{"id":575858,"date":"2020-11-02T03:55:41","date_gmt":"2020-11-02T03:55:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=575858"},"modified":"2025-12-16T10:31:50","modified_gmt":"2025-12-16T10:31:50","slug":"egypt-edges-toward-a-covid-vaccine-everything-you-need-to-know-as-us-voters-go-to-the-polls","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-edges-toward-a-covid-vaccine-everything-you-need-to-know-as-us-voters-go-to-the-polls\/","title":{"rendered":"Egypt edges toward a covid vaccine + everything you need to know as US voters go to the polls"},"content":{"rendered":"<section id=\"575860\" 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=\"575860\">\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\/11\/02\/what-were-tracking-on-2-november-2020\/\">\r\n                            What we\u2019re tracking on 2 November 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\/11\/02\/what-were-tracking-on-2-november-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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It\u2019s one of those \u201cin between\u201d days in which most folks\u2019 thoughts <\/strong><strong>will naturally gravitate across the Atlantic<\/strong> as voters in the United States prepare to head to the polls tomorrow to decide whether Agent Orange gets another four years in office.<\/p><p><a id=\"tldr-story-02\" class=\"content-anchor\"><\/a><strong> What are the pre-election day polls telling us?<\/strong> Joe Biden has a huge 10-point lead in the latest <a href=\"https:\/\/www.wsj.com\/articles\/president-trump-trails-joe-biden-by-10-points-nationally-in-final-days-of-election-11604239200?mod=hp_lead_pos1\">Wall Street Journal\/NBC News nationwide poll<\/a>, which puts him at 52% to Trump\u2019s 42%. The former vice president also has a lead in four of the most crucial swing states, according to a <a href=\"https:\/\/www.nytimes.com\/2020\/11\/01\/us\/politics\/biden-trump-poll-florida-pennsylvania-wisconsin.html\">New York Times\/Siena College poll<\/a>, which has him at +3% in Florida, +6% in Arizona and Pennsylvania and +11% in Trump\u2019s former heartland of Wisconsin.<\/p><p><strong>Pennsylvania may well be the key to the White House:<\/strong> With more electoral college votes than any other battleground state except Florida, both campaigns are piling resources into a last-ditch effort to swing the state in their favor, <a href=\"https:\/\/www.nytimes.com\/2020\/11\/01\/us\/politics\/trump-biden-campaign.html\">the New York Times<\/a> says. While Biden<a href=\"https:\/\/www.washingtonpost.com\/politics\/campaign-biden-trump\/2020\/11\/01\/ae873dfc-1c54-11eb-b532-05c751cd5dc2_story.html\">focuses his energy on the Keystone State<\/a>, <a href=\"https:\/\/www.reuters.com\/article\/us-usa-election\/trump-launches-final-two-day-frenzy-of-campaigning-in-bid-for-surprise-win-idUSKBN27H12Z?il=0\">Trump is on a two-day campaign blitz<\/a>, holding over 10 rallies across seven states.<\/p><p><strong>There\u2019s a good chance we\u2019re not going to know who won on election night.<\/strong> The surge in the use of mail-in ballots will mean the vote count takes longer than usual and it could be several days before a final result is announced. <a href=\"https:\/\/projects.fivethirtyeight.com\/election-results-timing\/\">FiveThirtyEight<\/a> has a useful breakdown of when we might see results from each state. The key to watch: When will CNN and the Associated Press call individual states.<\/p><p><strong>Mail-in ballots may also lead to The Donald incorrectly declaring himself the winner <\/strong><strong>on election night.<\/strong> One scenario now being touted by some observes suggests that it could appear Trump has triumphed after in-person votes are counted in the hours after the polls close, but as one data analytics company <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ed9329d3-9ac5-4e67-a3ec-b39ec9f8d0f8\">has suggested<\/a>, the result could shift later in the week as mail-in ballots (which are used more by Democratic voters) are added to the tally.<\/p><p><strong>Trump has already telegraphed a post-election legal battle<\/strong>, <a href=\"https:\/\/thehill.com\/homenews\/administration\/523917-trump-denies-he-will-prematurely-declare-victory-signals-election\">saying yesterday<\/a> that he intends to take legal action to prevent ballots from being counted after election day.