{"id":560748,"date":"2021-03-11T04:07:22","date_gmt":"2021-03-11T04:07:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=560748"},"modified":"2025-12-16T03:01:41","modified_gmt":"2025-12-16T03:01:41","slug":"we-have-enough-vaccines-to-inoculate-everyone-who-registered-with-the-health-ministry-and-more-on-the-way","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/we-have-enough-vaccines-to-inoculate-everyone-who-registered-with-the-health-ministry-and-more-on-the-way\/","title":{"rendered":"We have enough vaccines to inoculate everyone who registered with the Health Ministry \u2014 and more on the way"},"content":{"rendered":"<section id=\"560750\" 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=\"560750\">\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\/11\/what-were-tracking-on-11-march-2021\/\">\r\n                            What we\u2019re tracking on 11 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\/11\/what-were-tracking-on-11-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\/11\/what-were-tracking-on-11-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\/11\/what-were-tracking-on-11-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 11 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/what-were-tracking-on-11-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\/11\/what-were-tracking-on-11-march-2021\/&title=What we\u2019re tracking on 11 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+11+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F11%2Fwhat-were-tracking-on-11-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\/11\/what-were-tracking-on-11-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560750\" class=\"content-area-description single-story post-560750 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good morning, friends. We\u2019ve nearly made it through another workweek together. <\/strong>As always, thank you all very much for starting your workdays with us.<\/p>\n<p><strong>THE BIG STORY here at home as we slide into the weekend:<\/strong> The government\u2019s <strong>covid-19 vaccine program is on track<\/strong>, cabinet officials say, and we have <strong>even more M&A news <\/strong>as a unit of Hassan Allam Holding eyes a transaction in the transportation industry.<\/p>\n<p><strong>THE BIG STORY ABROAD<\/strong> is the US House of Representatives signing off yesterday on the Biden administration\u2019s USD 1.9 tn covid stimulus bill \u2014 the largest in US history \u2014 which will see most American households receiving USD 1,400 stimulus payments. The bill, which was initially met with resistance from Republicans, is being touted as President Joe Biden\u2019s \u201cfirst major victory in office.\u201d <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-usa-congress\/bidens-1-9-trillion-covid-19-bill-wins-final-approval-in-house-idUSKBN2B215E\">Reuters<\/a>, the <a href=\"https:\/\/www.nytimes.com\/live\/2021\/03\/10\/us\/joe-biden-news\/\">New York Times<\/a>, and the <a href=\"https:\/\/www.wsj.com\/articles\/house-set-to-approve-covid-19-relief-bill-11615372203?mod=hp_lead_pos1\">Wall Street Journal<\/a> have more.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>*** CATCH UP QUICK<\/strong> from yesterday\u2019s edition of EnterprisePM:<\/p>\n<ul>\n<li><strong>How are rising US treasury yields affecting the EGP as well as Egyptian stocks and bonds?<\/strong> Our lucrative carry trade could come under pressure if US bonds grow in attractiveness, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1c6fb4fa-12c9-45d0-b904-242cb9d1c66d\">analysts told us<\/a>.<\/li>\n<li><strong>Inflation <\/strong><strong>edged<\/strong><strong> up to 4.5% in February<\/strong> from 4.3% the month before, thanks to rising housing, utility, and tobacco costs, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2ad47058-a1df-4f79-a48e-1b39c17beb79\">Capmas said<\/a>.<\/li>\n<li><strong>The eight-year Damietta LNG plant saga is officially over<\/strong> after Union Fenosa and the Spanish Egyptian Gas Company <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/784d29e8-b9ab-4b16-bdc4-20b5d110a590\">signed the final settlement agreement<\/a>.<\/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>HAPPENING TODAY-<\/strong><\/p>\n<p><strong>Sudanese Prime Minister Abdalla Hamdok will arrive<\/strong> in Cairo for a two-day visit to follow up on GERD talks.<\/p>\n<p><strong>Oil Minister Tarek El Molla will discuss the government\u2019s strategy to attract investment to <\/strong><strong>Egypt\u2019s mining sector <\/strong>at an event hosted by AmCham today.<\/p>\n<p><strong><a href=\"https:\/\/www.lemarcheexpo.com\/\">Le March\u00e9<\/a><\/strong><strong> opens today.<\/strong> The anchor of the annual expo scene runs through Sunday at the Egypt International Convention Centre, with over 300 local and international brands set to showcase their wares. Full details and digital catalogue on the show\u2019s website.<\/p>\n<p><strong>Our friends at CIB and Vodafone Egypt will receive their <\/strong><strong><a href=\"https:\/\/ent.news\/2021\/3\/EGES-Launch-Invitation.pdf\">Egyptian Gender Equity Seal<\/a><\/strong><strong><a href=\"https:\/\/ent.news\/2021\/3\/EGES-Launch-Invitation.pdf\">certifications<\/a><\/strong><a href=\"https:\/\/ent.news\/2021\/3\/EGES-Launch-Invitation.pdf\">(pdf)<\/a> from the World Bank, the National Council for Women, and the UK Embassy in Egypt. CIB and Vodafone will be the first two recipients of the certification, which is designed for private sector companies.<\/p>\n<p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>The House of Representatives returns from its recess this Sunday, 14 March.<\/strong> On the agenda for the House\u2019s next plenary session:<\/p>\n<ul>\n<li><strong>The Bankruptcy Act<\/strong> which earned committee-level approval <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f0198280-8660-4624-a350-a39d1a2162b1\">in January<\/a>;<\/li>\n<li><strong>A EGP 2 bn overdraft for the FY2020-2021 state budget<\/strong> to help finance measures to prop up the economy and certain sectors amid the fallout from the pandemic, which also got a committee nod <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/40999825-ce0a-4afc-be87-32ef07a345f7\">in January<\/a>.<\/li>\n<\/ul>\n<p><strong>The Marketers League runs this Saturday and Sunday, 13-14 March<\/strong>, at Kundalini Grand Pyramids Hotel in Giza. This year\u2019s theme is <a href=\"https:\/\/beyondthepandemic.marketers-league.com\/\">Beyond the Pandemic<\/a> with panelists and speakers including our friend <strong>Tarek Nour<\/strong> (founder of Tarek Nour Communications), <strong>Ayman Hegazi<\/strong> (CEO of Allianz), <strong>Sherine Zaklama<\/strong> (CEO, Rada Research and Public Relations), and <strong>Walid Hassouna<\/strong> (CEO, EFG Hermes Finance).<\/p>\n<p><strong>Business tech expert and TEDx speaker<\/strong><strong><a href=\"https:\/\/www.patrickschwerdtfeger.com\/\">Patrick Schwerdtfeger<\/a><\/strong> will explain how entrepreneurs, businesses and investors can harness disruptive tech at a webinar hosted by AmCham on Tuesday, 16 March. The two-hour event will see Schwerdtfeger talk block chain, AI and crypto, and discuss how the business community can reposition in a world undergoing rapid technological change. Register for the event <a href=\"https:\/\/www.amcham.org.eg\/events-activities\/events\/online-paid-registration\/1348\">here<\/a>.<\/p>\n<p><strong>Life coach <\/strong><strong><a href=\"https:\/\/arfeenkhan.com\/\">Arfeen Khan<\/a><\/strong><strong> is giving a talk<\/strong> at a virtual AmCham event on <strong>Monday, 15 March<\/strong>.<\/p>\n<p><strong>The Central Bank of Egypt will meet to discuss interest rates<\/strong> on Thursday, 18 March.<\/p>\n<p><strong>The British-Egyptian Business Association (BEBA) will host a virtual conference on how <\/strong><strong>Egyptian and UK firms can work together on sustainable manufacturing projects in Africa<\/strong> in the post-Brexit environment on Tuesday, 23 March. Check out the agenda <a href=\"https:\/\/ent.news\/2021\/3\/uk-egypt-partnership-for-the-promotion-of-sustainable-manufacturing-in-africa_official-programme.pdf\">here (pdf)<\/a>.