{"id":595715,"date":"2019-08-05T04:00:36","date_gmt":"2019-08-05T04:00:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=595715"},"modified":"2025-12-16T18:54:24","modified_gmt":"2025-12-16T18:54:24","slug":"cairo-explosion-leaves-19-dead","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/cairo-explosion-leaves-19-dead\/","title":{"rendered":"Cairo explosion leaves 19 dead."},"content":{"rendered":"<section id=\"595717\" 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=\"595717\">\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\/08\/05\/what-were-tracking-on-05-august-2019\/\">\r\n                            What we\u2019re tracking on 05 August 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\/08\/05\/what-were-tracking-on-05-august-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(); 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Non-oil business activity had <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/07\/non-oil-business-activity-continues-to-contract-in-june-4\/\">remained in contraction territory in June<\/a>, but the slowdown rate was softer than the month prior. You can <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/PressReleases?language=en\">find the PMI here<\/a> when it\u2019s released.<\/p><p>Also coming up this week:<\/p><ul>\n<li><b>Foreign reserves:<\/b> The CBE is due to release Egypt\u2019s net foreign reserve figures for July.<\/li>\n<li><b>Inflation:<\/b> Monthly inflation figures are due out from the CBE and Capmas. Inflation fell to a three-year low in June, <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/11\/egypts-inflation-rate-in-single-digits-for-first-time-since-march-2016-cbe-still-expected-to-hold-rates\/\">coming in at 9.4%<\/a>.<\/li>\n<\/ul><p><b>The subscription period for the retail component of e-payments platform Fawry\u2019s IPO closes today.<\/b> The company has set aside 35.4 mn shares for its Egyptian retail offering, which is so far around 7x oversubscribed, <a href=\"https:\/\/alborsaanews.com\/2019\/08\/04\/1231832\">according to the local press<\/a>. Fawry\u2019s private placement, which closed last week, was nearly 16x oversubscribed. The company\u2019s shares will debut on the EGX at EGP 6.46 per share on Thursday.<\/p><p><b>It\u2019s official: <\/b>Prime Minister Moustafa Madbouly will today oversee the official signing ceremony with Canada\u2019s Bombardier to build the much anticipated monorails, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=04082019&amp;id=7686767b-6843-4928-833a-973a2c4a0484\">Al Shorouk reported<\/a>. The Transport Ministry yesterday signed an agreement with the Bombardier-led consortium to construct the monorails linking 6 October City to Giza and Nasr City to the new administrative capital. We have more on this in this morning\u2019s Speed Round, below.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/Stock-trader-1600px.jpg?ssl=1\"><\/p><p><b>Is the US heading for a summer stock market correction?<\/b> Escalating trade tensions, the heightened risk of a no-deal Brexit, and a hesitant US Federal Reserve could create a perfect storm resulting in a stock market correction in the coming weeks, <a href=\"https:\/\/www.cnbc.com\/2019\/08\/02\/perfect-storm-building-for-market-correction.html\">analysts tell CNBC<\/a>. US equities have turned a blind eye to rising global headwinds, soaring to record highs in recent weeks on hopes that the Fed was about to embark on an extended easing cycle. But Fed chair Jerome Powell\u2019s unexpectedly hawkish comments last week and Trump\u2019s trade war escalation have <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/04\/what-were-tracking-on-4-august-2019\/\">sent shockwaves through the markets<\/a>. \u201cThe risks are significant,\u201d Barry Knapp, managing partner at Ironsides Macroeconomics, said. \u201c I think we\u2019ll get a correction\u2026 We could trade back to May lows.\u201d Julian Emanuel, BTIG\u2019s head of equity and derivative strategy, warns that there is unlikely to be any clarity on the main issues plaguing the market for weeks. \u201cThe real issue as to why there\u2019s going to be a correction in our view is there\u2019s a massive, massive vacuum\u2026 The issues are China, the issues are the Fed and the issues are Brexit. In the first two, you\u2019re almost not going to hear anything.\u201d<\/p><p><b>Morgan Stanley has changed its tune on EM debt:<\/b> It was only <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/09\/what-were-tracking-on-9-july-2019\/\">last month<\/a> that Morgan Stanley was telling us to get into EM bonds in the event of a market downturn. But after the Fed dashed <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/31\/what-were-tracking-on-31-july-2019\/\">its expectations<\/a> for a more dovish turn, the bank has turned decidedly bearish on EM debt and is advising clients to reduce their exposure, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-04\/morgan-stanley-turns-gloomier-on-em-as-fed-trade-woes-bite?srnd=premium-middle-east\">Bloomberg reports<\/a>. \u201cThe backdrop for EM has worsened in several ways in a short space of time,\u201d bank analysts said in a note on Friday. \u201cAll this justifies a more cautious stance and will likely worsen an already weak global-growth backdrop.\u201d<\/p><hr class=\"grey-line\"><p><b>Affirma Capital has become an independent EM private equity firm<\/b> after completing a USD 1 bn management buyout (MBO) from Standard Chartered Bank, it said <a href=\"https:\/\/ent.news\/2019\/8\/2787.pdf\">in a statement (pdf)<\/a>. Intermediate Capital Group (ICG) purchased the majority of the bank\u2019s PE assets through its ICG Strategic Equity, which will provide Affirma with <a href=\"https:\/\/www.icgam.com\/newsroom\/2018\/17-12-2018\">USD 400 mn<\/a>for new and follow-on investments. Affirma will manage Standard Chartered Private Equity\u2019s USD 3.6 bn portfolio, which includes over 50 investments across China, India, South East Asia, South Korea, Sub-Saharan African and the Middle East. Affirma <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/08\/Affirma_Tirupati_1-Aug_2019.pdf\">immediately announced<\/a> a USD 50 bn investment in Indian nutraceutical company Tirupati Group following the completion of the MBO.<\/p><hr class=\"grey-line\"><p><b>Ever wondered why the terms \u2018bull market\u2019 and \u2018bear market\u2019 are so widely used but often so difficult to define?<\/b> This <a href=\"https:\/\/www.wsj.com\/articles\/where-did-this-bull-market-come-from-anyway-11564766200\">mini-crash course<\/a> in financial history and language from the WSJ tells you where the terms came from and traces their use as widespread terminology. You might be surprised to know that they have actually been around since the 1850s, with financial optimists and pessimists first referred to as \u2018bulls\u2019 and \u2018bears\u2019 respectively in Britain in the early 18th century. But modern use of the terms (in which a bull market is commonly defined by a 20% rise from a market index\u2019s most recent lowest point and a bear market by a 20% decline from its latest high) only became the accepted definitions in the 1980s and 90s.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/710.jpg?ssl=1\"><\/p><p><b>Sudan generals, opposition sign constitutional agreement:<\/b> Sudan\u2019s military and civilian leaders yesterday put pen to paper and signed the <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/04\/what-were-tracking-on-4-august-2019\/\">constitutional declaration agreed on Saturday<\/a>, <a href=\"https:\/\/www.bbc.com\/news\/world-africa-49226130\">the BBC reports<\/a>. Protest leader Ahmed Rabie and Gen. Mohamed Hamdan \u201cHemeti\u201d Daglo signed the agreement, which will set up a transitional governing council consisting of six civilians and five generals that will rule the country until elections are held in late-2022. A general will lead the council for the first 21 months before handing power to a civilian, who will rule for a further 18 months. The council will establish up a 300-member legislative body and a cabinet headed by a civilian prime minister.<\/p><p><b>Foreign Ministry welcomes declaration:<\/b> The Foreign Ministry has welcomed the declaration, calling it an \u201cimportant step on the right path towards achieving security and stability in the country\u201d <a href=\"https:\/\/www.facebook.com\/MFAEgyptEnglish\/posts\/2426766174317624?__tn__=-R\">in a statement<\/a>.