{"id":593356,"date":"2019-11-26T04:15:26","date_gmt":"2019-11-26T04:15:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=593356"},"modified":"2025-12-16T17:33:53","modified_gmt":"2025-12-16T17:33:53","slug":"tarek-amer-just-got-a-second-term-as-second-bank-governor","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/tarek-amer-just-got-a-second-term-as-second-bank-governor\/","title":{"rendered":"Tarek Amer just got a second term as second bank governor"},"content":{"rendered":"<section id=\"593358\" 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=\"593358\">\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\/26\/what-were-tracking-on-26-november-2019\/\">\r\n                            What we\u2019re tracking on 26 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\/26\/what-were-tracking-on-26-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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After months of quiet speculation, <a href=\"http:\/\/gate.ahram.org.eg\/News\/2329813.aspx\">state media reported<\/a> overnight that President Abdel Fattah El Sisi will give Amer a second term. Ittihadiya has yet to make an announcement on the subject, but eyewitness videos now making the rounds (<a href=\"https:\/\/youtu.be\/G_8_NxHjl0c\">watch, runtime: 0:50<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=tUbreahaObM\">watch, runtime: 1:38<\/a>) show a very happy Amer confirming the news and being loudly celebrated by happy central bank staff.<\/p><p><strong>The move will be widely welcomed by both international investors and the domestic <\/strong><strong>business community.<\/strong> Amer won plaudits for floating the EGP early in his first term and for building reserves while deftly managing monetary policy in the period since the float to ensure Egyptian debt remained \u2018appropriately\u2019 attractive to the carry trade.<\/p><p><strong>What does this mean? <\/strong>In a word: continuity. For starters, it suggests interest rates will keep coming down (if not in December, then during the course of 2020) in line with market expectations. Amer\u2019s reappointment also signals that his amended Central Bank and Banking Act is set to move through the House of Representatives largely in its current form. More interestingly, it means we can expect a burst of activity out of the CBE on other policy fronts from the man who considers himself the chief economic advisor to the president and who now has four years of runway ahead of him.<\/p><p><strong>This will be Amer\u2019s final term: <\/strong>The central bank governor may serve no more two four-year terms under the Banking and Central Bank Act, meaning Amer will leave office in November 2023.<\/p><p><strong>House Speaker Ali Abdel Aal <\/strong><strong><a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1446608\">has called<\/a><\/strong><strong> for an \u201cextraordinary session\u201d on <\/strong><strong>Thursday<\/strong> to discuss Amer\u2019s reappointment, sparking speculation that Thursday could also see MPs discussing a cabinet shuffle.<\/p><p><strong>Speaking of which: Any news of the cabinet shuffle? <\/strong>Nothing new yesterday or overnight, folks. The House is <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/25\/egypts-cabinet-shuffle-expected-very-soon-up-to-12-new-ministers-to-be-sworn-in-6970\/\">widely expected<\/a> to vote on the cabinet change in an urgent assembly as early as tomorrow. State-owned Akhbar Al Youm Chairman Yasser Rizk, who presents himself as being close to El Sisi, was the first to publicly suggest last week that a change-up in cabinet is on its way. Since then, the rumor mill has been in overdrive with speculation on which ministers are exiting stage right.<\/p><p><strong>We know for certain at this point that the Social Solidarity Ministry will get a <\/strong><strong>new minister<\/strong>, as current minister Ghada Waly is leaving for a new post as the executive director of the UNODC. Deputy Minister Nevine El Kabbag and SME Authority head Nevine Gamea are reportedly both in the running to succeed Waly, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=25112019&amp;id=78d7c688-3a7f-4872-8de7-a1a83e401658\">according to Al Shorouk<\/a>. Other cabinet seats that could see new chiefs include trade and industry, health, environment, supply, and agriculture ministries.<\/p><p><strong>In related news: Tax Authority boss Abdel Azim Hussein will be sticking around for <\/strong><strong>another year,<\/strong> after Finance Minister Mohamed Maait <a href=\"https:\/\/alborsaanews.com\/2019\/11\/25\/1269159\">issued a decree<\/a> extending his appointment. Abdel Azim\u2019s new term will begin on 13 December. He was tapped for the role on the same day <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/13\/abdel-azim-hussein-tapped-as-new-tax-authority-head\/\">last year<\/a>.<\/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\/2571.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><a id=\"tldr-story-08\" class=\"content-anchor\"><\/a> <strong>Yesterday was a big day for M&amp;A,<\/strong> with more than <a href=\"https:\/\/www.ft.com\/content\/7d48b156-0faf-11ea-a7e6-62bf4f9e548a\">USD 70 bn in agreements<\/a> signed heading into what will be a quiet end-of-week for markets as America marks Thanksgiving.<\/p><p><strong>Charles Schwab\u2019s USD 26 bn blockbuster buyout of rival TD Ameritrade hogged the headlines:<\/strong> US brokerage firm Charles Schwab yesterday announced plans for a USD 26 bn all-stock acquisition of rival TD Ameritrade, creating a giant brokerage with USD 5 tn in assets under management and 24 mn client accounts. Schwab would acquire USD 1.3 tn in client assets across 12 mn accounts, and around USD 5 bn in annual revenue. The acquisition is slated to close in 2H2020. (<a href=\"https:\/\/www.cnbc.com\/2019\/11\/25\/charles-schwab-to-buy-td-ameritrade-in-a-26-billion-all-stock-deal.html?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=newsletter_axiosmarkets&amp;stream=business\">CNBC<\/a>\u2502<a href=\"https:\/\/apnews.com\/26ac780ca552497aa0087bf022a54b20\">Associated Press<\/a>)<\/p><p><strong>The merger is likely to attract the attention of antitrust regulators.<\/strong> Charles Schwab CEO Walt Bettinger moved to quell analysts\u2019 concerns, pointing out that the new company would control around 11% of AUM in the US retail wealth management industry and account for just 6% of its revenues, <a href=\"https:\/\/www.ft.com\/content\/fac8a498-0ca7-11ea-bb52-34c8d9dc6d84\">the Financial Times reports<\/a>.<\/p><p><strong>This comes amid troubled times for brokerage firms,<\/strong> which have seen their profits squeezed by a new generation of companies offering zero-fee trading. Charles Schwab bowed to pressure earlier this year and <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/03\/what-were-tracking-on-3-october-2019\/\">scrapped commissions<\/a> on all online stock, ETF and options trades, triggering a new phase in an intensifying price war.<\/p><p><strong>Lots and lots of other M&amp;A:<\/strong><\/p><ul>\n<li><strong>LVMH sets record for biggest ever acquisition in the luxury sector:<\/strong> The world\u2019s biggest luxury goods company agreed to buy jeweler Tiffany &amp; Company for <strong>USD 16.2 bn<\/strong>. (<a href=\"https:\/\/www.nytimes.com\/2019\/11\/25\/business\/lvmh-tiffany-deal.html\">New York Times<\/a>)<\/li>\n<li><strong>Novartis buys innovative cholesterol drug company Medicines Co.:<\/strong> Swiss pharma giant Novartis finalized a <strong>USD 9.7 bn<\/strong> agreement to acquire Medicines Co, an experimental biopharma company whose marquee offering is a new technology to combat cholesterol. (<a href=\"https:\/\/www.wsj.com\/articles\/novartis-nears-deal-to-buy-cholesterol-drug-maker-medicines-co-11574535418\">Wall Street Journal<\/a>)<\/li>\n<li><strong>Viagogo bags ticketing rival StubHub:<\/strong> Ebay yesterday agreed to sell ticketing marketplace StubHub to Viagogo for <strong>USD 4.05 bn<\/strong>. (<a href=\"https:\/\/techcrunch.com\/2019\/11\/25\/ebay-to-sell-ticket-marketplace-stubhub-to-viagogo-for-4-05-billion\/\">TechCrunch<\/a>)<\/li>\n<li><strong>Mitsubishi acquires Dutch energy company Eneco:<\/strong> A consortium led by Mitsubishi will pay <strong>EUR 4.1 bn<\/strong> for the state-owned gas and electricity supplier, beating out Royal Dutch Shell and investment firm KKR. (<a href=\"https:\/\/www.ft.com\/content\/9f58486a-0f73-11ea-a7e6-62bf4f9e548a\">Financial Times<\/a>)<\/li>\n<\/ul><p class=\"web-image\"><a href=\"https:\/\/www.ft.com\/content\/10c734f2-0f92-11ea-a225-db2f231cfeae\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/1502.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>Global trade falls in September after two months of growth:<\/strong> Monthly global trade volumes fell 1.3% in September, raising fresh doubts about whether the world economy will stage a recovery next year, <a href=\"https:\/\/www.cpb.nl\/en\/worldtrademonitor\">the Financial Times says<\/a>. <a href=\"https:\/\/www.cpb.nl\/en\/worldtrademonitor\">CPB World Trade Monitor data<\/a> shows a reversal in fortunes for global trade, which until yesterday was fuelling hopes for a 2020 recovery following two consecutive months of growth in July and August. Unsurprisingly, the US and China were the biggest contributors to the declining volumes, with Chinese imports falling 6.9% in September and US imports down 2.1%.