{"id":573584,"date":"2020-08-11T04:28:13","date_gmt":"2020-08-11T04:28:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=573584"},"modified":"2025-12-16T09:13:35","modified_gmt":"2025-12-16T09:13:35","slug":"our-poll-sees-cbe-leaving-rates-on-hold-inflation-down-in-july","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/our-poll-sees-cbe-leaving-rates-on-hold-inflation-down-in-july\/","title":{"rendered":"Our poll sees CBE leaving rates on hold, inflation down in July"},"content":{"rendered":"<section id=\"573586\" 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=\"573586\">\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\/08\/11\/what-were-tracking-on-11-august-2020\/\">\r\n                            What we\u2019re tracking on 11 August 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\/08\/11\/what-were-tracking-on-11-august-2020\/\" target=\"_blank\">\n                    Open in new tab                    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category-what-were-tracking-today tag-alaa-akel tag-commodities tag-egyptian-commodities-exchange tag-emmanuel-macron tag-enterpriseam tag-hurghada tag-lebanon tag-sharm-el-sheikh tag-supply-ministry tag-tourism 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 what is shaping up to be a busy news day.<\/strong><\/p><p><strong>The IMF (quietly) released overnight its staff report on Egypt\u2019s USD 8 bn pandemic aid package.<\/strong> The report includes everything from the fund\u2019s take on the government\u2019s post-pandemic response, to the ongoing reforms the government has committed to, and the IMF\u2019s outlook on the country\u2019s key macro indicators.<\/p><p><strong>The report came as inflation figures showed a cooldown in prices in July<\/strong> after an uptick in June.<\/p><p><strong>The decelerating inflation suggests the Central Bank of Egypt\u2019s Monetary Policy Committee will leave rates on hold<\/strong> this Thursday for the fourth consecutive meeting after its historic 300-bps rate cut <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f2e78eb3-6978-4eb5-a04f-a3b7247293ed\">back in March<\/a>, nine of 10 analysts and economists we surveyed said.<\/p><p><strong>We have the details on all three stories and more in this morning\u2019s Speed Round<\/strong>, below.<\/p><hr class=\"grey-line\"><p><strong>Egyptians here at home head to the polls today and tomorrow to elect representatives to<\/strong><strong> the newly reinstated Senate.<\/strong> Expats cast their ballots earlier this week.<\/p><p><strong>RiseUp is holding a three-day digital conference starting Thursday: <\/strong><a href=\"https:\/\/riseupfromhome.riseup.co\/home\">RiseUp from Home<\/a> will bring together regional entrepreneurs for its first event since the onset of the pandemic and feature talks from some regional entrepreneurs, investors and business experts.<\/p><p><strong>The Supply Ministry will inaugurate the Egyptian Commodity Exchange before <\/strong><strong>August is out<\/strong>, Minister Aly El Moselhy <a href=\"https:\/\/alborsaanews.com\/2020\/08\/10\/1373098\">said yesterday<\/a>. The exchange (<a href=\"http:\/\/www.egycomex.com\/\">website<\/a>) was <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/75cc4fe3-c649-41cd-83b3-f999dec7badc\">approved by the cabinet economic group<\/a> early this year. A senior government source <a href=\"https:\/\/almalnews.com\/%d9%85%d8%b5%d8%af%d8%b1-%d8%a8%d8%a7%d9%84%d8%aa%d9%85%d9%88%d9%8a%d9%86-%d8%a8%d8%af%d8%a1-%d8%a7%d9%84%d8%aa%d8%af%d8%a7%d9%88%d9%84-%d9%81%d9%8a-%d8%a7%d9%84%d8%a8%d9%88%d8%b1%d8%b5%d8%a9-%d8%a7\/\">had previously said<\/a> that trading would begin on wheat, rice, corn, potatoes, onions, and oranges in September.<\/p><p><strong>The Egyptian Export Council of Medical Industries (ECMI) plans to double the value of<\/strong><strong> Egypt\u2019s medical exports to exceed USD 1 bn<\/strong> over three years, ECMI head Maged George said yesterday, according to a <a href=\"https:\/\/bit.ly\/2DW3q4n\">cabinet statement<\/a>. ECMI is looking to push more pharma products and medical supplies to Saudi Arabia, Yemen, Sudan, the UAE, Iraq, Jordan, Libya, Lebanon, and Germany.<\/p><p><strong>COVID-19 IN EGYPT-<\/strong><\/p><p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/3fJh9c7\">confirmed<\/a><\/strong><strong> 26 new deaths from covid-19 yesterday<\/strong>, bringing the country\u2019s total death toll to 5,035. Egypt has now disclosed a total of 95,666 confirmed cases of covid-19, after the ministry reported <strong>174 new infections yesterday<\/strong>. We now have a total of 53,779 confirmed cases that have fully recovered.<\/p><p><strong>The Health Ministry is reopening 21 covid-19 isolation facilities to handle cases with<\/strong><strong> medium to severe symptoms<\/strong>, according to <a href=\"https:\/\/bit.ly\/31BUtFL\">Youm7<\/a>. The head of Matrouh\u2019s Al Negila Hospital \u2014 which was Egypt\u2019s first isolation facility when the pandemic broke out \u2014 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c3974afe-238f-4f21-928a-10c96fa2bcd3\">said earlier this week<\/a> that the directive comes as the ministry is gearing up for an anticipated second wave of infections.<\/p><p><strong>Five weekly flights from Serbia and Romania are set to land in Hurghada<\/strong>, with the first flight expected to land in the coming days as international travel continues to pick up, Chairman of the Egyptian Hotels Association in the Red Sea Alaa Akel told <a href=\"https:\/\/bit.ly\/2DGheAe\">Al Mal<\/a>.