{"id":567042,"date":"2020-01-12T04:14:48","date_gmt":"2020-01-12T04:14:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=567042"},"modified":"2025-12-16T05:41:41","modified_gmt":"2025-12-16T05:41:41","slug":"inflation-accelerates-but-its-still-in-single-digits-as-mpc-confirms-thursday-interest-rate-meeting","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/inflation-accelerates-but-its-still-in-single-digits-as-mpc-confirms-thursday-interest-rate-meeting\/","title":{"rendered":"Inflation accelerates, but it\u2019s still in single digits as MPC confirms Thursday interest rate meeting"},"content":{"rendered":"<section id=\"567044\" 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=\"567044\">\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\/2020\/01\/12\/what-were-tracking-on-12-january-2020\/\">\r\n                            What we\u2019re tracking on 12 January 2020                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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status-publish format-standard hentry category-what-were-tracking-today tag-abdel-fattah-el-sisi tag-china tag-diplomacy tag-donald-trump tag-electricity tag-energy tag-enterpriseam tag-ethiopia tag-eu tag-gerd tag-iran tag-iraq tag-middle-east tag-oman tag-politics tag-sudan tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>It was a quiet weekend on the home front, with the new agenda being driven by a mix of <\/strong><strong>\u2018regional\u2019 developments and diplomatic issues. <\/strong>We expect business news to pick up this week with the effective end of the winter holiday season, but look for foreign affairs to continue to enjoy an outsized position on the country\u2019s news agenda this week.<\/p><p><strong>Speaking of the end of winter holidays: You may want to leave a few minutes early for <\/strong><strong>work this morning. <\/strong>Most private and international schools are back in session as of this morning, so expect a but more gridlock than last week.<\/p><p><strong>Also worth noting: The EGP gained against the USD on Thursday<\/strong>, rising to EGP 15.93 after having fallen to EGP 16 on Wednesday, <a href=\"https:\/\/www.cbe.org.eg\/ar\/EconomicResearch\/Statistics\/Pages\/ExchangeRatesListing.aspx\">according to CBE figures<\/a>. USD inflows into government debt instruments on Wednesday and Thursday were the key driver of the rally, <a href=\"https:\/\/hapijournal.com\/2020\/01\/09\/%D8%B9%D8%A7%D8%AC%D9%84-%D9%85%D8%B3%D8%A6%D9%88%D9%84-%D8%A8%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%84%D8%AD%D8%A7%D8%A8%D9%8A-%D8%AA%D8%AF%D9%81%D9%82%D8%A7%D8%AA-%D9%83%D8%A8%D9%8A%D8%B1\/\">Hapi Journal<\/a> and <a href=\"https:\/\/bit.ly\/36K8rXj\">Al Ma<\/a><a href=\"https:\/\/bit.ly\/36K8rXj\">l<\/a> cite an unnamed Central Bank of Egypt source as saying. Foreign holdings of Egyptian treasuries stood at USD 15.5 bn as of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/36f817d7-2783-419f-b48f-e09f9cceac86\">the end of November<\/a>.<\/p><p><strong>Now, topping the regional news agenda:<\/strong><\/p><p><strong>Oman has sworn in a new leader following the death of <\/strong><strong><a href=\"https:\/\/twitter.com\/OmanNewsAgency\/status\/1215786597746139136\">Sultan Qaboos at age 79<\/a><\/strong><strong>.<\/strong> The Arab world\u2019s longest-serving ruler, who came to power almost half a century ago, died on Friday. An obituary in <a href=\"https:\/\/www.nytimes.com\/2020\/01\/10\/world\/middleeast\/sultan-qaboos-who-built-oman-into-a-prosperous-oasis-of-peacemaking-dies-at-79.html?searchResultPosition=2\">the New York Times<\/a> calls him a \u201ctowering figure at home\u201d who \u201ctransformed his \u2026 kingdom from an isolated enclave into a developed nation,\u201d and an \u201cessential diplomatic player\u201d abroad who managed to bridge the region\u2019s sectarianism and act as a peace broker between foes. Qaboos, who died without a direct heir, has been succeeded by his cousin and former culture minister Haitham bin Tariq Al Said, who <a href=\"https:\/\/omannews.gov.om\/Arabic_NewsDescription\/ArtMID\/437\/ArticleID\/6407\">was sworn in yesterday<\/a>.<\/p><p><strong>President Abdel Fattah El Sisi <\/strong><strong><a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/788749261644456\">extended his condolences<\/a><\/strong> and announced three days of mourning in Egypt in <a href=\"https:\/\/twitter.com\/alsisiofficial?lang=en\">a statement on social media<\/a>.<\/p><p><strong>Meanwhile, Iranian officials admitted this weekend to accidentally shooting down a passenger aircraft last<\/strong> <strong>Wednesday,<\/strong> hours after its armed forces launched attacks on US military bases in Iraq. Iranian President Hassan Rouhani <a href=\"https:\/\/twitter.com\/HassanRouhani\/status\/1215856679423823872\">wrote on social media<\/a> that the government \u201cdeeply regrets this disastrous mistake\u201d while Foreign Minister Javad Zarif <a href=\"https:\/\/twitter.com\/jzarif\/status\/1215847283381755914?s=21\">blamed<\/a> \u201chuman error at a time of crisis.\u201d The government had previously denied that the crash, which resulted in the deaths of all 176 people on board, had been caused by a missile. The vast majority of those on board were Canadian or heading to Canada for school. The story dominates headlines worldwide this morning. See: <a href=\"https:\/\/www.reuters.com\/article\/us-iran-crash\/iran-says-its-military-shot-down-ukrainian-plane-in-disastrous-mistake-idUSKCN1ZA04Y\">Reuters<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/iran-says-it-is-willing-to-share-jets-black-boxes-denies-hostile-act-11578653983?mod=hp_lead_pos1\">Wall Street Journal<\/a> | <a href=\"https:\/\/apnews.com\/21f4a92a2dfbc38581719664bdf6f38e\">AP<\/a> | <a href=\"https:\/\/www.nytimes.com\/2020\/01\/10\/world\/middleeast\/missile-iran-plane-crash.html\">New York Times<\/a> | <a href=\"https:\/\/www.theguardian.com\/world\/2020\/jan\/11\/iran-admits-shooting-down-ukrainian-airliner-unintentionally\">Guardian<\/a> | <a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-51073621\">BBC<\/a> | <a href=\"https:\/\/edition.cnn.com\/2020\/01\/10\/middleeast\/iran-plane-crash-intl-hnk\/index.html\">CNN<\/a>.