{"id":661127,"date":"2025-02-23T00:00:00","date_gmt":"2025-02-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=661127"},"modified":"2025-12-18T03:42:34","modified_gmt":"2025-12-18T03:42:34","slug":"resting-on-laurels","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/resting-on-laurels\/","title":{"rendered":"Resting on laurels"},"content":{"rendered":"<section id=\"661129\" 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=\"661129\">\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\/2025\/02\/23\/new-round-of-industrial-land-offerings-to-kick-off-1-march\/\">\r\n                            New round of industrial land offerings to kick off 1 March                        <\/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\/2025\/02\/23\/new-round-of-industrial-land-offerings-to-kick-off-1-march\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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data-attachment-id=\"661130\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/new-round-of-industrial-land-offerings-to-kick-off-1-march\/2151-jpg-19\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2151.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2151.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2151.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2151.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661129\" class=\"content-area-description single-story post-661129 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-enterprisepm tag-manufacturing 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\/2025\/2\/.e5e27bc6-5594-4e54-baec-2ffbfeafa02b.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hello all you wonderful people, and happy Sunday. <\/strong>We have a packed issue for you today, so without further ado, let\u2019s get into it.<\/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>A new round of industrial land offerings goes live 1 March: <\/strong>The Industry Ministry is offering 2.2k small, medium, and large industrial land plots covering a cumulative 13 mn sqm across 22 governorates through Industrial Digital Platform from 1 to 7 March, according to a ministry <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/1BZ1fgoic7\/\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This round is set to see some changes:<\/strong> The new offering will see the ministry launch the second phase of the Industrial Digital Platform\u2019s development, with three additional services \u2014 building permits, zoning permits, and industrial registration \u2014 added to the platform\u2019s menu of services. Interested investors can also now apply for one primary and one alternative land plot, offering investors a higher likelihood of receiving a plot, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>The government has been trying to address a lack of industrial land \u2014 as well as widespread <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/344f225c-4950-450e-bb73-c86cd56e175c\/what-is-the-government-doing-to-crack-down-on%253cmark%253e-industrial-land%253c%2Fmark%253e-hoarding%3F\" style=\"\" rel=\"noopener\">land hoarding<\/a> \u2014 by offering significant swathes of land to investors via a newly launched digital platform, amid a wider regulatory reset to assure that industrial land is being used effectively. The IDA most recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f309f00e-7d1b-4ede-bd10-9c6c1d1a253e\" style=\"\" rel=\"noopener\">offered over 2.6k land plots<\/a> in December, spanning 15.2 mn sqm across 37 industrial zones in 24 governorates.<\/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>It\u2019s a busy news day in the int\u2019l press<\/strong>, with no one news story dominating headlines.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Germans are heading to the polls this morning <\/strong><strong>in an election that is widely expected to <\/strong><strong>see strong performance from Germany\u2019s rightwing parties <\/strong>\u2014 particularly Friedrich Merz\u2019s center-right CDU\/CSU bloc and far-right Alternative for Germany (AfD), <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/gloomy-germans-vote-election-which-conservatives-are-set-win-2025-02-22\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The elections follow the collapse of German chancellor Olaf Scholz's center-left SPD coalition amid budget disputes, which could result in the party\u2019s worst showing in its post-WWII history. Meanwhile, current polls suggest complex coalition negotiations could leave Scholz in a caretaker role for months \u2014 certainly if smaller parties cross the 5% threshold to enter the parliament, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b8e85994-1601-44bc-bd34-d094e8572415\" style=\"\" rel=\"noopener\">Financial Times<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Israel violates ceasefire agreement with prisoner release delay: <\/strong>Israel has delayed the release of over 600 Palestinian prisoners set to be freed on Saturday as part of the country\u2019s ceasefire agreement with Hamas, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/71b3b873-1396-4f10-b98d-da6ad0a5e99a\" style=\"\" rel=\"noopener\">Financial Times<\/a> reports. Israeli prime minister Benjamin Netanyahu\u2019s office justified the move by accusing Hamas of \u201crepeated violations\u201d and \u201ccynical exploitation\u201d of Israeli hostages for \u201cpropaganda purposes\u201d in a <a target=\"_blank\" href=\"https:\/\/x.com\/IsraeliPM\/status\/1893457511816044968\" style=\"\" rel=\"noopener\">post on X<\/a>, adding that the Israeli government would hold off on releasing the prisoners until Hamas released the next round of hostages.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And over in Vatican City, 88-year-old Pope Francis is in critical condition<\/strong> while attempting to recuperate from what has been reported to be double pneumonia, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/pope-francis-had-tranquil-night-hospital-vatican-says-2025-02-23\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The spiritual leader of the world\u2019s Catholics has been unable to give his usual Sunday sermon in St Peter\u2019s Square since being admitted to the hospital on 14 February.<\/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>CBE keeps interest rates unchanged during its first meeting of the year: <\/strong>The Central Bank of Egypt\u2019s Monetary Policy Committee (MPC) decided to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/33887fd4-82fe-47f2-901d-7377ee97b0df\/cbe-holds-interest-rates-steady-for-the-seventh-consecutive-meeting\" style=\"\" rel=\"noopener\">keep interest rates unchanged<\/a> when it held its first meeting of the year on Thursday. The move marks the seventh consecutive meeting where the committee declined to cut rates.