{"id":575664,"date":"2020-10-22T04:18:06","date_gmt":"2020-10-22T04:18:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=575664"},"modified":"2025-12-16T10:24:49","modified_gmt":"2025-12-16T10:24:49","slug":"covid-19-cases-are-ticking-up-again-and-the-pm-is-not-happy","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/covid-19-cases-are-ticking-up-again-and-the-pm-is-not-happy\/","title":{"rendered":"Covid-19 cases are ticking up again, and the PM is not happy"},"content":{"rendered":"<section id=\"575666\" 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=\"575666\">\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\/10\/22\/what-were-tracking-on-22-october-2020\/\">\r\n                            What we\u2019re tracking on 22 October 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\/10\/22\/what-were-tracking-on-22-october-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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Soaring case numbers in neighboring countries are a cause of major concern for the government, Madbouly said at a post-meeting press conference (<a href=\"https:\/\/youtu.be\/Ta4yOi9ptgE?t=72\">watch, runtime: 3:11<\/a>).<\/p><p><strong>The situation in Egypt is still \u201cunder control\u201d as the rate of increase in the official case <\/strong><strong>count isn\u2019t <\/strong><strong>as high as most other countries<\/strong> that are in the grips of a second wave, but the situation could change once the weather cools down, World Health Organization Regional Adviser Maha Talaat told Al Hayah Al Youm\u2019s Mohamed Sherdy (<a href=\"https:\/\/www.youtube.com\/watch?v=05dEp-B8viA\">watch, runtime: 3:58<\/a>) last night. Meanwhile, the Health Ministry is also taking into account the upcoming flu season in its treatment plan for new covid-19 cases, Assistant Minister Noha Assem told Sherdy (<a href=\"https:\/\/www.youtube.com\/watch?v=1BQeMIRCJHQ\">watch, runtime: 28:04<\/a>).<\/p><p><strong>Not the way we\u2019d like to start the day, but there you go. <\/strong><\/p><p><strong>The antidote? Our popular WFH Routine \/ My Morning Routine column is back this week <\/strong>with our friend Omar Elsahy from Amazon \/ Souq. To his Prime Video, may we suggest <a href=\"https:\/\/www.amazon.com\/Bosch-Season-1\/dp\/B00I3MMLHC\">Bosch<\/a> and <a href=\"https:\/\/www.amazon.com\/gp\/video\/detail\/B073RPZK88\/ref=atv_dp_season_select_s1\">Jack Ryan<\/a> (the latter with Muslim characters who are actual, three-dimensional human beings \u2014 baddies and goodies alike).<\/p><p><strong>Got a suggestion for someone to feature in WFH \/ MMR? <\/strong>Hit us up on editoral@enterprise.press.<\/p><hr class=\"grey-line\"><p><strong>Voters here in Omm El Donia will head to polling stations to elect a new House of<\/strong><strong> Representatives on Saturday<\/strong> after the multi-stage process began for expats yesterday.<\/p><p><strong>Furniture expo <\/strong><strong><a href=\"https:\/\/bit.ly\/347ejLx\">Le March\u00e9<\/a><\/strong><strong> begins today<\/strong> and will run until Sunday, 25 October at the Egypt International Exhibition Center.<\/p><p><strong>The Gouna Film Festival kicks off tomorrow<\/strong> and wraps at the end of the month.<\/p><p><strong>PSA- The rain we were promised hit the North Coast yesterday<\/strong>, along with thunder and lightning, the <a href=\"https:\/\/bit.ly\/2TfzB3k\">Egyptian Meteorological Authority<\/a> said. The storm has so far made an appearance as far east as Agamy and as far west as El Dabaa.<\/p><p><strong>For those of us here in Cairo: Expect some light showers later today<\/strong>, the authority said. Our favorite weather app disagrees, showing clear skies and temps in the 28-32\u00b0C range for the next 10 days, so \u2026 hanshoof.<\/p><p><strong>PSA- Have you made your long-weekend plans yet?<\/strong> We\u2019re heading into a four-day workweek as banks and businesses close their doors next Thursday in observance of the Prophet\u2019s Birthday.<\/p><hr class=\"grey-line\"><p><strong>This morning\u2019s \u201choly [redacted]\u201d story:<\/strong> Israel has had a secret embassy in Bahrain for the past 11 years, reports <a href=\"https:\/\/www.axios.com\/israel-secret-embassy-bahrain-d5cd012a-51a7-40bc-a7a3-6426ffa15dcf.html?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=newsletter_axiosam&amp;stream=top\">Axios<\/a>. The Israeli government collaborated with the Bahrainis to establish a front company to conduct shadow diplomacy and spent the last decade hiring dual-national Israeli diplomats.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>US ELECTION WATCH- It\u2019s debate night in the US of A. <\/strong>US President Donald Trump and democratic contender Joe Biden will face off tonight for the final presidential debate ahead of the 3 November election. Trump\u2019s advisors want him to present his \u201caffirmative vision\u201d for the US and attempt to sway undecided voters, says <a href=\"https:\/\/www.nytimes.com\/2020\/10\/21\/us\/politics\/trump-biden-presidential-debate.html\">the New York Times<\/a>. The Biden campaign is working to have the presidential hopeful maintain his composure and show that, unlike Trump, he can lead the nation out of covid-19. The debate comes just 12 days before election day and three weeks after last month\u2019s debate <a href=\"https:\/\/www.nytimes.com\/2020\/09\/29\/us\/politics\/trump-biden-debate.html\">was nothing short of a \"spectacle\"<\/a> with little policy substance. Many Americans have already voted and Trump is trailing in national polls.<\/p><p><strong><a href=\"https:\/\/www.youtube.com\/watch?v=_92o3Z919f4\">You can stream the debate live on YouTube<\/a><\/strong> at 9 pm ET (that\u2019s 3 am CLT for those keeping track at home).<\/p><p><strong>Former President Barack Obama yesterday blasted Trump<\/strong> <a href=\"https:\/\/edition.cnn.com\/2020\/10\/21\/politics\/obama-philadelphia-speech-biden-harris-trump\/index.html\">in a speech<\/a> at a campaign trail on behalf of Biden. We miss you, Barack.<\/p><p><strong>Trump\u2019s aides are racing to give his re-election bid a boost with a foreign policy<\/strong><strong> win in the shape of another normalization pact between Israel and <\/strong><strong>a<\/strong><strong>nother Arab <\/strong><strong>country<\/strong>, says <a href=\"https:\/\/www.reuters.com\/article\/us-israel-diplomacy\/israeli-minister-sees-another-normalisation-deal-before-u-s-election-idUSKBN2761CX?il=0\">Reuters<\/a>. It appears that Sudan is a candidate for the pact, as US Secretary of State Mike Pompeo said yesterday the White House is working \u201cdiligently\u201d to make a normalization agreement between Khartoum and Tel Aviv happen after Washington began the process of removing Sudan from its list of terror sponsoring states.<\/p><hr class=\"grey-line\"><p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/34gwi2c\">reported<\/a><\/strong><strong> 178 new covid-19 infections yesterday<\/strong>, the highest daily count since 8 September. Yesterday\u2019s tally was up from 158 on Tuesday. Egypt has now disclosed a total of 105,883 confirmed cases of covid-19. The ministry also reported 13 new deaths, bringing the country\u2019s total death toll to 6,155. We now have a total of 98,516 confirmed cases that have fully recovered.<\/p><p><strong>We\u2019re getting USD 9.5 mn from Japan to fund emergency medical equipment <\/strong>needed to fight covid-19 after International Cooperation Minister Rania Al Mashat and Japanese ambassador Masaaki Nuki <a href=\"https:\/\/bit.ly\/37qWMjq\">yesterday put pen to paper<\/a> to unlock the funding that will take Japan\u2019s total support for Egyptian health and education programs to USD 54.5 mn.