{"id":559516,"date":"2021-01-25T04:01:12","date_gmt":"2021-01-25T04:01:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=559516"},"modified":"2025-12-16T02:31:34","modified_gmt":"2025-12-16T02:31:34","slug":"its-happening-vaccine-rollout-has-started-and-three-more-jabs-will-get-regulatory-approval-soon-as-egypt-closes-in-on-agreement-to-manufacture-at-home","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/its-happening-vaccine-rollout-has-started-and-three-more-jabs-will-get-regulatory-approval-soon-as-egypt-closes-in-on-agreement-to-manufacture-at-home\/","title":{"rendered":"It\u2019s happening: Vaccine rollout has started and three more jabs will get regulatory approval soon as Egypt closes in on agreement to manufacture at home"},"content":{"rendered":"<section id=\"559518\" 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=\"559518\">\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\/01\/25\/what-were-tracking-on-25-january-2021\/\">\r\n                            What we\u2019re tracking on 25 January 2021                        <\/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\/01\/25\/what-were-tracking-on-25-january-2021\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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An object lesson in hubris\u2026<\/p>\n<p><strong>Twenty years ago this morning<\/strong>, the same now-greybeard landed in Egypt, a country that gave him the chance to create a family, make lifelong friendships, and together with partners build an awesome business. Thank you to each and everyone one of you who have helped make this possible, directly and indirectly.<\/p>\n<p><strong>Thursday will be a paid holiday for the private sector<\/strong> as the nation takes a day off to observe Revolution Day \/ Police Day, the Manpower Ministry <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=24012021&id=eef38030-3f4c-4809-8459-911d454bb072\">said yesterday<\/a>. The central bank has confirmed that Thursday is a bank holiday, so you can expect an announcement soon from the EGX any day now.<\/p>\n<p><strong>That sets us up for our customary winter-spring holiday drought:<\/strong> Our next vacation is the 25 April celebration of Sinai Liberation Day, which comes mid-Ramadan. The Holy Month is due to start on or about 13 April.<\/p>\n<p><strong>THE BIG STORY at home this morning: We\u2019re in day two of our covid-19 vaccination<\/strong> <strong>campaign \u2014 and it looks like we\u2019re about to land manufacturing rights <\/strong>for a jab. Taken together, it is the most positive news of the pandemic we\u2019ve had in nearly a year. We have chapter and verse in the news well, below.<\/p>\n<p><strong>BIG STORIES internationally: <\/strong>The business press is still getting its bearings when it comes to coverage of the Biden administration, which dominates front pages globally. The <a href=\"https:\/\/www.ft.com\/content\/4807408f-9590-44f6-95c5-2cb7a6edb4d6\">Financial Times<\/a> notes that <strong>Democrats are pushing for a USD 1.9 tn stimulus package<\/strong> before they start the impeachment trial of former president Donald Trump in the US Senate. Republicans think the package is too large. Reuters is also leading with the story, while the Wall Street Journal reports that <strong><a href=\"https:\/\/www.wsj.com\/articles\/china-overtakes-u-s-as-worlds-leading-destination-for-foreign-direct-investment-11611511200\">China has overtaken the US as the world\u2019s leading destination for foreign direct investment<\/a><\/strong>.<\/p>\n<p><strong>WHAT\u2019S HAPPENING TODAY- <\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>SMART POLICY- Egypt is <\/strong><strong><a href=\"https:\/\/www.reuters.com\/article\/idUSKBN29U00N\">teaming up<\/a><\/strong><strong> with the United Kingdom to push for practical <\/strong><strong>measures to fight (and cope with) climate change.<\/strong> The initiative will be joined by the Netherlands, Bangladesh, Malawi and Saint Lucia and will push for \u201c<strong>early warning systems for storms and investments in flood drainage and in drought-resistant crops<\/strong>,\u201d Reuters adds. UK Prime Minister Boris Johnson will announce the Adaptation Action Coalition today as <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN29U03H\">leaders from world powers gather<\/a> for the two-day, online-only <a href=\"https:\/\/www.cas2021.com\">Climate Adaptation Summit<\/a>. The news comes just days after the Biden administration said it would rejoin the 2015 Paris agreement on climate change.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>The World Economic Forum\u2019s <\/strong><strong><a href=\"https:\/\/www.weforum.org\/events\/the-davos-agenda-2021\">Davos Agenda<\/a><\/strong><strong> kicks off today and runs through<\/strong><strong> Friday. <\/strong>The Swiss ski town of Davos, which traditionally plays host to the annual gathering, is getting a break this year as the coronavirus forces the global elite to take to Zoom. A discussion on the global economic recovery will open the conference this morning while Chinese President Xi Jinping will be able to set the tone for the event when he gives the first special address in the afternoon.<\/p>\n<p><strong>An in-person WEF event is still in the cards for this year<\/strong>, scheduled to <a href=\"https:\/\/www.weforum.org\/press\/2020\/12\/special-annual-meeting-2021-to-take-place-in-singapore-in-may\/\">take place between<\/a><a href=\"https:\/\/www.weforum.org\/press\/2020\/12\/special-annual-meeting-2021-to-take-place-in-singapore-in-may\/\">25<\/a><a href=\"https:\/\/www.weforum.org\/press\/2020\/12\/special-annual-meeting-2021-to-take-place-in-singapore-in-may\/\">-28 May in Singapore<\/a>.<\/p>\n<p><strong>IN OUR BACKYARD: Turkey resumes talks with Greece today after a five year <\/strong><strong>hiatus <\/strong>marked by conflicts over maritime disputes in the Mediterranean, migration, and the divided island of Cyprus, <a href=\"https:\/\/www.reuters.com\/article\/us-eu-turkey\/turkey-hopes-mediterranean-talks-can-calm-choppy-waters-with-eu-idUSKBN29T062\">Reuters<\/a> reports.<\/p>\n<p><strong>IN THE HOUSE- <\/strong><\/p>\n<p><strong>Ministers <\/strong><strong><a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/399475\/Egypt\/Politics-\/Eight-cabinet-ministers-to-deliver-statements-befo.aspx\">appearing continue to present policy priorities to MPs.<\/a><\/strong> The irrigation and agriculture ministers went yesterday. Today will see Manpower Minister Mohamed Saafan and Emigration Minister Nabila Makram speak on unemployment and expatriate affairs today, while Foreign Minister Sameh Shoukry \u2014 who is expected to discuss what the new US administration means for Egypt \u2014 and Civil Aviation Minister Mohamed Manar Enaba will speak on Tuesday. Environment Minister Yasmine Fouad and Culture Minister Enas Abdel Dayem are up on Wednesday.<\/p>\n<p><strong>Also happening at the House this week: <\/strong>The House Planning and Budgeting Committee convenes today to discuss <strong>proposed amendments to the VAT Act<\/strong> and <strong>a bill <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7151a586-b7e8-4766-93ff-a2d9865543ce\">to exempt<\/a><\/strong><strong> government treasuries <\/strong>sold internationally<strong> from fees and taxes,<\/strong> reports <a href=\"https:\/\/bit.ly\/3c6OAHi\">Al Mal<\/a>. The <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/976a0bd2-9def-4208-8eed-a9bcee2355be\">changes to the VAT law<\/a> would apply the 14% tax to the rent and purchase of commercial and administrative properties.<\/p>\n<p><strong>The amendments would, if passed, also hike taxes on crackers and some forms of <\/strong><strong>sweets<\/strong> by scrapping a 5% schedule tax and instead making them subject to the full 14% VAT.<\/p>\n<p><strong>Further down the House\u2019s list of legislative priorities:<\/strong> The House ICT Committee expects to begin discussing the draft <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e099d4c6-2940-494e-a530-13decabda418\">E-Commerce Act<\/a> next month when the Madbouly Cabinet ships it back to parliament, committee head Ahmed Badawy tells <a href=\"https:\/\/alborsaanews.com\/2021\/01\/24\/1414685\">the local press<\/a>. The proposed law would tax the living daylights out of global tech giants for their ads and purchases made on their platforms.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>Egypt has qualified to the quarter-finals of the 2021 Men\u2019s Handball World <\/strong><strong>Championships<\/strong>, after <a href=\"https:\/\/www.ihf.info\/competitions\/men\/308\/27th-ihf-mens-world-championship-2021\/22415\/news\/26765\">drawing 25-25 with Slovenia<\/a> in the final group game yesterday. The Pharaohs took the lead in the second half before the eastern European side scored a late equalizer. Egypt finished the group with 7 points, a point behind group #1 Sweden.<\/p>\n<p><strong>We could be facing the world champions in the quarters: <\/strong>Egypt will face the team that finishes top of group two, which as things stand would be the defending world champion Denmark. The game will take place on Wednesday at 6:30 pm CLT.<\/p>\n<p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>Russian officials will land in Hurghada on Wednesday<\/strong> for the umpteenth inspection of the airport\u2019s security measures, ahead of a possible resumption of flights between Russia and the Red Sea resort town, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2240055\">Al Masry Al Youm<\/a> reports.<\/p>\n<p><strong>Tenders to set up three new commercial and logistics zones <\/strong>in Ismailia, Qalyubia, and South Sinai will be launched this month, head of the Internal Trade Development Agency Ibrahim Ashmawy told <a href=\"https:\/\/bit.ly\/3qKiLs2\">Al Mal<\/a>. Each zone will reel in some EGP 1.5 bn - 5 bn in investments, Ashmawy said.<\/p>\n<p><strong>FOR THE PHOTO NERDS among us: You\u2019re getting new cameras this week. <\/strong><a href=\"https:\/\/fstoppers.com\/gear\/next-week-will-be-huge-fujifilm-cameras-and-lenses-545258\">Fujifilm will<\/a><a href=\"https:\/\/fstoppers.com\/gear\/next-week-will-be-huge-fujifilm-cameras-and-lenses-545258\">announce a (small) medium format GFX100S on Wednesday<\/a> that looks set to be smaller and more affordable than the GFX100, but with the same 100MP sensor. Also look for a new compact X-E4 in the X-mount and some lenses. <a href=\"https:\/\/fstoppers.com\/gear\/sony-teases-new-alpha-camera-announcement-next-week-545268\">Sony is teasing a new camera tomorrow<\/a>, but details are scant: The leader in mirrorless camera sales is promising only \u201cThe one never seen.\u201d Whatever that means.