{"id":595485,"date":"2019-09-29T04:18:05","date_gmt":"2019-09-29T04:18:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=595485"},"modified":"2025-12-16T18:46:53","modified_gmt":"2025-12-16T18:46:53","slug":"central-bank-of-egypt-cuts-interest-rates-by-100-bps","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/central-bank-of-egypt-cuts-interest-rates-by-100-bps\/","title":{"rendered":"Central Bank of Egypt cuts interest rates by 100 bps"},"content":{"rendered":"<section id=\"595487\" 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=\"595487\">\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\/29\/what-were-tracking-on-29-september-2019\/\">\r\n                            What we\u2019re tracking on 29 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\/29\/what-were-tracking-on-29-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\/29\/what-were-tracking-on-29-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\/29\/what-were-tracking-on-29-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 29 September 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/what-were-tracking-on-29-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\/29\/what-were-tracking-on-29-september-2019\/&title=What we\u2019re tracking on 29 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+29+September+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fwhat-were-tracking-on-29-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\/29\/what-were-tracking-on-29-september-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595487\" class=\"content-area-description single-story post-595487 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-aramco tag-efg-hermes tag-enterpriseam tag-wall-street 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>Of rate cuts, EGX rebounds, and a very quiet Friday:<\/b> To take things in the order they happened, the news cycle here at home was dominated by the EGX rebounding at the end of last week, the CBE\u2019s 100 bps interest rate cut on Thursday, and the relative absence of protests this past Friday. We have chapter and verse on all three stories in this morning\u2019s Speed Round, below.<\/p>\n<p><b>Expect traffic around downtown Cairo to be especially bad on Tuesday.<\/b> That\u2019s when our elected representatives pile back into the House of Representatives to reconvene for the final legislative session of the current parliament. <b>Our round-up of key legislation heading into the next session will be published in tomorrow\u2019s issue. <\/b><\/p>\n<p>(That\u2019s right, folks: <b>We\u2019re heading back to the polls by the end of 2020 for regularly-scheduled parliamentary elections<\/b>, at which time we\u2019ll elect <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/342443\/Egypt\/Politics-\/Egypt-parliamentary-elections-to-be-held-at-the-en.aspx\">not just MPs to the House, but also a new Senate<\/a>, which was reconstituted under the new constitution.)<\/p>\n<p><b>Key indicators on which to keep an eye as we head into October:<\/b><\/p>\n<ul>\n<li><b>PMI:<\/b> The purchasing managers\u2019 index for Egypt, the UAE, and Saudi Arabia will be released on <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/ReleaseDates?language=en\"><b>Thursday, 3 October at 6:15 CLT<\/b><\/a>. <\/li>\n<li><b>Foreign reserves:<\/b> The Central Bank of Egypt is due to release Egypt\u2019s net foreign reserves figures for August this week or next.<\/li>\n<li><b>Monthly inflation figures for September<\/b> are due at the end of next week. Inflation cooled for the second consecutive month in <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/11\/egypts-headline-inflation-falls-to-six-and-a-half-year-lows-in-august\/\">August to 7.5%<\/a>, marking the lowest reading in six and a half years. <\/li>\n<\/ul>\n<p><b>Among the conferences taking place in the coming days:<\/b><\/p>\n<ul>\n<li><b>The launch of the Mediterranean Business Angels Network<\/b> is taking place at the three-day <a href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=6f1cf99c74&e=b1f7fa86d8\">Techne Summit 2019<\/a>, which kicked off yesterday at Bibliotheca Alexandrina.<\/li>\n<li>Beltone will hold its <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/09\/Beltone-Access-Conference_-Press-Release.pdf\"><b>Beltone Access<\/b> conference<\/a> in Dubai this week. <\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p><b>El Erian, Soros fund\u2019s CIO named Barclays board members:<\/b> Market sage Mohamed El Erian has been tapped to join Barclays\u2019 board as non-executive director, alongside Soros Fund Management\u2019s Chief Investment Officer Dawn Fitzpatrick, <a href=\"https:\/\/www.wsj.com\/articles\/barclays-adds-prominent-investment-executives-to-board-11569497255\">the Wall Street Journal reported<\/a>. El Erian, who is currently Allianz\u2019s chief economic advisor, will join the board on 1 January, 2020, while Fitzpatrick joined as of last Wednesday.<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2000.jpg?ssl=1\"><\/p>\n<p><b>An IPO flop here, a failure to launch there shows it\u2019s time to reevaluate tech startup valuations.<\/b> The recent spurt of underwhelming tech IPOs hitting Wall Street have poured cold water on some of Silicon Valley\u2019s rising tech stars, creating expectations that valuations will be reassessed, <a href=\"https:\/\/www.ft.com\/content\/43b51672-e148-11e9-9743-db5a370481bc\">says the Financial Times<\/a>. Investors are increasingly questioning the valuations of these companies after the much-hyped Uber, Lyft, and Peloton all saw their shares take a nosedive after debuting on the market.<\/p>\n<p><b>Goldman\u2019s consumer finance arm is burning cash.<\/b> Goldman Sachs\u2019 entry into the consumer finance market is proving to be an expensive, but not massively successful, venture. <a href=\"https:\/\/www.wsj.com\/articles\/goldman-sachs-tries-banking-for-the-masses-its-been-a-struggle-11569643252?mod=hp_lead_pos5\">The Wall Street Journal<\/a> reports that the bank \u2014 dubbed \u2018Marcus\u2019 \u2014 has lost USD 1.3 bn since its launch, having spent heavily on buying startups and cloud-storage space, hiring, and building call centers. It has also seen loans go bad at a higher rate than rival organizations, not helped by the fact that it didn\u2019t hire a collections team at launch.<\/p>\n<p><b>Saudi launches visa-on-arrival: <\/b>Canadians, Americans, most EU nationals as well as Japanese and Koreans are among those who can now get into Saudi Arabia as tourists with an e-visa or a visa-on-arrival. <a href=\"https:\/\/visa.visitsaudi.com\">Get all the details<\/a> on the kingdom\u2019s newly launched tourism and visa website.<\/p>\n<hr class=\"grey-line\">\n<p><b>The Trump Administration is considering plans to stop Chinese companies listing on US exchanges<\/b> in the latest escalation of its trade war with China, the <a href=\"https:\/\/www.ft.com\/content\/a263d2c6-e13e-11e9-9743-db5a370481bc\">Financial Times reports<\/a>. Some 156 Chinese companies, with a total market cap of USD 1.2 tn, were listed on the biggest US exchanges as of February. Nasdaq responded to the idea with a sharply-worded statement stressing the importance of non-discriminatory and fair access to all companies eligible for listing.<\/p>\n<p><b>The US intends to send 200 troops and a whole lot of equipment to Saudi Arabia <\/b>to boost military defenses after <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/15\/what-were-tracking-on-15-september-2019\/\">the recent attack on Saudi Aramco\u2019s facilities<\/a>, the <a href=\"https:\/\/www.ft.com\/content\/003fd2aa-e0a9-11e9-9743-db5a370481bc\">Financial Times reports<\/a>. This follows the deployment of some 500 US troops to the kingdom in July, in what the US said was a bid to deter Iranian aggression.