{"id":593455,"date":"2019-11-28T04:16:03","date_gmt":"2019-11-28T04:16:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=593455"},"modified":"2025-12-16T17:37:26","modified_gmt":"2025-12-16T17:37:26","slug":"corporate-earnings-are-back-to-pre-egp-float-levels-in-usd-terms-making-egyptian-equities-among-the-lowest-priced-in-em","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/corporate-earnings-are-back-to-pre-egp-float-levels-in-usd-terms-making-egyptian-equities-among-the-lowest-priced-in-em\/","title":{"rendered":"Corporate earnings are back to pre-EGP float levels in USD terms, making Egyptian equities among the lowest-priced in EM"},"content":{"rendered":"<section id=\"593457\" 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=\"593457\">\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\/28\/what-were-tracking-on-28-november-2019\/\">\r\n                            What we\u2019re tracking on 28 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\/28\/what-were-tracking-on-28-november-2019\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The story dominated the airwaves last night, so we have detail in Last Night\u2019s Talk Shows and in this morning\u2019s Speed Round, below.<\/p><p><strong>The House of Representatives returns from recess today for an extraordinary <\/strong><strong>session<\/strong> to discuss Tarek Amer\u2019s reappointment to a second term as governor of the Central Bank of Egypt. But don\u2019t expect MPs to debate a cabinet shuffle: Rep. Ehab El Tamawy <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/27\/what-were-tracking-on-27-november-2019-7149\/\">said earlier this week<\/a> that the session is unlikely to extend that far.<\/p><p><strong>Next week is shaping up to be a busy one<\/strong>, with the nation possibly making sense of a cabinet shuffle at the same time as:<\/p><ul>\n<li><strong>The annual <\/strong><strong><a href=\"https:\/\/riseupsummit.com\/home\">RiseUp Summit<\/a><\/strong><strong> kicks off a week from tomorrow<\/strong> at the AUC new campus in New Cairo. The startupfest will run through Saturday, 7 December. <a href=\"https:\/\/riseupsummit.com\/agenda\">Tap or click here<\/a> for the full agenda. RiseUp will be followed by a regional <a href=\"https:\/\/www.facebook.com\/events\/725969441185708\/\">Pitch by the Pyramids<\/a> competition.<\/li>\n<li><strong>China\u2019s <\/strong><strong>Dongfeng Motor Corporation will be in town next week<\/strong> to discuss the possibility of manufacturing electric cars in cooperation with state-owned El Nasr Automotive, according to a <a href=\"https:\/\/ent.news\/2019\/11\/643.pdf\">Public Enterprises Ministry statement (pdf)<\/a>.<\/li>\n<\/ul><ul>\n<li><strong>The purchasing managers\u2019 index for Egypt<\/strong>, the UAE, and Saudi Arabia will be released on Tuesday, 3 December at 6:15am CLT.<\/li>\n<li>The Central Bank of Egypt is expected to release <strong>net foreign reserves figures for November<\/strong> on Wednesday, 4 December.<\/li>\n<li><strong>Monthly inflation figures for November<\/strong> are due on Tuesday, 10 December.<\/li>\n<\/ul><p class=\"web-image\"><a href=\"https:\/\/enterprise.press\/podcast\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/323.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p><p><strong>The second episode of Making It, our new podcast is coming up <\/strong>\u2014 some readers will get a chance to listen this afternoon, others tomorrow at 8am, as we test to see when you folks most want to hear from us on that front. <strong>This week\u2019s guests are a husband and wife team <\/strong>who are building a business together that\u2019s pushing the limits of artificial intelligence.<\/p><p><strong>Did you miss our first episode with <\/strong><strong>Jalal Abu Gazaleh, CEO of Gourmet Egypt? <\/strong><strong><a href=\"https:\/\/enterprise.press\/podcast\/\">Listen here<\/a><\/strong> on our website or find us on <a href=\"https:\/\/podcasts.apple.com\/ca\/podcast\/making-it\/id1487974619\">Apple Podcast<\/a> or <a href=\"https:\/\/podcasts.google.com\/?feed=aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2L2U3ZjE1ZWYwLWMwOWYtNDFiNi1iZDM4LWFiMDUwMGMwNDVlZi82OTc0ODFkMi04OGRmLTRlYjMtYmY3Mi1hYjA1MDBjMjllOWYvcG9kY2FzdC5yc3M%3D\">Google Podcast<\/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><strong>FINANCE STORY OF THE MORNING: In a challenge to the primacy of IPOs, <\/strong><strong>companies may be able to soon <\/strong><strong>raise capital through direct listings:<\/strong> The New York Stock Exchange and Nasdaq are both looking at changes to their listing rules that would allow companies to raise capital through direct listings. If the proposals go through, companies could have a second path through which to raise capital \u2014 one that might be less expensive and faster than an IPO in some circumstances, <a href=\"https:\/\/www.ft.com\/content\/b888570e-1094-11ea-a225-db2f231cfeae\">according to the Financial Times<\/a>. NYSE has already put forward changes to its listing rules that would set a minimum of USD 250 mn for primary direct floor listings, and is currently waiting on approval from the Securities and Exchange Commission. Nasdaq said its own proposal is coming soon.<\/p><p><strong>The story is also getting plenty of ink<\/strong> from the global business press: <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-11-26\/nyse-plans-for-direct-listings-that-offer-capital-raising-option\">Bloomberg<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/nyse-wants-to-let-companies-raise-capital-through-direct-listings-11574893400\">Wall Street Journal<\/a> | <a href=\"https:\/\/www.cnbc.com\/2019\/11\/26\/nyse-proposes-allowing-companies-to-raise-capital-in-direct-listings.html\">CNBC<\/a>.<\/p><p><strong>In a direct listing, companies \u201csimply\u201d list their shares on an exchange <\/strong>without raising capital \u2014 it\u2019s a move that allows existing shareholders to sell into the market, and new shareholders to buy from them. Companies need at least 400 shareholders as the rules stand now before they can do a direct listing.<\/p><p><strong>The transaction became popular after <\/strong><strong><a href=\"https:\/\/www.ft.com\/content\/6ee262ba-a1f5-11e9-974c-ad1c6ab5efd1\">Slack and Spotify tried it<\/a><\/strong> \u2014 and as some quarters of finance criticized investment bankers for \u201cmispricing\u201d offerings that resulted in sellers taking haircuts (too much of a first day \u201cpop\u201d in shares) or buyers taking on over-hyped, overvalued shares (share price tanks out of the gate).