{"id":574069,"date":"2020-08-30T04:01:41","date_gmt":"2020-08-30T04:01:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=574069"},"modified":"2025-12-16T09:30:36","modified_gmt":"2025-12-16T09:30:36","slug":"efg-gb-capital-close-tokio-marine-egypt-family-takaful-acquisition","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/efg-gb-capital-close-tokio-marine-egypt-family-takaful-acquisition\/","title":{"rendered":"EFG, GB Capital close Tokio Marine Egypt Family Takaful acquisition"},"content":{"rendered":"<section id=\"574071\" 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=\"574071\">\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\/30\/what-were-tracking-on-sunday-29-august-2020\/\">\r\n                            What we\u2019re tracking on Sunday, 29 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\/30\/what-were-tracking-on-sunday-29-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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Among the highlights to which you can look forward this coming month:<\/p><ul>\n<li><strong>Mandatory covid testing: <\/strong>All arrivals to Egypt (citizens, tourists and residents alike) need to produce a negative RT-PCR test for covid-19 starting Tuesday, 1 September.<\/li>\n<li><strong>Museum and archaeological sites <\/strong>are set to reopen nationwide on Tuesday;<\/li>\n<li><strong>New school year: <\/strong>Look for a gov\u2019t announcement on the shape of the new school year sometime in the <strong>first week<\/strong> of September;<\/li>\n<li><strong>PMI figures for August<\/strong> will land on Thursday, 3 September;<\/li>\n<li><strong>Foreign reserves figures<\/strong> should be out early next week;<\/li>\n<li><strong>Runoff elections <\/strong>for Senate seats are scheduled for 8-9 September. Look for final results on the 16th.<\/li>\n<li><strong>Inflation data for August<\/strong> should be out on or around Thursday, 10 September;<\/li>\n<li><strong>Interest rates <\/strong>next come up for review at the CBE on Thursday, 24 September.<\/li>\n<\/ul><p><strong>The Union National Bank (UNB) in Egypt rebadges as Abu Dhabi Commercial Bank today<\/strong> four months after UNB\u2019s parent company in the UAE <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/87e47606-7c19-471f-bb13-89711362cd69\">merged<\/a> with ADCB and Sharia-compliant lender Al Hilal Bank in April to create one of the Emirates\u2019 largest commercial lenders.<\/p><p><strong>SIGN OF THE TIMES- US stocks are headed for their best August since 1986<\/strong>, the <a href=\"https:\/\/www.ft.com\/content\/9cc779aa-d4b3-48d9-8878-f6690b4e34f3\">Financial<\/a> <a href=\"https:\/\/www.ft.com\/content\/9cc779aa-d4b3-48d9-8878-f6690b4e34f3\">Times<\/a> reports, but a sharp upticks in layoffs suggest companies around the world still face <strong><a href=\"https:\/\/www.wsj.com\/articles\/new-covid-19-layoffs-make-job-reductions-permanent-11598654257\">\u201cyears of pandemic-related disruptions\u201d<\/a><\/strong> and <strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-08-29\/job-cuts-at-mgm-coca-cola-boeing-herald-economic-pain-ahead\">\u201cherald economic pain ahead,\u201d<\/a><\/strong> the Wall Street Journal and Bloomberg note.<\/p><hr class=\"grey-line\"><p><strong>Egypt\u2019s covid-19 infection rate is still above 200:<\/strong> The Health Ministry <a href=\"https:\/\/bit.ly\/3hK0sPB\">reported<\/a> 237 new cases of covid-19 on Thursday, the highest daily tally in almost a month. The single-day toll <a href=\"https:\/\/bit.ly\/31HclAh\">fell back to 212<\/a> yesterday <a href=\"https:\/\/bit.ly\/2EMSXZL\">from 223<\/a> on Friday. <strong>Cases are up from a low of 89 a week ago<\/strong> today. Egypt has now disclosed 98,497 confirmed cases of covid-19. The ministry also reported 14 new deaths, bringing the country\u2019s total death toll to 5,376. We now have a total of 71,302 confirmed cases that have fully recovered.<\/p><p><strong>Transportation services for tourists will resume starting 1 September,<\/strong> under <a href=\"https:\/\/bit.ly\/3gFXHh5\">new<\/a> <a href=\"https:\/\/bit.ly\/3gFXHh5\">guidelines<\/a> issued by the Tourism Ministry on Friday. Larger buses will be allowed to operate at 50% capacity while smaller cars are capped at two passengers at any given time. Drivers and passengers will be required to wear face masks during trips. This comes as authorities <a href=\"https:\/\/bit.ly\/31BlLNI\">prepare to reopen archaeological sites and museums<\/a> to tourists on 1 September.<\/p><p><strong>VACCINE WATCH- A Chinese vaccine could be destined for Egypt:<\/strong> A covid-19 vaccine being developed in China could be made available in Egypt within four months if it proves effective, according to statements by a Health Ministry spokesperson cited by <a href=\"https:\/\/bit.ly\/3jrKUAt\">Masrawy<\/a>. The Health Ministry <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5d2765f5-252e-4315-9c7d-9712d50c8581\">said last week<\/a> that the two countries will sign next month an agreement to start working together on a covid-19 vaccine. Egyptian scientists are in the third stage of clinical trials on a homegrown covid-19 vaccine, and the ministry has simultaneously <a href=\"https:\/\/bit.ly\/3hA6Itm\">contacted six international manufacturers<\/a> to get its hands on an internationally developed vaccine as soon as possible. Russia could also potentially manufacture its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/caacfa43-9823-42c2-b386-17e9406becd2\">Sputnik V vaccine<\/a> here in Egypt.<\/p><p><strong>EgyptAir is now operating at 45% of its pre-covid capacity<\/strong> for the first time since the country resumed international flights on 1 July, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=29082020&amp;id=42ac69d1-0751-4a36-91d2-892d72c53855\">Al Shorouk<\/a> reports.<\/p><p><strong>The carrier is also offering discounts on tickets to select European destinations<\/strong> booked before 15 September, <a href=\"https:\/\/bit.ly\/2EBXRJe\">Al Mal<\/a> reports.