{"id":570687,"date":"2020-04-12T04:38:11","date_gmt":"2020-04-12T04:38:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=570687"},"modified":"2025-12-16T07:36:03","modified_gmt":"2025-12-16T07:36:03","slug":"egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/","title":{"rendered":"Egypt will earmark more stimulus for covid-19 fight if necessary, Maait says"},"content":{"rendered":"<section id=\"570689\" 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=\"570689\">\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\/04\/12\/what-were-tracking-on-12-april-2020\/\">\r\n                            What we\u2019re tracking on 12 April 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\/04\/12\/what-were-tracking-on-12-april-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\/04\/12\/what-were-tracking-on-12-april-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\/04\/12\/what-were-tracking-on-12-april-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=What we\u2019re tracking on 12 April 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/what-were-tracking-on-12-april-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\/04\/12\/what-were-tracking-on-12-april-2020\/&title=What we\u2019re tracking on 12 April 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=What+we%E2%80%99re+tracking+on+12+April+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F04%2F12%2Fwhat-were-tracking-on-12-april-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\/04\/12\/what-were-tracking-on-12-april-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570689\" class=\"content-area-description single-story post-570689 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-covid-19 tag-enterpriseam tag-federation-of-egyptian-industries tag-finance-ministry tag-foreign-reserves tag-gafi tag-health-ministry tag-healthcare tag-labor tag-saudi-arabia tag-tahya-misr-fund tag-tourism tag-whatsapp wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>We\u2019re headed into a four-day long weekend, friends<\/strong>, and we cannot ever recall having been more profoundly grateful for a holiday. Banks and the EGX are off on Sunday, 19 April in observance of Coptic Easter, while Monday is a national holiday for Sham El Nessim.<\/p><p><strong>Happy (western) Easter<\/strong> to all of our readers who celebrate today.<\/p><div class=\"c-message_kit__gutter\">\n<div class=\"c-message_kit__gutter__right\" data-qa=\"message_content\">\n<div class=\"c-message_kit__blocks c-message_kit__blocks--rich_text\">\n<div class=\"c-message__message_blocks c-message__message_blocks--rich_text\">\n<div class=\"p-block_kit_renderer\" data-qa=\"block-kit-renderer\">\n<div class=\"p-block_kit_renderer__block_wrapper p-block_kit_renderer__block_wrapper--first\">\n<div class=\"p-rich_text_block\" dir=\"auto\">\n<div class=\"p-rich_text_section\"><b data-stringify-type=\"bold\">We\u2019re also less than two weeks out from the start of Ramadan<\/b>, which will fall on Friday, 24\u00a0April \u2014 one day after the Sisi administration is due to decide on the renewal of the 8pm-6am curfew and other measures in place to slow the transmission of covid-19. Dar Al Ifta, which issues opinions on issues of religious law and practice for the observant, will not be holding its traditional moon sighting to determine the start of the holy month, and has instead announced the date based on its calculations,\u00a0<a class=\"c-link\" href=\"https:\/\/slack-redir.net\/link?url=https%3A%2F%2Fbit.ly%2F3b2K0GT\" target=\"_blank\" rel=\"noopener noreferrer\" aria-describedby=\"slack-kit-tooltip\">according to Youm7<\/a>.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><p><strong>Food for thought as we start the week:<\/strong><\/p><p><strong>Global trade sputters, leaving too much here, too little there:<\/strong> As the pandemic stretches on, businesses and consumers alike could run short of some products in months to come, the <a href=\"https:\/\/www.nytimes.com\/2020\/04\/10\/business\/economy\/global-trade-shortages-coronavirus.html\">New York Times<\/a> worries. The <a href=\"https:\/\/www.wsj.com\/articles\/after-face-masks-should-we-worry-about-food-11586564642\">Wall Street Journal<\/a> adds that on the food front in particular, the US, Europe and \u201cother wealthy regions are unlikely to experience serious problems \u2026 but poorer countries \u2026 could struggle.\u201d<\/p><p><strong>Coronavirus may \u2018reactivate\u2019 in cured patients<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-04-09\/coronavirus-may-reactivate-in-cured-patients-korean-cdc-says\">Bloomberg<\/a> quotes Korea\u2019s CDC as saying. The notion underscores the <a href=\"https:\/\/www.technologyreview.com\/2020\/04\/09\/998974\/immunity-passports-cornavirus-antibody-test-outside\/\">MIT Technology Review<\/a>\u2019s contention that \u201ccoronavirus antibody testing needs to get a lot better, and so does our understanding of immunity, before people can start circulating freely.\u201d <a href=\"https:\/\/www.wired.co.uk\/article\/coronavirus-immunity-passports\">Wired\u2019s UK edition<\/a>, with characteristic understatement, notes, that <strong>immunity passports that \u201csplit society along the lines of immune and not-immune people might not be a good idea.<\/strong>\u201d At least 70 companies in the US are said to be <a href=\"https:\/\/www.nytimes.com\/2020\/04\/10\/health\/coronavirus-antibody-test.html\">developing antibody tests<\/a> for the virus that causes covid-19.<\/p><p><strong>MUST READ- The key going forward isn\u2019t asking \u201cHow soon can we return to normal <\/strong><strong>life,\u201d<\/strong> the New York Times writes after looking at how European nations are starting to life controls on daily lives. <strong><a href=\"https:\/\/www.nytimes.com\/2020\/04\/08\/world\/europe\/coronavirus-lockdowns-restrictions.html\">It\u2019s learning to live with corona until a vaccine is found<\/a><\/strong> as epidemiologists worry about a second wave of infections.