{"id":598820,"date":"2019-06-10T04:00:06","date_gmt":"2019-06-10T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=598820"},"modified":"2025-12-16T20:40:20","modified_gmt":"2025-12-16T20:40:20","slug":"veon-will-reportedly-settle-gths-tax-dispute-in-egypt","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/veon-will-reportedly-settle-gths-tax-dispute-in-egypt\/","title":{"rendered":"Veon will reportedly settle GTH\u2019s tax dispute in Egypt"},"content":{"rendered":"<section id=\"598822\" 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=\"598822\">\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\/10\/what-were-tracking-on-10-june-2019\/\">\r\n                            What we\u2019re tracking on 10 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\/10\/what-were-tracking-on-10-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/what-were-tracking-on-10-june-2019\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/what-were-tracking-on-10-june-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 10 June 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/what-were-tracking-on-10-june-2019\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/what-were-tracking-on-10-june-2019\/&title=What we\u2019re tracking on 10 June 2019\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+10+June+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F10%2Fwhat-were-tracking-on-10-june-2019%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/what-were-tracking-on-10-june-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598822\" class=\"content-area-description single-story post-598822 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-airbnb tag-apple tag-china tag-donald-trump tag-enterpriseam tag-inflation tag-ipo-watch tag-pmi tag-sports tag-uber tag-what-were-tracking-today 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-05\"><\/a> <b>Inflation figures for May are due out today:<\/b> The central bank and state statistics agency CAPMAS are expected to release today inflation figures for May, and the hope is that inflation will continue to cool despite what is typically a bump during Ramadan. Annual headline inflation cooled unexpectedly in April to 13% from 14.2% the month before. Analysts will be keeping as close eye on the May figures, the last ones due out before the next round of energy subsidy cuts come into effect at the end of this month or early next.<\/p>\n<p><b>It\u2019s also PMI day today:<\/b> The purchasing managers\u2019 indexes for Egypt, Saudi Arabia, and the UAE are due out this morning at 6:15am CLT. <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/06\/egypts-non-oil-business-activity-expands-for-the-first-time-in-eight-months\/\">April\u2019s reading of Egypt\u2019s PMI<\/a> saw non-oil business activity expand for the first time in eight months. Output entered positive territory for the first time in 18 months, but was largely driven by domestic orders. You can <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/PressReleases\">catch the PMI here<\/a> when it\u2019s released.<\/p>\n<p><b>It\u2019s budget day in the House: <\/b>The House of Representatives\u2019 Planning and Budgeting Committee will meet today to review a near-final draft of the <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/\">state\u2019s fiscal year 2019-2020 budget<\/a>, according to <a href=\"https:\/\/www.youm7.com\/story\/2019\/6\/10\/%D8%AE%D8%B7%D8%A9-%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%85%D8%B1%D8%A7%D8%AC%D8%B9%D8%A9-%D9%85%D8%B3%D9%88%D8%AF%D8%A9-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9-%D9%84%D9%84%D8%AF%D9%88%D9%84%D8%A9-%D9%84%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF\/4278222\">Youm7<\/a>. Hearings could continue well into the weekend as MPs look to send a near-final draft of the budget to the House secretariat by Sunday, potentially clearing the way for a vote by the House general assembly before the end of the month.<\/p>\n<p><b>Budget planners in the House and at the Finance Ministry should keep their eyes on Friday. <\/b>That\u2019s when the International Energy Agency will publish its first forecast for oil prices in 2020. The good news for the managers of Egypt\u2019s budget, who need to ramp up spending every time a barrel of oil gets more expensive: \u201cA first look at forecasts from consultants and traders for supply and demand balances show persistent surpluses, not the deficit that was expected to underpin rising prices.\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-06-09\/bulls-beware-the-2020-oil-market-is-quickly-turning-ugly\">Bloomberg<\/a> has more.<\/p>\n<p><b>Another one for the diary:<\/b> Pharos is holding its annual investor conference in Hurghada this month, <a href=\"https:\/\/ent.news\/2019\/6\/617.pdf\">the company said in a statement (pdf)<\/a>. The two-day event will bring together investors, IPO prospects and more than 40 listed companies under one roof for meetings with institutional investors. The gathering is set to run 19-20 June.<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/321.jpg?ssl=1\"><\/p>\n<p><b>Kicking the robots in the teeth: <\/b>Just days after Cboe Global Markets became <a href=\"https:\/\/www.wsj.com\/articles\/cboe-seeks-to-add-speed-bump-to-stock-exchange-11559946736\">the latest US stock exchange operator<\/a> to embrace \u201c<a href=\"https:\/\/www.wsj.com\/articles\/study-finds-speed-bumps-help-protect-ordinary-investors-1528974002\">speed bumps<\/a>\u201d designed to undermine high-frequency traders comes news that <b>human stock-pickers have outperformed machine-driven \u2018quant\u2019 funds in recent weeks<\/b>. \u201cOver half of all US mutual funds that invest in big American companies managed to beat the broader stock market in May for the second month in a row,\u201d Robin Wigglesworth writes for the <a href=\"https:\/\/www.ft.com\/content\/d8f74ef6-8934-11e9-97ea-05ac2431f453\">Financial Times<\/a>, \u201cnurturing hopes that rockier markets may help human investors launch a comeback.\u201d<\/p>\n<p><b>In miscellany this morning:<\/b><\/p>\n<p><b>For photo nerds: We rediscovered our favourite black and white film<\/b> in this excellent (not recent) piece \u2014 and then stayed around for hours to read through the exceptionally well-written, thought-provoking <a href=\"http:\/\/leicaphilia.com\">Leicaphilia<\/a> blog. <b>Read: <\/b><a href=\"http:\/\/leicaphilia.com\/the-tri-x-factor\/\"><b>The Tri-X Factor<\/b><\/a><b>. <\/b>You don\u2019t need to be a Leica geek to enjoy the mix of great imagery and thoughtful pieces on the art and technique of photography and its place in our culture.<\/p>\n<p><b>For Egyptians living in the diaspora:<\/b> Read <a href=\"https:\/\/www.nytimes.com\/2019\/03\/08\/opinion\/sunday\/urban-rural-america.html\"><b>Go Home to Your \u2018Dying\u2019 Hometown<\/b><\/a>, and substitute your neighborhood of Cairo \/ Alexandria \/ wherever for \u201csmall, rural-American town.