{"id":574860,"date":"2020-09-24T03:59:09","date_gmt":"2020-09-24T03:59:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=574860"},"modified":"2025-12-16T09:56:56","modified_gmt":"2025-12-16T09:56:56","slug":"wfh-survey-more-of-you-are-spending-time-in-the-office-under-hybrid-work-policies","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/wfh-survey-more-of-you-are-spending-time-in-the-office-under-hybrid-work-policies\/","title":{"rendered":"WFH Survey: More of you are spending time in the office under hybrid work policies"},"content":{"rendered":"<section id=\"574862\" 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=\"574862\">\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\/09\/24\/what-were-tracking-on-24-september-2020\/\">\r\n                            What we\u2019re tracking on 24 September 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\/09\/24\/what-were-tracking-on-24-september-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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All 11 economists and analysts surveyed in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e8425aa4-e5d7-459b-aa44-845d254d94e0\">our poll<\/a> said rates will likely remain unchanged as the central bank looks to support the EGP and protect the carry trade. A subsequent <a href=\"https:\/\/www.reuters.com\/article\/idUSKCN26D1F5\">Reuters poll<\/a> suggested much the same.<\/p><p><strong>The IMF will be back in town at the end of the year: <\/strong>An IMF delegation will visit Egypt in December to conduct the first of two reviews ahead of disbursing the second USD 3.2 bn second tranche of the one-year, emergency <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/16be15c7-809a-4228-ae03-8d3acd1c122f\">USD 5.2 bn stand-by loan<\/a> agreed earlier this year, Finance Minister Mohamed Maait told <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=23092020&amp;id=3ead6bd5-58c7-441a-8aa6-bff7af573f94\">Al Shorouk<\/a>. Egypt onboarded the first, USD 2 bn tranche of the loan in July to help cushion the economic fallout of covid-19.<\/p><p><strong>EFG Hermes\u2019 virtual investor conference is on its fourth day<\/strong>, with more than 650 institutional investors with aggregate AUM north of USD 17 tn connecting with top listed companies to chew over how things look in frontier and emerging markets. The conference runs until next Thursday, 1 October. You can <a href=\"https:\/\/2ndvirtualconference.efghermes.com\/pages\/home.aspx\">visit the conference website here<\/a>.<\/p><p><strong>US stocks plunged yesterday for the fifth time in six sessions<\/strong> amid signs business activity is cooling and that lawmakers aren\u2019t going to roll out more stimulus. The S&amp;P and the Nasdaq both fell more than 2%. <strong>Asian shares are down in early trading this morning<\/strong>, and futures point to more of the same in Europe later this morning.<\/p><hr class=\"grey-line\"><p><strong>VACCINE WATCH- <\/strong><strong>We\u2019ll learn more about Russia\u2019s Sputnik V vaccine in the coming days<\/strong> when Russia\u2019s sovereign wealth fund holds a conference on the vaccine, the date of which was not specified, <a href=\"https:\/\/bit.ly\/3iZzmVh\">Al Mal<\/a> reports. Egypt is in talks with Moscow to get its hands on the vaccine and is among the countries expected to take part in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e3502a12-5c3a-4f94-8c07-fe5c61467850\">phase 3 clinical trials<\/a>. <strong>Pfizer is about to start <\/strong><strong>phase three trials of its vaccine<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-09-22\/pfizer-s-covid-vaccine-trial-plan-may-beat-rivals-to-early-look?srnd=premium-middle-east&amp;sref=mmeFTDW1\">applying more extensive data analysis<\/a>, perhaps paving the way for regulatory approval soon after October, <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-usa-vaccines-focus\/pfizer-vaccine-trial-bets-on-early-win-against-coronavirus-documents-show-idUSKBN26835O\">Reuters<\/a> reports. <strong>And phase three trials of Johnson &amp; Johnson\u2019s single-shot vaccine started yesterday<\/strong>, the company <a href=\"https:\/\/www.jnj.com\/johnson-johnson-initiates-pivotal-global-phase-3-clinical-trial-of-janssens-covid-19-vaccine-candidate\">said in a statement<\/a>.<\/p><p><strong>There\u2019s one big caveat to all of this talk of phase three trials: Kids aren\u2019t covered<\/strong>, according to the <a href=\"https:\/\/www.nytimes.com\/2020\/09\/21\/parenting\/kids-vaccine-coronavirus.html?referringSource=articleShare\">New York Times<\/a>, which writes that a vaccine for children may not arrive before fall 2021, saying that \u201cno trials have yet begun in the United States to determine whether these vaccines are safe and effective for children.\u201d <strong>The best primer on covid vaccines: <\/strong><strong><a href=\"https:\/\/www.ft.com\/content\/e5012891-58da-4a4f-8a05-182adf3ba0e2\">How close is a coronavirus vaccine?<\/a><\/strong><\/p><hr class=\"grey-line\"><p><strong>***<\/strong><\/p><p><strong>COME BE OUR STYLE AND GRAMMAR NAZI- <\/strong>We\u2019re looking for <strong>a full-time copy editor <\/strong>to enforce house style, police facts and generally make us sound smarter than we really are.<\/p><p><strong>OR HELP US MAKE AWESOME GRAPHICS<\/strong>, bring our brand to life in all media (including new products and IRL) and develop our photo style as our first in-house photo and design editor. Solid chops with the usual apps (Adobe\u2019s suite, Procreate, Pixelmator, etc) a requirement, as is a strong visual aesthetic. It would be awesome if you had strong opinions (loosely held) on FF vs APS-C vs. film, too.<\/p><p><strong>Interested in applying?<\/strong> Send us your CV along with proof y\u2019all can edit (if you are interested in the copy editor vacancy) or that you have visual taste (for the design gig) and a solid cover letter telling us a bit about who you are and why you\u2019re a good fit for our team. The CV is nice, but the most important thing is a well-written cover letter. Please submit all applications to <a href=\"mailto:jobs@enterprisemea.com\">jobs@enterprisemea.com<\/a>.<\/p><p><strong>***<\/strong><\/p><hr class=\"grey-line\"><p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/3mJejZo\">reported<\/a><\/strong><strong> 121 new covid-19 infections yesterday<\/strong>, up from 113 the day before. Egypt has now disclosed a total of 102,375 confirmed cases of covid-19. The ministry also reported 16 new deaths, bringing the country\u2019s total death toll to 5,822. We now have a total of 91,843 confirmed cases that have fully recovered.<\/p><p><strong>Egypt\u2019s tourism rebound is outperforming its regional peers <\/strong>and the country has contained covid-19 cases among foreign visitors \u201cquite well,\u201d Tourism Minister Khaled El Enany said in an interview with Business Media Georgia (<a href=\"https:\/\/www.youtube.com\/watch?v=h5sMeDNKDlo&amp;ab_channel=BusinessMediaGeorgia\">watch, runtime 6:01<\/a>). Egypt has seen some <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/072e07e5-04ba-435f-a617-0fb3a35afe38\">250k tourists<\/a> visit Sharm El Sheikh and Hurghada since resuming flights in July, and as of late August, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0eaf9325-0e0a-41e6-b9df-03ccfd893256\">only a single suspected case of the virus<\/a> had been detected among foreign tourists.