{"id":597031,"date":"2019-07-15T04:18:59","date_gmt":"2019-07-15T04:18:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=597031"},"modified":"2025-12-16T19:38:47","modified_gmt":"2025-12-16T19:38:47","slug":"an-amended-ngos-act-could-soon-see-the-light","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/an-amended-ngos-act-could-soon-see-the-light\/","title":{"rendered":"An amended NGOs Act could soon see the light"},"content":{"rendered":"<section id=\"597033\" 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=\"597033\">\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\/07\/15\/what-were-tracking-on-15-july-2019\/\">\r\n                            What we\u2019re tracking on 15 July 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\/07\/15\/what-were-tracking-on-15-july-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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Al Mashat also separately discussed the preparation of videos and photos for the ministry\u2019s tourism promotion campaign with well-known social media influencer and founder of <a href=\"https:\/\/www.beautifuldestinations.com\/\">Beautiful Destinations<\/a>, Jeremy Johnson, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/337947\/Egypt\/Politics-\/Egypts-tourism-minister-meets-Beautiful-Destinatio.aspx\">reports Ahram Online<\/a>. The ministry signed a protocol with Johnson\u2019s company <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/10\/egypts-al-mashat-meets-tourism-ministers-travel-agencies-at-itb-berlin\/\">last March<\/a> on the sidelines of the ITB Berlin tourism expo.<\/p><p><b>Will the Export Subsidy Fund decide on the new export subsidies framework this week?<\/b> The board of the Export Subsidy Fund will meet today to discuss the new framework through which it will disburse some EGP 6 bn annually in export subsidies, <a href=\"https:\/\/www.youm7.com\/story\/2019\/7\/14\/%D8%BA%D8%AF%D8%A7-%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%AF%D8%B9%D9%85-%D8%A7%D9%84%D8%B5%D8%A7%D8%AF%D8%B1%D8%A7%D8%AA-%D9%8A%D8%A8%D8%AD%D8%AB-%D8%A7%D9%84%D8%A8%D8%B1%D9%86%D8%A7%D9%85%D8%AC-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF-%D9%84%D8%B1%D8%AF-%D8%A7%D9%84%D8%A3%D8%B9%D8%A8%D8%A7%D8%A1\/4331780\">Youm7 reports<\/a>. The meeting comes as the government looks to transition export subsidies payments from a cash-based program to an incentive-based program. The finance and trade ministries held meetings <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/23\/egypt-to-dedicate-egp-6-bn-annually-in-the-budget-for-exports-subsidies\/\">last month<\/a> to discuss allowing exporters to net overdue subsidies off against their taxes. The move comes as part of the government\u2019s effort to make good on what is claimed to be <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/18\/whats-happening-with-the-promised-release-of-export-subsidy-funds-ask-egypts-exporters\/\">some EGP 12 bn<\/a> owed to Egyptian exporters by the Export Subsidy Fund since last year. Government sources tell the newspaper that the meeting will see a decision on the framework.<\/p><p><b>The government is planning to send <\/b><a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/07\/government-to-send-cash-subsidies-act-to-parliament-next-week-4\/\"><b>the Social Welfare Act<\/b><\/a><b> to the House of Representatives this week<\/b> so that it can be voted on during the current parliamentary session, sources from the Social Solidarity Ministry <a href=\"https:\/\/alborsaanews.com\/2019\/07\/14\/1224393\">told the local press<\/a>.<\/p><p><b>SWF boss to be announced by September:<\/b> We could find out who will be helming our EGP 200 bn sovereign wealth fund by September, by which time the fund\u2019s board of directors will have interviewed the four candidates on the final shortlist, Planning Minister Hala El Said <a href=\"https:\/\/hapijournal.com\/2019\/07\/14\/%D8%AF-%D9%87%D8%A7%D9%84%D8%A9-%D8%A7%D9%84%D8%B3%D8%B9%D9%8A%D8%AF-%D8%AD%D8%B3%D9%85-%D9%85%D9%86%D8%B5%D8%A8-%D8%A7%D9%84%D9%85%D8%AF%D9%8A%D8%B1-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%8A\/\">tells Hapi Journal<\/a>. The minister gave no details on who made the short list.<\/p><p class=\"web-image\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-07-14\/central-banks-launch-growth-mission-with-arsenals-questioned?srnd=premium-middle-east\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2791.jpg?ssl=1\"><\/a><\/p><p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <b>Fed easing to \u201cdisappoint\u201d markets -Wells Fargo:<\/b> The US Federal Reserve will not meet market expectations for 65-70 bps-worth of rate cuts this year, Michael Schumacher, global head of rate strategy at Wells Fargo Securities, told CNBC (<a href=\"https:\/\/www.cnbc.com\/2019\/07\/12\/the-fed-could-be-about-to-disappoint-the-market-well-fargo-securities.html\">watch, runtime: 06:46<\/a>). Wells Fargo is predicting that the central bank will make two cuts totaling 50bps before the end of the year.<\/p><p><b>Central banks are running out of ammo:<\/b> Whether it cuts rates by 50 bps or 75 bps, the Fed along with the world\u2019s other systemic central banks are running low on policy tools with which to fight the next economic downturn, Enda Curran <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-07-14\/central-banks-launch-growth-mission-with-arsenals-questioned?srnd=premium-middle-east\">writes in Bloomberg<\/a>. Economic expansion and inflation remain muted, despite the negative rates at the Bank of Japan and the European Central Bank, and the 2.5% Fed rate, which is historically low for this stage of the economic cycle. And what leeway central banks do have to cut rates further will not necessarily help to counter the damaging effects of the trade war or boost inflation. \u201cThere are limits on what further monetary easing can achieve,\u201d Australian central bank Governor Philip Lowe said last month. \u201cYou still get benefit from it, but there are limits.\u201d<\/p><hr class=\"grey-line\"><p><b>Is Deutsche Bank\u2019s <\/b><a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/08\/what-were-tracking-on-8-july-2019-2\/\"><b>substantial downsizing<\/b><\/a><b> a sign of what\u2019s to come?<\/b> An \u201cautomation revolution\u201d is squeezing out inefficient or underperforming institutions, <a href=\"https:\/\/www.ft.com\/content\/f5965de0-a180-11e9-974c-ad1c6ab5efd1\">says the Financial Times<\/a>, with investment banks the world over now fighting for their market share of dwindling revenues. Machine-reliant high-speed traders like XTX Markets are taking up an increasing share (currently 12%) of the European stock-trading market. And where equities are heading, other markets are following: Electronic trading handled 28% of the total volume in the US corporate bond market in May this year, compared to just under a fifth in 1Q2018.<\/p><hr class=\"grey-line\"><p><b>The Trump administration is preparing to slap Turkey with fresh sanctions<\/b> after Ankara began receiving parts of a Russian missile system, people familiar with the matter said, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-07-13\/trump-aides-pick-sanctions-to-punish-turkey-for-russian-missiles\">according to Bloomberg<\/a>. The sanctions could be announced in the coming days, but the US administration wants to wait until after Monday\u2019s third anniversary of the 2016 attempted coup against Erdogan to avoid feeding into conspiracy theories that the US was responsible.<\/p><p><b>Aramco raises fuel prices for the second time in three months:<\/b> Saudi Aramco raised domestic prices of 95 and 91 octane for the <a href=\"https:\/\/www.reuters.com\/article\/us-saudi-gasoline-prices\/saudi-aramco-increases-gasoline-prices-starting-april-14-statement-idUSKCN1RP0QK\">second time in three months<\/a> on Sunday as it attempts to improve the country\u2019s energy efficiency and lessen its dependence on oil, <a href=\"https:\/\/www.reuters.com\/article\/saudi-gasoline-aramco\/saudi-arabia-raises-local-gasoline-prices-idUSL8N24E0KI\">Reuters reports<\/a>. 91 octane prices rose to SAR 1.53 per liter from SAR 1.44 and 95 octane increased to SAR 2.18 from SAR 2.10.<\/p><p>In international miscellany:<\/p><ul>\n<li><b>An IMF-sanctioned sales taxes increase in Pakistan prompted strikes<\/b> at \u201chundreds of thousands\u201d of Pakistani businesses in Karachi, <a href=\"https:\/\/www.apnews.com\/174fce9f6e49439f91f0b661dd9199a6\">reports the AP<\/a>. The fund approved <a href=\"https:\/\/www.rferl.org\/a\/imf-approves-6-billion-loan-for-pakistan\/30035665.html\">earlier this month<\/a> a USD 6 bn facility to support reform in the South Asian country.<\/li>\n<li><b>Trump\u2019s exit of Iran nuclear agreement was \u201cto spite\u201d Obama:<\/b> More leaked diplomatic cables from British Ambassador Kim Darroch included a memo indicating that US President Donald Trump exited the 2015 Iran nuclear pact as \u201can act of diplomatic vandalism\u201d against predecessor Barack Obama, <a href=\"https:\/\/apnews.com\/7894d6dc1d1c4a3b9747558553ddcdbf\">reports the Associated Press<\/a>.<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking\/\">banking<\/a>\n                <!