{"id":573039,"date":"2020-07-19T04:07:31","date_gmt":"2020-07-19T04:07:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=573039"},"modified":"2025-12-16T08:55:23","modified_gmt":"2025-12-16T08:55:23","slug":"egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/","title":{"rendered":"Egypt lands USD 6.1 bn from Afreximbank, European Investment Bank"},"content":{"rendered":"<section id=\"573041\" 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=\"573041\">\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\/19\/what-were-tracking-on-19-july-2020\/\">\r\n                            What we\u2019re tracking on 19 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\/19\/what-were-tracking-on-19-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\/19\/what-were-tracking-on-19-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\/19\/what-were-tracking-on-19-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=What we\u2019re tracking on 19 July 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/what-were-tracking-on-19-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\/19\/what-were-tracking-on-19-july-2020\/&title=What we\u2019re tracking on 19 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=What+we%E2%80%99re+tracking+on+19+July+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Fwhat-were-tracking-on-19-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\/19\/what-were-tracking-on-19-july-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573041\" class=\"content-area-description single-story post-573041 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-banking-and-central-bank-act tag-covid-19 tag-enterpriseam tag-health-ministry tag-house-of-representatives tag-legislation tag-pandemic tag-public-enterprises-act tag-world-health-organization wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>Good morning, friends, and welcome to a holiday-shortened week<\/strong> as we all look forward to a day off on Thursday in observance of the 23 July Revolution. Two things are making us smile this morning:<\/p><p><strong>SMILE #1- Cairo-based product designer and architect <\/strong><strong><a href=\"https:\/\/www.herox.com\/crowdsourcing-community\/youssefghali-180501\/about\">Youssef Ghali<\/a><\/strong><strong> has won a NASA <\/strong><strong>challenge to design a Venus rover <\/strong>that could beat the Soviet Union\u2019s record of surviving a little over two hours on the incredibly inhospitable planet, NASA\u2019s <a href=\"https:\/\/www.nasa.gov\/feature\/jpl\/nasas-venus-rover-challenge-winners-announced\/\">Jet Propulsion Laboratory announced<\/a>. You can check out his very cool Youtube video here (<a href=\"https:\/\/www.youtube.com\/watch?v=lHNq7KklkB4\">watch, runtime: 3:33<\/a>) or go catch coverage in <a href=\"https:\/\/www.syfy.com\/syfywire\/winners-of-nasas-venus-rover-design-contest\">Syfy<\/a> and <a href=\"https:\/\/www.engadget.com\/nasa-venus-rover-design-competition-winners-131500222.html\">Engadget<\/a>. All of the winners are here on the challenge page: <a href=\"https:\/\/www.herox.com\/VenusRover\/128-meet-the-winners\">Exploring Hell: Avoiding obstacles on a clockwork rover<\/a>.<\/p><p><strong>SMILE #2- We are delighted and honoured to announce that our friends at SODIC have <\/strong><strong>re-upped as pillar supporters of Enterprise. <\/strong>SODIC has been with us since our very first summer and have renewed their three-year advertising contract as our exclusive real estate development partners \u2014 and we couldn\u2019t be happier. SODIC\u2019s support, alongside that of Pharos Holding, CIB and Somabay, ensure that we\u2019re able to keep bringing you your morning briefing without charge. SODIC had anchored our Speed Round section since 2015 and now moves to the head of the issue along with Pharos and CIB for the coming three years. Thank you, friends, for your support.<\/p><hr class=\"grey-line\"><p><strong>The House of Representatives gives no sign of wanting to go on recess this summer<\/strong>, with MPs set to give their final approval to no less than nine bills today and tomorrow, according to <a href=\"https:\/\/bit.ly\/3jfmATb\">Al Shorouk<\/a>. Among the bills business-relevant bills expected to come up: the <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4a90c348-e89b-47d3-ad0f-c47a4c4dfbd1\">1% corona tax<\/a><\/strong> on employee wages, the <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d8ff7c31-d68b-4d6c-8c97-b7a2992128a2\">Banking and Central Bank Act<\/a><\/strong> (with its 1% tithe on industry profits), and amendments to the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d728f3a7-1c89-4081-82a9-554adbe7d2a3\">Public Enterprises Act<\/a>. The House of Representatives will also discuss today extending Egypt\u2019s joint electricity grid with Libya across North Africa to Tunisia, Algeria and Mauritania, the <a href=\"https:\/\/alborsaanews.com\/2020\/07\/18\/1367515\">local press<\/a> reports. Deputy House Speaker Soliman Wahdan had threatened MPs back in June that their packed agenda and the coming elections for the Senate <a href=\"https:\/\/www.dostor.org\/3108263\">could mean MPs don\u2019t get a break<\/a> this summer.<\/p><p><strong>State-run K-12 schools will be back in session on 17 October<\/strong>, the Education Ministry said <a href=\"https:\/\/bit.ly\/3hc1Ae2\">in<\/a><a href=\"https:\/\/bit.ly\/3hc1Ae2\">a statement<\/a>, meaning public-school students have just been handed one of the longest summers they\u2019ve ever had. The first term will end on 6 February, followed by a 15-day mid-year break, and the school year will wrap on 24 June 2021. The ministry still hasn\u2019t decided the shape learning will take, but schools are likely to see some form of \u201cblended learning\u201d come fall. Public schools usually open somewhere around the third week of September.<\/p><p><strong>Kids at private schools shouldn\u2019t hold their breath hoping for a long break: <\/strong>We\u2019re aware of three top private schools that have told parents they are sticking to their planned opening dates, with one due to head back as early as mid-August. <strong>And there\u2019s been no word on when classes will resume at universities.<\/strong><\/p><p><strong>Prepare to be flooded with billboard ads of Senate candidates: <\/strong>The National Elections Authority has published <a href=\"https:\/\/bit.ly\/3hc7PP0\">campaigning rules<\/a> for candidates running for the newly reconstituted upper house of parliament as we get ready to head to the polls on 11-12 August.<\/p><p><strong>COVID-19 IN EGYPT-<\/strong><\/p><p><strong>GOOD NEWS- New cases in Egypt have reached a new two-month low.<\/strong> The Health Ministry <a href=\"https:\/\/bit.ly\/3jmlzca\">yesterday reported<\/a> 698 new infections \u2014 <strong>the lowest single-day toll since 19 May<\/strong> when 720 new confirmed cases were reported. Egypt has now reported a total of 87,172 confirmed cases of covid-19. The ministry also confirmed <strong>63 new deaths<\/strong> from covid-19 yesterday, bringing the country\u2019s total death toll to 4,251. We now have a total of 27,868 cases who have fully recovered.