{"id":575981,"date":"2020-11-05T03:43:07","date_gmt":"2020-11-05T03:43:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=575981"},"modified":"2025-12-16T10:36:13","modified_gmt":"2025-12-16T10:36:13","slug":"the-us-election-is-still-too-close-to-call-and-we-just-got-our-second-covid-warning-of-the-week","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/the-us-election-is-still-too-close-to-call-and-we-just-got-our-second-covid-warning-of-the-week\/","title":{"rendered":"The US election is still too close to call \u2014 and we just got our second covid warning of the week"},"content":{"rendered":"<section id=\"575983\" 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=\"575983\">\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\/05\/what-were-tracking-on-5-november-2020\/\">\r\n                            What we\u2019re tracking on 5 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\/05\/what-were-tracking-on-5-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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The race for control of the Senate also remains undecided at 48 seats to each of the Dems and the GOP, and the Democrats remain 14 seats short of retaining the House. And Agent Orange\u2019s campaign is dropping lawsuits left, right and center.<\/p><p><strong>Things are looking increasingly good for Biden this morning as results tricled in <\/strong><strong>overnight from undecided states.<\/strong> The <a href=\"https:\/\/news.sky.com\/story\/us-election-2020-these-surprise-votes-arent-part-of-a-conspiracy-they-are-just-not-to-trumps-liking-12123833\">Red Mirage<\/a> was in full effect in Michigan and Wisconsin \u2014 two Rust Belt states that were leaning towards Trump during the early vote count but were later won by Biden after the absentee ballots were added to the tally. Georgia and Pennsylvania, two other states in which Trump took a strong early lead, are slowly tilting towards the Biden camp, putting Trump\u2019s hopes of reelection in jeopardy.<\/p><p><strong>The Trump Campaign became increasingly litigious as his leads in Pennsylvania and <\/strong><strong>Georgia narrowed<\/strong> \u2014 and as Wisconsin and Michigan flipped. The campaign has <a href=\"https:\/\/apnews.com\/article\/donald-trump-seeks-voting-stop-25762f69b27dfbccc4fd8077fb5fdc91\">announced legal action<\/a> in Pennsylvania, Michigan and Georgia claiming that poll watchers were denied access to facilities where votes were being tallied and is demanding a recount in Wisconsin. Rudy Giuliani has also <a href=\"https:\/\/www.newsweek.com\/trump-campaign-mulling-national-election-lawsuit-really-expose-corruption-rudy-giuliani-says-1544930\">threatened a \u201cnational lawsuit\u201d<\/a> in a bizarre press briefing in Philadelphia.<\/p><p><strong>This came just hours after he preemptively declared victory in a speech from the White House<\/strong>, despite the results still showing the two candidates neck and neck, the <a href=\"https:\/\/www.bbc.com\/news\/election-us-2020-54791113\">BBC<\/a> reports.<\/p><p><a href=\"https:\/\/twitter.com\/JoeBiden\/status\/1324172079025934336?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\">In a short speech in front of his supporters<\/a> <strong>Biden stopped short of declaring victory<\/strong> but said that <strong>he believes he will be the winner after the vote count is over<\/strong>.<\/p><p><strong>Demonstrators <\/strong><strong><a href=\"https:\/\/www.usatoday.com\/story\/news\/nation\/2020\/11\/04\/election-unrest-hundreds-march-several-arrested-protests-continue\/6158310002\/\">began taking to the streets<\/a><\/strong><strong> in cities across the country:<\/strong> Biden supporters held rallies in Chicago, New York and Philadelphia in protest at Trump\u2019s attempts to stop the vote count, while Republican voters gathered in Detroit in response to Trump\u2019s allegations of election fraud.<\/p><p><strong>Where does the race currently stand?<\/strong> According to the AP\u2019s tally, Biden currently leads Trump in the electoral college vote 264 to 214, leaving him only needing one or two states to pass the all-important 270 mark. Nevada, with its six electoral votes, would not be enough on its own should Trump pull off an unexpected win in Arizona, but winning any of Pennsylvania, North Carolina and Georgia will make him president-elect. To win reelection, Trump will need to hold onto his leads in Pennsylvania, North Carolina and Georgia, and flip Nevada where Biden currently has a slender 8k lead.<\/p><p><strong>The outlier:<\/strong> The race for Arizona, which was called for Biden by the AP hours ago, may not be over after all. Biden is seeing his lead shrink in the conservative state as absentee ballots continue to roll in, and is now up by just 75k votes with 86% reported. NBC and other organizations still see the race as too close to call.<\/p><p><strong>So, when can we expect a final result?<\/strong> Right now it is unclear when the remaining states will declare due to the sheer volume of mail-in ballots. We could be waiting until tonight or even tomorrow before a winner is eventually declared.<\/p><p><strong>Congressional races aren\u2019t breaking the Dems\u2019 way: <\/strong>Despite looking like they\u2019re on course to take back the White House, Democrats are unlikely to do the same with the Senate and face the prospect of a smaller majority in the House, <a href=\"https:\/\/edition.cnn.com\/2020\/11\/04\/politics\/senate-election-results-frustrated-democrats\/index.html\">CNN<\/a> says. House Speaker Nancy Pelosi described the night as <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-11-04\/pelosi-s-power-takes-a-hit-with-diminished-u-s-house-majority?sref=mmeFTDW1\">\u201cchallenging\u201d<\/a> as seven Democratic House representatives lost their seats and gained only two seats in the Senate. With the Senate currently neck and neck at 48-48, it still remains possible that the Democrats could eke out a tiny majority, while in the race for the House, Republicans are trailing 190 to 205.<\/p><p><strong>Investors don\u2019t seem phased at all by the state of affairs<\/strong>, with stock markets surging yesterday on what <a href=\"https:\/\/www.reuters.com\/article\/usa-stocks\/us-stocks-wall-st-soars-as-investors-price-in-gridlock-in-washington-idUSL4N2HQ4GM\">Reuters<\/a> says are hopes for gridlock in Washington. <strong>Asian markets are up in early trading this morning<\/strong> and futures point to European markets and Wall Street following suit later today. Seemingly ignoring the slimmer chances of a sizable stimulus bill with a Republican Senate, the newswire says that political dysfunction is now being seen positively in that legislators will be unable to make any major policy changes.<\/p><p><strong>But major policy changes are exactly what the country needs, says El Erian:<\/strong> A divided electorate and a split Congress will present huge challenges for the country in solving the current health and economic crises, markets sage Mohamed El Erian writes for the <a href=\"https:\/\/www.ft.com\/content\/bad0c75d-24dc-4d3a-9f19-6cecfef4fb50\">Financial Times<\/a>. The results of the election mean that the country may be \u201cboth unwilling and unable to embark on the decisive measures needed,\u201d he writes. In the short term, varying state policies toward battling covid-19 will likely fail at appropriately curbing the virus, while in the long term continued reliance by the Federal Reserve on ineffectual monetary policy tools may distort markets and do little to stimulate spending, creating a slump that could reverberate across the global economy.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/1600-NBC-poll-US-elections.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>Over in our neighbourhood, people would rather that both of them lost the <\/strong><strong>election.