{"id":598164,"date":"2019-05-16T03:28:17","date_gmt":"2019-05-16T03:28:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=598164"},"modified":"2025-12-16T20:17:40","modified_gmt":"2025-12-16T20:17:40","slug":"unemployment-falls-for-the-second-quarter-in-a-row","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/unemployment-falls-for-the-second-quarter-in-a-row\/","title":{"rendered":"Unemployment falls for the second quarter in a row"},"content":{"rendered":"<section id=\"598166\" 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=\"598166\">\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\/16\/what-were-tracking-on-16-may-2019\/\">\r\n                            What we\u2019re tracking on 16 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\/16\/what-were-tracking-on-16-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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It was a \u201ccrazy session\u201d that hints at the market\u2019s \u201cnew normal,\u201d <a href=\"https:\/\/www.cnbc.com\/2019\/05\/15\/cramer-wednesdays-crazy-session-reflects-the-markets-new-normal.html\">CNBC screamer Jim Cramer<\/a> suggested.<\/p>\n<p><b>Asian markets fell into the red this morning after a mixed open <\/b>as the Trump administration issued an order that effectively bans US companies from using telecom equipment from Huawei and (likely) ZTE, as Reuters suggested earlier this week would happen. The news is front page in the global business press (<a href=\"https:\/\/www.ft.com\/content\/c8d6ca6a-76ab-11e9-be7d-6d846537acab\">Financial Times<\/a> | <a href=\"https:\/\/www.reuters.com\/article\/us-usa-china-huaweitech\/chinas-huawei-70-affiliates-placed-on-us-trade-blacklist-idUSKCN1SL2W4\">Reuters<\/a> | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-15\/trump-signs-order-that-could-limit-chinese-telecom-sales-in-u-s?srnd=premium-middle-east\">Bloomberg<\/a> | <a href=\"https:\/\/www.nytimes.com\/2019\/05\/15\/business\/huawei-ban-trump.html\">New York Times<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/trump-telecom-ban-takes-aim-at-china-huawei-11557953363\">Wall Street Journal<\/a>).<\/p>\n<p><b>Leading indices were lower <\/b>in China, Hong Kong, South Korea and India, with only Australia and New Zealand bucking the trend.<\/p>\n<p><b>What are the chances of multiple rate-cuts by the Fed this year?<\/b> Federal-funds futures would have us believe that the US Federal Reserve will take a hard U-turn and make multiple cuts to interest rates this year, despite positive US economic data. Expectations of a downturn in the coming years, combined with the intensifying US-China trade war, have increased investor confidence that the Fed will begin easing before long. Fed Chairman Jay Powell has poured cold water on predictions of any rate changes in the near term, and according to analysts, the probability of a cut is overpriced. <a href=\"https:\/\/www.wsj.com\/articles\/time-to-bet-on-multiple-rate-cuts-analysts-say-its-too-soon-11557920916?mod=hp_major_pos21\">The Wall Street Journal has more<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><b>In miscellany worth knowing <\/b>this morning:<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <b>Random note: <\/b>We\u2019re a few days late to this party, but think it worth noting that Reza Baqir, the IMF\u2019s senior resident representative to Egypt, has left the country to become the new governor of Pakistan\u2019s central bank. More on <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-04\/pakistan-names-imf-economist-as-central-bank-head-amid-bailout\">Bloomberg<\/a>, the <a href=\"https:\/\/www.ft.com\/content\/ff3ddd34-6e52-11e9-bf5c-6eeb837566c5\">Financial Times<\/a> or <a href=\"https:\/\/asia.nikkei.com\/Economy\/Pakistan-appoints-IMF-official-for-new-central-bank-governor\">Nikkei Asian Review<\/a>, as you prefer.<\/p>\n<p><b>Less-random fact: \u201c<\/b>Around 1 mn cubic meters of concrete as well as 1,400 km of steel wire for 160 suspension cables\u201d were <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-economy\/egypts-sisi-opens-huge-suspension-bridge-over-the-nile-idUSKCN1SL18N\">used in the construction of the Rod El Farag suspension bridge<\/a>, which President Abdel Fattah El Sisi officially opened yesterday. It is the widest suspension bridge in the world, according to the Guinness Book of World Records.<\/p>\n<p><b>Egypt was <\/b><a href=\"https:\/\/www.ft.com\/content\/c8b5bff4-765c-11e9-bbad-7c18c0ea0201\"><b>one of only three countries<\/b><\/a><b> in which Vodafone recorded revenue growth<\/b> in the year to March, alongside Greece and Portugal. As we noted yesterday, total revenues in Egypt rose to EUR 1.1 bn with a healthy EBITDA of EUR 514 mn. Vodafone\u2019s earnings release is <a href=\"https:\/\/www.vodafone.com\/content\/dam\/vodafone\/investors\/financial_results_feeds\/year-ended-31-march-2019\/FY-2019-Press-Release-FINAL.pdf\">here (pdf)<\/a>.<\/p>\n<p><b>Egypt has blocked illegal movie upload site EgyBest <\/b>as part of a wider clampdown on piracy after complaints from content providers and creators, <a href=\"https:\/\/www.egyptindependent.com\/egybest-shuts-down-amidst-purge-of-piracy-websites\/\">according to Egypt Independent<\/a>, which picked up the news from Al Masry Al Youm, its parent organization. The news comes as the Egyptian Media Company promotes its <a href=\"https:\/\/watchit.com\/\">WatchIt app<\/a> as the sole legal place to stream Ramadan mosalsalat. EMC also pulled leading soaps from YouTube.<\/p>\n<p><b>Bitcoin is back. But why?<\/b> Bitcoin has <a href=\"https:\/\/www.cnbc.com\/2019\/05\/14\/bitcoin-passes-8000-as-value-more-than-doubles-in-2019.html\">more than doubled in value<\/a> since the start of 2019 to exceed the USD 8k mark on Tuesday. The sudden appreciation could come down to it being taken more seriously as an asset class by institutions, academics and finance professionals, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-15\/why-is-bitcoin-surging-alternative-data-shows-it-s-grown-up\">Bloomberg<\/a>suggests. Data provider <a href=\"http:\/\/www.indexica.com\/\">Indexica<\/a> discovered a higher quality discourse taking place around the cryptocurrency, with three factors driving positivity: more complex conversations about Bitcoin, fewer concerns about fraud, and a shift to talking about it in the future tense rather than the past (which tends to denote optimism).<\/p>\n<hr class=\"grey-line\">\n<p><b>What We\u2019re Tracking Today, the Ramadan edition:<\/b><\/p>\n<p><b>A pre-iftar reading list to kill time<\/b> between your post-workout shower and the breaking of the fast:<\/p>\n<ul>\n<li><b>For the hard-core finance geeks among us:<\/b> Stephen Levy has been writing cogently about the development of tech since the 1980s. He recently republished a 1984 story about the rise of the then-new concept of a computerized spreadsheet. Read: <a href=\"https:\/\/www.wired.com\/2014\/10\/a-spreadsheet-way-of-knowledge\/\"><b>A spreadsheet way of knowledge<\/b><\/a><b>.