{"id":560610,"date":"2021-03-07T04:02:06","date_gmt":"2021-03-07T04:02:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=560610"},"modified":"2025-12-16T02:58:17","modified_gmt":"2025-12-16T02:58:17","slug":"vaccine-rollouts-revenge-of-the-luddites-part-iii-chapter-ii","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/vaccine-rollouts-revenge-of-the-luddites-part-iii-chapter-ii\/","title":{"rendered":"Vaccine rollouts + Revenge of the Luddites, Part III, Chapter II"},"content":{"rendered":"<section id=\"560612\" 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=\"560612\">\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\/03\/07\/what-were-tracking-on-7-march-2021\/\">\r\n                            What we\u2019re tracking on 7 March 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\/03\/07\/what-were-tracking-on-7-march-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\/03\/07\/what-were-tracking-on-7-march-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\/03\/07\/what-were-tracking-on-7-march-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 7 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/what-were-tracking-on-7-march-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\/03\/07\/what-were-tracking-on-7-march-2021\/&title=What we\u2019re tracking on 7 March 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+7+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Fwhat-were-tracking-on-7-march-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\/03\/07\/what-were-tracking-on-7-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560612\" class=\"content-area-description single-story post-560612 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-abdalla-hamdok tag-abdel-fattah-el-sisi tag-ahmed-moussa tag-diplomacy tag-eastern-mediterranean tag-enterpriseam tag-nikos-dendias tag-sameh-shoukry tag-turkey tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good morning, friends, and welcome to a brand new week.<\/strong><\/p>\n<p><strong>THE BIG STORY HERE AT HOME<\/strong> is President Abdel Fattah El Sisi\u2019s visit to Sudan. Talks included how to boost bilateral relations as well as the way forward on the Grand Ethiopian Renaissance Dam. The visit dominates the news cycle this morning and was all over the airwaves last night. We have chapter and verse in the news well, below.<\/p>\n<p><strong>Expect Sudan to stay in the headlines for the next few days, with Sudanese Prime<\/strong><strong> Minister Abdalla Hamdok expected to touch down in Egypt this Thursday, 11 March<\/strong> for a two-day visit. GERD will most certainly be on the agenda when Hamdok lands, Ittihadiya spokesperson Bassem Rady told Ala Mas\u2019ouleety\u2019s Ahmed Moussa yesterday <a href=\"https:\/\/www.youtube.com\/watch?v=HxBbZAms41U\">(watch, runtime: 9:44)<\/a>.<\/p>\n<p><strong>THE BIG STORY INTERNATIONALLY:<\/strong> The US senate passed President Joe Biden's USD 1.9 tn stimulus plan in a party-line vote after an all-night \"vote-a-rama\" on Saturday, paving the way for Biden's first legislative victory if approved by the House in the coming days, <a href=\"https:\/\/edition.cnn.com\/2021\/03\/05\/politics\/senate-covid-relief-vote-a-rama\/index.html\">CNN<\/a> reports. The House aims to reconcile several key changes, pass the bill on Tuesday, and send it back to Biden\u2019s desk for his signature before 14 March \u2014 just days before unemployment programs expire for mns of Americans. The story is front-page news everywhere from the <a href=\"https:\/\/www.nytimes.com\/2021\/03\/06\/us\/politics\/biden-stimulus-plan.html\">New York Times<\/a> to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-06\/senate-passes-1-9-trillion-relief-package-after-marathon-votes?srnd=premium-middle-east\">Bloomberg<\/a>.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>*** CATCH UP QUICK<\/strong> with the biggest stories from Thursday\u2019s EnterprisePM:<\/p>\n<ul>\n<li>The Health Ministry <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/acb4a69b-9a99-4394-881c-9aba0c326cb9\">began<\/a><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/acb4a69b-9a99-4394-881c-9aba0c326cb9\">rolling<\/a><\/strong><strong> out covid-19 vaccines to the wider public<\/strong>.<\/li>\n<li>Contracts have been <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/937f8328-b0fc-4e1f-84d9-893ddd22fc8f\">awarded<\/a> for the<strong> world\u2019s largest wastewater treatment plant <\/strong>right here in Egypt.<\/li>\n<li><strong>The commodities supercycle <\/strong>looks like <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ee651e31-7cfb-4d6a-8a86-30fe4363d71e\">it\u2019s touching metals<\/a> in Egypt.<\/li>\n<\/ul>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>We\u2019re likely going to be talking about Turkey <\/strong>when Greek Foreign minister Nikos Dendias lands tomorrow for a two-day visit. Dendias plans to discuss the demarcation of maritime zones \u2014 including a recent push by Ankara to draw up <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/97a7c519-e6da-49a3-a333-d6aef5ec7f00\">an East Med maritime demarcation agreement<\/a> with Egypt \u2014 as well as developments in Libya and the Eastern Med in general, according to a <a href=\"https:\/\/www.mfa.gr\/epikairotita\/enimerosi-syntakton\/enemerose-diplomatikon-suntakton-apo-ton-ekprosopo-tou-upourgeiou-exoterikon-alexandro-papaioannou-05032021.html\">Greek Foreign Ministry statement<\/a>. The visit comes days after Shoukry <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2c45e862-17f2-4973-ae80-448c7c1d3b84\">called for<\/a> \u201ca unified, firm policy\u201d against Turkey\u2019s \u201cdestructive practices\u201d in the region.<\/p>\n<p><strong>There\u2019s three days left of the EFG Hermes Virtual Investor Conference.<\/strong> The conference is headlined as \u201cFrontier Emerging Markets Regaining Momentum\u201d and brings together executives from 197 companies and more than 700 investors from 253 global institutions to exchange insights on the current state of frontier and emerging markets. The event runs until Tuesday, 9 March.<\/p>\n<p>Key data points in the coming days and weeks:<\/p>\n<ul>\n<li><strong>Foreign reserves figures<\/strong> should be out within the next few days.<\/li>\n<li><strong>Inflation data<\/strong> will drop on Wednesday, 10 March.<\/li>\n<li><strong>The Central Bank of Egypt will discuss interest rates<\/strong> on Thursday, 18 March.<\/li>\n<\/ul>\n<p><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdalla-hamdok\/\">Abdalla Hamdok<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/ahmed-moussa\/\">Ahmed Moussa<\/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\/eastern-mediterranean\/\">Eastern Mediterranean<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nikos-dendias\/\">Nikos Dendias<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sameh-shoukry\/\">Sameh Shoukry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"560613\" 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=\"560613\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/560613\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560613\" class=\"content-area-description single-story post-560613 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class='web-image'><a href='https:\/\/somabay.com\/'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/SOMA-ENTERPRISE-JETTY-1600px.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560614\" 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=\"560614\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">COVID WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/roll-up-yer-sleeve-the-vaccine-rollout-is-underway\/\">\r\n                            Roll up yer sleeve: The vaccine rollout is underway                        <\/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\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/roll-up-yer-sleeve-the-vaccine-rollout-is-underway\/&title=Roll up yer sleeve: The vaccine rollout is underway\">\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=Roll+up+yer+sleeve%3A+The+vaccine+rollout+is+underway+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Froll-up-yer-sleeve-the-vaccine-rollout-is-underway%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\/03\/07\/roll-up-yer-sleeve-the-vaccine-rollout-is-underway\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560614\" class=\"content-area-description single-story post-560614 post type-post status-publish format-standard hentry category-covid-watch tag-aviation tag-covax tag-covid-19 tag-egyptair tag-enterpriseam tag-kuwait tag-morocco tag-saudi-arabia tag-vaccines tag-world-health-organization 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>The first day of the covid-19 vaccine rollout to the wider public saw 1,141<\/strong><strong> individuals get a jab<\/strong>, the Health Ministry said in a <a href=\"https:\/\/bit.ly\/3qoBxo8\">statement<\/a> on Thursday. Both the Sinopharm and Oxford-AstraZeneca vaccines are being deployed. Sinopharm is taken in two jabs administered 21 days apart, while folks getting the Oxford-AstraZeneca vaccine take a second dose after a three-month period.<\/p>\n<p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/30mHB62\">reported<\/a><\/strong><strong> 588 new covid-19 infections yesterday<\/strong>, up 579 the day before. The ministry also reported 45 new deaths, bringing the country\u2019s total death toll to 10,916. Egypt has now disclosed a total of 185,334 confirmed cases of covid-19.