{"id":561639,"date":"2021-04-15T04:00:01","date_gmt":"2021-04-15T04:00:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=561639"},"modified":"2025-12-16T03:23:35","modified_gmt":"2025-12-16T03:23:35","slug":"carrefour-to-invest-egp-400-mn-opening-new-locations-this-year","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/","title":{"rendered":"Carrefour to invest EGP 400 mn opening new locations this year"},"content":{"rendered":"<section id=\"561641\" 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=\"561641\">\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\/04\/15\/this-morning-summer-hours-start-on-saturday-whats-up-with-jj-and-astrazenecas-jabs\/\">\r\n                            THIS MORNING: Summer hours start on Saturday + What\u2019s up with J&#038;J and AstraZeneca\u2019s jabs?                        <\/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\/04\/15\/this-morning-summer-hours-start-on-saturday-whats-up-with-jj-and-astrazenecas-jabs\/\" 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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We have the details on all of this and more in this morning\u2019s news well, below.<\/p><p><strong>***CATCH UP QUICK<\/strong> on the top stories from yesterday\u2019s edition of EnterprisePM:<\/p><ul>\n<li><strong>Coming in from the cold?<\/strong> Turkey and Egypt <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/704ea626-80bf-4b45-9089-961a0e8e1493\">could soon hold direct talks<\/a> to restore diplomatic ties.<\/li>\n<li><strong>M&amp;A Watch:<\/strong> EFG Hermes and the SFE are <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/26d64c6e-10b4-48d4-b053-63f5becb0429\">closer to acquiring<\/a> a controlling stake in the currently state-owned Arab Investment Bank after EFG\u2019s board approved the move.<\/li>\n<li><strong>Infrastructure finance for Luxor:<\/strong> Egypt will <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/181495ae-dead-46a3-9644-481a08ea0051\">receive at least EUR 108 mn<\/a> from the African Development Bank (AfDB) to install wastewater utilities in rural Luxor, after Cabinet approved the finance in its weekly meeting yesterday.<\/li>\n<\/ul><p><strong>** So, when do we eat? <\/strong>We\u2019ll break today\u2019s fast at 6:22pm. You\u2019ll have until 3:57am to finish gulping down your coffee (or sohour, if you prefer).<\/p><p><strong>WHAT\u2019S HAPPENING TODAY- <\/strong><\/p><p><strong>We <\/strong><strong>were supposed to be getting more information<\/strong><strong> yesterday<\/strong> <strong>on the new construction <\/strong><strong>licenses + b<\/strong><strong>uilding code.<\/strong> Prime Minister Moustafa Madbouly said <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1898769976968025\">earlier this month<\/a> that his government would hold a presser before 15 April to explain the new system for the granting of construction licenses. The system is set to kick off a pilot phase on 1 May, before fully rolling out at the start of the fiscal year on 1 July.<\/p><p><strong>\u201cSummer hours<\/strong><strong>\u201d <\/strong><strong><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1893821920796164\">come into effect<\/a><\/strong><strong> for retail stores and restaurants on <\/strong><strong>Saturday.<\/strong> This means retail shops can close at 11 pm (instead of 10 pm during the winter), while cafes and restaurants can stay open until 1 am (instead of midnight currently). We have more details on the winter vs. summer hours <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e3019f4c-6803-4c38-a95f-5dfdeaf7a35b\">here<\/a>.<\/p><hr class=\"grey-line\"><p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>YOUR MORNING MUST READ- A single day\u2019s delay of vaccination puts more lives <\/strong><strong>at risk than vaccines (clots or not) ever could<\/strong>, argues <a href=\"https:\/\/www.ft.com\/content\/090f1b3c-95d9-4b10-9a7c-ba3a7f290fee\">Financial Times<\/a> contributor and <a href=\"https:\/\/timharford.com\/books\/\">Undercover Economist<\/a> author Tim Hartford in a thought-provoking piece on why we should embrace vaccines despite possible risks. The chance of developing a fatal blood clot \u2014 which has not been conclusively proven to be linked to any vaccine \u2014 is maybe one in 1 mn, meaning 67 people would die if the UK vaccinated its entire population of around 67 mn, Hartford argues.<\/p><p><strong>And while even one vaccine-related death seems like one too many, look at the death toll from the virus itself:<\/strong> At no point was the UK\u2019s covid-19 death toll below 67 during the winter wave between October and March, meaning that covid is killing more people in a single day than vaccine-related complications might throughout the entire campaign. Though we can logically understand this, issues with trust, control, and the media saturation with the blood clots data is likely to keep some people from getting a jab, despite statistics encouraging otherwise.<\/p><p><strong>The EU is turning to<\/strong><strong> BioNTech\/Pfizer...<\/strong> Pfizer and BioNTech are expected to deliver 50 mn doses of their vaccine to the EU earlier than expected, moving forward their initial delivery target to 2Q2021 instead of 4Q2021, according to <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/statement_21_1741\">a European Commission statement<\/a>. The announcement means the EU will be receiving a total 250 mn doses of the vaccine between April and June.<\/p><p><strong>\u2026as doubts over AstraZeneca continue<\/strong><strong>\u2026 <\/strong>Denmark <a href=\"https:\/\/www.sst.dk\/en\/English\/news\/2021\/Denmark-continues-its-vaccine-rollout-without-the-COVID-19-vaccine-from-AstraZeneca\">has become<\/a> the first European nation to stop using the AstraZeneca vaccine completely due to the possible links between the vaccine and blood clotting. Several European governments have restricted the use of the vaccine to over-60s due to fears that younger people may be more susceptible to adverse reactions. Norway may follow suit today when it <a href=\"https:\/\/www.ft.com\/content\/7b992d68-2814-4390-9d71-ff4c704c9f98\">announces its decision<\/a> on whether to continue with AstraZeneca.<\/p><p><strong>\u2026and Johnson &amp; Johnson remains unresolved:<\/strong> US health experts have held off on making new recommendations on the J&amp;J covid vaccine, which was suspended earlier this week due to potential links to blood clotting, according to <a href=\"https:\/\/www.nbcnews.com\/health\/health-news\/johnson-johnson-vaccine-remains-pause-cdc-panel-requests-more-information-n1264076\">NBC News<\/a>. Many said they required more information to rule on the safety of the vaccine, the rollout of which will remain frozen while the investigation continues.<\/p><p><strong>On the flipside, the Oxford \/ AstraZeneca vaccine may provide wider protection for over-80s than <\/strong><strong>Pfizer\/BioNTech, <\/strong>according to the results of a University of Birmingham-led <a href=\"https:\/\/www.birmingham.ac.uk\/news\/latest\/2021\/04\/covid-antibody-response-vaccine-older-people.aspx\">study<\/a> comparing the two. Those who had received the AstraZeneca shot had a stronger antibody response, and the AstraZeneca jab prompted a T-cell response in 31% of elderly participants, compared to only 12% of those who had received the Pfizer shot.<\/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>MARKET WATCH-<\/strong><\/p><p><strong>What a difference a year makes:<\/strong> Oil demand is expected to grow in 2021 to 96.7 mn bbl\/d despite major oil consumers such as Brazil and India still grappling with surging covid-19 cases, the International Energy Agency (IEA) said in its latest <a href=\"https:\/\/www.iea.org\/reports\/oil-market-report-april-2021?utm_content=buffer092f6&amp;utm_medium=social&amp;utm_source=twitter.com&amp;utm_campaign=buffer\">Oil Market Report<\/a>. The IEA said its optimistic (for producers, not so much for our warming planet) outlook is based on the accelerating global economic recovery, but warned that the deteriorating health situation in some of the world\u2019s biggest consuming countries means that the oil recovery \u201cremains fragile.\u201d<\/p><p><strong>Do you remember negative oil prices? <\/strong>It is almost a year to the day that <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8c851de7-9d60-4c5a-95d9-b39147181964\">global oil markets<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8c851de7-9d60-4c5a-95d9-b39147181964\">were staring into the abyss<\/a> after a historic day of trading <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e2f1d260-e322-4c4b-9764-8043d5cc2720\">sent US crude prices negative for the first time in history<\/a>. The initial wave of lockdowns caused one of the worst demand shocks in living memory, which combined with an oversupply crisis due to a Saudi-Russia price war to force global benchmarks to endure one of their worst periods in history.