{"id":566121,"date":"2021-05-30T13:52:27","date_gmt":"2021-05-30T13:52:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=566121"},"modified":"2025-12-16T05:16:33","modified_gmt":"2025-12-16T05:16:33","slug":"iron-and-steel-mining-and-quarries-makes-egx-debut","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/","title":{"rendered":"Iron and Steel Mining and Quarries makes EGX debut"},"content":{"rendered":"<section id=\"566123\" 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=\"566123\">\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\/05\/30\/tonight-waiting-for-news-on-everything-from-an-ever-given-settlement-to-covid-19-restrictions-gabi-ashkenazis-visit-to-cairo\/\">\r\n                            TONIGHT- Waiting for news on everything from an Ever Given settlement to covid-19 restrictions Gabi Ashkenazi\u2019s visit to Cairo                        <\/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\/05\/30\/tonight-waiting-for-news-on-everything-from-an-ever-given-settlement-to-covid-19-restrictions-gabi-ashkenazis-visit-to-cairo\/\" 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\/05\/30\/tonight-waiting-for-news-on-everything-from-an-ever-given-settlement-to-covid-19-restrictions-gabi-ashkenazis-visit-to-cairo\/')\">\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\/05\/30\/tonight-waiting-for-news-on-everything-from-an-ever-given-settlement-to-covid-19-restrictions-gabi-ashkenazis-visit-to-cairo\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=TONIGHT- Waiting for news on everything from an Ever Given settlement to covid-19 restrictions Gabi Ashkenazi\u2019s visit to Cairo&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/tonight-waiting-for-news-on-everything-from-an-ever-given-settlement-to-covid-19-restrictions-gabi-ashkenazis-visit-to-cairo\/\">\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\/05\/30\/tonight-waiting-for-news-on-everything-from-an-ever-given-settlement-to-covid-19-restrictions-gabi-ashkenazis-visit-to-cairo\/&title=TONIGHT- Waiting for news on everything from an Ever Given settlement to covid-19 restrictions Gabi Ashkenazi\u2019s visit to Cairo\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=TONIGHT-+Waiting+for+news+on+everything+from+an+Ever+Given+settlement+to+covid-19+restrictions+Gabi+Ashkenazi%E2%80%99s+visit+to+Cairo+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F30%2Ftonight-waiting-for-news-on-everything-from-an-ever-given-settlement-to-covid-19-restrictions-gabi-ashkenazis-visit-to-cairo%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\/05\/30\/tonight-waiting-for-news-on-everything-from-an-ever-given-settlement-to-covid-19-restrictions-gabi-ashkenazis-visit-to-cairo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-566123\" class=\"content-area-description single-story post-566123 post type-post status-publish format-standard hentry category-what-were-tracking-tonight tag-benjamin-netanyahu tag-diplomacy tag-enterprisepm tag-ever-given tag-israel-palestine-conflict tag-sameh-shoukry tag-suez-canal 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>It\u2019s one of those \u201churry up and wait\u201d afternoons<\/strong>, with no single story dominating the news agenda as we wait to see what\u2019s going on with everything from the Ever Given to Egypt\u2019s push to turn a ceasefire in Gaza into a longer-term peace agreement.<\/p>\n<p><a id=\"tldr-story-06\" class=\"content-anchor\"><\/a> <strong>HAPPENING NOW- The Suez Canal Authority has just started a presser<\/strong> at which it said it will answer questions about its quest to force the owners of the MV Ever Given to pay up for having blocked the Suez Canal for nearly a week. The meeting with reporters comes one day after lawyers for the SCA and the Ever Given\u2019s owners together asked Ismailia Economic Court to postpone until late June a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0febcf1b-ab90-4222-9013-a28a224d6af5\">ruling in a related case<\/a> over the size of Egypt\u2019s compensation demand.<\/p>\n<p><strong>We\u2019re reading the tea leaves as suggesting a settlement is in the works<\/strong> as the SCA has so far said that there are \u201csigns\u201d a resolution could soon be reached as the vessels\u2019s owners have been negotiating \u201cin good faith.\u201d Not coincidentally, the SCA also reminded reporters that Egypt\u2019s case for compensation is \u201cstrong.\u201d<\/p>\n<p><strong>WE\u2019RE ALSO STILL WAITING ON the government\u2019s covid-19 committee to announce <\/strong><strong>whether they\u2019re <\/strong><strong><a href=\"https:\/\/bit.ly\/3wIYGFr\">extending restrictions<\/a><\/strong> or reverting back to normal summer retail hours. The committee had extended until the end of May restrictions originally imposed for two weeks on 6 May, which mandated <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a7cb40a2-315a-482b-a56e-9a95c6788e1a\">a 9 pm closing time<\/a> for shops, restaurants and malls. Public parks and beaches were also ordered closed during the Eid break in an attempt to curb the rise in covid-19 cases. The committee is set to make an announcement on the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f2163464-a9ac-4917-886b-6946be359b18\">possible extension<\/a> today.<\/p>\n<p><strong>MEANWHILE- <\/strong><strong>Foreign Minister Sameh Shoukry is <\/strong><strong><a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/5694091413996091\">in a meeting<\/a><\/strong><strong> with his Israeli counterpart, Gabi <\/strong><strong>Ashkenazi<\/strong><strong>, <\/strong>who arrived in Cairo this morning. The two are set to discuss a permanent truce between Israel and Hamas in the first visit to Cairo by an Israeli FM in 13 years, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-30\/israeli-egyptian-officials-will-discuss-gaza-army-radio-says?sref=mmeFTDW1\">Bloomberg<\/a> reported. They\u2019re meeting here at the same time as intelligence chief Abbas Kamel is <a href=\"https:\/\/al-ain.com\/article\/1622363105\">in Tel Aviv<\/a> for parallel talks with Israeli PM Benjamin Netanyahu and his national security adviser Meir Ben Shabbat as Egypt serves as go-between in talks between Hamas and the Israeli government. Kamel will then make his way to Ramallah, heading an Egyptian delegation to meet with Palestinian Authority President Mahmoud Abbas. <strong>Egyptian officials <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c8da42f7-6ea4-480c-8574-06daf1f4271d\">are leading the drive<\/a><\/strong><strong> to convert a ceasefire into a longer-term agreement<\/strong> that includes the reconstruction of Gaza, a resumption of peace talks between Israel and Palestine, and a prisoner swap.<\/p>\n<p><strong>Too soon to say bye bye to Bibi? <\/strong>Benjamin Netanyahu could soon be removed from office after a 12-year run as Israeli PM, with sources saying opposition leader Yair Lapid is close to forming a coalition government by the deadline next Wednesday, <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/end-netanyahu-era-could-be-cards-israeli-political-drama-2021-05-30\/\">Reuters<\/a>reports. Lapid is said to be forming a coalition with right-wing party leader Naftali Bennett, but the minority government would be fragile. To succeed, it would still need outside support from Arab members of the Knesset, whose political stance differs dramatically from Bennett\u2019s. If Lapid fails to form a government by Wednesday, Israel could hold yet another round of elections \u2014 its fifth since April 2019.