{"id":583605,"date":"2023-03-16T00:00:00","date_gmt":"2023-03-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=583605"},"modified":"2025-12-16T13:36:26","modified_gmt":"2025-12-16T13:36:26","slug":"the-science-of-relationships","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/the-science-of-relationships\/","title":{"rendered":"The science of relationships"},"content":{"rendered":"<section id=\"583607\" 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=\"583607\">\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\/16\/this-evening-state-privatization-program-will-likely-lead-with-oil-companies-credit-suisse-gets-a-lifeline\/\">\r\n                            State privatization program will likely lead with oil companies + Credit Suisse gets a lifeline                        <\/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\/16\/this-evening-state-privatization-program-will-likely-lead-with-oil-companies-credit-suisse-gets-a-lifeline\/\" 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data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/16\/this-evening-state-privatization-program-will-likely-lead-with-oil-companies-credit-suisse-gets-a-lifeline\/old-stock-market1600px-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/old-stock-market1600px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"old-stock-market1600px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/old-stock-market1600px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/old-stock-market1600px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-583607\" class=\"content-area-description single-story post-583607 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-credit-suisse tag-enterprisepm tag-state-privatization-program 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\/.73100eb5-6196-455c-9801-1db3054face3.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\">Happy THURSDAY, friends.<\/span><span style=\"\"> We\u2019re finally winding down a hectic week as we slide into our last<\/span><span style=\"font-weight:400;\"> weekend before Ramadan rolls around.<\/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\">Oil and gas companies are likely going to be first in the chute for state<\/span><span style=\"font-weight:700\"> privatization reboot:<\/span><span> Six of the first eight state-owned companies that are in line for privatization in the Madbouly government\u2019s rebooted offering program are expected to be oil companies,<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.asharqbusiness.com\/article\/48261\/\u0634\u0631\u0643\u0627\u062a-\u0627\u0644\u0628\u062a\u0631\u0648\u0644-\u062a\u0637\u063a\u0649-\u0639\u0644\u0649-\u0628\u0627\u0643\u0648\u0631\u0629-\u0627\u0644\u0637\u0631\u0648\u062d\u0627\u062a-\u0627\u0644\u062d\u0643\u0648\u0645\u064a\u0629-\u0641\u064a-\u0628\u0648\u0631\u0635\u0629-\u0645\u0635\u0631\/\" style=\"\">Asharq Business<\/a><\/span><span style=\"\"> reports, citing sources close to the matter. The preliminary list of the first eight companies that will see stake sales: Enppi, Midor, Ethydco, Assiut Oil Refining Company, eMethanex, Al Wadi for Phosphate Industries and Fertilizers, Port Said Container Handling, and Damietta Container Handling.<\/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\">Credit Suisse is going to live to see another day, after the Swiss bank secured a USD 54<\/span><span style=\"font-weight:700\"> bn loan<\/span><span> from the Swiss National Bank as a liquidity backstop. Credit Suisse will also buy back around CHF 3 bn of its debt to trim its \u201coverall liability composition,\u201d the bank said in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.credit-suisse.com\/about-us-news\/en\/articles\/media-releases\/csg-announcement-202303.html\" style=\"\">a statement<\/a><\/span><span>. The lifeline \u2014 the first for a major global bank since the 2008 financial crisis \u2014 has \u201craised serious doubts over whether central banks will be able to sustain aggressive interest rate hikes,\u201d Reuters says. The story is getting front-page play on the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/adb74b25-ee03-4bdd-8c7a-4dcc6c95fcac\" 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\/credit-suisse-stock-price-jumps-as-bank-secures-50-billion-lifeline-9f5a35b9\" style=\"\">Wall Street Journal<\/a><\/span><span>, and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/live-blog\/2023-03-15\/credit-suisse-in-crisis?srnd=premium-middle-east\" style=\"\">Bloomberg<\/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;\">HAPPENING NOW-<\/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\">Madbouly inaugurates new projects at SCZone:<\/span><span style=\"\"> Prime Minister Moustafa Madbouly<\/span><span> inaugurated three new projects during a tour of the Suez Canal Economic Zone today, according to separate cabinet statements (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0uYWvZCGHUeirBuBDMj1S71CGcHzsbBtZTW8eMcaJFc4Qt2kyHuAm9kK7e5MdVJktl\" style=\"\">here<\/a><\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid08pEL2pY24HHH95PCyQ5imsDheg6g6jFSaQ96fqhY5xb5SDr997XzVkTX7DvgGw1cl\" style=\"\">here<\/a><\/span><span>and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0ezDL6NQeFcvmQFu6rA5jYmP4FGBSkbmDb6cyCFT4SAmkQHD29yYxJG9W73DqZqtTl\" style=\"\">here<\/a><\/span><span style=\"font-weight:400;\">). Madbouly\u2019s trip included attending the openings of the Egypt Fan Yang Textile Printing and Dyeing Project, the Kadmar International Company for International Transport and Logistics project and the inauguration of a new production fiberglass manufacturing line at the Goshi-Egypt factory.<\/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\">** 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\">Mark April on your calendars: <\/span><span>The Madbouly government will <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/16\/govt-to-start-marketing-state-companies-to-investors-in-april-says-maait-100336\/\" style=\"\">take to market<\/a><\/span><span style=\"font-weight:400;\"> some of the state-owned companies earmarked for privatization in its rebooted offering program, Finance Minister Mohamed Maait said yesterday.<\/span><\/li>\n<li><span style=\"font-weight:700\">Global banking turmoil hits EGX:<\/span><span> The EGX30 <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/16\/egx-suffers-biggest-single-day-loss-since-2020-on-global-banking-turmoil-100338\/\" style=\"\">saw its biggest single-day drop<\/a><\/span><span style=\"font-weight:400;\"> in three years yesterday as the fallout from the US banking crisis continued to send tremors through global financial markets.<\/span><\/li>\n<li><span style=\"font-weight:700\">Hutchison Ports and co. to build two new container terminals at Ain Sokhna + Dekheila ports:<\/span><span> The Madbouly government yesterday <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/16\/govt-signs-usd-1-6-bn-agreements-with-intl-firms-to-develop-sokhna-dekheila-ports-100339\/\" style=\"\">signed two agreements<\/a><\/span><span style=\"font-weight:400;\"> worth USD 1.6 bn with two international consortiums to develop new container terminals at the Ain Sokhna and Dekheila ports<\/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<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\">RiseUp 2023:<\/span><span style=\"\"> The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/riseup-summit-23_se_2465.html?fbclid=IwAR312SZzMd0g9-vywblOng4YU1gSQzBbWA_evrtgm8qbSpjMGbPFicQugno\" style=\"\">RiseUp Summit<\/a><\/span><span style=\"\"> starts today at the Grand Egyptian Museum. The three-day<\/span><span style=\"font-weight:400;\"> event runs through to Saturday.<\/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:700\">\u2600\ufe0f <\/span><span style=\"font-weight:700\">TOMORROW\u2019S WEATHER- We have a pleasant weekend ahead of us:<\/span><span style=\"\"> Our favorite<\/span><span> weather app is predicting a daytime high of 26<\/span><span style=\"font-weight:400;\">\u00b0C for a sunny Friday, with a nighttime low of 13\u00b0C. Saturday will cool down a few degrees to peak at 23\u00b0C and fall to 12\u00b0C in the evening. <\/span><\/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\/credit-suisse\/\">Credit Suisse<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/state-privatization-program\/\">state privatization program<\/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=\"583609 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=\"583609\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/16\/583609\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-583609\" class=\"content-area-description single-story post-583609 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.mashreqbank.com\/en\/uae\/personal\/branding\/brand-home\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/Mashreq-15feb2023-1600-x-768.jpg?ssl=1\"><\/a><\/span><\/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=\"583610\" 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=\"583610\">\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\/16\/uber-gets-a-regulatory-reprieve-over-drivers-employment-status-chinas-response-to-chatgpt-falls-flat\/\">\r\n                            Uber gets a regulatory reprieve over drivers\u2019 employment status + China\u2019s response to ChatGPT falls flat                        <\/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\/16\/uber-gets-a-regulatory-reprieve-over-drivers-employment-status-chinas-response-to-chatgpt-falls-flat\/\" 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/10\/uber-web.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"uber-web.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/10\/uber-web.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/10\/uber-web.