{"id":597440,"date":"2019-07-28T04:05:15","date_gmt":"2019-07-28T04:05:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=597440"},"modified":"2025-12-16T19:52:57","modified_gmt":"2025-12-16T19:52:57","slug":"fawry-sets-its-ipo-price-and-the-subscription-period-begins","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/fawry-sets-its-ipo-price-and-the-subscription-period-begins\/","title":{"rendered":"Fawry sets its IPO price and the subscription period begins"},"content":{"rendered":"<section id=\"597442\" 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=\"597442\">\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\/28\/what-were-tracking-on-28-july-2019\/\">\r\n                            What we\u2019re tracking on 28 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\/28\/what-were-tracking-on-28-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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In all cases, we\u2019re not ones to complain.<\/p><p><b>Defense Minister Mohamed Zaky is in Washington, DC today to meet US Secretary of Defense Mark Esper<\/b>, according to <a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/photos\/a.219625808168409\/1650270388437270\/?type=3&amp;theater\">an Armed Forces statement<\/a>. The statement is otherwise scant on details beyond noting that the two will discuss military cooperation and issues of mutual interest.<\/p><p><b>Esper was officially sworn in to the position <\/b><a href=\"https:\/\/abcnews.go.com\/Politics\/senate-confirms-mark-esper-defense-secretary\/story?id=64427798\"><b>last week<\/b><\/a>, just hours after the US Senate confirmed his nomination to succeed Jim Mattis, who resigned in December.<\/p><p><b>The <\/b><a href=\"https:\/\/fab15.fabevent.org\/\"><b>Fab15 conference<\/b><\/a><b> kicks off today in El Gouna,<\/b> bringing together participants from over 1,600 Fab Labs worldwide for discussions around digital manufacturing, innovation, and technology. Egypt is the first country in the MENA region to host the event, which has been running for 14 years. The event runs from 28 July-2 August in El Gouna, before moving to Cairo on 3-4 August.<\/p><p><b>The seventh edition of the National Youth Conference <\/b><a href=\"https:\/\/www.egyptindependent.com\/new-administrative-capital-to-host-seventh-national-youth-conference\/\"><b>kicks off on Tuesday<\/b><\/a><b> at the new administrative capital.<\/b> The last iteration of the conference was held one year ago.<\/p><hr class=\"grey-line\"><p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>All eyes will be on the Fed later this week:<\/b> The US Federal Reserve is widely expected to cut rates when the Federal Open Market Committee meets on Tuesday and Wednesday this week. Markets were all but certain of a July cut even before Fed officials began unambiguously telegraphing a shift to a more accommodative stance earlier this month. But over the weekend a <a href=\"https:\/\/www.reuters.com\/article\/us-usa-economy-poll\/fed-to-cut-rates-for-first-time-in-a-decade-this-month-reuters-poll-idUSKCN1UK00M\">fresh Reuters poll<\/a> confirmed that pretty much everyone is banking on an imminent return to easing: 107 out of 111 economists expect the Fed to make a 25 bps rate cut, two forecast a deeper 50 bps cuts, and two said they expected no change rate all.<\/p><p><b>The first rate cut in a decade would come against a fairly positive economic backdrop:<\/b> A <a href=\"https:\/\/www.cnbc.com\/2019\/07\/05\/jobs-report-june-2019.html\">surge in non-farm payrolls in June<\/a> and sustained growth in consumer spending over the second quarter are hardly signs of a weakening economy. And although preliminary GDP figures showed over the weekend that <a href=\"https:\/\/www.nytimes.com\/2019\/07\/26\/business\/economy\/us-gdp-growth.html\">US economic output slowed<\/a> to 2.1% from 3.1% in the second quarter, a recession is nowhere near in sight, and the effects of the US-China trade war have remained fairly muted.<\/p><p><b>This raises the question: Why would the Fed cut?<\/b> To put it simply: Because the market demands it. \u201cThe biggest reason for the Fed to cut rates is because it has been priced into the markets for a while now,\u201d Andrew Hunter, senior US economist at Capital Economics, told Reuters. \u201cIf they didn\u2019t follow through and cut, it would cause a bit of a shock.\u201d<\/p><p><b>Emerging markets won\u2019t complain:<\/b> EM currencies and bonds would perform better than those in advanced economies if the Fed follows through and cuts rates, <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/08\/emerging-markets-to-reap-the-benefits-of-a-fed-rate-cut-bloomberg-survey\/\">a Bloomberg survey<\/a> suggested a few weeks ago. EMs should be in for a strong second half of the year as falling interest rates in developed countries cause a pickup in demand for higher-yielding assets.<\/p><p><b>EMs should take advantage of easier monetary policies to fix their underlying productivity issues,<\/b> <a href=\"https:\/\/www.ft.com\/content\/9a76d144-ae21-11e9-8030-530adfa879c2\">the FT\u2019s editorial board writes<\/a>. The IMF\u2019s recent downgrade to its outlook for global growth was fuelled by falling output in emerging economies, making it all the more important that they make use of the low interest rate environment to invest in boosting their productive capacities, it says.<\/p><p><b>Expect eurozone stimulus in September:<\/b> The European Central Bank held off on introducing further stimulus measures last week, but signaled that it could restart its bond-buying program and cut rates further when it meets in September, <a href=\"https:\/\/www.ft.com\/content\/3c72fc3a-aec6-11e9-8030-530adfa879c2\">the FT reports<\/a>.<\/p><hr class=\"grey-line\"><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/3286.jpg?ssl=1\"><\/p><p><b>Tunisian President Beji Caid Essebsi died on Thursday at the age of 92.<\/b> Essebsi was the world\u2019s oldest sitting president, <a href=\"https:\/\/www.bbc.com\/news\/world-africa-49111905\">coming to power<\/a> in Tunisia\u2019s first free elections in 2014. A vote to choose his successor was due to be held on 17 November but will now be held sooner, the electoral commission said. The speaker of parliament will take over as interim president in the meantime. President Abdel Fattah El Sisi <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/339643\/Egypt\/Politics-\/Egypt-announces-three-days-of-mourning-over-Tunisi.aspx\">announced on Thursday<\/a> that Egypt would observe three days of mourning to mark Essebsi\u2019s death.<\/p><hr class=\"grey-line\"><p><b>The list of candidates to succeed Christine Lagarde as IMF head has been whittled down to five \u2014 and Mohamed El Erian hasn\u2019t made it:<\/b> Spanish Finance Minister Nadia Calvino, Portuguese Finance Minister Mario Centeno, Dutch Finance Minister Jeroen Dijsselloem, World Bank CEO Kristalina Georgieva, and Bank of Finland Governor Oli Rehn have made the shortlist to become the IMF\u2019s next managing director, the French Finance Ministry said on Friday, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-07-26\/want-to-lead-the-imf-you-have-until-september-6-to-apply?srnd=premium-middle-east\">Bloomberg reports<\/a>.