{"id":583545,"date":"2023-03-12T00:00:00","date_gmt":"2023-03-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=583545"},"modified":"2025-12-16T13:35:03","modified_gmt":"2025-12-16T13:35:03","slug":"norse-god-of-gods-goes-way-back","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/norse-god-of-gods-goes-way-back\/","title":{"rendered":"Norse god of gods goes way back"},"content":{"rendered":"<section id=\"583547\" 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=\"583547\">\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\/2023\/03\/12\/this-evening-the-fra-wants-to-give-short-selling-a-boost-with-a-select-pool-of-licensed-stocks-startupland-scrambles-to-contain-silicon-valley-bank-fallout\/\">\r\n                            The FRA wants to give short selling a boost with a select pool of licensed stocks + StartupLand scrambles to contain Silicon Valley Bank fallout                        <\/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:\/\/enterpriseam.com\/egypt\/2023\/03\/12\/this-evening-the-fra-wants-to-give-short-selling-a-boost-with-a-select-pool-of-licensed-stocks-startupland-scrambles-to-contain-silicon-valley-bank-fallout\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/market-1600.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"583548\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/12\/this-evening-the-fra-wants-to-give-short-selling-a-boost-with-a-select-pool-of-licensed-stocks-startupland-scrambles-to-contain-silicon-valley-bank-fallout\/market-1600-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/market-1600.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"market-1600.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/market-1600.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/market-1600.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-583547\" class=\"content-area-description single-story post-583547 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-egx tag-enterprisepm tag-financial-regulatory-authority tag-what-were-tracking-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.92cdb501-be65-4036-992e-a85084622d4d.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Good afternoon, ladies and gentlemen, and welcome to the end of the start of the week.<\/span><span> Things are still on a relatively brisk note in the news cycle as the ripple effect of the Silicon Valley Bank continues to be felt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORY TODAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">A new lending pool to resuscitate short selling: <\/span><span style=\"\">The Financial Regulatory<\/span><span style=\"\"> Authority (FRA) is mulling launching a lending pool of stocks licensed for short selling with the EGX and <\/span><span style=\"\">Misr for Central Clearing and Depository (MCDR)<\/span><span style=\"\"> in a bid to <\/span><span style=\"\">resuscitate short selling<\/span><span style=\"\">, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.alborsaanews.com\/2023\/03\/12\/1642800\" style=\"\">Al Borsa<\/a><\/span><span style=\"\"> quotes FRA boss Mohamed Farid. MCDR would manage the potential lending pool, Farid reportedly said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORY ABROAD<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Picking up where we left off this morning, the international business press remains<\/span><span style=\"font-weight:700\"> entirely fixated on the collapse of Silicon Valley Bank<\/span><span> as depositors scramble to access their money to be able to meet payroll obligations. The story continues to top the front pages of the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/3c6551ff-9778-4713-afc5-f87ba0bb80dd\" style=\"\">Financial Times<\/a><\/span><span>, the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/articles\/wall-street-braces-for-the-next-silicon-valley-bank-956b8f03?mod=hp_lead_pos1\" style=\"\">Wall Street Journal<\/a><\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/finance\/regulators-urged-find-silicon-valley-bank-buyer-industry-frets-about-fallout-2023-03-12\/\" style=\"\">Reuters<\/a><\/span><span>, and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnbc.com\/2023\/03\/11\/silicon-valley-bank-failure-has-investors-calling-for-government-aid.html\" style=\"\">CNBC<\/a><\/span><span>.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">** CATCH UP QUICK<\/span><span style=\"\"> on the top stories from today\u2019s <\/span><span style=\"font-weight:700\">EnterpriseAM<\/span><span style=\"font-weight:400;\">:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Silicon Valley Bank collapse could squeeze dozens of high-profile local startups:<\/span><span> The implosion of Silicon Valley Bank (SVB) last week <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/12\/silicon-valley-bank-collapse-leaves-dozens-of-local-startups-in-the-lurch-99375\/\" style=\"\">has likely left<\/a><\/span><span style=\"font-weight:400;\"> scores of Egyptian startups without access to deposits they parked at the bank.