<\/p><p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p><p><strong>iSheep, take note: Apple is running a virtual event on Tuesday, 20 April <\/strong>at which pundits think it will <a href=\"https:\/\/www.theverge.com\/2021\/4\/13\/22310826\/apple-april-20th-event-date-rumors-ipad-pro-macbook-tv-airtags\">unveil AirTags and a new iPad Pro<\/a> with an improved display and faster processor, among other goodies. The headline: Spring Loaded. The event will stream at 7pm CLT on <a href=\"https:\/\/www.apple.com\/apple-events\/\">Apple\u2019s website<\/a> and on <a href=\"https:\/\/www.youtube.com\/watch?v=JdBYVNuky1M\">YouTube<\/a>.<\/p><p><strong>EBRD President Odile Renaud-Basso could visit Egypt later this month<\/strong>, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2308519\">Al Masry<\/a><a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2308519\">Al Youm<\/a> reported this weekend following a meeting with Egypt\u2019s ambassador to the UK Tarek Adel. This would be her first official visit to Egypt since she was appointed to head the bank in November.<\/p><p>The Central Bank of Egypt will meet to discuss interest rates on<strong> Thursday, 29 April<\/strong>.<\/p><p><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/international-energy-agency\/\">International Energy Agency<\/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\/retail\/\">retail<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vaccines\/\">vaccines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"561642\" 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=\"561642\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/561642\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561642\" class=\"content-area-description single-story post-561642 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/SOMA-ENTERPRISEACT-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n\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=\"561643\" 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=\"561643\">\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\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/\">\r\n                            Carrefour to invest EGP 400 mn opening new locations this year                        <\/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\/04\/15\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/\" 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\/04\/15\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/')\">\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\/04\/15\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/\">\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=Carrefour to invest EGP 400 mn opening new locations this year&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/\">\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\/04\/15\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/&title=Carrefour to invest EGP 400 mn opening new locations this year\">\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=Carrefour+to+invest+EGP+400+mn+opening+new+locations+this+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F15%2Fcarrefour-to-invest-egp-400-mn-opening-new-locations-this-year%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\/04\/15\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/154.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"561644\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/154-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/154.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"154.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/154.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/154.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561643\" class=\"content-area-description single-story post-561643 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-carrefour-egypt tag-enterpriseam tag-investment-watch tag-majid-al-futtaim tag-retail 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>Carrefour Egypt is planning to invest EGP 400 mn to set up 20 new branches this <\/strong><strong>year<\/strong>, backed by projections of a rapid recovery in consumer demand, Carrefour Egypt Director Jean-Luc Graziato tells <a href=\"https:\/\/bit.ly\/3dgmXvK\">Al Mal<\/a>. Three of these branches will open in the coming weeks, he said. The expansion could potentially include two or three Upper Egypt locations and an unspecified number of stores on the north coast splitn between Alexandria and Sahel.<\/p>\n<p><strong>At least four of the hypermarket chain\u2019s new branches will be opened in partnership with Omar Effendi<\/strong> as part of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a6ba7260-96c5-47e3-9051-b7666ad44b5e\">an agreement earlier this year<\/a> that will see Carrefour open mini branches inside 14 of the Egyptian retailer\u2019s outlets.<\/p>\n<p><strong>Carrefour is tapping more into e-commerce: <\/strong>The company plans to double down on expanding home deliveries and launch its own online fresh food delivery portal, Carrefour eFood, in the coming year.<\/p>\n<p><strong>The Majid Al Futtaim-owned retailer could also be going full Amazon in the near future:<\/strong><\/p>\n<p>The company is looking to expand its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e879c3f7-3bf9-4a81-8f6c-2950f8a3d85d\">Scan and Go offering<\/a>, which allows users contactless payment by directly scanning items they intend to purchase at a designated station that charges their linked accounts, to more locations in 2021. The technology is currently available for use at Carrefour\u2019s City Center Maadi, Cairo Festival City Mall, Madinaty and Al Shorouk branches.<\/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\/carrefour-egypt\/\">Carrefour Egypt<\/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\/majid-al-futtaim\/\">Majid Al Futtaim<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/retail\/\">retail<\/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=\"561645\" 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=\"561645\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">COVID WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/more-vaccination-centers-covid-cases-rise-again\/\">\r\n                            More vaccination centers + covid cases rise again                        <\/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\/04\/15\/more-vaccination-centers-covid-cases-rise-again\/\" 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\/04\/15\/more-vaccination-centers-covid-cases-rise-again\/')\">\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\/04\/15\/more-vaccination-centers-covid-cases-rise-again\/\">\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 vaccination centers + covid cases rise again&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/more-vaccination-centers-covid-cases-rise-again\/\">\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\/04\/15\/more-vaccination-centers-covid-cases-rise-again\/&title=More vaccination centers + covid cases rise again\">\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+vaccination+centers+%2B+covid+cases+rise+again+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F15%2Fmore-vaccination-centers-covid-cases-rise-again%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\/04\/15\/more-vaccination-centers-covid-cases-rise-again\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561645\" class=\"content-area-description single-story post-561645 post type-post status-publish format-standard hentry category-covid-watch tag-covid-19 tag-denmark tag-eastern-mediterranean tag-enterpriseam tag-european-commission tag-pfizer tag-sinopharm tag-vaccines tag-world-health-organization wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>We now have 193 vaccination centers operating nationwide<\/strong>, Health Minister Hala Zayed <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1905733699604986\">told Cabinet<\/a> in its weekly meeting yesterday. The government is also preparing to establish a center in the national exhibitions center, which should be able to vaccinate up to 10k people a day, the minister said.<\/p>\n<p><strong>That\u2019s still below the ministry\u2019s most recent target:<\/strong> Zayed had said we would have 350 operational vaccination centers by <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0aed177e-6073-45e7-b6d9-4d028344fab2\">the end of this week<\/a>, after previously saying 339 facilities <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/603294d7-098e-48c7-9570-eb8b2b70a030\">would be up and running<\/a> on 5 April.