{"id":562009,"date":"2021-05-04T03:36:15","date_gmt":"2021-05-04T03:36:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=562009"},"modified":"2025-12-16T03:32:43","modified_gmt":"2025-12-16T03:32:43","slug":"jj-sputnik-jabs-coming-to-egypt-as-third-wave-washes-over-the-nation","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/jj-sputnik-jabs-coming-to-egypt-as-third-wave-washes-over-the-nation\/","title":{"rendered":"J&#038;J, Sputnik jabs coming to Egypt as third wave washes over the nation"},"content":{"rendered":"<section id=\"562011\" 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=\"562011\">\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\/05\/04\/this-morning-a-top-us-official-starts-a-regional-gerd-tour-a-six-day-heat-wave-starts-its-deadline-day-for-income-and-wages-taxes\/\">\r\n                            THIS MORNING: A top US official starts a regional GERD tour, a six-day heat wave starts + it\u2019s deadline day for income and wages taxes                        <\/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 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href=\"https:\/\/api.whatsapp.com\/send?text=THIS+MORNING%3A+A+top+US+official+starts+a+regional+GERD+tour%2C+a+six-day+heat+wave+starts+%2B+it%E2%80%99s+deadline+day+for+income+and+wages+taxes+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Fthis-morning-a-top-us-official-starts-a-regional-gerd-tour-a-six-day-heat-wave-starts-its-deadline-day-for-income-and-wages-taxes%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\/05\/04\/this-morning-a-top-us-official-starts-a-regional-gerd-tour-a-six-day-heat-wave-starts-its-deadline-day-for-income-and-wages-taxes\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562011\" class=\"content-area-description single-story post-562011 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-ever-given tag-suez-canal tag-tax-authority tag-us 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, wonderful people, and welcome to a very short workweek. <\/strong>We hope you all had a relaxing long weekend with family and (socially distanced) friends.<\/p><p><strong>We\u2019re just a little over a week away from our next holiday<\/strong>, as Eid El Fitr looks likely to begin next Thursday, 13 May and end on Saturday, 15 May.<\/p><p><strong>PSA #1- We\u2019re looking at a six-day heat wave: <\/strong>The mercury is headed for 42\u00b0C today and will peak at 44\u00b0C on Sunday, according to our favourite weather app, before falling to a more seasonally appropriate 32\u00b0C on the first day of Eid El Fitr.<\/p><p><strong>PSA #2- So, when do we eat?<\/strong> We sit down for iftar at 6:34pm this evening, and will have until 3:33am to wrap up our sohour.<\/p><p><strong>THE BIG STORY here at home this morning? <\/strong>That could be the rising amplitude of the third wave now washing across the nation \u2014 and increasingly encouraging signs about future vaccine availability. We have all the details in this morning\u2019s news well, below.<\/p><p><strong>THE BIG STORY INTERNATIONALLY- <\/strong>It\u2019s a toss-up between US President Joe Biden <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2021\/05\/03\/statement-by-president-joe-biden-on-refugee-admissions\/\">announcing last night<\/a> that he would raise the cap on the US\u2019 annual admission of refugees \u2014 and Bill and Melinda Gates deciding to get a divorce (<a href=\"https:\/\/twitter.com\/BillGates\/status\/1389316412259270657\">statement on Twitter<\/a>) after nearly three decades of marriage (<a href=\"https:\/\/www.nytimes.com\/2021\/05\/03\/business\/bill-melinda-gates-divorce.html?action=click&amp;module=Top%20Stories&amp;pgtype=Homepage\">the NYT has more<\/a>).<\/p><p><strong>WHAT\u2019S HAPPENING TODAY-<\/strong><\/p><p><strong>Businesses have until today to file their wage tax returns<\/strong>, the Tax Authority said in a <a href=\"https:\/\/www.facebook.com\/incometax.gov.eg\/photos\/a.273119533370558\/761432287872611\/\">statement<\/a> on Friday. The due date for submitting returns was originally 30 April but the Tax Authority extended the deadline due to the national holidays. <strong>You also have until today to file your corporate tax return<\/strong>, which was also due on 30 April.<\/p><p><strong>US Special Envoy for the Horn of Africa Jeffrey Feltman begins today a 10-day trip<\/strong><strong> that will take him to Egypt, Eritrea, Ethiopia, and Sudan<\/strong> \u201cto address the interlinked political, security, and humanitarian crises\u201d in the area, according to a <a href=\"https:\/\/www.state.gov\/travel-of-special-envoy-for-the-horn-of-africa-to-egypt-eritrea-ethiopia-and-sudan\/\">State Department statement<\/a>. Feltman \u2014 who was appointed <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2ce14efa-406c-4063-8633-814db812ac56\">last month<\/a> \u2014 will meet with officials from the four countries, as well as from the UN and African Union. His trip comes as Egypt continues to lobby for US involvement in the Grand Ethiopian Renaissance Dam impasse. We have more in this morning\u2019s news well.<\/p><p><strong>A separate team of senior US officials could be making a stop in Egypt this week<\/strong> as part of a region-wide tour to assuage concerns about the Biden administration\u2019s bid to revive the nuclear agreement with Iran, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-04-28\/top-biden-officials-plan-mideast-trip-over-iran-f-35-concerns?sref=mmeFTDW1\">Bloomberg<\/a> reported on Friday. The team of National Security Council and State Department officials will reportedly also make stops in Saudi Arabia, the UAE, and Jordan.<\/p><p><strong>A court decision <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/229d76a0-686c-4bd0-866f-feae30560dec\">could be handed down today<\/a><\/strong><strong> on Shoei Kisen\u2019s appeal against the <\/strong><strong>seizure of the<\/strong><strong> Ever Given.<\/strong> The Japanese company appealed the decision of an Ismailia court that last month allowed the Suez Canal Authority to seize the ship while it seeks more than USD 900 mn in compensation for the incident. Shoei Kisen also wants the owners of the 18k containers on board to help pay the damages, the <a href=\"https:\/\/apnews.com\/article\/europe-africa-middle-east-japan-health-477d57a8e1e17ef755ffed8fbff63b33\">Associated Press<\/a> reported Friday. Meanwhile, <strong>three of the 25 crew members still aboard the Ever Given will be allowed to return home<\/strong> to India after their contracts expired, the ship\u2019s German manager Bernhard Schulte Shipmanagement said in a <a href=\"https:\/\/www.bs-shipmanagement.com\/en\/media\/1-media-statement\">statement<\/a>.<\/p><p><strong>** CATCH UP QUICK<\/strong> with the top stories from last Wednesday\u2019s edition of EnterprisePM:<\/p><ul>\n<li><strong>Healthcare investment:<\/strong> Misr Capital and Elevate Private Equity announced a new <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7b1c81d3-71f3-42bf-8041-8c22579af22b\">USD 380 mn health investment fund<\/a>.<\/li>\n<li><strong>Orascom exit:<\/strong> Orascom Investment Holding has taken the first step to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f15cfbf3-d11f-48d7-aa82-0ad156772e57\">exiting its stake in Pakistani internet provider Transworld Associates<\/a>.<\/li>\n<li><strong>Dana Gas faces arbitration:<\/strong> IPR Wastani Petroleum has <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5729b381-540e-4607-8348-1aa9f7c4fe13\">launched arbitration proceedings against Dana Gas<\/a> after the Emirati company backed out of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/859d2559-b557-4cac-a521-d49b5b38a703\">selling its Egypt oil and gas portfolio<\/a>. <\/li>\n<\/ul><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 green economy vertical focuses each Tuesday on the business of renewable energy and sustainable practices in Egypt, everything from solar and wind energy through to water, waste management, sustainable building practices and how you can make your business greener, whatever the sector.<\/p><p><strong>In today\u2019s issue:<\/strong> We look at what analysts and business owners think Egypt could do to better tackle its air pollution woes \u2014 which the World Bank estimates is costing usd EGP 47 bn per year \u2014 including financial incentives to boost renewable energy, capping emissions from the most polluting industries, and using cleaner carbon capture technology.<\/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\/ever-given\/\">Ever Given<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/suez-canal\/\">Suez Canal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax-authority\/\">Tax Authority<\/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\/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=\"562012\" 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=\"562012\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/562012\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562012\" class=\"content-area-description single-story post-562012 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class='web-image'><a href='https:\/\/somabay.com\/'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/SOMA-ENTERPRISE-BLANCA7-1600px.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n<p>Blanca beach welcomes an ideal mix of uninterrupted relaxation and lively happenings, inviting in nature and heavenly views in every direction. Embraced by a picturesque bay, it\u2019s easy to see why Blanca is the enchanting heart of Somabay.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562013\" 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=\"562013\">\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\/05\/04\/sputnik-and-jj-coming-to-egypt-as-third-wave-washes-over-the-nation\/\">\r\n                            Sputnik and J&#038;J coming to Egypt as third wave washes over the nation                        <\/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\/05\/04\/sputnik-and-jj-coming-to-egypt-as-third-wave-washes-over-the-nation\/\" 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\/05\/04\/sputnik-and-jj-coming-to-egypt-as-third-wave-washes-over-the-nation\/')\">\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\/05\/04\/sputnik-and-jj-coming-to-egypt-as-third-wave-washes-over-the-nation\/\">\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=Sputnik and J&#038;J coming to Egypt as third wave washes over the nation&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/sputnik-and-jj-coming-to-egypt-as-third-wave-washes-over-the-nation\/\">\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\/05\/04\/sputnik-and-jj-coming-to-egypt-as-third-wave-washes-over-the-nation\/&title=Sputnik and J&#038;J coming to Egypt as third wave washes over the nation\">\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=Sputnik+and+J%26%23038%3BJ+coming+to+Egypt+as+third+wave+washes+over+the+nation+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Fsputnik-and-jj-coming-to-egypt-as-third-wave-washes-over-the-nation%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\/05\/04\/sputnik-and-jj-coming-to-egypt-as-third-wave-washes-over-the-nation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562013\" class=\"content-area-description single-story post-562013 post type-post status-publish format-standard hentry category-covid-watch tag-africa tag-covid-19 tag-enterpriseam tag-health-ministry tag-india tag-johnson-johnson tag-pfizer tag-russia tag-saudi-arabia tag-senegal tag-sputnik-v 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>The Health Ministry <\/strong><strong><a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/372876167596335?