<\/p>\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<hr class=\"grey-line\">\n<p><strong>CORRECTION-<\/strong> The company named \u201cModon Real Estate Development\u201d to which we referred yesterday in a story on construction in the new administrative capital is not the Modon Developments SAE owned by the Lotfy Soliman family, but a separate and unrelated company. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ea623a3f-f071-48fe-8abb-d22bc3c2ddcc\">The story has since been updated on our website<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560751\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"560751\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/560751\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560751\" class=\"content-area-description single-story post-560751 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class='web-image'><a href='https:\/\/somabay.com\/'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/SOMA-ENTERPRISE-JETTY-1600px.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560752\" 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=\"560752\">\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\/11\/our-gavi-vaccines-are-en-route\/\">\r\n                            Our Gavi vaccines are en route                        <\/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\/11\/our-gavi-vaccines-are-en-route\/\" 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\/11\/our-gavi-vaccines-are-en-route\/')\">\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\/11\/our-gavi-vaccines-are-en-route\/\">\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=Our Gavi vaccines are en route&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/our-gavi-vaccines-are-en-route\/\">\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\/11\/our-gavi-vaccines-are-en-route\/&title=Our Gavi vaccines are en route\">\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=Our+Gavi+vaccines+are+en+route+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F11%2Four-gavi-vaccines-are-en-route%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\/11\/our-gavi-vaccines-are-en-route\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560752\" class=\"content-area-description single-story post-560752 post type-post status-publish format-standard hentry category-covid-watch tag-covid-19 tag-enterpriseam tag-pfizer tag-vaccines wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Procedures to get Egypt\u2019s first batch of the 8.6 mn <\/strong><strong>doses of the AstraZeneca vaccine from the WHO\u2019s Gavi \/ Covax program <\/strong><strong>are <\/strong><strong>underway<\/strong>, Health Minister Hala Zayed <a href=\"https:\/\/bit.ly\/30IPJOJ\">said yesterday<\/a>. The first shipment was originally scheduled to arrive <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7993284d-5d97-44ac-b6cd-079ae282dc38\">at the beginning of this month<\/a>, but this appears to have been delayed, with presidential health advisor Mohamed Awad Tag Eldin saying <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5188cde9-ddae-4cf1-87b4-c1b969ae8056\">earlier this week<\/a> the shipment is coming within a few weeks. Citizens and diplomats, foreign residents, and refugees suffering from chronic conditions and \/ or above the age of 65 are currently being vaccinated.<\/p>\n<p><strong>The first shipment will have 4 mn doses of the vaccine<\/strong>, with the other batch of 4.6 mn doses coming in the next few weeks, cabinet spokesperson Nader Saad told Ala Mas\u2019ouleety\u2019s Ahmed Moussa yesterday.<\/p>\n<p><strong>Egypt currently has enough vaccine doses on hand to inoculate all 250k individuals who <\/strong><strong>have registered for the jab<\/strong>, Saad said, and the Gavi shipment will allow the Health Ministry to expand the vaccination program beyond the current eligibility criteria (<a href=\"https:\/\/www.youtube.com\/watch?v=1smz_KJ4zCk\">watch, runtime: 32:30<\/a>).<\/p>\n<p><strong>** You can register to get a jab <\/strong><strong><a href=\"https:\/\/bit.ly\/3erAYYs\">here<\/a><\/strong> on the Health Ministry\u2019s website (Arabic and English).<\/p>\n<p><strong>Vaccination certificates will be issued starting next week<\/strong> to folks who have taken both of their required doses, Zayed said in <a href=\"https:\/\/bit.ly\/3bzxMID\">a separate statement<\/a> yesterday. The certificates will be available in Arabic and English via the ministry\u2019s vaccine registration <a href=\"https:\/\/bit.ly\/3res2ZT\">website<\/a>. Those who carry vaccination certificates are exempt from quarantine requirements in many foreign jurisdictions, so the ministry recommends having your certificate on hand before traveling.<\/p>\n<p><strong>The Health Ministry<\/strong> <strong><a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/331860001697952?_rdc=1&_rdr\">reported<\/a><\/strong><strong> 6<\/strong><strong>45 new covid-19 infections yesterday<\/strong>, up from 622 the day before. The ministry also reported 46 new deaths, bringing the country\u2019s total death toll to 11,128. Egypt has now disclosed a total of 188,361 confirmed cases of covid-19.<\/p>\n<p><strong>Rich countries are pushing back against a concerted move by some 80 emerging nations <\/strong><strong>who want to ensure equitable access to vaccines <\/strong>by waiving global patent rules. The United States, United Kingdom, European Union and Switzerland are <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-wto\/rich-poor-nations-lock-horns-over-bid-to-waive-covid-vaccine-patents-idUSKBN2B21V9\">united in opposition<\/a> to a push led by India and South Africa to allow vaccine makers around the world to start cranking out jabs by sidestepping patent rights governed by the World Trade Organization. The best Western leaders can do as they over-order vaccines to cover their own people? \u201cWe\u2019re going to start off and ensure Americans are taken care of first \u2026 If we have a surplus, we\u2019re going to share it with the rest of the world,\u201d US President Joe Biden <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-biden-surplus\/biden-says-americans-will-be-first-to-get-vaccines-any-surplus-to-be-shared-idUSKBN2B22OY\">said yesterday<\/a>.<\/p>\n<p><strong>But it\u2019s complicated<\/strong>, as both the right-wing <a href=\"https:\/\/www.cato.org\/free-trade-bulletin\/unnecessary-proposal-wto-waiver-intellectual-property-rights-covid-19-vaccines#balancing-ip-rights-access-medicines-not-new-wto\">Cato Institute<\/a> and the more left-leaning <a href=\"https:\/\/theconversation.com\/intellectual-property-and-covid-19-medicines-why-a-wto-waiver-may-not-be-enough-155920\">Conversation<\/a> both suggest.<\/p>\n<p><strong>Pfizer and BioNTech could have the capacity to produce up to 3 bn doses of their <\/strong><strong>covid-19 vaccine next year<\/strong>, BioNTech\u2019s CEO Ugur Sahin told <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-09\/biontech-pfizer-could-have-capacity-for-3-billion-doses-in-2022?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a>. The company is already contracted to produce 2 bn doses this year, and an increase in production next year would depend on demand, as well as the resistance of mutant strains to existing vaccines, Sahin 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\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pfizer\/\">Pfizer<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vaccines\/\">vaccines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560753\" 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=\"560753\">\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\">Cabinet watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/good-news-for-economic-growth-in-the-second-quarter-of-fy2020-2021\/\">\r\n                            Good news for economic growth in the second quarter of FY2020-2021                        <\/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\/11\/good-news-for-economic-growth-in-the-second-quarter-of-fy2020-2021\/\" 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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Manufacturing and Suez Canal revenues \u2014 which had slumped thanks to the pandemic \u2014 also contracted more slowly than at the height of the pandemic in 1Q2020-2021, El Said said.<\/p>\n<p><strong>Growth during the first half of the fiscal year clocked in at 1.35%<\/strong>, a significant y-o-y drop from the pre-covid 5.6% growth rate recorded in 1H2019-2020, the minister said.