunday announced that the board has approved the bid, that Minka owner Abdallah Sallam will become its new CEO, and that the Sallam family will purchase a 5% stake in the company post-acquisition.<\/p>\n<p><strong>^^ We\u2019ll have more on all of these stories in tomorrow\u2019s EnterpriseAM.<\/strong><\/p>\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s EnterpriseAM:<\/p>\n<ul>\n<li><strong>Egypt\u2019s state of emergency <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/37f9968d-62f1-4803-9c5b-5cd1b4df7a59\">will not be renewed<\/a><\/strong><strong> for the first time since 2017<\/strong> as the country has grown more secure and stable, President Abdel Fattah El Sisi announced yesterday.<\/li>\n<li><strong>We sat down with <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2301dde1-d638-4494-8478-f5493bcbc36e\">IMF Middle East and Central Asia Director Jihad Azour<\/a><\/strong> to talk about local and regional growth forecasts and the impact of rising commodity prices, inflation and vaccine supply on the region.<\/li>\n<li><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8d1546eb-947c-42a1-b2bd-8584b3caa7b6\">More Russian tourists<\/a><\/strong><strong> are expected to flock to Hurghada and Sharm El Sheikh during the first week of November<\/strong>, with tour operators reporting record demand for flight and hotel bookings.<\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p><strong>Prime Minister Moustafa Madbouly discussed the development at Egypt\u2019s ports with a <\/strong><strong>delegation from French shipping firm CMA CGM, <\/strong>that included its head Rodolphe Saad\u00e9, at a meeting in Paris today. The PM said that the government is looking forward to future cooperation with CMA CGM, particularly at the Ain Sokhna Port, according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/257828973054197\">cabinet statement<\/a>. Last month, Alexandria Container and Cargo Handling Company <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0f89b77e-c3ea-45b0-a2f5-6f8d5dbc1b1a\">signed a two-year contract<\/a> with CMA CGM, under which the company will anchor its ships on the holding company\u2019s berths. Madbouly is in Paris this week to sign an OECD cooperation agreement and drum up French investments.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>HAPPENING THIS WEEK-<\/strong><\/p>\n<p><strong>It\u2019s interest rate week here:<\/strong> The Central Bank of Egypt will meet this Thursday to discuss interest rates. All 12 analysts <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2271d9e1-cc44-40f7-bed0-32614101fbb4\">polled by Enterprise<\/a> see the central bank leaving rates on hold for another meeting, citing the need to maintain portfolio inflows and uncertainty over inflation.<\/p>\n<p><strong>Ditto the Eurozone:<\/strong> The European Central Bank will almost certainly keep rates steady at its meeting on Thursday, the <a href=\"https:\/\/www.ft.com\/content\/35b1d3df-b4b0-47f9-9e27-5dee831ebc67\">Financial Times<\/a> is declaring. That said, attention will be fixed on what ECB President Christine Lagarde has to say about the longer-term outlook on inflation. The ECB will likely stick to its \u201cinflation is temporary, no rate hikes needed\u201d line, though investors are betting that the European bank is underestimating rising prices and may be forced to up rates before 2023.<\/p>\n<p><strong>And then it\u2019s the Fed\u2019s turn:<\/strong> The US Federal Reserve will meet to review interest rates on 2-3 November. The Fed is widely expected to keep interest rates steady in order to start tapering its asset purchases this month, though inflationary pressures are causing unease among some officials over the timeline, the <a href=\"https:\/\/www.wsj.com\/articles\/fed-prepares-to-taper-stimulus-amid-more-doubts-on-inflation-11635154202?mod=hp_listb_pos3\">Wall Street Journal<\/a> reports. One <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2271d9e1-cc44-40f7-bed0-32614101fbb4\">analyst we polled<\/a> suggests that investors in Egyptian debt have already priced in a Fed taper. But the longer the US can put off a rate hike, the better, as lower US interest rates relieve pressure on EM treasuries and maintain the appeal of our carry trade.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>THE BIG STORIES ABROAD- <\/strong><\/p>\n<p><strong>Roads blocked + banks, shops shut down in Sudan as death toll rises to 10:<\/strong> Roads connecting Sudanese capital Khartoum and the country\u2019s second-largest city, Omdurman, have been blocked off, while shops, banks, and ATM machines were all shut down in the second day of unrest after <a href=\"https:\/\/enterprise.press\/afternoons\/enterprisepm-auc-mnhd-sudan-accidental-leadership-shakeup-issue\/\">yesterday\u2019s coup<\/a>, <a href=\"https:\/\/www.reuters.com\/world\/africa\/telecommunications-interrupted-sudan-after-coup-2021-10-26\/\">Reuters<\/a>reports. A total of 10 protestors have now been killed, according to <a href=\"https:\/\/www.bbc.com\/arabic\/live\/59029374\">BBC Arabic<\/a>. Earlier today, military leader General Abdel Fattah al-Burhan dissolved committees that govern trade unions. The events come following the military\u2019s declaration of a state of emergency and dissolution of the sovereign council and government.<\/p>\n<p><strong>The US <\/strong><strong><a href=\"https:\/\/www.state.gov\/the-united-states-condemns-actions-against-sudans-civilian-led-transitional-government\/\">announced the suspension<\/a><\/strong><strong> of a USD 700 mn emergency aid package<\/strong> to Sudan intended to support the country\u2019s democratic transition in response to the violence, with Secretary of State Antony Blinken calling Sudanese authorities to release prisoners and reinstate internet connections, stressing that the US \u201crejects\u201d dissolving the transitional government.