{"id":572487,"date":"2020-06-28T04:12:18","date_gmt":"2020-06-28T04:12:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=572487"},"modified":"2025-12-16T08:36:21","modified_gmt":"2025-12-16T08:36:21","slug":"usd-5-2-bn-from-imf-interest-rates-left-on-hold-again-plus-whats-next-as-egypt-reopens","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/usd-5-2-bn-from-imf-interest-rates-left-on-hold-again-plus-whats-next-as-egypt-reopens\/","title":{"rendered":"USD 5.2 bn from IMF + interest rates left on hold again.\nPlus: What\u2019s next as Egypt reopens"},"content":{"rendered":"<section id=\"572489\" 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=\"572489\">\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\/28\/what-were-tracking-on-28-june-2020\/\">\r\n                            What we\u2019re tracking on 28 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\/28\/what-were-tracking-on-28-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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Also: Can you believe the first half of the year is nearly over?<\/p><p><strong>That\u2019s right, folks: We\u2019re officially in the next phase of reopening<\/strong> as the nighttime curfew ended yesterday. Restaurants, coffee shops, sport clubs and houses of worship have the green light to open their doors after months of closure \u2014 albeit <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1bb3ec4e-133c-4cf4-a351-b54b300e282f\">with some restrictions<\/a> to curb the spread of the virus that causes covid-19. The Madbouly cabinet was out with <a href=\"https:\/\/www.cabinet.gov.eg\/arabic\/MediaCenter\/CabinetNews\/Pages\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D8%B5%D8%AF%D8%B1-%D9%82%D8%B1%D8%A7%D8%B1%D8%A7-%D8%A8%D8%A7%D9%84%D8%A5%D8%AC%D8%B1%D8%A7%D8%A1%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%89-%D8%B3%D9%8A%D8%AA%D9%85-%D8%A7%D9%84%D8%B9%D9%85%D9%84-%D8%A8%D8%A3%D8%AD%D9%83%D8%A7%D9%85%D9%87%D8%A7-%D8%A7%D8%B9%D8%AA%D8%A8%D8%A7%D8%B1%D8%A7-%D9%85%D9%86-%D8%A7%D9%84%D8%B3%D8%A8%D8%AA-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84-27-%D9%8A%D9%88%D9%86%D9%8A%D9%88-%D8%A7%D9%84%D8%AC%D8%A7%D8%B1%D9%89.aspx\">a decree<\/a> Thursday to enforce the reopening.<\/p><p><strong>Most mosques appeared to open yesterday, but churches in Cairo and Alex are going to <\/strong><strong>give it another couple of weeks <\/strong>before they resume regular services, according to <a href=\"https:\/\/bit.ly\/2B6yM7D\">a statement<\/a> from the Coptic Orthodox Church.<\/p><p><strong>Later this week: We\u2019re reopening international airspace on Wednesday, 1 July <\/strong>with EgyptAir set to resume flights to 22 destinations. The national flag carrier aims to service 29 destinations by mid-July. <strong>Did you book before 15 June?<\/strong> You need to reconfirm your flights. <a href=\"https:\/\/www.egyptair.com\/en\/about-egyptair\/news-and-press\/Pages\/EGYPTAIR%20is%20back%20to%20the%20Sky%20as%20of%2001July%202020.aspx\">Details here<\/a>. Also worth checking out: The Financial Times\u2019 look at <a href=\"https:\/\/www.ft.com\/content\/bb9e61a0-20a8-4fd5-ba40-fef2a2113dc8\">who\u2019s open to visitors,and who\u2019s not<\/a>.<\/p><p>(Sidebar: Among those not so welcome, it seems, will be US holidaymakers looking to escape to Europe as the bloc appears set to <strong><a href=\"https:\/\/www.nytimes.com\/2020\/06\/26\/world\/europe\/europe-us-travel-ban.html\">ban most American visitors<\/a><\/strong> on the grounds that the virus is out of control in the United States)<\/p><p><strong>Welcome in Egypt: <\/strong>Just about anyone who can prove they\u2019ve recently had a negative covid-19 test. Charter flights will resume this week to select Red Sea destinations on both the mainland and Sinai.<\/p><hr class=\"grey-line\"><p><strong>The next question we all need to ask: When will businesses with staff on WFH return to <\/strong><strong>the office? <\/strong>We know nearly a dozen businesses that are stil \u201cout for the duration\u201d or launching trials of permanent work-from-home arrangements, including brand-name Egyptian corporations, multinationals and smaller firms. The permanent WFH arrangements will be voluntary and open to large groups of staff at two big Egyptian corporations we\u2019re aware of. Like our parent company, we\u2019re in the \u201cout for the foreseeable future\u201d camp.<\/p><p><strong>Thinking of going back? Start here <\/strong>with the Harvard Business Review\u2019s <a href=\"https:\/\/hbr.org\/2020\/05\/5-tips-for-safely-reopening-your-office\">5 tips for safely<\/a><a href=\"https:\/\/hbr.org\/2020\/05\/5-tips-for-safely-reopening-your-office\">reopening your office<\/a>, then go check the <a href=\"https:\/\/www.businessinsider.com\/action-plan-employers-reopen-office-covid19-safe-smooth-transition-2020-4\">action plan experts suggested<\/a> to Business Insider. <a href=\"https:\/\/www.cdc.gov\/coronavirus\/2019-ncov\/community\/office-buildings.html\">The CDC has a very good plan \/ checklist<\/a>.<\/p><hr class=\"grey-line\"><p><strong>Businesses are also going to have to deal with the fact that many schools are likely to be <\/strong><strong>on \u201chybrid learning\u201d this fall<\/strong>, and it\u2019s still too early to tell how that might play out.<\/p><p><strong>What could hybrid learning look like?<\/strong> Half the students go to class Sunday and Monday. The other half on Wednesday and Thursday. Then the groups alternate Wednesdays, with e-learning on the days they\u2019re at home. Few schools here in Omm El Donia have made an announcement yet, but <a href=\"https:\/\/www.nytimes.com\/2020\/06\/26\/us\/coronavirus-schools-reopen-fall.html\">here\u2019s what the New York Times thinks it could look like across the pond<\/a>.<\/p><p><strong>Be ready to be flexible with the parents on your staff.<\/strong><\/p><hr class=\"grey-line\"><p><strong>Sign of the times: Banks in the US will be forced to limit dividend payments and can\u2019t do <\/strong><strong>share buybacks <\/strong>for the foreseeable future as part of a basket of precautionary measures the US Federal Reserve rolled out after completing a stress-test of major financial institutions, <a href=\"https:\/\/www.wsj.com\/articles\/fed-stress-test-finds-u-s-banks-healthy-enough-to-withstand-the-coronavirus-crisis-11593117020\">the WSJ<\/a> reports.<\/p><p><strong>Is your head spinning yet? <\/strong>Ours is, too. And so, too, the Journal, which takes the coming end of the first half to look back on <a href=\"https:\/\/www.wsj.com\/articles\/six-months-that-shook-the-world-11593231014?mod=hp_lead_pos7\">six months that shook the world<\/a>.<\/p><p><strong>PSA- The (temporary) antidote: We have a mid-week holiday on Tuesday <\/strong>to which to look forward as we observe the 30 June national holiday. Also: Happy Canada Day (Wednesday) and happy Fourth of July (Saturday) to those who observe. Enterprise is off on Tuesday, but will be back in your inboxes on Wednesday at the usual time.<\/p><p><strong>COVID-19 IN EGYPT-<\/strong><\/p><p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/2YBPDrQ\">confirmed<\/a><\/strong><strong> 88 new deaths from covid-19 yesterday<\/strong>, bringing the country\u2019s total death toll to 2,708. Egypt has now disclosed a total of 63,923 confirmed cases of covid-19, after the ministry reported <strong>1,168 new infections yesterday<\/strong>. We now have a total of 18,658 confirmed cases that have since tested negative for the virus after being hospitalized or isolated, of whom 17,140 have fully recovered.