{"id":564555,"date":"2021-02-14T13:49:03","date_gmt":"2021-02-14T13:49:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=564555"},"modified":"2025-12-16T04:34:59","modified_gmt":"2025-12-16T04:34:59","slug":"enterprise-egypt-skated-past-covid-19-but-now-needs-to-double-down-on-deep-reforms-iif","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/enterprise-egypt-skated-past-covid-19-but-now-needs-to-double-down-on-deep-reforms-iif\/","title":{"rendered":"Enterprise\u00a0Egypt skated past covid-19, but now needs to double down on \u201cdeep\u201d reforms &ndash;IIF"},"content":{"rendered":"<section id=\"564557\" 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=\"564557\">\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\/02\/14\/what-were-tracking-tonight-on-14-february-2021\/\">\r\n                            What we\u2019re tracking tonight on 14 February 2021                        <\/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\/02\/14\/what-were-tracking-tonight-on-14-february-2021\/\" 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\/02\/14\/what-were-tracking-tonight-on-14-february-2021\/')\">\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\/02\/14\/what-were-tracking-tonight-on-14-february-2021\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking tonight on 14 February 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/what-were-tracking-tonight-on-14-february-2021\/\">\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\/02\/14\/what-were-tracking-tonight-on-14-february-2021\/&title=What we\u2019re tracking tonight on 14 February 2021\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+tonight+on+14+February+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F14%2Fwhat-were-tracking-tonight-on-14-february-2021%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\/02\/14\/what-were-tracking-tonight-on-14-february-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-564557\" class=\"content-area-description single-story post-564557 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-apple tag-enterprisepm tag-facebook tag-technology 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>Hello, friends. We hope the day has treated you well <\/strong>\u2014 and that you\u2019ve consumed plenty of chocolate in honour of Valentine\u2019s Day.<\/p>\n<p><strong>THE BIG STORY AT HOME- <\/strong>There are two of them, actually. <strong>Egypt needs to push ahead <\/strong><strong>with \u201cdeep\u201d reforms after skating through covid-19<\/strong> as the only Arab country to post real economic growth, the Institute for International Finance writes in a new report. Meanwhile, <strong>Information Minister Osama Heikal is under fire after being censured<\/strong> by a House committee. We have chapter and verse in this afternoon\u2019s Speed Round, below.<\/p>\n<p><strong>THE BIG STORY ABROAD is unchanged from this morning: Agent Orange <\/strong><strong><a href=\"https:\/\/www.nytimes.com\/2021\/02\/13\/us\/politics\/trump-impeachment.html\">avoided<\/a><\/strong><strong><a href=\"https:\/\/www.nytimes.com\/2021\/02\/13\/us\/politics\/trump-impeachment.html\">conviction<\/a><\/strong><strong> at his second impeachment trial. <\/strong>(Our sleep-deprived brains wrote in EnterpriseAM that he escaped impeachment for the second time, not that he avoided conviction again, prompting a reader to question our general intelligence. We hope he rests soundly tonight knowing that <strong>the guilty among us have been repeatedly flogged <\/strong>with spaghetti for our transgression. The story has been corrected on our website.)<\/p>\n<p><strong>** CATCH UP QUICK- The top stories in this morning\u2019s edition of EnterpriseAM:<\/strong><\/p>\n<ul>\n<li><strong>New daily cases of covid-19 could peak in April<\/strong>, Health Minister Hala Zayed said, suggesting we could be <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1d9e32a5-b53c-433a-b83e-a2e435c6abda\">in or heading toward a third wave<\/a>.<\/li>\n<li><strong>We had a ton of <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7e480cfe-e1ed-45f1-b814-cef1dc4b9d40\">commodities news<\/a><\/strong> just days after JPMorgan suggested that we\u2019re entering <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8c7c9bc9-0634-4c20-8cd9-2750369825fc\">a new super-cycle<\/a> some 12 years after the last one ended.<\/li>\n<li><strong>Green car program incentives<\/strong> in phase one could cost state coffers <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4e815a5c-4e34-41c9-946f-083ee20ddb98\">a bit more than<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4e815a5c-4e34-41c9-946f-083ee20ddb98\">EGP 7 bn<\/a>.<\/li>\n<\/ul>\n<p><strong>YOUR STATUTORILY REQUIRED COVID UPDATE: You can stop washing your [redacted] <\/strong><strong>groceries now before putting them away. <\/strong>Don\u2019t believe us? Read <a href=\"https:\/\/www.theatlantic.com\/ideas\/archive\/2021\/02\/hygiene-theater-still-waste\/617939\/\">Hygiene theater is still a huge waste of time<\/a> in the Atlantic. Then get into the habit of <a href=\"https:\/\/www.cbc.ca\/news\/health\/masks-coronavirus-variants-canada-1.5890893\">wearing two masks<\/a> whenever you leave the house \u2014 a surgical one underneath, then a cloth one on top to hold the bottom mask nice and tight. <a href=\"https:\/\/www.today.com\/health\/dr-fauci-shows-how-wear-2-masks-correctly-today-t208765\">Like Anthony Fauci did on NBC\u2019s Today.<\/a><\/p>\n<p><strong>ALSO- New Zealand\u2019s Auckland has been ordered to impose a three-day lockdown <\/strong><strong>starting today<\/strong> after three covid-19 cases emerged in the country\u2019s largest city, reports <a href=\"https:\/\/www.barrons.com\/news\/new-zealand-orders-largest-city-auckland-into-snap-covid-lockdown-01613287804?tesla=y\">Barrons<\/a>. NZ had previously \u201ccancelled\u201d covid for real.<\/p>\n<p><strong>PSA- <\/strong><strong>No bank in Egypt is going to ring you up and ask you for your personal information<\/strong>, KYC or no KYC. If a bank needs you to update your personal information, you\u2019ll get a call or an SMS asking you to stop into your nearest branch (or call your banker) to do what needs doing. <strong>Nobody legit is going to ask you for your national ID number or anything else<\/strong> after ringing you up and introducing themselves as calling from a bank.<\/p>\n<p><strong>Still not convinced? <\/strong>Hang up on them. Grab your credit card or your bank card. Flip it over and look at the fine print. You should see a telephone number \u2014 call it. Or head to your bank\u2019s website and get your branch\u2019s telephone number (or a call-center number) there.<\/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>? CIRCLE YOUR CALENDAR- Students have until tomorrow to apply for placement at <\/strong><strong>private universities <\/strong>on the Higher Education Ministry\u2019s online application portal. We covered the site in detail and got first impressions of the new mechanism in a three part series on our vertical Blackboard (<a href=\"https:\/\/enterprise.press\/blackboards\/new-private-university-admissions-system-will-likely-work\/\">Part 1<\/a> | <a href=\"https:\/\/enterprise.press\/blackboards\/need-new-private-sector-university-application-system\/\">Part 2<\/a> | <a href=\"https:\/\/enterprise.press\/blackboards\/why-the-new-private-sector-university-application-system-seems-antithetical-to-a-private-sector-university-system\/\">Part 3<\/a>).