{"id":569449,"date":"2020-02-25T04:42:02","date_gmt":"2020-02-25T04:42:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=569449"},"modified":"2025-12-16T06:55:44","modified_gmt":"2025-12-16T06:55:44","slug":"its-a-packed-news-day-no-matter-how-you-cut-it","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/its-a-packed-news-day-no-matter-how-you-cut-it\/","title":{"rendered":"It\u2019s a packed news day no matter how you cut it"},"content":{"rendered":"<section id=\"569451\" 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=\"569451\">\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\/25\/what-were-tracking-on-25-february-2020-2\/\">\r\n                            What we\u2019re tracking on 25 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\/25\/what-were-tracking-on-25-february-2020-2\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Education Minister Tarek Shawki has canceled classes today for schools and universities as cities including Cairo bail out from the torrential downpour, <a href=\"https:\/\/bit.ly\/32s3P78\">according to a cabinet statement<\/a>. Some major arteries and many side streets in the capital city remain flooded this morning. Footage circulating on <a href=\"https:\/\/twitter.com\/Omar___Essam\/status\/1231968610526072832\">social media yesterday<\/a> also showed cars struggling to make their way through the floods in some areas of the city. <strong>If it were up to us, external meetings would be cancelled today, too.<\/strong><\/p><p class=\"web-image\"><a href=\"https:\/\/bit.ly\/2SThIrA\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/flooding-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>We usually laugh when the meteorologists refer to the weather as \u201cunstable,\u201d <\/strong>but that\u2019s what it\u2019s going to be today: A chance of rain early this morning giving way to cloudy with sunny periods, then sunny skies, then another chance of rain. Look for a high today of 18\u00b0C.<\/p><p><strong>LOCAL STORY OF THE DAY #1-<\/strong> State-owned Heliopolis Housing announced yesterday it received zero offers in its tender for a private investor to buy a 10% stake with management rights, dragging down the company\u2019s share price and that of several other real estate companies.<\/p><p><strong>LOCAL STORY OF THE DAY # 2-<\/strong> Your smoking habit is about to get more expensive (yes, again) thanks to newly-approved hikes in sin tax. We have the full breakdown in this morning\u2019s Speed Round. With the self-righteousness that only former smokers who are simultaneously econ nerds can muster, we agree wholeheartedly.<\/p><p><strong>MPs also passed a number of key business-related laws yesterday<\/strong> into which many of you will want to dig deeper. We have chapter and verse on all of this and more in this morning\u2019s Speed Round.<\/p><p><strong>Oh, and for once we find ourselves in agreement with Amr Adib<\/strong> after the voluble talkshow host and lesser half of the Lamees-and-Amr duo suggested last night that he <strong>couldn\u2019t quite figure out why Egypt is resuming flights to China<\/strong> in the midst of the covid-19 outbreak, which has led most other major airlines suspending flights there (<a href=\"https:\/\/www.youtube.com\/watch?v=utxeD-7pgMc\">watch, runtime: 2:13<\/a>). We have more on El Corona just below:<\/p><p class=\"web-image\"><a href=\"https:\/\/www.wsj.com\/articles\/stocks-fall-as-coronavirus-spread-accelerates-outside-china-11582533308?mod=hp_lead_pos1\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/US-stocks-covid-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>GLOBAL STORY OF THE DAY #1- Global stocks had their worst day in two years. <\/strong>The covid-19 outbreak sent markets into a tailspin yesterday as investor concerns the virus will hit global growth escalated. Investors everywhere turned away from equities and oil and toward safe haven gold and bonds as the rising number of covid-19 cases beyond China and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8e844b07-eaea-4db4-9e7f-61b73791083a\">the Italy lockdown<\/a> are raising alarms, <a href=\"https:\/\/www.ft.com\/content\/5ec9aeae-56a1-11ea-a528-dd0f971febbc\">says the Financial Times<\/a>.<\/p><p><strong>Asian markets are down again this morning and the S&amp;P 500 closed down 3.4% <\/strong><strong>yesterday,<\/strong> its biggest one-day fall since 2018, and led the FTSE All-World index to lose 3.3%. Europe\u2019s continent-wide Stoxx 600 also plummeted 4,2%, and the UK\u2019s FTSE 100 3.3% at session close. Gold <a href=\"https:\/\/www.wsj.com\/articles\/stocks-fall-as-coronavirus-spread-accelerates-outside-china-11582533308?mod=hp_lead_pos1\">gained 1.7%<\/a> to reach a seven-year high, but erased gains to close in the red.<\/p><p><strong>Energy stocks were the biggest losers<\/strong> as they suffered from a ripple effect caused by weakening oil prices. Oil <a href=\"https:\/\/www.ft.com\/content\/9854a72c-4694-11ea-aee2-9ddbdc86190d\">slid into bear territory<\/a> ever since the outbreak intensified earlier this month. Tech stocks weren\u2019t much better off, with semiconductor giant AMD\u2019s shares ending 7.8% in the red.<\/p><p><strong>Egypt has no new cases<\/strong>, but the global total now exceeds 80k, with epidemiologists now worrying that <strong>Iran presents a global threat and a \u201c<\/strong><strong><a href=\"https:\/\/www.nytimes.com\/2020\/02\/24\/world\/middleeast\/coronavirus-iran.html\">recipe for a massive viral outbreak<\/a><\/strong><strong>.\u201d <\/strong>New cases in the UAE, Bahrain, Kuwait, Oman, Lebanon and Canada have been linked to Iran.<\/p><p><strong>The World Health Organization said yesterday that it is unsure whether the virus\u2019 spread <\/strong><strong>to new countries can be stopped at this point<\/strong>, but still refuses to call it a global pandemic, <a href=\"https:\/\/www.wsj.com\/articles\/viruss-global-spread-may-not-be-contained-who-says-11582567815?mod=hp_lead_pos2\">according to the WSJ<\/a>.<\/p><p><strong>One thing to keep in mind: Nobody really knows how bad it could get for the global <\/strong><strong>economy. <\/strong>As the Journal reminds us: \u201c<a href=\"https:\/\/www.wsj.com\/articles\/fear-of-coronavirus-rather-than-virus-itself-hits-economies-11582589904?mod=hp_lead_pos2\">estimates of the epidemic\u2019s impact on the global economy are largely educated guesses<\/a>.\u201d<\/p><p>Other covid-19 developments:<\/p><ul>\n<li><strong>Chinese imports still held up in Egypt:<\/strong> Chinese household appliance prices have inched up 5-10% over the past few weeks as imported goods from Beijing are piling up at Egypt\u2019s ports, according to the vice president of the household appliances division at the Cairo Chambers of Commerce, <a href=\"https:\/\/bit.ly\/2ViWo0g\">Fathi El Tahawy<\/a>. The government is still reviewing <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/72b41ade-6a5e-45d0-91ca-0ea794a55761\">requests from last week<\/a> to release the imports being held up due to paperwork delays from China caused by the outbreak of coronavirus.