{"id":593268,"date":"2019-11-24T04:12:24","date_gmt":"2019-11-24T04:12:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=593268"},"modified":"2025-12-16T17:30:44","modified_gmt":"2025-12-16T17:30:44","slug":"investment-for-africa-2019-nets-agreements-worth-usd-3-bn-plus-edumin-softens-slightly-its-stance-on-foreign-ownership-limits","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/investment-for-africa-2019-nets-agreements-worth-usd-3-bn-plus-edumin-softens-slightly-its-stance-on-foreign-ownership-limits\/","title":{"rendered":"Investment for Africa 2019 nets agreements worth USD 3 bn. \r\nPlus: EduMin softens (slightly) its stance on foreign ownership limits"},"content":{"rendered":"<section id=\"593270\" 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=\"593270\">\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\/11\/24\/what-were-tracking-on-24-november-2019\/\">\r\n                            What we\u2019re tracking on 24 November 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\/11\/24\/what-were-tracking-on-24-november-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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The latest speculation out of the domestic press is that Ain Shams University professor Mahmoud El Meteiny could take health from Hala Zayed, while Damietta Governor Manal Awad could take Yasmine Fouad\u2019s position as environment minister, an unnamed government source <a href=\"https:\/\/www.masrawy.com\/news\/news_egypt\/details\/2019\/11\/22\/1675189\/%D9%85%D8%B5%D8%AF%D8%B1-%D8%AD%D9%83%D9%88%D9%85%D9%8A-%D8%A7%D9%84%D9%85%D8%AA%D9%8A%D9%86%D9%8A-%D9%85%D8%B1%D8%B4%D8%AD-%D8%A7-%D9%84%D9%84%D8%B5%D8%AD%D8%A9-%D9%88%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D9%82%D8%B1%D8%A7%D8%B1-%D8%B9%D9%84%D9%89-%D8%B1%D8%AD%D9%8A%D9%84-9-%D9%88%D8%B2%D8%B1%D8%A7%D8%A1#SectionMore\">tells Masrawy<\/a>.<\/p><p><strong>Media councils getting a shakeup too?<\/strong> The ministerial changes could be preceded by a shuffle in the leadership of the country\u2019s three media regulators \u2014 the Supreme Media Council, National Media Authority, and National Press Council, according to Masrawy\u2019s source. <strong>Talk of a shuffle began last week <\/strong>when the high-profile head of the state-owned Akhbar Al-Yom news outlet first raised the topic on the nation\u2019s talk shows.<\/p><p><strong>Either way, Ghada Waly is leaving cabinet: <\/strong>The long-serving minister of social solidarity has been named the next executive director of the United Nations Office on Drugs and Crime, <a href=\"https:\/\/www.un.org\/press\/en\/2019\/sga1924.doc.htm\">UN Secretary\u2011General Ant\u00f3nio Guterres said in a statement on Thursday<\/a>. She will also be the next director-general of the United Nations Office in Vienna, <a href=\"https:\/\/www.thenational.ae\/world\/mena\/egyptian-minister-ghada-waly-picked-to-head-un-drug-agency-1.941263\">the National<\/a> notes. Waly has been a fixture at the cabinet table since 2014.<\/p><hr class=\"grey-line\"><p><strong>Private markets are \u201clarger than ever\u201d as companies stay private for longer:<\/strong> Once upon a time, conventional wisdom was that companies grew to a certain size in private hands before making their debut on a stock exchange, selling shares to (hopefully) get a higher valuation and raise the money they needed to grow.<\/p><p><strong>But more companies are staying private for much longer because \u2026 it\u2019s <\/strong><strong>become really easy to raise private capital. <\/strong>Investors have been piling into private market investments as companies are tending to stay private for longer and are increasingly opting for so-called \u201cprivate IPO\u201d fundraising rounds \u2014 and when they do go public, some are executing direct listings instead of IPOs, Goldman Sachs said in a briefing last week. <strong>In the last decade, USD 3 tn has flowed into private equity and venture capital funds across the globe<\/strong>, and private funds are on track to raise over USD 100 bn for &gt;10k transactions for the second year in a row.<\/p><p><strong>Other key takeaways from the Goldman report: <\/strong>VC and PE funds now have competition for transactions from sovereign wealth funds, pension funds, corporate \/ captive VC funds (to say nothing of traditional investors in public quities). Transactions are getting larger (43% of transaction value this year is accounted for by c. 200 of them worth more than USD 100 mn apiece) and companies are raising late-stage rounds more frequently.<\/p><p class=\"web-image stand-out-borderless\"><a href=\"http:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/somabay-1600.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>Saudi Aramco\u2019s IPO continues to get media attention globally even after <\/strong><strong>bankers scrapped the international component of the transaction. <\/strong>Only Saudi individuals and institutions are buying, and even religious leaders in the kingdom are pushing investors to bid heavily for shares, the <a href=\"https:\/\/www.ft.com\/content\/0e9b9952-0b78-11ea-b2d6-9bf4d1957a67\">Financial Times reports<\/a>. Some SAR 14 bn (nearly USD 4 bn) in retail orders had been received by Thursday, <a href=\"https:\/\/www.google.com\/url?q=https:\/\/www.alarabiya.net\/ar\/aswaq\/aramco\/2019\/11\/21\/%25D8%25B3%25D8%25A7%25D9%2585%25D8%25A8%25D8%25A7-%25D9%2584%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A8%25D9%258A%25D8%25A9-%25D8%25A7%25D9%2583%25D8%25AA%25D8%25AA%25D8%25A7%25D8%25A8-%25D8%25A3%25D8%25B1%25D8%25A7%25D9%2585%25D9%2583%25D9%2588-%25D8%25AC%25D9%2585%25D8%25B9-73-%25D9%2585%25D9%2584%25D9%258A%25D8%25A7%25D8%25B1-%25D8%25B1%25D9%258A%25D8%25A7%25D9%2584-%25D8%25AD%25D8%25AA%25D9%2589-%25D8%25A7%25D9%2584%25D8%25A2%25D9%2586&amp;sa=D&amp;ust=1574542199371000&amp;usg=AFQjCNE75ungZYT3qAi80xr4ynmbajdRYw\">according to Al Arabiya<\/a>, bringing the total order book from retail and institutional investors to SAR 73 bn. The <a href=\"https:\/\/www.wsj.com\/articles\/how-the-saudi-aramco-ipo-came-back-to-life-11574418637\">Wall Street Journal<\/a> has a deep dive into Crown Prince Mohammed bin Salman\u2019s determination to bring the IPO to life \u2014 and alleges that doubts expressed by former energy minister Khalid Al Falih saw him swept to the side.<\/p><p><strong>Other headlines of note<\/strong> in our region and in the global economy:<\/p><ul>\n<li><strong>Lebanon\u2019s USD bonds started to rebound late last week<\/strong> after yields skyrocketed during weeks of anti-government protests, <a href=\"https:\/\/www.reuters.com\/article\/lebanon-markets-eurobonds\/lebanese-bonds-rally-as-parliament-session-called-trump-assures-of-support-idUSL9N27300I\">Reuters reports<\/a>.<\/li>\n<li><strong>Speaking of bonds: Local-currency EM bonds are on a roll<\/strong>, having\u201cstaged a formidable rally\u201d since December 2015. EM local currency government bonds\u2019 annual returns have hit 7.2% in USD terms, while similar duration US government bonds returned 2.2%. EM sovereign and corporate USD-denominated bonds are also rising compared to their US counterparts, <a href=\"https:\/\/www.ft.com\/content\/413723a4-0c81-11ea-b2d6-9bf4d1957a67\">according to the Financial Times<\/a>.