<\/li>\n<li><strong>Trump walks back his plans for Gaza amid regional pushback:<\/strong> US president Donald Trump appeared to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/32f53120-a2b4-41e3-9d43-81f1b08ec845\/trump-takes-back-gaza-plan-as-arab-leaders-weigh-gaza%e2%80%99s-future-in-riyadh\" style=\"\" rel=\"noopener\">take back<\/a> his plan to displace Gaza\u2019s 2 mn citizens. \u201cI'll tell you, the way to do it is my plan. I think that's the plan that really works. But I'm not forcing it. I'm just going to sit back and recommend it.\u201d<\/li>\n<li><strong>Local gas production dipped to an eight-year low of 4.87 bn cubic feet per day <\/strong><strong>(bcf\/d) in 2024<\/strong>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1e9cfd17-2879-4258-9904-0ca345a98d2d\/egypt%e2%80%99s-gas-production-hits-eight-year-low-at-4.87-bcf\/d\" style=\"\" rel=\"noopener\">shedding 16%<\/a>, or nearly 1 bcf\/d, y-o-y. <\/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 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 take a look at manufacturers\u2019 priorities ahead of planned reforms to the government\u2019s customs regulations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER-<\/strong> We\u2019re back to chilly weather as temperatures cool in the capital tomorrow, with the mercury set to rise to 16\u00b0C in the morning and 7\u00b0C at night, according to our favorite weather app.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"661131 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"661131\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/661131\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661131\" class=\"content-area-description single-story post-661131 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/beltonemortgage.com\/en\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/56.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"661132\" 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=\"661132\">\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\/2025\/02\/23\/the-definition-of-premium-has-changed-and-its-far-off-the-price-tag\/\">\r\n                            The definition of premium has changed, and its far off the price tag                        <\/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 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<\/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\/2025\/02\/23\/the-definition-of-premium-has-changed-and-its-far-off-the-price-tag\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2142.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661133\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/the-definition-of-premium-has-changed-and-its-far-off-the-price-tag\/2142-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2142.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2142.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2142.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2142.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661132\" class=\"content-area-description single-story post-661132 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-enterprisepm tag-for-your-commute tag-porsche 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\/2025\/2\/.3da72e81-4a7e-4e9b-acc1-7e900f8c93e2.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>German auto manufacturers\u2019 luxury reputation in China is changing. <\/strong>Instead of obsessing over heritage and horsepower, Chinese consumers are now looking for high-tech, electric, and smart vehicles that don't break the bank \u2014 and local automakers are delivering fast, putting a dent in a market long dominated by high-end German manufacturers, <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/02\/17\/business\/porsche-china-germany.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Xiaomi SU7 is a case in point: <\/strong>An electric sedan that\u2019s got speed, breaking power, and most importantly, tech. AI-driven features like automated parking and personalized greetings are just the beginning. And here's the kicker: it costs half as much as its German doppelganger, the Porsche Taycan.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The proof is in the numbers:<\/strong> Xiaomi sold over 100k units in its first year, whereas Porsche\u2019s China sales nosedived 28% in 2024, dragging down global deliveries by 3%. That\u2019s all due to the company\u2019s choice to continue to cash in on its reputation rather than focus on innovation in a market that has shifted from valuing status symbols to smart tech and a plethora of features.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Prestige increasingly counts for less in the Chinese auto market.<\/strong> For decades, brands like Porsche have relied on their legacy to justify their price tags \u2014 but in today\u2019s market, innovation beats prestige, with Chinese carmakers upping the ante with new features that outstrip their European counterparts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The shift has revealed structural faultlines within Porsche\u2019s broader business model. <\/strong>Declining Chinese sales numbers have hit Porsche hard, particularly given that German manufacturers have been increasingly reliant on the Chinese market to make up for faltering demand elsewhere. The company is moving swiftly to staunch the bleeding, having already parted ways with key executives in China and pledging to cut 1.9k jobs in the coming years. Potential US tariffs on European exports could complicate things further, though, with the company among the only German luxury auto manufacturers that supplies the US market with solely German-made cars.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>For German carmakers, there\u2019s no more resting on their laurels: <\/strong>\u201cAs German carmakers, we have to be at least as much or more innovative as we are more expensive,\u201d Stefan Bratzel, director of Germany\u2019s Center for Automotive Management, told the NYT. \u201cAnd that has gradually been lost, because Chinese carmakers are now just as innovative, and some are even more innovative.\u201d<\/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>Hackers have stolen about USD 1.5 bn in crypto tokens from crypto exchange Bybit<\/strong>, marking the largest crypto heist to date, Bybit\u2019s CEO Ben Zhou told the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/5d0121b9-f2ee-4674-a841-11e6f1b713ce\" style=\"\" rel=\"noopener\">FT<\/a>. The move comes amid a wider resurgence in crypto interest that has been driven by the controversial embrace of the currencies by politicians like US president Donald Trump and Argentinian president Javier Milei.