<\/p>\n<p><strong>Where has Hamdok been? At a slumber party with Burhan, apparently:<\/strong> Prime Minister Abdullah Hamdok is being held at Burhan\u2019s own home and could be released either today or tomorrow, Burhan said at a presser (<a href=\"https:\/\/www.youtube.com\/watch?v=cqgeiolZOco\">watch, runtime: 33:49<\/a>). Hamdok was <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d9078a39-f115-4aab-b94c-f3f656f9c82d\">apprehended yesterday<\/a> after refusing to endorse the coup. Sudan\u2019s Foreign Minister Mariam Al Mahdi had <a href=\"https:\/\/www.facebook.com\/MOCI.SD\/posts\/434857204649200\">said earlier today<\/a> that Hamdok and members of his cabinet\u2019s whereabouts were still unknown and that she has notified foreign ministers of Arab, African, and western countries.<\/p>\n<p><strong>More interventions coming?<\/strong> In an <a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2021-10-26\/sudan-needs-more-than-mild-outrage-from-the-u-s?sref=mmeFTDW1\">op-ed for Bloomberg<\/a>, Bobby Ghosh called on US President Joe Biden and Israeli Prime Minister Naftali Bennett to differentiate themselves from their predecessors by making it clear to the Sudanese military that violence against demonstrators would not be tolerated, stressing that time is of the essence in the days following a military takeover. Ghosh also called on Egypt, the UAE and Saudi Arabia to exert their influence to restore the country\u2019s transitional government.<\/p>\n<p><strong>Also getting a lot of coverage internationally:<\/strong><\/p>\n<ul>\n<li><strong>Facebook\u2019s perma-PR crisis continues:<\/strong> The international news media are continuing to dish the dirt on the inner workings of the social media giant after receiving thousands of leaked documents known as the Facebook Papers (<a href=\"https:\/\/apnews.com\/article\/the-facebook-papers-covid-vaccine-misinformation-c8bbc569be7cc2ca583dadb4236a0613\">AP<\/a> | <a href=\"https:\/\/www.nytimes.com\/2021\/10\/26\/technology\/facebook-sec-complaints.html\">NYT<\/a> | <a href=\"https:\/\/www.washingtonpost.com\/technology\/2021\/10\/26\/facebook-angry-emoji-algorithm\/\">Washington Post<\/a> | <a href=\"https:\/\/www.ft.com\/content\/db376f67-5b51-4670-a0cc-c4901b3d96f2\">FT<\/a> | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-10-26\/facebook-s-algorithms-increasingly-in-sights-of-u-s-lawmakers?srnd=premium\">Bloomberg<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/facebook-encounters-challenge-in-bid-to-hire-a-prominent-democratic-lobbyist-11635240600?mod=hp_lead_pos5\">WSJ<\/a> ).<\/li>\n<li><strong>Biden looks to b\u2019naires to fund USD 1.75 tn spending bill: <\/strong>US President Joe Biden is hoping to get Congress to sign off on a massive social services and climate spending this week \u2014 but his plan to fund it with a groundbreaking b\u2019naire tax is already getting pushback from some very powerful (read: wealthy) individuals (<a href=\"https:\/\/apnews.com\/article\/joe-biden-business-child-care-social-services-congress-61767cd905c55f3f204d7824f6924c5a\">AP<\/a> | <a href=\"https:\/\/www.reuters.com\/world\/us\/us-billionaire-tax-proposal-seems-unite-democrats-will-it-work-2021-10-26\/\">Reuters<\/a> | <a href=\"https:\/\/www.nytimes.com\/2021\/10\/25\/us\/politics\/biden-democrats-reconciliation-bill.html\">NYT<\/a> | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-10-26\/trump-tax-cuts-set-to-win-staying-power-as-democrats-drop-plans?srnd=premium&sref=mmeFTDW1\">Bloomberg<\/a>).<\/li>\n<\/ul>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>FOR TOMORROW-<\/strong><\/p>\n<p>The two-day <strong><a href=\"https:\/\/platforms-root-technologies.com\/icec-2021\/\">Intelligent Cities Exhibition & Conference<\/a><\/strong><strong> takes place tomorrow and <\/strong><strong>Thursday<\/strong> at the Intercontinental Cairo Citystars.<\/p>\n<p><strong>Grassroots community leaders<\/strong> aged 25-38 have until tomorrow to apply for the US State Department\u2019s <strong><a href=\"https:\/\/www.facebook.com\/communitysolutionsprogram\/\">Community Solutions Program<\/a><\/strong>. Applications can be submitted <a href=\"https:\/\/bit.ly\/csp2022apply\">here<\/a>.<\/p>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>It\u2019s almost the end of October.<\/strong> Here are dates for some key news triggers next month:<\/p>\n<ul>\n<li><strong>PMI:<\/strong> November\u2019s purchasing managers\u2019 indexes for Egypt, Saudi Arabia and the UAE will land on Wednesday, November 3.<\/li>\n<li><strong>Foreign reserves:<\/strong> October\u2019s foreign reserves figures will be out sometime during the first week of November.<\/li>\n<li><strong>Inflation: <\/strong>Inflation figures for October will be released on Wednesday, 10 November.<\/li>\n<\/ul>\n<p><strong>The Middle East Angel Investment Network\u2019s <\/strong><strong><a href=\"http:\/\/mainmena.com\/conference\/4\">Angel\u2019s Oasis<\/a><\/strong><strong> retreat runs on Thursday <\/strong><strong>and Friday in El Gouna<\/strong>, with separate pricing for in-person and virtual attendance.<\/p>\n<p><strong>Women entrepreneurs have until 6 November to apply to a new accelerator program <\/strong><strong>launched by NGO Nahdet El Mahrousa<\/strong> offering up to EGP 200k in grants, mentorship, and other business support. Founders and social enterprise leaders working in ICT, creative industries, or on projects that support gender equality are eligible to apply. The program, Rabeha, was launched in partnership with UN Women Egypt, the Egyptian National Council for Women, Global Affairs Canada, and other partners. You can <a href=\"https:\/\/l.facebook.com\/l.php?u=https%3A%2F%2Fbit.ly%2F3DWmlG5%3Ffbclid%3DIwAR0CgpdQDltgFGzhoGJmuKRr5AdNL_bxkQIE7ejiUngECbkxK-Qg3WQ1LAs&h=AT03bTcEWHO7_ifSyWY3bzUc-4W2xyBotj8E6jDvCOL2g53DHT_1O-x-6WJEHQmxMXlxAvB-DaYAdjcjN1G0nWZBboNwVUPZ69Ua7N1_VRuZTOXC_gPJRuv0i4eqb8Sxzl7K&__tn__=-UK-R&c%5B0%5D=AT1HqXk_X4HRQoevTN35Wj-0uhLHrBeazxBScbrfhO3vQVPEgiiCAGC1QpNkyytUpdrdEmhOyhxjQU2yUeKNtV12aIbQoco90gnb9pzz2WJj9o-nFnvIGq21LI5OeTpfeJZ2jrjus2lOZqRLTUHrcLXrIhu6TpLQm0zXJzSAUdUSEzwfnrSJWdcx_K8duqOHSxQSNNw\">apply here<\/a>.