{"id":594078,"date":"2019-10-20T04:02:48","date_gmt":"2019-10-20T04:02:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=594078"},"modified":"2025-12-16T17:59:08","modified_gmt":"2025-12-16T17:59:08","slug":"imf-hints-at-post-loan-arrangement-with-egypt-during-busy-weekend-in-washington","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/imf-hints-at-post-loan-arrangement-with-egypt-during-busy-weekend-in-washington\/","title":{"rendered":"IMF hints at post-loan arrangement with Egypt during busy weekend in Washington."},"content":{"rendered":"<section id=\"594080\" 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=\"594080\">\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\/10\/20\/what-were-tracking-on-20-october-2019\/\">\r\n                            What we\u2019re tracking on 20 October 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\/10\/20\/what-were-tracking-on-20-october-2019\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/what-were-tracking-on-20-october-2019\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/what-were-tracking-on-20-october-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 20 October 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/what-were-tracking-on-20-october-2019\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/what-were-tracking-on-20-october-2019\/&title=What we\u2019re tracking on 20 October 2019\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+20+October+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F20%2Fwhat-were-tracking-on-20-october-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\/10\/20\/what-were-tracking-on-20-october-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594080\" class=\"content-area-description single-story post-594080 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-amcham tag-boris-johnson tag-brexit tag-canada tag-debt tag-development tag-enterpriseam tag-finance tag-germany tag-interest-rates tag-investment-watch tag-justin-trudeau tag-politics tag-us-federal-reserve tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>It\u2019s the final day of the IMF and World Bank annual meetings.<\/b> Egyptian officials in Washington, DC, for the gathering had another busy few days over the weekend meeting with officials and members of the business community \u2014 and the world\u2019s central bankers have promised to use \u201call appropriate policy tools\u201d to stem the slowdown in global growth. We have the full rundown in this morning\u2019s Speed Round, below.<\/p>\n<p><b>House committee begins discussions to pave way for Euroclear:<\/b> The House of Representatives\u2019 econ committee will today begin discussions on government-proposed amendments to the Central Depository and Registration Act, the <a href=\"https:\/\/alborsaanews.com\/2019\/10\/19\/1256301\">local press reports<\/a>. The amendments will see the establishment of a new holding company to handle debt issuances in light of the Euroclear agreement signed over the weekend. We have more on this in our Speed Round, below.<\/p>\n<p><b>FinMin outlines in-the-works Customs Act amendments: <\/b>The Finance Ministry was out yesterday with <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Press\/Pages\/news-17-10-2019.aspx\">a breakdown<\/a> of the broad strokes of proposed amendments to the Customs Act. A final draft of the changes \u2014 which are expected to expedite customs clearance, create a \u201cwhitelist\u201d of trusted importers, and broaden the discretion of the Customs Authority \u2014 was released <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/10\/finmin-releases-final-draft-of-the-customs-act\/\">last year<\/a>, but the bill still remains <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/16\/egypts-house-committee-moves-to-ensure-new-customs-law-fulfills-its-promise\/\">under discussion<\/a> in the House of Representatives.<\/p>\n<p><b>The region\u2019s largest metro station will open in Cairo today<\/b> as Transport Minister Kamel El Wazir inaugurates the Heliopolis metro station on line three, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/353183\/Egypt\/Politics-\/Egypt-to-inaugurate-Middle-Easts-biggest-metro-sta.aspx\">Ahram Online reports<\/a>.<\/p>\n<p><b>Kuwaiti PM Jaber Al Mubarak starts his three-day visit to Cairo today<\/b> for talks with President Abdel Fattah El Sisi and PM Moustafa Madbouly.<\/p>\n<p><b>Key dates to pencil into your agendas this week and next<\/b> as we wrap up the month:<\/p>\n<ul>\n<li><b>Our friends at AmCham will be hosting Social Solidarity Minister Ghada Wali <\/b>for their monthly luncheon today. Members can <a href=\"https:\/\/www.amcham.org.eg\/login\/login.asp?ReturnUrl=%2Fcyberlink%2Fevents%2Fregister%2F1226\">register here<\/a>.<\/li>\n<li><b>The <\/b><a href=\"http:\/\/platforms-root-technologies.com\/icec-2019\/\"><b>Intelligent Cities Exhibition & Conference<\/b><\/a> will take place at the Hilton Heliopolis on Wednesday and Thursday.<\/li>\n<li><b>A B2B conference for German and Egyptian companies<\/b> will take place on Monday, 28 October in Cairo. <a href=\"https:\/\/docs.google.com\/forms\/d\/1MOIclPxAZampSsYBPpAQHpj2dTWlxWvIk26QwgMYIlw\/edit\">Click or tap here to register<\/a>.<\/li>\n<li><b>The US Federal Reserve will meet on 29-30 October<\/b> to review key interest rates.<\/li>\n<\/ul>\n<p><b>The two-day <\/b><a href=\"https:\/\/summitafrica.ru\/en\/\"><b>Russia-Africa summit<\/b><\/a><b> gets underway in Sochi on Wednesday, 23 October:<\/b> Leaders from more than 50 African countries will gather at the Black Sea resort town this week to discuss strengthening economic ties across a range of sectors with Moscow. The event, which will be chaired by President Abdel Fattah El Sisi and Russian President Vladimir Putin, will feature panel discussions on subjects ranging from Russian-African cooperation in energy, trade and infrastructure investment to collaboration in science, technology and digital security.<\/p>\n<p><b>Among the Egyptians due to appear on stage <\/b>are Investment Minister Sahar Nasr, CIT Minister Amr Talaat, Amani Abou-Zeid (wearing her African Union hat), Suez Canal Economic Zone boss Yehia Zaki, and Qalaa Holdings chief Ahmed Heikal.<\/p>\n<p>What we\u2019re keeping our eye on:<\/p>\n<ul>\n<li><b>An update on the RIZ?<\/b> Suez Canal Economic Zone Chairman Yehia Zaki and Trade Minister Amr Nassar will join a panel discussion on the Russian Industrial Zone (RIZ) with officials from the African Export-Import Bank, the Russian Export Center and Russian Industries Overseas Egypt. We assume that a meeting between Nassar and his Russian counterpart is in the cards \u2014 but will there be any new announcements?<\/li>\n<li><b>Crunch talks between El Sisi and Ahmed:<\/b> El Sisi <b><a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/14\/el-sisi-ahmed-to-meet-for-gerd-talks-in-russia\/\">announced last week<\/a><\/b> that he would meet with Ethiopian Prime Minister Abiy Ahmed in Russia for talks on the Grand Ethiopian Renaissance Dam. Could we see a breakthrough in negotiations when the two leaders meet later this week?<\/li>\n<\/ul>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/1694.jpg?ssl=1\" \/><\/p>\n<p><b>Equities could see a healthy rally to close out the year, bumping up EMs and Europe:<\/b> The prospect of a US-China trade agreement, greater spending by Germany and China, a further 50 bps interest rate cut by the US Fed, and a smooth Brexit transition could all drive equities higher in the coming six months, the <a href=\"https:\/\/www.ft.com\/content\/dc4abe76-f0ea-11e9-bfa4-b25f11f42901\">Financial Times says<\/a>. Look for the USD to weaken against EM currencies and for EM and European shares to possibly out-perform Wall Street, the salmon-colored paper remarks.