{"id":571836,"date":"2020-06-02T04:37:42","date_gmt":"2020-06-02T04:37:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=571836"},"modified":"2025-12-16T08:14:22","modified_gmt":"2025-12-16T08:14:22","slug":"hospitals-capped-at-egp-10k-day-for-covid-treatment","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/hospitals-capped-at-egp-10k-day-for-covid-treatment\/","title":{"rendered":"Hospitals capped at EGP 10k\/day for covid treatment"},"content":{"rendered":"<section id=\"571838\" 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=\"571838\">\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\/06\/02\/what-were-tracking-on-2-june-2020\/\">\r\n                            What we\u2019re tracking on 2 June 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\/06\/02\/what-were-tracking-on-2-june-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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Perhaps it\u2019s the \u201cjetlag\u201d from Eid \u2014 or maybe it\u2019s just the glut of bad news at home and abroad.<\/p><p><strong>We\u2019re going easy on ourselves this week <\/strong>\u2014 trying to remember who we are, what our job descriptions are and what we were working on before the break. But next week, we\u2019re giving long, hard thought to what\u2019s next. That was the theme of <a href=\"https:\/\/inktankir.com\/what-if-we-could-start-from-scratch-what-would-we-build\/\">a note we sent out a few weeks back<\/a>. And if you need more in that vein to get you through this week so that you can do the same, go read <a href=\"https:\/\/www.ft.com\/content\/7795c725-d5c1-4640-80c2-79fa83cca901\">Six businesses finding an upside in the coronavirus crisis<\/a> in the Financial Times.<\/p><p><strong>Key news triggers<\/strong> coming up in the weeks ahead:<\/p><ul>\n<li><strong>PMI figures for Egypt, Saudi Arabia and the UAE<\/strong> will land tomorrow at around 6:15am CLT, according to <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/ReleaseDates?language=en\">IHS Markit\u2019s calendar<\/a>.<\/li>\n<li><strong>Foreign reserves<\/strong> figures for May should be out early next week.<\/li>\n<li><strong>Inflation data<\/strong> for May will land on <strong>Wednesday, 10 June<\/strong>.<\/li>\n<li><strong>The Central Bank of Egypt will meet to review interest rates<\/strong> on Thursday, 25 June.<\/li>\n<li><strong>Founding members of the EastMed Gas Forum will meet in June<\/strong> to ink the Cairo-based energy organization\u2019s charter.<\/li>\n<\/ul><p><strong>The market today:<\/strong> Global stocks are still trading at a three-month high. <strong>Asian markets<\/strong> are mixed in early trading this morning with Shanghai down, Australia flat and both the Nikkei and Kospi edging into the green. <strong>European shares<\/strong> look set to open in the green later this morning, while futures suggest <strong>US stocks<\/strong> look set to dip at the opening bell after <a href=\"https:\/\/www.reuters.com\/article\/us-usa-stocks\/wall-street-closes-higher-as-recovery-signs-soothe-protest-pandemic-worries-idUSKBN2382HP?il=0\">posting gains yesterday<\/a> despite six nights of nationwide protests against racial injustice and economic disparities. Protests and violence haven\u2019t yet convinced investors to recalibrate their long-term views, the <a href=\"https:\/\/www.ft.com\/content\/7e56fdd5-951a-44bb-9745-c5d8d491991c\">Financial Times<\/a> writes. <strong>The EGX30 was essentially flat in heavy trading yesterday<\/strong>, closing the day up 0.1%.<\/p><p><strong>COVID-19 IN EGYPT-<\/strong><\/p><p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>The Health Ministry<\/strong> <strong><a href=\"https:\/\/tinyurl.com\/y8v7d2q9\">confirmed<\/a><\/strong><strong> 46 new deaths from covid-19 yesterday<\/strong>, bringing the country\u2019s total death toll to 1,005. Egypt has now disclosed a total of 26,348 confirmed cases of covid-19, after the ministry reported 1,399 new infections yesterday, which<a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-egypt-toll\/egypt-reports-first-decline-in-new-coronavirus-cases-for-a-week-idUSKBN2383JS\">Reuters<\/a> noted is the first decline of daily new cases in a week. We now have a total of 7,149 confirmed cases that have since tested negative for the virus after being hospitalized or isolated, of whom 6,447 have fully recovered.<\/p><p><strong>Egypt could hit the 30k case mark by the end of this week <\/strong>and add another 10k cases next week, Higher Education Minister Khaled Abdel Gaffar said yesterday, <a href=\"https:\/\/bit.ly\/3cnKRS8\">Hapi Journal reports<\/a>. Abdel Ghaffar also floated the idea that we could see 1 mn cases in total under one of the government\u2019s less likely projected infection scenarios \u2014 where we wind up, he said, depends largely on people\u2019s behavior (<a href=\"https:\/\/www.youtube.com\/watch?v=zzsiR2J8X30\">watch, runtime 1:29<\/a>).<\/p><p><strong>The total number of covid-19 fatalities among Egyptian physicians rose to <\/strong><strong>32<\/strong><strong> on<\/strong> <strong>Monday<\/strong> while infections hit 372, <a href=\"https:\/\/bit.ly\/2XkFnnc\">Youm7<\/a> reports The syndicate <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ee2fcc31-062e-48d9-8f41-7f4524a512be\">has been calling on the Health Ministry<\/a> to better <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5337c61c-cc19-4ede-a95d-02700eccae6d\">protect frontline medical workers<\/a>.<\/p><p><strong>Hospitals and pharmacies remain well-stocked with medical equipment across the <\/strong><strong>country<\/strong>, said Health Minister Hala Zayed, who urged people to refrain from panic buying immune-modifying medicine to avoid shortages, according to <a href=\"https:\/\/www.facebook.com\/egypt.mohp\/posts\/177132970503990\">a ministry statement<\/a>.<\/p><p><strong>Grocery stores and retail operators have a new set of guidelines to follow <\/strong>that puts the onus on them to ensure the safety of their shoppers, according to <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1983674\">Al Masry Al Youm<\/a>. The <a href=\"https:\/\/www.facebook.com\/msitegypt\/photos\/a.627579237328009\/2978000598952516\/?type=3&amp;theater\">rules include<\/a>: Barring anyone without a mask from entry; providing plastic gloves, disinfectants and masks to patrons at cost; routine surface cleaning; enforcing social distancing throughout, including in checkout aisles; and limiting traffic to 25% of a store\u2019s maximum occupancy, among others.