{"id":557182,"date":"2021-09-09T03:45:10","date_gmt":"2021-09-09T03:45:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=557182"},"modified":"2025-12-16T01:35:32","modified_gmt":"2025-12-16T01:35:32","slug":"mnt-halan-announces-blockbuster-usd-120-mn-fintech-round","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/mnt-halan-announces-blockbuster-usd-120-mn-fintech-round\/","title":{"rendered":"MNT-Halan announces blockbuster USD 120 mn fintech round"},"content":{"rendered":"<section id=\"557184\" 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=\"557184\">\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're Tracking Today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/this-morning-inflation-data-lands-today-israeli-pm-to-visit-cairo-next-week-bill-gates-takes-control-of-four-seasons\/\">\r\n                            THIS MORNING: Inflation data lands today; Israeli PM to visit Cairo next week? Bill Gates takes control of Four Seasons.                        <\/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\/2021\/09\/09\/this-morning-inflation-data-lands-today-israeli-pm-to-visit-cairo-next-week-bill-gates-takes-control-of-four-seasons\/\" 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\/2021\/09\/09\/this-morning-inflation-data-lands-today-israeli-pm-to-visit-cairo-next-week-bill-gates-takes-control-of-four-seasons\/')\">\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\/2021\/09\/09\/this-morning-inflation-data-lands-today-israeli-pm-to-visit-cairo-next-week-bill-gates-takes-control-of-four-seasons\/\">\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=THIS MORNING: Inflation data lands today; Israeli PM to visit Cairo next week? Bill Gates takes control of Four Seasons.&url=https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/this-morning-inflation-data-lands-today-israeli-pm-to-visit-cairo-next-week-bill-gates-takes-control-of-four-seasons\/\">\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\/2021\/09\/09\/this-morning-inflation-data-lands-today-israeli-pm-to-visit-cairo-next-week-bill-gates-takes-control-of-four-seasons\/&title=THIS MORNING: Inflation data lands today; Israeli PM to visit Cairo next week? Bill Gates takes control of Four Seasons.\">\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=THIS+MORNING%3A+Inflation+data+lands+today%3B+Israeli+PM+to+visit+Cairo+next+week%3F+Bill+Gates+takes+control+of+Four+Seasons.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F09%2Fthis-morning-inflation-data-lands-today-israeli-pm-to-visit-cairo-next-week-bill-gates-takes-control-of-four-seasons%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\/2021\/09\/09\/this-morning-inflation-data-lands-today-israeli-pm-to-visit-cairo-next-week-bill-gates-takes-control-of-four-seasons\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557184\" class=\"content-area-description single-story post-557184 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-abdel-fattah-el-sisi tag-bill-gates tag-diplomacy tag-enterpriseam tag-inflation tag-israel tag-naftali-bennett tag-politics tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>Good morning ladies and gents<\/strong> \u2014 we have a jam-packed issue for you to close out the week so let\u2019s jump into it.<\/p><p><strong>WHAT\u2019S HAPPENING TODAY-<\/strong><\/p><p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a><strong> Inflation data lands today:<\/strong> The Central Bank of Egypt will publish inflation figures for August this morning. Price growth has crept up over the past several months, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/abf567b4-dda5-496a-8f9a-a388342de376\">reaching 5.4% in July<\/a> \u2014 a 2021 high albeit one that fell below analysts\u2019 expectations, some of whom were expecting a figure closer to 6%.<\/p><p><strong>The <\/strong><strong><a href=\"https:\/\/www.moic.gov.eg\/en-US\/Sectors\/Index?na=6664\">Egypt-International Cooperation Forum (ICF)<\/a><\/strong><strong> wraps up today at the Nile Ritz-Carlton in<\/strong> <strong>Cairo.<\/strong> Hosted by the International Cooperation Ministry, the conference will bring together representatives from African and Arab governments, leading Egyptian and international businesses and banks, multilateral lenders, and international institutions including the UN, World Bank, OECD to discuss international development issues such as climate change and the pandemic. Check out the agenda <a href=\"https:\/\/www.moic.gov.eg\/getattachment\/914f7d1d-22bf-41d2-8949-57f54d343423\/full-agenda.pdf\">here (pdf)<\/a><\/p><p><strong>It\u2019s the final day of the <\/strong><strong><a href=\"https:\/\/www.egyhealthexpo.com\/\">Egy Health Expo<\/a><\/strong> at the Al Manara International Conference Center.<\/p><p><strong>It\u2019s day five of the <\/strong><strong><a href=\"https:\/\/alolabor.org\/20527\/\">Arab Labor Conference<\/a><\/strong>, which is running through to 12 September at the InterContinental CityStars Hotel in Heliopolis. Government officials, ambassadors, trade union reps and business owners\u2019 association delegates from 21 Arab countries are participating in the gathering.<\/p><p><strong>LATER THIS WEEK AND NEXT-<\/strong><\/p><p><strong>Israeli PM to visit Cairo next week?<\/strong> This is according to <a href=\"https:\/\/www.axios.com\/israel-pm-bennett-rare-public-visit-egypt-498608d1-eb33-4a0c-8b0d-1d83847bd0d9.html\">Axios<\/a>\u2019 Barak Ravid, who reports that Naftali Bennett will make an official diplomatic visit to Egypt next week for talks with President Abdel Fattah El Sisi.<\/p><p><strong>This would be the first official visit to Egypt by an Israeli leader in more than a decade:<\/strong><\/p><p>The official visit would mark a rare occasion in regional diplomacy and a first for El Sisi. The last Egyptian president to host an Israeli prime minister was Hosni Mubarak, who met Benjamin Netanyahu in <a href=\"https:\/\/mfa.gov.il\/mfa\/pressroom\/2011\/pages\/pm_netanyahu_meets_egyptian_president_mubarak_6-jan-2011.aspx\">January 2011<\/a>, just a few weeks before the revolution forced Mubarak out of office. <a href=\"https:\/\/www.timesofisrael.com\/netanyahu-had-secret-meeting-in-egypt-with-sissi-in-may-to-discuss-gaza-report\/\">Israeli media<\/a> reports in 2018 claimed that Netanyahu made a secret visit to meet with El Sisi in Sharm El Sheikh.<\/p><p><strong>The rumored visit comes amid <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e5919e87-4dc7-476b-b6fe-dfee6aeb4f6a\">reports<\/a><\/strong><strong> that Egypt is preparing a new roadmap to restart <\/strong><strong>Israel-Palestine peace talks<\/strong>, while cordial bilateral relations have recently been on public display. The Egyptian president <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/377675bd-85de-4e19-9705-84668f9baeb7\">in August<\/a> extended the invitation to Bennett to visit, before earlier this week calling Israeli President Isaac Herzog to wish him a happy Rosh Hashanah.<\/p><p><strong>ALSO:<\/strong><\/p><ul>\n<li><strong>New school year: <\/strong>International schools begin the 2021-2022 academic year on Sunday, 12 September.<\/li>\n<li><strong>EFG Hermes\u2019 fourth Virtual Investor Conference <\/strong>runs 13-21 September with the theme of \u201cAfter Reflation - FEMs in 2022.\u201d<\/li>\n<li><strong>Sahara Expo:<\/strong> The four-day agricultural conference, the <a href=\"https:\/\/www.saharaexpo.com\/en\/home.html\">Sahara Expo<\/a>, will start on Sunday at the Egypt International Exhibition Center.<\/li>\n<li><strong>AmCham event:<\/strong> Environment Minister Yasmine Fouad will give a speech on strategies for generating green, private sector-led growth at AmCham\u2019s virtual monthly event on Monday, 13 September. <a href=\"https:\/\/www.amcham.org.eg\/events-activities\/events\/online-registration\/1385\">Register here<\/a>.<\/li>\n<li><strong>Interest rates:<\/strong> The Central Bank of Egypt will meet to review interest rates on Thursday, 16 September.<\/li>\n<\/ul><p><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p><hr class=\"grey-line\"><p><strong>THE BIG BUSINESS STORY INTERNATIONALLY-<\/strong><\/p><p><strong>Bill Gates has taken a controlling stake in the Four Seasons hotel chain in a USD 2.2 bn<\/strong> <strong>agreement <\/strong>with Saudi royal Prince Alwaleed bin Talal. Gates upped his stake from 47.5% to 71.25% in the first big transaction he\u2019s made since his high-profile divorce from Melinda French Gates, valuing the company at USD 10 bn enterprise value. Alwaleed shared ownership of the company with Gates for over a decade, but is better known for his association with another luxury hotel: he was among those detained at the Riyadh Ritz-Carlton as part of Crown Prince Mohammed bin Salman\u2019s dramatic anti-corruption crackdown in 2018. Everyone from <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-09-08\/saudi-billionaire-to-sell-stake-in-four-seasons-for-2-2-billion?sref=mmeFTDW1\">Bloomberg<\/a> and <a href=\"https:\/\/www.reuters.com\/business\/bill-gates-cascade-investment-take-control-four-seasons-hotels-2021-09-08\/\">Reuters<\/a> to <a href=\"https:\/\/www.ft.com\/content\/3889fdcd-b151-4540-ae29-3a0f54216c1c\">the Financial Times<\/a> and <a href=\"https:\/\/www.forbes.com\/sites\/rachelsandler\/2021\/09\/08\/bill-gates-investment-firm-buys-controlling-stake-in-four-seasons-hotels-for-22-billion\/\">Forbes<\/a> has the story.<\/p><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\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br>\n        <\/h4>\n<\/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 href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/p><\/div>\n<\/div>\n<\/div><p><strong>***IN CASE YOU MISSED IT-<\/strong><\/p><ul>\n<li><strong>Time to dust the cobwebs off that privatization plan:<\/strong> Two or three public sector firms could offer stakes on the EGX before the end of 2021, Planning Minister <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/39607e53-7772-4a27-b7f4-584372e9bc9e\">Hala El Said said<\/a> on the first day of the Egypt-International Cooperation Forum (ICF) yesterday.<\/li>\n<li><strong>Calling all iSheep: Apple wants more of your money<\/strong> and is going to have some shiny new (read: slightly-updated) things for you to buy. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/39607e53-7772-4a27-b7f4-584372e9bc9e\">Announcement coming Tuesday<\/a>.<\/li>\n<li><strong>Investors, execs, narcotraficantes:<\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/13c33c37-4629-4d95-b717-515f04d47492\">El Salvador wants you<\/a>.