{"id":572420,"date":"2020-06-24T04:18:38","date_gmt":"2020-06-24T04:18:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=572420"},"modified":"2025-12-16T08:33:50","modified_gmt":"2025-12-16T08:33:50","slug":"curfew-ends-on-saturday-but-shorter-hours-for-retailers-and-restaurants-are-permanent","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/curfew-ends-on-saturday-but-shorter-hours-for-retailers-and-restaurants-are-permanent\/","title":{"rendered":"Curfew ends on Saturday, but shorter hours for retailers and restaurants are \u201cpermanent\u201d"},"content":{"rendered":"<section id=\"572422\" 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=\"572422\">\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\/24\/what-were-tracking-on-24-june-2020\/\">\r\n                            What we\u2019re tracking on 24 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\/24\/what-were-tracking-on-24-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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The big news of the day: The Madbouly government is easing<\/strong> <strong>next week (nearly) all the restrictions <\/strong>it had put in place to stem the transmission of the virus that causes covid-19. We have chapter and verse in this morning\u2019s Speed Round, below.<\/p><p><strong>Perhaps the most interesting news:<\/strong> Early closing of shops, malls, restaurants and coffee shops is going to be the new normal post-covid in our fair city that never sleeps, according to appearances by Cabinet Spokesman Nader Saad. Don\u2019t discount the staying power of the country\u2019s shop owners and big retailers on this one. \u2014 it\u2019s really impossible for us to imagine no midnight eating or shopping in our city that never sleeps.<\/p><p><strong>We\u2019re still in the grip of an oddly-timed news slowdown. <\/strong>This is Enterprise\u2019s sixth summer and the twentieth summer reporting on our fair country for at least one of the olds among us. So trust us when we tell you this: There\u2019s no such thing as a \u201csummer slowdown\u201d in Cairo (though the Dog Days of August are very real). We suspect it may be a case of folks being a bit tired out after nearly four months of covid and WFH \u2014 coupled with government attention being paid to the situations with Ethiopia and Libya.<\/p><p><strong>Random observation: We\u2019ve always wanted to live in one of the foreign tourism videos<\/strong> <strong>put out by the Tourism MInistry.<\/strong> Its latest \u2014 emphasizing measures in place to protect visitors from corona \u2014 is no exception (<a href=\"https:\/\/www.facebook.com\/eg.ExperienceEgypt\/videos\/vb.219622564855803\/281953432951397\/?type=3&amp;theater\">watch, runtime: 2:15<\/a>).<\/p><p><strong>Need a dose of optimism? Visit Planet Startup <\/strong>as the folks at accelerator <a href=\"https:\/\/www.flat6labscairo.com\/\">Flat6Labs Cairo<\/a> hold their spring 2020 demo day online today at 5pm. The spring 2020 cycle started in mid-February, the firm said in <a href=\"https:\/\/enterprise.press\/wp-admin\/upload.php?item=102466\">a press release (pdf)<\/a>, and has seen eight fledgling tech-focused companies working in fintech, e-commerce, logistics, software as a service, AI, on-demand car services, freelance marketplace services, and bio materials develop their ideas get ready to pitch their ideas to potential investors and the media. <a href=\"https:\/\/demoday.flat6labscairo.com\/\">You can register for the digital event here.<\/a><\/p><p><strong>Heading into the end of the week, keep an eye on:<\/strong><\/p><ul>\n<li><strong>The CBE will meet to review interest rates tomorrow.<\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/09a2283f-8242-4243-8760-1733ae605c24\">Our poll earlier this week<\/a> showed consensus among analysts that the central bank will leave rates on hold for the third consecutive meeting.<\/li>\n<\/ul><ul>\n<li><strong>The IMF\u2019s executive board will meet on Friday<\/strong> to discuss Egypt\u2019s request for a USD 5.2 bn standby facility, according to the fund\u2019s calendar.<\/li>\n<\/ul><p><strong>Next week: The good people at CNBC think there\u2019s a chance US stocks may come under<\/strong> <strong>pressure in the final days of June<\/strong> as big funds consider cashing out their gains in equities this quarter and moving into bonds. Wags suggest as much <a href=\"https:\/\/www.cnbc.com\/2020\/06\/23\/theres-a-wave-of-selling-estimated-to-be-in-the-billions-thats-about-to-hit-the-stock-market.html\">as USD 76 bn could be rebalanced out of equities and into fixed income<\/a>. <strong>Why now? <\/strong>The S&amp;P is up more than 21% for the quarter, a signal that it might be time to book your gains and get into a safer asset given nobody knows how the coming months will unfold for the market or for the US economy.