<\/p><p><a id=\"tldr-story-08\" class=\"content-anchor\"><\/a><strong> Next round of GERD talks in Washington tomorrow: <\/strong>Foreign Minister Sameh Shoukry <a href=\"https:\/\/bit.ly\/2R7n3td\">arrives in Washington this morning<\/a> ahead of what are being billed as the final round of US-mediated talks between Egypt, Sudan, and Ethiopia over the Grand Ethiopian Renaissance Dam. The sides agreed last year to resolve the dispute by 15 January, but talks remain at an impasse, with the first three rounds having failed to produce a breakthrough. We have the latest in this morning\u2019s Speed Round below.<\/p><hr class=\"grey-line\"><p><strong>Libya is also going to be prominent in the headlines this week: <\/strong>Shoukry left for DC straight from Algeria, where he met with his counterpart Sabri Boukadoum about the developing situation in Libya, <a href=\"https:\/\/bit.ly\/35LEFQS\">the Foreign Ministry said in a statement<\/a>. Egypt-backed military commander Khalifa Hafar and his rivals at the Government of National Accord announced overnight a temporary ceasefire in the country\u2019s west, including Tripoli, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N29G0RU\">Reuters<\/a> reports.<\/p><p><strong>That comes ahead of a <\/strong><strong><a href=\"https:\/\/www.consilium.europa.eu\/en\/press\/press-releases\/2020\/01\/11\/weekly-schedule-of-president-charles-michel\/\">visit to Cairo today<\/a><\/strong><strong> by European Council President Charles <\/strong><strong>Michel<\/strong>, who is set to meet with El Sisi. Given Michel\u2019s <a href=\"https:\/\/www.consilium.europa.eu\/en\/press\/press-releases\/2020\/01\/11\/press-release-following-he-meeting-between-president-charles-michel-and-president-erdogan-of-turkey\/\">meeting with Turkish President Recep Erdogan yesterday<\/a>, we\u2019ll hazard a guess that Libya will be the prime focus. We have more on Libya in this morning\u2019s Speed Round, below.<\/p><hr class=\"grey-line\"><p><strong>The next steps in our bid to become the premier regional energy hub:<\/strong> Egypt and Sudan will launch the first phase of the electricity interconnection project today, which will see the two countries exchange 50 MW, <a href=\"https:\/\/www.masrawy.com\/news\/news_egypt\/details\/2020\/1\/11\/1704126\/%D8%BA%D8%AF-%D8%A7-%D8%A8%D8%AF%D8%A1-%D8%A7%D9%84%D9%85%D8%B1%D8%AD%D9%84%D8%A9-%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89-%D9%84%D9%84%D8%B1%D8%A8%D8%B7-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%8A-%D8%A8%D9%8A%D9%86-%D9%85%D8%B5%D8%B1-%D9%88%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86-%D8%A8%D9%82%D8%AF%D8%B1%D8%A9-50#sectionListing\">according to Masrawy.<\/a> The capacity will be increased to 150 MW in the second phase, which is expected to be ready within a year. The project <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/05\/regional-projects-to-increase-national-grid-capacity-by-25-gw-in-2018-says-shaker\/\">has been in the works for several years<\/a>, but was <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/17\/egypt-sudan-electricity-connection-to-go-live-at-the-end-of-2019\/\">delayed by the political upheaval<\/a> in Sudan last year and complications arising from the dispute over the Grand Ethiopian Renaissance Dam.<\/p><p><strong>A similar agreement with Saudi Arabia is <\/strong><strong><a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/10\/egypt-and-saudi-arabia-to-sign-electricity-interconnection-project-by-may-2020-8165\/\">due to be signed by May<\/a><\/strong> and will see the two countries exchange power by 2022, while <a href=\"https:\/\/www.euroafrica-interconnector.com\/at-glance\/project-timeline\/\">the USD 4 bn EuroAfrica project<\/a> will connect the electricity grids of Egypt, Cyprus, and Greece by December 2021.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/IIF-EM-Jan2020-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>Are emerging markets falling into \u2018secular stagnation\u2019? <\/strong>Growth in emerging markets outside of China and India has failed to outperform developed markets since 2013 due to weak investment, putting them at risk of \u201csecular stagnation,\u201d the Institute of International Finance has said. \u2018Secular stagnation\u2019 \u2014 econospeak for protracted periods of low economic growth \u2014 has \u201cimportant implications for markets, because the underlying value proposition of EM is predicated on higher growth, which in turn should translate into higher returns on foreign investment\u201d, the Washington-based organization said.<\/p><p><strong>US companies in bond-selling binge:<\/strong> Companies sold over USD 69 bn in low-interest high-grade bonds last week, making it the second-highest weekly issuance volume in history, according to BofA Securities, <a href=\"https:\/\/www.cnbc.com\/2020\/01\/10\/companies-issue-high-grade-debt-at-second-fastest-pace-ever-this-week.html\">CNBC reports<\/a>. <strong>The trend isn\u2019t set to continue though:<\/strong> the investment bank is projecting a net fall in issuance over the course of the year due to a drop-off in M&amp;A activity and de-leveraging among large companies.<\/p><p><strong>Is telecom operator Orange looking at an IPO of its regional assets? <\/strong>The company has consolidated its operations in the Middle East and Africa into a single entity, which it is considering IPOing to finance overseas expansions, <a href=\"https:\/\/uk.reuters.com\/article\/uk-orange-ipo\/frances-orange-moves-closer-to-ipo-of-mideast-africa-operations-idUKKBN1Z81G1\">Reuters reports<\/a>. Paris and London are potential homes for the listing, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-01-07\/orange-said-to-pick-bnp-morgan-stanley-to-advise-on-africa-ipo-k545w7j6?sref=mmeFTDW1\">Bloomberg<\/a> suggests. The stake sale, for which Orange has tapped BNP Paribas and Morgan Stanley as advisors, could go to market as early as 1H2020.<\/p><p class=\"web-image stand-out-borderless\"><a href=\"http:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/Marina-Web.