{"id":570117,"date":"2020-03-19T04:19:44","date_gmt":"2020-03-19T04:19:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=570117"},"modified":"2025-12-16T07:17:57","modified_gmt":"2025-12-16T07:17:57","slug":"flights-into-and-out-of-egypt-are-grounded-at-noon-today-until-31-march","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/flights-into-and-out-of-egypt-are-grounded-at-noon-today-until-31-march\/","title":{"rendered":"Flights into and out of Egypt are grounded at noon today until 31 March"},"content":{"rendered":"<section id=\"570119\" 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=\"570119\">\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\/03\/19\/what-were-tracking-on-19-march-2020\/\">\r\n                            What we\u2019re tracking on 19 March 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\/03\/19\/what-were-tracking-on-19-march-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The Madbouly government has said it will make sure that foreign visitors who stay past the deadline to finish out their trips can still get home and aren\u2019t here in lockdown with us for the duration. Cargo flights will not be suspended at this time, officials have said.<\/p><p><strong>The Armed Forces have not started deploying to enforce a curfew<\/strong>, the military\u2019s official spokesman <a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/photos\/a.219625808168409\/1904569146340725\/?type=3&amp;theater\">said last night<\/a> amid persistent rumors that we were about to face a curfew as has been imposed in some European and American jurisdictions. \u201cThe Armed Forces, in cooperation with state agencies, continue their preparations to confront the threat of the novel coronavirus,\u201d the statement added.<\/p><p><strong>We saw common sense moves from regulators in Egypt yesterday <\/strong>as the FRA gave publicly traded companies more time to submit their financial statements for FY2019. We expect deadlines for AGMs to be pushed out in tandem, and the FRA has also <strong>extended the filing deadline for 1Q results<\/strong>.<\/p><p><strong>The authority has also given businesses some breathing room <\/strong>by instructing leasing and factoring companies to delay payments for clients by up to six months. We have chapter and verse on both initiatives at the head of this morning\u2019s Speed Round.<\/p><p><strong>Other authorities will need to step up, too in the days ahead \u2014 and with smart policies<\/strong> <strong>that benefit not only listed companies:<\/strong> Privately-owned firms account for the substantial majority of private-sector economic activity and will need support, too. <strong>But don\u2019t roll help out too fast: <\/strong>As tense as things are in Egypt right now, we\u2019re not in the same boat as our counterparts in Europe. There\u2019s something to be said for having more bullets in the chamber.<\/p><p><strong>SMART POLICY SUGGESTION #1- Extend the tax filing and payment deadlines for<\/strong> <strong>businesses and individuals by 60-90 days. <\/strong>The idea was suggested to us by a number of very smart readers yesterday, and it makes sense: We\u2019re at the height of tax preparation season. The disruption has so far been \u2026 substantial. And we wouldn\u2019t be alone in looking at this kind of initiative: \u201cTreasury Secretary Steven Mnuchin said Tuesday that taxpayers can delay paying their income taxes on as much as USD 1 mn in taxes owed for up to 90 days,\u201d <a href=\"https:\/\/www.cnbc.com\/2020\/03\/17\/treasury-and-irs-to-delay-tax-deadline-by-90-days.html\">CNBC reports<\/a>. Frankly, it just makes sense.<\/p><p><strong>POLICY SUGGESTION #2- Start planning on a bridge loan program for all Egyptian<\/strong> <strong>businesses<\/strong>, from SAEs and LLCs to sole proprietorships, from SMEs to large corporations. A modified version of what Andrew Ross Sorkin (the chronicler of the global financial crisis) <a href=\"https:\/\/www.nytimes.com\/2020\/03\/18\/business\/dealbook\/coronavirus-economy-bailout-plan.html?referringSource=articleShare\">suggested yesterday<\/a>: If you paid taxes in 2018, you get a \u201cno-interest \u2018bridge loan\u2019 guaranteed for the duration of the crisis to be paid back over a five-year period. <strong>The only condition of the loan to businesses would be that companies continue to employ at least 90 percent of their work force at the same wage<\/strong> that they did before the crisis.\u201d Expensive? Yup. But the alternative could be even costlier, as Sorkin points out. We\u2019re not sure this one has legs (yet), but it\u2019s an example of the type of creativity in policy making to which we may need to resort.<\/p><p><strong>Oh, and granny here [redacted] speaks for all of us here at Enterprise <\/strong>when it comes to those who are panic-hoarding in certain districts (<a href=\"https:\/\/twitter.com\/drjameskent3\/status\/1239534336996761609?s=12\">watch, runtime, 1:21<\/a>). (Warning: If little kids are in earshot, you might want to wait before watching.)<\/p><hr class=\"grey-line\"><p><strong>How do markets look today? <b>?<\/b><\/strong><\/p><p>(Japan is the only market posting gains in Asia as we dispatch this morning\u2019s edition. China, Hong Kong and South Korea are deeply in the red, as is India, and futures suggest Europe and the US will open in the red later today, too.)<\/p><hr class=\"grey-line\"><p><strong>COVID-19 IN EGYPT-<\/strong><\/p><p><strong>Egypt now has 210 cases of covid-19 <\/strong>after 14 more cases were confirmed yesterday, a <a href=\"https:\/\/bit.ly\/3adjAlv\">Health Ministry statement<\/a> said last night. The new cases include 12 Egyptians and two foreign citizens, and all are cases of community transmission, according to the ministry statement. Of the 210 total cases, 28 have now fully recovered and been discharged from hospital. Twelve others have had a first negative PCR test and are still in hospital under observation. <strong>The total death toll is unchanged from yesterday at six people.<\/strong><\/p><p><strong>As of today, there will be a total of fourteen covid-19 test centers open nationwide<\/strong>, according Nancy El-Guindy from the Ministry of Health\u2019s Central Laboratories Department. She was speaking on Wael El-Ibrachy\u2019s show El Taseaa on state-owned Channel 1 (<a href=\"https:\/\/www.youtube.com\/watch?v=AGeJ_rx_Tdc\">watch, runtime: 5:51<\/a>). The count includes 13 satellite facilities and the central lab in Cairo.<\/p><p><strong>The traffic police will not be issuing car or driver\u2019s licenses until 16<\/strong> <strong>April<\/strong>. Fees and fines can be paid in the interim at the post office or by Fawry, <a href=\"https:\/\/www.youm7.com\/story\/2020\/3\/18\/%D8%A8%D8%B9%D8%AF-%D8%AA%D8%B9%D9%84%D9%8A%D9%82-%D8%A7%D9%84%D8%AA%D8%B1%D8%A7%D8%AE%D9%8A%D8%B5-%D8%A8%D8%B3%D8%A8%D8%A8-%D9%83%D9%88%D8%B1%D9%88%D9%86%D8%A7-%D8%A7%D9%84%D8%A8%D8%B1%D9%8A%D8%AF-%D9%88%D9%81%D9%88%D8%B1%D9%89-%D9%88%D8%B3%D9%8A%D9%84%D8%AA%D8%A7-%D8%B3%D8%AF%D8%A7%D8%AF-%D8%B6%D8%B1%D9%8A%D8%A8%D8%A9\/4677153\">Youm7 reports<\/a>.