{"id":594306,"date":"2019-10-27T04:08:53","date_gmt":"2019-10-27T04:08:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=594306"},"modified":"2025-12-16T18:07:09","modified_gmt":"2025-12-16T18:07:09","slug":"the-egp-has-hit-a-fresh-two-and-a-half-year-high-but-can-it-last","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/the-egp-has-hit-a-fresh-two-and-a-half-year-high-but-can-it-last\/","title":{"rendered":"The EGP has hit a fresh two-and-a-half year high, but can it last?"},"content":{"rendered":"<section id=\"594308\" 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=\"594308\">\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\/27\/what-were-tracking-on-27-october-2019\/\">\r\n                            What we\u2019re tracking on 27 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\/27\/what-were-tracking-on-27-october-2019\/\" target=\"_blank\">\n                    Open in new tab                 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href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 27 October 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/what-were-tracking-on-27-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\/27\/what-were-tracking-on-27-october-2019\/&title=What we\u2019re tracking on 27 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+27+October+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F27%2Fwhat-were-tracking-on-27-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\/27\/what-were-tracking-on-27-october-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594308\" class=\"content-area-description single-story post-594308 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-cryptocurrency tag-enterpriseam tag-ethiopia tag-facebook tag-gerd tag-russia tag-us tag-water 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>We have a rather packed issue this morning<\/b> as the Russia-Africa summit wrapped on Thursday and a flurry of economic analysis on Egypt hit the interwebs over the weekend.<\/p>\n<p><b>Good news first: It looks like we\u2019re not going to be taking up Abiy Ahmed on that war call.<\/b> President Abdel Fattah El Sisi agreed with the Ethiopian prime minister to go back to the negotiating table over the Grand Ethiopian Renaissance Dam (GERD) during a sit-down in Sochi on Thursday.<\/p>\n<p><b>Also good: Egypt\u2019s ranking improved in the World Bank<\/b>\u2019s Ease of Doing Business Report.<\/p>\n<p><b>Neutral: The EGP has continued to strengthen<\/b> against the greenback, rising to the highest level since March 2017.<\/p>\n<p><b>On a less welcome note: Domestic equities and bonds have not been doing great since last month\u2019s protests.<\/b> Investors, particularly foreign holders of government debt, have scaled back their bullish approach to Egypt over the past few weeks at the prospect of political unpredictability.<\/p>\n<p><b>We have the rundown on all of the above<\/b> in this morning\u2019s Speed Round.<\/p>\n<hr class=\"grey-line\">\n<p class=\"web-image\"><a href=\"https:\/\/edition.cnn.com\/2019\/10\/24\/sport\/squash-gender-pay-gap-spt-intl\/index.html\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/1327.jpeg?ssl=1\"><\/a><\/p>\n<p><b>CIB kicked off the world\u2019s biggest squash event at the Giza Pyramids on Thursday. <\/b>The CIB PSA Women\u2019s World Championship and the CIB Egyptian Squash Open Men\u2019s Platinum, which are taking place simultaneously, bring together 64 women competitors and 48 men and run through Friday, 1 November.<\/p>\n<p><b>The winner of the women\u2019s world championship will earn more than will the men\u2019s world champion <\/b>at the Doha men\u2019s world championship in November \u2014 something <a href=\"https:\/\/edition.cnn.com\/2019\/10\/24\/sport\/squash-gender-pay-gap-spt-intl\/index.html?fbclid=IwAR0gSB5wesqF8JqT6IdnLOAAHvx1_ZgXH7Q-yigG00zVy74bv_sy8gc0gGQ\">CNN lauds<\/a> as a \u201cpotentially groundbreaking move\u201d as the issue of gender pay equality continues to gain attention in the sports world. First prize in the CIB women\u2019s tournament is nearly USD 49k out of a total purse of USD 430k. The men\u2019s world champion will win nearly USD 46k out of a total purse of USD 335k.<\/p>\n<p><b>Keep your fingers crossed for an all-Egyptian final <\/b>\u2014 something not outside the realm of the possible given that squash is the one sport we absolutely dominate at the global level (as immodestly advertised all over Cairo International Airport in the run-up to the tournaments).<\/p>\n<p><b>And join us in thanking our friends at CIB <\/b>for having helped build Egyptian squash into a global powerhouse. Corporate backing can make a positive difference, and this is one of those cases in which it\u2019s on display for the entire nation to see.<\/p>\n<p><b>Egypt\u2019s World No.2 Nour El Sherbini <\/b><a href=\"https:\/\/psaworldtour.com\/news\/view\/6862\/women-s-worlds-el-sherbini-eases-past-naughton\"><b>cruised past Hollie Naughton<\/b><\/a><b> in three sets yesterday<\/b> to enter the third round of the tournament. El Sherbini beat Naughton 13-11, 11-7 and 11-4 to keep her on course to retain her World Championship title.<\/p>\n<hr class=\"grey-line\">\n<p><b>German Foreign Minister Heiko Maas will arrive in Cairo tomorrow<\/b> to discuss the situations in Syria and Libya with President Abdel Fattah El Sisi and Foreign Minister Sameh Shoukry, the German embassy in Cairo said <a href=\"https:\/\/www.facebook.com\/german.embassy.cairo\/photos\/a.164023540330782\/2621010024632109\/?type=3&theater\">in a statement<\/a>.<\/p>\n<p><b>King Tut\u2019s multi-city exhibition is landing on Friday in London<\/b>, where it will be on display at the Saatchi Gallery<\/p>\n<p><b>Other dates to pencil into your agendas <\/b>this week and next:<\/p>\n<ul>\n<li><b>The <\/b><a href=\"https:\/\/securityconference.org\/veranstaltungen\/core-group-meeting\/\"><b>Munich Security Conference Core Group Meeting<\/b><\/a><b> in Cairo kicked off yesterday<\/b> and is set to wrap tomorrow, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/354428\/Egypt\/Politics-\/Cairo-to-host-Munich-Security-Conference-followup-.aspx\">according to Ahram Online<\/a>. The meeting will bring together senior foreign policy decision-makers from around the world to discuss regional security issues. <\/li>\n<li><b>A B2B conference for German and Egyptian companies<\/b> will take place tomorrow 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 Cairo International Film Festival will open on 20 November with Scorsese\u2019s \u201cThe Irishman\u201d<\/b> (<a href=\"https:\/\/www.imdb.com\/title\/tt1302006\/\">IMDb<\/a>), which was selected as the Cairo International Film Festival\u2019s (CIFF) opening title, the festival\u2019s director Ahmed Hefzy <a href=\"https:\/\/www.ciff.org.eg\/ar\/%d8%a7%d9%84%d8%a3%d9%8a%d8%b1%d9%84%d9%86%d8%af%d9%8a-%d9%84%d9%85%d8%a7%d8%b1%d8%aa%d9%86-%d8%b3%d9%83%d9%88%d8%b1%d8%b3%d9%8a%d8%b2%d9%8a-%d9%8a%d9%81%d8%aa%d8%aa%d8%ad-%d8%a7%d9%84%d8%af%d9%88\/\">said in a statement<\/a>. The critically-acclaimed film sees Scorsese rekindle that classic Goodfellas feel, with oscar-winning legends Al Pacino, Robert de Niro and Joe Pesci bringing the fedoras, the Italian-American accents and the graphic violence. CIFF kicks off on 20 November.