<\/span><\/li>\n<li><span style=\"font-weight:700\">Inflation <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/12\/inflation-surges-to-five-and-a-half-year-high-in-february-far-above-analysts-expectations-99377\/\" style=\"\">surged to a fresh high<\/a><\/span><span style=\"font-weight:700\"> in February on the back of a record increase in food prices<\/span><span style=\"font-weight:400;\"> amid the ongoing depreciation of the EGP and higher demand going into Ramadan.<\/span><\/li>\n<li><span style=\"font-weight:700\">CBE wants advisors for United Bank sale:<\/span><span> The Central Bank of Egypt (CBE) has sent investment banks \u2014 including \u201cseveral big Western banks\u201d \u2014 <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/12\/cbe-seeks-advisors-for-united-bank-sale-99378\/\" style=\"\">a request to pitch<\/a><\/span><span style=\"font-weight:400;\"> for an advisory role in the sale of United Bank of Egypt. <\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p class=\"web-image-inner\"><img data-recalc-dims=\"1\" decoding=\"async\" style=\"display: block\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/Inside-Industry-en-WEB-1600x584-v5-03-1.jpg?ssl=1\" alt=\"enterprise\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">*** It\u2019s Inside Industry day \u2014<\/span><span style=\"font-weight:700\">your weekly briefing of all things industrial in Egypt.<\/span><span style=\"font-weight:400;\"> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">In today\u2019s issue:<\/span><span style=\"\"> Automotive industry players express their hopes for the newly-active<\/span><span style=\"font-weight:400;\"> Supreme Council for Vehicle Manufacturing and the specific issues they hope to see the council address in the industry. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">? CIRCLE YOUR CALENDAR-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Egypt is playing host to PPP MENA Forum: <\/span><span style=\"\">The two-day <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/pppmenaforum.com\/\" style=\"\">Public-Private Partnership MENA<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/pppmenaforum.com\/\" style=\"\">Forum<\/a><\/span><span> kicks off at the Nile-Ritz Carlton in Cairo on 19 March, bringing together over 300 regional and international PPP players to discuss new partnership models and projects to advance the region\u2019s socio-economic growth. Discussions held under the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0LcD6Bn3W3GLAsWcsoEtcs4HKvYUZcNh5H6FXZe3SUgA2ArfVzoLn4MPRA4QrKPdel\" style=\"\">patronage of Prime Minister Moustafa Madbouly<\/a><\/span><span style=\"font-weight:400;\"> will include policies for infrastructure projects, private funding for national projects, governance, and best practices.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400\">\u2614 <\/span><span style=\"font-weight:700\">TOMORROW\u2019S WEATHER-<\/span><span style=\"\"> Don\u2019t put away your winter wardrobe just yet \u2014 we\u2019re still<\/span><span> getting a few days of colder weather, coupled with rain or a sandstorm, depending on where you live. We\u2019re in for moderate rain tomorrow through Wednesday on the country\u2019s coasts, while Greater Cairo will see windy periods off and on throughout the week, according to our favorite weather app. Daytime highs will fall to 20-22\u00b0C from Tuesday through the end of the week, with an overnight low of 12\u00b0C on Tuesday, according to the Egyptian Meteorological Authority forecast. <\/span><\/p>\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\/financial-regulatory-authority\/\">Financial Regulatory Authority<\/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=\"583549 advertiser\" class=\"issue-section enterprise-adv\">\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=\"583549\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/12\/583549\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article 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id=\"583550\">\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\/2023\/03\/12\/norse-mythologys-god-of-gods-goes-way-back-cooks-legacy-at-apple-is-riding-on-its-new-mixed-reality-headset\/\">\r\n                            Norse mythology\u2019s god of gods goes way back + Cook\u2019s legacy at Apple is riding on its new mixed-reality headset                        <\/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     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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Odin-1600px.