{"id":579962,"date":"2022-11-29T13:41:16","date_gmt":"2022-11-29T13:41:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=579962"},"modified":"2025-12-16T12:14:39","modified_gmt":"2025-12-16T12:14:39","slug":"is-invisibility-a-fate-worse-than-failure","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/is-invisibility-a-fate-worse-than-failure\/","title":{"rendered":"Is invisibility a fate worse than failure?"},"content":{"rendered":"<section id=\"579964\" 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=\"579964\">\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\/2022\/11\/29\/this-evening-ksa-rolls-over-its-usd-5-bn-deposit-at-the-cbe-were-one-week-out-from-the-enterprise-climate-x-forum\/\">\r\n                            THIS EVENING: KSA rolls over its USD 5 bn deposit at the CBE + We\u2019re one week out from the Enterprise Climate X Forum                        <\/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\/2022\/11\/29\/this-evening-ksa-rolls-over-its-usd-5-bn-deposit-at-the-cbe-were-one-week-out-from-the-enterprise-climate-x-forum\/\" 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\/2022\/11\/29\/this-evening-ksa-rolls-over-its-usd-5-bn-deposit-at-the-cbe-were-one-week-out-from-the-enterprise-climate-x-forum\/')\">\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\/2022\/11\/29\/this-evening-ksa-rolls-over-its-usd-5-bn-deposit-at-the-cbe-were-one-week-out-from-the-enterprise-climate-x-forum\/\">\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=THIS EVENING: KSA rolls over its USD 5 bn deposit at the CBE + We\u2019re one week out from the Enterprise Climate X Forum&url=https:\/\/enterpriseam.com\/egypt\/2022\/11\/29\/this-evening-ksa-rolls-over-its-usd-5-bn-deposit-at-the-cbe-were-one-week-out-from-the-enterprise-climate-x-forum\/\">\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\/2022\/11\/29\/this-evening-ksa-rolls-over-its-usd-5-bn-deposit-at-the-cbe-were-one-week-out-from-the-enterprise-climate-x-forum\/&title=THIS EVENING: KSA rolls over its USD 5 bn deposit at the CBE + We\u2019re one week out from the Enterprise Climate X Forum\">\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=THIS+EVENING%3A+KSA+rolls+over+its+USD+5+bn+deposit+at+the+CBE+%2B+We%E2%80%99re+one+week+out+from+the+Enterprise+Climate+X+Forum+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F11%2F29%2Fthis-evening-ksa-rolls-over-its-usd-5-bn-deposit-at-the-cbe-were-one-week-out-from-the-enterprise-climate-x-forum%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\/2022\/11\/29\/this-evening-ksa-rolls-over-its-usd-5-bn-deposit-at-the-cbe-were-one-week-out-from-the-enterprise-climate-x-forum\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/746.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"579965\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/29\/this-evening-ksa-rolls-over-its-usd-5-bn-deposit-at-the-cbe-were-one-week-out-from-the-enterprise-climate-x-forum\/746-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/746.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"746.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/746.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/746.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-579964\" class=\"content-area-description single-story post-579964 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-central-bank-of-egypt tag-china tag-covid-19 tag-enterprisepm tag-saudi-arabia tag-what-were-tracking-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good afternoon, wonderful people, and happy end to hump day. <\/strong>One week from today, a bunch of us will be at the Grand Egyptian Museum to meet many of you at the Enterprise Climate X Forum. It\u2019s our first-ever large-scale event, with more than 200 C-suite execs, bankers, investors, DFI folks and more set to join us to talk through what we think is the world\u2019s largest and most exciting industry.<\/p>\n<p>More on that below\u2026<\/p>\n<p><strong>THE BIG STORY TODAY<\/strong><\/p>\n<p><a id=\"tldr-story-01\" class=\"content-anchor\"><\/a> <strong>Saudi Arabia is rolling over its USD 5 bn deposit at the Central Bank of<\/strong><strong> Egypt<\/strong> (CBE) for an additional year, according to reports in <a href=\"https:\/\/bit.ly\/3VwIrYA\">Bloomberg Asharq<\/a> and <a href=\"https:\/\/bit.ly\/3ATIwgS\">Al Arabiya<\/a>. Saudi had made the one-year deposit in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ce28f2c9-69b3-4c78-b2ab-1eb5d194e101\">March of this year<\/a> to help shore up Egypt\u2019s finances and contain the fallout from Russia\u2019s war in Ukraine.<\/p>\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><strong>Another day, another afternoon of the international business press being squarely<\/strong><strong> focused on protests in China.