{"id":571591,"date":"2020-05-18T03:56:40","date_gmt":"2020-05-18T03:56:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=571591"},"modified":"2025-12-16T08:05:44","modified_gmt":"2025-12-16T08:05:44","slug":"govt-to-tighten-lockdown-restrictions-during-the-eid-break-with-5pm-6am-curfew-shops-closed","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-to-tighten-lockdown-restrictions-during-the-eid-break-with-5pm-6am-curfew-shops-closed\/","title":{"rendered":"Gov\u2019t to tighten lockdown restrictions during the Eid break with 5pm-6am curfew, shops closed"},"content":{"rendered":"<section id=\"571593\" 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=\"571593\">\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\/05\/18\/what-were-tracking-on-18-may-2020\/\">\r\n                            What we\u2019re tracking on 18 May 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\/05\/18\/what-were-tracking-on-18-may-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The state will then begin easing some measures throughout June, Prime Minister Moustafa Madbouly said in a speech yesterday.<\/p><p><strong>It also seems EgyptAir could resume commercial flights early next month<\/strong>, although Cabinet spokesman Nader Saad said only that an official announcement would be made in early June. We have the full story in this morning\u2019s Speed Round, below.<\/p><p><strong>Did you need a reminder that we\u2019re in the midst of a heat wave? <\/strong>Look for daytime highs of 42-43\u00b0C in the capital city, according to the <a href=\"http:\/\/ema.gov.eg\/pdf\/4df.pdf\">national weather service (pdf)<\/a>, with a chance of scattered showers this week in Cairo, Sinai and the North Coast, Egyptian Meteorological Authority head Mahmoud Shahin <a href=\"http:\/\/gate.ahram.org.eg\/News\/2407461.aspx\">told Ahram Gate<\/a>. <strong>The mercury still looks set to fall just in time for the holiday: <\/strong>Look for a daytime high of 32\u00b0C on Saturday (the last day of Ramadan) and 31\u00b0C on Sunday (the first day of Eid).<\/p><p><strong>So, when do we eat? <\/strong>Maghrib prayers are at 6:43pm and you\u2019ll have until 3:19am to finish caffeinating. Fajr is coming one minute earlier every day through the end of the Holy Month.<\/p><hr class=\"grey-line\"><p><strong><a href=\"https:\/\/www.surveymonkey.com\/r\/95DC9YG\">** You only have a few days left to tell us covid-19 is impacting your business<\/a><\/strong><strong>.<\/strong> We run an annual reader poll asking what you expect of business conditions and the economy in the year ahead. Covid-19 has us thinking that the results of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1428f01f-9682-484b-8152-b9b69ea63b4a\">this year\u2019s survey<\/a> need updating. Take a minute and tell us how covid-19 has impacted your business, whether it\u2019s changed your outlook on the economy, and what you think of WFH. <strong>W<\/strong><strong>e\u2019ll have the results for you immediately after the Eid.<\/strong><\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/Covid-graph-17-May-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>COVID-19 IN EGYPT-<\/strong><\/p><p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Egypt has now disclosed a total of 12,229 confirmed cases of covid-19<\/strong> after <a href=\"https:\/\/bit.ly\/3cGl7Bx\">the Health<\/a><a href=\"https:\/\/bit.ly\/3cGl7Bx\">Ministry<\/a><strong><a href=\"https:\/\/bit.ly\/3cGl7Bx\">reported<\/a><\/strong><strong> 510 new infections yesterday \u2014 the highest single-day total yet<\/strong>. The ministry also said that another 18 people had died from the virus, taking the death toll to 630. We now have a total of 3,742 confirmed cases that have since tested negative for the virus after being hospitalized or isolated, of whom 3,172 have fully recovered.<\/p><p><strong>ON THE GLOBAL FRONT-<\/strong><\/p><p><strong>Covid infections are on the rise in Africa<\/strong>, the <a href=\"https:\/\/www.nytimes.com\/2020\/05\/17\/world\/africa\/coronavirus-kano-nigeria-hotspot.html?action=click&amp;module=RelatedLinks&amp;pgtype=Article\">New York Times<\/a> notes this morning, singling out Nigeria as \u201cjust one of Africa\u2019s alarming hotspots\u201d and adding that Tanzania and Somalia have also been hard hit. The news comes as <strong>some Asian countries are \u201cbattling new clusters of contagion,\u201d <\/strong>the <a href=\"https:\/\/www.wsj.com\/articles\/coronavirus-latest-news-05-17-2020-11589706594?mod=hp_lead_pos2\">Wall Street Journal<\/a> writes. Among them: China, which has quarantined some 8k people in the country\u2019s northeast.