<\/p>\n<p><strong>We\u2019re looking forward to reading <\/strong><strong><a href=\"https:\/\/www.amazon.com\/Justo-Tiempo-historia-p%C3%A9rdida-comienzo-ebook\/dp\/B09HPRPHR4\">Justo a Tiempo<\/a><\/strong><strong>, a memoir penned by our friend <\/strong><strong>\u200b\u200bMaria Laura Sanchez Puerta (<\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/af34f74d-0aa1-4166-9355-e86880dd7e70\">Morning Routine<\/a><\/strong><strong>) about her family\u2019s battle against cancer.<\/strong> Sanchez Puerta, who is the World Bank\u2019s human development program leader in Egypt, is launching her memoir on Sunday, 7 November at Osana in Maadi. Argentinian Ambassador Eduardo Varela and Cairo University Professor Rasha Abboudy will also be speaking at the event.<\/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- The mercury has gone back up to the 30s. <\/strong>Expect a daytime high of 31\u00b0C tomorrow and a nighttime low of 19\u00b0C, according to our favorite weather app.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bariq\/\">BariQ<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/european-central-bank\/\">European Central Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ghazl-el-mahalla\/\">Ghazl El Mahalla<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hala-zayed\/\">Hala Zayed<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/interest-rates\/\">interest rates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ipo-watch\/\">IPO watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/madinet-masr-for-housing-and-development\/\">Madinet Masr for Housing and Development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moustafa-madbouly\/\">Moustafa Madbouly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/privatization-watch\/\">privatization watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/raya-holding\/\">Raya Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"556884\" 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 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-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\/240927.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/mashreq.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27486.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/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-3erbdv7\" data-v=\"4\" data-block-id=\"3erbdv7\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-3erbdv7-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-3erbdv7-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                <\/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-teg1420\" data-v=\"4\" data-block-id=\"teg1420\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-teg1420-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-teg1420-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\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 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=\"556885\" 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=\"556885\">\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\/10\/26\/darth-perez-strikes-back-cop26-is-already-on-shaky-ground\/\">\r\n                            Darth Perez strikes back + COP26 is already on shaky ground                        <\/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\/26\/darth-perez-strikes-back-cop26-is-already-on-shaky-ground\/\" 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\/10\/26\/darth-perez-strikes-back-cop26-is-already-on-shaky-ground\/')\">\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\/10\/26\/darth-perez-strikes-back-cop26-is-already-on-shaky-ground\/\">\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=Darth Perez strikes back + COP26 is already on shaky ground&url=https:\/\/enterpriseam.com\/egypt\/2021\/10\/26\/darth-perez-strikes-back-cop26-is-already-on-shaky-ground\/\">\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\/10\/26\/darth-perez-strikes-back-cop26-is-already-on-shaky-ground\/&title=Darth Perez strikes back + COP26 is already on shaky ground\">\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=Darth+Perez+strikes+back+%2B+COP26+is+already+on+shaky+ground+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F10%2F26%2Fdarth-perez-strikes-back-cop26-is-already-on-shaky-ground%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\/10\/26\/darth-perez-strikes-back-cop26-is-already-on-shaky-ground\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/472.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"556886\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/26\/darth-perez-strikes-back-cop26-is-already-on-shaky-ground\/472-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/472.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"472.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/472.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/472.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-556885\" class=\"content-area-description single-story post-556885 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-boris-johnson tag-china tag-climate-change tag-cop26 tag-energy tag-enterprisepm tag-for-your-commute tag-oil-and-gas tag-russia tag-spain tag-sports 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-06\"><\/a> <strong>Darth Perez strikes back: The Super League is going after Fifa and Uefa for their <\/strong><strong>\u201cmonopoly\u201d on football. <\/strong>Real Madrid, Barcelona and Juventus are refusing to let their botched ambitions for <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c61d27bd-bf66-4024-9cf5-3a9f03a65a4a\">a pan-European Super League<\/a> die, and have launched legal proceedings against Fifa and Uefa that could \u201cfundamentally reorganize\u201d how the sport is run, the <a href=\"https:\/\/www.ft.com\/content\/d6b63d63-e61d-4187-bad1-b5f399895a88\">Financial Times<\/a> reports in an exclusive, citing court filings. The clubs \u2014 along with nine other European teams \u2014 attempted to form the breakaway league earlier this year to rival the Uefa Champions League, only to have the plans seemingly fall apart within days following universal condemnation by fans, teams, and pundits alike.