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>Fallout from Soleimani killing continues:<\/strong> The US has taken to threats in response to Iraq\u2019s demands for troop withdrawal, warning yesterday that it would close the Iraqi central bank\u2019s account at the Federal Reserve Bank of New York if it evicts the US military, <a href=\"https:\/\/www.wsj.com\/articles\/u-s-warns-iraq-it-risks-losing-access-to-key-bank-account-if-troops-told-to-leave-11578759629?mod=hp_lead_pos2\">the Wall Street Journal reports<\/a>. The warning, which Iraqi officials said was conveyed directly to acting Prime Minister Adel Abdul Mahdi, would cut off the government\u2019s access to important revenues and squeeze liquidity in the country\u2019s financial system. Iraq\u2019s parliament <a href=\"https:\/\/www.reuters.com\/article\/us-iraq-security-parliament\/iraq-parliament-to-convene-amid-calls-to-expel-us-troops-idUSKBN1Z407Z\">last week voted<\/a> to remove all foreign troops from its territory after the US assassinated Iranian General Qassem Soleimani and a senior Iraqi paramilitary leader at Baghdad Airport.<\/p><p><strong>US embassy in Egypt issues warning:<\/strong> The US embassy in Egypt <a href=\"https:\/\/eg.usembassy.gov\/security-alert-u-s-embassy-cairo-january-8-2020\/\">has warned<\/a> of increased security risks to US citizens abroad amid \u201cheightened tension\u201d in the region.<\/p><p><strong>US bull market unfazed by #WW3:<\/strong> The S&amp;P 500, Nasdaq and Dow Jones all shrugged off the geopolitical angst, closing near their all-time high at the end of last week, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-01-10\/america-s-greatest-bull-market-powers-through-the-mideast-storm?srnd=premium-middle-east&amp;sref=mmeFTDW1\">Bloomberg reports<\/a>.<\/p><hr class=\"grey-line\"><p>Other international news to note in brief:<\/p><ul>\n<li><strong>More progress on US, China trade:<\/strong> The US and China will hold biannual meetings to handle disputes arising from the <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/15\/us-china-announce-preliminary-trade-agreement-8443\/\">phase one trade agreement<\/a>, which is set to be signed on 15 January. (<a href=\"https:\/\/www.wsj.com\/articles\/washington-beijing-agree-to-new-dialogue-to-pursue-reforms-address-disputes-11578745800?mod=breakingnews\">Wall Street Journal<\/a>)<\/li>\n<li><strong>Trump considers expanding travel ban:<\/strong> The Trump administration could propose to double the number of countries listed on its travel ban to 14 as it looks to make immigration a cornerstone of its 2020 election campaign. (<a href=\"https:\/\/apnews.com\/753968e412fab06e6fb8180e7ac98d47\">AP<\/a>)<\/li>\n<\/ul><p class=\"web-image\"><a href=\"enterprise.press\/podcast\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/Making-It-Album-Cover-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>Our podcast on building a great business in Egypt will return from its hiatus on Saturday. Want to catch up on season one in the <\/strong><strong>meantime?<\/strong> Previous guests on Making It have included:<\/p><ul>\n<li><a href=\"https:\/\/enterprise.press\/podcast#83584\">Jalal Abugazaleh<\/a>, founder of Gourmet Egypt<\/li>\n<li><a href=\"https:\/\/enterprise.press\/podcast#83584\">Karim El Sahy and Abeer El Sisi<\/a> from high-profile AI startup Elves<\/li>\n<li><a href=\"https:\/\/enterprise.press\/podcast#84182\">Karim Awad<\/a>, group CEO of EFG Hermes<\/li>\n<li><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/one-ring-to-rule-them-all-how-azza-fahmy-brand-became\/id1487974619?i=1000459387625\">Fatma Ghali<\/a>, Managing Director of Azza Fahmy<\/li>\n<li><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/meet-sarwa-capital-20-year-old-startup-quietly-building\/id1487974619?i=1000460046071\">Hazem Moussa<\/a>, co-founder and CEO of Sarwa Capital<\/li>\n<\/ul><p><strong>The episodes are available on<\/strong> <a href=\"https:\/\/enterprise.press\/podcast\/\">our website<\/a> | <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/making-it\/id1487974619\">Apple Podcast<\/a> | <a href=\"https:\/\/podcasts.google.com\/?feed=aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2L2U3ZjE1ZWYwLWMwOWYtNDFiNi1iZDM4LWFiMDUwMGMwNDVlZi82OTc0ODFkMi04OGRmLTRlYjMtYmY3Mi1hYjA1MDBjMjllOWYvcG9kY2FzdC5yc3M%3D\">Google Podcast<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/china\/\">China<\/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\/donald-trump\/\">Donald Trump<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/electricity\/\">electricity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/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\/eu\/\">EU<\/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\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/middle-east\/\">Middle East<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n  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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 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href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize 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-ehgsur1\" data-v=\"4\" data-block-id=\"ehgsur1\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-ehgsur1-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-ehgsur1-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\/240924.png?ssl=1\">\r\n                <div 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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-2g3ntqo\" data-v=\"4\" data-block-id=\"2g3ntqo\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-2g3ntqo-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-2g3ntqo-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\" 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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=\"567046\" 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=\"567046\">\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\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/last-nights-talk-shows-on-11-january\/\">\r\n                            Last night's talk shows on 11 January                        <\/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\/2020\/01\/12\/last-nights-talk-shows-on-11-january\/\" 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\/2020\/01\/12\/last-nights-talk-shows-on-11-january\/')\">\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\/2020\/01\/12\/last-nights-talk-shows-on-11-january\/\">\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's talk shows on 11 January&url=https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/last-nights-talk-shows-on-11-january\/\">\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\/2020\/01\/12\/last-nights-talk-shows-on-11-january\/&title=Last night's talk shows on 11 January\">\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%27s+talk+shows+on+11+January+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F01%2F12%2Flast-nights-talk-shows-on-11-january%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\/2020\/01\/12\/last-nights-talk-shows-on-11-january\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-567046\" class=\"content-area-description single-story post-567046 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-amr-adib tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-ethiopia tag-libya tag-sisi tag-vladimir-putin tag-water wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Business and econ news was once again relegated to footnote status on the airwaves<\/strong> <strong>last night,<\/strong> as regional politics continues to dominate the start to the new year.