<\/p><p><strong>Meanwhile, British budget airliner EasyJet is set to resume flights to Sharm El Sheikh<\/strong><strong> and Hurghada as of next month<\/strong>, Civil Aviation Authority head Ashraf Noweir said, according to <a href=\"https:\/\/bit.ly\/3iFEEVB\">Al Mal<\/a>. The airliner will operate two weekly flights to Sharm El Sheikh and one weekly flight to Hurghada.<\/p><p><strong>IATA regs on airline ticket cancellation insurance has tour operators in a crunch:<\/strong> The International Air Transport Association (IATA) has recently issued new rules requiring tourism companies to submit bank guarantees worth EGP 200k as insurance against the non-payment or cancellation of airline tickets, <a href=\"https:\/\/bit.ly\/30HfNui\">Hapi Journal<\/a> reports. IATA had previously accepted regular insurance documentation. The Egyptian Travel Agencies Association, a local lobby group, is currently preparing an appeal to the government against the new rules.<\/p><p><strong>DONATIONS-<\/strong><\/p><p><strong>The Oil Ministry has organized an initiative to raise EGP 5.4 mn from international <\/strong><strong>oil companies in Egypt<\/strong> to purchase medical equipment for healthcare workers on the frontlines of covid-19, according to <a href=\"https:\/\/bit.ly\/3kqht3b\">a cabinet statement<\/a>. The contributing companies include Shell, ExxonMobil, Total, Schlumberger, Bechtel, Wintershall DEA, Kuwait Energy, Apex, Enap Sipetrol, Energean, Dana Gas, TransGlobe Energy, Neptune, Petronas, Cheiron Petroleum and IPR.<\/p><hr class=\"grey-line\"><p><strong>Lebanon\u2019s government officially stepped down yesterday in response to mounting public<\/strong><strong> anger<\/strong> over last week\u2019s deadly Beirut explosion, which killed at least 163 people. In a speech announcing his cabinet\u2019s resignation, Prime Minister Hassan Diab said the blast was the result of corruption that is \u201cgreater than the state,\u201d and pointed a finger of blame at the \u201cpolitical elite\u201d for blocking reforms for years, according to <a href=\"https:\/\/www.reuters.com\/article\/us-lebanon-security-blast\/lebanese-government-quits-amid-fury-over-beirut-blast-idUSKCN2560XY\">Reuters<\/a>. President Michel Aoun accepted the resignation, but asked Diab\u2019s government to stay on in a caretaker capacity.<\/p><p><strong>The government stepping down threatens to worsen Lebanon\u2019s political and economic crisis<\/strong>, the newswire notes. Negotiations with the IMF on a bailout package have already been stalled, and are now at risk of running into more roadblocks.<\/p><hr class=\"grey-line\"><p><strong>The outlook for emerging markets this week is somewhat wobbly<\/strong> as US-China trade tensions, a sliding Turkish lira, and US President Donald Trump\u2019s latest executive orders have driven up implied currency volatility across EMs, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-08-09\/emerging-market-volatility-bets-rise-as-trifecta-of-risks-loom?sref=mmeFTDW1\">Bloomberg<\/a> reports. The \u201ctrio of risks\u201d made its mark on exchange-traded funds that buy EM stocks and bonds, which last week reversed a four-week streak of inflows as investors began to pull out.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/MA-August-2020-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>The past six weeks saw the biggest summer M&amp;A boom since 2007:<\/strong> There have been eight mega M&amp;A agreements worth more than USD 10 bn since the beginning of July as companies look to lock-in acquisitions ahead of an expected recession, according to <a href=\"https:\/\/www.ft.com\/content\/59378fea-79a9-4684-ae03-a41798a6245c\">the Financial Times<\/a>. The last time we saw this volume of blockbuster agreements at the beginning of 2H was in 2007, before the global financial crisis. The coming few weeks are expected to see the trend hold up, \u201cbarring a major event that brings things to a halt,\u201d says Alison Harding-Jones, head of M&amp;A for Europe, the Middle East and Africa at Citigroup.<\/p><p><strong>Gold to USD 4k?<\/strong> Gold prices could double to USD 4k per ounce in the coming three years due to money-printing presses across the world running red hot as policymakers fight the economic fallout caused by the pandemic, analysts tell <a href=\"https:\/\/www.cnbc.com\/2020\/08\/10\/gold-prices-amid-coronavirus-pandemic-and-us-elections.html\">CNBC<\/a>. Gold surged above USD 2k for the first time ever last week as plunging yields and fears of inflation continued to push investors into the precious metal.<\/p><p><strong>Analysts warn investor zeal for biotech firms may be overdone:<\/strong> US-listed biotech companies have smashed capital-raising records this year, raising some USD 9.4 bn in IPOs this year (surpassing 2018\u2019s record USD 6.5 bn), and another USD 32 bn in record-high follow-on offerings, but biotech stocks tend to be volatile, analysts note. The surge is particularly problematic for companies that appear to be rallying on the potential development of a vaccine, the <a href=\"https:\/\/www.wsj.com\/articles\/during-covid-19-pandemic-biotech-ipos-already-surpass-record-11597051800?mod=hp_lead_pos5\">Wall Street Journal<\/a>says.