{"id":557833,"date":"2021-09-06T13:44:52","date_gmt":"2021-09-06T13:44:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=557833"},"modified":"2025-12-16T01:50:17","modified_gmt":"2025-12-16T01:50:17","slug":"enterprise-egypt-attracted-second-most-inbound-ma-transactions-from-middle-east-in-1h2021","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/enterprise-egypt-attracted-second-most-inbound-ma-transactions-from-middle-east-in-1h2021\/","title":{"rendered":"Enterprise Egypt attracted second most inbound M&#038;A transactions from Middle East in 1H2021."},"content":{"rendered":"<section id=\"557835\" 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=\"557835\">\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\/09\/06\/tonight-egypt-is-the-second-hottest-ma-market-for-middle-east-investments-fed-taper-delay-gives-global-markets-a-boost-also-its-80s-night-on-the-tube-this-week\/\">\r\n                            TONIGHT: Egypt is the second hottest M&#038;A market for Middle East investments + Fed taper delay gives global markets a boost. ALSO: It\u2019s 80s night on the tube this week.                        <\/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\/09\/06\/tonight-egypt-is-the-second-hottest-ma-market-for-middle-east-investments-fed-taper-delay-gives-global-markets-a-boost-also-its-80s-night-on-the-tube-this-week\/\" 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\/09\/06\/tonight-egypt-is-the-second-hottest-ma-market-for-middle-east-investments-fed-taper-delay-gives-global-markets-a-boost-also-its-80s-night-on-the-tube-this-week\/')\">\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\/09\/06\/tonight-egypt-is-the-second-hottest-ma-market-for-middle-east-investments-fed-taper-delay-gives-global-markets-a-boost-also-its-80s-night-on-the-tube-this-week\/\">\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: Egypt is the second hottest M&#038;A market for Middle East investments + Fed taper delay gives global markets a boost. 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ALSO: It\u2019s 80s night on the tube this week.\">\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+Egypt+is+the+second+hottest+M%26%23038%3BA+market+for+Middle+East+investments+%2B+Fed+taper+delay+gives+global+markets+a+boost.+ALSO%3A+It%E2%80%99s+80s+night+on+the+tube+this+week.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F06%2Ftonight-egypt-is-the-second-hottest-ma-market-for-middle-east-investments-fed-taper-delay-gives-global-markets-a-boost-also-its-80s-night-on-the-tube-this-week%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\/09\/06\/tonight-egypt-is-the-second-hottest-ma-market-for-middle-east-investments-fed-taper-delay-gives-global-markets-a-boost-also-its-80s-night-on-the-tube-this-week\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557835\" class=\"content-area-description single-story post-557835 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-abou-ghaly-motors tag-adnoc tag-afghanistan tag-capmas tag-contact-financial tag-education tag-enterprisepm tag-finance-ministry tag-ma-watch tag-safe-cities-index tag-tourism tag-vaccines tag-what-were-tracking-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good afternoon, ladies and gentlemen<\/strong>, and welcome to a stacked day of business and finance news both foreign and domestic.<\/p>\n<p><a id=\"tldr-story-01\" class=\"content-anchor\"><\/a> <strong>THE BIG STORIES TODAY SO FAR-<\/strong><\/p>\n<p><strong>#1 Egypt attracts second most inbound M&A transactions from the Middle East in 1H2021, <\/strong>recording 18 transactions valued at USD 1.8 bn during the first half of the year, according to a Baker McKenzie report. Global M&A activity saw a 120% increase over the six months compared to 1H2020, while activity in the Middle East increased by 59%.<\/p>\n<p><strong>#2 The Finance Ministry has issued a <\/strong><strong><a href=\"https:\/\/bit.ly\/3yUsiAE\">statement (pdf)<\/a><\/strong><strong> denying that it will impose new taxes on capital gains <\/strong>after a document circulated by FinMin caused speculation as to whether the long-shelved capital gains tax would be making a comeback in January 2022. The FinMin did not address when the tax could be reintroduced, but explained that the circular was issued in order to clarify pre-existing regulations, and did not constitute the issuance of new tax legislation.<\/p>\n<p><strong>#3 Consumer finance provider Contact Financial and Abou Ghaly Motors will join forces to launch Abou Ghaly Finance in the coming months, <\/strong>offering finance solutions for car purchases through a fully digitized process, Contact Financial CEO Said Zater told us. Separately, the company is also planning to soon launch e-payment services, and is expecting to receive its license this month.