<\/p><hr class=\"grey-line\"><p><strong>The EGP is back to where it stood in mid-January against the USD<\/strong>, easing four piasters yesterday against the greenback to 15.87, according to <a href=\"https:\/\/ent.news\/2020\/6\/ExchangeRatesHistorical.pdf\">data from the Central Bank of Egypt (pdf)<\/a>. The EGP had rallied more than 3% against the greenback during the first seven weeks of 2020 and had held steady since the onset of the pandemic before easing in the past two weeks. The <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-06-01\/overvalued-african-currencies-may-strain-central-bank-reserves?sref=mmeFTDW1\">EGP, NRN and KES<\/a> have all held their value as other African currencies have slumped under pandemic pressure.<\/p><p><strong>Citizens living abroad will get a six-month extension on the validity of their passports<\/strong> to help them renew their residence status wherever they\u2019re living now while overseas passport services are suspended, <a href=\"https:\/\/bit.ly\/2Mp5hj7\">according to Al Masry Al Youm<\/a>.<\/p><p><strong>Hotels will now be able to operate at a 50% occupancy rate<\/strong> if they meet the necessary safety requirements, the <a href=\"https:\/\/bit.ly\/2ZWLhfT\">Tourism Ministry announced<\/a> yesterday. Some <a href=\"https:\/\/bit.ly\/2AlBZ2i\">78 properties<\/a>, mostly along the Red Sea, were open starting in Eid With a 25% cap on occupancy under <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/911208cc-7e2c-43c6-9b09-9f249c961415\">new rules<\/a> designed to prevent the spread of covid-19.<\/p><p><strong>Irrigation Minister Mohamed Abdel Ati has concluded his time in self-isolation<\/strong> after having come in contact with Daqahlia Governor Ayman Mokhtar, who <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2305524b-1466-404a-bab6-18f41462ca43\">last month<\/a> tested positive for the virus, according to state-owned <a href=\"http:\/\/gate.ahram.org.eg\/News\/2411997.aspx\">Ahram Gate<\/a>. Abdel Ati is expected back in the office today.<\/p><p><strong>A new curfew means a new metro timetable:<\/strong> The Cairo Metro is now running from 5:15 am, with last trains departing at 7:15-7:45 pm depending on the line, according to the <a href=\"https:\/\/bit.ly\/2U0Zvse\">Transport Ministry<\/a>. This comes as the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/20a315b1-16e6-48d8-8ebc-987f478e122c\">new curfew hours<\/a> (8 pm-5am) came into effect yesterday.<\/p><p><strong>DONATIONS-<\/strong><\/p><p><strong>Do you want to help the UNDP? <\/strong>The UN Development Program Egypt has launched the <a href=\"https:\/\/www.instagram.com\/p\/CAk5hQZHDU0\/?utm_source=ig_web_copy_link\">Kemama campaign<\/a> to fund the production of medical masks in Upper Egypt, in partnership with its <a href=\"http:\/\/altfinlab.org\/\">AltFinLab<\/a> and the <a href=\"https:\/\/elneya.org\/about\/\">Neya Foundation<\/a>. You can make a contribution in <a href=\"https:\/\/elneya.org\/product\/kemama-a-story-of-protection\/\">EGP<\/a> or <a href=\"https:\/\/give.undp.org\/campaign\/kemama\/c286936\">USD<\/a>.<\/p><p><strong>Covid aid to Africa: <\/strong>Egypt\u2019s Armed Forces sent a military plane containing medical supplies and protective gear to DR Congo and Zambia yesterday, <a href=\"https:\/\/bit.ly\/36S3yw8\">according to a statement from the military spokesperson<\/a>.<\/p><p><strong>Banks backing hospital in Upper Egypt: <\/strong>NBE and Banque Misr are donating EGP 130 mn to develop an extension to Minya University\u2019s hospital <a href=\"https:\/\/bit.ly\/3cnyZja\">according to Hapi Journal<\/a>. The new branch is set to include two operating rooms, an intensive care unit, a recovery room, a communications hub and outpatient clinics.<\/p><p class=\"web-image stand-out-borderless\"><a href=\"https:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/a_new_perspective_web-scaled.jpg?ssl=1\" alt=\"enterprise\"><\/a>Somabay is naturally shifting its mindset to adapt to a new course of direction, paving the way for what\u2019s yet to come. A new perspective is just over the horizon.<\/p><p><strong>ON THE GLOBAL FRONT-<\/strong><\/p><p><strong>More people are dying of heart disease, diabetes and respiratory diseases since the <\/strong><strong>pandemic kicked off<\/strong>, the <a href=\"https:\/\/www.nytimes.com\/interactive\/2020\/06\/01\/us\/coronavirus-deaths-new-york-new-jersey.html\">New York Times<\/a> writes, saying, \u201cPublic health experts have said that many of these additional deaths from other causes may be undercounts or misdiagnoses of Covid-19, or indirectly linked to the pandemic otherwise.\u201d<\/p><p><strong>The global reopening continues<\/strong> as <a href=\"https:\/\/www.bbc.co.uk\/news\/education-52854688\">the UK allows some primary school students to return<\/a> to classrooms and <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-turkey\/turkey-eases-coronavirus-measures-re-opens-restaurants-parks-idUSKBN2381J5\">Turkey lifts travel restrictions between major cities<\/a> and reopened cafes and restaurants<\/p><p><strong>GLOBAL MACRO-<\/strong><\/p><p><strong>It could take the US economy as much as a decade to recover from the effects of the <\/strong><strong>coronavirus<\/strong>, the <a href=\"https:\/\/www.wsj.com\/articles\/decline-in-factory-output-eased-in-may-but-recovery-set-to-be-slow-11591006623\">Wall Street Journal<\/a> reports, citing a report by a US budget agency and calling it a <strong>long swoosh recovery.<\/strong><\/p><p><strong>European manufacturers fared slightly better last month \u2014 but that\u2019s not saying<\/strong> <strong>much:<\/strong> Manufacturing activity in the eurozone rebounded slightly in May but remained in deep contraction as output and new orders continued to feel the suffocating effects of lockdown, according to fresh <a href=\"https:\/\/www.markiteconomics.com\/Public\/Home\/PressRelease\/687f08fa4a6c4996ac315ef9041278dd\">IHS Markit PMI data (pdf)<\/a>.<\/p><p><strong>China, meanwhile, is in recovery mode<\/strong>: Manufacturing activity in China expanded as the country exited its lockdown restrictions. <a href=\"https:\/\/www.markiteconomics.com\/Public\/Home\/PressRelease\/976d7a2e5fa84d70be58464da10f7ff9\">PMI data (pdf)<\/a> edged up to 50.7 in May from 49.4 in April despite new export orders continuing to contract sharply on weak external demand.<\/p><p><strong>Saudi Arabia\u2019s central bank has provided banks with USD 13.3 bn in fresh<\/strong> <strong>liquidity to keep credit flowing to the private sector<\/strong>, as the country\u2019s economy reels from the global pandemic and low oil prices, the Saudi Arabian Monetary Authority <a href=\"http:\/\/www.sama.gov.sa\/ar-sa\/News\/Pages\/news-574.aspx\">announced on Monday.