{"id":585313,"date":"2023-04-13T00:00:00","date_gmt":"2023-04-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=585313"},"modified":"2025-12-16T14:12:53","modified_gmt":"2025-12-16T14:12:53","slug":"therapy-with-chatbots","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/therapy-with-chatbots\/","title":{"rendered":"Therapy with chatbots"},"content":{"rendered":"<section id=\"585315\" 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=\"585315\">\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\/04\/13\/this-evening-cib-shares-on-a-tear-some-of-the-self-employed-dont-have-to-get-on-the-e-invoicing-system\/\">\r\n                            THIS EVENING: CIB shares on a tear + Some of the self-employed don\u2019t have to get on the e-invoicing system                        <\/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\/04\/13\/this-evening-cib-shares-on-a-tear-some-of-the-self-employed-dont-have-to-get-on-the-e-invoicing-system\/\" 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data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/04\/13\/this-evening-cib-shares-on-a-tear-some-of-the-self-employed-dont-have-to-get-on-the-e-invoicing-system\/vintage-tax-records-1600px-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/vintage-tax-records-1600px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"vintage-tax-records-1600px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/vintage-tax-records-1600px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/vintage-tax-records-1600px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-585315\" class=\"content-area-description single-story post-585315 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-enterprisepm tag-grand-egyptian-museum tag-tax 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\/4\/.e81fd0e6-275f-4481-a692-44808cfe5bd9.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, wonderful people, and a very happy THURSDAY to us all.<\/span><span style=\"\"> While any<\/span><span style=\"font-weight:400;\"> Thursday is a happy occasion, this one is particularly sweet as we slide into a four-day weekend in observance of Coptic Easter on Sunday and Sham El Nessim on Monday. <\/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 means EnterprisePM will be off next Sunday and Monday<\/span><span style=\"\"> \u2014 but we\u2019ll be back in your<\/span><span style=\"font-weight:400;\"> inboxes at the usual time on Tuesday. <\/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\">We\u2019ll all be back to work on Tuesday and Wednesday before breaking again for another<\/span><span style=\"font-weight:700\"> long weekend for Eid El Fitr and Sinai Liberation Day.<\/span><span> The Central Bank of Egypt <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3GFOSUg\" style=\"\">confirmed today<\/a><\/span><span> the nation\u2019s banks will close their doors from Thursday, 20 April until Tuesday, 25 April and will resume operating as of Wednesday, 26 April. Cabinet has already confirmed the holiday for public sector workers. <\/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\">ALSO- Ramses II is doing okay:<\/span><span style=\"\"> The statue of King Ramses II inside the Grand Hall of<\/span><span> the Grand Egyptian Museum is not at risk of being affected by rainfall that leaked into the hall, the Tourism Ministry said in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/tourismandantiq\/posts\/pfbid0Ln4L652x3zcPKAHxn2er6LTBs2Gpw5hqMNh7SuR39jSZNJep6A97LZsR5qAGgtRql\" style=\"\">a statement<\/a><\/span><span style=\"font-weight:400;\">. The statement came after videos circulated on social media and WhatsApp groups showing this week\u2019s showers leaking through the museum\u2019s ceiling.<\/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\">** SO, WHEN DO WE EAT?<\/span><span style=\"\"> We\u2019ll be breaking our fasts at 6:21pm CLT today. You have until <\/span><span style=\"font-weight:400;\">4:00am tomorrow morning to hydrate and grab a bite to eat. <\/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 STORIES 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\">#1- Lawyers, pharmacists, and doctors get their way with the e-invoicing<\/span><span style=\"font-weight:700\"> system:<\/span><span> Self-employed individuals \u2014 including lawyers, pharmacists, and doctors \u2014 who exclusively work directly with the end consumer or customer are no longer required to register with the Egyptian Tax Authority\u2019s e-invoicing system, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/tax.egypt\/posts\/pfbid0XFV3p5EKoYSh45tsf497TD8KRqfH4XE3Yit1kLf1SJXj9yY3LYChUjFJgzDtADc6l\" style=\"\">statement<\/a><\/span><span>. However, self-employed individuals will need to register with the system if they do business with other entities that are required to operate under the e-invoicing system, the statement notes. The decision comes after <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f4811d17-4f27-4d5b-afef-3cbec01f797b\" style=\"\">widespread opposition to e-invoicing<\/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\">#2- CIB shares are on a tear:<\/span><span style=\"\"> EGX30 heavyweight CIB saw its shares soar 14.5% today,<\/span><span style=\"font-weight:400;\"> pushing up the index to close 5.5% up. The EGX30 year-to-date return is now 21.1%, putting it in bull market territory. <\/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 STORIES 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\">The realignment: Iran officially <\/span><span style=\"font-weight:700\">re-opened its embassy in Saudi Arabia yesterday<\/span><span style=\"\">, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/middle-east\/iranian-delegation-arrives-saudi-arabia-prepare-embassy-reopening-statement-2023-04-12\/\" style=\"\">Reuters<\/a><\/span><span> reports.