{"id":558858,"date":"2021-08-30T04:01:41","date_gmt":"2021-08-30T04:01:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=558858"},"modified":"2025-12-16T02:15:14","modified_gmt":"2025-12-16T02:15:14","slug":"cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/","title":{"rendered":"Cleopatra Hospitals, Orascom Construction make it official: We\u2019re in an earnings recovery"},"content":{"rendered":"<section id=\"558860\" 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=\"558860\">\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\/08\/30\/this-morning-hurricane-ida-slams-into-new-orleans-the-salacious-among-us-are-waiting-for-the-start-of-the-theranos-trial-tomorrow\/\">\r\n                            THIS MORNING: Hurricane Ida slams into New Orleans + the salacious among us are waiting for the start of the Theranos trial tomorrow                        <\/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\/08\/30\/this-morning-hurricane-ida-slams-into-new-orleans-the-salacious-among-us-are-waiting-for-the-start-of-the-theranos-trial-tomorrow\/\" 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\/08\/30\/this-morning-hurricane-ida-slams-into-new-orleans-the-salacious-among-us-are-waiting-for-the-start-of-the-theranos-trial-tomorrow\/')\">\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\/08\/30\/this-morning-hurricane-ida-slams-into-new-orleans-the-salacious-among-us-are-waiting-for-the-start-of-the-theranos-trial-tomorrow\/\">\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: Hurricane Ida slams into New Orleans + the salacious among us are waiting for the start of the Theranos trial tomorrow&url=https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/this-morning-hurricane-ida-slams-into-new-orleans-the-salacious-among-us-are-waiting-for-the-start-of-the-theranos-trial-tomorrow\/\">\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\/08\/30\/this-morning-hurricane-ida-slams-into-new-orleans-the-salacious-among-us-are-waiting-for-the-start-of-the-theranos-trial-tomorrow\/&title=THIS MORNING: Hurricane Ida slams into New Orleans + the salacious among us are waiting for the start of the Theranos trial tomorrow\">\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+Hurricane+Ida+slams+into+New+Orleans+%2B+the+salacious+among+us+are+waiting+for+the+start+of+the+Theranos+trial+tomorrow+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F08%2F30%2Fthis-morning-hurricane-ida-slams-into-new-orleans-the-salacious-among-us-are-waiting-for-the-start-of-the-theranos-trial-tomorrow%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\/08\/30\/this-morning-hurricane-ida-slams-into-new-orleans-the-salacious-among-us-are-waiting-for-the-start-of-the-theranos-trial-tomorrow\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558860\" class=\"content-area-description single-story post-558860 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-afghanistan tag-algeria tag-diplomacy tag-enterpriseam tag-foreign-affairs tag-libya tag-sameh-shoukry tag-taliban tag-theranos 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, wonderful people, and happy Monday to you all. <\/strong>With the mercury no longer routinely testing 40\u00b0C and the last weekend of summer coming up, we can already feel the pace of news accelerating as we head into fall.<\/p><p><strong>THE BIG STORY here at home this morning: We\u2019re officially in an earnings recovery<\/strong>, with EGX stalwarts Cleopatra Hospitals and Orascom Construction reporting blockbuster earnings yesterday. We have chapter and verse in this morning\u2019s Earnings Watch, below.<\/p><p><strong>Tomorrow is the last day of August.<\/strong> Here are the key new triggers coming up during the first half of September:<\/p><ul>\n<li><strong>PMI:<\/strong> August\u2019s PMI figures for Egypt, KSA and the UAE will land on Sunday, 5 September.<\/li>\n<li><strong>Foreign reserves:<\/strong> The central bank will release foreign reserves figures for August sometime next week.<\/li>\n<li><strong>Inflation:<\/strong> Inflation data for August will drop either next week.<\/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>WHAT\u2019S HAPPENING TODAY- Foreign Minister Sameh Shoukry is in <\/strong><strong>Algeria for a ministerial-level meeting of Libya\u2019s neighbors. <\/strong>Shoukry and colleagues will chew over prospects for a political settlement between Tripoli\u2019s unity government and eastern Libyan leader Khalifa Haftar, according to <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/143785754597946\">a statement<\/a> yesterday.<\/p><p><strong>TWO BIG STORIES INTERNATIONALLY <\/strong>are vying for your attention this morning.<\/p><p><strong>FIRST- Afghanistan has been pushed down the front page of most global media outfits <\/strong><strong>after a once-in-a-generation hurricane named \u201cIda\u201d slammed into New Orleans<\/strong>, leaving the entire city without power. The state of Louisiana is being battered by sea swells, heavy rains and flooding 16 years after Hurricane Katrina pummeled the area. The story leads front pages everywhere from <a href=\"https:\/\/www.wsj.com\/articles\/ida-intensifies-into-a-category-4-hurricane-poised-to-strike-new-orleans-on-sunday-11630244323\">the Wall Street Journal<\/a> and <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-08-29\/ida-makes-landfall-in-louisiana-with-winds-stronger-than-katrina?sref=mmeFTDW1\">Bloomberg<\/a> to the <a href=\"https:\/\/www.nytimes.com\/live\/2021\/08\/29\/us\/hurricane-ida-live-updates-new-orleans-louisiana\">New York Times<\/a> and <a href=\"https:\/\/www.reuters.com\/world\/us\/louisiana-braces-powerful-hurricane-covid-19-taxes-hospitals-2021-08-29\/\">Reuters<\/a>.<\/p><p><strong>SECOND- Tomorrow is the US deadline to pull its troops out of Kabul<\/strong>, and the news from Afghanistan is that the United States preemptively launched a drone strike against a vehicle the Daeshbags planned to use in another attack against Kabul Airport. The news comes as the <strong>Taliban say foreigners + Afghans with visas will be able to safely leave the <\/strong><strong>country even after US troops leave tomorrow. <\/strong>The US said in <a href=\"https:\/\/www.state.gov\/joint-statement-on-afghanistan-evacuation-travel-assurances\/\">a joint statement<\/a> with Canada, its European allies and dozens of other countries Sunday that the Taliban will allow safe passage out of Afghanistan to all foreign nationals and Afghan citizens with travel documents from another country. The story leads the front page of the <a href=\"https:\/\/www.ft.com\/content\/a60082b4-b48a-46fc-ab81-68a7628ff4f4\">Financial Times<\/a> and gets prominent play from <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/taliban-agrees-allow-afghans-leave-international-statement-says-2021-08-29\/\">Reuters<\/a>.<\/p><p><strong>The business story the scandal-mongers among us are following: Theranos founder <\/strong><strong>Elizabeth Holmes is going with the \u201cSvengali\u201d defense<\/strong>, alleging that her ex-boyfriend (and co-accused) Ramesh \u201cSunny\u201d Balwani made her do it. Recently unsealed documents suggest Holmes is going pin her defense on a claim that Balwani used [redacted] and emotional abuse to get her to do his bidding. The story is getting lots of ink from <a href=\"https:\/\/www.reuters.com\/world\/us\/theranos-founder-claims-abuse-by-ex-boyfriend-fraud-trial-court-filings-2021-08-28\/\">Reuters<\/a> and the <a href=\"https:\/\/www.wsj.com\/articles\/elizabeth-holmes-might-claim-abusive-relationship-in-criminal-fraud-defense-11630167496\">Wall Street Journal<\/a>. John Carreyrou, who <a href=\"https:\/\/www.wsj.com\/articles\/theranos-has-struggled-with-blood-tests-1444881901\">broke the Theranos story<\/a> at the Journal back in 2015 and <a href=\"https:\/\/www.amazon.com\/Bad-Blood-Secrets-Silicon-Startup-ebook\/dp\/B078VW3VM7\/\">literally wrote the book on it<\/a>, predicted in his <a href=\"https:\/\/twitter.com\/JohnCarreyrou\/status\/1431605053857665026?s=20\">new podcast on the case<\/a> that this is the road Holmes and her lawyers would likely go down. <strong>Look for the case to be back in the headlines tomorrow when Holmes\u2019 trial begins.<\/strong><\/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>CIRCLE YOUR CALENDAR-<\/strong><\/p><p><strong>OPEC+ is meeting on Wednesday<\/strong>, and oil producers are widely expected to proceed with plans to undo oil production cuts as oil prices recover, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-08-27\/opec-seen-sticking-to-planned-output-hike-as-oil-prices-rebound?srnd=premium-middle-east&amp;sref=mmeFTDW1\">a Bloomberg survey<\/a>.<\/p><p><strong>Egypt hosts <\/strong><strong><a href=\"https:\/\/digisignafrica.com\/\">Digi Sign Africa<\/a><\/strong><strong> this week:<\/strong> The three-day advertising and digital printing exhibition gets underway at the Cairo International Convention Centre on Wednesday, 1 September.<\/p><p><strong>Cypriot prez visiting this week:<\/strong> President Nicos Anastasiades arrives in Cairo on Saturday, 4 September for <a href=\"https:\/\/cyprus-mail.com\/2021\/08\/26\/first-cyprus-egypt-intergovernmental-summit-on-september-4\/\">a joint Egypt-Cyprus summit<\/a>.<\/p><p><strong>South Korea\u2019s Defense Minister will be in town this week. <\/strong>The two-day visit by Suh Wook is the first of its kind to Egypt by a Korean defense minister. Suh\u2019s meetings will include a sit-down with President Abdel Fattah El Sisi before the Korean minister moves on to Oman, the <a href=\"https:\/\/www.koreatimes.co.kr\/www\/nation\/2021\/08\/113_314606.html\">Korea Times<\/a> reports. The expectation is that Suh\u2019s visit will <a href=\"https:\/\/asharq.com\/latest-news\/61XzwxM1yiNkgPGFB92AVv\/\">help lay the groundwork<\/a> for a visit to Egypt by Korea\u2019s president in early 2022.<\/p><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><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. Blackboard appears every Monday in Enterprise in the place of our traditional industry news roundups.