<\/p><p class=\"web-image\"><a href=\"https:\/\/www.cbsnews.com\/news\/full-transcript-fed-chair-jerome-powell-60-minutes-interview-economic-recovery-from-coronavirus-pandemic\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/Powell-60minutes-2020-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>GLOBAL MACRO-<\/strong><\/p><p><strong>Fed chairman Jay Powell sat down with 60 Minutes\u2019 Scott Pelley for a wide-ranging <\/strong><strong>interview<\/strong> on the central bank\u2019s emergency measures, predictions for the US economy, and what has to be done to ensure we end up with a recovery and not the Great Depression Mk II.<\/p><p>Here are the key takeaways from the interview:<\/p><ul>\n<li><strong>The US economy may not fully recover until a vaccine is found:<\/strong> \u201cCertain parts of the economy will recover much more slowly. Travel, entertainment, things that we do that involve being around lots of other people. So for the economy to fully recover, people will have to be fully confident. And that may have to await the arrival of a vaccine.\u201d<\/li>\n<li><strong>The US economy will see a historic contraction this quarter:<\/strong> The contraction of the US economy in the second quarter \u201ccould easily be in the twenties or thirties.\u201d<\/li>\n<li><strong>And Great Depression-levels of unemployment:<\/strong> \u201c[20-25% unemployment] sounds about right for what the peak may be.\u201d<\/li>\n<li><strong>Policymakers must do more:<\/strong> \u201cIt may well be that the Fed has to do more. It may be that Congress has to do more. And the reason we've got to do more is to avoid longer run damage to the economy.\u201d<\/li>\n<\/ul><ul>\n<li><strong>But a note of optimism:<\/strong> \u201cIn the long run, and even in the medium run, you wouldn't want to bet against the American economy. This economy will recover. And that means people will go back to work. Unemployment will get back down. We'll get through this.\u201d<\/li>\n<\/ul><p><strong>You can watch a clip from the interview and read the full transcript here<\/strong> (<a href=\"https:\/\/www.cbsnews.com\/news\/full-transcript-fed-chair-jerome-powell-60-minutes-interview-economic-recovery-from-coronavirus-pandemic\/\">watch, runtime:<\/a><a href=\"https:\/\/www.cbsnews.com\/news\/full-transcript-fed-chair-jerome-powell-60-minutes-interview-economic-recovery-from-coronavirus-pandemic\/\">13:46<\/a>).<\/p><p class=\"web-image\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-05-16\/drastic-makeover-looms-for-world-s-most-followed-stock-index?srnd=premium-middle-east\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/SP-500-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>Managers of benchmark indexes like the S&amp;P 500 will soon have to decide whether to <\/strong><strong>dump companies likely to keep bleeding because of covid-19, <\/strong>with market volatility compounding an already difficult task. \u201cThe S&amp;P 500 may be the world\u2019s most-followed passive index, but covid-19 and its aftermath is going to force its constructors into some very active choices,\u201d DataTrek Research\u2019s co-founder Nicholas Colas <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-05-16\/drastic-makeover-looms-for-world-s-most-followed-stock-index\">tells Bloomberg<\/a>, estimating that some 30 companies are hovering on the edge of eviction. The index recovered from its 23 March bottom because it\u2019s anchored in tech and healthcare companies, but those working in retail, industry and energy are at risk.<\/p><p><strong>The collapse in oil prices is increasing the likelihood that GCC currencies break the USD <\/strong><strong>peg,<\/strong> which has been in place since the 1970s, <a href=\"https:\/\/www.ft.com\/content\/1c7263d6-9547-4776-b0df-7f0ab442124f\">the Financial Times reports<\/a>. The risk that one of the GCC currencies decouples from the USD remains low, analysts say, but the temperature is rising on the Omani rial, which sunk to all-time lows against the greenback in forward markets last month.<\/p><p><strong>This may not be a problem for much longer as the oil market begins to find its feet:<\/strong> US crude rose above USD 30\/bbl for the first time in two months as last month\u2019s huge production cuts ease the supply glut, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-05-17\/oil-rises-above-30-as-deep-production-cuts-rebalance-market?sref=mmeFTDW1\">Bloomberg reports<\/a>.