<\/span><span>The move was coordinated last month when <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1fa35c05-e2cf-4619-a61f-d3ab25eb49ef\" style=\"\">officials from the two countries met in China<\/a><\/span><span style=\"font-weight:400;\">in a watershed moment to resume diplomatic ties in talks brokered by Beijing after a 7-year political deadlock. The Saudis will also be reopening their embassy in Tehran. The relationship between the two countries had soured over the Yemen war, alleged attacks on oil facilities, and the execution of a Shi\u2019ite cleric by the Kingdom. <\/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\">Qatari-Bahrain relations are also getting restored,<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/middle-east\/qatar-bahrain-say-they-will-resume-diplomatic-ties-2023-04-12\/\" style=\"\">Reuters<\/a><\/span><span> also reported. Diplomatic links are thawing after a large numbers of countries in the region \u2014 including Egypt, Saudi Arabia and the UAE \u2014 had a falling-out with the peninsular country over its support of Islamist movements in 2017. The story is getting ink in the international press: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/arabic.euronews.com\/2023\/04\/13\/bahrain-qatar-resume-their-relations-saudi-iran-egypt\" style=\"\">Euronews<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apnews.com\/article\/bahrain-qatar-diplomacy-arab-gulf-2ce823159a21983b98c77b3623f008d1\" style=\"\">AP News<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dw.com\/en\/bahrain-and-qatar-to-restore-diplomatic-ties-after-blockade\/a-65297185\" style=\"\">DW<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.france24.com\/en\/middle-east\/20230412-saudi-arabia-hosts-landmark-iran-syria-visits-after-years-of-bitter-divisions\" style=\"\">France 24<\/a><\/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\">ALSO- <\/span><span style=\"font-weight:700\">Italy\u2019s business elite gets a shake up:<\/span><span style=\"\"> Some of Italy\u2019s biggest state-controlled<\/span><span> enterprises have new leadership as the country\u2019s right-wing Prime Minister Giorgia Meloni revamps sectors ranging from energy to defense, reports <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-13\/italy-latest-meloni-topples-titans-of-economy-in-leadership-revamp?srnd=premium-europe&leadSource=uverify%20wall\" style=\"\">Bloomberg<\/a><\/span><span>. Of the three most significant company roles in the country, only Claudio Descalzi, CEO of oil giant Eni, will continue another three years in his role, while state-controlled energy and defense companies Enel and Leonardo will both see new leadership. The restructuring comes as Europe realigns its priorities on the back of limited gas supplies and military rearmament as the war in Ukraine rages on.<\/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\">AfricInvest eyes 25% stake in BUE:<\/span><span> Private equity firm AfricInvest is <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7404f317-8caf-423a-b5b1-720b452c899e\" style=\"\">looking to acquire<\/a><\/span><span style=\"font-weight:400;\"> 25% of the British University of Egypt (BUE) for more than EGP 1 bn before the end of June. <\/span><\/li>\n<li><span style=\"font-weight:700\">House gives initial nod to amendments to nationality law that could drum up more FX:<\/span><span> MPs yesterday <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/36e31407-cc82-4124-81f1-59bb9f907de8\" style=\"\">gave its preliminary approval<\/a><\/span><span style=\"font-weight:400;\"> to amendments to the nationality law that will make it easier for foreigners to become Egyptian citizens.<\/span><\/li>\n<li><span style=\"font-weight:700\">Elsewedy partners with Qatari contractor on Libya power plant:<\/span><span> Elsewedy Electric and major Qatari contractor UCC Holding <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9f49d93c-1116-47f2-ab65-178beb953104\" style=\"\">have signed<\/a><\/span><span style=\"font-weight:400;\"> an EPC contract with the Libyan General Electricity Company to build a 1.0k MW power plant in Libya. <\/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;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/429.jpg?ssl=1\"\/><\/a><\/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 Enterprise Exports & FDI Forum, our latest industry-specific conference, is taking <\/span><span style=\"font-weight:700\">place on Monday, 15 May at Four Seasons, Nile Plaza.