<\/li>\n<li><strong>The international press was fixated over the weekend on Bibi\u2019s official <\/strong><strong>indictment<\/strong><strong> for fraud, bribery, and breach of trust<\/strong> by Israel\u2019s attorney general on Thursday, <a href=\"https:\/\/www.theguardian.com\/world\/2019\/nov\/21\/israeli-prime-minister-benjamin-netanyahu-indicted-for-bribery-and\">the Guardian<\/a> reports.<\/li>\n<li><strong>Weather forecasters were dealt a major blow in their months-long turf <\/strong><strong>war with <\/strong><strong>5G operators <\/strong>at the World Radiocommunication Conference held in Egypt, <a href=\"https:\/\/www.theverge.com\/2019\/11\/22\/20975652\/weather-forecast-interference-limits-5g-egypt-conference-radio-frequency\">according to The Verge<\/a>. Delegates at the conference voted in to give 5G operators more freedom of operation in a specific frequency that is necessary for weather forecasting accuracy.<\/li>\n<\/ul><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/1500.jpg?ssl=1\" alt=\"enterprise\"><\/p><p><strong>Tesla revealed its (almost) unbreakable Cybertruck: <\/strong>The live demonstration of the futuristic-looking electric pickup truck, which was touted as being \u201cliterally bulletproof,\u201d saw vehicle stand up to sledgehammer blows \u2014 but its shatter-proof windows were cracked when hit with a metal ball while CEO Elon Musk was on stage, <a href=\"https:\/\/edition.cnn.com\/2019\/11\/22\/cars\/tesla-cybertruck-electric-pickup-truck\/index.html\">according to CNN<\/a>. The base model of the Cybertruck is priced at nearly USD 40k and is scheduled to go into production in late 2021. <a href=\"https:\/\/www.theverge.com\/2019\/11\/22\/20977320\/tesla-cybertruck-preorder-how-to-buy-online-price-date-electric-truck-pickup\">The Verge<\/a> has more.<\/p><p class=\"web-image\"><a href=\"https:\/\/omny.fm\/shows\/making-it\/back-from-the-brink-how-gourmet-egypt-survived-the\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/Making-It-Album-Cover-1600px.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>*** Listen to the first episode of Making It, our new podcast: <\/strong>After a ten-year run leading a high-end retailer of imported food in Egypt, Jalal Abu Gazaleh nearly fell off a cliff when the devaluation of the EGP saw prices skyrocket, inflation go through the roof \u2014 and an effective ban on imports put in place. In this week\u2019s episode, Jalal talks with us about how he built the business from a one-desk meat importer into a retail powerhouse and an early pioneer of e-commerce \u2014 and saved his business by becoming a food manufacturer. <strong><a href=\"https:\/\/enterprise.press\/podcast\/\">Listen here<\/a><\/strong> on our website or try <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/making-it\/id1487974619\">Apple Podcast<\/a> | <a href=\"https:\/\/podcasts.google.com\/?feed=aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2L2U3ZjE1ZWYwLWMwOWYtNDFiNi1iZDM4LWFiMDUwMGMwNDVlZi82OTc0ODFkMi04OGRmLTRlYjMtYmY3Mi1hYjA1MDBjMjllOWYvcG9kY2FzdC5yc3M%3D\">Google Podcast<\/a>.<\/p><p><strong>You can also listen on <\/strong><strong><a href=\"https:\/\/open.spotify.com\/show\/5kp07MwlL0pk8W8i7thpgB\">Spotify<\/a><\/strong><strong> if you are listening outside of MENA. <\/strong>The local edition of the streamer doesn\u2019t presently offer podcasts.<\/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\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fraud\/\">fraud<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/goldman-sachs\/\">Goldman Sachs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ipo-watch\/\">IPO 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\/lebanon\/\">Lebanon<\/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\/tesla\/\">Tesla<\/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    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593271\" 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                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div 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href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/last-nights-talk-shows-for-sunday-24-november-2019\/\">\r\n                            Last night\u2019s talk shows for Sunday, 24 November 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\/11\/24\/last-nights-talk-shows-for-sunday-24-november-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          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href=\"https:\/\/api.whatsapp.com\/send?text=Last+night%E2%80%99s+talk+shows+for+Sunday%2C+24+November+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F24%2Flast-nights-talk-shows-for-sunday-24-november-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\/11\/24\/last-nights-talk-shows-for-sunday-24-november-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593272\" class=\"content-area-description single-story post-593272 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-archaeology tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The second day of the Investment for Africa Forum,<\/strong> which wrapped up in the new administrative capital yesterday, dominated the nation\u2019s airwaves last night. We have chapter and verse on the forum in this morning\u2019s Speed Round below.<\/p>\n<p><strong>What got the heads talking? <\/strong>President Abdel Fattah El Sisi\u2019s remarks during the forum and his sideline meetings piqued the most interest. El Sisi mentioned that the government has spent EGP 4 tn on infrastructure since 2012 and called in a speech yesterdays for African leaders to clamp down on corruption, Al Hayah Al Youm\u2019s Khaled Abu Bakr took note (<a href=\"https:\/\/youtu.be\/EDS6B-2_nAo?t=246\">watch part of the speech, runtime: 6:41<\/a>). Masaa DMC\u2019s Eman El Hosary, meanwhile, reviewed the second day\u2019s proceedings (<a href=\"https:\/\/www.youtube.com\/watch?v=sUFtkMFdu_k\">watch, runtime: 3:33<\/a>). Egyptian companies have invested USD 10.2 bn in African countries, three times more than the USD 3.4 bn invested in Egypt by African companies, El Hosary said.<\/p>\n<p><strong>El Sisi\u2019s sideline meetings: <\/strong>El Sisi discussed Siemens\u2019s work in Egypt in a meeting with the German company\u2019s CEO, <a href=\"https:\/\/bit.ly\/35qGHGe\">Joe Kaeser<\/a>. The president also separately sat down with EBRD President <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/743823129470403?__xts__%5B0%5D=68.ARCDPqiP1hHwisamAtVT3b6dKXV4Ov-X8vnfc2jyMuqt9KxSH4gYFrXh6oXAHcgCy0hfHWEmrZy-y19b62BLYsRYJ2_Wcilt26oPcJlYvs-MM8YU-K-7xfyU6eH4EOZgPeVQlLnS9VZTsLB09HmJHMUGbpe5lSiw6mctAwmCXEfqytjD-KYwd5mr_36aorUypkGFoIWsfq5s38QYZGx1ujPI-S854S29yboK9jXMa_l_Pj6qlslwSVxdjIpwTBzE0HsBp65KRMiS2m04kccdmYHDuiMx6Qhg0BKiewFDhEWM0YZ6vGh3F1qJiTcVFz6-JvsPMDLqpqX5uJMLi7m7w0Q&__tn__=-R\">Sir Suma Chakrabarti<\/a>, Abu Bakr reports (<a href=\"https:\/\/www.youtube.com\/watch?v=xMovA_Hpjes\">watch, runtime: 2:37<\/a>).