<\/p>\n<p><strong>Logistics, agriculture, education, and healthcare continued to lead the rebound<\/strong>, achieving positive growth between July 2020 and January 2021, El Said noted. Growth rates in these sectors accelerated y-o-y after the government eased covid-19 restrictions in July, she said <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/25d427c0-fd9e-4e70-a4c2-e17a64361390\">late last year<\/a>.<\/p>\n<p><strong>The economy is expected to grow 2.8% this quarter<\/strong>, which wraps on 31 March, and 5.3% in the final quarter of the fiscal year ending 30 June, according to El Said.<\/p>\n<p><strong>On inflation: <\/strong>The government expects the annual urban headline rate to average between 4.8% and 6.8% this fiscal year, said El Said, while <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2ad47058-a1df-4f79-a48e-1b39c17beb79\">inflation figures<\/a> released by state statistics agency Capmas yesterday showed a slight uptick to 4.5% in February from 4.3% in January.<\/p>\n<p><strong>PICKING UP WHERE WE LEFT OFF- <\/strong><strong>Yesterday\u2019s inflation reading <\/strong>\u2014 despite being below the lower band of the Central Bank of Egypt\u2019s (CBE) 7% (\u00b12%) target range \u2014 isn\u2019t enough to give the CBE\u2019s Monetary Policy Committee room to enact a rate cut before 3Q or 4Q2021, Arqaam Capital analyst Noaman Khalid told Bloomberg Asharq yesterday (<a href=\"https:\/\/now.asharq.com\/program\/19\/%D8%AC%D9%84%D8%B3%D8%A9-%D8%A7%D9%84%D9%85%D8%B3%D8%A7%D8%A1\/1049066\/%D9%87%D9%84-%D9%8A%D8%A8%D9%82%D9%8A-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A-%D8%B9%D9%84%D9%89-%D8%B3%D9%8A%D8%A7%D8%B3%D8%AA%D9%87-%D9%81%D9%8A-%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9%D9%87-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84?t=177.031062\">watch, runtime: 6:22<\/a>). Khalid points to higher oil prices and rising US treasury yields as two factors creating conditions that make a rate cut highly unlikely.<\/p>\n<p><strong>Egypt and other emerging markets \u201cdon\u2019t have the luxury\u201d of going in the opposite<\/strong><strong> direction as US treasury yields, but Egypt\u2019s carry trade seems safe for now<\/strong>, Khalid said Pharos\u2019 Radwa El Swaify is of the same mind, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1c6fb4fa-12c9-45d0-b904-242cb9d1c66d\">telling us yesterday<\/a> that EGP-denominated treasuries offer high returns at lower risk compared to other EMs. Look for the CBE to stick to open market operations as a priority for the next several months, Arqaam said in a research note yesterday.<\/p>\n<p><strong>Don\u2019t expect fuel prices to increase here at home, either:<\/strong> Fuel prices will likely remain unchanged when the government\u2019s fuel pricing committee meets in the next few weeks, Arqaam says. The Finance Ministry is expected to \u201cundershoot the average Brent oil price assumption even if oil prices stay at USD 70\/bbl for the coming four months,\u201d which would tack on another EGP 16-18 bn to our fuel subsidy bill, the note says. Spending on fuel subsidies dropped 45% y-o-y in 1H2020-2021 to EGP 8.2 bn, Oil Minister Tarek El Molla <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e5155a79-3981-4cfc-a4ce-4edb9ab7f2c9\">said recently<\/a>.<\/p>\n<p><strong>Also from cabinet yesterday:<\/strong><\/p>\n<ul>\n<li>Government employees moving to the new administrative capital will be getting <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1876992299145793\">relaxed payment terms<\/a> to purchase homes.<\/li>\n<li>State-owned payments platform e-Finance <a href=\"https:\/\/bit.ly\/3bxePpD\">will provide a facelift<\/a> to a government-run website where car owners can apply for financial support under a government scheme to swap out old cars for newer natural gas or dual fuel vehicles.<\/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\/cabinet-watch\/\">cabinet watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hala-el-said\/\">Hala El Said<\/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=\"560755\" 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=\"560755\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/hassan-allam-utilities-eyes-expansion-into-transport-through-ma\/\">\r\n                            Hassan Allam Utilities eyes expansion into transport through M&#038;A                        <\/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\/11\/hassan-allam-utilities-eyes-expansion-into-transport-through-ma\/\" 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 transaction would see Egytrans acquire a subsidiary of HA Utilities Holding BV.<\/p>\n<p><strong>What are they offering?<\/strong> HAUH estimates Egytrans\u2019 shares to be worth EGP 12-13 apiece, valuing the company at EGP 375-405 mn \u2014 a 20% premium to its six-month weighted average. Hassan Allam Utilities could be worth between EGP 680-800 mn, according to the company\u2019s preliminary fair value estimates.<\/p>\n<p><strong>Egytrans\u2019 board of directors will discuss the offer at a meeting next week<\/strong>, Chairman and CEO Abir Leheta told us, without offering further comment on the potential merger.<\/p>\n<p><strong>Background:<\/strong> HAUH, owned by Hassan Allam Holding and Tanmiya Energy, is an infrastructure development platform focused on conventional power, renewables, and water-related projects. The company <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/24\/hassan-allam-utilities-and-lightsource-bp-form-solar-energy-jv\/\">set up a joint venture firm with BP\u2019s renewables unit<\/a> Lightsource BP in 2018, and <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/11\/hassan-allam-abdul-latif-jameel-form-jv-for-developing-investing-in-water-projects\/\">a water-focused JV with Saudi conglomerate Abdul Latif Jameel<\/a> in 2019, which last year <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7194fd53-7af6-4139-be09-235e01418e07\">acquired Ridgewood Egypt<\/a>, owner of some 60 desalination plants across the country.<\/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\/egytrans\/\">EgyTrans<\/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\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560757\" 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=\"560757\">\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\">Startup watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/fintech-startup-dayra-raises-usd-3-mn-in-pre-seed-funding-round\/\">\r\n                            Fintech startup Dayra raises USD 3 mn in pre-seed funding round                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/fintech-startup-dayra-raises-usd-3-mn-in-pre-seed-funding-round\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/fintech-startup-dayra-raises-usd-3-mn-in-pre-seed-funding-round\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/fintech-startup-dayra-raises-usd-3-mn-in-pre-seed-funding-round\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Fintech startup Dayra raises USD 3 mn in pre-seed funding round&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/fintech-startup-dayra-raises-usd-3-mn-in-pre-seed-funding-round\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/fintech-startup-dayra-raises-usd-3-mn-in-pre-seed-funding-round\/&title=Fintech startup Dayra raises USD 3 mn in pre-seed funding round\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Fintech+startup+Dayra+raises+USD+3+mn+in+pre-seed+funding+round+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F11%2Ffintech-startup-dayra-raises-usd-3-mn-in-pre-seed-funding-round%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/fintech-startup-dayra-raises-usd-3-mn-in-pre-seed-funding-round\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/171.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"560758\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/fintech-startup-dayra-raises-usd-3-mn-in-pre-seed-funding-round\/171-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/171.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"171.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/171.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/171.