<\/p>\n<p><b>Apple is looking at bringing feature-length films to cinemas for a limited period before releasing them on its streaming service<\/b>, the <a href=\"https:\/\/www.wsj.com\/articles\/apple-plans-to-bring-feature-length-films-to-theaters-11569579632?mod=hp_lead_pos4\">Wall Street Journal<\/a>reports.<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1534.jpg?ssl=1\"><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <b>Your favorite Egyptian street food chain is now in New York:<\/b> Our friends at Zooba have opened the doors of their first US location in New York City\u2019s <a href=\"https:\/\/www.compass.com\/neighborhood-guides\/nyc\/nolita\/\">Nolita<\/a> district on Friday, <a href=\"https:\/\/ny.eater.com\/2019\/9\/27\/20887186\/zooba-egyptian-food-open-menu-nolita-nyc\">according to Eater New York<\/a>. The branch, for which Zooba raised USD 4 mn, is the first outlet in the dining chain\u2019s \u201clong-term aim of spreading across the US like bessara on baladi bread,\u201d <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/14\/zooba-to-open-first-us-branch-in-manhattan\/\">as the company put it<\/a>. In addition to getting positive feedback for its authentic Egyptian food selection, the aesthetics at Zooba\u2019s Manhattan store are also a point of praise in this <a href=\"https:\/\/www.timeout.com\/newyork\/news\/zooba-egyptian-fast-casual-food-chain-opens-first-nyc-location-this-week-092519\">review from TimeOut<\/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\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/efg-hermes\/\">EFG Hermes<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/wall-street\/\">Wall 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<\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595489\" 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=\"595489\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypt-brushes-off-unhcr-criticism-el-sisi-talks-new-cities\/\">\r\n                            Egypt brushes off UNHCR criticism, El Sisi talks new cities                        <\/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\/29\/egypt-brushes-off-unhcr-criticism-el-sisi-talks-new-cities\/\" 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\/29\/egypt-brushes-off-unhcr-criticism-el-sisi-talks-new-cities\/')\">\n                    Copy Link       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class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypt-brushes-off-unhcr-criticism-el-sisi-talks-new-cities\/&title=Egypt brushes off UNHCR criticism, El Sisi talks new cities\">\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+brushes+off+UNHCR+criticism%2C+El+Sisi+talks+new+cities+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fegypt-brushes-off-unhcr-criticism-el-sisi-talks-new-cities%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\/29\/egypt-brushes-off-unhcr-criticism-el-sisi-talks-new-cities\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595489\" class=\"content-area-description single-story post-595489 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-development tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-politics tag-unhcr wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Different week, same stories.<\/p>\n<p><b>Egypt brushes off OHCHR criticism: <\/b>Egypt has rejected criticism from the United Nations\u2019 High Commissioner for Human Rights Michelle Bachelet a wave of detentions that followed weekend protests earlier this month, Al Hayah Al Youm\u2019s Lobna Assal points out (<a href=\"https:\/\/www.youtube.com\/watch?v=oXJvfiaAIyc\">watch, runtime: 06:49<\/a>). We have more on this in our Speed Round, below.<\/p>\n<p><b>El Sisi monitors progress in new cities:<\/b> President Abdel Fattah El Sisi met with Prime Minister Moustafa Madbouly and Public Enterprises Minister Hisham Tawfik yesterday to discuss the latest developments in new cities his administration is building (<a href=\"https:\/\/www.youtube.com\/watch?v=TNxEnT4-xPA\">watch, runtime: 04:39<\/a>) and (<a href=\"https:\/\/www.youtube.com\/watch?v=64FPgVwUsrI\">watch, runtime: 14:40<\/a>).<\/p>\n<p>Meanwhile, <b>El Hekaya\u2019s Amr Adib had a field day mocking actor-turned-activist Mohamed Ali <\/b>(<a href=\"https:\/\/www.youtube.com\/watch?v=fVxQ1ejlyyg\">watch, runtime: 03:24<\/a>). Memes and jokes making fun of the exiled contractor made the rounds after Ali\u2019s call for \u2018millioniyya\u2019 failed, the host said.<\/p>\n<p><em>Corrected on 29 September 2019<\/p>\n<p><\/em><\/p>\n<p><em>A previous version of this article referred to the UN Office of the High Commissioner for Human Rights (UNOHCHR) as the UNHCR, which is used to denote the United Nations High Commissioner for Refugees.<\/em><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/unhcr\/\">UNHCR<\/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=\"595490\" 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=\"595490\">\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\/29\/central-bank-of-egypt-cuts-rates-by-100-bps-in-line-with-expectations\/\">\r\n                            Central Bank of Egypt cuts rates by 100 bps, in line with expectations                        <\/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\/29\/central-bank-of-egypt-cuts-rates-by-100-bps-in-line-with-expectations\/\" 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\/29\/central-bank-of-egypt-cuts-rates-by-100-bps-in-line-with-expectations\/')\">\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\/29\/central-bank-of-egypt-cuts-rates-by-100-bps-in-line-with-expectations\/\">\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=Central Bank of Egypt cuts rates by 100 bps, in line with expectations&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/central-bank-of-egypt-cuts-rates-by-100-bps-in-line-with-expectations\/\">\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\/29\/central-bank-of-egypt-cuts-rates-by-100-bps-in-line-with-expectations\/&title=Central Bank of Egypt cuts rates by 100 bps, in line with expectations\">\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=Central+Bank+of+Egypt+cuts+rates+by+100+bps%2C+in+line+with+expectations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fcentral-bank-of-egypt-cuts-rates-by-100-bps-in-line-with-expectations%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\/29\/central-bank-of-egypt-cuts-rates-by-100-bps-in-line-with-expectations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/1115.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595491\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/central-bank-of-egypt-cuts-rates-by-100-bps-in-line-with-expectations\/1115-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/1115.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1115.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/1115.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/1115.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595490\" class=\"content-area-description single-story post-595490 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-central-bank-of-egypt tag-enterpriseam tag-inflation tag-interest-rates tag-monetary-policy tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <b>In line with expectations, CBE cuts rates:<\/b> The Central Bank of Egypt\u2019s Monetary Policy Committee (MPC) cut interest rates by 100 bps on Thursday, the CBE <a href=\"https:\/\/ent.news\/2019\/9\/485.pdf\">said in a statement (pdf)<\/a>. The central bank cited last month\u2019s inflation figures, which hit a six-year low, as well as declining unemployment and rising real GDP growth. Accelerating monetary easing on a global level amid slowing economic activity also factored into the MPC\u2019s decision.<\/p>\n<p><b>Where do rates stand this morning?<\/b> The CBE\u2019s overnight deposit and lending rates now stand at 13.25% and 14.25%, respectively. The main operation and discount rates is now 13.75%. Look for banks to respond today: National Bank of Egypt and Banque Misr have kept rates on fixed-rate certificates of deposit on hold, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=26092019&id=13e3c6d1-ca37-436a-98f1-2c2320c6a76e\">according to Al Shorouk<\/a>.