<\/b> <\/li>\n<li><b>For all of us age 30 and above: <a href=\"https:\/\/www.outsideonline.com\/2317251\/heres-how-get-stronger-after-50\">Here\u2019s how to get stronger after 50<\/a><\/b>, in Outside magazine.<\/li>\n<li><b>Everything that is wrong with internet culture in one story (and we\u2019re only sorta being hyperbolic): <\/b>\u201c<a href=\"https:\/\/www.nytimes.com\/2019\/05\/14\/style\/james-charles-makeup-artist-youtube.html\">James Charles, From \u2018CoverBoy\u2019 to Canceled<\/a>: The 19-year-old internet personality and makeup artist has provoked the ire of beauty YouTube.\u201d<\/li>\n<\/ul>\n<p>Bring this to Egypt and we will forgive any number of Uber sins: <a href=\"https:\/\/techcrunch.com\/2019\/05\/14\/uber-quiet-ride\/\"><b>Uber launches Quiet Driver mode<\/b><\/a>.<\/p>\n<p><b>The 10 most-clicked links in Enterprise this past week:<\/b><\/p>\n<ul>\n<li>Egyptian bn\u2019aire Sawiris backs bail for Abraaj\u2019s Abdel-Wadood. (<a href=\"https:\/\/www.wsj.com\/articles\/egyptian-billionaire-sawiris-backs-bail-for-abraajs-abdel-wadood-11557427009\">WSJ<\/a>)<\/li>\n<li>Earth from space: Egyptian crop circles. (ESA video, <a href=\"https:\/\/www.youtube.com\/watch?v=CWXqMLBLrZc\">YouTube<\/a>)<\/li>\n<li>Sultana and croissant um ali \u2014 a dessert inspired by the legend of a protofeminist Egyptian slave girl. (<a href=\"https:\/\/www.ft.com\/content\/29312ccc-711e-11e9-bf5c-6eeb837566c5\">Financial Times<\/a>)<\/li>\n<li>\u201cMy house in Cairo,\u201d by former New Yorker Cairo correspondent Peter Hesseler, timed to coincide with the <a href=\"https:\/\/www.amazon.com\/Buried-Archaeology-Egyptian-Revolution\/dp\/0525559566\">release of his new book<\/a> on his tenure in Egypt. (<a href=\"https:\/\/www.newyorker.com\/culture\/personal-history\/my-house-in-cairo\">New Yorker<\/a>)<\/li>\n<li>I raised two successful CEOs and a doctor \u2014 here\u2019s one of the biggest mistakes I see parents making. (<a href=\"https:\/\/www.cnbc.com\/2019\/05\/08\/i-raised-2-successful-ceos-and-a-doctor-here-is-one-if-the-biggest-mistakes-parents-make.html\">CNBC<\/a>)<\/li>\n<li>\u201cSmall and medium enterprises landscape in Egypt: New facts from a new dataset,\u201d by Hala El Said and colleagues, back when she was dean of FEPS at Cairo U. (<a href=\"http:\/\/sme.ebi.gov.eg\/Documents\/A%20paper%20on%20SMEs%20Landscape%20in%20Egypt.pdf\">pdf download<\/a>)<\/li>\n<li>WhatsApp voice calls used to inject Israeli spyware on phones. (<a href=\"https:\/\/www.ft.com\/content\/4da1117e-756c-11e9-be7d-6d846537acab\">Financial Times<\/a>)<\/li>\n<li>This Gen X Mess. (<a href=\"https:\/\/www.nytimes.com\/interactive\/2019\/05\/14\/style\/generation-xers.html\">New York Times<\/a>)<\/li>\n<li>I trained myself to be less busy \u2014 and it dramatically improved my life. (<a href=\"https:\/\/www.vox.com\/first-person\/2017\/1\/25\/14362156\/busy-overwhelmed-values\">Vox<\/a>)<\/li>\n<li>How the rise of developing countries has disrupted global trade. (<a href=\"https:\/\/www.bloomberg.com\/graphics\/2019-bloomberg-new-economy\/global-trade-developing-nations\/\">Bloomberg<\/a>)<\/li>\n<\/ul>\n<p><b>PSA- Remember that rumored Stranger Things Lego set?<\/b> It is real and will be in stores on 1 June, just over a month before the debut of season three on 4 July. The set includes the Byers\u2019 residence, Hopper\u2019s Chevy Blazer and eight minifigures \u2014 the Demagorgon among them. <a href=\"https:\/\/twitter.com\/LEGO_Group\/status\/1128435143339802624\">Watch the Lego mini-video<\/a> on Twitter or <a href=\"https:\/\/shop.lego.com\/en-US\/product\/The-Upside-Down-75810?p=75810&CMP=SOC-StrangerThingsReveal\">read more on the Lego website<\/a>. The resident 11-year-old is not the only one who is excited\u2026<\/p>\n<p><b>RAMADAN PSA-<\/b> Bank hours are at 9am-2pm for employees; doors are open from 9:30am until 1:30pm for customers. The trading day at the EGX runs 10:00am until 1:30pm.<\/p>\n<p><b>WEATHER- <\/b>It\u2019s going to be hot in the capital city today, with a daytime high of 41\u00b0C. Look for a comparatively balmy 35\u00b0C tomorrow before the mercury rises again on Saturday, according to our favorite weather app. We\u2019re looking at temperatures in the 40s again at the end of next week.<\/p>\n<p><b>So, when do we eat?<\/b> Maghrib is at 6:42pm CLT today in Cairo. You\u2019ll have until 3:21am tomorrow morning to caffeinate \/ finish your sohour.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/donald-trump\/\">Donald Trump<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/interest-rates\/\">interest rates<\/a>\n                <!-- <span 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stk-m2ybv08-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" 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\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 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                 <\/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\/16\/598169\/\" 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\/16\/598169\/')\">\n                    Copy Link          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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/598169\/&title=\">\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=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F16%2F598169%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\/16\/598169\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598169\" class=\"content-area-description single-story post-598169 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Check back after Ramadan<\/b> for our daily wrapup of last night\u2019s talk shows. The talking heads are on hiatus for the duration.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598170\" 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=\"598170\">\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\/16\/egypts-unemployment-rate-falls-to-8-1-in-1q2019\/\">\r\n                            Egypt\u2019s unemployment rate falls to 8.1% in 1Q2019                        <\/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\/16\/egypts-unemployment-rate-falls-to-8-1-in-1q2019\/\" 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\/16\/egypts-unemployment-rate-falls-to-8-1-in-1q2019\/')\">\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\/16\/egypts-unemployment-rate-falls-to-8-1-in-1q2019\/\">\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 unemployment rate falls to 8.1% in 1Q2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-unemployment-rate-falls-to-8-1-in-1q2019\/\">\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\/16\/egypts-unemployment-rate-falls-to-8-1-in-1q2019\/&title=Egypt\u2019s unemployment rate falls to 8.1% in 