<\/p>\n<p><strong>The state of talks over the <\/strong><strong>Grand Ethiopian Renaissance Dam took center stage on the talk shows last night.<\/strong> Al Hayah Al Youm\u2019s Lobna Assal and Hossam Hadad repeated a statement from the Foreign Ministry accusing the Ethiopian government for making inaccurate statements and telling us that it\u2019s all their fault that talks are still at an impasse. Hadad spoke to former assistant foreign minister for African affairs Mona Omar who said that no common ground has been reached and that Ethiopia will keep stalling and bringing negotiations to a standstill. (<a href=\"https:\/\/www.youtube.com\/watch?v=boT8_jP_vAc\">watch, runtime: 12:17)<\/a>. El Hekaya\u2019s Amr Adib unsurprisingly heaped praise on the Egyptian negotiating team and delved into the technicalities of how much water Egypt is seeking <a href=\"https:\/\/www.youtube.com\/watch?v=kuIpc06ejDI\">(watch, runtime: 7:27)<\/a>.<\/p>\n<p><strong>The death of Sultan Qaboos got considerable airtime: <\/strong>Lobna Assal mentioned President Abdel Fattah El Sisi\u2019s announcement of three days of mourning to mark the death of Omani Sultan Qaboos <a href=\"https:\/\/www.youtube.com\/watch?v=7n6eJ3GbLbY\">(watch, runtime: 4:51)<\/a>. Others also took note, including Amr Adib <a href=\"https:\/\/www.youtube.com\/watch?v=7n6eJ3GbLbY\">(watch, runtime: 6:47)<\/a>, Masaa DMC\u2019s Eman El Hosary <a href=\"https:\/\/www.youtube.com\/watch?v=ysD47JaXX7w\">(watch, runtime: 5:05)<\/a>, and Min Masr\u2019s Amr Khalil <a href=\"https:\/\/www.youtube.com\/watch?v=mWsjDnB9nBY\">(watch, runtime: 0:48)<\/a>.<\/p>\n<p><strong>Impetus builds for Libyan political solution:<\/strong> Min Masr\u2019s Amr Khalil noted the joint press conference held yesterday between Russian President Vladimir Putin and German Chancellor Angela Merkel to discuss the situation in Libya and the upcoming Berlin meetings <a href=\"https:\/\/www.youtube.com\/watch?v=fLoTKFPAREk\">(watch, runtime: 3:23)<\/a>. El Hekaya\u2019s Amr Adib also covered the developments <a href=\"https:\/\/www.youtube.com\/watch?v=TVLmIdYnAo4\">(watch, runtime: 3:54)<\/a>.<\/p>\n<p><strong>We\u2019ll soon be using plastic money:<\/strong> Masaa DMC\u2019s Eman El Hosary phoned economist Mohsen Adel to discuss a decision by the Central Bank of Egypt to start issuing polymer banknotes this year. Adel said that the CBE will phase in the new material starting with the EGP 10 note, which will help the government crack down on counterfeit currency <a href=\"https:\/\/www.youtube.com\/watch?v=gRksdU-6uWg\">(watch, runtime: 4:58)<\/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\/amr-adib\/\">Amr Adib<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/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\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sisi\/\">Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vladimir-putin\/\">Vladimir Putin<\/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=\"567047\" 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=\"567047\">\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\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/egypt-inflation-nearly-doubles-to-7-1-in-december\/\">\r\n                            Egypt inflation nearly doubles to 7.1% in December                        <\/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\/2020\/01\/12\/egypt-inflation-nearly-doubles-to-7-1-in-december\/\" 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 increase is in line with expectations on the end of a favorable base effect that resulted in a six-month disinflation spell between May-October 2019. Overall inflation, which takes into account price changes in both rural and urban areas, stood at 6.8%. <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-economy-inflation\/egypts-annual-headline-inflation-rises-to-7-1-in-december-idUSKBN1Z81YI\">Reuters also took note of the story<\/a>.<\/p>\n<p><strong>Month-on-month headline inflation came at -0.2%<\/strong>, falling for the second month in a row, led by a 6.8% decrease in the prices of sugar products and 6.3% in edible oil prices.<\/p>\n<p><strong>Core inflation rises slightly:<\/strong> Annual core inflation increased by 30 bps to 2.4% in December, while on a monthly basis it came at 0.2%, compared to -0.1% in November, according to the CPI release. Core inflation strips out volatile items such as food and fuel.<\/p>\n<p><strong>Still room for a rate cut? <\/strong>December\u2019s figures increase the chances that the CBE will keep rates unchanged when its Monetary Policy Committee meets on Thursday. But given that the meeting was postponed from 26 December, prospects for more rate cuts remain, Mohamed Abu Basha, head of macroeconomic analysis at EFG Hermes, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-01-09\/room-for-more-egypt-rate-cuts-even-as-inflation-accelerates?sref=mmeFTDW1\">was quoted by Bloomberg as saying<\/a>.<\/p>\n<p><strong>Inflation is still within the CBE\u2019s 9% +\/-3% target range,<\/strong> and \u201cthere\u2019s easily room for a 150 bps cut,\u201d Naeem Brokerage\u2019s Allen Sandeep says, adding that the slowdown in food inflation, which accounts for one third of the basket, \u201cconfirms the state\u2019s success in containing inflation.