\u201d We promise you it will make you think.<\/p>\n<hr class=\"grey-line\">\n<p><b>For the olds: <\/b><a href=\"https:\/\/www.cbc.ca\/news\/business\/mid-life-career-change-1.5164941\"><b>Why mid-life could be the best time to change careers<\/b><\/a><b>. <\/b>Ignore the Canada-centric angle at the top and keep reading. The best line is from a \u2018mid-life coach\u2019 who started her new business in \u2026 mid-life: \u201cAssuming a long, healthy life, mid-life is the only time when we will have experience and possibility in equal measure.\u201d Think of it this way: <b>Mid-life is half-time, not the end-of-time<\/b>.<\/p>\n<p><b>Just don\u2019t rush into making \u201cauthor\u201d your new career<\/b>, warns the <a href=\"https:\/\/www.ft.com\/content\/5c7c31b8-82e3-11e9-a7f0-77d3101896ec\">Financial Times<\/a>: It\u2019s a tough racket as advances dwindle, making \u201cTV adaptations and literary events into potential revenue streams.\u201d Want to dive deeper? There\u2019s no better (or more sarcastic) place than Joe Konrath\u2019s <a href=\"http:\/\/jakonrath.blogspot.com\"><b>Newbie\u2019s Guide to Publishing<\/b><\/a>. Best-selling mystery \/ horror \/ thriller writer Konrath is again publishing the best advice in the business after an extended hiatus from the blog.<\/p>\n<p><b>Speaking of Canada: The Raptors lead the Golden State Warriors 3-1 heading into tonight\u2019s decisive game five<\/b> in Toronto. Celebrate by reading in the New York Times about how <a href=\"https:\/\/www.nytimes.com\/2019\/06\/08\/sports\/basketball\/toronto-basketball.html\">Canada has become a basketball factory<\/a>.<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2440.jpg?ssl=1\"><\/p>\n<p><b>iSheep had plenty to graze on at WWDC 2019 last week: <\/b>The biggest tech company in the game unveiled a raft of new software updates \u2014 as well as a headline-making hardware launch \u2014 during its annual developers\u2019 conference last week. <b>The key takeaways:<\/b><\/p>\n<ul>\n<li><b>The <a href=\"https:\/\/macdailynews.com\/2019\/06\/07\/this-is-how-much-apples-6000-mac-pro-would-cost-as-a-pc\/\">new Mac Pro<\/a> may look like the world\u2019s most data-intensive kitchen utensil<\/b>, but it packs some serious processing power: a fully upgraded machine contains a 28-core, 3.1 GHz processor and more RAM than you know what to do with. Fully loaded, the machine aimed at Hollywood and others with crazy computing needs will max out somewhere in the USD 35k neighborhood.<\/li>\n<li><b>iPads will become an even more viable alternative to laptops for many people with the new iPadOS. <a href=\"https:\/\/www.macstories.net\/stories\/hands-on-with-ipados-and-ios-13-changes-big-and-small\/\">MacStories<\/a><\/b>, whose Frederico Vittici is an icon for those who aspire to an iPad-only \u201clifestyle,\u201d walks you through what to expect of iPadOS and iOS 13.<\/li>\n<li><a href=\"https:\/\/9to5mac.com\/2019\/06\/03\/everything-apple-announced-wwdc\/\"><b>9to5Mac<\/b><\/a><b> has the full list of announcements<\/b> during the keynote address.<\/li>\n<li><b>Bonus podcast for the uber Apple junkie:<\/b> Check out <a href=\"https:\/\/www.youtube.com\/watch?v=5ygYSdL42Zw\">this sit-down<\/a> between <a href=\"https:\/\/daringfireball.net\">Daring Fireball<\/a>\u2019s John Gruber and Apple\u2019s Craig Federighi and Greg Joswiak.<\/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\/airbnb\/\">Airbnb<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/donald-trump\/\">Donald Trump<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ipo-watch\/\">IPO watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pmi\/\">PMI<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uber\/\">Uber<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n      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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-zcv5ogn\" data-v=\"4\" data-block-id=\"zcv5ogn\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-zcv5ogn-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-zcv5ogn-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" 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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=\"598824\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/\">\r\n                            Maait\u2019s speech to G20 meeting of finance ministers dominates Egypt\u2019s airwaves                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" 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class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/&title=Maait\u2019s speech to G20 meeting of finance ministers dominates Egypt\u2019s airwaves\">\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=Maait%E2%80%99s+speech+to+G20+meeting+of+finance+ministers+dominates+Egypt%E2%80%99s+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F10%2Fmaaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" 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ministers<\/b> in Japan caught the attention of the nation\u2019s talking heads last night.<\/p>\n<p><b>Maait highlighted economic and fiscal sector reforms during the speech<\/b>, Al Hayah Al Youm\u2019s Lobna Assal reported (<a href=\"https:\/\/www.youtube.com\/watch?v=BcPJXNcwaf0\">watch, runtime: 2:45<\/a>). He provided the usual rundown of macroeconomic targets recently announced by the government, including the goal to grow the economy at a 6% clip in the coming fiscal year and reduce the budget deficit to 7.2% of GDP.<\/p>\n<p><b>The key takeaway from the speech:<\/b> Maait told the summit that the Sisi administration is engaging in a two-pronged strategy to stimulate economic growth: increasing government spending on healthcare and education (most notably though Egypt\u2019s expected nationwide insurance scheme under the Universal Healthcare Act) and raising levels of public investment to create jobs.<\/p>\n<p><b>Hona Al Asema\u2019s Reham Ibrahim, meanwhile, weighed in on a recent report by FocusEconomics<\/b> on Egypt\u2019s economic outlook (<a href=\"https:\/\/www.youtube.com\/watch?v=jwBDBujjD-8\">watch, runtime: 12:03<\/a>). We published a snapshot of the <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/09\/egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics\/\">report\u2019s findings<\/a> in yesterday\u2019s issue.<\/p>\n<p><b>Ibrahim phoned Heliopolis Housing and Development (HHD) Managing Director Sahar Al Damati<\/b> for her two cents. The report\u2019s findings, which forecasts economic growth of 5.5% in both FY2019-2020 and FY2020-2021, are conservative, Al Damati claimed, suggesting that the figure will be closer to 6%. She justified this statement by citing higher FX reserves, falling public debt levels, a narrowing trade deficit, a primary budget surplus, and the ongoing major national projects.