{"id":561175,"date":"2021-03-29T03:46:34","date_gmt":"2021-03-29T03:46:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=561175"},"modified":"2025-12-16T03:12:14","modified_gmt":"2025-12-16T03:12:14","slug":"macro-pharma-group-announces-price-range-for-ipo-and-were-still-waiting-to-see-if-ever-given-will-float","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/macro-pharma-group-announces-price-range-for-ipo-and-were-still-waiting-to-see-if-ever-given-will-float\/","title":{"rendered":"Macro Pharma Group announces price range for IPO (and we\u2019re still waiting to see if Ever Given will float)"},"content":{"rendered":"<section id=\"561177\" 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=\"561177\">\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\/29\/what-were-tracking-on-29-march-2021\/\">\r\n                            What we\u2019re tracking on 29 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\/29\/what-were-tracking-on-29-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\/29\/what-were-tracking-on-29-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\/29\/what-were-tracking-on-29-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 29 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/what-were-tracking-on-29-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\/29\/what-were-tracking-on-29-march-2021\/&title=What we\u2019re tracking on 29 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+29+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F29%2Fwhat-were-tracking-on-29-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\/29\/what-were-tracking-on-29-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561177\" class=\"content-area-description single-story post-561177 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-astrazeneca tag-egx tag-enterpriseam tag-ipo-watch tag-macro-group tag-sinopharm 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, nice people. <\/strong>Mondays are typically the slowest news days of the week, but not so today \u2014 we have plenty going on.<\/p><p><strong>IT\u2019S A BIG DAY FOR: Our covid-19 vaccine rollout. <\/strong>Yesterday, we reported that it seems unlikely we\u2019re going to be getting anytime soon the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/acc7d04e-ff3f-40fa-bc0a-5eec3216fdbf\">5 mn of doses of AstraZeneca<\/a> we had expected by month\u2019s end thanks to global supply constraints. Coincidental or not, the news today is that (a) <strong>we\u2019re getting a bunch of Sinopharm<\/strong>\u2019s jabs \u201cwithin days\u201d in two shipments \u2014 one a purchase, the other a gift from China, and (b) we\u2019re edging closer to an <strong>agreement to manufacture Sinovac<\/strong>\u2019s competing jab.<\/p><p><strong>It\u2019s also a big day for capital markets<\/strong> as leading cosmeceutical player Macro announces a price range for its IPO on the Egyptian Exchange. Conventional wisdom is that new paper is key to luring back foreign investors in public equities, so this is very welcome news indeed.<\/p><p><strong>\u2026and for the Ever Zeft, <\/strong>as work to refloat it continues around the clock. The hope is that it might be refloated as early as today: The <a href=\"https:\/\/www.timesofisrael.com\/suez-canal-authority-hopes-high-tide-from-full-moon-can-help-free-stuck-megaship\/\">Associated Press<\/a> is reporting that there will be two attempts to refloat it today, helped by a full moon that will make low tide lower and high tide higher.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>*** CATCH UP QUICK<\/strong> with the top stories from yesterday\u2019s edition of EnterprisePM:<\/p><ul>\n<li><strong>Individual investors began placing orders for shares in Taaleem<\/strong>, which yesterday <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/046b260a-79fb-4b25-8a96-63946b11af8e\">kicked off the retail component of its IPO<\/a> on the EGX.<\/li>\n<li><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c9676e83-6617-44df-95b0-250d610e2377\">Preparations are underway<\/a><\/strong><strong> for a possible operation to offload containers from the Ever Given<\/strong>, which is still refusing to budge from the Suez Canal.<\/li>\n<li><strong>The revamped Tamayoz small-cap index <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9a794f85-c1e7-4a7a-b929-39a2e25c2f1e\">will launch before the end of 2021<\/a><\/strong>, EGX boss Mohamed Farid told us.<\/li>\n<\/ul><p><strong>CORRECTION: <\/strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f9e4ccc0-a0f4-45cd-af78-7d2fd4e13c2c\">In yesterday\u2019s<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f9e4ccc0-a0f4-45cd-af78-7d2fd4e13c2c\">EnterpriseAM<\/a>, we said that Taaleem had priced its IPO at EGP 6.20 per share. We were incorrect. A close reading of the disclosure from the Financial Regulatory Authority indicates that Taaleem could price its IPO at <em>up to<\/em><em> <\/em>EGP 6.20 per share, not <em>at<\/em><em> <\/em>EGP 6.20. The company had previously said it expected to price the transaction at EGP 5.48-6.02 per share, and a senior source with first hand knowledge of the offering confirmed to us yesterday afternoon that bookrunner <strong>CI Capital<\/strong><strong> will price within this range.<\/strong> We have amended the story on our website.<\/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>The <\/strong><strong>two-day <\/strong><strong><a href=\"https:\/\/arab-exchanges.org\/conference\/\">Arab Federation of Exchanges Annual Conference 2021<\/a><\/strong><strong> begins today. <\/strong>This year\u2019s virtual conference will discuss ESGs for economic growth and capital markets as well as fintech and innovation.<\/p><p><strong>The <\/strong><strong><a href=\"https:\/\/ec.aast.edu\/contenttemp.php?page_id=48200111\">Startup Festival<\/a><\/strong><strong> in Sharm El Sheikh ends today.<\/strong> Investors, entrepreneurs, policymakers and more than 80 startups are gathering for the event, which also features panel discussions and workshops.<\/p><p><strong>Bok, prijatelji: The Egyptian-Croatian Business Forum meets this Wednesday<\/strong>, 31 March, for the first time since 2010. On the table: Giving a nudge to both trade and investment, <a href=\"https:\/\/www.facebook.com\/FEDCOCEgypt\/posts\/3856820497742689\">a 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>The government\u2019s fuel pricing committee is scheduled to meet next week for its quarterly <\/strong><strong>review of prices.<\/strong> Faced with slightly higher global oil prices, the committee could hike prices this time around, after leaving rates steady since last April, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=28032021&amp;id=a759b13e-8474-4060-8935-f887e24ffafa\">Al Shorouk<\/a> reports, citing unnamed sources. Oil prices rallied over the weekend, partly thanks to the Suez Canal blockage but also because of fresh Houthi attacks on Saudi Aramco\u2019s facilities and expectations that major OPEC+ producers will continue to curb output.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. Blackboard appears every Monday in Enterprise in the place of our traditional industry news roundups.<\/p><p><strong>In today\u2019s issue:<\/strong> Over a year into covid-19, online education remains a core part of student life. Student satisfaction with online learning directly impacts academic engagement and success. <strong>But just how satisfied are Egyptian university students with online learning?<\/strong> A recent joint AUC-GUC research paper sought to find out by surveying 280 undergraduate business students from Egypt\u2019s top ten private universities and state-funded Cairo, Ain Shams, and Helwan universities. We take a look at what it found (hint: flexibility is seen as a plus of online learning, but low interaction levels and internet instability are definitely not).<\/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\/astrazeneca\/\">AstraZeneca<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ipo-watch\/\">IPO watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/macro-group\/\">Macro Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sinopharm\/\">Sinopharm<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"561178\" 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=\"561178\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/561178\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561178\" class=\"content-area-description single-story post-561178 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/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=\"561179\" 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=\"561179\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">COVID WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/more-gift-jabs-from-china-on-the-way-as-we-cross-the-200k-case-mark\/\">\r\n                            More gift jabs from China on the way as we cross the 200k case mark                        <\/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\/29\/more-gift-jabs-from-china-on-the-way-as-we-cross-the-200k-case-mark\/\" 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\/29\/more-gift-jabs-from-china-on-the-way-as-we-cross-the-200k-case-mark\/')\">\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\/29\/more-gift-jabs-from-china-on-the-way-as-we-cross-the-200k-case-mark\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=More gift jabs from China on the way as we cross the 200k case mark&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/more-gift-jabs-from-china-on-the-way-as-we-cross-the-200k-case-mark\/\">\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\/29\/more-gift-jabs-from-china-on-the-way-as-we-cross-the-200k-case-mark\/&title=More gift jabs from China on the way as we cross the 200k case mark\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=More+gift+jabs+from+China+on+the+way+as+we+cross+the+200k+case+mark+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F29%2Fmore-gift-jabs-from-china-on-the-way-as-we-cross-the-200k-case-mark%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\/29\/more-gift-jabs-from-china-on-the-way-as-we-cross-the-200k-case-mark\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561179\" class=\"content-area-description single-story post-561179 post type-post status-publish format-standard hentry category-covid-watch tag-capmas tag-china tag-covid-19 tag-enterpriseam tag-logistics tag-pope-tawadros-ii tag-regulation tag-sinopharm tag-sinovac tag-uae 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>We\u2019re getting yet another gift shipment of Sinopharm \u2014 plus a batch we <\/strong><strong>purchased:<\/strong> China is set to send over another undisclosed number of Sinopharm jab doses as its third gift shipment in the next few days, Chinese ambassador in Cairo Liao Liqiang told Health Minister Hala Zayed yesterday. This comes as a separate batch of the Sinopharm vaccine \u2014 which Egypt purchased from the vaccine maker \u2014 is also set to arrive within days, according to <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1892181107626912\">a statement<\/a> yesterday.