-- <span 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data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597035\" 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=\"597035\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/a-humdrum-night-for-egypts-talk-shows\/\">\r\n                            A humdrum night for Egypt\u2019s talk shows                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" 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\/07\/15\/a-humdrum-night-for-egypts-talk-shows\/\" 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\/07\/15\/a-humdrum-night-for-egypts-talk-shows\/')\">\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\/07\/15\/a-humdrum-night-for-egypts-talk-shows\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=A humdrum night for Egypt\u2019s talk shows&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/a-humdrum-night-for-egypts-talk-shows\/\">\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\/07\/15\/a-humdrum-night-for-egypts-talk-shows\/&title=A humdrum night for Egypt\u2019s talk shows\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=A+humdrum+night+for+Egypt%E2%80%99s+talk+shows+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fa-humdrum-night-for-egypts-talk-shows%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/a-humdrum-night-for-egypts-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597035\" class=\"content-area-description single-story post-597035 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-agriculture tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-healthcare wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Another humdrum night on the airwaves: <\/b>President Abdel Fattah El Sisi\u2019s meeting with the cabinet economic committee, the state\u2019s new health insurance scheme, and a military-owned greenhouse project all got attention on last night\u2019s talk shows.<\/p>\n<p><b>Recapping socioeconomic indicators: <\/b>Hona Al Asema\u2019s Reham Ibrahim highlighted El Sisi\u2019s meeting with the group, which gave a rundown on key FY2018-2019 social and economic indicators (<a href=\"https:\/\/www.youtube.com\/watch?v=ITjWTugQuK0&feature=youtu.be\">watch, runtime: 2:31<\/a>).<\/p>\n<p><b>Gov\u2019t to fully cover the cost of tumor, chronic disease meds under universal healthcare scheme:<\/b> Al Hayah Al Youm\u2019s Lobna Assal also took note of statements by health insurance director Ahmed El Sobky that the government will cover 90% of the cost of daily medications and 100% of meds used for the treatment of tumors and chronic diseases of 67k families registered in Port Said under the new healthcare system (<a href=\"https:\/\/www.youtube.com\/watch?v=Z-4kUJZ__mc\">watch, runtime: 0:48<\/a>).<\/p>\n<p><b>Assal also went on a tour of a greenhouse recently inaugurated at Mohamed Naguib military base <\/b>on the Cairo-Alamein road and interviewed the chairman of the army-owned company that runs the project. Much of the project\u2019s produce is exported, and we are seeing high demand from importers, but the priority remains for the local market, he said (<a href=\"https:\/\/www.youtube.com\/watch?v=lGKUD6kBqJE\">watch, runtime: 1:08<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/agriculture\/\">agriculture<\/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\/healthcare\/\">healthcare<\/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=\"597036\" 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=\"597036\">\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\/07\/15\/egypts-new-ngos-act-receives-preliminary-house-approval\/\">\r\n                            Egypt\u2019s new NGOs Act receives preliminary House approval                        <\/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\/07\/15\/egypts-new-ngos-act-receives-preliminary-house-approval\/\" 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\/07\/15\/egypts-new-ngos-act-receives-preliminary-house-approval\/')\">\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\/07\/15\/egypts-new-ngos-act-receives-preliminary-house-approval\/\">\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 new NGOs Act receives preliminary House approval&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/egypts-new-ngos-act-receives-preliminary-house-approval\/\">\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\/07\/15\/egypts-new-ngos-act-receives-preliminary-house-approval\/&title=Egypt\u2019s new NGOs Act receives preliminary House approval\">\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+new+NGOs+Act+receives+preliminary+House+approval+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fegypts-new-ngos-act-receives-preliminary-house-approval%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\/07\/15\/egypts-new-ngos-act-receives-preliminary-house-approval\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/3175.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597037\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/egypts-new-ngos-act-receives-preliminary-house-approval\/3175-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/3175.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"3175.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/3175.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/3175.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597036\" class=\"content-area-description single-story post-597036 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-civil-society tag-enterpriseam tag-legislation tag-ngos-act tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <b>LEGISLATION WATCH- New NGOs Act receives preliminary House approval: <\/b>The House of Representatives has approved \u201cin principle\u201d the proposed NGOs Act that would replace the controversial <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/30\/ngos-bill-signed-into-law\/\">2017 legislation<\/a>, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1412455\">reports Al Masry Al Youm<\/a>. The new legislation, the full draft of which is <a href=\"https:\/\/www.youm7.com\/story\/2019\/7\/14\/%D9%86%D9%86%D8%B4%D8%B1-%D9%86%D8%B5-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%AA%D9%86%D8%B8%D9%8A%D9%85-%D8%A7%D9%84%D8%B9%D9%85%D9%84-%D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%89-%D8%A8%D8%B9%D8%AF-%D9%85%D9%88%D8%A7%D9%81%D9%82%D8%A9-%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86\/4333501\">available here courtesy of Youm7<\/a>, would scrap prison sentences imposed on violators of the law. It would also allow up to 25% of organizations\u2019 board of directors to be foreign residents, up from 10% under the old law. Foreign NGOs would still be allowed to operate in the country following approval by the relevant minister. Local organizations would also still able to open offices in other countries and receive donor money. Other new stipulations under the law include:<\/p>\n<p><b>\u064bA central authority under the relevant ministry<\/b> (which we take is the Social Solidarity Ministry) would be set up to supervise civil society groups. The authority would also be mandated with conducting studies and compiling statistics on Egyptian civil society. It would be financed through state\u2019s coffers, as well as through service fees collected from the organizations under its auspices.<\/p>\n<p><b>Civil society organizations would be able to set up companies and investment funds <\/b>to support their activities after obtaining approval from the minister. Any profits made from those ventures would have to be directed to charity or other social cause.<\/p>\n<p><b>Organizations that were previously placed on a terror list and\/or convicted in terrorism-related crimes would no longer be allowed to operate<\/b>, and all funds under their name would be channeled into a fund to support civil society organizations.<\/p>\n<p><b>NGOs still can\u2019t partake in politics: <\/b>The original law forbids NGOs from participating in political activities whether through funding, endorsement, or otherwise. According to the leaked draft, this stipulation remains unchanged.<\/p>\n<p><b>What\u2019s next? <\/b>The law is expected to receive a final vote at the House general assembly before being signed into law by President Abdel Fattah El Sisi, who had directed his government <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/05\/are-amendments-to-egypts-contentious-ngos-act-in-the-offing\/\">late last year<\/a> to amend the controversial law.<\/p>\n<p><b>Why was the original law contentious? <\/b>The NGO law passed in 2017 placed sharp restrictions on civil society and was roundly criticized by NGOs and the global press. The act has come under fire several times, including from <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/04\/three-us-republican-senators-condemn-new-ngo-act-calling-it-draconian-and-repressive\/\">Republican senators<\/a> and the US Congress\u2019 <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/07\/us-congress-tom-lantos-human-rights-commission-criticizes-egypts-human-rights-record-post-2011\/\">human rights commission<\/a>. Domestic NGOs and international rights groups uniformly said it could lead to the shutdown of many groups, since taking up donations required advance approval from the state.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/civil-society\/\">civil society<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ngos-act\/\">NGOs Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597045\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597046\" 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=\"597046\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/does-currency-devaluation-actually-increase-exports-in-emerging-markets\/\">\r\n                            Does currency devaluation actually increase exports in emerging markets?                        <\/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\/07\/15\/does-currency-devaluation-actually-increase-exports-in-emerging-markets\/\" 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\/07\/15\/does-currency-devaluation-actually-increase-exports-in-emerging-markets\/')\">\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\/07\/15\/does-currency-devaluation-actually-increase-exports-in-emerging-markets\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Does currency devaluation actually increase exports in emerging markets?&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/does-currency-devaluation-actually-increase-exports-in-emerging-markets\/\">\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\/07\/15\/does-currency-devaluation-actually-increase-exports-in-emerging-markets\/&title=Does currency devaluation actually increase exports in emerging markets?