{"id":559881,"date":"2021-02-08T03:52:59","date_gmt":"2021-02-08T03:52:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=559881"},"modified":"2025-12-16T02:40:26","modified_gmt":"2025-12-16T02:40:26","slug":"were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/","title":{"rendered":"We\u2019re going to have to get used to the idea that covid is here to stay"},"content":{"rendered":"<section id=\"559883\" 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=\"559883\">\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\/02\/08\/what-were-tracking-on-8-february-2021\/\">\r\n                            What we\u2019re tracking on 8 February 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\/02\/08\/what-were-tracking-on-8-february-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\/02\/08\/what-were-tracking-on-8-february-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\/02\/08\/what-were-tracking-on-8-february-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=What we\u2019re tracking on 8 February 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/what-were-tracking-on-8-february-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\/02\/08\/what-were-tracking-on-8-february-2021\/&title=What we\u2019re tracking on 8 February 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+we%E2%80%99re+tracking+on+8+February+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Fwhat-were-tracking-on-8-february-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\/02\/08\/what-were-tracking-on-8-february-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559883\" class=\"content-area-description single-story post-559883 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>Good morning, friends, and welcome to a pleasantly brisk news morning <\/strong>to kick off what\u2019s shaping up to be a gorgeous, sunny day.<\/p><p><strong>THE BIG NEWS here at home? <\/strong>No single story from the world of business, public policy or foreign affairs is dominating the headlines, though you can expect the Israeli-Palestinian peace process to take over the news agenda later in the day as an Arab League summit gets underway. We have more below.<\/p><p><strong>THE BIG NEWS AROUND THE WORLD is the growing acceptance that covid-19 is here to <\/strong><strong>stay \u2014 that we are, after all, going to have to learn to \u201ccoexist\u201d with it. <\/strong>That\u2019s going to mean vaccinations for everyone; annual boosters; ongoing measures in the workplace, in restaurants and on planes; and a host of new ways of doing business. We have chapter and verse in the news well, below.<\/p><p><strong>The case for (global market, and maybe economic) optimism this morning: <\/strong>\u201cAsian shares hovered near record highs [this morning] while oil edged closer to USD 60 a barrel on hopes a USD 1.9 tn covid-19 aid package will be passed by US lawmakers as soon as this month just as coronavirus vaccines are being rolled out globally.\u201d (<a href=\"https:\/\/www.reuters.com\/article\/us-global-markets\/asian-shares-near-all-time-peak-oil-heads-to-60-on-economic-revival-hopes-idUSKBN2A801K\">Reuters<\/a>)<\/p><p><strong>*** We published the very <\/strong><strong><a href=\"https:\/\/enterprise.press\/afternoons\/welcome-first-issue-enterprisepm\/\">first edition of EnterprisePM<\/a><\/strong> <strong>yesterday. <\/strong>It\u2019s our quick catchup at 3:30pm CLT on the day\u2019s news \u2014 and your guide to where to spend your time and money tonight. Yesterday's headlines saw Speed Medical <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7b8c8f1f-bd5f-41d1-ac95-ca0c7f780d98\">announce plans<\/a> to acquire Six of October\u2019s New Al Safwa Specialized Hospital in a EGP 185 mn transaction, and Tamweel Holdings <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/24b33eeb-cef3-4586-8c33-1bee1903a529\">unveil a EGP 500 mn securitized bond issuance<\/a> planned for 2Q2021.<\/p><div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br>\n        <\/h4>\n<\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/p><\/div>\n<\/div>\n<\/div><p><strong>The 55th Super Bowl Sunday wrapped up on the other side of the Atlantic<\/strong> just a few minutes before we hit \u201csend\u201d on your morning read. The Tampa Bay Buccaneers bested defending champions the Kansas City Chiefs 31-9. If you\u2019re a fan, you know where to get the post-game analysis. If you\u2019re not a fan (but are a \u2026 gentleman of a certain age) you\u2019ll still enjoy reading the epic <a href=\"https:\/\/www.nytimes.com\/2021\/02\/07\/sports\/football\/tom-brady-super-bowl-age.html\">Through genetics, luck or \u2018prehab,\u2019 Tom Brady endures at 43<\/a>.<\/p><p><strong>And for our readers in AgencyLand: <\/strong><a href=\"https:\/\/www.cnbc.com\/2021\/02\/07\/super-bowl-2021-commercials-live-coverage.html\">CNBC<\/a> and the <a href=\"https:\/\/www.wsj.com\/articles\/super-bowl-2021-ads-commericals-video-watch-11612526407\">WSJ\u2019s CMO Today<\/a> each have Youtube links to the ads that have played out on the air so far in what remains Madison Avenue\u2019s biggest day of the year.<\/p><p><strong>It\u2019s the end of an era: <\/strong>Reagan administration secretary of state George Shultz, \u201ca pillar of the Republican foreign-policy establishment whose diplomacy helped seal the end of the Cold War,\u201d has died at age 100. The best obits so far: <a href=\"https:\/\/www.nytimes.com\/2021\/02\/07\/obituaries\/george-p-shultz-dead.html\">New York Times<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/george-shultz-secretary-of-state-under-reagan-dies-11612719935\">Wall Street Journal<\/a> | <a href=\"https:\/\/www.ft.com\/content\/ae5252fc-ac76-4cc4-b7ec-f36ba2246c64\">Financial Times<\/a>.<\/p><p><strong>Insead is back at the top of the Financial Times\u2019 2021 <\/strong><strong><a href=\"http:\/\/rankings.ft.com\/businessschoolrankings\/global-mba-ranking-2021\">Global MBA ranking<\/a><\/strong>, dethroning Stanford, which \u2014 along with Harvard and Wharton \u2014 suspended its participation in data gathering due to the pandemic. London Business School, the University of Chicago: Booth, Iese Business School, and Yale School of Management round out the top five.<\/p><p><strong>WHAT\u2019S HAPPENING TODAY- <\/strong><\/p><p><strong>Egypt is heading up an emergency Arab League ministerial-level meeting today to <\/strong><strong>discuss the<\/strong><strong> Israel-Palestine peace process.<\/strong> The gathering comes after Foreign Minister Sameh Shoukry held high-level talks with French, German, EU and Jordanian officials in recent weeks, suggesting that there may be renewed political will to push the two sides back to the negotiating table. The International Criminal Court also <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/496b8d3b-d61a-41b6-92d4-da360d6babad\">ruled a few days<\/a> ago that it can take legal action against Israel on Palestine\u2019s behalf for war crimes committed against Palestinians since Israel\u2019s establishment.<\/p><p><strong>AUC is hosting a webinar headlined the Rise of Citizen Capitalism<\/strong> with guest speakers Michael O\u2019Leary (<a href=\"https:\/\/www.linkedin.com\/in\/olearym\/\">Linkedin<\/a>), MD at <a href=\"https:\/\/engine1.com\/\">Engine No. 1<\/a>, and <a href=\"https:\/\/www.twosigma.com\/\">Two Sigma<\/a> partner <a href=\"https:\/\/www.linkedin.com\/in\/warren-valdmanis-a49b2a115\/\">Warren Valdmanis<\/a>. It airs tonight at 7pm CLT and <a href=\"https:\/\/auc-connect.aucegypt.edu\/PUBLICEV\/rsvp_boot?id=300049021\">you can register for it here.<\/a><\/p><p><strong>Former US president Donald Trump\u2019s <\/strong><strong><a href=\"https:\/\/www.independent.co.uk\/news\/world\/americas\/us-politics\/trump-impeachment-trial-senate-schedule-b1797220.html\">second impeachment trial<\/a><\/strong><strong> begins<\/strong> <strong>in the Senate tomorrow<\/strong>, after House impeachment managers <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d7bf8acf-e478-4082-a726-b2f6bda76ed0\">delivered last month<\/a> the charges to the Senate. Trump is the<a href=\"https:\/\/www.reuters.com\/article\/usa-trump-int-idUSKBN29J092\">first president<\/a> in US history to be impeached twice.<\/p><p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p><p><strong>PSA- Tomorrow is the last day for students in Egypt looking to get into private<\/strong><strong> universities to upload their educational <\/strong><strong>certificates<\/strong> on the Higher Education Ministry\u2019s electronic university admissions site as part of the ministry\u2019s <a href=\"https:\/\/enterprise.press\/blackboards\/new-private-university-admissions-system-will-likely-work\/\">new system<\/a>.<\/p><p><strong>Public schools began their mid-year break on Saturday and will be on holiday until<\/strong><strong> Saturday, 20 February.<\/strong> Enjoy the slightly smoother commute for the next several days, folks.<\/p><p><strong>The International Conference on Global Business, Economics, Finance and Social<\/strong><strong> Sciences gets underway tomorrow<\/strong> at Ramses Hilton Cairo.<\/p><p><strong>Egypt is hosting an arm of the World Conference on Science Engineering and<\/strong><strong> Technology<\/strong>, which runs from Wednesday-Thursday at Luxor\u2019s Hotel Pavillon Winter.<\/p><p><strong>Inflation figures for January<\/strong> will be released on Wednesday, 10 February.<\/p><hr class=\"grey-line\"><p><strong>CORRECTION-<\/strong> We incorrectly stated yesterday that Sarwa Life Ins. and Misr Capital had launched a fixed income fund. The companies have set up a money market fund. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d5aae13a-dcca-4201-b3c3-0f924b42b208\">The story has since been amended on our website<\/a>.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. Blackboard appears every Monday in Enterprise in the place of our traditional industry news roundups.<\/p><p><strong>In today\u2019s issue:<\/strong> Demand for private education is soaring in Egypt, with an estimated 2.1 mn new seats likely to be needed in K-12 private sector schools in Egypt by 2030 \u2014 almost 1 mn of which will be in Cairo, a Colliers International report tells us. We look at the tremendous horizons this opens for investors, and what\u2019s needed to capitalize on it.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559884\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"559884\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/559884\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559884\" class=\"content-area-description single-story post-559884 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/SOMA-ENTERPRISEACT-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n<p>Somabay brings you the ultimate water-sports experience featuring kiting, diving, surfing, snorkeling and catamaran rides. The deep blue water, perfect weather and the thrill of adventure will take you on an exciting ride. Have fun, get your adrenaline going and live life to the fullest.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559885\" 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=\"559885\">\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\">Capital markets<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/beltone-sarwa-will-soon-have-a-new-corporate-parent\/\">\r\n                            Beltone, Sarwa will soon have a new corporate parent                        <\/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\/02\/08\/beltone-sarwa-will-soon-have-a-new-corporate-parent\/\" 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\/02\/08\/beltone-sarwa-will-soon-have-a-new-corporate-parent\/')\">\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\/02\/08\/beltone-sarwa-will-soon-have-a-new-corporate-parent\/\">\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=Beltone, Sarwa will soon have a new corporate parent&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/beltone-sarwa-will-soon-have-a-new-corporate-parent\/\">\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\/02\/08\/beltone-sarwa-will-soon-have-a-new-corporate-parent\/&title=Beltone, Sarwa will soon have a new corporate parent\">\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=Beltone%2C+Sarwa+will+soon+have+a+new+corporate+parent+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Fbeltone-sarwa-will-soon-have-a-new-corporate-parent%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\/02\/08\/beltone-sarwa-will-soon-have-a-new-corporate-parent\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/129.