<\/p><p><b>In global business news: LSE could acquire Refinitiv for USD 27 bn: <\/b>The London Stock Exchange (LSE) is in talks to acquire global financial data provider Refinitiv in a landmark transaction that could be valued at USD 27 bn, <a href=\"https:\/\/www.reuters.com\/article\/us-refinitiv-m-a-lse\/london-stock-exchange-in-talks-to-buy-refinitiv-for-27-billion-idUSKCN1UL2FA\">reports Reuters<\/a>. The agreement would see Refinitiv\u2019s existing shareholders, which include majority shareholder Blackstone and 45% stake-holder Thomson Reuters, turned into shareholders in LSE.<\/p><hr class=\"grey-line\"><p><b>MbS\u2019 plans for Neom are ambitious \u2014 and that\u2019s putting it mildly.<\/b> Documents for the USD 500 bn tech city Neom have outlined plans for flying taxis, a glow-in-the-dark beach, and robots. Lots of robots. <a href=\"https:\/\/www.wsj.com\/articles\/a-princes-500-billion-desert-dream-flying-cars-robot-dinosaurs-and-a-giant-artificial-moon-11564097568\">The Wall Street Journal has more<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/christine-lagarde\/\">Christine Lagarde<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/european-central-bank\/\">European Central Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gdp\/\">GDP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/imf\/\">IMF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/interest-rates\/\">interest rates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us-federal-reserve\/\">US Federal Reserve<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n          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alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" 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   \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/mixed-bag-of-nuts-on-egypts-airwaves-housing-suez-canal-exports-and-egp\/\">\r\n                            Mixed bag of nuts on Egypt\u2019s airwaves: Housing, Suez Canal, exports and EGP                        <\/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    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Egypt\u2019s airwaves: Housing, Suez Canal, exports and EGP\">\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=Mixed+bag+of+nuts+on+Egypt%E2%80%99s+airwaves%3A+Housing%2C+Suez+Canal%2C+exports+and+EGP+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Fmixed-bag-of-nuts-on-egypts-airwaves-housing-suez-canal-exports-and-egp%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\/28\/mixed-bag-of-nuts-on-egypts-airwaves-housing-suez-canal-exports-and-egp\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597444\" class=\"content-area-description single-story post-597444 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-housing tag-suez-canal wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>It was a mixed bag of nuts on last night\u2019s talk shows<\/b>, which covered everything from record-high Suez Canal revenues to social housing projects and export growth.<\/p>\n<p><b>SCZone revenues reach record high: <\/b>Al Hayah Al Youm\u2019s Lobna Assal was happy to report that the Suez Canal Economic Zone achieved record revenues for the second consecutive year (<a href=\"https:\/\/www.youtube.com\/watch?v=yfjvXBN-X7c\">watch, runtime: 0:55<\/a>). We have the story in this morning\u2019s Speed Round, below.<\/p>\n<p><b>Cabinet says growing exports, FDI made the EGP 2019\u2019s second best currency: <\/b>An increase in exports and higher FDI have prompted Bloomberg to rate the EGP as the world\u2019s second-best performing currency in 2019, Assal said, noting that the news information service had flagged the EGP as the Middle East\u2019s second-worst currency back in 2015 (<a href=\"https:\/\/www.youtube.com\/watch?v=f-u80epA62Y\">watch, runtime: 2:28<\/a>).<\/p>\n<p><b>El Sisi, Madbouly, El Gazzar talk new cities:<\/b> Masaa DMC\u2019s Eman El Hosary took note of President Abdel Fattah El Sisi\u2019s meeting with Prime Minister Moustafa Madbouly and Housing Minister Assem El Gazzar to discuss progress in building new cities, which El Sisi instructed them to expedite (<a href=\"https:\/\/www.youtube.com\/watch?v=zyuo8UcbHfA\">watch, runtime: 3:40<\/a>).<\/p>\n<p><b>El Gazzar had a prolonged chat about \u201cfourth generation cities\u201d<\/b> with El Hekaya\u2019s Amr Adib, telling him that these developments are meant to support development throughout the entire country by boosting our competitiveness in attracting both local and foreign investment. The minister also discussed social housing, which is aimed at beneficiaries below the poverty line (<a href=\"https:\/\/www.youtube.com\/watch?v=LZTemeXWdKo\">watch, runtime: 26:25<\/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\/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\/housing\/\">housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/suez-canal\/\">Suez Canal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597445\" 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=\"597445\">\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\/28\/fawry-sets-ipo-price-as-subscription-gets-underway\/\">\r\n                            Fawry sets IPO price as subscription gets underway                        <\/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\/28\/fawry-sets-ipo-price-as-subscription-gets-underway\/\" 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\/28\/fawry-sets-ipo-price-as-subscription-gets-underway\/')\">\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\/28\/fawry-sets-ipo-price-as-subscription-gets-underway\/\">\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=Fawry sets IPO price as subscription gets underway&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/fawry-sets-ipo-price-as-subscription-gets-underway\/\">\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\/28\/fawry-sets-ipo-price-as-subscription-gets-underway\/&title=Fawry sets IPO price as subscription gets underway\">\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=Fawry+sets+IPO+price+as+subscription+gets+underway+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Ffawry-sets-ipo-price-as-subscription-gets-underway%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\/28\/fawry-sets-ipo-price-as-subscription-gets-underway\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/Fawry-1600px.