<\/p>\n<p><strong>The Sinopharm tally:<\/strong> Beijing has already gifted us with two 300k-dose gift shipments of the vaccine in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5b61a68f-0c3a-4551-9600-189a03070e9b\">February<\/a> and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b5524763-ab2f-4eb3-a685-052091da22da\">March<\/a>. We had also purchased 50k jabs <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/69472ef9-9ee9-4af9-b020-309cccfa9b29\">in December<\/a>, bringing the total number of Sinopharm doses Egypt has taken receipt of to 650k.<\/p>\n<p><strong>A total of 3 mn doses of the Sinopharm jab should have landed in Egypt by the end of May<\/strong>, according to head of the ministry\u2019s preventive medicine department Alaa Eid.<\/p>\n<p><strong>We\u2019re also moving closer to manufacturing the Sinovac vaccine here at home<\/strong> as a delegation of Chinese experts is visiting Egypt soon to inspect state-owned vaccine maker Vacsera\u2019s production lines prior to signing a manufacturing agreement, Zayed said.<\/p>\n<p><strong>Need a refresher on the differences between the Sinovac and Sinopharm jabs?<\/strong> <a href=\"https:\/\/enterprise.press\/stories\/2021\/03\/23\/we-could-make-sinovac-tourism-workers-at-the-head-of-the-line-35942\/\">We\u2019ve got<\/a><a href=\"https:\/\/enterprise.press\/stories\/2021\/03\/23\/we-could-make-sinovac-tourism-workers-at-the-head-of-the-line-35942\/\">you covered<\/a>.<\/p>\n<p><strong>And if you\u2019ve lost track of how many vaccines Egypt has ordered and received overall, or <\/strong><strong>need a recap of when, where, and how you can get inoculated<\/strong>, the Cabinet\u2019s Information and Decision Support Center is out with <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1891971070981249\">a short report and handy infographics<\/a> to get you up to speed.<\/p>\n<p><strong>Pope Tawadros II has got his first jab of the Sinopharm covid-19 vaccine<\/strong>, the Church spokesperson said in <a href=\"https:\/\/www.facebook.com\/CopticSP\/posts\/3941095122595263\">a statement<\/a>.<\/p>\n<p><strong>Some 13.5% of Egyptian families suspect that one of their family members has <\/strong><strong>been infected with covid-19<\/strong> at one point during the pandemic, according to research conducted by state statistics agency <a href=\"https:\/\/ent.news\/2021\/3\/Capmas-covid-on-households.pdf\">Capmas<\/a> conducted in October-December 2020. Almost two-thirds of these said that a high fever was the biggest indication, while 48% confirmed the suspected case through a test. The agency didn\u2019t disclose how many people it surveyed.<\/p>\n<p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/345611083656177?__cft__[0]=AZVM033v9Eb1KAwvSJgMVMyGxiS6GsptIQH0FqvFHqxv14TzZJQ-F2od5zb2h6ETTkj3gDB4hy0qhtYcnbX-PJa57e7ZsFgYkLPdVJ4Uh3VJDFcoM8JrZW-l0UtW1CrRP3p6drMlEsDPrfQUolaT-kdC&__tn__=%2CO%2CP-R\">reported<\/a><\/strong><strong> 686 new covid-19 infections yesterday<\/strong>, up from 683 the day before. The ministry also reported 37 new deaths, bringing the country\u2019s total death toll to 11,882. Egypt has now disclosed a total of 200,050 confirmed cases of covid-19.<\/p>\n<p><strong>The UAE will start commercial production of Sinopharm\u2019s covid-19 vaccine from <\/strong><strong>April<\/strong> under an agreement signed yesterday that is set to make it the first country outside of China to produce the jabs, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-28\/julphar-signs-deal-with-abu-dhabi-firm-to-produce-sinopharm-shot?sref=mmeFTDW1\">Bloomberg<\/a> reported. While it\u2019s not clear how many doses will be manufactured, the pact will see the country become a vaccine supply hub for the Middle East and \u2014 in the words of one analyst \u2014 is \u201ca really clear signal that the UAE is China\u2019s most trusted partner\u201d in the region. The UAE approved the vaccine last year after local late-stage trials showed a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/abeb3580-65c6-492c-a931-1ac75085363a\">86% efficacy rate<\/a> in preventing the virus.<\/p>\n<p><strong>Vaccinating kids and teens is vital to achieving herd immunity<\/strong>, according to <a href=\"https:\/\/www.wsj.com\/articles\/covid-19-shots-for-children-hold-key-to-herd-immunity-11616923801?mod=hp_lead_pos8\">the Wall Street Journal<\/a>. This isn\u2019t going to be possible until later this year or early 2022 at the earliest: manufacturers are still testing their vaccines to ensure that they\u2019re safe when given to children.<\/p>\n<p><strong>Vaccine passports are coming soon to the US<\/strong>, with the White House and private sector firms currently working on laying out standards on the digital certificates that will serve as proof that a US citizen has been vaccinated against covid-19, <a href=\"https:\/\/www.washingtonpost.com\/health\/2021\/03\/28\/vaccine-passports-for-work\/\">the Washington Post<\/a> reports. The passports will be available through mobile apps without charge, developers told the newswire. The US is the latest to hop on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e41a34dd-5a2e-4a2a-801e-214548643768\">the bandwagon<\/a> as China, Singapore, Canada and the EU have all signalled they are rolling out or could roll out the documents.<\/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\/capmas\/\">CAPMAS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/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\/pope-tawadros-ii\/\">Pope Tawadros II<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sinopharm\/\">Sinopharm<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sinovac\/\">Sinovac<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/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=\"561180\" 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=\"561180\">\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\">IPO<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/macro-announces-price-range-for-ipo\/\">\r\n                            Macro announces 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\/29\/macro-announces-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(); 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The transaction will see 45.8% \u2014 or some 264.5 mn shares \u2014 of Egypt\u2019s largest and fastest-growing cosmeceutical company offered in a secondary sale. The indicative price range values the company, pre-offering, at between EGP 3.1 bn and EGP 3.6 bn. The sale will include offerings to institutional investors in Egypt and abroad, as well as a retail offering for investors in Egypt only.<\/p>\n<p><strong>The timeline:<\/strong> Macro is kicking off the <strong>bookbuilding<\/strong> process now and will set a final offer price around 11 April. The <strong>subscription period for the retail portion<\/strong> of the offering is slated for 8-14 April. The issuer\u2019s shares are expected to be listed on the EGX on or around this Wednesday, 31 March, with <strong>trading scheduled to begin on 19 April<\/strong>, give or take. That puts Macro on track to stick with its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1e88c485-96ea-49fe-8ead-e309bec221b6\">initially announced timeline<\/a> of pulling the trigger by late 1Q2021 or early 2Q2021.<\/p>\n<p><strong>What\u2019s Macro? <\/strong>The company, established in 2005, has a market share of just over 23%, or about 3x its closest competitor, with some 124 cosmeceutical products and one neutraceutical; it has nearly 80 additional products ready to roll out in 1Q and 2Q 2021. Macro sells its products over the counter, but physicians are its best allies: The company has over 550 people in its medical sales force that targets physicians and pharmacies nationwide and figures that \u201c85% of sales are estimated to be initially generated via prescription at the physician level.\u201d Despite the challenges of covid-19, Macro last year reported revenues of EGP 430.5 mn (with a 2018-2020 CAGR of 34%) and EBITDA of 187 mn (92% CAGR on the same period). The company\u2019s bottom line last year came in at 135.1 mn, good for a net margin of about 31%.<\/p>\n<p><strong>Advisors:<\/strong> CI Capital and Renaissance Capital are joint global coordinators and joint bookrunners. White & Case is international and (with MHR & Partners) local counsel, while Dechert LLP and Zaki Hashem & Partners are counsels to the joint global coordinators and bookrunners. Inktank is investor relations advisor.