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"583551\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/12\/norse-mythologys-god-of-gods-goes-way-back-cooks-legacy-at-apple-is-riding-on-its-new-mixed-reality-headset\/odin-1600px-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Odin-1600px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"Odin-1600px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Odin-1600px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Odin-1600px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-583550\" class=\"content-area-description single-story post-583550 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-apple tag-archaeology tag-enterprisepm tag-for-your-commute tag-history wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.5d8b10dd-67c9-4517-b91b-ad4f672340b1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Nordic god Odin was worshiped 150 years earlier than scientists once thought:<\/span><span style=\"\"> Scientists<\/span><span> in Denmark have discovered inscriptions on a gold pendant that trace belief in the Nordic deity back to the 5th century, not the second half of the 6th century as was previously thought, according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apnews.com\/article\/gold-god-odin-norse-denmark-buried-ca2959e460f7af301a19083b6eec7df4?utm_source=ForYou&utm_medium=HomePage&utm_id=Taboola\" style=\"\">Associated Press<\/a><\/span><span>. The discovery, which is part of an archaeological treasure the scientists unearthed in 2020, is dubbed the Vindelev Hoard after the village where it was discovered, includes nearly one kilogram of gold, roman coins, and jewelry. <\/span><span>Inscriptions on gold pendants reading \u201cHe is Odin\u2019s man\u201d in the native runic alphabet reference a mysterious leader or king.<\/span><span style=\"font-weight:400;\">Not only are they \u201cone of the best executed runic inscriptions,\u201d according to expert Lisbeth Imer, they are also rare to come by. These inscriptions are therefore particularly valuable because they shed light on the Nordic people\u2019s religious beliefs, how they honored their gods, and the historical timelines through which they did so. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Who is Odin, exactly?<\/span><span style=\"\"> In Norse mythology, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/norse-mythology.org\/gods-and-creatures\/the-aesir-gods-and-goddesses\/odin\/\" style=\"\">Odin is the god of gods<\/a><\/span><span style=\"\"> \u2014 venerated but not<\/span><span> without controversy. Full of contradictions, he is the god of poetry, but also the god of war who bears no particular interest in principles of fairness and justice. An interesting feature when considering the importance of conquest in Nordic history: A topic that gained a lot of interest lately thanks to a plethora of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2022\/02\/28\/the-downfall-of-the-viking-civilization-is-captured-in-spinoff-valhalla-sweat-by-bill-hayes-explores-movement-throughout-the-ages-65975\/\" style=\"\">shows about Vikings<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">New innovation at Apple puts Cook\u2019s legacy at the forefront of the company:<\/span><span style=\"\">Tim Cook\u2019s<\/span><span> legacy at Apple may depend on the success or failure of the tech giant\u2019s first wholly new computing platform developed under his leadership, reports the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/86b99549-0648-4c23-ab6e-642a4ba51dff\" style=\"\">Financial Times<\/a><\/span><span style=\"font-weight:400;\">. Apple has seen spectacular growth under Cook, with its market capitalization ballooning to around USD 2.4 tn today from around USD 350 bn in 2011, but the company has been criticized for \u201citerating on new ground\u201d rather than breaking new ground with its products.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Enter Cook\u2019s legacy product \u2014 a mixed-reality headset:<\/span><span style=\"\"> Shaped like giant ski goggles, the<\/span><span> headset allows users to watch 3D immersive video, perform interactive workouts or chat with realistic avatars on a revamped FaceTime. Coming in at USD 3k apiece, only around 1 mn units are expected to sell in the device\u2019s first year. Apple\u2019s industrial design team have cautioned Cook to practice patience with the launch of the headset, wanting to delay until a more lightweight version is technically feasible. Cook, however, is pressing ahead with the debut, expected for June \u2014 an indicator of changing power dynamics at Apple, with the once all-powerful design team coming up short. <\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/apple\/\">Apple<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/archaeology\/\">archaeology<\/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\/history\/\">History<\/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=\"583552 advertiser\" class=\"issue-section enterprise-adv\">\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=\"583552\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/12\/583552\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-583552\" class=\"content-area-description single-story post-583552 