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How they did it:<\/strong> The hackers reportedly targeted Bybit\u2019s cold wallet \u2014 an offline storage method that is considered more secure than the alternative online or \u201chot\u201d wallet. Zhou confirmed that around 400k ethereum coins \u2014 the world\u2019s third most-traded crypto coin \u2014 were taken, with the company still investigating how the wallet \u2014 which requires multiple signers to process a coin transfer\u2014 was compromised. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As one would imagine, the incident triggered a rush of withdrawals from Bybit. <\/strong>To mitigate losses, the exchange secured a bridge loan from its partners and promised to reimburse users for any irrecoverable funds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This isn\u2019t the only security challenge the crypto industry has faced. <\/strong>In 2011, a hack of crypto exchange Mt. Gox hack saw USD 470 mn lost to hackers, while a breach of crypto exchange Binance in 2022 resulted in USD 570 mn in losses. Years of advancements in security measures seem not to have deterred attackers, with this most recent heist signaling that large-scale crypto theft remains an issue. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The timing was not in the industry\u2019s favor. <\/strong>Crypto has seen renewed interest since Trump\u2019s election, with many expecting a looser regulatory environment in the coming period. Still, the incident is likely to give pause to many who had been mulling cashing in on crypto, putting a pin in the industry\u2019s recent ebullience. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/porsche\/\">Porsche<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"661134 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"661134\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/661134\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661134\" class=\"content-area-description single-story post-661134 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/youtu.be\/lIRD3hxzdgY\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1332.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"661135\" 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=\"661135\">\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\">ON THE TUBE TONIGHT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/a-crime-thriller-twist-on-the-manhunt-for-lincolns-killer\/\">\r\n                            A crime-thriller twist on the manhunt for Lincoln\u2019s killer                        <\/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\/2025\/02\/23\/a-crime-thriller-twist-on-the-manhunt-for-lincolns-killer\/\" 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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Based on James L Swanson\u2019s <a target=\"_blank\" href=\"https:\/\/www.goodreads.com\/book\/show\/146274.Manhunt\" style=\"\" rel=\"noopener\">Manhunt: The 12-Day Chase for Lincoln\u2019s Killer<\/a>, the show is a mix of historical drama with detective thriller. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The premise: <\/strong>John Wilkes Booth (Anthony Boyle) and his gang weren\u2019t just aiming for Lincoln (Hamish Linklater) \u2014 they wanted to take out Vice President Andrew Johnson (Glenn Morshower) and Secretary of State William Henry Seward (Larry Pine), too. While Seward survived a knife attack and Johnson\u2019s would-be assassin chickened out, Booth did the unthinkable \u2014 shot Lincoln at Ford\u2019s Theater and escaped, setting off a nationwide manhunt. With the country in chaos and no clear leadership, Secretary of War Edwin Stanton (Tobias Menzies) takes charge, determined to bring Booth to justice and uncover any larger conspiracies that might reignite the war.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our verdict:<\/strong> The show jumps between past and present a lot, which can get confusing. But it does a great job showing how fragile the Union\u2019s victory was, and how significant resistance to Reconstruction really was. But at its core, it\u2019s all about the chase \u2014 old-school detective work, questionable allies, and a desperate race against time.<\/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 show on Apple TV+ or catch the trailer on YouTube (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=VFT-b8eKdSo\" style=\"\" rel=\"noopener\">runtime: 2:03<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"661137 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"661137\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/661137\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661137\" class=\"content-area-description single-story post-661137 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.palmhillsdevelopments.com\/en-us\/home\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/674.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"661138\" 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=\"661138\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/liverpool-vs-man-city-la-liga-drama-top-of-the-table-jockeying-in-the-egyptian-premier-league\/\">\r\n                            Liverpool vs. Man City + La Liga drama + top-of-the table jockeying in the Egyptian Premier League                        <\/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\/2025\/02\/23\/liverpool-vs-man-city-la-liga-drama-top-of-the-table-jockeying-in-the-egyptian-premier-league\/\" 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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Meanwhile, the Citizens \u2014 who sit in fourth with 44 points \u2014 are aiming to bounce back from a disappointing season by climbing the table and nailing down their Champions League spot. Before the big showdown, Newcastle faces Nottingham Forest at 4pm as part of the same gameweek.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over to the Spaniards:<\/strong> Real Madrid is kicking off against Girona in a matchweek 25 match at 5:15pm. Los Blancos, currently third with 51 points, will be pushing for a victory to close the gap with league leaders Barcelona, who sit on 54 points. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Now back to Om El Donia:<\/strong> Gameweek 15 of the Nile League is going to wrap up with two key matches, with ZED taking on Ghazl El Mahalla at 4pm and Pyramids set to go head-to-head with El Geish at 7pm. Pyramids currently sit atop the league on goal difference ahead of Al Ahly, with the team looking to take advantage after Ahly\u2019s 1-1 draw with Zamalek yesterday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other must-watch matches from Europe\u2019s top leagues:<\/strong><\/p>\n<ul>\n<li>Bayern Munich vs. Eintracht Frankfurt - Bundesliga (6:30pm)<\/li>\n<li>Lyon vs. Paris Saint-Germain - Ligue 1 (9:45pm)<\/li>\n<li>Cagliari vs. Juventus - Serie A (9:45pm)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/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=\"661140\" 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 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class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/dont-miss-tamer-ashour-at-zed-park\/\">\r\n                            Don\u2019t miss Tamer Ashour at ZED Park                        <\/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\/2025\/02\/23\/dont-miss-tamer-ashour-at-zed-park\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n      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data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2106.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2106.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661141\" class=\"content-area-description single-story post-661141 post type-post status-publish format-standard has-post-thumbnail hentry category-out-and-about tag-enterprisepm tag-out-and-about 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\/2025\/2\/.a3d24ed7-e9b5-4c03-b8ba-af2e036b42e0.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">MARK YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> ? <strong>Tamer Ashour on the ZED stage. <\/strong>Get ready to see Tamer Ashour <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DGTW_AvopNb\/\" style=\"\" rel=\"noopener\">on the big<\/a><a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DGTW_AvopNb\/\" style=\"\" rel=\"noopener\">stage<\/a> at ZED Park in Sheikh Zayed City on Friday, 25 April starting at 8pm. Tickets are available on <a target=\"_blank\" href=\"https:\/\/www.tazkarti.com\/#\/e\/1218\" style=\"\" rel=\"noopener\">Tazkarti<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(Tap or click the headline above to read this story with all of the links <\/strong>to external sources.)<\/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\">HAPPENING THIS WEEKEND- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DFI5Q8XszjA\/\" style=\"\" rel=\"noopener\">Animatex Festival<\/a><\/strong><strong> is back for its fifth edition. <\/strong>It\u2019s bringing a packed program including screenings of both short and feature animated films, discussions, panel talks, and workshops for animation enthusiasts \u2014 and those looking to network with local and international industry leaders. The festival will take place until Tuesday, 25 February. You can grab your tickets from <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/events\/6382\" style=\"\" rel=\"noopener\">Ticketsmarche<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Welcome in the holy month of Ramadan with the finest dates at the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/cairodatesfestival\/posts\/pfbid02XaYBV1ucnMinyy41y6dHSSEvC6NK6CCwJqHpHU489GtNET9oqEAUeHGjMPE2118Ll?locale=ar_AR\" style=\"\" rel=\"noopener\">Cairo<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/cairodatesfestival\/posts\/pfbid02XaYBV1ucnMinyy41y6dHSSEvC6NK6CCwJqHpHU489GtNET9oqEAUeHGjMPE2118Ll?locale=ar_AR\" style=\"\" rel=\"noopener\">International Date Festival<\/a><\/strong>, under the theme From Egypt to the World. The festival will take place till Tuesday, 25 February at Al Horreya Park in Zamalek. Admission to the festival is free, with entry requiring a park ticket that costs 20 EGP.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Attend a classic ballet opera. <\/strong><a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DFcMjqhtPPE\/\" style=\"\" rel=\"noopener\">Sleeping Beauty<\/a> will be showing at the Cairo Opera House at the end of the month. Tickets for shows on the <a target=\"_blank\" href=\"https:\/\/www.tazkarti.com\/#\/e\/1143\" style=\"\" rel=\"noopener\">24<\/a>, <a target=\"_blank\" href=\"https:\/\/www.tazkarti.com\/#\/e\/1144\" style=\"\" rel=\"noopener\">25<\/a>, <a target=\"_blank\" href=\"https:\/\/www.tazkarti.com\/#\/e\/1145\" style=\"\" rel=\"noopener\">26<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.tazkarti.com\/#\/e\/1146\" style=\"\" rel=\"noopener\">27<\/a> February are available on Tazkarti.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sports Expo 2025 is near: <\/strong>Head down to the Egypt International Exhibition Center to meet global athletes and stock up on all kinds of sporting equipment at this year\u2019s <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/sportsexpo.eg\/?hl=en\" style=\"\" rel=\"noopener\">Sports Expo 2025<\/a>. The government-hosted event will bring together private- and public-sector players in the fitness and health sectors and related industries and will be open from tomorrow, Monday, 24 February until Wednesday, 26 February. Get tickets from <a target=\"_blank\" href=\"https:\/\/tazkarti.com\/#\/e\/1128\" style=\"\" rel=\"noopener\">Tazkarti<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why play connect four when you can laugh at it.<\/strong> Don't miss the hilarious comedy game night <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DGBQQcztmk2\/\" style=\"\" rel=\"noopener\">Connect Four<\/a> on Tuesday, 25 February at Boom Room, featuring comedians Khaled El Shoky and Islam Amin, delivering non-stop laughs and interactive fun. Get your tickets from <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/event\/6474#row_ticket\" style=\"\" rel=\"noopener\">Ticketsmarche<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Loran Gang are back.