<\/p>\n<p>? <strong>FOR YOUR COMMUTE-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>SIGN OF THE TIMES- We didn\u2019t set out to get all tech-heavy this afternoon<\/strong> \u2026 it just kinda happened:<\/p>\n<p><strong>For the iSheep, tech and business nerds among us: Go read <\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/news\/features\/2021-02-09\/this-is-how-tim-cook-transformed-apple-aapl-after-steve-jobs?sref=mmeFTDW1\">Apple is the USD 2.3 tn<\/a><\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/news\/features\/2021-02-09\/this-is-how-tim-cook-transformed-apple-aapl-after-steve-jobs?sref=mmeFTDW1\">fortress that Tim Cook built<\/a><\/strong>, a cover story for Bloomberg Businessweek. It\u2019s a solid read about how Cook built Steve Jobs\u2019 baby into the giant it is today. It\u2019s also proving (a little bit) divisive in the community of Apple watchers. Daring Fireball\u2019s inimitable John Gruber recommends the piece, saying it is \u201c<a href=\"https:\/\/daringfireball.net\">very fair and rings true<\/a>,\u201d while <a href=\"https:\/\/twitter.com\/AboveAvalon\">Above Avalon<\/a> analyst <a href=\"https:\/\/twitter.com\/neilcybart\/status\/1359385153450233856?s=20\">Neil Cybart took issue with it on Twitter<\/a>, writing that he \u201cdidn\u2019t find it worth [his] time,\u201d in part because it has \u201cnumerous inaccuracies throughout.\u201d<\/p>\n<p><strong>Speaking of Apple: That grudge match with Facebook? It\u2019s nastier and more personal <\/strong>than previously reported, the <a href=\"https:\/\/www.wsj.com\/articles\/facebook-meets-apple-in-clash-of-the-tech-titanswe-need-to-inflict-pain-11613192406?mod=hp_lead_pos1\">WSJ writes<\/a> in an exclusive that quotes Zuck as saying, <strong>\u201cWe need to inflict pain\u201d on Apple <\/strong>for putting human privacy ahead of Facebook\u2019s business model. On that note, Zuck probably doesn\u2019t want you to read <a href=\"https:\/\/www.wired.com\/story\/why-dont-we-just-ban-targeted-advertising\/\">Why don\u2019t we just ban targeted advertising?<\/a> in Wired magazine. (<a href=\"https:\/\/twitter.com\/benedictevans\/status\/1359862078195044357?s=20\">Benedict Evans has thoughts<\/a> on the Tweeter as to why that might not be practical.)<\/p>\n<p><strong>And on the subject of tech: Your new car may be a bit more expensive than you had <\/strong><strong>planned if you\u2019re in the market these days. <\/strong>Remember that <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6fb1f5f7-f354-42bc-bfd6-6f74002733ab\">chip shortage<\/a> we mentioned on Thursday? Well, it\u2019s going to hit cars, too after major industry players including VW, Ford and Honda \u201c<a href=\"https:\/\/www.wsj.com\/articles\/car-chip-shortage-ford-vw-gm-11613152294\">misjudged supply lines of semiconductors<\/a> that control engines, airbags, touchscreens.\u201d The result: <strong>Lower production and outright assembly stoppages at major automakers<\/strong>. And we all know what happens when there are fewer cars and more demand, right?<\/p>\n<p><strong>Remember the US government\u2019s desire to (<\/strong><strong><a href=\"https:\/\/www.reuters.com\/article\/us-usa-military-ai-idUSKBN29V2M0?taid=6010cf15e8fa030001a3e53f&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter\">explore whether to<\/a><\/strong><strong>) build killer robots<\/strong>, which we picked up last week? Well, the story is the tip of the iceberg. The Pentagon wants <a href=\"https:\/\/www.wsj.com\/articles\/forget-self-driving-carsthe-pentagon-wants-autonomous-ships-choppers-and-jets-11613212200?mod=hp_lead_pos4\">autonomous ships, helicopters and jets<\/a>, imagining a future that includes \u201cpilotless jets engaging in dogfights\u201d and \u201chuge undersea vessels ferrying troops.\u201d Meanwhile, <strong>Boston Dynamics\u2019 \u201cquadruped\u201d now has a commercially viable arm \u2014 as in a limb like we humans have. <\/strong><a href=\"https:\/\/spectrum.ieee.org\/automaton\/robotics\/industrial-robots\/boston-dynamics-spot-robot-arm\">IEEE Spectrum writes<\/a>. The four-legged robot\u2019s arm can grab and pick up things (like laundry), open round door knobs, turn valves, hold on to ropes, drag concrete blocks, flip electrical switches and even dig holes. But Spot\u2019s chief engineer warns: \u201c<strong>Spot is not a cobot. You shouldn\u2019t hug it.<\/strong>\u201d<\/p>\n<p><strong>Not worried yet? <\/strong>For the true math nerds among us: <strong><a href=\"https:\/\/www.vice.com\/en\/article\/xgzkek\/machines-are-inventing-new-math-weve-never-seen\/\">Machines are creating math that we've<\/a><\/strong><strong><a href=\"https:\/\/www.vice.com\/en\/article\/xgzkek\/machines-are-inventing-new-math-weve-never-seen\/\">never seen before<\/a><\/strong>, Vice writes.<\/p>\n<p><strong>How could any of this ever go wrong?<\/strong> Once again, we suggest you take a few hours\u2019 off to read Gregg Hurwitz\u2019s novel <a href=\"https:\/\/www.amazon.com\/Prodigal-Son-Orphan-X-Novel-ebook\/dp\/B087ZXKG72\/\">Prodigal Son<\/a>, which beneath its thriller exterior is a thoughtful exploration about what it means to separate moral responsibility from the use of violence.<\/p>\n<p><strong>Hoping for a more utopian future? <\/strong><strong><a href=\"https:\/\/www.wsj.com\/articles\/the-battery-is-ready-to-power-the-world-11612551578?st=98pklzi5xuuniey&mod=bef13\">The battery is ready to power the world<\/a><\/strong>, the Wall Street Journal writes, claiming that the rechargeable lithium-ion battery is poised to \u201cdisrupt\u201d industries \u2014 and <strong>transform the way the world uses power<\/strong>.<\/p>\n<p><strong>Why should we pay attention? <\/strong>\u201cThe battery boom could erode demand for crude oil and byproducts such as gasoline\u2014as well as for natural gas, which is primarily used in power plants.\u201d Readers will recall we have rather a lot of that natural gas stuff kicking about \u2014 and abundant sunshine powering the world\u2019s largest solar parks down in Benban. <strong>Want to know what the future looks like? <\/strong>This is the story you never knew you needed.<\/p>\n<p>?<strong> OUT AND ABOUT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Happy Valentine\u2019s Day everyone. <\/strong>Whether you\u2019re celebrating with an SO, a friend, a family member, or your pet, we hope it\u2019s a day full of love.<\/p>\n<p><strong>Haven\u2019t made plans yet? We\u2019ve got you: <\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.instagram.com\/p\/CLHNtHNhY-G\/?igshid=fm48m97vlmz2\">Sheraton Cairo<\/a> is offering a Valentine\u2019s Day room and dinner package.<\/li>\n<li><a href=\"https:\/\/www.instagram.com\/p\/CK_kKy_FNml\/?igshid=s291buayrnav\">Kempinski Royal Maxim<\/a> is hosting romantic dinners for two at all their restaurants.<\/li>\n<li><a href=\"https:\/\/www.instagram.com\/p\/CK_hLVpg6Tm\/?igshid=1t3bu1nxcigtx\">Hilton Zamalek<\/a> will offer a four course candlelight dinner overlooking the Nile.<\/li>\n<li><a href=\"https:\/\/www.instagram.com\/p\/CK_zawAsbRe\/?igshid=tnq1dkxabbqu\">JW Marriot\u2019s Mandara Spa<\/a> has a special Valentine\u2019s day massage package.<\/li>\n<\/ul>\n<p><strong>Looking for something a little less\u2026 bouji?<\/strong> The <a href=\"https:\/\/www.cairoopera.org\/schedule.php\">Cairo Opera<\/a> is holding Valentine\u2019s Day concert today at 8pm CLT while <a href=\"https:\/\/www.instagram.com\/p\/CLKSucehLoF\/?igshid=eny83ahrhztm\">Flow Cycle Egypt<\/a> is holding a yoga session entitled \u201cHeart Opening Workshop\u201d tomorrow at 7pm CLT.<\/p>\n<p><strong>Single, but ready to mingle?<\/strong> Urban Crossings is holding a \u201cspeed meeting and slow dining\u201d night for singles today at 7pm CLT. The gathering will be in a cozy \u201cprivate setting\u201d that will only be disclosed to folks who register. You can <a href=\"https:\/\/docs.google.com\/forms\/d\/1sDKxfWC9o1rk6uK75LrrP2yvy935fZRZ8l7GyaFK70M\/viewform?edit_requested=true\">sign up here<\/a>.<\/p>\n<p><strong>More love in the air: The New York Times thinks Dahab is a great place to fall in love<\/strong>, featuring in its <a href=\"https:\/\/www.nytimes.com\/2021\/02\/11\/style\/covid-love-stories.html\">Pandemic Love<\/a> series the story of a couple who met in a taxi cab in the Red Sea destination. They married in December after a romantic proposal in \u2014 you guessed it \u2014 Dahab.