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560757\" class=\"content-area-description single-story post-560757 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-dayra tag-efg-hermes tag-enterpriseam tag-fintech tag-mena tag-startup-watch tag-uae tag-wamda tag-y-combinator 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>Egyptian fintech startup <\/strong><strong><a href=\"https:\/\/www.dayra.co\/\">Dayra<\/a><\/strong><strong> has closed a USD 3 mn pre-seed funding round <\/strong>that includes both equity and debt financing, according to a company <a href=\"https:\/\/ent.news\/2021\/3\/Dayra-Press-Release-YC-and-Pre-Seed-Announcement.pdf\">press release (pdf)<\/a>. EFG EV Fintech, EFG Hermes, Tanmiya Capital Ventures and a number of angel investors all participated in the round, which closed after the company landed USD 125k from startup accelerator Y Combinator in return for 7% of the company\u2019s stock, <a href=\"https:\/\/www.menabytes.com\/dayra-pre-seed\/\">Menabytes<\/a> reports. The funds raised will be used to double Dayra\u2019s 10-member team and expand its product features.<\/p>\n<p><strong>Dayra provides financial services to underbanked populations: <\/strong>Founded in early 2020 by Omar Ekram, the company provides virtual bank accounts, prepaid cards and loans to unbanked gig workers and micro-businesses through its app, or through API integration into companies\u2019 own apps. With lending as its core service, the startup offers loans of varying terms averaging around USD 500, with repayments received automatically from earnings of the gig worker.<\/p>\n<p><strong>ALSO FROM PLANET STARTUP-<\/strong><\/p>\n<p><strong>Egypt was the region\u2019s fourth-largest destination in MENA for startup funding in <\/strong><strong>February<\/strong> after five firms received a combined USD 11 mn in finance during the month, according to <a href=\"https:\/\/www.wamda.com\/2021\/03\/mena-startups-raised-160-million-february-2021\">a Wamda report<\/a>. Figures show that USD 160 mn flowed into startups across the region last month, with 16 companies in the UAE alone raking in a combined USD 88 mn. Saudi Arabia came in second, with nine companies receiving USD 36 mn, and Bahrain came a distant third, seeing USD 13 mn in inflows.<\/p>\n<p><strong>What\u2019s hot:<\/strong> Foodtech startups received the most funding during the month, with four companies raising USD 36 mn, while fintech was the most crowded, with eight startups receiving USD 18.4 mn. Although at least two UAE startups \u2014 Yellow Door Energy and Starzplay \u2014 raised funds through debt financing, most rounds were at the seed stage. That\u2019s largely in keeping with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0c3b99bc-dc50-48af-9f1b-d9ffbbc8bc71\">last year\u2019s trends<\/a> here in Egypt, where tech startups, including those in the fintech and e-commerce spaces, were the hot sectors for venture capital funding.<\/p>\n<ul>\n<li> <\/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\/dayra\/\">Dayra<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/efg-hermes\/\">EFG Hermes<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fintech\/\">Fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mena\/\">MENA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startup-watch\/\">Startup watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wamda\/\">Wamda<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/y-combinator\/\">Y Combinator<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560759\" 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=\"560759\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/more-natgas-imports-from-israel\/\">\r\n                            More natgas imports from Israel?                        <\/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\/11\/more-natgas-imports-from-israel\/\" 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\/11\/more-natgas-imports-from-israel\/')\">\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\/11\/more-natgas-imports-from-israel\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=More natgas imports from Israel?&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/more-natgas-imports-from-israel\/\">\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\/11\/more-natgas-imports-from-israel\/&title=More natgas imports from Israel?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=More+natgas+imports+from+Israel%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F11%2Fmore-natgas-imports-from-israel%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\/11\/more-natgas-imports-from-israel\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/172.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"560760\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/more-natgas-imports-from-israel\/172-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/172.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"172.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/172.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/172.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560759\" class=\"content-area-description single-story post-560759 post type-post status-publish format-standard has-post-thumbnail hentry category-energy tag-delek-drilling tag-dolphinus-holding tag-energy tag-enterpriseam tag-israel tag-noble-energy tag-oil-and-gas 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>More signs we could see a bump in natgas imports from Israel:<\/strong> Egypt\u2019s rising imports of natural gas from Israel\u2019s Leviathan could help bump up the offshore field\u2019s production and sales this year, CEO of Delek Drilling \u2014 a main operator of Leviathan \u2014 Yossi Abu told <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2B21IV\">Reuters<\/a>. Delek now anticipates exporting 10 bcm of gas from the field this year, after initially penciling in less than 9 bcm of exports, according to Abu. His statements come one day after Israeli Energy Minister Yuval Steinitz<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f00fbc43-ff4f-47eb-a99b-ef0b0db10cec\">told the newswire<\/a> that Egypt could be looking at doubling its natgas imports from Israel thanks to a planned pipeline the two countries agreed to build that will connect Leviathan to the Damietta and Idku liquefaction plants. Egypt imports gas from the Leviathan and Tamar fields under a <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/03\/israel-to-boost-gas-supply-to-egypt-by-34-after-changes-to-landmark-agreement\/\">landmark agreement<\/a> signed by Alaa Arafa\u2019s Dolphinus with Texas-based Noble Energy and Israel\u2019s Delek Drilling.<\/p>\n<p><strong>OTHER ENERGY NEWS-<\/strong> Wintershall Dea signed an agreement to explore the Nile Delta's East Damanhour onshore area with Cheiron and INA, and has received <a href=\"https:\/\/wintershalldea.com\/en\/newsroom\/wintershall-dea-signs-agreement-cheiron-and-ina-joint-exploration-rights-east-damanhour-egypt\">approval<\/a> from Oil Minister Tarek El Molla. Wintershall had initially signed the exploration agreement for the concession in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9676cf8c-dea4-4557-a38c-f140dcdc7aec\">February of last year<\/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\/delek-drilling\/\">Delek Drilling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/dolphinus-holding\/\">Dolphinus Holding<\/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\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/noble-energy\/\">Noble Energy<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560761\" 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=\"560761\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/560761\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560761\" class=\"content-area-description single-story post-560761 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=\"560762\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button 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stk-block-column__content stk-container stk-gyljns5-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-gyljns5-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-uhjoz9z\" data-v=\"4\" data-block-id=\"uhjoz9z\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-uhjoz9z-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-uhjoz9z-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                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   <div class=\"index-number\">7<\/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\/11\/last-nights-talk-shows-on-11-march-2021\/\">\r\n                            Last Night\u2019s Talk Shows on 11 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\/11\/last-nights-talk-shows-on-11-march-2021\/\" target=\"_blank\">\n                    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href=\"https:\/\/api.whatsapp.com\/send?text=Last+Night%E2%80%99s+Talk+Shows+on+11+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F11%2Flast-nights-talk-shows-on-11-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\/11\/last-nights-talk-shows-on-11-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560763\" class=\"content-area-description single-story post-560763 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterpriseam tag-ethiopia tag-gerd tag-last-nights-talk-shows wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The attempted [redacted] assault on a young girl in Maadi earlier this week continued to<\/strong><strong> get airtime<\/strong> on last night\u2019s talk shows.