<\/strong> For all Kefaya Ba2a fans, this is your chance to catch a special live episode with the legendary <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DGBYhEJtih3\/\" style=\"\" rel=\"noopener\">Loran Gang<\/a> on Thursday, 27 February at Theatro Arkan. Come for raw takes, big laughs, and an unforgettable night. Grab your tickets now on <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/event\/6472\" style=\"\" rel=\"noopener\">Ticketsmarche<\/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\">HAPPENING LATER-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Disney On Ice returns to Cairo with <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DF8scvHNb1Q\/\" style=\"\" rel=\"noopener\">Let\u2019s Celebrate<\/a><\/strong><strong>. <\/strong>Get ready for a magical experience as Disney On Ice makes its grand return to Cairo with the spectacular show Let\u2019s Celebrate, running from Wednesday, 21 May to Saturday, 31 May. Join Mickey Mouse, Moana, and some of the Disney princesses as they bring beloved stories to life in a performance featuring over 100 world-class skaters, stunning visual effects, and dazzling stage designs. The show will take place at the indoor hall of Cairo International Stadium in Nasr City. Tickets are already selling out, so get them while you can from <a target=\"_blank\" href=\"https:\/\/www.tazkarti.com\/#\/e\/1198\" style=\"\" rel=\"noopener\">Tazkarti<\/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\/out-and-about\/\">Out and About<\/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=\"661143\" 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=\"661143\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Ears to the Ground<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/your-guide-to-learning-new-skills\/\">\r\n                            Your guide to learning new skills                        <\/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\/2025\/02\/23\/your-guide-to-learning-new-skills\/\" 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\/2025\/02\/23\/your-guide-to-learning-new-skills\/')\">\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\/2025\/02\/23\/your-guide-to-learning-new-skills\/\">\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=Your guide to learning new skills&url=https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/your-guide-to-learning-new-skills\/\">\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\/2025\/02\/23\/your-guide-to-learning-new-skills\/&title=Your guide to learning new skills\">\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=Your+guide+to+learning+new+skills+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F02%2F23%2Fyour-guide-to-learning-new-skills%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\/2025\/02\/23\/your-guide-to-learning-new-skills\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2108.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661144\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/your-guide-to-learning-new-skills\/2108-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2108.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2108.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2108.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2108.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661143\" class=\"content-area-description single-story post-661143 post type-post status-publish format-standard has-post-thumbnail hentry category-ears-to-the-ground tag-ears-to-the-ground tag-enterprisepm 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\/2025\/2\/.1f364ff1-3802-4d4c-a02f-c491853f8b65.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> ? <strong>Your daily, hour-long lesson. <\/strong>Hosted by Majed bin Jaafr Al Ghamdi and produced by <a target=\"_blank\" href=\"https:\/\/micspod.com\/\" style=\"\" rel=\"noopener\">Mics<\/a> \u2014 best known for their podcast Kanabet Al Sabt \u2014 <a target=\"_blank\" href=\"https:\/\/micspod.com\/programs\/%d9%85%d9%87%d8%a7%d8%b1%d8%a7%d8%aa-%d8%a8%d9%88%d8%af%d9%83%d8%a7%d8%b3%d8%aa-%d9%85%d8%a7%d9%8a%d9%83%d8%b3-%d9%85%d8%a7%d8%ac%d8%af-%d8%a8%d9%86-%d8%ac%d8%b9%d9%81%d8%b1-%d8%a7%d9%84%d8%ba%d8%a7\/\" style=\"\" rel=\"noopener\">Maharat<\/a> focuses on helping you build the life skills we\u2019ve all thought about acquiring. From voice-over skills to money-making skills, the episodes cover interesting topics complete with guest appearances from experts and specialists.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(Tap or click the headline above to read this story with all of the links <\/strong>to external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jumping into psychology:<\/strong> In <a target=\"_blank\" href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/%D9%85%D9%87%D8%A7%D8%B1%D8%A7%D8%AA-%D9%86%D9%81%D8%B3%D9%8A%D8%A9\/id1441541756?i=1000640999189\" style=\"\" rel=\"noopener\">one of the episodes<\/a>, Al Ghamdi welcomes psychological consultant Abdullah Al Aqil to discuss modern mental health trends in the age of social media. In particular, the two hone in on the concept of FOMO, or the fear of missing out, and its direct opposite, JOMO, or the joy of missing out. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In this episode, Al Aqil provides an overview of these concepts along with the history of <\/strong><strong>their emergence<\/strong> <strong>and how they exist in a person's daily life <\/strong>\u2014 specifically among university students and adolescents. He also shares advice for nurturing mental health in the current fast-paced world, considering how much of a role one's surroundings can play in your psychological state. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The podcast is helpful and provides valuable advice for listeners to apply to their daily <\/strong><strong>lives. <\/strong>The choice of guests, preparation of the episodes, and the selection of topics are what make the podcast shine, so if you are a fan of self-development, this podcast is for you.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.0;orphans:2;widows:2;text-align:left\"><strong>WHERE TO LISTEN- <\/strong>You can listen to the podcast on <a target=\"_blank\" href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/%D9%85%D9%87%D8%A7%D8%B1%D8%A7%D8%AA\/id1441541756\" style=\"\" rel=\"noopener\">Apple Podcasts<\/a>, <a target=\"_blank\" href=\"https:\/\/play.anghami.com\/podcast\/6997052?lang=ar\" style=\"\" rel=\"noopener\">Anghami<\/a>, <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/playlist?list=PLdDw-NyVFhQOPEGjIb4xrNOh26W661fXT\" style=\"\" rel=\"noopener\">YouTube<\/a>, <a target=\"_blank\" href=\"https:\/\/music.amazon.com\/podcasts\/634cc121-fa17-4543-80a0-15f3faf281ef\/%D9%85%D9%87%D8%A7%D8%B1%D8%A7%D8%AA\" style=\"\" rel=\"noopener\">Amazon Music<\/a>, <a target=\"_blank\" href=\"https:\/\/podtail.com\/podcast\/--861\/\" style=\"\" rel=\"noopener\">Podtail<\/a>, <a target=\"_blank\" href=\"https:\/\/www.deezer.com\/ar\/show\/1015692\" style=\"\" rel=\"noopener\">Deezer<\/a>, and <a target=\"_blank\" href=\"https:\/\/open.spotify.com\/show\/20t8bTSr9VU7yVjQvjOGHm?si=qbTQjCYxTzG8jBaKePFMTg\" style=\"\" rel=\"noopener\">Spotify<\/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\/ears-to-the-ground\/\">ears to the ground<\/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=\"661145\" 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=\"661145\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/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\/2025\/02\/23\/what-the-markets-are-doing-on-23-february-2025\/\">\r\n                            