{"id":573945,"date":"2020-08-25T04:14:01","date_gmt":"2020-08-25T04:14:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=573945"},"modified":"2025-12-16T09:26:06","modified_gmt":"2025-12-16T09:26:06","slug":"mps-are-now-on-summer-break-but-the-pace-of-business-is-picking-up","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/mps-are-now-on-summer-break-but-the-pace-of-business-is-picking-up\/","title":{"rendered":"MPs are now on summer break, but the pace of business is picking up"},"content":{"rendered":"<section id=\"573947\" 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=\"573947\">\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\/25\/what-were-tracking-on-tuesday-25-august-2020\/\">\r\n                            What we\u2019re tracking on Tuesday, 25 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\/25\/what-were-tracking-on-tuesday-25-august-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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If you\u2019re feeling a bit dizzy, it\u2019s because the train is accelerating <\/strong><strong>out of the station as we speed toward fall <\/strong>\u2014 it\u2019s another busy news day on the business front.<\/p><p><strong>We\u2019ll be keeping a close eye today on a crucial Financial Regulatory Authority (FRA) <\/strong><strong>meeting<\/strong>, which will look at guidelines and regulations for the <strong>long-awaited futures exchange. <\/strong>Launch of the exchange will make derivatives trading here in Egypt. The meeting will bring together a host of stakeholders, including private-sector commercial and investment banks, as well as insurance companies along with representatives from the EBRD and the International Finance Corporation, according to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e5d5e27d-9ad1-4071-909d-602a4eea2142\">FRA Deputy Chairman Khaled El Nashar<\/a> has suggested.<\/p><p><strong>On the agenda \u2014 will the private sector be allowed to own a chunk of the new exchange?<\/strong> El Nashar suggested that the FRA is looking into allowing the private sector to not only own shares in the new exchange, but raised the possibility that private companies could together hold a majority stake.<\/p><p><strong>The House of Representatives officially adjourned for summer recess yesterday<\/strong>, bringing its fifth legislative session to a close, Speaker Ali Abdel Aal <a href=\"https:\/\/bit.ly\/2Qiogy2\">confirmed<\/a>. MPs had a mammoth agenda on their last day, but managed to push through nearly everything that was on their docket. We have the full rundown in this morning\u2019s Speed Round, below.<\/p><p><strong>We\u2019re going to see the same MPs for a final, abridged fall session<\/strong> that will begin on 1 October, Abdel Aal <a href=\"https:\/\/bit.ly\/2QlB6LN\">confirmed<\/a>. A new House is due to be elected this fall, with reports earlier this week suggesting the vote could take place in October or November.<\/p><p><strong>President Abdel Fattah El Sisi is due in Amman today<\/strong>, where he will talk trade, investment, and regional developments with Jordan\u2019s King Abdullah and Iraqi premier Mustafa Al Kadhimi. The leaders are pushing ahead with the summit although Iraq\u2019s ICT minister tested positive for covid-19, <a href=\"https:\/\/www.thenational.ae\/world\/mena\/jordan-summit-still-on-after-iraq-minister-catches-covid-19-officials-say-1.1067909\">the National<\/a> says.<\/p><p><strong>Diplomacy continues to feature heavily in the news this week<\/strong>, with updates expected on our beef with Turkey in the EastMed, GERD, and Libya. We have coverage of Turkey in Speed Round and this morning\u2019s Diplomacy + Foreign Trade section covers GERD and Libya.<\/p><hr class=\"grey-line\"><p><a id=\"tldr-story-07\" class=\"content-anchor\"><\/a> <strong>SIGN OF THE TIMES #1- Global dividends have suffered their worst quarterly plunge in <\/strong><strong>more than a decade<\/strong>, with more than USD 100 bn wiped off their value in the quarter ending 30 June. That\u2019s the worst plunge in percentage terms since 2009, the <a href=\"https:\/\/www.ft.com\/content\/a136da68-4cc8-489f-9265-a719b11f75e6\">Financial Times<\/a> writes \u2014 and at USD 382 bn or so, the total payout is the lowest 2Q total since 2012. It\u2019s bad news for fund managers who rely on dividends \u2014 and <strong>good news (from an \u201cattractiveness to the buy side\u201d POV) for any corporation in a position to pay a dividend <\/strong>this year despite the insanity that is 2020.<\/p><p><a id=\"tldr-story-08\" class=\"content-anchor\"><\/a> <strong>SIGN OF THE TIMES #2- Lockdowns may not be the way to go this fall if there\u2019s a second <\/strong><strong>wave<\/strong>, the <a href=\"https:\/\/www.wsj.com\/articles\/covid-lockdowns-economy-pandemic-recession-business-shutdown-sweden-coronavirus-11598281419\">Wall Street Journal<\/a> reports, saying that about a half-year into the pandemic, \u201cevidence suggests lockdowns were an overly blunt and economically costly tool.\u201d <strong>The better approach: Targeted measures including compelling widespread use of masks<\/strong>, social distancing requirements, and closing down crowded indoor venues such as gyms, movie theaters, bars and restaurants, the Journal suggests. That meshes with what a <a href=\"https:\/\/www.nytimes.com\/interactive\/2020\/08\/24\/us\/coronavirus-cases-decreasing.html\">New York Times<\/a> analysis that was out overnight showing <strong>covid cases are falling in US cities and states that have imposed mask requirements <\/strong>and closed bars, restaurants and gyms.<\/p><p><strong>The take home: Many people will voluntarily choose to stay home more <\/strong>and try to WFH where possible during a pandemic, the data is suggesting, but <strong>a full lockdown may cause more damage to businesses<\/strong> and the economy at large than it prevents.<\/p><hr class=\"grey-line\"><p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/3hrOj1x\">reported<\/a><\/strong><strong> 138 new covid-19 infections yesterday<\/strong>, up from 103 the day before. Egypt has now disclosed a total of 97,478 confirmed cases of covid-19. The ministry also reported 18 new deaths, bringing the country\u2019s total death toll to 5,280. We now have a total of 66,817 confirmed cases that have fully recovered.<\/p><p><strong>You know we\u2019ve sort of \u201ccanceled covid\u201d when the zoos have opened up: <\/strong>Remember when covid-19 first broke out and fear of bats and live, caged animals was rampant? Gone are those days, as the Giza Zoo, which has been closed since March, reopened its doors yesterday with some restrictions, <a href=\"http:\/\/english.ahram.org.eg\/NewsContentP\/1\/378380\/Egypt\/Egypts-Giza-Zoo-opens-to-public-on-Monday-after--m.aspx\">Ahram Online<\/a> reports.<\/p><p><strong>Kuwait\u2019s travel lobby is<\/strong><strong> pushing for Egyptians to be allowed back into the country<\/strong>, suggesting that an entry ban imposed <a href=\"https:\/\/twitter.com\/kuwait_dgca\/status\/1289622120482275328?s=21\">earlier this month<\/a> on residents of <a href=\"https:\/\/m.bdnews24.com\/en\/detail\/bangladesh\/1786849\">31 countries<\/a>, including Egypt, be lifted, <a href=\"https:\/\/bit.ly\/2Ys3qAI\">Al Mal<\/a> reports. Negative PCR tests would still be required from visitors if the ban is lifted. Anti-Egyptian sentiment in Kuwait has recently bubbled to the surface, and Kuwaiti media suggest that <a href=\"https:\/\/alqabas.com\/article\/5795678-%D9%85%D8%B5%D8%A7%D8%AF%D8%B1-%D9%84-%D8%A7%D9%84%D9%82%D8%A8%D8%B3-%D8%A7%D8%B3%D8%AA%D9%85%D8%B1%D8%A7%D8%B1-%D9%82%D8%A7%D8%A6%D9%85%D8%A9-%D8%A7%D9%84%D8%AF%D9%88%D9%84-%D8%A7%D9%84%D9%85%D9%85%D9%86%D9%88%D8%B9%D8%A9-%D9%85%D9%86-%D8%AF%D8%AE%D9%88%D9%84-%D8%A7%D9%84%D8%A8%D9%84%D8%A7%D8%AF-%D8%AD%D8%AA%D9%89-%D8%A5%D8%B4%D8%B9%D8%A7%D8%B1-%D8%A2%D8%AE%D8%B1\">the entry ban isn\u2019t going to be lifted<\/a> anytime soon.<\/p><p><strong>In other news from around the region<\/strong>, the UAE and Israel\u2019s bromance is now extending to healthcare research, <a href=\"http:\/\/wam.ae\/en\/details\/1395302864310\">according to WAM<\/a>. <strong>This comes as US Secretary of State Mike Pompeo is in Israel<\/strong> taking credit for passing the love notes between lockers of the two countries,<a href=\"https:\/\/apnews.com\/0af235f17d6d7a9f9eb9b97127416df3\">AP reports<\/a>.<\/p><p class=\"web-image stand-out-borderless\"><a href=\"https:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/SOMA-ENTERPRISE-APPAMEND-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a>For the first time in the Red Sea, Somabay launches the newest destination app which provides fully fledged integrated services (available <a href=\"https:\/\/apps.apple.com\/fr\/app\/somabay-app\/id1480983011?l=en\">here<\/a> for iOS users and <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.moonshot.somaBayApp&amp;hl=en_US\">here<\/a> for Android) in line with supporting the company\u2019s plans for digitizing hotel guests\u2019 experiences using trending technologies.