1Q2019\">\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+unemployment+rate+falls+to+8.1%25+in+1Q2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F16%2Fegypts-unemployment-rate-falls-to-8-1-in-1q2019%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\/16\/egypts-unemployment-rate-falls-to-8-1-in-1q2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598170\" class=\"content-area-description single-story post-598170 post type-post status-publish format-standard hentry category-speed-round tag-economy tag-enterpriseam 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>GOOD NEWS- Unemployment falls for the second quarter in a row:<\/b> Egypt\u2019s unemployment rate fell to 8.1% in 1Q2019, down from <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/07\/egypts-cabinet-greenlights-consumer-credit-act\/\">8.9% in 4Q2018<\/a>and <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/16\/unemployment-rate-drops-to-10-6-in-1q2018-from-11-3-a-year-before\/\">10.6% in 1Q2018<\/a>, the Central Agency for Public Mobilization and Statistics (CAPMAS) <a href=\"http:\/\/www.capmas.gov.eg\/Pages\/ShowHmeNewsPDF.aspx?page_id=\/Admin\/News\/PressRelease\/201951511131_666.pdf&Type=News\">said yesterday<\/a>. This is the second consecutive quarter the country\u2019s unemployment rate has fallen, after it <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/18\/egypt-unemployment-ticks-up-to-10-in-3q2018\/\">ticked up marginally<\/a> to 10% in 3Q2018 from 9.9% in 2Q2018. There were 2.27 mn unemployed people at the end of the quarter, out of a 27.97 mn-strong labor force. Reuters also has the story in both their <a href=\"https:\/\/www.reuters.com\/article\/egypt-economy-unemployment\/egypts-unemployment-rate-drops-to-8-1-in-q1-2019-statistics-agency-idUSS8N1ZD022\">English<\/a> and <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKCN1SL0S0\">Arabic<\/a> services.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"598178\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598179\" 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=\"598179\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/space-tourism-is-it-finally-a-reality\/\">\r\n                            Space tourism: Is it finally a reality?                        <\/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\/16\/space-tourism-is-it-finally-a-reality\/\" 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\/16\/space-tourism-is-it-finally-a-reality\/')\">\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\/16\/space-tourism-is-it-finally-a-reality\/\">\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=Space tourism: Is it finally a reality?&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/space-tourism-is-it-finally-a-reality\/\">\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\/16\/space-tourism-is-it-finally-a-reality\/&title=Space tourism: Is it finally a reality?\">\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=Space+tourism%3A+Is+it+finally+a+reality%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F16%2Fspace-tourism-is-it-finally-a-reality%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\/16\/space-tourism-is-it-finally-a-reality\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2490.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"598180\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/space-tourism-is-it-finally-a-reality\/2490-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2490.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2490.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2490.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2490.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598179\" class=\"content-area-description single-story post-598179 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day tag-space tag-tourism tag-travel tag-virgin-galactic wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Space tourism: Is it finally a reality?<\/b> Virgin Galactic could begin flying tourists into space as early as this year, following major engineering redesigns after the death of a test pilot in 2014, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-10\/virgin-galactic-plans-first-commercial-space-flight-for-this-year?srnd=premium-middle-east\">Bloomberg<\/a> reports. Some 700 customers have already signed up for the ride, each paying USD 250k for a 90-minute flight where a carrier aircraft will take the Virgin Galactic spacecraft up 45k feet, before the spacecraft fires its rockets to blast off into suborbital space.<\/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\/space\/\">space<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/travel\/\">travel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/virgin-galactic\/\">Virgin Galactic<\/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=\"598181\" 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=\"598181\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypt-in-the-news-on-16-may-2019\/\">\r\n                            Egypt in the news on 16 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\/16\/egypt-in-the-news-on-16-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypt-in-the-news-on-16-may-2019\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypt-in-the-news-on-16-may-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the news on 16 May 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class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The international press is blessing us with another quiet morning<\/b>, with no single story on Egypt getting widespread attention.<\/p>\n<p>Headlines worth a brief skim:<\/p>\n<ul>\n<li><b>Bad times for NGOs:<\/b> Egypt is a country in which \u201canti-NGO measures are pending or possible,\u201d according to a recently-released <a href=\"https:\/\/freedomhouse.org\/report\/special-reports\/freedom-under-threat-spread-anti-ngo-measures-africa\">report by Freedom House<\/a>.<\/li>\n<li><b>Good times for potato farmers:<\/b> Potato farmers in Egypt are enjoying a bumper harvest this year after imported Chinese seeds brought a 50% higher yield, <a href=\"http:\/\/www.xinhuanet.com\/english\/2019-05\/15\/c_138060526.htm\">Xinhua<\/a>reports.<\/li>\n<li><b>Iftars for the poor:<\/b> A volunteer group delivers \u201cdignified iftars\u201d to Egypt\u2019s poor, <a href=\"https:\/\/gulfnews.com\/world\/mena\/initiative-delivers-dignified-iftars-to-egypts-poor-1.63956112\">Gulf News<\/a> reports.<\/li>\n<li><b>Still more Ikhwan: <\/b><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-15\/who-are-the-muslim-brotherhood-are-they-terrorists-quicktake\">Bloomberg<\/a> is the latest outlet to chime in on the topic that the international media can\u2019t seem to get enough of these days.