<\/p>\n<p><strong>Tourism companies want to buy 200k doses of covid-19 vaccines for Egyptians<\/strong><strong> going to Hajj in a bid to preserve a significant source of business for the industry.<\/strong> The Egyptian Tourism Federation\u2019s tour operators division are lobbying the health, interior, and foreign ministries and the covid-19 crisis committee to make the jabs available for purchase, federation board member Wahid Assem said, according to <a href=\"http:\/\/bit.ly\/3rq4LEv\">Al Shorouk<\/a>. The proposal would see the companies covering the costs of the jabs, some of which would be distributed to airports employees.<\/p>\n<p><strong>More affordable PCR tests for outbound travelers, please:<\/strong> The tourism industry also wants the Health Ministry to offer PCR tests to travelers leaving Egypt on international flights at the same USD 30 fixed rate offered to inbound tourists, according to <a href=\"http:\/\/bit.ly\/3bkAEc7\">Al Shorouk<\/a>.<\/p>\n<p><strong>Morocco has suspended flights to Egypt and Algeria until 21 March due to covid <\/strong><strong>concerns<\/strong>, the Moroccan Airports Authority said in <a href=\"https:\/\/bit.ly\/2PJfo7H\">a statement<\/a> on Friday. EgyptAir <a href=\"https:\/\/twitter.com\/EGYPTAIR\/status\/1367860423119302666\">confirmed<\/a> that it has stopped flights to Morocco \u201cuntil further notice\u201d starting Friday.<\/p>\n<p><strong>Kuwait is extending its travel ban for non-citizens until further notice<\/strong> and has introduced a one-month nighttime curfew to battle the pandemic as the country reported a new record daily case count, its cabinet <a href=\"https:\/\/www.cmgs.gov.kw\/Weekly-Statement?enc=vHGXfU9fb32A4rAifzkbvg==\">said on Thursday<\/a>. The government on 22 February <a href=\"https:\/\/www.arabnews.com\/node\/1813796\/middle-east\">closed land and sea borders<\/a> until 20 March.<\/p>\n<p><strong>It\u2019s a different story in Saudi Arabia, where the government is easing restrictions.<\/strong> The kingdom is reopening diners and cafes, malls, gyms, and in-door leisure facilities, state-owned <a href=\"https:\/\/www.spa.gov.sa\/2197400\">Saudi Press Agency<\/a> reported. <strong>A <\/strong><strong><a href=\"https:\/\/www.arabnews.com\/node\/1800521\/saudi-arabia\">travel ban and border closure<\/a><\/strong><strong> remains in effect <\/strong>until 17 May.<\/p>\n<p><strong>Eva Pharma will begin distributing Japanese antiviral medication Avipiravir to <\/strong><strong>pharmacies<\/strong>, the pharma company said in a <a href=\"https:\/\/www.evapharma.com\/eva-pharma-announces-availability-of-antiviral-avipiravir-tablets-in-egyptian-pharmacies\/\">statement<\/a>.<\/p>\n<p><strong>WATCH THIS SPACE- Anti-covid-19 pill in the making?<\/strong> A mid-stage study on an experimental antiviral med shows the pill is able to \u201csignificantly reduce\u201d the infectious virus after five days of treatment, the <a href=\"https:\/\/www.wsj.com\/articles\/covid-19-pill-shows-promise-in-preliminary-testing-11615006861?mod=hp_lead_pos3\">Wall Street Journal<\/a> reports, citing one of the med\u2019s developers. The Tamiflu-like capsule is still under study to prove its efficacy in treating severe covid-19 cases, but could be a key stepping stone to cutting down on hospitalizations.<\/p>\n<p><strong>The World Health Organization has warned of possible third and fourth waves of <\/strong><strong>covid-19<\/strong>, and urged governments to guard against complacency amid the global vaccine rollout, WHO official Mike Ryan said at a press briefing on Friday, according to <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-who-brazil\/now-is-not-time-to-relax-pandemic-efforts-says-who-idUSKBN2AX22Q\">Reuters<\/a>.<\/p>\n<p><strong>Landmark for Covax:<\/strong> Covax has so far delivered over 20 mn doses to 20 countries and another 14.4 mn doses to be delivered to 31 nations this week, WHO director-general Tedros Adhanom Ghebreyesushe said <a href=\"https:\/\/www.who.int\/director-general\/speeches\/detail\/who-director-general-s-opening-remarks-at-the-media-briefing-on-covid-19-5-march-2021\">at a briefing<\/a> on Friday.<\/p>\n<p><strong>The EU is turning to the US to ramp up doses of AstraZeneca\u2019s covid-19 jab as its <\/strong><strong>vaccine rollout program continues to stumble<\/strong>, urging Washington to ensure the flow of shipments of essential vaccine components needed in European production, the <a href=\"https:\/\/www.ft.com\/content\/e4aaf7a8-3ccb-4223-b8e9-4cd069a9dbf2\">Financial Times<\/a> reports, citing the European Commission. The EU also adopted a new export control mechanism to ensure manufacturers respect their contracts, allowing Italy to bar exports of the vaccine destined for New Zealand after AstraZeneca failed to deliver the 205k-dose shipment it promised Europe on time, according to the <a href=\"https:\/\/www.wsj.com\/articles\/eu-and-italy-block-export-of-astrazeneca-covid-19-vaccine-to-australia-11614875649\">Wall Street Journal<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covax\/\">Covax<\/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\/egyptair\/\">EgyptAir<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-health-organization\/\">World Health Organization<\/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=\"560615\" 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=\"560615\">\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\">Privatization<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/shaking-off-the-cobwebs\/\">\r\n                            Shaking off the cobwebs                        <\/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\/03\/07\/shaking-off-the-cobwebs\/\" 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\/03\/07\/shaking-off-the-cobwebs\/')\">\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\/03\/07\/shaking-off-the-cobwebs\/\">\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=Shaking off the cobwebs&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/shaking-off-the-cobwebs\/\">\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\/03\/07\/shaking-off-the-cobwebs\/&title=Shaking off the cobwebs\">\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=Shaking+off+the+cobwebs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Fshaking-off-the-cobwebs%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\/03\/07\/shaking-off-the-cobwebs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560615\" class=\"content-area-description single-story post-560615 post type-post status-publish format-standard hentry category-privatization-watch tag-al-ahly-capital-holding tag-egx tag-egyptian-general-petroleum-corporation tag-enterpriseam tag-industrial-development-authority tag-national-investment-bank tag-privatization-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>The government is going to do a new valuation on Abu Qir Fertilizers as it<\/strong><strong> prepares a <\/strong><strong>new timeline for a secondary offering <\/strong>of the company\u2019s shares, <a href=\"http:\/\/bit.ly\/38ikIFf\">Al Mal<\/a> reports, citing what it says are unnamed sources in the know. A new valuation is necessary after the pandemic and ensuing capital market sell-off. It\u2019s not clear how long the process will take, or when the government committee managing the privatization program expects to kick off the roadshow for the sale. Renaissance Capital\u2019s head of MENA research Ahmed Hafez <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5043975b-3664-4d29-a25b-cd9f6c9db0be\">previously told us<\/a> Abu Qir could be brought to market if there\u2019s a strong rally in commodity prices, and markets are now awash with talk of a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2fb13174-3377-49ef-8300-480e0abee206\">commodities supercycle<\/a>.<\/p>\n<p><strong>Advisors:<\/strong> Renaissance Capital and CI Capital were tapped to lead the transaction. White and Case and Shalakany Law Office are providing counsel.<\/p>\n<p><strong>Background:<\/strong> The offering, which <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/03\/abu-qir-to-sell-stake-after-eid-as-part-of-egypts-privatization-program\/\">was supposed to go to market in 2019<\/a>, would have seen the government sell as much as 20% of the company via an accelerated book build on the EGX. The final decision remains unconfirmed. The sale was put on hold at <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/23\/egypt-to-see-no-privatization-in-january-says-finance-minister-8914\/\">the end of 2019<\/a>, and then again <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2ca00bff-64e0-4e84-bca3-85e9192a8b12\">last year<\/a> because of the pandemic. <strong>This listing gets an Enterprise Realness Rating of 4.