<\/p><p><strong>AND THE REST OF THE WORLD- <\/strong><\/p><p><strong>The Evil Empire just got bigger:<\/strong> Never one to let <a href=\"https:\/\/www.cnbc.com\/2019\/10\/22\/47-attorneys-general-are-investigating-facebook-for-antitrust-violations.html\">a federal antitrust investigation<\/a> get in the way of its ambition to dominate all of our online communication, Facebook <a href=\"https:\/\/about.fb.com\/news\/2020\/05\/welcome-giphy\/\">has announced<\/a> its acquisition of <a href=\"https:\/\/giphy.com\/\">Giphy<\/a> in a transaction <a href=\"https:\/\/www.axios.com\/scoop-facebook-to-buy-giphy-for-400-million-4a75a359-833b-484d-b15b-87e94d3de017.html\">Axios values at around USD 400 mn<\/a>.<\/p><p><strong>WATCH THIS SPACE- Nomura is going after Japan\u2019s private market<\/strong>, <a href=\"https:\/\/www.ft.com\/content\/694a178b-4f93-4fca-a9f1-808645634941\">the Financial Times<\/a> notes. The firm\u2019s new chief executive\u2019s strategy is to \u201cfocus on private markets and Japan\u2019s vast hinterland of unlisted companies,\u201d pointing to \u201cJapan\u2019s substantial market for the trading and management of shares in unlisted Japanese companies.\u201d<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. Blackboard appears every Monday in Enterprise in the place of our traditional industry news roundups.<\/p><p><strong>In today\u2019s issue: The highly unpopular private tutoring industry is back in a new (and possibly more insidious) form<\/strong> since the Education Ministry made research papers central to assessing students in public schools this year. We look at the businesses that have emerged to cater to this new system, and why the same issues that prompted the rise of private tutors is driving their growth today in the time of covid-19.<\/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\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emergency-act\/\">Emergency Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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         class=\"\r\n                story-section            \"\r\n            id=\"571595\">\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\/05\/18\/last-nights-talk-shows-for-monday-18-may-2020\/\">\r\n                            Last night\u2019s talk shows for Monday, 18 May 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 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         <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571595\" class=\"content-area-description single-story post-571595 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-covid-19 tag-education tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-health tag-tarek-shawky wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Another quiet Ramadan night on the airwaves: <\/strong>Power couple Lamees El Hadidi and Amr Adib pretty much had the floor to themselves. El Hekaya\u2019s Amr Adib took note of the Madbouly government\u2019s new covid restrictions <a href=\"https:\/\/www.youtube.com\/watch?v=IidPVqYCnQ8\">(watch, runtime: 1:48<\/a>), which Lamees covered in detail (see Speed Round, below).<\/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\/education\/\">Education<\/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\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tarek-shawky\/\">Tarek Shawky<\/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=\"571596\" 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=\"571596\">\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\/05\/18\/egypt-faces-stricter-lockdown-measures-for-the-week-of-eid-el-fitr-before-phase-1-of-govt-reopening-plan-comes-into-effect\/\">\r\n                            Egypt faces stricter lockdown measures for the week of Eid El Fitr before phase 1 of gov\u2019t reopening plan comes into effect                        <\/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\/05\/18\/egypt-faces-stricter-lockdown-measures-for-the-week-of-eid-el-fitr-before-phase-1-of-govt-reopening-plan-comes-into-effect\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Prime Minister Moustafa Madbouly announced the measures at a press conference yesterday, saying they would be in effect from Sunday, 24 May (the presumptive first day of Eid) until Friday, 29 May (<a href=\"https:\/\/www.youtube.com\/watch?v=-6bVtVr74Mc\">watch, runtime: 14:53<\/a>). <strong><a href=\"https:\/\/bit.ly\/2y8URRi\">The full list of decisions is here<\/a><\/strong>, and Reuters also <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N2CZ0EN\">has the story<\/a>.