{"id":580172,"date":"2022-12-12T13:26:54","date_gmt":"2022-12-12T13:26:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=580172"},"modified":"2025-12-16T12:19:43","modified_gmt":"2025-12-16T12:19:43","slug":"the-allure-of-immortality","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/the-allure-of-immortality\/","title":{"rendered":"The allure of immortality"},"content":{"rendered":"<section id=\"580174\" 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=\"580174\">\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\/12\/12\/this-evening-pif-could-acquire-united-bank-this-month-for-usd-600-mn\/\">\r\n                            THIS EVENING: PIF could acquire United Bank this month for USD 600 mn                        <\/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\/12\/12\/this-evening-pif-could-acquire-united-bank-this-month-for-usd-600-mn\/\" 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\/12\/12\/this-evening-pif-could-acquire-united-bank-this-month-for-usd-600-mn\/')\">\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\/12\/12\/this-evening-pif-could-acquire-united-bank-this-month-for-usd-600-mn\/\">\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: PIF could acquire United Bank this month for USD 600 mn&url=https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/this-evening-pif-could-acquire-united-bank-this-month-for-usd-600-mn\/\">\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\/12\/12\/this-evening-pif-could-acquire-united-bank-this-month-for-usd-600-mn\/&title=THIS EVENING: PIF could acquire United Bank this month for USD 600 mn\">\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+PIF+could+acquire+United+Bank+this+month+for+USD+600+mn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F12%2F12%2Fthis-evening-pif-could-acquire-united-bank-this-month-for-usd-600-mn%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\/12\/12\/this-evening-pif-could-acquire-united-bank-this-month-for-usd-600-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/688.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"580175\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/this-evening-pif-could-acquire-united-bank-this-month-for-usd-600-mn\/688-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/688.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"688.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/688.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/688.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-580174\" class=\"content-area-description single-story post-580174 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-enterprisepm tag-saudi-arabia tag-united-bank 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, friends.<\/strong> That busy news flow we\u2019ve been signposting since yesterday morning is taking shape with some big news coming in here at home.<\/p>\n<p><strong>THE BIG STORY TODAY<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Saudi Arabia\u2019s sovereign wealth fund could close in on a USD 600 mn<\/strong><strong> acquisition of state-owned United Bank as soon as this month<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-12-12\/saudi-wealth-fund-in-talks-to-buy-egyptian-bank-for-about-600-million?srnd=premium-middle-east&leadSource=uverify%20wall\">Bloomberg<\/a> reports, citing sources it says have knowledge of the matter. The Public Investment Fund (PIF) is nearly done with due diligence on the transaction, and plans to purchase the bank through its Egypt-based investment vehicle, the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/358b6591-3db7-4fa1-bb2f-de2e69e31cc8\">Saudi Egyptian Investment Company<\/a>, the business news service reports.<\/p>\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><strong>The international business press has another mixed bag type of afternoon<\/strong>, with no single story dominating headlines. Among the stories getting front-page coverage: Microsoft purchased a 4% stake in the London Stock Exchange Group and will help provide data and analytics infrastructure for the bourse as part of a 10-year partnership (<a href=\"https:\/\/www.cnbc.com\/2022\/12\/12\/microsoft-buys-near-4percent-stake-in-london-stock-exchange-and-launches-10-year-partnership.html\">CNBC<\/a>); Aramco is in the market for investors for a planned USD 110 bn gas development project (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-12-12\/aramco-is-said-to-approach-investors-on-110-billion-gas-project?srnd=premium-middle-east\">Bloomberg<\/a>); Credit Suisse extended a USD 140 mn loan to doomed financial services company Greensill Capital and accepted \u201csuspicious\u201d invoices claiming non-existent business activities (<a href=\"https:\/\/www.ft.com\/content\/595c3c7e-8652-45da-87eb-ca70da3b1b8f\">Financial Times<\/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>Gulf sovereign wealth funds <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/96fed7db-89ef-4e9d-9cd3-f7ef12107175\">are among 28 bidders<\/a><\/strong><strong> vying for contracts to build the 21 desalination plants<\/strong> the government is tendering to the private sector, Atter Hannoura, director of the Finance Ministry\u2019s PPP unit, told Enterprise.<\/li>\n<li><strong>Shop owners won\u2019t be able to go legit without getting security clearance:<\/strong> Almost all shops required to go legit under the newly-introduced Public Shops Act <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/20b4f6f1-7a55-4aec-8338-26c7870fc2a9\">won\u2019t be granted licenses<\/a> unless they receive security approvals.