<\/p><p><strong>Among the countries planning to test the waters:<\/strong> \u201cAustria is allowing small shops to resume business after Easter. Denmark is reopening nurseries and primary schools. The Czech Republic is planning to lift a travel ban.\u201d Denmark\u2019s PM said it best: \u201cIt\u2019s like walking a tightrope. If we stand still, we may fall. If we go too fast, it may soon go wrong. We don\u2019t know when we\u2019ll be on firm ground again.\u201d<\/p><hr class=\"grey-line\"><p><strong>COVID-19 IN EGYPT-<\/strong><\/p><p><a id=\"tldr-story-02\" class=\"content-anchor\"><\/a> <strong>Egypt now has 1939 confirmed cases of covid-19<\/strong> after the <a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/152153573001930?_rdc=1&amp;_rdr\">Health Ministry reported<\/a> 145 new infections yesterday. The ministry also said that another 11 people had died of the infection, taking the death toll to 146. We now have a total of 542 cases that have since tested negative for the virus after being hospitalized, of whom 426 have fully recovered.<\/p><p><strong>At least three doctors have died of covid-19<\/strong>, including one who contracted the virus on duty,<a href=\"https:\/\/bit.ly\/2ViYCeI\">the Medical Syndicate said in a statement<\/a>. Forty-three doctors have also tested positive so far, but the syndicate expects the figure to rise as it continues tallying cases.<\/p><p><strong>Police dispersed a demonstration of Dakahlia residents who were trying to stop the burial of one of <\/strong><strong>the infected doctors<\/strong>, according to <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1936802\">Al Masry Al Youm<\/a>. Twenty-three people were arrested. Dar Al Ifta, which issues opinions on issues of religious law and practice for the observant, later <a href=\"https:\/\/bit.ly\/3ehgNd4\">issued a statement<\/a> that trying to prevent burials is simply wrong.<\/p><p><strong>The Health Ministry has launched a covid-19 hotline on WhatsApp<\/strong> with a bot developed to address frequently asked questions, <a href=\"https:\/\/bit.ly\/2Xt0C6w\">the ministry said in a statement<\/a>. The Health Ministry had received more than 477k inquiries about the virus <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/aad1197a-091b-4858-8b2e-f2b4189ed56f\">through its telephone hotlines last month<\/a>, most of which were about prevention methods, common symptoms, complications, and what callers should do if they had symptoms.<\/p><p><strong>Museums and archaeological sites will remain closed until further notice<\/strong>, the <a href=\"https:\/\/bit.ly\/2JY6ywy\">Tourism and<\/a><a href=\"https:\/\/bit.ly\/2JY6ywy\">Antiquities Ministry said<\/a> after Prime Minister Moustafa Madbouly <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/edition\/am\/95a5d7aa-f689-4331-ad54-556e80fea549\">announced last week<\/a> the nighttime curfew will be extended for two weeks.<\/p><p><strong>Factories have received the greenlight to use a staggering shift system to distribute their <\/strong><strong>workers across three shifts<\/strong> to maintain productivity as long as they follow protection and safety procedures, Trade and Industry Minister Nevine Gamea said (<a href=\"https:\/\/www.youtube.com\/watch?time_continue=250&amp;v=7qa15kjvm38&amp;feature=emb_title\">watch, runtime: 5:33<\/a>).<\/p><p><strong>Freezone companies will now be able to sell 50% of their products in local<\/strong> <strong>markets for a six-month period<\/strong>, GAFI boss Mohamed Abdel Awahab <a href=\"https:\/\/bit.ly\/3efFCGA\">said<\/a>. Industrial manufacturers will also be permitted to sell 20% of their raw materials in the domestic market and businesses will have another six months to meet the mandatory financial reserves and update their insurance policies. Commercial license renewals are also getting a three-month break, allowing manufacturers to continue operations \u2014 on the proviso that companies confirm their intent to renew.<\/p><p><strong>An unnamed Red Sea hotel will have its license revoked after failing to pay <\/strong><strong>employee salaries<\/strong>, <a href=\"https:\/\/bit.ly\/3cbRasC\">according to a Tourism Ministry statement<\/a>. This comes amid government efforts to support the tourism sector to prevent covid-19 layoffs, with directives issued to businesses to avoid salary deductions and layoffs where possible.<\/p><p><strong>Bibliotheca Alexandrina is going digital:<\/strong> The library will launch virtual tours from tomorrow until 22 April to encourage people to stay home, <a href=\"http:\/\/english.ahram.org.eg\/News\/367057.aspx\">according to Ahram Online<\/a>.<\/p><p><strong>DONATIONS-<\/strong><\/p><p><strong>State-owned Misr Cement-Qena donated EGP 2 mn to the Tahya Misr Fund<\/strong> to support irregular laborers and buy respirators for hospitals, <a href=\"https:\/\/alborsaanews.com\/2020\/04\/11\/1319198\">according to the local press<\/a>.<\/p><p><strong>The Federation of Egyptian Industries\u2019 chemical industries division has earmarked EGP 1 <\/strong><strong>mn<\/strong> to finance new hospital equipment or respirators, division head Sherif El-Gabaly said, <a href=\"https:\/\/alborsaanews.com\/2020\/04\/11\/1319185\">according to the local press<\/a>.<\/p><p><strong>ON THE GLOBAL FRONT-<\/strong><\/p><p><strong>The US now has the world\u2019s highest covid-19 death toll, surpassing Italy<\/strong> yesterday with more than 20k deaths and counting. New York Governor Andrew Cuomo suggested the curve is beginning to flatten out in the state as the virus \u201chit its apex.