<\/p>\n<p><b>SIGN OF THE TIMES- China reports 30-year record low growth figures, worsening concerns over global slowdown:<\/b> China\u2019s economy is growing at the slowest rate in about 30 years as the recent trade war, a fall in global growth, and the Hong Kong protests are catching up with economic performance, <a href=\"https:\/\/www.ft.com\/content\/396e67be-f0b5-11e9-ad1e-4367d8281195\">according to the Financial Times<\/a>. Unlikely to get back to the double-digit rates that characterized its growth up until this decade, China needs to start planning for the side effects of a slowdown \u2014 particularly unemployment.<\/p>\n<hr class=\"grey-line\" \/>\n<p><b>Embarrassment for Johnson as Brexit saga takes another turn:<\/b> UK PM Boris Johnson has been forced to do something he had sworn never to do \u2014 request an extension to the 31 October Brexit deadline. The House of Commons was supposed to vote on his Brexit agreement with the EU yesterday, but a last-minute bill to delay the meaningful vote was narrowly passed, ensuring that the drama will continue for at least a few more weeks. (<a href=\"https:\/\/www.bbc.com\/news\/uk-politics-50112924\">BBC<\/a>)<\/p>\n<p><b>Across the pond, Canadians will head to the polls tomorrow in a federal election.<\/b> It\u2019s neck-and-neck between Justin Trudeau\u2019s governing Liberal Party and Andrew Sheer\u2019s Conservatives. Check out <a href=\"https:\/\/election.ctvnews.ca\/possible-2019-election-outcomes-explained-1.4644565\">CTV<\/a>, <a href=\"https:\/\/www.cbc.ca\/news\/politics\/canada-votes-2019-campaign-highlights-1.5320852\">CBC<\/a> or the <a href=\"https:\/\/www.theglobeandmail.com\/politics\/article-party-platforms-guide-canadian-federal-election-2019\/\">Global and Mail<\/a> for more.<\/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\/amcham\/\">AmCham<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/boris-johnson\/\">Boris Johnson<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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                      <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=\"594081\" 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 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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=\"594082\">\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\/10\/20\/el-sisi-to-co-chair-russia-africa-summit-in-sochi\/\">\r\n                            El Sisi to co-chair Russia-Africa summit in Sochi                        <\/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\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/el-sisi-to-co-chair-russia-africa-summit-in-sochi\/&title=El Sisi to co-chair Russia-Africa summit in Sochi\">\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=El+Sisi+to+co-chair+Russia-Africa+summit+in+Sochi+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F20%2Fel-sisi-to-co-chair-russia-africa-summit-in-sochi%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\/10\/20\/el-sisi-to-co-chair-russia-africa-summit-in-sochi\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594082\" class=\"content-area-description single-story post-594082 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-diplomacy tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-politics wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>It was a mixed bag of nuts on the airwaves last night<\/b>, with no one story dominating the airwaves.<\/p>\n<p><b>Egypt will participate in the two-day Russia-Africa summit in Sochi in late November, <\/b>Hona Al Asema\u2019s Reham Ibrahim reported(<a href=\"https:\/\/www.youtube.com\/watch?v=4KIQtGoZup8\">watch, runtime: 08:13<\/a>). President Abdel Fattah El Sisi will co-chair the summit alongside Russian President Vladmir Putin, so we wouldn\u2019t be surprised to see some reporting by the talking heads from Sochi.<\/p>\n<p><b>It was the Constitutional Court\u2019s fiftieth birthday yesterday,<\/b> Al Hayah Al Youm\u2019s Lobna Assal noted (<a href=\"https:\/\/www.youtube.com\/watch?v=Vy323xpChmc\">watch, runtime: 06:31<\/a>). President El Sisi invited judges to celebrate the event, Hona Al Asema\u2019s Ibrahim added in her report (<a href=\"https:\/\/www.youtube.com\/watch?v=5wcv4nXh7ZQ\">watch, runtime: 05:09<\/a>).<\/p>\n<p><b>El Sisi met with Military Production Minister Mohamed El Assar<\/b> to discuss national projects and domestic manufacturing, among other issues, Ibrahim said in a separate segment (<a href=\"https:\/\/www.youtube.com\/watch?v=g1ZKQGFUmJ0\">watch, runtime: 01:49<\/a>).<\/p>\n<p><b>Egypt has connected Nile water to North Sinai through the Sheikh Jaber Canal<\/b>, El Hekaya\u2019s Amr Adib reported, explaining to his audience that the move shows we still have control over our waters and that Sinai is not being neglected (<a href=\"https:\/\/www.youtube.com\/watch?v=UUI77893leI\">watch, runtime: 11:12<\/a>). The development will help boost agriculture in the peninsula, he said.<\/p>\n<p><b>What the talking heads want you to know about foreign affairs:<\/b><\/p>\n<ul>\n<li><b>Lebanon is still protesting against austerity measures<\/b> Masaa DMC\u2019s Eman El Hosary reported (<a href=\"https:\/\/www.youtube.com\/watch?v=j08GLHNC5qc&pbjreload=10\">watch, runtime: 06:00<\/a>) and (<a href=\"https:\/\/www.youtube.com\/watch?v=m_1ZtdtyXQw\">watch, runtime: 15:35<\/a>). Meanwhile, Adib urged Egyptians not to mock the situation in Lebanon because \u201cit\u2019s very serious\u201d (<a href=\"https:\/\/www.youtube.com\/watch?v=AvAN9gcqpNU\">watch, runtime: 05:38<\/a>). <\/li>\n<li><b>Turkey continued its offensive against Syria on Saturday<\/b>, killing women and children, Al Assal said (<a href=\"https:\/\/www.youtube.com\/watch?v=te1LSsQVlSk&t=4s\">watch, runtime: 02:13<\/a>), pointing to support from Doha (<a href=\"https:\/\/www.youtube.com\/watch?v=guL3wFnu9gk\">watch, runtime: 03:17<\/a>). <\/li>\n<\/ul>\n<p><b>Lamees is (almost) back: <\/b>The queen of night-time talk shows is scheduled to return to the airwaves tonight. We\u2019ll be adding her to our roundup tomorrow morning.<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594083\" 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=\"594083\">\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\/10\/20\/imf-hints-at-post-loan-arrangements-with-egypt\/\">\r\n                            IMF hints at post-loan arrangements with Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/imf-hints-at-post-loan-arrangements-with-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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He suggested that the IMF will work with Egypt on private sector growth, job creation and increasing transparency of state organizations.<\/p>\n<p><b>Azour\u2019s comments were part of a packed weekend in Washington <\/b>for the IMF and World Bank as well as for the Egyptian delegation attending the annual meetings of the two bodies.<\/p>\n<p><b>Malpass speaks on Egypt\u2019s energy reforms:<\/b> World Bank head <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D8%AE%D9%84%D8%A7%D9%84-%D8%A7%D9%84%D8%AC%D9%84%D8%B3%D8%A9-%D8%A7%D9%84%D8%A7%D9%81%D8%AA%D8%AA%D8%A7%D8%AD%D9%8A%D8%A9-%D9%84%D9%84%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%B3%D9%86%D9%88%D9%8A%D8%A9-%D9%84%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D9%88%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A8%D8%AD%D8%B6%D9%88%D8%B1-%D9%88%D8%B2%D9%8A%D8%B1%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AF%D9%88%D9%84.aspx\">David Malpass praised<\/a> Egypt\u2019s commitment to renewable energy production and energy sector reforms, which he said had opened the door to more private-sector investment.<\/p>\n<p><b>Investment Minister Sahar Nasr called on the World Bank and IMF to ramp up investment in human capital in Africa<\/b>. She said that Egypt is pushing for human capital to be the cornerstone of development policies on the continent during its chairmanship of the African Union, <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%AF%D8%B9%D9%88-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D9%88%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A5%D9%84%D9%89-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%AF%D8%B9%D9%85%D9%87%D9%85%D8%A7-%D9%84%D8%AA%D8%AD%D9%82%D9%8A%D9%82-%D8%A7%D9%84%D8%AA%D9%83%D8%A7%D9%85%D9%84-%D8%A7%D9%84%D8%A7%D9%82%D9%84%D9%8A%D9%85%D9%89-%D9%88%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%A8%D9%8A%D9%86%D9%8A%D8%A9-%D9%88%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%81%D9%89-%D8%B1%D8%A3%D8%B3-%D8%A7%D9%84%D9%85%D8%A7%D9%84-%D8%A7%D9%84%D8%A8%D8%B4%D8%B1%D9%89.aspx\">according to a ministry statement<\/a>.