{"id":592137,"date":"2019-12-29T05:03:55","date_gmt":"2019-12-29T05:03:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=592137"},"modified":"2025-12-16T16:55:41","modified_gmt":"2025-12-16T16:55:41","slug":"what-everyone-is-paying-into-the-new-pension-fund-and-when","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/what-everyone-is-paying-into-the-new-pension-fund-and-when\/","title":{"rendered":"What everyone is paying into the new pension fund \u2014 and when"},"content":{"rendered":"<section id=\"592139\" 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=\"592139\">\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\/2019\/12\/29\/what-were-tracking-on-29-december-2019\/\">\r\n                            What we\u2019re tracking on 29 December 2019                        <\/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\/2019\/12\/29\/what-were-tracking-on-29-december-2019\/\" 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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Rumor has it that prices <a href=\"https:\/\/almalnews.com\/%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D8%AA-%D8%A8%D8%AA%D8%AB%D8%A8%D9%8A%D8%AA-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D8%A8%D9%86%D8%B2%D9%8A%D9%86-%D9%85%D8%B7%D9%84%D8%B9-%D8%A7%D9%84%D8%B9%D8%A7\/\">could remain unchanged<\/a> at the meeting as Brent futures, which hovered above the USD 60 \/ bbl mark for the better part of 4Q2019, have largely been in line with government expectations. The new pricing mechanism, which allows local fuel prices to fluctuate \u00b110% in tandem with global prices, took hold earlier this year.<\/p><p><strong>There\u2019s nothing to report on the interest rate front <\/strong>after the Central Bank of Egypt <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/12\/%D8%AA%D8%B9%D8%AF%D9%8A%D9%84-%D9%85%D9%88%D8%B9%D8%AF-%D8%A7%D9%86%D8%B9%D9%82%D8%A7%D8%AF-%D9%84%D8%AC%D9%86%D8%A9-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B3%D8%A9-%D8%A7%D9%84%D9%86%D9%82%D8%AF%D9%8A%D8%A9-%D9%84%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%89-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%89.pdf\">postponed<\/a> to 16 January the meeting of the Monetary Policy Committee originally scheduled for Thursday, as we reported last week. <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/22\/enterprise-poll-central-bank-of-egypt-to-keep-rates-on-hold-in-final-meeting-of-2019-8827\/\">Seven of the 10 economists we surveyed<\/a> before the meeting was post expected the rates to be left on hold.<\/p><p>We expect to hear as early as this week about the <strong>roles and responsibilities of the reconstituted Ministry of Information<\/strong>.<\/p><p><strong>Egypt set to reopen restored Alexandria synagogue in January:<\/strong> The restoration works for the 168-year-old Eliyahu Hanavi synagogue in Alexandria have been completed, and the temple will officially open its doors in January 2020, <a href=\"https:\/\/www.facebook.com\/moantiquities\/posts\/2728149537230679?__tn__=K-R\">the Tourism and Antiquities Ministry said in a statement<\/a>. Egypt had <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/09\/egypt-approves-usd-22-mn-plan-to-restore-alexandria-synagogue\/\">earmarked USD 22 mn<\/a> to restore the synagogue and has since <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/07\/antiquities-minister-in-talks-with-alexandrias-jewish-community-to-re-open-historic-synagogue\/\">been in talks<\/a> with representatives of Egypt\u2019s Jewish community to re-open it.<\/p><p><strong>Wednesday is New Year\u2019s Day. <\/strong>We hope you\u2019re spending it with family and friends.<\/p><hr class=\"grey-line\"><div class=\"stand-out\">\n<p><strong>*** Tell us what you think will happen in 2020 and maybe we\u2019ll send you an Enterprise <\/strong><strong>mug and our very own coffee<\/strong>, sourced from our friends at <a href=\"http:\/\/www.30north.coffee\">30 North<\/a>. Every year we ask you, our readers, to weigh in on what you expect for the year ahead: Are you investing? Do you plan to hire new staff in 2020? How do you think the EGP will perform? What\u2019s your take on interest rates? Tell us, and we\u2019ll share the results with the entire community in early January to help you shape your view of the year. The survey is quick, we promise.<\/p>\n<p><strong><a href=\"https:\/\/www.surveymonkey.com\/r\/R32N7VR\">You can take the Enterprise Reader Poll here<\/a><\/strong><strong>.<\/strong><\/p>\n<\/div><hr class=\"grey-line\"><p><strong>Israeli Prime Minister Benjamin Netanyahu has been re-elected as the leader of Likud<\/strong>, beating former cabinet minister, Gideon Saar, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-12-26\/israel-s-netanyahu-wins-likud-leadership-as-national-vote-looms?srnd=premium-middle-east\">according to Bloomberg<\/a>. Final results from Thursday\u2019s vote showed Netanyahu re-elected with 72.5% of the votes against Saar\u2019s 27.5%, and the PM will lead the party into Israel\u2019s third election in less than a year on 2 March, which is predicted to also end in a stalemate.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/712.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><a id=\"tldr-story-06\" class=\"content-anchor\"><\/a> <strong>What can emerging market investors expect from 2020?<\/strong> It\u2019s still not clear whether the year will bring a global recession, but EM currencies seem to be well positioned if it does, writes Henry Curr in <a href=\"https:\/\/theworldin.economist.com\/edition\/2020\/article\/17312\/prepare-unusual-kind-downturn?utm_campaign=later-linkinbio-theeconomist&amp;utm_content=later-4486526&amp;utm_medium=social&amp;utm_source=instagram\">the Economist<\/a>. The world teeters on the brink of an unusual trade-war recession from the continued US-China dispute, which in 2019 caused a reduction in business confidence, global manufacturing, investment, and interest rates, he argues. While this means that all economies will need stimulus, the only central banks that will really be able to provide it are those in emerging markets, thanks to their higher interest rates and the positive impact of looser Fed policy on EM currencies.