<\/p><p><strong>Rameda and EvaPharma have started producing covid-19 treatments<\/strong>, the two companies said at the end of last week. Reuters has the news <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-egypt-remdesivir\/egypts-eva-pharma-begins-producing-covid-19-drug-remdesivir-idUSKBN23W3BG\">here<\/a> and <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N2E25AR\">here<\/a>. <\/p><p><strong>Housing Minister Assem El Gazzar has tested negative for covid-19 and returns to work <\/strong><strong>today <\/strong>after self-quarantining at home for 14 days, the <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1991999\">Al Masry Al Youm<\/a> reports. Meanwhile, <strong>Rep. Haitham El Hariri has tested positive<\/strong>, he said in <a href=\"https:\/\/bit.ly\/3gaQLIZ\">a statement<\/a> on Friday, making him the eighth MP to have tested positive, according to <a href=\"https:\/\/bit.ly\/3g1ZEEz\">Al Mal<\/a>.<\/p><p><strong>Restart of football league hits a snag as Zamalek bails: <\/strong>Zamalek FC will not play in the Egyptian Premier League when it restarts in July due to the threat posed by covid-19, the club said in a <a href=\"https:\/\/bit.ly\/386pFja\">statement<\/a> on Wednesday. The league is supposed to be getting back underway on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf6e5a50-7888-42fd-85af-d46ceb2db0af\">25 July<\/a> after a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/40b9e998-dad6-4293-9c27-97d7c9a17e0b\">four-month hiatus<\/a>, with players returning to training last week. Zamalek goalkeeper Mohamed Awaad <a href=\"https:\/\/twitter.com\/mohamedawaad\/status\/1276574383444840450\">announced<\/a> that he has tested positive for the virus. The EFA <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7778452a-64dd-4588-b63b-01723164f4ac\">admitted on Wednesday<\/a> that six players had tested positive after returning to training on 20 June.<\/p><p class=\"web-image\"><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>The US is seriously struggling to get a grip on its outbreak:<\/strong> The United States reported a record increase in new cases of covid-19 for three consecutive days last week as the virus surges in the country\u2019s southern states, the <a href=\"https:\/\/www.washingtonpost.com\/nation\/2020\/06\/26\/coronavirus-live-updates-us\/\">Washington Post<\/a> reports. An all-time high of almost 45k new cases were discovered on Friday, while 13 states set new seven-day records and six recorded new single-day highs. The CDC reports that actual US cases are likely 10x higher than the reported numbers show, according to the <a href=\"https:\/\/www.nytimes.com\/2020\/06\/27\/health\/coronavirus-antibodies-asymptomatic.html?action=click&amp;module=Spotlight&amp;pgtype=Homepage\">NYT<\/a>. <strong>The surge has prompted Florida and Texas to reintroduce lockdown restrictions<\/strong>, the <a href=\"https:\/\/www.ft.com\/content\/13defc6a-2dfe-4955-ae11-3e0e837936f6\">Financial Times<\/a> reports.<\/p><p><strong>India broke the 500k case mark<\/strong> after declaring 17k new infections on Friday, <a href=\"https:\/\/www.theguardian.com\/world\/2020\/jun\/27\/global-report-india-covid-19-cases-pass-500000-as-us-records-highest-daily-increase\">the Guardian<\/a> says.<\/p><p><strong>Dubai last week ordered all bars and pubs to close until further notice<\/strong> to help enourage folks to follow social distancing rules, <a href=\"https:\/\/gulfnews.com\/uae\/dubai-bars-and-pubs-ordered-to-close-until-further-notice-1.72227034#:~:text=Dubai%3A%20All%20bars%20and%20pubs,be%20served%20until%20further%20notice.\">Gulf News<\/a> reported.<\/p><p><strong>The EU has yet to agree on a \u201csafe list\u201d of countries whose residents can travel to the <\/strong><strong>bloc<\/strong>, which is expected to initially exclude the United States, Russia, and Brazil because of the large number of covid-19 cases in those countries, <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-eu-travel\/eu-holds-off-decision-on-borders-americans-set-to-be-excluded-idUSKBN23X2TX\">Reuters<\/a> reports.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/Georgieva-2-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>GLOBAL MACRO- <\/strong><\/p><p><strong>Could the coronavirus crisis leave the IMF broke?<\/strong> The global economic crisis caused by the covid-19 pandemic threatens to drain the IMF\u2019s USD 1 tn in lending capacity if it continues to worsen, the fund\u2019s managing director Kristalina Georgieva said on Friday, <a href=\"https:\/\/www.reuters.com\/article\/us-imf-georgieva\/imfs-georgieva-says-virus-crisis-could-ultimately-test-1-trillion-war-chest-idUSKBN23X21Q\">Reuters<\/a> reports. The IMF last week <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b47a22c-5356-4ebb-8019-0d038f5afd7f\">significantly downgraded<\/a> its outlook for the global economy, forecasting a 4.9% drop in global GDP (down from 3% in its April outlook) and USD 12 tn in lost output. \u201cWe still have about three quarters of our lending capacity available,\u201d Georgieva said during a Reuters webcast. \u201cI wouldn\u2019t put it beyond us that we might be in a place where the IMF\u2019s resources are being tested, but we\u2019re not there yet.\u201d<\/p><p><strong>EGYPT BEYOND COVID- <\/strong><\/p><p><strong>The Tax Authority\u2019s electronic tax filing system will have its beta version ready by this <\/strong><strong>coming Tuesday<\/strong>, according to <a href=\"https:\/\/bit.ly\/2B6ehYJ\">a ministry statement<\/a>. The tax filing and collection electronic system would allow the authority to maintain better oversight on commercial transactions and make life easier for taxpayers, the statement says. This is part of Egypt\u2019s new unified digital tax payment system that Finance Minister Mohamed Maait said <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/264efa9e-21cf-463d-9bcd-be3a9b1e9db4\">will be fully implemented<\/a> by the end of the year, which would provide businesses with a <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/03\/egypts-cabinet-approves-new-banking-and-central-bank-act\/\">single online system<\/a> for filing and paying income tax, stamp tax and the value-added tax.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/Facebook-dislike-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>AND THE REST OF THE WORLD- <\/strong><\/p><p><strong>Major global corporations are pulling their advertisements from Facebook:<\/strong> Facebook\u2019s shares <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-06-27\/facebook-ad-boycott-sinks-stock-raises-pressure-on-zuckerberg?sref=mmeFTDW1\">plunged 8.3%<\/a> on Friday as major companies pulled advertising from its platforms in an attempt to pressure the social media company to clamp down on offensive speech. <a href=\"https:\/\/twitter.com\/Unilever\/status\/1276557729092571137?