<\/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\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/belt-and-road-initiative\/\">Belt and Road Initiative<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/civil-society\/\">civil society<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/ramadan\/\">Ramadan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/terrorism\/\">terrorism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/us\/\">US<\/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=\"598182\" 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=\"598182\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE FRONT PAGES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/el-sisi-opens-two-new-bridges-linking-strategic-areas\/\">\r\n                            El Sisi opens two new bridges, linking strategic areas                        <\/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\/16\/el-sisi-opens-two-new-bridges-linking-strategic-areas\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n       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areas&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/el-sisi-opens-two-new-bridges-linking-strategic-areas\/\">\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\/16\/el-sisi-opens-two-new-bridges-linking-strategic-areas\/&title=El Sisi opens two new bridges, linking strategic areas\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi+opens+two+new+bridges%2C+linking+strategic+areas+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F16%2Fel-sisi-opens-two-new-bridges-linking-strategic-areas%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\/16\/el-sisi-opens-two-new-bridges-linking-strategic-areas\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598182\" class=\"content-area-description single-story post-598182 post type-post status-publish format-standard hentry category-on-the-front-pages tag-abdel-fattah-el-sisi tag-enterpriseam tag-infrastructure-watch 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 two major bridges tops the front pages of the country\u2019s three state-run dailies this morning<\/b> (<a href=\"http:\/\/www.ahram.org.eg\/News\/203017\/25\/709602\/%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89\/%D8%A5%D9%86%D8%AC%D8%A7%D8%B2-%D9%85%D8%B5%D8%B1%D9%89-%D8%AC%D8%AF%D9%8A%D8%AF-%D8%A8%D9%85%D8%B9%D8%A7%D9%8A%D9%8A%D8%B1-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D9%8A%D9%81%D8%AA%D8%AA%D8%AD-%D9%85%D8%AD%D9%88%D8%B1-%C2%AB.aspx\">Al Ahram<\/a> | <a href=\"http:\/\/www.algomhuria.net.eg\/algomhuria\/today\/fpage\/\">Al Gomhuria<\/a> | <a href=\"https:\/\/www.pressreader.com\/egypt\/al-akhbar\">Al Akhbar<\/a>). The bridges \u2014 Tahya Misr and the record-breaking Rod Al Farag \u2014 are being hailed for meeting international quality standards.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure-watch\/\">infrastructure watch<\/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=\"598183\" 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=\"598183\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/what-could-be-better-than-antibiotics-viruses-found-in-sewage\/\">\r\n                            What could be better than antibiotics? Viruses found in sewage.                        <\/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\/16\/what-could-be-better-than-antibiotics-viruses-found-in-sewage\/\" 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\/16\/what-could-be-better-than-antibiotics-viruses-found-in-sewage\/')\">\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\/16\/what-could-be-better-than-antibiotics-viruses-found-in-sewage\/\">\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=What could be better than antibiotics? Viruses found in sewage.&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/what-could-be-better-than-antibiotics-viruses-found-in-sewage\/\">\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\/16\/what-could-be-better-than-antibiotics-viruses-found-in-sewage\/&title=What could be better than antibiotics? Viruses found in sewage.\">\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=What+could+be+better+than+antibiotics%3F+Viruses+found+in+sewage.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F16%2Fwhat-could-be-better-than-antibiotics-viruses-found-in-sewage%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\/16\/what-could-be-better-than-antibiotics-viruses-found-in-sewage\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/1922.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"598184\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/what-could-be-better-than-antibiotics-viruses-found-in-sewage\/1922-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/1922.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1922.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/1922.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/1922.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598183\" class=\"content-area-description single-story post-598183 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-science tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <b>What could be better than antibiotics? Viruses found in sewage.<\/b> <a href=\"https:\/\/www.who.int\/en\/news-room\/fact-sheets\/detail\/antibiotic-resistance\">Antibiotic resistance<\/a> is one of the looming global health crises of our time, and now phages (viruses that target and kill specific bacteria) are being put forward as a way to treat illnesses that antibiotics can no longer be used on, <a href=\"https:\/\/www.vox.com\/future-perfect\/2019\/5\/14\/18618618\/phage-therapy-antibiotic-resistance\">Vox<\/a> reports. The catch? Phages are often found in really dirty places, like sewage or pond scum.<\/p>\n<p><b>How exactly does phage therapy work? <\/b>When a phage comes into contact with bacteria, it attaches itself to it, injects its own DNA into it, and then starts to reproduce, essentially overpowering the host bacteria with multiple phage copies. Phages can be deployed to target particular bacteria (unlike antibiotics, which often kill the good bacteria along with the bad). They can even cause bacteria to evolve, in some cases changing from being antibiotic-resistant to being sensitive to antibiotics, ultimately giving a patient more treatment options. Commonly used in the early 20th century, phage treatment is now experiencing a revival, with viruses being assembled by scientists. The treatment is experimental but phages themselves are abundant (with an estimated 10 mn tn on Earth at any given time) and very easy to clone and culture.<\/p>\n<p><b>Phage therapy has an Egypt tie-in:<\/b> An American who contracted an antibiotic-resistant illness in Egypt in 2015 was <a href=\"https:\/\/nexusmedianews.com\/in-a-warming-world-deadly-bacteria-are-more-resistant-to-antibiotics-7c07ad1d6917\">successfully<\/a> treated with phage therapy, with doctors saying the treatment saved his life. Egypt has a high rate of <a href=\"https:\/\/thedailycrisp.com\/why-egyptians-could-be-becoming-resistant-to-antibiotics\/\">antibiotic abuse<\/a>, including overuse of antibiotics and using them when they are not actually needed (to treat a cold, for instance). We have been <a href=\"https:\/\/www.researchgate.net\/publication\/236690927_Antibiotic_dispensing_in_Egyptian_community_pharmacies_An_observational_study\">ranked<\/a> among the top three low- and lower-middle-income countries in terms of antibiotic consumption.