{"id":595113,"date":"2019-09-17T03:56:45","date_gmt":"2019-09-17T03:56:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=595113"},"modified":"2025-12-16T18:34:50","modified_gmt":"2025-12-16T18:34:50","slug":"will-the-healthcare-tithe-be-capped-at-egp-10k-for-all-businesses","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/will-the-healthcare-tithe-be-capped-at-egp-10k-for-all-businesses\/","title":{"rendered":"Will the healthcare tithe be capped at EGP 10k for all businesses?"},"content":{"rendered":"<section id=\"595115\" 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=\"595115\">\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\/17\/what-were-tracking-on-17-september-2019\/\">\r\n                            What we\u2019re tracking on 17 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\/17\/what-were-tracking-on-17-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\/17\/what-were-tracking-on-17-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\/17\/what-were-tracking-on-17-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 17 September 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/what-were-tracking-on-17-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\/17\/what-were-tracking-on-17-september-2019\/&title=What we\u2019re tracking on 17 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+17+September+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fwhat-were-tracking-on-17-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\/17\/what-were-tracking-on-17-september-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595115\" class=\"content-area-description single-story post-595115 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-aramco tag-central-bank-of-egypt tag-emerging-markets tag-energy tag-enterpriseam tag-financial-markets tag-interest-rates tag-monetary-policy tag-oil-and-gas tag-saudi-arabia tag-us-federal-reserve tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Saudi Arabia and the ramifications of last week\u2019s attack on Aramco facilities have been dominating the headlines in the foreign press<\/b>, thanks to renewed accusations that Iran had a hand in the attacks.<\/p>\n<p><b>Global stock markets also saw a dip as a result,<\/b> with airline stocks and those of other fuel-intensive businesses taking the hardest knocks, while inflation expectations were pushed up, amid a climate of general uncertainty. Both S&P 500 and Dow Jones futures were down 0.4% on Monday, <a href=\"https:\/\/www.apnews.com\/8ee5bbec1ec14b479b1a85472c18665e\">AP reports<\/a>. We cover all the happenings from yesterday in the Speed Round below.<\/p>\n<p><b>The story is casting a cloud over Fed day.<\/b> The US Federal Reserve\u2019s Federal Open Market Committee will meet today and tomorrow to decide on interest rates. US President Donald Trump is not done dropping hints towards Fed Chairman Jerome Powell, going so far as to use the current troubles in Saudi Arabia as reasons to urge Powell to drop rates. \u201cFederal Reserve, is paying a MUCH higher Interest Rate than other competing countries...And now, on top of it all, the Oil hit,\u201d he wrote. \u201cBig Interest Rate Drop, Stimulus,\u201d <a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/1173564172635914247?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1173564172635914247&ref_url=https%3A%2F%2Fwww.wsj.com%2Farticles%2Ftrump-again-pressures-the-federal-reserve-in-wake-of-saudi-attacks-11568638112\">Trump said in a tweet on Monday<\/a>. Markets are anticipating a rate cut will be announced on Wednesday, particularly after the European Central Bank did just that last Thursday.<\/p>\n<p><b>Our central bank\u2019s Monetary Policy Committee will meet next Thursday, 26 September,<\/b> to decide on interest rates. Analysts are projecting a rate cut, in light of inflation for August falling to a six-year low of 7.5% and an expectation that the Fed will join the ECB in rate cuts, followed by other countries.<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/481.png?ssl=1\"><\/p>\n<p><b>This would have us rowing in the same direction as other emerging markets<\/b>, whose central banks are apparently more inclined towards monetary easing than at any other time since the global financial crisis, <a href=\"https:\/\/www.ft.com\/content\/111d9ec2-d60e-11e9-8367-807ebd53ab77\">according to the Financial Times (paywall)<\/a>, which cites data from Bank of America Merrill Lynch\u2019s Emerging Monetary Mood Indicator. These EMs have in August have apparently dropped more hints that they were inclined towards monetary easing than at any moment since the DotCom crash in 2000. \u201cThere are quite a few emerging markets where we are comfortable saying we think [central banks] will cut more than the market is expecting,\u201d said David Hauner, head of EM cross-asset strategy and economics at BofA, who cited Russia, Brazil, China and the Czech Republic as examples.<\/p>\n<hr class=\"grey-line\">\n<p><b>The United Nations General Assembly opens today in New York City<\/b>, and will wrap on 30 September. The General Debate doesn\u2019t kick off until next Tuesday, 24 September, which is when we expected President Abdel Fattah El Sisi to land in New York. You can check out the full schedule of high-level events set to take place over the next two weeks <a href=\"https:\/\/undocs.org\/A\/73\/895\">here<\/a>.<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/3074.jpg?ssl=1\"><\/p>\n<p><b>Back in Egypt, the fall conference season\u2019s next few days is all about tech, <\/b>with a number of tech conferences, summits, and competitions kicking off across the country:<\/p>\n<p><b>The E-Commerce Summit kicks off today<\/b> at the Nile Ritz Carlton Hotel in Cairo. The summit will focus on the reshaped world of retail in light of tech innovation and how to break the barriers of moving your business online. 80 speakers from high-profile local and multinational companies will be taking part, along with government officials, including Vice Minister of Finance Ahmed Kouchouk. The sessions will explore many aspects of e-commerce, from laws and regulations to strategies on how to grow e-commerce businesses. You can catch <a href=\"https:\/\/ecommsummit.co\/index.php\/agenda\/\">the full agenda here<\/a>.<\/p>\n<p><b>Mediterranean Business Angels Network to launch in Techne Summit:<\/b> The Mediterranean Business Angels Network\u2019s launch will take place in the international investment and entrepreneurship event, <a href=\"https:\/\/alex.technesummit.com\/2019\">Techne Summit 2019 on 28-30 September<\/a> in Bibliotheca in Alexandria, <a href=\"https:\/\/ventureburn.com\/2019\/09\/techne-summit-mediterranean-business-angel\/\">according to VentureBurn<\/a>. The angels network aims to bring together a large number of business angel networks, groups, funds as well as individual angel investors from Mediterranean countries.<\/p>\n<p><b>Meanwhile, ITIDA and Huaweii announced the launch of the \u201cEgypt App Cup\u201d<\/b> competition to offer university students and fresh graduates the opportunity to develop innovative mobile-based solutions and android applications that support transportation, health, and tourism sectors, <a href=\"https:\/\/ent.news\/2019\/9\/3256.pdf\">according to a statement (pdf)<\/a>. The submitted applications will get exposure by being a part of the HUAWEI AppGallery, the official application market for HUAWEI and HONOR smartphone, with millions of users around the world. <a href=\"https:\/\/www.tiec.gov.eg\/english\/Programs\/Egypt-APPCUP\/Pages\/default.aspx\">Those looking to register can sign up here.