{"id":595767,"date":"2019-08-06T04:00:48","date_gmt":"2019-08-06T04:00:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=595767"},"modified":"2025-12-16T18:56:07","modified_gmt":"2025-12-16T18:56:07","slug":"interior-ministry-pronounces-cairo-car-explosion-a-terror-incident-plus-non-oil-business-activity-expands-in-july","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/interior-ministry-pronounces-cairo-car-explosion-a-terror-incident-plus-non-oil-business-activity-expands-in-july\/","title":{"rendered":"Interior Ministry pronounces Cairo car explosion a terror incident. Plus: Non-oil business activity expands in July."},"content":{"rendered":"<section id=\"595769\" 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=\"595769\">\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\/06\/what-were-tracking-on-6-august-2019\/\">\r\n                            What we\u2019re tracking on 6 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\/06\/what-were-tracking-on-6-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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The IMF\u2019s Executive Board <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/25\/egypt-will-be-getting-the-final-tranche-of-the-usd-12-bn-imf-facility-soon\/\">agreed to disburse<\/a> the tranche in July after a staff-level agreement was reached <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/19\/egypt-imf-reach-staff-level-agreement-to-unlock-final-tranche-of-usd-12-bn-facility\/\">in May<\/a>.<\/p><p><b>We\u2019re still not totally sure what kind of post-program arrangement the government is pursuing with the IMF:<\/b> Maait <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/26\/egypt-hopes-to-reach-a-non-loan-program-agreement-with-imf-before-october\/\">mentioned in June<\/a> that the ministry is in talks with the fund over a possible two-year, non-loan program, but other than that we remain none the wiser about how the government intends to continue with economic reform.<\/p><p><b>The CBE and Capmas are due to release July\u2019s inflation figures sometime this week.<\/b> Inflation <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\/\">unexpectedly plummeted<\/a> almost five percentage points to 9.4% in June \u2014 the first time Egypt has seen single digit inflation since March 2016.<\/p><p><b>CI Capital sees inflation dipping below 10%:<\/b> An \u201cunprecedented oversupply\u201d of several products in the market, particularly fruits and vegetables, should keep July\u2019s inflation in check, CI Capital wrote in a research note yesterday. The most recent fuel price hike, \u201cwhich came in at 24% this year vs. 50% in 2018,\u201d coupled with the continued appreciation of the EGP and other factors, \u201ccontinue to give us high conviction of our forecast that headline inflation should come below the 10% mark for July which we expect to be released in the coming days.\u201d<\/p><p><b>Lower inflation could give the CBE room for two rate cuts:<\/b> The investment bank sees the CBE\u2019s Monetary Policy Committee cutting interest rates by 100 bps at each of its next two meetings, which it says are \u201cthe two safe windows\u201d for the CBE to begin its monetary easing \u201cand assess the impact of the cuts on the economy.\u201d<\/p><p><b>Also coming up this week:<\/b> The CBE is due to release Egypt\u2019s net foreign reserve figures for July.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/579.jpg?ssl=1\"><\/p><p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a><b> China devalues the yuan, fires opening shot in currency war:<\/b> China launched a sharp devaluation of its currency yesterday after the central bank allowed it to trade below 7 against the USD for the first time in 11 years, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-05\/china-s-offshore-yuan-tumbles-past-7-per-dollar-to-record-low\">Bloomberg reports<\/a>. The offshore CNH fell 1.9% to hit a record 7.08\/USD, while the onshore CNY sank 1.3% to reach 7.03\/USD \u2014 lows not seen since the 2008 financial crisis.<\/p><p><b>China insists it\u2019s playing fair: <\/b>The drop came after the People\u2019s Bank of China (PBOC) cut its daily reference rate below 6.9 for the first time in eight months. Bank governor Yi Gang insisted that it had not strategically devalued the currency. \u201cThis fluctuation is driven and determined by the market,\u201d <a href=\"https:\/\/www.cnbc.com\/2019\/08\/05\/chinas-central-bank-denies-its-devaluing-countrys-currency-to-counter-tariffs.html\">CNBC quoted him as saying<\/a>.<\/p><p><b>Analysts aren\u2019t buying it:<\/b> \u201cOn a scale of 1-10, it\u2019s an 11,\u201d Cowen analyst <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-05\/china-retaliation-is-11-on-scale-of-1-to-10-wall-street-warns\">Chris Krueger said<\/a> of China\u2019s \u201cmassive\u201d retaliatory measures. Meanwhile, Hong Kong-based analyst Andrew Collier framed the devaluation in militaristic terms. \u201cIf the currency does stay below 7 for another day, that is a sign that Beijing has \u2018weaponized\u2019 the RMB as a tool to improve exports during the trade war,\u201d he told the <a href=\"https:\/\/www.nytimes.com\/2019\/08\/04\/business\/china-yuan-renminbi-7.html\">New York Times<\/a>.<\/p><p><b>A one-two punch:<\/b> <a href=\"http:\/\/www.xinhuanet.com\/english\/2019-08\/06\/c_138286052.htm\">Chinese media reported<\/a> yesterday that domestic companies had halted purchases of US farm products. Beijing is also considering introducing further tariffs on US agricultural imports.<\/p><p><b>All eyes on Trump\u2019s Twitter feed:<\/b> The question of whether this situation escalates into a full-blown currency war all depends on Trump\u2019s reaction. And reading into a bullish <a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/1158407058519207936\">late-afternoon Tweetstorm<\/a> yesterday, a USD intervention may well be an option on the table. \u201cChina has always used currency manipulation to steal our businesses and factories, hurt our jobs, depress our workers\u2019 wages and harm our farmers\u2019 prices. Not anymore!