{"id":598684,"date":"2019-06-02T04:00:39","date_gmt":"2019-06-02T04:00:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=598684"},"modified":"2025-12-16T20:35:57","modified_gmt":"2025-12-16T20:35:57","slug":"finance-ministry-to-set-new-macro-targets-as-global-headwinds-build","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/finance-ministry-to-set-new-macro-targets-as-global-headwinds-build\/","title":{"rendered":"Finance Ministry to set new macro targets as global headwinds build"},"content":{"rendered":"<section id=\"598686\" 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=\"598686\">\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\/06\/02\/what-were-tracking-on-02-june-2019\/\">\r\n                            What we\u2019re tracking on 02 June 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\/06\/02\/what-were-tracking-on-02-june-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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There have been no announcements yet from the Central Bank of Egypt or the EGX, but government holiday = CBE holiday = banks closed and, as a result, capital markets are on holiday.<\/p><p><b>Enterprise will be off Tuesday through Thursday. <\/b>We wish all of you a blessed and relaxing Eid with family, friends and \u2026 coffee. Lots and lots of coffee.<\/p><hr class=\"grey-line\"><p><b>The EGP gained 0.3% on the greenback last week<\/b>, closing on Thursday at a sell price of 16.83, according to the CBE, against 16.88 at the end of the previous week.<\/p><p><b>Data points due out this week and next:<\/b><\/p><ul>\n<li><b>Foreign reserves:<\/b> The CBE should announce this week Egypt\u2019s net foreign reserves as at the end of May.<\/li>\n<li><b>Inflation:<\/b> Monthly inflation figures are due out next week. Annual headline inflation <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/12\/egypts-annual-inflation-falls-to-13\/\">cooled unexpectedly in April<\/a> to 13% from 14.2% in March.<\/li>\n<li><b>PMI:<\/b> The purchasing managers\u2019 index for Egypt, Saudi Arabia, and the UAE is due out on Monday, 10 June at 6:15am CLT.<\/li>\n<\/ul><p class=\"web-image\"><a href=\"https:\/\/www.ft.com\/content\/59fac40c-836c-11e9-b592-5fe435b57a3b\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2005.jpg?ssl=1\"><\/a><\/p><p><b>Tariff Man\u2019s latest:<\/b> Fresh from upping the stakes in his trade war with China, US President Donald Trump <a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/1134240653926232064\">threatened on Friday<\/a> to slap a 5% tariff on all Mexican goods on 10 June unless the Mexican government put a stop to illegal migration.<\/p><p><b>Global markets aren\u2019t taking it very well\u2026 <\/b>US markets closed last week in the red (with the S&amp;P down 6% for May), as did European and Asian shares. <b>Oil plunged<\/b>, too, with Brent down nearly 4% on Friday. Investors continued piling into the relative safety of bonds, and <b>the inverted yield curve is widening:<\/b> The spread between 3-month and 10-year US bonds \u2014 traditionally an early predictor of a recession \u2014 widened to 21 basis points for the first time since 2007. See wall-to-wall coverage in the global business press: <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-31\/-unreliable-trump-throws-markets-into-tizzy-as-traders-scramble?srnd=premium-middle-east\">Bloomberg<\/a> | <a href=\"https:\/\/www.ft.com\/content\/59fac40c-836c-11e9-b592-5fe435b57a3b\">FT<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/u-s-government-bond-yields-fall-to-new-2019-lows-11559317999\">WSJ<\/a> <a href=\"https:\/\/www.reuters.com\/article\/us-global-oil\/oil-falls-over-3-on-fresh-trade-worries-posts-biggest-monthly-drop-in-six-months-idUSKCN1T1056?il=0\">Reuters<\/a>.<\/p><p><b>\u2026And economists think the Mexico sanctions are a horrible idea: <\/b>\u201cThe massive supply chain disruptions, significantly tighter financial conditions and depressed private sector confidence would amplify the direct tariff shock and increase the odds of a US downturn,\u201d Gregory Daco, chief US economist at Oxford Economics, <a href=\"https:\/\/www.ft.com\/content\/855d23e2-83b7-11e9-b592-5fe435b57a3b\">told the FT<\/a>.<\/p><p><b>All of this could prompt the US Federal Reserve to cut interest rates<\/b> if, as some expect, the trade wars cause the US economy to sputter \u2014 JPMorgan\u2019s chief US economist is now calling rate cuts in September and December, though the <a href=\"https:\/\/www.ft.com\/content\/d074019c-8390-11e9-9935-ad75bb96c849\">FT<\/a>\u2019s Michael Mackenzie counters that the Fed is unlikely to cut \u201cunless inflation falls below its 2% target rate or consumption and investment take a serious hit.\u201d<\/p><p><b>Canary in the coal mine? <\/b>Watch what happens with FedEx. China announced on Friday that it will draw up a list of \u201cunreliable\u201d foreign companies that could be banned from the country for harming domestic businesses and consumers. FedEx looks to be first on the chopping block, with Chinese officials announcing an investigation into the company\u2019s \u201cwrongful delivery of packages,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-06-01\/china-launches-investigation-into-fedex-xinhua?srnd=premium-middle-east\">Bloomberg<\/a> reports.<\/p><hr class=\"grey-line\"><p><b>Is Turkey beginning to emerge from its recession?<\/b> Yes, but it isn\u2019t enough to undo last year\u2019s damage and the recovery may not be permanent, <a href=\"https:\/\/www.ft.com\/content\/c6f08856-8373-11e9-b592-5fe435b57a3b\">according to the Financial Times<\/a>. Propelled by government spending, Turkey\u2019s GDP grew 1.3% during 1Q2019, but the economy remains 2.6% smaller than it was a year ago due to the effects of the recession. \u201cAlthough the economy has grown at a high rate, we think that this was largely driven by the increase in fiscal spending and a loosening in credit conditions,\u201d Goldman Sachs analysts said in a note to clients. <b>The analysts expect another downturn<\/b> and see the Turkish economy contracting again in 2Q and 3Q2019.<\/p><hr class=\"grey-line\"><p><b>What We\u2019re Tracking Today, the Ramadan edition:<\/b><\/p><p><b>The Boston Celtics\u2019 Jaylen Brown joined a pickup game Cairo American College<\/b> and the US sports press went a little bit bananas, saying the 2016 NBA draft\u2019s third pick used the game as a \u201cconvenient excuse to show off his moves\u201d as he \u201cflashed an absolutely filthy crossover\u201d on the CAC kid tapped to guard him before draining a jumper. <a href=\"https:\/\/sports.yahoo.com\/video-jaylen-brown-breaking-poor-182251669.html\">Yahoo Sports<\/a> and <a href=\"https:\/\/boston.cbslocal.com\/2019\/05\/31\/jaylen-brown-vicious-crossover-pickup-game-egypt-celtics-nba\/\">Boston CBS affiliate WBZ<\/a> have the story. Watch what appears to be the original video <a href=\"https:\/\/twitter.com\/SimeonV2\/status\/1134118884120965128?s=20\">here (runtime: 0:24)<\/a>.<\/p><p><b>Goodbye, iTunes?