<\/p>\n<p><strong>Egypt\u2019s three favourite love songs<\/strong>, according to a statement out by Spotify this afternoon on the tunes most popular among Egyptians creating their own V-Day playlists:<\/p>\n<ul>\n<li>Hussain Aljassmi \u2014 <a href=\"https:\/\/open.spotify.com\/track\/4ZU4yHDLZcMcy8BF6Y89fu\">Bel Bont El3areed<\/a><\/li>\n<li>Sherine \u2014 <a href=\"https:\/\/open.spotify.com\/album\/1aCq7XjXXVc3WxPYYUrbeP?highlight=spotify:track:2QK9spxKFUWe7zeirPHf5O#_=_\">\u062d\u0628\u0647 \u062c\u0646\u0629<\/a><\/li>\n<li>Hassan Shakoush, Omar Kamal \u2014 <a href=\"https:\/\/open.spotify.com\/album\/3P8USZdxovfUjGfiP8mzzv?highlight=spotify:track:2vSLxBSZoK0eha4AuhZlXV\">Mahragan Bent El Geran<\/a><\/li>\n<\/ul>\n<p>^^ Although anything by Hassan Shakoush being called a \u201clove song\u201d calls into question the accuracy of, well, everything?<\/p>\n<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>If you haven\u2019t already, it\u2019s a great time to get caught up on season one of the AppleTV+ <\/strong><strong>drama For All Mankind<\/strong>, which is back for season two on Friday, 19 February, with new episodes following every Friday. Season two takes the space race to the next level with armed soldiers on the moon, nuclear weapons, and Ronald Reagan in the White House. Catch the trailer (<a href=\"https:\/\/www.youtube.com\/watch?v=zzmrmjlESjQ\">watch, runtime: 2:42<\/a>) \u2014 it looks awesome.<\/p>\n<p><strong>Are you an Apple nerd and a space nerd at the same time? <\/strong>Go download the For All Mankind app: Time Capsul\u202ae, which bills itself as \u201ca story between seasons one and two\u201d \u2014 but which is really just a cool use of AR through which you can use iPhone 12 Pro, 12 Pro Max or iPad Pro with a Lidar scanner to explore artifacts from the series\u2019 world. Get a preview here (<a href=\"https:\/\/youtu.be\/C5huwYwuI8A\">watch, runtime: 0:40<\/a>), <a href=\"https:\/\/macdailynews.com\/2021\/02\/11\/for-all-mankind-time-capsule-a-new-augmented-reality-experience-based-on-the-apple-tv-space-drama-is-available-today-in-the-app-store\/\">read more about it here<\/a> or <a href=\"https:\/\/apps.apple.com\/us\/app\/for-all-mankind-time-capsule\/id1541425599\">download the app here<\/a>.<\/p>\n<p><strong>The first season of the French Netflix Original series <\/strong><strong><a href=\"https:\/\/www.netflix.com\/eg-en\/title\/80994082\">Lupin<\/a><\/strong><strong> is worth a watch<\/strong>, with the second season to be out soon. Inspired by gentleman thief and master of disguise Ars\u00e8ne Lupin, the series follows Assane Diop (played by Omar Sy) as he sets out to avenge his father. <strong>Maybe this will sell you on the show: a Sherlock Holmes crossover is being considered<\/strong>, Lupin\u2019s creator <a href=\"https:\/\/www.radiotimes.com\/tv\/drama\/lupin-sherlock-holmes\/\">confirmed last week<\/a>.<\/p>\n<p><strong>The leagues are all going strong today:<\/strong> In the <strong>English Premier League<\/strong>, Southampton and Wolves are finishing up their match as we dispatch this issue, but you can hurry to catch the fixture between West Brom and Manchester United at 4pm CLT. Meanwhile, Arsenal faces off against Leeds at 6:30pm CLT and Everton takes on Fulham at 9pm CLT.<\/p>\n<p><strong>La Liga<\/strong>\u2019s Getafe and Real Sociedad are currently on the field, with their match having started at 3pm CLT. Real Madrid will play Valencia at 5:15pm CLT while Levante and Osasuna take to the field at 7:30pm CLT. Villarreal will face off against Real Betis at 10pm CLT.<\/p>\n<p>Roma and Udinese kicked off the first of five <strong>Serie A<\/strong> matches earlier today. Sampdoria will be playing against Fiorentina and Cagliari plays Atalanta, both at 4pm CLT. Later on in the day, we\u2019ve got Crotone facing off against Sassuolo at 7pm CLT and Inter Milan meeting Lazio at 9:45pm CLT.<\/p>\n<p><strong>? EAT THIS TONIGHT- <\/strong><\/p>\n<p><strong>SAHEL TO CAIRO #2-<\/strong> A growing number of Sahel foot startups are making it big in Cairo. The now-iconic <strong><a href=\"https:\/\/www.instagram.com\/thebrgrtruck\/?hl=en\">BRGR (The Burger Truck)<\/a><\/strong> kicked off the trend after developing a cult following when it first launched in Sahel in 2015. It now has 4 permanent Cairo locations, including Zayed (SODIC West), Six of October (Mall of Arabia Extension), Cairo-Alex Desert Road (New Giza), and New Cairo (The Waterway 2). Feeling indulgent? Try their double cheeseburger J-Bomb with cheese fries. It\u2019s reminiscent of Shake Shack and arguably the best burger in Cairo.<\/p>\n<p><strong>?UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><strong>Microsoft founder and philanthropist Bill Gates is out with a new book on climate <\/strong><strong>change.<\/strong> <a href=\"https:\/\/www.amazon.com\/How-Avoid-Climate-Disaster-Breakthroughs-ebook\/dp\/B07YRY461Y\/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=\">How to Avoid a Climate Disaster: The solutions we have and the breakthroughs we need<\/a> sets out a plan for how the world can get to zero greenhouse gas emissions in time to avoid a climate catastrophe. <a href=\"https:\/\/www.theguardian.com\/books\/2021\/feb\/14\/how-to-avoid-a-climate-disaster-by-bill-gates-the-new-climate-war-by-michael-e-mann-review\">The Guardian<\/a> and <a href=\"https:\/\/www.thetimes.co.uk\/article\/how-to-avoid-a-climate-disaster-by-bill-gates-review-0j7w75jvp\">The Times<\/a> are both out with reviews, and we\u2019re sure more will be quick to follow.<\/p>\n<p><strong>Oddly enough, microchipping us all <\/strong>doesn\u2019t appear to be on his list of solutions\u2026<\/p>\n<p><strong>Wondering what Gates reads in his spare time?<\/strong> <a href=\"https:\/\/www.nytimes.com\/2021\/02\/11\/books\/review\/bill-gates-by-the-book-interview.html\">The New York Times<\/a> asked him for his 2021 book recommendations.<\/p>\n<p><strong>An Arab, Muslim woman versus Trump\u2019s USA: <\/strong><strong><a href=\"https:\/\/www.amazon.com\/Love-Ex-Country-Randa-Jarrar-ebook\/dp\/B08DMVXFLM\">Love is an Ex-Country<\/a><\/strong><strong> is the latest from <\/strong><strong>Randa Jarrar<\/strong>, a Muslim American born of Egyptian and Palestinian parents. The novel is written as a memoir as the performer recalls events that happened on tour. Jarrar\u2019s 2008 book <a href=\"https:\/\/www.amazon.com\/Map-Home-Randa-Jarrar-ebook\/dp\/B009Y3OGEA\/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=\">A Map of Home<\/a> won her the Hopwood Award and an Arab-American Book Award.<\/p>\n<hr class=\"grey-line\">\n<p>? <strong>TOMORROW\u2019S WEATHER- <\/strong>Look for sunny skies and a high of 22\u00b0C before the weather turns cold on Tuesday. <strong>The nadir will be a daytime high of 12\u00b0C on Wednesday<\/strong> with the possibility of a sprinkle. The mercury will stay in the teens through Saturday. The long-range forecast shows next week also looking cold \u2014 think of it as winter\u2019s last gasp after an unseasonably warm season.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/apple\/\">Apple<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/facebook\/\">Facebook<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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                   <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\" 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   \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\">SPEED ROUND: MACRO<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/egypt-skated-past-covid-19-but-now-needs-to-double-down-on-deep-reforms-iif\/\">\r\n                            Egypt skated past covid-19, but now needs to double down on \u201cdeep\u201d reforms \u2013IIF                        <\/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         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          <\/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\/02\/14\/egypt-skated-past-covid-19-but-now-needs-to-double-down-on-deep-reforms-iif\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/446.