<\/p>\n<p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/358240499059902\">reported<\/a><\/strong><strong> 831 new covid-19 infections yesterday<\/strong>, up from 823 the day before. Egypt has now disclosed a total of 212,961 confirmed cases of covid-19. The ministry also reported 44 new deaths, bringing the country\u2019s total death toll to 12,570.<\/p>\n<p><strong>More than 30 mn shots have been administered in 21 EastMed countries<\/strong> as the covid-19 virus continues to spread, with 364k infections and 4.4k deaths across the region last week alone, said WHO East Med regional director Ahmed Al Mandhari at <a href=\"http:\/\/www.emro.who.int\/media\/news\/who-regional-directors-statement-for-virtual-press-briefing-14-april.html\">a virtual presser<\/a> yesterday. \u201cAlthough progress has been made with starting vaccination around the world, there remains a shocking imbalance in the distribution of vaccines. This is especially true in our region,\u201d said Al Mandhari. Last week's infection numbers mark a 22% week-on-week rise in the number of new covid-19 cases across the region, with deaths also rising 17%.<\/p>\n<p><strong>And the WHO wants Muslims observing Ramadan to stay vigilant:<\/strong> \u201cWe are especially worried that the current situation may worsen during Ramadan if people don\u2019t follow and adhere to the proven social measures that work,\u201d said Al Mandhari, adding that taking care of our and others\u2019 health is in line with the basic tenents of Islam.<\/p>\n<p><strong>ALSO FROM THE CONFERENCE- The WHO will have its final say on the authorization of <\/strong><strong>China\u2019s Sinopharm vaccine before the end of April<\/strong>, with a delegation set to fly to China soon to assess its manufacturing eligibility, WHO's director of program management Rana Hajjeh said.<\/p>\n<p><strong>Calls for the US to waive IP rights on covid vaccines are increasing:<\/strong> Some 175 former global leaders and Nobel prizewinners are calling on the Biden administration to push companies to waive the intellectual property rights for vaccines in order to speed up the rollout in developing countries, the <a href=\"https:\/\/www.ft.com\/content\/43fd53f5-2b82-4e41-981c-8544a6ce996b\">Financial Times<\/a> reports.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/denmark\/\">Denmark<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eastern-mediterranean\/\">Eastern Mediterranean<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/european-commission\/\">European Commission<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pfizer\/\">Pfizer<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sinopharm\/\">Sinopharm<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vaccines\/\">vaccines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-health-organization\/\">World Health Organization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561646\" 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=\"561646\">\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\/04\/15\/the-ever-given-is-good-to-go-once-its-owners-settle-their-dues\/\">\r\n                            The Ever Given is good to go \u2014 once its owners settle their dues                        <\/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\/04\/15\/the-ever-given-is-good-to-go-once-its-owners-settle-their-dues\/\" 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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wp-post-image\" alt=\"\" data-attachment-id=\"561647\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/the-ever-given-is-good-to-go-once-its-owners-settle-their-dues\/156-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/156.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"156.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/156.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/156.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561646\" class=\"content-area-description single-story post-561646 post type-post status-publish format-standard has-post-thumbnail hentry category-suez-canal tag-enterpriseam tag-ever-given tag-suez-canal tag-suez-canal-authority 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>The Ever Given container ship is fit to depart the Suez Canal<\/strong> once an agreement has been reached between the Suez Canal Authority and the ship\u2019s owner, the German technical management company Bernhard Schulte Shipmanagement (BSM) said in a <a href=\"https:\/\/www.bs-shipmanagement.com\/en\/media\/1-media-statement\">statement<\/a> after making a \u201cthorough inspection\u201d of the vessel.<\/p>\n<p><strong>Plenty of disappointment to go around:<\/strong> \u201cThe SCA\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8022fbeb-48b1-4d77-b7e9-ccaf73043f67\">decision to arrest the vessel<\/a> is extremely disappointing,\u201d BSM CEO Ian Beveridge said, asking for \u201ca swift resolution to this matter that will allow the vessel and crew to depart the Suez Canal.\u201d This comes one day after the ship owners also announced their <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b97100ee-aa27-4e11-9a17-8f8189d72c71\">disappointment<\/a> with the seizure of the ship.<\/p>\n<p><strong>This may take a while: <\/strong>Negotiations to reach a financial settlement \u201cmay take some time,\u201d the SCA said yesterday, according to <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2C10ZI\">Reuters<\/a>. The authority is demanding the owner\u2019s insurer pay USD 916 mn to compensate it for the six-day blockage of the canal. The ship\u2019s protection and indemnity insurer UK Club on Tuesday called the figure \u201cextraordinarily large\u201d and said it had made a \u201cgenerous\u201d offer to the SCA the day before the latter obtained a court order allowing it to seize the vessel. Two SCA sources told <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2C10ZI\">Reuters<\/a> that the owner had offered USD 100 mn, almost 11% of the SCA\u2019s claim. Chairman Osama Rabie earlier told state TV that \u201cthey don\u2019t want to pay anything\u201d for the incident.<\/p>\n<p><strong>One step at a time?<\/strong> The Ever Given\u2019s charterer Evergreen Line is reviewing the Egyptian court order and \u201cstudying the possibility of the vessel and the cargo on board being treated separately,\u201d according to a <a href=\"https:\/\/ent.news\/2021\/4\/Statement-for-Ever-Given-Arrested-by-Egyptian-Court.pdf\">separate statement (pdf)<\/a>. When the vessel is eventually released, it will depart from the Great Bitter Lake \u2014 where it is currently anchored for inspection\u2014 to Port Said, where it will be examined again before leaving for Rotterdam, BSM said.<\/p>\n<p><strong>ALSO FROM THE CANAL-<\/strong><\/p>\n<p>An unnamed <strong>Chinese shipbuilding company<\/strong> <a href=\"http:\/\/www.china.org.cn\/world\/2021-04\/14\/content_77404476.htm\">will manufacture<\/a> five <strong>tug boats <\/strong>for the Suez Canal Authority under a contract set to be signed soon.<\/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\/ever-given\/\">Ever Given<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/suez-canal\/\">Suez Canal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/suez-canal-authority\/\">Suez Canal Authority<\/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=\"561648\" 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=\"561648\">\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\">NBFS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/torrid-growth-continues-in-factoring-microfinance\/\">\r\n                            Torrid growth continues in factoring, microfinance                        <\/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\/04\/15\/torrid-growth-continues-in-factoring-microfinance\/\" 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\/04\/15\/torrid-growth-continues-in-factoring-microfinance\/')\">\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\/04\/15\/torrid-growth-continues-in-factoring-microfinance\/\">\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=Torrid growth continues in factoring, microfinance&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/torrid-growth-continues-in-factoring-microfinance\/\">\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\/04\/15\/torrid-growth-continues-in-factoring-microfinance\/&title=Torrid growth continues in factoring, microfinance\">\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=Torrid+growth+continues+in+factoring%2C+microfinance+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F15%2Ftorrid-growth-continues-in-factoring-microfinance%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\/04\/15\/torrid-growth-continues-in-factoring-microfinance\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/159.