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\">Unilever<\/a>, <a href=\"https:\/\/www.coca-colacompany.com\/media-center\/statement-on-social-media\">Coca-Cola<\/a>, and <a href=\"https:\/\/www.cnbc.com\/2020\/06\/25\/verizon-pulling-advertising-from-facebook-and-instagram.html\">Verizon<\/a> have all joined the boycott, started earlier last week by outdoor gear shops showing support for the <a href=\"https:\/\/www.stophateforprofit.org\/\">Stop Hate for Profit<\/a> campaign created by US civil rights groups after the murder of George Floyd.<\/p><p><strong>Zuckerberg tries to contain the situation:<\/strong> Facebook will begin labeling potentially harmful \u201cnewsworthy\u201d content that breaches its terms of service, and ban ads that incite violence, contain hate speech, or suppress voting, founder Mark Zuckerberg <a href=\"https:\/\/www.bbc.co.uk\/news\/business-53196487\">announced<\/a> on Friday.<\/p><p><strong>Saudi\u2019s National Commercial Bank wants to become the Gulf\u2019s third-largest lender with <\/strong><strong>the proposed USD 15.6 bn acquisition<\/strong> of Samba Financial Group, NCB said in a <a href=\"https:\/\/www.tadawul.com.sa\/wps\/portal\/tadawul\/home\/announcement-details\/!ut\/p\/z1\/pZBLb4JAFIV_CwvWcxhQoLsRLIw8ErSonU0ztimS8Fqgjf31HbQbkxbbeHc3-b5zcw8RZEtEI49lIfuybWSl9mcxfUnD2Avh0CiYP5lgUz_xlimnAMjmDFDqOYZrIUZsGwoIwLPEMpGZRPzLD3hqg2UsXD-uFerQ-3xYf_PxyzDc8hdEFFW7u1S17_vuQYeOXr7Jj0OlK_21rTvZnFanetcqyIA7HBXXuQipr3LnUeR7E4rZ5BsY6_Ua-KG4UWBo5gyMvN7VeZ5vP-P3FS8507QveIv5Lw!!\/dz\/d5\/L0lDU0lKQ2dwUkNpQ2xFQSEvb01vUUFBSVF4QkFJRW95akNVNXdYQlNnaUhBIS80SkNpanNZcE1oVGpVRTF1MGxzcHFhUSEvWjdfTkhMQ0gwODJLMFRORjBBUVZPQ0JNRUtVMjIvWjZfTkhMQ0gwODJLMFRORjBBUVZPQ0JNRUtVSzYvQU5OT1VOQ0VNRU5UX05VTUJFUi81OTUwMi9odHRwOiUwJTB0YWRhd3VsJTAvYW5uQ2F0LzE!\/\">statement<\/a> to the Saudi stock exchange. NCB, already the kingdom\u2019s largest bank with a market value of USD 30 bn, would form a combined entity with almost USD 214 bn in assets if the transaction goes ahead, according to the <a href=\"https:\/\/www.ft.com\/content\/7225f33f-94c1-4ed8-8e58-75014bb28467\">Financial Times<\/a>.<\/p><p><strong>Amazon makes a play for the auto-auto market:<\/strong> Amazon has bought Zoox, a self-driving car startup that has been developing autonomous ride-hailing technology since its founding in 2014, it <a href=\"https:\/\/blog.aboutamazon.com\/company-news\/were-acquiring-zoox-to-help-bring-their-vision-of-autonomous-ride-hailing-to-reality\">announced<\/a> on Friday. Amazon didn\u2019t mention the price tags, but the <a href=\"https:\/\/www.ft.com\/content\/37ae69d9-f160-48c3-b3c5-736730c110ce\">Financial Times<\/a> claims the acquisition will cost the online retail giant around USD 1.2 bn.<\/p><p>From the Department of Window Dressing: <strong>Unilever will still sell its \u201cFair &amp; Lovely\u201d <\/strong><strong>products \u2014 just under a different brand<\/strong><strong> name.<\/strong> The company said on Thursday that it will rebrand the product line to remove words referencing whitening and fairness, but is steadfast that Fair &amp; Lovely \u201chas never been a skin-bleaching product,\u201d the <a href=\"https:\/\/www.wsj.com\/articles\/unilever-to-rename-fair-lovely-skin-lightening-cream-amid-criticism-11593085818\">Wall Street Journal<\/a> says. The product is most popular in countries including India, Bangladesh, Pakistan, and Omm El Donia, where ads often show a dark-skinned woman unhappy with her appearance until using the product transforms her into a lighter, happier version of herself. <strong>Johnson &amp; Johnson <\/strong><strong><a href=\"https:\/\/www.nytimes.com\/2020\/06\/19\/business\/johnson-and-johnson-skin-whitening-cream.html\">announced earlier this month<\/a><\/strong><strong> that it would stop selling its version of the skin bleach.<\/strong><\/p><p class=\"web-image\"><a href=\"enterprise.press\/podcast\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/Making-It-Album-Cover-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>What\u2019s one thing investors look for in a startup? A business that tackles a big problem <\/strong><strong>with a solid team<\/strong>, <a href=\"http:\/\/trella.app\">Trella<\/a> CEO Omar Hagrass told us on this week\u2019s episode of Making It. Hagrass delves into his experience securing a <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/24\/trella-raises-usd-600k-in-pre-seed-funding-round-led-by-algebra\/\">USD 600K pre-seed round<\/a> to launch the company and highlights sustainable growth as a key factor to building a mature company.<\/p><p><strong>Trella allows shippers and carriers to optimize their time and resources<\/strong> by booking carriers for cargo directly through their app, eliminating time-consuming middlemen and trucks returning empty \u2014 a service that has become even more critical amid global supply chain disruptions.<\/p><p><strong>Tap or click here to listen to the episode on<\/strong> <a href=\"https:\/\/bit.ly\/2YXE0u0\">our website<\/a> | <a href=\"https:\/\/apple.co\/3etJZgM\">Apple Podcast<\/a> | <a href=\"https:\/\/bit.ly\/2Z7gtqG\">Google Podcast<\/a> | <a href=\"https:\/\/bit.ly\/2BAv321\">Omny<\/a>. We\u2019re also available on <a href=\"https:\/\/spoti.fi\/318pZMZ\">Spotify<\/a>, but only for non-MENA accounts. Subscribe to Making It <a href=\"https:\/\/bit.ly\/2Z4R015\">here<\/a>.<\/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\/algebra-ventures\/\">Algebra Ventures<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/amazon\/\">Amazon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/assem-el-gazzar\/\">Assem El Gazzar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span 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href=\"https:\/\/enterpriseam.com\/egypt\/tag\/rameda-pharma\/\">Rameda Pharma<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-media\/\">social media<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/travel\/\">travel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trella\/\">Trella<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/unilever\/\">Unilever<\/a>\n        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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-e51ug8j\" data-v=\"4\" data-block-id=\"e51ug8j\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-e51ug8j-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-e51ug8j-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" 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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=\"572491\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/gerd-developments-lead-the-conversation-on-egypts-talk-shows\/\">\r\n                            GERD developments lead the conversation on Egypt\u2019s 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        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           \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\/28\/gerd-developments-lead-the-conversation-on-egypts-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572491\" class=\"content-area-description single-story post-572491 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-abdel-fattah-el-sisi tag-african-union tag-covid-19 tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-ethiopia tag-gerd tag-un wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The latest developments in the Grand Ethiopian Renaissance Dam (GERD) negotiations<\/strong> following an emergency African Union (AU) summit on Friday topped the talking heads\u2019 agendas last night. We have chapter and verse in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>Could the timeline for talks be extended again?