<\/p>\n<p><strong>PSA- <\/strong><strong>Businesses have until 31 January (next Sunday) to file wage tax <\/strong><strong>returns for 2020<\/strong> including separate filings for the first and second halves of the year. Sole traders and folks who generate income from outside of their day job will also need to file electronically for the first time.<\/p>\n<p><strong>Time is running out if you haven\u2019t paid income, value-added, or real estate taxes<\/strong><strong> and want to settle up without all the late fees.<\/strong> Late taxpayers are still eligible for a 50% exemption on interest fees and late penalties <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=21012021&id=77f4f7a1-57f4-4d53-b82c-f66c8f64fbc1\">until 12 February<\/a> under <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ddb3ee90-21ad-4399-b893-acd41317dd44\">a bill<\/a> passed last year.<\/p>\n<p class='web-image'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg?ssl=1\" alt='enterprise'><\/p>\n<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>\n<p><strong>In today\u2019s issue: <\/strong>A centralized <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3ec7c805-6d54-4688-a6f1-136852bf5862\">Tansik-style platform<\/a> for private university admissions is being set up, and we\u2019ve previously looked at <a href=\"https:\/\/enterprise.press\/blackboards\/new-private-university-admissions-system-will-likely-work\/\">what to expect from it<\/a> and the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/933b6209-d198-46fe-a7b0-c0c3d15ce149\">reasons behind<\/a> launching it. Today we examine the big concerns with the new system \u2015 namely that it will negatively impact student choice through its electronic allocation mechanism and that universities\u2019 bottom lines may take a hit if student target numbers aren\u2019t reached.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/2021-handball-world-championships\/\">2021 Handball World Championships<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/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=\"559519\" 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=\"559519\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/559519\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559519\" class=\"content-area-description single-story post-559519 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\/1\/SOMA-ENTERPRISE-GOLFCHAMP.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559520\" 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=\"559520\">\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\">COVID WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/egypt-launches-vaccine-campaign-local-manufacturing-agreement-coming-in-weeks\/\">\r\n                            Egypt launches vaccine campaign, local manufacturing agreement coming in weeks                        <\/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\/01\/25\/egypt-launches-vaccine-campaign-local-manufacturing-agreement-coming-in-weeks\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The first doctor to receive the vaccine: Abdel Moneim Selim, who <a href=\"https:\/\/www.youm7.com\/story\/2021\/1\/24\/%D8%A3%D9%88%D9%84-%D8%B7%D8%A8%D9%8A%D8%A8-%D9%8A%D8%AD%D8%B5%D9%84-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%AA%D8%B7%D8%B9%D9%8A%D9%85-%D8%B6%D8%AF-%D9%83%D9%88%D8%B1%D9%88%D9%86%D8%A7-%D8%A7%D9%84%D9%84%D9%82%D8%A7%D8%AD-%D9%81%D8%B9%D8%A7%D9%84-%D9%88%D9%87%D9%8A%D8%AD%D9%85%D9%8A%D9%86%D8%A7\/5172748\">called on the public<\/a> to take the \u201csafe and effective\u201d vaccine.<\/p>\n<p><strong>The vaccine of choice?<\/strong> The Chinese <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cf9c4d8a-f9e7-42db-8659-e5eaf8a80788\">Sinopharm jab<\/a>, which was found to be 79% effective against the virus late last year.<\/p>\n<p><strong>Overall, the ministry plans to vaccinate over 410k medical staff<\/strong> and has prepared over 34 vaccine distribution centers nationwide, Health Minister Hala Zayed said at a press conference after watching over the administration of the first vaccination (<a href=\"https:\/\/bit.ly\/3a1VT0f\">watch, runtime: 44:13<\/a>). Medical staff at isolation, chest and fever hospitals are at the head of the list, followed by those with chronic conditions and the elderly.<\/p>\n<p><strong>There\u2019s no timeline yet for a wider rollout <\/strong>to citizens nationwide.<\/p>\n<p><strong>Pregnant women and children in <\/strong><strong>Egypt under 18 \u2014 or possibly 16 \u2014 will not be getting the jabs<\/strong>, since clinical studies have yet to confirm the vaccines are safe for these individuals, presidential health advisor Mohamed Awad Tag El Din, told Extra News (<a href=\"https:\/\/bit.ly\/3c39gAd\">watch, runtime: 10:50<\/a>). People with heart and lung diseases or immune disorders as well as cancer patients will be at the head of the list for the vaccine after medical professionals, Tag El Din said.<\/p>\n<p><strong>Members of the public will be able to <\/strong><strong>register for<\/strong><strong> the vaccine o<\/strong><strong>n <\/strong><strong><a href=\"http:\/\/mohpegypt.com\/\">a government website<\/a><\/strong><strong> once it goes live<\/strong>, or at their nearest hospital affiliated with the Health Ministry, Zayed said on El Hekaya <a href=\"https:\/\/www.youtube.com\/watch?v=RZdUGBYq4c0\">(watch, runtime: 2:22)<\/a>. <strong>The inoculation won\u2019t cost more than EGP 100<\/strong>, with people registered on the Takaful and Karama welfare programs receiving it for free.<\/p>\n<p><strong>People will not be given the first dose unless the second dose is available<\/strong>, she said <a href=\"https:\/\/www.youtube.com\/watch?v=1DePQVV-NsM\">(watch, runtime: 1:54)<\/a>. The second dose should be given 21 days after the initial inoculation.<\/p>\n<p><strong>But what are the side effects?<\/strong> People may experience a slight rise in temperature and muscle pain, which can be tempered with painkillers, Hossam Hosni, head of the Health Ministry\u2019s ciovid-19 committee, told Masaa DMC's Eman El Hosary <a href=\"https:\/\/www.youtube.com\/watch?v=wiyoGeEzmXE\">(watch, runtime: 4:44)<\/a>. Symptoms usually dissipate within 24 hours.<\/p>\n<p><strong>Another three jabs should get regulatory approval soon<\/strong> AstraZeneca, Sputnik V and Sinovac will all soon get the go-ahead for emergency use, Zayed told Kelma Akhira\u2019s Lamees El Hadidi last night (<a href=\"https:\/\/www.youtube.com\/watch?t=600&v=ZGmhtdkhl4o&feature=youtu.be\">watch, runtime: 17:21<\/a>). Sinopharm\u2019s vaccine is the only one to have been <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a2d8e6eb-a834-4940-b3d6-a56c1dab880a\">approved by Egyptian regulators<\/a> so far.<\/p>\n<p><strong>And how many doses do we have coming in the mail? <\/strong>Egypt will receive 40 mn doses \u2014 enough for 20 mn people \u2014 courtesy of Gavi (the Vaccine Alliance), 40 mn doses from Sinopharm and a further 20 mn from AstraZeneca, Zayed said <a href=\"https:\/\/www.youtube.com\/watch?v=T-McB7FPDuU\">(watch, runtime: 3:34)<\/a>. <strong>The delivery timeline remains unclear because of high global demand<\/strong> for very limited stocks, Zayed suggested.<\/p>\n<p><strong>Egypt expects to sign an agreement with a vaccine producer and begin local <\/strong><strong>manufacturing within weeks<\/strong>, Zayed said. Production would take place at Vacsera facilities, and would cover local supply as well as <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8db3a2cb-9a03-4d08-808a-7d1e7ba81649\">exports to other African<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8db3a2cb-9a03-4d08-808a-7d1e7ba81649\">countries<\/a>. Foreign Minister Sameh Shoukry has also previously <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d24beb1e-66ee-4aab-8477-e4d6a6518e74\">raised the possibility<\/a> of us jointly manufacturing the Sputnik V vaccine here at home.<\/p>\n<p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/www.facebook.com\/egypt.mohp\/photos\/a.122315979319023\/298354998381786\/\">reported<\/a><\/strong><strong> 674 new covid-19 infections yesterday<\/strong>, down from 680 the day before. Egypt has now disclosed a total of 161,817 confirmed cases of covid-19. The ministry also reported 57 new deaths, bringing the country\u2019s total death toll to 8,959.<\/p>\n<p><strong>The vaccine rollout is getting attention in the foreign press<\/strong>, including <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN29T0LD\">Reuters<\/a> and the <a href=\"https:\/\/apnews.com\/article\/immunizations-health-coronavirus-pandemic-suez-canal-egypt-f65c09c81cc21d847bd441d71a1b2f87\">Associated Press<\/a>.<\/p>\n<p><strong>And it dominated the coverage on the airwaves last night: <\/strong>Masaa DMC had coverage from the Abu Khalifa Hospital for isolation.<a href=\"https:\/\/www.youtube.com\/watch?v=OSNmluVhv9U\">(watch, runtime: 11:31)<\/a>, Al Hayah Al Youm covered the presser (watch, runtime: <a href=\"https:\/\/www.youtube.com\/watch?v=44OUZ1i-I-Y\">1:22<\/a> | <a href=\"https:\/\/www.youtube.com\/watch?v=k_mPcBwsFwM\">1:40<\/a>), Kelma Akira\u2019s Lamees El Hadidi also interviewed the health minister <a href=\"https:\/\/www.youtube.com\/watch?v=ZGmhtdkhl4o\">(watch, runtime: 17:21)<\/a>, while Ala Mas\u2019ouleety\u2019s Ahmed Moussa phoned the first doctor who received the vaccine in Egypt. <a href=\"https:\/\/www.youtube.com\/watch?v=WdvBYZubWS4\">(watch, runtime: 9:23)<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/astrazeneca\/\">AstraZeneca<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covax\/\">Covax<\/a>\n                <!-- <span 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href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sinopharm\/\">Sinopharm<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sinovac\/\">Sinovac<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sputnik-v\/\">Sputnik V<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/bank-abc-isnt-yet-buying-bloms-ins-arm\/&title=Bank ABC isn\u2019t yet buying Blom\u2019s ins. arm\">\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=Bank+ABC+isn%E2%80%99t+yet+buying+Blom%E2%80%99s+ins.+arm+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Fbank-abc-isnt-yet-buying-bloms-ins-arm%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\/01\/25\/bank-abc-isnt-yet-buying-bloms-ins-arm\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/301.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"559523\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/bank-abc-isnt-yet-buying-bloms-ins-arm\/301-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/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\/1\/301.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/301.