<\/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><\/p><p><strong>Delivery Hero to purchase InstaShop for USD 270 mn as it eyes MENA expansion: <\/strong>German takeout delivery service Delivery Hero is reportedly buying Dubai-based online grocery marketplace InstaShop for some USD 270 mn as delivery services and stay at home dining soars under covid-19, <a href=\"https:\/\/www.reuters.com\/article\/us-delivery-hero-m-a\/delivery-hero-buys-instashop-to-expand-in-middle-east-north-africa-idUSKBN25N0JI\">Reuters<\/a> reports. InstaShop operates in Egypt, the UAE, Qatar, Bahrain, and Lebanon.<\/p><p><strong>The UAE has formally dropped its boycott of Israel<\/strong>, in the latest concrete sign that the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4a356ca5-72ec-4b05-857c-f572ae2910da\">normalization agre<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4a356ca5-72ec-4b05-857c-f572ae2910da\">ement<\/a> signed between the two countries is swiftly moving forward, the UAE\u2019s state news agency <a href=\"https:\/\/www.wam.ae\/en\/details\/1395302865596\">WAM<\/a> reports. Also this weekend, <strong>Israel listed the first ever commercial flight to UAE on Friday<\/strong>, with the El Al plane set to land in Abu Dhabi on Monday, according to <a href=\"https:\/\/apnews.com\/3c287c197d12030221a2e50c53c0677d\">the Associated Press<\/a>. In the latest show of the budding bromance, the <a href=\"https:\/\/www.iaa.gov.il\/en-US\/rashot\/Pages\/default.aspx\">Israel Airports Authority<\/a> numbered the flight LY971, a nod to the UAE\u2019s international calling code number, while the return flight to Tel Aviv on Tuesday will be numbered LY972, Israel\u2019s international calling code, writes <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-08-28\/israel-lists-first-commercial-passenger-flight-to-uae?srnd=premium-middle-east&amp;sref=mmeFTDW1\">Bloomberg<\/a>.<\/p><p><strong>Japan\u2019s Prime Minister Shinzo Abe, 65, stepped down on Friday citing health reasons<\/strong>, writes <a href=\"https:\/\/www.nytimes.com\/2020\/08\/28\/world\/asia\/shinzo-abe-resign-japan.html\">the New York Times<\/a>. The nationalist leader announced his resignation just four days after setting the record for the longest serving prime minister.<\/p><p><strong>The end of Abenomics?<\/strong> Abe\u2019s self-titled economic program ramped up state investment, eased monetary policy and cut regulations in a bid to haul the Japanese economy out of years of stagflation. The reform program saw Japan\u2019s economy experience its longest run of post-World War II growth, unemployment fall to a 25-year low and the country\u2019s main stock index double in value, according to <a href=\"https:\/\/www.wsj.com\/articles\/japans-shinzo-abe-leaves-abenomics-project-unfinished-11598633853\">The Wall Street Journal<\/a>.<\/p><p><em>Correction (30\/08\/2020): A previous version of this article incorrectly stated that as of 1 September inbound travellers to Egyptian airports have to possess PCR test results taken no earlier than 48 hours before arrival.<\/em><\/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 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Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/building-violations-university-applications-top-stories-on-moussas-talk-show\/\">\r\n                            Building violations, university applications top stories on Moussa\u2019s talk show                        <\/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\/30\/building-violations-university-applications-top-stories-on-moussas-talk-show\/\" target=\"_blank\">\n                  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<div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574073\" class=\"content-area-description single-story post-574073 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-building-code tag-education tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-khaled-abdel-ghaffar tag-local-development-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Ahmed Moussa effectively had the airwaves to himself last night,<\/strong> with the other talking heads delivering little of note.<\/p>\n<p><strong>Some students will find out today what they\u2019ll study this fall<\/strong><strong>: <\/strong>Ala Mas\u2019ouleety\u2019s Ahmed Moussa spoke with Higher Education Minister Khaled Abdel El Ghaffar, who said that the first bunch of university admissions will be announced today. The ministry is announcing university placements over several phases rather than all at once. Abdel El Ghaffar said that around 30% of science students achieved a score of over 95% in their exams, which has resulted in a large volume of applications to the faculties of physiotherapy, dentistry, pharmacy, medicine, and engineering <a href=\"https:\/\/www.youtube.com\/watch?v=IHQQ1yF3MCo&t=150s\">(watch, runtime: 3:31)<\/a>, <a href=\"https:\/\/www.youtube.com\/watch?v=GKglVeJjl-U&t=98s\">(watch, runtime: 2:43)<\/a>.<\/p>\n<p><strong>No quarter for building violators:<\/strong> Moussa also spoke with Local Development Ministry spokesperson Khaled Qassem, who said that the government will act decisively against people who build illegally on government land. Qassem said that the ministry had reclaimed 3.8 mn square meters and 7,114 feddans of state property, and they addressed 3,885 violations cases on the agricultural lands <a href=\"https:\/\/www.youtube.com\/watch?v=xK0E6uQN8gU\">(watch, runtime: 9:45)<\/a>. President Abdel Fattah El Sisi yesterday threatened to deploy the military to crack down on violators during a speech at the inauguration of several national projects in Alexandria. We have more in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>Expansion of natural gas grid:<\/strong> Moussa spoke with the prime minister\u2019s media advisor, Hani Younes, who said that the number of citizens who received natural gas to their homes rose by 5 mn people in the period spanning 2014 to 2020. Younes added that the government has spent EGP 6 bn on developing Nasser City west of Assiut <a href=\"https:\/\/www.youtube.com\/watch?v=gYDR4Bq26pc\">(watch, runtime: 8:32)<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/building-code\/\">building