<\/a><\/p><p><strong>Goldman Sachs is going short on the USD<\/strong> in anticipation that \u201csteady reopening process, limited evidence of a pickup in Covid infection rates, and encouraging policy actions\u201d will lower demand for greenbacks as investors move out of safe havens in search of returns, <a href=\"https:\/\/www.cnbc.com\/2020\/06\/01\/goldman-sachs-bets-against-the-dollar-as-economies-reopen.html\">CNBC reports<\/a>, citing a note written by strategists over the weekend.<\/p><p><strong>Woman-led hedge funds did better in the insanity of covid-19 than did their male counterparts<\/strong><strong>: <\/strong>A small sample of hedge funds managed by women has outperformed male-led counterparts through the pandemic, <a href=\"https:\/\/www.ft.com\/content\/5aa6f6e9-ce55-477b-920b-0a099fc0642b\">the Financial Times reported<\/a>, citing data by Hedge Fund Research\u2019s (HFR) Women Access index. The cluster of funds lost only 3.5% in the first four months of 2020, compared with the 5.5% drop in the broader HFRI 500 Fund Weighted index.<\/p><p><strong>THE REST OF THE WORLD BEYOND COVID- <\/strong><\/p><p><strong>King Cheeto has threatened to deploy the military to quell protests over racial and <\/strong><strong>economic inequality in America <\/strong>and is demanding that governors get tough on what he called \u201cdomestic acts of terror\u201d as protests raged on for a seventh night. Peaceful daytime protests gave way to clashes with police in New York, Washington and Los Angeles and New York imposed an <a href=\"https:\/\/www.reuters.com\/article\/us-minneapolis-police-new-york-cuomo\/new-york-city-institutes-curfew-governor-cuomo-calls-for-police-reforms-idUSKBN23832V\">11pm-5am curfew last night<\/a>. The story dominates front pages around the world: <a href=\"https:\/\/www.ft.com\/content\/ed7dc274-f9d7-4377-b9f8-015dfc972aa4\">FT<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/trump-pushes-governors-to-get-tough-on-violent-protesters-11591026977\">WSJ<\/a> | <a href=\"https:\/\/www.nytimes.com\/2020\/06\/01\/us\/floyd-protests-live.html\">NYT<\/a> | <a href=\"https:\/\/www.washingtonpost.com\/politics\/trump-governors-george-floyd-protests\/2020\/06\/01\/430a6226-a421-11ea-b619-3f9133bbb482_story.html\">WaPo<\/a> | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-06-01\/trump-to-speak-at-white-house-amid-violent-nationwide-protests?srnd=premium-middle-east\">Bloomberg<\/a> | <a href=\"https:\/\/www.cnbc.com\/2020\/06\/01\/trump-threatens-to-deploy-military-as-george-floyd-protests-continue-to-shake-the-us.html\">CNBC<\/a>.<\/p><p><strong>Business leaders across the US are <\/strong><strong><a href=\"https:\/\/www.wsj.com\/articles\/ceos-and-big-businesses-speak-out-on-racism-police-violence-11591050109\">speaking out against racism and police violence<\/a><\/strong>, the Wall Street Journal notes, and watchdogs have now documented more than <strong>100 deliberate acts of police violence against journalists <\/strong>(<a href=\"https:\/\/www.niemanlab.org\/2020\/06\/well-try-to-help-you-follow-the-police-attacks-on-journalists-across-the-country\/\">here<\/a> and <a href=\"https:\/\/www.bellingcat.com\/news\/americas\/2020\/05\/31\/us-law-enforcement-are-deliberately-targeting-journalists-during-george-floyd-protests\/\">here<\/a>). Egyptian readers who lived through 2011 will relate to reports that police are shooting targeting the faces of media and protesters alike with \u201cnon-lethal\u201d rounds, including at least one photojournalist who has lost the sight in one eye after being hit.<\/p><p><strong>Required reading <\/strong>for those among us trying to get our heads around what\u2019s going on: <strong><a href=\"https:\/\/www.theatlantic.com\/national\/archive\/2011\/11\/how-the-war-on-terror-has-militarized-the-police\/248047\/\">How the<\/a><\/strong><strong><a href=\"https:\/\/www.theatlantic.com\/national\/archive\/2011\/11\/how-the-war-on-terror-has-militarized-the-police\/248047\/\">war on terror has militarized the police<\/a><\/strong>. It\u2019s from back in 2011 \u2014 and no less relevant a decade later.<\/p><hr class=\"grey-line\"><p><strong>The US-China trade agreement is hanging by a thread after<\/strong> China instructed major state companies to indefinitely halt purchases of US soybeans and other farm goods as tensions ratchet up between Beijing and Washingnton over Hong Kong and the covid-19 pandemic, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-06-01\/china-halts-some-u-s-farm-imports-threatening-trade-deal\">Bloomberg reports<\/a>, citing unnamed sources.<\/p><p><strong>The robot takeover of journalism begins:<\/strong> Microsoft is laying off dozens of its contract news producers working at MSN and will instead rely on AI to produce some of its news coverage, sources <a href=\"https:\/\/www.seattletimes.com\/business\/local-business\/microsoft-is-cutting-dozens-of-msn-news-production-workers-and-replacing-them-with-artificial-intelligence\/\">told the Seattle Times<\/a>.<\/p><p><strong>PSA- We\u2019re in for a spell of warmer weather<\/strong>, with the mercury in the capital city set to gradually rise from 32\u00b0C today to 39\u00b0C at the start of next week, according to our favourite weather app.<\/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\/armed-forces\/\">Armed Forces<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/central-bank-of-egypt\/\">Central Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n             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href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/mandatory-pricing-scheme-for-egypts-hospitals-rising-covid-19-cases-lead-the-airwaves\/\">\r\n                            Mandatory pricing scheme for Egypt\u2019s hospitals + rising covid-19 cases lead the airwaves                        <\/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\/06\/02\/mandatory-pricing-scheme-for-egypts-hospitals-rising-covid-19-cases-lead-the-airwaves\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/mandatory-pricing-scheme-for-egypts-hospitals-rising-covid-19-cases-lead-the-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571840\" class=\"content-area-description single-story post-571840 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-khaled-abdel-ghaffar wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The biggest piece of news to emerge from the airwaves last night was the Health<\/strong><strong> Ministry\u2019s release of its mandatory pricing scheme<\/strong> for hospitals treating covid-19 patients, which El Hekaya\u2019s Amr Adib broke down for viewers. We have the full story in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>Al Kahera Alaan\u2019s Lamees El Hadidi zoned in on the trajectory of covid-19 cases and deaths in Egypt<\/strong>, taking note of Higher Education Minister Khaled Abdel Ghaffar\u2019s suggestion that the real number of cases is significantly higher than those detected and confirmed by the Health Ministry. We have the story in What We\u2019re Tracking Today, above (<a href=\"https:\/\/www.youtube.com\/watch?v=K0XvvvANbMk\">watch, runtime: 3:01<\/a>).