{"id":609447,"date":"2023-11-05T00:00:00","date_gmt":"2023-11-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=609447"},"modified":"2025-12-17T01:45:40","modified_gmt":"2025-12-17T01:45:40","slug":"where-does-crypto-go-from-here","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/","title":{"rendered":"Where does crypto go from here?"},"content":{"rendered":"<section id=\"609449\" 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=\"609449\">\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\/11\/05\/this-evening-egypts-pmi-falls-to-five-month-low-in-october-reserves-inch-up-again\/\">\r\n                            THIS EVENING: Egypt\u2019s PMI falls to five-month low in October + Reserves inch up again                        <\/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\/11\/05\/this-evening-egypts-pmi-falls-to-five-month-low-in-october-reserves-inch-up-again\/\" 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\/11\/05\/this-evening-egypts-pmi-falls-to-five-month-low-in-october-reserves-inch-up-again\/')\">\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\/11\/05\/this-evening-egypts-pmi-falls-to-five-month-low-in-october-reserves-inch-up-again\/\">\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: Egypt\u2019s PMI falls to five-month low in October + Reserves inch up again&url=https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/this-evening-egypts-pmi-falls-to-five-month-low-in-october-reserves-inch-up-again\/\">\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\/11\/05\/this-evening-egypts-pmi-falls-to-five-month-low-in-october-reserves-inch-up-again\/&title=THIS EVENING: Egypt\u2019s PMI falls to five-month low in October + Reserves inch up again\">\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+Egypt%E2%80%99s+PMI+falls+to+five-month+low+in+October+%2B+Reserves+inch+up+again+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F11%2F05%2Fthis-evening-egypts-pmi-falls-to-five-month-low-in-october-reserves-inch-up-again%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\/11\/05\/this-evening-egypts-pmi-falls-to-five-month-low-in-october-reserves-inch-up-again\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/1600-reading-newspaper.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"609450\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/this-evening-egypts-pmi-falls-to-five-month-low-in-october-reserves-inch-up-again\/1600-reading-newspaper-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/1600-reading-newspaper.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1600-reading-newspaper.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/1600-reading-newspaper.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/1600-reading-newspaper.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-609449\" class=\"content-area-description single-story post-609449 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\/11\/.38c50bdb-81a0-46ab-b45a-aa74058e78a9.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, ladies and gents.<\/strong> The news cycle is reasonably brisk as we kick off a new workweek. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORIES TODAY<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The contraction in Egypt\u2019s non-oil private sector deepened in October <\/strong>on the back of fewer new orders driven by increasing prices, EGP weakness and supply chain issues, according to S&P Global\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/178.pdf\" style=\"\" rel=\"noopener\">latest PMI figures (pdf)<\/a>. The index slipped to a five-month low of 47.9 in October, down from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/37e16884-e004-4518-b66e-ae943f37c2b8\" style=\"\" rel=\"noopener\">48.7 in September<\/a>, as inflationary pressures hit purchasing ability and led to staffing and stock reductions, indicating \u201cthe sharpest deterioration\u201d in five months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FX reserves continue to rise:<\/strong> Our net foreign reserves inched up to USD 35.1 bn in October, from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ee135d58-c388-44e6-bbcd-5235e25e7358\" style=\"\" rel=\"noopener\">USD 34.97 bn in September<\/a>, according to <a target=\"_blank\" href=\"https:\/\/www.cbe.org.eg\/en\/news-publications\/news\/2023\/11\/05\/10\/42\/net-international-reserves-at-the-end-of-october-2023\" style=\"\" rel=\"noopener\">central bank<\/a> figures released today.<\/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>Updates from Israel\u2019s siege on Gaza continues to lead the conversation in the<\/strong><strong> international press:<\/strong><\/p>\n<ul>\n<li><strong>40 people were killed when Israeli forces attacked <\/strong><strong>another <\/strong><strong>refugee camp in Gaza early <\/strong><strong>today. <\/strong>This comes after Israel rejected the US suggestion of a humanitarian pause and pressed on with their onslaught on land. (<a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/israel-hamas-war-news-11-05-2023-eb1dfa6afe40ba267024c7d819e17194\" style=\"\" rel=\"noopener\">Associated Press<\/a>)<\/li>\n<li><strong>US Secretary of State Antony Blinken met with Mahmoud Abbas, head of the<\/strong><strong> Palestinian Authority during a surprise visit<\/strong><strong>to the Israeli-occupied West Bank today. <\/strong>This comes as a part of a series of visits in the area to navigate the tension in the region. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/arab-world-us-split-gaza-ceasefire-israeli-offensive-presses-2023-11-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/world\/2023\/11\/05\/israel-war-hamas-gaza-live-news-palestine\/\" style=\"\" rel=\"noopener\">The Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2023\/11\/05\/world\/israel-hamas-war-gaza-news\" style=\"\" rel=\"noopener\">The New York Times<\/a>)<\/li>\n<li><strong>Over a hundred foreign-passport holders were left waiting to leave Gaza as the Rafah<\/strong><strong> gates closed yesterday<\/strong>, with an eye to focus on the casualties in Gaza\u2019s hospitals to ensure that they pass the gates, according to a border official in Gaza and a diplomat. (<a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/world\/2023\/11\/05\/israel-war-hamas-gaza-live-news-palestine\/#link-FSI63VEDQ5DTXEUTHG6YSZKSJM\" style=\"\" rel=\"noopener\">The Washington Post<\/a>)<\/li>\n<li><strong>The death toll has reached 9,488 Palestinians,<\/strong> according to Gaza health officials. The numbers continue to rise as Israel\u2019s military forces continue to attack the enclave by air, sea, and land. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/arab-world-us-split-gaza-ceasefire-israeli-offensive-presses-2023-11-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HELP GAZA-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to support relief efforts in Gaza, but don\u2019t know how?