{"id":669451,"date":"2025-08-03T00:00:00","date_gmt":"2025-08-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=669451"},"modified":"2025-12-18T07:01:20","modified_gmt":"2025-12-18T07:01:20","slug":"redundant","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/redundant\/","title":{"rendered":"Redundant"},"content":{"rendered":"<section id=\"669453\" 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=\"669453\">\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\/08\/03\/govt-refutes-increasing-gas-prices-for-industry\/\">\r\n                            Gov\u2019t refutes increasing gas prices for industry                        <\/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\/08\/03\/govt-refutes-increasing-gas-prices-for-industry\/\" 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\/08\/03\/govt-refutes-increasing-gas-prices-for-industry\/')\">\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\/08\/03\/govt-refutes-increasing-gas-prices-for-industry\/\">\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=Gov\u2019t refutes increasing gas prices for industry&url=https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/govt-refutes-increasing-gas-prices-for-industry\/\">\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\/08\/03\/govt-refutes-increasing-gas-prices-for-industry\/&title=Gov\u2019t refutes increasing gas prices for industry\">\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=Gov%E2%80%99t+refutes+increasing+gas+prices+for+industry+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F08%2F03%2Fgovt-refutes-increasing-gas-prices-for-industry%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\/08\/03\/govt-refutes-increasing-gas-prices-for-industry\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/171.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"669454\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/govt-refutes-increasing-gas-prices-for-industry\/171-jpg-36\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/171.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"171.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/171.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/171.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669453\" class=\"content-area-description single-story post-669453 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-enterprisepm tag-manufacturing tag-oil-and-gas 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\/8\/.37cbd27f-5c4d-4390-a7d1-9f4180f4885c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends<\/strong>. We hope you had a nice, calm weekend and enjoyed the cooler weather we got for a change. The news cycle seems to be taking a breather, and we\u2019re taking a page out of its book. <\/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>The government did not increase gas prices for industry at the start of the month<\/strong>, a government source told EnterpriseAM in response to unconfirmed reports over the weekend that sparked concern in the manufacturing sector. Factories haven\u2019t received any official notifications regarding any increase, Chamber of Building Materials Industries head Ahmed Abdel Hamid confirmed to EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The question isn\u2019t if gas prices will rise, the question is when. <\/strong>With the country increasingly relying on expensive LNG imports to help fill the gap between local demand and supply, the country\u2019s energy import bill is cranking up \u2014 and someone\u2019s got to foot the bill. It\u2019s only a matter of time before the government tries to get the private sector to share more of this financial burden; however, the government is yet to make a decision on the matter and is closely watching disinflation progress, our export push, and the strengthening of the EGP against the USD before making any move, our government source told us.<\/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>OPEC+ members have reached a preliminary agreement to boost oil output<\/strong> by 548k barrels per day in September amid fears of supply disruptions from Russia. Member countries \u2014 including Saudi Arabia \u2014 are set to reach a final agreement today, with no more production cuts planned. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The group has been cutting back on production for several years<\/strong>, reversing course earlier this year to regain market share. Output increases began in April at 138k bpd \u2014 causing oil prices to drop to a four-year low. The increases continued, rising to 411k bpd in May, June, and July, and are set to remain at 548k bpd in August. If production levels continue through September, the group will have effectively reversed its 2.2 mn bpd production cut made in 2023. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-02\/opec-agrees-in-principle-to-548k-b-d-hike-in-sept-delegate\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-agrees-principle-another-large-oil-output-hike-sources-say-2025-08-03\/#:~:text=LONDON%2C%20Aug%203%20(Reuters),further%20supply%20disruptions%20from%20Russia.