What the markets are doing on 23 February 2025                        <\/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\/2025\/02\/23\/what-the-markets-are-doing-on-23-february-2025\/\" 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\/2025\/02\/23\/what-the-markets-are-doing-on-23-february-2025\/')\">\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\/2025\/02\/23\/what-the-markets-are-doing-on-23-february-2025\/\">\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 23 February 2025&url=https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/what-the-markets-are-doing-on-23-february-2025\/\">\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\/2025\/02\/23\/what-the-markets-are-doing-on-23-february-2025\/&title=What the markets are doing on 23 February 2025\">\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+23+February+2025+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F02%2F23%2Fwhat-the-markets-are-doing-on-23-february-2025%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\/2025\/02\/23\/what-the-markets-are-doing-on-23-february-2025\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661145\" class=\"content-area-description single-story post-661145 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\/2025\/2\/.1269bb04-fd2a-4e27-bec6-aa25956bc0cf.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX30 rose 0.3% at today\u2019s close<\/strong> on turnover of EGP 3.4 bn (6.9% below the 90-day average). Local investors were the sole net buyers. The index is up 4.3% 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> Juhayna (+5.9%), GB Corp (+4.0%), and EgyptAlum (+3.4%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red:<\/strong> Egypt Kuwait Holding (-2.6%), Palm Hills Development (-1.7%), and Oriental Weavers (-1.2%).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/go-with-the-flow\/\">Go with the Flow<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<div class=\"alignfull inside-industry vertical-section wide-section wp-block-group issue-section\" id=\"661146\">\r\n    <div class=\"issue-section__content\">\r\n        <div class=\"alignwide wp-block-columns\">\r\n            <div class=\"wp-block-column sidebar-vertical-info\" style=\"flex-basis:22.8%\">\r\n                <figure class=\"wp-block-image size-full\">\r\n                                            <img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27470.svg\" style=\"width:80%\" alt=\"\" >\r\n                                    <\/figure>\r\n                <p>\r\n                    Our weekly look at the issues, trends, and policies that are shaping Egypt's manufacturing industries.                <\/p>\r\n                <p class=\"has-text-color has-link-color\">\r\n                    Published every Sunday in EnterprisePM.                <\/p>\r\n                <div class=\"wp-block-buttons mt-0\">\r\n                    <div class=\"wp-block-button\">\r\n                        <a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/enterpriseam.com\/egypt\/inside-industry\/\">\r\n                            Read Inside Industry                            \r\n                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\r\n                    <div class=\"issue-story-header text-center\">\r\n                        <div class=\"index-number\">8<\/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\/will-egypts-new-customs-reforms-deliver-for-manufacturers\/\">  \r\n                            Will Egypt\u2019s new customs reforms deliver for manufacturers?<\/a>\r\n                        <\/h3>\r\n\r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/will-egypts-new-customs-reforms-deliver-for-manufacturers\/\" 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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The initiative is particularly focused on simplifying customs procedures, supporting local manufacturing, and removing bottlenecks in import processes. However, a key question remains \u2014 will these measures meet the expectations of manufacturers seeking lower production costs and an export boost from the devalued EGP?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The project is a work in progress:<\/strong> Authorities are currently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/916ac591-36bb-4c38-973d-41feb5b784cf\/gov%25e2%2580%2599t-is-working-to-finalize-a-raft-of-additional-customs-facilities\" style=\"\" rel=\"noopener\">working to ease the criteria<\/a> required to join the authorized economic operator (AEO) program, which helps streamline trade for businesses operating in Egypt. Additionally, a number of proposed reforms will soon be opened for public debate, engaging stakeholders such as the Federation of Egyptian Industries (FEI), chambers of commerce, business groups, freight forwarders, and shipping companies, according to government sources. Some legislative amendments may be required to implement the changes, with officials expecting the new framework to take effect in 2H 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The gov\u2019t is seeking manufacturers\u2019 input: <\/strong>Industrial chamber members recently met with Finance Ministry officials to discuss the upcoming reforms and the pressing concerns of manufacturers, Mohamed El Bahey, FEI\u2019s customs and tax committee head, told EnterpriseAM. Through these ongoing discussions, the government aims to collect input from industrial players to identify regulatory roadblocks and industry priorities. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A balanced approach is needed: <\/strong>The state needs to balance between strong tax revenues while allowing businesses to import goods more efficiently, El Bahey noted, stressing that coordination among regulatory bodies \u2014 including industry, trade, and customs authorities \u2014 would be crucial to eliminating bureaucratic delays that hold up shipments at ports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>One of the main concerns raised by industry leaders is the lack of a unified white list for <\/strong><strong>importers<\/strong>, with El Bahey advocating for a standardized system across all government agencies. He also questioned how it would be possible to amend white list criteria for the <a target=\"_blank\" href=\"https:\/\/www.goeic.gov.eg\/en\" style=\"\" rel=\"noopener\">General Organization for Export and Import Control<\/a> (GOEIC) without also revising the Finance Ministry\u2019s criteria, arguing that a cohesive set of white list regulations would ease trade operations significantly.