<\/p><p><b>Another day, another tanker seized in the Gulf: <\/b>Iranian state media announced yesterday that the Revolutionary Guards seized an Iraqi oil tanker said to have been smuggling fuel, <a href=\"https:\/\/www.reuters.com\/article\/us-mideast-iran-tanker\/iran-seizes-foreign-oil-tanker-smuggling-fuel-in-gulf-state-media-idUSKCN1UU08Y\">Reuters reports<\/a>. <a href=\"https:\/\/www.reuters.com\/article\/us-mideast-iran-tanker\/iran-seizes-foreign-oil-tanker-smuggling-fuel-in-gulf-state-media-idUSKCN1UU08Y\">Seven crew members were detained<\/a> when the vessel was detained near Iran\u2019s Farsi island in the Arabian Gulf. This is the latest in a <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/21\/what-were-tracking-on-21-july-2019\/\">series of tense standoffs<\/a> between Iran and its Gulf neighbours.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bombardier\/\">Bombardier<\/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\/fawry\/\">Fawry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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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\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595718\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 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33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595719\" 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=\"595719\">\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\/08\/05\/bombardiers-monorail-agreement-was-the-talk-of-town-last-night\/\">\r\n                            Bombardier\u2019s monorail agreement was the talk of town last night                        <\/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\/08\/05\/bombardiers-monorail-agreement-was-the-talk-of-town-last-night\/\" 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\/08\/05\/bombardiers-monorail-agreement-was-the-talk-of-town-last-night\/')\">\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\/08\/05\/bombardiers-monorail-agreement-was-the-talk-of-town-last-night\/\">\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=Bombardier\u2019s monorail agreement was the talk of town last night&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/bombardiers-monorail-agreement-was-the-talk-of-town-last-night\/\">\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\/08\/05\/bombardiers-monorail-agreement-was-the-talk-of-town-last-night\/&title=Bombardier\u2019s monorail agreement was the talk of town last night\">\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=Bombardier%E2%80%99s+monorail+agreement+was+the+talk+of+town+last+night+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fbombardiers-monorail-agreement-was-the-talk-of-town-last-night%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\/08\/05\/bombardiers-monorail-agreement-was-the-talk-of-town-last-night\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595719\" class=\"content-area-description single-story post-595719 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-bombardier tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-social-welfare tag-subsidies wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Egypt signed contracts with Canada\u2019s Bombardier Transportation for planned monorail projects yesterday<\/b>, Masaa DMC\u2019s Eman El Hosary highlighted (<a href=\"https:\/\/www.youtube.com\/watch?v=OuW4Lw1OEcE&feature=youtu.be\">watch, runtime: 02:53)<\/a>. A consortium made up of Bombardier, Orascom Construction and Arab Contractors will build, operate, maintain the new monorail lines for a 30-year period, El Hekaya\u2019s Amr Adib noted (<a href=\"https:\/\/www.youtube.com\/watch?v=ANkeAOUY3WA&feature=youtu.be\">watch, runtime: 10:48<\/a>). We have more on this in our <b>Speed Round<\/b>, below.<\/p>\n<p><b>El Sisi urges gov\u2019t to step up efforts to promote auto manufacturing:<\/b> President Abdel Fattah El Sisi discussed with relevant officials yesterday the latest efforts to improve and restructure the country\u2019s transportation system, Al Hayah Al Youm\u2019s Khaled Abu Bakr said (<a href=\"https:\/\/www.youtube.com\/watch?v=3utw8XxJlQw&feature=youtu.be\">watch, runtime: 02:42<\/a>). The president also stressed the importance to shift focus from auto assembly to manufacturing, Abu Bakr cited the presidential spokesman as saying.<\/p>\n<p><b>Out of mns of Kramers, we finally have one who owned up:<\/b> Just when you start to think Mother Teresa was the last of the righteous, along comes the first-ever Egyptian to make an official request to the supply minister to be removed from the nation\u2019s subsidy rolls on grounds that he is \u201cunworthy,\u201d advisor to the minister for information systems Amr Madkour told Al Youm\u2019s Sara Hazem (<a href=\"https:\/\/youtu.be\/vzK_AHzSr3I?t=346\">watch runtime, 7:40<\/a>). This came after Supply Minister Aly El Moselhy announced <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/04\/supply-ministry-details-criteria-for-fourth-phase-of-kramer-purge\/\">over the weekend<\/a> that the government has started the fourth phase of the Great Subsidy Rolls Purge, which aim to <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/14\/egypt-to-remove-another-400k-kramers-from-subsidy-program\/\">remove another 400k Kramers<\/a> from the subsidy program by outlining new eligibility criteria.<\/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\/bombardier\/\">Bombardier<\/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\/social-welfare\/\">social welfare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/subsidies\/\">subsidies<\/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=\"595720\" 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=\"595720\">\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\/08\/05\/cairo-explosion-leaves-19-dead-30-injured\/\">\r\n                            Cairo explosion leaves 19 dead, 30 injured                        <\/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\/08\/05\/cairo-explosion-leaves-19-dead-30-injured\/\" 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\/08\/05\/cairo-explosion-leaves-19-dead-30-injured\/')\">\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\/08\/05\/cairo-explosion-leaves-19-dead-30-injured\/\">\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=Cairo explosion leaves 19 dead, 30 injured&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/cairo-explosion-leaves-19-dead-30-injured\/\">\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\/08\/05\/cairo-explosion-leaves-19-dead-30-injured\/&title=Cairo explosion leaves 19 dead, 30 injured\">\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=Cairo+explosion+leaves+19+dead%2C+30+injured+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fcairo-explosion-leaves-19-dead-30-injured%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\/08\/05\/cairo-explosion-leaves-19-dead-30-injured\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595720\" class=\"content-area-description single-story post-595720 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-security 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>At least 19 killed, 30 injured in deadly Cairo explosion: <\/b>Nineteen people were killed and 30 others injured, a few of whom are in critical condition, in an explosion near the National Cancer Institute in Cairo late on Sunday, the <a href=\"https:\/\/www.facebook.com\/Official.Ministry.of.Health.Egy\/posts\/928596340810869?__tn__=-R\">Health Ministry said early this morning<\/a>. \u201cOther bodies may be found \u2026 the search is ongoing,\u201d Health Minister Hala Zayed told Extra News (<a href=\"https:\/\/www.youtube.com\/watch?v=J9FGoT-YupE\">watch, runtime: 03:44<\/a>) earlier in the night. The explosion was a result of a three-car collision, the interior ministry <a href=\"https:\/\/www.facebook.com\/MoiEgy\/photos\/a.181676241876047\/2414201455290170\/?type=3&__xts__%5B0%5D=68.ARDSeRZHTsMF66M7oz2a0Wa8DkmGw5gIGO_dxbems9Vjnfxmmf1GPUGxBFf2x-jsEK2ZcvLcgu16a2WSVhp6A3XoEyEZISacXQlOJZyai6AdYyoRmRAAUkpMU23gUan6rdLz_JDtsWhreo-p0w4JeGsdn7a_y9u4BXVDI0kF_rmUkCXBtNgs-5lWe5auUV0PNQ4GyWXeCthLfj_74_flBgA739ZwqKoRE9I1pk3sKHnTCgkGewKf14zP_DODqWF0EGXpLcDrGUoBrlSoMrLiTYP1RQuBI6Yjdz8KdJFjj6O7U11KVpm_-Qt9muXILIekTEyDrG4HOLZnpGmCyytudTdxMg&__tn__=-R\">said in a statement<\/a>. The public prosecutor has ordered an investigation into the incident, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1417878\">AMAY noted<\/a>.