<\/p>\n<p><strong>^^ We\u2019ll have chapter and verse on all three stories in tomorrow\u2019s edition of EnterpriseAM.<\/strong><\/p>\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>Egypt\u2019s non-oil private sector <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7c1827a5-4098-4159-bc8b-dd4fc46f00fe\">shrinks<\/a><\/strong><strong> in August:<\/strong> Business activity in Egypt\u2019s non-oil private sector contracted for the ninth straight month in August. But a record surge in corporate spending and a pick-up in demand softened the decline.<\/li>\n<li><strong>Elsewedy <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0f89b77e-c3ea-45b0-a2f5-6f8d5dbc1b1a\">returns<\/a><\/strong><strong> to Ghana:<\/strong> Elsewedy Electric for Transmission and Distribution of Energy signed a USD 16.7 mn EPC contract to build a substation for Ghana\u2019s state-owned electricity company.<\/li>\n<li><strong>Four Egyptian startups <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6f3963a2-11fe-4a9e-9660-3e084040d7e9\">secure<\/a><\/strong><strong> USD 125k seed funding: <\/strong><a href=\"https:\/\/shipblu.com\/\">ShipBlu<\/a>, <a href=\"https:\/\/www.amenli.com\/\">Amenli<\/a>, <a href=\"https:\/\/pylonump.com\/\">Pylon<\/a> and <a href=\"https:\/\/www.odiggo.com.eg\/\">Odiggo<\/a> have secured USD 125k each in seed funding by US accelerator Y Combinator.<\/li>\n<\/ul>\n<hr class=\"grey-line\" \/>\n<p><strong>SMART POLICY- Capmas will conduct a survey on family health in Egypt, <\/strong>Capmas head Khairat Barakat told <a href=\"https:\/\/bit.ly\/2WXtc1F\">Youm7<\/a>. The survey will focus on the health of mothers and children, in addition surveying families on fertility and family planning. Survey preparations have already kicked off in August and field work should begin by next month. Preliminary results should be out by April 2022. The survey\u2019s data will be used in sketching out health policies and programs that tackle overpopulation. This is the first time for the agency to do such a survey.<\/p>\n<p><strong>The move is likely part of Egypt\u2019s plans to control Egypt\u2019s overpopulation,<\/strong> which include an initiative <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8865787e-487e-4333-a33c-8e0978d73e65\">announced<\/a> back in March aiming to bring the birth rate down from 3.4 to 2.4 children per woman by 2030. The government\u2019s family planning strategy will include financial incentives for having fewer children, in addition to providing contraceptives and other family planning tools at no cost. That\u2019s not counting the Two is Enough initiative, which aimed to get 20 mn families on board by mid-2021, while MPs are also working on the overpopulation problem by legislating new family planning rules.<\/p>\n<p><a id=\"tldr-story-04\" class=\"content-anchor\"><\/a> <strong>This certainly isn\u2019t going to help tourism: <\/strong>The Economist Intelligence Unit\u2019s <a href=\"https:\/\/safecities.economist.com\/\">The Safe Cities Index<\/a> 2021 ranked Cairo the 57th safest city out of 60 major metropolises. The countries are graded in terms of safety based on five indicators: digital security, health, infrastructure, personal security and environmental security. Cairo ranked below average in all categories, but scored particularly badly in the environmental security category \u2014 which measures sustainability and climate adaptation following the pandemic \u2014 coming in second to last, ahead of Kuwait City. Its smart city plans were also noted. This is the index\u2019s fourth edition, with Denmark\u2019s Copenhagen being labeled the safest city in the world in 2021. Egypt came in the 53rd place in 2019.<\/p>\n<p><strong>STARTUP WATCH- Three startups took home EGP 150k each after the conclusion of the Agri-Digital Startup <\/strong><strong>Competition yesterday, <\/strong>held collaboratively between GIZ and Ain Shams University\u2019s Innovation, Entrepreneurship, and Creativity Hub (IHub), according to a <a href=\"https:\/\/ent.news\/2021\/9\/GIZ-Egypt-AIP-PRL_-Agri-Digital-Competition-05-09-2021.pdf\">statement<\/a>. The winning startups were farm monitoring solutions provider <a href=\"https:\/\/www.renile.net\/\">ReNile<\/a>, agricultural community platform Croposa, and an e-commerce platform Cotton Town. Thirty six teams in the startup stage and 41 teams in the idea stage participated, with an additional three winners in the idea stage winning EGP 10k each.