{"id":595814,"date":"2019-08-07T04:00:26","date_gmt":"2019-08-07T04:00:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=595814"},"modified":"2025-12-16T18:57:29","modified_gmt":"2025-12-16T18:57:29","slug":"egypt-is-among-the-top-50-most-water-stressed-countries-in-the-world","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-is-among-the-top-50-most-water-stressed-countries-in-the-world\/","title":{"rendered":"Egypt is among the top 50 most water-stressed countries in the world."},"content":{"rendered":"<section id=\"595816\" 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=\"595816\">\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\/07\/what-were-tracking-on-7-august-2019\/\">\r\n                            What we\u2019re tracking on 7 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\/07\/what-were-tracking-on-7-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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Expect next week to be an even duller week in Egypt-related news as Sunday, Monday and Tuesday are national holidays. Don\u2019t worry though: we will be in your inboxes on Wednesday and Thursday to add some color to the week\u2019s non-events.<\/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. While some research houses have lowered their overall projections for the year, it is widely expected that we see inflation in July rise on the back of last month\u2019s cuts to <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/07\/government-raises-fuel-prices-phasing-out-remaining-fuel-subsidies\/\">fuel<\/a> and electricity subsidies.<\/p><p><b>Don\u2019t put money on a rate cut this month: <\/b>Investment banks are expecting the Monetary Policy Committee to keep interest rates on hold when it meets on Thursday, 22 August.<\/p><p><b>Meanwhile, net foreign reserves inched up to USD 44.91 bn at the end of July <\/b>from USD 44.35 bn in June, <a href=\"https:\/\/www.cbe.org.eg\/en\/Pages\/HighlightsPages\/--Net-International-Reserves-reached-US%24-44916-7-mn-at-the-end-of-July-2019-(provisional).aspx\">CBE data showed<\/a>. Expect the figure to jump more substantially next month, when the <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/06\/what-were-tracking-on-6-august-2019\/\">final USD 2 bn tranche<\/a> of the IMF loan is added to the pile.<\/p><p><b>Members of the UN Security Council have condemned \u201cin the strongest terms\u201d Sunday\u2019s terrorist attack <\/b>and expressed condolences to the families of the victims <a href=\"https:\/\/www.un.org\/press\/en\/2019\/sc13911.doc.htm\">in a joint statement<\/a>. General Secretary of the Arab League Ahmed Aboul Gheit <a href=\"http:\/\/www.lasportal.org\/ar\/news\/Pages\/NewsDetails.aspx?RID=2130\">also issued a statement<\/a> denouncing the attack.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/84.jpg?ssl=1\"><\/p><p><b>US Treasury Secretary Steven Mnuchin formally called out China for being a \u201ccurrency manipulator,\u201d <\/b><a href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sm751\">in a Treasury statement<\/a> late Monday. The statement came after the Chinese onshore and offshore exchange rates hit <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/06\/what-were-tracking-on-6-august-2019\/\">11-year lows early Monday<\/a>, two days after Trump vowed to impose new 10% tariffs on the remaining USD 300 bn-worth of Chinese goods starting 1 September. \u201cAs a result of this determination, Secretary Mnuchin will engage with the IMF to eliminate the unfair competitive advantage created by China\u2019s latest actions,\u201d the Treasury statement said.<\/p><p><b>The designation fulfilled a Donald Trump promise to officially label China a currency manipulator<\/b>, <a href=\"https:\/\/www.reuters.com\/article\/us-usa-trade-china-currency\/us-designates-china-as-currency-manipulator-for-first-time-in-decades-idUSKCN1UV2BK\">says Reuters<\/a>. US officials have long criticized Beijing of controlling its currency to help exporters, but this is the first official accusation since 1994.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2580.jpg?ssl=1\"><\/p><p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a><b> Investors pulled almost USD 3 bn from EM equities and bonds this week<\/b> on US-China trade war fears, the Institute of International Finance\u2019s flow tracker estimates, <a href=\"https:\/\/www.reuters.com\/article\/us-emerging-markets-flows-iff\/nearly-3-billion-yanked-from-emerging-markets-this-week-iif-idUSKCN1UW1OS\">according to Reuters<\/a>. Around USD 6.8 bn has exited emerging markets since last Thursday, including USD 2.33 bn <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/06\/what-were-tracking-on-6-august-2019\/\">on Friday alone<\/a>. A separate IIF alert dubbed the current flow reversal \u2018Trade Tantrum 2.0\u2019, a reference to the <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/20\/what-were-tracking-on-20-may-2019\/\">spike in outflows in May<\/a>. Asian markets sustained especially heavy losses last Friday: USD 1 bn exited Chinese equities, while India saw USD 400 mn of outflows and Taiwan lost USD 760 mn (over two days).<\/p><p><b>The US-China trade war is weighing on the big bn\u2019naires<\/b>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-05\/world-s-richest-lose-117-billion-in-one-day-market-meltdown?srnd=premium-middle-east\">Bloomberg reports<\/a>. The world\u2019s wealthiest 500 people lost 2.1% of their collective net worth on Monday as <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/06\/what-were-tracking-on-6-august-2019\/\">stocks plunged on the back of rising trade tensions<\/a> between China and the US. Amazon\u2019s Jeff Bezos was the biggest loser, after the online giant lost USD 3.4 bn in the turmoil. <b>But don\u2019t reach for the violins just yet:<\/b> he\u2019s still the richest person on the planet with USD 110 bn.<\/p><p><b>It\u2019s not enough to rely on rate cuts. Global headwinds call for better portfolios, says El Erian: <\/b>Investors need to start rethinking portfolio building strategies as economic and political headwinds are beginning to take on a bigger role in asset price movements, undermining the comfort investors sought in monetary easing, <a href=\"https:\/\/www.ft.com\/content\/761e4fea-b76b-11e9-8a88-aa6628ac896c\">Mohamed El Erian writes for the Financial Times<\/a>. Growing US-China trade tensions, which have so far only seen \u201ca series of ceasefires\u201d and no truce, \u201cmeans that portfolio positioning just for the beneficial effects of more liquidity will be challenged more than in the past,\u201d he says.