<\/p><p><strong>Prominent figures in the tourism industry are calling on the CBE to rethink its <\/strong><strong><a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/16\/cbe-confirms-egp-50-bn-tourism-support-program-8498\/\">tourism<\/a><\/strong><strong><a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/16\/cbe-confirms-egp-50-bn-tourism-support-program-8498\/\">support program<\/a><\/strong><strong>.<\/strong> The EGP 50 bn initiative, which hands out soft loans to support companies in the sector, requires recipients to allocate 85% of the funding they receive to paying salaries and wages and the remaining 15% to funding other operating expenses. Some in the industry are asking the central bank to allow them more flexibility with how they spend the money, complaining that 15% is insufficient to cover maintenance and utilities and is preventing many companies from reopening, <a href=\"https:\/\/bit.ly\/3eEQz3d\">Al Shorouk<\/a> reports.<\/p><p><strong>Egyptian tour operators and others in the sector are struggling to collect USD 1 bn in <\/strong><strong>receivables<\/strong> from offshore travel companies, according to estimates by the Federation of Tourism Chambers, <a href=\"https:\/\/bit.ly\/3eHGfHN\">Al Shorouk<\/a> reports.<\/p><p><strong>Some 3k companies<\/strong><strong> are caught up in the unprecedented crisis<\/strong>, which deepened for many in the industry after Saudi Arabia took the unprecedented step of cancelling the Umrah and Hajj pilgrimage trips, according to a report by the <a href=\"https:\/\/bit.ly\/2ODOcTO\">International Air Transport Association<\/a>.<\/p><p><strong>Meanwhile, some 31 hotels across six governorates <\/strong><strong><a href=\"https:\/\/bit.ly\/32vgckC\">received health certificates<\/a><\/strong> last week that allow them to reopen their doors. The operators are in the Red Sea, South Sinai, Luxor, Greater Cairo, Matrouh and Suez governorates.<\/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\/7\/SOMA-ENTERPRISE-JULY1-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>ON THE GLOBAL FRONT-<\/strong><\/p><p><strong>WHO says uptick in cases, limited data in EastMed are cause for concern: <\/strong>The covid-19 pandemic in the Eastern Mediterranean region remains alarming \u2014 and unreliable data makes it hard to say just how bad things are, the World Health Organization (WHO) said <a href=\"http:\/\/www.emro.who.int\/media\/news\/whos-regional-director-on-the-evolving-covid-19-pandemic-in-the-region.html\">in a statement<\/a>. \u201cSaudi Arabia, Pakistan, Iran and Iraq [reported] almost 70% of all cases,\u201d it noted. Even with underreporting, deaths in the region are (outside of Egypt) on an upward trajectory, increasing by 13% last week alone. The total case tally jumped by nearly 10% in the same period, the statement notes added.<\/p><p><strong>G20 finance officials vow more support for global economy\u2026 <\/strong>G20 finance ministers and central bankers pledged to keep deploying \u201call available policy tools\u201d to support the global economy against the coronavirus pandemic, <a href=\"https:\/\/www.reuters.com\/article\/us-g20-saudi\/g20-officials-pledge-to-keep-cooperating-to-bolster-global-economy-idUSKCN24J0QB\">Reuters<\/a> reports. In a statement following a virtual meeting yesterday, the officials said that the world would recover from the economic shock as countries reopened but said more support was needed to protect jobs, ensure financial stability and hedge against further risks caused by the virus.<\/p><p><strong>\u2026but refused to extend the debt freeze for poorest countries into next year:<\/strong> The G20 have called on bilateral creditors to the world\u2019s poorest countries to freeze debt repayments for only the second half 2020, despite sources claiming strong support for extending it into next year, <a href=\"https:\/\/www.reuters.com\/article\/us-g20-debt\/g20-finance-officials-poised-to-recommend-extension-of-debt-freeze-idUSKCN24J0KX\">Reuters<\/a> said. The statement also didn\u2019t acknowledge calls for full debt cancellation for low-income countries, rather than the current \u201c<a href=\"https:\/\/www.oecd.org\/coronavirus\/policy-responses\/a-debt-standstill-for-the-poorest-countries-how-much-is-at-stake-462eabd8\/\">debt standstill<\/a>.\u201d Agreed by the G20 in April, the debt service suspension initiative has struggled to make an impact, with less than 60% of eligible countries showing interest and a failure by the private sector to participate.<\/p><p><strong>AND THE REST OF THE WORLD- <\/strong><\/p><p><strong>Facebook says goodbye to its biggest advertiser after Disney joins ad boycott.<\/strong> Disney has taken an axe to its advertising spending on Facebook, <a href=\"https:\/\/www.wsj.com\/articles\/disney-slashed-ad-spending-on-facebook-amid-growing-boycott-11595101729?mod=hp_lead_pos1\">the Wall Street Journal<\/a> reports, citing people familiar with the matter. Disney was Facebook\u2019s largest advertiser for the first six months of the year, making its decision a particularly large setback for the social media giant. Some of the world\u2019s largest companies \u2014 including Coca-Cola, Ford, Unilever and Starbucks \u2014 responded to calls for a boycott of Facebook earlier this month over its policies for handling hate speech and political content.<\/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\/banking-and-central-bank-act\/\">Banking and Central Bank Act<\/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\/health-ministry\/\">Health Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/public-enterprises-act\/\">Public Enterprises Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-health-organization\/\">World Health Organization<\/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=\"573042\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-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\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/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-okv3uxq\" data-v=\"4\" data-block-id=\"okv3uxq\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-okv3uxq-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-okv3uxq-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\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/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-x1y07um\" data-v=\"4\" data-block-id=\"x1y07um\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-x1y07um-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-x1y07um-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\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/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-vautjiy\" data-v=\"4\" data-block-id=\"vautjiy\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-vautjiy-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-vautjiy-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-ypxc5hw\" data-v=\"4\" data-block-id=\"ypxc5hw\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-ypxc5hw-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-ypxc5hw-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\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" 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\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573043\" 