<\/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\/egx\/\">EGX<\/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\/macro-group\/\">Macro Group<\/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=\"561182\" 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=\"561182\">\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\">Suez Canal<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/heave\/\">\r\n                            Heave\u2026                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/heave\/\" 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\/29\/heave\/')\">\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\/29\/heave\/\">\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=Heave\u2026&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/heave\/\">\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\/29\/heave\/&title=Heave\u2026\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Heave%E2%80%A6+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F29%2Fheave%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\/29\/heave\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/339.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"561183\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/heave\/339-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/339.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"339.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/339.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/339.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561182\" class=\"content-area-description single-story post-561182 post type-post status-publish format-standard has-post-thumbnail hentry category-suez-canal tag-enterpriseam tag-ever-given tag-russia tag-suez-canal 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>We\u2019re entering the sixth day of <\/strong><strong>work to re-float the Ever Given.<\/strong> Additional tug boats are arriving at the Suez Canal this morning to assist in dislodging the mega-vessel, after the Dutch-flagged Alp Guard <a href=\"https:\/\/www.facebook.com\/photo\/?fbid=10159717176864614&set=a.10151111767439614\">arrived yesterday night<\/a> on site as dredgers continue to remove sand from underneath the ship and mud caked to its port side, <a href=\"http:\/\/tiny.cc\/akbvtz\">Al Shorouk<\/a> reports. Another tug boat, Italy\u2019s Carlo Magno, was also expected to arrive overnight, Kelma Akhira\u2019s Lamees El Hadidi said (<a href=\"https:\/\/www.youtube.com\/watch?v=h8T6ajn-VHU\">watch, runtime: 3:00<\/a>). The two additional boats \u2014 which have a stronger bollard pull than other tug boats currently available \u2014 will likely be used on the stern of the ship, while the others will pull the bow, former Suez Canal Authority (SCA) board member Wael Kaddour told Lamees (<a href=\"https:\/\/www.youtube.com\/watch?v=QMnJ_Fe4Gl0\">watch, runtime: 10:58<\/a>)<\/p>\n<p><strong>The SCA is still pushing ahead with dredging work around the bow of the Ever Given<\/strong> and has so far reached a depth of 18 meters to facilitate efforts to re-float the wedged ship, SCA boss Osama Rabie said in <a href=\"https:\/\/www.facebook.com\/SuezCanalAuthorityEG\/photos\/pcb.418199453154425\/418199316487772\/\">a statement<\/a>.<\/p>\n<p><strong>Could the situation be cleared up by today?<\/strong> Presidential advisor for canal projects (and former SCA chief) Mohab Mamish thinks so, telling El Hekaya\u2019s Amr Adib last night that authorities are optimistic that the ship will be dislodged today as dredging work continues (<a href=\"https:\/\/www.youtube.com\/watch?v=wDeL16eLoMY\">watch, runtime: 28:36<\/a>).<\/p>\n<p><strong>If all else fails, we\u2019ll move to the last resort of offloading some containers \u2014 but there\u2019s a limit on how much can be done there, and how fast.<\/strong> A maximum of 20 containers can be unloaded per hour, and authorities would have to figure out some logistical issues, including where to take the offloaded containers since there are no ports near the vessel, former authority head Mahfouz Taha said, according to <a href=\"https:\/\/bit.ly\/3u3v5p6\">Al Mal<\/a>. With the cranes currently available at the canal, this process could take some 10 days, Kaddour estimates, at which point he suggests more shipping lines will reroute to the Cape of Good Hope. President Abdel Fattah El Sisi had ordered authorities yesterday to begin preparations to offload some of the containers on the ship, and ship owner Shoei Kisen had <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3bd290ab-fb50-4c27-b00c-a3ec143e0b0b\">proposed the same course of action<\/a> over the weekend.<\/p>\n<p><strong>Russia and Germany are the latest to offer their help:<\/strong> Moscow is willing to provide \u201cany possible assistance\u201d to re-float the Ever Given, Russian Ambassador to Cairo Georgy Borisenko told Russian state-run news agency <a href=\"https:\/\/ria.ru\/20210328\/sudno-1603202654.html\">RIA Novosti<\/a> yesterday. Germany\u2019s Ambassador to Egypt Cyril Nunn said <a href=\"https:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/407966\/Egypt\/Politics-\/Germany-will-help-Egypt-with-Suez-Canal-blockage-i.aspx\">Berlin is also ready to step in<\/a> if asked. The US and Turkey also offered a helping hand <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3bd290ab-fb50-4c27-b00c-a3ec143e0b0b\">over the weekend<\/a>, saying they are prepared to dispatch special equipment and vessels.<\/p>\n<p><strong>Annual trade growth could drop 0.2 to 0.4 percentage points with every week the canal remains blocked<\/strong>, German ins. giant Allianz said, according to the <a href=\"https:\/\/www.wsj.com\/articles\/suez-canal-crisis-sends-shipping-lines-scrambling-for-alternatives-11616951891?mod=hp_lead_pos1\">Wall Street Journal<\/a>. And each day is costing Egypt around USD 14 mn in foregone revenues from ships passing through the canal, Rabie said earlier this week.<\/p>\n<p><strong>The stranded vessel has been blocking the canal since Tuesday<\/strong> and salvage teams had been working to dislodge it with dredgers and tugboats. <strong>There are now more than <\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-28\/progress-made-in-moving-ship-more-vessels-diverted-suez-update?sref=mmeFTDW1\">450 vessels<\/a><\/strong><strong> waiting to move through the Canal<\/strong>, including 25 oil tankers. And there are more scheduled to arrive over the next few hours, Mamish told Al Arabiya yesterday night (<a href=\"https:\/\/www.youtube.com\/watch?v=qcv_oJzwYAY\">watch, runtime: 8:13<\/a>).<\/p>\n<p><strong>As some ships continue to pour into the canal, others are joining the <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3bd290ab-fb50-4c27-b00c-a3ec143e0b0b\">growing list<\/a><\/strong><strong> of those taking the long way around:<\/strong> Two dozen more ships are now going around the Cape of Good Hope, including <a href=\"https:\/\/www.hapag-lloyd.com\/en\/news-insights\/news\/2021\/03\/suez-canal-blocked-by-container-vessel-leads-to-delay.html\">six Hapag-Lloyd vessels<\/a> and 15 others from <a href=\"https:\/\/www.maersk.com\/news\/articles\/2021\/03\/24\/vessel-blockage-in-the-suez-canal\">Maersk Global<\/a>.<\/p>\n<p><strong>The SCA wants to make it worthwhile for the ships sticking it out: <\/strong>Vessels waiting for the Ever Given to be refloated could be compensated for the delay through further haircuts on crossing fees (beyond those the SCA <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ed4bfa24-0a5b-4a8d-a214-4f3879d537cb\">already provides<\/a>), as well as through other incentives that haven\u2019t yet been specified, Rabie said.<\/p>\n<p><strong>Satellite footage showing the Ever Given\u2019s journey before it got stuck made the rounds on last night\u2019s talk shows<\/strong>, with Masaa DMC\u2019s Eman El Hosary among those taking note. Initial reports and analysis of its movement indicate the ship was \u201cswinging\u201d in the canal, El Hosary said (<a href=\"https:\/\/www.youtube.com\/watch?v=QcyQlRhpBGA\">watch, runtime: 14:23<\/a>). Al Hayah Al Youm\u2019s Lobna Assal also had coverage (<a href=\"https:\/\/www.youtube.com\/watch?v=TuRkYuXkah0\">watch, runtime: 2:28<\/a>).<\/p>\n<p><strong>Do you think you could\u2019ve done a better job of steering the ship?<\/strong> <a href=\"https:\/\/edition.cnn.com\/interactive\/2021\/03\/cnnix-steership\/\">This game<\/a>, courtesy of CNN, will give you the daily recommended serving of humble pie.<\/p>\n<p><strong>THE FALLOUT:<\/strong><\/p>\n<ul>\n<li><strong>Syria has decided to ration its already scarce oil supply as an LNG tanker to the <\/strong><strong>country is now anchored among the stranded cargo ships<\/strong>, in a sign of the knock-on effects that could further exacerbate the country\u2019s fuel crisis, Syrian state-run news agency <a href=\"http:\/\/sana.sy\/en\/?p=227724\">SANA<\/a> reports.<\/li>\n<li><strong>Are we building ships too big?<\/strong> The Ever Given saga has brought to light the trouble with mammoth shipping containers, which may have outgrown available port and logistics infrastructure in their pursuit of further efficiency, the <a href=\"https:\/\/www.ft.com\/content\/3dc797d0-7268-49a4-b0b5-3d11479cbe7f\">Financial Times<\/a> reports. Though megaships are estimated to be 7x as energy efficient as road transport, stacking containers higher makes ships more susceptible to winds, and building them wider makes them more difficult to steer. It was a worst-case scenario that many analysts, who described MVs as a \u201c[play] on globalisation,\u201d saw coming after being years in the making, particularly evident at the Suez Canal banks, according to <a href=\"https:\/\/www.theguardian.com\/world\/2021\/mar\/28\/analysis-ever-given-suez-canal-foreseen-by-many\">the Guardian<\/a>.<\/li>\n<li><strong>We may be too reliant on the sea for trade <\/strong>\u2014 at least that\u2019s what China seems to be indicating. Chinese manufacturers are rapidly expanding the volume of goods they send overland to Europe in a bid to bypass covid-19 induced disruptions at ports that have sent prices skyrocketing, <a href=\"https:\/\/www.ft.com\/content\/8bcd9ded-b094-4562-8766-d7250ac4851b\">the FT<\/a> says. China has sent more than 2k freight trains to Europe in the first two months of the year \u2014 double the number it sent in the same period in 2020 \u2014 as the lower costs and fewer delays make rail a more attractive option.