<\/p>\n<hr class=\"grey-line\">\n<p><b>Did Egypt really get hit by a \u2018medicane\u2019 over the weekend?<\/b> A \u201cMediterranean tropical-like cyclone\u201d (or \u2018medicane,\u2019 as some would have it) \u2014 a rare type of storm with tropical hurricane characteristics \u2014 hit Egypt and Israel over the weekend, <a href=\"https:\/\/edition.cnn.com\/2019\/10\/25\/weather\/medicane-mediterranean-storm-egypt-israel-wxc\/index.html\">according to CNN<\/a> and <a href=\"https:\/\/www.washingtonpost.com\/weather\/2019\/10\/24\/rare-hurricane-like-medicane-strike-egypt-israel\/\">the Washington Post<\/a>. The UK Met Office says that these storms are a rarity at this end of the Med, particularly as the water temperatures are generally not warm enough to spawn a nontropical cyclone. But meteorologists says that climate change has pushed sea temperatures 1-3 degrees above average, and warn that this will likely become more common as they continue to rise. Egypt\u2019s Meteorological Authority, meanwhile, <a href=\"https:\/\/www.mubasher.info\/news\/3549648\/%D8%A7%D9%84%D8%A3%D8%B1%D8%B5%D8%A7%D8%AF-%D8%A7%D9%84%D8%AC%D9%88%D9%8A%D8%A9-%D8%A8%D9%85%D8%B5%D8%B1-%D9%85%D8%B3%D8%AA%D8%AD%D9%8A%D9%84-%D8%AD%D8%AF%D9%88%D8%AB-%D8%A5%D8%B9%D8%B5%D8%A7%D8%B1-%D8%A8%D8%A7%D9%84%D9%85%D9%86%D8%B7%D9%82%D8%A9\">says there\u2019s \u201cno way\u201d<\/a> for a tornado to form in the east Mediterranean.<\/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\/cryptocurrency\/\">cryptocurrency<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/facebook\/\">Facebook<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gerd\/\">GERD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/water\/\">water<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"594309\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll 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class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div 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draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-32rxj98\" data-v=\"4\" data-block-id=\"32rxj98\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-32rxj98-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-32rxj98-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 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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=\"594310\">\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\/27\/last-nights-talk-shows-for-sunday-27-october-2019\/\">\r\n                            Last night\u2019s talk shows for Sunday, 27 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\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/last-nights-talk-shows-for-sunday-27-october-2019\/&title=Last night\u2019s talk shows for Sunday, 27 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=Last+night%E2%80%99s+talk+shows+for+Sunday%2C+27+October+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F27%2Flast-nights-talk-shows-for-sunday-27-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\/27\/last-nights-talk-shows-for-sunday-27-october-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594310\" class=\"content-area-description single-story post-594310 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows 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, <\/b>with no particular coverage steering the conversation. Last night saw the talking heads tackle last week\u2019s downpours, UK tourists in Egypt, and President Abdel Fattah El Sisi\u2019s meeting with senior cabinet ministers. Oh, and it\u2019s week two of Amr Adib\u2019s version of open political debate.<\/p>\n<p><b>The Irrigation Ministry declared a state of emergency after \u201cirregular\u201d weather patterns<\/b> hit the nation last week and into the weekend, Homa Al Asema\u2019s Reham Ibrahim reported (<a href=\"https:\/\/www.youtube.com\/watch?v=OW3MlS4mwsw\">watch, runtime: 1:25<\/a>). Teams will be commissioned in every governorate to respond to heavy rainfall and floods in the coming period.<\/p>\n<p><b>El Hekaya\u2019s Amr Adib phoned the acting head of the Meteorological Authority, Ashraf Saber,<\/b> who said that a certain news outlet spread rumors that a medicane cyclone hit the country over the weekend (<a href=\"https:\/\/www.youtube.com\/watch?v=0s11sBP5hVA\">watch, runtime: 4:45<\/a>). We recap this story in this morning\u2019s What We\u2019re Tracking Today, above.<\/p>\n<p><b>Nearly half a mn Brits will visit Egypt this year -UK ambassador: <\/b>Some 500k British tourists will come to Egypt this year to \u201cenjoy [a] happy, trouble-free holiday,\u201d the UK\u2019s ambassador to Cairo Jeffrey Adams told El Hekaya\u2019s Dina Abou El Fadl in an interview. Adams said that cooperation between British and Egyptian authorities was the key to last week\u2019s decision by his government to <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/23\/uk-lifts-flight-ban-to-sharm-el-sheikh\/\">lift its four-year ban<\/a> on flights to Sharm El Sheikh (<a href=\"https:\/\/www.youtube.com\/watch?v=7uWFseDKjRE\">watch, runtime: 3:13<\/a>). Abou El Fadl\u2019s co-host Adib also showed a series of tweets from frequent British Sharm travellers excited to return to their happy place (<a href=\"https:\/\/www.youtube.com\/watch?v=c6EitS8onYA\">watch, runtime: 0:31<\/a>).<\/p>\n<p><b>Egypt\u2019s sovereign wealth fund now has a PPP investment mandate<\/b>: El Sisi directed his top officials in a meeting yesterday to focus the EGP 200 bn sovereign wealth fund on partnerships with the private sector, whether in Egypt or abroad in the presence of the fund\u2019s newly-appointed chief executive <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/07\/ayman-soliman-tapped-as-chief-executive-of-egypts-sovereign-wealth-fund\/\">Ayman Soliman<\/a>, Al Hayah Al Youm\u2019s Lobna Assal reports (<a href=\"https:\/\/www.youtube.com\/watch?v=1ONQ112dVyo\">watch, runtime: 6:21<\/a>). El Sisi, Prime Minister Moustafa Madbouly, Finance Minister Mohamed Maait, and Planning Minister Hala El Said also recapped macroeconomic indicators and discussed revamping Egypt\u2019s tax collection mechanism during the meeting.