<\/strong><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/al-ahly-capital-holding\/\">Al Ahly Capital Holding<\/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\/egyptian-general-petroleum-corporation\/\">Egyptian General Petroleum Corporation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/industrial-development-authority\/\">Industrial Development Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-investment-bank\/\">National Investment Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/privatization-watch\/\">privatization 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=\"560616\" 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=\"560616\">\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\">DISPUTE WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/revenge-of-the-luddites-part-iii-chapter-ii-vezeeta-strikes-back\/\">\r\n                            Revenge of the Luddites, Part III: Chapter II: Vezeeta strikes back                        <\/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\/03\/07\/revenge-of-the-luddites-part-iii-chapter-ii-vezeeta-strikes-back\/\" 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\/03\/07\/revenge-of-the-luddites-part-iii-chapter-ii-vezeeta-strikes-back\/')\">\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\/03\/07\/revenge-of-the-luddites-part-iii-chapter-ii-vezeeta-strikes-back\/\">\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=Revenge of the Luddites, Part III: Chapter II: Vezeeta strikes back&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/revenge-of-the-luddites-part-iii-chapter-ii-vezeeta-strikes-back\/\">\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\/03\/07\/revenge-of-the-luddites-part-iii-chapter-ii-vezeeta-strikes-back\/&title=Revenge of the Luddites, Part III: Chapter II: Vezeeta strikes back\">\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=Revenge+of+the+Luddites%2C+Part+III%3A+Chapter+II%3A+Vezeeta+strikes+back+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Frevenge-of-the-luddites-part-iii-chapter-ii-vezeeta-strikes-back%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\/03\/07\/revenge-of-the-luddites-part-iii-chapter-ii-vezeeta-strikes-back\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/111.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"560617\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/revenge-of-the-luddites-part-iii-chapter-ii-vezeeta-strikes-back\/111-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/111.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"111.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/111.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/111.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560616\" class=\"content-area-description single-story post-560616 post type-post status-publish format-standard has-post-thumbnail hentry category-dispute-watch tag-dispute-watch tag-e-commerce tag-enterpriseam tag-healthcare tag-law tag-pharma tag-pharmacists-syndicate tag-vezeeta 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>Vezeeta has denied that it has broken the law with its newly-launched <\/strong><strong><a href=\"https:\/\/www.vezeeta.com\/pharmacy\">e-pharmacy<\/a><\/strong> <strong>business<\/strong> after the Pharmacists Syndicate <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6c13734d-4661-4b63-b155-a8fe85858a7c\">last month accused<\/a> the company of illegally selling products online. In <a href=\"https:\/\/ent.news\/2021\/3\/Vezeeta-Media-statement-March-2021-1.pdf\">a statement (pdf)<\/a> issued Thursday, the digital healthcare platform rejected the syndicate\u2019s claims that it sells meds without a pharmacy license, saying that its service is an online store for its own physical pharmacies that are run and supervised by licensed pharmacists. The store is a registered commercial licensed by the General Authority for Investment (GAFI), it added.<\/p>\n<p><strong>What\u2019s the issue here? <\/strong>The syndicate last month filed a complaint with the prosecutor-general\u2019s office claiming that Vezeeta is acting illegally by selling to customers directly online without using licensed, brick and mortar pharmacies. It also claimed the app violates a law that bans advertising meds on social media and television. The syndicate last year reported Vezeeta to the Consumer Protection Authority and the Interior Ministry\u2019s tech crimes department.<\/p>\n<p><strong>Background: <\/strong>This isn\u2019t the first time the Pharmacists\u2019 Syndicate has been on the warpath against modern technology: Ibnsina Pharma <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ebc1d87e-c2e7-4605-bd59-e69813489159\">backed down from its purchase<\/a> of digital pharmacy platform 3elagi last year after the syndicate <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/236d3454-f0d9-477f-9e54-85cc9d06dfd0\">filed a similar complaint<\/a> against 3elagi and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/70200699-99db-4429-9c60-bb8426702b15\">called on syndicate members to boycott<\/a> Ibnsina Pharma.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/dispute-watch\/\">dispute watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/healthcare\/\">healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pharma\/\">pharma<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pharmacists-syndicate\/\">Pharmacists Syndicate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vezeeta\/\">Vezeeta<\/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=\"560618\" 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=\"560618\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/meet-the-folks-wholl-tuck-king-tut-in-at-night\/\">\r\n                            Meet the folks who\u2019ll tuck King Tut in at night                        <\/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\/03\/07\/meet-the-folks-wholl-tuck-king-tut-in-at-night\/\" 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\/03\/07\/meet-the-folks-wholl-tuck-king-tut-in-at-night\/')\">\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\/03\/07\/meet-the-folks-wholl-tuck-king-tut-in-at-night\/\">\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=Meet the folks who\u2019ll tuck King Tut in at night&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/meet-the-folks-wholl-tuck-king-tut-in-at-night\/\">\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\/03\/07\/meet-the-folks-wholl-tuck-king-tut-in-at-night\/&title=Meet the folks who\u2019ll tuck King Tut in at night\">\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=Meet+the+folks+who%E2%80%99ll+tuck+King+Tut+in+at+night+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Fmeet-the-folks-wholl-tuck-king-tut-in-at-night%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\/03\/07\/meet-the-folks-wholl-tuck-king-tut-in-at-night\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/112.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"560619\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/meet-the-folks-wholl-tuck-king-tut-in-at-night\/112-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/112.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"112.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/112.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/112.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560618\" class=\"content-area-description single-story post-560618 post type-post status-publish format-standard has-post-thumbnail hentry category-tourism tag-enterpriseam tag-grand-egyptian-museum tag-hassan-allam-holding tag-hospitality tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>A consortium<\/strong><strong> of local and foreign companies led by <\/strong><strong>Hassan Allam Holding<\/strong><strong> has <\/strong><strong>been awarded management rights for the Grand Egyptian Museum<\/strong> (GEM) in a tender that finally wrapped up last week following over two years of negotiations, <a href=\"https:\/\/bit.ly\/3v0CAhL\">cabinet said<\/a> on Thursday. The statement didn\u2019t disclose which companies would work alongside HAH, but said that the group is made up of several Egyptian, British, French, and Emirati firms. Maj.Gen. Atef Moftah, who is supervising the project, declined to disclose the names of the companies when approached by Enterprise.<\/p>\n<p><strong>Al Kharafi came close to landing the job: <\/strong>The consortium was <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/25\/five-foreign-consortiums-considered-for-gem-management-tender\/\">one of five<\/a> that had been competing in the later stage of the tender, which was then whittled down to three, the other two being a consortium of Orascom Construction and an unnamed French company, and another led by Kuwait\u2019s Al Kharafi, Moftah told us. This was then narrowed down to Hassan Allam and Al Kharafi, he added.<\/p>\n<p><strong>A final contract is expected to be signed in the next 45 days<\/strong>, by which time the government hopes to wrap up the final negotiations and legal procedures, Motfah said. The contract will bring the companies on board to run services at the soon-to-be inaugurated GEM, which Moftah said will include a pre-arrival booking platform for tourists, on-site tours, programs both in GEM and the nearby Pyramids Plateau area, and developing and executing a full-fledged promotion scheme for GEM and ancient Egyptian civilization.<\/p>\n<p><strong>So, when can we go to the GEM? <\/strong>Provided covid is brought under control and vaccination programs run successfully, it should be open to the public in 2H2021, Tourism and Antiquities Minister Khaled El Anany <a href=\"https:\/\/bit.ly\/3l243Lz\">said recently<\/a>. Construction is already at least <a href=\"https:\/\/bit.ly\/3rollVs\">98% complete<\/a>, but an official opening will still need to wait due to the pandemic.