<\/p><p><strong>The guys who have done two of three direct listings on the NYSE aren\u2019t sure <\/strong><strong>that this is going to upend the traditional IPO model<\/strong>, with Davis Polk writing in a short (and well worth reading) <a href=\"https:\/\/www.davispolk.com\/files\/2019-11-26_nyse_direct_listing_proposal.pdf\">note to clients (pdf)<\/a> that \u201cunderwritten IPOs are still expected to remain attractive to most companies, particularly as \u201c<strong>traditional IPOs allow stable, long-term holders to buy a significant stake<\/strong> in a company, which may not be possible in a direct listing.<\/p><p><strong>Don\u2019t cry for the investment bankers<\/strong>, Davis Polk suggest: \u201cWhile there would be no underwritten IPO or underwriters [in an IPO] \u2026 existing rules do require that investment banks participate as financial advisors and accept underwriter liability, so that the basic registration and due diligence process will remain largely as it is for underwritten offerings.\u201d<\/p><hr class=\"grey-line\"><p><strong>PSA- Leave those winter clothes in the closet for another few days:<\/strong> <a href=\"http:\/\/ema.gov.eg\/pdf\/db.png\">The Egyptian Meteorological<\/a><a href=\"http:\/\/ema.gov.eg\/pdf\/db.png\">Authority<\/a> says warm temperatures will continue today and tomorrow.<\/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\/nasdaq\/\">Nasdaq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593458\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-k5xd92a\" data-v=\"4\" data-block-id=\"k5xd92a\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-k5xd92a-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-k5xd92a-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-c4kb63h\" data-v=\"4\" data-block-id=\"c4kb63h\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-c4kb63h-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-c4kb63h-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-aqwrpqe\" data-v=\"4\" data-block-id=\"aqwrpqe\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-aqwrpqe-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-aqwrpqe-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-8geo5td\" data-v=\"4\" data-block-id=\"8geo5td\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-8geo5td-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-8geo5td-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" 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33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593459\" 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=\"593459\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/last-nights-talk-shows-for-thursday-28-november-2019\/\">\r\n                            Last night\u2019s talk shows for Thursday, 28 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\/28\/last-nights-talk-shows-for-thursday-28-november-2019\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n    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href=\"https:\/\/api.whatsapp.com\/send?text=Last+night%E2%80%99s+talk+shows+for+Thursday%2C+28+November+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F28%2Flast-nights-talk-shows-for-thursday-28-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\/28\/last-nights-talk-shows-for-thursday-28-november-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593459\" class=\"content-area-description single-story post-593459 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-gender tag-governance tag-law tag-politics tag-terrorism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Yesterday\u2019s appointment of 16 governors and 23 deputies dominated the airwaves. <\/strong>Four of the 16 governors were transferred to new governorates, while 12 were new appointments. We have the story in this morning\u2019s Speed Round, below. <a href=\"https:\/\/www.elwatannews.com\/news\/details\/4444903\">Al Watan<\/a> also has the story.<\/p>\n<p><strong>Most talk shows devoted lengthy segments to the story.<\/strong> All 23 deputy governors are young hires, seven of whom are women, Al Hayah Al Youm\u2019s Khaled Abu Bakr said (<a href=\"https:\/\/www.youtube.com\/watch?v=o50cFl_T0YQ\">watch, runtime: 5:08<\/a>), noting that some had previously taken part in <a href=\"https:\/\/nta.eg\/en\/programs\/presidential-leadership-programs\/\">Presidential Leadership Programs<\/a> geared toward the youth, and have diverse backgrounds. Masaa DMC\u2019s Ramy Radwan narrated the story largely along the same lines (<a href=\"https:\/\/www.youtube.com\/watch?v=oh17K-8Wbjo\">watch, runtime: 9:32<\/a>).<\/p>\n<p><strong>Interviews and phone-ins with the new deputies were the order of the night.<\/strong> All the talk shows provided a platform for various deputy governors to introduce themselves to the nation and declare their ambitions while in office. Giza deputy governor Ibrahim Nagy told Ramy Radwan that his priority is to work on improving government services (<a href=\"https:\/\/www.youtube.com\/watch?v=Iif4euupfsI\">watch, runtime: 5:03<\/a>), while South Sinai deputy Enas Hafez said her aim is to improve Egypt\u2019s Human Development Index in an interview with Yahduth Fi Misr\u2019s Sherif Amer (<a href=\"https:\/\/www.youtube.com\/watch?v=C5CDSAiMqwI\">watch, runtime: 3:19<\/a>). Meanwhile, Alexandria\u2019s new deputy governor, Jakleen Azer, phoned in to TeN TV (<a href=\"https:\/\/www.youtube.com\/watch?v=Q8j5jl7FPZg\">watch, runtime: 5:12<\/a>).<\/p>\n<p><strong>A \u201cvery big\u201d cabinet reshuffle: <\/strong>\u201cThe cabinet reshuffle will be very big, contrary to what\u2019s being propagated [in the media],\u201d Bakryman (whose alter alter ego is MP Moustafa Bakry) said in a phone call on TeN TV (<a href=\"https:\/\/www.youtube.com\/watch?v=IO-wrCyOZmE\">watch, runtime: 2:55<\/a>). \u201cA lot of what\u2019s being published in the media about the shuffle isn\u2019t accurate enough,\u201d he added. Although Bakry didn\u2019t provide a figure, parliamentary sources spoken to by Sherif Amer \u2014 including Deputy Speaker Soliman Wahdan \u2014 said to expect between eight and 10 changes (<a href=\"https:\/\/www.youtube.com\/watch?v=_Yj4Nc-jnTA\">watch, runtime: 3:27<\/a>).<\/p>\n<p><strong>Diversity in the cabinet:<\/strong> Politician Moustafa El Feki told Yahduth Fi Misr\u2019s Sherif Amer that the expected cabinet shuffle should preserve, if not increase, the current level of female representation in government (<a href=\"https:\/\/www.youtube.com\/watch?v=18taLlpnZzo\">watch, runtime: 1:35<\/a>).