<\/p>\n<p><b>Infrastructure and trade:<\/b> Egyptian officials also met with World Bank Vice President for Infrastructure Makhtar Diop to discuss infrastructure development, especially in the fintech sector, according to an <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%86%D8%A7%D8%A6%D8%A8-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D9%85%D8%B9-%D9%85%D8%B5%D8%B1-%D9%81%D9%89-%D9%85%D8%AC%D8%A7%D9%84-%D8%A7%D9%84%D8%AA%D8%AD%D9%88%D9%84-%D8%A7%D9%84%D8%B1%D9%82%D9%85%D9%89-%D9%88%D8%A7%D9%84%D8%A8%D9%86%D9%8A%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%A7%D8%B3%D9%8A%D8%A9-%D8%A8%D8%B9%D8%AF-%D8%A7%D9%84%D8%A7%D8%B5%D9%84%D8%A7%D8%AD%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D8%B4%D8%B1%D9%8A%D8%B9%D9%8A%D8%A9-%D8%BA%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%B3%D8%A8%D9%88%D9%82%D8%A9.aspx\">Investment Ministry statement<\/a>. In a separate meeting with International Islamic Trade Finance Corporation (ITFC) CEO Hani Sonbol, Nasr <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%88%D8%B2%D9%8A%D8%B1%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D8%AA%D8%AA%D9%81%D9%82-%D9%85%D8%B9-%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%89-%D9%84%D9%84%D9%85%D8%A4%D8%B3%D8%B3%D8%A9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D9%84%D8%A7%D9%85%D9%8A%D8%A9-%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%B9%D9%84%D9%89-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D9%85%D8%AC%D8%A7%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D8%B4%D8%B1%D8%A7%D9%83%D8%A9.aspx\">reached an agreement<\/a> to boost trade with Arab and African neighbors.<\/p>\n<p><b>New funding for wastewater treatment plant:<\/b> Nasr also <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%88%D8%B2%D9%8A%D8%B1%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D8%AA%D8%AA%D9%81%D9%82-%D9%85%D8%B9-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A-%D9%84%D9%84%D8%A7%D9%86%D9%85%D8%A7%D8%A1-%D8%B9%D9%84%D9%89-%D8%AF%D8%B9%D9%85-%D8%A7%D9%84%D9%85%D8%B1%D8%AD%D9%84%D8%A9-%D8%A7%D9%84%D8%AB%D8%A7%D9%86%D9%8A%D8%A9-%D9%84%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%85%D9%86%D8%B8%D9%88%D9%85%D8%A9-%D9%85%D9%8A%D8%A7%D9%87-%D9%85%D8%B5%D8%B1%D9%81.aspx\">reached an agreement<\/a> with the Arab Fund for Economic and Social Development to provide USD 248 mn to finance the second phase of a wastewater treatment facility in Bahr El Baqar. Orascom and Arab Contractors had <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/02\/orascom-construction-adds-usd-475-mn-to-backlog-in-1q2019\/\">signed in May<\/a> a USD 739 mn agreement with the Armed Forces Engineering Authority to set up the plant.<\/p>\n<p><b>More investment and funding for Egypt\u2019s oil industry:<\/b> Oil Minister Tarek El Molla suggested that the US Export-Import Bank provide funding to private sector players looking to invest in Egypt\u2019s oil and gas industry, during a sit-down with the bank\u2019s chairman, Kimberly Reed, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D8%B3%D8%AA%D9%82%D8%A8%D9%84-%D9%83%D9%8A%D9%85%D8%A8%D8%B1%D9%84%D9%8A%D8%B1%D9%8A%D8%AF-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1-%D9%88%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D9%8A%D8%B1%D8%A7%D8%AF-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A.aspx\">according to a cabinet statement<\/a>. John Christman, CEO of oil major Apache, told Madbouly, Nasr, and El Molla that the company is planning to expand its operations in Egypt, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D9%84%D8%AA%D9%82%D9%8A-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%B4%D8%B1%D9%83%D8%A9-%D8%A3%D8%A8%D8%A7%D8%AA%D8%B4%D9%89-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9%E2%80%8E.aspx\">according to a cabinet statement<\/a>.<\/p>\n<p><b>Prime Minister Moustafa Madbouly met US officials and business leaders<\/b> including <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D9%84%D8%AA%D9%82%D9%8A-%D8%B1%D8%A6%D9%8A%D8%B3-%D9%84%D8%AC%D9%86%D8%A9-%D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%82%D8%A7%D8%AA-%D8%A7%D9%84%D8%AE%D8%A7%D8%B1%D8%AC%D9%8A%D8%A9-%D8%A8%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%B4%D9%8A%D9%88%D8%AE-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A-%D9%88%D8%B2%D8%B9%D9%8A%D9%85-%D8%A7%D9%84%D8%A3%D9%82%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D8%AF%D9%8A%D9%85%D9%82%D8%B1%D8%A7%D8%B7%D9%8A%D8%A9-%D8%A8%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9%E2%80%8E.aspx\">US senators<\/a> Bob Menendez and James Risch, US Republican Congressman <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/ak.aspx\">Michael McCaul<\/a>, representatives <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D9%84%D8%AA%D9%82%D9%89-%D9%86%D8%A7%D8%A6%D8%A8-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%B4%D8%B1%D9%83%D8%A9-%D8%A8%D9%88%D9%8A%D9%86%D8%AC-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9.aspx\">from Boeing<\/a>, and <a href=\"https:\/\/www.adtran.com\/index.php\">Adtran<\/a> CEO <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D9%84%D8%AA%D9%82%D9%8A-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%B4%D8%B1%D9%83%D8%A9-Adtran-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9-%D8%A7%D9%84%D9%85%D8%AA%D8%AE%D8%B5%D8%B5%D8%A9-%D9%81%D9%89-%D9%85%D8%AC%D8%A7%D9%84-%D8%A7%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA.aspx\">Tom Stanton<\/a>.<\/p>\n<p><b>Elsewhere during the annual meetings:<\/b><\/p>\n<ul>\n<li>Madbouly discussed recent developments on <b>Grand Ethiopian Renaissance Dam<\/b> (GERD) negotiations during a roundtable discussion organized by the Middle East Institute think tank, according to <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/%D9%85%D8%B9%D9%87%D8%AF-%D8%A7%D9%84%D8%B4%D8%B1%D9%82-%D8%A7%D9%84%D8%A3%D9%88%D8%B3%D8%B7-%D8%A8%D9%88%D8%A7%D8%B4%D9%86%D8%B7%D9%86-%D9%8A%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%81%D9%89-%D8%AC%D9%84%D8%B3%D8%A9-%D9%86%D9%82%D8%A7%D8%B4%D9%8A%D8%A9.aspx\">a statement<\/a>.<\/li>\n<li>Nasr discussed the role of the <b>private sector<\/b> in Egypt\u2019s economy<\/li>\n<li>El Molla gave a brief overview on the <b>East Mediterranean Gas Forum<\/b><\/li>\n<li>CIT Minister Amr Talaat discussed Egypt\u2019s <b>digitization drive<\/b>.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div 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          \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/the-19th-century-master-photographer-captivated-by-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2039.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"594101\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/the-19th-century-master-photographer-captivated-by-egypt\/2039-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2039.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2039.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2039.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2039.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594100\" class=\"content-area-description single-story post-594100 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day tag-photography wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The 19th century \u201cmaster photographer\u201d captivated by Egypt:<\/b> Startling pictures of Egyptian landscapes and temples, taken by enigmatic young photographer John Beasley Greene, have fascinated generations of scholars, arts critic Richard B. Woodward <a href=\"https:\/\/www.wsj.com\/articles\/signs-and-wonders-the-photographs-of-john-beasley-greene-review-exploring-egypt-through-a-lens-11571172933\">writes in the Wall Street Journal<\/a>. Now an exhibition at the San Francisco Museum of Modern Art, <a href=\"https:\/\/www.sfmoma.org\/exhibition\/signs-and-wonders-the-photographs-of-john-beasley-greene\/\">Signs and Wonders: The Photographs of John Beasley Greene,<\/a> brings together a small collection of his negatives, albums and prints. Lauded for their minimalism, stark lines and the interplay of light and shadow, many of his photos captured the walls and columns of Egyptian temples and palaces, like this image of Karnak. Greene visited Egypt three times in his short life, often recording hieroglyphics that Egyptologists back in his home country of France would study and translate. He died in Cairo aged 24, probably of tuberculosis.