<\/p>\n<p><strong>DIVE DEEPER:<\/strong> Check out our two-part Hardhat series on the Giza Pyramids development project: <a href=\"https:\/\/enterprise.press\/hardhats\/giza-pyramids-area-getting-major-makeover-heres\/\">Part I<\/a> | <a href=\"https:\/\/enterprise.press\/hardhats\/giza-pyramids-area-getting-makeover-heres-part-2\/\">Part II<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/grand-egyptian-museum\/\">Grand Egyptian Museum<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hassan-allam-holding\/\">Hassan Allam Holding<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560620\" 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=\"560620\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/560620\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560620\" class=\"content-area-description single-story post-560620 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class='web-image'><a href='https:\/\/www.sodic.com\/'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/Sodic-Karmell2-1600px.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560621\" 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=\"560621\">\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\">Tax<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/el-sisi-ratifies-oecd-dual-taxation-standards\/\">\r\n                            El Sisi ratifies OECD dual taxation standards                        <\/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\/03\/07\/el-sisi-ratifies-oecd-dual-taxation-standards\/\" 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\/03\/07\/el-sisi-ratifies-oecd-dual-taxation-standards\/')\">\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\/03\/07\/el-sisi-ratifies-oecd-dual-taxation-standards\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=El Sisi ratifies OECD dual taxation standards&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/el-sisi-ratifies-oecd-dual-taxation-standards\/\">\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\/03\/07\/el-sisi-ratifies-oecd-dual-taxation-standards\/&title=El Sisi ratifies OECD dual taxation standards\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi+ratifies+OECD+dual+taxation+standards+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Fel-sisi-ratifies-oecd-dual-taxation-standards%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\/03\/07\/el-sisi-ratifies-oecd-dual-taxation-standards\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560621\" class=\"content-area-description single-story post-560621 post type-post status-publish format-standard hentry category-tax tag-abdel-fattah-el-sisi tag-e-commerce tag-enterpriseam tag-oecd tag-tax wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Organization for Economic Cooperation and Development\u2019s (OECD) convention on <\/strong><strong>double taxation is now official in Egypt<\/strong> after President Abdel Fattah El Sisi ratified an agreement Egypt <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/19\/egypt-signs-first-international-anti-tax-evasion-agreement\/\">first signed in<\/a><a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/19\/egypt-signs-first-international-anti-tax-evasion-agreement\/\">2017<\/a> to modify its double taxation treaties with other countries. Tax officials will now begin revising over 30 bilateral agreements the country had signed in the past on double taxation. Egypt is now the 26th country to ratify the treaty, which has so far <a href=\"http:\/\/www.oecd.org\/tax\/treaties\/beps-mli-signatories-and-parties.pdf\">been signed (pdf)<\/a> by a total of 95 nations.<\/p>\n<p><strong>The convention will allow us to grow tax revenue from e-commerce <\/strong>as it will redistribute taxes paid by tech companies such as Facebook and YouTube based on where the income is coming from, Ramy Mohamed, the finance minister\u2019s advisor for international taxation, told Enterprise. As things stand, e-commerce companies with cross-border operations pay taxes only in countries where they\u2019re registered, he said.<\/p>\n<p><strong>We\u2019re not alone in looking for Big Tech to pay its fair share of taxes. <\/strong>France imposed a 3% levy on digital revenues, <a href=\"https:\/\/www.nbcnews.com\/tech\/tech-news\/debate-heats-countries-tax-big-tech-companies-rcna240\">prompting a spat<\/a> with the previous US administration and the Biden administration <a href=\"https:\/\/www.imf.org\/external\/pubs\/ft\/fandd\/2021\/03\/taxing-big-tech-and-the-future-of-digital-services-tax-christie.htm\">insists that this type of levy is unfair double taxation<\/a>. Aid groups are <a href=\"https:\/\/www.dw.com\/en\/africa-mulls-taxing-big-tech\/a-56550570\">pushing emerging economies<\/a> to tax big tech and the debate has <a href=\"https:\/\/www.ft.com\/content\/1af55118-99bf-11ea-871b-edeb99a20c6e\">spilled over into the pages of the Financial Times<\/a> and other bastions of the global business elite.<\/p>\n<p><strong>Speaking of e-commerce tax revenues:<\/strong> The draft E-Commerce Act is currently with the Madbouly Cabinet for review, and is <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/998365f3-19a3-4861-998b-637eefc9b9e2\">expected to make its way<\/a> to the House of Representatives soon. The proposed law would, if passed, provide a clear tax framework for online ads and the sale of goods and services and potentially net new taxes from the operations of tech giants including Google, Netflix, Amazon and Facebook here in Egypt.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oecd\/\">OECD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax\/\">tax<\/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=\"560622\" 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=\"560622\">\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\">Development finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/big-train-a-comin\/\">\r\n                            Big train a-comin\u2019                        <\/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\/03\/07\/big-train-a-comin\/\" 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\/03\/07\/big-train-a-comin\/')\">\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\/03\/07\/big-train-a-comin\/\">\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=Big train a-comin\u2019&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/big-train-a-comin\/\">\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\/03\/07\/big-train-a-comin\/&title=Big train a-comin\u2019\">\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=Big+train+a-comin%E2%80%99+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Fbig-train-a-comin%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\/03\/07\/big-train-a-comin\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/114.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"560623\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/big-train-a-comin\/114-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/114.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"114.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/114.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/114.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560622\" class=\"content-area-description single-story post-560622 post type-post status-publish format-standard has-post-thumbnail hentry category-development-finance tag-development-finance tag-egyptian-national-railways tag-enterpriseam tag-kamel-el-wazir tag-rania-al-mashat tag-transport 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-05\"><\/a> <strong>The safety and quality of service of Egypt\u2019s railways are getting an upgrade with a<\/strong><strong> USD 440 mn loan from the World Bank<\/strong>, which reached an agreement with the International Cooperation Ministry to allocate the funding for the Railway Improvement and Safety for Egypt (RISE) project, according to <a href=\"https:\/\/ent.news\/2021\/3\/Egypt-Railways-PR-eng-final-converted.pdf\">a press release (pdf)<\/a>.<\/p>\n<p><strong>In details:<\/strong> The RISE project is valued at a total USD 681.1 mn, which includes the World Bank\u2019s loan and another USD 241.1 mn the Egyptian National Railways (ENR) will contribute. The World Bank\u2019s financing will help finance signaling modernization and rail track upgrades, with a focus on the Cairo-Beni Suef segment of the rail network. The project will also buttress \u201creforms needed to enhance ENR\u2019s performance and competitiveness,\u201d the statement said. RISE will \u201csupport the momentum for reform and the demand for urban mobility and reliable public transport, integral to achieving the 2030 Sustainable Development Goals,\u201d Minister Rania Al-Mashat said.