{"id":562086,"date":"2021-05-06T04:07:34","date_gmt":"2021-05-06T04:07:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=562086"},"modified":"2025-12-16T03:34:25","modified_gmt":"2025-12-16T03:34:25","slug":"new-covid-restrictions-coming-into-effect-but-at-least-well-get-a-five-day-eid","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/new-covid-restrictions-coming-into-effect-but-at-least-well-get-a-five-day-eid\/","title":{"rendered":"New covid restrictions coming into effect, but at least we\u2019ll get a five-day Eid"},"content":{"rendered":"<section id=\"562088\" 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=\"562088\">\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\/06\/this-morning-were-getting-a-five-day-eid-break-biden-wants-covid-vaccine-patents-suspended-its-pmi-day\/\">\r\n                            THIS MORNING: We\u2019re getting a five-day Eid break + Biden wants covid vaccine patents suspended + it\u2019s PMI day                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/this-morning-were-getting-a-five-day-eid-break-biden-wants-covid-vaccine-patents-suspended-its-pmi-day\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/this-morning-were-getting-a-five-day-eid-break-biden-wants-covid-vaccine-patents-suspended-its-pmi-day\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/this-morning-were-getting-a-five-day-eid-break-biden-wants-covid-vaccine-patents-suspended-its-pmi-day\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=THIS MORNING: We\u2019re getting a five-day Eid break + Biden wants covid vaccine patents suspended + it\u2019s PMI day&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/this-morning-were-getting-a-five-day-eid-break-biden-wants-covid-vaccine-patents-suspended-its-pmi-day\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/this-morning-were-getting-a-five-day-eid-break-biden-wants-covid-vaccine-patents-suspended-its-pmi-day\/&title=THIS MORNING: We\u2019re getting a five-day Eid break + Biden wants covid vaccine patents suspended + it\u2019s PMI day\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=THIS+MORNING%3A+We%E2%80%99re+getting+a+five-day+Eid+break+%2B+Biden+wants+covid+vaccine+patents+suspended+%2B+it%E2%80%99s+PMI+day+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F06%2Fthis-morning-were-getting-a-five-day-eid-break-biden-wants-covid-vaccine-patents-suspended-its-pmi-day%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/this-morning-were-getting-a-five-day-eid-break-biden-wants-covid-vaccine-patents-suspended-its-pmi-day\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562088\" class=\"content-area-description single-story post-562088 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-blue-origin tag-diplomacy tag-enterpriseam tag-jeff-bezos tag-pmi tag-politics tag-space tag-turkey tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Well, wonderful people, we\u2019ve nearly made it through another workweek together. <\/strong>Just a few hours left.<\/p>\n<p><strong>THE BIG STORY here at home: We\u2019re getting a five-day Eid break. <\/strong>Also, something about new restrictions. But did we mention the five-day break for Eid El-Fitr? The vacation begins on Wednesday, 12 May (likely to be the last day of Ramadan) and we\u2019re due back at our desks on Monday, 17 May. We have the full rundown in this morning\u2019s news well, below.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>THE BIG STORY ABROAD on this final day of the workweek?<\/strong> There\u2019s no contest: <strong>The B<\/strong><strong>iden administration is backing plans to suspend patent protections for covid vaccines<\/strong> for the duration of the pandemic. The story leads front pages from the <a href=\"https:\/\/www.ft.com\/content\/eca86f43-7127-4213-948d-3cc8d652805e\">Financial Times<\/a> and <a href=\"https:\/\/www.washingtonpost.com\/health\/2021\/05\/05\/biden-waives-vaccine-patents\/\">Washington Post<\/a> to the <a href=\"https:\/\/www.wsj.com\/articles\/u-s-backs-waiver-of-intellectual-property-protection-for-covid-19-vaccines-11620243518?mod=hp_lead_pos1\">Wall Street Journal<\/a> and <a href=\"https:\/\/www.reuters.com\/business\/healthcare-pharmaceuticals\/biden-says-plans-back-wto-waiver-vaccines-2021-05-05\/\">Reuters<\/a>, by way of everything else in between. The hope is that doing so will let companies in countries including Egypt make vaccines at prices affordable to frontier emerging market countries \u2014 and increase supply in doing so.<\/p>\n<p><strong>FROM THE DUMPSTER FIRE that is our Twitter feed:<\/strong><\/p>\n<ul>\n<li><strong>An <\/strong><strong><a href=\"https:\/\/twitter.com\/newscientist\/status\/1389871844463980546?s=20\">out-of-control, 21-ton chunk of a Chinese rocket<\/a><\/strong><strong> will crash to earth this <\/strong><strong>weekend. <\/strong>The \u201cuncontrolled entry\u201d means it will be just about impossible for scientists to say where it will land until just before re-entry \u2014 and <strong><a href=\"https:\/\/www.elwatannews.com\/news\/details\/5477877\">it\u2019s already passed over Egypt twice<\/a><\/strong>, according to local officials, crossing between Sohag and Qena. The <a href=\"https:\/\/www.newscientist.com\/article\/2276526-chinese-rocket-is-hurtling-back-to-earth-after-space-station-launch\/?utm_medium=social&utm_campaign=echobox&utm_source=Twitter#Echobox=1620205710\">New Scientist<\/a> has more.<\/li>\n<li><strong>Ashraf Al Saad<\/strong> (yes, <em>that <\/em>Ashraf Al Saad) <strong>is back in Egypt<\/strong>, complete with a <a href=\"https:\/\/twitter.com\/ashraaf_alsaad\/status\/1389938926211710986?s=12\">smarmy<\/a><a href=\"https:\/\/twitter.com\/ashraaf_alsaad\/status\/1389938926211710986?s=12\">photo of himself in business class<\/a> on an EgyptAir flight. He was promptly detained at the airport.<\/li>\n<li><strong>Two Israeli soldiers had a <\/strong><strong><a href=\"https:\/\/twitter.com\/AviMayer\/status\/1389624884008038401?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1389624884008038401%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.jpost.com%2Fisrael-news%2Fwho-won-watch-dance-off-between-israeli-and-egyptian-soldiers-on-border-667214\">cross-border dance-off<\/a><\/strong><strong> with two Egyptian troops<\/strong> in Sinai. The <a href=\"https:\/\/www.jpost.com\/israel-news\/who-won-watch-dance-off-between-israeli-and-egyptian-soldiers-on-border-667214\">Jerusalem Post<\/a> is all over it.<\/li>\n<\/ul>\n<p><strong>SIGN OF THE TIMES #1- Goldman Sachs <\/strong><strong><a href=\"https:\/\/www.ft.com\/content\/e515613a-32a2-4692-ad91-0b9e53c577a9\">recalling its US and UK bankers<\/a><\/strong><strong> to the office<\/strong> in June, joining JPMorgan, where boss Jamie Dimon has made clear he really doesn\u2019t care if you don\u2019t like your commute, saying, \u201c<a href=\"https:\/\/www.cnbc.com\/2021\/05\/04\/jamie-dimon-fed-up-with-zoom-calls-and-remote-work-says-commuting-to-offices-will-make-a-comeback.html\">I\u2019m about to cancel all my Zoom meetings. I\u2019m done with it.<\/a>\u201d<\/p>\n<p><strong>WHAT\u2019S HAPPENING TODAY-<\/strong><\/p>\n<p><strong>It\u2019s PMI day:<\/strong> The PMI reading for April will be out this morning at 6:15 am CLT and <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/PressReleases?language=en\">you\u2019ll find it<\/a><a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/PressReleases?language=en\">here<\/a>. Non-oil private sector conditions worsened for the fourth consecutive month in March, with the gauge <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8faed8bc-23ab-4b8c-b5c1-dcfdd52aa20b\">dropping to 48<\/a> from 49.3 the month before, but optimism reached new highs as the vaccine rollout continues to pick up steam.<\/p>\n<p><strong>A first round of reconciliation talks between Egypt and Turkey will wrap up later today:<\/strong> A Turkish delegation led by Ankara\u2019s Deputy Foreign Minister Sedat Onal arrived in Cairo late Tuesday for two days of talks aimed at finally ending years of tensions between the two regional powers.<\/p>\n<p><strong>** CATCH UP QUICK<\/strong> with the top stories from yesterday\u2019s edition of EnterprisePM:<\/p>\n<ul>\n<li><strong>Hold off booking that Eid beach break:<\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a7cb40a2-315a-482b-a56e-9a95c6788e1a\">We\u2019re heading back into lockdown<\/a> (sort of).<\/li>\n<li><strong>IPO Watch:<\/strong> The EGX <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e27b7654-8887-4ccb-8dbd-d8ece6d38455\">approved IDH\u2019s application for a dual listing<\/a>. Now we\u2019re just waiting for the FRA to do the same.<\/li>\n<li><strong>Making it rain:<\/strong> Egyptian logistics player Flextock just broke a regional record with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a5e87a37-7b02-44f7-8899-77ee073ccfb3\">a USD 3.25 mn pre-seed funding round<\/a>.