<\/strong> The majority of people in the Middle East don\u2019t want to see Trump or Biden make it into office, according to a survey conducted by Arab News and polling firm YouGov in which 49% of respondents chose neither candidate when asked who would be better for the Arab region.<\/p><hr class=\"grey-line\"><p><strong>The <\/strong><strong><a href=\"https:\/\/www.cityscapeegypt.com\/en\/Home.html\">Cityscape<\/a><\/strong><strong> real estate exhibition kicked off yesterday and runs through this <\/strong><strong>Saturday <\/strong>at the Egyptian International Exhibition Center in New Cairo. The exhibition was slated for March, but was pushed back due to the pandemic.<\/p><p><strong>Netflix\u2019s first made-in-Egypt original series debuts today. <\/strong>Paranormal is based on the best-selling books of Ahmed Khaled Tawfek. It stars Ahmed Amin and Razane Jammal and is already in our queue to watch this weekend. You can check out the trailer and teasers <a href=\"https:\/\/www.netflix.com\/eg-en\/title\/80214886\">here on the official website<\/a>.<\/p><p><strong>Voting continues today and tomorrow for Egyptians abroad in the second phase of <\/strong><strong>House elections.<\/strong> Casting their ballots are folks registered in Cairo, Dakalia, Qalyubia, Menofia, Gharbia, Kafr El Sheikh, Sharqia, Damietta, Port Said, Ismailia, Suez, North Sinai and South Sinai. Expats have until Friday to vote.<\/p><p><strong>Polls open for voters here at home on Saturday<\/strong> and Sunday, 7-8 November.<\/p><p><strong>Other news triggers to keep your eye on:<\/strong><\/p><ul>\n<li><strong>Inflation<\/strong> data for October will be released next Tuesday, 10 November;<\/li>\n<li>The Central Bank of Egypt\u2019s <strong>Monetary Policy Committee<\/strong> will meet to review rates a week from today.<\/li>\n<\/ul><hr class=\"grey-line\"><p><a id=\"tldr-story-03\" class=\"content-anchor\"><\/a> <strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/38d1Kk4\">reported<\/a><\/strong><strong> 207 new covid-19 infections yesterday<\/strong>, up from 197 the day before. Egypt has now disclosed a total of 108,329 confirmed cases of covid-19. The ministry also reported 13 new deaths, bringing the country\u2019s total death toll to 6,318. We now have a total of 99,874 confirmed cases that have fully recovered.<\/p><p><strong>We got our second warning this week about covid-19: Infections could double and deaths <\/strong><strong>could increase threefold if people flout safety protocols<\/strong> compared to the expected figures if people do wear masks, according to <a href=\"https:\/\/bit.ly\/2I0n7dE\">a cabinet statement<\/a>. Prime Minister Moustafa Madbouly warned <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d24beb1e-66ee-4aab-8477-e4d6a6518e74\">earlier this week<\/a> that some covid-19 restrictions could come back into effect if case numbers soar as citizens appear to have decided to ignore the pandemic\u2019s existence.<\/p><p><strong>Kids, you\u2019re staying in school \u2014 at least for now: <\/strong>Schools and universities will not close in mid-November in anticipation of the second wave of the pandemic, the education and higher education ministries <a href=\"https:\/\/bit.ly\/3jTg2IV\">said<\/a>, pouring cold water on rumors spreading across social media. Schools and universities will continue to operate as they are now with precautionary measures in place, the statement said.<\/p><p><strong>EasyJet has suspended flights to and from Egypt in response to new lockdown restrictions<\/strong> <strong>in the UK<\/strong>, which has <a href=\"https:\/\/news.sky.com\/story\/coronavirus-travel-rules-after-england-goes-into-second-lockdown-on-thursday-12120410\">banned non-business travel overseas<\/a>. According to the airline\u2019s website, from next Tuesday the airline will not operate any flights to Sharm El Sheikh and Hurghada until 5 December when the travel restrictions are expected to be lifted. The carrier <a href=\"https:\/\/enterprise.press\/stories\/2020\/10\/19\/what-were-tracking-on-19-october-2020-23424\/\">began operating a weekly flight to Sharm<\/a> in the middle of October following a four-year hiatus, and was expected to increase them in November. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7a0e87d7-f729-4e74-954a-b9f98dcd98b5\">Trips to Hurghada finally resumed<\/a> in September following the disruption caused by covid-19.<\/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>Ant Group\u2019s planned USD 37 bn IPO was suspended to protect the stability of capital<\/strong><strong> markets<\/strong>, the Chinese government said on Wednesday, according to the <a href=\"https:\/\/www.ft.com\/content\/eb0746f1-51fe-438d-886b-18bb7cc9456f\">Financial Times<\/a>. The record-breaking IPO was more than 870 times oversubscribed two days before it was set to debut. Analysts say new draft regulations introduced Monday are aimed at bringing Ant, which issues 10% of China\u2019s non-mortgage consumer loans, under stricter government control.<\/p><p><strong>Saudi Arabia is reforming its \u201ckafala\u201d sponsorship system.<\/strong> The Human Resources and Social Development Ministry\u2019s Labor Reform Initiative will allow private sector migrant workers to change jobs without the permission of their employers \u2014 but only when their contracts end \u2014 and enable them leave and re-enter the country without their employers\u2019 approval, the ministry said in <a href=\"https:\/\/twitter.com\/HRSD_SA\/status\/1323913000395427840\/photo\/1\">a statement<\/a>.<\/p><p><strong>The Dubai Financial Services Authority is ramping up its oversight of firms<\/strong> after private equity outfit Abraaj collapsed following misuse of investor funds in 2018 and Al Masah Capital <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-10-05\/dubai-buyout-firm-al-masah-liquidated-after-its-founder-banned?sref=mmeFTDW1\">was liquidated<\/a> this year after allegedly misleading investors about fees, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-11-04\/dubai-watchdog-stiffens-oversight-after-private-equity-fiascoes?sref=mmeFTDW1\">Bloomberg<\/a> reports. Peter Smith, managing director of the DFSA, said the regulator is \u201cplacing great scrutiny on the way in which firms structure themselves,\u201d but stopped short of naming specific regulatory changes.<\/p><p>Abu Dhabi sovereign wealth fund <strong>Mubadala took the lead in a USD 700 mn<\/strong> <strong>investment round<\/strong> for a SoftBank-backed <strong>tech startup Reef Technology<\/strong>, the fund announced <a href=\"https:\/\/twitter.com\/Mubadala\/status\/1323978788758343681\">on Twitter<\/a>.<\/p><p>Other international stories that should be on your radar:<\/p><ul>\n<li>The headline in the NYT says it all: <strong><a href=\"https:\/\/www.nytimes.com\/2020\/11\/04\/world\/africa\/ethiopia-abiy-tigray.html?searchResultPosition=1\">Having made peace abroad, Ethiopia\u2019s leader<\/a><\/strong><strong><a href=\"https:\/\/www.nytimes.com\/2020\/11\/04\/world\/africa\/ethiopia-abiy-tigray.html?searchResultPosition=1\">goes to war at home<\/a><\/strong>, launching yesterday \u201ca sweeping military operation against one of his own regions.\u201d<\/li>\n<li><strong>The nutter in Ankara has slapped fines on Facebook, Twitter, Youtube<\/strong>, Instagram and Tik-Tok for failing to name a local representative, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-11-04\/biggest-social-media-companies-are-fined-by-turkey-under-new-law?srnd=premium-middle-east&amp;sref=mmeFTDW1\">Bloomberg<\/a> writes.<\/li>\n<li><strong>The US has officially bailed on the Paris Agreement<\/strong>, making good on Trump\u2019s 2017 announcement of his intention to pull the country out of the 2015 climate pact that he said would hold back the US economy, <a href=\"https:\/\/www.reuters.com\/article\/us-climate-change-usa\/u-s-formally-exits-global-climate-pact-amid-election-uncertainty-idUSKBN27K0JR\">Reuters<\/a> reports. The US is the only country to have withdrawn from the agreement, though Joe Biden had promised to rejoin if elected.