{"id":572608,"date":"2020-07-01T04:56:09","date_gmt":"2020-07-01T04:56:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=572608"},"modified":"2025-12-16T08:40:20","modified_gmt":"2025-12-16T08:40:20","slug":"international-flights-resume-today-the-perfect-note-on-which-to-start-our-long-weekend","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/international-flights-resume-today-the-perfect-note-on-which-to-start-our-long-weekend\/","title":{"rendered":"International flights resume today \u2014 the perfect note on which to start our long weekend"},"content":{"rendered":"<section id=\"572610\" 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=\"572610\">\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\/07\/01\/what-were-tracking-on-1-july-2020\/\">\r\n                            What we\u2019re tracking on 1 July 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\/07\/01\/what-were-tracking-on-1-july-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The Dow and S&amp;P have trimmed their losses for the year to single digit percentages, while the Nasdaq is now up 12% since 1 January (which feels like what \u2026 three years ago?). Closer to home, <strong>the EGX30 is down 22.9% <\/strong>year-to-date.<\/p><p><strong>It\u2019s also the first day of the state\u2019s new fiscal year<\/strong>, with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/78b3ac0c-8571-47a4-802c-abf1b65a5044\">electricity prices set to rise 16-30%<\/a>, a new <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6e8865f7-5cd2-4c12-9ce9-ed5dcdbd6d18\">1% surtax on all employee salaries<\/a> expected to go into effect for one year, and a <a href=\"https:\/\/www.mobtada.com\/details\/945482\">14% rise in pensions<\/a> becoming effective this morning.<\/p><p><strong>Don\u2019t look now, but there\u2019s another virus brewing in China with pandemic potential \u2014<\/strong> <strong>and it could be a nasty one. <\/strong>Top US virus expert Dr. Anthony Fauci warned yesterday that there is an <strong>emerging<\/strong><strong> strain of swine flu found showing similarities to H1N1 and the 1918 flu<\/strong>, which he said health officials are \u201ckeeping a close eye on.\u201d The strain \u2014 dubbed G4 EA H1N1 \u2014 hasn\u2019t yet been detected in humans but shows the potential for \u201creassortment capabilities\u201d that could see it mutate into a contractible virus, <a href=\"https:\/\/www.cnbc.com\/2020\/06\/30\/dr-anthony-fauci-says-new-virus-in-china-has-traits-of-2009-h1n1-and-1918-pandemic-flu.html\">MSNBC<\/a> reports. It\u2019s not \u201can immediate threat where you're seeing infections, but it's something we need to keep our eye on,\u201d Fauci said.<\/p><p><strong>What to do is simple enough that even a first-year analyst can model it:<\/strong> \u201cWe find a national [facemask] mandate could ... cut the daily growth rate of confirmed cases by 1.0pp to 0.6% ... <strong>a face mask mandate could potentially substitute for lockdowns that would otherwise subtract nearly 5% from GDP<\/strong>,\u201d <a href=\"https:\/\/www.cnbc.com\/2020\/06\/30\/goldman-sachs-says-a-national-mask-mandate-could-slash-infections-and-save-economy-from-a-5percent-hit.html\">Goldman Sachs writes<\/a>, speaking to the situation in the United States.<\/p><hr class=\"grey-line\"><p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>On a much brighter note: <\/strong><strong>Our international airspace officially reopens this morning<\/strong>, allowing regularly scheduled commercial flights in and out of the country for the first time since the government imposed a ban in March.<\/p><p><strong>The first EgyptAir flight taking off from Cairo today is heading to London<\/strong>, <a href=\"https:\/\/bit.ly\/31v5YjJ\">Al Masry Al<\/a><a href=\"https:\/\/bit.ly\/31v5YjJ\">Youm<\/a> reports, citing an unnamed source at Cairo International Airport. The flight is expected to depart at 9:10am with 265 passengers on board. <strong>EgyptAir has <\/strong><strong><a href=\"https:\/\/www.egyptair.com\/en\/about-egyptair\/news-and-press\/Pages\/EGYPTAIR%20is%20back%20to%20the%20Sky%20as%20of%2001July%202020.aspx\">25 active destinations<\/a><\/strong><strong> as of this morning<\/strong>, with six more scheduled to start between 8 and 15 July. <strong>Not on the list: Turkey<\/strong>, where flights are unlikely to resume before August, <a href=\"https:\/\/bit.ly\/38dnBpy\">Masrawy<\/a> reports, citing aviation ministry sources.<\/p><p><strong>Egypt is the #1 destination for Emiratis looking for a post-lockdown holiday<\/strong>, according to data provided by travel search engine Wego, <a href=\"https:\/\/www.thenational.ae\/lifestyle\/travel\/uae-travellers-plan-on-visiting-egypt-india-the-philippines-and-turkey-as-restrictions-ease-1.1041361\">the National<\/a> reports. Would-be holidaymakers are mostly searching for bookings to Egypt, while India, the Philippines, Turkey and Sudan rounded off the top 5, the company said.<\/p><p><strong>If you\u2019re not a citizen, you\u2019re not headed to the EU anytime soon. <\/strong>Egypt isn\u2019t on the final <a href=\"https:\/\/www.schengenvisainfo.com\/news\/confirmed-eu-marks-15-third-countries-as-safe-eu-members-not-obliged-to-open-borders-to-all\/\">list<\/a><a href=\"https:\/\/www.schengenvisainfo.com\/news\/confirmed-eu-marks-15-third-countries-as-safe-eu-members-not-obliged-to-open-borders-to-all\/\">of 14 countries<\/a> whose residents will be allowed into the Schengen area, which is starting to reopen to outside visitors today. The main criteria for inclusion on the list is an infection rate below 16 per 100k people and a declining new case rate.