<\/p>\n<p><strong>The United Media Services Company (UMS) has inked a memorandum of <\/strong><strong>understanding <\/strong><strong>with MBC Group <\/strong>that will see the two co-produce scripted dramas, according to <a href=\"https:\/\/bit.ly\/3uA9R1J\">Youm7<\/a>. Under the agreement, MBC will also obtain distribution rights for UMS productions. UMS has also signed an MoU with Saudi\u2019s <a href=\"https:\/\/www.linkedin.com\/company\/alarabia\/about\/\">Al Arabia Outdoor Advertising<\/a> to work together on outdoor ads. This comes one day after UMS <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b6479909-3227-4b09-b323-f50021ec4c33\">shuffled its board<\/a>of directors, naming veteran banker Hassan Abdalla as chairman, and announced plans to sell a 20-30% stake on the EGX by 2024. UMS\u2019 holdings range from public relations outfit POD to ad industry staple Synergy as well as newspapers Youm7 and Al Watan and broadcasters On, ExtraNews, CBC, MegaFM and Nagham FM, <a href=\"https:\/\/podegypt.com\/united-media-services\/\">among others<\/a>.<\/p>\n<p><strong>SUPERCYCLE WATCH- <\/strong><strong>Subsidized seed oils will be 23.5% more expensive starting <\/strong><strong>Tuesday <\/strong>after the Supply Ministry said this morning it would raise the price per liter to EGP 21 <a href=\"https:\/\/bit.ly\/3gbfPRN\">from EGP 17<\/a>. The move comes on the back of a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2fb13174-3377-49ef-8300-480e0abee206\">global commodities rally<\/a>, minister Aly El Moselhy said in <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/145080580995704\">a statement<\/a>. The ministry will review the price of subsidized one-liter bottles of blended soybean and sunflower oil on a quarterly basis. Data from GASC, the state\u2019s commodities buyer, which helps the country import 95% of its edible oil needs, shows that Egypt currently has a strategic reserves sufficient to cover five months of consumption, the minister said.<\/p>\n<p><strong>** CATCH UP QUICK on the top stories from today\u2019s EnterpriseAM:<\/strong><\/p>\n<ul>\n<li><strong>Misr Life <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b6479909-3227-4b09-b323-f50021ec4c33\">will debut<\/a><\/strong><strong> 25% stake <\/strong><strong>on EGX<\/strong><strong> in late 2021 \/ early 2022. <\/strong>Look for parent company Misr Insr. Holding to choose an external financial advisor for the transaction in June.<\/li>\n<li><strong>Hotel occupancy rates declined in 1Q2021 <\/strong>thanks to a high base effect. Rates in Sharm El Sheikh <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f90d4f0d-ee8e-486b-9444-5d83e83129c2\">fell 33% y-o-y<\/a> while Hurghada saw a 26% drop and Cairo 22%, but a bounceback is expected for the rest of the year. 1Q2020 figures included two full months of normal activity in the tourism industry before the bottom dropped out of the global market in March.<\/li>\n<li><strong>Bechtel could help fund Cairo Metro Line 6 with USD 2 bn loan: <\/strong>The loan would <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/986a49b4-605b-4c5b-b3c7-b6f1fdc22fd2\">finance nearly half<\/a> of the new metro line\u2019s construction, and the company should hand its financial proposal to authorities by early July.<\/li>\n<\/ul>\n<p><strong>THE BIG STORY ABROAD on this first business day of the week<\/strong> is \u2026 nada. Zilch. Nothing. Crickets. All thanks to Memorial Day weekend in the United States and the spring bank holiday in the United Kingdom.<\/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-<\/strong><\/p>\n<p><strong>OPEC+ will likely decide to continue oil output hikes when it holds its monthly meeting <\/strong><strong>on <\/strong><strong>Tuesday<\/strong>, especially as other producers have been increasing supply at a slower pace than the coalition had penciled in, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-30\/this-time-is-different-outside-opec-oil-growth-stalls?sref=mmeFTDW1\">Bloomberg<\/a> reports. Oil companies for once have not rushed to increase output to capitalise on Brent crude price highs of USD 70, in part due to pressure on drilling companies over climate change. Though non-OPEC countries are expected to increase production by some 620 barrels per day, the increase in supply \u201ccomes nowhere close to matching\u201d the expected spike in demand as industries the world over recover from the covid slump, according to the International Energy Agency.<\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/www.gymnastics.sport\/site\/events\/detail.php?id=16598#loaded\">FIG World Challenge Cup<\/a><\/strong><strong> in Artistic Gymnastics<\/strong> for men and women will take place in Egypt on 3-6 June.<\/p>\n<p>? <strong>FOR YOUR COMMUTE-<\/strong><\/p>\n<p><a id=\"tldr-story-05\" class=\"content-anchor\"><\/a> <strong>Tired of corporate life and thinking about binning it all to start your own company? <\/strong>Go read Justin Kan\u2019s epic Twitter thread first. Kan sold Twitch, his first startup, to Amazon in a transaction that valued every gamer\u2019s favourite streaming platform at <a href=\"https:\/\/www.businessinsider.com\/twitch-ceo-heres-why-we-sold-to-amazon-for-970-million-2014-8\">nearly USD 1 bn<\/a>. Then he started a legaltech venture called Atrium to \u201cscratch his own itch.\u201d It burned through USD 75 mn in three years before shutting down in March 2020 and throwing 100 people out of work. Read this thread about <strong><a href=\"https:\/\/twitter.com\/justinkan\/status\/1397730747398557696?s=12\">why it did not end well<\/a><\/strong> and the lessons he learned along the way.<\/p>\n<p><strong>Wait \u2014 you mean we can\u2019t just go back to the way it was before? <\/strong>The never-ending conversation about the future of the workplace drags on. The latest installments worth reading: Wired thinks workers are \u201c<a href=\"https:\/\/www.fastcompany.com\/90639348\/why-workers-are-calling-bs-on-leaders-about-returning-to-the-office\">calling BS on leaders about returning to the office<\/a>,\u201d saying they are \u201cfeeling burned over broken work-from-home promises and <strong>corporate culture \u2018BS.\u2019<\/strong>\u201d The <a href=\"https:\/\/www.wsj.com\/articles\/if-you-thought-working-from-home-was-messy-here-comes-hybrid-work-11621935000\">Wall Street Journal<\/a>, meanwhile, takes a more pragmatic look at things, writing that CEOs are trying to balance \u201c<strong>mandatory Mondays and Fridays<\/strong> and unused desks and crowded conference rooms\u201d as they plot a return to corporate \u2026 normalcy.<\/p>\n<p><strong>Want more? <\/strong>Today\u2019s Office Life is all about how CEOs think they made WFH \u2026 work.<\/p>\n<p><strong>How bad is our collective ennui? <\/strong><strong><a href=\"https:\/\/www.vox.com\/the-goods\/2021\/5\/25\/22451987\/influencer-burnout-tiktok-clubhouse\">Even the influencers are burnt out<\/a><\/strong>, Vox tells us.<\/p>\n<p><strong>For our fellow iSheep and lovers of iPads Pro: <\/strong><a href=\"https:\/\/developer.apple.com\/wwdc21\/\">WWDC<\/a> is just a little more than a week out. If you\u2019re a Mac user but wish you could do (lots, lots) more on your iPad, you\u2019ll be joining us in paying close attention to what\u2019s announced for iPadOS 15. The hardware is awesome, but the operating system is still holding it back. While you wait, check out Jason Snell\u2019s review of the 2021 iPad Pro (<a href=\"https:\/\/sixcolors.com\/post\/2021\/05\/2021-ipad-pro-review\/\">All systems go, but where?