{"id":561939,"date":"2021-04-27T04:00:16","date_gmt":"2021-04-27T04:00:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=561939"},"modified":"2025-12-16T03:30:51","modified_gmt":"2025-12-16T03:30:51","slug":"sinovac-jab-cleared-for-emergency-use-in-egypt","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/sinovac-jab-cleared-for-emergency-use-in-egypt\/","title":{"rendered":"Sinovac jab cleared for emergency use in Egypt"},"content":{"rendered":"<section id=\"561941\" 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=\"561941\">\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\/27\/this-morning-madbouly-to-announce-2021-2022-reform-agenda-today-food-prices-surge-to-eight-year-highs\/\">\r\n                            THIS MORNING: Madbouly to announce 2021-2022 reform agenda today; food prices surge to eight-year highs                        <\/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\/27\/this-morning-madbouly-to-announce-2021-2022-reform-agenda-today-food-prices-surge-to-eight-year-highs\/\" 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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food prices surge to eight-year highs\">\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=THIS+MORNING%3A+Madbouly+to+announce+2021-2022+reform+agenda+today%3B+food+prices+surge+to+eight-year+highs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F27%2Fthis-morning-madbouly-to-announce-2021-2022-reform-agenda-today-food-prices-surge-to-eight-year-highs%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\/27\/this-morning-madbouly-to-announce-2021-2022-reform-agenda-today-food-prices-surge-to-eight-year-highs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561941\" class=\"content-area-description single-story post-561941 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-amcham tag-central-bank-of-egypt tag-commodities tag-economic-reform-program tag-enterpriseam tag-inflation tag-interest-rates tag-mohamed-maait tag-mostafa-madbouly tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>Good morning, dear readers \u2014 we\u2019re halfway through Ramadan already<\/strong>. The news is mercifully light this morning as we look forward to kicking back on a long weekend.<\/p><p><strong>WHAT\u2019S HAPPENING TODAY-<\/strong><\/p><p><strong>Prime Minister Mostafa Madbouly will announce the government\u2019s reform<\/strong> <strong>agenda for the coming fiscal year later today<\/strong>, Planning Minister Hala El Said <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1915464055298617\">said<\/a> yesterday. The FY 2021-2022 sustainable development plan will include a number of structural reforms, she said, without disclosing further details. Structural reforms to support private sector growth, particularly regarding state involvement in the economy, have been a key demand of the IMF, and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/763212c9-b3e8-4cfe-907c-ca14b52416dd\">are linked to Egypt\u2019s current USD 5.2 bn loan programme<\/a>.<\/p><p><strong>El Said has already given a preview of what we can expect from the plan:<\/strong> The minister said <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9d546405-7581-4176-abf2-90acec8409e8\">earlier this month<\/a> the program will aim to increase the private sector\u2019s role in the economy, without providing further information. Also on the agenda: levelling up growth sectors, increasing funding for green projects, upping spending on infrastructure in impoverished areas, and raising investment in HR and vocation training.<\/p><p><strong>Finance Minister Mohamed Maait is addressing AmCham\u2019s Pre-Annual General Meeting <\/strong><strong>today<\/strong> to discuss Egypt\u2019s economic reform beyond the pandemic. The event will be held virtually at 2pm CLT. Members and non-members alike are welcome to attend. <a href=\"https:\/\/www.amcham.org.eg\/events-activities\/events\/online-registration\/1363\">Register here<\/a>.<\/p><p><strong>The US Federal Reserve kicks off its two-day policy meeting today<\/strong> against a backdrop of a rapidly recovering economy and an accelerating vaccine rollout. All the same, don\u2019t expect any immediate unwinding of the central bank\u2019s crisis measures.<\/p><p><strong>Here at home, the Central Bank of Egypt will meet<\/strong><strong> tomorrow to review interest rates.<\/strong> The committee typically meets on Thursdays, but moved the meeting up as Thursday will be a national holiday in observance of Sinai Liberation Day. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8910da7e-ed9e-445f-b3f5-83332b197e55\">Our poll<\/a> of 14 economists and analysts suggests the committee will keep rates where they are. A similar <a href=\"https:\/\/www.reuters.com\/article\/instant-article\/idINL8N2MI09L\">Reuters<\/a> poll out yesterday showed 19 of 20 analysts predicting a hold.<\/p><p><strong>We<\/strong><strong> still don\u2019t know what the holiday schedule is for next week<\/strong> as officials have yet to make clear whether Sunday (Coptic Easter) is a bank holiday. They have also not indicated when we will observe Sham El Nessim, which falls on Monday.<\/p><p><strong>***CATCH UP QUICK<\/strong> with the top stories from yesterday\u2019s edition of EnterprisePM:<\/p><ul>\n<li>We have an idea of what <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ee9f3a01-09ea-42cf-8afb-63027f892ce0\">private sector involvement<\/a><\/strong><strong> in Egypt\u2019s railways might look like<\/strong>.<\/li>\n<li><strong>Israel\u2019s Delek is moving to <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/76d27696-bf15-40b2-9b8a-eaf435587b17\">sell its stake<\/a><\/strong><strong> in its Tamar natural gas field<\/strong> to UAE holding company Mubadala.<\/li>\n<li><strong>Orascom Construction <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/13d42a6d-5860-447d-8240-f5c8648ec9c1\">netted USD 650 mn<\/a><\/strong><strong> in awards<\/strong> in 1Q2021.<\/li>\n<\/ul><p><strong>** So, when do we eat?<\/strong> We get to sit down for iftar at 6:29pm this evening, and will have until 3:42am to wrap up our sohour.<\/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><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Food pri<\/strong><strong>ces are surging:<\/strong> Crop prices climbed to highs not seen since 2013 last week, causing analysts to warn that the prices of some of the world\u2019s most important food commodities are in a bubble, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-04-26\/crop-prices-on-a-roll-as-soybeans-rocket-to-highest-since-2013?sref=mmeFTDW1\">Bloomberg<\/a> reports. The Bloomberg Agriculture Spot Index, which tracks prices of key commodities such as wheat, corn and soy, rose the most in nine years as poor weather in major producing countries and huge Chinese demand heaped pressure on supply. The US may have to step in and ration demand, Jacqueline Holland, an analyst at Farm Futures, told the business news information service. \u201cFarmers are either running out of crops to sell or waiting for the market to go even higher,\u201d she said.<\/p><p><strong>In detail:<\/strong> Wheat prices climbed to USD 7.395 per bushel, the highest level since February 2013, while corn closed the week at USD 6.575 a bushel, the highest since May 2013. Soybean oil futures, which have tripled since last April, are now at levels not seen since the global financial crisis in 2008.<\/p><p><strong>CIRCLE YOUR CALENDAR-<\/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><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/INFINITY-Top-banner-EN-1600x675-v2-02.png?ssl=1\" alt=\"enterprise\"><\/p><p><strong>*** It\u2019s Going Green day \u2014 your weekly briefing of all things green in Egypt:<\/strong> Enterprise\u2019s weekly Going Green vertical focuses each Tuesday on Egypt\u2019s burgeoning green economy.<\/p><p><strong>In today\u2019s issue: <\/strong>Egypt\u2019s air pollution isn\u2019t only a health hazard \u2014 it <a href=\"https:\/\/enterprise.press\/greeneconomys\/air-pollution-costing-egypt\/\">brings major economic costs<\/a>, estimated at EGP 47 bn a year by the World Bank. And it\u2019s set to get worse, driven by population growth, urbanization and industry reliance. So what\u2019s being done to tackle the problem? The <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7cc2419e-b95a-4513-a27e-ed1db1ab9d0f\">recently-greenlit<\/a> USD 200 mn World Bank loan is one significant initiative. We look at how government-led programs, supported by development finance institutions and the private sector, are either directly targeting emissions reduction or seeing it as a major byproduct of their activities.