<\/p><p><strong>Emerging-market investors are bracing for impact:<\/strong> The potential for a contested election is focusing the minds of emerging-market investors, many of whom had priced in a huge Democratic victory and a swift stimulus package, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-11-01\/emerging-market-traders-brace-for-chaos-as-u-s-election-looms?srnd=premium-middle-east&amp;sref=mmeFTDW1\">Bloomberg<\/a> reports. EM stocks, bonds and currencies experienced their worst week in over a month last week and an equity volatility gauge spiked to its highest levels since June as concerns over the US election and rising covid cases caused a sell-off in Western markets.<\/p><p><strong>Add oil prices to the list of things Gulf equities have to worry about:<\/strong> Stock markets in the Gulf slid yesterday as new restrictions in Europe and rising covid cases in the US heightened fears of a renewed slump in demand for oil, <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN27H15R\">Reuters<\/a> says. Kuwait saw the biggest losses, falling 2.1% during trading, while the Dubai bourse slid 1.6% and the Saudi and Abu Dhabi indexes both losing 0.5%.<\/p><p><strong>The EGX also finished in the red yesterday<\/strong>, falling 0.6% during the session to leave the index down 25.1% year-to-date. Trading was 19% below the trailing 90-day average, with some EGP 911 mn worth of shares changing hands.<\/p><p><strong>Asian shares were mixed at dispatch time this morning<\/strong> while US and European futures were pointing to a slight bounce from last week\u2019s sell-off after Wall Street turned in its worst week since March.<\/p><hr class=\"grey-line\"><p><strong>The House is in recess once more so MPs can hit the campaign trail. <\/strong>The next House plenary session will be called to order on 15 December with the same faces reconvening for what should be the last time. Speaker Ali Abdel Aal <a href=\"https:\/\/bit.ly\/2TN2O5K\">made the announcement<\/a> yesterday. Our elected representatives passed a flurry of bills yesterday before punching out to go kiss babies. We have a recap in this morning\u2019s Speed Round, below.<\/p><p><strong>Voters in Cairo, Sinai and 10 other governorates go to the polls starting this coming <\/strong><strong>Wednesday. <\/strong>Expats registered to vote in those governorates cast ballots starting Wednesday, while voters resident in Egypt will hit the voting booths Saturday and Sunday.<\/p><p><strong>Not sure where to vote?<\/strong> <a href=\"https:\/\/www.elections.eg\/\">The National Election Commission has got you covered<\/a>.<\/p><p><strong>The new class of MPs elected in the polls that began late last month won\u2019t be seated until <\/strong><strong>at least 10 January 2021<\/strong>, as the current group of MPs are legally our representatives until 9 January.<\/p><p><strong>First phase election results dominated the airwaves last night<\/strong>, as we report in Last Night\u2019s Talk Shows, also below.<\/p><hr class=\"grey-line\"><p><strong>News triggers coming up in the next two weeks:<\/strong><\/p><ul>\n<li><strong>PMI figures<\/strong> for October will land tomorrow;<\/li>\n<li><strong>Foreign reserves<\/strong> figures should be out next week;<\/li>\n<li><strong>Inflation<\/strong> data for October will be released on 10 November;<\/li>\n<li>The Central Bank of Egypt\u2019s <strong>Monetary Policy Committee<\/strong> will meet to review rates on 12 November.<\/li>\n<\/ul><hr class=\"grey-line\"><p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/35SK8r3\">reported<\/a><\/strong><strong> 181 new covid-19 infections yesterday<\/strong>, up from 170 the day before. Egypt has now disclosed a total of 107,736 confirmed cases of covid-19. The ministry also reported 12 new deaths, bringing the country\u2019s total death toll to 6,278. We now have a total of 99,555 confirmed cases that have fully recovered.<\/p><p><a id=\"tldr-story-03\" class=\"content-anchor\"><\/a><strong> Covid vaccine production draws nearer as cases begin to rise:<\/strong> Clinical trials of two covid-19 vaccines have been completed in Egypt and one of them will be produced domestically alongside a Chinese vaccine, Health Minister Hala Zayed told El Hekaya\u2019s Amr Adib last night <a href=\"https:\/\/www.youtube.com\/watch?v=2nlpXV4aaxc\">(watch, runtime: 3:41)<\/a>. She added that she would meet the Chinese ambassador today to discuss issues related to production. This comes as the daily case rate begins to creep up, a trend that Zayed said was expected given that we\u2019re heading into cooler weather <a href=\"https:\/\/www.youtube.com\/watch?v=FvjIweIyoXY\">(watch, runtime: 2:06)<\/a> She said that 65% of the new cases have been among women who do not work outside the home and the elderly <a href=\"https:\/\/www.youtube.com\/watch?v=8Iww1o8X4SU&amp;t=17s\">(watch, runtime: 2:03)<\/a>.