{"id":630748,"date":"2024-07-07T00:00:00","date_gmt":"2024-07-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=630748"},"modified":"2025-12-17T11:41:38","modified_gmt":"2025-12-17T11:41:38","slug":"greek-week","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/greek-week\/","title":{"rendered":"Greek week"},"content":{"rendered":"<section id=\"630750\" 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=\"630750\">\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\/07\/07\/this-evening-fx-reserves-peak-to-usd-46-4-bn\/\">\r\n                            THIS EVENING: FX reserves peak to USD 46.4 bn                        <\/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\/07\/07\/this-evening-fx-reserves-peak-to-usd-46-4-bn\/\" 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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As you may know the whole nation will be off on Thursday 11 July, in observance of the Islamic New Year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And that includes us folks here at EnterprisePM Egypt<\/strong>, who will be taking a break from your inboxes this Thursday and will be back on Sunday afternoon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>FX reserves reach new record high:<\/strong> Egypt\u2019s net foreign reserves increased by around USD 260 mn in June to reach just under USD 46.4 bn, surpassing last month\u2019s record high of USD 46.1 bn, according to <a target=\"_blank\" href=\"https:\/\/www.cbe.org.eg\/ar\/news-publications\/news\/2024\/07\/07\/08\/26\/net-international-reserves-at-the-end-of-june-2024\" style=\"\" rel=\"noopener\">central bank figures<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI: <\/strong>Last month\u2019s figures topped their <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/237cd5d2-3190-4eaa-add4-2e3f08a432db\" style=\"\" rel=\"noopener\">pre-Covid peak<\/a> of USD 45.5 bn after the final tranche of the Ras el Hekma funds landed in state coffers in mid-May. The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4461a6ec-f67a-45d9-b396-b6b1f6533a35\/second-usd-20-bn-tranche-of-ras-el-hekma-funds-land-in-egypt%25e2%2580%2599s-coffers\" style=\"\" rel=\"noopener\">USD 20 bn<\/a> tranche consisted of USD 14 bn in fresh inflows and USD 6 bn in the form of a previous UAE deposit at the Central Bank of Egypt, and brought our reserves to their highest level on record.<\/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\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Elections in the EU have been dominating the headlines this past week, today by <\/strong><strong>France\u2019s parliamentary run-offs.<\/strong> Ballots are indicating that the country\u2019s eurosceptic far-right party, the National Rally (RN), may come out on top. Experts believe that while the party may grab the most seats in the National Assembly, an absolute majority is still beyond their reach. But a hung parliament is still bad news for President Emmanuel Macron, creating space for a detrimental divide in parliament and in the economy. Last week, Macron\u2019s centrist Renaissance Party and the left-wing New Popular Front pulled candidates out of the race to pool votes in an attempt to curb a RN win. Initial projections are expected to be announced tonight. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/far-right-bids-power-france-holds-parliamentary-election-2024-07-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/07\/07\/france-election-voters-go-the-polls-in-second-round-of-snap-election.html\" style=\"\" rel=\"noopener\">CNBC<\/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>Business activity just shy of growth in June: <\/strong>Egypt\u2019s non-oil private sector activity picked up to its highest level in three years in June, with companies seeing a rise in order volumes for the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/13dd8c48-d8d8-405b-91ce-4d5640203db9\/egypt%25e2%2580%2599s-non-oil-private-sector-sees-order-volumes-rise-for-the-first-time-in-three-years-as-sector-nears-growth\" style=\"\" rel=\"noopener\">first time in three years<\/a> due to easing price pressures and stabilizing economic conditions.<\/li>\n<li><strong>What can we expect from the new Madbouly cabinet? <\/strong>Prime Minister Moustafa Madbouly held a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/story.php?story_fbid=969585268545227&id=100064812882317&mibextid=WC7FNe&rdid=UM4ptSnQ33ZrjJZ0\" style=\"\" rel=\"noopener\">presser<\/a> on Thursday a day after his <a target=\"_blank\" href=\"https:\/\/www.presidency.eg\/en\/%D9%82%D8%B3%D9%85-%D8%A7%D9%84%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1\/%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1-%D8%B1%D8%A6%D8%A7%D8%B3%D9%8A%D8%A9\/news372024\/\" style=\"\" rel=\"noopener\">new cabinet<\/a> was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d9a5776f-5dfd-4e4b-949b-42cb6ee84f5c\/more-private-sector-involvement,-industrial-development,-and-transparency-on-the-new-egyptian-cabinet%25e2%2580%2599s-agenda\" style=\"\" rel=\"noopener\">sworn in and took office<\/a>.<\/li>\n<li><strong>Infinity has an ambitious five-year investment plan for Egypt: <\/strong>Our friends at renewable player Infinity Power are <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e510cb7e-5708-4252-952e-ff14f215c9da\/infinity-power-eye-usd-10.5-bn-in-renewables,-ev-infrastructure-investments-over-the-next-five-years.