<\/p>\n<p><strong>What\u2019s their argument?<\/strong> The three clubs are alleging that Fifa and Uefa\u2019s control over football is tantamount to a monopoly, which prevents new competitions from being set up to rival the officially-recognized tournaments. They also claim that Uefa should not be able to both make returns from its international tournaments and act as the sport\u2019s regulator. The case is heading to the European Court of Justice, which will now judge whether football\u2019s governing bodies have abused their market power in contravention of European law.<\/p>\n<p><strong>Clubs vs. countries:<\/strong> Sixteen European countries have said they will weigh in against the rebel clubs to defend Uefa in the lawsuit and protect the current model of the game. The European Commission has also said it will intervene in the case.<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>The COP26 summit hasn\u2019t even begun and the probability of its success is already<\/strong><strong> on shaky ground.<\/strong> With neither <a href=\"https:\/\/www.reuters.com\/business\/cop\/xis-not-there-cop26-hopes-dim-chinese-leaders-likely-absence-2021-10-26\/\">China<\/a> nor <a href=\"https:\/\/www.bbc.com\/news\/world-europe-58977993\">Russia<\/a>\u2019s leaders \u2014 the world\u2019s two biggest giant greenhouse gas emitters \u2014 attending, conference host UK PM Boris Johnson said the summit\u2019s chances for success are \u201ctouch and go\u201d and that negotiations will be \u201cvery, very tough\u201d (<a href=\"https:\/\/www.youtube.com\/watch?v=AC_oC8JeU44\">watch, runtime: 1:02<\/a>). While the US and India (two other major emitters) are <a href=\"https:\/\/eciu.net\/analysis\/briefings\/international-perspectives\/what-is-cop26-who-will-attend-it-and-why-does-it-matter\">expected<\/a> to attend, several other voices will not be represented at the annual summit, including a <a href=\"https:\/\/www.theguardian.com\/world\/2021\/oct\/21\/third-of-pacific-islands-unable-to-attend-cop26-sparking-fears-summit-will-be-less-ambitious?CMP=Share_iOSApp_Other\">third of the Pacific islands<\/a>. The <a href=\"https:\/\/time.com\/6109499\/cop26-climate-hopes-scotland\/\">increased costs<\/a> of attending the summit this year, along with covid-19 travel restrictions and other pandemic woes, are the main reasons behind the receding RSVP list.<\/p>\n<p><strong>Wh<\/strong><strong>y are the stakes for this year\u2019s iteration of the summit so high?<\/strong> <a href=\"https:\/\/www.npr.org\/2021\/10\/25\/1047617334\/cop26-summit-climate-change-un-glasgow\">Deemed<\/a> \u201carguably the most important COP since 2015\u201d by former climate chief Christiana Figueres, the COP26 has leaders, activists and economists the world over holding their breath largely due to the looming urgency of realizing the goals of the <a href=\"https:\/\/www.nrdc.org\/stories\/paris-climate-agreement-everything-you-need-know\">Paris Agreement in 2015<\/a>, the most ambitious of which is limiting global warming to below 2\u00b0C, a figure that strays considerably far from projections based on current pledges, which <a href=\"https:\/\/www.washingtonpost.com\/climate-environment\/2021\/10\/25\/antonio-guterres-climate-change\/\">indicate<\/a> a number closer to 2.7\u00b0C. Rich countries have also been expected to empty their pockets of USD 100 bn annually in support of climate actions in developing nations, a matter around which they should announce plans during the summit. Closing the emissions gap and reaching a net zero pathway are among other time-sensitive issues to be discussed at the summit.<\/p>\n<p><strong>So what \u2014 or rather, who \u2014 will determine if the summit will be a success? <\/strong>UN Secretary General Antonio Gueterres places a bulk of the responsibility squarely on <a href=\"https:\/\/www.theguardian.com\/environment\/2021\/oct\/26\/climate-crisis-economists-grossly-undervalue-young-lives-warns-stern\">finance ministers\u2019<\/a> shoulders, calling on them to urgently consider net zero goals, low-carbon economic recovery, and inclusion in their decisions for the coming weeks. Economists <a href=\"https:\/\/www.ft.com\/content\/ab219fef-eece-463e-9b3c-6e4813d5effe\">Jeffrey Sachs<\/a> and <a href=\"https:\/\/www.theguardian.com\/environment\/2021\/oct\/26\/climate-crisis-economists-grossly-undervalue-young-lives-warns-stern\">Nicholas Stern<\/a> also said tackling climate change requires rethinking economic growth in a framework that prioritizes \u201cbroader common goods\u201d over consumption of the rich, and a more \u201cresource-efficient, productive and healthier\u201d future. Both maintain that taking actions towards fighting climate change, like reallocating investments to green technologies like solar and wind, or implementing carbon pricing and regulation, would not be deterrents to economic growth.<\/p>\n<p><strong>SOME GOOD NEWS- The pace of divestment from fossil fuels is picking up:<\/strong> Some 1,500 institutions with USD 39.2 tn of assets under management announced this year they\u2019re planning to sell off their fossil fuel holdings, up from USD 52 bn across 181 institutions in 2014, according to a report from DivestInvest picked up by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-10-26\/fossil-fuel-divestment-supported-by-investors-with-39-trillion?sref=mmeFTDW1\">Bloomberg<\/a>. Harvard University, Ford Foundation, the state of Maine, and Canada\u2019s Caisse de D\u00e9p\u00f4t et Placement du Quebec are all among those that made divestment pledges, even as energy stocks surge on the back of the energy crisis, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/583f7cb3-064a-40af-878d-e3119ed61371\">leaving climate-conscious investors behind<\/a>. <a href=\"https:\/\/www.divestinvest.org\/\">DivestInvest<\/a> is a network that works to influence investors to divest from fossil fuels and invest in climate solutions to support the transition to the zero-carbon economy.