<\/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\/8\/somabay-aug1-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>China is placing unspecified retaliatory sanctions on 11 US officials who \u201cbehaved<\/strong><strong> badly on Hong Kong related issues,\u201d<\/strong> said Foreign Ministry spokesman Zhao Lijian, according to <a href=\"https:\/\/www.wsj.com\/articles\/china-imposes-sanctions-on-11-americans-over-hong-kong-11597056487\">the Wall Street Journal<\/a>. The sanctions are a tit-for-tat move after the US last week imposed similar measures on 11 Chinese officials for encroachment on freedoms in Hong Kong.<\/p><p><strong>US House Democrats are less than enthused about executive orders President<\/strong><strong> Donald Trump issued over the weekend<\/strong> allowing tax deferrals, eviction protections, and reduced unemployment benefits, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-08-08\/trump-to-sign-action-on-coronavirus-relief-at-news-conference\">Bloomberg<\/a> reports. The executive orders, which among other things allow companies to defer payroll taxes from 1 September through 31 December \u201cendangers seniors\u2019 Social Security and Medicare,\u201d House Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer said in a joint statement. Reduced unemployment benefits will continue to be disbursed, but the USD 400 \/ week payouts (down from USD 600 previously) is said to be insufficient for struggling workers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/alaa-akel\/\">Alaa Akel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-commodities-exchange\/\">Egyptian Commodities Exchange<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a 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roundup of talk shows will be on hiatus for the next two weeks<\/strong> \u2014 even the wicked need some rest every now and then.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573589\" 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=\"573589\">\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\/08\/11\/egypts-inflation-decelerated-in-july-to-4-2-below-expectations\/\">\r\n                            Egypt\u2019s inflation decelerated in July to 4.2%, below expectations                        <\/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\/08\/11\/egypts-inflation-decelerated-in-july-to-4-2-below-expectations\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                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below expectations&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/egypts-inflation-decelerated-in-july-to-4-2-below-expectations\/\">\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\/08\/11\/egypts-inflation-decelerated-in-july-to-4-2-below-expectations\/&title=Egypt\u2019s inflation decelerated in July to 4.2%, below expectations\">\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 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wp-post-image\" alt=\"\" data-attachment-id=\"573590\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/egypts-inflation-decelerated-in-july-to-4-2-below-expectations\/75-jpg-18\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/75.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"75.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/75.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/75.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573589\" class=\"content-area-description single-story post-573589 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-allen-sandeep tag-capmas tag-electricity tag-enterpriseam tag-food-and-beverage tag-inflation tag-monetary-policy tag-naeem-brokerage tag-radwa-el-swaify tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-01\" class=\"content-anchor\"><\/a> <strong>Annual headline inflation decelerated to 4.2% in July, down from an uptick to 5.6% in<\/strong><strong> June<\/strong>, according to <a href=\"https:\/\/ent.news\/2020\/8\/CPI_press-release_July-2020-1.pdf\">central bank figures (pdf)<\/a>. The central bank attributed the decline to a favorable base effect. Monthly headline urban figures remained restrained at 0.4% in July, compared to 1.8% during the same month last year, and to 0.1% in June. Head of research at Naeem Brokerage Allen Sandeep described the drop in the annual rate as a \u201cpositive surprise,\u201d <a href=\"https:\/\/af.reuters.com\/article\/commoditiesNews\/idAFL8N2FC119\">Reuters<\/a> reports.<\/p>\n<p><strong>Food prices continue their decline, electricity spikes up:<\/strong> Food and drinks prices fell for the third consecutive month, dropping 1.5%, according to state statistics agency <a href=\"https:\/\/www.capmas.gov.eg\/Pages\/ShowHmeNewsPDF.aspx?page_id=\/Admin\/News\/PressRelease\/20208108211_%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86%20%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%8A%2007-2020.pdf&Type=News\">Capmas<\/a>. All food items saw price drops, with the exception of fruits, the prices of which rose 9.7%. Lower-than-customary consumer demand ahead of and during Eid El Adha last month was likely due to concerns over spending at a time of uncertainty, Sandeep told the newswire service. Electricity and energy prices rose by 11.6% \u2014 following <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/78b3ac0c-8571-47a4-802c-abf1b65a5044\">rate increases<\/a> that came into effect on 1 July \u2014 contributing to the 2.2% annual increase in July for the housing, water and energy bracket.