-plus:-british-international-investment,-ezdehar,-azimut,-flynas\" style=\"\" rel=\"noopener\">planning to invest USD 10.5 bn<\/a> in Egypt over the next five years. <\/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\/ent.news\/2024\/6\/348.jpg?ssl=1\" 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 look into the local ceramics industry and the repercussions of the current power crisis on it.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>TOMORROW\u2019S WEATHER-<\/strong> Mercury is peaking with a high of 36\u00b0C but will be dropping to a low of 24\u00b0C at night in the capital city. It will be a bit cooler in Alexandria and the North Coast, with a high of 32\u00b0C and a low of 25\u00b0C, according to our favorite weather app.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630752 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"630752\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/07\/630752\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630752\" class=\"content-area-description single-story post-630752 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.beltoneholding.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/190.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630753\" 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=\"630753\">\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\/07\/07\/could-greece-be-onto-something\/\">\r\n                            Could Greece be onto something?                        <\/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\/07\/07\/could-greece-be-onto-something\/\" 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\/07\/07\/could-greece-be-onto-something\/')\">\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\/07\/07\/could-greece-be-onto-something\/\">\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=Could Greece be onto something?&url=https:\/\/enterpriseam.com\/egypt\/2024\/07\/07\/could-greece-be-onto-something\/\">\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\/07\/07\/could-greece-be-onto-something\/&title=Could Greece be onto something?\">\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=Could+Greece+be+onto+something%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2024%2F07%2F07%2Fcould-greece-be-onto-something%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\/07\/07\/could-greece-be-onto-something\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/385.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630754\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/07\/could-greece-be-onto-something\/385-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/385.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"385.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/385.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/385.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630753\" class=\"content-area-description single-story post-630753 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-enterprisepm tag-for-your-commute tag-greece tag-worklife wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.599453e1-1c75-4b58-a32e-4849f56fde0f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Greece is adding to its inventive offerings \u2014 Alongside democracy and <\/strong><strong>theater, the country is now introducing the six-day workweek. <\/strong>While the world is valorizing a move towards a <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/technology\/2023\/05\/24\/4-day-work-week-united-states\/\" style=\"\" rel=\"noopener\">four-day work week<\/a> and shunning <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4e71985d-ed85-4ca6-b812-19fe5ab81a30\/china-stocks-up-on-nvidia-chips-ahead-of-stricter-us-export-restrictions-%2B-catch-on-the-latest-gen-z-work-trend\" style=\"\" rel=\"noopener\">hustle culture<\/a>, this European nation has approved legislation that enacts a six-day working week where employees work up to 48 hours during the business week, with a <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/article\/2024\/jul\/01\/greece-introduces-growth-oriented-six-day-working-week\" style=\"\" rel=\"noopener\">40% raise in overtime pay<\/a> as incentive, according to <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/technology\/2024\/07\/03\/greece-six-day-workweek\/\" style=\"\" rel=\"noopener\">The Washington Post<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How come? <\/strong>Labor shortages seem to be the culprit behind this move. This comes alongside ensuring that workers are compensated for their overtime work and that tax evasion for undeclared work is also addressed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s not for everyone. <\/strong>This isn't a case where the entire country is about to change its routine. Employees in industrial or manufacturing sectors or other fields where hours often reach 24-hour shifts are those who are presented with the 6-day-week option. Niki Kerameus, the labor and social insurance minister, explained that the option should only be used for \u201curgent operational demands\u201d that have been impacted by the labor shortage and experience unexpected workload, according to <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/07\/04\/world\/europe\/greece-six-day-workweek.html\" style=\"\" rel=\"noopener\">The New York Times<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Employment experts disagree.