<\/strong> Former Irrigation Minister Mohamed Nasr Allam told Al Kahera Alaan\u2019s Lamees El Hadidi he doesn\u2019t expect an agreement within the two-week deadline, saying talks could be extended. The technical issues will prove simpler to resolve than the legal sticking points, Allam said (<a href=\"https:\/\/www.youtube.com\/watch?v=VkpGE3cACqU\">watch, runtime: 6:20<\/a>).<\/p>\n<p><strong>Egypt can still take the dispute back to the UN Security Council if the next two weeks still don\u2019t yield a pact<\/strong>, the Arab League\u2019s permanent representative to the United Nations, Maged Abdel Fattah, told Lamees. The council will hold its regularly scheduled meeting tomorrow and will discuss the issue to stay on top of developments, and Egypt can submit a draft resolution to the council at a later time, Abdel Fattah said (<a href=\"https:\/\/www.youtube.com\/watch?v=CikOs0BDw8c\">watch, runtime: 12:57<\/a>). El Hekaya\u2019s Amr Adib (<a href=\"https:\/\/www.youtube.com\/watch?v=bGQOm3G5nLk\">watch, runtime: 7:16<\/a>) and Masaa DMC\u2019s Eman El Hosary also had coverage (<a href=\"https:\/\/www.youtube.com\/watch?v=UzHxw37n2E0\">watch, runtime: 5:22<\/a>).<\/p>\n<p><strong>On the covid-19 front:<\/strong> President Abdel Fattah El Sisi inaugurated yesterday the Middle East\u2019s largest isolation field hospital, with 4k beds and air ambulances, Lamees noted (<a href=\"https:\/\/www.youtube.com\/watch?v=dGHlJ2k9xCI\">watch, runtime: 0:38<\/a>).<\/p>\n<p><strong>The removal of the nighttime curfew and the lifting of some lockdown measures last night also earned airtime<\/strong> on Al Kahera Alaan (<a href=\"https:\/\/www.youtube.com\/watch?v=F_J9h7BWatM\">watch, runtime: 2:21<\/a>), El Hekaya (<a href=\"https:\/\/www.youtube.com\/watch?v=MhzsQMyCxcc\">watch, runtime: 2:23<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=QZM5ViBQPAw\">runtime: 5:51<\/a>), and Masaa DMC (<a href=\"https:\/\/www.youtube.com\/watch?v=o4TLG6-rqLw\">watch, runtime: 10:24<\/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\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/african-union\/\">African Union<\/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\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/un\/\">UN<\/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=\"572492\" 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=\"572492\">\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\/28\/imf-gives-final-nod-on-usd-5-2-bn-in-funding-to-egypt\/\">\r\n                            IMF gives final nod on USD 5.2 bn in funding 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\/28\/imf-gives-final-nod-on-usd-5-2-bn-in-funding-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\/28\/imf-gives-final-nod-on-usd-5-2-bn-in-funding-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\/28\/imf-gives-final-nod-on-usd-5-2-bn-in-funding-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=IMF gives final nod on USD 5.2 bn in funding to Egypt&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/imf-gives-final-nod-on-usd-5-2-bn-in-funding-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\/28\/imf-gives-final-nod-on-usd-5-2-bn-in-funding-to-egypt\/&title=IMF gives final nod on USD 5.2 bn in funding 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=IMF+gives+final+nod+on+USD+5.2+bn+in+funding+to+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F28%2Fimf-gives-final-nod-on-usd-5-2-bn-in-funding-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\/28\/imf-gives-final-nod-on-usd-5-2-bn-in-funding-to-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/283.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"572493\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/imf-gives-final-nod-on-usd-5-2-bn-in-funding-to-egypt\/283-jpg-19\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/283.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"283.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/283.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/283.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572492\" class=\"content-area-description single-story post-572492 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-covid-19 tag-debt tag-economic-reform-program tag-enterpriseam tag-imf tag-multilateral-development-banks 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>The IMF has approved a one-year USD 5.2 bn standby loan for Egypt<\/strong>, helping the country plug a balance of payments shortfall and finance its budget deficit, the fund\u2019s executive board said in <a href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2020\/06\/26\/pr20248-egypt-imf-executive-board-approves-12-month-us-5-2billion-stand-by-arrangement\">a statement<\/a> on Friday. The approval allows for the immediate disbursal of USD 2 bn, with the remainder to be doled out in two tranches after staff reviews, a dance Egyptian policymakers are familiar with after USD 12 bn, three-year extended funding facility we drew following the float of the EGP. <strong>The IMF had no comment on the terms of the financing. <\/strong><\/p>\n<p><strong>What will the money be used for?<\/strong> The funding will support healthcare and social programs for the vulnerable, protect and advance structural reforms, and boost private sector growth and job creation, IMF deputy managing director Antoinette Sayeh said.<\/p>\n<p><strong>The new loan is in addition to a USD 2.8 bn rapid financing instrument<\/strong> Egypt<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/11bab53b-215b-4264-9f9f-0134b47a0e99\">received from<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/11bab53b-215b-4264-9f9f-0134b47a0e99\">the IMF last month<\/a>. The government is still seeking an additional USD 4 bn from undisclosed lenders to help it weather covid-19, a government official <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c87e789b-9e47-4a01-a87a-7a463ad2a42e\">said last month<\/a>.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a1ba319e-b15d-4093-92f6-706ce3407cc3\">Fitch Ratings<\/a><\/strong><strong> said last month that fresh funds from the IMF will boost investor <\/strong><strong>confidence<\/strong> in Egypt as portfolio outflows from emerging markets reverse. The funds may also <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a8bdd995-353d-421e-9c49-d78d0fc949be\">help Egypt cut back<\/a> on local borrowing to reduce the cost of servicing its debt, according to the Finance Ministry.