<\/p>\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\/amcham\/\">AmCham<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/central-bank-of-egypt\/\">Central Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economic-reform-program\/\">economic reform program<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/interest-rates\/\">interest rates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-maait\/\">Mohamed Maait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mostafa-madbouly\/\">Mostafa Madbouly<\/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=\"561942\" 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=\"561942\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/561942\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561942\" class=\"content-area-description single-story post-561942 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\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=\"561943\" 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=\"561943\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">COVID WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/sinovac-given-emergency-approval-health-minister-to-face-questions-in-parliament-over-handling-of-latest-outbreak\/\">\r\n                            Sinovac given emergency approval + health minister to face questions in parliament over handling of latest outbreak                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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href=\"https:\/\/api.whatsapp.com\/send?text=Sinovac+given+emergency+approval+%2B+health+minister+to+face+questions+in+parliament+over+handling+of+latest+outbreak+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F27%2Fsinovac-given-emergency-approval-health-minister-to-face-questions-in-parliament-over-handling-of-latest-outbreak%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\/27\/sinovac-given-emergency-approval-health-minister-to-face-questions-in-parliament-over-handling-of-latest-outbreak\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561943\" class=\"content-area-description single-story post-561943 post type-post status-publish format-standard hentry category-covid-watch tag-astrazeneca tag-covid-19 tag-egyptian-drug-authority tag-enterpriseam tag-europe tag-hala-zayed tag-health-minister tag-new-zealand tag-singapore tag-sinopharm tag-sinovac tag-us tag-vaccines wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a><strong> Sinovac cleared for use in Egypt:<\/strong> Health regulators have granted approval to China\u2019s Sinovac vaccine for emergency use, the authority said in a <a href=\"https:\/\/www.facebook.com\/egyptiandrugauthority\/posts\/295351562307934\">statement<\/a> last night. This is the fourth covid vaccine approved by the EDA following Sinopharm, Oxford \/ AstraZeneca, and Russia\u2019s Sputnik V.<\/p>\n<p><strong>Sinovac\u2019s efficacy rate is \u2026 fine:<\/strong> Sinovac has an <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-brazil-coronavirus-idUSKBN29H2CE\">efficacy rate of 50.4%<\/a> in preventing infections \u2014 well below the <a href=\"https:\/\/www.bbc.com\/news\/health-55900622\">92%<\/a> efficacy rate boasted by Sputnik V, the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/03ce2265-7c1a-4c16-8f49-ea5d1489af0b\">79%<\/a> reported by Sinopharm, and <a href=\"https:\/\/www.astrazeneca.com\/media-centre\/press-releases\/2021\/covid-19-vaccine-astrazeneca-confirms-protection-against-severe-disease-hospitalisation-and-death-in-the-primary-analysis-of-phase-iii-trials.html\">76%<\/a> by AstraZeneca. <a href=\"https:\/\/www.reuters.com\/article\/idUSC6N2IM00H\">Reuters<\/a> also covered the story.<\/p>\n<p><strong>Egypt is preparing to start local production of the vaccine:<\/strong> Egypt plans to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/267cc9de-d0d4-4107-af35-d0d9cbb5e86e\">manufacture 40-60 mn doses of the Chinese vaccine each year<\/a> after state-owned vaccine maker Vacsera signed an agreement with the company last week. An initial batch of 5 mn doses will be produced over the next two months. And local pharma company Minapharm will <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f26e1432-d88a-4d80-a628-e03687889ed5\">produce some 40 mn doses of Sputnik each year<\/a>, with production scheduled to start in November.<\/p>\n<p><strong>State-owned Vacsera will be able to produce up to 100 mn doses a year<\/strong> following the opening of its new plant in Sixth of October City, <a href=\"https:\/\/www.elwatannews.com\/news\/details\/5456191?t=push\">El Watan<\/a> quoted Health Minister Hala Zayed during a presser. The new facility will have a production capacity of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/267cc9de-d0d4-4107-af35-d0d9cbb5e86e\">40-60 mn doses<\/a>.<\/p>\n<p><strong>Zayed is being called to parliament to explain the situation in Sohag:<\/strong> The House Health Committee has summoned the health minister to deliver a statement in light of the deteriorating situation in Sohag, <a href=\"https:\/\/bit.ly\/3vjG12n\">Youm7<\/a> reports. Committee chair Ashraf Hatim said the minister will face questions on the rising volume of cases nationwide, which he described as a \u201creal problem,\u201d while other committee members voiced concerns about a lack of supplies in hospitals in Sohag.<\/p>\n<p><strong>And the Doctors\u2019 Syndicate isn\u2019t happy as the death toll mounts:<\/strong> Sixty-one medical professionals have died from covid-19 since the beginning of April, roughly double the monthly figure seen in past months, the Doctors Syndicate said in a <a href=\"https:\/\/www.facebook.com\/Egyptian.Medical.Syndicate\/posts\/4057748067579904\">statement<\/a> yesterday. This brings the total to almost 500. The syndicate criticized the health minister\u2019s statement this week which only mentioned the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/883ea982-142e-4554-baff-8d904470d521\">115 doctors working in isolation hospitals<\/a> that have died, rather than the total figure. It also urged the ministry to either provide vaccines to all doctors or ensure that they are provided with equipment to protect them from the virus.<\/p>\n<p><strong>Cases + deaths rose again yesterday:<\/strong> The Health Ministry <a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/367182954832323\">reported<\/a> 991 new covid-19 infections yesterday, up from 953 the day before. Egypt has now disclosed a total of 223,514 confirmed cases of covid-19. Cases have now risen continuously for more than three weeks, and are up more than 40% from the end of last month. The ministry also reported 58 new deaths, the highest daily figure since mid-February. The country\u2019s total death toll is now 13,107.<\/p>\n<p><strong>Our covid resilience is improving, according to Bloomberg:<\/strong> Egypt is now ranked 38 on <a href=\"https:\/\/www.bloomberg.com\/graphics\/covid-resilience-ranking\/?sref=mmeFTDW1\">Bloomberg\u2019s Covid Resilience ranking<\/a> after rising 10 spots in April, up from the 47th spot in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4e04a9ee-c40e-46d0-b232-88743cf8b1a3\">January<\/a>. The improvement in our resilience enduring covid-19 comes as the country\u2019s vaccine rollout picks up steam, with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5d6f2923-22e5-45ba-bbdb-95040fb52ca8\">680k doses of the Sinopharm vaccine<\/a> and the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/71d6f4da-5532-481e-8b01-d60c79d39528\">first 854k-dose batch of Oxford \/ AstraZeneca jabs<\/a> from the Gavi \/ Covax program landing in Egypt. Some <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/267cc9de-d0d4-4107-af35-d0d9cbb5e86e\">5 mn doses of China\u2019s Sinovac vaccine<\/a> will also be locally produced within two months at the factories of state-owned Vacsera, before bringing the total to 40-60 mn per year. Bloomberg\u2019s ranking is \u201ca measure of the best places to be in the coronavirus era\u201d by looking at a country\u2019s metrics such as monthly cases and fatality rates, percentage of the population covered by vaccine supply agreements, the strength of its healthcare system, and GDP growth forecasts.<\/p>\n<p><strong>At the top: Singapore, New Zealand and Australia<\/strong> are still leading the ranking.<\/p>\n<p><strong>At the bottom: Poland and Brazil<\/strong> are the lowest-ranked countries on the list.<\/p>\n<p><strong>COVID AROUND THE WORLD-<\/strong><\/p>\n<p><strong>The US is going to stop hoarding vaccines: <\/strong>The US will send up to 60 mn doses of the AstraZeneca vaccine to other countries as \u201cthey become available,\u201d Andy Slavitt, a senior adviser to President Joe Biden, said in a <a href=\"https:\/\/twitter.com\/aslavitt46\/status\/1386728329257144322\">tweet<\/a> yesterday. The US is on course to acquire <a href=\"https:\/\/www.washingtonpost.com\/world\/2021\/04\/15\/united-states-vaccine-sharing\/\">300 mn<\/a> excess doses by July, leading to <a href=\"https:\/\/www.washingtonpost.com\/politics\/us-to-share-up-to-60-million-doses-of-astrazeneca-coronavirus-vaccine-with-other-countries-official-says\/2021\/04\/26\/b2dab8a0-a694-11eb-bca5-048b2759a489_story.html\">growing calls<\/a> for it to share its stockpile with countries still in the throes of the pandemic.<\/p>\n<p><strong>EU sues Astrazeneca over missed deliveries: <\/strong>The EU is suing AstraZeneca for allegedly failing to deliver the contracted number of doses, the <a href=\"https:\/\/www.bbc.com\/news\/world-europe-56891326\">BBC<\/a> reports. The EU Commission signed up to purchase 300 mn doses last August, but the company only shipped 30 mn of an agreed 80 mn in the first quarter and is on course to provide only 70 mn of 180 mn doses this quarter. AstraZeneca said earlier this year that production problems meant it would have to reduce its supplies, and said yesterday that the lawsuit was \"without merit.