{"id":597812,"date":"2019-05-06T04:16:48","date_gmt":"2019-05-06T04:16:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=597812"},"modified":"2025-12-16T20:05:22","modified_gmt":"2025-12-16T20:05:22","slug":"business-activity-expanded-for-first-time-in-eight-months-happy-ramadan","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/business-activity-expanded-for-first-time-in-eight-months-happy-ramadan\/","title":{"rendered":"Business activity expanded for first time in eight months \u2014 happy Ramadan"},"content":{"rendered":"<section id=\"597814\" 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=\"597814\">\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\/05\/06\/what-were-tracking-on-06-may-2019\/\">\r\n                            What we\u2019re tracking on 06 May 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\/05\/06\/what-were-tracking-on-06-may-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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And non-oil business activity expanded last month, snapping an eight-month losing streak.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <b>IMF delegation in Egypt to hold first meeting with gov\u2019t today as it completes final review: <\/b>An International Monetary Fund (IMF) delegation in town to conduct the final review of Egypt\u2019s economic reform program will hold today its first meeting with the government, a senior official told Enterprise. The delegation will complete its review in two weeks after a series of sit-downs with the authorities focused in part on forthcoming amendments to the <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/07\/madbouly-cabinet-approves-amendments-to-the-investment-act\/\">Investment Act<\/a> and other measures to attract investment.<\/p><p><b>Also on the agenda: Incentives to encourage the growth of SMEs.<\/b> The government\u2019s drive to convince informal businesses to go legit, the CBE\u2019s monetary policy stance, coming fuel subsidy cuts and the introduction of a new <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/08\/govt-to-implement-fuel-pricing-mechanism-on-95-octane-gasoline-in-2q2019\/\">automatic fuel pricing mechanism<\/a> to more oil products will also be discussed. <b>This review will determine if we will receive by early July the sixth and final USD 2 bn tranche<\/b> of the USD 12 bn facility.<\/p><p><b>We\u2019re keeping our eyes peeled for monthly inflation figures<\/b>, which are due out by the end of the week. Annual headline urban inflation <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/11\/annual-headline-inflation-eases-slightly-in-march\/\">eased slightly in March<\/a> to 14.2%, down from 14.4% the previous month.<\/p><p><b>Google Assistant now understands (but doesn\u2019t quite speak) Masry: <\/b>Google has launched its Android- and iOS-compatible Google Assistant in Egypt and KSA \u2014 and says it can understand both colloquial dialects and respond in standard Arabic, <a href=\"https:\/\/ent.news\/2019\/5\/1949.pdf\">according to an emailed press release (pdf)<\/a>. Armed with machine learning, the app will be \u201cwill only get better with time.\u201d<\/p><p><b>Hani Shukrallah has died at age 69.<\/b> An all-round good human being with a contagious smile, Hani was a veteran journalist, commentator and old-fashioned lefty who counted among his many accomplishments founding Ahram Online, which he led from 2010-2012 after having earlier edited Ahram Weekly. His family will hold an aza at Omar Makram Mosque in Tahrir Square on Thursday. <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/331108\/Egypt\/Politics-\/Prominent-Egyptian-journalist,-Ahram-Online-founde.aspx\">Ahram Online<\/a> has the official obituary.<\/p><hr class=\"grey-line\"><p><b>Egyptian football fans <\/b><b>\u2764\ufe0f<\/b><b>Gianni Infantino:<\/b> FIFA President Gianni Infantino\u2019s plan to expand the Qatar 2022 World Cup to 48 teams could be Egyptians\u2019 only hope of being able to travel to the tournament. The plan would require at least two more stadiums to accommodate the expanded roster, which Qatar is unable to do. Saudi Arabia has now thrown its hat into the ring as a potential co-host \u2014 but will Qatar play ball? <a href=\"https:\/\/www.ft.com\/content\/9f85d444-6b9d-11e9-80c7-60ee53e6681d\">The Financial Times<\/a> has more.<\/p><p><b>On a related note: We\u2019re now officially \u201cenemies\u201d:<\/b> No visas will be granted to so-called \u201cenemies\u201d of Qatar, thesecretary-general of the statelet\u2019s tourism council said, according to <a href=\"https:\/\/www.reuters.com\/article\/us-qatar-politics\/qatar-will-not-grant-visas-to-its-enemies-tourism-official-idUSKCN1SB06O\">Reuters<\/a>. \u201cThe visa will not be open for our enemies,\u201d Akbar Al Baker said, singling out Egypt during an event designed to promote Qatar as a tourist destination. A Qatari government spokesman later walked back Al Baker\u2019s remarks, saying they \u201cdo not reflect the state\u2019s official policy for issuing visas and that it welcomes \u2018all people of the world\u2019.\u201d<\/p><p><b>Jumia struggles to navigate Africa\u2019s rough landscape: <\/b>Jumia, which is on an investment spree to expand in Africa, is struggling with customer skepticism of online shopping, says <a href=\"https:\/\/www.ft.com\/content\/b98e9608-6a73-11e9-a9a5-351eeaef6d84\">the Financial Times<\/a>. Poor road infrastructure, traffic, and logistics challenges are also issues of major concern to the USD 1.1 bn firm, which has <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/14\/jumia-egypt-hopes-ipo-boosts-confidence-and-business\/\">recently became<\/a> the first Africa-focused tech company to list on a major stock exchange when it went public in New York.<\/p><hr class=\"grey-line\"><p><b>Global business headlines <\/b>and other news worth knowing this morning:<\/p><ul>\n<li><b>Markets are unhappy that The Donald has threatened to hike tariffs on China to 25%.<\/b> The warning came ahead of make-or-break trade talks scheduled for this week, making the story the top story in the global business press this morning. Start with <a href=\"https:\/\/www.cnbc.com\/2019\/05\/03\/trade-talks-closing-in-on-finish-line-as-markets-weigh-inflation-data-earnings-in-week-ahead.html\">CNBC<\/a> and <a href=\"https:\/\/www.reuters.com\/article\/us-usa-trade-futures\/wall-street-futures-plunge-after-trump-threatens-china-with-further-tariffs-idUSKCN1SB0SD?il=0\">Reuters<\/a> and then move on to the <a href=\"https:\/\/www.ft.com\/content\/c5847a30-6f56-11e9-bbfb-5c68069fbd15\">FT<\/a> and <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-05\/trump-says-10-china-tariffs-will-rise-to-25-on-friday?srnd=premium-middle-east\">Bloomberg<\/a> if you need more.<\/li>\n<li><b>Fighting has intensified in Gaza <\/b>in what the <a href=\"https:\/\/www.nytimes.com\/2019\/05\/05\/world\/middleeast\/gaza-rockets-israel-palestinians.html\">New York Times<\/a> is calling \u201cthe worst combat since the full-blown war in 2014.\u201d At least 22 Palestinians and four Israelis are dead. <a href=\"https:\/\/www.reuters.com\/article\/us-israel-palestinians\/death-tolls-rise-in-surging-israel-gaza-fighting-idUSKCN1SB03J\">Reuters<\/a> also has the story.