<\/b> Kinda. Apple is expected to launch three new apps that individually provide what iTunes currently provides on one platform: Music, TV, and podcasts, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-31\/apple-s-future-ios-13-macos-10-15-watchos-6-tvos-13-mac-pro\">according to Bloomberg<\/a> in a t-up piece for WWDC \u2014 effectively the start of Apple\u2019s product year. The shift away from iTunes comes in tandem with the company\u2019s move to make its products more independent \u2014 it will introduce new iPad software that will help sell the product as a feasible alternative to laptops, as well as Apple Watch software that reduces its dependence on the iPhone.<\/p><p><b>True iSheep will want to <\/b><a href=\"https:\/\/www.apple.com\/apple-events\/\"><b>tune in here tomorrow<\/b><\/a> at around 7pm CLT to livestream WWDC. <a href=\"https:\/\/9to5mac.com\/2019\/05\/31\/wwdc-2019-roundup\/\">9to5 Mac has more<\/a>, as does the Financial Times with its <a href=\"https:\/\/www.ft.com\/content\/eba955da-83bc-11e9-b592-5fe435b57a3b\"><b>Five things to watch at WWDC<\/b><\/a><b>.<\/b><\/p><p><b>True nerds can follow <\/b><a href=\"https:\/\/wwdcbysundell.com\/\"><b>WWDC by Sundell<\/b><\/a><b> for daily coverage<\/b> of the gathering including \u201carticles, videos, podcasts, and interviews, covering all things WWDC \u2014 from recommendations on what session videos to watch, to in-depth looks at new APIs, to interviews with people from all over the Apple developer community.\u201d <b>Hometown bonus: <\/b>The site is co-sponsored by <a href=\"https:\/\/try.instabug.com\/ios\">Egypt\u2019s very own Instabug<\/a>.<\/p><hr class=\"grey-line\"><p><b>A pre-iftar reading list to kill time<\/b> between your post-workout shower and the breaking of the fast:<\/p><ul>\n<li><a href=\"https:\/\/www.theverge.com\/2019\/5\/29\/18643825\/laptops-dual-screen-foldable-windows-computex-2019\"><b>Laptops are getting weird and wonderful again<\/b><\/a> \u2014 it\u2019s all about dual-screens and foldable devices, the Verge writes.<\/li>\n<li><b>ESG hypocrisy:<\/b> How is it okay for a fund that claims to be driven by ESG principles to invest in a company that provides systems to dentention camps and enables \u201cmass surveillance of a Muslim ethnic minority group\u201d in China? (<a href=\"https:\/\/www.ft.com\/content\/3ea09c51-0354-33a3-9a2f-4292b2d30c59\">Financial Times<\/a>)<\/li>\n<li><b>It can be hard to follow a legendary act. Here are thoughts on how you can pull it off. <\/b>Tim Cook managed it \u2014 we don\u2019t need to name his company for you to identify him, do we? But John Flannery? That\u2019s another story. Check out Strategy + Business and read <b><a href=\"https:\/\/www.strategy-business.com\/article\/Succeeding-the-long-serving-legend-in-the-corner-office\">Succeeding the long-serving legend in the corner office<\/a><\/b> and <b><a href=\"https:\/\/www.strategy-business.com\/article\/How-new-leaders-can-step-out-of-the-shadow-of-a-legendary-CEO\">How new leaders can step out of the shadow of a legendary CEO<\/a><\/b>.<\/li>\n<\/ul><p><b>BBM shut down on Friday. <\/b>That is all.<\/p><p class=\"web-image\"><a href=\"https:\/\/www.ikea.com\/ae\/en\/rooms\/reallifeseries-pub0ffd1c71\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1321.jpg?ssl=1\"><\/a><\/p><p><b>Consumerism we love, part 1: <\/b>Ikea UAE\u2019s ad campaign titled <a href=\"https:\/\/www.ikea.com\/ae\/en\/rooms\/reallifeseries-pub0ffd1c71\">Real life series<\/a>, wherein Publicis Spain recreates iconic rooms from Stranger Things, Friends and The Simpsons using Ikea furniture. <a href=\"https:\/\/petapixel.com\/2019\/05\/31\/ikea-recreates-rooms-in-simpsons-friends-stranger-things-with-its-furniture\/\">PetaPixel<\/a> has the summary, while <a href=\"https:\/\/adage.com\/creativity\/work\/ikea-remade-living-rooms-simpsons-friends-and-stranger-things-its-own-furniture\/2174401\">AdAge<\/a> drills deep for the ad geeks out there.<\/p><p><b>Consumerism we love, part 2: <\/b>Nike and Stranger Things seem set to launch a <a href=\"https:\/\/www.highsnobiety.com\/p\/stranger-things-nike-rumors\/\">sneaker and clothing collaboration<\/a>.<\/p><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><p><b>So, when do we eat?<\/b> Maghrib is at 6:52pm CLT today in Cairo. You\u2019ll have until 3:10am tomorrow morning to caffeinate \/ finish your sohour.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/apple\/\">Apple<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/currencies\/\">currencies<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n            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Check back here for our usual rundown of last night\u2019s talk shows after Eid break.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${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=\"598689\" 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=\"598689\">\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\/06\/02\/finmin-to-set-new-medium-term-economic-targets-as-global-macro-headwinds-build\/\">\r\n                            FinMin to set new medium-term economic targets as global macro headwinds build                        <\/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\/06\/02\/finmin-to-set-new-medium-term-economic-targets-as-global-macro-headwinds-build\/\" 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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Among the highlights:<\/p>\n<p><b>GDP growth:<\/b> The ministry could revise downward its forecasts for GDP growth for FY2020-2021 to 6.5%, down from an initially forecasted 7.2%. GDP growth is expected to reach 7% in FY2021-2022, according to the amended targets. The ministry had previously also cut its expectations for GDP growth in the current fiscal year <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/02\/govt-revises-downwards-fy2018-19-growth-forecast-to-5-6\/\">to 5.6% from 5.8%<\/a>, and the <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/\">upcoming fiscal year to 6%<\/a> from an initial 6.5%.<\/p>\n<p><b>Interest rates and oil prices:<\/b> The ministry is working with the assumption that interest rates will remain high at 15.5% in FY2019-2020, after initially expecting the Central Bank of Egypt to cut rates to an average of 10.7%. The ministry now sees rates averaging 11.5% in FY2020-2021 and 10% in FY2021-2022. It is also budgeting for oil at USD 68 per barrel in FY2020-2021.<\/p>\n<p><b>Inflation:<\/b> The ministry expects inflation to cool to an average of 10.5% in FY2019-2020 (up from an earlier projection of 9.7%) and to continue declining over the following two years to 9.1% in FY2020-2021 (previous forecast: 7.1%) and 8% in FY2021-2022.<\/p>\n<p><b>Budget deficit:<\/b> Egypt\u2019s budget deficit is now expected to narrow to 6.2% of GDP in FY2020-2021 and 4.8% in FY2021-2022, according to the ministry\u2019s revised projections. Initial forecasts had set a budget deficit target of 5% for FY2020-2021. The budget deficit is expected to hit 7.2% of GDP in the next fiscal year, the Finance Ministry <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/\">said in its draft state budget<\/a>.<\/p>\n<p><b>Public debt<\/b> is expected to reach 84.8% of GDP in FY2020-2021, up from a previous forecast of 80%. The ministry is looking to further narrow debt levels to 79.4% by FY2021-2022.