{"id":571875,"date":"2020-06-03T04:04:31","date_gmt":"2020-06-03T04:04:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=571875"},"modified":"2025-12-16T08:15:25","modified_gmt":"2025-12-16T08:15:25","slug":"cabinet-to-discuss-today-the-reopening-of-egyptian-airspace","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/cabinet-to-discuss-today-the-reopening-of-egyptian-airspace\/","title":{"rendered":"Cabinet to discuss today the reopening of Egyptian airspace"},"content":{"rendered":"<section id=\"571877\" 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=\"571877\">\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\/03\/what-were-tracking-on-3-june-2020\/\">\r\n                            What we\u2019re tracking on 3 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\/03\/what-were-tracking-on-3-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\/03\/what-were-tracking-on-3-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\/03\/what-were-tracking-on-3-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=What we\u2019re tracking on 3 June 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/what-were-tracking-on-3-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\/03\/what-were-tracking-on-3-june-2020\/&title=What we\u2019re tracking on 3 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=What+we%E2%80%99re+tracking+on+3+June+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F03%2Fwhat-were-tracking-on-3-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\/03\/what-were-tracking-on-3-june-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571877\" class=\"content-area-description single-story post-571877 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-budgeting tag-covid-19 tag-enterpriseam tag-g20 tag-house-of-representatives tag-israel tag-khalifa-haftar tag-libya tag-middle-east tag-palestine wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>We could have more clarity today on when Egyptian airspace will reopen to commercial <\/strong><strong>flights. <\/strong>The timetable features prominently on the agenda of today\u2019s cabinet meeting, Civil Aviation Minister Mohamed Manar said overnight. Cabinet spokesman Nader Saad had earlier suggested flights could be in the air at the end of this month or early in July. We have the rundown in Last Night\u2019s Talk Shows, below.<\/p>\n<p>We may also have some clarity today on<strong> when restaurants, clubs, cinemas and houses of <\/strong><strong>worship <\/strong>could start reopening, Saad said.<\/p>\n<p><strong>Otherwise, it\u2019s an unusual news day here and around the world. <\/strong>News of business and just about everything else has been squeezed off the agenda by covid-19 here at home (and around the world) and by nationwide protests in America against systemic distrimination and violence by police targeting minorities.<\/p>\n<p><strong>It\u2019s PMI day: <\/strong>The latest gauge on how well the economy is performing in Egypt, the UAE and Saudi Arabia is due out at 6:15am \u2014 just around the time (give or take) this morning\u2019s edition hits your inbox. <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/PressReleases\">Tap or click here to read.<\/a><\/p>\n<p><strong>Key news triggers<\/strong> coming up in the weeks ahead:<\/p>\n<ul>\n<li>The House general assembly reconvenes on <strong>Sunday, 7 June <\/strong>for what should be its final sitting before summer recess.<\/li>\n<li><strong>Foreign reserves<\/strong> figures for May should be out early next week.<\/li>\n<li><strong>Inflation<\/strong> data 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 this month<\/strong> to ink the Cairo-based energy organization\u2019s charter.<\/li>\n<\/ul>\n<p><strong>Need a distraction from worries about covid-19 in Egypt and the horrific images from the <\/strong><strong>United States playing out on your screens? <\/strong>Perhaps the greatest (tech) business rivalry in history was Apple vs. Microsoft \u2014 with even us iSheep admitting the latter has become a very interesting company under CEO Satya Nadella. <a href=\"https:\/\/www.wsj.com\/articles\/microsoft-aims-to-dominate-technology-at-work-starting-with-those-video-calls-11591108757?mod=hp_lead_pos5\">The Wall Street Journal has a really good piece that zooms in on Teams (see what we did there?)<\/a>, looking at the tech giant\u2019s increasingly sharp-elbowed rivalry with Zoom and Slack in a \u201cbattle for your work computer\u201d that Microsoft sees as \u201ccritical to its future.