<\/strong> Authorities in China are now \u201cseeking out\u201d people who participated in protests against the country\u2019s covid-zero policy, while trying to stamp out criticism of the policy by placing the blame on local governments for failing to contain covid-19 breakouts. The story is on the front pages of <a href=\"https:\/\/www.reuters.com\/world\/china\/china-police-out-numbers-prevent-more-covid-protests-2022-11-29\/\">Reuters<\/a>, the <a href=\"https:\/\/www.wsj.com\/articles\/china-covid-protesters-become-targets-of-beijings-surveillance-state-11669718994?mod=hp_lead_pos5\">Wall Street Journal<\/a>, the <a href=\"https:\/\/www.ft.com\/content\/d0ab9650-080f-4f54-9c49-7e0c58d0abe4\">Financial Times<\/a>, and <a href=\"https:\/\/www.cnbc.com\/2022\/11\/29\/china-says-covid-vaccination-rates-for-seniors-has-climbed-over-the-last-two-weeks.html\">CNBC<\/a>.<\/p>\n<hr class=\"grey-line\" \/>\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>Somabay\u2019s Ibrahim El Messiri on how a tourism push could draw immediate FX:<\/strong> After reading our five-step recipe for turning Egypt into a global export hub and FDI magnet, Somabay CEO Ibrahim El Missiri <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d7ab47ec-95d5-46b4-a486-ce97ca107374\">talked to us<\/a> about why tourism and aviation should be put on a focused short list of priority industries.<\/li>\n<li><strong>CBE looks at proposals to help shore up FX liquidity:<\/strong> The Central Bank of Egypt (CBE) is <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ef1a463b-20ef-44e4-b174-2da04b4b5578\">mulling a handful of options<\/a> as part of its strategy to increase FX liquidity, after CBE Governor Hassan Abdalla met with the heads of the nation\u2019s banks on Sunday.<\/li>\n<li><strong>Egypt\u2019s economy <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d75bfe34-54bc-4992-948a-f9c59284b879\">grew 4.4% y-o-y<\/a><\/strong><strong> in 1Q FY 2022-2023<\/strong>, according to preliminary data from the Planning Ministry.<\/li>\n<\/ul>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>FOR TOMORROW-<\/strong><\/p>\n<p><strong>Tomorrow will be the last day <\/strong><strong>of payment<\/strong><strong> and fintech conference Pafix<\/strong>, which is being held as part of <a href=\"https:\/\/cairoict.com\/\">Cairo ICT 2022<\/a> at the Egypt International Exhibition Centre in New Cairo. The conference kicked off yesterday.<\/p>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>CORRECTION- The House Manpower Committee will continue hearings on the new draft<\/strong><strong> Labor Act next Wednesday<\/strong>, 7 December, not today, as we incorrectly wrote in this morning\u2019s edition of EnterpriseAM. The session will see representatives from the Federation of Egyptian Industries (FEI) and the Egyptian Trade Union Federation in attendance. The <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ae083a4f-781c-443d-ad37-ab705d0103ee\">bill<\/a>, which was approved by the Senate in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ca0eee4d-fde9-42b2-b59e-d153ab58a28e\">February<\/a>, extends both maternity leave and notice periods, caps working hours, and changes minimum raise increments, among other things. We have <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ae083a4f-781c-443d-ad37-ab705d0103ee\">more on the bill\u2019s finer points here<\/a>.<\/p>\n<p><strong>EGX-listed Pachin will brief shareholders on acquisition offers it has received in <\/strong><strong>its ordinary general assembly on Tuesday, 20 December, <\/strong>according to an EGX <a href=\"https:\/\/ent.news\/2022\/11\/Pachin-general-assembly.pdf\">disclosure (pdf)<\/a>. Dubai-based National Paints Holdings is offering to purchase 100% of Pachin for EGP 29 per share \u2014 far outbidding earlier offers from <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/aa4253d1-4e21-484b-8dd5-c291322ebfa7\">Universal Building Materials and Chemicals (Sipes)<\/a> and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/282c2d10-3962-4fe7-9d62-eb7036227f7b\">Saybad Industrial Investment<\/a> that have since been withdrawn.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n<p>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>We\u2019re looking at a sunny day tomorrow with temperatures in Cairo expected to hit 25\u00b0C during the day before falling to 14\u00b0C in the evening, according to our favorite weather app.<\/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\/central-bank-of-egypt\/\">Central Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"579966\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"579966\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/29\/579966\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-579966\" class=\"content-area-description single-story post-579966 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/www.mashreq.