{"id":639781,"date":"2024-08-14T00:00:00","date_gmt":"2024-08-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=639781"},"modified":"2025-12-17T16:45:39","modified_gmt":"2025-12-17T16:45:39","slug":"the-startup-extinction","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/the-startup-extinction\/","title":{"rendered":"The startup extinction"},"content":{"rendered":"<section id=\"639783\" 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=\"639783\">\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\/08\/14\/germanys-hapag-lloyd-will-ditch-suez-canal-until-the-end-of-2024\/\">\r\n                            Germany\u2019s Hapag-Lloyd will ditch Suez Canal until the end of 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\/08\/14\/germanys-hapag-lloyd-will-ditch-suez-canal-until-the-end-of-2024\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"639784\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/14\/germanys-hapag-lloyd-will-ditch-suez-canal-until-the-end-of-2024\/1313-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1313.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1313.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1313.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1313.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639783\" class=\"content-area-description single-story post-639783 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-enterprisepm tag-suez-canal 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\/8\/.6ccbde3a-0ebd-49f4-9f01-2117370b8fda.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, wonderful people.<\/strong> We have another brisk news day here at home as we are inching closer to the weekend.<\/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>Hapag-Lloyd\u2019s ships will avoid sailing through the Red Sea through 2024:<\/strong> German shipping giant Hapag-Lloyd will continue to steer its container ships away from the Red Sea shipping corridor through the end of 2024, instead opting to send its vessels around the Cape of Good Hope, CEO Rolf Habben Jansen told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/companies\/2024\/08\/14\/-%D9%87%D8%A7%D8%A8%D8%A7%D8%BA-%D9%84%D9%88%D9%8A%D8%AF-%D9%86%D8%AE%D8%B7%D8%B7-%D9%84%D8%AA%D8%AC%D9%86%D8%A8-%D8%A7%D9%84%D9%85%D8%B1%D9%88%D8%B1-%D8%B9%D8%A8%D8%B1-%D8%A7%D9%84%D8%A8%D8%AD%D8%B1-%D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%B1-%D8%AD%D8%AA%D9%89-%D9%86%D9%87%D8%A7%D9%8A%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%A3%D9%82%D9%84\" style=\"\" rel=\"noopener\">Reuters<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bad news for our Suez Canal revenues:<\/strong> The shipping company is one among <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7012e03f-8dda-4b2a-ae40-ba7144b132a8\/world%25e2%2580%2599s-largest-shipping-firms-pause-red-sea-transit\" style=\"\" rel=\"noopener\">a number of firms<\/a> that began rerouting their ships away from the Red Sea last autumn in light of ongoing attacks by Yemen\u2019s Houthis on shipping traffic. Disruptions in the Red Sea have hit Suez Canal revenue \u2014 a major source of FX \u2014 hard, with Suez Canal Authority head Osama Rabie noting in July that revenues from the canal had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3a3c3c58-e35e-44f3-a02d-a996693a23f3\/the-third-usd-820-mn-from-the-imf-to-arrive-in-the-nation%25e2%2580%2599s-coffers-within-days\" style=\"\" rel=\"noopener\">fallen some 23% y-o-y<\/a> during FY 2023-2024 to USD 7.2 bn.<\/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 ABROAD<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Norway\u2019s sovereign wealth fund, the largest in the world, reported net income of USD 138 <\/strong><strong>bn in H1 2024 thanks to AI.<\/strong> CEO of Norges Bank Investment Management Nicolai Tangen attributed their 8.6% return to the \u201cincreased demand for new solutions in artificial intelligence.\u201d Other investments, namely in renewable energy infrastructure, incurred major losses, resulting in an overall dock of 0.04 percentage points on the country\u2019s benchmark index. Tangen also shared his negative outlook on the future of global stocks due to ongoing geopolitical situations, but did not indicate whether the fund will be divesting from any of the 8.7k companies they have invested in across 70 countries. (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/08\/14\/worlds-largest-sovereign-wealth-fund-posts-138-billion-in-h1-profit.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>Africa\u2019s first carbon market has landed:<\/strong> Egypt launched yesterday its voluntary carbon trading market \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf6f83bf-cf94-4686-a908-2e5c27b3c511\/egypt-launches-africa%25e2%2580%2599s-first-carbon-market\" style=\"\" rel=\"noopener\">the first in the country<\/a> and in Africa.