{"id":561140,"date":"2021-03-28T03:54:41","date_gmt":"2021-03-28T03:54:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=561140"},"modified":"2025-12-16T03:11:21","modified_gmt":"2025-12-16T03:11:21","slug":"enterprise-between-the-ever-given-a-train-crash-and-a-building-collapse-it-was-not-a-good-weekend","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/enterprise-between-the-ever-given-a-train-crash-and-a-building-collapse-it-was-not-a-good-weekend\/","title":{"rendered":"Enterprise Between the Ever Given, a train crash and a building collapse, it was not a good weekend"},"content":{"rendered":"<section id=\"561142\" 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=\"561142\">\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\/28\/what-were-tracking-on-28-march-2021\/\">\r\n                            What we\u2019re tracking on 28 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\/28\/what-were-tracking-on-28-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\/28\/what-were-tracking-on-28-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\/28\/what-were-tracking-on-28-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 28 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/what-were-tracking-on-28-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\/28\/what-were-tracking-on-28-march-2021\/&title=What we\u2019re tracking on 28 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+28+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F28%2Fwhat-were-tracking-on-28-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\/28\/what-were-tracking-on-28-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561142\" class=\"content-area-description single-story post-561142 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-abdel-fattah-el-sisi tag-enterpriseam tag-iraq tag-jordan tag-king-abdullah-ii tag-sameh-shoukry tag-sports tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>Good morning, friends. <\/strong>We have a busy news day to start the week as March (and with it the first quarter) rush to a close.<\/p><p><strong>THE BIG STORY AT HOME<\/strong><strong> is probably the fact that there are so many big stories running<\/strong><strong> the news cycle.<\/strong> The Suez Canal \/ <strong>Ever Given<\/strong> saga is still ongoing (but with hope of imminent resolution), while two separate tragedies \u2014 Friday\u2019s <strong>train crash<\/strong> in Sohag and yesterday\u2019s <strong>building collapse<\/strong> in Gesr El Suez \u2014 led to the death and injury of dozens. We have the details on all three stories in the news well, below.<\/p><p><strong>The train crash led Iraq to postpone a planned tripartite summit with Egypt and Jordan<\/strong><strong> that was due to be held in Baghdad at the end of this month<\/strong>, Iraqi PM Mustafa Al-Kadhimi <a href=\"https:\/\/twitter.com\/MAKadhimi\/status\/1375475511049224195\">said<\/a> on Friday. The meeting \u2014 a new date for which has yet to be announced \u2014 was set to bring together Al Kadhimi, President Abdel Fattah El Sisi, and Jordan\u2019s King Abdullah, along with the three countries\u2019 foreign ministers to discuss joint cooperation.<\/p><p>And it looks like Gavi \/ Covax is signalling that <strong>our 5 mn dose of AstraZeneca\u2019s jab could be delayed<\/strong> along with orders placed by plenty of other emerging markets.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>*** CATCH UP QUICK<\/strong> with the top stories from Thursday\u2019s edition of EnterprisePM:<\/p><ul>\n<li><strong>PE outfit Ezdehar is <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0f7f562d-9bfc-4070-93c2-a5efc69146ed\">looking at a first close<\/a><\/strong><strong> for its second fund<\/strong>, worth USD 120 mn, at the end of May.<\/li>\n<li>Real estate player<strong> Edge Holding Urban Development is looking to list on the EGX in 2022<\/strong>.<\/li>\n<\/ul><p><strong>WHAT\u2019S HAPPENING TODAY-<\/strong><\/p><p><strong>Former cabinet minister Ghada Waly speaks at AmCham today at 3pm.<\/strong> Now the executive director of the UN Office on Drugs and Crime, Waly will talk about tackling corruption in African countries and women\u2019s rights. <a href=\"https:\/\/www.amcham.org.eg\/events-activities\/events\/online-registration\/1355\">Tap or click here<\/a> to register for the event (Zoom event, not in person).<\/p><p><strong>Egypt is playing against Comoros tomorrow at 6pm CLT in the 2021 Africa Cup of Nations <\/strong><strong>(Afcon) qualifiers<\/strong> to determine who tops Group G. The Pharaohs ended its Thursday match against Kenya with <a href=\"https:\/\/www.goal.com\/en-ng\/match\/kenya-v-egypt\/report\/dschukevbx4oc9inozw4w5t2i\">a 1-1 draw<\/a>. Afcon will take place in January and February next year in Cameroon.<\/p><div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br>\n        <\/h4>\n<\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/p><\/div>\n<\/div>\n<\/div><p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p><p><strong>Head to Sharm for a startup gathering:<\/strong> Investors, entrepreneurs and policymakers are gathering in Sharm El Sheikh for the <a href=\"https:\/\/ec.aast.edu\/contenttemp.php?page_id=48200111\">Startup Festival<\/a> today and tomorrow. More than 80 startups will participate in the exhibition, which will feature panel discussions and workshops.<\/p><p><strong><a href=\"https:\/\/arab-exchanges.org\/conference\/\">The Arab Federation of Exchanges Annual Conference 2021<\/a><\/strong> is taking place virtually tomorrow and Tuesday. The conference will discuss ESGs for economic growth and capital markets as well as fintech and innovation.<\/p><p><strong>Bok, prijatelji: The Egyptian-Croatian Business Forum meets on Wednesday, 31 March<\/strong>, for the first time since 2010. On the table: Giving a nudge to both trade and investment, a <a href=\"https:\/\/www.facebook.com\/FEDCOCEgypt\/posts\/3856820497742689\">FEDCOC statement<\/a> says. The forum will take place while Croatian Foreign Minister Gordan Grli\u0107-Radman is in town next week. Grli\u0107-Radman and Foreign Minister Sameh Shoukry are expected to attend.<\/p><p><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/king-abdullah-ii\/\">King Abdullah II<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sameh-shoukry\/\">Sameh Shoukry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561143\" 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=\"561143\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/561143\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561143\" class=\"content-area-description single-story post-561143 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\/Somabay-Ready-set-adrenaline-1600px.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n<p>Organized to the highest of international endurance sports standards, you don\u2019t want to miss this year\u2019s event taking place at Somabay on 8-10 April.<\/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=\"561144\" 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=\"561144\">\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\">Suez Canal<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/a-light-at-the-end-of-the-canal\/\">\r\n                            A light at the end of the canal?                        <\/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\/28\/a-light-at-the-end-of-the-canal\/\" 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\/28\/a-light-at-the-end-of-the-canal\/')\">\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\/28\/a-light-at-the-end-of-the-canal\/\">\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=A light at the end of the canal?&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/a-light-at-the-end-of-the-canal\/\">\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\/28\/a-light-at-the-end-of-the-canal\/&title=A light at the end of the canal?\">\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=A+light+at+the+end+of+the+canal%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F28%2Fa-light-at-the-end-of-the-canal%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\/28\/a-light-at-the-end-of-the-canal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/324.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"561145\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/a-light-at-the-end-of-the-canal\/324-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/324.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"324.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/324.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/324.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561144\" class=\"content-area-description single-story post-561144 post type-post status-publish format-standard has-post-thumbnail hentry category-suez-canal tag-commodities tag-enterpriseam tag-ever-given tag-manufacturing tag-suez-canal tag-supply-chain wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>The good news: The Ever Given is starting to <\/strong><strong>budge<\/strong><strong>.