<\/strong> Pundits have made it clear that this may be <a target=\"_blank\" href=\"https:\/\/www.gsb.stanford.edu\/insights\/why-your-workplace-might-be-killing-you\" style=\"\" rel=\"noopener\">disastrous<\/a> to worker health, predicting high turnover due to faster burnout, illness related to overworking, and even desperate workers ignoring these health cues, leading to death. Malissa Clark, director of the University of Georgia\u2019s Healthy Work Lab, which specializes in the intricacies of work-life balance, said that the move is \u201c[definitely] a step in the wrong direction.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Against the current. <\/strong>Globally, many forward-thinking countries have been looking at shortening the work week, some of which are <a target=\"_blank\" href=\"https:\/\/www.lemonde.fr\/en\/economy\/article\/2023\/06\/05\/the-four-day-workweek-is-gaining-ground-in-france_6029110_19.html\" style=\"\" rel=\"noopener\">piloting the idea<\/a> \u2014 others have even <a target=\"_blank\" href=\"https:\/\/www.euronews.com\/next\/2024\/02\/02\/the-four-day-week-which-countries-have-embraced-it-and-how-s-it-going-so-far\" style=\"\" rel=\"noopener\">implemented<\/a> it. <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/business-57724779\" style=\"\" rel=\"noopener\">Iceland<\/a>, <a target=\"_blank\" href=\"https:\/\/www.dw.com\/en\/japan-work-life-balance\/a-57989053#:~:text=The%20Japanese%20government%20has%20just%20unveiled%20its%20annual,days%20a%20week%20instead%20of%20the%20typical%20five.\" style=\"\" rel=\"noopener\">Japan<\/a> and <a target=\"_blank\" href=\"https:\/\/businesstech.co.za\/news\/business\/735063\/4-day-workweek-pilot-in-south-africa-the-results-are-in-with-some-surprises\/\" style=\"\" rel=\"noopener\">South Africa<\/a> are also among those who are experimenting to see how four-day-weeks might impact staffing, productivity, costs, and operations. Syriza, the leftist opposition party in Greece, called the move \u201ca return to working conditions of the 19th century that puts the country to shame.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s technically optional\u2026 But is it? <\/strong>The fact that the six-day week is not a requirement only creates the illusion of choice, according to Brigid Schulte, director of the <a target=\"_blank\" href=\"https:\/\/www.newamerica.org\/better-life-lab\/\" style=\"\" rel=\"noopener\">Better Life Lab<\/a>. She said that the increase in pay is enough of an incentive to make people choose it over their health. \u201cYou\u2019re making it difficult to turn [the pay] down,\u201d she added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Could Greece be on to something?<\/strong> Only time will tell. \u201cIf all of a sudden Greece turns around its economy, maybe people will take a second look,\u201d said Schulte, \u201cbut I don\u2019t think that will happen.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/greece\/\">Greece<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worklife\/\">worklife<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630755 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=\"630755\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/07\/630755\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630755\" class=\"content-area-description single-story post-630755 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\/our-company\/awards-accolades\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/235.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=\"630756\" 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=\"630756\">\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\/07\/07\/the-life-and-death-of-tabloid-superstar-anna-nicole-smith\/\">\r\n                            The life and death of tabloid superstar Anna Nicole Smith                        <\/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\/07\/07\/the-life-and-death-of-tabloid-superstar-anna-nicole-smith\/\" 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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In <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.imdb.com\/title\/tt16951452\/\" style=\"\" rel=\"noopener\">You Don\u2019t Know Me<\/a><\/strong><strong>, <\/strong>a documentary by director Ursula McFarlane, unfolds the boisterous life of the former centerfold and model, Vicky Lynn Hogan \u2014 known as Anna Nicole Smith \u2014 whose tragic death at age 39 made some headlines. Known for her blonde bombshell persona and tabloid exploits, Smith\u2019s story unfolds as a cautionary tale of fame, fortune, and personal tragedy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>From a small-town Texas upbringing to international stardom: <\/strong>Smith\u2019s life was often overshadowed by controversies and public scrutiny. However, the documentary juxtaposes Smith\u2019s public image with her private struggles, revealing a woman trapped between the allure of celebrity and the harsh realities of personal demons.