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"559886\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/beltone-sarwa-will-soon-have-a-new-corporate-parent\/129-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/129.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"129.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/129.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/129.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559885\" class=\"content-area-description single-story post-559885 post type-post status-publish format-standard has-post-thumbnail hentry category-capital-markets tag-beltone-financial tag-capital-markets tag-contact-financial tag-enterpriseam tag-orascom-investment-holding wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Trading of Orascom Investment Holding (OIH) shares on the EGX will be suspended this <\/strong><strong>coming Thursday<\/strong>, 11 February, to allow the company to spin out assets including investment bank Beltone and non-bank financial services player Sarwa Capital into a new entity, Orascom Financial Holding. OIH confirmed the move in <a href=\"https:\/\/www.egx.com.eg\/downloads\/News\/%D8%A7%D9%88%D8%B1%D8%A7%D8%B3%D9%83%D9%88%D9%85%20%D8%A7%D9%84%D9%82%D8%A7%D8%A8%D8%B6%D8%A9%20%D8%A8%D9%8A%D8%A7%D9%86%2007-02-2021.pdf\">a regulatory filing yesterday (pdf)<\/a>. OIH\u2019s global depositary receipts on the London Stock Exchange will stop trading at the same time.<\/p>\n<p><strong>EGX-listed Orascom Financial will give investors access to some of Egypt\u2019s <\/strong><strong>highest-profile financial services companies<\/strong>, including Sarwa and Beltone, as well as future ventures in the industry, insiders tell us.<\/p>\n<p><strong><a href=\"https:\/\/orascomih.com\/\">OIH<\/a><\/strong><strong> will continue to own its Pyramids plateau venture <\/strong>as well as legacy assets including a mobile network in North Korea. OIH will retain investments in some nine subsidiaries and sister companies when all is said and done. OIH <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7b31a803-3d77-4a46-a78b-2fe80b8bcf8c\">first announced the split<\/a> last July. OIH will remain listed on the EGX with an authorized capital of EGP 2.5 bn, according to <a href=\"https:\/\/www.egx.com.eg\/downloads\/Bulletins\/250665_1.pdf\">a separate filing (pdf)<\/a>.<\/p>\n<p><strong>The demerger is expected to be complete by the end of the month<\/strong>, Onsi Naguib Sawiris \u2014 who is set to play a leading role in OFH \u2014 told us yesterday.<\/p>\n<p><strong>What\u2019s next?<\/strong> Once the horizontal demerger is complete, OIH will lower its capital and resume trading \u2014 after receiving regulatory approval \u2014 while the spun-off OFH will see its shares traded separately.<\/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\/beltone-financial\/\">Beltone Financial<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/contact-financial\/\">Contact Financial<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orascom-investment-holding\/\">Orascom Investment Holding<\/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=\"559887\" 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=\"559887\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">COVID WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/were-going-to-have-to-learn-to-live-with-covid\/\">\r\n                            We\u2019re going to have to learn to live with covid                        <\/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\/02\/08\/were-going-to-have-to-learn-to-live-with-covid\/\" 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\/02\/08\/were-going-to-have-to-learn-to-live-with-covid\/')\">\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\/02\/08\/were-going-to-have-to-learn-to-live-with-covid\/\">\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=We\u2019re going to have to learn to live with covid&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/were-going-to-have-to-learn-to-live-with-covid\/\">\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\/02\/08\/were-going-to-have-to-learn-to-live-with-covid\/&title=We\u2019re going to have to learn to live with covid\">\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=We%E2%80%99re+going+to+have+to+learn+to+live+with+covid+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Fwere-going-to-have-to-learn-to-live-with-covid%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\/02\/08\/were-going-to-have-to-learn-to-live-with-covid\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559887\" class=\"content-area-description single-story post-559887 post type-post status-publish format-standard hentry category-covid-watch tag-abu-dhabi tag-covid-19 tag-dubai tag-enterpriseam tag-uae tag-uk 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>We\u2019re going to have to get used to living with covid for many, many years to <\/strong><strong>come \u2014 but that doesn\u2019t necessarily mean a lifetime of lockdown measures<\/strong>, <a href=\"https:\/\/www.wsj.com\/articles\/as-vaccines-raise-hope-cold-reality-dawns-covid-19-is-likely-here-to-stay-11612693803?mod=hp_lead_pos1\">the Wall Street Journal<\/a> writes this morning in one of the smartest pieces about the pandemic that we\u2019ve read in ages.<\/p>\n<p><strong>The bottom line:<\/strong> \u201cThe pathogen will circulate for years, or even decades, leaving society to coexist with Covid-19 much as it does with other endemic diseases like flu, measles, and HIV.\u201d<\/p>\n<p><strong>We need to get to the acceptance stage sooner rather than later<\/strong>, suggests a former director of the US Centers for Disease Control: \u201cGoing through the five phases of grief, we need to come to the acceptance phase that our lives are not going to be the same. <strong>I don\u2019t think the world has really absorbed the fact that these are long-term changes.<\/strong>\u201d<\/p>\n<p><strong>It\u2019s not all doom and gloom: <\/strong>Vaccines and masking are key to being able to go about our daily lives in a more normal way. Look at Israel: The vaccine has proven \u201cso effective at preventing severe disease and slashing hospitalizations and deaths [that] hospitalizations have already fallen 30% in Israel after it vaccinated a third of its population. Deaths there are expected to plummet in weeks ahead.\u201d<\/p>\n<p><strong>You can expect to have to take an annual booster and maybe even an annual jab on top <\/strong><strong>of that: <\/strong>A \u201cbooster in the autumn,\u201d followed by annual vaccination could help fight new strains of the virus in the years ahead, UK\u2019s vaccine minister Nadhim Zahawi told <a href=\"https:\/\/www.bbc.com\/news\/uk-55967767\">the BBC<\/a>.<\/p>\n<p><strong>Why? We\u2019ve already found that the Oxford \/ AstraZeneca jab is ineffective against the <\/strong><strong>South African strain of covid<\/strong>, sending researchers back to the drawing board for a new shot, <a href=\"https:\/\/www.bbc.com\/news\/uk-55967767\">BBC<\/a> reports.<\/p>\n<p><strong>Meanwhile: Dubai has got it right: It\u2019s pledging to vaccinate all eligible adults against <\/strong><strong>covid-19 this year<\/strong>, Amer Sharif, head of the emirate\u2019s covid-19 command and control center, told <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-02-07\/dubai-aims-to-give-vaccination-to-all-eligible-adults-this-year?srnd=premium-middle-east\">Bloomberg TV<\/a>. Also in the UAE: Abu Dhabi <a href=\"https:\/\/twitter.com\/admediaoffice\/status\/1358366252046184455?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1358366252046184455%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbmglobalnews.com%2F2021%2F02%2F07%2Fabu-dhabi-bans-gatherings-limits-capacity-in-malls-beaches-restaurants%2F\">reimposed yesterday<\/a> sweeping restrictions amid a resurgence of the virus. Gatherings have been banned, cinemas shut, and strict new capacity limits have been introduced on public transportation and non-essential services.<\/p>\n<p><strong>HERE AT HOME: <\/strong><strong>The Health Ministry <\/strong><strong><a href=\"http:\/\/tinyurl.com\/2f6oqrqc\">reported<\/a><\/strong><strong> 534 new covid-19 infections yesterday<\/strong>, up from 509 the day before. The ministry also reported 47 new deaths, bringing the country\u2019s total death toll to 9,651. Egypt has now disclosed a total of 169,640 confirmed cases of covid-19.<\/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\/abu-dhabi\/\">Abu Dhabi<\/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\/dubai\/\">Dubai<\/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\/uk\/\">UK<\/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=\"559888\" 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=\"559888\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/tourism-could-face-a-three-year-slog-back-to-normality\/\">\r\n                            Tourism could face a three-year slog back to normality                        <\/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\/02\/08\/tourism-could-face-a-three-year-slog-back-to-normality\/\" 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\/02\/08\/tourism-could-face-a-three-year-slog-back-to-normality\/')\">\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\/02\/08\/tourism-could-face-a-three-year-slog-back-to-normality\/\">\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=Tourism could face a three-year slog back to normality&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/tourism-could-face-a-three-year-slog-back-to-normality\/\">\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\/02\/08\/tourism-could-face-a-three-year-slog-back-to-normality\/&title=Tourism could face a three-year slog back to normality\">\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=Tourism+could+face+a+three-year+slog+back+to+normality+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Ftourism-could-face-a-three-year-slog-back-to-normality%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\/02\/08\/tourism-could-face-a-three-year-slog-back-to-normality\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/130.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"559889\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/tourism-could-face-a-three-year-slog-back-to-normality\/130-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/130.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"130.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/130.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/130.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559888\" class=\"content-area-description single-story post-559888 post type-post status-publish format-standard has-post-thumbnail hentry category-tourism tag-covid-19 tag-enterpriseam tag-hospitality tag-tourism tag-travel tag-vaccines wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Egypt\u2019s tourism sector could be three years away from mounting a full recovery<\/strong>, according to Elhamy El Zayat, former chairman of the Egyptian Tourism Federation, who <a href=\"https:\/\/dailynewsegypt.com\/2021\/02\/07\/egypts-tourism-to-recover-to-2019-levels-not-before-2024-ex-etf-chairperson\/\">told the local press<\/a> that we\u2019re unlikely to see pre-pandemic levels of tourism before 2024. Lingering concerns over the pandemic will mean that people remain sceptical of international travel for another few years, despite the acceleration of the global vaccine rollout, he said.