<\/li>\n<li><strong>Kuwait, Bahrain, and Iraq have each confirmed cases of covid-19<\/strong>, linking the infections to people associated with Iran, such as those returning from visiting Mashhad, a Muslim pilgrimage site in northeastern Iran, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-02-24\/kuwait-bahrain-report-cases-of-coronavirus-linked-to-iran\">according to Bloomberg<\/a>. Kuwait has confirmed three cases, while Bahrain and Iraq each have one case of the virus. <\/li>\n<li><strong>Iran has denied allegations from a lawmaker on Monday that 50 people have<\/strong><strong> died in the city of Qom<\/strong> from the covid-19 virus this month, <a href=\"https:\/\/apnews.com\/32540d09ec101aac057660ef1b0aa970\">according to the Associated Press<\/a>. The government says that a total of 12 people have died and 60 cases have been reported.<\/li>\n<\/ul><p><strong>You\u2019ll find plenty of coverage here: <\/strong><a href=\"https:\/\/www.reuters.com\/article\/us-usa-stocks\/wall-street-plunges-on-fears-of-coronavirus-pandemic-idUSKCN20I1GD\">Reuters<\/a> | <a href=\"https:\/\/www.ft.com\/content\/5ec9aeae-56a1-11ea-a528-dd0f971febbc\">Financial Times<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/stocks-fall-as-coronavirus-spread-accelerates-outside-china-11582533308?mod=hp_lead_pos1\">Wall Street Journal<\/a> | <a href=\"https:\/\/www.nytimes.com\/2020\/02\/24\/world\/asia\/china-coronavirus.html?action=click&amp;module=Top%20Stories&amp;pgtype=Homepage\">New York<\/a><a href=\"https:\/\/www.nytimes.com\/2020\/02\/24\/world\/asia\/china-coronavirus.html?action=click&amp;module=Top%20Stories&amp;pgtype=Homepage\">Times<\/a> | <a href=\"https:\/\/www.cnbc.com\/2020\/02\/25\/coronavirus-latest-updates-china-asia-markets.html\">CNBC<\/a> | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-02-24\/global-cases-spark-selloff-no-pandemic-who-says-virus-update?srnd=premium-middle-east\">Bloomberg<\/a><\/p><p><strong>GLOBAL STORY OF THE DAY #2 \u2014<\/strong> A New York court found producer Harvey Weinstein guilty on two charges \u2014 including [redacted] intercourse without consent \u2014 but acquitted him of more severe charges, which would have potentially earned him a life sentence in prison, <a href=\"https:\/\/www.reuters.com\/article\/us-people-harvey-weinstein\/weinstein-found-guilty-of-sexual-assault-rape-in-turning-point-for-metoo-movement-idUSKCN20I159\">Reuters reports<\/a>. Weinstein also faces dozens of civil lawsuits from women accusing him of assault.<\/p><hr class=\"grey-line\"><p><strong>El Molla to <\/strong><strong>announce Eastern Desert gold exploration tender details today:<\/strong> Oil Minister Tarek El Molla is set to announce the details of the upcoming international gold exploration and mining tender and Egypt\u2019s mining strategy at a presser today, <a href=\"https:\/\/bit.ly\/2uvOfe8\">Youm7 reports<\/a>, citing sources from the Egyptian Mineral Resources Authority (EMRA).<\/p><p><strong>The government will start accepting bids for the tender during the first half of March<\/strong>, an official at EMRA <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0323710c-522f-47ec-a20f-414c95c079a5\">said earlier this week<\/a>. The tender has <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/709f74be-da2a-4763-8102-c63d6d0aaff1\">drawn interest<\/a> from industry players Centamin and Sawiris\u2019 La Mancha following the amendments made to the Mineral Resources Act that has drawn praise for being positive for investors.<\/p><p><strong>News of a GERD agreement this weekend? <\/strong>Delegations from Egypt, Ethiopia, and Sudan will be in Washington on Thursday and Friday for what is hoped to be a final round of Grand Ethiopian Renaissance Dam (GERD) talks, <a href=\"http:\/\/bit.ly\/3c9YPZl\">cabinet said yesterday<\/a>. A draft agreement on the rules for the filling and operation of the dam prepared by the US and the World Bank, who are mediating the dispute, reportedly made its way to the three countries\u2019 top officials. The agreement has been expected to be sealed by the end of the month, but US Secretary of State Mike Pompeo <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ce0ad8bf-b1f8-44cf-97f9-1208af8b5658\">suggested last week<\/a> that it could take more time as a \u201cgreat amount of work remains.\u201d<\/p><p><strong>International Cooperation Minister Rania Al Mashat is in Washington, DC, today to<\/strong><strong> meet with World Bank officials and members of the US administration.<\/strong> Al Mashat will hold talks with World Bank President David Malpass, head of the Egyptian American Enterprise Fund James Harmon, and US Development Finance Corporation President Adam Boehler to discuss the activities of US companies operating in Egypt, <a href=\"https:\/\/bit.ly\/32jxwHo\">reports Al Mal<\/a>.<\/p><p><strong>Defense Minister Mohamed Zaky is in Pakistan for several days<\/strong>, where he is set to meet with government and defense officials to talk military cooperation, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=24022020&amp;id=86e5d566-2752-4ab2-a46b-ca3dd72b35b3\">according to Al Shorouk<\/a>.<\/p><p><strong>Egypt to host Arab Forum for Tourism Media:<\/strong> Some 40 journalists from 14 Arab countries will be in town from tomorrow to promote tourism in Egypt, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=24022020&amp;id=d83208da-9655-48fd-9323-7bb08784dec1\">according to Al Shorouk<\/a>. Awards will also be granted to top Egyptian journalists.<\/p><p><strong>Former President Hosni Mubarak is in the ICU after undergoing surgery last month<\/strong>, his son Alaa <a href=\"https:\/\/twitter.com\/AlaaMubarak_\/status\/1231190818893049857?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1231190818893049857&amp;ref_url=https%3A%2F%2Fwww.egypttoday.com%2F\">said on Twitter<\/a>. The Mubarak family lawyer Farid El Deeb said on Sunday that the former president is in stable condition (<a href=\"https:\/\/www.youtube.com\/watch?v=cAQTksnJcbs\">watch, runtime: 7:34<\/a>).<\/p><p><strong>FinMin scraps auction as treasury yields climb after MPC decision to hold rates: <\/strong>The Finance Ministry has called off a treasury bill auction after investors asked for high yields on 91-day treasuries in the first sale after the decision by the central bank\u2019s Monetary Policy Committee to hold interest rates last week, according to <a href=\"https:\/\/alborsaanews.com\/2020\/02\/24\/1300021\">a local press report<\/a>. The ministry accepted only 17% of bids it received in a separate auction for 265-day bills.<\/p><p><strong>Average yields on 91-day treasuries climbed by 0.29% to 14.142% from last week\u2019s <\/strong><strong>auction.<\/strong> The lowest accepted yield in yesterday\u2019s sale was 13.5%, up from 13% in an auction held right before the interest rate decision.<\/p><hr class=\"grey-line\"><p>Coming up next week:<\/p><ul>\n<li><strong>Our friends at EFG Hermes are holding their annual <\/strong><strong><a href=\"https:\/\/oneonone2020.efghermes.com\/pages\/home.aspx\">One on One conference<\/a><\/strong> on 2-5 March at Atlantis, Dubai. The gathering is the world\u2019s largest frontier- and emerging-market-focused investor conference.<\/li>\n<li><strong>Business Today\u2019s <\/strong><strong><a href=\"https:\/\/ent.news\/2020\/1\/BT100_Announcement-converted.pdf\">bt100 awards ceremony (pdf)<\/a><\/strong> takes place on Tuesday 3 March.<\/li>\n<li><strong>The two-day <\/strong><strong><a href=\"https:\/\/ent.news\/2019\/10\/Press-Release-26th-Annual-Women-Economic-Forum-March-2020-Cairo-Egypt.pdf\">Women Economic Forum (pdf)<\/a><\/strong> gets underway on Wednesday, 4 March in Cairo.