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/Web-Mashreq-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"579967\" 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=\"579967\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">FOR YOUR COMMUTE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/29\/office-spaces-are-adapting-to-employees-who-like-the-quiet-of-wfh-local-music-gets-a-bump-from-public-libraries-in-north-america\/\">\r\n                            Office spaces are adapting to employees who like the quiet of WFH + Local music gets a bump from public libraries in North America                        <\/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 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href=\"https:\/\/api.whatsapp.com\/send?text=Office+spaces+are+adapting+to+employees+who+like+the+quiet+of+WFH+%2B+Local+music+gets+a+bump+from+public+libraries+in+North+America+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F11%2F29%2Foffice-spaces-are-adapting-to-employees-who-like-the-quiet-of-wfh-local-music-gets-a-bump-from-public-libraries-in-north-america%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\/2022\/11\/29\/office-spaces-are-adapting-to-employees-who-like-the-quiet-of-wfh-local-music-gets-a-bump-from-public-libraries-in-north-america\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-579967\" class=\"content-area-description single-story post-579967 post type-post status-publish format-standard hentry category-for-your-commute tag-enterprisepm tag-for-your-commute tag-music tag-office-life 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>Employees are back at the office, but crave the peace and quiet of WFH: <\/strong>Companies are changing up the setup of their offices, including equipping them with \u201cquiet rooms\u201d to accommodate employees returning to a hybrid work model after years of covid-induced WFH, the <a href=\"https:\/\/www.ft.com\/content\/be2ffc93-8968-474a-a8cc-d5e53c036a90\">Financial Times<\/a> writes. Office days, in a hybrid work setup, are usually slated for collaborative work, socializing, and bouncing ideas off each other but some employees still need their privacy and quiet in order to complete the tasks at hand. Employees who were once able to focus and work efficiently in a loud office may have lost that ability after two years of working remotely in an environment under their own control, prompting the need for quiet spaces in any open-plan office. \u201cWhen you\u2019ve spent two years alone, you become very sensitive to noise. What we\u2019re hearing from HR departments is that people are hypersensitive to their environments,\u201d one expert tells the salmon-colored paper.<\/p>\n<p><strong>Libraries in the US and Canada are launching streaming platforms promoting local<\/strong><strong> music<\/strong>, thanks to <a href=\"https:\/\/musicat.co\/\">MUSICat<\/a>, <a href=\"https:\/\/www.vice.com\/en\/article\/5d34px\/libraries-are-launching-their-own-local-music-streaming-platforms\">Vice<\/a> reports. The Madison Public Library created the Yahara Music Library, an online music library that features local musicians\u2019 music was created in 2014, with help from Preston Austin and Kelly Hiser. Upon completing the project, the pair realized that they had a software prototype that other libraries interested in using could tweak and launch as well. They then built software platform MUSICat, which public libraries in Pittsburgh, Nashville, Fort Worth and New Orleans have used to launch their own streaming services. While in no way comparable to the giants like Apple Music or Spotify, more than 12 public libraries across the two countries began offering their own community-oriented music streaming services in a bid to promote local artists and local music scenes.<\/p>\n<p><strong>They even pay better:<\/strong> New Orleans\u2019 local library streaming service, Crescent City Sounds pays local artists USD 250 to license their song to the New Orleans Public Library for five years, no small figure in comparison to the few cents per stream offered to independent musicians by larger streaming players like Spotify.<\/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\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/music\/\">music<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"579968\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"579968\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/29\/579968\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-579968\" class=\"content-area-description single-story post-579968 post type-post status-publish format-standard hentry category-uncategorized tag-enterprisepm wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/climatexforum.enterprise.press\/index.html#agenda\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/Hazem-Metwally-En-web-quote.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n<p><strong>Our friends at Etisalat by e& are joining us for the <\/strong><strong><a href=\"https:\/\/climatexforum.enterprise.press\/index.html\">Enterprise Climate X Forum<\/a><\/strong><strong>, taking <\/strong><strong>place at the Grand Egyptian Museum. Are you?<\/strong> Our first-ever large-scale event, with more than 200 C-suite execs, bankers, investors, DFI folks wouldn\u2019t have been possible without the support of good friends who are committed to the message of the conference, including <strong>Etisalat, HSBC, Mashreq, Attijariwafa Bank, Hassan Allam Utilities, and Infinity.<\/strong><\/p>\n<p><strong>You should see the lineup of speakers and topics we have in store, starting with \u2014 Hydrogen: <\/strong>What is it, what does a \u201chydrogen economy\u201d look like and how will we know it\u2019s becoming real?