<\/p>\n<p><strong>It remains \u201cdifficult to predict\u201d when the government will decide to entirely lift its covid-19 lockdown measures<\/strong>, including the nighttime curfew and ban on international flights, Cabinet spokesman Nader Saad told El Hadidi. However, restaurants will likely be open to the public again soon under specific regulations, he said. Once they do open, mosques will also have a set of precautionary measures, including requiring all worshipers to bring their own prayer mats and maintain a safe physical distance from each other during prayer, Saad said. He also remained tight-lipped on the international flight ban, saying that Cabinet will decide on the matter at its meeting this week (<a href=\"https:\/\/www.youtube.com\/watch?v=YQ06Doi1gO4\">watch, runtime: 19:40<\/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\/khaled-abdel-ghaffar\/\">Khaled Abdel Ghaffar<\/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=\"571841\" 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=\"571841\">\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\/06\/02\/health-ministry-imposes-egp-10k-day-price-cap-on-covid-19-treatment-at-egypts-hospitals-no-private-sector-covid-tests-yet\/\">\r\n                            Health Ministry imposes EGP 10k \/ day price cap on covid-19 treatment at Egypt\u2019s hospitals; no private sector covid tests yet                        <\/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\/06\/02\/health-ministry-imposes-egp-10k-day-price-cap-on-covid-19-treatment-at-egypts-hospitals-no-private-sector-covid-tests-yet\/\" 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\/06\/02\/health-ministry-imposes-egp-10k-day-price-cap-on-covid-19-treatment-at-egypts-hospitals-no-private-sector-covid-tests-yet\/')\">\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\/06\/02\/health-ministry-imposes-egp-10k-day-price-cap-on-covid-19-treatment-at-egypts-hospitals-no-private-sector-covid-tests-yet\/\">\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=Health Ministry imposes EGP 10k \/ day price cap on covid-19 treatment at Egypt\u2019s hospitals; no private sector covid tests yet&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/health-ministry-imposes-egp-10k-day-price-cap-on-covid-19-treatment-at-egypts-hospitals-no-private-sector-covid-tests-yet\/\">\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\/06\/02\/health-ministry-imposes-egp-10k-day-price-cap-on-covid-19-treatment-at-egypts-hospitals-no-private-sector-covid-tests-yet\/&title=Health Ministry imposes EGP 10k \/ day price cap on covid-19 treatment at Egypt\u2019s hospitals; no private sector covid tests yet\">\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=Health+Ministry+imposes+EGP+10k+%2F+day+price+cap+on+covid-19+treatment+at+Egypt%E2%80%99s+hospitals%3B+no+private+sector+covid+tests+yet+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F02%2Fhealth-ministry-imposes-egp-10k-day-price-cap-on-covid-19-treatment-at-egypts-hospitals-no-private-sector-covid-tests-yet%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\/06\/02\/health-ministry-imposes-egp-10k-day-price-cap-on-covid-19-treatment-at-egypts-hospitals-no-private-sector-covid-tests-yet\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571841\" class=\"content-area-description single-story post-571841 post type-post status-publish format-standard hentry category-speed-round tag-covid-19 tag-enterpriseam tag-health-ministry tag-healthcare tag-lab-testing 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>Health Ministry imposes EGP 10k \/ day price cap on covid-19 treatment at<\/strong><strong> Egypt\u2019s hospitals; no private-sector covid tests yet:<\/strong> The Health Ministry released yesterday a mandatory pricing scheme for all hospitals, including private-sector operators, treating covid-19 patients, according to a statement carried by El Hekaya\u2019s Amr Adib (<a href=\"https:\/\/www.youtube.com\/watch?v=6OG0U53gROk\">watch, runtime: 4:13<\/a>). The daily cost of treatment, which is inclusive of all tests, scans, meds, and other fees, have been set as follows:<\/p>\n<ul>\n<li>EGP 1.5k-3k per day for lower-level \u201cisolation\u201d services, which are meant for patients with mild symptoms;<\/li>\n<li>EGP 5k-7k per day for ICU patients who do not require ventilators;<\/li>\n<li>EGP 7.5k-10k per day for ICU patients who need ventilators.<\/li>\n<\/ul>\n<p><strong>The mandatory pricing scheme comes amid claims some providers had allegedly <\/strong><strong>been <\/strong><strong>\u201covercharging\u201d patients for services<\/strong>, and follows an increasing number of calls from MPs to regulate pricing at private hospitals. The Health Ministry recently allowed the private sector to begin treating covid-19 cases, after having initially limited treatment to one facility in Matrouh. There are currently 367 state facilities \u2014 including university hospitals \u2014 authorized to treat covid patients.<\/p>\n<p><strong>Will the government allow private labs to provide covid-19 testing under <\/strong><strong>government supervision soon?<\/strong> Health Ministry spokesman Khaled Megahed told Adib that the government has sufficiently expanded the network of state-owned labs providing covid-19 testing, particularly outside central governorates such as Cairo (<a href=\"https:\/\/www.youtube.com\/watch?v=Wx4ESjSvJTQ\">watch, runtime: 5:35<\/a>). Megahed did not rule out a scenario in which the government could allow the private sector to also begin offering these tests, but said that health officials continue to take new decisions as the situation develops on the ground.