<\/p>\n<p><strong>Speaking of railways:<\/strong> Phase 1 of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/40d18b27-5b81-4c55-a728-4768f13b5ee9\">Cairo\u2019s USD 4.5 bn mega-monorail project<\/a> \u2014 which runs 45 km to connect East Cairo to the new administrative capital \u2014 is slated for inauguration by the end of May 2022, Transport Minister Kamel El Wazir said at <a href=\"http:\/\/bit.ly\/3ecJtqg\">a site tour<\/a> yesterday. Meanwhile, the second and final phase of the project (extending over 11.5 km) is scheduled to open in February 2023, El Wazir said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/development-finance\/\">development finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-national-railways\/\">Egyptian National Railways<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kamel-el-wazir\/\">Kamel El Wazir<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/rania-al-mashat\/\">Rania Al Mashat<\/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\/world-bank\/\">World Bank<\/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=\"560624\" 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=\"560624\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/not-green-eggs-and-ham-green-_hydrogen_\/\">\r\n                            Not green eggs and ham \u2014 green _hydrogen_                        <\/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\/03\/07\/not-green-eggs-and-ham-green-_hydrogen_\/\" 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\/03\/07\/not-green-eggs-and-ham-green-_hydrogen_\/')\">\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\/03\/07\/not-green-eggs-and-ham-green-_hydrogen_\/\">\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=Not green eggs and ham \u2014 green _hydrogen_&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/not-green-eggs-and-ham-green-_hydrogen_\/\">\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\/03\/07\/not-green-eggs-and-ham-green-_hydrogen_\/&title=Not green eggs and ham \u2014 green _hydrogen_\">\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=Not+green+eggs+and+ham+%E2%80%94+green+_hydrogen_+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Fnot-green-eggs-and-ham-green-_hydrogen_%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\/03\/07\/not-green-eggs-and-ham-green-_hydrogen_\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560624\" class=\"content-area-description single-story post-560624 post type-post status-publish format-standard hentry category-energy tag-belgium tag-climate-change tag-electricity-ministry tag-energy tag-enterpriseam tag-green-hydrogen tag-oil-and-gas tag-oil-ministry tag-social-welfare tag-sustainability tag-tarek-el-molla wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Belgium\u2019s <\/strong><strong><a href=\"https:\/\/www.deme-group.com\/\">DEME Group<\/a><\/strong><strong> will work with Egypt on exploring <\/strong><strong><a href=\"https:\/\/www.abc.net.au\/news\/science\/2021-01-23\/green-hydrogen-renewable-energy-climate-emissions-explainer\/13081872\">green hydrogen<\/a><\/strong> under an MoU with the oil and electricity ministries and the Egyptian navy, cabinet said in <a href=\"https:\/\/bit.ly\/3kNYXlS\">a statement<\/a> on Thursday. The MoU will be followed by studies to look into producing the gas on a trial basis \u201cas a step toward expanding in this field \u2026 [and possibly] exporting,\u201d the statement says. The agreement came following <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/364d2502-d895-40bb-b107-13087807c555\">a meeting<\/a> last month between President Abdel Fattah El Sisi and three CEOs of a Belgium alliance of infrastructure players including DEME, <a href=\"https:\/\/www.fluxys.com\/en\">Fluxys<\/a>, and the company running the Port of Antwerp. Egypt is currently probing green hydrogen, which is produced without burning fossils, as a cleaner energy source to integrate into its energy mix by 2035. Siemens was brought on board <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3a852c99-ab78-4c24-8597-145fae51ea0b\">earlier this year<\/a> for a pilot project.<\/p>\n<p><strong>OTHER ENERGY NEWS-<\/strong> <strong>Public spending on fuel subsidies is continuing to drop<\/strong>, falling 45% in the first half of FY2020-2021 to EGP 8.4 bn from EGP 15.2 bn in the same period last fiscal year, Oil Minister Tarek El Molla told <a href=\"https:\/\/www.reuters.com\/article\/egypt-petroleum-idAFC6N2EC00V\">Reuters<\/a> on Thursday. This puts the government on track to comfortably beat the EGP 28.2 bn spending target this fiscal year. Spending on fuel subsidies <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cebea648-44f4-4769-9c64-352f55716a8d\">fell 77% in FY2019-2020<\/a>, helped in no small part by the collapse in oil prices due to the pandemic.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/belgium\/\">Belgium<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/electricity-ministry\/\">Electricity Ministry<\/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\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-ministry\/\">Oil Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-welfare\/\">social welfare<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tarek-el-molla\/\">Tarek El Molla<\/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=\"560625\" 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=\"560625\">\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\">LEGISLATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/of-tax-breaks-and-loopholes\/\">\r\n                            Of tax breaks and loopholes                        <\/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\/03\/07\/of-tax-breaks-and-loopholes\/\" 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\/03\/07\/of-tax-breaks-and-loopholes\/')\">\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\/03\/07\/of-tax-breaks-and-loopholes\/\">\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=Of tax breaks and loopholes&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/of-tax-breaks-and-loopholes\/\">\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\/03\/07\/of-tax-breaks-and-loopholes\/&title=Of tax breaks and loopholes\">\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=Of+tax+breaks+and+loopholes+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Fof-tax-breaks-and-loopholes%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\/03\/07\/of-tax-breaks-and-loopholes\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560625\" class=\"content-area-description single-story post-560625 post type-post status-publish format-standard hentry category-legislation-watch tag-abdel-fattah-el-sisi tag-enterpriseam tag-house-of-representatives tag-legislation-watch tag-real-estate tag-real-estate-registry-act tag-tax wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>The loophole that gave tax breaks to state institutions investing in government debt is now officially closed<\/strong> after President Abdel Fattah El Sisi ratified a bill that repealed an income tax exemption on income derived from treasury holdings, <a href=\"http:\/\/bit.ly\/3sUA2zH\">Al Mal<\/a> reports.<\/p>\n<p><strong>Background:<\/strong> The bill, which was <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8cf11036-0d08-41a5-9a54-9abe42477f6a\">proposed by the Finance Ministry<\/a> last year, covers specific state institutions as well as government-owned bodies, in addition to private ins. firms and some civil society groups.<\/p>\n<p><strong>The reworked Real Estate Registry Act won\u2019t go into effect until 30 June 2023 \u2014 and a 2.5% tithe on real estate sales is no longer a prerequisite for utility access<\/strong>, according to a separate presidential decree, according to <a href=\"https:\/\/bit.ly\/3bjuHMz\">Masrawy<\/a>. The tax was provided for by two new <a href=\"https:\/\/manshurat.org\/node\/63715#:~:text=%D9%8A%D8%B9%D9%85%D9%84%20%D9%81%D9%8A%20%D8%B4%D8%A3%D9%86%20%D8%A7%D9%84%D8%B6%D8%B1%D9%8A%D8%A8%D8%A9%20%D8%B9%D9%84%D9%89%20%D8%A7%D9%84%D8%AF%D8%AE%D9%84%20%D8%A8%D8%A3%D8%AD%D9%83%D8%A7%D9%85%20%D8%A7%D9%84%D9%82%D8%A7%D9%86%D9%88%D9%86%20%D8%A7%D9%84%D9%85%D8%B1%D8%A7%D9%81%D9%82.&text=%D9%88%D8%AA%D8%B8%D9%84%20%D8%A7%D9%84%D8%A5%D8%B9%D9%81%D8%A7%D8%A1%D8%A7%D8%AA%20%D8%A7%D9%84%D9%85%D9%82%D8%B1%D8%B1%D8%A9%20%D8%A8%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%AF%20%D8%A7%D9%84%D9%85%D8%B4%D8%A7%D8%B1,%D8%AA%D9%86%D8%AA%D9%87%D9%8A%20%D8%A7%D9%84%D9%85%D8%AF%D8%AF%20%D8%A7%D9%84%D9%85%D8%AD%D8%AF%D8%AF%D8%A9%20%D9%84%D9%87%D8%B0%D9%87%20%D8%A7%D9%84%D8%A5%D8%B9%D9%81%D8%A7%D8%A1%D8%A7%D8%AA.\">contentious clauses<\/a>in the Income Tax Act that would have made access to utilities and infrastructure for new properties contingent on their being officially registered and the 2.5% tax on a real estate asset\u2019s value at sale being paid up.<\/p>\n<p><strong>A refresher:<\/strong> The House of Representatives\u2019 general assembly <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e55cd904-7bf6-44ad-ac07-304a0faafc4e\">signed off<\/a> last week on the suspension of amendments to the Real Estate Registry Act. The votes came one day after El Sisi <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/adbe13a3-c987-4e42-b17b-b7ea7b0b31c4\">issued the decree<\/a> ordering a two-year freeze to allow time for public consultations on the legislation. The law was set to go into effect yesterday, mandating new procedures for property owners to register their properties. The Income Tax Act had separately stipulated in a years-old article that properties must be registered at the Real Estate Registry before getting access to basic utilities. The Madbouly Cabinet is now working on a draft bill that would set the new fees and procedures for real estate registry until the reworked Real Estate Registry Act is prepared.