<\/li>\n<\/ul><hr class=\"grey-line\"><p><strong>Prospective MBA students are staying away from US universities<\/strong> amid pandemic travel restrictions, online-only classes, and harsher immigration policies, says <a href=\"https:\/\/www.wsj.com\/articles\/international-m-b-a-students-look-for-alternatives-to-u-s-11604485806?mod=hp_lead_pos5\">the Wall Street Journal<\/a>. The number of overseas students enrolling in international MBA courses offered by European and Canadian universities, has meanwhile surged, jumping 55% in the Imperial College Business School in London. By way of comparison, international representation at Wharton School\u2019s two-year MBA program fell to 19% for the class of 2022 from 30% for the class of 2021.<\/p><p class=\"web-image\"><a href=\"https:\/\/bit.ly\/2I4bDFI\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/MagicCube-Sam-and-Nancy-1600px-1.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>It\u2019s Making It Day: <\/strong>Our latest episode of the third season of our podcast on building a great business in Egypt is out today.<\/p><p><strong>Hisham Shawki and Nancy Zayed, co-founders of MagicCube: <\/strong>To call this episode\u2019s guests tech veterans would be a massive understatement. The two earned their stripes building the tech industry in Egypt \u2014 and then went on to shape how we live today with stints at Apple, Netscape and Palm.<\/p><p><strong>Bonus: They\u2019re married in real life \u2014 and share their favourite Steve Jobs stories.<\/strong><\/p><p><strong>As good as hardware, but with less hassle: <\/strong>Until recently, the fintech industry relied on hardware-based security. Zayed and Shawki built the first software-based replacement for traditional payment terminals, and through their new product <a href=\"https:\/\/www.prnewswire.com\/news-releases\/magiccube-unveils-i-accept-the-worlds-first-software-based-replacement-for-traditional-payment-terminals-supporting-tappin-for-all-four-major-card-networks-301154468.html\">i-Accept<\/a>, hope to target the USD 48 bn POS hardware market. By cutting these costs down for acquiring banks, MagicCube tech can enable a bigger segment to access the banking system, a strategy that has <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b8348798-e21e-4daf-8234-4e7f15c3a6ec\">attracted investments from global players like Visa<\/a> and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7e719a20-065b-444c-9cf3-e0befcb1f4e3\">CIB\u2019s venture capital arm CVentures<\/a>.<\/p><p><strong>There has to be another way:<\/strong> Zayed and Shawki highlight the importance of questioning the boundaries of what\u2019s technologically possible, creating a culture of constant learning and improvement, and building a team that is comfortable calling you out on a bad idea.<\/p><p><strong>Tap or click here to listen to the episode on<\/strong>: <a href=\"https:\/\/bit.ly\/2I4bDFI\">Our Website<\/a> | <a href=\"https:\/\/apple.co\/2JC5pOk\">Apple Podcasts<\/a> | <a href=\"https:\/\/bit.ly\/2I3eeju\">Google Podcasts<\/a> | <a href=\"https:\/\/bit.ly\/3jQLdEQ\">Anghami<\/a> | <a href=\"https:\/\/bit.ly\/34TUYhi\">Omny<\/a>. We\u2019re also available on <a href=\"https:\/\/spoti.fi\/318pZMZ\">Spotify<\/a>, but only for non-MENA accounts. Subscribe to Making It on your podcatcher of choice <a href=\"https:\/\/bit.ly\/35lugvb\">here<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fintech\/\">Fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/foreign-policy\/\">foreign policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hisham-shawki\/\">Hisham Shawki<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/immigration\/\">immigration<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/magiccube\/\">MagicCube<\/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\/nancy-zayed\/\">Nancy Zayed<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pandemic\/\">pandemic<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/podcast\/\">podcast<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sam-shawki\/\">Sam Shawki<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/security\/\">security<\/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=\"575984\" 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 has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n           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Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/last-nights-talk-shows-on-5-november-2020\/\">\r\n                            Last Night\u2019s Talk Shows on 5 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\/05\/last-nights-talk-shows-on-5-november-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/api.whatsapp.com\/send?text=Last+Night%E2%80%99s+Talk+Shows+on+5+November+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F05%2Flast-nights-talk-shows-on-5-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\/05\/last-nights-talk-shows-on-5-november-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575985\" class=\"content-area-description single-story post-575985 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-gerd tag-health tag-politics wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The US election continued to dominate the airwaves last night. <\/strong>Al Hayah Al Youm\u2019s Mohamed Sherdy highlighted Trump\u2019s accusations of electoral fraud <a href=\"https:\/\/www.youtube.com\/watch?v=nUzxgAVCCec\">(watch, runtime: 1:58)<\/a> while Al Masry Al Youm Chairman Abd El Moneim Saied told Yahduth Fi Misr\u2019s Sherif Amer that Joe Biden is an establishment guy with nearly 50 years of experience who stands a chance at pulling America out of its \u201ccurrent crisis\u201d in just months <a href=\"https:\/\/www.youtube.com\/watch?v=afXP1sHdBxI\">(watch,<\/a><a href=\"https:\/\/www.youtube.com\/watch?v=afXP1sHdBxI\">runtime<\/a><a href=\"https:\/\/www.youtube.com\/watch?v=afXP1sHdBxI\">: 1:58)<\/a>. Then there was some highly questionable analysis, with journalist Akram Alfy telling Kelma Akhira\u2019s Lamees El Hadidi that Florida could decide the winner <a href=\"https:\/\/www.youtube.com\/watch?v=ZbSzWs5MG8A\">(watch, runtime: 46: 24)<\/a>.<\/p>\n<p><strong>Moussa gave us his two cents on the breakdown of the GERD talks yesterday<\/strong>, claiming that Ethiopia was stalling until the result of the US election become clear <a href=\"https:\/\/www.youtube.com\/watch?v=GSY-5f8pvJw\">(watch, runtime: 1:26)<\/a>. We have more on this in this morning\u2019s Diplo + Foreign Trade, below.<\/p>\n<p><strong>Education Ministry blocks tuition fee hikes: <\/strong>Sherdy covered the Education Ministry\u2019s decision to stop the annual increase in tuition fees charged by private and international schools during the 2020\/2021 academic year due to the increasing economic hardship caused by the pandemic <a href=\"https:\/\/www.youtube.com\/watch?v=2ArhT836aUY\">(watch, runtime: 3:32)<\/a>. Sherdy noted that the Madbouly government has poured cold water on rumors that it was considering closing schools and universities in the event of a second wave <a href=\"https:\/\/www.youtube.com\/watch?v=HNiarbjRB_k\">(watch, runtime: 1:55)<\/a>. Masaa DMC\u2019s Ramy Radwan also had the story <a href=\"https:\/\/www.youtube.com\/watch?v=QCYfkCLD5h4\">(watch, runtime: 1:00<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=ghQw5bKW8L4\">1:44)<\/a>.