<\/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-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\/lab-testing\/\">lab testing<\/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=\"571853\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"571854\" 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=\"571854\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/on-the-good-news-front-asia-is-showing-that-em-are-not-being-shut-out-of-the-global-debt-markets\/\">\r\n                            On the good news front: Asia is showing that EM are not being shut out of the global debt markets                        <\/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\/06\/02\/on-the-good-news-front-asia-is-showing-that-em-are-not-being-shut-out-of-the-global-debt-markets\/\" 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\/06\/02\/on-the-good-news-front-asia-is-showing-that-em-are-not-being-shut-out-of-the-global-debt-markets\/')\">\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\/06\/02\/on-the-good-news-front-asia-is-showing-that-em-are-not-being-shut-out-of-the-global-debt-markets\/\">\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=On the good news front: Asia is showing that EM are not being shut out of the global debt markets&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/on-the-good-news-front-asia-is-showing-that-em-are-not-being-shut-out-of-the-global-debt-markets\/\">\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\/06\/02\/on-the-good-news-front-asia-is-showing-that-em-are-not-being-shut-out-of-the-global-debt-markets\/&title=On the good news front: Asia is showing that EM are not being shut out of the global debt markets\">\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=On+the+good+news+front%3A+Asia+is+showing+that+EM+are+not+being+shut+out+of+the+global+debt+markets+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F02%2Fon-the-good-news-front-asia-is-showing-that-em-are-not-being-shut-out-of-the-global-debt-markets%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\/06\/02\/on-the-good-news-front-asia-is-showing-that-em-are-not-being-shut-out-of-the-global-debt-markets\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/17.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"571855\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/on-the-good-news-front-asia-is-showing-that-em-are-not-being-shut-out-of-the-global-debt-markets\/17-jpg-17\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/17.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"17.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/17.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/17.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571854\" class=\"content-area-description single-story post-571854 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-debt tag-emerging-markets tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>On the good news front: Asia is showing that EM are not being shut out of the global <\/strong><strong>debt markets. <\/strong>Asian companies are leading what\u2019s looking like a revival in risk appetite among debt investors, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-05-31\/asia-leads-rally-as-emerging-markets-return-to-raise-dollar-debt?sref=mmeFTDW1\">says Bloomberg<\/a>. Corporate USD bond sales, particularly by high-yielding Asian borrowers, hit fresh highs in May as investors became more confident that the worst of the pandemic is behind us. The situation is still different in emerging Europe and elsewhere, but, if anything, Asia\u2019s story means that as economies reopen, so will debt markets.<\/p>\n<p><strong>Beyond Asia, the USD debt market has been \u201cmore hesitant.\u201d <\/strong>This is because Asian economies were hit earlier by the outbreak and are ahead of the curve in reopening their economies. Despite this, some investors are still buying high-yield debt, even in Latin America, where some countries are yet to see the infection rate peak. Brazil\u2019s state-owned Petrobras sold USD 3.25 bn-worth of bonds last week, in a sign perhaps that junk-rated Latam corporate borrowers will start tapping the market soon.<\/p>\n<p><strong>This wave of optimism applies to the risky sovereign debt market too,<\/strong> the business information service notes, citing <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/925263b4-1bc7-4df7-bcdc-3335f83063f0\">Egypt\u2019s successful USD 5 bn eurobond sale last month as an example<\/a>. South Africa, Brazil and Ukraine are likely to follow suit if risk appetite continues to increase.<\/p>\n<p><strong>But we haven\u2019t yet returned to normality:<\/strong> Investor sentiment remains in a fragile state due to the continuing spread of the virus and the increasing trade tensions between the US and China, Trieu Pham , EM credit strategy analyst at ING, <a href=\"https:\/\/think.ing.com\/articles\/em-sovereign-debt-issuance-encouraging-signs-but-not-yet-back-to-business-as-usual\/\">wrote in a blog post<\/a>. \u201cNot all issuers will find it as easy as Egypt which has gained a lot of investor recognition \u2026 We believe that investors will remain highly selective when it comes to non-investment grade issuers,\u201d he wrote.<\/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\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"571856\" 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=\"571856\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/egypt-in-the-news-on-2-june-2020\/\">\r\n                            Egypt in the News on 2 June 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\/06\/02\/egypt-in-the-news-on-2-june-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\/06\/02\/egypt-in-the-news-on-2-june-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\/06\/02\/egypt-in-the-news-on-2-june-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 2 June 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/egypt-in-the-news-on-2-june-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\/06\/02\/egypt-in-the-news-on-2-june-2020\/&title=Egypt in the News on 2 June 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+2+June+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F02%2Fegypt-in-the-news-on-2-june-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\/06\/02\/egypt-in-the-news-on-2-june-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571856\" class=\"content-area-description single-story post-571856 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-covid-19 tag-egypt-in-the-news tag-enterpriseam tag-hazem-el-beblawi tag-human-rights tag-politics wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s another blessedly quiet morning for Egypt in the foreign press.<\/strong> A couple of headlines to keep on your radar:<\/p>\n<ul>\n<li><strong>Low-income Egyptians are struggling with the added financial burden of <\/strong><strong>face-masks <\/strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/94b196e3-d276-4bda-804d-a1d65b1fdd3e\">required by the government<\/a> in public spaces and transport, <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN2381JI\">reports Reuters<\/a>. <\/li>\n<li><strong>Former detainee sues caretaker PM Beblawi over alleged torture:<\/strong> Former Islamist detainee turned rights advocate Mohamed Soltan has filed a federal lawsuit in the US against former interim prime minister and current IMF executive board member Hazem El Beblawi, age 83, over alleged torture and abuse during his detention in Egypt between 2013 and 2015, <a href=\"https:\/\/www.washingtonpost.com\/local\/legal-issues\/mohamed-soltan-us-citizen-held-as-political-prisoner-files-torture-lawsuit-against-egypts-ex-prime-minister\/2020\/06\/01\/b484d330-a1d5-11ea-b5c9-570a91917d8d_story.html\">the Washington Post reports<\/a>.