<\/p>\n<p><b>Adib gives the floor to \u201cthe opposition\u201d: <\/b>The host has lined up in the coming weeks interviews of political figures he says would give a counter view that is \u201ccritical\u201d of the current state of affairs (<a href=\"https:\/\/www.youtube.com\/watch?v=SarOgvL6tSg\">watch Adib\u2019s announcement: runtime: 1:28<\/a>). Last week\u2019s guest was urologist-turned-public intellectual <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/15\/egypt-leads-economic-growth-in-region-turkey-attacks-syria-tunisia-gets-new-president\/\">Mohamed Ghoneim<\/a>, who urged the government to go easy on taxing manufacturers and exporters, sort out its national priorities, and ease restrictions on civil society groups.<\/p>\n<p><b>Next up: politician and intellectual Osama Al Ghazaly Harb, <\/b>one of the co-founders of the pre-2011 opposition Democratic Front Party. Harb said that although Egypt is going in the right direction, there continue to be serious obstacles (<a href=\"https:\/\/www.youtube.com\/watch?v=GEM9CqRCzhM\">watch, runtime: 0: 38<\/a>). Harb echoed Ghoneim\u2019s call for re-aligning priorities by saying that the money spent on the new capital and New Alamein could have been better spent to improve education (<a href=\"https:\/\/www.youtube.com\/watch?v=4mVYs6Yh3Hc\">watch, runtime: 0:38<\/a>). He also said that, despite its problems, the 2016 EGP float was \u201ca great achievement\u201d (<a href=\"https:\/\/www.youtube.com\/watch?v=ODUVXSL3BZw\">watch, runtime: 1:15<\/a>).<\/p>\n<p><b>Harb also called for the release of his nephew, Shady El Ghazaly Harb,<\/b> who has been a political detainee for a year-and-a-half (<a href=\"https:\/\/www.youtube.com\/watch?v=2qLYCGOmIPs\">runtime: 1:49<\/a>).<\/p>\n<p><b>Miscellany from the interview: <\/b>You can watch other snippets of the interview <a href=\"https:\/\/www.youtube.com\/watch?v=D92irv2PeN4\">here<\/a> (where he speaks of Egyptians civility), <a href=\"https:\/\/www.youtube.com\/watch?v=EUcBy3-P_k4\">here<\/a> (on the impact of social media), and <a href=\"https:\/\/www.youtube.com\/watch?v=I2z0pgGityg\">here<\/a> (where he likens the president to a homing missile).<\/p>\n<p><b>Cabinet shows off its InDesign skills: <\/b>The cabinet\u2019s Information and Decision Support Center was out with <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1393019190876442?__tn__=-R\">an infographic yesterday<\/a> highlighting unemployment hitting a 30-year-low in the second quarter of the year, Al Hayah Al Youm\u2019s Lobna Assal reported (<a href=\"https:\/\/www.youtube.com\/watch?v=VdDZmAASElg\">watch, runtime: 6:23<\/a>). Capmas stats pinned down the number at 7.5% <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/14\/egypts-unemployment-rate-falls-to-7-5\/\">last August<\/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\/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=\"594311\" 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=\"594311\">\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\/27\/egypt-could-sign-new-imf-agreement-in-march-maait\/\">\r\n                            Egypt could sign new IMF agreement in March -Maait                        <\/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\/27\/egypt-could-sign-new-imf-agreement-in-march-maait\/\" 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\/27\/egypt-could-sign-new-imf-agreement-in-march-maait\/')\">\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\/27\/egypt-could-sign-new-imf-agreement-in-march-maait\/\">\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 could sign new IMF agreement in March -Maait&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/egypt-could-sign-new-imf-agreement-in-march-maait\/\">\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\/27\/egypt-could-sign-new-imf-agreement-in-march-maait\/&title=Egypt could sign new IMF agreement in March -Maait\">\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+could+sign+new+IMF+agreement+in+March+-Maait+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F27%2Fegypt-could-sign-new-imf-agreement-in-march-maait%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\/27\/egypt-could-sign-new-imf-agreement-in-march-maait\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/174.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"594312\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/egypt-could-sign-new-imf-agreement-in-march-maait\/174-jpg-16\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/174.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"174.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/174.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/174.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594311\" class=\"content-area-description single-story post-594311 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-debt tag-economic-reform-program tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <b>Egypt to sign IMF agreement in March? <\/b>Egypt could reach a post-loan agreement with the IMF by March, Finance Minister Mohamed Maait <a href=\"https:\/\/www.euromoney.com\/article\/b1hr139z1htyq4\/egypt-hopes-to-secure-new-imf-agreement-by-march-says-finance-minister\">told Euromoney<\/a>. \u201cWe have already started talking with the IMF about a future engagement and we have been in informal discussion about what will be the coming engagement, and we have put a target to finish this discussion by end of March,\u201d he said.<\/p>\n<p><b>What we know so far:<\/b> The Finance Ministry has telegraphed several times this year that it is eyeing up an agreement with the fund after the current three-year USD 12 bn extended fund facility ends in November. Maait <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/26\/egypt-hopes-to-reach-a-non-loan-program-agreement-with-imf-before-october\/\">told Bloomberg initially<\/a> that the ministry was aiming to agree a two-year program by October, a plan that was <a href=\"http:\/\/enterprise.press\/stories\/2019\/07\/01\/imf-says-no-talks-with-egypt-over-new-program\/\">swiftly put down<\/a> by the fund, which declined to enter talks until the end of the current program. The IMF\u2019s Middle East and Central Asia Director Jihad Azour <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/20\/imf-hints-at-post-loan-arrangements-with-egypt\/\">said last week<\/a> that any future engagement would likely focus on developing the private sector, strengthening welfare provisions, and increasing the transparency of state organizations. In a research note <a href=\"https:\/\/alborsaanews.com\/2019\/10\/26\/1258824\">cited yesterday by the press<\/a>, Bank of America said talks could produce a non-loan agreement with a mandatory <a href=\"https:\/\/www.investopedia.com\/terms\/r\/reserve_tranche.asp\">reserve tranche<\/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\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economic-reform-program\/\">economic reform program<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594325\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594326\" 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=\"594326\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/usd-debt-exposure-an-achilles-heel-for-ems-right-now-fitch-says\/\">\r\n                            