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597446\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/fawry-sets-ipo-price-as-subscription-gets-underway\/fawry-1600px-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/Fawry-1600px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"Fawry-1600px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/Fawry-1600px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/Fawry-1600px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597445\" class=\"content-area-description single-story post-597445 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-egx tag-enterpriseam tag-fawry tag-ipo-watch 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>IPO WATCH- Fawry sets IPO price at EGP 6.46 \/ share as private placement gets underway: <\/b>Egyptian e-payments giant Fawry has set its share price for <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/22\/egyptian-e-payments-platform-fawry-to-offer-36-of-its-shares-in-ipo\/\">the upcoming IPO<\/a> at EGP 6.46\/share for its private placement and retail offering, a discount from its EGP 6.9 fair value price, <a href=\"https:\/\/ent.news\/2019\/7\/2647.pdf\">the company said in a statement (pdf)<\/a>. Fawry will sell 36% (254.6 mn) of its shares owned by PSI Netherland Holding, of which 7.2% will be sold to Actis, 7% to the National Bank of Egypt, and 7% to Banque Misr. Meanwhile, 9.8% will be sold in the private placement and 5% in the retail offering.<\/p>\n<p><b>Regulators give the all-clear:<\/b> The Financial Regulatory Authority last week gave its approval for the company to publish the public subscription notice.<\/p>\n<p><b>The private placement began on Friday and runs until Wednesday<\/b>, the company said. The retail offering will begin today and finish on Monday, 5 August. Trading is expected to begin on Thursday, 8 August.<\/p>\n<p><b>Remember: This is the first IPO since Sarwa Capital\u2019s EGX debut last October.<\/b> Fawry\u2019s initial public offering is expected to act as a litmus test for the equity raising climate in Egypt, particularly after last year\u2019s emerging markets selloff and Sarwa\u2019s rocky IPO led several other planned IPOs and secondary listings to be put on ice. Chief among those who had postponed their offerings were companies in the state-owned privatization program, which is expected to see its first IPOs <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/09\/government-ipos-set-for-september-on-schedule\/\">in September<\/a>.<\/p>\n<p><b>Advisers:<\/b> EFG Hermes is the global coordinator and bookrunner for the share sale. Zulficar & Partners is serving as the local counsel, and Zaki Hashem & Partners is serving as local counsel to the issuer.<\/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\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fawry\/\">Fawry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ipo-watch\/\">IPO watch<\/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=\"597462\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597463\" 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=\"597463\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/egypt-in-the-news-on-28-july-2019\/\">\r\n                            Egypt in the news on 28 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\/28\/egypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-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 28 July 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/egypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-july-2019\/&title=Egypt in the news on 28 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+28+July+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Fegypt-in-the-news-on-28-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\/28\/egypt-in-the-news-on-28-july-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597463\" class=\"content-area-description single-story post-597463 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-nabila-makram wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Still driving the conversation on Egypt in the foreign press: Emigration Minister Nabila Makram\u2019s \u201cthroat-cutting\u201d snafu.<\/b> Makram said that people have taken out of context comments she made last week that anyone who speaks badly about Egypt should be \u201cchopped.\u201d Makram was speaking to a crowd of Egyptian expats in Canada when she made the remarks. <a href=\"https:\/\/www.youtube.com\/watch?v=R5OLuE7yngs\">A video<\/a> was uploaded onto the internet which quickly went viral and drew significant criticism on social media. She has since <a href=\"https:\/\/www.facebook.com\/Moemigegy\/photos\/a.1525363014451247\/2359353037718903\/?type=3&theater\">posted on the ministry\u2019s Facebook page<\/a> that her intentions were not to promote violence. <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-minister\/egyptian-minister-says-threat-to-chop-critics-taken-out-of-context-idUSKCN1UL2HM\">Reuters<\/a> and <a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-49101954\">the BBC<\/a> have more.<\/p>\n<p>Other headlines worth a skim:<\/p>\n<ul>\n<li><b>Egyptians are apparently the kings of golf croquet<\/b>, a sport which has evolved into something more exciting than the game first introduced by the British in the early 20th century, <a href=\"https:\/\/www.economist.com\/middle-east-and-africa\/2019\/07\/25\/how-egypt-conquered-croquet\">the Economist<\/a> says. <\/li>\n<li><b>Egyptian authorities are taking \u201cconcrete steps\u201d to put an end to animal abuse<\/b> at Cairo\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/26\/birqash-camel-market-under-fire-for-animal-abuse\/\">Birqash camel market<\/a>, <a href=\"https:\/\/www.voanews.com\/gallery\/egypt-cracks-down-abuse-camels\">says Voice of America<\/a>. <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nabila-makram\/\">Nabila Makram<\/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=\"597464\" 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=\"597464\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/story-of-our-evolution-is-a-lot-more-complicated-than-we-have-ever-known\/\">\r\n                            Story of our evolution is a lot more complicated than we have ever known                        <\/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\/28\/story-of-our-evolution-is-a-lot-more-complicated-than-we-have-ever-known\/\" 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\/28\/story-of-our-evolution-is-a-lot-more-complicated-than-we-have-ever-known\/')\">\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\/28\/story-of-our-evolution-is-a-lot-more-complicated-than-we-have-ever-known\/\">\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=Story of our evolution is a lot more complicated than we have ever known&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/story-of-our-evolution-is-a-lot-more-complicated-than-we-have-ever-known\/\">\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\/28\/story-of-our-evolution-is-a-lot-more-complicated-than-we-have-ever-known\/&title=Story of our evolution is a lot more complicated than we have ever known\">\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=Story+of+our+evolution+is+a+lot+more+complicated+than+we+have+ever+known+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Fstory-of-our-evolution-is-a-lot-more-complicated-than-we-have-ever-known%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\/28\/story-of-our-evolution-is-a-lot-more-complicated-than-we-have-ever-known\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/239.