<\/li>\n<\/ul><p><b>RANDOM NOTE:<\/b> NPR and CBC were staples of our households growing up, so we\u2019re a little verklempt that after 40 years, <b>NPR\u2019s Morning Edition has a new theme song.<\/b> The <a href=\"https:\/\/www.nytimes.com\/2019\/05\/05\/automobiles\/npr-morning-edition-theme-song.html\">New York Times<\/a> has the rundown, including the new and old clips. Or head to your favorite podcatcher and give a full episode a listen.<\/p><hr class=\"grey-line\"><p><b>Financial inclusion in the Middle East and Africa is the subject of a special package in the FT<\/b> in which Egypt gets scant mention despite all that\u2019s happening locally in the banks, at the CBE, in the non-bank finance sector and on Planet Startup. Still, <a href=\"https:\/\/www.ft.com\/reports\/financial-inclusion-middle-east-africa\">the landing page is here<\/a> and the headline stack includes:<\/p><ul>\n<li><a href=\"https:\/\/www.ft.com\/content\/0c6ddd3c-4b36-11e9-bde6-79eaea5acb64\">How developing nations use tech to reach the \u2018underbanked\u2019<\/a> (name-checks CIB)<\/li>\n<li><a href=\"https:\/\/www.ft.com\/content\/091c9dd0-4b36-11e9-bde6-79eaea5acb64\">Banks use fintech to further financial inclusion<\/a><\/li>\n<li><a href=\"https:\/\/www.ft.com\/content\/165a4114-4b36-11e9-bde6-79eaea5acb64\">Cash culture drags on financial inclusion efforts in north Africa<\/a><\/li>\n<\/ul><hr class=\"grey-line\"><p><b>What we\u2019re tracking today, the Ramadan Edition:<\/b><\/p><p><b>This is how Canada celebrates Ramadan<\/b>, via Muhammad Lila on Twitter (<a href=\"https:\/\/twitter.com\/muhammadlila\/status\/1124728081879408640\">watch, runtime: 2:18<\/a>).<\/p><p><b>A pre-iftar reading list <\/b>to kill the time between your post-workout shower and the breaking of the fast:<\/p><ul>\n<li><b>For the gearheads: The fight for the right to drive.<\/b> People who love to drive have \u201cdeep misgivings about the prospect of a fully autonomous, steering-wheel-less future.\u201d Meet the funky cast of characters who want to keep things like the Cannonball Run alive. (<a href=\"https:\/\/www.newyorker.com\/culture\/annals-of-inquiry\/the-fight-for-the-right-to-drive?utm_source=pocket-newtab\">New Yorker<\/a>)<\/li>\n<li><b>Life begins at 60 \u2014 the rise of the \u2018Young-Old\u2019 society: <\/b>As we live longer, healthier lives, the worlds of work and leisure are on the cusp of radical change. (<a href=\"https:\/\/www.ft.com\/content\/de2ce58c-6b40-11e9-a9a5-351eeaef6d84\">Financial Times<\/a>)<\/li>\n<li><b>Why men won\u2019t go to the doctor, and how to change that.<\/b> Many men view health complaints as a sign of weakness, so health-care providers are looking for ways around their reluctance. Think of it as part a source of inspirational business ideas, half warning to take your health seriously. (<a href=\"https:\/\/www.wsj.com\/articles\/why-men-wont-go-to-the-doctor-and-how-to-change-that-11556590080\">WSJ<\/a>)<\/li>\n<\/ul><p><b>RAMADAN PSA #1- It\u2019s a short working day on Planet Finance. <\/b>Employees work 9am-2pm, while doors are open from 9:30am until 1:30pm for customers. Shares trade hands on the stock market from 10:00am until 1:30pm.<\/p><p><b>RAMADAN PSA #2- Need help choosing which serial to tune into? <\/b>Check out lists of mosalsalat with potted plot summaries from <a href=\"http:\/\/www.egypttoday.com\/Article\/4\/70064\/What-will-you-be-watching-in-Ramadan\">Egypt Today<\/a> (English) and <a href=\"https:\/\/www.elcinema.com\/ramadan\/2019\/?utf8=%E2%9C%93&amp;order=views&amp;country=&amp;genre=&amp;page=1\">El Cinema<\/a> (Arabic).<\/p><p><b>RAMADAN PSA #3- Don\u2019t feel (quite so) guilty about pigging out on konafa. <\/b>Sugars in honey (like those in maple syrup and the fiber in fruits and whole grains) have been linked to improved levels of probiotics and prebiotics that make happy the \u201cgood\u201d bacteria in our guts. The impact on our blood sugar levels is another matter\u2026 Go read <a href=\"https:\/\/www.wsj.com\/articles\/how-eating-more-of-what-you-love-can-make-you-healthier-11556822538\">How eating more of what you love can make you healthier<\/a> in the Wall Street Journal.<\/p><p><b>So, when can we eat? <\/b>Maghrib is at 6:35pm CLT today in Cairo. You\u2019ll have until 3:32am tomorrow morning to caffeinate \/ finish your sohour.<\/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\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> 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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\/05\/06\/coverage-of-national-projects-wrests-control-over-egypts-airwaves\/\">\r\n                            Coverage of national projects wrests control over Egypt\u2019s airwaves                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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           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=Coverage+of+national+projects+wrests+control+over+Egypt%E2%80%99s+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Fcoverage-of-national-projects-wrests-control-over-egypts-airwaves%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\/05\/06\/coverage-of-national-projects-wrests-control-over-egypts-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597816\" class=\"content-area-description single-story post-597816 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-development tag-energy tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>National projects were the topic du jour on the airwaves last night<\/b>, starring Aswan\u2019s Benban solar complex and new Suez Canal tunnels. Benban earned some airtime thanks to World Bank President David Malpass\u2019 visit to the site, which Al Hayah Al Youm\u2019s Khaled Abu Bakr reminded us was recently named by the World Bank as its top project for the year (<a href=\"https:\/\/www.youtube.com\/watch?v=PnqY9_fYJ1o\">watch, runtime: 1:28<\/a>). We have chapter and verse in this morning\u2019s Speed Round, below.<\/p>\n<p><b>President Abdel Fattah El Sisi inaugurated four tunnels in Ismailia and Port Said<\/b>, which should reduce the time it takes to cross the Suez Canal into and from Sinai to ten minutes or less, Hona Al Asema\u2019s Reham Ibrahim highlighted (<a href=\"https:\/\/www.youtube.com\/watch?v=xFxoQFtKw04\">watch, runtime: 4:49<\/a>). Reham had a chat with road and transport consultant Emad Nabil, who said the tunnels are \u201cthe second most important project after the Suez Canal,\u201d and are a necessity for the Afro-Asian integration project.<\/p>\n<p><b>Tunnels are key to Sinai development: <\/b>Masaa DMC\u2019s Eman El Hosary, meanwhile, got her sage advice from Hisham Okeel, Ain Shams University transportation expert. Okeel said the tunnels will facilitate the reconstruction process of Sinai, in addition to linking the region to the rest of the country (<a href=\"https:\/\/www.youtube.com\/watch?v=9xo5WBePO34\">watch, runtime: 7:15<\/a>). Sinai is \u201cstrategically important\u201d to national security, Okeel pointed out, adding that the construction of tunnels and bridges in the area will prove economically beneficial to the Suez Canal Development Axis.