<strong> Women, El Feki says, are less prone to \u201cfinancial and managerial\u201d corruption than men.<\/strong> El Feki also sees more room for Coptic Christian ministers around the cabinet table. Bakry, meanwhile, hinted that we could be seeing more younger faces around the cabinet table after the shuffle.<\/p>\n<p><strong>Also getting some airtime: <\/strong>A death sentence handed to terrorist Hisham Ashmawy by a military court for attempted murder and terrorism featured on Al Hayah Al Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=65TsjqoTW4o\">watch, runtime: 9:20<\/a>), Masaa DMC (<a href=\"https:\/\/www.youtube.com\/watch?v=Pre0_hyDIuE\">runtime: 6:51<\/a>), and Yahduth Fi Misr (<a href=\"https:\/\/www.youtube.com\/watch?v=uco-t-jPBs8\">watch, runtime<\/a>). The story got plenty of digital ink in foreign news outlets this morning: We have the latest in Egypt in the News, below.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/gender\/\">gender<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/governance\/\">governance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/terrorism\/\">terrorism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593460\" 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=\"593460\">\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\/28\/corporate-earnings-bounce-back-to-pre-float-levels\/\">\r\n                            Corporate earnings bounce back to pre-float levels                        <\/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\/28\/corporate-earnings-bounce-back-to-pre-float-levels\/\" 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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Corporations are now \u201creaping the benefits\u201d of the float after earnings initially took on the chin as inflation soared to highs of 33%. Now, with inflation decelerating rapidly, FX reserves at an all-time high, and the economy growing at more than 5.6% this year, earnings are catching up. This change \u201creflect[s] the adjustment the economy has gone through and investors\u2019 improved perception\u201d of the country, says Andrew Schultz, head of Africa strategy and sales at Investec Bank.<\/p>\n<p><strong>Egyptian equities are now really worth a look<\/strong>, Bloomberg argues: \u201cRising profit expectations are making Egyptian stocks [less expensive] to own. The EGX 30 Index trades at 8.3 times projected 12-month earnings, <strong>one of the lowest valuations in emerging markets<\/strong>.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/central-bank-of-egypt\/\">Central Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/currencies\/\">currencies<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/earnings\/\">earnings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kenya\/\">Kenya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nigeria\/\">Nigeria<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593480\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593481\" 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=\"593481\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/em-renewable-energy-investment-down-20-in-2018-bloombergnef\/\">\r\n                            EM renewable energy investment down 20% in 2018 -BloombergNEF                        <\/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\/28\/em-renewable-energy-investment-down-20-in-2018-bloombergnef\/\" 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\/28\/em-renewable-energy-investment-down-20-in-2018-bloombergnef\/')\">\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\/28\/em-renewable-energy-investment-down-20-in-2018-bloombergnef\/\">\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=EM renewable energy investment down 20% in 2018 -BloombergNEF&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/em-renewable-energy-investment-down-20-in-2018-bloombergnef\/\">\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\/28\/em-renewable-energy-investment-down-20-in-2018-bloombergnef\/&title=EM renewable energy investment down 20% in 2018 -BloombergNEF\">\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=EM+renewable+energy+investment+down+20%25+in+2018+-BloombergNEF+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F28%2Fem-renewable-energy-investment-down-20-in-2018-bloombergnef%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\/28\/em-renewable-energy-investment-down-20-in-2018-bloombergnef\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/681.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"593482\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/em-renewable-energy-investment-down-20-in-2018-bloombergnef\/681-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/681.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"681.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/681.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/681.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593481\" class=\"content-area-description single-story post-593481 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-climate-change tag-emerging-markets tag-energy tag-enterpriseam tag-environment tag-finance tag-green-energy tag-investment-watch tag-renewable-energy tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>EM renewable energy investment down 20% in 2018 -BloombergNEF:<\/strong> New renewable energy investment in emerging markets fell to USD 133 bn in 2018, down from USD 169 bn the previous year, according to <a href=\"https:\/\/ent.news\/2019\/11\/730.pdf\">a Climatescope report (pdf)<\/a> by BloombergNEF. The drop-off in investment occurred in the three biggest markets: China, India and Brazil. China \u2014 which accounts for two-thirds of all green investment in EMs \u2014 was the biggest contributor, with investment falling by USD 36 bn to USD 86 bn. Financing in India fell by USD 2.4 bn and Brazil by USD 2.7 bn.<\/p>\n<p><strong>It\u2019s a different story outside the big three markets:<\/strong> Green investment rose USD 4 bn to USD 34 bn in other EMs, led by Vietnam, South Africa, Mexico and Morocco. Solar and wind both saw record levels of investment, hitting USD 19 bn up from only USD 5 bn in 2013.