<\/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\/science\/\">science<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598185\" 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=\"598185\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/us-rep-case-visits-egyptian-house-of-representatives\/\">\r\n                            US Rep Case visits Egyptian House of Representatives                        <\/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\/16\/us-rep-case-visits-egyptian-house-of-representatives\/\" 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\/16\/us-rep-case-visits-egyptian-house-of-representatives\/')\">\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\/16\/us-rep-case-visits-egyptian-house-of-representatives\/\">\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=US Rep Case visits Egyptian House of Representatives&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/us-rep-case-visits-egyptian-house-of-representatives\/\">\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\/16\/us-rep-case-visits-egyptian-house-of-representatives\/&title=US Rep Case visits Egyptian House of Representatives\">\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=US+Rep+Case+visits+Egyptian+House+of+Representatives+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F16%2Fus-rep-case-visits-egyptian-house-of-representatives%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\/16\/us-rep-case-visits-egyptian-house-of-representatives\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598185\" class=\"content-area-description single-story post-598185 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam tag-house-of-representatives wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>US Representative Edward Case visited the Egyptian House of Representatives yesterday<\/b>, making him the first member of Congress to visit the legislature in three years, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1397379\">according to Al Masry Al Youm<\/a>. Case met with the heads of the National Defense and Security and House Foreign Affairs committees.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/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=\"598187\" 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=\"598187\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypt-offers-13-lng-cargoes-in-auction\/\">\r\n                            Egypt offers 13 LNG cargoes in auction                        <\/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\/16\/egypt-offers-13-lng-cargoes-in-auction\/\" 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\/16\/egypt-offers-13-lng-cargoes-in-auction\/')\">\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\/16\/egypt-offers-13-lng-cargoes-in-auction\/\">\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 offers 13 LNG cargoes in auction&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypt-offers-13-lng-cargoes-in-auction\/\">\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\/16\/egypt-offers-13-lng-cargoes-in-auction\/&title=Egypt offers 13 LNG cargoes in auction\">\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+offers+13+LNG+cargoes+in+auction+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F16%2Fegypt-offers-13-lng-cargoes-in-auction%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\/16\/egypt-offers-13-lng-cargoes-in-auction\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598187\" class=\"content-area-description single-story post-598187 post type-post status-publish format-standard hentry category-energy tag-egas tag-egyptian-natural-gas-holding-company tag-energy tag-enterpriseam tag-oil-and-gas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Natural Gas Holding Company (EGAS) is offering 13 LNG cargoes in a number of auctions for shipment in June and July, <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKCN1SL0BG\">Reuters reports<\/a>. Egypt is expected to <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/15\/egypt-to-export-usd-2-bn-worth-of-natural-gas-next-fiscal-year\/\">export 12 mn tonnes of natural gas<\/a> worth USD 2 bn in FY2019-2020.<\/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\/egas\/\">EGAS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-natural-gas-holding-company\/\">Egyptian Natural Gas Holding Company<\/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\/oil-and-gas\/\">oil and gas<\/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=\"598188\" 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=\"598188\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/central-bank-of-egypt-ebrd-look-to-set-up-new-entity-to-settle-govt-bonds\/\">\r\n                            Central Bank of Egypt, EBRD look to set up new entity to settle gov\u2019t bonds                        <\/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\/16\/central-bank-of-egypt-ebrd-look-to-set-up-new-entity-to-settle-govt-bonds\/\" 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\/16\/central-bank-of-egypt-ebrd-look-to-set-up-new-entity-to-settle-govt-bonds\/')\">\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\/16\/central-bank-of-egypt-ebrd-look-to-set-up-new-entity-to-settle-govt-bonds\/\">\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=Central Bank of Egypt, EBRD look to set up new entity to settle gov\u2019t bonds&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/central-bank-of-egypt-ebrd-look-to-set-up-new-entity-to-settle-govt-bonds\/\">\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\/16\/central-bank-of-egypt-ebrd-look-to-set-up-new-entity-to-settle-govt-bonds\/&title=Central Bank of Egypt, EBRD look to set up new entity to settle gov\u2019t bonds\">\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=Central+Bank+of+Egypt%2C+EBRD+look+to+set+up+new+entity+to+settle+gov%E2%80%99t+bonds+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F16%2Fcentral-bank-of-egypt-ebrd-look-to-set-up-new-entity-to-settle-govt-bonds%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\/16\/central-bank-of-egypt-ebrd-look-to-set-up-new-entity-to-settle-govt-bonds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598188\" class=\"content-area-description single-story post-598188 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-ebrd tag-enterpriseam tag-portfolio-investment tag-treasuries wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Central Bank of Egypt and the European Bank for Reconstruction and Development (EBRD) are looking into setting up a new specialized body to settle