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2754.jpg?ssl=1\"><\/p><p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a><b> AI is looking to displace research houses at investment banks...: <\/b>AI is playing a crucial role in generating information for cost-conscious investment banks looking to downsize by laying off human researchers, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-06\/robots-are-solving-banks-very-expensive-research-problem\">according to Bloomberg<\/a>. Ploughing through news articles, government statements and social media accounts all over the world that mere mortals couldn\u2019t possibly process, machines end up reducing one of banking\u2019s most significant outlays. There was a 30% drop in research budgets last year in the UK, data from the Financial Conduct Authority shows, while the 12 biggest banks have cut their front-office staff covering currencies, such as traders and researchers, by 7% since 2015, according to London-based research analytics consultancy Coalition Development Ltd.<\/p><p><b>...and humanity in general:<\/b> Tech companies are racing to be the first to build a machine capable of human-level intelligence, <a href=\"https:\/\/www.ft.com\/content\/c96e43be-b4df-11e9-8cb2-799a3a8cf37b\">the FT says<\/a>. Elon Musk\u2019s OpenAI and Alphabet\u2019s DeepMind have both built deep learning systems using artificial neural networks that model the human brain, but many experts remain sceptical about whether machines will ever approach human levels of cognition without an algorithmic breakthrough. This might be about to change though, after Microsoft last month made a decisive move in the pursuit of artificial general intelligence and <a href=\"https:\/\/news.microsoft.com\/2019\/07\/22\/openai-forms-exclusive-computing-partnership-with-microsoft-to-build-new-azure-ai-supercomputing-technologies\/\">invested USD 1 bn<\/a> in OpenAI.<\/p><p><b>All eyes on Scale:<\/b> Silicon Valley\u2019s next big thing is a <a href=\"https:\/\/scale.com\/\">three-year-old startupScale<\/a>. Valued at over USD 1 bn after<a href=\"https:\/\/techcrunch.com\/2019\/08\/05\/scale-ai-and-its-22-year-old-ceo-lock-down-100-million-to-help-label-silicon-valleys-data\/\">securing USD 100 mn<\/a> in series C funding, the company teaches AI systems how to \u2018see\u2019 like humans. Using specially-built software to review images, most of which it can label automatically, it cuts down a time and labor-intensive process that usually costs companies bns in human labor. A network of contract workers then reviews the images, making any necessary adjustments. Clients raving about its efficiency and cost-effectiveness include Uber, Waymo and OpenAI, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-05\/scale-ai-is-silicon-valley-s-latest-unicorn\">according to Bloomberg<\/a>.<\/p>\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\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/capmas\/\">CAPMAS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/institute-of-international-finance\/\">Institute of International Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            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alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" 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   \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\/07\/suez-canal-foreign-reserves-new-cities-and-chicken-kept-talking-heads-busy-last-night\/\">\r\n                            Suez Canal, foreign reserves, new cities and chicken kept talking heads busy last night                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li 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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/suez-canal-foreign-reserves-new-cities-and-chicken-kept-talking-heads-busy-last-night\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Suez Canal, foreign reserves, new cities and chicken kept talking heads busy last night&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/suez-canal-foreign-reserves-new-cities-and-chicken-kept-talking-heads-busy-last-night\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/suez-canal-foreign-reserves-new-cities-and-chicken-kept-talking-heads-busy-last-night\/&title=Suez Canal, foreign reserves, new cities and chicken kept talking heads busy last night\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Suez+Canal%2C+foreign+reserves%2C+new+cities+and+chicken+kept+talking+heads+busy+last+night+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Fsuez-canal-foreign-reserves-new-cities-and-chicken-kept-talking-heads-busy-last-night%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/suez-canal-foreign-reserves-new-cities-and-chicken-kept-talking-heads-busy-last-night\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595818\" class=\"content-area-description single-story post-595818 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-development tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-food tag-foreign-reserves tag-housing tag-infrastructure tag-real-estate tag-suez-canal wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Egypt getting its money\u2019s worth in Suez Canal gains: <\/b>A cabinet infographic showing a 5.4% jump y-o-y in Suez Canal revenues to USD 5.9 bn in FY2018-2019 was the main point of discussion on Al Hayah Al Youm with Khaled Abu Bakr (<a href=\"https:\/\/www.youtube.com\/watch?v=r8oLKn46P1g&feature=youtu.be\">watch, runtime: 09:01<\/a>). Abu Bakr highlighted the role the second Suez Canal played in bringing up the revenues four years after the project\u2019s construction. We have more on this in our Speed Round, below.<\/p>\n<p><b>The news that foreign reserves inched up to USD 44.91 bn at the end of July<\/b> from USD 44.35 bn in June also got a mention on the air (<a href=\"https:\/\/youtu.be\/y2KyGRI2oi8\">watch, runtime: 10:17<\/a>). Cairo University Professor Mostafa Badr told Abu Bakr the recovery of foreign reserves shows the IMF reform program has succeeded.<\/p>\n<p><b>PM urges gov\u2019t to step up efforts in new cities:<\/b> Prime Minister Moustafa Madbouly held talks with Transportation Minister Assem El Gazzar as well as NUCA and Housing Ministry officials to talk about construction progress in over 14 new cities (<a href=\"https:\/\/www.youtube.com\/watch?v=aWa4l0mlRbY&feature=youtu.be\">watch, runtime: 18:47<\/a>).<\/p>\n<p><b>Sound eggonomics: <\/b>The government has launched a national poultry investment campaignto boost the industry, cabinet spokesman Nader Saad told Hona Al Asema\u2019s Reham Ibrahim (<a href=\"https:\/\/www.youtube.com\/watch?v=P1YmJebRjHY&feature=youtu.be\">watch, runtime: 12:26<\/a>). The campaign will take place over five different governorates, including Luxor and Qena. Egypt currently meets 95% of its poultry consumption needs.