\"<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/astrazeneca\/\">AstraZeneca<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-drug-authority\/\">Egyptian Drug Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/europe\/\">Europe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hala-zayed\/\">Hala Zayed<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-minister\/\">Health Minister<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-zealand\/\">New Zealand<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/singapore\/\">Singapore<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sinopharm\/\">Sinopharm<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sinovac\/\">Sinovac<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vaccines\/\">vaccines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561944\" 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=\"561944\">\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\">Economy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/egypts-inclusion-in-jpmorgans-bond-index-could-be-less-lucrative\/\">\r\n                            Egypt\u2019s inclusion in JPMorgan's bond index could be less lucrative                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/egypts-inclusion-in-jpmorgans-bond-index-could-be-less-lucrative\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/281.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"561945\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/egypts-inclusion-in-jpmorgans-bond-index-could-be-less-lucrative\/281-jpg-47\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/281.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"281.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/281.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/281.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561944\" class=\"content-area-description single-story post-561944 post type-post status-publish format-standard has-post-thumbnail hentry category-economy tag-economy tag-enterpriseam tag-finance-minister tag-jpmorgan tag-mohamed-maait 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>Inclusion in the JPMorgan bond index may not be quite as lucrative as first <\/strong><strong>thought<\/strong><strong>:<\/strong> Egypt could see inflows worth USD 1.4-2.2 bn in the local currency bond market if JPMorgan reincludes it in its emerging-market government bond index, research analysts at the investment bank have said, according to <a href=\"https:\/\/finance.yahoo.com\/news\/egypt-ukraine-bonds-modest-lift-091951521.html\">Reuters<\/a>.<\/p>\n<p><strong>Finance Minister Mohamed Maait <\/strong><strong><a href=\"https:\/\/www.mof.gov.eg\/ar\/posts\/media\/607aa9a16bd960000999f1b1\/%D9%88%D8%B2%D9%8A%D8%B1%20%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9..%20%D8%A8%D8%B9%D8%AF%20%D8%A7%D9%86%D8%B6%D9%85%D8%A7%D9%85%20%D9%85%D8%B5%D8%B1%20%D9%84%D9%82%D8%A7%D8%A6%D9%85%D8%A9%20%D8%A7%D9%84%D9%85%D8%B1%D8%A7%D9%82%D8%A8%D8%A9%20%D9%84%D9%85%D8%A4%D8%B4%D8%B1%20%C2%AB%D8%AC%D9%8A.%20%D8%A8%D9%8A.%20%D9%85%D9%88%D8%B1%D8%AC%D8%A7%D9%86%C2%BB%20%D9%84%D9%84%D8%B3%D9%86%D8%AF%D8%A7%D8%AA%20%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D9%8A%D8%A9%20%D8%AA%D9%85%D9%87%D9%8A%D8%AF%D9%8B%D8%A7%20%D9%84%D8%A7%D9%86%D8%B6%D9%85%D8%A7%D9%85%D9%87%D8%A7%20%D9%84%D9%84%D9%85%D8%A4%D8%B4%D8%B1%20%D8%AE%D9%84%D8%A7%D9%84%20%D8%A7%D9%84%D8%A3%D8%B4%D9%87%D8%B1%20%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84%D8%A9:%C2%A0\">this month said<\/a><\/strong><strong> Egypt could expect USD 4.4 bn<\/strong><strong> in inflows<\/strong> after being included in the index, while an economist at South African financial services company RMB Holdings <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a5aae968-5b2f-4ad1-a71b-3fcef02a764d\">put the figure at USD 4.8 bn<\/a>.<\/p>\n<p><strong>Expect it to be closer to USD 1.4 bn:<\/strong> \"With investors already holding relatively large [overweight] positions in local assets, particularly in Egypt, we expect inflows are likely to be closer to the lower end of this range,\u201d the analysts said.<\/p>\n<p><strong>What we know so far:<\/strong> The US bank <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2942a7fd-4cca-4286-98b3-5c2d1c99da8a\">said this month<\/a> it had put Egypt on its \u2018index watch positive\u2019 list, meaning that it is looking at including the country\u2019s local-currency bonds on its popular index of sovereign EM bonds. Fourteen Egyptian bonds are up for consideration in the index, which would have a weight of almost 1.78%, the analysts said. The bank will make a decision within the next six months.<\/p>\n<p><strong>This wouldn\u2019t be the first time Egypt has been a part of the index<\/strong>, having been kicked off in the wake of the economic turmoil that followed the 25 January Revolution in 2011.<\/p>\n<p><strong>Waiting for Euroclear?<\/strong> Egyptian bonds <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8a1b21c3-fa9d-4c13-9002-b4b8712e3e07\">could be cleared through the Belgium-based clearinghouse Euroclear<\/a> between September and November this year, making it easier for foreign investors to invest in EGP bonds.<\/p>\n<p><strong>Don\u2019t know what Euroclear is?<\/strong> Check out our explainer <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8a1b21c3-fa9d-4c13-9002-b4b8712e3e07\">here<\/a>.<\/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\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance-minister\/\">Finance Minister<\/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\/mohamed-maait\/\">Mohamed Maait<\/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=\"561946\" 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=\"561946\">\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\/27\/potential-compromise-to-end-ever-given-dispute\/\">\r\n                            Potential compromise to end Ever Given dispute?                        <\/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\/27\/potential-compromise-to-end-ever-given-dispute\/\" 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\/27\/potential-compromise-to-end-ever-given-dispute\/')\">\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\/27\/potential-compromise-to-end-ever-given-dispute\/\">\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=Potential compromise to end Ever Given dispute?&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/potential-compromise-to-end-ever-given-dispute\/\">\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\/27\/potential-compromise-to-end-ever-given-dispute\/&title=Potential compromise to end Ever Given dispute?\">\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=Potential+compromise+to+end+Ever+Given+dispute%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F27%2Fpotential-compromise-to-end-ever-given-dispute%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\/27\/potential-compromise-to-end-ever-given-dispute\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/282.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"561947\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/potential-compromise-to-end-ever-given-dispute\/282-jpg-30\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/282.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"282.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/282.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/282.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561946\" class=\"content-area-description single-story post-561946 post type-post status-publish format-standard has-post-thumbnail hentry category-suez-canal tag-dispute-watch tag-enterpriseam tag-ever-given tag-insurance tag-logistics 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-03\"><\/a> <strong>The Suez Canal Authority seems to be signalling it wants to strike an agreement to set the Ever Given free. <\/strong>The Suez Canal Authority (SCA) will offer \u201cgreat\u201d considerations to the owner of the Ever Given mega container ship that blocked the Suez Canal in March to ensure talks to negotiate an agreement on compensation are successful, SCA Chairman Osama Rabie said, according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/photos\/a.825570437621323\/1915367165308306\/\">cabinet statement<\/a>. The authority is \u201ceager\u201d to reach an agreement that is fair to all parties involved, Rabie added.<\/p>\n<p><strong>The SCA seized the ship <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3eb957c5-fd2a-457b-8f63-a3f5d2e7093e\">earlier this month<\/a><\/strong><strong> and demanded USD 916 mn in compensation<\/strong> from its Japanese owner, Shoei Kisen. The compensation covers a \u201csalvage bonus\u201d and damages to the canal\u2019s embankment and its global reputation. Shoei Kisen has, however, appealed the ship\u2019s seizure and the ins. company UK Club alleged the SCA\u2019s claim is \u201cextraordinarily large\u201d and unsubstantiated. The authority is also coming <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d19cf015-3fe5-4be7-a9ea-0f8a965dc66a\">under pressure<\/a> to release the ship\u2019s crew members.