<\/p><p><strong>Schools may not be the super-spreaders experts first thought:<\/strong> Several European studies have indicated that the reopening of schools had limited impact on the spread of covid-19, boosting policymakers who worry that closing schools again during a second wave would further disrupt education and impact parents\u2019 ability to work, reports <a href=\"https:\/\/www.ft.com\/content\/4842aab1-7cc8-4973-b98a-03edf1eeae54\">the Financial Times<\/a>.<\/p><p><strong>Pfizer is looking to supply 100 mn doses of its covid-19 vaccine by the end of the <\/strong><strong>year<\/strong> and another 1.3 bn by 2021, <a href=\"https:\/\/www.wsj.com\/articles\/pfizer-sets-up-its-biggest-ever-vaccination-distribution-campaign-11603272614\">the Wall Street Journal<\/a> reports. The pharma giant is currently laying the groundwork for its \u201cbiggest ever\u201d vaccine supply chain network to be able to rapidly distribute the vaccine once it secures FDA approval. Pfizer is expected to apply for US regulatory approval during the third week of November.<\/p><p class=\"web-image stand-out-borderless\"><a href=\"https:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/Somabay-171020-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>The 2020 Somabay Golf Tournament last week brought together more than 100 golfers at the <\/strong><strong>Cascades Golf Resort<\/strong>, according to a <a href=\"https:\/\/ent.news\/2020\/10\/Somabay-Golf-Tournament-ENG-PR.pdf\">press release (pdf)<\/a>. Six players came out on top in the championship with Ahmed El Shalakany winning first place in division one, Mohamed Abou El Fadel finishing second, and Ghassan Kabbani taking third. In the second division, Hassan El Bustani came in first place, Angelina Gordienko was second and Nabil Harazi clenched third.<\/p><hr class=\"grey-line\"><p><strong>The value of global trade is set to fall by 7-9% in 2020<\/strong> despite signs of recovery in the second half of the year, the United Conference on Trade and Development (UNCTAD) said in <a href=\"https:\/\/unctad.org\/system\/files\/official-document\/ditcinf2020d4_en.pdf\">a report (pdf)<\/a>. Trade fell around 5% y-o-y during 3Q, an improvement on the disastrous 19% y-o-y decline in 2Q, while preliminary forecasts see it slipping 3% y-o-y in 4Q (covid dependent, of course). China is bucking the downward trend and is set to post an annual growth rate of almost 10% after trade accelerated in 3Q2020, UNCTAD said.<\/p><p><strong>More GCC banks are likely to consolidate as the pandemic and low oil prices <\/strong><strong>continue to cause pain for the sector<\/strong>, Dubai Islamic Bank Chairman Mohammed Ibraahim Al Shaibani said in a statement accompanying the bank\u2019s <a href=\"https:\/\/www.dib.ae\/about-us\/news\/2020\/10\/20\/dubai-islamic-bank-3rd-quarter-2020-group-financial-results?type=news\">3Q2020 earnings<\/a>, which showed a 22% fall in net profit. <strong>Egypt\u2019s banking sector is the target for inbound M&amp;A from Gulf banks looking for growth. <\/strong>The Egypt arms of Lebanese lenders Blom Bank and Bank Audi are being courted by Emirates NBD, First Abu Dhabi Bank and Bank ABC.<\/p><p><strong>EU sees crazy demand for negative-yielding \u201ccorona bonds\u201d:<\/strong> The EU\u2019s maiden corona bond issuance has been met with \u201coutrageous demand\u201d from investors, with bankers reporting the offering generated the largest ever order book in the global bond market, according to <a href=\"https:\/\/www.ft.com\/content\/e3553b68-22c8-487c-a7c0-7e1c6dc0ec4b\">the Financial Times<\/a>. The ten years notes carry a -0.26% interest rate.<\/p><p><strong>Gulf bond issuances hit record highs<\/strong> at 102 bn, beating the annual record less than 10 months into the year, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-10-21\/gulf-bond-flurry-sets-102-billion-record-before-u-s-election?sref=mmeFTDW1\">Bloomberg<\/a> reports. Meanwhile, data provider Refinitiv expects sukuk issuances to grow to USD 174 bn in 2021, up from USD 162 bn this year as governments ramp up spending to soften the blow of covid, <a href=\"https:\/\/www.zawya.com\/mena\/en\/business\/story\/Sukuk_issuances_will_continue_to_grow_in_2020_Refinitiv-ZAWYA20201021055616\/\">Zawya<\/a> reports.<\/p><p><strong>PayPal is taking crypto mainstream:<\/strong> PayPal will allow its US users the ability to buy and sell cryptocurrencies such as Bitcoin and Ethereum in the coming weeks, <a href=\"https:\/\/www.reuters.com\/article\/us-paypal-cryptocurrency\/paypal-to-open-up-network-to-cryptocurrencies-idUKKBN2761L6\">Reuters<\/a> reports.<\/p><p><strong>Ant Group is set to go ahead with its USD 35 bn IPO \u2014 which would eclipse Aramco\u2019s as the world\u2019s biggest IPO<\/strong> \u2014 within weeks after getting the final regulatory green light, reports <a href=\"https:\/\/www.reuters.com\/article\/us-ant-group-ipo\/ant-group-to-launch-35-billion-ipo-after-final-nod-from-china-regulator-idUSKBN2761LR?il=0\">Reuters<\/a>. The Jack Ma-owned payment company is planning a dual-listing in Hong Kong and Shanghai.<\/p><p class=\"web-image\"><a href=\"https:\/\/bit.ly\/3jc6lFe\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/Bahaa-finalfinal1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>If your business sells time, then this week\u2019s episode of how to build a great business in Egypt is for you. <\/strong>Today\u2019s episode features a lawyer \u2014 and an awfully nice one, at that \u2014 but think of him as a stand-in for every business in the service industry, from ad agencies to engineering consultants, PR types and accountants.<\/p><p><strong>Bahaa Alieldean is managing partner at ALC Alieldean, Weshahi &amp; Partners. <\/strong>He\u2019s a professor of law and a practising lawyer specializing in capital markets, banking transactions and dispute resolution.<\/p><p><strong>Providing counsel to captains of industry: <\/strong>Established in 2003, Bahaa\u2019s firm provides counsel to major national and global corporations and institutions on large complex transactions.<\/p><p><strong>From attracting and retaining talent, to creating culture and the challenges of selling a service business<\/strong>, Bahaa discusses the similarities and universal challenges facing all service providers. We explore creating corporate structure and how micromanagement prevents founders from transitioning away from day-to-day operations into traditionally accepted CEO responsibilities.<\/p><p><strong>You already have a <\/strong><strong><a href=\"https:\/\/apple.co\/35o2ShM\">podcast player<\/a><\/strong><strong> on your iPhone<\/strong>, or you can listen to the episode through <a href=\"https:\/\/bit.ly\/3jc6lFe\">our website<\/a> (no download required). We\u2019re also on <a href=\"https:\/\/bit.ly\/31qJpvG\">Google Podcasts<\/a>, <a href=\"https:\/\/bit.ly\/35hfSGc\">Anghami<\/a>, and <a href=\"https:\/\/bit.ly\/3kkvAGz\">Omny<\/a>. Making It is on <a href=\"https:\/\/spoti.fi\/318pZMZ\">Spotify<\/a>, but only for non-MENA accounts.