<\/p>\n<p><strong>Let\u2019s hope he\u2019s wrong: <\/strong>The country\u2019s tourism sector experienced one of its worst years in living memory last year, as disruptions to international travel and worries about the pandemic caused revenues to nosedive more than 75% to just <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3106a1b0-6cfc-4c04-80c9-8da5fe98049e\">USD 4 bn<\/a>. Some 3.6 mn tourists visited Egypt, down from 13 mn the year before, sending <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/71f3be61-c368-4f17-bb3c-2d24ee12248c\">hotel occupancy<\/a> in four of Egypt\u2019s biggest tourist destinations down 60% \u2014 and seeing the country to lose out on some <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/468e39bc-52f8-4e9f-9f2a-77e1835979a6\">USD 14 bn in foreign currency revenue<\/a> in the process.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hospitality\/\">hospitality<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/travel\/\">travel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vaccines\/\">vaccines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559890\" 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=\"559890\">\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\">Automotive<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/what-will-it-take-to-get-electric-cars-on-the-road\/\">\r\n                            What will it take to get electric cars on the road?                        <\/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\/02\/08\/what-will-it-take-to-get-electric-cars-on-the-road\/\" 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\/02\/08\/what-will-it-take-to-get-electric-cars-on-the-road\/')\">\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\/02\/08\/what-will-it-take-to-get-electric-cars-on-the-road\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What will it take to get electric cars on the road?&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/what-will-it-take-to-get-electric-cars-on-the-road\/\">\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\/02\/08\/what-will-it-take-to-get-electric-cars-on-the-road\/&title=What will it take to get electric cars on the road?\">\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+will+it+take+to+get+electric+cars+on+the+road%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Fwhat-will-it-take-to-get-electric-cars-on-the-road%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\/02\/08\/what-will-it-take-to-get-electric-cars-on-the-road\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/131.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"559891\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/what-will-it-take-to-get-electric-cars-on-the-road\/131-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/131.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"131.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/131.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/131.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559890\" class=\"content-area-description single-story post-559890 post type-post status-publish format-standard has-post-thumbnail hentry category-automotive tag-automotive tag-energy tag-enterpriseam tag-manufacturing tag-natgas-transition-scheme tag-sustainability 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>Infinity Solar subsidiary <\/strong><strong><a href=\"http:\/\/infinitye.com\/en\/About-Infinity-e\">Infinity-E<\/a><\/strong><strong> will install 300 electric car charging docks <\/strong><strong>across Egypt by 2023<\/strong> as part of an <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2c11f9e6-04a1-4e49-bbf4-64f82a9ffecd\">ongoing plan<\/a> to invest EGP 300 mn in EV infrastructure, CEO Shams El Din Abdel Ghaffar said, according to <a href=\"https:\/\/bit.ly\/2N1AD3d\">Masrawy<\/a>. Infinity now has a total of 150 charging points in operation at 40 charging locations on major roads in or near Cairo, Hurghada, Alexandria and Ain Sokhna. The government has recently been pushing for a transition to EVs with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3c2a5ea6-252b-4010-886d-85aa37ba1b5a\">incentives<\/a> including set charging prices and subsidies of up to 50k per vehicle, while also moving along with plans to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2fa3cac6-21f1-4d7c-bf73-f6fd8b49d842\">set up<\/a> 3k charging stations within three years. Last month, state-owned El Nasr Automotive <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/42ebc60e-2d0f-40a7-a82e-41296a02f798\">signed two contracts<\/a> with China\u2019s Dongfeng to locally assemble the vehicles here.<\/p>\n<p><strong>OTHER AUTOMOTIVE NEWS-<\/strong><\/p>\n<p><strong>Suzuki\u2019s local agent Modern Motors and BYD local assembler Al Amal Group are rollin<\/strong><strong>g <\/strong><strong>out natural gas-powered vehicles<\/strong> for the government\u2019s natgas transition plan, both companies\u2019 chairmans said, according to Hapi Journal (<a href=\"http:\/\/v\">here<\/a> and <a href=\"https:\/\/bit.ly\/2Lrj2B6\">here<\/a>). Modern Motors will supply a seven-seater natgas Suzuki microbus, and is in talks to also provide a natgas model of passenger cars. Al Amal, meanwhile, will locally assemble natgas models of its BYD F3 and Lada Granta passenger cars, and King Long microbuses.<\/p>\n<p><strong>The government\u2019s natural gas transition plan kicked into gear earlier this year.<\/strong> The Central Bank of Egypt launched <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b32a76e-edee-488e-bb81-5700f30f1229\">a multi-bn EGP program<\/a> then to support the plan, which aims to take some 250k old cars off the road and outfit with dual-fuel engines by the end of 2023 as a first phase, as well as build a network of natural gas <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cd443e61-992d-41fc-9b70-f8e15c136aaa\">filling stations<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/natgas-transition-scheme\/\">natgas transition scheme<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sustainability\/\">sustainability<\/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=\"559892\" 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=\"559892\">\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\">LEGISLATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/having-fun-theres-gonna-be-a-tax-for-that-plus-shippers-get-a-break\/\">\r\n                            Having fun? There\u2019s gonna be a tax for that. Plus: Shippers get a break.                        <\/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\/02\/08\/having-fun-theres-gonna-be-a-tax-for-that-plus-shippers-get-a-break\/\" 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\/02\/08\/having-fun-theres-gonna-be-a-tax-for-that-plus-shippers-get-a-break\/')\">\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\/02\/08\/having-fun-theres-gonna-be-a-tax-for-that-plus-shippers-get-a-break\/\">\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=Having fun? There\u2019s gonna be a tax for that. Plus: Shippers get a break.&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/having-fun-theres-gonna-be-a-tax-for-that-plus-shippers-get-a-break\/\">\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\/02\/08\/having-fun-theres-gonna-be-a-tax-for-that-plus-shippers-get-a-break\/&title=Having fun? There\u2019s gonna be a tax for that. Plus: Shippers get a break.\">\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=Having+fun%3F+There%E2%80%99s+gonna+be+a+tax+for+that.+Plus%3A+Shippers+get+a+break.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Fhaving-fun-theres-gonna-be-a-tax-for-that-plus-shippers-get-a-break%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\/02\/08\/having-fun-theres-gonna-be-a-tax-for-that-plus-shippers-get-a-break\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/132.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"559893\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/having-fun-theres-gonna-be-a-tax-for-that-plus-shippers-get-a-break\/132-jpg-17\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/132.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"132.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/132.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/132.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559892\" class=\"content-area-description single-story post-559892 post type-post status-publish format-standard has-post-thumbnail hentry category-legislation-watch tag-customs tag-customs-act tag-enterpriseam tag-legislation-watch tag-regulation-watch tag-trade 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>That tax on fun is back on the menu: <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/08\/is-the-finmin-trying-to-up-the-tax-on-fun\/\">Amendments<\/a> to the tax code that would raise taxes on cinemas, nightclubs, theaters, and wedding venues are on the Finance Ministry\u2019s to-do list in the coming period, Minister Mohamed Maait told the House Planning and Budgeting Committee on Sunday, <a href=\"http:\/\/tinyurl.com\/4no85mjl\">Al Masry Al Youm<\/a> reports. The amendments were <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/18\/will-the-fei-attempt-to-dissuade-the-finmin-from-raising-taxes-on-entertainment-venues\/\">less than popular<\/a> with the business community when first proposed back in 2018.<\/p>\n<p><strong>Other bills on the House Budget committee\u2019s agenda:<\/strong> Amendments to the Stamp Tax Act, as well as amendments to the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2ef8386f-6e06-4264-b7fa-329d0dbf8c27\">Real Estate Tax Act<\/a>, which could include exemptions for factories and businesses. Maait did not specify whether there are new changes in the works on the Stamp Tax Act after recent amendments that lower the tax on EGX transactions and the withholding tax on dividends were <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c15dba81-32da-400a-ab7b-86d44e88553c\">signed into law last year<\/a>.<\/p>\n<p><strong>OTHER LEGISLATION NEWS- <\/strong><\/p>\n<p><strong>The new Customs Act will no longer require shippers to submit waybills before<\/strong> <strong>leaving Egypt<\/strong> under <a href=\"https:\/\/bit.ly\/3cPe0d1\">new guidelines<\/a> issued by the Customs Authority yesterday. Cargo ships, planes, and other vehicles will instead have the option of handing over the documentation 48 hours after leaving the country. The guidelines apply to vessels with or without cargo, and shippers who fail to submit waybills within the 48-hour period may be fined, El Shahat Ghatwary, who heads central administration at the Customs Authority, told Enterprise.<\/p>\n<p><strong>The guidelines will become part of the recently-ratified act <\/strong>and will be worked into the law\u2019s executive regulations, which are currently under consultations with the shipping community, Ghatwary said. The changes were made after exporters, shipping agencies, and customs brokers all pushed back against various aspects of the law, leading to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f369f7a0-4646-4239-b23f-8e2b291d1f63\">minor concessions<\/a> from the Finance Ministry.