<\/p>\n<p><strong>Investors are also reporting positive financial outcomes from the move away from fossil fuel investments<\/strong>, with a recent report by <a href=\"http:\/\/ieefa.org\/wp-content\/uploads\/2021\/03\/BlackRock-Phase-One.pdf\">BlackRock Inc.<\/a> finding that investors reported \u201cneutral to positive results\u201d from divestment. The DivestInvest report indicates much of the same, saying that investors \u201ccite the financial reality that climate change will make fossil fuels obsolete and a renewable energy future inevitable.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/boris-johnson\/\">Boris Johnson<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/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\/cop26\/\">COP26<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/spain\/\">Spain<\/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=\"556887\" 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=\"556887\">\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\/26\/zamaleks-first-match-in-the-premier-league-cool-outings-for-residents-of-both-sides-of-the-city-the-haunting-of-hill-house-book-is-just-a-spooky-as-the-mini-series\/\">\r\n                            Zamalek\u2019s first match in the Premier League + Cool outings for residents of both sides of the city + the Haunting of Hill House book is just a spooky as the mini-series                        <\/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\/26\/zamaleks-first-match-in-the-premier-league-cool-outings-for-residents-of-both-sides-of-the-city-the-haunting-of-hill-house-book-is-just-a-spooky-as-the-mini-series\/\" 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\/10\/26\/zamaleks-first-match-in-the-premier-league-cool-outings-for-residents-of-both-sides-of-the-city-the-haunting-of-hill-house-book-is-just-a-spooky-as-the-mini-series\/')\">\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\/10\/26\/zamaleks-first-match-in-the-premier-league-cool-outings-for-residents-of-both-sides-of-the-city-the-haunting-of-hill-house-book-is-just-a-spooky-as-the-mini-series\/\">\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=Zamalek\u2019s first match in the Premier League + Cool outings for residents of both sides of the city + the Haunting of Hill House book is just a spooky as the mini-series&url=https:\/\/enterpriseam.com\/egypt\/2021\/10\/26\/zamaleks-first-match-in-the-premier-league-cool-outings-for-residents-of-both-sides-of-the-city-the-haunting-of-hill-house-book-is-just-a-spooky-as-the-mini-series\/\">\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\/10\/26\/zamaleks-first-match-in-the-premier-league-cool-outings-for-residents-of-both-sides-of-the-city-the-haunting-of-hill-house-book-is-just-a-spooky-as-the-mini-series\/&title=Zamalek\u2019s first match in the Premier League + Cool outings for residents of both sides of the city + the Haunting of Hill House book is just a spooky as the mini-series\">\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=Zamalek%E2%80%99s+first+match+in+the+Premier+League+%2B+Cool+outings+for+residents+of+both+sides+of+the+city+%2B+the+Haunting+of+Hill+House+book+is+just+a+spooky+as+the+mini-series+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F10%2F26%2Fzamaleks-first-match-in-the-premier-league-cool-outings-for-residents-of-both-sides-of-the-city-the-haunting-of-hill-house-book-is-just-a-spooky-as-the-mini-series%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\/10\/26\/zamaleks-first-match-in-the-premier-league-cool-outings-for-residents-of-both-sides-of-the-city-the-haunting-of-hill-house-book-is-just-a-spooky-as-the-mini-series\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-556887\" class=\"content-area-description single-story post-556887 post type-post status-publish format-standard hentry category-enterprise-recommends-2 tag-enterprise-recommends tag-enterprisepm tag-psychology 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><strong><a href=\"https:\/\/www.netflix.com\/title\/81006619\">Monsters Inside: The 24 Faces of Billy Milligan<\/a><\/strong><strong> mixes true crime and psychology: <\/strong>The serial [redacted] assaulter was arrested in Ohio in 1977 and upon investigation was diagnosed with having multiple personality disorder. At a time when the condition was still misunderstood by the wider population, the case sparked a major legal debate about whether a defendant can use multiple personalities to plead insanity. The judge ended up ruling in his favor and sentencing him to more than 10 years in mental hospitals rather than prison, making Milligan the first person to be acquitted of a serious crime because of the illness.<\/p>\n<p>\u26bd <strong>Gameweek 1 of the Egyptian Premier League continues today:<\/strong> Reigning champions Zamalek get their campaign underway tonight at 8pm when they face Enppi. El Gouna play Ceramica Cleopatra at 5.30pm, while Arab Contractors and Eastern Company are currently mid-way through the first clash of the day.<\/p>\n<p><strong>Over in the UK- The League Cup round of 16 kicks off tonight: <\/strong>Chelsea will play against Southampton, Arsenal take on Leeds, and QPR meet Sunderland, all of which start at 8:45pm.<\/p>\n<p><strong>In La Liga:<\/strong> Alaves face Elche at 7pm, Espanyol play Athletic Bilbao at 9pm, and Villarreal meet Cadiz at 9:30pm.<\/p>\n<p><strong>As for Serie A:<\/strong> Milan \u2014 which are tied at the top of the table with Napoli having only dropped two points so far this season \u2014 will face Turin at 8:45pm. Meanwhile at 6:30pm, Spezia will play against Genoa, and Venice play Salernitana, which are at the bottom of the table.