<\/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\/bahaa-ali-el-dean\/\">Bahaa Ali El Dean<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/entrepreneurship\/\">entrepreneurship<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/interest-rates\/\">interest rates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/making-it\/\">Making It<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohammed-ibrahim-al-shaibani\/\">Mohammed Ibrahim Al Shaibani<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/podcast\/\">podcast<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sukuk\/\">sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/unctad\/\">UNCTAD<\/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=\"575667\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center 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href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/last-nights-talk-shows-egypt-cyprus-greece-summit-planned-teacher-salary-bumps\/\">\r\n                            Last night\u2019s talk shows: Egypt, Cyprus, Greece summit + planned teacher salary bumps                        <\/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\/10\/22\/last-nights-talk-shows-egypt-cyprus-greece-summit-planned-teacher-salary-bumps\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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                         <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575668\" class=\"content-area-description single-story post-575668 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-cyprus tag-eastern-mediterranean tag-education-ministry tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-greece tag-tarek-shawki wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It was a relatively quiet night on the airwaves last night<\/strong>, which is customary of Wednesdays, when power couple Lamees El Hadidi and Amr Adib are off.<\/p>\n<p><strong>President Abdel Fattah El Sisi\u2019s trip to Cyprus for a tripartite summit was on the talking heads\u2019 radar:<\/strong> Egypt\u2019s ambassador to Cyprus, Mai Khalil, had a chat with Al Hayah Al Youm\u2019s Mohamed Shery about the historically strong diplomatic ties between Cairo, Nicosia, and Athens (<a href=\"https:\/\/www.youtube.com\/watch?v=PslW21qNidA&t=176s\">watch, runtime: 9:16<\/a>). Khalil\u2019s predecessor, Mohamed Abdel Hakam, hailed the three countries\u2019 cooperation framework on the Eastern Mediterranean as a \u201cmodel to be followed\u201d in a conversation with Masaa DMC's Ramy Radwan (<a href=\"https:\/\/www.youtube.com\/watch?v=Int7eqCxrAI&t=85s\">watch, runtime: 7:22<\/a>). We have more on the summit in this morning\u2019s Diplomacy + Foreign Trade, below.<\/p>\n<p><strong>Education Minister Tarek Shawky made the rounds to recap the government\u2019s plan to boost teachers\u2019 salaries<\/strong> and set up a social welfare fund for educators, speaking to Al Hayah Al Youm\u2019s Mohamed Sherdy (<a href=\"https:\/\/www.youtube.com\/watch?v=SQu3jblgFyU&t=4s\">watch, runtime: 7:48<\/a>), Masaa DMC\u2019s Ramy Radwan (<a href=\"https:\/\/www.youtube.com\/watch?v=Jpon0k0XVuA&t=321s\">watch, runtime: 17:31<\/a>), and Yahduth fi Misr\u2019s Sherif Amer (<a href=\"https:\/\/www.youtube.com\/watch?v=oBtK852Op_k\">watch, runtime: 3:03<\/a>). We have chapter and verse in this morning\u2019s Speed Round, below.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cyprus\/\">Cyprus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eastern-mediterranean\/\">Eastern Mediterranean<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education-ministry\/\">Education Ministry<\/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\/greece\/\">Greece<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tarek-shawki\/\">Tarek Shawki<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"575669\" 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=\"575669\">\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\/10\/22\/higher-teacher-wages-one-more-month-of-consumer-discounts-eastmed-gas-forum-charter-get-nods-from-cabinet\/\">\r\n                            Higher teacher wages, one more month of consumer discounts, EastMed Gas forum charter get nods from cabinet                        <\/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\/10\/22\/higher-teacher-wages-one-more-month-of-consumer-discounts-eastmed-gas-forum-charter-get-nods-from-cabinet\/\" 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\/10\/22\/higher-teacher-wages-one-more-month-of-consumer-discounts-eastmed-gas-forum-charter-get-nods-from-cabinet\/')\">\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\/10\/22\/higher-teacher-wages-one-more-month-of-consumer-discounts-eastmed-gas-forum-charter-get-nods-from-cabinet\/\">\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=Higher teacher wages, one more month of consumer discounts, EastMed Gas forum charter get nods from cabinet&url=https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/higher-teacher-wages-one-more-month-of-consumer-discounts-eastmed-gas-forum-charter-get-nods-from-cabinet\/\">\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\/10\/22\/higher-teacher-wages-one-more-month-of-consumer-discounts-eastmed-gas-forum-charter-get-nods-from-cabinet\/&title=Higher teacher wages, one more month of consumer discounts, EastMed Gas forum charter get nods from cabinet\">\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=Higher+teacher+wages%2C+one+more+month+of+consumer+discounts%2C+EastMed+Gas+forum+charter+get+nods+from+cabinet+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F10%2F22%2Fhigher-teacher-wages-one-more-month-of-consumer-discounts-eastmed-gas-forum-charter-get-nods-from-cabinet%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\/10\/22\/higher-teacher-wages-one-more-month-of-consumer-discounts-eastmed-gas-forum-charter-get-nods-from-cabinet\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/238.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"575670\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/higher-teacher-wages-one-more-month-of-consumer-discounts-eastmed-gas-forum-charter-get-nods-from-cabinet\/238-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/238.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"238.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/238.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/238.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575669\" class=\"content-area-description single-story post-575669 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-eastern-mediterranean-gas-forum tag-enterpriseam tag-export-subsidy-fund tag-speed-round 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-02\"><\/a> <strong>CABINET WATCH-<\/strong><strong> Teachers at public schools could be getting a EGP 325-475 monthly <\/strong><strong>bump in their salaries<\/strong> if a draft law that will cost the state coffers north of EGP 6.1 bn passes the House of Representatives. Public school administrators, meanwhile, will see their monthly wages rise by EGP 150-250 under the proposed law. The Madbouly Cabinet <a href=\"https:\/\/bit.ly\/3dMYKM5\">approved the plan<\/a>, which President Abdel Fattah El Sisi ordered <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/26\/el-sisi-orders-plan-to-raise-teachers-salaries\/\">back in 2017<\/a>, during its weekly meeting yesterday. The plan would benefit nearly 2.1 mn government employees, 1.4 mn of whom are teachers, across both general and Azharite schools, and 700k public school employees.<\/p>\n<p><strong>Besides the increase in monthly wages, school employees would get additional allowances<\/strong>, incentives and bonuses, Finance Minister Mohamed Maait said. As many as 1.4 mn teachers would get a 50% bump in their monthly incentives (up by EGP 140-185 a month) from June 2020 levels, he added. Teachers would also be getting a 50% bump in allowances they frequently receive on top of their usual salaries, and both staff and faculty members would get a 25% increase on some bonuses, according to Maait. This would cost at least EGP 4.3 bn.