<\/p>\n<p><strong>About the law:<\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/99a6ca73-945a-43a8-9bb3-70e01e484a6c\">Ratified in October<\/a>, the law aims to expedite clearance by introducing rules that simplify the passage of \u201ctransit goods\u201d between ports in Egypt or to ports abroad and creating green channels for trusted companies, among other stipulations. It\u2019s part of a larger drive to streamline customs procedures which also includes the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/db89f9d3-7845-43d9-bb0a-35d9132a4b9f\">soon-to-be launched<\/a> National Single Window for Foreign Trade Facilitation (Nafeza) that creates pre-registration protocols at seaports.<\/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\/customs\/\">customs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/customs-act\/\">Customs Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-watch\/\">Legislation Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation-watch\/\">regulation watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559894\" 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=\"559894\">\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\">REGULATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/digitalize-all-the-things\/\">\r\n                            Digitalize all the things\u2026                        <\/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\/02\/08\/digitalize-all-the-things\/\" 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\/02\/08\/digitalize-all-the-things\/')\">\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\/02\/08\/digitalize-all-the-things\/\">\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=Digitalize all the things\u2026&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/digitalize-all-the-things\/\">\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\/02\/08\/digitalize-all-the-things\/&title=Digitalize all the things\u2026\">\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=Digitalize+all+the+things%E2%80%A6+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Fdigitalize-all-the-things%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\/02\/08\/digitalize-all-the-things\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559894\" class=\"content-area-description single-story post-559894 post type-post status-publish format-standard hentry category-regulation-watch tag-amr-talaat tag-building-code tag-cit tag-cit-ministry tag-enterpriseam tag-infrastructure-watch tag-regulation-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-06\"><\/a> <strong>Want a building permit? You\u2019ll need to hook your property up to fiber.<\/strong> Fiber optic connectivity will be one of the public utilities required for new construction permits as of April \u2014 and will be treated like all other required utilities, CIT Minister Amr Talaat said in his policy address to the House of Representatives yesterday, according to <a href=\"https:\/\/almalnews.com\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D8%A7%D8%B4%D8%AA%D8%B1%D8%A7%D8%B7-%D8%AA%D9%88%D8%B5%D9%8A%D9%84-%D8%A7%D9%84%D8%A3%D9%84%D9%8A%D8%A7%D9%81-%D8%A7\/\">Al Mal<\/a>. The minister did not explicitly say whether this requirement will be included in the new building code, and the <a href=\"https:\/\/ent.news\/2020\/2\/Unified-Building-Code.pdf\">Unified Building Code (pdf)<\/a> passed last year only lists drinking water and sanitation infrastructure, electricity, and a road network as the \u201cbasic public utilities\u201d required for a building. However, the new building code is expected to be expansive and should <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/efb7b356-468d-49d7-b806-57ee63ff32dc\">see the light in the near future<\/a>, suggesting that CIT infrastructure requirements could be included in the new regulations.<\/p>\n<p><strong>The inclusion would also make sense as the Sisi administration pushes ahead with its digitization strategy<\/strong>, which includes work from the CIT Ministry to upgrade and develop Egypt\u2019s network infrastructure, Talaat told Enterprise <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/04\/our-exclusive-sit-down-with-cit-minister-amr-talaat\/\">back in 2018<\/a>. <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/25\/vodafone-egypt-to-invest-egp-4-5-bn-in-fiber-optics-infrastructure-by-march-2019\/\">Vodafone Egypt<\/a> and state-owned <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/19\/te-hopes-to-complete-70-of-fiber-optics-internet-cable-network-by-years-end\/\">Telecom Egypt<\/a> have previously announced plans to invest in fiber optic infrastructure.<\/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\/amr-talaat\/\">Amr Talaat<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/building-code\/\">building code<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/cit-ministry\/\">CIT ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure-watch\/\">infrastructure watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation-watch\/\">regulation 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=\"559895\" 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=\"559895\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/559895\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559895\" class=\"content-area-description single-story post-559895 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\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=\"559896\" 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=\"559896\">\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\">Startup watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/sakneen-raises-usd-1-1-mn-in-seed-funding-round\/\">\r\n                            Sakneen raises USD 1.1 mn in seed funding round                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/sakneen-raises-usd-1-1-mn-in-seed-funding-round\/\" 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\/02\/08\/sakneen-raises-usd-1-1-mn-in-seed-funding-round\/')\">\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\/02\/08\/sakneen-raises-usd-1-1-mn-in-seed-funding-round\/\">\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=Sakneen raises USD 1.1 mn in seed funding round&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/sakneen-raises-usd-1-1-mn-in-seed-funding-round\/\">\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\/02\/08\/sakneen-raises-usd-1-1-mn-in-seed-funding-round\/&title=Sakneen raises USD 1.1 mn in seed funding round\">\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=Sakneen+raises+USD+1.1+mn+in+seed+funding+round+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Fsakneen-raises-usd-1-1-mn-in-seed-funding-round%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\/02\/08\/sakneen-raises-usd-1-1-mn-in-seed-funding-round\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/134.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"559897\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/sakneen-raises-usd-1-1-mn-in-seed-funding-round\/134-jpg-17\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/134.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"134.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/134.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/134.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559896\" class=\"content-area-description single-story post-559896 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-algebra-ventures tag-contact-financial tag-enterpriseam tag-foundation-ventures tag-sakneen tag-startup-watch tag-y-combinator wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-07\" class=\"content-anchor\"><\/a><strong> Egyptian real estate marketplace <a href=\"http:\/\/www.sakneen.com\/en\">Sakneen<\/a> has raised USD 1.1 mn in an<\/strong><strong> oversubscribed seed funding round<\/strong> led by Algebra Ventures, with \u201cmajor participation\u201d from Sarwa Capital and Foundation Ventures, according to <a href=\"https:\/\/ent.news\/2021\/2\/Sakneen-Fundraising-Press-Release-Feb-2021-1.pdf\">a statement (pdf)<\/a>. The round also saw participation from US-based real estate private equity firm Hem+Spire, Saudi-based Nakhla VC, as well as angel investors with pedigrees that include Google and BlackRock. Sakneen provides a search engine with \u201cdetailed search abilities like allowing users to search by down payment, monthly payment, and unique data points like NPV and travel times,\u201d CEO and co-founder Ramy Khorshed said.<\/p>\n<p><strong>Where the investment is going:<\/strong> Sakneen plans to use the funding primarily on its products and technology, and to retain the talent the company has on board, Khorshed told Enterprise. The company is currently \u201cactively working on several new features\u201d it plans to roll out within the next few weeks, and is looking to launch \u201ccompletely new products\u201d in the near future, CTO and co-founder Hussein El Kheshen said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/algebra-ventures\/\">Algebra Ventures<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/contact-financial\/\">Contact Financial<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/foundation-ventures\/\">Foundation Ventures<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sakneen\/\">Sakneen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startup-watch\/\">Startup watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/y-combinator\/\">Y Combinator<\/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=\"559898\" 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=\"559898\">\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\">CURRENT AFFAIRS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/juhayna-shares-tumble-on-news-of-ceos-arrest\/\">\r\n                            Juhayna shares tumble on news of CEO\u2019s arrest                        <\/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\/02\/08\/juhayna-shares-tumble-on-news-of-ceos-arrest\/\" 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\/02\/08\/juhayna-shares-tumble-on-news-of-ceos-arrest\/')\">\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\/02\/08\/juhayna-shares-tumble-on-news-of-ceos-arrest\/\">\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=Juhayna shares tumble on news of CEO\u2019s arrest&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/juhayna-shares-tumble-on-news-of-ceos-arrest\/\">\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\/02\/08\/juhayna-shares-tumble-on-news-of-ceos-arrest\/&title=Juhayna shares tumble on news of CEO\u2019s arrest\">\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=Juhayna+shares+tumble+on+news+of+CEO%E2%80%99s+arrest+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Fjuhayna-shares-tumble-on-news-of-ceos-arrest%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\/02\/08\/juhayna-shares-tumble-on-news-of-ceos-arrest\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559898\" class=\"content-area-description single-story post-559898 post type-post status-publish format-standard hentry category-current-affairs tag-current-affairs tag-egx tag-enterpriseam tag-juhayna tag-safwan-thabet tag-seif-thabet wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Shares of dairy foods giant Juhayna <\/strong><strong>plunged as much as <\/strong><strong>17% in trading yesterday before regaining <\/strong><strong>some ground<\/strong> to close the day down 10.6% on news of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/97cd926c-9da0-496b-b89d-f3d1474c7a2c\">CEO Seif Thabet\u2019s arrest<\/a>on Saturday as part of what Reuters says is an investigation into the alleged financing of terror groups. Seif\u2019s father Safwan Thabet was <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/692e0dbb-bdc8-40ba-9fba-fb2926de93e9\">arrested late last year<\/a> as part of a probe into what security officials described as \u201cfinancial irregularities.\u201d The company confirmed Seif\u2019s detention in an <a href=\"https:\/\/ent.news\/2021\/2\/Juhayna-disclosure.pdf\">EGX disclosure (pdf)<\/a> Sunday, saying it had no further information to disclose.