{"id":568779,"date":"2020-02-04T04:30:28","date_gmt":"2020-02-04T04:30:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=568779"},"modified":"2025-12-16T06:32:28","modified_gmt":"2025-12-16T06:32:28","slug":"egypt-takes-its-first-step-towards-privatizing-some-military-owned-companies","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-takes-its-first-step-towards-privatizing-some-military-owned-companies\/","title":{"rendered":"Egypt takes its first step towards privatizing some military-owned companies"},"content":{"rendered":"<section id=\"568781\" 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=\"568781\">\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\/02\/04\/what-were-tracking-on-4-february-2020\/\">\r\n                            What we\u2019re tracking on 4 February 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\/02\/04\/what-were-tracking-on-4-february-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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Meanwhile, the Central Bank of Egypt will release today its foreign reserves figure as of the end of January.<\/p>\n<p><strong>Egypt, Sudan, Ethiopia are in the home stretch of GERD agreement as technical talks get underway:<\/strong> A two-day meeting of technical and legal experts kicked off in Washington yesterday to continue talks on a draft agreement that would regulate the filling and operations of the Grand Ethiopian Renaissance Dam, <a href=\"http:\/\/bit.ly\/2UlrUuf\">a source tells Masrawy<\/a>. The Egyptian, Sudanese, and Ethiopian foreign and water ministers \u2014 who <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e3e1b02a-ace4-4ef7-b2cb-0c4e702e300a\">agreed<\/a> last Friday on key issues following four days of meetings in DC \u2014 mandated teams from their ministries to prepare a final contract covering those sticking points.<\/p>\n<p><strong>The ministers will meet again in Washington on 12 and 13 February<\/strong> to review the final agreement with an eye on signing it by the end of the month. The agreement is expected to outline mechanisms for cooperation and dispute resolution, <a href=\"http:\/\/bit.ly\/36RadoJ\">a Foreign Ministry statement<\/a> out on Friday said.<\/p>\n<p><strong>Closer to home, the first round of public consultations on the Local Administration Act <\/strong><strong>begin tomorrow<\/strong>, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1467970\">Al Masry Al Youm reports<\/a>, and will run for a 20-day period. The House of Representatives\u2019 discussion of the act, which aims to decentralize local councils and organize district elections, was postponed in a plenary session <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/23\/egypts-parliament-postpones-discussion-of-local-administration-act-8921\/\">in December<\/a> after the Support Egypt coalition rejected the draft as it stood. It\u2019s still unclear what the sticking points were.<\/p>\n<p><strong>District elections to slip to next year? <\/strong>President Abdel Fattah El Sisi said last <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/15\/el-sisi-addresses-accusations-of-military-government-corruption-at-egypts-national-youth-conference\/\">September<\/a> that local elections would be held in 2019 or early 2020, but that assumed the legislation would be passed in December. That deadline could now slip to 2021 given <strong>voters are heading to the polls late this year in elections for the House of Representatives <\/strong>and the newly reconstituted Senate.<\/p>\n<p><strong>News triggers<\/strong> to keep your eye on over the coming weeks:<\/p>\n<ul>\n<li><strong>Inflation figures will be published<\/strong> next Monday, 10 February;<\/li>\n<li><strong>The <\/strong><strong><a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a><\/strong> runs 11-13 February;<\/li>\n<li><strong>The CBE will meet on Thursday, 20 February<\/strong> to discuss interest rates.<\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p><strong>The death toll from the Wuhan coronavirus has <\/strong><strong><a href=\"https:\/\/www.cnbc.com\/2020\/02\/04\/coronavirus-latest-updates-china-hubei.html\">now broken 425<\/a><\/strong> and the Financial Times is openly musing that it has <a href=\"https:\/\/www.ft.com\/content\/9393cb52-4435-11ea-a43a-c4b328d9061c\">\u201cput globalization in reverse\u201d<\/a> as worry about a pandemic spreads.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>The coronavirus outbreak will cut global GDP growth by 0.1-0.3%<\/strong>, depending on when the rate of infections peaks, <a href=\"https:\/\/www.ft.com\/content\/eb6a7d40-4691-11ea-aee2-9ddbdc86190d\">the Financial Times says<\/a>, citing Goldman Sachs forecasts. A big part of the damage will come in the first quarter, with the bank estimating 2% to be \u201cshaved off global growth at an annualised rate\u201d due to a direct hit to China\u2019s economy.\u201d There will be \u201csome lost output,\u201d and recovery in subsequent quarters won\u2019t necessarily make up for it, Goldman chief Asia economist, Andrew Tilton says.<\/p>\n<p><strong>China\u2019s <\/strong><strong><a href=\"https:\/\/www.ft.com\/content\/14867176-461e-11ea-aeb3-955839e06441\">stocks saw their worst day<\/a><\/strong><strong> since August 2015 yesterday<\/strong> as markets reopened after the Lunar New Year holiday, falling 9.1% before recouping some of the losses to close down 7.9%. The market performance comes despite the Chinese central bank injecting RMB 1.2 tn (USD 171 bn) into the financial system to contain the effect of the outbreak, its largest one-day open market operation since 2004.<\/p>\n<p><strong>China accused t US has been fanning the flames of worry over the outbreak<\/strong>, <a href=\"http:\/\/www.china-embassy.org\/eng\/fyrth\/t1738551.htm\">China\u2019s<\/a><a href=\"http:\/\/www.china-embassy.org\/eng\/fyrth\/t1738551.htm\">foreign ministry claimed<\/a>, pointing to Washington\u2019s move to impose travel restrictions on China despite this not being a recommended move from the World Health Organization.<\/p>\n<p><strong>OPEC and its allies are discussing major oil production cuts by Saudi Arabia in response <\/strong><strong>to the coronavirus<\/strong>, which has resulted in a sharp fall in crude prices amid lower demand from China, the world\u2019s largest oil consumer, the <a href=\"https:\/\/www.wsj.com\/articles\/saudis-mull-drastic-oil-cuts-in-response-to-coronavirus-11580728630?mod=hp_lead_pos1\">Wall Street Journal reports<\/a>. <strong>Oil prices rose on the news<\/strong>, but Brent still remains at around USD 56\/bbl.