<\/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\/budget-deficit\/\">budget deficit<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance-ministry\/\">Finance Ministry<\/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=\"598703\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598704\" 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=\"598704\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/challenges-ahead-for-african-trade\/\">\r\n                            Challenges ahead for African trade                        <\/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\/06\/02\/challenges-ahead-for-african-trade\/\" 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\/06\/02\/challenges-ahead-for-african-trade\/')\">\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\/06\/02\/challenges-ahead-for-african-trade\/\">\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=Challenges ahead for African trade&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/challenges-ahead-for-african-trade\/\">\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\/06\/02\/challenges-ahead-for-african-trade\/&title=Challenges ahead for African trade\">\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=Challenges+ahead+for+African+trade+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Fchallenges-ahead-for-african-trade%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\/06\/02\/challenges-ahead-for-african-trade\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/Manufacturing-1600px.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"598705\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/challenges-ahead-for-african-trade\/manufacturing-1600px-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/Manufacturing-1600px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"Manufacturing-1600px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/Manufacturing-1600px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/Manufacturing-1600px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598704\" class=\"content-area-description single-story post-598704 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-africa tag-african-continental-free-trade-area tag-enterpriseam tag-industry tag-manufacturing tag-the-macro-picture tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Pan-African trade pact is in effect, but key structural challenges threaten to undermine its efficacy:<\/b> The African Continental Tade Agreement (AfCFTA) finally came into force on 30 May amid high hopes, but one of its architects is warning that it is a \u201cvery weak agreement that needs a lot of work\u201d and could take three years before it is implemented properly, the <a href=\"https:\/\/www.ft.com\/content\/d5b0ebe4-8137-11e9-9935-ad75bb96c849\">Financial Times says<\/a>. AfCFTA will create one of the world\u2019s largest trade areas and aims to boost intra-regional trade, eliminating 90% of tariffs and allowing goods and services to move freely on the continent. The agreement also promises to <a href=\"https:\/\/www.washingtonpost.com\/news\/monkey-cage\/wp\/2018\/03\/29\/the-countdown-to-the-african-continental-free-trade-area-starts-now\/?noredirect=on&utm_term=.163622e874a4\">increase intra-African trade by 52.3%<\/a> and bring more FDI \u2014 which currently stands at less than a tenth of what goes into Asia \u2014 by offering would-be investors access to economies of scale and making export processes easier.<\/p>\n<p><b>The issue is rooted in how Africa\u2019s infrastructure was set up to serve trade outside the continent<\/b> (thanks, colonialism). As it currently stands, African markets are better connected to the EU, China, and the US than they are to each other, meaning intra-regional trade in Africa is well below its trade with almost all regional blocs. While these echoes of colonialism can be undone, doubts have been cast on the political will among governments to forgo customs revenue and actually make crucial logistical changes. Harmonizing <a href=\"https:\/\/www.weforum.org\/agenda\/2018\/10\/africa-continental-free-trade-afcfta-sme-business\/\">Africa\u2019s economies under one agreement<\/a> is also complicated by their different levels of development, with over 50% of the continent\u2019s cumulative GDP contributed by Egypt, Nigeria and South Africa, while only 1% comes from the six sovereign island nations.<\/p>\n<p><b>Egypt is poised to be one of the winners of AfCFTA:<\/b> Along with other countries with large manufacturing bases, including South Africa and Kenya, Egypt is set to be a net beneficiary of the agreement. The garments industry is one example of where we may see immediate results, with Egypt <a href=\"https:\/\/www.just-style.com\/analysis\/egypt-garments-set-to-benefit-from-african-free-trade-treaty_id135463.aspx\">being able to import raw materials from within Africa<\/a>, rather than Turkey or Asia, thus reducing costs. Likewise, Egyptian cotton is likely to be in higher demand from other African countries, due to <a href=\"https:\/\/www.theafricareport.com\/10822\/africas-continental-free-trade-area-goes-from-talk-to-action\/\">rules of origin stipulating<\/a> that a product will have to be manufactured using mostly African inputs, up to a certain level.<\/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\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/african-continental-free-trade-area\/\">African Continental Free Trade Area<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/industry\/\">industry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598706\" 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=\"598706\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/liverpool-themed-fuul-cart-in-egypt-taking-puns-to-a-whole-new-level\/\">\r\n                            Liverpool-themed fuul cart in Egypt taking puns to a whole new level                        <\/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\/06\/02\/liverpool-themed-fuul-cart-in-egypt-taking-puns-to-a-whole-new-level\/\" 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\/06\/02\/liverpool-themed-fuul-cart-in-egypt-taking-puns-to-a-whole-new-level\/')\">\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\/06\/02\/liverpool-themed-fuul-cart-in-egypt-taking-puns-to-a-whole-new-level\/\">\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=Liverpool-themed fuul cart in Egypt taking puns to a whole new level&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/liverpool-themed-fuul-cart-in-egypt-taking-puns-to-a-whole-new-level\/\">\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\/06\/02\/liverpool-themed-fuul-cart-in-egypt-taking-puns-to-a-whole-new-level\/&title=Liverpool-themed fuul cart in Egypt taking puns to a whole new level\">\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=Liverpool-themed+fuul+cart+in+Egypt+taking+puns+to+a+whole+new+level+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Fliverpool-themed-fuul-cart-in-egypt-taking-puns-to-a-whole-new-level%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\/06\/02\/liverpool-themed-fuul-cart-in-egypt-taking-puns-to-a-whole-new-level\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2577.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"598707\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/liverpool-themed-fuul-cart-in-egypt-taking-puns-to-a-whole-new-level\/2577-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2577.