<\/li>\n<li><strong>Make local investors happy and the foreigners will come, says Moataz Sedky, general manager of Travco Holidays:<\/strong> After reading our five-step recipe for turning Egypt into a global export hub and FDI magnet, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ba2f6472-f2fe-495f-8889-3d0e6957c1c5\">Travco Holidays\u2019 Moataz Sedky<\/a> tells us why he thinks improving the investment climate for local investors is critical to attract FDI from international investors.<\/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>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong><a href=\"https:\/\/enactusegypt.org\/\">Enactus Egypt<\/a><\/strong><strong> and the <\/strong><strong><a href=\"https:\/\/www.citigroup.com\/citi\/foundation\/\">Citi Foundation<\/a><\/strong><strong> launched the second phase of social <\/strong><strong>entrepreneurship program Impact@Work<\/strong>, according to a <a href=\"https:\/\/ent.news\/2022\/12\/Impact@Work-EN-PRL.pdf\">press release (pdf)<\/a>. Some 54 university teams representing 9.7k students from various governorates will participate in the competition in July 2023 to demonstrate their efforts in generating a social impact based on their entrepreneurial ideas. The winning team will compete in the Enactus World Cup in the Netherlands in October 2023.<\/p>\n<p><strong>PSA- Companies have until Thursday to register with the Tax Authority\u2019s e-invoicing <\/strong><strong>system.<\/strong> Only 150k companies had signed up to the new system ahead of the previous deadline of 15 December, according to the Tax Authority\u2019s most recent <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b338d2e-7242-4675-8656-d831457321b3\">tally<\/a> at the end of November, which is well below a sought goal of 1 mn companies to register under the system.<\/p>\n<p><strong>REMEMBER- This deadline no longer applies to the self-employed:<\/strong> The Finance Ministry <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2bf798f1-37dd-4862-b1eb-536f8c97a47f\">pushed the deadline<\/a> for self-employed professionals \u2014 including doctors, pharmacists and lawyers \u2014 to 30 April 2023 after <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f4811d17-4f27-4d5b-afef-3cbec01f797b\">widespread opposition<\/a> to the system.<\/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>Expect a mainly sunny day tomorrow with a daytime high of 23\u00b0C and a nighttime low of 15\u00b0C, according to our favorite weather app.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/united-bank\/\">United Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"580176\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"580176\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/580176\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-580176\" class=\"content-area-description single-story post-580176 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class='web-image'><a href='https:\/\/www.mashreqbank.com\/en\/egypt\/personal\/'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/1600-x-768.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"580177\" 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=\"580177\">\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\/12\/12\/controversy-surrounds-ai-generated-portraits-microsoft-holds-out-as-best-managed-company-in-2022\/\">\r\n                            Controversy surrounds AI-generated portraits + Microsoft holds out as best-managed company in 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 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/689.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"689.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/689.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/689.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-580177\" class=\"content-area-description single-story post-580177 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-ai tag-employment tag-enterprisepm tag-for-your-commute tag-health tag-lifestyle tag-microsoft 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>AI selfies are the new hot new thing, but it comes with controversy: <\/strong>If you\u2019re an Instagram user, you\u2019ve probably seen tons of your friends sharing some pretty celestial AI-generated selfies. Thanks to a new feature from photo and video editing app <a href=\"http:\/\/lensa\">Lensa<\/a>, you can upload eight to 10 photos from various angles and generate a number of portraits including anime characters, cyborgs, and fairy princesses. The trendy new feature launched Lensa to the top of the Apple and Google store downloads \u2014 netting an astounding 4 mn downloads during the first five days of December, the <a href=\"https:\/\/www.washingtonpost.com\/technology\/2022\/12\/08\/lensa-ai-portraits\/\">Washington Post<\/a> writes, citing data from Sensor Towers.<\/p>\n<p><strong>Here\u2019s the catch: <\/strong>Not all the AI-generated portraits were flattering. Some users ended up with images of themselves disfigured, while others received topless images when they submitted full-body shots. The viral trend has added fuel to the great debate surrounding social media and unrealistic beauty standards as the AI portraits often depict users as thinner and younger. From an artistry angle \u2014 due to the app\u2019s AI mining a <a href=\"https:\/\/www.wsj.com\/articles\/lensa-ai-avatars-women-11670705062?mod=hp_listc_pos3\">database of images online<\/a> to produce its art \u2014 an even bigger question looms over the impact on artists who make their living off commissions. Many complaints have been made about the nature of the application\u2019s low cost and accessibility threatening their livelihood, <a href=\"https:\/\/edition.cnn.com\/style\/article\/lensa-ai-app-art-explainer-trnd\/index.html\">CNN<\/a> reports.