<\/p>\n<hr class=\"grey-line\" \/>\n<p><a id=\"tldr-story-02\" class=\"content-anchor\"><\/a> <strong>HAPPENING NOW- EU stocks breathe a sigh of relief over the Fed possibly delaying Taper <\/strong><strong>Tantrum 2.0:<\/strong> European stocks have been on the rise on the first day of trading following a poor US jobs report out last Friday. The Stoxx Europe 600 was up 0.63% (bolstered by rising tech stocks) as of dispatch time, closing in on a record high, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-09-05\/asia-stocks-eye-japan-lift-traders-mull-weak-jobs-markets-wrap?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a>. Analysts tell the news outlet that last week\u2019s <a href=\"https:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\">US jobs report<\/a>, which showed the smallest gains in new jobs in seven months, has markets thinking that the US Federal Reserve will likely delay it\u2019s expected tapering. The FTSE was up 0.59% as of dispatch time, while US markets are closed for Labor Day.<\/p>\n<p><strong>This is good news for us (for now): <\/strong>We could be at risk of outflows if the Federal Reserve starts to unwind its bond-buying program sooner. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f94df2bf-50fa-4cb1-9373-873ad31fdddd\">Statements<\/a> by Fed head Jerome Powell last month signalled that the central bank could begin rolling back its program as early as this year, which would be followed by an uptick in interest rates, potentially putting some pressure on the EGP carry trade.<\/p>\n<p><strong>Taper tantrum who? <\/strong>That said, Egypt\u2019s world-beating real interest rate will help it weather an uptick in global rates, S&P Global Ratings said in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f4a72ffd-c098-4dbf-9efb-a900f320faf8\">a report yesterday<\/a>. It did warn, however, that the country faces some risk from capital outflows unless it acts to reduce its debt costs.<\/p>\n<p><strong>IN OTHER MARKET NEWS-<\/strong><\/p>\n<p><a id=\"tldr-story-05\" class=\"content-anchor\"><\/a> <strong>Abu Dhabi National Oil Company (ADNOC) is planning to sell at least 7.5% of its <\/strong><strong>drilling unit\u2019s shares on the ADX, <\/strong>in what could be one of the largest IPOs in the UAE, <a href=\"https:\/\/bloom.bg\/3BFN7Bi\">Bloomberg<\/a> reports. Previous reports put the value of Adnoc Drilling at USD 10 bn, meaning this IPO could raise some USD 750 mn. This comes as Abu Dhabi tries to revive its IPO pipeline, with sovereign wealth fund Mubadala also <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c6dd6650-e118-4b26-9525-d935327b21cc\">planning<\/a> to list up to 40% of its subsidiary Emirates Global Aluminum.<\/p>\n<p><strong>THE BIG STORY ABROAD- Afghanistan again: <\/strong>The Taliban announced that it completed its Afghanistan takeover, saying it captured the province of Panjshir, Reuters <a href=\"https:\/\/www.reuters.com\/world\/india\/taliban-claim-control-panjshir-evacuation-flights-await-clearance-2021-09-06\/\">reports<\/a>. The National Resistance Front of Afghanistan, which is based in the province, shared a <a href=\"https:\/\/twitter.com\/nrfafg\/status\/1434744032907780102?s=20\">tweet<\/a>denying the Taliban\u2019s claims.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>FOR TOMORROW-<\/strong><\/p>\n<p><strong>Euromoney Conferences will host the <\/strong><strong><a href=\"https:\/\/bit.ly\/3l0GeDU\">GlobalCapital Sustainable and Responsible<\/a><\/strong> <strong><a href=\"https:\/\/bit.ly\/3l0GeDU\">Capital Markets Forum 2021<\/a><\/strong>, which kicks off tomorrow and features Vice Minister of Finance Minister Ahmed Kouchouk. The conference will run until Wednesday.<\/p>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>It\u2019s day two of the <\/strong><strong><a href=\"https:\/\/alolabor.org\/20527\/\">Arab Labor Conference<\/a><\/strong>, which is running through to 12 September at the InterContinental CityStars Hotel in Heliopolis. Government officials, ambassadors, trade union reps and business owners\u2019 association delegates from 21 Arab countries <a href=\"https:\/\/alolabor.org\/21017\/\">are participating in the gathering<\/a>.<\/p>\n<p><strong>It\u2019s also the second day of the <\/strong><strong><a href=\"https:\/\/www.arabsecurityconference.com\/\">Arab Security Conference<\/a><\/strong> at the Nile Ritz-Carlton in Downtown Cairo. The cybersecurity conference will run until tomorrow.<\/p>\n<p>Also taking place this week:<\/p>\n<ul>\n<li><strong>The <\/strong><strong><a href=\"https:\/\/www.egyhealthexpo.com\/\">Egy Health Expo<\/a><\/strong><strong> will take place on Tuesday<\/strong> at the Al Manara International Conference Center.<\/li>\n<li>The International Cooperation Ministry is hosting its inaugural two-day <strong><a href=\"https:\/\/ent.news\/2021\/8\/Press-release_ICF_arabic.pdf\">Egypt-International Cooperation Forum (ICF)<\/a><\/strong><strong> this Wednesday.