\u201d he wrote.<\/p><p class=\"web-image\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-04\/asia-stocks-set-to-drop-with-trade-back-in-focus-markets-wrap\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/1410.jpg?ssl=1\"><\/a><\/p><p><b>It\u2019s a sea of red in the global markets:<\/b> Markets once again suffered heavy losses yesterday after the RMB devaluation increased fears of a rapidly escalating trade conflict. US equities lost more than USD 700 bn, as the S&amp;P 500 suffered its worst day of trading in 2019. Investors piled into safe haven assets, causing the yield on US 10-year Treasuries to fall 13 bps to 1.714% and 10-year German bund yields to plumb new depths of -0.52%. Asian indices were all heavily in the red early this morning. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-04\/asia-stocks-set-to-drop-with-trade-back-in-focus-markets-wrap\">Bloomberg<\/a> | <a href=\"https:\/\/www.apnews.com\/ba7d32105b6c4b0a932f6e44f3c54e48\">AP<\/a>)<\/p><p><b>The Wall Street Journal is probably regretting publishing <\/b><a href=\"https:\/\/www.wsj.com\/articles\/as-emerging-markets-recover-heres-what-investors-need-to-know-11564971000\"><b>this<\/b><\/a><b>:<\/b> Emerging markets saw the biggest daily losses of 2019 on Friday as investors fled fixed-income assets and equities in the face of rising trade tensions. Data from the Institute of International Finance <a href=\"https:\/\/www.reuters.com\/article\/us-emerging-markets-flows\/emerging-debt-stocks-suffer-biggest-daily-outflows-of-2019-on-friday-iif-idUSKCN1UV1SI\">seen by Reuters<\/a> shows that USD 2.33 bn was pulled from EM assets as investors reacted to <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/04\/what-were-tracking-on-4-august-2019\/\">Trump\u2019s China tariff announcement<\/a>.<\/p><p><b>And Citi is telling people to get out of EMs:<\/b> Citi\u2019s head of CEEMEA strategy, Luis Costa, is recommending that investors short high-yielding EM assets in response to the RMB devaluation, <a href=\"https:\/\/in.reuters.com\/article\/emerging-currencies-citi\/citi-time-to-de-risk-in-emerging-markets-after-pboc-allows-yuan-to-slip-idINKCN1UV0T6\">Reuters says<\/a>.<\/p><hr class=\"grey-line\"><p><b>Abu Dhabi Financial Group and Dubai-listed Shuaa Capital have finalized their merger<\/b> after receiving the necessary regulatory approvals, according to <a href=\"https:\/\/ent.news\/2019\/8\/961.pdf\">a joint statement (pdf)<\/a>. The merger created an entity with some USD 12.8 bn in combined assets under management, and saw the \u201cadmission of 1.47 bn new shares on the Dubai Financial Market in favour of ADFG\u2019s parent company and strategic investor in Shuaa, Abu Dhabi Capital Management LLC.\u201d<\/p><p><b>HSBC ousts CEO, announces 4,000 job cuts:<\/b> HSBC\u2019s board has fired CEO John Flint after just 18 months in the job over concerns that cost-cutting strategies were not being implemented quickly enough. The board is keen to reduce its salary costs in response to the slowing global economy, but reportedly became frustrated with the lack of action during Flint\u2019s tenure. The bank immediately announced plans to cut more than 4,000 jobs \u2014 including many senior positions \u2014 following his dismissal. <a href=\"https:\/\/www.ft.com\/content\/08621722-b70a-11e9-8a88-aa6628ac896c\">The FT<\/a> and <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-05\/hsbc-to-cut-thousands-of-jobs-to-control-cost-after-flint-s-exit\">Bloomberg<\/a> have more.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2001.jpg?ssl=1\"><\/p><p><b>Strikes, protests paralyse Hong Kong:<\/b> Protesters brought much of Hong Kong to a standstill yesterday after calls for a general strike led to the cancellation of more than 200 flights and the suspension of train services. Riot police fought pitched battles with demonstrators, who blocked roads and attempted to set a police station on fire. Embattled Hong Kong leader Carrie Lam said that the territory was \u201con the verge of a very dangerous situation.\u201d Protests have been ongoing since 9 June after the government proposed legislation that would have enabled citizens to be extradited to China to face trial. <a href=\"https:\/\/www.bbc.com\/news\/world-asia-china-49231143\">The BBC has more<\/a>.<\/p><p><b>The US is reeling from the two mass shootings in El Paso and Ohio<\/b>, which were the 21st and 22nd such shootings this year. The shootings killed a total of 29 and injured about 50 people, the <a href=\"https:\/\/apnews.com\/87201746ae8e490981080d5fd3bf378e\">AP reports<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/global-economy\/\">global economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-cancer-institute\/\">National Cancer Institute<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us-china-trade-war\/\">US-China trade war<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"595771\">\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\/06\/cairo-terrorist-attack-dominates-talk-shows\/\">\r\n                            Cairo terrorist attack dominates talk shows                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/cairo-terrorist-attack-dominates-talk-shows\/&title=Cairo terrorist attack dominates talk shows\">\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+terrorist+attack+dominates+talk+shows+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F06%2Fcairo-terrorist-attack-dominates-talk-shows%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\/06\/cairo-terrorist-attack-dominates-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595771\" class=\"content-area-description single-story post-595771 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-diplomacy tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-security tag-terrorism tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Sunday\u2019s deadly terrorist attack in Cairo, <\/b>which claimed the life of at least 20 people and injured almost 50 others, dominated talk shows last night. We have chapter and verse in this morning\u2019s Speed Round, below.