<\/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\/ever-given\/\">Ever Given<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"561184\" 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=\"561184\">\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\">Politics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/all-the-livelong-day\/\">\r\n                            \u2026all the livelong day                        <\/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\/29\/all-the-livelong-day\/\" 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\/29\/all-the-livelong-day\/')\">\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\/29\/all-the-livelong-day\/\">\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=\u2026all the livelong day&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/all-the-livelong-day\/\">\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\/29\/all-the-livelong-day\/&title=\u2026all the livelong day\">\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=%E2%80%A6all+the+livelong+day+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F29%2Fall-the-livelong-day%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\/29\/all-the-livelong-day\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/340.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"561185\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/all-the-livelong-day\/340-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/340.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"340.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/340.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/340.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561184\" class=\"content-area-description single-story post-561184 post type-post status-publish format-standard has-post-thumbnail hentry category-_newspack_politics tag-agriculture tag-commodities tag-enterpriseam tag-infrastructure tag-legislation-watch tag-politics tag-regulation tag-transport wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>MPs are calling for a joint parliamentary committee to oversee plans to upgrade <\/strong><strong>the country\u2019s ailing railway infrastructure<\/strong> in response to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2bcf3978-5ef1-496c-aa08-47cf1436e86e\">Friday\u2019s train crash in Sohag<\/a> that killed at least 19 people and left 185 injured, <a href=\"https:\/\/bit.ly\/3d8nlew\">Al Mal<\/a> reports. The committee \u2014 which would be made up of the transport, communications, and budgeting and planning committees, among others \u2014 would investigate how funds are being allocated to railway upgrades and call on Transport Minister Kamel El Wazir to draft a comprehensive plan to improve rail safety through more automation in control and signaling. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2bcf3978-5ef1-496c-aa08-47cf1436e86e\">El Wazir said<\/a> following the incident that the government has earmarked EGP 225 bn for the rail network.<\/p>\n<p>The transport minister\u2019s absence from parliamentary proceedings yesterday drew criticisms from some MPs, including the deputy head of the House Budgeting Committee Moustafa Salem, Al Mal says.<\/p>\n<p><strong>Friday\u2019s tragedy has prompted fresh national outcry over the state of the country\u2019s rail network<\/strong>, which Prime Minister Moustafa Madbouly admitted has suffered \u201cdecades of neglect.\u201d Official figures show that thousands of incidents have occurred over the past decade. The most recent major crash happened in 2019, when <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/28\/at-least-20-killed-in-ramsis-station-train-accident-minister-resigns\/\">a train ploughed into a platform in Cairo\u2019s main Ramses Station<\/a>, which <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3e677e4a-2426-4bf8-8aa4-099d85999e64\">killed 31 people and injured more than 40<\/a>.<\/p>\n<p><strong>ALSO FROM THE FLOOR OF THE HOUSE-<\/strong> <strong>A bill to amend the law governing the Cotton Arbitration and Testing General Organization<\/strong>, and grant the authority oversight over all stages of the ginning process, <a href=\"https:\/\/bit.ly\/2PCagBW\">was approved<\/a> by the House yesterday. The amendments impose a maximum jail sentence of six months and a maximum fine of EGP 1 mn for anyone found to have obstructed access to cotton records. The bill will now make its way to the State Council (Maglis El Dawla) for a final review before being ratified by the president.<\/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\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-watch\/\">Legislation Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561186\" 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=\"561186\">\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\">COMPETITION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/the-latest-on-eastern-co\/\">\r\n                            The latest on Eastern Co.                        <\/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\/29\/the-latest-on-eastern-co\/\" 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\/29\/the-latest-on-eastern-co\/')\">\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\/29\/the-latest-on-eastern-co\/\">\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 latest on Eastern Co.&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/the-latest-on-eastern-co\/\">\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\/29\/the-latest-on-eastern-co\/&title=The latest on Eastern Co.\">\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+latest+on+Eastern+Co.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F29%2Fthe-latest-on-eastern-co%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\/29\/the-latest-on-eastern-co\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561186\" class=\"content-area-description single-story post-561186 post type-post status-publish format-standard hentry category-competition-watch tag-british-american-tobacco-egypt tag-competition-watch tag-eastern-company tag-egyptian-competition-authority tag-enterpriseam tag-federation-of-egyptian-industries tag-imperial-tobacco tag-industrial-development-authority tag-jti-nakhla-tobacco tag-mansour-group tag-tobacco wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-05\" class=\"content-anchor\"><\/a> <strong>New, more competitive terms for <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fc6218c5-a369-4987-b5ec-3e9aa59744bb\">the license<\/a><\/strong><strong> to establish Egypt\u2019s second major <\/strong><strong>tobacco company could be introduced<\/strong> after several tobacco players filed a formal complaint with the Federation of Egyptian Industries\u2019 tobacco division. The complaint looks to scrap the conditions booklet the Industrial Development Authority (IDA) had issued for the license auction, head of the Division Ibrahim Imbaby told <a href=\"https:\/\/bit.ly\/3rpYmZi\">Al Shorouk<\/a>. The companies also want to see an independent committee bringing together the finance and public enterprises ministries, the Egyptian Competition Authority (ECA), the IDA and the Tobacco Division to lay down guidelines for the new conditions booklet, Imbaby added.<\/p>\n<p><strong>The complaint follows a <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e9ab1edb-e80e-4a07-a581-5b7effab2569\">separate grievance<\/a><\/strong><strong> that tobacco players reportedly filed with the ECA<\/strong> last week over allegations of antitrust practices, arguing that the new company\u2019s effective monopoly on e-cigarettes and heated tobacco would be a breach of the Competition Protection Act.<\/p>\n<p><strong>Background: <\/strong>The IDA issued almost two week agos a tender for the license, which would (sort of) end Eastern\u2019s monopoly on the tobacco industry. The authority invited several local and international players to compete in the tender, the results of which will be based on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f636aa38-0a36-410d-b9b2-ff9fad1ae5ee\">a point-count system<\/a>. Current state-owned monopoly Eastern Company would own 24% of the new entrant, which would also be required to price its popular brands 50% higher than Eastern\u2019s. So far, an unnamed Emirati bidder has reportedly expressed interest. Foreign players are lobbying for a two-month extension on the deadline for bids, which is set on Sunday, 4 April, to allow time for technical and feasibility studies \u2014 and also wait for possible change to the tender\u2019s terms.