<\/p>\n<p><b>The \u201cbroadly\u201d expected cut will be a boon for the economy<\/b>, Naeem Brokerage\u2019s Allen Sandeep said, <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-cenbank\/egypts-central-bank-makes-second-consecutive-cut-to-key-rates-idUSKBN1WB20Y\">according to Reuters<\/a>. Seven of the eight economists surveyed in our <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/22\/enterprise-poll-central-bank-of-egypt-could-cut-interest-rates-again-this-week\/\">Enterprise poll<\/a> ahead of the meeting had anticipated a 50-150 bps rate cut. Reuters and Bloomberg surveys also predicted rate cuts.<\/p>\n<p><b>We\u2019re approaching the interest rate range that could unlock corporate borrowing for capex:<\/b> Our survey of nine companies across several industries <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/13\/businesses-eager-for-interest-rates-to-return-to-pre-float-levels-to-boost-investment\/\">earlier this year<\/a> found that businesses are waiting for interest rates to fall within pre-float levels of 10-13% before ramping up capex borrowing.<\/p>\n<p class=\"web-image\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-09-26\/egypt-s-still-got-room-for-a-big-rate-cut\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1113.png?ssl=1\"><\/a><\/p>\n<p><b>Could the CBE have afforded a more aggressive cut?<\/b> The central bank had room \u201cto cut rates in a big way\u201d despite last week\u2019s sell-off on the EGX that was triggered by a bout of demonstrations during the previous weekend, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-09-26\/egypt-s-still-got-room-for-a-big-rate-cut\">Bloomberg\u2019s Paul Wallace said<\/a> ahead of the MPC meeting on Thursday. Wallace expected a 150 bps cut to be doable without affecting the EGP or triggering outflows. \u201cIt could have been more but I\u2019m glad the MPC cut rates,\u201d Angus Blair, chairman of economic think tank Signet said, <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-cenbank\/egypts-central-bank-makes-second-consecutive-cut-to-key-rates-idUSKBN1WB20Y\">according to Reuters<\/a>.<\/p>\n<p><b>Expect further rate cuts if inflation continues to cool. <\/b>\u201cIncoming data continued to confirm the moderation of underlying inflationary pressures\u201d and further cuts will be contingent on \u201cconfirmation that inflation expectations are anchored at target levels,\u201d the CBE said in its statement. The central bank has set an inflation target of 9% (\u00b13%) by 4Q2020. <b>The current expectation among analysts is for inflation to continue cooling <\/b>heading into the end of the year, setting up another rate cut when <a href=\"about:blank\">the MPC next meets on 14 November<\/a>.<\/p>\n<p><b>Our carry trade is still a favorite:<\/b> Even with two consecutive rate cuts, Egypt\u2019s real yields remain high, meaning our carry trade \u201cremains attractive,\u201d EFG Hermes\u2019 Mohamed Abu Basha <a href=\"https:\/\/finance.yahoo.com\/news\/rate-intrigue-returns-egypt-protests-162620863.html\">told Bloomberg<\/a>. The central bank can continue to exploit the attractiveness of our real yields as \u201cthe global hunt for yields is far from over,\u201d Wallace 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\/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\/inflation\/\">inflation<\/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\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595500\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595501\" 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=\"595501\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/ems-need-not-worry-too-much-about-slower-world-growth-analyst-says\/\">\r\n                            EMs need not worry too much about slower world growth, analyst says                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/ems-need-not-worry-too-much-about-slower-world-growth-analyst-says\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/ems-need-not-worry-too-much-about-slower-world-growth-analyst-says\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/ems-need-not-worry-too-much-about-slower-world-growth-analyst-says\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=EMs need not worry too much about slower world growth, analyst says&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/ems-need-not-worry-too-much-about-slower-world-growth-analyst-says\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/ems-need-not-worry-too-much-about-slower-world-growth-analyst-says\/&title=EMs need not worry too much about slower world growth, analyst says\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=EMs+need+not+worry+too+much+about+slower+world+growth%2C+analyst+says+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fems-need-not-worry-too-much-about-slower-world-growth-analyst-says%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/ems-need-not-worry-too-much-about-slower-world-growth-analyst-says\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2275.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595502\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/ems-need-not-worry-too-much-about-slower-world-growth-analyst-says\/2275-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2275.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2275.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2275.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2275.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595501\" class=\"content-area-description single-story post-595501 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-economy tag-emerging-markets tag-enterpriseam tag-global-economy tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>Are EMs in a better position than developed markets to withstand slower world growth?<\/b> Positive real interest rates and smaller fiscal deficits are providing emerging market policymakers a range of policy tools with which to combat the global economic slowdown, argues <a href=\"https:\/\/www.ft.com\/content\/38cdc2de-020c-34b2-833f-fe348ac085d3\">the Financial Times (paywall)<\/a>. In a time where developed countries are running out of monetary policy tools to combat the slowdown, many EMs have more flexibility. \u201cLots of people are talking about whether [further] monetary policy [easing] is still an option for most developed markets and there is a lot of discussion about whether these countries should consider fiscal policy [instead],\u201d Patrick Zweifel, chief economist at Pictet Asset Management, said. \u201cThis is a problem that emerging markets do not have, so they have much more room to counter the slowdown.\u201d<\/p>\n<p><b>What the optimist is saying: <\/b>Emerging markets, unlike their developed counterparts, are not grappling with already-low, and often negative, real and nominal interest rates and large fiscal deficits, argues Zweifel. His firm\u2019s analysis of 19 major EMs (not including Egypt) showed that the countries sometimes had both positive real interest rates and almost negligible fiscal deficits \u2014 giving them the ability to use both monetary loosening and fiscal stimuli \u2014 a privilege far less common among developed economies. Most of those countries, excluding the infamous examples of Turkey and Argentina, can cut rates without it taking a heavy toll on their currencies. The 19 economies studied are also possess average budget deficits of 1.9% of GDP, \u201cthe joint-lowest level since 2009.\u201d<\/p>\n<p><b>The counterpoint: <\/b>Senior EM strategist at NN Investment Partners, Maarten-Jan Bakkum, meanwhile, argues that \u201cmost developing countries could only ease monetary policy if cross-border financial flows were strong.