<\/strong> Tug boats managed to move the giant vessel 29 meters yesterday, capitalizing on dredgers\u2019 work to clear the sand and mud from the container ship\u2019s propellers and create maneuvering space, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-25\/ship-logjam-doubles-with-little-room-to-maneuver-suez-update-kmp6ycal?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a> reports, citing Inchcape Shipping Services. The ship\u2019s rudder has been freed, as has its propeller, and there is \u201csome movement at the bow of the ship,\u201d <a href=\"https:\/\/www.reuters.com\/article\/uk-egypt-suezcanal-ship-idUSKBN2BJ0C1\">Reuters<\/a> reported, citing an unnamed source.<\/p>\n<p><strong>Don\u2019t expect news of it being \u201cunstuck\u201d before late afternoon: <\/strong>Dredgers will keep up their work until 4pm today, followed by a resumption of refloating operations, according to Bloomberg. SMIT Salvage has confirmed two additional tugs are due to arrive today, the vessel\u2019s technical manager <a href=\"https:\/\/www.bs-shipmanagement.com\/en\/media\/1-media-statement\">Bernhard Schulte Shipmanagement<\/a> said. Tug boats have a better chance of freeing the ship today as tides grow higher, British Royal Navy veteran Tom Sharpe told <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2BI0GZ\">Reuters<\/a> separately. But the boat\u2019s hull could rupture if tugboats pull too hard, since the Ever Given is aground both front and rear, Sharpe added.<\/p>\n<p><strong>The bad news: There are more ships (and costs) piling up:<\/strong> There are now 321 vessels waiting to move through the Canal and it is costing Egypt some USD 14 mn in foregone daily revenues, Suez Canal Authority (SCA) Chairman Osama Rabie said at a presser (<a href=\"https:\/\/www.facebook.com\/SuezCanalAuthorityEG\/videos\/283113886614127\/\">watch, runtime: 60:17<\/a>).<\/p>\n<p><strong>What happened over the weekend:<\/strong> Work to dislodge the ship on Friday was unsuccessful, after the SCA said earlier in the day it had removed <a href=\"https:\/\/www.suezcanal.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/Navigat26-03-2021-2.aspx\">at least 17k cbm of sand<\/a> around the vessel\u2019s bow. Dutch marine response firm SMIT Salvage, which is working to refloat the ship, said a trifecta of heavier tugboats, dredging, and the spring high tide could dislodge it by the start of this week.<\/p>\n<p><strong>How much longer is this going to take?<\/strong> Rabie declined to give a timeline at the presser, pointing to the changing conditions and delicate balance between speeding up the process and maintaining the vessel\u2019s integrity. Former SCA boss and presidential advisor on canal projects Mohab Mamish, on the other hand, suggested to Salat Al Tahrir\u2019s Azza Mostafa there is a high level of confidence the vessel will be un-stuck by the end of the week (<a href=\"https:\/\/www.youtube.com\/watch?v=nXOZ8zp55aQ\">watch, runtime: 7:29<\/a>).<\/p>\n<p><strong>The ship owner is considering transferring cargo: <\/strong>Shoei Kisen could look at offloading some containers to make the vessel lighter, and Mamish told the media floating cranes could be used to aid with this process, Reuters reports. Shoei Kisen, which apologized <a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-56522178\">over the weekend<\/a>, and could face USD mns-worth of <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-27\/insurers-may-be-on-hook-for-millions-tied-to-suez-canal-crisis\">ins. claims<\/a>.<\/p>\n<p><strong>Part of the problem is a lack of correct equipment:<\/strong> The process of dislodging the ship has proven \u201cextremely difficult,\u201d the Japanese owner of the ship said in <a href=\"http:\/\/www.shoei-kisen.com\/shared\/210325.html\">a statement<\/a> Thursday. This is because the SCA doesn\u2019t have the necessary equipment to reach a depth of 52 meters readily available and may need to seek assistance from foreign countries if it had to resort to such a plan, Rabie told Kelma Akhira\u2019s Lamees El Hadidi (<a href=\"https:\/\/www.youtube.com\/watch?v=qvFHVD_KQUo\">watch, runtime: 15:35<\/a>). <strong>The challenge with offloading the containers: There are no cranes in sight big enough <\/strong>to handle offloading, meaning one or more would have to be brought in on a barge.<\/p>\n<p><strong>The US is offering a helping hand <\/strong>and would be able to send over \u201cequipment and capacity that most countries don\u2019t have,\u201d US President Joe Biden <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/speeches-remarks\/2021\/03\/26\/remarks-by-president-biden-after-air-force-one-arrival\/\">said on Friday<\/a>. The SCA was said to have welcomed Biden\u2019s statement, which came after a US official said the navy was awaiting approval from local Egyptian authorities to send over a team of American dredging experts.<\/p>\n<p><strong>\u2026and Turkey says it wants to help: <\/strong>Turkey, which has been <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fd9bd86b-542e-46d6-a545-108fa6ec37d9\">pushing to repair its strained relations with Egypt<\/a> in past months, has offered to dispatch its Nene Hatun salvage vessel, Turkish Transport Minister <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2BI1AJ\">Adil Karaismailoglu said<\/a>.<\/p>\n<p><strong>Nearly two dozen ships have already changed course: <\/strong>The <a href=\"https:\/\/www.marinetraffic.com\/en\/ais\/details\/ships\/shipid:5992293\/mmsi:371829000\/imo:9832729\/vessel:EVER_GREET\">Ever Greet<\/a>, the stranded vessel\u2019s sister ship, has joined LNG tankers as well as <a href=\"https:\/\/www.cma-cgm.com\/news\/3617\/situation-in-suez-canal-update-3\">CMA CGM<\/a> and <a href=\"https:\/\/www.msc.com\/egy\/notices\/2021-march\/suez-canal-blockage-%e2%80%93-update-1\">Mediterranean Shipping Company<\/a> ships in taking the <a href=\"https:\/\/www.cnbc.com\/2021\/03\/27\/suez-canal-cheniere-and-shell-fuel-tankers-change-course-to-avoid-logjam-as-oil-tankers-divert-routes.html\">long way<\/a> around the <a href=\"https:\/\/www.marinetraffic.com\/en\/ais\/home\/centerx:79.8\/centery:5.8\/zoom:9\">Cape of Good Hope<\/a>.<\/p>\n<p><strong>For some large tankers, there may be relief in the form of the Sumed pipeline<\/strong>, with the economics permitting some of them to use the pipeline to ship oil from Ain Sokhna to Alexandria, sources told <a href=\"https:\/\/www.reuters.com\/article\/idUSL1N2LN297\">Reuters<\/a>.<\/p>\n<p><strong>How\u2019s all of this hitting commodities and retail?<\/strong><\/p>\n<ul>\n<li><strong>We\u2019re approaching the danger zone for manufacturers and retailers <\/strong>who rely on <a href=\"https:\/\/www.wsj.com\/articles\/suez-canal-blockage-sends-asian-exporters-scrambling-11616771912?mod=searchresults_pos4&page=1\">just-in-time<\/a> logistics;<\/li>\n<li><strong>Oil prices rallied on Friday<\/strong>, but <a href=\"https:\/\/www.reuters.com\/article\/idUSL1N2LO07S\">part of that<\/a> is on the back of new attacks by Houthi forces targeting Saudi Aramco\u2019s facilities over the weekend, as well as expectations that major OPEC+ producers will continue to curb output;<\/li>\n<li><strong>10 LNG deliveries to Europe<\/strong> could be delayed, though <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2BI0YY\">it\u2019s low season<\/a>, so demand is easing.<\/li>\n<\/ul>\n<p><strong>Now, to figure out what went wrong:<\/strong> Bad weather wasn\u2019t the main culprit behind the ship's grounding, and the SCA will formally investigate the accident to rule out human error or a technical malfunction after the Canal reopens, Rabie said during the press conference. International media are speculating about everything from human error to the wind conditions and whether the vessel was speeding (lots of theories <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-27\/how-a-desert-wind-in-suez-canal-blew-global-trade-off-course?srnd=premium-middle-east&sref=mmeFTDW1\">here<\/a>, <a href=\"https:\/\/www.wsj.com\/articles\/stuck-big-time-in-suez-canal-how-ship-caused-global-supply-traffic-jam-11616801077?mod=searchresults_pos1&page=1\">here<\/a> and <a href=\"https:\/\/www.wsj.com\/articles\/in-the-suez-canal-economics-and-physics-make-for-tough-sailing-11616846400?page=1\">here<\/a>).<\/p>\n<p><strong>The great jam is still front and center everywhere you look: <\/strong><a href=\"https:\/\/www.reuters.com\/article\/us-egypt-suezcanal-ship-refloat\/efforts-to-refloat-ship-stranded-in-suez-canal-suspended-till-saturday-sources-idUSKBN2BI38H\">Reuters<\/a> | <a href=\"https:\/\/apnews.com\/article\/business-europe-coronavirus-pandemic-suez-canal-red-sea-f1dcdf5ba1e02990942ef85f9fb56987\">the Associated Press<\/a> | <a href=\"https:\/\/www.theguardian.com\/business\/2021\/mar\/26\/how-the-suez-canal-blockage-can-seriously-dent-world-trade\">the Guardian<\/a> | <a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-56547201\">BBC<\/a> | <a href=\"https:\/\/www.ft.com\/content\/87cb4674-6db7-41cf-a82e-44b83eaa436c\">the Financial Times<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/egypt-expanded-the-suez-canal-it-wasnt-enough-11616765965?mod=searchresults_pos6&page=1\">the Wall Street Journal<\/a>.