<\/p><p><strong>Next month: Are you (as an employee) considering working remotely (say, from Sahel?)<\/strong> <strong>for a long, long time? <\/strong>The Wall Street Journal has advice for professionals in their 20s and 30s. The cautionary tale: Plenty of bosses are happy to have staff working from their homes in the city in which they were hired \u2014 it makes \u2018em feel all good in side that they could, for example, summon you to the office tomorrow. Read: <a href=\"https:\/\/www.wsj.com\/articles\/how-to-plan-before-leaving-town-to-work-remotely-11592837244?mod=hp_lead_pos13\">How to plan before leaving town to work remotely.<\/a><\/p><p><strong>Next year: It\u2019s time to start planning NEXT summer\u2019s vacation. <\/strong>Thinking of taking a big trip next summer? Odds are good that everyone who booked that same destination has already rolled over non-refundable deposits to snap up the same hotel \/ resort \/ safari. You want to be thinking this weekend not just about what you\u2019re doing for a staycation this summer, but where you may want to head in the summer of 2021. Read: <a href=\"https:\/\/www.wsj.com\/articles\/that-big-vacation-you-scrapped-is-already-selling-out-for-next-summer-11592918920\">That big vacation you scrapped is already selling out for next summer<\/a> in the WSJ.<\/p><p><strong>COVID-19 IN EGYPT-<\/strong><\/p><p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/37XaI36\">confirmed<\/a><\/strong><strong> 87 new deaths from covid-19 yesterday<\/strong>, bringing the country\u2019s total death toll to 2,365. Egypt has now disclosed a total of 58,141 confirmed cases of covid-19, after the ministry reported <strong>1,323 new infections yesterday<\/strong>. We now have a total of 17,022 confirmed cases that have since tested negative for the virus after being hospitalized or isolated, of whom 15,535 have fully recovered.<\/p><p><strong>Isolation hospitals have reached 59% of their total capacity, while 71% of ICU beds are <\/strong><strong>currently occupied<\/strong>, said Health Minister Hala Zayed, according to <a href=\"https:\/\/bit.ly\/37YT2Ee\">a cabinet statement<\/a>. Around 23% of the available ventilators are also currently in use, Zayed said. There are 367 state facilities \u2014 including university hospitals \u2014 authorized to treat covid patients.<\/p><p><strong>After yesterday\u2019s crushing news that <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cfeb522b-8ce9-4e1e-8341-234f43abf1c3\">no foreign pilgrims<\/a><\/strong><strong> would be allowed to go on Hajj<\/strong>, Cabinet spokesman Nader Saad was on the airwaves to reassure Egypt\u2019s faithful that everyone who had a slot for pilgrimage this year will see their place roll forward to 2021 (<a href=\"https:\/\/www.youtube.com\/watch?v=eEpTwiDj4BE\">watch, runtime 1:06<\/a>).<\/p><p><strong>The academic year for Egypt\u2019s universities will now end on 15 September<\/strong> to accommodate end-of-year exams, which will begin on 1 July, according to <a href=\"https:\/\/bit.ly\/2YWrfQA\">a cabinet statement<\/a>.<\/p><p><strong>An additional 35 hotels have received health and safety certificates<\/strong> allowing them to reopen at reduced capacity, bringing the total number of hotels the Tourism Ministry has licensed to reopen to 301, according to <a href=\"https:\/\/bit.ly\/2ARD7eN\">Al Shorouk<\/a>.<\/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\/6\/SOMA-ENTERPRISE-3-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>ON THE GLOBAL FRONT-<\/strong><\/p><p><strong>In a \u201cwarning to poor nations,\u201d covid is tearing into Latin America<\/strong>, which accounted for nearly half the world\u2019s covid-19 deaths in past two weeks \u2014 and where the <a href=\"https:\/\/www.wsj.com\/articles\/coronavirus-races-across-latin-america-a-warning-to-poor-nations-11592950314?mod=hp_lead_pos5\">WSJ<\/a> says mns are falling back into poverty<\/p><p><strong>The US\u2019 leading disease expert Anthony Fauci is \u201ccautiously optimistic\u201d about a vaccine <\/strong><strong>becoming available by the end of the year<\/strong>, the <a href=\"https:\/\/apnews.com\/a36ac8c2b3edf7f9c41f850e945c32e8\">Associated Press<\/a> reports. There are currently over a dozen potential vaccines being tested globally for safe use and efficacy, while the US is poised to conduct its largest study on some 30k people next month.