<\/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\/british-american-tobacco-egypt\/\">British American Tobacco Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/competition-watch\/\">competition watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eastern-company\/\">Eastern Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-competition-authority\/\">Egyptian Competition Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/federation-of-egyptian-industries\/\">Federation of Egyptian Industries<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/imperial-tobacco\/\">Imperial Tobacco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/industrial-development-authority\/\">Industrial Development Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/jti-nakhla-tobacco\/\">JTI-Nakhla Tobacco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mansour-group\/\">Mansour Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tobacco\/\">tobacco<\/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=\"561187\" 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=\"561187\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/\">\r\n                            EK Holding increases stake in Alexandria Fertilizers                        <\/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\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/\" 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\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/')\">\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\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/\">\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=EK Holding increases stake in Alexandria Fertilizers&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/\">\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\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/&title=EK Holding increases stake in Alexandria Fertilizers\">\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=EK+Holding+increases+stake+in+Alexandria+Fertilizers+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F29%2Fek-holding-increases-stake-in-alexandria-fertilizers%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\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561187\" class=\"content-area-description single-story post-561187 post type-post status-publish format-standard hentry category-ma-watch tag-al-ahly-pharos tag-banque-misr tag-egypt-kuwait-holding tag-enterpriseam tag-ma-watch tag-misr-capital wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EK Holding has reportedly purchased a 10% stake in Alexandria Fertilizers in a USD<\/strong><strong> 50 mn transaction<\/strong>, according to a report in Al Mal\u2019s print edition, which cites sources with knowledge of the transaction. EKH, which already owned a 45% stake in the company, acquired the bulk of the shares from Banque Misr\u2019s investment arm Misr Capital, which sold its 4.16% stake for USD 14.7 mn, the sources said. EKH also raised its indirect stake in Alexandria Fertilizers by purchasing another 10% stake in Kuwait Gate Holding \u2014 one of Alexandria Fertilizers shareholders \u2014 in a USD 38.5 mn transaction. Pharos Holding executed both transactions on the OTC market.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/al-ahly-pharos\/\">Al Ahly Pharos<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banque-misr\/\">Banque Misr<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-kuwait-holding\/\">Egypt Kuwait Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/misr-capital\/\">Misr Capital<\/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=\"561188\" 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=\"561188\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/more-covid-help-for-tourism-airlines\/\">\r\n                            More covid help for tourism, airlines                        <\/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\/29\/more-covid-help-for-tourism-airlines\/\" 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\/29\/more-covid-help-for-tourism-airlines\/')\">\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\/29\/more-covid-help-for-tourism-airlines\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=More covid help for tourism, airlines&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/more-covid-help-for-tourism-airlines\/\">\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\/29\/more-covid-help-for-tourism-airlines\/&title=More covid help for tourism, airlines\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=More+covid+help+for+tourism%2C+airlines+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F29%2Fmore-covid-help-for-tourism-airlines%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\/29\/more-covid-help-for-tourism-airlines\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561188\" class=\"content-area-description single-story post-561188 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-khaled-el-anany tag-madbouly-cabinet tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Tourism companies, hotels and private airlines are up for another six-month<\/strong><strong> holiday on their debt, tax, and utilities holiday until this October.<\/strong> Cabinet\u2019s Tourism and Antiquities Committee signed off on the proposal ahead of taking it to the Council of Ministers for a final decision, according to <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1892300457614977\">a statement<\/a> yesterday. The stimulus measure, first introduced in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/aa672b5a-733e-4c75-a157-f99e6628b23c\">April 2020<\/a> to prop up the tourism and aviation industries through the pandemic, was originally set to expire last October before being extended until the end of 2020 and then until <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9252128b-6304-467b-bcfd-345881f212e7\">the end of this coming April<\/a> as the pandemic continued to batter the tourism industry.<\/p>\n<p><strong>The sector has been getting back on its feet:<\/strong> Nearly 2 mn tourists visited Egypt since the lifting of internal border controls to allow commercial flights in July, Tourism Minister Khaled El Anany has said. El Anany previously said Egypt could see a return to pre-covid visitor numbers as early as <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/093c4b68-9f7e-42a5-bcaa-05f89fb4b473\">fall 2022<\/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\/khaled-el-anany\/\">Khaled El Anany<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/madbouly-cabinet\/\">Madbouly Cabinet<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561189\" 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=\"561189\">\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\">INFRASTRUCTURE WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/a-second-major-desert-reclamation-mega-project\/\">\r\n                            A second major desert reclamation mega-project                        <\/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\/29\/a-second-major-desert-reclamation-mega-project\/\" 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\/29\/a-second-major-desert-reclamation-mega-project\/')\">\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\/29\/a-second-major-desert-reclamation-mega-project\/\">\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 second major desert reclamation mega-project&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/a-second-major-desert-reclamation-mega-project\/\">\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\/29\/a-second-major-desert-reclamation-mega-project\/&title=A second major desert reclamation mega-project\">\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+second+major+desert+reclamation+mega-project+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F29%2Fa-second-major-desert-reclamation-mega-project%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\/29\/a-second-major-desert-reclamation-mega-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561189\" class=\"content-area-description single-story post-561189 post type-post status-publish format-standard hentry category-infrastructure-watch tag-abdel-fattah-el-sisi tag-enterpriseam tag-infrastructure-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Another 1 mn feddans of desert land near Egypt\u2019s northwestern coastline are <\/strong><strong>slated for reclamation<\/strong> as part of a new national mega-project, according to <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/1120735405112505?__cft__[0]=AZWiemYSG9MHcXoyAKus7yHfw6quoxkfeBMYKjmZr1fDiNfQ40g1NQNB5Ruw7Pw7bxRLvTW07V-VoTrlkq2qUVepabi9-MxQp2oBE_-qbJsLn2sd4T1yWyBaZHLlZvxpMV8BpQxDG_87QzrKb3qWDHi9&__tn__=%2CO%2CP-R\">an Ittihadiya statement<\/a>. President Abdel Fattah El Sisi instructed his government yesterday to \u201cimmediately\u201d move ahead with implementing the project, which is designed to create a new area of agricultural production dubbed the \u201cNew Delta,\u201d according to the statement. The area will include industrial complexes that are built around agricultural production, the statement says, without providing further details.<\/p>\n<p><strong>The project should be complete within two years<\/strong>, Agriculture Minister El Sayed El Quseir told Ala Mas\u2019ouleety\u2019s Ahmed Moussa. The project has already undergone feasibility studies from the Agriculture Ministry, Cairo University, and Alexandria University (<a href=\"https:\/\/www.youtube.com\/watch?v=yZ4RuJOc0I8\">watch, runtime: 26:56<\/a>).<\/p>\n<p><strong>This is not the same as the <\/strong><strong><a href=\"https:\/\/egy-map.com\/project\/%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%A7%D9%84%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%88%D9%86%D8%B5%D9%81-%D8%A7%D9%84%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%81%D8%AF%D8%A7%D9%86\">1.5 mn feddan project<\/a><\/strong>, which El Sisi announced back in 2015 as one of several national mega projects. That project involves tendering a vast expanse of land in the Western Desert to qualified investors and aims to increase the size of Egypt\u2019s arable land by 20%.