<\/p>\n<p><strong>The bill would also set up a social welfare fund for staff and faculty. <\/strong>The fund would receive EGP 500 mn over two equal payments, one as soon as the bill becomes law and another next fiscal year, Maait said. It would then accumulate capital through a 2% levy on the increase in staff allowances under the law and other recurring sources including license fees paid by schools educators, returns on fund investments, donations, and further state grants, all of which would be funneled into the fund, the minister added.<\/p>\n<p><strong>More raises are in the pipeline for health and education workers and others in vital sectors<\/strong>, Prime Minister Moustafa Madbouly said, according to <a href=\"http:\/\/gate.ahram.org.eg\/News\/2507083.aspx\">Ahram Gate<\/a>.<\/p>\n<p><strong>IN OTHER CABINET NEWS: <\/strong><strong>We\u2019re also getting at least one more month of consumer discounts<\/strong> after Cabinet agreed to extend the government\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f4bf9b80-854b-4a1e-9794-61b90b9f2bd6\">consumer spending initiative<\/a>, which was <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/99875282-8d20-499c-ba4e-8d85074b2ca3\">meant to end next Monday<\/a>, for at least an additional month, cabinet said in a <a href=\"https:\/\/bit.ly\/2Tb0JAs\">statement<\/a>. As of last week, north of 2000 vendors were signed up to the scheme. They logged EGP 278 mn-worth of sales under the program, according to the statement. The initiative was aiming to stimulate EGP 125 bn-worth of consumer spending.<\/p>\n<p><strong>Cabinet also signed off on the <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/01a49990-c0a6-474a-9234-976ca6dc30c3\">EastMed Gas Forum charter<\/a><\/strong>, which officially established Cairo as the headquarters of the organization when it was signed by the forum\u2019s seven founding members in September. The EastMed Gas Forum will serve as a platform for natgas producers, consumers, and transit countries in the region, allowing for the creation of shared energy policies to develop the Mediterranean\u2019s estimated 122 tn cubic feet of gas reserves. The forum\u2019s other members are Greece, Cyprus, Italy, Israel, Jordan, and Palestine.<\/p>\n<p><strong>Over 2.8k companies have been paid by the Export Subsidy Fund<\/strong> as part of ongoing efforts to pay out <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/04c6867d-4ef6-4e52-b307-a945333c5adf\">at least 30% of the arrears the fund owes<\/a> to exporters by the end of the year. Plans to pay out EGP 500 mn, a portion of the bns owed in overdue subsidies under an old framework, <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/24\/cabinet-approves-disbursal-of-egp-500-mn-in-overdue-subsidies-to-egyptian-exporters-6865\/\">have been underway for over a year<\/a>. Exporters are eligible to receive up to 40% in cash, and the rest in tax or customs write-offs or discounted land.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eastern-mediterranean-gas-forum\/\">Eastern Mediterranean Gas Forum<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/export-subsidy-fund\/\">export subsidy fund<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"575683\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"575684\" 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=\"575684\">\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\/10\/22\/egypt-in-the-news-on-22-october-2020\/\">\r\n                            Egypt in the News on 22 October 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\/10\/22\/egypt-in-the-news-on-22-october-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\/10\/22\/egypt-in-the-news-on-22-october-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\/10\/22\/egypt-in-the-news-on-22-october-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 22 October 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/egypt-in-the-news-on-22-october-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\/10\/22\/egypt-in-the-news-on-22-october-2020\/&title=Egypt in the News on 22 October 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+22+October+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F10%2F22%2Fegypt-in-the-news-on-22-october-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\/10\/22\/egypt-in-the-news-on-22-october-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575684\" class=\"content-area-description single-story post-575684 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-eu tag-human-rights tag-us wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The only story of note on Egypt in the foreign press this morning:<\/strong> Some European Union lawmakers are lobbying Egypt to release political prisoners just days after <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9560923a-5b5f-4ed3-b2eb-6a64b3444b25\">56 US legislators made a similar request<\/a> in an open letter, according to <a href=\"https:\/\/www.dw.com\/en\/european-lawmakers-call-for-release-of-egypts-political-prisoners\/a-55333083\">Deutsche Welle<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/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=\"575685\" 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=\"575685\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth Listening<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/the-us-china-rivalry-could-break-the-internet\/\">\r\n                            The US-China rivalry could break the internet                        <\/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\/10\/22\/the-us-china-rivalry-could-break-the-internet\/\" 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\/10\/22\/the-us-china-rivalry-could-break-the-internet\/')\">\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\/10\/22\/the-us-china-rivalry-could-break-the-internet\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The US-China rivalry could break the internet&url=https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/the-us-china-rivalry-could-break-the-internet\/\">\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\/10\/22\/the-us-china-rivalry-could-break-the-internet\/&title=The US-China rivalry could break the internet\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a 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data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/the-us-china-rivalry-could-break-the-internet\/242-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/242.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"242.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/242.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/242.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575685\" class=\"content-area-description single-story post-575685 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-listening tag-china tag-cybersecurity tag-enterpriseam tag-globalization tag-politics tag-us tag-worth-listening wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Could the US-China tech conflict lead to a \u201csplinternet\u201d?