\u201d This is pretty much dictated by future US Fed interest rate decisions, not by internal factors. \u201c[EM] central banks have been cutting rates since the beginning of this year mainly because of Fed expectations moving towards more easing,\u201d he said. \u201cThat theme can go further but it\u2019s not a given and it\u2019s not something determined endogenously in EMs, it\u2019s exogenous.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/global-economy\/\">global economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595503\" 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=\"595503\">\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\/29\/egypt-in-the-news-on-29-september-2019-israel-libya-tourism-and-travel\/\">\r\n                            Egypt in the news on 29 September 2019: Israel, Libya, tourism and travel                        <\/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\/29\/egypt-in-the-news-on-29-september-2019-israel-libya-tourism-and-travel\/\" 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\/29\/egypt-in-the-news-on-29-september-2019-israel-libya-tourism-and-travel\/')\">\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\/29\/egypt-in-the-news-on-29-september-2019-israel-libya-tourism-and-travel\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the news on 29 September 2019: Israel, Libya, tourism and travel&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypt-in-the-news-on-29-september-2019-israel-libya-tourism-and-travel\/\">\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\/29\/egypt-in-the-news-on-29-september-2019-israel-libya-tourism-and-travel\/&title=Egypt in the news on 29 September 2019: Israel, Libya, tourism and travel\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+news+on+29+September+2019%3A+Israel%2C+Libya%2C+tourism+and+travel+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fegypt-in-the-news-on-29-september-2019-israel-libya-tourism-and-travel%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\/29\/egypt-in-the-news-on-29-september-2019-israel-libya-tourism-and-travel\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595503\" class=\"content-area-description single-story post-595503 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-human-rights tag-illegal-immigration tag-israel tag-libya tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Leading the conversation in the foreign press on Egypt over the weekend is the second round of protests that took place on Friday.<\/b> We have the full story in this morning\u2019s Speed Round, above.<\/p>\n<p>Other stories getting attention:<\/p>\n<ul>\n<li><b>Libya doesn\u2019t like us:<\/b> Libyan PM Fayez Al Sarraj said \u201cinterference\u201d from Egypt, France and the UAE are the cause of divisions in Libya, pointing a finger of blame at the financial and military support given to National Army chief General Khalifa Haftar in a speech at the UN last week, <a href=\"https:\/\/www.libyanexpress.com\/libyas-prime-minister-to-general-assembly-uae-egypt-and-france-backing-warlord-haftar-in-a-coup-against-legitimacy\/\">reports the Libyan Express<\/a>.<\/li>\n<li><b>Is Israel deporting migrants to Egypt?<\/b> Israel is allegedly deporting West African migrants to remote areas in Egypt, an eyewitness told Zman Yisrael, the Hebrew language edition of <a href=\"https:\/\/www.timesofisrael.com\/passenger-says-israel-deporting-migrants-to-egypt-on-commercial-flights\/\">the Times of Israel<\/a>. <\/li>\n<li><b>The man trying to put Jenny in the dock:<\/b> <a href=\"https:\/\/www.washingtonpost.com\/world\/egypts-conservative-crusader-puts-belly-dancers-and-pop-stars-in-the-dock\/2019\/09\/28\/1c8a70c4-c9a1-11e9-8067-196d9f17af68_story.html\">The Washington Post<\/a> talks to lawyer Samir Sabry, who for the past decade has fought a one-man battle against the debauchery, corruption and loud singing he believes is ruining the country.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/illegal-immigration\/\">illegal immigration<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595504\" 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=\"595504\">\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 reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypts-khayamiya-has-to-evolve-to-survive\/\">\r\n                            Egypt\u2019s khayamiya has to evolve to survive                        <\/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\/29\/egypts-khayamiya-has-to-evolve-to-survive\/\" 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\/29\/egypts-khayamiya-has-to-evolve-to-survive\/')\">\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\/29\/egypts-khayamiya-has-to-evolve-to-survive\/\">\n                    Facebook           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src=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/1281.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595505\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypts-khayamiya-has-to-evolve-to-survive\/1281-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/1281.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1281.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/1281.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/1281.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595504\" class=\"content-area-description single-story post-595504 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-textiles tag-tourism tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <b>Egypt\u2019s khayamiya has to evolve to survive:<\/b> The ancient art of khayamiya is unique to Egypt, but despite enduring for years, it is now most likely to draw attention because of the multiple threats it faces, Stephanie Vermillion <a href=\"https:\/\/www.atlasobscura.com\/articles\/egyptian-traditional-textile-artisan-cairo\">writes for Atlas Obscura<\/a>. These include a dearth of tourism, competition from cheaper textiles imported from overseas or locally-produced fabric replicas, and dwindling interest from young Egyptians who are uninterested in taking up the craft, which doesn\u2019t exactly promise a steady income. Most of its activity is now concentrated on Sharia Khayamiya \u2014 the Street of the Tentmakers \u2014 opposite Bab Zuweila. Here, an estimated 20 artisans work to make a living and keep the tradition alive, but it is painstaking and time-consuming. One piece of khayamiya can take weeks to complete, and, with prices for a quilt ranging from USD 200 to USD 950, it isn\u2019t cheap to produce or to purchase.<\/p>\n<p><b>Online sales offer a way to stay relevant: <\/b>The events of 2011 and beyond took a heavy toll on the khayamiya craftspeople. \"Tourists used to make up about 98% of our clientele. It's usually them who appreciate the effort put into these handicrafts as opposed to Egyptians,\" <a href=\"https:\/\/www.france24.com\/en\/20190124-stitch-time-save-egypts-ancient-tentmaking-craft\">said one<\/a>. But while Egypt\u2019s tourism appears to be rebounding, a small international movement that has mobilized to support the artisans seems the best chance for khayamiya\u2019s long-term survival. Traditional artisans now partner with Egyptian Etsy shop owners to reach customers all over the world. And an award-winning documentary, <a href=\"http:\/\/www.tentmakersofcairo.com\/\">The Tentmakers of Cairo<\/a>, has shed light on both the craft itself and the uncertain future it faces.