<\/span><span style=\"font-weight:400;\"> The Enterprise Exports & FDI Forum will give insiders and newcomers alike the chance to talk about how to develop an export-centered business and how their companies can help us build an export-led economy that makes us a magnet for foreign direct investment (FDI).<\/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\">What\u2019s the Enterprise Exports & FDI Forum?<\/span><span> In the wake of successive floats of EGP, exports and FDI have never been more important to our economy \u2014 or our businesses. We\u2019re gathering some of the CEOs, top execs from local companies and multinationals, investors, bankers and finance folks to speak on how businesses can adapt their strategies to be export-oriented and what we as a country can do to draw foreign investment and much-needed FX. <\/span><span style=\"font-weight:700\">Expect it to be heavy on lessons learned in Egypt and other global growth markets \u2014 and lots of success stories.<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/index.html#aboutSection\" style=\"\">You can learn more on our conference website here<\/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\">Some of the biggest names in business and finance are on board \u2014 are you?<\/span><span> If you\u2019re a C-suite exec, business owner, DFI staff, export executive, investor or banker, please <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" style=\"\">fill out the form here<\/a><\/span><span style=\"font-weight:400;\"> to signal your interest, letting us know your name, title and where you work.<\/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\">WANT TO BECOME A COMMERCIAL PARTNER?<\/span><span> Ping a note to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"mailto:mtaalab@inktankir.com\" style=\"\">Moustafa, our head of commercial, here<\/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<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\">We\u2019re heading into a stretch of holidays:<\/span><\/p>\n<ul>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02JWnTK4kBXE2H79mhk8PqWETSQrN98PUnpcotakSSW25kCZrr5jKhp1BfrVKKF6nCl\" style=\"\">Banks<\/a><\/span><span> and the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egx.com.eg\/ar\/BulletinNews.aspx?BCODE=51250&All=\" style=\"\">EGX<\/a><\/span><span> will be off next <\/span><span style=\"font-weight:700\">Sunday, 16 April <\/span><span style=\"font-weight:400;\">to mark Coptic Easter (the day is not a public holiday);<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egx.com.eg\/ar\/BulletinNews.aspx?BCODE=51250&All=\" style=\"\">We\u2019re all off<\/a><\/span><span> next <\/span><span style=\"font-weight:700\">Monday, 17 April <\/span><span style=\"font-weight:400;\">to mark Sham El Nessim;<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0sadBeaBftcxDEkiMwHgiXjC3Sf3R7VwAMyq2ecxK7wFyLqFeyrf3Kw6fyTorxHV1l?__cft__[0]=AZVIgVyWU9rbod8hEC06-mwv3fGUhXGd0yVIGLSUNMqXo_w3ISxeF3lpPiVFxs6BL2TxBCZ3Tk2wMCFt61TvBlS04s7VGlyLJnPJGQb_LJvD_dfYZtBq87kzYW1ypV47FYM2fyTK2t6cxSLbfuCnJL5DdZh9y6VMZZ8wWOo20RJ4JOkU2gzl4i2Cf6GlxUVeKgZ0CIdLANmQCIwfVbua7GX2&__tn__=%2CO%2CP-R\" style=\"\">Public sector workers<\/a><\/span><span> are off from <\/span><span style=\"font-weight:700\">Thursday, 20 April until Tuesday, 25 April <\/span><span style=\"font-weight:400;\">in observance of Sinai Liberation Day and Eid El Fitr. Expect the Manpower Ministry and the EGX to follow up with their own announcements in the coming days.<\/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:700\">\u2600\ufe0f <\/span><span style=\"font-weight:700\">TOMORROW\u2019S WEATHER- Plan a picnic \u2014 we\u2019re getting some warm, sunny weather<\/span><span style=\"font-weight:700\"> over the long weekend:<\/span><span> The mercury is going to be rising incrementally this weekend, starting with a daytime high of 28<\/span><span style=\"font-weight:400;\">\u00b0C tomorrow, which will climb to 31\u00b0C on Saturday, 33\u00b0C on Sunday, and a rather warm 36\u00b0C on Monday. The evenings will remain pleasantly cool \u2014 our weather app tells us to expect nighttime lows of 16\u00b0C tomorrow and Saturday, 19\u00b0C on Sunday, and 20\u00b0C on Monday.<\/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\/grand-egyptian-museum\/\">Grand Egyptian Museum<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax\/\">tax<\/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=\"585317 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=\"585317\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/04\/13\/585317\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-585317\" class=\"content-area-description single-story post-585317 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.facebook.com\/MashreqEG\/videos\/894142641682460\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/enterprise.press\/wp-content\/uploads\/2023\/04\/Mashreq-Ramadan-ad1920px.jpg\"><\/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=\"585318\" 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=\"585318\">\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\/04\/13\/is-tupperware-about-to-go-bust-plus-the-middle-east-beckons-for-silicon-valley-tech-investors\/\">\r\n                            Is Tupperware about to go bust? Plus: The Middle East beckons