<\/p><p><strong>South Sinai governorate <\/strong><strong><a href=\"https:\/\/alborsaanews.com\/2020\/03\/18\/1309030\">will quarantine tourism industry workers<\/a><\/strong><strong> for 14 days starting<\/strong> <strong>today <\/strong>before being allowed them to leave the governorate for their homes of record. The move mirrors one announced earlier this week by the Red Sea governorate.<\/p><p><strong>The two governorates are not entirely sealed off:<\/strong> Tourists are being allowed to leave on schedule, Information Minister Osama Heikal said, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=18032020&amp;id=f82071c3-1e72-4434-810f-46e3580460fa\">according to Al Shorouk<\/a>. No new visitors are being allowed in, including domestic tourists.<\/p><p><strong>Friday is a national (deep) cleaning day: <\/strong>The Health Ministry wants businesses and the government alike to make Friday a cleaning day to sanitize everything in sight, from offices to public buildings and transportation infrastructure, according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1539945379517155?__tn__=K-R\">cabinet statement<\/a>.<\/p><p><strong>Social distancing at businesses that can\u2019t work remotely: <\/strong>The folks at <a href=\"http:\/\/bit.ly\/2wa3tq4\">Al Mal<\/a>have a rundown on how manufacturers are trying to reduce exposure for their people while still remaining open. The measures range from shorter workdays to shorter workweeks, running one shift instead of two, and replacing on-site meal service with a cash stipend.<\/p><p><strong>The <\/strong><strong>Finance Ministry is offering fee exemptions for private citizens filing taxes<\/strong><strong> online<\/strong> in a bid to discourage in-person payments at tax offices, <a href=\"https:\/\/www.incometax.gov.eg\/news-d.php?id=53\">according to an official statement<\/a>. The exemption is valid for this year only. The ministry and the Tax Authority <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf62f2e5-aa21-43f1-b344-085c08c92162\">had asked citizens<\/a> to join <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/72e094e2-5cf4-4457-a0a9-bbdebc078fa0\">companies<\/a>in filing their taxes online before the tax season ends this month, as part of Egypt\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/264efa9e-21cf-463d-9bcd-be3a9b1e9db4\">new unified digital tax payment system<\/a>.<\/p><p><strong>Clearing out the customs office: <\/strong>The Trade Ministry has suspended the need for importers to get Egyptian embassies to authenticate certificates of origin provided by sellers abroad as a condition of customs clearance, <a href=\"http:\/\/bit.ly\/2UhTFlR\">Al Mal reports<\/a><strong>. <\/strong><\/p><p><strong>The Supply Ministry will not be issuing new ration cards<\/strong> or allowing transfers between governorates, until further notice. Lost cards can be replaced through the Support Egypt website <a href=\"https:\/\/www.tamwin.com.eg\/\">Tamwin.com.eg<\/a>, which can also be used to register death notifications, <a href=\"http:\/\/bit.ly\/3968vAZ\">Al Mal reports<\/a>.<\/p><p><strong>Businesses are starting to queue up for help:<\/strong> Mohamed Embaby, head of the cafes and restaurants division of the Giza Chamber of Commerce, will ask the government to exempt the sector from paying utilities and social security for six months and provide soft loans, <a href=\"https:\/\/alborsaanews.com\/2020\/03\/18\/1309159\">the local press reports<\/a>.<\/p><p><strong>Otlob waives delivery fees:<\/strong> Otlob has reportedly begun waiving delivery fees on most food to encourage people to stay at home, <a href=\"https:\/\/alborsaanews.com\/2020\/03\/18\/1309159\">according to the local press<\/a>.<\/p><hr class=\"grey-line\"><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/Fan-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>GLOBAL RESPONSE- <\/strong><\/p><p><strong>Saudi Arabia has suspended all work in the private sector for 15 days<\/strong> with exceptions only for healthcare providers and food services, <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-saudi-work\/saudi-arabia-suspends-work-in-private-sectors-except-health-and-food-for-15-days-idUSKBN214496\">according to Reuters<\/a>.<\/p><p><strong>The kingdom has also closed all mosques in the country<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/graphics\/2020-wuhan-novel-coronavirus-outbreak\/?sref=mmeFTDW1\">according to Bloomberg<\/a>.<\/p><p><strong>The UAE will <\/strong><strong><a href=\"https:\/\/twitter.com\/UAEEmbassyUK\/status\/1240221493486858240\">temporarily stop issuing entry visas<\/a><\/strong><strong> on arrival <\/strong>starting 19 March, excluding holders of diplomatic passports. Dubai is also <a href=\"https:\/\/www.zawya.com\/mena\/en\/business\/story\/Covid19_Dubai_temporarily_suspends_issuance_of_all_business_event_permits-ZAWYA20200318070830\/\">suspending the issuance<\/a>event permits until the end of the month.<\/p><p><strong>The US Fed will backstop the money-market mutual-fund sector <\/strong>it said just before midnight, announcing it will \u201cestablish a facility to lend to money-market funds: after having secured USD 10 bn from the US Treasury to \u201cprotect against losses,\u201d the <a href=\"https:\/\/www.wsj.com\/articles\/federal-reserve-will-backstop-money-market-mutual-funds-amid-coronavirus-11584588654\">WSJ reported<\/a> moments before we hit \u201csend\u201d on this morning\u2019s issue.<\/p><p><strong>Two rounds of direct checks to American citizens may be on their way <\/strong>\u2014 and you know the SHTF when US Republicans are clamouring for what is effectively a nationwide universal basic income program. The Treasury wants USD 500 bn of a USD 1 tn relief package to be issued in direct checks to Americans, a first set on 6 April, and a second round in mid-May, <a href=\"https:\/\/apnews.com\/0f6c483ce758c5d3ac6db46a6cf9c4e8\">the Associated Press reported<\/a>.<\/p><p><strong>The US is moving into war economy mode:<\/strong> President Trump yesterday announced he would invoke Korean-war era legislation giving him emergency powers to force industries to expand production and re-route the allocation of resources, <a href=\"https:\/\/apnews.com\/4581ea83f606e5bb1833378c77cd63c4\">according to the AP<\/a>.<\/p><p><strong>Canada and the US have <\/strong><strong><a href=\"https:\/\/www.cbc.ca\/news\/politics\/canada-us-border-deal-1.5501289\">closed their border<\/a><\/strong> to \u201cnon-essential\u201d traffic, but said it would be open to people who commute to work on either side of the border (including healthcare professionals) as well as to trains and trucks moving goods.