<\/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\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/photography\/\">photography<\/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=\"594102\" 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=\"594102\">\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\/10\/20\/egyptian-archaeologists-find-largest-trove-of-coffins-since-19th-century-in-luxor\/\">\r\n                            Egyptian archaeologists find largest trove of coffins since 19th century in Luxor                        <\/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\/10\/20\/egyptian-archaeologists-find-largest-trove-of-coffins-since-19th-century-in-luxor\/\" 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\/10\/20\/egyptian-archaeologists-find-largest-trove-of-coffins-since-19th-century-in-luxor\/')\">\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\/10\/20\/egyptian-archaeologists-find-largest-trove-of-coffins-since-19th-century-in-luxor\/\">\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 archaeologists find largest trove of coffins since 19th century in Luxor&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/egyptian-archaeologists-find-largest-trove-of-coffins-since-19th-century-in-luxor\/\">\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\/10\/20\/egyptian-archaeologists-find-largest-trove-of-coffins-since-19th-century-in-luxor\/&title=Egyptian archaeologists find largest trove of coffins since 19th century in Luxor\">\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+archaeologists+find+largest+trove+of+coffins+since+19th+century+in+Luxor+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F20%2Fegyptian-archaeologists-find-largest-trove-of-coffins-since-19th-century-in-luxor%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\/10\/20\/egyptian-archaeologists-find-largest-trove-of-coffins-since-19th-century-in-luxor\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/1184.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"594103\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/egyptian-archaeologists-find-largest-trove-of-coffins-since-19th-century-in-luxor\/1184-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/1184.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1184.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/1184.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/1184.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594102\" class=\"content-area-description single-story post-594102 post type-post status-publish format-standard has-post-thumbnail hentry category-egypt-in-the-news tag-ancient-egypt tag-archaeology tag-egypt-in-the-news tag-enterpriseam tag-history tag-human-rights tag-mohamed-ramadan tag-un wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Leading the conversation in the foreign press this morning:<\/b> Egyptian archaeologists have found the biggest trove of coffins since the 19th century in Luxor, <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1385265981651763\">the Antiquities Ministry said in a statement<\/a> yesterday. The team found a \u201cdistinctive group of 30 colored wooden coffins for men, women and children\u201d at the Al Asasif cemetery on the west bank of the Nile, it said. <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N27405Y\">Reuters<\/a>\u2502<a href=\"https:\/\/www.apnews.com\/99646e2702f44fe69ec4a1b4a265035b\">Associated Press<\/a>\u2502<a href=\"https:\/\/www.yahoo.com\/news\/egypt-unveils-3-000-old-wooden-coffins-luxor-163524876--abc-news-topstories.html\">ABC<\/a>\u2502<a href=\"https:\/\/news.sky.com\/story\/ancient-coffins-of-men-women-and-children-found-in-egypt-11839387\">Sky News<\/a>\u2502<a href=\"http:\/\/www.xinhuanet.com\/english\/2019-10\/19\/c_138486244.htm\">Xinhua<\/a>\u2502<a href=\"https:\/\/www.dw.com\/en\/egypt-boasts-biggest-ancient-mummy-find-in-over-a-century\/g-50899319\">Deutsche Welle<\/a>\u2502<a href=\"https:\/\/www.rt.com\/news\/471332-mummies-egypt-asasif-coffins\/\">RT<\/a>\u2502<a href=\"https:\/\/www.nbcnews.com\/news\/world\/egypt-uncovers-3-000-year-old-mummies-valley-kings-n1069001\">NBC<\/a>\u2502<a href=\"https:\/\/www.cbsnews.com\/news\/egypt-reveals-details-about-30-ancient-coffins-found-with-mummies-inside\/\">CBS<\/a>\u2502<a href=\"https:\/\/www.dailymail.co.uk\/news\/article-7591739\/Archaeologists-trove-30-ornately-decorated-ancient-wooden-coffins-Egypts-Valley-Kings.html\">Daily Mail<\/a>.<\/p>\n<p><b>The recent wave of arrests is still getting attention,<\/b> after the UN human rights office on Friday <a href=\"https:\/\/news.un.org\/en\/story\/2019\/10\/1049581\">urged Egypt<\/a> to release citizens who have been detained in connection with anti-government demonstrations last month. <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-rights-un\/u-n-rights-office-urges-egypt-to-free-lawyers-activist-idUSKBN1WX1JZ\">Reuters picked up the statement<\/a>, which called on authorities to free journalist Esraa Abdel Fattah, blogger Alaa Abdel Fattah, and his lawyer Mohamed El Baqer. An editorial in <a href=\"https:\/\/www.washingtonpost.com\/opinions\/global-opinions\/egypts-brutal-retaliation-against-activists-could-fuel-an-islamist-revival\/2019\/10\/18\/fa01cbcc-ef7c-11e9-8693-f487e46784aa_story.html\">the Washington Post<\/a> claims that the detention of journalists and human rights advocates will strengthen the legitimacy of Islamist groups, while <a href=\"https:\/\/www.washingtonpost.com\/opinions\/2019\/10\/17\/egypts-dictatorship-is-sitting-powder-keg\/\">an opinion piece<\/a> by Ezzedine Fishere argues that the combination of economic reforms and repression is increasing political volatility in the country.<\/p>\n<p><b>The government on Friday released more than 100 people<\/b> detained following the protests, the Egyptian Center for Economic and Social Rights said, according to <a href=\"http:\/\/apnews.com\/d2a0ad9e3cd64e039860743954fe1c07\">the Associated Press<\/a>.<\/p>\n<p><b>Egypt has permanently stripped a pilot of his license<\/b> after he allowed Egyptian actor and singer Mohamed Ramadan to fly a private plane during a flight to Saudi Arabia, <a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-50099478\">the BBC reported<\/a>. <a href=\"https:\/\/nypost.com\/2019\/10\/18\/pilot-banned-for-life-after-allowing-egyptian-actor-to-sit-in-cockpit\/\">The New York Post<\/a> and <a href=\"https:\/\/sputniknews.com\/middleeast\/201910191077089789-pilot-banned-for-life-after-allowing-egyptian-actor-to-drive-the-plane\/\">Sputnik<\/a> also have the story.<\/p>\n<p><b>Reports of [redacted] assault on African refugee women increase:<\/b> Local NGOs say that there has been a notable increase in the amount of [redacted] violence directed towards African refugee women. <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N26V3RV\">Reuters interviewed<\/a> five women from Sudan, South Sudan and Somalia about their experiences.