{"id":591049,"date":"2023-07-30T00:00:00","date_gmt":"2023-07-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=591049"},"modified":"2025-12-16T16:18:16","modified_gmt":"2025-12-16T16:18:16","slug":"blame-climate-change","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/blame-climate-change\/","title":{"rendered":"Blame climate change"},"content":{"rendered":"<section id=\"591051\" 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=\"591051\">\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\/07\/30\/this-evening-al-amal-to-suspend-byd-assembly-plant-operations\/\">\r\n                            THIS EVENING: Al Amal to suspend BYD assembly plant operations?                        <\/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\/07\/30\/this-evening-al-amal-to-suspend-byd-assembly-plant-operations\/\" 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\/07\/30\/this-evening-al-amal-to-suspend-byd-assembly-plant-operations\/')\">\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\/07\/30\/this-evening-al-amal-to-suspend-byd-assembly-plant-operations\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=THIS EVENING: Al Amal to suspend BYD assembly plant operations?&url=https:\/\/enterpriseam.com\/egypt\/2023\/07\/30\/this-evening-al-amal-to-suspend-byd-assembly-plant-operations\/\">\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\/07\/30\/this-evening-al-amal-to-suspend-byd-assembly-plant-operations\/&title=THIS EVENING: Al Amal to suspend BYD assembly plant operations?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=THIS+EVENING%3A+Al+Amal+to+suspend+BYD+assembly+plant+operations%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F07%2F30%2Fthis-evening-al-amal-to-suspend-byd-assembly-plant-operations%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\/07\/30\/this-evening-al-amal-to-suspend-byd-assembly-plant-operations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/65.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"591052\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/30\/this-evening-al-amal-to-suspend-byd-assembly-plant-operations\/65-jpg-17\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/65.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"65.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/65.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/65.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-591051\" class=\"content-area-description single-story post-591051 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-enterprisepm tag-ma-watch tag-maersk 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\/7\/.9f7ca681-24e6-4234-bd51-9419f26dfbb3.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, wonderful people.<\/strong> We\u2019re kicking off a fresh week with plenty of news \u2014 and a couple of blackouts to boot. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY TODAY<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Al Amal could shutter its local BYD production line soon: <\/strong> <a href=\"https:\/\/alamalauto.com\/\" style=\"\">Al Amal Auto<\/a> could within two weeks temporarily suspend operations of its BYD assembly plant, Chairman Amr Soliman told <a href=\"https:\/\/tinyurl.com\/bdfw7ez9\" style=\"\">Asharq Business<\/a>, citing difficulty obtaining hard currency to import the required production components. Al Amal is the sole agent and distributor of BYD and Lada brand passenger cars and King Long microbuses in Egypt. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY ABROAD<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There are a handful of headlines on Israel and Russia in the international press today.<\/strong> The crumbling relationship between Israel and its Abraham Accord countries as a result of the deteriorating Israeli-Palestinian relations has been leading the conversation in <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-29\/stocks-crush-year-of-bond-in-biggest-market-sentiment-shift-since-99?srnd=premium-middle-east\" style=\"\">Bloomberg<\/a> and <a href=\"https:\/\/www.cnbc.com\/2023\/07\/29\/israeli-protesters-keep-pressure-on-netanyahu-after-judicial-turmoil.html\" style=\"\">CNBC<\/a> as it will slow down investments further and undermine US efforts to bring Saudi Arabia into the fold. Meanwhile, t he surge in value of the Rouble-Tether crypto trade off during the aborted Wagner mutiny headlines the <a href=\"https:\/\/www.ft.com\/content\/741f67e2-ff00-4395-98bb-608083ce3432\" style=\"\">Financial Times<\/a>. This came as Russians were looking for alternatives to their deteriorating currency while the mutiny was in its throes. Elsewhere in the conversation on Russia, President Vladimir Putin said that African and Chinese efforts could draw the roadmap for finding peace with Ukraine, reports <a href=\"https:\/\/www.bbc.com\/news\/world-europe-66351867\" style=\"\">BBC<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HAPPENING NOW-<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Key Palestine reconciliation talks are taking place today:<\/strong> Palestinian President Mahmoud