<\/p>\n<p><strong>The news is getting plenty of digital ink this morning: <\/strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-06-26\/imf-approves-5-2-billion-stand-by-arrangement-for-egypt?sref=mmeFTDW1\">Bloomberg<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/pandemics-economic-toll-forces-egypt-to-turn-again-to-imf-for-help-11593178701\">Wall Street Journal<\/a> | <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-economy-imf\/imf-board-approves-5-2-billion-12-month-loan-program-for-egypt-idUSKBN23Y01V\">Reuters<\/a> | <a href=\"https:\/\/apnews.com\/c16297893406281b021739e05d17f382\">Associated Press<\/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\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economic-reform-program\/\">economic reform program<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/imf\/\">IMF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/multilateral-development-banks\/\">multilateral development banks<\/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=\"572504\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"572505\" 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=\"572505\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/egypt-artist-says-goodbye-to-lockdown-with-screenings-of-concerts-on-building\/\">\r\n                            Egypt artist says goodbye to lockdown with screenings of concerts on building                        <\/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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goodbye to lockdown with screenings of concerts on building\">\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+artist+says+goodbye+to+lockdown+with+screenings+of+concerts+on+building+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F28%2Fegypt-artist-says-goodbye-to-lockdown-with-screenings-of-concerts-on-building%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\/28\/egypt-artist-says-goodbye-to-lockdown-with-screenings-of-concerts-on-building\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/288.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"572506\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/egypt-artist-says-goodbye-to-lockdown-with-screenings-of-concerts-on-building\/288-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/288.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"288.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/288.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/288.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572505\" class=\"content-area-description single-story post-572505 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-covid-19 tag-culture tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Artist says goodbye to lockdown with giant screenings of iconic concerts on buildings: <\/strong>Video artist Mohamed Allam projected live concerts of Umm Kalthoum, Abdel Halim Hafez, and Quran reciter Abdul Basit Abdul Samad on select Cairo buildings over the past few weeks as the nation waves goodbye to the nighttime curfew, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/5\/33\/372756\/Arts--Culture\/Music\/Video-artist-Mohamed-Allam-projects-concerts-by-Eg.aspx\">reports Ahram Online<\/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\/culture\/\">culture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/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=\"572507\" 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=\"572507\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/egypt-in-the-news-on-28-june-2020\/\">\r\n                            Egypt in the news on 28 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\/28\/egypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-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 28 June 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/egypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-june-2020\/&title=Egypt in the news on 28 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+28+June+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F28%2Fegypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-june-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572507\" class=\"content-area-description single-story post-572507 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-archaeology tag-egypt-in-the-news tag-enterpriseam tag-justin-trudeau tag-libya tag-moustafa-madbouly tag-reporters-without-borders tag-turkey wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>There\u2019s plenty of ink about Egypt in the international press this morning<\/strong>, with stories including the filling of the Grand Ethiopian Renaissance Dam and the USD 5.2 bn IMF loan both getting plenty of ink, as we note in Speed Round, above.<\/p>\n<p><strong>Egypt\u2019s warning of military intervention in Libya is also getting attention:<\/strong> <a href=\"https:\/\/www.theguardian.com\/world\/2020\/jun\/26\/libyan-standoff-risks-dragging-egyptian-military-into-regions-cold-war\">Guardian<\/a> | <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2020\/06\/egypt-sisi-warning-libya-turkey-hifter-border-military.html\">Al<\/a><a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2020\/06\/egypt-sisi-warning-libya-turkey-hifter-border-military.html\">Monitor<\/a> | <a href=\"https:\/\/www.arabnews.com\/node\/1695876\">Arab News<\/a> | <a href=\"https:\/\/www.jpost.com\/opinion\/egypt-is-prepared-to-go-to-war-in-libya-633014\">Jerusalem Post<\/a>. Rights stories are also getting attention in the <a href=\"https:\/\/nationalpost.com\/news\/family-of-canadian-jailed-in-egypt-without-charge-fear-he-has-covid-19-but-not-being-treated\">National Post<\/a>, the <a href=\"https:\/\/apnews.com\/8fc5e37fc5f4a4c3046c39518e5e8e29\">Associated Press<\/a> and <a href=\"https:\/\/www.dw.com\/en\/egypt-targets-activists-in-new-wave-of-arrests\/a-53952214\">Deutsche Welle<\/a>. The <a href=\"https:\/\/www.nationalgeographic.com\/history\/magazine\/2020\/05-06\/pharaoh-seti-painted-tomb-missing-its-mummy\/\">National Geographic<\/a>, meanwhile, chronicles the discovery of the empty tomb of King Seti I in the Valley of the Kings.<\/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\/archaeology\/\">archaeology<\/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\/justin-trudeau\/\">Justin Trudeau<\/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\/moustafa-madbouly\/\">Moustafa Madbouly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/reporters-without-borders\/\">Reporters Without Borders<\/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=\"572508\" 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=\"572508\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/egypts-agricultural-exports-down-slightly-in-1h2020-despite-slowdown-in-global-trade\/\">\r\n                            Egypt\u2019s agricultural exports down slightly in 1H2020 despite slowdown in global trade                        <\/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\/28\/egypts-agricultural-exports-down-slightly-in-1h2020-despite-slowdown-in-global-trade\/\" 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\/28\/egypts-agricultural-exports-down-slightly-in-1h2020-despite-slowdown-in-global-trade\/')\">\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\/28\/egypts-agricultural-exports-down-slightly-in-1h2020-despite-slowdown-in-global-trade\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s agricultural exports down slightly in 1H2020 despite slowdown in global trade&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/egypts-agricultural-exports-down-slightly-in-1h2020-despite-slowdown-in-global-trade\/\">\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\/28\/egypts-agricultural-exports-down-slightly-in-1h2020-despite-slowdown-in-global-trade\/&title=Egypt\u2019s agricultural exports down slightly in 1H2020 despite slowdown in global trade\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+agricultural+exports+down+slightly+in+1H2020+despite+slowdown+in+global+trade+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F28%2Fegypts-agricultural-exports-down-slightly-in-1h2020-despite-slowdown-in-global-trade%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\/28\/egypts-agricultural-exports-down-slightly-in-1h2020-despite-slowdown-in-global-trade\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572508\" class=\"content-area-description