\u201d The story is front-page news around the world this morning: <a href=\"https:\/\/www.wsj.com\/articles\/health-officials-plead-for-public-to-observe-a-locked-down-easter-11586592822?mod=hp_lead_pos1\">WSJ<\/a> | <a href=\"https:\/\/www.nytimes.com\/2020\/04\/11\/us\/coronavirus-live-updates.html?action=click&amp;module=Spotlight&amp;pgtype=Homepage#link-519f1861\">NYT<\/a> | <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-usa\/in-grim-milestone-united-states-logs-worlds-highest-coronavirus-death-toll-idUSKCN21S16J\">Reuters<\/a> | <a href=\"https:\/\/www.ft.com\/content\/60aed4fe-1490-4af8-8af5-5672a20bbaa7\">Financial Times<\/a>.<\/p><p><strong>Saudi Arabia\u2019s King Salman has indefinitely extended the kingdom\u2019s nighttime curfew<\/strong>, <a href=\"https:\/\/www.spa.gov.sa\/viewfullstory.php?lang=ar&amp;newsid=2073704#2073704\">the Saudi Press Agency said<\/a>. The curfew was first imposed on 23 March for a three-week period after Saudi saw more than 4k cases.<\/p><p><strong>Sub-Saharan African is heading into its first recession in 25 years, according to the World Bank:<\/strong> The region will contract by 2.1-5.1% in 2020 after posting 2.4% growth last year, <a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2020\/04\/09\/covid-19-coronavirus-drives-sub-saharan-africa-toward-first-recession-in-25-years\">the bank predicts in its latest Africa Pulse report<\/a>. The virus will cause the region to lose anywhere between USD 37 bn and USD 79 bn in output this year due to the breakdown of trade and supply chain disruption, falling inflows, and disruption caused by emergency measures to quell the outbreak.<\/p><hr class=\"grey-line\"><p><strong>The EGX 30 was up 2.4% on Thursday,<\/strong> <strong>dragged up by index heavyweight CIB<\/strong>, which was up 5% at the closing bell. The exchange saw active trading, with shares worth EGP 800 mn changing hands, about 40% above the trailing 90-day average. The EGX30 is now down 26.1% since the start of the year, but gained 9.2% last week (its best week since covid-19 hit) as it turned in gains in four sessions back-to-back, propped up by domestic investors.<\/p><p><strong>US stocks, meanwhile, had their best one-week showing since 1974<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-04-08\/asian-stock-futures-rise-after-s-p-500-rally-markets-wrap?sref=mmeFTDW1\">ending the week up<\/a><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-04-08\/asian-stock-futures-rise-after-s-p-500-rally-markets-wrap?sref=mmeFTDW1\">12%<\/a> on news of a series of new \u201csweeping\u201d measures announced by the Fed after weekly data showed that unemployment claims surged for three weeks straight. European markets were also up on Thursday. US and European markets were closed on Friday for western Easter and will be closed again tomorrow in observance of Easter Monday.<\/p><p><strong>The US Fed said on Thursday that it will open USD 2.3 tn in credit lines to SMEs and local<\/strong> <strong>state governments<\/strong> and purchase bonds and collateralized debt. This comes on top of the historic USD 2.3 tn stimulus package that passed the House last month, as well as other economic prop-up measures.<\/p><p><strong>Opec+ reaches initial agreement on production cuts but Mexico isn\u2019t playing ball:<\/strong> Opec and its Russian-led allies (Opec+) reached an initial agreement to cut production by 10 mn barrels a day following a meeting on Thursday, but Mexico is looking to negotiate smaller production cuts, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-04-11\/opec-has-yet-to-resolve-mexico-holdout-on-oil-cut-delegates?sref=mmeFTDW1\">according to Bloomberg<\/a>. The group\u2019s virtual meetings ran from Thursday to Saturday and it still remains unclear whether they will reach a compromise, delegates said. G20 energy ministers <a href=\"https:\/\/www.cnbc.com\/2020\/04\/10\/record-oil-production-cut-hangs-in-the-balance-as-g20-meeting-concludes-with-no-specifics.html\">also talked on Friday<\/a> about taking \u201cthe necessary measures\u201d to stop oil prices from tumbling further but didn\u2019t discuss specific production numbers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/federation-of-egyptian-industries\/\">Federation of Egyptian Industries<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance-ministry\/\">Finance Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/foreign-reserves\/\">foreign reserves<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gafi\/\">GAFI<\/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\/healthcare\/\">healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/labor\/\">labor<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tahya-misr-fund\/\">Tahya Misr Fund<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/whatsapp\/\">WhatsApp<\/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=\"570690\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-a0ucayz\" data-v=\"4\" data-block-id=\"a0ucayz\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-a0ucayz-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-a0ucayz-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-9mqb5lz\" data-v=\"4\" data-block-id=\"9mqb5lz\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-9mqb5lz-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-9mqb5lz-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-fyrs1wu\" data-v=\"4\" data-block-id=\"fyrs1wu\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-fyrs1wu-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-fyrs1wu-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-xji9xms\" data-v=\"4\" data-block-id=\"xji9xms\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-xji9xms-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-xji9xms-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"570691\" 