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Does+currency+devaluation+actually+increase+exports+in+emerging+markets%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fdoes-currency-devaluation-actually-increase-exports-in-emerging-markets%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\/07\/15\/does-currency-devaluation-actually-increase-exports-in-emerging-markets\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/980.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597047\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/does-currency-devaluation-actually-increase-exports-in-emerging-markets\/980-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/980.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"980.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/980.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/980.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597046\" class=\"content-area-description single-story post-597046 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-bank-of-international-settlements tag-currencies tag-enterpriseam tag-the-macro-picture tag-trade 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-06\"><\/a> <b>Currency devaluation increases exports, right? Not always.<\/b> The depreciation of emerging-market currencies may actually result in falling exports, research by the <a href=\"https:\/\/www.bis.org\/publ\/arpdf\/ar2019e2.htm\">Bank of International Settlements<\/a> (BIS) and the <a href=\"https:\/\/www.ft.com\/content\/96c34288-9f14-11e9-9c06-a4640c9feebb\">FT<\/a> suggests. Conventional wisdom tells us that a weakening currency makes exporters more competitive in the international market, causing an increase in orders and boosting economic output. But as the above chart illustrates, some emerging markets saw only a meager rise in exports last year, even though local currencies depreciated against the USD in 2016. Colombia even saw exports shrink, despite the COP losing around 10% of its value. Classical economic theorists may pat themselves on the back when looking at Egypt\u2019s impressive export volumes, but only manage a shrug when it comes to explaining the fates of South Africa, Taiwan and Peru.<\/p>\n<p><b>What\u2019s going on?<\/b> The BIS pinpoints five factors that can depress export growth in EMs during currency devaluation:<\/p>\n<ul>\n<li><b>Export prices don\u2019t always change in response to the exchange rate,<\/b> especially in EMs where almost all of the trade is denominated in USD. In these cases, a weakening currency would increase the cost of imports but would do little to increase the competitiveness of exporters.<\/li>\n<li><b>The greenback often rises and falls against other currencies in unison,<\/b> leading to falling demand for USD-denominated exports in other countries.<\/li>\n<li><b>Trade finance is usually denominated in USD,<\/b> and becomes more expensive to access when the currency is weakening.<\/li>\n<li><b>Modern value chains are complex,<\/b> increasing the input costs for businesses and raising dependency on trade finance. This problem is only magnified by devaluation.<\/li>\n<li><b>Increasing capital flows into EMs<\/b> has meant that many EM businesses have become increasingly reliant on foreign currency-denominated borrowing. This results in rising debt servicing costs and tighter financial conditions when the currency weakens against the USD.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bank-of-international-settlements\/\">Bank of International Settlements<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/currencies\/\">currencies<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597048\" 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=\"597048\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/egypt-in-the-news-on-15-july-2019\/\">\r\n                            Egypt in the news on 15 July 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\/07\/15\/egypt-in-the-news-on-15-july-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\/07\/15\/egypt-in-the-news-on-15-july-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\/07\/15\/egypt-in-the-news-on-15-july-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 15 July 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/egypt-in-the-news-on-15-july-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\/07\/15\/egypt-in-the-news-on-15-july-2019\/&title=Egypt in the news on 15 July 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+15+July+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fegypt-in-the-news-on-15-july-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\/07\/15\/egypt-in-the-news-on-15-july-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597048\" class=\"content-area-description single-story post-597048 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-ancient-egypt tag-education tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>It is a blessedly slow morning for Egypt in the foreign press.<\/b> The reopening of two of the country\u2019s oldest pyramids after more than 50 years, which <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/14\/egypt-opens-bent-pyramid-of-sneferu-to-public-after-restoration\/\">we took note of yesterday<\/a>, is by and large the only story getting digital ink: <a href=\"https:\/\/www.nytimes.com\/aponline\/2019\/07\/13\/world\/middleeast\/ap-ml-egypt-antiquities.html?searchResultPosition=3\">AP<\/a> | <a href=\"https:\/\/www.thenational.ae\/world\/mena\/egypt-opens-bent-pyramid-to-visitors-for-first-time-since-1965-1.885921\">AFP<\/a> | <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-7244199\/Egypt-opens-2-ancient-pyramids-time-1960s.html\">Daily Mail<\/a> | <a href=\"https:\/\/www.itv.com\/news\/2019-07-14\/two-of-egypts-oldest-pyramids-reopened-to-tourists-for-first-time-in-more-than-50-years\/\">ITV<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ancient-egypt\/\">Ancient Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/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=\"597049\" 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=\"597049\">\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\">ON THE FRONT PAGES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/el-sisis-meeting-with-egypts-cabinet-economic-group-tops-front-pages\/\">\r\n                            El Sisi\u2019s meeting with Egypt\u2019s cabinet economic group tops front pages                        <\/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 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group tops front pages\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi%E2%80%99s+meeting+with+Egypt%E2%80%99s+cabinet+economic+group+tops+front+pages+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fel-sisis-meeting-with-egypts-cabinet-economic-group-tops-front-pages%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\/07\/15\/el-sisis-meeting-with-egypts-cabinet-economic-group-tops-front-pages\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597049\" class=\"content-area-description single-story post-597049 post type-post status-publish format-standard hentry category-on-the-front-pages tag-abdel-fattah-el-sisi tag-enterpriseam tag-on-the-front-pages wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>President Abdel Fattah El Sisi\u2019s meeting with the cabinet economic group<\/b> to review last fiscal year\u2019s social and economic indicators topped the front page of <a href=\"https:\/\/www.pressreader.com\/egypt\/al-akhbar\">Al Akhbar<\/a>. We recap the story above in Last Night\u2019s Talk Shows.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-front-pages\/\">On The Front Pages<\/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=\"597050\" 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=\"597050\">\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\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/how-egypts-new-cities-program-underwent-a-total-transformation\/\">\r\n                            How Egypt\u2019s new cities program underwent a total transformation                        <\/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\/07\/15\/how-egypts-new-cities-program-underwent-a-total-transformation\/\" 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\/07\/15\/how-egypts-new-cities-program-underwent-a-total-transformation\/')\">\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\/07\/15\/how-egypts-new-cities-program-underwent-a-total-transformation\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=How Egypt\u2019s new cities program underwent a total transformation&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/how-egypts-new-cities-program-underwent-a-total-transformation\/\">\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\/07\/15\/how-egypts-new-cities-program-underwent-a-total-transformation\/&title=How Egypt\u2019s new cities program underwent a total transformation\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=How+Egypt%E2%80%99s+new+cities+program+underwent+a+total+transformation+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fhow-egypts-new-cities-program-underwent-a-total-transformation%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\/07\/15\/how-egypts-new-cities-program-underwent-a-total-transformation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2799.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597051\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/how-egypts-new-cities-program-underwent-a-total-transformation\/2799-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2799.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2799.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2799.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2799.