<\/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\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/food\/\">food<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/foreign-reserves\/\">foreign reserves<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/housing\/\">housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/suez-canal\/\">Suez Canal<\/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=\"595819\" 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=\"595819\">\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\/07\/egypt-is-facing-high-baseline-water-stress-new-information-says\/\">\r\n                            Egypt is facing high baseline water stress, new information says                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-is-facing-high-baseline-water-stress-new-information-says\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-is-facing-high-baseline-water-stress-new-information-says\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-is-facing-high-baseline-water-stress-new-information-says\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt is facing high baseline water stress, new information says&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-is-facing-high-baseline-water-stress-new-information-says\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-is-facing-high-baseline-water-stress-new-information-says\/&title=Egypt is facing high baseline water stress, new information says\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+is+facing+high+baseline+water+stress%2C+new+information+says+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Fegypt-is-facing-high-baseline-water-stress-new-information-says%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-is-facing-high-baseline-water-stress-new-information-says\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/1474.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595820\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-is-facing-high-baseline-water-stress-new-information-says\/1474-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/1474.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1474.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/1474.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/1474.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595819\" class=\"content-area-description single-story post-595819 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-enterpriseam tag-institute tag-speed-round tag-water tag-water-stress tag-world-resources 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> Egypt among top 50 most water-stressed countries, according to WRI:<\/b> Egypt is among the countries most at risk of water shortages, with the <a href=\"https:\/\/www.wri.org\/blog\/2019\/08\/17-countries-home-one-quarter-world-population-face-extremely-high-water-stress\">World Resources Institute (WRI)<\/a>ranking it the 43rd most water-stressed country out of 164 countries. Data shows that Egypt\u2019s Red Sea coastlines, including Sinai, are the most water-stressed regions in the countries, followed by the north coast, delta and Cairo metropolitan area. The WRI calculates the baseline water stress by factoring in water usage relative to renewable water supplies.<\/p>\n<p><b>It\u2019s worse for nearly a quarter of the world\u2019s population:<\/b> Qatar, Israel, Lebanon, Jordan, Saudi Arabia and the UAE are among the 17 countries \u2014 home to a quarter of the world\u2019s population \u2014 facing extremely high baseline water stress. Population growth, socioeconomic development and urbanization are all increasing the demand for water, while climate change is making it harder to predict and plan for when rainfall will come. WRI has warned of social, political and health problems if better information, planning and management is not used to address the crisis.<\/p>\n<p><b>What are we doing about it?<\/b> <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/05\/govt-plans-for-new-desalination-treatment-plants-unveiled-as-part-of-water-conservation-strategy\/\">As we noted on Monday<\/a>, the Housing Ministry unveiled new details of its water conservation plan. It includes building 39 desalination plants with a capacity of 1.4 mn cubic meters (cbm) of water per day, and the construction of 52 wastewater treatment plants. The plan also involves promoting water-saving devices as well as bringing in the private sector to help irrigate cash crops using recycled water. Decreasing rainfall in the Ethiopian highlands has led to a 5 bn cubic meter shortfall in Egypt\u2019s share of Nile water. The Irrigation Ministry <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/31\/egypt-announces-state-of-emergency-as-nile-water-volumes-fall-5-bn-cubic-meters-in-2019\/\">announced a state of emergency<\/a> at the end of July in response to the findings.<\/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\/institute\/\">Institute<\/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\/water\/\">water<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/water-stress\/\">water stress<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-resources\/\">World Resources<\/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=\"595828\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595829\" 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=\"595829\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-in-the-news-on-7-august-2019\/\">\r\n                            Egypt in the News on 7 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\/07\/egypt-in-the-news-on-7-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\/07\/egypt-in-the-news-on-7-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\/07\/egypt-in-the-news-on-7-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 7 August 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-in-the-news-on-7-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\/07\/egypt-in-the-news-on-7-august-2019\/&title=Egypt in the News on 7 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+7+August+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Fegypt-in-the-news-on-7-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\/07\/egypt-in-the-news-on-7-august-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595829\" class=\"content-area-description single-story post-595829 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-nigeria tag-politics tag-sports tag-sudan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>We\u2019re all for having our strengths praised in the Nigerian press (even if it sometimes comes with a dash of hyperbole):<\/b> A flowery piece <a href=\"https:\/\/guardian.ng\/features\/visit-egypt-and-see-nigerias-backwardness-a-2019-egypt-total-afcon-diary\/\">in Nigerian outlet the Guardian<\/a> continues <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/06\/egypt-in-the-news-on-6-august-2019\/\">this week\u2019s theme<\/a> of All The Things Egypt Gets Right, with the main thrust being that the writer\u2019s Afcon visit left him impressed with our infrastructure and organization. Read for the memorable descriptions, including the \u201cexquisite edifice\u201d that is our airport, and the Cairo-Alex desert road, which, according to the writer, appears to have been \u201cpolished with Kiwi polish.