<\/p>\n<p><strong>Mummified animals discovered in Sakkara:<\/strong> Abu Bakr gave us the details of the recent archaeological discovery of hundreds of mummified animals and statues at the Sakkara necropolis (<a href=\"https:\/\/youtu.be\/5qYHB2ihMek\">watch, runtime: 2:50<\/a>). Supreme Council of Antiquities Secretary-General Mostafa Waziri said that among the trove was \u201cthe largest stone scarab in the world.\u201d The find received plenty of digital ink in the foreign press this morning, which we noted in this morning\u2019s Egypt in the News section, below.<\/p>\n<p><strong>Egypt\u2019s Tiba-1 satellite launch delayed: <\/strong>France-based Arianespace has delayed the launch of Egypt\u2019s first communication satellite, Tiba-1, due to technical issues, Abu Bakr reported (<a href=\"https:\/\/www.youtube.com\/watch?v=7wYOkRW-Me4\">watch, runtime: 4:46<\/a>). Tiba-1 was set to launch on Friday, but was delayed for 24 hours after the technician in charge of calibrating the power supply required more time, Egyptian Space Agency head Mohamed El Qousy told Abu Bakr. Another attempt was scheduled for yesterday.<\/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\/archaeology\/\">archaeology<\/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\/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=\"593273\" 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=\"593273\">\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\/11\/24\/everything-you-need-to-know-about-egypts-investment-for-africa-forum-2019\/\">\r\n                            Everything you need to know about Egypt\u2019s Investment for Africa Forum 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 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data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1185.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/1185.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/1185.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593273\" class=\"content-area-description single-story post-593273 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-banque-misr tag-bonds tag-contact-financial tag-debt tag-development tag-diplomacy tag-energy tag-enterpriseam tag-finance tag-infrastructure tag-new-urban-communities-authority tag-smes 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>Everything you need to know about Investment for Africa 2019, including agreements worth a combined USD 3 bn: <\/strong>Eleven agreements <a href=\"https:\/\/hapijournal.com\/2019\/11\/23\/%d8%b9%d8%a7%d8%ac%d9%84-3-%d9%85%d9%84%d9%8a%d8%a7%d8%b1%d8%a7%d8%aa-%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d8%a7%d9%84%d9%82%d9%8a%d9%85%d8%a9-%d8%a7%d9%84%d8%a5%d8%ac%d9%85%d8%a7%d9%84%d9%8a%d8%a9\/\">worth more than USD 3 bn<\/a> were signed during the two-day <a href=\"https:\/\/www.investmentforafrica.com\/\">Investment for Africa Forum<\/a>, which wrapped up yesterday in the new administrative capital, <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1422995451212149\">according to a long readout from cabinet<\/a>.<\/p>\n<p><strong>Egypt and America\u2019s DFC ink USD 430 mn investment accord with Noble: <\/strong>One of the agreements will see the US International Development Finance Corporation (DFC) fund a USD 430 mn plan by Noble to invest in the East Mediterranean Gas Company\u2019s (EMG) subsea pipeline connecting Arish to Israel\u2019s Ashkelon. A separate agreement, also financed by the DFC, involves Noble and Dolphinus jointly manufacturing petroleum products. <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-economy-investment\/egypt-signs-430-million-gas-deal-with-texas-noble-energy-idUSKBN1XX0CU\">Reuters took note of the story<\/a>.<\/p>\n<p><strong>What will be happening to the pipeline?<\/strong> There were few specifics on what the pipeline investment entails. Noble, Israel\u2019s Delek Drilling, and Egypt\u2019s East Gas <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/04\/delek-consortium-egypts-east-gas-acquire-39-stake-of-emg-pipeline\/\">recently acquired<\/a> a 39% stake in EMG, paving the way for the transportation of <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/03\/israel-to-boost-gas-supply-to-egypt-by-34-after-changes-to-landmark-agreement\/\">85.3 bn cubic meters<\/a> of gas into Egypt under a landmark agreement signed in 2018 with Dolphinus.<\/p>\n<p><strong>More than USD 250 mn in funding for energy sector from EBRD:<\/strong> Investment Minister Sahar Nasr and European Bank for Reconstruction and Development (EBRD) President Suma Chakrabarti signed a USD 201 mn agreement to upgrade Egypt\u2019s national electricity grid. A <a href=\"https:\/\/www.ebrd.com\/news\/2019\/ebrd-steps-up-support-for-greener-oil-and-gas-sector-in-egypt-.html\">separate agreement<\/a> signed by both officials will see EBRD provide a USD 50 mn loan to the Suez Oil Processing Company for a new asphalt production line. Lekela Egypt also formally announced during the forum that it has <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/16\/siemens-gamesa-starts-work-on-lekelas-250-mw-west-bakr-wind-plant\/\">started construction<\/a> on the <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/14\/ebrd-ifc-opic-agree-to-finance-usd-252-mn-of-lekela-egypts-250-mw-wind-farm\/\">250 MW wind plant<\/a> in West Bakr in the Gulf of Suez, which is expected to raise Egypt\u2019s wind energy capacity by 18% once completed in 2021.<\/p>\n<p><strong>ITFC signs off on USD 100 loan for Afreximbank: <\/strong>The International Islamic Trade Finance Corporation will provide the African Export-Import Bank (Afreximbank) with a USD 100 mn tranche of a USD 500 mn loan to facilitate import and export transactions between Egypt and African countries, according to the statement.<\/p>\n<p><strong>Egypt signed several other agreements on the sidelines, including:<\/strong><\/p>\n<ul>\n<li><strong>Kuwaiti loan for Sinai development: <\/strong>The Kuwaiti Fund for Arab Economic Development will provide a USD 83 mn (KD 25 mn) loan to fund works on a highway linking North and South Sinai;<\/li>\n<li><strong>USD 50 mn facility from EIB for community-led SMEs: <\/strong>A USD 50 mn facility for the European Investment Bank (EIB) that is part of USD 99 mn program for SMEs development. The EIB <a href=\"https:\/\/www.masrawy.com\/news\/news_economy\/details\/2019\/11\/23\/1675779\/-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A-%D9%8A%D9%88%D9%82%D8%B9-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D8%BA%D8%AF-%D8%A7-%D9%85%D8%B9-%D8%A8%D9%86%D9%83-%D9%85%D8%B5%D8%B1-%D8%A8%D9%80-500-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%8A%D9%88%D8%B1%D9%88#sectionListing\">is expected<\/a> to sign another EUR 500 mn SMEs financing agreement agreement with Banque Misr later today;<\/li>\n<li><strong>USD 43 mn in Chinese grants:<\/strong> The Chinese government will provide USD 43 mn in grants for education, healthcare, and human resource development; and<\/li>\n<li><strong>Two separate economic cooperation MoUs with Angola and Djibouti<\/strong> that will see us involved in more joint projects and increase the frequency of business delegation visits to and from the two African nations.