<\/li>\n<li><strong>A whole lotta earnings: <\/strong>Yesterday saw <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/75bca066-f2e3-4908-b1ca-302adef09ac8\/tmg-holding,-contact-financial,-fawry-report-earnings\" style=\"\" rel=\"noopener\">a fresh batch of 1H earnings published<\/a> \u2014 we have earnings from Talaat Moustafa Group Holding, Contact Financial, and Fawry.<\/li>\n<li><strong>A big wheat buy in our future? <\/strong>State grain buyer GASC is in discussions over directly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b829ddbb-1767-4eb3-b38f-d9121dae41ce\/egypt-is-still-looking-to-secure-a-big-wheat-buy\" style=\"\" rel=\"noopener\">purchasing up to 1.8 mn tons of wheat<\/a> from international suppliers.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f<\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>The mercury is peaking at a high of 38\u00b0C before simmering to a moderate low of 26\u00b0C by nightfall, according to our favorite weather app. Sahel and Alexandria are seeing cooler weather, with a high of 32-33\u00b0C and a low of 24-27\u00b0C.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/suez-canal\/\">Suez Canal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"639785 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"639785\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/14\/639785\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639785\" class=\"content-area-description single-story post-639785 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/beltonemortgage.com\/en\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/274.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"639786\" 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=\"639786\">\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\/08\/14\/la-is-sharing-their-prepping-initiative-for-the-2028-olympic-games\/\">\r\n                            LA is sharing their prepping initiative for the 2028 olympic games.                        <\/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\/08\/14\/la-is-sharing-their-prepping-initiative-for-the-2028-olympic-games\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1265.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"639787\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/14\/la-is-sharing-their-prepping-initiative-for-the-2028-olympic-games\/1265-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1265.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1265.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1265.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1265.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639786\" class=\"content-area-description single-story post-639786 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-2028-olympics tag-enterprisepm tag-for-your-commute tag-la 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\/8\/.22606cc4-8989-4517-bbda-40e3fd994703.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The Olympics may have just ended, but the countdown to the 2028 games has <\/strong><strong>already begun.<\/strong> The passing of the <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/sport\/article\/2024\/aug\/11\/final-show-of-colour-as-paris-passes-olympic-flame-to-los-angeles\" style=\"\" rel=\"noopener\">Olympic flame<\/a> to Los Angeles Mayor Karen Bass \u2014 as well as <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=n2-twYfq72s\" style=\"\" rel=\"noopener\">Tom Cruise\u2019s stunt<\/a> \u2014 officially kicked off preparations for the <a target=\"_blank\" href=\"https:\/\/la28.org\/en.html\" style=\"\" rel=\"noopener\">2028 LA Summer Olympics<\/a>. Paris set the bar high for sustainability, but LA is looking to one-up them by aiming for a <a target=\"_blank\" href=\"https:\/\/la28.org\/en\/games-plan\/venues.html#:~:text=no%20new%20permanent%20venues%20will%20be%20built%20to%20host%20the%20Games%2C\" style=\"\" rel=\"noopener\">no build<\/a> and <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=fWgo_jqp234\" style=\"\" rel=\"noopener\">car-free<\/a> event\u2026 and making sure they don\u2019t repeat Paris\u2019 mistakes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Despite Paris\u2019s efforts, things didn\u2019t go\u2026 <\/strong><strong>swimmingly<\/strong><strong>. <\/strong>The Seine\u2019s water quality was still highly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c177ff86-0cab-4460-a053-cb13266a5905\/superstar-employees-%25e2%2580%2594-are-they-worth-it%3F#:~:text=Eau%20no%E2%80%A6%20The%20Olympic%20Triathlon%20has%20been%20postponed%20due%20to%20pollution%20in%20the%20Seine.