<\/p>\n<p><strong>?EAT THIS TONIGHT- <\/strong><\/p>\n<p><strong>Another Italian place everyone is raving about:<\/strong> <a href=\"https:\/\/www.instagram.com\/spaghi_spaghetteria\/?utm_medium=copy_link\">Spaghi Spaghetteria<\/a> in Al Guezira Plaza in Sheikh Zayed serves all the quintessential Italian dishes we know and love as well as a few twists. They certainly don\u2019t skimp on the cheese, with their pizza and pasta dishes ensuring a satisfying cheese pull with every bite. Start off with their seafood soup, bruschetta, fried calamari, or fresh burrata. We\u2019re more pasta people and we loved their lasagna, carbonara, and gnocchi pesta, but their pizza pot pie almost made us switch sides. For dessert, they\u2019ve added a honeycomb molten cake to their menu that is definitely worth a try.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><\/p>\n<p>(all times CLT)<\/p>\n<p><strong>Head to Cairo Jazz Club 610\u2019s <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/comedy-night-with-shadi-alfons\/275622177777913\/\">comedy night<\/a><\/strong><strong> with Shadi Alfons & Khalid Mansour <\/strong><strong>today at 9pm.<\/strong> The duo are famous for their hilarious segments on the Egyptian version of Saturday Night Live.<\/p>\n<p><strong>It\u2019s <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/s\/when-the-sun-goes-down-arctic-\/231531678880348\/\">Arctic Monkeys tribute night<\/a><\/strong><strong> at The Room New Cairo, with the performing band<\/strong>, The Mangabeys, making sure to note that they\u2019ll be playing \u2018Do I Wanna Know?\u2019. The set starts at 9pm.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>With Halloween just around the corner, what better time to revisit \u201cthe definitive haunted <\/strong><strong>house story\u201d: The Haunting of Hill House?<\/strong> You may know it as the <a href=\"https:\/\/www.netflix.com\/title\/80189221\">ten-part 2018 Netflix series<\/a> that gave us all the chills (or that <a href=\"https:\/\/www.imdb.com\/title\/tt0171363\/\">horrible adaptation<\/a> from the 1990s). But for horror aficionados, <a href=\"https:\/\/www.amazon.com\/Haunting-Hill-House-Penguin-Classics\/dp\/0143039989\">The Haunting of Hill House<\/a> stands as one of the great ghost stories of all time, <a href=\"https:\/\/www.theguardian.com\/books\/2018\/oct\/11\/textbook-terror-how-the-haunting-of-hill-house-rewrote-horrors-rules\">praised by<\/a> Stephen King for bringing us \u201cthe finest character to come out of the new American gothic tradition.\u201d He\u2019s talking about Eleanor Vance, one of the assistants brought to investigate a supposedly haunted house in Shirley Jackson\u2019s 1959 novel. Eleanor finds herself strangely captivated by Hill House and its dark, changeable nature. As the house itself plays on her senses, all her loneliness and feelings of dread emerge as things that go bump in the night \u2014 or perhaps just terrifying manifestations of her own subconscious. An eerie reminder to us all that \u201chouses aren\u2019t haunted \u2014 people are. \u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/psychology\/\">psychology<\/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=\"556888\" 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=\"556888\">\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\/26\/meet-our-analyst-of-the-week-primes-sherif-el-etr\/\">\r\n                            Meet our analyst of the week: Prime\u2019s Sherif El Etr                        <\/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\/26\/meet-our-analyst-of-the-week-primes-sherif-el-etr\/\" 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\/10\/26\/meet-our-analyst-of-the-week-primes-sherif-el-etr\/')\">\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\/10\/26\/meet-our-analyst-of-the-week-primes-sherif-el-etr\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Meet our analyst of the week: Prime\u2019s Sherif El Etr&url=https:\/\/enterpriseam.com\/egypt\/2021\/10\/26\/meet-our-analyst-of-the-week-primes-sherif-el-etr\/\">\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\/10\/26\/meet-our-analyst-of-the-week-primes-sherif-el-etr\/&title=Meet our analyst of the week: Prime\u2019s Sherif El Etr\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Meet+our+analyst+of+the+week%3A+Prime%E2%80%99s+Sherif+El+Etr+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F10%2F26%2Fmeet-our-analyst-of-the-week-primes-sherif-el-etr%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\/10\/26\/meet-our-analyst-of-the-week-primes-sherif-el-etr\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/473.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"556889\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/26\/meet-our-analyst-of-the-week-primes-sherif-el-etr\/473-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/473.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"473.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/473.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/473.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-556888\" class=\"content-area-description single-story post-556888 post type-post status-publish format-standard has-post-thumbnail hentry category-go-with-the-flow tag-enterprisepm tag-go-with-the-flow tag-prime-holding wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-03\" class=\"content-anchor\"><\/a> <strong>OUR ANALYST OF THE WEEK-<\/strong> Sherif El Etr, equity analyst at Prime Holding (<a href=\"https:\/\/www.linkedin.com\/in\/sherif-el-etr-951657bb\/?originalSubdomain=eg\">LinkedIn<\/a>).<\/p>\n<p><strong>My name is Sherif El Etr and I\u2019m a sell-side equity analyst at Prime Holding.<\/strong> I\u2019ve been in this role for around a year and half now and I cover consumers and NBFS. My previous experience was as an asset and liabilities management analyst at the National Bank of Egypt and before that I was working at a corporate. I knew that I wanted to be in the finance and investment field so the bank was my jumping-off point and I also decided to take the CFA. I passed level one and now I'm studying for level two.<\/p>\n<p><strong>The best part of my job is getting to know more about companies and the markets. <\/strong>The valuations are my favorite part and the reason I was excited about being in a finance-related job. It\u2019s a lot of exposure and every detail about a company allows you to see the bigger picture about the market.