<\/p><p><strong>AstraZeneca\u2019s covid-19 vaccine is now under accelerated review by UK regulators<\/strong>, a spokesperson from the British pharma company said, according to <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-astrazeneca-vaccin\/britain-starts-accelerated-review-for-astrazenecas-potential-covid-19-vaccine-idUSKBN27H1BF\">Reuters<\/a>. This expedited approach could result in quicker approval for the vaccine candidate, which was <a href=\"https:\/\/www.cnbc.com\/2020\/10\/26\/oxford-astrazeneca-coronavirus-vaccine-reportedly-triggers-immune-response-among-adults-.html\">recently shown<\/a> to trigger an immune response in adults, raising hopes for the development of a vaccine by the end of the year. <strong>Egypt has also been in talks to import mns of doses of AstraZeneca\u2019s vaccine.<\/strong><\/p><p><strong>The Eurozone is expected to fall back into contraction in the fourth quarter<\/strong> due to the new restrictions introduced last week. After growing by a record 12.7% in 3Q, economists polled by <a href=\"https:\/\/www.ft.com\/content\/3269f590-1cac-411f-8320-110c91c1f12e\">the Financial Times<\/a> now see euro GDP falling 2.3% in 4Q, raising the spectre of a double-dip recession early in 2021.<\/p><p><strong>Europe\u2019s lockdown solidarity is starting to slip:<\/strong> Protests have flared in Spain and Italy over the past week as frustration builds over the handling of the coronavirus and the new restrictions introduced to curb the outbreak. Just hours after the Guardian published an alarmist <a href=\"https:\/\/www.theguardian.com\/world\/2020\/nov\/01\/governments-lose-control-virus-revolt-civil-unrest-continent\">\u201crevolt is in the air\u201d piece<\/a>, the Spanish prime minister was out <a href=\"https:\/\/www.theguardian.com\/world\/2020\/nov\/01\/spain-pm-calls-calm-after-violent-anti-lockdown-protests\">appealing for calm<\/a> as demonstrations took place in cities across the country.<\/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\/Mesca-Beach-Oct.-Approved-3.jpg?ssl=1\" alt=\"enterprise\"><\/a>Introducing the new Mesca Beach: an exclusive slice of island paradise where you can slow down and sunbathe or simply live it up by engaging in exciting beachfront activities, offered in abundance above and below Somabay\u2019s mesmerizing sea. Powered by top-class utilities and exceptional service, Mesca Beach is a heaven on earth.<\/p><p><strong>Central banks are capitalizing on record high prices to sell gold for the first time in <\/strong><strong>a decade<\/strong> as some come under pressure from the pandemic, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-10-29\/central-banks-sell-gold-for-first-time-in-decade-as-virus-bites?sref=mmeFTDW1\">Bloomberg<\/a>reports. The selling has largely been spurred by Turkey and Uzbekistan, both of whom are fiscally stretched and looking to offload some of their gold reserves to plug the gaps.<\/p><p><strong>Could EU bonds become a more attractive hedge than US treasuries?<\/strong> The EU\u2019s record-setting USD 275 bn social bond sale this month seems to imply as much, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-10-31\/a-one-day-rival-to-treasuries-is-born-in-europe-s-pandemic-bonds?sref=mmeFTDW1\">Bloomberg<\/a>. With another USD 1 trn in debt slated for sale by the EU in the coming years and globally held EUR reserves jumping 4% last quarter compared to a 1.9% rise in USD reserves, analysts say the EUR could see long-term gains amid record issuance and continued pessimism over the greenback.<\/p><p><strong>International investors will see reduced red tape accessing China\u2019s capital<\/strong><strong> markets <\/strong>thanks to new measures that came into effect yesterday expediting the application process and removing restrictions on the scope of investments, the <a href=\"https:\/\/www.ft.com\/content\/a5392f07-9deb-4573-beb1-88a946f00df5\">Financial Times<\/a> reports. The new rules will also open up its vast onshore futures market to international investors, allowing them to hedge their positions on the stock market. Investors will also be permitted to lend their holdings of shares trading in Shanghai and Shenzhen.<\/p><hr class=\"grey-line\"><p><strong>Veteran British foreign correspondent Robert Fisk has died at the age of 74<\/strong>. The journalist and author, famous for his coverage of the Middle East, passed away at a Dublin hospital after becoming unwell on Friday, <a href=\"https:\/\/www.irishtimes.com\/news\/world\/veteran-journalist-and-author-robert-fisk-dies-aged-74-1.4397069\">the Irish Times<\/a> reports.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. Blackboard appears every Monday in Enterprise in the place of our traditional industry news roundups.