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"564560\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/egypt-skated-past-covid-19-but-now-needs-to-double-down-on-deep-reforms-iif\/446-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/446.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"446.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/446.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/446.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-564559\" class=\"content-area-description single-story post-564559 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round-macro tag-covid-19 tag-economy tag-enterprisepm tag-institute-of-international-finance tag-speed-round-macro 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-01\"><\/a> <strong>Egypt weathered the worst of the pandemic <\/strong>as the only MENA country to see economic output contract last year, but authorities need to push on with \u201cdeep\u201d structural reforms to keep the momentum going in the long run, the Institute of International Finance said in a report cited by <a href=\"https:\/\/gulfnews.com\/business\/egypt-avoids-recession-despite-covid-impact-on-the-economy-1.77187510\">Gulf News<\/a>. The economy managed to avoid a textbook recession, which is defined as two consecutive quarters of below zero growth, thanks to \u201ctimely and effective public health response, deployment of a comprehensive set of fiscal and monetary measures, and adequate funding from the International Monetary Fund,\u201d the IIF\u2019s MENA chief economist, Garbis Iradian, said.<\/p>\n<p><strong>Sound smart: Should I trust the IIF?<\/strong> They have a good track record of commentary on macro issues, but keep in mind that they are a lobby group for the global finance industry with nearly 450 members across 70 countries. Members include central banks, brokerages, banks, stock exchanges and asset managers<\/p>\n<p><strong>Are any Egyptian institutions members? <\/strong>Yep. Look no further than the Central Bank of Egypt, CIB, NBE, AAIB, Banque Misr, Arab International Bank, Housing and Development Bank and QNB AlAhli. Cairo-headquartered Afreximbank is also a member.<\/p>\n<p><strong>IIF expects Egypt\u2019s economy to grow 2.3% in the state\u2019s current FY2020-2021<\/strong> after having recorded 3.6% in the previous fiscal year. Those figures are more or less in line with most other forecasts \u2014 including by <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ed187a28-0e0c-4ac9-8f2b-4822bfa5c4e1\">economists<\/a>, the government (<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8f51fda6-90fd-4d82-83c1-05f59a067630\">pessimistic range<\/a>), and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d0f0225e-15bb-41ec-b441-e7f0beb52b47\">the IMF<\/a>. Growth could bounce back to pre-pandemic levels in FY2021-2022, EFG Hermes said in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7c737cfe-2547-4339-a414-6adc23aa3fcc\">a recent report<\/a>.<\/p>\n<p><strong>Where we got brownie points: <\/strong>The USD 2.8 bn rapid financing instrument and USD 5.2 bn stand-by facility the government <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e4b88b68-45c9-4f66-bbba-1e8999ee8f3f\">agreed with the IMF<\/a> earlier during the pandemic, as well as a raft of medical, fiscal, and monetary measures that were introduced early on and in quick succession from March. The IIF is also \u201cencouraged by the progress made in digital transformation, which could also improve competitiveness and raise the productivity of labor and capital. The pandemic has accelerated demand for e-commerce,\u201d Iradian said.<\/p>\n<p><strong>Some structural challenges remain untackled:<\/strong> State and military involvement in the economy, regulatory hitches, a lack of competition, and weak governance and institutions could all use some work, says IIF.<\/p>\n<p><strong>What\u2019s the best way forward? <\/strong>Empower the private sector, including by reforming public procurement and getting more done through the private sector.<\/p>\n<p><strong>There are risks Egypt needs to be mindful of: <\/strong>The growth outlook is still exceptionally uncertain as it depends heavily on how the pandemic plays out and how successful the vaccine rollout is both in Egypt and elsewhere, the IIF warns. It\u2019s still unclear if the new covid variants will lead to a strong resurgence in cases worldwide, it added.<\/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\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/institute-of-international-finance\/\">Institute of International Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round-macro\/\">SPEED ROUND: MACRO<\/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=\"564561\" 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=\"564561\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/the-guys-who-brought-you-speed-medical-are-now-getting-into-the-finance-industry\/\">\r\n                            The guys who brought you Speed Medical are now getting into the finance industry                        <\/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\/02\/14\/the-guys-who-brought-you-speed-medical-are-now-getting-into-the-finance-industry\/\" 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\/02\/14\/the-guys-who-brought-you-speed-medical-are-now-getting-into-the-finance-industry\/')\">\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\/02\/14\/the-guys-who-brought-you-speed-medical-are-now-getting-into-the-finance-industry\/\">\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 guys who brought you Speed Medical are now getting into the finance industry&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/the-guys-who-brought-you-speed-medical-are-now-getting-into-the-finance-industry\/\">\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\/02\/14\/the-guys-who-brought-you-speed-medical-are-now-getting-into-the-finance-industry\/&title=The guys who brought you Speed Medical are now getting into the finance industry\">\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+guys+who+brought+you+Speed+Medical+are+now+getting+into+the+finance+industry+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F14%2Fthe-guys-who-brought-you-speed-medical-are-now-getting-into-the-finance-industry%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\/02\/14\/the-guys-who-brought-you-speed-medical-are-now-getting-into-the-finance-industry\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-564561\" class=\"content-area-description single-story post-564561 post type-post status-publish format-standard hentry category-ma-watch tag-al-ahly-pharos tag-enterprisepm tag-ma-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Aton Holding has acquired Pharos Asset Management and its Pharos Fund I private equity back in mid-January<\/strong> for an undisclosed amount, Mostafa Attia, managing director of Pharos Asset Management and a founder at Aton, tells Enterprise. The transaction marks the first for Aton, which plans to raise Pharos Fund I's assets under management (AUM) to EGP 500 mn in one year before hitting EGP 2 bn in 2022. He added that Aton has already added over EGP 100 mn to the asset management firm's portfolio following the acquisition.<\/p>\n<p><strong>Aton appears to have acquired the last business unit that remained in possession of Pharos Holdings<\/strong> following the sale of Pharos Investment Banking and Pharos Securities to National Bank of Egypt-owned Al Ahly Capital back in <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/31\/egypts-ahly-capital-to-fully-acquire-pharos-securities-9411\/\">late 2019<\/a>, Attia tells us.