{"id":599171,"date":"2019-06-20T04:04:34","date_gmt":"2019-06-20T04:04:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=599171"},"modified":"2025-12-16T20:52:36","modified_gmt":"2025-12-16T20:52:36","slug":"state-privatization-program-moves-forward-plus-a-good-week-for-early-stage-tech-startups","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/state-privatization-program-moves-forward-plus-a-good-week-for-early-stage-tech-startups\/","title":{"rendered":"State privatization program moves forward. \r\n Plus: A good week for early-stage tech startups"},"content":{"rendered":"<section id=\"599173\" 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=\"599173\">\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\/20\/what-were-tracking-on-20-june-2018\/\">\r\n                            What we\u2019re tracking on 20 June 2018                        <\/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\/20\/what-were-tracking-on-20-june-2018\/\" 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\/20\/what-were-tracking-on-20-june-2018\/')\">\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\/20\/what-were-tracking-on-20-june-2018\/\">\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 20 June 2018&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/\">\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\/20\/what-were-tracking-on-20-june-2018\/&title=What we\u2019re tracking on 20 June 2018\">\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+20+June+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F20%2Fwhat-were-tracking-on-20-june-2018%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\/20\/what-were-tracking-on-20-june-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599173\" class=\"content-area-description single-story post-599173 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-budget-watch tag-enterpriseam tag-global-economy tag-interest-rates tag-monetary-policy tag-private-equity tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><b>Expect the FY2019-2020 budget debate to dominate the headlines next week.<\/b> The House of Representatives general assembly will reconvene on Saturday to conclude debate of the FY2019-2020 budget before a vote.<\/p><p><b>Pharos Holding\u2019s <\/b><a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/06\/2019Annual-Investor-Conference_PRL_ENG_Final.pdf\"><b>annual investor conference (pdf)<\/b><\/a><b> wraps up today in El Gouna.<\/b> The two-day event brought together investors, IPO prospects and more than 40 listed companies for meetings with institutional investors in one-on-one meetings during the conference\u2019s first day.<\/p><p><b>The African Cup of Nations kicks off tomorrow<\/b> at Cairo Stadium at 10 PM CLT. The Pharaohs are set to play Zimbabwe in the first match of Group A, which also includes DR Congo and Uganda. CAF has warned participating teams of high temperatures that will average 35-38\u00baC over the coming month, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N23Q4U1\">Reuters noted<\/a>. Summer in Cairo. Shocking, we know.<\/p><p><b>The tournament featured heavily in coverage of Egypt in the international press.<\/b> We have a look in this morning\u2019s Egypt in the News, below.<\/p><p class=\"web-image\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-06-19\/futures-show-quarter-point-fed-rate-cut-fully-priced-in-for-july?srnd=premium\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1714.jpg?ssl=1\"><\/a><\/p><p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a><b> The US Federal Reserve left key interest rates on hold<\/b> but indicated that it could cut them in the coming months if the economic outlook in the US deteriorates, the <a href=\"https:\/\/www.wsj.com\/articles\/fed-holds-rates-steady-hints-at-possible-cut-if-outlook-dims-11560967516?tesla=y&amp;mod=article_inline\">Wall Street Journal<\/a> reports. \u201cThe case for a somewhat more accommodative policy has strengthened,\u201d Fed Chairman Jay Powell said at a news conference following the conclusion of the two-day FOMC meeting. The benchmark rate is currently in a target range of 2.25% to 2.50%. <b>The reaction on Wall Street was muted: <\/b>The S&amp;P was up 0.3%, while the Dow rose 0.15%.<\/p><p><b>When could we see a rate cut?<\/b> The \u201cdivided\u201d Fed <a href=\"https:\/\/www.cnbc.com\/2019\/06\/19\/fed-decision-fed-leaves-rates-unchanged.html\">may be guiding<\/a> for a cut or two in 2020, but bond traders aren\u2019t on the same page, <a href=\"https:\/\/www.cnbc.com\/2019\/06\/19\/traders-are-pricing-in-a-100percent-chance-of-at-least-one-fed-rate-cut-in-july.html\">CNBC<\/a> and <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-06-19\/futures-show-quarter-point-fed-rate-cut-fully-priced-in-for-july\">Bloomberg<\/a> say. Federal funds futures now give a 100% chance of the central bank cutting rates and a 67% chance of a cut to 2% when officials next meet on 30-31 July. Market expectations of a rate cut before the end of the year <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/26\/what-were-tracking-on-26-may-2019\/\">have continued to rise in recent weeks<\/a> as trade tensions and slowing global growth weigh on the minds of investors.