<\/a>) and then go read his very well considered <a href=\"https:\/\/sixcolors.com\/member\/2021\/05\/ipados-approaches-the-edge-of-desktop-computing\/\">iPadOS approaches the edge of desktop computing<\/a>. <strong>His takeaway: <\/strong>Watch closely for signs of how Apple will address pain points on iPadOS without turning the iPad into a touch-screen Mac. <a href=\"https:\/\/www.apple.com\/apple-events\/\">Tap or click here<\/a> to watch the keynote on Monday, 7 June.<\/p>\n<p><strong>Still hungering for more Friends after watching the reunion special on OSN over the <\/strong><strong>weekend? <\/strong>Hollywood Reporter has got you covered with content that includes <a href=\"https:\/\/www.hollywoodreporter.com\/tv\/tv-features\/friends-reunion-cast-reveals-creators-interview-1234959624\/\">an interview with the show\u2019s creators<\/a> and with the <a href=\"https:\/\/www.hollywoodreporter.com\/tv\/tv-features\/friends-reunion-director-ben-winston-reveals-unseen-details-1234960702\/\">director of the reunion show<\/a>.<\/p>\n<p><strong>America is, by all appearances, tiptoeing into a \u201cnew political era,\u201d <\/strong>writes the New Yorker, and the question is whether the neoliberal world order is going to be swept away by the fascist right or by progressive populism. No matter where you stand on America, wokeism or political change, <a href=\"https:\/\/www.newyorker.com\/magazine\/2021\/05\/31\/are-we-entering-a-new-political-era\">this week\u2019s American Chronicles is worth a read<\/a>.<\/p>\n<p><strong>Also in the New Yorker: First it was <\/strong><strong><a href=\"https:\/\/www.newyorker.com\/magazine\/2018\/11\/19\/the-mystery-of-the-havana-syndrome\">spooks and dips in Havana<\/a><\/strong><strong>. Now, the magazine <\/strong><strong>writes, it has spread to the White House<\/strong>, with more than 130 cases worldwide. What is it, exactly? \u201cA senior official on the National Security Council sat at his desk \u2026 on the White House grounds. \u2026 At the end of the day, he left the building and headed toward his car, which was parked a few hundred yards away, along the Ellipse, between the White House and the Washington Monument. <strong>As he walked, he began to hear a ringing in his ears. His body went numb<\/strong>, and he had trouble controlling the movement of his legs and his fingers. Trying to speak to a passerby, <strong>he had difficulty forming words<\/strong>. \u2018It came on very suddenly,\u2019 the official recalled later, while describing the experience to a colleague. \u2018In a matter of about seven minutes, I went from feeling completely fine to thinking, Oh, something\u2019s not right, to being very, very worried and actually thinking I was going to die.\u2019\u201d <strong>Go read: <\/strong><strong><a href=\"https:\/\/www.newyorker.com\/magazine\/2021\/05\/31\/are-us-officials-under-silent-attack\">Are US officials under silent attack?<\/a><\/strong><\/p>\n<p><strong>Ah, the perils of celebrity endorsements. <\/strong>The most recent to learn the lesson that a celebrity may not be a paragon of ethics? <a href=\"https:\/\/www.wsj.com\/articles\/nike-split-with-neymar-amid-sexual-assault-probe-11622159616\">That would be Nike, which has split with footballer Neymar Jr.<\/a> after a [redacted]-assault probe.<\/p>\n<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.netflix.com\/eg-en\/title\/81345769\">Money, Explained<\/a><\/strong><strong> is a must-see for all finance geeks: <\/strong>The five-episode series from Netflix and <a href=\"https:\/\/twitter.com\/voxdotcom\/status\/1392148745110831104\">Vox<\/a> tackles a bunch of very cool topics that, if put in a sentence here, will see the algorithms send us to bad folders for a few days. So maybe go check out the trailer (<a href=\"https:\/\/www.youtube.com\/watch?v=lJHu-KCY9Fc\">watch, runtime: 01:23<\/a>) or just trust us that each 22-ish-minute episode is a great overview of some really interesting ideas.<\/p>\n<p>\u26bd <strong>El Zamalek play El Gouna tonight at 9pm in the Egyptian Premier League. <\/strong>You can also check out the earlier 5pm games featuring a match between Semouha and Al Mokawloon and another between Enppi and El Entag El Harby.<\/p>\n<p><strong>?EAT THIS TONIGHT- <\/strong><\/p>\n<p><strong>Sample one of our guilty pleasures, <\/strong><strong><a href=\"https:\/\/www.facebook.com\/EzzElmnofy1976\/\">Ezz El Mnofy<\/a><\/strong><strong>. <\/strong>If you want a good meal without breaking the bank. Ezz El Mnofy is a good bet. We\u2019ve tried a bunch of kebda and sogo2 places around Cairo and Alexandria, but in our opinion, nothing compares. With branches nationwide, we\u2019re sure you\u2019ll find one that delivers nearby. Their menu is humble but hearty, with only a few variations on the sandwiches. We recommend their classic kebda and sogo2 as well as their sogo2 modakhan. If you don\u2019t mind the unadulterated calories, treat yourself to their sakalans sandwich that combines cream, honey, jam, and halawa.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><strong>Being smarter might not necessarily entail using your brain<\/strong>, science writer Annie Murphy Paul argues in <a href=\"https:\/\/www.amazon.com\/Thinking-Outside-Brain-Annie-Murphy\/dp\/0544947665\">The Extended Mind: The Power of Thinking Outside the Brain<\/a>. She argues that the trick is to start to think \u201cexternally\u201d using extra-neural resources that help us focus and foster creativity. These include the movements of our bodies, the physical spaces in which we learn and work, and the spoken thoughts of those around us. Using these external tools creates cognitive loops which help us work out and inspire ideas. Paul doesn\u2019t hold back with the science, giving ample evidence and citing multiple studies for her claims. The end goal of the book is to motivate readers to change their surroundings to assist their minds in comprehension and cognition, argues the <a href=\"https:\/\/www.wsj.com\/articles\/the-extended-mind-review-thinking-outside-the-brain-11621893519\">Wall Street Journal<\/a>.<\/p>\n<hr class=\"grey-line\" \/>\n<p>? <strong>TOMORROW\u2019S WEATHER- Stinkin\u2019 hot. <\/strong>Monday is set to be the hottest day of the week, with the mercury set to hit 40\u00b0C during the day before cooling to 22\u00b0C overnight, according to our favorite weather app. Daytime highs will trend down over the course of the week to hit 34\u00b0C on Thursday, Friday and Saturday.<\/p>\n<p><strong>Don\u2019t forget to pack a light sweater if you\u2019re working from Sahel<\/strong> \u2014 look for overnight lows in the 18\u00b0C range near El Alamein.<\/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\/benjamin-netanyahu\/\">Benjamin Netanyahu<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ever-given\/\">Ever Given<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel-palestine-conflict\/\">Israel-Palestine conflict<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sameh-shoukry\/\">Sameh Shoukry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/suez-canal\/\">Suez Canal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"566124\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240927.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/mashreq.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27486.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-azs4nwt\" data-v=\"4\" data-block-id=\"azs4nwt\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-azs4nwt-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-azs4nwt-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240928.