<\/p><p><strong>The Donald officially secured the Republican Party\u2019s nomination<\/strong> as their candidate for the 3 November presidential elections, reports the <a href=\"https:\/\/www.wsj.com\/articles\/trump-to-highlight-successes-in-nightly-appearances-at-gop-convention-11598261401?mod=hp_lead_pos7\">Wall Street Journal<\/a>. Trump is already making weakly-backed <strong>claims that he\u2019s going to face a \u201crigged election,\u201d<\/strong> according to <a href=\"https:\/\/www.reuters.com\/article\/us-usa-election-convention\/republicans-renominate-trump-at-scaled-back-convention-in-north-carolina-idUSKBN25K0EQ?il=0\">Reuters<\/a>.<\/p><p><strong>US stocks continue rally on Trump expediting vaccine: <\/strong>It looks like the beleaguered President Mirinda Orange\u2019s (we understand President Cheeto was offensive to some) announcement of a vaccine is driving a stock market rally. The S&amp;P 500 rose 0.8% on Monday, while the Dow Jones climbed 0.6%, and the Nasdaq Composite Index rose 1.2%, according to<a href=\"https:\/\/www.wsj.com\/articles\/global-stock-markets-dow-update-8-24-2020-11598260739?mod=hp_lead_pos3\">the Wall Street Journal<\/a>. The US FDA authorized use of convalescent plasma, the antibody-rich blood component taken from recovered covid-19 patients, for the treatment of serious coronavirus cases, the agency said on Sunday. The emergency-use authorization does fall short, however, of a full approval.<\/p><p><strong>In an environment of negative interest rates, money market managers are forced to forgo<\/strong> <strong>fees:<\/strong> Some US investment firms are waiving or lowering their charges on money funds to keep investor yield above zero, including such names as Blackrock, JP Morgan, Federated Hermes, and Fidelity, reports <a href=\"https:\/\/www.wsj.com\/articles\/money-funds-waive-charges-to-keep-yields-from-falling-below-zero-11598261405?mod=hp_lead_pos5\">the Wall Street Journal<\/a>. Money market funds, which are used by investors to park cash until they decide on what to invest in, are typically used by managers to invest in fixed income securities such as government bonds. With interest rates heading towards zero, the USD 5 tn (with a T) industry faces very little returns, if not actual losses to the investor, forcing managers to cut fees. The Fed cut its short-term benchmark rate to between 0-0.25% to calm markets in March and pledged to keep rates near zero for the near future.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/blackrock\/\">BlackRock<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/donald-trump\/\">Donald Trump<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eastern-mediterranean\/\">Eastern Mediterranean<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-pkrz4kb\" data-v=\"4\" data-block-id=\"pkrz4kb\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-pkrz4kb-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-pkrz4kb-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" 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class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"573949\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/legislative-marathon-at-egypts-parliament-features-heavily-on-nations-talk-shows\/\">\r\n                            Legislative marathon at Egypt\u2019s parliament features heavily on nation\u2019s talk shows                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta 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      <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/legislative-marathon-at-egypts-parliament-features-heavily-on-nations-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573949\" class=\"content-area-description single-story post-573949 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-fairmont-incident tag-finance-ministry tag-house-of-representatives tag-mohamed-maait tag-unified-tax-act wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It was another night of the Ahmed Moussa Show\u2122<\/strong>, as the rest of the nation\u2019s talk show hosts appear to still be enjoying their summer by the beach. The Ala Mas\u2019ouleety host took note of yesterday\u2019s legislative marathon at the House of Representatives, which we recap in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>MPs\u2019 discussions of the Unified Tax Act with Finance Minister Mohamed Maait<\/strong> took up much of Moussa\u2019s attention, particularly as there appeared to be some tension between the minister and our illustrious representatives over the potential imprisonment of tax evaders (<a href=\"https:\/\/www.youtube.com\/watch?v=ubIzvK2PLJE\">watch, runtime: 9:06<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=Oxvf1_b3XIk\">runtime: 6:24<\/a>). <strong>Parliament granted the bill preliminary approval after voting to strike down Article 16, which would have granted powers of arrest<\/strong> to state employees responsible for implementing tax laws. House Speaker Ali Abdel Aal said that this article contradicts the Banking and Central Bank Act (<a href=\"https:\/\/www.youtube.com\/watch?v=Ut-vIUuuflc\">watch, runtime: 1:58<\/a>).<\/p>\n<p><strong>Public Prosecutor Hamada El Sawi issued an arrest warrant yesterday for the alleged perpetrators of the 2014 gang [redacted] of an 18-year-old woman<\/strong> at a prominent Cairo hotel, Moussa noted. Allegations emerged on social media several weeks ago that six men intoxicated and [redacted] the woman. The perpetrators have also been placed on airport arrival watchlists and are now banned from travel (<a href=\"https:\/\/youtu.be\/P1VBUpe3G6k\">watch, runtime: 3:46<\/a>).<\/p>\n<p>Other talking points yesterday included a <strong>potential reduction of railway ticket prices<\/strong> for passengers departing from stations in Upper Egypt (<a href=\"https:\/\/youtu.be\/gCDUz39V-DA\">watch, runtime: 36:56<\/a>) and <strong>ongoing upgrades at the Suez Canal<\/strong> (<a href=\"https:\/\/youtu.be\/xuPz6Rn6OnY\">watch, runtime: 8:23<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/fairmont-incident\/\">Fairmont Incident<\/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\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-maait\/\">Mohamed Maait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/unified-tax-act\/\">Unified Tax Act<\/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=\"573950\" 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=\"573950\">\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\/25\/house-gives-final-nod-for-tougher-penalties-in-electricity-act-eminent-domain-act\/\">\r\n                            House gives final nod for tougher penalties in Electricity Act, Eminent Domain Act                        <\/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\/25\/house-gives-final-nod-for-tougher-penalties-in-electricity-act-eminent-domain-act\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The long-awaited bill allows for expedited clearance, expands the powers of customs clearance agents, and ratchets up penalties for customs evasion. The bill will need to be signed into law by President Abdel Fattah El Sisi before its executive regulations are formulated and published.<\/p>\n<p><strong>Highlights of the new customs law <\/strong>suggest that it will:<\/p>\n<ul>\n<li>Allow importers of heavy equipment, machinery, and other capital goods to pay customs in installments, paying extra for that privilege based on the value of the unpaid portion each month;<\/li>\n<li>Regulate the work of customs clearance offices through new licensing requirements, rules, and penalties in case of violations \u2014 the details on which are left to the executive regulations;<\/li>\n<li>Amend the customs pre-clearance system to bring it in line with the International Convention on The Simplification and Harmonization of Customs Procedures (the <a href=\"http:\/\/www.wcoomd.org\/en\/topics\/facilitation\/instrument-and-tools\/conventions\/pf_revised_kyoto_conv.aspx\">Revised Kyoto Convention<\/a>);<\/li>\n<li>Set a ceiling for the service fees payable to the Customs Authority, including fees paid through the recently created <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f89c59d4-b28d-47dc-878e-0fcae3f562c3\">one-stop shop system<\/a> for customs in several airports and seaports. (This apparently closes an inadvertent loophole in previous legislation.);<\/li>\n<li>Simplify the passage of \u201ctransit goods\u201d between ports in Egypt or to ports abroad by exempting them from laws that ban imports and exports of certain goods;<\/li>\n<li>Introduce a new system that allows goods to only be temporarily stored at entry points to ensure they don\u2019t pile up at ports;<\/li>\n<li>Cut to 2.5 years from four the length of time certain goods are given temporary customs clearance. The Federation of Egyptian Industries had <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/30\/egypts-industry-federation-lobbies-for-more-changes-in-draft-customs-act\/\">been lobbying<\/a> for authorities to stipulate three years;<\/li>\n<li>Regulate the dispute resolution process by allowing tariff payers to file appeals to a state administrative body before resorting to arbitration;<\/li>\n<li>Distinguish between minor violations and acts of outright customs evasion, and will apply strict penalties to the latter;<\/li>\n<li>Allow customs officers to disclose secure information to national authorities or outside parties with which Egypt has agreements in place to \u201csimplify customs procedures.