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/infrastructure\/\">infrastructure<\/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=\"597817\" 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=\"597817\">\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\/05\/06\/egypts-non-oil-business-activity-expands-for-the-first-time-in-eight-months\/\">\r\n                            Egypt\u2019s non-oil business activity expands for the first time in eight months                        <\/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\/05\/06\/egypts-non-oil-business-activity-expands-for-the-first-time-in-eight-months\/\" 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\/05\/06\/egypts-non-oil-business-activity-expands-for-the-first-time-in-eight-months\/')\">\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\/05\/06\/egypts-non-oil-business-activity-expands-for-the-first-time-in-eight-months\/\">\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 non-oil business activity expands for the first time in eight months&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-non-oil-business-activity-expands-for-the-first-time-in-eight-months\/\">\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\/05\/06\/egypts-non-oil-business-activity-expands-for-the-first-time-in-eight-months\/&title=Egypt\u2019s non-oil business activity expands for the first time in eight months\">\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+non-oil+business+activity+expands+for+the+first+time+in+eight+months+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Fegypts-non-oil-business-activity-expands-for-the-first-time-in-eight-months%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\/05\/06\/egypts-non-oil-business-activity-expands-for-the-first-time-in-eight-months\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/1730.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597818\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-non-oil-business-activity-expands-for-the-first-time-in-eight-months\/1730-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/1730.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1730.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/1730.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/1730.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597817\" class=\"content-area-description single-story post-597817 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-emirates-nbd tag-enterpriseam tag-pmi 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>Non-oil business activity expanded for the first time in eight months in April<\/b>, driven by a rise in domestic orders, according to the <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/05\/20190505_EGYAprPMI.pdf\">Markit \/ Emirates NBD PMI gauge (pdf)<\/a>. The latest purchasing managers\u2019 index hit 50.8 in April up from <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/08\/egypts-non-oil-business-activity-closely-misses-growth-mark-in-march\/\">49.9 in March<\/a> \u2014 the largest monthly increase since August 2015.<\/p>\n<p><b>Making sense of the index:<\/b> A reading above 50.0 shows that business activity is expanding, while a figure below this indicates contraction.<\/p>\n<p><b>Output entered positive territory for the first time in 18 months<\/b>, but remains largely driven by domestic orders. Export orders continued to contract but staged a slight recovery from March. \u201cFirms appear to be shoring up domestic demand by price discounting \u2014 output prices dipped back below 50, the third time this year they have declined.\u201d<\/p>\n<p><b>Rising demand was spurred by price discounting,<\/b> leading output prices to contract for the third time this year. This, combined with rising input prices, is likely to put pressure on margins over the coming months.<\/p>\n<p><b>Survey respondents \u201cappear to be more confident<\/b> with regards [to] future conditions,\u201d Emirates NBD writes, noting that the number of firms expecting output to be greater over the rest of the year is greater than those with a positive outlook during the previous month. \u201cThis greater optimism is reflected in their hiring, as employment returned a reading above 50.0 \u2014 albeit marginally \u2014 for the first time since 2015.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emirates-nbd\/\">Emirates NBD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pmi\/\">PMI<\/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=\"597832\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597833\" 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=\"597833\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/emerging-economies-face-uncertainty-as-we-enter-the-age-of-automation\/\">\r\n                            Emerging economies face uncertainty as we enter the age of automation                        <\/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\/05\/06\/emerging-economies-face-uncertainty-as-we-enter-the-age-of-automation\/\" 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\/05\/06\/emerging-economies-face-uncertainty-as-we-enter-the-age-of-automation\/')\">\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\/05\/06\/emerging-economies-face-uncertainty-as-we-enter-the-age-of-automation\/\">\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=Emerging economies face uncertainty as we enter the age of automation&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/emerging-economies-face-uncertainty-as-we-enter-the-age-of-automation\/\">\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\/05\/06\/emerging-economies-face-uncertainty-as-we-enter-the-age-of-automation\/&title=Emerging economies face uncertainty as we enter the age of automation\">\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=Emerging+economies+face+uncertainty+as+we+enter+the+age+of+automation+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Femerging-economies-face-uncertainty-as-we-enter-the-age-of-automation%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\/05\/06\/emerging-economies-face-uncertainty-as-we-enter-the-age-of-automation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2118.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597834\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/emerging-economies-face-uncertainty-as-we-enter-the-age-of-automation\/2118-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2118.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2118.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2118.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2118.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597833\" class=\"content-area-description single-story post-597833 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-ai tag-automation tag-emerging-markets tag-enterpriseam tag-technology tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <b>Robots and AI will eat jobs in emerging markets:<\/b> Emerging countries are the most vulnerable to job losses caused by the increasing role of automation, artificial intelligence, and robots in the economy, <a href=\"https:\/\/www.oecd-ilibrary.org\/employment\/oecd-employment-outlook-2019_9ee00155-en\">OECD research<\/a> has found. All 11 emerging markets included in the OECD\u2019s analysis are among the 17 countries which will be most affected by technology-induced job obsolescence. Slovakia is most vulnerable to automation, with almost 65% of jobs seen as being at risk of significant change. More than 60% of Lithuanian jobs are under threat of significant change, while just under 60% of jobs in Turkey and Greece face a similar future.