<\/a><\/p>\n<p><b>Other events to look for this conference include<\/b> <b>the Egyptian Private Equity Association<\/b> will host their <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/09\/VC-Event-Agenda.pdf\"><b>venture capital event (pdf)<\/b><\/a> on Wednesday, 18 September at the Conrad Hotel and <b>the Engineering Export Council of Egypt\u2019s <\/b><a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/09\/HATS-Egypt-2019-Press-Release.pdf\"><b>Home Appliance and Tableware Show (HATS)<\/b><\/a> will run for three days on 23-25 September at the Kempinski Royal Maxim.<\/p>\n<hr class=\"grey-line\">\n<p><b>Deutsche Bank has joined the JPMorgan-led <\/b><a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/17\/blockchain-and-the-iot-are-changing-how-rice-is-cultivated\/\"><b>Interbank Information Network (IIN)<\/b><\/a><b>,<\/b> <b>financial services industry\u2019s biggest blockchain project<\/b>, in a move that will be formally announced this week, the <a href=\"https:\/\/www.ft.com\/content\/6363036a-d597-11e9-a0bd-ab8ec6435630\">Financial Times reports<\/a>. The network comprises 320 banks that have agreed to use the medium to swap information about global payments, aiming to reduce delays by making transfer information instantly accessible to every bank in the payments chain.<\/p>\n<p><b>Business books of the year:<\/b> The <a href=\"https:\/\/www.ft.com\/content\/36bf3b10-d869-11e9-8f9b-77216ebe1f17\">short list<\/a> for the Financial Times \/ McKinsey Business Book of the Year is out, featuring \u201cheavyweight books on data privacy, bias against women and the rise of the politically powerful conglomerate Koch Industries.\u201d The list includes Raghuram Rajam\u2019s <a href=\"https:\/\/www.amazon.com\/Third-Pillar-Markets-Community-Behind\/dp\/0525558314\">The Third Pillar<\/a> (\u201ca broad prescription for reform of capitalism), <a href=\"https:\/\/www.amazon.com\/Man-Who-Solved-Market-Revolution\/dp\/073521798X\">The Man Who Solved the Market<\/a> (a narrative biography on the founder of Renaissance Technologies) by Gregory Zuckerman, and <a href=\"https:\/\/www.amazon.com\/Invisible-Women-Data-World-Designed\/dp\/1419729071\">Invisible Women<\/a> by Caroline Criado Perez, an activist.<\/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\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/central-bank-of-egypt\/\">Central Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-markets\/\">Financial Markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/interest-rates\/\">interest rates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/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\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us-federal-reserve\/\">US Federal Reserve<\/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=\"595116\" 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        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stk-ajp6jrx-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" 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href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/no-particular-theme-dominates-an-eventful-night-on-egypts-airwaves\/\">\r\n                            No particular theme dominates an eventful night on Egypt\u2019s 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\/17\/no-particular-theme-dominates-an-eventful-night-on-egypts-airwaves\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n      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href=\"https:\/\/api.whatsapp.com\/send?text=No+particular+theme+dominates+an+eventful+night+on+Egypt%E2%80%99s+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fno-particular-theme-dominates-an-eventful-night-on-egypts-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\/17\/no-particular-theme-dominates-an-eventful-night-on-egypts-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595117\" class=\"content-area-description single-story post-595117 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-aramco tag-economic-reform-program tag-energy tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-futures tag-gold tag-legislation tag-terrorism tag-tourism tag-unified-insurance-act wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>It was another mixed bag of nuts on an eventful night on the nation\u2019s airwaves<\/b>, keeping the talking heads chattering away.<\/p>\n<p><b>Egypt\u2019s trade balance improved in 1H2019 as the value of exports climbed 2% y-o-y to USD 15.3 bn<\/b>, up from USD 15 bn in 1H2018, Al Hayah Al Youm\u2019s Khaled Abu Bakr reported, citing <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1354083741436654?__xts__%5b0%5d=68.ARBPScgbGhZJBp1z07Wb9bXXOh4cZBtitF7Bpe6oilME6kGBUuSgfkZPhECmPyIdn2bcQRVkB5xDHeozoWmUdwRYmFw3gbH_t4NSyiV_biSxW85lEGSx94bgM_QRnycJsy3QET3vODrNr-E7B9QR5-pit47ejRGdwjXtnJ1aVvqIZjKAVvRWxq_W7JZVbAJaL8wPW9JBhyoz0scUvV6qvBWATwKCJ0U3fqLhfVnT0-0MvXqWX4yNnxuVn_gG8OF3aIrDCDCSgBDew_9_c0LsPDWG1ARj_-r3qzfzDT9DL27NwjsIdPimzH4rfBC6NinXyYonvRCPNBRIu75tkQf7_GgRDg&__tn__=-R\">an infographic<\/a> recently released by the Cabinet Information and Decision Support Center (<a href=\"https:\/\/www.youtube.com\/watch?v=_UNZYUllek4\">watch, runtime: 1:53<\/a>). Exports increased 32.7% y-o-y by 2018-end, the infographic shows.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <b>Insurance Act could introduce prenup-style insurance payment:<\/b> The new Insurance Act could require men to pay \u201cinsurance\u201d when getting married alongside all the regular fees that are paid to receive a marriage license, Financial Regulatory Authority (FRA) deputy head Reda Abdel Moaty told TenTv. The exact amount that would be imposed is still under study, but would be a set fee that would not change according to the couple\u2019s income, dowry, or any other factors. If approved, this stipulation would automatically grant women access to the sum as soon as her husband legally files for divorce, and would not require a court order. The idea is to provide freshly divorced women with financial support until the legal process of finalizing the divorce settlement \u2014 including receiving alimony \u2014 is complete (<a href=\"https:\/\/www.youtube.com\/watch?v=uaum_RNGaJk\">watch, runtime: 5:10<\/a>).<\/p>\n<p><b>Aramco attack hits both crude, gold prices: <\/b>After causing crude indices to post unheard-of gains, the attack on Saudi Aramco\u2019s oil plants has had a similar effect on gold prices, causing them to rebound after falling in response to the prospect of a cooling US-China trade war, deputy head of the gold division at the Federation of Egyptian Chambers of Commerce Ehab Wassef said in a phone call with Hona Al Asema\u2019s Reham Ibrahim (<a href=\"https:\/\/www.youtube.com\/watch?v=_dN7t54f7Lc&t=89s\">watch, runtime: 6:26<\/a>).<\/p>\n<p><b>Luxor boasts third highest number of tourist air balloons:<\/b> Masaa DMC\u2019s Eman El Hosary took note of Luxor recording the third-highest number of hot air balloons in the world (<a href=\"https:\/\/www.youtube.com\/watch?v=U_chisygIWo\">watch, runtime: 3:31<\/a>). We have the story in Tourism, below.