<\/p>\n<p><strong>Core inflation falls:<\/strong> Annual core inflation, which doesn\u2019t account for volatile items such as food and fuel, recorded 0.7% in July from 1.0% in June. The price of core items fell -0.1% during the month, compared to a 0.3% increase in June.<\/p>\n<p><strong>Forecast ahead:<\/strong> Pharos Holdings expects the annual inflation rate to moderately climb to 4.5% in August, 5-5.5% in September through to November, and end the year at 6%, head of research Radwa ElSwaify told Enterprise.<\/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\/allen-sandeep\/\">Allen Sandeep<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/capmas\/\">CAPMAS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/electricity\/\">electricity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/food-and-beverage\/\">food and beverage<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/naeem-brokerage\/\">Naeem Brokerage<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/radwa-el-swaify\/\">Radwa El Swaify<\/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=\"573606\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573607\" 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=\"573607\">\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\/08\/11\/egypt-in-the-news-on-11-july-2020-2\/\">\r\n                            Egypt in the news on 11 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\/08\/11\/egypt-in-the-news-on-11-july-2020-2\/\" target=\"_blank\">\n    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target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the news on 11 July 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/egypt-in-the-news-on-11-july-2020-2\/\">\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\/08\/11\/egypt-in-the-news-on-11-july-2020-2\/&title=Egypt in the news on 11 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+11+July+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F11%2Fegypt-in-the-news-on-11-july-2020-2%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\/08\/11\/egypt-in-the-news-on-11-july-2020-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573607\" class=\"content-area-description single-story post-573607 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-politics wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s another blessedly quiet morning for Egypt in the foreign press.<\/strong> <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-tahrir-square\/cairos-tahrir-square-gets-a-contested-makeover-idUSKCN25620A\">Reuters<\/a> was out with a piece on the diverging opinions on the recent overhaul of Tahrir Square, which some say has a \u201cgrandiose effect\u201d and others see as a more symbolic move on the public space.<\/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-in-the-news\/\">Egypt in the News<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573608\" 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=\"573608\">\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\/08\/11\/cnn-to-run-promotional-video-for-gem\/\">\r\n                            CNN to run promotional video for GEM                        <\/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\/08\/11\/cnn-to-run-promotional-video-for-gem\/\" 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\/08\/11\/cnn-to-run-promotional-video-for-gem\/')\">\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\/08\/11\/cnn-to-run-promotional-video-for-gem\/\">\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=CNN to run promotional video for GEM&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/cnn-to-run-promotional-video-for-gem\/\">\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\/08\/11\/cnn-to-run-promotional-video-for-gem\/&title=CNN to run promotional video for GEM\">\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=CNN+to+run+promotional+video+for+GEM+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F11%2Fcnn-to-run-promotional-video-for-gem%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\/08\/11\/cnn-to-run-promotional-video-for-gem\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/83.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"573609\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/cnn-to-run-promotional-video-for-gem\/83-jpg-16\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/83.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"83.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/83.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/83.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573608\" class=\"content-area-description single-story post-573608 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-cnn tag-enterpriseam tag-film tag-grand-egyptian-museum tag-tourism-and-antiquities-ministry tag-worth-watching 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-08\"><\/a> <strong>CNN Travel has released a promotional video on the long-awaited Grand Egyptian<\/strong><strong> Museum<\/strong> (GEM), following a <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/11\/tourism-ministry-announces-partnerships-with-six-international-media-companies\/\">partnership<\/a> the network signed with the Tourism Ministry to promote Egyptian tourism (<a href=\"https:\/\/edition.cnn.com\/travel\/videos\/travel\/2020\/08\/06\/egypt-cairo-museum.cnn\">watch, runtime: 22:59<\/a>). The =video highlights GEM\u2019s exhibition halls, the great staircase, and the lobby where a statue of King Ramses II stands receiving visitors, as well as many of the priceless artifacts featured in the museum.