{"id":573164,"date":"2020-07-22T04:04:25","date_gmt":"2020-07-22T04:04:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=573164"},"modified":"2025-12-16T08:59:27","modified_gmt":"2025-12-16T08:59:27","slug":"of-green-bonds-and-tuition-caps-to-send-you-into-your-long-weekend-see-you-back-here-on-sunday","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/of-green-bonds-and-tuition-caps-to-send-you-into-your-long-weekend-see-you-back-here-on-sunday\/","title":{"rendered":"Of green bonds and tuition caps to send you into your long weekend. See you back here on Sunday."},"content":{"rendered":"<section id=\"573166\" 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=\"573166\">\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\/22\/what-were-tracking-on-22-july-2020\/\">\r\n                            What we\u2019re tracking on 22 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\/22\/what-were-tracking-on-22-july-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Banks and <a href=\"https:\/\/bit.ly\/3jtmibq\">the stock exchange<\/a> will be closed tomorrow and will open their doors again on Sunday, the Central Bank of Egypt said yesterday.<\/p><p><strong>We\u2019re also off tomorrow<\/strong> and will be back in your inboxes on Sunday morning.<\/p><p><strong>It\u2019s official \u2014 public universities will begin the new academic year on Saturday, <\/strong><strong>October 17<\/strong> and the first term will wrap on Thursday, 21 January, the Supreme Council of Universities decided, according to a Higher Education Ministry <a href=\"https:\/\/bit.ly\/3eRqo9E\">statement<\/a>. The council also approved the proposal to implement a blended learning system next academic year.<\/p><p><a id=\"tldr-story-03\" class=\"content-anchor\"><\/a> <strong>Private school tuition fee hikes capped at 7% -Shawki:<\/strong> Private schools will not be permitted to raise their fees by more than 7% in the coming school year lest the face legal repercussions, Education Minister Tarek Shawki told Ala Mas'ouleety's Ahmed Moussa last night. Shawki also said <strong>next year\u2019s examinations will likely use an \u201copen book\u201d format to emphasize comprehension<\/strong> rather than memorization and will be conducted online (<a href=\"https:\/\/www.youtube.com\/watch?v=rcCFa0A6_Bg\">watch, runtime: 21:58)<\/a>.<\/p><p><strong>Universities will transfer more of their curricula online in the coming academic year<\/strong> to reduce footfall on campuses amid the covid-19 pandemic, the <a href=\"https:\/\/alborsaanews.com\/2020\/07\/22\/1368670\">local press<\/a> reports, citing Assistant to the Minister of Higher Education and Scientific Research Hisham Farouk.<\/p><p><strong>Parliament to discuss additional support for tourism next week<\/strong><strong>:<\/strong> Lawmakers will next week discuss <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/edition\/am\/cc8b1e57-761e-4e10-b4d0-977b9b54904b\">the bill<\/a> that would set up a fund dedicated to providing emergency financial support to the tourism sector, Vice President of the Federation of Chambers of Tourism Assem Wahid said, according to <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=21072020&amp;id=66641c7c-d2b3-4c8e-9aac-4e5440ab10b1\">Al Shorouk<\/a>. We assume that these will be committee-level discussions, given the parliamentary session has been adjourned until the middle of next month.<\/p><p><strong>Are you an Egyptian living abroad? You can vote by mail-in ballot for the first time<\/strong>, it seems, rather than lining up to vote at the nearest Egyptian embassy or consulate to cast a ballot for then nation\u2019s first Senate elections, National Elections Authority chief Lasheen Ibrahim said, according to <a href=\"https:\/\/bit.ly\/2DXYfkv\">Masrawy<\/a>. <strong>You\u2019ll need to register if you want to vote by mail. <\/strong>Do so between Saturday, 25 July and Friday, 31 July on <a href=\"https:\/\/www.elections.eg\/\">elections.eg<\/a> to be eligible to later download your ballot and participate in the 9-10 August poll for citizens living abroad. Mail in ballots will need to be sent via courier or express mail to meet the 12 August cutoff to be counted. <strong>Voters in Egypt go to the polls 11-12 August.<\/strong><\/p><hr class=\"grey-line\"><p><strong>It\u2019s time to take a sabbatical. <\/strong>Lawyer, author, podcaster and inveterate iSheep David Sparks recently wrote about his experience <a href=\"https:\/\/www.macsparky.com\/blog\/2020\/6\/preparing-for-a-sabbatical\">planning<\/a> and <a href=\"https:\/\/www.macsparky.com\/blog\/2020\/7\/the-sabbatical-experiment\">taking a one-week sabbatical from work<\/a>. In true workaholic fashion, Sparks doesn\u2019t explain why he he\u2019s talking about a \u201csabbatical\u201d and not a \u201cvacation,\u201d but what he\u2019s talking about is a break that (a) is more \u201cvacation\u201d than a typical academic sabbatical (in which you\u2019re expected to spend a six months or a year engaged in research, writing or otherwise ruminating on matters professional while being relieved from your daily teaching duties), but still (b) includes more thinking about the future of work than one would normally do on a vacation.