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2577.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2577.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2577.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598706\" class=\"content-area-description single-story post-598706 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day 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>A Liverpool-themed fuul cart in Ain Shams is taking puns to a whole new level:<\/b> The cart\u2019s name is \u201cLiver-fuul,\u201d its logo features a fuul qedra (pot) instead of the team\u2019s liver bird, and its slogan is a cleverly crafted \u201cyou\u2019ll never eat alone,\u201d <a href=\"https:\/\/www.france24.com\/en\/20190601-youll-never-eat-alone-football-fava-egypt-menu\">says France\u2019s AFP<\/a>. The cart, which operates from 11pm to 3am for suhoor, launched at the start of Ramadan by co-founders Mohamed Ahmed and Mohamed El Sayed.<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598708\" 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=\"598708\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/human-rights-watch-accuses-egyptian-media-outlets-of-threatening-its-staff\/\">\r\n                            Human Rights Watch accuses Egyptian media outlets of threatening its staff                        <\/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\/06\/02\/human-rights-watch-accuses-egyptian-media-outlets-of-threatening-its-staff\/\" 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\/06\/02\/human-rights-watch-accuses-egyptian-media-outlets-of-threatening-its-staff\/')\">\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\/06\/02\/human-rights-watch-accuses-egyptian-media-outlets-of-threatening-its-staff\/\">\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=Human Rights Watch accuses Egyptian media outlets of threatening its staff&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/human-rights-watch-accuses-egyptian-media-outlets-of-threatening-its-staff\/\">\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\/06\/02\/human-rights-watch-accuses-egyptian-media-outlets-of-threatening-its-staff\/&title=Human Rights Watch accuses Egyptian media outlets of threatening its staff\">\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=Human+Rights+Watch+accuses+Egyptian+media+outlets+of+threatening+its+staff+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Fhuman-rights-watch-accuses-egyptian-media-outlets-of-threatening-its-staff%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\/06\/02\/human-rights-watch-accuses-egyptian-media-outlets-of-threatening-its-staff\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598708\" class=\"content-area-description single-story post-598708 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-human-rights tag-human-rights-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Human rights continues to dominate the conversation on Egypt <\/b>in the global press following week\u2019s publication of a 134-page report accusing security forces of misconduct in North Sinai. Human Rights Watch is claiming that the domestic press has threatened its employees, the <a href=\"https:\/\/apnews.com\/f174bdb49160401694dec5d0258b6597\">Associated Press<\/a> reports, while the <a href=\"https:\/\/www.washingtonpost.com\/opinions\/global-opinions\/war-has-ravaged-the-sinai-for-eight-years-why-dont-we-know-more-about-it\/2019\/06\/01\/58223886-8231-11e9-bce7-40b4105f7ca0_story.html?utm_term=.7ff3518b4640\">Washington Post<\/a> is out with an editorial about the report.<\/p>\n<p>Other headlines worth a moment of your time:<\/p>\n<ul>\n<li><b>Former New Yorker Cairo correspondent Peter Hessler\u2019s book <\/b><a href=\"https:\/\/www.goodreads.com\/book\/show\/40641080-the-buried\"><b>The Buried: An Archaeology of the Egyptian Revolution<\/b><\/a><b> is \u201can eclectic, beautifully written narrative<\/b> that weaves a portrait of contemporary life in Egypt together with the complex strands of its pharaonic past,\u201d Rachel Newcomb writes in a review for <a href=\"https:\/\/www.washingtonpost.com\/outlook\/everyday-hardship-and-brutal-authorities-in-ancient-and-modern-egypt\/2019\/05\/31\/882251e0-5d62-11e9-842d-7d3ed7eb3957_story.html?noredirect=on&utm_term=.956a18bcf1d7\">The Washington Post<\/a>.<\/li>\n<li><a href=\"https:\/\/www.nytimes.com\/2019\/05\/30\/movies\/yomeddine-review.html?searchResultPosition=8\"><b>The New York Times<\/b><\/a><b>\u2019 Teo Bugbee reviews hit Egyptian film Yomeddine<\/b>, which he describes as an \u201cempathetic\u201d debut from director A.B. Shawky that applies an unusual subject. <\/li>\n<li><b>Convenient whipping boy: <\/b>Netflix is considering a boycott of Georgia over a draconian abortion bill, but \u201cmaintains unwavering partnerships with countries like Egypt, where abortions are illegal, and China, where Muslims are being held in internment camps,\u201d <b><a href=\"https:\/\/www.foxnews.com\/entertainment\/netflix-disney-consider-boycotting-georgia-continue-partnerships-with-anti-abortion-egypt-anti-muslim-china\">Fox News whines<\/a><\/b>.<\/li>\n<li><b>The strengthening of the EGP is suspicious,<\/b> <a href=\"https:\/\/thearabweekly.com\/suspicious-rise-egyptian-pound-undermines-position-investors\">Mohamed Hammad writes for The Arab Weekly<\/a>, suggesting that the authorities are supporting the currency ahead of the removal of fuel and electricity subsidies in July.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights-watch\/\">Human Rights Watch<\/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=\"598709\" 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=\"598709\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE FRONT PAGES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/el-sisis-trip-to-mecca-oic-summit-tops-front-pages-of-egypts-state-owned-dailies\/\">\r\n                            El Sisi\u2019s trip to Mecca OIC summit tops front pages of Egypt\u2019s state-owned dailies                        <\/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\/06\/02\/el-sisis-trip-to-mecca-oic-summit-tops-front-pages-of-egypts-state-owned-dailies\/\" 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\/06\/02\/el-sisis-trip-to-mecca-oic-summit-tops-front-pages-of-egypts-state-owned-dailies\/')\">\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\/06\/02\/el-sisis-trip-to-mecca-oic-summit-tops-front-pages-of-egypts-state-owned-dailies\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=El Sisi\u2019s trip to Mecca OIC summit tops front pages of Egypt\u2019s state-owned dailies&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/el-sisis-trip-to-mecca-oic-summit-tops-front-pages-of-egypts-state-owned-dailies\/\">\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\/06\/02\/el-sisis-trip-to-mecca-oic-summit-tops-front-pages-of-egypts-state-owned-dailies\/&title=El Sisi\u2019s trip to Mecca OIC summit tops front pages of Egypt\u2019s state-owned dailies\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi%E2%80%99s+trip+to+Mecca+OIC+summit+tops+front+pages+of+Egypt%E2%80%99s+state-owned+dailies+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Fel-sisis-trip-to-mecca-oic-summit-tops-front-pages-of-egypts-state-owned-dailies%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\/06\/02\/el-sisis-trip-to-mecca-oic-summit-tops-front-pages-of-egypts-state-owned-dailies\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598709\" class=\"content-area-description