<\/p>\n<p><b>The story is getting attention in the foreign press:<\/b> <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-security-blast\/seventeen-dead-in-car-explosion-in-central-cairo-health-ministry-idUSKCN1UV00G\">Reuters<\/a>, <a href=\"https:\/\/www.dw.com\/en\/egypt-cairo-hit-by-deadly-explosion\/a-49891510\">Deutsche Welle<\/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\/security\/\">security<\/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=\"595733\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595734\" 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=\"595734\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/egypt-in-the-news-on-05-august-2019\/\">\r\n                            Egypt in the News on 05 August 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\/08\/05\/egypt-in-the-news-on-05-august-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\/08\/05\/egypt-in-the-news-on-05-august-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\/08\/05\/egypt-in-the-news-on-05-august-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the News on 05 August 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/egypt-in-the-news-on-05-august-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\/08\/05\/egypt-in-the-news-on-05-august-2019\/&title=Egypt in the News on 05 August 2019\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+05+August+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fegypt-in-the-news-on-05-august-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\/08\/05\/egypt-in-the-news-on-05-august-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595734\" class=\"content-area-description single-story post-595734 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-energy tag-enterpriseam tag-nigeria wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>It\u2019s another quiet morning for Egypt in the foreign press:<\/b> The former CEO of the Nigerian Electricity Regulatory Commission is holding Egypt up as a role model for how to develop the country\u2019s power sector. <a href=\"https:\/\/www.vanguardngr.com\/2019\/08\/we-built-on-a-faulty-model-sam-amadi-former-nerc-ceo\/\">In an interview with Nigerian media<\/a>, Sam Amadi says Nigeria should learn lessons from Egypt when it comes to project management and privatization.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nigeria\/\">Nigeria<\/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=\"595735\" 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=\"595735\">\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\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/does-abraajs-collapse-signal-the-end-of-regional-private-equity\/\">\r\n                            Does Abraaj\u2019s collapse signal the end of regional private equity?                        <\/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\/08\/05\/does-abraajs-collapse-signal-the-end-of-regional-private-equity\/\" 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\/08\/05\/does-abraajs-collapse-signal-the-end-of-regional-private-equity\/')\">\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\/08\/05\/does-abraajs-collapse-signal-the-end-of-regional-private-equity\/\">\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=Does Abraaj\u2019s collapse signal the end of regional private equity?&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/does-abraajs-collapse-signal-the-end-of-regional-private-equity\/\">\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\/08\/05\/does-abraajs-collapse-signal-the-end-of-regional-private-equity\/&title=Does Abraaj\u2019s collapse signal the end of regional private equity?\">\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=Does+Abraaj%E2%80%99s+collapse+signal+the+end+of+regional+private+equity%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fdoes-abraajs-collapse-signal-the-end-of-regional-private-equity%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\/08\/05\/does-abraajs-collapse-signal-the-end-of-regional-private-equity\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2063.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595736\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/does-abraajs-collapse-signal-the-end-of-regional-private-equity\/2063-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2063.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2063.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2063.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2063.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595735\" class=\"content-area-description single-story post-595735 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-abraaj tag-arif-naqvi tag-enterpriseam tag-investment-watch tag-private-equity 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-05\"><\/a> <b>Does Abraaj\u2019s collapse signal the end of regional private equity?<\/b> The \u201cspectacular\u201d <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/26\/what-were-tracking-on-26-june-2018\/\">collapse of Abraaj<\/a>, seen for years as the standard-bearer for EM private equity, has left a \u201cnuclear wasteland\u201d in its wake, destroying investor confidence in the market and tarnishing Dubai\u2019s reputation, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-01\/the-firm-that-wrecked-private-equity-for-the-middle-east\">Matthew Martin and Nicholas Parasie argue in Bloomberg<\/a>. The Dubai Financial Services Authority (DFSA) <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/31\/dubai-financial-regulator-fines-abraaj-usd-314-6-mn-for-serious-wrongdoing\/\">recently issued a hefty USD 315 mn fine<\/a> for \u201cserious wrongdoing\u201d and misuse of investor funds, but this may do little to alleviate investor concerns in the long term.<\/p>\n<p><b>Even before Abraaj went under, private equity in the MENA region was flagging.<\/b> A 2018 analysis <a href=\"https:\/\/www.zawya.com\/mena\/en\/markets\/story\/Correction_After_Abraaj_Tough_times_for_GCCs_private_equity_market_but_fund_managers_remain_upbeat-ZAWYA20180731142011\/\">identified a notable decrease<\/a> in active and sustainable PE funds in the region, starting as early as 2008. Liquidity is proving to be a long-term challenge, affected by a lack of institutional investment and the broader economic environment. But a series of obstacles, including declining oil prices, political turbulence amongst GCC countries, rising interest rates and tough global macroeconomic conditions, have all impacted the sector in recent years. <a href=\"https:\/\/www.zawya.com\/mena\/en\/business\/story\/MENA_private_equity_set_for_another_slow_year_despite_positive_longterm_outlook-ZAWYA20190121083606\/\">Preqin data shows<\/a> that eight PE funds with exposure to MENA closed last year with USD 406 mn in aggregate capital raised, down 65% from USD 1.168 bn raised in 2017 and USD 14.283 bn in 2015.<\/p>\n<p><b>Under-regulation or a lack of due diligence to blame? <\/b>The Abraaj collapse is increasingly being presented as a cautionary tale of the need for rigorous checks and balances, both from regulators and from investors themselves. The DFSA has been accused of being slow to respond to allegations of wrongdoing, and investors have become hesitant to put money into funds for fear of flaws in the regulatory environment. But investors who jumped onto the Abraaj bandwagon without asking questions also played their part. The Abraaj case \u201cshould be seen more as a message about due diligence lapses by investors,\u201d says Sabah al Binali, CEO of Universal Strategy. A Turkey-based PE manager concurs, saying \u201cit was lazy investors who created this monster.\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\/abraaj\/\">Abraaj<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/arif-naqvi\/\">Arif Naqvi<\/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\/private-equity\/\">private equity<\/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=\"595737\" 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=\"595737\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/why-is-the-us-suddenly-seeing-an-influx-of-made-in-vietnam-goods\/\">\r\n                            Why is the US suddenly seeing an influx of \u2018Made in Vietnam\u2019 goods?                        <\/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\/08\/05\/why-is-the-us-suddenly-seeing-an-influx-of-made-in-vietnam-goods\/\" 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\/08\/05\/why-is-the-us-suddenly-seeing-an-influx-of-made-in-vietnam-goods\/')\">\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\/08\/05\/why-is-the-us-suddenly-seeing-an-influx-of-made-in-vietnam-goods\/\">\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=Why is the US suddenly seeing an influx of \u2018Made in Vietnam\u2019 goods?