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=\"570691\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/egypts-talk-shows-covid-19-testing-procedures-balancing-work-and-public-health\/\">\r\n                            Egypt\u2019s talk shows: Covid-19 testing procedures, balancing work and public health                        <\/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\/04\/12\/egypts-talk-shows-covid-19-testing-procedures-balancing-work-and-public-health\/\" 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\/04\/12\/egypts-talk-shows-covid-19-testing-procedures-balancing-work-and-public-health\/')\">\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\/04\/12\/egypts-talk-shows-covid-19-testing-procedures-balancing-work-and-public-health\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s talk shows: Covid-19 testing procedures, balancing work and public health&url=https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/egypts-talk-shows-covid-19-testing-procedures-balancing-work-and-public-health\/\">\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\/04\/12\/egypts-talk-shows-covid-19-testing-procedures-balancing-work-and-public-health\/&title=Egypt\u2019s talk shows: Covid-19 testing procedures, balancing work and public health\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+talk+shows%3A+Covid-19+testing+procedures%2C+balancing+work+and+public+health+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F04%2F12%2Fegypts-talk-shows-covid-19-testing-procedures-balancing-work-and-public-health%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\/04\/12\/egypts-talk-shows-covid-19-testing-procedures-balancing-work-and-public-health\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570691\" class=\"content-area-description single-story post-570691 post 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-health-ministry tag-industry tag-moustafa-madbouly tag-ziad-bahaa-el-din wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Health Ministry spox on covid-19 testing procedures:<\/strong> The government has been relying more heavily on isolating suspected cases of covid-19 than on PCR testing, which does not necessarily always yield accurate results, Health Ministry spokesman Khaled Megahed told El Hekaya\u2019s Amr Adib. Megahed explained that the ministry has a set of diagnostic criteria in place for cases to be tested, saying that the system has so far allowed the outbreak to remain contained in Egypt (<a href=\"https:\/\/www.youtube.com\/watch?v=O4VNhP-dmMw\">watch, runtime: 5:29<\/a>). Masaa DMC\u2019s Eman El Hosary (<a href=\"https:\/\/www.youtube.com\/watch?v=UcXruBDboMI\">watch, runtime: 0:51<\/a>) and Min Masr\u2019s Amr Khalil (<a href=\"https:\/\/www.youtube.com\/watch?v=o-xBItisQhw\">watch, runtime: 0:35<\/a>) also ran down the ministry\u2019s daily case tally.<\/p>\n<p><strong>Balancing health and economic concerns is key, says Bahaa Eldin:<\/strong> Adib also had a chat with former International Cooperation Minister Ziad Bahaa Eldin, who pointed out that Egypt is not exempt from the turmoil that is hitting the global economy and that it\u2019s currently impossible to determine how long the current situation will last. The former minister stressed that the government must continue to strike a balance between policies safeguarding public health and measures to prevent a total economic meltdown (<a href=\"https:\/\/www.youtube.com\/watch?v=T1z-2OemKa0\">watch, runtime: 2:54<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=_xkdHK0e5EA\">runtime: 3:54<\/a>).<\/p>\n<p><strong>Samih Sawiris was of the same mind<\/strong>, telling Al Kahera Alaan\u2019s Lamees El Hadidi that the government should start thinking of ways to gradually return some of the country\u2019s labor force to work with the necessary precautions in place. Sawiris noted that irregular laborers are the most affected by social distancing policies and the nighttime curfew, and that the state can\u2019t afford to pay out stipends for the foreseeable future. The businessman separately told Lamees that he has recovered from a case of pneumonia (<a href=\"https:\/\/www.youtube.com\/watch?v=eq8q3D19jVI\">watch, runtime: 7:55<\/a>).<\/p>\n<p><strong>Madbouly checks up on health measures at factories:<\/strong> Prime Minister Moustafa Madbouly\u2019s media coordinator Hany Younis debriefed Lamees and Al Hayah Al Youm\u2019s Lobna Assal on Madbouly\u2019s tour of factories in Ismailia and 10th Ramadan City to assess their health policies for workers (<a href=\"https:\/\/www.youtube.com\/watch?v=FELMHCK4pLE\">watch, runtime: 1:39<\/a>) and (<a href=\"https:\/\/www.youtube.com\/watch?v=AMJNhvsxZ0U\">watch, runtime: 5:53<\/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\/health-ministry\/\">Health Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/industry\/\">industry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moustafa-madbouly\/\">Moustafa Madbouly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ziad-bahaa-el-din\/\">Ziad Bahaa El Din<\/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=\"570692\" 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=\"570692\">\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\/04\/12\/egypt-could-earmark-more-funding-for-covid-19-fight\/\">\r\n                            Egypt could earmark more funding for covid-19 fight                        <\/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\/04\/12\/egypt-could-earmark-more-funding-for-covid-19-fight\/\" 