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/323.jpg?ssl=1\"><\/p><p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a><b> Advanced economies are behaving like emerging markets, El Erian says:<\/b> ECB chief Mario Draghi\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/19\/what-were-tracking-on-19-june-2019\/\">suggestion yesterday<\/a> that the central bank could soon resort to more stimulus measures is another example of how advanced economies are starting to act like emerging markets, Mohamed El Erian <a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2019-06-19\/draghi-and-ecb-act-like-an-emerging-market-central-bank\">writes for Bloomberg<\/a>.<\/p><p><b>Huh?<\/b> Problems created by economic crises in EMs often cause considerable political and social instability. This is unlike advanced economies, which until the 2008 financial crisis were relatively adept at ensuring that economic turbulence didn\u2019t affect the political status quo. Since 2008, though, developed countries have followed a path that more closely resembles emerging markets. Many countries have seen a fundamental change in political direction, while the efficacy of institutions has slowly eroded amid falling public trust.<\/p><p><b>Draghi\u2019s short-term policy prescriptions are another step in this direction:<\/b> The ECB\u2019s willingness to fall back on increasingly ineffective short-term stimulus measures will only exacerbate problems that lie further down the road. \u201cSuch measures are developing deeper socio-political roots that render incremental reforms harder to enact, taking economies ever closer to cliff-like conditions involving the threat of accelerating economic and financial weakness in the absence of \u2018big bang\u2019 reforms,\u201d El Erian says.<\/p><p><b>Exhibit A:<\/b> Draghi\u2019s dovish tone sent the value of the negative-yielding bond market to record highs of USD 12.5 tn yesterday, <a href=\"https:\/\/www.ft.com\/content\/a1899c76-92a8-11e9-aea1-2b1d33ac3271\">the FT reports<\/a>.<\/p><hr class=\"grey-line\"><p><b>Investors are making it rain for private equity:<\/b> European private equity groups are looking to cash in on record investor demand and raise bns in funds before market conditions weaken, <a href=\"https:\/\/www.ft.com\/content\/ceacac4e-8eba-11e9-a1c1-51bf8f989972\">the FT says<\/a>. CVC Capital Partners is targeting a record EUR 18 bn fund, while Swedish EQT expects to raise a record flagship fund of around EUR 14 bn next year.<\/p><p><b>Demand for private equity is going through the roof<\/b> as investors search for returns amid a low interest rate environment. \u201cThere is a wall of cash desperate to be assigned to a private equity fund,\u201d Ludovic Phalippou, professor of finance at Oxford Said Business School.<\/p><p><b>Just don\u2019t expect prospective limited partners to have much appetite for MENA <\/b>after the implosion of Abraaj\u2026<\/p><hr class=\"grey-line\"><p><b>You\u2019re going to want to show this one to your employer:<\/b> We should only be working eight hours per week (yes, per week \u2014 not per day) for good mental health, researchers from the University of Cambridge and the University of Salford have said after examining more than 71k employees in the UK. <a href=\"https:\/\/www.cnbc.com\/2019\/06\/19\/work-is-good-for-you-but-only-one-day-a-week-scientists-say.html\">CNBC has the story<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/budget-watch\/\">budget watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/global-economy\/\">global economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/interest-rates\/\">interest rates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/private-equity\/\">private equity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"599174\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content 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rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/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-396hx5x\" data-v=\"4\" data-block-id=\"396hx5x\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-396hx5x-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-396hx5x-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\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/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-l466q9v\" data-v=\"4\" data-block-id=\"l466q9v\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-l466q9v-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-l466q9v-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\/240924.png?ssl=1\">\r\n         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draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" 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-rncekmp\" data-v=\"4\" data-block-id=\"rncekmp\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-rncekmp-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-rncekmp-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" 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33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"599175\" 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=\"599175\">\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\/20\/egypt-to-compensate-nubians-affected-by-aswan-dam\/\">\r\n                            