<\/li>\n<\/ul>\n<p><strong>**So, when do we eat?<\/strong> We sit down for iftar at 6:36pm this evening, and will have until 3:30am to wrap up our sohour.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>MARKET WATCH- <\/strong><\/p>\n<p><strong>Galaxy Digital is acquiring crypto wallets provider BitGo in a USD 1.2 bn transaction <\/strong>that marks the first acquisition worth north of USD 1 bn in the burgeoning crypto industry, reports the <a href=\"https:\/\/www.wsj.com\/articles\/galaxy-digital-to-buy-bitgo-in-crypto-sectors-first-1-billion-deal-11620212281?mod=hp_lead_pos7\">Wall Street Journal<\/a>. An acquisition will give Galaxy, a BTC-focused financial services firm, over USD 40 bn in assets under custody and create a combined entity offering a wide variety of services from trading, investment banking, and prime lending to crypto mining operations.<\/p>\n<p><strong>Begad, it\u2019s not a bubble #1: Ether has now rallied a whopping 1,500% in the past year<\/strong>, hitting a new peak of USD 3.45k earlier this week, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-04\/ether-s-1-500-jump-is-just-the-start-for-the-crypto-faithful?sref=mmeFTDW1\">Bloomberg<\/a>. Crypto enthusiasts see a bright future for the second-largest cryptocurrency, which uses the Ethereum blockchain, with some penciling in a USD 5-10k price tag for the token by early next year and arguing that it is bound to follow in Bitcoin\u2019s footsteps. Separately, <strong>Dogecoin<\/strong> \u2014 a cryptocurrency whose entire purpose when launched in 2013 was to ridicule the crypto frenzy at the time, <strong>has become the fourth-largest token after soaring yesterday to an all-time high<\/strong> that brought its cumulative market value to over USD 85 bn, <a href=\"https:\/\/www.reuters.com\/article\/crypto-currency-dogecoin-idUSL4N2MS2BR\">Reuters<\/a> reported. The cryptocurrency was worth nearly USD 70 bn just <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0488cd83-9e05-4edd-9284-ee32c31bf4f4\">one day earlier<\/a> \u2014 and about USD 7 bn in February.<\/p>\n<p><strong>Really, not a bubble: Hundreds of US banks will soon be<\/strong><strong> permitting BTC exchange<\/strong> through their customers\u2019 existing accounts, <a href=\"https:\/\/www.cnbc.com\/2021\/05\/05\/bitcoin-is-coming-to-hundreds-of-us-banks-says-crypto-firm-nydig-.html\">CNBC<\/a> reports. The move by smaller institutions could spell the beginning of even broader adoption as larger institutions come under pressure to offer similar services, optimists say. For now, customers can expect to soon be getting things like BTC rewards debit cards and savings accounts that pay interest in BTC. It\u2019s not the End Times, right?<\/p>\n<p><strong>SIGN OF THE TIMES #2- You can now bid on a trip to space:<\/strong> Jeff Bezos-backed space exploration company Blue Origin is offering civilians the chance to fly beyond the earth\u2019s atmosphere for the first time on 20 July, launching an online auction for a seat aboard its commercial space shuttle the New Shepard, the company said in a <a href=\"https:\/\/www.blueorigin.com\/news\/bid-for-the-very-first-seat-on-new-shepard\">statement<\/a>.<\/p>\n<p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>Inflation:<\/strong> April inflation figures will be out next week.<\/p>\n<p><strong>The nation will get a five-day holiday in observance of Eid El Fitr from Wednesday, 12 <\/strong><strong>May<\/strong> to Sunday, 16 May.<\/p>\n<p><strong>Further afield, the IMF will conduct on 1 June a second review<\/strong> of targets set under the USD 5.2 bn standby loan approved in June 2020.<\/p>\n<p><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\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\/blue-origin\/\">Blue Origin<\/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\/jeff-bezos\/\">Jeff Bezos<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pmi\/\">PMI<\/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\/space\/\">space<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"562089\" 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=\"562089\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/562089\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562089\" class=\"content-area-description single-story post-562089 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/SOMA-ENTERPRISE-VAX-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n<p>As part of the tourism sector initiative, and since our community\u2019s well-being is our first priority, Somabay is vaccinated.<\/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=\"562090\" 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=\"562090\">\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\/06\/covid-cancels-eid-but-well-get-an-extra-long-break\/\">\r\n                            Covid cancels Eid, but we\u2019ll get an extra-long break                        <\/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\/06\/covid-cancels-eid-but-well-get-an-extra-long-break\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n          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href=\"https:\/\/api.whatsapp.com\/send?text=Covid+cancels+Eid%2C+but+we%E2%80%99ll+get+an+extra-long+break+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F06%2Fcovid-cancels-eid-but-well-get-an-extra-long-break%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\/06\/covid-cancels-eid-but-well-get-an-extra-long-break\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562090\" class=\"content-area-description single-story post-562090 post type-post status-publish format-standard hentry category-covid-watch tag-covid-19 tag-enterpriseam tag-g7 tag-hajj tag-india tag-religion tag-saudi-arabia tag-world-health-organization wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>A semi-lockdown is coming into effect today after the country largely \u201ccanceled\u201d <\/strong><strong>covid-19<\/strong> over the past several months, with cafes flouting a shisha ban and individuals no longer abiding by social distancing or wearing masks indoors, Cabinet spokesperson Nader Saad told Ala Mas\u2019ouleety\u2019s Ahmed Moussa (<a href=\"https:\/\/www.facebook.com\/watch\/?v=766726414214380\">watch, runtime: 1:30<\/a>) last night.<\/p>\n<p><strong>ICYMI:<\/strong> Al stores, malls, cafes, food carts, and restaurants and public gathering places will be shuttered at 9pm every night starting from today until Friday, 21 May. <strong>All conferences, concerts, and public events are canceled for the next two weeks.<\/strong><\/p>\n<p><strong>There\u2019s no restriction on movement after 9pm. <\/strong>Public transport will still be running and there\u2019s no curfew going into effect, Saad told Moussa. Grocery stores and pharmacies will be exempt from the 9pm closing order, and all restaurants or cafes can continue delivery services or provide pick-up past 9pm.<\/p>\n<p><strong>Outdoor concerts are banned \u2014 but weddings are okay, provided there are no more t<\/strong><strong>han 300 <\/strong><strong>people in total<\/strong> on site including guests, waiters, camera crew and the like, Saad noted. Wedding celebrations will need to wrap up by 9pm (<a href=\"https:\/\/www.facebook.com\/watch\/live\/?v=154360113358541&ref=watch_permalink\">watch, runtime: 29:34<\/a>).<\/p>\n<p><strong>The penalties:<\/strong> Restaurants, cafes, shops, and other establishments that violate the restrictions will be shut down for a week, with owners facing an EGP 4k fine and \/ or imprisonment. Repeat offenders will be shut down for two weeks and will face the same fine and possible imprisonment (<a href=\"https:\/\/www.facebook.com\/watch\/?v=320275682939118\">watch, runtime: 1:44<\/a>).<\/p>\n<p><strong>What\u2019s going to happen once the two-week period elapses?<\/strong> That depends on the situation at the time, Saad said. If the two-week clampdown proves effective and citizens take covid-19 more seriously, the restrictions could be lifted, but it\u2019s also entirely possible that the same restrictions will be extended for another two weeks or that new restrictions will be introduced to get infections under control. <strong>\u201cAll options are on the table,\u201d Saad said.<\/strong><\/p>\n<p><strong>The new restrictions are getting coverage in the foreign press<\/strong>, with <a href=\"https:\/\/www.france24.com\/en\/live-news\/20210505-egypt-in-covid-3rd-wave-calls-off-end-of-ramadan-festivities\">France24<\/a> and <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-egypt\/egypt-to-close-stores-restaurants-early-for-2-weeks-to-curb-covid-19-idUSKBN2CM1RM\">Reuters<\/a> taking note.