<\/p><p><strong>Canada\u2019s banks are closing branches and moving to shorter work hours<\/strong>, the <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-canadas-big-banks-to-limit-hours-reduce-branches-in-wake-of-spread\/\">Globe &amp; Mail<\/a> reports.<\/p><p><strong>The Canadian government will roll out a fiscal package worth some USD 56.7 bn <\/strong>\u2014 <strong>equivalent to<\/strong><strong> 3% of annual GDP <\/strong>\u2014 in the form of temporary tax deferrals (around USD 38 bn) and direct support to individuals and companies (around USD 19 bn), <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-03-18\/trudeau-said-to-plan-virus-support-worth-1-of-canada-s-economy?sref=mmeFTDW1\">Prime Minister Justin Trudeau announced<\/a>.<\/p><p><strong>UK shutters schools, could be heading for lockdown:<\/strong> Europe\u2019s second biggest economy yesterday signalled it could be joining France, Spain, Italy and <a href=\"https:\/\/www.euractiv.com\/section\/coronavirus\/news\/belgium-enters-lockdown-over-coronavirus-crisis-until-5-april\/\">Belgium<\/a> in locking down its society. <a href=\"https:\/\/www.bbc.co.uk\/news\/uk-51952314\">UK PM Boris Johnson announced<\/a> the closure of the country\u2019s education system and the cancellation of exams in the evening, and although he promised no new measures on Thursday, <a href=\"https:\/\/www.ft.com\/content\/e8c98d1c-6926-11ea-a3c9-1fe6fedcca75\">government officials said<\/a> a lockdown on the capital could be announced tomorrow.<\/p><p><strong>The new Bank of England governor promised unlimited funding for businesses:<\/strong> Andrew Bailey assured businesses that the bank is willing to plow unlimited amounts of money into the economy by buying up commercial paper, <a href=\"https:\/\/www.ft.com\/content\/bfb22e3e-6921-11ea-800d-da70cff6e4d3\">the Financial Times says<\/a>.<\/p><p><strong>The ECB in EUR 750 bn new asset-purchase program:<\/strong> <a href=\"https:\/\/www.ecb.europa.eu\/press\/pr\/date\/2020\/html\/ecb.pr200318_1~3949d6f266.en.html\">The European Central Bank<\/a><a href=\"https:\/\/www.ecb.europa.eu\/press\/pr\/date\/2020\/html\/ecb.pr200318_1~3949d6f266.en.html\">announced<\/a> a \u2018Pandemic Emergency Purchase Program\u2019 that will see it purchase up to EUR 750 bn of commercial paper, and government and corporate bonds by the end of the year.<\/p><p><strong>Turkey unveiled <\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-03-18\/turkey-announces-15-4-billion-plan-to-counter-virus-outbreak?srnd=premium-middle-east&amp;sref=mmeFTDW1\">a USD 15.4 bn stimulus package<\/a><\/strong> of tax cuts and payment deferrals.<\/p><p><strong>WHO says regional communications over covid-19 are falling short:<\/strong> The WHO\u2019s regional director for the Eastern Mediterranean is urging Middle Eastern countries to step up cooperation and information sharing with the organization as fears over inaccurate covid-19 reporting are rising, <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-mideast\/mideast-states-must-share-more-information-on-coronavirus-cases-who-idUSKBN2151AP\">Reuters reports<\/a>.<\/p><hr class=\"grey-line\"><p><strong>WAIT, THERE IS GOOD NEWS-<\/strong><\/p><p><strong>The European Bank of Reconstruction and Development <\/strong><strong><a href=\"https:\/\/www.ebrd.com\/news\/2020\/-coronavirus-will-hit-economies-across-all-ebrd-regions.html\">has said that recovery could be<\/a><\/strong><strong><a href=\"https:\/\/www.ebrd.com\/news\/2020\/-coronavirus-will-hit-economies-across-all-ebrd-regions.html\">\u201crobust\u201d<\/a><\/strong><strong> in its regions<\/strong> after weathering the initial economic shock.<\/p><p><strong>There were no new infections in Wuhan<\/strong>, previously the epicenter of the outbreak, <a href=\"http:\/\/www.xinhuanet.com\/english\/2020-03\/19\/c_138894045.htm?fbclid=IwAR2td2EtM4DsTxRWv3vavA0m02UpeZvRs0YhqG2HSImHe85ROojNdtOIpYU\">Chinese<\/a><a href=\"http:\/\/www.xinhuanet.com\/english\/2020-03\/19\/c_138894045.htm?fbclid=IwAR2td2EtM4DsTxRWv3vavA0m02UpeZvRs0YhqG2HSImHe85ROojNdtOIpYU\">authorities announced yesterday<\/a>.<\/p><p class=\"web-image stand-out-borderless\"><a href=\"http:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/Jetty-Web-1.png?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>TIPS FROM MCKINSEY- Suggestions for how to plan your own company policies<\/strong> to protect your workforce, while maintaining some sort of continuity on the operational front, courtesy of <a href=\"https:\/\/ent.news\/2020\/3\/COVID-19-Facts-and-Insights-March-16-v3.pdf\">McKinsey &amp; Company (pdf)<\/a>:<\/p><ul>\n<li><strong>Put in place clear policies that prioritize the health of your employees<\/strong> and are in line with public health recommendations. This includes setting up your people for remote work if necessary, or creating a rotating schedule or staggering shift system if physical presence is necessary;<\/li>\n<li><strong>Double down on clear communication.<\/strong> That applies to top-down and bottom-up communication, and establishing a clear line of communication with health officials and healthcare providers if necessary;<\/li>\n<li><strong>Assess where your business operations stand, and how you can best optimize them<\/strong>, including diversifying suppliers, estimating realistic customer demand, and planning for different scenarios;<\/li>\n<li><strong>Bear in mind the situation today is not going to be the same in a few weeks or months.<\/strong> Hope for the best, but plan realistically with the information that\u2019s out there.<\/li>\n<\/ul><p><strong>COVID TIP OF THE DAY: What steps can you take to protect older people from covid-19?<\/strong> Ensure the older and more vulnerable people in your life follow official guidelines, including regular handwashing, keeping social interactions to an absolute minimum, using telemedicine if possible to attend doctor\u2019s appointments remotely, and stocking up on essential supplies, including medicine, this<a href=\"https:\/\/www.nytimes.com\/2020\/03\/14\/health\/coronavirus-elderly-protection.html?algo=identity&amp;fellback=false&amp;imp_id=72016742&amp;imp_id=270614045&amp;action=click&amp;module=Science%20%20Technology&amp;pgtype=Homepage\">New York Times piece<\/a> advises.<\/p><p><strong>Rowing might just be your best at-home workout buddy.<\/strong> Rowing machines are the most sensible home exercise solution, when compared to running on a treadmill or spinning. Research has found that the activity uses 86% of the body\u2019s musculature and is good for joints, strength training, and cardiovascular endurance, <a href=\"https:\/\/www.wsj.com\/articles\/the-best-home-workout-machine-its-not-a-treadmill-11584473963?mod=hp_listc_pos3\">according to the WSJ<\/a>.