<\/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\/ancient-egypt\/\">Ancient Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/archaeology\/\">archaeology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/history\/\">History<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-ramadan\/\">Mohamed Ramadan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/un\/\">UN<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594104\" 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=\"594104\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/diver-in-egypts-red-sea-captures-footage-of-his-swim-next-to-a-moray-eel\/\">\r\n                            Diver in Egypt\u2019s Red Sea captures footage of his swim next to a moray eel                        <\/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\/10\/20\/diver-in-egypts-red-sea-captures-footage-of-his-swim-next-to-a-moray-eel\/\" 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\/10\/20\/diver-in-egypts-red-sea-captures-footage-of-his-swim-next-to-a-moray-eel\/')\">\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\/10\/20\/diver-in-egypts-red-sea-captures-footage-of-his-swim-next-to-a-moray-eel\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            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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=Diver+in+Egypt%E2%80%99s+Red+Sea+captures+footage+of+his+swim+next+to+a+moray+eel+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F20%2Fdiver-in-egypts-red-sea-captures-footage-of-his-swim-next-to-a-moray-eel%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\/10\/20\/diver-in-egypts-red-sea-captures-footage-of-his-swim-next-to-a-moray-eel\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2500.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"594105\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/diver-in-egypts-red-sea-captures-footage-of-his-swim-next-to-a-moray-eel\/2500-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2500.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2500.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2500.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2500.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594104\" class=\"content-area-description single-story post-594104 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-red-sea tag-sports tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>A diver in Egypt\u2019s Red Sea has captured footage of an up close and personal swim alongside a large moray eel<\/b> (<a href=\"https:\/\/www.dailymotion.com\/video\/x7m3irz\">watch, runtime: 00:28<\/a>). The eels, which can grow to up to 3 meters and weigh roughly 30 kg, are often found moving through coral reefs, their flexible bodies allowing them to wend their way through the narrowest passages.<\/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\/red-sea\/\">Red Sea<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594106\" 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=\"594106\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/el-araby-group-mulls-new-manufacturing-complex-in-assiut\/\">\r\n                            El Araby Group mulls new manufacturing complex in Assiut                        <\/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\/10\/20\/el-araby-group-mulls-new-manufacturing-complex-in-assiut\/\" 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\/10\/20\/el-araby-group-mulls-new-manufacturing-complex-in-assiut\/')\">\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\/10\/20\/el-araby-group-mulls-new-manufacturing-complex-in-assiut\/\">\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=El Araby Group mulls new manufacturing complex in Assiut&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/el-araby-group-mulls-new-manufacturing-complex-in-assiut\/\">\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\/10\/20\/el-araby-group-mulls-new-manufacturing-complex-in-assiut\/&title=El Araby Group mulls new manufacturing complex in Assiut\">\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=El+Araby+Group+mulls+new+manufacturing+complex+in+Assiut+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F20%2Fel-araby-group-mulls-new-manufacturing-complex-in-assiut%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\/10\/20\/el-araby-group-mulls-new-manufacturing-complex-in-assiut\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594106\" class=\"content-area-description single-story post-594106 post type-post status-publish format-standard hentry category-manufacturing tag-assiut tag-elaraby-group tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>El Araby Group is mulling setting up a new complex in Assiut to manufacture home appliances, <a href=\"https:\/\/www.facebook.com\/assioutgovernorate\/posts\/2760380907318980?__xts__%5b0%5d=68.ARD7hWNHn4_I38YfKQIA1jvQ1Ty2OrbmDZ2KDD6-_FRgwDUPYwmvLIfXTz808qDQtxbcdOOhgbSOFtlNuCZArxI19aXfNoTu_MkcGM5Pk80nXvW03tg4djMNwGR5Mg3OM5Y73x8DAO-Srs9FCI4lEH2gU0gQU5lxBPkzFWVuO-5hQ6JL90Vhg0A5kSFioLc6jJo2gWB_z-NM-vdGggxEnzzCEDh9qKVbjFKP_EGJchhmlYpsrhM72JD_roQez4yeufX9vwKutc7MQyNWK1WkCjDIC53yWq6Dzi6oi78wVTZSn1NYEBGMZBopV6gqqg_jZ4crCnLnPCGn602CeP5aSx0T3g&__tn__=-R\">the governorate said<\/a>, without disclosing details on the expected timeline or project value. El Araby previously said it will <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/30\/el-araby-group-to-open-egp-600-mn-washing-machine-factory-in-4q2019\/\">inaugurate a EGP 600 mn washing machine factory<\/a> in 4Q2019 as part of plans to build 12 factories in Beni Suef by 2022. The company had planned to increase its business to <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/15\/toshiba-elaraby-jv-to-raise-its-manufacturing-value-to-usd-100-mn-next-year\/\">USD 100 mn in 2019.<\/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\/assiut\/\">Assiut<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/elaraby-group\/\">Elaraby Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594107\" 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=\"594107\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/cira-makes-10-commitment-deposit-for-egp-479-mn-land-plot-in-badr\/\">\r\n                            CIRA makes 10% \u201ccommitment deposit\u201d for EGP 479 mn land plot in Badr                        <\/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\/10\/20\/cira-makes-10-commitment-deposit-for-egp-479-mn-land-plot-in-badr\/\" 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\/10\/20\/cira-makes-10-commitment-deposit-for-egp-479-mn-land-plot-in-badr\/')\">\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\/10\/20\/cira-makes-10-commitment-deposit-for-egp-479-mn-land-plot-in-badr\/\">\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=CIRA makes 10% \u201ccommitment deposit\u201d for EGP 479 mn land plot in Badr&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/cira-makes-10-commitment-deposit-for-egp-479-mn-land-plot-in-badr\/\">\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\/10\/20\/cira-makes-10-commitment-deposit-for-egp-479-mn-land-plot-in-badr\/&title=CIRA makes 10% \u201ccommitment deposit\u201d for EGP 479 mn land plot in Badr\">\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=CIRA+makes+10%25+%E2%80%9Ccommitment+deposit%E2%80%9D+for+EGP+479+mn+land+plot+in+Badr+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F20%2Fcira-makes-10-commitment-deposit-for-egp-479-mn-land-plot-in-badr%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\/10\/20\/cira-makes-10-commitment-deposit-for-egp-479-mn-land-plot-in-badr\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594107\" class=\"content-area-description single-story post-594107 post type-post status-publish format-standard hentry category-real-estate-housing tag-cira-education tag-education tag-enterpriseam tag-real-estate tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Cairo for Investment and Real Estate Development (CIRA) has made a 10% down payment for a EGP 479 mn land plot in Badr City, the company said in <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/235941_1.pdf\">a bourse disclosure (pdf)<\/a>. CIRA <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/19\/cira-says-government-approved-adding-7-new-schools-to-its-badr-university\/\">will add seven new colleges<\/a> to Badr University on the 76.5 feddan (321k sqm) plot. It was allocated by the New Urban Communities Authority under <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/19\/egypt-to-begin-tendering-land-under-new-mechanism\/\">a new mechanism<\/a> announced earlier this year which requires investors and developers to make a 10% \u201ccommitment deposit\u201d within 30 days of approval.