<\/p>\n<p><strong>In the pipeline<\/strong> <strong>for Aton:<\/strong> In the next five years, the company aims to be an integrated investment bank that covers a variety of traditional investment banking services such as asset management, and taking companies public \u2014 particularly on the Nilex.<\/p>\n<p><strong>On the private equity side, <\/strong>the company is also eyeing establishing two private equity funds with a target AUM of EGP 1 bn by 2022. It also wants to raise its stakes in companies operating in the tourism, tech services, and healthcare fields. It also wants to establish a new EGP 20 mn luxury goods import business.<\/p>\n<p><strong>The firm is also seeking an expansion into non-banking financial services<\/strong>, with plans to have a microfinance, and financial leasing arms.<\/p>\n<p><strong>Who is Aton?<\/strong> The management of the firm, <a href=\"https:\/\/stg.fra.gov.eg\/company_records\/%D8%A7%D8%AA%D9%88%D9%86-%D8%A7%D9%84%D9%82%D8%A7%D8%A8%D8%B6%D9%87-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D9%87\/?doing_wp_cron=1613286911.1652059555053710937500\">which was set up four months ago<\/a>, includes Attia, Prime Speed for Medical Services Chairman Tamer Wagih as well as Hisham Ghoneim, a shareholder of Speed Medical, yet the final hierarchy has yet to be established, Attia tells us.<\/p>\n<p><strong>ALSO, IN THE WORLD OF M&As- Sawiris-backed Endeavour Mining has completed the acquisition of Teranga Gold last week<\/strong>, creating one of West Africa\u2019s largest 10 gold producers with an annual output of 1.5 mn ounces, according to <a href=\"https:\/\/www.globenewswire.com\/news-release\/2021\/02\/10\/2173621\/0\/en\/Endeavour-Completes-Teranga-Acquisition-to-Create-New-Senior-Gold-Producer.html\">a company statement<\/a>. The acquisition was completed through a USD 1.86 bn share swap agreement, Endeavor had said <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f083db8c-1fd4-4886-a472-d592cccafea8\">back in November<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/al-ahly-pharos\/\">Al Ahly Pharos<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"564562\" 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=\"564562\">\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\">SPEED ROUND: IPO WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/ebtikar-pushing-forward-with-ipo-of-e-payment-units\/\">\r\n                            Ebtikar pushing forward with IPO of e-payment units                        <\/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\/02\/14\/ebtikar-pushing-forward-with-ipo-of-e-payment-units\/\" 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\/02\/14\/ebtikar-pushing-forward-with-ipo-of-e-payment-units\/')\">\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\/02\/14\/ebtikar-pushing-forward-with-ipo-of-e-payment-units\/\">\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=Ebtikar pushing forward with IPO of e-payment units&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/ebtikar-pushing-forward-with-ipo-of-e-payment-units\/\">\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\/02\/14\/ebtikar-pushing-forward-with-ipo-of-e-payment-units\/&title=Ebtikar pushing forward with IPO of e-payment units\">\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=Ebtikar+pushing+forward+with+IPO+of+e-payment+units+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F14%2Febtikar-pushing-forward-with-ipo-of-e-payment-units%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\/02\/14\/ebtikar-pushing-forward-with-ipo-of-e-payment-units\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/447.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"564563\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/ebtikar-pushing-forward-with-ipo-of-e-payment-units\/447-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/447.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"447.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/447.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/447.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-564562\" class=\"content-area-description single-story post-564562 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round-ipo-watch tag-ebtikar tag-enterprisepm tag-financial-services tag-ipo-watch 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>Ebtikar is on the road to IPO as spin-out begins: <\/strong><a href=\"https:\/\/www.ebtikarfinancial.com\/\">Ebtikar<\/a> has transferred the shares of <a href=\"https:\/\/tamweeleg.com\/\">Tamweel Holding<\/a> to a new parent company as part of a plan to spinoff activities not related to e-payments ahead of an upcoming IPO, Ebtikar owners B Investments and MM Group said in filings to the EGX (<a href=\"https:\/\/ent.news\/2021\/2\/B-Inv.-14-Feb-21.pdf\">here<\/a> and <a href=\"https:\/\/ent.news\/2021\/2\/MM-Group-14-Feb-21.pdf\">here<\/a> \u2014 pdf). Ebtikar, a financial services firm that runs e-payments platforms <a href=\"https:\/\/bee.com.eg\/en\/\">Bee<\/a> and <a href=\"https:\/\/www.e-masary.com\/\">Masary<\/a>, also received regulatory approval to transfer another arm, microfinance provider <a href=\"https:\/\/www.vitasgroup.com\/\">Vitas Egypt<\/a>, to Basata, the holding company it recently <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d0e1e660-085f-4d96-bc99-eb2670afa9e2\">set up<\/a> to separate its non-banking financial services businesses from e-payments.<\/p>\n<p><strong>When will Ebtikar IPO? <\/strong>Look for a transaction some time in 2H2021, B Investments IR Director Omar El Labban told us <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eabded71-9b2e-492f-aef6-60aa567eb8e4\">earlier this month<\/a>. The split comes as Ebtikar is looking to capitalize on growing investor appetite for digital payments companies.<\/p>\n<p><strong>FACT CHECK- Be wary of news that the IPO of Taaleem Management Services could be <\/strong><strong>worth EGP 4.5-5 bn<\/strong> \u2014 a story that was first reported in <a href=\"https:\/\/bit.ly\/2ZgPqK8\">Al Mal<\/a>. A valuation for the transaction has yet to be set, sources close to the transaction tell us. The education outfit, which owns and operates Nahda University, is expected to be the first company to list on the EGX when it goes to market some time in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d960b7cc-4f8e-4111-8b2f-5bac2c4374a6\">1Q2021<\/a>.<\/p>\n<p><em>Corrected on 14 February 2021<\/em><br \/>\nA previous version of this story incorrectly stated that Ebtikar is planning to debut on the EGX in the first half of 2021. The company plans to make the move in 2H2022.<\/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\/ebtikar\/\">Ebtikar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-services\/\">financial services<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"564564\" 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=\"564564\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">SPEED ROUND: LEGISLATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/information-minister-osama-heikal-censured-by-house-committee\/\">\r\n                            Information Minister Osama Heikal censured by House committee                        <\/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\/02\/14\/information-minister-osama-heikal-censured-by-house-committee\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The committee\u2019s report on Heikal also attacked what it perceives as a lack of coordination between the state\u2019s various media regulatory bodies.The <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2fe593b4-71c9-4cc5-a539-f6f6c6d2ebd2\">committee report<\/a> also denounced Heikal\u2019s past comments on the state\u2019s media organizations, which the report says \u201cwere exploited by foreign media.