<\/p>\n<p><strong>Our talking heads were also all over the story<\/strong>, with everyone from Masaa DMC\u2019s Eman El Hosary (<a href=\"https:\/\/www.youtube.com\/watch?v=b6d33f_2EPU\">watch, runtime: 3:01<\/a>) to El Hekaya\u2019s Amr Adib (<a href=\"https:\/\/www.youtube.com\/watch?v=pobhvDvf42k\">watch, runtime: 13:14<\/a>) taking stock of the latest updates.<\/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\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ever-given\/\">Ever Given<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/suez-canal\/\">Suez Canal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/supply-chain\/\">supply chain<\/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=\"561146\" 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=\"561146\">\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\">Transport<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/at-least-19-killed-185-injured-in-sohag-train-crash\/\">\r\n                            At least 19 killed, 185 injured in Sohag train crash                        <\/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\/28\/at-least-19-killed-185-injured-in-sohag-train-crash\/\" 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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Initial reports suggested the death toll was at 32, but the ministry revised the figure to 19 after, Zayed told El Hekaya\u2019s Amr Adib (<a href=\"https:\/\/www.youtube.com\/watch?v=ognCX5jkB1U\">watch, runtime: 6:42<\/a>). The <a href=\"https:\/\/www.facebook.com\/presidency.affairs.ENR\/posts\/2737632016567522\">National Railways Authority<\/a> said that \u201cunknown individuals\u201d had pulled the emergency brakes on one of the trains, causing it to stop and be rear-ended by the other. Rail traffic started moving again yesterday in southern Egypt<strong>, <\/strong>one day after the accident, the railways authority said in a <a href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/1900651510091833\">statement<\/a>.<\/p>\n<p><strong>The rail network has seen \"decades of neglect and no development or maintenance to a very dangerous extent,\u201d<\/strong> Prime Minister Moustafa Madbouly said in a statement (<a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/343707717179847\">watch, runtime: 00:56<\/a>). The government has been investing bns in modernizing the network but still has much work to do, Madbouly said, warning that similar accidents could happen until the government completes the railway overhaul plan.<\/p>\n<p><strong>The state has earmarked investments worth EGP 225 bn to revamp Egypt\u2019s 10k-kilometer rail network<\/strong>, Transport Minister Kamel El Wazir said at <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1891374274374262\">a presser<\/a> yesterday in response to the accident. El Wazir focused on the planned work on the country\u2019s existing rail network, which includes railway signaling modernization.<\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/www.facebook.com\/ppo.gov.eg\/posts\/3844623028978904\">Prosecutor General\u2019s Office<\/a><\/strong><strong> is investigating <\/strong>and the House Transport Committee has formed a subcommittee to carry out its own probe. The group will review a detailed report today before passing it to the House speaker later in the day, Mahmoud El Dabaa, head of the subcommittee, told <a href=\"https:\/\/bit.ly\/3w7Rcwr\">Al Mal<\/a> yesterday.. The prime minister has <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1890712274440462\">doubled the financial compensation<\/a> to EGP 100k for the families of the deceased and EGP 20k-40k for those injured, while those with permanent disabilities will be paid a fixed pension.<\/p>\n<p><strong>El Sisi has vowed a \u201cdeterrent penalty\u201d<\/strong> for whoever caused the collision, and to end the \u201cpattern of such disasters,\" according to an <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/photos\/a.155486328304089\/1119323898586989\/\">Ittihadiya statement<\/a>.<\/p>\n<p><strong>Calls for political accountability:<\/strong> While the House of Representatives has the authority to withdraw confidence in El Wazir over the collision, this move would require proof that the transport minister committed gross negligence that directly led to this incident, House Transport Committee Chairman Rep. Alaa Abed told Kelma Akhira\u2019s Lamees El Hadidi. Abed appeared to pour cold water on Lamees\u2019 calls to take a hard line with the authorities responsible \u2014 rather than going after individual employees, such as the train conductor \u2014 saying that the overhaul of the country\u2019s ailing railways need years to fix and that the government is moving faster than was initially expected (<a href=\"https:\/\/www.youtube.com\/watch?v=LPT7YVyu34w\">watch, runtime: 6:30<\/a>).<\/p>\n<p><strong>The Senate appears to be taking a less lenient approach<\/strong>, with Sen. Akmal Nagaty telling Salet Al Tahrir\u2019s Azza Mostafa that railway development has been a priority for the Sisi administration and has received plenty of funding, making it difficult to understand why these incidents still happen (<a href=\"https:\/\/www.youtube.com\/watch?v=jpi-V6nHl3U\">watch, runtime: 4:22<\/a>). Deputy head of the Mostaqbal Watan Party Hossam El Kholy isn\u2019t convinced that removing the minister will actually do any good (<a href=\"https:\/\/www.youtube.com\/watch?v=WRCANyRe70k\">watch, runtime: 6:28<\/a>), but El Wazir is \u201cready to step down\u201d if lawmakers determine he is responsible and that his departure would benefit the country, he told Ala Mas\u2019ouleety\u2019s Ahmed Moussa (<a href=\"https:\/\/www.youtube.com\/watch?v=FBN7NGrhp74\">watch, runtime: 15:45<\/a>).<\/p>\n<p><strong>A troubled history:<\/strong> With infrastructure that has suffered years of underinvestment, Egypt is no stranger to rail accidents. A crash at Cairo\u2019s main <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/28\/at-least-20-killed-in-ramsis-station-train-accident-minister-resigns\/\">Ramses station<\/a> killed over <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3e677e4a-2426-4bf8-8aa4-099d85999e64\">31 people and injured over 40<\/a> just two years ago. Then-transport minister Hisham Arafat stepped down after the crash and El Wazir was appointed as his replacement. Almost 11k railroad accidents occurred between 2008 and 2017, and at 1,793 accidents, 2017 had the highest annual total in at least 15 years, according to government data cited by <a href=\"https:\/\/www.nytimes.com\/2021\/03\/26\/world\/middleeast\/train-crash-egypt.html\">the New York Times<\/a>.<\/p>\n<p><strong>The train crash is getting widespread coverage in the international press<\/strong> <strong>this morning:<\/strong> <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-26\/two-trains-collide-in-southern-egypt-dozens-injured?sref=mmeFTDW1\">Bloomberg<\/a> | <a href=\"https:\/\/www.reuters.com\/article\/idUSL1N2LO0SC\">Reuters<\/a> | <a href=\"https:\/\/www.washingtonpost.com\/world\/train-collision-in-southern-egypt-kills-32-injures-66\/2021\/03\/26\/766a79c4-8e2e-11eb-a33e-da28941cb9ac_story.html\">Washington Post<\/a> | <a href=\"https:\/\/english.alarabiya.net\/News\/middle-east\/2021\/03\/26\/CCTV-captures-moment-of-deadly-train-collision-in-Egypt-s-Sohag\">Al Arabiya<\/a>.<\/p>\n<p><strong>IN OTHER TRANSPORT NEWS- <\/strong><strong>Tenders for new signaling systems get second wind:<\/strong> A tender for modernizing the signaling system and track upgrade works along the Cairo-Beni Suef segment of Egypt\u2019s rail network will be issued next month, which was previously postponed until international financing was secured, <a href=\"https:\/\/bit.ly\/31tDHJ2\">Al Shorouk<\/a> reports, citing an unnamed Transport Ministry official. The tender, which was modified to include additional 15 kilometers of railway, is being re-offered after the World Bank <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8f9cf5b3-9b29-4b39-9385-a85204a90d34\">has recently approved<\/a> providing a USD 440 mn loan to finance the project, the source said.<\/p>\n<p><strong>The Transport Ministry will look into Mitsubishi\u2019s second offer to supply 23 trains for Cairo Metro Line 4<\/strong>, after the Japanese conglomerate\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c14b3c12-052f-4efd-86c7-7bdaf219d493\">initial bid<\/a> was earlier dismissed for being too high, <a href=\"https:\/\/bit.ly\/39jwC2a\">Al Shorouk<\/a>, citing an unnamed Transport Ministry source. The value of the new offer was not disclosed. The bid would be part-financed by a USD 1.2 bn loan from the Japanese International Cooperation Agency, which is being used to construct the line.