<\/strong><\/li>\n<\/ul>\n<p>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>Tomorrow will be the warmest day of the week, with highs of 37\u00b0C in the daytime and lows of 24\u00b0C at night. We\u2019re not even sure if there\u2019s anyone left in Sahel, but for those of you still out there, expect the mercury to max out to 31\u00b0C during the day and to drop to 23\u00b0C at night, our favorite weather app tells us.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abou-ghaly-motors\/\">Abou Ghaly Motors<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/adnoc\/\">ADNOC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/afghanistan\/\">Afghanistan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/capmas\/\">CAPMAS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/contact-financial\/\">Contact Financial<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance-ministry\/\">Finance Ministry<\/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\/safe-cities-index\/\">Safe Cities Index<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vaccines\/\">vaccines<\/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=\"557836\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"557836\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/06\/557836\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557836\" class=\"content-area-description single-story post-557836 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<p><strong>Women employees feel their wellbeing is supported in the workplace following the negative impact of covid-19<\/strong>, our survey in association with Bupa indicated. Many women leave the workplace due to issues surrounding their health, but covid-19 has brought women\u2019s health and wellbeing into even sharper focus. While many of our respondents believe their workplaces foster positive environments to support employee wellbeing, many of them agree that there is room for improvement.<\/p>\n<p>While a few of them say that the lines between work and home are blurred, those that strive to prioritize their professional successes admit that many factors continue to impact their mental health with regards to their jobs. Businesses must listen and reshape by making reasonable adjustments that can boost efficiency and satisfaction across their work environments.<\/p>\n<p><strong>Click <\/strong><strong><a href=\"https:\/\/ent.news\/2021\/8\/bupa-infographics-womens-health-mobile-EN-v6-01.png\">here<\/a><\/strong> <strong>to access the survey results<\/strong> and understand how women can bring their best to the workplace.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"557837\" 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 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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-n2c7st0\" data-v=\"4\" data-block-id=\"n2c7st0\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-n2c7st0-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-n2c7st0-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 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<\/div>\n<\/div>\n<\/section>\n<section id=\"557838\" 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=\"557838\">\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\/09\/06\/the-good-the-bad-and-the-ugly-of-todays-global-covid-news\/\">\r\n                            The Good, the Bad, and the Ugly of today\u2019s global covid news                        <\/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 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       \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/06\/the-good-the-bad-and-the-ugly-of-todays-global-covid-news\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557838\" class=\"content-area-description single-story post-557838 post type-post status-publish format-standard hentry category-for-your-commute tag-covid-19 tag-enterprisepm tag-eu tag-for-your-commute tag-startups tag-theranos tag-us tag-vaccines wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>THE GOOD- <\/strong><strong>High-risk patients with covid are less likely to be hospitalized when taking <\/strong><strong>monoclona<\/strong><strong>l antibody treatment, <\/strong>according to the results of recent <a href=\"https:\/\/newsnetwork.mayoclinic.org\/discussion\/monoclonal-antibody-treatment-combo-reduces-hospitalization-among-high-risk-patients-with-covid-19\/\">studies<\/a> by Mayo Clinic. Two monoclonal antibody treatments under Food and Drug Administration emergency use authorization \u2014 casirivimab and imdevimab \u2014 have been proven to reduce the risk of hospitalization by nearly 60-70% when combined according to a study that was conducted on 1.4k patients. Monoclonal antibodies are lab-manufactured proteins similar to those produced by the human body to fight infection. Those hospitalized were also less likely to be administered to the ICU and had a lower mortality rate.