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"561649\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/torrid-growth-continues-in-factoring-microfinance\/159-jpg-15\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/159.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"159.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/159.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/159.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561648\" class=\"content-area-description single-story post-561648 post type-post status-publish format-standard has-post-thumbnail hentry category-nbfs tag-enterpriseam tag-factoring tag-gb-auto tag-non-banking-financial-services wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>G<\/strong><strong>B Auto\u2019s NBFS arm Drive had the largest share of Egypt\u2019s factoring market<\/strong> <strong>in February <\/strong>after more than doubling lending during the month, according to official figures. The Financial Regulatory Authority\u2019s <a href=\"https:\/\/ent.news\/2021\/4\/FRA-NBFS-report-Feb21.pdf\">monthly report (pdf)<\/a> on the NBFS sector shows that Drive increased its market share to almost 22% in February after loaning out EGP 254 mn, up from <a href=\"https:\/\/ent.news\/2021\/4\/FRA-NBFS-report-Jan21.pdf\">EGP 115 mn in January (pdf)<\/a>. <a href=\"https:\/\/www.egyptfactors.com\/\">Egypt Factors<\/a> had the second-largest share of the market at 17.7% and QNB Factoring was in third with 16%. Drive had a 13% market share in January, behind EFG Hermes Corp-Solutions, Egypt Factors and QNB Factoring. Drive Managing Director Ahmed Osama <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/20943176-100d-488a-9d94-017709330951\">said last month<\/a> that the company is aiming to raise its share of the overall non-bank lending market \u2014 which also includes its auto finance and forthcoming consumer finance activities \u2014 to 25% by the end of 2021.<\/p>\n<p><strong>Factoring market on the up:<\/strong> Monthly lending in the sector grew more 40% y-o-y to EGP 1.17 bn, from EGP 830.1 mn in February 2020 \u2014 outpacing the 30% growth rate it posted in January. Total lending in the sector now stands at EGP 6.93 bn.<\/p>\n<p><strong>Microfinance market posts its seventh consecutive month of growth:<\/strong> The value of micro loans rose to EGP 20.2 bn in February, up 14% from EGP 17.7 bn from the same month in 2020, according to the report. This continues a trend that has seen the value of micro loans rise for seven consecutive months, up 16% from less than EGP 17.4 bn last August.<\/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\/factoring\/\">factoring<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gb-auto\/\">GB Auto<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/non-banking-financial-services\/\">non-banking financial services<\/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=\"561650\" 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=\"561650\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/not-yet-a-bromance\/\">\r\n                            Not yet a bromance                        <\/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\/04\/15\/not-yet-a-bromance\/\" 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\/04\/15\/not-yet-a-bromance\/')\">\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\/04\/15\/not-yet-a-bromance\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Not yet a bromance&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/not-yet-a-bromance\/\">\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\/04\/15\/not-yet-a-bromance\/&title=Not yet a bromance\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Not+yet+a+bromance+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F15%2Fnot-yet-a-bromance%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\/04\/15\/not-yet-a-bromance\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/160.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"561651\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/not-yet-a-bromance\/160-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/160.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"160.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/160.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/160.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561650\" class=\"content-area-description single-story post-561650 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-enterpriseam tag-muslim-brotherhood tag-turkey 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>New era of Egypt-Turkey ties coming soon? <\/strong>Egypt may not hold talks with Turkey if Ankara doesn\u2019t meet several conditions Cairo has set to restore diplomatic ties, unnamed sources suggested to <a href=\"https:\/\/bit.ly\/3djrU7e\">Al Arabiya<\/a>. Until then, there\u2019s no date set for the two sides to meet face-to-face despite recent signals out of Turkey.<\/p>\n<p><strong>A Turkish overture:<\/strong> Al Arabia\u2019s report came the same day that Turkish Foreign Minister Mevlut \u00c7avu\u015fo\u011flu <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/704ea626-80bf-4b45-9089-961a0e8e1493\">declared a \u201cnew era with Egypt\u201d<\/a> and suggested that officials from both sides would meet to discuss reinstating diplomatic missions.<\/p>\n<p><strong>What are the conditions? <\/strong>Egypt still wants Turkey to hand over some Ikhwan figures it claims were involved in terrorist operations, not just expel them, sources noted. The Egyptian government is also seeking to prevent the naturalization of Ikhwan members residing in Turkey to be able to criminally prosecute them, Al Arabiya reported (<a href=\"https:\/\/twitter.com\/AlArabiya\/status\/1382395467791802370\">watch, runtime 0:58<\/a>). Cairo has also asked Turkey to clamp down on Ikhwan media publishing and broadcasting from Turkey, a step Ankara appears to have taken in recent weeks.<\/p>\n<p><strong>Words into actions:<\/strong> Ankara last month instructed media to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fd9bd86b-542e-46d6-a545-108fa6ec37d9\">tone down criticism<\/a> of Egypt, while \u00c7avu\u015fo\u011flu <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/97a7c519-e6da-49a3-a333-d6aef5ec7f00\">has also suggested<\/a> that the government is willing to sign a maritime pact with Egypt, in a move that could potentially put an end to disputes over offshore drilling and fishing rights in the EastMed.<\/p>\n<p><strong>But more will be necessary:<\/strong> Cairo informed Turkey that expressing goodwill alone is not enough, and that it is necessary to implement the Egyptian recommendations without delay, Al Arabiya\u2019s sources said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/muslim-brotherhood\/\">Muslim Brotherhood<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561652\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"561652\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/561652\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561652\" class=\"content-area-description single-story post-561652 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/www.sodic.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/Sodic-The-Estate4-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561653\" 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=\"561653\">\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\">Kudos<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/kudos-on-15-april-2021\/\">\r\n                            Kudos on 15 April 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\/04\/15\/kudos-on-15-april-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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Eastern Company\u2019s net income grew 10% y-o-y in 2020, despite the pandemic-induced global disruption in supply chains and business performance.<\/p>\n<p><strong>Business process outsourcing provider <\/strong><strong><a href=\"https:\/\/rayacc.com\/\">Raya Contact Center<\/a><\/strong><strong> was selected to join <\/strong><strong>the <\/strong><strong><a href=\"https:\/\/www.iaop.org\/GlobalOutsourcing100\">2021 Global Outsourcing 100<\/a><\/strong><strong> list<\/strong>, by the International Association of Outsourcing Professionals.<\/p>\n<p><strong>Amazon i<\/strong><strong>s helping <\/strong><strong>provide 1 mn meals to families in need in Egypt, the UAE, Saudi <\/strong><strong>Arabia, and Jordan this Ramadan<\/strong>, according to <a href=\"https:\/\/ent.news\/2021\/4\/Amazon-Ramadan-2021-Eng.pdf\">a statement (pdf)<\/a>. Amazon\u2019s contributions include \u201cproducts, services, and monetary donations, including grocery supplies and packing materials.