<\/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\/cnn\/\">CNN<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/film\/\">film<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/grand-egyptian-museum\/\">Grand Egyptian Museum<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism-and-antiquities-ministry\/\">Tourism and Antiquities Ministry<\/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=\"573610\" 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=\"573610\">\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\/08\/11\/diplomacy-foreign-trade-on-11-august-2020-gerd-negotiations-pushed-for-one-week\/\">\r\n                            Diplomacy + Foreign Trade on 11 August 2020: GERD negotiations pushed for one week                        <\/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\/08\/11\/diplomacy-foreign-trade-on-11-august-2020-gerd-negotiations-pushed-for-one-week\/\" 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\/08\/11\/diplomacy-foreign-trade-on-11-august-2020-gerd-negotiations-pushed-for-one-week\/')\">\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\/08\/11\/diplomacy-foreign-trade-on-11-august-2020-gerd-negotiations-pushed-for-one-week\/\">\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=Diplomacy + Foreign Trade on 11 August 2020: GERD negotiations pushed for one week&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/diplomacy-foreign-trade-on-11-august-2020-gerd-negotiations-pushed-for-one-week\/\">\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\/08\/11\/diplomacy-foreign-trade-on-11-august-2020-gerd-negotiations-pushed-for-one-week\/&title=Diplomacy + Foreign Trade on 11 August 2020: GERD negotiations pushed for one week\">\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=Diplomacy+%2B+Foreign+Trade+on+11+August+2020%3A+GERD+negotiations+pushed+for+one+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F11%2Fdiplomacy-foreign-trade-on-11-august-2020-gerd-negotiations-pushed-for-one-week%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\/08\/11\/diplomacy-foreign-trade-on-11-august-2020-gerd-negotiations-pushed-for-one-week\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573610\" class=\"content-area-description single-story post-573610 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam tag-ethiopia tag-gerd tag-nile-basin tag-sudan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>GERD negotiations postponed for one week: <\/strong>Egypt, Ethiopia, and Sudan have agreed to postpone the Grand Ethiopian Renaissance Dam (GERD) negotiations for one week, during which the ministers will agree on an agenda and the participants of the next meeting, <a href=\"https:\/\/bit.ly\/3aatXXY\">Egypt\u2019s cabinet said<\/a>. The statement made no mention of whether Sudan attended yesterday\u2019s meeting, after Khartoum said <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e2814907-6c27-4fbd-b5a8-08b5f653f687\">earlier this week<\/a> it planned to boycott due to Ethiopia\u2019s refusal to commit to a filling timetable for the dam\u2019s reservoir. Ethiopia made a proposal to the two countries ahead of a round of talks that took place on 3 August. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c2fae738-7b8e-4c58-a8f0-9ed5c69e4165\">The proposal was said<\/a> to have dodged mention of a binding dispute resolution mechanism and left and left out key operating guidelines for the dam, prompting Egypt and Sudan to walk away from the negotiations table for \u201cinternal consultations.\u201d<\/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\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nile-basin\/\">Nile Basin<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573611\" 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=\"573611\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/eetc-cancels-tenders-for-setting-up-west-nile-wind-solar-power-plants\/\">\r\n                            EETC cancels tenders for setting up West Nile wind, solar power plants                        <\/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\/08\/11\/eetc-cancels-tenders-for-setting-up-west-nile-wind-solar-power-plants\/\" 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\/08\/11\/eetc-cancels-tenders-for-setting-up-west-nile-wind-solar-power-plants\/')\">\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\/08\/11\/eetc-cancels-tenders-for-setting-up-west-nile-wind-solar-power-plants\/\">\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=EETC cancels tenders for setting up West Nile wind, solar power plants&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/eetc-cancels-tenders-for-setting-up-west-nile-wind-solar-power-plants\/\">\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\/08\/11\/eetc-cancels-tenders-for-setting-up-west-nile-wind-solar-power-plants\/&title=EETC cancels tenders for setting up West Nile wind, solar power plants\">\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=EETC+cancels+tenders+for+setting+up+West+Nile+wind%2C+solar+power+plants+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F11%2Feetc-cancels-tenders-for-setting-up-west-nile-wind-solar-power-plants%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\/08\/11\/eetc-cancels-tenders-for-setting-up-west-nile-wind-solar-power-plants\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573611\" class=\"content-area-description