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=\"573043\">\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\/07\/19\/libyan-crisis-decline-in-covid-19-cases-top-stories-on-talks-shows\/\">\r\n                            Libyan crisis, decline in covid-19 cases top stories on talks shows                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/libyan-crisis-decline-in-covid-19-cases-top-stories-on-talks-shows\/\" 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\/19\/libyan-crisis-decline-in-covid-19-cases-top-stories-on-talks-shows\/')\">\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\/19\/libyan-crisis-decline-in-covid-19-cases-top-stories-on-talks-shows\/\">\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=Libyan crisis, decline in covid-19 cases top stories on talks shows&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/libyan-crisis-decline-in-covid-19-cases-top-stories-on-talks-shows\/\">\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\/19\/libyan-crisis-decline-in-covid-19-cases-top-stories-on-talks-shows\/&title=Libyan crisis, decline in covid-19 cases top stories on talks shows\">\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=Libyan+crisis%2C+decline+in+covid-19+cases+top+stories+on+talks+shows+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Flibyan-crisis-decline-in-covid-19-cases-top-stories-on-talks-shows%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/libyan-crisis-decline-in-covid-19-cases-top-stories-on-talks-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573043\" class=\"content-area-description single-story post-573043 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-astrazeneca tag-covid-19 tag-diplomacy tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-health-minister-hala-zayed tag-imf tag-kristalina-georgieva tag-libya tag-turkey wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The latest developments in Libya dominated the airwaves last night,<\/strong> with all of the nation\u2019s talking heads focused on the potential for Egyptian military intervention in the conflict. And the coronavirus was a topic of conversation for the first time in what seems like weeks, after daily cases continued to fall over the weekend, while Al Kahera Alaan\u2019s Lamees El Hadidi previewed her interview with IMF director Kristalina Georgieva.<\/p>\n<p><strong>Possible Egyptian intervention in Libya:<\/strong> Most of the talkshows dedicated segments to the Foreign Ministry\u2019s statement on Libya, which on Friday accused Turkey of exporting terrorism to Libya and rejected Ankara\u2019s involvement in the conflict. El Hekaya\u2019s Amr Adib seemed to enjoy the statement, describing it as \u201cpowerful\u201d <a href=\"https:\/\/www.youtube.com\/watch?v=mbW3eELQtkI\">(watch, runtime: 2:45)<\/a>. Adib also spoke with Khaled Al Mahjoub, the spokesman for the Tripoli operations room of the Egypt-backed Libyan National Army, who said that splitting Libya into two states is out of the question and claimed that Egypt\u2019s potential intervention has forced Turkey to reassess its position (<a href=\"https:\/\/www.youtube.com\/watch?v=W7BX6qGIJyM\">watch, runtime: 2:51)<\/a>.<\/p>\n<p><strong>Foreign Ministry spokesman Ahmed Hafiz told <\/strong><strong>Al Kahera Alaan\u2019s Lamees El Hadidi<\/strong> that Egypt\u2019s priority is stability and security for the Libyan people <a href=\"https:\/\/www.youtube.com\/watch?v=BAv8tPQ6xOk&t=202s\">(watch, runtime: 6:32)<\/a>, while Al Hadath\u2019s reporter in Washington said that the US is reluctant to interfere directly in the conflict due to its alliances with both Egypt and Turkey <a href=\"https:\/\/www.youtube.com\/watch?v=ywLWRgu54Vc\">(watch, runtime: 12:19)<\/a>. Masaa DMC\u2019s Eman El Hosary <a href=\"https:\/\/www.youtube.com\/watch?v=mYoTFYwKRWQ\">(watch, runtime: 20:36)<\/a> and Ala Mas\u2019ouleety\u2019s Ahmed Moussa also also covered the ministry\u2019s statement in their reports on Libya <a href=\"https:\/\/www.youtube.com\/watch?v=yrahII-FKlQ\">(watch, runtime: 2:34)<\/a>. We have detailed coverage of the latest out of Libya in this morning\u2019s Speed Round, below.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Covid-19 rate declines: <\/strong>Adib spoke with Health Minister Hala Zayed who confirmed that the number of infections and deaths has been decreasing for three consecutive weeks. Only 20% of the country\u2019s ventilators are being used, she said, adding that the doctors have administered over 2 mn treatments since the outbreak began in March. She said that hospitals are already administering Remdesivir and plasma treatments successfully, and that <strong>Egypt has booked 30 mn doses of a vaccine being developed by Oxford University<\/strong>'s Jenner Institute by bio-pharmaceutical company AstraZeneca, with an eye toward obtaining the license to manufacturer it for distribution across Africa <a href=\"https:\/\/www.youtube.com\/watch?v=xgzICr__gAA\">(watch, runtime: 25:07)<\/a>.<\/p>\n<p><strong>Georgieva gives us love \u2014 A preview:<\/strong> Lamees El Hadidi aired clips from her interview with IMF boss Kristalina Georgieva, who discussed Egypt\u2019s response to the pandemic and the weekend\u2019s G20 meeting. She commended Egypt on its swift policy response, saying that it dealt quickly with the covid-19 crisis and acted to protect its economy. She said that Egypt has implemented appropriate monetary policies for the USD 8 bn in emergency loans it has received from the IMF. <strong>The full interview with Georgieva will air tonight<\/strong> <a href=\"https:\/\/www.youtube.com\/watch?v=ihyIOoviq3k\">(watch, runtime: 8:43)<\/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\/astrazeneca\/\">AstraZeneca<\/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\/\">DIPLOMACY<\/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\/health-minister-hala-zayed\/\">Health Minister Hala Zayed<\/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\/kristalina-georgieva\/\">Kristalina Georgieva<\/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\/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=\"573044\" 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=\"573044\">\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\/19\/egypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank\/\">\r\n                            Egypt has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank                        <\/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\/19\/egypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank\/\" 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\/19\/egypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank\/')\">\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\/19\/egypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank\/\">\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 has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank\/\">\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\/19\/egypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank\/&title=Egypt has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank\">\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+has+landed+c.