&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/why-is-the-us-suddenly-seeing-an-influx-of-made-in-vietnam-goods\/\">\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\/08\/05\/why-is-the-us-suddenly-seeing-an-influx-of-made-in-vietnam-goods\/&title=Why is the US suddenly seeing an influx of \u2018Made in Vietnam\u2019 goods?\">\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=Why+is+the+US+suddenly+seeing+an+influx+of+%E2%80%98Made+in+Vietnam%E2%80%99+goods%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fwhy-is-the-us-suddenly-seeing-an-influx-of-made-in-vietnam-goods%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\/08\/05\/why-is-the-us-suddenly-seeing-an-influx-of-made-in-vietnam-goods\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/97.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595738\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/why-is-the-us-suddenly-seeing-an-influx-of-made-in-vietnam-goods\/97-jpg-18\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/97.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"97.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/97.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/97.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595737\" class=\"content-area-description single-story post-595737 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-china tag-enterpriseam tag-tax tag-trade tag-us tag-vietnam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Why is the US suddenly seeing an influx of \u2018Made in Vietnam\u2019 goods? They\u2019re not always Vietnamese.<\/b> Vietnamese tech exports to the US increased by over 70% between May 2018 and May 2019, but many of these goods actually came from China, the Wall Street Journal says (<a href=\"https:\/\/www.wsj.com\/video\/when-made-in-vietnam-products-are-actually-from-china\/62DD733B-5FBF-4CAC-B576-388A4AA053C4.html\">watch, runtime: 04:27<\/a>). As businesses struggle with the fallout of the US-China trade dispute, an increasing number are resorting to a process called transshipment to bypass hefty tariffs on Chinese exports. This involves moving goods \u2014 including electronics, steel and furniture \u2014 from China to countries such as Vietnam, Malaysia and Thailand, swapping the \u201ccountry of origin\u201d label, and then shipping the products to the US.<\/p>\n<p><b>Uh, isn\u2019t that illegal?<\/b> In some cases, the companies make minimal concessions to legality by making small changes to the goods (wrapping Chinese steel in a protective zinc layer in Vietnam, for instance) or gathering the components of an electronic device domestically and then outsourcing its assembly. But what they are doing is essentially illegal, and carries increasingly hefty penalties, including fines and even jail time.<\/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\/tax\/\">tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/vietnam\/\">Vietnam<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595739\" 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=\"595739\">\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\/08\/05\/egypt-us-sign-four-bilateral-assistance-agreements-for-usd-59-mn\/\">\r\n                            Egypt, US sign four bilateral assistance agreements for USD 59 mn                        <\/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\/08\/05\/egypt-us-sign-four-bilateral-assistance-agreements-for-usd-59-mn\/\" 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\/08\/05\/egypt-us-sign-four-bilateral-assistance-agreements-for-usd-59-mn\/')\">\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\/08\/05\/egypt-us-sign-four-bilateral-assistance-agreements-for-usd-59-mn\/\">\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, US sign four bilateral assistance agreements for USD 59 mn&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/egypt-us-sign-four-bilateral-assistance-agreements-for-usd-59-mn\/\">\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\/08\/05\/egypt-us-sign-four-bilateral-assistance-agreements-for-usd-59-mn\/&title=Egypt, US sign four bilateral assistance agreements for USD 59 mn\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%2C+US+sign+four+bilateral+assistance+agreements+for+USD+59+mn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fegypt-us-sign-four-bilateral-assistance-agreements-for-usd-59-mn%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\/08\/05\/egypt-us-sign-four-bilateral-assistance-agreements-for-usd-59-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595739\" class=\"content-area-description single-story post-595739 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-development tag-diplomacy-foreign-trade tag-education tag-enterpriseam tag-health tag-smes tag-us tag-usaid tag-water wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Egypt and USAID signed four assistance agreements yesterday worth a combined USD 59 mn<\/b>, the US embassy <a href=\"https:\/\/eg.usembassy.gov\/united-states-signs-agreements-for-59-million-in-bilateral-assistance-for-egypt\/\">said in a statement<\/a>. The agreements provide support to Egypt on issues including voluntary family planning, increasing the capacity of higher education institutions, promoting inclusiveness and sustainability for micro, small, and medium-sized enterprises, and continuing to support joint research for Egyptian and US scientists. The agreements come after a new USAID-funded service and training center to provide water and sanitation services to over 650k households <a href=\"https:\/\/eg.usembassy.gov\/u-s-expands-support-for-water-services-in-assiut\/\">was established in Assiut<\/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\/development\/\">development<\/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\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/smes\/\">SMEs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/usaid\/\">USAID<\/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=\"595743\" 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=\"595743\">\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\/08\/05\/ib-vogt-begins-commercial-operation-of-three-solar-plants-at-benban\/\">\r\n                            Ib Vogt begins commercial operation of three solar plants at Benban                        <\/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\/08\/05\/ib-vogt-begins-commercial-operation-of-three-solar-plants-at-benban\/\" 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\/08\/05\/ib-vogt-begins-commercial-operation-of-three-solar-plants-at-benban\/')\">\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\/08\/05\/ib-vogt-begins-commercial-operation-of-three-solar-plants-at-benban\/\">\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=Ib Vogt begins commercial operation of three solar plants at Benban&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/ib-vogt-begins-commercial-operation-of-three-solar-plants-at-benban\/\">\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\/08\/05\/ib-vogt-begins-commercial-operation-of-three-solar-plants-at-benban\/&title=Ib Vogt begins commercial operation of three solar plants at Benban\">\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=Ib+Vogt+begins+commercial+operation+of+three+solar+plants+at+Benban+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fib-vogt-begins-commercial-operation-of-three-solar-plants-at-benban%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\/08\/05\/ib-vogt-begins-commercial-operation-of-three-solar-plants-at-benban\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595743\" class=\"content-area-description single-story post-595743 post type-post status-publish format-standard hentry category-energy tag-development tag-energy tag-enterpriseam tag-infinity tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>German solar project development company<a href=\"https:\/\/www.ibvogt.com\/home\/about-us.html\">Ib Vogt<\/a> has begun commercial operation of three solar power plants with a combined capacity of 166.5 MW at the Benban solar complex near Aswan, the company <a href=\"https:\/\/www.ibvogt.com\/home\/vogt-news\/ib-vogt-completes-1665-mwp-pv-plants-for-benban-solar-complex.html\">announced in a statement<\/a>. The plants were awarded under the second round of the feed-in tariff (FiT) program, and will produce over 400k MWh of electricity each year. This is in addition to the company\u2019s 64.1 MW project it launched with Infinity Solar <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/14\/egypt-inaugurates-benbans-first-solar-plant\/\">in March 