<\/p><p><strong>Don\u2019t worry, <\/strong><strong><a href=\"https:\/\/www.youtube.com\/watch?v=vbF_7TiG5bg\">you won\u2019t be rubbing elbows with the Griswolds<\/a><\/strong> if you are indeed able to make it to Europe. <a href=\"https:\/\/www.cnbc.com\/2020\/06\/30\/why-americans-wont-be-traveling-to-europe-anytime-soon.html\">The US has also been left off<\/a> the list.<\/p><p><strong>So who is allowed to plan a European vacation?<\/strong> The list includes Algeria, Australia, Canada, Georgia, Japan, Montenegro, Morocco, New Zealand, Rwanda, Serbia, South Korea, Thailand, Tunisia, and Uruguay. Incoming travelers from China will also be permitted to enter Europe \u2014 making it 15 countries \u2014 if China moves to allow European travelers to enter its borders.<\/p><hr class=\"grey-line\"><p><strong>PSA- You\u2019re off work tomorrow as Egypt observes the anniversary of the 30 June <\/strong><strong>Revolution. <\/strong>We\u2019re off, too, but will be back in your inboxes at the appointed hour on Sunday morning. Enjoy the break, everyone.<\/p><p><strong>PSA #2- State banks and the Egyptian Exchange are closed<\/strong> today and tomorrow.<\/p><hr class=\"grey-line\"><p><strong>News triggers coming up in July:<\/strong><\/p><ul>\n<li><strong>The purchasing managers\u2019 index for June<\/strong> is due on Monday, 6 July.<\/li>\n<li><strong>Foreign reserves figures for June<\/strong> should be out sometime next week.<\/li>\n<li><strong>Inflation:<\/strong> Inflation data for June will land Thursday, 9 July.<\/li>\n<\/ul><hr class=\"grey-line\"><p><strong>COVID-19 IN EGYPT-<\/strong><\/p><p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/38ghroF\">confirmed<\/a><\/strong><strong> 81 new deaths from covid-19 yesterday<\/strong>, bringing the country\u2019s total death toll to 2,953. Egypt has now disclosed a total of 68,311 confirmed cases of covid-19, after the ministry reported <strong>1,557 new infections yesterday<\/strong>. We now have a total of 18,460 confirmed cases that have fully recovered.<\/p><p><strong>CBE extends tenor of special tourism loans to three years: <\/strong>Hotels, tour operators, restaurants, and tourism transport companies can now apply for credit facilities with a tenor of three years (including a one-year grace period) to pay wages, commitments to suppliers, and maintenance, the Central Bank of Egypt (CBE) said in <a href=\"https:\/\/www.cbe.org.eg\/ar\/Pages\/HighlightsPages\/%D9%83%D8%AA%D8%A7%D8%A8-%D8%AF%D9%88%D8%B1%D9%8A-%D8%A8%D8%AA%D8%A7%D8%B1%D9%8A%D8%AE-29-%D9%8A%D9%88%D9%86%D9%8A%D9%88-2020-%D8%A8%D8%B4%D8%A3%D9%86-%D8%AA%D8%B9%D8%AF%D9%8A%D9%84-%D8%A8%D8%B9%D8%B6-%D8%A8%D9%86%D9%88%D8%AF-%D9%85%D8%A8%D8%A7%D8%AF%D8%B1%D8%A9-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%AD%D8%A9-%D8%A7%D9%84%D8%B5%D8%A7%D8%AF%D8%B1%D8%A9-%D8%A8%D8%B6%D9%85%D8%A7%D9%86%D8%A9-%D9%88%D8%B2%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9.aspx\">a circular to banks<\/a>. The CBE had originally allowed the hard-hit companies to obtain soft loans with a two-year tenor when it launched the pandemic relief initiative <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7556d5f4-f4be-40a0-b383-00d317400ee5\">in March<\/a>. The initiative came as part of a <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/16\/cbe-confirms-egp-50-bn-tourism-support-program-8498\/\">EGP 50 bn tourism support package<\/a> the CBE deployed last year.<\/p><p><strong>Restaurant and cafe owners don\u2019t want the government to permanently shorten their <\/strong><strong>opening hours:<\/strong> Some eateries want to be allowed to remain open until midnight once covid-19 restrictions are fully lifted, Cairo Chamber of Commerce Vice President Sameh Zaki tells <a href=\"https:\/\/bit.ly\/2BNWHIS\">Al Mal<\/a>. The government has tasked the Federation of Egyptian Chambers of Commerce with running a survey among retailers and eatery owners to gauge their opinions on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1bb3ec4e-133c-4cf4-a351-b54b300e282f\">plans to permanently impose<\/a> a closing time of 9pm for shops and malls, and 10pm for restaurants and coffee shops, according to Zaki. Retailers are reportedly happy closing their doors anytime between 7pm and 9pm.<\/p><p><strong>Masks will be made available to citizens with ration cards starting this month<\/strong>, with the Trade Ministry aiming to distribute 19 mn masks by the end of July, according to a <a href=\"https:\/\/bit.ly\/2NFAM9g\">statement<\/a>. Each ration card holder will be entitled to two masks per month.<\/p><p><strong>Vezeeta announces health awareness partnership with MSD Egypt:<\/strong> Digital healthcare startup <a href=\"https:\/\/www.vezeeta.com\/en\">Vezeeta<\/a> is partnering with <a href=\"https:\/\/www.msd-egypt.com\/about_us\/\">MSD Egypt<\/a> to run a series of nationwide health awareness campaigns targeting doctors and patients using digital tools, it announced in <a href=\"https:\/\/ent.news\/2020\/6\/MSD_Vezeeta_PRL_June-30_ENG-1.pdf\">a press release (pdf)<\/a>. The initiative will provide doctors and patients with accurate medical information and scientific updates from MSD using Vezeeta\u2019s platform and digital channels in Egypt.