<\/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\/dispute-watch\/\">dispute watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ever-given\/\">Ever Given<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/insurance\/\">insurance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"561948\" 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=\"561948\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/turkish-mission-in-egypt-next-week\/\">\r\n                            Turkish mission in Egypt next week?                        <\/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\/27\/turkish-mission-in-egypt-next-week\/\" 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\/27\/turkish-mission-in-egypt-next-week\/')\">\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\/27\/turkish-mission-in-egypt-next-week\/\">\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=Turkish mission in Egypt next week?&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/turkish-mission-in-egypt-next-week\/\">\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\/27\/turkish-mission-in-egypt-next-week\/&title=Turkish mission in Egypt next week?\">\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=Turkish+mission+in+Egypt+next+week%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F27%2Fturkish-mission-in-egypt-next-week%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\/27\/turkish-mission-in-egypt-next-week\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/283.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"561949\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/turkish-mission-in-egypt-next-week\/283-jpg-16\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/283.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"283.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/283.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/283.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561948\" class=\"content-area-description single-story post-561948 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-enterpriseam tag-libya tag-muslim-brotherhood tag-politics 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-05\"><\/a> <strong>Egypt-Turkey<\/strong> <strong>ties could be mended soon as a Turkish diplomatic mission is<\/strong><strong> scheduled to visit Egypt next week <\/strong>as Ankara pushes to reestablish ties with Cairo after nearly a decade of animosity, Turkish presidential spokesperson Ibrahim Kalin told <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2CD1JY\">Reuters<\/a>. The planned visit comes as the two countries\u2019 intelligence chiefs and foreign ministers have been in touch in Ankara\u2019s efforts to turn over a new leaf with Egypt, Kalin said. Normalizing relations with Egypt would also serve a regional benefit, including \u201cthe security situation in Libya because we fully understand that Egypt has a long border with Libya and that may sometimes pose a security threat for Egypt,\u201d he said.<\/p>\n<p><strong>Background:<\/strong> Foreign Minister Mevlut \u00c7avu\u015fo\u011flu declared earlier this month <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/704ea626-80bf-4b45-9089-961a0e8e1493\">\u201ca new era with Egypt\u201d<\/a> and suggested that officials from both sides would meet to discuss reinstating diplomatic missions and look for a way to turn the page on years of strained ties between the two countries. Turkey last month instructed the 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 has also suggested signing <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/97a7c519-e6da-49a3-a333-d6aef5ec7f00\">a maritime pact<\/a> with Egypt. In Turkey\u2019s latest bid to patch things up, Ankara proposed last week the establishment of a \u201cparliamentary friendship group\u201d that would bring together MPs from both countries who want to boost ties between their parliaments. This came despite Egypt\u2019s previous statement that it <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7d86d870-4e56-4d23-b100-62701da32f18\">would not hold bilateral talks<\/a> unless Ankara meets several conditions, including handing over some Ikhwan figures and barring members who fled to Turkey from naturalizing.<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/muslim-brotherhood\/\">Muslim Brotherhood<\/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\/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=\"561950\" 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=\"561950\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/561950\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561950\" class=\"content-area-description single-story post-561950 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-Estate2-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\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=\"561951\" 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=\"561951\">\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\">A MESSAGE FROM<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/561951\/\">\r\n                                                    <\/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\/27\/561951\/\" 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\/27\/561951\/')\">\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\/27\/561951\/\">\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=&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/561951\/\">\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\/27\/561951\/&title=\">\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=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F27%2F561951%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\/27\/561951\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561951\" class=\"content-area-description single-story post-561951 post type-post status-publish format-standard hentry category-a-message-from wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-07\" class=\"content-anchor\"><\/a> <strong>IFC\u2019s The Egypt of Tomorrow webinar series tackles healthcare <\/strong><\/p>\n<p>In March 2021, IFC launched The Egypt of Tomorrow, a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/91ef590c-e641-4e67-b33f-76d81073d50f\">new webinar series<\/a> to help tap the private sector\u2019s development potential. The first webinar focused on spurring the development of the healthcare sector. The key takeaways from the session agreed on by government, private sector, and development representatives:<\/p>\n<p>The way forward<\/p>\n<p>Health experts shared views on ways to engage with the private sector, especially regarding service delivery and management, and the private sector\u2019s role in the new healthcare system, providing ins. coverage, and helping to grow Egypt\u2019s pharma industry.<\/p>\n<p>To encourage more private investment in the healthcare sector, Egypt needs to press ahead with its reform agenda by reducing barriers to entry for private clinics and hospitals, creating uniform quality standards for healthcare facilities, developing infrastructure to support quality care delivery, and increasing the use of technology.<\/p>\n<p>Egypt would also be well-served to build its capacity to assess and regulate public-private partnerships, creating models that address private sector bankability, user affordability, and fiscal sustainability.<\/p>\n<p>IFC is ready to invest hundreds of mns in Egypt\u2019s healthcare sector over the next three years, and offer expertise to support early-stage projects, take forward digital transformation and telehealth to implement remote care solutions, and provide processes and tools for analyzing and improving corporate governance structures and policies.<\/p>\n<p>IFC experts are also ready to support pharma manufacturers with strategy, planning and resource efficiency advisory services, to increase the sustainability of production processes.<\/p>\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=\"561952\" 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=\"561952\">\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\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/talk-shows-on-27-april-2021-transport-minister-faces-mps\/\">\r\n                            Talk shows on 27 April 2021: Transport minister faces MPs                        <\/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\/27\/talk-shows-on-27-april-2021-transport-minister-faces-mps\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The minister has been under fire recently following several deadly train crashes, and was summoned before MPs yesterday to present his plans to fix the chronic problems with the country\u2019s rail network. El Wazir <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1915327778645578\">said<\/a> that the ministry will start work on 27 new projects in July that will cost the government some EGP 132 bn. This is part of a 10-year, EGP 225 bn plan to upgrade the country\u2019s rail network that is due to finish in 2024. He also said that half of the nation\u2019s railcars are not in working order, which he blamed on negligence and \u201cextremist elements\u201d in the Railways Authority.