<\/p><p><strong>France will allow flights to Egypt\u2019s coastal cities to resume in October,<\/strong> El Enany said in a <a href=\"https:\/\/bit.ly\/3mOI5vF\">statement<\/a>yesterday.<\/p><p><strong>The Education Ministry has extended until 1 October the deadline for students to transfer<\/strong><strong> between schools<\/strong>, <a href=\"https:\/\/bit.ly\/35Vq8G1\">Youm7<\/a> reports, citing a ministry statement. The new academic year for public schools begins on 17 October and runs until 24 June 2021, with the mid-year break from 6-18 February 2021.<strong> The ministry has also distributed safety plans to some 60k schools<\/strong>, in collaboration with the health ministry, with guidelines on classroom capacity and distancing, <a href=\"https:\/\/bit.ly\/3kE94It\">Mubasher<\/a> reports, citing Education Minister Tarek Shawki, who spoke during a virtual session of the <a href=\"https:\/\/mitt-summit.com\/\">MENA Innovation and Technology Transfer (MITT)<\/a> Summit.<\/p><p><strong>A <\/strong><strong>resurgence<\/strong><strong> in covid-19 cases is threatening to dent the Eurozone\u2019s economic recovery<\/strong>, with the block\u2019s <a href=\"https:\/\/www.markiteconomics.com\/Public\/Home\/PressRelease\/99f2c589c7b24779ad366def3ba979d8\">flash PMI data (pdf)<\/a> for September falling to 50.1, down from 51.9 in August. The EU\u2019s composite purchasing managers index aggregates activity in the services and manufacturing sectors. The reading \u2014 which remains in expansionary territory despite the dip \u2014 suggests the \u201cinitial rebound\u201d after the lifting of lockdown measures is not here to stay, says <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-09-23\/europe-s-economic-revival-put-on-hold-by-virus-resurgence?sref=mmeFTDW1\">Bloomberg<\/a>. Governments have reintroduced some lockdown measures after cases <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5b41498c-e3b6-48af-9367-bf07cab8dd14\">began rising<\/a> in recent weeks.<\/p><p><strong>The world\u2019s poorest countries could be getting tailored debt restructuring plans<\/strong><strong> from large private lenders<\/strong> to resolve \u201cfundamental solvency concerns,\u201d <a href=\"https:\/\/www.reuters.com\/article\/us-emerging-g20-dssi-iif\/private-sector-readying-for-case-by-case-covid-19-debt-relief-for-poor-countries-iif-letter-to-g20-idUSKCN26D2A1?il=0\">Reuters<\/a> reported, citing a letter sent by the Institute of International (IIF) to G20 governments. A one-size-fits-all debt relief package would make it harder for riskier borrowers to access capital markets, making a case-by-case review more appropriate, the group said. This comes as creditors from around the world are expected to extend a debt relief initiative first <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8a377fd0-f92e-4d13-9a47-9b1be047ddb4\">announced in April<\/a>, and from which north of 70 of the poorest countries have benefited.<\/p><p><strong>Around our region:<\/strong><\/p><ul>\n<li><strong>The UAE is facing a deeper-than-expected economic contraction this year:<\/strong> The country\u2019s central bank now projects GDP to shrink 5.2%, down from its previous 3.6% forecast, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-09-23\/uae-central-bank-forecasts-deeper-economic-contraction-this-year?srnd=premium-middle-east&amp;sref=mmeFTDW1\">Bloomberg<\/a> reports.<\/li>\n<li><strong>Kuwait downgraded:<\/strong> A worsening liquidity crunch in Kuwait and a delay in legal authorization to issue new debt led to the country\u2019s first-ever credit rating downgrade from Moody\u2019s, the ratings agency said in a <a href=\"https:\/\/www.moodys.com\/research\/Moodys-downgrades-Kuwaits-issuer-rating-to-A1-changes-outlook-to--PR_430830\">statement<\/a>.<\/li>\n<li><strong>Abu Dhabi-based KBBO Group \u2014 previously the largest shareholder in <\/strong><strong>embattled <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/aad1197a-091b-4858-8b2e-f2b4189ed56f\">NMC Healthcare<\/a><\/strong><strong> \u2014 has a USD 2 bn debt pile it\u2019s looking to restructure.<\/strong> The group has tapped <a href=\"https:\/\/www.linkedin.com\/in\/bnavarro\/?originalSubdomain=ae\">Bruno Navarro<\/a> as its chief restructuring officer to get the job done, <a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2020-09-22\/uae-firm-hires-restructuring-expert-for-2-billion-debt-revamp\">Bloomberg<\/a> reports, citing unnamed sources.<\/li>\n<\/ul><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\/9\/SOMA-ENTERPRISE-SEP-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>US ELECTION WATCH- Donald Trump refused to commit to a peaceful transfer of power<\/strong> in the event he loses the 3 November election to Joe Biden, telling reporters at the White House \u201cWe\u2019re going to have to see what happens. The story is front-page news for the <a href=\"https:\/\/www.ft.com\/content\/7036d289-a378-4e58-8416-1351c34a8115\">Financial Times<\/a> and <a href=\"https:\/\/www.reuters.com\/article\/us-usa-election-trump-transition\/trump-hedges-when-asked-whether-he-would-transfer-power-peacefully-idUSKCN26E3N7\">Reuters<\/a>. Little wonder the election is being priced as <strong>\u201cthe worst event risk\u201d in the history of the US volatility index as traders increasingly expect \u201csome pretty incredible fireworks\u201d<\/strong> in the aftermath, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-09-01\/u-s-election-priced-as-worst-event-risk-in-vix-futures-history?sref=mmeFTDW1\">Bloomberg<\/a> writes.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/brexit\/\">Brexit<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/european-central-bank\/\">European Central Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    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draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-gley5xv\" data-v=\"4\" data-block-id=\"gley5xv\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-gley5xv-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-gley5xv-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" 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data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574864\" 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=\"574864\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/last-nights-talk-shows-2\/\">\r\n                            Last Night\u2019s Talk Shows                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta 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\/09\/24\/last-nights-talk-shows-2\/\" 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\/09\/24\/last-nights-talk-shows-2\/')\">\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\/09\/24\/last-nights-talk-shows-2\/\">\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=Last Night\u2019s Talk Shows&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/last-nights-talk-shows-2\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/last-nights-talk-shows-2\/&title=Last Night\u2019s Talk Shows\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Last+Night%E2%80%99s+Talk+Shows+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F24%2Flast-nights-talk-shows-2%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/last-nights-talk-shows-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574864\" class=\"content-area-description single-story post-574864 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-construction tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-khalifa-haftar tag-libya tag-politics wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>President Abdel Fattah El-Sisi\u2019s meeting with eastern Libyan leader Khalifa Haftar<\/strong> <strong>dominated the coverage last night.