\u201d The CBE made its <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/17\/central-bank-of-egypt-cuts-interest-rates-by-100-bps-6356\/\">third consecutive rate cut last month<\/a> in an easing cycle that has seen rates cut by 350 bps since August, and 450 bps over the course of the year. <strong>Seven of 10 economists <\/strong><strong><a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/22\/enterprise-poll-central-bank-of-egypt-to-keep-rates-on-hold-in-final-meeting-of-2019-8827\/\">we polled<\/a><\/strong><strong> in December <\/strong>expected rates to be left on hold.<\/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\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/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=\"567067\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"567068\" 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=\"567068\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/egypt-in-the-news-for-12-january-2020\/\">\r\n                            Egypt in the news for 12 January 2020                        <\/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\/2020\/01\/12\/egypt-in-the-news-for-12-january-2020\/\" 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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Eliyahu Hanavi is one of several synagogues remaining in Alexandria. The story was widely noted over the weekend: <a href=\"https:\/\/www.skynews.com.au\/details\/_6121605994001\">Sky News<\/a> | <a href=\"https:\/\/www.macaubusiness.com\/restored-synagogue-heralds-new-chapter-for-egypts-jews\/\">AFP<\/a> | <a href=\"http:\/\/www.xinhuanet.com\/english\/2020-01\/11\/c_138695047.htm\">Xinhua<\/a> | <a href=\"https:\/\/www.haaretz.com\/hblocked?returnTo=https%3A%2F%2Fwww.haaretz.com%2Fmiddle-east-news%2Fegypt%2FMAGAZINE-egyptian-restores-historic-synagogue-but-few-jews-remain-1.8380249\">Haaretz<\/a>.<\/p>\n<p><strong>Is Egypt in for a bargain on Israeli gas? <\/strong>Gas from Israel\u2019s Leviathan natural gas field will be sold to Egypt and Jordan at a price lower than what the Israel Electric Corporation is currently paying, writes Eran Azran in <a href=\"https:\/\/www.haaretz.com\/israel-news\/business\/.premium-israel-gas-leviathan-egypt-jordan-tshuva-delek-noble-energy-1.8375531\">a piece for Haaretz<\/a>, questioning the status of the field as a national project for the Israelis. Egypt is due <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/23\/egypt-to-receive-its-first-shipment-of-israeli-gas-in-mid-january-8920\/\">this month<\/a> to start receiving Israeli gas under the <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/03\/israel-to-boost-gas-supply-to-egypt-by-34-after-changes-to-landmark-agreement\/\">landmark agreement<\/a> signed by Alaa Arafa\u2019s Dolphinus with Texas-based Noble Energy and Israel\u2019s Delek Drilling.<\/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\/egypt-in-the-news\/\">Egypt in the News<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"567070\" 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=\"567070\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/gems-egypt-to-expand-into-textbook-making-training-as-part-of-five-year-plan\/\">\r\n                            GEMS Egypt to expand into textbook making, training as part of five-year plan                        <\/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\/2020\/01\/12\/gems-egypt-to-expand-into-textbook-making-training-as-part-of-five-year-plan\/\" 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\/2020\/01\/12\/gems-egypt-to-expand-into-textbook-making-training-as-part-of-five-year-plan\/')\">\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\/2020\/01\/12\/gems-egypt-to-expand-into-textbook-making-training-as-part-of-five-year-plan\/\">\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=GEMS Egypt to expand into textbook making, training as part of five-year plan&url=https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/gems-egypt-to-expand-into-textbook-making-training-as-part-of-five-year-plan\/\">\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\/2020\/01\/12\/gems-egypt-to-expand-into-textbook-making-training-as-part-of-five-year-plan\/&title=GEMS Egypt to expand into textbook making, training as part of five-year plan\">\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=GEMS+Egypt+to+expand+into+textbook+making%2C+training+as+part+of+five-year+plan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F01%2F12%2Fgems-egypt-to-expand-into-textbook-making-training-as-part-of-five-year-plan%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\/2020\/01\/12\/gems-egypt-to-expand-into-textbook-making-training-as-part-of-five-year-plan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-567070\" class=\"content-area-description single-story post-567070 post type-post status-publish format-standard hentry category-health-education tag-education tag-efg-hermes tag-enterpriseam tag-gems tag-health-education tag-investment-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>GEMS Egypt for Education Services plans to start producing textbooks and provide training to teachers as part of a five-year expansion plan, <a href=\"http:\/\/bit.ly\/2QMy8kN\">reports Al Mal<\/a>. GEMS Egypt was <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/24\/efg-hermes-egypt-education-fund-is-oversubscribed-at-first-close\/\">established in 2018<\/a> as a joint fund between EFG Hermes\u2019 Egypt Education Fund and UAE-based Gems Education. It is focused on K-12 education in Egypt and currently owns four private schools, all located to the east of Cairo. Its investments in Egypt\u2019s education sector are expected to reach USD 300 mn by 2023.