+USD+6.1+bn+in+loans+and+other+financing+from+Afreximbank%2C+European+Investment+Bank+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Fegypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank%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\/19\/egypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/141.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"573045\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank\/141-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/141.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"141.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/141.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/141.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573044\" class=\"content-area-description single-story post-573044 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-afreximbank tag-covid-19 tag-debt tag-enterpriseam tag-pandemic-trade-impact-mitigation-facility 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>DEBT WATCH- Egypt has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank.<\/strong> The African Export-Import Bank (Afreximbank) has earmarked USD 3.9 bn for Egypt to mitigate covid-19 fallout and stimulate trade with the rest of the continent. Afreximbank has disbursed USD 3.55 bn to Egypt\u2019s banking sector under its Pandemic Trade Impact Mitigation Facility (Patifma), the regional lender said in <a href=\"https:\/\/www.afreximbank.com\/egypt-afreximbank-disburses-3-55bn-to-cushion-impact-of-covid-19-300m-to-stimulate-intra-african-trade\/\">a statement<\/a>. Afreximbank has also signed off on a further USD 300 mn to the National Bank of Egypt to encourage intra-African trade, as well as a USD 250k grant to the government to support covid-19 relief efforts.<\/p>\n<p><strong>Proceeds provided to banks under Patifma will help shore up the sector\u2019s FX liquidity.<\/strong> Credit facilities under this program aim to prevent disruptions in trade and avert defaults, Afreximbank President Benedict Oramah said. \u201cEgypt has been a regional banking powerhouse for more than a century and will play a vital role in expanding intra-Africa trade as the continent recovers from the pandemic and reaps the benefits of the African Continental FreeTrade Area,\u201d he added.<\/p>\n<p><strong>Separately, we\u2019re getting EUR 1.9 bn from the European Investment Bank<\/strong> (EIB), which signed off last week on a combined EUR 1.9 bn in new financing, according to <a href=\"https:\/\/www.eib.org\/en\/press\/all\/2020-197-eib-approves-eur-16-6-billion-for-covid-19-health-response-and-economic-resilience-climate-clean-transport-energy-and-housing.htm\">a statement<\/a>. The funding includes EUR 800 mn for \u201ccovid-19 related business investment\u201d and another EUR 1.1 bn for public transport infrastructure development across the country, the statement says. The pandemic-related investment is designed to \u201cimprove public health, strengthen public services and back investment by companies in sectors hit by the pandemic.\u201d The EIB had said <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e64b4ec0-b026-464e-862e-80fc900aedee\">last month<\/a> it was looking at a potential EUR 670 mn financing package for Egypt and some of its developing neighbors to help combat the pandemic.<\/p>\n<p><strong>The EIB funding is part of a EUR 16.6 bn package<\/strong> for \u201ccovid-19 health response and economic resilience, climate, clean transport, energy and housing\u201d across its footprint, the bank said.<\/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\/afreximbank\/\">AfreximBank<\/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\/pandemic-trade-impact-mitigation-facility\/\">Pandemic Trade Impact Mitigation Facility<\/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=\"573063\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573064\" 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=\"573064\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-in-the-news-on-19-july-2020\/\">\r\n                            Egypt in the News on 19 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\/19\/egypt-in-the-news-on-19-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\/19\/egypt-in-the-news-on-19-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\/19\/egypt-in-the-news-on-19-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 19 July 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-in-the-news-on-19-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\/19\/egypt-in-the-news-on-19-july-2020\/&title=Egypt in the News on 19 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+19+July+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Fegypt-in-the-news-on-19-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\/19\/egypt-in-the-news-on-19-july-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573064\" class=\"content-area-description single-story post-573064 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-central-depository-act tag-debt tag-diplomacy tag-dispute-watch tag-donald-trump tag-egypt-in-the-news tag-enterpriseam tag-euroclear tag-gerd tag-hazem-el-beblawi tag-human-rights tag-politics tag-us wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Grand Ethiopian Renaissance Dam continues to occupy the attention of the international<\/strong> <strong>press this morning.<\/strong> We have the latest in this morning\u2019s Speed Round, above. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-07-17\/as-questions-swirl-over-flashpoint-nile-dam-egypt-plays-it-cool?sref=mmeFTDW1\">Bloomberg<\/a> | <a href=\"https:\/\/www.nytimes.com\/2020\/07\/18\/world\/middleeast\/nile-dam-egypt-ethiopia.html?searchResultPosition=3\">New York Times<\/a> | <a href=\"https:\/\/www.bbc.co.uk\/news\/av\/world-africa-53441396\/why-can-t-egypt-and-ethiopia-agree-on-the-nile-dam\">BBC<\/a> | <a href=\"https:\/\/www.cbsnews.com\/news\/ethiopia-nile-dam-filling-reservoir-egypt-calls-existential-threat-in-3-way-dispute-sudan\/\">CBS<\/a>)<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-07-16\/egypt-passes-key-legislation-in-move-to-further-open-debt-market?sref=mmeFTDW1\">Bloomberg<\/a> took note of the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3b411a78-7e57-4cd0-a6ee-5f5f8af7a3a0\">amended<\/a><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3b411a78-7e57-4cd0-a6ee-5f5f8af7a3a0\">Central Depository Act<\/a><\/strong><strong> as a step towards<\/strong><strong> opening up Egypt\u2019s local debt instruments to foreign investors<\/strong>, saying the changes \u201ccould unlock more demand [for Egyptian] bonds,\u201d which carry the fourth-highest return rate among 25 emerging markets. Advisor to the Finance Minister Nevine Mansour also told the business information service that the amendments mark significant progress towards Egypt\u2019s goal of making its debt \u201cEuroclearable\u201d \u2014 allowing local debt issuance to be cleared with Belgium-based clearinghouse Euroclear.<\/p>\n<p><strong>Beblawi granted immunity from torture lawsuit:<\/strong> The US State Department has granted ex-PM Hazem El Beblawi immunity from a lawsuit filed by US citizen Mohamed Soltan for alleged torture and abuse, according to court filings released on Friday, <a href=\"https:\/\/www.washingtonpost.com\/local\/legal-issues\/state-dept-declares-egypts-ex-prime-minister-immune-from-torture-lawsuit-by-us-citizen-after-reported-protest-from-cairo\/2020\/07\/17\/45a2d320-c86f-11ea-8ffe-372be8d82298_story.html\">the Washington Post<\/a> reports.