{"id":605776,"date":"2023-09-05T00:00:00","date_gmt":"2023-09-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=605776"},"modified":"2025-12-17T00:25:42","modified_gmt":"2025-12-17T00:25:42","slug":"feeling-the-heat","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/feeling-the-heat\/","title":{"rendered":"Feeling the heat"},"content":{"rendered":"<section id=\"605778\" 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=\"605778\">\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\/09\/05\/this-evening-non-oil-private-sector-activity-holds-steady-at-its-highest-point-in-two-years\/\">\r\n                            THIS EVENING: Non-oil private sector activity holds steady at its highest point in two years                        <\/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\/09\/05\/this-evening-non-oil-private-sector-activity-holds-steady-at-its-highest-point-in-two-years\/\" target=\"_blank\">\n                    Open in new 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href=\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/05\/this-evening-non-oil-private-sector-activity-holds-steady-at-its-highest-point-in-two-years\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/513.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"605779\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/05\/this-evening-non-oil-private-sector-activity-holds-steady-at-its-highest-point-in-two-years\/513-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/513.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"513.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/513.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/513.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-605778\" class=\"content-area-description single-story post-605778 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-economy tag-enterprisepm tag-pmi 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\/9\/.ebee584a-b9ff-46dc-89c0-a4cd9c019db7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Happy hump day, ladies and gentlemen. <\/strong> The midweek news cycle is comfortably balanced, with enough to keep us interested \u2014 without quite opening the floodgates. <\/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> PMI holds steady in August: <\/strong> Activity in Egypt\u2019s non-oil private sector remained at a two-year high in August, showing a \u201cmild\u201d level of contraction, according to S&P Global\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/9\/349.pdf\" style=\"\" rel=\"noopener\">purchasing managers\u2019 index (pdf)<\/a>. The country\u2019s PMI remained unchanged at 49.2 last month, keeping us \u201cclose to the 50.0 neutral threshold,\u201d suggesting that business activity is stabilizing \u201cafter a prolonged period of contraction.\u201d<\/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> China\u2019s Country Garden just managing to avoid default is leading the conversation <\/strong> in the international business press. The company managed a USD 22.5 mn payout in coupons to international bondholders as they were about to pass their 30-day grace period. This comes as Country Garden was the last company left standing after several Chinese developers defaulted on their debt and undermined the ailing housing and financial markets. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/country-garden-faces-second-debt-challenge-days-offshore-payment-comes-due-2023-09-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-05\/country-garden-pays-dollar-bond-interests-within-grace-period\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/finance\/investing\/chinas-country-garden-makes-overdue-dollar-bond-payments-narrowly-avoiding-default-626f515d?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/2497e2bd-f64e-40e9-96b2-09172ac4bb52\" style=\"\" rel=\"noopener\">Financial Times<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> HAPPENING TODAY- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> It\u2019s day two of the Africa Climate Summit: <\/strong>Climate leaders from across the continent are in the Kenyan capital for day two of the three-day <a target=\"_blank\" href=\"https:\/\/africaclimatesummit.org\/\" style=\"\" rel=\"noopener\">Africa Climate Summit<\/a>, which includes an Egyptian delegation headed by Prime Minister <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0QdN7D1FRA1PLi3fKAoLdpWUttUf8wiUnxXZ72drQUdDWYGTecmr9yBEGqGykcLFal\" style=\"\" rel=\"noopener\">Moustafa Madbouly<\/a> and Environment Minister Yasmine Fouad.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> What you missed so far: <\/strong>\u201cThis meeting presents a great opportunity to discuss climate financing issues and Egypt\u2019s vision regarding it, which focuses on looking into the climate financing tools currently available and the shift towards concessional financing,\u201dMadbouly said during a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0m5iQ3paHsiqxagJchbZHuYDjEBfQrFcNSW5xZKnmwPZEqnaodZuEk8rmCYJHub3Zl\" style=\"\" rel=\"noopener\">speech<\/a> earlier today. The PM also took part in a panel titled \u201cNew Global Climate Finance Architecture\u201d and another under the title \u201cScaling up adaptation,\u201d according to the <a target=\"_blank\" href=\"https:\/\/africaclimatesummit.org\/side-events\" style=\"\" rel=\"noopener\">summit\u2019s agenda<\/a>, while Fouad joined her counterparts in a panel under the title \u201cAdaptation across the continent.