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559522\" class=\"content-area-description single-story post-559522 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch tag-bahrain tag-bank-abc tag-banking tag-blom-bank tag-enterpriseam tag-lebanon tag-ma-watch 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>Bank ABC could be getting majority stakes in Blom Bank subsidiary <\/strong><strong><a href=\"https:\/\/aropeegypt.com.eg\/home1.html\">Arope<\/a><\/strong><strong><a href=\"https:\/\/aropeegypt.com.eg\/home1.html\">Ins. Egypt<\/a><\/strong>, <a href=\"http:\/\/bit.ly\/3c3wC8M\">Hapi Journal<\/a> reports, citing unnamed sources with knowledge of the matter. The Bahraini bank <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7f5950c1-ec0e-48cd-a605-1f1807efcbca\">last week agreed to buy<\/a> Blom\u2019s Egypt banking unit for EGP 6.7 bn, and according to sources may also get its hands on its ins. operations as the Lebanese lender looks to exit Egypt.<\/p>\n<p><strong>What\u2019s up for grabs?<\/strong> Sources say that Blom has agreed to sell ABC stakes in Egyptian insurers held by its subsidiary Arope Ins. Lebanon. Arope owns a 60% stake in Arope Egypt Property and Liability and an 80% stake in Arope Egypt Life.<\/p>\n<p><strong>It won\u2019t be happening for a while though:<\/strong> The two banks agreed to open negotiations for the assets 18 months after the acquisition of Blom Bank Egypt is finalized.<\/p>\n<p><strong>Why not do it all in one go?<\/strong> Blom Bank was apparently willing to offload its stakes in Arope Egypt in parallel with the sale of the bank, but ABC wants to reassess Arope\u2019s operations after 18 months before making a decision, the sources said. ABC also has exclusive rights to acquire the subsidiary for the next 18 months, meaning other buyers will only be able to bid if ABC opts out of the transaction.<\/p>\n<p><strong>OTHER M&A NEWS- EFG Hermes is reportedly advising Suez Cement on the <\/strong><strong>expected sale of its 51% stake in Kuwait\u2019s Hilal Cement<\/strong>, according to <a href=\"https:\/\/bit.ly\/3c4BB9e\">Hapi Journal<\/a>. An offer to offload the stake for some KWD 3 mn (c. EGP 156 mn) <a href=\"https:\/\/bit.ly\/2YdswCE\">kicked off<\/a> on the Kuwaiti stock exchange yesterday.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bank-abc\/\">Bank ABC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/blom-bank\/\">Blom Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/lebanon\/\">Lebanon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/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=\"559524\" 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=\"559524\">\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\">Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/cira-wants-in-on-the-nurseries-business\/\">\r\n                            CIRA wants in on the nurseries business                        <\/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\/01\/25\/cira-wants-in-on-the-nurseries-business\/\" 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\/01\/25\/cira-wants-in-on-the-nurseries-business\/')\">\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\/01\/25\/cira-wants-in-on-the-nurseries-business\/\">\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=CIRA wants in on the nurseries business&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/cira-wants-in-on-the-nurseries-business\/\">\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\/01\/25\/cira-wants-in-on-the-nurseries-business\/&title=CIRA wants in on the nurseries business\">\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=CIRA+wants+in+on+the+nurseries+business+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Fcira-wants-in-on-the-nurseries-business%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\/01\/25\/cira-wants-in-on-the-nurseries-business\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/304.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"559525\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/cira-wants-in-on-the-nurseries-business\/304-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/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\/1\/304.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/304.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559524\" class=\"content-area-description single-story post-559524 post type-post status-publish format-standard has-post-thumbnail hentry category-education tag-cira-education tag-education tag-enterpriseam tag-investment-watch 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>CIRA has acquired a 51% stake in early education startup <\/strong><strong><a href=\"https:\/\/www.linkedin.com\/company\/innovvette-for-education\/\">Innovvette for Education<\/a><\/strong>, the private sector education outfit said in <a href=\"https:\/\/ent.news\/2021\/1\/CIRA-Innovette-PRL_Jan-24-2021_V6.pdf\">a statement (pdf)<\/a> yesterday. CIRA plans to invest some EGP 50 mn to expand Innovette\u2019s footprint as it looks to start 25 nurseries within five years, the company said in a <a href=\"https:\/\/ent.news\/2021\/1\/Cira-invests-in-Innovvette-24-01-21.pdf\">regulatory filing (pdf)<\/a>. The first three nurseries will operate under the Steamulation Hub and KidzGround brands, and will be located in Maadi and Fayoum.<\/p>\n<p><strong>Innovvette was founded late last year<\/strong> by early childhood education pioneer <a href=\"https:\/\/www.linkedin.com\/in\/dina-abdelwahab\/?originalSubdomain=ca\">Dina Abdel Wahab<\/a>. The company aims to become the leading player in Egypt, the Middle East, and Africa, according to its mission statement.<\/p>\n<p><strong>This will be CIRA\u2019s first foray into the nursery and pre-school segment<\/strong><strong>.<\/strong> \u201cWe\u2019ve been seeing a huge demand and a growing market potential in this sector \u2026 [and Innovvette] will be a great addition to CIRA\u2019s flagship,\u201d CEO Mohamed El Kalla said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cira-education\/\">CIRA Education<\/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\/investment-watch\/\">investment watch<\/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=\"559526\" 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=\"559526\">\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\">Privatization<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/sovereign-fund-eyes-controlling-stake-in-e-finance\/\">\r\n                            Sovereign Fund eyes controlling stake in e-Finance                        <\/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\/01\/25\/sovereign-fund-eyes-controlling-stake-in-e-finance\/\" 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\/01\/25\/sovereign-fund-eyes-controlling-stake-in-e-finance\/')\">\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\/01\/25\/sovereign-fund-eyes-controlling-stake-in-e-finance\/\">\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=Sovereign Fund eyes controlling stake in e-Finance&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/sovereign-fund-eyes-controlling-stake-in-e-finance\/\">\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\/01\/25\/sovereign-fund-eyes-controlling-stake-in-e-finance\/&title=Sovereign Fund eyes controlling stake in e-Finance\">\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=Sovereign+Fund+eyes+controlling+stake+in+e-Finance+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Fsovereign-fund-eyes-controlling-stake-in-e-finance%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\/01\/25\/sovereign-fund-eyes-controlling-stake-in-e-finance\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559526\" class=\"content-area-description single-story post-559526 post type-post status-publish format-standard hentry category-privatization-watch tag-e-finance tag-enterpriseam tag-ipo-watch tag-national-investment-bank tag-non-banking-financial-services tag-privatization-watch tag-sovereign-fund-of-egypt 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>SFE eyeing controlling stake in e-Finance ahead of its IPO?<\/strong> The Sovereign Fund of Egypt is reportedly in negotiations to acquire part of the National Investment Bank\u2019s (NIB) 69% stake in state-owned e-payments platform e-Finance, the <a href=\"https:\/\/alborsaanews.com\/2021\/01\/24\/1414595\">local press<\/a> reports, citing sources with knowledge of the matter. The exact size of the stake the SFE is looking to snap up is still under negotiation, but the sources suggest the fund is looking to acquire a controlling stake. The potential acquisition comes as part of the SFE\u2019s plans to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d9f7308b-f6f1-4b4f-85f5-5e7d3d7c936b\">expand its investments<\/a> in the non-banking financial services sector, the sources said.<\/p>\n<p><strong>The potential transaction is expected to close in 1H2021<\/strong>, meaning that it could happen before e-Finance debuts on the EGX. The payments platform is reportedly dusting off <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e5fe0d80-d23b-4f30-b0cc-8aa46f60fff9\">plans to IPO<\/a> and take <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/61105818-f5d8-4b85-9804-34f34ed309cf\">an undisclosed stake<\/a> in the company to market in 2Q2021.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/e-finance\/\">e-finance<\/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\/national-investment-bank\/\">National Investment Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/non-banking-financial-services\/\">non-banking financial services<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/privatization-watch\/\">privatization watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sovereign-fund-of-egypt\/\">Sovereign Fund of Egypt<\/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=\"559527\" 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=\"559527\">\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\">Automotive<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/\">\r\n                            More EVs, coming right up                        <\/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\/01\/25\/more-evs-coming-right-up\/\" 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\/01\/25\/more-evs-coming-right-up\/')\">\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\/01\/25\/more-evs-coming-right-up\/\">\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=More EVs, coming right up&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/\">\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\/01\/25\/more-evs-coming-right-up\/&title=More EVs, coming right up\">\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=More+EVs%2C+coming+right+up+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Fmore-evs-coming-right-up%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\/01\/25\/more-evs-coming-right-up\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/305.