<\/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\/central-depository-act\/\">Central Depository Act<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/dispute-watch\/\">dispute watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/donald-trump\/\">Donald Trump<\/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\/euroclear\/\">Euroclear<\/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\/hazem-el-beblawi\/\">Hazem El Beblawi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573065\" 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=\"573065\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/crystallization-caught-in-polarized-single-plane-light\/\">\r\n                            Crystallization caught in polarized, single-plane light                        <\/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\/19\/crystallization-caught-in-polarized-single-plane-light\/\" 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\/19\/crystallization-caught-in-polarized-single-plane-light\/')\">\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\/19\/crystallization-caught-in-polarized-single-plane-light\/\">\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=Crystallization caught in polarized, single-plane light&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/crystallization-caught-in-polarized-single-plane-light\/\">\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\/19\/crystallization-caught-in-polarized-single-plane-light\/&title=Crystallization caught in polarized, single-plane light\">\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=Crystallization+caught+in+polarized%2C+single-plane+light+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Fcrystallization-caught-in-polarized-single-plane-light%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\/19\/crystallization-caught-in-polarized-single-plane-light\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/146.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"573066\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/crystallization-caught-in-polarized-single-plane-light\/146-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/146.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"146.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/146.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/146.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573065\" class=\"content-area-description single-story post-573065 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-photography tag-science tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Chemistry as art: <\/strong>The Scientists and photographers behind <a href=\"https:\/\/www.envisioningchemistry.com\/\">Envisioning Chemistry<\/a> have captured the kaleidoscopic crystallization process using a contrast-enhancing polarized light microscope. It\u2019s simply gorgeous. Watch at <a href=\"https:\/\/petapixel.com\/2020\/07\/17\/a-hypnotic-microscope-time-lapse-of-chemicals-crystalizing\/\">PetaPixel<\/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\/photography\/\">photography<\/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\/worth-watching\/\">worth watching<\/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=\"573067\" 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=\"573067\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/nrea-to-issue-international-tender-for-50-mw-solar-plant-in-egypts-benban-park\/\">\r\n                            NREA to issue international tender for 50 MW solar plant in Egypt\u2019s Benban park                        <\/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\/19\/nrea-to-issue-international-tender-for-50-mw-solar-plant-in-egypts-benban-park\/\" 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\/19\/nrea-to-issue-international-tender-for-50-mw-solar-plant-in-egypts-benban-park\/')\">\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\/19\/nrea-to-issue-international-tender-for-50-mw-solar-plant-in-egypts-benban-park\/\">\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=NREA to issue international tender for 50 MW solar plant in Egypt\u2019s Benban park&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/nrea-to-issue-international-tender-for-50-mw-solar-plant-in-egypts-benban-park\/\">\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\/19\/nrea-to-issue-international-tender-for-50-mw-solar-plant-in-egypts-benban-park\/&title=NREA to issue international tender for 50 MW solar plant in Egypt\u2019s Benban park\">\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=NREA+to+issue+international+tender+for+50+MW+solar+plant+in+Egypt%E2%80%99s+Benban+park+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Fnrea-to-issue-international-tender-for-50-mw-solar-plant-in-egypts-benban-park%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\/19\/nrea-to-issue-international-tender-for-50-mw-solar-plant-in-egypts-benban-park\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573067\" class=\"content-area-description single-story post-573067 post type-post status-publish format-standard hentry category-energy tag-benban-solar-park tag-electricity-ministry tag-energy tag-enterpriseam tag-new-and-renewable-energy-authority tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The New and Renewable Energy Authority plans to issue an international tender next month for the construction of a 50 MW solar power plant in Aswan\u2019s Benban park, <a href=\"https:\/\/bit.ly\/2OzSyeT\">Al Mal<\/a> reports, citing an unnamed Electricity Ministry source. The EGP 1.4 bn plant will be financed by the Kuwait Fund for Arab Economic Development. Construction of the facility should be complete by 2023, according to the source.<\/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\/benban-solar-park\/\">Benban solar park<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/electricity-ministry\/\">Electricity Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-and-renewable-energy-authority\/\">New and Renewable Energy Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/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=\"573069\" 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=\"573069\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/supply-ministry-to-set-up-new-logistics-zones-in-south-sinai\/\">\r\n                            Supply Ministry to set up new logistics zones in South Sinai                        <\/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\/19\/supply-ministry-to-set-up-new-logistics-zones-in-south-sinai\/\" 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\/19\/supply-ministry-to-set-up-new-logistics-zones-in-south-sinai\/')\">\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\/19\/supply-ministry-to-set-up-new-logistics-zones-in-south-sinai\/\">\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=Supply Ministry to set up new logistics zones in South Sinai&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/supply-ministry-to-set-up-new-logistics-zones-in-south-sinai\/\">\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\/19\/supply-ministry-to-set-up-new-logistics-zones-in-south-sinai\/&title=Supply Ministry to set up new logistics zones in South Sinai\">\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=Supply+Ministry+to+set+up+new+logistics+zones+in+South+Sinai+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Fsupply-ministry-to-set-up-new-logistics-zones-in-south-sinai%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\/19\/supply-ministry-to-set-up-new-logistics-zones-in-south-sinai\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573069\" class=\"content-area-description single-story post-573069 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-ibrahim-ashmawy tag-infrastructure tag-internal-trade-development-authority tag-sharm-el-sheikh tag-south-sinai tag-supply-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Supply Ministry plans to set up new logistics zones for commercial supply chains in the South Sinai, with a focus on Sharm El Sheikh, Al Tur, and Ras Sidr, <a href=\"https:\/\/bit.ly\/3jfHv8x\">Al Mal<\/a> reports.