government bonds and set up a comprehensive electronic system for their trading, <a href=\"https:\/\/almalnews.com\/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%88%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A-%D9%84%D8%A5%D8%B9%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%A5%D8%B9%D9%85%D8%A7%D8%B1\/\">sources close to the matter tell Al Mal<\/a>. The new entity will take over tasks that are currently under Misr for Central Clearing\u2019s mandate, including settling taxes due on bond sales, the sources said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ebrd\/\">EBRD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/portfolio-investment\/\">portfolio investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/treasuries\/\">treasuries<\/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=\"598189\" 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=\"598189\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/nine-companies-submit-offers-for-development-of-delta-steel-mill-company\/\">\r\n                            Nine companies submit offers for development of Delta Steel Mill Company                        <\/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\/16\/nine-companies-submit-offers-for-development-of-delta-steel-mill-company\/\" 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\/16\/nine-companies-submit-offers-for-development-of-delta-steel-mill-company\/')\">\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\/16\/nine-companies-submit-offers-for-development-of-delta-steel-mill-company\/\">\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=Nine companies submit offers for development of Delta Steel Mill Company&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/nine-companies-submit-offers-for-development-of-delta-steel-mill-company\/\">\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\/16\/nine-companies-submit-offers-for-development-of-delta-steel-mill-company\/&title=Nine companies submit offers for development of Delta Steel Mill Company\">\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=Nine+companies+submit+offers+for+development+of+Delta+Steel+Mill+Company+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F16%2Fnine-companies-submit-offers-for-development-of-delta-steel-mill-company%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\/16\/nine-companies-submit-offers-for-development-of-delta-steel-mill-company\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598189\" class=\"content-area-description single-story post-598189 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-commodities tag-delta-steel tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Nine companies have submitted proposals for the USD 45 mn development of the Delta Steel Company, Chemical Industries Holding Company Chairman Medhat Nafi <a href=\"https:\/\/www.youm7.com\/story\/2019\/5\/15\/%D8%A7%D9%84%D9%82%D8%A7%D8%A8%D8%B6%D8%A9-%D8%A7%D9%84%D9%85%D8%B9%D8%AF%D9%86%D9%8A%D8%A9-9-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%AA%D9%82%D8%AF%D9%85%D8%AA-%D9%84%D8%AA%D8%B7%D9%88%D9%8A%D8%B1-%D8%A7%D9%84%D8%AF%D9%84%D8%AA%D8%A7-%D9%84%D9%84%D8%B5%D9%84%D8%A8-%D8%A8%D8%AA%D9%83%D9%84%D9%81%D8%A9-45\/4242152\">tells Youm7<\/a>. The company aims to increase its annual production tenfold to 500k tonnes of steel billets, from a current 50k tonnes.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/delta-steel\/\">Delta Steel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598190\" 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=\"598190\">\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\">Legislation + Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-draft-social-security-and-pensions-act-to-reach-parliament-by-june\/\">\r\n                            Egypt\u2019s draft Social Security and Pensions Act to reach parliament by June                        <\/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\/16\/egypts-draft-social-security-and-pensions-act-to-reach-parliament-by-june\/\" 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\/16\/egypts-draft-social-security-and-pensions-act-to-reach-parliament-by-june\/')\">\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\/16\/egypts-draft-social-security-and-pensions-act-to-reach-parliament-by-june\/\">\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 draft Social Security and Pensions Act to reach parliament by June&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-draft-social-security-and-pensions-act-to-reach-parliament-by-june\/\">\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\/16\/egypts-draft-social-security-and-pensions-act-to-reach-parliament-by-june\/&title=Egypt\u2019s draft Social Security and Pensions Act to reach parliament by June\">\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+draft+Social+Security+and+Pensions+Act+to+reach+parliament+by+June+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F16%2Fegypts-draft-social-security-and-pensions-act-to-reach-parliament-by-june%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\/16\/egypts-draft-social-security-and-pensions-act-to-reach-parliament-by-june\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598190\" class=\"content-area-description single-story post-598190 post type-post status-publish format-standard hentry category-legislation-policy tag-enterpriseam tag-law tag-legislation-policy tag-social-welfare wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Social Solidarity Ministry will send the Social Security and Pensions Act to the House of Representatives for review and approval at the beginning of June, an unidentified source tells <a href=\"https:\/\/almalnews.com\/%D8%A7%D9%84%D8%AA%D8%B6%D8%A7%D9%85%D9%86-%D8%AA%D8%B3%D9%84%D9%85-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D9%85%D8%B9%D8%A7%D8%B4\/\">Al Mal<\/a>. The bill aims to amend the overall framework governing social welfare and pensions programs by guaranteeing the right to unemployment benefits and establish a new pension fund. Ministry spokesman Mohamed El Okabi <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/22\/govt-expects-egypts-new-social-security-and-pensions-act-to-take-effect-in-july\/\">had previously said<\/a> the legislation is expected to come into effect by July.