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597465\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/story-of-our-evolution-is-a-lot-more-complicated-than-we-have-ever-known\/239-jpg-20\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/239.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"239.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/239.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/7\/239.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597464\" class=\"content-area-description single-story post-597464 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-archaeology tag-enterpriseam tag-history tag-science tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The story of human evolution is getting more complicated, <\/b>the Natural History Museum's Chris Stringer says in a video for the Financial Times (<a href=\"https:\/\/www.ft.com\/video\/af605ca3-5ca3-4c90-9b9b-e84569d67968\">watch, runtime: 2:57<\/a>). Recent discoveries have now falsified the belief that ancient Neanderthals were wholly replaced by modern humans. In fact, most humans alive today have traces of at least 2% Neanderthal DNA. \u201cThis means our ancestors must have mixed with Neanderthals, [and] interbred with them maybe 50 or 60 thousand years ago,\u201d Stringer tells us. This, he says, alongside the continued examination of fossils, is leading to a whole \u201creevaluation\u201d of the last 500k years of our evolution.<\/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\/archaeology\/\">archaeology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/history\/\">History<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/science\/\">science<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597466\" 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=\"597466\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/ethiopia-keen-to-resume-gerd-talks-with-egypt-sudan\/\">\r\n                            Ethiopia keen to resume GERD talks with Egypt, Sudan                        <\/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\/28\/ethiopia-keen-to-resume-gerd-talks-with-egypt-sudan\/\" 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\/28\/ethiopia-keen-to-resume-gerd-talks-with-egypt-sudan\/')\">\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\/28\/ethiopia-keen-to-resume-gerd-talks-with-egypt-sudan\/\">\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=Ethiopia keen to resume GERD talks with Egypt, Sudan&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/ethiopia-keen-to-resume-gerd-talks-with-egypt-sudan\/\">\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\/28\/ethiopia-keen-to-resume-gerd-talks-with-egypt-sudan\/&title=Ethiopia keen to resume GERD talks with Egypt, Sudan\">\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=Ethiopia+keen+to+resume+GERD+talks+with+Egypt%2C+Sudan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Fethiopia-keen-to-resume-gerd-talks-with-egypt-sudan%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\/28\/ethiopia-keen-to-resume-gerd-talks-with-egypt-sudan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597466\" class=\"content-area-description single-story post-597466 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam tag-ethiopia tag-sudan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Ethiopia is keen to resume negotiations with Egypt and Sudan over the Grand Ethiopian Renaissance Dam (GERD)<\/b>, Ethiopian Foreign Affairs Minister Gedu Andargachew told President Abdel Fattah El Sisi in a meeting in Cairo over the weekend, <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/655284301657620?__xts__%5b0%5d=68.ARA5SyRICwbaXfqINm5ujUX88uXZNzbuFL4piQVFKUztIgHuXfHFf008jcQyYbo9S5xb71_saoWePG61cCthZwOyNCPMpMgMN8ytcggWhPcdWejU_rOz0ERcomIdaUOOePBiBb-rrToCJNew6SsacN4v7BwHpHMWxJRfRc0BdkB9qL-TC4fFAgqIp5ESuquMXC-f8FVnc4xsUFrQDbS9jqphihILOWRkYlTlG5Dmc9CiE4U28toAqaqfkJ7a3UYzRFcY85CSQtewJ73KOe0eVAiDgpsK4tT7NNWUmfIJASzFI3A-x0Xc_oEFfFyffyI6aYm157ZWWMMfWtTxrr2BH5KMXVL8GCuI0ND4uFYAkjJ4mkO6s9YBZJjcKTYZX6tpjyFtEuLO46iyyTx-xmVuiN_Ul4Yv6ZOLADdjUNj5mxC2zO8Mn-cV9AykKDisniSVO--pSLzhsBEjApGwl_RZA1Ow3wvgGRE6L_k_GsIRd5X3OslNQPw&__tn__=-R\">according to an Ittihadiya statement<\/a>. Foreign Minister Sameh Shoukry called on Sudan and Ethiopia to speed up negotiations <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/23\/shoukry-urges-ethiopia-sudan-to-speed-up-gerd-talks\/\">back in June<\/a>, and announced plans for the countries\u2019 foreign and irrigation ministers to continue discussions. The planned construction of the 6 GW GERD has been a source of tension between Egypt, Sudan, and Ethiopia for several years now, and the issue remains unresolved.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597467\" 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=\"597467\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/elsewedy-to-complete-power-line-in-egypts-benban-solar-complex-september\/\">\r\n                            Elsewedy to complete power line in Egypt\u2019s Benban solar complex September                        <\/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\/28\/elsewedy-to-complete-power-line-in-egypts-benban-solar-complex-september\/\" 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\/28\/elsewedy-to-complete-power-line-in-egypts-benban-solar-complex-september\/')\">\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\/28\/elsewedy-to-complete-power-line-in-egypts-benban-solar-complex-september\/\">\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=Elsewedy to complete power line in Egypt\u2019s Benban solar complex September&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/elsewedy-to-complete-power-line-in-egypts-benban-solar-complex-september\/\">\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\/28\/elsewedy-to-complete-power-line-in-egypts-benban-solar-complex-september\/&title=Elsewedy to complete power line in Egypt\u2019s Benban solar complex September\">\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=Elsewedy+to+complete+power+line+in+Egypt%E2%80%99s+Benban+solar+complex+September+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Felsewedy-to-complete-power-line-in-egypts-benban-solar-complex-september%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\/28\/elsewedy-to-complete-power-line-in-egypts-benban-solar-complex-september\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597467\" class=\"content-area-description single-story post-597467 post type-post status-publish format-standard hentry category-energy tag-benban-solar-park tag-construction tag-elsewedy-electric tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Elsewedy Electric will complete in September a 185 km, 500 kV overhead power line to connect Benban 3, a transformer station in Benban\u2019s solar park, to the grid through Naga Hamady in Upper Egypt, sources from the Electricity Ministry <a href=\"https:\/\/www.alborsaanews.com\/2019\/07\/27\/1228935\">told the press<\/a>. The transmission line, for which Elsewedy signed a EGP 1.7 bn agreement with the Egyptian Electricity Transmission Company, is now 88% complete.