<\/p><p><strong>How did it work out? Execs at all levels can learn from his conclusion<\/strong> that whatever qualms he may have had about his (kind of) week off, \u201c<strong>I am going to build these slow weeks into my schedule going forward<\/strong>, though I am not exactly sure how often, or what I will call them.\u201d<\/p><p><strong>When was the last time you purposefully booked a slow week? <\/strong>Not a crazy four-day week so you can get a long-weekend on the coast. But a slow week at the office that gave you ample time to <strong>think about strategy, your business and what you want out of your career and life?<\/strong><\/p><hr class=\"grey-line\"><p><strong>COVID-19 IN EGYPT-<\/strong><\/p><p><a id=\"tldr-story-04\" class=\"content-anchor\"><\/a> <strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/3ePFGvu\">confirmed<\/a><\/strong><strong> 676 new cases of covid-19 yesterday<\/strong>, bringing the country\u2019s total infections to 89,078. There have now been 4,399 deaths after the ministry reported 47 new fatalities yesterday \u2014 <strong>the lowest daily death toll since 12 June.<\/strong> We now have a total of 29,473 cases who have fully recovered.<\/p><p><strong>The Red Sea and South Sinai governorates have reported zero new covid-19 cases for a <\/strong><strong>full day, <\/strong>a first since the outbreak of the pandemic, the Health Ministry said in a <a href=\"https:\/\/bit.ly\/39gm2I9\">statement<\/a>. Nine of 21 medical centers in Beheira governorate also reported no new cases for the first time, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2000682\">Al Masry Al Youm<\/a> reports.<\/p><p><strong>Covid shaved 5.7% off Egypt\u2019s non-oil exports in the first six months of the year<\/strong>, with export sales down to USD 12.3 bn in 1H2020 according to <a href=\"http:\/\/www.goeic.gov.eg\/ar\/news\/default\/view\/id\/587\">figures<\/a> from the General Organization for Export and Import Control. Egypt\u2019s largest export market during the first half of the year was the Arab world, followed by the European Union.<\/p><p><strong>Demand for <\/strong><strong>so-called \u201cimmune boosters,\u201d<\/strong><strong> vitamins and nutritional supplements <\/strong><strong>has dropped by 80%<\/strong> m-o-m so far in July as citizens feel less anxious about covid-19 <a href=\"https:\/\/bit.ly\/2CYrByB\">according to an official<\/a> at the Cairo Chamber of Commerce.<\/p><p class=\"web-image\"><a href=\"https:\/\/www.ft.com\/content\/1b3274ce-de3b-411d-8544-a024e64c3542\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/Covid-19-Africa-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>ON THE GLOBAL FRONT-<\/strong><\/p><p><strong>The virus may appear to be starting to wane in Egypt, but it is taking hold in Africa:<\/strong> Although initially being concentrated in five countries on the continent, cases of coronavirus have more than doubled in 22 nations in the past month while two-thirds are now seeing community transmission, <a href=\"https:\/\/www.ft.com\/content\/1b3274ce-de3b-411d-8544-a024e64c3542\">the Financial Times<\/a> reports.<\/p><p><strong>Early trials from at least three vaccine developers are showing positive results in<\/strong><strong> raising antibody count<\/strong> in the short term, but there remain questions about whether they will successfully provide widespread protection for a range of demographics, according to <a href=\"https:\/\/www.nytimes.com\/2020\/07\/20\/world\/covid-coronavirus-vaccine.html\">the NYT<\/a>. Antibodies are reaching levels near those seen in recovered covid-19 patients in results from partnerships between Oxford University and AstraZeneca, China\u2019s CanSino Biologics, and a JV between Pfizer and German BioNTech, but building real immunity to the virus will likely require a second dose of its vaccine.<\/p><p><strong>We\u2019re not entirely sure if Moscow also has a vaccine ready<\/strong> as conflicting statements emerged from the Russian defense and health ministries. While the country\u2019s defense ministry claims to have a vaccine ready with plans to produce 200 mn doses with foreign partners by the end of this year, the health ministry denied that the trials are complete, according to <a href=\"https:\/\/www.themoscowtimes.com\/2020\/07\/21\/russias-coronavirus-vaccine-ready-military-says-a70941\">the Moscow Times<\/a>.<\/p><p><strong>Have you had covid? You may only be immune for two-and-a-half months after catching <\/strong><strong>it<\/strong><strong>,<\/strong> according to a new study which finds that the half-life of covid-19 antibodies is just 73 days, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-07-21\/covid-antibodies-fade-rapidly-raising-risk-of-lost-protection?srnd=premium-middle-east&amp;sref=mmeFTDW1\">Bloomberg<\/a> reports.