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"598825\" 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=\"598825\">\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\/10\/veon-agrees-to-pay-egp-2-2-bn-to-settle-gths-tax-dispute\/\">\r\n                            Veon agrees to pay EGP 2.2 bn to settle GTH\u2019s tax dispute                        <\/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\/10\/veon-agrees-to-pay-egp-2-2-bn-to-settle-gths-tax-dispute\/\" 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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A final agreement could come as early as mid-month, two senior government officials told Enterprise. The settlement will be paid in two installments, one after the signing and another after Veon\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/11\/veon-moves-ahead-with-egx-listed-gth-take-private-bid\/\">MTO for the 42.3% of GTH<\/a> that it doesn\u2019t already own. The said Veon will make the payment in USD. Veon recently took over negotiations on behalf of GTH and was advised in the talks by Shalakany Law Firm.<\/p>\n<p><b>Background: <\/b>The Egyptian Tax Authority <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/04\/tax-authority-reportedly-takes-action-to-seize-egp-990-mn-from-gth\/\">ordered a seizure<\/a> of EGP 990 mn in funds from GTH\u2019s local bank accounts in 2018 over a 2016 tax dispute. Some market observers have claimed the ongoing dispute \u2014 which has embroiled both retail investors and a handful of \u201cactivist\u201d institutional investors \u2014 has obstructed Veon\u2019s efforts to take over its unit and led it to <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/04\/veon-withdraws-mandatory-offer-to-purchase-remaining-stake-of-global-telecom\/\">withdraw an earlier MTO<\/a>. The status of GTH is widely seen as an \u2018overhang\u2019 on the stock exchange, settlement of which could release new liquidity into the market as smaller shareholders agree to sell to Veon.<\/p>\n<p><b>On a related note: <\/b>GTH\u2019s board postponed the general assembly that was planned for yesterday to vote on a rights issue for a capital increase that was supposed to take place in lieu of the withdrawn MTO till 27 August, <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/09-06-2019%20%D8%AC%D9%84%D9%88%D8%A8%D8%A7%D9%84%20%D9%85%D8%AC%D9%84%D8%B3.pdf\">the company said in a bourse filing (pdf)<\/a>.<\/p>\n<p><em>Corrected on 10 June 2019<\/em><\/p>\n<p><em>Sarie Eldin & Partners acting as advisers to Veon was corrected to Shalakany Law Firm.<\/em><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cit\/\">CIT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/global-telecom-holding\/\">Global Telecom Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax\/\">tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax-dispute\/\">Tax dispute<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/veon-holdings\/\">Veon Holdings<\/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=\"598834\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598835\" 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=\"598835\">\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\/10\/the-thin-grey-line-between-frontier-markets-and-emerging-markets\/\">\r\n                            The thin grey line between frontier markets and emerging markets                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/the-thin-grey-line-between-frontier-markets-and-emerging-markets\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The reality is a little more nuanced considering the lines between the two are much more blurred as far as asset managers are concerned \u2014 particularly when you subtract the big economies from the list of emerging markets. We feel it is worth diving into these nuances at a time when frontier markets are increasingly being hailed as potential alternatives to emerging markets amid turbulence sparked by the ongoing US-China trade war \u2014 the theory being that frontier markets and smaller EM are less susceptible to being hit by fallout from the trade fight.<\/p>\n<p><b>What\u2019s the difference between FM and EM?<\/b> Let\u2019s start with the basic criteria. MSCI <a href=\"https:\/\/www.msci.com\/documents\/1296102\/1330218\/MSCI_Global_Market_Classification_Framework_Dec2018.pdf\/e88ea250-95f4-4ece-25e2-7a885d048adc\">defines (pdf)<\/a> frontier markets based on several criteria, including having \u201cat least some\u201d openness to foreign ownership, \u201cat least partial\u201d easing of capital flows, at least two companies worth USD 800 mn each, and a high degree of competition. On the flipside, an EM\u2019s openness to foreign ownership needs to be \u201csignificant\u201d, with a significant ease of capital flows and a high competitive landscape. An EM needs to have at least three companies with a market cap of around USD 1.6 bn.<\/p>\n<p><b>Egypt is an emerging market on the \u201cleading\u201d benchmark: <\/b>Some 29 countries are currently classified as<a href=\"https:\/\/www.msci.com\/documents\/10199\/f9354b32-04ac-4c7e-b76e-460848afe026\">frontier markets by the benchmark MSCI (pdf)<\/a> with stocks with a combined market value of USD 715 bn, compared to the now <a href=\"https:\/\/www.msci.com\/documents\/10199\/c0db0a48-01f2-4ba9-ad01-226fd5678111\">26 MSCI EM stocks (pdf)<\/a> which are valued at around USD 20 tn.<\/p>\n<p><b>But this isn\u2019t an exact science: <\/b>MSCI is just one arbiter of what constitutes a frontier or emerging markets. <a href=\"https:\/\/www.imf.org\/external\/datamapper\/NGDP_RPCH@WEO\/OEMDC\/ADVEC\/WEOWORLD\/EDE\/DA\">The IMF classifies 23 countries<\/a> as emerging markets, Dow Jones classifies 22 countries, and <a href=\"https:\/\/www.ftse.com\/Analytics\/Factsheets\/Home\/DownloadSingleIssue?issueName=AWESERIES&IsManual=False\">FTSE Russell<\/a> only classifies 19. Only Brazil, Chile, China, Colombia, Hungary, Indonesia, India, Malaysia, Mexico, Peru, Philippines, Russia, South Africa, Thailand and Turkey are classified by all three as emerging markets. Notice how Egypt is not on the list?<\/p>\n<p><b>How does this grey area affect us?<\/b> This variance in classification has allowed some asset managers to consider some EMs to be interchangeable with FMs, with Egypt being a prime example. This basically pits EMs that are not BRICs (Brazil, Russia, India,and China) against frontier markets in the fight for global capital.