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\/04\/12\/egypt-could-earmark-more-funding-for-covid-19-fight\/')\">\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\/04\/12\/egypt-could-earmark-more-funding-for-covid-19-fight\/\">\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 could earmark more funding for covid-19 fight&url=https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/egypt-could-earmark-more-funding-for-covid-19-fight\/\">\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\/04\/12\/egypt-could-earmark-more-funding-for-covid-19-fight\/&title=Egypt could earmark more funding for covid-19 fight\">\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+could+earmark+more+funding+for+covid-19+fight+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F04%2F12%2Fegypt-could-earmark-more-funding-for-covid-19-fight%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\/04\/12\/egypt-could-earmark-more-funding-for-covid-19-fight\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/97.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"570693\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/egypt-could-earmark-more-funding-for-covid-19-fight\/97-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/97.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"97.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/97.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/97.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570692\" class=\"content-area-description single-story post-570692 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-covid-19 tag-debt tag-enterpriseam tag-mohamed-maait tag-policy tag-portfolio-investment 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-01\"><\/a> <strong>Egypt\u2019s commitment to insulating the economy from the impact of covid-19 is <\/strong><strong>\u201copen-ended\u201d<\/strong> and could go above <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/40b9e998-dad6-4293-9c27-97d7c9a17e0b\">the EGP 100 bn<\/a> in stimulus and bailout funding the Sisi administration has already committed, Finance Minister Mohamed Maait said in an interview with Al Arabiya on Thursday (<a href=\"https:\/\/bit.ly\/3b1VvOB\">watch, runtime: 14:38<\/a>).<\/p>\n<p><strong>The administration has about EGP 70 bn in dry powder <\/strong>from the original round, having so far deployed about EGP 30 bn in funding \u2014 including some EGP 5 bn to the Health Ministry, EGP 3 bn to the Export Subsidy Fund, EGP 3 bn to seasonal workers, and expedited payments to state contractors and suppliers, Maait said. <strong>That figure suggests the state has more room to maneuver<\/strong> \u2014 and that it has even more freedom to act after last month\u2019s surprise 300 bps interest rate cut.<\/p>\n<p><strong>Maait specifically noted tourism and aviation <\/strong>as industries likely to be allocated more funding as part of the bailout program.<\/p>\n<p><strong>The minister is effectively writing off the final quarter<\/strong> of the current fiscal year (2019-2020) from a revenue perspective, saying he expects state revenues could fall 25% or more in FY2019-2020. He cautioned that the ultimate impact on macro indicators will be entirely dependent on how long the covid-19 crisis lasts \u2014 and how severe it is.<\/p>\n<p><strong>Foreign holdings of Egyptian sovereign debt are down about 40% by our math<\/strong> as Maait noted the figure now stands at USD 13.5-14 bn, down from USD 24 bn last month. The outflows come as investors pulled a <a href=\"https:\/\/www.wsj.com\/articles\/emerging-markets-need-a-better-safety-net-it-already-exists-11586441942\">record USD 83 bn<\/a> from emerging markets in March in a global risk-off.<\/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\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-maait\/\">Mohamed Maait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/policy\/\">policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/portfolio-investment\/\">portfolio investment<\/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=\"570706\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"570707\" 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=\"570707\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/egypt-in-the-news-on-12-april-2020\/\">\r\n                            Egypt in the news on 12 April 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\/04\/12\/egypt-in-the-news-on-12-april-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\/04\/12\/egypt-in-the-news-on-12-april-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\/04\/12\/egypt-in-the-news-on-12-april-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 12 April 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/egypt-in-the-news-on-12-april-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\/04\/12\/egypt-in-the-news-on-12-april-2020\/&title=Egypt in the news on 12 April 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+12+April+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F04%2F12%2Fegypt-in-the-news-on-12-april-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\/04\/12\/egypt-in-the-news-on-12-april-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570707\" class=\"content-area-description single-story post-570707 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>Leading the conversation on Egypt in the foreign press this morning is the death of three <\/strong><strong>doctors<\/strong> after contracting covid-19. <a href=\"https:\/\/apnews.com\/c0d6b5cfe45e3688ca53f11e2b47b665\">The Associated Press<\/a> highlights the story of pathologist Ahmed El Lawah as part of an ongoing series on victims of the virus.