<\/p><p><strong>Moderna execs are certainly not letting a good crisis go to waste:<\/strong> Executives at the US giant <a href=\"https:\/\/www.cbsnews.com\/news\/moderna-ceo-executives-made-millions-on-vaccine-announcement\/\">made mns<\/a> dumping company shares in the days after it announced a breakthrough in its research for a vaccine, <a href=\"https:\/\/www.cbsnews.com\/news\/moderna-executives-increased-stock-sales-after-coronavirus-vaccine-trial-data\/?ftag=CNM-00-10aab7e&amp;linkId=94400867\">CBS News<\/a> reports. CEO Stephane Bancel more than tripled the amount of shares sold through his executive stock plan after its share price <a href=\"https:\/\/www.cbsnews.com\/news\/coronavirus-vaccine-biotechnology-stock-market-investment-bubble\/\">surged 30% in May<\/a>, netting him almost USD 4.8 mn.<\/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>GLOBAL MACRO-<\/strong><\/p><p><strong>EU agrees landmark stimulus package<\/strong>: EU leaders yesterday inked a EUR 750 bn (USD 860 bn) economic stimulus program after days of fraught negotiations that pitted hawkish northern countries against the corona-ravaged Mediterranean economies, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-07-21\/eu-leaders-reach-deal-on-750-billion-euro-virus-recovery-fund?srnd=premium-middle-east&amp;sref=mmeFTDW1\">Bloomberg<\/a> reports. Following a night of talks, leaders agreed to disperse EUR 360 bn of low-interest loans and EUR 390 bn of grants to the hardest hit nations, one of the key sticking points for the so-called \u2018frugal four\u2019 countries which were concerned about the size of the package. In what EU president Charles Michel called a \u201cpivotal moment\u201d for the bloc, the agreement unlocks funds desperately needed by the highly-indebted southern economies wracked by the pandemic and <strong>sends a message that European nations are capable of acting in concert<\/strong> during times of crisis.<\/p><p><strong>News of the agreement and covid-19 vaccine optimism spurred a leap in oil prices, with <\/strong><strong>Brent <\/strong><strong>crude up to USD 44.53 \/ bbl<\/strong>, on track for its biggest daily rise since mid-June at 3%, <a href=\"https:\/\/www.reuters.com\/article\/us-global-oil\/oil-ticks-up-on-vaccine-hopes-eu-stimulus-deal-idUSKCN24M07C\">Reuters<\/a> reports. Oil <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a002af26-6107-4710-8486-77cf8e13b421\">traded at closer to USD 60 \/ bbl<\/a> before the pandemic took hold. Italian bonds and European stocks also gained yesterday, market data shows. European equities have outperformed US and global shares since the stimulus package was first announced in mid-May.<\/p><p><strong>Over in the US, traders are asking: \u201cWhat pandemic?\u201d<\/strong> US stocks are continuing their stunning liquidity-fuelled recovery, with the S&amp;P 500 turning positive year-to-date during Monday\u2019s trading session, <a href=\"https:\/\/www.cnbc.com\/2020\/07\/19\/stock-market-futures-open-to-close-news.html\">CNBC<\/a> reports. Amazon shares surged 7.9% after a Goldman analyst raised the price target on the stock to USD 3.8k per share. The uptick added <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-07-20\/jeff-bezos-adds-record-13-billion-in-single-day-to-his-fortune?srnd=premium&amp;sref=mmeFTDW1\">USD 13 bn to Jeff Bezos\u2019 net worth<\/a>.<\/p><p><strong>But the market is increasingly resembling the 1990s tech bubble,<\/strong> bn\u2019aire investor Mark Cuban <a href=\"https:\/\/www.cnbc.com\/2020\/07\/20\/mark-cuban-coronavirus-stock-comeback-similar-to-1990s-dot-com-bubble.html\">told CNBC<\/a>. \u201cIn some respects it\u2019s different because of the Fed and the liquidity they\u2019ve introduced and the inflation for financial assets that comes with that. But on a bigger picture, it\u2019s so similar,\u201d he said.<\/p><p><strong>European banks are at risk of losing EUR 800 bn in non-performing loans as <\/strong><strong>revenues plummet <\/strong>this year, <a href=\"https:\/\/www.ft.com\/content\/1c4faf6c-975c-4566-8e0e-c9cbd613db42\">the FT<\/a> reports. A report by US consultancy Oliver Wyman sees junk debt more than doubling to EUR 400 bn if its base scenario \u2014 a drawn-out recovery that avoids a new round of lockdowns. <strong>\u201cThe pandemic is unlikely to cripple the sector\u201d<\/strong> but banks will be \u201chighly susceptible\u201d to further instability and will clamp down on lending activity, said Christian Edelmann, co-head of European financial services at Oliver Wyman.<\/p><p><strong>AND THE REST OF THE WORLD- <\/strong><\/p><p><strong>Saudi Arabia\u2019s Al Othaim family is said to be looking to IPO its malls unit<\/strong> on the Tadawul, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-07-21\/saudi-arabia-s-al-othaim-family-said-to-plan-ipo-for-malls-unit?srnd=premium-middle-east&amp;sref=mmeFTDW1\">Bloomberg<\/a> reports, putting the value of the transaction at up to USD 2 bn.<\/p><p><strong>Private equity heavyweights are looking to Europe as the coronavirus continues to haunt <\/strong><strong>the US<\/strong>. PE firms announced agreements worth USD 143 bn outside of the US during the first six months of the year, accounting for almost 60% of global total, according to data collected by <a href=\"https:\/\/www.bloomberg.com\/news\/features\/2020-07-16\/private-equity-titans-turn-to-europe-for-mega-deals?sref=mmeFTDW1\">Bloomberg<\/a>. If the trend continues for the rest of the year, it will amount to the highest proportion in almost 20 years. In a further sign that the US has lost its luster for the biggest in the industry, there were no US businesses in the five biggest agreements for the first time since 2003.