\" style=\"\" rel=\"noopener\">contaminated<\/a> after the country\u2019s <a target=\"_blank\" href=\"https:\/\/www.nationalgeographic.com\/environment\/article\/seine-river-cleanup-paris-olympics\" style=\"\" rel=\"noopener\">USD 1.5 bn<\/a> cleanup project, leaving athletes a bit <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/2024-olympics-seine-river-illness-02d937f2d5f0fd20efafbf2250264aea\" style=\"\" rel=\"noopener\">under the weather<\/a>. The city\u2019s eco-friendly cooling efforts left much to be desired during Europe\u2019s heatwave \u2014 many teams had to resort to installing their own <a target=\"_blank\" href=\"https:\/\/www.theinertia.com\/surf\/us-nations-air-conditioning-olympics\/\" style=\"\" rel=\"noopener\">AC units<\/a> to keep cool.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>LA is relying on existing facilities to make sure living conditions are tried and true. <\/strong>The Olympic Village will find its home at <a target=\"_blank\" href=\"https:\/\/housingandhospitality.ucla.edu\/la-2028-games\/\" style=\"\" rel=\"noopener\">UCLA<\/a>, the infrastructure of which is already equipped to handle large numbers of people. Their no build guarantee will also see <a target=\"_blank\" href=\"https:\/\/www.sofistadium.com\/\" style=\"\" rel=\"noopener\">SoFi Stadium<\/a> host the opening ceremony and the swimming events, while the <a target=\"_blank\" href=\"https:\/\/www.britannica.com\/place\/San-Fernando-Valley\" style=\"\" rel=\"noopener\">San Fernando Valley<\/a> will rev up for <a target=\"_blank\" href=\"https:\/\/olympics.com\/ioc\/news\/la28-updates-venue-masterplan-with-world-class-stadiums-and-arenas-chosen-to-enhance-athlete-and-fan-experience#:~:text=The%20San%20Fernando%20Valley%20will%20be%20a%20hub%20for%20youthful%2C%20high%20energy%20Olympic%20competitions%20in%20BMX%20Freestyle%20and%20BMX%20Racing%2C%20along%20with%20Skateboarding%20Park%20and%20Street%2C%20all%20in%20the%20Sepulveda%20Basin%20area.\" style=\"\" rel=\"noopener\">BMX racing<\/a>. <a target=\"_blank\" href=\"https:\/\/olympics.com\/ioc\/news\/la28-announces-further-venue-updates-leveraging-world-class-facilities-and-highlighting-games-legacy#:~:text=Across%20town%20in%20the%20Pacific%20Palisades%20neighbourhood%2C%20golf%20will%20be%20played%20at%20the%20Riviera%20Country%20Club%2C%20which%20is%20considered%20one%20of%20the%20top%20courses%20in%20the%20country%2C%20having%20previously%20hosted%20several%20major%20championships.\" style=\"\" rel=\"noopener\">Golf<\/a> will tee off in the Pacific Palisades, and Long Beach, despite its <a target=\"_blank\" href=\"https:\/\/lbpost.com\/news\/how-heal-the-bay-graded-long-beachs-water-this-year\/\" style=\"\" rel=\"noopener\">polluted water history<\/a>, will host triathlon and marathon swimming.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Managing traffic won\u2019t have as clear a solution.<\/strong> Mayor Bass is certainly making lofty promises with the car-free approach, hoping that encouraging and facilitating use of public transportation \u2014 and deploying over 3k buses to that end \u2014 will be enough of a fix. But with the city\u2019s population soaring from 7.9 mn in 1984 to over <a target=\"_blank\" href=\"https:\/\/www.latimes.com\/california\/story\/2023-03-31\/los-angeles-county-lost-more-people-than-any-county-in-america-in-2021-22\" style=\"\" rel=\"noopener\">9.7 mn<\/a> today \u2014 and only <a target=\"_blank\" href=\"https:\/\/mayor.lacity.gov\/news\/preparing-games-mayor-bass-announces-trips-paris-prepare-los-angeles-host-2028-olympic-and\" style=\"\" rel=\"noopener\">5 of their 28 planned transit projects<\/a> completed \u2014 organizers might have their work cut out for them yet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The 2028 games have also some great news for us: <\/strong>The games will see new sports added to the roster, including Flag football, baseball and softball, cricket, and lacrosse will be introduced or reintroduced in LA \u2014 and luckily for our internationally renowned homegrown players, so will <a target=\"_blank\" href=\"https:\/\/olympics.com\/en\/news\/squash-olympics-los-angeles-2028-everything-to-know\" style=\"\" rel=\"noopener\">squash<\/a>. <\/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>Big Tech is knocking down promising AI startups. <\/strong>Microsoft, Google, and Amazon have poached top talent from <a target=\"_blank\" href=\"https:\/\/inflection.ai\/\" style=\"\" rel=\"noopener\">Inflection<\/a> and <a target=\"_blank\" href=\"https:\/\/character.ai\/\" style=\"\" rel=\"noopener\">Character.AI<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.adept.ai\/\" style=\"\" rel=\"noopener\">Adept<\/a>, pushing them to an early exit. The startups showed promising futures, together raising over USD 2 bn in funding, according to <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/95eca7ee-41e7-4106-a746-34f8383b7d71\" style=\"\" rel=\"noopener\">Financial Times<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Alongside the startups\u2019 researchers, engineers, and even <\/strong><strong>founders, the tech giants also<\/strong><strong> swiped<\/strong><strong> the licenses to their products.