{"id":594815,"date":"2019-09-09T04:11:23","date_gmt":"2019-09-09T04:11:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=594815"},"modified":"2025-12-16T18:24:58","modified_gmt":"2025-12-16T18:24:58","slug":"stamp-tax-could-rise-on-everything-under-the-sun","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/stamp-tax-could-rise-on-everything-under-the-sun\/","title":{"rendered":"Stamp tax could rise on everything under the sun"},"content":{"rendered":"<section id=\"594817\" 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=\"594817\">\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\/09\/09\/what-were-tracking-on-9-september-2019\/\">\r\n                            What we\u2019re tracking on 9 September 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\/09\/09\/what-were-tracking-on-9-september-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\/09\/09\/what-were-tracking-on-9-september-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\/09\/09\/what-were-tracking-on-9-september-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 9 September 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/what-were-tracking-on-9-september-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\/09\/09\/what-were-tracking-on-9-september-2019\/&title=What we\u2019re tracking on 9 September 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+9+September+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fwhat-were-tracking-on-9-september-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\/09\/09\/what-were-tracking-on-9-september-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594817\" class=\"content-area-description single-story post-594817 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-aramco tag-diplomacy tag-enterpriseam tag-global-economy tag-us-china-trade-war tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><b>It\u2019s shaping up to be an eventful few days<\/b>, which could see the pace of the news cycle pick up after a bout of humdrum news.<\/p><p><b>The key news trigger this week:<\/b> The Central Bank of Egypt and Capmas will release August\u2019s inflation figures on Tuesday. Inflation <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/14\/egypts-headline-inflation-falls-to-four-year-low-in-july-despite-subsidy-cuts\/\">fell unexpectedly<\/a> to a four-year low of 8.7% in July.<\/p><p><b>The EBRD is in town today:<\/b> A delegation from the European Bank for Reconstruction &amp; Development\u2019s board of directors arrives in Egypt today for a four-day economic fact finding mission. The team will meet with Prime Minister Moustafa Madbouly, Investment Minister Sahar Nasr, Finance Minister Mohamed Maait, Electricity Minister Mohamed Shaker, Transport Minister Kamel El Wazir and CBE Governor Tarek Amer, as well as a number of business and diplomatic representatives. The delegation will also visit a number of projects financed by the bank.<\/p><p><b>SWF boss to be announced within a month?<\/b> The board of directors of our EGP 200 bn sovereign wealth fund is expected to announce who will helm the fund within a month, Planning Minister Hala El Said <a href=\"https:\/\/hapijournal.com\/2019\/09\/08\/%D8%AF-%D9%87%D8%A7%D9%84%D8%A9-%D8%A7%D9%84%D8%B3%D8%B9%D9%8A%D8%AF-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%AF%D9%8A-%D8%A7%D9%84%D8%AA\/\">tells Hapi Journal<\/a>. The board had come up with an additional nine nominees after previously <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/15\/what-were-tracking-on-15-july-2019\/\">shortlisting four candidates<\/a>, and has whittled down the list to the final two potential hires.<\/p><p><b>Calling all fintech businesses:<\/b> FinTech Abu Dhabi, a financial tech-focused event organized by Abu Dhabi Global Market, <a href=\"https:\/\/www.fintechabudhabi.com\/fintech-abu-dhabi-tour\">will be in Cairo on Monday<\/a>, 16 September to give fintech businesses a chance to attend the event in Abu Dhabi without charge by pitching their business. The deadline to <a href=\"https:\/\/fintechabudhabi.typeform.com\/to\/WPyYMx\">apply to pitch<\/a> is this Thursday, 12 September.<\/p><hr class=\"grey-line\"><p><b>Is China pulling ahead in the race to dominate 5G technology?<\/b> China is on track to have 100 mn 5G users by the end of 2020 \u2014 far more than any other country, according to <a href=\"https:\/\/www.wsj.com\/articles\/in-the-race-to-dominate-5g-china-has-an-edge-11567828888\">the Wall Street Journal<\/a>. US wireless providers are expected to significantly outspend their Chinese counterparts in 5G construction in the coming five years as part of a bid to maintain their lead in early deployment of the technology. Except it\u2019s much cheaper to build in China.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2411.jpg?ssl=1\"><\/p><p><b>Trump\u2019s Mideast peace plan dealt blow as Jason Greenblatt resigns:<\/b> US Middle East peace envoy and the brains behind US President Donald Trump\u2019s Mideast peace plan Jason Greenblatt has resigned, <a href=\"https:\/\/www.apnews.com\/cb17a0e7dfd541819e718724a215292e\">the Associated Press reports<\/a>. As Trump\u2019s chief envoy for international negotiations, Greenblatt played a key role in developing and drafting the plan, which has been repeatedly delayed amid growing doubts over its viability.<\/p><p><b>This doesn\u2019t bode well for the future of the plan<\/b>, former peace negotiator Aaron David Miller tells <a href=\"https:\/\/www.timesofisrael.com\/the-strange-timing-of-greenblatts-white-house-departure\/\">the Times of Israel<\/a>. Greenblatt\u2019s resignation before the plan is rolled out \u201cspeaks to the absence of seriousness and credibility\u2026 What does this say about their confidence and hopes for implementation?\u201d he said.<\/p><p><b>JPMorgan close to locking down lead advisor role in Aramco IPO:<\/b> JPMorgan is reportedly close to landing the lead advisory role in Saudi Aramco\u2019s imminent initial public offering, sources in the know <a href=\"https:\/\/www.reuters.com\/article\/us-saudi-aramco-ipo-jp-morgan\/jpmorgan-close-to-winning-lead-advisory-role-for-saudi-aramco-ipo-source-idUSKCN1VT0NT?il=0\">tell Reuters<\/a>. The investment bank is up against Morgan Stanley \u2014 which is said to have hurt its chances with its work leading the Uber IPO. A final decision is expected later this week, the sources said. The Saudi oil giant is also likely to give IPO roles to banks Citigroup, Goldman Sachs, HSBC, and Samba Financial Bank, <a href=\"https:\/\/www.reuters.com\/article\/us-saudi-aramco-ipo-roles\/saudi-aramco-likely-to-give-ipo-roles-to-citi-goldman-hsbc-and-samba-source-idUSKCN1VT0QQ?il=0\">according to the newswire<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aramco\/\">Aramco<\/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\/global-economy\/\">global economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us-china-trade-war\/\">US-China trade war<\/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=\"594818\" 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 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href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/meetings-of-top-egyptian-officials-to-discuss-energy-dominates-airwaves\/\">\r\n                            Meetings of top Egyptian officials to discuss energy dominates airwaves                        <\/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\/09\/09\/meetings-of-top-egyptian-officials-to-discuss-energy-dominates-airwaves\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> 