__cft__[0]=AZWbu4RgqaY-soOLjumV22ZojwFZBvg4eQeA_T1in45WHoukGHaSiaERo78dnQ_Xut5GctLYqpJAiuVZ5YY-5c2RsvzguxfmDat_tkdA7UnuirGRS_gTqD4HjPI_X6TL2pw9_5c3sKak1hmXqPtTzBWD&__tn__=%2CO%2CP-R\">reported<\/a><\/strong><strong> 1,078 new covid-19 infections yesterday<\/strong>, up from 1,051 the day before. Yesterday\u2019s daily case count is the highest since 7 January, when the ministry reported 1,219 new cases. Egypt has now disclosed a total of 230,713 confirmed cases of covid-19. The ministry also reported 62 new deaths, bringing the country\u2019s total death toll to 13,531.<\/p>\n<p><strong>Third wave going strong:<\/strong> Egypt\u2019s covid-19 case tally from last week is five times the number of cases recorded during the same week last year at the peak of the first wave, Health Minister Hala Zayed said in <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1917146505130372\">a statement<\/a>. The five governorates with the highest infection rates are Cairo, Giza, Minya, Fayoum, and Sohag, according to Zayed. Daily covid cases <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1a6d002d-541a-4e41-a268-0ae1c275a482\">topped 1k last week<\/a> for the first time since mid-January.<\/p>\n<p><strong>A total of 501 doctors have now died nationwide of complications from covid-19<\/strong>, the Egyptian Medical Syndicate <a href=\"https:\/\/www.facebook.com\/Egyptian.Medical.Syndicate\/posts\/4077858382235539?__cft__[0]=AZU76SNAaFFnxyQQSREXuSkxKhHYkdopgprEXQ1vtkmvo-EtOTCRZ7b4q3aHBVzyW3q6Ae53FXRU6nspa3fuGJ1Sihq9vCh4a2KxvFAq9Rz7Ohr_cFADE9OAYD2IgaLUe-41y8rpnJXF8LOOsn1dEtcA&__tn__=%2CO%2CP-R\">said<\/a> yesterday. The count stood at 467 doctors <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/553845ae-9de8-44b3-b105-752a686ef6d9\">as of two weeks ago<\/a>.<\/p>\n<p><strong>All-night Tahajjud prayers are banned across the country<\/strong>, while evening Taraweeh prayers will continue to be allowed, the Endowments Ministry said, according to <a href=\"https:\/\/www.youm7.com\/story\/2021\/5\/3\/%D8%A7%D9%84%D8%A3%D9%88%D9%82%D8%A7%D9%81-%D8%AA%D8%AD%D8%B0%D8%B1-%D8%A7%D9%84%D8%A3%D8%A6%D9%85%D8%A9-%D8%A5%D9%86%D9%87%D8%A7%D8%A1-%D8%AE%D8%AF%D9%85%D8%A9-%D9%85%D9%86-%D9%8A%D8%B3%D9%85%D8%AD-%D8%A8%D8%A5%D9%82%D8%A7%D9%85%D8%A9-%D8%B5%D9%84%D8%A7%D8%A9-%D8%A7%D9%84%D8%AA%D9%87%D8%AC%D8%AF\/5303006\">Youm7<\/a>. Imams who allow Tahajjud prayers risk dismissal, the ministry said.<\/p>\n<p><strong>Egypt has sufficient supplies of oxygen and medical equipment to treat the rising <\/strong><strong>number of infections<\/strong>, said head of the Federation of Egyptian Industries\u2019 pharma division head Ahmed El Ezaby, according to the <a href=\"https:\/\/alborsaanews.com\/2021\/05\/03\/1439025\">local press<\/a>.<\/p>\n<p><strong>VACCINE UPDATE- Sputnik incoming:<\/strong> Russia will send 10 mn doses of its Sputnik V jab to Egypt after signing a contract recently with the Health Ministry, spokesperson Khaled Megahed told <a href=\"https:\/\/bit.ly\/3bf5naf\">Youm7<\/a>. Costs for importing the Russian vaccine have been paid up in full, Megahed said, without disclosing a specific timeline to when the vaccines will land in Egypt or over how many shipments. Egyptian regulators earlier this year authorized the use of the Russian vaccine, which has reported a <a href=\"https:\/\/www.bbc.com\/news\/health-55900622\">92% efficacy rate<\/a>. This is in addition to the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f26e1432-d88a-4d80-a628-e03687889ed5\">40 mn doses per year<\/a> that local manufacturer Minapharm has agreed to produce starting later this year.<\/p>\n<p><strong>We should also be getting our hands on 4 mn doses of the Johnson & Johnson vaccine in 4Q2021<\/strong>, according to Megahed. Presidential health advisor Mohamed Awad Tag Eldin <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1a6d002d-541a-4e41-a268-0ae1c275a482\">said last week<\/a> that a shipment of the single-dose jab will be received through the African Union, but didn\u2019t mention through which mechanism they would be delivered.<\/p>\n<p><strong>Egypt will begin manufacturing China\u2019s <\/strong><strong>Sino<\/strong><strong>vac jab next month<\/strong>, the Health Ministry\u2019s Mohamed Abdel Fattah told Extra News (<a href=\"https:\/\/www.youtube.com\/watch?v=EmWrH5fJCPU\">watch, runtime 3:24<\/a>).<\/p>\n<p><strong>A total of 2.2 mn people have now registered to receive a covid-19 vaccine in Egypt<\/strong>, Megahed told Ala Mas\u2019ouleety\u2019s Ahmed Moussa yesterday, with some 80k individuals registering each day. The ministry has contacted around 1.5 mn of those who registered to receive their jabs, and some 900k individuals have been inoculated (<a href=\"https:\/\/www.facebook.com\/watch\/?v=1082856538878765\">watch, runtime: 3:50<\/a>).<\/p>\n<p><strong>Did you miss your appointment?<\/strong> The ministry already allows you a three-day grace period to show up, but if you missed that window, you can reschedule your jab through the vaccination <a href=\"https:\/\/bit.ly\/2RmYw7k\">website<\/a> or through the ministry\u2019s hotline (15335), Assistant Health Minister Aysam Salah told El Hekaya\u2019s Amr Adib (<a href=\"https:\/\/www.youtube.com\/watch?v=KOAoDQCOnvI\">watch, runtime: 18:41<\/a>).<\/p>\n<p><strong>Could Egypt eventually be tapped to produce BioNTech jabs for Africa?<\/strong> BioNTech \u2014 the company behind the mRNA technology powering the Pfizer vaccine \u2014 is in talks to set up plants in Africa in a bid to boost supply to the continent, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-04-28\/biontech-weighs-making-covid-shots-in-africa-to-expand-reach?sref=mmeFTDW1\">Bloomberg<\/a> reports, quoting CEO Ugur Sahin. Most of the 2.5 bn doses pledged by BioNTech and Pfizer this year are going toward wealthy countries, while Africa lags behind.<\/p>\n<p><strong>Egypt, Senegal and South Africa are the only African countries with the capacities to produce vaccines<\/strong>, and most organizations in these countries can only package them rather than produce them from scratch.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-ministry\/\">Health Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/india\/\">India<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/johnson-johnson\/\">Johnson &amp; Johnson<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pfizer\/\">Pfizer<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/senegal\/\">Senegal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sputnik-v\/\">Sputnik V<\/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=\"562014\" 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=\"562014\">\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\/05\/04\/egypt-remains-top-carry-trade-as-cbe-leaves-rates-on-hold\/\">\r\n                            Egypt remains top carry trade as CBE leaves rates on hold                        <\/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\/05\/04\/egypt-remains-top-carry-trade-as-cbe-leaves-rates-on-hold\/\" 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 Monetary Policy Committee (MPC) said in <a href=\"https:\/\/ent.news\/2021\/5\/MPC-Press-Release-April-28th-2021.pdf\">a statement (pdf)<\/a> following the meeting that indicators suggest the economy is recovering to pre-pandemic levels and that inflation has stabilized, though cautioned that international commodity and food prices are continuing to rise.<\/p>\n<p><strong>Where do rates stand now?<\/strong> Overnight deposit and lending rates are unchanged at 8.25% and 9.25% respectively, while main operation and discount rates remain at 8.75%.<\/p>\n<p><strong>The hold was expected by all 14 analysts and economists <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8910da7e-ed9e-445f-b3f5-83332b197e55\">we surveyed<\/a><\/strong> ahead of the meeting. The pool was in agreement that <strong>rising commodity prices<\/strong> and <strong>heightened US interest rates<\/strong> would prompt the central bank to maintain rates at current levels to maintain portfolio flows and avoid stoking a pick up in inflation.<\/p>\n<p><strong>The decision means <\/strong><strong>Egypt\u2019s real rates continue to be the highest in the world<\/strong>, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-04-28\/egypt-keeps-the-world-s-highest-real-interest-rate?sref=mmeFTDW1\">Bloomberg<\/a>, which tracks rates offered by 50 countries around the world. Egypt\u2019s real rate tops the list at 3.8%, with both Vietnam and Turkey coming in second at 2.8%.<\/p>\n<p><strong>\u201cMonetar<\/strong><strong>y policy has been driven by the need for inflows,\u201d <\/strong>Jefferies International MENA Analyst Alia Moubayed told Bloomberg TV (<a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2021-04-29\/-bloomberg-daybreak-middle-east-full-show-04-29-21-video?sref=mmeFTDW1\">watch, runtime: 50:21<\/a>). \u201cIn the absence of a fast recovery, in tourism on the one hand but also FDI and a strong export boost, the central bank is using interest rate policy as a channel for further flows into the Egyptian economy and helping it to meet its large external financing needs for this year,\u201d she said. Foreign investment in EGP bonds eclipsed their pre-covid peak earlier this year, rising to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/61ffddfa-ebf5-4743-bbc5-f65c507cc962\">USD 29 bn<\/a> in February. Egyptian debt saw some USD 18 bn in outflows between March and May last year as foreign investors fled to safe haven assets in response to the covid pandemic.<\/p>\n<p><strong>The need <\/strong><strong>for portfolio inflows will remain until tourism revenues begin to pick up and FDI increases<\/strong>, Bloomberg reported HSBC economist Simon Williams as saying before the meeting. Tourism revenues fell to just USD 1.78 bn between July and December, down from USD 7.25 bn during the same period in 2019, according to central bank figures.