for Silicon Valley tech investors                        <\/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\/04\/13\/is-tupperware-about-to-go-bust-plus-the-middle-east-beckons-for-silicon-valley-tech-investors\/\" 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\/04\/13\/is-tupperware-about-to-go-bust-plus-the-middle-east-beckons-for-silicon-valley-tech-investors\/')\">\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\/04\/13\/is-tupperware-about-to-go-bust-plus-the-middle-east-beckons-for-silicon-valley-tech-investors\/\">\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=Is Tupperware about to go bust? Plus: The Middle East beckons for Silicon Valley tech investors&url=https:\/\/enterpriseam.com\/egypt\/2023\/04\/13\/is-tupperware-about-to-go-bust-plus-the-middle-east-beckons-for-silicon-valley-tech-investors\/\">\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\/04\/13\/is-tupperware-about-to-go-bust-plus-the-middle-east-beckons-for-silicon-valley-tech-investors\/&title=Is Tupperware about to go bust? Plus: The Middle East beckons for Silicon Valley tech investors\">\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=Is+Tupperware+about+to+go+bust%3F+Plus%3A+The+Middle+East+beckons+for+Silicon+Valley+tech+investors+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F04%2F13%2Fis-tupperware-about-to-go-bust-plus-the-middle-east-beckons-for-silicon-valley-tech-investors%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\/04\/13\/is-tupperware-about-to-go-bust-plus-the-middle-east-beckons-for-silicon-valley-tech-investors\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/617.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"585319\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/04\/13\/is-tupperware-about-to-go-bust-plus-the-middle-east-beckons-for-silicon-valley-tech-investors\/617-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/617.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"617.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/617.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/617.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-585318\" class=\"content-area-description single-story post-585318 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-enterprisepm tag-for-your-commute tag-silicon-valley tag-sovereign-wealth-funds tag-tupperware 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\/4\/.e81fd0e6-275f-4481-a692-44808cfe5bd9.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\">Is the knife falling on a revolutionary kitchen staple?<\/span><span style=\"\"> Shares in global brand<\/span><span> Tupperware plummeted this week, prompting fears that without a liquidity injection the household icon could go bust, reports the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bbc.com\/news\/business-65243711\" style=\"\">BBC<\/a><\/span><span style=\"font-weight:400;\">. The company saw a brief reprieve in sales of their air- and water-tight containers during the covid-19 pandemic as more households spent time cooking and baking at home, but the share price rise was only temporary. And with an easily copied product, Tupperware has been unable to keep up with competition in a market that has been flooded with cheaper alternatives \u2014 nor has the brand shown a willingness for innovations that would help grow and maintain its customer base. Yet, as a brand whose name has outstripped its product, Tupperware could be attractive to retail giants, like Amazon, with the ability to inject funds rapidly.<\/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\">Despite inspired a cultural revolution, Tupperware is going out of fashion:<\/span><span style=\"\"> Created during<\/span><span> the 1950s and 1960s, Tupperware harnessed housewives to sell its products through parties that glamorized dull housework, says Alison Clarke, author of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.amazon.com\/Tupperware-Promise-Plastic-1950s-America\/dp\/1560989203\" style=\"\">Tupperware: The Promise of Plastic in 1950s America<\/a><\/span><span style=\"font-weight:400;\">. At that time, containers could only be bought if you knew someone selling them, making the products and parties exclusive, and hosting Tupperware parties gave a source of employment to women with little access to flexible labor. The scheme was retired in 2003, but the brand has done little in terms of further innovation to the plastic containers, which are now at odds with a new market of young consumers, looking for more environmentally-friendly 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: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\">The Middle East beckons: Silicon Valley tech investors are pursuing the<\/span><span style=\"font-weight:700\"> region\u2019s sovereign wealth funds to fill the financing gap<\/span><span>, the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/567ca518-b138-4273-bfe6-0712ef31e01d\" style=\"\">Financial Times<\/a><\/span><span style=\"font-weight:400;\"> reported. As American and European financiers are reeling from the worst financial crisis in a decade, there\u2019s growing appetite for tech investments in countries like the UAE, Saudi Arabia, and Qatar who are actively pursuing economic diversification. \u201cWe came to San Francisco looking for them in 2017. Now \u2026 everyone is coming to [us],\u201d Ibrahim Ajami, the head of ventures at Mubadala Capital \u2014 the USD 6 bn arm of Abu Dhabi\u2019s sovereign wealth fund \u2014 was quoted as saying.