<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bill-gates\/\">Bill Gates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/naftali-bennett\/\">Naftali Bennett<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/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=\"557185\" 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                            \"\r\n            id=\"557185\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/557185\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557185\" class=\"content-area-description single-story post-557185 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class='web-image'><a href='https:\/\/somabay.com\/'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/SOMA-ENTERPRISECASFIN-1600px.jpg?ssl=1\" alt='enterprise'><\/a><\/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=\"557186\" 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=\"557186\">\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\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/mnt-halan-announces-blockbuster-usd-120-mn-fintech-round\/\">\r\n                            MNT-Halan announces blockbuster USD 120 mn fintech round                        <\/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\/2021\/09\/09\/mnt-halan-announces-blockbuster-usd-120-mn-fintech-round\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            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data-attachment-id=\"557187\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/mnt-halan-announces-blockbuster-usd-120-mn-fintech-round\/118-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/118.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"118.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/118.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/118.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557186\" class=\"content-area-description single-story post-557186 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-enterpriseam tag-finance tag-fintech tag-investment-watch tag-mnt-halan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-01\" class=\"content-anchor\"><\/a> <strong><a href=\"https:\/\/mnt-halan.com\/\">MNT-Halan<\/a><\/strong><strong> has closed what we believe is the largest fintech round ever to take place in MENA, raising c. USD 120 mn<\/strong> from a group of investors that includes financial services-focused PE house Apis, the UK\u2019s Development Partners International (DPI) and Lorax Capital Partners, the group <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210908005147\/en\/Egyptian-Fintech-MNT-Halan-Attracts-Circa-US120-Million-From-Global-Investors\">said in a statement<\/a>. The funds will be used to help the company roll out new products, sharply grow its user base, and expand into new markets outside of Egypt. The story is getting plenty of digital ink this morning everywhere from <a href=\"https:\/\/www.reuters.com\/world\/africa\/egyptian-fintech-mnt-halan-secures-120-mln-investment-2021-09-08\/\">Reuters<\/a> to <a href=\"https:\/\/techcrunch.com\/2021\/09\/08\/egyptian-fintech-mnt-halan-lands-120m-from-apis-partners-disruptech-and-others\/\">TechCrunch<\/a>.<\/p>\n<p><strong>The company currently has 1 mn monthly active users<\/strong> and serves over 4 mn clients, 1.8 mn of whom are borrowers. MNT-Halan has disbursed more than USD 1.7 bn worth of loans and has a monthly throughput of USD 100 mn.<\/p>\n<p><strong>The size of the round underscores investor confidence in Egypt<\/strong>, Halan founder and CEO Mounir Nakhla told us yesterday. \u201cThese negotiations started pre-covid, continued during covid and finally closed with the post-covid era in sight. Bringing in this suite of global investors with a focus on fintech and emerging markets shows enormous trust not only in our company, our team and the strategy MNT-Halan is rolling out in the market, but also in Egypt as an investment destination.\u201d<\/p>\n<p><strong>Halan aims to grow its user base 10x in the coming years \u2014 and to expand into both African and select Asian markets<\/strong>, Nakhla said. \u201cOur target countries all have large populations and underbanked populations. Since well before the 18 months it took us to put this transaction together, we\u2019ve been building tech assets that are now starting to come to market. We\u2019re building a digital financial ecosystem for merchants and customers that are usually unbanked, offering lending, payments, BNPL and and e-commerce platform support by a whole logistics operation.\u201d<\/p>\n<p><strong>Halan already acquired 100% of Raseedy<\/strong>, the first independent and interoperable digital wallet in Egypt licensed by the Central Bank of Egypt. <strong>It has also obtained micro, consumer and nano finance licenses <\/strong>from the Financial Regulatory Authority.<\/p>\n<p><strong>By our math, the transaction makes MNT-Halan the most-funded fintech player in the Arab world<\/strong>, a <a href=\"https:\/\/fintechnews.ae\/9730\/fintech\/14-top-funded-fintechs-in-the-middle-east-2021\/\">title previously held<\/a> by Tabby in the UAE, which has raised a total of USD 132 mn after a USD 50 mn round. MNT-Halan is also backed by several venture capital firms including Algebra Ventures, DisrupTech, Endeavor Catalyst, Egypt Ventures, MEVP and Wamda. (Hit the statement above for a full list of the company\u2019s investors.)<\/p>\n<p><strong>Global investors in this round say they\u2019re attracted to Egypt by the size of the nation\u2019s market \u2014 and the vast potential <\/strong>presented by >100 mn under- and \/ or un-banked people. Halan is the first investment in Egypt for Apis, a specialist financial services private equity house that manages or advises on total committed capital from investors of USD 1.2 bn.<\/p>\n<p><strong>What led Apis to buy in?<\/strong> MNT-Halan is a fintech player with a great management team, Abou Moussa told us, adding that Egypt \u201cis a big economy, with a large population, a high and growing smartphone penetration rate, a digitalizing economy \u2014 yet, one that is still substantially under-banked. These growth drivers are complemented by the Egyptian government\u2019s and regulators\u2019 support for financial inclusion and digitalization of the economy,\u201d Apis Partner Hossam Abou Moussa told us.<\/p>\n<p><strong>Halan is also attracting repeat investment: <\/strong>This is the second time that DPI, a leading UK-based investor in Egypt, has backed Nakhla. \u201cWe\u2019ve been invested with Mounir and his team since 2018 and they\u2019ve delivered fantastic results,\u201d DPI Principal Ziad Abaza told Enterprise yesterday. \u201cThe transformation and growth of the company is what led us to reinvest with MNT-Halan in this round with our new fund. The fundamentals of the Egyptian market continue to support the growth of this fantastic fintech story and ecosystem the MNT-Halan team are creating. Their target market is under penetrated, from loans to payment solutions, and we really like the trajectory we see unfolding in the coming years. <strong>Egypt is a key market for DPI<\/strong>,\u201d he said. The firm has total AUM of USD 2 bn across three funds. Together with its investors, it has deployed more than USD 350 mn in Egypt over the past five years<\/p>\n<p><strong>Digital financial services has been taking Egypt by storm, and investors have been taking note:<\/strong> Moneyfellows, which has digitized the concept of \u2018Gameya\u2019 had raised around USD 7 mn as of earlier this year and it is <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7783a36b-5150-477e-b19d-164497a501ab\">eyeing MENA expansion<\/a>, while e-payment platform Fawry became the first Egyptian tech company to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bacf711c-ba11-4aa2-9977-3d254e2683f5\">achieve a USD 1 bn market cap<\/a> last year.<\/p>\n<p><strong>The regional fintech sector has seen significant growth over the past two years<\/strong>, last year the sector saw a major increase in demand, attributed to the pandemic, with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e45efd5b-a675-46dd-8121-37255bd413b3\">63 VC outfits investing<\/a> in mobile and online payment solutions in the MENA region. Egypt, along with the UAE and Saudi Arabia, led the boom in e-commerce in the region last year, which subsequently led to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7d79f49a-c160-4a6b-a14b-51f6c172bd55\">growth in the delivery and online payment sectors<\/a>, with fintech investments across the MENA more than doubling to USD 78 mn in 2020.<\/p>\n<p><strong>MEANWHILE- Apis has made good on its March 2021 <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/95c7e2c3-5a82-4189-b993-5363b003ee36\">promise to have a presence in Cairo<\/a><\/strong><strong>. <\/strong>\u201cWe are also increasing our on-the-ground presence with new investment professionals joining the Apis team. We continue to be excited by the market opportunity in the Egyptian financial services sector and looking forward to using our global and EM financial services investing expertise to add value to and support Egyptian fintech businesses,\u201d Abou Moussa said.<\/p>\n<p><strong>ADVISORS- <\/strong>White & Case, Freshfields, Lexence, and Mattouk Bassiouny & Hennawy served as legal advisors on the transaction.<\/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\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fintech\/\">Fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mnt-halan\/\">MNT-Halan<\/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=\"557188\" 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=\"557188\">\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\">Capital markets<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/our-debt-may-not-become-euroclearable-until-2022-sp-says-foreign-holdings-hit-new-record-high\/\">\r\n                            Our debt may not become Euroclearable until 2022 + S&#038;P says foreign holdings hit new record high                        <\/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\/2021\/09\/09\/our-debt-may-not-become-euroclearable-until-2022-sp-says-foreign-holdings-hit-new-record-high\/\" 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 government was originally expecting to have wrapped up technical discussions with Euroclear <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/95e658a0-969e-43ad-84b1-5ad3188839e2\">between September and November<\/a> but according to statements made by Finance Minister Mohamed Maait yesterday it may now have to wait until 2022 as the ministry continues working to meet the European clearinghouse\u2019s requirements.<\/p>\n<p><strong>Making EGP bonds more accessible:<\/strong> Egypt <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/20\/egypt-signs-agreement-with-euroclear\/\">signed an agreement<\/a> with Euroclear in late 2019 that paved the way for its local debt to be cleared in Europe. This will make EGP bonds more accessible to foreign investors, who can currently only access the market through a small number of local banks. Since then, Egypt has been working to meet the clearinghouse\u2019s requirements, including <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7c31d5b0-7df8-4820-8d29-6d2de7a51ea0\">setting up a central securities depository<\/a> in addition to a number of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/08d2d325-ed33-45ea-aed8-f22a00d47f86\">technical, logistical and administrative<\/a> terms.<\/p>\n<p><strong>We could be looking at March 2022:<\/strong> Speaking on the sidelines of the Egypt-International Cooperation Forum, Maait said yesterday that <strong>Egypt has now satisfied 95% of the requirements<\/strong>, and that a final agreement may be reached in the coming months. \"We hope that in the coming few months it will be sorted out \u2026 It might be March next year, I'm not sure,\" he said.