<\/li>\n<li><strong>The Union of Arab Banks will hold <\/strong><strong><a href=\"http:\/\/www.uabonline.org\/en\/events\/conferences\/chiefriskofficerscrosinarabbanks\/72792\/0\">a three-day forum for risk officers<\/a><\/strong> on 6-8 March in Hurghada.<\/li>\n<li><strong><a href=\"https:\/\/www.ecrg.de\/en\/events\/196-international-investment-conference-suez-canal-economic-zone\">A one-day investment conference<\/a><\/strong><strong> for the Suez Canal Economic Zone<\/strong> will take place on Saturday, 7 March.<\/li>\n<\/ul><p class=\"web-image stand-out-borderless\"><a href=\"http:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/Mesca-1600px.png?ssl=1\" alt=\"enterprise\"><\/a>Located on the North West Corner of Somabay, lies Mesca Beach, stretched out onto 1.5km of silky sand. Mesca Beach is best known for its big tidal changes, shallow sandy waters and mounds of mangroves, in addition to the 7Bft Kite House, famously known as one of the best surfing spots on the planet. Combining luxury and adventure, the beach will be welcoming its very own Mesca Hotel, making its debut later this year.<\/p><p><strong>Private equity returns struggle to keep up with US bull market:<\/strong> Returns on US equities have topped those of PE funds over the past 10 years, the first time this has happened over a decade-long period. A study from Harvard economist Josh Lerner and consultancy firm Bain &amp; Co. shows that S&amp;P 500 investors have made a 15.5% return over the 10 years to June 2019, compared to 15.3% for private equity. <a href=\"https:\/\/www.ft.com\/content\/e73396be-54a4-11ea-8841-482eed0038b1\">The Financial Times has more<\/a>.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>A locust swarm is slowly brewing on the Southeastern Red Sea coast. <\/strong>A small cluster of adult locusts have been coalescing along the Southernmost coastal regions in Egypt that the <a href=\"http:\/\/www.fao.org\/ag\/locusts\/en\/archives\/briefs\/2515\/2516\/index.html\">FAO warns<\/a> might pose great risk in the near future if left uncontrolled. Massive swarms of locusts have already been making their way through Kenya since December threatening mns, as they descend upon villages threatening food safety, agriculture and the region\u2019s economy at large, <a href=\"https:\/\/www.nytimes.com\/2020\/02\/21\/world\/africa\/locusts-kenya-east-africa.html\">the New York Times reports<\/a>. The locusts can travel more than 80 miles a day and consume the equivalent of what 35,000 people do in a single day, currently threatening the livelihoods of 20 mn people across Ethiopia, Kenya, and Somalia with the risk to surrounding nations growing as the swarms reproduce. In addition to food supply, tourism to national parks and protected zones \u2014 for which other communities rely on as their main source of income \u2014 is also coming under threat.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/centamin\/\">Centamin<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gold\/\">gold<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/journalism\/\">journalism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/la-mancha\/\">La Mancha<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/media\/\">media<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mining\/\">mining<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/naguib-sawiris\/\">Naguib Sawiris<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nile-basin\/\">Nile Basin<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-ministry\/\">Oil Ministry<\/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\" 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href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/last-nights-talk-shows-for-tuesday-25-february-2020\/\">\r\n                            Last night\u2019s talk shows for Tuesday, 25 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\/25\/last-nights-talk-shows-for-tuesday-25-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       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href=\"https:\/\/api.whatsapp.com\/send?text=Last+night%E2%80%99s+talk+shows+for+Tuesday%2C+25+February+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F25%2Flast-nights-talk-shows-for-tuesday-25-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\/25\/last-nights-talk-shows-for-tuesday-25-february-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569453\" class=\"content-area-description single-story post-569453 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-diplomacy tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-tax wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Yesterday\u2019s torrential downpour pushed other news stories to the sidelines last night. <\/strong>Television power couple Lamees Al Hadidi (Al Kahera Al Aan, <a href=\"https:\/\/www.youtube.com\/watch?v=rAy73ejfbdo\">watch, runtime: 10:26<\/a>) and Amr Adib (El Hekaya, <a href=\"https:\/\/www.youtube.com\/watch?v=e2OY-Hyu7E8\">runtime: 7:26<\/a>) both took note of the Zamalek FC not making it to the Cairo derby as a result of the rain.<\/p>\n<p><strong>Another topic of interest was the Grand Ethiopian Renaissance Dam<\/strong> as Egypt, Ethiopia and Sudan are expected to sign an agreement by the end of the month after taking off to Washington on Thursday to hash out the final sticking points. Al Hayah Al Youm\u2019s Lobna Assal (<a href=\"https:\/\/www.youtube.com\/watch?v=Ym1EgQZsGpM\">watch, runtime: 0:40<\/a>) and Adib (<a href=\"https:\/\/www.youtube.com\/watch?v=IfixNVuFtHk\">runtime: 3:45<\/a>) both took note.<\/p>\n<p><strong>New tobacco taxes will not increase prices, MP claims: <\/strong>Amendment to the VAT Tax Act that raised taxes on cigarettes by between EGP 1-3 per pack are unlikely to lead to any increase in prices as vendors have already been charging higher prices, House Budgeting Committee deputy chair Rep. Yasser Omar told El Hadidi (<a href=\"https:\/\/www.youtube.com\/watch?v=TyvoWLBURto\">watch, runtime: 4:01<\/a>). The result of such \u201cretail greed\u201d was EGP 6 bn going into the pockets of merchants instead of to the state, Omar added. We have chapter and verse on the new taxes in Speed Round, below.<\/p>\n<p><strong>Is it a good idea to postpone your next car purchase? That\u2019s what the self-appointed Let It Rust campaign is claiming <\/strong>(not that they have any interest in the question\u2026). A new wave of car price drops is expected within the next three months as a result of the EGP appreciation, Let it Rust campaign spokesperson Mohamed Shetta tells Adib (<a href=\"https:\/\/www.youtube.com\/watch?v=V7O9SFRm-_8\">watch, runtime: 4:49<\/a>). (We suggest you not try holding your breath waiting for that to happen.)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/tax\/\">tax<\/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=\"569454\" 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=\"569454\">\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\/25\/hhd-pauses-10-stake-management-contract-amid-conflicting-reports-of-offers\/\">\r\n                            HHD pauses 10% stake + management contract amid conflicting reports of offers                        <\/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\/25\/hhd-pauses-10-stake-management-contract-amid-conflicting-reports-of-offers\/\" 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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HHD has a contingency plan for this scenario, Managing Director Sahar El Damaty told Enterprise without elaborating.