<\/p><p><strong>The virus is not in control in the US<\/strong>, Faucci told lawmakers yesterday, citing a <strong>\u201cdisturbing <\/strong><strong>surge\u201d<\/strong> as \u201cAmericans ignore social distancing guidelines and states reopen without adequate plans for testing and tracing the contacts of those who get sick,\u201d the <a href=\"https:\/\/www.nytimes.com\/2020\/06\/23\/us\/politics\/fauci-congress-coronavirus.html\">New York Times<\/a> reports.<\/p><p><strong>GLOBAL MACRO-<\/strong><\/p><p><strong>Eurozone manufacturing and service activity is continuing to rebound<\/strong>, with the bloc\u2019s <a href=\"https:\/\/www.markiteconomics.com\/Public\/Home\/PressRelease\/fe2b26799d8e4589811762831b509fbd\">flash<\/a><a href=\"https:\/\/www.markiteconomics.com\/Public\/Home\/PressRelease\/fe2b26799d8e4589811762831b509fbd\">PMI (pdf)<\/a> jumping an unprecedented 15.6 points in June from May. June\u2019s 47.5 reading is still lower than the 50-point mark indicating expansion, but the gauge came in much higher than expected by Reuters economists who saw it at only 42.4, <a href=\"https:\/\/www.cnbc.com\/2020\/06\/23\/euro-zone-flash-pmis-for-june-european-business-activity-in-focus.html\">reports CNBC<\/a>.<\/p><p><strong>One Yale University economist is going ultra-bearish on the USD:<\/strong> Yale senior fellow and ex-Morgan Stanley Asia chairman Stephen Roach tells <a href=\"https:\/\/www.marketwatch.com\/story\/the-decline-of-the-us-dollar-could-happen-at-warp-speed-in-the-era-of-coronavirus-warns-prominent-economist-stephen-roach-2020-06-22?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=newsletter_axiosmarkets&amp;stream=business\">Marketwatch<\/a> that the greenback could crash 35% against competitors in the coming months due to Washington\u2019s spiraling deficit and dwindling savings.<\/p><p><strong>AND THE REST OF THE WORLD- <\/strong><\/p><p><strong>Banks and fintech bros take note: The once-high-flying founder of German fintech outfit <\/strong><strong>Wirecard is in handcuffs <\/strong>on \u201csuspicion of false accounting and market manipulation two days after the company he built into Europe\u2019s leading fintech group admitted that \u20ac1.9bn of cash reported on its balance sheet probably does \u2018not exist,\u2019\u201d the <a href=\"https:\/\/www.ft.com\/content\/30dd3df6-1db3-430a-b4d3-e4a114568410\">Financial Times<\/a> reports.<\/p><p><strong>Legendary investor Bill Ackman is raising funds for what would be the largest ever <\/strong><strong>blank-check investment vehicle,<\/strong> <a href=\"https:\/\/www.reuters.com\/article\/us-pershingsquare-investment\/bill-ackmans-new-acquisition-company-files-for-ipo-of-up-to-3-billion-idUSKBN23T2QX?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=newsletter_axiosmarkets&amp;stream=business\">Reuters<\/a> reports. Ackman is seeking USD 3 bn for the venture and could boost its overall size to USD 6.5 bn using money from his Pershing Square hedge fund.<\/p><p><strong>Another contender has thrown her hat into the ring for the top job at the WTO. South <\/strong><strong>Korean Trade Minister <\/strong>Yoo Myung-hee joins Egypt\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ef33853e-9853-42a9-9371-3fd0ae15cd0e\">Abdel Hamid Mamdouh<\/a> in the list of candidates who want to lead the trade body when Roberto Azevedo steps down in August \u2014 a year early.<\/p><p><strong>A trade agreement between the US and China looks likely to stay for now,<\/strong> former American trade official Clete Willems said, according to <a href=\"https:\/\/www.cnbc.com\/2020\/06\/23\/us-china-trade-deal-will-hold-for-now-former-trump-trade-negotiator-says.html\">CNBC<\/a>. The agreement \u201cremains a winner\u201d for Trump\u2019s reelection bid and China has been doing a good job committing to its side of the bargain, Willems says. Fears over the fate of the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7efe8474-fed4-4766-820d-75934e17f30f\">\u2018Phase One\u2019 agreement<\/a> have increased in recent weeks after trade was dragged into a war of words between Beijing and Washington over the coronavirus outbreak. The agreement was signed in January and saw the US pledge not to increase tariffs on China\u2019s imports in exchange for Beijing committing to increase its agricultural imports and opening discussions on tech policy.