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economic-reform-program\/\">economic reform program<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/futures\/\">futures<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gold\/\">gold<\/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\/terrorism\/\">terrorism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/unified-insurance-act\/\">Unified Insurance Act<\/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=\"595118\" 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=\"595118\">\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\/17\/egypt-mulls-amending-corporate-healthcare-tithe-to-impose-egp-10k-cap-across-the-board\/\">\r\n                            Egypt mulls amending corporate healthcare tithe to impose EGP 10k cap across the board                        <\/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\/17\/egypt-mulls-amending-corporate-healthcare-tithe-to-impose-egp-10k-cap-across-the-board\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The amendments would see businesses pay the 0.25% levy on revenues, but the payment would be capped at EGP 10k, regardless of the size of the company or its revenues. Under the current framework, businesses will be charged the 0.25% levy on their revenues, which will not be tax deductible for this tax season. Loss-making companies will not be exempt from the payment.<\/p>\n<p><b>The ministry had previously suggested imposing the cap at EGP 100k<\/b>, but brought the figure down to EGP 10k when the proposal was met with backlash from the business community. The new ceiling is expected to reduce business\u2019 tax burden, our source said. Businesses had previously lobbied to transform the 0.25% levy into a surtax on pre- or post-tax profits.<\/p>\n<p><b>When is this coming into effect?<\/b> According to our sources, the ministry plans to implement the changes in January, meaning they would affect the next tax collection season but would be included in the state\u2019s tax revenues for the current fiscal year.<\/p>\n<p><b>Background:<\/b> The government began rolling out its EGP 600 bn health insurance plan in Port Said in July, and more governorates will be added gradually over the course of the next 11-13 years. The ministry started collecting taxes (including the 0.25% tithe) to fund the scheme this fiscal year. The government <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/10\/government-postpones-amendments-on-universal-healthcare-tithe\/\">had said in July<\/a> that it would postpone talks on setting a cap on the tithe until the House of Representatives new legislative session, which begins on 1 October.<\/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\/finance-ministry\/\">Finance Ministry<\/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\/tax\/\">tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/universal-health-insurance\/\">universal health insurance<\/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=\"595134\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595135\" 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=\"595135\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/a-snapshot-of-the-global-economic-landscape\/\">\r\n                            A snapshot of the global economic landscape                        <\/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\/17\/a-snapshot-of-the-global-economic-landscape\/\" 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\/17\/a-snapshot-of-the-global-economic-landscape\/')\">\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\/17\/a-snapshot-of-the-global-economic-landscape\/\">\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=A snapshot of the global economic landscape&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/a-snapshot-of-the-global-economic-landscape\/\">\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\/17\/a-snapshot-of-the-global-economic-landscape\/&title=A snapshot of the global economic landscape\">\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=A+snapshot+of+the+global+economic+landscape+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fa-snapshot-of-the-global-economic-landscape%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\/17\/a-snapshot-of-the-global-economic-landscape\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/739.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595136\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/a-snapshot-of-the-global-economic-landscape\/739-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/739.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"739.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/739.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/739.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595135\" class=\"content-area-description single-story post-595135 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-africa tag-enterpriseam tag-global-economy tag-image-of-the-day tag-north-america wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The perfect snapshot of the USD 86 tn global economic landscape in 2018:<\/b> We know, it\u2019s data from last year, but this chart from <a href=\"https:\/\/howmuch.net\/articles\/the-world-economy-2018\">HowMuch.net<\/a>, shared by <a href=\"https:\/\/www.visualcapitalist.com\/the-86-trillion-world-economy-in-one-chart\/\">Visual Capitalist<\/a>, is exactly what is right about infographics and visually mapping out something as complex as a USD 86 tn global GDP. Based on <a href=\"https:\/\/ent.news\/2019\/9\/176.pdf\">World Bank data (pdf)<\/a>, it clearly illustrates the world\u2019s dominant economies, and the variations in size at both the regional and country levels. Egypt may be Africa\u2019s third largest economy, but this image really puts us into perspective when we see the size of our USD 250 bn economy (0.29% of the global economy) plotted out with the rest of the world. But if you are panicking at how small we are, it helps to note that we weren't lumped in with the \u201cother states,\u201d with a combined 8.98% of the global economy. The good people at HowMuch brought us this <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/21\/egypt-is-in-the-hot-zone-of-countries-with-the-highest-ratio-of-debt-to-gdp\/\">stunning infographic<\/a> on the hot zone of countries with the highest ratio of government debt to GDP, which ranked us 15th out of 221 countries.<\/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\/africa\/\">Africa<\/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\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/north-america\/\">North America<\/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=\"595137\" 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=\"595137\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypts-mineral-resources-act-gets-thumbs-up-from-investors\/\">\r\n                            Egypt\u2019s Mineral Resources Act gets thumbs up from investors                        <\/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\/17\/egypts-mineral-resources-act-gets-thumbs-up-from-investors\/\" 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\/17\/egypts-mineral-resources-act-gets-thumbs-up-from-investors\/')\">\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\/17\/egypts-mineral-resources-act-gets-thumbs-up-from-investors\/\">\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 Mineral Resources Act gets thumbs up from investors&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypts-mineral-resources-act-gets-thumbs-up-from-investors\/\">\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\/17\/egypts-mineral-resources-act-gets-thumbs-up-from-investors\/&title=Egypt\u2019s