<\/p>\n<p><strong>Egyptian expats who were evacuated from Wuhan have landed in Matrouh<\/strong>, where they will be under quarantine for 14 days, Aviation Minister Mohamed Manar said, <a href=\"https:\/\/www.masrawy.com\/news\/news_egypt\/details\/2020\/2\/3\/1717377\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%B7%D9%8A%D8%B1%D8%A7%D9%86-%D8%A7%D9%84%D8%B5%D9%8A%D9%86-%D8%A7%D8%B4%D8%AA%D8%A8%D9%87%D8%AA-%D9%81%D9%8A-%D8%A5%D8%B5%D8%A7%D8%A8%D8%A9-%D9%85%D8%B5%D8%B1%D9%8A%D9%8A%D9%86-%D8%A7%D8%AB%D9%86%D9%8A%D9%86-%D8%A8%D9%83%D9%88%D8%B1%D9%88%D9%86%D8%A7-%D9%88%D9%85%D9%86%D8%B9%D8%AA-%D8%B3%D9%81%D8%B1%D9%87%D9%85%D8%A7#HpFeature\">according to Masrawy<\/a>. Two Egyptian travelers who showed symptoms of the virus were prevented from leaving China, but the cases remain unconfirmed, <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%84%d8%b3%d9%81%d9%8a%d8%b1-%d8%a7%d9%84%d8%b5%d9%8a%d9%86%d9%89-%d9%84%d9%85-%d9%8a%d8%b5%d8%a8-%d8%a3%d9%89-%d9%85%d9%88%d8%a7%d8%b7%d9%86-%d9%85%d8%b5%d8%b1%d9%89-%d9%81%d9%89-%d8%a8%d9%84\/\">reports Al Mal<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><strong>Democrats in Iowa are gathering for the first state-level vote in the race to see who from their <\/strong><strong>party will face off against The Donald in this fall\u2019s election.<\/strong> Results from the caucuses were delayed at dispatch time. Head over to the <a href=\"https:\/\/www.nytimes.com\/2020\/02\/03\/us\/politics\/iowa-caucuses.html\">New York Times<\/a> or <a href=\"https:\/\/www.politico.com\/2020-election\/results\/iowa\/?2\">Politico<\/a> to follow the numbers as they come in. Pundits say it\u2019s too close to call who among Bernie Sanders, Joe Biden, Elizabeth Warren and Pete Buttigieg is likely to fill out the top three.<\/p>\n<p class='web-image' ><a href='http:\/\/somabay.com\/'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/Catamaran-1600px.png?ssl=1\" alt='enterprise'><\/a><\/p>\n<p><strong>Asset managers are raking in the Benjamins:<\/strong> Salaries in the asset management industry rose 16.4% last year, beating out pay rises in investment banking, <a href=\"https:\/\/www.ft.com\/content\/ea18da9b-38ee-45cc-b09f-04f95aca86b1\">the Financial Times reports<\/a>, citing figures from salary comparison site Emolument. Median pay in the industry (including bonuses) increased to USD 167k as the US equity surge boosted returns for funds. Investment banking staff saw a smaller 12.4% pay rise, but enjoyed a higher median salary of USD 218k.<\/p>\n<p><strong>JPMorgan\u2019s share price is becoming a problem:<\/strong> Chairman and CEO Jamie Dimon has spent most of the bank\u2019s profits over the past three years on buying back the company\u2019s stock, fueling a surge in its share price and making buybacks increasingly unsustainable, <a href=\"https:\/\/www.wsj.com\/articles\/jpmorgans-high-class-problem-its-rising-stock-makes-buybacks-more-expensive-11580639401?mod=hp_lead_pos4\">according to the Wall Street Journal.<\/a> The bank will have to make a decision to either slow repurchases amid declining profits, thus adding pressure on returns on stock price; or continue to buy and also put more pressure on the stock. Others who faced a similar situation in the past have yet to recover, including Citigroup and Bank of America.<\/p>\n<p><strong>Also worth knowing about this morning:<\/strong><\/p>\n<ul>\n<li><strong>Lebanon is looking to slash interest rates and recapitalize banks<\/strong> as the country scrambles to pull itself out of its banking crisis, according to a cabinet committee statement. (<a href=\"https:\/\/www.reuters.com\/article\/us-lebanon-crisis-plan-exclusive\/exclusive-draft-of-lebanese-financial-rescue-plan-promises-painful-steps-idUSKBN1ZW0LJ\">Reuters<\/a>)<\/li>\n<li><strong>The <\/strong><strong>UAE is about to join the ranks of gas producing countries after a major discovery <\/strong>between Dubai and Abu Dhabi holding 80 tcf of reserves will be jointly developed by government-owned giant Abu Dhabi National Oil Company and the Dubai Supply Authority, UAE Prime Minister and Dubai Emir Sheikh Mohamed bin Rashid Al Maktoum <a href=\"http:\/\/bit.ly\/3b7nLQm\">said on Twitter<\/a>. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-02-03\/abu-dhabi-dubai-make-gas-discovery-in-push-for-self-sufficiency?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg has more<\/a>.<\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p><strong>PSA- Brace yourselves for traffic jams: Public schools will be back in session as<\/strong><strong> scheduled this Saturday.<\/strong> Education Minister Tarek Shawki denied reports that mid-year holidays could be extended as a result of the coronavirus outbreak, saying \u201cthere is no change in the time being,\u201d <a href=\"http:\/\/english.ahram.org.eg\/News\/362826.aspx\">according to Ahram Online<\/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\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bank-of-america\/\">Bank of America<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span 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Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/last-nights-talk-shows-for-tuesday-4-february-2020\/\">\r\n                            Last night\u2019s talk shows for Tuesday 4 February 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\/02\/04\/last-nights-talk-shows-for-tuesday-4-february-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/api.whatsapp.com\/send?text=Last+night%E2%80%99s+talk+shows+for+Tuesday+4+February+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F04%2Flast-nights-talk-shows-for-tuesday-4-february-2020%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\/02\/04\/last-nights-talk-shows-for-tuesday-4-february-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568783\" class=\"content-area-description single-story post-568783 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-armed-forces tag-cit tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-ma-watch tag-state-privatization-program tag-vodafone-egypt wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The talking heads took a break yesterday from regional politics, and shifted gears to<\/strong><strong> business and econ.<\/strong> On the agenda: The kickoff of a plan to list military-owned companies and Saudi Telecom Company\u2019s (STC) bid to acquire Vodafone Egypt.<\/p>\n<p><strong>Sovereign Fund, Defense Ministry sign agreement on privatizing military companies:<\/strong> Al Hayah Al Youm\u2019s Lobna Assal took note of a cooperation framework inked yesterday between the Sovereign Fund of Egypt and the Defense Ministry\u2019s National Service Projects Organization that will pave the way for listing military-owned companies (<a href=\"https:\/\/www.youtube.com\/watch?v=WSfVfXci8jQ\">watch, runtime: 3:30<\/a>). We have chapter and verse in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>Lamees had some analysis of STC\u2019s bid to acquire Vodafone:<\/strong> Al Kahera Al Aan\u2019s Lamees El Hadidi phoned Shuaa Securities\u2019 head of research Amr El Alfy and former vice minister of finance minister Amr El Monayer for their input on Saudi Telecom Company\u2019s planned acquisition of a 55% stake in Vodafone Egypt (<a href=\"https:\/\/www.youtube.com\/watch?v=JM_oRAtE970\">watch, runtime: 13:57<\/a>).