<\/strong> Al Hayah Al Youm\u2019s Mohamed Sherdy phoned advisor to the Tobruk-based House of Representatives Fathi Al Marimi, who said that the meeting with Haftar and House Speaker Aguila Saleh came ahead of upcoming negotiations between the UN-recognized government in Tripoli and Haftar\u2019s eastern forces. Top of the priority list in the upcoming talks is dismantling armed militias and expelling foreign fighters from the country, Al Marimi said. The talks are expected to lead to a political agreement, creating a unified government, a presidential council and a national Libyan army, prior to nationwide elections, he said <a href=\"https:\/\/www.youtube.com\/watch?v=s_lZUIlCQmM&t=275s\">(watch, runtime: 6:02)<\/a>. Masaa DMC\u2019s Ramy Radwan also covered the story <a href=\"https:\/\/www.youtube.com\/watch?v=XUeGqxWIkVE\">(watch, runtime: 4:42)<\/a>.<\/p>\n<p><strong>Election authority to announce parliamentary candidates Sunday: <\/strong>Radwan highlighted that the National Election Authority would announce on Sunday the candidates standing in upcoming parliamentary elections. Radwan noted that the deadline for submitting applications is Saturday <a href=\"https:\/\/www.youtube.com\/watch?v=QOw9NKiYRIQ\">(watch, runtime: 4:09)<\/a>. Sherdy, meanwhile, reviewed the final names of the Youth Parties and Politicians Coordination Committee who will be on the ballot as part of the pro-government National List for Egypt <a href=\"https:\/\/www.youtube.com\/watch?v=VTgE6I47ruU\">(watch, runtime: 2:33)<\/a>.<\/p>\n<p><strong>Attempted Tora prison break:<\/strong> Yahduth Fi Misr's Sherif Amer highlighted the attempted prison break by several inmates at Tora prison yesterday. Four prisoners and three members of the police service were killed during the attempt, security forces said <a href=\"https:\/\/www.youtube.com\/watch?v=0QTk7Q-QGAY&t=28s\">(watch, runtime: 1:30)<\/a>. Radwan also covered the story <a href=\"https:\/\/www.youtube.com\/watch?v=dh4ZH4mQvLw\">(watch, runtime: 1:48)<\/a>.<\/p>\n<p><strong>Flood victims could be in for compensation: <\/strong>Ala Mas\u2019ouleety\u2019s Ahmed Moussa phoned Local Development Ministry spokesperson Khaled Qassem, who said that the ministry is discussing with the Social Solidarity Ministry and local governors handing out compensation to those who have been affected by the floods. Of course, Qassem couldn\u2019t resist talking about building violations, telling Moussa that there have been almost 1.4 mn requests to settle building violations, 210k of which have been settled. At 161k, Menoufia Governorate has the largest number of reconciliation requests, while Cairo has collected the most in fines at more than EGP 930 mn, Qassem said <a href=\"https:\/\/bit.ly\/32TjNsG\">(watch, runtime: 9:47)<\/a>.<\/p>\n<p><strong>Could the gov\u2019t agree to extend the reconciliation deadline? <\/strong>Moussa phoned the head of the parliamentary Local Development Committee, Ahmed Al Sigini, who said that there have been 1.2 mn settlement requests since the cabinet decided to slash the fines. He raised the possibility of the government agreeing to extend the deadline past 30 September if the number of requests doesn\u2019t reach 2 mn <a href=\"https:\/\/www.facebook.com\/289251054566049\/videos\/952125891931461\">(watch, runtime: 12:10)<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/construction\/\">construction<\/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\/khalifa-haftar\/\">Khalifa Haftar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574865\" 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=\"574865\">\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\/09\/24\/more-of-egypts-private-sector-is-implementing-a-hybrid-work-policy\/\">\r\n                            More of Egypt\u2019s private sector is implementing a hybrid work policy                        <\/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\/09\/24\/more-of-egypts-private-sector-is-implementing-a-hybrid-work-policy\/\" 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\/09\/24\/more-of-egypts-private-sector-is-implementing-a-hybrid-work-policy\/')\">\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\/09\/24\/more-of-egypts-private-sector-is-implementing-a-hybrid-work-policy\/\">\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=More of Egypt\u2019s private sector is implementing a hybrid work policy&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/more-of-egypts-private-sector-is-implementing-a-hybrid-work-policy\/\">\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\/09\/24\/more-of-egypts-private-sector-is-implementing-a-hybrid-work-policy\/&title=More of Egypt\u2019s private sector is implementing a hybrid work policy\">\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=More+of+Egypt%E2%80%99s+private+sector+is+implementing+a+hybrid+work+policy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F24%2Fmore-of-egypts-private-sector-is-implementing-a-hybrid-work-policy%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\/09\/24\/more-of-egypts-private-sector-is-implementing-a-hybrid-work-policy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/264.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"574866\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/more-of-egypts-private-sector-is-implementing-a-hybrid-work-policy\/264-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/264.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"264.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/264.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/264.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574865\" class=\"content-area-description single-story post-574865 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-covid-19 tag-enterpriseam tag-pandemic tag-speed-round tag-work-from-home wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>SURVEY- More of Egypt\u2019s private sector is implementing a hybrid work policy<\/strong><strong> \u2014 but most don\u2019t have a concrete expectation of when that could change again.<\/strong> We surveyed EGX-listed companies, multinationals, and small businesses to gauge how their work from home policies have shifted over the past few months. We also wanted to get a feel for whether these policies could change again in the coming weeks and months with the potential of a second wave of covid-19.