<\/p><p><strong>On that note: Global stocks rallied yesterday amid optimism that there is a light at the end of the <\/strong><strong>US-China trade war <\/strong><strong>tunnel<\/strong> in the form of the long-awaited \u201cphase one\u201d trade agreement, <a href=\"https:\/\/www.ft.com\/content\/23921f48-0f2e-11ea-a7e6-62bf4f9e548a\">according to the Financial Times<\/a>. The rally comes after China began implementing changes to its policies against intellectual property theft, which has been one of the many sticking points with the US in resolving the trade war.<\/p><p><strong>Concerns about the US fiscal position are giving gold an extra gleam<\/strong>, writes Rana Faroohar in the <a href=\"https:\/\/www.ft.com\/content\/1377e5ba-0bba-11ea-b2d6-9bf4d1957a67\">Financial Times<\/a>. The cumulative costs of unfunded US pension and healthcare entitlements, defense spending, and interest on federal debt will soon necessitate financially engineered growth from the Fed, eroding confidence in the USD, she argues.<\/p><p>Other business news of note:<\/p><ul>\n<li><strong>South Korean pharma manufacturer SK Biopharma is expected to raise more than <\/strong><strong>USD 850 mn from its upcoming IPO<\/strong>, which is planned to go to market in January, <a href=\"https:\/\/www.ft.com\/content\/4cab5f34-0f51-11ea-a7e6-62bf4f9e548a\">according to the Financial Times<\/a>.<\/li>\n<li><strong>Uber is down and out in London (again): <\/strong>Uber has been stripped of its London license for the second time after the city\u2019s transport regulator found that 14k rides had been taken with drivers using fake identities, <a href=\"https:\/\/www.cnbc.com\/2019\/11\/25\/uber-stripped-of-its-london-license-in-huge-blow-dealt-by-tfl.html\">CNBC reports<\/a>.<\/li>\n<li><strong>And Bitcoin got hammered yesterday amid an ongoing Chinese crypto crackdown:<\/strong> The cryptocurrency shed more than 10% of its value yesterday, hitting its lowest value in six months, a few days after the Chinese central bank warned that it would step up actions against exchanges, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-11-25\/bitcoin-matches-record-losing-run-in-fall-to-six-month-low\">Bloomberg reports<\/a>.<\/li>\n<\/ul><hr class=\"grey-line\"><p><strong>Arab League slams US on Israeli settlements:<\/strong> Arab foreign ministers yesterday said that a recent US decision to recognize illegal Israeli settlements in Palestine showed \u201cunprecedented disdain for the international system, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N2854KC\">Reuters reported<\/a> citing MENA. Egyptian Foreign Minister Sameh Shoukry <a href=\"https:\/\/www.facebook.com\/MFAEgyptEnglish\/posts\/2526920087635565?__tn__=K-R\">said that<\/a> expanding the settlements would result in violence and threatens the two state solution.<\/p><p>In other global miscellany:<\/p><ul>\n<li><strong>Hong Kongers swap molotovs for ballot papers:<\/strong> Pro-democracy candidates swept Hong Kong\u2019s local election on Sunday, winning 90% of the city\u2019s 452 seats. Embattled leader Carrie Lam promised to \u201cseriously reflect\u201d on the result. (<a href=\"https:\/\/apnews.com\/5d645be7ba2141be9b75ba09756347ec\">The Associated Press<\/a>)<\/li>\n<li><strong>Netanyahu to remain interim PM during corruption trial:<\/strong> Israel\u2019s attorney general said yesterday that interim PM Benjamin Netanyahu will not be forced to resign from his position while he fights corruption charges. (<a href=\"https:\/\/apnews.com\/3b02f97ee7bf4e2a8f576b1b9df2dd1b\">The Associated Press<\/a>)<\/li>\n<li><strong>Leaked documents lift veil on Chinese internment camps:<\/strong> Classified documents have revealed that the Chinese government is using AI-based surveillance to preemptively detain ethnic Uighurs and forcibly re-educate them. (<a href=\"https:\/\/apnews.com\/4ab0b341a4ec4e648423f2ec47ea5c47\">The Associated Press<\/a>)<\/li>\n<li><strong>The troubled relationship between the US and Turkey is likely to come under further strain<\/strong> as Erdogan tests his brand new Russian S-400 air defense system. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-11-25\/turkey-begins-testing-s-400-missiles-radar-system-in-ankara?srnd=premium-middle-east\">Bloomberg<\/a>)<\/li>\n<\/ul><hr class=\"grey-line\"><p><strong>PSA- We\u2019re looking at warmer temps and maybe some rain or dust:<\/strong> The Egyptian Meteorological Authority <a href=\"https:\/\/www.google.com\/url?q=http:\/\/ema.gov.eg\/pdf\/db.png&amp;sa=D&amp;ust=1574720981239000&amp;usg=AFQjCNHfI-dGKpicZTk0XO49-neredyOgg\">has forecasted<\/a> a rise in temperature for the next three days, possibly accompanied by rain, dust, and wind.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span 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photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593360\" class=\"content-area-description single-story post-593360 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-debt tag-digitization tag-education tag-energy tag-eni tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-fitch-ratings tag-moves tag-muslim-brotherhood tag-oil-and-gas tag-religion tag-tarek-amer wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The two biggest stories in Egypt\u2019s print media yesterday also made it to the airwaves. <\/strong>Tarek Amer\u2019s reappointment as central bank governor and Fitch\u2019s latest FX rating both earned screen time, as did the government\u2019s financial inclusion strategy and the president\u2019s meeting with Eni chief Claudio Descalzi.<\/p>\n<p><strong>Story du jour #1: Tarek Amer earns himself another four-year stint at the helm of the <\/strong><strong>Central Bank of Egypt.<\/strong> President Abdel Fattah El Sisi was reported yesterday to have handed Central Bank Governor Tarek Amer a second four-year term, Al Hayah Al Youm\u2019s Khaled Abu Bakr noted (<a href=\"https:\/\/www.youtube.com\/watch?v=zaRNM66lkxI\">watch, runtime: 8:58<\/a>). We have more in this morning\u2019s What We\u2019re Tracking Today, above.<\/p>\n<p><strong>Story du jour #2: Fitch affirms Egypt\u2019s credit rating: <\/strong>El Hekaya\u2019s Amr Adib had a lengthy segment discussing Fitch Ratings\u2019 decision to leave Egypt\u2019s B+ long-term foreign-currency credit rating on hold (<a href=\"https:\/\/www.youtube.com\/watch?v=A1E-XNNVAks\">watch, runtime: 16:26<\/a>). Hona Al Asema\u2019s Reham Ibrahim spoke to economist Abdel Monein El Sayed, who implied that the rating doesn\u2019t do justice to recent economic indicators (<a href=\"https:\/\/www.youtube.com\/watch?v=OAZW6DVgIk8\">watch, runtime: 5:06<\/a>). Again, we have the full story in Speed Round, below.<\/p>\n<p><strong>Financial inclusion 101: <\/strong>Al Hayah Al Youm\u2019s Khaled Abu Bakr sat down with ICT expert Waleed Abdel Maksoud and economist Karim El Omda for a primer on the paperless, cashless economy (<a href=\"https:\/\/www.youtube.com\/watch?v=dICfNXfY_2g\">watch, runtime: 4:30<\/a>). El Omda simplified the buzzword \u2018digital transformation\u2019 as the gradual process of doing away with paper documents and banknotes, in favor of using computers. He also discussed the government\u2019s push for \u2018financial inclusion\u2019, noting that the proportion of Egyptians with bank accounts rose from 14% to 38% between 2014 and 2018 as a result of a government-backed plan.<\/p>\n<p><strong>El Sisi, Eni CEO Descalzi discuss oil and gas work in Egypt: <\/strong>President Abdel Fattah El Sisi sat down yesterday with Eni CEO Claudio Descalzi for <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/745505905968792\">a periodic review<\/a> of the company\u2019s oil and gas exploration and production work in Egypt, Ibrahim noted (<a href=\"https:\/\/www.youtube.com\/watch?v=sVGnuFshpOM\">watch, runtime: 1:27<\/a>). The president called on Descalzi to step up the company\u2019s activities, and asked that he commit to specific time frames.<\/p>\n<p><strong>The Grand Mufti isn\u2019t a fan of crypto: <\/strong>Al Kahera Alaan\u2019s Lamees El Hadidi sat down with Grand Mufti Shawki Allam for a discussion on Ikhwani culture \u2014 and Islamic fatwas (non-binding legal opinion) on birth control, egg freezing, and cryptocurrency (<a href=\"https:\/\/www.youtube.com\/watch?v=V7Y7B9qwwz0\">watch, runtime: 22:28<\/a>). Sheikh Allam said the clergy spoke to experts about cryptocurrency and concluded it leads to \u201cignorance, trickery, and fraud.\u201d This is exacerbated by the fact that there is currently no legal framework or regulations to turn to in case of disputes, he added.<\/p>\n<p>Also earning screen time last night:<\/p>\n<ul>\n<li><strong>Egypt\u2019s Smart Guy barred from science lectures at Cairo University:<\/strong> Egypt\u2019s latest prodigal son, a 13-year-old whom <a href=\"https:\/\/www.elwatannews.com\/news\/details\/4439779\">the press<\/a> refers to by his initials A.A.A, has been denied entry to science lectures at Cairo University by \u201chigh level security authorities\u201d after a year-and-a-half of attendance, math professor Hani El Husseini tells El Hekaya (<a href=\"https:\/\/www.youtube.com\/watch?v=ny2KOr9CL70\">watch, runtime: 7:16<\/a>).