{"id":639971,"date":"2024-08-18T00:00:00","date_gmt":"2024-08-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=639971"},"modified":"2025-12-17T16:49:59","modified_gmt":"2025-12-17T16:49:59","slug":"sick-%f0%9f%a4%92","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/sick-%f0%9f%a4%92\/","title":{"rendered":"Sick ?"},"content":{"rendered":"<section id=\"639973\" 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=\"639973\">\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\/18\/energy-from-waste-could-get-pricier\/\">\r\n                            Energy from waste could get pricier                        <\/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\/18\/energy-from-waste-could-get-pricier\/\" 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\/18\/energy-from-waste-could-get-pricier\/')\">\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\/18\/energy-from-waste-could-get-pricier\/\">\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=Energy from waste could get pricier&url=https:\/\/enterpriseam.com\/egypt\/2024\/08\/18\/energy-from-waste-could-get-pricier\/\">\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\/18\/energy-from-waste-could-get-pricier\/&title=Energy from waste could get pricier\">\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=Energy+from+waste+could+get+pricier+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2024%2F08%2F18%2Fenergy-from-waste-could-get-pricier%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\/18\/energy-from-waste-could-get-pricier\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1540.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"639974\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/18\/energy-from-waste-could-get-pricier\/1540-jpg-15\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1540.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1540.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1540.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1540.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639973\" class=\"content-area-description single-story post-639973 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-enterprisepm tag-waste-to-energy 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\/.4fbaa0c4-f362-4297-a4f7-637263ab1568.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, all. <\/strong>It\u2019s an oddly quiet day on the business front for what we hope to be the start of a calm business week. <\/p>\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>Could energy from waste get pricier? <\/strong>The Environment Ministry is looking into raising the feed-in tariff rate for waste-to-energy plants \u2014 the set price that the government pays for the electricity they generate \u2014 in a bid to make the sector more attractive to investors, Waste Management Regulatory Authority consultant Khaled Elfarra told Enterprise. The proposed price increase would see the feed-in-tarrif rate rise to EGP 2.35\/Kwh \u2014 the tariff rate hasn\u2019t changed since it was set at <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b8e85f3-4abd-445e-8890-22baac2066c3\" style=\"\" rel=\"noopener\">EGP 1.40\/Kwh in 2019<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The proposed tariff increase has been sent to the Electricity Ministry and after it gives its greenlight the proposal will be forwarded to the cabinet, Elfarra added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"http:\/\/finance2024.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1433.jpg?ssl=1\"\/><\/a> <\/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>The news slowdown has extended beyond Egypt<\/strong>, with no single story captivating the attention of the foreign press this afternoon. Among those making headlines: <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- US Secretary of State Antony Blinken is expected to visit Israel today<\/strong> as the US and other mediators <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/blinken-push-gaza-ceasefire-israel-launches-fresh-strikes-2024-08-18\/\" style=\"\" rel=\"noopener\">continue to push<\/a> for all parties to accept an amended <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d204a1fd-9995-49e1-9fe0-0d8450b5e740\/egypt-unveils-green-hydrogen-strategy-to-target-up-to-8%2525-of-the-global-market-by-2040\" style=\"\" rel=\"noopener\">ceasefire proposal<\/a> that would see Israel keep its troops stationed on Gaza\u2019s border with Egypt, among others. Blinken will meet with senior Israeli officials as well as Israeli prime minister Benjamin Netanyahu.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- And on the front lines of the Russia-Ukraine war<\/strong>, Ukraine is moving to <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/f769b1ca-5750-4adb-9763-c58525a24af7\" style=\"\" rel=\"noopener\">consolidate its<\/a><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/f769b1ca-5750-4adb-9763-c58525a24af7\" style=\"\" rel=\"noopener\">positions<\/a> in the Russian border region of Kursk following its successful incursion into Russian territory. The Ukrainian air force has destroyed two bridges in the region, alongside Russian weapons depots and logistics hubs, in a bid to disrupt the country\u2019s supply lines.