\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\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\u2019re taking a look at the Industry Ministry\u2019s EGP 30 bn financing initiative \u2014 and why it hasn\u2019t been put into effect just yet. <\/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 looking at a relatively mild day in Cairo tomorrow, with temperatures set to peak at 35\u00b0C before cooling down to 24\u00b0C. Still up north? Expect a high of just 29\u00b0C and a low of 27\u00b0C, according to our favorite weather app. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/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=\"669455 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=\"669455\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/669455\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669455\" class=\"content-area-description single-story post-669455 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.beltoneholding.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/382.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=\"669456\" 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=\"669456\">\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\/08\/03\/hiring-loses-momentum-in-us-job-market\/\">\r\n                            Hiring loses momentum in US job market                        <\/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\/08\/03\/hiring-loses-momentum-in-us-job-market\/\" 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\/08\/03\/hiring-loses-momentum-in-us-job-market\/')\">\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\/08\/03\/hiring-loses-momentum-in-us-job-market\/\">\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=Hiring loses momentum in US job market&url=https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/hiring-loses-momentum-in-us-job-market\/\">\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\/08\/03\/hiring-loses-momentum-in-us-job-market\/&title=Hiring loses momentum in US job market\">\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=Hiring+loses+momentum+in+US+job+market+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F08%2F03%2Fhiring-loses-momentum-in-us-job-market%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\/08\/03\/hiring-loses-momentum-in-us-job-market\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/33.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"669457\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/hiring-loses-momentum-in-us-job-market\/33-jpg-24\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/33.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"33.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/33.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/33.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669456\" class=\"content-area-description single-story post-669456 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-ai tag-business tag-employment tag-enterprisepm tag-for-your-commute 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\/8\/.347ad234-f38d-4740-9ad0-c62b72e273d2.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> ?<strong>The US job market is bearing the brunt of President Donald Trump\u2019s trade policies <\/strong><strong>\u2014 and possibly AI.<\/strong> July\u2019s jobs report indicates a recession, with key indicators including slowing hiring rates and rising unemployment among college graduates, according to <a target=\"_blank\" href=\"https:\/\/fortune.com\/2025\/08\/02\/jobs-report-recession-warning-labor-demand-economic-outlook-ai-unemployment\/\" style=\"\" rel=\"noopener\">Fortune<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Job growth falls short of forecasts:<\/strong> Predictions of 100k new jobs were blindsided by the reality of only 73k new jobs across the US in July. The decline follows May and June\u2019s drastic cuts in job growth estimates, reaching a staggering combined drop of 258k jobs. <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2025\/08\/01\/economy\/us-jobs-report-july\" style=\"\" rel=\"noopener\">CNN<\/a> reports that these job gains are the weakest since December 2020, and this year\u2019s job creation pace is so far the worst in decades.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Employers\u2019 concerns over hiring are justified.<\/strong> Uncertainty in Trump\u2019s trade policies and tariff rates is the reason why hiring is a risky undertaking at the moment. While immigration policies have not led to lay-offs, they could have played a role in decreasing demand for labor, especially for jobs dependent on migrant workers. Healthcare and social assistance were the main sectors contributing to job gains in July, whereas federal employment slumped with a loss of 12k jobs, according to the <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/2025\/aug\/01\/jobs-report-july-trump-tariffs-trade-war\" style=\"\" rel=\"noopener\">Gu<\/a><a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/2025\/aug\/01\/jobs-report-july-trump-tariffs-trade-war\" style=\"\" rel=\"noopener\">ardian<\/a>. To make matters worse, JPMorgan warns that \u201ca slide in labor demand of this magnitude is a recession warning signal.