Mineral Resources Act gets thumbs up from investors\">\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+Mineral+Resources+Act+gets+thumbs+up+from+investors+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fegypts-mineral-resources-act-gets-thumbs-up-from-investors%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\/17\/egypts-mineral-resources-act-gets-thumbs-up-from-investors\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595137\" class=\"content-area-description single-story post-595137 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-mineral-resources-act wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <b>Egypt\u2019s recently-ratified <\/b><a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/14\/el-sisi-ratifies-mineral-resources-act-economic-court-act-amendments\/\"><b>Mineral Resources Act<\/b><\/a><b> is drawing praise from investors and economists<\/b>, who believe it will increase investment in mineral exploration and extraction, boosting the national economy, <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2019\/09\/egypt-law-mining-sector-investments-economy.html#ixzz5zfto9qda\">Al Monitor reports<\/a>. The law has introduced new incentives for companies to invest in the mineral wealth sector, in the hope of attracting some USD 700 mn in investments by 2030. Some 90% of Egypt\u2019s land is said to have untapped mineral wealth, and the government\u2019s strategic reform to upgrade the mining sector, of which the new law is a part, is seen by investors and legislators as a bold step to up the potential of the mining sector as a source of income.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mineral-resources-act\/\">Mineral Resources Act<\/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=\"595139\" 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=\"595139\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/could-the-new-scramble-for-africa-benefit-africans-above-all\/\">\r\n                            Could the new \u2018scramble for Africa\u2019 benefit Africans above all?                        <\/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\/17\/could-the-new-scramble-for-africa-benefit-africans-above-all\/\" 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\/17\/could-the-new-scramble-for-africa-benefit-africans-above-all\/')\">\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\/17\/could-the-new-scramble-for-africa-benefit-africans-above-all\/\">\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=Could the new \u2018scramble for Africa\u2019 benefit Africans above all?&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/could-the-new-scramble-for-africa-benefit-africans-above-all\/\">\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\/17\/could-the-new-scramble-for-africa-benefit-africans-above-all\/&title=Could the new \u2018scramble for Africa\u2019 benefit Africans above all?\">\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=Could+the+new+%E2%80%98scramble+for+Africa%E2%80%99+benefit+Africans+above+all%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fcould-the-new-scramble-for-africa-benefit-africans-above-all%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\/17\/could-the-new-scramble-for-africa-benefit-africans-above-all\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2336.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595140\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/could-the-new-scramble-for-africa-benefit-africans-above-all\/2336-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2336.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2336.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2336.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2336.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595139\" class=\"content-area-description single-story post-595139 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-africa tag-enterpriseam tag-investment-watch tag-trade tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Could the new \u201cscramble for Africa\u201d benefit Africans above all?<\/b> The latest rush by non-African countries to find avenues for trade and investment on the continent is, the Economist argues, a chance to put Africans in the driving seat (<a href=\"https:\/\/www.youtube.com\/watch?v=BV61lqlLnds\">watch, runtime: 04:10<\/a>). Greater openness, fewer wars, and better macroeconomic policies have all seen Africa as a continent become two-fifths wealthier than it was in 2000, and the scale of foreign interest in setting up agreements now is unprecedented, with a record 320 new embassies built between 2010 and 2016.<\/p>\n<p><b>But in many countries corruption is still endemic<\/b>, and even well-intentioned governments sometimes need to be more strategic in securing fair agreements that will benefit them as much as their non-African counterparts.<\/p>\n<p><b>So how can Africans leverage this foreign interest to come out on top?<\/b> Voters and watchdogs need to insist on more transparency in the way that agreements are set up and projects implemented, the video says, citing the recent work of Kenyan journalists in exposing scandals connected to a Chinese railway project as a great example of holding leaders to account.<\/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\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595141\" 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=\"595141\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypt-italy-sign-mou-to-cooperate-in-internal-trade\/\">\r\n                            Egypt, Italy sign MoU to cooperate in internal 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\/17\/egypt-italy-sign-mou-to-cooperate-in-internal-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\/17\/egypt-italy-sign-mou-to-cooperate-in-internal-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\/17\/egypt-italy-sign-mou-to-cooperate-in-internal-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=Egypt, Italy sign MoU to cooperate in internal trade&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypt-italy-sign-mou-to-cooperate-in-internal-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\/17\/egypt-italy-sign-mou-to-cooperate-in-internal-trade\/&title=Egypt, Italy sign MoU to cooperate in internal 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=Egypt%2C+Italy+sign+MoU+to+cooperate+in+internal+trade+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fegypt-italy-sign-mou-to-cooperate-in-internal-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\/17\/egypt-italy-sign-mou-to-cooperate-in-internal-trade\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595141\" class=\"content-area-description single-story post-595141 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-commodities tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam tag-italy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Egypt, Italy sign MoU to cooperate in internal trade:<\/b> Egypt and Italy have signed an MoU that will see both countries cooperate on training and investment in domestic trade, <a href=\"http:\/\/www.msit.gov.eg\/details.html?topicID=508\">the Supply Ministry said in a statement<\/a>. Several Italian companies have expressed interest in setting up retail chains and logistics centers in Egypt, Minister Ali El Moselhy said.