{"id":615860,"date":"2024-02-25T00:00:00","date_gmt":"2024-02-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=615860"},"modified":"2025-12-17T04:07:10","modified_gmt":"2025-12-17T04:07:10","slug":"movies-by-ai","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/movies-by-ai\/","title":{"rendered":"Movies by AI?"},"content":{"rendered":"<section id=\"615862\" 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=\"615862\">\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\/2024\/02\/25\/this-evening-egx30-closes-down-5-after-adq-investment-cools-off-parallel-market-ndfs\/\">\r\n                            THIS EVENING: EGX30 closes down 5% after ADQ investment cools off parallel market + NDFs                        <\/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\/2024\/02\/25\/this-evening-egx30-closes-down-5-after-adq-investment-cools-off-parallel-market-ndfs\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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          <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=THIS EVENING: EGX30 closes down 5% after ADQ investment cools off parallel market + NDFs&url=https:\/\/enterpriseam.com\/egypt\/2024\/02\/25\/this-evening-egx30-closes-down-5-after-adq-investment-cools-off-parallel-market-ndfs\/\">\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\/2024\/02\/25\/this-evening-egx30-closes-down-5-after-adq-investment-cools-off-parallel-market-ndfs\/&title=THIS EVENING: EGX30 closes down 5% after ADQ investment cools off parallel market + NDFs\">\n                    LinkedIn                    <!-- <img decoding=\"async\" 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                  <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/110.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"615863\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/25\/this-evening-egx30-closes-down-5-after-adq-investment-cools-off-parallel-market-ndfs\/110-jpg-25\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/110.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"110.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/110.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/110.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-615862\" class=\"content-area-description single-story post-615862 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-egx tag-enterprisepm tag-ras-el-hekma 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\/2024\/2\/.be69498c-3804-4510-b10d-8dabb7bfec76.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 gentlemen.<\/strong> We\u2019re starting off a new week that promises to be busy and bring us a very full pipeline of news, which most of us were anticipating after an eventful weekend. <\/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>EGX falls 5%:<\/strong> The EGX30 fell 5.0% at the close of trading today, according to market data, after news of Abu Dhabi wealth fund ADQ\u2019s planned USD 35 bn investment in Egypt for development rights to Ras El Hekma on the North Coast over the weekend. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The EGP strengthened in the parallel and derivatives markets following the investment announcement, with the FX rate cooling to somewhere between EGP 49.50 and EGP 52.00 against the greenback, while the official rate remained unchanged. The EGP also strengthened in the market for twelve-month non-deliverable forwards, with traders putting the USD-EGP rate at the high 50s, down from a January peak of 66.7. <\/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>The Donald continues to dominate the Republican primaries and international headlines.<\/strong>Most recently, the former POTUS defeated Nikki Haley in her home state of South Carolina, with 60% to her 39%, only further solidifying his run for president. Haley still vows to stay in the running until at least the <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/02\/01\/us\/politics\/super-tuesday-when-states.html#:~:text=It%20is%20the%20day%20in%20the%20presidential%20primary%20cycle%20when%20the%20most%20states%20vote.%20The%20exact%20number%20varies%20by%20year%2C%20but%20it%20is%20common%20for%20a%20third%20of%20all%20delegates%20to%20the%20Republican%20or%20Democratic%20conventions%20to%20be%20awarded%20on%20Super%20Tuesday.\" style=\"\" rel=\"noopener\">Super Tuesday<\/a> primaries despite her losses, arguing that many Republicans are wary of Trump serving another term, but her performance has many questioning how long she can stay in the race. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/8dd21100-fc6e-4e80-b00f-7475f159814d\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/who-voted-how-south-carolina-primary-trump-haley-86a0c7960e5c3c7f88ec1c9a330be53e\" style=\"\" rel=\"noopener\">Associated Press<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/elections\/2024\/02\/24\/trump-haley-south-carolina-primary-republicans\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/how-trump-defeated-nikki-haley-her-home-state-south-carolina-2024-02-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/02\/24\/us\/politics\/trump-haley-south-carolina-takeaways.html\" style=\"\" rel=\"noopener\">New York Times<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1816.jpg?ssl=1\"\/><\/a> <\/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\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/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>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\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>The Madbouly government has inked a USD 35 bn agreement with ADQ, <\/strong>giving the Abu Dhabi wealth fund and longtime investor in Egypt the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b0b97fcf-95b0-4d39-86ae-0a4989221520\" style=\"\" rel=\"noopener\">development rights<\/a> to Ras El Hekma on the North Coast.<\/li>\n<li><strong>The Madbouly government is still looking at how it will use the proceeds from the sale, <\/strong>but a top government official told us yesterday <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7ff3f1fe-8206-4052-b4da-085131fed0a4\" style=\"\" rel=\"noopener\">that addressing the import backlog and paying arrears owed to foreign partners are among cabinet\u2019s top priorities<\/a>.<\/li>\n<li><strong>News of the <\/strong><strong>ADQ\u2019s<\/strong><strong> USD 35 bn investment in Egypt saw the EGP strengthen immediately<\/strong> in the parallel and derivatives markets. It remains unchanged at 30.95 to the USD in the official market ahead of banks opening today, with speculation now that <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f90dcd68-c0d7-458a-990e-a21914368d0e\" style=\"\" rel=\"noopener\">we could see a \u201cmodest\u201d devaluation<\/a> as early as this Thursday.<\/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> The high interest environment has been challenging for businesses, particularly manufacturers and industry players, as financing for capital expenditure is prohibitively expensive. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>?\ufe0f <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>Expect a warmer and sunnier day tomorrow that will bring us a high of 25\u00b0C in the daytime and a low of 12\u00baC at night, according to our favorite weather app. <\/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\/ras-el-hekma\/\">Ras El Hekma<\/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=\"615864 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=\"615864\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/25\/615864\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-615864\" class=\"content-area-description single-story post-615864 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=\"615865\" 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=\"615865\">\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\/2024\/02\/25\/openai-rolling-out-new-voice-controlled-hyper-real-movie-creation-tech-plus-women-can-get-more-with-less-exercise\/\">\r\n                            OpenAI rolling out new voice-controlled hyper-real movie creation tech. PLUS: Women can get more with less (exercise)                        <\/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\/2024\/02\/25\/openai-rolling-out-new-voice-controlled-hyper-real-movie-creation-tech-plus-women-can-get-more-with-less-exercise\/\" 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\/2024\/02\/25\/openai-rolling-out-new-voice-controlled-hyper-real-movie-creation-tech-plus-women-can-get-more-with-less-exercise\/')\">\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\/2024\/02\/25\/openai-rolling-out-new-voice-controlled-hyper-real-movie-creation-tech-plus-women-can-get-more-with-less-exercise\/\">\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=OpenAI rolling out new voice-controlled hyper-real movie creation tech. PLUS: Women can get more with less (exercise)&url=https:\/\/enterpriseam.com\/egypt\/2024\/02\/25\/openai-rolling-out-new-voice-controlled-hyper-real-movie-creation-tech-plus-women-can-get-more-with-less-exercise\/\">\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\/2024\/02\/25\/openai-rolling-out-new-voice-controlled-hyper-real-movie-creation-tech-plus-women-can-get-more-with-less-exercise\/&title=OpenAI rolling out new voice-controlled hyper-real movie creation tech. PLUS: Women can get more with less (exercise)\">\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=OpenAI+rolling+out+new+voice-controlled+hyper-real+movie+creation+tech.+PLUS%3A+Women+can+get+more+with+less+%28exercise%29+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2024%2F02%2F25%2Fopenai-rolling-out-new-voice-controlled-hyper-real-movie-creation-tech-plus-women-can-get-more-with-less-exercise%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\/2024\/02\/25\/openai-rolling-out-new-voice-controlled-hyper-real-movie-creation-tech-plus-women-can-get-more-with-less-exercise\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2175.