<\/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>AD Ports<\/strong> <strong>subsidiary <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2357fde7-86e9-4342-81b1-aa59de80bbb1\/ad-ports-subsidiary-acquires-egyptian-maritime-services-provider-safina\" style=\"\" rel=\"noopener\">acquires majority stake<\/a><\/strong><strong> in Safina:<\/strong> AD Ports\u2019 <a target=\"_blank\" href=\"https:\/\/www.noatumlogistics.com\/\" style=\"\" rel=\"noopener\">Noatum<\/a> has acquired a majority stake in maritime, logistics, and cargo services provider <a target=\"_blank\" href=\"https:\/\/www.safinashipping.com\/\" style=\"\" rel=\"noopener\">Safina Shipping Services<\/a>.<\/li>\n<li><strong>Unemployment was down 0.5 percentage points y-o-y in the second quarter of the <\/strong><strong>year:<\/strong> Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c9ea7948-fb53-4497-9c41-409c7fa29e5e\/egypt%25e2%2580%2599s-unemployment-falls-for-third-consecutive-quarter-to-6.5%2525\" style=\"\" rel=\"noopener\">unemployment rate fell<\/a> to 6.5% of the total workforce in the second quarter of this year, falling 0.2 percentage points from the previous quarter.<\/li>\n<li><strong>Another wind farm in Ras Ghareb is officially underway: <\/strong>Our friends at renewables firm <a target=\"_blank\" href=\"https:\/\/weareinfinitypower.com\/\" style=\"\" rel=\"noopener\">Infinity Power<\/a>, Emirati state-run renewables giant <a target=\"_blank\" href=\"https:\/\/masdar.ae\/\" style=\"\" rel=\"noopener\">Masdar<\/a>, and the Egyptian Electricity Transmission Company (EETC) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fa57d262-05cf-4d97-b48a-790e891ed1bc\/masdar,-infinity,-and-eetc-finalize-agreement-for-ras-ghareb-wind-farm\" style=\"\" rel=\"noopener\">have made plans<\/a> to build a 200 MW wind farm in Ras Ghareb official after inking a trilateral purchase power agreement.<\/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 at the steps taken by the Madbouly government to streamline procedures, cut back on red tape, and provide more support for both local and foreign investors.<\/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>The mercury is peaking at a high of 37\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 highs of 31-33\u00b0C and lows of 24-26\u00b0C.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/waste-to-energy\/\">waste-to-energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"639975 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"639975\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/18\/639975\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639975\" class=\"content-area-description single-story post-639975 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/beltonemortgage.com\/en\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/274.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"639976\" 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=\"639976\">\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\/18\/when-is-being-sick-not-being-sick-enough\/\">\r\n                            When is being sick not being sick enough?                        <\/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\/18\/when-is-being-sick-not-being-sick-enough\/\" target=\"_blank\">\n              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href=\"https:\/\/api.whatsapp.com\/send?text=When+is+being+sick+not+being+sick+enough%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2024%2F08%2F18%2Fwhen-is-being-sick-not-being-sick-enough%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\/18\/when-is-being-sick-not-being-sick-enough\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1413.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"639977\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/18\/when-is-being-sick-not-being-sick-enough\/1413-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1413.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1413.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1413.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1413.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639976\" class=\"content-area-description single-story post-639976 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-enterprisepm tag-for-your-commute tag-remote-work tag-sick-day 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\/.7eb3172e-8c1c-4e2b-9bf5-8de491c4eebe.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Gone are the days when calling in sick meant the difference between a day in bed and a<\/strong><strong> day at work<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/f6cd223f-b918-4e5d-95a1-475ac0f228a5\" style=\"\" rel=\"noopener\">The Financial Times<\/a> notes. Remote work has blurred these lines, making it tough to determine whether employees are expected to power through from home or take a sick day. HR experts are concerned that this confusion leads to \u201cpresenteeism\u201d \u2014 working while sick \u2014 and \u201cleaveism\u201d \u2014 using vacation days to cover for illness.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The option to work from home has blurred the line between working hours and<\/strong><strong> downtime.<\/strong> With Covid-19 and other illnesses making a comeback, the importance of the boundaries are cropping back up. Ann Francke, CEO of the Chartered Management Institute, sums it up: \u201cIt\u2019s the new age of ambiguity. Are you well enough to work? Are you ill enough to take time off? Who decides?\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Despite the wake of Covid, company guidelines are still unclear, and many workplaces<\/strong><strong> haven\u2019t updated their policies.