<\/strong> We\u2019ve got you. More than 1 mn people in Gaza have been thrown from their homes and every human being there lacks access to food, water, and fuel amid the most intense bombardment any population has endured this century.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The folks at Talabat are processing donations for a range of Gaza relief appeals <\/strong>by charities including the Egyptian Food Bank and Misr El Kheir. Pay in EGP using your credit card.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Or check out <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/edition\/am\/f8ce0f50-10c2-4cca-8e6f-64c32a5c90b7\" style=\"\" rel=\"noopener\">our list of charities<\/a><\/strong><strong> to which you can make direct donations<\/strong> via bank deposit and \/ or Fawry. <\/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>Your petrol bill is going up:<\/strong> The Madouly government <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bdb1778c-42af-4168-bf2b-b59955a959ad\" style=\"\" rel=\"noopener\">hiked fuel prices by 9-14%<\/a> on Friday.<\/li>\n<li><strong>Are Israeli natural gas deliveries ramping back up?<\/strong> Israel\u2019s natural gas imports to Egypt <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a295943e-e812-4cd6-9a7c-17fe8bff0426\" style=\"\" rel=\"noopener\">have partially picked up after a sudden slump in supply<\/a> following the outbreak of the war on Gaza.<\/li>\n<li><strong>Gov\u2019t budget cutbacks are making a comeback:<\/strong> Ministers last week <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0ee7dee0-e5f9-4574-8263-7b5b02e945e9\" style=\"\" rel=\"noopener\">approved in principle<\/a> fresh cutbacks to government spending through the end of the current fiscal year due to the ongoing FX crunch.<\/li>\n<\/ul>\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> We have our Manufacturer of the Month column, wherein we profile an industrial player with a manufacturing base here in Egypt. Manufacturer of the month is dedicated to looking at locally bred or international players to examine the success and challenges that came with being a manufacturer in Egypt, as well as their paths forward. Today, we speak to stationary, textiles, furniture, home appliances, and sportswear manufacturer Mintra.<\/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 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\"><strong>\u26c5 <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>Expect the mercury to rise to 32\u00b0C at its peak and drop to a cooler 20\u00b0C in the evening, according to our favorite weather app. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The early morning fog will continue in the days to come <\/strong>\u2014 despite the heat that will hit us at midday \u2014 according to <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/photo?fbid=717856440372926&set\" style=\"\" rel=\"noopener\">The Egyptian<\/a><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/photo?fbid=717856440372926&set\" style=\"\" rel=\"noopener\">Meteorological Authority<\/a>, making those early drives between 4am and 8am more tricky. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"609451 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=\"609451\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/609451\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-609451\" class=\"content-area-description single-story post-609451 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.beltoneholding.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/30.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"609452\" 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=\"609452\">\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\/11\/05\/sam-bankman-fried-convicted-of-fraud-do-performance-reviews-really-do-employees-justice\/\">\r\n                            Sam Bankman-Fried convicted of fraud + Do performance reviews really do employees justice?                        <\/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\/11\/05\/sam-bankman-fried-convicted-of-fraud-do-performance-reviews-really-do-employees-justice\/\" 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\/11\/05\/sam-bankman-fried-convicted-of-fraud-do-performance-reviews-really-do-employees-justice\/')\">\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\/11\/05\/sam-bankman-fried-convicted-of-fraud-do-performance-reviews-really-do-employees-justice\/\">\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=Sam Bankman-Fried convicted of fraud + Do performance reviews really do employees justice?&url=https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/sam-bankman-fried-convicted-of-fraud-do-performance-reviews-really-do-employees-justice\/\">\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\/11\/05\/sam-bankman-fried-convicted-of-fraud-do-performance-reviews-really-do-employees-justice\/&title=Sam Bankman-Fried convicted of fraud + Do performance reviews really do employees justice?\">\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=Sam+Bankman-Fried+convicted+of+fraud+%2B+Do+performance+reviews+really+do+employees+justice%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F11%2F05%2Fsam-bankman-fried-convicted-of-fraud-do-performance-reviews-really-do-employees-justice%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\/11\/05\/sam-bankman-fried-convicted-of-fraud-do-performance-reviews-really-do-employees-justice\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/204.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"609453\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/sam-bankman-fried-convicted-of-fraud-do-performance-reviews-really-do-employees-justice\/204-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/204.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"204.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/204.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/204.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-609452\" class=\"content-area-description single-story post-609452 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-enterprisepm tag-for-your-commute tag-performance-reviews tag-sam-bankman-fried tag-worklife 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\/11\/.fab9999d-431e-427e-8320-62f019c2e206.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Deposed crypto king Sam Bankman-Fried was <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/legal\/ftx-founder-sam-bankman-fried-thought-rules-did-not-apply-him-prosecutor-says-2023-11-02\/\" style=\"\" rel=\"noopener\">convicted on seven counts of<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/legal\/ftx-founder-sam-bankman-fried-thought-rules-did-not-apply-him-prosecutor-says-2023-11-02\/\" style=\"\" rel=\"noopener\">criminal fraud<\/a><\/strong><strong> yesterday<\/strong>, with Manhattan\u2019s federal court finding the 31-year-old founder of FTX guilty of USD multi-bn crypto fraud. Prior to his conviction, Fried had claimed that this platform was exceptionally safer than competitors\u2019, complete with an ins. fund to protect investors from (you guessed it) fraud.