<\/p>\n<p><strong>The worst part of my job is that you give recommendations, but you personally can\u2019t take any action. <\/strong>You see value and potential growth, but you can\u2019t move towards it or execute your own strategy. The investor has the final say in whether they\u2019ll trust your judgement and you have to accept that.<\/p>\n<p><strong>Work from home was good for my productivity.<\/strong> For me it was a positive experience as I could focus better and of course there was the added benefit of no commute. But everything has a good and bad side and in this case the biggest con was that working hours were extended.<\/p>\n<p><strong>My theory of investment is inspired by Warren Buffett.<\/strong> I agree with his strategy of long-term investments that use fundamentals as their basis. When you invest, you become a loyal shareholder that is a believer in the value of the stock they\u2019ve invested in. That\u2019s why you need to be confident and well-informed about the investments you seek.<\/p>\n<p><strong>The most important factor I look at before recommending an investment is the firm\u2019s ability for continuous growth and value creation.<\/strong> Companies need to have an edge to outpace peers and if the management feels like they\u2019re reaching maturity in the business cycle, they need to make a new curve by introducing new products or services or innovating their existing offerings. That being said, there are a lot of factors to consider when assessing a company including financials, operations, business models, and more.<\/p>\n<p><strong>I think the EGX30 closing in the green this year is conditional on whether foreign investors come back to the market. <\/strong>It could remain in the green, but there are always fluctuations. However, these fluctuations are very minor compared to other countries where the main index went up or down significantly in the past year. The market is stable, but I think that foreign investors coming back to what they consider blue chip stocks could be a catalyst for the EGX30 to perform better, especially since the market has a lot of undervalued stocks with upside potential in terms of valuation.<\/p>\n<p><strong>I do think 2022 could be the year of Egypt. <\/strong>Globally, there are a lot of implications from the pandemic such as inflation and commodity prices, but Egypt has rode that wave steadily and even achieved positive GDP growth in 2020. With growth expected to accelerate in the coming years, I think that when things normalize around the world, Egypt will receive a boost that will allow it to outpace forecasts and other EMs. We\u2019ll probably start seeing this in 2H2022.<\/p>\n<p><strong>If I had to cover another sector, I would go for real estate. <\/strong>It\u2019s interesting and it has completely different financial and business models. At one point, I\u2019d like to go into buy-side research, private equity, or venture capital. I\u2019m attracted to the prospect of value creation and knowing the right time to exit an investment.<\/p>\n<p><strong>The last great thing I watched <\/strong><strong>was <\/strong><strong><a href=\"https:\/\/www.netflix.com\/title\/81040344\">Squid<\/a><\/strong><strong><a href=\"https:\/\/www.netflix.com\/title\/81040344\">Game<\/a><\/strong><strong>.<\/strong> I watched it before all the spoilers came out all over social media, so it really took me by surprise. I felt like it held a very important message: that you could believe that pursuing something will bring you happiness and comfort, but that\u2019s not always the case. I also really loved the score.<\/p>\n<p><strong>The last great thing I read was <\/strong><strong><a href=\"https:\/\/www.amazon.com\/Rich-Dad-Poor-Teach-Middle\/dp\/1612680194\">Rich Dad Poor Dad<\/a><\/strong><strong> by Robert Kiyosaki.<\/strong> I like reading about finance and how people decide on investment strategies.<\/p>\n<p><strong>I mostly listen to podcasts and watch things on YouTube that have to do with the English Premier League.<\/strong> I\u2019m a huge Arsenal fan \u201clel asaf\u201d [laughs] and I keep up to date with everything about the club. The things I listen to are <a href=\"https:\/\/www.youtube.com\/user\/ESPN\">ESPN<\/a>, <a href=\"https:\/\/www.youtube.com\/channel\/UCX1em-uaFMS02Rrk_Bowyng\">Fabrizio Romano<\/a>, <a href=\"https:\/\/www.youtube.com\/channel\/UC7AiAq4zB5ylQy23gg3H8hA\">Younes Talks Football<\/a>, and <a href=\"https:\/\/www.youtube.com\/c\/AFTVmedia\">AFTV<\/a>. Other than that, I play a lot of Call of Duty: Warzone when I\u2019m not studying for the CFA.<\/p>\n<hr class=\"grey-line\" \/>\n<p><strong>The EGX30 rose 0.7% at today\u2019s close<\/strong> on turnover of EGP 1.58 bn (3.6% above the 90-day average). Foreign investors were net sellers. The index is up 3.8% YTD.<\/p>\n<p><strong>In the green: <\/strong>Fawry (+6.8%), Sidi Kerir Petrochemicals (+6.6%) and AMOC (+4.8%).<\/p>\n<p><strong>In the red: <\/strong>Madinet Nasr Housing (-9.0%), Gadwa Industrial Development (-6.4%) and Egypt Resorts Company (-6.4%).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/prime-holding\/\">Prime Holding<\/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=\"556890\" 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\/26\/your-essential-business-calendar-for-26-october-2021-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-556890\" class=\"content-area-description single-story post-556890 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>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>23-28 October (Saturday-Thursday): A high-level delegation of the UN\u2019s International Fund for Agricultural Development (IFAD) <a href=\"https:\/\/www.ifad.org\/en\/web\/latest\/-\/high-level-un-delegation-to-visit-egypt?utm_source=miragenews&utm_medium=miragenews&utm_campaign=news\">will visit Egypt<\/a> to meet with government officials and travel to IFAD-supported projects in the country.