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Phase nine of the Beit El Watan initiative in progress: <\/strong>The Housing Ministry has opened the door for Egyptians living abroad to reserve some 2.53k plots of land up for grabs under the ninth phase of the Beit El Watan initiative, Housing Minister Assem El Gazzar said in a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0aX9vTpdJp1yrgadz8zKca7mcKZB6dc6MGLRMkXWuQDnXMWDK6wLXy9vdePz7WEnNl\" style=\"\" rel=\"noopener\">statement<\/a> yesterday. The plots offered are distributed among 14 new cities including New Cairo, Sheikh Zayed, Tenth of Ramadan, and New Aswan. The reservation door closes in three weeks. <\/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> ** CATCH UP QUICK <\/strong> on the top stories from today\u2019s <strong> EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong> Are we on track for the September IMF review? <\/strong> There <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b5a8ca2c-babc-4c88-a225-be324950f8d3\" style=\"\" rel=\"noopener\">are conflicting signals<\/a> from government officials regarding the IMF\u2019s anticipated review of our USD 3 bn loan program. <\/li>\n<li><strong> AfricInvest buys into BUE: <\/strong> Pan-African private equity firm AfricInvest <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/76bd2a60-24c4-4435-b4f0-af43d3930ad5\" style=\"\" rel=\"noopener\">is investing USD 40 mn<\/a>(EGP 1.2 bn) in British University in Egypt (BUE) to boost the university\u2019s growth plans.<\/li>\n<li><strong> Beltone to complete Cash takeover in 3, 2, 1\u2026 <\/strong>Beltone Financial Holding <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7fc94bfc-608b-48b6-a28b-cfa610c0f024\" style=\"\" rel=\"noopener\">has inked a share purchase agreement<\/a> to acquire 100% of Minya-based microfinance provider Cash after completing due diligence on the company.<\/li>\n<\/ul>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n  <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">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\"><a href=\"https:\/\/finance.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/climate.enterprise.press\/wp-content\/uploads\/2023\/08\/Finance-Forum-1920px.jpg\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> COUNTDOWN- There are just 13 days until the Enterprise Finance Forum, taking place 18-19 September <\/strong>(Monday and Tuesday) at the St. Regis Hotel on the Nile Corniche. This flagship forum is the latest in our must-attend series of invitation-only events, where CEOs, bankers, investors, founders, and corporate leaders will meet to discuss the trends shaping the future of banking, finance, NBFIs, and fintech \u2014 and of their clients.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> You won\u2019t want to miss this one: <\/strong> Join <strong> Todd Wilcox <\/strong> (CEO and deputy chair, HSBC Egypt), <strong> Akef El Maghraby <\/strong> (vice chairman, Banque Misr), <strong> Tarek El Nahas <\/strong> (group head of international banking, Mashreq), <strong> Nivanne Mortagy <\/strong> (North Africa lead, upstream, financial institutions group, IFC), <strong> Mounir Nakhla <\/strong> (founder and CEO, MNT Halan), <strong> Leila Serhan <\/strong> (group country manager and senior VP for North Africa, Levant and Pakistan, Visa) and many others for talks on everything from investing in uncertain times, to the coming of AI and digital banks. <strong> Stay tuned for the unveiling of our full list of speakers in the coming days. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/finance.enterprise.news\/\" style=\"\" rel=\"noopener\">Tap or click here to REGISTER or view the FULL AGENDA.<\/a><\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> We are honored to count some of the region\u2019s most important financial institutions as our partners for this special event. <\/strong>The Enterprise Finance Forum could not take place without the support of our partners including Banque Misr, Al Baraka Bank, FAB Misr, HSBC, Mashreq, CI Capital, Global Corp, Visa, Hassan Allam Utilities, and the IFC. <\/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> \u2600\ufe0f <\/strong><strong> TOMORROW\u2019S WEATHER- <\/strong>The heatwave begins as the mercury rises to 41\u00b0C at its peak in the day and drops to a warm 27\u00b0C in the evening, according to our favorite weather app.<\/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\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pmi\/\">PMI<\/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=\"605780 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=\"605780\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/05\/605780\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-605780\" class=\"content-area-description single-story post-605780 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=\"605781\" 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=\"605781\">\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\/09\/05\/diamonds-on-the-decline-tourism-industry-is-focusing-on-sleep\/\">\r\n                            Diamonds on the decline? + Tourism industry is focusing on sleep                        <\/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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class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-605781\" class=\"content-area-description single-story post-605781 post type-post status-publish format-standard hentry category-for-your-commute tag-enterprisepm tag-for-your-commute tag-health tag-tourism 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\/9\/.bb49f47e-3001-4e29-87d7-b4613698a1c6.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Luxury spending is on the decline, and the diamond industry is feeling the heat. <\/strong>The pandemic has reshaped consumer priorities, seeing people spend their disposable income on travel and experiences rather than indulging in luxury spending, according to <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-03\/lab-grown-gems-are-crashing-prices-for-one-key-type-of-diamond?srnd=premium-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. As a result, the demand for naturally formed diamonds is in steep decline, with consumers choosing more reasonably priced rings made from lab-grown stones, making prices plunge. While this reportedly doesn\u2019t affect the industry at large, the rough-diamond market, which produces smaller diamonds, is under pressure, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-10-21\/de-beers-to-offer-sweeter-terms-as-diamond-market-shows-strain\" style=\"\" rel=\"noopener\">Bloomberg<\/a> says.