\u201d<\/p>\n<p><b>But on a less complimentary note:<\/b> Egypt is among a cohort of countries that value \u201cwhat they consider to be stability and security in Sudan\u201d above democracy, <a href=\"https:\/\/www.worldpoliticsreview.com\/articles\/28096\/from-the-gulf-to-egypt-foreign-powers-are-playing-with-fire-in-sudan\">Richard Downie argues in World Politics Review<\/a>, who says Egypt\u2019s top priority for Sudan being that it keeps its Islamist base in check.<\/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\/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\/nigeria\/\">Nigeria<\/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\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595830\" 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=\"595830\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/ever-noticed-how-egyptians-dont-really-know-their-po-boxes-the-ivory-coast-has-a-bigger-issue-no-street-signs\/\">\r\n                            Ever noticed how Egyptians don\u2019t really know their PO boxes? The Ivory Coast has a bigger issue: No street signs                        <\/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\/07\/ever-noticed-how-egyptians-dont-really-know-their-po-boxes-the-ivory-coast-has-a-bigger-issue-no-street-signs\/\" 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\/07\/ever-noticed-how-egyptians-dont-really-know-their-po-boxes-the-ivory-coast-has-a-bigger-issue-no-street-signs\/')\">\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\/07\/ever-noticed-how-egyptians-dont-really-know-their-po-boxes-the-ivory-coast-has-a-bigger-issue-no-street-signs\/\">\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=Ever noticed how Egyptians don\u2019t really know their PO boxes? The Ivory Coast has a bigger issue: No street signs&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/ever-noticed-how-egyptians-dont-really-know-their-po-boxes-the-ivory-coast-has-a-bigger-issue-no-street-signs\/\">\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\/07\/ever-noticed-how-egyptians-dont-really-know-their-po-boxes-the-ivory-coast-has-a-bigger-issue-no-street-signs\/&title=Ever noticed how Egyptians don\u2019t really know their PO boxes? The Ivory Coast has a bigger issue: No street signs\">\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=Ever+noticed+how+Egyptians+don%E2%80%99t+really+know+their+PO+boxes%3F+The+Ivory+Coast+has+a+bigger+issue%3A+No+street+signs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Fever-noticed-how-egyptians-dont-really-know-their-po-boxes-the-ivory-coast-has-a-bigger-issue-no-street-signs%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\/07\/ever-noticed-how-egyptians-dont-really-know-their-po-boxes-the-ivory-coast-has-a-bigger-issue-no-street-signs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/226.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595831\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/ever-noticed-how-egyptians-dont-really-know-their-po-boxes-the-ivory-coast-has-a-bigger-issue-no-street-signs\/226-jpg-22\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/226.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"226.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/226.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/226.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595830\" class=\"content-area-description single-story post-595830 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-infrastructure tag-jumia tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a><b> Ever noticed how Egyptians don\u2019t really know their PO box numbers?<\/b> It\u2019s a bit of a pain when you\u2019re ordering something online from abroad and are tempted to type in any random five numbers, knowing that your package might end up somewhere in Sohag instead of your neighborhood. But that\u2019s really not a big issue at all in comparison to many in Cote d\u2019Ivoire who don\u2019t have street addresses and are relegated to relying on nearby \u201clandmarks\u201d for their deliveries. This is but one of several hurdles that online retailer Jumia faces in the country, Danielle Paquette writes for <a href=\"https:\/\/www.washingtonpost.com\/world\/africa\/the-amazon-of-africa-faces-a-big-challenge-no-addresses\/2019\/08\/03\/8f84f700-ae0f-11e9-b071-94a3f4d59021_story.html?utm_term=.ef1798da38f0&noredirect=on\">the Washington Post<\/a>. Paquette details one day in the life of a woman who delivers orders for Jumia: \u201cShe had eight hours, 32 packages to deliver and no addresses.\u201d One customer instructed her to \u201clook for the ice cream cart,\u201d while another asked her to wait for him by \u201ca patch of gravel\u201d on a dirt road. Not quite what you\u2019d call an exact science.<\/p>\n<p><b>But the lack of addresses is not the only infrastructural issue Jumia faces in Cote d\u2019Ivoire and the rest of Africa:<\/b> The prevalence of cash (and distrust of online transactions), safety concerns for valuable packages, and \u201clabyrinths of red tape\u201d are all holding back internet retail on the continent. \u201cToday only 1% of goods sold in Africa are purchased on a screen, but if that share swells to 10 \u2014 closer to U.S. and European levels \u2014 McKinsey analysts forecast annual sales will hit USD 75 bn, unleashing an economic boom and a new age of convenience on the continent.\u201d<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/jumia\/\">Jumia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595832\" 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=\"595832\">\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\/07\/netflix-documentary-double-bill-shines-a-spotlight-on-privacy-data-and-the-threat-of-social-media\/\">\r\n                            Netflix documentary double bill shines a spotlight on privacy, data, and the threat of social media                        <\/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\/07\/netflix-documentary-double-bill-shines-a-spotlight-on-privacy-data-and-the-threat-of-social-media\/\" 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\/07\/netflix-documentary-double-bill-shines-a-spotlight-on-privacy-data-and-the-threat-of-social-media\/')\">\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\/07\/netflix-documentary-double-bill-shines-a-spotlight-on-privacy-data-and-the-threat-of-social-media\/\">\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=Netflix documentary double bill shines a spotlight on privacy, data, and the threat of social media&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/netflix-documentary-double-bill-shines-a-spotlight-on-privacy-data-and-the-threat-of-social-media\/\">\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\/07\/netflix-documentary-double-bill-shines-a-spotlight-on-privacy-data-and-the-threat-of-social-media\/&title=Netflix documentary double bill shines a spotlight on privacy, data, and the threat of social media\">\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=Netflix+documentary+double+bill+shines+a+spotlight+on+privacy%2C+data%2C+and+the+threat+of+social+media+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Fnetflix-documentary-double-bill-shines-a-spotlight-on-privacy-data-and-the-threat-of-social-media%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\/07\/netflix-documentary-double-bill-shines-a-spotlight-on-privacy-data-and-the-threat-of-social-media\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/286.