<\/strong> Pre-pandemic, being sick enough to stay home automatically meant taking a day off to rest, but now people are asking themselves how sick you need to be to be unable to work at all, even from bed. According to the <a target=\"_blank\" href=\"https:\/\/www.cipd.org\/uk\/knowledge\/reports\/health-well-being-work\/\" style=\"\" rel=\"noopener\">CIPD<\/a>, a British association for human resource management professionals, more than half of employees have worked despite feeling unwell, often due to pressure \u2014 whether real or perceived \u2014 to perform.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where does the responsibility lie?<\/strong> People and transformation director at the CIPD Amanda Arrowsmith says that previously, sick days were given to stop the spread of illness, not out of concern for an employee\u2019s health. The solution? Francke advises managers to \u201ccreate an environment that respects the employee\u2019s needs to stay healthy and productive,\u201d and for employees to be mindful of their judgment on whether or not their ailments allow them to work from home while taking care of their health.<\/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>EVs are all the rage right now. But if you\u2019re thinking of a quick turnaround, <\/strong><strong>they may not be the best option. <\/strong>Data shows that EVs <a target=\"_blank\" href=\"https:\/\/www.wired.com\/story\/evs-are-losing-up-to-50-percent-of-their-value-in-one-year\/\" style=\"\" rel=\"noopener\">depreciate<\/a> the minute they\u2019re driven out of the dealership.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Prepare for loss.<\/strong> In the UK, some EVs, including the Audi e-Tron GT, Ford Mustang Mach-E, Hyundai Ioniq, and Tesla Model 3, lose around half of their value within the first year, according to data from <a target=\"_blank\" href=\"https:\/\/www.cap-hpi.com\/\" style=\"\" rel=\"noopener\">Cap HPI<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mileage isn\u2019t the issue\u2026 <\/strong>The distance covered by the car doesn\u2019t factor into its resale value. Experts give an example of a year-old Porsche Taycan 4S with 10k miles on the odometer fell from GBP 100.2k to GBP 50.7k. If it had covered 20k instead, the value would only have dropped by an additional GBP 2.6k, only an extra 2.6% of its original value.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2026nor is age. <\/strong>If that same Porsche Taycan had been two years old instead, then the value would have dropped an additional GBP 4.1k, only 4.1% of its original value, according to data shared to Wired by <a target=\"_blank\" href=\"https:\/\/www.edmunds.com\/\" style=\"\" rel=\"noopener\">Edmunds<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Secondhand supremacy. <\/strong>The significant depreciation, along with the fact that the batteries are beginning to last longer than initially expected, works in favor of savvy second hand buyers, who\u2019ll then be able to get great deals on electric vehicles, according to <a target=\"_blank\" href=\"https:\/\/www.recurrentauto.com\/research\/how-long-do-ev-batteries-last\" style=\"\" rel=\"noopener\">Recurrent<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gas-powered cars win in that department. <\/strong>Cap HPI data shows that in the UK, a gas-powered Audi Q7 55 holds about 42% more value after a year than the electric Audi e-tron 55, despite its higher initial cost. Even lower-value cars like the Volkswagen Golf exhibit a 46% higher resale value for their gas variants over electric models.<\/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\/remote-work\/\">remote work<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sick-day\/\">Sick Day<\/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=\"639978 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=\"639978\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/18\/639978\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639978\" class=\"content-area-description single-story post-639978 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\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=\"639979\" 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=\"639979\">\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\/18\/a-dose-of-adrenaline-and-drama-in-one-fast-move\/\">\r\n                            A dose of adrenaline and drama in One Fast Move                        <\/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\/18\/a-dose-of-adrenaline-and-drama-in-one-fast-move\/\" 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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Dean, who\u2019s busy drinking and racing in circles, begrudgingly takes Wes under his wing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As Wes shows he\u2019s got what it takes on the track,<\/strong> tensions rise with his father, and a romance with local diner waitress Camila (Maia Reficco) adds another layer of complication. The narrative follows a familiar trajectory: overcoming personal demons, battling a difficult relationship with a father figure, and culminating in a climactic race.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The film delivers on the basics \u2014 <\/strong>a fast-paced racing backdrop, a troubled hero, and familial strife. If you\u2019re in the mood for a straightforward, if formulaic, sports drama and action, this film might hit the spot. And under delivers on others: The real dangers and drama of motorcycle racing are overlooked to serve the plot, and many have complained about the characters being too two-dimensional. These faults stop the film from being a gripping watch, but it may be perfect for people who want drama for the sake of drama.