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hazem-el-beblawi\/\">Hazem El Beblawi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"571857\" 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=\"571857\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/edison-drills-gas-well-in-east-mediterranean\/\">\r\n                            Edison drills gas well in East Mediterranean                        <\/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\/06\/02\/edison-drills-gas-well-in-east-mediterranean\/\" 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\/06\/02\/edison-drills-gas-well-in-east-mediterranean\/')\">\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\/06\/02\/edison-drills-gas-well-in-east-mediterranean\/\">\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=Edison drills gas well in East Mediterranean&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/edison-drills-gas-well-in-east-mediterranean\/\">\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\/06\/02\/edison-drills-gas-well-in-east-mediterranean\/&title=Edison drills gas well in East Mediterranean\">\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=Edison+drills+gas+well+in+East+Mediterranean+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F02%2Fedison-drills-gas-well-in-east-mediterranean%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\/06\/02\/edison-drills-gas-well-in-east-mediterranean\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571857\" class=\"content-area-description single-story post-571857 post type-post status-publish format-standard hentry category-energy tag-edison tag-energy tag-enterpriseam tag-italy tag-mediterranean wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Italy\u2019s Edison has completed drilling a 5670.5 meter gas well at its North Theqa concession in the East Mediterranean, <a href=\"https:\/\/bit.ly\/304sK1r\">according to Amwal Al Ghad<\/a>. The company had contracted Maersk Drilling for a deepwater semi-submersible drilling rig to drill an exploration well in the gas field <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/04\/italys-edison-to-drill-exploratory-well-in-offshore-theqa-concession-in-4q2019\/\">last year<\/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\/edison\/\">Edison<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/italy\/\">Italy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mediterranean\/\">Mediterranean<\/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=\"571858\" 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=\"571858\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/ring-road-sees-development-works-worth-egp-7-3-bn\/\">\r\n                            Ring Road sees development works worth EGP 7.3 bn                        <\/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\/06\/02\/ring-road-sees-development-works-worth-egp-7-3-bn\/\" 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\/06\/02\/ring-road-sees-development-works-worth-egp-7-3-bn\/')\">\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\/06\/02\/ring-road-sees-development-works-worth-egp-7-3-bn\/\">\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=Ring Road sees development works worth EGP 7.3 bn&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/ring-road-sees-development-works-worth-egp-7-3-bn\/\">\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\/06\/02\/ring-road-sees-development-works-worth-egp-7-3-bn\/&title=Ring Road sees development works worth EGP 7.3 bn\">\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=Ring+Road+sees+development+works+worth+EGP+7.3+bn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F02%2Fring-road-sees-development-works-worth-egp-7-3-bn%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\/06\/02\/ring-road-sees-development-works-worth-egp-7-3-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571858\" class=\"content-area-description single-story post-571858 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure tag-transport tag-transport-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The government is implementing EGP 7.3 bn-worth of development and maintenance works on the Ring Road, including a 106 km extension from El Mariouteya to the Autostrad and a 30% expansion of the Autostrad Bridge, the <a href=\"https:\/\/bit.ly\/309zgUH\">Transport Ministry said<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport-ministry\/\">Transport Ministry<\/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=\"571860\" 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=\"571860\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\">\r\n                            Domty to invest EGP 75 mn to add two new production lines this year                        <\/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\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\" 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\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/')\">\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\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\">\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=Domty to invest EGP 75 mn to add two new production lines this year&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\">\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\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/&title=Domty to invest EGP 75 mn to add two new production lines this year\">\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=Domty+to+invest+EGP+75+mn+to+add+two+new+production+lines+this+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F02%2Fdomty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year%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\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571860\" class=\"content-area-description single-story post-571860 post type-post status-publish format-standard hentry category-manufacturing tag-dairy tag-domty tag-enterpriseam tag-food tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Domty Food Industries is investing EGP 25 mn to set up a new mozzarella cheese production line by the end of 2Q2020, and another EGP 50 mn in a bakery production line that will come online before the start of the upcoming academic year, <a href=\"https:\/\/alborsaanews.com\/2020\/06\/01\/1352565\">according to the local press<\/a>. The combined EGP 75 mn investment comes after the company reportedly reached maximum production capacity on its baked goods production lines in January and saw an uptick in demand for cheese products at the start of the covid-19 crisis.