<\/p><p class=\"web-image\"><a href=\"https:\/\/www.apple.com\/newsroom\/2020\/03\/apple-unveils-new-ipad-pro-with-lidar-scanner-and-trackpad-support-in-ipados\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/Apple_new-iPad-Pro-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>It may be the End of the World as We Know It <\/strong>(<a href=\"https:\/\/www.youtube.com\/watch?v=OA_CndlBu0g\">with apologies to REM<\/a>) <strong>but we\u2019re still <\/strong><strong>iSheep: <\/strong>Apple announced yesterday a new iPad Pro with a backlit keyboard, track pad and new hinge system that has us cursing covid-19 even louder than we were before. You can check out <a href=\"https:\/\/www.macstories.net\/news\/the-new-ipad-pro-and-magic-keyboard-with-trackpad-the-macstories-overview\/\">iPad productivity guru Federico Vittici\u2019s rundown here<\/a> (from lockdown in Italy) or <a href=\"https:\/\/www.apple.com\/newsroom\/2020\/03\/apple-unveils-new-ipad-pro-with-lidar-scanner-and-trackpad-support-in-ipados\/\">read Apple\u2019s announcement<\/a> or check out its <a href=\"https:\/\/www.apple.com\/ipad-pro\/\">product page<\/a>.<\/p><p><strong>*** A QUICK PROGRAMMING NOTE:<\/strong> My Morning Routine, our popular Thursday section, is on hiatus for the duration, as our grandparents would have said, as we focus on bringing you wall to wall coverage of this lousy virus.<\/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\" 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type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-covid-19 tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-hala-zayed tag-health-ministry tag-pandemic tag-politics tag-world-health-organization wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The first order of the night: The daily covid-19 update.<\/strong> Masaa DMC\u2019s Ramy Radwan reviewed the Health Ministry\u2019s daily statement on covid-19 cases, which rose to 210 yesterday after 12 Egyptians and two foreigners tested positive for the virus. Of the total number of cases discovered since the virus entered the country, 40 have now tested negative and 28 have fully recovered <a href=\"https:\/\/www.youtube.com\/watch?v=V9oo2G8Lex8\">(watch, runtime: 1:39)<\/a>. Min Masr\u2019s Amr Khalil also covered the statement <a href=\"https:\/\/www.youtube.com\/watch?v=HQ_40EdkCKc\">(watch, runtime: 2:01)<\/a>.<\/p>\n<p><strong>Egypt following WHO\u2019s recommendations -Zayed:<\/strong> Al Hayah Al Youm\u2019s Lobna Assal covered Hala Zayed\u2019s meeting with the cabinet, during which she confirmed that Egypt has now received 27k rapid detectors and will obtain another 75k soon, she said, adding that the ministry will screen all travelers returning from Umrah and request that they self-isolate. Tourism workers in hotspots such as Luxor, Aswan and South Sinai will not be able to travel out of their homes for 14 days as a precautionary measure, she said <a href=\"https:\/\/www.youtube.com\/watch?v=KLLQ0ph42jI\">(watch, runtime: 0:44)<\/a> <a href=\"https:\/\/www.youtube.com\/watch?v=N6buFiorhII\">(watch, runtime: 0:51)<\/a>. Masaa DMC\u2019s Ramy Radwan also covered Zayed\u2019s statement to the cabinet <a href=\"https:\/\/www.youtube.com\/watch?v=9loZZkotGG4\">(watch, runtime: 1:22)<\/a>.<\/p>\n<p><strong>Interview with WHO advisor:<\/strong> Min Masr\u2019s Amr Khalil spoke with WHO advisor Maha Al-Rabat who said that the global health body allows each country to take precautionary measures specific to their circumstances <a href=\"https:\/\/www.youtube.com\/watch?v=778RJBxc0oE\">(watch, runtime: 10:12)<\/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\/covid-19\/\">covid-19<\/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\/hala-zayed\/\">Hala Zayed<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-ministry\/\">Health Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pandemic\/\">pandemic<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-health-organization\/\">World Health Organization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"570122\" 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=\"570122\">\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\/03\/19\/market-regulator-extends-the-financial-statement-submissions-deadline-to-the-end-of-april\/\">\r\n                            Market regulator extends the financial statement submissions deadline to the end of April                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/market-regulator-extends-the-financial-statement-submissions-deadline-to-the-end-of-april\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/market-regulator-extends-the-financial-statement-submissions-deadline-to-the-end-of-april\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/market-regulator-extends-the-financial-statement-submissions-deadline-to-the-end-of-april\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Market regulator extends the financial statement submissions deadline to the end of April&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/market-regulator-extends-the-financial-statement-submissions-deadline-to-the-end-of-april\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/market-regulator-extends-the-financial-statement-submissions-deadline-to-the-end-of-april\/&title=Market regulator extends the financial statement submissions deadline to the end of April\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Market+regulator+extends+the+financial+statement+submissions+deadline+to+the+end+of+April+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F19%2Fmarket-regulator-extends-the-financial-statement-submissions-deadline-to-the-end-of-april%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/market-regulator-extends-the-financial-statement-submissions-deadline-to-the-end-of-april\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/222.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"570123\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/market-regulator-extends-the-financial-statement-submissions-deadline-to-the-end-of-april\/222-jpg-17\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/222.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"222.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/222.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/222.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570122\" class=\"content-area-description single-story post-570122 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-earnings tag-egx tag-enterpriseam tag-financial-regulatory-authority tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>REGULATION WATCH- Regulator extends financial statement submission deadline, <\/strong><strong>allows trading via email, text:<\/strong> The Financial Regulatory Authority (FRA) decided yesterday to extend the deadline for EGX-listed companies to submit their financial statements for 4Q2019 to 30 April, <a href=\"https:\/\/www.egx.com.eg\/downloads\/fra_decree_42_for_2020_-_fs_18-03-2020_english.pdf\">according to an official statement (pdf)<\/a>. The deadline to disclose 1Q2020 financials has been extended to 15 June.