<\/strong> From Huawei to TikTok, the two global giants are battling it out on the issue of data governance and privacy. Experts are predicting that if tensions continue to escalate, we could find ourselves living in a world divided into separate Western and Chinese digital realms. This so-called \u201csplinternet\u201d would likely cause a divergence, not just in the usage of apps and platforms, but in regulatory frameworks, with China and Russia creating their own data management protocols and Western nations following another, Paul Triolo, head of the geo-technology practice at Eurasia Group, said in an episode of CNBC\u2019s Beyond The Valley podcast (<a href=\"https:\/\/art19.com\/shows\/beyond-the-valley\/episodes\/55a48b84-fe81-4ee8-a60f-652e2df24318\">listen; runtime: 30:26<\/a>).<\/p>\n<p><strong>What would this mean for businesses?<\/strong> A balkanized internet would heavily disrupt the day-to-day operations of companies established in both the US and China and force them to comply with two sets of conflicting data laws. The increase in red tape and other difficulties could force Western companies to exit from China completely.<\/p>\n<p><strong>Some countries would have to play a middle-man role and become \u2018data neutral epicenters\u2019 <\/strong>that store certain types of data that can then be accessed by other countries and companies, said Abishur Prakash, a geopolitical specialist at Toronto-based consulting firm, the Center for Innovating the Future.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cybersecurity\/\">cybersecurity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/globalization\/\">globalization<\/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\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-listening\/\">WORTH LISTENING<\/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=\"575687\" 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=\"575687\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/diplo-foreign-trade-on-22-october-2020\/\">\r\n                            Diplo + Foreign Trade on 22 October 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\/10\/22\/diplo-foreign-trade-on-22-october-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\/10\/22\/diplo-foreign-trade-on-22-october-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\/10\/22\/diplo-foreign-trade-on-22-october-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=Diplo + Foreign Trade on 22 October 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/diplo-foreign-trade-on-22-october-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\/10\/22\/diplo-foreign-trade-on-22-october-2020\/&title=Diplo + Foreign Trade on 22 October 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=Diplo+%2B+Foreign+Trade+on+22+October+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F10%2F22%2Fdiplo-foreign-trade-on-22-october-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\/10\/22\/diplo-foreign-trade-on-22-october-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575687\" class=\"content-area-description single-story post-575687 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-africa tag-cyprus tag-diplomacy tag-diplomacy-foreign-trade tag-eastern-mediterranean tag-enterpriseam tag-gerd tag-greece tag-jordan tag-kenya tag-labor tag-politics tag-south-korea tag-textiles tag-trade tag-turkey wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt, Greece, and Cyprus are inviting Turkey in from the cold<\/strong> to collaborate on exploiting the eastern Mediterranean\u2019s gas resources provided it put an end to its \u201caggressive\u201d actions towards its neighbors, <a href=\"https:\/\/apnews.com\/article\/turkey-abdel-fattah-el-sissi-egypt-summits-ankara-629e519687fe628612ca9a38a40d6c3f\">the Associated Press<\/a> reports. The trio did not exclude Turkey or anyone else from the EastMed partnership \u201cfrom the start\u201d but Ankara\u2019s own actions have forced it to be marginalized, Greek Prime Minister Kyriakos Mitsotakis said following trilateral talks in Cyprus yesterday.<\/p>\n<p>In other diplo + trade news:<\/p>\n<ul>\n<li><strong>Egypt\u2019s textile export council target is looking push into the<\/strong><strong> Kenyan and Tanzanian markets next month<\/strong> as part of a wider expansion plan across Africa, council chairman Saeed Ahmed told <a href=\"https:\/\/alborsaanews.com\/2020\/10\/20\/1392188\">the local press<\/a>.<\/li>\n<li><strong>The African Brazilian Chamber of Commerce is now a thing<\/strong>, after the signing of an agreement between the Union of African Chambers of Commerce and the head of the Arab Brazilian Chamber of Commerce, the <a href=\"https:\/\/alborsaanews.com\/2020\/10\/20\/1392423\">local press<\/a> reports.<\/li>\n<li><strong>Egypt is all in on THAMM: <\/strong>Egypt wants to participate in the International Labor Organization and EU-organized project to reduce Mediterranean migration, Deputy Foreign Minister for Multilateral Affairs and International Security Ihab Fawzy <a href=\"https:\/\/bit.ly\/2FKYtNb\">has said<\/a>.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cyprus\/\">Cyprus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eastern-mediterranean\/\">Eastern Mediterranean<\/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\/greece\/\">Greece<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kenya\/\">Kenya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/labor\/\">labor<\/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\/south-korea\/\">South Korea<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/textiles\/\">textiles<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/turkey\/\">Turkey<\/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=\"575688\" 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=\"575688\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/general-electric-awarded-egp-825-mn-contract-for-delta-energy-control-center\/\">\r\n                            General Electric awarded EGP 825 mn contract for Delta energy control center                        <\/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\/10\/22\/general-electric-awarded-egp-825-mn-contract-for-delta-energy-control-center\/\" 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\/10\/22\/general-electric-awarded-egp-825-mn-contract-for-delta-energy-control-center\/')\">\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\/10\/22\/general-electric-awarded-egp-825-mn-contract-for-delta-energy-control-center\/\">\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=General Electric awarded EGP 825 mn contract for Delta energy control center&url=https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/general-electric-awarded-egp-825-mn-contract-for-delta-energy-control-center\/\">\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\/10\/22\/general-electric-awarded-egp-825-mn-contract-for-delta-energy-control-center\/&title=General Electric awarded EGP 825 mn contract for Delta energy control center\">\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=General+Electric+awarded+EGP+825+mn+contract+for+Delta+energy+control+center+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F10%2F22%2Fgeneral-electric-awarded-egp-825-mn-contract-for-delta-energy-control-center%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\/10\/22\/general-electric-awarded-egp-825-mn-contract-for-delta-energy-control-center\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575688\" class=\"content-area-description single-story post-575688 post type-post status-publish format-standard hentry category-infrastructure tag-abb tag-afd tag-egyptian-electricity-transmission-company tag-electricity tag-elsewedy-electric tag-enterpriseam tag-french-development-agency tag-general-electric tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>General Electric has been awarded the contract to establish a regional energy control center in Dakahlia by the Egyptian Electricity Transmission Company, <a href=\"https:\/\/bit.ly\/2Ho4MqA\">Al Mal<\/a> reports. The American conglomerate undercut a EGP 862 mn offer by ABB and ElSewedy Electric with a EGP 825 mn bid. The project will be financed through a EUR 50 mn loan provided by the French Development Agency. GE is also <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/31f7c42b-a0c4-4c7d-9199-e628a3838c5e\">reportedly on board<\/a> to construct a separate control center in Alexandria. This comes as part of government plans <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0be44afe-e78a-448e-a629-739e4176d803\">to establish 47 control centers<\/a> nationwide to better control energy consumption.