<\/p>\n<p><strong>Keeping rates high is all the more important in the face of rising yields in the US: <\/strong>Egypt remains vulnerable to rising US yields which threaten to tempt foreign investors away from emerging markets, Pharos\u2019 head of research Radwa El Swaify told us. A rapid recovery in the US, combined with the bumper Biden stimulus package, has expectations high for a pick up in inflation, which has pushed up yields on US bonds in recent weeks. This caused emerging market bond funds to suffer <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-18\/egypt-sticks-with-world-s-highest-real-interest-rate?sref=mmeFTDW1\">their biggest outflows in almost a year<\/a> in March as investors were drawn back to US debt.<\/p>\n<p><strong>Inflation has been muted this year despite rising global commodity prices: <\/strong>Annual urban inflation increased only slightly during the first quarter of the year, rising from <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d2132ef4-bbe3-4fbf-adbe-0033fb050730\">4.3%<\/a> in January to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/91d91bf8-2519-46d6-a33e-b0495cc892c0\">4.5% in March<\/a>, despite a global backdrop of rising food and commodity prices. Food prices are now at highs <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e357a1bc-003c-4bca-812c-03afa7c0eb48\">not seen since 2013<\/a> while oil prices have recovered to pre-pandemic highs and metals are surging.<\/p>\n<p><strong>But inflationary risks will likely remain limited: <\/strong>The base effect and global commodity and raw material prices are likely to push inflation up in the medium term, but prices will likely remain within the central bank\u2019s target range, El Swaify said. \u201cWe see inflation fluctuating just below 4% in 2Q2021 before rising to 5-6% y-o-y during the second half of the year, ending FY2020-2021 at an average of 4.5%,\u201d El Swaify said. This is still short of the central bank\u2019s 7% (\u00b1 2%) target range.<\/p>\n<p><strong>SPEAKING OF FX- Egypt\u2019s foreign currency reserves can now cover over seven months <\/strong><strong>of imports<\/strong>, Finance Minister Mohamed Maait said in a <a href=\"https:\/\/bit.ly\/3gUExaL\">statement<\/a> Wednesday. Egypt added another <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d7eb014a-7dba-4039-a668-758f35c23c21\">USD 140 mn<\/a> to its reserves in March to end the month at USD 40.34 bn.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/carry-trade\/\">carry trade<\/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\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fiscal-policy\/\">fiscal policy<\/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\/treasuries\/\">treasuries<\/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=\"562016\" 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=\"562016\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/more-good-fx-news-the-russians-will-be-back-in-june\/\">\r\n                            More good FX news: The Russians will be back in June                        <\/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\/05\/04\/more-good-fx-news-the-russians-will-be-back-in-june\/\" 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\/05\/04\/more-good-fx-news-the-russians-will-be-back-in-june\/')\">\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\/05\/04\/more-good-fx-news-the-russians-will-be-back-in-june\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=More good FX news: The Russians will be back in June&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/more-good-fx-news-the-russians-will-be-back-in-june\/\">\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\/05\/04\/more-good-fx-news-the-russians-will-be-back-in-june\/&title=More good FX news: The Russians will be back in June\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=More+good+FX+news%3A+The+Russians+will+be+back+in+June+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Fmore-good-fx-news-the-russians-will-be-back-in-june%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\/05\/04\/more-good-fx-news-the-russians-will-be-back-in-june\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562016\" class=\"content-area-description single-story post-562016 post type-post status-publish format-standard hentry category-tourism tag-covid-19 tag-enterpriseam tag-russia tag-tourism 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>Direct flights between Russia and Egypt are set to resume in June<\/strong>, Russian ambassador to Egypt Georgiy Borisenko told Red Sea Governor Amr Hanafi yesterday. Russian tour operators have begun visiting the governorate to coordinate group trips for tourists, Hanafi told Kelma Akhira\u2019s Lamees El Hadidi. There will also be twice-weekly flights between Hurghada and Moscow in addition to the resumption of charter flights to Egypt\u2019s tourist resorts, according to the governor (<a href=\"https:\/\/www.youtube.com\/watch?v=r2wmoUc7JLA\">watch, runtime: 6:25<\/a>). Civil Aviation Minister Mohamed Manar Anba had <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/38a0aa7e-6bfb-4d8a-b4a6-fa2b37a2301b\">initially suggested<\/a> that flights could resume during the first week of May, while Russia\u2019s Interfax agency said charter flights could return by 10 May.<\/p>\n<p><strong>This timeline could shift if the covid-19 situation takes a turn for the worse in Egypt or Russia<\/strong>, Borisenko said, noting that Russia is also looking at the pandemic alongside \u201csecurity-related issues\u201d at Egypt\u2019s airports, according to Russian news agency <a href=\"https:\/\/tass.com\/economy\/1286099\">Tass<\/a>. Russia has made the resumption of flights to Egypt contingent on all tourism workers being vaccinated, Egyptian Hotels Association member Ramy Fayez said, according to <a href=\"https:\/\/bit.ly\/3tfI1aC\">Masrawy<\/a>. The Health Ministry began inoculating tourism workers last month, with Minister <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/883ea982-142e-4554-baff-8d904470d521\">Hala Zayed saying<\/a> that tourism workers in Sharm El Sheikh and South Sinai are set to be fully vaccinated by the end of May.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562017\" 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=\"562017\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/hassan-allam-inks-gem-management-contract\/\">\r\n                            Hassan Allam inks GEM management contract                        <\/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\/05\/04\/hassan-allam-inks-gem-management-contract\/\" 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\/05\/04\/hassan-allam-inks-gem-management-contract\/')\">\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\/05\/04\/hassan-allam-inks-gem-management-contract\/\">\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=Hassan Allam inks GEM management contract&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/hassan-allam-inks-gem-management-contract\/\">\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\/05\/04\/hassan-allam-inks-gem-management-contract\/&title=Hassan Allam inks GEM management contract\">\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=Hassan+Allam+inks+GEM+management+contract+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Fhassan-allam-inks-gem-management-contract%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\/05\/04\/hassan-allam-inks-gem-management-contract\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/20.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"562018\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/hassan-allam-inks-gem-management-contract\/20-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/20.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"20.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/20.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/20.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562017\" class=\"content-area-description single-story post-562017 post type-post status-publish format-standard has-post-thumbnail hentry category-tourism tag-enterpriseam tag-grand-egyptian-museum tag-hassan-allam-holding tag-khaled-el-anany tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>It\u2019s official: A consortium of companies led by Hassan Allam Holding (HAH) will provide <\/strong><strong>and run services at the Grand Egyptian Museum<\/strong> (GEM) under an agreement signed with the Tourism Ministry last week, according to <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1917065698471786\">a cabinet statement<\/a> on Wednesday. The contract was awarded through a tender that saw <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/25\/five-foreign-consortiums-considered-for-gem-management-tender\/\">five consortiums<\/a> compete for GEM\u2019s management rights that finally <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a2552688-9690-4fcf-a162-d1d705b5c864\">wrapped up in March<\/a> following over two years of negotiations. The bidding war was narrowed down to consortiums led by Hassan Allam and Kuwait\u2019s Al Kharafi.<\/p>\n<p><strong>Who\u2019s on board?<\/strong> The statement says UAE-based <a href=\"https:\/\/www.mabgroup.com\/\">MAB Group<\/a>, <a href=\"https:\/\/kcalondon.com\/\">KCA London<\/a> and Europe\u2019s <a href=\"https:\/\/www.avestagroup.eu\/en\/\">Avesta Group<\/a> were among the international operators that would be working alongside Hassan Allam Holding. In addition to managing the complex, HAH will take over the finishing and other final touches for the museum\u2019s service and commercial facilities, the statement said. An earlier statement said that the group is made up of several Egyptian, British, French, and Emirati firms who will be responsible for managing the site, operating the booking platform and the tours, and developing a promotion strategy.<\/p>\n<p><strong>When will GEM open its doors?<\/strong> The museum should be open to the public during the second half of 2021, provided covid is brought under control and vaccination programs run successfully, Tourism Minister Khaled El Anany <a href=\"https:\/\/bit.ly\/3l243Lz\">said recently<\/a>. Construction is already <a href=\"https:\/\/bit.ly\/3rollVs\">at least 98% complete<\/a>, but an official opening will still need to wait due to the pandemic.<\/p>\n<p><strong>DIVE DEEPER:<\/strong> Check out our two-part Hardhat series on the Giza Pyramids development project: <a href=\"https:\/\/enterprise.press\/hardhats\/giza-pyramids-area-getting-major-makeover-heres\/\">Part I<\/a> | <a href=\"https:\/\/enterprise.press\/hardhats\/giza-pyramids-area-getting-makeover-heres-part-2\/\">Part II<\/a>.<\/p>\n<p><strong>ALSO FROM HASSAN ALLAM- Hassan Allam Utilities is developing 5 MW solar power<\/strong><strong> plants to power a handful of Ridgewood Egypt\u2019s desalination plants<\/strong>, after the two companies signed an agreement last week, according to <a href=\"https:\/\/ent.news\/2021\/5\/Hassan-Allam-Utilities-signs-5-MW-agreement-with-Ridgewood-for-Water-Desalination.pdf\">a statement (pdf)<\/a>. The use of solar energy to power the desalination plants will make their operation more cost-efficient and sustainable, the statement notes, saying it is \u201cone of the first projects of its type in Egypt\u201d to source sustainable energy for desalination plants.