<\/p>\n<p><strong>The transaction would be subject to a 0.<\/strong><strong>3%<\/strong><strong> stamp tax and possibly a tax on capital gains<\/strong>, El Monayer said. The stamp tax will be paid regardless, equally by the buyer and seller, and calculated on the total value USD 2.4 bn value of the transaction. The capital gains tax, which stands at 22.5%, would only come into play if the seller is not incorporated in a country with which Egypt has an agreement to prevent dual taxation.<\/p>\n<p><strong>World Bank\u2019s Mohieldin on coronavirus and the global economy: <\/strong>The impact of the coronavirus outbreak on China\u2019s global growth will most certainly be felt by other markets, World Bank Group Senior Vice President Mahmoud Mohieldin told Al Hekaya\u2019s Amr Abib (<a href=\"https:\/\/www.youtube.com\/watch?v=EtD8zbHY8AM\">watch, runtime: 7:17<\/a>). The outbreak came amid adverse political conditions and at a time when global economic growth is already weak, says Mohieldin.<\/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\/armed-forces\/\">Armed Forces<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/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\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/state-privatization-program\/\">state privatization program<\/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=\"568784\" 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=\"568784\">\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\/02\/04\/egypt-takes-its-first-step-toward-privatizing-some-military-owned-companies\/\">\r\n                            Egypt takes its first step toward privatizing some military-owned companies                        <\/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\/02\/04\/egypt-takes-its-first-step-toward-privatizing-some-military-owned-companies\/\" 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 signing came after President Abdel Fattah El Sisi <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/26\/egypts-el-sisi-revives-talks-about-listing-military-companies-9138\/\">twice said<\/a> we could soon see army-owned companies and assets sell stakes on the EGX as part of the state privatization program.<\/p>\n<p><strong>What\u2019s next? <\/strong>The SFE and NSPO will be selecting assets and businesses likely to attract the interest of both local and foreign investors and add them to the fund\u2019s portfolio of assets, Planning and Economic Development Minister Hala El Said was quoted as saying. The fund would then be responsible for conducting feasibility and valuation studies, and running roadshows for the prospective listings.<\/p>\n<p><strong>Army could be stepping out: <\/strong>The studies to determine the best utilization of the selected assets will be conducted with other financial advisors on board, and could in some cases lead to a complete sellout to the private sector. The fund would also be allowed to invest directly in those assets, provided it signs on a private sector partner.<\/p>\n<p><strong>The potential portfolio: <\/strong>According <a href=\"http:\/\/www.nspo.com.eg\/nspo\/ar\/companies.html\">to NSPO\u2019s website<\/a>, the organization parents 32 companies operating in heavy and specialized industry, commodities and food manufacturing, agriculture, fisheries and livestock, quarrying and mining, contracting, and services including conference management. This includes Wataniya Company for Roads, which has worked on almost every major infrastructure project in recent years, and <a href=\"http:\/\/www.egyptian-steel.com\/Top-Nav\/Contact-Us\/Headquarters.aspx\">Egyptian Steel<\/a><\/p>\n<p><strong>Meanwhile, the Mogamma isn\u2019t up for grabs quite yet:<\/strong> The sovereign fund is still waiting for the government to completely clear the Mogamma El Tahrir bureaucratic nightmare before having the building transferred to it for a planned overhaul, CEO Ayman Soliman <a href=\"http:\/\/bit.ly\/36WCDOq\">told reporters following the signing<\/a>. When the sovereign fund launched last year, it was reported that the government will transfer the site to its portfolio to shop for investors. The process to shut down El Mogamma, and relocate the government offices within it to new locations, <a href=\"https:\/\/enterprise.press\/stories\/2016\/07\/03\/the-mogamma-the-clogged-heart-of-egypts-bureaucracy\/\">began in 2016<\/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\/armed-forces\/\">Armed Forces<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/asset-management\/\">asset management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-banking\/\">investment banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sovereign-fund-of-egypt\/\">Sovereign Fund of Egypt<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/state-privatization-program\/\">state privatization program<\/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=\"568805\" 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=\"568805\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/first-gem-ad-revealed-by-mashaat\/\">\r\n                            First GEM ad revealed by Mashaat                        <\/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\/02\/04\/first-gem-ad-revealed-by-mashaat\/\" 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\/02\/04\/first-gem-ad-revealed-by-mashaat\/')\">\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\/02\/04\/first-gem-ad-revealed-by-mashaat\/\">\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=First GEM ad revealed by Mashaat&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/first-gem-ad-revealed-by-mashaat\/\">\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\/02\/04\/first-gem-ad-revealed-by-mashaat\/&title=First GEM ad revealed by Mashaat\">\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=First+GEM+ad+revealed+by+Mashaat+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F04%2Ffirst-gem-ad-revealed-by-mashaat%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\/02\/04\/first-gem-ad-revealed-by-mashaat\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/56.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"568806\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/first-gem-ad-revealed-by-mashaat\/56-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/56.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"56.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/56.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/56.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568805\" class=\"content-area-description single-story post-568805 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-grand-egyptian-museum tag-rania-al-mashat tag-social-media tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>We have the first ad for the Grand Egyptian Museum:<\/strong> International Cooperation Minister Rania Al Mashat dropped the first official ad for the Grand Egyptian Museum (GEM) <a href=\"https:\/\/www.instagram.com\/p\/B8B7AsgHzk6\/?utm_source=ig_embed\">on Instagram<\/a> earlier this week. The ad will be broadcast on the Discovery Channel as part of the government\u2019s GEM promotion campaign.