<\/p>\n<hr class=\"grey-line\">\n<p><strong>A vigorous routine can increase your life expectancy: <\/strong>Researchers found that picking up the pace and exerting more effort during daily activities \u2014 like washing the dishes, cycling, and playing with children \u2014 leading to a higher oxygen intake, an elevated heart rate and a higher rating of perceived exertion can increase your lifespan, according to a <a href=\"https:\/\/www.nature.com\/articles\/s41591-022-02100-x\">Nature Medicine<\/a> study.<\/p>\n<p><strong>The results are striking: <\/strong>A week long experiment carried out on 25k participants found that carrying out strenuous physical activity for 1-2 minutes three or four times a day lowers your risk of dying by 30-40% and dying from cardiovascular diseases by 48-49%. Participants\u2019 results were measured using wearable devices that classify physical activity intensity.<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Microsoft tops best-managed companies in 2022 \u2014 despite most tech companies <\/strong><strong>losing their top spots: <\/strong>Microsoft retained the top spot for the third year in a row on the <a href=\"https:\/\/www.wsj.com\/articles\/best-managed-companies-2022-11670621928\">Wall Street Journal\u2019s Management Top 250 list<\/a> in 2022, while other tech giants saw their rankings fall amid this year\u2019s tech rout. Coming in second were Apple and IBM, while General Motors and Whirlpool rounded out the top five. Tech giants like Facebook parent Meta, Amazon, Alphabet and Uber have all dropped in this year\u2019s ranking, as revenue growth slowed and customer satisfaction fell. Automotive companies posted big gains which the Drucker Institute \u2014 responsible for creating the ranking \u2014 attributes to the focus on EVs.<\/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\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/employment\/\">employment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/lifestyle\/\">lifestyle<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/microsoft\/\">microsoft<\/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=\"580179\" 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=\"580179\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/580179\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-580179\" class=\"content-area-description single-story post-580179 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.palmhillsdevelopments.com\/en-us\/home'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/Palm-Hills-The-Crown-web-dec-22.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=\"580180\" 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=\"580180\">\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\/12\/12\/will-smith-is-back-for-a-shot-at-his-next-oscar-with-emancipation\/\">\r\n                            Will Smith is back for a shot at his next Oscar with Emancipation                        <\/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\/12\/12\/will-smith-is-back-for-a-shot-at-his-next-oscar-with-emancipation\/\" 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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Directed by Antoine Fuqua and shot in black and white, the film follows Peter as he is snatched from a plantation, separated from his family, and put to work laying railway tracks. He hears that President Abraham Lincoln issued the Emancipation Proclamation and plots to reach the Union Army in Baton Rouge for a shot at freedom. He escapes through the Louisiana swamps, battling an alligator and dodging a slave hunter with scent-sniffing hounds. The long-awaited movie was pushed several times due to controversy surrounding Smith\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/125a6b76-79b2-49ab-8bde-9aefcf12201f\">slapgate<\/a> incident at last year\u2019s Oscars, but has been released just in time to be considered for an Oscar nomination. (Yes, Smith is still eligible for nomination even though he was banned from attending the ceremony for 10 years.)<\/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=\"580185\" 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 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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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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=\"580186\" 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=\"580186\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">GO WITH THE FLOW<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/what-the-markets-are-doing-on-12-december-2022\/\">\r\n                            What the markets are doing on 12 December, 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\/12\/12\/what-the-markets-are-doing-on-12-december-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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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\/12\/12\/what-the-markets-are-doing-on-12-december-2022\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-580186\" class=\"content-area-description single-story post-580186 post type-post status-publish format-standard hentry category-go-with-the-flow tag-egx tag-enterprisepm tag-go-with-the-flow wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The EGX30 rose 0.9% at today\u2019s close<\/strong> on turnover of EGP 2.5 bn (75.9% above the 90-day average). Regional investors were net buyers. The index is up 23.2% YTD.