<\/p>\n<p><strong>His statement got mixed reviews:<\/strong> MP Atef Maghawry told El Hadidi that the minister\u2019s statement was \u201csatisfactory\u201d and agreed with El Wazir on the existence of subversive elements, describing the railway sector as the \"cemetery\" of former transport ministers (<a href=\"https:\/\/www.youtube.com\/watch?v=y5jTz_zSfd4\">watch, runtime 6:57<\/a>). But El Hadidi questioned if the ministry will be able to improve rail safety by the end of the development plan in 2024, and demanded more information on the minister\u2019s claims that crashes have been caused by extremist railway employees (<a href=\"https:\/\/www.youtube.com\/watch?v=sCw1CkCKlSY\">watch, runtime 9:19<\/a>).<\/p>\n<p><strong>Tougher penalties or stronger protections for rail workers?<\/strong> MP Amr Darwish said that tougher penalties should be imposed on railway employees linked to extremist groups or substance abuse (<a href=\"https:\/\/www.youtube.com\/watch?v=sbbEaYg8PwY\">watch, runtime 5:40<\/a>). But El Hadidi said that any change made to the Civil Service Act should be clear and objective to avoid its misuse against people having different views or opinions and thus preserve employees\u2019 rights (<a href=\"https:\/\/www.youtube.com\/watch?v=iAty-x0-RiE\">watch, runtime: 2:02<\/a>). Railway workers who are found guilty of criminal behaviour will be referred to the emergency state security courts and face tougher penalties, according to a recent decision by the prime minister (<a href=\"https:\/\/www.youtube.com\/watch?v=IwocNvAELFE\">watch, runtime 2:02<\/a>).<\/p>\n<p><strong>The Egypt-Turkey love-in got coverage:<\/strong> News of the Turkish diplomatic mission\u2019s visit to Egypt in early May was covered by El Hekaya\u2019s Amr Adib, who questioned whether the presidential summit suggested by Ankara will really happen (<a href=\"https:\/\/www.youtube.com\/watch?v=-FJoiTLDMEw\">watch, runtime: 6:22<\/a>). The upcoming meetings aren\u2019t certain to be successful but the indicators are \u201calmost good,\u201d he said. Ala Mas\u2019ouleety also had coverage (<a href=\"https:\/\/www.facebook.com\/watch\/?v=2882209122041750\">watch, runtime: 4:29<\/a>)<\/p>\n<p><strong>The daily covid-19 bulletin:<\/strong> Prime Minister Mostafa Madbouly\u2019s vaccination yesterday and the Egyptian Drug Authority\u2019s decision to grant approval to the Chinese Sinovac vaccine got play on Kelma Akhira (<a href=\"https:\/\/www.youtube.com\/watch?v=MXhfxXY9FQA\">watch, runtime: 1:44<\/a>) and El Hekaya (<a href=\"https:\/\/www.youtube.com\/watch?v=RftcNGrPyq4\">watch, runtime 5:29<\/a>). More on this in this morning\u2019s Covid Watch, above.<\/p>\n<p><strong>And finally: <\/strong>The execution of nine men over the 2013 police killings received attention by Kelma Akhira (<a href=\"https:\/\/www.youtube.com\/watch?v=ztmYNqKccYI\">watch, runtime:1:53<\/a>) and Ala Mas\u2019ouleety (<a href=\"https:\/\/www.facebook.com\/watch\/?v=190503796229977\">watch, runtime: 3:31<\/a>).<\/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\/kamel-el-wazir\/\">Kamel El Wazir<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/last-nights-talk-shows\/\">LAST NIGHT\u2019S TALK SHOWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mostafa-madbouly\/\">Mostafa Madbouly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sinovac\/\">Sinovac<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vaccines\/\">vaccines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- 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alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" 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   \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/egypt-in-the-news-on-27-april-2021\/\">\r\n                            Egypt in the News on 27 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 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class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+27+April+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F27%2Fegypt-in-the-news-on-27-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\/27\/egypt-in-the-news-on-27-april-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561954\" class=\"content-area-description single-story post-561954 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-covid-19 tag-cyprus tag-enterpriseam tag-fgm tag-travel wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Leading the conversation on Egypt in the foreign press this morning:<\/strong> Egyptian authorities yesterday executed nine people found guilty of the Kerdasa police killings in 2013, the <a href=\"https:\/\/apnews.com\/article\/africa-middle-east-egypt-religion-4bdf7f4981761b10c80e1767068cd075\">Associated Press<\/a> reports. The attack left 15 people dead, including 11 police officers. The nine men were among the <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/03\/qatar-20-death-sentences-top-coverage-of-egypt\/\">20 defendants<\/a> who were handed death sentences in 2017. <a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2021\/04\/egypt-nine-people-put-to-death-in-chilling-ramadan-executions\/\">Amnesty International<\/a> has a statement out.<\/p>\n<p><strong>Also making headlines: <\/strong><\/p>\n<ul>\n<li><strong>Doubts over new FGM penalties:<\/strong> Activists have expressed scepticism that the government will be able to enforce the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5cac08ba-035c-4107-8297-0159a16723fa\">new penalties<\/a> imposed for committing female genital mutilation. (<a href=\"https:\/\/www.reuters.com\/article\/idUSL8N2MJ2HQ\">Reuters<\/a>)<\/li>\n<li><strong>Eid in Ayia Napa:<\/strong> Vaccinated Egyptians can travel to Cyprus starting 10 May without providing a negative covid-19 test or going through a quarantine. (<a href=\"https:\/\/www.arabnews.com\/node\/1849181\/business-economy\">Arab News<\/a>)<\/li>\n<\/ul>\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\/cyprus\/\">Cyprus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fgm\/\">FGM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/travel\/\">travel<\/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=\"561955\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"561956\" 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=\"561956\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/also-on-our-radar-on-27-april-2021\/\">\r\n                            Also on our Radar on 27 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\/27\/also-on-our-radar-on-27-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\/27\/also-on-our-radar-on-27-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\/27\/also-on-our-radar-on-27-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 27 April 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/also-on-our-radar-on-27-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\/27\/also-on-our-radar-on-27-april-2021\/&title=Also on our Radar on 27 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+27+April+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F27%2Falso-on-our-radar-on-27-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\/27\/also-on-our-radar-on-27-april-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561956\" class=\"content-area-description single-story post-561956 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-banque-du-caire tag-banque-misr tag-education tag-egyptair tag-egyptian-electricity-transmission-company tag-elsewedy-electric tag-enterpriseam tag-legislation tag-new-administrative-capital tag-russia tag-tourism tag-travel wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_408146\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408144.svg\" alt=\"\" class=\"wp-image-408144\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>Elsewedy Electric subsidiary signs EGP 870 mn agreement for Delta regional <\/strong><strong>control center:<\/strong> A consortium of Elsewedy Electric\u2019s unit, Elsewedy Electric for Trading and Distribution, and Japan\u2019s Hitachi ABB has won an EGP 870 mn turnkey EPC contract to build the Delta regional control center with the Egyptian Electricity Transmission Company, according to <a href=\"https:\/\/ent.news\/2021\/4\/Elsewedy-Electric-ENG-PRL.pdf\">a press release<\/a><a href=\"https:\/\/ent.news\/2021\/4\/Elsewedy-Electric-ENG-PRL.pdf\">(pdf)<\/a>. The project will be completed over two years and covers construction works and the design, supply and installation of the SCADA system.<\/p><p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p><ul>\n<li><strong>Thirty-one Egyptian universities<\/strong> were <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/photos\/a.825570437621323\/1915387648639591\/\">named<\/a> in <strong>T<\/strong><strong>imes Higher Educatio<\/strong><strong>n\u2019s<\/strong> <strong><a href=\"https:\/\/www.timeshighereducation.com\/impactrankings#!