<\/p>\n<p><b>The threat of reshoring is real:<\/b> The growth of automation will make it more cost-effective for multinationals to relocate production in the developed world, removing incentives to invest and create jobs in emerging economies. \u201cTechnological progress, once a facilitator of globalized supply chains, now challenges emerging market manufacturers\u2019 climb up the value-added ladder and productivity growth,\u201d Marvin Barth, head of FX and EM macro strategy at Barclays Investment Bank, <a href=\"https:\/\/www.ft.com\/content\/502dd174-682f-11e9-9adc-98bf1d35a056\">told the FT<\/a>. \u201cIt is apparent in the data for investment, foreign direct investment and relative developed market expenditure on manufactured goods already,\u201d he added.<\/p>\n<p><b>A ray of light:<\/b> Automation will not necessarily become an attractive investment for EM businesses any time soon, the OECD says. The high cost of automotive equipment is beyond the reach of many EM entrepreneurs, while the prevalence of cheap, unskilled labor in many developing economies removes incentives for domestic companies to invest in the technology.<\/p>\n<p><b>The OECD\u2019s message to countries like Egypt:<\/b> Start preparing immediately to mitigate the negative economic and social effects of automation.<\/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\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automation\/\">automation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/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=\"597835\" 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=\"597835\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/a-cramped-shop-selling-fawanees-screams-ramadan-in-egypt\/\">\r\n                            A cramped shop selling fawanees screams \u201cRamadan in Egypt\u201d                        <\/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\/05\/06\/a-cramped-shop-selling-fawanees-screams-ramadan-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\/05\/06\/a-cramped-shop-selling-fawanees-screams-ramadan-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\/05\/06\/a-cramped-shop-selling-fawanees-screams-ramadan-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=A cramped shop selling fawanees screams \u201cRamadan in Egypt\u201d&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/a-cramped-shop-selling-fawanees-screams-ramadan-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\/05\/06\/a-cramped-shop-selling-fawanees-screams-ramadan-in-egypt\/&title=A cramped shop selling fawanees screams \u201cRamadan in Egypt\u201d\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=A+cramped+shop+selling+fawanees+screams+%E2%80%9CRamadan+in+Egypt%E2%80%9D+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Fa-cramped-shop-selling-fawanees-screams-ramadan-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\/05\/06\/a-cramped-shop-selling-fawanees-screams-ramadan-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2341.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597836\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/a-cramped-shop-selling-fawanees-screams-ramadan-in-egypt\/2341-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2341.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2341.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2341.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2341.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597835\" class=\"content-area-description single-story post-597835 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day tag-ramadan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>If this doesn\u2019t scream \u201cRamadan in Egypt,\u201d we don\u2019t know what does<\/b>. A cramped shop lined with Ramadan fawanees (lanterns), <a href=\"https:\/\/www.instagram.com\/p\/Bi4WJQ8l7IB\/?utm_source=ig_share_sheet&igshid=114djovbqleto\">captured by Salma Hany<\/a>, is a familiar scene in Egypt, where thousands of the colorful lanterns are sold throughout the month.<\/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\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ramadan\/\">Ramadan<\/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=\"597837\" 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=\"597837\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/foreign-coverage-of-egypt-centers-on-ancient-cemetery-discovery\/\">\r\n                            Foreign coverage of Egypt centers on ancient cemetery discovery                        <\/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\/05\/06\/foreign-coverage-of-egypt-centers-on-ancient-cemetery-discovery\/\" 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\/05\/06\/foreign-coverage-of-egypt-centers-on-ancient-cemetery-discovery\/')\">\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\/05\/06\/foreign-coverage-of-egypt-centers-on-ancient-cemetery-discovery\/\">\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=Foreign coverage of Egypt centers on ancient cemetery discovery&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/foreign-coverage-of-egypt-centers-on-ancient-cemetery-discovery\/\">\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\/05\/06\/foreign-coverage-of-egypt-centers-on-ancient-cemetery-discovery\/&title=Foreign coverage of Egypt centers on ancient cemetery discovery\">\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=Foreign+coverage+of+Egypt+centers+on+ancient+cemetery+discovery+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Fforeign-coverage-of-egypt-centers-on-ancient-cemetery-discovery%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\/05\/06\/foreign-coverage-of-egypt-centers-on-ancient-cemetery-discovery\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597837\" class=\"content-area-description single-story post-597837 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-china tag-diplomacy tag-egypt-in-the-news tag-enterpriseam tag-gaza tag-giulio-regeni tag-israel wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The foreign press remains occupied this morning with the discovery of an ancient burial site<\/b> near the Giza pyramids, blessing us with an otherwise quiet day.<\/p>\n<p>Other headlines worth noting in brief include:<\/p>\n<ul>\n<li><b>Egypt and Israel\u2019s policy goals in Gaza are directly at odds with each other<\/b>, an <a href=\"https:\/\/www.haaretz.com\/middle-east-news\/.premium-egypt-is-a-mediator-not-a-partner-1.7198438\">article in Haaretz<\/a> argues.<\/li>\n<li><b>Islamist Hazem Salah Abu Ismail has had a five-year prison sentence upheld by Egypt\u2019s top appeals court,<\/b> <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-court\/hardline-egyptian-islamist-receives-five-year-sentence-for-court-siege-case-idUSKCN1SA0L9\">Reuters<\/a> reports. Abu Ismail, a disqualified candidate in the 2012 presidential race, was handed a jail sentence in 2017 for participating in violent demonstrations at a court in Nasr City in December 2012.