<\/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\/benban-solar-park\/\">Benban solar park<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/construction\/\">construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/elsewedy-electric\/\">Elsewedy Electric<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597469\" 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=\"597469\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/fayoum-beni-suef-to-experiment-with-auction-mechanism-for-egypts-short-staple-cotton-crops\/\">\r\n                            Fayoum, Beni Suef to experiment with auction mechanism for Egypt\u2019s short staple cotton crops                        <\/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\/28\/fayoum-beni-suef-to-experiment-with-auction-mechanism-for-egypts-short-staple-cotton-crops\/\" 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\/28\/fayoum-beni-suef-to-experiment-with-auction-mechanism-for-egypts-short-staple-cotton-crops\/')\">\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\/28\/fayoum-beni-suef-to-experiment-with-auction-mechanism-for-egypts-short-staple-cotton-crops\/\">\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=Fayoum, Beni Suef to experiment with auction mechanism for Egypt\u2019s short staple cotton crops&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/fayoum-beni-suef-to-experiment-with-auction-mechanism-for-egypts-short-staple-cotton-crops\/\">\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\/28\/fayoum-beni-suef-to-experiment-with-auction-mechanism-for-egypts-short-staple-cotton-crops\/&title=Fayoum, Beni Suef to experiment with auction mechanism for Egypt\u2019s short staple cotton crops\">\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=Fayoum%2C+Beni+Suef+to+experiment+with+auction+mechanism+for+Egypt%E2%80%99s+short+staple+cotton+crops+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Ffayoum-beni-suef-to-experiment-with-auction-mechanism-for-egypts-short-staple-cotton-crops%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\/28\/fayoum-beni-suef-to-experiment-with-auction-mechanism-for-egypts-short-staple-cotton-crops\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597469\" class=\"content-area-description single-story post-597469 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-agriculture tag-basic-materials-commodities tag-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The government will begin using public auctions on a trial basis in Fayoum and Beni Suef to sell local short staple cotton to bidding companies in the coming harvest season, which begins in September, government sources <a href=\"https:\/\/www.alborsaanews.com\/2019\/07\/27\/1228638\">told the press<\/a>.The auction mechanism could be standardized starting the 2020-2021 harvest if it proves successful.<\/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\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/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=\"597470\" 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=\"597470\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/chinas-hangzhou-saudis-ajlan-bros-to-set-up-aluminum-factory-in-egypt\/\">\r\n                            China\u2019s Hangzhou, Saudi\u2019s Ajlan &#038; Bros to set up aluminum factory 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\/28\/chinas-hangzhou-saudis-ajlan-bros-to-set-up-aluminum-factory-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\/28\/chinas-hangzhou-saudis-ajlan-bros-to-set-up-aluminum-factory-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\/28\/chinas-hangzhou-saudis-ajlan-bros-to-set-up-aluminum-factory-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=China\u2019s Hangzhou, Saudi\u2019s Ajlan &#038; Bros to set up aluminum factory in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/chinas-hangzhou-saudis-ajlan-bros-to-set-up-aluminum-factory-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\/28\/chinas-hangzhou-saudis-ajlan-bros-to-set-up-aluminum-factory-in-egypt\/&title=China\u2019s Hangzhou, Saudi\u2019s Ajlan &#038; Bros to set up aluminum factory 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=China%E2%80%99s+Hangzhou%2C+Saudi%E2%80%99s+Ajlan+%26%23038%3B+Bros+to+set+up+aluminum+factory+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Fchinas-hangzhou-saudis-ajlan-bros-to-set-up-aluminum-factory-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\/28\/chinas-hangzhou-saudis-ajlan-bros-to-set-up-aluminum-factory-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597470\" class=\"content-area-description single-story post-597470 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-investment-watch tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>China\u2019s Hangzhou Jinjiang Group and Saudi\u2019s Ajlan & Bros Group are planning to establish an aluminum factory in Egypt, <a href=\"https:\/\/www.facebook.com\/mift.media\/posts\/2328525670549554\">according to a Trade and Industry Ministry statement<\/a>. Details on the project\u2019s timeline, location, or expected cost were not disclosed. The facility would include aluminum and caustic soda processing plants, as well as two water desalination and electricity stations. It is set to be implemented over four phases. The project will help close the aluminum supply gap in the Middle East. Aluminum production in the region stands at 1.2 mn tonnes a year, while demand exceeds 10 mn tonnes.