USD debt exposure an Achilles\u2019 heel for EMs right now, Fitch says                        <\/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\/27\/usd-debt-exposure-an-achilles-heel-for-ems-right-now-fitch-says\/\" 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\/27\/usd-debt-exposure-an-achilles-heel-for-ems-right-now-fitch-says\/')\">\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\/27\/usd-debt-exposure-an-achilles-heel-for-ems-right-now-fitch-says\/\">\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=USD debt exposure an Achilles\u2019 heel for EMs right now, Fitch says&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/usd-debt-exposure-an-achilles-heel-for-ems-right-now-fitch-says\/\">\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\/27\/usd-debt-exposure-an-achilles-heel-for-ems-right-now-fitch-says\/&title=USD debt exposure an Achilles\u2019 heel for EMs right now, Fitch says\">\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=USD+debt+exposure+an+Achilles%E2%80%99+heel+for+EMs+right+now%2C+Fitch+says+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F27%2Fusd-debt-exposure-an-achilles-heel-for-ems-right-now-fitch-says%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\/27\/usd-debt-exposure-an-achilles-heel-for-ems-right-now-fitch-says\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2055.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"594327\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/usd-debt-exposure-an-achilles-heel-for-ems-right-now-fitch-says\/2055-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2055.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2055.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2055.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2055.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594326\" class=\"content-area-description single-story post-594326 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-debt tag-economy tag-emerging-markets tag-enterpriseam tag-financial-markets tag-fitch tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <b>USD debt exposure an Achilles\u2019 heel for EMs right now, Fitch says:<\/b> Of all the macro issues emerging markets have to worry about, the biggest concern for them at the current moment is their exposure to USD-denominated external debt as the USD strengthens, Fitch Solutions\u2019 Michael Larson said in a webinar we attended last week. In the wake of the 2008 global financial crisis, EMs went on a debt binge for nearly a decade, nearly doubling their private debt-to-GDP ratio between March 2008 and 2019. Now, as the USD is beginning to strengthen and EMs are required to service these debts, the latent effects of the debt binge are beginning to be felt.<\/p>\n<p><b>To make matters worse, a recession is on its way<\/b>, Larson said. The global and EM economist said that the risk of recession is rising globally, although it remains unclear exactly when it will hit. And while most like to point to the US-China trade war as being a key culprit behind the global economic slowdown, Larson pointed out that there are trade tensions all around the world fueling uncertainty, including Brexit and the trade issues between Japan and Korea. However, he says that the catalyst will likely be a US recession, which will set off a domino effect around the world.<\/p>\n<p><b>And a recession is usually followed by a USD rally, which will further exacerbate EM debt struggles.<\/b> The only question that remains at this point is when this perfect storm will manifest. Larson said his core view is that the recession won\u2019t necessarily materialize in 2020, but stressed that there are plenty of recessionary indicators that all but confirm we\u2019re well down that path.<\/p>\n<p><b>What we would have liked him to clarify: To what extent can Fed easing stave off EM Zombie Apocalypse 2: Night of the Living Debt.<\/b> He did say, however, that markets are pricing a Fed rate cut when it meets in a few days, and that Fed cuts usually propel a global monetary easing trend. However, any monetary policy action takes between 12 and 18 months to show their real effect on the economy, and whether the current easing binge will come into effect in time to shield EMs mostly depends on how other global headwinds proceed over the next 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\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-markets\/\">Financial Markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fitch\/\">Fitch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594328\" 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=\"594328\">\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\/27\/egypt-in-the-news-on-27-october-2019\/\">\r\n                            Egypt in the News on 27 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\/27\/egypt-in-the-news-on-27-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\/27\/egypt-in-the-news-on-27-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\/27\/egypt-in-the-news-on-27-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=Egypt in the News on 27 October 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/egypt-in-the-news-on-27-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\/27\/egypt-in-the-news-on-27-october-2019\/&title=Egypt in the News on 27 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=Egypt+in+the+News+on+27+October+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F27%2Fegypt-in-the-news-on-27-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\/27\/egypt-in-the-news-on-27-october-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594328\" class=\"content-area-description single-story post-594328 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-climate-change tag-committee-to-protect-journalists tag-egypt-in-the-news tag-enterpriseam tag-mohamed-ali tag-north-korea tag-social-media tag-south-sinai tag-sports tag-syria tag-twitter wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The foreign press is back to coverage of the fallout from last month\u2019s protests.<\/b> <a href=\"https:\/\/www.buzzfeednews.com\/article\/meghara\/twitter-egypt-protests-accounts-suspended\">BuzzFeed<\/a> is claiming that Twitter suspended \u201cdozens of accounts\u201d belonging to Egyptians and Egyptian-Americans critical of the government during the demonstrations that broke out in September. The social media platform apparently said that the accounts were erroneously suspended. <a href=\"https:\/\/www.wsj.com\/articles\/egypt-accused-of-using-torture-to-thwart-protests-11572084002?mod=searchresults&page=1&pos=1\">The Wall Street Journal<\/a>, meanwhile, notes the growing evidence of the use of torture by Egyptian security forces. Meanwhile, Mohamed Ali has done his fourth sit-down with the international press in as many days, adding <a href=\"https:\/\/www.france24.com\/en\/20191024-exiled-egyptian-dissident-determined-to-topple-sisi\">AFP<\/a> to <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/24\/egypts-escalating-spat-with-ethiopia-over-gerd-gets-plenty-of-foreign-coverage\/\">the interviews<\/a> he gave the BBC, New York Times and the Guardian last week.