<\/p>\n<p><strong>JPMorgan could make its final decision on whether to reinclude Egyptian debt in its EM sovereign bond index in the next week or two<\/strong>, a move that is expected to bring an additional <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ea858526-5700-49cf-9a6c-4bb9a7b54d2a\">USD 1.4-2.2 bn<\/a> of portfolio inflows into the Egyptian treasury market.<\/p>\n<p>The US investment bank is currently reviewing whether to include Egyptian bonds on the index and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2942a7fd-4cca-4286-98b3-5c2d1c99da8a\">said in April<\/a> it would make a final decision within six months. The government will take part in a conference call in mid-September to discuss the bank\u2019s decision, Maait said yesterday.<\/p>\n<hr class=\"grey-line\">\n<p><strong>Foreign holdings in Egyptian debt hit a record USD 33 bn in early August<\/strong>, continuing their rebound following the covid-induced market crash last year, according to a recent report from S&P Global Ratings<sup><\/sup>. Prior to covid, foreign holdings had risen to around USD 28 bn before falling to as low as USD 10 bn during the emerging-market sell-off triggered by the initial wave of the pandemic.<\/p>\n<hr class=\"grey-line\">\n<p><strong>A USD 1 bn sukuk issuance?<\/strong> The Finance Ministry could go ahead with a USD 1 bn issuance of Islamic bonds in the near future<strong>, <\/strong>Maait said, adding that the exact value of the government offering had not yet been determined, according to <a href=\"https:\/\/hapijournal.com\/2021\/09\/08\/%D9%85%D8%AD%D9%85%D8%AF-%D9%85%D8%B9%D9%8A%D8%B7-%D9%88%D8%B2%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%AA%D8%AE%D8%B7%D8%B7-%D9%84%D8%B7%D8%B1%D8%AD-%D8%B5%D9%83%D9%88%D9%83\/\">Hapi Journal<\/a>. The news comes after the ministry last month <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/88126f66-190a-4cdd-a26b-d5ce65a7e762\">announced<\/a> that it is preparing to issue its first tranche of sovereign sukuk in the second half of FY2021-2022.<\/p>\n<p><strong>This is less than half of the USD 2 bn figure<\/strong> floated by the minister <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/32c7b2cc-95aa-4cb6-962f-496eade1e38d\">earlier this year<\/a>.<\/p>\n<p><strong>But take this with a pinch of salt:<\/strong> Maait reiterated yesterday that the exact value of the offering has not yet been decided.<\/p>\n<p><strong>In any case, we probably shouldn\u2019t expect a blockbuster maiden issuance: <\/strong>\u201cWe don\u2019t plan to make large issuances until we hold the necessary experience,\u201d he said yesterday.<\/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\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/euroclear\/\">Euroclear<\/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\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/jpmorgan\/\">JPMorgan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-maait\/\">Mohamed Maait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sukuk\/\">sukuk<\/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=\"557190\" 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=\"557190\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/egypt-to-export-natural-gas-to-crisis-hit-lebanon\/\">\r\n                            Egypt to export natural gas to crisis-hit Lebanon                        <\/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\/2021\/09\/09\/egypt-to-export-natural-gas-to-crisis-hit-lebanon\/\" 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\/2021\/09\/09\/egypt-to-export-natural-gas-to-crisis-hit-lebanon\/')\">\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\/2021\/09\/09\/egypt-to-export-natural-gas-to-crisis-hit-lebanon\/\">\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=Egypt to export natural gas to crisis-hit Lebanon&url=https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/egypt-to-export-natural-gas-to-crisis-hit-lebanon\/\">\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\/2021\/09\/09\/egypt-to-export-natural-gas-to-crisis-hit-lebanon\/&title=Egypt to export natural gas to crisis-hit Lebanon\">\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=Egypt+to+export+natural+gas+to+crisis-hit+Lebanon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F09%2Fegypt-to-export-natural-gas-to-crisis-hit-lebanon%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\/2021\/09\/09\/egypt-to-export-natural-gas-to-crisis-hit-lebanon\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/120.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"557191\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/egypt-to-export-natural-gas-to-crisis-hit-lebanon\/120-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/120.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"120.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/120.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/120.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557190\" class=\"content-area-description single-story post-557190 post type-post status-publish format-standard has-post-thumbnail hentry category-energy tag-energy tag-enterpriseam tag-jordan tag-lebanon tag-oil-and-gas tag-oil-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Egypt will export natural gas to Lebanon via a pipeline running through<\/strong> <strong>Jordan and Syria<\/strong> following <a href=\"https:\/\/bit.ly\/3zUuzNx\">an agreement<\/a> to help relieve the fuel shortage currently paralysing Lebanon. In a meeting hosted by Jordan yesterday, the four countries agreed to bring online the Arab Gas Pipeline, which will be used to feed a power plant in the north of the country.<\/p>\n<p><strong>Lebanon is <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/669d0fe9-df59-4e06-826f-713052a1e8dd\">suffering crippling electricity shortages<\/a><\/strong> after its central bank lifted fuel subsidies last month as the country grapples with a devastating economic crisis. The country\u2019s plummeting currency and stricken financial system has left it unable to import enough fuel to keep the lights on, and power cuts and surging fuel costs have disrupted even vital services such as hospitals. The country\u2019s energy ministry hopes that the gas supplies will enable it to generate 450 MW of power and is in talks with the World Bank to receive funding, the country\u2019s energy minister Raymond Ghajar said at the presser.<\/p>\n<p><strong>But there\u2019s no word yet on when the gas might start being pumped:<\/strong> Egyptian Oil Minister Tarek El Molla said the government hopes to start pumping \u201cas soon as possible\u201d but didn\u2019t give an idea on when the pipeline may be brought back online, and said that some clauses of the preexisting contract need to be reviewed, without disclosing further information. Maintenance work is needed to get the 20-year-old pipeline up and running, which has been inactive since 2010 and has been subject to frequent attacks through the Syrian civil war. Jordanian Energy Minister Hala Al Zawati indicated that this could be finished in just three weeks, telling reporters yesterday that \u201cit is almost ready\u2026 some things here and there need fixing.\u201d<\/p>\n<p><strong>A potential complication: <\/strong>The US, which had been spearheading the plan, could have its hands tied by sanctions it imposed on the Syrian government in 2011. Lebanese officials are making appeals to Washington to make an exception.<\/p>\n<p><strong>Egypt and Jordan are both founding members of the <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/721b0df8-87fd-400e-af60-663496bde9e8\">East Mediterranean Gas Forum<\/a><\/strong><strong> (EMGF)<\/strong> and have agreed to cooperate on technical and commercial exchange, infrastructure development, and financing facilitation in the regional gas sector.<\/p>\n<p><strong>The story is also getting international attention:<\/strong> <a href=\"https:\/\/www.reuters.com\/business\/energy\/egypt-says-it-hopes-export-gas-supply-lebanon-with-power-soon-2021-09-08\/\">Reuters<\/a> | <a href=\"https:\/\/www.timesofisrael.com\/arab-ministers-say-egyptian-gas-to-reach-crisis-hit-lebanon-soon\/\">Associated Press<\/a> | <a href=\"https:\/\/www.thenationalnews.com\/mena\/2021\/09\/08\/arab-ministers-agree-road-map-to-help-lebanon-tackle-electricity-crisis\/\">The National<\/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\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/lebanon\/\">Lebanon<\/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\/oil-ministry\/\">Oil Ministry<\/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=\"557192\" 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                            \"\r\n            id=\"557192\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/557192\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557192\" class=\"content-area-description single-story post-557192 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a><\/p>\n<p class='web-image'><a href=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/bupa-infographics-womens-health-mobile-EN-v6-01.png?ssl=1\"><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/bupa-enterprise-teaser-Infographic-1600-EN-.png?ssl=1\" alt='enterprise'><\/a><\/p>\n<p><strong>Women employees feel their wellbeing is supported in the workplace following the negative impact of covid-19<\/strong>, our survey in association with Bupa indicated. Many women leave the workplace due to issues surrounding their health, but covid-19 has brought women\u2019s health and wellbeing into even sharper focus. While many of our respondents believe their workplaces foster positive environments to support employee wellbeing, many of them agree that there is room for improvement.<\/p>\n<p>While a few of them say that the lines between work and home are blurred, those that strive to prioritize their professional successes admit that many factors continue to impact their mental health with regards to their jobs. Businesses must listen and reshape by making reasonable adjustments that can boost efficiency and satisfaction across their work environments.<\/p>\n<p><strong>Click <\/strong><strong><a href=\"https:\/\/ent.news\/2021\/8\/bupa-infographics-womens-health-mobile-EN-v6-01.png\">here<\/a><\/strong><strong> to access the survey results<\/strong> and understand how women can bring their best to the workplace.<\/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=\"557193\" 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=\"557193\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/colliers-still-optimistic-on-egypt-hotel-recovery\/\">\r\n                            Colliers still optimistic on Egypt hotel recovery                        <\/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\/2021\/09\/09\/colliers-still-optimistic-on-egypt-hotel-recovery\/\" 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\/2021\/09\/09\/colliers-still-optimistic-on-egypt-hotel-recovery\/')\">\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\/2021\/09\/09\/colliers-still-optimistic-on-egypt-hotel-recovery\/\">\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=Colliers still optimistic on Egypt hotel recovery&url=https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/colliers-still-optimistic-on-egypt-hotel-recovery\/\">\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\/2021\/09\/09\/colliers-still-optimistic-on-egypt-hotel-recovery\/&title=Colliers still optimistic on Egypt hotel recovery\">\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=Colliers+still+optimistic+on+Egypt+hotel+recovery+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F09%2Fcolliers-still-optimistic-on-egypt-hotel-recovery%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\/2021\/09\/09\/colliers-still-optimistic-on-egypt-hotel-recovery\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/122.