<\/p>\n<p><strong>The nighttime curfew will run from 5pm until 6am<\/strong> next week, although Cabinet spokesman Nader Saad told late-night maven Lamees El Hadidi (<a href=\"https:\/\/www.youtube.com\/watch?v=ARG842HpUO8\">watch, runtime: 23:56<\/a>) that factory workers will be exempt in a bid to limit the impact on factory output. <strong>Food deliveries can also continue past curfew hours. <\/strong><\/p>\n<p><strong>Stores, restaurants and public spaces will be closed.<\/strong> The measures \u2014 which are akin to those the government imposed during the Sham El Nessim holiday last month \u2014 include a complete shutdown of all malls, shops, restaurants, public parks, and beaches.<\/p>\n<p><strong>Supermarkets, grocery stores and pharmacies will be allowed to open <\/strong>as will beaches on hotel properties that have reopened and that comply with Health Ministry standards, Saad told Lamees.<\/p>\n<p><strong>Public transportation will also be suspended entirely<\/strong>, particularly as the government looks to curb movement between governorates during the holiday. Saad, however, told state TV host Wael El-Ibrachy that the suspension will not include microbuses (<a href=\"https:\/\/youtu.be\/42XSc2TTEKw?t=736\">watch, runtime 19:17<\/a>. <strong>There do not appear to be restrictions on the movement of personal vehicles <\/strong>between governorates.<\/p>\n<p><strong>Everyone will be expected to wear face masks in \u201cany closed space\u201d<\/strong> starting 30 May, the PM said, which we\u2019re taking as including government buildings, private offices, malls and retail outlets. People will also need to wear masks when using buses, the metro, trains, taxis and ride-hailing services such as Uber and Careem, Madbouly said. Folks choosing not to wear masks could face legal penalties once masks are \u201cavailable for everyone,\u201d Saad added. <strong>The Health Ministry will coordinate the manufacture of cloth face masks<\/strong> at a cost of as little as EGP 5 each that are reusable for up to a month, Saad told El-Ibrachy.<\/p>\n<p><strong>So, when is Eid, exactly? <\/strong>Madbouly didn\u2019t say other than to note that it likely begins on Sunday, but Saad told Lamees <strong>that government and other public-sector employees will have the full week off<\/strong>. Cabinet will make it official with a decree today, Saad said.<\/p>\n<p><strong>The Manpower Ministry is expected to announce today how long the holiday will run <\/strong><strong>for the private sector<\/strong> \u2014 we expect it to be Sunday-Tuesday.<\/p>\n<p><strong>Eid prayers will <\/strong><strong><a href=\"https:\/\/bit.ly\/3bLPwxi\">be broadcast<\/a><\/strong><strong> from inside El Sayeda Nafisa Mosque, <\/strong>as mosques around the country remain closed. Mosques will only be allowed to recite takbeer el Eid through speakers.<\/p>\n<p><strong>Once Eid week is over, we\u2019re back to the same basic set of restrictions as were in <\/strong><strong>place before Ramadan<\/strong>, with the measures being in place until mid-June. This phase, which officially begins on Saturday, 30 May will run for two weeks, Madbouly suggested, and includes allowing shops and malls to open for part of the day and restaurants to operate as they did during Ramadan, (around-the-clock delivery + allowing customers to place takeaway orders in-store). The nighttime curfew will again be shortened to run from 8pm until 6am (one hour longer than at present).<\/p>\n<p><strong>One note: The Health Ministry has pulled from its website a three-phase reopening plan <\/strong>it <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/47164262-3704-4028-a80b-b59dee6dc915\">released last week<\/a>. <a href=\"https:\/\/www.dostor.org\/3089932\">Al Dostor<\/a> is reporting that it has done so because Cabinet is reviewing the document.<\/p>\n<p><strong>In mid-June, the government will allow houses of worship and some leisure activities to <\/strong><strong>gradually reopen.<\/strong> Churches and mosques will be allowed to have limited prayers and ceremonies, Madbouly said. What\u2019s on offer and when will be announced later, he added. The government will also begin gradually allowing <strong>sporting clubs and restaurants<\/strong> to reopen in full, provided they follow specific precautions that will also be outlined at a later date.<\/p>\n<p><strong>Thanaweya Amma exams will begin on 21 June, but students will have the option to <\/strong><strong>postpone sitting the exams until next year<\/strong>, Education Minister Tarek Shawki said at the press conference yesterday. Students who do choose to sit for this year\u2019s exams will be required to maintain safe physical distances within the testing rooms, which will also be rearranged to hold fewer students than normal.