<\/p>\n<p><strong>Over the past two months, most have begun shifting to more days spent at the office.<\/strong> In <a href=\"https:\/\/enterprise.press\/2020\/06\/04\/enterprise-covid-19-reader-poll-results\/\">our last survey<\/a> in June, the majority of those we spoke with were still relying as much as possible on remote work. Now, most businesses are either ramping up the number of employees allowed at the office \u2014 or having all staff spend more days together in the workplace.<\/p>\n<p><strong>Of the 12 companies we surveyed, only three said they are not requiring their employees to work from the office. <\/strong>Some who have a hybrid work policy in place to give their employees the option of working from the office if they want. Procter & Gamble recommends that their employees remain at home, but has now opened the office for whoever wants to go in. Nestl\u00e9 says its offices have reopened in the past few days and a schedule has been put in place for a rotation. <strong>The schedule doesn\u2019t require employees to go in, but is meant to prevent too many employees from opting to go to the office at the same time.<\/strong> Meanwhile, data analytics startup Arqam has set two days a week for its team to work from the office but also says these days are optional.<\/p>\n<p><strong>As lockdown measures have eased, workplace capacity limits are also up:<\/strong> One of the country\u2019s largest banks (which spoke on condition it not be named) has slightly increased the percentage of employees at its offices, but still has limites on footfall at branches and the number of branch staff who need to show up each day; those measures are unchanged from July. At UNDP, senior staff members are now on a two-week rotation schedule, while the rest of the staff are called into the office on an as-needed basis.<\/p>\n<p><strong>For others with a hybrid system, staff have no option but to be at their desks on in-office days.<\/strong> This is the case for boutique business development firm Ahead of the Curve, whose employees are now at their desks in the office three days per week.<\/p>\n<p><strong>A handful of businesses have made a complete return to the office mandatory for its employees.<\/strong> Among them: Al Ismaelia for Real Estate Development, where its relatively small team now works at full capacity from their office five days a week; Rameda Pharma, where its entire team returned to the office last month; and Al Tamimi & Co., which said earlier this month it is also back to working from the office at full capacity.<\/p>\n<p><strong>The outlook on whether businesses will have to change these policies again is largely unclear.<\/strong> Nestl\u00e9, EFG Hermes, and P&G said they are largely in \u201cwait and see\u201d mode and don\u2019t yet have a plan for a potential second wave of cases or what that would mean for their work policies. They do, however, review their policies on a regular basis to adjust them as the situation unfolds.<\/p>\n<p><strong>INTERNATIONAL CONTEXT- Wall Street is also trickling back to the office<\/strong>, the New York Times reports in <strong><a href=\"https:\/\/www.nytimes.com\/2020\/09\/23\/business\/wall-street-return-to-office.html?referringSource=articleShare\">Dust off desks and boot up terminals<\/a><\/strong>, writing that the transition back to the office has been \u201cshambolic\u201d for the financial industry.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pandemic\/\">pandemic<\/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\/work-from-home\/\">Work from home<\/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=\"574882\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574883\" 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=\"574883\">\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\/09\/24\/egypt-in-the-news-on-24-september-2020\/\">\r\n                            Egypt in the News on 24 September 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\/09\/24\/egypt-in-the-news-on-24-september-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\/09\/24\/egypt-in-the-news-on-24-september-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\/09\/24\/egypt-in-the-news-on-24-september-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 24 September 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/egypt-in-the-news-on-24-september-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\/09\/24\/egypt-in-the-news-on-24-september-2020\/&title=Egypt in the News on 24 September 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+24+September+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F24%2Fegypt-in-the-news-on-24-september-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\/09\/24\/egypt-in-the-news-on-24-september-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574883\" class=\"content-area-description single-story post-574883 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-ethiopia tag-feminism tag-gerd tag-khalifa-haftar tag-libya tag-middle-east tag-music 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> Three Egyptian police officers were killed during an attempted prison break by four men sentenced to death in terror-related cases. All four convicts were killed during their attempt to flee (<a href=\"https:\/\/apnews.com\/c143ca84764dda233f16d98f64ff5ef0\">Associated Press<\/a> | <a href=\"https:\/\/www.reuters.com\/article\/idUSKCN26E347\">Reuters<\/a>).<\/p>\n<p><strong>Elsewhere: <\/strong><\/p>\n<ul>\n<li>The <a href=\"https:\/\/carnegieendowment.org\/sada\/82772\">Carnegie Endowment<\/a> argues that <strong>the government\u2019s economic policies are <\/strong><strong>transferring wealth<\/strong> from the lower and middle classes to the business elite, driving almost 10 mn Egyptians into poverty over the past five years.<\/li>\n<li><strong>Mada Masr editor-in-chief Lina Attalah <\/strong>has made <a href=\"https:\/\/time.com\/collection\/100-most-influential-people-2020\/5888226\/lina-attalah\/\">Time\u2019s 100 most influential people<\/a> 2020 list.<\/li>\n<li><strong>GERD in cyberspace: <\/strong><a href=\"https:\/\/foreignpolicy.com\/2020\/09\/22\/the-ethiopian-egyptian-water-war-has-begun\/\">Foreign Policy<\/a> reports that the tussle over the Grand Ethiopian Renaissance Dam is spilling over into cyberspace<\/li>\n<li><a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2020\/09\/egypt-turkey-dialogue-libya-erdogan-sisi.html\">Al Monitor<\/a> reports on the call by MP John Talaat to <strong>censor Netflix over the <\/strong><strong>controversial film \u201cCuties.\u201d<\/strong> <\/li>\n<li><a href=\"https:\/\/www.reuters.com\/article\/idUSL5N2GK4GH\">Reuters<\/a>reports that the <strong>Nour Wal Amal chamber orchestra returns on Sunday<\/strong> with its first performance since the covid outbreak began; the ensemble is made up entirely of visually-impaired women.