\/page\/0\/length\/25\/locations\/EG\/sort_by\/rank\/sort_order\/asc\/cols\/undefined\">Impact Rankings<\/a><\/strong>, with <strong>Cairo University<\/strong> being ranked among the world\u2019s top 100 universities for the first time.<\/li>\n<li><strong>EgyptAir<\/strong> plans to <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=26042021&amp;id=b2759951-8033-4b52-9b26-6699413b0735\">add another flight<\/a> between <strong>Cairo and <\/strong><strong>Moscow<\/strong> to its flight schedule, taking its total <strong>weekly flights to six<\/strong>.<\/li>\n<li><strong>Al Marasem International is looking to obtain EGP 3.3 bn in <\/strong><strong>Islamic financing<\/strong> from a banking syndicate led by Banque Misr and Banque du Caire under a mudaraba contract to fund its developments in the new administrative capital\u2019s R5 district, <a href=\"https:\/\/bit.ly\/3erm5E4\">Hapi Journal<\/a> reports, citing unnamed sources. The final contract should be signed \u201cwithin days,\u201d according to the sources.<\/li>\n<li><strong>Misr Ins Group.<\/strong> plans to set up a new company specializing in medical ins, Chairman Basel El Hiny <a href=\"https:\/\/bit.ly\/32PEZPp\">said<\/a> yesterday. <\/li>\n<li>Unauthorized filming of criminal trial sessions could be criminalized under a draft bill approved by the House\u2019s Legislative Committee yesterday, <a href=\"https:\/\/bit.ly\/2R3woG3\">Youm7<\/a> reports. Those who photograph or make audio\/video recordings of the sessions without a permission would face fines ranging from EGP 100k-300k.<\/li>\n<\/ul>\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-du-caire\/\">Banque du Caire<\/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\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptair\/\">EgyptAir<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-electricity-transmission-company\/\">Egyptian Electricity Transmission Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/elsewedy-electric\/\">Elsewedy Electric<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-administrative-capital\/\">new administrative capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/travel\/\">travel<\/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=\"561957\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-96sikal sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"96sikal\"><style>.stk-96sikal {--slides-to-show:3 !important;}.stk-96sikal .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-96sikal .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF 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FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/what-the-markets-are-doing-on-27-april-2021\/\">\r\n                            What the markets are doing on 27 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\/27\/what-the-markets-are-doing-on-27-april-2021\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" 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href=\"https:\/\/api.whatsapp.com\/send?text=What+the+markets+are+doing+on+27+April+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F04%2F27%2Fwhat-the-markets-are-doing-on-27-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\/27\/what-the-markets-are-doing-on-27-april-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561958\" class=\"content-area-description single-story post-561958 post type-post status-publish format-standard hentry category-planet-finance tag-adnoc tag-emerging-markets tag-enterpriseam tag-fertiglobe tag-fertilizers tag-financial-markets tag-inflation tag-planet-finance tag-us-federal-reserve wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_408150\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408151.svg\" alt=\"\" class=\"wp-image-408151\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>The slow vaccine rollout in the developing world is holding back<\/strong> <strong>emerging-market stocks:<\/strong> The gap between developed and emerging markets is widening as the covid-19 pandemic continues to rage in the global south. As stocks in advanced economies go from strength to strength, EM equity funds had their worst week in more than three months last week, with investors pulling USD 1.3 bn on fears that vaccine shortages will hold back economic growth, according to <a href=\"https:\/\/www.bloomberg.com\/news\/features\/2021-04-24\/vaccine-shortage-holds-emerging-markets-back-from-global-rally?sref=mmeFTDW1\">Bloomberg<\/a>. Equity funds in India, which has been especially hard hit by the latest wave of the virus, witnessed their largest outflows in more than a year.<\/p><p><strong>It\u2019s not just the pandemic that\u2019s hitting investor sentiment:<\/strong> \u201cNot only do we have a much slower vaccination program across emerging markets, but worries over debt loads, external vulnerabilities, fiscal prudence, inflation and currency stability will hamper a much stronger recovery post-pandemic,\u201d said Mohammed Elmi, a portfolio manager at Federated Hermes.<\/p><p><strong>Tearing up the rulebook:<\/strong> Conventional wisdom says that emerging markets offer investors an easy path to solid returns during global expansion, but this time it is the developed economies experiencing the strongest growth. JPMorgan said last week that the US economy will outperform EM at an \u201cunprecedented\u201d rate this quarter due to the weak vaccine rollout. This disparity is being reflected in developed v emerging stocks: the MSCI emerging-market index has risen less than 5% in 2021, half that of the MSCI\u2019s gauge of developed market stocks.<\/p><div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table table-striped markets-table\">\n<tbody>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>10,526<\/p>\n<\/td>\n<td>\n<p>-0.7% (YTD: -2.95%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.63<\/p>\n<\/td>\n<td>\n<p>Sell 15.73<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.63<\/p>\n<\/td>\n<td>\n<p>Sell 15.73<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>10,231<\/p>\n<\/td>\n<td>\n<p>+0.9% (YTD: +17.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>6,146<\/p>\n<\/td>\n<td>\n<p>+0.5% (YTD: +21.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,646<\/p>\n<\/td>\n<td>\n<p>+0.7% (YTD: +6.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>4,187<\/p>\n<\/td>\n<td>\n<p>+0.2% (YTD: +11.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>6,963<\/p>\n<\/td>\n<td>\n<p>+0.4% (YTD: +7.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 65.69<\/p>\n<\/td>\n<td>\n<p>-0.6%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.79<\/p>\n<\/td>\n<td>\n<p>+2.2%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,781.40<\/p>\n<\/td>\n<td>\n<p>+0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 53,460<\/p>\n<\/td>\n<td>\n<p>+13.1% (as of midnight)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><p><strong>The EGX30 fell 0.7% yesterday<\/strong> on turnover of EGP 985 mn (23.5% below the 90-day average). Regional investors were net sellers. The index is down 3.0% YTD.<\/p><p><strong>In the green: <\/strong>Qalaa Holdings (+2.0%), Eastern Co. (+1.6%) and ElSewedy Electric (+1.1%).<\/p><p><strong>In the red: <\/strong>Oriental Weavers (-16.2%), Telecom Egypt (-6.1%) and MM Group (-3.4%).<\/p>\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\/adnoc\/\">ADNOC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fertiglobe\/\">Fertiglobe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fertilizers\/\">fertilizers<\/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\/inflation\/\">inflation<\/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\/us-federal-reserve\/\">US Federal Reserve<\/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=\"561959\" 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=\"561959\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/27\/around-the-world-on-27-april-2021\/\">\r\n                            Around the World on 27 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\/27\/around-the-world-on-27-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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Shoukry also expressed Egypt's interest in strengthening economic and trade relations ties. The meeting came less than a month since Grli\u0107-Radman <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/58a6342c-ee6c-47ec-8fe7-4ecb4f64cc04\">visited Cairo for the relaunch of the Egyptian-Croatian Business Forum.<\/a><\/p>\n<p><strong>Egypt also wants Canada on side over the GERD: <\/strong>Egypt\u2019s ambassador to Canada <a href=\"https:\/\/twitter.com\/egyptincanada\/status\/1386853315888173059?s=12\">briefed<\/a> the chair of the Canadian parliament\u2019s foreign affairs committee Sven Spengemann on the state of the play in the GERD talks.