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/house-of-representatives\/\">House of Representatives<\/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\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-registry-act\/\">Real Estate Registry Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax\/\">tax<\/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=\"560626\" 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=\"560626\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/gerd-ultimatum\/\">\r\n                            GERD ultimatum?                        <\/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\/03\/07\/gerd-ultimatum\/\" 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\/03\/07\/gerd-ultimatum\/')\">\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\/03\/07\/gerd-ultimatum\/\">\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=GERD ultimatum?&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/gerd-ultimatum\/\">\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\/03\/07\/gerd-ultimatum\/&title=GERD ultimatum?\">\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=GERD+ultimatum%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Fgerd-ultimatum%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\/03\/07\/gerd-ultimatum\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560626\" class=\"content-area-description single-story post-560626 post type-post status-publish format-standard hentry category-diplomacy tag-abdel-fattah-el-sisi tag-african-union tag-diplomacy tag-enterpriseam tag-ethiopia tag-gerd tag-politics tag-sameh-shoukry tag-sudan 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>Egypt and Sudan have reportedly agreed to set a 15 April deadline to reach a<\/strong><strong> binding agreement with Addis Ababa on the Grand Ethiopian Renaissance Dam <\/strong>(GERD) covering the rules for filling and operating the dam, <a href=\"https:\/\/www.elbalad.news\/4727385\">Al Arabiya<\/a> reports. The decision came during President Abdel Fattah El Sisi\u2019s visit to Khartoum \u2014 his first since the ouster of Omar Al Bashir in 2019 \u2014 in which he stressed the importance of returning to the negotiating table before the next flooding season. The president also reiterated the importance of Egypt and Sudan\u2019s coordination over the issue during meetings with the head of Sudan\u2019s Sovereignty Council, Abdel Fattah Al Burhan and Sudanese deputy head of state <a href=\"https:\/\/bit.ly\/3t1VlQd\">Mohamed Hamdan Dagalo<\/a>. <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2AY0HG\">Reuters<\/a> also had the story.<\/p>\n<p><strong>El Sisi isn\u2019t the only one pushing for real negotiations:<\/strong> Egypt is calling for a \u201cserious and effective\u201d negotiation process that is led by the African Union (AU) and engages foreign partners to reach an agreement on the dam before Ethiopia starts its planned second filling in the summer, Foreign Minister Sameh Shoukry told UN Secretary General Ant\u00f3nio Guterres in a phone call on Friday, according to a <a href=\"https:\/\/bit.ly\/3bmI0vR\">statement<\/a>. Two days earlier, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2c45e862-17f2-4973-ae80-448c7c1d3b84\">Ethiopia rejected<\/a> Egypt and Sudan\u2019s calls to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3bdd7711-b2f5-43e2-a21d-402f55f77500\">bring more mediators into the fold<\/a>, saying that doing so could undermine the AU\u2019s efforts to find a resolution to the impasse.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/african-union\/\">African Union<\/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\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/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\/sudan\/\">Sudan<\/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=\"560627\" 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 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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 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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-0rqijt5\" data-v=\"4\" data-block-id=\"0rqijt5\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-0rqijt5-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-0rqijt5-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 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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=\"560628\">\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\/03\/07\/last-nights-talk-shows-on-7-march-2021\/\">\r\n                            Last Night\u2019s Talk Shows on 7 March 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\" 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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/last-nights-talk-shows-on-7-march-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 7 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/last-nights-talk-shows-on-7-march-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\/03\/07\/last-nights-talk-shows-on-7-march-2021\/&title=Last Night\u2019s Talk Shows on 7 March 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+7+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Flast-nights-talk-shows-on-7-march-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\/03\/07\/last-nights-talk-shows-on-7-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560628\" class=\"content-area-description single-story post-560628 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-abdel-fattah-el-sisi tag-enterpriseam tag-ethiopia tag-last-nights-talk-shows tag-sudan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The airwaves followed the press print\u2019s lead last night with wall-to-wall coverage of<\/strong><strong> President Abdel Fattah El Sisi\u2019s visit to Khartoum<\/strong> yesterday (which we cover in the news well, above). Ala Mas\u2019ouleety\u2019s Ahmed Moussa, meanwhile, was particularly concerned with the warm welcome El Sisi received (<a href=\"https:\/\/www.youtube.com\/watch?v=YnRrwi4GNZM\">watch, runtime: 3:40<\/a>).<\/p>\n<p><strong>Egypt and Sudan putting up a united front on the Grand Ethiopian Renaissance Dam (GERD) could change the power balance in the negotiations<\/strong>, as the two countries are coordinating more closely than ever before since the talks over the dam began several years ago, Kelma Akhira\u2019s Lamees El Hadidi said (<a href=\"https:\/\/www.youtube.com\/watch?v=2Q3LMQuVF3s\">watch, runtime: 8:43<\/a>). El Hekaya\u2019s Amr Adib echoed Lamees\u2019 thoughts, saying that our relations with Sudan have improved dramatically since last year (<a href=\"https:\/\/www.youtube.com\/watch?v=Rp0h8Wg-Dfs\">watch, runtime: 3:12<\/a>) and suggested that now is the best time for Egyptian investors to take their business to Sudan (<a href=\"https:\/\/www.youtube.com\/watch?v=RfffV61Q7WA\">watch, runtime: 4:49<\/a>).<\/p>\n<p><strong>Cairo and Khartoum\u2019s main priority going forward is to push for international mediation<\/strong>, Sudanese writer and pundit Shawky Abdel Azim told Lamees (<a href=\"https:\/\/www.youtube.com\/watch?v=f3ommxUzIfA\">watch, runtime: 9:11<\/a>).<\/p>\n<p><strong>El Sisi\u2019s visit is also coming at an important time for Sudan for reasons other than GERD<\/strong>, particularly as it is in a separate stand-off with Ethiopia at their shared border as a result of the Tigray conflict in Ethiopia, Sudanese political commentator Ammar Awad told Masaa DMC\u2019s Eman El Hosary (<a href=\"https:\/\/www.youtube.com\/watch?v=FIbto5LDCyc\">watch, runtime: 10:11<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/last-nights-talk-shows\/\">LAST NIGHT\u2019S TALK SHOWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/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=\"560629\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560630\" 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=\"560630\">\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\/03\/07\/egypt-in-the-news-on-7-march-2021\/\">\r\n                            Egypt in the News on 7 March 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\/03\/07\/egypt-in-the-news-on-7-march-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\/03\/07\/egypt-in-the-news-on-7-march-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\/03\/07\/egypt-in-the-news-on-7-march-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 7 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/egypt-in-the-news-on-7-march-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\/03\/07\/egypt-in-the-news-on-7-march-2021\/&title=Egypt in the News on 7 March 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+7+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Fegypt-in-the-news-on-7-march-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\/03\/07\/egypt-in-the-news-on-7-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560630\" class=\"content-area-description single-story post-560630 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-culture tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Human rights is again leading the conversation on Egypt in the foreign press this<\/strong><strong> morning<\/strong>, ending a quiet week for Egypt. Amnesty International <a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2021\/03\/egypt-end-and-redress-shocking-crimes-against-toddler-and-family-forcibly-disappeared-for-23-months\/\">called on<\/a> the Egyptian government to investigate what it says was the forced disappearance of a family in Alexandria in 2019, <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/22\/egypt-arrests-prominent-palestinian-politicians-son\/\">the Associated Press<\/a> reports. Meanwhile, the wife of <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/22\/egypt-arrests-prominent-palestinian-politicians-son\/\">detained Palestinian-Egyptian activist Ramy Shaath<\/a> urged Egyptian authorities to release her husband in an interview with <a href=\"https:\/\/www.france24.com\/en\/tv-shows\/perspective\/20210304-political-prisoners-in-egypt-c%C3%A9line-lebrun-shaath-calls-for-release-of-her-husband\">France 24<\/a>.