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Industry leaders call for overhaul of customs penalties: <\/strong>Egypt\u2019s customs framework has long suffered from inconsistent policies, fragmented oversight, and varying tax assessments across different ports, Mohamed Al Argawy, chairperson of the Customs Committee of the Importers Division at the Federation of Chambers of Commerce (FEDCOC), told us. He said that the government should implement a full-scale customs overhaul to reduce costs and streamline imports for manufacturers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>El Argawy highlighted the abolition of jail terms for customs violations as a key demand <\/strong><strong>from the business community<\/strong>, alongside cutting excessive fines and simplifying clearance processes. He proposed forming a permanent government committee composed of finance and investment officials to standardize customs clearance procedures and enhance regulatory efficiency.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Simplifying procedures and reducing bureaucracy<\/strong>: El Bahey has also pushed for a reduction in post-clearance audits, arguing that requiring companies to retain shipping invoices for five years is impractical, particularly when goods have long been distributed. He called for greater digital integration between customs and regulatory bodies to turn ports into seamless trade gateways rather than bureaucratic bottlenecks. Industry has also urged expanding the use of visual inspections for customs clearance, which could significantly cut processing times and reduce port congestion.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lower tariffs on industrial inputs could boost competitiveness: <\/strong>Lowering tariffs on raw materials and industrial components would enhance Egypt\u2019s global competitiveness by maximizing the benefits of existing trade agreements such as COMESA, the EU-Egypt partnership, and Agadir, Ali Tawfik, founder and chairperson of the Egyptian Auto Feeders Association (EAFA), said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fixing flaws in the tariff structure: <\/strong>El Bahey pointed out that some imported goods are cheaper than locally produced alternatives \u2014 due to large-scale manufacturing advantages in their home countries \u2014 posing a challenge for domestic manufacturers. He noted that the government has been responsive to industry concerns and is working toward fairer trade policies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tawfik also proposed to enter bilateral agreements to gradually eliminate import duties over a 10-year period<\/strong>, following the EU\u2019s freetrade model. This, he argued, would challenge local industry and could eventually make Egyptian products more competitive internationally.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A one-stop-shop for customs approvals: <\/strong>To reduce clearance delays, industry leaders are calling for a single-window system for customs approvals that would eliminate redundant inspections across different regulatory agencies. El Bahey also called for lifting restrictions on reselling surplus imported goods, arguing that manufacturers should be free to sell excess inventory in both free zones and the local market.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Issues with the Nafeza system: <\/strong>While the new customs package does not currently include changes to the Nafeza system for imports, El Bahey called for amendments to pre-registration rules, which currently force businesses to re-export goods if a supplier misregisters them before shipment. This issue, he said, has resulted in costly delays for importers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Inspection processes could use streamlining: <\/strong>Granting immediate clearance for industrial inputs upon arrival would help increase production and supply chain efficiency, head of the FEI's maritime transport division, Ibrahim El Dessouky said. He suggested that site inspections could be conducted post-clearance instead of requiring manufacturers to store goods at ports for weeks, which adds significant costs to production.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Changes to customs regulations could have a big economic payoff: <\/strong>Tawfik projected that reducing customs clearance times and associated costs could potentially increase Egypt\u2019s GDP growth to at least 7% if customs inefficiencies are fully eliminated. Moreover, Amr El Samdouni, secretary-general of the International Transportation and Logistics Services Division at the Cairo Chamber of Commerce, described the customs reforms as a major step toward improving supply chain efficiency. He stressed that cutting logistics costs and clearance fees would allow manufacturers to receive raw materials faster, ultimately boosting industrial output.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>El Samdouni urged the government to accelerate the rollout of the reforms<\/strong>, suggesting that reducing clearance times to 3-4 days for standard shipments and just 4 hours for air freight would align Egypt with global best practices.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The shipping agencies have also proposed a series of industry-driven improvements<\/strong>, including increasing allowable weights for bulk goods, streamlining required documentation, introducing more flexible submission deadlines, and expanding options for tax settlements, according to a memorandum viewed by EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Reevaluating tax incentives for capital goods:<\/strong> Manufacturers are also pushing for revisions to VAT exemptions on capital goods, arguing that uncertainty over tax liabilities has forced many to delay expansion plans. Industry representatives are also advocating for stricter oversight of import tariffs and the abolition of penalties on production waste.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A fully digital customs system is the next step:<\/strong> To modernize trade logistics, industry leaders emphasized the importance of real-time digital integration between customs and other regulatory agencies.<\/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>Packaging firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.packtech.com.eg\/\" style=\"\" rel=\"noopener\">PackTech<\/a><\/strong><strong> is investing USD 60 mn to build two new <\/strong><strong>factories in Iraq.