<\/p>\n<hr class=\"grey-line\">\n<p><strong>COVID-19 IN EGYPT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/2XTaO7c\">confirmed<\/a><\/strong><strong> 47 new deaths yesterday (vs 46 on Tuesday) from <\/strong><strong>covid-19<\/strong>, bringing the country\u2019s total death toll to 1,052. Egypt has now disclosed a total of 27,536 confirmed cases of covid-19, after the ministry reported 1,152 new infections yesterday (vs 1,399 on Tuesday), making the second day in a row the total case count has declined. We now have a total of 7,642 confirmed cases that have since tested negative for the virus after being hospitalized or isolated, of whom 6,827 have fully recovered.<\/p>\n<p><strong>There are currently 35k regular beds and 5,800 ICU beds earmarked for covid-19 patients <\/strong><strong>at 376 state-run hospitals nationwide<\/strong>, according to <a href=\"https:\/\/bit.ly\/2MtYPaB\">a Health Ministry statement<\/a>. The statement does not say how many of these beds are currently occupied or how many are available for new patients. There are also 5,013 medical centers and 1k mobile medical caravans to distribute meds and personal protective equipment and follow up on patients quarantining at home.<\/p>\n<p><strong>Two <\/strong><strong>mn cloth<\/strong><strong> masks will be made available to the public in the next 10 days <\/strong>and will be sold at EGP 5 apiece, sources from the textile industry told <a href=\"https:\/\/bit.ly\/30bPvAD\">Masrawy<\/a>. This comes after low-income Egyptians complained that the required masks were <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e605f6e6-cc4d-40e2-be94-45f41a189040\">becoming a financial burden<\/a>.<\/p>\n<p><strong>Rising <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/20a315b1-16e6-48d8-8ebc-987f478e122c\">occupancy rates<\/a><\/strong><strong> at hotels aren\u2019t just thanks to a rebound in domestic tourism: <\/strong>Most hotels in downtown Cairo and Al Haram that are open for business are serving as quarantine facilities for citizens who returned to Egypt over the Eid El Fitr holiday, <a href=\"https:\/\/bit.ly\/3gPDfM2\">Al Mal<\/a> reports, citing officials from tourism companies. Tour operators are continuing to pre-book rooms in hotels that have received their safety certificates, or are expected to receive them soon, in anticipation of over 20k returnees in the coming weeks.<\/p>\n<p><strong>Hotel occupancy rates during Eid stood at 25% in Alexandria, 13% in the Red Sea <\/strong><strong>governorate, 9% in Greater Cairo<\/strong>, 8% in South Sinai, 8% in Ain Sokhna and 4% in Marsa Matrouh, Assistant Tourism Minister for tourism facilities monitoring Abdel Fattah El Assi said. Hotels that meet the necessary safety requirements will now be able to operate at a 50% occupancy rate, the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d397b9c7-a69d-423c-a977-bdb4a528fe0c\">Tourism Ministry<\/a> said on Sunday.<\/p>\n<p><strong>At least 1.4k citizens are coming back from Lebanon <\/strong>between today and Friday on repatriation flights being run by EgyptAir and Air Cairo, <a href=\"https:\/\/bit.ly\/302pkMk\">Al Mal<\/a>.<\/p>\n<p><strong>DONATIONS- <\/strong><\/p>\n<p><strong>AAIB has contributed EGP 5.5 mn<\/strong> to Ahl Masr\u2019s 150-bed quarantine facility in New Cairo, according to <a href=\"https:\/\/bit.ly\/3eI6RsD\">Youm7<\/a>.<\/p>\n<p class='web-image stand-out-borderless' ><a href='https:\/\/somabay.com\/'><img decoding=\"async\" data-recalc-dims=\"1\" 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>\n<p><strong>ON THE GLOBAL FRONT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Anthony Fauci is sounding notes of caution on a possible coronavirus vaccine.<\/strong> Fauci, the US health advisor and perhaps the most trusted name globally on the coronavirus, told the editor of a top medical journal that immunity from the vaccine may be \u201cshort lived.\u201d Fauci is, however, cautiously optimistic that there could be a viable vaccine ready to go (in the US, at least) by early 2021, says <a href=\"https:\/\/www.cnbc.com\/2020\/06\/02\/dr-anthony-fauci-says-theres-a-chance-coronavirus-vaccine-may-not-provide-immunity-for-very-long.html\">CNBC<\/a>.