<\/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=\"570708\" 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=\"570708\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/satellite-images-from-around-the-world-depict-life-before-and-after-the-covid-19\/\">\r\n                            Satellite images from around the world depict life before and after the covid-19                        <\/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\/04\/12\/satellite-images-from-around-the-world-depict-life-before-and-after-the-covid-19\/\" 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\/04\/12\/satellite-images-from-around-the-world-depict-life-before-and-after-the-covid-19\/')\">\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\/04\/12\/satellite-images-from-around-the-world-depict-life-before-and-after-the-covid-19\/\">\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=Satellite images from around the world depict life before and after the covid-19&url=https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/satellite-images-from-around-the-world-depict-life-before-and-after-the-covid-19\/\">\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\/04\/12\/satellite-images-from-around-the-world-depict-life-before-and-after-the-covid-19\/&title=Satellite images from around the world depict life before and after the covid-19\">\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=Satellite+images+from+around+the+world+depict+life+before+and+after+the+covid-19+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F04%2F12%2Fsatellite-images-from-around-the-world-depict-life-before-and-after-the-covid-19%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\/04\/12\/satellite-images-from-around-the-world-depict-life-before-and-after-the-covid-19\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/103.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"570709\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/satellite-images-from-around-the-world-depict-life-before-and-after-the-covid-19\/103-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/103.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"103.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/103.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/103.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570708\" class=\"content-area-description single-story post-570708 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-covid-19 tag-enterpriseam tag-health tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Satellite images from around the world depict life before and after the covid-19:<\/strong> This Financial Times video (<a href=\"https:\/\/www.youtube.com\/watch?v=liJqp-BJCoY\">watch, runtime: 3:34<\/a>) shows satellite and drone imagery from cities across the world and compares pollution levels pre- and post-lockdown.<\/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\/health\/\">health<\/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=\"570710\" 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=\"570710\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/larsen-toubro-subsidiary-contracted-for-220-kv-substation-in-egypt\/\">\r\n                            Larsen &#038; Toubro subsidiary contracted for 220 kV substation in Egypt                        <\/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\/04\/12\/larsen-toubro-subsidiary-contracted-for-220-kv-substation-in-egypt\/\" 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\/04\/12\/larsen-toubro-subsidiary-contracted-for-220-kv-substation-in-egypt\/')\">\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\/04\/12\/larsen-toubro-subsidiary-contracted-for-220-kv-substation-in-egypt\/\">\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=Larsen &#038; Toubro subsidiary contracted for 220 kV substation in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/larsen-toubro-subsidiary-contracted-for-220-kv-substation-in-egypt\/\">\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\/04\/12\/larsen-toubro-subsidiary-contracted-for-220-kv-substation-in-egypt\/&title=Larsen &#038; Toubro subsidiary contracted for 220 kV substation in Egypt\">\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=Larsen+%26%23038%3B+Toubro+subsidiary+contracted+for+220+kV+substation+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F04%2F12%2Flarsen-toubro-subsidiary-contracted-for-220-kv-substation-in-egypt%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\/04\/12\/larsen-toubro-subsidiary-contracted-for-220-kv-substation-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570710\" class=\"content-area-description single-story post-570710 post type-post status-publish format-standard hentry category-infrastructure tag-energy tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt has awarded Power Transmission & Distribution, a subsidiary of Indian energy company Larsen & Toubro, a contract to construction and commission of a 220 kV gas insulated substation, the company <a href=\"https:\/\/ent.news\/2020\/4\/2020-04-09-lt-construction-awarded-major-contracts-for-its-power-transmission-distribution-business.pdf\">said in a statement (pdf)<\/a> without providing further details.