<\/p>\n<p>Other headlines to keep your eyes on this morning:<\/p>\n<ul>\n<li><b>Egypt\u2019s military ties with North Korea are back on the foreign press\u2019 radar<\/b>, with the <a href=\"https:\/\/www.washingtonpost.com\/world\/national-security\/egyptian-government-documents-officials-in-cairo-tried-to-cover-up-arms-deal-with-north-korea\/2019\/10\/25\/0a63b25e-f6bd-11e9-829d-87b12c2f85dd_story.html\">Washington Post alleging<\/a> that it has seen internal documents confirming the Egyptian military\u2019s involvement in facilitating the passage of a shipment of North Korean weapons through Egypt in 2015.<\/li>\n<li><b>Calls to free Shawkan:<\/b> The <a href=\"https:\/\/cpj.org\/blog\/2019\/10\/egypt-shawkan-photojournalist-arbitrary-detention.php\">Committee to Protect Journalists<\/a> is calling on the UN to push for the unconditional release of photojournalist Mahmoud \u201cShawkan\u201d Abu Zeid, who spends the night at a police station everyday under the conditions of his release from prison. <\/li>\n<li><b>Syrian refugees detained:<\/b> Dozens of Syrian refugees in Egypt have recently been arrested and are being held in \u201cunacceptable\u201d conditions, <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2019\/10\/egypt-syria-arrest-refugees-human-rights-violations-illegal.html\">researchers tell Al Monitor<\/a>.<\/li>\n<li><b>Climate change awareness through comedy: <\/b>A comedy troupe is visiting farmers in Southern Egypt to teach them about climate change and sustainable farming through comedic skits, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N26S3MZ\">according to the Thomson Reuters Foundation<\/a>. <\/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 class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/committee-to-protect-journalists\/\">Committee to Protect Journalists<\/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\/mohamed-ali\/\">Mohamed Ali<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/north-korea\/\">North Korea<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-media\/\">social media<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/south-sinai\/\">South Sinai<\/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\/syria\/\">Syria<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/twitter\/\">Twitter<\/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=\"594329\" 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=\"594329\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/parliament-condemns-eu-resolution-on-human-rights-violations\/\">\r\n                            Parliament condemns EU resolution on human rights violations                        <\/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\/27\/parliament-condemns-eu-resolution-on-human-rights-violations\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n       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violations&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/parliament-condemns-eu-resolution-on-human-rights-violations\/\">\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\/27\/parliament-condemns-eu-resolution-on-human-rights-violations\/&title=Parliament condemns EU resolution on human rights violations\">\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=Parliament+condemns+EU+resolution+on+human+rights+violations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F27%2Fparliament-condemns-eu-resolution-on-human-rights-violations%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\/27\/parliament-condemns-eu-resolution-on-human-rights-violations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594329\" class=\"content-area-description single-story post-594329 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-abdelfattah-el-sisi tag-civil-society tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam tag-eu tag-europe tag-house-of-representatives tag-human-rights wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Parliament condemns EU resolution on human rights violations:<\/b> The House of Representatives <a href=\"http:\/\/www.sis.gov.eg\/Story\/195894\/%D8%A8%D9%8A%D8%A7%D9%86-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D8%AA%D8%B9%D9%84%D9%8A%D9%82%D8%A7-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86-%D8%A7%D9%84%D8%B5%D8%A7%D8%AF%D8%B1-%D9%85%D9%86-%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D8%A7%D9%84%D8%A7%D9%88%D8%B1%D9%88%D8%A8%D9%8A-%D8%A8%D8%AA%D8%A7%D8%B1%D9%8A%D8%AE-%D9%A2%D9%A4-%D8%A3%D9%83%D8%AA%D9%88%D8%A8%D8%B1-%D9%A2%D9%A0%D9%A1%D9%A9?lang=ar\">issued a statement<\/a> slamming a <a href=\"https:\/\/www.europarl.europa.eu\/news\/en\/press-room\/20191017IPR64574\/human-rights-breaches-in-egypt-uganda-and-indonesia\">European Parliament resolution<\/a> that condemned Egypt for what it called a crackdown on protesters and restrictions on rights. The resolution accused Egyptian authorities of arresting more than 4.3k people in response to last month\u2019s protests, and called for \u201can end to all acts of violence and intimidation, and the immediate release of all human rights defenders.\u201d The House called the resolution an unacceptable interference in Egypt\u2019s internal affairs, claiming the resolution is riddled with lies based on \u201cfalse news\u201d disseminated by NGOs with hidden agendas.<\/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\/abdelfattah-el-sisi\/\">Abdelfattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/europe\/\">Europe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594332\" 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=\"594332\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/eni-makes-new-oil-discovery-in-gulf-of-suez\/\">\r\n                            Eni makes new oil discovery in Gulf of Suez                        <\/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\/27\/eni-makes-new-oil-discovery-in-gulf-of-suez\/\" 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\/27\/eni-makes-new-oil-discovery-in-gulf-of-suez\/')\">\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\/27\/eni-makes-new-oil-discovery-in-gulf-of-suez\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Eni makes new oil discovery in Gulf of Suez&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/eni-makes-new-oil-discovery-in-gulf-of-suez\/\">\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\/27\/eni-makes-new-oil-discovery-in-gulf-of-suez\/&title=Eni makes new oil discovery in Gulf of