Abbas and Hamas chief Ismail Haniyeh will attend a new round of reconciliation talks between Palestinian groups taking place in El Alamein today. The meeting, spearheaded by Egypt to heal the long-running divisions among different Palestinian factions, will be attended by representatives of Fatah, Hamas and the Popular Front for the Liberation of Palestine. Palestinian Islamic Jihad is boycotting the talks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>: <\/p>\n<ul>\n<li><strong>Brace for at least another month of blackouts:<\/strong> The ongoing rolling blackouts <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b35e331f-1dfa-474f-95d4-f029128b5944\" style=\"\">will continue until at least the end of August<\/a> as the summer heatwave continues to put pressure on the country\u2019s electricity network. <\/li>\n<li><strong>Swiss firm in talks with gov\u2019t for green hydrogen plant:<\/strong> Switzerland-based energy investment firm Smartenergy <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/656ad59a-dda4-456d-9505-4f93b8434531\" style=\"\">is close to reaching an agreement<\/a> with authorities to establish a USD 1 bn green hydrogen facility. <\/li>\n<li><strong>New gas and oil exploration agreements get the thumbs up:<\/strong> Ministers <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3fc0de29-51fd-4bab-92a0-27b66b27dfcd\" style=\"\">greenlit three oil and gas concession agreements worth USD 319.5 mn<\/a> that will see three multinational energy companies digging at least 13 wells in the Mediterranean and Gulf of Suez. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\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\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/44.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MARK YOUR CALENDARS- The Enterprise Finance Forum is taking place on 18-19 <\/strong> <strong>September at the St. Regis Hotel in Cairo. <\/strong> This flagship forum is the latest in our must-attend series of invitation-only, C-suite-level gatherings that allow senior members of our community to openly and frankly discuss critical issues in key sectors of the economy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a href=\"https:\/\/finance.enterprise.news\/\" style=\"\">TAP OR CLICK HERE<\/a><\/strong> <strong> if you want to express interest in attending. <\/strong> We\u2019ll be sending out the first batch of invitations soon. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Do you want to become a commercial partner?<\/strong> Ping a note to <a href=\"mailto:mtaalab@inktankir.com\" style=\"\">Moustafa Taalab, our head of commercial<\/a>, or fill out <a href=\"https:\/\/finance.enterprise.news\/sponsor.html\" style=\"\">this form<\/a> and we\u2019ll be in touch. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>STAY TUNED for more detail <\/strong> about our agenda. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\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\"><strong>DID YOU MISS THE ENTERPRISE EXPORTS AND FDI FORUM? <\/strong> <strong><a href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/the-enterprise-podcast\/id1617987136\" style=\"\">Tune in to the Enterprise Podcast and listen for yourself<\/a><\/strong> <strong>:<\/strong> The Enterprise Podcast is back with another installment of our forum series, where we bring you audio recordings of what was said on stage at the Enterprise Exports and FDI Forum, which took place in May. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WANT TO LISTEN? Head to: <\/strong> <a href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/how-to-become-part-of-a-multinationals-supply-chain\/id1617987136?i=1000622000939\" style=\"\">Apple Podcast<\/a> | <a href=\"https:\/\/open.spotify.com\/episode\/57zbwQADGdOo5cMf37jSzM\" style=\"\">Spotify<\/a> | <a href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2LzY4NmNmYTU5LTAwOTMtNDEyMS1hMTRjLWFlNmYwMDk3ZjEyMi81NDI0MGE5Ni04YWY5LTRkZGQtODExNi1hZTZmMDA5OTgxMzYvcG9kY2FzdC5yc3M\/episode\/MDUwOTc0ZGUtZGViOS00Zjc4LTliZGQtYjA0NzAxMGExMTUw?sa=X&ved=0CAUQkfYCahcKEwjA4YO_qKWAAxUAAAAAHQAAAAAQAQ\" style=\"\">Google Podcast<\/a> | <a href=\"https:\/\/play.anghami.com\/episode\/1118757834\" style=\"\">Anghami<\/a>. <strong>We\u2019re releasing a new episode every Sunday morning.<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN THIS WEEK\u2019S EPISODE- <\/strong> We ask some of the biggest multinationals and suppliers operating here \u2014 namely, in logistics, e-commerce, and FMCG \u2014 what it is they\u2019re looking for in a local partner, product or service and what are some of the pain points they\u2019ve had to cope with. We were joined on that panel by <strong>Khaled Morsy<\/strong>, CEO of DB Schenker Egypt, <strong> Omar Elsahy<\/strong>, General Manager at Amazon Egypt, <strong>Tarek Kame<\/strong> l, Chairman and CEO of Nestl\u00e9 Egypt and Sudan. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"web-image-inner\"><img data-recalc-dims=\"1\" decoding=\"async\" style=\"display: block\" src=\"https:\/\/i0.wp.com\/enterprise.press\/wp-content\/uploads\/2022\/03\/Inside-Industry-en-WEB-1600x584-v5-03-1.jpg\" alt=\"enterprise\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Inside Industry day \u2014<\/strong> <strong>your weekly briefing of all things industrial in Egypt.