<\/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\">KSA\u2019s spending spree: <\/span><span style=\"\">Sanabil, the venture arm of Saudi Arabia\u2019s Public Investment Fund<\/span><span> (PIF), has partnered with nearly <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.sanabil.com\/en\/our-partners\" style=\"\">40 venture firms in the US<\/a><\/span><span> including Coatue Management and Craft Ventures. In 2016 alone, PIF invested USD 45 bn in the USD 100 bn SoftBank Vision Fund and USD 3.5 bn in Uber. In 2018, it shelled out another USD 1 bn on electric vehicle (EV) company Lucid Motors. But that investment cooperation came to an abrupt halt when politics <\/span><span>got<\/span><span style=\"font-weight:400;\"> in the way in 2018 after the murder of Saudi journalist Jamal Khashoggi.<\/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\">Money talks: <\/span><span style=\"\">After a boom in the industry during covid-19, the subsequent drying up of funds in<\/span><span> the West has significantly altered the course of investments. Over the past year, VC funding for start-ups has <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/47747e24-01a4-431f-8ab6-da5fae62e480\" style=\"\">decreased by more than 50%<\/a><\/span><span style=\"font-weight:400;\">, prompting Silicon Valley to mend its ties with KSA. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Now, the kingdom is being heralded as a \u201cstart-up country\u201d by Ben Horowitz, the co-founder of Private VC firm <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/a16z.com\/\" style=\"\">Andreessen Horowitz<\/a><\/span><span style=\"font-weight:400;\">, whose ties with the Kingdom have been warming lately.<\/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\">And more is yet to come: <\/span><span style=\"\">The region is expected to \u201cbecome an increasingly important area of<\/span><span> the world over the next decade. It reminds us of going to China in 2003,\u201d <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.tigerglobal.com\/\" style=\"\">Tiger Global<\/a><\/span><span>\u2019s Scott Shleifer was quoted as saying.<\/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\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/silicon-valley\/\">silicon valley<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sovereign-wealth-funds\/\">Sovereign wealth funds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tupperware\/\">Tupperware<\/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=\"585320 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=\"585320\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/04\/13\/585320\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-585320\" class=\"content-area-description single-story post-585320 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\/enterprise.press\/wp-content\/uploads\/2022\/12\/Palm-Hills-The-Crown-web-dec-22.jpg\"><\/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=\"585321\" 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=\"585321\">\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\/04\/13\/sour-grapes-defrauding-the-wine-industry-for-usd-mns\/\">\r\n                            Sour Grapes: Defrauding the wine industry for USD mns                        <\/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\/04\/13\/sour-grapes-defrauding-the-wine-industry-for-usd-mns\/\" 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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His scam and ultimate incarceration is retold in the satisfyingly cynical documentary, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.imdb.com\/title\/tt5728684\/\" style=\"\">Sour Grapes<\/a><\/span><span style=\"\">, an unempathetic look at the spending habits of the overly affluent. At one time Kurniawan was the golden boy of the wine industry, said to be living off a large family fortune, with a palate adept at identifying the finest of wines. For years he pocketed USD mns by selling at auction \u201cfine\u201d wines he had discovered. Unbeknownst to his customers, the liquor they purchased was cheap wine, repackaged in old bottles with forged labels. To this day, celebrated wine collectors may hold counterfeit bottles in their carefully curated wine cellars, thanks to Kuniawan\u2019s scheme. Sour Grapes is available on <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tv.apple.com\/gw\/movie\/sour-grapes\/umc.cmc.5vq8bcfokt3pjcrg2vbnzlv3y\" style=\"\">Apple TV<\/a><\/span><span style=\"\"> or for rent on <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.amazon.com\/Sour-Grapes-Rudy-Kurniawan\/dp\/B06XWJF7ZD\" style=\"\">Amazon Prime Video<\/a><\/span><span style=\"\">.<\/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=\"585329\" 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-585330\" class=\"content-area-description single-story post-585330 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\/4\/.e81fd0e6-275f-4481-a692-44808cfe5bd9.