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/grand-egyptian-museum\/\">Grand Egyptian Museum<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/rania-al-mashat\/\">Rania Al Mashat<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-media\/\">social media<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/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=\"568807\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"568808\" 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=\"568808\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/trade-growth-between-emerging-economies-is-flatlining\/\">\r\n                            Trade growth between emerging economies is flatlining                        <\/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\/02\/04\/trade-growth-between-emerging-economies-is-flatlining\/\" 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\/02\/04\/trade-growth-between-emerging-economies-is-flatlining\/')\">\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\/02\/04\/trade-growth-between-emerging-economies-is-flatlining\/\">\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=Trade growth between emerging economies is flatlining&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/trade-growth-between-emerging-economies-is-flatlining\/\">\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\/02\/04\/trade-growth-between-emerging-economies-is-flatlining\/&title=Trade growth between emerging economies is flatlining\">\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=Trade+growth+between+emerging+economies+is+flatlining+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F04%2Ftrade-growth-between-emerging-economies-is-flatlining%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\/02\/04\/trade-growth-between-emerging-economies-is-flatlining\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/57.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"568809\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/trade-growth-between-emerging-economies-is-flatlining\/57-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/57.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"57.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/57.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/57.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568808\" class=\"content-area-description single-story post-568808 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-china tag-emerging-markets tag-enterpriseam tag-the-macro-picture tag-trade 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>Trade growth between emerging economies is flatlining: <\/strong>Expectations that sluggish growth in developed economies would stimulate intra-EM trade look to have been proven wrong as trade between emerging economies continues to flatline, Steve Johnson writes in <a href=\"https:\/\/www.ft.com\/content\/0ee6a9cf-ef9f-4bba-847f-980fddf9b678\">the Financial Times<\/a>. Although EM exports heading to other developing countries did leap from 24% in 1999 to 41% in 2013, they have since stagnated, and still stood at just 41-42% last year. This is despite the fact that EM economies have been expanding at a faster rate than those of developed markets, witnessing GDP growth of 4.6% a year compared to 2% in developed markets.<\/p>\n<p><strong>There are a host of possible reasons for this:<\/strong> Experts appear divided over whether the stagnation is the result of structural issues, such as the slowdown in Chinese growth, or whether it is cyclical. Some economists argue that with the global web of supply chains having been established in the 1990s, the barriers to intra-EM trade are too entrenched to be easily overcome. Others attribute the lack of growth to the weakness of EM currencies in recent years: while EMs have seen significant GDP growth compared to DMs, their share of global GDP in USD has largely stalled since 2013, when it stood at 39.2% after a rapid rise from 19.7% in 1999.<\/p>\n<p><strong>And there\u2019s no consensus on whether it will pick up.<\/strong> If south-south trade is to occupy a larger proportion of global trade, there needs to be \u201cpositive reform momentum\u201d in larger emerging economies to pull in more commodities from other EMs, argues strategist Maarten-Jan Bakkum. He is one of several economists to see the potential for strong intra-EM trade growth, partially catalyzed by the US-China trade war. The trade agreement currently being negotiated by Washington and Beijing may impact EM exports, however. And a reversal of globalization threatens to undermine outsourcing from DMs to EMs, as well as global growth as a whole. Meanwhile, many EMs may have also fallen into the \u201cmiddle-income trap,\u201d argues economist Thomas Costerg, in which a shift away from export-oriented models has impeded productivity.<\/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\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"568810\" 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=\"568810\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypt-in-the-news-on-4-february-2020\/\">\r\n                            Egypt in the News on 4 February 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\/02\/04\/egypt-in-the-news-on-4-february-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypt-in-the-news-on-4-february-2020\/')\">\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\/02\/04\/egypt-in-the-news-on-4-february-2020\/\">\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 4 February 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypt-in-the-news-on-4-february-2020\/\">\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\/02\/04\/egypt-in-the-news-on-4-february-2020\/&title=Egypt in the News on 4 February 2020\">\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+4+February+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F04%2Fegypt-in-the-news-on-4-february-2020%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\/02\/04\/egypt-in-the-news-on-4-february-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568810\" class=\"content-area-description single-story post-568810 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-giulio-regeni tag-italy tag-palm-hills-developments tag-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The fourth anniversary of the murder of Italian PhD student Giulio Regeni is getting ink <\/strong>in an otherwise quiet morning for Egypt in the international press, with <a href=\"https:\/\/www.theguardian.com\/world\/2020\/feb\/03\/giulio-regeni-hopes-rest-on-italian-inquiry-on-fourth-anniversary-of-death\">the Guardian<\/a> reporting that Italian prosecutors are hoping that a parliamentary inquiry will produce new information.