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.palmhillsdevelopments.com\/en-us\/home\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/Palm-Hills-The-Crown-web-dec-22.jpg?ssl=1\"><\/a><\/span><\/p>\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=\"583553\" 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=\"583553\">\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\/2023\/03\/12\/2-hearts-is-an-easy-but-emotional-watch\/\">\r\n                            2 Hearts is an easy but emotional watch                        <\/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\/2023\/03\/12\/2-hearts-is-an-easy-but-emotional-watch\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The movie tells two love tales about fate bringing four individuals together despite the distance between them and their drastically dissimilar lives. 2 Hearts is based on Eric Gregory\u2019s nonfiction book All My Tomorrows: A Story of Tragedy, Transplant and Hope. The movie jumps back and forth between the individual lives of Chris, a college student, and Jorge, an affluent man, before revealing what brings them together in a profound twist of fate. <\/span><\/p>\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=\"583560\" class=\"issue-section 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256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"583561\" 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=\"583561\">\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\/2023\/03\/12\/earnings-watch-ci-capital-raya-holding\/\">\r\n                            Earnings watch: CI Capital + Raya Holding                        <\/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\/2023\/03\/12\/earnings-watch-ci-capital-raya-holding\/\" 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     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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\/2023\/03\/12\/earnings-watch-ci-capital-raya-holding\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-583561\" class=\"content-area-description single-story post-583561 post type-post status-publish format-standard hentry category-go-with-the-flow tag-ci-capital tag-egx tag-enterprisepm tag-go-with-the-flow tag-raya-holding wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.03a2997d-40ca-48d5-875d-a9b782ade89b.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">EARNINGS WATCH-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">CI Capital reported EGP 796 mn in net income after tax and minority interest in 2022<\/span><span style=\"\">,<\/span><span> rising 17% y-o-y. the company said in an <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/3\/CI-Capital-FY22-EN.pdf\" style=\"\">earnings release (<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/3\/CI-Capital-FY22-EN.pdf\" style=\"\">pdf<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/3\/CI-Capital-FY22-EN.pdf\" style=\"\">)<\/a><\/span><span>.<\/span><span> The group saw record revenues of EGP 3.9 bn during the year, up 9% y-o-y on a non-adjusted basis and up 37% y-o-y after normalizing for one-offs in 2021. The group\u2019s investment bank \u201chad another solid year having advised on multiple high-profile transactions across the ECM, DCM, and M&A space,\u201d <\/span><span style=\"font-weight:400;\">with investment banking revenues coming in at EGP 85 mn during the year.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Raya Holding\u2019s net income dropped 22.6% y-o-y in 2022 to EGP 419 mn<\/span><span style=\"\">, according to the<\/span><span> company\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/3\/Raya-Holdings-FY-2022-AR.pdf\" style=\"\">financial statements (pdf<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/3\/Raya-Holdings-FY-2022-AR.pdf\" style=\"\">)<\/a><\/span><span>.<\/span><span style=\"font-weight:400;\"> Revenues were up 21.1% y-o-y during the year to post EGP 20.4 bn. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARKET ROUNDUP-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The EGX30 fell 3.1% at today\u2019s close<\/span><span style=\"\"> on turnover of EGP 1.8 bn (11% above the 90-day<\/span><span style=\"font-weight:400;\"> average). Local investors were net buyers. The index is up 9.2% YTD.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">In the green: <\/span><span>Egypt Kuwait Holding<\/span><span style=\"font-weight:400;\"> (+0.7%).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">In the red: <\/span><span>e-Finance<\/span><span> (-7.8%), GB Auto (-7.7%) and Ezz Steel (-7.3%).