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abb\/\">ABB<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/afd\/\">AFD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-electricity-transmission-company\/\">Egyptian Electricity Transmission Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/electricity\/\">electricity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/elsewedy-electric\/\">Elsewedy Electric<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/french-development-agency\/\">French Development Agency<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/general-electric\/\">General Electric<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"575689\" 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=\"575689\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/trials-begin-on-giza-pyramids-electric-bus-route\/\">\r\n                            Trials begin on Giza Pyramids electric bus route                        <\/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\/10\/22\/trials-begin-on-giza-pyramids-electric-bus-route\/\" 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\/10\/22\/trials-begin-on-giza-pyramids-electric-bus-route\/')\">\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\/10\/22\/trials-begin-on-giza-pyramids-electric-bus-route\/\">\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=Trials begin on Giza Pyramids electric bus route&url=https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/trials-begin-on-giza-pyramids-electric-bus-route\/\">\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\/10\/22\/trials-begin-on-giza-pyramids-electric-bus-route\/&title=Trials begin on Giza Pyramids electric bus route\">\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=Trials+begin+on+Giza+Pyramids+electric+bus+route+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F10%2F22%2Ftrials-begin-on-giza-pyramids-electric-bus-route%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\/10\/22\/trials-begin-on-giza-pyramids-electric-bus-route\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575689\" class=\"content-area-description single-story post-575689 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-environment tag-giza-plateau tag-orascom-investment-holding tag-orascom-pyramids-entertainment tag-tourism tag-tourism-and-antiquities-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Orascom Pyramids began trialing the new eco-friendly bus route at the Giza Plateau earlier the week after receiving the first electric bus, the cabinet said in <a href=\"https:\/\/bit.ly\/35lDbP6\">a statement<\/a>. The route, part of the ongoing Giza development project, will feature six stations and take tourists on a circular route between the visitor center and the pyramids complex. This came on the same day that Orascom Pyramids opened the doors of its 9 Pyramids Lounge restaurant. Under its contract with the government, the Orascom Investment Holding subsidiary will be in charge of operating the visitor center, organizing events and providing guiding material. <a href=\"https:\/\/news.yahoo.com\/launch-environmentally-friendly-electric-buses-093838221.html\">AFP<\/a> took note of the newly launched bus route.<\/p>\n<p>Check out our Hardhat two-part series where we dissected the Giza Plateau development plan: <a href=\"https:\/\/enterprise.press\/hardhats\/giza-pyramids-area-getting-major-makeover-heres\/\">Part 1<\/a> | <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/996b1132-84cb-4043-ad24-ca4f500b0074\">Part 2<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/environment\/\">environment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/giza-plateau\/\">Giza Plateau<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orascom-investment-holding\/\">Orascom Investment Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orascom-pyramids-entertainment\/\">Orascom Pyramids Entertainment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism-and-antiquities-ministry\/\">Tourism and Antiquities Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"575690\" 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=\"575690\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/suez-for-methanol-derivatives-is-looking-for-egp-1-3-bn-loan-for-damietta-plant\/\">\r\n                            Suez for Methanol Derivatives is looking for EGP 1.3 bn loan for Damietta plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/suez-for-methanol-derivatives-is-looking-for-egp-1-3-bn-loan-for-damietta-plant\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/suez-for-methanol-derivatives-is-looking-for-egp-1-3-bn-loan-for-damietta-plant\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/suez-for-methanol-derivatives-is-looking-for-egp-1-3-bn-loan-for-damietta-plant\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Suez for Methanol Derivatives is looking for EGP 1.3 bn loan for Damietta plant&url=https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/suez-for-methanol-derivatives-is-looking-for-egp-1-3-bn-loan-for-damietta-plant\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/suez-for-methanol-derivatives-is-looking-for-egp-1-3-bn-loan-for-damietta-plant\/&title=Suez for Methanol Derivatives is looking for EGP 1.3 bn loan for Damietta plant\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Suez+for+Methanol+Derivatives+is+looking+for+EGP+1.3+bn+loan+for+Damietta+plant+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F10%2F22%2Fsuez-for-methanol-derivatives-is-looking-for-egp-1-3-bn-loan-for-damietta-plant%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/suez-for-methanol-derivatives-is-looking-for-egp-1-3-bn-loan-for-damietta-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575690\" class=\"content-area-description single-story post-575690 post type-post status-publish format-standard hentry category-banking-finance tag-banking tag-banking-finance tag-cib tag-enterpriseam tag-qnb-alahli wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Suez Methanol Derivatives Company is looking to secure a EGP 1.3 bn loan for its new plant Damietta, <a href=\"https:\/\/bit.ly\/37BKnth\">Al Mal<\/a> reports. The group is reportedly speaking with CIB and QNB Al Ahli.