<\/p>\n<p><strong>Record FDI in clean energy:<\/strong> Foreign direct investment into clean energy sources hit record levels last year, rising to USD 24.4 bn from USD 22.4 bn in 2017. More than half of this came from EU-based financial institutions, companies and private equity. <strong>Development banks were the biggest source of funding,<\/strong> providing USD 6.5 bn to EMs last year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/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\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/green-energy\/\">green energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/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=\"593483\" 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=\"593483\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/egyptian-military-court-islamist-hisham-ashamy-to-death-on-14-terror-counts\/\">\r\n                            Egyptian military court Islamist Hisham Ashamy to death on 14 terror counts                        <\/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\/28\/egyptian-military-court-islamist-hisham-ashamy-to-death-on-14-terror-counts\/\" 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\/28\/egyptian-military-court-islamist-hisham-ashamy-to-death-on-14-terror-counts\/')\">\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\/28\/egyptian-military-court-islamist-hisham-ashamy-to-death-on-14-terror-counts\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian military court Islamist Hisham Ashamy to death on 14 terror counts&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/egyptian-military-court-islamist-hisham-ashamy-to-death-on-14-terror-counts\/\">\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\/28\/egyptian-military-court-islamist-hisham-ashamy-to-death-on-14-terror-counts\/&title=Egyptian military court Islamist Hisham Ashamy to death on 14 terror counts\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+military+court+Islamist+Hisham+Ashamy+to+death+on+14+terror+counts+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F28%2Fegyptian-military-court-islamist-hisham-ashamy-to-death-on-14-terror-counts%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\/28\/egyptian-military-court-islamist-hisham-ashamy-to-death-on-14-terror-counts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593483\" class=\"content-area-description single-story post-593483 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-national-security tag-terrorism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Topping coverage on Egypt in the foreign press:<\/strong> A military court has sentenced terrorist Hisham Ashmawy to death after he was found guilty of 14 counts including attempted murder of former Interior Minister Mohamed Ibrahim and leading terror group Ansar Beit El-Maqdis. Ashmawy, an Egyptian national, was also convicted of taking part in attacks on cargo ships in the Suez canal in 2013 and on security forces and checkpoints around the same time. The special forces officer-turned-terrorist was captured in Derna in 2018 by troops commanded by Libyan National Army chief Gen. Khalifa Haftar, and <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/29\/libya-hands-over-egyptian-officer-turned-terrorist-hisham-el-ashmawy\/\">flown back to Egypt in May<\/a>. (<a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N2874H3\">Reuters<\/a>\u2502<a href=\"https:\/\/apnews.com\/4500634223844164961d350a54dd2616\">Associated Press<\/a>\u2502<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-11-27\/egypt-army-court-sentences-notorious-islamist-militant-to-death\">Bloomberg<\/a>\u2502<a href=\"https:\/\/www.bbc.co.uk\/news\/world-middle-east-50576471\">BBC<\/a>\u2502<a href=\"http:\/\/www.xinhuanet.com\/english\/2019-11\/28\/c_138587960.htm\">Xinhua<\/a>)<\/p>\n<p><strong>Human rights is also on the agenda again<\/strong>, with a new report published by <a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2019\/11\/egypt-state-security-prosecution-operating-as-a-sinister-tool-of-repression\/\">Amnesty<\/a><a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2019\/11\/egypt-state-security-prosecution-operating-as-a-sinister-tool-of-repression\/\">International<\/a>. <a href=\"https:\/\/apnews.com\/f79757f044e64bc89f1a37c954f2dd6d\">The Associated Press<\/a> and <a href=\"https:\/\/www.france24.com\/en\/20191127-amnesty-warns-of-egypt-s-parallel-justice-system\">Agence France-Presse<\/a> picked up the report. Human Rights Watch <a href=\"https:\/\/www.hrw.org\/news\/2019\/11\/27\/un-states-denounce-egypts-rights-record\">was also out with a statement<\/a> yesterday on the periodic review of Egypt\u2019s human rights situation at a UN council in Geneva.<\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/cpj.org\/2019\/11\/three-more-journalists-arrested-by-egyptian-securi.php\">Committee to Protect Journalists<\/a><\/strong><strong> is calling on <\/strong><strong>the Egyptian government to release three journalists<\/strong> <a href=\"https:\/\/twitter.com\/CIHRS_Alerts\/status\/1199673762020577280\">who were reportedly detained in Dokki<\/a> on Tuesday. The reported arrests came after three journalists from Mada Masr were briefly detained when their office <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/25\/security-forces-raid-mada-masr-arrest-three-staff-members-6984\/\">was raided by police<\/a> earlier this week.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/terrorism\/\">terrorism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593484\" 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=\"593484\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/eu-aviation-authority-extends-warning-against-flying-over-egypts-sinai\/\">\r\n                            EU aviation authority extends warning against flying over Egypt\u2019s Sinai                        <\/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\/28\/eu-aviation-authority-extends-warning-against-flying-over-egypts-sinai\/\" 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\/28\/eu-aviation-authority-extends-warning-against-flying-over-egypts-sinai\/')\">\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\/28\/eu-aviation-authority-extends-warning-against-flying-over-egypts-sinai\/\">\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=EU aviation authority extends warning against flying over Egypt\u2019s Sinai&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/eu-aviation-authority-extends-warning-against-flying-over-egypts-sinai\/\">\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\/28\/eu-aviation-authority-extends-warning-against-flying-over-egypts-sinai\/&title=EU aviation authority extends warning against flying over Egypt\u2019s