<\/p><p><strong>Egypt, meanwhile, is one of several countries where EM investors should seek returns<\/strong> if they want to capitalize on potentially favorable conditions for EMs while avoiding the negative impact of political and economic difficulty in countries with big index weights, such as Mexico, Brazil, and Russia, the <a href=\"https:\/\/www.ft.com\/content\/6accfff6-24d0-11ea-9a4f-963f0ec7e134\">Financial Times says<\/a>. Social instability in individual countries could still blight a generally positive macro environment for EM risk. So too could the health of the US economy, which some analysts argue has been held back by an overly aggressive Fed raising interest rates more than it should have, with negative consequences for EMs in particular and global growth in general.<\/p><p><strong>In another potential boon for Egypt, we are likely to lead MENA bond sales next <\/strong><strong>year<\/strong>, along with Saudi Arabia, Oman, and Bahrain, as plummeting oil prices and supplies that outpace demand keep upping the pressure to borrow, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-12-26\/aramco-lebanon-gulf-oil-a-guide-to-middle-east-risks-in-2020\">Bloomberg reports<\/a>.<\/p><p><strong>But investors in MENA economies will see plenty of risks in 2020 too:<\/strong> Potentially unpopular economic reform programs bring the continued risk of protests in several countries that have struggled with instability, including Egypt, Iraq, Lebanon, Algeria, Iran and Sudan, a director at Fitch Ratings says. And while a thawing in the rift between Qatar and Egypt, Saudi Arabia, the UAE and Bahrain would be a powerful boost for regional investment, Bloomberg argues, such a rapprochement still seems far from certain. Lebanon\u2019s currency crisis could lead to a default on its bond repayments, and the bns of USD expected to flow into Kuwait when it is added to the MSCI EM index in June 2020 could prove a mixed blessing. Meanwhile, investor concerns over disruption risks following September\u2019s drone and missile strikes on Saudi Aramco\u2019s facilities continue to dog the company, despite its shares having risen 10% since its USD 25.6 bn IPO.<\/p><p class=\"web-image stand-out-borderless\"><a href=\"http:\/\/somabay.com\/%20\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2715.jpeg?ssl=1\" alt=\"enterprise\"><\/a>Take a step into our phenomenal world &amp; celebrate 2020 with The Lemon Tree &amp; Co. at Somabay. Family &amp; Friends Reunion IV, Music Festival is happening on the 29th &amp; 30th of December and the celebration extends to NYE, December 31st where GALERIE presents a full night of elegance, admiration &amp; laughter. For reservations: http:\/\/nye2020tlt.com\/<\/p><p><strong>For better or worse, market sentiment in the US going into 2020 on a high note<\/strong>, as indications that an interim trade agreement with China is on track to be signed next month caused the country\u2019s three major US stock indices to reach new records, the <a href=\"https:\/\/www.ft.com\/content\/27cd50fa-27cf-11ea-9305-4234e74b0ef3\">Financial Times reports<\/a>. The Nasdaq rose 0.8%, while the S&amp;P 500 climbed 0.5% and the Dow Jones Industrial Average gained 0.4%, pushing all three indices past their previous record highs. Decreased unemployment, signs of a rise in oil prices, and a rally in gold has fueled the buoyant mood on Wall Street, the salmon-colored paper says.<\/p><p><strong>The trade agreement is just one area in which The Donald has embraced more populist policy approaches<\/strong>, traditionally more in line with US Democrats than Republicans, in 2019, the <a href=\"https:\/\/www.washingtonpost.com\/business\/2019\/12\/27\/trumps-quest-shatter-gop-economics-reached-its-culmination\/\">Washington Post argues<\/a>. Whether or not these policies \u2014 which include a rehaul of a trade agreement with Mexico and Canada, pushing the Fed to cut interest rates, and an expansion of government spending \u2014 are being implemented in the interests of working people is unclear. But they represent a striking break with core Republican policy.<\/p><p><strong>With New Year\u2019s just around the corner on Wednesday, we\u2019re getting antsy <\/strong><strong>about 2020 and the new decade. <\/strong>Among the stuff we\u2019ve been reading on that front:<\/p><ul>\n<li>What will the world look like in 2030? (<a href=\"https:\/\/www.nytimes.com\/interactive\/2019\/12\/26\/opinion\/2020s-future-predictions.html\">New York Times<\/a>)<\/li>\n<li>The shape of things to come: What the 1920s can teach us about the 2020s (<a href=\"https:\/\/www.theglobeandmail.com\/opinion\/article-the-shape-of-things-to-come-what-the-1920s-can-teach-us-about-the\/\">Globe &amp; Mail<\/a>)<\/li>\n<li>The decade tech lost its way (<a href=\"https:\/\/www.nytimes.com\/interactive\/2019\/12\/15\/technology\/decade-in-tech.html\">New York Times<\/a>)<\/li>\n<\/ul><p><b>Making It, our first podcast series, is on hiatus until January 9, which gives you the perfect chance to catch up on season one:<\/b><span style=\"font-weight: 400;\"> Previous guests on our show about how to build a great business right here in Egypt have included:<\/span><\/p><ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/back-from-brink-how-gourmet-egypt-survived-float-egp\/id1487974619?i=1000457443303\"><span style=\"font-weight: 400;\">Jalal Abugazaleh<\/span><\/a><span style=\"font-weight: 400;\">, founder of Gourmet Egypt<\/span><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/enterprise.press\/podcast#83584\"><span style=\"font-weight: 400;\">Karim El Sahy and Abeer El Sisi<\/span><\/a><span style=\"font-weight: 400;\"> from high-profile AI startup Elves<\/span><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/enterprise.press\/podcast#84182\"><span style=\"font-weight: 400;\">Karim Awad<\/span><\/a><span style=\"font-weight: 400;\">, group CEO of EFG Hermes<\/span><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/one-ring-to-rule-them-all-how-azza-fahmy-brand-became\/id1487974619?i=1000459387625\"><span style=\"font-weight: 400;\">Fatma Ghali<\/span><\/a><span style=\"font-weight: 400;\">, Managing Director of Azza Fahmy<\/span><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/meet-sarwa-capital-20-year-old-startup-quietly-building\/id1487974619?i=1000460046071\"><span style=\"font-weight: 400;\">Hazem Moussa<\/span><\/a><span style=\"font-weight: 400;\">, co-founder and CEO of Sarwa Capital<\/span><\/li>\n<\/ul><p><b>The episodes are available on<\/b> <a href=\"https:\/\/enterprise.press\/podcast\/\"><span style=\"font-weight: 400;\">our website<\/span><\/a><span style=\"font-weight: 