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"559528\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/305-jpg-60\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/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\/1\/305.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/305.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559527\" class=\"content-area-description single-story post-559527 post type-post status-publish format-standard has-post-thumbnail hentry category-automotive tag-automotive tag-enterpriseam tag-tahya-misr-fund 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-05\"><\/a> <strong>EV production plans seeing the light?<\/strong> A project to locally assemble electric vehicles between the Military Production Ministry and an unnamed international company will officially be announced this Wednesday, <a href=\"https:\/\/bit.ly\/367Di1T\">Youm7<\/a> reports. The article does not name the company, but our guess is that this is a revival of the National Organization for Military Production\u2019s (NOMP) <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/08\/egypt-signs-mou-with-chinas-geely-to-locally-produce-electric-cars\/\">2019 MoU<\/a> with China\u2019s Geely. According to the newspaper, the ministry\u2019s Helwan Machinery and Equipment Company will set up and operate the production lines.<\/p>\n<p><strong>What are the specs?<\/strong> All we know so far is that the vehicles produced will meet a 45% local component quota.<\/p>\n<p><strong>Full speed ahead towards our electric future:<\/strong> The project\u2019s kick-off comes on the heels of state-owned El Nasr moving ahead with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/42ebc60e-2d0f-40a7-a82e-41296a02f798\">locally producing EVs with China\u2019s Dongfeng<\/a>, after signing the contracts earlier this month. This all comes as the country\u2019s infrastructure to accommodate electric vehicles is expanding and should include <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2fa3cac6-21f1-4d7c-bf73-f6fd8b49d842\">more than 3k charging stations by 2024<\/a>. The NOMP <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/02\/egypt-signs-mou-with-chinese-companies-to-produce-ev-charging-stations\/\">had also signed<\/a> an MoU with China\u2019s SSE International and Marathon International Technology to begin production of EV charging stations.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tahya-misr-fund\/\">Tahya Misr Fund<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559529\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"559529\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/559529\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559529\" class=\"content-area-description single-story post-559529 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/www.sodic.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/Sodic-Karmell2-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559530\" 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=\"559530\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/whos-in-the-market-for-debt\/\">\r\n                            Who\u2019s in the market for debt?                        <\/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\/01\/25\/whos-in-the-market-for-debt\/\" 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\/01\/25\/whos-in-the-market-for-debt\/')\">\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\/01\/25\/whos-in-the-market-for-debt\/\">\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=Who\u2019s in the market for debt?&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/whos-in-the-market-for-debt\/\">\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\/01\/25\/whos-in-the-market-for-debt\/&title=Who\u2019s in the market for debt?\">\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=Who%E2%80%99s+in+the+market+for+debt%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Fwhos-in-the-market-for-debt%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\/01\/25\/whos-in-the-market-for-debt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559530\" class=\"content-area-description single-story post-559530 post type-post status-publish format-standard hentry category-debt-watch tag-al-tayseer-healthcare-group tag-arab-african-international-bank tag-banque-misr tag-debt-watch tag-enterpriseam tag-export-development-bank-of-egypt tag-housing-and-development-bank tag-zed wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Al Tayseer Healthcare Group is looking to borrow EGP 200 mn from the Arab <\/strong><strong>African International Bank to finance its expansion plans<\/strong>, with the final contracts expected to be signed within weeks, Al Tayseer CEO Mohamed Gazar tells <a href=\"https:\/\/alborsaanews.com\/2021\/01\/24\/1414598\">the local press<\/a>. The expansions include adding 120 new hospital beds, expanding the ICU unit, and launching new specialties such as tumor diagnosis at its hospital in Zagazig this year, as well as setting up an ophthalmology center.<\/p>\n<p><strong>Ora Developments is getting a EGP 2.54 bn loan from a banking syndicate led by <\/strong><strong>Emirates NBD Egypt<\/strong>, along with Banque Misr, the Export Development Bank Of Egypt, and the Housing and Development Bank, reports <a href=\"https:\/\/bit.ly\/3qNVC85\">Al Mal<\/a>. The funding will be used to partly finance the construction of the first and second phases of Sheikh Zayed\u2019s Zed project.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/al-tayseer-healthcare-group\/\">Al Tayseer Healthcare Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/arab-african-international-bank\/\">Arab African International Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banque-misr\/\">Banque Misr<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt-watch\/\">debt watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/export-development-bank-of-egypt\/\">Export Development Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/housing-and-development-bank\/\">Housing and Development Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/zed\/\">ZED<\/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=\"559531\" 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=\"559531\">\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\">Economy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/an-industrial-shake-up\/\">\r\n                            An industrial shake-up?                        <\/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\/01\/25\/an-industrial-shake-up\/\" 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\/01\/25\/an-industrial-shake-up\/')\">\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\/01\/25\/an-industrial-shake-up\/\">\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=An industrial shake-up?&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/an-industrial-shake-up\/\">\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\/01\/25\/an-industrial-shake-up\/&title=An industrial shake-up?\">\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=An+industrial+shake-up%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Fan-industrial-shake-up%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\/01\/25\/an-industrial-shake-up\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/306.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"559532\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/an-industrial-shake-up\/306-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/306.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"306.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/306.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/306.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559531\" class=\"content-area-description single-story post-559531 post type-post status-publish format-standard has-post-thumbnail hentry category-economy tag-digitization tag-economic-reform-program tag-economy tag-enterpriseam tag-imf tag-industry tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egyptian policymakers need to shake up the country\u2019s industrial sector <\/strong>and put into place a new industrial policy to kickstart economic activity, Beltone Financial executive chairman and capital markets veteran Maged Shawky in an interview with Al Arabiya (<a href=\"https:\/\/www.alarabiya.net\/ar\/aswaq\/economy\/2021\/01\/24\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D9%85%D8%B5%D8%B1-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A8%D9%84%D8%AA%D9%88%D9%86-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D8%B5%D9%86%D8%A7%D8%B9%D8%A7%D8%AA-%D9%85%D8%B5%D8%B1-%D8%AA%D8%AD%D8%AA%D8%A7%D8%AC-%D9%84%D8%A7%D8%B9%D8%A7%D8%AF%D8%A9-%D9%87%D9%8A%D9%83%D9%84%D8%A9\">watch, runtime: 06:49<\/a>). Egypt\u2019s large industrial sector already plays an important role in terms of trade and economic growth, but a reorientation of policy towards providing more financial and logistical support, especially when it comes to small-scale, labor-intensive, and export-oriented factories, will better serve the sector, Shawky said.<\/p>\n<p><strong>Digitization and data: <\/strong>As Egypt pushes on with post-IMF structural reform, it\u2019s important to make use of existing tech infrastructure to enable growth in the country\u2019s data, server hosting, and cloud infrastructure sectors, Shawky said. With enough government support, progress in those areas would be key to successful structural reform, he added. Those sectors are being discussed everywhere now, and Shawky believes that, down the line, they\u2019ll be as influential to economic growth as oil prices.