<\/strong> This spells a grim fate for AI startups trying to break into the industry. This has caused venture capitalists to back down, threatening to push them out of the AI boom completely. The industry is growing, but it seems that no matter the case, Big Tech always ends up winning due to their existing capital and influence. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>They\u2019ve seen modest returns.<\/strong> After Google recruited the founders of Character.AI and obtained the license to their celebrity-impersonating chatbot, the company\u2019s original investors received <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/9c29c512-a26e-44c0-8caf-fce3aa0dea22\" style=\"\" rel=\"noopener\">USD 2.5 bn<\/a> \u2014 a modest return considering what they had injected for its launch, as well as its projected growth, which they hoped would cover the costs of other failed ventures. <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/5feedf3a-ff7a-4c89-9b1d-f9b48834ff4c\" style=\"\" rel=\"noopener\">Microsoft\u2019s deal with Inflection<\/a> was even less rewarding, with a return just slightly higher than their original investment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is an ongoing trend in Silicon Valley.<\/strong> Those who initially quit corporate jobs to launch their own startup end up giving in to the stability of Big Tech buyouts. Adept\u2019s Mustafa Suleyman and Character.AI\u2019s Noam Shazeer and Daniel De Freitas have done the same to capitalize on those companies\u2019 resources needed to train the AI models. Sequoia Capital partner, David Cahn, <a target=\"_blank\" href=\"https:\/\/www.sequoiacap.com\/article\/steel-servers-and-power\/\" style=\"\" rel=\"noopener\">believes<\/a> it will only get harder: \u201cThe next phase in the AI race is going to look different,\u201d he said. \u201cIt will be defined more by physical construction than by scientific discovery.\u201d <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/2028-olympics\/\">2028 Olympics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/la\/\">LA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"639788 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"639788\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/14\/639788\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639788\" class=\"content-area-description single-story post-639788 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.mashreq.com\/en\/uae\/neo\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/989.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"639789\" 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=\"639789\">\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\/08\/14\/the-journalism-that-sparked-the-metoo-movement\/\">\r\n                            The journalism that sparked the #MeToo movement                        <\/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\/08\/14\/the-journalism-that-sparked-the-metoo-movement\/\" 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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ON THE TUBE TONIGHT-<br \/><\/strong>(all times CLT)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The Harvery Weinstein case takes front and center in <\/strong><strong>She Said<\/strong><strong>.<\/strong> In February 2020, Harvey Weinstein, the film producer behind numerous Oscar-winning movies, was convicted of criminal sexual assault and rape by a New York jury. Amid this backdrop comes the <a target=\"_blank\" href=\"https:\/\/www.imdb.com\/title\/tt11198810\/\" style=\"\" rel=\"noopener\">film<\/a> adaptation of the nonfiction book She Said by New York Times journalists chronicling the painstaking investigative journalism that exposed Weinstein's predatory behavior and helped ignite the #MeToo movement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It all begins in rural Ireland in 1992 <\/strong>with a young woman who becomes a victim of assault during a film shoot. The story then shifts to 2016, focusing on journalists Megan Twohey (Carey Mulligan) and Jodi Kantor (Zoe Kazan) as they uncover the truth about Weinstein. The narrative tracks their journey from initial suspicions, spurred by a tweet from actress Rose McGowan, to the eventual publication of their groundbreaking articles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The film excels in depicting the laborious grind of investigative journalism <\/strong>\u2014 the phone calls, doorstepping, and persuasion needed to gain sources\u2019 trust. The central performances by Mulligan and Kazan are restrained yet powerful, emphasizing the personal sacrifices and reputational risks the journalists faced.