<\/p>\n<p><strong>Trading in the time of covid-19:<\/strong> The authority is now allowing brokerages to receive buy and sell orders via email or texting apps as long as the order bears the approved signature of clients and the approval of the customer, <a href=\"http:\/\/www.fra.gov.eg\/content\/efsa_ar\/efsa_news\/efsa_857.htm\">an official statement reads<\/a>.<\/p>\n<p><strong>The FRA is also giving EGX-listed companies the option to hold general assembly <\/strong><strong>meetings online<\/strong>, provided they have an effective online system in place. The decision comes as companies are increasingly shifting to remote working and social distancing to curb the spread of the virus. <strong>We\u2019ve been told that official custodian MCDR is developing the official voting system<\/strong>, so watch this space for more news.<\/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\/earnings\/\">earnings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/financial-regulatory-authority\/\">Financial Regulatory Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"570136\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"570137\" 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=\"570137\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/catch-of-the-day\/\">\r\n                            Catch of the day...                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/catch-of-the-day\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n        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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\/03\/19\/catch-of-the-day\/&title=Catch of the day...\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Catch+of+the+day...+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F19%2Fcatch-of-the-day%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/catch-of-the-day\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/229.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"570138\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/catch-of-the-day\/229-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/229.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"229.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/229.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/229.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570137\" class=\"content-area-description single-story post-570137 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>...and everyone\u2019s a winner!<\/strong><\/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\/image-of-the-day\/\">IMAGE OF THE DAY<\/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=\"570139\" 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=\"570139\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/egypt-in-the-news-on-19-march-2020\/\">\r\n                            Egypt in the News on 19 March 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\/03\/19\/egypt-in-the-news-on-19-march-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\/03\/19\/egypt-in-the-news-on-19-march-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\/03\/19\/egypt-in-the-news-on-19-march-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 19 March 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/egypt-in-the-news-on-19-march-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\/03\/19\/egypt-in-the-news-on-19-march-2020\/&title=Egypt in the News on 19 March 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+19+March+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F19%2Fegypt-in-the-news-on-19-march-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\/03\/19\/egypt-in-the-news-on-19-march-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570139\" class=\"content-area-description single-story post-570139 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-covid-19 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>This morning in the foreign press: <\/strong>Novelist Ahdaf Soueif was one of three women arrested after they staged a demonstration to demand the government release prisoners amid fears of a covid-19 outbreak in the country\u2019s prisons, <a href=\"https:\/\/www.theguardian.com\/world\/2020\/mar\/18\/egypt-arrests-activists-calling-prisoners-release-coronavirus-ahdaf-soueif\">the Guardian reports<\/a>. The prosecutor ordered their release late last night, <a href=\"http:\/\/bit.ly\/390dK5w\">local media reported<\/a>. Three of them were related to Alaa Abdel Fattah, the longtime, high-profile activist <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/30\/activist-alaa-abdel-fattah-rearrested-amid-government-protest-crackdown\/\">who was detained<\/a> again last year, not long after having been released from prison.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"570140\" 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=\"570140\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/africa-could-be-well-placed-to-cope-with-the-covid-19-outbreak\/\">\r\n                            Africa could be well-placed to cope with the covid-19 outbreak                        <\/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\/03\/19\/africa-could-be-well-placed-to-cope-with-the-covid-19-outbreak\/\" 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\/03\/19\/africa-could-be-well-placed-to-cope-with-the-covid-19-outbreak\/')\">\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\/03\/19\/africa-could-be-well-placed-to-cope-with-the-covid-19-outbreak\/\">\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=Africa could be well-placed to cope with the covid-19 outbreak&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/africa-could-be-well-placed-to-cope-with-the-covid-19-outbreak\/\">\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\/03\/19\/africa-could-be-well-placed-to-cope-with-the-covid-19-outbreak\/&title=Africa could be well-placed to cope with the covid-19 outbreak\">\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=Africa+could+be+well-placed+to+cope+with+the+covid-19+outbreak+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F19%2Fafrica-could-be-well-placed-to-cope-with-the-covid-19-outbreak%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\/03\/19\/africa-could-be-well-placed-to-cope-with-the-covid-19-outbreak\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/230.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"570141\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/africa-could-be-well-placed-to-cope-with-the-covid-19-outbreak\/230-jpg-15\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/230.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"230.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/230.