<\/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\/cira-education\/\">CIRA Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594108\" 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=\"594108\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/marsa-alam-airport-receives-first-swissair-flight\/\">\r\n                            Marsa Alam Airport receives first SwissAir flight                        <\/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\/10\/20\/marsa-alam-airport-receives-first-swissair-flight\/\" 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\/10\/20\/marsa-alam-airport-receives-first-swissair-flight\/')\">\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\/10\/20\/marsa-alam-airport-receives-first-swissair-flight\/\">\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=Marsa Alam Airport receives first SwissAir flight&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/marsa-alam-airport-receives-first-swissair-flight\/\">\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\/10\/20\/marsa-alam-airport-receives-first-swissair-flight\/&title=Marsa Alam Airport receives first SwissAir flight\">\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=Marsa+Alam+Airport+receives+first+SwissAir+flight+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F20%2Fmarsa-alam-airport-receives-first-swissair-flight%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\/10\/20\/marsa-alam-airport-receives-first-swissair-flight\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594108\" class=\"content-area-description single-story post-594108 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The first SwissAir flight to Marsa Alam landed on Thursday with 143 tourists onboard, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=17102019&id=93458b05-529c-4d62-9956-8e2a2140adfd\">according to Al Shorouk<\/a>. An airport official said that three other European airlines will begin operation direct flights to the Red Sea resort town by the end of the year. The airport received the <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/18\/marsa-alam-receives-first-flight-from-milan-since-2010\/\">first flight from Milan since 2010<\/a> earlier this 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\/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=\"594111\" 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=\"594111\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/egypt-to-select-winning-bid-for-sixth-of-october-dry-port-tender-in-january\/\">\r\n                            Egypt to select winning bid for Sixth of October dry port tender in January                        <\/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\/10\/20\/egypt-to-select-winning-bid-for-sixth-of-october-dry-port-tender-in-january\/\" 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\/10\/20\/egypt-to-select-winning-bid-for-sixth-of-october-dry-port-tender-in-january\/')\">\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\/10\/20\/egypt-to-select-winning-bid-for-sixth-of-october-dry-port-tender-in-january\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt to select winning bid for Sixth of October dry port tender in January&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/egypt-to-select-winning-bid-for-sixth-of-october-dry-port-tender-in-january\/\">\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\/10\/20\/egypt-to-select-winning-bid-for-sixth-of-october-dry-port-tender-in-january\/&title=Egypt to select winning bid for Sixth of October dry port tender in January\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+to+select+winning+bid+for+Sixth+of+October+dry+port+tender+in+January+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F20%2Fegypt-to-select-winning-bid-for-sixth-of-october-dry-port-tender-in-january%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\/10\/20\/egypt-to-select-winning-bid-for-sixth-of-october-dry-port-tender-in-january\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594111\" class=\"content-area-description single-story post-594111 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-elsewedy-electric tag-enterpriseam tag-hassan-allam-holding tag-logistics wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The government will select in January the winning bid in the Sixth of October dry port tender, said Transport Minister Kamel El Wazir, <a href=\"https:\/\/alborsaanews.com\/2019\/10\/17\/1255719\">according to the local press<\/a>. Hassan Allam and Elsewedy are each in a consortium with international companies, that include Concord, Malaysia\u2019s PSA, Schenker Egypt and 3A International. These two consortiums are the only two competing for the tender. The ministry <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/11\/hassan-allam-samcrete-consortium-awarded-6-october-dry-port-tender\/\">denied reports<\/a> in the local press in September that it had awarded the tender to Hassan Allam and Samcrete, saying that it was still reviewing technical offers and that Samcrete was not attached to one of the consortiums.<\/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\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/elsewedy-electric\/\">Elsewedy Electric<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hassan-allam-holding\/\">Hassan Allam Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594112\" 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=\"594112\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/sovereign-wealth-fund-could-feature-manufacturing-renewables-logistics-sub-funds-planning-minister\/\">\r\n                            Sovereign wealth fund could feature manufacturing, renewables, logistics sub-funds -planning minister                        <\/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\/10\/20\/sovereign-wealth-fund-could-feature-manufacturing-renewables-logistics-sub-funds-planning-minister\/\" 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\/10\/20\/sovereign-wealth-fund-could-feature-manufacturing-renewables-logistics-sub-funds-planning-minister\/')\">\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\/10\/20\/sovereign-wealth-fund-could-feature-manufacturing-renewables-logistics-sub-funds-planning-minister\/\">\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=Sovereign wealth fund could feature manufacturing, renewables, logistics sub-funds -planning minister&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/sovereign-wealth-fund-could-feature-manufacturing-renewables-logistics-sub-funds-planning-minister\/\">\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\/10\/20\/sovereign-wealth-fund-could-feature-manufacturing-renewables-logistics-sub-funds-planning-minister\/&title=Sovereign wealth fund could feature manufacturing, renewables, logistics sub-funds -planning minister\">\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=Sovereign+wealth+fund+could+feature+manufacturing%2C+renewables%2C+logistics+sub-funds+-planning+minister+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F20%2Fsovereign-wealth-fund-could-feature-manufacturing-renewables-logistics-sub-funds-planning-minister%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\/10\/20\/sovereign-wealth-fund-could-feature-manufacturing-renewables-logistics-sub-funds-planning-minister\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594112\" class=\"content-area-description single-story post-594112 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-ayman-soliman tag-egypt-politics-economics tag-enterpriseam tag-finance tag-investment-watch tag-logistics tag-manufacturing tag-renewable-energy tag-sovereign-fund-of-egypt wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt\u2019s EGP 200 bn sovereign wealth fund is considering setting up several sub-funds to channel investment