<\/p>\n<p><strong>The EDA heads wants to reassure us over a potential second wave of covid-19:<\/strong> Masaa DMC\u2019s Ramy Radwan phoned Ali Al Ghamrawi, the spokesperson of the Egyptian Drug Authority, who said the country will not suffer shortages of medicine in the event of a rise in covid-19 cases. The authority keeps tabs on the supply of medicines, allowing it to act in case of a shortage, he said <a href=\"https:\/\/www.youtube.com\/watch?v=Hrm3hv6lvIU&t=247s\">(watch, runtime: 7:30)<\/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\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"575986\" 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=\"575986\">\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\/05\/egypt-moves-closer-to-first-sovereign-sukuk-sale-as-cabinet-approves-draft-law\/\">\r\n                            Egypt moves closer to first sovereign sukuk sale as cabinet approves draft law                        <\/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\/05\/egypt-moves-closer-to-first-sovereign-sukuk-sale-as-cabinet-approves-draft-law\/\" 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\/05\/egypt-moves-closer-to-first-sovereign-sukuk-sale-as-cabinet-approves-draft-law\/')\">\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\/05\/egypt-moves-closer-to-first-sovereign-sukuk-sale-as-cabinet-approves-draft-law\/\">\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 moves closer to first sovereign sukuk sale as cabinet approves draft law&url=https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/egypt-moves-closer-to-first-sovereign-sukuk-sale-as-cabinet-approves-draft-law\/\">\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\/05\/egypt-moves-closer-to-first-sovereign-sukuk-sale-as-cabinet-approves-draft-law\/&title=Egypt moves closer to first sovereign sukuk sale as cabinet approves draft law\">\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+moves+closer+to+first+sovereign+sukuk+sale+as+cabinet+approves+draft+law+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F05%2Fegypt-moves-closer-to-first-sovereign-sukuk-sale-as-cabinet-approves-draft-law%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\/05\/egypt-moves-closer-to-first-sovereign-sukuk-sale-as-cabinet-approves-draft-law\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/69.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"575987\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/egypt-moves-closer-to-first-sovereign-sukuk-sale-as-cabinet-approves-draft-law\/69-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/69.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"69.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/69.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/69.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575986\" class=\"content-area-description single-story post-575986 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-debt-watch tag-energy tag-enterpriseam tag-islamic-finance tag-legislation tag-oil-and-gas tag-regulation tag-speed-round tag-sukuk wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-02\" class=\"content-anchor\"><\/a> <strong>CABINET WATCH- We\u2019re one step closer to our first-ever sovereign sukuk <\/strong><strong>issuance <\/strong>after the Madbouly Cabinet <a href=\"https:\/\/bit.ly\/3mRru9L\">yesterday approved<\/a> a bill authorizing sukuk sales. The executive regulations for the bill are expected to be issued within three months of it being ratified by the president. <a href=\"https:\/\/fr.reuters.com\/article\/idUSKBN27K15R\">Reuters<\/a> took note of the bill winning cabinet signoff<\/p>\n<p><strong>The government will take the securities to market as soon as the bill is ratified<\/strong>, Finance Minister Mohamed Maait said in <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Media\/Pages\/release4-11-2020.aspx\">a statement<\/a> following the meeting. The size of the country\u2019s inaugural sale is still unclear.<\/p>\n<p><strong>The bill defines the different types of sukuk<\/strong>, which includes the basic <a href=\"https:\/\/islamicmarkets.com\/education\/sukuk-al-ijara\">ijara<\/a> and <a href=\"https:\/\/uk.practicallaw.thomsonreuters.com\/3-501-0653?transitionType=Default&contextData=(sc.Default)&firstPage=true\">mudaraba<\/a>, which set up a partnership between the government and a special purpose vehicle (SPV) that manages state-owned assets; <a href=\"https:\/\/islamicmarkets.com\/education\/sukuk-al-istisna\">istisna sukuk<\/a>, whose proceeds are specifically allocated to industrial and infrastructure projects; and <a href=\"https:\/\/islamicmarkets.com\/education\/sukuk-al-murabaha\">murabaha<\/a> sukuk that involve a sale of an asset or commodities under spot contracts. The Finance Ministry would be able to issue both EGP- and foreign currency-denominated securities.<\/p>\n<p><strong>The bill also governs how the debt is securitized and traded, as well as the rights and responsibilities of sukuk holders<\/strong> and SPVs that execute and manage sukuk sales. Other elements involve establishing a regulatory oversight committee, clarifying how disputes between the government and sukuk holders would be handled, and setting up an association to protect the rights of investors, the statement said without going into further details.<\/p>\n<p><strong>The anticipated sukuk issuance comes as part of a plan to <\/strong><strong><a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/10\/finance-ministry-drafts-more-realistic-comprehensive-debt-strategy-raises-egypts-public-debt-targets\/\">diversify its sources of funding<\/a><\/strong> and lengthen the average maturity of its debt. Green bonds are also part of the plan: Egypt became the first country in the region to sell the climate-friendly securities when it completed a USD 750 mn issuance in September.<\/p>\n<p><strong>Also from the cabinet meeting: <\/strong><\/p>\n<p><strong>T<\/strong><strong>hree bills<\/strong><strong> that authorize the Oil Ministry to sign oil exploration contracts <\/strong>earned cabinet signoff. IEOC, Eni\u2019s joint venture with the EGPC, and Russian firm <a href=\"http:\/\/lukoil\">Lukoi<\/a><a href=\"http:\/\/lukoil\">l<\/a> will explore and develop the Meleiha concession in the Western Desert, while a second contract will see EGPC collaborate with BP in the Gulf of Suez. The third agreement brings together state-owned South Valley Egyptian Petroleum Holding Company (Ganope) and <a href=\"http:\/\/www.nspo.com.eg\/nspo\/ar\/petrol\/index.html\">Enpedco<\/a>, a company majority-owned by the military\u2019s National Service Projects Organization, to explore a region in the Eastern Desert.<\/p>\n<p><strong>An agreement between the National Authority for Tunnels and Chinese consortium AVIC-CREC was approved<\/strong>, allowing the companies to begin implementation of phase two and three of the electric train project. Phase one of the project stretches a <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/14\/china-egypt-sign-usd-571-mn-in-contracts-for-electric-train-project\/\">70-km line<\/a> between Al-Salam City, the New Administrative Capital, and Tenth of Ramadan City, and is expected to be completed in two years and serve some 350k passengers per day.<\/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\/debt-watch\/\">debt watch<\/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\/islamic-finance\/\">Islamic finance<\/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\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sukuk\/\">sukuk<\/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=\"575995\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"575996\" 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=\"575996\">\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\/05\/egypt-in-the-news-on-5-november-2020\/\">\r\n                            Egypt in the News on 5 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\/05\/egypt-in-the-news-on-5-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\/05\/egypt-in-the-news-on-5-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\/05\/egypt-in-the-news-on-5-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 5 November 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/egypt-in-the-news-on-5-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\/05\/egypt-in-the-news-on-5-november-2020\/&title=Egypt in the News on 5 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+5+November+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F05%2Fegypt-in-the-news-on-5-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\/05\/egypt-in-the-news-on-5-november-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575996\" class=\"content-area-description single-story post-575996 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-amnesty-international tag-egypt-in-the-news tag-enterpriseam tag-human-rights tag-sudan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The eyes of the foreign press are firmly trained across the Atlantic this morning.