<\/p>\n<p><b>According to the MSCI, FMs have been outperforming EMs this year<\/b>, with the former seeing<a href=\"https:\/\/www.msci.com\/documents\/10199\/f9354b32-04ac-4c7e-b76e-460848afe026\">returns of 9.6% YtD (pdf)<\/a>, compared with returns of <a href=\"https:\/\/www.msci.com\/documents\/10199\/c0db0a48-01f2-4ba9-ad01-226fd5678111\">4.1% YtD for EMs (pdf)<\/a>. Some investors are <a href=\"https:\/\/seekingalpha.com\/article\/4206508-emerging-markets-time-look-toward-frontier-markets\">concluding<\/a> that, given the impact of the EM Zombie Apocalypse last year and <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/14\/global-market-turmoil-sends-investors-fleeing-emerging-market-shares-and-currencies\/\">the effects<\/a> of recent global market volatility, now is the time to cast the net further afield. This gets more bleak for EMs when we see returns beyond the BRICs, which were <a href=\"https:\/\/www.msci.com\/documents\/10199\/7fd9f9a9-4799-4be2-9aa4-26c54d8ed11e\">a measly 1.6% YtD (pdf)<\/a>.<\/p>\n<p><b>What does the future hold for the EM vs FM rivalry? <\/b>Several countries currently classified as EMs have been <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/09\/egypt-to-be-among-worlds-top-10-economies-by-2030\/\">identified<\/a> as likely to number the world\u2019s strongest economies by 2030, including Egypt. Likewise, the frontier market class is shrinking, as an increasing number graduate to EM status. Argentina is due to be promoted to an EM this month, and Kuwait (which currently accounts for a quarter of the MSCI Frontier Markets Index) may be promoted in June. <b>Saudi Arabia skipped the FM index altogether<\/b> and was promoted directly to EM status in May. In the short-term, this is causing aggregate FM value to decrease. Furthermore, as the asset class shrinks, investments are likely to move towards EMs.<\/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\/capital-markets\/\">capital markets<\/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\/frontier-markets\/\">frontier markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598837\" 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=\"598837\">\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\/10\/cointelegraphs-infographic-on-the-history-of-crypto-in-egypt\/\">\r\n                            CoinTelegraph\u2019s infographic on the history of crypto in Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/cointelegraphs-infographic-on-the-history-of-crypto-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/cointelegraphs-infographic-on-the-history-of-crypto-in-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/cointelegraphs-infographic-on-the-history-of-crypto-in-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=CoinTelegraph\u2019s infographic on the history of crypto in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/cointelegraphs-infographic-on-the-history-of-crypto-in-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/cointelegraphs-infographic-on-the-history-of-crypto-in-egypt\/&title=CoinTelegraph\u2019s infographic on the history of crypto in Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=CoinTelegraph%E2%80%99s+infographic+on+the+history+of+crypto+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F10%2Fcointelegraphs-infographic-on-the-history-of-crypto-in-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/cointelegraphs-infographic-on-the-history-of-crypto-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/177.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"598838\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/cointelegraphs-infographic-on-the-history-of-crypto-in-egypt\/177-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/177.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"177.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/177.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/177.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598837\" class=\"content-area-description single-story post-598837 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-cryptocurrency tag-enterpriseam tag-finance tag-fintech 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-08\"><\/a><b> Thank you, CoinTelegraph for summarizing Egypt\u2019s tumultuous history with crypto in a single beautiful image:<\/b> We really love well-done infographics here at Enterprise, especially ones that manage to break down a complicated economic story into something easy to digest. CoinTelegraph gives us just that with a timeline of Egypt\u2019s rather tumultuous history with cryptocurrency.<\/p>\n<p><b>The <\/b><a href=\"https:\/\/cointelegraph.com\/news\/egypt-lays-out-path-for-a-crypto-future-with-draft-law\"><b>accompanying article<\/b><\/a><b> does an excellent job summarizing the government\u2019s attitude towards crypto.<\/b> From being highly suspicious \u2014 with the CBE and the EGX issuing warnings against transacting in it and even a fatwa being issued by Al Azhar \u2014 to actively moving to regulate the industry.<\/p>\n<p><b>The conclusion: <\/b>Just like ride-hailing, cryptocurrency is slowly moving out of the shadows, <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/29\/crypto-businesses-will-need-to-obtain-licenses-under-proposed-banking-act\/\">especially with recent reports<\/a> that the industry would be regulated under the Banking Act. It fairly paints Egypt\u2019s regulators as being cautious when it comes to disruptive technology on the one hand, while on the other hand not falling into the trap of Luddism.<\/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\/cryptocurrency\/\">cryptocurrency<\/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                            <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=\"598839\" 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=\"598839\">\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\/10\/egypt-in-the-news-on-10-june-2019\/\">\r\n                            Egypt in the News on 10 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\/10\/egypt-in-the-news-on-10-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/egypt-in-the-news-on-10-june-2019\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/egypt-in-the-news-on-10-june-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the News on 10 June 2019.&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/egypt-in-the-news-on-10-june-2019\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/egypt-in-the-news-on-10-june-2019\/&title=Egypt in the News on 10 June 2019.\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+10+June+2019.