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/230.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570140\" class=\"content-area-description single-story post-570140 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-africa tag-covid-19 tag-dr-congo tag-enterpriseam tag-south-africa tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Could covid-19\u2019s late arrival in sub-Saharan Africa leave it better-positioned to cope than the rest of the world<\/strong><strong>?<\/strong> While the virus has continued to spread around the world at breakneck speed, Africa has until now escaped relatively unscatched \u2014 a blessing considering the fragility of many of the continent\u2019s healthcare systems. While watching from a safe distance, African countries have been preparing for the virus\u2019 inevitable arrival: 40 countries are now equipped to test for covid-19 (from only two in January), while the continent has also been able to learn from the successes and failures of its peers. That\u2019s all without taking into account Africa\u2019s experience in handling health epidemics, including the ebola outbreak (<a href=\"https:\/\/www.youtube.com\/watch?v=hWkLmBOZhhI\">watch, runtime: 02:14<\/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\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/dr-congo\/\">DR Congo<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/south-africa\/\">South Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"570142\" 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=\"570142\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/shoukry-visits-south-africa-in-second-stop-of-gerd-tour\/\">\r\n                            Shoukry visits South Africa in second stop of GERD tour                        <\/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\/03\/19\/shoukry-visits-south-africa-in-second-stop-of-gerd-tour\/\" 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\/03\/19\/shoukry-visits-south-africa-in-second-stop-of-gerd-tour\/')\">\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\/03\/19\/shoukry-visits-south-africa-in-second-stop-of-gerd-tour\/\">\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=Shoukry visits South Africa in second stop of GERD tour&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/shoukry-visits-south-africa-in-second-stop-of-gerd-tour\/\">\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\/03\/19\/shoukry-visits-south-africa-in-second-stop-of-gerd-tour\/&title=Shoukry visits South Africa in second stop of GERD tour\">\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=Shoukry+visits+South+Africa+in+second+stop+of+GERD+tour+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F19%2Fshoukry-visits-south-africa-in-second-stop-of-gerd-tour%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\/03\/19\/shoukry-visits-south-africa-in-second-stop-of-gerd-tour\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570142\" class=\"content-area-description single-story post-570142 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-abdel-fattah-el-sisi tag-cyril-ramaphosa tag-diplomacy-foreign-trade tag-enterpriseam tag-foreign-minister tag-sameh-shoukry tag-south-africa wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Shoukry continues Africa GERD tour:<\/strong> Foreign Minister Sameh Shoukry yesterday met with South African President Cyril Ramaphosa in the second stop of his African tour to secure diplomatic backing in Egypt\u2019s dispute with Ethiopia over the Grand Ethiopian Renaissance Dam (GERD) dispute, according to a <a href=\"http:\/\/bit.ly\/38YihW4\">ministry statement<\/a>. Shoukry visited Burundi on Tuesday and is planning to head to Tanzania, DR Congo, South Sudan, Niger, and Rwanda in the coming days. President Abdel Fattah El Sisi spoke by phone on Tuesday with Kenyan President Uhuru Kenyatta who <a href=\"http:\/\/bit.ly\/2QpZxbw\">signalled support for Egypt<\/a>. Foreign ministry officials <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/92c61687-b257-4f69-ad84-a833bf6d9e2c\">this week visited<\/a> Algeria, Tunisia and Mauritania after Shoukry toured several European and Arab capitals to rally support for Egypt\u2019s position in the dispute.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cyril-ramaphosa\/\">Cyril Ramaphosa<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/foreign-minister\/\">Foreign Minister<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sameh-shoukry\/\">Sameh Shoukry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/south-africa\/\">South Africa<\/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=\"570143\" 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=\"570143\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/acwa-power-to-power-desalination-plants-with-solar-energy\/\">\r\n                            Acwa Power to power desalination plants with solar energy                        <\/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\/03\/19\/acwa-power-to-power-desalination-plants-with-solar-energy\/\" 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\/03\/19\/acwa-power-to-power-desalination-plants-with-solar-energy\/')\">\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\/03\/19\/acwa-power-to-power-desalination-plants-with-solar-energy\/\">\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=Acwa Power to power desalination plants with solar energy&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/acwa-power-to-power-desalination-plants-with-solar-energy\/\">\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\/03\/19\/acwa-power-to-power-desalination-plants-with-solar-energy\/&title=Acwa Power to power desalination plants with solar energy\">\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=Acwa+Power+to+power+desalination+plants+with+solar+energy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F19%2Facwa-power-to-power-desalination-plants-with-solar-energy%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\/03\/19\/acwa-power-to-power-desalination-plants-with-solar-energy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570143\" class=\"content-area-description single-story post-570143 post type-post status-publish format-standard hentry category-energy tag-acwa-power tag-energy tag-enterpriseam tag-renewable-energy tag-renewables tag-water wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Acwa Power will power its planned desalination plants in Egypt via a series of solar facilities, Country Director Hassan Amin <a href=\"https:\/\/alborsaanews.com\/2020\/03\/18\/1307977\">told the local press<\/a>. The cabinet <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/29\/acwa-power-to-submit-offers-for-desalination-plants-in-egypt-in-coming-weeks-2\/\">announced in September<\/a> that Acwa was planning to submit a proposal to establish a desalination plants, and the company <a href=\"http:\/\/bit.ly\/2UlQglZ\">last month signed an initial agreement<\/a> with the Holding Company for Water and Waste Water to conduct a feasibility study into the project. The Saudi renewable energy company plans to construct the desalination plants and sell the water to the state-owned water company. It is currently in talks with the Egyptian government over land but has not yet negotiated a selling price for the water.