<\/p>\n<p><strong>THE BAD- Vaccination rates in the West are slowing to a trickle<\/strong><strong>: <\/strong>Nine months after vaccines were rolled out in the US and Europe, 33 countries in the region have reported a more than 10% increase in infections in the two week case rate incidence, due in part to a relaxed attitude towards covid-19 in younger adults which has slowed vaccination efforts, according to <a href=\"https:\/\/cnb.cx\/3n3hrC5\">CNBC<\/a>. While some 69.2% of adults in the EU and 79.8% of adults in the UK are fully vaccinated, only 6% of people in lower and lower-middle-income countries in the Western Europe, Russia, and the surrounding region have been fully vaccinated.<\/p>\n<p><strong>THE UGLY- Business travel might not make its promised comeback as covid cases begin to increase again, <\/strong>according to the <a href=\"https:\/\/on.wsj.com\/2WXvnmp\">Wall Street Journal<\/a>. Some companies are canceling their employees\u2019 business trips and postponing their plans to return to the office with the spread of the delta variant. Subsequently, airports are seeing a slowdown in bookings with many trips being cancelled. Airports as well as hotels had hoped business travel \u2014 which they heavily depend on \u2014 would resume to its pre-covid levels in the coming months.<\/p>\n<hr class=\"grey-line\">\n<p><strong>A call to ARM: <\/strong>The global semiconductor industry needs to rethink operations in the face of covid-induced disruptions that are likely to continue, Renesas Electronics CEO Hidetoshi Shibata told the <a href=\"https:\/\/www.ft.com\/content\/8f29e581-8d33-4408-b9e8-1e858a0ef126\">Financial Times<\/a>. The auto chip giant\u2019s head criticized how automakers often halt production and institute quarantines each time there is a rise in new cases, but don\u2019t offer a conclusive alternative to how the auto industry should live with covid. The semiconductor supply crunch has not been kind to automakers, with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/244e6eb7-2840-4724-93f3-5234d46336a6\">Volkswagen and Toyota<\/a> among the many who cut production when they couldn\u2019t access the needed parts. The shortage, caused by a spike in demand for electronics during the pandemic-induced lockdowns, could take <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b90ef70b-8994-44d7-9515-1ac613a2eef4\">years to be resolved<\/a>.<\/p>\n<p><strong>The Theranos fiasco is not discouraging investors from blood testing devices, <\/strong>as they pour record sums into the sector, the <a href=\"https:\/\/on.ft.com\/3BM98Pa\">Financial Times<\/a> reports. Three startups have raised more than USD 200 mn over the past year to build blood-testing devices, while companies in the broader equipment diagnostics category raised USD 6.1 bn through the end of August this year. Startups are saying that the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4a9d38fc-e0f3-4559-9c59-06a71c9525c2\">scandal<\/a>surrounding Theranos, whose founder Elizabeth Holmes is currently on trial for fraud for claiming to have built such a device, pushed them to work harder to regain investors\u2019 trust, and resulted in their work being held to a higher critical standard by investors, a fact that ultimately worked to their favour.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eu\/\">EU<\/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\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/theranos\/\">Theranos<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vaccines\/\">vaccines<\/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=\"557839\" 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=\"557839\">\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\/09\/06\/egypt-draws-with-gabon-its-80s-week-on-the-tube-tonight\/\">\r\n                            Egypt draws with Gabon + It\u2019s \u201880s week on the tube tonight                        <\/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\/09\/06\/egypt-draws-with-gabon-its-80s-week-on-the-tube-tonight\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Kubrick directed two other great anti-war movies, Paths of Glory and Dr. Strangelove, but Full Metal Jacket lies on the other end of the spectrum, and is significantly darker than both. Structurally, the film is a two-in-one movie; the first act is an almost perverse coming of age tale following a Vietnam sergeant\u2019s brutal initiation into army life. The second one expands onto the battlefield and hits on the dehumanizing military mindset that turns people into trained killers. You can watch it now on <a href=\"https:\/\/www.osn.com\/en-eg\/watch\/movies\/full-metal-jacket\">OSN on demand<\/a>.