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>If you were curious about her marriage to an oil b\u2019naire, then this documentary might<\/strong><strong> answer some questions. <\/strong>Central to Smith\u2019s narrative is her relationship with the elderly oil moghul <a target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/danielfisher\/2013\/03\/04\/the-billionaire-the-playboy-bunny-and-the-tangled-affairs-of-the-marshall-family\/\" style=\"\" rel=\"noopener\">J. Howard Marshall II<\/a> whose infatuation and subsequent marriage to Smith sparked legal battles and family discord. The film explores the complexities of this relationship, hinting at possible motives while refraining from definitive conclusions, leaving viewers to ponder the true nature of their bond.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>All this is shown through archival footage and interviews:<\/strong> It captures Smith\u2019s vulnerabilities and aspirations, showcasing her journey through highs and lows, from fame to battles with addiction. The documentary touches on poignant moments, such as Smith\u2019s reunion with her estranged father and the tragic loss of her son shortly before her own death.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It occasionally sidesteps deeper analysis<\/strong> <strong>into her relationships and the societal<\/strong><strong> pressures contributing to her downfall. <\/strong>The documentary serves as a reminder of the perils of fame, leaving viewers to contemplate whether Smith's story was a tragicomic tale of love, exploitation, or both.<\/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 documentary on <a target=\"_blank\" href=\"https:\/\/www.netflix.com\/title\/81380540\" style=\"\" rel=\"noopener\">Netflix<\/a> or catch the trailer (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=5p-0WRVZ-Pc\" style=\"\" rel=\"noopener\">watch the trailer, runtime: 2:29<\/a>)<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630761 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"630761\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/07\/630761\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630761\" class=\"content-area-description single-story post-630761 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.palmhillsdevelopments.com\/en-us\/home\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/206.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630762\" 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=\"630762\">\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\/07\/07\/what-are-the-markets-doing-on-7-july-2024\/\">\r\n                            What are the markets doing on 7 July 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\/07\/07\/what-are-the-markets-doing-on-7-july-2024\/\" 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\/07\/07\/what-are-the-markets-doing-on-7-july-2024\/')\">\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\/07\/07\/what-are-the-markets-doing-on-7-july-2024\/\">\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 are the markets doing on 7 July 2024&url=https:\/\/enterpriseam.com\/egypt\/2024\/07\/07\/what-are-the-markets-doing-on-7-july-2024\/\">\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\/07\/07\/what-are-the-markets-doing-on-7-july-2024\/&title=What are the markets doing on 7 July 2024\">\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+are+the+markets+doing+on+7+July+2024+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2024%2F07%2F07%2Fwhat-are-the-markets-doing-on-7-july-2024%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\/07\/07\/what-are-the-markets-doing-on-7-july-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630762\" class=\"content-area-description single-story post-630762 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\/2024\/7\/.dfcbfa53-941c-4413-babd-10bb5cf2d601.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX30 rose 0.8% at today\u2019s close<\/strong> on turnover of EGP 3.8 bn (7.1% below the 90-day average). Local investors were the sole net buyers. The index is up 14.9% 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>EFG Holding (+8.1%), Palm Hills Development (+4.2%), and Fawry (+1.7%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Abu Qir Fertilizers (-3.0%), AMOC (-2.2%), and Mopco (-1.8%).<\/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    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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\/how-egypts-ceramics-sector-is-navigating-challenges-stemming-from-natgas-shortages\/\">  \r\n                            How Egypt\u2019s ceramics sector is navigating challenges stemming from natgas shortages<\/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 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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>The lates<\/strong><strong>t casualty of the gas shortage: Ceramics. <\/strong>Egypt\u2019s ceramics industry is facing a number of challenges amid the nationwide natural gas shortage, which has led to a considerable decline in production and exports. Enterprise spoke to a number of industry players to learn more about how the ceramics, porcelain, and sanitaryware sectors are navigating these challenges and what needs to be done to revive the industry and go back to normal production rates.