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595833\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/netflix-documentary-double-bill-shines-a-spotlight-on-privacy-data-and-the-threat-of-social-media\/286-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/286.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"286.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/286.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/286.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595832\" class=\"content-area-description single-story post-595832 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-netflix tag-politics tag-social-media tag-worth-watching 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-08\"><\/a> <b>Netflix documentary double bill shines a spotlight on privacy, data, and the threat of social media: <\/b>Facebook\u2019s reputation as the world\u2019s biggest espionage agency is in the spotlight again these days with the release of the Netflix documentary <a href=\"https:\/\/www.netflix.com\/title\/80117542\">The Great Hack (watch, runtime: 1:54:13)<\/a>. The film does a pretty good job chronicling the 2017 Cambridge Analytica scandal, which saw the political consultancy firm gather data on Facebook users and use it to target swing voters in key states that helped Donald Trump win the 2016 US presidential election. The film also highlights Cambridge Analytica\u2019s role in Brexit and numerous other political campaigns in developing countries using data gathered from Facebook.<\/p>\n<p><b>Check out Terms and Conditions May Apply for a more nuanced picture: <\/b>The Great Hack falls slightly short by focusing on the Cambridge Analytica whistleblowers\u2019 stories at the expense of addressing the wider system of \u201cterms and conditions\u201d that allows for the manipulation and monetization of private data. To get a more nuanced look at a world where the users of social media are the products in a USD tn industry, we recommend watching 2013\u2019s <a href=\"https:\/\/www.netflix.com\/title\/70279201\">Terms and Conditions May Apply (watch, runtime: 1:19:10)<\/a>. The tactics used by social media companies \u2014 from hard-to-read terms and conditions agreements to the hiring of casino consultants to help us get addicted to notifications \u2014 are explored at much greater length in this film. Taken together, we dare you take another one of those Facebook quizzes or try that Face app.<\/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\/netflix\/\">Netflix<\/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\/social-media\/\">social media<\/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=\"595834\" 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=\"595834\">\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\/07\/egyptera-sets-new-network-usage-prices-for-independent-power-producers\/\">\r\n                            Egyptera sets new network usage prices for independent power producers                        <\/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\/07\/egyptera-sets-new-network-usage-prices-for-independent-power-producers\/\" 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\/07\/egyptera-sets-new-network-usage-prices-for-independent-power-producers\/')\">\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\/07\/egyptera-sets-new-network-usage-prices-for-independent-power-producers\/\">\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=Egyptera sets new network usage prices for independent power producers&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egyptera-sets-new-network-usage-prices-for-independent-power-producers\/\">\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\/07\/egyptera-sets-new-network-usage-prices-for-independent-power-producers\/&title=Egyptera sets new network usage prices for independent power producers\">\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=Egyptera+sets+new+network+usage+prices+for+independent+power+producers+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Fegyptera-sets-new-network-usage-prices-for-independent-power-producers%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\/07\/egyptera-sets-new-network-usage-prices-for-independent-power-producers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595834\" class=\"content-area-description single-story post-595834 post type-post status-publish format-standard hentry category-energy tag-egyptera tag-electricity tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Electric Utility & Consumer Protection Regulatory Agency (Egyptera) has set new network usage prices for independent power producers that directly supply consumers, sources <a href=\"https:\/\/alborsaanews.com\/2019\/08\/06\/1233314\">told the local press<\/a>. Ultra-high voltages will be charged at 3.26 piasters per kWh, high voltages cost 8.43 piasters per kWh and medium voltages will carry a charge of 10.83 piasters per kWh.<\/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\/egyptera\/\">Egyptera<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/electricity\/\">electricity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595835\" 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=\"595835\">\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\/07\/egypt-navy-signs-mou-with-chinas-hutchison-to-build-abu-qir-port-terminal\/\">\r\n                            Egypt Navy signs MoU with China\u2019s Hutchison to build Abu Qir port terminal                        <\/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\/07\/egypt-navy-signs-mou-with-chinas-hutchison-to-build-abu-qir-port-terminal\/\" 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\/07\/egypt-navy-signs-mou-with-chinas-hutchison-to-build-abu-qir-port-terminal\/')\">\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\/07\/egypt-navy-signs-mou-with-chinas-hutchison-to-build-abu-qir-port-terminal\/\">\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 Navy signs MoU with China\u2019s Hutchison to build Abu Qir port