<\/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\/current-affairs\/\">CURRENT AFFAIRS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/juhayna\/\">Juhayna<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/safwan-thabet\/\">Safwan Thabet<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/seif-thabet\/\">Seif Thabet<\/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=\"559899\" 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=\"559899\">\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\/02\/08\/hossam-abousati-appointed-ceo-of-healthcare-accreditation-body\/\">\r\n                            Hossam Abousati appointed CEO of healthcare accreditation body                        <\/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\/02\/08\/hossam-abousati-appointed-ceo-of-healthcare-accreditation-body\/\" 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\/02\/08\/hossam-abousati-appointed-ceo-of-healthcare-accreditation-body\/')\">\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\/02\/08\/hossam-abousati-appointed-ceo-of-healthcare-accreditation-body\/\">\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=Hossam Abousati appointed CEO of healthcare accreditation body&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/hossam-abousati-appointed-ceo-of-healthcare-accreditation-body\/\">\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\/02\/08\/hossam-abousati-appointed-ceo-of-healthcare-accreditation-body\/&title=Hossam Abousati appointed CEO of healthcare accreditation body\">\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=Hossam+Abousati+appointed+CEO+of+healthcare+accreditation+body+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Fhossam-abousati-appointed-ceo-of-healthcare-accreditation-body%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\/02\/08\/hossam-abousati-appointed-ceo-of-healthcare-accreditation-body\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559899\" class=\"content-area-description single-story post-559899 post type-post status-publish format-standard hentry category-moves tag-enterpriseam tag-moves wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Hossam Abousati<\/strong> has been appointed <strong>CEO<\/strong> of the <strong>General Authority for Healthcare <\/strong><strong>Accreditation and Regulation<\/strong>, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2251417\">Al Masry Al Youm<\/a> reports. Abousati had previously served as a political communications assistant to the health minister.<\/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\/moves\/\">moves<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559900\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-t2hjw3a\" data-v=\"4\" data-block-id=\"t2hjw3a\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-t2hjw3a-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-t2hjw3a-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-mizdyn9\" data-v=\"4\" data-block-id=\"mizdyn9\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-mizdyn9-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-mizdyn9-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-v2ht7b4\" data-v=\"4\" data-block-id=\"v2ht7b4\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-v2ht7b4-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-v2ht7b4-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-rb0cvfn\" data-v=\"4\" data-block-id=\"rb0cvfn\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-rb0cvfn-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-rb0cvfn-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559901\" 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=\"559901\">\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\/02\/08\/last-nights-talk-shows-on-8-february-2021\/\">\r\n                            Last Night\u2019s Talk Shows on 8 February 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\/02\/08\/last-nights-talk-shows-on-8-february-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\/02\/08\/last-nights-talk-shows-on-8-february-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\/02\/08\/last-nights-talk-shows-on-8-february-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=Last Night\u2019s Talk Shows on 8 February 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/last-nights-talk-shows-on-8-february-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\/02\/08\/last-nights-talk-shows-on-8-february-2021\/&title=Last Night\u2019s Talk Shows on 8 February 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=Last+Night%E2%80%99s+Talk+Shows+on+8+February+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Flast-nights-talk-shows-on-8-february-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\/02\/08\/last-nights-talk-shows-on-8-february-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559901\" class=\"content-area-description single-story post-559901 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-abdel-fattah-el-sisi tag-egyptian-commodities-exchange tag-enterpriseam tag-ibrahim-ashmawy tag-infrastructure-watch tag-last-nights-talk-shows wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Informal housing and development dominated the airwaves again last night<\/strong> as the talking heads delved into President Abdel Fattah El Sisi\u2019s visit to the Ezbet El Haggana area along with a number of ministers. Masaa DMC\u2019s Eman El Hosary (<a href=\"https:\/\/www.youtube.com\/watch?v=T8edmxn9Bdw\">watch, runtime: 15:43<\/a>) and Ala Mas\u2019ouleety\u2019s Ahmed Moussa covered the tour (<a href=\"https:\/\/www.youtube.com\/watch?v=4ilnDD5-iYE\">watch, runtime: 4:55<\/a>).<\/p>\n<p><strong>Plans to renovate with minimal displacement:<\/strong> The government\u2019s plan to develop Ezbet El Haggana as part of its development strategy for informal settlements will see repairs to its electricity and sewage networks complete within the coming month, Kelma Akhira\u2019s Lamees El Hadidi noted (<a href=\"https:\/\/www.youtube.com\/watch?v=5Nh8nowOnhY\">watch, runtime: 2:51<\/a>). The development plan also entails expanding the roads in the area, but authorities will aim to minimize the number of buildings that will be removed in the process, head of the Informal Housing Fund Khaled Seddik told El Hosary (<a href=\"https:\/\/www.youtube.com\/watch?v=qOo9TEhHZss\">watch, runtime: 5:50<\/a>). Seddik had a similar chat with Al Hayah Al Youm's Lobna Assal (<a href=\"https:\/\/www.youtube.com\/watch?v=TSdy67QA8YE&t=154s\">watch, runtime: 11:13<\/a>).<\/p>\n<p><strong>The second biggest talking point of the night: The imminent launch of Egycomex and other internal trade developments.<\/strong> Ibrahim Ashmawy, head of the Internal Trade Development Authority and chairman of the new Egyptian Commodities Exchange (Egycomex) explained the benefits of the exchange in regulating and digitizing commodities trading in a sit-down with Al Hayah Al Youm\u2019s Assal. With its financial and administrative regulations now complete, the exchange will launch on a pilot basis in mid-April, with wheat as the first tradable commodity, Ashmawy confirmed (<a href=\"https:\/\/www.youtube.com\/watch?v=WUZZ9q1Eoec\">watch, runtime: 10:52<\/a>).<\/p>\n<p><strong>The government\u2019s plans to establish logistics zones in different governorates<\/strong> are meant to help reduce the prices of goods, Ashmawy said in a separate interview with Ala Mas\u2019ouleety\u2019s Ahmed Moussa (<a href=\"https:\/\/www.youtube.com\/watch?v=-2tOJaAE4jk\">watch, runtime: 5:43<\/a>). Ashmawy also touched on the planned EGP 20 bn Gold City, which will depend on the private sector for financing and partnership (<a href=\"https:\/\/www.youtube.com\/watch?v=8j3OQxhw5ac\">watch, runtime: 4:29<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-commodities-exchange\/\">Egyptian Commodities Exchange<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ibrahim-ashmawy\/\">Ibrahim Ashmawy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure-watch\/\">infrastructure watch<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559902\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559903\" 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=\"559903\">\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\/02\/08\/egypt-in-the-news-on-8-february-2021\/\">\r\n                            Egypt in the News on 8 February 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\/02\/08\/egypt-in-the-news-on-8-february-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\/02\/08\/egypt-in-the-news-on-8-february-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\/02\/08\/egypt-in-the-news-on-8-february-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 8 February 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/egypt-in-the-news-on-8-february-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\/02\/08\/egypt-in-the-news-on-8-february-2021\/&title=Egypt in the News on 8 February 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+8+February+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Fegypt-in-the-news-on-8-february-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\/02\/08\/egypt-in-the-news-on-8-february-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559903\" class=\"content-area-description single-story post-559903 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-abdel-fattah-el-sisi tag-diplomacy tag-enterpriseam tag-libya wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Just like the domestic press, the foreign press is taking a breather this morning.<\/strong> The only story of note out there is <a href=\"https:\/\/apnews.com\/article\/egypt-tripoli-elections-libya-685f2e1d71ac5ae1c35c395eff1a741b\">the Associated Press<\/a> picking up on President Abdel Fattah El Sisi giving his blessings to Libya\u2019s newly appointed interim government in his <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fdce7c18-dbc3-4fb9-9c87-c09c0227e41c\">phone-in to El Hekaya on Saturday night<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"559904\" 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=\"559904\">\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\/02\/08\/also-on-our-radar-on-8-february-2021\/\">\r\n                            Also on our radar on 8 February 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\/02\/08\/also-on-our-radar-on-8-february-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\/02\/08\/also-on-our-radar-on-8-february-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\/02\/08\/also-on-our-radar-on-8-february-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 8 February 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/also-on-our-radar-on-8-february-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\/02\/08\/also-on-our-radar-on-8-february-2021\/&title=Also on our radar on 8 February 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+8+February+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Falso-on-our-radar-on-8-february-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\/02\/08\/also-on-our-radar-on-8-february-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559904\" class=\"content-area-description single-story post-559904 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-banking tag-credit-agricole tag-enterpriseam tag-financial-inclusion tag-smes 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_408146\"\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\/408144.svg\" alt=\"\" class=\"wp-image-408144\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>Edita has added an EGP 106 mn assembly line for its wafer products<\/strong>, the EGX-listed snackfood maker said in <a href=\"https:\/\/www.egx.com.eg\/downloads\/News\/%D8%A7%D9%8A%D8%AF%D9%8A%D8%AA%D8%A7%20%D8%A8%D9%8A%D8%A7%D9%86%2007-02-2021.pdf\">a regulatory filing (pdf)<\/a>. The new line can produce up to 6.4k tonnes of product a year, and will be used to produce Freska Block, Edita\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/02974467-daf0-4a49-85ab-259469db7061\">latest addition<\/a> to its wafer segment.