<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.theguardian.com\/film\/2020\/nov\/04\/luxor-review-sparse-character-study-egypt-ancient-glory-andrea-riseborough\">The Guardian<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/www.ft.com\/content\/5bda03f1-178f-470c-ae68-92715e8dc4b5\">the Financial Times<\/a><\/strong><strong> are giving high praise to a new feature film <\/strong><strong>set in, and titled, Luxor<\/strong>. Helmed by the British director Zeina Durra, the film tells the story of a British aid worker facing past traumas while revisiting Luxor, a city she used to live in 20 years ago. It is set for digital release on 6 November.<\/p>\n<p><strong><a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2020\/11\/egypt-protests-by-sudanese-migrants-and-refugees-over-brutal-killing-of-a-child-met-with-violence-and-arrests\/\">Amnesty International<\/a><\/strong><strong> issued a statement calling for the release of Sudanese<\/strong><strong> refugees and migrants<\/strong> detained after protesting the alleged killing of a 12-year-old Sudanese child by an Egyptian man.<\/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\/amnesty-international\/\">Amnesty International<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/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=\"575997\" 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=\"575997\">\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 reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/covid-has-fast-tracked-sweden-into-cashlessness-and-lawmakers-are-struggling-to-manage-risks\/\">\r\n                            Covid has fast tracked Sweden into cashlessness and lawmakers are struggling to manage risks                        <\/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\/05\/covid-has-fast-tracked-sweden-into-cashlessness-and-lawmakers-are-struggling-to-manage-risks\/\" 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\/05\/covid-has-fast-tracked-sweden-into-cashlessness-and-lawmakers-are-struggling-to-manage-risks\/')\">\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\/05\/covid-has-fast-tracked-sweden-into-cashlessness-and-lawmakers-are-struggling-to-manage-risks\/\">\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=Covid has fast tracked Sweden into cashlessness and lawmakers are struggling to manage risks&url=https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/covid-has-fast-tracked-sweden-into-cashlessness-and-lawmakers-are-struggling-to-manage-risks\/\">\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\/05\/covid-has-fast-tracked-sweden-into-cashlessness-and-lawmakers-are-struggling-to-manage-risks\/&title=Covid has fast tracked Sweden into cashlessness and lawmakers are struggling to manage risks\">\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=Covid+has+fast+tracked+Sweden+into+cashlessness+and+lawmakers+are+struggling+to+manage+risks+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F05%2Fcovid-has-fast-tracked-sweden-into-cashlessness-and-lawmakers-are-struggling-to-manage-risks%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\/05\/covid-has-fast-tracked-sweden-into-cashlessness-and-lawmakers-are-struggling-to-manage-risks\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/70.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"575998\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/covid-has-fast-tracked-sweden-into-cashlessness-and-lawmakers-are-struggling-to-manage-risks\/70-jpg-15\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/70.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"70.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/70.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/70.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575997\" class=\"content-area-description single-story post-575997 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-cyberattacks tag-digital-currency tag-enterpriseam tag-riksbank tag-sweden tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Sweden is going cashless \u2014 whether their central bank is ready or not:<\/strong> In a country where even children\u2019s pocket money is digital, the hidden risks of going completely cashless are at the forefront of lawmakers\u2019 minds. Digital networks failing or cyberattacks could lead to serious problems in the country\u2019s monetary system, meaning that enough physical cash must be printed as a failsafe, Riksbank Governor Stefan Ingves told <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-09-12\/sweden-s-cashless-future-reveals-a-whole-world-of-hidden-risks\">Bloomberg<\/a>. The pandemic has only quickened the move to digital transactions and Sweden\u2019s central bank is now studying ways to stay relevant while ensuring citizens have access to real money.<\/p>\n<p><strong>This might necessitate a new definition of legal tender<\/strong> and require banks and businesses \u201cto maintain some form of a minimum capacity\u201d to handle physical banknotes, Ingves said. The country has been forced to fast track the development and introduction of an electronic currency, the e-krona, amid the changing habits.<\/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\/cyberattacks\/\">cyberattacks<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/digital-currency\/\">Digital currency<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/riksbank\/\">Riksbank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sweden\/\">Sweden<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/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=\"575999\" 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=\"575999\">\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\/05\/diplomacy-foreign-trade-on-5-november-2020\/\">\r\n                            Diplomacy + Foreign Trade on 5 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\/05\/diplomacy-foreign-trade-on-5-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\/05\/diplomacy-foreign-trade-on-5-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\/05\/diplomacy-foreign-trade-on-5-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 5 November 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/diplomacy-foreign-trade-on-5-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\/05\/diplomacy-foreign-trade-on-5-november-2020\/&title=Diplomacy + Foreign Trade on 5 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+5+November+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F05%2Fdiplomacy-foreign-trade-on-5-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\/05\/diplomacy-foreign-trade-on-5-november-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-575999\" class=\"content-area-description single-story post-575999 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-african-union tag-diplomacy-foreign-trade tag-eastern-mediterranean tag-eastern-mediterranean-gas-forum tag-enterpriseam tag-ethiopia tag-gerd tag-investment-watch tag-israel tag-palestine tag-saudi-arabia tag-sudan 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-07\"><\/a> <strong>Topping diplomatic coverage this morning: GERD negotiators can\u2019t even agree on <\/strong><strong>how to continue negotiations.