<\/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 film on <a target=\"_blank\" href=\"https:\/\/www.netflix.com\/ch-en\/title\/81608803\" style=\"\" rel=\"noopener\">Netflix<\/a> or watch the trailer (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=i5pxUQecM3Y\" style=\"\" rel=\"noopener\">runtime: 2:50<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"639796 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"639796\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/14\/639796\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639796\" class=\"content-area-description single-story post-639796 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.palmhillsdevelopments.com\/en-us\/home\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/206.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"639797\" 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=\"639797\">\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\/08\/14\/what-the-markets-are-doing-on-14-august-2024\/\">\r\n                            What the markets are doing on 14 August 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\/08\/14\/what-the-markets-are-doing-on-14-august-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\/08\/14\/what-the-markets-are-doing-on-14-august-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\/08\/14\/what-the-markets-are-doing-on-14-august-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 the markets are doing on 14 August 2024&url=https:\/\/enterpriseam.com\/egypt\/2024\/08\/14\/what-the-markets-are-doing-on-14-august-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\/08\/14\/what-the-markets-are-doing-on-14-august-2024\/&title=What the markets are doing on 14 August 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+the+markets+are+doing+on+14+August+2024+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2024%2F08%2F14%2Fwhat-the-markets-are-doing-on-14-august-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\/08\/14\/what-the-markets-are-doing-on-14-august-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639797\" class=\"content-area-description single-story post-639797 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\/8\/.f361cd10-18fb-4b4b-9e94-6a1983dd44f8.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 4.7 bn (31.5% above the 90-day average). Regional investors were the sole net sellers. The index is up 18.8% 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>Juhayna (+19.4%), Mopco (+10.3%) and Abu Qir Fertilizers (+5.0%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Elsewedy Electric (-6.2%), Eastern Company (-2.9%) and Edita (-2.5%).<\/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<section id=\"639798\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240927.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/mashreq.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27486.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-z5aryzk\" data-v=\"4\" data-block-id=\"z5aryzk\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-z5aryzk-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-z5aryzk-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-3uj1x70\" data-v=\"4\" data-block-id=\"3uj1x70\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-3uj1x70-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-3uj1x70-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=\"639799\" 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\/08\/14\/639799\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639799\" class=\"content-area-description single-story post-639799 post type-post status-publish format-standard hentry category-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> ENTERPRISE ENTERTAINMENT CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">AUGUST<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16 July-15 October (Tuesday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianMOC\/posts\/pfbid07vXLdrnGGxZCRKuyzdjKzWVcG5e95dseaTKHtpMiHLvcx2NAKXpjJC6f5uiuQPyVl\" style=\"\">In the Company of Mahmoud Said<\/a><\/span><span style=\"font-weight:400;\"> exhibition at Aisha Fahmy Palace.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11 June-2 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=\"\">Afashat w Aflam exhibition<\/a><\/span><span style=\"font-weight:400;\"> at Bibliothek.