<\/p>\n<p><strong>Have you been reading Hardhat? <\/strong>We recently took a deep-dive into Egypt\u2019s data center landscape in <a href=\"https:\/\/enterprise.press\/hardhats\/egypt-way-becoming-data-hub-part-1\/\">part 1<\/a> of a three-part series examining Egypt\u2019s potential to emerge as a regional hub for data centers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/digitization\/\">digitization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economic-reform-program\/\">economic reform program<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/imf\/\">IMF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/industry\/\">industry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/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=\"559533\" 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=\"559533\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/sodics-residential-sales-rose-19-y-o-y-in-2020\/\">\r\n                            Sodic\u2019s residential sales rose 19% y-o-y in 2020                        <\/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\/01\/25\/sodics-residential-sales-rose-19-y-o-y-in-2020\/\" 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\/01\/25\/sodics-residential-sales-rose-19-y-o-y-in-2020\/')\">\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\/01\/25\/sodics-residential-sales-rose-19-y-o-y-in-2020\/\">\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=Sodic\u2019s residential sales rose 19% y-o-y in 2020&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/sodics-residential-sales-rose-19-y-o-y-in-2020\/\">\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\/01\/25\/sodics-residential-sales-rose-19-y-o-y-in-2020\/&title=Sodic\u2019s residential sales rose 19% y-o-y in 2020\">\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=Sodic%E2%80%99s+residential+sales+rose+19%25+y-o-y+in+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Fsodics-residential-sales-rose-19-y-o-y-in-2020%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\/01\/25\/sodics-residential-sales-rose-19-y-o-y-in-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559533\" class=\"content-area-description single-story post-559533 post type-post status-publish format-standard hentry category-earnings-watch tag-earnings-watch tag-enterpriseam tag-magued-sherif tag-sodic wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> Sodic shrugged off the covid-19 lockdown to post record gross sales in 2020<\/strong>, the company\u2019s <a href=\"https:\/\/ent.news\/2021\/1\/FY2020-Operational-Results-PRL_En.pdf\">operational results (pdf)<\/a> revealed yesterday. The company sold more than 1.3k units last year, pushing gross contracted sales to a record EGP 7.4 bn, up 2% y-o-y. The strong figures were driven by residential sales, which rose 19% y-o-y to EGP 7.2 bn. West Cairo projects such as Vye, The Estates, and Karmell accounted for 61% of gross contracted sales while Sodic East and Villete in East Cairo made up the remainder. Sodic met its delivery target during 2020, with some 1,162 units handed over. \u201cThe company\u2019s proven track record, strong financials and disciplined approach have allowed us to safely weather a very difficult year.\u201d commented Sodic Managing Director Magued Sherif.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/earnings-watch\/\">earnings watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/magued-sherif\/\">Magued Sherif<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sodic\/\">SODIC<\/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=\"559534\" 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=\"559534\">\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\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/amr-el-feky-tapped-as-pod-chairman-gamal-salah-staying-on-as-ceo\/\">\r\n                            Amr El Feky tapped as POD chairman, Gamal Salah staying on as CEO                        <\/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\/01\/25\/amr-el-feky-tapped-as-pod-chairman-gamal-salah-staying-on-as-ceo\/\" 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\/01\/25\/amr-el-feky-tapped-as-pod-chairman-gamal-salah-staying-on-as-ceo\/')\">\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\/01\/25\/amr-el-feky-tapped-as-pod-chairman-gamal-salah-staying-on-as-ceo\/\">\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=Amr El Feky tapped as POD chairman, Gamal Salah staying on as CEO&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/amr-el-feky-tapped-as-pod-chairman-gamal-salah-staying-on-as-ceo\/\">\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\/01\/25\/amr-el-feky-tapped-as-pod-chairman-gamal-salah-staying-on-as-ceo\/&title=Amr El Feky tapped as POD chairman, Gamal Salah staying on as CEO\">\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=Amr+El+Feky+tapped+as+POD+chairman%2C+Gamal+Salah+staying+on+as+CEO+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Famr-el-feky-tapped-as-pod-chairman-gamal-salah-staying-on-as-ceo%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\/01\/25\/amr-el-feky-tapped-as-pod-chairman-gamal-salah-staying-on-as-ceo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559534\" class=\"content-area-description single-story post-559534 post type-post status-publish format-standard hentry category-moves tag-enterpriseam tag-moves tag-pod-egypt tag-united-media-services-company wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong><a href=\"https:\/\/podegypt.com\/united-media-services\/\">United Media Services<\/a><\/strong> has tapped <strong>Amr El Feky<\/strong> as the <strong>chairman<\/strong> of its PR agency, <strong>POD Egypt<\/strong>, and has renewed <strong>Gamal Salah<\/strong>\u2019s (<a href=\"https:\/\/www.linkedin.com\/in\/gamal-salah-211b8396\/\">LinkedIn<\/a>) term as <strong>POD\u2019s CEO<\/strong>, <a href=\"https:\/\/bit.ly\/3a62ZBg\">Youm7<\/a> reports. United Media owns Youm7, ON Network, and Egypt Today, among other media outlets and service providers. Salah has been at POD\u2019s helm for the past five years.<\/p>\n<p><em>CORRECTION- 25 January 2021<\/em><\/p>\n<p><em>An earlier version of this story stated that Gamal Salah is POD's managing director.<\/em><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moves\/\">moves<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pod-egypt\/\">POD Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/united-media-services-company\/\">United Media Services Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n            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stk-container stk-8sq5qr2-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-8sq5qr2-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-ex6cldv\" 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class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-zweokvl\" data-v=\"4\" data-block-id=\"zweokvl\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-zweokvl-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-zweokvl-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-3dus8ga\" data-v=\"4\" data-block-id=\"3dus8ga\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-3dus8ga-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-3dus8ga-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 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         \"\r\n            id=\"559536\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/last-nights-talk-shows-on-25-january-2021\/\">\r\n                            Last Night\u2019s Talk Shows on 25 January 2021                        <\/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            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<\/a>\r\n\r\n                \n<article id=\"post-559536\" class=\"content-area-description single-story post-559536 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-2021-world-handball-championships tag-enterpriseam tag-gerd tag-house-of-representatives tag-irrigation-ministry tag-last-nights-talk-shows tag-politics wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The start of Egypt\u2019s vaccine program held the attention of the nation\u2019s talking heads for most of the night last night<\/strong>, which we cover in full in this morning\u2019s Covid Watch, above.<\/p>\n<p><strong>GERD dominated the conversation in the House yesterday<\/strong> as the irrigation and agriculture ministers took their turns to address the new batch of MPs. Irrigation Minister Mohamed Abdel Aty blamed the failure of the talks on Ethiopia's \u201cintransigence\u201d and said that reaching an agreement that safeguards Egypt\u2019s water quota is currently \u201cthe most important file for all state authorities.\u201d Mohamad Aboul Enein, the new Deputy House Speaker, called on the government to reach out to the US, UN and European Union to convince them to weigh in more forcefully on Egypt\u2019s side. Al Hayah Al Youm's Lobna Assal <a href=\"https:\/\/www.youtube.com\/watch?v=hPx2u83DKh8\">(watch, runtime: 7:49)<\/a> and Ala Mas\u2019ouleety\u2019s Ahmed Moussa (watch, runtime: <a href=\"https:\/\/www.youtube.com\/watch?v=atJGkZ-EIMk\">5:02<\/a> | <a href=\"https:\/\/www.youtube.com\/watch?v=f-DMMTdtQJ8\">4:21<\/a> | <a href=\"https:\/\/www.youtube.com\/watch?v=RW4PFivqbUw\">4:35<\/a>) both had coverage of the session.<\/p>\n<p><strong>The Pharaohs\u2019 qualification to the handball quarter-finals got attention across the<\/strong> <strong>airwaves <\/strong>after the team drew 25-25 with Slovenia last night (Masaa DMC | <a href=\"https:\/\/www.youtube.com\/watch?v=2UmNWorlH3g\">watch, runtime: 1:30<\/a>) (Kelma Akhira | <a href=\"https:\/\/www.youtube.com\/watch?v=DzjldUapJCA\">watch, runtime: 2:00<\/a>), ( Ala Mas\u2019ouleety | <a href=\"https:\/\/www.youtube.com\/watch?v=9XhHyKJ6GCM\">watch, runtime: 1:33<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/2021-world-handball-championships\/\">2021 World Handball Championships<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/irrigation-ministry\/\">Irrigation Ministry<\/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\/politics\/\">politics<\/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=\"559537\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559538\" 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=\"559538\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/egypt-in-the-news-on-25-january-2021\/\">\r\n                            Egypt in the News on 25 January 2021                        <\/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\/01\/25\/egypt-in-the-news-on-25-january-2021\/\" 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\/01\/25\/egypt-in-the-news-on-25-january-2021\/')\">\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\/01\/25\/egypt-in-the-news-on-25-january-2021\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the News on 25 January 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/egypt-in-the-news-on-25-january-2021\/\">\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\/01\/25\/egypt-in-the-news-on-25-january-2021\/&title=Egypt in the News on 25 January 2021\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+25+January+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Fegypt-in-the-news-on-25-january-2021%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\/01\/25\/egypt-in-the-news-on-25-january-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559538\" class=\"content-area-description single-story post-559538 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The 10th anniversary of the 25 January Revolution is dominating the <\/strong><strong>conversation in the foreign press this morning. <\/strong>The <a href=\"https:\/\/www.theguardian.com\/world\/2021\/jan\/24\/egypt-lost-revolution-hosni-mubarak-military-takeover\">Guardian\u2019s<\/a> Martin Chulov calls it \u201cEgypt's lost revolution\u201d and <a href=\"https:\/\/www.telegraph.co.uk\/news\/2021\/01\/24\/ten-years-egypts-arab-spring-has-become-tahrir-square-revolutionaries\/\">the Telegraph\u2019s<\/a> Colin Freeman reconnecting with several ex-revolutionaries 10 years after the uprising. Elsewhere, <a href=\"https:\/\/apnews.com\/article\/egypt-cairo-hosni-mubarak-middle-east-8c26e3648a69dbd76fb6865e15e6143d\">the Associated Press<\/a> talks to several people living in exile who recall their experiences of the revolution.