2018<\/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\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infinity\/\">Infinity<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595744\" 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=\"595744\">\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\/08\/05\/airports-company-gets-two-japanese-bids-to-build-new-terminal-in-borg-el-arab\/\">\r\n                            Airports company gets two Japanese bids to build new terminal in Borg El Arab                        <\/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\/08\/05\/airports-company-gets-two-japanese-bids-to-build-new-terminal-in-borg-el-arab\/\" 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\/08\/05\/airports-company-gets-two-japanese-bids-to-build-new-terminal-in-borg-el-arab\/')\">\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\/08\/05\/airports-company-gets-two-japanese-bids-to-build-new-terminal-in-borg-el-arab\/\">\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=Airports company gets two Japanese bids to build new terminal in Borg El Arab&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/airports-company-gets-two-japanese-bids-to-build-new-terminal-in-borg-el-arab\/\">\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\/08\/05\/airports-company-gets-two-japanese-bids-to-build-new-terminal-in-borg-el-arab\/&title=Airports company gets two Japanese bids to build new terminal in Borg El Arab\">\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=Airports+company+gets+two+Japanese+bids+to+build+new+terminal+in+Borg+El+Arab+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fairports-company-gets-two-japanese-bids-to-build-new-terminal-in-borg-el-arab%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\/08\/05\/airports-company-gets-two-japanese-bids-to-build-new-terminal-in-borg-el-arab\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595744\" class=\"content-area-description single-story post-595744 post type-post status-publish format-standard hentry category-infrastructure tag-aviation tag-enterpriseam tag-infrastructure tag-japan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Holding Company for Airports and Air Navigation (EHCAAN) received two bids from Japanese companies to build the planned new terminal at Borg El Arab Stadium near Alexandria, Chairman Ahmed Genena said, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=04082019&id=564b71ad-3686-4291-861c-20a389de723e\">according to Al Shorouk<\/a>. The winning bid will be chosen in a month. The new terminal will span 34k sqm and will raise the airport\u2019s capacity to about 6 mn passengers annually.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/japan\/\">Japan<\/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=\"595745\" 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=\"595745\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/egypts-domty-signs-agreement-with-americas-amf-for-egp-500-mn-bakery-line\/\">\r\n                            Egypt\u2019s Domty signs agreement with America\u2019s AMF for EGP 500 mn bakery line                        <\/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\/08\/05\/egypts-domty-signs-agreement-with-americas-amf-for-egp-500-mn-bakery-line\/\" 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\/08\/05\/egypts-domty-signs-agreement-with-americas-amf-for-egp-500-mn-bakery-line\/')\">\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\/08\/05\/egypts-domty-signs-agreement-with-americas-amf-for-egp-500-mn-bakery-line\/\">\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 Domty signs agreement with America\u2019s AMF for EGP 500 mn bakery line&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/egypts-domty-signs-agreement-with-americas-amf-for-egp-500-mn-bakery-line\/\">\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\/08\/05\/egypts-domty-signs-agreement-with-americas-amf-for-egp-500-mn-bakery-line\/&title=Egypt\u2019s Domty signs agreement with America\u2019s AMF for EGP 500 mn bakery line\">\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+Domty+signs+agreement+with+America%E2%80%99s+AMF+for+EGP+500+mn+bakery+line+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fegypts-domty-signs-agreement-with-americas-amf-for-egp-500-mn-bakery-line%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\/08\/05\/egypts-domty-signs-agreement-with-americas-amf-for-egp-500-mn-bakery-line\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595745\" class=\"content-area-description single-story post-595745 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-banking tag-basic-materials-commodities tag-domty tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Arabian Food Industries Company (Domty) signed an agreement last week with US bakery equipment manufacturer <a href=\"https:\/\/amfbakery.com\/\">AMF Bakery Systems<\/a> to purchase and install a third EGP 50 mn bakery line, <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/232819_2.pdf\">the cheesemaker said in a bourse disclosure (pdf)<\/a>. The new line, which is expected to come online in February 2020, will add a daily capacity of 270k units of Domty\u2019s \u201csandwiches.\u201d The company is planning to finance the expansion through a medium tenor USD-denominated loan covering the USD c.80% portion of the cost and in-house funds covering the EGP c.20% remaining portion, <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/232842_1.pdf\">Domty said in a separate release (pdf)<\/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\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/domty\/\">Domty<\/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=\"595746\" 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=\"595746\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/chg-shareholders-approve-establishing-jv-to-develop-nahda-hospital\/\">\r\n                            CHG shareholders approve establishing JV to develop Nahda hospital                        <\/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\/08\/05\/chg-shareholders-approve-establishing-jv-to-develop-nahda-hospital\/\" 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\/08\/05\/chg-shareholders-approve-establishing-jv-to-develop-nahda-hospital\/')\">\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\/08\/05\/chg-shareholders-approve-establishing-jv-to-develop-nahda-hospital\/\">\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=CHG shareholders approve establishing JV to develop Nahda hospital&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/chg-shareholders-approve-establishing-jv-to-develop-nahda-hospital\/\">\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\/08\/05\/chg-shareholders-approve-establishing-jv-to-develop-nahda-hospital\/&title=CHG shareholders approve establishing JV to develop Nahda hospital\">\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=CHG+shareholders+approve+establishing+JV+to+develop+Nahda+hospital+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fchg-shareholders-approve-establishing-jv-to-develop-nahda-hospital%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\/08\/05\/chg-shareholders-approve-establishing-jv-to-develop-nahda-hospital\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595746\" class=\"content-area-description single-story post-595746 post type-post status-publish format-standard hentry category-health-education tag-cleopatra-hospitals-group tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Cleopatra Hospitals Group\u2019s (CHG) shareholders approved <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/26\/cleopatra-hospitals-al-taaleem-to-set-up-jv-to-rebuild-al-nahda-hospital\/\">an agreement<\/a> with Al Taaleem Management Services to set up a joint venture that will rebuild, develop, operate, and manage Al Nahda Hospital, <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%d9%83%d9%84%d9%8a%d9%88%d8%a8%d8%a7%d8%aa%d8%b1%d8%a7%20%d8%ac%d9%85%d8%b9%d9%8a%d8%a9%2004-08-2019.pdf\">the company said in a bourse filing (pdf)<\/a>. The JV will be 90% owned by CHG, with the remaining 10% held by Al Taaleem, the owner and operator Nahda University in Beni Suef.