<\/p><p><strong>In today\u2019s issue:<\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6023ba0a-ee63-402a-85ab-30e14195456d\">Last week<\/a>, we saw international K-12 schools working hard to comply with the government directive that all staff and students aged 18+ be vaccinated ahead of the new academic year. Today, we take our question to private universities, and look at how ready they are to bring fully-vaccinated staff and students back on campus.<\/p>\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\/algeria\/\">Algeria<\/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\/foreign-affairs\/\">foreign affairs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/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\/taliban\/\">Taliban<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/theranos\/\">Theranos<\/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=\"558861\" 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=\"558861\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/558861\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558861\" class=\"content-area-description single-story post-558861 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 data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/SOMA-ENTERPRISE-COVEFINAL-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n<p>Dive into nature, where raw beauty reigns supreme. Wake up to breathtaking sunrises and enjoy a serene beach experience amongst family and friends at the Soma Coves beach. This is where you can fully immerse yourself into a picturesque vacation, any time of the year.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"558862\" 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=\"558862\">\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\/08\/30\/swvl-to-invest-up-to-usd-300-mn-globally-over-next-three-years\/\">\r\n                            Swvl to invest up to USD 300 mn globally over next three years                        <\/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\/08\/30\/swvl-to-invest-up-to-usd-300-mn-globally-over-next-three-years\/\" 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\/08\/30\/swvl-to-invest-up-to-usd-300-mn-globally-over-next-three-years\/')\">\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\/08\/30\/swvl-to-invest-up-to-usd-300-mn-globally-over-next-three-years\/\">\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=Swvl to invest up to USD 300 mn globally over next three years&url=https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/swvl-to-invest-up-to-usd-300-mn-globally-over-next-three-years\/\">\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\/08\/30\/swvl-to-invest-up-to-usd-300-mn-globally-over-next-three-years\/&title=Swvl to invest up to USD 300 mn globally over next three years\">\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=Swvl+to+invest+up+to+USD+300+mn+globally+over+next+three+years+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F08%2F30%2Fswvl-to-invest-up-to-usd-300-mn-globally-over-next-three-years%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\/08\/30\/swvl-to-invest-up-to-usd-300-mn-globally-over-next-three-years\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/299.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"558863\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/swvl-to-invest-up-to-usd-300-mn-globally-over-next-three-years\/299-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/299.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"299.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/299.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/299.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558862\" class=\"content-area-description single-story post-558862 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-enterpriseam tag-europe tag-investment-watch tag-ipo-watch tag-latin-america tag-shotl tag-spacs tag-swvl tag-transport 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-01\"><\/a> <strong>Mass transport startup Swvl is planning to invest USD 250-300 mn <\/strong><strong>over the next <\/strong><strong>three years<\/strong> to expand its global footprint, the company\u2019s CFO Youssef Salem told <a href=\"https:\/\/bit.ly\/38p6e66\">Al Mal<\/a>. The big ticket spending will come after the company completes its IPO on the Nasdaq, and will be used to help it enter new markets, he said, confirming the news to us.<\/p>\n<p><strong>Expansion plans:<\/strong> Swvl plans to start operating in four countries in Latin America and Southeast Asia including Brazil, Mexico and Malaysia before the end of the year, Al Mal quotes Salem as having said. It will then look to use these countries to launch into other regional markets including Colombia, Peru and Argentina. Nigeria and South Africa, which are longer-term targets for investment.<\/p>\n<p><strong>Swvl might have just got itself a base in Europe<\/strong> after <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/af5d2162-bf47-45d2-b982-46314e364512\">agreeing to acquire<\/a> the Barcelona-based startup Shotl earlier this month. A takeover would more than double Swvl\u2019s geographic footprint to include another 22 cities across 10 countries.<\/p>\n<p><strong>Nasdaq listing coming next quarter:<\/strong> Swvl said last month it would <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bfbf590f-581d-4b49-96b3-3ac733bb7fe3\">go public<\/a> on the Nasdaq in 4Q2021 through a merger with blank-check firm Queen\u2019s Gambit Growth Capital. The agreement values the company at around USD 1.5 bn, and the listing will raise the company\u2019s capital to USD 550 mn from USD 100+ mn today. Swvl is also <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f63d3ff5-2693-4e97-94c7-b4638ef57a75\">mulling an IPO on the EGX<\/a> in 2022-2023 and expects to become profitable for the first time in 2024, CFO Youssef Salem previously told Reuters.<\/p>\n<p><strong>Advisors:<\/strong> Barclay\u2019s is on board to advise on the listing along with other international financial advisors, Salem said.<\/p>\n<p><strong>Background:<\/strong> Queen\u2019s Gambit Growth Capital reportedly raised some USD 300 mn for the merger from a group of unnamed investors earlier this year and brought on an additional USD 45 mn in investment through the underwriters\u2019 overallotment option. An additional USD 100 mn private investment in public equity (PIPE) was raised by Agility, Luxor Capital Group LP and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c27d80cf-adda-4cb1-9ce5-5ff433e7de43\">Zain Group<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/europe\/\">Europe<\/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\/ipo-watch\/\">IPO watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/latin-america\/\">Latin America<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/shotl\/\">Shotl<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/spacs\/\">SPACs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/swvl\/\">Swvl<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/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=\"558864\" 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=\"558864\">\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\">DISPUTE WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/egyptian-investor-threatens-ethiopia-with-arbitration-suit-for-tigray-damages\/\">\r\n                            Egyptian investor threatens Ethiopia with arbitration suit for Tigray damages                        <\/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\/08\/30\/egyptian-investor-threatens-ethiopia-with-arbitration-suit-for-tigray-damages\/\" 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\/08\/30\/egyptian-investor-threatens-ethiopia-with-arbitration-suit-for-tigray-damages\/')\">\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\/08\/30\/egyptian-investor-threatens-ethiopia-with-arbitration-suit-for-tigray-damages\/\">\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=Egyptian investor threatens Ethiopia with arbitration suit for Tigray damages&url=https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/egyptian-investor-threatens-ethiopia-with-arbitration-suit-for-tigray-damages\/\">\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\/08\/30\/egyptian-investor-threatens-ethiopia-with-arbitration-suit-for-tigray-damages\/&title=Egyptian investor threatens Ethiopia with arbitration suit for Tigray damages\">\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=Egyptian+investor+threatens+Ethiopia+with+arbitration+suit+for+Tigray+damages+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F08%2F30%2Fegyptian-investor-threatens-ethiopia-with-arbitration-suit-for-tigray-damages%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\/08\/30\/egyptian-investor-threatens-ethiopia-with-arbitration-suit-for-tigray-damages\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/301.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"558865\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/egyptian-investor-threatens-ethiopia-with-arbitration-suit-for-tigray-damages\/301-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/301.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"301.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/301.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/301.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558864\" class=\"content-area-description single-story post-558864 post type-post status-publish format-standard has-post-thumbnail hentry category-dispute-watch tag-dispute-watch tag-enterpriseam tag-ethiopia tag-law 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-02\"><\/a> <strong>An Egyptian businessman is threatening to file an international arbitration case <\/strong><strong>against the Ethiopian government<\/strong> <strong>for alleged damages incurred as a result of the current conflict in Tigray<\/strong>, according to <a href=\"https:\/\/ent.news\/2021\/8\/%D8%A8%D9%8A%D8%A7%D9%86-%D8%B5%D8%AD%D9%81%D9%89.pdf\">a statement (pdf)<\/a> he released yesterday. Alaa El Sakty tells us that he is seeking USD 40 mn in damages after two of his companies Trafo Tech (<a href=\"https:\/\/ent.news\/2021\/8\/124793-%D8%B1%D8%AF-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A%D8%A9-%D8%A8%D8%A7%D8%AB%D9%8A%D9%88%D8%A8%D9%8A%D8%A7.jpeg\">pdf<\/a>) and Cynosure (<a href=\"https:\/\/ent.news\/2021\/8\/135658-%D8%B5%D9%88%D8%B1%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D8%AE%D8%B7%D8%A7%D8%A8.jpeg\">pdf<\/a>) suffered losses due to the fighting, and says he will take the case to the World Bank\u2019s <a href=\"https:\/\/icsid.worldbank.org\/\">International Center for Settlement of Investment Disputes (ICSID)<\/a> if Addis Ababa doesn\u2019t pay up.