<\/p>\n<p><b>A donation campaign<\/b> launched by El Hekaya channel to contribute to the restoration of the National Cancer Institute, which was heavily damaged by the attack, has so far collected EGP 72 mn (<a href=\"https:\/\/www.youtube.com\/watch?v=23PuFlLoxfc\">watch, runtime: 02:07<\/a>). Amr Adib said <b>UAE\u2019s Mohammed bin Zayed alone donated a staggering EGP 50 mn<\/b> to the campaign (<a href=\"https:\/\/www.youtube.com\/watch?v=4UOxkj9tXp0\">watch, runtime: 05:20<\/a>).<\/p>\n<p><b>President Abdel Fattah El Sisi received Sultan of Brunei Hassanal Bolkiah<\/b> in Cairo yesterday for talks on strengthening economic, cultural and tourism ties (<a href=\"https:\/\/www.youtube.com\/watch?v=mJUDu2UbYfY&feature=youtu.be\">watch, runtime: 05:24<\/a>).<\/p>\n<p><b>The official signing of an agreement between a Bombardier-led consortium and Egypt <\/b>for two USD 4.5 bn-worth monorails also earned some airtime with Al Hayah\u2019s Khaled Abu Bakr (<a href=\"https:\/\/www.youtube.com\/watch?v=ry0WzmahynU&feature=youtu.be\">watch, runtime: 01:51<\/a>). We have the deets on this agreement in our Speed Round, below.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/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\/security\/\">security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/terrorism\/\">terrorism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/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=\"595772\" 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=\"595772\">\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\/06\/cairo-explosion-caused-by-terrorist-car-bomb-interior-ministry\/\">\r\n                            Cairo explosion caused by terrorist car bomb -Interior Ministry                        <\/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\/06\/cairo-explosion-caused-by-terrorist-car-bomb-interior-ministry\/\" 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\/06\/cairo-explosion-caused-by-terrorist-car-bomb-interior-ministry\/')\">\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\/06\/cairo-explosion-caused-by-terrorist-car-bomb-interior-ministry\/\">\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 caused by terrorist car bomb -Interior Ministry&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/cairo-explosion-caused-by-terrorist-car-bomb-interior-ministry\/\">\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\/06\/cairo-explosion-caused-by-terrorist-car-bomb-interior-ministry\/&title=Cairo explosion caused by terrorist car bomb -Interior Ministry\">\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+caused+by+terrorist+car+bomb+-Interior+Ministry+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F06%2Fcairo-explosion-caused-by-terrorist-car-bomb-interior-ministry%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\/06\/cairo-explosion-caused-by-terrorist-car-bomb-interior-ministry\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595772\" class=\"content-area-description single-story post-595772 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-national-security tag-politics tag-security tag-speed-round tag-terrorism 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> Cairo explosion caused by terrorist car bomb -Interior Ministry:<\/b> Sunday\u2019s deadly explosion outside the National Cancer Institute in Downtown Cairo has been designated a terrorist-related event <a href=\"https:\/\/www.facebook.com\/MoiEgy\/photos\/a.181676241876047\/2415205288523120\/?type=3&theater\">by the Interior Ministry<\/a>. The incident occurred after a car full of explosives collided with three vehicles outside the hospital, the ministry said. The Health Ministry originally treated the event as an accident before investigators found evidence of explosives in the wreckage. No group has yet claimed responsibility for the explosion.<\/p>\n<p><b>Death toll rises:<\/b> Twenty people have now been pronounced dead and 47 are injured, making the incident the deadliest terrorist-related event in Cairo in more than two years.<\/p>\n<p><b>Fingers are pointing at Hasm:<\/b> The Interior Ministry accused Islamic militant group Hasm of transporting the explosives in a stolen car for use in a planned terrorist attack. The statement did not say what the group was intending to target. Hasm has been behind a number of attacks and assassination attempts in Cairo since it formed in 2016. The group denied the allegations.<\/p>\n<p><b>El Sisi sends condolences, condemns \u201cbrutal terrorism\u201d:<\/b> \u201cI extend my deepest condolences to the Egyptian people and the families of the martyrs killed in the cowardly terrorist incident in the vicinity of the Qasr El Aini area,\u201d President Abdel Fattah El Sisi <a href=\"https:\/\/twitter.com\/AlsisiOfficial\/status\/1158370513527410688\">wrote on Twitter<\/a> on Monday morning. \u201cI assure you that the Egyptian state is determined to confront the brutal terrorism and eradicate it from its roots.\u201d<\/p>\n<p><b>Health Ministry to repair the hospital:<\/b> The Health Ministry <a href=\"https:\/\/www.facebook.com\/Official.Ministry.of.Health.Egy\/posts\/928933450777158?__xts__%5b0%5d=68.ARD_bII_NcaRuKqAUc2PgtlEFZz0Wmp8MtcTp10BJrgdpWkSbRN76_BMzZfSEekDXs0CnVhWZrsCCFazaI-a0kpUGJg0RVUiI4C9Dd3z6EINppO3T8OvM4zs6q0M2pTotRfx8j2N_GVhdy6vdZwfUfiMvicxMxA-pA-Sr8pEDjqU8gTykRrmKH6OmqSC-8zro3l08mh0_xgzF6VgnBbBs9uAsgX3veZRbJANRxkJHgOTom7iTVUB2lvnDT7YTdcVEC0PBrUng8xA8gEH9RO-ntugO8DUvI-zgM2J-hBkqKJLb-q1_I67tC3DTRmIEf2ZC8delbNu2Vvc0nYVrQSwEtA&__tn__=-R\">said in a statement<\/a> that it will cover the costs of restoring the hospital. The building was heavily damaged by the explosion, and 78 patients have been transferred to other hospitals for treatment, <a href=\"https:\/\/www.facebook.com\/Official.Ministry.of.Health.Egy\/posts\/928933450777158?