<\/p><p><strong>Prime Minister Moustafa Madbouly\u2019s media advisor, Hany Younes, has recovered from <\/strong><strong>covid-19<\/strong> following two weeks spent quarantining at home, he said in <a href=\"https:\/\/bit.ly\/2BWzynr\">a statement<\/a>.<\/p><p><strong>DONATIONS-<\/strong><\/p><p><strong>Huawei has donated 10k masks to Egypt\u2019s National Press Authority<\/strong> to distribute among local media offices, according to a <a href=\"https:\/\/bit.ly\/2YKvnUK\">statement<\/a>.<\/p><p class=\"web-image stand-out-borderless\"><a href=\"https:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/SOMA-ENTERPRISE-3-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>ON THE GLOBAL FRONT-<\/strong><\/p><p><strong>The US could soon see 100k new covid cases a day, <\/strong>White House coronavirus advisor Anthony Fauci warned yesterday. The news is <a href=\"https:\/\/www.ft.com\/content\/5d017675-9d61-4592-beea-1d47621ec68b\">front page<\/a> on both sides of the Atlantic this morning.<\/p><p><strong>The UK economy suffered a deeper contraction than first thought<\/strong>, falling 2.2% in 1Q2020 in the biggest drop since 1979, <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-britain-economy\/uk-economy-shows-biggest-drop-in-40-years-in-early-2020-idUSKBN2410QS\">revised figures showed yesterday<\/a>. The official statistics agency originally estimated that GDP fell 2%.<\/p><p><strong>US bankruptcy filings surged to a seven-year high <\/strong>as more than Over 3.4k companies filed for Chapter 11 protection under US law between the start of the year and 24 June, reports the <a href=\"https:\/\/www.ft.com\/content\/1591221c-d5c5-45bd-a0bc-e7cbed2144df\">Financial Times<\/a>. This is the highest number since 2013, in comparative terms, and teeters very close to the 3,491 filings during the full first half of the 2008 crisis year. Among those filing were Canada\u2019s <a href=\"https:\/\/www.reuters.com\/article\/us-cirque-du-soleil-bankruptcy\/cirque-du-soleil-files-for-bankruptcy-protection-as-covid-19-cancels-shows-idUSKBN2402MO\">Cirque du Soleil<\/a>, car rental giant <a href=\"https:\/\/www.cnbc.com\/2020\/06\/15\/hertz-says-it-expects-stockholders-to-lose-all-their-money-in-filing-for-selling-more-stock.html\">Hertz<\/a> and shale drilling pioneer <a href=\"https:\/\/www.theguardian.com\/environment\/2020\/jun\/29\/chesapeake-energy-fracking-pioneer-files-for-bankruptcy-owing-9bn\">Chesapeake Energy<\/a>.<\/p><p><strong>Shell running massive asset impairment test:<\/strong> Royal Dutch Shell could slash by up to USD 22 bn the value of oil and gas assets it believes have been impaired by the pandemic\u2019s blow to energy demand, <a href=\"https:\/\/www.reuters.com\/article\/us-shell-outlook\/shell-to-write-down-as-much-as-22-billion-in-wake-of-coronavirus-idUSKBN2410OQ\">Reuters reports<\/a>. Plans to write down the value came after the fuel giant cut its forecast for energy prices through 2023 as it expects a slow recovery post-covid.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/Zuckerberg-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>AND THE REST OF THE WORLD-<\/strong><\/p><p><strong>Adidas, Reebok, Clorox, Conagra, Denny's and Ford have joined the ranks of big <\/strong><strong>businesses boycotting Facebook advertising<\/strong> after Founder Mark Zuckerberg\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/dcefeb8c-dfce-4a69-a3a6-6f48f6f5c240\">attempts to spread oil on troubled waters<\/a> did little to satiate the #StopHateForProfit campaign, according to <a href=\"https:\/\/www.cbsnews.com\/news\/companies-boycotting-facebook-ads-why-different-than-other-boycott\/\">CBS News<\/a>. So far, over 100 brands have pledged to boycott the Facebook (and, in many cases, other social media platforms), causing Facebook\u2019s shares to drop more than 8% last week. Also on the <a href=\"https:\/\/edition.cnn.com\/2020\/06\/28\/business\/facebook-ad-boycott-list\/index.html\">full list of known boycotters<\/a>: Starbucks, Levi\u2019s, Hersheys, Unilever, Coca-Cola, and Verizon.<\/p><p><strong>Microsoft also pulled its Facebook ads, but said the decision was unrelated to the <\/strong><strong>campaign<\/strong>, according to <a href=\"https:\/\/www.axios.com\/scoop-microsoft-has-been-pausing-spending-on-facebook-instagram-9fca2ee3-acd3-4b78-90c2-ed96846394e3.html\">Axios<\/a>. Microsoft suspended ads in May after seeing them come up next to inappropriate content such as hate speech and terrorist content. The news comes days after the tech giant said it was <a href=\"https:\/\/www.theverge.com\/2020\/6\/26\/21297400\/microsoft-retail-stores-closing-cities-open\">permanently closing its retail<\/a><a href=\"https:\/\/www.theverge.com\/2020\/6\/26\/21297400\/microsoft-retail-stores-closing-cities-open\">stores<\/a>.<\/p><p><strong>Almost a third of the world\u2019s biggest brands might suspend spending on social media<\/strong>, according to a survey by The World Federation of Advertisers (WFA), reports <a href=\"https:\/\/www.ft.com\/content\/aa723316-67e6-41a3-9f37-e9c6b8855edb\">The Financial Times<\/a>. <strong>Don\u2019t give them too much credit, though: <\/strong>It\u2019s an easy way to turn budget cuts into an easy \u201cearned PR win.\u201d<\/p><hr class=\"grey-line\"><p><strong>China approved its controversial national security law for Hong Kong yesterday,<\/strong> which will require the city to form a security committee responsible that answers to the government in the mainland, the <a href=\"https:\/\/apnews.com\/b50a256d97b7199ea2e8b0530c24eabe\">Associated Press<\/a> reports. <strong>The move threatens the city\u2019s status as Asia\u2019s financial capital<\/strong>, <a href=\"https:\/\/www.ft.com\/content\/a74d9bbd-83b1-47ac-86ee-3102d19e54ff\">the FT\u2019s James Kynge writes<\/a>.