<\/p>\n<p><strong>Caught in the crossfire:<\/strong> Trafo and Cynosure are both based in the Egyptian industrial zone in the Tigrayan capital Mekelle, which has been hit hard by almost 10 months of fighting between local rebels and government forces. The companies say they have suffered huge losses after being forced to shutter operations months ago, and are demanding that the government pay compensation for the loss of revenues.<\/p>\n<p><strong>The legal case:<\/strong> The companies\u2019 legal representative, Ezzat Youssef, claims that by failing to protect the factories, Ethiopia is in breach of a <a href=\"https:\/\/edit.wti.org\/document\/show\/9dcc71fe-52fe-4b1a-8284-f15421aa940b\">2006 investment treaty<\/a> signed between the two countries that guarantees protection to investors. Under the agreement, Egypt and Ethiopia agreed to provide \u201cadequate protection and security\u201d to investors from each others\u2019 countries.<\/p>\n<p><strong>No dice?<\/strong> Sakty, who also heads the industrial zone and serves as the vice chair of the Investors\u2019 Union, said that he\u2019s hoping to settle the matter amicably with the government but will resort to the ICSID if they can\u2019t come to an agreement. Youssef has given Ethiopia six months to resolve the dispute before filing a case with the Washington-based arbitration center.<\/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\/dispute-watch\/\">dispute watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/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=\"558866\" 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=\"558866\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/the-great-2021-egyptian-earnings-recovery-continues\/\">\r\n                            The Great 2021 Egyptian Earnings Recovery continues                        <\/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\/08\/30\/the-great-2021-egyptian-earnings-recovery-continues\/\" 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\/08\/30\/the-great-2021-egyptian-earnings-recovery-continues\/')\">\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\/08\/30\/the-great-2021-egyptian-earnings-recovery-continues\/\">\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=The Great 2021 Egyptian Earnings Recovery continues&url=https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/the-great-2021-egyptian-earnings-recovery-continues\/\">\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\/08\/30\/the-great-2021-egyptian-earnings-recovery-continues\/&title=The Great 2021 Egyptian Earnings Recovery continues\">\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=The+Great+2021+Egyptian+Earnings+Recovery+continues+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F08%2F30%2Fthe-great-2021-egyptian-earnings-recovery-continues%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\/08\/30\/the-great-2021-egyptian-earnings-recovery-continues\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/304.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"558867\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/the-great-2021-egyptian-earnings-recovery-continues\/304-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/304.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"304.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/304.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/304.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558866\" class=\"content-area-description single-story post-558866 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-alexandria-medical-services tag-earnings-watch tag-enterpriseam tag-orascom-construction 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>Cleopatra sees another quarter of rapid growth:<\/strong> Cleopatra Hospitals Group (CHG) saw net earnings surge more than 6x to EGP 94.1 mn in 2Q2021, up from EGP 14 mn last year, according to the company\u2019s latest <a href=\"https:\/\/ent.news\/2021\/8\/Cleopatra-ER-2Q2021.pdf\">earnings release (pdf)<\/a>. Bottom line growth was underpinned by a solid increase in revenues, which almost doubled to EGP 643.6 mn from EGP 340.2 mn in 2Q2020.<\/p>\n<p><strong>Top-line growth came on the back of a 72% y-o-y hike in case numbers<\/strong>, as well as \u201cimproving utilization rates, an increasingly optimised service mix, and the effective ramp up of the group\u2019s newer revenue verticals,\u201d the company said. Patients served and consolidated revenue both managed to edge up 2% on an already <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c03c3d60-e8b2-4ec2-9f49-697b0e50807a\">strong first quarter<\/a>, despite the usual slowdown due to the Ramadan and Eid holidays. As in 1Q2021, CHG saw revenue from its established hospitals bolstered by its newer covid-19 services, outpatient pharmacy and diagnostics centers, and polyclinics, where revenues more than tripled y-o-y in the second quarter.<\/p>\n<p><strong>A covid rebound, and then some:<\/strong> Though the extent of the rebound is magnified by the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3344fbed-245d-4ec3-9d37-e1fbfd2ade67\">large fall in income<\/a> suffered during lockdown in 2Q2020, the second-quarter profits this year are well above the EGP 42.6 mn reported in the pre-covid era in 2Q2019, while revenues are almost 60% higher than in 2019.<\/p>\n<p><strong>Looking ahead: <\/strong>CHG is hoping to consolidate its first-half success into longer-term growth. The group wants to cement itself as the market leader in online and digitally-enhanced healthcare services under its digital transformation strategy, \u201ca key area of focus for the Group and one which we are confident will be a main driver of sustainable growth,\u201d CEO Ahmed Ezzeldin said. The firm is also planning for a post-covid future at its two designated coronavirus hospitals, Queens and El Katib. Otherwise, the focus will be on revenue diversification, quality enhancement, integration and expansion.<\/p>\n<p><strong>Whatever happened to the Alex Medical acquisition?<\/strong> A few months back, CHG was excited about its potential acquisition of Alexandria Medical Services, writing in its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c03c3d60-e8b2-4ec2-9f49-697b0e50807a\">1Q earnings release<\/a> that the acquisition would see CHG \u201cexpand its geographic footprint into Egypt\u2019s second-largest city while meeting the rising demand for high-quality healthcare in Alexandria.\u201d After a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8c06421e-7c3e-41fe-9f7f-eb6fce2ba842\">protracted bidding war<\/a>, Ezeldin says only that \u201cwe continue to assess potential opportunities to expand our geographic presence across our traditional Greater Cairo market and beyond.\u201d<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Orascom Construction net income almost tripled y-o-y in 2Q2021 <\/strong>as the company bounced back from a tough second quarter last year, according to its latest <a href=\"https:\/\/ent.news\/2021\/8\/Orascom-Results-Announcement-2H21.pdf\">earnings release (pdf)<\/a>. The company reported a USD 26.5 mn profit for the April-June period this year, up from USD 9.5 mn last year, while revenues were up 9.8% to reach USD 868.4 mn<\/p>\n<p><strong>The covid recovery isn\u2019t complete yet: <\/strong>Profits haven\u2019t yet rebounded to their 2Q2019 levels, when the company earned <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/dc8425d5-1da9-4ebf-8d5b-67ccca4780fe\">USD 31.3 mn<\/a>. Net income fell almost 70% during the second quarter last year as the covid lockdown and global disruption hit the company\u2019s operations.<\/p>\n<p><strong>New awards increased 57% y-o-y in 2Q2021 to hit USD 1.1 bn<\/strong>, of which USD 350 mn stemmed from projects in Egypt and USD 790 mn were through US subsidiaries. New projects were led by a pickup in US business, particularly in the building of data centers, while new Egyptian business was concentrated in the water and industrial sectors. Consolidated backlog excluding the group\u2019s 50% share in BESIX increased 8.8% y-o-y to USD 5.9 bn. Including BESIX, pro forma backlog increased 6% y-o-y to USD 8.4 bn as of end-June.<\/p>\n<p><strong>Income from subsidiaries, building materials, facilities management and infrastructure assets performed well for a second quarter<\/strong>, accounting for 22% of all first-half net income. \u201cWe are focused on growing this part of our business, which should continue to benefit from sustained demand for building materials coupled with our efforts to pursue new investments that provide us with recurring income,\u201d said OC CEO Osama Bishai.<\/p>\n<p><strong>OC also generated positive operating cashflow in the second quarter,<\/strong> though not enough to compensate for the first quarter. \u201cThat said, we are on the right trajectory and are working diligently to conclude the year on a positive note,\u201d Bishai said.