__xts__%5b0%5d=68.ARD_bII_NcaRuKqAUc2PgtlEFZz0Wmp8MtcTp10BJrgdpWkSbRN76_BMzZfSEekDXs0CnVhWZrsCCFazaI-a0kpUGJg0RVUiI4C9Dd3z6EINppO3T8OvM4zs6q0M2pTotRfx8j2N_GVhdy6vdZwfUfiMvicxMxA-pA-Sr8pEDjqU8gTykRrmKH6OmqSC-8zro3l08mh0_xgzF6VgnBbBs9uAsgX3veZRbJANRxkJHgOTom7iTVUB2lvnDT7YTdcVEC0PBrUng8xA8gEH9RO-ntugO8DUvI-zgM2J-hBkqKJLb-q1_I67tC3DTRmIEf2ZC8delbNu2Vvc0nYVrQSwEtA&__tn__=-R\">the BBC reported<\/a> ministry spokesman Khaled Megahed as saying. UAE Crown Prince Mohamed bin Zayed has donated EGP 50 mn towards repairing the building as part of a campaign organized by TV host Amr Adib that has so far collected EGP 72 mn in donations (<a href=\"https:\/\/www.youtube.com\/watch?v=23PuFlLoxfc\">watch, runtime: 5:20<\/a>).<\/p>\n<p><b>Gov\u2019t compensation: <\/b>The Social Solidarity Ministry is disbursing EGP 100k in compensation to the families of victims and the same amount to fully paralysed individuals and EGP 50k to whoever requires costly medical care, it said <a href=\"https:\/\/www.facebook.com\/MoSS.Egypt\/photos\/a.1003160166460351\/2175655359210820\/?type=3&theater\">in a statement<\/a>. The ministry will also disburse EGP 5k to wounded individuals who\u2019ve had to stay at the hospital for 72 hours.<\/p>\n<p><b>International response:<\/b> The US embassy condemned the \u201ctragic terrorist killing\u201d and extended condolences to the victims <a href=\"https:\/\/eg.usembassy.gov\/the-u-s-embassy-condemns-the-attack-today-in-cairo\/\">in a statement<\/a>, while an EU spokesman said that the bloc \u201cstands side-by-side with Egypt in its efforts to defeat terrorism.\u201d Regionally, <a href=\"https:\/\/rhc.jo\/en\/media\/news\/king-expresses-condolences-egyptian-president-over-cairo-terrorist-attack\">Jordan\u2019s King Abdullah<\/a> and the <a href=\"https:\/\/aawsat.com\/english\/home\/article\/1844896\/saudi-arabia-condemns-cairo-terrorist-attack\">Saudi Foreign Ministry<\/a> have expressed solidarity with Egypt.<\/p>\n<p><b>The story is featuring heavily in the foreign press this morning:<\/b> <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-security-blast\/twenty-dead-as-car-explodes-outside-cairo-hospital-idUSKCN1UV00G\">Reuters<\/a> | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-05\/egypt-says-cairo-blast-was-caused-by-explosives-laden-vehicle\">Bloomberg<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/explosion-in-egypts-capital-kills-at-least-19-people-11564998602?shareToken=st45898584f158482abea062a80f1b0aa3\">WSJ<\/a> | <a href=\"https:\/\/www.apnews.com\/2e69f9d17d0d43e5a31be12a030e7da2\">AP<\/a> | <a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-49233845\">BBC<\/a> | <a href=\"https:\/\/www.nytimes.com\/2019\/08\/05\/world\/middleeast\/egypt-car-explosion-terrorism.html?searchResultPosition=1\">NYT<\/a> | <a href=\"https:\/\/www.voanews.com\/middle-east\/egyptian-president-car-crash-explosion-terrorist-incident\">VOA<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/terrorism\/\">terrorism<\/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=\"595789\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595790\" 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=\"595790\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/mapping-the-world-through-machine-learning\/\">\r\n                            Mapping the world through machine learning                        <\/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\/06\/mapping-the-world-through-machine-learning\/\" 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\/06\/mapping-the-world-through-machine-learning\/')\">\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\/06\/mapping-the-world-through-machine-learning\/\">\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=Mapping the world through machine learning&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/mapping-the-world-through-machine-learning\/\">\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\/06\/mapping-the-world-through-machine-learning\/&title=Mapping the world through machine learning\">\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=Mapping+the+world+through+machine+learning+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F06%2Fmapping-the-world-through-machine-learning%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\/06\/mapping-the-world-through-machine-learning\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2782.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595791\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/mapping-the-world-through-machine-learning\/2782-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2782.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2782.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2782.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2782.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595790\" class=\"content-area-description single-story post-595790 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-facebook tag-image-of-the-day tag-machine-learning wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Mapping the world through machine learning: <\/b>Facebook researchers are using machine learning models on high-resolution satellite imagery to produce detailed maps showing human settlement around the world, including this image of North Egypt, <a href=\"https:\/\/www.visualcapitalist.com\/facebook-machine-learning-world-population-map\/\">courtesy of Visual Capitalist<\/a>. With 95% of our population living along the banks of the Nile, Egypt is a highly illustrative example of the power, detail and beauty of this kind of sophisticated mapping, which has been made possible with machine learning. If you look at <a href=\"https:\/\/www.visualcapitalist.com\/wp-content\/uploads\/2019\/07\/facebook-machine-learning-population-map.html\">the full-resolution version of the map<\/a>, you will see that even individual buildings are visible, with human settlement depicted on a granular scale. The maps, believed to have an accuracy rate of 99.6%, don\u2019t simply provide interesting data; they could also be used to improve living conditions \u2014 particularly in developing and rural areas.