<\/p>\n<p><strong>China was more reticent on covid-19 transparency than the WHO<\/strong> <strong>has been letting on:<\/strong> Despite publicly praising Beijing for its transparency during China\u2019s coronavirus epidemic in January, the World Health Organization experienced \u201cconsiderable frustration\u201d and \u201csignificant delays\u201d as Chinese officials refused to hand over crucial information related to the outbreak, <a href=\"https:\/\/apnews.com\/3c061794970661042b18d5aeaaed9fae\">the Associated Press<\/a> reports, citing dozens of interviews and internal documents.<\/p>\n<p><strong>From the global reopening:<\/strong><\/p>\n<ul>\n<li><strong>Greece has opened all hotels<\/strong>, swimming pools, golf courses, and open-air cinemas, and will be fully open to international flights on 1 July, according to the <a href=\"https:\/\/apnews.com\/da89a95902592a10a122689753f15358\">Associated Press<\/a>.<\/li>\n<li><strong>Tunisia will open air, land and maritime borders <\/strong>on 27 June, <a href=\"https:\/\/bit.ly\/2ZZXKPP\">Sky News Arabia<\/a> reports.<\/li>\n<\/ul>\n<p><strong>GLOBAL MACRO-<\/strong><\/p>\n<p><strong>Over 200 world leaders, economists and business leaders have signed a letter urging<\/strong> <strong>the G20 to provide USD 2.5 tn to developing countries <\/strong>hardest hit by the covid-19 pandemic, the <a href=\"https:\/\/www.usnews.com\/news\/us\/articles\/2020-06-01\/225-vips-urge-world-powers-to-adopt-25-trillion-covid-plan\">Associated Press<\/a> reports. Former UK PM Gordon Brown wrote in <a href=\"https:\/\/www.theguardian.com\/commentisfree\/2020\/jun\/02\/g20-leading-world-out-of-coronavirus-crisis-gordon-brown#maincontent\">the Guardian<\/a> that failure to do so would spell a \u201cpotential death sentence\u201d for some 420 mn of the world\u2019s poorest people. Other signatories include past and present leaders, Nobel prize laureates, and heads of civil society groups.<\/p>\n<p class='web-image'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/IIF-GulfGDP-1600px.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><strong>GCC countries will face their \u201cworst economic crisis in history\u201d<\/strong> as they grapple with both the lockdown and the shock from plummeting oil prices, the Institute of International Finance (IIF) said in a report. Regional economic growth is expected to contract by 4.4% this year even as authorities rush to cut interest rates and inject bns of USD of liquidity into their financial systems. The IIF projects the aggregate fiscal deficit to quadruple to 10.3% of GDP by the end of the year, despite significant cuts in state spending and tax rises.<\/p>\n<p><strong>Economists expect the European Central Bank (ECB) to ramp up its EUR 750 bn <\/strong><strong>emergency bond-buying program<\/strong> when it meets on Thursday, <a href=\"https:\/\/www.ft.com\/content\/3cf499f7-9c17-46c6-bedd-8893f2d56cf7\">the Financial Times<\/a> reports. The bank has already spent more than EUR 210 bn since it launched its pandemic emergency purchase program in March, raising the prospect that it could run out of ammunition before eurozone economies have recovered from recession.<\/p>\n<p><strong>EGYPT BEYOND COVID- <\/strong><\/p>\n<p><strong>House to soon kick off final discussion of FY2020-2021 budget:<\/strong> The House Planning and Budgeting committee will soon hold its last meeting to finalize its report on the draft FY2020-2021 budget, before handing it over to the general assembly for a final vote later this month, committee deputy chair Yasser Omar said, according to <a href=\"https:\/\/bit.ly\/2TY7K8w\">Youm7<\/a>. A <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MofNews\/WhatsNew\/Pages\/latestnews-1-1-6-2020.aspx\">document (pdf)<\/a> released by the Finance Ministry yesterday shows that nothing has changed since we last reported on key budget figures <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c0557143-d132-4f80-a888-edd3c67085c5\">in April<\/a>. The ministry said <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/17a56ede-ed1c-4865-9868-1b8ed2306b6e\">last month<\/a> that it would tweak assumptions, but is waiting for more clarity on the crisis.<\/p>\n<p><strong>GAFI to get wider powers over economic zones under proposed legislative<\/strong><strong> amendments:<\/strong> The government is looking to amend the executive regulations governing the country\u2019s special economic zones, specifically the Suez Canal Economic Zone, that would expand the General Authority for Freezones and Investments (GAFI) powers over these zones, according to <a href=\"https:\/\/bit.ly\/36SedXZ\">a statement<\/a>. The amendments are meant to streamline procedures and cut back on bureaucratic redundancies that are holding back fresh investments in the zones, the statement says.