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What does this mean for the cryptosphere?<\/strong> While this trial might have shattered the trustworthy image of monkish, eccentric tech gurus, the volatile industry as a whole seems to have come out <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/2023\/nov\/02\/sam-bankman-fried-trial-key-takeaways\" style=\"\" rel=\"noopener\">unscathed<\/a>. Crypto advocates believe that FTX\u2019s disintegration \u2014 which cost customers over USD 8 bn in <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2022\/11\/22\/business\/ftx-bankruptcy-sam-bankman-fried.html\" style=\"\" rel=\"noopener\">missing assets<\/a> \u2014 is an anomaly, and some are even <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/10\/02\/ftx-customers-who-lost-fortune-are-doubling-down-on-crypto-.html\" style=\"\" rel=\"noopener\">doubling down<\/a>, cashing out through other means to reinvest in crypto.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The long con: <\/strong>Over the years, Bankman-Fried <a target=\"_blank\" href=\"https:\/\/markets.businessinsider.com\/news\/currencies\/sam-bankman-fried-ftx-crypto-regulation-experts-security-sec-markets-2022-2\" style=\"\" rel=\"noopener\">called<\/a> for the regulation of crypto and monitored consumer protection from US authorities. This came at the chagrin of crypto users who were drawn in by the decentralized and anti-establishment nature of the currency, but won him points with <a target=\"_blank\" href=\"https:\/\/nypost.com\/2023\/01\/19\/sam-bankman-frieds-ties-with-the-clintons-helped-dupe-investors\/\" style=\"\" rel=\"noopener\">powerful people<\/a>. Many investors reportedly found Bankman-Fried\u2019s <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/2023\/nov\/02\/sam-bankman-fried-trial-key-takeaways\" style=\"\" rel=\"noopener\">scruffy appearance<\/a> comforting, but insiders claimed that it was a calculated decision to look the part of the non-threatening wunderkind.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The month-long trial was laden with unimpeachable <\/strong><strong><a target=\"_blank\" href=\"https:\/\/time.com\/6330323\/sbf-trial-biggest-bombshells\/\" style=\"\" rel=\"noopener\">evidence<\/a><\/strong><strong> against him<\/strong>, including the testimony from former CEO of Alameda Research \u2014 FTX\u2019s sister hedge fund \u2014 and ex-girlfriend Caroline Ellison. Bankman-Fried\u2019s <a target=\"_blank\" href=\"https:\/\/www.npr.org\/2023\/10\/31\/1209498750\/sam-bankman-fried-trial-ftx-alameda-testimony-defense\" style=\"\" rel=\"noopener\">three-day-long testimony<\/a> in defense of himself did little to counteract the statements given to the court by five former members of his <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2023\/10\/26\/business\/sam-bankman-fried-witness-highlights.html\" style=\"\" rel=\"noopener\">inner circle<\/a>, all of whom have taken plea deals for their complicity in these crimes.<\/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>Performance reviews aren\u2019t quite enough to illustrate who is actually driving company <\/strong><strong>success and who isn\u2019t<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/d94c4b29-fb76-4985-ba48-26d63cf821b3\" style=\"\" rel=\"noopener\">Financial Times<\/a>. Less than 50% of North American firms who participated in surveys in 2021 reported that they have no idea who is really the valued employee putting in the elbow grease by using performance reviews in their current model. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cRank and yank\u201d performance reviews are back in fashion, despite being shunned <\/strong><strong>decades ago.<\/strong> Based on a system used by the US military before World War II it focuses on the survival of the strongest contender and has recently been readopted by tech companies as they skim staff based on evidence demonstrating employee performance.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But these reviews do not account for many important factors. <\/strong>How can the performanceof employees who help their peers reach their goals quicker or those who foresee a looming problem and nip it in the bud have their performance measured? It\u2019s simple \u2014 they don\u2019t.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remote work and messaging tools contribute to the problem. <\/strong>With more WFH or hybrid work set-ups a lot of the measurable interactions that take place happen without line-managers or seniors being aware, since they are not privy to these conversations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>360-degree performance reviews may be the answer. <\/strong>Asking questions such as who do your employees go for guidance or who do they think is an exceptional performer, and why, could give those strong and silent types a chance to shine, and perhaps stay on in any establishment. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The review is a requirement in most establishments to rank their employees, <\/strong>and is often the underlying reason that there can be a divide in employees and a decrease in morale.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BY THE NUMBERS-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- 15% of workers produce 50% of revenue<\/strong>, while 5% produce 50% of problems, claims Confirm, a performance review platform, cited in the Financial Times.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Managers spend only eight seconds reading a self-reflection for every 7.5 minutes it <\/strong><strong>takes an employee to write it<\/strong>, shares the salmon-backed paper.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- 14% of employees felt inspired to improve from their reviews<\/strong><strong>but others believe <\/strong><strong>differently. <\/strong>They believe that the reviews do not equip, inspire, or improve performance, and are not the best method for determining pay and promotion, <a target=\"_blank\" href=\"https:\/\/www.gallup.com\/workplace\/249332\/harm-good-truth-performance-reviews.aspx\" style=\"\" rel=\"noopener\">Gallup<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4-<\/strong><strong>38% of people surveyed wanted to resign; in the end 21% actually left due to <\/strong><strong><a target=\"_blank\" href=\"https:\/\/textio.com\/feedback-bias-2023\" style=\"\" rel=\"noopener\">insufficient feedback<\/a><\/strong><strong>. <\/strong>The quality of feedback did play a huge role in employee retention; especially the use of language which contributed to increase in turnover. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/performance-reviews\/\">Performance reviews<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sam-bankman-fried\/\">Sam Bankman-Fried<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worklife\/\">worklife<\/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=\"609454 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=\"609454\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/609454\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-609454\" class=\"content-area-description single-story post-609454 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\/about-us\/sustainability\/sustainability-at-mashreq\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/994.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"609455\" 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=\"609455\">\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\/11\/05\/the-other-black-girl-weaves-race-and-mystery-into-a-thriller-series\/\">\r\n                            The Other Black Girl weaves race and mystery into a thriller series                        <\/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\/11\/05\/the-other-black-girl-weaves-race-and-mystery-into-a-thriller-series\/\" 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\/11\/05\/the-other-black-girl-weaves-race-and-mystery-into-a-thriller-series\/')\">\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\/11\/05\/the-other-black-girl-weaves-race-and-mystery-into-a-thriller-series\/\">\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 Other Black Girl weaves race and mystery into a thriller series&url=https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/the-other-black-girl-weaves-race-and-mystery-into-a-thriller-series\/\">\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\/11\/05\/the-other-black-girl-weaves-race-and-mystery-into-a-thriller-series\/&title=The Other Black Girl weaves race and mystery into a thriller series\">\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+Other+Black+Girl+weaves+race+and+mystery+into+a+thriller+series+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F11%2F05%2Fthe-other-black-girl-weaves-race-and-mystery-into-a-thriller-series%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\/11\/05\/the-other-black-girl-weaves-race-and-mystery-into-a-thriller-series\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-609455\" class=\"content-area-description single-story post-609455 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\/11\/.a382845e-4fb2-4731-bfbd-3090fc1a5c9e.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>The Other Black Girl tackles race complexities and the fight for success.<\/strong> Based on Zakiya Dalila Harris\u2019 bestselling book of the same name, the 10-episode series focuses on a relationship between two employees in their mostly-white workplace that posits how racial discrimination still exists. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Wagner, an all-white publishing house, hires Nella (Sinclair Daniel) who is the only black <\/strong><strong>employee. <\/strong>She faces the pressure of being the \u201cdiversity token\u201d without being too \u201cblack.\u201d When Hazel (Ashleigh Murray) \u2014 who is also black \u2014 joins the company, Nella finds solace, but unease begins to fester due to Hazel\u2019s past and ambition. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Then things take a turn for the worse.<\/strong> Nella receives threats and warnings to leave Wagner. Eventually, she becomes entangled in uncovering Wagner\u2019s dark history about its previous black editor. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hazel and Nella\u2019s dynamic reflects on another duo in the 80s who shared similar <\/strong><strong>experiences.<\/strong> This comes through apparitions and hallucinations that Nella experiences, showing that even though time has gone by, the mentality of racial competitiveness still lives on. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cWe talked a lot in the writers\u2019 room about how far we\u2019ve come since the 80s \u2014 or not,\u201d<\/strong>explain Jordan Reddout and Gus Hickey, the writers and producers of the new show. They also add that each pair of women were reacting to the system around them in vastly different decades. But what is scary \u2014 horrific, even \u2014 to see the similarities in their experiences, and what these systems are making them sacrifice just to exist,\u201d they told <a target=\"_blank\" href=\"https:\/\/variety.com\/2023\/tv\/features\/the-other-black-girl-plot-twist-ending-season-2-1235721606\/\" style=\"\" rel=\"noopener\">Variety<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WHERE TO WATCH- <\/strong><a target=\"_blank\" href=\"https:\/\/www.apps.disneyplus.com\/eg\/home?ref=%2Fseries%2Fthe-other-black-girl%2F1gazavvCXgHw\" style=\"\" rel=\"noopener\">Disney+<\/a> and <a target=\"_blank\" href=\"https:\/\/www.hulu.com\/series\/the-other-black-girl-0f1b9a13-2d2b-4836-a460-a2813a160e3c\" style=\"\" rel=\"noopener\">Hulu<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"609460 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"609460\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/609460\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-609460\" class=\"content-area-description single-story post-609460 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.palmhillsdevelopments.com\/en-us\/home\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/enterprise.press\/wp-content\/uploads\/2022\/12\/Palm-Hills-The-Crown-web-dec-22.jpg\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"609461\" class=\"issue-section enterprise-adv\">\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 svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240927.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/mashreq.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27486.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/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-gsa9iuo\" data-v=\"4\" data-block-id=\"gsa9iuo\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-gsa9iuo-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-gsa9iuo-inner-blocks\">\r\n            <div 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-018gb3l\" data-v=\"4\" data-block-id=\"018gb3l\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-018gb3l-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-018gb3l-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240936.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/cira.