<\/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\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/italy\/\">Italy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595143\" 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=\"595143\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/afdbs-investments-in-egypts-energy-sector-reach-usd-1-7-bn\/\">\r\n                            AfDB\u2019s investments in Egypt\u2019s energy sector reach USD 1.7 bn                        <\/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\/17\/afdbs-investments-in-egypts-energy-sector-reach-usd-1-7-bn\/\" 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\/17\/afdbs-investments-in-egypts-energy-sector-reach-usd-1-7-bn\/')\">\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\/17\/afdbs-investments-in-egypts-energy-sector-reach-usd-1-7-bn\/\">\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=AfDB\u2019s investments in Egypt\u2019s energy sector reach USD 1.7 bn&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/afdbs-investments-in-egypts-energy-sector-reach-usd-1-7-bn\/\">\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\/17\/afdbs-investments-in-egypts-energy-sector-reach-usd-1-7-bn\/&title=AfDB\u2019s investments in Egypt\u2019s energy sector reach USD 1.7 bn\">\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=AfDB%E2%80%99s+investments+in+Egypt%E2%80%99s+energy+sector+reach+USD+1.7+bn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fafdbs-investments-in-egypts-energy-sector-reach-usd-1-7-bn%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\/17\/afdbs-investments-in-egypts-energy-sector-reach-usd-1-7-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595143\" class=\"content-area-description single-story post-595143 post type-post status-publish format-standard hentry category-energy tag-africa tag-development tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The African Development Bank (AfDB) has built a portfolio of up to USD 1.7 bn in Egypt\u2019s energy sector since 2007, the bank\u2019s director for energy financial solutions, policy, and regulation Wale Shonibare said, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16092019&id=df049133-0576-40ff-a92e-a4d85822219b\">according to Al Shorouk<\/a>. Speaking at a conference organized by the Egyptian Junior Business Association on the bank\u2019s role in supporting Africa\u2019s energy sector, Shonibare added that energy was AfDB\u2019s focus in Egypt over the past few years.<\/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\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/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=\"595144\" 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=\"595144\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/govt-to-build-seven-bridges-in-upper-egypt-at-a-cost-of-egp-9-4-bn\/\">\r\n                            Gov\u2019t to build seven bridges in Upper Egypt at a cost of EGP 9.4 bn                        <\/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\/17\/govt-to-build-seven-bridges-in-upper-egypt-at-a-cost-of-egp-9-4-bn\/\" 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\/17\/govt-to-build-seven-bridges-in-upper-egypt-at-a-cost-of-egp-9-4-bn\/')\">\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\/17\/govt-to-build-seven-bridges-in-upper-egypt-at-a-cost-of-egp-9-4-bn\/\">\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 to build seven bridges in Upper Egypt at a cost of EGP 9.4 bn&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/govt-to-build-seven-bridges-in-upper-egypt-at-a-cost-of-egp-9-4-bn\/\">\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\/17\/govt-to-build-seven-bridges-in-upper-egypt-at-a-cost-of-egp-9-4-bn\/&title=Gov\u2019t to build seven bridges in Upper Egypt at a cost of EGP 9.4 bn\">\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+to+build+seven+bridges+in+Upper+Egypt+at+a+cost+of+EGP+9.4+bn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fgovt-to-build-seven-bridges-in-upper-egypt-at-a-cost-of-egp-9-4-bn%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\/17\/govt-to-build-seven-bridges-in-upper-egypt-at-a-cost-of-egp-9-4-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595144\" class=\"content-area-description single-story post-595144 post type-post status-publish format-standard hentry category-infrastructure tag-development tag-ebrd tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The government is currently building seven bridges on the Nile in Upper Egypt at a cost of EGP 9.4 bn, according to an announcement by Transport Minister Kamel El Wazir <a href=\"https:\/\/www.zawya.com\/mena\/en\/business\/story\/Egypt_builds_578mln_Nile_bridges__minister-SNG_153736843\/\">picked up by Zawya<\/a>. El Wazir met with the board members of the European Bank for Construction and Development (EBRD) to discuss funding for infrastructure development.<\/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\/ebrd\/\">EBRD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595145\" 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=\"595145\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/luxor-has-third-highest-number-of-hot-air-balloons-in-the-world\/\">\r\n                            Luxor has third highest number of hot air balloons in the world                        <\/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\/17\/luxor-has-third-highest-number-of-hot-air-balloons-in-the-world\/\" 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\/17\/luxor-has-third-highest-number-of-hot-air-balloons-in-the-world\/')\">\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\/17\/luxor-has-third-highest-number-of-hot-air-balloons-in-the-world\/\">\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=Luxor has third highest number of hot air balloons in the world&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/luxor-has-third-highest-number-of-hot-air-balloons-in-the-world\/\">\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\/17\/luxor-has-third-highest-number-of-hot-air-balloons-in-the-world\/&title=Luxor has third highest number of hot air balloons in the world\">\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=Luxor+has+third+highest+number+of+hot+air+balloons+in+the+world+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fluxor-has-third-highest-number-of-hot-air-balloons-in-the-world%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\/17\/luxor-has-third-highest-number-of-hot-air-balloons-in-the-world\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1504.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595146\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/luxor-has-third-highest-number-of-hot-air-balloons-in-the-world\/1504-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1504.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1504.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1504.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1504.