<\/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\/facebook\/\">Facebook<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/machine-learning\/\">machine learning<\/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=\"595792\" 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=\"595792\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/egypt-in-the-news-on-6-august-2019\/\">\r\n                            Egypt in the news on 6 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\/06\/egypt-in-the-news-on-6-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\/06\/egypt-in-the-news-on-6-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\/06\/egypt-in-the-news-on-6-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 6 August 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/egypt-in-the-news-on-6-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\/06\/egypt-in-the-news-on-6-august-2019\/&title=Egypt in the news on 6 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+6+August+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F06%2Fegypt-in-the-news-on-6-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\/06\/egypt-in-the-news-on-6-august-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595792\" class=\"content-area-description single-story post-595792 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-economy tag-egypt-in-the-news tag-enterpriseam tag-imf tag-national-security tag-pakistan tag-politics tag-terrorism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Sunday\u2019s car bomb explosion outside of the National Cancer Institute in Downtown Cairo is dominating the conversation in the foreign press:<\/b> You can find international coverage of the incident in this morning\u2019s Speed Round.<\/p>\n<p><b>We\u2019re being particularly inspirational this week:<\/b> Yesterday, a <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/05\/egypt-in-the-news-on-05-august-2019\/\">Nigerian regulator was waxing lyrical<\/a> about our reforms in the power sector. Today, we\u2019re providing the playbook for Pakistan\u2019s IMF-backed economic reform program. An <a href=\"https:\/\/tribune.com.pk\/story\/2028201\/2-better-egypt-pakistan-still-bumpy-road-ahead\/\">opinion piece for Pakistan\u2019s Express Tribune<\/a> argues that Pakistan should look to replicate our reform efforts as the country embarks on a <a href=\"https:\/\/www.rferl.org\/a\/imf-approves-6-billion-loan-for-pakistan\/30035665.html\">39-month economic program<\/a>, backed by a USD 6 bn IMF loan.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/imf\/\">IMF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pakistan\/\">Pakistan<\/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\/terrorism\/\">terrorism<\/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=\"595793\" 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=\"595793\">\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\/06\/how-do-scientists-produce-incredible-colored-photos-of-space\/\">\r\n                            How do scientists produce incredible colored photos of space?                        <\/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\/06\/how-do-scientists-produce-incredible-colored-photos-of-space\/\" 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\/06\/how-do-scientists-produce-incredible-colored-photos-of-space\/')\">\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\/06\/how-do-scientists-produce-incredible-colored-photos-of-space\/\">\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=How do scientists produce incredible colored photos of space?&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/how-do-scientists-produce-incredible-colored-photos-of-space\/\">\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\/06\/how-do-scientists-produce-incredible-colored-photos-of-space\/&title=How do scientists produce incredible colored photos of space?\">\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=How+do+scientists+produce+incredible+colored+photos+of+space%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F06%2Fhow-do-scientists-produce-incredible-colored-photos-of-space%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\/06\/how-do-scientists-produce-incredible-colored-photos-of-space\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/60.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595794\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/how-do-scientists-produce-incredible-colored-photos-of-space\/60-jpg-19\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/60.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"60.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/60.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/60.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595793\" class=\"content-area-description single-story post-595793 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-space tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>How do scientists produce incredible colored photos of space?<\/b> The <a href=\"https:\/\/hubblesite.org\/\">Hubble space telescope<\/a> has been orbiting Earth since 1990, expanding are view of deep space. But contrary to what most believe, it only takes photos in black and white. To show us color photos of space, scientists use a technique that imitates how our eyes naturally perceive color (<a href=\"https:\/\/www.vox.com\/2019\/8\/1\/20750228\/scientists-colorize-photos-space-hubble-telescope\">watch, runtime: 05:47<\/a>).