<strong> Jorgo Chatzimarkakis<\/strong>, CEO of industry association Hydrogen Europe, is flying in to help us unpack it.<\/p>\n<p><strong>Three industry leaders will talk about climate as the biggest (and most important) business opportunity of our generation: Amr Allam<\/strong> is co-CEO of Hassan Allam Holding. <strong>Mohamed Mansour<\/strong> is co-founder and CEO of Infinity. Jointly and separately, they\u2019re building and operating GWs worth of renewable energy projects, charging stations, desalination, wastewater, and more. They\u2019ll be joined on stage by <strong>Sherif El Kholy<\/strong>, partner and head of MENA at private equity giant Actis, who has a passion for investing in green businesses \u2014 and for helping conventional businesses put ESG at the core of what they do.<\/p>\n<p><strong>How are we going to pay for it all? <\/strong><strong>Todd Wilcox<\/strong>, CEO and deputy chairman of HSBC Egypt; <strong>Tarek El Nahas<\/strong>, group head of international banking at Mashreq; <strong>Khaled Hamza<\/strong>, director and head of Egypt at the European Bank for Reconstruction and Development (EBRD); and <strong>Nader Aboushadi<\/strong>, group treasurer at Dar Group, will help us get our heads around topics including green, sustainability-linked, blended, and concessional finance, as well as how much you need to know about your supply chain.<\/p>\n<p>We\u2019ll also be meeting Shift EV\u2019s <strong>Aly El Tayeb<\/strong> and Algebra\u2019s <strong>Karim Hussein<\/strong>, the guys who want to be Egypt\u2019s first climate bn\u2019aires. They\u2019ll be talking with USAID Egypt Mission Director <strong>Leslie Reed <\/strong>as well as EFG Hermes Head of Strategy <strong>Simon Kitchen<\/strong>, who\u2019s flying in from London to talk with us about how business leaders across frontier and emerging markets are getting their heads around climate.<\/p>\n<p><strong>** Have you confirmed your attendance? <\/strong>We\u2019ll be sending you on Sunday, 4 December the QR code you\u2019ll need to gain admission to the Grand Egyptian Museum, along with a Google Maps link and some other pointers.<\/p>\n<p><strong><a href=\"https:\/\/climatexforum.enterprise.press\/index.html#agenda\">Tap or click here for the full agenda<\/a><\/strong><a href=\"https:\/\/climatexforum.enterprise.press\/index.html#agenda\">.<\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"579969\" 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=\"579969\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ENTERPRISE RECOMMENDS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/29\/shahids-room-207-a-thriller-series-about-a-haunted-hotel-room\/\">\r\n                            Shahid\u2019s Room 207: A thriller series about a haunted hotel room                        <\/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\/2022\/11\/29\/shahids-room-207-a-thriller-series-about-a-haunted-hotel-room\/\" 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\/2022\/11\/29\/shahids-room-207-a-thriller-series-about-a-haunted-hotel-room\/')\">\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\/2022\/11\/29\/shahids-room-207-a-thriller-series-about-a-haunted-hotel-room\/\">\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=Shahid\u2019s Room 207: A thriller series about a haunted hotel room&url=https:\/\/enterpriseam.com\/egypt\/2022\/11\/29\/shahids-room-207-a-thriller-series-about-a-haunted-hotel-room\/\">\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\/2022\/11\/29\/shahids-room-207-a-thriller-series-about-a-haunted-hotel-room\/&title=Shahid\u2019s Room 207: A thriller series about a haunted hotel room\">\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=Shahid%E2%80%99s+Room+207%3A+A+thriller+series+about+a+haunted+hotel+room+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F11%2F29%2Fshahids-room-207-a-thriller-series-about-a-haunted-hotel-room%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\/2022\/11\/29\/shahids-room-207-a-thriller-series-about-a-haunted-hotel-room\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/748.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"579970\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/29\/shahids-room-207-a-thriller-series-about-a-haunted-hotel-room\/748-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/748.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"748.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/748.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/748.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-579969\" class=\"content-area-description single-story post-579969 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-recommends-2 tag-enterprise-recommends tag-enterprisepm tag-on-the-tube-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><br \/>\n (all times CLT)<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Supernatural occurrences unfold in <\/strong><strong><a href=\"https:\/\/shahid.mbc.net\/en\/series\/Room-207-season-1\/season-950828-950830\">Room 207<\/a><\/strong><strong> of a hotel in Marsa Matrouh in the 60s.