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fresh college graduates are among the hardest hit by unemployment.<\/strong> Major decisions like hiring are being put on the back burner. Consequently, entry-level jobs are being increasingly replaced with AI, holding back careers for fresh graduates. Economist Brad DeLong, however, <a target=\"_blank\" href=\"https:\/\/braddelong.substack.com\/p\/policy-uncertainty-not-ai-automation\" style=\"\" rel=\"noopener\">believes<\/a> that AI is not the main culprit for youth unemployment. Resorting to AI for risk aversion seems to be a reactive adjustment to the bigger economic setbacks at play. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fake news? Trump certainly thinks so. <\/strong>Just hours after the report was released, the US president fired Bureau of Labor Statistics commissioner Erika McEntarfer, who he accused of \u201cfaking\u201d the numbers. \u201cToday\u2019s jobs numbers were rigged in order to make the Republicans, and me, look bad,\u201d Trump said on <a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114955222046259464\" style=\"\" rel=\"noopener\">Truth Social<\/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\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/business\/\">business<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/employment\/\">employment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"669458 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=\"669458\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/669458\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669458\" class=\"content-area-description single-story post-669458 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\/egypt\/private\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1134.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=\"669459\" 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=\"669459\">\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\/08\/03\/a-real-pain-is-exactly-that\/\">\r\n                            A Real Pain is exactly that                        <\/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\/08\/03\/a-real-pain-is-exactly-that\/\" 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\/08\/03\/a-real-pain-is-exactly-that\/')\">\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\/08\/03\/a-real-pain-is-exactly-that\/\">\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=A Real Pain is exactly that&url=https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/a-real-pain-is-exactly-that\/\">\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\/08\/03\/a-real-pain-is-exactly-that\/&title=A Real Pain is exactly that\">\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=A+Real+Pain+is+exactly+that+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F08%2F03%2Fa-real-pain-is-exactly-that%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\/08\/03\/a-real-pain-is-exactly-that\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/27.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"669460\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/a-real-pain-is-exactly-that\/27-jpg-37\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/27.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"27.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/27.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/27.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669459\" class=\"content-area-description single-story post-669459 post type-post status-publish format-standard has-post-thumbnail hentry category-on-the-tube-tonight tag-enterprise-recommends tag-enterprisepm tag-on-the-tube-tonight tag-worth-watching 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\/8\/.d71414e2-dbd0-42da-854c-b5d88734f92e.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> ?<strong>A tale of two cousins<\/strong>: <a target=\"_blank\" href=\"https:\/\/www.imdb.com\/title\/tt21823606\/\" style=\"\" rel=\"noopener\">A Real Pain<\/a> recently hit the screens with an exploration of grief, family, cultural identity and the repercussions of history. The film marks Jesse Eisenberg\u2019s sophomore directing role in a movie in which he also plays one of the two main roles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The dynamic between two cousins is at the heart of the story: <\/strong>While David (Jesse Eisenberg) embodies a serious, tightly-wound persona \u2014 a character who is successful in his personal and professional life but emotionally repressed \u2014 Benji (Kieran Culkin) plays the aimless and unfiltered cousin in touch with his emotional self. The love-hate dynamic between the two is at the center of the movie.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The movie begins with the cousins learning of their grandmother\u2019s passing <\/strong>\u2014 which pushes them to plan a trip to visit her homeland of Poland, where Jewish people have endured years of persecution. Our main characters are grieving the loss of a loved one, yet this emotion is mounted by unresolved generational trauma that is soon awakened. While Benji seems to be more impacted than David, we\u2019re left to explore the different ways in which each character deals with this awakened pain. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A story of identity and self-exploration: <\/strong>Throughout the trip, each cousin explores himself through the interlinkage between their past and present. Their relationship \u2014 which they discover has largely changed since they were little kids \u2014 is dominated by feelings of anger and jealousy, which they work through allowing them to heal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The movie is a raw and honest portrayal of grief and pain<\/strong>, and the many ways in which they can be experienced. However, the constant shift between witty humour and moments of deep sorrow at times felt a little poorly executed, leaving us confused. A Real Pain is a touching, relevant portrayal of what it means to carry the weight of past, present, and future generations.<\/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 stream A Real Pain on <a target=\"_blank\" href=\"https:\/\/www.apps.disneyplus.com\/eg\/movies\/a-real-pain\/1271381734\" style=\"\" rel=\"noopener\">Disney Plus<\/a>. You can also watch the trailer on <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=nYPJIOF0ys4\" style=\"\" rel=\"noopener\">YouTube<\/a> (runtime: 1:02).<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/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=\"669461\" 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=\"669461\">\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\/08\/03\/napoli-manchester-united-barcelona-more-friendlies-on-our-radar\/\">\r\n                            Napoli, Manchester United, Barcelona: More friendlies on our radar                        <\/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\/08\/03\/napoli-manchester-united-barcelona-more-friendlies-on-our-radar\/\" 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\/08\/03\/napoli-manchester-united-barcelona-more-friendlies-on-our-radar\/')\">\n     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    <\/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\/08\/03\/napoli-manchester-united-barcelona-more-friendlies-on-our-radar\/&title=Napoli, Manchester United, Barcelona: More friendlies on our radar\">\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=Napoli%2C+Manchester+United%2C+Barcelona%3A+More+friendlies+on+our+radar+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F08%2F03%2Fnapoli-manchester-united-barcelona-more-friendlies-on-our-radar%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\/08\/03\/napoli-manchester-united-barcelona-more-friendlies-on-our-radar\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669461\" class=\"content-area-description single-story post-669461 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterprisepm tag-football tag-sports 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\/8\/.d5c6af78-12ca-4be9-b5d4-ba1dc3bbb914.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> \u26bd <strong>Another day, another set of friendlies on our radar<\/strong> as we await the start of the Egyptian Premier League next week, and most major European leagues the week after. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tonight\u2019s matches:<\/strong><\/p>\n<ul>\n<li>Napoli vs. Brest (8pm).<\/li>\n<li>Bournemouth vs. West Ham (9pm).<\/li>\n<li>Porto vs. Atl\u00e9tico Madrid (9pm).<\/li>\n<li>Girona vs. Wolverhampton (9pm).<\/li>\n<\/ul>\n<ul>\n<li>Manchester United vs. Everton (Midnight)<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tomorrow\u2019s matches:<\/strong><\/p>\n<ul>\n<li>Daegu vs. Barcelona (2pm). <\/li>\n<\/ul>\n\t<\/div><!-- 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rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27486.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-t6wk3f3\" data-v=\"4\" data-block-id=\"t6wk3f3\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-t6wk3f3-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-t6wk3f3-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240928.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240936.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/cira.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27480.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Shaping the future of education in Egypt<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" 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role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"669463\" 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=\"669463\">\r\n            \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\">OUT AND ABOUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/join-tamer-hosny-at-kikis-this-weekend\/\">\r\n                            Join Tamer Hosny at Kiki\u2019s this weekend                        <\/a>\r\n                    <\/h3>\r\n\r\n                    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class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/join-tamer-hosny-at-kikis-this-weekend\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/21.