\u201d<\/p>\n<p><strong>People with visual and hearing disabilities will be able to access a <\/strong><strong>range of mobile apps designed for them at no charge<\/strong> after the National Telecommunications Regulatory Authority ordered mobile network operators to allow users to download the apps without deducting from monthly internet packages, the <a href=\"https:\/\/dailynewsegypt.com\/2021\/04\/12\/egypts-telecom-regulator-orders-free-use-of-mobile-apps-for-persons-with-disabilities\/\">local press<\/a> reports. The apps include Be My Eyes, TapTapSee and Cash Reader for the visually imparied, as well as sign language chatbot Wasel.<\/p>\n<p><strong>Visually impaired customers at the Agricultural Bank of Egypt can also access key <\/strong><strong>services in braille<\/strong>, which the bank is providing in partnership with Al Nour Wal Amal Association, <a href=\"https:\/\/www.elwatannews.com\/news\/details\/5435104\">El Watan<\/a> reports. Many documents will be available in braille at the Agricultural Bank\u2019s main branches across the country.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/agricultural-bank-of-egypt\/\">Agricultural Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/al-ahly\/\">Al Ahly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/art\/\">art<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kudos\/\">KUDOS<\/a>\n              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      <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-xjqtuow\" data-v=\"4\" data-block-id=\"xjqtuow\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-xjqtuow-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-xjqtuow-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img 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         class=\"\r\n                story-section            \"\r\n            id=\"561655\">\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\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/talk-shows-on-15-april-2021-ahmed-moussa-hates-ramadan-ads\/\">\r\n                            Talk Shows on 15 April 2021: Ahmed Moussa hates Ramadan ads                        <\/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\/04\/15\/talk-shows-on-15-april-2021-ahmed-moussa-hates-ramadan-ads\/\" 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\/04\/15\/talk-shows-on-15-april-2021-ahmed-moussa-hates-ramadan-ads\/')\">\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\/04\/15\/talk-shows-on-15-april-2021-ahmed-moussa-hates-ramadan-ads\/\">\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=Talk Shows on 15 April 2021: Ahmed Moussa hates Ramadan ads&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/talk-shows-on-15-april-2021-ahmed-moussa-hates-ramadan-ads\/\">\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\/04\/15\/talk-shows-on-15-april-2021-ahmed-moussa-hates-ramadan-ads\/&title=Talk Shows on 15 April 2021: Ahmed Moussa hates Ramadan ads\">\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=Talk+Shows+on+15+April+2021%3A+Ahmed+Moussa+hates+Ramadan+ads+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F15%2Ftalk-shows-on-15-april-2021-ahmed-moussa-hates-ramadan-ads%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\/04\/15\/talk-shows-on-15-april-2021-ahmed-moussa-hates-ramadan-ads\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561655\" class=\"content-area-description single-story post-561655 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterpriseam tag-last-nights-talk-shows tag-ramadan 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-07\"><\/a> <strong>The Ramadan talk show slowdown was in full effect last night:<\/strong> The news junkies among us who just can\u2019t stomach mosalsalat were stuck with Ahmed Moussa whinging about the inordinate length of Ramadan ad breaks (has he never switched on a TV during iftar before?)<\/p>\n<p><strong>Still, we\u2019re not complaining about the Supreme Media Council\u2019s move yesterday<\/strong>, <a href=\"https:\/\/www.facebook.com\/scmediaeg\/posts\/265455981914322\">which asked<\/a> TV channels to abide by time limits set for commercials in Ramadan to prevent the airwaves from becoming non-stop ad fests. Moussa covered the directive (<a href=\"https:\/\/www.facebook.com\/watch\/?v=873033936589496\">watch, runtime 2:29<\/a>) and spent part of his show last night railing against the advertisers for interrupting his favourite series \u2014 including season two of Al Ikhtiyar as well as Al Qahera Kabul and Hagma Mortad (<a href=\"https:\/\/www.facebook.com\/baladtv\/videos\/719843365378560\">watch, runtime 9:41<\/a>).<\/p>\n<p><strong>Moussa also had coverage of the derailment of two cars from a train <\/strong>that resulted in 10 injuries in Sharqia\u2019s Minya Al Qamh (<a href=\"https:\/\/www.facebook.com\/watch\/?v=112132504219204\">watch, runtime 0:43<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/last-nights-talk-shows\/\">LAST NIGHT\u2019S TALK SHOWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ramadan\/\">Ramadan<\/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=\"561656\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561657\" 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=\"561657\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/egypt-in-the-news-on-15-april-2021\/\">\r\n                            Egypt in the News on 15 April 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\/04\/15\/egypt-in-the-news-on-15-april-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\/04\/15\/egypt-in-the-news-on-15-april-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\/04\/15\/egypt-in-the-news-on-15-april-2021\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the News on 15 April 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/egypt-in-the-news-on-15-april-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\/04\/15\/egypt-in-the-news-on-15-april-2021\/&title=Egypt in the News on 15 April 2021\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+15+April+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F15%2Fegypt-in-the-news-on-15-april-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\/04\/15\/egypt-in-the-news-on-15-april-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561657\" class=\"content-area-description single-story post-561657 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-metoo tag-enterpriseam tag-feminism tag-human-rights tag-italy tag-social-media tag-transport tag-us wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Leading coverage in the foreign press this morning:<\/strong> At least 20 people have died and three injured in a road accident in Assiut Governorate yesterday. A bus travelling from Cairo overturned and collided with a truck, causing both vehicles to burst into flames. (<a href=\"https:\/\/apnews.com\/article\/sports-transportation-egypt-cairo-transportation-safety-cb1069497f7aee4ba8287e1906dd431c\">AP<\/a> | <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2C10UQ\">Reuters<\/a> | <a href=\"http:\/\/www.xinhuanet.com\/english\/2021-04\/14\/c_139880509.htm\">Xinhua<\/a> | <a href=\"https:\/\/news.sky.com\/story\/egypt-at-least-20-killed-after-bus-crashes-and-catches-fire-while-overtaking-truck-12275005\">Sky News<\/a> | <a href=\"https:\/\/www.africanews.com\/2021\/04\/14\/at-least-20-people-dead-3-injured-in-road-carnage-in-southern-egypt\">Africa News<\/a>)<\/p>\n<p><strong>In<\/strong><strong> a special country report on Egypt in its April edition, <\/strong><strong><a href=\"https:\/\/www.forbesmiddleeast.com\/featured\/egyptian-leaders-insights-paid-program\">Forbes Middle East<\/a><\/strong> ran interviews with <strong>Orascom Construction<\/strong> CEO Osama Bishai, <strong>Youssef & Partners<\/strong> CEO and founder Karim A. Youssef and <strong>Telecom Egypt<\/strong> CEO Adel Hamed.