terminal&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-navy-signs-mou-with-chinas-hutchison-to-build-abu-qir-port-terminal\/\">\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\/07\/egypt-navy-signs-mou-with-chinas-hutchison-to-build-abu-qir-port-terminal\/&title=Egypt Navy signs MoU with China\u2019s Hutchison to build Abu Qir port terminal\">\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+Navy+signs+MoU+with+China%E2%80%99s+Hutchison+to+build+Abu+Qir+port+terminal+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Fegypt-navy-signs-mou-with-chinas-hutchison-to-build-abu-qir-port-terminal%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\/07\/egypt-navy-signs-mou-with-chinas-hutchison-to-build-abu-qir-port-terminal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595835\" class=\"content-area-description single-story post-595835 post type-post status-publish format-standard hentry category-infrastructure tag-china tag-enterpriseam tag-infrastructure tag-ports tag-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Navy signed yesterday an MoU with China\u2019s Hutchison Ports to build a container terminal in Abu Qir, <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/662287480957302\">according to an Ittihadiya statement<\/a>. The Chinese company will train more than 1.5k Egyptian engineers and workers to carry out the different roles required at the port. The port is expected to see 1 mn containers traded each year after the project is completed.<\/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\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ports\/\">ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/security\/\">security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595836\" 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=\"595836\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/\">\r\n                            Egypt signs contract for metro trains and locomotives with Hyundai Rotem, Socofer                        <\/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\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/\" 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\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/')\">\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\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/\">\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 signs contract for metro trains and locomotives with Hyundai Rotem, Socofer&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/\">\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\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/&title=Egypt signs contract for metro trains and locomotives with Hyundai Rotem, Socofer\">\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+signs+contract+for+metro+trains+and+locomotives+with+Hyundai+Rotem%2C+Socofer+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Fegypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer%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\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595836\" class=\"content-area-description single-story post-595836 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam tag-hyundai-rotem tag-transport wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The National Tunnels Authority signed two contracts with South Korea\u2019s Hyundai Rotem and France\u2019s Socofer to provide 6 new metro trains and 2 locomotives for line 2 of the Cairo metro,<a href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/1368057353351254?__tn__=K-R\">according to a Transport Ministry statement<\/a>. Hyundai will provide the new trains at a cost of USD 131 mn and the first train will arrive after 2 years. Socofer will provide the locomotives at a cost of EUR 3.7 mn. The contracts will be partially financed through an EUR 100 mn loan from the European Bank for Reconstruction and Development (EBRD). The new purchases are part of an EGP 30 bn plan to revamp Lines 1& 2 of the Cairo Metro.<\/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\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hyundai-rotem\/\">Hyundai Rotem<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595837\" 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=\"595837\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypts-fra-grants-shuaa-short-selling-license\/\">\r\n                            Egypt\u2019s FRA grants Shuaa short selling license                        <\/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\/07\/egypts-fra-grants-shuaa-short-selling-license\/\" 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\/07\/egypts-fra-grants-shuaa-short-selling-license\/')\">\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\/07\/egypts-fra-grants-shuaa-short-selling-license\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s FRA grants Shuaa short selling license&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypts-fra-grants-shuaa-short-selling-license\/\">\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\/07\/egypts-fra-grants-shuaa-short-selling-license\/&title=Egypt\u2019s FRA grants Shuaa short selling license\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+FRA+grants+Shuaa+short+selling+license+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Fegypts-fra-grants-shuaa-short-selling-license%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\/07\/egypts-fra-grants-shuaa-short-selling-license\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595837\" class=\"content-area-description single-story post-595837 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam tag-finance tag-short-selling wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Financial Regulatory Authority (FRA) has granted Shuaa Securities a short selling license, <a href=\"https:\/\/www.masrawy.com\/news\/news_economy\/details\/2019\/8\/6\/1613914\/-%D8%B4%D8%B9%D8%A7%D8%B9-%D8%AA%D8%AD%D8%B5%D9%84-%D8%B9%D9%84%D9%89-%D8%AA%D8%B1%D8%AE%D9%8A%D8%B5-%D9%84%D9%85%D8%B2%D8%A7%D9%88%D9%84%D8%A9-%D9%86%D8%B4%D8%A7%D8%B7-%D8%A7%D9%84%D8%B4%D9%88%D8%B1%D8%AA-%D8%B3%D9%8A%D9%84%D9%86%D8%AC-#sectionListing\">Masrawy reported<\/a>. <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/25\/fra-awards-premiere-securities-short-selling-license\/\">The growing list<\/a>of brokerages authorized to short sell includes Arqaam, EFG Hermes, CI Capital, the Arab African International Securities, Prime Holdings, HC Securities, and Premiere Securities. Short selling transactions are due to hit the EGX in 3Q2019, <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/03\/short-selling-expected-to-be-activated-in-3q2019\/\">FRA deputy head Khaled El Nashar<\/a> said earlier this month.