<\/p>\n<p><strong>What went wrong?<\/strong> The apparent lack of interest could be an indication that there\u2019s a lack of liquidity among real estate players, real estate analyst Ahmed Ezzeldin told Enterprise, or that some parties had been interested, but ultimately decided they couldn\u2019t deliver on HHD\u2019s requirements.<\/p>\n<p><strong>There are conflicting accounts of whether or not anybody bid on the tender:<\/strong> HHD said in its filing that it didn\u2019t receive any offers, but sources in the investment banking community with whom Enterprise spoke said it is widely believed that SODIC, BPE Partners and Palm Hills actually did submit offers. The three companies, along with Saudi\u2019s Dar Al Arkan, had widely been <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e4a098de-32b7-4881-94da-f3af426608b7\">expected to make bids<\/a> in the tender after purchasing the conditions booklet, El Damaty told Enterprise previously. The contradicting accounts have sown confusion in the market, Pioneers Holding analyst Mohamed Gaballah told us.<\/p>\n<p><strong>The news hit real estate shares on the EGX yesterday. <\/strong>HHD plunged 9.7% to close at EGP 17.01, <a href=\"https:\/\/www.egx.com.eg\/ar\/prices.aspx\">according to EGX data<\/a>. The company\u2019s share price could drop to as low as EGP 14.70 if it breaks the EGP 17 barrier, Naeem Securities\u2019 head of technical analysis Ibrahim El Nemr <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKCN20I0XQ\">tells Reuters<\/a>. SODIC\u2019s shares dropped 4.7% to close at EGP 12.34, and Palm Hills shares were trading at EGP 1.41 apiece by market close, down 5.2%. The debacle also dragged down other real estate shares, including Talaat Moustafa Group (-2.9%), Orascom Development (-6.8%), and MNHD (-3.76%).<\/p>\n<p><strong>So, what\u2019s next?<\/strong> Analysts suggest that HHD could move ahead with a secondary offering on the EGX. The company had been planning to sell a 25% stake \u2014 including 10% to a strategic investor and 15% on the bourse \u2014 and could simply scrap the strategic investor part of that plan, Naeem Holdings analyst Mohamed Nabil <a href=\"https:\/\/www.masrawy.com\/news\/news_economy\/details\/2020\/2\/24\/1730414\/3-%D8%B3%D9%8A%D9%86%D8%A7%D8%B1%D9%8A%D9%88%D9%87%D8%A7%D8%AA-%D9%85%D8%A7%D8%B0%D8%A7-%D8%A8%D8%B9%D8%AF-%D8%B9%D8%B2%D9%88%D9%81-%D8%A7%D9%84%D9%85%D8%B7%D9%88%D8%B1%D9%8A%D9%86-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%8A%D9%8A%D9%86-%D8%B9%D9%86-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D9%85%D8%B5%D8%B1-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-#sectionListing\">tells Masrawy<\/a>. Nabil says it\u2019s unlikely that HHD will re-issue the tender under different terms, but could simply decide to increase its joint projects with private sector players.<\/p>\n<p><strong>There could be another route toward private-sector involvement:<\/strong> Amendments to the Public Enterprises Act, which cabinet is <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/31cdd9e5-c35e-4a8c-89bc-93ceaefd4522\">currently preparing<\/a>, would remove listed companies in which the government owns a 75% stake from the legislation and would bring them within the scope of the Companies Act instead. The law in its current form only applies that stipulation to companies the government holds a 50% stake in. \"The whole point of the secondary offering was to cut the government's current 72% stake in HHD to below 50%\" so that the company would be governed by the Companies Act, El Damaty said.<\/p>\n<p><strong>Why does the legislation matter?<\/strong> If the amendments are passed by cabinet and the House of Representatives, HHD would be considered a private corporation, thus giving its general assembly more flexibility to deliver results.<\/p>\n<p><strong>Where the legislation currently stands:<\/strong> The government was split on expanding the purview of general assemblies, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/27d95a2e-524e-4222-a430-a0b2d42d2ed1\">Public Enterprises Minister Hisham Tawfik had said<\/a>. Tawfik has lobbied for the legislation to be approved, saying that it\u2019s necessary to be able to \u201cchange incompetent management.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/heliopolis-housing-and-development\/\">Heliopolis Housing and Development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/public-enterprises-ministry\/\">Public Enterprises Ministry<\/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\/stake\/\">stake<\/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=\"569470\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569471\" 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=\"569471\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypt-in-the-news-on-25-february-2020\/\">\r\n                            Egypt in the News on 25 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\/25\/egypt-in-the-news-on-25-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\/25\/egypt-in-the-news-on-25-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\/25\/egypt-in-the-news-on-25-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 25 February 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypt-in-the-news-on-25-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\/25\/egypt-in-the-news-on-25-february-2020\/&title=Egypt in the News on 25 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+25+February+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F25%2Fegypt-in-the-news-on-25-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\/25\/egypt-in-the-news-on-25-february-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569471\" class=\"content-area-description single-story post-569471 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt\u2019s furniture craftsmen aren\u2019t all that keen on relocating to the Damietta Furniture <\/strong><strong>City<\/strong>, which the government spent EGP 3.6 bn to develop with a goal of creating a hub for all furniture makers, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N2A90FT\">Reuters says<\/a>. The craftsmen, who already own workshops in Damietta, say they don\u2019t have the money to relocate to the furniture city, and complain that it is far from their homes. The government has so far sold around 400 of the 1,400 workshops in the new city.