<\/li>\n<\/ul>\n<p><strong>More from the forum, Africa suffers USD 450 bn investment gap:<\/strong> African countries need USD 500 bn of investment annually to achieve their development goals but currently only receive USD 50 bn, UN Assistant Secretary-General Mourad Wahba said during the forum, <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%84%d8%a3%d9%85%d9%8a%d9%86-%d8%a7%d9%84%d9%85%d8%b3%d8%a7%d8%b9%d8%af-%d9%84%d9%84%d8%a3%d9%85%d9%85-%d8%a7%d9%84%d9%85%d8%aa%d8%ad%d8%af%d8%a9-%d8%af%d9%88%d9%84-%d8%a3%d9%81%d8%b1%d9%8a\/\">according to Al Mal<\/a>. The countries receive cash inflows of USD 60 mn that could be translated into development projects, but underdeveloped financial systems in many countries are unable to absorb such quantities of money, Wahba added.<\/p>\n<p><strong>Connecting all 55 African countries via road would need at least USD 200-250 bn and would take 10 years, <\/strong>President Abdel Fattah El Sisi <a href=\"https:\/\/www.masrawy.com\/news\/news_egypt\/details\/2019\/11\/23\/1675784\/%D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%8A-%D8%B1%D8%A8%D8%B7-%D8%AF%D9%88%D9%84-%D8%A3%D9%81%D8%B1%D9%8A%D9%82%D9%8A%D8%A7-%D9%8A%D8%AD%D8%AA%D8%A7%D8%AC-250-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1#sectionListing\">said during his speech<\/a>. Regional integration through trade and infrastructure projects was a key theme of the president\u2019s opening speech, which also <strong>stressed private sector participation and job creation<\/strong>. <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/356408\/Egypt\/Politics-\/Egypts-Sisi-witnesses-inauguration-of-Africa--Foru.aspx\">Ahram Online has a rundown<\/a> of several other key points from the speech. The president also called on international companies and financiers to see Africa as a promising investment prospect, \u201cnot charity work,\u201d Masrawy <a href=\"https:\/\/www.masrawy.com\/news\/news_egypt\/details\/2019\/11\/23\/1675780\/%D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%8A-%D9%86%D8%B9%D9%85%D9%84-%D8%B9%D9%84%D9%89-%D8%AA%D9%86%D9%81%D9%8A%D8%B0-%D8%A8%D9%86%D9%8A%D8%A9-%D8%A3%D8%B3%D8%A7%D8%B3%D9%8A%D8%A9-%D8%AA%D8%B1%D8%A8%D8%B7-50-%D8%AF%D9%88%D9%84%D8%A9-%D8%A3%D9%81%D8%B1%D9%8A%D9%82%D9%8A%D8%A9#sectionListing\">quoted him as saying<\/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\/banque-misr\/\">Banque Misr<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/contact-financial\/\">Contact Financial<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/diplomacy\/\">DIPLOMACY<\/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\/finance\/\">Finance<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-urban-communities-authority\/\">New Urban Communities Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/smes\/\">SMEs<\/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=\"593291\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593292\" 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=\"593292\">\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\/11\/24\/the-egypt-ethiopia-sudan-water-conflict-is-just-one-in-a-long-line-of-struggles-over-the-worlds-most-precious-resource\/\">\r\n                            The Egypt-Ethiopia-Sudan water conflict is just one in a long line of struggles over the world\u2019s most precious resource                        <\/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\/11\/24\/the-egypt-ethiopia-sudan-water-conflict-is-just-one-in-a-long-line-of-struggles-over-the-worlds-most-precious-resource\/\" target=\"_blank\">\n  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data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/the-egypt-ethiopia-sudan-water-conflict-is-just-one-in-a-long-line-of-struggles-over-the-worlds-most-precious-resource\/2897-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/2897.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2897.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/2897.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/2897.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593292\" class=\"content-area-description single-story post-593292 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-dispute-watch tag-enterpriseam tag-ethiopia tag-image-of-the-day tag-sudan tag-war tag-water wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Egypt-Ethiopia-Sudan water conflict is just one in a long line of struggles <\/strong><strong>over the world\u2019s most precious resource:<\/strong> As this chart from the <a href=\"http:\/\/www.worldwater.org\/conflict\/map\/\">Water Conflict Chronology database<\/a> shows, water has played a role in human conflicts throughout recorded history, and, as it becomes ever more scarce, water-related disputes are starting to become increasingly common. The database, maintained since the 1980s by a California-based think-tank, shows three distinct ways that water can be part of conflict: It could be a weapon (a vehicle of poisoning or flooding, causing mass casualties or injuries), a casualty (with water systems being the target of attacks), or the trigger of violence. Unsurprisingly, most of the water-related disputes documented in Egypt involve water as a trigger or root cause of conflict. And a separate study shows that the Nile is one of five rivers in the world most likely to be at the heart of cross-border water disputes, the <a href=\"https:\/\/www.economist.com\/graphic-detail\/2019\/11\/18\/whatever-happened-to-the-water-wars\">Economist reports<\/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\/dispute-watch\/\">dispute watch<\/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\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/war\/\">war<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/water\/\">water<\/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=\"593294\" 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=\"593294\">\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\/11\/24\/egypt-in-the-news-on-24-november\/\">\r\n                            Egypt in the News on 24 November                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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               <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the News on 24 November&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/egypt-in-the-news-on-24-november\/\">\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\/11\/24\/egypt-in-the-news-on-24-november\/&title=Egypt in the News on 24 November\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+24+November+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F24%2Fegypt-in-the-news-on-24-november%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\/11\/24\/egypt-in-the-news-on-24-november\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593294\" class=\"content-area-description single-story post-593294 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-amnesty-international tag-ancient-egypt tag-archaeology tag-china tag-diplomacy tag-egypt-in-the-news tag-enterpriseam