<\/p>\n<p><b>It isn\u2019t simply for aesthetic reasons:<\/b> The process also allows them to map out how different gases interact in the universe to form galaxies and nebulae. Arguably Hubble\u2019s most famous photo is called <a href=\"https:\/\/www.nasa.gov\/image-feature\/the-pillars-of-creation\">The Pillars of Creation<\/a>, which captures huge towers of gas and dust, forming new star systems. Using such pictures for visual analysis allows scientists to see how stars and galaxies form over time, illuminating the invisible parts of our universe.<\/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\/space\/\">space<\/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=\"595795\" 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=\"595795\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/nrea-to-offer-tender-for-solar-energy-plant-in-hurghada\/\">\r\n                            NREA to offer tender for solar energy plant in Hurghada                        <\/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\/06\/nrea-to-offer-tender-for-solar-energy-plant-in-hurghada\/\" 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\/06\/nrea-to-offer-tender-for-solar-energy-plant-in-hurghada\/')\">\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\/06\/nrea-to-offer-tender-for-solar-energy-plant-in-hurghada\/\">\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=NREA to offer tender for solar energy plant in Hurghada&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/nrea-to-offer-tender-for-solar-energy-plant-in-hurghada\/\">\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\/06\/nrea-to-offer-tender-for-solar-energy-plant-in-hurghada\/&title=NREA to offer tender for solar energy plant in Hurghada\">\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=NREA+to+offer+tender+for+solar+energy+plant+in+Hurghada+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F06%2Fnrea-to-offer-tender-for-solar-energy-plant-in-hurghada%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\/06\/nrea-to-offer-tender-for-solar-energy-plant-in-hurghada\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595795\" class=\"content-area-description single-story post-595795 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam tag-hurghada tag-new-and-renewable-energy-authority tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The National Renewable Energy Authority (NREA) will issue a tender for companies to build a 20 MW solar energy plant in Hurghada, an unnamed government official <a href=\"https:\/\/alborsaanews.com\/2019\/08\/05\/1232336\">told the local press<\/a>. The plant will have an energy storage battery, which will be the first of its kind in Egypt, the official said. The plant will be financed through an USD 85 mn loan from the Japan International Cooperation Agency (JICA).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hurghada\/\">Hurghada<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-and-renewable-energy-authority\/\">New and Renewable Energy Authority<\/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=\"595796\" 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=\"595796\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/mot-to-auction-15-commercial-spaces-in-railway-stations\/\">\r\n                            MOT to auction 15 commercial spaces in railway stations                        <\/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\/06\/mot-to-auction-15-commercial-spaces-in-railway-stations\/\" 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\/06\/mot-to-auction-15-commercial-spaces-in-railway-stations\/')\">\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\/06\/mot-to-auction-15-commercial-spaces-in-railway-stations\/\">\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=MOT to auction 15 commercial spaces in railway stations&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/mot-to-auction-15-commercial-spaces-in-railway-stations\/\">\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\/06\/mot-to-auction-15-commercial-spaces-in-railway-stations\/&title=MOT to auction 15 commercial spaces in railway stations\">\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=MOT+to+auction+15+commercial+spaces+in+railway+stations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F06%2Fmot-to-auction-15-commercial-spaces-in-railway-stations%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\/06\/mot-to-auction-15-commercial-spaces-in-railway-stations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595796\" class=\"content-area-description single-story post-595796 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure tag-investment-watch tag-railways wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Railways Authority\u2019s investment arm MOT for Investments and Projects is planning to auction 15 commercial spaces in railway stations this month, an unnamed official from the authority <a href=\"https:\/\/almalnews.com\/%d8%a5%d9%85-%d8%a3%d9%88-%d8%aa%d9%8a-%d8%aa%d8%b7%d8%b1%d8%ad-15-%d9%85%d9%88%d9%82%d8%b9%d8%a7%d9%8b-%d8%aa%d8%ac%d8%a7%d8%b1%d9%8a%d8%a7%d9%8b-%d8%a8%d9%86%d8%b8%d8%a7%d9%85-%d8%ad\/\">told Al Mal<\/a>. The plots range between 20 and 2.5k sqm, and will be granted to the highest bidders.