<\/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\/ibrahim-ashmawy\/\">Ibrahim Ashmawy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/internal-trade-development-authority\/\">Internal Trade Development Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sharm-el-sheikh\/\">Sharm El Sheikh<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/south-sinai\/\">South Sinai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/supply-ministry\/\">Supply 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=\"573070\" 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=\"573070\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/\">\r\n                            Al Gioshy Steel postpones expansion, blames new import tariffs                        <\/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\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/\" 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\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/')\">\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\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/\">\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=Al Gioshy Steel postpones expansion, blames new import tariffs&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/\">\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\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/&title=Al Gioshy Steel postpones expansion, blames new import tariffs\">\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=Al+Gioshy+Steel+postpones+expansion%2C+blames+new+import+tariffs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Fal-gioshy-steel-postpones-expansion-blames-new-import-tariffs%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\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573070\" class=\"content-area-description single-story post-573070 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam tag-manufacturing tag-protectionism tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Al Gioshy Steel has postponed plans to add a production line to its steel rebar production facility, citing the Trade Ministry\u2019s tariffs on imports of steel and iron billet as a major reason, CEO Tarek Al Gioshy <a href=\"https:\/\/bit.ly\/30pmEH8\">tells Al Mal<\/a>. The company has resumed operations at its factory after having halted production to protest the duties, which the government imposed <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/15\/diplomacy-and-foreign-trade-on-15-april-2019\/\">last year<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/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\/protectionism\/\">protectionism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">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=\"573071\" 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=\"573071\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/futek-to-invest-egp-60-mn-medical-devices-line\/\">\r\n                            Futek to invest EGP 60 mn medical devices line                        <\/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\/19\/futek-to-invest-egp-60-mn-medical-devices-line\/\" 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\/19\/futek-to-invest-egp-60-mn-medical-devices-line\/')\">\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\/19\/futek-to-invest-egp-60-mn-medical-devices-line\/\">\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=Futek to invest EGP 60 mn medical devices line&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/futek-to-invest-egp-60-mn-medical-devices-line\/\">\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\/19\/futek-to-invest-egp-60-mn-medical-devices-line\/&title=Futek to invest EGP 60 mn medical devices line\">\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=Futek+to+invest+EGP+60+mn+medical+devices+line+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Ffutek-to-invest-egp-60-mn-medical-devices-line%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\/19\/futek-to-invest-egp-60-mn-medical-devices-line\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573071\" class=\"content-area-description single-story post-573071 post type-post status-publish format-standard hentry category-manufacturing tag-education tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Futek Lighting will invest EGP 60 mn to add a production line for medical devices \u2014 including pulse oximeters to measure blood oxygen and sterilization equipment \u2014 at its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/28b19073-08c6-412e-92a1-46c2141dc42f\">new factory in Sadat City<\/a>, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=18072020&id=6ad85222-92ca-4fd7-a1cc-45008167050f\">Al Shorouk<\/a> reports.<\/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\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573072\" 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=\"573072\">\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\/07\/19\/banque-misr-arranges-4-loans-worth-egp-3-6-bn-pounds-for-al-marasem-developments\/\">\r\n                            Banque Misr arranges 4 loans worth EGP 3.6 bn pounds for Al Marasem developments                        <\/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\/19\/banque-misr-arranges-4-loans-worth-egp-3-6-bn-pounds-for-al-marasem-developments\/\" 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\/19\/banque-misr-arranges-4-loans-worth-egp-3-6-bn-pounds-for-al-marasem-developments\/')\">\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\/19\/banque-misr-arranges-4-loans-worth-egp-3-6-bn-pounds-for-al-marasem-developments\/\">\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=Banque Misr arranges 4 loans worth EGP 3.6 bn pounds for Al Marasem developments&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/banque-misr-arranges-4-loans-worth-egp-3-6-bn-pounds-for-al-marasem-developments\/\">\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\/19\/banque-misr-arranges-4-loans-worth-egp-3-6-bn-pounds-for-al-marasem-developments\/&title=Banque Misr arranges 4 loans worth EGP 3.6 bn pounds for Al Marasem