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597050\" class=\"content-area-description single-story post-597050 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-new-urban-communities-authority tag-urban-development tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <b>How Egypt\u2019s new cities program underwent a total transformation:<\/b> Egypt\u2019s new cities program has undergone a radical shift from <a href=\"http:\/\/open_jicareport.jica.go.jp\/pdf\/11893427_03.pdf\">what was first envisaged (pdf)<\/a> in the 1950s and 60s: The development of satellite cities to absorb the strain of a rapidly growing population. When the New Urban Communities Authority (NUCA) started selling increasing amounts of land to luxury developers in the 1990s, places like Sheikh Zayed \u2014 originally intended to be a mixed-income city \u2014 were transformed into \u201cenclaves for wealthy Cairenes eager to escape the chaos of the capital,\u201d <a href=\"https:\/\/www.theguardian.com\/cities\/2019\/jul\/10\/new-cities-in-the-sand-inside-egypts-dream-to-conquer-the-desert\">Rachel Keeton and Michelle Provoost argue<\/a> in this excerpt from their book <a href=\"http:\/\/www.newtowninstitute.org\/spip.php?article1320\">\u201dTo Build a City in Africa.\u201d<\/a> With 22 built or partially-built new cities, inhabited by 7 mn, and plans by NUCA to build 19 more, they ask to what extent the program is succeeding, and where it can go from here.<\/p>\n<p><b>Satellite cities have not solved \u2018population pressures\u2019: <\/b>10th Ramadan is home to 650k inhabitants, mainly industrial workers and their families, although NUCA\u2019s target is 2.1 mn by 2023. The economic incentives that led people to settle there in the 1970s and 80s have waned, and while low-income housing development perseveres, infrastructure is poor. Meanwhile, Sheikh Zayed\u2019s 330k inhabitants are less than half the number targeted, in large part because it is outside the price bracket of all but the very wealthy: 71% live in luxury accommodation, while only 15% live in low-income housing.<\/p>\n<p><b>The question of where to go from here remains unanswered:<\/b> The investment pouring into <a href=\"https:\/\/www.theguardian.com\/cities\/2018\/may\/08\/cairo-why-egypt-build-new-capital-city-desert\">Egypt\u2019s 700 sqkm new capital<\/a>, which is intended to house as many as 6.5 mn people, shows that the building boom is far from letting up. Land prices continue to increase (NUCA is expected to <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/03\/nuca-to-hike-land-prices-by-15-20-in-2019\/\">raise prices by 15-20%<\/a> in 2019 alone) and developers themselves are quick to point out that <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/11\/my-morning-routine-haitham-mohamed-chief-executive-officer-at-ora-developers\/\">land is a scarce resource<\/a>. NUCA has recently <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/19\/egypt-to-begin-tendering-land-under-new-mechanism\/\">issued a new regulatory framework<\/a> to handle requests for the allocation of land for mixed-use projects. But securing investment while meeting the housing needs of a rapidly growing population remains somewhat of a balancing act. <a href=\"https:\/\/www.arabwestreport.info\/en\/egypt%E2%80%99s-desert-dreams-david-sims\">Urban development expert David Sims<\/a> expresses surprise at \u201chow little public land actually directly benefits the masses, and how much of it ends up enriching a few investors.\u201d He believes the push to continue building exists partly because the new cities program \u201cmay be too big to fail.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-urban-communities-authority\/\">New Urban Communities Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/urban-development\/\">urban development<\/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=\"597052\" 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=\"597052\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/could-bacteria-from-the-sea-reduce-light-pollution-and-energy-consumption-this-french-startup-is-banking-on-it\/\">\r\n                            Could bacteria from the sea reduce light pollution and energy consumption? This French startup is banking on it                        <\/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\/07\/15\/could-bacteria-from-the-sea-reduce-light-pollution-and-energy-consumption-this-french-startup-is-banking-on-it\/\" 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\/07\/15\/could-bacteria-from-the-sea-reduce-light-pollution-and-energy-consumption-this-french-startup-is-banking-on-it\/')\">\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\/07\/15\/could-bacteria-from-the-sea-reduce-light-pollution-and-energy-consumption-this-french-startup-is-banking-on-it\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Could bacteria from the sea reduce light pollution and energy consumption? This French startup is banking on it&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/could-bacteria-from-the-sea-reduce-light-pollution-and-energy-consumption-this-french-startup-is-banking-on-it\/\">\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\/07\/15\/could-bacteria-from-the-sea-reduce-light-pollution-and-energy-consumption-this-french-startup-is-banking-on-it\/&title=Could bacteria from the sea reduce light pollution and energy consumption? This French startup is banking on it\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Could+bacteria+from+the+sea+reduce+light+pollution+and+energy+consumption%3F+This+French+startup+is+banking+on+it+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fcould-bacteria-from-the-sea-reduce-light-pollution-and-energy-consumption-this-french-startup-is-banking-on-it%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\/07\/15\/could-bacteria-from-the-sea-reduce-light-pollution-and-energy-consumption-this-french-startup-is-banking-on-it\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/1799.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597053\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/could-bacteria-from-the-sea-reduce-light-pollution-and-energy-consumption-this-french-startup-is-banking-on-it\/1799-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/1799.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1799.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/1799.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/1799.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597052\" class=\"content-area-description single-story post-597052 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Could bacteria from the sea reduce light pollution and energy consumption? This French startup is banking on it. <\/b>Fireflies, glow-worms, and 80% of marine organisms all have the ability to produce light. Now, <a href=\"https:\/\/www.glowee.com\/\">French startup Glowee<\/a> seeks to harness <a href=\"https:\/\/www.nationalgeographic.com\/animals\/reference\/bioluminescence-animals-ocean-glowing\/\">this bioluminescence<\/a> to change the way we light our environment, as shown in this Bloomberg video (<a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2019-07-11\/the-french-startup-making-lighting-from-sea-creatures-video\">watch, runtime: 05:44<\/a>). The process involves experimenting with different variables \u2014 including temperature, feeding, how oxygen is administered, and the type of water the bacteria is kept in \u2014 to find a sustainable and cost-effective way to breed the bacteria in large quantities.<\/p>\n<p><b>The ultimate goal?<\/b> To completely transform our urban lighting systems, replacing harsh LED light with an unlimited and natural source that will help us reduce environmental waste and, they say, enhance our own feelings of well-being.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"597054\" 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=\"597054\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/companies-submit-offers-to-construct-2-15-gw-new-wind-farms-in-egypt\/\">\r\n                            Companies submit offers to construct 2.15 GW new wind farms in Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/companies-submit-offers-to-construct-2-15-gw-new-wind-farms-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/companies-submit-offers-to-construct-2-15-gw-new-wind-farms-in-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/companies-submit-offers-to-construct-2-15-gw-new-wind-farms-in-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Companies submit offers to construct 2.15 GW new wind farms in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/companies-submit-offers-to-construct-2-15-gw-new-wind-farms-in-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/companies-submit-offers-to-construct-2-15-gw-new-wind-farms-in-egypt\/&title=Companies submit offers to construct 2.15 GW new wind farms in Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Companies+submit+offers+to+construct+2.15+GW+new+wind+farms+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fcompanies-submit-offers-to-construct-2-15-gw-new-wind-farms-in-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/companies-submit-offers-to-construct-2-15-gw-new-wind-farms-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597054\" class=\"content-area-description single-story post-597054 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam tag-renewable-energy tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Several independent power producers (IPPs) have reportedly made offers to the Electricity Ministry to construct new wind farms with a combined capacity of 2,150 MW, ministry officials <a href=\"https:\/\/ww.dailynewssegypt.com\/2019\/07\/09\/new-offers-from-arab-international-companies-to-launch-2150mw-wind-farms\/\">told the local press<\/a>. The companies are based in China, Germany, the US, and Saudi Arabia, and have proposed projects under engineering, procurement, and construction (EPC) + finance or build-own-operate (BOO) frameworks. The offers will be studied by a committee comprising representatives from the Egyptian Electricity Transmission Company, the New and Renewable Energy Authority, and the Egyptian Electricity Holding Company.