code<\/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\/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\/khaled-abdel-ghaffar\/\">Khaled Abdel Ghaffar<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574074\" 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=\"574074\">\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\/30\/egypts-reliance-on-tourism-weighs-on-economic-vulnerability-report\/\">\r\n                            Egypt\u2019s reliance on tourism weighs on economic vulnerability -report                        <\/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\/30\/egypts-reliance-on-tourism-weighs-on-economic-vulnerability-report\/\" 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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That places us among the 63% of all middle-income countries who face that level of risk. \u201cThe pandemic and restrictions on the movement of people have all but wiped out tourism \u2026 and a global recession is expected to diminish tourist revenues long after restrictions are removed,\u201d says the report, which assesses countries outside the EU. Morocco and Tunisia also face similar threat levels, with the general rule being that countries highly reliant on tourism are facing more \u201celevated risks.\u201d<\/p>\n<p><strong>This comes as tourism stages a modest comeback of late:<\/strong> As of last week <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0eaf9325-0e0a-41e6-b9df-03ccfd893256\">126k tourists<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0eaf9325-0e0a-41e6-b9df-03ccfd893256\">had visited the country<\/a> since inbound tourism resumed on 1 July and both charter and scheduled <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2d161473-069f-478f-88c3-903283812882\">flights are back<\/a>.<\/p>\n<p><strong>But we\u2019re still facing challenges \u2014 TUI cancels Egypt holidays: <\/strong>TUI on Friday <a href=\"https:\/\/www.manchestereveningnews.co.uk\/news\/uk-news\/tui-issue-update-flights-holidays-18844146\">cancelled all charter flights<\/a> that were scheduled to depart to Egypt on or before 13 September.<\/p>\n<p><strong>A drop in remittances, another key source of foreign currency, also heightens Egypt\u2019s economic vulnerability<\/strong> as the country is \u201creliant on this form of revenue,\u201d says the EIB.<\/p>\n<p><strong>Other risk factors:<\/strong> Egypt\u2019s \u201chealth system and demography\u201d and the capacity of its banking sector were judged by EIB to be highly vulnerable to the covid-19 fallout.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economic-vulnerability-index-report\/\">Economic Vulnerability Index report<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/european-investment-bank\/\">European Investment Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574097\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574098\" 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=\"574098\">\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\/30\/egypt-in-the-news-on-30-august-2020\/\">\r\n                            Egypt in the News on 30 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\/30\/egypt-in-the-news-on-30-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\/30\/egypt-in-the-news-on-30-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\/30\/egypt-in-the-news-on-30-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 30 August 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/egypt-in-the-news-on-30-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\/30\/egypt-in-the-news-on-30-august-2020\/&title=Egypt in the News on 30 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+30+August+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F30%2Fegypt-in-the-news-on-30-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\/30\/egypt-in-the-news-on-30-august-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574098\" class=\"content-area-description single-story post-574098 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-art tag-egypt-in-the-news tag-enterpriseam tag-human-rights-watch tag-israel tag-judiciary tag-law tag-muslim-brotherhood tag-terrorism tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Leading the conversation on Egypt this morning: <\/strong><strong><a href=\"https:\/\/bit.ly\/34MguVs\">The arrest<\/a><\/strong><strong> of the acting leader of the <\/strong><strong>Muslim Brotherhood, Mahmoud Ezzat<\/strong>, during a raid his hideout in Fifth Settlement. The 76-year-old Ezzat has been on the run for the past seven years and was sentenced death in absentia on terrorism charges. He now faces a mandatory retrial. Picking up the story: <a href=\"https:\/\/apnews.com\/a4d4a4e7a8bc8b48fb8f3794732dfa50\">The Associated Press<\/a> | <a href=\"https:\/\/af.reuters.com\/article\/commoditiesNews\/idAFL8N2FU67V\">Reuters<\/a> | <a href=\"https:\/\/www.nytimes.com\/2020\/08\/28\/world\/middleeast\/egypt-muslim-brotherhood-ezzat.html\">New York Times<\/a> | <a href=\"https:\/\/www.arabnews.com\/node\/1725961\/middle-east\">Arab News<\/a>. Meanwhile, <a href=\"https:\/\/www.hrw.org\/news\/2020\/08\/28\/egypt-veteran-human-rights-defender-bahey-el-din-hassan-sentenced-15-years-prison\">HRW<\/a> and the <a href=\"https:\/\/carnegieendowment.org\/2020\/08\/28\/working-group-on-egypt-statement-on-escalating-harassment-of-human-rights-defenders-pub-82592\">Carnegie Endowment for International Peace<\/a> are condemning <strong>rights activist Bahey Eldin Hassan\u2019s sentencing to 15 years in <\/strong><strong>prison.<\/strong><\/p>\n<p><strong>From the Culture Desk:<\/strong> <a href=\"https:\/\/www.thejakartapost.com\/life\/2020\/08\/28\/egyptian-cinema-hit-hard-by-pandemic.html\">AFP<\/a> takes a look at the plight of Egyptian cinema through the pandemic while <a href=\"https:\/\/www.haaretz.com\/israel-news\/.premium-israel-uae-normalization-is-a-test-for-egypt-and-jordan-1.9109276\">Haaretz<\/a> puts Egypt\u2019s \u2018refusal\u2019 to normalize cultural ties with Israel in the spotlight.