single-story post-598709 post type-post status-publish format-standard hentry category-on-the-front-pages tag-arab-league tag-diplomacy tag-enterpriseam tag-on-the-front-pages wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>President Abdel Fattah El Sisi\u2019s attendance at the Organization for Islamic Cooperation (OIC) summit in Mecca<\/b> topped the front pages of all three government dailies this morning (<a href=\"http:\/\/www.ahram.org.eg\/News\/203034\/25\/713233\/%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89\/%D8%A7%D9%84%D9%82%D9%85%D8%A9-%D8%A7%D9%84%D8%A5%D8%B3%D9%84%D8%A7%D9%85%D9%8A%D8%A9-%D8%AA%D8%AF%D8%B9%D9%88-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85-%D8%A5%D9%84%D9%89-%D8%A7%D9%84%D8%AA%D8%B5%D8%AF%D9%89-%D9%84%D9%84%D8%A5%D8%B1%D9%87%D8%A7%D8%A8-%D9%88%D8%A7%D9%84.aspx\">Al Ahram<\/a> | <a href=\"https:\/\/www.pressreader.com\/egypt\/al-akhbar\">Al Akhbar<\/a> | <a href=\"http:\/\/www.algomhuria.net.eg\/algomhuria\/today\/fpage\/\">Al Gomhuria<\/a>). We recap the story in full in Speed Round, above.<\/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\/arab-league\/\">Arab League<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"598710\" 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=\"598710\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/is-trying-to-protect-our-online-privacy-a-lost-cause\/\">\r\n                            Is trying to protect our online privacy a lost cause?                        <\/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\/06\/02\/is-trying-to-protect-our-online-privacy-a-lost-cause\/\" 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\/06\/02\/is-trying-to-protect-our-online-privacy-a-lost-cause\/')\">\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\/06\/02\/is-trying-to-protect-our-online-privacy-a-lost-cause\/\">\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=Is trying to protect our online privacy a lost cause?&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/is-trying-to-protect-our-online-privacy-a-lost-cause\/\">\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\/06\/02\/is-trying-to-protect-our-online-privacy-a-lost-cause\/&title=Is trying to protect our online privacy a lost cause?\">\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=Is+trying+to+protect+our+online+privacy+a+lost+cause%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Fis-trying-to-protect-our-online-privacy-a-lost-cause%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\/06\/02\/is-trying-to-protect-our-online-privacy-a-lost-cause\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1123.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"598711\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/is-trying-to-protect-our-online-privacy-a-lost-cause\/1123-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1123.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1123.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1123.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1123.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598710\" class=\"content-area-description single-story post-598710 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-cybersecurity tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Is trying to protect our online privacy a lost cause?<\/b> These days, trying to protect yourself against internet trackers is like playing a game of whac-a-mole, an episode of the WSJ\u2019s Personal Technology suggests (<a href=\"https:\/\/www.wsj.com\/video\/series\/joanna-stern-personal-technology\/why-you-cant-win-at-privacy-whac-a-mole\/83617F85-0665-4E58-BC9D-6302077B7F3A\">watch, runtime: 4:27<\/a>). \u201cKnock out one way for advertisers to track you, and they quickly find another way to do it,\u201d Joanna Stern tells us. This is all coming despite Google and Facebook launching new initiatives in the past few weeks to guarantee internet privacy. Well we could at least try. Here are a handful of things to do:<\/p>\n<ul>\n<li>Use a privacy-focused browser (like <a href=\"https:\/\/www.mozilla.org\/en-US\/firefox\/new\/\">Firefox<\/a>) or download the <a href=\"https:\/\/www.eff.org\/privacybadger\">Privacy Badger<\/a> extension if you use Chrome<\/li>\n<li>Turn off Google\u2019s Location History Tool on your computer and\/or phone. On Facebook, kill everything under ad settings<\/li>\n<li>Make sure to turn off your Advertising ID in your iPhone or Android privacy settings<\/li>\n<li>Turn off Location Tracking on apps that don\u2019t need your location.<\/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\/cybersecurity\/\">cybersecurity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598712\" 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=\"598712\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/first-case-of-fall-armyworm-in-egypt-threatens-crops-vegetable-exports\/\">\r\n                            First case of Fall Armyworm in Egypt threatens crops, vegetable exports                        <\/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\/06\/02\/first-case-of-fall-armyworm-in-egypt-threatens-crops-vegetable-exports\/\" 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\/06\/02\/first-case-of-fall-armyworm-in-egypt-threatens-crops-vegetable-exports\/')\">\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\/06\/02\/first-case-of-fall-armyworm-in-egypt-threatens-crops-vegetable-exports\/\">\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=First case of Fall Armyworm in Egypt threatens crops, vegetable exports&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/first-case-of-fall-armyworm-in-egypt-threatens-crops-vegetable-exports\/\">\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\/06\/02\/first-case-of-fall-armyworm-in-egypt-threatens-crops-vegetable-exports\/&title=First case of Fall Armyworm in Egypt threatens crops, vegetable exports\">\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=First+case+of+Fall+Armyworm+in+Egypt+threatens+crops%2C+vegetable+exports+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Ffirst-case-of-fall-armyworm-in-egypt-threatens-crops-vegetable-exports%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\/06\/02\/first-case-of-fall-armyworm-in-egypt-threatens-crops-vegetable-exports\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598712\" class=\"content-area-description single-story post-598712 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-agriculture tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt has reported its first case of <a href=\"http:\/\/www.fao.org\/fall-armyworm\/en\/\">Fall Armyworm (FAW)<\/a>, which can cause significant damage to crops, the Agriculture Ministry <a href=\"https:\/\/www.facebook.com\/min.agriculture\/photos\/a.1826588234303663\/2054792901483194\/?type=3&__xts__%5B0%5D=68.ARBiNs9oMPA4ZeNqhR15s1CGf289AOuEbDiHdvCITwLABWHKZrjIoGwmY1Dk9kOhLzeA2ZLLQzUq_8MClJEIcWVXl681CPX9N6IXLTa-s4Cb7Wzx-oz_F2rJBqmyA2srJNiO2SYf9R6QiT4VuecUI6PWdNbcdaJvM60cHPPQ7YFMLgJkyeI_n57a4eXMvN2-h3pJtD-bJWPItc9hLh_cXkylznGOCnMzRntQuNb7rgnEplrXThOLWauWqyg3bwT7BA08LX5k0DJZdMOiW3YzTPUGWqanMd65Ld4beUxtRAfelpHbwAJ4Yq8py7im-vj4ZsECrarHCpvXxzp4RWRPEuFfE-J1&__tn__=-R\">announced