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 rose 5.6% at today\u2019s close<\/span><span style=\"\"> on turnover of EGP 1.7 bn. Local investors were net<\/span><span style=\"font-weight:400;\"> sellers. The index is up 21.1% 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>CIB<\/span><span style=\"font-weight:400;\"> (+14.5%), Oriental Weavers (+6.9%) and Telecom Egypt (+4.0%).<\/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> Orascom Construction<\/span><span> (-1.8%), Rameda Pharma (-1.4%) and CIRA Education (-1.3%).<\/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\/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=\"585331\" 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=\"585331\">\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\">ARTIFICIAL INTELLIGENCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/04\/13\/chatbots-are-taking-on-the-role-of-therapists-but-its-not-without-major-drawbacks\/\">\r\n                            Chatbots are taking on the role of therapists \u2014 but it\u2019s not without major drawbacks                        <\/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\/04\/13\/chatbots-are-taking-on-the-role-of-therapists-but-its-not-without-major-drawbacks\/\" 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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In<\/span><span> 2013, Joaquin Phoenix fell in love with <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.imdb.com\/video\/vi4112492569\/?playlistId=tt1798709&ref_=tt_ov_vi\" style=\"\">Her<\/a><\/span><span>,<\/span><span style=\"font-weight:400;\"> aka Samantha, a virtual assistant much like Siri and Alexa. But what was once a far-fetched sci-fi movie is now looking much more realistic as intimacy and even trust between humans and artificial intelligence systems is not only at the doorstep, but deeply embedded within several people\u2019s lives.<\/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\">What\u2019s the issue? <\/span><span>Over 1 bn people around the world suffer from mental disorders, according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.who.int\/news-room\/fact-sheets\/detail\/mental-disorders#:~:text=In%202019%2C%201%20in%20every,of%20the%20COVID%2D19%20pandemic.\" style=\"\">World Health Organization<\/a><\/span><span style=\"font-weight:400;\">. And yet, not everyone has access to help. Whether this is due to social stigma, the hefty price of sessions, or other hindrances, many people remain isolated without often vital support. This is where AI promises to help.<\/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\">All those in favor: <\/span><span>When certain circumstances make therapy a luxury rather than a necessary tool for comfort and wellbeing, it is difficult to snub the technology that could bridge the gap. After all, \u201cmental health support is based on talking therapy, and talking is what chatbots do,\u201d British Psychological Society member Paul Marsden is quoted as saying. In some cases \u2014 like with children and adults suffering from autism \u2014 the chatbots can be used to practice social scenarios, according to \u201cchatbot companion\u201d <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/replika.com\/\" style=\"\">Replika<\/a><\/span><span style=\"font-weight:400;\">\u2019s founder Eugenia Kuyda. <\/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\">All those against:<\/span><span style=\"font-weight:400;\"> Things get a little more complicated when we consider that, as they exit education and entertainment and enter the realm of health, these products ought to be \u201csubject to quality and safety standards accordingly,\u201d a UK online privacy campaigner tells the BBC. Concerns about safety and ethics arise and must be addressed before they incur unpredictable damage to already vulnerable users.<\/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\">What about boundaries?<\/span><span> There remain questions and concerns about what to do when conversations become inappropriate with younger patients, or those who are at higher risk of being negatively affected by incorrect handling or guidance. Last February, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/technology\/italy-bans-us-based-ai-chatbot-replika-using-personal-data-2023-02-03\/\" style=\"\">Italy banned Replika for accessing users\u2019 data<\/a><\/span><span style=\"font-weight:400;\"> to protect \u201cminors and emotionally fragile people\u201d as conversations with chatbots lack oversight and parental guidance.<\/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\">Does chatting really fix things?