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.beltoneholding.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27484.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Where disruption meets success<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-e6rgk3s\" data-v=\"4\" data-block-id=\"e6rgk3s\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-e6rgk3s-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-e6rgk3s-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240936.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/cira.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27480.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Shaping the future of education in Egypt<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"566125\" 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=\"566125\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">SPEED ROUND: CAPITAL MARKETS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/iron-and-steel-mining-spinoff-begins-trading-on-the-egx\/\">\r\n                            Iron and Steel mining spinoff begins trading on the EGX                        <\/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\/05\/30\/iron-and-steel-mining-spinoff-begins-trading-on-the-egx\/\" 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\/05\/30\/iron-and-steel-mining-spinoff-begins-trading-on-the-egx\/')\">\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\/05\/30\/iron-and-steel-mining-spinoff-begins-trading-on-the-egx\/\">\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=Iron and Steel mining spinoff begins trading on the EGX&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/iron-and-steel-mining-spinoff-begins-trading-on-the-egx\/\">\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\/05\/30\/iron-and-steel-mining-spinoff-begins-trading-on-the-egx\/&title=Iron and Steel mining spinoff begins trading on the EGX\">\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=Iron+and+Steel+mining+spinoff+begins+trading+on+the+EGX+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F30%2Firon-and-steel-mining-spinoff-begins-trading-on-the-egx%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\/05\/30\/iron-and-steel-mining-spinoff-begins-trading-on-the-egx\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-566125\" class=\"content-area-description single-story post-566125 post type-post status-publish format-standard hentry category-speed-round-capital-markets tag-capital-markets tag-egx tag-egyptian-iron-and-steel tag-enterprisepm tag-hisham-tawfik 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>Shares of state-owned Egyptian Iron and Steel\u2019s mining spinoff started trading this <\/strong><strong>morning, <\/strong><a href=\"https:\/\/ent.news\/2021\/5\/Iron-and-Steel-trading.jpg\">the exchange said<\/a>. The spinout, inventively named Iron and Steel Mines and Quarries, listed c. 978 mn shares after it received the all-clear from the EGX\u2019s securities registration committee <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b2f86de2-3c13-478d-97be-f2ccb1a111f5\">last week<\/a>. Its shares are now trading separately from Egyptian Iron and Steel under the ticker ISMQ and closed the day at EGP 1.81 a piece, giving the company a market cap of nearly EGP 1.79 bn.<\/p>\n<p><strong>Meanwhile, Egyptian Iron and Steel is moving ahead with its liquidation process<\/strong>, saying in <a href=\"https:\/\/ent.news\/2021\/5\/Iron-and-Steel-liquidation-30-05-21.pdf\">a regulatory filing (pdf)<\/a> that it will appoint a liquidator tomorrow and update its commercial registration in the following three days. The liquidation procedures should then be completed within two years.<\/p>\n<p><strong>Background:<\/strong> Egyptian Iron and Steel announced earlier this year that it would <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/839a6b22-6c3d-453a-93c1-77111ac82759\">spin off its<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/839a6b22-6c3d-453a-93c1-77111ac82759\">mining operations<\/a> at the same time as the troubled state company sells its steel plant in Helwan. Public Enterprises Minister Hisham Tawfik <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9bad9da9-4715-4ca2-af68-dc753167b285\">previously said<\/a> that the perennial lossmaker will have to sell off 6 mn sqm of its land assets to be able to pay off its EGP 9 bn in outstanding debts before liquidating.<\/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\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-iron-and-steel\/\">Egyptian Iron and Steel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hisham-tawfik\/\">Hisham Tawfik<\/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=\"566126\" 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=\"566126\">\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\">SPEED ROUND: M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/speed-medical-quits-bidding-war-for-alex-medical\/\">\r\n                            Speed Medical quits bidding war for Alex Medical                        <\/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\/05\/30\/speed-medical-quits-bidding-war-for-alex-medical\/\" 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\/05\/30\/speed-medical-quits-bidding-war-for-alex-medical\/')\">\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\/05\/30\/speed-medical-quits-bidding-war-for-alex-medical\/\">\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=Speed Medical quits bidding war for Alex Medical&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/speed-medical-quits-bidding-war-for-alex-medical\/\">\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\/05\/30\/speed-medical-quits-bidding-war-for-alex-medical\/&title=Speed Medical quits bidding war for Alex Medical\">\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=Speed+Medical+quits+bidding+war+for+Alex+Medical+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F30%2Fspeed-medical-quits-bidding-war-for-alex-medical%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\/05\/30\/speed-medical-quits-bidding-war-for-alex-medical\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/481.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"566127\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/speed-medical-quits-bidding-war-for-alex-medical\/481-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/481.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"481.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/481.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/481.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-566126\" class=\"content-area-description single-story post-566126 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round-ma-watch tag-alexandria-medical-services tag-enterprisepm tag-limevest tag-ma-watch tag-speed-medical tag-tawasol-holdings 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>Speed Medical is no longer part of a consortium bidding for 100% of Alexandria Medical <\/strong><strong>Services<\/strong>, the EGX-listed medical diagnostics firm said in a <a href=\"https:\/\/ent.news\/2021\/5\/Speed-Medical-30-May.pdf\">statement (pdf)<\/a>, adding that it would instead be looking for new investments that it could consolidate on its balance sheet. Speed was after a 10% stake in Alex Medical, which it planned to buy as part of a larger transaction with partners including Saudi\u2019s Tawasol Holdings (already a 26% shareholder in Alex Medical) and Sherif El Akhdar\u2019s LimeVest.