<\/p><p><strong>Businesses boycott Facebook:<\/strong> Outdoor gear brands are boycotting Facebook and Instagram ads to push them to be more accountable towards racism, according to <a href=\"https:\/\/techcrunch.com\/2020\/06\/22\/facebook-instagram-rei-patagonia-north-face-brands-join-stophateforprofit-boycott\/\">TechCrunch<\/a>. REI, North Face, and Patagonia have joined a campaign to push the platforms to clamp down on racism and hate speech under the hashtag <a href=\"https:\/\/www.stophateforprofit.org\/\">#StopHateForProfit<\/a>. They\u2019re demanding that social media outfits stop collecting ad revenue from \u201cmisinformation and harmful content.\u201d<\/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\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pmi\/\">PMI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us-china-trade-war\/\">US-China trade war<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    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data-block-id=\"485ckuk\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-485ckuk-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-485ckuk-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            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class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/24\/egypts-easing-restrictions-leads-the-discussion-on-talk-shows\/\">\r\n                            Egypt\u2019s easing restrictions leads the discussion on talk shows                        <\/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 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                  <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+easing+restrictions+leads+the+discussion+on+talk+shows+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F24%2Fegypts-easing-restrictions-leads-the-discussion-on-talk-shows%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\/24\/egypts-easing-restrictions-leads-the-discussion-on-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572424\" class=\"content-area-description single-story post-572424 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-arab-league tag-covid-19 tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-libya tag-madbouly-cabinet wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The talking heads were largely focused last night on the Madbouly Cabinet\u2019s decision to <\/strong><strong>ease several lockdown restrictions<\/strong>, which Cabinet spokesman Nader Saad discussed in back-to-back-to-back appearances on the airwaves. We have the story in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>The decision to curtail operating hours for restaurants, cafes, stores, and shopping malls is \u201cpermanent\u201d and will remain in place even after the pandemic<\/strong>, Saad told Masaa DMC\u2019s Ramy Radwan. Operating hours may be tweaked between the summer and winter seasons, and the government might approve longer operating hours for establishments in tourist governorates. According to Saad, the government doesn\u2019t see any economic benefit to allowing people to sit at cafes after 10pm \u2014 but will allow restaurants to operate takeaway and delivery services around the clock (<a href=\"https:\/\/www.youtube.com\/watch?v=gCT-YcCvX-Q&t=4s\">watch, runtime: 14:13<\/a>). Saad had a similar conversation with Yahduth fi Misr\u2019s Sherif Amer (<a href=\"https:\/\/www.youtube.com\/watch?v=vpT01gnIQNM&t=2s\">watch, runtime: 3:14<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=Rvv7vMfYWOQ\">runtime: 1:06<\/a>).<\/p>\n<p><strong>Arab League meeting on GERD, Libya:<\/strong> Amer also called up Arab League Assistant Secretary General Hossam Zaki for a debrief on yesterday\u2019s emergency meeting on the Grand Ethiopian Renaissance Dam and the situation in Libya. Zaki noted that the league was broadly supportive of Egypt\u2019s position on the standstill with Ethiopia, with the exception of Somalia and Djibouti (<a href=\"https:\/\/www.youtube.com\/watch?v=b1sD1HP9Cy8\">watch, runtime: 3:02<\/a>). Radwan also recapped the meeting (<a href=\"https:\/\/www.youtube.com\/watch?v=etcuYuoP8Pk\">watch, runtime: 1:55<\/a>). We also have the story in this morning\u2019s Diplomacy + Foreign Trade, below.