<\/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\/health-ministry\/\">Health Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moustafa-madbouly\/\">Moustafa Madbouly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport-ministry\/\">Transport Ministry<\/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=\"561148\" 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=\"561148\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/the-weekend-had-more-tragedy-in-store\/\">\r\n                            The weekend had more tragedy in store                        <\/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\/28\/the-weekend-had-more-tragedy-in-store\/\" 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\/28\/the-weekend-had-more-tragedy-in-store\/')\">\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\/28\/the-weekend-had-more-tragedy-in-store\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The weekend had more tragedy in store&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/the-weekend-had-more-tragedy-in-store\/\">\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\/28\/the-weekend-had-more-tragedy-in-store\/&title=The weekend had more tragedy in store\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+weekend+had+more+tragedy+in+store+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F28%2Fthe-weekend-had-more-tragedy-in-store%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\/28\/the-weekend-had-more-tragedy-in-store\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561148\" class=\"content-area-description single-story post-561148 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure tag-infrastructure-watch tag-khaled-abdel-aal wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>A multi-storey residential building collapsed in<\/strong><strong> Cairo early yesterday, leaving <\/strong><strong>at least 23 people<\/strong><strong> dead and injuring 25 others<\/strong>, reports <a href=\"https:\/\/www.albawabhnews.com\/4304853\">Al Bawabh<\/a>. Civil defense and ambulance personnel are still searching for victims in the rubble of the building in Gesr El Suez, Cairo Governor Khaled Abdel Aal <a href=\"https:\/\/www.facebook.com\/CairoGovernment1\/posts\/2313663938765699\">said<\/a> after arriving at the scene. Police cordoned off the area and a technical committee was formed to determine the cause of the collapse. The<a href=\"https:\/\/www.facebook.com\/ppo.gov.eg\/posts\/3845693738871833\">Prosecutor general\u2019s office<\/a> is also investigating the accident. The collapse is so far thought to have been caused by the foundation crumbling under four floors being added illegally, <a href=\"https:\/\/www.facebook.com\/Youm7Videos\/posts\/4300826569949598\">Youm7<\/a> reports, citing unnamed Cairo Governorate sources.<\/p>\n<p><strong>The talking heads took note of the latest developments on the story<\/strong>, including the conclusion that illegal construction and building code violations caused the collapse: Kelma Akhira\u2019s Lamees El Hadidi (<a href=\"https:\/\/www.youtube.com\/watch?v=6AKtCy0O7Wo\">watch, runtime: 7:53<\/a>) | Hadith Al Kahera\u2019s Khairy Ramadan and Karima Awad (<a href=\"https:\/\/www.youtube.com\/watch?v=YVRJWUZa2Ls\">watch, runtime: 3:57<\/a>) | Masaa DMC\u2019s Eman El Hosary (<a href=\"https:\/\/www.youtube.com\/watch?v=JSGpX5iHJxc\">watch, runtime: 2:58<\/a>).<\/p>\n<p><strong>The story is also getting plenty of digital ink in the foreign press this morning:<\/strong> <a href=\"https:\/\/apnews.com\/article\/neighborhoods-egypt-cairo-middle-east-building-collapses-35ec1e8a05277e13378d04f94e1e3f70\">The Associated Press<\/a> | <a href=\"https:\/\/www.voanews.com\/africa\/5-die-cairo-building-collapse\">Voice of America<\/a> | <a href=\"https:\/\/www.reuters.com\/article\/uk-egypt-building-collapse\/building-collapse-in-cairo-leaves-five-dead-idUSKBN2BJ08M\">Reuters<\/a> | <a href=\"http:\/\/www.xinhuanet.com\/english\/2021-03\/27\/c_139840558_2.htm\">Xinhua<\/a> | <a href=\"https:\/\/www.arabnews.com\/node\/1832681\/middle-east\">Arab News<\/a> | <a href=\"https:\/\/www.smh.com.au\/world\/middle-east\/rescuers-search-for-survivors-in-deadly-egypt-building-collapse-20210327-p57enk.html\">Sydney Morning Herald<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure-watch\/\">infrastructure watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/khaled-abdel-aal\/\">Khaled Abdel Aal<\/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=\"561149\" 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=\"561149\">\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\">IPO<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/taaleem-appears-to-bump-up-guidance-on-price-range-for-ipo\/\">\r\n                            Taaleem appears to bump up guidance on price range for IPO                        <\/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\/28\/taaleem-appears-to-bump-up-guidance-on-price-range-for-ipo\/\" 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\/28\/taaleem-appears-to-bump-up-guidance-on-price-range-for-ipo\/')\">\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\/28\/taaleem-appears-to-bump-up-guidance-on-price-range-for-ipo\/\">\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=Taaleem appears to bump up guidance on price range for IPO&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/taaleem-appears-to-bump-up-guidance-on-price-range-for-ipo\/\">\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\/28\/taaleem-appears-to-bump-up-guidance-on-price-range-for-ipo\/&title=Taaleem appears to bump up guidance on price range for IPO\">\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=Taaleem+appears+to+bump+up+guidance+on+price+range+for+IPO+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F28%2Ftaaleem-appears-to-bump-up-guidance-on-price-range-for-ipo%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\/28\/taaleem-appears-to-bump-up-guidance-on-price-range-for-ipo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561149\" class=\"content-area-description single-story post-561149 post type-post status-publish format-standard hentry category-ipo-watch tag-bdo tag-ci-capital tag-enterpriseam tag-ipo-watch tag-matouk-bassiouny-hennawy tag-pwc tag-taaleem wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-04\" class=\"content-anchor\"><\/a> <strong>Taaleem Management Services will sell its shares at up to EGP 6.20 apiece <\/strong><strong>in <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d960b7cc-4f8e-4111-8b2f-5bac2c4374a6\">an initial public offering<\/a><\/strong><strong> on the EGX <\/strong>after receiving Financial Regulatory Authority <a href=\"https:\/\/ent.news\/2021\/3\/FRA-approval-for-Taaleem.pdf\">approval (pdf)<\/a> on Thursday, the company said in a statement to the <a href=\"https:\/\/ent.news\/2021\/3\/Taaleem-offering-pdf.pdf\">EGX (pdf)<\/a>. The company will offer up to 49% of its shares \u2014 equivalent to some 357.8 mn shares \u2014 which would give it a market cap of c. EGP 4.4 bn, or a bit more than half the size of CIRA, which currently has a market cap of c. EGP 7.5 bn, according to market data.<\/p>\n<p><strong>The company's bankers had <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b0779d2d-50f1-4135-92fe-1ad2021a29b1\">previously said<\/a> they would price the transaction in the EGP 5.48-6.02 per share range.<\/strong><\/p>\n<p><strong>The company is looking to place the majority of its shares with institutions<\/strong>, who will get about 46.6 ppt of the 49% of the company on offer, while c. 2.4 ppt of the offering will be placed with retail investors.<\/p>\n<p><strong>Taaleem looks like it could pull the trigger by Wednesday<\/strong>, with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b0779d2d-50f1-4135-92fe-1ad2021a29b1\">shareholder<\/a> and sale manager CI Capital saying in the disclosure that it has an agreement with an unnamed investor for the purchase of USD 30 mn-worth of shares if the IPO goes through before 31 March. That\u2019s about a fifth of the shares on offer through private placement, by our math.<\/p>\n<p><strong>Advisors<\/strong>: CI Capital is the bookrunner. MHR & Partners in association with White & Case are the counsel for CI Capital, while Matouk Bassiouny & Hennawy are domestic counsel to Taaleem. PwC acts as an auditor for the transaction, and BDO is the independent financial advisor.<\/p>\n<p><strong><em>CORRECTION:\u00a0<\/em><\/strong><em>A previous version of this story in EnterpriseAM said that Taalem would price its IPO at EGP 6.20 per share. The statement from FRA instead says that the IPO will be priced at\u00a0<strong>up to\u00a0<\/strong>EGP 6.20.