<\/p>\n<p><strong>Tawasol and LimeVest are still bidding<\/strong>, with the latter apparently doing so in concert with an affiliate named Maternity and Pediatrics Holding, according to a separate<a href=\"https:\/\/ent.news\/2021\/5\/Alex-Medical-27-May.pdf\">statement (pdf)<\/a>. When we reached out this afternoon, LimeVest confirmed that Maternity and Pediatrics Holding is an affiliate, but declined to say more about the bid.<\/p>\n<p><strong>Bidders had until last Thursday to submit their <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/56d7a9ca-b198-460a-be68-088297f955b6\">final offers<\/a><\/strong> for Abu Dhabi Commercial Bank\u2019s 51.4% stake in Alexandria Medical. Cleopatra Hospitals Group had offered in mid May to buy shares at <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8bcdeedc-6ea2-4492-adf0-c0dad0bff1f1\">EGP 38.53 apiece<\/a>, below the average EGP 51.70 per share other bidders had indicated they were willing to pay, leading <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/218c7352-0cef-4fe6-8e25-9036ef8db465\">Nile Scan<\/a> to downgrade its own offer. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/59b30537-c789-4c00-803e-ddd0deea56ef\">Other bidders<\/a> include Alexandria for Medical Investment Company (the majority shareholder of Mabaret Al Asafra Hospitals Group), healthcare investment firm Seha Capital, and the UAE\u2019s Global One Healthcare Holding.<\/p>\n<p><strong>Meanwhile, Speed Medical subsidiary Speed Hospitals will up its offer for New Al Safwa <\/strong><strong>Specialized Hospital <\/strong>after sellers complained the slowness with which regulatory approvals are coming could put the transaction at risk, the statement read. Speed Hospitals will raise its offer for New Al Safwa hospital by an amount equivalent to the interest rate on the EGP 185 mn offer value, during the period from 1 March until the completion date of the transaction, the listed company said. Speed Hospitals itself wants at least <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7b8c8f1f-bd5f-41d1-ac95-ca0c7f780d98\">50% plus one share of Al Safwa<\/a>, as well as management rights, with the rest of the equity to be owned by other investors including a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9f2be53e-6ddc-4c80-bbc5-7b05bac307c2\">4.4% stake<\/a> for sister company Prime Speed Medical Services.<\/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\/alexandria-medical-services\/\">Alexandria Medical Services<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/limevest\/\">LimeVest<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-medical\/\">Speed Medical<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tawasol-holdings\/\">Tawasol Holdings<\/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=\"566128\" 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=\"566128\">\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: TOURISM<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/new-show-at-the-pyramids\/\">\r\n                            New show at the Pyramids                        <\/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\/05\/30\/new-show-at-the-pyramids\/\" 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\/05\/30\/new-show-at-the-pyramids\/')\">\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\/05\/30\/new-show-at-the-pyramids\/\">\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=New show at the Pyramids&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/new-show-at-the-pyramids\/\">\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\/05\/30\/new-show-at-the-pyramids\/&title=New show at the Pyramids\">\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=New+show+at+the+Pyramids+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F30%2Fnew-show-at-the-pyramids%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\/05\/30\/new-show-at-the-pyramids\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-566128\" class=\"content-area-description single-story post-566128 post type-post status-publish format-standard hentry category-speed-round-tourism tag-development tag-enterprisepm tag-infrastructure tag-investment-watch tag-orascom-investment-holding tag-orascom-pyramids-entertainment tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Orascom Investment Holding (OIH) subsidiary<\/strong> <strong>Orascom Pyramids will invest EGP 200 mn <\/strong><strong>in the early stage of the Giza sound and light show revamp<\/strong>, which is expected to cost EGP 350 mn when completed, chairman and CEO Hesham Gadallah told <a href=\"https:\/\/bit.ly\/3wGBJ5Q\">Hapi Journal<\/a>. The company plans to self-finance part of the project and is lining up bank finance for the rest. Orascom Pyramids will soon finalize contracts with the government and plans to kick off a trial run of the show within two years of signing the final contract, Gadallah said.<\/p>\n<p><strong>A new, improved sound and light experience? <\/strong>The project, part of the company\u2019s larger <a href=\"https:\/\/enterprise.press\/hardhats\/giza-pyramids-area-getting-major-makeover-heres\/\">development plan<\/a> to revamp the area around the Giza Pyramids, involves installing new equipment to modernize and improve the 40-year-old landmark spectacle, as well as build office spaces for its workers and open restaurants and retail outlets, Gadallah said.<\/p>\n<p><strong>Orascom Pyramids emerged as the sole bidder to snag the redevelopment contract <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bd59ab3e-4417-479c-911d-2f39aae1fb00\">last<\/a><\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bd59ab3e-4417-479c-911d-2f39aae1fb00\">year<\/a><\/strong>, after the show\u2019s legacy operator, the Sound and Light Cinema Company, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5f3d1271-2a9e-43ab-87ef-bc776a96db2c\">issued a second tender<\/a> seeking a private sector developer. The original tender, launched back in 2018 and also awarded to OIH, broke down and saw OIH agree to pay <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/09\/orascom-investment-pays-egp-6-mn-settlement-to-slcc-8011\/\">an EGP 6 mn settlement<\/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\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orascom-investment-holding\/\">Orascom Investment Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orascom-pyramids-entertainment\/\">Orascom Pyramids Entertainment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"566129\" 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=\"566129\">\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\">GO WITH THE FLOW<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/eastern-oriental-weavers-report-rising-profit-oza-sees-geopolitics-weighin-on-egyptian-shares\/\">\r\n                            Eastern, Oriental Weavers report rising profit + Oza sees \u201cgeopolitics\u201d weighin on Egyptian shares                        <\/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\/05\/30\/eastern-oriental-weavers-report-rising-profit-oza-sees-geopolitics-weighin-on-egyptian-shares\/\" 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\/05\/30\/eastern-oriental-weavers-report-rising-profit-oza-sees-geopolitics-weighin-on-egyptian-shares\/')\">\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\/05\/30\/eastern-oriental-weavers-report-rising-profit-oza-sees-geopolitics-weighin-on-egyptian-shares\/\">\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=Eastern, Oriental