<\/li>\n<li><strong>Football also got plenty of airtime: <\/strong>El Hadidi sat down with former veteran defender Moustafa Younis and coach Reda Abdel Aal to break down the current state of Egyptian football after the senior team national team flopped in two Afcon qualifiers and the U-23 team secured a place at the 2020 Tokyo Olympics (<a href=\"https:\/\/www.youtube.com\/watch?v=f7TYx7YmmcI\">watch, runtime: 32:54<\/a>). El Hadidi\u2019s other half and ardent Zamalek supporter Adib also took some time to mourn his team\u2019s recent defeat on live TV (<a href=\"https:\/\/www.youtube.com\/watch?v=H3UZ8KieHKU\">watch, runtime: 1:24<\/a>).<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/digitization\/\">digitization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/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\/fitch-ratings\/\">Fitch Ratings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moves\/\">moves<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/muslim-brotherhood\/\">Muslim Brotherhood<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/religion\/\">Religion<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tarek-amer\/\">Tarek Amer<\/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=\"593361\" 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=\"593361\">\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\/26\/fitch-affirms-egypts-long-term-fx-issuer-default-rating-at-b-with-a-stable-outlook\/\">\r\n                            Fitch affirms Egypt\u2019s long-term FX issuer default rating at B+ with a stable outlook                        <\/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\/26\/fitch-affirms-egypts-long-term-fx-issuer-default-rating-at-b-with-a-stable-outlook\/\" 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\/26\/fitch-affirms-egypts-long-term-fx-issuer-default-rating-at-b-with-a-stable-outlook\/')\">\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\/26\/fitch-affirms-egypts-long-term-fx-issuer-default-rating-at-b-with-a-stable-outlook\/\">\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=Fitch affirms Egypt\u2019s long-term FX issuer default rating at B+ with a stable outlook&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/fitch-affirms-egypts-long-term-fx-issuer-default-rating-at-b-with-a-stable-outlook\/\">\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\/26\/fitch-affirms-egypts-long-term-fx-issuer-default-rating-at-b-with-a-stable-outlook\/&title=Fitch affirms Egypt\u2019s long-term FX issuer default rating at B+ with a stable outlook\">\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=Fitch+affirms+Egypt%E2%80%99s+long-term+FX+issuer+default+rating+at+B%2B+with+a+stable+outlook+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Ffitch-affirms-egypts-long-term-fx-issuer-default-rating-at-b-with-a-stable-outlook%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\/26\/fitch-affirms-egypts-long-term-fx-issuer-default-rating-at-b-with-a-stable-outlook\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/178.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"593362\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/fitch-affirms-egypts-long-term-fx-issuer-default-rating-at-b-with-a-stable-outlook\/178-jpg-20\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/178.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"178.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/178.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/178.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593361\" class=\"content-area-description single-story post-593361 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Fitch Ratings has affirmed Egypt\u2019s long-term foreign-currency issuer default <\/strong><strong>rating at \u2018B+\u2019 with a \u2018stable\u2019 outlook.<\/strong> The agency said that Egypt\u2019s rating affirmation is supported by \u201ca recent track record of economic and fiscal reforms, and improvements to macroeconomic stability and external finances.\u201d On the flipside, Egypt\u2019s \u201cstill large fiscal deficits, high general government debt \/ GDP and weak governance scores (as measured by the World Bank governance indicators\u201d weighed on ratings. Egypt is expected to stay the course on reforms, particularly if we secure a non-loan agreement with the IMF to \u201chelp anchor structural and fiscal reforms,\u201d Fitch says. <a href=\"https:\/\/www.fitchratings.com\/site\/pr\/10102935\">Tap or click here for the full report<\/a>.<\/p>\n<p><strong>Egypt\u2019s GDP is expected to grow at a 5.5% clip, \u201cwith balanced risks to this forecast,\u201d<\/strong> the ratings agency says. Inflation is expected to average 9.5% this year and continue cooling in 2020-2021 to average 8%, while the CBE is expected to maintain positive real interest rates. Fitch sees Egypt\u2019s budget deficit narrowing to 7.6% of GDP during the current fiscal year, and the primary budget surplus recording 2.0%. The government is targeting a deficit of 7.2% this fiscal year. The ratings agency notes that these projections are supported by lower interest payments, but there remains a \u201ccontained risk\u201d that a portion of government-guaranteed debt could crystalize on the state\u2019s balance sheet.<\/p>\n<p><strong>Egypt\u2019s current account deficit is expected to widen in 2021 to 3.2% of GDP<\/strong>, from 2.3% in 2018, \u201cplacing modest downward pressure on foreign reserves and the exchange rate.\u201d The ratings agency still expects the country\u2019s FX reserves to remain sufficient to cover 4.5 months of external payments. Fitch notes that, while Egypt\u2019s net external debt has \u201crisen sharply,\u201d it remains below the median of its B-rated peers.<\/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\/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=\"593369\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593370\" 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=\"593370\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypt-in-the-news-on-26-november-2019\/\">\r\n                            Egypt in the News on 26 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\/26\/egypt-in-the-news-on-26-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypt-in-the-news-on-26-november-2019\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypt-in-the-news-on-26-november-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the News on 26 November 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypt-in-the-news-on-26-november-2019\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypt-in-the-news-on-26-november-2019\/&title=Egypt in the News on 26 November 2019\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+26+November+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fegypt-in-the-news-on-26-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\/26\/egypt-in-the-news-on-26-november-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593370\" class=\"content-area-description single-story post-593370 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-human-rights tag-journalism tag-media tag-politics wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>International reaction to yesterday\u2019s raid on news outlet Mada Masr continues to trickle in:<\/strong> <a href=\"https:\/\/euobserver.com\/tickers\/146706\">EU<\/a><a href=\"https:\/\/euobserver.com\/tickers\/146706\"><\/a><a href=\"https:\/\/euobserver.com\/tickers\/146706\">Observer<\/a> picked up <a href=\"https:\/\/eeas.europa.eu\/headquarters\/headQuarters-homepage\/70891\/statement-spokesperson-raid-mada-masr-media-egypt_en\">a statement<\/a> from an EU foreign relations spokesperson who said the arrests were \u201ccauses for concern.\u201d Meanwhile, former FT Cairo correspondent Borzou Daraghi writes in <a href=\"https:\/\/www.independent.co.uk\/independentpremium\/editors-letters\/egypt-raid-mada-masr-journalists-sisi-press-freedom-a9216841.html\">the Independent<\/a> that the move marks \u201canother dreadful milestone\u201d for the Egyptian press.<\/p>\n<p>Other stories getting international attention:<\/p>\n<ul>\n<li><strong>C<\/strong><strong>hallenge to inheritance laws:<\/strong> Coptic woman Huda Nasrallah has won <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/17\/egypt-in-the-news-on-17-november-2019-6374\/\">her legal battle<\/a> for an equal share of her family\u2019s inheritance (<a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-50544239\">BBC<\/a>)<\/li>\n<li><strong>Court hands death sentences to 2016 attackers: <\/strong>Seven people have been sentenced to death by a Cairo court after being found guilty of orchestrating an attack in 2016 that killed 11 policemen. (<a href=\"https:\/\/apnews.com\/6f11fbd4b3424d2195a7b445e0342483\">Associated Press<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593371\" 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=\"593371\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth Listening<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/\">\r\n                            Back from the brink: How Gourmet Egypt survived the float of the EGP                        <\/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\/26\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/\" 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\/26\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/')\">\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\/26\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/\">\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=Back from the brink: How Gourmet Egypt survived the float of the EGP&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/\">\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\/26\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/&title=Back from the brink: How Gourmet Egypt survived the float of the EGP\">\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=Back+from+the+brink%3A+How+Gourmet+Egypt+survived+the+float+of+the+EGP+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fback-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp%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\/26\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/674.