single-story post-573611 post type-post status-publish format-standard hentry category-energy tag-eetc tag-egyptian-electricity-transmission-company tag-energy tag-enterpriseam tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Electricity Transmission Company (EETC) has canceled tenders for a 250 MW wind power plant and a 200 MW solar power plant in the West Nile Delta, the <a href=\"https:\/\/www.alborsaanews.com\/2020\/08\/09\/1372471\">local press<\/a> reports, citing a note sent by the EETC to bidding companies. The note did not explain the cancellation, but the press cites unnamed government sources as saying the Electricity Ministry made the decision due to a lack of demand for the \u201csurplus\u201d power. As many as <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/41fb3ea2-31f3-4b9a-b06e-953de6e36429\">12 local and foreign companies were bidding<\/a> to build the solar plant in the West Nile Delta.<\/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\/eetc\/\">EETC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-electricity-transmission-company\/\">Egyptian Electricity Transmission Company<\/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\/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=\"573613\" 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=\"573613\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/egypts-eda-upjohn-iqvia-to-automate-prescription-only-meds-distribution\/\">\r\n                            Egypt\u2019s EDA, Upjohn, Iqvia to automate prescription-only meds distribution                        <\/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\/08\/11\/egypts-eda-upjohn-iqvia-to-automate-prescription-only-meds-distribution\/\" 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\/08\/11\/egypts-eda-upjohn-iqvia-to-automate-prescription-only-meds-distribution\/')\">\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\/08\/11\/egypts-eda-upjohn-iqvia-to-automate-prescription-only-meds-distribution\/\">\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 EDA, Upjohn, Iqvia to automate prescription-only meds distribution&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/egypts-eda-upjohn-iqvia-to-automate-prescription-only-meds-distribution\/\">\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\/08\/11\/egypts-eda-upjohn-iqvia-to-automate-prescription-only-meds-distribution\/&title=Egypt\u2019s EDA, Upjohn, Iqvia to automate prescription-only meds distribution\">\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+EDA%2C+Upjohn%2C+Iqvia+to+automate+prescription-only+meds+distribution+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F11%2Fegypts-eda-upjohn-iqvia-to-automate-prescription-only-meds-distribution%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\/08\/11\/egypts-eda-upjohn-iqvia-to-automate-prescription-only-meds-distribution\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573613\" class=\"content-area-description single-story post-573613 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health-education tag-healthcare tag-pfizer tag-pharma tag-regulation wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt\u2019s pharma regulator EDA has signed a cooperation protocol with Pfizer's Upjohn and <a href=\"https:\/\/www.iqvia.com\/locations\/middle-east-and-africa\">healthtech company Iqvia<\/a> to better control the distribution process of prescription-only medication through a streamlined automated system, according to <a href=\"https:\/\/bit.ly\/33KO0Lp\">a cabinet statement<\/a> that was otherwise scant on 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\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/healthcare\/\">healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pfizer\/\">Pfizer<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pharma\/\">pharma<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation\/\">regulation<\/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=\"573614\" 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=\"573614\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/chinas-cscec-to-build-mixed-use-complex-in-south-side-of-egypts-new-alamein\/\">\r\n                            China\u2019s CSCEC to build mixed-use complex in south side of Egypt\u2019s New Alamein                        <\/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\/08\/11\/chinas-cscec-to-build-mixed-use-complex-in-south-side-of-egypts-new-alamein\/\" 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\/08\/11\/chinas-cscec-to-build-mixed-use-complex-in-south-side-of-egypts-new-alamein\/')\">\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\/08\/11\/chinas-cscec-to-build-mixed-use-complex-in-south-side-of-egypts-new-alamein\/\">\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=China\u2019s CSCEC to build mixed-use complex in south side of Egypt\u2019s New Alamein&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/chinas-cscec-to-build-mixed-use-complex-in-south-side-of-egypts-new-alamein\/\">\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\/08\/11\/chinas-cscec-to-build-mixed-use-complex-in-south-side-of-egypts-new-alamein\/&title=China\u2019s CSCEC to build mixed-use complex in south side of Egypt\u2019s New