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"669464\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/join-tamer-hosny-at-kikis-this-weekend\/21-jpg-28\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/21.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"21.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/21.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/21.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669463\" class=\"content-area-description single-story post-669463 post type-post status-publish format-standard has-post-thumbnail hentry category-out-and-about tag-enterprisepm tag-events tag-lifestyle tag-music tag-out-and-about tag-worth-trying 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\/8\/.9d58083a-b267-4771-9eba-06fc04287295.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\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 Hosny is heading to Kiki\u2019s<\/strong>. On Friday, 8 August, the Egyptian megastar will be performing his signature hits up north at <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DMsoYb3oyA6\/?hl=en&img_index=1\" style=\"\" rel=\"noopener\">Kiki\u2019s Hacienda White<\/a>, joined by local selector George Gehad. Tickets can be purchased through Kiki\u2019s <a target=\"_blank\" href=\"https:\/\/kikisexperience.com\/event\/131\/FRI+8.08+%25257C+TAMER+HOSNY+%25257C+KIKI%252527S+WHITE?fbclid=PAQ0xDSwL3KKFleHRuA2FlbQIxMQABpy4MMKsyMRWKtHStnXLJPKTdvPALtG7Sym4hV10OUW7-k7VhJDizoV0RmzfE_aem_HLSpEX-cUEPjDYHwK062YQ\" style=\"\" rel=\"noopener\">website<\/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 THIS WEEK-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sometimes what you really need is just a few minutes of singing Kelly Clarkson\u2019s <\/strong><strong>\u201cStronger\u201d to a room full of strangers<\/strong>. Tomorrow, you can do just that at CJC 610\u2019s <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DMnqy4lNPlK\/?hl=en\" style=\"\" rel=\"noopener\">karaoke night<\/a>. You can book your tickets through CJC\u2019s <a target=\"_blank\" href=\"https:\/\/www.cairojazzclub.com\/events\/view-event\/4728\/Karaoke-Night\" style=\"\" rel=\"noopener\">website<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Need a dash of folklore in your life?<\/strong> Reconnect with your Egyptian roots at Madinaty\u2019s Boom Room on Tuesday, 5 August, as the all-Egyptian, all-women band <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DMauTufopiN\/?hl=en\" style=\"\" rel=\"noopener\">Tablet el Sitt<\/a> take the stage. Tickets are available through <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/event\/7048\" style=\"\" rel=\"noopener\">Ticketsmarch\u00e9<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DJ and producer Peggy Gou hits the Sahel sands once again.<\/strong> The South Korean DJ brings her signature blend of house, techno and Korean fusions to the North Coast for an unforgettable <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DL8Gm2Vs_Tl\/?hl=en\" style=\"\" rel=\"noopener\">night<\/a> under the stars at D-Bay on Thursday, 7 August. You can grab your tickets through <a target=\"_blank\" href=\"https:\/\/venflare.com\/events\/a0e66a33-878f-4554-9064-78902c104b67\" style=\"\" rel=\"noopener\">Ticket Egypt<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sahel fun is still going strong at Porto Golf Alamein City<\/strong> with powerhouse performances from <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DMVgq0zsujk\/\" style=\"\" rel=\"noopener\">Hamid El-Shaeri<\/a>, <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DMVfZBvsjU1\/\" style=\"\" rel=\"noopener\">Masar Egbari<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DMa_Jg1MGRo\/\" style=\"\" rel=\"noopener\">Sharmoofers<\/a> on Friday, 8 August. Still got some fuel in your tank? Make sure to get your tickets at <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/event\/7057\" style=\"\" rel=\"noopener\">Ticketsmarch\u00e9<\/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>Marwan Pablo and Lege-cy are bringing a rap night to New Alamein on<\/strong><strong> Friday, 15 August. <\/strong>The two artists will perform at U Arena as part of the <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DLwrxcQNRZL\/?hl=en\" style=\"\" rel=\"noopener\">New Alamein Festival<\/a>. Tickets can be purchased through <a target=\"_blank\" href=\"https:\/\/tazkarti.com\/#\/e\/1412\" 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>Solomun is ending the Sahel season with one heck of a bang. <\/strong>On Friday, 29 August, the Bosnian-German <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/solomun\/?hl=en\" style=\"\" rel=\"noopener\">DJ<\/a> will be headlining the season\u2019s closing party at <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DJZGoNwMGUX\/?hl=en\" style=\"\" rel=\"noopener\">D-Bay<\/a>. A global deep house and techno icon, Solomun is going to make sure Sahel 2025 will be a tough act to follow. You can get your tickets from <a