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597056\" 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=\"597056\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/egypt-begins-talks-with-chinese-european-consortium-to-build-new-capital-control-center\/\">\r\n                            Egypt begins talks with Chinese-European consortium to build new capital control center                        <\/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\/07\/15\/egypt-begins-talks-with-chinese-european-consortium-to-build-new-capital-control-center\/\" 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\/07\/15\/egypt-begins-talks-with-chinese-european-consortium-to-build-new-capital-control-center\/')\">\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\/07\/15\/egypt-begins-talks-with-chinese-european-consortium-to-build-new-capital-control-center\/\">\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 begins talks with Chinese-European consortium to build new capital control center&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/egypt-begins-talks-with-chinese-european-consortium-to-build-new-capital-control-center\/\">\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\/07\/15\/egypt-begins-talks-with-chinese-european-consortium-to-build-new-capital-control-center\/&title=Egypt begins talks with Chinese-European consortium to build new capital control center\">\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+begins+talks+with+Chinese-European+consortium+to+build+new+capital+control+center+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fegypt-begins-talks-with-chinese-european-consortium-to-build-new-capital-control-center%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\/07\/15\/egypt-begins-talks-with-chinese-european-consortium-to-build-new-capital-control-center\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597056\" class=\"content-area-description single-story post-597056 post type-post status-publish format-standard hentry category-infrastructure tag-china tag-egyptian-electricity-holding-company tag-electricity tag-enterpriseam tag-germany tag-infrastructure tag-new-administrative-capital wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Electricity Ministry has begun talks with China\u2019s State Grid Corporation (SGCC), Siemens, and ABB to build an interactive control center for the new administrative capital, ministry sources <a href=\"https:\/\/alborsaanews.com\/2019\/07\/14\/1224669\">told the local press<\/a>. The Egyptian Electricity Holding Company will use loans it has already secured to finance the project, which the sources estimated will cost between EGP 1-1.3 bn. Egypt already owns six national and regional control centers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-electricity-holding-company\/\">Egyptian Electricity Holding Company<\/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\/germany\/\">Germany<\/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\/new-administrative-capital\/\">new administrative capital<\/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=\"597057\" 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=\"597057\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month\/\">\r\n                            Edita to launch new products, construction on Morocco facility to begin next month                        <\/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\/07\/15\/edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month\/\" 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\/07\/15\/edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month\/')\">\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\/07\/15\/edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month\/\">\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=Edita to launch new products, construction on Morocco facility to begin next month&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month\/\">\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\/07\/15\/edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month\/&title=Edita to launch new products, construction on Morocco facility to begin next month\">\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=Edita+to+launch+new+products%2C+construction+on+Morocco+facility+to+begin+next+month+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fedita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month%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\/07\/15\/edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597057\" class=\"content-area-description single-story post-597057 post type-post status-publish format-standard hentry category-manufacturing tag-edita tag-enterpriseam tag-food tag-manufacturing tag-morocco wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Edita Food Industries aims to launch a number of new products as part of expansion plans, Chairman <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=14072019&id=d3950c37-872d-405b-ab01-800664d2443b\">Hani Berzi said<\/a>, without providing further details or specifying a timeframe. The company also plans to begin the construction of its snack food production facility in Morocco in August, rather than in July as <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/07\/edita-to-break-ground-on-usd-20-mn-morocco-production-facility-this-month\/\">we reported earlier this month<\/a>. The food producer <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/\">last week<\/a> finalized a USD 20 mn loan agreement from the International Finance Corporation (IFC), which it will use for expansion at home and abroad.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/edita\/\">Edita<\/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\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/morocco\/\">Morocco<\/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=\"597058\" 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=\"597058\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\">\r\n                            SODIC signs agreement with NUCA to convert land plot function                        <\/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\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\" 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\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/')\">\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\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\">\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=SODIC signs agreement with NUCA to convert land plot function&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\">\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\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/&title=SODIC signs agreement with NUCA to convert land plot function\">\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=SODIC+signs+agreement+with+NUCA+to+convert+land+plot+function+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fsodic-signs-agreement-with-nuca-to-convert-land-plot-function%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\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597058\" class=\"content-area-description single-story post-597058 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-housing tag-new-urban-communities-authority tag-real-estate tag-real-estate-housing tag-sodic wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>SODIC has signed an agreement with the New Urban Communities Authority (NUCA) to convert the function of a Western Cairo land plot from agricultural to housing, the company said in an <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%d8%b3%d9%88%d8%af%d9%8a%d9%83%20%d8%a8%d9%8a%d8%a7%d9%86-14-07-2019.pdf\">EGX disclosure (pdf)<\/a>. The company expects the new project to be on sale in 4Q2019, it said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/housing\/\">housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-urban-communities-authority\/\">New Urban Communities Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sodic\/\">SODIC<\/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=\"597059\" 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=\"597059\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/te-egypts-etisalat-cooperate-on-virtual-fixed-line-bit-stream-services\/\">\r\n                            TE, Egypt\u2019s Etisalat cooperate on virtual fixed line, bit-stream services                        <\/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\/07\/15\/te-egypts-etisalat-cooperate-on-virtual-fixed-line-bit-stream-services\/\" 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\/07\/15\/te-egypts-etisalat-cooperate-on-virtual-fixed-line-bit-stream-services\/')\">\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\/07\/15\/te-egypts-etisalat-cooperate-on-virtual-fixed-line-bit-stream-services\/\">\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=TE, Egypt\u2019s Etisalat cooperate on virtual fixed line, bit-stream services&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/te-egypts-etisalat-cooperate-on-virtual-fixed-line-bit-stream-services\/\">\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\/07\/15\/te-egypts-etisalat-cooperate-on-virtual-fixed-line-bit-stream-services\/&title=TE, Egypt\u2019s Etisalat cooperate on virtual fixed line, bit-stream services\">\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=TE%2C+Egypt%E2%80%99s+Etisalat+cooperate+on+virtual+fixed+line%2C+bit-stream+services+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fte-egypts-etisalat-cooperate-on-virtual-fixed-line-bit-stream-services%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\/07\/15\/te-egypts-etisalat-cooperate-on-virtual-fixed-line-bit-stream-services\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597059\" class=\"content-area-description single-story post-597059 post type-post status-publish format-standard hentry category-telecoms-ict tag-cit tag-enterpriseam tag-etisalat tag-technology tag-telecom-egypt tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>State-owned Telecom Egypt has signed four agreements with Etisalat Misr to allow the latter to provide virtual fixed line and bit-stream services to its customers through TE\u2019s infrastructure, TE <a href=\"http:\/\/ir.te.eg\/ar\/CorporateNews\/PressRelease\/112\/%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D9%84%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D9%88-%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D9%85%D8%B5%D8%B1-%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D9%86-%D8%A3%D8%B1%D8%A8%D8%B9-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A7%D8%AA-%D9%84%D8%AA%D9%82%D8%AF%D9%8A%D9%85-%D8%AE%D8%AF%D9%85%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D9%88%D8%AA-%D8%A7%D9%84%D8%AB%D8%A7%D8%A8%D8%AA-%D8%A7%D9%84%D8%A7%D9%81%D8%AA%D8%B1%D8%A7%D8%B6%D9%8A-%D9%88%D8%A7%D9%84%D8%A5%D8%AA%D8%A7%D8%AD%D8%A9\">said in a press release (pdf)<\/a>. Under the terms of the bit-stream agreements, \u201cEtisalat Misr will be able to provide its fixed broadband customers with the new VDSL [or very high speed digital subscriber line] technology.