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"615866\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/25\/openai-rolling-out-new-voice-controlled-hyper-real-movie-creation-tech-plus-women-can-get-more-with-less-exercise\/2175-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2175.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2175.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2175.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2175.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-615865\" class=\"content-area-description single-story post-615865 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-ai tag-enterprisepm tag-for-your-commute tag-health 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\/2024\/2\/.68ecbc7c-83af-4f7f-b5aa-b8484f6fe3de.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>New tech wizardry:<\/strong> OpenAI launched <a target=\"_blank\" href=\"https:\/\/openai.com\/sora\" style=\"\" rel=\"noopener\">Sora<\/a>, a new AI tool that transforms voice commands into uncannily realistic movie clips <a target=\"_blank\" href=\"https:\/\/openai.com\/sora\" style=\"\" rel=\"noopener\">last week<\/a>, catching the tech and media industries slightly off guard, <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2024\/02\/20\/openai-movies-sora-chatgpt-hollywood\" style=\"\" rel=\"noopener\">Axios<\/a> reports. Although similar technologies are out there \u2014 including <a target=\"_blank\" href=\"https:\/\/imagen.research.google\/video\/\" style=\"\" rel=\"noopener\">Imagen<\/a><a target=\"_blank\" href=\"https:\/\/imagen.research.google\/video\/\" style=\"\" rel=\"noopener\">Video<\/a>, <a target=\"_blank\" href=\"https:\/\/phenaki.video\/\" style=\"\" rel=\"noopener\">Phenaki<\/a>, and <a target=\"_blank\" href=\"https:\/\/lumiere-video.github.io\/\" style=\"\" rel=\"noopener\">Lumiere<\/a>, among others \u2014 OpenAI\u2019s iteration cranks things up a notch by using a few sentences from a user and the software magically creates a convincing hyperrealistic, Hollywood-quality minute-long video clip (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=HK6y8DAPN_0\" style=\"\" rel=\"noopener\">runtime: 10:23<\/a>).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How does Sora do it?<\/strong> According to OpenAI, they\u2019re teaching the model to comprehend and simulate the dynamic physical world, teaching it the ABCs of motion (as a growing infant would be experiencing it), movement, gravity, time, cause, and effect. As a result, it will learn how things maneuver, walk, and fall to execute human and objects\u2019 complex movements. This coincides with OpenAI\u2019s <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2024\/01\/22\/meta-artificial-general-intelligence-quest-agi\" style=\"\" rel=\"noopener\">objective<\/a> of training the tech about the real world.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Just as with most AI breakthroughs, there are some concerns<\/strong>, including how Sora will generate its content. Industry watchers have flagged risks of the technology <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2024\/01\/02\/copyright-law-violation-artificial-intelligence-courts\" style=\"\" rel=\"noopener\">stealing ideas<\/a> or <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2023\/07\/10\/ai-misinformation-response-measures\" style=\"\" rel=\"noopener\">spreading wrong information<\/a>, which is why OpenAI has opened Sora to only creatives in the field in a trial and error phase to develop the correct understanding on how to generate visuals. Its <a target=\"_blank\" href=\"https:\/\/openai.com\/sora\" style=\"\" rel=\"noopener\">website<\/a> indicates that they are working with \u201cred teamers\u201d: A team brought together for their expertise to battle \u201cmisinformation, hateful content, and bias\u201d through their experimentation with the software.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What about the movie industry? <\/strong>Sora could have the potential to upend how the movie industry approaches special effects, offering significant shortcuts, and potentially reshaping the very foundation of Tinseltown. It also questions the value of our spark of artistic creation, the role of human performers and storytellers on screen, and what audiences will want to see down the line, Axios says.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Reactions are split: <\/strong>While some, like AI creator and ex-Googler Bilawal Sidhu, think the new tech is the <a target=\"_blank\" href=\"https:\/\/x.com\/bilawalsidhu\/status\/1758236299696198122?s=20\" style=\"\" rel=\"noopener\">cat\u2019s whiskers<\/a>, others, such as filmmaker Justine Bateman, <a target=\"_blank\" href=\"https:\/\/twitter.com\/JustineBateman\/status\/1758220737675145553?s=20\" style=\"\" rel=\"noopener\">view the software as \u201cAI garbage\u201d<\/a> that relies on stolen work.