single-story post-572508 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-agriculture tag-covid-19 tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt\u2019s agricultural exports dip slightly in 1H2020: <\/strong>Egypt exported 3.47 mn tonnes of fruits and vegetables since the beginning of 2020, down fractionally from the 3.7 mn tonnes <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/23\/egypts-agricultural-exports-rise-to-3-7-mn-tonnes-in-2019\/\">Egypt exported<\/a> in 1H2019, despite the covid-19 pandemic taking a toll on the volume of global trade, Agriculture Minister <a href=\"https:\/\/bit.ly\/31oSBSm\">El Sayed El Quseir said<\/a>. Citrus exports made over a third of the total amount sold abroad, with 1.38 mn tonnes leaving our ports since 1 January, said Agricultural Quarantine Authority head Ahmed Al Attar. Potato and onion exports rounded up the top three, followed closely by exports of grapes and garlic.<\/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\/agriculture\/\">agriculture<\/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\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/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=\"572509\" 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=\"572509\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/siemens-to-announce-lekela-wind-farm-electric-works-bid-winner-next-month\/\">\r\n                            Siemens to announce Lekela wind farm electric works bid winner next month                        <\/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\/28\/siemens-to-announce-lekela-wind-farm-electric-works-bid-winner-next-month\/\" 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\/28\/siemens-to-announce-lekela-wind-farm-electric-works-bid-winner-next-month\/')\">\n                    Copy Link                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           <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/siemens-to-announce-lekela-wind-farm-electric-works-bid-winner-next-month\/&title=Siemens to announce Lekela wind farm electric works bid winner next month\">\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=Siemens+to+announce+Lekela+wind+farm+electric+works+bid+winner+next+month+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F28%2Fsiemens-to-announce-lekela-wind-farm-electric-works-bid-winner-next-month%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\/28\/siemens-to-announce-lekela-wind-farm-electric-works-bid-winner-next-month\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572509\" class=\"content-area-description single-story post-572509 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam tag-ras-gharib tag-siemens-gamesa wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a href=\"https:\/\/www.siemensgamesa.com\/\">Siemens Gamesa<\/a>, which is handling logistics on the Lekela wind power project in Ras Gharib, will announce the bid winner for electric works on the wind farm next month, the <a href=\"https:\/\/alborsaanews.com\/2020\/06\/23\/1360030\">local press<\/a> reports, citing unnamed sources familiar with the matter.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ras-gharib\/\">Ras Gharib<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/siemens-gamesa\/\">Siemens Gamesa<\/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=\"572510\" 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=\"572510\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/acdima-signs-mou-with-sk-plasma-to-produce-plasma-derived-products\/\">\r\n                            Acdima signs MoU with SK Plasma to produce plasma-derived products                        <\/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\/28\/acdima-signs-mou-with-sk-plasma-to-produce-plasma-derived-products\/\" 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\/28\/acdima-signs-mou-with-sk-plasma-to-produce-plasma-derived-products\/')\">\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\/28\/acdima-signs-mou-with-sk-plasma-to-produce-plasma-derived-products\/\">\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=Acdima signs MoU with SK Plasma to produce plasma-derived products&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/acdima-signs-mou-with-sk-plasma-to-produce-plasma-derived-products\/\">\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\/28\/acdima-signs-mou-with-sk-plasma-to-produce-plasma-derived-products\/&title=Acdima signs MoU with SK Plasma to produce plasma-derived products\">\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=Acdima+signs+MoU+with+SK+Plasma+to+produce+plasma-derived+products+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F28%2Facdima-signs-mou-with-sk-plasma-to-produce-plasma-derived-products%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\/28\/acdima-signs-mou-with-sk-plasma-to-produce-plasma-derived-products\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572510\" class=\"content-area-description single-story post-572510 post type-post status-publish format-standard hentry category-manufacturing tag-acdima tag-enterpriseam tag-manufacturing tag-south-korea wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Acdima Pharma signed an MoU with South Korea\u2019s SK Plasma to produce plasma-derived medicinal products in Egypt, the <a href=\"https:\/\/alborsaanews.com\/2020\/06\/26\/1361319\">local press<\/a> reports, without providing additional details. Medical centers treating covid-19 have been experimenting with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ecc0afa2-6fbc-4920-b6d9-93efe6ea9672\">plasma therapy<\/a>, administering antibody-rich blood from recovered patients to new ones through transfusions.<\/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\/acdima\/\">ACDIMA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/south-korea\/\">South Korea<\/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=\"572511\" 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=\"572511\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/general-electric-delivers-fourth-batch-of-locomotives-to-egypt\/\">\r\n                            General Electric delivers fourth batch of locomotives 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\/28\/general-electric-delivers-fourth-batch-of-locomotives-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\/28\/general-electric-delivers-fourth-batch-of-locomotives-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\/28\/general-electric-delivers-fourth-batch-of-locomotives-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=General Electric delivers fourth batch of locomotives to Egypt&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/general-electric-delivers-fourth-batch-of-locomotives-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\/28\/general-electric-delivers-fourth-batch-of-locomotives-to-egypt\/&title=General Electric delivers fourth batch of locomotives 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=General+Electric+delivers+fourth+batch+of+locomotives+to+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F28%2Fgeneral-electric-delivers-fourth-batch-of-locomotives-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\/28\/general-electric-delivers-fourth-batch-of-locomotives-to-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572511\" class=\"content-area-description single-story post-572511 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam tag-transport tag-transport-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>General Electric delivered 20 new locomotives to Egypt on Friday, the fourth batch of rail engines that Egypt had purchased in 2017 in a USD 602.5 mn agreement, <a href=\"https:\/\/bit.ly\/2NAq6ZI\">cabinet<\/a>said. The agreement will see GE deliver a total of 110 new railway tractors and upgrade 81 others. The latest batch brings the total number of new locomotives GE has delivered to 70.