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569472\" 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=\"569472\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypt-restores-mail-service-to-qatar-despite-diplomatic-row\/\">\r\n                            Egypt restores mail service to Qatar despite diplomatic row                        <\/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\/25\/egypt-restores-mail-service-to-qatar-despite-diplomatic-row\/\" 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\/25\/egypt-restores-mail-service-to-qatar-despite-diplomatic-row\/')\">\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\/25\/egypt-restores-mail-service-to-qatar-despite-diplomatic-row\/\">\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 restores mail service to Qatar despite diplomatic row&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypt-restores-mail-service-to-qatar-despite-diplomatic-row\/\">\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\/25\/egypt-restores-mail-service-to-qatar-despite-diplomatic-row\/&title=Egypt restores mail service to Qatar despite diplomatic row\">\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+restores+mail+service+to+Qatar+despite+diplomatic+row+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F25%2Fegypt-restores-mail-service-to-qatar-despite-diplomatic-row%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\/25\/egypt-restores-mail-service-to-qatar-despite-diplomatic-row\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569472\" class=\"content-area-description single-story post-569472 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt has restored postal services to Qatar last week after a three-year halt <\/strong>due to the Qatar diplomatic row, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N2AO54R\">Reuters reported<\/a>, quoting a UN statement. Saudi Arabia and Bahrain are also expected to follow suit, along with the UAE, which brought back mail services to the Gulf state <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-02-10\/u-a-e-restores-qatar-postal-service-after-years-long-suspension?sref=mmeFTDW1\">earlier this month<\/a>. The move followed a UN Universal Postal Union meeting with postal representatives from the four countries late last month. It is still \u201cnot immediately clear why the service had been restored amid the wider, protracted row,\u201d the newswire 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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign 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=\"569473\" 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=\"569473\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/ganope-to-kick-off-plan-to-explore-for-natgas-in-upper-egypt-next-month\/\">\r\n                            Ganope to kick off plan to explore for natgas in Upper Egypt next month                        <\/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\/25\/ganope-to-kick-off-plan-to-explore-for-natgas-in-upper-egypt-next-month\/\" 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\/25\/ganope-to-kick-off-plan-to-explore-for-natgas-in-upper-egypt-next-month\/')\">\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\/25\/ganope-to-kick-off-plan-to-explore-for-natgas-in-upper-egypt-next-month\/\">\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=Ganope to kick off plan to explore for natgas in Upper Egypt next month&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/ganope-to-kick-off-plan-to-explore-for-natgas-in-upper-egypt-next-month\/\">\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\/25\/ganope-to-kick-off-plan-to-explore-for-natgas-in-upper-egypt-next-month\/&title=Ganope to kick off plan to explore for natgas in Upper Egypt next month\">\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=Ganope+to+kick+off+plan+to+explore+for+natgas+in+Upper+Egypt+next+month+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F25%2Fganope-to-kick-off-plan-to-explore-for-natgas-in-upper-egypt-next-month%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\/25\/ganope-to-kick-off-plan-to-explore-for-natgas-in-upper-egypt-next-month\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569473\" class=\"content-area-description single-story post-569473 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam tag-ganope tag-oil-and-gas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>State-owned South Valley Egyptian Petroleum Holding Company (Ganope) will begin next month conducting seismic scans in Upper Egypt, where it plans to explore for natural gas, <a href=\"https:\/\/ent.news\/2020\/2\/%D8%A8%D9%8A%D9%80%D9%80%D9%80%D9%80%D9%80%D9%80%D8%A7%D9%86-%D8%B5%D8%AD%D9%81%D9%80%D9%80%D9%89.pdf\">according to an Oil Ministry statement<\/a>. Ganope will also soon begin the second round of seismic scans in the Red Sea to gauge the probability of natural gas discoveries after it launched <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/11\/egypt-announces-red-sea-oil-and-gas-bid-rounds-for-10-offshore-blocks\/\">last March<\/a> a tender for 10 oil and gas exploration blocks off the Red Sea coast, three of which were awarded to Chevron, Shell, and the UAE\u2019s Mubadala <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/30\/egypts-oil-ministry-announces-names-of-red-sea-bid-bid-round-winners-9351\/\">in December<\/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\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ganope\/\">Ganope<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569475\" 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=\"569475\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypts-wheat-cultivation-area-hits-3-4-mn-feddans\/\">\r\n                            Egypt\u2019s wheat cultivation area hits 3.4 mn feddans                        <\/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\/25\/egypts-wheat-cultivation-area-hits-3-4-mn-feddans\/\" 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\/25\/egypts-wheat-cultivation-area-hits-3-4-mn-feddans\/')\">\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\/25\/egypts-wheat-cultivation-area-hits-3-4-mn-feddans\/\">\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\u2019s wheat cultivation area hits 3.4 mn feddans&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypts-wheat-cultivation-area-hits-3-4-mn-feddans\/\">\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\/25\/egypts-wheat-cultivation-area-hits-3-4-mn-feddans\/&title=Egypt\u2019s wheat cultivation area hits 3.4 mn feddans\">\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%E2%80%99s+wheat+cultivation+area+hits+3.4+mn+feddans+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F25%2Fegypts-wheat-cultivation-area-hits-3-4-mn-feddans%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\/25\/egypts-wheat-cultivation-area-hits-3-4-mn-feddans\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569475\" class=\"content-area-description single-story post-569475 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-agriculture tag-agriculture-ministry tag-basic-materials-commodities tag-commodities tag-enterpriseam tag-wheat wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt has cultivated 3.4 mn feddans of wheat this season, according to <a href=\"https:\/\/ent.news\/2020\/2\/Agriculture-Ministry-Wheat-Statement.pdf\">an Agriculture Ministry<\/a><a href=\"https:\/\/ent.news\/2020\/2\/Agriculture-Ministry-Wheat-Statement.pdf\">statement (pdf)<\/a>. A ministry official <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eaec1e1b-e1da-451f-98f1-c59cc9fc44ba\">told Reuters earlier this month<\/a> that Egypt cultivated 3.18 mn feddans in the 2019-2020 season.