<\/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\/cleopatra-hospitals-group\/\">Cleopatra Hospitals Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/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=\"595747\" 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=\"595747\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/tatweer-misr-says-north-coasts-fouka-bay-investments-worth-egp-4-bn\/\">\r\n                            Tatweer Misr says North Coast\u2019s Fouka Bay investments worth EGP 4 bn                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/tatweer-misr-says-north-coasts-fouka-bay-investments-worth-egp-4-bn\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/tatweer-misr-says-north-coasts-fouka-bay-investments-worth-egp-4-bn\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/tatweer-misr-says-north-coasts-fouka-bay-investments-worth-egp-4-bn\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Tatweer Misr says North Coast\u2019s Fouka Bay investments worth EGP 4 bn&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/tatweer-misr-says-north-coasts-fouka-bay-investments-worth-egp-4-bn\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/tatweer-misr-says-north-coasts-fouka-bay-investments-worth-egp-4-bn\/&title=Tatweer Misr says North Coast\u2019s Fouka Bay investments worth EGP 4 bn\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Tatweer+Misr+says+North+Coast%E2%80%99s+Fouka+Bay+investments+worth+EGP+4+bn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Ftatweer-misr-says-north-coasts-fouka-bay-investments-worth-egp-4-bn%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/tatweer-misr-says-north-coasts-fouka-bay-investments-worth-egp-4-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595747\" class=\"content-area-description single-story post-595747 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-north-coast tag-real-estate tag-real-estate-housing tag-tatweer-misr wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Tatweer Misr is investing an estimated EGP 4 bn in its Fouka Bay project on the North Coast, excluding land value and marketing expenses, <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKCN1UT0G2\">CEO Ahmed Shalaby told Reuters Arabic<\/a>. Shalaby did not disclose when the development would be complete. The company is considering investing outside Egypt in 2023, and is interested in Rwanda, Morocco, Saudi Arabia, Portugal, and Greece.<\/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\/north-coast\/\">north coast<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tatweer-misr\/\">Tatweer Misr<\/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=\"595748\" 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=\"595748\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/two-cairo-hotels-mentioned-in-travel-and-leisures-best-mena-hotels-list\/\">\r\n                            Two Cairo hotels mentioned in Travel and Leisure\u2019s best MENA hotels list                        <\/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\/08\/05\/two-cairo-hotels-mentioned-in-travel-and-leisures-best-mena-hotels-list\/\" 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\/08\/05\/two-cairo-hotels-mentioned-in-travel-and-leisures-best-mena-hotels-list\/')\">\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\/08\/05\/two-cairo-hotels-mentioned-in-travel-and-leisures-best-mena-hotels-list\/\">\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=Two Cairo hotels mentioned in Travel and Leisure\u2019s best MENA hotels list&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/two-cairo-hotels-mentioned-in-travel-and-leisures-best-mena-hotels-list\/\">\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\/08\/05\/two-cairo-hotels-mentioned-in-travel-and-leisures-best-mena-hotels-list\/&title=Two Cairo hotels mentioned in Travel and Leisure\u2019s best MENA hotels list\">\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=Two+Cairo+hotels+mentioned+in+Travel+and+Leisure%E2%80%99s+best+MENA+hotels+list+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Ftwo-cairo-hotels-mentioned-in-travel-and-leisures-best-mena-hotels-list%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\/08\/05\/two-cairo-hotels-mentioned-in-travel-and-leisures-best-mena-hotels-list\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595748\" class=\"content-area-description single-story post-595748 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-hospitality tag-north-africa tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Four Seasons Hotel Cairo and Cairo Marriott Hotel both made it onto <a href=\"https:\/\/www.travelandleisure.com\/worlds-best\/city-hotels-in-africa-middle-east\">Travel and Leisure\u2019s list<\/a> of \u201cThe 10 Best City Hotels in North Africa and the Middle East,\u201d coming in at #5 and #10 respectively. Royal Mansour in Marrakech came first and Jumerirah in the UAE came second.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hospitality\/\">hospitality<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/north-africa\/\">North Africa<\/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=\"595749\" 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=\"595749\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/six-egyptian-banks-begin-disbursing-egp-3-1-bn-loan-to-samcrete\/\">\r\n                            Six Egyptian banks begin disbursing EGP 3.1 bn loan to Samcrete                        <\/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\/08\/05\/six-egyptian-banks-begin-disbursing-egp-3-1-bn-loan-to-samcrete\/\" 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\/08\/05\/six-egyptian-banks-begin-disbursing-egp-3-1-bn-loan-to-samcrete\/')\">\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\/08\/05\/six-egyptian-banks-begin-disbursing-egp-3-1-bn-loan-to-samcrete\/\">\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=Six Egyptian banks begin disbursing EGP 3.1 bn loan to Samcrete&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/six-egyptian-banks-begin-disbursing-egp-3-1-bn-loan-to-samcrete\/\">\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\/08\/05\/six-egyptian-banks-begin-disbursing-egp-3-1-bn-loan-to-samcrete\/&title=Six Egyptian banks begin disbursing EGP 3.1 bn loan to Samcrete\">\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=Six+Egyptian+banks+begin+disbursing+EGP+3.1+bn+loan+to+Samcrete+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fsix-egyptian-banks-begin-disbursing-egp-3-1-bn-loan-to-samcrete%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\/08\/05\/six-egyptian-banks-begin-disbursing-egp-3-1-bn-loan-to-samcrete\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595749\" class=\"content-area-description single-story post-595749 post type-post status-publish format-standard hentry category-banking-finance tag-banking tag-banking-finance tag-construction tag-engineering tag-enterpriseam tag-new-administrative-capital tag-real-estate tag-samcrete wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Six local banks \u2014 the National Bank of Egypt, Banque Misr, Banque du Caire, SAIB Bank, Suez Canal Bank, and the Export Development Bank of Egypt \u2014 have begun disbursing a EGP 3.1 bn loan to Samcrete for its work in a residential district in the new administrative capital, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=04082019&id=64fd87ef-ddc2-4467-ba3f-f7918f50844b\">Al Shorouk 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\/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\/construction\/\">construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/engineering\/\">engineering<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-administrative-capital\/\">new administrative capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/samcrete\/\">Samcrete<\/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=\"595750\" 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=\"595750\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/beltone-financial-shareholders-approve-capital-increase-to-egp-898-4-mn\/\">\r\n                            Beltone Financial shareholders approve capital increase to EGP 898.4 mn                        <\/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\/08\/05\/beltone-financial-shareholders-approve-capital-increase-to-egp-898-4-mn\/\" 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\/08\/05\/beltone-financial-shareholders-approve-capital-increase-to-egp-898-4-mn\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n            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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/beltone-financial-shareholders-approve-capital-increase-to-egp-898-4-mn\/&title=Beltone Financial shareholders approve capital increase to EGP 898.4 mn\">\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=Beltone+Financial+shareholders+approve+capital+increase+to+EGP+898.4+mn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fbeltone-financial-shareholders-approve-capital-increase-to-egp-898-4-mn%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\/08\/05\/beltone-financial-shareholders-approve-capital-increase-to-egp-898-4-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595750\" class=\"content-area-description single-story post-595750 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-beltone-financial tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Beltone Financial shareholders have approved a capital increase to EGP 898.4 mn from EGP 338 mn, the company said in an <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%d8%a8%d9%84%d8%aa%d9%88%d9%86%20%d8%ac%d9%85%d8%b9%d9%8a%d8%a9%204-8-2019.pdf\">EGX disclosure (pdf).