<\/p>\n<p><strong>In the green: <\/strong>Qalaa Holding (+8.7%), Sidi Kerir Petrochemicals (+6.3%) and Telecom Egypt (+3.3%).<\/p>\n<p><strong>In the red: <\/strong>CIRA Education (-2.6%), GB Auto (-2.4%) and Cleopatra Hospitals (-2.3%).<\/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=\"580187\" 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=\"580187\">\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\">WELLNESS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/do-we-really-want-to-live-forever\/\">\r\n                            Do we really want to live forever?                        <\/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\/12\/12\/do-we-really-want-to-live-forever\/\" 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\/12\/12\/do-we-really-want-to-live-forever\/')\">\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\/12\/12\/do-we-really-want-to-live-forever\/\">\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=Do we really want to live forever?&url=https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/do-we-really-want-to-live-forever\/\">\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\/12\/12\/do-we-really-want-to-live-forever\/&title=Do we really want to live forever?\">\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=Do+we+really+want+to+live+forever%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2022%2F12%2F12%2Fdo-we-really-want-to-live-forever%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\/12\/12\/do-we-really-want-to-live-forever\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/691.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"580188\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/do-we-really-want-to-live-forever\/691-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/691.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"691.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/691.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/691.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-580187\" class=\"content-area-description single-story post-580187 post type-post status-publish format-standard has-post-thumbnail hentry category-wellness tag-enterprisepm tag-health tag-science tag-wellness 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>An elixir of life is probably beyond our reach \u2014 but how much further can we extend our<\/strong><strong> lives?<\/strong> Modern advances in healthcare, sanitation and personal hygiene have significantly extended the life expectancy of the average person living in 2022. Over the last 120 years alone, the global average expectancy has <a href=\"https:\/\/ourworldindata.org\/life-expectancy\">more than doubled<\/a> to above 70 years.<\/p>\n<p><strong>But how much longer can a person live?<\/strong> That\u2019s the objective of research into aging, which has taken off in recent years as researchers strive to make meds that can delay, halt, or even reverse the aging process in people using the life-prolonging discoveries made in animal trials, <a href=\"https:\/\/www.wsj.com\/articles\/can-you-fight-aging-scientists-are-testing-drugs-to-help-11641913275\">the Wall Street Journal<\/a> reports. Other self-proclaimed biohackers have taken the matter into their own hands following strict eating, sleeping, exercise, and supplement regimens that they claim will extend their life expectancy and could even reverse aging, according to the <a href=\"https:\/\/www.theguardian.com\/commentisfree\/2022\/nov\/26\/live-to-100-diet-lentil-broccoli-rich-immortality\">Guardian<\/a>.<\/p>\n<p><strong>Do people even want to live to 100? <\/strong>It depends on who you ask. A recent <a href=\"https:\/\/www.ipsos.com\/en-uk\/one-seven-britons-expect-live-be-100-years-old-down-third-2019\">Ipsos survey<\/a> in the UK found that younger respondents were more likely to want to live to 100 than older people, who were more likely to have had more exposure to the effects of old age. Men also were more enthusiastic about the prospect of being alive for a century than women, with 43% of men wanting to live to 100, compared to only 28% of women. Although the poll doesn\u2019t indicate why, one theory is perhaps since men have lower life expectancies, they are less likely to take long lifespans for granted. One specific cohort seems especially determined to live past 100: Wealthy men.<\/p>\n<p><strong>Silicon Valley tech bros, obsessed with extending their lifespans, have adopted rigorous lifestyles:<\/strong> Twitter founder and long-time biohacker Jack Dorsey eats just one meal a day and a morning concoction of water, lemon, and Himalayan salt. Entrepreneur and VC founder Bryan Johnson blends together lentils broccoli and mushrooms for breakfast, and consistently monitors his organs with hospital-grade medical equipment and adheres to a strict exercise regime. Johnson\u2019s VC firm <a href=\"https:\/\/osfund.co\/\">OS fund<\/a>, which invests in early-stage science and technology companies, is one of the several VCs that have collectively invested USD bns into biotech companies. Most of USD 4.4 bn invested in the last five years has gone to <a href=\"https:\/\/altoslabs.com\/\">Altos Labs<\/a>, which focuses on cellular rejuvenation programming to restore cell health to reverse disease.