<\/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\/alexandria-medical-services\/\">Alexandria Medical Services<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/earnings-watch\/\">earnings watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orascom-construction\/\">Orascom Construction<\/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=\"558868\" 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=\"558868\">\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\">COVID WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/lots-of-the-good-stuff-landing-next-week\/\">\r\n                            Lots of the good stuff landing next week                        <\/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\/08\/30\/lots-of-the-good-stuff-landing-next-week\/\" 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\/08\/30\/lots-of-the-good-stuff-landing-next-week\/')\">\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\/08\/30\/lots-of-the-good-stuff-landing-next-week\/\">\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=Lots of the good stuff landing next week&url=https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/lots-of-the-good-stuff-landing-next-week\/\">\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\/08\/30\/lots-of-the-good-stuff-landing-next-week\/&title=Lots of the good stuff landing next week\">\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=Lots+of+the+good+stuff+landing+next+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F08%2F30%2Flots-of-the-good-stuff-landing-next-week%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\/08\/30\/lots-of-the-good-stuff-landing-next-week\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558868\" class=\"content-area-description single-story post-558868 post type-post status-publish format-standard hentry category-covid-watch tag-covid-19 tag-enterpriseam tag-housing-ministry tag-israel tag-moderna tag-pfizer tag-vaccines 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>Several mn Pfizer shots are expected to land here at home by next week, <\/strong>pending the receival of shipping documents, an unnamed senior health official told <a href=\"https:\/\/bit.ly\/3BnkEQN\">Masrawy<\/a>, without specifying the size of the shipment. Health Minister Hala Zayed had previously said that <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e0d8f73b-53d2-4f08-a603-b95426804f63\">a 2.5 mn dose shipment of Pfizer<\/a> was expected to arrive earlier this month.<\/p>\n<p><strong>And our first shipment of Moderna vaccines is also due to arrive in the first week of <\/strong><strong>September, <\/strong>the source added, without specifying the number of doses. Zayed said earlier in August that some <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/506142e0-fad0-4817-8e48-976fa07380e3\">5.2 mn doses of Pfizer and Moderna<\/a> are set to arrive next month.<\/p>\n<p><strong>Egypt is moving forward with <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/506142e0-fad0-4817-8e48-976fa07380e3\">plans<\/a><\/strong><strong> to vaccinate public sector employees by the <\/strong><strong>start October<\/strong>, with the <a href=\"http:\/\/www.gcwc.com.eg\/?fbclid=IwAR1t_Za3Kp4Y-sSrwmkGis9Q7kHq-UBkJamqHIpO0gNofBxlJyHbwpJFg18\">Greater Cairo Water Company<\/a> (GCWC) getting started with the inoculation of 11k workers in the state-owned firm, GCWC head Moustafa El Shimy tells <a href=\"https:\/\/bit.ly\/38peYJG\">Masrawy<\/a>.<\/p>\n<p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/148820677429155\">reported<\/a><\/strong><strong> 255 new covid-19 infections yesterday<\/strong>, up from 251 the day before. Egypt has now disclosed a total of 287,899 confirmed cases of covid-19. The ministry also reported 7 new deaths, bringing the country\u2019s total death toll to 16,721.<\/p>\n<p><strong>Israel is now offering booster shots to those aged 12 and older<\/strong>, broadening a booster campaign launched a month ago that had initially targeted just the elderly, <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/israel-offers-covid-19-booster-shots-all-vaccinated-people-2021-08-29\/\">Reuters<\/a> reports. Only those who received a second vaccine dose at least five months earlier are eligible for the shot \u2014 a wait-time that is shorter than the eight-month interval in effect in the US, which is also <a href=\"https:\/\/news.yahoo.com\/biden-fauci-discussing-cutting-wait-171200701.html\">considering cutting wait time<\/a> for a booster to five months.<\/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\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/housing-ministry\/\">Housing Ministry<\/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\/moderna\/\">Moderna<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pfizer\/\">Pfizer<\/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=\"558869\" 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=\"558869\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/558869\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558869\" class=\"content-area-description single-story post-558869 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 data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/7\/Sodic-June-MV-Roller-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"558870\" 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=\"558870\">\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\">LAST NIGHT\u2019S TALK SHOWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/last-nights-talk-shows-fraudsters-arrested-first-phase-of-public-university-enrollment-concludes\/\">\r\n                            Last Night\u2019s Talk Shows: Fraudsters arrested + First phase of public university enrollment concludes                        <\/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\/08\/30\/last-nights-talk-shows-fraudsters-arrested-first-phase-of-public-university-enrollment-concludes\/\" 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\/08\/30\/last-nights-talk-shows-fraudsters-arrested-first-phase-of-public-university-enrollment-concludes\/')\">\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\/08\/30\/last-nights-talk-shows-fraudsters-arrested-first-phase-of-public-university-enrollment-concludes\/\">\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: Fraudsters arrested + First phase of public university enrollment concludes&url=https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/last-nights-talk-shows-fraudsters-arrested-first-phase-of-public-university-enrollment-concludes\/\">\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\/08\/30\/last-nights-talk-shows-fraudsters-arrested-first-phase-of-public-university-enrollment-concludes\/&title=Last Night\u2019s Talk Shows: Fraudsters arrested + First phase of public university enrollment concludes\">\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%3A+Fraudsters+arrested+%2B+First+phase+of+public+university+enrollment+concludes+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F08%2F30%2Flast-nights-talk-shows-fraudsters-arrested-first-phase-of-public-university-enrollment-concludes%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\/08\/30\/last-nights-talk-shows-fraudsters-arrested-first-phase-of-public-university-enrollment-concludes\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558870\" class=\"content-area-description single-story post-558870 post type-post status-publish format-standard hentry category-last-nights-talk-shows tag-banking tag-enterpriseam tag-fraud tag-illegal-immigration tag-last-nights-talk-shows tag-thanaweya-amma 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-06\"><\/a> <strong>The big business-relevant story on the airwaves last night was the <\/strong><strong><a href=\"https:\/\/www.facebook.com\/photo?fbid=205869221576470&set=a.144651037698289\">arrest<\/a><\/strong> <strong>of a <\/strong><strong>criminal gang charged with bilking some EGP 2mn from citizens in a bank fraud scam <\/strong>that made headlines last week. Fraudsters had falsely posed as bank staff and tricked clients into divulging sensitive information over the phone, including PINs and passwords, under the pretense that the information would be used to transfer a sum the clients had won in a randomised lottery. The fraudsters then used the accounts to purchase online gaming tokens, which they then resold, pocketing the sums in their digital wallets.<\/p>\n<p><strong>The nation\u2019s banks have this month been calling on clients to not disclose any banking sign-in details with anyone<\/strong>, with state-owned Banque Misr saying <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b9d44fb9-582a-47c9-8709-4f4cd23dd041\">last week<\/a> that 13 incidents of fraud had been detected. Al Hayah Al Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=oPtmylne9Io\">watch, runtime: 5:50<\/a>) and Ala Mas\u2019ouleety (<a href=\"https:\/\/www.facebook.com\/watch\/?v=272414224408326\">watch, runtime: 4:24<\/a>) are among those who had coverage.<\/p>\n<p><strong>Also in the limelight on last night\u2019s talk shows: The first batch of incoming first year <\/strong><strong>university <\/strong><strong>students <\/strong>learned yesterday whether they would get their desired undergraduate majors. <strong>And it looks like it will be easier to get into the faculties of their choice<\/strong>, with the cutoff for admission to medical school (a perennial indicator of grade inflation in Thanaweya Amma) falling to 92% this year. It\u2019s the first time in decades that the grade cut-off for admission to a number of \u201cprestige\u201d faculties has declined and comes as pass rate for thanaweya amma fell to 74% in the school year just ended from nearly 82% a year ago. Masaa DMC (<a href=\"https:\/\/www.youtube.com\/watch?v=LHvcHa1ifkA\">watch, runtime: 22:25<\/a>) and Al Hayah Al Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=-QdTOWkVX6k\">watch, runtime: 13:13<\/a>) also had coverage. The second phase of admissions is still ongoing and high-school graduates can apply online <a href=\"https:\/\/tansik.egypt.gov.eg\/application\/Certificates\/Thanwy\/defaultThanwy.aspx\">here<\/a>.<\/p>\n<p><strong>MEANWHILE- At least 11 people died, and 50 others went missing<\/strong> after a boat carrying young Egyptian and African men that had been trying to reach Europe <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2405411\">capsized this week<\/a> in the Mediterranean off of the Libyan coast. Families of some of the Egyptian men still unaccounted for \u2014 who mostly hail from the Talbana village in Dakahlia \u2014 were reportedly contacted by the kidnappers and asked to pay ransom for their release. Al Hayah Al Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=2faxi1hMUWc\">watch, runtime: 10:44<\/a>), Masaa DMC (<a href=\"https:\/\/www.youtube.com\/watch?v=0bEmlOsneJs\">watch, runtime: 15:42<\/a>) and Ala Mas\u2019ouleety (<a href=\"https:\/\/www.facebook.com\/baladtv\/videos\/219897353485207\">watch, runtime: 14:11<\/a>) all took note of the tragic accident.