<\/p>\n<p><strong>The Prosecutor General <\/strong><strong><a href=\"http:\/\/bit.ly\/2PSORVt\">ordered<\/a><\/strong><strong> yesterday a man to face trial on charges of assaulting a minor<\/strong>, for which the penalty is 7-15 years in prison. Additional time in prison could also be tacked onto his sentence for luring and forcing [redacted] activity on the child, according to Yahduth fi Misr\u2019s Sherif Amer (<a href=\"https:\/\/www.youtube.com\/watch?v=zBDpW22jNJo\">watch, runtime: 8:11<\/a>). Amer discussed the case and the potential penalties with the girl\u2019s lawyer (<a href=\"https:\/\/www.youtube.com\/watch?v=_qWy9hX6cbg\">watch, runtime: 4:56<\/a>). Ala Mas\u2019ouleety\u2019s Ahmed Moussa also took note of the updates (<a href=\"https:\/\/www.youtube.com\/watch?v=fYbeqPfneCk\">watch, runtime: 1:51<\/a>).<\/p>\n<p><strong>Special attention for GERD:<\/strong> The Grand Ethiopian Renaissance Dam (GERD) negotiations were of particular interest to Moussa, who called on the UN to interfere and mediate a compromise between Egypt, Sudan, and Ethiopia (<a href=\"https:\/\/www.youtube.com\/watch?v=PeB2EbbVLg0\">watch, runtime 9:03<\/a>).<\/p>\n<p><strong>Egypt and Sudan should pursue <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3bdd7711-b2f5-43e2-a21d-402f55f77500\">plans<\/a><\/strong><strong> to set up an international quartet to mediate the negotiation<\/strong>, as Ethiopia has shown it is intentionally stalling talks, former deputy chief of Sudanese Intelligence Hanafi Abdullah told Moussa (<a href=\"https:\/\/www.youtube.com\/watch?v=L_SXz_Rcxf8\">watch, runtime 11:17<\/a>). Addis Ababa appears to be buying time until it concludes the second round of the dam filling, which would have very dangerous consequences for Khartoum and Cairo, former Irrigation Minister Mohamed Nasr Allam told Moussa (<a href=\"https:\/\/www.youtube.com\/watch?v=jBJ4nQ7K42A\">watch, runtime: 18:12<\/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\/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\/last-nights-talk-shows\/\">LAST NIGHT\u2019S TALK SHOWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560764\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560765\" 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=\"560765\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/egypt-in-the-news-on-11-march-2021\/\">\r\n                            Egypt in the News on 11 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\/11\/egypt-in-the-news-on-11-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\/11\/egypt-in-the-news-on-11-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\/11\/egypt-in-the-news-on-11-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 11 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/egypt-in-the-news-on-11-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\/11\/egypt-in-the-news-on-11-march-2021\/&title=Egypt in the News on 11 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+11+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F11%2Fegypt-in-the-news-on-11-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\/11\/egypt-in-the-news-on-11-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560765\" class=\"content-area-description single-story post-560765 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-diplomacy tag-enterpriseam tag-germany tag-personal-status-act tag-qatar tag-turkey wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s a mixed bag of nuts for Egypt in the international press<\/strong>, which isn\u2019t fixating on any one theme. Among the headlines to skim:<\/p>\n<ul>\n<li><strong>First Qatar, now Turkey?<\/strong> The desire to reach a mutually beneficial agreement on East Med maritime borders and other trade interests could encourage Turkey and Egypt to dial back tensions and cooperate more in the region. (<a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2021-03-10\/pragmatism-may-allow-turkey-and-egypt-to-mend-fences?sref=mmeFTDW1\">Bloomberg<\/a>)<\/li>\n<li><strong>Regressive legislation?<\/strong> The draft Personal Status Act is under fire for being patriarchal and undermining women\u2019s rights. (<a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2B22KU\">Reuters<\/a>)<\/li>\n<li><strong>From Egypt With Love:<\/strong> An Egypt-born former employee in the German government\u2019s press office has been convicted of spying for the Egyptian government since 2010 and was handed a 21-month suspended prison sentence. (<a href=\"https:\/\/apnews.com\/article\/state-courts-middle-east-berlin-germany-courts-30f735381123cdac52c407a87820e970\">Associated Press<\/a>)<\/li>\n<li><strong>Hard-hit job market:<\/strong> A cafe worker in Egypt is among those struggling in a global job market buckling under covid-19. (<a href=\"https:\/\/abcnews.go.com\/Travel\/wireStory\/pandemic-left-long-term-scars-global-job-market-76365244\">Associated Press<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/germany\/\">Germany<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/personal-status-act\/\">Personal Status Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560766\" 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=\"560766\">\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\">Also on our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/also-on-our-radar-on-11-march-2021\/\">\r\n                            Also on our radar on 11 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\/11\/also-on-our-radar-on-11-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\/11\/also-on-our-radar-on-11-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\/11\/also-on-our-radar-on-11-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 11 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/also-on-our-radar-on-11-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\/11\/also-on-our-radar-on-11-march-2021\/&title=Also on our radar on 11 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+11+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F11%2Falso-on-our-radar-on-11-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\/11\/also-on-our-radar-on-11-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560766\" class=\"content-area-description single-story post-560766 post type-post status-publish format-standard hentry category-also-on-our-radar tag-agriculture tag-akh-gold tag-also-on-our-radar tag-altus-strategies tag-eastern-desert tag-education tag-egas tag-enterpriseam tag-gold tag-hospitality tag-suez-canal-economic-zone tag-tourism tag-trade tag-wintershall-dea wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-06\" class=\"content-anchor\"><\/a> <strong>Hilton Hotels will open nine new properties in Egypt in the coming five years<\/strong>, adding another 1.7k rooms to its Egypt portfolio, Hilton Hotels Egypt Managing Director Mohab Ghali told <a href=\"https:\/\/www.reuters.com\/article\/egypt-hilton-ia5-idARAKBN2B213K\">Reuter<\/a><a href=\"https:\/\/www.reuters.com\/article\/egypt-hilton-ia5-idARAKBN2B213K\">s<\/a>. This will increase the number of rooms in Egypt by 28%. The international hotelier, which currently operates 14 hotels in the country, will launch its Waldorf Astoria, Hilton Garden Inn and DoubleTree hotel brands by 2026, Ghali told the newswire. Ghali is expecting widespread vaccine distribution and the inauguration of the Grand Egyptian Museum to help tourism pick up in the near future.