Suez\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Eni+makes+new+oil+discovery+in+Gulf+of+Suez+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F27%2Feni-makes-new-oil-discovery-in-gulf-of-suez%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\/27\/eni-makes-new-oil-discovery-in-gulf-of-suez\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594332\" class=\"content-area-description single-story post-594332 post type-post status-publish format-standard hentry category-energy tag-egyptian-general-petroleum-corporation tag-energy tag-eni tag-enterpriseam tag-gulf-of-suez tag-italy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Eni has discovered new oil resources in the Abu Rudeis Sidri concession in Gulf of Suez, <a href=\"https:\/\/www.eni.com\/en_IT\/media\/2019\/10\/eni-new-resources-discovered-in-the-gulf-of-suez-offshore-egypt\">the company said on Friday<\/a>. Petrobel, a JV between the state-owned Egyptian General Petroleum Corporation and Eni\u2019s Egyptian subsidiary, IEOC, had begun drilling the Sidri South well in the concession last July. The well will begin production in the next few days with an expected initial output of around 5k bbl\/d.<\/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\/egyptian-general-petroleum-corporation\/\">Egyptian General Petroleum Corporation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eni\/\">Eni<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gulf-of-suez\/\">Gulf of Suez<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/italy\/\">Italy<\/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=\"594335\" 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=\"594335\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/falling-wheat-prices-cut-import-bill-by-13-7-in-9m-2019\/\">\r\n                            Falling wheat prices cut import bill by 13.7% in 9M 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\/27\/falling-wheat-prices-cut-import-bill-by-13-7-in-9m-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\/27\/falling-wheat-prices-cut-import-bill-by-13-7-in-9m-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\/27\/falling-wheat-prices-cut-import-bill-by-13-7-in-9m-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=Falling wheat prices cut import bill by 13.7% in 9M 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/falling-wheat-prices-cut-import-bill-by-13-7-in-9m-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\/27\/falling-wheat-prices-cut-import-bill-by-13-7-in-9m-2019\/&title=Falling wheat prices cut import bill by 13.7% in 9M 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=Falling+wheat+prices+cut+import+bill+by+13.7%25+in+9M+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F27%2Ffalling-wheat-prices-cut-import-bill-by-13-7-in-9m-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\/27\/falling-wheat-prices-cut-import-bill-by-13-7-in-9m-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594335\" class=\"content-area-description single-story post-594335 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-agriculture tag-basic-materials-commodities tag-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Falling global wheat prices have knocked almost USD 20 bn off the government\u2019s import bill this year, <a href=\"https:\/\/alborsaanews.com\/2019\/10\/26\/1258698\">sources from the General Organization For Export and Import Control said<\/a>. The government spent USD 1.04 bn in the first nine months of 2019, compared to USD 1.20 bn in 9M 2018, despite imports rising to 9.4 mn tonnes from 9.3 mn tonnes.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594336\" 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=\"594336\">\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\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/\">\r\n                            Peak UK tourist numbers would increase GDP by 0.15% each year -Capital Economics                        <\/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\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/\" 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\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/')\">\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\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/\">\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=Peak UK tourist numbers would increase GDP by 0.15% each year -Capital Economics&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/\">\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\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/&title=Peak UK tourist numbers would increase GDP by 0.15% each year -Capital Economics\">\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=Peak+UK+tourist+numbers+would+increase+GDP+by+0.15%25+each+year+-Capital+Economics+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F27%2Fpeak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics%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\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594336\" class=\"content-area-description single-story post-594336 post type-post status-publish format-standard hentry category-tourism tag-capital-economics tag-easyjet tag-economy tag-enterpriseam tag-gdp tag-sharm-el-sheikh tag-tourism tag-tui wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian economy would receive a 0.15% GDP boost if the number of UK tourists returns to its pre-2011 peak, Capital Economics\u2019 senior EM economist Jason Tuvey wrote in a note on Friday. Arrivals from the UK have remained 75% below their peak amid a four-year ban on flights to Sharm El Sheikh and continued political uncertainty. The UK\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/23\/uk-lifts-flight-ban-to-sharm-el-sheikh\/\">decision to lift its flight restrictions<\/a> last week is a \u201cboon for the country\u2019s tourism sector\u201d that will contribute to increasing economic growth next year, Tuvey says. Red Sea Holidays <a href=\"https:\/\/www.mirror.co.uk\/travel\/news\/first-flights-sharm-el-sheikh-20700005\">announced hours after the ban was lifted<\/a> that it would launch weekly charter flights from late December. TUI, meanwhile, is looking to start flights next summer and Easyjet is considering its options.