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/arab-league\/\">Arab League<\/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\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/madbouly-cabinet\/\">Madbouly Cabinet<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"572425\" 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=\"572425\">\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\/24\/egypt-to-lift-nationwide-curfew-on-27-june-as-part-of-phased-reopening-plan-retail-hours-permanently-shortened\/\">\r\n                            Egypt to lift nationwide curfew on 27 June as part of phased reopening plan, retail hours permanently shortened                        <\/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\/24\/egypt-to-lift-nationwide-curfew-on-27-june-as-part-of-phased-reopening-plan-retail-hours-permanently-shortened\/\" 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\/24\/egypt-to-lift-nationwide-curfew-on-27-june-as-part-of-phased-reopening-plan-retail-hours-permanently-shortened\/')\">\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\/24\/egypt-to-lift-nationwide-curfew-on-27-june-as-part-of-phased-reopening-plan-retail-hours-permanently-shortened\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt to lift nationwide curfew on 27 June as part of phased reopening plan, retail hours permanently shortened&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/24\/egypt-to-lift-nationwide-curfew-on-27-june-as-part-of-phased-reopening-plan-retail-hours-permanently-shortened\/\">\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\/24\/egypt-to-lift-nationwide-curfew-on-27-june-as-part-of-phased-reopening-plan-retail-hours-permanently-shortened\/&title=Egypt to lift nationwide curfew on 27 June as part of phased reopening plan, retail hours permanently shortened\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+to+lift+nationwide+curfew+on+27+June+as+part+of+phased+reopening+plan%2C+retail+hours+permanently+shortened+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F24%2Fegypt-to-lift-nationwide-curfew-on-27-june-as-part-of-phased-reopening-plan-retail-hours-permanently-shortened%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\/24\/egypt-to-lift-nationwide-curfew-on-27-june-as-part-of-phased-reopening-plan-retail-hours-permanently-shortened\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/264.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"572426\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/24\/egypt-to-lift-nationwide-curfew-on-27-june-as-part-of-phased-reopening-plan-retail-hours-permanently-shortened\/264-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/264.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"264.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/264.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/264.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572425\" class=\"content-area-description single-story post-572425 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-covid-19 tag-enterpriseam tag-moustafa-madbouly tag-regulation 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>Curfew to be lifted on Saturday as part of phased reopening plan, retail hours <\/strong><strong>permanently shortened: <\/strong>The nighttime curfew will be lifted on Saturday as the government moves to gradually end the lockdown, <a href=\"https:\/\/bit.ly\/2Yr14Cl\">according to a cabinet statement<\/a>. The nationwide nighttime curfew is currently in force between <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/16943e92-e4f3-4837-afde-320acc8d2bd5\">8pm and 4am<\/a>. Prime Minister Moustafa Madbouly also announced at <a href=\"https:\/\/bit.ly\/37SlRlw\">a press conference<\/a> yesterday a package of policies that will regulate the reopening of the country.<\/p>\n<p><strong>The order imposes new, permanent and shorter opening hours for shops, malls, eateries and <\/strong><strong>cafes. <\/strong>Even after corona, shops and malls will have to close at 9pm and restaurants and coffeeshops will have to lock up by 10pm, according to Cabinet Spokesman Nader Saad. Shops had been required under the covid measures to close for the day at 6pm, but had previously been largely free to set their own opening hours. <strong>Saad left some wiggle room<\/strong>, saying opening hours could be adjusted in the future, perhaps moving with the season.