<\/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.primevideo.com\/detail\/One-Fast-Move\/0L0BOD9VMEM93F6JTAOZ35BCEL\" style=\"\" rel=\"noopener\">Amazon Prime Video<\/a> or watch the trailer (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=vGpbT392Itg\" style=\"\" rel=\"noopener\">runtime: 2:08<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"639984 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"639984\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/18\/639984\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639984\" class=\"content-area-description single-story post-639984 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.palmhillsdevelopments.com\/en-us\/home\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/206.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"639985\" 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=\"639985\">\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\/18\/what-the-markets-are-doing-on-18-august-2024\/\">\r\n                            What the markets are doing on 18 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\/18\/what-the-markets-are-doing-on-18-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\/18\/what-the-markets-are-doing-on-18-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\/18\/what-the-markets-are-doing-on-18-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 18 August 2024&url=https:\/\/enterpriseam.com\/egypt\/2024\/08\/18\/what-the-markets-are-doing-on-18-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\/18\/what-the-markets-are-doing-on-18-august-2024\/&title=What the markets are doing on 18 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+18+August+2024+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2024%2F08%2F18%2Fwhat-the-markets-are-doing-on-18-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\/18\/what-the-markets-are-doing-on-18-august-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639985\" class=\"content-area-description single-story post-639985 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\/.72428b53-e79e-4dc0-b541-718db2d4813a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX30 fell 0.6% at today\u2019s close<\/strong> on turnover of EGP 3.6 bn (1.3% above the 90-day average). Local investors were the sole net buyers. The index is up 18.3% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Beltone Holding (+3.1%), Juhayna (+2.2%), and Ezz Steel (+2.1%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Alexandria Containers and Cargo Handling (-3.7%), Elsewedy Electric (-2.9%), and Oriental Weavers (-2.2%).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/go-with-the-flow\/\">Go with the Flow<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"639986\" 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 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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\/govt-has-taken-major-steps-to-support-the-industrial-sector-what-are-they\/\">  \r\n                            Gov\u2019t has taken major steps to support the industrial sector, what are they?<\/a>\r\n                        <\/h3>\r\n\r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1517.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1517.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1517.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1517.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-639987\" class=\"content-area-description post-639987 inside_industry type-inside_industry status-publish has-post-thumbnail hentry category-inside-industry tag-enterprise-inside-industry tag-enterprisepm tag-industry tag-inside-industry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Whatever it takes to boost industry: <\/strong>The industrial sector is seeing unprecedented support from the state as it works to boost industrial growth which is translating into happier industrial players.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The end goal:<\/strong> Recent government efforts aim to streamline procedures, cut back on red tape, and provide more support for both local and foreign investors in the industrial sector, as part of a broader strategy to boost Egypt's industrial output and export capabilities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>The cabinet has presented President Abdel Fattah El Sisi with a comprehensive plan to boost the industrial sector, Prime Minister Moustafa Madbouly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/49a2b46f-b33c-48aa-924a-b99ea95b13c2\/egypt%25e2%2580%2599s-cabinet-approved-executive-regs-to-hospital-privatization\" style=\"\" rel=\"noopener\">said last week<\/a>. The plan has three main objectives \u2014 enhancing the industrial investment environment to encourage the establishment of new factories and attract fresh investments, improving the quality of Egyptian products and increasing their competitiveness, reviving factories that shut off operations due to economic challenges and providing the necessary support for struggling factories.