{"id":610366,"date":"2023-11-19T00:00:00","date_gmt":"2023-11-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=610366"},"modified":"2025-12-17T02:06:00","modified_gmt":"2025-12-17T02:06:00","slug":"cycle-to-cop28","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/cycle-to-cop28\/","title":{"rendered":"Cycle to COP28"},"content":{"rendered":"<section id=\"610368\" 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                            \"\r\n            id=\"610368\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/this-evening-environment-ministry-kicks-off-garbage-collection-training-program-in-seven-governorates\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/215.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"610369\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/this-evening-environment-ministry-kicks-off-garbage-collection-training-program-in-seven-governorates\/215-jpg-20\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/215.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"215.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/215.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/215.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-610368\" class=\"content-area-description single-story post-610368 post type-post status-publish format-standard has-post-thumbnail hentry category-uncategorized tag-banking tag-enterprisepm 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\/.025e7020-a142-4d1f-a188-ddeb97fdaaba.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon friends, and welcome to this dusty beginning of week. <\/strong>We are really pulling teeth with our news cycle today as we make a start to this workweek. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PSA- <\/strong>The rising winds picking up the dust will hinder visibility and could make way for rain later during the evening, according to our friends at the <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/ema.gov.eg\/posts\/pfbid02JDSHRLYhroYuAw27GqiFsVsFME17q7s3c5yFdLcxDEY7ebB1nReDrYy2Z8VegyZSl\" style=\"\" rel=\"noopener\">Egyptian Meteorological Authority<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY TODAY<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The Environment Ministry has kicked off a training program for informal <\/strong><strong>garbage collectors in seven governorates<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0duzbnsV1tkVVFRd1jfD8YZxYy6auQZ5uNNbaQ9imyn32gEPKmemLyaXr82btgRV8l\" style=\"\" rel=\"noopener\">ministry statement<\/a>. The first phase of the program is being rolled out in Dakahlia, Qalyubia, Kafr El Sheikh, Gharbia, Menoufia, Giza, and Cairo, the statement says. <\/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;text-align:left\"><strong>The tumult at OpenAI after Sam Altman\u2019s ouster as CEO <\/strong><strong>has left little room for any other story<\/strong> in the international business press this afternoon. Investors, including Microsoft (the startup\u2019s biggest backer with USD 10 bn in investments) and prominent venture capital firms, are reeling: A lack of notice on the matter, fears the resulting uncertainty has set them off and now they\u2019re working to get rid of the company\u2019s board and reinstate Altman \u2014 a move that could be concluded as early as today. Other investors are committed to supporting Altman in whatever he does, whether its a return to OpenAI or the start of a new venture (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-11-18\/openai-board-being-pressed-by-some-investors-to-reinstate-altman?srnd=premium-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/466bf00a-1e76-4255-be2b-3c1d37508031\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/11\/18\/openai-investors-push-to-bring-altman-back-as-ceo-after-fired-by-board.html\" style=\"\" rel=\"noopener\">CNBC<\/a>).<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** CATCH U<\/strong><strong>P QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>It\u2019s a wrap on the Eastern stake sale:<\/strong> Our friends at EFG Hermes <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/980.pdf\" style=\"\" rel=\"noopener\">concluded advisory (pdf)<\/a> to Global Investment Holding on its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/\/story\/d42b0c32-513b-4c59-9cd3-ee95c9515f06\/\" style=\"\" rel=\"noopener\">purchase of a 30% stake<\/a> in state-owned tobacco manufacturer Eastern Company for USD 625 mn, which is now the single-largest transaction since it rebooted its privatization strategy earlier this year.<\/li>\n<li><strong>Larger IMF program for Egypt under consideration, says Georgieva:<\/strong> The IMF is \u201cseriously considering\u201d <a target=\"_blank\" href=\"https:\/\/enterprise.news\/\/story\/2e3b6af2-e413-454a-ad16-4b0f5e9184cb\/\" style=\"\" rel=\"noopener\">increasing Egypt\u2019s USD 3 bn loan program<\/a> as the conflict in Gaza poses difficulties for the country.<\/li>\n<li><strong>More Egyptian-made BMWs?<\/strong> Global Auto Group (GAG), the agent and importer for BMW and Mini in Egypt, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/\/story\/83f133a8-68d0-488b-8938-11bffafef0e6\/\" style=\"\" rel=\"noopener\">has signed a binding framework agreement<\/a> with the Madbouly government to assemble cars locally.