<\/p>\n<p>Also getting attention in the foreign press:<\/p>\n<ul>\n<li><strong>Minya could soon be back on the global tourism map, <\/strong><a href=\"http:\/\/voanews.com\/gallery\/minya-egypt-will-soon-be-back-international-tourism-map\">says Voice of America<\/a>, which ran yesterday a series of images of landmarks, and ongoing excavation and restoration works in the Upper Egyptian province.<\/li>\n<li><strong><a href=\"https:\/\/www.theguardian.com\/books\/2020\/feb\/01\/a-pure-heart-by-rajia-hassib-review\">The Guardian reviewed<\/a><\/strong><strong> Egyptian-American writer Rajia Hassib\u2019s second <\/strong><strong>novel,<\/strong> which explores how Rose \u2014 an Egyptologist who left Cairo for a postdoc in New York \u2014 finds herself embroiled in the mysterious death of her sister, Gameela.<\/li>\n<li><strong>Regional rivalries:<\/strong> Egypt\u2019s recent antagonisms with Turkey and Ethiopia is making our neighborhood an \u201carena for international competition,\u201d <a href=\"https:\/\/thearabweekly.com\/changing-threat-dynamics-irk-egypt-amid-new-wave-regional-competition\">says the Arab Weekly<\/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\/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\/giulio-regeni\/\">Giulio Regeni<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/italy\/\">Italy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/palm-hills-developments\/\">Palm Hills Developments<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/security\/\">security<\/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=\"568811\" 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=\"568811\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/nrea-awards-ras-ghareb-250-mw-wind-plant-tender-to-vestas\/\">\r\n                            NREA awards Ras Ghareb 250 MW wind plant tender to Vestas                        <\/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\/02\/04\/nrea-awards-ras-ghareb-250-mw-wind-plant-tender-to-vestas\/\" 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\/02\/04\/nrea-awards-ras-ghareb-250-mw-wind-plant-tender-to-vestas\/')\">\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\/02\/04\/nrea-awards-ras-ghareb-250-mw-wind-plant-tender-to-vestas\/\">\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=NREA awards Ras Ghareb 250 MW wind plant tender to Vestas&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/nrea-awards-ras-ghareb-250-mw-wind-plant-tender-to-vestas\/\">\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\/02\/04\/nrea-awards-ras-ghareb-250-mw-wind-plant-tender-to-vestas\/&title=NREA awards Ras Ghareb 250 MW wind plant tender to Vestas\">\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=NREA+awards+Ras+Ghareb+250+MW+wind+plant+tender+to+Vestas+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F04%2Fnrea-awards-ras-ghareb-250-mw-wind-plant-tender-to-vestas%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\/02\/04\/nrea-awards-ras-ghareb-250-mw-wind-plant-tender-to-vestas\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568811\" class=\"content-area-description single-story post-568811 post type-post status-publish format-standard hentry category-energy tag-denmark tag-energy tag-enterpriseam tag-lekela-power tag-new-and-renewable-energy-authority tag-ras-ghareb tag-renewable-energy tag-vestas-wind-systems wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The New and Renewable Energy Authority (NREA) has awarded the tender to build Lekela Egypt\u2019s EUR 260 mn, 250 MW wind plant in Ras Ghareb to Danish firm <a href=\"https:\/\/www.vestas.com\/\">Vestas<\/a>, sources in the Electricity Ministry <a href=\"http:\/\/bit.ly\/2tpSXtk\">told Al Mal<\/a>. The final contract is expected to be signed this month after the NREA agrees terms with the company. Vestas\u2019 bid was the only offer on the table after both <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/10\/nrea-to-study-vestas-bid-for-250-mw-ras-ghareb-wind-plant-on-sunday\/\">Siemens Gamesa and Germany\u2019s Senvion<\/a> <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/27\/vestas-awarded-tender-for-250-mw-ras-ghareb-wind-plant\/\">retracted their bids<\/a> in 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\/denmark\/\">Denmark<\/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\/lekela-power\/\">Lekela Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-and-renewable-energy-authority\/\">New and Renewable Energy Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ras-ghareb\/\">Ras Ghareb<\/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\/vestas-wind-systems\/\">Vestas Wind Systems<\/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=\"568812\" 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=\"568812\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/govt-to-build-1k-ev-charging-stations-in-coming-three-years\/\">\r\n                            Govt to build 1k EV charging stations in coming three years                        <\/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\/02\/04\/govt-to-build-1k-ev-charging-stations-in-coming-three-years\/\" 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\/02\/04\/govt-to-build-1k-ev-charging-stations-in-coming-three-years\/')\">\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\/02\/04\/govt-to-build-1k-ev-charging-stations-in-coming-three-years\/\">\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=Govt to build 1k EV charging stations in coming three years&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/govt-to-build-1k-ev-charging-stations-in-coming-three-years\/\">\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\/02\/04\/govt-to-build-1k-ev-charging-stations-in-coming-three-years\/&title=Govt to build 1k EV charging stations in coming three years\">\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=Govt+to+build+1k+EV+charging+stations+in+coming+three+years+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F04%2Fgovt-to-build-1k-ev-charging-stations-in-coming-three-years%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\/02\/04\/govt-to-build-1k-ev-charging-stations-in-coming-three-years\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568812\" class=\"content-area-description single-story post-568812 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-evs tag-infrastructure tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The government will build 1k fast charging stations for electric vehicles in different parts of Egypt in the next three years, Public Enterprises Minister Hisham Tawfik said last week, <a href=\"https:\/\/bit.ly\/2u2CWKh\">according to Masrawy<\/a>. This is one of a number of measures mentioned by Tawfik that will be introduced to stimulate the local manufacture of EVs. Public authorities, economic bodies, and public sector companies will be required to replace 5% of their fleet every year with electric cars, while the government will subsidize the costs of the first 100k locally-produced cars to the tune of EGP 50k per vehicle, on the condition that the cars are able to cover over 400 km per charge.