target=\"_blank\" href=\"https:\/\/ticketegypt.venflare.com\/events\/6e7e8a2e-6496-422b-b186-98e321805188\" style=\"\" rel=\"noopener\">Ticket Egypt<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the mood to party by the Pyramids? <\/strong>On Friday, 19 December, world-famous Dutch DJ and Producer <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/tiesto\/?hl=en\" style=\"\" rel=\"noopener\">Tie\u0308sto<\/a> is coming back to Egypt for a solo <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DK2F9potqY0\/\" style=\"\" rel=\"noopener\">show<\/a> at the Giza Plateau. Once voted \u201cthe greatest DJ of all time,\u201d Tie\u0308sto will surely make this upcoming show one to remember. Tickets are available on <a target=\"_blank\" href=\"https:\/\/ticketegypt.venflare.com\/events\/6cd3a219-2617-494d-a4bb-354460627876\" style=\"\" rel=\"noopener\">Ticket Egypt<\/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\/events\/\">Events<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/lifestyle\/\">lifestyle<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/music\/\">music<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/out-and-about\/\">Out and About<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-trying\/\">worth trying<\/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=\"669465\" 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=\"669465\">\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\">GO WITH THE FLOW<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/what-the-markets-are-doing-on-3-august-2025\/\">\r\n                            What the markets are doing on 3 August 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\/08\/03\/what-the-markets-are-doing-on-3-august-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\/08\/03\/what-the-markets-are-doing-on-3-august-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\/08\/03\/what-the-markets-are-doing-on-3-august-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 3 August 2025&url=https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/what-the-markets-are-doing-on-3-august-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\/08\/03\/what-the-markets-are-doing-on-3-august-2025\/&title=What the markets are doing on 3 August 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+3+August+2025+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F08%2F03%2Fwhat-the-markets-are-doing-on-3-august-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\/08\/03\/what-the-markets-are-doing-on-3-august-2025\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669465\" class=\"content-area-description single-story post-669465 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\/8\/.624a1de1-15ba-42e2-ad02-814c5f701a35.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 0.2% at today\u2019s close<\/strong> on turnover of EGP 3.4 bn (33.7% below the 90-day average). Local investors were the sole net buyers. The index is up 15.2% 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> Misr Cement Qena (+6.2%), Mopco (+4.6%), and Eastern Company (+3.2%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red:<\/strong> Beltone Holding (-3.3%), Egypt Aluminum (-1.8%), and Palm Hills (-1.7%).<\/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<div class=\"alignfull inside-industry vertical-section wide-section wp-block-group issue-section\" id=\"669466\">\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                <figure class=\"wp-block-image size-full mt-0 mb-0 img-white-bg\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27477.svg\" alt=\"\"><\/figure>\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\">7<\/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\/fei-urges-finmin-to-activate-first-phase-of-new-egp-30-bn-initiative-to-support-priority-industrial-sectors\/\">  \r\n                            Federation of Egyptian Industries urges FinMin to activate first phase of new EGP 30 bn initiative to support priority industrial sectors<\/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\/fei-urges-finmin-to-activate-first-phase-of-new-egp-30-bn-initiative-to-support-priority-industrial-sectors\/\" 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\/inside_industry\/fei-urges-finmin-to-activate-first-phase-of-new-egp-30-bn-initiative-to-support-priority-industrial-sectors\/')\">\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\/inside_industry\/fei-urges-finmin-to-activate-first-phase-of-new-egp-30-bn-initiative-to-support-priority-industrial-sectors\/\">\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=FEI urges FinMin to activate first phase of new EGP 30 bn initiative to support priority industrial sectors&url=https:\/\/enterpriseam.com\/egypt\/inside_industry\/fei-urges-finmin-to-activate-first-phase-of-new-egp-30-bn-initiative-to-support-priority-industrial-sectors\/\">\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\/inside_industry\/fei-urges-finmin-to-activate-first-phase-of-new-egp-30-bn-initiative-to-support-priority-industrial-sectors\/&title=FEI urges FinMin to activate first phase of new EGP 30 bn initiative to support priority industrial sectors\">\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=FEI+urges+FinMin+to+activate+first+phase+of+new+EGP+30+bn+initiative+to+support+priority+industrial+sectors+https%3A%2F%2Fenterpriseam.com%2Fegypt%2Finside_industry%2Ffei-urges-finmin-to-activate-first-phase-of-new-egp-30-bn-initiative-to-support-priority-industrial-sectors%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>                    <\/div>\r\n\r\n                    <div class=\"story__body\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/fei-urges-finmin-to-activate-first-phase-of-new-egp-30-bn-initiative-to-support-priority-industrial-sectors\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2443.