<\/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\/textiles\/\">textiles<\/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\/worth-reading\/\">worth reading<\/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=\"595506\" 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=\"595506\">\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\/29\/china-aims-to-more-than-double-investments-in-egypt-to-usd-15-bn\/\">\r\n                            China aims to more than double investments in Egypt to USD 15 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\/29\/china-aims-to-more-than-double-investments-in-egypt-to-usd-15-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(); 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Liqiang did not provide a timeframe, but said he expected a business delegation to visit Cairo soon for talks. The fair aims to strengthen trade between the two countries amid efforts to turn Egypt into a logistics and exports hub for Chinese products.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595508\" 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=\"595508\">\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\/29\/egas-cancels-third-consecutive-lng-tender\/\">\r\n                            EGAS cancels third consecutive LNG tender                        <\/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\/29\/egas-cancels-third-consecutive-lng-tender\/\" 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\/29\/egas-cancels-third-consecutive-lng-tender\/')\">\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\/29\/egas-cancels-third-consecutive-lng-tender\/\">\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=EGAS cancels third consecutive LNG tender&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egas-cancels-third-consecutive-lng-tender\/\">\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\/29\/egas-cancels-third-consecutive-lng-tender\/&title=EGAS cancels third consecutive LNG tender\">\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=EGAS+cancels+third+consecutive+LNG+tender+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fegas-cancels-third-consecutive-lng-tender%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\/29\/egas-cancels-third-consecutive-lng-tender\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595508\" class=\"content-area-description single-story post-595508 post type-post status-publish format-standard hentry category-energy tag-egas tag-energy tag-enterpriseam tag-oil-and-gas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>EGAS has canceled an LNG tender for six cargoes from the Idku gas liquefaction plant for loading between 5 October and 1 November, three market <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN1WB209\">sources told Reuters<\/a> without providing a reason. This is the third consecutive tender cancelled by the company. The tender canceled <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/01\/egas-cancels-lng-tender-for-three-cargoes-due-to-low-bids\/\">last month<\/a> was due to low bids, sources told the newswire.<\/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\/egas\/\">EGAS<\/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\/oil-and-gas\/\">oil and gas<\/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=\"595509\" 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=\"595509\">\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\/29\/acwa-power-to-submit-offers-for-desalination-plants-in-egypt-in-coming-weeks\/\">\r\n                            Acwa Power to submit offers for desalination plants in Egypt \u201cin coming weeks\u201d                        <\/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\/29\/acwa-power-to-submit-offers-for-desalination-plants-in-egypt-in-coming-weeks\/\" 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\/29\/acwa-power-to-submit-offers-for-desalination-plants-in-egypt-in-coming-weeks\/')\">\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\/29\/acwa-power-to-submit-offers-for-desalination-plants-in-egypt-in-coming-weeks\/\">\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=Acwa Power to submit offers for desalination plants in Egypt \u201cin coming weeks\u201d&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/acwa-power-to-submit-offers-for-desalination-plants-in-egypt-in-coming-weeks\/\">\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\/29\/acwa-power-to-submit-offers-for-desalination-plants-in-egypt-in-coming-weeks\/&title=Acwa Power to submit offers for desalination plants in Egypt \u201cin coming weeks\u201d\">\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=Acwa+Power+to+submit+offers+for+desalination+plants+in+Egypt+%E2%80%9Cin+coming+weeks%E2%80%9D+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Facwa-power-to-submit-offers-for-desalination-plants-in-egypt-in-coming-weeks%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\/29\/acwa-power-to-submit-offers-for-desalination-plants-in-egypt-in-coming-weeks\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595509\" class=\"content-area-description single-story post-595509 post type-post status-publish format-standard hentry category-infrastructure tag-acwa-power tag-enterpriseam tag-infrastructure tag-investment-watch tag-renewables tag-water wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Saudi\u2019s Acwa Power is planning to submit in \u201cthe coming weeks\u201d an offer to the government to set up water desalination plants in coastal cities, <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1363681463810215?__tn__=-R\">according to a cabinet statement<\/a> following a meeting between Prime Minister Moustafa Madbouly, Energy Minister Mohamed Shaker, and Acwa Chairman Mohammad Abdullah Abunayyan. This would be Acwa\u2019s first desalination venture in Egypt. The company has been a household name in recent years for its work on several large-scale renewable and gas-powered energy plants, including a 2.3 GW gas-fired <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/04\/acwa-hassan-allam-ink-ppa-for-usd-2-3-bn-power-plant-2\/\">power plant in Luxor<\/a> and a 200 MW solar plant in <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/14\/acwa-submits-lowest-price-in-egyptian-electricity-transmission-cos-200-mw-kom-ombo-solar-plant-tender\/\">Kom Ombo<\/a> in Upper Egypt. Its country manager <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/14\/acwa-power-to-invest-usd-3-bn-in-egypt-this-year\/\">previously said<\/a> the company is planning to invest USD 3 bn in the sector this year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/acwa-power\/\">ACWA Power<\/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\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/water\/\">water<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595510\" 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=\"595510\">\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\/29\/egypts-tourist-arrivals-increase-30-in-2019\/\">\r\n                            Egypt\u2019s tourist arrivals increase 30% in 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\/29\/egypts-tourist-arrivals-increase-30-in-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\/29\/egypts-tourist-arrivals-increase-30-in-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\/29\/egypts-tourist-arrivals-increase-30-in-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s tourist arrivals increase 30% in 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypts-tourist-arrivals-increase-30-in-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\/29\/egypts-tourist-arrivals-increase-30-in-2019\/&title=Egypt\u2019s tourist arrivals increase 30% in 2019\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+tourist+arrivals+increase+30%25+in+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fegypts-tourist-arrivals-increase-30-in-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\/29\/egypts-tourist-arrivals-increase-30-in-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595510\" class=\"content-area-description single-story post-595510 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Tourist arrivals have increased some 30% y-o-y so far into the year, <a href=\"http:\/\/etaa-egypt.org\">Egyptian Travel Agencies Association<\/a> boss <a href=\"https:\/\/alborsaanews.com\/2019\/09\/27\/1248962\">Hossam El Shaer said<\/a>. Arrivals came in at 11.34 mn visitors <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/12\/egypts-tourist-arrivals-reach-11-3-mn-in-2018\/\">in 2018<\/a>, leading to a 50% y-o-y increase in revenues to USD 11.4 bn throughout the year, up from USD 7.6 bn in 2017.