tag-history tag-human-rights tag-journalism tag-media tag-mohamed-ali tag-politics tag-terrorism tag-un wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>A major archaeological discovery in Sakkara has top billing in the international <\/strong><strong>press this morning:<\/strong> A trove of hundreds of mummified animals \u2014 including lions, birds, cats and crocodiles \u2014 was uncovered by the Antiquities Ministry yesterday: <a href=\"https:\/\/apnews.com\/9e4dd8a0667d499d89d0ba70b07ba1d6\">Associated Press<\/a>\u2502<a href=\"https:\/\/www.france24.com\/en\/20191123-lion-cub-mummies-feature-in-huge-ancient-egypt-find\">Agence France-Presse<\/a>\u2502<a href=\"https:\/\/www.straitstimes.com\/world\/middle-east\/egypt-unearths-mummified-animals-including-suspected-lions-birds\">Deutsche Presse-Agentur<\/a>\u2502<a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-50531808\">BBC<\/a> \u2502<a href=\"https:\/\/www.rt.com\/news\/474176-lion-bird-mummies-discovered-egypt\/\">RT<\/a>\u2502<a href=\"https:\/\/www.theguardian.com\/science\/2019\/nov\/23\/mummified-lion-cats-rare-finds-egypt-saqqara-animals\">The Guardian<\/a>\u2502<a href=\"https:\/\/www.foxnews.com\/science\/egypt-displays-mummies-cats-lion-cubs-crocodiles-at-famed-pyramid-site\">Fox News<\/a>.<\/p>\n<p><strong>The arrest of Shady Zalat, an editor at Mada Masr, is also getting significant attention:<\/strong> Zalat was detained at his house on Saturday morning and is reportedly being held at Giza police station: <a href=\"https:\/\/apnews.com\/0e2ebae9d0d24e028e28007e6ee90175\">Associated Press<\/a>\u2502<a href=\"https:\/\/www.devdiscourse.com\/article\/international\/755725-egypt-news-outlet-says-editor-arrested\">Agence France-Presse<\/a>\u2502<a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/egypt-detains-journalist-from-one-of-last-independent-news-outlets\/2019\/11\/23\/40cef69e-0e11-11ea-8054-289aef6e38a3_story.html\">Washington Post<\/a>\u2502<a href=\"https:\/\/www.dw.com\/en\/independent-egyptian-media-outlet-mada-masr-says-editor-detained\/a-51381942\">Deutsche Welle<\/a>.<\/p>\n<p><strong>Amnesty International published two statements on Egypt over the weekend:<\/strong> <a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2019\/11\/egypt-aisha-el-shater-critically-ill-amid-torture-and-denial-of-medical-treatment-in-prison\/\">One alleges<\/a> that the daughter of senior Ikhwan leader Khairat El Shater is \u201ccritically ill\u201d and being denied medical treatment in prison, while <a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2019\/11\/un-appointing-egypt-to-co-lead-global-counter-terrorism-review-will-have-catastrophic-consequences-for-human-rights\/\">the other suggests<\/a> that appointing Egypt to co-lead the the review of the UN\u2019s Global Counter-Terrorism Strategy could have \u201ccatastrophic consequences.\u201d<\/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\/ancient-egypt\/\">Ancient Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/archaeology\/\">archaeology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/history\/\">History<\/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\/journalism\/\">journalism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/media\/\">media<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-ali\/\">Mohamed Ali<\/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\/terrorism\/\">terrorism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/un\/\">UN<\/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=\"593295\" 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=\"593295\">\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\/11\/24\/eni-to-bring-third-baltim-south-west-well-online-by-the-end-of-the-year\/\">\r\n                            Eni to bring third Baltim South West well online by the end of the year                        <\/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\/11\/24\/eni-to-bring-third-baltim-south-west-well-online-by-the-end-of-the-year\/\" 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\/11\/24\/eni-to-bring-third-baltim-south-west-well-online-by-the-end-of-the-year\/')\">\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\/11\/24\/eni-to-bring-third-baltim-south-west-well-online-by-the-end-of-the-year\/\">\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=Eni to bring third Baltim South West well online by the end of the year&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/eni-to-bring-third-baltim-south-west-well-online-by-the-end-of-the-year\/\">\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\/11\/24\/eni-to-bring-third-baltim-south-west-well-online-by-the-end-of-the-year\/&title=Eni to bring third Baltim South West well online by the end of the year\">\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=Eni+to+bring+third+Baltim+South+West+well+online+by+the+end+of+the+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F24%2Feni-to-bring-third-baltim-south-west-well-online-by-the-end-of-the-year%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\/11\/24\/eni-to-bring-third-baltim-south-west-well-online-by-the-end-of-the-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593295\" class=\"content-area-description single-story post-593295 post type-post status-publish format-standard hentry category-energy tag-bp tag-egyptian-general-petroleum-corporation tag-energy tag-eni tag-enterpriseam tag-oil-and-gas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Eni will link the third well in its Baltim South West field to the national grid by the end of the year, a source in the oil sector <a href=\"https:\/\/alborsaanews.com\/2019\/11\/23\/1268368\">told the local press<\/a>. This will raise gas output by another 100 mcf\/d to 290 mcf\/d, and increase condensate production by 650 bbl\/d to 1950 bbl\/d. The three remaining wells <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/06\/bp-eni-begin-production-from-two-baltim-south-west-field-in-egypts-delta\/\">are expected to come online<\/a> by the end of 2Q2020, bringing total gas production to 500 mcf\/d. Eni, which holds a 50% stake with EGPC through its IEOC joint venture, estimated the field to hold 1 tcf of natural gas when it was discovered in 2016. BP holds the remaining 50% stake.