<\/p>\n<p>\u26bd <strong>Libya will face off against Angola tomorrow<\/strong> in the world cup qualifiers, after <strong>Egypt secured a last minute draw with Gabon yesterday. <\/strong>Egypt currently leads the group with four points, followed by Libya, Gabon and Angola. Our next match will be with our neighbors to the west on 6 October.<\/p>\n<p>? <strong>OUT AND ABOUT-<\/strong><\/p>\n<p>(all times CLT)<\/p>\n<p><strong>Cairo Jazz Club 610 <\/strong>is hosting <a href=\"https:\/\/www.facebook.com\/events\/273094670998106\/?event_time_id=273094670998106\">Salsa Night with Soul Motion Studio<\/a> with Salsa instructors Rasha Sadek and Salah Eissa at 7pm, while <a href=\"https:\/\/www.facebook.com\/events\/291147862778979\">Clay Lio \/ Hatem Zahran<\/a> will be spinning their decks at the original Cairo Jazz Club at 8pm.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>The GrEEk Campus is hosting a <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/585576319130722\/?event_time_id=585576319130722\">PS5 FIFA Tournament and VR Gaming Experience<\/a><\/strong> for three days in a row from 6pm to 9pm, starting today. First place winner will be rewarded with consoles and game activities sponsored by <a href=\"https:\/\/cairo.3anqod.com\/store\/playstation-4-console\/\">3anqod<\/a> and second place will get a PS5 for 3 days.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Egyptian-Canadian writer Mona Awad releases one of the best books of the <\/strong><strong>summer: <\/strong><a href=\"https:\/\/www.amazon.com\/Alls-Well-Mona-Awad\/dp\/1982169664\">All's Well<\/a> is a novel that follows Miranda Fitch, a character who lost her job, husband, and sobriety after an accident that upended her life and left her with chronic back pain. When she decides to put her life back together, she sets her sights on delivering Shakespeare\u2019s All\u2019s Well That Ends Well at the college where she now teaches, despite obstacles standing in her way, convinced that the play\u2019s success could offer her a vessel for redemption. The tragicomic book is a modern tale of dismissed female pain, and explores the feelings of desperation and obsession that can arise from putting all your eggs in one basket in search of validation.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-salah\/\">Mohamed Salah<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/stanley-kubrick\/\">Stanley Kubrick<\/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=\"557841\" 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=\"557841\">\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\/09\/06\/the-market-on-6-september\/\">\r\n                            The Market on 6 September                        <\/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\/09\/06\/the-market-on-6-september\/\" 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\/09\/06\/the-market-on-6-september\/')\">\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\/09\/06\/the-market-on-6-september\/\">\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=The Market on 6 September&url=https:\/\/enterpriseam.com\/egypt\/2021\/09\/06\/the-market-on-6-september\/\">\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\/09\/06\/the-market-on-6-september\/&title=The Market on 6 September\">\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=The+Market+on+6+September+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F06%2Fthe-market-on-6-september%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\/09\/06\/the-market-on-6-september\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557841\" class=\"content-area-description single-story post-557841 post type-post status-publish format-standard hentry category-go-with-the-flow tag-enterprisepm tag-fawry tag-go-with-the-flow tag-oriental-weavers tag-raya-holding tag-speed-medical wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The EGX30 fell 0.3% at today\u2019s close<\/strong> on turnover of EGP 1.7 bn (11.6% above the 90-day average). Local investors were net sellers. The index is up 2% YTD.<\/p>\n<p><strong>In the green: <\/strong>Fawry (+4.4%), Oriental Weavers (+2.5%) and T M G Holding (+1.2%).<\/p>\n<p><strong>In the red: <\/strong>Speed Medical (-13.5%), Egyptian for Tourism Resorts (-4.9%) and Raya (-4.9%).