<\/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\/infrastructure-watch\/\">infrastructure watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561190\" 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=\"561190\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/eipico-appoints-ahmed-kilani-as-chairman-and-managing-director\/\">\r\n                            EIPICO appoints Ahmed Kilani as chairman and managing director                        <\/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\/29\/eipico-appoints-ahmed-kilani-as-chairman-and-managing-director\/\" 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\/29\/eipico-appoints-ahmed-kilani-as-chairman-and-managing-director\/')\">\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\/29\/eipico-appoints-ahmed-kilani-as-chairman-and-managing-director\/\">\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=EIPICO appoints Ahmed Kilani as chairman and managing director&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/eipico-appoints-ahmed-kilani-as-chairman-and-managing-director\/\">\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\/29\/eipico-appoints-ahmed-kilani-as-chairman-and-managing-director\/&title=EIPICO appoints Ahmed Kilani as chairman and managing director\">\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=EIPICO+appoints+Ahmed+Kilani+as+chairman+and+managing+director+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F29%2Feipico-appoints-ahmed-kilani-as-chairman-and-managing-director%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\/29\/eipico-appoints-ahmed-kilani-as-chairman-and-managing-director\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561190\" class=\"content-area-description single-story post-561190 post type-post status-publish format-standard hentry category-moves tag-eipico tag-enterpriseam tag-federation-of-egyptian-industries tag-moves wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>MOVES- <\/strong><strong>Ahmed Saeed Kilani<\/strong> has been named <strong>chairman and <\/strong><strong>managing director of EIPICO<\/strong> (the Egyptian International Pharma Industries), the company said in an <a href=\"https:\/\/ent.news\/2021\/3\/EIPICO-Ahmed-Kilani-appointment.pdf\">EGX filing (pdf)<\/a>. Kilani <a href=\"http:\/\/www.fei.org.eg\/index.php\/en\/pharmaceutical-chamber-board-members\">is currently<\/a> a board member of the Federation of Egyptian Industries (where he heads the food supplement division) and serves as the chairman of the Arab Company for Pharma and Medicinal Plants.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eipico\/\">Eipico<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/federation-of-egyptian-industries\/\">Federation of Egyptian Industries<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moves\/\">moves<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561191\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"561191\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/561191\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561191\" class=\"content-area-description single-story post-561191 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/www.sodic.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/Sodic-The-Estate1-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561192\" 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=\"561192\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/last-nights-talk-shows-on-29-march-2021\/\">\r\n                            Last Night\u2019s Talk Shows on 29 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\/29\/last-nights-talk-shows-on-29-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\/29\/last-nights-talk-shows-on-29-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\/29\/last-nights-talk-shows-on-29-march-2021\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Last Night\u2019s Talk Shows on 29 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/last-nights-talk-shows-on-29-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\/29\/last-nights-talk-shows-on-29-march-2021\/&title=Last Night\u2019s Talk Shows on 29 March 2021\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Last+Night%E2%80%99s+Talk+Shows+on+29+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F29%2Flast-nights-talk-shows-on-29-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\/29\/last-nights-talk-shows-on-29-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561192\" class=\"content-area-description single-story post-561192 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterpriseam tag-fgm tag-last-nights-talk-shows tag-legislation-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>FGM penalties in the limelight:<\/strong> Aside from wall-to-wall coverage of the latest in the Suez Canal (which we recap in full above), the legislative amendments that would impose harsher penalties for FGM was at the top of the talking heads\u2019 agendas last night.<\/p>\n<p><strong>In the hot seat: The ultra-conservative Al Nour Party, which opposed the bill<\/strong> on the grounds that penalizing the practice hasn\u2019t successfully eradicated it, party member and House representative Ahmed Hamdy told El Hekaya\u2019s Amr Adib. Hamdy suggested that relying on community outreach would be more effective in ending the types of mutilation that disfigure or harm women, but maintained that his party believes (without a single shred of scientific evidence) there are some circumstances in which the practice is medically necessary. Hamdy also suggested that \u201cmedical opinions change,\u201d which means that statements being made now indicating that FGM is never medically necessary \u201ccould be proven wrong\u201d in the future (<a href=\"https:\/\/www.youtube.com\/watch?v=zE_zbXSvBck\">watch, runtime: 3:56<\/a>).<\/p>\n<p><strong>We\u2019ll leave Adib\u2019s raised eyebrows and particularly high decibel level to speak on our behalf here<\/strong> and suggest that Mr. Hamdy can now go crawl back under the rock from whence he came. For anyone who needs a reminder, the practice is called mutilation, which isn\u2019t exactly how one would expect to describe a normal medical procedure, OB-GYN Omar Abdel Aziz told Adib (<a href=\"https:\/\/www.youtube.com\/watch?v=9c25vhD48tg\">watch, runtime: 0:47<\/a>).<\/p>\n<p><strong>Also on the airwaves last night:<\/strong><\/p>\n<ul>\n<li><strong>The current uptick in covid-19 cases is mostly minor cases<\/strong>, but everyone should remain cautious regardless, professor of chest diseases at Kasr El Ainy Maisa Sharafeldin said. (Eman El Hosary on Masaa DMC | <a href=\"https:\/\/www.youtube.com\/watch?v=7ktBLEsuR4w\">watch, runtime: 7:56<\/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\/fgm\/\">FGM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/last-nights-talk-shows\/\">LAST NIGHT\u2019S TALK SHOWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-watch\/\">Legislation Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561193\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 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   \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/egypt-in-the-news-on-29-march-2021\/\">\r\n                            Egypt in the News on 29 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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hentry category-egypt-in-the-news tag-djibouti tag-economy tag-enterpriseam tag-feminism tag-greece tag-nawal-el-saadawi tag-nile-basin tag-oil-and-gas tag-somalia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>We have a mixed bag of nuts from the foreign press<\/strong> this morning, which otherwise remains squarely focused on the Suez Canal debacle. Among the headlines to skim:<\/p>\n<ul>\n<li><strong>Egypt is seeking to strengthen economic ties <\/strong><strong>with Horn of Africa and Nile Basin countries<\/strong> like Somalia and Djibouti in a bid to gain their support in the GERD dispute. (<a href=\"https:\/\/www.al-monitor.com\/originals\/2021\/03\/egypt-eyes-economic-foothold-djibouti\">Al Monitor<\/a>)<\/li>\n<li><strong>Egypt and Greece\u2019s cooperation policies in the East Med are likely to<\/strong><strong> determine the region\u2019s energy geopolitics, <\/strong>especially the 2020 partial maritime delimitation agreement that nullifies a Turkish-Libyan MOU claiming exploration rights in the area (<a href=\"https:\/\/moderndiplomacy.eu\/2021\/03\/28\/greece-and-egypt-game-changers-in-the-east-mediterraneans-energy-geopolitics\/\">Modern Policy<\/a>)<\/li>\n<li><strong>Nawal El Saadawi gets another obit<\/strong>, this time being memorialized as the \u201cgodmother\u201d of Egyptian feminism. (<a href=\"https:\/\/www.mainepublic.org\/post\/godmother-egyptian-feminism-has-died-remembering-nawal-el-saadawi\">Maine Public Radio<\/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\/djibouti\/\">Djibouti<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/feminism\/\">feminism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/greece\/\">Greece<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nawal-el-saadawi\/\">Nawal El Saadawi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nile-basin\/\">Nile Basin<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/somalia\/\">Somalia<\/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=\"561195\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561196\" 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=\"561196\">\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\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/what-the-markets-are-doing-on-29-march-2021\/\">\r\n                            What the markets are doing on 29 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\/29\/what-the-markets-are-doing-on-29-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\/29\/what-the-markets-are-doing-on-29-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\/29\/what-the-markets-are-doing-on-29-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 the markets are doing on 29 March 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/what-the-markets-are-doing-on-29-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\/29\/what-the-markets-are-doing-on-29-march-2021\/&title=What the markets are doing on 29 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+the+markets+are+doing+on+29+March+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F03%2F29%2Fwhat-the-markets-are-doing-on-29-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\/29\/what-the-markets-are-doing-on-29-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561196\" class=\"content-area-description single-story post-561196 post type-post status-publish format-standard hentry category-planet-finance tag-enterpriseam tag-financial-markets tag-hedge-funds tag-investment-watch tag-margin-calls tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_408150\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408151.svg\" alt=\"\" class=\"wp-image-408151\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Major US and Chinese tech firms on Wall Street lost a combined USD 33 bn in market cap on <\/strong><strong>Friday<\/strong> after a mysterious USD 19 bn sell-off left investors positing that a big hedge fund or family investment office was looking to wind down bns worth of positions, the <a href=\"https:\/\/www.ft.com\/content\/1b9119b2-0d8b-4a9d-b0a2-d10a021cd71b\">Financial Times<\/a> reports. The sell-off saw brokers offering prominent stocks in \u201cblock trades,\u201d which involve offering large chunks of stocks at prices negotiated outside the market. Though a common phenomenon, the size of the sales and the fact they took place within normal trading hours is \u201cunprecedented,\u201d traders told <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-27\/-unprecedented-wall-street-ponders-goldman-s-block-trade-spree?sref=mmeFTDW1\">Bloomberg<\/a>, leaving investment managers wondering whether markets can expect another wave of block trades today.