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/art\/\">art<\/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\/human-rights-watch\/\">Human Rights Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/judiciary\/\">judiciary<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/muslim-brotherhood\/\">Muslim Brotherhood<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/terrorism\/\">terrorism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/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=\"574099\" 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=\"574099\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/diplomacy-foreign-trade-on-30-august-2020\/\">\r\n                            Diplomacy + Foreign Trade on 30 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\/30\/diplomacy-foreign-trade-on-30-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\/30\/diplomacy-foreign-trade-on-30-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\/30\/diplomacy-foreign-trade-on-30-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 30 August 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/diplomacy-foreign-trade-on-30-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\/30\/diplomacy-foreign-trade-on-30-august-2020\/&title=Diplomacy + Foreign Trade on 30 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+30+August+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F30%2Fdiplomacy-foreign-trade-on-30-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\/30\/diplomacy-foreign-trade-on-30-august-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574099\" class=\"content-area-description single-story post-574099 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-african-union tag-denmark tag-diplomacy-foreign-trade tag-electricity-ministry tag-enterpriseam tag-ethiopia tag-fathi-bashagha tag-gerd tag-international-cooperation-ministry tag-libya tag-sudan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>GERD and Turkey dominate news on the diplomacy and foreign trade fronts after an eventful weekend. <\/strong>In other news:<\/p>\n<p><strong>New opportunities for citrus exporters, petchem players? <\/strong>Some 600 products will be fully exempt from custom duties starting 1 September under a trade agreement with the four South American Mercosur countries, <a href=\"https:\/\/bit.ly\/34JS4vW\">the Trade and Industry Ministry said<\/a>. The products include cement, natural gas, citrus fruits, and other petroleum-based products including butane, propane, nitrogen, and glues.<\/p>\n<p><strong>Egypt and Denmark have inked a clean energy agreement:<\/strong> The electricity and international cooperation ministries have signed an agreement with the Danish Ministry of Climate Energy and Utilities to facilitate Egypt\u2019s transition toward clean and renewable energy, a cabinet <a href=\"https:\/\/bit.ly\/3b56h7O\">statement<\/a> said on Saturday. The agreement aims to boost commercial ties and facilitate knowledge exchange through technical and in-kind assistance. The statement did not provide additional details on projects or timeframe.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/african-union\/\">African Union<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/denmark\/\">Denmark<\/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\/electricity-ministry\/\">Electricity Ministry<\/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\/fathi-bashagha\/\">Fathi Bashagha<\/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\/international-cooperation-ministry\/\">International Cooperation Ministry<\/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\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574100\" 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=\"574100\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/ebrd-could-contribute-usd-54-mn-to-200-mw-kom-ombo-solar-plant\/\">\r\n                            EBRD could contribute USD 54 mn to 200 MW Kom Ombo solar plant                        <\/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\/30\/ebrd-could-contribute-usd-54-mn-to-200-mw-kom-ombo-solar-plant\/\" 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\/30\/ebrd-could-contribute-usd-54-mn-to-200-mw-kom-ombo-solar-plant\/')\">\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\/30\/ebrd-could-contribute-usd-54-mn-to-200-mw-kom-ombo-solar-plant\/\">\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=EBRD could contribute USD 54 mn to 200 MW Kom Ombo solar plant&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/ebrd-could-contribute-usd-54-mn-to-200-mw-kom-ombo-solar-plant\/\">\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\/30\/ebrd-could-contribute-usd-54-mn-to-200-mw-kom-ombo-solar-plant\/&title=EBRD could contribute USD 54 mn to 200 MW Kom Ombo solar plant\">\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=EBRD+could+contribute+USD+54+mn+to+200+MW+Kom+Ombo+solar+plant+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F30%2Febrd-could-contribute-usd-54-mn-to-200-mw-kom-ombo-solar-plant%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\/30\/ebrd-could-contribute-usd-54-mn-to-200-mw-kom-ombo-solar-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574100\" class=\"content-area-description single-story post-574100 post type-post status-publish format-standard hentry category-energy tag-climate tag-ebrd tag-energy tag-enterpriseam tag-renewable-energy tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The European Bank for Reconstruction and Development (EBRD) said that it is considering providing Acwa Power with USD 54 mn to help build and develop a 200 MW solar power plant in Kom Ombo, according to a <a href=\"https:\/\/www.ebrd.com\/work-with-us\/projects\/psd\/51664.html\">statement<\/a>on Friday. The loan would comprise USD 40 mn in senior debt financing and an equity bridge loan of USD 14 mn. The loan is slated for approval on 30 September. The project would be one of the largest privately-developed solar plant projects in Egypt.