Egypt to compensate Nubians affected by Aswan Dam                        <\/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\/20\/egypt-to-compensate-nubians-affected-by-aswan-dam\/\" 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\/20\/egypt-to-compensate-nubians-affected-by-aswan-dam\/')\">\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\/20\/egypt-to-compensate-nubians-affected-by-aswan-dam\/\">\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 to compensate Nubians affected by Aswan Dam&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/egypt-to-compensate-nubians-affected-by-aswan-dam\/\">\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\/20\/egypt-to-compensate-nubians-affected-by-aswan-dam\/&title=Egypt to compensate Nubians affected by Aswan Dam\">\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+to+compensate+Nubians+affected+by+Aswan+Dam+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F20%2Fegypt-to-compensate-nubians-affected-by-aswan-dam%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\/20\/egypt-to-compensate-nubians-affected-by-aswan-dam\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599175\" class=\"content-area-description single-story post-599175 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-diplomacy tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-mohamed-salah tag-nubia tag-politics tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>El Sisi talks cooperation with Romanian counterpart: <\/b>President Abdel Fattah El Sisi discussed strengthening economic and political ties with Romanian President Klaus Iohannis during his visit to Bucharest yesterday, Al Hayah Al Youm\u2019s Khaled Abu Bakr noted (<a href=\"https:\/\/www.youtube.com\/watch?v=2alrATCRs2o\">watch, runtime: 06:59<\/a>).<\/p>\n<p><b>The Sisi administration is planning to provide in-kind compensation to Nubians<\/b> who were impacted by the construction of the Aswan Dam, Abu Bakr said in another segment (<a href=\"https:\/\/www.youtube.com\/watch?v=fbjNWrA4g64\">watch, runtime: 05:53<\/a>). Cabinet discussed the logistics of the initiative in their meeting yesterday following instructions from the president. Some 11k people who lost their homes during the construction of the dam are eligible for compensation, Yahduth Fi Misr\u2019s Sherif Amer said (<a href=\"https:\/\/www.youtube.com\/watch?v=34mbETMd16I\">watch, runtime: 01:39<\/a>).<\/p>\n<p>Finally, a phone call between <b>your favorite goal scorer Mohamed Salah<\/b> and Al Azhar Grand Imam Sheikh Ahmed El Tayeb, who offered some spiritual advice ahead of Afcon, also earned some airtime on Yahduth Fi Misr (<a href=\"https:\/\/www.youtube.com\/watch?v=ftEnqqxV37Q\">watch, runtime: 01:29<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-salah\/\">Mohamed Salah<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/nubia\/\">Nubia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/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=\"599176\" 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=\"599176\">\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\/20\/acch-finishes-roadshow-in-dubai-and-london-ahead-of-share-sale\/\">\r\n                            ACCH finishes roadshow in Dubai and London ahead of share sale                        <\/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\/20\/acch-finishes-roadshow-in-dubai-and-london-ahead-of-share-sale\/\" 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\/20\/acch-finishes-roadshow-in-dubai-and-london-ahead-of-share-sale\/')\">\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\/20\/acch-finishes-roadshow-in-dubai-and-london-ahead-of-share-sale\/\">\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=ACCH finishes roadshow in Dubai and London ahead of share sale&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/acch-finishes-roadshow-in-dubai-and-london-ahead-of-share-sale\/\">\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\/20\/acch-finishes-roadshow-in-dubai-and-london-ahead-of-share-sale\/&title=ACCH finishes roadshow in Dubai and London ahead of share sale\">\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=ACCH+finishes+roadshow+in+Dubai+and+London+ahead+of+share+sale+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F20%2Facch-finishes-roadshow-in-dubai-and-london-ahead-of-share-sale%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\/20\/acch-finishes-roadshow-in-dubai-and-london-ahead-of-share-sale\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1132.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"599177\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/acch-finishes-roadshow-in-dubai-and-london-ahead-of-share-sale\/1132-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1132.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1132.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1132.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1132.