<\/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\/around-the-world\/\">Around the World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sameh-shoukry\/\">Sameh Shoukry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<div class=\"alignfull vertical-section wide-section going-green wp-block-group issue-section\" id=\"561960\">\r\n    <div class=\"issue-section__content\">\r\n        <div class=\"alignwide wp-block-columns\">\r\n            <div class=\"wp-block-column sidebar-vertical-info\" style=\"flex-basis:22.8%\">\r\n                <figure class=\"wp-block-image size-full\">\r\n                                            <img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27465.svg\" style=\"width:80%\" alt=\"\" >\r\n                                    <\/figure>\r\n                <p>\r\n                    Our weekly deep dive into the green economy and ESG issue in Egypt.                <\/p>\r\n                <figure class=\"wp-block-image size-full mt-0 mb-0 img-white-bg\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27483.png?ssl=1\" alt=\"\"><\/figure>\r\n                <p class=\"has-text-color has-link-color\">\r\n                    Published every Tuesday in EnterpriseAM.                <\/p>\r\n                <div class=\"wp-block-buttons mt-0\">\r\n                    <div class=\"wp-block-button\">\r\n                        <a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/enterpriseam.com\/egypt\/goinggreen\/\">\r\n                            Read going Green                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\r\n                    <div class=\"issue-story-header text-center\">\r\n                        <div class=\"index-number\">11<\/div>\r\n\r\n                        \r\n                        <h3 class=\"story-title\"><a href=\"https:\/\/enterpriseam.com\/egypt\/goinggreens\/how-are-we-addressing-our-air-pollution-problems\/\">\r\n                            How are we addressing our air pollution problems?<\/a>\r\n                        <\/h3>\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\/goinggreens\/how-are-we-addressing-our-air-pollution-problems\/\" 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\/goinggreens\/how-are-we-addressing-our-air-pollution-problems\/')\">\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\/goinggreens\/how-are-we-addressing-our-air-pollution-problems\/\">\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=How are we addressing our air pollution problems?&url=https:\/\/enterpriseam.com\/egypt\/goinggreens\/how-are-we-addressing-our-air-pollution-problems\/\">\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\/goinggreens\/how-are-we-addressing-our-air-pollution-problems\/&title=How are we addressing our air pollution problems?\">\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=How+are+we+addressing+our+air+pollution+problems%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2Fgoinggreens%2Fhow-are-we-addressing-our-air-pollution-problems%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>                    <\/div>\r\n\r\n                    <div class=\"story__body\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/goinggreens\/how-are-we-addressing-our-air-pollution-problems\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/286.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" sizes=\"(max-width: 34.9rem) calc(100vw - 2rem), (max-width: 53rem) calc(8 * (100vw \/ 12)), (min-width: 53rem) calc(6 * (100vw \/ 12)), 100vw\" data-attachment-id=\"561961\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/goinggreens\/how-are-we-addressing-our-air-pollution-problems\/286-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/286.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"286.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/286.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/286.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-561960\" class=\"content-area-description post-561960 goinggreen type-goinggreen status-publish has-post-thumbnail hentry tag-ali-abu-senna tag-ebrd tag-enterprise-going-green tag-enterpriseam tag-envirotaqa tag-european-investment-bank tag-mahmoud-abouelnaga tag-metwalli-elnoubi tag-natgas-transition-scheme tag-renewable-energy tag-transport tag-world-bank tag-yasmine-fouad wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>How are we addressing our air pollution problems?<\/strong> Air pollution costs Egypt an estimated EGP 47 bn a year in healthcare costs, annual labor income losses and reduced productivity from chronic illness, <a href=\"https:\/\/enterprise.press\/green-economy\/\">the World Bank estimates<\/a>. With population growth, increasing urbanization and the growth of industry, Egypt\u2019s pollution problems are on track to get worse. The economic argument for curbing air pollution is clear.<\/p>\n<p><strong>Just how bad is it?<\/strong> <a href=\"https:\/\/enterprise.press\/hardhats\/look-egypts-polluting-sectors\/\">Egypt produced<\/a> 310 mn tonnes of greenhouse gas in 2016, almost 10% of MENA\u2019s 3.3 bn tonnes. Our emissions grew 140% between 1990 and 2016 \u2015 more than three times faster than the global average. The biggest culprits? Energy (71.4% of 2016 emissions); agriculture (10.2%); manufacturing (9.7%); and waste handling and management (8.6%).<\/p>\n<p><strong>So what\u2019s being done?<\/strong> In part 2 of our series on Egypt\u2019s air pollution woes, we find that multiple government-led programs, supported by development finance institutions and the private sector, either target emissions reduction directly or as a major byproduct of other activities.<\/p>\n<p><strong>A USD 200 mn World Bank-funded program is the major emissions reduction effort:<\/strong> The recently-greenlit <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7cc2419e-b95a-4513-a27e-ed1db1ab9d0f\">USD 200 mn<\/a> World Bank<a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2020\/09\/30\/new-project-to-support-the-improvement-of-air-quality-and-the-fight-against-climate-change-in-greater-cairo\">loan<\/a> aims to modernize air quality monitoring systems, establish safe landfills in 10th of Ramadan City, safely eliminate dumps in Abu Zaabal, set up charging stations for electric vehicles, and support other green initiatives. Reducing waste burning is particularly important, adviser to the environment minister Ali Abu Senna tells Enterprise. Under the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0f2c4de3-f9d4-4312-855a-f8e0efebedc7\">new Waste Management Act<\/a>, all traditional landfills must be closed within two years, and the 10th Ramadan complex will be a much healthier alternative, Abu Senna adds.<\/p>\n<p><strong>Spot inspections of industrial facilities continued:<\/strong> In 2020, the ministry\u2019s <a href=\"http:\/\/www.eeaa.gov.eg\/en-us\/services\/inspection.aspx\">Environmental Inspection and Compliance<\/a> department carried out 4,457 inspections of industrial facilities not yet connected to the monitoring network, according to the report: 797 in Greater Cairo and 3360 in other governorates. If facilities don\u2019t adhere to environmental regulations \u2014 including self-monitoring, efforts to reduce pollution at its source, and effective waste management \u2014 they <a href=\"https:\/\/bit.ly\/3xfuwuD\">can lawfully<\/a> be closed after several warnings. Public data on how many of these inspections resulted in closures is not available.<\/p>\n<p><strong>The Environment Ministry hopes to grow its factories emissions monitoring network:<\/strong> The Environment Ministry launched the <a href=\"http:\/\/www.eeaa.gov.eg\/en-us\/topics\/air\/airquality\/monitoringindustrialemissions.aspx#:~:text=The%20national%20network%20has%20been,the%20extent%20of%20emissions%20released\">National Network for Monitoring Industrial Emissions<\/a>, which measures daily air pollution rates of factories that sign on to join it. The number of factories officially linked to the network increased to 76 facilities in 2020, with 352 monitoring points \u2014 up from 60 facilities in 2018 and 69 in 2019, an environment ministry <a href=\"https:\/\/ent.news\/2021\/4\/%D8%AA%D9%82%D8%B1%D9%8A%D8%B1-%D9%8A%D9%86%D8%A7%D9%8A%D8%B1-2021-1.pdf\">report shows (pdf)<\/a>. Continuing to expand the network of factories is a ministry priority, Abu Senna says.<\/p>\n<p><strong>New incentives to reduce plastic usage \u2014 and emissions \u2014 will be put to the cabinet in a few months: <\/strong>A joint ministerial committee is mulling incentives like fee reductions and tax exemptions to support companies making non-plastic packaging, Abu Senna says. This will make pricing more competitive, up consumer demand, and encourage the entry of more players, he believes. The raft of incentives will be ready to put to the cabinet in a few months. Additional punitive fees on plastic production are also under discussion by the finance and supply ministries, he adds. <a href=\"https:\/\/www.nature.com\/articles\/s41558-019-0459-z\">Recent research<\/a> by University of California academics calculates that across their lifecycle, <a href=\"https:\/\/theconversation.com\/plastic-warms-the-planet-twice-as-much-as-aviation-heres-how-to-make-it-climate-friendly-116376\">plastics account for<\/a> 3.8% of global greenhouse gas emissions \u2014 almost double that of the aviation sector.