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate\/\">Climate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ebrd\/\">EBRD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574102\" 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=\"574102\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/national-projects-inaugurated-in-alexandria\/\">\r\n                            National projects inaugurated in Alexandria                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/national-projects-inaugurated-in-alexandria\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/national-projects-inaugurated-in-alexandria\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/national-projects-inaugurated-in-alexandria\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=National projects inaugurated in Alexandria&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/national-projects-inaugurated-in-alexandria\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/national-projects-inaugurated-in-alexandria\/&title=National projects inaugurated in Alexandria\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=National+projects+inaugurated+in+Alexandria+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F30%2Fnational-projects-inaugurated-in-alexandria%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/national-projects-inaugurated-in-alexandria\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574102\" class=\"content-area-description single-story post-574102 post type-post status-publish format-standard hentry category-infrastructure tag-bashayer-el-kheir tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Bashayer El Kheir 2 housing project, the new Borg El Arab sewage treatment facility, the Mahmoudia highway development project and a number of oil and gas projects have been completed in Alexandria, President Abdel Fattah El Sisi said yesterday at the inauguration ceremony, according to <a href=\"https:\/\/bit.ly\/34IhslJ\">a statement by Ittihadiya spokesperson Bassam Rady<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bashayer-el-kheir\/\">Bashayer El Kheir<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574103\" 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=\"574103\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/egypt-targets-15-6-tonnes-of-gold-production-in-fy2020-2021\/\">\r\n                            Egypt targets 15.6 tonnes of gold production in FY2020-2021                        <\/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\/30\/egypt-targets-15-6-tonnes-of-gold-production-in-fy2020-2021\/\" 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\/30\/egypt-targets-15-6-tonnes-of-gold-production-in-fy2020-2021\/')\">\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\/30\/egypt-targets-15-6-tonnes-of-gold-production-in-fy2020-2021\/\">\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 targets 15.6 tonnes of gold production in FY2020-2021&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/egypt-targets-15-6-tonnes-of-gold-production-in-fy2020-2021\/\">\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\/30\/egypt-targets-15-6-tonnes-of-gold-production-in-fy2020-2021\/&title=Egypt targets 15.6 tonnes of gold production in FY2020-2021\">\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+targets+15.6+tonnes+of+gold+production+in+FY2020-2021+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F30%2Fegypt-targets-15-6-tonnes-of-gold-production-in-fy2020-2021%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\/30\/egypt-targets-15-6-tonnes-of-gold-production-in-fy2020-2021\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574103\" class=\"content-area-description single-story post-574103 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-centamin tag-egyptian-mineral-resources-authority tag-enterpriseam tag-gold tag-mineral-resources-act tag-mining wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt is targeting the production of 15.6 tonnes of gold in the current fiscal year, the <a href=\"https:\/\/alborsaanews.com\/2020\/08\/29\/1377980\">local press<\/a> reports, citing unnamed government sources.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/centamin\/\">Centamin<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-mineral-resources-authority\/\">Egyptian Mineral Resources Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gold\/\">gold<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mineral-resources-act\/\">Mineral Resources Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mining\/\">mining<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574104\" 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=\"574104\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/egyptian-drug-authority-to-grant-incentives-to-pharma-companies-for-export-bound-contract-manufacturing\/\">\r\n                            Egyptian Drug Authority to grant incentives to pharma companies for export-bound contract manufacturing                        <\/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\/30\/egyptian-drug-authority-to-grant-incentives-to-pharma-companies-for-export-bound-contract-manufacturing\/\" 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\/30\/egyptian-drug-authority-to-grant-incentives-to-pharma-companies-for-export-bound-contract-manufacturing\/')\">\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\/30\/egyptian-drug-authority-to-grant-incentives-to-pharma-companies-for-export-bound-contract-manufacturing\/\">\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=Egyptian Drug Authority to grant incentives to pharma companies for export-bound contract manufacturing&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/egyptian-drug-authority-to-grant-incentives-to-pharma-companies-for-export-bound-contract-manufacturing\/\">\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\/30\/egyptian-drug-authority-to-grant-incentives-to-pharma-companies-for-export-bound-contract-manufacturing\/&title=Egyptian Drug Authority to grant incentives to pharma companies for export-bound contract