<\/p><p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p><ul>\n<li><strong>Credit Agricole Egypt<\/strong> has <a href=\"https:\/\/ent.news\/2021\/2\/CAE-Eco-Friendly-Cards-PRL-Eng-final.pdf\">launched (pdf)<\/a> an eco-friendly range of bank cards made of bioplastic.<\/li>\n<li><strong>Governorate-level strategies to develop SMEs<\/strong> and encourage informal businesses to go legit <a href=\"http:\/\/tinyurl.com\/mfo2dy7s\">are on the radar<\/a> of the House SMEs Committee.<\/li>\n<li>The <strong>General Authority for Freezones and Investment<\/strong> will <a href=\"http:\/\/tinyurl.com\/1ap3t9rj\">develop<\/a> bilateral investment and trade with Kazakhstan under an MoU signed with state company <strong><a href=\"https:\/\/invest.gov.kz\/\">Kazakh Invest<\/a><\/strong>.<\/li>\n<\/ul>\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\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/credit-agricole\/\">Credit Agricole<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-inclusion\/\">financial inclusion<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/smes\/\">SMEs<\/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=\"559905\" 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=\"559905\">\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\/02\/08\/what-the-markets-are-doing-on-8-february-2021\/\">\r\n                            What the markets are doing on 8 February 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\/02\/08\/what-the-markets-are-doing-on-8-february-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\/02\/08\/what-the-markets-are-doing-on-8-february-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\/02\/08\/what-the-markets-are-doing-on-8-february-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=What the markets are doing on 8 February 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/what-the-markets-are-doing-on-8-february-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\/02\/08\/what-the-markets-are-doing-on-8-february-2021\/&title=What the markets are doing on 8 February 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+8+February+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Fwhat-the-markets-are-doing-on-8-february-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\/02\/08\/what-the-markets-are-doing-on-8-february-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559905\" class=\"content-area-description single-story post-559905 post type-post status-publish format-standard hentry category-planet-finance tag-bonds tag-careem tag-energy tag-enterpriseam tag-equities tag-financial-markets tag-gcc tag-opec tag-planet-finance tag-ride-hailing tag-transport tag-uber wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_408150\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408151.svg\" alt=\"\" class=\"wp-image-408151\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Another Wall Street vet just called a bubble:<\/strong> Peter Kraus has warned that the US market may be due a correction, telling <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-02-05\/kraus-says-no-one-should-be-surprised-by-a-market-plunge-of-15?srnd=premium&amp;sref=mmeFTDW1=premium&amp;sref=mmeFTDW1\">Bloomberg TV<\/a> that stocks could lose 10-15% of their value. The expected rising inflation over the US stimulus package estimated at USD 5 tn could also turn real rates positive and affect overvalued stocks.<\/p><p><strong>Uber\u2019s Middle East subsidiary Careem has dropped commission for GCC <\/strong><strong>restaurants<\/strong> and introduced a subscription fee-based model, in a step to relieve the adverse impact of covid-19 on Gulf eateries, it announced on <a href=\"https:\/\/twitter.com\/careem\/status\/1356604760288333826\">Twitter<\/a>. Careem\u2019s new structure would return at least 5% more value on small food delivery orders, ascending to over 17% on big batches, awarding merchants a \u201cmuch larger share of the pie.\u201d Mudassir Sheikha, the company\u2019s CEO and co-founder, told the <a href=\"https:\/\/www.ft.com\/content\/95dcc523-9870-4ce1-a86a-733743ab5441\">Financial Times<\/a>. The news comes on the very same day Mohamed Alabbar\u2019s Dubai-based e-commerce platform Noon uncovered its reduced commission offer for restaurants, reflecting the traditional model\u2019s \u201cunsustainability\u201d in the wake of the pandemic disruption.<\/p><p><strong>Oil jumps to near 1-year high:<\/strong> Oil markets are rebounding at a faster-than-expected rate following the historic crash last year, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-02-07\/oil-s-remarkable-rebound-from-a-year-of-catastrophe\">Bloomberg<\/a> reports. Last week, Brent-crude futures rallied to a one-year high approaching USD 60 \/ bbl, driven by increased Chinese consumption, the global vaccine rollout, and OPEC+ production curbs. But observers say the market<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-02-07\/oil-markets-have-got-ahead-of-themselves-trader-vitol-says?sref=mmeFTDW1\">may be getting ahead of itself<\/a>, betting on OPEC+\u2019s ability to deliver muted supply and the rest of the world\u2019s ability to boost demand, both of which may not last.<\/p><div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table table-striped markets-table\">\n<tbody>\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>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>11,603<\/p>\n<\/td>\n<td>\n<p>- (YTD: +7.0%)<\/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>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.61<\/p>\n<\/td>\n<td>\n<p>Sell 15.71<\/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>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.60<\/p>\n<\/td>\n<td>\n<p>Sell 15.70<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>8,688<\/p>\n<\/td>\n<td>\n<p>+0.8% (YTD: -)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>5,672<\/p>\n<\/td>\n<td>\n<p>+0.1% (YTD: +12.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,667<\/p>\n<\/td>\n<td>\n<p>-0.2% (YTD: +7.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>3,887<\/p>\n<\/td>\n<td>\n<p>+0.4% (YTD: +3.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>6,489<\/p>\n<\/td>\n<td>\n<p>-0.2% (YTD: +0.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 59.89<\/p>\n<\/td>\n<td>\n<p>+0.9%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.91<\/p>\n<\/td>\n<td>\n<p>+1.8%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,861.50<\/p>\n<\/td>\n<td>\n<p>+0.2%<\/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>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 38,782.83<\/p>\n<\/td>\n<td>\n<p>-2.1%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><p><strong>The EGX30 was flat yesterday<\/strong> on turnover of EGP 1.75 bn (19.5% above the 90-day average). Foreign investors were net sellers. The index is up 7.0% YTD.<\/p><p><strong>In the green:<\/strong> Orascom Investment (+7.5%), Pioneers Holding (+6.1%) and GB Auto (+4.1%).<\/p><p><strong>In the red:<\/strong> Sidi Kerir Petrochemicals (-1.3%), Abu Qir Fertilizers (-1.1%) and Heliopolis Housing (-1.0%).<\/p><p><strong>Korea\u2019s Kospi is the lone Asian market in the red this morning <\/strong>and futures suggest Wall Street and European markets will open in the green later today.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/careem\/\">Careem<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/equities\/\">equities<\/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\/gcc\/\">GCC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/opec\/\">OPEC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/planet-finance\/\">Planet Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ride-hailing\/\">ride-hailing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uber\/\">Uber<\/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=\"559906\" 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=\"559906\">\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\/02\/08\/around-the-world-on-8-february-2021\/\">\r\n                            Around the world on 8 February 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\/02\/08\/around-the-world-on-8-february-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\/02\/08\/around-the-world-on-8-february-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\/02\/08\/around-the-world-on-8-february-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=Around the world on 8 February 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/02\/08\/around-the-world-on-8-february-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\/02\/08\/around-the-world-on-8-february-2021\/&title=Around the world on 8 February 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=Around+the+world+on+8+February+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F02%2F08%2Faround-the-world-on-8-february-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\/02\/08\/around-the-world-on-8-february-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559906\" class=\"content-area-description single-story post-559906 post type-post status-publish format-standard hentry category-around-the-world tag-abdel-fattah-el-sisi tag-around-the-world tag-diplomacy tag-enterpriseam tag-gcc tag-infrastructure tag-iraq tag-sameh-shoukry tag-yemen wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>A HANDFUL OF REGIONAL DIPLOMACY STORIES: <\/strong><\/p>\n<p><strong>Egypt resumes \u201cinfrastructure diplomacy\u201d with Iraq:<\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/857de87c-e9f5-49c0-961f-51e77bef622e\">The \u201coil-for-reconstruction\u201d<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/857de87c-e9f5-49c0-961f-51e77bef622e\">mechanism<\/a> agreed by Egypt and Iraq last year was the subject of talks between International Cooperation Minister Rania Al Mashat and a delegation of Iraqi officials last week, the ministry said in <a href=\"https:\/\/www.facebook.com\/MOICEgypt\/posts\/3536457446401498?__cft__[0]=AZUMCs3WQrrIMYSwFvStTkncjJ7VNv0BDmysfoKwrNfEpw7keABZKDUorqXUs2Qu-GDkHXi-oDZxCPTSZ5uIC4DJ1rlnzS8hZ8A1uaN3d7KeqTIc53o3JPWNRcc-35Rw42T7Zb-E6-6IQD2EqcIpwSHz&__tn__=%2CO%2CP-R\">a statement<\/a>, which offered no further details. The two sides signed 15 MoUs in November which could see Egyptian companies awarded infrastructure projects in Iraq in return for Iraqi oil.<\/p>\n<p><strong>The talks came as Egypt\u2019s new ambassador to Iraq, Walid Ismail, <\/strong><strong><a href=\"https:\/\/www.mofa.gov.iq\/2021\/02\/?p=21042&fbclid=IwAR0CmG96OSjuqTklkCEn258l5xhbxtX3iTqLNcEYgg_rkWuR98VQWvZxnxQ\">presented his credentials<\/a><\/strong> to the Iraqi Foreign Ministry on Saturday. Ismail <a href=\"http:\/\/english.ahram.org.eg\/NewsContentP\/1\/374374\/Egypt\/Egypt-appoints-new-ambassadors-to-several-countrie.aspx\">was appointed<\/a> the new ambassador in July.<\/p>\n<p><strong>Foreign Minister Sameh Shoukry reiterated Egypt\u2019s support for a diplomatic <\/strong><strong>solution to the Yemeni crisis<\/strong> in a meeting with newly appointed Yemeni Foreign Minister Ahmed Awad BinMubarak yesterday, according to a cabinet <a href=\"http:\/\/tinyurl.com\/1wa750ek\">statement<\/a>.