<\/p><p class=\"web-image\"><a href=\"https:\/\/apnews.com\/2ac2805903b50493f42081568755b2c4\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/UAE-rocket-launch-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p>(xxYE) <strong>The UAE launched its first ever Mars-bound spacecraft earlier this week<\/strong>, marking the Arab world\u2019s first interplanetary space mission, <a href=\"https:\/\/apnews.com\/2ac2805903b50493f42081568755b2c4\">the Associated Press<\/a> reports. The spacecraft, Amal, was constructed in Boulder, Colorado by a group of Emirati and US scientists and took off from a Japanese launch site on Monday. Set to reach the red planet in seven months, Amal will be monitoring climate change while circling Mars for two years.<\/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\/austerity\/\">austerity<\/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\/economy\/\">economy<\/a>\n                <!-- <span 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class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/gerd-summit-top-story-on-talk-shows\/\">\r\n                            GERD summit top story on talk shows                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=GERD+summit+top+story+on+talk+shows+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F22%2Fgerd-summit-top-story-on-talk-shows%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/gerd-summit-top-story-on-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573168\" class=\"content-area-description single-story post-573168 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-covid-19 tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-ethiopia tag-gerd tag-immigration-ministry tag-mohamed-hegazy tag-nabila-makram tag-red-sea tag-senate tag-sudan tag-tarek-shawki wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>School tuition fees, GERD and thwarted terror attack <\/strong>all headlined the talk shows last night.<\/p>\n<p><strong>GERD negotiations are now talks about talks:<\/strong> Ala Mas'ouleety's Ahmed Moussa spoke with Alaa Al Zawahiri, a member of Egypt's technical team in the Grand Ethiopian Renaissance Dam (GERD) talks, who discussed the virtual summit yesterday between the leaders of Egypt, Ethiopia and Sudan. He noted the Ittihadiya statement which said the sides were committed to more talks to reach a legally binding agreement on the filling and operating of the dam <a href=\"https:\/\/www.youtube.com\/watch?v=u1U2QCypJNU\">(watch, runtime: 19:52)<\/a>, Masaa DMC\u2019s Ramy Radwan spoke with Mohamed Hegazy, the former assistant to the foreign minister, to discuss the summit and its outcome <a href=\"https:\/\/www.youtube.com\/watch?v=33ArGh_99v8&t=360s\">(watch, runtime: 11:05)<\/a>. Yahduth Fi Misr\u2019s Sherif Amer also covered the statement <a href=\"https:\/\/www.youtube.com\/watch?v=vYEKWyhE6fA\">(watch, runtime: 3:47)<\/a>. We have more coverage of the GERD summit in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>The thwarted terrorist attack was all over the airwaves: <\/strong>Yahduth Fi Misr\u2019s Sherif Amer <a href=\"https:\/\/www.youtube.com\/watch?v=PesgcjMdGkY\">(watch, runtime: 1:54)<\/a>, Masaa DMC\u2019s Ramy Radwan <a href=\"https:\/\/www.youtube.com\/watch?v=dJBgike7Dyw\">(watch, runtime: 12:39)<\/a>, and Ala Mas\u2019ouleety\u2019s Ahmed Moussa <a href=\"https:\/\/www.youtube.com\/watch?v=_MzPQLlWRYw\">(watch, runtime: 1:53)<\/a> all covered <a href=\"https:\/\/bit.ly\/2ZPpYMO\">the army\u2019s announcement<\/a> (warning: graphic content) that it had foiled an attempted terrorist attack on a security directorate in north Sinai\u2019s Bir El Abd area, killing 18 terrorists. Two army personnel were killed and four others wounded in the attack.<\/p>\n<p><strong>Immigration minister discusses repatriation, Senate elections: <\/strong>Ala Mas'ouleety's Ahmed Moussa spoke with Immigration Minister Nabila Makram, who discussed repatriating Egyptians in Gulf states. She said that the United Arab Emirates, Saudi Arabia, and Kuwait each had their own set of regulations for allowing workers to return, and that the ministry was advising Egyptians on where to take PCR tests that are required for boarding flights. Makram also discussed the upcoming Senate elections, and how Egyptians abroad are eligible to vote, which includes registering with the National Elections Authority from 25-31 July <a href=\"https:\/\/www.youtube.com\/watch?v=Xfh7lqts3pM\">(watch, runtime: 15:30)<\/a>. Radwan also covered the voting process for Egyptian abroad <a href=\"https:\/\/www.youtube.com\/watch?v=zTwM5-Z9A9o\">(watch, runtime: 2:23)<\/a>.