<\/p>\n<p><strong>Egyptian startups have the chance to compete for a piece of a USD 1.5 mn pool from the <\/strong><strong>Jack Ma Foundation\u2019s Africa\u2019s Business Heroes program<\/strong>, which is kicking off its second edition according to an <a href=\"https:\/\/ent.news\/2020\/6\/RiseUp-Media-Alert-English.pdf\">emailed statement (pdf)<\/a>. The program is open for entrepreneurs from all 54 countries in Africa and is accepting applications until 22 June.<\/p>\n<p class='web-image' ><a href='https:\/\/twitter.com\/MarthaRaddatz\/status\/1267972382590984195?s=20'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/stormtroopers-1600px.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n<p><strong>AND THE REST OF THE WORLD- <\/strong><\/p>\n<p><strong>America is bracing for yet another night of violence after peaceful protests across the <\/strong><strong>country yesterday <\/strong>saw large crowds again marching against racial inequality and police brutality. Social media continues to bristle with scenes of police violence against both protesters and <a href=\"https:\/\/twitter.com\/ScottThuman\/status\/1267599965309763584?s=20\">the press<\/a><strong>. King Cheeto, meanwhile, <\/strong><strong>demanded in an all-caps bark on <\/strong><strong><a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/1267835873405665282\">Twitter<\/a><\/strong><strong> that <\/strong><strong>New York call up the national guard <\/strong>to contain the civil unrest roiling its streets. Some 20k guard members have deployed to 29 states, the <a href=\"https:\/\/apnews.com\/697d654ea64f3370f373aacfca2da950\">Associated Press<\/a> reports. The <a href=\"https:\/\/www.ft.com\/content\/e73376df-7d14-482c-9751-15f7f2a6d934\">Financial Times<\/a> has an explainer on the legal viability of deploying the military to clamp down on the protests.<\/p>\n<p><strong>Fully 64% of Americans are sympathetic with the protesters <\/strong>and more than 55% disapprove of how The Orange One has handled the crisis, according to a <a href=\"https:\/\/www.reuters.com\/article\/us-minneapolis-police-poll-exclusive\/exclusive-most-americans-sympathize-with-protests-disapprove-of-trumps-response-reuters-ipsos-idUSKBN239347\">new poll by Reuters<\/a>.<\/p>\n<p><strong>Zuk, meanwhile, isn\u2019t doing so well amid a brewing rebelling of his own as some <\/strong><strong>employees of Facebook continue to protest or <\/strong><strong>resign <\/strong>over how the social network has handled a post from King Cheeto that most reasonable human beings (including the people at rival Twitter) saw as a call for more police violence against protesters. <a href=\"https:\/\/www.businessinsider.com\/zuckerberg-facebook-wont-back-down-on-trumps-posts-2020-6\">Business Insider<\/a> has the recap.<\/p>\n<p><strong>Israel is readying its military for an illegal annexation of the West Bank <\/strong>that could see the IDF seize around 30% of the territory under plans drawn up by PM Benjamin Netanyahu\u2019s newly-formed coalition government, the <a href=\"https:\/\/www.timesofisrael.com\/gantz-tells-army-to-step-up-preparations-as-west-bank-annexation-looms\/\">Times of Israel<\/a> reports.<\/p>\n<p><strong>Libya\u2019s warring factions have agreed to restart ceasefire talks<\/strong> after weeks of fighting near Tripoli, according to a statement issued yesterday by <a href=\"https:\/\/twitter.com\/UNSMILibya\/status\/1267574192033214470\/photo\/1\">the United Nations Support Mission in Libya<\/a>.<\/p>\n<p><strong>French container shipping group CMA CGM is looking to hit carbon neutrality by<\/strong><strong> 2050 <\/strong>and have 10% of the company\u2019s activities powered through alternative fuels by 2023, according to <a href=\"https:\/\/www.reuters.com\/article\/us-cma-cgm-shipping-emissions\/shipping-group-cma-cgm-aims-to-be-carbon-neutral-by-2050-idUSKBN2392U9\">Reuters<\/a>. The group is following Maersk\u2019s commitment to reducing carbon emissions to zero by 2050.<\/p>\n<p class='web-image'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/Web-view-01.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><strong>*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> Enterprise\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, urban development and even social infrastructure such as health and education.