<\/em><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bdo\/\">BDO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ci-capital\/\">CI Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ipo-watch\/\">IPO watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/matouk-bassiouny-hennawy\/\">Matouk Bassiouny &amp; Hennawy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pwc\/\">PwC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/taaleem\/\">Taaleem<\/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=\"561150\" 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=\"561150\">\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\">Real estate<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/emaar-misr-to-establish-egp-37-8-bn-residential-project-in-sheikh-zayed\/\">\r\n                            Emaar Misr to establish EGP 37.8 bn residential project in Sheikh Zayed                        <\/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\/28\/emaar-misr-to-establish-egp-37-8-bn-residential-project-in-sheikh-zayed\/\" 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\/28\/emaar-misr-to-establish-egp-37-8-bn-residential-project-in-sheikh-zayed\/')\">\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\/28\/emaar-misr-to-establish-egp-37-8-bn-residential-project-in-sheikh-zayed\/\">\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=Emaar Misr to establish EGP 37.8 bn residential project in Sheikh Zayed&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/emaar-misr-to-establish-egp-37-8-bn-residential-project-in-sheikh-zayed\/\">\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\/28\/emaar-misr-to-establish-egp-37-8-bn-residential-project-in-sheikh-zayed\/&title=Emaar Misr to establish EGP 37.8 bn residential project in Sheikh Zayed\">\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=Emaar+Misr+to+establish+EGP+37.8+bn+residential+project+in+Sheikh+Zayed+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F28%2Femaar-misr-to-establish-egp-37-8-bn-residential-project-in-sheikh-zayed%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\/28\/emaar-misr-to-establish-egp-37-8-bn-residential-project-in-sheikh-zayed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561150\" class=\"content-area-description single-story post-561150 post type-post status-publish format-standard hentry category-real-estate tag-amer-group tag-emaar-misr tag-enterpriseam tag-real-estate 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>Emaar Misr will spend EGP 37.8 bn developing a 500-feddan residential project<\/strong> dubbed \u201c<a href=\"https:\/\/www.emaarmisr.com\/en\/our-communities\/belle-vie\/\">Belle Vie<\/a>\u201d in Sheikh Zayed after signing a land allocation agreement with the New Urban Communities Authority, the company said in an EGX <a href=\"https:\/\/ent.news\/2021\/3\/Emaar-pdf.pdf\">disclosure (pdf)<\/a>. Emaar had received the <a href=\"https:\/\/ent.news\/2021\/3\/Emaar-2019-sheikh-zayed.pdf\">authority\u2019s<\/a><a href=\"https:\/\/ent.news\/2021\/3\/Emaar-2019-sheikh-zayed.pdf\">approval<\/a> for the project in late 2019, following the <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/28\/emaar-signs-settlement-agreement-with-nuca-to-move-ahead-with-west-cairo-project-7245\/\">settlement of a dispute<\/a> concerning its EGP 11.5 bn Cairo Gate development on the Cairo-Alexandria Desert Road. Emaar <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8cbfc492-c18b-49f3-b69c-561f46fa01e6\">received approval for the project\u2019s blueprint<\/a> last year.<\/p>\n<p><strong>IN OTHER REAL ESTATE NEWS-<\/strong> <strong>Amer Group broke ground on a EGP 2.5-3 bn <\/strong><strong>mixed-use project<\/strong> <strong>Minya<\/strong>, head of real estate Hosny Omar said on the sidelines of a Thursday presser, according to <a href=\"https:\/\/bit.ly\/3fgnD5K\">Hapi Journal<\/a>. The new development, which will be built over three phases, will comprise 2.5k residential units as well as commercial and entertainment facilities.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/amer-group\/\">Amer Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emaar-misr\/\">Emaar Misr<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561151\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"561151\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/561151\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561151\" class=\"content-area-description single-story post-561151 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class='web-image'><a href='https:\/\/www.sodic.com\/'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/Sodic-The-Estate1-1600px.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561152\" 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=\"561152\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/ihab-mabrouk-appointed-amoc-chairman\/\">\r\n                            Ihab Mabrouk appointed AMOC chairman                        <\/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\/28\/ihab-mabrouk-appointed-amoc-chairman\/\" 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\/28\/ihab-mabrouk-appointed-amoc-chairman\/')\">\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\/28\/ihab-mabrouk-appointed-amoc-chairman\/\">\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=Ihab Mabrouk appointed AMOC chairman&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/ihab-mabrouk-appointed-amoc-chairman\/\">\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\/28\/ihab-mabrouk-appointed-amoc-chairman\/&title=Ihab Mabrouk appointed AMOC chairman\">\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=Ihab+Mabrouk+appointed+AMOC+chairman+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F28%2Fihab-mabrouk-appointed-amoc-chairman%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\/28\/ihab-mabrouk-appointed-amoc-chairman\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561152\" class=\"content-area-description single-story post-561152 post type-post status-publish format-standard hentry category-moves tag-enterpriseam tag-moves tag-oil-ministry tag-public-enterprises-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Ihab Ahmed Mabrouk <\/strong>has been appointed <strong>chairman and managing director<\/strong> of <strong>Alexandria Mineral Oil Company (AMOC)<\/strong> by Oil Minister Tarek El Molla, the company said in <a href=\"https:\/\/ent.news\/2021\/3\/AMOC-new-board-chairman-03-2021.pdf\">an EGX filing (pdf)<\/a>. Mabrouk succeeds <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0e82543b-79d0-4184-82a3-e160550c56d3\">Mohamed Moustafa Sheta<\/a>, who has chaired the company since last November.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moves\/\">moves<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-ministry\/\">Oil Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/public-enterprises-ministry\/\">Public Enterprises Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    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stk-block-column stk-column stk-block stk-80rbalf\" data-v=\"4\" data-block-id=\"80rbalf\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-80rbalf-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-80rbalf-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-8g1d4m2\" data-v=\"4\" data-block-id=\"8g1d4m2\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-8g1d4m2-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-8g1d4m2-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" 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   \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\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/last-nights-talk-shows-on-28-march-2021\/\">\r\n                            Last Night\u2019s Talk Shows on 28 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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class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"561155\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/last-nights-talk-shows-on-28-march-2021\/330-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/330.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"330.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/330.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/330.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561154\" class=\"content-area-description single-story post-561154 post type-post status-publish format-standard has-post-thumbnail hentry category-enterprise-last-nights-talk-shows tag-enterpriseam tag-last-nights-talk-shows tag-suez-canal wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>With a morbidly eventful several days, the talking heads had plenty of ground to cover<\/strong><strong> yesterday.