<\/strong> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue:<\/strong> After struggling for years with losses, state-owned companies are looking to strike partnerships with private sector companies to help overhaul their factories, better manage their assets, and improve their financials. <\/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\"><strong>\u2600\ufe0f <\/strong> <strong>TOMORROW\u2019S WEATHER- <\/strong> The cooler temperatures will continue tomorrow as the mercury will stop at 37\u00b0C in the morning and dip to a cooler 25\u00b0C come night time, our favorite weather app tells us. <\/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\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/maersk\/\">Maersk<\/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=\"591053 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=\"591053\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/30\/591053\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-591053\" class=\"content-area-description single-story post-591053 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\/7\/135.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"591054\" 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=\"591054\">\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\/07\/30\/your-chocolate-fix-is-getting-pricier-double-supermoon-this-august\/\">\r\n                            Your chocolate fix is getting pricier + Double supermoon this August                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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href=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/30\/your-chocolate-fix-is-getting-pricier-double-supermoon-this-august\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1192.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"591055\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/30\/your-chocolate-fix-is-getting-pricier-double-supermoon-this-august\/1192-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1192.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1192.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1192.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1192.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-591054\" class=\"content-area-description single-story post-591054 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-agriculture tag-astronomy tag-climate-change tag-commodities tag-enterprisepm tag-for-your-commute 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\/7\/.58b66f91-799c-465f-86b5-96a648840bcc.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The price of cocoa beans hit a ten-year high due to poor harvests in West Africa<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-29\/chocolate-to-get-even-more-expensive-as-cocoa-prices-soar\" style=\"\">Bloomberg<\/a> reported. Bad weather conditions \u2014 including heavy rains \u2014 have been detrimental to the region\u2019s crops, which account for more than 66% of global production. The decrease in production has also affected processing causing leading manufacturers like Lindt & Spruengli AG to worry over chocolate prices and their impact on demand. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Climate conditions have been ruthless: <\/strong>Heavy rains, but also diseases affecting trees and causing beans to rot, in addition to climate phenomena like <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/680f2e7e-93a5-401f-8562-ffdd0456b34b\" style=\"\">El Ni\u00f1o<\/a>, have been hitting the chocolate industry. I vory Coast, the largest producer of cocoa in the world, expects its next harvest to decline by about a fifth from last year while the second-largest producer \u2014 Ghana \u2014 is also forecasting historically poor harvests, the business information service reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\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\"> <strong> We\u2019re getting a rare astronomical event next month:<\/strong> Two supermoon sightings next month mean we\u2019re getting what is known as a \u201cblue moon\u201d phenomenon, according to <a href=\"https:\/\/apnews.com\/article\/supermoons-august-stargazing-b05a8ac2036b1d5f943e47b6e7307657\" style=\"\">the Associated Press<\/a>. The first of the month\u2019s supermoons will see the full moon appearing brighter and larger than this Tuesday. The moon will be nearer to Earth than usual \u2014 only 357,530 km away \u2014 and will even come closer on the night of 30 August, giving us the second supermoon of the month. \u201c The last time two full supermoons graced the sky in the same month was in 2018. It won\u2019t happen again until 2037,\u201d Italian astronomer <a href=\"https:\/\/twitter.com\/masi_gianluca\" style=\"\">Gianluca Masi<\/a>, founder of the Virtual Telescope Project said. The first supermoon of the year appeared in July, and the