<\/strong> The Egyptian, Ethiopian and Sudanese irrigation ministers were unable to reach an agreement on how to proceed with negotiations over the Grand Ethiopian Renaissance Dam following a week of talks, the three countries announced in separate statements <a href=\"https:\/\/bit.ly\/3kZ0Uv0\">here<\/a>, <a href=\"https:\/\/bit.ly\/3epmTZD\">here<\/a> and <a href=\"https:\/\/bit.ly\/3kXwObn\">here<\/a>. The talks \u201cfailed to make any tangible progress ... in agreeing on the role to be played by African Union experts in the negotiations, as well as the mechanism for negotiations and their timeline,\u201d the Sudanese Irrigation Ministry said. According to the statement, Sudan and Ethiopia agreed to grant AU experts a bigger role going forward, but Egypt vetoed the suggestion, preferring that the talks continue in their current format.<\/p>\n<p><strong>Each country will now submit a report detailing their position to the AU chairperson<\/strong> and South African International Cooperation Ministry, which will advise on how the AU-brokered talks should proceed. After being <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/132c79c2-16ce-4d16-a179-ede15e989031\">on hold since August<\/a>, negotiations resumed last month, days after Ethiopia slammed US <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/54f913b4-71e9-4854-9baa-0ded8209bf74\">President Donald Trump\u2019s suggestion<\/a> that Egypt may resort to military force if an agreement is not reached.<\/p>\n<p><strong>Egypt and Palestine may look to formally demarcate their maritime borders in the <\/strong><strong>coming months<\/strong> as the Palestinian Authority puts together a team of experts to negotiate the issue, <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2020\/11\/palestine-egypt-negotiations-maritime-border-demarcation.html\">Al Monitor<\/a> reports, citing an unnamed official at the Palestinian Foreign Ministry. Palestine demarcating its maritime borders is becoming a more pressing need as Israel \u201ccontinues to steal Palestinian natural resources,\u201d the source says. Palestine is one of the founding members of the East Mediterranean Gas Forum, signing its charter <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/01a49990-c0a6-474a-9234-976ca6dc30c3\">back in September<\/a> alongside Egypt, Israel, Italy, Jordan, and Greece.<\/p>\n<p>In other diplomatic news worth highlighting:<\/p>\n<ul>\n<li><strong>The Egyptian Chinese Joint Investment Company is looking for small and <\/strong><strong>medium-sized manufacturers <\/strong>who might want a piece of a 600k sqm manufacturing zone it is setting up in Ain Sokhna after signing a MOU with the Suez Canal Authority, the <a href=\"https:\/\/bit.ly\/38aWqxR\">local press<\/a> reports.<\/li>\n<li><strong>Abu Dhabi Crown Prince Mohamed Bin Zayed and President Abdel Fattah El Sisi<\/strong> discussed regional issues in a phone call Wednesday, <a href=\"https:\/\/www.wam.ae\/ar\/details\/1395302883628\">Emirates News Agency<\/a> reports, without giving any details.<\/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\/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\/eastern-mediterranean\/\">Eastern Mediterranean<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/palestine\/\">Palestine<\/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\/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=\"576000\" 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=\"576000\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/telecom-egypt-to-provide-st-helena-island-with-first-fibre-optic-internet-cable\/\">\r\n                            Telecom Egypt to provide St. Helena island with first fibre optic internet cable                        <\/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\/05\/telecom-egypt-to-provide-st-helena-island-with-first-fibre-optic-internet-cable\/\" 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\/05\/telecom-egypt-to-provide-st-helena-island-with-first-fibre-optic-internet-cable\/')\">\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\/05\/telecom-egypt-to-provide-st-helena-island-with-first-fibre-optic-internet-cable\/\">\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=Telecom Egypt to provide St. Helena island with first fibre optic internet cable&url=https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/telecom-egypt-to-provide-st-helena-island-with-first-fibre-optic-internet-cable\/\">\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\/05\/telecom-egypt-to-provide-st-helena-island-with-first-fibre-optic-internet-cable\/&title=Telecom Egypt to provide St. Helena island with first fibre optic internet cable\">\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=Telecom+Egypt+to+provide+St.+Helena+island+with+first+fibre+optic+internet+cable+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F05%2Ftelecom-egypt-to-provide-st-helena-island-with-first-fibre-optic-internet-cable%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\/05\/telecom-egypt-to-provide-st-helena-island-with-first-fibre-optic-internet-cable\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-576000\" class=\"content-area-description single-story post-576000 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecom-egypt tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Telecom Egypt will provide the first submarine fibre optic cable connection to the British overseas territory of St. Helena, providing 6k inhabitants of the island with high speed internet by 2022, <a href=\"https:\/\/www.developingtelecoms.com\/telecom-technology\/optical-fixed-networks\/10230-telecom-egypt-to-connect-st-helena-to-south-africa.html\">Developing Telecoms<\/a> reports.<\/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\/telecom-egypt\/\">Telecom Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"576001\" 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=\"576001\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/land-in-first-phase-of-egypts-new-administrative-capital-to-be-sold-by-2022\/\">\r\n                            Land in first phase of Egypt\u2019s new administrative capital to be sold by 2022                        <\/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\/05\/land-in-first-phase-of-egypts-new-administrative-capital-to-be-sold-by-2022\/\" 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\/05\/land-in-first-phase-of-egypts-new-administrative-capital-to-be-sold-by-2022\/')\">\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\/05\/land-in-first-phase-of-egypts-new-administrative-capital-to-be-sold-by-2022\/\">\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=Land in first phase of Egypt\u2019s new administrative capital to be sold by 2022&url=https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/land-in-first-phase-of-egypts-new-administrative-capital-to-be-sold-by-2022\/\">\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\/05\/land-in-first-phase-of-egypts-new-administrative-capital-to-be-sold-by-2022\/&title=Land in first phase of Egypt\u2019s new administrative capital to be sold by 2022\">\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=Land+in+first+phase+of+Egypt%E2%80%99s+new+administrative+capital+to+be+sold+by+2022+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F05%2Fland-in-first-phase-of-egypts-new-administrative-capital-to-be-sold-by-2022%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\/05\/land-in-first-phase-of-egypts-new-administrative-capital-to-be-sold-by-2022\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-576001\" class=\"content-area-description single-story post-576001 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-new-administrative-capital tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The New Administrative Capital Company for Urban Development (NACCUD) is planning to sell the remaining 25% of land in the first phase of the new capital to developers by 2022, company spokesperson Khaled Al Husseini told <a href=\"https:\/\/bit.ly\/38boQaL\">Al Shorouk<\/a>. NACCUD has so far concluded 196 contracts for schools, universities, sports clubs, banks, multi-purpose developments, and company headquarters. The company is expected to begin delivering facilities by 2023.