<\/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\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/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=\"568813\" 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=\"568813\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/galina-agrofreeze-starts-building-its-fourth-factory-in-egypt-to-cost-egp-115-mn\/\">\r\n                            Galina-Agrofreeze starts building its fourth factory in Egypt, to cost EGP 115 mn                        <\/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\/02\/04\/galina-agrofreeze-starts-building-its-fourth-factory-in-egypt-to-cost-egp-115-mn\/\" 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\/02\/04\/galina-agrofreeze-starts-building-its-fourth-factory-in-egypt-to-cost-egp-115-mn\/')\">\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\/02\/04\/galina-agrofreeze-starts-building-its-fourth-factory-in-egypt-to-cost-egp-115-mn\/\">\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=Galina-Agrofreeze starts building its fourth factory in Egypt, to cost EGP 115 mn&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/galina-agrofreeze-starts-building-its-fourth-factory-in-egypt-to-cost-egp-115-mn\/\">\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\/02\/04\/galina-agrofreeze-starts-building-its-fourth-factory-in-egypt-to-cost-egp-115-mn\/&title=Galina-Agrofreeze starts building its fourth factory in Egypt, to cost EGP 115 mn\">\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=Galina-Agrofreeze+starts+building+its+fourth+factory+in+Egypt%2C+to+cost+EGP+115+mn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F04%2Fgalina-agrofreeze-starts-building-its-fourth-factory-in-egypt-to-cost-egp-115-mn%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\/02\/04\/galina-agrofreeze-starts-building-its-fourth-factory-in-egypt-to-cost-egp-115-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568813\" class=\"content-area-description single-story post-568813 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-galina-agrofreeze tag-investment-watch tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a href=\"http:\/\/www.galina-eg.com\/\">Galina-Agrofreeze<\/a> has broken ground on its fourth factory in Egypt, which is expected to cost EGP 115 mn and produce 10k tonnes of frozen fruits and vegetables a year, Chairman Abdelwahed Soliman <a href=\"https:\/\/alborsaanews.com\/2020\/02\/03\/1292369\">told the press<\/a>. The company has also recently completed its third factory, and is planning to inaugurate it in June, Soliman said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/galina-agrofreeze\/\">Galina-Agrofreeze<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/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=\"568814\" 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=\"568814\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/badr-university-signs-hospitality-training-partnership-with-switzerlands-bhms\/\">\r\n                            Badr University signs hospitality training partnership with Switzerland\u2019s BHMS                        <\/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\/02\/04\/badr-university-signs-hospitality-training-partnership-with-switzerlands-bhms\/\" 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\/02\/04\/badr-university-signs-hospitality-training-partnership-with-switzerlands-bhms\/')\">\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\/02\/04\/badr-university-signs-hospitality-training-partnership-with-switzerlands-bhms\/\">\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=Badr University signs hospitality training partnership with Switzerland\u2019s BHMS&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/badr-university-signs-hospitality-training-partnership-with-switzerlands-bhms\/\">\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\/02\/04\/badr-university-signs-hospitality-training-partnership-with-switzerlands-bhms\/&title=Badr University signs hospitality training partnership with Switzerland\u2019s BHMS\">\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=Badr+University+signs+hospitality+training+partnership+with+Switzerland%E2%80%99s+BHMS+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F04%2Fbadr-university-signs-hospitality-training-partnership-with-switzerlands-bhms%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\/02\/04\/badr-university-signs-hospitality-training-partnership-with-switzerlands-bhms\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568814\" class=\"content-area-description single-story post-568814 post type-post status-publish format-standard hentry category-health-education tag-cira-education tag-education tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Cairo for Investment and Real Estate Development\u2019s (CIRA) Badr University signed yesterday a partnership agreement with Switzerland\u2019s Business and Hotel Management School (BHMS) to offer hospitality management training and degrees at the university, according to <a href=\"https:\/\/ent.news\/2020\/2\/CIRA-B.H.M.S-Agreement_Feb-3-2020-1.pdf\">an emailed statement (pdf)<\/a>. The partnership will see Badr introducing a 3-year Bachelor\u2019s degree and a 1-year professional diploma in hotel and tourism management this September, with later plans to introduce a Master\u2019s degree. The agreement also includes opening a hospitality academy next year, and BHMS will help provide hospitality training at Badr\u2019s planned Assiut campus in 2021.<\/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\/cira-education\/\">CIRA Education<\/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\/health-education\/\">Health + Education<\/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=\"568815\" 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=\"568815\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/naccud-to-resume-land-offering-in-egypts-new-capital-in-july\/\">\r\n                            NACCUD to resume land offering in Egypt\u2019s new capital in July                        <\/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\/02\/04\/naccud-to-resume-land-offering-in-egypts-new-capital-in-july\/\" 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\/02\/04\/naccud-to-resume-land-offering-in-egypts-new-capital-in-july\/')\">\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\/02\/04\/naccud-to-resume-land-offering-in-egypts-new-capital-in-july\/\">\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=NACCUD to resume land offering in Egypt\u2019s new