Sinai\">\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=EU+aviation+authority+extends+warning+against+flying+over+Egypt%E2%80%99s+Sinai+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F28%2Feu-aviation-authority-extends-warning-against-flying-over-egypts-sinai%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\/28\/eu-aviation-authority-extends-warning-against-flying-over-egypts-sinai\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593484\" class=\"content-area-description single-story post-593484 post type-post status-publish format-standard hentry category-tourism tag-aviation tag-enterpriseam tag-terrorism tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The European Union Aviation Safety Agency (EASA) has extended its warning against flying over the Sinai peninsula, just weeks before flights between the UK and Sharm El Sheikh are due to resume, <a href=\"https:\/\/www.independent.co.uk\/travel\/news-and-advice\/egypt-flights-warning-easa-sinai-sharm-el-sheikh-bomb-crash-isis-a9219411.html\">the Independent reports<\/a>. The notice, which warns pilots of \u201cdedicated anti-aviation weaponry,\u201d will remain in place until 30 March 2020.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/terrorism\/\">terrorism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593485\" 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=\"593485\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/cit-ministry-looking-to-double-telecoms-share-of-egyptian-gdp\/\">\r\n                            CIT Ministry looking to double telecoms\u2019 share of Egyptian GDP                        <\/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\/28\/cit-ministry-looking-to-double-telecoms-share-of-egyptian-gdp\/\" 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\/28\/cit-ministry-looking-to-double-telecoms-share-of-egyptian-gdp\/')\">\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\/28\/cit-ministry-looking-to-double-telecoms-share-of-egyptian-gdp\/\">\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=CIT Ministry looking to double telecoms\u2019 share of Egyptian GDP&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/cit-ministry-looking-to-double-telecoms-share-of-egyptian-gdp\/\">\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\/28\/cit-ministry-looking-to-double-telecoms-share-of-egyptian-gdp\/&title=CIT Ministry looking to double telecoms\u2019 share of Egyptian GDP\">\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=CIT+Ministry+looking+to+double+telecoms%E2%80%99+share+of+Egyptian+GDP+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F28%2Fcit-ministry-looking-to-double-telecoms-share-of-egyptian-gdp%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\/28\/cit-ministry-looking-to-double-telecoms-share-of-egyptian-gdp\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593485\" class=\"content-area-description single-story post-593485 post type-post status-publish format-standard hentry category-telecoms-ict tag-amr-talaat tag-cit tag-cit-ministry tag-enterpriseam tag-gdp tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Communications Ministry is planning to double the telecommunications sector\u2019s contribution to Egypt\u2019s GDP to 8% in FY2019-2020, from 4% during the last fiscal year, Minister Amr Talaat said, according to <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=27112019&id=3e5b2d5d-ed9f-40d8-a537-9dbb3edd5b06\">Al Shorouk.<\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/amr-talaat\/\">Amr Talaat<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cit\/\">CIT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cit-ministry\/\">CIT ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gdp\/\">GDP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593486\" 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=\"593486\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/fra-approves-efgs-request-to-suspend-bond-trading-arm\/\">\r\n                            FRA approves EFG\u2019s request to suspend bond trading arm                        <\/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\/28\/fra-approves-efgs-request-to-suspend-bond-trading-arm\/\" 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\/28\/fra-approves-efgs-request-to-suspend-bond-trading-arm\/')\">\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\/28\/fra-approves-efgs-request-to-suspend-bond-trading-arm\/\">\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=FRA approves EFG\u2019s request to suspend bond trading arm&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/fra-approves-efgs-request-to-suspend-bond-trading-arm\/\">\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\/28\/fra-approves-efgs-request-to-suspend-bond-trading-arm\/&title=FRA approves EFG\u2019s request to suspend bond trading arm\">\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=FRA+approves+EFG%E2%80%99s+request+to+suspend+bond+trading+arm+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F28%2Ffra-approves-efgs-request-to-suspend-bond-trading-arm%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\/28\/fra-approves-efgs-request-to-suspend-bond-trading-arm\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593486\" class=\"content-area-description single-story post-593486 post type-post status-publish format-standard hentry category-banking-finance tag-asset-management tag-banking-finance tag-debt tag-efg-hermes tag-enterpriseam tag-finance tag-regulation wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Financial Regulatory Authority (FRA) has approved a request from EFG Hermes\u2019 to suspend for one year one of its fixed income trading subsidiaries, according to <a href=\"https:\/\/ent.news\/2019\/11\/2435.pdf\">an FRA statement (pdf)<\/a>. EFG Hermes had founded the subsidiary back some years ago, when it obtained a license for it. It had remained inactive since, with EFG Hermes' general assembly voting to suspend the license.<\/p>\n<p><em>CORRECTED on 28 November 2019<\/em><\/p>\n<p><em>EFG Hermes had requested the suspension of one of its subsidiaries and not its entire fixed income trading business, as was previously reported. EFG Hermes had made the announcement through the Membership Management, which gives news to all listed brokers about other brokers and their subsidiaries and affiliates, and not through the EGX trading floor as was previously stated. Included context and background on the subsidiary.