<\/p>\n<p><strong>Red Sea governorate makes progress on covid: <\/strong>Amer spoke with the Red Sea governor Amr Hanafi, who discussed the governorate announcing zero covid-19 cases over 24 hours for the first time since the pandemic began <a href=\"https:\/\/www.youtube.com\/watch?v=nlYLHVeTG1Y\">(watch, runtime: 1:33)<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/immigration-ministry\/\">immigration ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-hegazy\/\">Mohamed Hegazy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nabila-makram\/\">Nabila Makram<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/red-sea\/\">Red Sea<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/senate\/\">Senate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tarek-shawki\/\">Tarek Shawki<\/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=\"573169\" 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=\"573169\">\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\/22\/egypts-maiden-sukuk-green-bond-sales-are-in-the-pipeline-as-govt-eyes-return-to-debt-diversification-strategy\/\">\r\n                            Egypt\u2019s maiden sukuk + green bond sales are in the pipeline as gov\u2019t eyes return to debt diversification strategy                        <\/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\/22\/egypts-maiden-sukuk-green-bond-sales-are-in-the-pipeline-as-govt-eyes-return-to-debt-diversification-strategy\/\" 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\/22\/egypts-maiden-sukuk-green-bond-sales-are-in-the-pipeline-as-govt-eyes-return-to-debt-diversification-strategy\/')\">\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\/22\/egypts-maiden-sukuk-green-bond-sales-are-in-the-pipeline-as-govt-eyes-return-to-debt-diversification-strategy\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s maiden sukuk + green bond sales are in the pipeline as gov\u2019t eyes return to debt diversification strategy&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/egypts-maiden-sukuk-green-bond-sales-are-in-the-pipeline-as-govt-eyes-return-to-debt-diversification-strategy\/\">\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\/22\/egypts-maiden-sukuk-green-bond-sales-are-in-the-pipeline-as-govt-eyes-return-to-debt-diversification-strategy\/&title=Egypt\u2019s maiden sukuk + green bond sales are in the pipeline as gov\u2019t eyes return to debt diversification strategy\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+maiden+sukuk+%2B+green+bond+sales+are+in+the+pipeline+as+gov%E2%80%99t+eyes+return+to+debt+diversification+strategy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F22%2Fegypts-maiden-sukuk-green-bond-sales-are-in-the-pipeline-as-govt-eyes-return-to-debt-diversification-strategy%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\/22\/egypts-maiden-sukuk-green-bond-sales-are-in-the-pipeline-as-govt-eyes-return-to-debt-diversification-strategy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/182.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"573170\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/egypts-maiden-sukuk-green-bond-sales-are-in-the-pipeline-as-govt-eyes-return-to-debt-diversification-strategy\/182-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/182.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"182.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/182.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/182.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573169\" class=\"content-area-description single-story post-573169 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-debt tag-enterpriseam tag-eurobonds tag-finance-ministry tag-green-bonds tag-speed-round tag-sukuk 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>Egypt\u2019s maiden state sukuk + green bond sales are in the pipeline as gov\u2019t eyes return <\/strong><strong>to debt diversification strategy:<\/strong> The government is currently \u201cin an advanced stage\u201d of a USD 500 mn green bond offering in what would be Egypt\u2019s maiden sovereign sale of the debt instrument, head of the debt management unit at the Finance Ministry Mohamed Hegazy tells <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-07-21\/set-back-by-virus-egypt-revives-debt-plans-as-foreigners-return?sref=mmeFTDW1\">Bloomberg<\/a>. The ministry had tapped four banks <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2467b5f0-8a34-4f7f-8dc4-f6958c5d17d7\">earlier this year<\/a> to manage and market the bond sale, which has been in the works for several months: Credit Agricole, Citibank, Deutsche Bank, and HSBC. Credit Agricole and HSBC were also hired as \u201cstructural advisors.\u201d The issuance was originally slated for FY2019-2020 as the Egyptian treasury planted a flag amid its effort to diversify its sources of funding.<\/p>\n<p><strong>Also on the menu is Egypt\u2019s first-ever issuance of sharia-compliant sukuk<\/strong>, Hegazy tells the business information service. The government is \u201cwaiting on final approvals\u201d to begin selling the Islamic bonds, he said, without providing further information on when we can expect to see an issuance going to market. <strong>The government is also considering selling as much as EUR 7 bn-worth of USD- or EUR-denominated eurobonds<\/strong> during the current fiscal year, Hegazy said. Egypt closed a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/925263b4-1bc7-4df7-bcdc-3335f83063f0\">record USD 5 bn eurobond sale<\/a> in May in what was the country\u2019s largest-ever international issuance.