<\/p>\n<p><strong>Also making headlines: <\/strong><\/p>\n<ul>\n<li><strong>Human rights:<\/strong> Egypt and Saudi Arabia\u2019s relations with Washginton could become tense should the Biden administration listen follow through on its rhetoric of democracy and human rights promotion. (<a href=\"https:\/\/www.wsj.com\/articles\/democracy-promotion-in-a-world-growing-more-dangerous-11618355267?mod=searchresults_pos1&page=1\">Wall Street Journal<\/a>)<\/li>\n<li><strong>More human rights:<\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/671c0630-80ef-44a1-8f63-5b21c656c57a\">Patrick Zaki<\/a>, an Egyptian grad student at Bologna University who has been detained here since February 2020 on charges of circulating fake news and calling for protests, has been granted Italian citizenship by the country\u2019s Senate. (<a href=\"http:\/\/www.ansamed.info\/ansamed\/en\/news\/sections\/politics\/2021\/04\/14\/italian-senate-oks-citizenship-for-zaki_5e3f03f1-42e3-4f73-9686-c8c3671bee91.html\">ANSA<\/a>)<\/li>\n<li><strong>Egypt\u2019s #MeToo:<\/strong> Victims of physical and verbal harassment are taking to social media to name and shame the perpetrators, with the help of online feminist initiatives. (<a href=\"https:\/\/www.opendemocracy.net\/en\/north-africa-west-asia\/can-social-media-help-fight-against-sexual-harassment-egypt\/\">Open<\/a><a href=\"https:\/\/www.opendemocracy.net\/en\/north-africa-west-asia\/can-social-media-help-fight-against-sexual-harassment-egypt\/\">Democracy<\/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\/metoo\/\">#MeToo<\/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\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/italy\/\">Italy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-media\/\">social media<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561658\" 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=\"561658\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/also-on-our-radar-on-15-april-2021\/\">\r\n                            Also on our Radar on 15 April 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\/04\/15\/also-on-our-radar-on-15-april-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\/04\/15\/also-on-our-radar-on-15-april-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\/04\/15\/also-on-our-radar-on-15-april-2021\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Also on our Radar on 15 April 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/also-on-our-radar-on-15-april-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\/04\/15\/also-on-our-radar-on-15-april-2021\/&title=Also on our Radar on 15 April 2021\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Also+on+our+Radar+on+15+April+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F15%2Falso-on-our-radar-on-15-april-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\/04\/15\/also-on-our-radar-on-15-april-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561658\" class=\"content-area-description single-story post-561658 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-banque-misr tag-enterpriseam tag-sdgs tag-telecom-egypt tag-undp wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The UNDP yesterday launched its Development Impact Accelerator Lab in Egypt<\/strong>, which aims to support individual and institutional innovators working to address the UN\u2019s sustainable development goals, according to <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/photos\/a.825570437621323\/1905579492953740\">a cabinet statement<\/a>. The lab joins a network of 90 other accelerators across the world that partner with governments, private sector players and civil society groups<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>Banque Misr<\/strong> has signed an agreement with Saudi SME fintech player <strong><a href=\"https:\/\/geidea.net\/merchants\/en\/\">Geidea<\/a><\/strong> to provide payment and e-commerce services to its clients, <a href=\"https:\/\/bit.ly\/3uNdVML\">Hapi Journal<\/a> reported.<\/li>\n<li>The transmission capacity of <strong>wireless networks<\/strong> between Egypt and Sudan will be improved under a MoU <a href=\"https:\/\/bit.ly\/2OPA91i\">signed yesterday<\/a> between <strong>Telecom Egypt<\/strong> and <strong>Sudatel Telecom Group<\/strong>.<\/li>\n<li>Journalist <strong>Sulafa Magdy<\/strong> and her husband photojournalist <strong>Hossam El Sayyad<\/strong> were <a href=\"https:\/\/www.facebook.com\/Deyaa.Rashwan\/posts\/292825438952349\">released<\/a> by authorities on Monday pending investigation<strong>,<\/strong> after they had been held in 2019 in a<strong> pre-trial detention <\/strong>on charges of joining a terrorist group and reporting fake news.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banque-misr\/\">Banque Misr<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sdgs\/\">SDGs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecom-egypt\/\">Telecom Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/undp\/\">UNDP<\/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=\"561659\" 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=\"561659\">\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\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/what-the-markets-are-doing-on-15-april-2021\/\">\r\n                            What the markets are doing on 15 April 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\/04\/15\/what-the-markets-are-doing-on-15-april-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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This gave the cryptocurrency exchange \u2014 the first crypto firm to go public in the US \u2014 a market cap of USD 85.8 bn at the end of its first day. Shares opened at USD 381 and traded as high as USD 429.54 early on before falling back later in the session. <strong>The direct listing has been heralded as a watershed moment for a previously niche asset class<\/strong> that is rapidly growing in stature among mainstream investors.<\/p><p><strong>European tax havens are expected to put up a fight against the US-proposed <\/strong><strong>global minimum corporate tax rate. <\/strong>While many larger EU countries have welcomed the proposed 21% minimum corporate tax rate put forward <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/148d9762-3804-4516-9d37-257784dabe41\">earlier this month<\/a><strong>,<\/strong> Ireland, Malta and Cyprus are among a coalition European countries that are expected to try and water down the plans, <a href=\"https:\/\/www.ft.com\/content\/1a8e5bf7-49e0-4987-98c8-893f08d9c77c\">the Financial Times<\/a> reports. Despite agreeing in principle on the need to reel in corporate tax avoidance, Ireland has said smaller countries \u201cneed to be able to use tax policy as a legitimate lever to compensate for advantages of scale, resources and location enjoyed by larger countries.\u201d<\/p><p><strong>US banks are having a field day after first quarter earnings blow past performance <\/strong><strong>expectations thanks to SPACs: <\/strong>JPMorgan Chase has seen 1Q2021 earnings soar 400% above expectations to USD 14.3 bn, supported by the release of USD 5 bn in covid-19 related loan loss provisions it had set aside when the pandemic hit, according to <a href=\"https:\/\/www.reuters.com\/article\/us-jpmorgan-results\/jpmorgan-profit-surges-nearly-five-fold-on-reserve-release-boost-idUSKBN2C11C9?il=0\">Reuters<\/a>. Goldman Sachs enjoyed <a href=\"https:\/\/www.reuters.com\/article\/us-goldman-sachs-results\/goldman-sachs-profit-jumps-on-record-global-dealmaking-idUSKBN2C11FR?il=0\">a similarly lucrative quarter<\/a> that saw revenues more than double to USD 17.7 bn due to large volumes of SPAC-based public offerings.<\/p><p><strong>Toshiba CEO Nobuaki Kurumatani has stepped down <\/strong>after his board objected to what it felt was a low-ball acquisition offer from CVC Partners, where he previously worked, <a href=\"https:\/\/www.reuters.com\/article\/us-toshiba-m-a\/controversial-toshiba-ceo-steps-down-shares-jump-on-bidding-war-expectations-idUSKBN2C033M\">Reuters<\/a> reports. News of the USD 20 bn buyout and a rival offer from private equity firm KKR has since sent Toshiba\u2019s shares surging 6% higher than its pre-offer price.