<\/p><p><strong>Uber is finalizing talks to acquire food delivery start-up Postmates,<\/strong> as the latter is ramping up preparations for an IPO. The ride-hailing giant was looking to acquire delivery rival Grubhub, but Europe\u2019s Just Eat takeaway beat it to the punch weeks ago, the <a href=\"https:\/\/www.ft.com\/content\/eb600f18-acfa-4def-9fde-2135bf904b8a\">Financial Times<\/a> reports.<\/p><p><strong>India could join 5G boycott of Huawei:<\/strong> India could block Chinese tech giant Huawei from getting involved in the rollout of 5G infrastructure, only months after giving it the green light to participate in trials, <a href=\"https:\/\/www.cnbc.com\/2020\/06\/30\/india-reportedly-weighs-5g-ban-on-huawei-amid-tensions-with-china.html\">CNBC reports<\/a>. The news comes amid increasing tensions between the two Asian powers: military skirmishes on the contested border have become increasingly frequent this year while Delhi <a href=\"https:\/\/www.cnbc.com\/2020\/06\/29\/india-bans-tiktok-and-dozens-of-other-chinese-apps-over-security-concerns.html\">announced on Monday<\/a> that it would ban almost 60 Chinese apps including TikTok on grounds of national security.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/Web-view-01.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> Enterprise\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, urban development and as well as social infrastructure such as health and education.<\/p><p><strong>In today\u2019s issue: <\/strong>Despite all that\u2019s happening with covid-19 (or maybe in spite of it), 2020 is the year Egypt will begin issuing its first green bonds. On deck first: Our friends at CIB. In conversations with CIB and the Finance Ministry, we explore details of the issuance, and how they might work during the covid-19 crisis. We also look at how the government plans to push ahead with its own green bond issuance and how the instruments might be the harbinger of further debt diversification.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptair\/\">EgyptAir<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/healthcare\/\">healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hong-kong\/\">Hong Kong<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pharma\/\">pharma<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/science\/\">science<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vezeeta\/\">Vezeeta<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        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alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" 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   \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\/07\/01\/egypts-talk-shows-30-june-revolution-anniversary-gerd-talks-resuming-flights\/\">\r\n                            Egypt\u2019s talk shows: 30 June revolution anniversary + GERD talks + resuming flights                        <\/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 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/egypts-talk-shows-30-june-revolution-anniversary-gerd-talks-resuming-flights\/&title=Egypt\u2019s talk shows: 30 June revolution anniversary + GERD talks + resuming flights\">\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+talk+shows%3A+30+June+revolution+anniversary+%2B+GERD+talks+%2B+resuming+flights+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F01%2Fegypts-talk-shows-30-june-revolution-anniversary-gerd-talks-resuming-flights%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\/07\/01\/egypts-talk-shows-30-june-revolution-anniversary-gerd-talks-resuming-flights\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572612\" class=\"content-area-description single-story post-572612 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-aviation tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-ethiopia tag-khaled-el-anany tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The talking heads divided their attention last night between the anniversary of the 30 <\/strong><strong>June revolution and the ongoing talks on the Grand Ethiopian Renaissance Dam.<\/strong> Yahduth fi Misr\u2019s Sherif Amer had a chat with political pundit Abdel Moneim Said about how Egypt\u2019s government has been faring over the seven years since the revolution (<a href=\"https:\/\/www.youtube.com\/watch?v=bU3KRQQCxIg\">watch, runtime: 2:56<\/a>). \u2018Ala Mas\u2019ouleety\u2019s Ahmed Moussa had a lengthy segment reminiscing about the ouster of the Ikhwan (<a href=\"https:\/\/www.youtube.com\/watch?v=HIItJhSz7Is\">watch, runtime: 43:04<\/a>).<\/p>\n<p><strong>Shoukry on the UN Security Council\u2019s GERD talks:<\/strong> Foreign Minister Sameh Shoukry had a chat with Masaa DMC\u2019s Ramy Radwan to recap Monday\u2019s UN Security Council meeting on the Grand Ethiopian Renaissance Dam, which Egypt took as a chance to clearly present its vision for talks. The minister noted that members of the council are deliberating a draft resolution Egypt put forth on the talks that would give international impetus to reach an agreement (<a href=\"https:\/\/www.youtube.com\/watch?v=cxOixmv-wrE\">watch, runtime: 9:50<\/a>).