<\/p>\n<p>24-28 October (Sunday-Thursday): <a href=\"https:\/\/www.cairowaterweek.eg\/\">Cairo Water Week<\/a>, Cairo, Egypt.<\/p>\n<p>26 October (Tuesday): <a href=\"https:\/\/ent.news\/2021\/10\/EIB-Financing-Water-Projects-Oct21.pdf\">EIB seminar (pdf)<\/a> on water project financing in Egypt. Nile Ritz Carlton, Cairo.<\/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>27 October (Wednesday): <a href=\"https:\/\/tresconglobal.com\/conferences\/cloud\/egypt\/\">World Cloud Show<\/a>.<\/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>1-12 November (Monday-Friday): 2021 United Nations Climate Change Conference (COP26), Glasgow, United Kingdom.<\/p>\n<p>2-3 November (Tuesday-Wednesday): The Federal Reserve meets to review interest rates.<\/p>\n<p>6 November (Saturday): Deadline to apply to Nahdet El Mahrousa\u2019s Rabeha, a women entrepreneurship <a href=\"https:\/\/l.facebook.com\/l.php?u=https%3A%2F%2Fbit.ly%2F3DWmlG5%3Ffbclid%3DIwAR0CgpdQDltgFGzhoGJmuKRr5AdNL_bxkQIE7ejiUngECbkxK-Qg3WQ1LAs&h=AT03bTcEWHO7_ifSyWY3bzUc-4W2xyBotj8E6jDvCOL2g53DHT_1O-x-6WJEHQmxMXlxAvB-DaYAdjcjN1G0nWZBboNwVUPZ69Ua7N1_VRuZTOXC_gPJRuv0i4eqb8Sxzl7K&__tn__=-UK-R&c%5B0%5D=AT1HqXk_X4HRQoevTN35Wj-0uhLHrBeazxBScbrfhO3vQVPEgiiCAGC1QpNkyytUpdrdEmhOyhxjQU2yUeKNtV12aIbQoco90gnb9pzz2WJj9o-nFnvIGq21LI5OeTpfeJZ2jrjus2lOZqRLTUHrcLXrIhu6TpLQm0zXJzSAUdUSEzwfnrSJWdcx_K8duqOHSxQSNNw\">accelerator program<\/a>.<\/p>\n<p>7-10 November (Sunday-Wednesday): Cairo ICT 2021, Egypt International Exhibition Center, New Cairo.<\/p>\n<p>8 November (Monday): <a href=\"https:\/\/www.egyptcsrforum.com\/\">Egypt CSR Forum<\/a>, International Citystars, Cairo.<\/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>18-19 November (Thursday-Friday) British royal family members Prince Charles and the Duchess of Cornwall visit Cairo.<\/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>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>7 January 2022 (Friday): Coptic Christmas.<\/p>\n<p>27 January 2022 (Tuesday): National holiday in observance of 25 January revolution anniversary \/ Police Day.<\/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>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>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 (Friday): Arafat Day.<\/p>\n<p>9-13 July (Saturday-Wednesday): Eid Al Adha, national holiday.<\/p>\n<p>30 July (Saturday): Islamic New Year.<\/p>\n<p>6 October (Thursday): Armed Forces Day, national holiday.<\/p>\n<p>8 October (Saturday): Prophet Muhammad\u2019s birthday.<\/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\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":556882,"template":"","categories":[],"tags":[],"class_list":["post-556881","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"f5a4193f-4e4e-4009-a893-1f7a4a7df23c","teaser":"","photo_url":"https:\/\/ent.news\/2021\/10\/471.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>Ghazl El Mahalla could be the next state firm to debut on the EGX + Raya closes BariQ sale to Intro Group. - 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\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghazl El Mahalla could be the next state firm to debut on the EGX + Raya closes BariQ sale to Intro Group.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T01:28:03+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\/471.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\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/\",\"name\":\"Ghazl El Mahalla could be the next state firm to debut on the EGX + Raya closes BariQ sale to Intro Group. - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/471.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-10-26T13:49:19+00:00\",\"dateModified\":\"2025-12-16T01:28:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/471.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/471.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Afternoon\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/PMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Ghazl El Mahalla could be the next state firm to debut on the EGX + Raya closes BariQ sale to Intro Group.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ghazl El Mahalla could be the next state firm to debut on the EGX + Raya closes BariQ sale to Intro Group. - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/","og_locale":"en_US","og_type":"article","og_title":"Ghazl El Mahalla could be the next state firm to debut on the EGX + Raya closes BariQ sale to Intro Group.","og_url":"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/","og_site_name":"EnterpriseAM Egypt","article_modified_time":"2025-12-16T01:28:03+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/471.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/","url":"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/","name":"Ghazl El Mahalla could be the next state firm to debut on the EGX + Raya closes BariQ sale to Intro Group. - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/471.jpg?fit=%2C&ssl=1","datePublished":"2021-10-26T13:49:19+00:00","dateModified":"2025-12-16T01:28:03+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/471.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/471.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/ghazl-el-mahalla-could-be-the-next-state-firm-to-debut-on-the-egx-raya-closes-bariq-sale-to-intro-group\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Afternoon","item":"https:\/\/enterpriseam.com\/egypt\/PMarchives\/"},{"@type":"ListItem","position":3,"name":"Ghazl El Mahalla could be the next state firm to debut on the EGX + Raya closes BariQ sale to Intro Group."}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/556881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/afternoon"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/556882"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=556881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=556881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=556881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}