<\/li>\n<li><b>Egyptian and Chinese women working to build the new capital\u2019s business district<\/b> talkto Chinese media outlet <a href=\"https:\/\/news.cgtn.com\/news\/3d3d414e7959444e34457a6333566d54\/index.html\">CGTN<\/a>about their professional lives. <\/li>\n<li><b>Egyptian police agents thought Italian student Giulio Regeni was a British spy<\/b>, new testimonials suggest, according to <a href=\"https:\/\/middle-east-online.com\/en\/egypt-thought-murdered-italian-student-was-spy\">Middle East Online.<\/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\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/gaza\/\">Gaza<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/giulio-regeni\/\">Giulio Regeni<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/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=\"597838\" 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=\"597838\">\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\">ON THE FRONT PAGES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/el-sisis-inauguration-of-tunnels-crossing-the-suez-canal-tops-govt-press\/\">\r\n                            El Sisi\u2019s inauguration of tunnels crossing the Suez Canal tops gov\u2019t press                        <\/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\/05\/06\/el-sisis-inauguration-of-tunnels-crossing-the-suez-canal-tops-govt-press\/\" 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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href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi%E2%80%99s+inauguration+of+tunnels+crossing+the+Suez+Canal+tops+gov%E2%80%99t+press+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Fel-sisis-inauguration-of-tunnels-crossing-the-suez-canal-tops-govt-press%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\/05\/06\/el-sisis-inauguration-of-tunnels-crossing-the-suez-canal-tops-govt-press\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597838\" class=\"content-area-description single-story post-597838 post type-post status-publish format-standard hentry category-on-the-front-pages tag-enterpriseam tag-infrastructure tag-on-the-front-pages wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>President Abdel Fattah El Sisi\u2019s inauguration of tunnels running underneath the Suez Canal<\/b> topped the front pages of the government-owned dailies this morning (<a href=\"http:\/\/www.ahram.org.eg\/Index.aspx\">Al Ahram<\/a> | <a href=\"http:\/\/www.algomhuria.net.eg\/algomhuria\/today\/pdf-big\/\">Al Gomhuria<\/a> | <a href=\"https:\/\/www.pressreader.com\/egypt\/al-akhbar\">Al Akhbar<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-front-pages\/\">On The Front Pages<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597839\" 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=\"597839\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">WORTH A LISTEN<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/emerging-markets-where-will-they-go-from-here\/\">\r\n                            Emerging Markets: Where will they go from here?                        <\/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\/05\/06\/emerging-markets-where-will-they-go-from-here\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/emerging-markets-where-will-they-go-from-here\/606-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/606.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"606.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/606.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/606.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597839\" class=\"content-area-description single-story post-597839 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-a-listen tag-emerging-markets tag-enterpriseam tag-fiscal-policy tag-goldman-sachs tag-inflation tag-monetary-policy tag-oil-and-gas tag-worth-a-listen wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <b>Emerging markets: Where will they go from here?<\/b> After all the gloom of last year\u2019s emerging market zombie apocalypse, this Goldman Sachs podcast offers a rosier outlook for the months ahead (<a href=\"https:\/\/www.goldmansachs.com\/insights\/podcasts\/episodes\/04-11-2019-kevin-daly.html\">listen, runtime: 18:35<\/a>). The challenges of 2018 came on the back of four main issues, GS says: Tightening global financial conditions, a rise in oil prices, a slowdown in growth of developed economies, and an increase in protectionism and trade friction. Now, as the US Federal Reserve puts the brakes on rate hikes and oil prices stabilize, emerging markets have enjoyed the best start to a year since 1991.<\/p>\n<p><b>Data seems to conclusively show a recovery is ahead,<\/b> even if China and Turkey are being slower to bounce back than other emerging markets. In addition to the helping hand of the Fed and oil market stability, developing economies are now undertaking reforms seen in advanced economies in the 1990s and 2000s. This, according to the podcast, is lending more credibility to EM fiscal policies, creating positive investor sentiment and raising growth prospects for the future.<\/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\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fiscal-policy\/\">fiscal policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/goldman-sachs\/\">Goldman Sachs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-a-listen\/\">worth a listen<\/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=\"597841\" 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=\"597841\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/el-molla-signs-licensing-agreement-with-phosphate-misr\/\">\r\n                            El Molla signs licensing agreement with Phosphate Misr                        <\/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        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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/el-molla-signs-licensing-agreement-with-phosphate-misr\/\">\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=El Molla signs licensing agreement with Phosphate Misr&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/el-molla-signs-licensing-agreement-with-phosphate-misr\/\">\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\/05\/06\/el-molla-signs-licensing-agreement-with-phosphate-misr\/&title=El Molla signs licensing agreement with Phosphate Misr\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Molla+signs+licensing+agreement+with+Phosphate+Misr+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Fel-molla-signs-licensing-agreement-with-phosphate-misr%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\/05\/06\/el-molla-signs-licensing-agreement-with-phosphate-misr\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597841\" class=\"content-area-description single-story post-597841 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-commodities tag-enterpriseam tag-fertilizers wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Oil Minister Tarek El Molla signed a licensing agreement yesterday with Phosphate Misr authorizing the exclusive extraction of raw phosphate reserves from the Abu Tartoor plateau in the Western desert, according to a <a href=\"http:\/\/www.petroleum.gov.eg\/ar\/MediaCenter\/LocalNews\/pages\/mop_05052019_01.aspx\">ministry statement<\/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\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fertilizers\/\">fertilizers<\/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=\"597842\" 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=\"597842\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/steel-rolling-factories-temporarily-halt-production\/\">\r\n                            Steel rolling factories temporarily halt production                        <\/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\/05\/06\/steel-rolling-factories-temporarily-halt-production\/\" 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\/05\/06\/steel-rolling-factories-temporarily-halt-production\/')\">\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\/05\/06\/steel-rolling-factories-temporarily-halt-production\/\">\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=Steel rolling factories temporarily halt production&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/steel-rolling-factories-temporarily-halt-production\/\">\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\/05\/06\/steel-rolling-factories-temporarily-halt-production\/&title=Steel rolling factories temporarily halt production\">\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=Steel+rolling+factories+temporarily+halt+production+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Fsteel-rolling-factories-temporarily-halt-production%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\/05\/06\/steel-rolling-factories-temporarily-halt-production\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597842\" class=\"content-area-description single-story post-597842 post type-post status-publish format-standard hentry category-manufacturing tag-commodities tag-enterpriseam tag-manufacturing tag-tax wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>A number of steel rolling factories have reportedly halted production due to higher production costs as a result of tariffs imposed on imported iron billets, <a href=\"https:\/\/www.masrawy.com\/news\/news_economy\/details\/2019\/5\/5\/1562965\/-%D9%85%D8%B5%D8%A7%D9%86%D8%B9-%D8%AF%D8%B1%D9%81%D9%84%D8%A9-%D8%A7%D9%84%D8%AD%D8%AF%D9%8A%D8%AF-%D8%AA%D8%AA%D9%88%D9%82%D9%81-%D8%B9%D9%86-%D8%A7%D9%84%D8%A5%D9%86%D8%AA%D8%A7%D8%AC-%D8%A8%D8%B3%D8%A8%D8%A8-%D8%A7%D9%84%D8%B1%D8%B3%D9%88%D9%85-%D8%B9%D9%84%D9%89-%D8%AE%D8%A7%D9%85%D8%A7%D8%AA-%D8%A7%D9%84%D8%A8%D9%84%D9%8A%D8%AA-#sectionListing\">reports Masrawy<\/a>. The factories are struggling to source billets locally, as production is insufficient.<\/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\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax\/\">tax<\/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=\"597843\" 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=\"597843\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/govt-resumes-receiving-requests-to-set-up-intl-schools-in-egypt\/\">\r\n                            Gov\u2019t resumes receiving requests to set up int\u2019l schools 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\/05\/06\/govt-resumes-receiving-requests-to-set-up-intl-schools-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\/05\/06\/govt-resumes-receiving-requests-to-set-up-intl-schools-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\/05\/06\/govt-resumes-receiving-requests-to-set-up-intl-schools-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=Gov\u2019t resumes receiving requests to set up int\u2019l schools in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/govt-resumes-receiving-requests-to-set-up-intl-schools-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\/05\/06\/govt-resumes-receiving-requests-to-set-up-intl-schools-in-egypt\/&title=Gov\u2019t resumes receiving requests to set up int\u2019l schools 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=Gov%E2%80%99t+resumes+receiving+requests+to+set+up+int%E2%80%99l+schools+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Fgovt-resumes-receiving-requests-to-set-up-intl-schools-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\/05\/06\/govt-resumes-receiving-requests-to-set-up-intl-schools-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597843\" class=\"content-area-description single-story post-597843 post type-post status-publish format-standard hentry category-health-education tag-education tag-enterpriseam tag-health-education tag-regulation wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Education Ministry has decided to resume receiving requests to set up international schools, or international divisions within private schools, <a href=\"https:\/\/www.almalnews.com\/%D8%B7%D8%A7%D8%B1%D9%82-%D8%B4%D9%88%D9%82%D9%89-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D8%B9%D9%84%D9%89-%D9%82%D8%A8%D9%88%D9%84-%D8%B7%D9%84%D8%A8%D8%A7%D8%AA-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D8%AF\/\">Al Mal reports<\/a>. This is a temporary reversal of a 2017 decision to stop accepting said requests.<\/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\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597844\" 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=\"597844\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/naccud-prepares-to-tender-land-for-hotel-development\/\">\r\n                            NACCUD prepares to tender land for hotel development                        <\/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\/05\/06\/naccud-prepares-to-tender-land-for-hotel-development\/\" 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\/05\/06\/naccud-prepares-to-tender-land-for-hotel-development\/')\">\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\/05\/06\/naccud-prepares-to-tender-land-for-hotel-development\/\">\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=NACCUD prepares to tender land for hotel development&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/naccud-prepares-to-tender-land-for-hotel-development\/\">\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\/05\/06\/naccud-prepares-to-tender-land-for-hotel-development\/&title=NACCUD prepares to tender land for hotel development\">\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=NACCUD+prepares+to+tender+land+for+hotel+development+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Fnaccud-prepares-to-tender-land-for-hotel-development%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\/05\/06\/naccud-prepares-to-tender-land-for-hotel-development\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597844\" class=\"content-area-description single-story post-597844 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-new-administrative-capital tag-real-estate-housing tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The New Administrative Capital Company for Urban Development (NACCUD) is set to launch the first land tender for hotels in the new administrative capital next month, reports the <a href=\"https:\/\/www.alborsaanews.com\/2019\/05\/05\/1200517\">local press<\/a>. The consultants working on the new capital are currently mapping out the land availability and specifications for the planned hotels.