Alamein\">\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=China%E2%80%99s+CSCEC+to+build+mixed-use+complex+in+south+side+of+Egypt%E2%80%99s+New+Alamein+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F11%2Fchinas-cscec-to-build-mixed-use-complex-in-south-side-of-egypts-new-alamein%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\/08\/11\/chinas-cscec-to-build-mixed-use-complex-in-south-side-of-egypts-new-alamein\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573614\" class=\"content-area-description single-story post-573614 post type-post status-publish format-standard hentry category-real-estate-housing tag-china-state-construction-engineering-corporation tag-construction tag-enterpriseam tag-new-alamein tag-real-estate tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>China State Construction Engineering Corporation (CSCEC) will build a mixed-use complex in the southern region of New Alamein planned to be a tourist attraction, cabinet spokesman Nader Saad said, according to <a href=\"https:\/\/bit.ly\/2DQRqRM\">Al Mal<\/a>. CSCEC, the world\u2019s largest construction outfit by revenue, is also <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/14\/cscec-invests-usd-3-bn-in-development-of-business-district-in-new-capital\/\">investing USD 3 bn<\/a> in the new capital\u2019s business district.<\/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\/china-state-construction-engineering-corporation\/\">China State Construction Engineering Corporation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/construction\/\">construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-alamein\/\">New Alamein<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/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=\"573616\" 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=\"573616\">\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\/08\/11\/allianz-to-insure-cibs-cyber-risks-of-banking-services\/\">\r\n                            Allianz to insure CIB\u2019s cyber risks of banking services                        <\/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\/08\/11\/allianz-to-insure-cibs-cyber-risks-of-banking-services\/\" 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\/08\/11\/allianz-to-insure-cibs-cyber-risks-of-banking-services\/')\">\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\/08\/11\/allianz-to-insure-cibs-cyber-risks-of-banking-services\/\">\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=Allianz to insure CIB\u2019s cyber risks of banking services&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/allianz-to-insure-cibs-cyber-risks-of-banking-services\/\">\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\/08\/11\/allianz-to-insure-cibs-cyber-risks-of-banking-services\/&title=Allianz to insure CIB\u2019s cyber risks of banking services\">\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=Allianz+to+insure+CIB%E2%80%99s+cyber+risks+of+banking+services+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F11%2Fallianz-to-insure-cibs-cyber-risks-of-banking-services%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\/08\/11\/allianz-to-insure-cibs-cyber-risks-of-banking-services\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573616\" class=\"content-area-description single-story post-573616 post type-post status-publish format-standard hentry category-banking-finance tag-allianz tag-banking-finance tag-cib tag-cybersecurity tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>CIB has signed a contract with Allianz to provide an insurance product that covers the cyber risks of banking services such as electronic piracy or damages to digital property, interruption, and investment expenditures, according to <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2008766\">Al Masry Al Youm<\/a>. The insurance policy, which is the first of its kind in Egypt, came into effect on 1 July 2020. No details have been provided on the cost of the contract.<\/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\/allianz\/\">Allianz<\/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\/cib\/\">CIB<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cybersecurity\/\">cybersecurity<\/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=\"573618\" 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=\"573618\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/gamal-abdel-nasser-to-be-played-by-egyptian-italian-actor-in-cnns-jerusalem\/\">\r\n                            Gamal Abdel Nasser to be played by Egyptian-Italian actor in CNN\u2019s \u2018Jerusalem\u2019                        <\/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\/08\/11\/gamal-abdel-nasser-to-be-played-by-egyptian-italian-actor-in-cnns-jerusalem\/\" 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\/08\/11\/gamal-abdel-nasser-to-be-played-by-egyptian-italian-actor-in-cnns-jerusalem\/')\">\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\/08\/11\/gamal-abdel-nasser-to-be-played-by-egyptian-italian-actor-in-cnns-jerusalem\/\">\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=Gamal Abdel Nasser to be played by Egyptian-Italian actor in CNN\u2019s \u2018Jerusalem\u2019&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/gamal-abdel-nasser-to-be-played-by-egyptian-italian-actor-in-cnns-jerusalem\/\">\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\/08\/11\/gamal-abdel-nasser-to-be-played-by-egyptian-italian-actor-in-cnns-jerusalem\/&title=Gamal Abdel Nasser to be played by Egyptian-Italian