<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/feminism\/\">feminism<\/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\/khalifa-haftar\/\">Khalifa Haftar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/middle-east\/\">Middle East<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/music\/\">music<\/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=\"574884\" 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=\"574884\">\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\/09\/24\/diplomacy-foreign-trade-on-24-september-2020\/\">\r\n                            Diplomacy + Foreign Trade on 24 September 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\/09\/24\/diplomacy-foreign-trade-on-24-september-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\/09\/24\/diplomacy-foreign-trade-on-24-september-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\/09\/24\/diplomacy-foreign-trade-on-24-september-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 24 September 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/diplomacy-foreign-trade-on-24-september-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\/09\/24\/diplomacy-foreign-trade-on-24-september-2020\/&title=Diplomacy + Foreign Trade on 24 September 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+24+September+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F24%2Fdiplomacy-foreign-trade-on-24-september-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\/09\/24\/diplomacy-foreign-trade-on-24-september-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574884\" class=\"content-area-description single-story post-574884 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam tag-gerd tag-italy tag-khalifa-haftar tag-libya tag-politics tag-sisi tag-south-sudan tag-sudan tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Topping diplomatic coverage this morning: <\/strong><strong>Fourteen new ambassadors \u2014 including from <\/strong><strong>Israel, Sudan, and Ethiopia \u2014 are now<\/strong><strong> officially accredited in Egypt<\/strong> after presenting their credentials to President Abdel Fattah El Sisi yesterday, <a href=\"https:\/\/bit.ly\/3cpBa7r\">Ittihadiya said<\/a>. Israel\u2019s Amira Oron \u2014 who was tapped for the position in 2018 but only got approval from Prime Minister Benjamin Netanyahu <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8d361f63-c7e5-4ac2-8bbf-cff6ed8dc8c2\">earlier this year<\/a> \u2014 is the first full-time envoy to Cairo in more than 18 months. Meanwhile, the appointment of Markos Tekle Rike, Ethiopia\u2019s new ambassador, and Mohamed Elias Mohamed as Sudan\u2019s new envoy comes as ongoing <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/06944c60-8096-4289-b5e5-950b3eee84ef\">negotiations<\/a>over the Grand Ethiopian Renaissance Dam <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/42548a58-6d51-48b8-8290-7ff439f618e0\">remain at an impasse<\/a>.<\/p>\n<p><strong>Elsewhere on the diplomatic front:<\/strong> President Abdel Fattah El Sisi <a href=\"https:\/\/bit.ly\/2RQyG8U\">has been invited<\/a> to attend the signing in October of a historic <strong>peace accord<\/strong> between the Sudanese government and coalition of rebel groups; Foreign Minister Sameh Shoukry <a href=\"https:\/\/bit.ly\/3mPuQef\">met with<\/a> his Jordanian counterpart Ayman Safadi in Amman to discuss <strong>Palestine<\/strong>; and Egypt and Italy <a href=\"https:\/\/bit.ly\/3mJC5o0\">are discussing<\/a> establishing a roll <strong>on\/roll off shipping route for Egyptian agricultural exports<\/strong> heading to Europe.<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/italy\/\">Italy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/khalifa-haftar\/\">Khalifa Haftar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sisi\/\">Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/south-sudan\/\">South Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574885\" 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=\"574885\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/jaz-to-inaugurate-egp-700-mn-steigenberger-hotel-in-soma-bay-by-december\/\">\r\n                            Jaz to inaugurate EGP 700 mn Steigenberger hotel in Soma Bay by December                        <\/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\/09\/24\/jaz-to-inaugurate-egp-700-mn-steigenberger-hotel-in-soma-bay-by-december\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Jaz to inaugurate EGP 700 mn Steigenberger hotel in Soma Bay by December&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/jaz-to-inaugurate-egp-700-mn-steigenberger-hotel-in-soma-bay-by-december\/\">\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\/09\/24\/jaz-to-inaugurate-egp-700-mn-steigenberger-hotel-in-soma-bay-by-december\/&title=Jaz to inaugurate EGP 700 mn Steigenberger hotel in Soma Bay by December\">\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=Jaz+to+inaugurate+EGP+700+mn+Steigenberger+hotel+in+Soma+Bay+by+December+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F24%2Fjaz-to-inaugurate-egp-700-mn-steigenberger-hotel-in-soma-bay-by-december%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\/09\/24\/jaz-to-inaugurate-egp-700-mn-steigenberger-hotel-in-soma-bay-by-december\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574885\" class=\"content-area-description single-story post-574885 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-steigenberger-hotels-and-resorts tag-tourism tag-travco wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Travco subsidiary Jaz is inaugurating a EGP 700 mn Steigenberger-branded hotel in Soma Bay by December, Chairman Alaa Akel told <a href=\"https:\/\/bit.ly\/301ZGqg\">Al Mal<\/a>. The hotel was <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9dd7277b-af62-4ffb-a8be-59b58e99f158\">initially slated<\/a> to open in September.<\/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\/steigenberger-hotels-and-resorts\/\">Steigenberger Hotels and Resorts<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/travco\/\">Travco<\/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=\"574886\" 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=\"574886\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/gb-autos-drive-gets-fra-nod-for-consumer-finance-license\/\">\r\n                            GB Auto\u2019s Drive gets FRA nod for consumer finance license                        <\/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\/09\/24\/gb-autos-drive-gets-fra-nod-for-consumer-finance-license\/\" 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\/09\/24\/gb-autos-drive-gets-fra-nod-for-consumer-finance-license\/')\">\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\/09\/24\/gb-autos-drive-gets-fra-nod-for-consumer-finance-license\/\">\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=GB Auto\u2019s Drive gets FRA nod for consumer finance license&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/gb-autos-drive-gets-fra-nod-for-consumer-finance-license\/\">\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\/09\/24\/gb-autos-drive-gets-fra-nod-for-consumer-finance-license\/&title=GB Auto\u2019s Drive gets FRA nod for consumer finance license\">\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=GB+Auto%E2%80%99s+Drive+gets+FRA+nod+for+consumer+finance+license+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F24%2Fgb-autos-drive-gets-fra-nod-for-consumer-finance-license%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\/09\/24\/gb-autos-drive-gets-fra-nod-for-consumer-finance-license\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574886\" class=\"content-area-description single-story post-574886 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-consumer-finance tag-enterpriseam tag-factoring tag-financial-regulatory-authority tag-gb-auto wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>GB Auto\u2019s car finance arm <a href=\"http:\/\/ghabbourauto.com\/GBCapital\/Drive.aspx\">Drive<\/a> has received preliminary approval from the Financial Regulatory Authority for a full consumer financing license, according to an emailed <a href=\"https:\/\/ent.news\/2020\/9\/Drive-Receives-Preliminary-Approval-on-Consumer-Financing-License-EN-1.pdf\">press release (pdf)<\/a>. The license will allow Drive to offer consumer finance services beyond the core car finance business for which it is known. GB Auto also has players in non-banking financial services segments including factoring, microfinance, securitization, fleet leasing and e-payments.