<\/p>\n<p><strong>The diversification in debt instruments comes as the government is looking to get its comprehensive debt strategy back on track.<\/strong> The strategy, which the Finance Ministry began implementing in March 2019, relies largely on diversifying its debt instruments and borrowing currencies to widen its investor base and shifting towards longer-term debt. Egypt resorted to borrowing from the IMF and other international lenders to plug its financing deficit, which <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b7b39662-be0a-4b3b-a7ff-041a478730b7\">some analysts suggest<\/a> has made it among the emerging markets that are most vulnerable to sovereign debt default in the next year.<\/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\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eurobonds\/\">eurobonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance-ministry\/\">Finance Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/green-bonds\/\">green bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sukuk\/\">sukuk<\/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=\"573185\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573186\" 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=\"573186\">\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\/22\/egypt-in-the-news-on-22-july\/\">\r\n                            Egypt in the News on 22 July                        <\/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\/22\/egypt-in-the-news-on-22-july\/\" 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\/22\/egypt-in-the-news-on-22-july\/')\">\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\/22\/egypt-in-the-news-on-22-july\/\">\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 22 July&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/egypt-in-the-news-on-22-july\/\">\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\/22\/egypt-in-the-news-on-22-july\/&title=Egypt in the News on 22 July\">\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+22+July+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F22%2Fegypt-in-the-news-on-22-july%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\/22\/egypt-in-the-news-on-22-july\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573186\" class=\"content-area-description single-story post-573186 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-diplomacy tag-egypt-in-the-news tag-enterpriseam tag-ethiopia tag-gerd tag-libya tag-politics tag-sudan tag-turkey tag-war wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The agreement between Egypt, Ethiopia and Sudan to resume GERD talks yesterday is <\/strong><strong>leading coverage on Egypt in the foreign press:<\/strong> We have the full story in this morning\u2019s Speed Round, above. Elsewhere, the UK <a href=\"https:\/\/www.independent.co.uk\/news\/world\/africa\/egypt-turkey-libya-deployment-el-sisi-khalifa-haftar-a9629661.html\">Independent<\/a> speculates about the likelihood of a direct conflict between Egypt and Turkey in Libya, while Egypt gets mention in connection with Libya in a Financial Times opinion piece headlined <a href=\"https:\/\/www.ft.com\/content\/fba7300d-6908-4200-906f-ac888ff1ea17\">Donald Trump\u2019s allies race for gains in a combustible Middle East<\/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\/diplomacy\/\">DIPLOMACY<\/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\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/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\/sudan\/\">Sudan<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/war\/\">war<\/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=\"573187\" 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=\"573187\">\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\/22\/new-3d-map-of-universe-sheds-light-on-gap-of-11-bn-years\/\">\r\n                            New 3D map of universe sheds light on \u201cgap\u201d of 11 bn years                        <\/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\/22\/new-3d-map-of-universe-sheds-light-on-gap-of-11-bn-years\/\" 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\/22\/new-3d-map-of-universe-sheds-light-on-gap-of-11-bn-years\/')\">\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\/22\/new-3d-map-of-universe-sheds-light-on-gap-of-11-bn-years\/\">\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=New 3D map of universe sheds light on \u201cgap\u201d of 11 bn years&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/new-3d-map-of-universe-sheds-light-on-gap-of-11-bn-years\/\">\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\/22\/new-3d-map-of-universe-sheds-light-on-gap-of-11-bn-years\/&title=New 3D map of universe sheds light on \u201cgap\u201d of 11 bn years\">\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=New+3D+map+of+universe+sheds+light+on+%E2%80%9Cgap%E2%80%9D+of+11+bn+years+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F22%2Fnew-3d-map-of-universe-sheds-light-on-gap-of-11-bn-years%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\/22\/new-3d-map-of-universe-sheds-light-on-gap-of-11-bn-years\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/187.