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/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=\"570711\" 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=\"570711\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/egypt-to-import-800k-tonnes-of-wheat-to-increase-reserves\/\">\r\n                            Egypt to import 800k tonnes of wheat to increase reserves                        <\/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\/04\/12\/egypt-to-import-800k-tonnes-of-wheat-to-increase-reserves\/\" 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\/04\/12\/egypt-to-import-800k-tonnes-of-wheat-to-increase-reserves\/')\">\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\/04\/12\/egypt-to-import-800k-tonnes-of-wheat-to-increase-reserves\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt to import 800k tonnes of wheat to increase reserves&url=https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/egypt-to-import-800k-tonnes-of-wheat-to-increase-reserves\/\">\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\/04\/12\/egypt-to-import-800k-tonnes-of-wheat-to-increase-reserves\/&title=Egypt to import 800k tonnes of wheat to increase reserves\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+to+import+800k+tonnes+of+wheat+to+increase+reserves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F04%2F12%2Fegypt-to-import-800k-tonnes-of-wheat-to-increase-reserves%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\/04\/12\/egypt-to-import-800k-tonnes-of-wheat-to-increase-reserves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570711\" class=\"content-area-description single-story post-570711 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-commodities tag-covid-19 tag-enterpriseam tag-trade tag-wheat wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt is planning to import 800k tonnes of wheat during the upcoming season as part of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/58d26ca2-f01f-4c1a-9bf1-73cbc38565b4\">government efforts to boost reserves of strategic commodities<\/a>, Supply Minister Ali Moselhy said, <a href=\"https:\/\/bit.ly\/2JTw7ie\">according to a statement<\/a>. Egypt also expects to harvest 3.6 mn tonnes locally, potentially giving the country enough wheat to cover 7-8 months \u2014 more than the amount being targeted by the government.<\/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\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wheat\/\">wheat<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"570712\" 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=\"570712\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/cira-resumes-construction-of-regent-british-school-in-egypts-mansoura\/\">\r\n                            CIRA resumes construction of Regent British School in Egypt\u2019s Mansoura                        <\/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\/04\/12\/cira-resumes-construction-of-regent-british-school-in-egypts-mansoura\/\" 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\/04\/12\/cira-resumes-construction-of-regent-british-school-in-egypts-mansoura\/')\">\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\/04\/12\/cira-resumes-construction-of-regent-british-school-in-egypts-mansoura\/\">\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=CIRA resumes construction of Regent British School in Egypt\u2019s Mansoura&url=https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/cira-resumes-construction-of-regent-british-school-in-egypts-mansoura\/\">\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\/04\/12\/cira-resumes-construction-of-regent-british-school-in-egypts-mansoura\/&title=CIRA resumes construction of Regent British School in Egypt\u2019s Mansoura\">\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=CIRA+resumes+construction+of+Regent+British+School+in+Egypt%E2%80%99s+Mansoura+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F04%2F12%2Fcira-resumes-construction-of-regent-british-school-in-egypts-mansoura%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\/04\/12\/cira-resumes-construction-of-regent-british-school-in-egypts-mansoura\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570712\" class=\"content-area-description single-story post-570712 post type-post status-publish format-standard hentry category-health-education tag-cira-education tag-education tag-enterpriseam tag-health-education tag-moustafa-madbouly wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Private sector education company CIRA has resumed construction of its Regent British School in Mansoura after Prime Minister Moustafa Madbouly gave the go-ahead for construction works to continue, and is operating at 60% capacity, the company said <a href=\"https:\/\/ent.news\/2020\/4\/COVID-19-CIRA-Update-2-.pdf\">in a statement (pdf)<\/a>. The company\u2019s adoption and engagement metrics for its online learning system have reached 82% in the four weeks since the government shuttered schools across the country, and so far all students completing online exams have had a \u201csmooth experience,\u201d CIRA said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cira-education\/\">CIRA Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moustafa-madbouly\/\">Moustafa Madbouly<\/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=\"570713\" 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=\"570713\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/the-market-yesterday-70\/\">\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\/04\/12\/the-market-yesterday-70\/\" 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\/04\/12\/the-market-yesterday-70\/')\">\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\/04\/12\/the-market-yesterday-70\/\">\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\/04\/12\/the-market-yesterday-70\/\">\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\/04\/12\/the-market-yesterday-70\/&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%2F04%2F12%2Fthe-market-yesterday-70%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\/04\/12\/the-market-yesterday-70\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570713\" class=\"content-area-description single-story post-570713 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 at CIB:<\/strong> Buy 15.70 | Sell 15.80<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.68 | Sell 