<\/p>\n<p><strong>Making headlines internationally: <\/strong>Tens of thousands of protesters have taken to the streets of Myanmar after last Monday\u2019s military takeover, calling for the release of elected leader Aung San Suu Kyi. Some 1k people joined a protest in Naypyidaw and 60k in Yangon, while more protests were reported in other areas of the country. The story is everywhere in the global press from <a href=\"https:\/\/www.reuters.com\/article\/us-myanmar-politics-protest\/protests-sweep-myanmar-to-oppose-coup-support-suu-kyi-idUSKBN2A702Y\">Reuters<\/a> and <a href=\"https:\/\/apnews.com\/article\/world-news-aung-san-suu-kyi-myanmar-riots-yangon-745e8a7c0f39bd1317706307fb39c3ed\">the Associated Press<\/a> to the <a href=\"https:\/\/www.ft.com\/content\/2458ba6b-032e-4750-a4ba-cc7b30afa44f\">Financial Times<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/around-the-world\/\">Around the World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gcc\/\">GCC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sameh-shoukry\/\">Sameh Shoukry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/yemen\/\">Yemen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<div class=\"alignfull vertical-section wide-section blackboard wp-block-group issue-section\" id=\"559907\">\r\n    <div class=\"issue-section__content\">\r\n        <div class=\"alignwide wp-block-columns\">\r\n            <div class=\"wp-block-column sidebar-vertical-info\" style=\"flex-basis:22.8%\">\r\n                <figure class=\"wp-block-image size-full\">\r\n                                            <img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27466.svg\" style=\"width:80%\" alt=\"\" >\r\n                                    <\/figure>\r\n                <p>\r\n                    Our weekly deep dive into education in Egypt, from K-12 to post-secondary.                <\/p>\r\n                <figure class=\"wp-block-image size-full mt-0 mb-0 img-white-bg\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27480.svg\" alt=\"\"><\/figure>\r\n                <p class=\"has-text-color has-link-color\">\r\n                    Published every Monday in EnterpriseAM.                <\/p>\r\n                <div class=\"wp-block-buttons mt-0\">\r\n                    <div class=\"wp-block-button\">\r\n                        <a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/enterpriseam.com\/egypt\/blackboard\/\">\r\n                            Read Blackboard                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\r\n                    <div class=\"issue-story-header text-center\">\r\n                        <div class=\"index-number\">15<\/div>\r\n\r\n                        \r\n                        <h3 class=\"story-title\"><a href=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/how-is-private-sector-education-positioned-to-grow-in-egypt-and-what-could-spur-it-part-1\/\">\r\n                            How is private sector education positioned to grow in Egypt, and what could spur it? Part 1<\/a>\r\n                        <\/h3>\r\n                        \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/how-is-private-sector-education-positioned-to-grow-in-egypt-and-what-could-spur-it-part-1\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/blackboards\/how-is-private-sector-education-positioned-to-grow-in-egypt-and-what-could-spur-it-part-1\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/blackboards\/how-is-private-sector-education-positioned-to-grow-in-egypt-and-what-could-spur-it-part-1\/\">\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=How is private sector education positioned to grow in Egypt, and what could spur it? Part 1&url=https:\/\/enterpriseam.com\/egypt\/blackboards\/how-is-private-sector-education-positioned-to-grow-in-egypt-and-what-could-spur-it-part-1\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/blackboards\/how-is-private-sector-education-positioned-to-grow-in-egypt-and-what-could-spur-it-part-1\/&title=How is private sector education positioned to grow in Egypt, and what could spur it? Part 1\">\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=How+is+private+sector+education+positioned+to+grow+in+Egypt%2C+and+what+could+spur+it%3F+Part+1+https%3A%2F%2Fenterpriseam.com%2Fegypt%2Fblackboards%2Fhow-is-private-sector-education-positioned-to-grow-in-egypt-and-what-could-spur-it-part-1%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>                    <\/div>\r\n\r\n                    <div class=\"story__body\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/how-is-private-sector-education-positioned-to-grow-in-egypt-and-what-could-spur-it-part-1\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/137.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=\"559908\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/how-is-private-sector-education-positioned-to-grow-in-egypt-and-what-could-spur-it-part-1\/137-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/137.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"137.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/137.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/137.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-559907\" class=\"content-area-description post-559907 blackboard type-blackboard status-publish has-post-thumbnail hentry tag-colliers-international tag-country-private-sector-diagnostic-2020 tag-egypt-k-12-education-sector-market-overview-2020 tag-enterprise-blackboard tag-enterpriseam tag-investment-watch tag-k-12-education tag-world-bank wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>How is private sector education positioned to grow in Egypt, and what could spur <\/strong><strong>it?<\/strong> <strong>Part 1.<\/strong> Egypt\u2019s private sector education represents a major window for investment, with target demographics underserved and demand rapidly growing, recent reports indicate. Two reports in particular capture a snapshot of the market: The Colliers International <a href=\"https:\/\/ent.news\/2021\/1\/Egypt-K12-Education-Sector-Market-Overview.pdf\">Egypt K-12 Education Sector Market Overview 2020 (pdf)<\/a> and the <a href=\"https:\/\/ent.news\/2021\/1\/CPSD-Egypt.pdf\">World Bank\u2019s Country Private Sector Diagnostic 2020 report (pdf)<\/a>. Today, we\u2019re looking at the Colliers report, which outlines how soaring demand for private K-12 education is opening up new potential investments. Private-sector friendly moves that reduce bureaucracy will keep spurring investment in this key area, it says. This big-picture analysis ties in with trends and developments we\u2019ve seen first-hand in recent years.<\/p>\n<p><strong>The private sector K-12 market share is still small: <\/strong>Private school students currently account for 10.6% of Egypt\u2019s total student population \u2014 which stood at an estimated 23.3 mn in 2019-20, up from 19.3 mn in 2014-15. Almost 50% of Egypt\u2019s total number of private schools are international, according to the Colliers report.<\/p>\n<p><strong>But demand is growing:<\/strong> Egypt\u2019s private sector K-12 student growth has almost doubled in the last five years, at a CAGR rate of 6.3%, compared to 3.6% in the public sector. Some 2.1 mn new seats will be needed in private sector schools in Egypt by 2030, with almost 1 mn of these in Cairo, Colliers estimates. This makes sense when you consider that students in overcrowded public schools currently often have to make use of <a href=\"https:\/\/enterprise.press\/blackboards\/shift-research-papers-public-schools-sees-unpopular-private-tutoring-industry-back-new-guise\/\">private tutoring services<\/a> to supplement their learning. While the size of the private tutoring industry is difficult to quantify, sources including private sector education outfit <a href=\"https:\/\/cairoinvest-ir.com\/en\/our-market\">CIRA estimate<\/a> that annual payments for primary and secondary students reached some USD 2.2 bn in 2016-17.<\/p>\n<p><strong>So is investor interest:<\/strong> Private school growth clocked in a CAGR of 4.4% between 2014-15 and 2018-19 \u2014 over double the public school growth rate. This shows significant investor interest in the sector, the Colliers report shows.<\/p>\n<p><strong>And Greater Cairo looks set to remain a hotspot: <\/strong>54% of Egypt\u2019s total private student population is enrolled in Greater Cairo. Enrollment is taking place in private schools at a CAGR of 5.6%, compared to 3.5% for public schools. But within Greater Cairo itself, the private sector only makes up 29% of enrollment \u2014 meaning there\u2019s huge potential for private sector education growth in rapidly-developing areas like the New Capital. Most private schools in the east (New Cairo and the New Capital) are currently operating at full capacity, indicating market openings.<\/p>\n<p><strong>A key reason for this is higher income levels in Cairo \u2014 which are projected to grow:<\/strong> Income levels tend to be higher in Greater Cairo, meaning families can afford to pay annual tuition fees ranging from USD 2.5k-30k, with USD 8k-12k being the \u201csweet spot\u201d. The number of households within these higher income brackets are projected to grow significantly by 2030: families that can afford to pay fees of USD 2.5k will grow to 110k from 80k; those that can pay USD 6.5k will grow to 40k from 30k; those that can pay USD 15k will grow to 21k from 16k; and those that can pay USD 30k will grow to 16k from 10k.<\/p>\n<p><strong>This is creating additional demand for international schools in particular: <\/strong>Income growth and the desire for prestigious, high quality education mean there\u2019s a significant demand for regional and international branded schools, the report tells us. Currently, almost 35% of the top private schools offer more than one curriculum, with the most popular being the British, followed by the American Diploma, International Baccalaureate, and Canadian.<\/p>\n<p><strong>And we\u2019re already seeing evidence of this:<\/strong> International K-12 education franchising is poised to grow, <a href=\"https:\/\/enterprise.press\/blackboards\/education-franchising-relatively-low-risk-strategy-boost-egypts-internationalization-drive\/\">we reported recently<\/a>. <a href=\"https:\/\/malverncollege.edu.eg\/\">Malvern College Egypt<\/a> was set up in 2016 as a franchise of <a href=\"https:\/\/www.malverncollegeinternational.org\/?noRedirect=1\">Malvern International<\/a>. <a href=\"https:\/\/rbs-egypt.com\/about-us-2\/\">Regent British School<\/a> in New Mansoura <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/da6ea134-a158-49e6-a05b-87bef013d8ce\">opened its doors<\/a> in October 2020. <a href=\"https:\/\/web.facebook.com\/kentcollegewestcairo\/?ref=py_c&_rdc=1&_rdr\">Kent College West Cairo<\/a> is <a href=\"https:\/\/dailynewsegypt.com\/2020\/02\/17\/orascom-development-brings-kent-college-to-open-first-campus-in-o-west\/\">due to open<\/a> in 3Q2022. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b5230b89-93ad-4afb-954a-0fdb71953046\">Saxony International School Egypt<\/a> is set to open in 2021-2022 as a franchise of German holding company <a href=\"https:\/\/www.saxony-international-school.de\/\">Saxony International School<\/a>, in partnership with <a href=\"http:\/\/cairoinvest-ir.com\/\">CIRA<\/a> and education management company <a href=\"https:\/\/eduhive.com\/#about-us\">Eduhive<\/a>. And a flurry of school construction in new development hubs like Ain Sokhna and El Alamein <a href=\"https:\/\/enterprise.press\/blackboards\/whats-coming-education-industry-2021\/\">is expected<\/a> over the next few years.<\/p>\n<p><strong>Egypt\u2019s appeal for international investors spans demographics, economics and culture:<\/strong> Egypt appealed to Malvern because it\u2019s relatively economically advanced within MENA, its demographics are favorable to the education business, and education is culturally very important to Egyptians, Director of International Schools Allan Walker told Enterprise.<\/p>\n<p><strong>The sector offers lucrative ventures for investors \u2014 but challenges remain<\/strong>, including red tape and attracting and retaining qualified staff, the report says.