<\/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\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fraud\/\">fraud<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/illegal-immigration\/\">illegal immigration<\/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\/thanaweya-amma\/\">Thanaweya Amma<\/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=\"558871\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-0txwq7e\" data-v=\"4\" data-block-id=\"0txwq7e\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-0txwq7e-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-0txwq7e-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-2uyktsy\" data-v=\"4\" data-block-id=\"2uyktsy\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-2uyktsy-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-2uyktsy-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-h9ibu2d\" data-v=\"4\" data-block-id=\"h9ibu2d\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-h9ibu2d-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-h9ibu2d-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-cjvuovx\" data-v=\"4\" data-block-id=\"cjvuovx\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-cjvuovx-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-cjvuovx-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"558872\" 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=\"558872\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/egyptian-film-souad-gets-more-praise-from-the-foreign-press\/\">\r\n                            Egyptian film Souad gets more praise from the foreign press                        <\/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\/08\/30\/egyptian-film-souad-gets-more-praise-from-the-foreign-press\/\" 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\/08\/30\/egyptian-film-souad-gets-more-praise-from-the-foreign-press\/')\">\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\/08\/30\/egyptian-film-souad-gets-more-praise-from-the-foreign-press\/\">\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=Egyptian film Souad gets more praise from the foreign press&url=https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/egyptian-film-souad-gets-more-praise-from-the-foreign-press\/\">\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\/08\/30\/egyptian-film-souad-gets-more-praise-from-the-foreign-press\/&title=Egyptian film Souad gets more praise from the foreign press\">\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=Egyptian+film+Souad+gets+more+praise+from+the+foreign+press+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F08%2F30%2Fegyptian-film-souad-gets-more-praise-from-the-foreign-press%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\/08\/30\/egyptian-film-souad-gets-more-praise-from-the-foreign-press\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558872\" class=\"content-area-description single-story post-558872 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-enterpriseam tag-film wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s a light morning in the international press today. <\/strong>Among the few headlines of note:<\/p>\n<ul>\n<li><strong>An explainer on obelisks<\/strong>: An art publication is running an explainer on ancient Egyptian obelisks, billing them as a precursor to the modern skyscraper. (<a href=\"https:\/\/mymodernmet.com\/what-is-an-obelisk\/\">My Modern Met<\/a>)<\/li>\n<li><strong>More love for Egyptian teen drama:<\/strong> Ayten Amin\u2019s Souad is receiving more praise for its thoughtful portrayal of teen life in the Middle East. (<a href=\"https:\/\/www.theguardian.com\/film\/2021\/aug\/29\/souad-review-ayten-amin-teen-life-egypt\">The Guardian<\/a>)<\/li>\n<li><strong>And more mention of Fustat renovation plans:<\/strong> Egypt\u2019s plans to turn the oldest capital in Africa into an open air museum could convert the site into a global tourist destination. (<a href=\"https:\/\/www.al-monitor.com\/originals\/2021\/08\/egypt-make-oldest-islamic-capital-africa-open-museum\">Al Monitor<\/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\/film\/\">film<\/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=\"558873\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"558874\" 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=\"558874\">\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\">Also on our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/education-outfit-taaleem-undergoes-ownership-restructuring\/\">\r\n                            Education outfit Taaleem undergoes ownership restructuring                        <\/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\/08\/30\/education-outfit-taaleem-undergoes-ownership-restructuring\/\" 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\/08\/30\/education-outfit-taaleem-undergoes-ownership-restructuring\/')\">\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\/08\/30\/education-outfit-taaleem-undergoes-ownership-restructuring\/\">\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=Education outfit Taaleem undergoes ownership restructuring&url=https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/education-outfit-taaleem-undergoes-ownership-restructuring\/\">\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\/08\/30\/education-outfit-taaleem-undergoes-ownership-restructuring\/&title=Education outfit Taaleem undergoes ownership restructuring\">\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=Education+outfit+Taaleem+undergoes+ownership+restructuring+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F08%2F30%2Feducation-outfit-taaleem-undergoes-ownership-restructuring%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\/08\/30\/education-outfit-taaleem-undergoes-ownership-restructuring\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558874\" class=\"content-area-description single-story post-558874 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseam tag-financial-regulatory-authority wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The partners who sold shares in the IPO of Taaleem earlier this year are restructuring their holdings. <\/strong>CI Capital and Ahmed Badreldin\u2019s RMBV <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9b4f4fd0-2ce2-44d7-9de4-e0cb71aabbba\">sold<\/a> in March a 49% stake in Taaleem in a hotly anticipated secondary sale that saw the higher-education-focused outfit make its EGX debut. Now, the two partners are disaggregating their 51% stake, moving shares out of the special purpose vehicle Sphinx Obelisk. CI Capital will hold its 30% stake in Taaleem through Egy Edu Invest while RMBV vehicle Tiba Group will hold the remaining 21%, Taaleem CFO Khaled Khater told us late yesterday. Taaleem reported the restructuring <a href=\"https:\/\/ent.news\/2021\/8\/Taaleem-30-Aug21.jpg\">in a regulatory filing yesterday<\/a>.<\/p>\n<p><strong>MEANWHILE- As many as 22 ins. companies are working with the government to issue <\/strong><strong>c. <\/strong><strong><a href=\"https:\/\/www.facebook.com\/photo?fbid=211913724312389&set=pcb.211915490978879\">EGP 1 bn<\/a><\/strong><strong>-worth of mandatory ins. certificates<\/strong> under the travel ins. policy issued in June by the Financial Regulatory Authority which obliged Egyptians to pay an additional EGP 300 since <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0d0220b3-2500-42b8-a8c1-4418a20dc63f\">last month<\/a> when issuing or renewing their passports.<\/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\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-regulatory-authority\/\">Financial Regulatory Authority<\/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=\"558875\" 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=\"558875\">\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\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/ems-cannot-weather-another-taper-tantrum-storm-imf-says\/\">\r\n                            EMs cannot weather another taper tantrum storm, IMF says                        <\/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\/08\/30\/ems-cannot-weather-another-taper-tantrum-storm-imf-says\/\" 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\/08\/30\/ems-cannot-weather-another-taper-tantrum-storm-imf-says\/')\">\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\/08\/30\/ems-cannot-weather-another-taper-tantrum-storm-imf-says\/\">\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=EMs cannot weather another taper tantrum storm, IMF says&url=https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/ems-cannot-weather-another-taper-tantrum-storm-imf-says\/\">\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\/08\/30\/ems-cannot-weather-another-taper-tantrum-storm-imf-says\/&title=EMs cannot weather another taper tantrum storm, IMF says\">\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=EMs+cannot+weather+another+taper+tantrum+storm%2C+IMF+says+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F08%2F30%2Fems-cannot-weather-another-taper-tantrum-storm-imf-says%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\/08\/30\/ems-cannot-weather-another-taper-tantrum-storm-imf-says\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558875\" class=\"content-area-description single-story post-558875 post type-post status-publish format-standard hentry category-planet-finance tag-automotive tag-bond-purchase tag-chip-shortage tag-emerging-markets tag-enterpriseam tag-financial-markets tag-imf tag-inflationary-pressures tag-interest-rates tag-malaysia tag-manufacturing tag-planet-finance tag-semiconductors 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-09\"><\/a> <strong>EMs cannot withstand another taper tantrum, says IMF: <\/strong>Emerging Markets whose balance sheets are stretched due to covid-19 could see significant damage to their economies in the event that the US Federal reserve instigates a repeat of the 2013 so-called Taper tantrum IMF\u2019s chief economist Gita Gopinath told the <a href=\"https:\/\/www.ft.com\/content\/873ca2e8-63d2-40dd-842d-5409169166fa\">Financial Times<\/a>. While already grappling with the havoc wrought by covid, EMs are not in the best shape to dodge \u201ca tantrum of financial markets originating from the major central banks,\u201d Gopinath said. Inflationary pressures pose an additional risk, and the US may be pressured to tighten policy even sooner if high inflation persists, Gopinath says.