<\/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\/investment-watch\/\">investment watch<\/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=\"597471\" 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=\"597471\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/cairo-university-to-open-egypts-first-nanotech-faculty\/\">\r\n                            Cairo University to open Egypt\u2019s first nanotech faculty                        <\/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\/28\/cairo-university-to-open-egypts-first-nanotech-faculty\/\" 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\/28\/cairo-university-to-open-egypts-first-nanotech-faculty\/')\">\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\/28\/cairo-university-to-open-egypts-first-nanotech-faculty\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Cairo University to open Egypt\u2019s first nanotech faculty&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/cairo-university-to-open-egypts-first-nanotech-faculty\/\">\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\/28\/cairo-university-to-open-egypts-first-nanotech-faculty\/&title=Cairo University to open Egypt\u2019s first nanotech faculty\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Cairo+University+to+open+Egypt%E2%80%99s+first+nanotech+faculty+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Fcairo-university-to-open-egypts-first-nanotech-faculty%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\/28\/cairo-university-to-open-egypts-first-nanotech-faculty\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597471\" class=\"content-area-description single-story post-597471 post type-post status-publish format-standard hentry category-health-education tag-education tag-enterpriseam tag-health-education tag-science tag-technology wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Cairo University will open Egypt\u2019s first nanotechnology faculty in the upcoming academic year after Cabinet greenlit plans on Thursday, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/339609\/Egypt\/Politics-\/Egypts-Cairo-university-to-open-first-nanotechnolo.aspx\">Ahram Online reports<\/a>. The faculty will train researchers on the applications of nanotech, and build on the research undertaken by the Egypt Nanotechnology Center (EGNC).<\/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\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/science\/\">science<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597472\" 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=\"597472\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/nuca-to-auction-5k-land-plots-in-18-new-cities-by-the-end-of-2019\/\">\r\n                            NUCA to auction 5k land plots in 18 new cities by the end of 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\/28\/nuca-to-auction-5k-land-plots-in-18-new-cities-by-the-end-of-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\/28\/nuca-to-auction-5k-land-plots-in-18-new-cities-by-the-end-of-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\/28\/nuca-to-auction-5k-land-plots-in-18-new-cities-by-the-end-of-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=NUCA to auction 5k land plots in 18 new cities by the end of 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/nuca-to-auction-5k-land-plots-in-18-new-cities-by-the-end-of-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\/28\/nuca-to-auction-5k-land-plots-in-18-new-cities-by-the-end-of-2019\/&title=NUCA to auction 5k land plots in 18 new cities by the end of 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=NUCA+to+auction+5k+land+plots+in+18+new+cities+by+the+end+of+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Fnuca-to-auction-5k-land-plots-in-18-new-cities-by-the-end-of-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\/28\/nuca-to-auction-5k-land-plots-in-18-new-cities-by-the-end-of-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597472\" class=\"content-area-description single-story post-597472 post type-post status-publish format-standard hentry category-real-estate-housing tag-development tag-enterpriseam tag-housing tag-infrastructure tag-new-urban-communities-authority tag-real-estate tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The New Urban Communities Authority (NUCA) is planning to auction 5k land plots in 18 new cities before the end of 2019, Housing Ministry sources told the <a href=\"https:\/\/alborsaanews.com\/2019\/07\/27\/1228567\">local press<\/a>. The authority, which is currently conducting an evaluation to determine the size of available land in new cities, has yet to decide the prices.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/housing\/\">housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597473\" 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=\"597473\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/egypts-farida-osman-brings-home-another-bronze-medal\/\">\r\n                            Egypt\u2019s Farida Osman brings home another bronze medal                        <\/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\/28\/egypts-farida-osman-brings-home-another-bronze-medal\/\" 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\/28\/egypts-farida-osman-brings-home-another-bronze-medal\/')\">\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\/28\/egypts-farida-osman-brings-home-another-bronze-medal\/\">\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 Farida Osman brings home another bronze medal&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/egypts-farida-osman-brings-home-another-bronze-medal\/\">\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\/28\/egypts-farida-osman-brings-home-another-bronze-medal\/&title=Egypt\u2019s Farida Osman brings home another bronze medal\">\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+Farida+Osman+brings+home+another+bronze+medal+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Fegypts-farida-osman-brings-home-another-bronze-medal%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\/28\/egypts-farida-osman-brings-home-another-bronze-medal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/Farida-Osman-1600px.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597474\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/egypts-farida-osman-brings-home-another-bronze-medal\/farida-osman-1600px-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/Farida-Osman-1600px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"Farida-Osman-1600px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/Farida-Osman-1600px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/Farida-Osman-1600px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597473\" class=\"content-area-description single-story post-597473 post type-post status-publish format-standard has-post-thumbnail hentry category-_newspack_sports tag-enterpriseam tag-sports 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> Egyptian Olympian swimmer Farida Osman brought home a bronze medal after finishing third in the <a href=\"https:\/\/www.youtube.com\/watch?v=OJ4at9R1ij8\">women\u2019s 50m butterfly finals<\/a> at FINA World Championships 2019 in Gwangju. Osman finished third after Sweden\u2019s Sarah Sj\u00f6str\u00f6m, who claimed gold, and the Netherlands\u2019 Ranomi Kromowidjojo, who secured the silver medal. Osman, one of Egypt\u2019s best-ever swimmers, won the country\u2019s first-ever World Aquatics Championship medal <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/30\/farida-osman-wins-egypts-first-world-aquatics-championship-medal\/\">in 2017<\/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\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597475\" 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=\"597475\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/egyptian-museum-renovation-to-be-complete-in-4q2019\/\">\r\n                            