in a statement<\/a> on Thursday. The case was reportedly detected in a maize field in a village in Kom Ombo, Aswan. The Agricultural Pesticide Committee (APC) is asking farmers to take precautions and use certain insecticides to try to prevent an infestation. It is possible that its presence in Egypt\u2019s crops may affect export restrictions on Egyptian vegetables, the head of the Farmers\u2019 Syndicate has 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\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598713\" 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=\"598713\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/military-production-ministry-signs-air-filters-mou-with-micro-mesh\/\">\r\n                            Military Production Ministry signs air filters MoU with Micro-Mesh                        <\/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\/06\/02\/military-production-ministry-signs-air-filters-mou-with-micro-mesh\/\" 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\/06\/02\/military-production-ministry-signs-air-filters-mou-with-micro-mesh\/')\">\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\/06\/02\/military-production-ministry-signs-air-filters-mou-with-micro-mesh\/\">\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=Military Production Ministry signs air filters MoU with Micro-Mesh&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/military-production-ministry-signs-air-filters-mou-with-micro-mesh\/\">\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\/06\/02\/military-production-ministry-signs-air-filters-mou-with-micro-mesh\/&title=Military Production Ministry signs air filters MoU with Micro-Mesh\">\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=Military+Production+Ministry+signs+air+filters+MoU+with+Micro-Mesh+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Fmilitary-production-ministry-signs-air-filters-mou-with-micro-mesh%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\/06\/02\/military-production-ministry-signs-air-filters-mou-with-micro-mesh\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598713\" class=\"content-area-description single-story post-598713 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Military Production Ministry signed on Thursday an MoU with UK-based hydraulic and air filter manufacturer <a href=\"https:\/\/www.micro-mesh.co.uk\/\">Micro-Mesh<\/a> to cooperate in the production of air filters for gas turbine power plants, <a href=\"http:\/\/www.momp.gov.eg\/Ar\/NewsDetails.aspx?id=YXjMq\/cpQ0lAaekmj9X35xJOC0As7Y6T6qzbVY3vrz1S-juNURhDeX\/FbhOs1Rfu\">the ministry said in a statement<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598714\" 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=\"598714\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/abdel-ghaffar-discusses-smart-tech-in-egypts-universities-with-huawei-egypt-ceo\/\">\r\n                            Abdel Ghaffar discusses smart tech in Egypt\u2019s universities with Huawei Egypt CEO                        <\/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\/06\/02\/abdel-ghaffar-discusses-smart-tech-in-egypts-universities-with-huawei-egypt-ceo\/\" 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\/06\/02\/abdel-ghaffar-discusses-smart-tech-in-egypts-universities-with-huawei-egypt-ceo\/')\">\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\/06\/02\/abdel-ghaffar-discusses-smart-tech-in-egypts-universities-with-huawei-egypt-ceo\/\">\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=Abdel Ghaffar discusses smart tech in Egypt\u2019s universities with Huawei Egypt CEO&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/abdel-ghaffar-discusses-smart-tech-in-egypts-universities-with-huawei-egypt-ceo\/\">\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\/06\/02\/abdel-ghaffar-discusses-smart-tech-in-egypts-universities-with-huawei-egypt-ceo\/&title=Abdel Ghaffar discusses smart tech in Egypt\u2019s universities with Huawei Egypt CEO\">\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=Abdel+Ghaffar+discusses+smart+tech+in+Egypt%E2%80%99s+universities+with+Huawei+Egypt+CEO+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Fabdel-ghaffar-discusses-smart-tech-in-egypts-universities-with-huawei-egypt-ceo%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\/06\/02\/abdel-ghaffar-discusses-smart-tech-in-egypts-universities-with-huawei-egypt-ceo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598714\" class=\"content-area-description single-story post-598714 post type-post status-publish format-standard hentry category-health-education tag-ai tag-cit tag-education tag-enterpriseam tag-health-education tag-huawei tag-technology wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Higher Education Minister Khaled Abdel Ghaffar discussed developing smart, integrated facilities in Egyptian universities with Huawei Egypt CEO Vincent Sun, <a href=\"https:\/\/www.facebook.com\/MOHEEGYPT\/photos\/a.735957779828995\/2254396621318429\/?type=3&theater\">according to a ministry statement<\/a>. The ministry is close to finalizing a plan to establish a university specialized in communications, tech and artificial intelligence, Abdel Ghaffar told Sun.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cit\/\">CIT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/huawei\/\">Huawei<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598715\" 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=\"598715\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/oman-air-launches-flights-to-alexandria-air-serbia-to-cairo\/\">\r\n                            Oman Air launches flights to Alexandria, Air Serbia to Cairo                        <\/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\/06\/02\/oman-air-launches-flights-to-alexandria-air-serbia-to-cairo\/\" 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\/06\/02\/oman-air-launches-flights-to-alexandria-air-serbia-to-cairo\/')\">\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\/06\/02\/oman-air-launches-flights-to-alexandria-air-serbia-to-cairo\/\">\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=Oman Air launches flights to Alexandria, Air Serbia to Cairo&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/oman-air-launches-flights-to-alexandria-air-serbia-to-cairo\/\">\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\/06\/02\/oman-air-launches-flights-to-alexandria-air-serbia-to-cairo\/&title=Oman Air launches flights to Alexandria, Air Serbia to Cairo\">\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=Oman+Air+launches+flights+to+Alexandria%2C+Air+Serbia+to+Cairo+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Foman-air-launches-flights-to-alexandria-air-serbia-to-cairo%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\/06\/02\/oman-air-launches-flights-to-alexandria-air-serbia-to-cairo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598715\" class=\"content-area-description single-story post-598715 post type-post status-publish format-standard hentry category-tourism tag-aviation tag-enterpriseam tag-oman tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Oman Air began operating a direct