400;\"> | <\/span><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/making-it\/id1487974619\"><span style=\"font-weight: 400;\">Apple Podcast<\/span><\/a><span style=\"font-weight: 400;\"> | <\/span><a href=\"https:\/\/podcasts.google.com\/?feed=aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2L2U3ZjE1ZWYwLWMwOWYtNDFiNi1iZDM4LWFiMDUwMGMwNDVlZi82OTc0ODFkMi04OGRmLTRlYjMtYmY3Mi1hYjA1MDBjMjllOWYvcG9kY2FzdC5yc3M%3D\"><span style=\"font-weight: 400;\">Google Podcast<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/benjamin-netanyahu\/\">Benjamin Netanyahu<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fuel\/\">fuel<\/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\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/religion\/\">Religion<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n  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class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/592141\/\">\r\n                                                    <\/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\/2019\/12\/29\/592141\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img 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month.<\/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\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/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=\"592142\" 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=\"592142\">\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\/2019\/12\/29\/breaking-down-how-egypts-newly-established-pension-fund-will-work\/\">\r\n                            Breaking down how Egypt\u2019s newly-established pension fund will work                        <\/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\/2019\/12\/29\/breaking-down-how-egypts-newly-established-pension-fund-will-work\/\" 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          <\/a>\r\n\r\n                \n<article id=\"post-592142\" class=\"content-area-description single-story post-592142 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-insurance tag-legislation tag-social-security-and-pensions-act tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>LEGISLATION WATCH- Breaking down how the newly-established pension fund<\/strong><strong> will work:<\/strong> The body that administers the state pension fund issued a circular on Thursday detailing how the pension fund established under the Social Security and Pensions Act will operate, <a href=\"https:\/\/bit.ly\/366GBEw\">Masrawy reports<\/a>. <strong>The circular outlines the criteria for employees covered by the act<\/strong>, which as far as we can tell, is everyone in the public and private sectors, including temporary and seasonal workers.<\/p>\n<p><strong>How much is everyone paying?<\/strong> The act, which was ratified by President Abdel Fattah El Sisi <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/25\/el-sisi-ratifies-egypts-new-social-security-and-pensions-act\/\">in August<\/a>, will see a share of public and private sector workers\u2019 salaries going towards the fund. This includes 21% of employee salaries (with employers required to contribute 12% and employees the remaining 9%), which will cover the pension pay-out for old age, disability, and death. <strong>This percentage will increase 1% once every seven years system-wide until it hits 26%.<\/strong> Additional items covered by the pension fund (including health and unemployment benefits) will also be added to bring the total amount deducted from employees\u2019 monthly salaries to 28.25% for government workers and 29.75% for private sector workers. Salaries will be calculated as the total of employees\u2019 base salaries and all other forms of compensation, including bonus comp. Public sector workers often have a low base salary that is then complemented by a laundry list of perks, allowances, and special payouts.<\/p>\n<p><strong>Minimum and maximum pay-ins:<\/strong> According to the circular, the minimum pay-in as of January 2020 has been set at EGP 12k per annum (at a rate of EGP 1,000 per month), with a ceiling set at EGP 84k per year (i.e. EGP 7,000 per month). The minimum and maximum rates will be hiked 15% at the beginning of each year for seven years, after which they will be adjusted according to inflation rates.<\/p>\n<p><strong>The law will also set up a bonus system that will take 2% of the monthly pay-ins<\/strong> (with employers and employees each contributing 1% of the monthly payment) and invest the sum on behalf of workers. It remains unclear whether the bonus system is mandatory, and whether the amount is automatically deducted from the base pay-in or if those who elect to subscribe to the bonus system will be required to contribute a higher percentage of their salaries.<\/p>\n<p><strong>When does it go into effect? <\/strong>This latest amendment to the SI scheme goes into effect on 1 January 2020.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/insurance\/\">insurance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-security-and-pensions-act\/\">Social Security and Pensions Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"592161\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"592162\" 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=\"592162\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/egyptian-cartoonists-of-the-past-century-brought-together-in-ubuntus-exhibit\/\">\r\n                            Egyptian cartoonists of the past century brought together in Ubuntu\u2019s exhibit                        <\/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\/2019\/12\/29\/egyptian-cartoonists-of-the-past-century-brought-together-in-ubuntus-exhibit\/\" 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\/2019\/12\/29\/egyptian-cartoonists-of-the-past-century-brought-together-in-ubuntus-exhibit\/')\">\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\/2019\/12\/29\/egyptian-cartoonists-of-the-past-century-brought-together-in-ubuntus-exhibit\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian cartoonists of the past century brought together in Ubuntu\u2019s exhibit&url=https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/egyptian-cartoonists-of-the-past-century-brought-together-in-ubuntus-exhibit\/\">\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\/2019\/12\/29\/egyptian-cartoonists-of-the-past-century-brought-together-in-ubuntus-exhibit\/&title=Egyptian cartoonists of the past century brought together in Ubuntu\u2019s exhibit\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+cartoonists+of+the+past+century+brought+together+in+Ubuntu%E2%80%99s+exhibit+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F12%2F29%2Fegyptian-cartoonists-of-the-past-century-brought-together-in-ubuntus-exhibit%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\/2019\/12\/29\/egyptian-cartoonists-of-the-past-century-brought-together-in-ubuntus-exhibit\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2163.