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559539\" 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=\"559539\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/also-on-our-radar-on-25-january-2021\/\">\r\n                            Also on our radar on 25 January 2021                        <\/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\/01\/25\/also-on-our-radar-on-25-january-2021\/\" 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\/01\/25\/also-on-our-radar-on-25-january-2021\/')\">\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\/01\/25\/also-on-our-radar-on-25-january-2021\/\">\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=Also on our radar on 25 January 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/also-on-our-radar-on-25-january-2021\/\">\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\/01\/25\/also-on-our-radar-on-25-january-2021\/&title=Also on our radar on 25 January 2021\">\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=Also+on+our+radar+on+25+January+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Falso-on-our-radar-on-25-january-2021%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\/01\/25\/also-on-our-radar-on-25-january-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559539\" class=\"content-area-description single-story post-559539 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-amazon tag-cisco tag-economic-reform-program tag-enterpriseam tag-ibm tag-legislation tag-microsoft tag-penal-code tag-public-sector wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Hassan Allam Holding lands contracts for seven major infrastructure <\/strong><strong>projects: <\/strong>Hassan Allam Holding <a href=\"https:\/\/ent.news\/2021\/1\/Hassan-Allam-New-Infrastructure-Projects-En-Final.pdf\">said yesterday (pdf)<\/a> that subsidiaries Hassan Allam Construction and the International Environmental Technologies Company (Intech) have landed contracts for infrastructure, water and wastewater treatment projects in seven villages spanning five governorates. \u201cThe seven new projects will collectively have a total output capacity of 170k m3\/day to serve more than 1.5 mn people,\u201d Hassan Allam Construction CEO Mohamed El Dahshoury said, noting the group is also on track to deliver a water treatment plant in Six of October and a wastewater treatment facility in the new administrative capital.<\/p>\n<p><strong>The Public Enterprises Ministry will appoint a liquidator for Egyptian Iron & <\/strong><strong>Steel in three weeks<\/strong>, around the same time that the spun-off mining company is <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9b748225-a6d3-48e2-92f9-08844c93ae45\">registered on the EGX<\/a> ahead of listing, Minister <a href=\"https:\/\/www.alborsaanews.com\/2021\/01\/24\/1414796\">Hisham Tawfik said<\/a> yesterday. The ministry plans to provide each worker with at least EGP 225k in compensation when the company is dissolved, and has taken out a EGP 1 bn loan from the National Investment Bank to fund the payments, <a href=\"https:\/\/bit.ly\/2MjYFWC\">Tawfik said yesterday<\/a>.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>IBM, Cisco, Microsoft, VMWare and Amazon Web Services <\/strong><a href=\"https:\/\/bit.ly\/3qOzJW2\">are working<\/a> with the CIT Ministry to provide workshops, provide practical training, and offer employment for science and tech graduate students under the ministry\u2019s <a href=\"https:\/\/debi.gov.eg\/StaticContent\/AboutDebi\">Digital Egypt Builders Initiative (DEBI)<\/a>. <\/li>\n<li><strong>Men could receive five-year jail terms for domestic violence <\/strong>under <a href=\"https:\/\/bit.ly\/3pdLl4Q\">draft<\/a><a href=\"https:\/\/bit.ly\/3pdLl4Q\">amendments to the penal code<\/a> that MP Amal Salama plans to submit to the House.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/amazon\/\">Amazon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cisco\/\">Cisco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economic-reform-program\/\">economic reform program<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ibm\/\">IBM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/microsoft\/\">microsoft<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/penal-code\/\">penal code<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/public-sector\/\">public sector<\/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=\"559540\" 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=\"559540\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/what-the-markets-are-doing-on-25-january-2021\/\">\r\n                            What the markets are doing on 25 January 2021                        <\/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\/01\/25\/what-the-markets-are-doing-on-25-january-2021\/\" 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\/01\/25\/what-the-markets-are-doing-on-25-january-2021\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n    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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/what-the-markets-are-doing-on-25-january-2021\/&title=What the markets are doing on 25 January 2021\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+the+markets+are+doing+on+25+January+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Fwhat-the-markets-are-doing-on-25-january-2021%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\/01\/25\/what-the-markets-are-doing-on-25-january-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/309.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"559541\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/what-the-markets-are-doing-on-25-january-2021\/309-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/309.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"309.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/309.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/309.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559540\" class=\"content-area-description single-story post-559540 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-cit tag-emerging-markets tag-enterpriseam tag-financial-markets tag-france tag-ma-watch tag-orange-concessions tag-orange-egypt tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_408150\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408151.svg\" alt=\"\" class=\"wp-image-408151\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><a class=\"content-anchor\" id=\"tldr-story-11\"><\/a> <strong>Investors might be pinning their hopes on the Fed to maintain the<\/strong> <strong>emerging-market rally<\/strong>, which showed signs of faltering late last week, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-01-24\/emerging-markets-gripped-by-greed-now-turn-to-fed-for-fresh-spur?srnd=premium-europe&amp;sref=mmeFTDW1\">Bloomberg<\/a> says. Vaccine hopes and optimism over the global recovery has pushed EM stocks to record highs in recent weeks but declines in local-currency bonds and a basket of currencies on Friday indicated increasing anxiety over the global economy. Traders will be looking to Washington on Wednesday when the Fed holds its policy meeting for signs that it will keep the liquidity taps on, the business information service says.<\/p><p><strong>GLOBAL M&amp;A WATCH- Advisers are bullish that the 2020 tech M&amp;A boom will<\/strong> <strong>continue this year<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-01-24\/why-dealmakers-expect-tech-m-a-to-keep-up-its-red-hot-run?srnd=premium-middle-east&amp;sref=mmeFTDW1\">Bloomberg<\/a> reports. Volume hit a record USD 470 bn last year as surging tech stocks and central bank liquidity provoked a wave of market concentration. Analysts expect it to continue this year, predicting enterprise technology companies with market values in the range of USD 20-100 bn to look at acquisitions in a bid to eclipse companies such as Adobe and Salesforce.<\/p><p><strong>The red-hot market for IPOs and blank-check companies won\u2019t necessarily work against<\/strong> <strong>M&amp;A: <\/strong>\u201c[The IPO market] actually spawns more <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a6ab3251-641a-4e2c-aa00-6b8486d10c68\">SPACs<\/a>, which in turn drive M&amp;A volume,\u201d said Marco Caggiano, JPMorgan Chase &amp; Co.\u2019s co-head of North America M&amp;A.<\/p><p><strong>Biden\u2019s regulatory + tax plans could pose a stumbling block:<\/strong> Questions remain about how the new Biden administration will react to major acquisitions in the tech sector, which is facing more scrutiny from Capitol Hill than ever before, while tax changes could also push CEOs to finalize transactions earlier.<\/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>11,525<\/p>\n<\/td>\n<td>\n<p>-1.1% (YTD: +6.3%)<\/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 15.67<\/p>\n<\/td>\n<td>\n<p>Sell 15.77<\/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 15.67<\/p>\n<\/td>\n<td>\n<p>Sell 15.77<\/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-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>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>8,829<\/p>\n<\/td>\n<td>\n<p>-0.5% (YTD: +1.6%)<\/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>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>5,613<\/p>\n<\/td>\n<td>\n<p>- (YTD: +11.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,715<\/p>\n<\/td>\n<td>\n<p>-0.7% (YTD: +9.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>3,841<\/p>\n<\/td>\n<td>\n<p>-0.3% (YTD: +2.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>6,695<\/p>\n<\/td>\n<td>\n<p>-0.3% (YTD: +3.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 55.41<\/p>\n<\/td>\n<td>\n<p>-1.2%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.45<\/p>\n<\/td>\n<td>\n<p>-1.8%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,855<\/p>\n<\/td>\n<td>\n<p>-0.8%<\/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 31,978<\/p>\n<\/td>\n<td>\n<p>-1.2% (as of midnight)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><p><strong>The EGX30 fell 1.1% yesterday<\/strong> on turnover of EGP 1.5 bn (9.5% above the 90-day average). Regional investors were net buyers. The index is up 6.3% YTD.