<\/p><p><strong>What\u2019s a \u201ctaper tantrum,\u201d you ask?<\/strong> In 2013, an announcement by the Fed that it would roll back its large bond-buying program (rolled out during the \u201cGlobal Financial Crisis\u201d of 2007-2008) sooner than expected <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/15dfd0a7-91a0-44c1-8303-adefafb2d22b\">triggered an exodus of capital from emerging markets<\/a>. The fear was that the move would push down US bond prices and drive yields higher. This triggered an exodus from EMs for fear of what rising rates in the US and a stronger greenback would mean for emerging economies. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f94df2bf-50fa-4cb1-9373-873ad31fdddd\">Statements<\/a> by Fed head Jerome Powell at the Jackson Hole summit last week signalling that the Fed could begin rolling back its program as early as this year have put EMs on the alert.<\/p><p><strong>The Fed\u2019s tapering news is likely to add an additional burden to EMs<\/strong>, which have already been aggressively tightening in response to rising inflation. Russia, Mexico and Chile have all raised interest rates this year, while Brazil this month went ahead with <a href=\"https:\/\/www.ft.com\/content\/60ee951a-aa9a-45cb-845a-b935ad3c86b9\">a 100-bps rate hike<\/a> \u2014 its biggest since 2003. <strong>That could ultimately put more pressure on Egypt to keep rates high <\/strong>as the country looks to maintain the competitiveness of the USD-EGP carry trade.<\/p><p><strong>And some EM currencies are already losing steam as central banks change gear:<\/strong> Speculation concerning when central banks may reel in the pace of monetary-policy tightening have seen Brazilian and Russian currencies, which were among 1H2021s biggest gainers, sinking almost 4.5% since July, outstripping losses recorded by any other major currency tracked by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-08-29\/best-emerging-currency-trades-lose-steam-amid-new-rate-hikes?srnd=premium-middle-east&amp;sref=mmeFTDW1\">Bloomberg<\/a>.<\/p><p><strong>A new covid-19 outbreak in Malaysia could prolong the global chip shortage:<\/strong> The major center for chip testing and packaging has been hit with a fresh wave of infections that has forced the implementation of strict lockdowns, hampering production at factories and jeopardizing plans for the rebound of global semiconductor supply chains, <a href=\"https:\/\/www.wsj.com\/articles\/covid-19-surge-in-malaysia-threatens-to-prolong-global-chip-shortage-11630234802?mod=hp_lead_pos4\">the Wall Street Journal<\/a> reports. The delays have intensified <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/244e6eb7-2840-4724-93f3-5234d46336a6\">pressures on automakers<\/a>, who had already been forced to cut down production due to the ongoing chip shortage, which is now expected to continue into 2022.<\/p><div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table table-striped markets-table\">\n<tbody>\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>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>11113.74<\/p>\n<\/td>\n<td>\n<p>-0.11% (YTD: +2.48%)<\/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 15.65<\/p>\n<\/td>\n<td>\n<p>Sell 15.75<\/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 at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.65<\/p>\n<\/td>\n<td>\n<p>Sell 15.75<\/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>11,180.19<\/p>\n<\/td>\n<td>\n<p>+0.5% (YTD: +28.66%)<\/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>7,652.15<\/p>\n<\/td>\n<td>\n<p>+0.4% (YTD: +51.67%)<\/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>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,901.21<\/p>\n<\/td>\n<td>\n<p>+0.04% (YTD: +16.42%)<\/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>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>4,509.37<\/p>\n<\/td>\n<td>\n<p>+0.9% (YTD: +20.06%)<\/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>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>7,148.01<\/p>\n<\/td>\n<td>\n<p>+0.3% (YTD: +10.64%)<\/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 72.70<\/p>\n<\/td>\n<td>\n<p>+2.3%<\/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 4.39<\/p>\n<\/td>\n<td>\n<p>+4.2%<\/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>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,819.50<\/p>\n<\/td>\n<td>\n<p>+1.4%<\/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 48,826.13<\/p>\n<\/td>\n<td>\n<p>-0.31% (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 fell 0.1% at yesterday\u2019s close<\/strong> on turnover of EGP 1.65 bn (12% above the 90-day average). Foreign investors were net sellers. The index is up 2.5% YTD.<\/p><p><strong>In the green: <\/strong>Heliopolis Housing (+4.9%), Raya Holding (+4.1%) and Cleopatra Hospitals (+3.7%).<\/p><p><strong>In the red: <\/strong>Speed Medical (-5.1%), Pioneers Holding (-3.3%) and GB Auto (-1.9%).<\/p><p><strong>It\u2019s looking fairly bright out there this morning, ladies and gentlemen<\/strong>, with most Asian benchmarks largely in the green and futures suggesting the trading week will got off to a nice, green start at the opening bell in Europe and North America.<\/p>\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\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bond-purchase\/\">bond purchase<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/chip-shortage\/\">chip shortage<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/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\/imf\/\">IMF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflationary-pressures\/\">inflationary pressures<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/interest-rates\/\">interest rates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/malaysia\/\">Malaysia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/planet-finance\/\">Planet Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/semiconductors\/\">semiconductors<\/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=\"558876\" 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=\"558876\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/israel-attacks-gaza-libyan-oil-minister-attempts-to-oust-national-oil-corporation-head\/\">\r\n                            Israel attacks gaza + Libyan oil minister attempts to oust National Oil Corporation head                        <\/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\/08\/30\/israel-attacks-gaza-libyan-oil-minister-attempts-to-oust-national-oil-corporation-head\/\" 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\/08\/30\/israel-attacks-gaza-libyan-oil-minister-attempts-to-oust-national-oil-corporation-head\/')\">\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\/08\/30\/israel-attacks-gaza-libyan-oil-minister-attempts-to-oust-national-oil-corporation-head\/\">\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=Israel attacks gaza + Libyan oil minister attempts to oust National Oil Corporation head&url=https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/israel-attacks-gaza-libyan-oil-minister-attempts-to-oust-national-oil-corporation-head\/\">\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\/08\/30\/israel-attacks-gaza-libyan-oil-minister-attempts-to-oust-national-oil-corporation-head\/&title=Israel attacks gaza + Libyan oil minister attempts to oust National Oil Corporation head\">\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=Israel+attacks+gaza+%2B+Libyan+oil+minister+attempts+to+oust+National+Oil+Corporation+head+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F08%2F30%2Fisrael-attacks-gaza-libyan-oil-minister-attempts-to-oust-national-oil-corporation-head%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\/08\/30\/israel-attacks-gaza-libyan-oil-minister-attempts-to-oust-national-oil-corporation-head\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558876\" class=\"content-area-description single-story post-558876 post type-post status-publish format-standard hentry category-around-the-world tag-around-the-world tag-diplomacy tag-enterpriseam tag-foreign-affairs tag-gaza tag-hamas tag-israel tag-libya tag-trade tag-travel tag-yemen wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Israeli air force attacked two Hamas sites in Gaza Sunday<\/strong>, the IDF <a href=\"https:\/\/twitter.com\/IDF\/status\/1431747821921783809\">tweeted<\/a>, in response to the launching of incendiary balloons into southern Israel and border clashes that have continued for the second week running, <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2FU04L\">Reuters<\/a> reports. There were no casualty reports from Gaza.<\/p>\n<p><strong>Libya\u2019s state-run energy firm National Oil Corporation (NOC) boss Mustafa <\/strong><strong>Sanalla was suspended pending investigation <\/strong>into whether or not he violated ministry policy by travelling abroad without authorization, <a href=\"https:\/\/www.reuters.com\/article\/us-libya-oil\/libya-oil-minister-says-he-suspends-noc-chief-idUSKBN2FU0G8\">Reuters<\/a> reports, upending the management of NOC, which has provided the majority of public revenue during the last decade of conflict in Libya.<\/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\/around-the-world\/\">Around the World<\/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\/foreign-affairs\/\">foreign affairs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gaza\/\">Gaza<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hamas\/\">Hamas<\/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\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/travel\/\">travel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/yemen\/\">Yemen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<div class=\"alignfull vertical-section wide-section blackboard wp-block-group issue-section\" id=\"558877\">\r\n    <div class=\"issue-section__content\">\r\n        <div class=\"alignwide wp-block-columns\">\r\n            <div class=\"wp-block-column sidebar-vertical-info\" style=\"flex-basis:22.8%\">\r\n                <figure class=\"wp-block-image size-full\">\r\n                                            <img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27466.svg\" style=\"width:80%\" alt=\"\" >\r\n                                    <\/figure>\r\n                <p>\r\n                    Our weekly deep dive into education in Egypt, from K-12 to post-secondary.                <\/p>\r\n                <figure class=\"wp-block-image size-full mt-0 mb-0 img-white-bg\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27480.svg\" alt=\"\"><\/figure>\r\n                <p class=\"has-text-color has-link-color\">\r\n                    Published every Monday in EnterpriseAM.                <\/p>\r\n                <div class=\"wp-block-buttons mt-0\">\r\n                    <div class=\"wp-block-button\">\r\n                        <a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/enterpriseam.com\/egypt\/blackboard\/\">\r\n                            Read Blackboard                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\r\n                    <div class=\"issue-story-header text-center\">\r\n                        <div class=\"index-number\">10<\/div>\r\n\r\n                        \r\n                        <h3 class=\"story-title\"><a href=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/survey-how-ready-are-egypts-universities-to-comply-with-the-govts-vaccine-directive\/\">\r\n                            SURVEY- How ready are Egypt\u2019s universities to comply with the gov\u2019t\u2019s vaccine directive?<\/a>\r\n                        <\/h3>\r\n                        \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/survey-how-ready-are-egypts-universities-to-comply-with-the-govts-vaccine-directive\/\" 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\/blackboards\/survey-how-ready-are-egypts-universities-to-comply-with-the-govts-vaccine-directive\/')\">\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\/blackboards\/survey-how-ready-are-egypts-universities-to-comply-with-the-govts-vaccine-directive\/\">\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=SURVEY- How ready are Egypt\u2019s universities to comply with the gov\u2019t\u2019s vaccine directive?&url=https:\/\/enterpriseam.com\/egypt\/blackboards\/survey-how-ready-are-egypts-universities-to-comply-with-the-govts-vaccine-directive\/\">\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\/blackboards\/survey-how-ready-are-egypts-universities-to-comply-with-the-govts-vaccine-directive\/&title=SURVEY- How ready are Egypt\u2019s universities to comply with the gov\u2019t\u2019s vaccine directive?\">\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=SURVEY-+How+ready+are+Egypt%E2%80%99s+universities+to+comply+with+the+gov%E2%80%99t%E2%80%99s+vaccine+directive%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2Fblackboards%2Fsurvey-how-ready-are-egypts-universities-to-comply-with-the-govts-vaccine-directive%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>                    <\/div>\r\n\r\n                    <div class=\"story__body\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/survey-how-ready-are-egypts-universities-to-comply-with-the-govts-vaccine-directive\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/305.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" sizes=\"(max-width: 34.9rem) calc(100vw - 2rem), (max-width: 53rem) calc(8 * (100vw \/ 12)), (min-width: 53rem) calc(6 * (100vw \/ 12)), 100vw\" data-attachment-id=\"558878\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/survey-how-ready-are-egypts-universities-to-comply-with-the-govts-vaccine-directive\/305-jpg-59\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/305.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"305.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/305.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/305.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-558877\" class=\"content-area-description post-558877 blackboard type-blackboard status-publish has-post-thumbnail hentry tag-adel-abdel-ghaffar tag-ashraf-el-shihy tag-auc tag-education tag-egyptian-chinese-university tag-enterprise-blackboard tag-enterpriseam tag-future-university tag-guc tag-health-ministry tag-higher-education-ministry tag-hossam-al-malahi tag-mahmoud-allam tag-obada-sarhan tag-rasha-mabrouk tag-shereen-shaker tag-the-knowledge-hub 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-08\"><\/a> <strong>SURVEY- How ready are Egypt\u2019s universities to comply with the gov\u2019t\u2019s vaccine directive? <\/strong>The covid-19 vaccine rollout seems to be gathering pace at Egypt\u2019s private universities, following the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6f6ad92b-0d38-47b5-bdba-8506e46415b7\">recent government directive<\/a> that vaccines will be mandatory for all 18+ year-old students, educators and staff at Egyptian schools and universities. Several international K-12 schools saw the Health Ministry roll out mass vaccination programs on their campuses last week, where eligible unvaccinated staff could register and receive their vaccinations at no cost, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6023ba0a-ee63-402a-85ab-30e14195456d\">we reported<\/a>. Now, the same process is taking place at private universities, for staff and students aged 18+, sources tell Enterprise.<\/p>\n<p><strong>All private and public universities in the country are eligible for on-campus mass vaccination programs rolled out by the Health Ministry,<\/strong> as long as the staff and students being vaccinated are registered on the <a href=\"https:\/\/egcovac.mohp.gov.eg\/#\/home\">government portal<\/a>, Higher Education Ministry spokesman Adel Abdel Ghaffar tells Enterprise.<\/p>\n<p><strong>Educational institutions have been pushing for this for a while. But since the government decree, it\u2019s been gathering steam:<\/strong> Private universities are telling a similar story to private K-12 schools, who said last week they\u2019d seen an acceleration of the Health Ministry\u2019s on-campus mass vaccination program. The Knowledge Hub Universities (TKH) had been in contact with the Health Ministry since the beginning of the summer to try to arrange mass vaccination of everyone who regularly came on campus \u2014 namely students, staff and faculty members, President Mahmoud Allam tells Enterprise. The process has recently gathered momentum, he says.<\/p>\n<p><strong>AUC managed to start mass vaccinations with the Health Ministry in June:<\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b16131a2-9b19-4658-97ce-f3c124248e34\">AUC decided<\/a> early in the summer that campus access in the new academic year would be restricted to those who could provide proof of vaccination or a medical exemption form, Vice-President of Management and Operation Shereen Shaker tells Enterprise.<\/p>\n<p><strong>It\u2019s since offered three mass vaccination rounds for staff and students <\/strong>\u2014 with the third taking place last week. The first saw shuttle buses run from AUC to a Health Ministry vaccine clinic in Nasr City, while the second and third have been on campus, Shaker adds. \u201cThere was a vaccine shortage in the middle of the summer. Had we not started early, we would have been in a much more difficult situation. But we were also very rigorous and had good connections with the Health Ministry.\u201d<\/p>\n<p><strong>Now, universities throughout the country are seeing on-campus mass vaccination: <\/strong>TKH\u2019s mass vaccination started last Tuesday, with hundreds of people showing up to be vaccinated, says Allam. GUC was scheduled to hold an on-campus mass vaccination program for students yesterday, according to an email shared with Enterprise. The university previously held a mass vaccination program targeting staff members. A date has been set for on-campus mass vaccination at Sohag\u2019s Al Nahda University, President Hossam al Malahi tells Enterprise. And Future University has already seen one round of mass vaccinations, with another expected, President Obada Sarhan tells Enterprise. BUE has started rolling out mass vaccinations for staff, with further drives planned for remaining staff members, and for students, Chief Communications Officer Rasha Mabrouk tells Enterprise.<\/p>\n<p><strong>They\u2019re all trying to get as close to a 100% vaccination rate as possible: <\/strong>Universities have asked for vaccines in large quantities to vaccinate all students and staff, they say. Al Nahda University has requested 8k vaccine doses, Future University 9k doses, and the Egyptian-Chinese University 7k doses, say representatives. AUC is hoping to have at least 90-95% of all its staff and students vaccinated when the academic year begins, says Shaker. \u201cWe\u2019re fairly confident that we\u2019ll hit that bracket.\u201d<\/p>\n<p><strong>The drive includes new students starting this academic year: <\/strong>TKH\u2019s new intake of students for this academic year are eligible to be vaccinated on campus, as long as they\u2019ve registered, and many of them are taking the chance to do this, says Allam. Students joining Al Nahda in the new academic year need to either provide evidence of vaccination, or set a date for getting vaccinated on campus, says al Malahi.<\/p>\n<p><strong>The official policy from universities: no vaccine, no entry to campus.<\/strong> Future University, the Egyptian-Chinese University and Al Nahda University won\u2019t allow any unvaccinated employees or students on campus starting 1 October, say representatives. AUC\u2019s official position is that vaccine-hesitant staff or students won\u2019t be allowed to enter its campus, Shaker tells Enterprise,<\/p>\n<p>though an earlier statement had indicated that this could be very tough to enforce completely.