<\/p>\n<p><strong>Biohackers unite at a posh longevity Swiss conference: <\/strong>The first in-person <a href=\"https:\/\/www.longevityinvestors.ch\/\">Longevity Investors Conference<\/a> took place a few months ago in Gstaad, an upmarket resort in the Swiss Alps, according to the <a href=\"https:\/\/www.technologyreview.com\/2022\/11\/16\/1063300\/billion-dollar-mega-rich-live-forever\/\">MIT Technology Review<\/a>. The highly exclusive event had just 150 people in attendance, 120 of whom were investors prepared to invest mns or even bns in the longevity project. Several prospective attendees that were willing to pay the USD 4.5k ticket were turned down for not meeting this criteria. Over the course of the conference, researchers, scientists and founders of biotech companies all vying for investments presented their methods of elongating the amount of years people live in good health.<\/p>\n<p><strong>One common practice among conference attendees and people interested in living long healthy lives at large is taking supplements.<\/strong> One of the conference\u2019s co-organizers takes NMN, a supplement intended to increase levels of NAD+, which helps provide cells with energy, a \u201cbooster\u201d supplement that contains resveratrol, a chemical found in berries and red wine praised for its anti-aging properties, every day. While both are marketed and sold as longevity-boosting supplements,there are no studies suggesting that they elongate lifespans. Supplements, unlike medicine, are less regulated and do not need FDA approval to be sold in the US so long as they do not claim to treat or cure diseases.<\/p>\n<p><strong>These supplements can ironically end up causing harm: <\/strong>Nir Barzilai, director of the Institute for Aging Research at Albert Einstein College of Medicine, used to just think that they were useless but harmless, but has grown more concerned about what new supplements created to target functions associated with aging are doing. Barzilai is also concerned about how the multitudes of supplements people are taking are interacting with each other, given the lack of research on the matter. Evelyne Bischof of the Shanghai University of Medicine, a medical doctor that changed her focus from oncology and internal medicine to longevity medicine has been treating patients that have gotten sick from taking supplements. \u201cThey came to me almost in kidney failure in their 30s, because they jumped on a very high dose of supplements and it was just not good for them,\u201d she says.<\/p>\n<p><strong>Don\u2019t hold out for a miracle drug that \u201cmakes life expectancy jump from 80 years to 150\u201d being developed anytime soon<\/strong>, despite biotech companies and academic research centers being backed by an influx of funding from VCs and the US National Institute of Aging\u2019s USD 3bn annual budget, the <a href=\"https:\/\/www.wsj.com\/articles\/can-you-fight-aging-scientists-are-testing-drugs-to-help-11641913275?mod=article_inline\">WSJ reports<\/a>. Increasing life expectancies by 10-20% past the current US 80-year average for men and women however \u201cis quite conceivable,\u201d according to Steven Austad, chair of the biology department at University of Alabama at Birmingham. There is a misconception among biohackers and the longevity obsessed that scientists are closer to achieving the jump, but in reality there are several financial, regulatory and technical obstacles impeding progress. The FDA does not classify aging as a disease, which makes obtaining approval for drugs targeting aging more complicated, instead, trials have to target specific age-related illnesses. A drug that could be taken by a sizable healthy population would have to pass a strict safety standard.<\/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\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/science\/\">science<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wellness\/\">wellness<\/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=\"580189\" 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\/12\/12\/580189\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-580189\" class=\"content-area-description single-story post-580189 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><strong>DECEMBER<\/strong><\/p>\n<p>10-12 December (Saturday-Monday): <a href=\"https:\/\/www.facebook.com\/NebuGoldExpo\/\">Nebu Expo for Gold and Jewelry<\/a>, Egypt International Exhibitions Center.<\/p>\n<p>12 December (Monday): The Egyptian Private Equity Association\u2019s healthcare summit.<\/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>16 December (Friday): IMF executive board to discuss Egypt\u2019s EFF request.<\/p>\n<p>19-20 December (Monday-Tuesday): The Arab Administrative Development Organization\u2019s<a href=\"https:\/\/www.arado.org\/Activity\/Details?Id=537954\">conference on Modern Methods in Hospital Management<\/a>, Cairo.<\/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: Egypt to <a href=\"https:\/\/bit.ly\/3bVoWYy\">expand Sudan electricity link capacity<\/a> to 300 MW.<\/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: 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>30 April (Sunday): Deadline for self-employed to register for e-invoicing.<\/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":580173,"template":"","categories":[],"tags":[],"class_list":["post-580172","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a3c3857b-08ca-4eb5-9412-c6dba190daae","teaser":"","photo_url":"https:\/\/ent.news\/2022\/12\/687.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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