<\/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\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/agriculture-ministry\/\">Agriculture Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wheat\/\">wheat<\/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=\"569476\" 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=\"569476\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypts-kima-to-complete-trial-runs-at-kima-2-fertilizers-factory\/\">\r\n                            Egypt\u2019s Kima to complete trial runs at Kima 2 fertilizers factory                        <\/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\/25\/egypts-kima-to-complete-trial-runs-at-kima-2-fertilizers-factory\/\" 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\/25\/egypts-kima-to-complete-trial-runs-at-kima-2-fertilizers-factory\/')\">\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\/25\/egypts-kima-to-complete-trial-runs-at-kima-2-fertilizers-factory\/\">\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\u2019s Kima to complete trial runs at Kima 2 fertilizers factory&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypts-kima-to-complete-trial-runs-at-kima-2-fertilizers-factory\/\">\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\/25\/egypts-kima-to-complete-trial-runs-at-kima-2-fertilizers-factory\/&title=Egypt\u2019s Kima to complete trial runs at Kima 2 fertilizers factory\">\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%E2%80%99s+Kima+to+complete+trial+runs+at+Kima+2+fertilizers+factory+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F25%2Fegypts-kima-to-complete-trial-runs-at-kima-2-fertilizers-factory%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\/25\/egypts-kima-to-complete-trial-runs-at-kima-2-fertilizers-factory\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569476\" class=\"content-area-description single-story post-569476 post type-post status-publish format-standard hentry category-manufacturing tag-chemical-industries-holding-company tag-enterpriseam tag-kima tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>State-owned Kima will complete today trial runs at its recently-inaugurated fertilizer factory Kima 2 in Aswan, Vice President Waleed Mohamed El Resheed <a href=\"http:\/\/bit.ly\/2w0vhN6\">tells Youm7<\/a>. The project cost EGP 11.6 bn, with 62% of financing coming from a six-bank consortium.<\/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\/chemical-industries-holding-company\/\">Chemical Industries Holding Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kima\/\">Kima<\/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=\"569477\" 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=\"569477\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypts-step-pyramid-of-djoser-to-be-open-for-the-public-soon\/\">\r\n                            Egypt\u2019s step pyramid of Djoser to be open for the public soon                        <\/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\/25\/egypts-step-pyramid-of-djoser-to-be-open-for-the-public-soon\/\" 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\/25\/egypts-step-pyramid-of-djoser-to-be-open-for-the-public-soon\/')\">\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\/25\/egypts-step-pyramid-of-djoser-to-be-open-for-the-public-soon\/\">\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\u2019s step pyramid of Djoser to be open for the public soon&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypts-step-pyramid-of-djoser-to-be-open-for-the-public-soon\/\">\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\/25\/egypts-step-pyramid-of-djoser-to-be-open-for-the-public-soon\/&title=Egypt\u2019s step pyramid of Djoser to be open for the public soon\">\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%E2%80%99s+step+pyramid+of+Djoser+to+be+open+for+the+public+soon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F25%2Fegypts-step-pyramid-of-djoser-to-be-open-for-the-public-soon%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\/25\/egypts-step-pyramid-of-djoser-to-be-open-for-the-public-soon\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569477\" class=\"content-area-description single-story post-569477 post type-post status-publish format-standard hentry category-tourism tag-archaeology tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The recently-restored step pyramid of Djoser will be open for the public soon, <a href=\"http:\/\/bit.ly\/2HNxCh1\">the Antiquities<\/a><a href=\"http:\/\/bit.ly\/2HNxCh1\">Ministry said in a statement<\/a>. A team of British engineers completed work at the pyramid, which is Egypt\u2019s oldest and still stands in the Saqqara necropolis, last April.<\/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\/archaeology\/\">archaeology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569478\" 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=\"569478\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypt-to-roll-out-the-first-of-2k-domestically-made-electric-buses-in-november\/\">\r\n                            Egypt to roll out the first of 2k domestically made electric buses in November                        <\/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\/25\/egypt-to-roll-out-the-first-of-2k-domestically-made-electric-buses-in-november\/\" 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\/25\/egypt-to-roll-out-the-first-of-2k-domestically-made-electric-buses-in-november\/')\">\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\/25\/egypt-to-roll-out-the-first-of-2k-domestically-made-electric-buses-in-november\/\">\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 to roll out the first of 2k domestically made electric buses in November&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypt-to-roll-out-the-first-of-2k-domestically-made-electric-buses-in-november\/\">\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\/25\/egypt-to-roll-out-the-first-of-2k-domestically-made-electric-buses-in-november\/&title=Egypt to roll out the first of 2k domestically made electric buses in November\">\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+to+roll+out+the+first+of+2k+domestically+made+electric+buses+in+November+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F25%2Fegypt-to-roll-out-the-first-of-2k-domestically-made-electric-buses-in-november%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\/25\/egypt-to-roll-out-the-first-of-2k-domestically-made-electric-buses-in-november\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569478\" class=\"content-area-description single-story post-569478 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive tag-automotive-transportation tag-enterpriseam tag-manufacturing tag-transport wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt is planning to produce its first electric bus in November in partnership with Foton Motor, Military Production Minister Mohamed El Assar said, <a href=\"http:\/\/bit.ly\/3c88jE7\">according to Al Mal<\/a>. Under an agreement signed with the Chinese manufacturer <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/02\/usd-3-bn-in-chinese-financing-for-egypt-as-el-sisi-deepens-ties-with-china-at-belt-and-road-forum-in-beijing\/\">last year<\/a>, 2k electric buses will be manufactured domestically by 2023. The ministry has also reached a separate agreement with China\u2019s Geely to manufacture electric cars, El Assar said, without providing details, or a timeframe.