<\/p>\n<p><strong>From Saturday, cafes and restaurants around the country will be allowed to operate until <\/strong><strong>10pm<\/strong> and sports clubs, cinemas, and theaters will reopen their doors. All sites will only be permitted to operate at a maximum 25% capacity. Sports clubs will only be required to implement the capacity limit at on-site facilities, including gyms and restaurants, but will not be required to limit the number of people entering the club at any given time.<\/p>\n<p><strong>Say bye-bye to late-night eating. <\/strong>Want to dash out for coffee with friends at midnight? Business meeting at a restaurant at 10pm? Fuggedaboudit. Cabinet says restaurants and cafes are closing at 10pm forevermore. <strong>Don\u2019t worry: Delivery service and takeaway will still be allowed around the clock <\/strong>for those nights when a big vat of greasy, crispy chicken is the only thing that will see your through.<\/p>\n<p><strong>Also: <\/strong>And don\u2019t be surprised if there\u2019s soon an exception to the early closing hour for restaurants at hotels, at a minimum.<\/p>\n<p><strong>Malls and retail shops will need to close up by 9pm <\/strong>under the order.<\/p>\n<p><strong>Public parks and beaches will remain closed until further notice.<\/strong> This does not apply to resorts and private compounds, which will be allowed to reopen their beaches, Cabinet spokesman Nader Saad said yesterday (<a href=\"https:\/\/www.youtube.com\/watch?v=O7B_A22VH70\">watch, runtime: 1:31<\/a>).<\/p>\n<p><strong>Places of worship will be allowed to partially reopen to the public as of Saturday \u2014 but <\/strong><strong>Friday prayers and weekly mass remain suspended until further notice. <\/strong>The Awqaf Ministry <a href=\"https:\/\/bit.ly\/2BzQu2Y\">will allow select mosques<\/a> to hold the five daily Muslim prayers throughout the week for men only (women\u2019s prayer areas will remain closed). Mosques will need to keep washrooms and ablution facilities closed to the public and open their doors no more than 10 minutes before the call to prayer. The Coptic Church said it will decide on Saturday how to proceed with masses on other days of the week, while the Catholic Church has said it will resume prayers this Saturday and cap attendance at 25% of any church\u2019s capacity. Representatives from the Evangelical Church will hold a virtual meeting today to coordinate the reopening of churches, according to <a href=\"https:\/\/bit.ly\/2VcCNOs\">Akhbar El Yom<\/a>.<\/p>\n<p><strong>Hotels will see their maximum occupancy rate raised to 50% <\/strong>from a current 25%. This cap will last until October when it will likely increase to 75%, the cabinet <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1853ca2e-78cd-4a9a-ac69-221dd9a9cddc\">said<\/a> last week.<\/p>\n<p><strong>Public transportation will be available from 4am until midnight.<\/strong><\/p>\n<p>The decisions earned digital ink on <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-06-23\/egypt-to-lift-curfew-reopen-cafes-as-virus-restrictions-ease?sref=mmeFTDW1\">Reuters<\/a>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-06-23\/egypt-to-lift-curfew-reopen-cafes-as-virus-restrictions-ease?sref=mmeFTDW1\">Bloomberg<\/a>, and <a href=\"https:\/\/www.thenational.ae\/world\/mena\/coronavirus-egypt-lifts-lockdown-and-reopens-cafes-mosques-and-churches-1.1038132\">the National<\/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\/moustafa-madbouly\/\">Moustafa Madbouly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation\/\">regulation<\/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=\"572435\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"572436\" 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=\"572436\">\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\/24\/egypt-in-the-news-on-24-june-2020\/\">\r\n                            Egypt in the News on 24 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\/24\/egypt-in-the-news-on-24-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\/24\/egypt-in-the-news-on-24-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\/24\/egypt-in-the-news-on-24-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 24 June 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/24\/egypt-in-the-news-on-24-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\/24\/egypt-in-the-news-on-24-june-2020\/&title=Egypt in the News on 24 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+24+June+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F24%2Fegypt-in-the-news-on-24-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\/24\/egypt-in-the-news-on-24-june-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572436\" class=\"content-area-description single-story post-572436 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-architecture tag-egypt-in-the-news tag-enterpriseam tag-gender tag-human-rights tag-zamalek wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The arrest yesterday of human rights activist Sanaa Seif is leading the conversation on <\/strong><strong>Egypt in the foreign press this morning.