<\/p>\n<p><strong>In today\u2019s issue:<\/strong> Part three of our series on how the renewable energy sector is faring amid covid-19 looks at the oversupply of renewable energy \u2014 an issue that had been building up prior to the outbreak of the pandemic but is now exacerbated.<\/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\/budgeting\/\">budgeting<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/g20\/\">G20<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n       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Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/potential-resumption-of-intl-flights-in-and-out-of-egypt-leads-the-airwaves\/\">\r\n                            Potential resumption of int\u2019l flights in and out of Egypt leads 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\/03\/potential-resumption-of-intl-flights-in-and-out-of-egypt-leads-the-airwaves\/\" target=\"_blank\">\n                    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class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571879\" class=\"content-area-description single-story post-571879 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-ahmed-moussa tag-aviation tag-civil-aviation-ministry tag-covid-19 tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-logistics 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> On an otherwise quiet night on the airwaves, <strong>the potential resumption of international flights <\/strong><strong>into and out of Egypt<\/strong> was the main theme of last night\u2019s talk shows.<\/p>\n<p><strong>The Madbouly Cabinet will decide today when international flights will resume<\/strong>, which Civil Aviation Minister Mohamed Manar told Sada El Balad\u2019s Ahmed Moussa he expects will happen \u201cwithin a few weeks,\u201d but is contingent on other countries also reopening their airports (<a href=\"https:\/\/www.youtube.com\/watch?v=9IzSpaWvqs4&t=2s\">watch, runtime: 10:57<\/a>).<\/p>\n<p><strong>It\u2019s unlikely that airplanes will be required to have empty seats between passengers<\/strong>, but officials will introduce other safety precautions such as requiring passengers and crew members to wear gloves and masks onboard all flights, as well as providing self-check-in services at the airport, Manar said.<\/p>\n<p><strong>Private carriers have sustained EGP mns in lost revenue, while state-owned carriers\u2019 losses are in the bns<\/strong>, Manar said. The minister suggested that airlines will slash ticket prices once air travel resumes to help spur sales.<\/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\/ahmed-moussa\/\">Ahmed Moussa<\/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\/civil-aviation-ministry\/\">Civil Aviation Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/logistics\/\">logistics<\/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=\"571880\" 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=\"571880\">\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\/03\/egypt-purchases-120k-tonnes-of-ukranian-wheat-in-third-intl-tender-of-local-harvest-season\/\">\r\n                            Egypt purchases 120k tonnes of Ukranian wheat in third int\u2019l tender of local harvest season                        <\/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\/03\/egypt-purchases-120k-tonnes-of-ukranian-wheat-in-third-intl-tender-of-local-harvest-season\/\" 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\/03\/egypt-purchases-120k-tonnes-of-ukranian-wheat-in-third-intl-tender-of-local-harvest-season\/')\">\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\/03\/egypt-purchases-120k-tonnes-of-ukranian-wheat-in-third-intl-tender-of-local-harvest-season\/\">\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 purchases 120k tonnes of Ukranian wheat in third int\u2019l tender of local harvest season&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/egypt-purchases-120k-tonnes-of-ukranian-wheat-in-third-intl-tender-of-local-harvest-season\/\">\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\/03\/egypt-purchases-120k-tonnes-of-ukranian-wheat-in-third-intl-tender-of-local-harvest-season\/&title=Egypt purchases 120k tonnes of Ukranian wheat in third int\u2019l tender of local harvest season\">\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+purchases+120k+tonnes+of+Ukranian+wheat+in+third+int%E2%80%99l+tender+of+local+harvest+season+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F03%2Fegypt-purchases-120k-tonnes-of-ukranian-wheat-in-third-intl-tender-of-local-harvest-season%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\/03\/egypt-purchases-120k-tonnes-of-ukranian-wheat-in-third-intl-tender-of-local-harvest-season\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/26.