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27480.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Shaping the future of education in Egypt<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 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=\"609462\" 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=\"609462\">\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\/11\/05\/what-the-markets-are-doing-on-5-november-2023\/\">\r\n                            What the markets are doing on 5 November, 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\/11\/05\/what-the-markets-are-doing-on-5-november-2023\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/what-the-markets-are-doing-on-5-november-2023\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/what-the-markets-are-doing-on-5-november-2023\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What the markets are doing on 5 November, 2023&url=https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/what-the-markets-are-doing-on-5-november-2023\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/what-the-markets-are-doing-on-5-november-2023\/&title=What the markets are doing on 5 November, 2023\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+the+markets+are+doing+on+5+November%2C+2023+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F11%2F05%2Fwhat-the-markets-are-doing-on-5-november-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\/11\/05\/what-the-markets-are-doing-on-5-november-2023\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-609462\" class=\"content-area-description single-story post-609462 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\/11\/.ae6a613c-4508-4327-a03f-0021c38c46b4.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 2.0% at today\u2019s close<\/strong> on turnover of EGP 3.58 bn (47.7% above the 90-day average). Regional investors were net sellers. The index is up 58.2% 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>Beltone Financial Holding (+8.8%), Qalaa Holding (+5.0%) and EFG Holding (+4.9%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Mopco (-1.6%), Oriental Weavers (-0.9%) and Alexandria Mineral Oils Company (-0.7%).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/go-with-the-flow\/\">Go with the Flow<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<div class=\"alignfull inside-industry vertical-section wide-section wp-block-group issue-section\" id=\"609463\">\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                <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\/our-manufacturer-of-the-month-mintra\/\">  \r\n                            Our Manufacturer of the Month: Mintra<\/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\/our-manufacturer-of-the-month-mintra\/\" 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\/our-manufacturer-of-the-month-mintra\/')\">\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\/our-manufacturer-of-the-month-mintra\/\">\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=Our Manufacturer of the Month: Mintra&url=https:\/\/enterpriseam.com\/egypt\/inside_industry\/our-manufacturer-of-the-month-mintra\/\">\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\/our-manufacturer-of-the-month-mintra\/&title=Our Manufacturer of the Month: Mintra\">\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=Our+Manufacturer+of+the+Month%3A+Mintra+https%3A%2F%2Fenterpriseam.com%2Fegypt%2Finside_industry%2Four-manufacturer-of-the-month-mintra%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\/our-manufacturer-of-the-month-mintra\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-609463\" class=\"content-area-description post-609463 inside_industry type-inside_industry status-publish hentry category-inside-industry tag-enterprise-inside-industry tag-enterprisepm tag-hani-cassis tag-inside-industry 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>MANUFACTURER OF THE MONTH- <\/strong>Once a month, Inside Industry looks at a manufacturer \u2014 whether locally bred or an international player with a manufacturing base here in Egypt. The monthly feature covers manufacturers in different industries to look at their success stories, the challenges they have faced as local manufacturers, and the path forward as Egypt looks to build a more robust local industry. This month, we spoke with Hani Cassis (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/hani-cassis-a22b1b25\/?originalSubdomain=eg\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), chairman of <a target=\"_blank\" href=\"https:\/\/mintra.com.eg\/\" style=\"\" rel=\"noopener\">Mintra<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mintra is a multi-disciplinary brand that produces a range of products including <\/strong><strong>stationary, textiles, furniture, home appliances, and sportswear. <\/strong>You probably use Mintra products at home without realizing it. Anybody you talk to will probably tell you that they\u2019ve carried one of our Jumbo notebooks at some point. Our initial marketing strategy was to promote different brand names under the Mintra family, like Jumbo, but we\u2019ve shifted to umbrella branding with our newer products.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Affordability is an important part of our marketing strategy. <\/strong>We aim to sell our products to every Egyptian household. Our products are all affordable, high-quality, sustainable, and environmentally friendly items tested at the highest standards and devoid of hazardous materials. We view our customers as supporters and aim to provide value for money.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The majority of our manufacturing components are locally sourced.<\/strong> Only 10% of materials that go into our shoes, for example, are imported. It\u2019s one of our most vertically-integrated segments and we actually manufacture most of the materials in-house, including rubber and the EVA that goes into the soles. Because the portion of imported components is so low, we\u2019ve been able to maintain the prices of our shoes despite the devaluation. Sports shoes are a very labor-intensive product. In a country like Vietnam, they\u2019re a mainstay of the economy. We locally source two thirds of the components used in the production of furniture, microfiber products, textiles, bags, and home appliances. Paper-based products are 100% locally sourced. Our eco-friendly range is primarily made out of sugarcane.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mintra accounts for 2% of the world\u2019s exports in notebooks and pads.