\u201d<\/li>\n<\/ul>\n<p><strong>What we don\u2019t see in the breakdown of the law: The creation of a white-list of importers<\/strong>, which we <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/16\/house-budgeting-committee-to-finalize-customs-act-in-two-weeks-8500\/\">had previously noted<\/a> was among the key aims of the new bill. The white-list was expected to create a customs fast-track and help further streamline customs procedures at Egypt\u2019s ports. The law does create a new risk management framework that allows the clearance of goods through green channels of trusted companies, which could mean that whitelisted companies would be cleared through these green channels. We expect that this will be clarified in the executive regulations of the law.<\/p>\n<p><strong>Also receiving a final nod yesterday \u2014 a law to regulate, encourage investment in waste<\/strong> <strong>management: <\/strong>The House also passed yesterday a draft law to set up an authority to oversee and monitor waste management in Egypt, Environment Minister Yasmine Fouad said in <a href=\"https:\/\/bit.ly\/34smOkK\">a statement<\/a>. The new authority will be in charge of regulating the industry; it will also be tapped to come up with a national strategy for waste management. The law also includes investment incentives as well as other measures to encourage garbage collectors, small companies, private contractors, and recycling centers to join the formal economy. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1c472441-4356-42e6-b7a7-73d2add0d64f\">Tap \/ click here<\/a> to learn more.<\/p>\n<p><strong>Tougher penalties in Electricity Act: <\/strong>The House gave its final approval to amendments to the Electricity Act imposing tougher penalties for anyone with an illegal hookup, the <a href=\"https:\/\/alborsaanews.com\/2020\/08\/24\/1376520\">local press<\/a> reports. Electricity company employees who aid in electricity theft or fail to report a theft can expect at least six months in jail and a fine of up to EGP 100k. Officials who deny a hookup to the grid without a legitimate reason will face up to a year in jail and a fine of up to EGP 100k. The House Legislative Committee <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7c32de5f-0152-4aac-8649-33c7a167939e\">approved the amendments<\/a> to the draft law earlier this month.<\/p>\n<p><strong>Experience a power outage lately?<\/strong> Electricity theft is probably among the causes. Learn more in our ongoing Hardhat series on <a href=\"https:\/\/enterprise.press\/hardhats\/surplus-electricity-still-get-power-cuts\/\">why we still get power cuts despite an electricity surplus<\/a>.<\/p>\n<p><strong>The House also gave its final approval for amendments to the Eminent Domain Act<\/strong>, which grants the president the right to seize private property for projects that are in the \u201cpublic interest,\u201d <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=24082020&id=8f452edb-515f-4807-bd04-a9505ae5d15b\">Al Shorouk<\/a> reports. The bill allows the president to take privately-owned land under eminent domain and offer compensation that includes a 20% premium on the market value of the land, among other provisions. The new amendments also increase the time between when an eminent domain order is issued and the purchase of the land to three years, from two previously.<\/p>\n<p><strong>Meanwhile, Egypt\u2019s new Unified Tax Act receives an early nod: <\/strong>The House <a href=\"https:\/\/alborsaanews.com\/2020\/08\/24\/1376576\">\u201cpreliminarily\u201d<\/a><a href=\"https:\/\/alborsaanews.com\/2020\/08\/24\/1376576\"><\/a><a href=\"https:\/\/alborsaanews.com\/2020\/08\/24\/1376576\">approved<\/a> during yesterday\u2019s plenary session the proposed <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b157b40b-45d7-455d-9b8f-a52f21851d0e\">Unified Tax Act<\/a>, which would create a single tax platform through which to file income tax, VAT, stamp tax, and real estate tax returns. The bill still needs to pass the House in a final vote before being signed into law by President Abdel Fattah El Sisi.<\/p>\n<p><strong>Other bills approved in yesterday\u2019s general assembly:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/bit.ly\/3hwHa0c\">Amendments to the law<\/a> regulating Egypt\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/143cc594-d6be-4809-afc3-695ae7f3d8ef\">commercial registry<\/a>;<\/li>\n<li>Legislation that would allow subsidiary companies of the Egyptian Mineral Resources Authority to operate quarries on land that falls under the jurisdiction of the New Urban Communities Authority and local governments, <a href=\"https:\/\/alborsaanews.com\/2020\/08\/24\/1376520\">according to the local press<\/a>.<\/li>\n<li><a href=\"https:\/\/alborsaanews.com\/2020\/08\/24\/1376657\">A law to regulate clinical research<\/a> and protect human subjects (see <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ed1c659e-a70d-4196-a199-7509f1434ac0\">our previous coverage here<\/a>);<\/li>\n<li><a href=\"https:\/\/bit.ly\/2FQYgHX\">A bill to allow<\/a> the Higher Education Ministry to alter the teaching system when exceptional circumstances \u2014 such as the covid-19 pandemic \u2014 arise.<\/li>\n<\/ul>\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\/egyptian-company-for-mineral-resources\/\">Egyptian Company for Mineral Resources<\/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\/eminent-domain-act\/\">Eminent Domain Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/housing-ministry\/\">Housing Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/local-development-ministry\/\">Local Development Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-ministry\/\">Oil Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573963\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573964\" 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=\"573964\">\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\/25\/egypt-in-the-news-on-25-august-2020\/\">\r\n                            Egypt in the news on 25 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\/25\/egypt-in-the-news-on-25-august-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypt-in-the-news-on-25-august-2020\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypt-in-the-news-on-25-august-2020\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the news on 25 August 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypt-in-the-news-on-25-august-2020\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypt-in-the-news-on-25-august-2020\/&title=Egypt in the news on 25 August 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+25+August+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Fegypt-in-the-news-on-25-august-2020%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypt-in-the-news-on-25-august-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573964\" class=\"content-area-description single-story post-573964 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-covid-19 tag-egypt-in-the-news tag-enterpriseam tag-ethiopia tag-gerd tag-health tag-human-rights tag-religion wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s a quiet morning for Egypt in the international press<\/strong>, with <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2020\/08\/egypt-restaurant-development-tourism-giza-pyramids.html#ixzz6VwiZrFls\">Al Monitor<\/a> offering a progress report on work on the Giza Pyramids Plateau development project, <a href=\"https:\/\/www.arabnews.com\/node\/1723141\/middle-east\">Arab News<\/a> noting that some worshippers had problems abiding social distancing rules at churches on Saturday, and the <a href=\"https:\/\/news.un.org\/en\/story\/2020\/08\/1070882\">United Nations<\/a> saying human rights activists in Egypt\u2019s prisons face \u201cgrave and unnecessary\u201d health risks amid the pandemic.