<\/strong> The construction of both facilities is set to kick off this year, with operations expected to start in 2026. The project will be executed in partnership with an undisclosed Iraqi investor, with both parties holding equal stakes. (<a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/02\/16\/1869371\" style=\"\" rel=\"noopener\">Al Borsa<\/a>)<\/li>\n<li><strong>Chinese electronics and household appliance manufacturer <\/strong><strong>Hisense<\/strong><strong> and UAE\u2019s <\/strong><strong>FBB Tech <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9b5b1adf-befd-48d4-a5f1-37d64c46ebb7\/%253cmark%253ehisense%253c%2Fmark%253e,-fbb-break-ground-on-usd-38-mn-factory\" style=\"\" rel=\"noopener\">began construction<\/a><\/strong> of their USD 38 mn new electronic devices manufacturing facility in the China-Egypt Teda trade zone in Ain Sokhna. <\/li>\n<li><strong>DiDi is <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e5c36c9c-1814-4041-ad09-c4073aa9f7c4\/gov%25e2%2580%2599t-to-hand-slaughterhouses-to-private-players\" style=\"\" rel=\"noopener\">mulling<\/a><\/strong><strong> taking part in the establishment of an EV manufacturing plant in <\/strong><strong>Egypt <\/strong>in partnership with other companies and government entities. The move would facilitate the addition of EVs to the company\u2019s local fleet. <\/li>\n<li><strong>The New Urban Communities Authority announced a three-month exemption for <\/strong><strong>industrial facilities from paying outstanding financial dues.<\/strong> To benefit from the exemption, industrial investors must submit a formal request outlining the status of their project\u2019s execution and provide the necessary commitments to settle their financial obligations. (<a target=\"_blank\" href=\"https:\/\/almalnews.com\/%d8%a7%d9%84%d9%85%d8%ac%d8%aa%d9%85%d8%b9%d8%a7%d8%aa-%d8%a7%d9%84%d8%b9%d9%85%d8%b1%d8%a7%d9%86%d9%8a%d8%a9-%d8%aa%d8%b9%d9%81%d9%8a-%d9%85%d8%b5%d8%a7%d9%86%d8%b9-%d8%a7%d9%84%d9%85\/\" style=\"\" rel=\"noopener\">Al Mal<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inside-industry\/\">INSIDE INDUSTRY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column\" style=\"flex-basis:19.8%\"><\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<section id=\"661148\" 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\/2025\/02\/23\/661148\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661148\" class=\"content-area-description single-story post-661148 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\">FEBRUARY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-25 February (Thursday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DFI5Q8XszjA\/\" style=\"\">Animatex Festival<\/a><\/span><span style=\"font-weight:400;\"> at AUC Tahrir.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-25 February (Thursday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/cairodatesfestival\/posts\/pfbid02XaYBV1ucnMinyy41y6dHSSEvC6NK6CCwJqHpHU489GtNET9oqEAUeHGjMPE2118Ll?locale=ar_AR\" style=\"\">Cairo International Date Festival<\/a><\/span><span style=\"font-weight:400;\"> at Al-Horreya Park.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23 February (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/6339\" style=\"\">Umm Kulthoum Tribute Concert<\/a><\/span><span style=\"font-weight:400;\"> at The Grand Egyptian Museum.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 February (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/sportsexpo.eg\/?hl=en\" style=\"\">Sports Expo 2025<\/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>25 February (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/auc-connect.aucegypt.edu\/publicev\/rsvp_boot?id=300111894\" style=\"\">UIPM Modern Pentathlon World Cup 2025<\/a><\/span><span style=\"font-weight:400;\"> at AUC Sports Complex. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24 February (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DFfZa7IMXSU\/\" style=\"\">Umm Kulthoum Tribute Concert<\/a><\/span><span style=\"font-weight:400;\"> at  The Grand Egyptian Museum.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-27 February (Monday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DFcMjqhtPPE\/\" style=\"\">Sleeping Beauty<\/a><\/span><span style=\"font-weight:400;\"> at the Cairo Opera House.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 February (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DGBQQcztmk2\/\" style=\"\">Connect Four<\/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>27 February (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DGBYhEJtih3\/?hl=en\" style=\"\">Loran Gang<\/a><\/span><span style=\"font-weight:400;\"> at Theatro Arkan.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27 February (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DGQRnIBob6T\/\" style=\"\">Music and storytelling with Hany Adel<\/a><\/span><span style=\"font-weight:400;\"> at Boom Room, Open Air Mall Madinaty.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27 February (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DGQrwzHtSsq\/\" style=\"\">100% Interactive Comedy Show with Ali Quandil<\/a><\/span><span> at Townhall - Kamelizer in District Five. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 April (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DFQLkVACB0u\/\" style=\"\">Annual Flower Exhibition<\/a><\/span><span style=\"font-weight:400;\"> at the Agricultural Museum. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 April (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DGTW_AvopNb\/\" style=\"\">Tamer Ashour concert<\/a><\/span><span style=\"font-weight:400;\"> at ZED Park, Sheikh Zayed. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-31 May (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DF8scvHNb1Q\/\" style=\"\">Disney On Ice<\/a><\/span><span style=\"font-weight:400;\"> at Cairo International Stadium<\/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>16-24 October (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DFFYcHPqSFN\/?igsh=MXN2NGo4djU1Z2V0OQ%3D%3D\" style=\"\">Gouna Film Festival<\/a><\/span><span>.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 October - 22 November (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DFKf8KKCUJo\/\" style=\"\">Forever is Now<\/a><\/span><span style=\"font-weight:400;\"> at the Great Pyramids of Giza.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":661128,"template":"","categories":[],"tags":[],"class_list":["post-661127","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0d27f44b-db2a-40b1-84f8-f2b97f9925dd","teaser":"","photo_url":"https:\/\/ent.news\/2025\/2\/2152.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>Resting on laurels - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/resting-on-laurels\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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