<\/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\/beltone-financial\/\">Beltone Financial<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595751\" 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=\"595751\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/court-freezes-assets-of-83-defendants-accused-of-plotting-to-bring-down-govt\/\">\r\n                            Court freezes assets of 83 defendants accused of plotting to bring down gov\u2019t                        <\/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\/08\/05\/court-freezes-assets-of-83-defendants-accused-of-plotting-to-bring-down-govt\/\" 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\/08\/05\/court-freezes-assets-of-83-defendants-accused-of-plotting-to-bring-down-govt\/')\">\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\/08\/05\/court-freezes-assets-of-83-defendants-accused-of-plotting-to-bring-down-govt\/\">\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=Court freezes assets of 83 defendants accused of plotting to bring down gov\u2019t&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/court-freezes-assets-of-83-defendants-accused-of-plotting-to-bring-down-govt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li 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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\/08\/05\/court-freezes-assets-of-83-defendants-accused-of-plotting-to-bring-down-govt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595751\" class=\"content-area-description single-story post-595751 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam tag-muslim-brotherhood tag-politics tag-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>A Cairo criminal court upheld on Sunday a ruling by the state security prosecution to freeze the assets of 83 defendants who are accused of conspiring with the Ikhwan to bring down the government on the anniversary of 30 June, <a href=\"https:\/\/www.mubasher.info\/news\/3513834\/%D9%85%D8%AD%D9%83%D9%85%D8%A9-%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D8%AA%D8%A4%D9%8A%D8%AF-%D9%85%D9%86%D8%B9-%D9%85%D8%AA%D9%87%D9%85%D9%8A-%D8%AE%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D8%A3%D9%85%D9%84-%D9%85%D9%86-%D8%A7%D9%84%D8%AA%D8%B5%D8%B1%D9%81-%D8%A8%D8%A3%D9%85%D9%88%D8%A7%D9%84%D9%87%D9%85\">MENA reported<\/a>. The court also banned them from travel and ordered the confiscation of the assets of 19 related companies. Multiples Group Chairman Omar El Shenety, former politician and revolutionary figure Zyad Elelaimy, journalists Hossam Monis and Hisham Fouad as well as former presidential candidate Ayman Nour are among those <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/26\/egyptian-police-arrest-eight-accused-of-masterminding-anti-govt-plot\/\">who were arrested in June<\/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\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/muslim-brotherhood\/\">Muslim Brotherhood<\/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\/security\/\">security<\/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=\"595752\" 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=\"595752\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/egypts-first-no-gluten-bakery-opens-in-zeitoun\/\">\r\n                            Egypt\u2019s first no-gluten bakery opens in Zeitoun                        <\/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\/08\/05\/egypts-first-no-gluten-bakery-opens-in-zeitoun\/\" 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\/08\/05\/egypts-first-no-gluten-bakery-opens-in-zeitoun\/')\">\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\/08\/05\/egypts-first-no-gluten-bakery-opens-in-zeitoun\/\">\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 first no-gluten bakery opens in Zeitoun&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/egypts-first-no-gluten-bakery-opens-in-zeitoun\/\">\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\/08\/05\/egypts-first-no-gluten-bakery-opens-in-zeitoun\/&title=Egypt\u2019s first no-gluten bakery opens in Zeitoun\">\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+first+no-gluten+bakery+opens+in+Zeitoun+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F05%2Fegypts-first-no-gluten-bakery-opens-in-zeitoun%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\/08\/05\/egypts-first-no-gluten-bakery-opens-in-zeitoun\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/602.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595753\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/egypts-first-no-gluten-bakery-opens-in-zeitoun\/602-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/602.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"602.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/602.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/602.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595752\" class=\"content-area-description single-story post-595752 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>Egypt\u2019s first no-gluten bakery has opened in Zeitoun<\/b>, with founder Hamdy Mohamed Hussein saying that he decided to sell no-gluten products when he saw people suffering from coeliac disease and the lack of awareness about gluten intolerance, <a href=\"https:\/\/www.africanews.com\/2019\/08\/02\/egypt-get-first-gluten-free-bakery\/\">Africa News reports<\/a>. Hussein hopes that his bakery, \u201cChef Hamdy,\u201d will help to raise awareness of the condition and offer choices to people looking for no-gluten products.<\/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=\"595756\" 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=\"595756\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/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\/08\/05\/the-market-yesterday-304\/\">\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\/08\/05\/the-market-yesterday-304\/\" 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\/08\/05\/the-market-yesterday-304\/')\">\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\/08\/05\/the-market-yesterday-304\/\">\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\/08\/05\/the-market-yesterday-304\/\">\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\/08\/05\/the-market-yesterday-304\/&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%2F08%2F05%2Fthe-market-yesterday-304%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\/08\/05\/the-market-yesterday-304\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595756\" class=\"content-area-description single-story post-595756 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 16.49 | Sell 16.59<b><\/p>\n<p> EGP \/ USD at CIB:<\/b> Buy 16.48 | Sell 16.58<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 16.51 | Sell 16.61<\/p>\n<p><b>EGX30<\/b> (Sunday): 13,616 (+0.7%)<\/p>\n<p> <b>Turnover:<\/b> EGP 445 mn (23% below the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +4.5%<\/p>\n<p><b>THE MARKET ON SUNDAY:<\/b> The EGX30 ended Sunday\u2019s session up 0.7%. CIB, the index heaviest constituent ended up 1.3%. EGX30\u2019s top performing constituents were Egyptian Resorts up 5.8%, Orascom Development up 5.5%, and Abu Dhabi Islamic Bank 4.3%. Yesterday\u2019s worst performing stocks were Qalaa Holdings down 8%, Ibnsina Pharma down 2.0% and CIRA down 2.0%. The market turnover was EGP 445 mn, and foreign investors were the sole net buyers.