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/grand-egyptian-museum\/\">Grand Egyptian Museum<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hassan-allam-holding\/\">Hassan Allam Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/khaled-el-anany\/\">Khaled El Anany<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562019\" 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=\"562019\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/nile-misr-healthcare-eyes-six-potential-acquisitions\/\">\r\n                            Nile Misr Healthcare eyes six potential acquisitions                        <\/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\/05\/04\/nile-misr-healthcare-eyes-six-potential-acquisitions\/\" 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\/05\/04\/nile-misr-healthcare-eyes-six-potential-acquisitions\/')\">\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\/05\/04\/nile-misr-healthcare-eyes-six-potential-acquisitions\/\">\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=Nile Misr Healthcare eyes six potential acquisitions&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/nile-misr-healthcare-eyes-six-potential-acquisitions\/\">\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\/05\/04\/nile-misr-healthcare-eyes-six-potential-acquisitions\/&title=Nile Misr Healthcare eyes six potential acquisitions\">\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=Nile+Misr+Healthcare+eyes+six+potential+acquisitions+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Fnile-misr-healthcare-eyes-six-potential-acquisitions%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\/05\/04\/nile-misr-healthcare-eyes-six-potential-acquisitions\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562019\" class=\"content-area-description single-story post-562019 post type-post status-publish format-standard hentry category-ma-watch tag-elevate-private-equity tag-enterpriseam tag-healthcare tag-ma-watch tag-misr-capital tag-nile-misr-medical-holding 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>Nile Misr Healthcare is currently doing due diligence <\/strong><strong>on six potential investment targets<\/strong>, CEO Tarek Moharram told the <a href=\"https:\/\/bit.ly\/3f3VOMr\">local press<\/a>. The USD 380 mn fund, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7b1c81d3-71f3-42bf-8041-8c22579af22b\">launched last week<\/a> by Misr Capital and Elevate Private Equity, is looking at companies in the fields of hospitals, labs, radiology centers and private medical ins., he said, adding that it will soon acquire one of \u201cthe most important\u201d diagnostic companies in Egypt. The companies are targeting a USD 150 mn first close for the fund during 1Q2022 and are looking to invest in Egypt, Ghana, Nigeria, Kenya and Cote d\u2019Ivoire, they said last week.<\/p>\n<p><strong>IPO on the horizon:<\/strong> Nile Misr Healthcare\u2019s long-term ambition is to bring a number of its portfolio companies under the umbrella of a holding company, which would then be floated on the EGX, Moharram said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/elevate-private-equity\/\">Elevate Private Equity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/healthcare\/\">healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/misr-capital\/\">Misr Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nile-misr-medical-holding\/\">Nile Misr Medical Holding<\/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=\"562020\" 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=\"562020\">\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\">Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/underage-marriage-no-welfare-benefits\/\">\r\n                            Underage marriage = no welfare benefits                        <\/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\/05\/04\/underage-marriage-no-welfare-benefits\/\" 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\/05\/04\/underage-marriage-no-welfare-benefits\/')\">\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\/05\/04\/underage-marriage-no-welfare-benefits\/\">\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=Underage marriage = no welfare benefits&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/underage-marriage-no-welfare-benefits\/\">\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\/05\/04\/underage-marriage-no-welfare-benefits\/&title=Underage marriage = no welfare benefits\">\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=Underage+marriage+%3D+no+welfare+benefits+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Funderage-marriage-no-welfare-benefits%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\/05\/04\/underage-marriage-no-welfare-benefits\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562020\" class=\"content-area-description single-story post-562020 post type-post status-publish format-standard hentry category-policy tag-enterpriseam tag-nevine-al-kabbaj tag-policy tag-social-solidarity-ministry tag-takaful-and-karama wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>SMART POLICY- Financial support from the Takaful and Karama program could <\/strong><strong>become contingent on families refraining from marrying off underage daughters<\/strong> under a new proposal by the Social Solidarity Ministry, Minister Nevine El Kabbaj said, according to <a href=\"https:\/\/bit.ly\/3vzfCgY\">Al Mal<\/a>. The proposed amendments to the conditions of the programs would bar families who wed their daughters before the age of 18 from receiving state support, the minister said. El Kabbaj did not provide further details on the proposal or when it could come into effect. Takaful and Karama are one of Egypt\u2019s most successful welfare programs, providing cash-based subsidies to eligible beneficiaries.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nevine-al-kabbaj\/\">Nevine Al Kabbaj<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/policy\/\">policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-solidarity-ministry\/\">Social Solidarity Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/takaful-and-karama\/\">Takaful and Karama<\/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=\"562021\" 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=\"562021\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">LEGISLATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/another-purge-of-ikhwanis\/\">\r\n                            Another purge of Ikhwanis?                        <\/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\/05\/04\/another-purge-of-ikhwanis\/\" 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\/05\/04\/another-purge-of-ikhwanis\/')\">\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\/05\/04\/another-purge-of-ikhwanis\/\">\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=Another purge of Ikhwanis?&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/another-purge-of-ikhwanis\/\">\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\/05\/04\/another-purge-of-ikhwanis\/&title=Another purge of Ikhwanis?\">\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=Another+purge+of+Ikhwanis%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Fanother-purge-of-ikhwanis%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\/05\/04\/another-purge-of-ikhwanis\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562021\" class=\"content-area-description single-story post-562021 post type-post status-publish format-standard hentry category-legislation-watch tag-civil-service-act tag-enterpriseam tag-law tag-legislation tag-legislation-watch tag-muslim-brotherhood wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Civil servants with proven ties to the Ikhwan could face automatic dismissal under<\/strong><strong> a proposed bill <\/strong>to be put to the House of Representatives as early as this month, Rep. Abdel Fattah Mohamed told <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=03052021&id=76cf54d0-3cc8-4fdc-9a15-cb7596a0d55c\">Al Shorouk<\/a>. Under the amendments to the Civil Service Act, those with suspected Ikhwan ties would be temporarily suspended from their positions while an investigation is conducted and would be permanently dismissed if these links are proven, Amin said. The law could be constitutional, he added, since the Ikhwan is designated as a terrorist group. The proposed amendments come after Transport Minister Kamel El Wazir <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f5cda618-0192-47fe-8fdf-c7f1f7afc072\">claimed last week<\/a> that \u201cextremist elements\u201d in the Railways Authority were responsible for the deterioration of the country\u2019s rail network, said Rep. Amin Massoud.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/civil-service-act\/\">Civil Service Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/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\/legislation-watch\/\">Legislation Watch<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562022\" 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=\"562022\">\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\">FOREIGN AFFAIRS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/tough-talk-on-gerd\/\">\r\n                            Tough talk on GERD                        <\/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\/05\/04\/tough-talk-on-gerd\/\" 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\/05\/04\/tough-talk-on-gerd\/')\">\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\/05\/04\/tough-talk-on-gerd\/\">\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=Tough talk on GERD&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/tough-talk-on-gerd\/\">\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\/05\/04\/tough-talk-on-gerd\/&title=Tough talk on GERD\">\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=Tough+talk+on+GERD+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Ftough-talk-on-gerd%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\/05\/04\/tough-talk-on-gerd\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/21.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"562023\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/tough-talk-on-gerd\/21-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/21.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"21.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/21.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/21.