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"571881\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/egypt-purchases-120k-tonnes-of-ukranian-wheat-in-third-intl-tender-of-local-harvest-season\/26-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/26.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"26.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/26.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/26.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571880\" class=\"content-area-description single-story post-571880 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-enterpriseam tag-gasc tag-general-authority-for-supply-commodities tag-mars tag-russia tag-speed-round tag-ukraine tag-wheat wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>GASC purchases 120k tonnes of Ukranian wheat <\/strong><strong>in third int\u2019l tender <\/strong><strong>of <\/strong><strong>local harvest <\/strong><strong>season: <\/strong>State grain buyer GASC, the world\u2019s largest grain buyer, <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN2391TN\">has purchased<\/a> 120k tonnes of wheat from Ukraine in its third global wheat tender during the 2020-21 local harvest season, including 60k tonnes at USD 210 per tonne \u2014 the lowest price offered, according to <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N2DF309\">Reuters<\/a>. The tender, which was <a href=\"http:\/\/www.gasc.gov.eg\/wheat_bids_er.htm\">issued on Monday<\/a>, requested shipment between July 10-25, but the wheat may not be available until August, sources told <a href=\"https:\/\/www.spglobal.com\/platts\/en\/market-insights\/latest-news\/agriculture\/060220-egypts-gasc-announces-first-wheat-tender-for-2020-21-season\">S&P Global<\/a>.<\/p>\n<p><strong>Black Sea harvest delays: <\/strong>Ukraine would likely struggle to meet the tender\u2019s shipment period as the 2020-21 harvest season in the Black Sea region, from which Egypt imports most of its wheat, got off to a late start this year following a spat of dry weather, the reports said. The US Department of Agriculture has forecast a decline in Ukraine wheat production for the season, and European crop monitor MARS has done the same for Romainian production, while Russian output volumes have proven hard to predict, S&P Global notes. Monday\u2019s tender saw Russia\u2019s largest grain trader RIF also offering 55k tonnes of Russian wheat at USD 220 in its first participation in a GASC wheat tender, among <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N2DF309\">over a dozen other offers<\/a>.<\/p>\n<p><strong>Why is this big news? It\u2019s all about ensuring we have a secure food supply in case <\/strong><strong>covid-19 disrupts the global supply chain:<\/strong> Egypt is <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2c57e2b6-a822-479c-b98c-fe3a414b6787\">looking to import 800k tonnes of wheat<\/a>, while expecting to harvest 3.6 mn tonnes locally to secure its reserves of basic commodities amid the global pandemic. Together they would give the country enough of the grain to cover 7-8 months of consumption. Earlier in the pandemic, major exporters Russia and <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-04-10\/food-supply-fears-are-growing-as-romania-bans-grain-exports?sref=mmeFTDW1\">Romania<\/a> imposed export bans to secure their own supplies, but the latter <a href=\"https:\/\/www.bloombergquint.com\/global-economics\/food-export-bans-are-being-rolled-back-as-shortage-fears-ease\">lifted its ban<\/a> under pressure from the European Commission. Russia expects to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/11efc8e1-d470-4860-a355-1befc9c74925\">follow suit next month<\/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\/gasc\/\">GASC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/general-authority-for-supply-commodities\/\">General Authority for Supply Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mars\/\">Mars<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ukraine\/\">Ukraine<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wheat\/\">wheat<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"571889\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"571890\" 