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"592163\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/egyptian-cartoonists-of-the-past-century-brought-together-in-ubuntus-exhibit\/2163-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2163.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2163.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2163.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2163.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-592162\" class=\"content-area-description single-story post-592162 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-art tag-enterpriseam tag-image-of-the-day 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>Cartoonists of the past century brought together in Ubuntu\u2019s group exhibition:<\/strong> Cairo-based Ubuntu Art Gallery has put on a humorous exhibition that features 220 cartoons by 78 Egyptian artists that tickled Egyptians\u2019 funny bone over the past 100 years. The exhibition shows a variety of topics Egyptian cartoonists covered over the course of the past century and pays homage to those who used humor and art to portray social, economic, and political challenges facing the country. However, these caricaturists are struggling socially and financially. Samir Abdelghany, who curated the exhibit and is a cartoonist himself said, \u201call of the contemporary cartoonists in this exhibition agree on one thing: We are battling for survival,\u201d <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2019\/12\/history-of-cartoons-in-egypt.html\">according to Al-Monitor<\/a>. You can see <a href=\"https:\/\/ubuntuartgallery.com\/caricature\/\">the gallery page with the caricatures displayed 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\/art\/\">art<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/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=\"592164\" 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=\"592164\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/egypt-in-the-news-on-29-december-2019\/\">\r\n                            Egypt in the news on 29 December 2019                        <\/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\/2019\/12\/29\/egypt-in-the-news-on-29-december-2019\/\" 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\/2019\/12\/29\/egypt-in-the-news-on-29-december-2019\/')\">\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\/2019\/12\/29\/egypt-in-the-news-on-29-december-2019\/\">\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 29 December 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/egypt-in-the-news-on-29-december-2019\/\">\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\/2019\/12\/29\/egypt-in-the-news-on-29-december-2019\/&title=Egypt in the news on 29 December 2019\">\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+29+December+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F12%2F29%2Fegypt-in-the-news-on-29-december-2019%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\/2019\/12\/29\/egypt-in-the-news-on-29-december-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-592164\" class=\"content-area-description single-story post-592164 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-africa tag-diplomacy tag-egypt-in-the-news tag-electricity tag-energy tag-enterpriseam tag-gerd tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Topping coverage on Egypt in the foreign press this morning:<\/strong> Two separate road accidents on a Port Said highway and Zaafarana that killed a total of 28 people, including Indian and Malaysian tourists, are bringing plenty of attention to the state of Egypt\u2019s roads. (<a href=\"https:\/\/www.trtworld.com\/middle-east\/road-crash-kills-at-least-22-in-egypt-s-port-said-32552\">Associated Press<\/a> | <a href=\"https:\/\/www.thenational.ae\/world\/mena\/almost-two-dozen-killed-in-minibus-crash-in-egypt-1.957190\">The National<\/a> | <a href=\"https:\/\/www.nation.co.ke\/news\/africa\/Asian-tourists-among-six-killed-in-Egypt-bus-crash\/1066-5400804-2vq8jb\/index.html\">AFP<\/a> | <a href=\"https:\/\/www.themercury.com.au\/news\/breaking-news\/at-least-18-dead-in-egypt-bus-truck-crash\/news-story\/f076b39703f7a11dd398bb28365e51c0\">Deutsche Presse Agentur<\/a> | <a href=\"https:\/\/www.arabnews.com\/node\/1605356\/middle-east\">Arab News<\/a>)<\/p>\n<p><strong>Egypt is racing against Ethiopia to export its surplus electricity within Africa:<\/strong> Egypt is ready to export 20% of its surplus electricity to African countries at half the average cost of electricity production and wants to start the process before Ethiopia can begin exporting electricity generated by the Grand Ethiopian Renaissance Dam (GERD) to neighboring countries, <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2019\/12\/egypt-electricity-export-africa-gerd-low-price-ethiopia.html\">Al Monitor reports<\/a>. This accords with the country\u2019s strategic goals of serving as a regional energy hub and promoting economic integration in Africa. <\/p>\n<p><strong>But two challenges remain:<\/strong> the current lack of transmission lines with other African countries and the ongoing conflict with Ethiopia, whose dam risks exacerbating Egypt\u2019s water shortages and whose own aspirations to generate and export electricity may threaten to derail Egypt\u2019s.<\/p>\n<p>Other headlines worth noting:<\/p>\n<ul>\n<li><strong>Egyptian comedian arrested, allegedly over YouTube video:<\/strong> US-based Egyptian online comedian Shady Sorour was arrested upon his arrival in Cairo Airport last week because of a YouTube video in which he reportedly criticized President Abdel Fattah El Sisi,<a href=\"https:\/\/apnews.com\/e3b3dbe4b42d2b7006f3174d967429c9\">AP reports<\/a>. <\/li>\n<li><strong>Young Christians want to see the government enforce civil marriage laws<\/strong> to simplify processes such as marriages, adoptions, divorces, and inheritance settlements, which are currently protracted and complicated when they take place between people of different sects or religious groups, says <a href=\"https:\/\/www.express.co.uk\/news\/world\/1221016\/christian-news-middle-east-north-africa-egypt-coptics-muslim-christian-marriage-laws\">UK Christian publication the Express<\/a>.