<\/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\/education\/\">Education<\/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\/gems\/\">GEMS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"567075\" 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=\"567075\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/arab-african-bank-grants-egp-200-mn-in-credit-facilities-to-premium-intl\/\">\r\n                            Arab African Bank grants EGP 200 mn in credit facilities to Premium Int\u2019l                        <\/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\/2020\/01\/12\/arab-african-bank-grants-egp-200-mn-in-credit-facilities-to-premium-intl\/\" 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\/2020\/01\/12\/arab-african-bank-grants-egp-200-mn-in-credit-facilities-to-premium-intl\/')\">\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\/2020\/01\/12\/arab-african-bank-grants-egp-200-mn-in-credit-facilities-to-premium-intl\/\">\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=Arab African Bank grants EGP 200 mn in credit facilities to Premium Int\u2019l&url=https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/arab-african-bank-grants-egp-200-mn-in-credit-facilities-to-premium-intl\/\">\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\/2020\/01\/12\/arab-african-bank-grants-egp-200-mn-in-credit-facilities-to-premium-intl\/&title=Arab African Bank grants EGP 200 mn in credit facilities to Premium Int\u2019l\">\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=Arab+African+Bank+grants+EGP+200+mn+in+credit+facilities+to+Premium+Int%E2%80%99l+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F01%2F12%2Farab-african-bank-grants-egp-200-mn-in-credit-facilities-to-premium-intl%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\/2020\/01\/12\/arab-african-bank-grants-egp-200-mn-in-credit-facilities-to-premium-intl\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-567075\" class=\"content-area-description single-story post-567075 post type-post status-publish format-standard hentry category-banking-finance tag-arab-african-international-bank tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Arab African Bank granted credit facilities worth EGP 200 mn to <a href=\"https:\/\/premiumcard.net\/\">Premium<\/a><a href=\"https:\/\/premiumcard.net\/\">International for Credit Services<\/a> to develop the company\u2019s consumer finance portfolio, <a href=\"http:\/\/bit.ly\/2QKgsGn\">according to Al Mal<\/a>. The bank acted as co-underwriter in Premium\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/30\/raya-signs-off-on-issuing-securitized-bonds-worth-egp-500-mn\/\">EGP 167 mn securitized bond issuance<\/a> last October.<\/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\/arab-african-international-bank\/\">Arab African International Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"567076\" 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=\"567076\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/spinneys-egypt-to-open-new-branch-in-nasr-city-in-april\/\">\r\n                            Spinneys Egypt to open new branch in Nasr City 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\/2020\/01\/12\/spinneys-egypt-to-open-new-branch-in-nasr-city-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\/2020\/01\/12\/spinneys-egypt-to-open-new-branch-in-nasr-city-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\/2020\/01\/12\/spinneys-egypt-to-open-new-branch-in-nasr-city-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=Spinneys Egypt to open new branch in Nasr City in April&url=https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/spinneys-egypt-to-open-new-branch-in-nasr-city-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\/2020\/01\/12\/spinneys-egypt-to-open-new-branch-in-nasr-city-in-april\/&title=Spinneys Egypt to open new branch in Nasr City 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=Spinneys+Egypt+to+open+new+branch+in+Nasr+City+in+April+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F01%2F12%2Fspinneys-egypt-to-open-new-branch-in-nasr-city-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\/2020\/01\/12\/spinneys-egypt-to-open-new-branch-in-nasr-city-in-april\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-567076\" class=\"content-area-description single-story post-567076 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-investment-watch tag-other-business-news-of-note tag-retail wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Spinneys will open a new branch in Nasr City\u2019s Mercato Mall in April at an investment cost of EGP 40 mn, <a href=\"https:\/\/alborsaanews.com\/2020\/01\/10\/1283764\">according to a local press report<\/a>. The opening is part of a plan to inaugurate six new branches this year, bringing the total number of the supermarket chain\u2019s branches to 20 across eight governorates, according to the newspaper. The next opening is due later this month in Sadat City. Spinneys <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/26\/spinneys-to-invest-egp-250-mn-in-doubling-number-of-branches-to-24-by-2019\/\">said back in 2017<\/a> it planned to bring its total number of branches to 25 by 2019.<\/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\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/retail\/\">retail<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"567077\" 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=\"567077\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/eldib-co-partner-wints-inta-service-award\/\">\r\n                            Eldib &#038; Co partner wints INTA service award                        <\/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\/2020\/01\/12\/eldib-co-partner-wints-inta-service-award\/\" 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\/2020\/01\/12\/eldib-co-partner-wints-inta-service-award\/')\">\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\/2020\/01\/12\/eldib-co-partner-wints-inta-service-award\/\">\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=Eldib &#038; Co partner wints INTA service award&url=https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/eldib-co-partner-wints-inta-service-award\/\">\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\/2020\/01\/12\/eldib-co-partner-wints-inta-service-award\/&title=Eldib &#038; Co partner wints INTA service award\">\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=Eldib+%26%23038%3B+Co+partner+wints+INTA+service+award+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F01%2F12%2Feldib-co-partner-wints-inta-service-award%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\/2020\/01\/12\/eldib-co-partner-wints-inta-service-award\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-567077\" class=\"content-area-description single-story post-567077 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam tag-intellectual-property tag-law wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>KUDOS- Eldib & Co. Partner Mohamed Eldib was awarded the International Trademark <\/strong><strong>Association (INTA)\u2019s 2019 service award<\/strong> for his work with the organization, according to an emailed statement. The accolade is given to INTA members who \u201c[demonstrate] their combined passion for trademark and related intellectual property law and their commitment to INTA through exceptional efforts.