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-administrative-capital\/\">new administrative capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"597845\" 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=\"597845\">\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\">Law<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/baker-mckenzie-legal-adviser-to-bank-audi-in-nbg-egypt-branch-acquisition\/\">\r\n                            Baker McKenzie legal adviser to Bank Audi in NBG Egypt branch acquisition                        <\/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\/05\/06\/baker-mckenzie-legal-adviser-to-bank-audi-in-nbg-egypt-branch-acquisition\/\" 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\/05\/06\/baker-mckenzie-legal-adviser-to-bank-audi-in-nbg-egypt-branch-acquisition\/')\">\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\/05\/06\/baker-mckenzie-legal-adviser-to-bank-audi-in-nbg-egypt-branch-acquisition\/\">\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=Baker McKenzie legal adviser to Bank Audi in NBG Egypt branch acquisition&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/baker-mckenzie-legal-adviser-to-bank-audi-in-nbg-egypt-branch-acquisition\/\">\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\/05\/06\/baker-mckenzie-legal-adviser-to-bank-audi-in-nbg-egypt-branch-acquisition\/&title=Baker McKenzie legal adviser to Bank Audi in NBG Egypt branch acquisition\">\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=Baker+McKenzie+legal+adviser+to+Bank+Audi+in+NBG+Egypt+branch+acquisition+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Fbaker-mckenzie-legal-adviser-to-bank-audi-in-nbg-egypt-branch-acquisition%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\/05\/06\/baker-mckenzie-legal-adviser-to-bank-audi-in-nbg-egypt-branch-acquisition\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597845\" class=\"content-area-description single-story post-597845 post type-post status-publish format-standard hentry category-law tag-baker-mckenzie tag-enterpriseam tag-law tag-mas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Baker McKenzie Cairo and the law firm\u2019s London office have acted as buy-side legal advisors to Bank Audi in its <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/05\/bank-audi-to-acquire-nbgs-egypt-arm\/\">recent agreement<\/a> to acquire National Bank of Greece\u2019s Egypt arm, according to an emailed statement.<\/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\/baker-mckenzie\/\">Baker McKenzie<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mas\/\">M&amp;As<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"597846\" 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=\"597846\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/christies-to-host-discussion-on-egyptian-art-in-london-tomorrow\/\">\r\n                            Christie\u2019s to host discussion on Egyptian art in London tomorrow                        <\/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\/05\/06\/christies-to-host-discussion-on-egyptian-art-in-london-tomorrow\/\" 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\/05\/06\/christies-to-host-discussion-on-egyptian-art-in-london-tomorrow\/')\">\n     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       <\/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\/05\/06\/christies-to-host-discussion-on-egyptian-art-in-london-tomorrow\/&title=Christie\u2019s to host discussion on Egyptian art in London tomorrow\">\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=Christie%E2%80%99s+to+host+discussion+on+Egyptian+art+in+London+tomorrow+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F06%2Fchristies-to-host-discussion-on-egyptian-art-in-london-tomorrow%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\/05\/06\/christies-to-host-discussion-on-egyptian-art-in-london-tomorrow\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2708.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"597847\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/christies-to-host-discussion-on-egyptian-art-in-london-tomorrow\/2708-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2708.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2708.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2708.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2708.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597846\" class=\"content-area-description single-story post-597846 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-art tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>British auction house Christie\u2019s will be hosting a panel discussion on Egyptian art<\/b> entitled \u201cEgypt\u2019s Creative Journey: Ancient, Modern & Contemporary\u201d in London tomorrow, <a href=\"https:\/\/www.egypttoday.com\/Article\/4\/70011\/Egyptian-artworks-grab-attention-at-Christie-s-London\">Egypt Today<\/a> reports. The event is supported by the British Council and will feature Nadine Abdel Ghaffar, founder of Art D\u2019Egypte, Omniya el Barr, researcher at the V&A museum, and Ramzy Dalloul, collector and founder of Dalloul Art Foundation.<\/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\/art\/\">art<\/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=\"597848\" 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=\"597848\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/the-market-yesterday-343\/\">\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\/05\/06\/the-market-yesterday-343\/\" 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\/05\/06\/the-market-yesterday-343\/')\">\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\/05\/06\/the-market-yesterday-343\/\">\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\/05\/06\/the-market-yesterday-343\/\">\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\/05\/06\/the-market-yesterday-343\/&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%2F05%2F06%2Fthe-market-yesterday-343%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\/05\/06\/the-market-yesterday-343\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597848\" class=\"content-area-description single-story post-597848 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 17.10 | Sell 17.20<b><\/p>\n<p> EGP \/ USD at CIB:<\/b> Buy 17.10 | Sell 17.20<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 17.10 | Sell 17.20<\/p>\n<p><b>EGX30<\/b> (Sunday): 14,512 (-2.5%)<\/p>\n<p> <b>Turnover:<\/b> EGP 793 mn (6% below the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +11.3%<\/p>\n<p><b>THE MARKET ON SUNDAY:<\/b> The EGX30 ended Sunday\u2019s session down 2.5%. CIB, the index heaviest constituent ended down 2.9%. EGX30\u2019s top performing constituent was Sarwa Capital Holding up 0.3%. Yesterday\u2019s worst performing stocks were Eastern Co. down 6.3%, Heliopolis Housing down 4.1% and AMOC down 4.0%. The market turnover was EGP 793 mn, and local investors were the sole net sellers.