<\/strong> Across the board, we\u2019re Egypt\u2019s biggest exporter to the US market by far. We export our products to over 80 countries across all continents. Our biggest export market in terms of consumption is the US, followed by Europe \u2014 specifically France, UK, Germany, Italy, and Spain. We export to everywhere we can unless there\u2019s a political issue that precludes us from doing so. That includes unusual destinations like Panama, Madagascar, and Mauritius. Mintra makes the most sales where purchasing power is the highest. In the Gulf, for instance, that\u2019s Saudi Arabia. Right here, it\u2019s South Africa. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We export 90% of our stationery, which is one of our most well-established segments, <\/strong><strong>and we\u2019re targeting the same percentage for all our products.<\/strong> Exports vary from one segment to another depending on what stage the product has reached in its life cycle. When we launch a new product, we always start with the local market and gradually ramp up exports. It\u2019s a hell of a job; you need a marketing strategy for each market, as well as staff and inventory on the ground. We brought our shoes factory online last year and made our first shipment of Mintra sports shoes to the US market two months ago. We\u2019re currently sending the second batch. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our branding and quality are identical across all of our markets. <\/strong>The products sold by <a target=\"_blank\" href=\"https:\/\/mintra.com.eg\/\" style=\"\" rel=\"noopener\">Mintra Egypt<\/a> are the same as those available at <a target=\"_blank\" href=\"https:\/\/mintrausa.com\/\" style=\"\" rel=\"noopener\">Mintra USA<\/a> or <a target=\"_blank\" href=\"https:\/\/mintra.fr\/\" style=\"\" rel=\"noopener\">Mintra France<\/a>, for instance, with the only difference being that the latter are a bit more expensive due to shipping costs and other expenses. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>If you don\u2019t have effective compliance mechanisms in place, you won\u2019t be able to export <\/strong><strong>at all. <\/strong>Our manufacturing processes are audited by a third party and we continually test our machinery. We also conduct social and environmental audits and abide by global ESG standards. This is ground zero for us; it goes without saying. The policies we uphold include equal pay for women and men, non-harassment, anti-bribery, and legal working age.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>At home, our primary goal is not to make money, but rather to develop the local market<\/strong> \u2014 a feat that can only be accomplished by shifting the national focus from consumption to exporting. We care a lot about workmanship and the country\u2019s economic sustainability. The most fundamental tenet of sustainability is manufacturing locally and exporting to bring in hard currency into the country. Mintra adopted this vision early on. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s a general state of confusion between development and growth.<\/strong> What we need are clear mandates that guide the private sector towards developing the national industry. These mandates should be set by policy-makers then trickle down to all the sectors as tangible objectives and clear-cut KPIs and timelines. We also need to see a balanced shift from construction and real estate, where most businessmen are putting their money, to industrial sectors. If you look at the ads on the streets, it\u2019s all compounds and property. Real estate will only make the real estate developers rich. But a successful factory should make the workers rich enough to buy real estate. I'm not saying real estate development should come to a halt, but it should go hand in hand with manufacturing and exportation.<\/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>More golden licenses handed out:<\/strong> The General Authority for Investment and Freezones (GAFI) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3473f369-0b05-4a6c-9c5c-97b42b9f00ba\" style=\"\" rel=\"noopener\">handed out<\/a> four golden licenses to Samsung, GASCO, Fayoum Storage and Warehouses Company, and EgyptSat Auto. <\/li>\n<li><strong>French electrical equipment manufacturer Schneider Electric <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3473f369-0b05-4a6c-9c5c-97b42b9f00ba\" style=\"\" rel=\"noopener\">plans to inject<\/a><\/strong><strong> EUR 30 mn into its Badr City factory until 2025<\/strong> to increase the production capacity of low- and medium-voltage electrical panels and the company\u2019s smart ring connection units. <\/li>\n<li><strong>A German industrial zone in the SCZone?<\/strong> Egypt and Germany <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c56b1ef7-a0a4-4361-b790-0b4a0b294ddc\" style=\"\" rel=\"noopener\">kicked off discussions<\/a> about setting up a German industrial zone in the Suez Canal Economic Zone (SCZone).<\/li>\n<li><strong>Cement producers get greenlight to boost production for November:<\/strong> Cement producers were <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/08fe3660-f7c5-40dc-925c-397f0cf34f45\" style=\"\" rel=\"noopener\">given the greenlight<\/a> to boost production by 10% during November by the Trade Ministry. <\/li>\n<li><strong>ICON is setting up another project in Saudi:<\/strong> A subsidiary of local building materials manufacturer Industrial Engineering for Construction and Development (ICON) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b5930970-3733-4fc3-a40c-a3438c4b3e4c\" style=\"\" rel=\"noopener\">will build<\/a> a SAR 40 mn (USD 10.7 mn) light gauge steel (LGS) factory in Saudi Arabia\u2019s Tabuk.<\/li>\n<li><strong>India\u2019s Platinum Industries breaks ground on PVC factory:<\/strong> Plastics manufacturer Platinum Industries <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b5930970-3733-4fc3-a40c-a3438c4b3e4c\" style=\"\" rel=\"noopener\">began construction<\/a> on its 10k sqm PVC and CPVC factory in the Suez Canal Economic Zone. <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hani-cassis\/\">Hani Cassis<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inside-industry\/\">INSIDE INDUSTRY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/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=\"609464\" 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\/11\/05\/609464\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-609464\" class=\"content-area-description single-story post-609464 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;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26 October-18 November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.artdegypte.org\/#\/details\/42?type=exhibition\" style=\"\">Forever Is Now Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Pyramids of Giza. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12 October-5 November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/dcafegypt\" style=\"\">D-CAF (Downtown Contemporary Arts Festival)<\/a><\/span><span style=\"font-weight:400;\">, Downtown, Cairo. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26 October-3 November (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/s\/cairo-jazz-festival-2023\/6795894703786923\/\" style=\"\">The 15th Annual Cairo International Jazz Festival<\/a><\/span><span> at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/search?client=safari&rls=en&q=auc+tahrirs+campus&ie=UTF-8&oe=UTF-8#\" style=\"\">AUC\u2019s Tahrir campus<\/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>26 October-5 November (Thursday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/cairo-jazz-festival_se_647.html\" style=\"\">Cairo Jazz Festival<\/a><\/span><span> at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/auc-connect.aucegypt.edu\/PUBLICEV\/rsvp_boot?id=300097003\" style=\"\">AUC Tahrir<\/a><\/span><span>.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">2 November (Thursday): Sayed Ragab x Lina Chamamyan x \u201c<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/1288588418687553\/\" style=\"\">El hekaya b aswatna<\/a><\/span><span style=\"\">, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/maps\/place\/Theatro+arkan\/@30.0201672,31.003266,19.05z\/data=!4m6!3m5!1s0x14585b4a8513ab57:0x3ae83afb88db86d5!8m2!3d30.0203605!4d31.0035774!16s%2Fg%2F11j_8vs9gl?entry=ttu\" style=\"\">Theatro Arkan<\/a><\/span><span style=\"font-weight:400;\">, Sheikh Zayed. <\/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;\">3-5 November (Friday- Sunday): Cairocomix Festival, Mahmoud Mokhtar Cultural Center, Zamalek. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4 November (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/auc-connect.aucegypt.edu\/PUBLICEV\/rsvp_boot?id=300096605\" style=\"\">Edward Said Memorial Lecture<\/a><\/span><span style=\"font-weight:400;\"> at AUC Tahrir.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4 November (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/323273177060403\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_top_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">Ahmed Helmy interview<\/a><\/span><span style=\"font-weight:400;\">, Theatro Arkan, Sheikh Zayed. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4 November (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/CairoOperaHouse\/posts\/pfbid0UDLCqNpRGGhsLXfxJgDa6SmkV2dUuyyEthLRggqfg6dsmKzj9h7LkBaSSzXysfMcl\" style=\"\">Great Symphonies III<\/a><\/span><span style=\"font-weight:400;\"> concert, Cairo Opera House, Zamalek. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5 November (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/scenenow.com\/Events\/Detail\/30405-Sara-Moullablad\" style=\"\">Sara Moullablad concert<\/a><\/span><span style=\"font-weight:400;\">, Cairo Jazz Club.<\/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;\">5-6 November (Sunday-Monday): The Russian Tchaikovsky Symphony Orchestra concerts, Cairo Opera House, Zamalek. <\/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 November (Tuesday): The Russian Tchaikovsky Symphony Orchestra concert, Sayed Darwish Theatre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7<\/span><span>-18 November (Tuesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/auc-connect.aucegypt.edu\/PUBLICEV\/rsvp_boot?id=300098665\" style=\"\">Bank of Anxiety<\/a><\/span><span style=\"font-weight:400;\"> Play at the Falaki Theater.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8<\/span><span> November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/auc-connect.aucegypt.edu\/PUBLICEV\/rsvp_boot?id=300098792\" style=\"\">Gaza 2023 Lecture<\/a><\/span><span style=\"font-weight:400;\"> at AUC New Cairo.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8<\/span><span> November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/scenenow.com\/Events\/Detail\/30655-Next-Gen-Pop-Night-With-Sandra-Habach\" style=\"\">Next-Gen Pop Night concert<\/a><\/span><span style=\"font-weight:400;\"> with Sandra Habachy.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8<\/span><span> November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/scenenow.com\/Events\/Detail\/30443-Jellyzone-3ks3kas-Vol-\" style=\"\">Jellyzone Vol. 3<\/a><\/span><span style=\"font-weight:400;\"> at Cairo Jazz Club 610.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8<\/span><span>-11 November (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/sound-light-show_se_2461.html\" style=\"\">Sound and Light Show<\/a><\/span><span style=\"font-weight:400;\"> at The Giza Pyramids.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9<\/span><span> November (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/scenenow.com\/Events\/Detail\/30634-Music-for-Palestine-Event\" style=\"\">Music For Palestine concert<\/a><\/span><span style=\"font-weight:400;\"> at Cairo Jazz Club 610.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9<\/span><span>-10 November (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/ali-mama_se_2671.html\" style=\"\">Ali Mama P<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/ali-mama_se_2671.html\" style=\"\">lay<\/a><\/span><span style=\"font-weight:400;\"> at the Falaki Theater.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10 November (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/tickets\/buy-tickets-tamer-ashour-live-concert-at-zed-park-10-november-2023-zed-park-sheikh-zayed-6th-of-october-11332.html\" style=\"\">Tamer Ashour\u2019s concert<\/a><\/span><span style=\"font-weight:400;\">, Zed Park Sheikh Zayed. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10<\/span><span> November (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/scenenow.com\/Events\/Detail\/30581-Hisham-Abbas-ft-Ani\" style=\"\">Hisham Abbas ft. Anis concert<\/a><\/span><span style=\"font-weight:400;\"> at Cairo Jazz Club 610.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10<\/span><span> November (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/scenenow.com\/Events\/Detail\/30642-Son-Candel\" style=\"\">Son Candela concert<\/a><\/span><span style=\"font-weight:400;\"> at The Tap East.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10<\/span><span> November (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/scenenow.com\/Events\/Detail\/30646-Vanni-s-Band-Gigo-Pop\" style=\"\">Vannitronix concert<\/a><\/span><span style=\"font-weight:400;\"> at El Gouna.<\/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>11<\/span><span> November (Saturday): El Gouna <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/scenenow.com\/Events\/Detail\/28564-El-Gouna-Half-Marathon\" style=\"\">Half Marathon<\/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>11<\/span><span> November (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/scenenow.com\/Events\/Detail\/30539-Paper-Recycling-Workshop-With-Wessam\" style=\"\">Paper Recycling Workshop<\/a><\/span><span style=\"font-weight:400;\"> at Cocoon Cultural Center.