<\/p>\n<p><strong>Though this doesn\u2019t necessarily apply to medically-exempt staff or students, or under 18s: <\/strong>Anyone with an autoimmune disease, women trying to get pregnant, and people who\u2019ve had covid within the last three months are exempt from AUC\u2019s vaccination policy, but they must produce a doctor\u2019s report attesting to their status, says Shaker.<\/p>\n<p><strong>Medically-exempt staff and students, and students under 18, will have to take the weekly antigen tests at their own expense to access campus<\/strong>, she adds. BUE is also asking unvaccinated staff and students to have regular PCR tests to contain covid-19 spread as much as possible, says Mabrouk. Official guidance is still pending from the Health Ministry for how universities should make provision for medically ineligible staff or students. \u201cWe\u2019re in ongoing talks with the ministry on how to handle these cases,\u201d says Allam.<\/p>\n<p><strong>Will universities have discretion over visitor policies? <\/strong>The ministry doesn\u2019t seem to have issued a specific directive when it comes to campus visitors, as several private universities we spoke to were working to finalize their policies. AUC is actively limiting visitors, who need to have a \u201cbusiness critical\u201d reason for coming on campus, says Shaker. \u201cWe\u2019re not even allowing alumni on campus,\u201d she adds. TKH is still discussing its visitor policy at the board level, says Allam. \u201cIt\u2019s a tough question. If we have students and their parents coming to take a tour of the campus, we can\u2019t really tell them not to enter.\u201d<\/p>\n<hr class=\"grey-line\">\n<p><strong>Your top education stories for the week:<\/strong><\/p>\n<ul>\n<li><strong>Restrictions for unjabbed students: <\/strong>Students could possibly see themselves <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/193805c8-da0d-4fc1-8604-dc2bea9dc0a3\">banned<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/193805c8-da0d-4fc1-8604-dc2bea9dc0a3\">from campus<\/a> if they remain unjabbed by the start of the academic year, anti covid-19 committee member, Mohamed El Nady said.<\/li>\n<li><strong>University admissions announced: <\/strong>The Higher Education minister <a href=\"https:\/\/www.youm7.com\/story\/2021\/8\/29\/%D9%86%D8%AA%D9%8A%D8%AC%D8%A9-%D8%A7%D9%84%D9%85%D8%B1%D8%AD%D9%84%D8%A9-%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89-%D9%84%D9%84%D8%AA%D9%86%D8%B3%D9%8A%D9%82-83-9-%D8%B3%D9%8A%D8%A7%D8%B3%D8%A9-%D9%88%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D9%8880-73\/5442200\">announced<\/a> the minimum requirements for admission into different university programs, as well as the results of the first stage of university allocations.<\/li>\n<li><strong>Emirati-Egyptian digital education platform:<\/strong> Ministers from the two countries are in <a href=\"https:\/\/npa-ar.com\/%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1-%D9%85%D8%AD%D9%84%D9%8A%D8%A9\/10116\/%D9%85%D8%B5%D8%B1-%D8%8C-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9-%D8%AA%D8%B9%D9%84%D9%86%D8%A7%D9%86\/\">discussions<\/a> over plans to launch a \u201cdigital school\u201d platform to serve over 1 mn disadvantaged children unable to complete their education.<\/li>\n<li><strong>Crackdown on illegal academic publishing:<\/strong> Authorities have <a href=\"https:\/\/www.albawabhnews.com\/4422209\">seized<\/a> some 165k educational books published without a license.<\/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\/adel-abdel-ghaffar\/\">Adel Abdel Ghaffar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ashraf-el-shihy\/\">Ashraf el Shihy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/auc\/\">AUC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-chinese-university\/\">Egyptian-Chinese University<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/future-university\/\">Future University<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/guc\/\">GUC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-ministry\/\">Health Ministry<\/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\/hossam-al-malahi\/\">Hossam al Malahi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mahmoud-allam\/\">Mahmoud Allam<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/obada-sarhan\/\">Obada Sarhan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/rasha-mabrouk\/\">Rasha Mabrouk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/shereen-shaker\/\">Shereen Shaker<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-knowledge-hub\/\">The Knowledge Hub<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column\" style=\"flex-basis:19.8%\"><\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<section id=\"558879\" 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\/08\/30\/your-essential-business-calendar-on-30-august-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-558879\" class=\"content-area-description single-story post-558879 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>24 August-5 September (Tuesday-Sunday): Tokyo 2020 <a href=\"https:\/\/www.paralympic.org\">Paralympics<\/a>.<\/p>\n<p>September: Delegation of Russian companies to visit Russian Industrial Zone.<\/p>\n<p>1-3 September (Wednesday-Friday): <a href=\"https:\/\/digisignafrica.com\/\">Digi Sign Africa<\/a>, Cairo International Convention Centre, Cairo, Egypt.<\/p>\n<p>3-5 September (Friday-Sunday): The World Karate Federation will hold <a href=\"https:\/\/www.wkf.net\/news-center-new\/cairo-replaces-tashkent-as-host-of-2021-karate-1-premier-league\/1606\">the third competition<\/a> of the 2021 Karate 1-Premier League in Cairo.<\/p>\n<p>4 September (Saturday): The first <a href=\"https:\/\/cyprus-mail.com\/2021\/08\/26\/first-cyprus-egypt-intergovernmental-summit-on-september-4\/\">Egypt-Cyprus Intergovernmental Summit<\/a> is taking place in Cairo.<\/p>\n<p>5 September (Sunday): The updated date for EGX listed companies to institute the new mechanism for calculating closing share prices. The deadline was previously 2 September.<\/p>\n<p>5-7 September (Sunday-Tuesday): The <a href=\"https:\/\/www.arabsecurityconference.com\/\">Arab Security Conference<\/a>, The Nile Ritz-Carlton, Cairo, Egypt.<\/p>\n<p>7-8 September (Tuesday-Wednesday): Euromoney Conferences will host <a href=\"https:\/\/bit.ly\/3lpLeUO\">the GlobalCapital Sustainable and Responsible Capital Markets Forum 2021<\/a>, featuring Vice Minister of Finance Minister Ahmed Kouchouk.<\/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>7-9 September (Tuesday-Thursday): <a href=\"https:\/\/www.egyhealthexpo.com\/\">Egy Health Expo<\/a>, Al Manara International Conference, Cairo, Egypt.<\/p>\n<p>9 September (Thursday): <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>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>13-21 September (Monday-Tuesday): <a href=\"https:\/\/www.un.org\/en\/ga\/\">76th session of the 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>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\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":558859,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-558858","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a622bc1c-9321-4725-966e-3974a85e1d7e","teaser":"","photo_url":"https:\/\/ent.news\/2021\/8\/298.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>Cleopatra Hospitals, Orascom Construction make it official: We\u2019re in an earnings recovery - 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\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cleopatra Hospitals, Orascom Construction make it official: We\u2019re in an earnings recovery\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T02:15:14+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/298.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\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/\",\"name\":\"Cleopatra Hospitals, Orascom Construction make it official: We\u2019re in an earnings recovery - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/298.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-08-30T04:01:41+00:00\",\"dateModified\":\"2025-12-16T02:15:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/298.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/298.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Cleopatra Hospitals, Orascom Construction make it official: We\u2019re in an earnings recovery\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Cleopatra Hospitals, Orascom Construction make it official: We\u2019re in an earnings recovery - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/","og_locale":"en_US","og_type":"article","og_title":"Cleopatra Hospitals, Orascom Construction make it official: We\u2019re in an earnings recovery","og_url":"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/","og_site_name":"EnterpriseAM Egypt","article_modified_time":"2025-12-16T02:15:14+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/298.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/","url":"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/","name":"Cleopatra Hospitals, Orascom Construction make it official: We\u2019re in an earnings recovery - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/298.jpg?fit=%2C&ssl=1","datePublished":"2021-08-30T04:01:41+00:00","dateModified":"2025-12-16T02:15:14+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/298.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/298.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/cleopatra-hospitals-orascom-construction-make-it-official-were-in-an-earnings-recovery\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/egypt\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Cleopatra Hospitals, Orascom Construction make it official: We\u2019re in an earnings recovery"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/558858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/558858\/revisions"}],"predecessor-version":[{"id":558888,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/558858\/revisions\/558888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/558859"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=558858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=558858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=558858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}