<\/p>\n<p>Meanwhile: Ethiopia\u2019s biggest pop star \u2014 one Mr. <strong>Teddy Afro \u2014 has released a song <\/strong><strong>slamming Egypt over GERD<\/strong>, according to <a href=\"https:\/\/www.globalconstructionreview.com\/news\/ethiopian-pop-stars-weigh-against-egypt-support-ni\/\">Global Construction Review<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/religion\/\">Religion<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573965\" 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=\"573965\">\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\/25\/tourism-ministry-welcomes-back-visitors-with-video-campaign\/\">\r\n                            Tourism Ministry \u2018welcomes back\u2019 visitors with video campaign                        <\/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        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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/tourism-ministry-welcomes-back-visitors-with-video-campaign\/\">\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=Tourism Ministry \u2018welcomes back\u2019 visitors with video campaign&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/tourism-ministry-welcomes-back-visitors-with-video-campaign\/\">\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\/25\/tourism-ministry-welcomes-back-visitors-with-video-campaign\/&title=Tourism Ministry \u2018welcomes back\u2019 visitors with video campaign\">\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=Tourism+Ministry+%E2%80%98welcomes+back%E2%80%99+visitors+with+video+campaign+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Ftourism-ministry-welcomes-back-visitors-with-video-campaign%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\/25\/tourism-ministry-welcomes-back-visitors-with-video-campaign\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/196.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"573966\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/tourism-ministry-welcomes-back-visitors-with-video-campaign\/196-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/196.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"196.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/196.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/196.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573965\" class=\"content-area-description single-story post-573965 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-aviation tag-covid-19 tag-enterpriseam tag-hurghada tag-pandemic tag-sharm-el-sheikh tag-tourism 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><strong>Egypt welcomes back tourists to the Red Sea with video campaign:<\/strong> The Tourism Ministry is out with a promotional video campaign welcoming tourists back to Red Sea resort towns \u2014 and reminding would-be tourists of the warm, pristine waters that await them (<a href=\"https:\/\/www.youtube.com\/watch?v=qK4g5FPPMiQ\">watch, runtime: 01:10<\/a>). The short video features tourists describing their experience visiting Egypt during the pandemic, including the safety precautions currently in place. We\u2019ve been seeing the tourism industry slowly but surely staging a recovery over the past couple of weeks, with national flag carrier EgyptAir\u2019s operation rates reaching a post-covid record <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2d161473-069f-478f-88c3-903283812882\">this week<\/a>, and some 126k tourists arriving in Hurghada, Sharm El Sheikh, and Matrouh since the resumption of commercial air travel in early July.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hurghada\/\">Hurghada<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pandemic\/\">pandemic<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sharm-el-sheikh\/\">Sharm El Sheikh<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"573967\" 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=\"573967\">\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\/25\/diplomacy-foreign-trade-on-25-august-2020\/\">\r\n                            Diplomacy + Foreign Trade on 25 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\/25\/diplomacy-foreign-trade-on-25-august-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/diplomacy-foreign-trade-on-25-august-2020\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/diplomacy-foreign-trade-on-25-august-2020\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Diplomacy + Foreign Trade on 25 August 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/diplomacy-foreign-trade-on-25-august-2020\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/diplomacy-foreign-trade-on-25-august-2020\/&title=Diplomacy + Foreign Trade on 25 August 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=Diplomacy+%2B+Foreign+Trade+on+25+August+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Fdiplomacy-foreign-trade-on-25-august-2020%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/diplomacy-foreign-trade-on-25-august-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573967\" class=\"content-area-description single-story post-573967 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-african-union tag-diplomacy-foreign-trade tag-enterpriseam tag-france tag-khalifa-haftar tag-libya tag-russia tag-sameh-shoukry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>GERD talks resume ahead of Friday deadline to submit report to AU chair:<\/strong> Technical committees from Egypt, Sudan, and Ethiopia met yesterday to continue discussing a report compiling the three countries\u2019 proposals and sticking points on the filling and operation of the Grand Ethiopian Renaissance Dam (GERD), according to an <a href=\"https:\/\/bit.ly\/31ofFQA\">Irrigation Ministry statement<\/a>. The statement does not provide any details on whether the meeting yielded any progress. The committees are expected to bring a final report and a roadmap for further negotiations to African Union Chair Cyril Ramaphosa this Friday, 28 August.<\/p>\n<p>Meanwhile, <strong>Ethiopian Prime Minister Abiy Ahmed will land in Khartoum today to discuss bilateral relations<\/strong> with Sudanese leaders, state news agency <a href=\"https:\/\/www.suna-sd.net\/en\/single?id=689272\">SUNA<\/a> reports. <strong>Here at home, the Foreign Ministry is rallying diplomatic support<\/strong> from European ambassadors, who sat down with Deputy Foreign Minister for African Affairs Hamdi Sanad Loza for a debrief on the negotiations, according to <a href=\"https:\/\/bit.ly\/3aQG9xm\">a statement<\/a>.<\/p>\n<p><strong>Moscow is also cajoling Addis Ababa to help resolve the gridlock<\/strong> by encouraging engagement in good faith negotiations, Russian ambassador to Egypt Georgy Borisenko <a href=\"https:\/\/bit.ly\/3l548xo\">said<\/a>earlier this week. Borisenko stressed, however, that Moscow is not taking sides on the matter.<\/p>\n<p><strong>Elsewhere in regional diplomacy: Shoukry and French Le Drian welcome Libyan cease-fire:<\/strong> Foreign Minister Sameh Shoukry and French Foreign Minister Jean-Yves Le Drian welcomed news of a ceasefire in Libya announced by the Government of National Accord (GNA) calling the move an \u201cimportant step on the road to achieving a political settlement\u201d and restoring \u201cstability and security\u201d in the country, during a call between the two diplomats on Sunday, according to <a href=\"https:\/\/bit.ly\/3gpwqiG\">a ministry statement<\/a>. President Abdel Fattah El Sisi had welcomed the GNA\u2019s call for a ceasefire on Friday, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/08927390-ed95-4f3f-8cc8-1c504e2da729\">saying the move<\/a> is \u201can important step on the road to achieving a political settlement.\u201d<\/p>\n<p><strong>It seems that everyone is happy about this, except Haftar: <\/strong>The LNA appeared to scoff at the proposed cease-fire, deriding it as a \u201cmedia stunt\u201d on Sunday, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-08-23\/libya-s-lna-calls-cease-fire-announcement-media-marketing?sref=mmeFTDW1\">according to Bloomberg<\/a>. But since everyone giving it life support seems to be supportive, naturally, they did not reject it.