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" sizes=\"(max-width: 34.9rem) calc(100vw - 2rem), (max-width: 53rem) calc(8 * (100vw \/ 12)), (min-width: 53rem) calc(6 * (100vw \/ 12)), 100vw\" data-attachment-id=\"669467\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/fei-urges-finmin-to-activate-first-phase-of-new-egp-30-bn-initiative-to-support-priority-industrial-sectors\/2443-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2443.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2443.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2443.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2443.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-669466\" class=\"content-area-description post-669466 inside_industry type-inside_industry status-publish has-post-thumbnail hentry category-inside-industry tag-economy tag-enterprisepm tag-finance-ministry tag-inside-industry tag-manufacturing 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> ? The Federation of the Egyptian Industries (FEI) is urging the Finance <\/strong><strong>Ministry<\/strong> <strong>to swiftly activate the first phase of the new EGP 30 bn initiative <\/strong>to support companies in priority industrial sectors, with a number of industrial chambers complaining from a delay in implementing the initiative and providing the needed finance, industry insiders told EnterpriseAM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Industry Ministry <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c07d0777-874d-4fe1-8888-26adfa703b02\/gov%25e2%2580%2599t-kicks-off-egp-30-bn-financing%253cmark%253e-initiative%253c%2Fmark%253e-for-industrial-players\" style=\"\" rel=\"noopener\">launched<\/a><\/strong><strong> the first phase of the new EGP 30 bn <\/strong><strong>financing initiative back in April<\/strong>, offering reduced 15% interest rates to seven priority industrial sectors, including the pharma, food, engineering, chemicals, textiles, mining, and building materials. The initiative, which was announced in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/db0ad353-f864-44d7-a32b-77e33dc15ce0\/a-new-egp-30-bn-financing%253cmark%253e-initiative%253c%2Fmark%253e-for-industry\" style=\"\" rel=\"noopener\">December<\/a>, aims to help private players finance the purchase of new machinery, equipment, and production lines at the discounted rate for five years. Some projects will get an even more favorable rate, with an additional 2% cut for projects that boost local added value or introduce new industrial activities that could replace imports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Despite being officially launched three months ago, \u201cthe initiative has not yet come <\/strong><strong>into effect<\/strong>, despite the chamber notifying its affiliated factories, which have completed all required paperwork and requirements and finalized all bank requests within the initiative, Chamber of Engineering Industries head Mohamed El Mohandes told EnterpriseAM. He attributed that delay to the Finance Ministry, which has not yet allocated the funds or disbursed the necessary credits for each factory. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But there\u2019s disagreement on the reason for the delay<\/strong>, with the Finance Ministry \u201cwaiting for the complete list from the Industrial Development Authority to start the disbursement,\" an official from the ministry told us.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The pharma sector is one of the most affected industries.<\/strong> \"We have a large list of company requests, exceeding 100 factories, awaiting approvals to obtain the required financing\u2026 They [the government] told us that the pharmaceutical sector will be prioritized, but so far, not a single factory has received any of its allocated funding,\" a source from the FEI\u2019s Pharmaceutical Industries Chamber told us.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>These companies are awaiting financing worth EGP 7.5 bn,<\/strong> while the engineering, food, chemical, apparel, and building materials sectors will share the remaining of the funds allocated for the first phase.