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cib\/\">CIB<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/qnb-alahli\/\">QNB Alahli<\/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=\"575691\" 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=\"575691\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/three-investors-bidding-for-majority-stake-in-egypts-makkasa-sport\/\">\r\n                            Three investors bidding for majority stake in Egypt\u2019s Makkasa Sport                        <\/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\/10\/22\/three-investors-bidding-for-majority-stake-in-egypts-makkasa-sport\/\" 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\/10\/22\/three-investors-bidding-for-majority-stake-in-egypts-makkasa-sport\/')\">\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\/10\/22\/three-investors-bidding-for-majority-stake-in-egypts-makkasa-sport\/\">\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=Three investors bidding for majority stake in Egypt\u2019s Makkasa Sport&url=https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/three-investors-bidding-for-majority-stake-in-egypts-makkasa-sport\/\">\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\/10\/22\/three-investors-bidding-for-majority-stake-in-egypts-makkasa-sport\/&title=Three investors bidding for majority stake in Egypt\u2019s Makkasa Sport\">\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=Three+investors+bidding+for+majority+stake+in+Egypt%E2%80%99s+Makkasa+Sport+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F10%2F22%2Fthree-investors-bidding-for-majority-stake-in-egypts-makkasa-sport%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\/10\/22\/three-investors-bidding-for-majority-stake-in-egypts-makkasa-sport\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575691\" class=\"content-area-description single-story post-575691 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-ma-watch tag-misr-for-central-clearing-depository-and-registry tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Misr for Central Clearing and Depository (MCDR) is considering three offers for its stake in Makkasa Sport \u2014 which owns Misr Lel Makkasa SC \u2014 after rejecting three others for failing to meet its EGP 80-85 mn valuation, the <a href=\"https:\/\/alborsaanews.com\/2020\/10\/20\/1392226\">local press<\/a> reports, citing sources close to the transaction. Those still in the running for the company\u2019s 71% stake include state-owned <a href=\"https:\/\/estadat.net\/\">Estadat Holding<\/a>, an unnamed Kuwaiti investor, and an unnamed sporting club, according to the sources. The company will now hold individual meetings with the potential buyers and could <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/77d63d3e-3cc9-4606-97ab-efbdf647b26d\">make a decision in the coming weeks<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/misr-for-central-clearing-depository-and-registry\/\">Misr for Central Clearing Depository and Registry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/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=\"575692\" 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=\"575692\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">MY WFH ROUTINE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/my-wfh-routine-omar-elsahy-amazon-souq-egypt-country-manager\/\">\r\n                            My WFH Routine: Omar Elsahy, Amazon \/ Souq Egypt country manager                        <\/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\/10\/22\/my-wfh-routine-omar-elsahy-amazon-souq-egypt-country-manager\/\" 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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Speaking to us this week is Omar Elsahy (<a href=\"https:\/\/www.linkedin.com\/in\/omar-elsahy-bb49b510\/?originalSubdomain=eg\">LinkedIn<\/a>), Country Manager of Amazon\/Souq Egypt.<\/p>\n<p><strong>My name is Omar Elsahy and I look after Amazon \/ Souq in Egypt.<\/strong> We are a family of three \u2014 my wife Eman and I are blessed with our son Adam. And as of last month, our baby bulldog Lucious. My job is to ensure that we hire the best teams and support them to make good decisions. That happens by building a diverse and inclusive culture of empowered leaders and owners who are laser focused on delighting our customers every day. It\u2019s super exciting, fast-paced and ever-changing. Every day brings its own challenges, some of which are easy to navigate and others that take time to think and debate on, but overall the velocity keeps us passionate and with purpose.<\/p>\n<p><strong>I\u2019m an early riser, so I\u2019m up by 5:15am.<\/strong> I start my day with coffee and juice and take 10-15 minutes to watch the sunrise in silence, then I shift gears to review daily reports for work and get my news updates from Enterprise and Apple News. I get a workout started at 6:30am, and then work starts at 8:30am \u2014 unless I have an early Seattle call. Typically, I try to wrap up my day by 6:30pm, unless I have follow-up calls, so I can get at least two hours of quality time with the family before bedtime \u2014 which during the week seems to have become the same for Adam and me.<\/p>\n<p><strong>Since the beginning of the outbreak, the retail sector, including e-commerce, has been constantly evolving to reflect the new norm we live in.<\/strong> One of the most prominent changes we observed was increased demand for everyday products including groceries, food, hygiene products, and work from home supplies. We also witnessed increased demand from lifestyle categories reflecting the change in consumer behavior including kitchen, entertainment, and sports. Businesses have also fast-tracked their online presence to reach their customers.<\/p>\n<p>Egypt is an important market segment for us \u2014 one we will continue to invest and innovate for on behalf of our customers. We currently have a workforce of more than 3,500, with a fulfillment center and nine delivery stations across Egypt.<\/p>\n<p><strong>At the beginning of the lockdown, we began implementing proactive safety measures at our facilities across the region to protect employees and customers<\/strong>, and updated our logistics, transportation, supply chain, purchasing, and third-party seller processes to prioritize covid-19 related safety measures along with stocking and delivering items that were a higher priority for our customers. Regionally, we have increased our workforce by 30%.<\/p>\n<p><strong>At home, my first priority was setting up my work space, which is key regardless of its size.<\/strong> It\u2019s important that it be dedicated to work so that work doesn\u2019t seep into the rest of your life. I set up an office that used to be a glorified storage room \u2014 and it\u2019s been incredibly important in keeping me focused.<\/p>\n<p><strong>I stay organized by relying on calendars to manage my time and meetings. Everything needs to be purposeful<\/strong>, but you also need to carve out time to listen to your teams in forums that allow for more than status reporting and reviews. Relentless prioritization is critical. Get very comfortable saying no to things that do not scale long-term and move the needle in how you better serve your customers. This is a key time to spend thinking, empowering teams and pushing decisions down as much as possible to allow us to operate at scale.<\/p>\n<p><strong>I was proud to see so many of our local leaders step up and make right high velocity decisions under pressure<\/strong>, which is reflective of good judgment. I used to believe that WFH could never be effective. I was proven wrong and stand corrected.<\/p>\n<p><strong>When I\u2019m not at work, I love to spend time with my family.<\/strong> One of my favorite activities is BBQing with some blues playing in the background. I have been trying to read fewer business books and focus more on different genres. I\u2019m currently reading <a href=\"https:\/\/www.ynharari.com\/book\/sapiens-2\/\">Sapiens<\/a>. I also like to team sports and documentaries, so I really enjoyed <a href=\"https:\/\/www.imdb.com\/title\/tt8420184\/\">The Last Dance<\/a>. And because I appreciate good cooking and art, I recently watched <a href=\"https:\/\/www.netflix.com\/eg-en\/title\/80201866\">The Final Table<\/a>, which was amazing. Amazon Prime has been upping the production game recently and putting up a few really cool shows.