<\/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\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/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=\"569479\" 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=\"569479\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egyptair-consortium-tapped-by-nigeria-to-help-overhaul-aviation-industry\/\">\r\n                            EgyptAir consortium tapped by Nigeria to help overhaul aviation industry                        <\/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\/25\/egyptair-consortium-tapped-by-nigeria-to-help-overhaul-aviation-industry\/\" 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\/25\/egyptair-consortium-tapped-by-nigeria-to-help-overhaul-aviation-industry\/')\">\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\/25\/egyptair-consortium-tapped-by-nigeria-to-help-overhaul-aviation-industry\/\">\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=EgyptAir consortium tapped by Nigeria to help overhaul aviation industry&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egyptair-consortium-tapped-by-nigeria-to-help-overhaul-aviation-industry\/\">\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\/25\/egyptair-consortium-tapped-by-nigeria-to-help-overhaul-aviation-industry\/&title=EgyptAir consortium tapped by Nigeria to help overhaul aviation industry\">\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=EgyptAir+consortium+tapped+by+Nigeria+to+help+overhaul+aviation+industry+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F25%2Fegyptair-consortium-tapped-by-nigeria-to-help-overhaul-aviation-industry%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\/25\/egyptair-consortium-tapped-by-nigeria-to-help-overhaul-aviation-industry\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569479\" class=\"content-area-description single-story post-569479 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-africa tag-aviation tag-development tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Nigeria has selected an EgyptAir-led consortium to set up an aircraft leasing company as part of a plan by the African country\u2019s government to develop its neglected aviation sector, <a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFL5N2AO5LW\">reports Reuters<\/a>. The new company will start with leasing planes from international lessors, and then leasing them on domestic flight operators.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569480\" 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=\"569480\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/court-upholds-prison-sentence-for-former-egyptian-customs-authority-head\/\">\r\n                            Court upholds prison sentence for former Egyptian Customs Authority head                        <\/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\/25\/court-upholds-prison-sentence-for-former-egyptian-customs-authority-head\/\" 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\/25\/court-upholds-prison-sentence-for-former-egyptian-customs-authority-head\/')\">\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\/25\/court-upholds-prison-sentence-for-former-egyptian-customs-authority-head\/\">\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=Court upholds prison sentence for former Egyptian Customs Authority head&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/court-upholds-prison-sentence-for-former-egyptian-customs-authority-head\/\">\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\/25\/court-upholds-prison-sentence-for-former-egyptian-customs-authority-head\/&title=Court upholds prison sentence for former Egyptian Customs Authority head\">\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=Court+upholds+prison+sentence+for+former+Egyptian+Customs+Authority+head+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F25%2Fcourt-upholds-prison-sentence-for-former-egyptian-customs-authority-head%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\/25\/court-upholds-prison-sentence-for-former-egyptian-customs-authority-head\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569480\" class=\"content-area-description single-story post-569480 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-administrative-control-authority tag-corruption tag-customs-authority tag-egypt-politics-economics tag-enterpriseam tag-law wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Court of Cassation upheld yesterday a 10-year prison sentence for former Customs Authority Gamal Abdel Azim, who was <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/10\/customs-authority-boss-arrested-on-charges-of-graft-2\/\">arrested in 2018<\/a> on charges of corruption, <a href=\"https:\/\/apnews.com\/6a27f95d8784a1896f4207a2b539a204\">the Associated Press reports<\/a>. Abdel Azim was tried and convicted in Port Said for squandering public funds and profiteering.<\/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\/administrative-control-authority\/\">Administrative Control Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/corruption\/\">Corruption<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/customs-authority\/\">Customs Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"569481\" 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=\"569481\">\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\/25\/french-institute-in-egypt-inaugurates-sodic-west-branch\/\">\r\n                            French Institute in Egypt inaugurates Sodic West branch                        <\/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\/25\/french-institute-in-egypt-inaugurates-sodic-west-branch\/\" 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\/25\/french-institute-in-egypt-inaugurates-sodic-west-branch\/')\">\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\/25\/french-institute-in-egypt-inaugurates-sodic-west-branch\/\">\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=French Institute in Egypt inaugurates Sodic West branch&url=https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/french-institute-in-egypt-inaugurates-sodic-west-branch\/\">\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\/25\/french-institute-in-egypt-inaugurates-sodic-west-branch\/&title=French Institute in Egypt inaugurates Sodic West branch\">\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=French+Institute+in+Egypt+inaugurates+Sodic+West+branch+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F02%2F25%2Ffrench-institute-in-egypt-inaugurates-sodic-west-branch%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\/25\/french-institute-in-egypt-inaugurates-sodic-west-branch\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569481\" class=\"content-area-description single-story post-569481 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam tag-sodic wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>French Institute inaugurates Sodic West branch:<\/strong> The French Institute in Egypt inaugurated this week its new branch at Sodic West\u2019s Tanweer Cultural Center, <a href=\"https:\/\/ent.news\/2020\/2\/SODIC-and-LInstitut-Fran%C3%A7ais-d%C3%89gypte-En_-23feb20.pdf\">according to an emailed statement (pdf)<\/a>. The branch is the institute\u2019s first location in West Cairo.