\u201d No details were provided on the value of the agreements.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cit\/\">CIT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/etisalat\/\">Etisalat<\/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\/telecom-egypt\/\">Telecom Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597060\" 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=\"597060\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/\">\r\n                            Alamal auto group suspends production of BYD S5 amid low demand                        <\/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\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/\" 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\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/')\">\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\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/\">\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=Alamal auto group suspends production of BYD S5 amid low demand&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/\">\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\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/&title=Alamal auto group suspends production of BYD S5 amid low demand\">\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=Alamal+auto+group+suspends+production+of+BYD+S5+amid+low+demand+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Falamal-auto-group-suspends-production-of-byd-s5-amid-low-demand%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\/07\/15\/alamal-auto-group-suspends-production-of-byd-s5-amid-low-demand\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597060\" class=\"content-area-description single-story post-597060 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive tag-automotive-transportation tag-enterpriseam tag-local-assembly tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Auto assembler Alamal Group is suspending its production of BYD S5 cars due to declining demand, board member Gamal Amin said, <a href=\"https:\/\/almalnews.com\/%D8%A7%D9%84%D8%A3%D9%85%D9%84-%D9%84%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA\/\">Al Mal reports<\/a>. The company originally intended to assemble 50 units per month and sell 600 in 2019, but poor market conditions caused in part by the decision to <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/02\/what-were-tracking-on-02-january-2019\/\">scrap customs on imported European cars<\/a> have forced it to shelve its plans. The company will continue to assemble the model if it receives bespoke requests. Boudy Group, the local distributor for Chinese companies Changhe Automobile and Kenbo, also said <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/11\/boudy-group-freezes-plans-to-assemble-changhe-cars-in-egypt-amid-weak-competition\/\">last week<\/a> it is considering freezing plans to assemble Changhe cars in Egypt due to weak demand. The Egyptian automotive sector has come under pressure this year, with the <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/01\/egypt-automotive-sales-down-8-y-o-y-in-5m2019\/\">latest AMIC report<\/a> showing that car sales fell 10% y-o-y to 41,154 units in the first five months of 2019.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/local-assembly\/\">Local assembly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/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=\"597061\" 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=\"597061\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/egypts-baraka-bank-to-launch-sharia-compliant-daily-return-mutual-fund\/\">\r\n                            Egypt\u2019s Baraka Bank to launch sharia-compliant daily return mutual fund                        <\/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\/07\/15\/egypts-baraka-bank-to-launch-sharia-compliant-daily-return-mutual-fund\/\" 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\/07\/15\/egypts-baraka-bank-to-launch-sharia-compliant-daily-return-mutual-fund\/')\">\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\/07\/15\/egypts-baraka-bank-to-launch-sharia-compliant-daily-return-mutual-fund\/\">\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 Baraka Bank to launch sharia-compliant daily return mutual fund&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/egypts-baraka-bank-to-launch-sharia-compliant-daily-return-mutual-fund\/\">\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\/07\/15\/egypts-baraka-bank-to-launch-sharia-compliant-daily-return-mutual-fund\/&title=Egypt\u2019s Baraka Bank to launch sharia-compliant daily return mutual fund\">\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+Baraka+Bank+to+launch+sharia-compliant+daily+return+mutual+fund+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fegypts-baraka-bank-to-launch-sharia-compliant-daily-return-mutual-fund%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\/07\/15\/egypts-baraka-bank-to-launch-sharia-compliant-daily-return-mutual-fund\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597061\" class=\"content-area-description single-story post-597061 post type-post status-publish format-standard hentry category-banking-finance tag-asset-management tag-banking-finance tag-enterpriseam tag-investment-watch tag-islamic-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Al Baraka Bank is planning to launch a sharia-compliant investment fund that pays out dividends on a daily basis, <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%84%d8%a8%d8%b1%d9%83%d8%a9-%d9%8a%d9%8f%d8%b7%d9%84%d9%82-%d8%b5%d9%86%d8%af%d9%88%d9%82%d9%8b%d8%a7-%d8%a5%d8%b3%d9%84%d8%a7%d9%85%d9%8a%d9%8b%d9%91%d8%a7-%d8%a8%d8%ad%d8%ac\/\">Al Mal reports<\/a>. The EGP 100 mn fund will screen potential investments for compatibility with sharia law. It will invest in EGP-denominated debt and CDs and will be managed by EFG Hermes Asset Management.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/asset-management\/\">asset management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/islamic-finance\/\">Islamic finance<\/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=\"597063\" 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=\"597063\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/capmas-9-7-y-o-y-rise-in-non-egyptians-working-in-private-sector-investment\/\">\r\n                            Capmas: 9.7% y-o-y rise in non-Egyptians working in private sector, investment                        <\/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\/07\/15\/capmas-9-7-y-o-y-rise-in-non-egyptians-working-in-private-sector-investment\/\" 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\/07\/15\/capmas-9-7-y-o-y-rise-in-non-egyptians-working-in-private-sector-investment\/')\">\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\/07\/15\/capmas-9-7-y-o-y-rise-in-non-egyptians-working-in-private-sector-investment\/\">\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=Capmas: 9.7% y-o-y rise in non-Egyptians working in private sector, investment&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/capmas-9-7-y-o-y-rise-in-non-egyptians-working-in-private-sector-investment\/\">\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\/07\/15\/capmas-9-7-y-o-y-rise-in-non-egyptians-working-in-private-sector-investment\/&title=Capmas: 9.7% y-o-y rise in non-Egyptians working in private sector, investment\">\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=Capmas%3A+9.7%25+y-o-y+rise+in+non-Egyptians+working+in+private+sector%2C+investment+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fcapmas-9-7-y-o-y-rise-in-non-egyptians-working-in-private-sector-investment%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\/07\/15\/capmas-9-7-y-o-y-rise-in-non-egyptians-working-in-private-sector-investment\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597063\" class=\"content-area-description single-story post-597063 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-capmas tag-employment tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The number of non-Egyptians working in the private sector and investment in Egypt increase 9.7% y-o-y in 2018, <a href=\"https:\/\/www.capmas.gov.eg\/Pages\/ShowHmeNewsPDF.aspx?page_id=\/Admin\/News\/PressRelease\/2019714113044_666.pdf&Type=News\">according to Capmas statistics<\/a>. The total figures (recorded as 14,777 in 2018 and 13,469 in 2017) included 45.2% from non-Arab Asian countries, 23.9% from European countries, 21.4% from Arab countries, 7.5% from the Americas and Australasia, and only 1% from non-Arab African countries.