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11 July-30 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>1<\/span><span>1 July-30 August (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tazkarti.com\/#\/e\/787\" style=\"\">Paramotor Ride<\/a><\/span><span style=\"font-weight:400;\"> at North Square. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-24 August ( Monday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/events\/5685\" style=\"\">I Love You, You\u2019re Perfect, Now Change<\/a><\/span><span style=\"font-weight:400;\"> at Rawabet Art Space.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14 August (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C-LMiRTNKuS\/\" style=\"\">El Masryeen<\/a><\/span><span style=\"font-weight:400;\"> at BOOM ROOM.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14 August (Wednesday):  <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C-Px0n1tgSV\/\" style=\"\">Abdelbasset Hamouda and DJ Saddam<\/a><\/span><span style=\"font-weight:400;\"> at CJC 610.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1<\/span><span>5 August (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/collardtickets.com\/event\/disco-misr-at-kikis-setup\/\" style=\"\">Disco Misr<\/a><\/span><span style=\"font-weight:400;\"> at - KIKIS Setup, Hacienda Heneish.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1<\/span><span>6 August (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/collardtickets.com\/event\/media-and-advertising-workshop\/\" style=\"\">Media and Advertising Workshop<\/a><\/span><span style=\"font-weight:400;\"> at MQR - The Greek Campus Downtown.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C-gB5BpObfG\/\" style=\"\">Roads and Rides<\/a><\/span><span style=\"font-weight:400;\"> at One Eleven Track, Alamein. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1<\/span><span>6-17 August (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/collardtickets.com\/event\/media-and-advertising-workshop\/\" style=\"\">Media and Advertising workshop<\/a><\/span><span style=\"font-weight:400;\"> at MQR, The Greek Campus.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/collardtickets.com\/event\/eastwind\/\" style=\"\">Eastwind\u2019s Dogs Day Out<\/a><\/span><span style=\"font-weight:400;\"> at Playa Beach.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22 August (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/collardtickets.com\/event\/gen-z-festival\/\" style=\"\">Gen Z Festival<\/a><\/span><span style=\"font-weight:400;\"> at D-Bay <\/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 August (Friday): Cairokee at New Alamein Festival.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24<\/span><span> August (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/collardtickets.com\/event\/the-bond-fire-vol-1\/\" style=\"\">The Bond-Fire Vol 1<\/a><\/span><span style=\"font-weight:400;\"> at D-Bay. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C-SI3KEtlGr\/\" style=\"\">Wegz Live<\/a><\/span><span style=\"font-weight:400;\"> at New Alamein Festival <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>31 August (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C-ac536tizj\/\" style=\"\">Adriatique<\/a><\/span><span style=\"font-weight:400;\"> at AHM Club in Silversands <\/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>1-4 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/international-food-cairo\" style=\"\">International Food, Beverage & SuperMarket Equipment Exhibition 2024<\/a><\/span><span style=\"font-weight:400;\"> at Cairo International Convention Centre.<\/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>10-12 October (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/e1dd-h5dg-s4s1-8\" style=\"\">EVs Electrify! Expo & Conference 2024<\/a><\/span><span style=\"font-weight:400;\"> at Egypt International Exhibition Center.<\/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 style=\"font-weight:400;\"> at Waldorf Astoria.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-16 November (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/collardtickets.com\/event\/raabta-wellness-festival-2024\/%5C\" style=\"\">Raabta Wellness Festival<\/a><\/span><span style=\"font-weight:400;\"> at El Gouna.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14 December (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/pyramidshalfmarathon\/\" style=\"\">The Marakez Pyramids Half Marathon<\/a><\/span><span>.<\/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":639782,"template":"","categories":[],"tags":[],"class_list":["post-639781","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"4f3283e9-a30c-495f-acda-33ed42856e39","teaser":"","photo_url":"https:\/\/ent.news\/2024\/8\/1309.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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