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"593372\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/back-from-the-brink-how-gourmet-egypt-survived-the-float-of-the-egp\/674-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/674.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"674.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/674.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/674.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593371\" class=\"content-area-description single-story post-593371 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-listening tag-devaluation tag-egp tag-enterpriseam tag-making-it tag-podcast tag-worth-listening wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Gourmet and Led Zeppelin have something in common \u2014 A Whole Lotta Love:<\/strong> Jalal Abu Gazaleh built a business by putting love ahead of everything else: A business that customers, employees, and shareholders alike would love. Ten years down the line, it\u2019s clear Abu Gazaleh was onto something: He built Gourmet into a retail powerhouse that survived the EGP by pivoting into food manufacturing. Episode one of Making It, our new weekly podcast on how to build a great business in Egypt, dives deep into Abu Gazaleh\u2019s story.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/podcast\/\">You can listen to the full episode<\/a><\/strong> on our website or find it on <strong><a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/making-it\/id1487974619\">Apple Podcast<\/a><\/strong> or <strong><a href=\"https:\/\/podcasts.google.com\/?feed=aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2L2U3ZjE1ZWYwLWMwOWYtNDFiNi1iZDM4LWFiMDUwMGMwNDVlZi82OTc0ODFkMi04OGRmLTRlYjMtYmY3Mi1hYjA1MDBjMjllOWYvcG9kY2FzdC5yc3M%3D\">Google Podcast<\/a><\/strong><strong>. <\/strong>You can also listen on <strong><a href=\"https:\/\/open.spotify.com\/show\/5kp07MwlL0pk8W8i7thpgB\">Spotify<\/a><\/strong> if you are not in the MENA region. 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\/devaluation\/\">devaluation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egp\/\">EGP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/making-it\/\">Making It<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/podcast\/\">podcast<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-listening\/\">WORTH LISTENING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593373\" 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=\"593373\">\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\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/the-battle-for-nile-water-is-intensifying-and-wealthy-states-are-the-beneficiaries\/\">\r\n                            The battle for Nile water is intensifying, and wealthy states are the beneficiaries                        <\/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\/26\/the-battle-for-nile-water-is-intensifying-and-wealthy-states-are-the-beneficiaries\/\" 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\/26\/the-battle-for-nile-water-is-intensifying-and-wealthy-states-are-the-beneficiaries\/')\">\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\/26\/the-battle-for-nile-water-is-intensifying-and-wealthy-states-are-the-beneficiaries\/\">\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 battle for Nile water is intensifying, and wealthy states are the beneficiaries&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/the-battle-for-nile-water-is-intensifying-and-wealthy-states-are-the-beneficiaries\/\">\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\/26\/the-battle-for-nile-water-is-intensifying-and-wealthy-states-are-the-beneficiaries\/&title=The battle for Nile water is intensifying, and wealthy states are the beneficiaries\">\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+battle+for+Nile+water+is+intensifying%2C+and+wealthy+states+are+the+beneficiaries+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fthe-battle-for-nile-water-is-intensifying-and-wealthy-states-are-the-beneficiaries%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\/26\/the-battle-for-nile-water-is-intensifying-and-wealthy-states-are-the-beneficiaries\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/2236.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"593374\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/the-battle-for-nile-water-is-intensifying-and-wealthy-states-are-the-beneficiaries\/2236-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/2236.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2236.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/2236.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/2236.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593373\" class=\"content-area-description single-story post-593373 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-agriculture tag-enterpriseam tag-saudi-arabia tag-sudan tag-trade tag-uae tag-water tag-worth-reading 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-09\"><\/a> <strong>The battle for Nile water is intensifying:<\/strong> Egypt and Sudan may have access to the Nile and plenty of land for farming, but we\u2019re not the greater beneficiaries of these resources, Justin Scheck and Scott Patterson <a href=\"https:\/\/www.wsj.com\/articles\/exporting-the-nile-outsiders-buy-up-vital-water-supply-11574623318\">write in the Wall Street Journal<\/a>. While Egypt and Sudan both face potentially catastrophic water shortages, exacerbated by soaring population growth (which in Egypt is forecast to grow 20% to 120 mn by 2030, and to 150 mn by 2050), countries including Saudi Arabia and the UAE have made substantial investments in their arable land, where they grow crops for export. In Egypt, these countries hold some 383,000 acres of land, the article states, used to grow a variety of crops, which are then exported back to the Gulf. Both Egypt and Sudan, meanwhile, are big food importers.<\/p>\n<p><strong>In a resource-hungry world, food and water are power:<\/strong> Egypt is now looking for new places to grow food, with a program having been launched in 2015 to expand arable land by over 1.5 mn acres, in which companies from Saudi and the UAE have reportedly bid for land. The owner of one Saudi agricultural company, who is looking at buying farms in Egypt and Sudan says, <strong>\u201cWhen you talk about buying land, you\u2019re not really buying land. You\u2019re buying water.\u201d<\/strong> This is important both to ensure food supplies, and as a means of building regional influence during a time of increasingly scarce resources.<\/p>\n<p><strong>And the pressure keeps growing:<\/strong> Both the availability and quality of Nile water are impacted by developments that include pollution, droughts, industrial farming, the Aswan High Dam, and now the construction of the USD 4.2 bn Grand Ethiopian Renaissance Dam (GERD), which has been heavily financed by China. Egypt uses some 85% of its fresh water for agriculture, with 90% of that water coming from the Nile, but access is increasingly restricted. In the Delta, many small farmers complain that the water is either too scarce or too polluted for them to grow their crops.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593375\" 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=\"593375\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/deforestation-in-the-amazon-underwent-a-massive-reduction-in-the-early-2000s-but-can-it-happen-again\/\">\r\n                            Deforestation in the Amazon underwent a massive reduction in the early 2000s. But can it happen again?                        <\/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\/26\/deforestation-in-the-amazon-underwent-a-massive-reduction-in-the-early-2000s-but-can-it-happen-again\/\" 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\/26\/deforestation-in-the-amazon-underwent-a-massive-reduction-in-the-early-2000s-but-can-it-happen-again\/')\">\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\/26\/deforestation-in-the-amazon-underwent-a-massive-reduction-in-the-early-2000s-but-can-it-happen-again\/\">\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=Deforestation in the Amazon underwent a massive reduction in the early 2000s. But can it happen again?