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Egyptian officials to discuss energy dominates airwaves&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/meetings-of-top-egyptian-officials-to-discuss-energy-dominates-airwaves\/\">\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\/09\/09\/meetings-of-top-egyptian-officials-to-discuss-energy-dominates-airwaves\/&title=Meetings of top Egyptian officials to discuss energy dominates airwaves\">\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=Meetings+of+top+Egyptian+officials+to+discuss+energy+dominates+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fmeetings-of-top-egyptian-officials-to-discuss-energy-dominates-airwaves%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\/09\/09\/meetings-of-top-egyptian-officials-to-discuss-energy-dominates-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594819\" class=\"content-area-description single-story post-594819 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-aviation tag-energy tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-non-banking-financial-service tag-oil-and-gas tag-social-welfare wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Energy projects and developments were the order of the day<\/b> on last night\u2019s talk shows as top officials held several meetings yesterday.<\/p>\n<p><b>El Sisi, Madbouly, Shaker meet to discuss Dabaa: <\/b>President Abdel Fattah El Sisi, Prime Minister Moustafa Madbouly, Electricity Minister Mohamed Shaker, and Nuclear Power Plant Authority head Amgad El Wakeel discussed the latest developments of the Dabaa nuclear power plant and electricity infrastructure work at the new administrative capital, Al Hayah Al Youm\u2019s Lobna Assal reported (<a href=\"https:\/\/youtu.be\/e-_1NzHO6og\">watch, runtime: 1:54<\/a>).<\/p>\n<p><b>Our goal of becoming a regional energy hub was the main focus of a separate meeting<\/b> El Sisi, Madbouly, and Shaker held with Oil Minister Tarek El Molla and Finance Minister Mohamed Maait. The meeting saw discussions of future plans for the oil and gas sector, including expanding the scope of E&P projects and developing infrastructure, Masaa DMC\u2019s Eman El Hosary noted (<a href=\"https:\/\/youtu.be\/Rd-xfCa4wqU\">watch, runtime: 1:42<\/a>).<\/p>\n<p><b>Banks have sold EGP 800 mn-worth of Aman insurance certificate of deposits in 14 months<\/b>, according to central bank figures cited by Al Hayah Al Youm's Lobna Assal (<a href=\"https:\/\/youtu.be\/7dNwYFMYG7s\">watch, runtime: 2:09<\/a>). <a href=\"http:\/\/www.banquemisr.com\/ar\/smes\/AccountsDeposits\/Pages\/Aman-Elmasreen.aspx\">Aman certificates<\/a> are provided to temporary and seasonal workers and offer life insurance policies and pension payouts. They were issued for the first time by local banks in March of last year.<\/p>\n<p><b>EgyptAir receives Airbus 220-300 plane: <\/b>Flag carrier EgyptAir has received its first Airbus 220-300, manufactured at Canada's Mirabel plant in Montreal, El Hekaya\u2019s Amr Adib said (<a href=\"https:\/\/youtu.be\/q-W2P58bBmo\">watch, runtime: 1:42<\/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\/aviation\/\">aviation<\/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\/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\/non-banking-financial-service\/\">non-banking financial service<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-welfare\/\">social welfare<\/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=\"594820\" 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=\"594820\">\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\/09\/09\/egypt-mulls-raising-stamp-tax-fees-on-everything-under-the-sun\/\">\r\n                            Egypt mulls raising stamp tax fees on everything under the sun                        <\/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\/09\/09\/egypt-mulls-raising-stamp-tax-fees-on-everything-under-the-sun\/\" 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\/09\/09\/egypt-mulls-raising-stamp-tax-fees-on-everything-under-the-sun\/')\">\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\/09\/09\/egypt-mulls-raising-stamp-tax-fees-on-everything-under-the-sun\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt mulls raising stamp tax fees on everything under the sun&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-mulls-raising-stamp-tax-fees-on-everything-under-the-sun\/\">\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\/09\/09\/egypt-mulls-raising-stamp-tax-fees-on-everything-under-the-sun\/&title=Egypt mulls raising stamp tax fees on everything under the sun\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+mulls+raising+stamp+tax+fees+on+everything+under+the+sun+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fegypt-mulls-raising-stamp-tax-fees-on-everything-under-the-sun%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\/09\/09\/egypt-mulls-raising-stamp-tax-fees-on-everything-under-the-sun\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/773.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"594821\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-mulls-raising-stamp-tax-fees-on-everything-under-the-sun\/773-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/773.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"773.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/773.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/773.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594820\" class=\"content-area-description single-story post-594820 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-enterpriseam tag-finance-ministry tag-legislation tag-speed-round tag-stamp-tax tag-tax 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>EXCLUSIVE- FinMin mulls raising fees on electricity consumption, car licenses, bank transactions, and a whole lot else under Stamp Tax Act amendments:<\/b> A Finance Ministry committee mandated with drafting amendments to the outdated Stamp Tax Act is proposing introducing changes to the stamp tax imposed on electricity consumption and licensing fees for cars and shops, government sources tell Enterprise. The proposal would also see changes introduced to the tax rate imposed on bank transactions, telephone calls, and building licensing fees, among a host of other things. The committee is not looking to hike the tax on water and gas utility bills. The changes, if approved, could raise the state\u2019s tax revenues by 20%.<\/p>\n<p><b>Electricity consumption for households, industry, commercial spaces:<\/b> The proposed changes would unify the stamp tax on electricity consumption for households and industry to EGP 0.01 per kWh. Households consumption has so far been exempt from the stamp tax, while industrial consumption is currently taxed EGP 0.006 per 10,000 kWh. The committee is also proposing hiking the stamp tax on non-industrial electricity consumption, including for commercial spaces, roads, and communal use areas such as apartment building lobbies to EGP 0.05 \/ kWh, up from a current EGP 0.03 \/ kWh.<\/p>\n<p><b>Car licensing fees:<\/b> Licensing fees for heavy trucks weighing more than 15 tonnes would cost EGP 30 instead of EGP 18. The stamp tax on driving licenses for operating a five-tonne truck would increase to EGP 20 from EGP 12. The tax on licenses for passenger vehicles would also increase to EGP 10 for cars with four or fewer cylinders (up from a current EGP 4), while licenses for cars with more than four cylinders would increase to EGP 20 from EGP 12.