<\/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;\">11 November (Saturday): Russell Peters stand-up comedy show, The Marquee Theatre, Cairo Festival City Mall. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-15 November (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/events.predicthq.com\/events\/HrnGpvmKzNjfJy6rtW\" style=\"\">Destination Africa Expo<\/a><\/span><span style=\"font-weight:400;\"> at Royal Maxim Palace Kempinski.<\/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): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/elfit-sports-and-fitness-games_se_2010.html\" style=\"\">ELFIT Sports and Fitness Games<\/a><\/span><span style=\"font-weight:400;\"> at New Capital Sports City.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23<\/span><span> November (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/saad-eloud-music-concert_se_2668.html\" style=\"\">Saad ElOud Concert<\/a><\/span><span style=\"font-weight:400;\"> at Arkan Plaza.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">25 November (Saturday): Masr El Gedida Carnival at Maryland.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26 November (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.thetap.co\/\" style=\"\">Souad Massi<\/a><\/span><span style=\"font-weight:400;\"> concert at Tap East.<\/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;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 December (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/332040212632017\" style=\"\">Cairo Fun Festival<\/a><\/span><span style=\"font-weight:400;\"> by Bike Zone Egypt in Heliopolis.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 December (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/200506559665614\/200510466331890\/?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=\"\">The Christmas Charity Bazaar<\/a><\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/maps\/place\/All+Saints'+Cathedral,+Cairo\/@30.0581875,31.2210938,17z\/data=!3m1!4b1!4m6!3m5!1s0x14584144fe089721:0xc13c43bf9bec5ac2!8m2!3d30.0581829!4d31.2236687!16s%2Fm%2F0t515gg?entry=ttu\" style=\"\">All Saints\u2019 Cathedral, Zamalek<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2023: The inauguration of the Grand Egyptian Museum.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Q1 2024: Opening of the newly developed Pyramids Plateau in Giza.<\/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;\">2024<\/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;\">JANUARY<\/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 January (Sunday): Coptic Christmas.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 January (Thursday): Revolution Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">9 April (Tuesday): Eid El Fitr (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 April (Thursday): National holiday in observance of Sinai Liberation Day (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1 May (Wednesday): National holiday in observance of Labor Day (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">5 May (Sunday): Coptic Easter.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">6 May (Monday): Sham El Nessim (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">15-19 June (Saturday-Wednesday): Eid El Adha (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 June (Sunday): June 30 Revolution Day (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JULY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">7 July (Sunday): National holiday in observance of Islamic New Year (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23 July (Tuesday): Revolution Day (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 September (Sunday): National holiday in observance of Prophet Muhammad\u2019s birthday (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6 October (Sunday): Armed Forces Day.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":609448,"template":"","categories":[],"tags":[],"class_list":["post-609447","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"92786615-bcee-494a-a02f-81c96d411670","teaser":"","photo_url":"https:\/\/ent.news\/2022\/12\/791.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>Where does crypto go from here? - 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\/where-does-crypto-go-from-here\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Where does crypto go from here?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-17T01:45:40+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/791.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/\",\"name\":\"Where does crypto go from here? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/791.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-11-05T00:00:00+00:00\",\"dateModified\":\"2025-12-17T01:45:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/791.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/791.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Afternoon\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/PMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Where does crypto go from here?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Where does crypto go from here? - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/","og_locale":"en_US","og_type":"article","og_title":"Where does crypto go from here?","og_url":"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/","og_site_name":"EnterpriseAM Egypt","article_modified_time":"2025-12-17T01:45:40+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/791.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/","url":"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/","name":"Where does crypto go from here? - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/791.jpg?fit=%2C&ssl=1","datePublished":"2023-11-05T00:00:00+00:00","dateModified":"2025-12-17T01:45:40+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/791.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/791.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/afternoon\/where-does-crypto-go-from-here\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Afternoon","item":"https:\/\/enterpriseam.com\/egypt\/PMarchives\/"},{"@type":"ListItem","position":3,"name":"Where does crypto go from here?"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/609447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/afternoon"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/609448"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=609447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=609447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=609447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}