&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/deforestation-in-the-amazon-underwent-a-massive-reduction-in-the-early-2000s-but-can-it-happen-again\/\">\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\/26\/deforestation-in-the-amazon-underwent-a-massive-reduction-in-the-early-2000s-but-can-it-happen-again\/&title=Deforestation in the Amazon underwent a massive reduction in the early 2000s. But can it happen again?\">\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=Deforestation+in+the+Amazon+underwent+a+massive+reduction+in+the+early+2000s.+But+can+it+happen+again%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fdeforestation-in-the-amazon-underwent-a-massive-reduction-in-the-early-2000s-but-can-it-happen-again%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\/26\/deforestation-in-the-amazon-underwent-a-massive-reduction-in-the-early-2000s-but-can-it-happen-again\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2535.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"593376\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/deforestation-in-the-amazon-underwent-a-massive-reduction-in-the-early-2000s-but-can-it-happen-again\/2535-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2535.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2535.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2535.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2535.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593375\" class=\"content-area-description single-story post-593375 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-amazon tag-brazil tag-climate-change tag-commodities tag-enterpriseam tag-environment tag-food tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Deforestation in the Amazon underwent a massive reduction in the early 2000s. <\/strong>The deforestation of the Amazon rainforest, which started in the 1970s, was driven by ranchers who used the land to rear cattle and grow soybeans, fueling rapid economic growth, this Vox video shows (<a href=\"https:\/\/www.vox.com\/2019\/11\/22\/20978579\/amazon-explained-rainforest-brazil-deforestation\">watch, runtime: 11:44<\/a>). Environmental measures put in place by the Brazilian government in the early 2000s included the expansion of protected rainforest from about 28% in 2003 to 47% in 2012. Land not under protection was subject to the forest code, a law that said landowners could only clear 20% of their private land. This was enforced by Ibama, a police agency that could track and fine people for illegal deforestation. At the same time, a global activist movement pressed for greater accountability within the agricultural industry, and countries gave Brazil money to help protect the Amazon. With these measures in place, deforestation rates plunged to a historic low in 2012.<\/p>\n<p><strong>But with key environmental reforms now being rolled back, can it happen again?<\/strong> Starting in the early 2010s, many of these measures have been reversed in a movement driven by the increasingly influential conservative Ruralistas political group, and greatly exacerbated by Jair Bolsonaro, elected president in 2018. Bolsonaro weakened the forest service (which monitors the forest code) by putting it under the jurisdiction of the Agriculture Ministry. He also slashed funding to Ibama, passed a law making it easier for people who illegally seize land to keep it, and has been systematically undermining the environmental ministry. In August 2019, over 30,000 fires were burning in the Amazon \u2014 three times as many as in August 2018.<\/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\/amazon\/\">Amazon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/brazil\/\">Brazil<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/environment\/\">environment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/food\/\">food<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593377\" 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=\"593377\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypts-banque-misr-doubles-smes-credit-line-with-eib\/\">\r\n                            Egypt\u2019s Banque Misr doubles SMEs credit line with EIB                        <\/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\/26\/egypts-banque-misr-doubles-smes-credit-line-with-eib\/\" 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\/26\/egypts-banque-misr-doubles-smes-credit-line-with-eib\/')\">\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\/26\/egypts-banque-misr-doubles-smes-credit-line-with-eib\/\">\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\u2019s Banque Misr doubles SMEs credit line with EIB&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypts-banque-misr-doubles-smes-credit-line-with-eib\/\">\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\/26\/egypts-banque-misr-doubles-smes-credit-line-with-eib\/&title=Egypt\u2019s Banque Misr doubles SMEs credit line with EIB\">\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%E2%80%99s+Banque+Misr+doubles+SMEs+credit+line+with+EIB+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fegypts-banque-misr-doubles-smes-credit-line-with-eib%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\/26\/egypts-banque-misr-doubles-smes-credit-line-with-eib\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593377\" class=\"content-area-description single-story post-593377 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-banking tag-development tag-diplomacy-foreign-trade tag-enterpriseam tag-european-investment-bank tag-finance tag-health tag-smes wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Banque Misr has signed an agreement to double its SMEs financing credit line <\/strong><strong>at the European Investment Bank (EIB) to EUR 1 bn<\/strong>, <a href=\"https:\/\/almalnews.com\/%d8%a8%d9%86%d9%83-%d9%85%d8%b5%d8%b1-%d9%8a%d8%b1%d9%81%d8%b9-%d8%ad%d8%ac%d9%85-%d8%a7%d8%aa%d9%81%d8%a7%d9%82%d9%8a%d8%a7%d8%aa%d9%87-%d9%85%d8%b9-%d8%a7%d9%84%d8%a7%d8%b3%d8%aa%d8%ab%d9%85\/\">Al Mal reports<\/a>. The EIB has just recently extended <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/21\/eib-agrees-eur-500-mn-credit-line-to-banque-misr-to-support-smes\/\">the credit line<\/a>, saying it would support SMEs and midcaps across Egypt. In related news, the EIB is expected to provide EUR 620 mn in financing closer to the end of the year for a wastewater treatment project in Alexandria\u2019s western district, <a href=\"https:\/\/almalnews.com\/%d8%a8%d9%86%d9%83-%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%a7%d8%aa\/\">according to the newspaper<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking\/\">banking<\/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-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/european-investment-bank\/\">European Investment Bank<\/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\/health\/\">health<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593379\" 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=\"593379\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/elsewedy-eetc-ink-egp-687-mn-contract-to-expand-toshka-2-benban-3-substations\/\">\r\n                            Elsewedy, EETC ink EGP 687 mn contract to expand Toshka 2, Benban 3 substations                        <\/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\/26\/elsewedy-eetc-ink-egp-687-mn-contract-to-expand-toshka-2-benban-3-substations\/\" 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\/26\/elsewedy-eetc-ink-egp-687-mn-contract-to-expand-toshka-2-benban-3-substations\/')\">\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\/26\/elsewedy-eetc-ink-egp-687-mn-contract-to-expand-toshka-2-benban-3-substations\/\">\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=Elsewedy, EETC ink EGP 687 mn contract to expand Toshka 2, Benban 3 substations&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/elsewedy-eetc-ink-egp-687-mn-contract-to-expand-toshka-2-benban-3-substations\/\">\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\/26\/elsewedy-eetc-ink-egp-687-mn-contract-to-expand-toshka-2-benban-3-substations\/&title=Elsewedy, EETC ink EGP 687 mn contract to expand Toshka 2, Benban 3 substations\">\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=Elsewedy%2C+EETC+ink+EGP+687+mn+contract+to+expand+Toshka+2%2C+Benban+3+substations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Felsewedy-eetc-ink-egp-687-mn-contract-to-expand-toshka-2-benban-3-substations%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\/26\/elsewedy-eetc-ink-egp-687-mn-contract-to-expand-toshka-2-benban-3-substations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593379\" class=\"content-area-description single-story post-593379 post type-post status-publish format-standard hentry category-energy tag-construction tag-elsewedy-electric tag-energy tag-engineering tag-enterpriseam tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Elsewedy Electric subsidiary Elsewedy Electric for Trading and Distribution has signed a EGP 687 mn contract with the Egyptian Electricity Transmission Company (EETC) to expand the Toshka 2 and Benban 3 substations, Elsewedy said <a href=\"https:\/\/ent.news\/2019\/11\/2804.pdf\">in a statement (pdf)<\/a>. The project, which will be completed in 12 months, is <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1424359471075747\">a precursor<\/a> to implementing a 500 kV transmission line to link the Toshka substation to the Benban solar park in Aswan, which Elsewedy Electric is <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/17\/eetc-awards-three-contracts-for-overhead-benban-toshka-transmission-line-6378\/\">also working on<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/construction\/\">construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/elsewedy-electric\/\">Elsewedy Electric<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/engineering\/\">engineering<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593381\" 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=\"593381\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/construction-of-new-suez-city-west-port-said-to-start-in-2020\/\">\r\n                            Construction of New Suez City, West Port Said to start in 2020                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/construction-of-new-suez-city-west-port-said-to-start-in-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/construction-of-new-suez-city-west-port-said-to-start-in-2020\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/construction-of-new-suez-city-west-port-said-to-start-in-2020\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Construction of New Suez City, West Port Said to start in 2020&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/construction-of-new-suez-city-west-port-said-to-start-in-2020\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/construction-of-new-suez-city-west-port-said-to-start-in-2020\/&title=Construction of New Suez City, West Port Said to start in 2020\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Construction+of+New+Suez+City%2C+West+Port+Said+to+start+in+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fconstruction-of-new-suez-city-west-port-said-to-start-in-2020%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/construction-of-new-suez-city-west-port-said-to-start-in-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593381\" class=\"content-area-description single-story post-593381 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-housing tag-housing-ministry tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt will begin construction works in New Suez City and West Port Said at the beginning of next year, Deputy Housing Minister Khaled Abbas said, according to <a href=\"https:\/\/hapijournal.com\/2019\/11\/24\/%d8%ae%d8%a7%d9%84%d8%af-%d8%b9%d8%a8%d8%a7%d8%b3-%d8%a8%d8%af%d8%a1-%d8%a3%d8%b9%d9%85%d8%a7%d9%84-%d8%aa%d9%86%d9%81%d9%8a%d8%b0-%d9%85%d8%af%d9%8a%d9%86%d8%aa%d9%8a-%d8%a7%d9%84%d8%b3%d9%88%d9%8a\/\">Hapi Journal.<\/a><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/housing\/\">housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/housing-ministry\/\">Housing Ministry<\/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=\"593383\" 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=\"593383\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/\">\r\n                            UBF to establish EGP 40 mn factory to produce for Cinnabon                        <\/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\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/\" 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\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/')\">\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\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/\">\n                    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    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=UBF+to+establish+EGP+40+mn+factory+to+produce+for+Cinnabon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon%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\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593383\" class=\"content-area-description single-story post-593383 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-food-and-beverage tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The United Beverage and Food Company (UBF), Cinnabon\u2019s local agent, is planning to set up a EGP 40 mn factory in 1Q2020 to provide Cinnabon Egypt select production inputs, UBF General Manager Mohamed Nagy <a href=\"https:\/\/alborsaanews.com\/2019\/11\/25\/1268316\">tells the local press<\/a>. The facility, which will be self-financed, is meant to wean Cinnabon Egypt off importing raw materials for its food products and rely instead on locally sourced goods.<\/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\/food-and-beverage\/\">food and beverage<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593384\" 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=\"593384\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/companies-to-build-900-classrooms-by-2020-2021-academic-year-under-ppp-program\/\">\r\n                            Companies to build 900 classrooms by 2020-2021 academic year under PPP program                        <\/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\/26\/companies-to-build-900-classrooms-by-2020-2021-academic-year-under-ppp-program\/\" 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\/26\/companies-to-build-900-classrooms-by-2020-2021-academic-year-under-ppp-program\/')\">\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\/26\/companies-to-build-900-classrooms-by-2020-2021-academic-year-under-ppp-program\/\">\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=Companies to build 900 classrooms by 2020-2021 academic year under PPP program&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/companies-to-build-900-classrooms-by-2020-2021-academic-year-under-ppp-program\/\">\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\/26\/companies-to-build-900-classrooms-by-2020-2021-academic-year-under-ppp-program\/&title=Companies to build 900 classrooms by 2020-2021 academic year under PPP program\">\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=Companies+to+build+900+classrooms+by+2020-2021+academic+year+under+PPP+program+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fcompanies-to-build-900-classrooms-by-2020-2021-academic-year-under-ppp-program%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\/26\/companies-to-build-900-classrooms-by-2020-2021-academic-year-under-ppp-program\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593384\" class=\"content-area-description single-story post-593384 post type-post status-publish format-standard hentry category-health-education tag-construction tag-education tag-enterpriseam tag-health-education tag-public-private-partnership wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Private companies working with the government on the public-private partnership <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/12\/govt-expands-ppp-schools-program-to-1000-and-launches-second-phase-in-dec\/\">program<\/a> to build 1,000 new schools will complete phase one \u2014 approximately 900 classrooms \u2014 by the start of the next academic year, sources said, <a href=\"https:\/\/alborsaanews.com\/2019\/11\/25\/1269087\">according to the local press<\/a>. It\u2019s not clear how many schools will be finished in this period, but sources say that the companies have started to receive land plots for 50 schools. The contracts \u2014 worth EGP 500 mn \u2014 were awarded <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/17\/egypt-government-signs-ppp-schools-deals-with-investors\/\">in January<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/construction\/\">construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/public-private-partnership\/\">public-private partnership<\/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=\"593385\" 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=\"593385\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/ebrd-earmarks-usd-100-200-mn-for-acquisition-development-of-egyptian-hotels\/\">\r\n                            EBRD earmarks USD 100-200 mn for acquisition, development of Egyptian hotels                        <\/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\/26\/ebrd-earmarks-usd-100-200-mn-for-acquisition-development-of-egyptian-hotels\/\" 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\/26\/ebrd-earmarks-usd-100-200-mn-for-acquisition-development-of-egyptian-hotels\/')\">\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\/26\/ebrd-earmarks-usd-100-200-mn-for-acquisition-development-of-egyptian-hotels\/\">\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=EBRD earmarks USD 100-200 mn for acquisition, development of Egyptian hotels&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/ebrd-earmarks-usd-100-200-mn-for-acquisition-development-of-egyptian-hotels\/\">\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\/26\/ebrd-earmarks-usd-100-200-mn-for-acquisition-development-of-egyptian-hotels\/&title=EBRD earmarks USD 100-200 mn for acquisition, development of Egyptian hotels\">\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=EBRD+earmarks+USD+100-200+mn+for+acquisition%2C+development+of+Egyptian+hotels+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Febrd-earmarks-usd-100-200-mn-for-acquisition-development-of-egyptian-hotels%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\/26\/ebrd-earmarks-usd-100-200-mn-for-acquisition-development-of-egyptian-hotels\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593385\" class=\"content-area-description single-story post-593385 post type-post status-publish format-standard hentry category-tourism tag-development tag-enterpriseam tag-tourism tag-travel wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> The European Bank for Reconstruction and Development earmarked USD 100-200 mn to fund hotel acquisitions and development projects in Egypt, <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%84%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d8%a3%d9%88%d8%b1%d9%88%d8%a8%d9%8a-%d9%8a%d8%b1%d8%b5%d8%af-200-%d9%85%d9%84%d9%8a%d9%88%d9%86-%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d9%84%d8%b4\/\">Al Mal<\/a> quotes Deputy Regional Director Khaled Hamza as having said. Hamza did not disclose whether the bank has its eyes on any hotels or locations in particular or what the timeline for the deployment might look like.