<\/p>\n<p><strong>Meanwhile, a decision to require Egyptians and foreigners who are financially capable<\/strong><strong> to pay for their covid-19 vaccines is under fire<\/strong> from a group of medical professionals and activists, who are filing a lawsuit to \u201cchallenge\u201d the fee, according to the <a href=\"https:\/\/www.wsj.com\/articles\/egypt-to-charge-many-residents-for-covid-19-vaccine-11614859201?mod=searchresults_pos2&page=1\">Wall Street Journal<\/a>. Health Minister Hala Zayed <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2aa5c108-4b56-49e2-9e92-5e92dc0ad485\">has said<\/a> that the government will cover the cost of the jabs for those on welfare programs and others who prove they can\u2019t afford the USD 12 fee. The 40 mn doses distributed via Covax will not be subject to fees, Cabinet spokesperson Nader Saad told the newspaper.<\/p>\n<p><strong>Also making headlines: <\/strong><\/p>\n<ul>\n<li><strong>Book review:<\/strong> Raphael McCormack\u2019s \u201cMidnight in Cairo\u201d explores the \u201cvibrant film, theater, music and cabaret scene\u201d of 1920s Cairo, and tells the stories of female performers such as Mounira El Mahdeya and Rose Al Youssef who would soon be forgotten after the 1952 revolution. (<a href=\"https:\/\/www.wsj.com\/articles\/midnight-in-cairo-review-queens-of-jazz-age-egypt-11614957393?mod=searchresults_pos1&page=1\">Wall Street Journal<\/a>)<\/li>\n<li><strong>Egypt\u2019s \u201cScorpion King\u201d:<\/strong> Scorpion venom is being produced in a laboratory, named \u201cScorpion Kingdom,\u201d in Egypt\u2019s Western Desert and is sold at USD 7.55k per gram \u2013 which is equivalent to venom of 3,000-3,500 scorpions. (<a href=\"https:\/\/www.arabnews.com\/node\/1819721\/business-economy\">AFP<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/culture\/\">culture<\/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=\"560631\" 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=\"560631\">\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\/03\/07\/also-on-our-radar-on-7-march-2021\/\">\r\n                            Also on our radar on 7 March 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\/03\/07\/also-on-our-radar-on-7-march-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\/03\/07\/also-on-our-radar-on-7-march-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\/03\/07\/also-on-our-radar-on-7-march-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 7 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/also-on-our-radar-on-7-march-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\/03\/07\/also-on-our-radar-on-7-march-2021\/&title=Also on our radar on 7 March 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+7+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Falso-on-our-radar-on-7-march-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\/03\/07\/also-on-our-radar-on-7-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560631\" class=\"content-area-description single-story post-560631 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-corruption tag-enterpriseam tag-judiciary tag-lithuania tag-smes tag-transport wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>A consortium of El Didi Group and Gama Construction is <\/strong><strong><a href=\"http:\/\/bit.ly\/3kV8ibI\">mulling<\/a><\/strong><strong> setting up a <\/strong><strong>15-acre dry port in Damietta<\/strong>, near the Damietta Port, in cooperation with the Holding Company for Maritime and Land Transport. Earlier <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6608cf0b-bf41-4576-927e-9f3c54fa4c64\">press reports<\/a> had suggested a consortium of three state-owned entities expressed interest in building the dry port, which was expected to cost USD 200 mn.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>The first flights from <\/strong><strong><a href=\"https:\/\/bit.ly\/3c6l1Eg\">Lithuania<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/bit.ly\/3uYLkVz\">Moldova<\/a><\/strong> after a pandemic-induced hiatus landed at Hurghada International Airport over the weekend.<\/li>\n<li>Lebanon has <a href=\"https:\/\/almalnews.com\/%D9%84%D8%A8%D9%86%D8%A7%D9%86-%D9%8A%D8%B4%D8%AA%D8%B1%D8%B7-%D8%AD%D8%B5%D9%88%D9%84-%D8%A7%D9%84%D9%85%D8%B5%D8%AF%D8%B1%D9%8A%D9%86-%D8%B9%D9%84%D9%89-%D8%A5%D8%B0%D9%86-%D8%A7%D8%B3%D8%AA%D9%8A\/\">signed off<\/a> on <strong>resuming imports of Egyptian potatoes<\/strong>, on the condition that exporters issue permits from Lebanese authorities.<\/li>\n<li>The Court of Cassation <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/405347\/Egypt\/Politics-\/Egypt-court-upholds-year-prison-sentence-for-Mubar.aspx\">has upheld<\/a> Mubarak-era Information Minister <strong>Anas El Fekky\u2019s<\/strong><strong> three-year prison sentence<\/strong> for pre-revolution corruption charges.<\/li>\n<li><strong>Memaar Almorshedy<\/strong> is <a href=\"http:\/\/bit.ly\/3t0shZl\">looking to secure<\/a> <strong>EGP 1 bn in financing<\/strong> to back two developments, one on the North Coast and the other in East Cairo.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/corruption\/\">Corruption<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/judiciary\/\">judiciary<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/lithuania\/\">Lithuania<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560632\" 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=\"560632\">\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\/03\/07\/what-the-markets-are-doing-on-7-march-2021\/\">\r\n                            What the markets are doing on 7 March 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\/03\/07\/what-the-markets-are-doing-on-7-march-2021\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The Nasdaq has lost USD 1.6 tn in market value over the past three weeks following its heaviest sell-off since October, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-05\/tech-stocks-lose-1-6-trillion-in-worst-streak-since-september?sref=mmeFTDW1\">Bloomberg<\/a>. Despite inching up 1.6% on Friday, the tech-heavy equities gauge closed the week 1.9% lower, leaving it down <a href=\"https:\/\/www.reuters.com\/article\/us-usa-stocks\/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">nearly 10%<\/a> from a February peak, though with valuations still well above the five-year average.<\/p><p><strong>Tesla was among the biggest losers: <\/strong>Elon Musk has <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-05\/musk-s-historic-wealth-gains-unravel-with-27-billion-loss?sref=mmeFTDW1\">lost USD 27 bn since Monday<\/a> as the company\u2019s shares tumbled. Musk still retains his spot as the world\u2019s second richest man, but he\u2019s now USD 20 bn below Jeff Bezos after having overtaken the Amazon mogul last week.<\/p><p><strong>Bond sell-off resumes:<\/strong> Bond traders have become increasingly anxious about the combined threat of inflation and an earlier-than-expected rate hike in past weeks, leading to a large sell off and spiking yields which is increasingly being felt in the equity markets. After a pause early in the week, the sell-off resumed after Fed Chairman Jerome Powell <a href=\"https:\/\/www.marketwatch.com\/story\/u-s-treasury-yields-edge-lower-as-powell-speech-draws-focus-11614863892\">failed to reassure investors<\/a> that the bank would step in should yields continue to rise. The 10-year note closed at 1.547% on Thursday, its highest closing level since February 2020.<\/p><p><strong>Emerging markets are increasingly being caught in the cross-fire:<\/strong> Emerging markets saw daily outflows for the first time since October last week as fears of rising rates cause investors to pull back from risk assets. A tracker run by the Institute for International Finance using data from 30 EMs showed that investors pulled USD 290 mn each day last week, compared to USD 323 mn of net inflows in February, <a href=\"https:\/\/www.ft.com\/content\/41283847-30e4-49ef-82a0-9cd4dfca1c12\">the Financial Times<\/a> says.<\/p><p><strong>IIF calls the <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/15dfd0a7-91a0-44c1-8303-adefafb2d22b\">Taper Tantrum 2.0<\/a><\/strong><strong>: <\/strong>\u201cFlows have turned negative and that\u2019s really a surprise, as we were still early on in the rebound from a cataclysmic 2020,\u201d said Robin Brooks, the IIF\u2019s chief economist. \u201cThe honeymoon that began after positive vaccine headlines in November is unfortunately over. We are in a repeat of the 2013 taper tantrum.\u201d<\/p><p><strong>Oil spiked after OPEC+ votes to maintain supply curbs:<\/strong> Oil prices rose more than 5% on Thursday after the OPEC+ alliance of oil producers went against expectations and decided to maintain current curbs on supply. OPEC said in <a href=\"https:\/\/www.opec.org\/opec_web\/en\/press_room\/6375.htm\">a statement<\/a> that it would keep output at current levels through April, though Russia and Kazakhstan were allowed to increase the production by a small amount. Saudi Arabia will extend its 1 mn barrels per day voluntary production cut into April.