\u201d<\/p>\n<p><strong>What\u2019s next? <\/strong>A House plenary session to discuss the report has been to an unannounced future date at Heikal\u2019s request, <a href=\"https:\/\/bit.ly\/3b74eQW\">Youm7 adds<\/a>.<\/p>\n<p><strong>MEANWHILE- The <\/strong><strong>House of Representatives approved in principle a number of <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e9dc1031-7379-434c-a6db-4090ef958c11\">amendments to the Senate\u2019s bylaws<\/a><\/strong>, reports <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2257100\">Al Masry Al Youm<\/a>. The bylaws require two-thirds of senators to be present for a plenary session to have quorum and will see the Senate hold \u201cspecial sessions\u201d at the request of the president or the prime minister to vote on issues of national interest. The changes would also eliminate the power of the prime minister to convene the Senate for a plenary meeting. The amended bylaws also include articles that exempt senators\u2019 compensation from taxes as well as requiring senators to request approval from the speaker before traveling abroad, writes <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/403970\/Egypt\/Politics-\/Egypt-parliament-to-vote-on-the-Senates-bylaws;-di.aspx\">Ahram Online<\/a>.<\/p>\n<p><strong>The House will reconvene tomorrow to discuss the remainder of the Senate\u2019s bylaws<\/strong>, reports <a href=\"http:\/\/gate.ahram.org.eg\/News\/2607745.aspx\">Ahram Gate<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-media-production-city\/\">Egyptian Media Production City<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/information-ministry\/\">Information Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-watch\/\">Legislation Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/osama-heikal\/\">Osama Heikal<\/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=\"564566\" 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=\"564566\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/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\/02\/14\/whats-a-good-target-price-for-ci-capital-plus-egypt-is-still-overweight-in-efg-hermes-mena-top-20\/\">\r\n                            What\u2019s a good target price for CI Capital? Plus: Egypt is still overweight in EFG Hermes\u2019 MENA Top 20                        <\/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\/02\/14\/whats-a-good-target-price-for-ci-capital-plus-egypt-is-still-overweight-in-efg-hermes-mena-top-20\/\" 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\/02\/14\/whats-a-good-target-price-for-ci-capital-plus-egypt-is-still-overweight-in-efg-hermes-mena-top-20\/')\">\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\/02\/14\/whats-a-good-target-price-for-ci-capital-plus-egypt-is-still-overweight-in-efg-hermes-mena-top-20\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What\u2019s a good target price for CI Capital? Plus: Egypt is still overweight in EFG Hermes\u2019 MENA Top 20&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/whats-a-good-target-price-for-ci-capital-plus-egypt-is-still-overweight-in-efg-hermes-mena-top-20\/\">\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\/02\/14\/whats-a-good-target-price-for-ci-capital-plus-egypt-is-still-overweight-in-efg-hermes-mena-top-20\/&title=What\u2019s a good target price for CI Capital? Plus: Egypt is still overweight in EFG Hermes\u2019 MENA Top 20\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What%E2%80%99s+a+good+target+price+for+CI+Capital%3F+Plus%3A+Egypt+is+still+overweight+in+EFG+Hermes%E2%80%99+MENA+Top+20+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F14%2Fwhats-a-good-target-price-for-ci-capital-plus-egypt-is-still-overweight-in-efg-hermes-mena-top-20%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\/02\/14\/whats-a-good-target-price-for-ci-capital-plus-egypt-is-still-overweight-in-efg-hermes-mena-top-20\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-564566\" class=\"content-area-description single-story post-564566 post type-post status-publish format-standard hentry category-go-with-the-flow tag-banque-misr tag-ci-capital tag-efg-hermes tag-enterprisepm tag-go-with-the-flow tag-ma-watch 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 1.53 bn (6.3% above the 90-day average). Local investors were net buyers. The index is up 6.1% YTD.<\/p>\n<p><strong>In the green: <\/strong>MM Group (+7.4%), Fawry (+2.5%) and CI Capital (+1.1%).<\/p>\n<p><strong>In the red: <\/strong>Eastern Company (-2.8%), GB Auto (-2.8%) and Heliopolis Housing (-2.8%).<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>FROM THE ANALYST\u2019S DESK- CI Capital looks set to grow \u2014 the question is whether <\/strong><strong>you\u2019ll be able to buy into the story for love or money. <\/strong>HC Research sees the investment bank turned NBFS house posting a consolidated net profit CAGR of about 20% through 2025 \u201con NBFS growth and improved stock market activity from last year\u2019s troughs,\u201d supported by monetary easing. HC is leaving in place its \u201coverweight\u201d rating, with analyst <strong>Monette Doss<\/strong> writing in a client note out today that the firm is bumping its 12-month target price for CI by 19% to EGP 5.47 per share. CI shares closed up 1.1% today at EGP 4.59.<\/p>\n<p><strong>Why the question? <\/strong>Readers will recall that Banque Misr is mounting a mandatory tender offer to raise its stake in CI Capital to a commanding 90% \u2014 or just shy of the minimum it needs to maintain an active listing on the EGX. HC thinks the tie-up with Banque Misr, which already owns nearly 25% of CI, would be good for the investment bank, citing \u201csignificant synergies between the two entities, including providing [lower cost] funding to CI Capital\u2019s NBFS operations and benefiting investment banking operation.\u201d Banque Misr said it will settle for a minimum of 51% of CI, but it\u2019s an open question how liquid CI\u2019s shares would be if the state-owned giant leaves just 10% in private hands.<\/p>\n<p><strong>CI Capital has appointed Baker-Tilly WAG to do a fair value report<\/strong> ahead of the MTO, the investment bank said in a <a href=\"https:\/\/ent.news\/2021\/2\/CI-Capital-Baker-Tilly.pdf\">regulatory filing today (pdf<\/a>).<\/p>\n<p><strong>MEANWHILE- EFG Hermes is overweight Egypt in the latest incarnation of its MENA Top <\/strong><strong>20<\/strong>, out to clients this afternoon from <strong>Simon Kitchen<\/strong>. EFG Hermes sees \u201ca reduction in high real rates as a potential catalyst for outperformance.\u201d Egyptian constituents are unchanged: CIB, industrial play EK Holding, real estate outfit Talaat Moustafa and education group CIRA.<\/p>\n<p><strong>EFG\u2019s MENA Top 20 has outperformed<\/strong>, returning 8.6% on a freefloat basis since its last update on 16 December compared to the MENA benchmark\u2019s 3.8%. The firm\u2019s highest-conviction overweight is the UAE, where \u201cvaluations are more attractive than peer markets\u201d and EFG expects strong earnings growth through 2022.<\/p>\n<p><strong>IN OTHER MARKET NEWS- <\/strong>First Abu Dhabi Bank (FAB) has obtained a custody license in Egypt from the Financial Regulatory Authority (FRA), which would allow it to settle transactions and trades with Misr for Central Clearing, Depository and Registry, according to a statement from UAE news agency <a href=\"https:\/\/www.wam.ae\/en\/details\/1395302909959\">WAM<\/a>. The license follows FAB\u2019s announcement of its intention to acquire Bank Audi\u2019s Egyptian operations.