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"557194\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/colliers-still-optimistic-on-egypt-hotel-recovery\/122-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/122.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"122.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/122.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/122.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557193\" class=\"content-area-description single-story post-557193 post type-post status-publish format-standard has-post-thumbnail hentry category-tourism tag-colliers-international tag-enterpriseam tag-hurghada tag-sharm-el-sheikh tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Colliers International <\/strong><strong>maintained its optimistic forecast for Egypt\u2019s hotel<\/strong> <strong>occupancy <\/strong>in its <a href=\"https:\/\/ent.news\/2021\/9\/MENA-Hotel-Forecasts-September-2021-English.pdf\">September report on MENA hotels (pdf)<\/a>. All four Egyptian tourism destinations listed \u2014 Cairo, Sharm El Sheikh, Hurghada and Alexandria \u2014 are expected to witness continued growth in occupancy this year despite some modest revisions in Alexandria and Sharm El Sheikh hotel occupancy for the year.<\/p>\n<p><strong>Occupancy in Sharm is forecast to reach 45% over the year <\/strong>and witness a total 96% occupancy growth y-o-y, marking a 3 percentage point increase in occupancy rates from <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/967c560f-65e2-46fc-a20a-bcc8d46ecca5\">Colliers\u2019 August report<\/a>. Hurghada occupancy has been revised downwards by 1 point to a total annual occupancy rate of 50%. Occupancy is still expected to grow by 111% this year despite the slight downward revision from Colliers\u2019 August hotels report.<\/p>\n<p><strong>Cairo figures are looking better than they have in previous months, with occupancy rates expected to reach 52%<\/strong>, up 91% y-o-y and a three-point increase from August\u2019s 49% occupancy projection. In Alexandria, anticipated occupancy rates have remained steady at 57% \u2014 the same figure the organization had estimated for the Mediterranean city last month, which was revised downwards by 1 point from July. Overall, Alexandria is still expected to see a modest 26% growth in hotel occupancy this year.<\/p>\n<p><strong>Bear this in mind: <\/strong>The government had set a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1bb3ec4e-133c-4cf4-a351-b54b300e282f\">50% limit<\/a> on hotel occupancy last year as part of its covid-19 precautionary measures, which will have artificially kept rates muted. This was <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2e610747-1d5b-49ff-a263-f09285820df2\">raised to 70% in July<\/a>, allowing for more growth in the sector.<\/p>\n<p><strong>The tourism industry in Egypt has gotten several major boosts in past months: <\/strong>The <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/234df32f-1517-4870-b4dd-a4b8555fb036\">return of direct Russian flights<\/a> to Red Sea resorts last month after a six year hiatus is expected to bring an influx of occupants to Red Sea hotels. The Swiss also followed suit, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c61bc7f3-f8ca-4552-a9ba-621de0ee9591\">resuming<\/a> direct flights to Sharm El Sheikh earlier this week.<\/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\/colliers-international\/\">Colliers International<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hurghada\/\">Hurghada<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sharm-el-sheikh\/\">Sharm El Sheikh<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/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=\"557195\" 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=\"557195\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/speed-medical-pays-shareholders-egp-4-mn-to-extend-acquisition-timeline\/\">\r\n                            Speed Medical pays shareholders EGP 4 mn to extend acquisition timeline                        <\/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\/2021\/09\/09\/speed-medical-pays-shareholders-egp-4-mn-to-extend-acquisition-timeline\/\" 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\/2021\/09\/09\/speed-medical-pays-shareholders-egp-4-mn-to-extend-acquisition-timeline\/')\">\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\/2021\/09\/09\/speed-medical-pays-shareholders-egp-4-mn-to-extend-acquisition-timeline\/\">\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=Speed Medical pays shareholders EGP 4 mn to extend acquisition timeline&url=https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/speed-medical-pays-shareholders-egp-4-mn-to-extend-acquisition-timeline\/\">\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\/2021\/09\/09\/speed-medical-pays-shareholders-egp-4-mn-to-extend-acquisition-timeline\/&title=Speed Medical pays shareholders EGP 4 mn to extend acquisition timeline\">\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=Speed+Medical+pays+shareholders+EGP+4+mn+to+extend+acquisition+timeline+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F09%2Fspeed-medical-pays-shareholders-egp-4-mn-to-extend-acquisition-timeline%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\/2021\/09\/09\/speed-medical-pays-shareholders-egp-4-mn-to-extend-acquisition-timeline\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/124.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"557196\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/speed-medical-pays-shareholders-egp-4-mn-to-extend-acquisition-timeline\/124-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/124.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"124.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/124.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/124.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557195\" class=\"content-area-description single-story post-557195 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch tag-enterpriseam tag-ma-watch tag-speed-medical wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Speed Medical announced that it had paid New Al Safwa Specialized Hospital\u2019s <\/strong><strong>shareholders EGP 4 mn in June as part of compensation for the months delay on the transaction<\/strong>, the company said in a <a href=\"https:\/\/ent.news\/2021\/9\/Speed-medical-and-New-Al-Safwa-Specialized-Hospital.pdf\">bourse filing (pdf)<\/a>. The company said it had paid the amount to a representative of the sellers to secure their agreement to extend the terms of the transaction, which is being held up by a delay in obtaining health ministry approvals.<\/p>\n<p><strong>The company also confirmed that it would be upping its initial EGP 185 mn offer<\/strong> by an amount equivalent to the interest rate on the 185 mn figure during the period from 1 March until the transaction is complete, after sellers <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d9a165d3-7d1b-4ace-8b1f-2393f9e7d989\">voiced complaints<\/a> about the slowness of the regulatory approvals from the ministry.<\/p>\n<p><strong>Speed Medical\u2019s subsidiary Speed Hospitals wants at least <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7b8c8f1f-bd5f-41d1-ac95-ca0c7f780d98\">51% of Al Safwa<\/a><\/strong>, as well as management rights, with the rest of the equity to be owned by other investors including a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9f2be53e-6ddc-4c80-bbc5-7b05bac307c2\">4.4% stake<\/a> for sister company Prime Speed Medical Services.<\/p>\n<p><strong>Speed Hospitals already has post-acquisition plans<\/strong> including raising Al Safwa Hospital\u2019s capacity to 150 beds from its current 67. Speed Medical is also looking to list its hospitals arm on the EGX sometime within the coming three years.<\/p>\n<p><strong>Speed Medical has been facing heat recently: <\/strong>Yesterday, the company was fined EGP 200k by the <a href=\"https:\/\/www.egx.com.eg\/ar\/BulletinNews.aspx?BCODE=268104&All=\">IPO Committee<\/a> for once again violating article 34 of the EGX\u2019s rules for listing, which states that any company listed on the market has to disclose any essential information with the EGX, which will then share said information on its trading screens and official website. The company also threatened legal action against any media outlet that shares <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5a5ecb41-f117-47f6-959e-f57599e7de57\">allegations<\/a> made by unnamed shareholders, who accused the company of market manipulation.<\/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\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-medical\/\">Speed Medical<\/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=\"557197\" 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=\"557197\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/looks-like-egypt-and-turkey-are-on-speaking-terms-again\/\">\r\n                            Looks like Egypt and Turkey are on speaking terms again                        <\/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\/2021\/09\/09\/looks-like-egypt-and-turkey-are-on-speaking-terms-again\/\" 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\/2021\/09\/09\/looks-like-egypt-and-turkey-are-on-speaking-terms-again\/')\">\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\/2021\/09\/09\/looks-like-egypt-and-turkey-are-on-speaking-terms-again\/\">\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=Looks like Egypt and Turkey are on speaking terms again&url=https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/looks-like-egypt-and-turkey-are-on-speaking-terms-again\/\">\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\/2021\/09\/09\/looks-like-egypt-and-turkey-are-on-speaking-terms-again\/&title=Looks like Egypt and Turkey are on speaking terms again\">\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=Looks+like+Egypt+and+Turkey+are+on+speaking+terms+again+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F09%2Flooks-like-egypt-and-turkey-are-on-speaking-terms-again%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\/2021\/09\/09\/looks-like-egypt-and-turkey-are-on-speaking-terms-again\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/125.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"557198\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/looks-like-egypt-and-turkey-are-on-speaking-terms-again\/125-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/125.