<\/p>\n<p><strong>Akh Gold<\/strong> has identified a number of gold targets in its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9749041e-f303-49d6-a7ef-4167d3c68224\">recently-awarded Eastern Desert blocks<\/a> which it plans to commence fieldwork on shortly, parent company <strong>Altus Strategies<\/strong> said in <a href=\"https:\/\/www.londonstockexchange.com\/news-article\/ALS\/priority-gold-exploration-targets-defined-in-egypt\/14893982\">a disclosure<\/a> to the London Stock Exchange yesterday.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>Higher education:<\/strong> Mansoura University is ranked among the Top 100 Universities in emerging markets this year in the <a href=\"https:\/\/www.timeshighereducation.com\/student\/best-universities\/best-universities-emerging-economies-top-100\">Times Higher Education Emerging Economies rankings<\/a>. Meanwhile, the government is looking to <a href=\"https:\/\/bit.ly\/3v7oGKV\">establish<\/a><strong> 100 universities by 2030<\/strong>, as part of its plans to <a href=\"https:\/\/enterprise.press\/blackboards\/pick-education-documentaries-education-privatization-quality-accessibility\/\">build<\/a> one in each governorate.<\/li>\n<li><strong>Exports:<\/strong> Exports of Egypt-grown Valencia oranges have risen <a href=\"https:\/\/www.freshplaza.com\/article\/9301436\/90-of-oranges-that-are-shipped-over-next-two-months-will-be-from-egypt\/\">30% y-o-y<\/a> this season after countries like Spain, Morocco and Russia resumed imports of the fruit amid weak international competition.<\/li>\n<li><strong>Imports:<\/strong> The first cargo ship from Sudan to Egypt in five years <a href=\"http:\/\/bit.ly\/3cocWLc\">arrived<\/a> yesterday at South Sinai\u2019s Al-Tor Port carrying some 11.5k heads of livestock.<\/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\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/akh-gold\/\">AKH Gold<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/altus-strategies\/\">Altus Strategies<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eastern-desert\/\">Eastern Desert<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egas\/\">EGAS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gold\/\">gold<\/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\/suez-canal-economic-zone\/\">Suez Canal Economic Zone<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wintershall-dea\/\">Wintershall Dea<\/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=\"560767\" 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=\"560767\">\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\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/what-the-markets-are-doing-on-11-march-2021\/\">\r\n                            What the markets are doing on 11 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 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<\/a>\r\n\r\n                \n<article id=\"post-560767\" class=\"content-area-description single-story post-560767 post type-post status-publish format-standard hentry category-planet-finance tag-china tag-commodities tag-developed-countries tag-em-currencies tag-emerging-markets tag-enterpriseam tag-financial-markets tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_408150\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408151.svg\" alt=\"\" class=\"wp-image-408151\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Resource-based emerging markets usually get a big boost in a commodities <\/strong><strong>supercycle, but it\u2019s a bit more complicated this time around<\/strong>, <a href=\"https:\/\/www.reuters.com\/article\/us-emerging-fx-commodities-graphic\/graphic-commodity-price-surge-leaves-emerging-currencies-adrift-idUSKBN2B21H0\">Reuters<\/a> says. In a supercycle, EM usually find higher demand for their wares, whether that\u2019s agricultural output from Argentina and Egypt, minerals and ores out of Brazil, or metallurgical and other products from Egypt and the GCC. That usually gives a nice boost to EM currencies, but Reuters argues that this time around, the currencies of developed market commodities players such as Australia and Canada are going to outperform their EM competitors.<\/p><p><strong>What gives? <\/strong>EM currencies are under pressure as US treasury yields rise \u2014 and Reuters suggests that \u201ca mix of slower vaccination rollouts, fading growth prospects, rising debt burdens and geopolitical tensions\u201d will continue to put pressure on select EM currencies, muting the bump they get from the supercycle.<\/p><p><strong>How is the commodities boom affecting Egypt?<\/strong> Businesses in the metals and fertilizers industries in Egypt (of which Egypt is a net exporter) stand to gain, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2fb13174-3377-49ef-8300-480e0abee206\">analysts told us last week<\/a>. Muted demand for foodstuffs should keep Egypt shielded from a supercycle-induced rise in inflation, they said.<\/p><p><strong>The news comes as developed countries\u2019 economic recoveries appear to be slowing in <\/strong><strong>March<\/strong>, reversing a boom in market activity in February, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-10\/alternative-data-show-activity-weakening-in-march-chart?sref=mmeFTDW1\">Bloomberg<\/a> economic indicators. The exception is Spain, whose recovery has continued to accelerate.<\/p><p><strong>Chinese stocks have fallen 14% from record highs over the past two weeks<\/strong>, wiping out some USD 1.3 tn and slashing the value of retail holdings, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-09\/china-s-1-trillion-stock-rout-tests-limit-of-state-intervention?sref=mmeFTDW1\">Bloomberg<\/a> reports. Attempts by state-backed funds to quell a Tuesday sell-off by buying shares only briefly steadied markets, reversing a 3.2% drop in China\u2019s benchmark CSI 300 index to a 0.3% gain, before closing at a 2.2% slump at the end of trading. Analysts say state-backed purchases could ramp up to prevent the rut from turning into a full blown selling panic.<\/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>11,236<\/p>\n<\/td>\n<td>\n<p>-0.9% (YTD: +3.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.68<\/p>\n<\/td>\n<td>\n<p>Sell 15.78<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.68<\/p>\n<\/td>\n<td>\n<p>Sell 15.78<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>9,596<\/p>\n<\/td>\n<td>\n<p>+1.3% (YTD: +10.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>5,607<\/p>\n<\/td>\n<td>\n<p>+0.4% (YTD: +11.1%)<\/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>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,547<\/p>\n<\/td>\n<td>\n<p>+0.3% (YTD: +2.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>3,899<\/p>\n<\/td>\n<td>\n<p>+0.6% (YTD: +3.8%)<\/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>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>6,726<\/p>\n<\/td>\n<td>\n<p>-0.1% (YTD: +4.1%)<\/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>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 68.38<\/p>\n<\/td>\n<td>\n<p>+0.7%<\/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 2.68<\/p>\n<\/td>\n<td>\n<p>-0.3%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,727.40<\/p>\n<\/td>\n<td>\n<p>+0.3%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 56,107.99<\/p>\n<\/td>\n<td>\n<p>+3.7%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><p><strong>The EGX30 fell 0.9% yesterday<\/strong> on turnover of EGP 1.5 bn (1.6% above the 90-day average), the second day in a row it has closed in the red. Foreign investors were net sellers. The index is up 3.6% YTD.<\/p><p><strong>In the green: <\/strong>Orascom Investment (+4.9%), CI Capital (+1.3%) and Sidi Kerir (+1.3%).<\/p><p><strong>In the red: <\/strong>Ezz Steel (-2.5%), Fawry (-2.5%) and Heliopolis Housing (-2.1%).<\/p><p><strong>It\u2019s shaping up to be a great day for Asian shares <\/strong>and futures suggest shares in Europe, on Wall Street and in Toronto will all open in the green later today.