<\/span><\/p>\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\/ci-capital\/\">CI Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                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              Read Inside Industry                            \r\n                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\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\">INSIDE INDUSTRY<\/p>\r\n                        <h3 class=\"story-title\"><a href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/what-the-automotive-industry-is-hoping-to-see-from-the-new-supreme-council-for-vehicle-manufacturing\/\">  \r\n                            What the automotive industry is hoping to see from the new Supreme Council for Vehicle Manufacturing<\/a>\r\n                        <\/h3>\r\n\r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" 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                      <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-583562\" class=\"content-area-description post-583562 inside_industry type-inside_industry status-publish has-post-thumbnail hentry category-inside-industry tag-automotive tag-enterprise-inside-industry tag-enterprisepm tag-inside-industry tag-manufacturing tag-supreme-council-for-vehicle-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Will the Supreme Council for Vehicle Manufacturing save the local automotive industry?<\/span><span> After the House of Representatives passed legislation <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2022\/10\/19\/is-egypt-finally-getting-serious-about-its-domestic-auto-assembly-industry-84435\/\" style=\"\">last October<\/a><\/span><span> to establish the Supreme Council for Vehicle Manufacturing \u2014 which is mandated with setting up policies for the Egyptian automotive industry, including electric vehicles \u2014 the council held its first meeting <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/02\/16\/big-steps-forward-for-our-national-automotive-strategy-97061\/\" style=\"\">last month<\/a><\/span><span style=\"font-weight:400;\">. Industry players Enterprise spoke with are hopeful that the establishment of the council will help achieve the automotive sector\u2019s most pressing goals, including saving factories on the brink of shutting down, attracting new international investors, and encouraging automotive assembly and manufacturing. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Altogether, our sources appear optimistic that 2023 will be a turning point for the<\/span><span style=\"font-weight:700\"> industry<\/span><span style=\"font-weight:400;\"> as the government rolls back import restrictions while introducing policies to encourage local and international investments in the sector. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">REFRESHER-<\/span><span style=\"\"> The council is chaired by Madbouly and also includes several cabinet ministers,<\/span><span> as well as representatives from the Customs Authority, the Federation of Egyptian Industries, and other state authorities. Private sector players \u2014 including representatives from Nissan Egypt, local auto parts manufacturer AutoTec, the African Association of Automotive Manufacturers, and German exhaust system manufacturer Boysen Egypt \u2014 have also been tapped to join the council. The launch of the council comes as the government is working to introduce its automotive strategy, the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2022\/03\/13\/a-first-look-at-the-long-awaited-automotive-strategy-bidding-for-new-ev-charging-company-management-this-week-66761\/\" style=\"\">Automotive Industry Development Program (AIDP)<\/a><\/span><span style=\"font-weight:400;\">. AIDP will provide incentives to carmakers in a bid to increase local assembly and component manufacturing here, up the sector\u2019s competitiveness to become a regional manufacturing hub, and bolster export volumes.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The industry\u2019s first priority: Save the factories that already exist.<\/span><span style=\"\"> Several facilities in Egypt<\/span><span> \u2014 including <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2022\/09\/15\/auto-assemblers-are-hurting-81247\/\" style=\"\">Al Amal Auto\u2019s BYD and Lada assembly plant<\/a><\/span><span style=\"font-weight:400;\"> \u2014 have been hurting and teetering on the brink of shutting down altogether as a result of last year\u2019s import restrictions. Al Amal\u2019s factory has been forced to scale down its operations and is now working just four days per week, with its output slashed by some 60% as a result of limited component imports, Chairman Amr Soliman told Enterprise. Resolving problems for existing assemblers would help push the wheel towards more component manufacturing, which would help create a real automotive manufacturing industry, Soliman suggested. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">But we shouldn\u2019t lose sight of the long-term goal of localizing automotive manufacturing:<\/span><span style=\"font-weight:400;\"> The future of automotive manufacturing in Egypt rests on localizing the production of automotive components, our sources stressed. The majority of automotive components and spare parts for BYD and Lada cars, for example, are imported from China, but companies could be encouraged to bring their operations to Egypt with the right set of incentives, particularly as rising global shipping costs are making it expensive to limit manufacturing hubs to countries like China. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The local industry needs to see some policy changes to thrive:<\/span><span style=\"\"> The government needs to<\/span><span style=\"font-weight:400;\"> support the automotive industry by quickly launching the long-awaited AIDP, which will, among other things, encourage international automotive companies to resume car shipments to Egyptian distributors in a more regular fashion, Soliman said. The strategy needs to introduce some tax and customs changes that would put locally assembled cars and completely knocked-down (CKD) units on the same footing as fully imported vehicles, he said. As it currently stands, CKD units are subject to development fees and customs, while there are fully imported vehicles that are imported at zero customs. Automotive players want to see automotive components imported for local assembly without being subject to the current 5-7% customs fees or the 3% development fee, which together drive up the cost of local assembly, Soliman told us. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">That begs the question \u2014 where do we stand on AIDP?<\/span><span style=\"\"> The strategy still needs to be<\/span><span style=\"font-weight:400;\"> shipped to the House of Representatives for approval and is expected to begin being implemented in 2H 2023, our sources in the Trade and Industry Ministry said. Global conditions are broadly uncertain, but AIDP will provide \u201cattractive\u201d incentives that will attract large investments soon, our source said. The government is already in \u201cserious\u201d talks with several international manufacturers in Europe and elsewhere, who are ready to begin executing on their investment plans once the strategy is launched, the source said. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">EV manufacturing is the real future for the industry:<\/span><span style=\"\"> We have a golden chance right now to<\/span><span style=\"font-weight:400;\"> turn Egypt into a regional hub for electric and environmentally-friendly vehicles by bringing in fresh investors and supporting factories\u2019 transition to begin producing EVs, our sources agree. Electric vehicles are \u201cthe future of automotive manufacturing in the world,\u201d which is reflected in the government\u2019s new policies that give special focus to EVs, El Nasr Automotive\u2019s Non-Executive Chairman Khaled Shedid told us. This step needs quick and decisive action from the Supreme Council for Vehicle Manufacturing, including providing the necessary funding for industry players, our sources say. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">But we might have to start off with EV assembly, rather than full-fledged manufacturing<\/span><span style=\"font-weight:700\"> as a first phase<\/span><span style=\"font-weight:400;\">, considering the large investments required, Soliman said. Still, there are some environmentally-friendly cars, including dual-fuel vehicles that run on electricity and diesel together, which can run for 170 km on electricity and 1,245 km on 45 liters of fuel, Soliman said. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Meanwhile, our EV infrastructure needs time to catch up with demand:<\/span><span style=\"\"> One of the issues<\/span><span> the Supreme Council for Vehicle Manufacturing is looking at is expediting the buildout of electric vehicle charging stations and encouraging investments to expand the network of stations across the country, Saad and Soliman told us.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Your top industrial development stories for the week:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Government bodies inked agreements with international pharma firms including a Saudi and Emirati company to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/09\/gulf-us-players-to-boost-local-pharma-manufacturing-more-genetic-screening-labs-99199\/\" style=\"\">build pharma factories and diagnostic labs<\/a><\/span><span style=\"font-weight:400;\">, including a beta thalassemia screening lab and a factory for biodegradable syringes and other medical supplies. <\/span><\/li>\n<li><span style=\"font-weight:700\">El Nasr Glass plans new production lines:<\/span><span> Metallurgical Industries Holding Company signed an MoU with the Egyptian arm of Saudi wealth fund PIF to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/09\/agthia-wants-to-make-egypt-into-an-export-hub-plus-news-from-the-suez-canal-pif-agility-and-telecoms-99205\/\" style=\"\">increase the capital of its subsidiary<\/a><\/span><span>El Nasr Glass and Crystal Company. The fresh<\/span><span style=\"font-weight:400;\"> investment will be used to add production lines making glass panels used in solar plants. <\/span><\/li>\n<\/ul>\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\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inside-industry\/\">INSIDE