<\/p>\n<p><strong>The Ethiopian press isn\u2019t exactly full of praise for Egypt\u2019s move to take the issue to the <\/strong><strong>Security Council<\/strong> and is calling on the UN to refrain from intervening in the matter and instead leave it to the African Union, Ahmed Moussa noted (<a href=\"https:\/\/www.youtube.com\/watch?v=LGBMeMVzaOk\">watch, runtime: 7:52<\/a>). <strong>Saudi Arabia offered Egypt support<\/strong>, reaffirming in a statement that Egypt and Sudan\u2019s water security are part and parcel of the Arab world\u2019s national security, Moussa noted (<a href=\"https:\/\/www.youtube.com\/watch?v=9TdRfT0Pf2A&t=46s\">watch, runtime: 1:57<\/a>).<\/p>\n<p><strong>Two tourist flights are expected to land in Egypt this morning as we reopen our <\/strong><strong>international airspace<\/strong>, Tourism Minister Khaled El Enany told Yahduth fi Misr\u2019s Sherif Amer, who also had a chat with EgyptAir CEO Roshdy Zakaria about the national flag carrier\u2019s resumption of international commercial flights (<a href=\"https:\/\/www.youtube.com\/watch?v=OJfQ58NDZ9Y\">watch, runtime: 2:46<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=u2VuUldtf90\">runtime: 4:35<\/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\/aviation\/\">aviation<\/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\/khaled-el-anany\/\">Khaled El Anany<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"572613\" 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=\"572613\">\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\/07\/01\/egypt-discovers-gold-deposit-in-the-eastern-desert\/\">\r\n                            Egypt discovers gold deposit in the Eastern Desert                        <\/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\/07\/01\/egypt-discovers-gold-deposit-in-the-eastern-desert\/\" 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\/07\/01\/egypt-discovers-gold-deposit-in-the-eastern-desert\/')\">\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\/07\/01\/egypt-discovers-gold-deposit-in-the-eastern-desert\/\">\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 discovers gold deposit in the Eastern Desert&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/egypt-discovers-gold-deposit-in-the-eastern-desert\/\">\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\/07\/01\/egypt-discovers-gold-deposit-in-the-eastern-desert\/&title=Egypt discovers gold deposit in the Eastern Desert\">\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+discovers+gold+deposit+in+the+Eastern+Desert+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F01%2Fegypt-discovers-gold-deposit-in-the-eastern-desert%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\/07\/01\/egypt-discovers-gold-deposit-in-the-eastern-desert\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/3.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"572614\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/egypt-discovers-gold-deposit-in-the-eastern-desert\/3-jpg-21\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/3.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"3.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/3.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/3.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572613\" class=\"content-area-description single-story post-572613 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-enterpriseam tag-legislation tag-mining tag-oil-ministry tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>A gold deposit estimated to hold over 1 mn ounces was discovered in the Eastern <\/strong><strong>Desert\u2019s Iqat region<\/strong>, the Oil Ministry said in <a href=\"https:\/\/bit.ly\/3ggrWvb\">a statement<\/a>. The deposit, which also contains other minerals, is located in state-owned Shalateen Mining Company\u2019s concession area. The area could see investments of more than USD 1 bn over the next 10 years to develop the deposit.<\/p>\n<p><strong>Shalateen will set up a JV with the Egyptian Mineral Resources Authority to mine the area<\/strong>, the statement notes. This will make the JV the third gold mine operator in Egypt alongside the government\u2019s partnership with Centamin to operate the Sukkari gold mine and the Hamash Company, a JV between the state and Cyprus\u2019 Matz Holding. Reuters also <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N2E71QL\">noted the find<\/a>.<\/p>\n<p><strong>This comes amid an ongoing international exploration tender:<\/strong> EMRA kicked off the country\u2019s first international bid round for gold and mineral exploration in March and will accept bids <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f8277dca-d505-47aa-b956-7547aa5ba29a\">until 15 September<\/a> for a 56k sqkm exploration area in the Eastern Desert, close to where the discovery announced yesterday was made.<\/p>\n<p><strong>The bid round is the first time the industry tests the <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3c6e281f-e87a-4b3a-8734-fd8eb3f67872\">investor-friendly amendments to the Mineral Resources Act<\/a><\/strong> which scrapped production sharing agreements in favor of a more attractive tax, rent, and royalty model.<\/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\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mining\/\">mining<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-ministry\/\">Oil Ministry<\/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=\"572624\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"572625\" 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=\"572625\">\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\/07\/01\/the-next-18-months-what-risks-lie-in-store-for-us\/\">\r\n                            The next 18 months \u2014 what risks lie in store for us?                        <\/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\/07\/01\/the-next-18-months-what-risks-lie-in-store-for-us\/\" 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\/07\/01\/the-next-18-months-what-risks-lie-in-store-for-us\/')\">\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\/07\/01\/the-next-18-months-what-risks-lie-in-store-for-us\/\">\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 next 18 months \u2014 what risks lie in store for us?&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/the-next-18-months-what-risks-lie-in-store-for-us\/\">\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\/07\/01\/the-next-18-months-what-risks-lie-in-store-for-us\/&title=The next 18 months \u2014 what risks lie in store for us?\">\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+next+18+months+%E2%80%94+what+risks+lie+in+store+for+us%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F01%2Fthe-next-18-months-what-risks-lie-in-store-for-us%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\/07\/01\/the-next-18-months-what-risks-lie-in-store-for-us\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/5.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"572626\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/the-next-18-months-what-risks-lie-in-store-for-us\/5-jpg-27\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/5.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"5.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/5.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/5.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572625\" class=\"content-area-description single-story post-572625 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-economy tag-enterpriseam tag-fdi tag-image-of-the-day tag-world-economic-forum 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-06\"><\/a> <strong>What risks lie in store for us over the next 18 months?<\/strong> A World Economic Forum survey of 347 senior risk analysts on which of the many threats presented by covid-19 are most likely to lead to global disruption has been turned into a digestible (if depressing) infographic by the good people at <a href=\"https:\/\/www.visualcapitalist.com\/whats-at-risk-an-18-month-view-of-a-post-covid-world\/\">Visual Capitalist<\/a>.<\/p>\n<p><strong>The bad news?<\/strong> There\u2019s a high chance of substantial economic fallout \u2014 surprise, surprise \u2014 with the likelihood of a prolonged global recession topping all other risks at a whopping 68.6%. There\u2019s also a pretty high risk of emerging market collapse, at 38%.<\/p>\n<p><strong>The better news?<\/strong> The risk of lower Foreign Direct Investment (FDI) remains well below other potential economic risks, at 17.9%, and the likelihood of higher anti-business sentiment is a comparatively miniscule 3.2%. This means a glimmer of hope \u2014 at least for Egypt \u2014 when it comes to economic recovery from the pandemic.<\/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\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fdi\/\">FDI<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-economic-forum\/\">World Economic Forum<\/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=\"572627\" 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=\"572627\">\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\/07\/01\/egypt-in-the-news-on-1-july-2020\/\">\r\n                            Egypt in the News on 1 July 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\/07\/01\/egypt-in-the-news-on-1-july-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\/07\/01\/egypt-in-the-news-on-1-july-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\/07\/01\/egypt-in-the-news-on-1-july-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 1 July 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/egypt-in-the-news-on-1-july-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\/07\/01\/egypt-in-the-news-on-1-july-2020\/&title=Egypt in the News on 1 July 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+1+July+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F01%2Fegypt-in-the-news-on-1-july-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\/07\/01\/egypt-in-the-news-on-1-july-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572627\" class=\"content-area-description single-story post-572627 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-committee-to-protect-journalists tag-covid-19 tag-egypt-in-the-news tag-electronic-frontier-foundation tag-enterpriseam tag-human-rights tag-journalism tag-pandemic wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s a slow news day for Egypt in the international press<\/strong>, with the only stories of note being the <a href=\"https:\/\/www.wsj.com\/articles\/egypt-is-arresting-doctors-raising-alarms-over-coronavirus-approach-11593533638?mod=hp_listb_pos2\">WSJ<\/a> reviving the story of the arrest of healthcare workers accused of criticizing the government\u2019s response to covid-19 and a push by the <a href=\"https:\/\/cpj.org\/2020\/06\/at-least-4-egyptian-journalists-remain-in-detention-since-arrests-in-march-and-april\/\">Committee to Protect Journalists<\/a> and the <a href=\"https:\/\/www.eff.org\/deeplinks\/2020\/06\/egypts-crackdown-free-expression-will-cost-lives\">Electronic Frontier Foundation<\/a> to draw attention to the arrests of four journalists during the pandemic.