<\/p><p><strong>This caused prices to hit a near-two-year high:<\/strong> Brent futures climbed USD 2.68 to USD 66.73 per barrel and US crude rose USD 2.55 to USD 63.83 a barrel, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-03\/oil-market-counts-down-to-critical-opec-meet-with-wti-near-61?sref=mmeFTDW1\">Bloomberg<\/a>.<\/p><div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table table-striped markets-table\">\n<tbody>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>11,334<\/p>\n<\/td>\n<td>\n<p>-0.5% (YTD: +4.5%)<\/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>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.63<\/p>\n<\/td>\n<td>\n<p>Sell 15.73<\/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>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.63<\/p>\n<\/td>\n<td>\n<p>Sell 15.73<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>9,242<\/p>\n<\/td>\n<td>\n<p>-0.7% (YTD: +6.4%)<\/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>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>5,693<\/p>\n<\/td>\n<td>\n<p>-0.1% (YTD: +12.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,569<\/p>\n<\/td>\n<td>\n<p>-0.8% (YTD: +3.1%)<\/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>3,842<\/p>\n<\/td>\n<td>\n<p>+2.0% (YTD: +2.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>6,631<\/p>\n<\/td>\n<td>\n<p>-0.3% (YTD: +2.6%)<\/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 69.36<\/p>\n<\/td>\n<td>\n<p>+3.9%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.70<\/p>\n<\/td>\n<td>\n<p>-1.6%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,698.50<\/p>\n<\/td>\n<td>\n<p>-0.1%<\/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>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 49,347.27<\/p>\n<\/td>\n<td>\n<p>+1.8%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><p><strong>The EGX30 fell 0.5% on Thursday<\/strong> on turnover of EGP 1.16 bn (21.1% above the 90-day average). Local investors were net buyers. The index is up 4.5% YTD.<\/p><p><strong>In the green: <\/strong>GB Auto (+2.9%), Orascom Investment (+2.7%) and Orascom Development (+2.1%).<\/p><p><strong>In the red: <\/strong>Sidi Kerir (-2.3%), Qalaa Holding (-1.5%) and SODIC (-1.5%).<\/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\/financial-markets\/\">Financial Markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kazakhstan\/\">Kazakhstan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nasdaq\/\">Nasdaq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"560633\" 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=\"560633\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/worlds-1st-space-hotel-to-open-before-end-of-decade\/\">\r\n                            World\u2019s 1st space hotel to open before end of decade                        <\/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\/03\/07\/worlds-1st-space-hotel-to-open-before-end-of-decade\/\" 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\/03\/07\/worlds-1st-space-hotel-to-open-before-end-of-decade\/')\">\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\/03\/07\/worlds-1st-space-hotel-to-open-before-end-of-decade\/\">\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=World\u2019s 1st space hotel to open before end of decade&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/worlds-1st-space-hotel-to-open-before-end-of-decade\/\">\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\/03\/07\/worlds-1st-space-hotel-to-open-before-end-of-decade\/&title=World\u2019s 1st space hotel to open before end of decade\">\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=World%E2%80%99s+1st+space+hotel+to+open+before+end+of+decade+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F07%2Fworlds-1st-space-hotel-to-open-before-end-of-decade%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\/03\/07\/worlds-1st-space-hotel-to-open-before-end-of-decade\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/115.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"560634\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/worlds-1st-space-hotel-to-open-before-end-of-decade\/115-jpg-17\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/115.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"115.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/115.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/115.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560633\" class=\"content-area-description single-story post-560633 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam tag-film tag-on-your-way-out tag-space wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The world will have its first space hotel, Voyager Station, by 2027.<\/strong> According to <a href=\"https:\/\/www.washingtonpost.com\/travel\/2021\/03\/03\/space-hotel-orbital-assembly\/\">the Washington Post<\/a>, Orbital Assembly Corporation will start construction work on the project in 2026 instead of the previously set 2025 thanks to covid-19 disruptions. A half-a-week stay at the hotel orbiting the Earth will set you back USD 5 mn. Travel to and from the hotel will be handled by SpaceX while the rotation of the wheel-shaped craft <a href=\"https:\/\/interestingengineering.com\/nasa-stars-orbital-space-hotel-artificial-gravity\">will produce gravity<\/a> for the inhabitants.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/film\/\">film<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/space\/\">space<\/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=\"560635\" 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\/03\/07\/your-essential-business-calendar-on-7-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560635\" class=\"content-area-description single-story post-560635 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>March: Potential visit to Cairo by Russian President Vladimir Putin.<\/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>11-12 March (Thursday-Friday): Sudan\u2019s Prime Minister Abdalla Hamdok will arrive for a two-day visit to follow up on GERD talks.<\/p>\n<p>11-13 March (Thursday-Saturday): <a href=\"https:\/\/www.cairofashiontex.com\/\">Cairo Fashion & Tex<\/a> trade show, Cairo International Convention Centre, Cairo, Egypt<\/p>\n<p>11-14 March (Thursday-Sunday): First edition of Afaq Real Estate Expo, Tolip El Galaa Hotel, Cairo, Egypt.<\/p>\n<p>11-15 March (Thursday - Monday): Al Bazaar fair for handicrafts and house decors, Cairo International Conference Centre, Cairo, Egypt.<\/p>\n<p>11-20 March (Thursday-Saturday): Photopia\u2019s <a href=\"http:\/\/bit.ly\/3qeZi2a\">Cairo Photo Week 2021<\/a> will take place with this year\u2019s theme being Depth OFF Field.<\/p>\n<p>18 March (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>23 March (Tuesday): The second edition of the <a href=\"https:\/\/tinyurl.com\/vf98kbgf\">Egypt Retail Summit<\/a> takes place at the Nile Ritz Carlton hotel.<\/p>\n<p>25-27 March (Thursday-Saturday): <a href=\"https:\/\/www.therealgate.com\/visit\/register-your-interest-to-visit\/\">The Real Gate real estate exhibition<\/a>, Egyptian International Exhibition Center, Cairo.<\/p>\n<p>29-30 March (Monday-Tuesday): <a href=\"https:\/\/arab-exchanges.org\/conference\/\">Arab Federation of Exchanges Annual Conference<\/a> 2021.<\/p>\n<p>31 March (Wednesday): Deadline to visit the moroor and get an RFID sticker affixed to your car\u2019s windshield \u2014 or run afoul of the Traffic Police.<\/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>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>7 June-9 June (Monday-Wednesday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, New Cairo, Egypt.<\/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>1-12 November (Monday-Friday): <a href=\"https:\/\/ukcop26.org\/\">2021 United Nations Climate Change Conference<\/a> (COP26), Glasgow, United Kingdom.<\/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\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":560611,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-560610","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a2776655-d404-4bae-9ed3-426a0dd5f8ba","teaser":"","photo_url":"https:\/\/ent.news\/2021\/3\/108.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Vaccine rollouts + Revenge of the Luddites, Part III, Chapter II - 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\/vaccine-rollouts-revenge-of-the-luddites-part-iii-chapter-ii\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vaccine rollouts + Revenge of the Luddites, Part III, Chapter II\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/vaccine-rollouts-revenge-of-the-luddites-part-iii-chapter-ii\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T02:58:17+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/108.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/vaccine-rollouts-revenge-of-the-luddites-part-iii-chapter-ii\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/vaccine-rollouts-revenge-of-the-luddites-part-iii-chapter-ii\/\",\"name\":\"Vaccine rollouts + Revenge of the Luddites, Part III, Chapter II - 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