<\/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>Women may be able to reap greater benefits with less exercise compared to <\/strong><strong>men<\/strong>, suggests a recent <a target=\"_blank\" href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0735109723083134?via=ihub#sec3\" style=\"\" rel=\"noopener\">study<\/a> on adults in the US. Men who dedicated around five hours weekly to moderate to vigorous exercise cut their mortality rate by 18% in comparison to their sofa-glued counterparts. Meanwhile, women achieved the same health benefits with just 2.5 hours of comparable exercise per week, the study showed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There are some limitations to this study. <\/strong>The data on physical activity from the 400k US adult participants was self-reported, and the data was observational without taking into account other lifestyle aspects such as smoking and eating habits, among others. Presently, it isn\u2019t clear why women seem to have a leg up, but the main message is the importance of regular exercise to reduce cardiovascular mortality, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/02\/24\/study-women-get-greater-exercise-benefits-than-men-with-less-effort.html\" style=\"\" rel=\"noopener\">CNBC<\/a> quotes a cardiologist as saying.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.mashreq.com\/en\/uae\/neo\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/154.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"615868\" 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=\"615868\">\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\/2024\/02\/25\/suncoast-discusses-the-difficulty-of-dealing-with-grief-at-a-young-age\/\">\r\n                            Suncoast discusses the difficulty of dealing with grief at a young age                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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href=\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/25\/suncoast-discusses-the-difficulty-of-dealing-with-grief-at-a-young-age\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2344.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"615869\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/25\/suncoast-discusses-the-difficulty-of-dealing-with-grief-at-a-young-age\/2344-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2344.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2344.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2344.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2344.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-615868\" class=\"content-area-description single-story post-615868 post type-post status-publish format-standard has-post-thumbnail 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\/2024\/2\/.28832f64-7c6a-4791-816d-f06e46770fdd.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<br \/><\/strong>(all times CLT)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a target=\"_blank\" href=\"https:\/\/www.imdb.com\/title\/tt13650742\/\" style=\"\" rel=\"noopener\">Suncoast<\/a><\/strong><strong>,<\/strong><strong> a story<\/strong><strong> inspired by the director\u2019s childhood turmoil:<\/strong> Laura Chinn\u2019s directorial debut drew inspiration from her own experiences, mirroring Chinn\u2019s <a target=\"_blank\" href=\"https:\/\/time.com\/6693400\/suncoast-laura-chinn-true-story-interview\/\" style=\"\" rel=\"noopener\">emotional journey as her brother battled cancer<\/a> and was unexpectedly relocated to Suncoast, a nursing facility infamous for its association with <a target=\"_blank\" href=\"https:\/\/www.cbsnews.com\/pictures\/look-back-in-history-terri-schiavo-death\/\" style=\"\" rel=\"noopener\">Terri Schiavo\u2019s case<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The film, set in 2005, revolves around Doris (Nico Parker),<\/strong> torn between the responsibilities of caring for her terminally ill brother and the desire for a normal teenage life. Living modestly with her distraught mother, Kristine (Laura Linney), Doris grapples with the burden of her brother\u2019s condition, which prompts his relocation to Suncoast. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As Kristine becomes increasingly consumed by her son\u2019s care,<\/strong> Doris finds solace in an unexpected friendship with Paul Warren (Woody Harrelson), a grieving protestor outside the facility. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, Doris navigates the complexities of adolescence, hosting parties and even<\/strong><strong> experiencing first love with Nate (Amarr).<\/strong> However, her attempts to find independence are shattered when Kristine unexpectedly returns home, leading to a confrontation that alters Doris\u2019s life course.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While anchored in real-life events, Chinn\u2019s narrative takes artistic liberties, <\/strong>crafting a fictionalized account that centers on Doris who embodies Chinn\u2019s emotional turmoil amidst the backdrop of grief and uncertainty \u2014 which is why some news outlets were not impressed per se, but they collectively agreed that even when it had \u201c <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/02\/09\/entertainment\/suncoast-review-hulu\/index.html#:~:text=no%20chance%20of%20basking%20in%20the%20theatrical%20sunshine%2C%20but%20deserves%20to%20be%20seen\" style=\"\" rel=\"noopener\">no chance of basking in the theatrical sunshine, but deserves to be seen<\/a>.