<\/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\/african-union\/\">African Union<\/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\/france\/\">France<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/khalifa-haftar\/\">Khalifa Haftar<\/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\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573968\" 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=\"573968\">\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\/25\/bapetco-made-eight-discoveries-in-egypt-last-fiscal-year\/\">\r\n                            Bapetco made eight discoveries in Egypt last fiscal year                        <\/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\/25\/bapetco-made-eight-discoveries-in-egypt-last-fiscal-year\/\" 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\/25\/bapetco-made-eight-discoveries-in-egypt-last-fiscal-year\/')\">\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\/25\/bapetco-made-eight-discoveries-in-egypt-last-fiscal-year\/\">\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=Bapetco made eight discoveries in Egypt last fiscal year&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/bapetco-made-eight-discoveries-in-egypt-last-fiscal-year\/\">\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\/25\/bapetco-made-eight-discoveries-in-egypt-last-fiscal-year\/&title=Bapetco made eight discoveries in Egypt last fiscal year\">\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=Bapetco+made+eight+discoveries+in+Egypt+last+fiscal+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Fbapetco-made-eight-discoveries-in-egypt-last-fiscal-year%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\/25\/bapetco-made-eight-discoveries-in-egypt-last-fiscal-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573968\" class=\"content-area-description single-story post-573968 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam tag-oil-ministry tag-tarek-el-molla wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Shell-EGPC JV Badr El-Din Petroleum Company (Bapetco) made eight new discoveries in its Egypt concessions in FY2019-2020 with confirmed oil reserves of 10.6 mn bbl, according to <a href=\"https:\/\/bit.ly\/3hvQy4c\">an Oil Ministry statement<\/a>. Bapetco drilled 44 developmental wells and one exploratory well last fiscal year.<\/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\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-ministry\/\">Oil Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tarek-el-molla\/\">Tarek El Molla<\/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=\"573969\" 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=\"573969\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egas-taqa-arabia-sign-agreement-to-bring-natgas-in-el-wadi-el-gedid-homes\/\">\r\n                            EGAS, TAQA Arabia sign agreement to bring natgas in El Wadi El Gedid homes                        <\/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\/25\/egas-taqa-arabia-sign-agreement-to-bring-natgas-in-el-wadi-el-gedid-homes\/\" 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\/25\/egas-taqa-arabia-sign-agreement-to-bring-natgas-in-el-wadi-el-gedid-homes\/')\">\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\/25\/egas-taqa-arabia-sign-agreement-to-bring-natgas-in-el-wadi-el-gedid-homes\/\">\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=EGAS, TAQA Arabia sign agreement to bring natgas in El Wadi El Gedid homes&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egas-taqa-arabia-sign-agreement-to-bring-natgas-in-el-wadi-el-gedid-homes\/\">\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\/25\/egas-taqa-arabia-sign-agreement-to-bring-natgas-in-el-wadi-el-gedid-homes\/&title=EGAS, TAQA Arabia sign agreement to bring natgas in El Wadi El Gedid homes\">\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=EGAS%2C+TAQA+Arabia+sign+agreement+to+bring+natgas+in+El+Wadi+El+Gedid+homes+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Fegas-taqa-arabia-sign-agreement-to-bring-natgas-in-el-wadi-el-gedid-homes%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\/25\/egas-taqa-arabia-sign-agreement-to-bring-natgas-in-el-wadi-el-gedid-homes\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573969\" class=\"content-area-description single-story post-573969 post type-post status-publish format-standard hentry category-infrastructure tag-egas tag-enterpriseam tag-infrastructure tag-oil-and-gas tag-oil-ministry tag-qalaa-holdings tag-taqa-arabia tag-tarek-el-molla wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptan Natural Gas Holding Company (EGAS) signed yesterday a cooperation protocol with Qalaa Holdings\u2019 TAQA Arabia to connect homes in El Wadi El Gedid to the natural gas grid by using compressed natural gas (CNG), according to <a href=\"https:\/\/www.petroleum.gov.eg\/ar-eg\/media-center\/news\/news-pages\/Pages\/mop_24082020_01.aspx\">an Oil Ministry statement<\/a>. The agreement will see 14k homes in the governorate connected to the grid as a first phase, while later phases will connect more homes and expand to commercial and industrial consumers.<\/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\/egas\/\">EGAS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-ministry\/\">Oil Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/qalaa-holdings\/\">Qalaa Holdings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/taqa-arabia\/\">TAQA Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tarek-el-molla\/\">Tarek El Molla<\/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=\"573970\" 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=\"573970\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypts-gasc-wants-unspecified-amount-of-wheat-for-october-delivery\/\">\r\n                            Egypt\u2019s GASC wants unspecified amount of wheat for October delivery                        <\/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\/25\/egypts-gasc-wants-unspecified-amount-of-wheat-for-october-delivery\/\" 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\/25\/egypts-gasc-wants-unspecified-amount-of-wheat-for-october-delivery\/')\">\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\/25\/egypts-gasc-wants-unspecified-amount-of-wheat-for-october-delivery\/\">\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 GASC wants unspecified amount of wheat for October delivery&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypts-gasc-wants-unspecified-amount-of-wheat-for-october-delivery\/\">\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\/25\/egypts-gasc-wants-unspecified-amount-of-wheat-for-october-delivery\/&title=Egypt\u2019s GASC wants unspecified amount of wheat for October delivery\">\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+GASC+wants+unspecified+amount+of+wheat+for+October+delivery+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Fegypts-gasc-wants-unspecified-amount-of-wheat-for-october-delivery%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\/25\/egypts-gasc-wants-unspecified-amount-of-wheat-for-october-delivery\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573970\" class=\"content-area-description single-story post-573970 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-commodities tag-enterpriseam tag-food-security tag-gasc wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>State grain buyer GASC has launched a tender for an unspecified amount of wheat it plans to have delivered between 11 and 31 October, <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN25K2BD\">Reuters Arabic<\/a> reports. GASC earlier this month purchased 410k tonnes of Russian and Ukrainian wheat after receiving a \u201crecord number\u201d of bids. GASC has been increasingly tapping the international wheat market as the country looks to ensure its reserves of basic commodities amid the global pandemic.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/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\/food-security\/\">food security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gasc\/\">GASC<\/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=\"573972\" 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=\"573972\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypt-to-launch-fourth-phase-of-industrial-investment-map-in-october\/\">\r\n                            Egypt to launch fourth phase of industrial investment map in October                        <\/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\/25\/egypt-to-launch-fourth-phase-of-industrial-investment-map-in-october\/\" 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\/25\/egypt-to-launch-fourth-phase-of-industrial-investment-map-in-october\/')\">\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\/25\/egypt-to-launch-fourth-phase-of-industrial-investment-map-in-october\/\">\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 to launch fourth phase of industrial investment map in October&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypt-to-launch-fourth-phase-of-industrial-investment-map-in-october\/\">\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\/25\/egypt-to-launch-fourth-phase-of-industrial-investment-map-in-october\/&title=Egypt to launch fourth phase of industrial investment map in October\">\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+to+launch+fourth+phase+of+industrial+investment+map+in+October+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Fegypt-to-launch-fourth-phase-of-industrial-investment-map-in-october%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\/25\/egypt-to-launch-fourth-phase-of-industrial-investment-map-in-october\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573972\" class=\"content-area-description single-story post-573972 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-gafi tag-infrastructure-watch tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Trade Ministry is planning to launch the fourth phase of its online industrial investment map in October, <a href=\"https:\/\/bit.ly\/2QkORuc\">Hapi Journal<\/a> reports, citing an unnamed ministry source. The new phase is expected to include some 3k investment projects up for grabs across 1.8-2 mn sqm of land in 15 governorates, and is expected to reel in some EGP 2 bn-worth of investments, the source says. The breakdown of projects by industry was not disclosed. The industrial investment map was first launched <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/01\/trade-and-industry-ministry-launches-industrial-investment-map\/\">in 2017<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gafi\/\">GAFI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure-watch\/\">infrastructure watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573973\" 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=\"573973\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/cib-offers-remote-training-for-egypts-private-university-students\/\">\r\n                            CIB offers remote training for Egypt\u2019s private university students                        <\/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\/25\/cib-offers-remote-training-for-egypts-private-university-students\/\" 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\/25\/cib-offers-remote-training-for-egypts-private-university-students\/')\">\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\/25\/cib-offers-remote-training-for-egypts-private-university-students\/\">\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=CIB offers remote training for Egypt\u2019s private university students&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/cib-offers-remote-training-for-egypts-private-university-students\/\">\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\/25\/cib-offers-remote-training-for-egypts-private-university-students\/&title=CIB offers remote training for Egypt\u2019s private university students\">\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=CIB+offers+remote+training+for+Egypt%E2%80%99s+private+university+students+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Fcib-offers-remote-training-for-egypts-private-university-students%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\/25\/cib-offers-remote-training-for-egypts-private-university-students\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573973\" class=\"content-area-description single-story post-573973 post type-post status-publish format-standard hentry category-health-education tag-cib tag-education tag-enterpriseam tag-fintech tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>CIB <a href=\"https:\/\/hapijournal.com\/2020\/08\/24\/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D9%8A%D8%B7%D9%84%D9%82-%D8%A3%D9%88%D9%84-%D8%A8%D8%B1%D9%86%D8%A7%D9%85%D8%AC-%D8%AA\/\">has completed<\/a> Egypt\u2019s first online training program for undergraduates from AUC, GUC, and the Arab Academy for Science and Technology. At the end of the program, students gave presentations on products they came up with offering digital solutions.<\/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\/cib\/\">CIB<\/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\/fintech\/\">Fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/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=\"573974\" 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=\"573974\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/amer-tourism-development-scraps-plans-to-buy-new-sohag-land\/\">\r\n                            Amer Tourism Development scraps plans to buy New Sohag land                        <\/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\/25\/amer-tourism-development-scraps-plans-to-buy-new-sohag-land\/\" 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\/25\/amer-tourism-development-scraps-plans-to-buy-new-sohag-land\/')\">\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\/25\/amer-tourism-development-scraps-plans-to-buy-new-sohag-land\/\">\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=Amer Tourism Development scraps plans to buy New Sohag land&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/amer-tourism-development-scraps-plans-to-buy-new-sohag-land\/\">\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\/25\/amer-tourism-development-scraps-plans-to-buy-new-sohag-land\/&title=Amer Tourism Development scraps plans to buy New Sohag land\">\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=Amer+Tourism+Development+scraps+plans+to+buy+New+Sohag+land+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Famer-tourism-development-scraps-plans-to-buy-new-sohag-land%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\/25\/amer-tourism-development-scraps-plans-to-buy-new-sohag-land\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573974\" class=\"content-area-description single-story post-573974 post type-post status-publish format-standard hentry category-real-estate-housing tag-amer-group tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Amer Group subsidiary Amer Tourism Development Company is reportedly no longer interested in purchasing a 50 acre land plot in New Sohag City, where it had planned to construct an urban project, <a href=\"https:\/\/bit.ly\/34wpfCX\">Al Mal<\/a> reports, citing sources familiar with the negotiations. The company also received approval from the New Minya City Authority <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6c7bfd94-bc23-4600-9c6e-3eb096d0a588\">earlier this month<\/a> to decrease the area allocated for an integrated urban project in New Minya to 45 acres instead of 110 acres.<\/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\/amer-group\/\">Amer Group<\/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=\"573975\" 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=\"573975\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypts-mobile-subscriptions-inch-up-in-march\/\">\r\n                            Egypt\u2019s mobile subscriptions inch up in March                        <\/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\/25\/egypts-mobile-subscriptions-inch-up-in-march\/\" 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\/25\/egypts-mobile-subscriptions-inch-up-in-march\/')\">\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\/25\/egypts-mobile-subscriptions-inch-up-in-march\/\">\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 mobile subscriptions inch up in March&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypts-mobile-subscriptions-inch-up-in-march\/\">\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\/25\/egypts-mobile-subscriptions-inch-up-in-march\/&title=Egypt\u2019s mobile subscriptions inch up in March\">\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+mobile+subscriptions+inch+up+in+March+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Fegypts-mobile-subscriptions-inch-up-in-march%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\/25\/egypts-mobile-subscriptions-inch-up-in-march\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573975\" class=\"content-area-description single-story post-573975 post type-post status-publish format-standard hentry category-telecoms-ict tag-cit tag-cit-ministry tag-enterpriseam tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The number of mobile subscribers in Egypt rose 3.2% y-o-y to hit 96.42 mn by the end of March, according to <a href=\"http:\/\/www.mcit.gov.eg\/Upcont\/Documents\/Publications_1982020000_ar_ICT_Indicators_Quarterly_Bulletin_Q1%202020_Arabic.pdf\">a CIT Ministry report (pdf)<\/a>. ADSL subscribers reached 7.53 mn by the end of March, marking 10.4% growth from the same month last year, while the number of mobile internet users rose 11.23% y-o-y to reach 39 mn subscribers.