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"125.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/125.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/125.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557197\" class=\"content-area-description single-story post-557197 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-afghanistan tag-diplomacy tag-enterpriseam tag-sameh-shoukry tag-turkey wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Egypt and Turkey failed to find a breakthrough in diplomatic talks this week<\/strong> aimed at normalizing relations following eight years of hostility. Further steps are needed before diplomatic relations can be upgraded and consultations will continue in search of a solution, Deputy Foreign Minister Hamdy Loza and his Turkish counterpart Sedat Onal said in a <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/150813357228519\">joint statement<\/a> after talks in Ankara wrapped up yesterday. The discussions covered a number of issues including Libya, the Eastern Mediterranean, Syria and Palestine, the statement said.<\/p>\n<p><strong>No sign of ambassadorial appointments just yet: <\/strong>In a televised interview with Bloomberg on Wednesday (<a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2021-09-08\/u-s-can-t-disengage-from-middle-east-egypt-s-shoukry-says-video?sref=mmeFTDW1\">watch, runtime: 5:35<\/a>), Foreign Minister Sameh Shoukry said that diplomatic ties could not be restored until \u201ccertain measures that were taken by Turkey\u201d had been addressed, adding that \u201c... when we are satisfied that those issues have been resolved, that will open the door for further progress.\u201d Turkish Foreign Minister Mevlut Cavusoglu had told Turkish state TV on Tuesday that \u201cIf we decide together after the meetings, we will take the necessary mutual steps to appoint an ambassador.\u201d<\/p>\n<p><strong>The talks come amid a <\/strong><strong><a href=\"https:\/\/www.reuters.com\/world\/middle-east\/turkey-uae-rein-dispute-that-fuelled-conflict-hurt-economy-2021-09-06\/\">thaw in tensions<\/a><\/strong><strong> between Turkey and the UAE,<\/strong> and <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/turkey-sees-positive-delopments-saudi-egypt-ties-2021-08-25\/\">attempts by Ankara<\/a> to mend relations with another of its long-standing regional rivals, Saudi Arabia.<\/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\/afghanistan\/\">Afghanistan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sameh-shoukry\/\">Sameh Shoukry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/turkey\/\">Turkey<\/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=\"557199\" 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=\"557199\">\r\n            \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\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/khaled-hegazy-tapped-as-etisalat-misrs-chief-business-officer\/\">\r\n                            Khaled Hegazy tapped as Etisalat Misr\u2019s chief business officer                        <\/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\/2021\/09\/09\/khaled-hegazy-tapped-as-etisalat-misrs-chief-business-officer\/\" 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\/2021\/09\/09\/khaled-hegazy-tapped-as-etisalat-misrs-chief-business-officer\/')\">\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\/2021\/09\/09\/khaled-hegazy-tapped-as-etisalat-misrs-chief-business-officer\/\">\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=Khaled Hegazy tapped as Etisalat Misr\u2019s chief business officer&url=https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/khaled-hegazy-tapped-as-etisalat-misrs-chief-business-officer\/\">\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\/2021\/09\/09\/khaled-hegazy-tapped-as-etisalat-misrs-chief-business-officer\/&title=Khaled Hegazy tapped as Etisalat Misr\u2019s chief business officer\">\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=Khaled+Hegazy+tapped+as+Etisalat+Misr%E2%80%99s+chief+business+officer+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F09%2Fkhaled-hegazy-tapped-as-etisalat-misrs-chief-business-officer%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\/2021\/09\/09\/khaled-hegazy-tapped-as-etisalat-misrs-chief-business-officer\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557199\" class=\"content-area-description single-story post-557199 post type-post status-publish format-standard hentry category-moves tag-enterpriseam tag-etisalat tag-khaled-hegazy tag-moves wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Khaled<\/strong><strong> Hegazy<\/strong> (<a href=\"https:\/\/bit.ly\/3DXmZnr\">LinkedIn<\/a>) has been appointed as <strong>c<\/strong><strong>hief business officer<\/strong> at <strong>Etisalat Misr<\/strong>, anonymous sources tell <a href=\"https:\/\/bit.ly\/38S0HFw\">local media<\/a><strong>.<\/strong> Hegazy has more than 12 years of experience in the telecom industry, and served as the company\u2019s chief corporate affairs officer for almost five years prior to his new position. Hegazy will begin his position on 1 October, and succeeds Khaled Zian (<a href=\"https:\/\/eg.linkedin.com\/in\/khaled-zayan-3726435\">LinkedIn<\/a>).<\/p>\n<p><strong>Prime Fintech<\/strong> has appointed <strong>Fady Rafla<\/strong> (<a href=\"https:\/\/eg.linkedin.com\/in\/frafla\">LinkedIn<\/a>) as the company\u2019s<strong> managing director, <\/strong>according to <a href=\"https:\/\/bit.ly\/3yUGEAI\">Hapi Journal<\/a>. Rafla was previously chief digital information officer at Prime Fintech factoring and leasing arm Endorse. Shereen Altaher (<a href=\"https:\/\/eg.linkedin.com\/in\/shereen-altaher-7a7b6511a\">LinkedIn<\/a>) has been tapped as managing director of Endorse, and succeeds Mervat Erian (<a href=\"https:\/\/eg.linkedin.com\/in\/mervat-erian-4b57561\">LinkedIn<\/a>) who has stepped down as CEO and managing director.<\/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\/etisalat\/\">Etisalat<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/khaled-hegazy\/\">Khaled Hegazy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moves\/\">moves<\/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=\"557200\" 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=\"557200\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Kudos<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/matouk-bassiouny-up-for-6-awards-at-2021-iflr-middle-east-awards\/\">\r\n                            Matouk Bassiouny up for 6 awards at 2021 IFLR Middle East Awards                        <\/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\/2021\/09\/09\/matouk-bassiouny-up-for-6-awards-at-2021-iflr-middle-east-awards\/\" 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\/2021\/09\/09\/matouk-bassiouny-up-for-6-awards-at-2021-iflr-middle-east-awards\/')\">\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\/2021\/09\/09\/matouk-bassiouny-up-for-6-awards-at-2021-iflr-middle-east-awards\/\">\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=Matouk Bassiouny up for 6 awards at 2021 IFLR Middle East Awards&url=https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/matouk-bassiouny-up-for-6-awards-at-2021-iflr-middle-east-awards\/\">\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\/2021\/09\/09\/matouk-bassiouny-up-for-6-awards-at-2021-iflr-middle-east-awards\/&title=Matouk Bassiouny up for 6 awards at 2021 IFLR Middle East Awards\">\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=Matouk+Bassiouny+up+for+6+awards+at+2021+IFLR+Middle+East+Awards+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F09%2Fmatouk-bassiouny-up-for-6-awards-at-2021-iflr-middle-east-awards%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\/2021\/09\/09\/matouk-bassiouny-up-for-6-awards-at-2021-iflr-middle-east-awards\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557200\" class=\"content-area-description single-story post-557200 post type-post status-publish format-standard hentry category-kudos tag-big-data tag-cit-ministry tag-enterpriseam tag-kudos tag-matouk-bassiouny-hennawy tag-tarek-amer wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Law firms <strong>Matouk Bassiouny & Hennawy and Matouk Bassiouny UAE<\/strong> have been <strong>shortlisted for six awards <\/strong>at the <strong>IFLR Middle East Awards 2021<\/strong>, according to <a href=\"https:\/\/ent.news\/2021\/9\/Matouk-Bassiouny-Press-Release-8-September-2021.pdf\">a press release (pdf)<\/a>. The nominations include M&A transaction of the year for their work as Egyptian counsel to First Abu Dhabi Bank on its acquisition of Bank Audi\u2019s subsidiary in Egypt.<\/p>\n<p>The <strong>ICT Ministry<\/strong> has partnered with Amazon subsidiary <strong>Amazon Web Services<\/strong> (AWS) to <strong><a href=\"https:\/\/bit.ly\/3jIcz2V\">offer 500 scholarships<\/a><\/strong> for <strong>professional training in big data and analytics<\/strong>. Trainees will study online in courses designed by AWS for a professional certificate that ICT Minister Amr Talaat said would be recognized globally.<\/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\/big-data\/\">big data<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cit-ministry\/\">CIT ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kudos\/\">KUDOS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/matouk-bassiouny-hennawy\/\">Matouk Bassiouny &amp; Hennawy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tarek-amer\/\">Tarek Amer<\/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=\"557201\" 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                            \"\r\n            id=\"557201\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/557201\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557201\" class=\"content-area-description single-story post-557201 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class='web-image'><a href='https:\/\/www.sodic.com\/'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/7\/Sodic-June-MV-Palm-1600px.jpg?ssl=1\" alt='enterprise'><\/a><\/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=\"557202\" 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=\"557202\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/last-nights-talk-shows-on-the-arab-gas-pipeline-an-imminent-mogamma-announcement-and-the-man-on-whose-shoulders-our-world-cup-dreams-now-rest\/\">\r\n                            Last Night\u2019s Talk Shows on the Arab Gas Pipeline, an imminent Mogamma announcement, and the man on whose shoulders our World Cup dreams now rest                        <\/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\/2021\/09\/09\/last-nights-talk-shows-on-the-arab-gas-pipeline-an-imminent-mogamma-announcement-and-the-man-on-whose-shoulders-our-world-cup-dreams-now-rest\/\" 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\/2021\/09\/09\/last-nights-talk-shows-on-the-arab-gas-pipeline-an-imminent-mogamma-announcement-and-the-man-on-whose-shoulders-our-world-cup-dreams-now-rest\/')\">\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\/2021\/09\/09\/last-nights-talk-shows-on-the-arab-gas-pipeline-an-imminent-mogamma-announcement-and-the-man-on-whose-shoulders-our-world-cup-dreams-now-rest\/\">\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=Last