final one of 2023 will come to light in September. <\/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\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/astronomy\/\">astronomy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"591056 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=\"591056\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/30\/591056\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-591056\" class=\"content-area-description single-story post-591056 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=\"591057\" 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=\"591057\">\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\/07\/30\/paradise-time-is-money\/\">\r\n                            Paradise: Time is money                        <\/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\/07\/30\/paradise-time-is-money\/\" 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\/07\/30\/paradise-time-is-money\/')\">\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\/07\/30\/paradise-time-is-money\/\">\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=Paradise: Time is money&url=https:\/\/enterpriseam.com\/egypt\/2023\/07\/30\/paradise-time-is-money\/\">\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\/07\/30\/paradise-time-is-money\/&title=Paradise: Time is money\">\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=Paradise%3A+Time+is+money+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F07%2F30%2Fparadise-time-is-money%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\/07\/30\/paradise-time-is-money\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-591057\" class=\"content-area-description single-story post-591057 post type-post status-publish format-standard hentry category-enterprise-recommends-2 tag-enterprise-recommends tag-enterprisepm tag-on-the-tube-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.5606b582-1aa6-4db1-95ff-51418680b131.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>? <\/strong> <strong>ON THE TUBE TONIGHT-<br \/><\/strong>(all times CLT) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a href=\"https:\/\/www.netflix.com\/eg-en\/title\/81288179\" style=\"\">Paradise<\/a><\/strong> <strong>: <\/strong> <strong>A dystopian thriller that feels eerily likely in a future powered by cutting-edge technology.<\/strong> The Netflix film, originally in German, follows the story of a young couple, Max and Elena. While the wife is a doctor, her husband has a less conventional occupation: He works for Aeon as a broker. The biotechnology company specializes in managing the sale and donation of people\u2019s years. In a world heavily segregated by economic means, people are opting to literally shorten their lives in order to gain access to material benefits \u2014 to the great advantage of those who can afford it, of course. But this seemingly consensual bargain takes a dark turn when Max and Elena are in debt, and the latter is forced to repay the bank with her life \u2014 or at least several decades of it. <\/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=\"591062\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button 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class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240928.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.beltoneholding.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27484.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Where disruption meets success<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-fzrdlla\" data-v=\"4\" data-block-id=\"fzrdlla\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-fzrdlla-container stk--no-background 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256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"591063\" 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=\"591063\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">GO WITH THE FLOW<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/30\/what-the-markets-are-doing-on-30-june-2023\/\">\r\n                            What the markets are doing on 30 June, 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\/07\/30\/what-the-markets-are-doing-on-30-june-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 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href=\"https:\/\/api.whatsapp.com\/send?text=What+the+markets+are+doing+on+30+June%2C+2023+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F07%2F30%2Fwhat-the-markets-are-doing-on-30-june-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\/07\/30\/what-the-markets-are-doing-on-30-june-2023\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-591063\" class=\"content-area-description single-story post-591063 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\/7\/.c156b6fb-3473-4ba1-9673-8f50f42e581a.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX30 rose 1.2% at today\u2019s close<\/strong> on turnover of EGP 2.0 bn. Local investors were net buyers. The index is up 20.3% YTD. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Eastern Company (+8.7%), Juhayna (+5.9%) and ADIB (+4.6%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Qalaa Holding (-3.0%), Ibnsina Pharma (-3.0%) and Mopco (-2.5%). <\/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<div class=\"alignfull inside-industry vertical-section wide-section wp-block-group issue-section\" id=\"591064\">\r\n    <div class=\"issue-section__content\">\r\n        <div class=\"alignwide wp-block-columns\">\r\n            <div class=\"wp-block-column sidebar-vertical-info\" style=\"flex-basis:22.8%\">\r\n                <figure class=\"wp-block-image size-full\">\r\n                                            <img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27470.svg\" style=\"width:80%\" alt=\"\" >\r\n                                    <\/figure>\r\n                <p>\r\n                    Our weekly look at the issues, trends, and policies that are shaping Egypt's manufacturing industries.                <\/p>\r\n                <figure class=\"wp-block-image size-full mt-0 mb-0 img-white-bg\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27477.svg\" alt=\"\"><\/figure>\r\n                <p class=\"has-text-color has-link-color\">\r\n                    Published every Sunday in EnterprisePM.                <\/p>\r\n                <div class=\"wp-block-buttons mt-0\">\r\n                    <div class=\"wp-block-button\">\r\n                        <a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/enterpriseam.com\/egypt\/inside-industry\/\">\r\n                            Read Inside Industry                            \r\n                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\r\n                    <div class=\"issue-story-header text-center\">\r\n                        <div class=\"index-number\">5<\/div>\r\n\r\n                        <p class=\"f-graphik\">INSIDE INDUSTRY<\/p>\r\n                        <h3 class=\"story-title\"><a href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/the-government-wants-to-enlist-the-private-sector-to-overhaul-state-owned-factories\/\">  \r\n                            Egypt wants to enlist the private sector to overhaul state-owned factories<\/a>\r\n                        <\/h3>\r\n\r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" 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\/inside_industry\/the-government-wants-to-enlist-the-private-sector-to-overhaul-state-owned-factories\/\" 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\/inside_industry\/the-government-wants-to-enlist-the-private-sector-to-overhaul-state-owned-factories\/')\">\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\/inside_industry\/the-government-wants-to-enlist-the-private-sector-to-overhaul-state-owned-factories\/\">\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=The government wants to enlist the private sector to overhaul state-owned factories&url=https:\/\/enterpriseam.com\/egypt\/inside_industry\/the-government-wants-to-enlist-the-private-sector-to-overhaul-state-owned-factories\/\">\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\/inside_industry\/the-government-wants-to-enlist-the-private-sector-to-overhaul-state-owned-factories\/&title=The government wants to enlist the private sector to overhaul state-owned factories\">\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=The+government+wants+to+enlist+the+private+sector+to+overhaul+state-owned+factories+https%3A%2F%2Fenterpriseam.com%2Fegypt%2Finside_industry%2Fthe-government-wants-to-enlist-the-private-sector-to-overhaul-state-owned-factories%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>                    <\/div>\r\n\r\n                    <div class=\"story__body\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/the-government-wants-to-enlist-the-private-sector-to-overhaul-state-owned-factories\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/296.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" sizes=\"(max-width: 34.9rem) calc(100vw - 2rem), (max-width: 53rem) calc(8 * (100vw \/ 12)), (min-width: 53rem) calc(6 * (100vw \/ 12)), 100vw\" data-attachment-id=\"591065\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/the-government-wants-to-enlist-the-private-sector-to-overhaul-state-owned-factories\/296-jpg-61\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/296.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"296.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/296.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/296.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-591064\" class=\"content-area-description post-591064 inside_industry type-inside_industry status-publish has-post-thumbnail hentry category-inside-industry tag-enterprise-inside-industry tag-enterprisepm tag-inside-industry tag-manufacturing tag-public-enterprises-ministry tag-state-privatization-program wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>After <\/strong> <strong>facing losses for years, state-owned factories could get a helping hand from the<\/strong> <strong> private sector:<\/strong> The government is looking to formally enter partnerships with the private sector to step in and revamp state-owned companies and factories across several industries as part of a broader plan to cut down the public enterprises sector\u2019s losses, according to several sources Enterprise spoke with. A handful of lossmaking companies have received specific directions to seek out new partnerships with the private sector, or increase existing levels of cooperation with private sector players, to improve their factories\u2019 operations and how they manage their assets, our sources say. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why now?<\/strong> The public sector has been struggling for years with losses and accumulating debt piles, with just 73 out of 121 state-owned companies in the black, Deputy Chairman of the Senate\u2019s Industry, Trade, and SMEs Committee Mohamed El Manzalawy <a href=\"https:\/\/bit.ly\/3Dy2mzc\" style=\"\">said earlier this year<\/a>. These companies\u2019 combined net income stands at EGP 14.8 bn, while the other companies\u2019 combined losses stand at EGP 7.4 bn, meaning state-owned enterprises are eking out just EGP 7.5 bn in net income, El Manzalawy said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This isn\u2019t the first time we\u2019ve seen the private sector step in to manage a public sector company:<\/strong> Back in 2019, the Public Enterprises Ministry <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/13\/government-approves-handing-heliopolis-housing-management-to-an-investor\/\" style=\"\">moved to hand over management rights<\/a> of state-owned Heliopolis Housing and Development (HHD) to a private investor as part of the state privatization program. The ministry planned to award management rights and a 10% stake in the company to a private investor as part of its wider plan to sell a 25% stake, before scrapping the plans <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/40338f45-ce01-4357-8342-fde8ee90c5bf\" style=\"\">the following year<\/a> after seemingly failing to find an interested buyer. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We could see more of that in the near future:<\/strong> The Holding Company for Construction and Development (HCCD) and HHD are expected to move forward on a handful of private-public partnership agreements to develop investment zones, which would benefit from and connect to national megaprojects such as the monorail and the new administrative capital, according to our sources in private sector construction and contracting players. Earlier this year, HCCD was also <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/40338f45-ce01-4357-8342-fde8ee90c5bf\" style=\"\">reportedly in talks<\/a> with Gulf investors over its land bank and other assets, with a company source telling us at the time that the arrangement would be a \u201cpartnership.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gov\u2019t is getting its ducks in a row before going to the private sector:<\/strong> The chemical industries sector is currently working on restructuring a number of fertilizer factories ahead of bringing in private sector players to move things ahead, according to our sources. A portion of the proceeds from the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5067c94e-7ceb-4c73-b054-d8ff999260d4\" style=\"\">sale of Paint and Chemical Industries<\/a>(Pachin) earlier this month has been earmarked for restructuring two companies in the sector before offering them up to the private sector, one official who asked to remain anonymous told Enterprise. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The strategy moving forward: Partnerships for maximum value:<\/strong> The government is primarily looking at setting up partnerships with the private sector to improve how state-owned companies\u2019 assets are managed and to maximize their value, our sources told us. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Which companies are getting in on this?<\/strong> It\u2019s pretty much open season for partnerships between the public and private sectors to cut down on operating costs and losses, our sources told us. The Public Enterprises Ministry is currently working on a detailed roadmap with the partnerships it\u2019s making available at its companies, with specifics such as the sector they operate in, their geographic location, the value of investments, and a study on each project. The ministry is also meeting with private sector investors to pitch this roadmap, our sources told us. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There are a handful of contenders at the forefront of the push:<\/strong> Public Enterprises Minister Mohamed Esmat and representatives of porcelain manufacturer Eissa Group <a href=\"http:\/\/www.mpbs.