<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/railways\/\">railways<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595799\" 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=\"595799\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/vertical-forest-project-to-be-implemented-in-the-new-administrative-capital\/\">\r\n                            Vertical forest project to be implemented in the new administrative capital                        <\/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\/06\/vertical-forest-project-to-be-implemented-in-the-new-administrative-capital\/\" 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\/06\/vertical-forest-project-to-be-implemented-in-the-new-administrative-capital\/')\">\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\/06\/vertical-forest-project-to-be-implemented-in-the-new-administrative-capital\/\">\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=Vertical forest project to be implemented in the new administrative capital&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/vertical-forest-project-to-be-implemented-in-the-new-administrative-capital\/\">\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\/06\/vertical-forest-project-to-be-implemented-in-the-new-administrative-capital\/&title=Vertical forest project to be implemented in the new administrative capital\">\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=Vertical+forest+project+to+be+implemented+in+the+new+administrative+capital+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F06%2Fvertical-forest-project-to-be-implemented-in-the-new-administrative-capital%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\/06\/vertical-forest-project-to-be-implemented-in-the-new-administrative-capital\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595799\" class=\"content-area-description single-story post-595799 post type-post status-publish format-standard hentry category-real-estate-housing tag-architecture tag-enterpriseam tag-environment tag-new-administrative-capital tag-real-estate-housing tag-sustainability wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Misr Italia is working with Italian architect Stefano Boeri to bring his \u201cvertical forest\u201d to its buildings at the new administrative capital, <a href=\"http:\/\/www.ansamed.info\/ansamed\/en\/news\/sections\/environment\/2019\/08\/01\/boeris-vertical-forest-in-the-desert-of-cairo_8dbc52dc-2bca-4378-a304-e6a5a2807d98.html\">Ansamed reports<\/a>. With an investment of EGP 16 bn (EUR 900 mn) from Misr Italia, the project will involve constructing three towers covered in greenery meant to combat the effects of pollution and climate change. The project is intended to be completed by 2023.<\/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\/architecture\/\">architecture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/environment\/\">environment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sustainability\/\">sustainability<\/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=\"595800\" 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=\"595800\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/chinas-jusfoun-big-data-to-establish-office-in-cairo\/\">\r\n                            China\u2019s Jusfoun Big Data to establish office in Cairo                        <\/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\/06\/chinas-jusfoun-big-data-to-establish-office-in-cairo\/\" 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\/06\/chinas-jusfoun-big-data-to-establish-office-in-cairo\/')\">\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\/06\/chinas-jusfoun-big-data-to-establish-office-in-cairo\/\">\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=China\u2019s Jusfoun Big Data to establish office in Cairo&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/chinas-jusfoun-big-data-to-establish-office-in-cairo\/\">\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\/06\/chinas-jusfoun-big-data-to-establish-office-in-cairo\/&title=China\u2019s Jusfoun Big Data to establish office in Cairo\">\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=China%E2%80%99s+Jusfoun+Big+Data+to+establish+office+in+Cairo+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F06%2Fchinas-jusfoun-big-data-to-establish-office-in-cairo%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\/06\/chinas-jusfoun-big-data-to-establish-office-in-cairo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595800\" class=\"content-area-description single-story post-595800 post type-post status-publish format-standard hentry category-telecoms-ict tag-china tag-enterpriseam tag-itida tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Information Technology Industry Development Agency (Itida) and Jusfoun Big Data Information Group signed an MoU to establish an office for the company in Egypt, the Communications Ministry <a href=\"https:\/\/www.facebook.com\/MCITEgypt\/posts\/2432274573478625\">said in a statement<\/a>. The company\u2019s office in Egypt will export research and development services, software and applications development, and artificial intelligence research. Communications Minister Amr Talaat agreed with the company on signing a separate agreement in the next two months to establish a capacity-building academy in artificial intelligence, big data, and cloud computing. It will also work with state-owned Telecom Egypt to establish a cloud computing system through the data center.<\/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\/itida\/\">ITIDA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595801\" 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=\"595801\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/gafi-approves-offering-107-projects-in-meit-ghamr-investment-zone\/\">\r\n                            GAFI approves offering 107 projects in Meit Ghamr investment zone                        <\/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\/06\/gafi-approves-offering-107-projects-in-meit-ghamr-investment-zone\/\" 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\/06\/gafi-approves-offering-107-projects-in-meit-ghamr-investment-zone\/')\">\n                    Copy Link                <\/a>\n\n          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class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/gafi-approves-offering-107-projects-in-meit-ghamr-investment-zone\/&title=GAFI approves offering 107 projects in Meit Ghamr investment