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595145\" class=\"content-area-description single-story post-595145 post type-post status-publish format-standard has-post-thumbnail hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Luxor has been ranked third for the highest number of hot air balloon flights in the world, with a grand total of 11,000 hot air balloons in one Egypt\u2019s most touristic cities, said Ahmed Aboud, a representative for the Egyptian Federation of Hot Air Ballooning Companies in Luxor, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/349856\/Egypt\/Politics-\/Egypts-Luxor-ranks-rd-in-number-of-hot-air-balloon.aspx\">according to Ahram Online<\/a>. Hot air balloons trips <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/11\/luxors-hot-air-balloons-are-back-in-business\/\">resumed last Tuesday<\/a> in Luxor after an 80-day suspension due to safety concerns.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595149\" 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=\"595149\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypt-nearing-the-bottom-of-the-list-of-global-internet-speeds\/\">\r\n                            Egypt nearing the bottom of the list of global internet speeds                        <\/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\/17\/egypt-nearing-the-bottom-of-the-list-of-global-internet-speeds\/\" 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\/17\/egypt-nearing-the-bottom-of-the-list-of-global-internet-speeds\/')\">\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\/17\/egypt-nearing-the-bottom-of-the-list-of-global-internet-speeds\/\">\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 nearing the bottom of the list of global internet speeds&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypt-nearing-the-bottom-of-the-list-of-global-internet-speeds\/\">\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\/17\/egypt-nearing-the-bottom-of-the-list-of-global-internet-speeds\/&title=Egypt nearing the bottom of the list of global internet speeds\">\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+nearing+the+bottom+of+the+list+of+global+internet+speeds+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fegypt-nearing-the-bottom-of-the-list-of-global-internet-speeds%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\/17\/egypt-nearing-the-bottom-of-the-list-of-global-internet-speeds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1884.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595150\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypt-nearing-the-bottom-of-the-list-of-global-internet-speeds\/1884-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1884.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1884.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1884.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1884.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595149\" class=\"content-area-description single-story post-595149 post type-post status-publish format-standard has-post-thumbnail hentry category-telecoms-ict tag-africa tag-cit tag-enterpriseam tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt was ranked 100 out of 144 countries in the monthly global study of mobile internet speeds <a href=\"https:\/\/www.speedtest.net\/global-index#mobile\">taken by SpeedTest<\/a> for July. The only thing that could make us feel better is that Egypt was up one place from a month prior (actually, it doesn\u2019t). Egypt\u2019s average download speed was at 17.37 Mbps, while the global average was 26.69 Mbps. Egypt ranked 8 out of the 24 African countries in the study. Mali had the best speed for African countries at ranking 44. As for fixed broadband, Egypt did much worse, having ranked 154 out of 177 countries, up 11 places since June. The global average download speed was 63.85 Mbps, with Egypt\u2019s speed at a meager 9.10 Mbps. Out of 39 African countries, Egypt ranked 27 for fixed broadband. While it doesn\u2019t seem to have helped our snail-paced connections, Telecom Egypt has reportedly spent USD 3 bn since 2014 on Egypt\u2019s internet infrastructure, CEO Adel Hamed said, <a href=\"https:\/\/www.mubasher.info\/news\/3531159\/%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D9%84%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D8%AA%D9%86%D9%81%D9%82-3-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D8%AA%D8%AD%D8%B3%D9%8A%D9%86-%D8%A7%D9%84%D8%A8%D9%86%D9%8A%D8%A9-%D8%A7%D9%84%D8%AA%D8%AD%D8%AA%D9%8A%D8%A9-%D9%84%D9%84%D8%A5%D9%86%D8%AA%D8%B1%D9%86%D8%AA\">according to Mubasher<\/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\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cit\/\">CIT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595151\" 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=\"595151\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/el-wazir-talks-potential-investments-in-egypts-railways-with-siemens-thales\/\">\r\n                            El Wazir talks potential investments in Egypt\u2019s railways with Siemens, Thales                        <\/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\/17\/el-wazir-talks-potential-investments-in-egypts-railways-with-siemens-thales\/\" 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\/17\/el-wazir-talks-potential-investments-in-egypts-railways-with-siemens-thales\/')\">\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\/17\/el-wazir-talks-potential-investments-in-egypts-railways-with-siemens-thales\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=El Wazir talks potential investments in Egypt\u2019s railways with Siemens, Thales&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/el-wazir-talks-potential-investments-in-egypts-railways-with-siemens-thales\/\">\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\/17\/el-wazir-talks-potential-investments-in-egypts-railways-with-siemens-thales\/&title=El Wazir talks potential investments in Egypt\u2019s railways with Siemens, Thales\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Wazir+talks+potential+investments+in+Egypt%E2%80%99s+railways+with+Siemens%2C+Thales+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fel-wazir-talks-potential-investments-in-egypts-railways-with-siemens-thales%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\/17\/el-wazir-talks-potential-investments-in-egypts-railways-with-siemens-thales\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595151\" class=\"content-area-description single-story post-595151 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam tag-infrastructure tag-kamel-el-wazir tag-siemens tag-transport wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Transport Minister Kamel El Wazir met yesterday with representatives from Siemens and Thales Spain to discuss potential investments in Egypt\u2019s railway projects, including the planned cargo and passenger line connecting Hurghada, Safaga, Qena, and Luxor, <a href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/1399491946874461\">according to a ministry statement<\/a>. The two companies also looked at potentially investing in the automation of the Tanta-Damietta railway line\u2019s signaling system.