Night\u2019s Talk Shows on the Arab Gas Pipeline, an imminent Mogamma announcement, and the man on whose shoulders our World Cup dreams now rest&url=https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/last-nights-talk-shows-on-the-arab-gas-pipeline-an-imminent-mogamma-announcement-and-the-man-on-whose-shoulders-our-world-cup-dreams-now-rest\/\">\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\/2021\/09\/09\/last-nights-talk-shows-on-the-arab-gas-pipeline-an-imminent-mogamma-announcement-and-the-man-on-whose-shoulders-our-world-cup-dreams-now-rest\/&title=Last Night\u2019s Talk Shows on the Arab Gas Pipeline, an imminent Mogamma announcement, and the man on whose shoulders our World Cup dreams now rest\">\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=Last+Night%E2%80%99s+Talk+Shows+on+the+Arab+Gas+Pipeline%2C+an+imminent+Mogamma+announcement%2C+and+the+man+on+whose+shoulders+our+World+Cup+dreams+now+rest+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F09%2Flast-nights-talk-shows-on-the-arab-gas-pipeline-an-imminent-mogamma-announcement-and-the-man-on-whose-shoulders-our-world-cup-dreams-now-rest%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\/2021\/09\/09\/last-nights-talk-shows-on-the-arab-gas-pipeline-an-imminent-mogamma-announcement-and-the-man-on-whose-shoulders-our-world-cup-dreams-now-rest\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557202\" class=\"content-area-description single-story post-557202 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterpriseam tag-jordan tag-last-nights-talk-shows tag-lebanon tag-mogamma-el-tahrir tag-oil-and-gas tag-sports tag-syria tag-tahrir-square wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Attempts to revive the Arab Gas Pipeline in order to pump gas to crisis-stricken <\/strong><strong>Lebanon <\/strong>were at the top of the agenda of last night\u2019s talk shows. In a joint press conference between the Egyptian, Jordanian, Syrian and Lebanese energy ministers, Egyptian Oil Minister Tarek El Molla said that the meeting aimed to set out a roadmap for the coming weeks to coordinate work to get the pipeline up and running. He added that technical work would be carried out on the pipeline's infrastructure, while some clauses of the preexisting contract also need to be reviewed. Ala Mas\u2019ouleety (<a href=\"https:\/\/www.facebook.com\/AhmedMoussaEG\/videos\/287155989426616\">watch, runtime: 4:25<\/a>) and Al Hayah Al Youm (watch, runtime: <a href=\"https:\/\/www.youtube.com\/watch?v=HNXR4ee-v6s\">2:28<\/a> | <a href=\"https:\/\/www.youtube.com\/watch?v=Km1FN7JLOlw\">2:43<\/a>) had the story. We have the full story in this morning\u2019s Speed Round, above.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>The government will announce which company will be handed the <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f302005a-4921-4dbb-8223-bea106883cf9\">contract to redevelop Tahrir Square\u2019s<\/a><\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f302005a-4921-4dbb-8223-bea106883cf9\">Mogamma<\/a><\/strong><strong> by the <\/strong><strong><a href=\"https:\/\/www.masrawy.com\/news\/news_economy\/details\/2021\/9\/8\/2086011\/%D9%88%D8%B2%D9%8A%D8%B1%D8%A9-%D8%A7%D9%84%D8%AA%D8%AE%D8%B7%D9%8A%D8%B7-%D9%84%D9%85%D8%B5%D8%B1%D8%A7%D9%88%D9%8A-%D8%A7%D8%AE%D8%AA%D9%8A%D8%A7%D8%B1-%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%8A%D9%86-%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D9%85%D8%AC%D9%85%D8%B9-%D8%A7%D9%84%D8%AA%D8%AD%D8%B1%D9%8A%D8%B1-%D9%86%D9%87%D8%A7%D9%8A%D8%A9-%D8%A7%D9%84%D8%B4%D9%87%D8%B1\">end of the month<\/a><\/strong>, Planning Minister Hala El Said said on the sidelines of the Egypt-International Cooperation Forum yesterday. The decision will be made following a week of meetings to judge the bids submitted by four separate consortiums of local and Arab companies to develop and run the Mogamma site in partnership with the state. Masaa DMC (<a href=\"https:\/\/www.youtube.com\/watch?v=vmZEl994zeA\">watch, runtime: 1:01<\/a>) had the details.<\/p>\n<p>Meanwhile, Masaa DMC (<a href=\"https:\/\/www.youtube.com\/watch?v=V73hJSUjZAk\">watch, runtime: 3:18<\/a>) and Yahduth Fi Masr (<a href=\"https:\/\/www.youtube.com\/watch?v=V73hJSUjZAk\">watch, runtime: 8:01<\/a>) also featured <strong>star Portuguese coach Carlos Queiroz\u2019s appointment as Egypt\u2019s manager<\/strong>, replacing Hossam El Badry, who was sacked after Sunday\u2019s tie with Gabon.<\/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\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/last-nights-talk-shows\/\">LAST NIGHT\u2019S TALK SHOWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/lebanon\/\">Lebanon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mogamma-el-tahrir\/\">Mogamma El Tahrir<\/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\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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<\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"557204\" 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=\"557204\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/ex-real-madrid-boss-carlos-queiroz-named-new-egypt-manager\/\">\r\n                            Ex Real Madrid boss Carlos Queiroz named new Egypt manager                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div 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         \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/ex-real-madrid-boss-carlos-queiroz-named-new-egypt-manager\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557204\" class=\"content-area-description single-story post-557204 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt just appointed a superstar football coach to head the national team<\/strong>: Former Real Madrid boss, Man United assistant coach, and Portuguese manager Carlos Queiroz has been appointed Egypt\u2019s new coach, after <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3ad64a65-1849-4596-8d53-b28bff713a6d\">the sacking of Hossam El Badry<\/a> earlier this week.<\/p>\n<p><strong>The news tops the coverage in the foreign press this morning:<\/strong> <a href=\"https:\/\/sports.yahoo.com\/egypt-name-ex-real-madrid-153025689.html\">AFP<\/a> | <a href=\"https:\/\/arabic.cnn.com\/sport\/article\/2021\/09\/08\/carlos-queiroz-coach-egypt-national-football-team\">CNN<\/a> | <a href=\"https:\/\/www.bbc.com\/sport\/africa\/58480630\">BBC<\/a> | <a href=\"https:\/\/www.goal.com\/en\/news\/carlos-queiroz-egypt-hire-former-real-madrid-coach\/qltfy2odc05o1o237wllg6rey\">Goal<\/a> | <a href=\"https:\/\/www.beinsports.com\/en\/fifa-world-cup-qatar-2022-the-countdown\/news\/carlos-queiroz-confirmed-as-egypt-coach\/1746694\">Bein Sports<\/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\/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=\"557205\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"557206\" 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=\"557206\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">COVID WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/egypt-has-handed-out-11-mn-covid-shots-zayed\/\">\r\n                            Egypt has handed out 11 mn covid shots - Zayed                        <\/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\/2021\/09\/09\/egypt-has-handed-out-11-mn-covid-shots-zayed\/\" 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\/2021\/09\/09\/egypt-has-handed-out-11-mn-covid-shots-zayed\/')\">\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\/2021\/09\/09\/egypt-has-handed-out-11-mn-covid-shots-zayed\/\">\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=Egypt has handed out 11 mn covid shots - Zayed&url=https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/egypt-has-handed-out-11-mn-covid-shots-zayed\/\">\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\/2021\/09\/09\/egypt-has-handed-out-11-mn-covid-shots-zayed\/&title=Egypt has handed out 11 mn covid shots - Zayed\">\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=Egypt+has+handed+out+11+mn+covid+shots+-+Zayed+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F09%2Fegypt-has-handed-out-11-mn-covid-shots-zayed%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\/2021\/09\/09\/egypt-has-handed-out-11-mn-covid-shots-zayed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557206\" class=\"content-area-description single-story post-557206 post type-post status-publish format-standard hentry category-covid-watch tag-covid-19 tag-enterpriseam tag-higher-education-ministry tag-khaled-abdel-ghaffar tag-vaccines wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The government has handed out a total of 11 mn covid shots since it started its<\/strong> <strong>vaccination program in January<\/strong>, Health Ministry Hala Zayed <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/219879856849109\">said<\/a> during a cabinet meeting yesterday. The minister didn\u2019t disclose how many people have now been fully vaccinated and how many have received the first dose.<\/p>\n<p><strong>In detail:<\/strong> More than 2 mn covid vaccines have been distributed to public sector administrative workers, including some 600k employees in the Education Ministry who received jabs during the past two weeks, Zayed said. Half a mn doses have been delivered for universities, and another 500k others will be delivered next week, she said. Higher Education Minister Khaled Abdel Ghaffar <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/220016306835464\">said during the meeting<\/a> that 154.5k doses had been administered at university vaccine centers by Tuesday, 80% of which were first doses.<\/p>\n<p><strong>New vaccination targets:<\/strong> The government \u2014 which recently <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/71c3cf55-0d81-4e27-9c45-fdfa92e1ef33\">made vaccination compulsory<\/a> for education, health and administrative workers \u2014 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/71c3cf55-0d81-4e27-9c45-fdfa92e1ef33\">last month announced ambitious targets<\/a> to hand at least one dose of a vaccine to some 35 mn people over the coming three months. The plan would see more than half of the 60 mn people eligible for vaccination receive a shot.<\/p>\n<p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/156021660042390\">reported<\/a><\/strong><strong> 399 new covid-19 infections yesterday<\/strong>, up from 378 the day before. Egypt has now disclosed a total of 291,172 confirmed cases of covid-19. The ministry also reported 13 new deaths, bringing the country\u2019s total death toll to 16,824.