<\/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\/committee-to-protect-journalists\/\">Committee to Protect Journalists<\/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\/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\/electronic-frontier-foundation\/\">Electronic Frontier Foundation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/journalism\/\">journalism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pandemic\/\">pandemic<\/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=\"572628\" 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=\"572628\">\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\">Worth Listening<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/how-trella-is-bringing-efficiency-to-the-trucking-industry\/\">\r\n                            How Trella is bringing efficiency to the trucking industry                        <\/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\/07\/01\/how-trella-is-bringing-efficiency-to-the-trucking-industry\/\" 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\/07\/01\/how-trella-is-bringing-efficiency-to-the-trucking-industry\/')\">\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\/07\/01\/how-trella-is-bringing-efficiency-to-the-trucking-industry\/\">\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=How Trella is bringing efficiency to the trucking industry&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/how-trella-is-bringing-efficiency-to-the-trucking-industry\/\">\n                    X                   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  <!-- <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\/07\/01\/how-trella-is-bringing-efficiency-to-the-trucking-industry\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/6.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"572629\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/how-trella-is-bringing-efficiency-to-the-trucking-industry\/6-jpg-19\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/6.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"6.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/6.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/6.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572628\" class=\"content-area-description single-story post-572628 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-listening tag-enterpriseam tag-logistics tag-making-it tag-omar-hagrass tag-trella tag-worth-listening wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>How Trella is bringing efficiency to the trucking industry:<\/strong> Trella co-founder and CEO Omar Hagrass managed to streamline an industry as fragmented as trucking by connecting shippers and carriers directly through a booking system resembling ride-hailing services, and in the process doing away with middlemen. As covid-19 hit and supply chain disruptions became the norm, Trella\u2019s services became essential to lessen time consumption and inefficiency.<\/p>\n<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\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/making-it\/\">Making It<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/omar-hagrass\/\">Omar Hagrass<\/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\/worth-listening\/\">WORTH LISTENING<\/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=\"572630\" 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=\"572630\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/egypts-decision-to-take-gerd-dispute-to-the-un-security-council-wasnt-meant-to-escalate-tensions-shoukry-says\/\">\r\n                            Egypt\u2019s decision to take GERD dispute to the UN Security Council wasn\u2019t meant to escalate tensions, Shoukry says                        <\/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\/07\/01\/egypts-decision-to-take-gerd-dispute-to-the-un-security-council-wasnt-meant-to-escalate-tensions-shoukry-says\/\" 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\/07\/01\/egypts-decision-to-take-gerd-dispute-to-the-un-security-council-wasnt-meant-to-escalate-tensions-shoukry-says\/')\">\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\/07\/01\/egypts-decision-to-take-gerd-dispute-to-the-un-security-council-wasnt-meant-to-escalate-tensions-shoukry-says\/\">\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 decision to take GERD dispute to the UN Security Council wasn\u2019t meant to escalate tensions, Shoukry says&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/egypts-decision-to-take-gerd-dispute-to-the-un-security-council-wasnt-meant-to-escalate-tensions-shoukry-says\/\">\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\/07\/01\/egypts-decision-to-take-gerd-dispute-to-the-un-security-council-wasnt-meant-to-escalate-tensions-shoukry-says\/&title=Egypt\u2019s decision to take GERD dispute to the UN Security Council wasn\u2019t meant to escalate tensions, Shoukry says\">\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+decision+to+take+GERD+dispute+to+the+UN+Security+Council+wasn%E2%80%99t+meant+to+escalate+tensions%2C+Shoukry+says+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F01%2Fegypts-decision-to-take-gerd-dispute-to-the-un-security-council-wasnt-meant-to-escalate-tensions-shoukry-says%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\/07\/01\/egypts-decision-to-take-gerd-dispute-to-the-un-security-council-wasnt-meant-to-escalate-tensions-shoukry-says\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572630\" class=\"content-area-description