<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kamel-el-wazir\/\">Kamel El Wazir<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/siemens\/\">Siemens<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/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=\"595152\" 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=\"595152\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypts-trade-ministry-looks-at-new-lower-three-year-duties-on-steel-billet-imports\/\">\r\n                            Egypt\u2019s Trade Ministry looks at new, lower three-year duties on steel billet imports                        <\/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\/17\/egypts-trade-ministry-looks-at-new-lower-three-year-duties-on-steel-billet-imports\/\" 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\/17\/egypts-trade-ministry-looks-at-new-lower-three-year-duties-on-steel-billet-imports\/')\">\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\/17\/egypts-trade-ministry-looks-at-new-lower-three-year-duties-on-steel-billet-imports\/\">\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 Trade Ministry looks at new, lower three-year duties on steel billet imports&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypts-trade-ministry-looks-at-new-lower-three-year-duties-on-steel-billet-imports\/\">\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\/17\/egypts-trade-ministry-looks-at-new-lower-three-year-duties-on-steel-billet-imports\/&title=Egypt\u2019s Trade Ministry looks at new, lower three-year duties on steel billet imports\">\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+Trade+Ministry+looks+at+new%2C+lower+three-year+duties+on+steel+billet+imports+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fegypts-trade-ministry-looks-at-new-lower-three-year-duties-on-steel-billet-imports%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\/17\/egypts-trade-ministry-looks-at-new-lower-three-year-duties-on-steel-billet-imports\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595152\" class=\"content-area-description single-story post-595152 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-manufacturing tag-other-business-news-of-note tag-protectionism tag-regulation wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>A Trade Ministry committee has recommended imposing anti-dumping duties on imported steel billets for three years starting mid-October, following the end of the temporary 15-25% duties on steel raw materials <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/15\/diplomacy-and-foreign-trade-on-15-april-2019\/\">imposed by the ministry<\/a> in mid-April, <a href=\"https:\/\/ent.news\/2019\/9\/2614.pdf\">according to a statement (pdf)<\/a>. The ministry continued to charge manufacturers throughout the six-month period despite <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/08\/egypts-administrative-court-suspends-15-import-on-iron-billets\/\">an administrative court ruling<\/a> to suspend the temporary duties, notes the statement. The new duties will start at 7%, and then gradually fall by 2% each year to reach 3% at the end of the three-year period. This lower percentage is based on a study by the committee, but it could perhaps be in response to the controversy spurred by the original decision.<\/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\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/protectionism\/\">protectionism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595153\" 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=\"595153\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/cbe-announces-four-key-pillars-to-its-financial-inclusion-strategy-going-forward\/\">\r\n                            CBE announces four key pillars to its financial inclusion strategy going forward                        <\/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\/17\/cbe-announces-four-key-pillars-to-its-financial-inclusion-strategy-going-forward\/\" 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\/17\/cbe-announces-four-key-pillars-to-its-financial-inclusion-strategy-going-forward\/')\">\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\/17\/cbe-announces-four-key-pillars-to-its-financial-inclusion-strategy-going-forward\/\">\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=CBE announces four key pillars to its financial inclusion strategy going forward&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/cbe-announces-four-key-pillars-to-its-financial-inclusion-strategy-going-forward\/\">\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\/17\/cbe-announces-four-key-pillars-to-its-financial-inclusion-strategy-going-forward\/&title=CBE announces four key pillars to its financial inclusion strategy going forward\">\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=CBE+announces+four+key+pillars+to+its+financial+inclusion+strategy+going+forward+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fcbe-announces-four-key-pillars-to-its-financial-inclusion-strategy-going-forward%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\/17\/cbe-announces-four-key-pillars-to-its-financial-inclusion-strategy-going-forward\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595153\" class=\"content-area-description single-story post-595153 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam tag-financial-inclusion tag-fintech wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Central bank Sub-Governor Lobna Helal laid out the pillars of the CBE\u2019s financial inclusion strategy <a href=\"https:\/\/ent.news\/2019\/9\/3383.pdf\">in a speech (pdf)<\/a> at the meeting of the Council of Arab Central Banks and Monetary Agencies Governors earlier this week. The first pillar was strengthening the CBE\u2019s regulatory and supervisory role in the banking sector, through legislative amendments (a likely reference to the Banking Act). Next, the strategy will rely on raising awareness on financial inclusion, through initiatives that target those most in need. The third pillar involves creating a business-friendly environment by helping out SMEs. Finally, the strategy will see the CBE promoting the use of fintech.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-inclusion\/\">financial inclusion<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fintech\/\">Fintech<\/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=\"595154\" 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=\"595154\">\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\/17\/dont-throw-away-used-nespresso-capsules\/\">\r\n                            Don\u2019t throw away used Nespresso capsules                        <\/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\/17\/dont-throw-away-used-nespresso-capsules\/\" 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\/17\/dont-throw-away-used-nespresso-capsules\/')\">\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\/17\/dont-throw-away-used-nespresso-capsules\/\">\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=Don\u2019t throw away used Nespresso capsules&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/dont-throw-away-used-nespresso-capsules\/\">\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\/17\/dont-throw-away-used-nespresso-capsules\/&title=Don\u2019t throw away used Nespresso capsules\">\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=Don%E2%80%99t+throw+away+used+Nespresso+capsules+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F17%2Fdont-throw-away-used-nespresso-capsules%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\/17\/dont-throw-away-used-nespresso-capsules\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/3442.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595155\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/dont-throw-away-used-nespresso-capsules\/3442-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/3442.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"3442.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/3442.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/3442.