manufacturing\">\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=Egyptian+Drug+Authority+to+grant+incentives+to+pharma+companies+for+export-bound+contract+manufacturing+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F30%2Fegyptian-drug-authority-to-grant-incentives-to-pharma-companies-for-export-bound-contract-manufacturing%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\/30\/egyptian-drug-authority-to-grant-incentives-to-pharma-companies-for-export-bound-contract-manufacturing\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574104\" class=\"content-area-description single-story post-574104 post type-post status-publish format-standard hentry category-health-education tag-egyptian-drug-authority tag-enterpriseam tag-health-education tag-pharma wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Drug Authority is looking to provide a set of incentives to contract manufacturing for export markets, said Egyptian Drug Authority spokesperson Aly El Ghamrawy according to <a href=\"https:\/\/bit.ly\/3b6RA3W\">a cabinet statement<\/a>. The authority is planning to set a temporary approval mechanism for contract manufacturing that bypasses the requirement for local manufacturers to register products with the authority for domestic sale.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-drug-authority\/\">Egyptian Drug Authority<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pharma\/\">pharma<\/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=\"574105\" 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=\"574105\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/hyper-one-inaugurates-egp-650-mn-new-branch-on-cairo-alex-road\/\">\r\n                            Hyper One inaugurates EGP 650 mn new branch on Cairo-Alex road                        <\/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\/30\/hyper-one-inaugurates-egp-650-mn-new-branch-on-cairo-alex-road\/\" 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\/30\/hyper-one-inaugurates-egp-650-mn-new-branch-on-cairo-alex-road\/')\">\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\/30\/hyper-one-inaugurates-egp-650-mn-new-branch-on-cairo-alex-road\/\">\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=Hyper One inaugurates EGP 650 mn new branch on Cairo-Alex road&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/hyper-one-inaugurates-egp-650-mn-new-branch-on-cairo-alex-road\/\">\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\/30\/hyper-one-inaugurates-egp-650-mn-new-branch-on-cairo-alex-road\/&title=Hyper One inaugurates EGP 650 mn new branch on Cairo-Alex road\">\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=Hyper+One+inaugurates+EGP+650+mn+new+branch+on+Cairo-Alex+road+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F30%2Fhyper-one-inaugurates-egp-650-mn-new-branch-on-cairo-alex-road%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\/30\/hyper-one-inaugurates-egp-650-mn-new-branch-on-cairo-alex-road\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574105\" class=\"content-area-description single-story post-574105 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing tag-retail wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Hyper One supermarket has opened a new 50k sqm location in New Sphinx City on the Cairo-Alexandria desert road, Mohamed El-Hawari, chairman of the retail chain group, told <a href=\"https:\/\/bit.ly\/34Ft34Z\">Hapi Journal<\/a>. Construction cost the company some EGP 650 mn.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/retail\/\">retail<\/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=\"574106\" 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=\"574106\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/ict-ministry-launches-beta-version-of-its-digitized-government-services-portal\/\">\r\n                            ICT Ministry launches beta version of its digitized government services portal                        <\/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\/30\/ict-ministry-launches-beta-version-of-its-digitized-government-services-portal\/\" 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\/30\/ict-ministry-launches-beta-version-of-its-digitized-government-services-portal\/')\">\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\/30\/ict-ministry-launches-beta-version-of-its-digitized-government-services-portal\/\">\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=ICT Ministry launches beta version of its digitized government services portal&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/ict-ministry-launches-beta-version-of-its-digitized-government-services-portal\/\">\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\/30\/ict-ministry-launches-beta-version-of-its-digitized-government-services-portal\/&title=ICT Ministry launches beta version of its digitized government services portal\">\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=ICT+Ministry+launches+beta+version+of+its+digitized+government+services+portal+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F30%2Fict-ministry-launches-beta-version-of-its-digitized-government-services-portal%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\/30\/ict-ministry-launches-beta-version-of-its-digitized-government-services-portal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574106\" class=\"content-area-description single-story post-574106 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 ICT Ministry launched on Thursday the beta version of its digitized government services portal, according to <a href=\"https:\/\/www.instagram.com\/p\/CEXEVo7HiE4\/?igshid=1vfr2oxn490jd\">a ministry statement<\/a>. The new online platform (<a href=\"https:\/\/digital.gov.eg\/\">digital.gov.eg<\/a>) allows users to create a personal account by registering a national ID and mobile phone number that would enable access to 70 government services including driver\u2019s license renewal, subsidy card access, official document requests and notary services. The platform will also be accepting service payments through e-payment companies on the new platform and a mobile application <a href=\"https:\/\/bit.ly\/2YNNngH\">will be launched<\/a> in the coming weeks before the full launch of the digitized platform will be made available by the end of the year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"574107\" 