into the logistics, renewables, and manufacturing sectors, <a href=\"https:\/\/alborsaanews.com\/2019\/10\/17\/1255947\">said Planning Minister Hala El Said<\/a>. The minister also said that the SWF\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/07\/ayman-soliman-tapped-as-chief-executive-of-egypts-sovereign-wealth-fund\/\">newly-appointed<\/a> CEO Ayman Soliman started drumming up investor interest for the fund during the Egypt Can conference last 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\/ayman-soliman\/\">Ayman Soliman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/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\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sovereign-fund-of-egypt\/\">Sovereign Fund of Egypt<\/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=\"594113\" 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=\"594113\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/altshift-a-festival-celebrating-a-sustainable-future\/\">\r\n                            AltShift: a festival celebrating a sustainable future                        <\/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\/10\/20\/altshift-a-festival-celebrating-a-sustainable-future\/\" 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\/10\/20\/altshift-a-festival-celebrating-a-sustainable-future\/')\">\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\/10\/20\/altshift-a-festival-celebrating-a-sustainable-future\/\">\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=AltShift: a festival celebrating a sustainable future&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/altshift-a-festival-celebrating-a-sustainable-future\/\">\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\/10\/20\/altshift-a-festival-celebrating-a-sustainable-future\/&title=AltShift: a festival celebrating a sustainable future\">\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=AltShift%3A+a+festival+celebrating+a+sustainable+future+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F20%2Faltshift-a-festival-celebrating-a-sustainable-future%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\/10\/20\/altshift-a-festival-celebrating-a-sustainable-future\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594113\" class=\"content-area-description single-story post-594113 post type-post status-publish format-standard hentry category-on-your-way-out tag-civil-society tag-enterpriseam tag-startups wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>AltShift, the first zero-waste festival in Egypt took place yesterday at the Greek Campus<\/b>, bringing together startups, innovators, NGOs, and alternative marketplaces to spread ideas and knowledge about sustainable development, <a href=\"https:\/\/egyptianstreets.com\/2019\/10\/18\/music-for-change-altshift-organizing-first-zero-waste-festival-in-egypt\/\">according to Egyptian Streets<\/a>. The festival featured a full day of music and was organized by Ouishare and the Festival Internacional De Innovacion Social.<\/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\/civil-society\/\">civil society<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startups\/\">startups<\/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=\"594115\" 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=\"594115\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/the-market-yesterday-270\/\">\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\/10\/20\/the-market-yesterday-270\/\" 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\/10\/20\/the-market-yesterday-270\/')\">\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\/10\/20\/the-market-yesterday-270\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The Market Yesterday&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/the-market-yesterday-270\/\">\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\/10\/20\/the-market-yesterday-270\/&title=The Market Yesterday\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+Market+Yesterday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F20%2Fthe-market-yesterday-270%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\/10\/20\/the-market-yesterday-270\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594115\" class=\"content-area-description single-story post-594115 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><p><b>EGP \/ USD CBE market average: <\/b>Buy 16.17 | Sell 16.29<b><\/p>\n<p> EGP \/ USD at CIB:<\/b> Buy 16.16 | Sell 16.26<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 16.18 | Sell 16.28<\/p>\n<p><b>EGX30<\/b> (Thursday): 14,206 (-0.02%)<\/p>\n<p> <b>Turnover:<\/b> EGP 869 mn (22% above the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +9.0%<\/p>\n<p><b>THE MARKET ON THURSDAY:<\/b> The EGX30 ended Thursday\u2019s session down 0.02%. CIB, the index\u2019s heaviest constituent, ended down 0.8%. EGX30\u2019s top performing constituents were Madinet Nasr Housing up 6.9%, SODIC up 3.1%, and Palm Hills up 3.0%. Thursday\u2019s worst performing stocks were Eastern Co down 2.1%, Juhayna down 2.0% and Egyptian Iron & Steel down 1.5%. The market turnover was EGP 869 mn, and local investors were the sole net buyers.<\/p>\n<p><b>Foreigners<\/b>: Net short | EGP -12.8 mn<\/p>\n<p> <b>Regional<\/b>: Net short | EGP -12.3 mn<\/p>\n<p> <b>Domestic<\/b>: Net long | EGP +25.0 mn<\/p>\n<p><b>Retail<\/b>: 61.8% of total trades | 58.0% of buyers | 65.7% of sellers<\/p>\n<p> <b>Institutions<\/b>: 38.2% of total trades | 42.0% of buyers | 34.3% of sellers<\/p>\n<p><b>WTI:<\/b> USD 53.78 (-0.3%)<\/p>\n<p> <b>Brent:<\/b> USD 59.42 (-0.8%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.32 MMBtu, (-0.1%, November 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,494.10 \/ troy ounce (-0.3%)<\/p>\n<p><b>TASI:<\/b> 7,635 (+1.6%) (YTD: -2.4%)<\/p>\n<p> <b>ADX:<\/b> 5,093 (+0.1%) (YTD: +3.6%)<\/p>\n<p> <b>DFM:<\/b> 2,780 (-1.6%) (YTD: +9.9%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,299 (+0.1%)<\/p>\n<p> <b>QE:<\/b> 10,427 (-0.1%) (YTD: +1.3%)<\/p>\n<p> <b>MSM:<\/b> 4,005 (+0.1%) (YTD: -7.4%)<\/p>\n<p> <b>BB: <\/b>1,527 (+0.1%) (YTD: +14.2%)<\/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=\"594116\" 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\/10\/20\/594116\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594116\" class=\"content-area-description single-story post-594116 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>October: <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1405897\">A forum<\/a> will be organized by Russia\u2019s Rosatom and the Nuclear Power Plants Authority to introduce local suppliers and contractors to the Dabaa nuclear plant.<\/p>\n<p>October: German businessman delegation will visit Egypt to discuss good projects in order to spend German funds into Egypt.<\/p>\n<p>October: A delegation of 40-50 Saudi companies <a href=\"https:\/\/www.youm7.com\/story\/2019\/9\/22\/%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1%D9%89-%D8%A7%D9%84%D8%A3%D8%AB%D8%A7%D8%AB-%D8%A8%D8%B9%D8%AB%D8%A9-%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9-%D8%AA%D8%B6%D9%85-50-%D8%B4%D8%B1%D9%83%D8%A9-%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%AA%D8%B2%D9%88%D8%B1-%D9%85%D8%B5%D8%B1\/4423096\">will visit Egypt<\/a> to discuss increasing exports of Egyptian furniture.<\/p>\n<p>14-20 October (Monday-Sunday): <a href=\"https:\/\/meetings.imf.org\/en\/2019\/Annual\">IMF, World Bank annual meetings<\/a>, Washington, DC.<\/p>\n<p>20-24 October (Sunday-Thursday): <a href=\"https:\/\/aegypten.ahk.de\/en\/\">German-Arab Chamber of Industry and Commerce\u2019s<\/a> ROI Week with <a href=\"https:\/\/roiinstitute.net\/\">ROI Institute<\/a>, JW Marriott Hotel, New Cairo<\/p>\n<p>21-25 October (Monday-Friday): <a href=\"https:\/\/www.itu.int\/en\/ITU-R\/conferences\/RA\/2019\/Pages\/default.aspx\">Radiocommunication Assembly 2019<\/a>, Sharm El Sheikh, Egypt<\/p>\n<p>22 October (Tuesday): <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1420541\">Innovative Finance: A New Vision to Support Investment forum<\/a>, venue TBD, Cairo.