<\/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\/bp\/\">BP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-general-petroleum-corporation\/\">Egyptian General Petroleum Corporation<\/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\/eni\/\">Eni<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593297\" 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=\"593297\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/raya-trade-to-launch-washing-machine-production-line-in-1q2020\/\">\r\n                            Raya Trade to launch washing machine production line in 1Q2020                        <\/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\/11\/24\/raya-trade-to-launch-washing-machine-production-line-in-1q2020\/\" 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\/11\/24\/raya-trade-to-launch-washing-machine-production-line-in-1q2020\/')\">\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\/11\/24\/raya-trade-to-launch-washing-machine-production-line-in-1q2020\/\">\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=Raya Trade to launch washing machine production line in 1Q2020&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/raya-trade-to-launch-washing-machine-production-line-in-1q2020\/\">\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\/11\/24\/raya-trade-to-launch-washing-machine-production-line-in-1q2020\/&title=Raya Trade to launch washing machine production line in 1Q2020\">\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=Raya+Trade+to+launch+washing+machine+production+line+in+1Q2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F24%2Fraya-trade-to-launch-washing-machine-production-line-in-1q2020%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\/11\/24\/raya-trade-to-launch-washing-machine-production-line-in-1q2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593297\" class=\"content-area-description single-story post-593297 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-investment-watch tag-manufacturing tag-raya-trade tag-samsung tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Raya Holding subsidiary Raya Trade is launching a washing machine production line at an unnamed local company\u2019s factor in 1Q2020, <a href=\"https:\/\/almalnews.com\/%d8%b1%d8%a7%d9%8a%d8%a9-%d9%84%d9%84%d8%aa%d9%88%d8%b2%d9%8a%d8%b9-%d8%aa%d8%a8%d8%af%d8%a3-%d8%a5%d9%86%d8%aa%d8%a7%d8%ac-%d8%ba%d8%b3%d8%a7%d9%84%d8%a7%d8%aa-%d8%b3%d8%a7%d9%85%d8%b3\/\">Al Mal reports<\/a>. The production line will see machines manufactured under the Samsung trademark in accordance with a EUR 4 mn agreement, and will source 60% of its components locally.<\/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\/investment-watch\/\">investment watch<\/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\/raya-trade\/\">Raya Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/samsung\/\">Samsung<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593298\" 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=\"593298\">\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\/2019\/11\/24\/nuca-almanar-partner-on-greenland-compound-in-sixth-of-october\/\">\r\n                            NUCA, Almanar partner on Greenland compound in Sixth of October                        <\/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\/11\/24\/nuca-almanar-partner-on-greenland-compound-in-sixth-of-october\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/x.com\/intent\/post?text=NUCA, Almanar partner on Greenland compound in Sixth of October&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/nuca-almanar-partner-on-greenland-compound-in-sixth-of-october\/\">\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\/11\/24\/nuca-almanar-partner-on-greenland-compound-in-sixth-of-october\/&title=NUCA, Almanar partner on Greenland compound in Sixth of October\">\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=NUCA%2C+Almanar+partner+on+Greenland+compound+in+Sixth+of+October+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F24%2Fnuca-almanar-partner-on-greenland-compound-in-sixth-of-october%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\/11\/24\/nuca-almanar-partner-on-greenland-compound-in-sixth-of-october\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593298\" class=\"content-area-description single-story post-593298 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-housing tag-new-urban-communities-authority tag-real-estate 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 Urban Communities Authority has signed a partnership agreement with <a href=\"https:\/\/almanareg.com\/%d8%b9%d9%86-%d8%a7%d9%84%d9%85%d9%86%d8%a7%d8%b1\/\">Almanar Urban Development<\/a> to build a EGP 1.3 bn residential compound in Sixth of October\u2019s Ganoub El Ahyaa area, according to <a href=\"https:\/\/bit.ly\/2OEg9dP\">a cabinet statement<\/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\/housing\/\">housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-urban-communities-authority\/\">New Urban Communities Authority<\/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                            <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=\"593300\" 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=\"593300\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/grand-egyptian-museum-open-for-management-tender-bids-until-december\/\">\r\n                            Grand Egyptian Museum open for management tender bids until December                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/grand-egyptian-museum-open-for-management-tender-bids-until-december\/\" 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\/11\/24\/grand-egyptian-museum-open-for-management-tender-bids-until-december\/')\">\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\/11\/24\/grand-egyptian-museum-open-for-management-tender-bids-until-december\/\">\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=Grand Egyptian Museum open for management tender bids until December&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/grand-egyptian-museum-open-for-management-tender-bids-until-december\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/grand-egyptian-museum-open-for-management-tender-bids-until-december\/&title=Grand Egyptian Museum open for management tender bids until December\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Grand+Egyptian+Museum+open+for+management+tender+bids+until+December+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F24%2Fgrand-egyptian-museum-open-for-management-tender-bids-until-december%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/grand-egyptian-museum-open-for-management-tender-bids-until-december\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593300\" class=\"content-area-description single-story post-593300 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-governance tag-grand-egyptian-museum tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Companies bidding for the tender to manage the Grand Egyptian Museum (GEM) will need to submit their final bids by 15 December, GEM\u2019s general supervisor and army general, Atef Moftah said, <a href=\"https:\/\/almalnews.com\/%d9%85%d9%81%d8%aa%d8%a7%d8%ad-%d8%a7%d8%b3%d8%aa%d9%82%d8%a8%d8%a7%d9%84-%d8%b9%d8%b1%d9%88%d8%b6-%d8%a7%d9%84%d8%aa%d8%ad%d8%a7%d9%84%d9%81%d8%a7%d8%aa-%d8%a7%d9%84%d9%86%d9%87%d8%a7%d8%a6%d9%8a\/\">according to Al Mal<\/a>. The winning bid will then be announced within two-and-a-half months, Moftah said. Five consortiums made up of Egyptian, British, Italian, French, and American companies <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/14\/tender-booklet-for-grand-egyptian-museum-management-ready\/\">have placed bids<\/a>, and a UAE-based company has applied on its own.