<\/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\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/short-selling\/\">short selling<\/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=\"595839\" 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=\"595839\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/fra-to-launch-arbitration-center-in-early-2020\/\">\r\n                            FRA to launch arbitration center in early 2020                        <\/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\/07\/fra-to-launch-arbitration-center-in-early-2020\/\" 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\/07\/fra-to-launch-arbitration-center-in-early-2020\/')\">\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\/07\/fra-to-launch-arbitration-center-in-early-2020\/\">\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=FRA to launch arbitration center in early 2020&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/fra-to-launch-arbitration-center-in-early-2020\/\">\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\/07\/fra-to-launch-arbitration-center-in-early-2020\/&title=FRA to launch arbitration center in early 2020\">\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=FRA+to+launch+arbitration+center+in+early+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Ffra-to-launch-arbitration-center-in-early-2020%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\/07\/fra-to-launch-arbitration-center-in-early-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595839\" class=\"content-area-description single-story post-595839 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam tag-financial-regulatory-authority wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Financial Regulatory Authority (FRA) plans to launch its own arbitration center to settle non-banking finance related disputes in early 2020, the FRA\u2019s Vice Chairman Khaled El Nashar <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%aa%d8%aa%d9%88%d9%82%d8%b9-%d8%a8%d8%af%d8%a1-%d8%a7%d9%84%d8%b9%d9%85%d9%84-%d8%a8%d9%85%d8%b1\/\">told Al Mal<\/a>. The FRA is working on completing the administrative structure of the center, which will be specialized in handling arbitration cases between companies and their investors. The center was formed with a presidential decree <a href=\"http:\/\/www.fra.gov.eg\/content\/efsa_en\/efsa_news_en\/efsa_789_en.htm\">last month<\/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\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-regulatory-authority\/\">Financial Regulatory Authority<\/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=\"595840\" 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=\"595840\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-and-france-carry-out-joint-military-drills\/\">\r\n                            Egypt and France carry out joint military drills                        <\/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\/07\/egypt-and-france-carry-out-joint-military-drills\/\" 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\/07\/egypt-and-france-carry-out-joint-military-drills\/')\">\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\/07\/egypt-and-france-carry-out-joint-military-drills\/\">\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 and France carry out joint military drills&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-and-france-carry-out-joint-military-drills\/\">\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\/07\/egypt-and-france-carry-out-joint-military-drills\/&title=Egypt and France carry out joint military drills\">\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+and+France+carry+out+joint+military+drills+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Fegypt-and-france-carry-out-joint-military-drills%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\/07\/egypt-and-france-carry-out-joint-military-drills\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595840\" class=\"content-area-description single-story post-595840 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-france tag-national-security tag-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egyptian and French naval forces have carried out joint military drills in the Mediterranean, the armed forces <a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/photos\/a.219625808168409\/1658942220903420\/?type=3&theater\">said in a statement<\/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\/france\/\">France<\/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\/security\/\">security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"595841\" 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=\"595841\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/caf-fines-zamalek-usd-22-5k-over-disorderly-fan-behavior\/\">\r\n                            CAF fines Zamalek USD 22.5k over disorderly fan behavior                        <\/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\/07\/caf-fines-zamalek-usd-22-5k-over-disorderly-fan-behavior\/\" 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\/07\/caf-fines-zamalek-usd-22-5k-over-disorderly-fan-behavior\/')\">\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\/07\/caf-fines-zamalek-usd-22-5k-over-disorderly-fan-behavior\/\">\n                    Facebook 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               <!-- <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=CAF+fines+Zamalek+USD+22.5k+over+disorderly+fan+behavior+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Fcaf-fines-zamalek-usd-22-5k-over-disorderly-fan-behavior%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\/07\/caf-fines-zamalek-usd-22-5k-over-disorderly-fan-behavior\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595841\" class=\"content-area-description single-story post-595841 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports tag-zamalek wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Confederation of African Football (CAF) has fined Zamalek USD 22.5k for disorderly fan behavior during a match with Morocco\u2019s RS Berkane in Alexandria, according to the organization\u2019s <a href=\"https:\/\/images.cafonline.com\/image\/upload\/caf-prd\/yjcetbvsvy7lx1xoxtxt.pdf\">disciplinary board (pdf)<\/a>. The board said that Zamelek\u2019s fans used lasers, \u201cexcessive\u201d smoke and flares, and threw water bottles after the team won the match via a penalty shootout. The Moroccan team has also been fined USD 30k for \u201caggressive gestures\u201d towards officials.