<\/strong> Seif is being charged with misusing social media, inciting terrorism and spreading false news and has been ordered to remain in pretrail detention for a 15 day period. <a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2020\/06\/egypt-human-rights-activist-arrested-outside-public-prosecutors-office\/\">Amnesty International<\/a> issued a statement on her arrest, and the <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/family-says-sister-of-prominent-egyptian-activist-arrested\/2020\/06\/23\/c9cfb4ba-b569-11ea-9a1d-d3db1cbe07ce_story.html\">Associated Press<\/a> picked up the story.<\/p>\n<p>Other stories to keep on your radar:<\/p>\n<ul>\n<li><strong>The suicide of exiled LGBT activist Sarah Hegazi <\/strong>is still getting digital ink in the foreign press, this time from <a href=\"https:\/\/www.thequint.com\/neon\/gender\/sarah-hegazi-egyptian-lgbtq-activist-suicide-funeral\">the Quint<\/a>.<\/li>\n<li><strong>Cairene architecture falls victim to presidential whims:<\/strong> The Forte Tower in Zamalek, which remains empty and unfinished more than 50 years after it was started, exemplifies the price exacted on the city\u2019s architecture by the changing ambitions of successive governments, Oliver Wainwright writes in <a href=\"https:\/\/www.theguardian.com\/artanddesign\/2020\/jun\/23\/unfinished-abandoned-demolished-how-cairo-is-losing-architecture-it-never-knew-it-had\">the Guardian<\/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\/architecture\/\">architecture<\/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\/gender\/\">gender<\/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\/zamalek\/\">Zamalek<\/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=\"572437\" 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=\"572437\">\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\/24\/russia-calls-for-a-ceasefire-in-libya-as-egypt-turkey-tensions-remain-high\/\">\r\n                            Russia calls for a ceasefire in Libya as Egypt-Turkey tensions remain high                        <\/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\/24\/russia-calls-for-a-ceasefire-in-libya-as-egypt-turkey-tensions-remain-high\/\" 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      <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Russia calls for a ceasefire in Libya as Egypt-Turkey tensions remain high&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/24\/russia-calls-for-a-ceasefire-in-libya-as-egypt-turkey-tensions-remain-high\/\">\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\/24\/russia-calls-for-a-ceasefire-in-libya-as-egypt-turkey-tensions-remain-high\/&title=Russia calls for a ceasefire in Libya as Egypt-Turkey tensions remain high\">\n                    LinkedIn                    <!-- <img decoding=\"async\" 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photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572437\" class=\"content-area-description single-story post-572437 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam tag-libya tag-russia tag-turkey wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Russia calls for a ceasefire in Libya, as Egypt-Turkey tensions remain high:<\/strong> Russia\u2019s foreign minister has called for an immediate ceasefire in Libya, saying that this is a step supported by both Egypt and Turkey \u2014 which back rival factions in Libya, <a href=\"https:\/\/www.reuters.com\/article\/us-libya-security-russia\/russia-calls-for-immediate-ceasefire-in-libya-conflict-idUSKBN23U1HC\">Reuters reports<\/a>. This follows <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N2DZ3UV\">a recent statement<\/a> from a senior Turkish official that Egypt\u2019s warning that it could intervene directly in Libya would not dissuade Turkey from supporting preparations to recapture the coastal city of Sirte. Turkey supports Libya\u2019s internationally recognized Government of National Accord (GNA), which has recently reversed gains made by the Libyan National Army (LNA), led by General Khalifa Haftar and supported by Egypt, Russia and the UAE.