capital in July&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/naccud-to-resume-land-offering-in-egypts-new-capital-in-july\/\">\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\/02\/04\/naccud-to-resume-land-offering-in-egypts-new-capital-in-july\/&title=NACCUD to resume land offering in Egypt\u2019s new capital in July\">\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=NACCUD+to+resume+land+offering+in+Egypt%E2%80%99s+new+capital+in+July+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F04%2Fnaccud-to-resume-land-offering-in-egypts-new-capital-in-july%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\/02\/04\/naccud-to-resume-land-offering-in-egypts-new-capital-in-july\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568815\" class=\"content-area-description single-story post-568815 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-new-administrative-capital-company-for-urban-development tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The New Administrative Capital Company for Urban Development (NACCUD) intends to start the fourth offering of land in the new administrative capital to developers by the end of July, Chairman Magdy Amin <a href=\"http:\/\/bit.ly\/2tkDtGP\">told Hapi Journal<\/a>. Amin\u2019s remarks come after NACCUD President Ahmed Zaki Abdin saying <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN1ZS0Q4\">last week<\/a> that the company will suspend land sales in the capital until the government moves to the capital.<\/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\/new-administrative-capital-company-for-urban-development\/\">New Administrative Capital Company for Urban Development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/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=\"568816\" 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=\"568816\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/misr-financial-investments-to-launch-egp-1-bn-investment-fund\/\">\r\n                            Misr Financial Investments to launch EGP 1 bn investment fund                        <\/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\/02\/04\/misr-financial-investments-to-launch-egp-1-bn-investment-fund\/\" 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\/02\/04\/misr-financial-investments-to-launch-egp-1-bn-investment-fund\/')\">\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\/02\/04\/misr-financial-investments-to-launch-egp-1-bn-investment-fund\/\">\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=Misr Financial Investments to launch EGP 1 bn investment fund&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/misr-financial-investments-to-launch-egp-1-bn-investment-fund\/\">\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\/02\/04\/misr-financial-investments-to-launch-egp-1-bn-investment-fund\/&title=Misr Financial Investments to launch EGP 1 bn investment fund\">\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=Misr+Financial+Investments+to+launch+EGP+1+bn+investment+fund+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F04%2Fmisr-financial-investments-to-launch-egp-1-bn-investment-fund%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\/02\/04\/misr-financial-investments-to-launch-egp-1-bn-investment-fund\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568816\" class=\"content-area-description single-story post-568816 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Banque Misr\u2019s investment arm, Misr Financial Investments, is planning to launch a EGP 1 bn investment fund during the coming months, the fund\u2019s Managing Director Atef El Mahmoudi <a href=\"http:\/\/bit.ly\/36QNQA7\">told Hapi Journal<\/a>. Misr Financial Investments will hold a 10% stake in the fund, he said, adding that the prospectus has already been submitted to the Financial Regulatory Authority.<\/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\/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=\"568818\" 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=\"568818\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/bill-gates-is-getting-an-egyptian-son-in-law\/\">\r\n                            Bill Gates is getting an Egyptian son-in-law                        <\/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\/02\/04\/bill-gates-is-getting-an-egyptian-son-in-law\/\" 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\/02\/04\/bill-gates-is-getting-an-egyptian-son-in-law\/')\">\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\/02\/04\/bill-gates-is-getting-an-egyptian-son-in-law\/\">\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=Bill Gates is getting an Egyptian son-in-law&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/bill-gates-is-getting-an-egyptian-son-in-law\/\">\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\/02\/04\/bill-gates-is-getting-an-egyptian-son-in-law\/&title=Bill Gates is getting an Egyptian son-in-law\">\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=Bill+Gates+is+getting+an+Egyptian+son-in-law+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F04%2Fbill-gates-is-getting-an-egyptian-son-in-law%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\/02\/04\/bill-gates-is-getting-an-egyptian-son-in-law\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/59.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"568819\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/bill-gates-is-getting-an-egyptian-son-in-law\/59-jpg-15\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/59.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"59.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/59.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/59.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568818\" class=\"content-area-description single-story post-568818 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-bill-gates tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Bill Gates is getting an Egyptian son-in-law:<\/strong> Egyptian equestrian Nayel Nassar got engaged on Thursday to Bill Gates\u2019 oldest daughter Jennifer, who he met at Stanford University, <a href=\"https:\/\/www.businessinsider.com\/bill-gates-daughter-jennifer-gets-engaged-all-about-nayel-nassar-2020-1\">Business Insider<\/a> reports. Bill Gates seems to approve, saying that he is \u201ccompletely thrilled\u201d about the news on his daughter\u2019s <a href=\"https:\/\/www.instagram.com\/p\/B76sF7GH7n-\/?utm_source=ig_embed\">Instagram post<\/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\/bill-gates\/\">Bill Gates<\/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=\"568820\" 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=\"568820\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/the-market-yesterday-22\/\">\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\/02\/04\/the-market-yesterday-22\/\" 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\/02\/04\/the-market-yesterday-22\/')\">\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\/02\/04\/the-market-yesterday-22\/\">\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\/02\/04\/the-market-yesterday-22\/\">\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\/02\/04\/the-market-yesterday-22\/&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%2F02%2F04%2Fthe-market-yesterday-22%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\/02\/04\/the-market-yesterday-22\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568820\" class=\"content-area-description single-story post-568820 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 15.75 | Sell 15.85<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.74 | Sell 15.84<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.75 | Sell 15.85<\/p>\n<p><strong>EGX30<\/strong> (Monday): 13,878 (-0.