<\/p><p><strong>In today\u2019s issue:<\/strong> We take a look at a new government authority set up to accredit and oversee Egypt's vocational education system as vocational schools set up under private-public partnerships are gathering steam.<\/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\/antitrust\/\">antitrust<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/apple\/\">Apple<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" 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   \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/last-nights-talk-shows-on-2-november-2020\/\">\r\n                            Last Night\u2019s Talk Shows on 2 November 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 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<\/a>\r\n\r\n                \n<article id=\"post-575862\" class=\"content-area-description single-story post-575862 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-covid-19 tag-education tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-house-of-representatives tag-legislation tag-national-elections-authority tag-politics tag-saudi-arabia tag-tourism tag-umrah wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Coverage of the results of the first phase of the parliamentary elections dominated the <\/strong><strong>airwaves last night:<\/strong> Kelma Akhira\u2019s Lamees El Hadidi <a href=\"https:\/\/www.youtube.com\/watch?v=fPz27WcZLwY&t=76s\">(watch, runtime: 4:19)<\/a>, Al Hayah Al Youm\u2019s Lobna Assal <a href=\"https:\/\/www.youtube.com\/watch?v=bEEjMufc7f8&t=91s\">(watch, runtime: 3:34)<\/a> and Ala Mas\u2019ouleety\u2019s Ahmed Moussa <a href=\"https:\/\/www.youtube.com\/watch?v=Tis0I5PLSeA\">(watch, runtime: 6:43)<\/a> all covered the National Elections Authority\u2019s press conference announcing the results from last month\u2019s poll, which saw voters from 14 governorates go the ballot box. We have more coverage in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>New covid-era umrah restrictions pose problems for Egyptian pilgrims:<\/strong> El Hadidi phoned Ashraf Shiha, a member of the Chamber of Tourism Companies, who said that new restrictions imposed by Saudi Arabia on umrah pilgrims will mean that many Egyptians will not be able to make the trip <a href=\"https:\/\/www.youtube.com\/watch?v=AJN5hSuSI08\">(watch, runtime: 7:50)<\/a>. The new conditions make PCR tests mandatory for all travellers, impose compulsory isolation for three days in KSA, and prohibit people aged under 18 and over 50 from travelling. Shiha noted that these conditions would raise costs, putting the trip beyond the financial reach of many Egyptians. Shiha also spoke to Ala Mas\u2019ouleety\u2019s Ahmed Moussa <a href=\"https:\/\/www.youtube.com\/watch?v=j8LpaSZUlbQ\">(watch, runtime: 4:21)<\/a>.<\/p>\n<p><strong>Wage hikes for public sector teachers:<\/strong> Assal phoned Rep. Samy Hashem, head of the House Education Committee, to discuss a bill that proposes better pay for teachers in the nation\u2019s public school system, which cleared the House yesterday. Hashem said the committee made minor semantic adjustments to the draft law <a href=\"https:\/\/www.youtube.com\/watch?v=Bh6yvc8mHgM&t=78s\">(watch, runtime: 10:41)<\/a> but didn\u2019t change the financial ratios <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d6d60eff-09c2-4ecb-9233-b9e9ec78484d\">that the Madbouly cabinet approved last month<\/a>. Ahmed Moussa also had coverage <a href=\"https:\/\/www.youtube.com\/watch?v=wnBJ6ije-hU\">(watch, runtime: 4:39)<\/a>.<\/p>\n<p><strong>Private schools, watch this space: <\/strong>El Hadidi phoned Rep. Mohamed Abu El Enein, who said the education minister told the committee he was looking into ways to prompt private schools to pay their teachers better and would report back within four weeks <a href=\"https:\/\/www.youtube.com\/watch?v=2kqlqT-Cj88&t=176s\">(watch, runtime: 6:22)<\/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\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-elections-authority\/\">National Elections Authority<\/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\/saudi-arabia\/\">Saudi Arabia<\/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\/umrah\/\">umrah<\/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=\"575863\" 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=\"575863\">\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\/11\/02\/settlement-deadline-for-illegal-construction-pushed-until-the-end-of-november\/\">\r\n                            Settlement deadline for illegal construction pushed until the end of