zone\">\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=GAFI+approves+offering+107+projects+in+Meit+Ghamr+investment+zone+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F06%2Fgafi-approves-offering-107-projects-in-meit-ghamr-investment-zone%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\/06\/gafi-approves-offering-107-projects-in-meit-ghamr-investment-zone\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595801\" class=\"content-area-description single-story post-595801 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-gafi tag-investment-watch tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The General Authority for Investment\u2019s (GAFI) board approved tendering 107 projects in the metallurgical sector in the Meit Ghamr investment zone, <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D8%AF%D8%A7%D8%B1%D8%A9-%D9%87%D9%8A%D8%A6%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D8%B9%D9%84%D9%89-%D8%B7%D8%B1%D8%AD-107-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7-%D8%A8%D8%A7%D9%84%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D9%8A%D8%A9-%D8%A8%D9%85%D9%8A%D8%AA-%D8%BA%D9%85%D8%B1.aspx\">according to a statement<\/a> from the Investment Ministry.<\/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\/gafi\/\">GAFI<\/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\/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=\"595802\" 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=\"595802\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/egypts-junior-womens-squash-team-defeats-singapore-at-malaysia-tournament\/\">\r\n                            Egypt\u2019s junior women\u2019s squash team defeats Singapore at Malaysia tournament                        <\/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\/06\/egypts-junior-womens-squash-team-defeats-singapore-at-malaysia-tournament\/\" target=\"_blank\">\n                   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class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595802\" class=\"content-area-description single-story post-595802 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-malaysia tag-singapore tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt\u2019s women\u2019s squash team has got off to a strong start at the World Junior Women's Championship in Malaysia, defeating Singapore 3-0, <a href=\"https:\/\/www.egypttoday.com\/Article\/8\/73577\/Squash-Youth-Women-Egyptian-team-defeats-Singapore-3-0\">Egypt Today reports<\/a>. The Egyptian team is still due to play Switzerland and France, the other two teams in their group.<\/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\/malaysia\/\">Malaysia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/singapore\/\">Singapore<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595803\" 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=\"595803\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/the-market-yesterday-305\/\">\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\/06\/the-market-yesterday-305\/\" 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\/06\/the-market-yesterday-305\/')\">\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\/06\/the-market-yesterday-305\/\">\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\/06\/the-market-yesterday-305\/\">\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\/06\/the-market-yesterday-305\/&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%2F06%2Fthe-market-yesterday-305%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\/06\/the-market-yesterday-305\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595803\" class=\"content-area-description single-story post-595803 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 16.48 | Sell 16.60<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> (Monday): 13,599 (-0.1%)<\/p>\n<p> <b>Turnover:<\/b> EGP 589 mn (3% above the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +4.3%<\/p>\n<p><b>THE MARKET ON MONDAY:<\/b> The EGX30 ended Monday\u2019s session down 0.1%. CIB, the index heaviest constituent ended down 0.5%. EGX30\u2019s top performing constituents were Sodic up 4.7%, Ezz Steel up 2.8%, and Orascom Investment Holding up 1.9%. Yesterday\u2019s worst performing stocks were Qalaa Holdings down 7.1%, Abu Dhabi Islamic Bank down 4.5% and AMOC down 1.9%. The market turnover was EGP 589 mn, and local investors were the sole net sellers.<\/p>\n<p><b>Foreigners<\/b>: Net long | EGP +45.1 mn<\/p>\n<p> <b>Regional<\/b>: Net long | EGP +1.8 mn<\/p>\n<p> <b>Domestic<\/b>: Net short | EGP -46.9 mn<\/p>\n<p><b>Retail<\/b>: 50.2% of total trades | 46.9% of buyers | 53.4% of sellers<\/p>\n<p> <b>Institutions<\/b>: 49.8% of total trades | 53.1% of buyers | 46.6% of sellers<\/p>\n<p><b>WTI:<\/b> USD 54.30 (-0.71%)<\/p>\n<p> <b>Brent:<\/b> USD 59.44 (-0.62%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.09 MMBtu, (+1.11%, September 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,482.40\/ troy ounce (+0.40%)<\/p>\n<p><b>TASI:<\/b> 8,465.25 (-1.07%) (YTD: +8.16%)<\/p>\n<p> <b>ADX:<\/b> 5,083.16 (-1.87%) (YTD: +3.42%)<\/p>\n<p> <b>DFM:<\/b> 2,799.83 (-2.03%) (YTD: +10.0%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,726.87 (+0.01%)<\/p>\n<p> <b>QE:<\/b> 9,924.87 (-4.16%) (YTD: -3.63%)<\/p>\n<p> <b>MSM:<\/b> 3,788.73 (+0.22%) (YTD: -12.37%)<\/p>\n<p> <b>BB: <\/b>1,544.65 (-0.26%) (YTD: +15.51%)<\/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=\"595804\" 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\/06\/595804\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595804\" class=\"content-area-description single-story post-595804 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>10-13 August (Saturday-Tuesday): 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":595768,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-595767","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"3344046a-dd71-4d59-a423-8d0658a026fd","teaser":"","photo_url":"https:\/\/ent.news\/2017\/12\/150.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Interior Ministry pronounces Cairo car explosion a terror incident. 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