<\/p><p><strong><a href=\"https:\/\/finance.yahoo.com\/news\/tiger-cub-hwang-family-office-161118088.html\">Bloomberg<\/a><\/strong><strong> says the family office of former Tiger Management trader Bill Hwang<\/strong> was behind the sales.<\/p><p><strong>A select number of seasoned bond bulls are going against the current by banking <\/strong><strong>on a medium term drop in US treasury yields<\/strong>, and are piling into cheap bonds now in anticipation of a price rise as yields slump, the <a href=\"https:\/\/www.wsj.com\/articles\/bond-bulls-charge-ahead-challenging-consensus-on-rising-yields-11616923802?mod=hp_lead_pos3\">Wall Street Journal<\/a> writes. A burst of economic optimism off the back of a vaccine recovery and government stimulus package will not be enough to buoy yields much further beyond their current rates, says chief investment strategist at PGIM Fixed Income Robert Tipp, who believes that structural factors such as an ageing population and rising private sector debt will soon push yields down. \u201cWhen the economy recovers strongly like it is right now, investors push up yields, but a lot of times, actually most of the time, they tend to pass through fair value and keep going,\u201d he said.<\/p><div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table table-striped markets-table\">\n<tbody>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>10,868<\/p>\n<\/td>\n<td>\n<ul>\n<li> (YTD: +0.2%)<\/li>\n<\/ul>\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 15.68<\/p>\n<\/td>\n<td>\n<p>Sell 15.78<\/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 15.67<\/p>\n<\/td>\n<td>\n<p>Sell 15.77<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>9,483<\/p>\n<\/td>\n<td>\n<p>+0.7% (YTD: +9.1%)<\/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>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>5,757<\/p>\n<\/td>\n<td>\n<p>+0.5% (YTD: +14.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,500<\/p>\n<\/td>\n<td>\n<p>+0.2% (YTD: +0.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>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-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 64.47<\/p>\n<\/td>\n<td>\n<p>-0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.58<\/p>\n<\/td>\n<td>\n<p>+0.8%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,732.50<\/p>\n<\/td>\n<td>\n<p>-0.1%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 55,435.36<\/p>\n<\/td>\n<td>\n<p>-0.6%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><p><strong>The EGX30 ended yesterday\u2019s session flat<\/strong> on turnover of EGP 685 mn (53.5% below the 90-day average). Foreign investors were net sellers. The index is up 0.2% YTD.<\/p><p><strong>In the green: <\/strong>Pioneers (+3.3%), Oriental Weavers (+2.2%) and Telecom Egypt (+2.1%).<\/p><p><strong>In the red: <\/strong>Eastern Co. (-2.1%), Export Development Bank (-1.4%) and GB Auto (-1.3%).<\/p><p><strong>It\u2019s green as far as the eye can see in Asia <\/strong>this morning, with Japan\u2019s Nikkei leading the gainers. Futures have Europe and Toronto opening handily in the green later today, while suggesting that in Wall Street the Dow, S&amp;P and Nasdaq will all be in the red at the opening bell.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-markets\/\">Financial Markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hedge-funds\/\">hedge funds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/margin-calls\/\">margin calls<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/planet-finance\/\">Planet Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561197\" 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=\"561197\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/around-the-world-on-29-march-2021\/\">\r\n                            Around the World on 29 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\/29\/around-the-world-on-29-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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China had last week imposed sanctions on entities and individuals from the EU and UK in retaliation against coordinated sanctions by the four countries against four senior Chinese officials involved in the detentions.<\/p>\n<p><strong>The World Bank has normalized its relations with Sudan after nearly three<\/strong><strong> decades<\/strong>, following Khartoum clearing its arrears to the bank\u2019s International Development Association, paving the way for the country to access about USD 2 bn in grants for sustainable economic recovery and poverty alleviation, according to <a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2021\/03\/26\/sudan-clears-arrears-gains-access-to-2-billion-in-new-world-bank-financing\">a statement<\/a>.<\/p>\n<p><strong>IN DIPLOMACY: <\/strong><strong>El Sisi, Macron talk Libya, anti-terrorism, GERD:<\/strong> President Abdel Fattah El Sisi and French President Emmanuel Macron discussed the latest developments in Libya, anti-terrorism cooperation, and the stalled Grand Ethiopian Renaissance Dam (GERD) negotiations in a phone call yesterday, according to <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/photos\/a.155486328304089\/1120674481785264\/\">an Ittihadiya statement<\/a>.<\/p>\n<p><strong>Also covering GERD:<\/strong> US Envoy to Sudan Donald Booth, head of the EU Delegation in Egypt\u2019s political division Marina Vraila, and Water Minister Mohamed Abdel Aty, who met in Cairo yesterday, according to a cabinet <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1892033940974962\">statement<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/around-the-world\/\">Around the World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/canada\/\">Canada<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emmanuel-macron\/\">Emmanuel Macron<\/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\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uk\/\">UK<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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\/world-bank\/\">World Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<div class=\"alignfull vertical-section wide-section blackboard wp-block-group issue-section\" id=\"561198\">\r\n    <div class=\"issue-section__content\">\r\n        <div class=\"alignwide 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class=\"wp-block-button\">\r\n                        <a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/enterpriseam.com\/egypt\/blackboard\/\">\r\n                            Read Blackboard                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\r\n                    <div class=\"issue-story-header text-center\">\r\n                        <div class=\"index-number\">14<\/div>\r\n\r\n                        \r\n                        <h3 class=\"story-title\"><a href=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/assessing-student-satisfaction-with-online-learning-what-works-for-egyptian-university-students\/\">\r\n                            Assessing student satisfaction with online learning: what works for Egyptian university students<\/a>\r\n                        <\/h3>\r\n     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<a href=\"https:\/\/api.whatsapp.com\/send?text=Assessing+student+satisfaction+with+online+learning%3A+what+works+for+Egyptian+university+students+https%3A%2F%2Fenterpriseam.com%2Fegypt%2Fblackboards%2Fassessing-student-satisfaction-with-online-learning-what-works-for-egyptian-university-students%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>                    <\/div>\r\n\r\n                    <div class=\"story__body\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/assessing-student-satisfaction-with-online-learning-what-works-for-egyptian-university-students\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                <img decoding=\"async\" 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<\/a>\r\n                        \n<article id=\"post-561198\" class=\"content-area-description post-561198 blackboard type-blackboard status-publish has-post-thumbnail hentry tag-education tag-enterprise-blackboard tag-enterpriseam tag-zoom 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>Are university students satisfied with online education? <\/strong>Despite classes resuming on campuses this year, online education remains a key component of student life. As a commonly recognized pillar of <a href=\"https:\/\/www.immagic.com\/eLibrary\/ARCHIVES\/GENERAL\/SLOANCUS\/S021106L.pdf\">online education quality (pdf)<\/a>, student satisfaction with online learning needs to be a priority for increasing its chances of successfully educating the student, argues a recent <a href=\"https:\/\/ent.news\/2021\/1\/Student-satisfaction-with-online-education-AUC-study.pdf\">joint AUC-GUC research paper (pdf)<\/a>. The two universities teamed up on an online survey of 280 undergraduate business students, which took place between July and September 2020, to students\u2019 satisfaction with online learning at their schools. 