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/travel\/\">travel<\/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=\"593387\" 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=\"593387\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/shippers-entering-egypt-will-begin-using-canadas-aci-cargo-screening-system\/\">\r\n                            Shippers entering Egypt will begin using Canada\u2019s ACI cargo screening system                        <\/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\/26\/shippers-entering-egypt-will-begin-using-canadas-aci-cargo-screening-system\/\" 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\/26\/shippers-entering-egypt-will-begin-using-canadas-aci-cargo-screening-system\/')\">\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\/26\/shippers-entering-egypt-will-begin-using-canadas-aci-cargo-screening-system\/\">\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=Shippers entering Egypt will begin using Canada\u2019s ACI cargo screening system&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/shippers-entering-egypt-will-begin-using-canadas-aci-cargo-screening-system\/\">\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\/26\/shippers-entering-egypt-will-begin-using-canadas-aci-cargo-screening-system\/&title=Shippers entering Egypt will begin using Canada\u2019s ACI cargo screening system\">\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=Shippers+entering+Egypt+will+begin+using+Canada%E2%80%99s+ACI+cargo+screening+system+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fshippers-entering-egypt-will-begin-using-canadas-aci-cargo-screening-system%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\/26\/shippers-entering-egypt-will-begin-using-canadas-aci-cargo-screening-system\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593387\" class=\"content-area-description single-story post-593387 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam tag-logistics wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Shipping companies will soon be required to supply more detailed cargo data to customs officials prior to arriving in Egyptian ports, Finance Minister Mohamed Maait said <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1425190694325958\">during a meeting<\/a> with Prime Minister Moustafa Madbouly yesterday to review the ministry\u2019s proposed customs procedures. Shippers will begin using a system known as Advance Commercial Information (ACI), a risk management tool introduced by the Canada Border Service Agency in 2004. The system is designed to identify potential health, safety, and security threats posed by inbound shipments.<\/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\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/logistics\/\">logistics<\/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=\"593388\" 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=\"593388\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/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\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/\">\r\n                            Dubai-based Mubasher Holding to seek custodian license in Egypt                        <\/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\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/\" 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\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/')\">\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\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/\">\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=Dubai-based Mubasher Holding to seek custodian license in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/\">\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\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/&title=Dubai-based Mubasher Holding to seek custodian license in Egypt\">\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=Dubai-based+Mubasher+Holding+to+seek+custodian+license+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fdubai-based-mubasher-holding-to-seek-custodian-license-in-egypt%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\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593388\" class=\"content-area-description single-story post-593388 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam tag-financial-services tag-mubasher-capital-holding tag-regulation wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Dubai-based Mubasher Holding plans to apply for a <a href=\"https:\/\/www.investopedia.com\/terms\/c\/custodian.asp\">custodian license<\/a> in Egypt after it last year obtained approvals from the Financial Regulatory Authority to launch a holding company, Mubasher Capital Holding for Financial Services Vice Chairman <a href=\"https:\/\/alborsaanews.com\/2019\/11\/24\/1268747\">Ehab Rashad said<\/a>. The new branch will be up set up by the end of the year with EGP 300 mn in capital.<\/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\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-services\/\">financial services<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mubasher-capital-holding\/\">Mubasher Capital Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593390\" 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=\"593390\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypt-to-launch-egp-70-mn-solid-waste-recycling-facility-in-minya-next-year\/\">\r\n                            Egypt to launch EGP 70 mn solid waste recycling facility in Minya next 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\/26\/egypt-to-launch-egp-70-mn-solid-waste-recycling-facility-in-minya-next-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\/26\/egypt-to-launch-egp-70-mn-solid-waste-recycling-facility-in-minya-next-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\/26\/egypt-to-launch-egp-70-mn-solid-waste-recycling-facility-in-minya-next-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=Egypt to launch EGP 70 mn solid waste recycling facility in Minya next year&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypt-to-launch-egp-70-mn-solid-waste-recycling-facility-in-minya-next-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\/26\/egypt-to-launch-egp-70-mn-solid-waste-recycling-facility-in-minya-next-year\/&title=Egypt to launch EGP 70 mn solid waste recycling facility in Minya next 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=Egypt+to+launch+EGP+70+mn+solid+waste+recycling+facility+in+Minya+next+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fegypt-to-launch-egp-70-mn-solid-waste-recycling-facility-in-minya-next-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\/26\/egypt-to-launch-egp-70-mn-solid-waste-recycling-facility-in-minya-next-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593390\" class=\"content-area-description single-story post-593390 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-manufacturing tag-other-business-news-of-note tag-recycling wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt is set to launch a EGP 70 mn solid waste recycling facility in Minya next January, Environment Minister Yasmine Fouad said, according to<a href=\"https:\/\/almalnews.com\/%d8%aa%d8%af%d8%b4%d9%8a%d9%86-%d9%85%d8%b5%d9%86%d8%b9-%d9%84%d8%a7%d8%b9%d8%a7%d8%af%d8%a9-%d8%aa%d8%af%d9%88%d9%8a%d8%b1-%d8%a7%d9%84%d9%85%d8%ae%d9%84%d9%81%d8%a7%d8%aa-%d9%81%d9%89-%d8%a7%d9%84\/\">Al Mal<\/a>, The facility is being set up in cooperation with Italy, according to Fouad.<\/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\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/recycling\/\">recycling<\/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=\"593391\" 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=\"593391\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypt-creates-guide-for-internal-government-auditing-process\/\">\r\n                            Egypt creates guide for internal government auditing process                        <\/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             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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 creates guide for internal government auditing process&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypt-creates-guide-for-internal-government-auditing-process\/\">\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\/26\/egypt-creates-guide-for-internal-government-auditing-process\/&title=Egypt creates guide for internal government auditing process\">\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+creates+guide+for+internal+government+auditing+process+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fegypt-creates-guide-for-internal-government-auditing-process%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\/26\/egypt-creates-guide-for-internal-government-auditing-process\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593391\" class=\"content-area-description single-story post-593391 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam tag-finance-ministry tag-state-budget wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Finance Ministry has created issued criteria for government auditors to assess during internal audits of government bodies to help ensure state funds are being used efficiently, <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1424934554351572?