\u00a0<\/em><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/asset-management\/\">asset management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/efg-hermes\/\">EFG Hermes<\/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\/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=\"593489\" 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=\"593489\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/italys-fisia-italimpianti-to-invest-in-egypts-sewage-treatment-plants\/\">\r\n                            Italy\u2019s Fisia Italimpianti to invest in Egypt\u2019s sewage treatment plants                        <\/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\/28\/italys-fisia-italimpianti-to-invest-in-egypts-sewage-treatment-plants\/\" 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\/28\/italys-fisia-italimpianti-to-invest-in-egypts-sewage-treatment-plants\/')\">\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\/28\/italys-fisia-italimpianti-to-invest-in-egypts-sewage-treatment-plants\/\">\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=Italy\u2019s Fisia Italimpianti to invest in Egypt\u2019s sewage treatment plants&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/italys-fisia-italimpianti-to-invest-in-egypts-sewage-treatment-plants\/\">\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\/28\/italys-fisia-italimpianti-to-invest-in-egypts-sewage-treatment-plants\/&title=Italy\u2019s Fisia Italimpianti to invest in Egypt\u2019s sewage treatment plants\">\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=Italy%E2%80%99s+Fisia+Italimpianti+to+invest+in+Egypt%E2%80%99s+sewage+treatment+plants+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F28%2Fitalys-fisia-italimpianti-to-invest-in-egypts-sewage-treatment-plants%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\/28\/italys-fisia-italimpianti-to-invest-in-egypts-sewage-treatment-plants\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593489\" class=\"content-area-description single-story post-593489 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-investment-watch tag-other-business-news-of-note tag-wastewater wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Italy\u2019s <a href=\"https:\/\/www.fisiait.com\/it\/index.html\">Fisia Italimpianti<\/a>, which designs, constructs, and manages water treatment and desalination plants, is eyeing potential investments in Egypt, the company\u2019s business development officer Michele Magioncalda <a href=\"https:\/\/almalnews.com\/fisia-italimpianti-%d8%aa%d8%af%d8%b1%d8%b3-%d8%a7%d9%84%d8%a7%d8%b3%d8%aa%d8%ab%d9%85%d8%a7%d8%b1-%d9%81%d9%89-%d9%85%d8%b5%d8%b1-%d8%a8%d9%85%d8%ac%d8%a7%d9%84-%d8%a7%d9%84%d8%b5%d8%b1\/\">tells Al Mal<\/a>. Fisia Italimpianti is looking at setting up sewage treatment plants in Alexandria and Al Gabal Al Asfar, Magioncalda said, without disclosing the expected investment value for the projects.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/wastewater\/\">wastewater<\/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=\"593491\" 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=\"593491\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/egypt-mulls-maintaining-anti-dumping-fees-on-chinese-synthetic-fiber-blankets\/\">\r\n                            Egypt mulls maintaining anti-dumping fees on Chinese synthetic fiber blankets                        <\/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\/28\/egypt-mulls-maintaining-anti-dumping-fees-on-chinese-synthetic-fiber-blankets\/\" 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\/28\/egypt-mulls-maintaining-anti-dumping-fees-on-chinese-synthetic-fiber-blankets\/')\">\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\/28\/egypt-mulls-maintaining-anti-dumping-fees-on-chinese-synthetic-fiber-blankets\/\">\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 mulls maintaining anti-dumping fees on Chinese synthetic fiber blankets&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/egypt-mulls-maintaining-anti-dumping-fees-on-chinese-synthetic-fiber-blankets\/\">\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\/28\/egypt-mulls-maintaining-anti-dumping-fees-on-chinese-synthetic-fiber-blankets\/&title=Egypt mulls maintaining anti-dumping fees on Chinese synthetic fiber blankets\">\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+mulls+maintaining+anti-dumping+fees+on+Chinese+synthetic+fiber+blankets+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F28%2Fegypt-mulls-maintaining-anti-dumping-fees-on-chinese-synthetic-fiber-blankets%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\/28\/egypt-mulls-maintaining-anti-dumping-fees-on-chinese-synthetic-fiber-blankets\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593491\" class=\"content-area-description single-story post-593491 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam tag-industry tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Trade and Industry Ministry is looking into keeping in place anti-dumping fees on synthetic fiber blankets imported from China, <a href=\"https:\/\/ent.news\/2019\/11\/1047.pdf\">according to a ministry statement (pdf)<\/a>. Members of the Federation of Egyptian Industries have requested that the ministry refrain from lifting the tariffs, saying that doing so would result in the products being dumped in the Egyptian market again.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/industry\/\">industry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593492\" 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=\"593492\">\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\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/my-morning-routine-farah-emara-co-founder-and-ceo-of-freshsource\/\">\r\n                            My Morning Routine: Farah Emara, co-founder and CEO of FreshSource                        <\/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\/28\/my-morning-routine-farah-emara-co-founder-and-ceo-of-freshsource\/\" 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\/28\/my-morning-routine-farah-emara-co-founder-and-ceo-of-freshsource\/')\">\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\/28\/my-morning-routine-farah-emara-co-founder-and-ceo-of-freshsource\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=My Morning Routine: Farah Emara, co-founder and CEO of FreshSource&url=https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/my-morning-routine-farah-emara-co-founder-and-ceo-of-freshsource\/\">\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\/28\/my-morning-routine-farah-emara-co-founder-and-ceo-of-freshsource\/&title=My Morning Routine: Farah Emara, co-founder and CEO of FreshSource\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=My+Morning+Routine%3A+Farah+Emara%2C+co-founder+and+CEO+of+FreshSource+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F11%2F28%2Fmy-morning-routine-farah-emara-co-founder-and-ceo-of-freshsource%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\/28\/my-morning-routine-farah-emara-co-founder-and-ceo-of-freshsource\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/418.