Weavers report rising profit + Oza sees \u201cgeopolitics\u201d weighin on Egyptian shares&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/eastern-oriental-weavers-report-rising-profit-oza-sees-geopolitics-weighin-on-egyptian-shares\/\">\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\/05\/30\/eastern-oriental-weavers-report-rising-profit-oza-sees-geopolitics-weighin-on-egyptian-shares\/&title=Eastern, Oriental Weavers report rising profit + Oza sees \u201cgeopolitics\u201d weighin on Egyptian shares\">\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=Eastern%2C+Oriental+Weavers+report+rising+profit+%2B+Oza+sees+%E2%80%9Cgeopolitics%E2%80%9D+weighin+on+Egyptian+shares+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F30%2Feastern-oriental-weavers-report-rising-profit-oza-sees-geopolitics-weighin-on-egyptian-shares%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\/05\/30\/eastern-oriental-weavers-report-rising-profit-oza-sees-geopolitics-weighin-on-egyptian-shares\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-566129\" class=\"content-area-description single-story post-566129 post type-post status-publish format-standard hentry category-go-with-the-flow tag-earnings-watch tag-eastern-company tag-enterprisepm tag-go-with-the-flow tag-israel tag-manufacturing tag-middle-east tag-oriental-weavers tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-04\" class=\"content-anchor\"><\/a> <strong>EARNINGS WATCH- Eastern Company posted a 47% increase in its bottom line in<\/strong><strong> 3Q2020-2021<\/strong>, reporting earnings of EGP 1.35 bn from EGP 914.19 mn in the same period a year earlier, the company said in <a href=\"https:\/\/ent.news\/2021\/5\/Eastern-company-financials-3Q20-21.pdf\">an earnings filing (pdf)<\/a>. Revenues rose in the company\u2019s third quarter to EGP 16.1 bn from EGP 14.1 bn.<\/p>\n<p><strong>Oriental Weavers\u2019s net income after tax and minority interest came in at EGP 300 mn in <\/strong><strong>1Q2021<\/strong>, up 72% y-o-y from the same quarter last year, according to its <a href=\"https:\/\/ent.news\/2021\/5\/Oriental-Weavers-1Q.pdf\">quarterly financials (pdf)<\/a>. Sales rose 22% y-o-y to EGP 2.76 bn during the quarter.<\/p>\n<p><strong>MARKET ROUNDUP-<\/strong><\/p>\n<p><strong>The EGX30 rose 0.6% at today\u2019s close<\/strong> on turnover of EGP 1.37 bn (5% above the 90-day average). Regional investors were net sellers. The index is down 5% YTD.<\/p>\n<p><strong>In the green: <\/strong>CI Capital (+8.4%), Pioneers Holding (+7.2%) and Palm Hills Development (+3.9%).<\/p>\n<p><strong>In the red: <\/strong>Ibnsina Pharma (-2.1%), Export Development Bank of Egypt (-2.1%) and MM Group (-2.1%).<\/p>\n<p><strong>FROM THE REGION- Stock exchanges elsewhere in the Middle East are closing the <\/strong><strong>month of<\/strong><strong> May in the green <\/strong>as major economies in the region rebound thanks to rising vaccination rates, higher oil prices, private sector growth and the lifting of restrictions, Abu Dhabi-based International Securities head of research Harshjit Oza said, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-30\/most-mideast-stock-markets-set-for-gains-in-may-inside-em?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a>.<\/p>\n<p><strong>Geopolitics, however, continue to weigh on Egyptian shares, <\/strong>Oza said, without offering further context. The UAE\u2019s blue-chip indices are leading gains, with benchmark gauges in Dubai and Abu Dhabi en-route to end the month up 8.4% and 7.8%. The UAE is followed by Israel, another global leader in the vaccine rollout, whose main market gauge is on track to finish 4% higher, shows Bloomberg data.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/earnings-watch\/\">earnings watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eastern-company\/\">Eastern Company<\/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\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/middle-east\/\">Middle East<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oriental-weavers\/\">Oriental Weavers<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/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=\"566130\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"566131\" 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=\"566131\">\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\">Office life<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/how-ceos-say-they-made-wfh-a-success\/\">\r\n                            How CEOs say they made WFH a success                        <\/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\/05\/30\/how-ceos-say-they-made-wfh-a-success\/\" 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\/05\/30\/how-ceos-say-they-made-wfh-a-success\/')\">\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\/05\/30\/how-ceos-say-they-made-wfh-a-success\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=How CEOs say they made WFH a success&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/how-ceos-say-they-made-wfh-a-success\/\">\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\/05\/30\/how-ceos-say-they-made-wfh-a-success\/&title=How CEOs say they made WFH a success\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=How+CEOs+say+they+made+WFH+a+success+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F30%2Fhow-ceos-say-they-made-wfh-a-success%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\/05\/30\/how-ceos-say-they-made-wfh-a-success\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-566131\" class=\"content-area-description single-story post-566131 post type-post status-publish format-standard hentry category-office-life tag-covid-19 tag-enterprisepm tag-office-life tag-pandemic tag-work-from-home wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>CEOs on how they made remote work a success: <\/strong>Remote work might be here to stay even after the pandemic subsides, so how can companies manage the pros and cons? <strong>Angela Cretu, CEO of global cosmetics firm Avon International<\/strong>, told the <a href=\"https:\/\/www.ft.com\/content\/3c51339c-ffb5-4375-985d-0e13f6f24154\">Financial Times<\/a> that the pandemic accelerated the rollout and adoption of digital tools within the company. Avon prioritized staying connected with employees by utilizing virtual webcasts and forums. \u201cWe\u2019ve also conducted employee opinion surveys and digital focus groups to understand how our people are feeling.\u201d<\/p>\n<p><strong>Other firms had already been well versed in gathering virtually<\/strong>, as was the case with entrepreneurship impact and innovation company <strong>SecondMuse, co-CEO Carrie Freeman<\/strong> said. Grappling with the complete shift to remote work required three key elements: allowing employees to create flexible work schedules, providing various wellness services, and creating policies to ensure a work-life balance for workers.<\/p>\n<p><strong>And some were forced to quickly create a digital infrastructure: <\/strong>The time to adapt to the golden age of hybrid working came quick and hard and <strong>Sanuj Kohli, founder and CEO of LEME Group <\/strong>had to hustle to roll out change. The laser and electronics holding group set out by holding one-on-one meetings with employees to get a better picture of what was needed for the workflow and for the team\u2019s comfort. HR policies were changed to reflect flexible working hours and investment was poured into the needed technology. The last step was to re-evaluate staff to make sure they were able to thrive in a hybrid work system. \u201cWe want a corporate culture that breeds flexibility and innovation across the organisation,\u201d Kohli says.