<\/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\/governance\/\">governance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/grand-egyptian-museum\/\">Grand Egyptian Museum<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593301\" 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=\"593301\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/cairo-3a-looking-for-egp-1-bn-loan-from-egyptian-banks\/\">\r\n                            Cairo 3A looking for EGP 1 bn loan from Egyptian banks                        <\/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\/11\/24\/cairo-3a-looking-for-egp-1-bn-loan-from-egyptian-banks\/\" 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\/11\/24\/cairo-3a-looking-for-egp-1-bn-loan-from-egyptian-banks\/')\">\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\/11\/24\/cairo-3a-looking-for-egp-1-bn-loan-from-egyptian-banks\/\">\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=Cairo 3A looking for EGP 1 bn loan from Egyptian banks&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/cairo-3a-looking-for-egp-1-bn-loan-from-egyptian-banks\/\">\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\/11\/24\/cairo-3a-looking-for-egp-1-bn-loan-from-egyptian-banks\/&title=Cairo 3A looking for EGP 1 bn loan from Egyptian banks\">\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=Cairo+3A+looking+for+EGP+1+bn+loan+from+Egyptian+banks+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F24%2Fcairo-3a-looking-for-egp-1-bn-loan-from-egyptian-banks%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\/11\/24\/cairo-3a-looking-for-egp-1-bn-loan-from-egyptian-banks\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593301\" class=\"content-area-description single-story post-593301 post type-post status-publish format-standard hentry category-banking-finance tag-agriculture tag-banking-finance tag-enterpriseam tag-fb tag-food wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Cairo 3A Poultry is in talks with local banks for a EGP 1 bn loan to finance its expansion plans once it finalizes the EGP 500 mn acquisition of Pyramid Poultry, sources close to the matter tell <a href=\"https:\/\/almalnews.com\/%d9%83%d8%a7%d9%8a%d8%b1%d9%88-%d8%ab%d8%b1%d9%89-%d8%a5%d9%8a%d9%87-%d8%aa%d9%81%d8%a7%d9%88%d8%b6-%d8%a8%d9%86%d9%88%d9%83%d9%8b%d8%a7-%d9%84%d8%a7%d9%82%d8%aa%d8%b1%d8%a7%d8%b6-%d9%85\/\">Al Mal<\/a>. The banks include CIB, the Arab African International Bank, and an unnamed state-owned bank.<\/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\/agriculture\/\">agriculture<\/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\/fb\/\">F&amp;B<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/food\/\">food<\/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=\"593304\" 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=\"593304\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/egypt-wins-u-23-african-nations-cup\/\">\r\n                            Egypt wins U-23 African Nations Cup                        <\/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\/11\/24\/egypt-wins-u-23-african-nations-cup\/\" 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\/11\/24\/egypt-wins-u-23-african-nations-cup\/')\">\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\/11\/24\/egypt-wins-u-23-african-nations-cup\/\">\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 wins U-23 African Nations Cup&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/egypt-wins-u-23-african-nations-cup\/\">\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\/11\/24\/egypt-wins-u-23-african-nations-cup\/&title=Egypt wins U-23 African Nations Cup\">\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+wins+U-23+African+Nations+Cup+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F24%2Fegypt-wins-u-23-african-nations-cup%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\/11\/24\/egypt-wins-u-23-african-nations-cup\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593304\" class=\"content-area-description single-story post-593304 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt\u2019s national football team won on Friday the U-23 African Cup of Nations, after defeating C\u00f4te d\u2019Ivoire 2-1 in the final, <a href=\"https:\/\/www.kingfut.com\/2019\/11\/22\/sobhi-egypt-champions\/\">according to King Fut<\/a>. Karim El-Eraky and Ramadan Sobhi each scored a goal. Egypt had earlier secured a place at the 2020 Tokyo Olympics, after winning in the semi-final against South Africa.<\/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\/sports\/\">sports<\/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=\"593305\" 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=\"593305\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/egyptian-adventurer-plans-900-km-triathlon-to-raise-awareness-about-plastic-waste\/\">\r\n                            Egyptian adventurer plans 900 km triathlon to raise awareness about plastic waste                        <\/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\/11\/24\/egyptian-adventurer-plans-900-km-triathlon-to-raise-awareness-about-plastic-waste\/\" 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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His initiative is meant to raise awareness about plastic waste in Egypt, reports <a href=\"https:\/\/www.arabnews.com\/node\/1588326\/middle-east\">Arab News<\/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\/plastic\/\">plastic<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/red-sea\/\">Red Sea<\/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=\"593306\" 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=\"593306\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/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\/11\/24\/the-market-yesterday-253\/\">\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\/11\/24\/the-market-yesterday-253\/\" 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\/11\/24\/the-market-yesterday-253\/')\">\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\/11\/24\/the-market-yesterday-253\/\">\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\/11\/24\/the-market-yesterday-253\/\">\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\/11\/24\/the-market-yesterday-253\/&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%2F11%2F24%2Fthe-market-yesterday-253%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\/11\/24\/the-market-yesterday-253\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593306\" class=\"content-area-description single-story post-593306 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 16.05 | Sell 16.17<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 16.05 | Sell 16.15<\/p>\n<p> <strong>EGP \/ USD at NBE: <\/strong>Buy 16.05 | Sell 16.15<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 14,095 (-0.9%)<\/p>\n<p> <strong>Turnover:<\/strong> EGP 619 mn (14% below the 90-day average)<\/p>\n<p> <strong>EGX 30 year-to-date<\/strong>: +8.1%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session down 0.9%. CIB, the index\u2019s heaviest constituent, ended down 2.1%. EGX30\u2019s top performing constituents were Sidi Kerir Petrochemicals up 2.1%, TMG Holding up 1.0%, and Eastern Company up 0.9%. Thursday\u2019s worst performing stocks were CIB down 