November                        <\/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\/11\/02\/settlement-deadline-for-illegal-construction-pushed-until-the-end-of-november\/\" 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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You\u2019ve got to an extra month to settle up. <\/strong>The deadline to pay the fines for building code violations has been pushed to 30 November, Prime Minister Moustafa Madbouly <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1762508007260890\">said last week<\/a>. The extension comes after the government received requests from property owners asking for time to complete the necessary paperwork, cabinet spokesperson Nader Saad said in an interview on DMC (<a href=\"https:\/\/youtu.be\/gnpH2UM8mAQ?t=47\">watch, runtime: 5:49<\/a>). The government has received 2.1 mn settlement requests and has taken some EGP 14 bn since it began taking a hardline approach towards code violations and wildcat builders <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b74bd51f-508a-49e7-b6c2-108b6985ec11\">at the beginning of September<\/a>.<\/p>\n<p><strong>This is the second time the government has pushed the deadline<\/strong>, after originally saying that it would not negotiate the initial cut off point at the end of September. The deadline <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d33a1331-bba4-462c-a268-96256d9235ec\">was ultimately pushed<\/a> to the end of October and now to the end of November amid a flood of settlement requests. It also made concessions to MPs by slashing settlement fees after members raised concerns that many people would not be able to afford them. The policy provoked small protests in some areas of the country last month by people angered by the prospect of having their homes demolished.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/building-code\/\">building code<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/construction\/\">construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/housing\/\">housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moustafa-madbouly\/\">Moustafa Madbouly<\/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=\"575880\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"575881\" 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=\"575881\">\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\/11\/02\/egypt-in-the-news-on-2-november-2020\/\">\r\n                            Egypt in the News on 2 November 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\/11\/02\/egypt-in-the-news-on-2-november-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\/11\/02\/egypt-in-the-news-on-2-november-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\/11\/02\/egypt-in-the-news-on-2-november-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 2 November 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/egypt-in-the-news-on-2-november-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\/11\/02\/egypt-in-the-news-on-2-november-2020\/&title=Egypt in the News on 2 November 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+2+November+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F02%2Fegypt-in-the-news-on-2-november-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\/11\/02\/egypt-in-the-news-on-2-november-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575881\" class=\"content-area-description single-story post-575881 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-media wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt isn\u2019t doing much to interest the foreign press this morning. <\/strong>We are grateful.<\/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\/media\/\">media<\/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=\"575882\" 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=\"575882\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/explaining-the-eastmed-gas-fight\/\">\r\n                            Explaining the EastMed gas fight                        <\/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\/11\/02\/explaining-the-eastmed-gas-fight\/\" 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\/11\/02\/explaining-the-eastmed-gas-fight\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/explaining-the-eastmed-gas-fight\/&title=Explaining the EastMed gas fight\">\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=Explaining+the+EastMed+gas+fight+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F02%2Fexplaining-the-eastmed-gas-fight%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\/11\/02\/explaining-the-eastmed-gas-fight\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/35.