<\/li>\n<li><strong>Egypt made <\/strong><strong><a href=\"https:\/\/www.usatoday.com\/picture-gallery\/travel\/destinations\/2019\/12\/27\/lgbt-travel-20-most-dangerous-countries-nigeria-egypt\/2756349001\/\">USA Today\u2019s \u201c20 of the most dangerous<\/a><\/strong><strong><a href=\"https:\/\/www.usatoday.com\/picture-gallery\/travel\/destinations\/2019\/12\/27\/lgbt-travel-20-most-dangerous-countries-nigeria-egypt\/2756349001\/\"><\/a><\/strong><strong><a href=\"https:\/\/www.usatoday.com\/picture-gallery\/travel\/destinations\/2019\/12\/27\/lgbt-travel-20-most-dangerous-countries-nigeria-egypt\/2756349001\/\">countries for LGBT travelers\u201d<\/a><\/strong><strong> at number 20.<\/strong> Number one on the list is Nigeria, followed by Qatar; many other Arab states and African have also made the list.<\/li>\n<li><strong>Egypt set a new Guinness World Record for the largest coffee cup mosaic<\/strong>, which uses 7,260 coffee cups to depict King Tutankhamun's famous gold mask, <a href=\"http:\/\/www.xinhuanet.com\/english\/2019-12\/28\/c_138663787.htm\">Xinhua reported<\/a>.<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/electricity\/\">electricity<\/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\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"592165\" 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=\"592165\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/al-nowais-in-negotiations-with-siemens-gamesa-to-build-a-500-mw-wind-plant\/\">\r\n                            Al Nowais in negotiations with Siemens Gamesa to build a 500 MW wind plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/al-nowais-in-negotiations-with-siemens-gamesa-to-build-a-500-mw-wind-plant\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/al-nowais-in-negotiations-with-siemens-gamesa-to-build-a-500-mw-wind-plant\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/al-nowais-in-negotiations-with-siemens-gamesa-to-build-a-500-mw-wind-plant\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Al Nowais in negotiations with Siemens Gamesa to build a 500 MW wind plant&url=https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/al-nowais-in-negotiations-with-siemens-gamesa-to-build-a-500-mw-wind-plant\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/al-nowais-in-negotiations-with-siemens-gamesa-to-build-a-500-mw-wind-plant\/&title=Al Nowais in negotiations with Siemens Gamesa to build a 500 MW wind plant\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Al+Nowais+in+negotiations+with+Siemens+Gamesa+to+build+a+500+MW+wind+plant+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F12%2F29%2Fal-nowais-in-negotiations-with-siemens-gamesa-to-build-a-500-mw-wind-plant%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/al-nowais-in-negotiations-with-siemens-gamesa-to-build-a-500-mw-wind-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-592165\" class=\"content-area-description single-story post-592165 post type-post status-publish format-standard hentry category-energy tag-al-nowais tag-energy tag-enterpriseam tag-renewable-energy tag-renewables tag-siemens-gamesa wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>UAE\u2019s Al Nowais is in negotiations with Siemens Gamesa to set up 500 MW-worth of wind plants in Ras Ghareb, <a href=\"https:\/\/alborsaanews.com\/2019\/12\/28\/1280091\">according to the local press<\/a>. The two sides are looking into how many plants to build and the total cost of the project. Al Nowais hopes to reach an agreement with Siemens or another company to execute the construction works by 1H2020. Al Nowais had earlier this December <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/11\/al-nowais-to-build-two-renewable-energy-plants-worth-egp-16-bn-8276\/\">signed<\/a>an EGP 16 bn agreement to build the Ras Ghareb wind plant and another 200 MW solar plant in Aswan. The company is turning to renewable energy projects after the government <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/02\/egypt-withdraws-usd-4-bn-contract-with-al-nowais-for-2-65-gw-coal-plant\/\">had canceled<\/a> its coal plant project last October.<\/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\/al-nowais\/\">Al Nowais<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/siemens-gamesa\/\">Siemens Gamesa<\/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=\"592166\" 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=\"592166\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/wheat-cultivation-areas-in-egypt-fall-by-13-in-2019\/\">\r\n                            Wheat cultivation areas in Egypt fall by 13% in 2019                        <\/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\/2019\/12\/29\/wheat-cultivation-areas-in-egypt-fall-by-13-in-2019\/\" target=\"_blank\">\n                    Open in new tab                   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href=\"https:\/\/x.com\/intent\/post?text=Wheat cultivation areas in Egypt fall by 13% in 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/wheat-cultivation-areas-in-egypt-fall-by-13-in-2019\/\">\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\/2019\/12\/29\/wheat-cultivation-areas-in-egypt-fall-by-13-in-2019\/&title=Wheat cultivation areas in Egypt fall by 13% in 2019\">\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=Wheat+cultivation+areas+in+Egypt+fall+by+13%25+in+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F12%2F29%2Fwheat-cultivation-areas-in-egypt-fall-by-13-in-2019%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\/2019\/12\/29\/wheat-cultivation-areas-in-egypt-fall-by-13-in-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-592166\" class=\"content-area-description single-story post-592166 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-agriculture tag-basic-materials-commodities tag-climate-change tag-enterpriseam tag-trade tag-wheat wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt cultivated 2.7 mn feddans of wheat at the end of the official season, dropping 13% y-o-y and falling short of the 3.5 mn feddans the Agriculture Ministry had set as a target for the year, <a href=\"https:\/\/alborsaanews.com\/2019\/12\/26\/1279774\">the local press reported,<\/a> citing unnamed sources from the ministry. \u201cUnregulated\u201d practices in agriculture and climate change have taken their toll on agriculture as a whole and affected wheat and most other crops, head of the General Syndicate of Egyptian Farmers Farid Wasil said.