<\/p>\n<p class=\"tag-border-left\">MP NOW NEEDS TO SIGN OFF ON SHUTTING DOWN FACILITIES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Step one:<\/strong> Madbouly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bec3250d-314d-422c-b328-b82da157ba9a\/\" style=\"\" rel=\"noopener\">said<\/a> that industrial facilities now require the greenlight from him to shut down operations. The move would mean factories that have halted operations will need to once again kick off operations if not given the prime minister\u2019s greenlight. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>Many factories have drained their funds before even starting operations, either due to bureaucracy or current economic conditions, Mohamed El Bahy, board member at the Federation of Egyptian Industries, told Enterprise. Shutting down a facility means a lot of wasted resources, seeing as typically it would take around two years for a factory to be up and running from setting the foundation stone to kicking off operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The outcome: <\/strong>Reviving stalled facilities would increase the availability of raw materials and goods in the market, enhancing competition and exports, he added. <\/p>\n<p class=\"tag-border-left\">FAST TRACKING THE PROCESS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cutting the red tape:<\/strong> The move to have a single authority take care of all the necessary approvals to set up a facility will significantly speed up the process \u2014 initially investors had to receive approvals from 23 separate entities to set up a plant, a move which made the process of receiving the necessary licenses a months- or even years-long process, Samir Aref, head of the Tenth of Ramadan City Investors Association, told Enterprise. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Putting things on the fast track: <\/strong>Factories will be classified into two categories based on their risk levels and the period of their application process will depend on which category they fall into, Aref said. <strong>Low-risk factories<\/strong> will receive a preliminary license to immediately kick off construction until they receive the remaining permits. Meanwhile, <strong>high-risk factories<\/strong> will have to wait up to two weeks as the responsible authorities ensure safety and industrial security requirements are met.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The golden license effect:<\/strong> Industrial players had been calling for a conditions-free golden license with an expanded scope, El Bahy said, adding that the decision to fast track license approvals is far more attractive than the golden license. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Long-awaited decisions: <\/strong>Industry players have for years been calling for a way to speed things up after constant struggling with red tape, Bassim Youssef, a member of the Chamber of Engineering Industries, told us. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>To sweeten the pot more:<\/strong> The Transport and Industry Ministry plans to launch a digital platform for industry within days. The platform will facilitate land allocation, allow manufacturers to digitally pick their desired plot, and grant building and operating licenses all in less than a week and in exchange a single fee.<\/p>\n<p class=\"tag-border-left\">LAND REMAINS AN ISSUE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Land availability:<\/strong> Aref confirmed that the lack of affordable serviced land remains one of the biggest challenges facing local industry and foreign investment alike.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Work in progress: <\/strong>The state is working on expand the amount of industrial land available, Transport and Industry Minister Kamel El Wazir said, adding that land will be made available for all industrial investors starting from early September, with industrial land plots to be offered periodically every three months. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What's next?<\/strong> Sources previously <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f5e1f6aa-3840-4c8d-9eac-5fa2a4f92340\/gov%25e2%2580%2599t-plans-new-incentives-and-regs-to-boost-local-industry\" style=\"\" rel=\"noopener\">confirmed<\/a> to Enterprise that large areas of industrial land will be offered to investors through the industrial developer system \u2014 which allows private companies to develop land for industrial use. Last week, El Wazir said that the state will offer some 10 mn sqm of industrial land to investors under its plan to boost the sector in Sadat City, Borg El Arab, Sixth of October, Tenth of Ramadan, and Badr City. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also planned: <\/strong>There is also a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f5e1f6aa-3840-4c8d-9eac-5fa2a4f92340\/gov%25e2%2580%2599t-plans-new-incentives-and-regs-to-boost-local-industry\" style=\"\" rel=\"noopener\">plan<\/a> to allow manufacturers to directly secure land from the state for no charge and install utilities themselves by contracting with the utility provider of their choice. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Legalizing factory violations could help with the issue:<\/strong> One of the most important steps of supporting industry is the plan to legalize the status of factories built on agricultural land \u2014 last month El Wazir <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2deb336c-a235-4251-8b82-cb7fcbfa18d7\/the-fine-print-in-fertiglobe%25e2%2580%2599s-green-ammonia-offtake-agreement-with-germany.