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F10%2Fegypt-in-the-news-on-10-june-2019%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/egypt-in-the-news-on-10-june-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598839\" class=\"content-area-description single-story post-598839 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-ancient-egypt tag-archaeology tag-egypt-in-the-news tag-egyptology tag-enterpriseam tag-sports tag-tutankhamun tag-zahi-hawass wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The eyes of the foreign press are firmly trained elsewhere this morning,<\/b> with only two noteworthy pieces to speak of. First, Egyptian archaeologist Zahi Hawass told <a href=\"https:\/\/abcnews.go.com\/International\/egypt-demand-return-king-tut-statue-auction-antiquities\/story?id=63592464\">ABC News<\/a> that a 3,000 year-old <a href=\"https:\/\/www.christies.com\/about-us\/press-archive\/details?PressReleaseID=9415&lid=1\">sculpture of Tutankhamun\u2019s head<\/a> due to be sold by Christie\u2019s next month was looted from Luxor\u2019s Karnak Temple. The bust is expected to fetch around GBP 4 mn in the auction, but Hawass \u2014 the former Antiquities Minister \u2014 is demanding that the artifact is returned to Egypt.<\/p>\n<p><b>Please do not let The Donald\u2019s beef with China affect Afcon: <\/b>Huawei\u2019s plans to showcase 5G in Egypt for the African Cup of Nations is part of a concerted effort to lock in African market share amid ongoing tensions between China and the US, <a href=\"https:\/\/www.france24.com\/en\/20190609-huawei-turns-africa-offset-us-blacklist\">AFP 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\/ancient-egypt\/\">Ancient Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/archaeology\/\">archaeology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/egyptology\/\">Egyptology<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tutankhamun\/\">Tutankhamun<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/zahi-hawass\/\">Zahi Hawass<\/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=\"598840\" 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=\"598840\">\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\/10\/parliamentary-approval-of-civil-service-pension-increases-tops-headlines-in-egypts-state-owned-press\/\">\r\n                            Parliamentary approval of civil service pension increases tops headlines in Egypt\u2019s state-owned press                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/parliamentary-approval-of-civil-service-pension-increases-tops-headlines-in-egypts-state-owned-press\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/parliamentary-approval-of-civil-service-pension-increases-tops-headlines-in-egypts-state-owned-press\/')\">\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\/10\/parliamentary-approval-of-civil-service-pension-increases-tops-headlines-in-egypts-state-owned-press\/\">\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=Parliamentary approval of civil service pension increases tops headlines in Egypt\u2019s state-owned press&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/parliamentary-approval-of-civil-service-pension-increases-tops-headlines-in-egypts-state-owned-press\/\">\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\/10\/parliamentary-approval-of-civil-service-pension-increases-tops-headlines-in-egypts-state-owned-press\/&title=Parliamentary approval of civil service pension increases tops headlines in Egypt\u2019s state-owned press\">\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=Parliamentary+approval+of+civil+service+pension+increases+tops+headlines+in+Egypt%E2%80%99s+state-owned+press+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F10%2Fparliamentary-approval-of-civil-service-pension-increases-tops-headlines-in-egypts-state-owned-press%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/parliamentary-approval-of-civil-service-pension-increases-tops-headlines-in-egypts-state-owned-press\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598840\" class=\"content-area-description single-story post-598840 post type-post status-publish format-standard hentry category-on-the-front-pages tag-enterpriseam tag-legislation tag-on-the-front-pages tag-social-welfare wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The House\u2019s preliminary approval of pension increases for civil servants<\/b> topped the front pages of all three government dailies this morning (<a href=\"http:\/\/www.ahram.org.eg\/News\/203042\/25\/714320\/%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89\/%C2%AB%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8%C2%BB-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D9%85%D8%A8%D8%AF%D8%A6%D9%8A%D8%A7-%D8%B9%D9%84%D9%89-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D9%85%D8%B9%D8%A7%D8%B4%D8%A7%D8%AA--%D9%85%D9%86-%D8%A7%D9%84%D8%B4%D9%87%D8%B1.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\/pdf-big\/\">Al Gomhuria<\/a>). We have the full story 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\/legislation\/\">legislation<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-welfare\/\">social welfare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598841\" 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=\"598841\">\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 reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/smartphone-brains-in-a-nokia-style-body-could-this-bring-1-bn-people-online\/\">\r\n                            Smartphone brains in a Nokia-style body: Could this bring 1 bn people online?                        <\/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\/10\/smartphone-brains-in-a-nokia-style-body-could-this-bring-1-bn-people-online\/\" 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\/10\/smartphone-brains-in-a-nokia-style-body-could-this-bring-1-bn-people-online\/')\">\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\/10\/smartphone-brains-in-a-nokia-style-body-could-this-bring-1-bn-people-online\/\">\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=Smartphone brains in a Nokia-style body: Could this bring 1 bn people online?&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/smartphone-brains-in-a-nokia-style-body-could-this-bring-1-bn-people-online\/\">\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\/10\/smartphone-brains-in-a-nokia-style-body-could-this-bring-1-bn-people-online\/&title=Smartphone brains in a Nokia-style body: Could this bring 1 bn people online?\">\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=Smartphone+brains+in+a+Nokia-style+body%3A+Could+this+bring+1+bn+people+online%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F10%2Fsmartphone-brains-in-a-nokia-style-body-could-this-bring-1-bn-people-online%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\/10\/smartphone-brains-in-a-nokia-style-body-could-this-bring-1-bn-people-online\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/993.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"598842\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/smartphone-brains-in-a-nokia-style-body-could-this-bring-1-bn-people-online\/993-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/993.