2.1%, Credit Agricole down 2.1% and Kima down 1.6%. The market turnover was EGP 619 mn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net short | EGP -14.7 mn<\/p>\n<p> <strong>Regional<\/strong>: Net short | EGP -13.3 mn<\/p>\n<p> <strong>Domestic<\/strong>: Net long | EGP +28.0 mn<\/p>\n<p><strong>Retail<\/strong>: 56.9% of total trades | 55.4% of buyers | 58.4% of sellers<\/p>\n<p> <strong>Institutions<\/strong>: 43.1% of total trades | 44.6% of buyers | 41.6% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 57.77 (-1.4%)<\/p>\n<p> <strong>Brent:<\/strong> USD 63.39 (-0.9%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.67 MMBtu, (+3.8%, December 2019 contract)<\/p>\n<p> <strong>Gold:<\/strong> USD 1,470.50 \/ troy ounce (+0.0%)<\/p>\n<p><strong>TASI:<\/strong> 8,062 (+0.1%) (YTD: +3.0%)<\/p>\n<p> <strong>ADX:<\/strong> 5,041 (-1.0%) (YTD: +2.6%)<\/p>\n<p> <strong>DFM:<\/strong> 2,684 (-0.7%) (YTD: +6.1%)<\/p>\n<p> <strong>KSE Premier Market:<\/strong> 6,313 (+0.0%)<\/p>\n<p> <strong>QE:<\/strong> 10,267 (-0.7%) (YTD: -0.3%)<\/p>\n<p> <strong>MSM:<\/strong> 4,082 (-0.1%) (YTD: -5.6%)<\/p>\n<p> <strong>BB: <\/strong>1,505 (-0.3%) (YTD: +12.6%)<\/p><\/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=\"593307\" 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\/11\/24\/593307\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593307\" class=\"content-area-description single-story post-593307 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: Suez Canal Conference for Investment, organized in cooperation with the <a href=\"https:\/\/www.youm7.com\/story\/2019\/5\/21\/%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%89-%D9%86%D9%86%D8%B8%D9%85-%D9%85%D8%B9-%D9%85%D8%B5%D8%B1-%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1\/4251626\">European Union<\/a>.<\/p>\n<p>November: <a href=\"https:\/\/www.facebook.com\/BEBAEgypt\/\">British Egyptian Business Association<\/a>\u2019s Annual door knock mission, United Kingdom.<\/p>\n<p>November: ITIDA <a href=\"https:\/\/www.youm7.com\/story\/2019\/10\/20\/%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D8%AA%D9%83%D9%86%D9%88%D9%84%D9%88%D8%AC%D9%8A%D8%A7-%D8%A7%D9%84%D9%85%D8%B9%D9%84%D9%88%D9%85%D8%A7%D8%AA-%D8%AD%D8%B3%D9%85-%D9%85%D9%86%D8%A7%D9%82%D8%B5%D8%A9-%D9%85%D8%AC%D9%85%D8%B9%D8%A7%D8%AA-%D8%A5%D8%A8%D8%AF%D8%A7%D8%B9-%D8%A7%D9%84%D8%A5%D9%84%D9%83%D8%AA%D8%B1%D9%88%D9%86%D9%8A%D8%A7%D8%AA-%D8%A3%D9%88%D9%84-%D9%86%D9%88%D9%81%D9%85%D8%A8%D8%B1\/4465587\">to announce<\/a> the winning bid in a tender to manage three new innovation centers.<\/p>\n<p>20-29 November (Wednesday-Friday): <a href=\"http:\/\/www.ciff.org.eg\/\">Cairo International Film Festival<\/a>, Cairo Opera House, Egypt, Cairo, Egypt.<\/p>\n<p>24 November (Sunday): Arabia Investments lawsuit against French Peugeot (after being postponed).<\/p>\n<p>25 November (Monday): <a href=\"https:\/\/www.globaltradematters.org\/\">Global Trade Matters international dialogue on climate neutrality<\/a>, Marriott, Cairo.<\/p>\n<p>25-28 November (Monday-Thursday): <a href=\"http:\/\/africa.sis.gov.eg\/english\/africa-today\/african-news\/north-africa-s-34th-icsoe-to-hold-meeting-on-nov-25-in-aswan\/\">Intergovernmental Committee of Senior Officials and Experts (ICSOE) for North Africa<\/a>, Aswan.<\/p>\n<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%82%d8%b7%d8%a7%d8%b9-%d8%a7%d9%84%d8%a3%d8%b9%d9%85%d8%a7%d9%84-%d9%88%d9%81%d8%af-%d8%b5%d9%8a%d9%86%d9%89-%d9%8a%d8%b2%d9%88%d8%b1-%d9%85%d8%b5%d8%b1-%d8%a7%d9%84%d8%b4%d9%87%d8%b1\/\">A Chinese automotive company delegation will visit Egypt<\/a> to sign an agreement with El Nasr Automotive Manufacturing Company<\/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>1-6 December: <a href=\"https:\/\/en.vietnamplus.vn\/vietnam-to-study-logistics-investment-in-egypt\/163564.vnp\">Vietnamese trade delegation visits Egypt<\/a>.<\/p>\n<p>1-4 December (Sunday-Wednesday): E-payment and Innovative Financial Inclusion Expo and Forum (<a href=\"https:\/\/cairoict.com\/pafix-2019\/\">PAFIX<\/a>), Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>2-3 December (Monday-Tuesday): The irrigation ministers of Egypt, Sudan, and Ethiopia  the second round of Grand Ethiopian Renaissance Dam negotiations in Washington, DC.<\/p>\n<p>3 December (Tuesday): Emirates NBD \/ Markit PMI for Egypt released.<\/p>\n<p>3-6 December (Tuesday-Friday): <a href=\"http:\/\/www.cairowoodshow.com\/\">Cairo WoodShow<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>4 December (Wednesday): Subscription to the Aramco IPO will begin (expected).<\/p>\n<p>5-7 December (Thursday-Saturday): <a href=\"https:\/\/riseupsummit.com\/home\">RiseUp Summit<\/a>, American University in Cairo, New Cairo Campus<\/p>\n<p>8 December (Sunday): <a href=\"https:\/\/www.facebook.com\/events\/725969441185708\/\">Pitch by the Pyramids<\/a>, Giza Pyramids<\/p>\n<p>8-9 December (Sunday-Monday): <a href=\"https:\/\/almalnews.com\/%d8%a5%d8%b7%d9%84%d8%a7%d9%82-%d9%85%d8%a4%d8%aa%d9%85%d8%b1-%d8%a7%d9%84%d8%b1%d8%a4%d8%b3%d8%a7%d8%a1-%d8%a7%d9%84%d8%aa%d9%86%d9%81%d9%8a%d8%b0%d9%8a%d9%8a%d9%86-%d8%a7%d9%84%d8%b3%d8%a7%d8%af\/\">The 6 th CEOs THOUGHTS 2019<\/a>.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.pacprocess-mea.com\/\">Pacprocess Middle East Africa<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa 2019 Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>10 December (Tuesday): <a href=\"https:\/\/hapijournal.com\/2019\/11\/02\/10-%d8%af%d9%8a%d8%b3%d9%85%d8%a8%d8%b1-%d8%a7%d9%86%d8%b7%d9%84%d8%a7%d9%82-%d9%81%d8%b9%d8%a7%d9%84%d9%8a%d8%a7%d8%aa-%d8%a5%d9%8a%d8%ac%d9%8a%d8%a8%d8%aa-%d8%a3%d9%88%d8%aa%d9%88%d9%85%d9%88\/\">Egypt Automotive summit<\/a>, Nile Ritz Carlton, Cairo.<\/p>\n<p>10-11 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>11 December (Wednesday): First day of trading on the Aramco IPO (expected)<\/p>\n<p>12-14 December (Thursday-Saturday): 16 Egyptian real estate development companies will showcase their products at IPS Riyadh, Riyadh, Saudi Arabia<\/p>\n<p>14-17 December (Saturday-Tuesday): <a href=\"https:\/\/wyfegypt.com\/\">World Youth Forum<\/a> 2019, Sharm El Sheikh.<\/p>\n<p>17-21 December (Tuesday-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>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/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>9-12 January 2020 (Tuesday-Sunday): <a href=\"http:\/\/www.plastex-online.com\/\">PLASTEX<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/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>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>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>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\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":593269,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-593268","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"1786db5a-4e24-475a-8a37-6d8be52ef9e9","teaser":"","photo_url":"https:\/\/ent.news\/2021\/6\/321.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Investment for Africa 2019 nets agreements worth USD 3 bn.  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