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-583610\" class=\"content-area-description single-story post-583610 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-ai tag-chatgpt tag-uber 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\/.73100eb5-6196-455c-9801-1db3054face3.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\">Uber battles with drivers over their employment status:<\/span><span style=\"\"> Ridersharing and app-based<\/span><span> companies can now treat their drivers as independent contractors rather than employees, reports <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/legal\/uber-lyft-shares-cheer-court-decision-treat-drivers-contractors-2023-03-14\/\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\">, after a California court ruled overturned a 2021 lower court ruling, calling it \u201cunconstitutional.\u201d The decision removes some of the regulatory risk for app-based companies like Uber, DoorDash, and Lyft. Markets responded positively to the news yesterday, with Uber shares ending yesterday\u2019s trading session up 7%, while Lyft and DoorDash each closed up 6%. Challenges to the ruling are expected \u2014 but don\u2019t count on them coming any time soon. Analysts said that it could take months for a case to be accepted and over a year to issue a ruling.<\/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\">Could this ruling change things outside of California, too? <\/span><span style=\"\">In 2021, Uber <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/14\/what-were-tracking-tonight-on-17-march-2021-99887-2\/\" style=\"\">caved to labor<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/14\/what-were-tracking-tonight-on-17-march-2021-99887-2\/\" style=\"\">activists<\/a><\/span><span style=\"font-weight:400;\"> in the UK and agreed to give its drivers full employment status that entitles them to minimum wage, vacation pay, and pensions. While the California ruling only sets the rules for the state, it could pave the way for other states to follow \u2014 even more appealing, given that the ruling helped Uber avoid a hit of USD 20 mn to their 2024 core earnings, while DoorDash avoided a USD 170 mn hit.<\/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=\"\"> <\/span><span style=\"font-weight:700\">China botches its attempt at an AI bot to challenge ChatGPT\u2019s supremacy:<\/span><span style=\"\"> In a rush to<\/span><span> meet market demand, China\u2019s leading search engine Baidu scrambled to launch its answer to OpenAI\u2019s ChatGPT, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/technology\/chinese-search-giant-baidu-introduces-ernie-bot-2023-03-16\/\" style=\"\">Reuters<\/a><\/span><span> reports. CEO Robin Lee\u2019s demonstration of Ernie Bot \u2014 a rough acronym for \u201cEnhanced Representation through Knowledge Integration\u201d \u2014 was met with disappointment as they screened only pre-recorded videos of the bot\u2019s task fulfillments, prompting <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/technology\/chinese-search-giant-baidu-introduces-ernie-bot-2023-03-16\/\" style=\"\">company shares to fall<\/a><\/span><span style=\"font-weight:400;\"> as much as 10% before making a slight recovery.<\/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\">Is that\u2026 all of it?<\/span><span style=\"\"> During his 45-minute presentation, Lee stated that Baidu hopes to someday<\/span><span> integrate Ernie Bot to browsers, smart cars, and cloud services. But after four years of development (<\/span><span>and USD bns spent on research and development<\/span><span>), it is still only available to a small group of users by invite, generating a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/5bf4dab2-b19b-4df9-b410-4df1efe2f2f5\" style=\"\">collective groan<\/a><\/span><span> from the online presentation\u2019s 2 mn viewers. The introduction of Ernie Bot comes one day after OpenAI\u2019s launch of GPT-4, an upgrade that allows the Microsoft-backed chatbot to generate content based on image prompts as well as text. <\/span><\/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\/chatgpt\/\">ChatGPT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uber\/\">Uber<\/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=\"583612 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=\"583612\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/16\/583612\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-583612\" class=\"content-area-description single-story post-583612 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\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=\"583613\" 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=\"583613\">\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\/16\/after-a-decade-away-miley-cyrus-returns-to-disney-with-a-trademark-backyard-session\/\">\r\n                            After a decade away, Miley Cyrus returns to Disney with a