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562022\" class=\"content-area-description single-story post-562022 post type-post status-publish format-standard has-post-thumbnail hentry category-foreign-affairs tag-african-union tag-biden-administration tag-enterpriseam tag-ethiopia tag-foreign-affairs tag-sudan tag-water wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Sudan is talking tough with Ethiopia, signaling it could seize control over the<\/strong> <strong>Grand Ethiopian Renaissance Dam<\/strong> if Addis Ababa does not commit to the Nile water-sharing pact it signed as \u201can independent state.\u201d In a strongly-worded <a href=\"https:\/\/www.facebook.com\/110578671084592\/photos\/a.127758922699900\/134184715390654\/\">statement last week<\/a>, Sudan said that disavowing the agreements by persevering with the second phase of the reservoir\u2019s filling translates into \u201ccompromising sovereignty\u201d over the Benishangul region, where the dam is being constructed. Benishangul was formerly a Sudanese province which Khartoum was forced to give up to Addis Ababa in a colonial agreement between Britain and Ethiopia at the turn of the 20th century. The pressure comes in response to a statement by <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/69690559-5c8e-4cd8-8eff-34d04c77fc5b\">Ethiopia\u2019s Foreign Ministry last week<\/a> accusing Egypt and Sudan of prolonging negotiations and calling current water-sharing agreements \u201cunacceptable.\u201d<\/p>\n<p><strong>Only a couple of days prior, Sudan seemed to be softening on mediation:<\/strong> The country\u2019s foreign ministry <a href=\"https:\/\/www.facebook.com\/110578671084592\/photos\/a.127758922699900\/131512828991176\/\">spoke positively<\/a> on the African Union\u2019s current position as sole mediator between the three countries and said it would support its efforts to find an agreement. Mediation has been the key sticking point preventing talks from progressing, with Sudan and Egypt both calling for the US, EU and UN to join negotiations and Ethiopia demanding the AU continue as the sole middleman. Ethiopia\u2019s ambassador to Sudan <a href=\"https:\/\/www.facebook.com\/MFAEthiopia\/photos\/a.961492963877947\/4663335777026962\/\">described<\/a> Sudan\u2019s statement as \u201ca promising step\u201d towards reaching an agreement on the dam\u2019s filling and operation that satisfies all parties on Saturday.<\/p>\n<p><strong>Egypt is continuing to lobby for US involvement:<\/strong> GERD could \u201cinflict incalculable socioeconomic and environmental harm downstream\u201d and \u201cexponentially increase the dangers posed by climate change,\u201d Egypt\u2019s ambassador to the US Motaz Zahran said in a piece for <a href=\"https:\/\/foreignpolicy.com\/2021\/04\/29\/gerd-renaissance-dam-negotiations-biden-ethiopia-egypt\/\">Foreign Policy<\/a>, calling for the US to \u201cencourage\u201d Ethiopia to accept an agreement and save the \u201cfaltering\u201d AU-led process.<\/p>\n<p><strong>AU Chairman F\u00e9lix Tshisekedi could be paying Cairo, Khartoum, and Addis Ababa a visit<\/strong><strong> \u201csoon\u201d<\/strong> to push for a resolution, Sudanese Foreign Minister Mariam Al Mahdi said after meeting with Tshisekedi to discuss the GERD negotiations yesterday, according to Sudanese state news agency <a href=\"https:\/\/www.suna-sd.net\/read?id=711350\">SUNA<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/african-union\/\">African Union<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/biden-administration\/\">Biden administration<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/foreign-affairs\/\">foreign affairs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/water\/\">water<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562024\" 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=\"562024\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">FOREIGN AFFAIRS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/turkey-wants-a-closer-trade-relationship-with-egypt\/\">\r\n                            Turkey wants a closer trade relationship with Egypt                        <\/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\/05\/04\/turkey-wants-a-closer-trade-relationship-with-egypt\/\" 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\/05\/04\/turkey-wants-a-closer-trade-relationship-with-egypt\/')\">\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\/05\/04\/turkey-wants-a-closer-trade-relationship-with-egypt\/\">\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=Turkey wants a closer trade relationship with Egypt&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/turkey-wants-a-closer-trade-relationship-with-egypt\/\">\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\/05\/04\/turkey-wants-a-closer-trade-relationship-with-egypt\/&title=Turkey wants a closer trade relationship with Egypt\">\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=Turkey+wants+a+closer+trade+relationship+with+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Fturkey-wants-a-closer-trade-relationship-with-egypt%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\/05\/04\/turkey-wants-a-closer-trade-relationship-with-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/22.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"562025\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/turkey-wants-a-closer-trade-relationship-with-egypt\/22-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/22.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"22.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/22.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/22.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562024\" class=\"content-area-description single-story post-562024 post type-post status-publish format-standard has-post-thumbnail hentry category-foreign-affairs tag-diplomacy tag-eastern-mediterranean tag-enterpriseam tag-foreign-affairs tag-trade 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-08\"><\/a> <strong>Turkey wants to improve its trade relationship with Egypt<\/strong> \u201cin parallel\u201d with restoring diplomatic ties, Turkish Trade Minister Mehmet Mus told reporters Monday, following overtures in recent months that point to Ankara\u2019s desire to patch up its rocky relationship with Cairo, <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2CK0N2\">Reuters<\/a> reports. Mus\u2019 statement comes ahead of an <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0e812195-8eb5-4a21-8c3e-4a708cf87cdc\">expected visit<\/a> from a delegation of high-level Turkish diplomats to Cairo this week.<\/p>\n<p><strong>Are the Turks already in town?<\/strong> El Hekaya\u2019s Amr Adib\u2019s sources suggest that the Turkish delegation has either already landed in Egypt or is set to arrive today, the host said yesterday (<a href=\"https:\/\/www.youtube.com\/watch?v=jBDFzKq8Pws\">watch, runtime: 4:04<\/a>). The visit, which would be the culmination of a series of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fd9bd86b-542e-46d6-a545-108fa6ec37d9\">olive branches<\/a> Turkey has offered us in recent months, follows talks between the two countries\u2019 intelligence chiefs and foreign ministers, and Turkish Foreign Minister Mevlut \u00c7avu\u015fo\u011flu <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/704ea626-80bf-4b45-9089-961a0e8e1493\">declared<\/a> the dawning of \u201ca new era with Egypt.\u201d<\/p>\n<p><strong>Egypt is Turkey\u2019s biggest trade partner in Africa<\/strong>, said the minister, with the value of trade between the two countries estimated at USD 486 bn in 2020, and remaining more or less consistent since the political rift between the two countries in 2013 following the ouster of Ikhwan president Mohamed Morsi.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eastern-mediterranean\/\">Eastern Mediterranean<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/foreign-affairs\/\">foreign affairs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"562026\" 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=\"562026\">\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\">Transport<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/hyundai-rotem-neric-to-manufacture-railcars-in-egypt\/\">\r\n                            Hyundai Rotem, NERIC to manufacture railcars in Egypt                        <\/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\/05\/04\/hyundai-rotem-neric-to-manufacture-railcars-in-egypt\/\" 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\/05\/04\/hyundai-rotem-neric-to-manufacture-railcars-in-egypt\/')\">\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\/05\/04\/hyundai-rotem-neric-to-manufacture-railcars-in-egypt\/\">\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=Hyundai Rotem, NERIC to manufacture railcars in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/hyundai-rotem-neric-to-manufacture-railcars-in-egypt\/\">\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\/05\/04\/hyundai-rotem-neric-to-manufacture-railcars-in-egypt\/&title=Hyundai Rotem, NERIC to manufacture railcars in Egypt\">\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=Hyundai+Rotem%2C+NERIC+to+manufacture+railcars+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Fhyundai-rotem-neric-to-manufacture-railcars-in-egypt%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\/05\/04\/hyundai-rotem-neric-to-manufacture-railcars-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/24.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"562027\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/hyundai-rotem-neric-to-manufacture-railcars-in-egypt\/24-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/24.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"24.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/24.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/24.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562026\" class=\"content-area-description single-story post-562026 post type-post status-publish format-standard has-post-thumbnail hentry category-transport tag-enterpriseam tag-hyundai-rotem tag-kamel-el-wazir tag-neric tag-transport tag-transport-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>South Korea\u2019s Hyundai Rotem will partner with the National Egyptian Railway<\/strong> <strong>Industries Company (NERIC) to produce railcars in Egypt<\/strong> after the two signed an MoU on Wednesday, the Planning Ministry said in a <a href=\"https:\/\/ent.news\/2021\/5\/Egypt-Rotem.pdf\">statement<\/a><a href=\"https:\/\/ent.news\/2021\/5\/Egypt-Rotem.pdf\">(pdf)<\/a>. The company will set up plants in Egypt to manufacture railway cars, signaling systems, and control and driving equipment, in addition to providing railway engineering services, CEO Lee Young-Bae said. The agreement will also see the South Korean firm transfer technology to Egypt, and came a day after Lee and President Abdel Fattah El Sisi <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4882089d-649b-458e-9fe7-872640dce6eb\">discussed<\/a> locally producing railcars and signalling equipment, and cooperating over green hydrogen production.