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/news38.aspx\" style=\"\">discussed earlier this year<\/a> a partnership to develop and upgrade state-owned Ceramic and Porcelain Products General Company\u2019s ceramic factory. The planned upgrade would see the factory produce porcelain products using Italian technology to help fulfill local demand and earmark output for export. The government is <a href=\"https:\/\/bit.ly\/3rS4wHC\" style=\"\">also looking at<\/a> making vacant branches of Omar Effendi and Holding Company for Tourism and Hotels subsidiary Banzaioun available to private sector furniture and wood product manufacturers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\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\"><strong>Your top industrial development stories for the week:<\/strong> <\/p>\n<ul>\n<li><strong>The General Authority for the Golden Triangle Economic Zone <\/strong> <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eb908682-39b5-469a-81b9-4174432a90fb\" style=\"\">received three offers<\/a><\/strong> to establish fertilizer complexes in the Red Sea governorate\u2019s Golden Triangle. <\/li>\n<li><strong>Chinese textile manufacturer Shanghai Shengda will establish a <\/strong> <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/37cb49d0-1913-4c96-8e64-b9fc6cd4d403\" style=\"\">USD 40 mn ready-made garments factory<\/a><\/strong> in the Abo Khalifa Industrial Zone, under an agreement inked with the Suez Canal Economic Zone. <\/li>\n<li><strong>Local pharma outfit Gennecs plans to <\/strong> <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2583fa6e-4631-4569-ad50-be28c5a3e0b4\" style=\"\">invest USD 1 50 mn in its Gennvax pharma factory<\/a><\/strong> in the Suez Canal Economic Zone, which will produce 300 mn vaccines a year, making it the largest of its kind in the MENA region. <\/li>\n<li><strong>The local arm of Chinese home appliances giant Midea Electric will establish <\/strong> <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2583fa6e-4631-4569-ad50-be28c5a3e0b4\" style=\"\">a USD 105 mn factory<\/a><\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2583fa6e-4631-4569-ad50-be28c5a3e0b4\" style=\"\">in Sadat City<\/a> to manufacture home appliances, providing some 3.1k new jobs. <\/li>\n<li><strong>Medical supplies manufacturer Balm & Africa will invest <\/strong> <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2583fa6e-4631-4569-ad50-be28c5a3e0b4\" style=\"\">EGP 885 mn to build a packaging plant in Ismailia<\/a><\/strong>, which is expected to create up to 350 jobs. <\/li>\n<li><strong>Japanese manufacturer Yazaki will begin construction of its <\/strong> <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9c560360-0ef6-4db8-8844-ac78e2958f68\" style=\"\">EUR 30 mn factory<\/a><\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9c560360-0ef6-4db8-8844-ac78e2958f68\" style=\"\">in Fayoum\u2019s first freezone<\/a> after signing land contracts with local authorities. <\/li>\n<li><strong>Torishima Pumps will establish a <\/strong> <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4a46b8a4-6a75-493a-b837-f9a07b9cafad\" style=\"\">USD 5 mn water pump factory<\/a><\/strong> in the Suez Canal Economic Zone. <\/li>\n<li><strong>Egypt is set to allocate industrial land plots<\/strong> in the cities of October, Fayoum, Beni Suef, the 10th of Ramadan, and Sadat, to investors within a month, as part of the government commitment to exit from various sectors of the economy in favor of the private sector. <\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inside-industry\/\">INSIDE INDUSTRY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/public-enterprises-ministry\/\">Public Enterprises Ministry<\/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                    <\/div>\n    <\/div>\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column\" style=\"flex-basis:19.8%\"><\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<section id=\"591066\" 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\/07\/30\/591066\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-591066\" class=\"content-area-description single-story post-591066 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;\">AUGUST<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2 -3 August (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/traiconevents.com\/fintechegypt\/\" style=\"\">Fintech Revolution Summit<\/a><\/span><span style=\"font-weight:400;\">, Cairo Festival City.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3 August (Thursday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CumxoDqMl0j\/?igshid=ZTJlZmI4ZjZmNw%3D%3D\" style=\"\">Massar Egbari concert<\/a><\/span><span style=\"font-weight:400;\">, Bibliotheca Alexandrina, Alexandria. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3<\/span><span> August (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CvM98nCNmY3\/\" style=\"\">Medhat Saleh and Reham Abd El Hakim concert<\/a><\/span><span>, New Alamein Festival 2023, New Alamein. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4<\/span><span> August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CvRpmofNh3B\/\" style=\"\">Mounir and Hamid El Shari concert<\/a><\/span><span style=\"font-weight:400;\">, New Alamein Festival 2023, New Alamein. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5<\/span><span> August (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CvUavMmt52F\/\" style=\"\">Elissa and Tamer Ashour concert<\/a><\/span><span style=\"font-weight:400;\">, New Alamein Festival 2023, New Alamein. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 August (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/s\/%D8%AC%D8%AF%D9%84-x-%D8%A7%D9%84%D8%B3%D8%A7%D9%82%D9%8A%D8%A9-8-%D8%A7%D8%BA%D8%B3%D8%B7%D8%B3-2023\/1088479965872418\/\" style=\"\">Jadal concert<\/a><\/span><span>, El Sawy <\/span><span>Culturewheel<\/span><span style=\"font-weight:400;\">, El Zamalek, Cairo. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10<\/span><span> August (Thursday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CvIiyckL43a\/\" style=\"\">Omar Khairat concert<\/a><\/span><span style=\"font-weight:400;\">, the New Alamein Festival 2023, New Alamein. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10<\/span><span> August (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CvNOfITNHb8\/\" style=\"\">Carole Smaha and Bahaa Sultan concert<\/a><\/span><span style=\"font-weight:400;\">, New Alamein Festival 2023, New Alamein. <\/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;\">10 August (Thursday): Jadal concert, Bibliotheca Alexandrina, Alexandria. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/1736074900145840\/?acontext=%7B%22event_action_history%22%3A[%7B%22surface%22%3A%22home%22%7D%2C%7B%22mechanism%22%3A%22discovery_top_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">Amr Diab Summer Concert<\/a><\/span><span style=\"font-weight:400;\">, Golf Porto Marina, North Coast. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13 -19 August(Sunday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/s\/%D9%85%D8%B9%D8%B1%D8%B6-%D8%A7%D9%84%D8%B3%D8%A7%D9%82%D9%8A%D8%A9-%D9%84%D9%84%D9%83%D8%AA%D8%A7%D8%A8\/1316913362572845\/?mibextid=RQdjqZ\" style=\"\">El Sawy<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/s\/%D9%85%D8%B9%D8%B1%D8%B6-%D8%A7%D9%84%D8%B3%D8%A7%D9%82%D9%8A%D8%A9-%D9%84%D9%84%D9%83%D8%AA%D8%A7%D8%A8\/1316913362572845\/?mibextid=RQdjqZ\" style=\"\">Culturewheel<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/s\/%D9%85%D8%B9%D8%B1%D8%B6-%D8%A7%D9%84%D8%B3%D8%A7%D9%82%D9%8A%D8%A9-%D9%84%D9%84%D9%83%D8%AA%D8%A7%D8%A8\/1316913362572845\/?mibextid=RQdjqZ\" style=\"\">book fair<\/a><\/span><span style=\"font-weight:400;\">, ElSawy Culturewheel, Zamalek, Cairo. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12 August (Saturday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CumxoDqMl0j\/?igshid=ZTJlZmI4ZjZmNw%3D%3D\" style=\"\">Massar Egbari concert<\/a><\/span><span>, El Sawy <\/span><span>Culturewheel<\/span><span style=\"font-weight:400;\">, Sheikh Zayed, Cairo.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21 August (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/293435623148575\/?acontext=%7B%22event_action_history%22%3A[%7B%22surface%22%3A%22home%22%7D%2C%7B%22mechanism%22%3A%22discovery_top_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">Akher Zafeer concert<\/a><\/span><span>, El Sawy <\/span><span>Culturewheel<\/span><span style=\"font-weight:400;\">, El Zamalek, Cairo.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22 August (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/668828008470811\/\" style=\"\">Omar Khairat Live Concert<\/a><\/span><span style=\"font-weight:400;\">, Royal Maxim Palace Kempinski, Cairo. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 August (Friday): Russ Concert, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/alameinfestival\/\" style=\"\">New Alamein Festival 2023<\/a><\/span><span style=\"font-weight:400;\">, North Coast. <\/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>21-23 September (Thursday-Saturday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/egypt.letapebytourdefrance.com\/presentation\" style=\"\">L\u2019Etape Egypt<\/a><\/span><span style=\"font-weight:400;\"> by Tour de France, Sharm El Sheikh<\/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.<\/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;\">13-20 October (Friday-Friday): 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>28 October (Saturday): Djs <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/kygoofficial\/posts\/846377006847494\" style=\"\">Kygo, Ti\u00ebsto, Kung and Frank walker concert<\/a><\/span><span style=\"font-weight:400;\">, Giza Pyramids. <\/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;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-24 November (Wednesday-Friday): Cairo International Film Festival (CIFF).<\/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>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":591050,"template":"","categories":[],"tags":[],"class_list":["post-591049","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"1a1b0437-5d89-44a0-8660-2720398c4265","teaser":"","photo_url":"https:\/\/ent.news\/2021\/5\/3369.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>Blame climate change - 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\/blame-climate-change\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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