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=\"574107\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/cib-mnhd-sign-egp-1-1-bn-syndicated-loan-agreement\/\">\r\n                            CIB, MNHD sign EGP 1.1 bn syndicated loan agreement                        <\/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\/30\/cib-mnhd-sign-egp-1-1-bn-syndicated-loan-agreement\/\" 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\/30\/cib-mnhd-sign-egp-1-1-bn-syndicated-loan-agreement\/')\">\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\/30\/cib-mnhd-sign-egp-1-1-bn-syndicated-loan-agreement\/\">\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, MNHD sign EGP 1.1 bn syndicated loan agreement&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/cib-mnhd-sign-egp-1-1-bn-syndicated-loan-agreement\/\">\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\/30\/cib-mnhd-sign-egp-1-1-bn-syndicated-loan-agreement\/&title=CIB, MNHD sign EGP 1.1 bn syndicated loan agreement\">\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%2C+MNHD+sign+EGP+1.1+bn+syndicated+loan+agreement+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F30%2Fcib-mnhd-sign-egp-1-1-bn-syndicated-loan-agreement%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\/30\/cib-mnhd-sign-egp-1-1-bn-syndicated-loan-agreement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574107\" class=\"content-area-description single-story post-574107 post type-post status-publish format-standard hentry category-banking-finance tag-banking tag-banking-finance tag-cib tag-debt tag-enterpriseam tag-finance tag-investment-watch tag-real-estate wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Our friends at CIB will be leading a consortium to arrange a EGP 1.1 bn syndicated loan for Madinet Nasr Housing and Development (MNHD), MNHD said in <a href=\"https:\/\/www.egx.com.eg\/ar\/NewsDetails.aspx?NewsID=201648\">a regulatory filing<\/a>. The Arab Investment Bank, the Egyptian Gulf Bank, and the Union National Bank are also participating in the seven-year facility. The loan\u2019s proceeds will help MNHD push forward with plans to invest EGP 12 bn over the next three years in its <a href=\"https:\/\/www.sarai.mnhd.com\/\">Sarai<\/a> and <a href=\"http:\/\/tajcity.mnhd.com\/\">Taj City<\/a> compounds.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cib\/\">CIB<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574108\" 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=\"574108\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/court-upholds-one-year-jail-term-for-hisham-geneina\/\">\r\n                            Court upholds one-year jail term for Hisham Geneina                        <\/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\/30\/court-upholds-one-year-jail-term-for-hisham-geneina\/\" 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\/30\/court-upholds-one-year-jail-term-for-hisham-geneina\/')\">\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\/30\/court-upholds-one-year-jail-term-for-hisham-geneina\/\">\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=Court upholds one-year jail term for Hisham Geneina&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/court-upholds-one-year-jail-term-for-hisham-geneina\/\">\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\/30\/court-upholds-one-year-jail-term-for-hisham-geneina\/&title=Court upholds one-year jail term for Hisham Geneina\">\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=Court+upholds+one-year+jail+term+for+Hisham+Geneina+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F30%2Fcourt-upholds-one-year-jail-term-for-hisham-geneina%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\/30\/court-upholds-one-year-jail-term-for-hisham-geneina\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574108\" class=\"content-area-description single-story post-574108 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-corruption tag-egypt-politics-economics tag-enterpriseam tag-judiciary wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The New Cairo Misdemeanor Court upheld on Thursday a suspended one-year prison sentence for former head of the Central Auditing Organisation (CAO), Hisham Geneina, and fined him EGP 20k on charges of spreading false information, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2022595\">Al Masry Al Youm<\/a> reports. Charges against Geniena were brought to court in 2016 after he had alleged government corruption had cost taxpayers some EGP 600 bn between 2012 and 2015. Geneina is currently serving a separate five-year sentence handed to him in 2018 by a military court on charges of spreading false news related to the armed forces and domestic affairs.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/corruption\/\">Corruption<\/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\/judiciary\/\">judiciary<\/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=\"574110\" 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=\"574110\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/black-panther-lead-chad-boseman-dies-of-cancer\/\">\r\n                            Black Panther lead Chad Boseman dies of cancer                        <\/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\/30\/black-panther-lead-chad-boseman-dies-of-cancer\/\" 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\/30\/black-panther-lead-chad-boseman-dies-of-cancer\/')\">\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\/30\/black-panther-lead-chad-boseman-dies-of-cancer\/\">\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=Black Panther lead Chad Boseman dies of cancer&url=https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/black-panther-lead-chad-boseman-dies-of-cancer\/\">\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\/30\/black-panther-lead-chad-boseman-dies-of-cancer\/&title=Black Panther lead Chad Boseman dies of cancer\">\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=Black+Panther+lead+Chad+Boseman+dies+of+cancer+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F08%2F30%2Fblack-panther-lead-chad-boseman-dies-of-cancer%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\/30\/black-panther-lead-chad-boseman-dies-of-cancer\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/243.