<\/p>\n<p><strong>A six-year plan:<\/strong> The government plans to reach a 25% local component quota for the nation\u2019s railway system over the next two years as part of a six-year plan under President Abdel Fattah El Sisi\u2019s directives. The strategy would see the local component quota at 50% after four years and 75% at the end of the six-year period.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hyundai-rotem\/\">Hyundai Rotem<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/neric\/\">NERIC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport-ministry\/\">Transport Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562028\" 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=\"562028\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/moves-tarek-tawfik-elected-amcham-president\/\">\r\n                            Moves: Tarek Tawfik elected AmCham president                        <\/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\/05\/04\/moves-tarek-tawfik-elected-amcham-president\/\" 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\/05\/04\/moves-tarek-tawfik-elected-amcham-president\/')\">\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\/05\/04\/moves-tarek-tawfik-elected-amcham-president\/\">\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=Moves: Tarek Tawfik elected AmCham president&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/moves-tarek-tawfik-elected-amcham-president\/\">\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\/05\/04\/moves-tarek-tawfik-elected-amcham-president\/&title=Moves: Tarek Tawfik elected AmCham president\">\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=Moves%3A+Tarek+Tawfik+elected+AmCham+president+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Fmoves-tarek-tawfik-elected-amcham-president%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\/05\/04\/moves-tarek-tawfik-elected-amcham-president\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562028\" class=\"content-area-description single-story post-562028 post type-post status-publish format-standard hentry category-moves tag-amcham tag-amer-group tag-customs-authority tag-enterpriseam tag-heliopolis-housing-and-development tag-moves tag-shahat-el-ghatwary tag-tarek-tawfik wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>AmCham Egypt <\/strong>has elected <strong>Tarek Tawfik <\/strong>(<a href=\"https:\/\/www.linkedin.com\/in\/tarek-tawfik-24717324\/?originalSubdomain=eg\">LinkedIn<\/a>), chairman of the Cairo Poultry Group, as the new <strong>president <\/strong>for two years, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=27042021&id=7a8471c6-406c-44eb-89c2-1300f963713c\">Al Shorouk<\/a> reports. Tawfik will succeed AUC School of Business Dean <strong>Sherif Kamel<\/strong> (<a href=\"https:\/\/www.linkedin.com\/authwall?trk=gf&trkInfo=AQF7HKoPVRzm2AAAAXkVyS9oTlti816hYnS0OMrUWx2dbx3d6jziPnKjqsJ9kNEAfPXtx2to4L-udV4-q2qe_lIXOlecoGQzSQSaPdJL_I3gUb0VHwm1RW2r6VmALSwk9yEnmek=&originalReferer=https:\/\/enterprise.press\/&sessionRedirect=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fkamels%2F\">LinkedIn<\/a>). Apache Egypt General Manager <strong>David Chi<\/strong> (<a href=\"https:\/\/www.amcham.org.eg\/membership\/members-database\/6304\/apache-egypt-companies#\">Bio<\/a>) has been appointed the chamber\u2019s vice president from the US side, while <strong>Tarek Mohanna<\/strong> (<a href=\"https:\/\/uk.linkedin.com\/in\/tarek-mohanna-a014344b?trk=people-guest_profile-result-card_result-card_full-click\">LinkedIn<\/a>), a partner at MHR & Partners, has been appointed as the Egyptian vice president.<\/p>\n<p><strong>Ayman Farouk <\/strong>has been appointed <strong>head of investor relations <\/strong>at <strong>Heliopolis <\/strong><strong>Housing and Development<\/strong>, the company said in <a href=\"https:\/\/ent.news\/2021\/5\/%D9%85%D8%B5%D8%B1-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%A7%D8%B7%D8%A7%D8%B1-28-04-2021.pdf\">a statement (pdf)<\/a> last Tuesday.<\/p>\n<p><strong>Shahat El Ghatwary<\/strong> has been appointed as the head of the <strong>Customs Authority <\/strong>effective 1 May for a one-year term, the Finance Ministry said in a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/photos\/a.825570437621323\/1917083301803359\/\">statement<\/a>. He follows Kamal Negm who had served as the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/463f3e09-bf58-4426-a7b4-91841de4ad0a\">authority\u2019s head since 2018<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/amcham\/\">AmCham<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/amer-group\/\">Amer Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/customs-authority\/\">Customs Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/heliopolis-housing-and-development\/\">Heliopolis Housing and Development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moves\/\">moves<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/shahat-el-ghatwary\/\">Shahat El Ghatwary<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tarek-tawfik\/\">Tarek Tawfik<\/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=\"562029\" 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=\"562029\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/562029\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562029\" class=\"content-area-description single-story post-562029 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class='web-image'><a href='https:\/\/www.sodic.com\/'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/Sodic-The-Estate2-1600px.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562030\" 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=\"562030\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/last-nights-talk-shows-on-4-may-2021\/\">\r\n                            Last Night\u2019s Talk Shows on 4 May 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\/05\/04\/last-nights-talk-shows-on-4-may-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\/05\/04\/last-nights-talk-shows-on-4-may-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\/05\/04\/last-nights-talk-shows-on-4-may-2021\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Last Night\u2019s Talk Shows on 4 May 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/last-nights-talk-shows-on-4-may-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\/05\/04\/last-nights-talk-shows-on-4-may-2021\/&title=Last Night\u2019s Talk Shows on 4 May 2021\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Last+Night%E2%80%99s+Talk+Shows+on+4+May+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Flast-nights-talk-shows-on-4-may-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\/05\/04\/last-nights-talk-shows-on-4-may-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562030\" class=\"content-area-description single-story post-562030 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-covid-19 tag-enterpriseam tag-last-nights-talk-shows wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The talking heads were preoccupied last night with recapping Egypt\u2019s vaccination<\/strong><strong> program and providing commentary on the latest in diplomacy<\/strong>, including our make-up with Turkey and the Grand Ethiopian Renaissance Dam tension, all of which we cover in the news well, above.<\/p>\n<p><strong>Sham El Nessim was a pretty quiet affair<\/strong>, Kelma Akhira\u2019s Lamees El Hadidi (<a href=\"https:\/\/www.youtube.com\/watch?v=lSbLVJj4a0M\">watch, runtime: 1:46<\/a>) and Ala Mas\u2019ouleety\u2019s Ahmed Moussa noted (<a href=\"https:\/\/www.youtube.com\/watch?v=a_4-uR_C6dk\">watch, runtime: 5:32<\/a>). Both talking heads said that while it felt eerie to mark the day without the typical park outings, the spike in covid-19 cases made it necessary to clamp down on mass gatherings.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/last-nights-talk-shows\/\">LAST NIGHT\u2019S TALK SHOWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562031\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button 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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-dcbeh81\" data-v=\"4\" data-block-id=\"dcbeh81\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-dcbeh81-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-dcbeh81-inner-blocks\">\r\n            <div 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   <div class=\"index-number\">14<\/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\/05\/04\/egypt-in-the-news-on-4-may-2021\/\">\r\n                            Egypt in the News on 4 May 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\/05\/04\/egypt-in-the-news-on-4-may-2021\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img 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                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\/05\/04\/egypt-in-the-news-on-4-may-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562032\" class=\"content-area-description single-story post-562032 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-art tag-culture tag-diplomacy tag-enterpriseam tag-giulio-regeni tag-human-rights tag-joe-biden tag-politics tag-ramadan tag-suez-canal tag-us wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Dominating coverage of Egypt this morning in the foreign press:<\/strong> Four members of Egypt\u2019s security services may be tried in Italy over their alleged role in the disappearance and killing of Giulio Regeni. Italian prosecutors last week asked a judge to allow the trial to proceed. <strong>A decision over whether the case goes to trial will now be made on 25 May<\/strong> after the judge postponed the hearing on Thursday due to one of the Egyptians\u2019 lawyers testing positive for covid-19. <strong>Covering the story:<\/strong> <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2CG14S\">Reuters<\/a> | <a href=\"https:\/\/apnews.com\/article\/europe-italy-africa-middle-east-egypt-93199fc3a8cf420d0f04fc64fd2ab8dc\">Associated Press<\/a> | <a href=\"https:\/\/www.theguardian.com\/world\/2021\/apr\/29\/italian-judge-is-asked-to-put-egyptian-officers-on-trial-over-giulio-regeni-death\">The Guardian<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/art\/\">art<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/culture\/\">culture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/giulio-regeni\/\">Giulio Regeni<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/joe-biden\/\">Joe Biden<\/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\/ramadan\/\">Ramadan<\/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\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562033\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562034\" 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=\"562034\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/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\/05\/04\/also-on-our-radar-on-4-may-2021\/\">\r\n                            