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Lab-grown diamonds are fueling the price drop. <\/strong>The speed of the pricing collapse of rough diamonds sized at 2-4 carats \u2014 one of the diamond industry\u2019s most important products \u2014 is raising concerns about whether this is a permanent change that might spread to more expensive diamonds. Lab-grown diamonds are physically identical to naturally-formed diamonds and are created in microwave chambers in less than a month. They are cheaper alternatives than the traditional diamond, appealing to the post-pandemic sustainability aware buyer, as it also eliminates the environmental and social downsides that come alongside diamond mining.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The big players aren\u2019t particularly worried, apparently: <\/strong> It\u2019s difficult to put a positive spin on a change as drastic as this one, but De Beers \u2014 the world\u2019s largest producer and distributor of diamonds \u2014 believes that the market is simply in a natural downswing following a <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2021\/06\/17\/diamonds-demand-prices-increase-pandemic\" style=\"\" rel=\"noopener\">spike<\/a> in prices during lockdown. While they admit that synthetic diamonds have carved themselves a niche in the market, they maintain that it doesn\u2019t mark any permanent structural change in the industry. Despite their statements, De Beers has unprecedentedly cut prices by over 40% for diamonds sized between 2-4 carats, which are used as centerpiece diamonds for bridal rings, but declined to comment on its pricing changes to Bloomberg.<\/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> The hospitality industry is on a mission to help eradicate insomnia: <\/strong>Some hotels and resorts across the world are going beyond pillow menus and soft Egyptian bed linens to enforce innovative methods to help their guests fall into a deep and gentle slumber through what is referred to as \u201csleep tourism,\u201d <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/09\/04\/how-to-sleep-better-hotels-are-luring-guests-with-sleep-tourism-.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> People are having a hard time getting quality shut-eye: <\/strong>Around the world, men and women are feeling less rejuvenated and energized after waking up. Google trends are rife with searches about sleep, tiredness, and bedtime routines, CNBC notes. Hotels across London, New York City, and Miami, among other big cities have been listening in and are capitalizing on that by providing supposedly ideal circumstances for their guests to relax and ultimately fall asleep. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> As it turns out, sleep is not that simple: It takes a village, AI, and weighted blankets. <\/strong> Some hotels are offering \u201cdistraction-less\u201d rooms, with no TV or minibars, while others are installing smart mattresses that move to lull sleepers and gently wake them. Others go to lengths to provide 10-day programs, that involve sound-insulated rooms, mists with essential oils, and on-call sleep therapists and hypnotherapists, all in an effort to ensure a fulfilling slumber.<\/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\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/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=\"605783 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=\"605783\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/05\/605783\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-605783\" class=\"content-area-description single-story post-605783 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=\"605784\" 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=\"605784\">\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\/09\/05\/german-espionage-kleo-is-set-at-the-fall-of-the-berlin-wall\/\">\r\n                            German espionage Kleo is set at the fall of the Berlin Wall                        <\/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\/09\/05\/german-espionage-kleo-is-set-at-the-fall-of-the-berlin-wall\/\" 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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From the murderer\u2019s \u201cthis is my last job\u201d hope to a desire to exact revenge on her tormentors, Kleo Straub provides all the classic themes and motifs we expect from the genre. But it is perhaps the context that makes the show particularly appealing: Kleo works for the State Security Ministry of the German Democratic Republic (East Germany) on the eve of the fall of the Berlin wall. Her targets? Chiefly anyone East Germany considers an enemy. But like they say, no good deed goes unpunished and her dedication and loyalty to the state are unexpectedly rewarded with imprisonment in 1987. But Kleo is not one to accept her fate lying down \u2014 she takes it upon herself to find out who it was that sold her out, with many shocking revelations coming to light. Throughout her journey to her brand of justice, she makes more enemies, but also a few friends, and provides us viewers with an absorbing, bloody-but-sometimes-funny show to indulge in. <\/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=\"605789\" 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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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=\"605790\" 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=\"605790\">\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\/09\/05\/what-the-markets-are-doing-on-5-september-2023\/\">\r\n                            What the markets are doing on 5 September, 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\/09\/05\/what-the-markets-are-doing-on-5-september-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+5+September%2C+2023+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F09%2F05%2Fwhat-the-markets-are-doing-on-5-september-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\/09\/05\/what-the-markets-are-doing-on-5-september-2023\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-605790\" class=\"content-area-description single-story post-605790 post type-post status-publish format-standard hentry category-go-with-the-flow tag-eastern-company 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\/9\/.777cf33d-ee3c-4a10-9309-3cd32b960b0b.