<\/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\/new-administrative-capital\/\">new administrative capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"576003\" 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=\"576003\">\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\/11\/05\/banque-misr-could-provide-egp-6-6-bn-in-sharia-compliant-loans-to-seven-real-estate-developers\/\">\r\n                            Banque Misr could provide EGP 6.6 bn in sharia compliant loans to seven real estate developers                        <\/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\/05\/banque-misr-could-provide-egp-6-6-bn-in-sharia-compliant-loans-to-seven-real-estate-developers\/\" 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\/05\/banque-misr-could-provide-egp-6-6-bn-in-sharia-compliant-loans-to-seven-real-estate-developers\/')\">\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\/05\/banque-misr-could-provide-egp-6-6-bn-in-sharia-compliant-loans-to-seven-real-estate-developers\/\">\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=Banque Misr could provide EGP 6.6 bn in sharia compliant loans to seven real estate developers&url=https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/banque-misr-could-provide-egp-6-6-bn-in-sharia-compliant-loans-to-seven-real-estate-developers\/\">\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\/05\/banque-misr-could-provide-egp-6-6-bn-in-sharia-compliant-loans-to-seven-real-estate-developers\/&title=Banque Misr could provide EGP 6.6 bn in sharia compliant loans to seven real estate developers\">\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=Banque+Misr+could+provide+EGP+6.6+bn+in+sharia+compliant+loans+to+seven+real+estate+developers+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F05%2Fbanque-misr-could-provide-egp-6-6-bn-in-sharia-compliant-loans-to-seven-real-estate-developers%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\/05\/banque-misr-could-provide-egp-6-6-bn-in-sharia-compliant-loans-to-seven-real-estate-developers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-576003\" class=\"content-area-description single-story post-576003 post type-post status-publish format-standard hentry category-banking-finance tag-amer-group tag-banking-finance tag-banque-misr tag-enterpriseam tag-islamic-finance tag-real-estate wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Banque Misr could provide EGP 6.6 bn in sharia-compliant loans to seven real estate developers, <a href=\"https:\/\/bit.ly\/3enPFtD\">Al Shorouk<\/a> reports, citing unnamed banking sources. The loans include EGP 1 bn for Badr El Din Real Estate Investment to develop residential housing in New Cairo, Sheikh Zayed and the North Coast, and another EGP 400 mn facility for an unnamed Amer Group subsidiary.<\/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\/amer-group\/\">Amer Group<\/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\/banque-misr\/\">Banque Misr<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/islamic-finance\/\">Islamic finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"576004\" 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=\"576004\">\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\">MY WFH ROUTINE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/my-wfh-routine-hayat-khattab-president-of-the-egyptian-paralympic-committee\/\">\r\n                            My WFH Routine: Hayat Khattab, president of the Egyptian Paralympic Committee                        <\/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\/05\/my-wfh-routine-hayat-khattab-president-of-the-egyptian-paralympic-committee\/\" 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\/05\/my-wfh-routine-hayat-khattab-president-of-the-egyptian-paralympic-committee\/')\">\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\/05\/my-wfh-routine-hayat-khattab-president-of-the-egyptian-paralympic-committee\/\">\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=My WFH Routine: Hayat Khattab, president of the Egyptian Paralympic Committee&url=https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/my-wfh-routine-hayat-khattab-president-of-the-egyptian-paralympic-committee\/\">\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\/05\/my-wfh-routine-hayat-khattab-president-of-the-egyptian-paralympic-committee\/&title=My WFH Routine: Hayat Khattab, president of the Egyptian Paralympic Committee\">\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=My+WFH+Routine%3A+Hayat+Khattab%2C+president+of+the+Egyptian+Paralympic+Committee+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F11%2F05%2Fmy-wfh-routine-hayat-khattab-president-of-the-egyptian-paralympic-committee%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\/05\/my-wfh-routine-hayat-khattab-president-of-the-egyptian-paralympic-committee\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/71.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"576005\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/my-wfh-routine-hayat-khattab-president-of-the-egyptian-paralympic-committee\/71-jpg-23\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/71.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"71.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/71.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/71.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-576004\" class=\"content-area-description single-story post-576004 post type-post status-publish format-standard has-post-thumbnail hentry category-my-wfh-routine tag-enterpriseam tag-my-morning-routine 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-08\"><\/a> <strong>Hayat Khattab, president of the Egyptian Paralympic Committee:<\/strong> Each week, my Morning \/ WFH Routine looks at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is Hayat Khattab, president of the Egyptian Paralympic Committee.<\/p>\n<p><strong>My name is Hayat Khattab, and I\u2019m the president of the Egyptian Paralympic Committee<\/strong>, the head of ParaVolley Africa, and a board member of the <a href=\"http:\/\/www.worldparavolley.org\/\">World ParaVolley Organization<\/a>. I\u2019m also a part-time instructor at AUC\u2019s school of continuing education and an assistant professor at Misr International University (MIU), where I teach business management and business administration.<\/p>\n<p><strong>The Egyptian Paralympic Committee consists of three subcommittees <\/strong>that oversee competition, which can broadly be categorized into powerlifting, athletics, and swimming. Our paralympic federations draw from athletes with intellectual disabilities, visual impairments, and cerebral palsy. Athletes also compete in badminton, table tennis, triathlons, cycling, archery, taekwondo, and wheelchair tennis. We\u2019re in charge of getting teams ready to head to both regional and international competitions. Right now our focus is on keeping our 60-athlete delegation fit and motivated for the delayed <a href=\"https:\/\/www.paralympic.org\/news\/tokyo-2020-paralympics-set-august-2021\">Tokyo 2021 Paralympic Games<\/a>.<\/p>\n<p><strong>Together with my board we set the strategy for Egypt\u2019s delegation: <\/strong>While each localized federation designs their own strategy they have to consult with us before they\u2019re ready to travel for competitions. We supervise athlete selection, training and oversee finances associated with these competitive sporting events.<\/p>\n<p><strong>Our finances are covered by a grant from the government and four sponsors<\/strong> who really help us support players and give them the chance to advance in their sport. Managing the budget has been challenging this year after the Tokyo 2020 games were pushed back. Now we\u2019re suddenly faced with an extra year on our calendars that was unaccounted for when we reached funding agreements with our partners. The lockdown period was very difficult for everyone, so we felt that it wasn\u2019t the right time to be asking for more financial support. With things more or less going back to normal, there\u2019s more room to discuss increasing our budget over the coming period.