<\/strong> The thriller series, which is based on Ahmed Khaled Tawfik\u2019s novel of the same name, follows Gamal (Mohamed Farrag) as he starts a new gig as a hotel receptionist and begins hearing whispers about the mysterious Room 207. Gamal becomes fixated with finding out the truth and ventures into the room, despite all the warnings that all those who do so leave physically unscathed but incur psychological trauma that can be fatal. The series\u2019 ensemble cast includes Riham Abdel Ghafour, Nardeen Farag, Mourad Makram, Mariam Alkhosht, Asmaa Galal, and Mohamed Mamdouh. The first seven episodes of the 10 part series are available to stream on Shahid.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube 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=\"579974\" 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           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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-uik1rpl\" data-v=\"4\" data-block-id=\"uik1rpl\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-uik1rpl-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-uik1rpl-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" 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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\" 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markets are doing on 29 November, 2022                        <\/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\/2022\/11\/29\/what-the-markets-are-doing-on-29-november-2022\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Local investors were net buyers. The index is up 10.3% YTD.<\/p>\n<p><strong>In the green: <\/strong>QNB Alahli (+6.4%), Credit Agricole Egypt (+5.5%) and Housing and Development Bank (+4.7%).<\/p>\n<p><strong>In the red: <\/strong>Juhayna (-1.5%), Mopco (-0.9%) and AMOC (-0.9%).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"579976\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"579976\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/29\/579976\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-579976\" class=\"content-area-description single-story post-579976 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/palmhillsdevelopments.com\/OurDevelopments\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/4\/CLeo-enterprise-1600px-02-1.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"579977\" 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=\"579977\">\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\">Founder of the Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/29\/meet-our-founder-of-the-week-untap-technologies-sabrine-assem\/\">\r\n                            Meet our founder of the week: Untap Technologies\u2019 Sabrine Assem                        <\/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\/2022\/11\/29\/meet-our-founder-of-the-week-untap-technologies-sabrine-assem\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Speaking to us this week is Sabrine Assem (<a href=\"https:\/\/www.linkedin.com\/in\/sabrineassem?originalSubdomain=eg\">LinkedIn<\/a>), founder of the all-in-on competition management platform for innovation-driven organizations, <a href=\"https:\/\/untapcompete.com\">Untap Technologies<\/a>.<\/p>\n<p><strong>My name is Sabrine Assem and I\u2019m the founder of Untap Technologies.<\/strong> I\u2019m a 35-year-old Alexandria native. I graduated from GUC with a bachelor\u2019s in information systems and innovative technology, and I hold a master\u2019s degree in digital innovation and information systems from the UK\u2019s <a href=\"https:\/\/www.wbs.ac.uk\">Warwick Business School<\/a>. I began teaching at GUC in 2010, where I worked for three years before founding my first company, Solvermine, which failed due to many external factors. Afterwards, I worked as a consultant for the German Arab Chamber of Commerce and the German Ministry of Economic Affairs right before launching Untap Technologies in 2019.<\/p>\n<p><strong>I first came up with the idea for Untap Technologies when I was approached by Dell Technologies as an innovation consultant.<\/strong> They needed support in managing and streamlining the process for a new regional student competition for graduation projects across the MENA region, Africa, and Turkey. So we launched Untap Technologies as a competition management platform. We created software that enables organizations to easily and quickly plan, launch, and manage online innovation challenges, creative contests, hackathons, grants, scholarships, and basically anything that requires application handling.<\/p>\n<p><strong>Untap Technologies offers a streamlined holistic experience that goes beyond just providing software.<\/strong> We provide content, templates, and try to find communities of participants that fit the purpose of the program and its outreach plan \u2014 through initial filtration and overall support to make sure the program is successful. Our services also cover publicizing and collecting applications, as well as partially automated initial filtration. We also cover the screening process and the evaluation process.