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599176\" class=\"content-area-description single-story post-599176 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-alexandria-containers-and-cargo-handling-company tag-dubai tag-egx tag-enterpriseam tag-speed-round tag-state-privatization-program wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a><b> Progress in state privatization program as opening legs of Alexandria Containers roadshow conclude:<\/b> Advisers on the share sale by state-owned Alexandria Containers and Cargo Handling Company (ACCH) have concluded roadshows in Dubai and London as the company gears up for a secondary offering under the state privatization program, <a href=\"https:\/\/almalnews.com\/%D8%A7%D9%84%D9%85%D8%A7%D9%84-%D8%AA%D9%83%D8%B4%D9%81-%D8%A7%D8%B3%D8%AA%D9%81%D8%B3%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%8A%D9%86-%D8%A7%D9%84\/\">Al Mal reports<\/a>, citing unnamed sources. EFG Hermes and Citi met with investors who reportedly pressed them about the company\u2019s profits, expansion plans, reserves and shareholder structure. It is still unclear how the offering is going down with potential institutional investors.<\/p>\n<p><b>This is good news for watchers of the state\u2019s privatization program<\/b>, who have been waiting for signs of progress on the share sale. And there\u2019s more to come, with the roadshow expected to resume in the US within the next month.<\/p>\n<p><b>Where does the program stand? <\/b>ACCH and Abu Qir Fertilizers are expected to sell additional shares on the EGX, but those transactions have been on hold pending recommendations on timing by the investment banks quarterbacking the sales, Public Enterprises Minister Hisham Tawfik <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/09\/government-ipos-set-for-september-on-schedule\/\">said<\/a>earlier this month. <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/03\/in-surprise-move-govt-kickstarts-ipo-program-with-a-successful-eastern-tobacco-secondary-offering\/\">Eastern Tobacco piloted<\/a> the program with the sale of a 4.5% stake earlier this spring.<\/p>\n<p><b>What about state IPOs?<\/b> Companies selected to IPO under the program could begin listing as early as September, Tawfik said. It is widely believed that Enppi will be the first company to go public.<\/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\/alexandria-containers-and-cargo-handling-company\/\">Alexandria Containers and Cargo Handling Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/state-privatization-program\/\">state privatization program<\/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=\"599190\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"599191\" 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=\"599191\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/morsi-afcon-dominate-coverage\/\">\r\n                            Morsi, Afcon dominate coverage                        <\/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\/20\/morsi-afcon-dominate-coverage\/\" 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\/20\/morsi-afcon-dominate-coverage\/')\">\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\/20\/morsi-afcon-dominate-coverage\/\">\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=Morsi, Afcon dominate coverage&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/morsi-afcon-dominate-coverage\/\">\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\/20\/morsi-afcon-dominate-coverage\/&title=Morsi, Afcon dominate coverage\">\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=Morsi%2C+Afcon+dominate+coverage+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F20%2Fmorsi-afcon-dominate-coverage%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\/20\/morsi-afcon-dominate-coverage\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599191\" class=\"content-area-description single-story post-599191 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-human-rights tag-mohamed-morsi tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Morsi\u2019s death and Afcon dominate the conversation on Egypt in the international press this morning:<\/b> Barrels of toxic ink are being spilled on Egypt in the foreign press. There were many <a href=\"https:\/\/apnews.com\/e27f4ea9c9fc4d1f915276e460c3c810\">pickups<\/a> of wire reports on the news that Egypt accused the UN of being politically motivated in its calls for an investigation into Morsi\u2019s death. <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-mursi-erdogan\/turkey-to-push-for-trial-of-egypt-government-over-mursi-death-idUSKCN1TK1QX\">Reuters<\/a>, <a href=\"https:\/\/www.wsj.com\/articles\/erdogan-accuses-egyptian-government-of-killing-ex-president-morsi-11560968243\">WSJ<\/a> and <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-06-19\/egypt-fires-back-after-mursi-death-prompts-un-turkey-criticism\">Bloomberg<\/a> are reporting that Turkey\u2019s cry-baby-in-chief is demanding that the Egyptian government be tried in international courts, while <a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-48688723\">the BBC<\/a> is asking questions after Extra News TV\u2019s Noha Darwish mistakenly read, \u201cThis was sent from a Samsung device\u201d on the teleprompter while covering the story.<\/p>\n<p><b>Meanwhile, the editorial board of the <\/b><a href=\"https:\/\/www.washingtonpost.com\/opinions\/global-opinions\/the-unjust-death-of-mohamed-morsi-shows-how-far-egypt-has-regressed\/2019\/06\/18\/d0db6c96-91ec-11e9-aadb-74e6b2b46f6a_story.html?noredirect=on&utm_term=.a178f0bd5128\"><b>Washington Post<\/b><\/a><b> has little that\u2019s good to say<\/b> about the former president, but nevertheless calls his death \u201ccruel and unjust\u201d and suggests it shows how far we, as a nation, have \u201cregressed.