<\/p>\n<p><b>Foreigners<\/b>: Net Long | EGP +332.0 mn<\/p>\n<p> <b>Regional<\/b>: Net Long | EGP +20.1 mn<\/p>\n<p> <b>Domestic<\/b>: Net Short | EGP -352.1 mn<\/p>\n<p><b>Retail<\/b>: 48.1% of total trades | 21.4% of buyers | 74.7% of sellers<\/p>\n<p> <b>Institutions<\/b>: 51.9% of total trades | 78.6% of buyers | 25.3% of sellers<\/p>\n<p><b>WTI:<\/b> USD 60.50 (-2.32%)<\/p>\n<p> <b>Brent:<\/b> USD 69.35 (-2.12%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.57 MMBtu, (-0.85%, Jun 2019)<\/p>\n<p> <b>Gold:<\/b> USD 1,281.30 \/ troy ounce (+0.73%)<\/p>\n<p><b>TASI:<\/b> 9,178.96 (-1.69%) (YTD: +17.28%)<\/p>\n<p> <b>ADX:<\/b> 5,226.46 (-0.31%) (YTD: +6.34%)<\/p>\n<p> <b>DFM:<\/b> 2,752.76 (-0.21%) (YTD: +8.82%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,169.78 (+0.72%)<\/p>\n<p> <b>QE:<\/b> 10,461.49 (-0.18%) (YTD: +1.58%)<\/p>\n<p> <b>MSM:<\/b> 3,932.69 (-0.81%) (YTD: -9.04%)<\/p>\n<p> <b>BB: <\/b>1,436.45 (+0.13%) (YTD: +7.42%)<\/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=\"597849\" 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\/05\/06\/597849\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-597849\" class=\"content-area-description single-story post-597849 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>May: 50 Egyptian companies are set to <a href=\"https:\/\/www.elwatannews.com\/news\/details\/4078286\">visit Libya<\/a> to discuss trade, investment and reconstruction.<\/p>\n<p>May: An IMF delegation <a href=\"https:\/\/alborsaanews.com\/2019\/04\/02\/1191915\">will be in town<\/a> to conduct its final review of the reform program ahead of the disbursement of the sixth and final tranche of Egypt\u2019s USD 12 bn IMF loan.<\/p>\n<p>6 May (Monday): First day of Ramadan (TBC).<\/p>\n<p>14 May (Tuesday): Egyptian Private Equity Association annual sohour. Four Seasons Hotel, Cairo.<\/p>\n<p>23 May (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>1H2019 (date TBD): Investment Minister Sahar Nasr <a href=\"https:\/\/www.almalnews.com\/Story\/414224\/15\/-%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D9%83%D8%B3%D9%8A%D9%83-%D8%A8%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9--%D9%88%D9%81%D8%AF-%D9%85%D8%B5%D8%B1%D9%89-%D9%81%D9%89-%C2%AB%D9%85%D9%83%D8%B3%D9%8A%D9%83%D9%88-%D8%B3%D9%8A%D8%AA%D9%89%C2%BB-%D9%85%D9%86%D8%AA\">will head a delegation<\/a> of businessmen into Mexico City to explore cooperation avenues with the Latin American country.<\/p>\n<p>June: International Forum for small and medium enterprises (SMEs).<\/p>\n<p>June: Egypt will host the first economic forum for <a href=\"https:\/\/ufmsecretariat.org\/who-we-are\/\">Union for the Meditteranean<\/a> (UfM) countries to <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/04\/MIIT-PR-Egypt-med-union-forum.pdf\">promote trade and investment<\/a> in the 43 member states.<\/p>\n<p>June: President Abdel Fattah El Sisi to attend <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/330409\/Egypt\/Politics-\/Egypts-Sisi-invited-to-USAfrica-Business-Summit-in.aspx\">US-Africa Business summit<\/a> in Mozambique.<\/p>\n<p>4-5 June (Tuesday-Wednesday): <a href=\"https:\/\/www.ges2019.org\/\">Global Entrepreneurship Summit<\/a>, The Hague, the Netherlands<\/p>\n<p>5-6 June (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n<p>11-12 June (Tuesday-Wednesday): <a href=\"http:\/\/www.szwgroup.com\/offshore-mena-congress-2019\/\">Offshore Congress MENA<\/a>, InterContinental Semiramis, Cairo.<\/p>\n<p>16-17 June (Sunday-Monday): Mega Projects Conference, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>16-18 June (Sunday-Tuesday): Middle East & Africa Rail Show, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>17-18 June (Monday-Tuesday): <a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-north-africa\/index.stm\">Seamless North Africa<\/a>, Nile Ritz-Carlton, Cairo.<\/p>\n<p>17-19 June (Monday-Wednesday): <a href=\"http:\/\/platforms-root-technologies.com\/ctw\/\">Cairo Technology Week<\/a>, Hilton Heliopolis, Cairo.<\/p>\n<p>18-19 June (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>19-20 June (Wednesday-Thursday): <a href=\"https:\/\/www.pharosholding.com\/pharosinvestorconference2019\/#About_the_Conference\">Pharos Holding Annual Investor Conference<\/a>, El Gouna, Egypt.<\/p>\n<p>23 June (Sunday): <a href=\"http:\/\/www.almalnews.com\/Story\/413580\/11\/%D8%AA%D8%A3%D8%AC%D9%8A%D9%84-%D9%86%D8%B8%D8%B1-%D8%AF%D8%B9%D9%88%D9%89-%D8%B6%D8%AF-%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%AA%D9%8A-%D8%A8%D9%88%D8%B1%D8%AA%D9%88-%D9%88%D8%B9%D8%A7%D9%85%D8%B1-%D8%AC%D8%B1%D9%88%D8%A8-%D8%A5%D9%84%D9%89-23-%D9%8A%D9%88%D9%86%D9%8A\">Cairo Arbitration Court hearing<\/a> for Amer Group vs. Antaradous for Touristic Development.<\/p>\n<p>28-29 June (Friday-Saturday): <a href=\"https:\/\/www.japan.go.jp\/g20japan\/\">G20 Global Economic Summit<\/a>, Osaka, Japan.<\/p>\n<p>30 June (Sunday): June 2013 protests anniversary, national holiday.<\/p>\n<p>July: Customs officials from Egypt and the US will sit down to discuss \u201c<a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=13042019&id=cfde9b1a-02c8-4a68-9157-558560dedc3a\">procedural and administrative matters<\/a>\u201d as part of the <a href=\"https:\/\/ustr.gov\/sites\/default\/files\/U.S.%20-%20Egypt%20TIFA.pdf\">Trade and Investment Framework Agreements (TIFA)<\/a>.<\/p>\n<p>11 July (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>19-21 July (Friday-Sunday): <a href=\"http:\/\/ledmiddleeast-expo.com\/\">LED Middle East Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23 July (Tuesday): 23 July revolution anniversary, national holiday.<\/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>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>29 August (Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>2-4 September (Monday-Wednesday): <a href=\"https:\/\/www.thebig5constructegypt.com\/\">The Big 5 Construct Egypt<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>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 9th Annual EFG Hermes London Conference, Arsenal Emirates Stadium, London.<\/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>26 September (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/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>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>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>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>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>11-13 February 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International<\/p>\n<p>Exhibition Center, Nasr City, Cairo.<\/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":597813,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-597812","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"4be1d087-c34d-43d1-b4f8-d36e2bb4e3f3","teaser":"","photo_url":"https:\/\/ent.news\/2016\/10\/4660.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Business activity expanded for first time in eight months \u2014 happy Ramadan - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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