<\/p>\n<p><strong>THE UPSIDE: We\u2019re getting a five-day break for Eid El-Fitr<\/strong>, with the holiday running Wednesday, 12 May to Sunday, 16 May, inclusive, as we <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a7cb40a2-315a-482b-a56e-9a95c6788e1a\">reported in EnterprisePM<\/a> yesterday.<\/p>\n<p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/374424280774857?__cft__[0]=AZWNkMtnOcC-Zr7U_MpVNRH6vwcOFvq6sM9rEA4XaICBSYoFYYApmQIF76UL97vhlg3Zx7CVERdlflWH2uAGJWfHL6Zl0mUxOdxo34SG0iuspzy3ut1CQVjfPH8uivFEy09gFA4OrSh8X7TvhM-cwvlo&__tn__=%2CO%2CP-R\">reported<\/a><\/strong> <strong>1,102 new covid-19 infections yesterday<\/strong>, up from 1,090 the day before. The ministry also reported 64 new deaths, bringing the country\u2019s total death toll to 13,655. Egypt has now disclosed a total of 232,905 confirmed cases of covid-19.<\/p>\n<p><strong>Foreign pilgrims may not be allowed to go on Hajj for a second straight year<\/strong> as Saudi Arabia mulls moving ahead with another \u201cvery limited\u201d pilgrimage amid dramatic increases in new covid-19 cases globally and the emergence of highly-transmissible variants of the virus, <a href=\"https:\/\/www.reuters.com\/world\/india\/saudi-arabia-considers-barring-overseas-haj-pilgrims-second-year-sources-say-2021-05-05\/\">Reuters<\/a> reports, citing unnamed sources in the know. The pilgrimage could be restricted to vaccinated nationals and non-Saudi residents. Local people who have recovered from the virus at least six months prior to attending might also be permitted to attend Hajj, sources said. A final decision is yet to be taken by authorities.<\/p>\n<p><strong>Traditional Eid prayers will be held this year only at \u201cmajor\u201d mosques<\/strong>, Awqaf Minister Mohamed Gomaa said, according to <a href=\"https:\/\/bit.ly\/3eSuTTz\">Youm7<\/a>. Eid prayers at mosques other than those where Friday prayers are being held or at large public spaces are strictly prohibited, Gomaa added.<\/p>\n<p><strong>COVID AROUND THE WORLD-<\/strong><\/p>\n<ul>\n<li><strong>India accounted for c. 46% of the world\u2019s new covid-19 cases and a quarter of <\/strong><strong>global deaths last week <\/strong>as the country\u2019s epidemic spirals out of control, the World Health Organization (WHO) said in its <a href=\"https:\/\/ent.news\/2021\/5\/20210504_Weekly_Epi_Update_38.pdf\">weekly epidemiological update (pdf)<\/a>.<\/li>\n<li><strong>Covid breached a summit of G7 foreign ministers in London:<\/strong> Two Indian delegates tested positive for the virus, forcing the entire delegation to the G7 visiting London this week to self-isolate as a precautionary measure, <a href=\"https:\/\/www.reuters.com\/world\/uk\/covid-scare-g7-meeting-after-indian-delegates-test-positive-sky-2021-05-05\/\">Reuters<\/a> reports.<\/li>\n<li><strong>The US expects to see a sharp decline in covid-19 cases by July <\/strong>thanks in large part to its high vaccination rates, according to data released by the Center for Disease Control and Prevention yesterday in its weekly <a href=\"https:\/\/www.cdc.gov\/mmwr\/volumes\/70\/wr\/mm7019e3.htm?s_cid=mm7019e3_w\">Morbidity and Mortality report<\/a>.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/g7\/\">G7<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hajj\/\">hajj<\/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\/religion\/\">Religion<\/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\/world-health-organization\/\">World Health Organization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562091\" 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=\"562091\">\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\">Fintech<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/yes-yes-we-all-love-digital-payments\/\">\r\n                            Yes, yes, we all love digital payments\u2026                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/yes-yes-we-all-love-digital-payments\/\" 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\/06\/yes-yes-we-all-love-digital-payments\/')\">\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\/06\/yes-yes-we-all-love-digital-payments\/\">\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=Yes, yes, we all love digital payments\u2026&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/yes-yes-we-all-love-digital-payments\/\">\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\/06\/yes-yes-we-all-love-digital-payments\/&title=Yes, yes, we all love digital payments\u2026\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Yes%2C+yes%2C+we+all+love+digital+payments%E2%80%A6+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F06%2Fyes-yes-we-all-love-digital-payments%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\/06\/yes-yes-we-all-love-digital-payments\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/53.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"562092\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/yes-yes-we-all-love-digital-payments\/53-jpg-15\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/53.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"53.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/53.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/53.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562091\" class=\"content-area-description single-story post-562091 post type-post status-publish format-standard has-post-thumbnail hentry category-fintech tag-cryptocurrency tag-enterpriseam tag-fintech tag-mastercard wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>The vast majority of Egyptians are open to using new payment methods<\/strong>, signaling that the pandemic has spurred a major shift in spending habits, according to <a href=\"https:\/\/ent.news\/2021\/5\/Mastercard-New-Payments-Index_Egypt-English.pdf\">a survey (pdf)<\/a> by Mastercard. The poll of 1k Egyptians found that 94% of respondents are considering using new methods of payment such as cryptocurrency, biometrics, digital wallets, money transfers, contactless payments, and QR codes.<\/p>\n<p><strong>Fintech players have covid-19 to thank:<\/strong> Almost two-thirds of respondents said they have tried a new payment method they would not have used had it not been for the pandemic. \u201cThe pandemic has galvanized people to try flexible new payment options,\u201d Mastercard said.<\/p>\n<p><strong>Businesses need to adapt:<\/strong> Over half of consumers would avoid businesses that don\u2019t accept electronic payments, while 68% said they are more likely to stick with businesses that offer different payment options and 73% prefer to shop at places that have both an in-person and online presence. The survey suggests that it is becoming essential for businesses to start offering a broader range of payment options, said Khalid Elgibali, president of Mastercard\u2019s MENA division.<\/p>\n<p><strong>Cryptocurrency to make headway but\u2026<\/strong> Almost 50% of respondents plan to use cryptocurrency in the next year, while 62% are more open to using it compared to a year ago. Policymakers in Egypt <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c9d49a18-4626-4314-950c-4c1ce3851a69\">have come out strongly against<\/a> the use of cryptocurrencies, banning their use without a license in the recent Banking Act.<\/p>\n<p><strong>Digital wallets, money transfers + QR codes becoming more popular: <\/strong>Two-thirds of respondents will use digital wallets next year, 65% would opt for digital money transfer and more than half will use QR codes.<\/p>\n<p><strong>Biometrics are less common, but more trusted: <\/strong> Some 62% of respondents said they feel safer using biometrics to verify a purchase than entering a pin, and 41% plan to use verification methods such as gait and fingerprint authorization.<\/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\/cryptocurrency\/\">cryptocurrency<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fintech\/\">Fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mastercard\/\">Mastercard<\/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=\"562093\" 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=\"562093\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/efgs-leasing-and-factoring-ambitions\/\">\r\n                            EFG\u2019s leasing and factoring ambitions                        <\/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\/06\/efgs-leasing-and-factoring-ambitions\/\" 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\/06\/efgs-leasing-and-factoring-ambitions\/')\">\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\/06\/efgs-leasing-and-factoring-ambitions\/\">\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=EFG\u2019s leasing and factoring ambitions&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/efgs-leasing-and-factoring-ambitions\/\">\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\/06\/efgs-leasing-and-factoring-ambitions\/&title=EFG\u2019s leasing and factoring ambitions\">\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=EFG%E2%80%99s+leasing+and+factoring+ambitions+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F06%2Fefgs-leasing-and-factoring-ambitions%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\/06\/efgs-leasing-and-factoring-ambitions\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562093\" class=\"content-area-description single-story post-562093 post type-post status-publish format-standard hentry category-debt-watch tag-debt-watch tag-efg-hermes tag-enterpriseam tag-factoring tag-leasing 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>EFG Hermes Corp-Solutions plans to grow its leasing and factoring portfolio by EGP 3 bn <\/strong><strong>in 2021<\/strong>, CEO Talal Elayat told Al Mal, according to a report in the newspaper\u2019s print edition this morning. The company signed leasing and factoring agreements worth EGP 1 bn in 1Q2021, bringing its total portfolio to EGP 6.1 bn as of March, Elayat said.