<\/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\/capital-economics\/\">Capital Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/easyjet\/\">EasyJet<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gdp\/\">GDP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sharm-el-sheikh\/\">Sharm El Sheikh<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tui\/\">TUI<\/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=\"594337\" 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=\"594337\">\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\/27\/hyundai-rotem-to-send-first-batch-of-air-conditioned-metro-cars-in-april\/\">\r\n                            Hyundai Rotem to send first batch of air-conditioned metro cars in April                        <\/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\/27\/hyundai-rotem-to-send-first-batch-of-air-conditioned-metro-cars-in-april\/\" 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\/27\/hyundai-rotem-to-send-first-batch-of-air-conditioned-metro-cars-in-april\/')\">\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\/27\/hyundai-rotem-to-send-first-batch-of-air-conditioned-metro-cars-in-april\/\">\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=Hyundai Rotem to send first batch of air-conditioned metro cars in April&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/hyundai-rotem-to-send-first-batch-of-air-conditioned-metro-cars-in-april\/\">\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\/27\/hyundai-rotem-to-send-first-batch-of-air-conditioned-metro-cars-in-april\/&title=Hyundai Rotem to send first batch of air-conditioned metro cars in April\">\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=Hyundai+Rotem+to+send+first+batch+of+air-conditioned+metro+cars+in+April+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F27%2Fhyundai-rotem-to-send-first-batch-of-air-conditioned-metro-cars-in-april%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\/27\/hyundai-rotem-to-send-first-batch-of-air-conditioned-metro-cars-in-april\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594337\" class=\"content-area-description single-story post-594337 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt will begin receiving in April 32 new air-conditioned metro cars in batches from Hyundai Rotem for the Cairo Metro Line 3, Transport Minister Kamel El Wazir said, <a href=\"http:\/\/mot.gov.eg\/%d8%a7%d9%84%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1\/%d9%88%d8%b2%d9%8a%d8%b1-%d8%a7%d9%84%d9%86%d9%82%d9%84-%d9%8a%d8%aa%d8%a7%d8%a8%d8%b9-%d8%a7%d9%84%d9%85%d9%88%d9%82%d9%81-%d8%a7%d9%84%d8%aa%d9%86%d9%81%d9%8a%d8%b0%d9%8a-%d9%88%d8%a7%d9%84%d9%85\/\">according to a ministry statement<\/a>. This is two months earlier than expected: the National Tunnel Authority <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/29\/egypt-to-receive-32-cars-for-third-metro-line-2\/\">said last month<\/a> that the cars would be delivered between June and December 2020 under a EUR 350 mn contract <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/02\/hyundai-rotem-lands-eur-350-mn-contract-to-supply-metro-cars\/\">signed in 2017<\/a>. The expansion of Metro Line 3 is also underway, the statement said. This will add three stops linking the Adly Mansour station to Cairo International Airport at a cost of EGP 1.5 bn.<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594338\" 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=\"594338\">\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\/27\/ny-art-museum-returns-stolen-artifact-to-egypt\/\">\r\n                            NY art museum returns stolen artifact to 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\/27\/ny-art-museum-returns-stolen-artifact-to-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/ny-art-museum-returns-stolen-artifact-to-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/ny-art-museum-returns-stolen-artifact-to-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=NY art museum returns stolen artifact to Egypt&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/ny-art-museum-returns-stolen-artifact-to-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/ny-art-museum-returns-stolen-artifact-to-egypt\/&title=NY art museum returns stolen artifact to Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=NY+art+museum+returns+stolen+artifact+to+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F10%2F27%2Fny-art-museum-returns-stolen-artifact-to-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/ny-art-museum-returns-stolen-artifact-to-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594338\" class=\"content-area-description single-story post-594338 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-ancient-egypt tag-culture tag-egypt-politics-economics tag-enterpriseam tag-history wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Metropolitan Museum of Art in New York has returned a stolen artifact to Egyptian authorities after discovering it had been illegally smuggled out of the country, the <a href=\"https:\/\/share.america.gov\/u-s-sends-stolen-ancient-gold-coffin-back-to-egypt\/\">State Department announced<\/a> on its Share America website. The item is a golden coffin that contained the remains of high-ranking priest Nedjemankh, and is thought to be around 2,100 years\u2019 old.<\/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\/culture\/\">culture<\/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\/history\/\">History<\/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=\"594339\" 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=\"594339\">\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\/27\/china-targets-ageing-egyptian-donkeys-to-fuel-local-demand-for-its-skin\/\">\r\n                            China targets ageing Egyptian donkeys to fuel local demand for its skin                        <\/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\/27\/china-targets-ageing-egyptian-donkeys-to-fuel-local-demand-for-its-skin\/\" 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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China the world\u2019s largest importers of donkey hides. The practice has been widely condemned, and is increasingly promoting the mass slaughter of animals and putting entire developing communities at risk, <a href=\"https:\/\/www.theguardian.com\/global-development-professionals-network\/2017\/jan\/29\/donkey-skin-chinese-medicine-slaughter-price\">says the Guardian<\/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\/china\/\">China<\/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=\"594341\" 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=\"594341\">\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\/27\/the-market-yesterday-275\/\">\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\/27\/the-market-yesterday-275\/\" 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\/27\/the-market-yesterday-275\/')\">\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\/27\/the-market-yesterday-275\/\">\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\/27\/the-market-yesterday-275\/\">\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\/27\/the-market-yesterday-275\/&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%2F27%2Fthe-market-yesterday-275%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\/27\/the-market-yesterday-275\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594341\" class=\"content-area-description single-story post-594341 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 16.07 | Sell 16.20<b><\/p>\n<p> EGP \/ USD at CIB:<\/b> Buy 16.08 | Sell 16.18<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 16.10 | Sell 16.20<\/p>\n<p><b>EGX30<\/b> (Thursday): 14,206 (+0.6%)<\/p>\n<p> <b>Turnover:<\/b> EGP 555 mn (21% below 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 up 0.6%. CIB, the index\u2019s heaviest constituent, ended down 0.2%. EGX30\u2019s top performing constituents were Eastern Co up 3.1%, Orascom Investment Holding up 3.1% and Qalaa Holding up 3.0%. Thursday\u2019s worst performing stocks were Egyptian Resorts down 0.8%, CIB down 0.2% and Telecom Egypt down 0.1%. The market turnover was EGP 555 mn, and foreign investors were the sole net buyers.