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595154\" class=\"content-area-description single-story post-595154 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-art tag-enterpriseam tag-environment tag-recycling tag-waste-management wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Don\u2019t throw away your used coffee capsules: <\/b><a href=\"http:\/\/www.ape.org.eg\/index.html\">The Association for the Protection of the Environment (APE)<\/a> is collecting used Nespresso capsules and turning them into unique works of art, <a href=\"https:\/\/scoopempire.com\/egypts-garbage-collectors-recycle-nespresso-capsules-into-art\/\">according to Scoop Empire<\/a>. APE is an NGO which works directly with Cairo\u2019s Zabaleen (informal garbage collectors). The project is getting <a href=\"https:\/\/www.facebook.com\/diaa.raafat.3\/posts\/10162120189410307\">support<\/a> from social media users.<\/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\/art\/\">art<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/environment\/\">environment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/recycling\/\">recycling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/waste-management\/\">waste management<\/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=\"595156\" 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=\"595156\">\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\/17\/the-market-yesterday-292\/\">\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\/17\/the-market-yesterday-292\/\" 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\/17\/the-market-yesterday-292\/')\">\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\/17\/the-market-yesterday-292\/\">\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\/17\/the-market-yesterday-292\/\">\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\/17\/the-market-yesterday-292\/&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%2F17%2Fthe-market-yesterday-292%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\/17\/the-market-yesterday-292\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595156\" class=\"content-area-description single-story post-595156 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 16.29 | Sell 16.42<b><\/p>\n<p> EGP \/ USD at CIB:<\/b> Buy 16.29 | Sell 16.39<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 16.33 | Sell 16.43<\/p>\n<p><b>EGX30<\/b> (Monday): 14,970 (-0.4%)<\/p>\n<p> <b>Turnover:<\/b> EGP 1.5 bn (138% above the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +14.8%<\/p>\n<p><b>THE MARKET ON MONDAY:<\/b> The EGX30 ended Monday\u2019s session down 0.4%. CIB, the index\u2019s heaviest constituent, ended down 0.2%. EGX30\u2019s top performing constituents were Eastern Co up 2.5%, Juhayna up 2.4%, and Cleopatra Hospitals up 2.2%. Yesterday\u2019s worst performing stocks were Egyptian Resorts down 4.2%, Oriental Weavers down 2.4% and Orascom Development Egypt down 2.3%. The market turnover was EGP 1.5 bn, and foreign investors were the sole net sellers.<\/p>\n<p><b>Foreigners<\/b>: Net Short | EGP -111.1 mn<\/p>\n<p> <b>Regional<\/b>: Net Long | EGP +79.4 mn<\/p>\n<p> <b>Domestic<\/b>: Net Long | EGP +31.7 mn<\/p>\n<p><b>Retail<\/b>: 27.9% of total trades | 28.8% of buyers | 27.0% of sellers<\/p>\n<p> <b>Institutions<\/b>: 72.1% of total trades | 71.2% of buyers | 73.0% of sellers<\/p>\n<p><b>WTI:<\/b> USD 61.90 (-1.59%)<\/p>\n<p> <b>Brent:<\/b> USD 69.02 (+14.61%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.68 MMBtu, (0.00%, Oct 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,505.40 \/ troy ounce (-0.40%)<\/p>\n<\/p>\n<p><b>TASI:<\/b> 7,827.17 (+1.00%) (YTD: +0.01%)<\/p>\n<p> <b>ADX:<\/b> 5,160.73 (+1.71%) (YTD: +5.00%)<\/p>\n<p> <b>DFM:<\/b> 2,878.04 (+0.29%) (YTD: +13.77%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,100.57 (-2.15%)<\/p>\n<p> <b>QE:<\/b> 10,511.58 (+1.12%) (YTD: +2.06%)<\/p>\n<p> <b>MSM:<\/b> 4,008.93 (-0.30%) (YTD: -7.28%)<\/p>\n<p> <b>BB: <\/b>1,524.33 (-0.73%) (YTD: +13.99%)<\/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=\"595157\" 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\/17\/595157\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595157\" class=\"content-area-description single-story post-595157 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>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>23-25 September (Monday-Wednesday): Engineering Export Council of Egypt\u2019s <a href=\"https:\/\/ent.news\/2019\/9\/2746.pdf\">Home Appliance and Tableware Show (HATS)<\/a>, Kempinski Royal Maxim, Cairo<\/p>\n<p>24 September (Tuesday): A roundtable discussion titled \u201c<a href=\"https:\/\/www.facebook.com\/TheMediaAvenue\/photos\/a.2398653280421443\/2520079818278788\/?type=3&theater\">investing in renewable energy and sustainable development<\/a>\u201d organized by Media Avenue, Nile Ritz Carlton, Cairo.<\/p>\n<p>26 September (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>27 September (Friday): The Justice Ministry\u2019s dispute resolution committee <a href=\"https:\/\/alborsaanews.com\/2019\/09\/12\/1243772\">will hear<\/a> a case filed by Raya Holding against the Financial Regulatory Authority (FRA).<\/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>5-6 October (Saturday-Sunday): Annual<a href=\"https:\/\/ifta2019cairo.com\/\">International Federation of Technical Analysts (IFTA) conference<\/a>. Cairo Marriott Hotel.<\/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\/events\/egypt-international-exhibitions-center-%D9%85%D8%B1%D9%83%D8%B2-%D9%85%D8%B5%D8%B1-%D9%84%D9%84%D9%85%D8%B9%D8%A7%D8%B1%D8%B6-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A%D8%A9\/biznex-egypt-2019-%D8%A7%D9%84%D9%85%D8%B9%D8%B1%D8%B6-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D9%84%D9%84%D8%A5%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AA%D9%88%D9%83%D9%8A%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9\/320897962130653\/\">BiznEx Egypt 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>8-22 November: Egypt will host Under-23 Africa Cup of Nations 2019.<\/p>\n<p>9 November (Saturday): Prophet Mohammed's birthday, national holiday.<\/p>\n<p>9-11 November (Saturday-Monday): <a href=\"https:\/\/www.facebook.com\/vestedsummit\/\">Vested Summit<\/a>, Sahl Hasheesh, Red Sea.<\/p>\n<p>10-14 November (Sunday-Thursday): <a href=\"https:\/\/geomeast.org\/\">GeoMEast International Congress and Exhibition<\/a>, Marriott, Cairo.<\/p>\n<p>11-13 November (Monday-Wednesday): <a href=\"https:\/\/africainvestmentforum.com\/\">Africa Investment Forum<\/a>, Gauteng, South Africa.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.mactech.com.eg\/\">Machtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.transpotech-eg.com\/\">Transpotech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.airtech-eg.com\/\">Airtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>22-23 November (Friday-Saturday): <a href=\"https:\/\/www.investmentforafrica.com\/\">Invest in Africa 2019 conference<\/a>, New Administrative Capital.<\/p>\n<p>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":595114,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-595113","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"d6144f03-e16b-4d1f-b36b-c1256040e8ff","teaser":"","photo_url":"https:\/\/ent.news\/2016\/10\/4399.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Will the healthcare tithe be capped at EGP 10k for all businesses? 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