<\/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\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-policy\/\">Legislation + Policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-welfare\/\">social welfare<\/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=\"598191\" 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=\"598191\">\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\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/my-morning-routine-hassan-massoud-principal-equity-lead-egypt-southern-mediterranean-at-the-ebrd\/\">\r\n                            My Morning Routine: Hassan Massoud, principal equity lead, Egypt &#038; Southern Mediterranean at the EBRD                        <\/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\/16\/my-morning-routine-hassan-massoud-principal-equity-lead-egypt-southern-mediterranean-at-the-ebrd\/\" 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\/16\/my-morning-routine-hassan-massoud-principal-equity-lead-egypt-southern-mediterranean-at-the-ebrd\/')\">\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\/16\/my-morning-routine-hassan-massoud-principal-equity-lead-egypt-southern-mediterranean-at-the-ebrd\/\">\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=My Morning Routine: Hassan Massoud, principal equity lead, Egypt &#038; Southern Mediterranean at the EBRD&url=https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/my-morning-routine-hassan-massoud-principal-equity-lead-egypt-southern-mediterranean-at-the-ebrd\/\">\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\/16\/my-morning-routine-hassan-massoud-principal-equity-lead-egypt-southern-mediterranean-at-the-ebrd\/&title=My Morning Routine: Hassan Massoud, principal equity lead, Egypt &#038; Southern Mediterranean at the EBRD\">\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=My+Morning+Routine%3A+Hassan+Massoud%2C+principal+equity+lead%2C+Egypt+%26%23038%3B+Southern+Mediterranean+at+the+EBRD+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F05%2F16%2Fmy-morning-routine-hassan-massoud-principal-equity-lead-egypt-southern-mediterranean-at-the-ebrd%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\/16\/my-morning-routine-hassan-massoud-principal-equity-lead-egypt-southern-mediterranean-at-the-ebrd\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/3183.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"598192\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/my-morning-routine-hassan-massoud-principal-equity-lead-egypt-southern-mediterranean-at-the-ebrd\/3183-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/3183.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"3183.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/3183.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/3183.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598191\" class=\"content-area-description single-story post-598191 post type-post status-publish format-standard has-post-thumbnail hentry category-my-morning-routine tag-enterpriseam tag-my-morning-routine 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> My Morning Routine looks each week at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is Hassan Massoud, principal equity lead for Egypt and the Southern Mediterranean at the <a href=\"https:\/\/www.ebrd.com\/home\">European Bank for Reconstruction and Development<\/a> (EBRD).<\/p>\n<p><b>I\u2019m Hassan Massoud. As the principal equity lead, I originate, assess, and execute potential equity investment opportunities for the EBRD in Egypt<\/b> and across the Southern Mediterranean region, which includes Egypt, Lebanon, Jordan, Morocco, and Tunisia. Our wide investment mandate covers everything from initial public offerings (IPOs) to private equity co-investments to quasi-equity and mezzanine structures. We work flexibly across the capital structure, but what sets EBRD apart is its breadth of industrial expertise. I have the luxury of calling on industrial expertise on everything from building naphtha crackers to non-performing loan buyouts. Once, I was searching the internal website for a colleague whose name starts with \u201cNu\u2026\u201d and discovered that EBRD has a number of nuclear safety experts \u2014 just in case.<\/p>\n<p><b>The EBRD was established in 1991 after the fall of the Berlin wall<\/b> to foster \u201cmarket-oriented economies and the promotion of private and entrepreneurial initiative.\u201d This remains our guiding principle and we\u2019ve since expanded from east and central Europe to central Asia and the southern and eastern Mediterranean region, investing almost EUR 135 bn across 38 economies.<\/p>\n<p><b>In the region, we\u2019ve invested growth equity in Ibn Sina<\/b>, an Egyptian pharma distributor, helping bring the company to its current leading market position and taking it to IPO with the founders \u2014 and taken an equity stake to expand Jordan\u2019s Queen Alia airport. We have also done a number of co-investments with private equity firms, taken a stake in Bank Audi, and are actively looking to do more.<\/p>\n<p><b>It\u2019s difficult to tell you what kinds of investments we\u2019re looking at today without breaching 17 different non-disclosure agreements<\/b>, but here\u2019s a brief idea: A consolidation in midstream food and agriculture with a regional private equity player; a number of large-scale project finance greenfields; providing minority growth capital to a tech-driven business; and a large-cap buyout in the consumer space. We\u2019re also seriously studying the companies in the Egyptian government\u2019s privatization program.<\/p>\n<p><b>There is only one real cornerstone to my morning routine<\/b>: As soon as I wake up, I try to drink more than a liter of freshly squeezed (but unsweetened) lemon water. There\u2019s lots of scientific and quasi-scientific stuff online about why this unorthodox activity is a great way to start your day, but empirically, I assure you that it has the alerting effects of a strong cup of coffee, but via a much gentler and organic push. In the chunk of time it takes me to drink a liter of water, I read Enterprise and scroll through my Twitter feed (the American day is just ending then, so American Twitter is particularly lively).<\/p>\n<p><b>I don\u2019t know how to meditate<\/b> or do yoga, so I don\u2019t do that.<\/p>\n<p><b>The car ride to the office is for audiobooks, podcasts, or random interviews on YouTube<\/b>. It feels good to warm up by thinking about something completely unrelated to the rest of my day. Breakfast doesn\u2019t really feature because anything that I can cook for myself pales in comparison to a hearty early lunch. Sometimes, I will stop at my parents\u2019 on the way to the office for a proper breakfast of eggs, Alexandrian sogok, and impassioned arguments about politics.<\/p>\n<p><b>I\u2019ve started taking a more conscious approach to my digital diet<\/b>. I don\u2019t own a TV and try to keep my phone facedown to avoid notifications as much as possible. Twitter consistently feels like the best use of time on my phone. My feed is a collection of topics I\u2019ve accrued from previous professional associations \u2013 private equity in Africa, startups and tech products \u2013 or pet causes I\u2019ve picked up over the years like Kenyan and South African politics, Trump White House drama, or the increasingly strange cult around Bitcoin #HODL\u2019ers.