<\/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\/banque-misr\/\">Banque Misr<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ci-capital\/\">CI Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/efg-hermes\/\">EFG Hermes<\/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\/ma-watch\/\">M&amp;A Watch<\/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=\"564567\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"564568\" 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=\"564568\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Office life<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/neverending-wfh-leads-to-loneliness-and-less-productivity-among-employees\/\">\r\n                            Neverending WFH leads to loneliness and less productivity among employees                        <\/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\/02\/14\/neverending-wfh-leads-to-loneliness-and-less-productivity-among-employees\/\" 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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While no similar data exists for Egypt, it\u2019s been a frequent topic of conversation in group Whatsapps of late.<\/p>\n<p><strong>Of the employees who reported a feeling of loneliness,<\/strong> <strong>more than one in 10 admitted that <\/strong><strong>the quality of their work was suffering<\/strong> and they were also five times more likely to miss work due to stress. But the impact is also not the same across age groups: <strong>Younger Gen Z respondents seem to be the most affected<\/strong> and were more than twice as likely as Baby Boomers to say they feel abandoned by their coworkers when under pressure at work.<\/p>\n<p><strong>Now, add a drop in WFH productivity to the mix: <\/strong>When the world shifted suddenly to WFH, workplaces saw what is now known as <a href=\"https:\/\/www.forbes.com\/sites\/tracybrower\/2021\/01\/17\/think-productivity-with-work-from-home-is-improving-think-again-heres-what-you-must-know\/?sh=7b0e16e62d67\">panic productivity<\/a>: The initial adrenaline boost that spurred employees to pick up the pace in hopes of staying visible and relevant, out of fear of losing their job. This explains a jump in productivity levels reported in some businesses and a host of think pieces about the benefits of WFH. Many workers are now apparently hitting a wall as panic productivity dissipates with time, giving way to burnout. \u201cIncreased productivity\u201d has come at the cost of more time spent on work, with many producing results during times when they might have been commuting or out of the office.<\/p>\n<p><strong>As a business, what can you do to contain all of this?<\/strong> There\u2019s general consensus that companies should encourage their employees to strike a healthy work-life balance, which has been proven to have positive long-term outcomes on the quality of work. But realistically, what does that mean? Having a culture of open dialogue is important to boost employee\u2019s resilience and that definitely includes a productive way to let employees air out their frustrations. Managers also have a big role to play to enhance teamwork and assign tasks based on who does what best.<\/p>\n<p><strong>If you\u2019re about to dip your toes in a new WFH position, here\u2019s what you should look for: <\/strong>Picture this. You\u2019re in a remote interview, looking presentable from the waist up, but you have no idea how to ask what the company\u2019s WFH culture looks like. It\u2019s not something we had to inquire about in the past. <a href=\"https:\/\/builtin.com\/remote-work\/remote-company-culture\">Builtin<\/a> suggests you ask about how the remote onboarding would look like, how and on what platforms the company communicates, if they have a head of remote or someone else who is in charge of making WFH flow, and finally, how flexible the work hours are.<\/p>\n<p><strong>Just remember to GROW: <\/strong>Cigna <a href=\"https:\/\/www.forbes.com\/sites\/cigna\/2020\/12\/16\/the-future-of-our-workforce-demands-change-combating-loneliness--building-resilience-for-tomorrows-workplace\/?sh=27ec1f8e6b43\">developed<\/a> the G.R.O.W. framework, which includes four strategies for responding to any tough situation with resilience: <strong>G<\/strong>round yourself in the situation; <strong>R<\/strong>ecognize what you can control; <strong>O<\/strong>rganize the resources you need; and <strong>W<\/strong>ork with your community for support. It\u2019s important to stay in the present and avoid stressing about what\u2019s to come, especially with unpredictability being the key theme of the past year \u2014 and the road ahead.<\/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\/office-life\/\">office life<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/work-from-home\/\">Work from home<\/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=\"564570\" 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=\"564570\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">PARTING SHOT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/you-probably-dont-want-_too-much_-freedom-to-wfh\/\">\r\n                            You probably don\u2019t want _too much_ freedom to WFH                        <\/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\/02\/14\/you-probably-dont-want-_too-much_-freedom-to-wfh\/\" 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\/02\/14\/you-probably-dont-want-_too-much_-freedom-to-wfh\/')\">\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\/02\/14\/you-probably-dont-want-_too-much_-freedom-to-wfh\/\">\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=You probably don\u2019t want _too much_ freedom to WFH&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/you-probably-dont-want-_too-much_-freedom-to-wfh\/\">\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\/02\/14\/you-probably-dont-want-_too-much_-freedom-to-wfh\/&title=You probably don\u2019t want _too much_ freedom to WFH\">\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=You+probably+don%E2%80%99t+want+_too+much_+freedom+to+WFH+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F14%2Fyou-probably-dont-want-_too-much_-freedom-to-wfh%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\/02\/14\/you-probably-dont-want-_too-much_-freedom-to-wfh\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-564570\" class=\"content-area-description single-story post-564570 post type-post status-publish format-standard hentry category-parting-shot tag-enterprisepm tag-parting-shot tag-work-from-home wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>And speaking of working from home \u2014 do you dream of Utopia where the coronavirus is <\/strong><strong>a thing of the past, but you still have lots of flexibility to WFH <\/strong>when you want or need to? Or of saving on office rent because you allow (or force) staff to work from home a day or two a week?<\/p>\n<p><strong>God knows there\u2019s an upside: <\/strong><strong>\u201cWorkers think being able to work from home two or three <\/strong><strong>days <\/strong><strong>a week is as valuable as a pay rise of about 8%,\u201d<\/strong> Pilita Clark writes in her latest column for the Financial Times.<\/p>\n<p><strong>But there\u2019s also a catch: \u201c<\/strong><strong>Mixed mode is a complete horror\u201d <\/strong>\u2014 a toxic stew of communications problems, missed opportunties and discrimination against remote workers.<\/p>\n<p><strong>The antidote: Strict rules on when you can and can\u2019t work from the office. <\/strong>Read more in <a href=\"https:\/\/www.ft.com\/content\/da683644-5de3-4ef6-852c-1f714ffdb2b7\">The ticking time bomb inside the new world of work.<\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/parting-shot\/\">PARTING SHOT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/work-from-home\/\">Work from home<\/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=\"564571\" 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\/02\/14\/your-essential-business-calendar-on-14-february-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-564571\" class=\"content-area-description single-story post-564571 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>February: France\u2019s finance minister, Bruno Le Maire, is set to visit Egypt.