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/capmas\/\">CAPMAS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/employment\/\">employment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597065\" 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=\"597065\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">Law<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/white-case-acts-as-legal-counsel-for-energean-in-its-acquisition-of-edisons-egypt-assets\/\">\r\n                            White &#038; Case acts as legal counsel for Energean in its acquisition of Edison\u2019s Egypt assets                        <\/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\/07\/15\/white-case-acts-as-legal-counsel-for-energean-in-its-acquisition-of-edisons-egypt-assets\/\" 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\/07\/15\/white-case-acts-as-legal-counsel-for-energean-in-its-acquisition-of-edisons-egypt-assets\/')\">\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\/07\/15\/white-case-acts-as-legal-counsel-for-energean-in-its-acquisition-of-edisons-egypt-assets\/\">\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=White &#038; Case acts as legal counsel for Energean in its acquisition of Edison\u2019s Egypt assets&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/white-case-acts-as-legal-counsel-for-energean-in-its-acquisition-of-edisons-egypt-assets\/\">\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\/07\/15\/white-case-acts-as-legal-counsel-for-energean-in-its-acquisition-of-edisons-egypt-assets\/&title=White &#038; Case acts as legal counsel for Energean in its acquisition of Edison\u2019s Egypt assets\">\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=White+%26%23038%3B+Case+acts+as+legal+counsel+for+Energean+in+its+acquisition+of+Edison%E2%80%99s+Egypt+assets+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fwhite-case-acts-as-legal-counsel-for-energean-in-its-acquisition-of-edisons-egypt-assets%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\/07\/15\/white-case-acts-as-legal-counsel-for-energean-in-its-acquisition-of-edisons-egypt-assets\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597065\" class=\"content-area-description single-story post-597065 post type-post status-publish format-standard hentry category-law tag-energy tag-enterpriseam tag-law tag-mas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>US-based law firm White & Case has acted as buy-side legal counsel for Energean in its acquisition of Edison\u2019s Egypt oil and gas assets, partner and co-head of the EMEA corporate practice <a href=\"https:\/\/www.alborsaanews.com\/2019\/07\/14\/1224899\">Allan Taylor said<\/a>. The USD 750 mn <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/07\/greeces-energean-to-acquire-edisons-oil-and-gas-portfolio-for-usd-750-mn\/\">transaction<\/a>, which saw the Greek energy company acquire the target\u2019s entire oil and gas portfolio in countries other than Egypt, will set up one of the largest independent exploration & production (E&P) companies listed on the exchanges of both London and Tel Aviv, Taylor added.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mas\/\">M&amp;As<\/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=\"597066\" 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=\"597066\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/pm-sets-up-board-of-trustees-to-oversee-reformation-of-business-environment\/\">\r\n                            PM sets up board of trustees to oversee reformation of business environment                        <\/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\/07\/15\/pm-sets-up-board-of-trustees-to-oversee-reformation-of-business-environment\/\" 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\/07\/15\/pm-sets-up-board-of-trustees-to-oversee-reformation-of-business-environment\/')\">\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\/07\/15\/pm-sets-up-board-of-trustees-to-oversee-reformation-of-business-environment\/\">\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=PM sets up board of trustees to oversee reformation of business environment&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/pm-sets-up-board-of-trustees-to-oversee-reformation-of-business-environment\/\">\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\/07\/15\/pm-sets-up-board-of-trustees-to-oversee-reformation-of-business-environment\/&title=PM sets up board of trustees to oversee reformation of business environment\">\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=PM+sets+up+board+of+trustees+to+oversee+reformation+of+business+environment+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fpm-sets-up-board-of-trustees-to-oversee-reformation-of-business-environment%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\/07\/15\/pm-sets-up-board-of-trustees-to-oversee-reformation-of-business-environment\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597066\" class=\"content-area-description single-story post-597066 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam tag-politics tag-regulation wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Prime Minister Moustafa Madbouly issued a decree to set up a board of trustees to handle the logistics for the Initiative for the Reform of the Business Environment (Irada), the cabinet <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/cd.aspx\">said in a statement<\/a>. The board will be headed by Madbouly, and include the investment, planning, finance and trade ministers, among other senior officials. Irada aims to streamline the regulatory environment to make it easier for businesses to operate.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597067\" 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=\"597067\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/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\/07\/15\/cultural-museum-in-port-said-keeps-ancient-egyptian-musical-heritage-alive\/\">\r\n                            Cultural museum in Port Said keeps Ancient Egyptian musical heritage alive                        <\/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\/07\/15\/cultural-museum-in-port-said-keeps-ancient-egyptian-musical-heritage-alive\/\" 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\/07\/15\/cultural-museum-in-port-said-keeps-ancient-egyptian-musical-heritage-alive\/')\">\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\/07\/15\/cultural-museum-in-port-said-keeps-ancient-egyptian-musical-heritage-alive\/\">\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=Cultural museum in Port Said keeps Ancient Egyptian musical heritage alive&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/cultural-museum-in-port-said-keeps-ancient-egyptian-musical-heritage-alive\/\">\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\/07\/15\/cultural-museum-in-port-said-keeps-ancient-egyptian-musical-heritage-alive\/&title=Cultural museum in Port Said keeps Ancient Egyptian musical heritage alive\">\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=Cultural+museum+in+Port+Said+keeps+Ancient+Egyptian+musical+heritage+alive+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F15%2Fcultural-museum-in-port-said-keeps-ancient-egyptian-musical-heritage-alive%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\/07\/15\/cultural-museum-in-port-said-keeps-ancient-egyptian-musical-heritage-alive\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2705.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597068\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/cultural-museum-in-port-said-keeps-ancient-egyptian-musical-heritage-alive\/2705-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2705.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2705.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2705.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2705.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597067\" class=\"content-area-description single-story post-597067 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam tag-music wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Keeping Pharaonic musical traditions alive:<\/b> A craftsman in Port Said is one of very few people working to keep the cultural heritage of the semsemia, a harp used during the Pharaonic era, <a href=\"https:\/\/news.yahoo.com\/ancient-pharaonic-harp-strums-along-tune-032702310.html\">AFP reports<\/a>. Mohamed Ghaly, whose folk arts museum dedicated to the semsemia was demolished in February, has founded a new cultural museum, Canal 20. The organization aims to teach a new generation how to craft the instrument and continue the ancient musical tradition.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/music\/\">music<\/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=\"597071\" 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=\"597071\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/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\/07\/15\/the-market-yesterday-330\/\">\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\/07\/15\/the-market-yesterday-330\/\" 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\/07\/15\/the-market-yesterday-330\/')\">\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\/07\/15\/the-market-yesterday-330\/\">\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\/07\/15\/the-market-yesterday-330\/\">\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\/07\/15\/the-market-yesterday-330\/&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%2F07%2F15%2Fthe-market-yesterday-330%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\/07\/15\/the-market-yesterday-330\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597071\" class=\"content-area-description single-story post-597071 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><p><b>EGP \/ USD CBE market average: <\/b>Buy 16.54 | Sell 16.66<b><\/p>\n<p> EGP \/ USD at CIB:<\/b> Buy 16.54 | Sell 16.64<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 16.56 | Sell 16.66<\/p>\n<p><b>EGX30<\/b> (Sunday): 13,672 (-1.0%)<\/p>\n<p> <b>Turnover:<\/b> EGP 396 mn (40% below the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +4.9%<\/p>\n<p><b>THE MARKET ON SUNDAY:<\/b> The EGX30 ended Sunday\u2019s session down 1.0%. CIB, the index heaviest constituent ended down 0.7%. EGX30\u2019s top performing constituent was Eastern Company up 0.3%. Yesterday\u2019s worst performing stocks were GB Auto down 4.2%, Ezz Steel down 4.1% and Heliopolis Housing down 3.9%. The market turnover was EGP 396 mn, and foreign investors were the sole net buyers.