<\/p>\n<p><b>What have I read and loved recently? <\/b>I can\u2019t resist giving you a quick list:<a href=\"https:\/\/www.amazon.com\/Parting-Desert-Creation-Suez-Canal-ebook\/dp\/B002MHOCZS\/\"><b>Parting The Desert<\/b><\/a> is a great book about the making of Suez Canal, the OG of 19th century project finance investments. The canal was conceived and executed by a French entrepreneur, majority owned by the Egyptian government, publicly listed in France, and fiercely opposed by the British government \u2014 one of the most fascinating stories of 19th century politics and finance.<\/p>\n<p><b>Robert Sapolsky\u2019s <\/b><a href=\"https:\/\/www.amazon.com\/Primates-Memoir-Neuroscientists-Unconventional-Baboons-ebook\/dp\/B0012OYBGC\"><b>A Primate\u2019s Memoir<\/b><\/a> is a highly entertaining account of his time studying baboons in Kenya in the 1970s. The book is part travelogue, part observations of the social life of baboons, part intro to the intersection of the study of hormones and sociology.<\/p>\n<p><b>Fi Al She\u2019r Al Gaheli,<\/b> is <b>Taha Hussein<\/b> at his peak intellectual combativeness. This pretends to be a book about poetry but is actually a hard-hitting critical take on how early Islamic politics abused both language and poetry.<\/p>\n<p>And in <b>Sanay\u2019eyet Masr,<\/b> <b>Omar Taher<\/b> takes a quick tour of the untold stories of the industrialists and craftsmen and women who built the industries and trades that shaped Egypt\u2019s 20th century, like Anis Ebeid and El Deif Ahmed.<\/p>\n<p>Almost all of my work activities are related directly to one transaction or another, so <b>to stay organized, I start with a simple list of transactions<\/b>. I then filter that into two lists: Things I Owe Others (be it decisions, feedback, documents, analyses, introductions, models, etc) and Things Others Owe Me. While this systems fits almost everything and keeps things moving, its primary and ongoing failure is grocery shopping, which never seems to fall on either list. I use <a href=\"https:\/\/www.elmenus.com\/\">Elmenus<\/a> at least as much as most people use WhatsApp.<\/p>\n<p><b>What\u2019s the best piece of business advice I\u2019ve ever been given and by whom? <\/b>Most business advice is only meaningful in the context of its giver\u2019s biases, but here\u2019s a cute excerpt from Stephen Colbert\u2019s speech to my graduating class at Knox College that really stuck with me: \u201cWhen I was starting out in Chicago, doing improvisational theatre, there was only one rule I was taught about improv. That was, \u2018yes-and.\u2019 And yes-anding means that when you go onstage to improvise a scene with no script, you have to accept what the other improviser initiates on stage. They say you're doctors\u2014you're doctors. And then, you add to that: We're doctors and we're trapped in an ice cave. And then hopefully they \u2018yes-and\u2019 you back. You have to be aware of what the other performer is offering you, so that you can agree and add to it. And through these agreements, you can improvise a scene or a one-act play. Neither of you are really in control. It's more of a mutual discovery. So say \u2018yes.\u2019 And if you're lucky, you'll find people who will say \u2018yes\u2019 back.\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\/my-morning-routine\/\">MY MORNING ROUTINE<\/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=\"598193\" 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=\"598193\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/the-market-yesterday-351\/\">\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\/16\/the-market-yesterday-351\/\" 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\/16\/the-market-yesterday-351\/')\">\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\/16\/the-market-yesterday-351\/\">\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\/16\/the-market-yesterday-351\/\">\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\/16\/the-market-yesterday-351\/&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%2F16%2Fthe-market-yesterday-351%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\/16\/the-market-yesterday-351\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598193\" class=\"content-area-description single-story post-598193 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 17.02 | Sell 17.12<b><\/p>\n<p> EGP \/ USD at CIB:<\/b> Buy 16.99 | Sell 17.09<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 17.01 | Sell 17.11<\/p>\n<p><b>EGX30<\/b> (Wednesday): 13,809 (-1.5%)<\/p>\n<p> <b>Turnover:<\/b> EGP 380 mn (53% below the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +5.9%<\/p>\n<p><b>THE MARKET ON WEDNESDAY:<\/b> The EGX30 ended Wednesday\u2019s session down 1.5%. CIB, the index heaviest constituent ended down 1.0%. EGX30\u2019s top performing constituent was Heliopolis Housing up 0.8%. Yesterday\u2019s worst performing stocks were Cairo Investment & Real Estate Development down 5.7%, Ezz Steel down 5.0% and Egyptian Resorts down 4.7%. The market turnover was EGP 380 mn, and regional investors were the sole net sellers.<\/p>\n<p><b>Foreigners<\/b>: Net Long | EGP +5.3 mn<\/p>\n<p> <b>Regional<\/b>: Net Short | EGP -10.6 mn<\/p>\n<p> <b>Domestic<\/b>: Net Long | EGP +5.3 mn<\/p>\n<p><b>Retail<\/b>: 43.7% of total trades | 44.5% of buyers | 42.9% of sellers<\/p>\n<p> <b>Institutions<\/b>: 56.3% of total trades | 55.5% of buyers | 57.1% of sellers<\/p>\n<p><b>WTI:<\/b> USD 62.14 (+0.19%)<\/p>\n<p> <b>Brent:<\/b> USD 71.77 (+0.74%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.61 MMBtu, (+0.31%, Jun 2019)<\/p>\n<p> <b>Gold:<\/b> USD 1,297.30 \/ troy ounce (-0.04%)<\/p>\n<p><b>TASI:<\/b> 8,480.70 (+1.27%) (YTD: +8.36%)<\/p>\n<p> <b>ADX:<\/b> 4,777.57 (-0.52%) (YTD: -2.80%)<\/p>\n<p> <b>DFM:<\/b> 2,583.74 (-1.12%) (YTD: +2.13%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,011.41 (+0.21%)<\/p>\n<p> <b>QE:<\/b> 9,864.26 (+0.67%) (YTD: -4.22%)<\/p>\n<p> <b>MSM:<\/b> 3,828.21 (+0.16%) (YTD: -11.46%)<\/p>\n<p> <b>BB: <\/b>1,408.66 (+0.22%) (YTD: +5.34%)<\/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=\"598194\" 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\/16\/598194\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598194\" class=\"content-area-description single-story post-598194 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>23 May (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>28 May (Tuesday): 30 Saudi stocks join the MSCI Emerging Markets Index at the end of the day\u2019s trading session.<\/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 Mediterranean<\/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":598165,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-598164","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"72d98626-47b4-45c0-a12b-9ff59a01865e","teaser":"","photo_url":"https:\/\/ent.news\/2015\/8\/225.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>Unemployment falls for the second quarter in a row - 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