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- It\u2019s not just ceramics. <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/69fde225-bfd3-4582-aa34-f6fbcaf4bdc5\" style=\"\" rel=\"noopener\">Fertilizer companies<\/a> have been struggling to keep the lights on and operations ongoing amid the ongoing gas shortage, with many having to pause operations time and time again.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The context:<\/strong> The nation\u2019s power crisis and shortage of gas supplies has forced major companies from energy-intensive fertilizer industries to halt operations. The government <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/edition\/am\/c12a834d-3742-46ed-9cba-5102f7030b89\/energy-investments-continue-to-stack-up-following-egypt-eu-investment-conference#:~:text=The%20first%20of%20many%3A%20Egypt%20secured%2020%20LNG%20shipments%20last%20week%20as%20it%20works%20to%20ensure%20it%20has%20sufficient%20supplies%20to%20keep%20the%20lights%20on%20during%20the%20current%20period%20of%20increased%20demand%20expected%20to%20last%20till%20September.\" style=\"\" rel=\"noopener\">recently secured 20 LNG shipments<\/a> as it works to ensure it has sufficient supplies for households and factories during the current period of increased demand expected to last till September.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In numbers: <\/strong>Egypt currently houses 33 ceramics factories, and has a large amount of the raw materials used by the industry, according to data from the Chamber of Building Materials Industries (CMBI). The sector employs over 100k workers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Local components make up between 80-90% of the sector\u2019s production inputs<\/strong> and the output covers \u2014 and even exceeds \u2014 local demand. However, further incentives from the government are needed to help increase exports of ceramics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The float caused a surge in gas prices: <\/strong>The decision to float the EGP was translated into a 55% increase in natural gas prices for ceramics factories, pushing production costs up to the point where they were higher than their foreign counterparts, subsequently causing a drop in exports, 10th of Ramadan Investor Association Vice President Sobhi Nasr told Enterprise. Domestic sales also declined, the association said in a report, which further increased the companies\u2019 losses.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The float had a direct impact on the sector:<\/strong> The ceramics and brick industries\u2019 prices are specifically linked to the USD exchange rate, which further worsens the sectors\u2019 woes, CMBI head Ahmed Abdel Hamid tells us. That paired with the dip in sales led many companies to accumulate debts owed to the state\u2019s Egyptian General Petroleum Corporation and the Electricity Ministry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ceramic exports are a major source of FX: <\/strong>When operating at full capacity, ceramics producers could generate exports of USD 400 mn. But, our ceramics exports recorded USD 80 mn last year, a 60% decrease in comparison to the USD 200 mn recorded in 2021.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE SOLUTION- <\/strong> Industry players Enterprise spoke to proposed a number of ways to help out the industry: <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>1- Pricing natural gas in EGP <\/strong>instead of USD. Pre-float natural gas was going for EGP 145 per mn British thermal units (BTU) \u2014 around EGP 5 per cbm. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>2- Slashing the price of natural gas<\/strong> for the industry to USD 3 per mn BTU;<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>3- Pricing natural gas based on the pre-float USD price <\/strong>\u2014 when it stood at EGP 30.8 \u2014 and making sure it doesn\u2019t fluctuate.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Could green energy be the answer? <\/strong>Although it could be an opportune time for factories to kickstart their transition to renewable energy, this would require even more financial support and funding, sector sources told Enterprise.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>To tackle the problems: <\/strong>The 10th of Ramadan Investor Association went to the government with the array of challenges facing the sector in efforts to find a solution with the aim of increasing the sector\u2019s total exports to around USD 400 mn annually.<\/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>Radex Export Company to launch new cassava factory in Beni Suef: <\/strong>Radex Export Company is pouring EGP 650 mn into a new cassava factory that will eventually have a production capacity of 80 tons per day, Chairman of the Board of Directors Ahmed Abdel Ghaffar told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/07\/02\/1805588\" style=\"\" rel=\"noopener\">Al Borsa<\/a>. The company also plans to sow cassava next to the factory, initially aiming to produce seedlings sufficient to cultivate 2k acres of cassava.