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fawry\/\">Fawry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/go-with-the-flow\/\">Go with the Flow<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oriental-weavers\/\">Oriental Weavers<\/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\/speed-medical\/\">Speed Medical<\/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=\"557842\" 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\/09\/06\/your-essential-business-calendar-on-6-september-2021-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557842\" class=\"content-area-description single-story post-557842 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>5-12 September (Sunday-Sunday): <a href=\"https:\/\/alolabor.org\/20527\/\">Arab Labor Conference<\/a>, the InterContinental CityStars Hotel, Cairo, Egypt.<\/p>\n<p>5-7 September (Sunday-Tuesday): The <a href=\"https:\/\/www.arabsecurityconference.com\/\">Arab Security Conference<\/a>, The Nile Ritz-Carlton, Cairo, Egypt.<\/p>\n<p>7-8 September (Tuesday-Wednesday): Euromoney Conferences will host <a href=\"https:\/\/bit.ly\/3lpLeUO\">the GlobalCapital Sustainable and Responsible Capital Markets Forum 2021<\/a>, featuring Vice Minister of Finance Minister Ahmed Kouchouk.<\/p>\n<p>8-9 September (Wednesday-Thursday): <a href=\"https:\/\/ent.news\/2021\/8\/Press-release_ICF_arabic.pdf\">Egypt-International Cooperation Forum (ICF)<\/a>, Cairo<\/p>\n<p>7-9 September (Tuesday-Thursday): <a href=\"https:\/\/www.egyhealthexpo.com\/\">Egy Health Expo<\/a>, Al Manara International Conference, Cairo, Egypt.<\/p>\n<p>11-12 September (Saturday-Sunday):<a href=\"https:\/\/10times.com\/icess-egypt\">International Conferences on Economics and Social Sciences<\/a>, Cairo<\/p>\n<p>12 September (Sunday): International schools begin 2021-2022 academic year<\/p>\n<p>12-15 September (Sunday-Wednesday): Sahara Expo: the 33rd International Agricultural Exhibition for Africa and the Middle East.<\/p>\n<p>13-21 September (Monday-Tuesday): <a href=\"https:\/\/www.un.org\/en\/ga\/\">76th session of the general assembly<\/a>, New York<\/p>\n<p>15 September (Wednesday): The <a href=\"https:\/\/bit.ly\/3dp0wnB\">CFO Leadership & Strategy Summit<\/a> is taking place in Egypt.<\/p>\n<p>16 September (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>18 September (Saturday): Expiration of<a href=\"https:\/\/www.rudaw.net\/english\/middleeast\/iraq\/19092020\">United Nations Investigative Team<\/a> to Promote Accountability for Crimes Committed by Daesh\/ISIL<\/p>\n<p>21-22 September (Tuesday-Wednesday): The Federal Reserve meets to review interest rates.<\/p>\n<p>22-25 September (Wednesday-Saturday): <a href=\"https:\/\/www.cityscapeegypt.com\/en\/Home.html\">Cityscape Egypt<\/a>, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>29 September (Wednesday): <a href=\"https:\/\/devopsdays.org\/events\/2021-cairo\/welcome\/\">DevOpsDays Cairo 2021<\/a> is being organized by ITIDA and the Software Engineering Competence Center in cooperation with DXC Technology, IBM Egypt and Orange Labs.<\/p>\n<p>30 September-2 October (Thursday-Saturday): Egypt Projects 2021 expo, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>30 September-8 October (Thursday-Friday): The Cairo International Fair, Cairo International Conference Center, Cairo, Egypt.<\/p>\n<p>30 September: Closing of 2021\u2019s first oil and gas <a href=\"https:\/\/eug.petroleum.gov.eg\/dp\/pages\/common\/BidroundHighlights.jsp\">tender<\/a> in the Gulf of Suez, Western Desert, and the Mediterranean.<\/p>\n<p>October: New legislative session begins \u2014 must be held by the first Thursday of October.<\/p>\n<p>October: Romanian President Klaus Iohannis <a href=\"https:\/\/bit.ly\/3z0gaic\">could visit Egypt<\/a> in mid this month to discuss ways to boost tourism cooperation between the two countries.<\/p>\n<p>1 October (Friday): Businesses importing goods at seaports will need to file shipping documents and cargo data digitally to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9bf7988d-19f6-45a6-ada1-65d7c23ec723\">the Advance Cargo Information (ACI) system<\/a>.<\/p>\n<p>1 October (Friday): Expo 2020 Dubai opens.<\/p>\n<p>1 October (Friday): State-owned companies and government service bodies selling goods and services to customers that <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/178309171006178\">have not yet signed on to the e-invoicing platform<\/a> will suffer a host of penalties, including removal from large taxpayer classification, losing access to government services and business, and losing subsidies.<\/p>\n<p>6 October (Wednesday): Armed Forces Day.<\/p>\n<p>7 October (Thursday): National holiday in observance of Armed Forces Day.