developments\">\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=Banque+Misr+arranges+4+loans+worth+EGP+3.6+bn+pounds+for+Al+Marasem+developments+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Fbanque-misr-arranges-4-loans-worth-egp-3-6-bn-pounds-for-al-marasem-developments%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\/19\/banque-misr-arranges-4-loans-worth-egp-3-6-bn-pounds-for-al-marasem-developments\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573072\" class=\"content-area-description single-story post-573072 post type-post status-publish format-standard hentry category-banking-finance tag-banking tag-banking-finance tag-enterpriseam tag-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Banque Misr has arranged four shariah-compliant syndicated facilities worth EGP 3.6 bn for Al Marasem International Development for projects in the new administrative capital and Suez, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=18072020&id=e8b31605-3caa-4a09-8af7-00fae420aa25\">Al Shorouk<\/a>reports, citing unnamed informed sources. The state-owned bank has a 40% share in the first three of the loans, the sources said, adding that other participating banks include the Abu Dhabi Islamic Bank, the First Abu Dhabi Bank, Bank Audi, and SAIB Bank. The first EGP 1 bn loan will part-finance a medical complex in Suez, the second EGP 1.5 bn facility will fund the second stage of the New Garden City development in the administrative capital, and the third will extend EGP 590 mn to develop the administrative capital\u2019s central park.<\/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\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/finance\/\">Finance<\/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=\"573073\" 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=\"573073\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/maf-opens-53rd-egypt-carrefour-store-in-alexandria\/\">\r\n                            MAF opens 53rd Egypt Carrefour store in Alexandria                        <\/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\/19\/maf-opens-53rd-egypt-carrefour-store-in-alexandria\/\" 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\/19\/maf-opens-53rd-egypt-carrefour-store-in-alexandria\/')\">\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\/19\/maf-opens-53rd-egypt-carrefour-store-in-alexandria\/\">\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=MAF opens 53rd Egypt Carrefour store in Alexandria&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/maf-opens-53rd-egypt-carrefour-store-in-alexandria\/\">\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\/19\/maf-opens-53rd-egypt-carrefour-store-in-alexandria\/&title=MAF opens 53rd Egypt Carrefour store in Alexandria\">\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=MAF+opens+53rd+Egypt+Carrefour+store+in+Alexandria+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Fmaf-opens-53rd-egypt-carrefour-store-in-alexandria%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\/19\/maf-opens-53rd-egypt-carrefour-store-in-alexandria\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573073\" class=\"content-area-description single-story post-573073 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-carrefour tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Majid Al Futtaim has opened in Alexandria its 53rd Egyptian Carrefour branch, <a href=\"https:\/\/bit.ly\/3jiyUCg\">Masrawy<\/a> reports. The company plans to invest EGP 37 mn to open another three branches this year, Country Manager Jean Luc Graziato said during the inauguration, without providing further details.<\/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\/carrefour\/\">Carrefour<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/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=\"573075\" 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=\"573075\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/coptic-church-defrocks-priest-rewies-aziz-khalil-over-abuse-claims\/\">\r\n                            Coptic Church defrocks priest Rewies Aziz Khalil over abuse claims                        <\/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\/19\/coptic-church-defrocks-priest-rewies-aziz-khalil-over-abuse-claims\/\" 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\/19\/coptic-church-defrocks-priest-rewies-aziz-khalil-over-abuse-claims\/')\">\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\/19\/coptic-church-defrocks-priest-rewies-aziz-khalil-over-abuse-claims\/\">\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=Coptic Church defrocks priest Rewies Aziz Khalil over abuse claims&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/coptic-church-defrocks-priest-rewies-aziz-khalil-over-abuse-claims\/\">\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\/19\/coptic-church-defrocks-priest-rewies-aziz-khalil-over-abuse-claims\/&title=Coptic Church defrocks priest Rewies Aziz Khalil over abuse claims\">\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=Coptic+Church+defrocks+priest+Rewies+Aziz+Khalil+over+abuse+claims+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F19%2Fcoptic-church-defrocks-priest-rewies-aziz-khalil-over-abuse-claims%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\/19\/coptic-church-defrocks-priest-rewies-aziz-khalil-over-abuse-claims\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573075\" class=\"content-area-description single-story post-573075 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam tag-religion wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Coptic Orthodox Church has defrocked Minya\u2019s Rewies Aziz Khalil amid accusations that he abused children, according to a Church statement on Saturday carried by <a href=\"https:\/\/www.elwatannews.com\/news\/details\/4909128\">El Watan<\/a>. Church goers in Minya\u2019s Abu Qurqas, the US and Canada made allegations against Khalil on social media last week, prompting the church to launch an investigation.<\/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\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/religion\/\">Religion<\/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=\"573076\" 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=\"573076\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/the-market-yesterday-131\/\">\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\/19\/the-market-yesterday-131\/\" 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\/19\/the-market-yesterday-131\/')\">\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\/19\/the-market-yesterday-131\/\">\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\/19\/the-market-yesterday-131\/\">\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\/19\/the-market-yesterday-131\/&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%2F19%2Fthe-market-yesterday-131%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\/19\/the-market-yesterday-131\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573076\" class=\"content-area-description single-story post-573076 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><p><strong>EGP \/ USD CBE market average: <\/strong>Buy 15.91 | Sell 16.01<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.92 | Sell 16.02<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.92 | Sell 