<\/p>\n<p><b>Foreigners<\/b>: Net long | EGP +43.9 mn<\/p>\n<p> <b>Regional<\/b>: Net short | EGP -15.2 mn<\/p>\n<p> <b>Domestic<\/b>: Net short | EGP -28.7 mn<\/p>\n<p><b>Retail<\/b>: 62.4% of total trades | 57.7% of buyers | 67.0% of sellers<\/p>\n<p> <b>Institutions<\/b>: 37.6% of total trades | 42.3% of buyers | 33.0% of sellers<\/p>\n<p><b>WTI:<\/b> USD 55.41 (-0.45%)<\/p>\n<p> <b>Brent:<\/b> USD 61.38 (-0.82%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.09 MMBtu, (-1.46%, September 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,455.70 \/ troy ounce (-0.12%)<\/p>\n<p><b>TASI:<\/b> 8,557.09 (-1.26%) (YTD: +9.33%)<\/p>\n<p> <b>ADX:<\/b> 5,179.93 (-0.96%) (YTD: +5.39%)<\/p>\n<p> <b>DFM:<\/b> 2,857.91 (-1.46%) (YTD: +12.97%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,726.45 (-0.4%)<\/p>\n<p> <b>QE:<\/b> 10,356.07 (-0.40%) (YTD: +0.55%)<\/p>\n<p> <b>MSM:<\/b> 3,780.31 (+0.09%) (YTD: -12.57%)<\/p>\n<p> <b>BB: <\/b>1,548.66 (-0.06%) (YTD: +15.81%)<\/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=\"595757\" 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\/08\/05\/595757\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595757\" class=\"content-area-description single-story post-595757 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>August: Meetings of the Egyptian-Belarussian Committee for trade, economic, scientific and technical cooperation, Minsk.<\/p>\n<p>August: The National Railway Authority is <a href=\"https:\/\/almalnews.com\/%D8%A7%D9%84%D8%B3%D9%83%D8%A9-%D8%A7%D9%84%D8%AD%D8%AF%D9%8A%D8%AF-%D8%AA%D9%88%D9%82%D8%B9-%D8%A7%D9%84%D8%B9%D9%82%D9%88%D8%AF-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84%D9%8A%D8%A9-%D9%84%D8%B4\/\">expected to sign<\/a> a 15-year maintenance agreement for 1,300 railcars it had agreed to purchase from Russia\u2019s Transmashholding under a EGP 22 bn contract.<\/p>\n<p>5 August (Monday): Egypt\u2019s Emirates NBD PMI for July released.<\/p>\n<p>7-11 August (Wednesday-Sunday): Eid El Adha (TBC).<\/p>\n<p>17 August (Saturday): The High Administrative Court will <a href=\"https:\/\/www.alborsaanews.com\/2019\/08\/04\/1232219\">hear appeals<\/a> filed by the State Lawsuits Authority and a number of iron and steel companies to bring back the Trade Ministry decision to impose 15% import duty on iron billets. The hearing <a href=\"https:\/\/www.alborsaanews.com\/2019\/07\/17\/1226066\">was postponed<\/a> from 4 August.<\/p>\n<p>22 August (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>25-27 August (Sunday-Tuesday): <a href=\"https:\/\/www.elysee.fr\/en\/g7\">G7 Summit<\/a>, Biarritz, France.<\/p>\n<p>28-30 August (Wednesday-Friday): <a href=\"https:\/\/ticad7.city.yokohama.lg.jp\/about\/en\/\">Tokyo International Conference on African Development<\/a> (TICAD), Yokohama, Japan.<\/p>\n<p>29 August (Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>September: Cairo will host an Egypt-Hungary business forum, according to a <a href=\"https:\/\/ent.news\/2019\/6\/390.pdf\">Trade Ministry statement (pdf)<\/a><\/p>\n<p>2-4 September (Monday-Wednesday): <a href=\"https:\/\/www.thebig5constructegypt.com\/\">The Big 5 Construct Egypt<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>3-4 September (Tuesday-Wednesday): <a href=\"https:\/\/www.ssonetwork.com\/events-sharedservicesegypt\">Shared Services and Outsourcing Forum Middle East<\/a>, Nile Ritz Carlton, Cairo.<\/p>\n<p>8-11 September (Sunday-Wednesday): <a href=\"https:\/\/www.saharaexpo.com\/en\/home.html\">Sahara Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-12 September (Monday-Thursday): The<a href=\"https:\/\/9londonconference.efghermes.com\/pages\/home.aspx\">9th Annual EFG Hermes London Conference<\/a>, Arsenal Emirates Stadium, London.<\/p>\n<p>9-10 September (Monday-Tuesday): <a href=\"https:\/\/www.euromoneyconferences.com\/event\/a011t00000FMpvZAAT\/the-euromoney-egypt-conference-2019#agenda\">The Euromoney Egypt Conference 2019<\/a>, Cairo.<\/p>\n<p>15 September (Sunday): Elections to the board of the Financial Regulatory Authority\u2019s Capital Markets Federation will be held, <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%86%d8%aa%d8%ae%d8%a7%d8%a8-%d8%a3%d9%88%d9%84-%d9%85%d8%ac%d9%84%d8%b3-%d8%a5%d8%af%d8%a7%d8%b1%d8%a9-%d9%84%d8%a7%d8%aa%d8%ad%d8%a7%d8%af-%d8%b3%d9%88%d9%82-%d8%a7%d9%84%d9%85%d8%a7%d9%84-1\/\">according to Al Mal<\/a>.<\/p>\n<p>17-18 September (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>18 September (Wednesday): <a href=\"https:\/\/ecommsummit.co\/\">E-Commerce Summit 2019<\/a>, Nile Ritz Carlton, Cairo.<\/p>\n<p>21 September (Saturday): Cairo\u2019s streets get really, really crowded as students at the nation\u2019s public schools go back to class.<\/p>\n<p>22 September (Sunday): The Justice Ministry\u2019s dispute resolution committee will <a href=\"https:\/\/almalnews.com\/%d9%81%d8%b6-%d9%85%d9%86%d8%a7%d8%b2%d8%b9%d8%a7%d8%aa-%d8%aa%d8%a4%d8%ac%d9%84-%d9%86%d8%b8%d8%b1-%d9%86%d8%b2%d8%a7%d8%b9-%d8%b1%d8%a7%d9%8a%d8%a9-%d8%a7%d9%84%d8%b1%d9%82%d8%a7\/\">look into a case<\/a> filed by Raya Holding\u2019s Chairman Medhat Khalil against the Financial Regulatory Authority (FRA).<\/p>\n<p>26 September (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>October: <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1405897\">A forum<\/a> will be organized by Russia\u2019s Rosatom and the Nuclear Power Plants Authority to introduce local suppliers and contractors to the Dabaa nuclear plant.<\/p>\n<p>6 October (Sunday): Armed Forces Day, national holiday.<\/p>\n<p>10-13 October (Tuesday-Sunday): <a href=\"http:\/\/biwarabia.com\/en\/\">Big Industrial Week Arabia 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23-24 October (Wednesday-Thursday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2019\/\">Intelligent Cities Exhibition & Conference<\/a>, Hilton Heliopolis, Cairo.<\/p>\n<p>23 October-1 November (Wednesday-Friday): CIB PSA Women\u2019s World Championship, Great Pyramid of Giza, Cairo.<\/p>\n<p>24 October (Thursday): <a href=\"http:\/\/en.kremlin.ru\/events\/president\/news\/60592\">Russia-Africa Summit<\/a> to take place in Sochi, co-chaired by Vladimir Putin and President Abdel Fattah El Sisi.<\/p>\n<p>28 October-22 November (Monday-Friday): <a href=\"https:\/\/www.itu.int\/en\/ITU-R\/conferences\/wrc\/2019\/Pages\/default.aspx\">World Radiocommunication Conference 2019<\/a>, Sharm El Sheikh, Egypt.<\/p>\n<p>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>31 October-2 November (Thursday-Saturday): Angel Oasis 2019, organized by the <a href=\"http:\/\/www.mainmena.com\/\">Middle East Angel Investment Network (MAIN)<\/a>, El Gouna, Egypt.<\/p>\n<p>3-5 November (Sunday-Tuesday): <a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html\">Electrix 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>7-9 November (Thursday-Saturday): <a href=\"https:\/\/www.facebook.com\/vestedsummit\/\">Vested Summit<\/a>, Sahl Hasheesh, Red Sea.<\/p>\n<p>9 November (Saturday): Prophet Mohammed's birthday, national holiday.<\/p>\n<p>10-14 November (Sunday-Thursday): <a href=\"https:\/\/geomeast.org\/\">GeoMEast International Congress and Exhibition<\/a>, Marriott, Cairo.<\/p>\n<p>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>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>3-6 December (Tuesday-Friday): <a href=\"http:\/\/www.cairowoodshow.com\/\">Cairo WoodShow<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.pacprocess-mea.com\/\">Pacprocess Middle East Africa<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa 2019 Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>10-11 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>January 2020: 2019 Confederation of African Football (CAF) Awards, Albatros Citadel Resort, <a href=\"https:\/\/alborsaanews.com\/2019\/07\/18\/1226515\">Hurghada, Egypt<\/a>.<\/p>\n<p>January 2020: <a href=\"https:\/\/punchng.com\/uk-africa-investment-summit-holds-in-jan-2020-foreign-secretary\/\">UK-Africa Investment summit<\/a>, London, United Kingdom.<\/p>\n<p>9-12 January 2020 (Tuesday-Sunday): <a href=\"http:\/\/www.plastex-online.com\/\">PLASTEX<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25 January 2020 (Saturday): 25 January revolution anniversary \/ Police Day, national holiday.<\/p>\n<p>25 January 2020 (Saturday): Midterm break for public schools and universities. Also known as: Two weeks of good commute.<\/p>\n<p>8 February 2020 (Saturday): Midterm break ends. Traffic in Cairo stinks once more.<\/p>\n<p>11-13 February 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25-26 March 2020 (Wednesday-Thursday): <a href=\"http:\/\/www.megaprojectsconf.com\/\">Mega Projects Conference<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>5-7 May 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.afsic.net\/\">AFSIC - Investing in Africa<\/a>, London, United Kingdom.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":595716,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-595715","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"bff58648-a242-41aa-9bb1-4c33fbb70c78","teaser":"","photo_url":"https:\/\/ent.news\/2017\/11\/140.png"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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