<\/p>\n<p><b>The stamp tax on your salary is also set to increase:<\/b> The stamp tax on individuals\u2019 salaries would also increase under a tier system, with the first EGP 500 of any salary exempt from the tax. That means if you earn EGP 10,000 per month, your taxable income would be considered EGP 9,500. The tiers would be as follows:<\/p>\n<ul>\n<li>Those earning EGP 500-5,000 would be taxed 0.50%;<\/li>\n<li>Monthly salaries between EGP 5,000 and EGP 10,000 would be taxed 0.55%;<\/li>\n<li>All salaries exceeding EGP 10,000 would be subject to a unified tax rate of 0.60%.<\/li>\n<\/ul>\n<p><b>Issuing government certificates and documents:<\/b> The fee on issuing elementary education certificates would rise to EGP 5 from EGP 1.20, while middle and high school certificates would be subject to a EGP 10 and EGP 20 fee, respectively. Certificates for undergraduate, masters, and PhD degrees would also be hiked to EGP 30, EGP 60, and EGP 80, respectively. Vocational degree earners would be required to pay a EGP 20 fee to receive their certificate. Getting married and divorced will also get a bit more expensive: The fee on marriage certificates would rise to EGP 50 from EGP 15 currently, while divorce papers would be subject to a EGP 100 fee, up from EGP 30.<\/p>\n<p><b>Also expected to see a change under the proposed amendments:<\/b><\/p>\n<ul>\n<li>Bank transfers within Egypt and outside of the country would be subject to a 0.4% stamp tax;<\/li>\n<li>Licensing fees for quarries and brick factories would rise to EGP 500 from EGP 300;<\/li>\n<li>The stamp tax on construction licenses would rise to EGP 50 from EGP 30;<\/li>\n<li>The stamp tax on shipping certificates would rise to 20% from 18% of the value of the goods being shipped, with a ceiling set at EGP 0.60. <\/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\/finance-ministry\/\">Finance Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/stamp-tax\/\">stamp tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax\/\">tax<\/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=\"594837\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594838\" 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=\"594838\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-in-the-news-on-9-september-2019\/\">\r\n                            Egypt in the News on 9 September 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\/09\/09\/egypt-in-the-news-on-9-september-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\/09\/09\/egypt-in-the-news-on-9-september-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\/09\/09\/egypt-in-the-news-on-9-september-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 9 September 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-in-the-news-on-9-september-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\/09\/09\/egypt-in-the-news-on-9-september-2019\/&title=Egypt in the News on 9 September 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+9+September+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fegypt-in-the-news-on-9-september-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\/09\/09\/egypt-in-the-news-on-9-september-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594838\" class=\"content-area-description single-story post-594838 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-culture tag-egypt-in-the-news tag-enterpriseam tag-facebook tag-instagram tag-media tag-social-media tag-startups tag-sudan tag-twitter wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>There is no single topic that is leading the conversation on Egypt<\/b> in the foreign press this morning.<\/p>\n<p><b>Social media accounts from Egypt and other countries in the Middle East <\/b><a href=\"https:\/\/newsroom.fb.com\/news\/2019\/08\/cib-uae-egypt-saudi-arabia\/\"><b>that were shut down<\/b><\/a><b> by Facebook <\/b><a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/04\/what-were-tracking-on-4-august-2019\/\"><b>in early August<\/b><\/a><b> had been publishing content supportive of Sudan\u2019s military<\/b> following the ouster of former president Omar Al Bashir, Declan Walsh and Nada Rashwan <a href=\"https:\/\/www.nytimes.com\/2019\/09\/06\/world\/middleeast\/sudan-social-media.html?smid=nytcore-ios-share\">write in the New York Times<\/a>. Facebook has said it did \u201chad not found sufficient evidence to link the operation the governments of Egypt or the United Arab Emirates.\u201d<\/p>\n<p><b>Egyptian and Maltese authorities say that thousands of rare birds have been killed in Egypt and smuggled into Malta<\/b>, <a href=\"https:\/\/timesofmalta.com\/articles\/view\/700-dead-birds-tip-of-the-iceberg-investigators-say.733612\">the Times of Malta reports<\/a>. A <a href=\"https:\/\/timesofmalta.com\/articles\/view\/maltese-poachers-linked-to-alleged-hunting-crimes-in-egypt.730705\">raid in August<\/a>, uncovered 700 dead birds which were linked to possible hunting crimes in Egyptian national parks.<\/p>\n<p>Other headlines worth a skim:<\/p>\n<ul>\n<li><b>Newspaper digitization: <\/b>The government\u2019s decision to digitize the national press is \u201ca tacit admission of its inability to effectively manage the publications,\u201d <a href=\"https:\/\/thearabweekly.com\/egypts-newspapers-shift-print-online\">the Arab Weekly<\/a> argues.<\/li>\n<li><b>Egyptian start-up revives traditional weaving:<\/b> The growing popularity of Cairo-based e-commerce site Kiliim, named after the traditional art of hand-weaving, is bringing the once-dying craft to local and foreign markets, <a href=\"https:\/\/www.thenational.ae\/business\/economy\/generation-start-up-kiliim-is-reviving-egypt-s-traditional-weaving-through-the-web-1.907474\">the National reports<\/a>. <\/li>\n<li><b>Save the fish:<\/b> An Egyptian fisherman has launched a campaign to increase the Nile\u2019s fish population by introducing thousands of baby fish into the river, <a href=\"http:\/\/www.xinhuanet.com\/english\/2019-09\/08\/c_138374339.htm\">Xinhua reports<\/a>.<\/li>\n<li><b>An Egyptian delegation met with Hamas leader Yahya Sinwar<\/b> in Gaza yesterday to mediate between Israel and Hamas, reports <a href=\"https:\/\/www.ynetnews.com\/articles\/0,7340,L-5584335,00.html\">Israel\u2019s Ynetnews<\/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\/culture\/\">culture<\/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\/facebook\/\">Facebook<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/instagram\/\">Instagram<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/media\/\">media<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-media\/\">social media<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"594839\" 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=\"594839\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-sudan-electricity-grid-interconnection-to-begin-trial-runs-early-2020-minister\/\">\r\n                            Egypt-Sudan electricity grid interconnection to begin trial runs early 2020- minister                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-sudan-electricity-grid-interconnection-to-begin-trial-runs-early-2020-minister\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-sudan-electricity-grid-interconnection-to-begin-trial-runs-early-2020-minister\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-sudan-electricity-grid-interconnection-to-begin-trial-runs-early-2020-minister\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt-Sudan electricity grid interconnection to begin trial runs early 