Egyptian Museum renovation to be complete in 4Q2019                        <\/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\/28\/egyptian-museum-renovation-to-be-complete-in-4q2019\/\" 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\/28\/egyptian-museum-renovation-to-be-complete-in-4q2019\/')\">\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\/28\/egyptian-museum-renovation-to-be-complete-in-4q2019\/\">\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=Egyptian Museum renovation to be complete in 4Q2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/egyptian-museum-renovation-to-be-complete-in-4q2019\/\">\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\/28\/egyptian-museum-renovation-to-be-complete-in-4q2019\/&title=Egyptian Museum renovation to be complete in 4Q2019\">\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=Egyptian+Museum+renovation+to+be+complete+in+4Q2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F07%2F28%2Fegyptian-museum-renovation-to-be-complete-in-4q2019%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\/28\/egyptian-museum-renovation-to-be-complete-in-4q2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597475\" class=\"content-area-description single-story post-597475 post type-post status-publish format-standard hentry category-on-your-way-out tag-archaeology tag-egyptian-museum tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>https:\/\/enterprise.press\/wp-content\/uploads\/2019\/06\/Egyptian-museum-1600px.jpg<\/p>\n<p><b>Egyptian Museum renovation to be complete in 4Q2019:<\/b> The Antiquities Ministry will complete the EGP 12 mn renovations to the Egyptian Museum in downtown sometime in the final quarter of the year, head of the ministry\u2019s projects division Waadallah Abul Ela <a href=\"https:\/\/www.alborsaanews.com\/2019\/07\/27\/1228969\">told the press<\/a>. The <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/17\/the-egyptian-museum-is-getting-a-facelift\/\">project<\/a> comes as authorities are set to move some of the country\u2019s most treasured antiquities to the Grand Egyptian Museum in Giza, which is due to open <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/02\/grand-egyptian-museum-inauguration-set-for-4q2020\/\">by the end of next year<\/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\/archaeology\/\">archaeology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-museum\/\">Egyptian Museum<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597476\" 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=\"597476\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/the-market-yesterday-338\/\">\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\/28\/the-market-yesterday-338\/\" 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\/28\/the-market-yesterday-338\/')\">\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\/28\/the-market-yesterday-338\/\">\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\/28\/the-market-yesterday-338\/\">\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\/28\/the-market-yesterday-338\/&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%2F28%2Fthe-market-yesterday-338%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\/28\/the-market-yesterday-338\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597476\" class=\"content-area-description single-story post-597476 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 16.52 | Sell 16.65<b><\/p>\n<p> EGP \/ USD at CIB:<\/b> Buy 16.52 | Sell 16.62<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 16.54 | Sell 16.64<\/p>\n<p><b>EGX30<\/b> (Thursday): 13,510 (-0.8%)<\/p>\n<p> <b>Turnover:<\/b> EGP 447 mn (27% below the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +3.6%<\/p>\n<p><b>THE MARKET ON THURSDAY:<\/b> The EGX30 ended Thursday\u2019s session down 0.8%. CIB, the index heaviest constituent ended down 0.6%. EGX30\u2019s top performing constituents were Orascom Development up 2.2%, Sarwa Capital Holding up 1.5%, and Heliopolis Housing up 1.5%. Thursday\u2019s worst performing stocks were AMOC down 2.7%, Kima down 2.7%, and TMG Holding down 2.4%. The market turnover was EGP 447 mn, and local investors were the sole net buyers.<\/p>\n<p><b>Foreigners<\/b>: Net Short | EGP -61.2 mn<\/p>\n<p> <b>Regional<\/b>: Net Short | EGP -0.8 mn<\/p>\n<p> <b>Domestic<\/b>: Net Long | EGP +62.1 mn<\/p>\n<p><b>Retail<\/b>: 48.4% of total trades | 52.2% of buyers | 44.6% of sellers<\/p>\n<p> <b>Institutions<\/b>: 51.6% of total trades | 47.8% of buyers | 55.4% of sellers<\/p>\n<p><b>WTI:<\/b> USD 56.20 (+0.32%)<\/p>\n<p> <b>Brent:<\/b> USD 63.46 (+0.11%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.17 MMBtu, (-3.34%, Aug 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,432.20 \/ troy ounce (+0.33%)<\/p>\n<\/p>\n<p><b>TASI:<\/b> 8,819.00 (+0.38%) (YTD: +12.68%)<\/p>\n<p> <b>ADX:<\/b> 5,387.77 (+0.57%) (YTD: +9.62%)<\/p>\n<p> <b>DFM:<\/b> 2,850.69 (-0.18%) (YTD: +12.69%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,706.76 (+0.66%)<\/p>\n<p> <b>QE:<\/b> 10,631.28 (+0.77%) (YTD: +3.23%)<\/p>\n<p> <b>MSM:<\/b> 3,754.76 (-0.27%) (YTD: -13.16%)<\/p>\n<p> <b>BB: <\/b>1,522.71 (+0.46%) (YTD: +13.87%)<\/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=\"597477\" 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\/28\/597477\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597477\" class=\"content-area-description single-story post-597477 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: 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>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): Egypt <a href=\"https:\/\/www.egyptindependent.com\/new-administrative-capital-to-host-seventh-national-youth-conference\/\">will hold<\/a> its seventh youth conference at the new administrative capital.<\/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>3 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>3-4 August (Saturday-Sunday): <a href=\"https:\/\/fab15.fabevent.org\/index.html\">Fab15 Festival, Tours, and Conference Closing<\/a>, Greek Campus, Cairo.<\/p>\n<p>4 August (Sunday): The High Administrative Court will <a href=\"https:\/\/www.alborsaanews.com\/2019\/07\/17\/1226066\">hear appeals<\/a> filed by the State Lawsuits Authority and a number of iron and steel companies to bring back the Trade Ministry decision to impose 15% import duty on iron billets.<\/p>\n<p>5 August (Monday): Egypt\u2019s Emirates NBD PMI for July released.<\/p>\n<p>7-11 August (Wednesday-Sunday): Eid El Adha (TBC).<\/p>\n<p>22 August (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>25-27 August (Sunday-Tuesday): <a href=\"https:\/\/www.elysee.fr\/en\/g7\">G7 Summit<\/a>, Biarritz, France.<\/p>\n<p>28-30 August (Wednesday-Friday): <a href=\"https:\/\/ticad7.city.yokohama.lg.jp\/about\/en\/\">Tokyo International Conference on African Development<\/a> (TICAD), Yokohama, Japan.