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"575883\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/explaining-the-eastmed-gas-fight\/35-jpg-17\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/35.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"35.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/35.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/35.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575882\" class=\"content-area-description single-story post-575882 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-cyprus tag-diplomacy tag-dispute-watch tag-eastern-mediterranean tag-energy tag-enterpriseam tag-greece tag-politics tag-turkey tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Explaining the EastMed gas fight: <\/strong>A dispute over the gas-rich eastern Mediterranean that has had Ankara and Athens butting heads in recent months can be put down to competing water claims in areas around the Turkish coastline, the Greek archipelago, and the divided island of Cyprus, Financial Times energy editor David Sheppard explains (<a href=\"https:\/\/www.ft.com\/video\/d5599ffa-6b0a-4295-8222-a9560ff6f316?playlist-name=section-c91b1fad-1097-468b-be82-9a8ff717d54c&playlist-offset=3\">watch, runtime: 4:46<\/a>). Sheppard shows which waters are claimed by Turkey and lays out its side of the argument, as it looks to secure its share of the region\u2019s lucrative gas reserves.<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/dispute-watch\/\">dispute watch<\/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\/energy\/\">energy<\/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\/politics\/\">politics<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"575884\" 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=\"575884\">\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\/11\/02\/diplomacy-foreign-trade-on-2-november-2020\/\">\r\n                            Diplomacy + Foreign Trade on 2 November 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\/11\/02\/diplomacy-foreign-trade-on-2-november-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\/11\/02\/diplomacy-foreign-trade-on-2-november-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\/11\/02\/diplomacy-foreign-trade-on-2-november-2020\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Diplomacy + Foreign Trade on 2 November 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/diplomacy-foreign-trade-on-2-november-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\/11\/02\/diplomacy-foreign-trade-on-2-november-2020\/&title=Diplomacy + Foreign Trade on 2 November 2020\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Diplomacy+%2B+Foreign+Trade+on+2+November+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F02%2Fdiplomacy-foreign-trade-on-2-november-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\/11\/02\/diplomacy-foreign-trade-on-2-november-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575884\" class=\"content-area-description single-story post-575884 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-african-union tag-diplomacy-foreign-trade tag-enterpriseam tag-ethiopia tag-sudan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Negotiations over the Grand Ethiopian Renaissance Dam resumed yesterday<\/strong>, with <a href=\"https:\/\/www.facebook.com\/wreSudan\/photos\/a.1561918487355878\/2678910428990006\/?type=3&__tn__=-R\">Sudan pushing<\/a> for greater input from the African Union to build bridges between Egypt and Ethiopia, which are no closer to reaching a final agreement on the filling and operating timetable of the dam after months of talks. Technical and legal teams will hold talks today before submitting the results to ministers on Tuesday, the Egyptian Irrigation Ministry <a href=\"https:\/\/www.facebook.com\/mwriSpokesman\/posts\/182997166758299?__tn__=H-R\">said<\/a> yesterday.<\/p>\n<p><strong>There\u2019s plenty of background diplomacy going on:<\/strong> The Egyptian army\u2019s chief of staff <a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/posts\/2156723131125324?__tn__=-R\">was in<\/a><a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/posts\/2156723131125324?__tn__=-R\">Khartoum for talks<\/a> with Sudanese generals on Saturday at the same time as the chairman of Sudan\u2019s ruling council Abdel Fattah Al Burhan <a href=\"https:\/\/en-gb.facebook.com\/MFAEthiopia\/posts\/4131233383570540?