2020- minister&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-sudan-electricity-grid-interconnection-to-begin-trial-runs-early-2020-minister\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-sudan-electricity-grid-interconnection-to-begin-trial-runs-early-2020-minister\/&title=Egypt-Sudan electricity grid interconnection to begin trial runs early 2020- minister\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt-Sudan+electricity+grid+interconnection+to+begin+trial+runs+early+2020-+minister+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fegypt-sudan-electricity-grid-interconnection-to-begin-trial-runs-early-2020-minister%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-sudan-electricity-grid-interconnection-to-begin-trial-runs-early-2020-minister\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594839\" class=\"content-area-description single-story post-594839 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam tag-sudan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The trial launch of the Egypt-Sudan electricity grid interconnection project is scheduled to begin by early 2020, Electricity Minister Mohamed Shaker <a href=\"https:\/\/hapijournal.com\/2019\/09\/08\/%d8%a7%d9%84%d8%af%d9%83%d8%aa%d9%88%d8%b1-%d9%85%d8%ad%d9%85%d8%af-%d8%b4%d8%a7%d9%83%d8%b1-%d8%a8%d8%af%d8%a1-%d8%a7%d9%84%d8%aa%d8%b4%d8%ba%d9%8a%d9%84-%d8%a7%d9%84%d8%aa%d8%ac%d8%b1%d9%8a%d8%a8\/\">told Hapi Journal<\/a>. Electricity Ministry spokesperson Ayman Hamza had <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/17\/egypt-sudan-electricity-connection-to-go-live-at-the-end-of-2019\/\">recently said<\/a> that the project is expected to go live by the end of this year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594840\" 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=\"594840\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/no-rice-imports-needed-during-current-fiscal-year-moselhy\/\">\r\n                            No rice imports needed during current fiscal year -Moselhy                        <\/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\/09\/09\/no-rice-imports-needed-during-current-fiscal-year-moselhy\/\" 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\/09\/09\/no-rice-imports-needed-during-current-fiscal-year-moselhy\/')\">\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\/09\/09\/no-rice-imports-needed-during-current-fiscal-year-moselhy\/\">\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=No rice imports needed during current fiscal year -Moselhy&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/no-rice-imports-needed-during-current-fiscal-year-moselhy\/\">\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\/09\/09\/no-rice-imports-needed-during-current-fiscal-year-moselhy\/&title=No rice imports needed during current fiscal year -Moselhy\">\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=No+rice+imports+needed+during+current+fiscal+year+-Moselhy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fno-rice-imports-needed-during-current-fiscal-year-moselhy%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\/09\/09\/no-rice-imports-needed-during-current-fiscal-year-moselhy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594840\" class=\"content-area-description single-story post-594840 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-ali-al-moselhy tag-basic-materials-commodities tag-commodities tag-enterpriseam tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt has sufficient rice reserves and will not need to import rice during the current fiscal year, Supply Minister Ali El Moselhy said yesterday, <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-rice\/egypt-will-not-import-rice-in-the-current-financial-year-minister-idUSKCN1VT07U\">according to Reuters<\/a>. An official at the Federation of Egyptian Industries <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/25\/egypts-rice-cultivation-expected-to-increase-140-y-o-y-in-2019\/\">forecast last month<\/a> that production would surge 140% this year to 6 mn tonnes. This came after the Agriculture Ministry <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/14\/egypt-to-boost-rice-cultivation-to-1-1-mn-feddans\/\">said in March<\/a> that it would this year increase the cultivation area for the crop to 1.1 mn feddans from 800k in 2018.<\/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\/ali-al-moselhy\/\">Ali Al Moselhy<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594841\" 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=\"594841\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/samir-aly-to-inaugurate-usd-10-mn-first-phase-of-badr-city-factory-this-week\/\">\r\n                            Samir &#038; Aly to inaugurate USD 10 mn first phase of Badr City factory this week                        <\/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\/09\/09\/samir-aly-to-inaugurate-usd-10-mn-first-phase-of-badr-city-factory-this-week\/\" 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\/09\/09\/samir-aly-to-inaugurate-usd-10-mn-first-phase-of-badr-city-factory-this-week\/')\">\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\/09\/09\/samir-aly-to-inaugurate-usd-10-mn-first-phase-of-badr-city-factory-this-week\/\">\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=Samir &#038; Aly to inaugurate USD 10 mn first phase of Badr City factory this week&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/samir-aly-to-inaugurate-usd-10-mn-first-phase-of-badr-city-factory-this-week\/\">\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\/09\/09\/samir-aly-to-inaugurate-usd-10-mn-first-phase-of-badr-city-factory-this-week\/&title=Samir &#038; Aly to inaugurate USD 10 mn first phase of Badr City factory this week\">\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=Samir+%26%23038%3B+Aly+to+inaugurate+USD+10+mn+first+phase+of+Badr+City+factory+this+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fsamir-aly-to-inaugurate-usd-10-mn-first-phase-of-badr-city-factory-this-week%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\/09\/09\/samir-aly-to-inaugurate-usd-10-mn-first-phase-of-badr-city-factory-this-week\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594841\" class=\"content-area-description single-story post-594841 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing tag-samir-aly wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Stationery house <a href=\"https:\/\/samirandaly.com\/ar_EG\">Samir & Aly<\/a> will this Tuesday inaugurate the first phase of its USD 35 mn office and school supplies factory in Badr City, sales manager Ahmed Abdel Fattah <a href=\"https:\/\/alborsaanews.com\/2019\/09\/08\/1241868\">told the local press<\/a>. The first phase of the factory has cost USD 10 mn, while the USD 25 mn phase will be partially financed by Germany\u2019s Faber Castell, he said. The company is also planning to spend EGP 60 mn to launch four new branches in New Cairo, Maadi, Sixth of October, and Alexandria at the beginning of 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\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/samir-aly\/\">Samir &amp; Aly<\/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=\"594842\" 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=\"594842\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-approves-six-new-contracts-for-nac-green-river-project\/\">\r\n                            Egypt approves six new contracts for NAC \u2018Green River\u2019 project                        <\/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\/09\/09\/egypt-approves-six-new-contracts-for-nac-green-river-project\/\" 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\/09\/09\/egypt-approves-six-new-contracts-for-nac-green-river-project\/')\">\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\/09\/09\/egypt-approves-six-new-contracts-for-nac-green-river-project\/\">\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 approves six new contracts for NAC \u2018Green River\u2019 project&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-approves-six-new-contracts-for-nac-green-river-project\/\">\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\/09\/09\/egypt-approves-six-new-contracts-for-nac-green-river-project\/&title=Egypt approves six new contracts for NAC \u2018Green River\u2019 project\">\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+approves+six+new+contracts+for+NAC+%E2%80%98Green+River%E2%80%99+project+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fegypt-approves-six-new-contracts-for-nac-green-river-project%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\/09\/09\/egypt-approves-six-new-contracts-for-nac-green-river-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594842\" class=\"content-area-description single-story post-594842 post type-post status-publish format-standard hentry category-real-estate-housing tag-development tag-enterpriseam tag-infrastructure tag-new-administrative-capital tag-real-estate tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Madbouly Cabinet has agreed to contract six companies to develop the \u201cGreen River\u201d project in the new administrative capital (NAC), a Housing Ministry official <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=08092019&id=7dadd70e-b592-4c95-aeb2-3a7b966baf08\">told Al Shorouk<\/a>. The companies are: Orascom Construction, Talaat Moustafa Group, Arab Contractors, Hassam Allam Sons, Redcon Construction and Petrojet. The New Urban Communities Authority had awarded Al Marasem an EGP 860 mn contract to develop 100 feddans in the same project, which is expected to include public parks and shopping centers as well as hotels.<\/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\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-administrative-capital\/\">new administrative capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594843\" 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=\"594843\">\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\/09\/09\/egypts-tourism-ministry-to-implement-new-criteria-to-determine-hotel-star-rating\/\">\r\n                            Egypt\u2019s tourism ministry to implement new criteria to determine hotel star rating                        <\/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\/09\/09\/egypts-tourism-ministry-to-implement-new-criteria-to-determine-hotel-star-rating\/\" 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\/09\/09\/egypts-tourism-ministry-to-implement-new-criteria-to-determine-hotel-star-rating\/')\">\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\/09\/09\/egypts-tourism-ministry-to-implement-new-criteria-to-determine-hotel-star-rating\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s tourism ministry to implement new criteria to determine hotel star rating&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypts-tourism-ministry-to-implement-new-criteria-to-determine-hotel-star-rating\/\">\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\/09\/09\/egypts-tourism-ministry-to-implement-new-criteria-to-determine-hotel-star-rating\/&title=Egypt\u2019s tourism ministry to implement new criteria to determine hotel star rating\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+tourism+ministry+to+implement+new+criteria+to+determine+hotel+star+rating+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fegypts-tourism-ministry-to-implement-new-criteria-to-determine-hotel-star-rating%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\/09\/09\/egypts-tourism-ministry-to-implement-new-criteria-to-determine-hotel-star-rating\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594843\" class=\"content-area-description single-story post-594843 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-hospitality tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Tourism Ministry will begin implementing a new system to determine hotel star ratings based on feedback from hotel guests, as well as assessments from ministry employees and a Spanish hotel rating company, Chamber of Tourism Establishments board member Tamer Nabil said, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=08092019&id=58225fd6-d0e6-421c-a667-628b2a805aaa\">according to Al Shorouk<\/a>. The new approach will also see the ministry distinguish between criteria used to assess hotels resort towns and those applied to hotels in major cities. We noted <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/30\/hotels-to-pay-real-estate-taxes-based-on-investment-value\/\">last year<\/a> that a hotel\u2019s government-assigned star rating will be a factor in determining how much this property will be paying in real estate taxes under a new tax calculation agreement reached between the finance and tourism ministries.<\/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\/hospitality\/\">hospitality<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594844\" 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=\"594844\">\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\/09\/09\/manufacturers-call-on-govt-to-shelve-plans-to-replace-tuk-tuks-with-minivans\/\">\r\n                            Manufacturers call on gov\u2019t to shelve plans to replace tuk tuks with minivans                        <\/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\/09\/09\/manufacturers-call-on-govt-to-shelve-plans-to-replace-tuk-tuks-with-minivans\/\" 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\/09\/09\/manufacturers-call-on-govt-to-shelve-plans-to-replace-tuk-tuks-with-minivans\/')\">\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\/09\/09\/manufacturers-call-on-govt-to-shelve-plans-to-replace-tuk-tuks-with-minivans\/\">\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=Manufacturers call on gov\u2019t to shelve plans to replace tuk tuks with minivans&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/manufacturers-call-on-govt-to-shelve-plans-to-replace-tuk-tuks-with-minivans\/\">\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\/09\/09\/manufacturers-call-on-govt-to-shelve-plans-to-replace-tuk-tuks-with-minivans\/&title=Manufacturers call on gov\u2019t to shelve plans to replace tuk tuks with minivans\">\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=Manufacturers+call+on+gov%E2%80%99t+to+shelve+plans+to+replace+tuk+tuks+with+minivans+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fmanufacturers-call-on-govt-to-shelve-plans-to-replace-tuk-tuks-with-minivans%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\/09\/09\/manufacturers-call-on-govt-to-shelve-plans-to-replace-tuk-tuks-with-minivans\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594844\" class=\"content-area-description single-story post-594844 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam tag-manufacturing tag-mostafa-madbouly wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> A number of automotive industry figures are calling on the government to shelve <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/08\/madbouly-tuk-tuks-are-out-natgas-operated-minivans-are-in\/\">plans to phase out tuk tuks<\/a> and replace them with minivans, <a href=\"https:\/\/alborsaanews.com\/2019\/09\/08\/1241897\">according to the local press<\/a>. More than USD 15 mn in investments in feeder industries are at risk if the government goes ahead with the plan, VP of the Automotive Feeding Industries division at the Federation of Egyptian Industries Raafat El Khanagry said. Arafat Rashid, chairman of the Auto Engineering Company, suggested that the government place restrictions on tuk tuks and fine offenders, rather than risk investment losses and eliminate a source of income for a large number of people.