<\/p>\n<p><strong>Our work with Dell Technologies is a success story<\/strong>, having covered eight editions called Envision the Future. We ran alongside it several hackathons and virtual hiring events, summer internship programs and innovation challenges. We powered over 150 programs so far, ranging from a creative design contest in Australia, to the biggest photography contest in the world happening in the UK. We also power innovation challenges and pressing issues-related programs for the Saudi government.<\/p>\n<p><strong>I was always inspired to establish my own company.<\/strong> My first-ever visit to Silicon Valley when I was quite young gave me the chance to learn about the startup ecosystem, and convinced me that I should pursue entrepreneurship. During my master\u2019s studies, I learned more about the concept of open innovation, which prompted me to create Solvermine.<\/p>\n<p><strong>I gave up a lot of freedom and the stability of working for an established institution <\/strong>while founding my own business. However, I was so passionate about the idea and what it was trying to solve that I declined all of the offers that came my way. I gave up the potential to explore other opportunities, my mental health and well-being, and sacrificed a lot of my quality time with family as well.<\/p>\n<p><strong>The best part of my job is my team.<\/strong> I also enjoy working closely with customers and brainstorming to generate the best programs possible. <strong>The worst part of my job is the administrative work<\/strong>, like working with legal papers.<\/p>\n<p><strong>If I could give someone starting their own business just one piece of advice, I would tell them to practice listening.<\/strong> When you listen and pay attention, you automatically grow from your side and give the person speaking \u2014 whether it\u2019s a team member or customer \u2014 the kind of attention that they would appreciate. There is always someone out there to learn something from if you are a great listener.<\/p>\n<p><strong>When I\u2019m facing a difficult problem at work, I always turn to my partners and investors for advice<\/strong>. However, on a daily basis, I always solve issues with my teammates, especially with our chief growth officer, <a href=\"https:\/\/www.linkedin.com\/in\/maggieadel\/\">Maggie Adel<\/a>. She's been a true asset to Untap since 2019.<\/p>\n<p><strong>So far, Untap has successfully raised USD 670k, and our main investors include <\/strong><a href=\"https:\/\/www.flat6labs.com\/Location\/egypt\/\">Flat6labs<\/a>, <a href=\"https:\/\/www.linkedin.com\/in\/loay-el-shawarby-53733810\/\">Loay El Shawarby<\/a>, <a href=\"https:\/\/oceanx.sa\/en\/\">Ocean X<\/a>, <a href=\"https:\/\/www.techstars.com\">Techstars<\/a>, <a href=\"https:\/\/www.linkedin.com\/in\/faisal-al-abdulsalam\/\">Faisal Al Abulsalam<\/a>, <a href=\"https:\/\/www.linkedin.com\/in\/fouad-alnazawi-a1175712\/\">Fouad Alnazawi<\/a>, <a href=\"https:\/\/www.linkedin.com\/in\/alqahtanialis\/\">Ali Alqahtani<\/a>, and <a href=\"https:\/\/www.linkedin.com\/in\/ibraheem-alzuhimeel-a61a8416\/\">Ibrahim Alzuhimee<\/a>l. We are also working with a leading innovation consulting firm in Saudi, but we won\u2019t be able to disclose any more information until we sign the agreement.<\/p>\n<p><strong>The three most important KPIs we look<\/strong> <strong>at<\/strong> are cash flow, customer acquisition and the number of leads we have in our pipeline. We also look at the number of programs we launch per week, the converts we pay and the engagement level. We have a dashboard that monitors everything related to the business.<\/p>\n<p><strong>We are not looking to raise soon<\/strong>. Once we receive the ongoing funding with the leading consultancy firm in Saudi, we are planning to take a break to work and focus on the business for six to eight months before starting our fundraising efforts around July 2023.<\/p>\n<p><strong>If I were to exit my business tomorrow, I would do it through an acquisition by an innovation consultancy<\/strong>. I would also stay on as an employee as I\u2019m passionate about Untap\u2019s concept, regardless of having majority shares.<\/p>\n<p><strong>It took my family a while to get on board with the concept of founding my own business<\/strong>. However, now that I have launched Untap and it proved to be a success, they are very supportive.<\/p>\n<p><strong>If I hadn't started Untap Technologies, I probably would have built another business.<\/strong> Since I have a strong passion for education, working in edtech or teaching seems like something I would have done.<\/p>\n<p><strong>I believe that <\/strong><strong><a href=\"https:\/\/www.instabug.com\">Instabug<\/a><\/strong><strong> is killing it.<\/strong> The fact that they went through so many challenges since 2012 and came out stronger than before is something that inspires me everyday.<\/p>\n<p><strong>If I only had enough money to do one thing<\/strong>, I would invest in the company, particularly in the product itself.