<\/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\/cit\/\">CIT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cit-ministry\/\">CIT ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/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=\"573976\" 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=\"573976\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypt-in-talks-with-three-foreign-entities-to-construct-railway-manufacturing-facility\/\">\r\n                            Egypt in talks with three foreign entities to construct railway manufacturing facility                        <\/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\/25\/egypt-in-talks-with-three-foreign-entities-to-construct-railway-manufacturing-facility\/\" 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\/25\/egypt-in-talks-with-three-foreign-entities-to-construct-railway-manufacturing-facility\/')\">\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\/25\/egypt-in-talks-with-three-foreign-entities-to-construct-railway-manufacturing-facility\/\">\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 talks with three foreign entities to construct railway manufacturing facility&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egypt-in-talks-with-three-foreign-entities-to-construct-railway-manufacturing-facility\/\">\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\/25\/egypt-in-talks-with-three-foreign-entities-to-construct-railway-manufacturing-facility\/&title=Egypt in talks with three foreign entities to construct railway manufacturing facility\">\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+talks+with+three+foreign+entities+to+construct+railway+manufacturing+facility+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Fegypt-in-talks-with-three-foreign-entities-to-construct-railway-manufacturing-facility%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\/25\/egypt-in-talks-with-three-foreign-entities-to-construct-railway-manufacturing-facility\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573976\" class=\"content-area-description single-story post-573976 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam tag-infrastructure-watch tag-public-private-partnership tag-transport-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Transport Ministry is in talks with three unnamed international iron and steel companies to set up a complex to manufacture and supply railway tracks under a public-private partnership with the National Railways Authority (NRA) and another government entity, <a href=\"https:\/\/bit.ly\/3hkIeUF\">Al Mal<\/a> reports, citing an unnamed ministry source. The exact size and location of the facility were not disclosed, but the source said it will be set up on NRA-owned land near a port, with an eye to export production output at a later stage.<\/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\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure-watch\/\">infrastructure watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/public-private-partnership\/\">public-private partnership<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport-ministry\/\">Transport Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573977\" 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=\"573977\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/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\/25\/national-bank-of-egypt-expands-internet-mobile-banking-platforms\/\">\r\n                            National Bank of Egypt expands internet, mobile banking platforms                        <\/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\/25\/national-bank-of-egypt-expands-internet-mobile-banking-platforms\/\" 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\/25\/national-bank-of-egypt-expands-internet-mobile-banking-platforms\/')\">\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\/25\/national-bank-of-egypt-expands-internet-mobile-banking-platforms\/\">\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=National Bank of Egypt expands internet, mobile banking platforms&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/national-bank-of-egypt-expands-internet-mobile-banking-platforms\/\">\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\/25\/national-bank-of-egypt-expands-internet-mobile-banking-platforms\/&title=National Bank of Egypt expands internet, mobile banking platforms\">\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=National+Bank+of+Egypt+expands+internet%2C+mobile+banking+platforms+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Fnational-bank-of-egypt-expands-internet-mobile-banking-platforms%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\/25\/national-bank-of-egypt-expands-internet-mobile-banking-platforms\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573977\" class=\"content-area-description single-story post-573977 post type-post status-publish format-standard hentry category-banking-finance tag-banking tag-banking-finance tag-covid-19 tag-e-commerce tag-enterpriseam tag-fintech tag-national-bank-of-egypt wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The National Bank of Egypt (NBE) has added new services to its internet banking platform its mobile banking app, the country\u2019s largest bank said in <a href=\"https:\/\/ent.news\/2020\/8\/%D8%A8%D8%A7%D9%82%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D8%AE%D8%AF%D9%85%D8%A7%D8%AA-%D8%A7%D9%84%D8%A7%D9%84%D9%83%D8%AA%D8%B1%D9%88%D9%86%D9%8A%D8%A9-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9.pdf\">a press release (pdf)<\/a>. NBE clients will now be able to complete local bank transfers, activate their credit cards, and pay their bills through Fawry using the platforms, among other new services. The launch of the new services aims to increase the use of internet and mobile banking to reduce footfall in the bank\u2019s branches amid the pandemic, NBE Chairman Hisham Okasha said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fintech\/\">Fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-bank-of-egypt\/\">National Bank of Egypt<\/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=\"573978\" 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=\"573978\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/old-cairo-district-head-arrested-on-graft-charges\/\">\r\n                            Old Cairo district head arrested on graft charges                        <\/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\/25\/old-cairo-district-head-arrested-on-graft-charges\/\" 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\/25\/old-cairo-district-head-arrested-on-graft-charges\/')\">\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\/25\/old-cairo-district-head-arrested-on-graft-charges\/\">\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=Old Cairo district head arrested on graft charges&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/old-cairo-district-head-arrested-on-graft-charges\/\">\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\/25\/old-cairo-district-head-arrested-on-graft-charges\/&title=Old Cairo district head arrested on graft charges\">\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=Old+Cairo+district+head+arrested+on+graft+charges+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Fold-cairo-district-head-arrested-on-graft-charges%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\/25\/old-cairo-district-head-arrested-on-graft-charges\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573978\" class=\"content-area-description single-story post-573978 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-administrative-control-authority tag-egypt-politics-economics tag-enterpriseam tag-waste-management wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Authorities arrested the head of the Old Cairo district on Sunday on charges of accepting a EGP 400k bribe from a waste collection contractor in exchange for postponing the termination of the district\u2019s contracts with the company and allowing them to collect late fees from the government, according to an Administrative Control Authority <a href=\"https:\/\/bit.ly\/2En6N4X\">statement<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/administrative-control-authority\/\">Administrative Control Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/waste-management\/\">waste management<\/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=\"573979\" 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=\"573979\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/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\/25\/tutankhamun-exhibit-returns-to-egypt-after-world-tour\/\">\r\n                            Tutankhamun exhibit returns to Egypt after world tour                        <\/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\/25\/tutankhamun-exhibit-returns-to-egypt-after-world-tour\/\" 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\/25\/tutankhamun-exhibit-returns-to-egypt-after-world-tour\/')\">\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\/25\/tutankhamun-exhibit-returns-to-egypt-after-world-tour\/\">\n                    Facebook              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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=Tutankhamun+exhibit+returns+to+Egypt+after+world+tour+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F25%2Ftutankhamun-exhibit-returns-to-egypt-after-world-tour%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\/25\/tutankhamun-exhibit-returns-to-egypt-after-world-tour\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573979\" class=\"content-area-description single-story post-573979 post type-post status-publish format-standard hentry category-on-your-way-out tag-ancient-egypt tag-enterpriseam tag-grand-egyptian-museum tag-tourism tag-tutankhamun wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The traveling exhibition \u201cTutankhamun: Treasures of the Golden Pharaoh\u201d is returning to<\/strong><strong> Egypt this week<\/strong> after completing its two-year tour in London, Paris, and Los Angeles, according to <a href=\"https:\/\/bit.ly\/2Et97r3\">Youm7<\/a>. The exhibition\u2019s 166 artifacts will be displayed in the Egyptian Museum in Tahrir before being transferred to the Grand Egyptian Museum, where all of King Tutankhamun\u2019s belongings will be on display in the same place for the first time. The exhibit set an all-time record for visits in Paris\u2019 Petit Palais last September, when it drew 1.42 mn visitors, notes <a href=\"https:\/\/www.france24.com\/en\/20190922-paris-tutankhamun-show-museum-france-record-visitor-numbers\">France24<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ancient-egypt\/\">Ancient Egypt<\/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\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tutankhamun\/\">Tutankhamun<\/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=\"573980\" 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=\"573980\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/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\/25\/the-market-yesterday-153\/\">\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\/25\/the-market-yesterday-153\/\" 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\/25\/the-market-yesterday-153\/')\">\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\/25\/the-market-yesterday-153\/\">\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\/08\/25\/the-market-yesterday-153\/\">\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\/25\/the-market-yesterday-153\/&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%2F08%2F25%2Fthe-market-yesterday-153%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\/25\/the-market-yesterday-153\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573980\" class=\"content-area-description single-story post-573980 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 15.84 | Sell 15.94<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.84 | Sell 15.94<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.94 | Sell 15.95<\/p>\n<p><strong>EGX30<\/strong> (Monday): 11,434 (+0.4%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.9 bn (83% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -18.11%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session up 0.4%. CIB, the index\u2019s heaviest constituent, ended up 0.3%. EGX30\u2019s top performing constituents were Dice up 3.7%, AMOC up 3.3%, and Elsewedy Electric up 2.8%. Yesterday\u2019s worst performing stocks were Orascom Development Egypt down 2.5%, Madinet Nasr Housing down 2.0% and Qalaa Holding down 1.4%. The market turnover was EGP 1.9 bn, and regional investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -9.9 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +32.7 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP -22.8 mn<\/p>\n<p><strong>Retail<\/strong>: 67.9% of total trades | 66.9% of buyers | 69.0% of sellers<br \/>\n <strong>Institutions<\/strong>: 32.1% of total trades | 33.1% of buyers | 31.0% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 42.52 (-0.23%)<br \/>\n <strong>Brent:<\/strong> USD 45.16 (+0.07%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.52 MMBtu (+0.12%, September 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,938.60 \/ troy ounce (-0.03%)<\/p>\n<p><strong>TASI:<\/strong> 7,957.38 (+0.70%) (YTD: -5.15%)<br \/>\n <strong>ADX:<\/strong> 4,569.91 (+0.59%) (YTD: -9.97%)<br \/>\n <strong>DFM:<\/strong> 2,281.07 (+2.03%) (YTD: -17.50%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,741.56 (+1.69%)<br \/>\n <strong>QE:<\/strong> 9,890.37 (+0.83%) (YTD: -5.13%)<br \/>\n <strong>MSM:<\/strong> 3,690.15 (+1.69%) (YTD: -7.31%)<br \/>\n <strong>BB: <\/strong>1,365.54 (+0.78%) (YTD: -15.19%)<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"573981\" 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\/25\/573981\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-573981\" class=\"content-area-description single-story post-573981 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>25 August (Tuesday): President Abdel Fattah El Sisi will meet with Jordanian, Iraqi leaders in Amman for a trilateral summit.<\/p>\n<p>25 August (Tuesday): FRA to discuss regulations for derivatives trading and the futures market with private sector banks and development partners including the EBRD and IFC.<\/p>\n<p>26 August (Wednesday) Greek parliament <a href=\"https:\/\/www.reuters.com\/article\/us-greece-egypt-turkey\/greece-to-ratify-sea-accord-with-egypt-on-august-26-idUSKBN25G16E\">to ratify<\/a> Egypt-Greece maritime boundaries accord.<\/p>\n<p>26-27 August (Wednesday- Thursday) \"Tutankhamun ... Treasures of the Golden Pharaoh\" exhibition will arrive <a href=\"https:\/\/bit.ly\/2Et97r3\">back in Egypt<\/a> from it\u2019s latest tour stop in London<\/p>\n<p>28 August (Friday): Friday prayers at all major mosques will resume with safety measures in place.<\/p>\n<p>28 August (Friday): Tripartite technical committee on GERD will complete technical report and submit it to the African Union for discussion.<\/p>\n<p>September: <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/03\/egypt-gets-its-first-federation-for-securities\/#:~:text=Egypt%20gets%20its%20first%20federation%20for%20securities%3A%20The%20Financial%20Regulatory,securities%2C%20according%20to%20a%20statement.\">The Egyptian Federation for Securities<\/a> will hold elections for its board of directors after they were <a href=\"https:\/\/bit.ly\/3hpX2Bp\">postponed<\/a> in March due to the lockdown.<\/p>\n<p>1 September (Tuesday): Tourist activities will resume in <a href=\"https:\/\/bit.ly\/2FGrdpU\">Luxor<\/a> and <a href=\"https:\/\/bit.ly\/31hAZY2\">Aswan<\/a>.<\/p>\n<p>1 September (Tuesday): All tourists flying to Egypt must show PCR tests.<\/p>\n<p>September (date TBD): The General Authority for Investment (GAFI) <a href=\"https:\/\/bit.ly\/3kOkVVq\">will host<\/a> a virtual meeting with the Arab-German Chamber of Commerce and Industry and some 120 German companies to discuss investment prospects in Egypt.<\/p>\n<p>8-9 September (Tuesday-Wednesday): Run-off Senate elections.<\/p>\n<p>9 September-25 October: KLM to run passenger flights to Cairo for the first time since 2017.<\/p>\n<p>12 September (Saturday): Court session for Egyptian Resorts Company lawsuit against the Tourism Development Authority<\/p>\n<p>14-15 September (Monday-Tuesday) The Chemical Industries Export Council will organize a <a href=\"https:\/\/bit.ly\/3kBMjWw\">virtual conference<\/a> to discuss export options for Egyptian chemical exporters in Kenya and Uganda<\/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>16 September (Wednesday): The last day for the final results of the senate elections to be announced. <\/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>Late October or November: Voters head to the polls to elect a new House of Representatives. Election dates still TBD.<\/p>\n<p>1 October (Thursday): House of Representatives reconvenes for its sixth and final legislative session before elections for the house later in October or November.<\/p>\n<p>4 October (Sunday): Senate convenes for its first session.<\/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>4-7 November (Wednesday-Saturday): <a href=\"https:\/\/www.cityscapeegypt.com\/en\/Home.html\">Cityscape Egypt Expo<\/a>, International Exhibition Center, Cairo<\/p>\n<p>12 November (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>1 December (Tuesday): The IMF will conduct a first review of targets set under the USD 5.2 bn standby loan approved in June (proposed date).<\/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 2021 (Monday): Sham El Nessim.<\/p>\n<p>6 May 2021 (Thursday): National holiday in observance of Sham El Nessim.<\/p>\n<p>12-15 May 2021 (Wednesday-Saturday): Eid El Fitr (TBC).<\/p>\n<p>1 June 2021 (Tuesday): The IMF will conduct a second review of targets set under the USD 5.2 bn standby loan approved in June 2020 (proposed date).<\/p>\n<p>10 June 2021 (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>26-29 June 2021 (Saturday-Tuesday): <a href=\"https:\/\/www.thebig5constructegypt.com\/?utm_source=Adestra&utm_medium=email&CID=003D000002UIHn4IAH&utm_campaign=Egyp%5Bt%20postponement%20generic%20exp%20visp&utm_term&utm_content=7014G000001cG3zQAE&CNAME=Enterprise\">The Big 5 Construct Egypt<\/a>, Cairo International Convention Center<\/p>\n<p>22 July 2021 (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":573946,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-573945","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"e21ef916-467b-4fbe-9957-c77b33bfe1a3","teaser":"","photo_url":"https:\/\/ent.news\/2020\/8\/191.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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