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"993.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/993.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/993.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598841\" class=\"content-area-description single-story post-598841 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-nokia tag-technology tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Smartphone brains in a Nokia-style body: Could this bring 1 bn people online?<\/b> That\u2019s what San Diego-based <a href=\"https:\/\/www.kaiostech.com\/\">KaiOS Technologies<\/a> is banking on, partnering with phone makers and operators to roll out affordable feature phones with smartphone power across Africa, <a href=\"https:\/\/www.bloomberg.com\/news\/features\/2019-06-07\/the-next-big-phones-could-bring-a-billion-people-online\">Shira Ovide writes for Bloomberg<\/a>. Internet penetration in Africa is staggeringly low at under 25%, with the over 800 mn people currently offline representing a huge untapped market. But both the high cost of smartphones and poor infrastructure (such as slow internet speed and lack of reliable electricity) remain significant barriers to access.<\/p>\n<p><b>KaiOS is pares everything right down to the essentials:<\/b> A KaiOS phone has relatively low memory (about one-quarter that of the cheapest Android smartphone) its processor costs around USD 3 (unlike the USD 50 of high-end smartphones), and instead of an expensive, battery-consuming touchscreen, it has an inexpensive plastic keypad. But it packs a punch, with functionalities that include 3G, 4G, WiFi and Bluetooth technology, Google Assistant voice navigation, its own app store (KaiStore) and pre-installed apps and services such as Facebook and YouTube. And there\u2019s no need to worry about daily recharging, as it can apparently run for five days on a single charge.<\/p>\n<p><b>KaiOS supporters are poised for phone sales to skyrocket:<\/b> The company has <a href=\"https:\/\/www.kaiostech.com\/six-new-partners-to-deliver-affordable-smart-feature-phones-running-on-kaios-in-africa\/\">stated that over 80 mn phones<\/a> have been shipped to more than 100 countries so far. It attracted an investment of USD 22 mn from Google last year, with the tech giant also contributing to a fresh USD 50 mn funding round announced on May 22.<\/p>\n<p><b>Egypt will be among the first countries to benefit:<\/b> Egypt\u2019s <a href=\"https:\/\/www.kaiostech.com\/six-new-partners-to-deliver-affordable-smart-feature-phones-running-on-kaios-in-africa\/\">SICO is one of six partner companies in Africa launching phones<\/a> that will run the KaiOS operating system, starting 2Q2019. At <a href=\"https:\/\/www.internetworldstats.com\/africa.htm\">48.7%, internet penetration in Egypt<\/a> is <a href=\"http:\/\/www.mideastmedia.org\/survey\/2017\/chapter\/focus-on-egypt\/\">relatively low compared to the rest of the region<\/a> (it is a reported 68% in Tunisia, 80% in Jordan and 91% Lebanon), so clearly SICO has a healthy market here. The company has also announced it is <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/10\/sico-targets-smartphone-sales-to-seven-african-countries-by-year-end-or-early-2019\/\">targeting expansion in new African markets<\/a>. SICO, which produces the first Egyptian-made mobile phone and is <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/19\/sico-to-produce-1-2-mn-phones-in-2019\/\">aiming to manufacture 1.2 mn phones<\/a> this year, had previously announced it was planning to <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/18\/sico-looks-to-enter-joint-manufacturing-partnerships-with-foreign-companies\/\">enter into joint-manufacturing agreements<\/a> with foreign companies, without specifying what the agreements were.<\/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\/nokia\/\">Nokia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"598843\" 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=\"598843\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/sending-emails-1984-style\/\">\r\n                            Sending emails 1984-style                        <\/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\/10\/sending-emails-1984-style\/\" 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\/10\/sending-emails-1984-style\/')\">\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\/10\/sending-emails-1984-style\/\">\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=Sending emails 1984-style&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/sending-emails-1984-style\/\">\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\/10\/sending-emails-1984-style\/&title=Sending emails 1984-style\">\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=Sending+emails+1984-style+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F10%2Fsending-emails-1984-style%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\/10\/sending-emails-1984-style\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2362.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"598844\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/sending-emails-1984-style\/2362-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2362.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2362.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2362.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2362.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598843\" class=\"content-area-description single-story post-598843 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-technology tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Electronically yours:<\/b> This may have seemed a perfectly acceptable ending to an email back in 1984. It was the pre-world wide web era; only early adopters owned computers and they had to enlist the help of cumbersome hardware, a box-shaped external modem, and telephones with rotary dials to make use of an exciting new feature of sending an email (or an \u201cinteractive videotex\u201d as it was known back then). This 35 year-old British TV program features a tech-savvy couple Julian and Pat Green explaining the process step-by-step as it happened all those years ago (<a href=\"https:\/\/www.youtube.com\/watch?v=szdbKz5CyhA\">watch, runtime: 6:34<\/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\/technology\/\">technology<\/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=\"598845\" 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=\"598845\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/eni-bp-to-export-natural-gas-from-egypts-idku-lng-facility\/\">\r\n                            Eni, BP to export natural gas from Egypt\u2019s Idku LNG facility                        <\/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\/10\/eni-bp-to-export-natural-gas-from-egypts-idku-lng-facility\/\" 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\/10\/eni-bp-to-export-natural-gas-from-egypts-idku-lng-facility\/')\">\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\/10\/eni-bp-to-export-natural-gas-from-egypts-idku-lng-facility\/\">\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=Eni, BP to export natural gas from Egypt\u2019s Idku LNG facility&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/eni-bp-to-export-natural-gas-from-egypts-idku-lng-facility\/\">\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\/10\/eni-bp-to-export-natural-gas-from-egypts-idku-lng-facility\/&title=Eni, BP to export natural gas from Egypt\u2019s Idku LNG facility\">\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=Eni%2C+BP+to+export+natural+gas+from+Egypt%E2%80%99s+Idku+LNG+facility+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F10%2Feni-bp-to-export-natural-gas-from-egypts-idku-lng-facility%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\/10\/eni-bp-to-export-natural-gas-from-egypts-idku-lng-facility\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598845\" class=\"content-area-description single-story post-598845 post type-post status-publish format-standard hentry category-energy tag-bp tag-energy tag-eni tag-enterpriseam tag-idku-lng-plant tag-oil-and-gas tag-zohr-field wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Oil Ministry will allow Eni and BP to export a portion of their Zohr and North Alexandria gas production via the Idku LNG plant in line with the terms of their development contracts, an industry source <a href=\"https:\/\/www.alborsaanews.com\/2019\/06\/09\/1210856\">told the local press<\/a>. The ministry made the decision after the companies succeeded in meeting local demand and achieving a surplus, the source 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\/bp\/\">BP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eni\/\">Eni<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/idku-lng-plant\/\">Idku LNG plant<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/zohr-field\/\">Zohr Field<\/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=\"598846\" 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=\"598846\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/public-enterprises-ministry-to-offer-ghazl-el-mahalla-football-club-to-private-sector-investors\/\">\r\n                            Public Enterprises Ministry to offer Ghazl El Mahalla football club to private sector investors                        <\/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\/10\/public-enterprises-ministry-to-offer-ghazl-el-mahalla-football-club-to-private-sector-investors\/\" 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\/10\/public-enterprises-ministry-to-offer-ghazl-el-mahalla-football-club-to-private-sector-investors\/')\">\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\/10\/public-enterprises-ministry-to-offer-ghazl-el-mahalla-football-club-to-private-sector-investors\/\">\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=Public Enterprises Ministry to offer Ghazl El Mahalla football club to private sector investors&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/public-enterprises-ministry-to-offer-ghazl-el-mahalla-football-club-to-private-sector-investors\/\">\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\/10\/public-enterprises-ministry-to-offer-ghazl-el-mahalla-football-club-to-private-sector-investors\/&title=Public Enterprises Ministry to offer Ghazl El Mahalla football club to private sector investors\">\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=Public+Enterprises+Ministry+to+offer+Ghazl+El+Mahalla+football+club+to+private+sector+investors+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F10%2Fpublic-enterprises-ministry-to-offer-ghazl-el-mahalla-football-club-to-private-sector-investors%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\/10\/public-enterprises-ministry-to-offer-ghazl-el-mahalla-football-club-to-private-sector-investors\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598846\" class=\"content-area-description single-story post-598846 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-public-private-partnership tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Public Enterprises Ministry is planning to open state-affiliated football club Ghazl El Mahalla to private sector investment, <a href=\"https:\/\/almalnews.com\/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D8%B7%D8%B1%D8%AD-%D9%86%D8%A7%D8%AF%D9%8A-%D8%BA%D8%B2%D9%84-%D8%A7%D9%84%D9%85%D8%AD%D9%84%D8%A9-%D9%84%D9%84%D8%B4%D8%B1\/\">minister Hisham Tawfik told Al Mal<\/a>. The club could be operated through a JV in which the government would hold no more than a 24% stake, with the remaining 76% owned by private sector investors. Tawfik suggested that private investment could allow the club to follow in the path of Pyramids FC, which was bought by Saudi investor Turki Al Sheikh last year.<\/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\/public-private-partnership\/\">public-private partnership<\/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=\"598847\" 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=\"598847\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/dahab-makes-national-geographics-best-mena-beach-list\/\">\r\n                            Dahab makes National Geographic\u2019s best MENA beach list                        <\/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\/10\/dahab-makes-national-geographics-best-mena-beach-list\/\" 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\/10\/dahab-makes-national-geographics-best-mena-beach-list\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/dahab-makes-national-geographics-best-mena-beach-list\/&title=Dahab makes National Geographic\u2019s best MENA beach list\">\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=Dahab+makes+National+Geographic%E2%80%99s+best+MENA+beach+list+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F10%2Fdahab-makes-national-geographics-best-mena-beach-list%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\/10\/dahab-makes-national-geographics-best-mena-beach-list\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2223.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"598848\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/dahab-makes-national-geographics-best-mena-beach-list\/2223-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2223.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2223.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2223.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2223.