<\/li>\n<li><strong>Delta Misr for Plastics (Delpack) to boost production capacity:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.dc-egy.com\/\" style=\"\" rel=\"noopener\">Delpack<\/a> plans to invest EUR 5 mn over a three-year period to increase the number of its production lines from four to six at its Sadat City plant, Vice Chairman Bassem Hussein told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/07\/06\/1806615\" style=\"\" rel=\"noopener\">Al Borsa<\/a>. The expansion is slated to accelerate production from 600 tons a month to 1k tons, as the company targets annual sales of EGP 600 mn by tapping new export markets, Hussein said.<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inside-industry\/\">INSIDE INDUSTRY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/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=\"630766\" 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\/07\/07\/630766\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630766\" class=\"content-area-description single-story post-630766 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;\">JULY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-31 May-July (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/CairoCinemaDays\/\" style=\"\">Cairo Cinema Days<\/a><\/span><span style=\"font-weight:400;\"> program, at Zawya Cinema.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-2 June-September (Tuesday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/bibliothekegypt\/p\/C79SqeoNtqQ\/\" style=\"\">Afeshat w Aflam exhibition<\/a><\/span><span> at <\/span><span style=\"font-weight:400;\">Bibliothek.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7 July (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.roomart.space\/events-in-room-new-cairo\/2024\/6\/2\/hafla-geil-qadim-cwdkn\" style=\"\">Hafla Geil Qadim Vol.2<\/a><\/span><span style=\"font-weight:400;\"> at Room Art Space.<\/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): Islamic New Year.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 July (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.culturewheel.com\/en\/events\/w4GxRnWxjy\" style=\"\">Nazra 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>9 July (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/5578\" style=\"\">Cairo Comedy Club<\/a><\/span><span style=\"font-weight:400;\"> at Boom Room, Open Air Mall, Madinaty.<\/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 July (Thursday): National holiday in observance of Islamic New Year.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-30 July-August (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/NewAlameinFestival\/\" style=\"\">New Alamein Festival<\/a><\/span><span style=\"font-weight:400;\"> at North Coast.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-12 July (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C7cVz4WurPj\/\" style=\"\">Mimo<\/a><\/span><span> at the <\/span><span style=\"font-weight:400;\">Grand Nile Tower Hotel.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12 July (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C89xfRRMzH1\/?hl=en&img_index=1\" style=\"\">Punch needle embroidery<\/a><\/span><span style=\"font-weight:400;\"> at Darb 15.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13 July (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C8xBH6jovy0\/?hl=en\" style=\"\">Lana Del Rey tribute night<\/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>13 July (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C8KiVEBMcKU\/\" style=\"\">Cairokee<\/a><\/span><span> at the AAST.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-17 July (Sunday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/e1z2-1s3d-0xgh\" style=\"\">Cairo Consultants Forum 2024<\/a><\/span><span style=\"font-weight:400;\"> at Royal Maxim Palace Kempinski.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18 July (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.culturewheel.com\/en\/events\/PJpkOZyDAX\" style=\"\">20 Years of Massar Egbari<\/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>18-10 July-August (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cairoopera.org\/en\/calendar\/\" style=\"\">Summer Music Festival<\/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>19 July (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.culturewheel.com\/en\/events\/rzm1YJmDq9\" style=\"\">Sheikh Mahmoud Al-Tahami<\/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 style=\"font-weight:400;\">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;\">AUGUST<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3 August (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.founderslive.com\/events-list\/cairo-2024-08\" style=\"\">Founders Live<\/a><\/span><span style=\"font-weight:400;\"> at MINT Incubator by EGBANK<\/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>29-30 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/platforms-root-technologies.com\/icec-2024\/\" style=\"\">Intelligent Cities Exhibition & Conference (ICEC)<\/a><\/span><span> at Waldorf Astoria.<\/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":630749,"template":"","categories":[],"tags":[],"class_list":["post-630748","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"743e52d6-078a-4af5-8e54-de4b34d78bee","teaser":"","photo_url":"https:\/\/ent.news\/2024\/6\/1113.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>Greek week - 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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