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"593493\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/my-morning-routine-farah-emara-co-founder-and-ceo-of-freshsource\/418-jpg-19\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/418.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"418.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/418.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/418.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593492\" class=\"content-area-description single-story post-593492 post type-post status-publish format-standard has-post-thumbnail hentry category-my-morning-routine tag-agriculture tag-enterpriseam tag-freshsource tag-my-morning-routine tag-technology 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>Farah Emara<\/strong><strong>, co-founder and CEO of FreshSource:<\/strong> My Morning Routine looks each week at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is <a href=\"https:\/\/www.linkedin.com\/in\/farah-emara-030095131\/\">Farah Emara<\/a>, co-founder and CEO of FreshSource, which is setting out to upend crops are brought to market in Egypt.<\/p>\n<p><strong>I\u2019m Farah Emara, I\u2019m 28 years old and I\u2019m the co-founder and CEO of <\/strong><strong><a href=\"https:\/\/freshsourceglobal.com\/\">FreshSource<\/a><\/strong><strong>. <\/strong>FreshSource aims to change Egypt\u2019s agriculture industry by streamlining the value chain through technology, integrating small-time farmers and reducing food loss. We are the region\u2019s first platform for fresh fruits and vegetables, connecting farms to businesses and providing last-mile solutions.<\/p>\n<p><strong>My brother and co-founder, Omar, and I launched FreshSource in January 2019.<\/strong> As the region\u2019s first tech-enabled agri-platform we have our work cut out for us. There are several key areas we are working on simultaneously. We spend a lot of time meeting with smallholder farmers across governorates throughout Egypt, introducing FreshSource. Other days are spent in our cold-storage processing facilities in Obour City, meeting with our grading and packaging team. Our head office is where we spend time setting strategies and working with our sales, finance, and customer service teams. Finally, <strong>we are also raising an investment round<\/strong>, so a lot of my time at the moment is spent meeting with investors who want to be part of that.<\/p>\n<p><strong>The fruit and vegetable industry is at its most active in the morning<\/strong>, so I wake up early \u2014 at around 7am \u2014 every day. I start the day by checking our communication channels and connecting with the team, then I read Enterprise to get the latest news. After that, I get up and walk my two beautiful dogs, Mocha and Yogi. Then I go to the gym at the Gezira Club to get some morning endorphins and grab a coffee. After that I either go into the office, or meet with investors elsewhere, or go to the farms or cold storage facilities.<\/p>\n<p><strong>As an entrepreneur, there is perhaps only one constant in your daily routine \u2014 and that is that every day is different.<\/strong> This is one of the most exciting aspects of this journey, and it\u2019s what made my career shift from the corporate world a relatively easy decision to make. I usually leave the office at around 6pm, and head home where I can relax with my husband, Abdallah, or meet up with friends or family.<\/p>\n<p><strong>I love the podcast <\/strong><strong><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/startup-theory-podcast\/id1048494989?mt=2\">Startup Theory<\/a><\/strong><strong>, and I recommend all entrepreneurs listen to it.<\/strong> Being an entrepreneur can sometimes be a lonely journey; I\u2019m lucky enough to have my brother with me, but many other founders are going it alone. We usually only see the tip of the iceberg on media platforms of startups raising mns, and it makes the process look so easy.<\/p>\n<p><strong>Omar and I grew up in the agriculture industry, and we always had a passion for it.<\/strong> When we decided to start FreshSource, I was working for P&G and Omar was in London. I had a background in FMCG and Omar was with Goldman Sachs London. We had always known that we wanted to start something that would have an impact on our country. We started researching the industry and uncovered immense inefficiencies that exist in the value chain. An average of 45% of crops are lost before hitting store shelves due to poor harvesting, transportation, and storage. Farmers are not getting their fair cut, due to middlemen, and businesses are paying too much for their crops, making prices extremely high for the end-consumer. That\u2019s the opportunity. We met with <a href=\"https:\/\/egyptinnovate.com\/en\/expert\/Khaled-Ismail\">Dr Khaled Ismail<\/a>, who ended up becoming one of our earliest investors, and he truly believed in our vision from the start.<\/p>\n<p><strong>Our niche is our ability to use technology to streamline the value chain. <\/strong>We empower farmers, increasing their income by 20% and lowering costs to businesses by 15% on average. Our family business, <a href=\"http:\/\/www.multifruitegypt.org\/\">Multi Fruit<\/a>, operates one of the largest cold storage facilities in the country, and has managed the distribution of Dole fruit in Egypt since the 1980s. Our ability to leverage their know-how has meant that we have a food loss rate of only 2% against a national average of 45%. Our ability to use data to make educated decisions on our sourcing, enabling us to guarantee the best value for money for any business, is another real strength.<\/p>\n<p><strong>People can underestimate how difficult it is to introduce technology to a very traditional industry.<\/strong> Egypt is one of the world\u2019s oldest agricultural civilizations, and unfortunately has not been developing at the pace of other nations. As young co-founders, you often get challenged by others. Being a woman, I feel this particularly acutely. Omar works hard as our chief of operations. He manages a large workforce and is getting fantastic results every month. I know FreshSource wouldn\u2019t be where it is today if it weren\u2019t for him.