<\/p>\n<p>(<strong>Want to support the awesome people at the Paralympic Committee? <\/strong>Drop us an email on editorial@enterprise.press and we\u2019ll put you in touch \u2014 and shower you with love in a future issue of Enterprise.)<\/p>\n<p><strong>Our offices are fully operational right now.<\/strong> In April, our entire committee was WFH but by May we had put a rotation system in place to reduce the amount of in person contact at our office. During the lockdown period I was remotely keeping up with our international partners through online meetings and constantly following up on the covid situation.<\/p>\n<p><strong>Athletes and coaches were asked to stay at home up until mid-September: <\/strong>Coaches were quickly asked to move fitness courses online while our medical committee was keeping up with the athletes on how to take extra precautions. By September we started phasing back in-person training after testing all our athletes, trainers and support staff at the stadium. We only had one case turn up positive, who stayed home for two weeks until they got better and showed a negative test.<\/p>\n<p><strong>I wake up at dawn to say my prayers and go back to sleep for a few more hours before I get up at 9:30 am to start my day<\/strong>. After getting some errands done around the house I head to the Paralympic Committee office at the Cairo Stadium starting 1:00 pm where I stay until about 5:00 pm. I usually have an essential board meeting every week with our eight member board of directors and another with my executive director where we set goals for the upcoming week. I check more emails from home at around 6:00 pm where I\u2019m also following up with some revisions of my students\u2019 work and communicating with them on any issues they may be having with their end of year projects these days.<\/p>\n<p><strong>My weekends are usually spent with family.<\/strong> I have two daughters and five grandkids who I enjoy spending my time with when I\u2019m not working. I occasionally like to drop in on some Saturday training at the Cairo Stadium to check in on the athletes. Otherwise, I\u2019ve been watching this very interesting series on Netflix called <a href=\"https:\/\/www.netflix.com\/eg-en\/title\/70281312\">The Blacklist<\/a> which I'm enjoying very much. I\u2019m also reading <a href=\"https:\/\/www.amazon.fr\/roman-dH%C3%A9liopolis-Am%C3%A9lie-d-Arschot\/dp\/2390000495\">Le Roman d\u2019Heliopolis<\/a>, a book written by Amelie d\u2019Arschot \u2014 Baron Empain\u2019s granddaughter.<\/p>\n<p><strong>Being a woman leading a board of men is a great challenge.<\/strong> Society still doesn't accept this idea very much, but I\u2019ve been using the emotional intelligence I teach my students about to overcome this challenge and have them really come to terms with my leadership.<\/p>\n<p><strong>I hope more media attention is given in the future to paralympic games<\/strong>, beyond the results of the Tokyo 2021. This period has been a challenge for everyone but I\u2019m very proud of the athletes for getting through it in good spirits and following safety protocols.<\/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\/my-morning-routine\/\">MY MORNING ROUTINE<\/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=\"576006\" 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=\"576006\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/the-market-yesterday-202\/\">\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\/05\/the-market-yesterday-202\/\" 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\/05\/the-market-yesterday-202\/')\">\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\/05\/the-market-yesterday-202\/\">\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\/05\/the-market-yesterday-202\/\">\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\/05\/the-market-yesterday-202\/&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%2F05%2Fthe-market-yesterday-202%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\/05\/the-market-yesterday-202\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-576006\" class=\"content-area-description single-story post-576006 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 15.66 | Sell 15.76<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.66 | Sell 15.76<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.65 | Sell 15.75<\/p>\n<p><strong>EGX30<\/strong> (Wednesday): 10,557 (+0.4%)<br \/>\n <strong>Turnover:<\/strong> EGP 810 mn (28% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -24.4%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session up 0.4%. CIB, the index\u2019s heaviest constituent, ended up 0.2%. EGX30\u2019s top performing constituents were GB Auto up 4.6%, Telecom Egypt up 2.4%, and Beltone Financial Holding up 2.1%. Yesterday\u2019s worst performing stocks were Credit Agricole down 1.9%, Export Development Bank down 1.6% and Egypt Kuwait Holding down 0.7%. The market turnover was EGP 810 mn, and foreign investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net short | EGP -73.3 mn<br \/>\n <strong>Regional<\/strong>: Net long | EGP +5.2 mn<br \/>\n <strong>Domestic<\/strong>: Net long | EGP +68.0 mn<\/p>\n<p><strong>Retail<\/strong>: 74.1% of total trades | 73.9% of buyers | 74.3% of sellers<br \/>\n <strong>Institutions<\/strong>: 25.9% of total trades | 26.1% of buyers | 25.7% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 38.86 (-0.74%)<br \/>\n <strong>Brent:<\/strong> USD 41.23 (+3.83%)<\/p>\n<p><strong>Natural Gas:<\/strong> (Nymex, futures prices) USD 3.08 MMBtu, (+0.93%, December 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,906.20 \/ troy ounce (+0.53%)<\/p>\n<p><strong>TASI:<\/strong> 8,088 (+1.13%) (YTD: -3.58%)<br \/>\n <strong>ADX:<\/strong> 4,689 (+0.87%) (YTD: -7.60%)<br \/>\n <strong>DFM:<\/strong> 2,153 (+0.65%) (YTD: -22.11%)<br \/>\n <strong>KSE Premier Market:<\/strong> 6,034 (-0.13%)<br \/>\n <strong>QE:<\/strong> 9,726 (+0.27%) (YTD: -6.70%)<br \/>\n <strong>MSM:<\/strong> 3,535 (-0.06%) (YTD: -11.18%)<br \/>\n <strong>BB: <\/strong>1,441 (+0.33%) (YTD: -10.50%)<\/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=\"576007\" 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\/05\/576007\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-576007\" class=\"content-area-description single-story post-576007 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>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>7-9 November (Saturday-Monday): Egyptian marketing firm IMFND is holding their virtual <a href=\"https:\/\/e-commerce-summit.imfnd.com\/\">Digital Commerce Connect Summit<\/a><\/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>16 November (Monday): Postponed trial of alleged abuser Ahmed Bassam Zaki, after <a href=\"https:\/\/bit.ly\/3kYY7ll\">he failed to attend<\/a> the previous court date<\/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>21 November (Saturday): Deadline to install electronic vehicle stickers<\/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 December: Former Civil Aviation Minister Ahmed Shafik faces <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2078662\">trial<\/a> over embezzlement allegations.<\/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 December (Tuesday): House of Representatives reconvenes from recess.<\/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&uuml;rgenstock, 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":575982,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-575981","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"24d0926b-2b6f-4260-a50a-ef559da47221","teaser":"","photo_url":"https:\/\/ent.news\/2020\/11\/66.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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