<\/p>\n<p><b>Foreigners<\/b>: Net long | EGP +13.4 mn<\/p>\n<p> <b>Regional<\/b>: Net short | EGP -6.3 mn<\/p>\n<p> <b>Domestic<\/b>: Net short | EGP -7.1 mn<\/p>\n<p><b>Retail<\/b>: 51.7% of total trades | 41.0% of buyers | 52.4% of sellers<\/p>\n<p> <b>Institutions<\/b>: 48.3% of total trades | 49.0% of buyers | 47.6% of sellers<\/p>\n<p><b>WTI:<\/b> USD 56.66 (+0.8%)<\/p>\n<p> <b>Brent:<\/b> USD 62.02 (+0.6%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.30 MMBtu, (-0.7%, November 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,505.30 \/ troy ounce (+0.0%)<\/p>\n<p><b>TASI:<\/b> 7,913 (+0.3%) (YTD: +1.1%)<\/p>\n<p> <b>ADX:<\/b> 5,163 (+0.2%) (YTD: +5.0%)<\/p>\n<p> <b>DFM:<\/b> 2,784 (+0.1%) (YTD: +10.1%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,284 (+0.0%)<\/p>\n<p> <b>QE:<\/b> 10,377 (+0.2%) (YTD: +0.8%)<\/p>\n<p> <b>MSM:<\/b> 3,989 (-0.2%) (YTD: -7.8%)<\/p>\n<p> <b>BB: <\/b>1,526 (+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=\"594342\" 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\/27\/594342\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594342\" class=\"content-area-description single-story post-594342 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>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>29-30 October (Tuesday- Wednesday): 10th African Food Day Conference, Cairo, Egypt<\/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>November: ITIDA <a href=\"https:\/\/www.youm7.com\/story\/2019\/10\/20\/%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D8%AA%D9%83%D9%86%D9%88%D9%84%D9%88%D8%AC%D9%8A%D8%A7-%D8%A7%D9%84%D9%85%D8%B9%D9%84%D9%88%D9%85%D8%A7%D8%AA-%D8%AD%D8%B3%D9%85-%D9%85%D9%86%D8%A7%D9%82%D8%B5%D8%A9-%D9%85%D8%AC%D9%85%D8%B9%D8%A7%D8%AA-%D8%A5%D8%A8%D8%AF%D8%A7%D8%B9-%D8%A7%D9%84%D8%A5%D9%84%D9%83%D8%AA%D8%B1%D9%88%D9%86%D9%8A%D8%A7%D8%AA-%D8%A3%D9%88%D9%84-%D9%86%D9%88%D9%81%D9%85%D8%A8%D8%B1\/4465587\">to announce<\/a> the winning bid in a tender to manage three new innovation centers.<\/p>\n<p>3 November (Sunday): Real Estate Debate 2019 Conference \u2013 Catalysts for Growth in 2020, Cairo Marriott Hotel.<\/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>4-6 November (Monday-Wednesday): Egypt\u2019s Chamber of Tourism Establishments <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/353335\/Egypt\/Politics-\/Egypt-participates-in-UKs-World-Travel-and-Tourism.aspx\">will participate<\/a> in the UK\u2019s <a href=\"https:\/\/london.wtm.com\/\">World Travel Market<\/a> (WTM) event in London.<\/p>\n<p>7 November (Thursday): AmCham <a href=\"https:\/\/alborsaanews.com\/2019\/10\/20\/1256683\">will hold<\/a> the Prosper Africa Event.<\/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>18 November (Monday): AmCham\u2019s <a href=\"https:\/\/alborsaanews.com\/2019\/10\/20\/1256683\">US-Egypt Proposer Forum<\/a> in Cairo. US trade delegation visits Cairo to discuss investments in health, energy and information technology as part of the gathering.<\/p>\n<p>20-29 November (Wednesday-Friday): <a href=\"http:\/\/www.ciff.org.eg\/\">Cairo International Film Festival<\/a>, Cairo Opera House, Egypt, Cairo, Egypt.<\/p>\n<p>20 November (Wednesday): <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D8%B1%D8%A6%D9%8A%D8%B3-%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%A9-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A7%D8%B3%D9%84%D8%A7%D9%85%D9%89-%D9%84%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D8%A7%D9%84%D8%A7%D8%B5%D9%84%D8%A7%D8%AD-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A-%D9%88%D8%A7%D9%84%D8%AA%D8%B4%D8%B1%D9%8A%D8%B9%D9%8A-%D9%88%D8%A7%D9%84%D8%AA%D9%8A%D8%B3%D9%8A%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D9%82%D8%AF%D9%85%D8%A9-%D9%84%D9%84%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%8A%D9%86-%D8%AA%D8%B4%D8%AC%D8%B9-%D8%B9%D9%84%D9%89-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA.aspx\">The Investment Ministry<\/a> and the Islamic Development Bank will organize the \u201cleaders for change\u201d startup competition as part of the Fekretak Sherketak initiative, location TBD, Cairo, Egypt.<\/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 2020: <a href=\"http:\/\/www.menafatf.org\/about\">The Middle East and North Africa Financial Action Task Force<\/a> (MENAFATF) <a href=\"https:\/\/almalnews.com\/%d9%85%d8%ac%d9%85%d9%88%d8%b9%d8%a9-%d8%a7%d9%84%d8%b9%d9%85%d9%84-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a-%d8%aa%d8%b2%d9%88%d8%b1-%d9%85%d8%b5%d8%b1-%d9%85%d8%a7%d8%b1%d8%b3-%d8%a7%d9%84%d9%85%d9%82\/\">will visit<\/a> Egypt to assess the progress of actions taken to combat money laundering and terrorist sponsoring activities.<\/p>\n<p>4-5 March 2020 (Wednesday-Thursday): <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/10\/Press-Release-26th-Annual-Women-Economic-Forum-March-2020-Cairo-Egypt.pdf\">Women Economic Forum<\/a>, Cairo.<\/p>\n<p>25-26 March 2020 (Wednesday-Thursday): <a href=\"http:\/\/www.megaprojectsconf.com\/\">Mega Projects Conference<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23 April 2020 (Thursday): First day of Ramadan (TBC).<\/p>\n<p>23-26 May 2020 (Saturday-Tuesday): Eid El Fitr (TBC).<\/p>\n<p>5-7 May 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.afsic.net\/\">AFSIC - Investing in Africa<\/a>, London, United Kingdom.<\/p>\n<p>30 June 2020 (Sunday): June 2013 protests anniversary, national holiday.<\/p>\n<p>November 2020: Egypt <a href=\"http:\/\/gate.ahram.org.eg\/News\/2284801.aspx\">will host simultaneously<\/a> the International Capital Market Association\u2019s emerging market, and Africa and Middle East meetings.<\/p>\n<p>30 July 2020-3 August 2020 (Thursday-Monday): Eid El Adha (TBC), national holiday.<\/p>\n<p>19-20 August 2020 (Wednesday-Thursday): Islamic New Year (TBC), national holiday.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":594307,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-594306","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"71ae1574-b93d-4456-b4f0-052252767044","teaser":"","photo_url":"https:\/\/ent.news\/2019\/2\/40.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>The EGP has hit a fresh two-and-a-half year high, but can it last? 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