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mostafa-madbouly\/\">Mostafa Madbouly<\/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=\"594845\" 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=\"594845\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/palm-hills-to-issue-egp-300-mn-of-securitization-bonds\/\">\r\n                            Palm Hills to issue EGP 300 mn of securitization bonds                        <\/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\/09\/09\/palm-hills-to-issue-egp-300-mn-of-securitization-bonds\/\" 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\/09\/09\/palm-hills-to-issue-egp-300-mn-of-securitization-bonds\/')\">\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\/09\/09\/palm-hills-to-issue-egp-300-mn-of-securitization-bonds\/\">\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=Palm Hills to issue EGP 300 mn of securitization bonds&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/palm-hills-to-issue-egp-300-mn-of-securitization-bonds\/\">\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\/09\/09\/palm-hills-to-issue-egp-300-mn-of-securitization-bonds\/&title=Palm Hills to issue EGP 300 mn of securitization bonds\">\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=Palm+Hills+to+issue+EGP+300+mn+of+securitization+bonds+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fpalm-hills-to-issue-egp-300-mn-of-securitization-bonds%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\/09\/09\/palm-hills-to-issue-egp-300-mn-of-securitization-bonds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594845\" class=\"content-area-description single-story post-594845 post type-post status-publish format-standard hentry category-banking-finance tag-arab-african-international-bank tag-banking-finance tag-banque-misr tag-bonds tag-enterpriseam tag-finance tag-palm-hills-developments tag-securitization wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Palm Hills is planning to issue around EGP 300 mn of securitization bonds to pay off part of its debts owed to banks, unnamed banking <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=08092019&id=2ac5910d-b8a2-414f-8712-0112ade1920d\">sources tell Al Shorouk<\/a>. Banque Misr and the Arab African International Bank will manage the issuance.<\/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\/arab-african-international-bank\/\">Arab African International Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banque-misr\/\">Banque Misr<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/palm-hills-developments\/\">Palm Hills Developments<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/securitization\/\">securitization<\/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=\"594847\" 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=\"594847\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/govt-launches-trial-version-of-online-platform-to-support-agri-trade\/\">\r\n                            Gov\u2019t launches trial version of online platform to support agri trade                        <\/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\/09\/09\/govt-launches-trial-version-of-online-platform-to-support-agri-trade\/\" 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\/09\/09\/govt-launches-trial-version-of-online-platform-to-support-agri-trade\/')\">\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\/09\/09\/govt-launches-trial-version-of-online-platform-to-support-agri-trade\/\">\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=Gov\u2019t launches trial version of online platform to support agri trade&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/govt-launches-trial-version-of-online-platform-to-support-agri-trade\/\">\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\/09\/09\/govt-launches-trial-version-of-online-platform-to-support-agri-trade\/&title=Gov\u2019t launches trial version of online platform to support agri trade\">\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=Gov%E2%80%99t+launches+trial+version+of+online+platform+to+support+agri+trade+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fgovt-launches-trial-version-of-online-platform-to-support-agri-trade%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\/09\/09\/govt-launches-trial-version-of-online-platform-to-support-agri-trade\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594847\" class=\"content-area-description single-story post-594847 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-agriculture tag-e-finance tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Agriculture Ministry and state-owned payments platform e-Finance have launched a trial version of <a href=\"https:\/\/agrimisr.com\/\">AgriMisr.com<\/a>, an online platform designed to facilitate trade in the agricultural sector, e-Finance said in a statement <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=08092019&id=780cb7bb-b5c4-4f27-824f-a84c4a8c5cf4\">picked up by Al Shorouk<\/a>. The platform, which is scheduled to fully launch in 1Q2020, will serve as an online marketplace for agriculture equipment, seeds, fertilizers, and crops, as well as a platform for B2B services<\/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\/e-finance\/\">e-finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594848\" 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=\"594848\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-announces-names-of-6-3k-nubians-eligible-for-displacement-compensation\/\">\r\n                            Egypt announces names of 6.3k Nubians eligible for displacement compensation                        <\/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\/09\/09\/egypt-announces-names-of-6-3k-nubians-eligible-for-displacement-compensation\/\" 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\/09\/09\/egypt-announces-names-of-6-3k-nubians-eligible-for-displacement-compensation\/')\">\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\/09\/09\/egypt-announces-names-of-6-3k-nubians-eligible-for-displacement-compensation\/\">\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 announces names of 6.3k Nubians eligible for displacement compensation&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-announces-names-of-6-3k-nubians-eligible-for-displacement-compensation\/\">\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\/09\/09\/egypt-announces-names-of-6-3k-nubians-eligible-for-displacement-compensation\/&title=Egypt announces names of 6.3k Nubians eligible for displacement compensation\">\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+announces+names+of+6.3k+Nubians+eligible+for+displacement+compensation+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fegypt-announces-names-of-6-3k-nubians-eligible-for-displacement-compensation%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\/09\/09\/egypt-announces-names-of-6-3k-nubians-eligible-for-displacement-compensation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594848\" class=\"content-area-description single-story post-594848 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-aswan-high-dam tag-egypt-politics-economics tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>A total of 6,350 Nubians have been determined as being eligible for compensation for having been displaced from their homes following the High Dam\u2019s construction, Parliamentary Affairs Minister Omar Marwan said, <a href=\"https:\/\/www.elwatannews.com\/news\/details\/4328968\">according to El Watan<\/a>. <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/20\/egypt-to-compensate-nubians-affected-by-aswan-dam\/\">Reports had emerged<\/a> earlier this year that President Abdel Fattah El Sisi has instructed his administration to carry forward a plan to provide in-kind compensation to the Nubians displaced by the dam.