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"574111\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/black-panther-lead-chad-boseman-dies-of-cancer\/243-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/243.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"243.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/243.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/243.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574110\" class=\"content-area-description single-story post-574110 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam tag-marvel wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Black Panther star Chad Boseman died of colon cancer on Friday at age 43<\/strong> after choosing to keep his four-year battle with the disease out of the press while filming the beloved Marvel movie and bringing King T\u2019Challa to life, according to <a href=\"https:\/\/apnews.com\/5f4352111fdead278da3651b44d311b8\">the Associated Press<\/a>. Black Panther was <a href=\"https:\/\/time.com\/black-panther\/\">celebrated<\/a> for marking a milestone in cinema with a predominantly black cast and an African American director while Boseman was always vocal about race issues in the industry during his acting career.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/marvel\/\">Marvel<\/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=\"574112\" 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=\"574112\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/the-market-yesterday-156\/\">\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\/30\/the-market-yesterday-156\/\" 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\/30\/the-market-yesterday-156\/')\">\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\/30\/the-market-yesterday-156\/\">\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\/30\/the-market-yesterday-156\/\">\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\/30\/the-market-yesterday-156\/&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%2F30%2Fthe-market-yesterday-156%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\/30\/the-market-yesterday-156\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574112\" class=\"content-area-description single-story post-574112 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 15.81 | Sell 15.91<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.82 | Sell 15.92<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.83 | Sell 15.93<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 11,462 (+0.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.5 bn (40% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -17.9%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session up 0.1%. CIB, the index\u2019s heaviest constituent, ended up 0.1%. EGX30\u2019s top performing constituents were Edita up 8.2%, Dice up 3.8%, and Sidi Kerir Petrochemicals up 3.1%. Thursday\u2019s worst performing stocks were Egyptian Iron and Steel down 2.95%, Orascom Development Egypt down 2.55%, and Juhayna down 2.0%. The market turnover was EGP 1.5 bn, and regional investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net short | EGP -5.5 mn<br \/>\n <strong>Regional<\/strong>: Net long | EGP +9.6 mn<br \/>\n <strong>Domestic<\/strong>: Net short | EGP -4.2 mn<\/p>\n<p><strong>Retail<\/strong>: 78.5% of total trades | 80.0% of buyers | 77.0% of sellers<br \/>\n <strong>Institutions<\/strong>: 21.5% of total trades | 20.0% of buyers | 23.0% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 42.97 (-0.16%)<br \/>\n <strong>Brent:<\/strong> USD 45.81 (+0.46%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.66 MMBtu, (-1.96%, October 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,974.90 \/ troy ounce (+2.19%)<\/p>\n<p><strong>TASI:<\/strong> 7,934 (-0.26%) (YTD: -5.42%)<br \/>\n <strong>ADX:<\/strong> 4,535 (+0.12%) (YTD: -10.65%)<br \/>\n <strong>DFM:<\/strong> 2,269 (-0.86%) (YTD: -17.92%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,853 (+0.42%)<br \/>\n <strong>QE:<\/strong> 9,882 (-0.16%) (YTD: -5.20%)<br \/>\n <strong>MSM:<\/strong> 3,737 (-0.28%) (YTD: -6.12%)<br \/>\n <strong>BB: <\/strong>1,380 (+0.57%) (YTD: -14.24%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574113\" 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\/30\/574113\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574113\" class=\"content-area-description single-story post-574113 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>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>31 August (Monday): The first ever commercial flight between Israel and UAE to land in Abu Dhabi<\/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 travelers to Egypt \u2014 including citizens, long-term residents and tourists \u2014 must show PCR tests.<\/p>\n<p>1-7 September (Tuesday-Tuesday): Possible announcement from the Education Ministry on what the new academic year will look like,<\/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 September (Tuesday) Online Egyptian-Bahraini Businessmen Association meeting <a href=\"https:\/\/www.alborsaanews.com\/2020\/08\/27\/1377531\">to discuss<\/a> mutual trade and investment opportunities.<\/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>24 September (Thursday): The European Union <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N2FU544\">will discuss<\/a> imposing sanctions on Turkey to limit the country\u2019s ability to expand its search for oil and gas in contested eastern Mediterranean waters.<\/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\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":574070,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-574069","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"d12b51b9-af68-45d3-8c80-f98c58b92b39","teaser":"","photo_url":"https:\/\/ent.news\/2020\/8\/232.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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