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598847\" class=\"content-area-description single-story post-598847 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam tag-south-sinai wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Dahab makes National Geographic\u2019s best MENA beach list:<\/b> Dahab is first on National Geographic\u2019s <a href=\"https:\/\/www.nationalgeographic.com\/travel\/lists\/seasonal\/best-beaches-in-the-middle-east\/\">list of the best beaches in the MENA region<\/a>, alongside Dubai\u2019s Kite Beach, Oludeniz in Turkey and Tyre in Lebanon.<\/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\/south-sinai\/\">South Sinai<\/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=\"598849\" 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=\"598849\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/the-market-yesterday-365\/\">\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\/10\/the-market-yesterday-365\/\" 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\/10\/the-market-yesterday-365\/')\">\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\/10\/the-market-yesterday-365\/\">\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\/10\/the-market-yesterday-365\/\">\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\/10\/the-market-yesterday-365\/&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%2F10%2Fthe-market-yesterday-365%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\/10\/the-market-yesterday-365\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598849\" class=\"content-area-description single-story post-598849 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 16.71 | Sell 16.81<\/p>\n<p><b>EGP \/ USD at CIB:<\/b> Buy 16.69 | Sell 16.79<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 16.73 | Sell 16.83<\/p>\n<p><b>EGX30<\/b> (Sunday): 13,912 (+0.9%)<\/p>\n<p> <b>Turnover:<\/b> EGP 348 mn (55% below the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +6.72%<\/p>\n<p><b>THE MARKET ON SUNDAY:<\/b> The EGX30 ended Sunday\u2019s session up\/down 0.9%. CIB, the index heaviest constituent ended down 0.3%. EGX30\u2019s top performing constituents were Oriental Weavers up 4.7%, Kima up 4.0%, and Heliopolis Housing up 3.6%. Yesterday\u2019s worst performing stocks were CIRA down 2.6% and Egyptian Resorts down 0.5%. The market turnover was EGP 348 mn, and foreign investors were the sole net sellers.<\/p>\n<p><b>Foreigners<\/b>: Net Short | EGP -16.3 mn<\/p>\n<p> <b>Regional<\/b>: Net Long | EGP +6.1 mn<\/p>\n<p> <b>Domestic<\/b>: Net Long | EGP +10.2 mn<\/p>\n<p><b>Retail<\/b>: 65.6% of total trades | 71.0% of buyers | 60.2% of sellers<\/p>\n<p> <b>Institutions<\/b>: 34.4% of total trades | 29.0% of buyers | 39.8% of sellers<\/p>\n<p><b>WTI:<\/b> USD 54.45 (+0.85%)<\/p>\n<p> <b>Brent:<\/b> USD 63.79 (+0.79%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.34 \/ MMBtu, (-0.09%, July 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,341.30 \/ troy ounce (-0.36%)<\/p>\n<\/p>\n<p><b>TASI:<\/b> 8,699.22 (+2.15%) (YTD: +11.15%)<\/p>\n<p> <b>ADX:<\/b> 4,956.25 (-0.95%) (YTD: +0.84%)<\/p>\n<p> <b>DFM:<\/b> 2,650.95 (+1.17%) (YTD: +4.79%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,372.00 (+1.52%)<\/p>\n<p> <b>QE:<\/b> 10,295.78 (-0.23%) (YTD: -0.03%)<\/p>\n<p> <b>MSM:<\/b> 3,954.74 (+0.33%) (YTD: -8.53%)<\/p>\n<p> <b>BB: <\/b>1,446.01 (+0.79%) (YTD: +8.13%)<\/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=\"598850\" 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\/10\/598850\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-598850\" class=\"content-area-description single-story post-598850 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>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>12-13 June (Wednesday-Thursday): <a href=\"http:\/\/english.ahram.org.eg\/News\/335754.aspx\">The African Anti-Corruption Forum<\/a> (AACF), Sharm El Sheikh<\/p>\n<p>15 June (Saturday): An administrative court <a href=\"https:\/\/almalnews.com\/%D8%AA%D8%A3%D8%AC%D9%8A%D9%84-%D8%AF%D8%B9%D9%88%D9%89-%D9%88%D9%82%D9%81-%D9%82%D8%B1%D8%A7%D8%B1-%D9%81%D8%B1%D8%B6-%D8%B1%D8%B3%D9%88%D9%85-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%A8%D9%84%D9%8A\/\">will look into<\/a> an appeal by steel manufacturers to cancel the recently-imposed duties on imported steel rebars and pellets.<\/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 June (Tuesday): <a href=\"https:\/\/idcciosummit.com\/cairo\/\">IDC CIO Summit<\/a>, Marriott Hotel Zamalek, 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>28 July-02 August (Sunday-Friday): <a href=\"https:\/\/fab15.fabevent.org\/index.html\">Fab15 Conference and Graduation Ceremony<\/a>, TU Berlin, El Gouna, Egypt.<\/p>\n<p>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>03-04 August (Saturday-Sunday): <a href=\"https:\/\/fab15.fabevent.org\/index.html\">Fab15 Festival, Tours, and Conference Closing<\/a>, GrEEk Campus, Cairo.<\/p>\n<p>7-11 August (Wednesday-Sunday) Eid El Adha (TBC).<\/p>\n<p>22 August (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>29 August (Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>September: Cairo will host an Egypt-Hungary business forum, according to a <a href=\"https:\/\/ent.news\/2019\/6\/390.pdf\">Trade Ministry statement (pdf)<\/a><\/p>\n<p>2-4 September (Monday-Wednesday): <a href=\"https:\/\/www.thebig5constructegypt.com\/\">The Big 5 Construct Egypt<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>03-04 September (Tuesday-Wednesday): <a href=\"https:\/\/www.ssonetwork.com\/events-sharedservicesegypt\">Shared Services and Outsourcing Forum Middle East<\/a>, Nile Ritz Carlton, Cairo.<\/p>\n<p>8-11 September (Sunday-Wednesday): <a href=\"https:\/\/www.saharaexpo.com\/en\/home.html\">Sahara Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-12 September (Monday-Thursday): The 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>21 September (Saturday): Cairo\u2019s streets get really, really crowded as students at the nation\u2019s public schools go back to class.<\/p>\n<p>26 September (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>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>25 January 2020 (Saturday): Midterm break for public schools and universities. Also known as: Two weeks of good commute.<\/p>\n<p>8 February (Saturday): Midterm break ends. Traffic in Cairo stinks once more.<\/p>\n<p>11-13 February 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25-26 March (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":598821,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-598820","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"5e6c47a5-cdbb-489c-9a0f-2158a3c4fd6c","teaser":"","photo_url":"https:\/\/ent.news\/2020\/9\/271.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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