<\/p>\n<p><strong>The firm plans to <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c677777d-8336-466e-a0d4-4b6343b426f7\">get in on margin lending<\/a><\/strong> and has been contacting its network of brokerages to get a leg up in the industry as soon as the Financial Regulatory Authority issues further regulations expounding on how NBFS players will be allowed to finance <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/33dbee3e-f89b-4b93-97f2-5b7f32b7fe24\">margin trades.<\/a><\/p>\n<p><strong>What is factoring, you say?<\/strong> Check out our handy <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6604a04a-9370-42f1-a7a3-e3af5dfc0357\">explainer<\/a>.<\/p>\n<p><strong>Want more? <\/strong>We <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b380be47-dace-4f2a-807e-cc3ab3d6ed0d\">sat down with Elayat<\/a> in February to discuss debt market conditions, the state of the NBFS sector, and EFG Hermes Corp-Solutions\u2019 plans for the future.<\/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\/debt-watch\/\">debt watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/efg-hermes\/\">EFG Hermes<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/factoring\/\">factoring<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/leasing\/\">leasing<\/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=\"562094\" 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=\"562094\">\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\">REGULATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/el-shabaka-zeft-pay-up\/\">\r\n                            El shabaka zeft? Pay up.                        <\/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\/06\/el-shabaka-zeft-pay-up\/\" 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\/06\/el-shabaka-zeft-pay-up\/')\">\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\/06\/el-shabaka-zeft-pay-up\/\">\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=El shabaka zeft? Pay up.&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/el-shabaka-zeft-pay-up\/\">\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\/06\/el-shabaka-zeft-pay-up\/&title=El shabaka zeft? Pay up.\">\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=El+shabaka+zeft%3F+Pay+up.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F06%2Fel-shabaka-zeft-pay-up%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\/06\/el-shabaka-zeft-pay-up\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/54.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"562095\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/el-shabaka-zeft-pay-up\/54-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/54.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"54.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/54.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/54.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562094\" class=\"content-area-description single-story post-562094 post type-post status-publish format-standard has-post-thumbnail hentry category-regulation-watch tag-cit tag-enterpriseam tag-etisalat tag-national-telecom-regulatory-authority tag-orange-egypt tag-regulation-watch tag-telecom-egypt tag-vodafone-egypt 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>Telecom operators to face higher fines for poor service quality: <\/strong>The National Telecommunications Regulatory Authority (NTRA) will double fines for telecom companies that offer poor quality of service starting 2H2021, saying the move is designed to protect consumers, the regulator said in a <a href=\"https:\/\/bit.ly\/3h39pWJ\">statement<\/a>.<\/p>\n<p><strong>And more fines:<\/strong> New penalties will be imposed on operators if they take too long resolving user complaints, the regulator said.<\/p>\n<p><strong>Standards aren\u2019t high enough:<\/strong> The NTRA said that mobile network services offered by all four operators performed poorly in some areas of the country during 1Q2021 after conducting tests across the country.<\/p>\n<p><strong>Should TE be worried?<\/strong> Telecom Egypt was found by the regulator to perform the worst in the country, providing poor quality voice and data services in 54 of the 81 cities surveyed. Vodafone Egypt was below quality in 21 cities, Orange in 31 and Etisalat in 37.<\/p>\n<p><strong>How much can the NTRA actually fine companies?<\/strong> Under the 2003 <a href=\"https:\/\/www.tra.gov.eg\/wp-content\/uploads\/2020\/11\/Law-No-10-of-2003.pdf\">Telecom Regulation Act (pdf)<\/a>, companies that violate \u201ctechnical quality controls or the standard measures of performance quality\u201d can face fines between EGP 20k-200k. According to the <a href=\"https:\/\/www.tra.gov.eg\/wp-content\/uploads\/2020\/11\/%D9%84%D8%A7%D8%A6%D8%AD%D8%A9-%D8%A7%D9%84%D8%AC%D8%B2%D8%A7%D8%A1%D8%A7%D8%AA-1.pdf\">2017 executive regulations (pdf)<\/a> companies that fail to comply with the law could see their penalties deducted from their ins. payments, and could see their assets placed under administrative hold. Companies could also be forced to address the violation within a set time period and be barred from marketing their products or services, changing their prices, or otherwise offering promotional offers until they make good on their fines.<\/p>\n<p><strong>Fines haven\u2019t yet worked: <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/11\/vodafone-egypt-fined-for-poor-service\/\">V<\/a><a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/11\/vodafone-egypt-fined-for-poor-service\/\">odafone Egypt<\/a> in 2019 became the first operator to receive a fine, worth EGP 10 mn, for service interruption. At the time the NTRA warned other operators of imposing further fines to maintain the quality of service. Later the same year, WE <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1439449\">was fined EGP 12 mn<\/a> for the same reason.<\/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\/cit\/\">CIT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/etisalat\/\">Etisalat<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-telecom-regulatory-authority\/\">National Telecom Regulatory Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orange-egypt\/\">Orange Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation-watch\/\">regulation watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecom-egypt\/\">Telecom Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vodafone-egypt\/\">Vodafone Egypt<\/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=\"562096\" 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=\"562096\">\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\">Economy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/foreign-reserves-essentially-flat-in-april\/\">\r\n                            Foreign reserves essentially flat in April                        <\/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\/06\/foreign-reserves-essentially-flat-in-april\/\" 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\/06\/foreign-reserves-essentially-flat-in-april\/')\">\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\/06\/foreign-reserves-essentially-flat-in-april\/\">\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=Foreign reserves essentially flat in April&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/foreign-reserves-essentially-flat-in-april\/\">\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\/06\/foreign-reserves-essentially-flat-in-april\/&title=Foreign reserves essentially flat in April\">\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=Foreign+reserves+essentially+flat+in+April+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F06%2Fforeign-reserves-essentially-flat-in-april%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\/06\/foreign-reserves-essentially-flat-in-april\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562096\" class=\"content-area-description single-story post-562096 post type-post status-publish format-standard hentry category-economy tag-central-bank-of-egypt tag-economy tag-enterpriseam tag-foreign-reserves wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt\u2019s F<\/strong><strong>X reserves <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d7eb014a-7dba-4039-a668-758f35c23c21\">held steady at USD 40.3 bn<\/a><\/strong><strong> in April<\/strong>, according to <a href=\"https:\/\/www.cbe.org.eg\/en\/Pages\/HighlightsPages\/NIR-April-2021.aspx\">Central Bank<\/a><a href=\"https:\/\/www.cbe.org.eg\/en\/Pages\/HighlightsPages\/NIR-April-2021.aspx\">of Egypt figures<\/a>. Foreign reserves had risen by USD 140 mn in March after shooting up <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fb024ebc-ab76-40e9-bad8-2981bb92c5c2\">almost USD 800 mn<\/a> in December 2020 to their highest level <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf372f6c-8044-4c64-9054-8c506d63a4a8\">since last April<\/a>, following a drop during the height of the covid-19 pandemic from their February 2020 peak.