<\/li>\n<\/ul>\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 spoke with EgyptSat Auto Chairman Mohamed Elghamry for the lowdown on his company\u2019s experience with the Madbouly government\u2019s golden license.<\/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\">\u26c5<strong>TOMORROW\u2019S WEATHER- <\/strong>We are looking for a more overcast day as the mercury reaches a high of 22\u00b0C during the daytime and cools to 15\u00b0C during the evening, according to our favorite weather app.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"610370 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"610370\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/610370\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-610370\" class=\"content-area-description single-story post-610370 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.beltoneholding.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/30.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"610371\" 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=\"610371\">\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\">FOR YOUR COMMUTE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/spacexs-starships-failure-to-launch-cycling-to-cop28\/\">\r\n                            SpaceX\u2019s Starship\u2019s failure to launch + Cycling to COP28                        <\/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\/19\/spacexs-starships-failure-to-launch-cycling-to-cop28\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" 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alt=\"\" data-attachment-id=\"610372\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/spacexs-starships-failure-to-launch-cycling-to-cop28\/986-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/986.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"986.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/986.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/986.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-610371\" class=\"content-area-description single-story post-610371 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-cop28 tag-elon-musk tag-enterprisepm tag-for-your-commute tag-spacex 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\/.49c8db4e-8168-4985-9737-72f9e4c9d01d.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Why fly to COP28 when you can pedal for 700 km to it?<\/strong> Sticking to his environmental guns, German-Egyptian businessman Yusef Ahmed initiated the <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/tour.de.cop.official\" style=\"\" rel=\"noopener\">Tour de COP<\/a> to usher in the <a target=\"_blank\" href=\"https:\/\/www.un.org\/climatechange\/cop28?gclid=CjwKCAiAgeeqBhBAEiwAoDDhn5fUbZsejm1R20Grd6BKT4euj_1wgmw8QJ6o9shphDfsKg40BVFK9RoCd90QAvD_BwE\" style=\"\" rel=\"noopener\">COP Conferences<\/a>, where influential figures track nations\u2019 progress on <a target=\"_blank\" href=\"https:\/\/unfccc.int\/process-and-meetings\/the-paris-agreement\" style=\"\" rel=\"noopener\">The Paris Agreement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By cycling from Cairo to Dubai, the group of riders aim to raise awareness<\/strong> for the environment, cut down on plane fuel emissions, and support the <a target=\"_blank\" href=\"https:\/\/sdgs.un.org\/goals\" style=\"\" rel=\"noopener\">Sustainable Development Goals<\/a> of the UN.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The 20 cyclists are expected to cover 60 to 100 km per day<\/strong>, passing through Saudi Arabia on their way to the UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The gang: <\/strong>The group of cyclists include Ambassador Mohamed Elewa, UAE-based German cyclist Wolfgang Hohmann, Dr. Ralf Witzler from Frankfurt Main Finance, and Egyptian triathlete Ibrahim Hafez.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The journey doesn\u2019t end in Dubai for Ahmed, though.<\/strong> He made headlines last year for cycling 655 km, but this year he plans to extend his trip to 2.8k km by cycling back to Sharm El Sheikh after the conference alongside a smaller team. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The tour will kick off tomorrow,<\/strong> and the cyclists are expected to arrive at their destination between 26 and 28 November. The conferences are scheduled to take place on 30 November.<\/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>It has not been Musk\u2019s week:<\/strong> Hismost powerful rocket ever built failed to launch, again.SpaceX\u2019s Starship took off yesterday from Texas and failed minutes after lift off. This was the second attempt following an explosion in April just four minutes after launch. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How did it happen? <\/strong>After the hot-stage separation (where the second engine is fired up while the initial ones are still burning) the Super Heavy \u201c... booster experienced a rapid unscheduled disassembly,\u201d Elon Musk\u2019s <a target=\"_blank\" href=\"https:\/\/twitter.com\/SpaceX\/status\/1725880148271190388\" style=\"\" rel=\"noopener\">SpaceX<\/a> said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Despite the explosion the Starship itself made it to space<\/strong> before it was completely lost, according to <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2023\/11\/18\/science\/spacex-starship-launch-elon-musk#:~:text=The%20upper%20Starship%20stage%20reached%20an%20altitude%20of%2090%20miles%2C%20putting%20it%20in%20space.\" style=\"\" rel=\"noopener\">The New York Times<\/a> \u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2026 but it did not complete its planned mission of 90 minutes to space and back, <\/strong>according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/space\/spacex-starship-launched-test-flight-texas-after-last-one-blew-up-2023-11-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. The plan was for the rocket to come close to orbit, then fall back through Earth\u2019s atmosphere for a water landing off Hawaii\u2019s coast. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fueled by competition with China,<\/strong><strong>NASA has a large stake (an <\/strong><strong><a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2023\/11\/18\/world\/elon-musk-spacex-starship-launch-scn\/index.html\" style=\"\" rel=\"noopener\">estimated<\/a><\/strong><strong>USD 4 bn<\/strong><strong> investment<\/strong><strong>) in the success of Starship, <\/strong>which it is counting on to help land humans on the moon under its human spaceflight program, Artemis, Reuters says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adding more onto Musk\u2019s plate is his feud with media watchdog, Media Matters and other <\/strong><strong>critics of his social media platform, X. <\/strong>Musk and his company have been under scrutiny all week for the rise of antisemitic and racist content on the platform since his purchase, as <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3c2d1c94-8eb4-4ce4-b265-d1d4659e1230\" style=\"\" rel=\"noopener\">we noted this morning<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.mediamatters.org\/twitter\/musk-endorses-antisemitic-conspiracy-theory-x-has-been-placing-ads-apple-bravo-ibm-oracle\" style=\"\" rel=\"noopener\">Media Matters claims<\/a><\/strong><strong> ads for large companies, such as IBM, were posted alongside <\/strong><strong>pro-Nazi content.<\/strong> Musk himself came under fire on <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2023\/11\/17\/business\/elon-musk-reveals-his-actual-truth\/index.html\" style=\"\" rel=\"noopener\">Wednesday<\/a> for endorsing an antisemitic post. In light of these events, numerous companies have suspended ads (IBM, Disney, Warner Bros, etc.) and Musk threatened legal action against Media Matters.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cop28\/\">COP28<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/elon-musk\/\">Elon Musk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/spacex\/\">SpaceX<\/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=\"610373 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=\"610373\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/610373\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-610373\" class=\"content-area-description single-story post-610373 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.mashreq.com\/en\/uae\/about-us\/sustainability\/climb2change\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/97.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"610374\" 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=\"610374\">\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\">ENTERPRISE RECOMMENDS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/a-social-critique-disguised-as-a-romance-period-drama\/\">\r\n                            A social critique disguised as a romance period drama                        <\/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\/19\/a-social-critique-disguised-as-a-romance-period-drama\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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This new period drama set in the Victorian age brings the Old World (Britain) and the New World (yes, you guessed, a very young US of A) head-to-head in a clash of cultures. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Katherine Jakeways\u2019 adaptation of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.goodreads.com\/en\/book\/show\/856190\" style=\"\" rel=\"noopener\">Edith Wharton\u2019s final novel<\/a><\/strong><strong> brings us this eight episode <\/strong><strong>series<\/strong> set in 19th century New York and London, where five young American women go shopping for husbands in Britain after one of their peers marries an English lord.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Frills and corsets aside, this is a social critique disguised as a romance series.