<\/p><table class=\"markets-table\">\n<tbody>\n<tr class=\"gray-table\">\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/negative.png?w=14&#038;ssl=1\" alt=\"Down\" ><\/td>\n<td><strong>EGX30 <\/strong><\/td>\n<td>10,116<\/td>\n<td>-1.9% (YTD: -6.7%)<\/td>\n<\/tr>\n<tr>\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/none.png?w=14&#038;ssl=1\" alt=\"None\" ><\/td>\n<td><strong>USD (CBE)<\/strong><\/td>\n<td>Buy 15.63<\/td>\n<td>Sell 15.73<\/td>\n<\/tr>\n<tr class=\"gray-table\">\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/none.png?w=14&#038;ssl=1\" alt=\"None\" ><\/td>\n<td><strong>USD at CIB<\/strong><\/td>\n<td>Buy 15.64<\/td>\n<td>Sell 15.74<\/td>\n<\/tr>\n<tr>\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/none.png?w=14&#038;ssl=1\" alt=\"None\" ><\/td>\n<td><strong>Interest rates CBE<\/strong><\/td>\n<td>8.25% deposit<\/td>\n<td>9.25% lending<\/td>\n<\/tr>\n<tr class=\"gray-table\">\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/positive.png?w=14&#038;ssl=1\" alt=\"Up\" ><\/td>\n<td><strong>Tadawul<\/strong><\/td>\n<td>9,847<\/td>\n<td>+0.1% (YTD: +13.3%)<\/td>\n<\/tr>\n<tr>\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/positive.png?w=14&#038;ssl=1\" alt=\"Up\" ><\/td>\n<td><strong>ADX<\/strong><\/td>\n<td>6,039<\/td>\n<td>+0.3% (YTD: +19.7%)<\/td>\n<\/tr>\n<tr class=\"gray-table\">\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/positive.png?w=14&#038;ssl=1\" alt=\"Up\" ><\/td>\n<td><strong>DFM<\/strong><\/td>\n<td>2,569<\/td>\n<td>+0.2% (YTD: +3.1%)<\/td>\n<\/tr>\n<tr>\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/negative.png?w=14&#038;ssl=1\" alt=\"Down\" ><\/td>\n<td><strong>S&amp;P 500<\/strong><\/td>\n<td>4,124<\/td>\n<td>-0.4% (YTD: +9.8%)<\/td>\n<\/tr>\n<tr class=\"gray-table\">\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/positive.png?w=14&#038;ssl=1\" alt=\"Up\" ><\/td>\n<td><strong>FTSE 100<\/strong><\/td>\n<td>6,939<\/td>\n<td>+0.7% (YTD: +7.4%)<\/td>\n<\/tr>\n<tr>\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/positive.png?w=14&#038;ssl=1\" alt=\"Up\" ><\/td>\n<td><strong>Brent crude<\/strong><\/td>\n<td>USD 68.58<\/td>\n<td>+4.6%<\/td>\n<\/tr>\n<tr class=\"gray-table\">\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/negative.png?w=14&#038;ssl=1\" alt=\"Down\" ><\/td>\n<td><strong>Natural gas <\/strong>(Nymex)<\/td>\n<td>USD 2.62<\/td>\n<td>-0.1%<\/td>\n<\/tr>\n<tr>\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/none.png?w=14&#038;ssl=1\" alt=\"None\" ><\/td>\n<td><strong>Gold<\/strong><\/td>\n<td>USD 1,736.60<\/td>\n<td>-%<\/td>\n<\/tr>\n<tr class=\"gray-table\">\n<td><img data-recalc-dims=\"1\" decoding=\"async\" class=\"market-arrow\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/negative.png?w=14&#038;ssl=1\" alt=\"Down\" ><\/td>\n<td><strong>BTC<\/strong><\/td>\n<td>USD 63,193<\/td>\n<td>-0.4% (as of midnight)<\/td>\n<\/tr>\n<\/tbody>\n<\/table><p><strong>The EGX30 fell 1.9% yesterday<\/strong> on turnover of EGP 975 mn (28.4% above the 90-day average). Foreign investors were net sellers. The index is down 6.7% YTD.<\/p><p><strong>In the green: <\/strong>Fawry (+5.3%).<\/p><p><strong>In the red: <\/strong>MM Group (-7.9%), AMOC (-7.7%) and ElSewedy Electric (-6.9%).<\/p><p><strong>Asian shares are mixed this morning<\/strong>, with stocks in Shanghai and Hong Kong in the red while the Nikkei and Kospi are clinging (barely) to the green. Futures suggest a mixed open for European stocks. Wall Street is set to open in the green, while Bay Street will likely start in the red.<\/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\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cryptocurrency\/\">cryptocurrency<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/earnings\/\">earnings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-markets\/\">Financial Markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/goldman-sachs\/\">Goldman Sachs<\/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\/ireland\/\">Ireland<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/jpmorgan\/\">JPMorgan<\/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\/planet-finance\/\">Planet Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax-havens\/\">tax havens<\/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=\"561660\" 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=\"561660\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/around-the-world-on-15-april-2021\/\">\r\n                            Around the World on 15 April 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\/04\/15\/around-the-world-on-15-april-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\/04\/15\/around-the-world-on-15-april-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\/04\/15\/around-the-world-on-15-april-2021\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Around the World on 15 April 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/around-the-world-on-15-april-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\/04\/15\/around-the-world-on-15-april-2021\/&title=Around the World on 15 April 2021\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Around+the+World+on+15+April+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F15%2Faround-the-world-on-15-april-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\/04\/15\/around-the-world-on-15-april-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561660\" class=\"content-area-description single-story post-561660 post type-post status-publish format-standard hentry category-around-the-world tag-2015-nuclear-agreement tag-around-the-world tag-diplomacy tag-enterpriseam tag-iran tag-israel tag-politics tag-us wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Iran warns US of nuclear talks failure:<\/strong> Iran\u2019s foreign minister <a href=\"https:\/\/twitter.com\/JZarif\/status\/1382299672572796928\">has warned<\/a> that the recent attack on its Natanz nuclear facility has initiated a \u201cdangerous spiral\u201d and warned that there\u2019s \u201cnot much time\u201d for the US to return to the 2015 nuclear agreement and remove its Trump-era sanctions. The warning comes ahead of talks to be held this week between Iran, the US, China, Russia and three European countries <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-04-14\/iran-s-nuclear-advance-attacks-deepen-crisis-on-eve-of-talks?srnd=premium-middle-east&sref=mmeFTDW1\">in Vienna today<\/a>. Earlier this week, Tehran said it would <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a5d9fb36-1b1d-4982-bbde-fb14c23f649e\">enrich uranium to 60%<\/a>, risking pushing the talks into crisis.<\/p>\n<p><strong>Iran has been accused by Israeli officials of attacking an Israeli-owned ship in the Arabian Gulf on Tuesday<\/strong>, raising temperatures further ahead of the talks, <a href=\"https:\/\/www.reuters.com\/article\/us-gulf-ship-israel\/ship-owned-by-israeli-firm-attacked-off-uae-coast-media-idUSKBN2C02CS?il=0\">Reuters<\/a> reports. They said the attack was a retaliation for the sabotage of Tehran\u2019s Natanz nuclear facility, which the Iranian government blamed on Israel.<\/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\/2015-nuclear-agreement\/\">2015 nuclear agreement<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/around-the-world\/\">Around the World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561661\" 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=\"561661\">\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\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/my-wfh-routine-claudius-boller-managing-director-of-spotify-middle-east-and-africa\/\">\r\n                            My WFH Routine: Claudius Boller, managing director of Spotify Middle East and Africa                        <\/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\/04\/15\/my-wfh-routine-claudius-boller-managing-director-of-spotify-middle-east-and-africa\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Speaking to us this week is Claudius Boller, managing director of Spotify Middle East and Africa (<a href=\"https:\/\/ae.linkedin.com\/in\/claudiusboller\">LinkedIn<\/a>). Edited excerpts from our conversation:<\/p>\n<p><strong>My name is Claudius Boller, and I\u2019m a proud father of two kids and the managing director of Spotify Middle East and Africa.<\/strong> Spotify is a Swedish audio streaming subscription service founded in 2008, with 345 mn active monthly users globally and 155 mn paying subscribers. I\u2019ve been in the region for over 14 years now and have loved how vibrant it is. I joined Spotify about four years ago after working at a major record label.<\/p>\n<p><strong>My job is exciting and my role is constantly evolving:<\/strong> We first launched in the region in South Africa and followed that with 13 new markets across the Middle East and North Africa in 2018 where there\u2019s a rapidly growing young population. Our mission at Spotify is to become the number one audio platform for music discovery.<\/p>\n<p><strong>We consider ourselves a global brand but we\u2019re 100% localized.<\/strong> Although I\u2019m currently based in Dubai, I used to travel around the region \u2014 where we have a multitude of local partners \u2014 very frequently over the years. Since the pandemic hit and things went online, travel has been put on hold. It took a few weeks to adjust to the lack of in person contact but as a global company, the majority of our meetings were already virtual, so the transition was pretty easy. We do miss our office though, which is a great collaborative space for our team and for creatives to come in for visits.<\/p>\n<p><strong>Today, Spotify has a Work From Anywhere (WFA) model, which allows us to work from wherever we do our best thinking.<\/strong> Employees have the chance to choose a work mode \u2014 whether they\u2019d prefer to be mostly at home or in the office \u2014 as well as their geographic location. We believe that work is not a place that you go to but something you do, which is a philosophy I think will contribute to a longer term transformation in the way we work.