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/consumer-finance\/\">consumer finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/factoring\/\">factoring<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-regulatory-authority\/\">Financial Regulatory Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gb-auto\/\">GB Auto<\/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=\"574888\" 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=\"574888\">\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\">Legislation + Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/finmin-to-set-up-department-to-manage-tax-processes-for-e-commerce\/\">\r\n                            FinMIn to set up department to manage tax processes for e-commerce                        <\/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\/09\/24\/finmin-to-set-up-department-to-manage-tax-processes-for-e-commerce\/\" 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\/09\/24\/finmin-to-set-up-department-to-manage-tax-processes-for-e-commerce\/')\">\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\/09\/24\/finmin-to-set-up-department-to-manage-tax-processes-for-e-commerce\/\">\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=FinMIn to set up department to manage tax processes for e-commerce&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/finmin-to-set-up-department-to-manage-tax-processes-for-e-commerce\/\">\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\/09\/24\/finmin-to-set-up-department-to-manage-tax-processes-for-e-commerce\/&title=FinMIn to set up department to manage tax processes for e-commerce\">\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=FinMIn+to+set+up+department+to+manage+tax+processes+for+e-commerce+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F24%2Ffinmin-to-set-up-department-to-manage-tax-processes-for-e-commerce%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\/09\/24\/finmin-to-set-up-department-to-manage-tax-processes-for-e-commerce\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574888\" class=\"content-area-description single-story post-574888 post type-post status-publish format-standard hentry category-legislation-policy tag-customs-act tag-e-commerce tag-enterpriseam tag-finance-ministry tag-legislation-policy tag-tax wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>A department dedicated to overseeing the tax treatment of e-commerce firms will be set up by the Finance Ministry and begin operating next year, minister Mohamed Maait told <a href=\"https:\/\/bit.ly\/35Zz3WU\">CNBC Arabia<\/a>, without elaborating.<\/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\/customs-act\/\">Customs Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance-ministry\/\">Finance Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-policy\/\">Legislation + Policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax\/\">tax<\/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=\"574889\" 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=\"574889\">\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\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/my-morning-routine-karim-khashaba-ceo-of-yodawy\/\">\r\n                            My Morning Routine: Karim Khashaba, CEO of Yodawy                        <\/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\/09\/24\/my-morning-routine-karim-khashaba-ceo-of-yodawy\/\" 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\/09\/24\/my-morning-routine-karim-khashaba-ceo-of-yodawy\/')\">\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\/09\/24\/my-morning-routine-karim-khashaba-ceo-of-yodawy\/\">\n    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        <!-- <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=My+Morning+Routine%3A+Karim+Khashaba%2C+CEO+of+Yodawy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F24%2Fmy-morning-routine-karim-khashaba-ceo-of-yodawy%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\/09\/24\/my-morning-routine-karim-khashaba-ceo-of-yodawy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/269.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"574890\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/my-morning-routine-karim-khashaba-ceo-of-yodawy\/269-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/269.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"269.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/269.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/269.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574889\" class=\"content-area-description single-story post-574889 post type-post status-publish format-standard has-post-thumbnail hentry category-my-morning-routine tag-enterpriseam tag-insurance tag-my-morning-routine tag-work-from-home tag-yodawy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Karim Khashaba, CEO of Yodawy<\/strong><strong>:<\/strong> Each week, My Morning Routine looks at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions for fun. Speaking to us this week is <a href=\"https:\/\/www.linkedin.com\/in\/karim-khashaba-3aa3044b\/\">Karim Khashaba<\/a>, CEO of <a href=\"https:\/\/www.yodawy.com\/about-us\/\">Yodawy<\/a>, Egypt\u2019s largest pharmacy delivery app.<\/p>\n<p><strong>I'm Karim Khashaba, CEO of Yodawy<\/strong>, a pharmacy benefits platform that launched in 2018 aiming to restructure the medication supply chain in Egypt. We work on 1) building a medication ordering and delivery experience for our customers; and 2) rewiring the medical ecosystem by connecting medical providers and insurance companies.<\/p>\n<p><strong>I\u2019m a family man.<\/strong> My morning routine has always involved waking around 6am. Before covid-19, I would start the day by making breakfast and taking my five-year-old son to the bus. Now his schedule has shifted and he\u2019s doing online classes, so I take care of him until his classes begin while my wife looks after our newborn.