<\/p>\n<p><strong>Still, at least one of these challenges has since been overcome: <\/strong>The <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/19f2a88a-aafb-42ae-b829-be0d17947bc2\">decision to remove<\/a> the 20% cap on foreign ownership \u2014 which was issued after the report was published \u2014 is cited in the report as a deterrent to investment, which notes that the government had <a href=\"https:\/\/enterprise.press\/blackboards\/official-govt-sets-committee-handle-k-12-schools-requests-exceptions-20-foreign-ownership-limit\/\">outlined a mechanism<\/a> providing private sector K-12 schools with an avenue for exemption. The 20% foreign ownership limits had <a href=\"https:\/\/enterprise.press\/blackboards\/blackboard\/\">raised serious concerns<\/a> that investors would be deterred and education expansion plans slowed. The new decision allows schools to be fully owned by individuals, funds, or companies with foreign or dual nationalities, provided they\u2019re registered and based in Egypt. The reversal of the cap suggests that at least one major challenge has now been overcome.<\/p>\n<p><strong>And it was welcomed by operators: <\/strong>Reversing the foreign ownership cap is a sign that the government is serious about attracting qualified investors to the industry \u2014 and that merit will take precedence over nationality when it comes to operating a school here, CIRA CEO Mohamed El Kalla told Enterprise. GEMS Egypt CEO Ahmed Wahby said the move would drive investment into the sector while also helping current operators improve their services and meet demand.<\/p>\n<p><strong>Next week:<\/strong> The World Bank\u2019s Country Private Sector Diagnostic 2020 report gives an overview of how a productive private sector could spur economic growth in Egypt. The private higher education sector is a vital part of this, but regulatory amendments are needed to accelerate the process, the report says. We look at this in detail next week.<\/p>\n<p><strong>Your top education stories for the week:<\/strong><\/p>\n<ul>\n<li><strong>It\u2019s officially mid-year break for public schools. <\/strong>Students are scheduled to return to their classrooms on 21 February.<\/li>\n<li><strong>The specifics of the Education Ministry\u2019s plans for the rest of the academic year<\/strong>, after the break wraps up for public and national schools, <a href=\"https:\/\/www.elbalad.news\/4688564\">will be announced<\/a> next Sunday.<\/li>\n<li><strong>Students looking to apply to private universities<\/strong> have until today to upload their certificates to the Higher Education Ministry\u2019s new centralized platform.<\/li>\n<li><strong>Volkswagen will set up an applied technology school for car maintenance<\/strong>, with classes set to begin next fall, under the terms of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/74801bf9-ba28-4b78-b3eb-2a78b9161449\">an MoU with the Education Ministry<\/a>.<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/colliers-international\/\">Colliers International<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/country-private-sector-diagnostic-2020\/\">Country Private Sector Diagnostic 2020<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-k-12-education-sector-market-overview-2020\/\">Egypt K-12 Education Sector Market Overview 2020<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/k-12-education\/\">K-12 education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-bank\/\">World Bank<\/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=\"559909\" 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\/02\/08\/calendar-on-8-february-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-559909\" class=\"content-area-description single-story post-559909 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>February: France\u2019s finance minister, Bruno Le Maire, is set to visit Egypt.<\/p>\n<p>6-8 February (Saturday- Monday) Students will be able to upload their educational certificates on the Higher Education Ministry\u2019s electronic university admissions site.<\/p>\n<p>6-20 February (Saturday-Saturday): Mid-year school break (public schools \u2014 enjoy the break from bumper-to-bumper traffic).<\/p>\n<p>7-28 February (Sunday-Sunday): The Finance Ministry will receive applications from companies wishing to take part in the second phase of its program for the immediate payout of export subsidy arrears to exporters, minus a 15% fee.<\/p>\n<p>8 February (Monday): Egypt leads an emergency Arab League minister-level meeting on the Israel-Palestine peace process.<\/p>\n<p>8 February (Monday): AUC will hold a webinar titled \u2018<a href=\"https:\/\/auc-connect.aucegypt.edu\/PUBLICEV\/rsvp_boot?id=300049021\">The Rise of Citizen Capitalism<\/a>\u2019 featuring Michael O'Leary, the managing director of Engine No. 1, and Warren Valdmanis, a partner at Two Sigma.<\/p>\n<p>9 February (Tuesday): International Conference on Global Business, Economics, Finance and Social Sciences, Ramses Hilton, Cairo, Egypt.<\/p>\n<p>10-11 February (Wednesday-Thursday): Egypt will host an arm of the World Conference on Science Engineering and Technology, Hotel Pavillon Winter, Luxor, Egypt.<\/p>\n<p>12 February (Friday): Deadline to reach a settlement with the Tax Authority on overdue income, value-added, or real estate taxes without all the late fees. Late taxpayers are still eligible for a 50% exemption on interest fees and late penalties until 12 February under <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ddb3ee90-21ad-4399-b893-acd41317dd44\">a bill<\/a> passed last year, Tax Authority boss Reda Abdel Kader <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=21012021&id=77f4f7a1-57f4-4d53-b82c-f66c8f64fbc1\">said<\/a>.<\/p>\n<p>12-15 February (Friday-Monday): Students will be able to apply for placement at private universities on the Higher Education Ministry\u2019s electronic university admissions site<\/p>\n<p>20 February (Saturday): Final results of applications for private university places will be announced on the Higher Education Ministry\u2019s electronic university admissions site<\/p>\n<p>22-24 February (Monday-Wednesday): <a href=\"https:\/\/arabstates.gltn.net\/second-arab-land-conference\/\">Second Arab Land Conference<\/a> on land management, efficient land use, among other topics.<\/p>\n<p>22 February- 5 March (Monday-Friday) Egypt will host the World Shooting Championship in 6 October\u2019s Shooting Club, with 31 countries set to participate<\/p>\n<p>26 February (Thursday): The <a href=\"http:\/\/afrofuturesummit.com\/\">Afro Future Summit<\/a> will take place virtually.<\/p>\n<p>28 February (Sunday) <a href=\"https:\/\/bit.ly\/3r7mvE7\">Deadline<\/a> for businesses, sole traders, and those generating income from sources other than their day job to file wage tax returns through the electronic filing system.<\/p>\n<p>March: Potential visit to Cairo by Russian President Vladimir Putin.<\/p>\n<p>1-5 March (Sunday-Friday): <a href=\"https:\/\/www.aswanforum.org\/news-details\/312\">Aswan Forum for Peace and Development<\/a> will take place virtually.<\/p>\n<p>4-6 March (Thursday-Saturday): <a href=\"https:\/\/www.cairofashiontex.com\/\">Cairo Fashion & Tex<\/a> trade show, Cairo International Convention Centre, Cairo, Egypt<\/p>\n<p>8 March (Monday): The <a href=\"https:\/\/www.idc.com\/mea\/events\/67992-idc-future-of-work#category_10\">IDC Future of Work Egypt<\/a> conference will be held virtually featuring experts from Egypt and Jordan.<\/p>\n<p>9-11 March (Tuesday-Thursday): EduGate 2021 \u2013 Enter The Future conference, Kempinski Royal Maxim Hotel, Cairo, Egypt.<\/p>\n<p>18 March (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>1-3 April (Thursday-Saturday): <a href=\"http:\/\/hvacregypt.com\/\">HVAC-R Egypt Expo<\/a>.<\/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, Egypt,<\/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, Cairo, Egypt.<\/p>\n<p>30 June (Wednesday): 30 June 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>12 August (Thursday): National holiday in observance of the Islamic New Year.<\/p>\n<p>16 September (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>30 September-2 October (Thursday-Saturday): <a href=\"https:\/\/www.egypt-projects.com\/\">Egypt Projects 2021<\/a> expo, Egypt International Exhibition Center, Cairo, Egypt.<\/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>21 October (Thursday): National holiday in observance of the 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>27 June - 3 July 2022 (Monday-Sunday): <a href=\"https:\/\/www.insidethegames.biz\/articles\/1103867\/fisu-world-university-squash-new-giza\">World University Squash Championships<\/a>, New Giza.<\/p>\n<p><strong>Note to readers: <\/strong>Some national holidays may appear twice above. Since 2020, Egypt has observed most mid-week holidays on Thursdays regardless of the day on which they fall and may also move those days to Sundays. We distinguish below between the actual holiday and its observance.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":559882,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-559881","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"13fde19d-689a-42dc-98cf-afe1e53edda4","teaser":"","photo_url":"https:\/\/ent.news\/2021\/2\/128.jpeg"},"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>We\u2019re going to have to get used to the idea that covid is here to stay - 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\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019re going to have to get used to the idea that covid is here to stay\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T02:40:26+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/128.jpeg?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\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/\",\"name\":\"We\u2019re going to have to get used to the idea that covid is here to stay - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/128.jpeg?fit=%2C&ssl=1\",\"datePublished\":\"2021-02-08T03:52:59+00:00\",\"dateModified\":\"2025-12-16T02:40:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/128.jpeg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/128.jpeg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"We\u2019re going to have to get used to the idea that covid is here to stay\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"We\u2019re going to have to get used to the idea that covid is here to stay - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/","og_locale":"en_US","og_type":"article","og_title":"We\u2019re going to have to get used to the idea that covid is here to stay","og_url":"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/","og_site_name":"EnterpriseAM Egypt","article_modified_time":"2025-12-16T02:40:26+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/128.jpeg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/","url":"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/","name":"We\u2019re going to have to get used to the idea that covid is here to stay - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/128.jpeg?fit=%2C&ssl=1","datePublished":"2021-02-08T03:52:59+00:00","dateModified":"2025-12-16T02:40:26+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/128.jpeg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/128.jpeg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/were-going-to-have-to-get-used-to-the-idea-that-covid-is-here-to-stay\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/egypt\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"We\u2019re going to have to get used to the idea that covid is here to stay"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559881\/revisions"}],"predecessor-version":[{"id":559919,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559881\/revisions\/559919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/559882"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}