__tn__=-R\">flew to Ethiopia<\/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\/african-union\/\">African Union<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"575888\" 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=\"575888\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/the-market-yesterday-199\/\">\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\/11\/02\/the-market-yesterday-199\/\" 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\/11\/02\/the-market-yesterday-199\/')\">\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\/11\/02\/the-market-yesterday-199\/\">\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\/11\/02\/the-market-yesterday-199\/\">\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\/11\/02\/the-market-yesterday-199\/&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%2F11%2F02%2Fthe-market-yesterday-199%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\/11\/02\/the-market-yesterday-199\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575888\" class=\"content-area-description single-story post-575888 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> (Sunday): 10,456 (-0.6%)<br \/>\n <strong>Turnover:<\/strong> EGP 911 mn (19% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -25.1%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 ended Sunday\u2019s session down 0.6%. CIB, the index\u2019s heaviest constituent, ended down 0.05%. EGX30\u2019s top performing constituents were Egyptian Iron & Steel up 3.4%, Export Development Bank up 3.2%, and Telecom Egypt up 1.9%. Yesterday\u2019s worst performing stocks were Heliopolis Housing down 3.8%, Ezz Steel down 3.7% and Orascom Investment Holding down 3.3%. The market turnover was EGP 911 mn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net short | EGP -32.0 mn<br \/>\n <strong>Regional<\/strong>: Net short | EGP -2.5 mn<br \/>\n <strong>Domestic<\/strong>: Net long | EGP +34.5 mn<\/p>\n<p><strong>Retail<\/strong>: 80.5% of total trades | 81.2% of buyers | 79.7% of sellers<br \/>\n <strong>Institutions<\/strong>: 19.5% of total trades | 18.8% of buyers | 20.3% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 35.79 (-1.05%)<br \/>\n <strong>Brent:<\/strong> USD 37.94 (-0.84%)<\/p>\n<p><strong>Natural Gas:<\/strong> (Nymex, futures prices) USD 3.35 MMBtu, (+1.61%, December 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,879.80 \/ troy ounce (+0.64%)<\/p>\n<p><strong>TASI:<\/strong> 7,864 (-0.54%) (YTD: -6.25%)<br \/>\n <strong>ADX:<\/strong> 4,634 (-0.55%) (YTD: -8.69%)<br \/>\n <strong>DFM:<\/strong> 2,152 (-1.62%) (YTD: -22.15%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,879 (-2.07%)<br \/>\n <strong>QE:<\/strong> 9,640 (-0.53%) (YTD: -7.53%)<br \/>\n <strong>MSM:<\/strong> 3,552 (-0.15%) (YTD: -10.77%)<br \/>\n <strong>BB: <\/strong>1,426 (-0.07%) (YTD: -11.42%)<\/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=\"575889\" 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\/11\/02\/575889\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575889\" class=\"content-area-description single-story post-575889 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>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, Dakalia, 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, Dakalia, Qalyubia, Menofia, Gharbia, Kafr El Sheikh, Sharqia, Damietta, Port Said, Ismailia, Suez, North Sinai and South Sinai.<\/p>\n<p>7-9 November (Saturday-Monday): <a href=\"https:\/\/alex.technesummit.com\/2020\">Techne Summit 2020<\/a>, Bibliotheca Alexandrina, Alexandria.<\/p>\n<p>12 November (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>12 November (Thursday): The African Private Equity and Venture Capital Association (AVCA) is organizing an online conference titled \u201cState of African Private Equity & Venture Capital: Regional Perspectives.\u201d You can sign up <a href=\"https:\/\/hopin.to\/events\/state-of-african-private-equity-venture-capital-regional-perspectives\">here<\/a>.<\/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): Runoffs 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: Fifth round of Egypt-US Trade and Investment Framework Agreement (TIFA) talks.<\/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): Runoffs 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":575859,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-575858","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"90276903-3779-47db-839d-568c403104f4","teaser":"","photo_url":"https:\/\/ent.news\/2020\/11\/27.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>Egypt edges toward a covid vaccine + everything you need to know as US voters go to the polls - 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\/egypt-edges-toward-a-covid-vaccine-everything-you-need-to-know-as-us-voters-go-to-the-polls\/\" 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