\u201d Steven Cook tells us in <a href=\"https:\/\/foreignpolicy.com\/2019\/06\/19\/egypt-doesnt-matter-anymore-morsi-sisi\/\">Foreign Policy<\/a> that our refusal to get involved in regional conflicts makes us \u201cirrelevant\u201d on the world stage, saying, \u201cMorsi\u2019s truncated presidency and death underline Egypt\u2019s abject and terminal mediocrity on the world stage.\u201d<\/p>\n<p><b>The other big topic: Afcon 2019.<\/b> <a href=\"https:\/\/af.reuters.com\/article\/sportsNews\/idAFKCN1TK0MC-OZASP\">Reuters is laying the negativity on thick<\/a> by expecting that the heavy security and<a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/17\/caf-whistleblower-fired-after-accusing-president-of-corruption\/\">the CAF corruption scandal<\/a> will cloud Afcon\u2019s opening on Friday, in spite of hopes that the tournament\u2019s expansion to include 24 teams and switch to mid-year hosting would help to draw positive international attention to African football.<\/p>\n<p><b>And in the only non-Morsi, non-football-related article of note in the press:<\/b> A US academic complains to <a href=\"https:\/\/www.voanews.com\/middle-east\/egypts-hunger-electricity-leads-it-russia-china\">Voice of America<\/a> about Russian involvement in the Dabaa nuclear plant. VOA also provides <a href=\"https:\/\/www.voanews.com\/gallery\/glimpse-how-cairos-residents-cope-power-shortages\">an image gallery<\/a> demonstrating exactly why Egypt needs countries like Russia to help it improve its energy security.<\/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\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-morsi\/\">Mohamed Morsi<\/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=\"599192\" 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=\"599192\">\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\">ON THE FRONT PAGES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/el-sisi-talks-cooperation-with-romanian-president\/\">\r\n                            El Sisi talks cooperation with Romanian president                        <\/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\/20\/el-sisi-talks-cooperation-with-romanian-president\/\" 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 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hentry category-on-the-front-pages tag-diplomacy tag-enterpriseam tag-on-the-front-pages wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>El Sisi talks cooperation in Romania visit:<\/b> A meeting between President Abdel Fattah El Sisi and his Romanian counterpart, President Klaus Iohannis, topped the front pages of <a href=\"http:\/\/www.ahram.org.eg\/News\/203052\/25\/715873\/%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89\/%D9%86%D9%82%D9%84%D8%A9-%D9%86%D9%88%D8%B9%D9%8A%D8%A9-%D9%81%D9%89-%D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%82%D8%A7%D8%AA-%D8%A8%D9%8A%D9%86-%D9%85%D8%B5%D8%B1-%D9%88%D8%B1%D9%88%D9%85%D8%A7%D9%86%D9%8A%D8%A7-%D9%82%D9%85%D8%A9-%D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%89.aspx\">Al Ahram<\/a> and <a href=\"https:\/\/www.pressreader.com\/egypt\/al-akhbar\">Al Akhbar<\/a> this morning.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-front-pages\/\">On The Front Pages<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"599193\" 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=\"599193\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-african-economic-integration-could-do-for-egypt\/\">\r\n                            What African economic integration could do for 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\/20\/what-african-economic-integration-could-do-for-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img 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data-attachment-id=\"599194\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-african-economic-integration-could-do-for-egypt\/801-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/801.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"801.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/801.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/801.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599193\" class=\"content-area-description single-story post-599193 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-africa tag-development tag-enterpriseam tag-infrastructure tag-monetary-policy tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a><b> Is Tarek Amer calling for an African version of the ECB? <\/b>CBE Governor Tarek Amer spoke on the benefits of African nations further integrating their economies, going so far as to call for a unified monetary policy for the continent. Speaking with CNBC Africa on the sidelines of last week\u2019s <a href=\"https:\/\/am.afdb.org\/en\/press-releases\/flying-sky-high-african-development-bank-annual-meetings-conclude-consensus-regional\">African Development Bank Annual Meetings<\/a> in Malabo, Amer said that uniform monetary policy is a key prerequisite to integrating Africa\u2019s economies in addition to unified trade policy standards and guidelines. \u201cWe are working [at the Association of African Central Banks (AACB)] toward a unified central bank and currency, in years to come.