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"573188\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/new-3d-map-of-universe-sheds-light-on-gap-of-11-bn-years\/187-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/187.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"187.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/187.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/187.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573187\" class=\"content-area-description single-story post-573187 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>New 3D map of universe sheds light on \u201cgap\u201d of 11 bn years:<\/strong> A new comprehensive 3D map of the universe compiled from data gathered by the <a href=\"https:\/\/www.sdss.org\/press-releases\/no-need-to-mind-the-gap\/\">Sloan Digital Sky Survey<\/a> (SDSS), tracks its expansion from the Big Bang to the present, capturing some 4 mn galaxies, and helping scientists fill in gaps in their knowledge of cosmological history while also raising novel questions about the fundamental laws of nature. Some 11 bn years in the mid-period of the universe\u2019s expansion, previously unaccounted for, can now be seen and explained. However, the new data also reveals a different expansion rate in the current era compared to the early millenia, giving scientists a new puzzle to solve.<\/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\/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=\"573189\" 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=\"573189\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/egypt-is-shoring-up-russian-support-in-libya-cairo-buys-115k-tons-ukranian-wheat\/\">\r\n                            Egypt is shoring up Russian support in Libya; Cairo buys 115k tons Ukranian wheat                        <\/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\/22\/egypt-is-shoring-up-russian-support-in-libya-cairo-buys-115k-tons-ukranian-wheat\/\" 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\/22\/egypt-is-shoring-up-russian-support-in-libya-cairo-buys-115k-tons-ukranian-wheat\/')\">\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\/22\/egypt-is-shoring-up-russian-support-in-libya-cairo-buys-115k-tons-ukranian-wheat\/\">\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 is shoring up Russian support in Libya; Cairo buys 115k tons Ukranian wheat&url=https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/egypt-is-shoring-up-russian-support-in-libya-cairo-buys-115k-tons-ukranian-wheat\/\">\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\/22\/egypt-is-shoring-up-russian-support-in-libya-cairo-buys-115k-tons-ukranian-wheat\/&title=Egypt is shoring up Russian support in Libya; Cairo buys 115k tons Ukranian wheat\">\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+is+shoring+up+Russian+support+in+Libya%3B+Cairo+buys+115k+tons+Ukranian+wheat+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F07%2F22%2Fegypt-is-shoring-up-russian-support-in-libya-cairo-buys-115k-tons-ukranian-wheat%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\/22\/egypt-is-shoring-up-russian-support-in-libya-cairo-buys-115k-tons-ukranian-wheat\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573189\" class=\"content-area-description single-story post-573189 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-commodities tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam tag-europe tag-libya tag-politics tag-russia tag-sameh-shoukry tag-sergey-lavrov tag-ukraine tag-us tag-war tag-wheat wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt is shoring up Russian support in Libya<\/strong> after Foreign Minister Sameh Shoukry yesterday discussed Egypt\u2019s proposal to end the Libyan conflict during a phone call with Russian FM Sergey Lavrov. Egypt\u2019s proposed roadmap to peace \u2014 known as the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/38833ec4-0b6c-42b6-8d9d-2d74307b8f57\">Cairo Declaration<\/a> \u2014 has received lukewarm responses from <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8b40a6f9-53e4-4516-b8ee-889c6a1a3ec4\">the US<\/a> and <a href=\"https:\/\/www.aa.com.tr\/en\/europe\/cairo-declaration-on-libya-unacceptable-for-eu\/1869342\">the EU<\/a> for being outside the Berlin process. Shoukry yesterday insisted that the proposal complements the UN-led peace plan and is the option preferred by Libyans, ministry spokesperson Ahmed Hafez said in <a href=\"https:\/\/bit.ly\/3eO1ZlA\">a statement<\/a>. This comes a day after <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d8575e45-0a80-4e44-be4c-794ab7207517\">ex-foreign minister Nabil Fahmy said<\/a> that the government should look to Moscow to influence the conflict in its favor, rather than Washington.