INDUSTRY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/supreme-council-for-vehicle-manufacturing\/\">Supreme Council for Vehicle Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column\" style=\"flex-basis:19.8%\"><\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<section id=\"583564\" 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\/2023\/03\/12\/583564\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-583564\" class=\"content-area-description single-story post-583564 post type-post status-publish format-standard hentry category-the-enterprise-entertainment-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> THE ENTERPRISE ENTERTAINMENT CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23 February-11 March (Monday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/Diarna.moss?mibextid=LQQJ4d\" style=\"\">Diarna Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Cairo Festival City Mall, New Cairo.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-18 March (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cirquedusoleil.com\/ovo\" style=\"\">Cirque du Soleil\u2019s OVO<\/a><\/span><span style=\"font-weight:400;\">, Cairo international Stadium Hall.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-23 March (Thursday-Thursday): <\/span><span>Art<\/span><span>d\u2019Egypte\u2019s<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/944939366683155\/\" style=\"\">Kaon exhibition<\/a><\/span><span style=\"font-weight:400;\">, The Arts\u2019 Hub, Zamalek. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 March (Wednesday): Season 3 of Ted Lasso will be out on <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tv.apple.com\/us\/show\/ted-lasso\/umc.cmc.vtoh0mn0xn7t3c643xqonfzy\" style=\"\">Apple TV<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23 March (Wednesday): First day of Ramadan (TBC). Maghreb will be at 6:08pm CLT.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">APRIL <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">16 April (Sunday): Coptic Easter<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">17 April (Monday): Sham El Nessim. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">21-26 April (Friday-Wednesday): LaLiga Egypt Football Camp, Xanadu Hotel, Makadi Bay, Hurghada. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">22 April (Saturday): Eid El Fitr (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">25 April (Tuesday): Sinai Liberation Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">27 April (Thursday): National holiday in observance of Sinai Liberation Day (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1 May (Monday): Labor Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 May (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/prebooking\/buy-tickets-backstreet-boys-dna-world-tour-2023-prebooking-01-may-2023-zed-east-by-ora-new-cairo-10540.html?cdBusinessPartner=FB&fbclid=IwAR36Mo37QnFX4UwgJqR0vxxuZsaz-GpQCs471QM2U7XkW2kO6FFEL1Y58b4\" style=\"\">Backstreet Boys<\/a><\/span><span style=\"font-weight:400;\"> at 7pm, ZED East, New Cairo.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4 May (Thursday): National holiday in observance of Labor Day (TBC). <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10 June (Saturday): Thanaweya Amma examinations <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/moe.gov.eg\/what-s-on\/news\/dates-for-the-exams\/\" style=\"\">begin<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28 June-2 July (Wednesday-Sunday): Eid El Adha (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">30 June (Friday): June 30 Revolution Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">JULY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">18 July (Tuesday): Islamic New Year.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">20 July (Thursday): National holiday in observance of Islamic New Year (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">23 July (Sunday): Revolution Day. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">27 July (Thursday): National holiday in observance of Revolution Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">SEPTEMBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">26 September (Tuesday): Prophet Muhammad\u2019s birthday (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28 September (Thursday): National holiday in observance of Prophet Muhammad\u2019s birthday (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6 October (Friday): Armed Forces Day.<\/p>\n<p>13 October- 20 October (Friday-Friday): The sixth edition of El Gouna Film Festival (GFF).<\/span><\/p>\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":583546,"template":"","categories":[],"tags":[],"class_list":["post-583545","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"1853b4c5-d1bc-4d26-ae65-123be3b0b50d","teaser":"","photo_url":"https:\/\/ent.news\/2023\/3\/251.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO 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