<\/strong> The women navigate the challenges of marriage, relationships, and societal expectations in a deeply patriarchal society. Moments of culture shocks \u2014 for both the high-strung English and playful Americans \u2014 and questioning identity emerge, which give the series some depth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The young ensemble cast are all familiar faces:<\/strong> Alisha Boe (Conchita) from 13 Reasons Why, Josh Dylan (Lord Richard) from Mamma Mia, Kristine Froseth (Nan St George) from The Society and Christina Hendrick (Mrs St George) from Mad Men. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The series moves quickly and often lacks context, but remains entertaining<\/strong> for a light watch with moments of romantic comedy that lacks pro-feminist rhetoric, <a target=\"_blank\" href=\"https:\/\/variety.com\/2023\/tv\/reviews\/the-buccaneers-review-apple-tv-1235767233\/\" style=\"\" rel=\"noopener\">Variety<\/a> opines. But it does celebrate and respect the playful, clever, imaginative, attractive, and influential qualities of women and girls in a society that idolizes and restricts them to domestic roles. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WHERE TO WATCH- <\/strong>You can catch the series on <a target=\"_blank\" href=\"https:\/\/tv.apple.com\/gb\/show\/the-buccaneers\/umc.cmc.g28hcpusm23xbs9zwvnwn9re\" style=\"\" rel=\"noopener\">Apple TV+<\/a>. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"610379 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=\"610379\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/610379\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-610379\" class=\"content-area-description single-story 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\r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"610381\" 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=\"610381\">\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\">GO WITH THE FLOW<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/what-the-markets-are-doing-on-19-november-2023\/\">\r\n                            What the markets are doing on 19 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 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              <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/what-the-markets-are-doing-on-19-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 19 November, 2023&url=https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/what-the-markets-are-doing-on-19-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\/19\/what-the-markets-are-doing-on-19-november-2023\/&title=What the markets are doing on 19 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+19+November%2C+2023+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F11%2F19%2Fwhat-the-markets-are-doing-on-19-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\/19\/what-the-markets-are-doing-on-19-november-2023\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-610381\" class=\"content-area-description single-story post-610381 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\/.f512f8a9-6e9a-4217-976c-8080cb28e337.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 2.1% at today\u2019s close<\/strong> on turnover of EGP 3.2 bn (20.4% above the 90-day average). Regional investors were net sellers. The index is up 70.6% 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>CIRA Education (+11.1%), Sidpec (+6.8%) and Mopco (+5.7%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Palm Hills Development (-2.4%), GB Corp (-1.7%) and Madinet Masr (-1.6%).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/go-with-the-flow\/\">Go with the Flow<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<div class=\"alignfull inside-industry vertical-section wide-section wp-block-group issue-section\" id=\"610382\">\r\n    <div class=\"issue-section__content\">\r\n        <div class=\"alignwide wp-block-columns\">\r\n            <div class=\"wp-block-column sidebar-vertical-info\" style=\"flex-basis:22.8%\">\r\n                <figure class=\"wp-block-image size-full\">\r\n                                            <img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27470.svg\" style=\"width:80%\" alt=\"\" >\r\n                                    <\/figure>\r\n                <p>\r\n                    Our weekly look at the issues, trends, and policies that are shaping Egypt's manufacturing industries.                <\/p>\r\n                <figure class=\"wp-block-image size-full mt-0 mb-0 img-white-bg\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27477.svg\" alt=\"\"><\/figure>\r\n                <p class=\"has-text-color has-link-color\">\r\n                    Published every Sunday in EnterprisePM.                <\/p>\r\n                <div class=\"wp-block-buttons mt-0\">\r\n                    <div class=\"wp-block-button\">\r\n                        <a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/enterpriseam.com\/egypt\/inside-industry\/\">\r\n                            Read Inside Industry                            \r\n                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\r\n                    <div class=\"issue-story-header text-center\">\r\n                        <div class=\"index-number\">4<\/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\/egyptsat-auto-secured-its-golden-license-but-are-unclear-industry-standards-in-the-way\/\">  \r\n                            EgyptSat Auto secured its golden license, but are unclear industry standards in the way?