<\/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\/aswan-high-dam\/\">Aswan High Dam<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594849\" 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=\"594849\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egyptian-modern-pentathlon-champ-el-gendy-wins-best-young-player-award\/\">\r\n                            Egyptian modern pentathlon champ El Gendy wins best young player award                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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         <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian modern pentathlon champ El Gendy wins best young player award&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egyptian-modern-pentathlon-champ-el-gendy-wins-best-young-player-award\/\">\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\/09\/09\/egyptian-modern-pentathlon-champ-el-gendy-wins-best-young-player-award\/&title=Egyptian modern pentathlon champ El Gendy wins best young player award\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+modern+pentathlon+champ+El+Gendy+wins+best+young+player+award+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fegyptian-modern-pentathlon-champ-el-gendy-wins-best-young-player-award%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\/09\/09\/egyptian-modern-pentathlon-champ-el-gendy-wins-best-young-player-award\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594849\" class=\"content-area-description single-story post-594849 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egyptian modern pentathlon gold medalist Ahmed El Gendy was named the Union Internationale de Pentathlon Moderne (UIPM) Best Junior Athlete in 2019 for the second consecutive year, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/6\/56\/346373\/Sports\/Omni-Sports\/Modern-pentathlon-Egypts-Ahmed-ElGendy-wins--world.aspx\">according to Ahram Online<\/a>. He snatched two gold medals earlier this year at a world cup held in Egypt, and brought home a gold medal at the Buenos Aires 2018 Youth Olympic Games.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"594852\" 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=\"594852\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/govt-finds-new-uses-for-rice-straw-in-bid-to-reduce-air-pollution\/\">\r\n                            Gov\u2019t finds new uses for rice straw in bid to reduce air pollution                        <\/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\/09\/09\/govt-finds-new-uses-for-rice-straw-in-bid-to-reduce-air-pollution\/\" 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\/09\/09\/govt-finds-new-uses-for-rice-straw-in-bid-to-reduce-air-pollution\/')\">\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\/09\/09\/govt-finds-new-uses-for-rice-straw-in-bid-to-reduce-air-pollution\/\">\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=Gov\u2019t finds new uses for rice straw in bid to reduce air pollution&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/govt-finds-new-uses-for-rice-straw-in-bid-to-reduce-air-pollution\/\">\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\/09\/09\/govt-finds-new-uses-for-rice-straw-in-bid-to-reduce-air-pollution\/&title=Gov\u2019t finds new uses for rice straw in bid to reduce air pollution\">\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=Gov%E2%80%99t+finds+new+uses+for+rice+straw+in+bid+to+reduce+air+pollution+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F09%2Fgovt-finds-new-uses-for-rice-straw-in-bid-to-reduce-air-pollution%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\/09\/09\/govt-finds-new-uses-for-rice-straw-in-bid-to-reduce-air-pollution\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/3453.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"594853\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/govt-finds-new-uses-for-rice-straw-in-bid-to-reduce-air-pollution\/3453-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/3453.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"3453.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/3453.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/3453.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594852\" class=\"content-area-description single-story post-594852 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam tag-environment wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Govt\u2019 finds new uses for rice straw to reduce air pollution:<\/b> The Environment Ministry has collected 1.9k tonnes of rice straw this year in a bid to prevent farmers from burning the crop and causing pollution, <a href=\"https:\/\/www.egypttoday.com\/Article\/1\/74565\/No-burning-anymore-Rice-Straw-collected-for-recycling\">Egypt Today reports<\/a>. The straw will be used as fertilizer and animal fodder, as well as in manufacturing and the production of biogas. Personnel from the environment, agriculture and local development ministries have inspected 60 rice straw collection sites across the delta to check that farmers were not burning the crop.<\/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\/environment\/\">environment<\/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=\"594854\" 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=\"594854\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/the-market-yesterday-286\/\">\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\/09\/09\/the-market-yesterday-286\/\" 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\/09\/09\/the-market-yesterday-286\/')\">\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\/09\/09\/the-market-yesterday-286\/\">\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\/09\/09\/the-market-yesterday-286\/\">\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\/09\/09\/the-market-yesterday-286\/&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%2F09%2F09%2Fthe-market-yesterday-286%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\/09\/09\/the-market-yesterday-286\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594854\" class=\"content-area-description single-story post-594854 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 16.41 | Sell 16.52<\/p>\n<p><b>EGP \/ USD at CIB:<\/b> Buy 16.42 | Sell 16.52<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 16.44 | Sell 16.54<\/p>\n<p><b>EGX30<\/b> (Sunday): 14,931 (0.00%)<\/p>\n<p> <b>Turnover:<\/b> EGP 479 mn (22% below the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +14.5%<\/p>\n<p><b>THE MARKET ON SUNDAY:<\/b> The EGX30 ended Sunday\u2019s session flat. CIB, the index heaviest constituent ended up 0.1%. EGX30\u2019s top performing constituents were Pioneers Holding up 3.2%, Orascom Development up 1.9%, and Madinet Nasr Housing up 1.5%. Yesterday\u2019s worst performing stocks were Credit Agricole down 2.7%, Cleopatra Hospital down 1.6% and Egyptian Resorts down 1.4%. The market turnover was EGP 479 mn, and local investors were the sole net buyers.