<\/p>\n<p><strong>But in the mornings I also take some time for myself<\/strong>, doing some light, news-focused reading over a coffee \u2026 or two or three. I start with Enterprise and the BBC, and then Crunchbase and other startup forums. I usually do an hour of sport every morning as well. During lockdown I went running and lifted weights, but now that things are opening up I usually play squash. Then my workday usually starts between 9 and 10am.<\/p>\n<p><strong>My family and I spent a lot of the covid-19 lockdown period in a family home outside Cairo.<\/strong> I used to go cycling during the day, and we were all able to spend lots of time outdoors. In the house, I created a work space by setting up a room with a desk.<\/p>\n<p><strong>Yodawy shifted to work from home (WFH) two weeks before lockdown.<\/strong> We made a checklist of everything that had to be in order for us to work efficiently, and then distributed it to the team. We had to rethink some of our internal processes and how to reinforce certain roles to help streamline work, but it was a good step.<\/p>\n<p><strong>And WFH turned out to be a really good development for us.<\/strong> Our product development and tech team actually performed better during WFH, so they\u2019ll continue remote work permanently and just come to the office once every week or two. From a rent perspective, this is beneficial because we grew significantly in the last six months and would have needed extra office space if we hadn\u2019t learned that they could work very efficiently from home. With the operations team, we gave them autonomy rather than trying to enforce anything, so they could come to the office if they needed to be here. They did come quite often \u2014 even during lockdown \u2014 but they tried to optimize their work time without much management involvement.<\/p>\n<p><strong>We\u2019re lucky enough to have a team that operates well autonomously.<\/strong> But with this dynamic and hardworking culture, people sometimes ended up overworked because they never switched off. I think the way to overcome this is better general planning. There will always be spikes in a work environment, but we don't have to overload people by design.<\/p>\n<p><strong>I <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ed9329d3-9ac5-4e67-a3ec-b39ec9f8d0f8\">agree with Enterprise<\/a><\/strong><strong> that a company\u2019s culture is ultimately made in the office.<\/strong> The toughest thing about WFH has been figuring out how to onboard new recruits. That informal office culture is so important for a team.<\/p>\n<p><strong>Now I\u2019m back in the office three or four days a week.<\/strong> I enjoy it, and it\u2019s a chance for me to catch up with different people who may need to sit with me to get things done. On the days where the product and development team are in, the office is about 60% full, and on other days it\u2019s probably 10-15% full. Each team can decide for itself whether it needs to be there or not.<\/p>\n<p><strong>Yodawy saw huge growth because of covid-19.<\/strong> From the consumer side, there was a clear multiplied effect, so we almost reached our end-of-year targets during lockdown. But the most interesting thing was to see the awareness raised among our B2B stakeholders. We work with a lot of payers and insurance companies, and many are historically very traditional, risk-averse, and resistant to change. Now when we meet new clients, there\u2019s no debate over the value of digital service. This marks a very positive shift in Egypt\u2019s healthcare sector, which will accelerate the rate of change and open people up to new strategies.<\/p>\n<p><strong>Now I\u2019m anticipating very interesting developments, especially in medtech and digitization.<\/strong> Medtech will start to become more prominent in the startup ecosystem. I\u2019d expect to see 5-10 new medtech startups each year delivering something new and interesting. We\u2019ll see more digitization among medical providers, and digitizing medical records will gain traction, opening up new services that weren\u2019t possible when everything was paper-based. Insurance companies are starting to have a more customer-centric approach, and we can see that being implemented. I\u2019m even seeing healthcare brands and pharma companies starting to restructure internally for this change, bringing more sales online. So the change has really been ignited.<\/p>\n<p><strong>As a new parent, there isn\u2019t much time to disconnect and unwind<\/strong> \u2014 but when I do, I like to watch Netflix with my wife. I recently watched <a href=\"https:\/\/www.imdb.com\/title\/tt7221388\/\">Cobra Kai<\/a>, the sequel to <a href=\"https:\/\/www.imdb.com\/title\/tt0087538\/\">The Karate Kid<\/a>, and found it really entertaining. Sometimes you just need to watch something not too serious. I\u2019m also a big fan of going to the beach and just spending the day there enjoying nature.<\/p>\n<p><strong>What have the last six months taught me?<\/strong> If you give people some space and autonomy, you\u2019ll often be positively surprised by what they can do. I saw this with my team. It was really fun to watch and I\u2019m very proud of what they achieved.<\/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\/insurance\/\">insurance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/my-morning-routine\/\">MY MORNING ROUTINE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/work-from-home\/\">Work from home<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/yodawy\/\">Yodawy<\/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=\"574891\" 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=\"574891\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/the-market-yesterday-175\/\">\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\/09\/24\/the-market-yesterday-175\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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CIB, the index\u2019s heaviest constituent, ended down 0.2%. EGX30\u2019s top performing constituents were Ezz Steel up 4.9%, EFG Hermes up 2.5%, and Qalaa Holding up 2.4%. Yesterday\u2019s worst performing stocks were Juhayna down 2.3%, Heliopolis Housing down 1.0% and Elsewedy Electric down 1.0%. The market turnover was EGP 1.3 bn, and foreign investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net short | EGP -37.2 mn<br \/>\n <strong>Regional<\/strong>: Net long | EGP +34.3 mn<br \/>\n <strong>Domestic<\/strong>: Net long | EGP +3.0 mn<\/p>\n<p><strong>Retail<\/strong>: 76.9% of total trades | 78.3% of buyers | 75.5% of sellers<br \/>\n <strong>Institutions<\/strong>: 23.1% of total trades | 21.7% of buyers | 24.5% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 39.52 (-0.70%)<br \/>\n <strong>Brent:<\/strong> USD 41.42 (-0.72%)<\/p>\n<p><strong>Natural Gas:<\/strong> (Nymex, futures prices) USD 2.19 MMBtu, (+0.66%, November 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,866.00 \/ troy ounce (-2.18%)<\/p>\n<p><strong>TASI:<\/strong> 8,244 (-0.56%) (YTD: -1.72%)<br \/>\n <strong>ADX:<\/strong> 4,490 (-0.18%) (YTD: -11.54%)<br \/>\n <strong>DFM:<\/strong> 2,285 (+0.94%) (YTD: -17.34%)<br \/>\n <strong>KSE Premier Market:<\/strong> 6,240 (+1.0%)<br \/>\n <strong>QE:<\/strong> 9,787 (-0.55%) (YTD: -6.12%)<br \/>\n <strong>MSM:<\/strong> 3,621 (-0.14%) (YTD: -9.03%)<br \/>\n <strong>BB: <\/strong>1,450 (+0.56%) (YTD: -9.89%)<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574892\" 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\/09\/24\/574892\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574892\" class=\"content-area-description single-story post-574892 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>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>September: 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>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>21 September-1 October (Monday-Thursday): EFG Hermes\u2019 second <a href=\"https:\/\/2ndvirtualconference.efghermes.com\/login.aspx?target=cmp\">Virtual Investors Conference<\/a>.