<\/p>\n<p><strong>Graduating university seniors will sit their final exams starting 1 <\/strong><strong>July,<\/strong> <a href=\"https:\/\/bit.ly\/3fS8fdL\">Higher Education<\/a><a href=\"https:\/\/bit.ly\/3fS8fdL\">Minister Khaled Abdel Ghafar said<\/a>.<\/p>\n<p><strong>Madbouly didn\u2019t say when Egypt plans to reopen its airspace <\/strong>to regularly scheduled international commercial flights. The flight ban, which has been extended multiple times and was due to expire on Saturday, has been extended for up to two more weeks along with other measures designed to curb the spread of the virus.<\/p>\n<p><strong>Look for an announcement \u201cin the first half of June<\/strong> \u2026 on a timeline for the resumption of flights and the precautionary measures that will accompany it,\u201d Saad told Lamees last night, noting that, \u201csooner or later, flights will resume, particularly as we see European and Asian countries planning to reopen their airspace.\u201d<\/p>\n<p><strong>EgyptAir seems to be taking bookings for next month.<\/strong> The online booking feature on national flag carrier <a href=\"https:\/\/www.egyptair.com\/\">EgyptAir\u2019s website<\/a> shows round-trip flights to several cities available as of 1 June. The carrier has not said when flights will resume, but we understand that aircrew are being told to expect to be in the air once again in June.<\/p>\n<p><strong>We found flights available yesterday from Cairo to <\/strong><strong><a href=\"https:\/\/ent.news\/2020\/5\/London-ticket.jpg\">London<\/a><\/strong><strong>, <\/strong><strong><a href=\"https:\/\/ent.news\/2020\/5\/Washington-ticket.jpg\">Washington<\/a><\/strong><strong>, <\/strong><strong><a href=\"https:\/\/ent.news\/2020\/5\/NYC-ticket.jpg\">New York<\/a><\/strong>, <a href=\"https:\/\/ent.news\/2020\/5\/Paris-ticket.jpg\">Paris<\/a>, <a href=\"https:\/\/ent.news\/2020\/5\/Dubai-ticket.jpg\">Dubai<\/a>, <a href=\"https:\/\/ent.news\/2020\/5\/Jeddah-ticket.jpg\">Jeddah<\/a>, <a href=\"https:\/\/ent.news\/2020\/5\/Montreal-ticket.jpg\">Montreal<\/a>, <a href=\"https:\/\/ent.news\/2020\/5\/Amsterdam-ticket.jpg\">Amsterdam<\/a>, and <a href=\"https:\/\/ent.news\/2020\/5\/Casablanca-ticket.png\">Casablanca<\/a>, among others. Flight aggregator <a href=\"https:\/\/www.expedia.com\/\">Expedia<\/a> also automatically sets 1 June as the first available flight leaving Egypt. Flights to <a href=\"https:\/\/ent.news\/2020\/5\/Beijing-ticket.jpg\">Beijing<\/a>, <a href=\"https:\/\/ent.news\/2020\/5\/Moscow-ticket.jpg\">Moscow<\/a>, <a href=\"https:\/\/ent.news\/2020\/5\/Athens-ticket.jpg\">Athens<\/a>, and <a href=\"https:\/\/ent.news\/2020\/5\/Vienna-ticket.jpg\">Vienna<\/a>, among others, will be available as of 2 June, while a <a href=\"https:\/\/ent.news\/2020\/5\/Toronto-ticket.jpg\">Toronto<\/a> flight is scheduled for 6 June, with return flights available as of this morning on 11 and 13 June.<\/p>\n<p><strong>There are no flights yet available to Frankfurt<\/strong>, Dublin or Tokyo.<\/p>\n<p><strong>Worth remembering: <\/strong>Unless the requirement is amended after Cabinet review, the Health Ministry foresees incoming tourists being required to produce the results of a PCR test completed 48 hours before they embarked on their flights. <strong>There has been no official word on whether travelers arriving in June would still face a 14-day quarantine <\/strong>as is presently the case. <\/p>\n<p><strong>The national flag carrier said yesterday it\u2019s cutting by 10% the salaries of its highest <\/strong><strong>paid employees <\/strong>from May\u2019s paychecks due to the covid-19\u2019s heavy toll on its business, <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN22T0SU\">Reuters\u2019 Arabic service reported<\/a>. This came a day after <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c77abca3-96eb-4f3f-a1c6-85d5e4eaa0e8\">the government said<\/a> it could extend a EGP 2 bn lifeline to see the airline through until the flight ban is lifted.<\/p>\n<p><strong>What are other airlines doing?<\/strong> Emirates <a href=\"https:\/\/www.emirates.com\/eg\/english\/help\/essential-travel\/?