single-story post-572630 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam tag-ethiopia tag-gerd tag-sameh-shoukry tag-sudan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt\u2019s decision to take the Grand Ethiopian Renaissance Dam (GERD) dispute to the UN<\/strong><strong> Security Council was not meant to escalate tensions<\/strong>, and is actually in everybody\u2019s favor as an international body whose sole mandate is to preserve peace and security, Foreign Minister Sameh Shoukry told Sky News Arabia yesterday (<a href=\"https:\/\/bit.ly\/3dOamwS\">watch, runtime: 20:31<\/a>). The minister also said that Ethiopia had withheld information on its blueprint for the dam \u2014 which could pose a serious threat to Sudan if the structure fails. Shoukry also told <a href=\"https:\/\/bit.ly\/2BVICJg\">Al Arabiya<\/a> that the three countries are broadly in agreement on the timeline of filling the dam\u2019s reservoir.<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/sameh-shoukry\/\">Sameh Shoukry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/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=\"572634\" 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=\"572634\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/the-market-yesterday-120\/\">\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\/07\/01\/the-market-yesterday-120\/\" 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\/07\/01\/the-market-yesterday-120\/')\">\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\/07\/01\/the-market-yesterday-120\/\">\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\/07\/01\/the-market-yesterday-120\/\">\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\/07\/01\/the-market-yesterday-120\/&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%2F07%2F01%2Fthe-market-yesterday-120%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\/07\/01\/the-market-yesterday-120\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572634\" class=\"content-area-description single-story post-572634 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 16.09 | Sell 16.19<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 16.09 | Sell 16.19<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 16.07 | Sell 16.17<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 10,765 (+0.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.1 bn (35% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -22.9%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session up 0.1%. CIB, the index\u2019s heaviest constituent, ended down 0.7%. EGX30\u2019s top performing constituents were Porto Group up 6.1%, SODIC up 3.5%, and Credit Agricole up 3.0%. Yesterday\u2019s worst performing stocks were Dice down 1.9%, EKHO down 1.1% and CIB down 0.7%. 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 -120.1 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -20.5 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +140.5 mn<\/p>\n<p><strong>Retail<\/strong>: 64.0% of total trades | 62.1% of buyers | 65.9% of sellers<br \/>\n <strong>Institutions<\/strong>: 36.0% of total trades | 37.9% of buyers | 34.1% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 39.27 (-1.08%)<br \/>\n <strong>Brent:<\/strong> USD 41.15 (-1.34%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.75 MMBtu, (+2.46%, August 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,800.50 \/ troy ounce (+1.08%)<\/p>\n<p><strong>TASI:<\/strong> 7,224.09 (-0.87%) (YTD: -13.89%)<br \/>\n <strong>ADX:<\/strong> 4,285.80 (+0.24%) (YTD: -15.56%)<br \/>\n <strong>DFM:<\/strong> 2,065.28 (-0.74%) (YTD: -25.30%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,607.07 (-0.24%)<br \/>\n <strong>QE:<\/strong> 8,998.56 (-0.59%) (YTD: -13.69%)<br \/>\n <strong>MSM:<\/strong> 3,516.00 (-0.13%) (YTD: -11.68%)<br \/>\n <strong>BB: <\/strong>1,277.61 (-0.01%) (YTD: -20.65%)<\/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\/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=\"572635\" 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\/07\/01\/572635\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-572635\" class=\"content-area-description single-story post-572635 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>1 July (Wednesday): Official reopening of Egypt\u2019s airspace to inbound and outbound international flights.<\/p>\n<p>2 July (Thursday): Anniversary of the 30 June 2013 Revolution, national holiday.<\/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>6 October (Tuesday): Armed Forces Day, national holiday.<\/p>\n<p>23-31 October (Friday-Saturday): Updated dates for <a href=\"http:\/\/elgounafilmfestival.com\/\">El Gouna Film Festival<\/a>, El Gouna, Egypt.<\/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\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":572609,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-572608","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"270132b7-73d6-41c1-b505-f3847107fe7a","teaser":"","photo_url":"https:\/\/ent.news\/2020\/7\/2.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>International flights resume today \u2014 the perfect note on which to start our long weekend - 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