16.02<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 10.441 (-1.7%)<br \/>\n <strong>Turnover:<\/strong> EGP 817 mn (10% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -25.2%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session down 1.7%. CIB, the index\u2019s heaviest constituent, ended down 2.8%. EGX30\u2019s top performing constituents were CIRA up 2.4%, Sodic up 1.6%, and Eastern Company up 0.5%. Thursday\u2019s worst performing stocks were Dice down 6.1%, Juhayna down 5.4% and Credit Agricole down 5.1%. The market turnover was EGP 817 mn, and foreign investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net short | EGP -57.8 mn<br \/>\n <strong>Regional<\/strong>: Net long | EGP +19.8 mn<br \/>\n <strong>Domestic<\/strong>: Net long | EGP +38 mn<\/p>\n<p><strong>Retail<\/strong>: 67.9% of total trades | 69.5% of buyers | 66.3% of sellers<br \/>\n <strong>Institutions<\/strong>: 32.1% of total trades | 30.5% of buyers | 33.7% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 40.59 (-0.39%)<br \/>\n <strong>Brent:<\/strong> USD 43.14 (-0.53%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.72 MMBtu, (-0.29%, August 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,810.00 \/ troy ounce (+0.54%)<\/p>\n<p><strong>TASI:<\/strong> 7,426 (+0.12%) (YTD: -11.47%)<br \/>\n <strong>ADX:<\/strong> 4,274 (+1.26%) (YTD: -15.79%)<br \/>\n <strong>DFM:<\/strong> 2,052 (+0.22%) (YTD: -25.76%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,501 (-0.94%)<br \/>\n <strong>QE:<\/strong> 9,310 (-0.89%) (YTD: -10.69%)<br \/>\n <strong>MSM:<\/strong> 3,450 (-0.32%) (YTD: -13.34%)<br \/>\n <strong>BB: <\/strong>1,302 (-0.14%) (YTD: -19.11%)<\/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=\"573077\" 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\/19\/573077\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573077\" class=\"content-area-description single-story post-573077 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>20-21 July (Monday-Tuesday): Creative Industry Summit virtual edition.<\/p>\n<p>23 July (Thursday): 23 July revolution anniversary, 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>5 August (Wednesday): IHS Markit PMI for Egypt released.<\/p>\n<p>11-12 August (Tuesday-Wednesday): Senate elections take place.<\/p>\n<p>13 August (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>13-15 August (Thursday-Saturday): RiseUp from Home digital event. Pre-registration available <a href=\"https:\/\/riseupsummit.us10.list-manage.com\/track\/click?u=ad664250c45f81b40bcb342ac&id=4f674c89a2&e=99cb233f8f\">here<\/a>.<\/p>\n<p>20 August (Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>8-9 September (Tuesday-Wednesday): Run-off Senate elections.<\/p>\n<p>12 September (Saturday): Court session for Egyptian Resorts Company lawsuit against The Tourism Development Authority<\/p>\n<p>15 September (Tuesday): 2019-2020 academic year ends for Egyptian universities.<\/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.<\/p>\n<p>8 October (Thursday): National holiday in observance of Armed Forces Day.<\/p>\n<p>17 October (Saturday): 2020-2021 academic year <a href=\"https:\/\/egyptindependent.com\/egypts-academic-year-to-start-october-17-but-decisions-remain-to-be-made\/\">begins<\/a> for K-12 students at state schools.<\/p>\n<p>23-31 October (Friday-Saturday): <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<p>25 January 2021 (Monday): 25 January revolution anniversary \/ Police Day.<\/p>\n<p>28 January 2021 (Thursday): National holiday in observance of 25 January revolution anniversary \/ Police Day.<\/p>\n<p>4 February 2021 (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>18 March 2021 (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>12 April 2021 (Monday): First day of Ramadan (TBC).<\/p>\n<p>25 April 2021 (Sunday): Sinai Liberation Day.<\/p>\n<p>29 April 2021 (Thursday): National holiday in observance of Sinai Liberation Day.<\/p>\n<p>29 April 2021 (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>3 May (Monday): Sham El Nessim.<\/p>\n<p>6 May (Thursday): National holiday in observance of Sham El Nessim.<\/p>\n<p>12-15 May (Wednesday-Saturday): Eid El Fitr (TBC).<\/p>\n<p>10 June (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>22 July (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/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":573040,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-573039","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"8e5c9590-db89-4766-98e8-f209c19d4799","teaser":"","photo_url":"https:\/\/ent.news\/2020\/7\/138.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>Egypt lands USD 6.1 bn from Afreximbank, European Investment Bank - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt lands USD 6.1 bn from Afreximbank, European Investment Bank\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T08:55:23+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/138.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/\",\"name\":\"Egypt lands USD 6.1 bn from Afreximbank, European Investment Bank - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/138.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2020-07-19T04:07:31+00:00\",\"dateModified\":\"2025-12-16T08:55:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/138.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/138.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Egypt lands USD 6.1 bn from Afreximbank, European Investment Bank\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt lands USD 6.1 bn from Afreximbank, European Investment Bank - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/","og_locale":"en_US","og_type":"article","og_title":"Egypt lands USD 6.1 bn from Afreximbank, European Investment Bank","og_url":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/","og_site_name":"EnterpriseAM Egypt","article_modified_time":"2025-12-16T08:55:23+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/138.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/","url":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/","name":"Egypt lands USD 6.1 bn from Afreximbank, European Investment Bank - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/138.jpg?fit=%2C&ssl=1","datePublished":"2020-07-19T04:07:31+00:00","dateModified":"2025-12-16T08:55:23+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/138.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/138.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-lands-usd-6-1-bn-from-afreximbank-european-investment-bank\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/egypt\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Egypt lands USD 6.1 bn from Afreximbank, European Investment Bank"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/573039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/573039\/revisions"}],"predecessor-version":[{"id":573087,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/573039\/revisions\/573087"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/573040"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=573039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=573039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=573039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}