air route from Muscat to Alexandria on Friday, <a href=\"https:\/\/almalnews.com\/%D8%A7%D9%84%D8%B7%D9%8A%D8%B1%D8%A7%D9%86-%D8%A7%D9%84%D8%B9%D9%85%D8%A7%D9%86%D9%8A-%D9%8A%D8%B7%D9%84%D9%82-%D8%A3%D9%88%D9%84%D9%89-%D8%B1%D8%AD%D9%84%D8%A7%D8%AA%D9%87-%D8%A7%D9%84%D9%85%D8%A8\/\">Al Mal reports<\/a>. No details were provided on the frequency of the flights. Meanwhile, Air Serbia is set to launch a direct flight from Belgrade to Cairo this week, which will be its only African destination, <a href=\"http:\/\/english.ahram.org.eg\/NewsContentP\/1\/335486\/Egypt\/Serbia-launches-direct-flights-to-Cairo.aspx\">MENA reports<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598717\" 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=\"598717\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/fawry-to-launch-in-uae-this-summer\/\">\r\n                            Fawry to launch in UAE this summer                        <\/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\/06\/02\/fawry-to-launch-in-uae-this-summer\/\" 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\/06\/02\/fawry-to-launch-in-uae-this-summer\/')\">\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\/06\/02\/fawry-to-launch-in-uae-this-summer\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Fawry to launch in UAE this summer&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/fawry-to-launch-in-uae-this-summer\/\">\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\/06\/02\/fawry-to-launch-in-uae-this-summer\/&title=Fawry to launch in UAE this summer\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Fawry+to+launch+in+UAE+this+summer+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Ffawry-to-launch-in-uae-this-summer%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\/06\/02\/fawry-to-launch-in-uae-this-summer\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598717\" class=\"content-area-description single-story post-598717 post type-post status-publish format-standard hentry category-banking-finance tag-banking tag-banking-finance tag-enterpriseam tag-finance tag-fintech wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Fawry has signed an agreement with Dubai Islamic Bank to launch a trial run in the UAE this summer, <a href=\"https:\/\/www.alborsaanews.com\/2019\/06\/01\/1209909\">CEO Mohamed Okasha said<\/a>. The e-payment platform will partner with the Emirati bank, and start with the rollout of bill payment and banker's acceptance 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\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fintech\/\">Fintech<\/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=\"598719\" 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=\"598719\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/salah-leads-liverpool-to-victory-in-the-champions-league-final\/\">\r\n                            Salah leads Liverpool to victory in the Champions League final                        <\/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\/06\/02\/salah-leads-liverpool-to-victory-in-the-champions-league-final\/\" 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\/06\/02\/salah-leads-liverpool-to-victory-in-the-champions-league-final\/')\">\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\/06\/02\/salah-leads-liverpool-to-victory-in-the-champions-league-final\/\">\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=Salah leads Liverpool to victory in the Champions League final&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/salah-leads-liverpool-to-victory-in-the-champions-league-final\/\">\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\/06\/02\/salah-leads-liverpool-to-victory-in-the-champions-league-final\/&title=Salah leads Liverpool to victory in the Champions League final\">\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=Salah+leads+Liverpool+to+victory+in+the+Champions+League+final+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Fsalah-leads-liverpool-to-victory-in-the-champions-league-final%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\/06\/02\/salah-leads-liverpool-to-victory-in-the-champions-league-final\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/222.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"598720\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/salah-leads-liverpool-to-victory-in-the-champions-league-final\/222-jpg-28\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/222.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"222.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/222.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/222.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598719\" class=\"content-area-description single-story post-598719 post type-post status-publish format-standard has-post-thumbnail hentry category-_newspack_sports tag-enterpriseam tag-mohamed-salah tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Liverpool were crowned Champions League winners for the sixth time as Mohamed Salah and Divock Origi stepped up to secure a 2-0 win against Tottenham in Madrid last night, <a href=\"https:\/\/www.bbc.com\/sport\/football\/48484800\">BBC Sport reports<\/a>. Salah converted a penalty in the second minute and substitute Origi gave the team a late goal to net Liverpool its first European trophy since 2005. <a href=\"https:\/\/www.standard.co.uk\/sport\/football\/liverpool\/liverpool-fc-mohamed-salah-reflects-journey-egypt-village-champions-league-winner-a4157131.html\">The Evening Standard<\/a> has a feature of Salah\u2019s journey from a youth player in Nagrig to Champions League winner. Keep making us proud, Mo.<\/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\/mohamed-salah\/\">Mohamed Salah<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598721\" 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                            \"\r\n            id=\"598721\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/nestle-tips-6\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598721\" class=\"content-area-description single-story post-598721 post type-post status-publish format-standard hentry category-uncategorized tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1107.jpg?ssl=1\"><\/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<section id=\"598722\" 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=\"598722\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/the-egyptian-radio-celebrates-its-85th-anniversary\/\">\r\n                            The Egyptian radio celebrates its 85th anniversary                        <\/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\/06\/02\/the-egyptian-radio-celebrates-its-85th-anniversary\/\" 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\/06\/02\/the-egyptian-radio-celebrates-its-85th-anniversary\/')\">\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\/06\/02\/the-egyptian-radio-celebrates-its-85th-anniversary\/\">\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 Egyptian radio celebrates its 85th anniversary&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/the-egyptian-radio-celebrates-its-85th-anniversary\/\">\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\/06\/02\/the-egyptian-radio-celebrates-its-85th-anniversary\/&title=The