<\/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\/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\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/foreign-reserves\/\">foreign reserves<\/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=\"562097\" 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=\"562097\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/he-said-she-said-2\/\">\r\n                            He said, she said                        <\/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\/06\/he-said-she-said-2\/\" 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 region was formerly a Sudanese province which the British colonial administration ceded to Ethiopia at the turn of the 20th century.<\/p>\n<p><strong>Ethiopia evidently interpreted this as a threat<\/strong>, calling Sudan\u2019s reference to the region \u201cutterly ridiculous\u201d and accusing it of military aggression in reference to recent <a href=\"https:\/\/www.al-monitor.com\/originals\/2021\/05\/ethiopian-pm-accuses-egypt-sudan-backing-unrest-western-region\">border clashes<\/a> between the two countries.<\/p>\n<p><strong>Sudan is now looking to dial back tensions:<\/strong> A spokesperson for its foreign ministry told <a href=\"https:\/\/bit.ly\/3h6fuSe\">Asharq News<\/a> that the statement was not an attempt to threaten the country but an expression of alarm at the government\u2019s determination to continue filling the dam in a few months\u2019 time. He reiterated Sudan\u2019s frustration at Ethiopia\u2019s \u201cintransigence\u201d during the stalled GERD talks and called on Addis Ababa to abide by international water-sharing agreements.<\/p>\n<p><strong>Sudan appeals to the US: <\/strong>Washington is ready to play \u201can active role\u201d in resolving the GERD impasse and reaching an agreement that satisfies all parties in terms of the dam\u2019s filling and operation, a US delegation to Sudan reportedly told Irrigation Minister Yasser Abbas during talks yesterday, Sudanese state news agency <a href=\"https:\/\/suna-sd.net\/read?id=711442\">SUNA<\/a> reported. During the meeting, Abbas reiterated Sudan\u2019s keenness to continue trilateral talks under the auspices of the African Union and support the AU\u2019s efforts to find an agreement.<\/p>\n<p><strong>And the US is ready to intervene if called upon:<\/strong> The US is serious about facilitating a comprehensive agreement on GERD, US Special Envoy for the Horn of Africa Jeffrey Feltman said in a meeting yesterday with President Abdel Fattah El Sisi in Cairo, according to an official <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/photos\/a.155486328304089\/1145977262588319\/\">statement<\/a>. The US can play a central role in the African Union brokered negotiations said El Sisi, attributing the stalled progress to \u201ca lack of political will\u201d on the part of Ethiopia. Feltman met with the president to kick off <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/00b4d2f8-c2db-4f66-84e0-5105f8ca2a7f\">a 10-day tour<\/a> of the region that will also take him to Ethiopia, Eritrea, and Sudan \u2014 suggesting the GERD impasse will be a top agenda item during his travels.<\/p>\n<p><strong>AU Chairman F\u00e9lix Tshisekedi in town soon? <\/strong>Sudanese Foreign Minister Mariam Al Mahdi said earlier this week that Tshisekedi could be paying Cairo, Khartoum, and Addis Ababa a visit \u201csoon\u201d to push for a resolution.<\/p>\n<p><strong>IN OTHER FOREIGN AFFAIRS NEWS- Egypt wants to collaborate more closely with Mali <\/strong><strong>on infrastructure, pharma and fighting terrorism<\/strong>, El Sisi told Malian Foreign Minister Zeini Moulaye during talks yesterday, according to an <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/1145919859260726\">Ittihadiya statement<\/a>. Foreign Minister Sameh Shoukry also met with Moulaye to discuss cooperation on combatting terrorism and Islamic fundamentalism, the Foreign Ministry said in a <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/5565221980216369\">statement<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/african-union\/\">African Union<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mali\/\">Mali<\/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\/sameh-shoukry\/\">Sameh Shoukry<\/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=\"562099\" 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=\"562099\">\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\">Kudos<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/thursday-kudos-egypt-sends-medical-aid-to-india-dutch-embassy-alexbank-set-up-incubation-programs\/\">\r\n                            THURSDAY KUDOS- Egypt sends medical aid to India + Dutch embassy, Alexbank set up incubation programs                        <\/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\/06\/thursday-kudos-egypt-sends-medical-aid-to-india-dutch-embassy-alexbank-set-up-incubation-programs\/\" 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\/06\/thursday-kudos-egypt-sends-medical-aid-to-india-dutch-embassy-alexbank-set-up-incubation-programs\/')\">\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\/06\/thursday-kudos-egypt-sends-medical-aid-to-india-dutch-embassy-alexbank-set-up-incubation-programs\/\">\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=THURSDAY KUDOS- Egypt sends medical aid to India + Dutch embassy, Alexbank set up incubation programs&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/thursday-kudos-egypt-sends-medical-aid-to-india-dutch-embassy-alexbank-set-up-incubation-programs\/\">\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\/06\/thursday-kudos-egypt-sends-medical-aid-to-india-dutch-embassy-alexbank-set-up-incubation-programs\/&title=THURSDAY KUDOS- Egypt sends medical aid to India + Dutch embassy, Alexbank set up incubation programs\">\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=THURSDAY+KUDOS-+Egypt+sends+medical+aid+to+India+%2B+Dutch+embassy%2C+Alexbank+set+up+incubation+programs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F06%2Fthursday-kudos-egypt-sends-medical-aid-to-india-dutch-embassy-alexbank-set-up-incubation-programs%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\/06\/thursday-kudos-egypt-sends-medical-aid-to-india-dutch-embassy-alexbank-set-up-incubation-programs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562099\" class=\"content-area-description single-story post-562099 post type-post status-publish format-standard hentry category-kudos tag-alexbank tag-covid-19 tag-enterpriseam tag-india tag-kudos wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt sent 30 tonnes of medical aid to India, including 300 oxygen cylinders and <\/strong><strong>100 hospital beds<\/strong>, to help the country contend with a devastating surge in covid-19 cases, according to <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1919657711545918\">a statement<\/a>. India\u2019s health system and cremation services have been overrun with an unprecedented surge in covid cases, with over 357.2k cases being added to the count yesterday bringing the total to over 20.3 mn, reports <a href=\"https:\/\/www.cnbc.com\/2021\/05\/04\/india-covid-crisis-total-reported-cases-cross-20-million.html\">CNBC<\/a>.<\/p>\n<p><strong>The Dutch embassy in Egypt and AlexBank are setting up two business incubation programs<\/strong>, called Orange Corners, to train 15-25 entrepreneurs in Cairo and Assiut, according to <a href=\"https:\/\/www.facebook.com\/nlembassyegypt\/photos\/a.199912883413998\/5437721086299792\/\">a statement<\/a>. While putting a special emphasis on startups focused on agriculture and innovation, at least half of the initiative\u2019s participants will be women entrepreneurs.