<\/p>\n<p><strong>I believe that blockchain will have an immense impact on the value chain of the food industry.<\/strong> People are generally oblivious to what has been sprayed on the food they eat or how it has been handled, so using blockchain to promote the traceability of food will have a transformative impact on the whole sector.<\/p>\n<p><strong>In my free time I like to read and spend time with my husband and dogs.<\/strong> I also enjoy mentoring startups.<\/p>\n<p><strong>I am a strong believer in planning your to-dos the night before so that you wake up with a clear focus <\/strong>on what your wins will be that day. At FreshSource we use <a href=\"https:\/\/www.notion.so\/\">Notion<\/a> and <a href=\"https:\/\/slack.com\/intl\/en-eg\/lp\/three?utm_medium=ppc&utm_source=google&utm_campaign=d_ppc_google_western-central-southern-asia_en_brand-hv&utm_term=slack&ds_rl=1249094&cvosrc=ppc.google.slack&cvo_campaign=&cvo_crid=257483769581&Matchtype=e&utm_source=google&utm_medium=ppc&c3api=5523,257483769581,slack&gclid=EAIaIQobChMIn7qinPKK5gIV2uJ3Ch2ncAo9EAAYASAAEgLmnfD_BwE&gclsrc=aw.ds\">Slack<\/a> to keep our communication clear and organized. We also have weekly team meetings to make sure everyone is on track to meet their KPIs. For my personal to-do lists, there is nothing better than an old fashioned notebook and pen.<\/p>\n<p><strong>One of the maxims I live my life by is the following: <\/strong>\u201cThere are no secrets to success. It is the result of preparation, hard work and learning from failure.\u201d - Colin Powell<\/p>\n<p><strong>An idea, no matter how unique or great it is, is just an idea. <\/strong>Determination, perseverance and transforming your setbacks into comebacks is what will build a truly successful enterprise.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/freshsource\/\">FreshSource<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/my-morning-routine\/\">MY MORNING ROUTINE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/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=\"593494\" 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=\"593494\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/the-market-yesterday-257\/\">\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\/28\/the-market-yesterday-257\/\" 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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CIB, the index\u2019s heaviest constituent, ended up 0.2%. EGX30\u2019s top performing constituents were Cleopatra Hospitals up 1.7%, Ibnsina Pharma up 1.5%, and Orascom Development Egypt up 1.2%. Yesterday\u2019s worst performing stocks were AMOC down 3.3%, Egyptian Resorts down 3.2% and Egyptian Iron & Steel down 2.8%. The market turnover was EGP 354 mn, and regional investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net long | EGP +14.7 mn<\/p>\n<p> <strong>Regional<\/strong>: Net short | EGP -16.0 mn<\/p>\n<p> <strong>Domestic<\/strong>: Net long | EGP +1.3 mn<\/p>\n<p><strong>Retail<\/strong>: 49.9% of total trades | 43.7% of buyers | 56.1% of sellers<\/p>\n<p> <strong>Institutions<\/strong>: 50.1% of total trades | 56.3% of buyers | 43.9% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 57.92 (-0.3%)<\/p>\n<p> <strong>Brent:<\/strong> USD 64.06 (-0.3%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.50 MMBtu, (-0.2%, January 2020 contract)<\/p>\n<p> <strong>Gold:<\/strong> USD 1,462.50 \/ troy ounce (+0.1%)<\/p>\n<p><strong>TASI:<\/strong> 7,853 (-0.3%) (YTD: +0.3%)<\/p>\n<p> <strong>ADX:<\/strong> 5,043 (-0.1%) (YTD: +2.6%)<\/p>\n<p> <strong>DFM:<\/strong> 2,711 (+0.2%) (YTD: +7.2%)<\/p>\n<p> <strong>KSE Premier Market:<\/strong> 6,449 (+1.2%)<\/p>\n<p> <strong>QE:<\/strong> 10,171 (-0.2%) (YTD: -1.2%)<\/p>\n<p> <strong>MSM:<\/strong> 4,064 (-0.5%) (YTD: -6.0%)<\/p>\n<p> <strong>BB: <\/strong>1,518 (-0.1%) (YTD: +13.6%)<\/p><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"593495\" 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\/28\/593495\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-593495\" class=\"content-area-description single-story post-593495 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>11-12 December (Wednesday-Thursday): \u201c<a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D8%B1%D9%82%D9%85--66--%D8%A8%D8%B1%D8%A6%D8%A7%D8%B3%D8%A9-%D8%A7%D9%84%D8%AF%D9%83%D8%AA%D9%88%D8%B1-%D9%85%D8%B5%D8%B7%D9%81%D9%89-%D9%85%D8%AF%D8%A8%D9%88%D9%84%D9%8A-.aspx\">Forum on peace and sustainability in Africa<\/a>,\u201d venue TBD, Aswan.<\/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>1 March 2020: <a href=\"https:\/\/www.youm7.com\/story\/2019\/11\/28\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%BA%D8%B1%D9%81%D8%A9-%D8%A7%D9%84%D8%A5%D8%B3%D9%83%D9%86%D8%AF%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%A4%D8%AA%D9%85%D8%B1%D8%A7-%D8%AF%D9%88%D9%84%D9%8A%D8%A7-%D8%B9%D9%86-%D8%A7%D9%84%D9%84%D9%88%D8%AC%D8%B3%D8%AA%D9%8A%D8%A7%D8%AA\/4516709\">A conference<\/a> on \u201clogistics and its impact on the movement of goods and industry,\u201d venue TBD, Alexandria.<\/p>\n<p>4-5 March 2020 (Wednesday-Thursday): <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/10\/Press-Release-26th-Annual-Women-Economic-Forum-March-2020-Cairo-Egypt.pdf\">Women Economic Forum<\/a>, Cairo.<\/p>\n<p>25-26 March 2020 (Wednesday-Thursday): <a href=\"http:\/\/www.megaprojectsconf.com\/\">Mega Projects Conference<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23 April 2020 (Thursday): First day of Ramadan (TBC).<\/p>\n<p>23-26 May 2020 (Saturday-Tuesday): Eid El Fitr (TBC).<\/p>\n<p>5-7 May 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.afsic.net\/\">AFSIC - Investing in Africa<\/a>, London, United Kingdom.<\/p>\n<p>30 June 2020 (Sunday): June 2013 protests anniversary, national holiday.<\/p>\n<p>November 2020: Egypt <a href=\"http:\/\/gate.ahram.org.eg\/News\/2284801.aspx\">will host simultaneously<\/a> the International Capital Market Association\u2019s emerging market, and Africa and Middle East meetings.<\/p>\n<p>30 July 2020-3 August 2020 (Thursday-Monday): Eid El Adha (TBC), national holiday.<\/p>\n<p>19-20 August 2020 (Wednesday-Thursday): Islamic New Year (TBC), national holiday.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":593456,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-593455","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"7e8ed475-f64e-4f22-bcb6-568b13c437b6","teaser":"","photo_url":"https:\/\/ent.news\/2021\/1\/352.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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