\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\/intellectual-property\/\">intellectual property<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"567079\" 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=\"567079\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/the-market-yesterday-3\/\">\r\n                            The Market Yesterday                        <\/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\/2020\/01\/12\/the-market-yesterday-3\/\" 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\/2020\/01\/12\/the-market-yesterday-3\/')\">\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\/2020\/01\/12\/the-market-yesterday-3\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The Market Yesterday&url=https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/the-market-yesterday-3\/\">\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\/2020\/01\/12\/the-market-yesterday-3\/&title=The Market Yesterday\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+Market+Yesterday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F01%2F12%2Fthe-market-yesterday-3%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\/2020\/01\/12\/the-market-yesterday-3\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-567079\" class=\"content-area-description single-story post-567079 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><p><strong>EGP \/ USD CBE market average: <\/strong>Buy 15.93 | Sell 16.03<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.93 | Sell 16.03<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.95 | Sell 16.05<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 13,730 (+1.4%)<br \/>\n <strong>Turnover:<\/strong> EGP 747 mn (10% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -1.7%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session up 1.4%. CIB, the index\u2019s heaviest constituent, ended up 0.8%. EGX30\u2019s top performing constituents were Egyptian Iron & Steel up 6.6%, Egyptian Resorts up 5.5%, and Madinet Nasr Housing up 4.8%. Thursday\u2019s worst performing stock was Cleopatra Hospital down 0.3%. The market turnover was EGP 747 mn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net short | EGP -71.1 mn<br \/>\n <strong>Regional<\/strong>: Net short | EGP -74.8 mn<br \/>\n <strong>Domestic<\/strong>: Net long | EGP +146.0 mn<\/p>\n<p><strong>Retail<\/strong>: 41.5% of total trades | 39.3% of buyers | 43.7% of sellers<br \/>\n <strong>Institutions<\/strong>: 58.5% of total trades | 60.7% of buyers | 56.3% of sellers<\/p>\n<hr class=\"grey-line\">\n<p><span style=\"color: #299a0b; font-weight: bold;\">***<br \/>\nPHAROS VIEW<\/span><\/p>\n<\/p>\n<p><strong>Inflation uptick rules out rate cut:<\/strong> Inflation in December was higher than anticipated, rising to 6.8% y-o-y for total Egypt (urban and rural), bringing the overall average for 2019 to 8.8%, which is slightly lower than a projected 9.0%. With the uptick in inflation rates, Pharos expects the Central Bank of Egypt\u2019s Monetary Policy Committee to keep rates on hold when it meets this week \u201cin order to assess the impact of the previous rate cuts, and in light of geopolitical unrest in the region.\u201d Pharos expects a \u201cless aggressive\u201d easing cycle to resume throughout the rest of the year, with a total of 200-300 bps in rate cuts delivered throughout 2020.<a href=\"https:\/\/ent.news\/2020\/1\/Egypt-Inflation-Monitor-December-inflation-picks-up-remains-within-target.pdf\">Tap or click here for the full report (pdf).<\/a><\/p>\n<p><p><span style=\"color: #299a0b; font-weight: bold;\">***<\/span><\/p>\n<hr class=\"grey-line\">\n<p><strong>WTI:<\/strong> USD 59.04 (-0.9%)<br \/>\n <strong>Brent:<\/strong> USD 64.98 (-0.6%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.20 MMBtu, (+1.7%, February 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,560.10 \/ troy ounce (+0.4%)<\/p>\n<p><strong>TASI:<\/strong> 8,345 (+2.7%) (YTD: -0.5%)<br \/>\n <strong>ADX:<\/strong> 5,075 (+1.1%) (YTD: +0.0%)<br \/>\n <strong>DFM:<\/strong> 2,749 (+1.3%) (YTD: -0.6%)<br \/>\n <strong>KSE Premier Market:<\/strong> 6,929 (+1.9%)<br \/>\n <strong>QE:<\/strong> 10,444 (+1.0%) (YTD: +0.2%)<br \/>\n <strong>MSM:<\/strong> 3,977 (+0.8%) (YTD: -0.1%)<br \/>\n <strong>BB: <\/strong>1,597 (+0.8%) (YTD: -0.8%)<\/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\/the-market-yesterday\/\">The Market Yesterday<\/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=\"567080\" 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\/2020\/01\/12\/567080\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-567080\" class=\"content-area-description single-story post-567080 post type-post status-publish format-standard hentry category-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>January: 1,000 artifacts to be displayed when <a href=\"https:\/\/www.egypttoday.com\/Article\/4\/79118\/Hurghada-Museum-to-be-inaugurated-on-Jan-2020\">Hurghada Museum opens.<\/a><\/p>\n<p>January: <a href=\"https:\/\/punchng.com\/uk-africa-investment-summit-holds-in-jan-2020-foreign-secretary\/\">UK-Africa Investment summit<\/a>, London, United Kingdom.<\/p>\n<p>9-12 January (Thursday-Sunday): <a href=\"http:\/\/www.plastex-online.com\/\">PLASTEX<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>13 January (Monday): Egypt, Sudan, and Ethiopia move to Washington, DC, for a fourth (and final?) round of negotiations on GERD.<\/p>\n<p>15 January (Wednesday): The Grievance Committee of the Financial Regulatory Authority will <a href=\"https:\/\/almalnews.com\/%D8%AA%D8%A3%D8%AC%D9%8A%D9%84-%D9%86%D8%B8%D8%B1-%D8%AA%D8%B8%D9%84%D9%85%D8%A7%D8%AA-%D8%A3%D8%B2%D9%85%D8%A9-%D8%B9%D8%B1%D8%B6-%D8%B4%D8%B1%D8%A7%D8%A1-%D8%A3%D8%B3%D9%87%D9%85-%D8%A3%D9%85%D8%B1\/\">look into minority shareholder&#39;s complaints<\/a> over Adeptio AD Investments&#39; mandatory tender offer (MTO) for Americana Egypt.<\/p>\n<p>16 January (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>25 January (Saturday): 25 January revolution anniversary \/ Police Day, national holiday.<\/p>\n<p>25 January (Saturday): Midterm break for public schools and universities. Also known as: Two weeks of good commute.