<\/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\/alexbank\/\">Alexbank<\/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\/india\/\">India<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kudos\/\">KUDOS<\/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=\"562100\" 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=\"562100\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/562100\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562100\" class=\"content-area-description single-story post-562100 post type-post status-publish format-standard hentry category-uncategorized wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/www.sodic.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/Sodic-The-Estate2-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n\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=\"562101\" 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=\"562101\">\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\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/last-nights-talk-shows-on-6-may-2021\/\">\r\n                            Last Night\u2019s Talk Shows on 6 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\/06\/last-nights-talk-shows-on-6-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\/06\/last-nights-talk-shows-on-6-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\/06\/last-nights-talk-shows-on-6-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 6 May 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/last-nights-talk-shows-on-6-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\/06\/last-nights-talk-shows-on-6-may-2021\/&title=Last Night\u2019s Talk Shows on 6 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+6+May+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F06%2Flast-nights-talk-shows-on-6-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\/06\/last-nights-talk-shows-on-6-may-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562101\" class=\"content-area-description single-story post-562101 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>It was covid-19 as far as our eyes could see and our ears could hear on the airwaves last <\/strong><strong>night<\/strong>, especially after Prime Minister Moustafa Madbouly announced yesterday a new set of restrictions to curb the spread of the virus. We have chapter and verse in this morning\u2019s news well, above.<\/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=\"562102\" 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 svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n  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class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/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-apzbx81\" data-v=\"4\" data-block-id=\"apzbx81\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-apzbx81-container stk--no-background stk--no-padding\"><div 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data-block-id=\"c63ex5h\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-c63ex5h-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-c63ex5h-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562103\" 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=\"562103\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/egypt-in-the-news-on-6-may-2021\/\">\r\n                            Egypt in the News on 6 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\/06\/egypt-in-the-news-on-6-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\/06\/egypt-in-the-news-on-6-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\/06\/egypt-in-the-news-on-6-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=Egypt in the News on 6 May 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/egypt-in-the-news-on-6-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\/06\/egypt-in-the-news-on-6-may-2021\/&title=Egypt in the News on 6 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=Egypt+in+the+News+on+6+May+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F06%2Fegypt-in-the-news-on-6-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\/06\/egypt-in-the-news-on-6-may-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562103\" class=\"content-area-description single-story post-562103 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-easter tag-enterpriseam tag-human-rights tag-turkey wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s a quiet morning for Egypt in the foreign press.<\/strong> Among the stories making the rounds are Egypt\u2019s Christian community and activists criticizing the government for not declaring Easter a national holiday (<a href=\"https:\/\/www.al-monitor.com\/originals\/2021\/05\/christians-upset-when-egyptian-government-ignores-easter\">Al Monitor<\/a>) and pundits suggesting that aligning regional interests and US pressure are behind Egypt and Turkey\u2019s move to reduce tensions, but \u201cfull normalization\u201d could take time (<a href=\"https:\/\/www.france24.com\/en\/live-news\/20210505-egypt-and-turkey-draw-closer-as-regional-interests-align\">France24<\/a>).<\/p>\n<p>Meanwhile, <a href=\"https:\/\/www.cbc.ca\/sports\/olympics\/canada-egypt-baseball-1.6013237\">Canada\u2019s CBC<\/a> notes that \u201c<strong>A curriculum developed by Baseball Canada is being used to help teach the game to Egypt<\/strong>'s first youth baseball league.\u201d<\/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\/easter\/\">Easter<\/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\/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=\"562104\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"562105\" 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=\"562105\">\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\">Also on our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/\">\r\n                            Also on our Radar on 6 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 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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 6 May 2021&url=https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-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\/06\/also-on-our-radar-on-6-may-2021\/&title=Also on our Radar on 6 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+6+May+2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2021%2F05%2F06%2Falso-on-our-radar-on-6-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\/06\/also-on-our-radar-on-6-may-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562105\" class=\"content-area-description single-story post-562105 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-education tag-enterpriseam 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>The <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eb1b0f90-8b66-49c2-a2d9-5128a0be09c6\">share transfer process<\/a><\/strong><strong> in First Abu Dhabi Bank\u2019s (FAB) <\/strong><strong>acquisition of Bank Audi\u2019s Egypt unit has been completed<\/strong>, sell-side advisor EFG Hermes said in a <a href=\"https:\/\/ent.news\/2021\/5\/EFG-NR-Bank-Audi-Acquisition-English.pdf\">statement (pdf)<\/a>. The transaction gives FAB 100% ownership of Bank Audi\u2019s assets in Egypt \u2014 worth EGP 85.6 bn \u2014 with both banks expected to merge their assets and operations and become fully integrated by 2022.<\/p>\n<p><strong>Non-essential exams for non Edadiya \/ Thanaweya Amma students will be<\/strong> <strong>administered from home<\/strong>, the Education Ministry said in <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1922627851248904\">a statement<\/a>. This applies to subjects that won\u2019t count toward the final grades of students attending grades 4-8 and 10-11 and currently wrapping up the academic year.<\/p>\n<p><strong>Egypt is displaying a real royal ancient Egyptian mummy and a number of replicas<\/strong><strong> at Dubai\u2019s 2020 Expo<\/strong>, Egypt\u2019s Commissioner General at the Expo 2020 Ahmed Maghawry Diab told Russian news agency <a href=\"https:\/\/tass.com\/society\/1286697\">TASS<\/a>. The real mummy could be one of the 22 that were transported to the new National Museum of Egyptian Civilization in the \u201cGolden Parade\u201d <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2e349cd2-3163-4b60-9b34-84d25eed7ff7\">last month<\/a>. The expo \u2014 which will be the first to be held in the Middle East \u2014 had been postponed due to covid-19 and will take place in October 2021.<\/p>\n<p><strong>ALSO: <\/strong><strong>Aluminum producers<\/strong> and industry figures are calling on the<strong> Trade Ministry <\/strong>to <a href=\"https:\/\/alborsaanews.com\/2021\/05\/05\/1439586\">review<\/a>the decision to impose tariffs on aluminum imports, saying the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cbfec2c2-64ef-49fc-a8b2-6904ca4e0ddd\">duties<\/a> are negatively impacting Egyptian producers.