<\/strong> We have all the details on the three stories driving the conversation \u2014 the Suez Canal blockage, the Sohag train accident, and the collapse of a Cairo building \u2014 in the news well below. And we\u2019ll leave you with Amr Adib\u2019s commentary on our recent streak of bad news (<a href=\"https:\/\/www.youtube.com\/watch?v=Pe-CtZ6fPQQ\">watch, runtime: 1:28<\/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\/last-nights-talk-shows\/\">LAST NIGHT\u2019S TALK SHOWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/suez-canal\/\">Suez Canal<\/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=\"561156\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561157\" 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=\"561157\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/egypt-in-the-news-on-28-march-2021\/\">\r\n                            Egypt in the News on 28 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\/28\/egypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-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 28 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/egypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-march-2021\/&title=Egypt in the News on 28 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+28+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F28%2Fegypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561157\" class=\"content-area-description single-story post-561157 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-covid-19 tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>With the Suez Canal jam and Sohag train accident taking up plenty of attention<\/strong>, there isn\u2019t much else about Egypt in the foreign press. Among the headlines to skim briefly:<\/p>\n<ul>\n<li><strong>Nawal El Saadawi is eulogized as a \u201ckey influence on feminists<\/strong> in the global south.\u201d (<a href=\"https:\/\/www.ft.com\/content\/44db1483-4a0f-4e0e-a611-aad6a132adfb\">Financial Times<\/a>)<\/li>\n<li><strong>Human rights:<\/strong> Aly Mahdy, an asylum seeker who fled Egypt to the US in 2019, is calling for the release of his family members, who were detained after he called for protests to mark the anniversary of the 2011 revolution on social media. (<a href=\"https:\/\/www.washingtonpost.com\/opinions\/2021\/03\/26\/i-escaped-tentacles-egypts-dictatorship-my-family-did-not\/\">The Washington Post<\/a>)<\/li>\n<li><strong>Egypt\u2019s largest annual flora exhibition (Ma3rad El Zohoor) is helping floral businesses<\/strong> weather the impact of the covid-induced slump in sales. (<a href=\"http:\/\/www.xinhuanet.com\/english\/2021-03\/27\/c_139840641.htm\">Xinhua<\/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\/covid-19\/\">covid-19<\/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=\"561158\" 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=\"561158\">\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\">Also on our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/also-on-our-radar-on-28-march-2021\/\">\r\n                            Also on our Radar on 28 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\/28\/also-on-our-radar-on-28-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\/28\/also-on-our-radar-on-28-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\/28\/also-on-our-radar-on-28-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 28 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/also-on-our-radar-on-28-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\/28\/also-on-our-radar-on-28-march-2021\/&title=Also on our Radar on 28 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+28+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F28%2Falso-on-our-radar-on-28-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\/28\/also-on-our-radar-on-28-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561158\" class=\"content-area-description single-story post-561158 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-cybersecurity tag-enterpriseam tag-logistics tag-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Malware attacks in Egypt jumped 21% y-o-y in 2020<\/strong>, according to the latest statistics released by the Kaspersky Security Network picked up by <a href=\"https:\/\/dailynewsegypt.com\/2021\/03\/24\/egypt-witnesses-increase-in-malware-attacks-cryptocurrency-mining-threats-in-2020\/\">the local press<\/a>. The country also recorded an 8% rise in threats targeting cryptocurrency mining, despite these attacks falling 24% globally. However,<strong> the country has seen \"the largest decline in banking trojans\"<\/strong> in the region after attacks fell 16% against a global increase by 29%, Maher Yamout, a senior security researcher in Kaspersky\u2019s global research and analysis team, said. In addition, ransomware infections dropped 27% due to greater awareness, the report added.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>Smartphone sales in Egypt <\/strong>grew 10.6% y-o-y to 11.9 mn units in 2020 as \u201cstrong demand\u201d from people working and studying remotely offset consumer purchase power drops during the pandemic, market researcher IDC said in <a href=\"https:\/\/www.telecompaper.com\/news\/egyptian-smartphone-unit-sales-rise-11-in-2020--1377287\">a recent report<\/a>.<\/li>\n<li>Egypt is angling for an <a href=\"https:\/\/bit.ly\/3rw5CCV\">unspecified amount of funding<\/a> from the <strong>European Bank<\/strong><strong> for Reconstruction and Development<\/strong> to conduct feasibility studies on the <strong>Damietta Dry Port<\/strong>.<\/li>\n<li><strong>Lufthansa <\/strong><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1891604181017938?_rdc=1&_rdr\">operated yesterday<\/a> the first flight from Frankfurt to Hurghada after an almost one-year hiatus, with a weekly flight planned on this route. Polish charter airline <strong>Enter Air<\/strong> also operated the first two flights to Sharm El Sheikh since border closures in March 2020.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cybersecurity\/\">cybersecurity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/security\/\">security<\/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=\"561159\" 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=\"561159\">\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\">COVID WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/the-next-big-batch-of-vaccines-may-be-delayed\/\">\r\n                            The next big batch of vaccines may be delayed                        <\/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\/28\/the-next-big-batch-of-vaccines-may-be-delayed\/\" 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\/28\/the-next-big-batch-of-vaccines-may-be-delayed\/')\">\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\/28\/the-next-big-batch-of-vaccines-may-be-delayed\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The next big batch of vaccines may be delayed&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/the-next-big-batch-of-vaccines-may-be-delayed\/\">\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\/28\/the-next-big-batch-of-vaccines-may-be-delayed\/&title=The next big batch of vaccines may be delayed\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+next+big+batch+of+vaccines+may+be+delayed+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F28%2Fthe-next-big-batch-of-vaccines-may-be-delayed%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\/28\/the-next-big-batch-of-vaccines-may-be-delayed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561159\" class=\"content-area-description single-story post-561159 post type-post status-publish format-standard hentry category-covid-watch tag-africa tag-astrazeneca tag-covax tag-covid-19 tag-enterpriseam tag-eu tag-gavi tag-germany tag-india tag-poland tag-unicef 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-08\"><\/a> <strong>Egypt may not be getting its 5 mn doses of the Oxford \/ AstraZeneca vaccine through the<\/strong><strong> Gavi \/ Covax scheme this month.<\/strong> The global program designed to get vaccines in the hands of emerging markets suffered a setback when vaccine producer Serum Institute of India (SII) <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/89d08eb2-bd21-4da0-a4c0-b0ccacc82c26\">temporarily suspended<\/a> all exports of the jab as India\u2019s own case tally soars, according to <a href=\"https:\/\/www.unicef.org\/press-releases\/covax-updates-participants-delivery-delays-vaccines-serum-institute-india-sii-and\">a UNICEF statement<\/a>. The suspension means that some countries waiting for jabs under the scheme will see their shipments delayed in March and April.<\/p>\n<p><strong>As one door closes, could another open?<\/strong> A handful of wealthy countries \u2014 including the US, Canada, the UK, and Australia \u2014 have purchased or manufactured enough vaccine doses to cover their populations several times over. The US, for example, is <a href=\"https:\/\/www.nytimes.com\/2021\/03\/11\/us\/politics\/coronavirus-astrazeneca-united-states.html\">currently hoarding tens of mns of doses<\/a> of the AstraZeneca jab, which has yet to earn regulatory clearance in the US but could be shipped to other countries that have cleared the vaccine and are running short on supplies. British Prime Minister <a href=\"https:\/\/www.standard.co.uk\/news\/uk\/jeremy-farrar-boris-johnson-health-prime-minister-charities-b926655.html\">Boris Johnson<\/a> and Canadian Prime Minister <a href=\"https:\/\/www.bbc.com\/news\/world-us-canada-55932997\">Justin Trudeau<\/a> are also under pressure: Each has contracted a pipeline of jabs sufficient to cover their populations many times over.