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cBetween 50 and 60 new factories are awaiting the activation of this initiative<\/strong> after having completed establishment and construction procedures. The process is stalled on the purchase of machinery and equipment due to the currently high dollar valuation,\u201d FEI\u2019s member Mohamed El Bahy told EnterpriseAM. Therefore, this initiative will help these factories that are hit hard by the high exchange rate to start operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Under the initiative, factories will not receive cash-in-hand nor direct financing <\/strong>and as the funding will be instead used to purchase production lines, machinery, and equipment, according to El Mohandes, who called for action, even if gradual, to disburse funds to factories that have met all conditions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> The government last year <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/76be2887-7a28-4faa-8284-d270a315f10a\/\" style=\"\" rel=\"noopener\">suspended<\/a> a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c0fbf63f-f196-4ab6-acac-529210bde7e3\" style=\"\" rel=\"noopener\">EGP 120 bn program<\/a> for industrial and agricultural players that it had approved in March after the initiative ran into difficulties and reportedly benefitted only a few industrial players. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance-ministry\/\">Finance Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inside-industry\/\">INSIDE INDUSTRY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"669468\" 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\/08\/03\/669468\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669468\" class=\"content-area-description single-story post-669468 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>4 August (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DMnqy4lNPlK\/?hl=en\" style=\"\">Karaoke 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>5 August (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DMauTufopiN\/?hl=en\" style=\"\">Tablet El Sitt<\/a><\/span><span style=\"font-weight:400;\"> at Madinaty\u2019s Boom Room.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-30 August (Wednesday - Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid033gyNUmtXgiaFkwYysMb1DWpAf27XeAdp1xhr3M1axVovKqfaHb3w8AyzMYp6YyxDl\" style=\"\">Egypt Sculpture Symposium<\/a><\/span><span style=\"font-weight:400;\"> at New Alamein.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7 August (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DL8Gm2Vs_Tl\/?hl=en\" style=\"\">Peggy Gou<\/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>8 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DMsoYb3oyA6\/?hl=en&img_index=1\" style=\"\">Tamer Hosny<\/a><\/span><span style=\"font-weight:400;\"> at Kiki\u2019s Hacienda White.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DMIwT4dMLCx\/?hl=en&img_index=1\" style=\"\">Hussein Al Jassmi, Disco Misr, and Ahmed Saad<\/a><\/span><span style=\"font-weight:400;\"> at Seashore. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/6821\" style=\"\">&ME<\/a><\/span><span style=\"font-weight:400;\"> at Sol Beach.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DLVSXHlxAqh\/?hl=en\" style=\"\">All Day I Dream<\/a><\/span><span style=\"font-weight:400;\"> at ESC\u0100 Beach Club.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DLwrxcQNRZL\/?hl=en\" style=\"\">Marwan Pablo and Lege-cy<\/a><\/span><span style=\"font-weight:400;\"> at U Arena.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/fideles_music\/?hl=en\" style=\"\">DJ Fideles<\/a><\/span><span style=\"font-weight:400;\"> at ESCA Beach Club.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/bedouin_official\/?hl=en\" style=\"\">Bedouin<\/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>29 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DJZGoNwMGUX\/?hl=en\" style=\"\">Solomun<\/a><\/span><span style=\"font-weight:400;\"> at D-Bay.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/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;\">4 September (Thursday): Al Mawlid Al Nabawi.<\/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 (Monday): Armed forces day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">7 October (Tuesday): Enterprise Egypt Forum 2025.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 October (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DL7uPk5Mk2z\/?img_index=2\" style=\"\">Scorpions concert<\/a><\/span><span style=\"font-weight:400;\"> at New Capital.<\/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<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>19 December (Friday): DJ <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ticketegypt.venflare.com\/events\/6cd3a219-2617-494d-a4bb-354460627876\" style=\"\">Ti\u00ebsto<\/a><\/span><span style=\"font-weight:400;\"> at the Giza Plateau. <\/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":669452,"template":"","categories":[],"tags":[],"class_list":["post-669451","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0409eba6-2248-4cb0-81ad-a0a937453c33","teaser":"","photo_url":"https:\/\/ent.news\/2025\/8\/24.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>Redundant - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" 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