<\/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\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wheat\/\">wheat<\/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=\"592167\" 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=\"592167\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/military-production-ministry-and-frances-jab-sign-a-protocol-to-develop-projects-in-damiettas-furniture-city\/\">\r\n                            Military Production Ministry and France\u2019s JAB sign a protocol to develop projects in Damietta\u2019s Furniture City                        <\/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\/2019\/12\/29\/military-production-ministry-and-frances-jab-sign-a-protocol-to-develop-projects-in-damiettas-furniture-city\/\" 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\/2019\/12\/29\/military-production-ministry-and-frances-jab-sign-a-protocol-to-develop-projects-in-damiettas-furniture-city\/')\">\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\/2019\/12\/29\/military-production-ministry-and-frances-jab-sign-a-protocol-to-develop-projects-in-damiettas-furniture-city\/\">\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=Military Production Ministry and France\u2019s JAB sign a protocol to develop projects in Damietta\u2019s Furniture City&url=https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/military-production-ministry-and-frances-jab-sign-a-protocol-to-develop-projects-in-damiettas-furniture-city\/\">\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\/2019\/12\/29\/military-production-ministry-and-frances-jab-sign-a-protocol-to-develop-projects-in-damiettas-furniture-city\/&title=Military Production Ministry and France\u2019s JAB sign a protocol to develop projects in Damietta\u2019s Furniture City\">\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=Military+Production+Ministry+and+France%E2%80%99s+JAB+sign+a+protocol+to+develop+projects+in+Damietta%E2%80%99s+Furniture+City+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F12%2F29%2Fmilitary-production-ministry-and-frances-jab-sign-a-protocol-to-develop-projects-in-damiettas-furniture-city%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\/2019\/12\/29\/military-production-ministry-and-frances-jab-sign-a-protocol-to-develop-projects-in-damiettas-furniture-city\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-592167\" class=\"content-area-description single-story post-592167 post type-post status-publish format-standard hentry category-manufacturing tag-development tag-enterpriseam tag-manufacturing tag-military-production-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Military Production Ministry and France\u2019s JAB Holding Company has signed a cooperation protocol that will see the two building, financing, and managing developmental projects in Damietta\u2019s Furniture City,<a href=\"https:\/\/bit.ly\/2Zv7mA0\">according to a cabinet statement<\/a>. The size of the investment and the timeline of the projects have not been announced. The ministry aims to establish a furniture mall, two hotels and exhibitions, and design centers. The ministry also plans to facilitate international exhibitions in Damietta and in Europe as part of the furniture city\u2019s development.<\/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\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/military-production-ministry\/\">Military Production Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"592168\" 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=\"592168\">\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\">Law<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/matouk-bassiouny-opens-new-office-in-algeria\/\">\r\n                            Matouk Bassiouny opens new office in Algeria                        <\/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\/2019\/12\/29\/matouk-bassiouny-opens-new-office-in-algeria\/\" 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\/2019\/12\/29\/matouk-bassiouny-opens-new-office-in-algeria\/')\">\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\/2019\/12\/29\/matouk-bassiouny-opens-new-office-in-algeria\/\">\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=Matouk Bassiouny opens new office in Algeria&url=https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/matouk-bassiouny-opens-new-office-in-algeria\/\">\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\/2019\/12\/29\/matouk-bassiouny-opens-new-office-in-algeria\/&title=Matouk Bassiouny opens new office in Algeria\">\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=Matouk+Bassiouny+opens+new+office+in+Algeria+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F12%2F29%2Fmatouk-bassiouny-opens-new-office-in-algeria%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\/2019\/12\/29\/matouk-bassiouny-opens-new-office-in-algeria\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-592168\" class=\"content-area-description single-story post-592168 post type-post status-publish format-standard hentry category-law tag-algeria tag-enterpriseam tag-law tag-matouk-bassiouny-hennawy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Matouk Bassiouny has opened an office in Algeria in association with Algerian law firm SH-Avocats, it said in <a href=\"https:\/\/ent.news\/2019\/12\/2080.pdf\">a statement (pdf)<\/a>. Part of the firm\u2019s regional expansion efforts, the new outpost will join a team of 170 lawyers based in Egypt (Matouk Bassiouny & Hennawy), the UAE (Matouk Bassiouny & Ibrahim), and Sudan (Matouk Bassiouny in association with AIH Law Firm). The firm in Algeria is led by Houda Sahri, founding and managing partner of SH-Avocats, and Jean-J\u00e9r\u00f4me Khodara, partner with Matouk Bassiouny\u2019s corporate \/ M&A practice group and head of Matouk Bassiouny\u2019s Algeria practice.