<\/p>\n<p><strong>Egypt purchased 115k tons of Ukrainian wheat<\/strong> in an international tender yesterday, <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKCN24M2WJ\">Reuters<\/a> reports. State grain buyer the General Authority for Supply Commodities was looking to buy an unspecified amount of the commodity for shipment from 21-31 August in yesterday\u2019s tender.<\/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\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/europe\/\">Europe<\/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\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sameh-shoukry\/\">Sameh Shoukry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sergey-lavrov\/\">Sergey Lavrov<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ukraine\/\">Ukraine<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/war\/\">war<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wheat\/\">wheat<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573193\" 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=\"573193\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/the-market-yesterday-134\/\">\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\/22\/the-market-yesterday-134\/\" 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\/22\/the-market-yesterday-134\/')\">\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\/22\/the-market-yesterday-134\/\">\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\/22\/the-market-yesterday-134\/\">\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\/22\/the-market-yesterday-134\/&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%2F22%2Fthe-market-yesterday-134%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\/22\/the-market-yesterday-134\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573193\" class=\"content-area-description single-story post-573193 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><p><strong>EGP \/ USD CBE market average: <\/strong>Buy 15.92 | Sell 16.02<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.92 | Sell 16.02<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.92 | Sell 16.02<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 10,558 (+1.7%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.3 bn (41% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -24.4%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session up 1.7%. CIB, the index\u2019s heaviest constituent, ended up 2.7%. EGX30\u2019s top performing constituents were Porto Group up 9.3%, Palm Hills up 3.3%, and Sidi Kerir up 3.3%. Yesterday\u2019s worst performing stocks were Ibnsina Pharma down 3.8%, Egypt Kuwait Holding down 0.4% and Credit Agricole down 0.4%. The market turnover was EGP 1.3 bn, and regional investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net long | EGP +15.2 mn<br \/>\n <strong>Regional<\/strong>: Net short | EGP -22.0 mn<br \/>\n <strong>Domestic<\/strong>: Net long | EGP +6.8 mn<\/p>\n<p><strong>Retail<\/strong>: 55.7% of total trades | 53.5% of buyers | 57.8% of sellers<br \/>\n <strong>Institutions<\/strong>: 44.3% of total trades | 46.5% of buyers | 42.2% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 41.96 (+2.82%)<br \/>\n <strong>Brent:<\/strong> USD 43.96 (+1.57%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 1.68 MMBtu, (+2.07%, August 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,841.92 \/ troy ounce (+0.01%)<\/p>\n<p><strong>TASI:<\/strong> 7,417 (+0.54%) (YTD: -11.59%)<br \/>\n <strong>ADX:<\/strong> 4,256 (+0.43%) (YTD: -16.14%)<br \/>\n <strong>DFM:<\/strong> 2,088 (+1.14%) (YTD: -24.46%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,420 (-0.2%)<br \/>\n <strong>QE:<\/strong> 9,396 (+0.26%) (YTD: -9.87%)<br \/>\n <strong>MSM:<\/strong> 3,746 (+0.51%) (YTD: -12.67%)<br \/>\n <strong>BB: <\/strong>1,302 (+0.73%) (YTD: -19.08%)<\/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=\"573194\" 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\/22\/573194\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573194\" class=\"content-area-description single-story post-573194 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>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>9-10 August (Sunday-Monday): Egyptian expats vote by post in Senate elections.<\/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 and students in <a href=\"https:\/\/bit.ly\/3eRqo9E\">public universities<\/a><\/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":573165,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-573164","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"aafef361-96be-4e12-9357-c07dab9c6e7a","teaser":"","photo_url":"https:\/\/ent.news\/2020\/7\/179.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>Of green bonds and tuition caps to send you into your long weekend. 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See you back here on Sunday. - 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\/of-green-bonds-and-tuition-caps-to-send-you-into-your-long-weekend-see-you-back-here-on-sunday\/","og_locale":"en_US","og_type":"article","og_title":"Of green bonds and tuition caps to send you into your long weekend. 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