<\/p>\n<p><b>Foreigners<\/b>: Net Short | EGP -13.1 mn<\/p>\n<p> <b>Regional<\/b>: Net Short | EGP -28.6 mn<\/p>\n<p> <b>Domestic<\/b>: Net Long | EGP +41.7 mn<\/p>\n<p><b>Retail<\/b>: 70.7% of total trades | 75.6% of buyers | 65.8% of sellers<\/p>\n<p> <b>Institutions<\/b>: 29.3% of total trades | 24.4% of buyers | 34.2% of sellers<\/p>\n<p><b>WTI:<\/b> USD 56.76 (+0.42%)<\/p>\n<p> <b>Brent:<\/b> USD 61.74 (+0.32%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.52 MMBtu, (+0.96%, Oct 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,512.50 \/ troy ounce (-0.20%)<\/p>\n<\/p>\n<p><b>TASI:<\/b> 8,050.88 (-0.05%) (YTD: +2.86%)<\/p>\n<p> <b>ADX:<\/b> 5,105.25 (-0.17%) (YTD: +3.87%)<\/p>\n<p> <b>DFM:<\/b> 2,871.50 (-0.67%) (YTD: +13.51%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,512.44 (-0.53%)<\/p>\n<p> <b>QE:<\/b> 10,274.85 (+0.21%) (YTD: -0.23%)<\/p>\n<p><b>MSM:<\/b> 3,991.23 (-0.16%) (YTD: -7.69%)<\/p>\n<p> <b>BB: <\/b>1,548.78 (-0.15%) (YTD: +15.82%)<\/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=\"594855\" 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\/09\/09\/594855\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-594855\" class=\"content-area-description single-story post-594855 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>September: Cairo will host an Egypt-Hungary business forum, according to a <a href=\"https:\/\/ent.news\/2019\/6\/390.pdf\">Trade Ministry statement (pdf)<\/a>.<\/p>\n<p>9 September (Monday): Japan Arab Economic Forum, Nile Ritz Carlton, Cairo.<\/p>\n<p>9 September (Monday): <a href=\"https:\/\/www.euromoneyconferences.com\/event\/a011t00000FMpvZAAT\/the-euromoney-egypt-conference-2019#agenda\">The Euromoney Egypt Conference 2019<\/a>, Cairo.<\/p>\n<p>9-12 September (Monday-Thursday): The<a href=\"https:\/\/9londonconference.efghermes.com\/pages\/home.aspx\">9th Annual EFG Hermes London Conference<\/a>, Arsenal Emirates Stadium, London.<\/p>\n<p>9-12 September (Sunday-Wednesday): <a href=\"https:\/\/www.saharaexpo.com\/en\/home.html\">Sahara Expo<\/a>, Egypt International Exhibition Center, Cairo.<\/p>\n<p>10 September (Monday): <a href=\"https:\/\/www.amcham.org.eg\/events-activities\/events\">AmCham lunch<\/a> with Transport Minister Kamel El Wazir.<\/p>\n<p>15 September (Sunday): Elections to the board of the Financial Regulatory Authority\u2019s Capital Markets Federation will be held, <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%86%d8%aa%d8%ae%d8%a7%d8%a8-%d8%a3%d9%88%d9%84-%d9%85%d8%ac%d9%84%d8%b3-%d8%a5%d8%af%d8%a7%d8%b1%d8%a9-%d9%84%d8%a7%d8%aa%d8%ad%d8%a7%d8%af-%d8%b3%d9%88%d9%82-%d8%a7%d9%84%d9%85%d8%a7%d9%84-1\/\">according to Al Mal<\/a>.<\/p>\n<p>17 September (Tuesday): <a href=\"https:\/\/ecommsummit.co\/\">E-Commerce Summit 2019<\/a>, Nile Ritz Carlton, Cairo.<\/p>\n<p>17-18 September (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>18 September (Wednesday): Egyptian Private Equity Association\u2019s <a href=\"https:\/\/ent.news\/2019\/9\/2929.pdf\">venture capital event (pdf)<\/a> at the Conrad Hotel, Cairo.<\/p>\n<p>21 September (Saturday): Cairo\u2019s streets get really, really crowded as students at the nation\u2019s public schools go back to class.<\/p>\n<p>22 September (Sunday): The Justice Ministry\u2019s dispute resolution committee will <a href=\"https:\/\/almalnews.com\/%d9%81%d8%b6-%d9%85%d9%86%d8%a7%d8%b2%d8%b9%d8%a7%d8%aa-%d8%aa%d8%a4%d8%ac%d9%84-%d9%86%d8%b8%d8%b1-%d9%86%d8%b2%d8%a7%d8%b9-%d8%b1%d8%a7%d9%8a%d8%a9-%d8%a7%d9%84%d8%b1%d9%82%d8%a7\/\">look into a case<\/a> filed by Raya Holding\u2019s Chairman Medhat Khalil against the Financial Regulatory Authority (FRA).<\/p>\n<p>26 September (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>28-30 September (Saturday-Monday): <a href=\"https:\/\/alex.technesummit.com\/2019\">Techne Summit<\/a>, Alexandria.<\/p>\n<p>28 September (Saturday): Smart Vision <a href=\"https:\/\/www.smarteventeg.com\/index.php\">Egyptian Women\u2019s Forum<\/a>, venue TBA.<\/p>\n<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>6 October (Sunday): Armed Forces Day, national holiday.<\/p>\n<p>10-13 October (Tuesday-Sunday): <a href=\"http:\/\/biwarabia.com\/en\/\">Big Industrial Week Arabia 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>22 October (Tuesday): <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1420541\">Innovative Finance: A New Vision to Support Investment forum<\/a>, venue TBD, Cairo.<\/p>\n<p>23-24 October (Wednesday-Thursday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2019\/\">Intelligent Cities Exhibition & Conference<\/a>, Hilton Heliopolis, Cairo.<\/p>\n<p>23 October-1 November (Wednesday-Friday): CIB PSA Women\u2019s World Championship, Great Pyramid of Giza, Cairo.<\/p>\n<p>24 October (Thursday): <a href=\"http:\/\/en.kremlin.ru\/events\/president\/news\/60592\">Russia-Africa Summit<\/a> to take place in Sochi, co-chaired by Vladimir Putin and President Abdel Fattah El Sisi.<\/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-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>29-30 October (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>29-30 October (Tuesday-Wednesday): <a href=\"https:\/\/africaoilandpower.com\/event\/ssop-2019\/\">South Sudan Oil & Power (SSOP) Conference<\/a>, Juba, South Sudan.<\/p>\n<p>31 October-2 November (Thursday-Saturday): Angel Oasis 2019, organized by the <a href=\"http:\/\/www.mainmena.com\/\">Middle East Angel Investment Network (MAIN)<\/a>, El Gouna, Egypt.<\/p>\n<p>3-5 November (Sunday-Tuesday): <a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html\">Electrix 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>7-9 November (Thursday-Saturday): <a href=\"https:\/\/www.facebook.com\/vestedsummit\/\">Vested Summit<\/a>, Sahl Hasheesh, Red Sea.<\/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>9 November (Saturday): Prophet Mohammed's birthday, national holiday.<\/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>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.mactech.com.eg\/\">Machtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.transpotech-eg.com\/\">Transpotech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.airtech-eg.com\/\">Airtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>22-23 November (Friday-Saturday): Invest in Africa 2019 conference, New Administrative Capital.<\/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>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>3-6 December (Tuesday-Friday): <a href=\"http:\/\/www.cairowoodshow.com\/\">Cairo WoodShow<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/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>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>5-7 May 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.afsic.net\/\">AFSIC - Investing in Africa<\/a>, London, United Kingdom.<\/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":594816,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-594815","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"c7850f9e-35f7-4c86-962b-36c5ec4f2117","teaser":"","photo_url":"https:\/\/ent.news\/2017\/9\/2016.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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