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/developed-countries\/\">developed countries<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/em-currencies\/\">EM currencies<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-markets\/\">Financial Markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/planet-finance\/\">Planet Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560768\" 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=\"560768\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/around-the-world-on-11-march-2021\/\">\r\n                            Around the world on 11 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\/11\/around-the-world-on-11-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\/11\/around-the-world-on-11-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\/11\/around-the-world-on-11-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=Around the world on 11 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/around-the-world-on-11-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\/11\/around-the-world-on-11-march-2021\/&title=Around the world on 11 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=Around+the+world+on+11+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F11%2Faround-the-world-on-11-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\/11\/around-the-world-on-11-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560768\" class=\"content-area-description single-story post-560768 post type-post status-publish format-standard hentry category-around-the-world tag-abbas-kamel tag-abdel-fattah-el-sisi tag-around-the-world tag-china tag-enterpriseam tag-house-of-representatives tag-libya tag-politics tag-qatar tag-uae tag-us wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Saudi Arabia\u2019s 70-year-old kafala sponsorship labor system will end on 14 March<\/strong>, the Ministry of Human Resources and Social Development said in a <a href=\"https:\/\/twitter.com\/HRSD_SA\/status\/1369234865850363911\">tweet<\/a>. Under the initiative announced <a href=\"https:\/\/enterprise.press\/issues\/2020\/11\/05\/us-election-still-close-call-just-got-second-covid-warning-week\/#what-were-tracking-today\">last November<\/a>, foreign employees will no longer need their work sponsor\u2019s permission to change jobs, travel abroad or leave the country permanently.<\/p>\n<p><strong>The move portends the end of a musical trope. <\/strong>Check out our favourites, including the (accidental?) shtick of <a href=\"https:\/\/www.youtube.com\/watch?v=1baJsEccPZo\">Bait Kafeel<\/a> and the more pungent <a href=\"https:\/\/www.youtube.com\/watch?v=3Edbde0xT-g\">I\u2019m not afraid of my kafeel<\/a>.<\/p>\n<p><strong>Li<\/strong><strong>bya\u2019s parliament approved yesterday its first interim government in years<\/strong>, which will be tasked with overseeing the election of a unified government in December as part of a UN peace plan, <a href=\"https:\/\/www.reuters.com\/article\/idUSL1N2L80OI\">Reuters<\/a> reports. It was the House\u2019s first full session since 2014, in a country that remains deeply divided between forces led by General Khalifa Haftar in the East, and the Government of National Accord. Egypt welcomed the vote of confidence and is looking to cooperate with the interim government during Libya\u2019s transitional phase, the Foreign Ministry said in <a href=\"http:\/\/bit.ly\/30wDS6c\">a statement<\/a>.<\/p>\n<p><strong>Also worth knowing this morning:<\/strong><\/p>\n<ul>\n<li><strong>Qatar has sent its first oil shipment to the UAE since resuming ties with the <\/strong><strong>Arab Quartet<\/strong> earlier this year, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-10\/qatar-ships-first-oil-cargo-to-uae-since-gulf-embargo-ended-km3geyr0?sref=mmeFTDW1\">Bloomberg<\/a> reports. The shipment was purchased by state-owned Emirates National Oil Company (ENOC), and carried 700k of Qatari condensate.<\/li>\n<\/ul>\n<p><strong>WHO\u2019S TALKING- <\/strong><\/p>\n<p><strong>Military and security cooperation between Egypt and France<\/strong> were on the agenda for President Abdel Fattah El Sisi and Director of the French external intelligence agency DGSE Bernard Emi\u00e9, who met in Cairo yesterday along with intelligence chief Abbas Kamel, according to an <a href=\"http:\/\/bit.ly\/3vcxQWp\">Ittihadiya statement<\/a>.<\/p>\n<p><strong>Developments on the Grand Ethiopian Renaissance Dam and Egypt\u2019s ties with the <\/strong><strong>EU<\/strong> were the main talking points for Foreign Minister Sameh Shoukry and the EU\u2019s High Representative for Foreign Affairs Josep Borrell in a phone call yesterday, according to <a href=\"http:\/\/bit.ly\/3cgSiwM\">a statement<\/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\/abbas-kamel\/\">Abbas Kamel<\/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\/around-the-world\/\">Around the World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560769\" 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=\"560769\">\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\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/my-morning-wfh-routine-nour-shawky-ceo-of-softec-technologies\/\">\r\n                            My Morning \/ WFH Routine: Nour Shawky, CEO of Softec Technologies                        <\/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\/11\/my-morning-wfh-routine-nour-shawky-ceo-of-softec-technologies\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Speaking to us this week is Nour Shawky, CEO of Softec Technologies (<a href=\"https:\/\/www.linkedin.com\/in\/nourshawky\">LinkedIn<\/a>). Edited excerpts from our conversation:<\/p>\n<p><strong>My name is Nour Shawky, I'm co-founder and CEO of <\/strong><strong><a href=\"https:\/\/www.softec.ai\/\">Softec Technologies<\/a><\/strong><strong>. <\/strong>With my wife Heba Makhlouf, we have three children: Yusuf, Ismail and Fairuz. My company is specialized in developing command and control software. This means building software solutions for transportation, logistics, last-mile delivery services and public safety organizations. Our products help companies move on the ground by optimizing vehicle routes using AI to reach destinations as fast as possible while reducing costs. We also help keep an eye in real time on how vehicles are doing and if there are any issues with deliveries that need solving.<\/p>\n<p><strong>I oversee the whole process. <\/strong>I\u2019m responsible for business development, local and regional expansion and product development. We currently have 5k customers across the Middle East, Southeast Asia and most recently, Western Europe. Egypt, Saudi Arabia and the UAE are now our biggest markets.<\/p>\n<p><strong>I wake up at 6 am, check my phone and read the day\u2019s news.<\/strong> I quickly scan my emails and WhatsApp messages to see if there's anything that requires urgent care \u2014 which specifically applies to issues that may arise with some of our mission-critical operations clients like ambulances, police and civil defense organizations. I also do a quick review of our customer software consumption and software performance, which is sent directly to my phone. Then it's on to my news intake for the day, which starts with Enterprise.<\/p>\n<p><strong>I\u2019ve picked up a daily exercise routine<\/strong><strong> for the first time in my life<\/strong><strong>.<\/strong> I'm now preparing for a triathlon so I'm training in cycling, swimming and running. My mornings are usually spent running or swimming and the evenings are when I get the chance to cycle. By 9:00 am I\u2019m at the office where I start my day with two power hours while I'm at my most productive in reading and writing. The most enjoyable part of my day is when I get to my weekly sync-up meetings with our different business units. Then it's more meetings and calls until 5:00 or 6:00 pm when I end my day at the office and head home.<\/p>\n<p><strong>Football in the evenings and deep sea fishing <\/strong><strong>when I get the chance.<\/strong> I\u2019m a Zamalek fan and \u2014 like most Egyptians \u2014 a big fan of Liverpool because of Mo Salah, so if there's a match on I\u2019ll usually catch that in the evenings. I enjoy a weekend-long deep sea fishing trip in the Red Sea whenever the opportunity arises. It requires a lot of patience and endurance, so it can be quite meditative. I try to take my kids along with me as much as I can, to get them acquainted with nature. The whole process is as important as the catch itself so I\u2019m going to start releasing more fish.<\/p>\n<p><strong>We were fully WFH for eight months after the first wave of the pandemic hit.