<\/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\/education\/\">Education<\/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=\"562106\" 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=\"562106\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/what-the-markets-are-doing-on-6-may-2021\/\">\r\n                            What the markets are doing on 6 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\/06\/what-the-markets-are-doing-on-6-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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The soaring costs, which come as governments launch green stimulus packages and look to meet the goals of the Paris climate agreement, could ironically slow down the energy transition, Birol says. <strong>Investors need to begin developing new mines now to keep up with an anticipated jump in demand for these raw materials<\/strong>, particularly as a mining project takes some 16 years on average \u201cto go from discovery to first production.\u201d<\/p><p><strong>And speaking of commodities and inflation:<\/strong> Consumer-facing firms are struggling to keep pace with the increasing consumer demand and limited stockpiles, with <a href=\"https:\/\/www.foodnavigator-usa.com\/Article\/2021\/04\/23\/Nestle-warns-of-prices-increases-against-excessive-growth-expectations-after-best-quarter-in-decade\">Nestl\u00e9<\/a> and <a href=\"https:\/\/www.marketwatch.com\/story\/colgate-palmolive-sales-beat-supported-by-price-increases-of-double-the-inflation-rate-2021-04-30\">Colgate-Palmolive<\/a> already flagging price hikes as manufacturers in Europe and the US grapple with soaring commodity prices, IHS Markit\u2019s John Mothersole tells <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-04\/inflation-risk-intensifies-with-supply-shortages-multiplying?sref=mmeFTDW1\">Bloomberg<\/a>. The jump in commodity prices, coupled with tight inventories of materials and logistical bottlenecks, indicates an acceleration in inflation \u2014 however transient it may be. Some economists and central bankers assume the price gains will be transitory, as covid-19 concerns and unemployment will eventually curb inflation.<\/p><p><strong>Saudi Arabia has cut oil prices for Asia as a covid-19 surge in India weighs on <\/strong><strong>demand<\/strong>, reducing prices for the region between USD 0.10 and 0.30 \/ bbl, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-05\/saudi-arabia-cuts-oil-pricing-for-asia-as-india-battles-virus?sref=mmeFTDW1\">Bloomberg<\/a> reports.<\/p><p><strong>Inbound cross-border M&amp;A in Europe worth more than USD 600 mn could soon be<\/strong><strong> contingent on prior approval from the European Commission<\/strong> under a new <a href=\"https:\/\/ec.europa.eu\/info\/strategy\/priorities-2019-2024\/europe-fit-digital-age\/european-industrial-strategy\/foreign-subsidies-distorting-internal-market_en\">proposal<\/a> that seeks to clamp down on acquisitions of European companies by firms receiving subsidies from foreign governments, <a href=\"https:\/\/www.cnbc.com\/2021\/05\/05\/eu-announces-new-powers-to-restrict-takeover-bids-by-foreign-entities.html\">CNBC<\/a> reports. Under the proposed rules, foreign companies looking to purchase European businesses would also be required to disclose the amount of funding they\u2019ve received before moving forward with a transaction. The proposal comes after years of state-backed Chinese M&amp;A activity in Europe \u2014 including the 2016 Tencent acquisition of Supercell \u2014 that has seen it snap up major tech companies in the trade bloc.<\/p><div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table table-striped markets-table\">\n<tbody>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>10,513<\/p>\n<\/td>\n<td>\n<p>+0.5% (YTD: -3.1%)<\/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 15.62<\/p>\n<\/td>\n<td>\n<p>Sell 15.72<\/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 15.62<\/p>\n<\/td>\n<td>\n<p>Sell 15.72<\/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>10,252<\/p>\n<\/td>\n<td>\n<p>-0.7% (YTD: +18.0%)<\/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>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>6,116<\/p>\n<\/td>\n<td>\n<ul>\n<li> (YTD: +21.2%)<\/li>\n<\/ul>\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>2,650<\/p>\n<\/td>\n<td>\n<p>+0.2% (YTD: +6.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>4,168<\/p>\n<\/td>\n<td>\n<p>+0.1% (YTD: +11.0%)<\/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>7,039<\/p>\n<\/td>\n<td>\n<p>+1.7% (YTD: +9.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 68.91<\/p>\n<\/td>\n<td>\n<p>-0.1%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.95<\/p>\n<\/td>\n<td>\n<p>+0.3%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,786.20<\/p>\n<\/td>\n<td>\n<p>+0.1%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 56,894.34<\/p>\n<\/td>\n<td>\n<p>+4.0%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><p><strong>The EGX30 rose 0.5% yesterday<\/strong> on turnover of EGP 896 mn (29.1% below the 90-day average). Foreign investors were net buyers. The index is down 3.1% YTD.<\/p><p><strong>In the green: <\/strong>Pioneers (+3.3%), Orascom Development (+2.5%) and Oriental Weavers (+1.9%).<\/p><p><strong>In the red: <\/strong>GB Auto (-2.4%), Credit Agricole (-1.6%) and Edita (-1.3%).<\/p><p><strong>It\u2019s largely clear skies for global markets this morning<\/strong>, with Asian indices uniformly in the green and futures suggesting shares in Europe, Wall Street and Bay Street are about to follow suit.<\/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\/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\/cryptocurrency\/\">cryptocurrency<\/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\/india\/\">India<\/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\/international-energy-agency\/\">International Energy Agency<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/janet-yellen\/\">Janet Yellen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nestle\/\">Nestl\u00e9<\/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\/pmi\/\">PMI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"562107\" 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=\"562107\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/around-the-world-on-6-may-2021\/\">\r\n                            Around the World on 6 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\/06\/around-the-world-on-6-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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If the former finance minister succeeds, Netanyahu could be removed as Israeli PM. The mandate to form a new government follows the inconclusive results of an election in March, Israel\u2019s fourth in the past two years.<\/p>\n<p><strong>Also worth knowing this morning: G7 nations rebuked China for its human rights<\/strong><strong> abuses<\/strong>, its tensions with Taiwan, and other issues in a final <a href=\"https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/983631\/G7-foreign-and-development-ministers-meeting-communique-london-5-may-2021.pdf\">statement<\/a> following their meeting in London.<\/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\/around-the-world\/\">Around the World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/benjamin-netanyahu\/\">Benjamin Netanyahu<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/g7\/\">G7<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/taiwan\/\">Taiwan<\/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=\"562108\" 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=\"562108\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/mostafa-abdel-aziz-managing-partner-and-co-founder-of-act-financial\/\">\r\n                            Mostafa Abdel Aziz, managing partner and co-founder of Act Financial                        <\/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\/06\/mostafa-abdel-aziz-managing-partner-and-co-founder-of-act-financial\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Speaking to us this week is Mostafa Abdel Aziz, managing partner and co-founder of Act Financial (<a href=\"https:\/\/eg.linkedin.com\/in\/mostafa-abdelaziz-9644ba72\">LinkedIn<\/a>).<\/p>\n<p><strong>I\u2019m Mostafa Abdel Aziz, and I\u2019m one of the managing partners and co-founders of Act Financial.<\/strong> I was previously CEO of Beltone Brokerage and I've been working in capital markets for the past 18 years or so. There are three separate aspects to my role at Act: manager, partner and co-founder. As a co-founder there's a sense of belonging and passion for something you created; where you\u2019ve helped to choose the name, the logo, the vision and mission for the company. The management side of things encompasses everything I do in my day to day job as an active executive. Being a partner in the company creates a sense of ownership that has been unique to my involvement with Act.