Egyptian radio celebrates its 85th anniversary\">\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+Egyptian+radio+celebrates+its+85th+anniversary+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F02%2Fthe-egyptian-radio-celebrates-its-85th-anniversary%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\/06\/02\/the-egyptian-radio-celebrates-its-85th-anniversary\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598722\" class=\"content-area-description single-story post-598722 post type-post status-publish format-standard hentry category-on-your-way-out tag-culture tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The Egyptian radio celebrated on Friday its 85th anniversary,<\/b> <a href=\"http:\/\/www.egypttoday.com\/Article\/4\/71106\/Celebrating-the-85th-anniversary-of-Egyptian-radio\">according to Egypt today<\/a>. \u201cHona El Kahera\u201d (This is Cairo) was <a href=\"https:\/\/www.youtube.com\/watch?v=zX1rRHs-Ex4&list=PLx4XZfcgEyxePmvTYOCF6X_RLZDAi0BOt&index=2\">how it all started<\/a>. A Quran recitation by Sheikh Mohamed Refaat, followed by a concert by the iconic Umm Kulthum were the first to broadcast on national radio.<\/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\/culture\/\">culture<\/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=\"598723\" 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=\"598723\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/the-market-yesterday-362\/\">\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\/06\/02\/the-market-yesterday-362\/\" 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\/06\/02\/the-market-yesterday-362\/')\">\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\/06\/02\/the-market-yesterday-362\/\">\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\/06\/02\/the-market-yesterday-362\/\">\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\/06\/02\/the-market-yesterday-362\/&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%2F06%2F02%2Fthe-market-yesterday-362%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\/06\/02\/the-market-yesterday-362\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598723\" class=\"content-area-description single-story post-598723 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><p><b>EGP \/ USD CBE market average: <\/b>Buy 16.73 | Sell 16.83<\/p>\n<p><b>EGP \/ USD at CIB:<\/b> Buy 16.70 | Sell 16.80<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 16.75 | Sell 16.85<\/p>\n<p><b>EGX30<\/b> (Thursday): 13,771 (-1.5%)<\/p>\n<p> <b>Turnover:<\/b> EGP 444 mn (43% below the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +5.6%<\/p>\n<p><b>THE MARKET ON THURSDAY:<\/b> The EGX30 ended Thursday\u2019s session down 1.5%. CIB, the index heaviest constituent ended up 0.04%. EGX30\u2019s top performing constituents were Cairo Investment & Real Estate Development (CIRA) up 1.2%, Orascom Development Egypt up 0.6%, and CIB. Thursday\u2019s worst performing stocks were Global Telecom down 5.1%, Madinet Nasr Housing down 4.6% and AMOC down 4.3%. The market turnover was EGP 444 mn, and foreign investors were the sole net sellers.<\/p>\n<p><b>Foreigners<\/b>: Net Short | EGP -31.6 mn<\/p>\n<p> <b>Regional<\/b>: Net Long | EGP +2.9 mn<\/p>\n<p> <b>Domestic<\/b>: Net Long | EGP +28.7 mn<\/p>\n<p><b>Retail<\/b>: 49.0% of total trades | 51.7% of buyers | 46.3% of sellers<\/p>\n<p> <b>Institutions<\/b>: 51.0% of total trades | 48.3% of buyers | 53.7% of sellers<\/p>\n<p><b>WTI:<\/b> USD 53.50 (-5.46%)<\/p>\n<p> <b>Brent:<\/b> USD 61.99 (-5.11%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.45 MMBtu, (-3.65%, Jul 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,311.10 \/ troy ounce (+1.45%)<\/p>\n<\/p>\n<p><b>TASI:<\/b> 8,516.48 (+1.22%) (YTD: +8.81%)<\/p>\n<p> <b>ADX:<\/b> 5,003.59 (+2.82%) (YTD: +1.80%)<\/p>\n<p> <b>DFM:<\/b> 2,620.33 (+0.79%) (YTD: +3.58%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,242.24 (+0.59%)<\/p>\n<p> <b>QE:<\/b> 10,273.01 (+3.43%) (YTD: -0.25%)<\/p>\n<p> <b>MSM:<\/b> 3,934.15 (-0.18%) (YTD: -9.01%)<\/p>\n<p> <b>BB: <\/b>1,433.52 (+0.24%) (YTD: +7.20%)<\/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=\"598724\" 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\/06\/02\/598724\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598724\" class=\"content-area-description single-story post-598724 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>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>June: The Egyptian Businessmen\u2019s Association <a href=\"https:\/\/www.alborsaanews.com\/2019\/05\/21\/1206311\">will host a delegation<\/a> of 20 Saudi real estate companies to explore investment prospects.<\/p>\n<p>3-5 June (Tuesday-Wednesday): <a href=\"https:\/\/www.ges2019.org\/\">Global Entrepreneurship Summit<\/a>, The Hague, the Netherlands<\/p>\n<p>4-5 June (Tuesday-Wednesday): Eid El Fitr (TBC).<\/p>\n<p>10 June (Monday): Egypt\u2019s Emirates NBD PMI for May released.<\/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 June (Sunday): <a href=\"https:\/\/buildersofegypt.com\/%D8%A7%D9%84%D8%A7%D8%AC%D9%86%D8%AF%D8%A9-2019\/\">Builders of Egypt Conference<\/a>, Al Masah Hotel, 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>25-26 June (Tuesday-Wednesday): US-backed conference on the \u2018economic dimension\u2019 of Trump\u2019s Mideast peace plan, Manama, Bahrain.<\/p>\n<p>25-26 June (Tuesday-Wednesday): <a href=\"https:\/\/www.opec.org\/opec_web\/en\/311.htm\">OPEC conference, OPEC and non-OPEC ministerial meeting<\/a>, Vienna, Austria.<\/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>November: Suez Canal Conference for Investment, organized in cooperation with the <a href=\"https:\/\/www.youm7.com\/story\/2019\/5\/21\/%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%89-%D9%86%D9%86%D8%B8%D9%85-%D9%85%D8%B9-%D9%85%D8%B5%D8%B1-%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1\/4251626\">European Union<\/a><\/p>\n<p>December: Egypt <a href=\"https:\/\/www.almalnews.com\/Story\/402348\/14\/-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%B9%D8%B1%D8%B6--%D8%A8%D8%A7%D9%83-%D8%A8%D8%B1%D9%88%D8%B3%D9%8A%D8%B3--%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84-\">will host for the first time<\/a> the Pack Process trade expo for the Middle East and African region.<\/p>\n<p>3-6 December (Tuesday-Friday): <a href=\"http:\/\/www.cairowoodshow.com\/\">Cairo WoodShow<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.pacprocess-mea.com\/\">Pacprocess Middle East Africa<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa 2019 Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>10-11 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>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 Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25-26 March (Wednesday-Thursday): <a href=\"http:\/\/www.megaprojectsconf.com\/\">Mega Projects Conference<\/a>, Egypt International 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":598685,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-598684","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"23f73d85-0941-4c1a-a31a-288586b7aa1d","teaser":"","photo_url":"https:\/\/ent.news\/2016\/10\/400.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>Finance Ministry to 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