<\/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=\"595514\" 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=\"595514\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypt-in-talks-with-bombardier-for-locomotive-supply\/\">\r\n                            Egypt in talks with Bombardier for locomotive supply                        <\/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\/29\/egypt-in-talks-with-bombardier-for-locomotive-supply\/\" 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\/29\/egypt-in-talks-with-bombardier-for-locomotive-supply\/')\">\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\/29\/egypt-in-talks-with-bombardier-for-locomotive-supply\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in talks with Bombardier for locomotive supply&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypt-in-talks-with-bombardier-for-locomotive-supply\/\">\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\/29\/egypt-in-talks-with-bombardier-for-locomotive-supply\/&title=Egypt in talks with Bombardier for locomotive supply\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+talks+with+Bombardier+for+locomotive+supply+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fegypt-in-talks-with-bombardier-for-locomotive-supply%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\/29\/egypt-in-talks-with-bombardier-for-locomotive-supply\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595514\" class=\"content-area-description single-story post-595514 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-bombardier tag-egyptian-national-railways tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The National Railway Authority is negotiating with Canada\u2019s Bombardier to manufacture and supply 177 locomotives, the <a href=\"http:\/\/mot.gov.eg\/%d8%a7%d9%84%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1\/%d9%88%d8%b2%d9%8a%d8%b1-%d8%a7%d9%84%d9%86%d9%82%d9%84-%d9%8a%d8%a8%d8%ad%d8%ab-%d9%85%d8%b9-%d8%a8%d9%88%d9%85%d8%a8%d8%a7%d8%b1%d8%af%d9%8a%d9%87-%d8%a7%d9%84%d8%b9%d8%a7%d9%84%d9%85%d9%8a%d8%a9\/\">Transport Ministry said in a statement<\/a>. The negotiation also includes rehabilitating 37 Henschel and 40 Edtrans locomotives in the existing railway fleet. Reports emerged earlier this month that the authority is <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/04\/egyptian-national-railways-authority-to-issue-100-locomotives-tender-in-4q\/\">set to issue a tender<\/a> for 100 locomotives in 4Q2019.<\/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\/bombardier\/\">Bombardier<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-national-railways\/\">Egyptian National Railways<\/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=\"595516\" 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=\"595516\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/fitch-affirms-credit-ratings-of-credit-agricole-national-bank-of-egypt\/\">\r\n                            Fitch affirms credit ratings of Credit Agricole, National Bank of Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/fitch-affirms-credit-ratings-of-credit-agricole-national-bank-of-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/fitch-affirms-credit-ratings-of-credit-agricole-national-bank-of-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/fitch-affirms-credit-ratings-of-credit-agricole-national-bank-of-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Fitch affirms credit ratings of Credit Agricole, National Bank of Egypt&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/fitch-affirms-credit-ratings-of-credit-agricole-national-bank-of-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/fitch-affirms-credit-ratings-of-credit-agricole-national-bank-of-egypt\/&title=Fitch affirms credit ratings of Credit Agricole, National Bank of Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Fitch+affirms+credit+ratings+of+Credit+Agricole%2C+National+Bank+of+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Ffitch-affirms-credit-ratings-of-credit-agricole-national-bank-of-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/fitch-affirms-credit-ratings-of-credit-agricole-national-bank-of-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595516\" class=\"content-area-description single-story post-595516 post type-post status-publish format-standard hentry category-banking-finance tag-banking tag-banking-finance tag-credit-agricole tag-enterpriseam tag-fitch-ratings tag-national-bank-of-egypt wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Fitch Ratings has affirmed the long-term issuer default rating for Credit Agricole Egypt (CAE) at 'AA+\u2019 with a \u2018stable outlook,\u2019 <a href=\"https:\/\/www.fitchratings.com\/site\/pr\/10090522\">the agency said in a press release<\/a>. The agency <a href=\"https:\/\/www.fitchratings.com\/site\/pr\/10090590\">has also affirmed<\/a> its rating for the National Bank of Egypt (NBE) at 'B+' with a stable outlook. \u201cThe ratings of CAE, [the latter], reflect potential support from its ultimate shareholder, France's Credit Agricole.\u201d The ratings of NBE, meanwhile, are \u201cunderpinned by potential support from the Egyptian authorities.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/credit-agricole\/\">Credit Agricole<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fitch-ratings\/\">Fitch Ratings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-bank-of-egypt\/\">National Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595518\" 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=\"595518\">\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\/29\/egypt-aims-to-open-three-tax-and-customs-centers-before-end-of-year\/\">\r\n                            Egypt aims to open three tax and customs centers before end of year                        <\/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\/29\/egypt-aims-to-open-three-tax-and-customs-centers-before-end-of-year\/\" 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\/29\/egypt-aims-to-open-three-tax-and-customs-centers-before-end-of-year\/')\">\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\/29\/egypt-aims-to-open-three-tax-and-customs-centers-before-end-of-year\/\">\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 aims to open three tax and customs centers before end of year&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypt-aims-to-open-three-tax-and-customs-centers-before-end-of-year\/\">\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\/29\/egypt-aims-to-open-three-tax-and-customs-centers-before-end-of-year\/&title=Egypt aims to open three tax and customs centers before end of year\">\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+aims+to+open+three+tax+and+customs+centers+before+end+of+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fegypt-aims-to-open-three-tax-and-customs-centers-before-end-of-year%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\/29\/egypt-aims-to-open-three-tax-and-customs-centers-before-end-of-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595518\" class=\"content-area-description single-story post-595518 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-customs tag-enterpriseam tag-other-business-news-of-note tag-tax wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt is planning to open three tax and customs centers before the tax payment deadline in January, Finance Minister Mohamed Maait <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Media\/Pages\/release28-9-2019.aspx\">said in a statement<\/a>. The centers will be opened in