__tn__=K-R\">according to a cabinet statement<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance-ministry\/\">Finance Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/state-budget\/\">state budget<\/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=\"593393\" 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=\"593393\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/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\/26\/caf-nominates-mo-salah-trezeguet-for-2019-african-player-of-the-year\/\">\r\n                            CAF nominates Mo Salah, Trezeguet for 2019 African Player 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 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   <!-- <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=CAF nominates Mo Salah, Trezeguet for 2019 African Player of the Year&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/caf-nominates-mo-salah-trezeguet-for-2019-african-player-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\/26\/caf-nominates-mo-salah-trezeguet-for-2019-african-player-of-the-year\/&title=CAF nominates Mo Salah, Trezeguet for 2019 African Player 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=CAF+nominates+Mo+Salah%2C+Trezeguet+for+2019+African+Player+of+the+Year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fcaf-nominates-mo-salah-trezeguet-for-2019-african-player-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\/26\/caf-nominates-mo-salah-trezeguet-for-2019-african-player-of-the-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593393\" class=\"content-area-description single-story post-593393 post type-post status-publish format-standard hentry category-_newspack_sports tag-africa tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Confederation of African Football (CAF) has nominated Egyptian football players Mo Salah and Mahmoud Trezeguet, along with 28 other footballers, for the 2019 African Player of the Year Award, <a href=\"https:\/\/www.cafonline.com\/news-center\/news\/list-of-nominees-for-caf-awards-2019-announced\">according to CAF\u2019s website<\/a>. The awards ceremony is set to take place on 7 January in Hurghada.<\/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\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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=\"593394\" 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=\"593394\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/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\/26\/giza-zoo-ticket-price-to-increase-to-egp-65-on-tuesdays\/\">\r\n                            Giza Zoo ticket price to increase to EGP 65 on Tuesdays                        <\/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\/26\/giza-zoo-ticket-price-to-increase-to-egp-65-on-tuesdays\/\" 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\/26\/giza-zoo-ticket-price-to-increase-to-egp-65-on-tuesdays\/')\">\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\/26\/giza-zoo-ticket-price-to-increase-to-egp-65-on-tuesdays\/\">\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=Giza Zoo ticket price to increase to EGP 65 on Tuesdays&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/giza-zoo-ticket-price-to-increase-to-egp-65-on-tuesdays\/\">\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\/26\/giza-zoo-ticket-price-to-increase-to-egp-65-on-tuesdays\/&title=Giza Zoo ticket price to increase to EGP 65 on Tuesdays\">\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=Giza+Zoo+ticket+price+to+increase+to+EGP+65+on+Tuesdays+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F26%2Fgiza-zoo-ticket-price-to-increase-to-egp-65-on-tuesdays%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\/26\/giza-zoo-ticket-price-to-increase-to-egp-65-on-tuesdays\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593394\" class=\"content-area-description single-story post-593394 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Giza Zoo to open its doors on Tuesdays, but tickets will be 13x the regular price:<\/strong> The Giza Zoo administration has decided to open its doors to select groups of visitors from schools or companies on Tuesdays \u2014 the only day each week the zoo is usually closed, <a href=\"https:\/\/almalnews.com\/%d8%ad%d8%af%d8%a7%d8%a6%d9%82-%d8%a7%d9%84%d8%ad%d9%8a%d9%88%d8%a7%d9%86-65-%d8%ac%d9%86%d9%8a%d9%87%d8%a7-%d9%82%d9%8a%d9%85%d8%a9-%d8%aa%d8%b0%d9%83%d8%b1%d8%a9-%d8%a7%d9%84%d8%ab\/\">Al Mal reports<\/a>. The zoo will offer tickets at EGP 65 apiece, which is 13 times the regular price, and will only admit groups who schedule their visits in advance.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593395\" 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=\"593395\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/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\/26\/the-market-yesterday-255\/\">\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\/26\/the-market-yesterday-255\/\" 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\/26\/the-market-yesterday-255\/')\">\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\/26\/the-market-yesterday-255\/\">\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\/26\/the-market-yesterday-255\/\">\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\/26\/the-market-yesterday-255\/&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%2F26%2Fthe-market-yesterday-255%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\/26\/the-market-yesterday-255\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593395\" class=\"content-area-description single-story post-593395 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 16.07 | Sell 16.17<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 16.06 | Sell 16.16<\/p>\n<p> <strong>EGP \/ USD at NBE: <\/strong>Buy 16.05 | Sell 16.15<\/p>\n<p><strong>EGX30 (Mon<\/strong><strong>day<\/strong><strong>):<\/strong> 13,974 (-0.5%)<\/p>\n<p> <strong>Turnover:<\/strong> EGP 549 mn (23% below the 90-day average)<\/p>\n<p> <strong>EGX 30 year-to-date<\/strong>: +7.2%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session down 0.5%. CIB, the index\u2019s heaviest constituent, ended down 0.7%. EGX30\u2019s top performing constituents were Credit Agricole up 1.8%, Orascom Construction up 1.7%, and SODIC up 0.8%. Yesterday\u2019s worst performing stocks were Juhayna down 2.5%, TMG Holding down 2.3% and Egyptian Resorts down 1.9%. The market turnover was EGP 549 mn, and regional investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net long | EGP +16.3 mn<\/p>\n<p> <strong>Regional<\/strong>: Net short | EGP -58.1 mn<\/p>\n<p> <strong>Domestic<\/strong>: Net long | EGP +41.8 mn<\/p>\n<p><strong>Retail<\/strong>: 42.2% of total trades | 43.5% of buyers | 40.8% of sellers<\/p>\n<p> <strong>Institutions<\/strong>: 57.8% of total trades | 56.5% of buyers | 59.2% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 57.94 (-0.1%)<\/p>\n<p> <strong>Brent:<\/strong> USD 63.65 (+0.4%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.52 MMBtu, (-0.4%, December 2019 contract)<\/p>\n<p> <strong>Gold:<\/strong> USD 1,460.20 \/ troy ounce (-0.3%)<\/p>\n<p><strong>TASI:<\/strong> 8,013 (+0.2%) (YTD: +2.4%)<\/p>\n<p> <strong>ADX:<\/strong> 5,091 (+1.0%) (YTD: +3.6%)<\/p>\n<p> <strong>DFM:<\/strong> 2,705 (+0.7%) (YTD: +7.0%)<\/p>\n<p> <strong>KSE Premier Market:<\/strong> 6,421 (+1.3%)<\/p>\n<p> <strong>QE:<\/strong> 10,310 (+0.6%) (YTD: +0.1%)<\/p>\n<p> <strong>MSM:<\/strong> 4,083 (+0.0%) (YTD: -5.6%)<\/p>\n<p> <strong>BB: <\/strong>1,520 (+1.0%) (YTD: +13.7%)<\/p><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593396\" 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\/26\/593396\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593396\" class=\"content-area-description single-story post-593396 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>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>5 January (Sunday): Postponed lawsuit hearing against Peugeot Automobile filed by Cairo for Development and Cars Manufacturing<\/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\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":593357,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-593356","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"b0d274b1-faf0-4c8b-b1a0-814b94d053ca","teaser":"","photo_url":"https:\/\/ent.news\/2020\/3\/345.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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