<\/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\/dairy\/\">dairy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/domty\/\">Domty<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/food\/\">food<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"571861\" 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=\"571861\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/telecom-egypt-etisalat-misr-sign-agreements-on-transmission-mobile-to-fixed-interconnection\/\">\r\n                            Telecom Egypt, Etisalat Misr sign agreements on transmission, mobile-to-fixed interconnection                        <\/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\/06\/02\/telecom-egypt-etisalat-misr-sign-agreements-on-transmission-mobile-to-fixed-interconnection\/\" 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\/06\/02\/telecom-egypt-etisalat-misr-sign-agreements-on-transmission-mobile-to-fixed-interconnection\/')\">\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\/06\/02\/telecom-egypt-etisalat-misr-sign-agreements-on-transmission-mobile-to-fixed-interconnection\/\">\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=Telecom Egypt, Etisalat Misr sign agreements on transmission, mobile-to-fixed interconnection&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/telecom-egypt-etisalat-misr-sign-agreements-on-transmission-mobile-to-fixed-interconnection\/\">\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\/06\/02\/telecom-egypt-etisalat-misr-sign-agreements-on-transmission-mobile-to-fixed-interconnection\/&title=Telecom Egypt, Etisalat Misr sign agreements on transmission, mobile-to-fixed interconnection\">\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=Telecom+Egypt%2C+Etisalat+Misr+sign+agreements+on+transmission%2C+mobile-to-fixed+interconnection+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F02%2Ftelecom-egypt-etisalat-misr-sign-agreements-on-transmission-mobile-to-fixed-interconnection%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\/06\/02\/telecom-egypt-etisalat-misr-sign-agreements-on-transmission-mobile-to-fixed-interconnection\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571861\" class=\"content-area-description single-story post-571861 post type-post status-publish format-standard hentry category-telecoms-ict tag-cit tag-enterpriseam tag-etisalat tag-ict tag-telecom-egypt tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Telecom Egypt (TE) and Etisalat Misr have signed two agreements to cooperate on transmission and mobile-to-fixed interconnection, <a href=\"https:\/\/www.egx.com.eg\/downloads\/Bulletins\/245902_2.pdf\">according to an EGX filing (pdf)<\/a>. The first EGP 2 bn agreement will see TE\u2019s transmission and infrastructure services' commercial model developed with Etisalat on an annual basis for the next three and a half years. The second, a mobile-to-fixed termination agreement, is the first commercial arrangement between the two companies.<\/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\/cit\/\">CIT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/etisalat\/\">Etisalat<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ict\/\">ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecom-egypt\/\">Telecom Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/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=\"571862\" 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=\"571862\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/zaitoun-green-shippings-works-on-damietta-port-on-hold-over-covid-19\/\">\r\n                            Zaitoun Green Shipping\u2019s works on Damietta Port on hold over 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\/06\/02\/zaitoun-green-shippings-works-on-damietta-port-on-hold-over-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\/06\/02\/zaitoun-green-shippings-works-on-damietta-port-on-hold-over-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\/06\/02\/zaitoun-green-shippings-works-on-damietta-port-on-hold-over-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=Zaitoun Green Shipping\u2019s works on Damietta Port on hold over covid-19&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/zaitoun-green-shippings-works-on-damietta-port-on-hold-over-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\/06\/02\/zaitoun-green-shippings-works-on-damietta-port-on-hold-over-covid-19\/&title=Zaitoun Green Shipping\u2019s works on Damietta Port on hold over 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=Zaitoun+Green+Shipping%E2%80%99s+works+on+Damietta+Port+on+hold+over+covid-19+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F02%2Fzaitoun-green-shippings-works-on-damietta-port-on-hold-over-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\/06\/02\/zaitoun-green-shippings-works-on-damietta-port-on-hold-over-covid-19\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571862\" class=\"content-area-description single-story post-571862 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam tag-logistics tag-transport-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a href=\"https:\/\/www.zaitoungs.com\/\">Zaitoun Green Shipping<\/a>\u2019s renovation works on the Damietta Port and its commercial fleet, including <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/21\/egypt-zaitoun-green-shipping-discuss-potential-lng-fuel-station-in-damietta-6819\/\">potentially setting up an LNG refueling station<\/a> and the purchase of eight new ships, have been postponed indefinitely due to the covid-19 pandemic, <a href=\"https:\/\/bit.ly\/3ckX0r7\">Al Mal reports<\/a>, citing an unnamed Transport Ministry official.