<\/p>\n<p>29 August (Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>September: Cairo will host an Egypt-Hungary business forum, according to a <a href=\"https:\/\/ent.news\/2019\/6\/390.pdf\">Trade Ministry statement (pdf)<\/a><\/p>\n<p>2-4 September (Monday-Wednesday): <a href=\"https:\/\/www.thebig5constructegypt.com\/\">The Big 5 Construct Egypt<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>3-4 September (Tuesday-Wednesday): <a href=\"https:\/\/www.ssonetwork.com\/events-sharedservicesegypt\">Shared Services and Outsourcing Forum Middle East<\/a>, Nile Ritz Carlton, Cairo.<\/p>\n<p>8-11 September (Sunday-Wednesday): <a href=\"https:\/\/www.saharaexpo.com\/en\/home.html\">Sahara Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-12 September (Monday-Thursday): The<a href=\"https:\/\/9londonconference.efghermes.com\/pages\/home.aspx\">9th Annual EFG Hermes London Conference<\/a>, Arsenal Emirates Stadium, London.<\/p>\n<p>15 September (Sunday): Elections to the board of the Financial Regulatory Authority\u2019s Capital Markets Federation will be held, <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%86%d8%aa%d8%ae%d8%a7%d8%a8-%d8%a3%d9%88%d9%84-%d9%85%d8%ac%d9%84%d8%b3-%d8%a5%d8%af%d8%a7%d8%b1%d8%a9-%d9%84%d8%a7%d8%aa%d8%ad%d8%a7%d8%af-%d8%b3%d9%88%d9%82-%d8%a7%d9%84%d9%85%d8%a7%d9%84-1\/\">according to Al Mal<\/a>.<\/p>\n<p>17-18 September (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>18 September (Wednesday): <a href=\"https:\/\/ecommsummit.co\/\">E-Commerce Summit 2019<\/a>, Nile Ritz Carlton, Cairo.<\/p>\n<p>21 September (Saturday): Cairo\u2019s streets get really, really crowded as students at the nation\u2019s public schools go back to class.<\/p>\n<p>22 September (Sunday): The Justice Ministry\u2019s dispute resolution committee will <a href=\"https:\/\/almalnews.com\/%d9%81%d8%b6-%d9%85%d9%86%d8%a7%d8%b2%d8%b9%d8%a7%d8%aa-%d8%aa%d8%a4%d8%ac%d9%84-%d9%86%d8%b8%d8%b1-%d9%86%d8%b2%d8%a7%d8%b9-%d8%b1%d8%a7%d9%8a%d8%a9-%d8%a7%d9%84%d8%b1%d9%82%d8%a7\/\">look into a case<\/a> filed by Raya Holding\u2019s Chairman Medhat Khalil against the Financial Regulatory Authority (FRA).<\/p>\n<p>26 September (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>October: <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1405897\">A forum<\/a> will be organized by Russia\u2019s Rosatom and the Nuclear Power Plants Authority to introduce local suppliers and contractors to the Dabaa nuclear plant.<\/p>\n<p>6 October (Sunday): Armed Forces Day, national holiday.<\/p>\n<p>10-13 October (Tuesday-Sunday): <a href=\"http:\/\/biwarabia.com\/en\/\">Big Industrial Week Arabia 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23-24 October (Wednesday-Thursday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2019\/\">Intelligent Cities Exhibition & Conference<\/a>, Hilton Heliopolis, Cairo.<\/p>\n<p>23 October-1 November (Wednesday-Friday): CIB PSA Women\u2019s World Championship, Great Pyramid of Giza, Cairo.<\/p>\n<p>24 October (Thursday): <a href=\"http:\/\/en.kremlin.ru\/events\/president\/news\/60592\">Russia-Africa Summit<\/a> to take place in Sochi, co-chaired by Vladimir Putin and President Abdel Fattah El Sisi.<\/p>\n<p>28 October-22 November (Monday-Friday): <a href=\"https:\/\/www.itu.int\/en\/ITU-R\/conferences\/wrc\/2019\/Pages\/default.aspx\">World Radiocommunication Conference 2019<\/a>, Sharm El Sheikh, Egypt.<\/p>\n<p>29-30 October (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>31 October-2 November (Thursday-Saturday): Angel Oasis 2019, organized by the <a href=\"http:\/\/www.mainmena.com\/\">Middle East Angel Investment Network (MAIN)<\/a>, El Gouna, Egypt.<\/p>\n<p>3-5 November (Sunday-Tuesday): <a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html\">Electrix 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9 November (Saturday): Prophet Mohammed's birthday, national holiday.<\/p>\n<p>10-14 November (Sunday-Thursday): <a href=\"https:\/\/geomeast.org\/\">GeoMEast International Congress and Exhibition<\/a>, Marriott, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.mactech.com.eg\/\">Machtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.transpotech-eg.com\/\">Transpotech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.airtech-eg.com\/\">Airtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>November: Suez Canal Conference for Investment, organized in cooperation with the <a href=\"https:\/\/www.youm7.com\/story\/2019\/5\/21\/%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%89-%D9%86%D9%86%D8%B8%D9%85-%D9%85%D8%B9-%D9%85%D8%B5%D8%B1-%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1\/4251626\">European Union<\/a><\/p>\n<p>December: Egypt <a href=\"https:\/\/www.almalnews.com\/Story\/402348\/14\/-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%B9%D8%B1%D8%B6--%D8%A8%D8%A7%D9%83-%D8%A8%D8%B1%D9%88%D8%B3%D9%8A%D8%B3--%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84-\">will host for the first time<\/a> the Pack Process trade expo for the Middle East and African region.<\/p>\n<p>3-6 December (Tuesday-Friday): <a href=\"http:\/\/www.cairowoodshow.com\/\">Cairo WoodShow<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.pacprocess-mea.com\/\">Pacprocess Middle East Africa<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa 2019 Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>10-11 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>January 2020: 2019 Confederation of African Football (CAF) Awards, Albatros Citadel Resort, <a href=\"https:\/\/alborsaanews.com\/2019\/07\/18\/1226515\">Hurghada, Egypt<\/a>.<\/p>\n<p>January 2020: <a href=\"https:\/\/punchng.com\/uk-africa-investment-summit-holds-in-jan-2020-foreign-secretary\/\">UK-Africa Investment summit<\/a>, London, United Kingdom.<\/p>\n<p>9-12 January 2020 (Tuesday-Sunday): <a href=\"http:\/\/www.plastex-online.com\/\">PLASTEX<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25 January 2020 (Saturday): 25 January revolution anniversary \/ Police Day, national holiday.<\/p>\n<p>25 January 2020 (Saturday): Midterm break for public schools and universities. Also known as: Two weeks of good commute.<\/p>\n<p>8 February 2020 (Saturday): Midterm break ends. Traffic in Cairo stinks once more.<\/p>\n<p>11-13 February 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25-26 March 2020 (Wednesday-Thursday): <a href=\"http:\/\/www.megaprojectsconf.com\/\">Mega Projects Conference<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>5-7 May 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.afsic.net\/\">AFSIC - Investing in Africa<\/a>, London, United Kingdom.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":597441,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-597440","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"5e37c48d-b722-4351-8aeb-dd050b4f2f83","teaser":"","photo_url":"https:\/\/ent.news\/2016\/8\/1246.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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