<\/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\/founder-of-the-week\/\">FOUNDER OF THE WEEK<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sabrine-assem\/\">Sabrine Assem<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/untap-technologies\/\">Untap Technologies<\/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=\"579979\" 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\/2022\/11\/29\/579979\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-579979\" class=\"content-area-description single-story post-579979 post type-post status-publish format-standard hentry category-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><strong>NOVEMBER<\/strong><\/p>\n<p>20 November-18 December (Sunday-Sunday): 2022 Fifa World Cup, Qatar.<\/p>\n<p>27-30 November (Sunday-Wednesday): <a href=\"https:\/\/cairoict.com\/\">Cairo ICT<\/a> and Pafix, Egypt International Exhibition Center, New Cairo.<\/p>\n<p><strong>DECEMBER<\/strong><\/p>\n<p>1 December (Thursday): Sphinx International Airport <a href=\"https:\/\/bit.ly\/3UdDqDB\">will begin operating<\/a> international flights.<\/p>\n<p>1 December (Thursday): Contractors to <a href=\"https:\/\/www.youm7.com\/5964288\">break ground<\/a> on Egypt-Saudi interconnection project.<\/p>\n<p>2-3 December (Thursday-Saturday): <a href=\"https:\/\/www.biznex-expo.com\/\">BiznEX<\/a> kicks off at Mamsha Ahl Misr.<\/p>\n<p>3 December (Saturday): Dior Men\u2019s pre-fall collection show in Giza.<\/p>\n<p>4 December (Sunday): House back in session.<\/p>\n<p>4 December (Sunday): OPEC+ meeting.<\/p>\n<p>5-8 December (Monday-Thursday): QS <a href=\"https:\/\/www.reimagine-education.com\/agenda\/\">Reimagine Education Awards and Conference<\/a>, multiple locations.<\/p>\n<p>5-7 December (Monday-Wednesday): <a href=\"https:\/\/foodafrica-expo.com\/\">Food Africa 2022<\/a> kicks off at Egypt International Exhibitions Center.<\/p>\n<p>6 December (Tuesday): <a href=\"https:\/\/climatexforum.enterprise.press\/\">Enterprise Climate X Forum<\/a>, Grand Egyptian Museum.<\/p>\n<p>7 December (Wednesday): <a href=\"https:\/\/events.euromoney.com\/event\/3bd9d782-7c1b-47db-85de-840ccd977928\/summary\">Euromoney Egypt 2022<\/a>conference<\/p>\n<p>10 December (Saturday): The TriFactory\u2019s <a href=\"https:\/\/www.thetrifactory.com\/pyramidshalfmarathon\">Pyramids Half Marathon<\/a>.<\/p>\n<p>10-12 December (Saturday-Monday): The 2nd edition of the <a href=\"https:\/\/www.facebook.com\/NebuGoldExpo\/\">Nebu Expo for Gold and Jewelry<\/a>kicks off.<\/p>\n<p>13-14 December (Tuesday-Wednesday): Federal Reserve interest rate meeting.<\/p>\n<p>13-15 December (Tuesday-Thursday): US-Africa Leaders Summit.<\/p>\n<p>15 December (Thursday): European Central Bank monetary policy meeting.<\/p>\n<p>20 December (Tuesday): EGX-listed Pachin will <a href=\"https:\/\/ent.news\/2022\/11\/Pachin-general-assembly.pdf\">brief shareholders<\/a> on offers received to acquire the company in an ordinary general assembly.<\/p>\n<p>22 December (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>December: The Sixth of October dry port <a href=\"https:\/\/bit.ly\/3u3uB4u\">will begin operations<\/a>.<\/p>\n<p>December: Egyptian Automotive Summit.<\/p>\n<p>December: Egypt to <a href=\"https:\/\/bit.ly\/3bVoWYy\">expand Sudan electricity link capacity<\/a> to 300 MW.<\/p>\n<p>December: Chinese President Xi Jinping <a href=\"https:\/\/www.reuters.com\/business\/cop\/trade-security-agenda-xi-visit-saudi-arabia-saudi-minister-2022-11-12\/\">visit<\/a>to Saudi Arabia<\/p>\n<p><strong>JANUARY 2023<\/strong><\/p>\n<p>January: EGX-listed companies and non-bank lenders will submit ESG reports for the first time.<\/p>\n<p>January: Fuel pricing committee meets to decide quarterly fuel prices.<\/p>\n<p>January: Infinity + Africa Finance Corporation to close acquisition of Lekela Power.<\/p>\n<p>1 January (Sunday): Use of Nafeza <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/381373340699759\">becomes compulsory<\/a> for air freight.<\/p>\n<p>1 January (Sunday): Residential electricity bills are set to rise as per the government\u2019s <a href=\"https:\/\/ent.news\/2020\/6\/%D8%A7%D9%84%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%89-%D9%84%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D9%84%D9%84%D8%AE%D9%85%D8%B3-%D8%B3%D9%86%D9%88%D8%A7%D8%AA-%D8%A7%D9%84%D9%82%D8%A7%D8%AF%D9%85%D8%A9-9-6-2020-1.pdf\">six-year roadmap (pdf)<\/a> to restructure electricity prices by 2025.<\/p>\n<p>7 January (Saturday): Coptic Christmas.<\/p>\n<p>24 January-6 February: The 54th Cairo International Book Fair, Egypt International Exhibition Center<\/p>\n<p>25 January (Wednesday): 25 January revolution anniversary \/ Police Day.<\/p>\n<p>26 January (Thursday): President El Sisi will visit India as <a href=\"https:\/\/www.mea.gov.in\/press-releases.htm?dtl\/35927\/Chief_Guest_at_Indias_Republic_Day_Celebrations_2023\">\u201cchief guest\u201d at celebrations<\/a>to mark the 74th anniversary of Indian independence.<\/p>\n<p>26 January (Thursday): National holiday in observance of 25 January revolution anniversary \/ Police Day.