<\/p>\n<p><strong>T<\/strong><strong>he Health Ministry <\/strong><strong><a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/344790043738281\">reported<\/a><\/strong><strong> 683 new covid-19 infections yesterday<\/strong>, up from 670 the day before. The ministry also reported 41 new deaths, bringing the country\u2019s total death toll to 11,845. Egypt has now disclosed a total of 199,364 confirmed cases of covid-19.<\/p>\n<p><strong>A new super-mutant covid-19 strain has been discovered in Tanzania<\/strong> that has more mutations than any known variant, according to <a href=\"https:\/\/threadreaderapp.com\/thread\/1375116665227247620.html\">a report submitted to the WHO<\/a> by an African scientific institute. Three people who traveled to Angola from the east African country were found to have picked up the variant, prompting scientists to call for \u201curgent investigation.\u201d<\/p>\n<p><strong>The EU is at a \"breaking point\" as the third wave runs rampant throughout the <\/strong><strong>bloc and places hospitals under severe strain<\/strong> as the case tally soars amid a slow vaccine rollout, with several countries such as Poland hitting all-time highs for infections, <a href=\"https:\/\/www.ft.com\/content\/4c87ff52-4957-49b5-abf0-dacfa4ed5a41\">the Financial Times<\/a> reports.<\/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\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/astrazeneca\/\">AstraZeneca<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covax\/\">Covax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gavi\/\">GAVI<\/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\/india\/\">India<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/poland\/\">Poland<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/unicef\/\">UNICEF<\/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=\"561160\" 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=\"561160\">\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\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/what-the-markets-are-doing-on-28-march-2021\/\">\r\n                            What the markets are doing on 28 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\/28\/what-the-markets-are-doing-on-28-march-2021\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The market saw the biggest single-day gain in three weeks, helped by the US Federal Reserve\u2019s ending of covid-19 dividend restrictions on banks, imposed last year to protect capital reserves.<\/p><p><strong>\u2026as emerging markets enter a correction:<\/strong> Emerging market stocks are suffering a retreat from all-time highs earlier this year amid rising US bond yields and a stronger USD, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-25\/emerging-market-stocks-are-close-to-wiping-out-this-year-s-gains?sref=mmeFTDW1\">Bloomberg<\/a> reports. The MSCI EM Index fell for the fifth consecutive day Thursday, continuing its longest losing run in six months and putting the gauge more than 10% below its peak in February. This marks a reversal of the EM stock surge, which saw investors pour money into riskier EM markets last year.<\/p><p><strong>The hard times look set to continue:<\/strong> \u201cHigher US yields and a firmer USD alongside investors either moving to safer shores or taking profits on past gains are clearly hurting EM equities,\u201d said Mitul Kotecha, chief EM Asia &amp; Europe strategist at TD Securities. \u201cIt\u2019s hard to see a reversal in the short term, with pressure likely to be maintained for now.\u201d<\/p><p><strong>Other market news worth knowing:<\/strong><\/p><ul>\n<li><strong>The SEC may be pulling the brakes on the SPAC frenzy amid heightened risk<\/strong><strong> concerns, <\/strong> demanding information from a number of Wall Street banks about their underwriting activities in the SPAC market and how they\u2019re managing risk. (<a href=\"https:\/\/www.reuters.com\/article\/us-usa-sec-spacs-exclusive-idUKKBN2BH09F\">Reuters<\/a>)<\/li>\n<li><strong>WeWork is finally going public through a merger with <\/strong><strong>blank-check company BowX Acquisition<\/strong>, allowing the coworking space provider to conclude an IPO almost two years after its failed first attempt, it said in <a href=\"https:\/\/www.wework.com\/ideas\/newsroom-landing-page\/newsroom\/posts\/wework-to-become-publicly-traded-via-spac-merger-with-bowx-acquisition-corp\">a statement<\/a> on Friday.<\/li>\n<li><strong>Goldman Sachs has liquidated USD 10.5 bn-worth of stocks in block trades<\/strong> as part of a selling spree that erased USD 35 bn from major companies\u2019 stock values, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-27\/goldman-sold-10-5-billion-of-stocks-in-block-trade-spree?srnd=premium-middle-east&amp;sref=mmeFTDW1\">Bloomberg<\/a> reports. The guessing game now: Figuring out who was selling.<\/li>\n<\/ul><div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table table-striped markets-table\">\n<tbody>\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>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>10,870<\/p>\n<\/td>\n<td>\n<p>+1.6% (YTD: +0.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.69<\/p>\n<\/td>\n<td>\n<p>Sell 15.79<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.69<\/p>\n<\/td>\n<td>\n<p>Sell 15.79<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>9,418<\/p>\n<\/td>\n<td>\n<p>-0.5% (YTD: +8.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>5,727<\/p>\n<\/td>\n<td>\n<p>-0.3% (YTD: +13.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,496<\/p>\n<\/td>\n<td>\n<p>-0.8% (YTD: +0.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>3,975<\/p>\n<\/td>\n<td>\n<p>+1.7% (YTD: +5.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>6,741<\/p>\n<\/td>\n<td>\n<p>+1.0% (YTD: +4.3%)<\/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>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 64.57<\/p>\n<\/td>\n<td>\n<p>+4.2%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.56<\/p>\n<\/td>\n<td>\n<p>-0.5%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,734.70<\/p>\n<\/td>\n<td>\n<p>+0.4%<\/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>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 55,990.89<\/p>\n<\/td>\n<td>\n<p>+2.1%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><p><strong>The EGX30 rose 1.6% on Thursday <\/strong>on turnover of EGP 819 mn (44.6% below the 90-day average). Foreign investors were net buyers. The index is up 0.2% YTD.<\/p><p><strong>In the green: <\/strong>Eastern Co. (+7.7%), Fawry (+2.9%) and Heliopolis Housing (+2.6%).<\/p><p><strong>In the red: <\/strong>AMOC (-2.6%), Sidi Kerir (-2.2%) and Export Development Bank (-1.1%).<\/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\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bowx-acquisition\/\">BowX Acquisition<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vaccines\/\">vaccines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wall-street\/\">Wall Street<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wework\/\">WeWork<\/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=\"561161\" 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=\"561161\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/around-the-world-on-28-march-2021\/\">\r\n                            Around the World on 28 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\/28\/around-the-world-on-28-march-2021\/\" target=\"_blank\">\n        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href=\"https:\/\/api.whatsapp.com\/send?text=Around+the+World+on+28+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F28%2Faround-the-world-on-28-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\/28\/around-the-world-on-28-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561161\" class=\"content-area-description single-story post-561161 post type-post status-publish format-standard hentry category-around-the-world tag-abdel-fattah-el-sisi tag-african-union tag-around-the-world tag-diplomacy tag-enterpriseam tag-ethiopia tag-gerd tag-libya tag-middle-east tag-politics tag-recep-tayyip-erdogan tag-sudan tag-turkey tag-us tag-water wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The head of Libya\u2019s <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3ef996d7-7670-4900-a18b-ba1c755b6b28\">new interim government<\/a><\/strong><strong> made overtures to <\/strong><strong>both Egypt and Turkey last week<\/strong>, paying visits to Cairo and Ankara to hold talks with the governments that had been on opposing sides in the country\u2019s recent civil war. Mohamed Al Menfi, who was elected the head of Libya\u2019s Presidential Council earlier this month, <a href=\"https:\/\/bit.ly\/39hULGg\">met with President Abdel Fattah El Sisi<\/a> on Thursday before <a href=\"https:\/\/www.tccb.gov.tr\/en\/speeches-statements\/558\/126367\/presidential-council-of-libya-to-visit-turkey\">flying to the Turkish capital<\/a> the following day. El Sisi pledged his \u201cfull and utter\u201d support for the new council and the country\u2019s institutions as it gears up for <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cebd5190-4446-4d0d-adf6-bf855d23471b\">parliamentary and presidential elections in December<\/a>, and reiterated Egypt\u2019s commitment to restoring stability in the country. Egypt last month announced the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/49280b8f-cdd6-41be-8ccc-b1c2391cc661\">planned reopening of its embassy in Tripoli<\/a>, pointing to a more conciliatory position to factions in Western Libya, following a ceasefire between the UN-backed western government and General Khalifa Haftar\u2019s eastern forces <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1db36e80-a027-4350-96ff-60293b1ef45d\">last October<\/a>.