Alexandria, Ismailia and Damietta, and will simplify tax payment procedures, Maait 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\/customs\/\">customs<\/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\/tax\/\">tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595519\" 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=\"595519\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/terrorist-ambush-kills-eight-in-north-sinai\/\">\r\n                            Terrorist ambush kills eight in North Sinai                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/terrorist-ambush-kills-eight-in-north-sinai\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/terrorist-ambush-kills-eight-in-north-sinai\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/terrorist-ambush-kills-eight-in-north-sinai\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Terrorist ambush kills eight in North Sinai&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/terrorist-ambush-kills-eight-in-north-sinai\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/terrorist-ambush-kills-eight-in-north-sinai\/&title=Terrorist ambush kills eight in North Sinai\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Terrorist+ambush+kills+eight+in+North+Sinai+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fterrorist-ambush-kills-eight-in-north-sinai%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/terrorist-ambush-kills-eight-in-north-sinai\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595519\" class=\"content-area-description single-story post-595519 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security tag-north-sinai tag-security tag-terrorism tag-war wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Seven soldiers and a civilian were killed in an attack claimed by Islamic State in North Sinai on Friday, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N26I5U8\">Reuters reports<\/a>. Two other soldiers were also injured in the attack, security sources said. Separately, the Cairo Criminal Court has sought the legal opinion of the Grand Mufti over whether the state could execute seven defendants currently facing terrorism charges, <a href=\"https:\/\/www.apnews.com\/75ebf4921e6d457ba53a8f08a84396d3\">the Associated Press reports<\/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\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/north-sinai\/\">North Sinai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/security\/\">security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/terrorism\/\">terrorism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/war\/\">war<\/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=\"595520\" 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=\"595520\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypts-ballots-for-salah-were-invalid-fifa\/\">\r\n                            Egypt\u2019s ballots for Salah were invalid -Fifa                        <\/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\/29\/egypts-ballots-for-salah-were-invalid-fifa\/\" 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\/29\/egypts-ballots-for-salah-were-invalid-fifa\/')\">\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\/29\/egypts-ballots-for-salah-were-invalid-fifa\/\">\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 ballots for Salah were invalid -Fifa&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypts-ballots-for-salah-were-invalid-fifa\/\">\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\/29\/egypts-ballots-for-salah-were-invalid-fifa\/&title=Egypt\u2019s ballots for Salah were invalid -Fifa\">\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+ballots+for+Salah+were+invalid+-Fifa+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fegypts-ballots-for-salah-were-invalid-fifa%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\/29\/egypts-ballots-for-salah-were-invalid-fifa\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595520\" class=\"content-area-description single-story post-595520 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-mohamed-salah tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Football Association\u2019s (EFA) votes for Mohamed Salah <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/25\/el-sisis-visit-to-new-york-continues-to-lead-the-conversation-on-egypts-airwaves\/\">were not counted<\/a> during the Fifa Best Player 2019 rankings because the signatures on Egypt\u2019s ballots were in capital letters and not signed by the EFA\u2019s general secretary, <a href=\"https:\/\/www.apnews.com\/437c02c044fa4927882565e5b2c74da9\">according to Associated Press<\/a>. The ballots were therefore deemed unvalid, Fifa said. It was revealed last week that the <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/25\/el-sisis-visit-to-new-york-continues-to-lead-the-conversation-on-egypts-airwaves\/\">EFA had not voted for Salah<\/a> in the awards, resulting in the Egyptian star removing \u201cEgyptian national team\u201d from his Twitter bio.<\/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\/mohamed-salah\/\">Mohamed Salah<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595521\" 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=\"595521\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/cirque-du-soleil-comes-to-egypt-for-the-first-time\/\">\r\n                            Cirque du Soleil comes to Egypt for the first time                        <\/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\/29\/cirque-du-soleil-comes-to-egypt-for-the-first-time\/\" 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\/29\/cirque-du-soleil-comes-to-egypt-for-the-first-time\/')\">\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\/29\/cirque-du-soleil-comes-to-egypt-for-the-first-time\/\">\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=Cirque du Soleil comes to Egypt for the first time&url=https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/cirque-du-soleil-comes-to-egypt-for-the-first-time\/\">\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\/29\/cirque-du-soleil-comes-to-egypt-for-the-first-time\/&title=Cirque du Soleil comes to Egypt for the first time\">\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=Cirque+du+Soleil+comes+to+Egypt+for+the+first+time+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F09%2F29%2Fcirque-du-soleil-comes-to-egypt-for-the-first-time%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\/29\/cirque-du-soleil-comes-to-egypt-for-the-first-time\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/890.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595522\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/cirque-du-soleil-comes-to-egypt-for-the-first-time\/890-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/890.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"890.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/890.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/890.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595521\" class=\"content-area-description single-story post-595521 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Canada\u2019s world-renowned Cirque du Soleil has come to Egypt for the first time.<\/b> Its latest featured show, Bazzar, kicked off on 19 September and will run until 6 October at Hyde Park New Cairo, <a href=\"https:\/\/egyptindependent.com\/circus-arts-pioneer-cirque-de-soleil-hits-egyptian-stages\/\">Egypt Independent reports<\/a>. The troupe, which is renowned for its colorful performances and spellbinding acrobatic moves, was founded in 1984 by two former street performers.