<\/p>\n<p>22 October (Tuesday): 20th Century Middle Eastern Art annual auction: Sotheby\u2019s Gallery, London<\/p>\n<p>23-24 October (Wednesday-Thursday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2019\/\">Intelligent Cities Exhibition & Conference<\/a>, Hilton Heliopolis, Cairo.<\/p>\n<p>23-24 October (Wednesday-Thursday): Russian-African Summit, Sochi City, Russia.<\/p>\n<p>23 October-1 November (Wednesday-Friday): CIB PSA Women\u2019s World Championship, Great Pyramid of Giza, Cairo.<\/p>\n<p>28 October-22 November (Monday-Friday): <a href=\"https:\/\/www.itu.int\/en\/ITU-R\/conferences\/wrc\/2019\/Pages\/default.aspx\">World Radiocommunication Conference 2019<\/a>, Sharm El Sheikh, Egypt.<\/p>\n<p>28 October (Monday): B2B conference for German companies organized by the German-Arab Chamber of Industry and Commerce and the Bavarian Ministry of Economic Affairs, Regional Development and Energy, InterContinental Semiramis, Cairo.<\/p>\n<p>28 October-31 October (Monday-Thursday): A Cairo court <a href=\"https:\/\/alborsaanews.com\/2019\/08\/06\/1233322\">will rule<\/a> on the stock manipulation case, in which Gamal and Alaa Mubarak are involved, along with seven other defendants.<\/p>\n<p>28 October- 22 November: <a href=\"https:\/\/www.itu.int\/en\/ITU-R\/conferences\/wrc\/2019\/Pages\/default.aspx\">World Radiocommunication Conference 2019<\/a>, Sharm El Sheikh, Egypt<\/p>\n<p>29-30 October (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review key interest rates.<\/p>\n<p>29-30 October (Tuesday-Wednesday): <a href=\"https:\/\/africaoilandpower.com\/event\/ssop-2019\/\">South Sudan Oil & Power (SSOP) Conference<\/a>, Juba, South Sudan.<\/p>\n<p>31 October-2 November (Thursday-Saturday): Angel Oasis 2019, organized by the <a href=\"http:\/\/www.mainmena.com\/\">Middle East Angel Investment Network (MAIN)<\/a>, El Gouna, Egypt.<\/p>\n<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: The government <a href=\"https:\/\/www.masrawy.com\/news\/news_economy\/details\/2019\/10\/14\/1652060\/%D8%A5%D8%B7%D9%84%D8%A7%D9%82-%D9%82%D9%85%D8%A9-%D9%85%D8%B5%D8%B1-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D9%81%D9%8A-%D9%86%D9%88%D9%81%D9%85%D8%A8%D8%B1-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84-%D8%A8%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9#sectionListing\">will host<\/a> the Egypt Economic Summit with 40 speakers and experts across all economic fields to discuss the country\u2019s vision post the IMF program.<\/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>3-5 November (Sunday-Tuesday): <a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html\">Electrix 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>7-9 November (Thursday-Saturday): <a href=\"https:\/\/www.facebook.com\/events\/egypt-international-exhibitions-center-%D9%85%D8%B1%D9%83%D8%B2-%D9%85%D8%B5%D8%B1-%D9%84%D9%84%D9%85%D8%B9%D8%A7%D8%B1%D8%B6-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A%D8%A9\/biznex-egypt-2019-%D8%A7%D9%84%D9%85%D8%B9%D8%B1%D8%B6-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D9%84%D9%84%D8%A5%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AA%D9%88%D9%83%D9%8A%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9\/320897962130653\/\">BiznEx Egypt 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>8-22 November: Egypt will host Under-23 Africa Cup of Nations 2019.<\/p>\n<p>9 November (Saturday): Prophet Mohammed's birthday, national holiday.<\/p>\n<p>9-11 November (Saturday-Monday): <a href=\"https:\/\/www.facebook.com\/vestedsummit\/\">Vested Summit<\/a>, Sahl Hasheesh, Red Sea.<\/p>\n<p>10-14 November (Sunday-Thursday): <a href=\"https:\/\/geomeast.org\/\">GeoMEast International Congress and Exhibition<\/a>, Marriott, Cairo.<\/p>\n<p>11-13 November (Monday-Wednesday): <a href=\"https:\/\/africainvestmentforum.com\/\">Africa Investment Forum<\/a>, Gauteng, South Africa.<\/p>\n<p>12 November (Tuesday): <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/10\/Egypt-Economic-Summit_Announcement.pdf\">Egypt Economic Summit<\/a>, venue TBA.<\/p>\n<p>13-15 November (Wednesday-Friday): <a href=\"https:\/\/vc4a.com\/aesis\/africa-early-stage-investor-summit-2019\/\">Africa Early Stage Investor Summit<\/a>, Cape Town, South Africa.<\/p>\n<p>14 November (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.mactech.com.eg\/\">Machtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.transpotech-eg.com\/\">Transpotech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.airtech-eg.com\/\">Airtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>22-23 November (Friday-Saturday): <a href=\"https:\/\/www.investmentforafrica.com\/\">Invest in Africa 2019 conference<\/a>, New Administrative Capital.<\/p>\n<p>24 November (Sunday): Arabia Investments lawsuit against French Peugeot (after being postponed)<\/p>\n<p>25 November (Monday): <a href=\"https:\/\/www.globaltradematters.org\/\">Global Trade Matters international dialogue on climate neutrality<\/a>, Marriott, Cairo.<\/p>\n<p>December: Egypt <a href=\"https:\/\/www.almalnews.com\/Story\/402348\/14\/-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%B9%D8%B1%D8%B6--%D8%A8%D8%A7%D9%83-%D8%A8%D8%B1%D9%88%D8%B3%D9%8A%D8%B3--%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84-\">will host for the first time<\/a> the Pack Process trade expo for the Middle East and African region.<\/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>1-4 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>3-6 December (Tuesday-Friday): <a href=\"http:\/\/www.cairowoodshow.com\/\">Cairo WoodShow<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/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>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>10-11 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>14-17 December (Saturday-Tuesday): <a href=\"https:\/\/wyfegypt.com\/\">World Youth Forum<\/a> 2019, Sharm El Sheikh.<\/p>\n<p>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>January 2020: 2019 Confederation of African Football (CAF) Awards, Albatros Citadel Resort, <a href=\"https:\/\/alborsaanews.com\/2019\/07\/18\/1226515\">Hurghada, Egypt<\/a>.<\/p>\n<p>January 2020: <a href=\"https:\/\/punchng.com\/uk-africa-investment-summit-holds-in-jan-2020-foreign-secretary\/\">UK-Africa Investment summit<\/a>, London, United Kingdom.<\/p>\n<p>9-12 January 2020 (Tuesday-Sunday): <a href=\"http:\/\/www.plastex-online.com\/\">PLASTEX<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25 January 2020 (Saturday): 25 January revolution anniversary \/ Police Day, national holiday.<\/p>\n<p>25 January 2020 (Saturday): Midterm break for public schools and universities. Also known as: Two weeks of good commute.<\/p>\n<p>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: <a href=\"http:\/\/www.menafatf.org\/about\">The Middle East and North Africa Financial Action Task Force<\/a> (MENAFATF) <a href=\"https:\/\/almalnews.com\/%d9%85%d8%ac%d9%85%d9%88%d8%b9%d8%a9-%d8%a7%d9%84%d8%b9%d9%85%d9%84-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a-%d8%aa%d8%b2%d9%88%d8%b1-%d9%85%d8%b5%d8%b1-%d9%85%d8%a7%d8%b1%d8%b3-%d8%a7%d9%84%d9%85%d9%82\/\">will visit<\/a> Egypt to assess the progress of actions taken to combat money laundering and terrorist sponsoring activities.<\/p>\n<p>4-5 March (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 (Wednesday-Thursday): <a href=\"http:\/\/www.megaprojectsconf.com\/\">Mega Projects Conference<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/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>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\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":594079,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-594078","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"3e391c81-a47b-4a45-b42c-cd17b6e8044b","teaser":"","photo_url":"https:\/\/ent.news\/2016\/12\/887.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IMF hints at post-loan arrangement with Egypt during busy weekend in Washington. - 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