<\/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\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/water\/\">water<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"570144\" 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=\"570144\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/two-french-two-egyptian-companies-awarded-raml-tram-tender\/\">\r\n                            Two French, two Egyptian companies awarded Raml Tram tender                        <\/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\/03\/19\/two-french-two-egyptian-companies-awarded-raml-tram-tender\/\" 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\/03\/19\/two-french-two-egyptian-companies-awarded-raml-tram-tender\/')\">\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\/03\/19\/two-french-two-egyptian-companies-awarded-raml-tram-tender\/\">\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=Two French, two Egyptian companies awarded Raml Tram tender&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/two-french-two-egyptian-companies-awarded-raml-tram-tender\/\">\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\/03\/19\/two-french-two-egyptian-companies-awarded-raml-tram-tender\/&title=Two French, two Egyptian companies awarded Raml Tram tender\">\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=Two+French%2C+two+Egyptian+companies+awarded+Raml+Tram+tender+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F19%2Ftwo-french-two-egyptian-companies-awarded-raml-tram-tender%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\/03\/19\/two-french-two-egyptian-companies-awarded-raml-tram-tender\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570144\" class=\"content-area-description single-story post-570144 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam tag-transport wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The National Tunnel Authority has awarded a consortium of French and Egyptian companies the EGP 410 mn tender to design and restore the Raml tram in Alexandria, <a href=\"http:\/\/bit.ly\/2IWvIuV\">according to Al Mal<\/a>. The alliance \u2014 made up of France\u2019s <a href=\"https:\/\/www.systra.com\/en\/\">Systra<\/a> and <a href=\"https:\/\/www.egis-group.com\/\">Egis Rail<\/a> and Egypt\u2019s <a href=\"http:\/\/www.ace-consultants.com\/\">ACE Moharram Bakhoum<\/a> and <a href=\"http:\/\/www.projacs.com\/Home\">Projacs<\/a> \u2014 beat offers from two other consortiums: one consisting of Egypt\u2019s Menarail and France\u2019s Artellia Ville & Transport and Ingerop, and the other of Spain\u2019s Sener Ingenieria Y Systemas, France\u2019s Setec Group and Lebanon\u2019s Khatib & Alami, <a href=\"https:\/\/www.meed.com\/groups-pass-egypts-tram-design-bids-evaluation\/\">according to Meed<\/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\/automotive-transportation\/\">Automotive + Transportation<\/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=\"570145\" 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=\"570145\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/beltone-earmarks-egp-30-mn-to-establish-smes-arm\/\">\r\n                            Beltone earmarks EGP 30 mn to establish SMEs arm                        <\/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\/03\/19\/beltone-earmarks-egp-30-mn-to-establish-smes-arm\/\" 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\/03\/19\/beltone-earmarks-egp-30-mn-to-establish-smes-arm\/')\">\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\/03\/19\/beltone-earmarks-egp-30-mn-to-establish-smes-arm\/\">\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=Beltone earmarks EGP 30 mn to establish SMEs arm&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/beltone-earmarks-egp-30-mn-to-establish-smes-arm\/\">\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\/03\/19\/beltone-earmarks-egp-30-mn-to-establish-smes-arm\/&title=Beltone earmarks EGP 30 mn to establish SMEs arm\">\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=Beltone+earmarks+EGP+30+mn+to+establish+SMEs+arm+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F19%2Fbeltone-earmarks-egp-30-mn-to-establish-smes-arm%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\/03\/19\/beltone-earmarks-egp-30-mn-to-establish-smes-arm\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570145\" class=\"content-area-description single-story post-570145 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam tag-smes wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Beltone Financial is setting up a EGP 30 mn SME finance arm, Beltone SME, <a href=\"https:\/\/www.egx.com.eg\/downloads\/Bulletins\/241684_1.pdf\">according<\/a><a href=\"https:\/\/www.egx.com.eg\/downloads\/Bulletins\/241684_1.pdf\">to a regulatory filing (pdf)<\/a>. Beltone will own 100% of Beltone SME.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/smes\/\">SMEs<\/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=\"570146\" 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=\"570146\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/mena-focused-accelerator-womentum-opens-doors-for-third-cycle-startups\/\">\r\n                            MENA-focused accelerator Womentum opens doors for third cycle startups                        <\/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\/03\/19\/mena-focused-accelerator-womentum-opens-doors-for-third-cycle-startups\/\" 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\/03\/19\/mena-focused-accelerator-womentum-opens-doors-for-third-cycle-startups\/')\">\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\/03\/19\/mena-focused-accelerator-womentum-opens-doors-for-third-cycle-startups\/\">\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=MENA-focused accelerator Womentum opens doors for third cycle startups&url=https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/mena-focused-accelerator-womentum-opens-doors-for-third-cycle-startups\/\">\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\/03\/19\/mena-focused-accelerator-womentum-opens-doors-for-third-cycle-startups\/&title=MENA-focused accelerator Womentum opens doors for third cycle startups\">\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=MENA-focused+accelerator+Womentum+opens+doors+for+third+cycle+startups+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F03%2F19%2Fmena-focused-accelerator-womentum-opens-doors-for-third-cycle-startups%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\/03\/19\/mena-focused-accelerator-womentum-opens-doors-for-third-cycle-startups\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/232.