<\/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<section id=\"595523\" 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=\"595523\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/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\/29\/the-market-yesterday-300\/\">\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\/29\/the-market-yesterday-300\/\" 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\/29\/the-market-yesterday-300\/')\">\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\/29\/the-market-yesterday-300\/\">\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\/29\/the-market-yesterday-300\/\">\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\/29\/the-market-yesterday-300\/&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%2F29%2Fthe-market-yesterday-300%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\/29\/the-market-yesterday-300\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595523\" class=\"content-area-description single-story post-595523 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 16.25 | Sell 16.38<b><\/p>\n<p> EGP \/ USD at CIB:<\/b> Buy 16.26 | Sell 16.36<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 16.25 | Sell 16.35<\/p>\n<p><b>EGX30<\/b> (Thursday): 13,857 (+1.9%)<\/p>\n<p> <b>Turnover:<\/b> EGP 966 mn (43% above the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +6.3%<\/p>\n<p><b>THE MARKET ON THURSDAY:<\/b> The EGX30 ended Thursday\u2019s session up 1.9%. CIB, the index\u2019s heaviest constituent, ended up 3.3%. EGX30\u2019s top performing constituents were Palm Hills up 4.7%, Egyptian Iron & Steel up 4.3%, and Cleopatra Hospital up 4.0%. Thursday\u2019s worst performing stocks were Elsewedy Electric down 0.8%, Eastern Co down 0.5%, and Orascom Construction down 0.5%. The market turnover was EGP 966 mn, and local investors were the sole net sellers.<\/p>\n<p><b>Foreigners<\/b>: Net long | EGP +12.0 mn<\/p>\n<p> <b>Regional<\/b>: Net long | EGP +131.1 mn<\/p>\n<p> <b>Domestic<\/b>: Net short | EGP -143.1 mn<\/p>\n<p><b>Retail<\/b>: 45.7% of total trades | 41.3% of buyers | 50.1% of sellers<\/p>\n<p> <b>Institutions<\/b>: 54.3% of total trades | 58.7% of buyers | 49.9% of sellers<\/p>\n<p><b>WTI:<\/b> USD 55.91 (-0.89%)<\/p>\n<p> <b>Brent:<\/b> USD 61.91 (-1.32%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.40 MMBtu, (-1.60%, November 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,506.40 \/ troy ounce (-0.58%)<\/p>\n<p><b>TASI:<\/b> 8,028.19 (-0.03%) (YTD: +2.57%)<\/p>\n<p> <b>ADX:<\/b> 5,069.42 (-0.37%) (YTD: +3.14%)<\/p>\n<p> <b>DFM:<\/b> 2,798.21 (-0.15%) (YTD: +10.61%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,222.91 (-0.66%)<\/p>\n<p> <b>QE:<\/b> 10,420.02 (-0.20%) (YTD: +1.17%)<\/p>\n<p> <b>MSM:<\/b> 4,015.98 (-0.14%) (YTD: -7.12%)<\/p>\n<p> <b>BB: <\/b>1,521.34 (+0.09%) (YTD: +13.77%)<\/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=\"595524\" 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\/29\/595524\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595524\" class=\"content-area-description single-story post-595524 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>28-30 September (Saturday-Monday): <a href=\"https:\/\/alex.technesummit.com\/2019\">Techne Summit<\/a>, Alexandria.<\/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>October: German businessman delegation will visit Egypt to discuss good projects in order to spend German funds into Egypt<\/p>\n<p>October: A delegation of 40-50 Saudi companies <a href=\"https:\/\/www.youm7.com\/story\/2019\/9\/22\/%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1%D9%89-%D8%A7%D9%84%D8%A3%D8%AB%D8%A7%D8%AB-%D8%A8%D8%B9%D8%AB%D8%A9-%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9-%D8%AA%D8%B6%D9%85-50-%D8%B4%D8%B1%D9%83%D8%A9-%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%AA%D8%B2%D9%88%D8%B1-%D9%85%D8%B5%D8%B1\/4423096\">will visit Egypt<\/a> to discuss increasing exports of Egyptian furniture.<\/p>\n<p>1 October (Tuesday): The House of Representatives reconvenes for its fourth legislative session.<\/p>\n<p>3 October (Thursday): Emirates NBD \/ Markit PMI for Egypt released.<\/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>8-10 October (Tuesday-Thursday): <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/09\/Korean-Business-Council-Oct2019.pdf\">A delegation of 20 Korean companies visits Egypt<\/a>.<\/p>\n<p>10-13 October (Thursday-Sunday): <a href=\"http:\/\/biwarabia.com\/en\/\">Big Industrial Week Arabia 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>20-24 October (Sunday-Thursday): <a href=\"https:\/\/aegypten.ahk.de\/en\/\">German-Arab Chamber of Industry and Commerce\u2019s<\/a> ROI Week with <a href=\"https:\/\/roiinstitute.net\/\">ROI Institute<\/a>, JW Marriott Hotel, New Cairo<\/p>\n<p>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>23-24 October (Wednesday-Thursday): Russian-African Summit, Sochi City, Russia<\/p>\n<p>23 October-1 November (Wednesday-Friday): CIB PSA Women\u2019s World Championship, Great Pyramid of Giza, Cairo.<\/p>\n<p>28 October-22 November (Monday-Friday): <a href=\"https:\/\/www.itu.int\/en\/ITU-R\/conferences\/wrc\/2019\/Pages\/default.aspx\">World Radiocommunication Conference 2019<\/a>, Sharm El Sheikh, Egypt.<\/p>\n<p>28 October-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>5-7 December (Thursday-Saturday): <a href=\"https:\/\/riseupsummit.com\/home\">RiseUp Summit<\/a>, to be announced and <a href=\"https:\/\/www.facebook.com\/events\/725969441185708\/\">Pitch by the Pyramids<\/a>, Giza Pyramids<\/p>\n<p>8 December (Sunday): <a href=\"https:\/\/www.facebook.com\/events\/725969441185708\/\">Pitch by the Pyramids<\/a>, Giza Pyramids<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.pacprocess-mea.com\/\">Pacprocess Middle East Africa<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa 2019 Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>10-11 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>14-17 December (Saturday-Tuesday): <a href=\"https:\/\/wyfegypt.com\/\">World Youth Forum<\/a> 2019, Sharm El Sheikh.<\/p>\n<p>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>January 2020: 2019 Confederation of African Football (CAF) Awards, Albatros Citadel Resort, <a href=\"https:\/\/alborsaanews.com\/2019\/07\/18\/1226515\">Hurghada, Egypt<\/a>.<\/p>\n<p>January 2020: <a href=\"https:\/\/punchng.com\/uk-africa-investment-summit-holds-in-jan-2020-foreign-secretary\/\">UK-Africa Investment summit<\/a>, London, United Kingdom.<\/p>\n<p>9-12 January 2020 (Tuesday-Sunday): <a href=\"http:\/\/www.plastex-online.com\/\">PLASTEX<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25 January 2020 (Saturday): 25 January revolution anniversary \/ Police Day, national holiday.<\/p>\n<p>25 January 2020 (Saturday): Midterm break for public schools and universities. Also known as: Two weeks of good commute.<\/p>\n<p>8 February 2020 (Saturday): Midterm break ends. Traffic in Cairo stinks once more.<\/p>\n<p>11-13 February 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>March: <a href=\"http:\/\/www.menafatf.org\/about\">The Middle East and North Africa Financial Action Task Force<\/a> (MENAFATF) <a href=\"https:\/\/almalnews.com\/%d9%85%d8%ac%d9%85%d9%88%d8%b9%d8%a9-%d8%a7%d9%84%d8%b9%d9%85%d9%84-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a-%d8%aa%d8%b2%d9%88%d8%b1-%d9%85%d8%b5%d8%b1-%d9%85%d8%a7%d8%b1%d8%b3-%d8%a7%d9%84%d9%85%d9%82\/\">will visit<\/a> Egypt to assess the progress of actions taken to combat money laundering and terrorist sponsoring activities.<\/p>\n<p>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<p>November 2020: Egypt <a href=\"http:\/\/gate.ahram.org.eg\/News\/2284801.aspx\">will host simultaneously<\/a> the International Capital Market Association\u2019s emerging market, and Africa and Middle East meetings.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":595486,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-595485","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"6c9f7dc8-8a31-4ab8-bf09-e68e7f7046f1","teaser":"","photo_url":"https:\/\/ent.news\/2016\/6\/106.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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