<\/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\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/higher-education-ministry\/\">Higher Education Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/khaled-abdel-ghaffar\/\">Khaled Abdel Ghaffar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vaccines\/\">vaccines<\/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=\"557207\" 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=\"557207\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/el-salvador-wont-stop-btc-from-going-to-the-moon-according-to-standard-chartered\/\">\r\n                            El Salvador won\u2019t stop BTC from going to the moon, according to Standard Chartered                        <\/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\/2021\/09\/09\/el-salvador-wont-stop-btc-from-going-to-the-moon-according-to-standard-chartered\/\" 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\/2021\/09\/09\/el-salvador-wont-stop-btc-from-going-to-the-moon-according-to-standard-chartered\/')\">\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\/2021\/09\/09\/el-salvador-wont-stop-btc-from-going-to-the-moon-according-to-standard-chartered\/\">\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=El Salvador won\u2019t stop BTC from going to the moon, according to Standard Chartered&url=https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/el-salvador-wont-stop-btc-from-going-to-the-moon-according-to-standard-chartered\/\">\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\/2021\/09\/09\/el-salvador-wont-stop-btc-from-going-to-the-moon-according-to-standard-chartered\/&title=El Salvador won\u2019t stop BTC from going to the moon, according to Standard Chartered\">\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=El+Salvador+won%E2%80%99t+stop+BTC+from+going+to+the+moon%2C+according+to+Standard+Chartered+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F09%2F09%2Fel-salvador-wont-stop-btc-from-going-to-the-moon-according-to-standard-chartered%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\/2021\/09\/09\/el-salvador-wont-stop-btc-from-going-to-the-moon-according-to-standard-chartered\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557207\" class=\"content-area-description single-story post-557207 post type-post status-publish format-standard hentry category-planet-finance tag-cryptocurrency tag-enterpriseam tag-financial-markets tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_408150\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408151.svg\" alt=\"\" class=\"wp-image-408151\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><a class=\"content-anchor\" id=\"tldr-story-10\"><\/a><strong> BTC will double in value and hit USD 100k by early 2022<\/strong>, a Standard Chartered research team is predicting, <a href=\"https:\/\/www.reuters.com\/technology\/standard-chartered-sees-bitcoin-hitting-100000-by-early-next-year-2021-09-08\/\">Reuters<\/a> reports. \u201cBTC may become the dominant peer-to-peer payment method for the global unbanked in a future cashless world,\u201d the team said in a note sent to clients. BTC\u2019s value <a href=\"https:\/\/www.wsj.com\/articles\/bitcoin-price-struggles-to-stabilize-after-flash-crash-11631100259?mod=markets_lead_pos1\">sat steady yesterday<\/a> after a major selloff on Tuesday triggered by El Salvador\u2019s adoption of the tokens as a legal tender, which left the cryptocurrency down 10%.<\/p><div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table table-striped markets-table\">\n<tbody>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>11,135<\/p>\n<\/td>\n<td>\n<p>+0.4% (YTD: +2.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.66<\/p>\n<\/td>\n<td>\n<p>Sell 15.76<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD a<\/strong><strong>t<\/strong><strong> CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.66<\/p>\n<\/td>\n<td>\n<p>Sell 15.76<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>11,455<\/p>\n<\/td>\n<td>\n<p>+0.4% (YTD: +31.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>7,771<\/p>\n<\/td>\n<td>\n<p>+0.7% (YTD: +54.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,906<\/p>\n<\/td>\n<td>\n<p>-0.1% (YTD: +16.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>4,514<\/p>\n<\/td>\n<td>\n<p>-0.1% (YTD: +20.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>7,095<\/p>\n<\/td>\n<td>\n<p>-0.8% (YTD: +9.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 72.60<\/p>\n<\/td>\n<td>\n<p>+1.3%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 4.92<\/p>\n<\/td>\n<td>\n<p>+7.5%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,791.60<\/p>\n<\/td>\n<td>\n<p>-0.1%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 46,655<\/p>\n<\/td>\n<td>\n<p>-0.6% (as of midnight)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><p><strong>THE CLOSING BELL-<\/strong><\/p><p><strong>The EGX30 rose 0.4% at yesterday\u2019s close<\/strong> on turnover of EGP 1.4 bn (81% below the 90-day average). Egyptian investors were net buyers. The index is up 2.7% YTD.<\/p><p><strong>In the green: <\/strong>Speed Medical (+2.6%), Orascom Development Egypt (+2.6%) and Oriental Weavers (+2.5%).<\/p><p><strong>In the red: <\/strong>Raya (-2.7%), Sidi Kerir Petrochemicals (-1.5%) and CIRA (-1.2%).<\/p><p><strong>Asian markets are up\/down in early trading this morning<\/strong> and futures suggest xx<sup><\/sup><\/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\/cryptocurrency\/\">cryptocurrency<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-markets\/\">Financial Markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/planet-finance\/\">Planet Finance<\/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=\"557208\" 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=\"557208\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/my-morning-routine-heba-shunbo-co-founder-of-the-four-fat-ladies\/\">\r\n                            My Morning Routine: Heba Shunbo, co-founder of The Four Fat Ladies                        <\/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\/2021\/09\/09\/my-morning-routine-heba-shunbo-co-founder-of-the-four-fat-ladies\/\" 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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Speaking to us this week is Heba Shunbo, podcaster, author and co-founder of The Four Fat Ladies.<\/p>\n<p><strong>Edited excerpts from our conversation:<\/strong><\/p>\n<p><strong>My name is Heba Shunbo. I\u2019m the co-founder of <\/strong><strong><a href=\"https:\/\/www.facebook.com\/TheFourFatLadies\/\">The Four Fat Ladies<\/a><\/strong><strong>, a podcaster, and the <\/strong><strong><a href=\"https:\/\/diwanegypt.com\/book_author\/heba-shunbo\/\">author<\/a><\/strong><strong> of the newly published book, <\/strong><strong><a href=\"https:\/\/www.mommyshappyhour.com\/\">Mommy\u2019s Happy Hour<\/a><\/strong>, which shares the same title with my podcast. I'm a mother of three-and-a-half-year-old twins. Since 2015, I\u2019ve been mainly focused on The Four Fat Ladies, but interior design has been my passion since 2006. I\u2019ve also been loving my recently discovered hobby: my podcast, Mommy\u2019s Happy Hour, which was the natural follow up to my book.<\/p>\n<p><strong>Though I\u2019m juggling several projects, my main focus is still The Four Fat Ladies<\/strong>. I'm the co-founder along with my two sisters. We always had a passion for baking and it's very dear to our hearts, so in 2012, we decided to open a bakery together. My oldest sister doesn\u2019t live here, so her role in the business is limited, and my younger sister and I mainly manage the business. We've hit many milestones, and we partnered up with TBS in 2015. But we have more plans for 2022.<\/p>\n<p><strong>And the fourth lady?<\/strong> Is our mother.<\/p>\n<p><strong>My book, as the title suggests, revolves around motherhood:<\/strong> It is very much about surviving the first year of motherhood because for me, it was really tough. I had postpartum depression, a topic that people generally do not talk about. The book was my cathartic journey through my depression; it was my way of expressing myself through humor.<\/p>\n<p><strong>I\u2019m an introvert, but I'm very open about my life in my podcast and my book<\/strong>. I had suffered from infertility for many years. My goal was to have kids, but when I finally did get pregnant \u2014 at the age of 41 \u2014 I realized that it wasn't a happily-ever-after story. I didn't want to seem unappreciative, but at times, I was just having a hard time. My book and podcast made me realize there's nothing wrong with being vulnerable.<\/p>\n<p><strong>Season 1 of my podcast: <\/strong>I dropped 16 episodes in season one, which I had to fit in between all my other work, The Four Fat Ladies, interior design projects, being a new mother, a wife, etc. For my podcast, I interview different women from around the globe to talk about how, as women, we strike that balance between the many different roles we play, all while maintaining our sanity. For some of the episodes, I thought it would be fun to add a male perspective, and so I invited my husband to co-host with me.<\/p>\n<p><strong>I'm launching season 2 on 15 September <\/strong>with a \u201cMen are from Mars, Women are from Venus\u201d type interview. Both my husband and I co-host this episode and our guests, Farah & Yehia are a couple who have happily decided not to have kids. We talk about our differences and similarities, and tackle other hush-hush topics. My aim is to get a dialogue going about taboo topics that people shy away from, in a more creative and fun way.<\/p>\n<p><strong>I'm part of The 5am Club<\/strong>, but I\u2019m not diehard. I fall off the wagon at times and then I get back on it. I love to get that hour of alone time in the morning before my kids are up, I find time to meditate, read something interesting and do some journaling. I usually work out or do yoga. I\u2019m definitely a morning person.<\/p>\n<p><strong>My average day at work involves the same thing most of the time.<\/strong> I've been doing this for six years, so I know what to expect. When I\u2019m at the office, we troubleshoot any problems, we work within a team, make sure sales and managers are okay, and handle complaints. We focus on the seasons, during which we launch new products and come up with new marketing campaigns and brand stores. Our main season is fall and Christmas, which is my personal favorite time of year, and it's always a chance to come up with new products. This past summer we had the chance to set up our fridges in Total Gas stations in Marina 4 and 5, and also launched our ice cream product this summer, which is a nice addition that complements the rest of our menu.<\/p>\n<p><strong>My moments of creativity come in spurts<\/strong>. Some people can push themselves, but I can't. It has to come naturally. When it came to writing my book, it took me a very long time to get the ball rolling. I knew what I wanted to write, but wasn't sure exactly where to start. I wrote and rewrote the first two chapters over the course of four months. But once I got the style done, then it flowed pretty well and I finally finished the book within four months.<\/p>\n<p><strong>WFH made me depressed actually<\/strong>, because for me, I had my kids and everything else at home. I needed a break. I needed to get out of the house. I most definitely need the balance between getting work done and getting some downtime. When the pandemic happened, my kids were two and a half, so there was a lot of chaos at home. It was very difficult to focus or switch off. When I lose focus, I must get out and connect with a friend or family member.