trademark backyard session                        <\/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\/16\/after-a-decade-away-miley-cyrus-returns-to-disney-with-a-trademark-backyard-session\/\" 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 backyard session, aired as a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apps.disneyplus.com\/eg\/movies\/miley-cyrus-endless-summer-vacation-backyard-sessions\/1260132867\" style=\"\">Disney+ exclusive<\/a><\/span><span style=\"\">, sees Cyrus performing a number of tracks off her new album, including her latest hit, Flowers, while also throwing in some of her older material, like The Climb. The 42-minute musical special is full of catchy tunes and Cyrus\u2019 raspy voice, which will together encourage you to stream her new album, which <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.rollingstone.com\/music\/music-features\/miley-cyrus-endless-summer-vacation-reaction-1234694050\/\" style=\"\">Rolling Stone<\/a><\/span><span style=\"\">dubbed a \u201cpowerful artistic statement, focused and clear-eyed.\u201d<\/span><\/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=\"583621\" 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 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<\/a>\r\n\r\n                \n<article id=\"post-583622\" class=\"content-area-description single-story post-583622 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<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.73100eb5-6196-455c-9801-1db3054face3.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\">The EGX30 fell 0.1% at today\u2019s close<\/span><span style=\"\"> on turnover of EGP 2.1 bn (1.6% above the 90-day<\/span><span style=\"font-weight:400;\"> average). Foreign investors were net sellers. The index is up 0.7% 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>Sidi Kerir Petrochemicals<\/span><span style=\"font-weight:400;\"> (+7.8%), Elsewedy Electric (+2.9%) and GB Auto (+4.6%).<\/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>CIRA Education<\/span><span> (-9.5%), Eastern Company (-6.3%) and Orascom Construction (-2.2%).<\/span><\/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=\"583623\" 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=\"583623\">\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\">Office life<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/16\/five-workplace-trends-for-2023\/\">\r\n                            Five workplace trends for 2023                        <\/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\/16\/five-workplace-trends-for-2023\/\" 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\/2023\/03\/16\/five-workplace-trends-for-2023\/')\">\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\/2023\/03\/16\/five-workplace-trends-for-2023\/\">\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=Five workplace trends for 2023&url=https:\/\/enterpriseam.com\/egypt\/2023\/03\/16\/five-workplace-trends-for-2023\/\">\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\/2023\/03\/16\/five-workplace-trends-for-2023\/&title=Five workplace trends for 2023\">\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=Five+workplace+trends+for+2023+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F03%2F16%2Ffive-workplace-trends-for-2023%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\/2023\/03\/16\/five-workplace-trends-for-2023\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/Shared-office-1600-px.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"583624\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/16\/five-workplace-trends-for-2023\/shared-office-1600-px-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/Shared-office-1600-px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"Shared-office-1600-px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/Shared-office-1600-px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/Shared-office-1600-px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-583623\" class=\"content-area-description single-story post-583623 post type-post status-publish format-standard has-post-thumbnail hentry category-office-life tag-employment tag-enterprisepm tag-great-resignation tag-office-life 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\/.8870bba2-5f24-4152-8806-43a6173f1402.mp3\"><\/audio><\/figure>\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\">What to expect in workplace trends this year:<\/span><span style=\"\"> After being upended by the covid-19<\/span><span> pandemic, workplaces have been shifting back towards some semblance of normalcy \u2014 but not entirely without some covid legacies.