<\/p>\n<p>6-27 February (Saturday-Saturday): Mid-year school break (public schools \u2014 enjoy the break from bumper-to-bumper traffic).<\/p>\n<p>7-28 February (Sunday-Sunday): The Finance Ministry will receive applications from companies wishing to take part in the second phase of its program for the immediate payout of export subsidy arrears to exporters, minus a 15% fee.<\/p>\n<p>12-15 February (Friday-Monday): Students will be able to apply for placement at private universities on the Higher Education Ministry\u2019s electronic university admissions site<\/p>\n<p>17 February (Wednesday): MENA x CEO MENA Entrepreneurship & VC Panel: <a href=\"https:\/\/groups.gsb.columbia.edu\/CEO\/rsvp_boot?id=7449\">Investor Perspectives from New York to North Africa<\/a> will be hosted by the Columbia Entrepreneurs Organization.<\/p>\n<p>20 February (Saturday): Final results of applications for private university places will be announced on the Higher Education Ministry\u2019s electronic university admissions site<\/p>\n<p>22-24 February (Monday-Wednesday): <a href=\"https:\/\/arabstates.gltn.net\/second-arab-land-conference\/\">Second Arab Land Conference<\/a> on land management, efficient land use, among other topics.<\/p>\n<p>22 February- 5 March (Monday-Friday) Egypt will host the World Shooting Championship in 6 October\u2019s Shooting Club, with 31 countries set to participate<\/p>\n<p>26 February (Thursday): The <a href=\"http:\/\/afrofuturesummit.com\/\">Afro Future Summit<\/a> will take place virtually.<\/p>\n<p>28 February (Sunday) <a href=\"https:\/\/bit.ly\/3r7mvE7\">Deadline<\/a> for businesses, sole traders, and those generating income from sources other than their day job to file wage tax returns through the electronic filing system.<\/p>\n<p>March: Potential visit to Cairo by Russian President Vladimir Putin.<\/p>\n<p>1 March: Eastern Mediterranean Gas Forum comes into effect.<\/p>\n<p>1-5 March (Monday-Friday): <a href=\"https:\/\/www.aswanforum.org\/\">Aswan Forum for Peace and Development<\/a> will take place virtually.<\/p>\n<p>4-6 March (Thursday-Saturday): <a href=\"https:\/\/www.cairofashiontex.com\/\">Cairo Fashion & Tex<\/a> trade show, Cairo International Convention Centre, Cairo, Egypt<\/p>\n<p>8 March (Monday): The <a href=\"https:\/\/www.idc.com\/mea\/events\/67992-idc-future-of-work#category_10\">IDC Future of Work Egypt<\/a> conference will be held virtually featuring experts from Egypt and Jordan.<\/p>\n<p>9-11 March (Tuesday-Thursday): EduGate 2021 \u2013 Enter The Future conference, Kempinski Royal Maxim Hotel, Cairo, Egypt.<\/p>\n<p>18 March (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>1-3 April (Thursday-Saturday): <a href=\"http:\/\/hvacregypt.com\/\">HVAC-R Egypt Expo<\/a>.<\/p>\n<p>8-10 April (Thursday-Saturday): The TriFactory\u2019s Endurance Festival at Somabay.<\/p>\n<p>13 April (Monday): First day of Ramadan (TBC).<\/p>\n<p>25 April (Sunday): Sinai Liberation Day.<\/p>\n<p>29 April (Thursday): National holiday in observance of Sinai Liberation Day (TBC),<\/p>\n<p>29 April (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>1 May (Saturday): Labor Day (national holiday).<\/p>\n<p>2 May (Sunday): Easter Sunday.<\/p>\n<p>3 May (Monday): Sham El Nessim.<\/p>\n<p>13-15 May (Thursday-Saturday): Eid El Fitr (TBC).<\/p>\n<p>25-28 May (Tuesday-Friday): The World Economic Forum annual meeting, Singapore.<\/p>\n<p>1 June (Tuesday): The IMF will conduct a second review of targets set under the USD 5.2 bn standby loan approved in June 2020 (proposed date).<\/p>\n<p>7 June-9 June (Monday-Wednesday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, New Cairo, Egypt.<\/p>\n<p>17 June (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>24 June (Thursday): End of the 2020-2021 academic year (public schools).<\/p>\n<p>26-29 June (Saturday-Tuesday): <a href=\"https:\/\/www.thebig5constructegypt.com\/?utm_source=Adestra&utm_medium=email&CID=003D000002UIHn4IAH&utm_campaign=Egyp%5Bt%20postponement%20generic%20exp%20visp&utm_term&utm_content=7014G000001cG3zQAE&CNAME=Enterprise\">The Big 5 Construct Egypt<\/a>, Cairo International Convention Center, Cairo, Egypt.<\/p>\n<p>30 June (Wednesday): 30 June Revolution Day.<\/p>\n<p>1 July: (Thursday): National holiday in observance of 30 June Revolution.<\/p>\n<p>30 June- 15 July: National Book Fair.<\/p>\n<p>1 July (Thursday): Large taxpayers that have not yet signed on on to the e-invoicing platform <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/61c78b1b-ec60-46e8-9760-c995c81f34b9\">will suffer a host of penalties<\/a>, including removal from large taxpayer classification, losing access to government services and business, and losing subsidies.<\/p>\n<p>19 July (Monday): Arafat Day (national holiday).<\/p>\n<p>20-23 July (Tuesday-Friday): Eid Al Adha (national holiday)<\/p>\n<p>23 July (Friday): Revolution Day (national holiday).<\/p>\n<p>5 August (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>9 August (Monday): Islamic New Year.<\/p>\n<p>12 August (Thursday): National holiday in observance of the Islamic New Year.<\/p>\n<p>16 September (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>30 September-2 October (Thursday-Saturday): <a href=\"https:\/\/www.egypt-projects.com\/\">Egypt Projects 2021<\/a> expo, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>1 October (Friday): <a href=\"https:\/\/www.expo2020dubai.com\">Expo 2020 Dubai<\/a> opens.<\/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>18 October (Monday): Prophet\u2019s Birthday.<\/p>\n<p>21 October (Thursday): National holiday in observance of the Prophet\u2019s Birthday.<\/p>\n<p>28 October (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>1-12 November (Monday-Friday): <a href=\"https:\/\/ukcop26.org\/\">2021 United Nations Climate Change Conference<\/a> (COP26), Glasgow, United Kingdom.<\/p>\n<p>13-17 December: <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/396604\/Egypt\/Politics-\/Egypt-to-host-UN-anticorruption-conference-in-.aspx\">United Nations Convention against Corruption<\/a>, Sharm El Sheikh, Egypt.<\/p>\n<p>16 December (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>27 June - 3 July 2022 (Monday-Sunday): <a href=\"https:\/\/www.insidethegames.biz\/articles\/1103867\/fisu-world-university-squash-new-giza\">World University Squash Championships<\/a>, 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":564556,"template":"","categories":[],"tags":[],"class_list":["post-564555","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2fe38212-b89e-4e81-aac0-8c1e96d5f2ac","teaser":"","photo_url":"https:\/\/ent.news\/2021\/2\/445.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\u00a0Egypt skated past covid-19, but now needs to double down on \u201cdeep\u201d reforms &ndash;IIF - 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-skated-past-covid-19-but-now-needs-to-double-down-on-deep-reforms-iif\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enterprise\u00a0Egypt skated past covid-19, but now needs to double down on \u201cdeep\u201d reforms &ndash;IIF\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/enterprise-egypt-skated-past-covid-19-but-now-needs-to-double-down-on-deep-reforms-iif\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T04:34:59+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/445.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-skated-past-covid-19-but-now-needs-to-double-down-on-deep-reforms-iif\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/enterprise-egypt-skated-past-covid-19-but-now-needs-to-double-down-on-deep-reforms-iif\/\",\"name\":\"Enterprise\u00a0Egypt skated past covid-19, but now needs to double down on \u201cdeep\u201d reforms &ndash;IIF - 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