\">is operating one-way outbound flights to nine cities<\/a> \u2014 including London, Paris, Milan, Chicago, and Sydney \u2014 between this Thursday, 21 May and 30 June. British Airways\u2019 <a href=\"https:\/\/www.britishairways.com\/en-eg\/information\/incident\/coronavirus\/latest-information?dr=&dt=British%20Airways%20%7C%20Book%20Flights,%20Holidays,%20City%20Breaks%20%26%20Check%20In%20Online&scheme=&audience=travel&CUSTSEG=&GGLMember=&ban=%7C%7CP1M%7C%7C%7C%7C%7C%7C%7CHOME%7C%7C%7C%7CL4%7C%7C%7C%7Canonymous-inspiration%7C%7C%7C&KMtag=c&KMver=1.0&clickpage=HOME\">travel information<\/a> allows travelers who have flights booked up until 31 July to reschedule their tickets or claim a refund, but does not indicate whether this is the date it intends to resume air traffic. Turkish Airlines <a href=\"https:\/\/www.turkishairlines.com\/en-int\/announcements\/coronavirus-outbreak\/cancelled-flights\/\">will resume flights<\/a> on 28 May.<\/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\/aviation\/\">aviation<\/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\/eid-al-fitr\/\">Eid Al Fitr<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/madbouly-cabinet\/\">Madbouly Cabinet<\/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\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/thanaweya-amma\/\">Thanaweya Amma<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"571609\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"571610\" 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=\"571610\">\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\/05\/18\/egypt-in-the-news-on-18-may-2020\/\">\r\n                            Egypt in the News on 18 May 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\/05\/18\/egypt-in-the-news-on-18-may-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\/05\/18\/egypt-in-the-news-on-18-may-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\/05\/18\/egypt-in-the-news-on-18-may-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 18 May 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/egypt-in-the-news-on-18-may-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\/05\/18\/egypt-in-the-news-on-18-may-2020\/&title=Egypt in the News on 18 May 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+18+May+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F05%2F18%2Fegypt-in-the-news-on-18-may-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\/05\/18\/egypt-in-the-news-on-18-may-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571610\" class=\"content-area-description single-story post-571610 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-journalism tag-laila-soueif wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The detention and later release of Mada Masr Editor-in-chief Lina Attalah dominates the conversation on Egypt in the foreign press this morning.<\/strong> Attalah was detained for several hours yesterday after interviewing the mother of jailed activist Alaa Abd El Fattah, Laila Soueif, outside Torah Prison. Attalah was held at a police station in Maadi, but <a href=\"https:\/\/twitter.com\/MadaMasr\/status\/1262127249056120833\">was released<\/a> on <a href=\"https:\/\/twitter.com\/MadaMasr\/status\/1262116481908670466\">EGP 2k bail<\/a> yesterday evening. The story is getting wide attention: <a href=\"https:\/\/www.france24.com\/en\/20200517-editor-in-chief-of-prominent-independent-news-site-arrested-in-egypt\">AFP<\/a> | <a href=\"https:\/\/apnews.com\/eb688eadb3696c4c1ff57f30b19bd459\">AP<\/a> | <a href=\"https:\/\/www.washingtonpost.com\/world\/egyptian-security-forces-arrest-journalist-during-interview-in-latest-crackdown-on-media\/2020\/05\/17\/a65b5c36-9855-11ea-ad79-eef7cd734641_story.html\">Washington Post<\/a> | <a href=\"https:\/\/www.youtube.com\/watch?v=e6lBCOItKFE\">France24<\/a> | <a href=\"https:\/\/www.independent.co.uk\/news\/world\/middle-east\/lina-attalah-arrest-egypt-cairo-police-sisi-tora-prison-a9519126.html\">The Independent<\/a> | <a href=\"https:\/\/www.theguardian.com\/world\/2020\/may\/17\/egyptian-editor-held-in-covid-19-reporting-crackdown\">the Guardian<\/a> | <a href=\"https:\/\/www.ilmattino.it\/primopiano\/esteri\/egitto_arrestata_la_giornalista_lina_attalah_direttrice_unico_sito_indipendente_paese-5233505.html\">Il Mattino<\/a> | <a href=\"https:\/\/cpj.org\/2020\/05\/egyptian-police-arrest-mada-masr-editor-lina-attal.php\">Committee to Protect Journalists<\/a>.<\/p>\n<p><strong>Elsewhere in the foreign press:<\/strong> The <a href=\"https:\/\/www.ft.com\/content\/8c09345c-7ea3-468b-b629-6f90c84d8707\">Financial Times\u2019 Heba Saleh<\/a> looks at the slowdown businesses are facing as a result of lockdown measures the government has imposed over the past several weeks.