\u201d<\/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 watch the semi-autobiography on <a target=\"_blank\" href=\"https:\/\/www.apps.disneyplus.com\/eg\/movies\/suncoast\/1260166356?filters=content_type%3Dmovie\" style=\"\" rel=\"noopener\">Disney+<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"615873 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"615873\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/25\/615873\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-615873\" class=\"content-area-description single-story post-615873 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.palmhillsdevelopments.com\/en-us\/home\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/164.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            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class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/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-rsidxbk\" data-v=\"4\" data-block-id=\"rsidxbk\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-rsidxbk-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-rsidxbk-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-bcflnvd\" data-v=\"4\" data-block-id=\"bcflnvd\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-bcflnvd-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-bcflnvd-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=\"615875\" 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=\"615875\">\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\/2024\/02\/25\/what-the-markets-are-doing-on-25-february-2024\/\">\r\n                            What the markets are doing on 25 February, 2024                        <\/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\/2024\/02\/25\/what-the-markets-are-doing-on-25-february-2024\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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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\/2024\/2\/.75ec66d5-50a4-4d48-8bd7-b1aec43845c6.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX30 plummeted by 5.0% at today\u2019s close<\/strong> on turnover of EGP 9.2 bn (127.1% above the 90-day average). Local investors were net buyers. The index is up 11.8% 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>Orascom Construction (+20.0%), Talaat Moustafa Group (+20.0%) and Edita (+20.0%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Alexandria Containers and Cargo Handling (-20.0%), Abu Qir Fertilizers (-19.9%) and Sidi Kerir Petrochemicals (-19.5%).<\/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=\"615876\">\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\/as-interest-rates-remain-elevated-industry-players-are-struggling-to-unlock-capex-investments\/\">  \r\n                            As interest rates remain elevated, industry players are struggling to unlock capex investments<\/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\/as-interest-rates-remain-elevated-industry-players-are-struggling-to-unlock-capex-investments\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/as-interest-rates-remain-elevated-industry-players-are-struggling-to-unlock-capex-investments\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/177.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" sizes=\"(max-width: 34.9rem) calc(100vw - 2rem), (max-width: 53rem) calc(8 * (100vw \/ 12)), (min-width: 53rem) calc(6 * (100vw \/ 12)), 100vw\" data-attachment-id=\"615877\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/as-interest-rates-remain-elevated-industry-players-are-struggling-to-unlock-capex-investments\/177-jpg-19\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/177.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"177.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/177.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/177.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-615876\" class=\"content-area-description post-615876 inside_industry type-inside_industry status-publish has-post-thumbnail hentry category-inside-industry tag-central-bank-of-egypt tag-enterprise-inside-industry tag-enterprisepm tag-inside-industry tag-interest-rates tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"> <strong>How are industry players managing their financing needs amid a persistently high <\/strong><strong>interest rate environment?<\/strong> Over the past two years, the Central Bank of Egypt (CBE) has consistently been raising interest rates in a bid to tamp down inflation that shot up following the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/edition\/pm\/981bd1f6-e9df-4260-8ca2-3eb9e16f7f04\" style=\"\" rel=\"noopener\">EGP devaluation of March 2022<\/a>. Since then, many businesses \u2014 particularly manufacturers and other industry players \u2014 have been holding off on investments as high interest rates on financing made debt prohibitively expensive. Industry sources Enterprise spoke with also pointed to a dearth of financing initiatives to help the private sector to secure financing for fresh investments, which is standing in the way of growth. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>Don\u2019t take it from us: The interest rate environment is a significant concern for all of you:<\/strong>In our 2022 Fall Reader Survey, nearly half of readers said that high interest rates were holding back decisions to deploy capex spending. At the time \u2014 when the overnight deposit rate stood at 11.25% \u2014 one-third of you (36%) said you need to see interest rates go down to somewhere between 8.25-10.25%, while 12% of you wanted to see rates go down even lower to allow for new investments. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>A look at current demand for bank financing:<\/strong> Total bank loans for private sector players (in both local and foreign currency) came in at EGP 1.757 tn at the end of October 2023, compared to EGP 1.482 tn at the end of December 2022, according to recent figures from the CBE. EGP-denominated loans accounted for the lion\u2019s share of the figure (EGP 1.376 tn at the end of October 2023, compared to EGP 1.182 tn at the end of December 2022). Foreign currency-denominated loans saw a smaller increase over the nine-month period, rising to EGP 381 bn from EGP 300 bn. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>How do banks calculate the price of business lending?<\/strong> Lending rates to the private sector and companies vary between banks depending on the sector and nature of the project, but are set higher than the CBE\u2019s corridor rate, a banking source explained to Enterprise. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>Industry has been struggling with a lack of subsidized lending:<\/strong> In 2022, the CBE <a target=\"_blank\" href=\"https:\/\/enterprise.press\/stories\/2022\/11\/30\/the-end-of-subsidized-loans-to-industry-89693\/\" style=\"\" rel=\"noopener\">moved to<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.press\/stories\/2022\/11\/30\/the-end-of-subsidized-loans-to-industry-89693\/\" style=\"\" rel=\"noopener\">scrap a program<\/a> that granted industry, agriculture, and construction players subsidized loans at a preferential rate of 8%. A few months later, the government <a target=\"_blank\" href=\"https:\/\/enterprise.press\/stories\/2023\/01\/12\/industry-and-agriculture-to-get-fresh-subsidized-loans-at-a-higher-11-rate-93413\/\" style=\"\" rel=\"noopener\">decided to roll out<\/a> a fresh subsidized loan program set at an 11% interest rate. Manufacturers were concerned at the time that the jump in interest rates would be untenable for them and force some factories to slash production or hike consumer prices. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>Manufacturers really need financing support from the government as interest rates <\/strong><strong>remain too high to afford to take on debt<\/strong>, Egyptian Businessmen\u2019s Association member Ahmed El Zayat told Enterprise. For businesses with more than EGP 50 mn in revenue, interest rates on loans range anywhere between 22-25%, which is a major obstacle for these companies to take on debt to develop their businesses, El Zayat said. For manufacturers to be able to afford debt at these rates, they would be forced to raise the prices of their products so steeply that they would no longer be competitive, he said. El Zayat suggested that policymakers should create a fresh subsidized loan initiative for manufacturers and real estate players, considering these two sectors contribute some 35% of the country\u2019s GDP.<\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>The 11% loan program exists \u2014 it\u2019s just not the best fit:<\/strong> Several sources Enterprise spoke with pointed to the difficulty of the program\u2019s eligibility requirements. While some businesses are able to benefit from the program, the vast majority struggle to meet all of the program\u2019s multiple conditions and requirements, reinforcing the business community\u2019s desire for a fresh initiative with more flexible conditions, El Zayat said. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>As costs run high, the whirring of machinery continues to grow quieter:<\/strong> Manufacturers who are forced to take on debt at high interest rates will inevitably be force to either hike prices or cut down on productivity, which has knock-on effects on other players and corners of the industry, said Federation of Egyptian Industries member Mohamed El Bahey told Enterprise. This is particularly problematic as manufacturers already face a wealth of challenges, including raw material shortages and difficulties securing FX to import production inputs, components, and machinery. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>Meanwhile, banks are reluctant:<\/strong> Some banks are hedging against dishing out industrial financing, as they\u2019re concerned about the perceived high risk of default due to a slowdown in imports amid ongoing FX pressures and high inflation rates, SMEs Union head Alaa El Saqty told us. Difficulties securing financing from banks, coupled with the ongoing foreign currency crunch, are causing serious continuity issues for several businesses, including export-oriented manufacturers, El Saqty and El Bahey both agreed. <\/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>IDA extends deadline to bid for land plots: <\/strong>The Industrial Development Authority (IDA) has extended the deadlines for buying any of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c30e2240-1d31-4e99-8861-e3901d5dc835\" style=\"\" rel=\"noopener\">456 plots of land<\/a> it put up for grabs earlier this month, pushing the deadline for purchasing the conditions booklet to <strong>7 March<\/strong> and online reservation requests to <strong>28 March<\/strong>, it said in a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/IDA.Egypt\/posts\/pfbid02QfY3DaPgz9fNMpa54jgKvSY4H86ceXLmwMyu2mRFEBDT7zFivNRRotvavV8BrE8Ml\" style=\"\" rel=\"noopener\">statement<\/a>. <\/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\/central-bank-of-egypt\/\">Central Bank of Egypt<\/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\/interest-rates\/\">interest rates<\/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=\"615878\" 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\/2024\/02\/25\/615878\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-615878\" class=\"content-area-description single-story post-615878 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> <\/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\">FEBRUARY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25-26 February (Sunday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/741248404339687\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_custom_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">Medhat Saleh concert<\/a><\/span><span style=\"font-weight:400;\"> at the Cairo Opera House.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26 February (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C3hmJeGtdT9\/\" style=\"\">Salsa Night<\/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>26-29 February (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C3BaPbwt6V2\/?hl=en\" style=\"\">Art direction workshop<\/a><\/span><span style=\"font-weight:400;\"> at SYNC School.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26-2 February-March<\/span><span> (Monday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/photo\/?fbid=788999229926040&set=ecnf.100064479110926\" style=\"\">Fifty Years of Cinematic Portraits<\/a><\/span><span> exhibition at <\/span><span style=\"\">Photopia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27 February (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/790297543125743\/\" style=\"\">Hardcase + Divine<\/a><\/span><span style=\"font-weight:400;\"> concert at ROOM New Cairo.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28 February (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/317083551379288\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_custom_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">Ali El Haggar concert<\/a><\/span><span style=\"font-weight:400;\"> at El Sawy Culturewheel.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28 February (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/cairojazzclub.com\/events\/\" style=\"\">Aziz Maraka<\/a><\/span><span> at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/maps.app.goo.gl\/vWbeiFrMZS7T1xwR8\" style=\"\">Cairo Jazz Club 610<\/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>28 February (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/1620655138741907\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_custom_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">Hisham Kharma concert<\/a><\/span><span style=\"font-weight:400;\"> at Gomhouria Theater.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>29 February (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C3QZOfms4Pp\/?hl=en&img_index=3\" style=\"\">Gaza Mon Amour<\/a><\/span><span> will be screening at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/maps\/dir\/\/Qahrawya+Studio,+10+Hussein+Basha+Al+Meamari,+Marouf,+Qasr+El+Nil,+Cairo+Governorate+4272141\/data=!4m6!4m5!1m1!4e2!1m2!1m1!1s0x145841e6bda52ceb:0xf8803ba72766f75a?sa=X&ved=2ahUKEwjKydPZyqqEAxXvVaQEHXr8At4Q48ADegQIFhAA\" style=\"\">Qahrawya<\/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>29 February (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/1108291770293447\/\" style=\"\">Blue Iris Unplugged Vol. 2<\/a><\/span><span style=\"font-weight:400;\"> at ROOM Garden City.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">MARCH<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 March (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/1024768525605038\/?