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport-ministry\/\">Transport Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"572512\" 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=\"572512\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/qasatli-efg-hermes-sign-contract-to-issue-egp-1-8-bn-securitized-bonds-for-amers-porto-and-mansour-groups\/\">\r\n                            Qasatli, EFG Hermes sign contract to issue EGP 1.8 bn securitized bonds for Amer\u2019s Porto and Mansour groups                        <\/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\/28\/qasatli-efg-hermes-sign-contract-to-issue-egp-1-8-bn-securitized-bonds-for-amers-porto-and-mansour-groups\/\" 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\/28\/qasatli-efg-hermes-sign-contract-to-issue-egp-1-8-bn-securitized-bonds-for-amers-porto-and-mansour-groups\/')\">\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\/28\/qasatli-efg-hermes-sign-contract-to-issue-egp-1-8-bn-securitized-bonds-for-amers-porto-and-mansour-groups\/\">\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=Qasatli, EFG Hermes sign contract to issue EGP 1.8 bn securitized bonds for Amer\u2019s Porto and Mansour groups&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/qasatli-efg-hermes-sign-contract-to-issue-egp-1-8-bn-securitized-bonds-for-amers-porto-and-mansour-groups\/\">\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\/28\/qasatli-efg-hermes-sign-contract-to-issue-egp-1-8-bn-securitized-bonds-for-amers-porto-and-mansour-groups\/&title=Qasatli, EFG Hermes sign contract to issue EGP 1.8 bn securitized bonds for Amer\u2019s Porto and Mansour groups\">\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=Qasatli%2C+EFG+Hermes+sign+contract+to+issue+EGP+1.8+bn+securitized+bonds+for+Amer%E2%80%99s+Porto+and+Mansour+groups+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F28%2Fqasatli-efg-hermes-sign-contract-to-issue-egp-1-8-bn-securitized-bonds-for-amers-porto-and-mansour-groups%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\/28\/qasatli-efg-hermes-sign-contract-to-issue-egp-1-8-bn-securitized-bonds-for-amers-porto-and-mansour-groups\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572512\" class=\"content-area-description single-story post-572512 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-debt tag-efg-hermes tag-enterpriseam tag-qasatli tag-securitization wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>EFG Hermes and newly set-up mortgage finance company <a href=\"https:\/\/www.qasatli.com\/\">Qasatli<\/a> have signed an agreement to issue EGP 1.8 bn-worth of five-year securitized bonds for \u201ctwo of the largest real estate companies in Egypt,\u201d Qasatli said in a <a href=\"https:\/\/bit.ly\/31oMkWv\">statement<\/a>. Qasatli didn\u2019t name the issuers but <a href=\"https:\/\/bit.ly\/3dFFazG\">Hapi Journal<\/a> claims that Mansour Amer\u2019s Porto Group and Amer Group are the companies behind the offering.<\/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\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/efg-hermes\/\">EFG Hermes<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/qasatli\/\">Qasatli<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/securitization\/\">securitization<\/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=\"572515\" 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=\"572515\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/egypt-executes-libyan-militant-abdel-rahim-al-mismari\/\">\r\n                            Egypt executes Libyan militant Abdel Rahim Al-Mismari                        <\/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\/28\/egypt-executes-libyan-militant-abdel-rahim-al-mismari\/\" 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\/28\/egypt-executes-libyan-militant-abdel-rahim-al-mismari\/')\">\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\/28\/egypt-executes-libyan-militant-abdel-rahim-al-mismari\/\">\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 executes Libyan militant Abdel Rahim Al-Mismari&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/egypt-executes-libyan-militant-abdel-rahim-al-mismari\/\">\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\/28\/egypt-executes-libyan-militant-abdel-rahim-al-mismari\/&title=Egypt executes Libyan militant Abdel Rahim Al-Mismari\">\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+executes+Libyan+militant+Abdel+Rahim+Al-Mismari+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F28%2Fegypt-executes-libyan-militant-abdel-rahim-al-mismari%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\/28\/egypt-executes-libyan-militant-abdel-rahim-al-mismari\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572515\" class=\"content-area-description single-story post-572515 post type-post status-publish format-standard hentry category-national-security tag-armed-forces tag-defense-ministry tag-enterpriseam tag-libya tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egyptian authorities executed yesterday Libyan militant Abdel Rahim Al Mismari, who was convicted by a military court of carrying out a 2017 attack that killed 16 officers in the Western Desert, according to the Defense Ministry (<a href=\"https:\/\/www.youtube.com\/watch?v=zmcoFzREKck\">watch, runtime 6:55<\/a>). Al Mismari was also convicted of forming and joining a terrorist organization in Libya and kidnapping a police officer.<\/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\/armed-forces\/\">Armed Forces<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/defense-ministry\/\">Defense Ministry<\/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\/national-security\/\">national security<\/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=\"572516\" 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=\"572516\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/egypts-raneem-el-welily-retires-from-professional-squash\/\">\r\n                            Egypt\u2019s Raneem El Welily retires from professional squash                        <\/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\/28\/egypts-raneem-el-welily-retires-from-professional-squash\/\" 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\/28\/egypts-raneem-el-welily-retires-from-professional-squash\/')\">\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\/28\/egypts-raneem-el-welily-retires-from-professional-squash\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s Raneem El Welily retires from professional