<\/p>\n<p><strong>Finally, some firms put trust in their employees and took it from there: <\/strong>Giving remote teams the freedom to prioritize their workflow and just checking in to evaluate progress is the way to manage work from home, Dropbox\u2019s global head of media technologies Andy Wilson told <a href=\"https:\/\/www.techrepublic.com\/article\/remote-working-is-here-to-stay-these-eight-strategies-can-make-it-more-successful-for-everyone\/\">TechRepublic<\/a>. This includes learning how and when to communicate with teams, while \u201ccutting down on external noise, and endless notifications means learning to prioritize and organize effectively,\" he says. Leaders communicating trust in employees\u2019 dedication helps produce optimal output, Wilson says.<\/p>\n<p><strong>Strategies for streamlining operations while working from home have been the subject of many articles: <\/strong><a href=\"https:\/\/www.forbes.com\/sites\/forbesbusinesscouncil\/2021\/05\/27\/13-critical-elements-when-developing-a-long-term-remote-work-plan\/?sh=61f4f0c54c66\">Forbes<\/a> identifies 13 critical factors in a successful long-term remote work plan, which started with making sure the plan is flexible enough to be able to pivot in case of sudden changes. Other factors include incentivizing employees, having clear communication channels, focusing on workers\u2019 work-life balance and psychological health, and putting in place the right guidelines, tech, and systems. Meanwhile, the <a href=\"https:\/\/hbr.org\/2021\/05\/how-to-set-up-a-remote-employee-for-success-on-day-one\">Harvard Business Review<\/a> looks at how to put new employees on the right track when they arrive into a remote workspace. Having a comprehensive onboarding plan is essential, as is making them feel like part of the team, communicating the company culture, and finding the best role for the new hire based on their experience and passion.<\/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\/office-life\/\">office life<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pandemic\/\">pandemic<\/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=\"566132\" 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=\"566132\">\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\">WHAT\u2019S NEXT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/5g-could-bring-about-a-new-era-for-esports-players-and-fans\/\">\r\n                            5G could bring about a new era for esports players and fans                        <\/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\/05\/30\/5g-could-bring-about-a-new-era-for-esports-players-and-fans\/\" 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\/05\/30\/5g-could-bring-about-a-new-era-for-esports-players-and-fans\/')\">\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\/05\/30\/5g-could-bring-about-a-new-era-for-esports-players-and-fans\/\">\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=5G could bring about a new era for esports players and fans&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/5g-could-bring-about-a-new-era-for-esports-players-and-fans\/\">\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\/05\/30\/5g-could-bring-about-a-new-era-for-esports-players-and-fans\/&title=5G could bring about a new era for esports players and fans\">\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=5G+could+bring+about+a+new+era+for+esports+players+and+fans+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F30%2F5g-could-bring-about-a-new-era-for-esports-players-and-fans%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\/05\/30\/5g-could-bring-about-a-new-era-for-esports-players-and-fans\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/484.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"566133\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/5g-could-bring-about-a-new-era-for-esports-players-and-fans\/484-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/484.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"484.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/484.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/484.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-566132\" class=\"content-area-description single-story post-566132 post type-post status-publish format-standard has-post-thumbnail hentry category-whats-next-2 tag-5g tag-enterprisepm tag-intel tag-technology tag-whats-next wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>5G is exactly what the esports industry has been waiting for: <\/strong>Esports \u2014 where experienced gamers battle before live and online audiences \u2014 is set to undergo a massive improvement, with fast 5G networks promising a world of difference in game realism and speed, Yang Jie writes for <a href=\"https:\/\/www.wsj.com\/articles\/5g-esports-gaming-11621870177?mod=tech_lista_pos3\">the Wall Street Journal<\/a>. The fifth-generation network will allow players to better respond to each other by speeding up data transfer. It could also bring more players from different venues into a single game or competition \u2014 and give gamers on all platforms uninterrupted gameplay. Major tech companies, from Intel to Ericsson, have said they see esports as a natural application for 5G.<\/p>\n<p><strong>Virtual reality gaming in particular is in line for a boost:<\/strong> Virtual reality gamers need mobility to play, so are forced to literally carry around their computing power in backpacks. The heavy equipment handles the large amounts of data transfers and ensures gameplay runs smoothly. But this emerging esports niche is set to change with 5G allowing much vaster computing power in a smaller package.<\/p>\n<p><strong>VR esports are a fast growing entertainment industry in China<\/strong>, where the government in Beijing's Haidan district has allocated USD 1.55 mn in subsidies for companies hosting VR and esports events. And big tech companies are getting in on the action: Chinese startup <a href=\"http:\/\/en.skylimitentertainment.com\/\">Sky Limit Entertainment<\/a> obtained USD mns in investment from Intel to co-host a series of VR competitions using 5G in China, Thailand, South Korea, and Singapore.<\/p>\n<p><strong>And cloud mobile gaming is another 5G friendly industry on the rise: <\/strong>Cloud gaming stands to benefit tremendously from 5G, and is set to grow into a USD 6.4 bn industry in 2024, from only USD 640 mn last year, New York-based ABI Research estimates. The Asia-Pacific region is expected to take the largest slice of the cloud-gaming market, accounting for 45%, followed by North America with 26%.<\/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\/5g\/\">5G<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/intel\/\">Intel<\/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\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/whats-next\/\">WHAT\u2019S NEXT<\/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=\"566134\" 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\/05\/30\/your-essential-business-calendar-on-30-may-2021-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-566134\" class=\"content-area-description single-story post-566134 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>30 May (Sunday): Al Mal GTM is organizing the <a href=\"https:\/\/bit.ly\/3h8CpfX\">Portfolio Egypt<\/a> conference under the theme \u2018Growth under the weight of the pandemic.