<\/p>\n<p><strong>There are so many books that I would recommend<\/strong>. I love <a href=\"https:\/\/www.amazon.com\/AM-Club-Morning-Elevate-Life\/dp\/1443456624\">Robin Sharma's The 5 AM Club<\/a>. I loved <a href=\"https:\/\/www.goodreads.com\/book\/show\/24453082-big-magic\">Big Magic by Elizabeth Gilbert<\/a> that I read just recently. The last book I read was <a href=\"https:\/\/www.amazon.com\/Daring-Greatly-Courage-Vulnerable-Transforms\/dp\/1592408419\">Brene Brown's Daring Greatly<\/a>. My favorite book is <a href=\"https:\/\/www.goodreads.com\/book\/show\/18144590-the-alchemist\">The Alchemist by Paulo Coelho<\/a>. I love Lewis Howes\u2019 podcast the <a href=\"https:\/\/lewishowes.com\/sogpodcast\/\">School of Greatness<\/a>. Jenna Kutcher has her <a href=\"https:\/\/jennakutcherblog.com\/goal-digger-podcast\/\">Goal Digger podcast<\/a>, which is also great. I am currently reading <a href=\"https:\/\/www.goodreads.com\/book\/show\/38743564-billion-dollar-whale\">Bn USD Whale<\/a> by Tom Wright and Bradley Hope, which is one of the most gripping true stories I\u2019ve ever read, it\u2019s insane!<\/p>\n<p><strong>You'll never be ready to have kids \u2014 whether you\u2019re in your 20s or your 40s, <\/strong>that\u2019s the best piece of advice that I got from my sister. I always wanted to be completely ready, but apparently it's never the perfect time. Another piece of advice that I follow more as I\u2019ve gone into my forties is the quote by Rober Schuller; \u201cbetter to do something imperfectly than to do nothing flawlessly.\u201d And it's so true, as I prefer to move than to just stand still waiting for everything to align perfectly, which most likely will never happen.<\/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\/my-morning-routine\/\">MY MORNING ROUTINE<\/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=\"557210\" 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\/2021\/09\/09\/your-essential-business-calendar-on-9-september-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-557210\" class=\"content-area-description single-story post-557210 post type-post status-publish format-standard hentry category-calendar tag-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> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>5-12 September (Sunday-Sunday): <a href=\"https:\/\/alolabor.org\/20527\/\">Arab Labor Conference<\/a>, the InterContinental CityStars Hotel, Cairo, Egypt.<\/p>\n<p>7-9 September (Tuesday-Thursday): <a href=\"https:\/\/www.egyhealthexpo.com\/\">Egy Health Expo<\/a>, Al Manara International Conference, Cairo, Egypt.<\/p>\n<p>8-9 September (Wednesday-Thursday): <a href=\"https:\/\/ent.news\/2021\/8\/Press-release_ICF_arabic.pdf\">Egypt-International Cooperation Forum (ICF)<\/a>, Cairo<\/p>\n<p>11-12 September (Saturday-Sunday): <a href=\"https:\/\/10times.com\/icess-egypt\">International Conferences on Economics and Social Sciences<\/a>, Cairo<\/p>\n<p>12 September (Sunday): International schools begin 2021-2022 academic year.<\/p>\n<p>12-15 September (Sunday-Wednesday): Sahara Expo: the 33rd International Agricultural Exhibition for Africa and the Middle East.<\/p>\n<p>13 September (Monday): Environment Minister Yasmine Fouad will give a guest speech at AmCham\u2019s monthly virtual event,<\/p>\n<p>13-21 September (Monday-Tuesday): EFG Hermes\u2019 fourth Virtual Investor Conference.<\/p>\n<p>14-30 September (Tuesday-Thursday): <a href=\"https:\/\/www.un.org\/en\/ga\/\">76th session of the UN General Assembly<\/a>, New York.<\/p>\n<p>15 September (Wednesday): The <a href=\"https:\/\/bit.ly\/3dp0wnB\">CFO Leadership & Strategy Summit<\/a> is taking place in Egypt.<\/p>\n<p>16 September (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>18 September (Saturday): Expiration of<a href=\"https:\/\/www.rudaw.net\/english\/middleeast\/iraq\/19092020\">United Nations Investigative Team<\/a> to Promote Accountability for Crimes Committed by Daesh\/ISIL<\/p>\n<p>21-22 September (Tuesday-Wednesday): The Federal Reserve meets to review interest rates.<\/p>\n<p>22-25 September (Wednesday-Saturday): <a href=\"https:\/\/www.cityscapeegypt.com\/en\/Home.html\">Cityscape Egypt<\/a>, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>29 September (Wednesday): <a href=\"https:\/\/devopsdays.org\/events\/2021-cairo\/welcome\/\">DevOpsDays Cairo 2021<\/a> is being organized by ITIDA and the Software Engineering Competence Center in cooperation with DXC Technology, IBM Egypt and Orange Labs.<\/p>\n<p>30 September-2 October (Thursday-Saturday): Egypt Projects 2021 expo, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>30 September-8 October (Thursday-Friday): The Cairo International Fair, Cairo International Conference Center, Cairo, Egypt.<\/p>\n<p>30 September: Closing of 2021\u2019s first oil and gas <a href=\"https:\/\/eug.petroleum.gov.eg\/dp\/pages\/common\/BidroundHighlights.jsp\">tender<\/a> in the Gulf of Suez, Western Desert, and the Mediterranean.<\/p>\n<p>October: New legislative session begins \u2014 must be held by the first Thursday of October.<\/p>\n<p>October: Romanian President Klaus Iohannis <a href=\"https:\/\/bit.ly\/3z0gaic\">could visit Egypt<\/a> in mid this month to discuss ways to boost tourism cooperation between the two countries.<\/p>\n<p>1 October (Friday): Businesses importing goods at seaports will need to file shipping documents and cargo data digitally to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9bf7988d-19f6-45a6-ada1-65d7c23ec723\">the Advance Cargo Information (ACI) system<\/a>.<\/p>\n<p>1 October (Friday): Expo 2020 Dubai opens.<\/p>\n<p>1 October (Friday): State-owned companies and government service bodies selling goods and services to customers that <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/178309171006178\">have not yet signed on to the e-invoicing platform<\/a> will suffer a host of penalties, including removal from large taxpayer classification, losing access to government services and business, and losing subsidies.<\/p>\n<p>6 October (Wednesday): Armed Forces Day.<\/p>\n<p>7 October (Thursday): National holiday in observance of Armed Forces Day.<\/p>\n<p>9 October (Saturday): Public schools begin 2021-2022 academic year<\/p>\n<p>11-17 October (Monday-Sunday): <a href=\"https:\/\/www.worldbank.org\/en\/meetings\/splash\/annual\">IMF + World Bank Annual Meetings<\/a>.<\/p>\n<p>12-14 October (Tuesday-Thursday): Mediterranean Offshore Conference, Alexandria, Egypt.<\/p>\n<p>18 October (Monday): Prophet\u2019s Birthday.<\/p>\n<p>21 October (Thursday): National holiday in observance of the Prophet\u2019s Birthday.<\/p>\n<p>24-28 October (Sunday-Thursday) <a href=\"https:\/\/www.cairowaterweek.eg\/\">Cairo Water Week<\/a>, Cairo, Egypt.<\/p>\n<p>27-28 October (Wednesday-Thursday) <a href=\"https:\/\/platforms-root-technologies.com\/icec-2021\/\">Intelligent Cities Exhibition & Conference<\/a>, Royal Maxim Palace Kempinski, Cairo, Egypt.<\/p>\n<p>28 October (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>30 October - 4 November (Saturday-Thursday): The first edition of <a href=\"https:\/\/globalswimseries.com\/ryan-lochte-announces-first-race-the-legends-event-in-egypt\/\">Race The Legends<\/a>, Egypt.<\/p>\n<p>November: The French-Egyptian Business Forum is set to take place in the Suez Canal Economic Zone.<\/p>\n<p>November: Egypt will <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/163314772505618\">host another round of talks<\/a> to reach a potential Egyptian-Eurasian trade agreement, which can significantly contribute to increasing the volume of Egyptian exports to the Russia-led bloc that includes Armenia, Belarus, Kazakhstan and Kyrgyzstan.<\/p>\n<p>1-3 November (Monday-Wednesday): Egypt Energy exhibition on power and renewable energy, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>2-3 November (Tuesday-Wednesday): The Federal Reserve meets to review interest rates.<\/p>\n<p>1-12 November (Monday-Friday): 2021 United Nations Climate Change Conference (COP26), Glasgow, United Kingdom.<\/p>\n<p>16-17 November (Tuesday-Wednesday):<a href=\"https:\/\/africafintechsummit.com\">Africa fintech summit<\/a>, Cairo.<\/p>\n<p>26 November-5 December (Friday-Sunday): <a href=\"https:\/\/www.facebook.com\/CairoFilms\/photos\/a.386668088207064\/1611462495727611\/\">The 43rd Cairo International Film Festival<\/a>.<\/p>\n<p>29 November-2 December (Monday-Thursday): Egypt Defense Expo.<\/p>\n<p>7-8 December (Tuesday-Wednesday): <a href=\"https:\/\/northafricatradefinance.com\/\">North Africa Trade Finance Summit<\/a>.<\/p>\n<p>12-14 December (Sunday-Tuesday): <a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa Cairo<\/a> trade exhibition, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>13-17 December: United Nations Convention against Corruption, Sharm El Sheikh, Egypt.<\/p>\n<p>14-19 December (Tuesday-Sunday): <a href=\"https:\/\/www.facebook.com\/cifcet\/\">The Cairo International Festival for Experimental Theater<\/a>.<\/p>\n<p>14-15 December (Tuesday-Wednesday): The Federal Reserve meets to review interest rates.<\/p>\n<p>16 December (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>14-16 February 2022 (Monday-Wednesday): Egypt Petroleum Show, Egypt International Exhibition Center, New Cairo, Egypt.<\/p>\n<p>1H2022: The World Economic Forum annual meeting, location TBD.<\/p>\n<p>22-24 April 2022:<a href=\"http:\/\/sdg.iisd.org\/events\/2022-spring-meetings-of-the-world-bank-group-and-the-international-monetary-fund\/\">World Bank-IMF spring meeting<\/a>, Washington D.C.<\/p>\n<p>May 2022: Investment in Logistics Conference, Cairo, Egypt<\/p>\n<p>16 June 2022 (Thursday): End of 2021-2022 academic year for public schools<\/p>\n<p>27 June-3 July 2022 (Monday-Sunday): World University Squash Championships, New Giza.<\/p>\n<p><strong>**Note to readers:<\/strong> Some national holidays may appear twice above. Since 2020, Egypt has observed most mid-week holidays on Thursdays regardless of the day on which they fall and may also move those days to Sundays. We distinguish below between the actual holiday and its observance.<\/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":557183,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-557182","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"695410d8-76fd-4a95-8db7-c5b82d164471","teaser":"","photo_url":"https:\/\/ent.news\/2021\/9\/117.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>MNT-Halan announces blockbuster USD 120 mn fintech round - 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\/issues\/mnt-halan-announces-blockbuster-usd-120-mn-fintech-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MNT-Halan announces blockbuster USD 120 mn fintech round\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/mnt-halan-announces-blockbuster-usd-120-mn-fintech-round\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T01:35:32+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/117.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/mnt-halan-announces-blockbuster-usd-120-mn-fintech-round\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/mnt-halan-announces-blockbuster-usd-120-mn-fintech-round\/\",\"name\":\"MNT-Halan announces blockbuster USD 120 mn fintech round - 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