<\/p>\n<p>30 January-1 February (Monday-Wednesday): CI Capital\u2019s Annual MENA Investor Conference 2023, Cairo, Egypt.<\/p>\n<p><strong>FEBRUARY 2023<\/strong><\/p>\n<p>11 February (Saturday): Second semester of 2022-2023 academic year begins for public universities.<\/p>\n<p>13-15 February (Monday-Wednesday): The <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show (Egyps)<\/a>, Egypt International Exhibition Center, Cairo.<\/p>\n<p>23-27 February (Thursday-Monday): Annual Business Women of Egypt\u2019s Women for Success conference.<\/p>\n<p><strong>MARCH 2023<\/strong><\/p>\n<p>March: 4Q2022 earnings season.<\/p>\n<p>23 March (Wednesday): First day of Ramadan (TBC). Maghreb will be at 6:08pm CLT.<\/p>\n<p><strong>APRIL 2023<\/strong><\/p>\n<p>1 April (Saturday): Deadline for banks to establish sustainability unit.<\/p>\n<p>17 April (Monday): Sham El Nessim.<\/p>\n<p>22 April (Saturday): Eid El Fitr (TBC).<\/p>\n<p>25 April (Tuesday): Sinai Liberation Day.<\/p>\n<p>27 April (Thursday): National holiday in observance of Sinai Liberation Day (TBC).<\/p>\n<p>Late April \u2013 15 May: 1Q2023 earnings season.<\/p>\n<p><strong>MAY 2023<\/strong><\/p>\n<p>1 May (Monday): Labor Day.<\/p>\n<p>4 May (Thursday) National holiday in observance of Labor Day (TBC).<\/p>\n<p>22-26 May (Monday-Friday): Egypt <a href=\"https:\/\/www.afdb.org\/en\/news-and-events\/press-releases\/african-development-bank-group-concludes-annual-meetings-governors-endorse-banks-vision-next-10-years-51974#:~:text=The%20new%20Board%20of%20Governors,from%2022%2D26%20May%202023.\">will host<\/a> the African Development Bank (AfDB) annual meetings in Sharm El Sheikh.<\/p>\n<p><strong>JUNE 2023<\/strong><\/p>\n<p>19-21 June (Monday-Wednesday) Egypt Infrastructure and Water Expo <a href=\"https:\/\/ent.news\/2022\/9\/Announcement__EGYPT_INFRASTRUCTURE_AND_WATER_EXPO_LAUNCHES_JUNE_2023.pdf\">debuts<\/a> at the Egypt International Exhibition Center.<\/p>\n<p>28 June-2 July (Wednesday-Sunday): Eid El Adha (TBC).<\/p>\n<p>30 June (Friday): June 30 Revolution Day.<\/p>\n<p><strong>JULY 2023<\/strong><\/p>\n<p>18 July (Tuesday): Islamic New Year.<\/p>\n<p>20 July (Thursday): National holiday in observance of Islamic New Year (TBC).<\/p>\n<p>23 July (Sunday): Revolution Day.<\/p>\n<p>27 July (Thursday): National holiday in observance of Revolution Day.<\/p>\n<p>Late July-14 August: 2Q2023 earnings season.<\/p>\n<p><strong>SEPTEMBER 2023<\/strong><\/p>\n<p>26 September (Tuesday): Prophet Muhammad\u2019s birthday (TBC).<\/p>\n<p>28 September (Thursday): National holiday in observance of Prophet Muhammad\u2019s birthday (TBC).<\/p>\n<p><strong>OCTOBER 2023<\/strong><\/p>\n<p>6 October (Friday): Armed Forces Day.<\/p>\n<p>Late October-14 November: 3Q2023 earnings season.<\/p>\n<p><strong>EVENTS WITH NO SET DATE <\/strong><\/p>\n<p>2H 2022: The inauguration of the Grand Egyptian Museum.<\/p>\n<p>2H 2022: <a href=\"https:\/\/www.ief.org\/news\/egypt-to-host-8th-ief-igu-ministerial-gas-forum-in-2022\">IEF-IGU Ministerial Gas Forum<\/a>, Egypt. Date + location TBA.<\/p>\n<p>2H 2022: The government will have vaccinated 70% of the population.<\/p>\n<p>3Q 2022: Ayady\u2019s consumer financing arm, The Egyptian Company for Consumer Finance Services, to release its first financing product.<\/p>\n<p>3Q 2022: Swvl to close <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53e17b15-78b9-421a-81f5-9d3d5ee0227d\">acquisition of<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53e17b15-78b9-421a-81f5-9d3d5ee0227d\">Urbvan<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53e17b15-78b9-421a-81f5-9d3d5ee0227d\">Mobility<\/a>.<\/p>\n<p>End of December\/early January: SFE\u2019s pre-IPO fund <a href=\"https:\/\/www.alborsaanews.com\/2022\/11\/20\/1599698\">to kick off<\/a>roadshow.<\/p>\n<p>4Q 2022: Electricity Ministry to tender six solar projects in Aswan Governorate.<\/p>\n<p>4Q 2022: Raya Holding subsidiary Aman and Qalaa Holdings\u2019 Taqa Arabia to launch their fintech company.<\/p>\n<p>4Q 2022: Saudi Arabia\u2019s Jamjoom Pharma to <a href=\"https:\/\/bit.ly\/3R7SGzP\">inaugurate its EGP 1 bn pharma factory<\/a> in El Obour.<\/p>\n<p>End of 2022: Decent Life first phase scheduled for completion.<\/p>\n<p>End of 2022: e-Aswaaq\u2019s tourism platform will complete the roll out of its ticketing and online booking portal across Egypt.<\/p>\n<p>2023: Egypt <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/380561820780911\">will host<\/a> the Asian Infrastructure Investment Bank\u2019s Annual Meeting of the Board of Governors in 2023.<\/p>\n<p>1Q 2023: Adnoc Distribution\u2019s acquisition of 50% of TotalEnergies Egypt to close.<\/p>\n<p>1Q 2023: Internal trade database to <a href=\"https:\/\/hapijournal.com\/?p=212185\">launch<\/a>.<\/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":579963,"template":"","categories":[],"tags":[],"class_list":["post-579962","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"cd29377d-8804-45bc-b8de-b72bcc243b7d","teaser":"","photo_url":"https:\/\/ent.news\/2022\/11\/745.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>Is invisibility a fate worse than failure? 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