\u2019<\/p>\n<p>31 May (Monday): Egypt is hosting Trescon Global\u2019s <a href=\"https:\/\/www.tresconglobal.com\/conferences\/ai\/egypt\/\">World AI Show<\/a> with the support of ITIDA.<\/p>\n<p>7 June (Monday): British Egyptian Business Association hosts an event featuring Oil Minister Tarek El Molla.<\/p>\n<p>3-6 June (Thursday-Monday): Egypt is hosting the <a href=\"https:\/\/www.gymnastics.sport\/site\/events\/detail.php?id=16598#loaded\">FIG World Challenge Cup<\/a> in Artistic Gymnastics.<\/p>\n<p>14 June (Monday): Egypt's Green Economy Forum.<\/p>\n<p>17 June (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>17-20 June (Thursday-Sunday): The International Exhibition of Materials and Technologies for Finishing and Construction (Turnkey Expo), Cairo International Conference Center.<\/p>\n<p>20 June (Sunday): Ismailia Economic Court to hold hearing on Ever Given compensation case.<\/p>\n<p>22-27 June (Tuesday-Sunday): The <a href=\"https:\/\/psaworldtour.com\/tournaments\/view\/11445\">CIB PSA World Tour Finals<\/a> for 2020-2021 will take place in Cairo.<\/p>\n<p>24 June (Thursday): End of the 2020-2021 academic year (public schools).<\/p>\n<p>26-29 June (Saturday-Tuesday): The Big 5 Construct Egypt, Cairo International Convention Center, Cairo, Egypt.<\/p>\n<p>30 June (Wednesday): The IMF will complete a second review of targets set under the USD 5.2 bn standby loan approved in June 2020 (proposed date).<\/p>\n<p>30 June (Wednesday): 30 June Revolution Day.<\/p>\n<p>30 June- 15 July: National Book Fair.<\/p>\n<p>July + August: Thanaweya Amma exams take place.<\/p>\n<p>1 July: (Thursday): National holiday in observance of 30 June Revolution.<\/p>\n<p>1 July (Thursday): Large taxpayers that have not yet signed on to the e-invoicing platform will suffer a host of penalties, including removal from large taxpayer classification, losing access to government services and business, and losing subsidies.<\/p>\n<p>1 July (Thursday): Businesses importing goods at seaports will need to file shipping documents and cargo data digitally to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9bf7988d-19f6-45a6-ada1-65d7c23ec723\">the Advance Cargo Information (ACI) system<\/a>.<\/p>\n<p>15 June (Saturday): EGX-listed will have to complete filing their financial disclosures for the period ended 31 March.<\/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>12-15 September (Sunday-Wednesday): Sahara Expo: the 33rd International Agricultural Exhibition for Africa and the Middle East.<\/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): Egypt Projects 2021 expo, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>30 September-8 October (Thursday-Friday): The Cairo International Fair, Cairo International Conference Center, Cairo, Egypt.<\/p>\n<p>1 October (Friday): Expo 2020 Dubai 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>12-14 October (Tuesday-Thursday): Mediterranean Offshore Conference, Alexandria, Egypt.<\/p>\n<p>18 October (Monday): Prophet\u2019s Birthday.<\/p>\n<p>21 October (Thursday): National holiday in observance of the Prophet\u2019s Birthday.<\/p>\n<p>28 October (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>1-3 November (Monday-Wednesday): Egypt Energy exhibition on power and renewable energy, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>1-12 November (Monday-Friday): 2021 United Nations Climate Change Conference (COP26), Glasgow, United Kingdom.<\/p>\n<p>29 November-2 December (Monday-Thursday): Egypt Defense Expo.<\/p>\n<p>13-17 December: United Nations Convention against Corruption, 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>14-16 February 2022 (Monday-Wednesday): Egypt Petroleum Show, Egypt International Exhibition Center, New Cairo, Egypt.<\/p>\n<p>1H2022: The World Economic Forum annual meeting, location TBD.<\/p>\n<p>May 2022: Investment in Logistics Conference, Cairo, Egypt.<\/p>\n<p>27 June-3 July 2022 (Monday-Sunday): World University Squash Championships, New Giza.<\/p>\n<p><strong>**Note to readers:<\/strong> Some national holidays may appear twice above. Since 2020, Egypt has observed most mid-week holidays on Thursdays regardless of the day on which they fall and may also move those days to Sundays. We distinguish below between the actual holiday and its observance.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":566122,"template":"","categories":[],"tags":[],"class_list":["post-566121","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2576bf34-436a-439e-b1b9-d276cf31f7df","teaser":"","photo_url":"https:\/\/ent.news\/2021\/5\/477.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>Iron and Steel Mining and Quarries makes EGX debut - 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\/iron-and-steel-mining-and-quarries-makes-egx-debut\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iron and Steel Mining and Quarries makes EGX debut\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T05:16:33+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/477.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\/iron-and-steel-mining-and-quarries-makes-egx-debut\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/\",\"name\":\"Iron and Steel Mining and Quarries makes EGX debut - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/477.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-05-30T13:52:27+00:00\",\"dateModified\":\"2025-12-16T05:16:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/477.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/477.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Afternoon\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/PMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Iron and Steel Mining and Quarries makes EGX debut\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Iron and Steel Mining and Quarries makes EGX debut - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/","og_locale":"en_US","og_type":"article","og_title":"Iron and Steel Mining and Quarries makes EGX debut","og_url":"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/","og_site_name":"EnterpriseAM Egypt","article_modified_time":"2025-12-16T05:16:33+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/477.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/","url":"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/","name":"Iron and Steel Mining and Quarries makes EGX debut - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/477.jpg?fit=%2C&ssl=1","datePublished":"2021-05-30T13:52:27+00:00","dateModified":"2025-12-16T05:16:33+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/477.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/477.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/iron-and-steel-mining-and-quarries-makes-egx-debut\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Afternoon","item":"https:\/\/enterpriseam.com\/egypt\/PMarchives\/"},{"@type":"ListItem","position":3,"name":"Iron and Steel Mining and Quarries makes EGX debut"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/566121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/afternoon"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/566122"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=566121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=566121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=566121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}