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=\"571890\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/egypt-in-the-news-on-3-june-2020\/\">\r\n                            Egypt in the News on 3 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\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/egypt-in-the-news-on-3-june-2020\/&title=Egypt in the News on 3 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+3+June+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F03%2Fegypt-in-the-news-on-3-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\/03\/egypt-in-the-news-on-3-june-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571890\" class=\"content-area-description single-story post-571890 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-arab-spring tag-egypt-in-the-news tag-enterpriseam tag-hazem-el-beblawi tag-politics tag-us wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e605f6e6-cc4d-40e2-be94-45f41a189040\">Mohamed Soltan\u2019s federal lawsuit against former caretaker PM Hazem El Beblawi<\/a><\/strong><strong> is <\/strong><strong>getting more <\/strong><strong>attention in the foreign press <\/strong>as both the <a href=\"https:\/\/www.theguardian.com\/world\/2020\/jun\/01\/us-activist-sues-torture-egypt-mohamed-soltan-hazem-abdel-aziz-el-beblawi\">Guardian<\/a> and the <a href=\"https:\/\/apnews.com\/7e35636cd516eff5be05a2b112f5ac92\">Associated Press<\/a> have the story.<\/p>\n<p><strong>Meanwhile, <\/strong><a href=\"https:\/\/www.nytimes.com\/2020\/06\/02\/world\/middleeast\/protests-egypt-floyd-arab-spring.html\">New York Times<\/a> Cairo bureau chief Declan Walsh looks at similarities between the events of 25 January 2011 in Egypt and the nationwide protests unfolding in the United States.<\/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\/arab-spring\/\">Arab Spring<\/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\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/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=\"571891\" 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=\"571891\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/israel-to-decide-on-appointment-of-amira-oron-as-new-ambassador-to-egypt\/\">\r\n                            Israel to decide on appointment of Amira Oron as new ambassador to Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/israel-to-decide-on-appointment-of-amira-oron-as-new-ambassador-to-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/israel-to-decide-on-appointment-of-amira-oron-as-new-ambassador-to-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/israel-to-decide-on-appointment-of-amira-oron-as-new-ambassador-to-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Israel to decide on appointment of Amira Oron as new ambassador to Egypt&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/israel-to-decide-on-appointment-of-amira-oron-as-new-ambassador-to-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/israel-to-decide-on-appointment-of-amira-oron-as-new-ambassador-to-egypt\/&title=Israel to decide on appointment of Amira Oron as new ambassador to Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Israel+to+decide+on+appointment+of+Amira+Oron+as+new+ambassador+to+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F03%2Fisrael-to-decide-on-appointment-of-amira-oron-as-new-ambassador-to-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/israel-to-decide-on-appointment-of-amira-oron-as-new-ambassador-to-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571891\" class=\"content-area-description single-story post-571891 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-benjamin-netanyahu tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam tag-foreign-affairs tag-israel tag-prime-minister wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Israel will decide next Sunday whether to confirm the appointment of Amira Oron as its <\/strong><strong>new ambassador to Egypt<\/strong>, a post that has been vacant since 2018, <a href=\"https:\/\/www.haaretz.com\/israel-news\/.premium-israeli-government-to-weigh-long-delayed-appointment-of-new-ambassador-to-egypt-1.8891372\">Haaretz<\/a> reports. Oron was selected as Tel Aviv\u2019s ambassador to Egypt <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/31\/amira-oron-appointed-as-new-israeli-ambassador-to-egypt\/\">in 2018<\/a>, but Prime Minister Benjamin Netanyahu later tapped Communications Minister Ayoub Kara for the post. Kara <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/24\/israels-ayoub-kara-withdraws-as-a-candidate-for-egypt-ambassadorship\/\">withdrew his candidacy<\/a> following strong opposition from Israeli diplomats soon thereafter. Oron was previously in charge of the Egypt desk at Israel\u2019s Foreign Ministry and served as an ambassador to Turkey.