<\/p>\n<p><strong>Menfi\u2019s<\/strong><strong> courting of both Egypt and Turkey comes amid signs that tensions between the regional rivals may be easing.<\/strong> The Turkish government has in recent weeks intimated that it wants to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a497b68c-b8b0-44ce-a68b-ad2379709ff9\">restore diplomatic relations<\/a> with Egypt and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/028ce554-d90c-4af4-81e0-dab48283cdd6\">reach an understanding on maritime borders<\/a> in the Mediterranean. Officials earlier this month asked Turkish media to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fd9bd86b-542e-46d6-a545-108fa6ec37d9\">dial down their criticisms of the Egyptian government<\/a>, a move that was warmly welcomed by Information Minister Osma Heikal.<\/p>\n<p><strong>Egypt keeps the US in the loop on GERD as Cairo, Khartoum hope for int\u2019l<\/strong><strong> mediation:<\/strong> Efforts to relaunch talks to reach a binding agreement on filling and operating the Grand Ethiopian Renaissance Dam were at the top of the agenda for Deputy Foreign Minister for African Affairs Hamdy Loza and US Special Envoy for Sudan Donald Booth, who met yesterday in Cairo, according to <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/5366192696785966?_rdc=1&_rdr\">a statement<\/a>. After months of<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e2814907-6c27-4fbd-b5a8-08b5f653f687\">floundering<\/a> talks, Sudan made <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3310a6ca-992b-470e-a3b0-3a6f8987ea23\">a formal request<\/a> for international mediation. Ethiopia <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b2819f6f-d128-4c07-b808-02152a89f277\">strongly opposed<\/a> the proposal, on the grounds that it would undermine the AU\u2019s efforts to resolve the impasse. Ethiopia <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b4b85a75-df24-4ee9-b55f-3bad56b6c8db\">said<\/a> last week it will continue with plans to fill the dam\u2019s reservoir in the upcoming rainy season, starting next August, with or without an agreement.<\/p>\n<p><strong>FURTHER AFIELD: US rivals China and Iran are getting cozier, signing a 25-year strategic<\/strong><strong> cooperation pact yesterday<\/strong>, Iranian state media <a href=\"https:\/\/en.irna.ir\/news\/84275822\/Iran-China-sign-comprehensive-cooperation-document\">IRNA<\/a> reports. No details of the agreement were formally announced, but <a href=\"https:\/\/www.nytimes.com\/2021\/03\/27\/world\/middleeast\/china-iran-deal.html\">the New York Times<\/a> reports that China will invest some USD 400 bn in Iran in exchange for oil as part of the pact and the two countries will also step up military cooperation with joint training. The agreement could undermine the US\u2019 leverage over Iran ahead of expected negotiations and lessen the US influence in the Middle East, pundits suggest.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/african-union\/\">African Union<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/around-the-world\/\">Around the World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/middle-east\/\">Middle East<\/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\/recep-tayyip-erdogan\/\">Recep Tayyip Erdogan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/water\/\">water<\/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=\"561162\" 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=\"561162\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/armageddon-averted\/\">\r\n                            Armageddon averted                        <\/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\/28\/armageddon-averted\/\" 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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Scientists had initially worried that Apophis would pass dangerously close to Earth in 2029, 2036, and 2068, but were able to refine the asteroid\u2019s orbit after it passed within 17 mn km of Earth earlier this month, leading to its removal from the list of hazardous asteroids, and leaving Earth safe \u2026 for now.<\/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\/nasa\/\">NASA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/space\/\">space<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561164\" 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\/28\/your-essential-business-calendar-on-28-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561164\" class=\"content-area-description single-story post-561164 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>28 March (Sunday): Executive director of the UN Office on Drugs and Crime Ghada Waly will address AmCham in a talk on tackling corruption in African countries and reinforcing women\u2019s rights. You can register for the event <a href=\"https:\/\/www.amcham.org.eg\/events-activities\/events\/online-registration\/1355\">here<\/a>.<\/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>29-30 March (Monday-Tuesday): Arab Academy for Science, Technology & Maritime Transport <a href=\"https:\/\/ec.aast.edu\/contenttemp.php?page_id=48200111\">Startup Festival<\/a>, Sharm El Sheikh.<\/p>\n<p>30 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 filing deadline.<\/p>\n<p>31 March (Wednesday): The Egyptian-Croation Business Forum will convene.<\/p>\n<p>1-3 April (Thursday-Saturday): <a href=\"http:\/\/hvacregypt.com\/\">HVAC-R Egypt Expo<\/a>.<\/p>\n<p>6 April (Tuesday): French Chamber of Commerce and Industry in Egypt working breakfast with Sovereign Fund of Egypt CEO Ayman Soliman.<\/p>\n<p>7 April (Wednesday): British-Egyptian Business Association (BEBA) webinar on digital banking and fintech.<\/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): Coptic 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>7-9 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>17-20 June (Thursday-Sunday) : The International Exhibition of Materials and Technologies for Finishing and Construction (<a href=\"https:\/\/turnkeyexhibition.com\/\">Turnkey Expo<\/a>), Cairo International Conference Center.<\/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>30 June- 15 July: National Book Fair.<\/p>\n<p>1 July: (Thursday): National holiday in observance of 30 June Revolution.<\/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":561141,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-561140","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"5bb775e1-1ad7-48ed-b8d4-65f39f8096ce","teaser":"","photo_url":"https:\/\/ent.news\/2021\/3\/322.png"},"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>Enterprise Between the Ever Given, a train crash and a building collapse, it was not a good weekend - 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\/enterprise-between-the-ever-given-a-train-crash-and-a-building-collapse-it-was-not-a-good-weekend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enterprise Between the Ever Given, a train crash and a building collapse, it was not a good weekend\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/enterprise-between-the-ever-given-a-train-crash-and-a-building-collapse-it-was-not-a-good-weekend\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T03:11:21+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\/322.png?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\/enterprise-between-the-ever-given-a-train-crash-and-a-building-collapse-it-was-not-a-good-weekend\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/enterprise-between-the-ever-given-a-train-crash-and-a-building-collapse-it-was-not-a-good-weekend\/\",\"name\":\"Enterprise Between the Ever Given, a train crash and a building collapse, it was not a good weekend - 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