<\/p><p><strong>In the green: <\/strong>Dice (+3.5%), Orascom Development Egypt (+1.9%) and Beltone Financial Investment (+0.7%).<\/p><p><strong>In the red: <\/strong>Edita (-2.2%), Ezz Steel (-1.9%) and CIB (-1.9%).<\/p><p><strong>Asian shares were mostly in the green during early trading this morning.<\/strong> The picture looks mixed for Europe while US futures have markets opening in the green later today.<\/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\/cit\/\">CIT<\/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\/france\/\">France<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orange-concessions\/\">Orange Concessions<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orange-egypt\/\">Orange Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/planet-finance\/\">Planet Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559542\" 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=\"559542\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/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\/01\/25\/google-threatens-to-quit-down-under\/\">\r\n                            Google threatens to quit Down Under                        <\/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\/01\/25\/google-threatens-to-quit-down-under\/\" 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\/01\/25\/google-threatens-to-quit-down-under\/')\">\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\/01\/25\/google-threatens-to-quit-down-under\/\">\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=Google threatens to quit Down Under&url=https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/google-threatens-to-quit-down-under\/\">\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\/01\/25\/google-threatens-to-quit-down-under\/&title=Google threatens to quit Down Under\">\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=Google+threatens+to+quit+Down+Under+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F01%2F25%2Fgoogle-threatens-to-quit-down-under%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\/01\/25\/google-threatens-to-quit-down-under\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559542\" class=\"content-area-description single-story post-559542 post type-post status-publish format-standard hentry category-around-the-world tag-around-the-world tag-australia tag-diplomacy tag-enterpriseam tag-google tag-israel tag-joe-biden tag-politics tag-regulation tag-uae tag-us wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Also worth noting this morning:<\/p>\n<ul>\n<li><strong>Fahad Al-Mubarak is once again the governor of Saudi Arabia\u2019s central bank<\/strong> after Ahmed Alkholifey was somewhat unceremoniously <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-01-24\/saudi-arabia-removes-central-bank-governor-in-reshuffle?srnd=premium-middle-east&sref=mmeFTDW1\">removed from office<\/a>. The announcement came as KSA said it aimed to double the size of its sovereign wealth fund by 2025.<\/li>\n<li><strong>The Biden administration will work with Israel to expand on the Trump-era<\/strong><strong> agreements signed with the UAE, Bahrain, Sudan and Morocco<\/strong>, White House national security adviser Jake Sullivan told his Israeli counterpart on Saturday, according to <a href=\"https:\/\/www.reuters.com\/article\/us-israel-gulf-usa\/u-s-will-work-with-israel-to-build-on-regional-normalization-agreements-biden-national-security-adviser-idUSKBN29T0DG?il=0\">Reuters<\/a>. The government will also <a href=\"https:\/\/www.reuters.com\/article\/us-usa-trump-legacy-mideast-analysis-idUSKBN29P1RB\">uphold Trump\u2019s controversial decision<\/a> to move the US embassy to Jerusalem.<\/li>\n<li><strong>The UAE has greenlit the establishment of an embassy in Tel Aviv.<\/strong> The Emirati cabinet approved the decision yesterday, <a href=\"https:\/\/www.wam.ae\/ar\/details\/1395302903921\">Emirates News Agency (WAM)<\/a> reported.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/around-the-world\/\">Around the World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/australia\/\">Australia<\/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\/google\/\">Google<\/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\/joe-biden\/\">Joe Biden<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/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=\"559543\">\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\" 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              <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/310.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=\"559544\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/why-the-new-private-sector-university-application-system-seems-antithetical-to-a-private-sector-university-system\/310-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/310.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"310.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/310.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/310.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-559543\" class=\"content-area-description post-559543 blackboard type-blackboard status-publish has-post-thumbnail hentry tag-admissions tag-arts-academy tag-chinese-university tag-education tag-el-shorouk tag-enterprise-blackboard tag-enterpriseam tag-future-university tag-japanese-university tag-misr-university-for-science-and-technology tag-supreme-council-for-private-universities 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-10\"><\/a><strong> Why the new private sector university application system seems antithetical to a <\/strong><strong>private sector university system: <\/strong>The Higher Education Ministry is launching <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3ec7c805-6d54-4688-a6f1-136852bf5862\">a centralized platform<\/a> for private university applications. We\u2019ve laid out the <a href=\"https:\/\/enterprise.press\/blackboard\/\">structure of the new system<\/a>, and <a href=\"https:\/\/enterprise.press\/blackboards\/need-new-private-sector-university-application-system\/\">why there was a need to launch it<\/a> \u2014 primarily that it stops private universities admitting students who fail to meet their academic criteria because they can pay or have connections.<\/p>\n<p><strong>But concerns exist primarily over choice:<\/strong> The electronic platform will allocate students to universities based on their final grade, superseding choices made by the students or universities. This is very concerning, students, parents and university operators tell Enterprise.<\/p>\n<p><strong>Universities worry they might not reach their student target numbers: <\/strong>The platform\u2019s distribution mechanism could leave some universities short on student quotas, hitting profits, says Chinese University president Ashraf El Shehi. Ironically, this might force some universities to lower their admissions requirements and accept less qualified candidates to stay afloat, he adds. This would have a knock-on effect on their reputations.<\/p>\n<p><strong>A final round of students who didn\u2019t make the system should resolve the issue- gov\u2019t:<\/strong> Universities will choose what percentage of students they accept from the Thanaweya Amma and other systems, with the Tansik-style platform allocating numbers accordingly, head of the Supreme Council of Private Universities Mohamed Helmy Al Ghar tells Enterprise. If universities have vacancies after the process has finished, they can accept students directly, he confirms.<\/p>\n<p><strong>There\u2019s anxiety all round about losing the right to select candidates using criteria beyond the final grade. <\/strong>This is an area of major concern, says one school operator, speaking on condition of anonymity. \u201cIf I have two candidates with similar final grades, I might prefer to choose the sports player, or the person with strong entrepreneurial skills. A difference of just 1 or 2% isn\u2019t that important to me,\u201d they add.<\/p>\n<p><strong>The final grade on its own isn\u2019t sufficient demonstration of ability,<\/strong> agree El Shehi and Future University of Egypt head Ebada Sarhan. Using the final grade as the sole criteria for admissions and distribution fails to take into account foreign language competency and interpersonal skills \u2014 which private universities place great value on, they add.<\/p>\n<p><strong>Ultimately, private universities should be able to choose<\/strong> between students within the same grade range, if they have other criteria to use when evaluating them, says the school operator.<\/p>\n<p><strong>The government argues that as long as private universities can set their own admissions tests and control expenses, they retain autonomy. <\/strong>This means private universities won\u2019t be compromised in terms of the investment value they provide, says Al Ghar. Some operators agree with this notion, including El Shehi and Badr University president Mustafa Kamal.<\/p>\n<p><strong>The problem of choice weighs heavy on parents and students: <\/strong>A student that\u2019s unhappy with the university he\u2019s been assigned to has to wait a year to reapply or transfer, according to the Supreme Council of Private Universities guidelines. To parents paying for their children to attend private university, this is highly problematic and makes no sense, says parent Manar Mohammed, who is essentially in favor of a centralized admissions platform. \u201cThe idea is that with private universities, I have the ability to choose in a way I can\u2019t with public universities,\u201d agrees Mostafa, a BUE student.<\/p>\n<p><strong>It\u2019s likely to prompt parents to rescind support: <\/strong>\u201cIf this is the case, I wouldn\u2019t welcome the system anymore,\u201d agrees Mohammed. \u201cIf my child is eligible for several universities, she should be able to choose between them. I don\u2019t see why you wouldn\u2019t allow for that,\u201d she adds.<\/p>\n<p><strong>What\u2019s the point of even having a private sector?<\/strong> Evenly distributing students is a public sector approach, and applying it to private universities misses the point, some argue. \u201cThe private sector doesn\u2019t work like that,\u201d says academic Elizabeth Buckner, assistant professor of higher education at the University of Toronto, who has <a href=\"https:\/\/elizabethbuckner.com\/publications\">written extensively<\/a> on education policies in Egypt and the region. If some private universities are in high demand because of their quality, reputation, or specialized degree programs, that\u2019s a sign of sectoral strength. \u201cIt\u2019s hard to see a convincing argument for the government evenly distributing students within private sector institutions,\u201d she adds.