<\/span><span> Trends towards remote work and increased flexibility have become the norm in many companies, while tightening labor markets and the so-called \u201c<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2021\/12\/12\/the-big-quit-goes-global-60518\/\" style=\"\">great resignation<\/a><\/span><span style=\"font-weight:400;\">\u201d are forcing employers to get creative to attract talent. As we make our way through 2023, here are five workplace trends to expect to take hold throughout 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\">#1- Labor markets will remain tight:<\/span><span style=\"\"> Hiring difficulties are expected to persist in 2023 as<\/span><span> demographic trends continue to cause a shortfall of candidates, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/1\/Indeed-Glassdoors-2023-Hiring-Workplace-Trends-Report.pdf\" style=\"\">a report (pdf)<\/a><\/span><span style=\"font-weight:400;\"> by employment platforms Indeed and Glassdoor. Aging populations, rising numbers of people opting for early retirements, and reduced migration are combining to tighten labor markets in developed economies, making it harder for companies to find the talent they need and giving employees the upper hand during wage negotiations. <\/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\">#2- Remote work remains essential to the workforce:<\/span><span style=\"\"> What started as a trend during the<\/span><span> pandemic quickly became the new norm in the job market \u2014 and is unlikely to disappear anytime soon. The option for remote work or having a hybrid setup is one feature that most employees seek when applying for jobs. <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mckinsey.com\/industries\/real-estate\/our-insights\/americans-are-embracing-flexible-work-and-they-want-more-of-it\" style=\"\">Mckinsey\u2019s American Opportunity Survey<\/a><\/span><span> revealed that 87% of Americans would work remotely if given the option. Working remotely has its perks and provides employees with a better work-life-balance, less commute stress, and location inclusivity. Remote work also increases the candidate pool by giving employers the ability to recruit employees from around the world, the survey notes. Based on a survey from <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/futureforum.com\/wp-content\/uploads\/2022\/01\/Future-Forum-Pulse-Report-January-2022.pdf\" style=\"\">Future Forum<\/a><\/span><span style=\"font-weight:400;\">, 78% of employees want location flexibility while 95% want schedule flexibility. <\/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\">Remote work is changing software industries, too:<\/span><span style=\"\"> The rise in remote work has led to the<\/span><span> expansion of the employee monitoring software market. The Global Employee Monitoring Software market amounted to USD 1.1 bn in 2021 and it is expected to grow to USD 2.1 bn by 2030, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.sphericalinsights.com\/reports\/employee-monitoring-software-market\" style=\"\">Spherical Insights reports<\/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:700\">#3- Salary expectations in a high-inflation environment:<\/span><span style=\"\"> Higher pay is the most commonly<\/span><span> cited reason for seeking a job change, according to a survey from <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.glassdoor.com\/research\/app\/uploads\/sites\/2\/2022\/11\/Indeed-Glassdoors-2023-Hiring-Workplace-Trends-Report-Glassdoor-Blog.pdf\" style=\"\">Indeed Hiring Lab<\/a><\/span><span> of men and women workers actively looking for new jobs. Those surveyed cited the option to work remotely as the second-biggest factor to consider when <\/span><span style=\"font-weight:400;\">choosing a prospective employer. However, many employers aren\u2019t necessarily capable of offering larger salaries as a result of the broader economic downturn, leading them to instead offer benefits such as retirement plans, health ins., paid family leave, and paid time off to attract job seekers. <\/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\">#4- Moving the needle on burnout is a priority:<\/span><span style=\"\"> E<\/span><span style=\"\">mployers are exploring ways to create<\/span><span> friendly and healthy environments for their employees, as mental health and well-being remain at the forefront in the labor market due to their importance in enhancing performance and retaining talent. According to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mckinsey.com\/mhi\/our-insights\/present-company-included-prioritizing-mental-health-and-well-being-for-all\" style=\"\">Mckinsey\u2019s Health Institute<\/a><\/span><span style=\"font-weight:400;\"> survey across 15 countries, 60% of employees have experienced at least one mental health challenge irrespective of their country, age, and industry. To support good mental health, employers must eliminate toxic behaviors in the workplace, raise awareness, assign sustainable workload, and push for inclusivity, McKinsey says.