squash&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/egypts-raneem-el-welily-retires-from-professional-squash\/\">\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\/28\/egypts-raneem-el-welily-retires-from-professional-squash\/&title=Egypt\u2019s Raneem El Welily retires from professional squash\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+Raneem+El+Welily+retires+from+professional+squash+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F28%2Fegypts-raneem-el-welily-retires-from-professional-squash%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\/28\/egypts-raneem-el-welily-retires-from-professional-squash\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572516\" class=\"content-area-description single-story post-572516 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>World No.1 squash player Raneem El Welily <a href=\"https:\/\/bit.ly\/2B9VUCe\">announced<\/a> she\u2019s retiring from the professional scene to focus on family life. The 31-year-old broke a two-year dry spell for Egyptians when she led the world rankings after bringing home the 2017 World Championship in the UK. She won 24 titles since she started her senior career in 2009, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/6\/56\/372924\/Sports\/Omni-Sports\/Egypt-squash-star-and-World-number---Raneem-ElWeli.aspx\">according to Ahram Online<\/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\/sports\/\">sports<\/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=\"572517\" 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=\"572517\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/hend-sabry-wins-best-actress-at-cannes-arab-films-event\/\">\r\n                            Hend Sabry wins best actress at Cannes Arab films event                        <\/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\/28\/hend-sabry-wins-best-actress-at-cannes-arab-films-event\/\" 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\/28\/hend-sabry-wins-best-actress-at-cannes-arab-films-event\/')\">\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\/28\/hend-sabry-wins-best-actress-at-cannes-arab-films-event\/\">\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=Hend Sabry wins best actress at Cannes Arab films event&url=https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/hend-sabry-wins-best-actress-at-cannes-arab-films-event\/\">\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\/28\/hend-sabry-wins-best-actress-at-cannes-arab-films-event\/&title=Hend Sabry wins best actress at Cannes Arab films event\">\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=Hend+Sabry+wins+best+actress+at+Cannes+Arab+films+event+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F06%2F28%2Fhend-sabry-wins-best-actress-at-cannes-arab-films-event%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\/28\/hend-sabry-wins-best-actress-at-cannes-arab-films-event\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572517\" class=\"content-area-description single-story post-572517 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam tag-film tag-hend-sabry tag-tunisia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egyptian cinema\u2019s Tunisian darling Hend Sabry won the best actress award for \u201cNoura\u2019s<\/strong><strong> Dream\u201d at the Cannes Film Festival\u2019s Critics Awards for Arab Films event<\/strong>, which was held online this year. Palestinian filmmaker Elia Sulieman\u2019s \u201cIt Must Be Heaven\u201d won the best film and director awards. <a href=\"https:\/\/www.thenational.ae\/arts-culture\/film\/palestinian-film-and-actress-hend-sabri-win-top-awards-at-critics-awards-for-arab-films-in-cannes-1.1039711\">The National<\/a> has more.<\/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\/film\/\">film<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hend-sabry\/\">Hend Sabry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tunisia\/\">Tunisia<\/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=\"572518\" 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=\"572518\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/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\/28\/the-market-yesterday-117\/\">\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\/28\/the-market-yesterday-117\/\" 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\/28\/the-market-yesterday-117\/')\">\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\/28\/the-market-yesterday-117\/\">\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\/28\/the-market-yesterday-117\/\">\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\/28\/the-market-yesterday-117\/&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%2F28%2Fthe-market-yesterday-117%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\/28\/the-market-yesterday-117\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572518\" class=\"content-area-description single-story post-572518 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 16.10 | Sell 16.20<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 10,890 (-1.4%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.1 bn (37% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -22%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session down 1.4%. CIB, the index\u2019s heaviest constituent, ended down 1.9%. EGX30\u2019s top performing constituents were EFG Hermes up 2.9%, GB Auto up 2.2%, and Porto Group up 1.9%. Thursday\u2019s worst performing stocks were Orascom Development down 3.9%, Dice down 3.0% and Cleopatra Hospital down 3.0%. The market turnover was EGP 1.1 bn, and domestic investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -99.0 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -6.3 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +105.3 mn<\/p>\n<p><strong>Retail<\/strong>: 68.7% of total trades | 71.4% of buyers | 65.9% of sellers<br \/>\n <strong>Institutions<\/strong>: 31.3% of total trades | 28.6% of buyers | 34.1% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 38.49 (-0.59%)<br \/>\n <strong>Brent:<\/strong> USD 41.02 (-0.07%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.54 MMBtu, (-0.13%, August 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,780.30 \/ troy ounce (+0.55%)<\/p>\n<p><strong>TASI:<\/strong> 7,232.34 (+0.26%) (YTD: -13.79%)<br \/>\n <strong>ADX:<\/strong> 4,285.59 (-1.02%) (YTD: -15.57%)<br \/>\n <strong>DFM:<\/strong> 2,086.51 (-0.61%) (YTD: -24.53%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,656.71 (-0.22%)<br \/>\n <strong>QE:<\/strong> 9,184.97 (-0.44%) (YTD: -11.90%)<br \/>\n <strong>MSM:<\/strong> 3,525.77 (+0.03%) (YTD: -11.44%)<br \/>\n <strong>BB: <\/strong>1,279.38 (-0.11%) (YTD: -20.54%)<\/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=\"572519\" 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\/28\/572519\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572519\" class=\"content-area-description single-story post-572519 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>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":572488,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-572487","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"b62f89b9-3d73-4984-b968-a6bbe60c973b","teaser":"","photo_url":"https:\/\/ent.news\/2020\/6\/280.jpg"},"yoast_head":"<!-- This site is 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