<\/p>\n<p><strong>And though many countries have centralized admissions systems, few are both administrative and regulatory, like Egypt\u2019s platform.<\/strong> \u201cTrying to achieve both aims definitely sounds like a challenge,\u201d says Buckner. Systems like <a href=\"https:\/\/www.ucas.com\/\">the UK\u2019s UCAS<\/a> are purely administrative.<\/p>\n<p><strong>Fears are heightened by a lack of clear information: <\/strong>Much is still unknown about the new system, compounding worries that it may not work as planned, or that distribution delays could leave universities short of students, says the school operator. \u201cWe don\u2019t know when the window for admission through the unified platform will open and close, or when universities can start accepting students directly.\u201d<\/p>\n<p><strong>The official line is \u2018wait and see,\u2019 but apprehension is evident:<\/strong> It\u2019s too early to judge the system before it\u2019s been tested, says Kamal. Many officials echo this comment. But off the record, sources report concern that information about the system\u2019s implementation has been so limited. Failure to address the all-important issue of choice is the biggest problem of all, they say.<\/p>\n<p><strong>Your top education stories for the week:<\/strong><\/p>\n<ul>\n<li><strong>The Education Ministry <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/19f2a88a-aafb-42ae-b829-be0d17947bc2\">has reversed<\/a><\/strong><strong> a 20% cap on foreign ownership of international and private schools in Egypt<\/strong>, allowing schools to be fully owned by individuals, funds, or companies with foreign or dual nationalities, provided they\u2019re registered and based in Egypt.<\/li>\n<li><strong>SAT subject tests have <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/19f2a88a-aafb-42ae-b829-be0d17947bc2\">been scrapped<\/a><\/strong><strong> by the US College Board<\/strong> and universities will rely instead on the results of Advanced Placement courses (APs) as indicators of a student\u2019s subject-specific knowledge.<\/li>\n<li><strong>Mid-year examinations will begin after students return from their mid-year vacation on 20 February<\/strong>, Higher Education Minister Khaled Abd El-Ghaffar <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9dc609e4-318a-4216-b05d-80996dba6a3c\">said<\/a> on Saturday.<\/li>\n<li><strong>Teachers will be able to access digital training courses without charge on <\/strong><strong>ta3limy.com<\/strong> after a partnership agreement <a href=\"http:\/\/bit.ly\/2Ybpqz6\">was signed<\/a> by Vodafone Egypt Foundation for Community Development and education company <a href=\"https:\/\/www.facebook.com\/BalancEDorg\/\">BalancED<\/a> to offer the service.<\/li>\n<li><strong>Unionaire plans to establish a scientific academy in the new capital in July<\/strong> that will allow masters and doctoral holders to carry out practical research, Chairman Mohamed Osman told <a href=\"http:\/\/bit.ly\/3qyhAfk\">Al Mal<\/a>.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/admissions\/\">admissions<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/arts-academy\/\">Arts Academy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/chinese-university\/\">Chinese University<\/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\/el-shorouk\/\">El Shorouk<\/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\/japanese-university\/\">Japanese University<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/misr-university-for-science-and-technology\/\">Misr University for Science and Technology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/supreme-council-for-private-universities\/\">Supreme Council for Private Universities<\/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=\"559545\" 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\/01\/25\/calendar-on-25-january\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559545\" class=\"content-area-description single-story post-559545 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>13-31 January (Wednesday-Sunday): Egypt will host the 2021 <a href=\"https:\/\/www.handballegypt2021.com\/\">Men\u2019s Handball World Championship<\/a> in four venues in Alexandria, Cairo, Giza and the New Capital.<\/p>\n<p>25 January (Monday): 25 January revolution anniversary \/ Police Day.<\/p>\n<p>25-29 January (Monday-Friday): The World Economic Forum\u2019s <a href=\"https:\/\/www.weforum.org\/events\/the-davos-agenda-2021\">Davos Agenda<\/a> (virtual).<\/p>\n<p>26 January (Tuesday): AUC\u2019s School of Business webinar on \u201cRethinking Macroeconomics in the Digital Age.\u201d Registration available <a href=\"https:\/\/bit.ly\/3bX9AAu\">here<\/a>.<\/p>\n<p>26 January (Tuesday): Uber will host a virtual panel discussion titled \u2018Tech for Transport Safety\u2019, which will be the inaugural panel in a <a href=\"https:\/\/ent.news\/2021\/1\/Announcement-Uber-launches-its-first-MENA-wide-series-of-events-called-Ignite-.pdf\">MENA-wide series<\/a> of events under the name Ignite.<\/p>\n<p>26-28 January (Tuesday-Thursday): Future Investment Initiative, Riyadh, Saudi Arabia.<\/p>\n<p>28 January (Thursday): National holiday in observance of 25 January revolution anniversary \/ Police Day.<\/p>\n<p>31 January (Sunday): The deadline for businesses to <a href=\"https:\/\/bit.ly\/3nQenFS\">electronically submit<\/a> their annual tax return to the Egyptian Tax Authority.<\/p>\n<p>4 February (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>6-18 February (Saturday-Thursday): Mid-year school break (public schools \u2014 enjoy the break from bumper-to-bumper traffic).<\/p>\n<p>18 March (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>8-10 April (Thursday-Saturday): The TriFactory\u2019s Endurance Festival at Somabay.<\/p>\n<p>13 April (Monday): First day of Ramadan (TBC).<\/p>\n<p>25 April (Sunday): Sinai Liberation Day.<\/p>\n<p>29 April (Thursday): National holiday in observance of Sinai Liberation Day (TBC)<\/p>\n<p>29 April (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>1 May (Saturday): Labor Day (national holiday).<\/p>\n<p>2 May (Sunday): Easter Sunday.<\/p>\n<p>3 May (Monday): Sham El Nessim.<\/p>\n<p>13-15 May (Thursday-Saturday): Eid El Fitr (TBC).<\/p>\n<p>25-28 May (Tuesday-Friday): The World Economic Forum annual meeting, Singapore.<\/p>\n<p>31 May-2 June (Monday-Wednesday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, New Cairo.<\/p>\n<p>30 May-15 June (Wednesday-Thursday): <a href=\"https:\/\/bit.ly\/398Prpy\">Cairo International Book Fair<\/a>.<\/p>\n<p>1 June (Tuesday): The IMF will conduct a second review of targets set under the USD 5.2 bn standby loan approved in June 2020 (proposed date).<\/p>\n<p>17 June (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>24 June (Thursday): End of the 2020-2021 academic year (public schools).<\/p>\n<p>26-29 June (Saturday-Tuesday): <a href=\"https:\/\/www.thebig5constructegypt.com\/?utm_source=Adestra&utm_medium=email&CID=003D000002UIHn4IAH&utm_campaign=Egyp%5Bt%20postponement%20generic%20exp%20visp&utm_term&utm_content=7014G000001cG3zQAE&CNAME=Enterprise\">The Big 5 Construct Egypt<\/a>, Cairo International Convention Center<\/p>\n<p>30 June (Wednesday): June 30 Revolution Day<\/p>\n<p>1 July: (Thursday): National holiday in observance of 30 June Revolution<\/p>\n<p>30 June- 15 July: National Book Fair.<\/p>\n<p>1 July (Thursday): Large taxpayers that have not yet signed on on to the e-invoicing platform <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/61c78b1b-ec60-46e8-9760-c995c81f34b9\">will suffer a host of penalties<\/a>, including removal from large taxpayer classification, losing access to government services and business, and losing subsidies.<\/p>\n<p>19 July (Monday): Arafat Day (national holiday)<\/p>\n<p>20-23 July (Tuesday-Friday): Eid Al Adha (national holiday)<\/p>\n<p>23 July (Friday): Revolution Day (national holiday)<\/p>\n<p>5 August (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>9 August (Monday): Islamic New Year<\/p>\n<p>16 September (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>1 October (Friday): <a href=\"https:\/\/www.expo2020dubai.com\">Expo 2020 Dubai<\/a> opens<\/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>18 October (Monday): Prophet\u2019s Birthday<\/p>\n<p>28 October (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>13-17 December: <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/396604\/Egypt\/Politics-\/Egypt-to-host-UN-anticorruption-conference-in-.aspx\">United Nations Convention against Corruption<\/a>, Sharm El Sheikh, Egypt.<\/p>\n<p>16 December (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p><strong>Note to readers: <\/strong>Some national holidays may appear twice above. Since 2020, Egypt has observed most mid-week holidays on Thursdays regardless of the day on which they fall and may also move those days to Sundays. We distinguish below between the actual holiday and its observance.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":559517,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-559516","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"07433b39-eeb9-408d-8ccb-2a62c1c9c83d","teaser":"","photo_url":"https:\/\/ent.news\/2021\/1\/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>It\u2019s happening: Vaccine rollout has started and three more jabs will get regulatory approval soon as Egypt closes in on agreement to manufacture at home - 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\/its-happening-vaccine-rollout-has-started-and-three-more-jabs-will-get-regulatory-approval-soon-as-egypt-closes-in-on-agreement-to-manufacture-at-home\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It\u2019s happening: Vaccine rollout has started and three more jabs will get regulatory approval soon as Egypt closes in on agreement to manufacture at home\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/its-happening-vaccine-rollout-has-started-and-three-more-jabs-will-get-regulatory-approval-soon-as-egypt-closes-in-on-agreement-to-manufacture-at-home\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T02:31:34+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/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\/its-happening-vaccine-rollout-has-started-and-three-more-jabs-will-get-regulatory-approval-soon-as-egypt-closes-in-on-agreement-to-manufacture-at-home\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/its-happening-vaccine-rollout-has-started-and-three-more-jabs-will-get-regulatory-approval-soon-as-egypt-closes-in-on-agreement-to-manufacture-at-home\/\",\"name\":\"It\u2019s happening: Vaccine rollout has started and three more jabs will get regulatory approval soon as Egypt closes in on agreement to manufacture at home - 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