<\/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\/algeria\/\">Algeria<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/matouk-bassiouny-hennawy\/\">Matouk Bassiouny &amp; Hennawy<\/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=\"592169\" 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=\"592169\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/umm-kulthum-hologram-to-perform-at-dubai-opera\/\">\r\n                            Umm Kulthum hologram to perform at Dubai Opera                        <\/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\/2019\/12\/29\/umm-kulthum-hologram-to-perform-at-dubai-opera\/\" 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\/2019\/12\/29\/umm-kulthum-hologram-to-perform-at-dubai-opera\/')\">\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\/2019\/12\/29\/umm-kulthum-hologram-to-perform-at-dubai-opera\/\">\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=Umm Kulthum hologram to perform at Dubai Opera&url=https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/umm-kulthum-hologram-to-perform-at-dubai-opera\/\">\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\/2019\/12\/29\/umm-kulthum-hologram-to-perform-at-dubai-opera\/&title=Umm Kulthum hologram to perform at Dubai Opera\">\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=Umm+Kulthum+hologram+to+perform+at+Dubai+Opera+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F12%2F29%2Fumm-kulthum-hologram-to-perform-at-dubai-opera%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\/2019\/12\/29\/umm-kulthum-hologram-to-perform-at-dubai-opera\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2194.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"592170\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/umm-kulthum-hologram-to-perform-at-dubai-opera\/2194-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2194.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2194.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2194.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2194.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-592169\" class=\"content-area-description single-story post-592169 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam tag-music wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Umm Kulthum hologram to perform at Dubai Opera: <\/strong>Umm Kulthum is still holding concerts and in January of this year, the Egyptian singer starred in the Arab world\u2019s first hologram concert at Tantora Festival in Saudi Arabia's Al Ula, <a href=\"https:\/\/www.thenational.ae\/arts-culture\/music\/umm-kulthum-hologram-to-perform-at-dubai-opera-1.956245\">according to The National<\/a>. This week, she\u2019s coming to Dubai on Thursday, 26 December and Friday, 27 December at their opera and will be backed by a live orchestra. The Umm Kulthum hologram was created from scratch when Egyptian actress Sabreen was enlisted to recreate her stage movements which were then digitally rendered by technicials from the Arab World, China, and the US. Sabreen had previously starred as Umm Kulthum in the popular 1999 Ramadan television \u00adseries named after the legendary singer.<\/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\/music\/\">music<\/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=\"592171\" 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=\"592171\">\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\/2019\/12\/29\/the-market-yesterday-238\/\">\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\/2019\/12\/29\/the-market-yesterday-238\/\" 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\/2019\/12\/29\/the-market-yesterday-238\/')\">\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\/2019\/12\/29\/the-market-yesterday-238\/\">\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\/2019\/12\/29\/the-market-yesterday-238\/\">\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\/2019\/12\/29\/the-market-yesterday-238\/&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%2F2019%2F12%2F29%2Fthe-market-yesterday-238%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\/2019\/12\/29\/the-market-yesterday-238\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-592171\" class=\"content-area-description single-story post-592171 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><p><strong>EGP \/ USD CBE market average: <\/strong>Buy 15.99 | Sell 16.09<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.99 | Sell 16.09<\/p>\n<p> <strong>EGP \/ USD at NBE: <\/strong>Buy 15.99 | Sell 16.09<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 13,885 (+1.0%)<\/p>\n<p> <strong>Turnover:<\/strong> EGP 392 mn (44% below the 90-day average)<\/p>\n<p> <strong>EGX 30 year-to-date<\/strong>: +6.51%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session up 0.1%. CIB, the index\u2019s heaviest constituent, ended up 1.8%. EGX30\u2019s top performing constituents were CIRA up 4.3%, Orascom Development Egypt up 3.8%, and Ibnsina Pharma up 2.1%. Thursday\u2019s worst performing stocks were Telecom Egypt down 2.2%, EFG Hermes down 0.8% and Sidi Kerir Petrochemicals down 0.7%. The market turnover was EGP 392 mn, and foreign investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +51.6 mn<\/p>\n<p> <strong>Regional<\/strong>: Net Short | EGP -0.6 mn<\/p>\n<p> <strong>Domestic<\/strong>: Net Short | EGP -51.0 mn<\/p>\n<p><strong>Retail<\/strong>: 51.1% of total trades | 38.5% of buyers | 63.8% of sellers<\/p>\n<p> <strong>Institutions<\/strong>: 48.9% of total trades | 61.5% of buyers | 36.2% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 61.72 (+0.06%)<\/p>\n<p> <strong>Brent:<\/strong> USD 68.16 (+0.35%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.23 MMBtu (-2.36%, January 2020 contract)<\/p>\n<p> <strong>Gold:<\/strong> USD 1,518.10 \/ troy ounce (+0.24%)<\/p>\n<p><strong>TASI:<\/strong> 8,353.14 (+0.12%) (YTD: +6.73%)<\/p>\n<p> <strong>ADX:<\/strong> 5,050.49 (-1.03%) (YTD: +2.76%)<\/p>\n<p> <strong>DFM:<\/strong> 2,764.88 (-0.30%) (YTD: +9.29%)<\/p>\n<p> <strong>KSE Premier Market:<\/strong> 6,926.21 (-0.43%)<\/p>\n<p> <strong>QE:<\/strong> 10,426.37 (-0.17%) (YTD: +1.24%)<\/p>\n<p> <strong>MSM:<\/strong> 3,866.41 (-0.22%) (YTD: -10.58%)<\/p>\n<p> <strong>BB: <\/strong>1,604.00 (+0.06%) (YTD: +19.95%)<\/p><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"592172\" 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\/2019\/12\/29\/592172\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-592172\" class=\"content-area-description single-story post-592172 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>December: Belarus Industry Minister Pavel Utiupin <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=19112019&id=2b9e9b1c-45ad-4af5-82a9-f8650319c562\">will visit Egypt<\/a> to discuss means of cooperation in the SCZone and plan for the seventh Egypt-Belarus Trade Meeting.