Also on our Radar on 4 May 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\/05\/04\/also-on-our-radar-on-4-may-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\/05\/04\/also-on-our-radar-on-4-may-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\/05\/04\/also-on-our-radar-on-4-may-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 4 May 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/also-on-our-radar-on-4-may-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\/05\/04\/also-on-our-radar-on-4-may-2021\/&title=Also on our Radar on 4 May 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+4+May+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F04%2Falso-on-our-radar-on-4-may-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\/05\/04\/also-on-our-radar-on-4-may-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562034\" class=\"content-area-description single-story post-562034 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseam tag-juhayna tag-muslim-brotherhood tag-oil-and-gas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Juhayna has lodged an official complaint with the Traffic Police over what it <\/strong><strong>described as the \u201cunjustified targeting\u201d of its fleet<\/strong>, <a href=\"https:\/\/www.reuters.com\/article\/instant-article\/idARAKBN2CK0WV\">Reuters<\/a> reports. The company says that traffic authorities regularly gather outside the company\u2019s factory in Giza and have withdrawn licenses of 132 of the company\u2019s vehicles, causing the company to suffer financial losses. The 6th of October traffic department has also allegedly prevented the company from renewing licenses for 65 of its vehicles. The company\u2019s Chairman Safwan Thabet was arrested <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/692e0dbb-bdc8-40ba-9fba-fb2926de93e9\">late last year<\/a> amid allegations of ties to the Ikhwan; CEO Seif Thabet has also been detained<\/p>\n<p><strong>GOOD NEWS FOR FACTORIES:<\/strong> The Finance Ministry will fix electricity and gas prices for industry for the next three years, which would cost the state coffers EGP 10 bn, minister Mohamed Maait <a href=\"https:\/\/bit.ly\/3gUExaL\">said in a statement<\/a> as budget talks continue in the House of Representatives.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/juhayna\/\">Juhayna<\/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\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562035\" 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=\"562035\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/what-the-markets-are-doing-on-4-may-2021\/\">\r\n                            What the markets are doing on 4 May 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\/05\/04\/what-the-markets-are-doing-on-4-may-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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Previous IMF forecasts predicted a US recovery would not take place before mid-2022, but increased spending on the back of President Joe Biden\u2019s USD 1.9 tn stimulus package has improved recovery prospects, economists say. The EU similarly did not record as large a contraction as predicted by the IMF, leaving it on track for a recovery during 2022.<\/p><p><strong>Warren Buffett's Berkshire Hathaway returned to profitability in 1Q2021<\/strong>, posting net income of USD 11.7 bn compared to a loss of USD 49.7 bn a year earlier when the value of its stock investments plummeted on the back of the pandemic, according to <a href=\"https:\/\/ent.news\/2021\/5\/may0121.pdf\">an earnings release (pdf)<\/a>. Many of Berkshire\u2019s subsidiaries have \u201cexperienced significant recoveries\u201d and \u201cthe first quarter\u2019s revenues and earnings for these businesses were considerably higher than in the first quarter of 2020,\u201d Buffett said during a shareholder meeting on Saturday (<a href=\"https:\/\/finance.yahoo.com\/brklivestream\">watch, runtime: 5:13:53<\/a>).<\/p><p><strong>Berkshire resisted shareholder resolutions calling for it to report its efforts to address climate change and workforce diversity<\/strong>, despite growing calls among some of the world\u2019s largest investors that climate disclosures should be a must for all companies, <a href=\"https:\/\/www.reuters.com\/business\/sustainable-business\/berkshire-shareholders-reject-climate-change-diversity-proposals-that-buffett-2021-05-01\/\">Reuters<\/a> reports.<\/p><p><strong>The Oracle of Omaha warns of incoming inflation:<\/strong> Buffett said his portfolio companies were \u201cseeing very substantial inflation\u201d in a range of sectors amid shortages of raw materials and high savings, signaling further price pressures in the US amid a \u201cred hot\u201d recovery from the worst of the coronavirus pandemic.<\/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>10,475<\/p>\n<\/td>\n<td>\n<p>-1.1% (YTD: -3.4%)<\/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-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>10,309<\/p>\n<\/td>\n<td>\n<p>-0.5% (YTD: +18.6%)<\/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>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>6,095<\/p>\n<\/td>\n<td>\n<p>+0.3% (YTD: +20.8%)<\/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>2,654<\/p>\n<\/td>\n<td>\n<p>+1.1% (YTD: +6.5%)<\/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>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>4,193<\/p>\n<\/td>\n<td>\n<p>+0.3% (YTD: +11.6%)<\/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>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>6,970<\/p>\n<\/td>\n<td>\n<p>+0.1% (YTD: +7.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 67.73<\/p>\n<\/td>\n<td>\n<p>+0.3%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.96<\/p>\n<\/td>\n<td>\n<p>-0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,790.30<\/p>\n<\/td>\n<td>\n<p>-0.1%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 55,915.40<\/p>\n<\/td>\n<td>\n<p>-3.7%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><p><strong>The EGX30 fell 1.1% on Wednesday<\/strong> on turnover of EGP 795 mn (37.8% below the 90-day average). Foreign investors were net sellers. The index is down 3.4% YTD.<\/p><p><strong>In the green:<\/strong> Cleopatra Hospital (+1.6%), Fawry (+0.8%) and Orascom Development (+0.3%).<\/p><p><strong>In the red:<\/strong> ElSewedy Electric (-3.1%), MM Group (-2.7%) and Oriental Weavers (-2.6%).<\/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\/apollo\/\">Apollo<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/berkshire-hathaway\/\">Berkshire Hathaway<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-markets\/\">Financial Markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/planet-finance\/\">Planet Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/warren-buffett\/\">Warren Buffett<\/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=\"562036\">\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\">16<\/div>\r\n\r\n                        \r\n                        <h3 class=\"story-title\"><a href=\"https:\/\/enterpriseam.com\/egypt\/goinggreens\/what-more-could-egypt-be-doing-to-tackle-air-pollution\/\">\r\n                            What more could Egypt be doing to tackle air pollution?<\/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\/what-more-could-egypt-be-doing-to-tackle-air-pollution\/\" 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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To tackle this, multiple government-led programs are <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c6c03d72-9d4c-4591-af31-31f00be0e22a\">targeting carbon emissions reduction<\/a>, with development finance and private sector support. But some analysts and business owners say more measures are needed, and are recommending a more ambitious renewables strategy, financial incentives to boost renewables, capping emissions of our most polluting industries, and using cleaner carbon capture technology.<\/p>\n<p><strong>Egypt\u2019s renewables strategy seems ambitious \u2014 but some experts want to aim higher:<\/strong> Egypt <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d8b38978-d415-4824-a357-94afdd3984d7\">remains reliant<\/a> on hydrocarbon-based fossil fuels. Renewables comprise <a href=\"https:\/\/link.springer.com\/article\/10.1007\/s41207-020-00184-w\">an estimated<\/a> 10% of the energy mix, and the government aims to increase this to 42% by 2035. In its <a href=\"https:\/\/ent.news\/2021\/4\/IRENA_Outlook_Egypt_2018_En.pdf\">Egypt Renewable Energy Outlook 2018 (pdf)<\/a>, the International Renewable Energy Agency (IRENA) says <strong>it\u2019s technically and economically feasible for Egypt to aim for 53% of power generation from renewable sources by 2030. <\/strong><\/p>\n<p><strong>Targets for renewables \u2014 and coal \u2014 are outdated, say some studies.<\/strong> The government set its 42% renewables target in 2016, and introduced <a href=\"https:\/\/chemical-materials.elsevier.com\/chemical-rd\/coal-worst-fossil-fuel-emissions-climate-health-smog\/\">heavyweight polluter coal<\/a> to reduce imported gas reliance following <a href=\"https:\/\/enterprise.press\/hardhats\/covid-19-impacting-egypts-renewable-energy-sector-part-3-overcapacity-problem\/\">2011-2013 electricity shortages<\/a>, the IRENA report notes. Under this scenario, coal is set to comprise 16% of the mix by 2035, while under <a href=\"https:\/\/ent.news\/2021\/4\/Egypt-Vision-2030-English.pdf\">Egypt\u2019s 2030 Vision (pdf)<\/a>, it is due to comprise 29% by 2030. But today we have surplus electricity, with our <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7a706c7f-6b04-48a9-97ec-cf222060b61f\">generation capacity<\/a> of 58 GW exceeding our peak demand of 30-32 GW. This degree of fossil fuel-reliance could see Egypt\u2019s CO2 emissions exceed 300% of current emissions within 10 years, the Euro-Mediterranean Journal for Environmental Integration <a href=\"https:\/\/link.springer.com\/article\/10.1007\/s41207-020-00184-w\">study notes<\/a>.<\/p>\n<p><strong>IRENA\u2019s recommendations: Cut coal, and update the energy strategy every two years.<\/strong> Introducing coal into the energy mix hinders emission reduction efforts, the IRENA report notes. Egypt should update its energy strategy every two years, given rapid developments in tech and cost effectiveness of renewables.