<\/p>\n<p>27-29 January (Monday-Wednesday): African Private Equity and Venture Capital Association\u2019s <a href=\"https:\/\/www.avca-africa.org\/events-training\/training-events\/avca-north-africa-fund-manager-masterclass\/?utm_source=mailchimp&utm_medium=email&utm_term=events&utm_content=banner&utm_campaign=avcamonthlyjan20&utm_source=AVCA+Mailing+List&utm_campaign=f67e9df1ca-CAIRO2020&utm_medium=email&utm_term=0_807f5f8d47-f67e9df1ca-65560985&ct=t(CAIRO2020)\">North African Fund Manager Masterclass<\/a>, Sheraton Cairo Hotel, Galaa Square, Cairo. <\/p>\n<p>February: An Italian business delegation <a href=\"https:\/\/almalnews.com\/%d9%88%d9%81%d8%af-%d8%a5%d9%8a%d8%b7%d8%a7%d9%84%d9%8a-%d9%8a%d8%b2%d9%88%d8%b1-%d9%85%d8%b5%d8%b1-%d9%81%d8%a8%d8%b1%d8%a7%d9%8a%d8%b1-%d8%a7%d9%84%d9%85%d9%82%d8%a8%d9%84-%d9%84%d9%84%d8%aa%d8%b9\/\">will visit Egypt<\/a> to discuss investments in the Port Said industrial zone.<\/p>\n<p>February: A delegation of Swiss businesses <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%85%D8%B5%D8%B1-%D9%88%D8%B3%D9%88%D9%8A%D8%B3%D8%B1%D8%A7-%D8%AA%D8%AA%D9%81%D9%82%D8%A7%D9%86-%D8%B9%D9%84%D9%89-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%AD%D8%AA%D9%89-2024.aspx\">will visit Egypt<\/a> to discuss investment.<\/p>\n<p>February: Higher Education Minister Khaled Abdel-Ghaffar <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=19112019&id=2b9e9b1c-45ad-4af5-82a9-f8650319c562\">will visit<\/a> Minsk, Belarus.<\/p>\n<p>1 February (Saturday): The administrative court <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%84%d9%82%d8%b6%d8%a7%d8%a1-%d8%a7%d9%84%d8%a5%d8%af%d8%a7%d8%b1%d9%89-%d9%8a%d8%a4%d8%ac%d9%84-%d9%82%d8%b6%d9%8a%d8%a9-%d8%a3%d8%af%d9%8a%d8%a8%d9%8a%d8%aa%d9%88-%d8%a3%d9%85%d8%b1\/\">will look into<\/a> an appeal by Adeptio AD Investments against a Financial Regulatory Authority to submit a mandatory tender offer (MTO) for Americana Egypt.<\/p>\n<p>3-5 February: <a href=\"https:\/\/www.facebook.com\/aaif2020\">The Arab-African International Forum<\/a>, Jeddah, Saudi Arabia<\/p>\n<p>4 February (Tuesday): Court hearing for PTT Energy Resources\u2019 <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/06\/thailands-ptt-energy-resources-files-usd-1-bn-lawsuit-against-govt-over-emg\/\">USD 1 bn lawsuit against Egyptian government<\/a><\/p>\n<p>8 February (Saturday): Midterm break ends. Traffic in Cairo stinks once more.<\/p>\n<p>9-10 February (Sunday-Monday): The the 33rd ordinary African Union (AU) Summit where Egypt will <a href=\"https:\/\/aawsat.com\/english\/home\/article\/2058256\/egypt-hand-african-union-presidency-south-africa-february\">hand over<\/a> the African Union presidency to South Africa<\/p>\n<p>11-13 February (Tuesday-Thursday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23 February (Sunday): Court session for Arabia Investments Holdings\u2019 <a href=\"https:\/\/almalnews.com\/%d8%aa%d8%a3%d8%ac%d9%8a%d9%84-%d8%af%d8%b9%d9%88%d9%89-%d8%a7%d9%84%d8%b9%d8%b1%d8%a8%d9%8a%d8%a9-%d9%84%d9%84%d8%a7%d8%b3%d8%aa%d8%ab%d9%85%d8%a7%d8%b1%d8%a7%d8%aa-%d8%b6%d8%af-%d8%a8%d9%8a%d8%ac-6\/\">lawsuit against Peugeot<\/a>. It was previously postponed to 24 November 2019 and then to 5 January 2020, and now 23 February.<\/p>\n<p>March: <a href=\"http:\/\/www.menafatf.org\/about\">The Middle East and North Africa Financial Action Task Force<\/a> (MENAFATF) <a href=\"https:\/\/almalnews.com\/%d9%85%d8%ac%d9%85%d9%88%d8%b9%d8%a9-%d8%a7%d9%84%d8%b9%d9%85%d9%84-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a-%d8%aa%d8%b2%d9%88%d8%b1-%d9%85%d8%b5%d8%b1-%d9%85%d8%a7%d8%b1%d8%b3-%d8%a7%d9%84%d9%85%d9%82\/\">will visit<\/a> Egypt to assess the progress of actions taken to combat money laundering and terrorist sponsoring activities.<\/p>\n<p>1 March: <a href=\"https:\/\/www.youm7.com\/story\/2019\/11\/28\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%BA%D8%B1%D9%81%D8%A9-%D8%A7%D9%84%D8%A5%D8%B3%D9%83%D9%86%D8%AF%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%A4%D8%AA%D9%85%D8%B1%D8%A7-%D8%AF%D9%88%D9%84%D9%8A%D8%A7-%D8%B9%D9%86-%D8%A7%D9%84%D9%84%D9%88%D8%AC%D8%B3%D8%AA%D9%8A%D8%A7%D8%AA\/4516709\">A conference<\/a> on \u201clogistics and its impact on the movement of goods and industry,\u201d venue TBD, Alexandria.<\/p>\n<p>4-5 March (Wednesday-Thursday): <a href=\"https:\/\/ent.news\/2019\/10\/Press-Release-26th-Annual-Women-Economic-Forum-March-2020-Cairo-Egypt.pdf\">Women Economic Forum<\/a>, Cairo.<\/p>\n<p>25-26 March (Wednesday-Thursday): <a href=\"http:\/\/www.megaprojectsconf.com\/\">Mega Projects Conference<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>12 April (Sunday): Easter Sunday<\/p>\n<p>20 April (Monday): Sham El Nessim, national holiday.<\/p>\n<p>23 April (Thursday): First day of Ramadan (TBC).<\/p>\n<p>23-26 May (Saturday-Tuesday): Eid El Fitr (TBC).<\/p>\n<p>25 April (Saturday): Sinai Liberation Day, national holiday.<\/p>\n<p>5-7 May (Tuesday-Thursday): <a href=\"https:\/\/www.afsic.net\/\">AFSIC - Investing in Africa<\/a>, London, United Kingdom.<\/p>\n<p>17-20 June (Wednesday-Saturday): <a href=\"https:\/\/www.automech-formula.com\/en\/home.html\">2019 Automech Formula car expo<\/a>, Egypt International Exhibition Center, Cairo.<\/p>\n<p>30 June (Sunday): June 2013 protests anniversary, national holiday.<\/p>\n<p>November: Egypt <a href=\"http:\/\/gate.ahram.org.eg\/News\/2284801.aspx\">will host simultaneously<\/a> the International Capital Market Association\u2019s emerging market, and Africa and Middle East meetings.<\/p>\n<p>30 July-3 August (Thursday-Monday): Eid El Adha (TBC), national holiday.<\/p>\n<p>20 August (Wednesday-Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>6 October (Tuesday): Armed Forces Day, national holiday.<\/p>\n<p>29 October (Thursday): Prophet Mohamed\u2019s birthday (TBC), national holiday.<\/p>\n<p>25 December (Friday): Western Christmas<\/p>\n<p>1 January 2021 (Friday): New Year\u2019s Day, national holiday<\/p>\n<p>7 January 2021 (Thursday): Coptic Christmas, national holiday.<\/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":567043,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-567042","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"3300b460-d2a8-4aa3-be48-468c08c52909","teaser":"","photo_url":"https:\/\/ent.news\/2020\/1\/52.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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