<\/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\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/zamalek\/\">Zamalek<\/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=\"595842\" 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=\"595842\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/famed-us-author-toni-morrison-dies-aged-88\/\">\r\n                            Famed US author Toni Morrison dies aged 88                        <\/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\/07\/famed-us-author-toni-morrison-dies-aged-88\/\" 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\/07\/famed-us-author-toni-morrison-dies-aged-88\/')\">\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\/07\/famed-us-author-toni-morrison-dies-aged-88\/\">\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=Famed US author Toni Morrison dies aged 88&url=https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/famed-us-author-toni-morrison-dies-aged-88\/\">\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\/07\/famed-us-author-toni-morrison-dies-aged-88\/&title=Famed US author Toni Morrison dies aged 88\">\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=Famed+US+author+Toni+Morrison+dies+aged+88+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F08%2F07%2Ffamed-us-author-toni-morrison-dies-aged-88%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\/07\/famed-us-author-toni-morrison-dies-aged-88\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/1065.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"595843\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/famed-us-author-toni-morrison-dies-aged-88\/1065-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/1065.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1065.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/1065.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/1065.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595842\" class=\"content-area-description single-story post-595842 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam tag-literature wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Tributes are pouring in for US author Toni Morrison, who died on Monday evening aged 88,<\/b> <a href=\"https:\/\/www.nytimes.com\/2019\/08\/06\/books\/toni-morrison-dead.html\">we learned yesterday<\/a>. She was a famed novelist \u2014 with books including Beloved, Song of Solomon, and The Bluest Eye \u2014 as well as an essayist, playwright, and teacher. She received multiple awards throughout her life, including the Pulitzer prize, the Nobel prize, the L\u00e9gion d\u2019Honneur and a Presidential Medal of Freedom. Perhaps most importantly, she was a strong and iconic voice chronicling the African American experience.<\/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\/literature\/\">literature<\/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=\"595846\" 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=\"595846\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/the-market-yesterday-306\/\">\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\/07\/the-market-yesterday-306\/\" 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\/07\/the-market-yesterday-306\/')\">\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\/07\/the-market-yesterday-306\/\">\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\/07\/the-market-yesterday-306\/\">\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\/07\/the-market-yesterday-306\/&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%2F07%2Fthe-market-yesterday-306%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\/07\/the-market-yesterday-306\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595846\" class=\"content-area-description single-story post-595846 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\n<p><b>EGP \/ USD CBE market average: <\/b>Buy 16.49 | Sell 16.62<b><br \/>\n EGP \/ USD at CIB:<\/b> Buy 16.49 | Sell 16.59<br \/>\n <b>EGP \/ USD at NBE: <\/b>Buy 16.51 | Sell 16.61<\/p>\n<p><b>EGX30<\/b> (Tuesday): 13,656 (+0.4%)<br \/>\n <b>Turnover:<\/b> EGP 2.2 bn (275% above the 90-day average)<br \/>\n <b>EGX 30 year-to-date<\/b>: +4.8%<\/p>\n<p><b>THE MARKET ON TUESDAY:<\/b> The EGX30 ended Tuesday\u2019s session up 4.8%. CIB, the index\u2019s heaviest constituent, was unchanged. EGX30\u2019s top performing constituents were Ezz Steel up 4.7%, Sidi Kerir Petrochemicals up 4.2%, and Ibnsina Pharma up 3.3%. Yesterday\u2019s worst performing stocks were Orascom Development Egypt down 3.1%, Orascom Investment Holding 2.2% and Elsewedy Electric 1.6%. The market turnover was EGP 2.2 bn, and foreign investors were the sole net sellers.<\/p>\n<p><b>Foreigners<\/b>: Net short | EGP -990.7 mn<br \/>\n <b>Regional<\/b>: Net long | EGP +110.0 mn<br \/>\n <b>Domestic<\/b>: Net long | EGP +880.7 mn<\/p>\n<p><b>Retail<\/b>: 15.8% of total trades | 20.3% of buyers | 11.2% of sellers<br \/>\n <b>Institutions<\/b>: 84.2% of total trades | 79.7% of buyers | 88.8% of sellers<\/p>\n<p><b>WTI:<\/b> USD 53.51 (-0.22%)<br \/>\n <b>Brent:<\/b> USD 58.82 (-0.20%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.10 MMBtu, (-0.43%, September 2019 contract)<br \/>\n <b>Gold:<\/b> USD 1,491.30\/ troy ounce (+0.48%)<\/p>\n<p><b>TASI:<\/b> 8,394.07 (-0.84%) (YTD: +7.25%)<br \/>\n <b>ADX:<\/b> 5,080.97 (-0.04%) (YTD: +3.38%)<br \/>\n <b>DFM:<\/b> 2,796.98 (-0.10%) (YTD: +10.56%)<br \/>\n <b>KSE Premier Market:<\/b> 6,706.89 (-0.3%)<br \/>\n <b>QE:<\/b> 9,777.47 (-1.49%) (YTD: -5.06%)<br \/>\n <b>MSM:<\/b> 3,803.25 (+0.38%) (YTD: -12.04%)<br \/>\n <b>BB: <\/b>1,545.20 (+0.04%) (YTD: +15.55%)<\/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\/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=\"595847\" 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\/07\/595847\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-595847\" class=\"content-area-description single-story post-595847 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>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>1 September (Sunday): Islamic New Year (TBC), national holiday.<\/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>28 October-31 October (Monday-Thursday): A Cairo court <a href=\"https:\/\/alborsaanews.com\/2019\/08\/06\/1233322\">will rule<\/a> into the stock manipulation case, in which Gamal and Alaa Mubarak are involved in along with seven other defendants.<\/p>\n<p>29-30 October (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>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>11-13 November (Monday-Wednesday): <a href=\"https:\/\/africainvestmentforum.com\/\">Africa Investment Forum<\/a>, Gauteng, South Africa.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.mactech.com.eg\/\">Machtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.transpotech-eg.com\/\">Transpotech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.airtech-eg.com\/\">Airtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>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\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":595815,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-595814","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"6edcb33f-2040-4820-9892-2e7b9b4804cc","teaser":"","photo_url":"https:\/\/ent.news\/2016\/8\/241.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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