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport-ministry\/\">Transport Ministry<\/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=\"571863\" 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=\"571863\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/orange-egypt-to-provide-up-to-gbp-150k-of-seed-funding-for-seven-middle-east-africa-tech-startups\/\">\r\n                            Orange Egypt to provide up to GBP 150k of seed funding for seven Middle East, Africa tech startups                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/orange-egypt-to-provide-up-to-gbp-150k-of-seed-funding-for-seven-middle-east-africa-tech-startups\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/orange-egypt-to-provide-up-to-gbp-150k-of-seed-funding-for-seven-middle-east-africa-tech-startups\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/orange-egypt-to-provide-up-to-gbp-150k-of-seed-funding-for-seven-middle-east-africa-tech-startups\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Orange Egypt to provide up to GBP 150k of seed funding for seven Middle East, Africa tech startups&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/orange-egypt-to-provide-up-to-gbp-150k-of-seed-funding-for-seven-middle-east-africa-tech-startups\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/orange-egypt-to-provide-up-to-gbp-150k-of-seed-funding-for-seven-middle-east-africa-tech-startups\/&title=Orange Egypt to provide up to GBP 150k of seed funding for seven Middle East, Africa tech startups\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Orange+Egypt+to+provide+up+to+GBP+150k+of+seed+funding+for+seven+Middle+East%2C+Africa+tech+startups+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F02%2Forange-egypt-to-provide-up-to-gbp-150k-of-seed-funding-for-seven-middle-east-africa-tech-startups%2F\">\n                    WhatsApp                    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is giving seven tech-based startups in the Middle East and Africa a chance<\/strong><strong> to compete for GBP 50k-150k apiece in seed funding<\/strong> through its Orange Ventures MEA Seed Challenge, <a href=\"https:\/\/ent.news\/2020\/6\/E-Orange-digital-vernture-draft.pdf\">according to a statement (pdf)<\/a>. The challenge is geared towards seed stage startups \u201cwith high growth potential and new technologies at the core of their business,\u201d including clean tech, e-commerce, digital inclusion, gaming, fintech, and cyber security, among others. The challenge is open to startups in Egypt, Jordan, Morocco, Tunisia, Cameroon, Cote d\u2019Ivoire, and Senegal.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/entrepreneurship\/\">entrepreneurship<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orange-egypt\/\">Orange Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startups\/\">startups<\/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=\"571865\" 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=\"571865\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/the-market-yesterday-100\/\">\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\/06\/02\/the-market-yesterday-100\/\" 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\/06\/02\/the-market-yesterday-100\/')\">\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\/06\/02\/the-market-yesterday-100\/\">\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\/06\/02\/the-market-yesterday-100\/\">\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\/06\/02\/the-market-yesterday-100\/&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%2F06%2F02%2Fthe-market-yesterday-100%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\/06\/02\/the-market-yesterday-100\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571865\" class=\"content-area-description single-story post-571865 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 15.87 | Sell 15.97<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.88 | Sell 15.98<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.86 | Sell 15.96<\/p>\n<p><strong>EGX30<\/strong> (Monday): 10,227 (+0.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 937 mn (31% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -26.8%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session up 0.1%. CIB, the index\u2019s heaviest constituent, ended down 0.4%. EGX30\u2019s top performing constituents were Telecom Egypt up 7.4%, Pioneers Holding up 3.4%, and SODIC up 1.9%. Yesterday\u2019s worst performing stocks were Egyptian Resorts down 4.5%, Cleopatra Hospital down 2.6% and Ezz Steel down 2.0%. The market turnover was EGP 937 mn, and regional investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -6.8 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +30.3 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -23.5 mn<\/p>\n<p><strong>Retail<\/strong>: 50.4% of total trades | 53.2% of buyers | 47.6% of sellers<br \/>\n <strong>Institutions<\/strong>: 49.6% of total trades | 46.8% of buyers | 52.4% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 35.62 (+0.37%)<br \/>\n <strong>Brent:<\/strong> USD 38.58 (+1.96%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.78 MMBtu, (-3.62%, July 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,750.60 \/ troy ounce (-0.06%)<\/p>\n<p><strong>TASI:<\/strong> 7,288.81 (+1.05%) (YTD: -13.12%)<br \/>\n <strong>ADX:<\/strong> 4,170.71 (+0.70%) (YTD: -17.83%)<br \/>\n <strong>DFM:<\/strong> 1,973.72 (+1.47%) (YTD: -28.61%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,438.43 (+0.26%)<br \/>\n <strong>QE:<\/strong> 9,019.68 (+1.98%) (YTD: -13.48%)<br \/>\n <strong>MSM:<\/strong> 3,534.91 (-0.27%) (YTD: -11.21%)<br \/>\n <strong>BB: <\/strong>1,269.86 (+0.02%) (YTD: -21.14%)<\/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=\"571866\" 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\/06\/02\/571866\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571866\" class=\"content-area-description single-story post-571866 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>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>13 June (Saturday): Earliest date on which suspension of international flights to \/ from Egypt expires.<\/p>\n<p>13 June (Saturday): Earliest date by which restaurants, gyms, nightclubs, museums and archaeological sites will reopen.<\/p>\n<p>25 June (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>30 June (Tuesday): Anniversary of the June 2013 protests, national holiday.<\/p>\n<p>12 July (Sunday): North Cairo Court <a href=\"https:\/\/www.egx.com.eg\/downloads\/Bulletins\/245503_1.pdf\">will hold a court session<\/a> for the international arbitration case filed by Syrian Antrados against Porto Group for USD 176 mn after being pushed back from an initial 17 May court date.<\/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":571837,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-571836","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"6260257c-8b66-4168-939b-8891798c0c23","teaser":"","photo_url":"https:\/\/ent.news\/2020\/6\/13.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>Hospitals capped at EGP 10k\/day for covid treatment - 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\/hospitals-capped-at-egp-10k-day-for-covid-treatment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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