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> EARNINGS WATCH- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Eastern Company\u2019s bottom line grew 90% y-o-y to EGP 7.7 bn in FY 2022-23<\/strong>, which ends on 30 June 2023, while revenues declined 3% to EGP 66 bn in the same period, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/9\/507.pdf\" style=\"\" rel=\"noopener\">a disclosure to the<\/a> <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/9\/507.pdf\" style=\"\" rel=\"noopener\">bourse<\/a> <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/9\/507.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Remember: <\/strong>An <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9121100b-ab69-4143-96b8-32f1c082e62e\" style=\"\" rel=\"noopener\">Emirati investment company<\/a> has agreed to purchase a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2faf2678-e1de-4680-a046-b73c3abab8df\" style=\"\" rel=\"noopener\">30% stake<\/a> in Eastern Company in a transaction that will see it become the single-largest shareholder in the state-owned tobacco manufacturer.<\/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> MARKET ROUNDUP- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The EGX30 rose 0.7% at today\u2019s close <\/strong> on turnover of EGP 2.23 bn (5.7% above the 90-day average). Local investors were net buyers. The index is up 30.5% 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 (+7.3%), Qalaa Holdings (+3.1%) and Mopco (+2.3%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> In the red: <\/strong>Alexandria Containers and Cargo Handling (-4.4%), Orascom Development Egypt (-2.2%) and Beltone Financial Holding (-2.2 %).<\/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\/eastern-company\/\">Eastern Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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=\"605791\" 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=\"605791\">\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\">Founder of the Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/05\/meet-our-founder-of-the-week-aya-elgebeely-founder-of-talents-arena\/\">\r\n                            Meet our founder of the week: Aya ElGebeely, founder of Talents Arena                        <\/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\/09\/05\/meet-our-founder-of-the-week-aya-elgebeely-founder-of-talents-arena\/\" 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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Speaking to us this week is Aya ElGebeely (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/ayaelgebealy\/?originalSubdomain=sa\" style=\"\" rel=\"noopener\">Linkedin<\/a>), founder and CEO of recruitment technology platform <a target=\"_blank\" href=\"https:\/\/talentsarena.net\/\" style=\"\" rel=\"noopener\">Talents Arena<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> My name is Aya ElGebeely and I've been in the tech industry since 2009. <\/strong> I\u2019ve always been fascinated by computer science in general and how it impacts people\u2019s lives. Throughout the years, I\u2019ve played all the possible roles in tech, from development and software testing to software delivery, until I reached the point of being a CTO for Insurtech startups in Egypt. And then 10 years later, in 2019, I decided that it\u2019s time to start my own startup, Talents Arena. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Talents Arena was built to bridge the gap between businesses and top talents in MEA. <\/strong>My core vision back in 2019 was to showcase how the Middle East and Africa are very attractive tech hubs when it comes to talent. There are more than two mn tech graduates every year in Africa alone, according to the International Labor Office. We help people by providing the tools that enable them to search for hidden gems as well as empowering youth and tech talents.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The best part of my job is its impact. <\/strong> People you\u2019ve never met in your life can be affected by an idea you had and insisted on bringing to life. Even years later, people can tell you that this connection or this job changed their lives. These are very humbling moments that make me feel that what we are working on is worth doing. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The worst part of the job is the uncertainty that comes with running a startup<\/strong>,particularly as we navigate inflation, recessions, and so on. The main thing I gave up to start my business is sleep because you never rest nor settle down. Companies used to plan for three to five years ahead. Now you\u2019re lucky if you can predict things in the coming 12 to 18 months \u2014 not to mention of course the rapid technological advancements that we need to keep on top of to avoid becoming obsolete. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> My advice to anyone who wants to start their business is to know your \u201c<\/strong><strong>why.\u201d <\/strong>It\u2019s tough out there; when faced with difficulties, if your \u201cwhy\u201d isn\u2019t big or convincing enough, you will find reasons to shut it all down because the road is not all butterflies and rainbows. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Talents Arena helps companies save around 87% of the sourcing and interviewing time <\/strong>and we do it in a matter of seconds using our talent matching engine \u2014 kind of like Tinder. We typically try to connect people within 48 hours to four business days. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The first KPI we consistently look at is the satisfaction of both parties after an interview. <\/strong>We also consider the number of companies meeting talents for every job opened on our portal. Another metric is how quickly companies can set up their teams.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> For advice, I usually go to our advisory board and our investors. <\/strong>We usually focus on the people who\u2019ve got skin in the game. Our investors also care about our strategy and direction, so those are my people. And then there\u2019s my team: They\u2019re very talented and I value their opinion.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Being the founder of a startup <\/strong><strong> is <\/strong><strong> a lonely journey. <\/strong>Sometimes you try to shield your team from the tough times and so you endure moments of despair alone. Also, if the community around you is not aware about the entrepreneurial lifestyle, you can feel isolated from friends and family. But this is part of the journey and it does get better over time. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> We recently announced closing our <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8c9e73ff-bd4b-446f-b0fa-5908c59f11ac\" style=\"\" rel=\"noopener\">pre-seed round<\/a><\/strong>. As we expand in the GCC and Middle East, we are planning more rounds by the end of 2024 to further finance our research and development as well as our product expansion and sales channels. We also have a very detailed expansion plan in sub-Saharan countries and North Africa. I firmly believe in the African scene and that\u2019s what I\u2019m banking on.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Our short-term goals include stabilizing our footprint in the GCC market <\/strong> and starting to launch SAS products \u2014 which is basically a more generic flavor of hiring \u2014 by the end of the year, so stay tuned for it. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-bottom-border-left-border-left-style:solid;border-top-orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-right-border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong> My company was bootstrapped for two years <\/strong>andmy motto in the company was \u201csales are our fundraising vehicle.\u201d However, for extraordinary growth, you need extraordinary financing. And that's why angels and VCs were created: People who believe in the rapid growth you\u2019re aspiring for and can provide help that exceeds the usual linear growth provided by sales, especially during times of recession and inflation.<\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-bottom-border-left-border-left-style:solid;border-top-orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-right-border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong> If I had to exit my company tomorrow, that might happen through an acquisition <\/strong> where a bigger entity can make use of our technology and infrastructure. I don't think we're fit for an IPO yet. But either way, neither option is in the cards for us at the moment.<\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-bottom-border-left-border-left-style:solid;border-top-orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-right-border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong> The local investment scene has witnessed rapid growth in the past few months, <\/strong>but still not as fast as the global one. We need to work initially on our local investment laws pertaining to employee stock options, liquidation, shareholder agreements, and other kinds of legal issues that are not yet officially acknowledged. We need to develop the entrepreneurial scene and startup friendly taxation and legal structures for entrepreneurs to thrive and not worry everyday about things beyond what they are already fighting for. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-bottom-border-left-border-left-style:solid;border-top-orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-right-border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong> One startup that is doing an amazing job in Egypt is Breadfast. <\/strong><\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-bottom-border-left-border-left-style:solid;border-top-orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-right-border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong> If I didn\u2019t have Talents Arena I would either stay a programmer building systems, <\/strong>or go for my secret dream of being a professional chef. Maybe also working with kids.<\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-bottom-border-left-border-left-style:solid;border-top-orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-right-border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong> My family probably thinks I\u2019m a little crazy. <\/strong> Every time I accomplish a milestone, they don\u2019t understand what I\u2019m doing. I guess they wish I had a more stable and systematic life, but they know I don\u2019t fit within this framework. But at the end of the day, I think they\u2019re happy that I\u2019m happy. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-bottom-border-left-border-left-style:solid;border-top-orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-right-border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong> I recently read a book by Mathhew McConaughey called <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.amazon.com\/Greenlights-Matthew-McConaughey\/dp\/0593139135\" style=\"\" rel=\"noopener\">Greenlights<\/a><\/strong><strong> . <\/strong> It\u2019s a great book \u2014 I loved it. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-bottom-border-left-border-left-style:solid;border-top-orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-right-border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong> In my freetime, I like to practice meditation and yoga. <\/strong> I also like my coloring books, they keep me sane.&nbsp;<\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-bottom-border-left-border-left-style:solid;border-top-orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-right-border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong> For inspiration, I like to go anywhere with a sea or mountain. <\/strong>I like Egypt\u2019s Eastern Desert where I can be completely unplugged and unreachable for two or three days. It\u2019s a good spot to disconnect. <\/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\/founder-of-the-week\/\">FOUNDER OF THE WEEK<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/talents-arena\/\">Talents Arena<\/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=\"605793\" 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\/09\/05\/605793\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-605793\" class=\"content-area-description single-story post-605793 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\">SEPTEMBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5 September (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CwnL0zXMukG\/\" style=\"\">Mohamed Mohsen<\/a><\/span><span style=\"font-weight:400;\"> concert, Citadel Festival for Music and Singing, Citadel Salah El Din, Cairo. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6 September (Wednesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CwIXQBgMPd3\/\" style=\"\">Nesma Mahgoub<\/a><\/span><span> and  <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CwTIrPXtA0-\/\" style=\"\">Lena Chamamyan<\/a><\/span><span style=\"font-weight:400;\"> concert, Citadel Festival for Music and Singing, Citadel Salah El Din, Cairo. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6 September (Wednesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/Cwco6EvNd8r\/?hl=en\" style=\"\">El Morabba3 band and Samar Tarek concert<\/a><\/span><span style=\"font-weight:400;\">, Cairo Jazz Club 610, Sheikh Zayed, Cairo.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6 September (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/835192844989843\/835192858323175\/?acontext=%7B%22event_action_history%22%3A[%7B%22extra_data%22%3A%22%22%2C%22mechanism%22%3A%22discovery_top_tab%22%2C%22surface%22%3A%22bookmark%22%7D%2C%7B%22extra_data%22%3A%22%22%2C%22mechanism%22%3A%22surface%22%2C%22surface%22%3A%22permalink%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">Improv for All! With Radwan<\/a><\/span><span style=\"font-weight:400;\">, The Greek Campus, 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;\">7 September (Thursday): Omar Khairat concert, Citadel Festival for Music and Singing, Citadel Salah El Din, Cairo. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-9 September (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/animatex-4th-edition_se_2425.html\" style=\"\">Animatex<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/animatex-4th-edition_se_2425.html\" style=\"\">4th Edition<\/a><\/span><span> at AUC <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aucegypt.edu\/tahrir-cultural-center\" style=\"\">Tahrir Cultural Center<\/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>9 September (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/tickets\/buy-tickets-the-elite-stand-up-comedy-09-september-2023-the-marquee-cairo-festival-city-new-cairo-11190.html\" style=\"\">The Elite Stand Up Comedy<\/a><\/span><span style=\"font-weight:400;\"> show at The Marquee, Cairo Festival City.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-17 September (Thursday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/tickets\/buy-tickets-medfest-eg-5th-edition-stigma-from-14th-to-17th-of-sept-14-september-2023-auc-tahrir-cultural-center-cairo-11196.html\" style=\"\">Medfest Cinematic Film Forum<\/a><\/span><span> at AUC <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aucegypt.edu\/tahrir-cultural-center\" style=\"\">Tahrir Cultural Center<\/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>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>22-23 September (Friday-Saturday): Tamino Sahar Tour <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/open.spotify.com\/concert\/1cbxbAfoypr7frgz2JyV7w?si=a8e9bf82757241d8\" style=\"\">concert<\/a><\/span><span> in AUC <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aucegypt.edu\/tahrir-cultural-center\" style=\"\">Tahrir Cultural Center<\/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;\">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>11 November (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CvNDnfANplu\/?img_index=1\" style=\"\">El Gouna Half Marathon 2023<\/a><\/span><span style=\"font-weight:400;\">, El Gouna. <\/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;\">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>16 November (Thursday): Jim Gaffigan\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/tickets\/buy-tickets-jim-gaffigan-16-november-2023-the-marquee-cairo-festival-city-new-cairo-11134.html\" style=\"\">Barely Alive Tour<\/a><\/span><span style=\"font-weight:400;\"> at The Marquee, Cairo Festival City.<\/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":605777,"template":"","categories":[],"tags":[],"class_list":["post-605776","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0a5d8943-236a-4646-9d5a-6edf35b8923c","teaser":"","photo_url":"https:\/\/ent.news\/2021\/8\/3295.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>Feeling the heat - 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\/feeling-the-heat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Feeling 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