<\/p>\n<p>9 October (Saturday): Public schools begin 2021-2022 academic year<\/p>\n<p>11-17 October (Monday-Sunday): <a href=\"https:\/\/www.worldbank.org\/en\/meetings\/splash\/annual\">IMF + World Bank Annual Meetings<\/a>.<\/p>\n<p>12-14 October (Tuesday-Thursday): Mediterranean Offshore Conference, Alexandria, Egypt.<\/p>\n<p>18 October (Monday): Prophet\u2019s Birthday.<\/p>\n<p>21 October (Thursday): National holiday in observance of the Prophet\u2019s Birthday.<\/p>\n<p>24-28 October (Sunday-Thursday) <a href=\"https:\/\/www.cairowaterweek.eg\/\">Cairo Water Week<\/a>, Cairo, Egypt.<\/p>\n<p>27-28 October (Wednesday-Thursday) <a href=\"https:\/\/platforms-root-technologies.com\/icec-2021\/\">Intelligent Cities Exhibition & Conference<\/a>, Royal Maxim Palace Kempinski, Cairo, Egypt.<\/p>\n<p>28 October (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>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>November: The French-Egyptian Business Forum is set to take place in the Suez Canal Economic Zone.<\/p>\n<p>November: Egypt will <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/163314772505618\">host another round of talks<\/a> to reach a potential Egyptian-Eurasian trade agreement, which can significantly contribute to increasing the volume of Egyptian exports to the Russia-led bloc that includes Armenia, Belarus, Kazakhstan and Kyrgyzstan.<\/p>\n<p>1-3 November (Monday-Wednesday): Egypt Energy exhibition on power and renewable energy, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>2-3 November (Tuesday-Wednesday): The Federal Reserve meets to review interest rates.<\/p>\n<p>1-12 November (Monday-Friday): 2021 United Nations Climate Change Conference (COP26), Glasgow, United Kingdom.<\/p>\n<p>16-17 November (Tuesday-Wednesday):<a href=\"https:\/\/africafintechsummit.com\">Africa fintech summit<\/a>, Cairo.<\/p>\n<p>26 November-5 December (Friday-Sunday): <a href=\"https:\/\/www.facebook.com\/CairoFilms\/photos\/a.386668088207064\/1611462495727611\/\">The 43rd Cairo International Film Festival<\/a>.<\/p>\n<p>29 November-2 December (Monday-Thursday): Egypt Defense Expo.<\/p>\n<p>7-8 December (Tuesday-Wednesday): <a href=\"https:\/\/northafricatradefinance.com\/\">North Africa Trade Finance Summit<\/a>.<\/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>16 December (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>14-16 February 2022 (Monday-Wednesday): Egypt Petroleum Show, Egypt International Exhibition Center, New Cairo, Egypt.<\/p>\n<p>1H2022: The World Economic Forum annual meeting, location TBD.<\/p>\n<p>22-24 April 2022:<a href=\"http:\/\/sdg.iisd.org\/events\/2022-spring-meetings-of-the-world-bank-group-and-the-international-monetary-fund\/\">World Bank-IMF spring meeting<\/a>, Washington D.C.<\/p>\n<p>May 2022: Investment in Logistics Conference, Cairo, Egypt<\/p>\n<p>16 June 2022 (Thursday): End of 2021-2022 academic year for public schools<\/p>\n<p>27 June-3 July 2022 (Monday-Sunday): World University Squash Championships, New Giza.<\/p>\n<p><strong>**Note to readers:<\/strong> Some national holidays may appear twice above. Since 2020, Egypt has observed most mid-week holidays on Thursdays regardless of the day on which they fall and may also move those days to Sundays. We distinguish below between the actual holiday and its observance.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":557834,"template":"","categories":[],"tags":[],"class_list":["post-557833","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"3e37550d-0afb-4340-8f33-69584160f928","teaser":"","photo_url":"https:\/\/ent.news\/2021\/9\/453.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Enterprise Egypt attracted second most inbound M&amp;A transactions from Middle East in 1H2021. - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/enterprise-egypt-attracted-second-most-inbound-ma-transactions-from-middle-east-in-1h2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enterprise Egypt attracted second most inbound M&amp;A transactions from Middle East in 1H2021.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/enterprise-egypt-attracted-second-most-inbound-ma-transactions-from-middle-east-in-1h2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T01:50:17+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/453.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/enterprise-egypt-attracted-second-most-inbound-ma-transactions-from-middle-east-in-1h2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/enterprise-egypt-attracted-second-most-inbound-ma-transactions-from-middle-east-in-1h2021\/\",\"name\":\"Enterprise Egypt attracted second most inbound M&A transactions from Middle East in 1H2021. - 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