85% of the students surveyed attend one of Egypt\u2019s top ten private universities, while 15% attend the public universities of Cairo, Ain Shams and Helwan.<\/p>\n<p><strong>Their verdict? Overall satisfaction with online learning isn\u2019t very high. <\/strong>On a scale of 1-5, most students on average would rate their satisfaction at a level 3, based on factors such as the academic quality of classes, how much students learn online versus face-to-face, and whether they would recommend their courses and instructors. Their \u201clevel of interest\u201d in online education \u2014 which looks at how much of the education is self-driven \u2014 isn\u2019t doing much better. Reasons cited for waning interest include teaching methods, the way course content was explained, and material being insufficiently challenging. Students missing in-person exchanges and campus life were likely to struggle with motivation.<\/p>\n<p><strong>Online learning gets bonus points for its flexibility: <\/strong>70% of students surveyed believe online learning saves time and offers more flexibility than classroom learning. 18.9% feel their overall learning experience is better online, and 12.9% believe they got better instructions and explanations of material online.<\/p>\n<p><strong>But it\u2019s marked down for low interaction levels: <\/strong>Only 8.9% of students surveyed reported more peer interaction through online learning. Most students still feel that instructions and content delivery are better in person.<\/p>\n<p><strong>And professors have something to do with it: <\/strong>Overall satisfaction with teachers performance was given a score of 3.5 out of 5. Students rated teaching on a number of factors, including responsiveness, constructive student-teacher interactions, and the amount of timely and helpful feedback provided in online classes and on assignments, exams or projects.<\/p>\n<p><strong>Tech access is crucial for online learning, but unreliability can be a problem:<\/strong> 91% of students surveyed can regularly access the internet at home, with only 2.9% having no computers or internet connections. But 13.9% believe the pandemic negatively impacted their ability to access technology, and cite technical problems on the platforms they use. The platforms may be too complicated or subject to disturbances, says the study.<\/p>\n<p><strong>How are students learning online? <\/strong>Live lectures or virtual classrooms (synchronous teaching) is the most popular method for university professors. 81% of students surveyed had been taught via real-time meetings using Zoom or other apps. 72.1% had received pre-recorded lectures in video or audio format (known as asynchronous teaching). 34.6% had received PowerPoint presentations with pre-recorded audio material. 2.5% of students surveyed received no online tuition.<\/p>\n<p><strong>Professors are encouraged to cater style to audience:<\/strong> Awareness and targeting of <a href=\"https:\/\/educationonline.ku.edu\/community\/4-different-learning-styles-to-know#:~:text=These%20different%20learning%20styles%E2%80%94visual,understand%20their%20own%20learning%20preferences.\">different learning styles<\/a> \u2014 visual, auditory, reading\/writing and kinesthetic \u2014 makes online learning more effective, the paper says. Over 50% of the women students surveyed were reading\/writing learners, while 29.3% of the male students were kinesthetic learners, who best learn by doing and like to remain mobile. The lowest percentage of both male and female learners surveyed were auditory learners, who learn by listening and through discussions, but are easily distracted by noise.<\/p>\n<p><strong>These learning style differences can affect the time needed to master online study material. <\/strong>Visual and reading\/writing learners took from 3-6 hours per week on average to study the online course material, while kinesthetic and auditory learners took 6-9 hours per week, the paper tells us.<\/p>\n<p><strong>When it comes to assessment, students seem to like online exams:<\/strong> Most of these students were happy for their final assessment to be in the form of an online exam, the paper indicates, without specifying what percentage of students felt this way. 49.4% of private university students and 39% of public university students surveyed took online exams exclusively during the pandemic, while 42.3% of private university students and 34.1% of public university students were assessed through both online exams and research.<\/p>\n<p><strong>College students are going through the same issues as K-12:<\/strong> The study supports the conclusions of our <a href=\"https:\/\/enterprise.press\/blackboards\/covid-19-transforming-think-online-learning\/\">previous survey of K-12 school students and parents<\/a>, which showed that having more control over when, where and how you learn is seen as being online study\u2019s biggest plus. Lack of interaction and tech issues meanwhile are its <a href=\"https:\/\/enterprise.press\/blackboards\/really-think-e-learning\/\">main barriers<\/a>.<\/p>\n<p><strong>How can these barriers be overcome? <\/strong>Several <a href=\"https:\/\/ent.news\/2021\/3\/Report_Removing-Barriers-to-Online-Learning-Through-a-Teaching-and-Learning-Lens.pdf\">studies (pdf)<\/a> \u2014 including one by academics at the <a href=\"https:\/\/en.wikipedia.org\/wiki\/University_of_the_Philippines_Manila\">University of the Philippines Manila<\/a> and another by academics at the <a href=\"https:\/\/www.ubc.ca\/\">University of British Columbia<\/a> \u2014 recommend using asynchronous teaching for content delivery and synchronous sessions for questions, feedback and encouraging interaction. <a href=\"https:\/\/link.springer.com\/article\/10.1007\/s40670-021-01231-z#Sec13\">They advise<\/a> conducting regular needs assessments, to understand which students face particular tech constraints or extra responsibilities in the home, and then tailoring the work assigned to them accordingly. They emphasize that personal check-ins \u2014 including emails and phone calls \u2014 help provide psychosocial support. And they recommend using a range of edtech to expand student access to a range of resources.<\/p>\n<p><strong>Your top education stories for the week:<\/strong><\/p>\n<ul>\n<li><strong>E<\/strong><strong>ducation IPO: <\/strong>Taaleem Management Services <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f9e4ccc0-a0f4-45cd-af78-7d2fd4e13c2c\">is selling shares<\/a> at up to EGP 6.20 apiece in an initial public offering on the EGX this week.<\/li>\n<li><strong>Actis to double down on education investment: <\/strong>Global investor Actis has big plans for key sectors including health and education. The firm\u2019s MENA chief Sherif El Kholy discussed this and more in an exclusive sit-down with Enterprise <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e9c58666-e5ae-497b-aa07-756a7c169553\">last week<\/a>.<\/li>\n<li><strong>Private tuition fee loans: <\/strong>Education outfit CIRA is giving parents whose children attend its schools <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b1f3f2c8-1856-4db9-94c5-d36a342c878f\">tuition fee loans<\/a> with a 12-month repayment period under a partnership agreement with Beltone\u2019s consumer finance arm Belcash.<\/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\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/zoom\/\">Zoom<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column\" style=\"flex-basis:19.8%\"><\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<section id=\"561200\" 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\/29\/your-essential-business-calendar-on-29-march-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561200\" class=\"content-area-description single-story post-561200 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>28-29 March (Sunday-Monday): 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>29-30 March (Monday-Tuesday): <a href=\"https:\/\/arab-exchanges.org\/conference\/\">Arab Federation of Exchanges Annual Conference<\/a> 2021.<\/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>, Egypt International Exhibition Center, New Cairo.<\/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":561176,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-561175","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"75c8485e-a806-44c0-bf25-c29db247ca21","teaser":"","photo_url":"https:\/\/ent.news\/2021\/3\/336.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Macro Pharma Group announces price range for IPO (and we\u2019re still waiting to see if Ever Given will float) - 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\/macro-pharma-group-announces-price-range-for-ipo-and-were-still-waiting-to-see-if-ever-given-will-float\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Macro Pharma Group announces price range for IPO (and we\u2019re still waiting to see if Ever Given will float)\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/macro-pharma-group-announces-price-range-for-ipo-and-were-still-waiting-to-see-if-ever-given-will-float\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T03:12:14+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\/336.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/macro-pharma-group-announces-price-range-for-ipo-and-were-still-waiting-to-see-if-ever-given-will-float\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/macro-pharma-group-announces-price-range-for-ipo-and-were-still-waiting-to-see-if-ever-given-will-float\/\",\"name\":\"Macro Pharma Group announces price range for IPO (and we\u2019re still waiting to see if Ever Given will float) - 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