<\/span><span style=\"font-weight:400;\"> Therapy doesn\u2019t exclusively rely on speaking \u2014 factors like tone and body language can be key for therapists and medical professionals in identifying and remedying issues. Consequently, therapy through bots should only be seen as a supplement to traditional mental support methods as \u201capps don't replace human therapy,\u201d Marsden said. Also, exclusively online conversations can feel more isolating if users begin to prioritize AI chats at the expense of in-person communication. Coupled with pervasive addiction to screens, leading to greater detachment, overuse and misuse of these apps can become seriously problematic. <\/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\">Countless questions and more to come:<\/span><span>The rise of AI and systems like Chat GPT is so revolutionary, it has already spurred countless debates and controversies in a short span of time. From concerns about replacing people and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/214c6969-50b8-459a-b3cd-d6668823871d\" style=\"\">wiping out jobs<\/a><\/span><span> to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/49c3ce94-9f9e-4604-96e8-0012a46e1a07\" style=\"\">changing intellectual property rights<\/a><\/span><span>, it seems we are just seeing the tip of the iceberg as a barrage of queries are yet to emerge as the technology becomes more sophisticated. While the technology presents tremendous potential, users must bear in mind that the long-term social, psychological, and even political and economic repercussions are yet to be known and understood.<\/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\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/artificial-intelligence\/\">Artificial intelligence<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/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=\"585333\" 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\/04\/13\/585333\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-585333\" class=\"content-area-description single-story post-585333 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\">APRIL <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14 April (Friday): Hazem Shaheen <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/976136973549846\/?acontext=%7B%22event_action_history%22%3A%5B%7B%22mechanism%22%3A%22discovery_local_tab%22%2C%22surface%22%3A%22bookmark%22%7D%5D%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">concert<\/a><\/span><span style=\"font-weight:400;\"> at 9pm, Rawabet Art Space.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14 April (Friday): Egyptian Project <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/182578651159586\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_local_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">live performance<\/a><\/span><span style=\"font-weight:400;\"> at 9pm, Skas Restaurant, El Obour.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 April (Saturday): Nesma Medhat folk <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/904502133936634\/\" style=\"\">storytelling performance<\/a><\/span><span style=\"font-weight:400;\"> at 8pm, Maq\u2019ad of Sultan Qaitbey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 April (Saturday): BigBang <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/612954080293921\/\" style=\"\">stand-up comedy night<\/a><\/span><span style=\"font-weight:400;\"> at 8:30pm, Room Art Space and Caf\u00e9.<\/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 \u2014 banking holiday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16 April (Sunday): Irtigalia <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/6082504128545301\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_local_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">improv performance<\/a><\/span><span style=\"font-weight:400;\"> at 9pm, Room Art Space and Caf\u00e9.<\/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;\">20-25 April (Thursday-Tuesday): National holiday in observance of Eid El Fitr and 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;\">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>22 April (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/905672813882245\/\" style=\"\">Iftour<\/a><\/span><span style=\"font-weight:400;\"> iftar and Downtown tour 5:30pm, Downtown 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;\">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: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>6-20 May <\/span><span style=\"font-weight:400;\">(Saturday-Saturday): Film Society Festival for Egyptian Cinema.<\/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;\">12-15 May (Friday-Monday): Egypt Fashion Week.<\/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 style=\"font-weight:400;\">6 October (Friday): Armed Forces Day.13 October- 20 October (Friday-Friday): The sixth edition of El Gouna Film Festival (GFF).<\/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;\">EVENTS WITH NO SET DATE<\/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;\">2023: The inauguration of the Grand Egyptian Museum.<\/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":585314,"template":"","categories":[],"tags":[],"class_list":["post-585313","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"9578c73e-da0c-48d5-9b7b-3dbd317ae630","teaser":"","photo_url":"https:\/\/ent.news\/2023\/3\/117.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Therapy with chatbots - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/therapy-with-chatbots\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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