actor in CNN\u2019s \u2018Jerusalem\u2019\">\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=Gamal+Abdel+Nasser+to+be+played+by+Egyptian-Italian+actor+in+CNN%E2%80%99s+%E2%80%98Jerusalem%E2%80%99+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F11%2Fgamal-abdel-nasser-to-be-played-by-egyptian-italian-actor-in-cnns-jerusalem%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\/08\/11\/gamal-abdel-nasser-to-be-played-by-egyptian-italian-actor-in-cnns-jerusalem\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573618\" class=\"content-area-description single-story post-573618 post type-post status-publish format-standard hentry category-on-your-way-out tag-cnn tag-education tag-enterpriseam tag-gamal-abdel-nasser tag-history wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>CNN has cast Egyptian-Italian actor Fabio Abraham to portray former President Gamal<\/strong><strong> Abdel Nasser in docudrama \u201cJerusalem,\u201d<\/strong> which is set to be released in 2021, <a href=\"https:\/\/www.egypttoday.com\/Article\/4\/90628\/Egyptian-Italian-Fabio-Abraham-to-portray-Abdel-Nasser-in-CNN\">Egypt Today reports<\/a>. Jerusalem will be a six-part series on the history of the \"City of God\" from biblical times to the Roman Empire to the birth of the modern state, CNN said in a recent <a href=\"http:\/\/www.thefutoncritic.com\/news\/2020\/06\/24\/cnn-and-hln-announce-2020-2021-original-series-slate-377005\/20200624cnn01\/\">press release<\/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\/cnn\/\">CNN<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/gamal-abdel-nasser\/\">Gamal Abdel Nasser<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/history\/\">History<\/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=\"573619\" 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=\"573619\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/the-market-yesterday-144\/\">\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\/08\/11\/the-market-yesterday-144\/\" 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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CIB, the index\u2019s heaviest constituent, ended down 1.0%. EGX30\u2019s top performing constituents were Sidi Kerir Petrochemicals up 3.9%, Madinet Nasr Housing up 3.7%, and AMOC up 2.4%. Yesterday\u2019s worst performing stocks were Dice down 4.4%, Juhayna down 4.1% and GB Auto down 2.7%. The market turnover was EGP 1.2 bn, and domestic investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -98.1 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -7.2 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +105.3 mn<\/p>\n<p><strong>Retail<\/strong>: 77.5% of total trades | 78.0% of buyers | 77.1% of sellers<br \/>\n <strong>Institutions<\/strong>: 22.5% of total trades | 22.0% of buyers | 22.9% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 42.00 (+0.14%)<br \/>\n <strong>Brent:<\/strong> USD 44.99 (+1.33%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.17 MMBtu, (+0.60%, September 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 2,037.90 \/ troy ounce (-0.09%)<\/p>\n<p><strong>TASI:<\/strong> 7,535.96 (+0.08%) (YTD: -10.17%)<br \/>\n <strong>ADX:<\/strong> 4,353.17 (+0.51%) (YTD: -14.23%)<br \/>\n <strong>DFM:<\/strong> 2,093.80 (+0.01%) (YTD: -24.27%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,546.95 (+0.64%)<br \/>\n <strong>QE:<\/strong> 9,417.88 (+0.20%) (YTD: -9.67%)<br \/>\n <strong>MSM:<\/strong> 3,576.75 (-0.30%) (YTD: -10.16%)<br \/>\n <strong>BB: <\/strong>1,299.94 (+0.54%) (YTD: -19.27%)<\/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=\"573620\" 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\/08\/11\/573620\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573620\" class=\"content-area-description single-story post-573620 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>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): <a href=\"https:\/\/riseupfromhome.riseup.co\/home\">RiseUp from Home<\/a> digital event..<\/p>\n<p>16 August (Sunday): House of Representatives reconvenes after a brief recess.<\/p>\n<p>20 August (Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>6 September (Sunday): A <a href=\"https:\/\/bit.ly\/2DpmkkA\">postponed<\/a> Cairo Criminal Court trial of former Finance Minister Youssef Boutros Ghali over charges of issuing a decree in 2005 allowing cars confiscated by the Customs Authority to be released for his personal use.<\/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>20 September (Sunday): A Cairo administrative court is due to issue a ruling in a third-party lawsuit <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=26072020&id=ba514e75-6e4a-46ad-b8d1-bbc17912d90d\">demanding the government block YouTube in Egypt<\/a> for carrying an allegedly sacreligious video. The case is an infamous 2012-vintage lawsuit still wending its way through the courts.<\/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>16 September (Wednesday): The last day for the final results of the senate elections to be announced.<\/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":573585,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-573584","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"ef388dba-c82b-4fc1-999b-22bf408b9e10","teaser":"","photo_url":"https:\/\/ent.news\/2020\/8\/72.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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