<\/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\">#5- Four-day workweek instead of a five-day workweek:<\/span><span style=\"\"> The call for a four-day workweek<\/span><span> without changes to pay or compensation might be the biggest shift in the world of work taking hold this year, as more companies implement the new schedule. The last time a change to the workweek happened was in 1926, when <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.history.com\/this-day-in-history\/ford-factory-workers-get-40-hour-week\" style=\"\">Henry Ford<\/a><\/span><span> instituted the rise of the five-day, 40-hour workweek in North America. Overall, the benefits of implementing a new four-day workweek include increased productivity, work-life balance and reduced overhead cost, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.forbes.com\/sites\/forbesfinancecouncil\/2021\/05\/07\/the-four-day-workweek-merits-consideration\/?sh=4709566786dd\" style=\"\">Forbes<\/a><\/span><span> reports. <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/news.microsoft.com\/ja-jp\/2019\/10\/31\/191031-published-the-results-of-measuring-the-effectiveness-of-our-work-life-choice-challenge-summer-2019\/\" style=\"\">Microsoft Japan<\/a><\/span><span> is one of the first companies to test drive the four-day working week for one month in 2019. The test drive resulted in productivity going up by 40%, 92% of employees reporting that they were satisfied, and electricity use going down by 23%. Here in Egypt, tech startup BasharSoft <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/02\/23\/this-morning-the-sczone-could-be-heading-to-china-basharsoft-just-trialed-a-four-day-work-week-and-the-results-were-impressive-97673\/\" style=\"\">trialed a four-day workweek<\/a><\/span><span> last year, with impressive results: The company said that 89% of its employees reported higher productivity, 82% said they were better able to manage their time, and 93% experienced lower levels of stress. BasharSoft\u2019s business results have \u201ceither improved or remained stable\u201d throughout the trial period and after, it said.<\/span><\/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\/employment\/\">employment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/great-resignation\/\">Great Resignation<\/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=\"583625\" 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\/16\/583625\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-583625\" class=\"content-area-description single-story post-583625 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>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>14-17 March (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.uci.org\/race-hub\/2023-uci-track-nations-cup-cairo-egy\/6OTeoYqaamwvvn3yRXAfqM\" style=\"\">TISSOT UCI Track Nations Cup<\/a><\/span><span style=\"font-weight:400;\">, Cairo International Stadium.<\/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>17-18 March (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/2231025490412433\/?ref=newsfeed\" style=\"\">K-Festival at EGYcon X<\/a><\/span><span style=\"font-weight:400;\">, Family Park, New Cairo. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-18 March (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/625451576089065\/625451579422398\/\" style=\"\">My Beloved<\/a><\/span><span style=\"font-weight:400;\">, Rawabet Art Space, Qasr El Nil, Cairo. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18 March (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/3079317775694674\/?acontext={\"ref\":\"52\",\"action_history\":\"[{\\\"surface\\\":\\\"share_link\\\",\\\"mechanism\\\":\\\"share_link\\\",\\\"extra_data\\\":{\\\"invite_link_id\\\":110667798588187}}]\"}\" style=\"\">Celestial Pas de Deux: Art Exhibition by Rana Chalabi<\/a><\/span><span style=\"font-weight:400;\"> @ MASQ, Maq\u2019ad of Sultan Qaitbey, City of the Dead.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18 March (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.culturewheel.com\/en\/events\/Lyd1Xpe1eJ\" style=\"\">Ali El Haggar concert<\/a><\/span><span style=\"font-weight:400;\">, El Sawy Cultural Wheel, Zamalek. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20 March (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/tickets\/buy-tickets-ahmed-ahmed-returns-to-om-el-donya-20-march-2023-auc-tahrir-cultural-center-cairo-10630.html\" style=\"\">Ahmed Ahmed Returns to Om El Donya<\/a><\/span><span style=\"font-weight:400;\">, Ewart Memorial Hall, AUC\u2019s Tahrir Campus.  <\/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\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":583606,"template":"","categories":[],"tags":[],"class_list":["post-583605","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"3dae2770-a67c-4340-903c-1e2951ef1bda","teaser":"","photo_url":"https:\/\/ent.news\/2023\/3\/food-1600px-1140x574.jpg"},"yoast_head":"<!-- This site is optimized 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