<\/p>\n<p><strong>I\u2019m usually woken up at 8 am by my daughter jumping on the bed or by my smart speaker playing a Spotify playlist.<\/strong> I check in with my family first thing in the morning then go for a quick run and some exercise \u2014 which has been helping me sleep way better at night. I start my work day by checking in with my team and then I read the news, I have just started reading EnterprisePM and I find it very informative. I like outlets that provide an overview of what's going on in the region.<\/p>\n<p><strong>I like to plan my days a week in advance but there's always something new and exciting happening at Spotify<\/strong> so we're quick to jump on new things. Otherwise, most of our work is guided by a five-year strategy, so I tend to check in on how we're working towards those goals. Sometimes I take a break in the middle of the day for a few hours to focus on family and our newest born child, who's almost three months old, which means I shift my schedule to work later in the evening.<\/p>\n<p><strong>WFH has helped a lot with staying on top of parental responsibilities<\/strong> but Spotify has always been very accommodating of both paternal and maternal leave for parents. I always encourage my team to block time in their calendars to focus on their personal needs. The key here is communication so everyone knows exactly when to expect each other online.<\/p>\n<p><strong>We saw a lot of people discovering new genres through our platform during the pandemic<\/strong>, particularly genres for winding down, getting better sleep and meditation. We see a lot of children\u2019s songs picking up too as families spend more time together at home.<\/p>\n<p><strong>I listen to a new playlist everyday to help me switch off, and by doing so I discover new music on a daily basis.<\/strong> Otherwise I go for a swim with the kids or go on a walk. I try to go surfing from time to time when the morning waves permit. My time has been very family oriented this past year.<\/p>\n<p><strong>For books I'd definitely recommend<\/strong><strong><a href=\"https:\/\/www.goodreads.com\/book\/show\/40109367-dare-to-lead\">Dare to Lead by Bren\u00e9 Brown<\/a><\/strong><strong>, especially now.<\/strong> I've been following the Netflix show <a href=\"https:\/\/www.netflix.com\/title\/80204890\">Drive to Survive<\/a> with my wife, which is about Formula I. Watching this season shot during the pandemic is especially interesting because you can see the challenges of managers trying to keep their teams together while traveling the world to compete at empty race tracks.<\/p>\n<p><strong>The best piece of advice I've been given was from my wife, who said be authentic and be human.<\/strong> This is how we connect.<\/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\/my-morning-routine\/\">MY MORNING ROUTINE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/spotify\/\">Spotify<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/work-from-home\/\">Work from home<\/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=\"561663\" 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=\"561663\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/the-uae-has-its-next-lunar-project-planned\/\">\r\n                            The UAE has its next lunar project planned                        <\/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\/04\/15\/the-uae-has-its-next-lunar-project-planned\/\" 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\/04\/15\/the-uae-has-its-next-lunar-project-planned\/')\">\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\/04\/15\/the-uae-has-its-next-lunar-project-planned\/\">\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 UAE has its next lunar project planned&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/the-uae-has-its-next-lunar-project-planned\/\">\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\/04\/15\/the-uae-has-its-next-lunar-project-planned\/&title=The UAE has its next lunar project planned\">\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+UAE+has+its+next+lunar+project+planned+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F15%2Fthe-uae-has-its-next-lunar-project-planned%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\/04\/15\/the-uae-has-its-next-lunar-project-planned\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561663\" class=\"content-area-description single-story post-561663 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam tag-japan tag-on-your-way-out tag-space tag-spacex tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Hala wallah and konnichiwa, moon:<\/strong> Japan will send a UAE rover to the moon in 2022, as part of the UAE\u2019s push to diversify its economy through technological development, <a href=\"https:\/\/www.reuters.com\/article\/us-emirates-space-moon\/uae-partners-with-japans-ispace-to-send-rover-to-the-moon-in-2022-idUSKBN2C10N7?il=0\">Reuters<\/a> reports. The rover \u2014 which will be built by the Mohammed bin Rashid space center \u2014 will be carried to the moon through Japanese company iSpace using a Falcon 9 rocket made by Elon Musk\u2019s SpaceX, and will remain on the moon after collecting and sending data. The UAE\u2019s national space program was launched in 2017, and deployed the Arab world\u2019s first interplanetary probe into Mars\u2019 orbit in February.<\/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\/japan\/\">Japan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/space\/\">space<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/spacex\/\">SpaceX<\/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=\"561664\" 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\/04\/15\/your-essential-business-calendar-on-15-april\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561664\" class=\"content-area-description single-story post-561664 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>April: The government\u2019s fuel pricing committee is scheduled to meet for its quarterly review of prices.<\/p>\n<p>April: EBRD president Odile Renaud-Basso <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2308519\">expected to visit Egypt<\/a>.<\/p>\n<p>25 April (Sunday): Sinai Liberation Day.<\/p>\n<p>29 April (Thursday): National holiday in observance of Sinai Liberation Day (TBC \u2014 the holiday could be observed on a Sunday or a Thursday).<\/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 (Turnkey Expo), 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>12-15 September (Sunday-Wednesday): <a href=\"https:\/\/www.saharaexpo.com\/en\/home.html\">Sahara Expo<\/a>: the 33rd International Agricultural Exhibition for Africa and the Middle East.<\/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>30 September-8 October (Thursday-Friday): The 54th session of the <a href=\"http:\/\/www.cairofair.com\/\">Cairo International Fair<\/a>, Cairo International Conference 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>12-14 October (Tuesday-Thursday) <a href=\"https:\/\/www.facebook.com\/MOC.Egypt.show\/videos\/297288814759237\/?__tn__=-R\">Mediterranean Offshore Conference<\/a>, Alexandria, Egypt<\/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>1-3 November (Monday-Wednesday): <a href=\"https:\/\/www.egypt-energy.com\/en\/home.html\">Egypt Energy<\/a> exhibition on power and renewable energy, Egypt International Exhibition Center, Cairo, Egypt<\/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>29 November-2 December (Monday-Thursday): <a href=\"https:\/\/www.egyptdefenceexpo.com\/\">Egypt Defense Expo<\/a><\/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>May 2022: Investment in Logistics Conference, Cairo, Egypt.<\/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":561640,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-561639","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"622ec1fd-f708-4dd7-aaf2-11a4eac147e2","teaser":"","photo_url":"https:\/\/ent.news\/2021\/4\/153.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>Carrefour to invest EGP 400 mn opening new locations this year - 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\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carrefour to invest EGP 400 mn opening new locations this year\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T03:23:35+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/153.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\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/\",\"name\":\"Carrefour to invest EGP 400 mn opening new locations this year - 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