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"570147\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/mena-focused-accelerator-womentum-opens-doors-for-third-cycle-startups\/232-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/232.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"232.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/232.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/232.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570146\" class=\"content-area-description single-story post-570146 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam tag-entrepreneurship tag-mena tag-technology wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>MENA-focused accelerator Womentum opens doors for third cycle startups:<\/strong> <a href=\"https:\/\/womena.com\/womentum\/\">Womentum<\/a> is now accepting applications from startups looking to join the accelerator program\u2019s third cycle, Womena, which runs the program along with Standard Chartered, <a href=\"https:\/\/ent.news\/2020\/3\/PRESS-RELEASE_Womentum-2020-Applications-Open.pdf\">it said in a press release (pdf)<\/a>. Startups with at least one female co-founder who owns equity <a href=\"https:\/\/womena.typeform.com\/to\/ihjYJL\">can apply here<\/a>. Applicants will be accepted until 19 April. Selected startups will then participate in a four-month program beginning in Egypt and ending in the UAE.<\/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\/entrepreneurship\/\">entrepreneurship<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mena\/\">MENA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/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=\"570148\" 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=\"570148\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/the-market-yesterday-54\/\">\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\/03\/19\/the-market-yesterday-54\/\" 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\/03\/19\/the-market-yesterday-54\/')\">\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\/03\/19\/the-market-yesterday-54\/\">\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\/03\/19\/the-market-yesterday-54\/\">\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\/03\/19\/the-market-yesterday-54\/&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%2F03%2F19%2Fthe-market-yesterday-54%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\/03\/19\/the-market-yesterday-54\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570148\" class=\"content-area-description single-story post-570148 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 15.69 | Sell 15.79<\/p>\n<p> <strong>EGP \/ USD<\/strong><strong> at <\/strong><strong>CIB<\/strong><strong>:<\/strong> Buy 15.70 | Sell 15.80<br \/>\n <strong>EGP \/ USD at <\/strong><strong>NBE<\/strong><strong>: <\/strong>Buy 15.68 | Sell 15.78<\/p>\n<p><strong>EGX30<\/strong> (Wednesday): 8,757 (-4.8%)<br \/>\n <strong>Turnover:<\/strong> EGP 524 mn (11% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -37.3%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session down 4.8%. CIB, the index\u2019s heaviest constituent, ended down 4.4%. EGX30\u2019s top performing constituents were Juhayna up 1.4%, and Cleopatra Hospital up 0.5%. Yesterday\u2019s worst performing stocks were Orascom Development Egypt down 9.7%, Dice down 9.7% and GB Auto down 9.7%. The market turnover was EGP 524 mn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net short | EGP -136.1 mn<br \/>\n <strong>Regional<\/strong>: Net short | EGP -33.8 mn<br \/>\n <strong>Domestic<\/strong>: Net long | EGP +169.8 mn<\/p>\n<p><strong>Retail<\/strong>: 37.1% of total trades | 38.4% of buyers | 35.9% of sellers<br \/>\n <strong>Institutions<\/strong>: 62.9% of total trades | 61.6% of buyers | 64.1% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 20.37 (-24.4%)<br \/>\n <strong>Brent:<\/strong> USD 24.67 (-14.1%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.61 MMBtu, (-6.71%, April 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,496 \/ troy ounce (-1.90%)<\/p>\n<p><strong>TASI:<\/strong> 6,154 (+0.78%) (YTD: -26.63%)<br \/>\n <strong>ADX:<\/strong> 3,399 (+2.29%) (YTD: -33.02%)<br \/>\n <strong>DFM:<\/strong> 1,768 (+1.03%) (YTD: -36.02%)<br \/>\n <strong>KSE Premier Market:<\/strong> 4,664 (-0.91%)<br \/>\n <strong>QE:<\/strong> 8,661 (+1.65%) (YTD: -16.92%)<br \/>\n <strong>MSM:<\/strong> 3,607 (-1.45%) (YTD: -9.4%)<br \/>\n <strong>BB: <\/strong>1,374 (-0.33%) (YTD: -14.61%)<\/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=\"570149\" 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\/03\/19\/570149\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570149\" class=\"content-area-description single-story post-570149 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>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>March: The French Chamber of Commerce and Industry is sending <a href=\"https:\/\/alborsaanews.com\/2020\/02\/25\/1300124\">10 French companies<\/a> to Egypt to promote French tourists to visit.<\/p>\n<p>24 March (Tuesday): <a href=\"http:\/\/bit.ly\/2VRy4TC\">The Annual Export Summit<\/a>, Nile Ritz Carlton, 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>2 April (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>2-4 April (Thursday- Saturday): Global Forum for Higher Education and Scientific Research (<a href=\"https:\/\/menafn.com\/1099821661\/Egypt-Higher-Education-Ministry-prepares-for-GFHS2020-for-scientific-research\">GFHS2020<\/a>) under the theme \u201cFuture in Action\u201d, new administrative capital, Egypt.<\/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>17-19 April (Friday-Sunday): IMF, World Bank hold Spring Meetings.<\/p>\n<p>18 April (Saturday): One half of renowned duo 2CELLOS, Stjepan Hauser, known simply as Hauser, will be performing his only show in Egypt and it will take place in Somabay, Hurghada on April 18th. Tickets on sale at Ticketsmarche soon.<\/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>19 April (Sunday): Coptic Easter Sunday, national holiday.<\/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>June: <a href=\"https:\/\/www.facebook.com\/CEconomySummit\/\">Circular Economy Summit<\/a>, Egypt, venue TBA.<\/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":570118,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-570117","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"20434dc5-21f0-45ad-8bb4-ed0887884fdf","teaser":"","photo_url":"https:\/\/ent.news\/2020\/3\/219.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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