<\/p>\n<p><strong>Accelerating the renewables transition requires more financial support: <\/strong>Renewables are <a href=\"https:\/\/www.irena.org\/newsroom\/pressreleases\/2020\/Jun\/Renewables-Increasingly-Beat-Even-Cheapest-Coal-Competitors-on-Cost\">very cost-competitive<\/a>, and some measures are already in place to help businesses cut costs. <a href=\"http:\/\/www.cairo-solar.com\/\">Cairo Solar<\/a> currently pays no tariffs on solar panels, and low tariffs on inverters, says Managing Director Hatem Tawfik. Custom duties for renewable energy production or generation equipment can be as low as 2%, energy and environment analyst and Solutions Fellow at the <a href=\"https:\/\/www.c2es.org\/\">Center for Climate and Energy Solutions<\/a>Mahmoud Abouelnaga tells Enterprise. And <a href=\"https:\/\/enterprise.press\/2019\/05\/22\/electricity-prices-rise-15-average-fy2019-2020\/\">phasing out<\/a> electricity subsidies will be key to attracting foreign investors, he adds.<\/p>\n<p><strong>But a raft of other incentives could encourage more activity:<\/strong> Subsidized financing for solar companies of all sizes would boost the sector, says Tawfik. He wants VAT for solar companies reduced to 5% (down from the standard 14%) as well as more financing \u2014 bank loans and grants like the <a href=\"https:\/\/egypt-pv.org\/project-goal\/?lang=en\">Egypt PV fund<\/a> and the EBRD\u2019s <a href=\"https:\/\/ebrdgeff.com\/egypt\/\">GEFF mechanism<\/a> \u2014 for clients installing solar equipment.<\/p>\n<p><strong>Other recommendations? Stop treating small and mid-size projects as high-risk: <\/strong>Larger renewables projects often benefit from low interest rate loans, while small and mid-size projects are still seen as high-risk, says Abouelnaga, \u201cthough solar and wind costs have decreased remarkably in the last decade.\u201d Smaller projects should be able to collectively apply for low interest rate financing, he suggests. \u201cIf there\u2019s a 200 MW project financing cut-off, the 200 MW could come from several smaller projects grouped together, rather than one large 200 MW project.\u201d<\/p>\n<p><strong>And keep building electricity transmission capacity: <\/strong>Conversations with DFIs like the World Bank should focus on building transmission capacity, Abouelnaga believes. \u201cIt\u2019s a key question: what are we going to do with all our generation capacity if we don\u2019t have transmission capacity? That\u2019s where investments need to be scaled.\u201d Establishing transparent and cost-reflective transmission charges is needed, says Heike Harmgart, EBRD Managing Director for the Southern and Eastern Mediterranean. \u201cThe ministry is making big strides on this. I expect in 2021 and 2022 we\u2019ll see many more private-to-private agreements. We signed one of the first <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/95e11ac7-eaf8-4158-98dc-25e075791a1f\">with Taqa Arabia<\/a> last year. I think more are coming,\u201d Harmgart said.<\/p>\n<p><strong>Meanwhile, heavily polluting industries need emission caps,<\/strong> says Abouelnaga. \u201cIndustries needing stricter enforcement \u2014 like cement and steel \u2014 will only limit their emissions through environmental policy restrictions.\u201d Energy, agriculture, manufacturing, and waste handling and management are <a href=\"https:\/\/enterprise.press\/hardhats\/look-egypts-polluting-sectors\/\">Egypt\u2019s biggest emissions culprits<\/a>.<\/p>\n<p><strong>What could help? Industrial clusters: <\/strong>Creating industrial clusters away from cities could help reduce emissions, with facilities sharing infrastructure, Abouelnaga says. \u201cLower-priced land or energy subsidies could be incentives. If the clusters were close to energy power plants, they\u2019d feed into each other.\u201d<\/p>\n<p><strong>And if slashing emissions doesn\u2019t work? Industry can support renewables through carbon credits: <\/strong>Industrial producers can reduce their carbon footprint by donating to mega-renewable projects <a href=\"https:\/\/enterprise.press\/stories\/2020\/12\/15\/a-good-day-for-renewable-energy-27207\/\">like Zaafarana<\/a>, <a href=\"https:\/\/www.egyptgbc.org\/\">Egypt Green Building Council<\/a> board member and sustainability consultant Hoda Ibrahim tells Enterprise. \u201cZaafarana is registered <a href=\"https:\/\/www.cnbc.com\/quotes\/.IRX\">on the IRX<\/a>, and factories can pay to offset the amount of electricity they consume annually.\u201d<\/p>\n<p><strong>Would emissions caps for transport be helpful? Probably not yet:<\/strong> Egypt is investing heavily in urban transport networks but could still do a lot more in the transport sector to reduce carbon emissions, says Harmgart. And EBRD-supported pilots on electro-mobility and transitioning to lower carbon public and private transport are important steps in this area, she adds. \u201cBut I\u2019m not sure an emissions cap on transport is currently the most efficient way to reduce emissions in Egypt. In some areas, a lot of work would be needed.\u201d<\/p>\n<p><strong>But pinning all our hopes on a renewables transition or heavy polluters curbing emissions is unrealistic,<\/strong> Abouelnaga says. \u201cWhen it comes to <a href=\"https:\/\/www.irena.org\/events\/2020\/Mar\/Tackling-Hard-to-Decarbonize-Sectors-Applications-and-Production-of-Powerfuels\">hard-to-decarbonize<\/a> sectors, there\u2019s a limit to what you can alter. You can\u2019t change the chemical process for producing cement. Even if factories use clean energy, in producing cement, they produce CO2.\u201d Significantly shifting away from fossil fuels might not happen soon, he adds. \u201cWe\u2019re building natural gas <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/905bc1ee-f999-4f42-9ce8-48f235f994c6\">combined cycle power plants<\/a>, with a lifespan of at least 30 years. In terms of investment, we don\u2019t want to wind that down.\u201d<\/p>\n<p><strong>Carbon capture could be a solution:<\/strong> Implementing <a href=\"https:\/\/www.sciencedirect.com\/topics\/engineering\/carbon-capture\">carbon capture technology<\/a> is straightforward, and CO2 captured could be used for other industrial processes, including <a href=\"https:\/\/www.energy.gov\/fe\/science-innovation\/oil-gas-research\/enhanced-oil-recovery\">enhanced oil recovery<\/a> \u2014 pumping CO2 down an oil or gas well to increase pressure \u2014 or manufacturing beverages, says Abouelnaga. Industrial facilities can be retrofitted with carbon capture devices as a relatively cost-effective way to keep fossil fuels in the energy mix, with minimal CO2 emissions, he adds.<\/p>\n<p><strong>But the tech isn\u2019t really on Egypt\u2019s radar yet:<\/strong> <a href=\"https:\/\/www.cnbc.com\/2021\/03\/09\/abu-dhabi-eyes-new-partnerships-for-carbon-capture-as-oil-price-climbs.html\">The UAE<\/a>, <a href=\"https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/775688\/Memorandum_of_Understanding_UK-Norway.pdf\">UK and Norway<\/a> are all making strides in carbon capture technology, says Abouelnaga. \u201cThe tech is getting a lot of attention. But it doesn\u2019t seem to be in Egypt\u2019s strategy at all.\u201d Carbon capture is still an expensive decarbonization solution in Egypt, notes Harmgart. \u201cThere are lots of cost-competitive technologies that have become mainstream and accessible, like solar and wind. Others, like green hydrogen and solar-powered desalination, have tremendous potential. But we need to be open about all decarbonization solutions.\u201d<\/p>\n<p><strong>Your top climate stories for the week:<\/strong><\/p>\n<ul>\n<li><strong>UAE wants in on Israel\u2019s natgas resources:<\/strong> Israel\u2019s Tamar offshore field, which supplies Egypt with natural gas under a 2018 agreement, could be getting a new shareholder as Delek Drilling \u2014 one of the field\u2019s owners \u2014 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/76d27696-bf15-40b2-9b8a-eaf435587b17\">moves to sell its 22% stake<\/a> to the UAE\u2019s Mubadala.<\/li>\n<li><strong>Natgas vehicles:<\/strong> The MSME Development Agency and Gastec <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/213076e5-39b0-4bb2-9752-97fc4e66962f\">converted 9.5k cars<\/a> to run on natgas in 1Q2021 at an estimated cost of EGP 75 mn.<\/li>\n<li><strong>Green tech: <\/strong>The Higher Education Ministry has <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/213076e5-39b0-4bb2-9752-97fc4e66962f\">launched<\/a> the first incubator program for clean and green technology in Upper Egypt.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/carbon-capture\/\">carbon capture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/co2-emissions\/\">CO2 emissions<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/coal\/\">coal<\/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\/egypt-pv-fund\/\">Egypt PV fund<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/environment\/\">environment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hatem-tawfick\/\">Hatem Tawfick<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/khaled-madkour\/\">Khaled Madkour<\/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\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/un-environment-programme\/\">UN Environment Programme<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-bank\/\">World Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n\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=\"562038\" 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\/05\/04\/your-essential-business-calendar-on-4-may-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562038\" class=\"content-area-description single-story post-562038 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>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><strong>**Note to readers:<\/strong> Some national holidays may appear twice above. Since 2020, Egypt has observed most mid-week holidays on Thursdays regardless of the day on which they fall and may also move those days to Sundays. We distinguish below between the actual holiday and its observance.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":562010,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-562009","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"cb53ce77-9387-4af9-89c2-587d53131e5c","teaser":"","photo_url":"https:\/\/ent.news\/2021\/5\/15.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>J&amp;J, Sputnik jabs coming to Egypt as third wave washes over the nation - 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\/jj-sputnik-jabs-coming-to-egypt-as-third-wave-washes-over-the-nation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"J&amp;J, Sputnik jabs coming to Egypt as third wave washes over the nation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/jj-sputnik-jabs-coming-to-egypt-as-third-wave-washes-over-the-nation\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T03:32:43+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/15.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\/jj-sputnik-jabs-coming-to-egypt-as-third-wave-washes-over-the-nation\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/jj-sputnik-jabs-coming-to-egypt-as-third-wave-washes-over-the-nation\/\",\"name\":\"J&J, Sputnik jabs coming to Egypt as third wave washes over the nation - 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