<\/p>\n<p>December: <a href=\"https:\/\/almalnews.com\/%d9%88%d9%81%d8%af-%d9%87%d9%86%d8%af%d9%8a-%d9%8a%d8%a8%d8%ad%d8%ab-%d8%a7%d9%84%d8%aa%d8%b9%d8%a7%d9%88%d9%86-%d8%a7%d9%84%d8%aa%d8%ac%d8%a7%d8%b1%d9%8a-%d9%88%d8%a7%d9%84%d8%a7%d8%b3%d8%aa%d8%ab\/\">Indian automotive delegation to visit Egypt<\/a>.<\/p>\n<p>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>January 2020: 1,000 artifacts to be displayed when <a href=\"https:\/\/www.egypttoday.com\/Article\/4\/79118\/Hurghada-Museum-to-be-inaugurated-on-Jan-2020\">Hurghada Museum opens.<\/a><\/p>\n<p>January 2020: 2019 Confederation of African Football (CAF) Awards, Albatros Citadel Resort, <a href=\"https:\/\/alborsaanews.com\/2019\/07\/18\/1226515\">Hurghada, Egypt<\/a>.<\/p>\n<p>January 2020: <a href=\"https:\/\/punchng.com\/uk-africa-investment-summit-holds-in-jan-2020-foreign-secretary\/\">UK-Africa Investment summit<\/a>, London, United Kingdom.<\/p>\n<p>5 January (Sunday): Postponed lawsuit hearing against Peugeot Automobile filed by Cairo for Development and Cars Manufacturing.<\/p>\n<p>7 January 2020 (Tuesday): Coptic Christmas, national holiday.<\/p>\n<p>9-12 January 2020 (Thursday-Sunday): <a href=\"http:\/\/www.plastex-online.com\/\">PLASTEX<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-10 January 2020 (Thursday-Friday): Egypt, Ethiopia and Sudan will hold talks in Addis Ababa on GERD.<\/p>\n<p>13 January 2020 (Monday): Egypt, Sudan, and Ethiopia move to Washington, DC, for a fourth (and final?) round of negotiations on GERD.<\/p>\n<p>25 January 2020 (Saturday): 25 January revolution anniversary \/ Police Day, national holiday.<\/p>\n<p>25 January 2020 (Saturday): Midterm break for public schools and universities. Also known as: Two weeks of good commute.<\/p>\n<p>February 2020: An Italian business delegation <a href=\"https:\/\/almalnews.com\/%d9%88%d9%81%d8%af-%d8%a5%d9%8a%d8%b7%d8%a7%d9%84%d9%8a-%d9%8a%d8%b2%d9%88%d8%b1-%d9%85%d8%b5%d8%b1-%d9%81%d8%a8%d8%b1%d8%a7%d9%8a%d8%b1-%d8%a7%d9%84%d9%85%d9%82%d8%a8%d9%84-%d9%84%d9%84%d8%aa%d8%b9\/\">will visit Egypt<\/a> to discuss investments in the Port Said industrial zone.<\/p>\n<p>February 2020: A delegation of Swiss businesses <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%85%D8%B5%D8%B1-%D9%88%D8%B3%D9%88%D9%8A%D8%B3%D8%B1%D8%A7-%D8%AA%D8%AA%D9%81%D9%82%D8%A7%D9%86-%D8%B9%D9%84%D9%89-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%AD%D8%AA%D9%89-2024.aspx\">will visit Egypt<\/a> to discuss investment.<\/p>\n<p>February 2020: Higher Education Minister Khaled Abdel-Ghaffar <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=19112019&id=2b9e9b1c-45ad-4af5-82a9-f8650319c562\">will visit<\/a> Minsk, Belarus.<\/p>\n<p>1 February 2020 (Saturday): The administrative court <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%84%d9%82%d8%b6%d8%a7%d8%a1-%d8%a7%d9%84%d8%a5%d8%af%d8%a7%d8%b1%d9%89-%d9%8a%d8%a4%d8%ac%d9%84-%d9%82%d8%b6%d9%8a%d8%a9-%d8%a3%d8%af%d9%8a%d8%a8%d9%8a%d8%aa%d9%88-%d8%a3%d9%85%d8%b1\/\">will look into<\/a> an appeal by Adeptio AD Investments against a Financial Regulatory Authority to submit a mandatory tender offer (MTO) for Americana Egypt.<\/p>\n<p>3-5 February 2020: <a href=\"https:\/\/www.facebook.com\/aaif2020\">The Arab-African International Forum<\/a>, Jeddah, Saudi Arabia<\/p>\n<p>4 February (Tuesday): Court hearing for PTT Energy Resources\u2019 <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/06\/thailands-ptt-energy-resources-files-usd-1-bn-lawsuit-against-govt-over-emg\/\">USD 1 bn lawsuit against Egyptian government<\/a><\/p>\n<p>8 February 2020 (Saturday): Midterm break ends. Traffic in Cairo stinks once more.<\/p>\n<p>11-13 February 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>March 2020: <a href=\"http:\/\/www.menafatf.org\/about\">The Middle East and North Africa Financial Action Task Force<\/a> (MENAFATF) <a href=\"https:\/\/almalnews.com\/%d9%85%d8%ac%d9%85%d9%88%d8%b9%d8%a9-%d8%a7%d9%84%d8%b9%d9%85%d9%84-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a-%d8%aa%d8%b2%d9%88%d8%b1-%d9%85%d8%b5%d8%b1-%d9%85%d8%a7%d8%b1%d8%b3-%d8%a7%d9%84%d9%85%d9%82\/\">will visit<\/a> Egypt to assess the progress of actions taken to combat money laundering and terrorist sponsoring activities.<\/p>\n<p>1 March 2020: <a href=\"https:\/\/www.youm7.com\/story\/2019\/11\/28\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%BA%D8%B1%D9%81%D8%A9-%D8%A7%D9%84%D8%A5%D8%B3%D9%83%D9%86%D8%AF%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%A4%D8%AA%D9%85%D8%B1%D8%A7-%D8%AF%D9%88%D9%84%D9%8A%D8%A7-%D8%B9%D9%86-%D8%A7%D9%84%D9%84%D9%88%D8%AC%D8%B3%D8%AA%D9%8A%D8%A7%D8%AA\/4516709\">A conference<\/a> on \u201clogistics and its impact on the movement of goods and industry,\u201d venue TBD, Alexandria.<\/p>\n<p>4-5 March 2020 (Wednesday-Thursday): <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/10\/Press-Release-26th-Annual-Women-Economic-Forum-March-2020-Cairo-Egypt.pdf\">Women Economic Forum<\/a>, Cairo.<\/p>\n<p>25-26 March 2020 (Wednesday-Thursday): <a href=\"http:\/\/www.megaprojectsconf.com\/\">Mega Projects Conference<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23 April 2020 (Thursday): First day of Ramadan (TBC).<\/p>\n<p>23-26 May 2020 (Saturday-Tuesday): Eid El Fitr (TBC).<\/p>\n<p>5-7 May 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.afsic.net\/\">AFSIC - Investing in Africa<\/a>, London, United Kingdom.<\/p>\n<p>17-20 June 2020 (Wednesday-Saturday): <a href=\"https:\/\/www.automech-formula.com\/en\/home.html\">2019 Automech Formula car expo<\/a>, Egypt International Exhibition Center, Cairo.<\/p>\n<p>30 June 2020 (Sunday): June 2013 protests anniversary, national holiday.<\/p>\n<p>November 2020: 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>30 July 2020-3 August 2020 (Thursday-Monday): Eid El Adha (TBC), national holiday.<\/p>\n<p>19-20 August 2020 (Wednesday-Thursday): Islamic New Year (TBC), national holiday.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":592138,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-592137","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a9ca2c23-50c4-47f0-8727-3376ccb46ced","teaser":"","photo_url":"https:\/\/ent.news\/2017\/9\/1986.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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