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 470 mn (25% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -0.6%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session down 0.1%. CIB, the index\u2019s heaviest constituent, ended up 0.8%. EGX30\u2019s top performing constituents were AMOC up 2.0%, Sidi Kerir Petrochemicals up 1.0%, and CIB up 0.8%. Yesterday\u2019s worst performing stocks were Telecom Egypt down 6.4%, Juhayna down 1.9% and Heliopolis Housing down 1.8%. The market turnover was EGP 470 mn, and regional investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +24.8 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -28.9 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +4.1 mn<\/p>\n<p><strong>Retail<\/strong>: 57.0% of total trades | 50.2% of buyers | 63.7% of sellers<br \/>\n <strong>Institutions<\/strong>: 43.0% of total trades | 49.8% of buyers | 36.3% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 50.39 (+0.56%)<br \/>\n <strong>Brent:<\/strong> USD 54.68 (+0.42%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.82 MMBtu, (+0.05%, March 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,580.70 \/ troy ounce (-0.11%)<\/p>\n<p><strong>TASI:<\/strong> 8,112.69 (-0.55%) (YTD: -3.30%)<br \/>\n <strong>ADX:<\/strong> 5,076.67 (-0.77%) (YTD: +0.02%)<br \/>\n <strong>DFM:<\/strong> 2,771.31 (+0.18%) (YTD: +0.23%)<br \/>\n <strong>KSE Premier Market:<\/strong> 6,976.57 (-0.36%)<br \/>\n <strong>QE:<\/strong> 10,251.52 (-1.07%) (YTD: -1.67%)<br \/>\n <strong>MSM:<\/strong> 4,115.50 (+0.56%) (YTD: +3.37%)<br \/>\n <strong>BB:<\/strong> 1,662.50 (+0.17%) (YTD: +3.25%)<\/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=\"568821\" 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\/02\/04\/568821\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-568821\" class=\"content-area-description single-story post-568821 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>23 January-4 February: <a href=\"https:\/\/www.facebook.com\/cairobookfair\/\">Cairo International Book Fair 2020<\/a>, New Cairo International Exhibition and Convention Center, Egypt.<\/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>2-5 February (Sunday-Wednesday): 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>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>12-13 February (Wednesday-Thursday) (TBC): Egypt, Ethiopia and Sudan to meet in Washington, DC, to review final GERD agreement.<\/p>\n<p>14-16 February (Friday-Sunday): A Euro-Mediterranean Organization for Economic and Development Cooperation delegation <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=22012020&id=b3a1f3df-a1cf-4b6e-853e-05c1e9e43111\">will visit Egypt<\/a> to discuss cooperating in the field of organic cotton and home textiles<\/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>23 February (Sunday): Court session for Amer Group, Porto Group compensation claim against Antaradous<\/p>\n<p>20 February (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>March: <a href=\"https:\/\/bit.ly\/2RMVwyZ\">South Korean business delegation to visit Egypt<\/a>.<\/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>2-5 March (Monday-Thursday): EFG Hermes\u2019 16th annual <a href=\"https:\/\/oneonone2020.efghermes.com\/pages\/home.aspx\">One on One conference<\/a>, Atlantis, The Palm, Dubai.<\/p>\n<p>3 March (Tuesday): Business Today\u2019s <a href=\"https:\/\/ent.news\/2020\/1\/BT100_Announcement-converted.pdf\">bt100 awards ceremony<\/a>, Cairo.<\/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>7 March (Saturday): International Conference for Investment organized by Suez Canal Economic Authority, Al Galala City, Egypt<\/p>\n<p>17-18 March (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/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>26 March (Thursday): <a href=\"https:\/\/almalnews.com\/%d8%aa%d8%a3%d8%ac%d9%8a%d9%84-%d8%af%d8%b9%d9%88%d9%89-%d8%b4%d8%b1%d9%83%d8%a9-%d8%b3%d9%88%d8%b1%d9%8a%d8%a9-%d8%b6%d8%af-%d8%a8%d9%88%d8%b1%d8%aa%d9%88-%d8%ac%d8%b1%d9%88%d8%a8-%d8%a5%d9%84%d9%89\/\">Court session<\/a> for Amer Group, Porto Group lawsuit against Antaradous.<\/p>\n<p>7 April (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/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>25 April (Saturday): Sinai Liberation Day, national holiday.<\/p>\n<p>28-29 April (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/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>14 May (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>23-26 May (Saturday-Tuesday): Eid El Fitr (TBC).<\/p>\n<p>9-10 June (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/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>25 June (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>28-29 July (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>30 July-3 August (Thursday-Monday): Eid El Adha (TBC), national holiday.<\/p>\n<p>13 August (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>20 August (Wednesday-Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>15-16 September (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>24 September (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/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>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>4-5 November (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>5 November (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>12 November (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>15-16 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>17 December (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>24 December (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/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":568780,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-568779","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a29d7c71-07af-4359-8e79-0fe084f93dc9","teaser":"","photo_url":"https:\/\/ent.news\/2020\/2\/46.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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