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=\"\">Cairo Half Marathon<\/a><\/span><span> by <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cairorunners.com\/?fbclid=IwAR2wkJLyoQxKE0h4vtO_lPG-BMPvIrC8o0oSP5J6_Lt5QEzWRHkYI5R0sqg\" style=\"\">Cairo Runners<\/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>1 March (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/197\" style=\"\">Red Bull Dance Your Style<\/a><\/span><span style=\"font-weight:400;\"> at Paris Marina.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 March (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/2722169051281416\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_custom_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">EGYCON<\/a><\/span><span style=\"font-weight:400;\"> at Club 7.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 March (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/1085964322548932\/\" style=\"\">Stigma<\/a><\/span><span style=\"font-weight:400;\"> album release concert at ROOM Garden City.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 March (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C29v1qkNC72\/?hl=en\" style=\"\">Tough Mudder Egypt<\/a><\/span><span style=\"font-weight:400;\"> by TriFactory.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 March (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C3k8h_lt9vi\/?igsh=Mjdqb21heXFtbGdj\" style=\"\">Book signing and seminar<\/a><\/span><span style=\"font-weight:400;\"> at Bibliothek Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 March (Friday):  <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/211\" style=\"\">El Khatba<\/a><\/span><span>at Rawabet<\/span><span style=\"font-weight:400;\"> Art Space.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2 March (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/202\" style=\"\">Kajwelo<\/a><\/span><span style=\"font-weight:400;\"> event at Zed Park.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2 March (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C3Mu9OEMwM0\/?hl=en\" style=\"\">Cairo Flea Market<\/a><\/span><span> at <\/span><span>Zamalek Fish Garden.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2 March (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C2zwPEHsFjY\/?hl=en\" style=\"\">Rahet Bally<\/a><\/span><span> at <\/span><span>El Malahy.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2 March (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/682733847174162\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_custom_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">CSI Cairo<\/a><\/span><span style=\"font-weight:400;\"> by CluedUpp.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-6 March (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C3QiwCXrCqf\/?hl=en\" style=\"\">Digital illustration workshop<\/a><\/span><span style=\"font-weight:400;\"> at SYNC School.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 March (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/196\" style=\"\">Tablet El Sitt and Mushequa Artists<\/a><\/span><span style=\"font-weight:400;\"> at 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>9 March (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C2KqoPaNaQK\/\" style=\"\">Wadi Degla clean up event<\/a><\/span><span> at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/maps.app.goo.gl\/TmJpPBg5P3cvhhtQ8\" style=\"\">Wadi Degla Protectorate<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9 March (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/1557246665071948\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_custom_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">Red Bull Car Drift<\/a><\/span><span style=\"font-weight:400;\"> at Sports Expo.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-12 March (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/creativeindmena.com\/\" style=\"\">Creative Industry Summit<\/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;\">11 March (Monday): The Oscars<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-23 March (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C3YWiBnrj9W\/?hl=en\" style=\"\">Advertising Workshop<\/a><\/span><span style=\"font-weight:400;\">: Presenting and Pitching for Creatives at SYNC School.<\/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>19 April (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/178\" style=\"\">Keinmusik at the Giza Pyramids<\/a><\/span><span style=\"font-weight:400;\"> by Panorama 2.<\/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<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>Q1 2024: Opening of the newly developed Pyramids Plateau in Giza<\/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":615861,"template":"","categories":[],"tags":[],"class_list":["post-615860","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"afdfe5c3-1ad9-4683-a5ef-882f94f4e974","teaser":"","photo_url":"https:\/\/ent.news\/2023\/3\/804.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>Movies by AI? - 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\" 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