<\/p>\n<p><b>Foreigners<\/b>: Net Long | EGP +6.8 mn<\/p>\n<p> <b>Regional<\/b>: Net Short | EGP -3.9 mn<\/p>\n<p> <b>Domestic<\/b>: Net Short | EGP -2.9 mn<\/p>\n<p><b>Retail<\/b>: 67.7% of total trades | 69.0% of buyers | 66.4% of sellers<\/p>\n<p><b>Institutions<\/b>: 32.3% of total trades | 31.0% of buyers | 33.6% of sellers<\/p>\n<p><b>WTI:<\/b> USD 60.17 (-0.07%)<\/p>\n<p> <b>Brent:<\/b> USD 66.68 (-0.06%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.44 MMBtu, (-0.61%, Aug 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,416.13 \/ troy ounce (+0.03%)<\/p>\n<\/p>\n<p><b>TASI:<\/b> 9,015.16 (+0.52%) (YTD: +15.18%)<\/p>\n<p> <b>ADX:<\/b> 5,056.26 (+0.08%) (YTD: +2.87%)<\/p>\n<p> <b>DFM:<\/b> 2,704.78 (+0.71%) (YTD: +6.92%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,775.05 (-0.03%)<\/p>\n<p> <b>QE:<\/b> 10,600.20 (-0.12%) (YTD: +2.92%)<\/p>\n<p> <b>MSM:<\/b> 3,793.90 (-0.38%) (YTD: -12.25%)<\/p>\n<p> <b>BB: <\/b>1,537.08 (+0.00%) (YTD: +14.94%)<\/p><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597072\" 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\/07\/15\/597072\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597072\" class=\"content-area-description single-story post-597072 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>July: Customs officials from Egypt and the US will sit down to discuss \u201c<a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=13042019&id=cfde9b1a-02c8-4a68-9157-558560dedc3a\">procedural and administrative matters<\/a>\u201d as part of the <a href=\"https:\/\/ustr.gov\/sites\/default\/files\/U.S.%20-%20Egypt%20TIFA.pdf\">Trade and Investment Framework Agreements (TIFA)<\/a>.<\/p>\n<p>July: The National Railway Authority will launch a tender for the purchase of 100 new locomotives expected to be financed through <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\/\">an agreement<\/a> with the European Bank for Reconstruction and Development (EBRD).<\/p>\n<p>14-18 July (Sunday-Thursday: The government is expected to announce the details of the new export subsidies framework.<\/p>\n<p>17 July (Wednesday): Harvard Business School <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/07\/HBS-780px.jpg\">alumni reception and admissions presentation<\/a>, Falak Startups-The Greek Campus, Cairo.<\/p>\n<p>19-21 July (Friday-Sunday): <a href=\"http:\/\/ledmiddleeast-expo.com\/\">LED Middle East Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>21 July (Sunday): Amer Group and Antaradous Touristic Development will face off in court over a 2014 dispute brought by the Syria-based company for a fallout in their partnership to develop the Porto Tartous tourist resort. The date was postponed from 23 June.<\/p>\n<p>23 July (Tuesday): 23 July revolution anniversary, national holiday.<\/p>\n<p>28 July-02 August (Sunday-Friday): <a href=\"https:\/\/fab15.fabevent.org\/index.html\">Fab15 Conference and Graduation Ceremony<\/a>, TU Berlin, El Gouna, Egypt.<\/p>\n<p>29 July (Monday): An administrative court <a href=\"https:\/\/almalnews.com\/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A9-%D9%8A%D8%A4%D8%AC%D9%84-%D9%86%D8%B8%D8%B1-%D8%AF%D8%B9%D9%88%D9%89-%D8%A7%D9%84%D8%B1%D9%82%D8%A7%D8%A8%D8%A9-%D8%A7%D9%84%D9%85\/\">will look into<\/a> charges brought by the Financial Regulatory Authority (FRA) against Raya Holding founder Medhat Khalil in connection to a mandatory tender offer forced on him by the FRA.<\/p>\n<p>30-31 July (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<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>03 August (Saturday): A Cairo Criminal Court <a href=\"http:\/\/www.egypttoday.com\/Article\/1\/72741\/Trial-of-Alaa-Gamal-Mubarak-in-stock-market-manipulation-case\">postponed<\/a> \u201cstock market manipulation\u201d trial of Gamal and Alaa Mubarak, along with seven others.<\/p>\n<p>03-04 August (Saturday-Sunday): <a href=\"https:\/\/fab15.fabevent.org\/index.html\">Fab15 Festival, Tours, and Conference Closing<\/a>, Greek Campus, Cairo.<\/p>\n<p>7-11 August (Wednesday-Sunday): Eid El Adha (TBC).<\/p>\n<p>22 August (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>28-30 August (Wednesday-Friday): <a href=\"https:\/\/ticad7.city.yokohama.lg.jp\/about\/en\/\">Tokyo International Conference on African Development<\/a> (TICAD), Yokohama, Japan.<\/p>\n<p>29 August (Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>September: Cairo will host an Egypt-Hungary business forum, according to a <a href=\"https:\/\/ent.news\/2019\/6\/390.pdf\">Trade Ministry statement (pdf)<\/a><\/p>\n<p>2-4 September (Monday-Wednesday): <a href=\"https:\/\/www.thebig5constructegypt.com\/\">The Big 5 Construct Egypt<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>03-04 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>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>26 September (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>October: <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1405897\">A forum<\/a> will be organized by Russia\u2019s Rosatom and the Nuclear Power Plants Authority to introduce local suppliers and contractors to the Dabaa nuclear plant.<\/p>\n<p>6 October (Sunday): Armed Forces Day, national holiday.<\/p>\n<p>10-13 October (Tuesday-Sunday): <a href=\"http:\/\/biwarabia.com\/en\/\">Big Industrial Week Arabia 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23-24 October (Wednesday-Thursday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2019\/\">Intelligent Cities Exhibition & Conference<\/a>, Hilton Heliopolis, Cairo.<\/p>\n<p>23 October-1 November (Wednesday-Friday): CIB PSA Women\u2019s World Championship, Great Pyramid of Giza, Cairo.<\/p>\n<p>24 October (Thursday): <a href=\"http:\/\/en.kremlin.ru\/events\/president\/news\/60592\">Russia-Africa Summit<\/a> to take place in Sochi, co-chaired by Vladimir Putin and President Abdel Fattah El Sisi.<\/p>\n<p>28 October-22 November (Monday-Friday): <a href=\"https:\/\/www.itu.int\/en\/ITU-R\/conferences\/wrc\/2019\/Pages\/default.aspx\">World Radiocommunication Conference 2019<\/a>, Sharm El Sheikh, Egypt.<\/p>\n<p>29-30 October (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>31 October-2 November (Thursday-Saturday): Angel Oasis 2019, organized by the <a href=\"http:\/\/www.mainmena.com\/\">Middle East Angel Investment Network (MAIN)<\/a>, El Gouna, Egypt.<\/p>\n<p>3-5 November (Sunday-Tuesday): <a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html\">Electrix 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9 November (Saturday): Prophet Mohammed's birthday, national holiday.<\/p>\n<p>10-14 November (Sunday-Thursday): <a href=\"https:\/\/geomeast.org\/\">GeoMEast International Congress and Exhibition<\/a>, Marriott, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.mactech.com.eg\/\">Machtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.transpotech-eg.com\/\">Transpotech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.airtech-eg.com\/\">Airtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>November: Suez Canal Conference for Investment, organized in cooperation with the <a href=\"https:\/\/www.youm7.com\/story\/2019\/5\/21\/%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%89-%D9%86%D9%86%D8%B8%D9%85-%D9%85%D8%B9-%D9%85%D8%B5%D8%B1-%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1\/4251626\">European Union<\/a><\/p>\n<p>December: Egypt <a href=\"https:\/\/www.almalnews.com\/Story\/402348\/14\/-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%B9%D8%B1%D8%B6--%D8%A8%D8%A7%D9%83-%D8%A8%D8%B1%D9%88%D8%B3%D9%8A%D8%B3--%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84-\">will host for the first time<\/a> the Pack Process trade expo for the Middle East and African region.<\/p>\n<p>3-6 December (Tuesday-Friday): <a href=\"http:\/\/www.cairowoodshow.com\/\">Cairo WoodShow<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.pacprocess-mea.com\/\">Pacprocess Middle East Africa<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa 2019 Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>10-11 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>January 2020: <a href=\"https:\/\/punchng.com\/uk-africa-investment-summit-holds-in-jan-2020-foreign-secretary\/\">UK-Africa Investment summit<\/a>, London, United Kingdom.<\/p>\n<p>9-12 January 2020 (Tuesday-Sunday): <a href=\"http:\/\/www.plastex-online.com\/\">PLASTEX<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25 January 2020 (Saturday): 25 January revolution anniversary \/ Police Day, national holiday.<\/p>\n<p>25 January 2020 (Saturday): Midterm break for public schools and universities. Also known as: Two weeks of good commute.<\/p>\n<p>8 February 2020 (Saturday): Midterm break ends. Traffic in Cairo stinks once more.<\/p>\n<p>11-13 February 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25-26 March 2020 (Wednesday-Thursday): <a href=\"http:\/\/www.megaprojectsconf.com\/\">Mega Projects Conference<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>5-7 May 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.afsic.net\/\">AFSIC - Investing in Africa<\/a>, London, United Kingdom.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":597032,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-597031","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2d5d5e3a-6e3c-42db-82fa-5624b86c6816","teaser":"","photo_url":"https:\/\/ent.news\/2020\/1\/662.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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