<\/p>\n<p><strong>We established Act back in 2014 and have been active in the market for the past 6-7 years.<\/strong> We marked our first investment with the joint acquisition of Beltone Financial with Orascom (Orascom Telecom Media and Technology at the time) back in 2015 where we agreed to managing the subsidiary full-time for a four-year period. Afterwards, we went back to positioning Act Financial as an investment company and decided we would remain at the holding level.<\/p>\n<p><strong>We believe in an active role for investors in unlocking value.<\/strong> We\u2019re not an asset manager \u2014 we actually invest our own money in target companies and invite co-investors to create strategic consortiums. Our primary interest is in enhancing a company\u2019s shareholder structure, its vision and its direction. Although we don\u2019t have specific criteria \u2014 in terms of sector allocations \u2014 guiding our investments, capital markets have been especially interesting to us recently. Given that the market in Egypt is underperforming global equities and even the domestic private equity market, the pandemic has given us a great chance to take good companies at a significant discount for no reason other than market inefficiency.<\/p>\n<p><strong>The pandemic taught us to appreciate liquidity.<\/strong> Our assessment of companies and analysis of sectors has adjusted to appreciate liquidity and transaction structure over value. The pandemic has proven that things can dramatically change and get out of control pretty fast. A better liquidity position allows you to better adjust and restructure yourself according to those shocks, which is why we\u2019re more appreciative of capital markets and stocks over private equity at this stage.<\/p>\n<p><strong>We already ran a very headcount-cautious and efficient investment setup so the pandemic didn\u2019t really change our operations. <\/strong>We never actually applied a strict WFH model, especially since we have separate offices where we can maintain enough social distancing. I generally don\u2019t really like the idea of WFH at all. It changes a very fundamental portion of the work environment. Getting out of the house and brainstorming with the rest of the team is what really helps get me in the zone. I used to work on a trading floor most of my life, where instant communication was crucial. In our industry it's very important for people to communicate and interact face to face, especially with partners.<\/p>\n<p><strong>Although I\u2019m not really a morning person, I wake up at 6:30 am and make it into the office no later than 8:30 am.<\/strong> I start my day by reading Enterprise from bed and grab a coffee on my way to the office. From 8:30-10 am I interact with all the investment banks and continue consuming a lot of news. I\u2019m extremely connected to the stock market, which is one of those habits you really never kick, even if you don't need to be. All that information helps me form my opinions. We scan prices when the market opens before meeting with senior staff to discuss the news and investment updates, but I always have one eye on the stock market screen at any given time. The rest of the day is usually spent brainstorming ideas for existing investments or discussing the planned pipeline of investments and typically ends at 4 or 5 pm. We all live pretty close by so we often have evening meetings or partner gatherings to continue brainstorming.<\/p>\n<p><strong>I make sure to spend time with my 11-year-old son every day<\/strong>. We either go for a walk or just sit and chat. He\u2019s not 11 by my standards. When I was his age I was a kid, but he\u2019s practically a man now \u2014 it\u2019s like he\u2019s my friend. Before the pandemic, I used to have a very packed calendar: Each month had at least one trip, but now I have a bit more time.<\/p>\n<p><strong>The secret to personal success throughout my life has been brainstorming.<\/strong> It's what creates everything. Talking and discussing with your close colleagues and the people outside your comfort zone is what gives light to new ideas and thinking outside of the box. It's crucial to our identity and DNA as Act.<\/p>\n<p><strong>I\u2019ve been writing in my down time over the past year and I\u2019m almost done with a novel called Euphoria.<\/strong> It's a new hobby I've picked up since the pandemic started which I try to make some time for every day. It sort of happened by coincidence. I had some ideas in my head for a story and realized that there isn't much stock market literature in Egypt so I started writing this story about the stock market and how it affects your psychology. It goes into the different psychological make up of investors and how that affects their investment decisions. I really enjoyed the experience, it was completely out of my comfort zone.<\/p>\n<p><strong>I've been writing way more than I've been reading these days<\/strong> but I guess I would recommend checking out my book when it comes out. I watch some episodes of <a href=\"https:\/\/www.imdb.com\/title\/tt1632701\/\">Suits<\/a> and <a href=\"https:\/\/www.imdb.com\/title\/tt0460649\/\">How I Met Your Mother<\/a> before I sleep, just to wind down. Suits is a nice workplace series which gives you an idea of corporate intelligence, and How I Met You Mother is just light.<\/p>\n<p><strong>Staying positive is really important for getting through a crisis as a team<\/strong>. I think the stock market teaches you that losses are a very normal part of life. You see it so often that it neutralizes negative feelings and can help you keep a positive outlook. I've seen many crises in my career and a lot of them turned out to be great chances to change or add something new to my life. Maintaining a positive attitude is key in the world of investment.<\/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\/act-financial\/\">Act Financial<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/my-morning-routine\/\">MY MORNING ROUTINE<\/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=\"562110\" 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\/06\/your-essential-business-calendar-on-6-may-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-562110\" class=\"content-area-description single-story post-562110 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>12-16 May (Wednesday-Sunday): Eid El Fitr.<\/p>\n<p>16-19 May (Sunday-Wednesday): The Arabian Travel Market (ATM) takes place in Dubai.<\/p>\n<p>26 May (Wednesday): Final day for Africa-based startups to apply for the French government-sponsored <a href=\"https:\/\/ent.news\/2021\/5\/LAUNCH-OF-THE-FIFTH-EDITION-OF-THE-AFD-DIGITAL-CHALLENGE.docx.pdf\">AFD Digital Challenge (pdf)<\/a>.<\/p>\n<p>27-29 May (Thursday-Saturday): Informa Markets\u2019 <a href=\"https:\/\/www.nextmoveegypt.com\/en\/Forms\/Book-A-Stand.html\">Nextmove<\/a> real estate exhibition, Cairo International Convention Center, Nasr City.<\/p>\n<p>30 May (Sunday): Al Mal GTM is organizing the fifth edition of the <a href=\"https:\/\/bit.ly\/3h8CpfX\">Portfolio Egypt<\/a> conference under the theme \u2018Growth under the weight of the pandemic\u2019.<\/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>17-20 August (Tuesday-Friday): The World Economic Forum annual meeting, Singapore.<\/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":562087,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-562086","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"bfd74da2-a7a1-425d-a6e9-c9b0d0e70130","teaser":"","photo_url":"https:\/\/ent.news\/2021\/5\/50.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>New covid restrictions coming into effect, but at least we\u2019ll get a five-day Eid - 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\/new-covid-restrictions-coming-into-effect-but-at-least-well-get-a-five-day-eid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New covid restrictions coming into effect, but at least we\u2019ll get a five-day Eid\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/new-covid-restrictions-coming-into-effect-but-at-least-well-get-a-five-day-eid\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T03:34:25+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\/50.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\/new-covid-restrictions-coming-into-effect-but-at-least-well-get-a-five-day-eid\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/new-covid-restrictions-coming-into-effect-but-at-least-well-get-a-five-day-eid\/\",\"name\":\"New covid restrictions coming into effect, but at least we\u2019ll get a five-day Eid - 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