<\/p>\n<p><strong>When this is all over, the one thing I want to do is travel, travel, then travel some more.<\/strong> I miss the discovery, the walks, the food, the planes, even the queues, even passport control. Just want to travel.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/amazon\/\">Amazon<\/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\/omar-elsahy\/\">Omar Elsahy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/souq\/\">Souq<\/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=\"575694\" 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=\"575694\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/the-market-yesterday-194\/\">\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\/10\/22\/the-market-yesterday-194\/\" 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\/10\/22\/the-market-yesterday-194\/')\">\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\/10\/22\/the-market-yesterday-194\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The Market Yesterday&url=https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/the-market-yesterday-194\/\">\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\/10\/22\/the-market-yesterday-194\/&title=The Market Yesterday\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+Market+Yesterday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F10%2F22%2Fthe-market-yesterday-194%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\/10\/22\/the-market-yesterday-194\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575694\" class=\"content-area-description single-story post-575694 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight: bold;color: #696969;\">Powered by<\/span><\/p>\n<p><a href=\"https:\/\/pharoslive.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" alt=\"Pharos Holding - https:\/\/pharoslive.com\/\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/pharoslive-logo.png?ssl=1\" style=\"display: inline-block;\" \/><\/a><\/p>\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 15.65 | Sell 15.75<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.65 | Sell 15.75<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.65 | Sell 15.75<\/p>\n<p><strong>EGX30<\/strong> (Wednesday): 11,101 (-0.5%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.1 bn (2% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -20.5%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session down 0.5%. CIB, the index\u2019s heaviest constituent, ended down 0.2%. EGX30\u2019s top performing constituents were CIRA up 2.0%, Telecom Egypt up 0.6%, and Cleopatra Hospitals up 0.4%. Yesterday\u2019s worst performing stocks were Egyptian Iron & Steel down 5.0%, GB Auto down 4.0% and Beltone Financial Holding down 3.8%. The market turnover was EGP 1.1 bn, and domestic investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +11.8 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +17.0 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -28.7 mn<\/p>\n<p><strong>Retail<\/strong>: 78.4% of total trades | 76.4% of buyers | 80.3% of sellers<br \/>\n <strong>Institutions<\/strong>: 21.6% of total trades | 23.6% of buyers | 19.7% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 40.09 (-3.86%)<br \/>\n <strong>Brent:<\/strong> USD 41.79 (-3.17%)<\/p>\n<p><strong>Natural Gas:<\/strong> (Nymex, futures prices) USD 3.03 MMBtu (+4.05%, November 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,926.20 \/ troy ounce (+0.56%)<\/p>\n<p><strong>TASI:<\/strong> 8,496.85 (-0.42%) (YTD: +1.28%)<br \/>\n <strong>ADX:<\/strong> 4,543.70 (+0.02%) (YTD: -10.48%)<br \/>\n <strong>DFM:<\/strong> 2,171.18 (-0.44%) (YTD: -21.47%)<br \/>\n <strong>KSE Premier Market:<\/strong> 6,280.60 (+0.57%)<br \/>\n <strong>QE:<\/strong> 9,965.03 (-0.50%) (YTD: -4.42%)<br \/>\n <strong>MSM:<\/strong> 3,586.55 (-0.01%) (YTD: -9.91%)<br \/>\n <strong>BB: <\/strong>1,453.56 (-0.07%) (YTD: -9.73%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"575695\" 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\/10\/22\/575695\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575695\" class=\"content-area-description single-story post-575695 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>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>22-25 October (Thursday-Sunday): Le March\u00e9 furniture expo, Egypt International Exhibition Center, Cairo, Egypt.<\/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>End of October: <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d33a1331-bba4-462c-a268-96256d9235ec\">Last chance to settle building code violations<\/a> for illegal buildings.<\/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>13-15 November (Friday-Sunday): <a href=\"https:\/\/www.mubasher.info\/news\/3709002\/-%D8%A7%D9%84%D9%85%D8%B5%D8%A7%D8%B1%D9%81-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D8%B4%D8%B1%D9%85-%D8%A7%D9%84%D8%B4%D9%8A%D8%AE-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%A4%D8%AA%D9%85%D8%B1%D8%A7-%D9%84%D8%A8%D8%AD%D8%AB-%D8%AA%D8%AD%D8%AF%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D9%81%D9%8A-%D8%B8%D9%84-%D9%83%D9%88%D8%B1%D9%88%D9%86%D8%A7\/\">A conference on banking in the time of covid<\/a> by the Union of Arab Banks, Sharm El Sheikh, Egypt.<\/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>22-25 November (Sunday-Wednesday): <a href=\"https:\/\/cairoict.com\/\">Cairo ICT 2020<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/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 (date TBC): <a href=\"https:\/\/www.facebook.com\/ees.egypt\/\">Egypt Economic Summit<\/a>, Cairo, Egypt, <a href=\"https:\/\/bit.ly\/3jhQXXR\">venue TBD<\/a>.<\/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>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>5 December (Saturday): A court will hold <a href=\"https:\/\/www.egx.com.eg\/downloads\/News\/%d8%a8%d9%8a%d8%a7%d9%86%20%d9%82%d8%b6%d9%8a%d8%a9%201%20%d8%b9%d8%a7%d9%85%d8%b1%20%d8%ac%d8%b1%d9%88%d8%a8%2004-10-2020.pdf\">a postponed hearing<\/a> to look into an appeal by Syria\u2019s Anataradous against an <a href=\"https:\/\/www.arabfinance.com\/en\/news\/details\/egypt-companies\/475194\">arbitration ruling<\/a> in favor of Amer Group and Amer Syria.<\/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>25-29 January 2021 (Monday-Friday): The World Economic Forum\u2019s \u201cDavos Dialogues\u201d will take place virtually.<\/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>18-21 May 2021 (Tuesday-Friday): The World Economic Forum\u2019s annual meeting will be held under the theme of \u201cThe Great Reset\u201d in Lucerne-B\u00fcrgenstock, Switzerland<\/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<p>1 October 2021-31 March 2022 (Friday-Thursday): Postponed <a href=\"https:\/\/www.expo2020dubai.com\">Expo 2020 Dubai<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":575665,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-575664","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a7131524-a9d3-444b-b807-7854405717a8","teaser":"","photo_url":"https:\/\/ent.news\/2020\/10\/235.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>Covid-19 cases are ticking up again, and the PM is not happy - 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\/covid-19-cases-are-ticking-up-again-and-the-pm-is-not-happy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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