15.78<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 10,322 (+2.2%)<br \/>\n <strong>Turnover:<\/strong> EGP 874 mn (40% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -26.1%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session up 2.2%. CIB, the index\u2019s heaviest constituent, ended up 5.0%. EGX30\u2019s top performing constituents were CIB up 5.0%, Dice up 4.0%, and EFG Hermes up 3.6%. Thursday\u2019s worst performing stocks were Ibnsina Pharma down 3.2%, Kima down 3.1% and Madinet Nasr Housing down 2.7%. The market turnover was EGP 874 mn, and domestic investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -135.6 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -17.9 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +153.5 mn<\/p>\n<p><strong>Retail<\/strong>: 46.3% of total trades | 46.8% of buyers | 45.9% of sellers<br \/>\n <strong>Institutions<\/strong>: 53.7% of total trades | 53.2% of buyers | 54.1% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 22.76 (-9.29%)<br \/>\n <strong>Brent:<\/strong> USD 31.48 (-4.14%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.73 MMBtu, (-2.80%, May 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,752.80 \/ troy ounce (+4.80%)<\/p>\n<p><strong>TASI:<\/strong> 7,006.24 (+0.10%) (YTD: -16.49%)<br \/>\n <strong>ADX:<\/strong> 4,113.86 (+6.38%) (YTD: -18.95%)<br \/>\n <strong>DFM:<\/strong> 1,830.02 (+3.56%) (YTD: -33.81%)<br \/>\n <strong>KSE Premier Market:<\/strong> 4,910.98 (-3.39%)<br \/>\n <strong>QE:<\/strong> 8,989.70 (-0.45%) (YTD: -13.77%)<br \/>\n <strong>MSM:<\/strong> 3,472.43 (+0.50%) (YTD: -12.78%)<br \/>\n <strong>BB: <\/strong>1,300.37 (-0.22%) (YTD: -19.24%)<\/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=\"570714\" 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\/04\/12\/570714\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-570714\" class=\"content-area-description single-story post-570714 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>12 April (Sunday): Western Easter Sunday.<\/p>\n<p>16 April (Thursday): New deadline for individuals to file their tax returns to the Egyptian Tax Authority.<\/p>\n<p>17-19 April (Friday-Sunday): IMF, World Bank will hold virtual Spring Meetings.<\/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>23 April (Thursday): Earliest date on which suspension K-12 and university instruction is set to be lifted.<\/p>\n<p>23 April (Thursday): Suspension of international flights to \/ from Egypt expires.<\/p>\n<p>23 April (Thursday): Earliest date by which restaurants, gyms, nightclubs, museums and archaeological sites will reopen.<\/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>29 April (Sunday): House of Representatives covid-19 recess ends.<\/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":570688,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-570687","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"efbc59df-b8aa-4b82-8c6f-994334228c1d","teaser":"","photo_url":"https:\/\/ent.news\/2020\/4\/96.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt will earmark more stimulus for covid-19 fight if necessary, Maait says - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt will earmark more stimulus for covid-19 fight if necessary, Maait says\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T07:36:03+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/96.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/\",\"name\":\"Egypt will earmark more stimulus for covid-19 fight if necessary, Maait says - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/96.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2020-04-12T04:38:11+00:00\",\"dateModified\":\"2025-12-16T07:36:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/96.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/96.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Egypt will earmark more stimulus for covid-19 fight if necessary, Maait says\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt will earmark more stimulus for covid-19 fight if necessary, Maait says - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/","og_locale":"en_US","og_type":"article","og_title":"Egypt will earmark more stimulus for covid-19 fight if necessary, Maait says","og_url":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/","og_site_name":"EnterpriseAM Egypt","article_modified_time":"2025-12-16T07:36:03+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/96.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/","url":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/","name":"Egypt will earmark more stimulus for covid-19 fight if necessary, Maait says - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/96.jpg?fit=%2C&ssl=1","datePublished":"2020-04-12T04:38:11+00:00","dateModified":"2025-12-16T07:36:03+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/96.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/96.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-will-earmark-more-stimulus-for-covid-19-fight-if-necessary-maait-says\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/egypt\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Egypt will earmark more stimulus for covid-19 fight if necessary, Maait says"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/570687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/570687\/revisions"}],"predecessor-version":[{"id":570723,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/570687\/revisions\/570723"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/570688"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=570687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=570687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=570687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}