<\/strong> We sent everyone home in early March of last year and gradually started going back to the office in October. Then we had another full lockdown during January 2021. We went back to working at 50% capacity four days a week at the start of February. We have around 85 people in our Egypt office, 25 people based in the UAE and 5 people working from Saudi Arabia.<\/p>\n<p><strong>It's important to see the faces behind the screen.<\/strong> For the spirit and morale of our team it's very important to be together. Health and safety come first, but we felt human contact was lacking. Face-to-face interactions are essential for the sake of better brainstorming and innovation.<\/p>\n<p><strong>I was quite pessimistic at the start of the pandemic.<\/strong> The future was looking very uncertain at that time so we decided to implement some aggressive cost cutting measures. Luckily, e-commerce grew substantially during the pandemic which meant more business in the logistics sector and more home deliveries. Companies started investing more in home delivery services which was great for our business. In a matter of three months we were back on track to meeting our targets which allowed us to reverse our cuts. All in all, 2020 was a good year for us and we remain optimistic for 2021.<\/p>\n<p><strong>A lot of people incorrectly use the term AI to describe advanced technologies.<\/strong> There are very technically specific areas that constitute what AI means. Artificial intelligence, to a large extent, has to do with the science of interpreting data, so when it comes to AI it's really important that solutions are designed to serve a very particular purpose for a specific industry. Behind every solution there needs to be knowledge of the industry, or the business, along with technically capable scientists who can design appropriate algorithms.<\/p>\n<p><strong>I\u2019m now listening to <\/strong><strong><a href=\"https:\/\/www.audible.com\/pd\/Moby-Dick-Audiobook\/B0036N9OKA\">Moby Dick by Herman Melville<\/a><\/strong><strong> as an audiobook during my morning drive to the club and the office.<\/strong> <a href=\"https:\/\/www.goodreads.com\/fr\/book\/show\/4898.Blue_Ocean_Strategy\">Blue Ocean Strategy by Ren\u00e9e Mauborgne and W. Chan Kim<\/a> was game-changing for me, as was <a href=\"https:\/\/www.goodreads.com\/book\/show\/12975375-the-advantage\">The Advantage by Patrick Lencioni<\/a>, which is a great book about how to nourish a healthy corporate culture. For IT companies I recommend the book <a href=\"https:\/\/www.goodreads.com\/book\/show\/61329.Crossing_the_Chasm\">Crossing the Chasm by Jeffery Moore<\/a>, which is about successfully launching a product. When the pandemic first broke out I read <a href=\"https:\/\/www.goodreads.com\/book\/show\/11989.The_Plague\">The Plague by Albert Camus<\/a> which, to me, drew interesting parallels between how people reacted to the outbreak of a plague then and now.<\/p>\n<p><strong>I really appreciate this quote taken from Moby Dick:<\/strong> \u201cWhenever I find myself growing grim about the mouth\u2026 then I account it high time to get to sea as soon as I can.\u201d<\/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\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/my-morning-routine\/\">MY MORNING ROUTINE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"560771\" 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=\"560771\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/weve-got-our-sweet-bastet-back\/\">\r\n                            We\u2019ve got our sweet Bastet back                        <\/a>\r\n                    <\/h3>\r\n\r\n         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     <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/weve-got-our-sweet-bastet-back\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/174.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"560772\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/weve-got-our-sweet-bastet-back\/174-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/174.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"174.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/174.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/174.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560771\" class=\"content-area-description single-story post-560771 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-ancient-egypt tag-archaeology tag-canada tag-enterpriseam tag-grand-egyptian-museum tag-on-your-way-out wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt has repatriated a 2,300-year-old cat statue representing the Ancient <\/strong><strong>Egyptian goddess Bastet from Canada<\/strong>, which is believed to have been smuggled illegally, <a href=\"https:\/\/www.ctvnews.ca\/politics\/canada-repatriates-stolen-egyptian-cat-artifact-1.5340609\">CTV News<\/a> reports.The 15-cm bronze statue, which was seized by Canadian border agents last year, is believed to have been among a number of holy offerings Ancient Egyptians left at temples dedicated to Bastet.<\/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\/ancient-egypt\/\">Ancient Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/archaeology\/\">archaeology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/canada\/\">Canada<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/on-your-way-out\/\">ON YOUR WAY OUT<\/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=\"560773\" 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\/11\/your-essential-business-calendar-on-11-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-560773\" class=\"content-area-description single-story post-560773 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>9-11 March (Tuesday-Thursday): EduGate 2021 \u2013 Enter The Future conference, Kempinski Royal Maxim Hotel, Cairo, Egypt.<\/p>\n<p>11 March (Thursday): AmCham event featuring Oil Minister Tarek El Molla.<\/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>13-14 March (Saturday-Sunday): The Marketers League Conference will take place at Kundalini Grand Pyramids Hotel in Giza. This year\u2019s theme is <a href=\"https:\/\/beyondthepandemic.marketers-league.com\/\">Beyond the Pandemic<\/a>.<\/p>\n<p>15 March (Monday): AmCham event featuring life coach Arfeen Khan.<\/p>\n<p>16 March (Tuesday): AmCham webinar featuring business tech expert Patrick Schwerdtfeger. <a href=\"https:\/\/www.amcham.org.eg\/events-activities\/events\/online-paid-registration\/1348\">Non-members can register here<\/a>.<\/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>23 March (Tuesday): The British-Egyptian Business Association (BEBA) virtual conference on sustainable manufacturing in Africa.<\/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>31 March (Wednesday): Income tax deadline for individuals. Real estate tax deadline.<\/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":560749,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-560748","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"566d3db1-64ac-429e-bcc3-b4e3049892c6","teaser":"","photo_url":"https:\/\/ent.news\/2021\/3\/165.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>We have enough vaccines to inoculate everyone who registered with the Health Ministry \u2014 and more on the way - 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\/we-have-enough-vaccines-to-inoculate-everyone-who-registered-with-the-health-ministry-and-more-on-the-way\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We have enough vaccines to inoculate everyone who registered with the Health Ministry \u2014 and more on the way\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/we-have-enough-vaccines-to-inoculate-everyone-who-registered-with-the-health-ministry-and-more-on-the-way\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T03:01:41+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\/165.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\/we-have-enough-vaccines-to-inoculate-everyone-who-registered-with-the-health-ministry-and-more-on-the-way\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/we-have-enough-vaccines-to-inoculate-everyone-who-registered-with-the-health-ministry-and-more-on-the-way\/\",\"name\":\"We have enough vaccines to inoculate everyone who registered with the Health Ministry \u2014 and more on the way - 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