<\/p>\n<p><strong>Not to mention a raft of high-priority initiatives that will make our air cleaner: <\/strong>On the transportation side of things, this would include our <a href=\"https:\/\/enterprise.press\/hardhats\/feasible-plan-convert-vehicles-natgas-gasoline-national-scale\/\">multi-year plan<\/a> to convert or replace 1.8 mn cars to run on natural gas within a decade, at a <a href=\"https:\/\/enterprise.press\/#tldr-story-04\">total expected cost<\/a> of EGP 320 bn. EGP 141 bn is going into <a href=\"https:\/\/enterprise.press\/hardhats\/breakdown-egypts-plan-overhaul-ailing-railway-system\/\">revamping the railway system<\/a> by 2022. A planned <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/85114503-c556-41c5-94ec-267b9ccbe872\">90-km electric rail line<\/a> should open in October. The <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/12c82b69-0f0f-40f4-9d83-ae19bdea3ad9\">USD 4.5 bn monorail project<\/a> is underway and the EGP 32 bn Cairo Metro Line 3 <a href=\"https:\/\/enterprise.press\/hardhats\/egypt-built-first-transit-hub\/\">was inaugurated last year<\/a>. Egypt is also getting in heavy in the electric vehicle race, with El Nasr Automotive <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/210add58-217f-48d7-adf2-4a0783074302\">set to begin<\/a> EV assembly in July, aiming at 53k EVs annually at full capacity. Domestically produced electric buses <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d119afbb-b698-486e-aefe-f16825722f8c\">may arrive<\/a> before year-end. On the renewable energy front, this would include multiple wind farm construction partnerships <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bba779b5-fcf1-4c42-ab96-3c83c234d3e1\">being planned<\/a> at a cost of USD 1.5 bn.<\/p>\n<p><strong>Covid accelerated the rollout of plans, ministers says: <\/strong>\u201cWe have already started plans to reduce air pollution in Egypt. But coronavirus is giving us [a chance] to accelerate these plans, expand them and think about other solutions,\u201d Environment Minister Yasmine Fouad <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-climate-change-air-pollution-tr-idUSKBN23102H\">told Reuters<\/a> in May 2020.<\/p>\n<p><strong>One thing\u2019s clear: Winding down industry in lockdown isn\u2019t the answer. <\/strong>\u201cWe have to continue production at factories and other industrial institutions while applying high environmental standards. That is the right message we have to deliver,\u201d Fouad told the newswire.<\/p>\n<p><strong>Much is already aligned with global best practice: <\/strong>A <a href=\"https:\/\/www.ccacoalition.org\/en\/resources\/air-pollution-asia-and-pacific-science-based-solutions-summary-full-report\">2019 UN report (pdf)<\/a> recommends 25 solutions to improve air quality in Asia. Some of these recommendations \u2014 like improving public transport and waste management \u2014 are already a major part of Egypt\u2019s approach. It also recommends EV promotion.<\/p>\n<p><strong>But is there more to learn from other economies, and adapt to Egypt?<\/strong> <strong>Potentially, yes.<\/strong> MENA could learn from emerging economies that have proactively adopted clean energy technologies and enforced environmental policy reform, to decrease pollution without hindering economic growth, argues <a href=\"https:\/\/www.atlanticcouncil.org\/blogs\/menasource\/poor-air-quality-and-lost-economic-opportunities\/\">energy and environment analyst<\/a> Mahmoud Abouelnaga. We explore this in more detail next week.<\/p>\n<p><strong>Your top climate stories for the week:<\/strong><\/p>\n<ul>\n<li><strong>EBRD funding for green projects: <\/strong>The European Bank for Reconstruction and Development will <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/320d303f-9f12-4b87-b16f-4cbe5615b532\">participate in a USD 114 mn financing package<\/a> for the Kom Ombo solar plant, and signed an MoU to include 6th of October City in its EUR 2.5 bn Green Cities program.<\/li>\n<li><strong>Water treatment investments:<\/strong> The Sovereign Fund of Egypt could <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ca30703c-6da3-4725-a0f9-05593618a8ec\">offer up water treatment projects<\/a> to investors, according to Planning Minister and fund chairperson Hala El Said.<\/li>\n<li><strong>Hydroelectric assets to be transferred to a new renewable energy body: <\/strong>The Hydro Power Plant Authority is one step closer to being scrapped after the House Energy and Environment Committee <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5cac08ba-035c-4107-8297-0159a16723fa\">approved a bill<\/a> that would put a new Renewable Energy Development Agency in control of Egypt\u2019s hydroelectric assets.<\/li>\n<\/ul>\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\/ali-abu-senna\/\">Ali Abu Senna<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ebrd\/\">EBRD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/envirotaqa\/\">EnviroTaqa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/european-investment-bank\/\">European Investment Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mahmoud-abouelnaga\/\">Mahmoud Abouelnaga<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/metwalli-elnoubi\/\">Metwalli Elnoubi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/natgas-transition-scheme\/\">natgas transition scheme<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-bank\/\">World Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/yasmine-fouad\/\">Yasmine Fouad<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column\" style=\"flex-basis:19.8%\"><\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<section id=\"561962\" 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\/27\/your-essential-business-calendar-on-27-april-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-561962\" class=\"content-area-description single-story post-561962 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>26-28 April (Monday-Wednesday): Non Edadiya \/ Thanaweya Amma students sit end-of-year exams.<\/p>\n<p>27 April (Tuesday): Finance Minister Mohamed Maait will address AmCham\u2019s Pre-Annual General Meeting to discuss Egypt\u2019s economic reform beyond the pandemic.<\/p>\n<p>28 April (Wednesday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>29 April (Thursday): National holiday in observance of Sinai Liberation Day.<\/p>\n<p>29 April (Thursday): Start of school summer holiday for students not sitting Edadiya \/ Thanaweya Amma exams.<\/p>\n<p>1 May (Saturday): Labor Day (national holiday).<\/p>\n<p>2 May (Sunday): Coptic Easter Sunday (holiday for Coptic Christians, still unclear whether it will be a banking holiday).<\/p>\n<p>3 May (Monday): Sham El Nessim (date of the national holiday still TBC).<\/p>\n<p>13-15 May (Thursday-Saturday): Eid El Fitr (TBC).<\/p>\n<p>16-19 May (Sunday-Wednesday): The Arabian Travel Market (ATM) takes place in Dubai.<\/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): Egypt Petroleum Show, 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): The Big 5 Construct Egypt, 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>July + August: Thanaweya Amma exams take place.<\/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 will suffer a host of penalties, 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): Sahara Expo: 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): Egypt Projects 2021 expo, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>30 September-8 October (Thursday-Friday): The 54th session of the Cairo International Fair, Cairo International Conference Center, Cairo, Egypt.<\/p>\n<p>1 October (Friday): Expo 2020 Dubai 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) Mediterranean Offshore Conference, 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): Egypt Energy exhibition on power and renewable energy, Egypt International Exhibition Center, Cairo, Egypt<\/p>\n<p>1-12 November (Monday-Friday): 2021 United Nations Climate Change Conference (COP26), Glasgow, United Kingdom.<\/p>\n<p>29 November-2 December (Monday-Thursday): Egypt Defense Expo<\/p>\n<p>13-17 December: United Nations Convention against Corruption, 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): World University Squash Championships, New Giza.<\/p>\n<p>Note to readers: 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\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":561940,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-561939","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"e365612e-0b5d-490c-8e39-4ae5e1682f29","teaser":"","photo_url":"https:\/\/ent.news\/2021\/4\/280.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>Sinovac jab cleared for emergency use in Egypt - 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\/sinovac-jab-cleared-for-emergency-use-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sinovac jab cleared for emergency use in Egypt\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/sinovac-jab-cleared-for-emergency-use-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T03:30:51+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\/280.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\/sinovac-jab-cleared-for-emergency-use-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/sinovac-jab-cleared-for-emergency-use-in-egypt\/\",\"name\":\"Sinovac jab cleared for emergency use in Egypt - 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