<\/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\/egyptsat-auto-secured-its-golden-license-but-are-unclear-industry-standards-in-the-way\/\" 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\/egyptsat-auto-secured-its-golden-license-but-are-unclear-industry-standards-in-the-way\/')\">\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\/egyptsat-auto-secured-its-golden-license-but-are-unclear-industry-standards-in-the-way\/\">\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=EgyptSat Auto secured its golden license, but are unclear industry standards in the way?&url=https:\/\/enterpriseam.com\/egypt\/inside_industry\/egyptsat-auto-secured-its-golden-license-but-are-unclear-industry-standards-in-the-way\/\">\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\/egyptsat-auto-secured-its-golden-license-but-are-unclear-industry-standards-in-the-way\/&title=EgyptSat Auto secured its golden license, but are unclear industry standards in the way?\">\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=EgyptSat+Auto+secured+its+golden+license%2C+but+are+unclear+industry+standards+in+the+way%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2Finside_industry%2Fegyptsat-auto-secured-its-golden-license-but-are-unclear-industry-standards-in-the-way%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\/egyptsat-auto-secured-its-golden-license-but-are-unclear-industry-standards-in-the-way\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-610382\" class=\"content-area-description post-610382 inside_industry type-inside_industry status-publish hentry category-inside-industry tag-egyptsat-auto tag-enterprise-inside-industry tag-enterprisepm tag-golden-license tag-inside-industry tag-manufacturing 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>No clear road after EgyptSat Auto golden license: <\/strong>Egyptian automotive company EgyptSat Auto <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0XoV92RhkttaFZSNGyZFnh7VTwfcHQmhQ8vNQ66K9yUtikrPTVKZu4bwuFSvWZ8qUl\" style=\"\" rel=\"noopener\">successfully obtained the golden license<\/a> late last month to produce two models of locally made electric vehicles. Although some parts of the experience were smooth sailing, others brought hiccups to the company\u2019s production plans, EgyptSat Auto board Chairman <a target=\"_blank\" href=\"https:\/\/eg.linkedin.com\/in\/mohamed-elghamry-b5269540\" style=\"\" rel=\"noopener\">Mohamed Elghamry<\/a> tells Enterprise. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- What are golden licenses?<\/strong> Introduced in the Investment Act of 2017, <a target=\"_blank\" href=\"https:\/\/enterprise.press\/industries\/enterprise-explains-golden-licenses-for-industry\/\" style=\"\" rel=\"noopener\">golden<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.press\/industries\/enterprise-explains-golden-licenses-for-industry\/\" style=\"\" rel=\"noopener\">licenses<\/a> create a streamlined process to set up new industrial and infrastructure projects that fit a certain list of requirements and criteria. Rather than exempting investors from the necessary approvals, the acquisition of the license serves as a one-stop shop for all necessary approvals to move forward with a project. The Madbouly government <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c6877e9b-11cc-4db7-bd39-53bfb157854a\" style=\"\" rel=\"noopener\">made it easier in December<\/a> for industry to receive the licenses by scrapping a minimum issued capital requirement and allowing companies to apply for it online.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There are good parts of the experience: <\/strong>Elghamry had good things to say about the attention given to the processing of golden licenses, including that the importance of the licenses was highlighted both at a meeting he had with Prime Minister Mostafa Madbouly, as well as at his arrival at the <a target=\"_blank\" href=\"https:\/\/www.gafi.gov.eg\/English\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">General Authority for Investment and Freezones (GAFI)<\/a>. The government also delivered on their promise to process his license in a short time period, he told Enterprise.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt <\/strong><strong>\u2665\ufe0f EV: <\/strong>The ease with which EgyptSat Auto obtained the golden license is no surprise: Last year, Madbouly launched a national strategy that backs the electric vehicle industry. The Egyptian <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/ar\/news\/story\/349542a2-c5c6-4c68-bc9c-124ea716e3ee\" style=\"\" rel=\"noopener\">Automotive Industry Development Program (AIDP)<\/a> encourages EV localization with the aim of enhancing the country\u2019s existing assembly and manufacturing capabilities and to encourage new investment into the sector. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But there are some drawbacks in the production process:<\/strong> There is an absence of clear standards for the manufacturing of small cars, Elghamry argues. EgyptSat Auto plans to produce e-vehicles as an alternative to tuktuks, while <a target=\"_blank\" href=\"https:\/\/climate.enterprise.press\/stories\/2023\/11\/06\/egypt-partners-with-chinese-firms-on-green-public-transport-electric-tuktuks-103123\/\" style=\"\" rel=\"noopener\">other local car manufacturers<\/a> are looking into a similar type of model. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Incompatible manufacturing standards:<\/strong> While the tuktuk alternative is a choice of model that takes into account the socio-economic conditions in Egypt, the specifications provided by the <a target=\"_blank\" href=\"https:\/\/www.eos.org.eg\/ar\" style=\"\" rel=\"noopener\">Egyptian Standards and Quality Authority<\/a> were a translation of specifications set for Europe, Elghamry tells us. Many of these specifications are not compatible with the infrastructure or the industrial environment in Egypt, such as the weight of the vehicle and its exterior design, he argues. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The uncertainty could lead to scheduling setbacks:<\/strong> If the questions around standards and specifications within the Egyptian context are not answered soon, Elghamry warns that production will likely face delays. He added that his company had submitted urgent memos to the Industry Minister, and that he had requested an urgent meeting with the prime minister in hopes of ironing out these uncertainties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On EgyptSat Auto\u2019s horizon:<\/strong> The company plans to invest EGP 300 mn to produce two electric vehicle models, with plans to produce a total of 5k units per month at its Tenth of Ramadan factory. The vehicles will include a 60% local component quota, according to Elghamry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The specs:<\/strong> The first of the two models will reach speeds of up to 60 km per hour and cover 100 km per charge, while the second, which is intended for urban environments, is set to reach speeds of up to 80 km per hour and cover 200 km per charge. The cars\u2019 prices are set to range from EGP 150k to 190k, depending on its specifications.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Setting sights overseas:<\/strong> The company\u2019s goal is to direct part of its production for export, Elghamry also told Enterprise. While the first six months of production will focus on responding to demand in the local market, he says that export orders from the region make for twice the needs of the local market.<\/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>MSMEDA finances furniture projects in Damietta:<\/strong> The Micro, Small and Medium Enterprises Development Agency (MSMEDA) is extending EGP 50 mn in financing to furniture manufacturers and complementary industries in Damietta. (<a target=\"_blank\" href=\"https:\/\/tinyurl.com\/49c3b93t\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Agro Egypt<\/strong><strong> to invest USD 5 mn in upping its fertilizer production capacity:<\/strong> Agro Egypt plans to set up two new fertilizer production lines worth a combined USD 5 mn to more than triple its monthly production capacity to 500k tons ahead of entering new export markets. (<a target=\"_blank\" href=\"https:\/\/tinyurl.com\/44y4w9ee\" style=\"\" rel=\"noopener\">Al Borsa<\/a>) <\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptsat-auto\/\">EgyptSat Auto<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/golden-license\/\">Golden license<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/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=\"610383\" 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\/19\/610383\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-610383\" class=\"content-area-description single-story post-610383 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 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>21 November (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/1073584683678629\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_local_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">A3det Saad El Oud concert<\/a><\/span><span style=\"font-weight:400;\">, Room Art Space and Cafe, New Cairo. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23 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:400;\">1 December (Friday): Skhoon band concert, Pyramids, 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:400;\">2 December (Saturday): Wael Al Fashni concert, El Sawy Culturalwheel, 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: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 style=\"font-weight:400;\">6 October (Sunday): Armed Forces Day.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":610367,"template":"","categories":[],"tags":[],"class_list":["post-610366","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"e80f79fb-a18a-4949-b2f2-13ca0e58d80a","teaser":"","photo_url":"https:\/\/ent.news\/2022\/1\/843.jpg"},"yoast_head":"<!-- This site is optimized with the 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