<\/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\/benjamin-netanyahu\/\">Benjamin Netanyahu<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/foreign-affairs\/\">foreign affairs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/prime-minister\/\">prime minister<\/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=\"571897\" 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=\"571897\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/03\/the-market-yesterday-101\/\">\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\/03\/the-market-yesterday-101\/\" 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\/03\/the-market-yesterday-101\/')\">\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\/03\/the-market-yesterday-101\/\">\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\/03\/the-market-yesterday-101\/\">\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\/03\/the-market-yesterday-101\/&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%2F03%2Fthe-market-yesterday-101%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\/03\/the-market-yesterday-101\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571897\" class=\"content-area-description single-story post-571897 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 15.92 | Sell 16.02<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.93 | Sell 16.03<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.91 | Sell 16.01<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 10,339 (+1.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 818 mn (14% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -25.9%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session up 1.1%. CIB, the index\u2019s heaviest constituent, ended up 0.9%. EGX30\u2019s top performing constituents were Qalaa Holdings up 6.2%, Egyptian Resorts up 4.8%, and GB Auto up 3.9%. Yesterday\u2019s worst performing stocks were Cleopatra Holding down 1.9%, Ibnsina Pharma down 1.9% and Juhayna down 0.5%. The market turnover was EGP 818 mn, and domestic investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -76.8 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -1.1 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +77.9 mn<\/p>\n<p><strong>Retail<\/strong>: 60.7% of total trades | 62.0% of buyers | 59.5% of sellers<br \/>\n <strong>Institutions<\/strong>: 39.3% of total trades | 38.0% of buyers | 40.5% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 37.82 (+2.74%)<br \/>\n <strong>Brent:<\/strong> USD 40.39 (+2.07%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.78 MMBtu, (+0.39%, July 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,732.60 \/ troy ounce (+0.39%)<\/p>\n<p><strong>TASI:<\/strong> 7,285.23 (-0.05%) (YTD: -13.16%)<br \/>\n <strong>ADX:<\/strong> 4,277.38 (+2.56%) (YTD: -15.73%)<br \/>\n <strong>DFM:<\/strong> 1,984.46 (+0.54%) (YTD: -28.23%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,461.84 (+0.43%)<br \/>\n <strong>QE:<\/strong> 9,067.28 (+0.53%) (YTD: -13.03%)<br \/>\n <strong>MSM:<\/strong> 3,540.19 (+0.15%) (YTD: -11.08%)<br \/>\n <strong>BB: <\/strong>1,269.71 (-0.01%) (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=\"571898\" 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\/03\/571898\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-571898\" class=\"content-area-description single-story post-571898 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>7 June (Sunday): House of Representatives&#39; general assembly is due to reconvene for its last sitting before summer recess.<\/p>\n<p>9-10 June (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>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":571876,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-571875","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0a587952-a69a-4b64-b840-bc9d717ab2b6","teaser":"","photo_url":"https:\/\/ent.news\/2020\/6\/22.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>Cabinet to discuss today the reopening of Egyptian airspace - 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\/cabinet-to-discuss-today-the-reopening-of-egyptian-airspace\/\" 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