<\/p>\n<p>24 September (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>24-25 September (Thursday-Friday): 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>27 September (Sunday): Former Finance Minister Youssef Boutros Ghali to be retried on charges he squandered public funds in a case related to the printing of coupons for butane canisters.<\/p>\n<p>28 September-3 October (Monday-Saturday): CIB PSA World Tour Finals, Cairo, Egypt.<\/p>\n<p>End of September: <a href=\"https:\/\/bit.ly\/2GaTjtH\">Last chance to settle building code violations<\/a> for illegal buildings.<\/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>1 October (Thursday): <a href=\"https:\/\/bit.ly\/35Vq8G1\">Deadline<\/a> for students to transfer between schools.<\/p>\n<p>1-10 October (Thursday-Saturday): Alexandria Book Fair, Kouta, Alexandria.<\/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>12 October (Monday): The Egyptian Iron and Steel company <a href=\"https:\/\/bit.ly\/2RJtfZq\">general assembly<\/a> would discuss demerging its mining and quarrying unit and restructure the company\u2019s board of directors<\/p>\n<p>10-17 October (Saturday-Saturday): CIB Egyptian Squash Open, New Giza Sporting Club\/ Pyramids of Giza<\/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>18-22 October (Sunday-Thursday): The annual <a href=\"https:\/\/www.cairowaterweek.eg\/\">Cairo Water Week<\/a> event \u2014 which will be semi- virtual this year \u2014 will be held under the slogan \u201cWater Security for Peace and Development in Arid Regions\u201d<\/p>\n<p>21-23 October (Wednesday-Friday): Polls open to international voters for first round of Parliamentary elections in Giza, Fayoum, Beni Suef, Minya, Assiut, New Valley, Sohag, Qena, Luxor, Aswan, Red Sea, Alexandria, Beheira, Matrouh.<\/p>\n<p>23-31 October (Friday-Saturday): <a href=\"http:\/\/elgounafilmfestival.com\/\">El Gouna Film Festival<\/a>, El Gouna, Egypt.<\/p>\n<p>24-25 October (Saturday - Sunday) Polls open for first round of Parliamentary elections in Giza, Fayoum, Beni Suef, Minya, Assiut, New Valley, Sohag, Qena, Luxor, Aswan, Red Sea, Alexandria, Beheira, Matrouh.<\/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>November: An Egyptian-Russian ministerial committee <a href=\"https:\/\/www.facebook.com\/mift.media\/posts\/3275672832501495\">will meet<\/a> to discuss trade and investment in Moscow.<\/p>\n<p>2 November: Former Civil Aviation Minister Ahmed Shafik faces <a href=\"https:\/\/bit.ly\/3lwPXla\">retrial<\/a> at Cairo Court of Appeals in the so-called Aviation Ministry corruption case.<\/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>4-6 November (Wednesday-Friday): Polls open to international voters for first round of Parliamentary elections in Cairo, Qalyubia, Menofia, Gharbia, Kafr El Sheikh, Sharqia, Damietta, Port Said, Ismailia, Suez, North Sinai and South Sinai.<\/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>7-8 November (Saturday-Sunday): Polls open for first round of Parliamentary elections in Cairo, Qalyubia, Menofia, Gharbia, Kafr El Sheikh, Sharqia, Damietta, Port Said, Ismailia, Suez, North Sinai and South Sinai.<\/p>\n<p>12 November (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>15 November (Sunday): Egyptian Tax Authority\u2019s <a href=\"https:\/\/bit.ly\/32UQfK0\">online intro seminar<\/a> on new electronic invoice system for first tranche of companies transitioning to e-filing program.<\/p>\n<p>19-28 November (Thursday-Sunday): <a href=\"https:\/\/www.ciff.org.eg\/\">Cairo International Film Festival<\/a>, Cairo Opera House, Egypt.<\/p>\n<p>23-24 November (Monday-Tuesday): Reruns for Parliamentary elections in Giza, Fayoum, Beni Suef, Minya, Assiut, New Valley, Sohag, Qena, Luxor, Aswan, Red Sea, Alexandria, Beheira, Matrouh.<\/p>\n<p>30 November (Monday): Final results will be announced for Parliamentary elections held in Giza, Fayoum, Beni Suef, Minya, Assiut, New Valley, Sohag, Qena, Luxor, Aswan, Red Sea, Alexandria, Beheira, Matrouh.<\/p>\n<p>December: The 110th regular <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1718744134970611\">session<\/a> of the Egyptian-Iraqi Joint Higher Committee will be held under the chairmanship of the prime ministers of the two countries.<\/p>\n<p>December: IMF delegation visits Egypt to in first of two reviews ahead of disbursement of second tranche of USD 5.2 bn SBA.<\/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>7-8 December (Monday-Tuesday): Reruns for Parliamentary elections in Cairo, Qalyubia, Menofia, Gharbia, Kafr El Sheikh, Sharqia, Damietta, Port Said, Ismailia, Suez, North Sinai and South Sinai.<\/p>\n<p>9-10 December (Wednesday-Thursday): <a href=\"http:\/\/www.biznexpo.com\/\">BiznEx<\/a>, the international business expo in Egypt, <a href=\"https:\/\/bit.ly\/3kz8vjb\">venue TBD<\/a>.<\/p>\n<p>14 December (Monday): Final results will be announced for Parliamentary elections held in Cairo, Qalyubia, Menofia, Gharbia, Kafr El Sheikh, Sharqia, Damietta, Port Said, Ismailia, Suez, North Sinai and South Sinai.<\/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>13-31 January (Wednesday-Sunday): Egypt will host the 2021 <a href=\"https:\/\/www.handballegypt2021.com\/\">Men\u2019s Handball World Championship<\/a> at the Giza Pyramids<\/p>\n<p>25 January 2021 (Monday): 25 January revolution anniversary \/ Police Day.<\/p>\n<p>26-28 January (Tuesday-Thursday): Future Investment Initiative, Riyadh, Saudi Arabia<\/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>6-18 February (Saturday-Thursday): Mid-year school break.<\/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>31 May-2 June 2021 (Monday-Wednesday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/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>24 June 2021 (Thursday): End of the 2020-2021 academic year.<\/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<p>30 July-3 August 2021 (Thursday-Monday): Eid Al Adha, national holiday (TBC).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":574861,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-574860","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"c32dd20c-84fd-42ca-ad5c-ed1f08ce2bcf","teaser":"","photo_url":"https:\/\/ent.news\/2020\/9\/263.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>WFH Survey: More of you are spending time in the office under hybrid work policies - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/wfh-survey-more-of-you-are-spending-time-in-the-office-under-hybrid-work-policies\/\" \/>\n<meta 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