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/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\/turkey\/\">Turkey<\/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=\"572443\" 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=\"572443\">\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\/24\/the-market-yesterday-115\/\">\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\/24\/the-market-yesterday-115\/\" 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\/24\/the-market-yesterday-115\/')\">\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\/24\/the-market-yesterday-115\/\">\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\/24\/the-market-yesterday-115\/\">\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\/24\/the-market-yesterday-115\/&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%2F24%2Fthe-market-yesterday-115%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\/24\/the-market-yesterday-115\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572443\" class=\"content-area-description single-story post-572443 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 16.12 | Sell 16.22<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 16.12 | Sell 16.22<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 16.11 | Sell 16.21<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 10,765 (+0.2%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.1 bn (39% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -22.9%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session up 0.2%. CIB, the index\u2019s heaviest constituent, ended down 0.1%. EGX30\u2019s top performing constituents were Heliopolis Housing up 5.1%, CIRA up 4.8%, and EFG Hermes up 4.5%. Yesterday\u2019s worst performing stocks were Elsewedy Electric down 3.2%, Orascom Construction down 2.2% and Eastern Company down 1.6%. The market turnover was EGP 1.1 bn, and foreign investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -119.5 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +31.3 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +88.2 mn<\/p>\n<p><strong>Retail<\/strong>: 67.4% of total trades | 67.6% of buyers | 67.2% of sellers<br \/>\n <strong>Institutions<\/strong>: 32.6% of total trades | 32.4% of buyers | 32.8% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 40.34 (-0.07%)<br \/>\n <strong>Brent:<\/strong> USD 42.61 (-0.05%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.63 MMBtu, (-0.24%, July 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,788.20 \/ troy ounce (+0.35%)<\/p>\n<p><strong>TASI:<\/strong> 7,265.08 (+0.07%) (YTD: -13.40%)<br \/>\n <strong>ADX:<\/strong> 4,319.53 (-0.63%) (YTD: -14.90%)<br \/>\n <strong>DFM:<\/strong> 2,120.66 (+1.42%) (YTD: -23.30%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,588.18 (+1.49%)<br \/>\n <strong>QE:<\/strong> 9,261.29 (+0.01%) (YTD: -11.17%)<br \/>\n <strong>MSM:<\/strong> 3,524.60 (+0.42%) (YTD: -11.47%)<br \/>\n <strong>BB: <\/strong>1,280.33 (+0.14%) (YTD: -20.49%)<\/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=\"572444\" 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\/24\/572444\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572444\" class=\"content-area-description single-story post-572444 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>25 June (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>26 June (Friday): The IMF\u2019s executive board will decide on whether to disburse a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/16be15c7-809a-4228-ae03-8d3acd1c122f\">USD 5.2 bn standby loan<\/a>.<\/p>\n<p>30 June (Tuesday): Anniversary of the June 2013 protests, national holiday.<\/p>\n<p>1 July (Wednesday): Official reopening of Egypt\u2019s airspace to inbound and outbound international flights.<\/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":572421,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-572420","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"740eb98f-a2da-407a-b44c-9bff40b0ea11","teaser":"","photo_url":"https:\/\/ent.news\/2020\/6\/263.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>Curfew ends on Saturday, but shorter hours for retailers and restaurants are \u201cpermanent\u201d - 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\/curfew-ends-on-saturday-but-shorter-hours-for-retailers-and-restaurants-are-permanent\/\" 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