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/journalism\/\">journalism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/laila-soueif\/\">Laila Soueif<\/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=\"571614\" 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=\"571614\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/the-market-yesterday-94\/\">\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\/05\/18\/the-market-yesterday-94\/\" 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\/05\/18\/the-market-yesterday-94\/')\">\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\/05\/18\/the-market-yesterday-94\/\">\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\/05\/18\/the-market-yesterday-94\/\">\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\/05\/18\/the-market-yesterday-94\/&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%2F05%2F18%2Fthe-market-yesterday-94%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\/05\/18\/the-market-yesterday-94\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571614\" class=\"content-area-description single-story post-571614 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 15.70 | Sell 15.80<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.72 | Sell 15.82<\/p>\n<p><strong>EGP \/ USD at NBE: <\/strong>Buy 15.70 | Sell 15.80<\/p>\n<p><strong>EGX30<\/strong> (Sunday): 10,357 (+0.7%)<br \/>\n <strong>Turnover:<\/strong> EGP 371 mn (47% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -25.8%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 ended Sunday\u2019s session up 0.7%. CIB, the index\u2019s heaviest constituent, ended up 0.7%. EGX30\u2019s top performing constituents were GB Auto up 3.2%, Eastern Company up 2.9%, and Cleopatra Hospitals up 2.9%. Yesterday\u2019s worst performing stocks were Orascom Construction down 1.3%, Dice down 1.2% and Ibnsina Pharma down 0.9%. The market turnover was EGP 371 mn, and regional investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -45.0 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +4.1 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -49.1 mn<\/p>\n<p><strong>Retail<\/strong>: 67.3% of total trades | 70.8% of buyers | 63.9% of sellers<br \/>\n <strong>Institutions<\/strong>: 32.7% of total trades | 29.2% of buyers | 36.1% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 29.43 (+6.79%)<br \/>\n <strong>Brent:<\/strong> USD 32.50 (+4.40%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.65 MMBtu, (-2.08%, Jun 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,756.30 \/ troy ounce (+0.88%)<\/p>\n<p><strong>TASI:<\/strong> 6,824.70 (+1.60%) (YTD: -18.65%)<br \/>\n <strong>ADX:<\/strong> 4,065.03 (-0.05%) (YTD: -19.91%)<br \/>\n <strong>DFM:<\/strong> 1,911.83 (+0.92%) (YTD: -30.85%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,147.04 (+2.44%)<br \/>\n <strong>QE:<\/strong> 8,699.45 (-0.41%) (YTD: -16.56%)<br \/>\n <strong>MSM:<\/strong> 3,437.50 (+0.46%) (YTD: -13.66%)<br \/>\n <strong>BB: <\/strong>1,246.14 (+0.44%) (YTD: -22.61%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"571615\" 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\/05\/18\/571615\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571615\" class=\"content-area-description single-story post-571615 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>23 May (Saturday): Earliest date on which suspension of international flights to \/ from Egypt expires.<\/p>\n<p>23 May (Saturday): Earliest date by which restaurants, gyms, nightclubs, museums and archaeological sites will reopen.<\/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>31 May (Sunday): <a href=\"https:\/\/hapijournal.com\/2020\/04\/28\/%d8%a2%d8%b1%d8%a7%d8%a8%d9%8a%d8%a7-%d8%a7%d9%86%d9%81%d8%b3%d8%aa%d9%85%d9%86%d8%aa%d8%b3-%d8%ad%d8%ac%d8%b2-%d8%af%d8%b9%d9%88%d9%89-%d8%a7%d9%84%d9%82%d8%a7%d9%87%d8%b1%d8%a9-%d9%84%d9%84%d8%aa-2\/\">A postponed court session<\/a> for the lawsuit filed by Cairo Development and Auto Industry, a subsidiary of Arabia Investment Holding, against Peugeot Automotive to demand EUR 150 mn compensation.<\/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>30 June (Sunday): Anniversary of the June 2013 protests, 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":571592,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-571591","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"18387ef7-40a2-4bf8-a8f0-6ced41487f2b","teaser":"","photo_url":"https:\/\/ent.news\/2020\/5\/182.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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