-plus:-news-from-ida,-itida,-korra-group\" style=\"\" rel=\"noopener\">tasked<\/a> the Industrial Development Authority with drawing up legislative amendments to legalize the status of any industrial institution built on agricultural land that is already licensed and operational. The move would result in a dip in demand for offered industrial land plots, El Bahy said. <\/p>\n<p class=\"tag-border-left\">ALSO ON THE AGENDA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tax breaks:<\/strong> The government is mulling over canceling property tax on factories, El Wazir previously <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/companies\/51166\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%AD%D9%81%D8%B2-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D8%A8%D8%AA%D8%B4%D8%BA%D9%8A%D9%84-%D9%85%D9%86%D8%B4%D8%A2%D8%AA-%D9%85%D8%AA%D8%B9%D8%AB%D8%B1%D8%A9-%D9%88%D8%A5%D9%84%D8%BA%D8%A7%D8%A1-%D8%A7%D9%84%D8%B6%D8%B1%D9%8A%D8%A8%D8%A9-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%8A%D8%A9\/\" style=\"\" rel=\"noopener\">said<\/a>. But players want more, players told us that they are looking for additional tax breaks in the coming period. <\/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\">WHAT DO INDUSTRIAL PLAYERS WANT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Industry player want cheap financing:<\/strong> All the industry players Enterprise spoke to agreed on the need for more affordable financing, adding that the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c0fbf63f-f196-4ab6-acac-529210bde7e3\" style=\"\" rel=\"noopener\">EGP 120 bn in subsidized loan<\/a> s the Madbouly government has allocated to support industry and agriculture is not enough.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investors want actions: <\/strong>Investors are waiting for the state to fulfill promises made, Aref said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refresher:<\/strong> The new cabinet <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d19b1620-8829-4ff1-a653-965340f2dd4f\" style=\"\" rel=\"noopener\">intends<\/a> to double down on finalizing a new national strategy for industry and trade competitiveness, with an emphasis on positioning Egypt as a hub for sustainable industry and trade. The initiative targets an annual growth of 31.2% in industrial output by FY 26-27 and USD 103.4 bn in total exports in the period between 2024 and 2026, and to USD 130 bn by FY 26-27.<\/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>Novarts mulls EGP 100 mn factory:<\/strong> <a target=\"_blank\" href=\"https:\/\/novartis-egypt.com\/en\" style=\"\" rel=\"noopener\">Novarts Agro Egypt<\/a> plans to set up an EGP 100 mn factory in Beni Suef. (<a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d9%86%d9%88%d9%81%d8%a7%d8%b1%d8%aa%d8%b3-%d8%a3%d8%ac%d8%b1%d9%88-%d8%a5%d9%8a%d8%ac%d9%8a%d8%a8%d8%aa-%d9%84%d9%84%d9%83%d9%8a%d9%85%d8%a7%d9%88%d9%8a%d8%a7%d8%aa-%d8%aa%d8%b3%d8%aa\/\" style=\"\" rel=\"noopener\">Al Mal<\/a>)<\/li>\n<li><strong>The New Alamein industrial zone has attracted bns of projects:<\/strong> Some EGP 25 bn worth of projects are underway in the New Alamein industrial zone. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/AsharqbEGY\/posts\/pfbid02qH7uNJ9rrBjRXGHmRRJr47EG7a3LR9jd2wrAPdQXKZY8L4Su4xDe6ysHhfABTSZfl?rdid=GEcvzjqY3qpdFud2\" style=\"\" rel=\"noopener\">Asharq Business<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/industry\/\">industry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inside-industry\/\">INSIDE INDUSTRY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column\" style=\"flex-basis:19.8%\"><\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<section id=\"639989\" 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\/18\/639989\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-639989\" class=\"content-area-description single-story post-639989 post type-post status-publish format-standard hentry category-the-enterprise-entertainment-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> THE ENTERPRISE ENTERTAINMENT CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">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>11 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>20 August (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C-xRDWStC20\/?hl=en\" style=\"\">90s Flashback night<\/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>21 August (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C-h3u5xN8NG\/?hl=en\" style=\"\">Nour Project and Wust El Balad<\/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>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>22 August (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tazkarti.com\/#\/e\/804\" style=\"\">Esaad Younis and Omar Khairat<\/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 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>23 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/C-kQCRbtyx3\/\" style=\"\">The Play Festival Vol2<\/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>24 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 style=\"font-weight:400;\">.<\/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":639972,"template":"","categories":[],"tags":[],"class_list":["post-639971","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"8280b98c-0dcc-4aea-8e10-b810fb564c79","teaser":"","photo_url":"https:\/\/ent.news\/2024\/8\/1537.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>Sick ? 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