<\/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\/sodic\/\">SODIC<\/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=\"569482\" 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=\"569482\">\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\/25\/the-market-yesterday-37\/\">\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\/25\/the-market-yesterday-37\/\" 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\/25\/the-market-yesterday-37\/')\">\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\/25\/the-market-yesterday-37\/\">\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\/25\/the-market-yesterday-37\/\">\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\/25\/the-market-yesterday-37\/&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%2F25%2Fthe-market-yesterday-37%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\/25\/the-market-yesterday-37\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569482\" class=\"content-area-description single-story post-569482 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 15.49 | Sell 15.62<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.50 | Sell 15.60<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.51 | Sell 15.61<\/p>\n<p><strong>EGX30<\/strong> (Monday): 13,442 (-1.8%)<br \/>\n <strong>Turnover:<\/strong> EGP 687 mn (19% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -3.7%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session down 1.8%. CIB, the index\u2019s heaviest constituent, ended down 0.9%. EGX30\u2019s top performing constituent was CIRA up 1.8%. Yesterday\u2019s worst performing stocks were Heliopolis Housing down 9.7%, Orascom Development Egypt down 6.8% and Palm Hills down 5.2%. The market turnover was EGP 687 mn, and regional investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -14.7 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +49.7 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -35.0 mn<\/p>\n<p><strong>Retail<\/strong>: 48.7% of total trades | 50.7% of buyers | 46.8% of sellers<br \/>\n <strong>Institutions<\/strong>: 51.3% of total trades | 49.3% of buyers | 53.2% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 51.58 (+0.29%)<br \/>\n <strong>Brent:<\/strong> USD 56.54 (+0.43%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.84 MMBtu, (+0.77%, March 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,650.90 \/ troy ounce (-1.53%)<\/p>\n<p><strong>TASI:<\/strong> 7,747.10 (-2.95%) (YTD: -7.65%)<br \/>\n <strong>ADX:<\/strong> 4,931.04 (-2.20%) (YTD: -2.85%)<br \/>\n <strong>DFM:<\/strong> 2,696.23 (-0.79%) (YTD: -2.48%)<br \/>\n <strong>KSE Premier Market:<\/strong> 6,730.18 (-1.73%)<br \/>\n <strong>QE:<\/strong> 9,770.04 (-1.30%) (YTD: -6.29%)<br \/>\n <strong>MSM:<\/strong> 4,156.33 (-0.98%) (YTD: +4.40%)<br \/>\n <strong>BB: <\/strong>1,660.35 (-0.50%) (YTD: +3.12%)<\/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=\"569483\" 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\/25\/569483\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-569483\" class=\"content-area-description single-story post-569483 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>February: An Italian business delegation <a href=\"https:\/\/almalnews.com\/%d9%88%d9%81%d8%af-%d8%a5%d9%8a%d8%b7%d8%a7%d9%84%d9%8a-%d9%8a%d8%b2%d9%88%d8%b1-%d9%85%d8%b5%d8%b1-%d9%81%d8%a8%d8%b1%d8%a7%d9%8a%d8%b1-%d8%a7%d9%84%d9%85%d9%82%d8%a8%d9%84-%d9%84%d9%84%d8%aa%d8%b9\/\">will visit Egypt<\/a> to discuss investments in the Port Said industrial zone.<\/p>\n<p>February: 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>23-29 February (Sunday-Saturday): 20 Egyptian companies <a href=\"http:\/\/bit.ly\/2P0fnJc\">will participate<\/a> in the \u201cEgyptian Trade Week\u201d in Kampala, Uganda.<\/p>\n<p>28-29 February (Friday-Saturday): <a href=\"http:\/\/bit.ly\/32gL3iK\">Egypt Career Summit<\/a>, The Greek Campus, Cairo, Egypt.<\/p>\n<p>March: An international conference <a href=\"http:\/\/bit.ly\/39FeKfU\">to market investment prospects<\/a> in the Suez Canal Economic Zone.<\/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 (Sunday): <a href=\"https:\/\/www.pdac.ca\/convention\/programming\/presentation-reception-rooms\/sessions\/presentation-reception-rooms\/egyptian-mining-day-(reception-room)\">Egyptian Mining Day<\/a>, Prospectors & Developers Association of Canada Convention, Toronto, Canada.<\/p>\n<p>1 March (Sunday): <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>5-8 March (Wednesday-Saturday): 25 Egyptian companies will participate in <a href=\"https:\/\/almalnews.com\/25-%d8%b4%d8%b1%d9%83%d8%a9-%d9%85%d8%b5%d8%b1%d9%8a%d8%a9-%d8%aa%d8%b4%d8%a7%d8%b1%d9%83-%d8%a8%d9%85%d9%86%d8%aa%d8%af%d9%89-%d8%a7%d9%84%d8%a7%d8%b3%d8%aa%d8%ab%d9%85%d8%a7%d8%b1-%d9%81%d9%8a\/\">a forum on investment in startups<\/a> in Saudi\u2019s King Abdullah Economic City.<\/p>\n<p>6-8 March (Friday-Sunday): <a href=\"http:\/\/www.uabonline.org\/en\/events\/conferences\/chiefriskofficerscrosinarabbanks\/72792\/0\">Arab Banking Forum<\/a>, for heads of risk management in Arab banks, organized by the Union of Arab Banks,with the Central Bank of Egypt and the Federation of Egyptian Banks.<\/p>\n<p>7 March (Saturday): <a href=\"https:\/\/www.ecrg.de\/en\/events\/196-international-investment-conference-suez-canal-economic-zone\">International Investment Conference for the Suez Canal Economic Zone<\/a>, 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>24 March (Tuesday): <a href=\"https:\/\/hapijournal.com\/2020\/02\/23\/%e2%80%aa%d8%a7%d9%86%d8%b7%d9%84%d8%a7%d9%82-%d8%a7%d9%84%d9%82%d9%85%d8%a9-%d8%a7%d9%84%d8%b3%d9%86%d9%88%d9%8a%d8%a9-%d9%84%d9%84%d8%b5%d8%a7%d8%af%d8%b1%d8%a7%d8%aa-24-%d9%85%d8%a7%d8%b1%d8%b3\/\">The Annual Export Summit<\/a>, Cairo, Egypt<\/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>9 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>12 April (Sunday): <a href=\"https:\/\/ent.news\/2020\/2\/240116_1.pdf\">Court session for Amer Group<\/a>, Porto Group compensation claim against Antaradous<\/p>\n<p>19 April (Sunday): <a href=\"https:\/\/ent.news\/2020\/2\/%D8%A7%D8%B1%D8%A7%D8%A8%D9%8A%D8%A7-24-2-2020.pdf\">Court session for Arabia Investments Holdings\u2019<\/a> <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>.<\/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 May (Saturday): An administrative court will look into an appeal by steel rolling mills to overturn a government\u2019s decision to place import tariffs on steel rebar and iron billets. The hearing <a href=\"http:\/\/bit.ly\/32gKHbU\">was postponed<\/a> from 22 February 2020.<\/p>\n<p>23-26 May (Saturday-Tuesday): Eid El Fitr (TBC).<\/p>\n<p>4-6 June (Thursday-Saturday): <a href=\"https:\/\/sommetafriquefrance202a0.org\/en\/\">2020 Africa-France Summit<\/a>, Bordeaux, France.<\/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>24 September- 2 October (Thursday-Friday): <a href=\"http:\/\/elgounafilmfestival.com\/\">El Gouna Film Festival<\/a>, El Gouna, Egypt.<\/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>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>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":569450,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-569449","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"48360874-c9a0-4308-b671-580c00d347bc","teaser":"","photo_url":"https:\/\/ent.news\/2020\/2\/313.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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