\u201d Until this happens, African central bankers can do more to start better coordinating their policy decisions, he noted.<\/p>\n<p><b>Central bank independence is still crucial: <\/b>Central banks on the continent still need to be independent in order to set proper foreign exchange systems, an aspect indispensable to successful global trade and international contracting \u201cbecause people want to be paid back in their currency,\u201d he noted.<\/p>\n<p>You can catch the rest of the interview, where Amer espouses the benefits of trade reform in the continent, here (<a href=\"https:\/\/www.cnbcafrica.com\/videos\/2019\/06\/19\/egypt-central-banker-tarek-amer-on-working-towards-a-unified-african-central-bank\/\">watch, runtime: 6:18<\/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\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"599195\" 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=\"599195\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/egypt-to-approve-egp-1-4-kwh-price-for-waste-produced-electricity\/\">\r\n                            Egypt to approve EGP 1.4\/kWh price for waste-produced electricity                        <\/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\/20\/egypt-to-approve-egp-1-4-kwh-price-for-waste-produced-electricity\/\" 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\/20\/egypt-to-approve-egp-1-4-kwh-price-for-waste-produced-electricity\/')\">\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\/20\/egypt-to-approve-egp-1-4-kwh-price-for-waste-produced-electricity\/\">\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 to approve EGP 1.4\/kWh price for waste-produced electricity&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/egypt-to-approve-egp-1-4-kwh-price-for-waste-produced-electricity\/\">\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\/20\/egypt-to-approve-egp-1-4-kwh-price-for-waste-produced-electricity\/&title=Egypt to approve EGP 1.4\/kWh price for waste-produced electricity\">\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+to+approve+EGP+1.4%2FkWh+price+for+waste-produced+electricity+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F20%2Fegypt-to-approve-egp-1-4-kwh-price-for-waste-produced-electricity%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\/20\/egypt-to-approve-egp-1-4-kwh-price-for-waste-produced-electricity\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599195\" class=\"content-area-description single-story post-599195 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-environment tag-infrastructure tag-recycling tag-waste-to-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Madbouly Cabinet will reportedly set in two weeks the standard waste-to-energy feed-in tariff at EGP 1.40 per kWh <a href=\"https:\/\/alborsaanews.com\/2019\/06\/19\/1215383\">according to press sources<\/a>. The Electricity Ministry will pay EGP 1.03 (c.73%) and beneficiary governorates EGP 0.37 (c.27%) per kWh. The same price was reportedly set by the Ismail Cabinet in May <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/08\/cabinet-reportedly-settles-on-a-standard-waste-to-energy-feed-in-tariff\/\">last year<\/a>. At the time, Energy group Empower was said to be negotiating the price up for electricity it began selling to the North Delta Electricity Distribution Company.<\/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\/environment\/\">environment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/recycling\/\">recycling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/waste-to-energy\/\">waste-to-energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"599196\" 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=\"599196\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/galina-agrofreeze-proposes-egp-1-2-bn-plan-in-setting-up-retail-franchises\/\">\r\n                            Galina-Agrofreeze proposes EGP 1.2 bn plan in setting up retail franchises                        <\/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\/20\/galina-agrofreeze-proposes-egp-1-2-bn-plan-in-setting-up-retail-franchises\/\" 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\/20\/galina-agrofreeze-proposes-egp-1-2-bn-plan-in-setting-up-retail-franchises\/')\">\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\/20\/galina-agrofreeze-proposes-egp-1-2-bn-plan-in-setting-up-retail-franchises\/\">\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=Galina-Agrofreeze proposes EGP 1.2 bn plan in setting up retail franchises&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/galina-agrofreeze-proposes-egp-1-2-bn-plan-in-setting-up-retail-franchises\/\">\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\/20\/galina-agrofreeze-proposes-egp-1-2-bn-plan-in-setting-up-retail-franchises\/&title=Galina-Agrofreeze proposes EGP 1.2 bn plan in setting up retail franchises\">\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=Galina-Agrofreeze+proposes+EGP+1.2+bn+plan+in+setting+up+retail+franchises+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F20%2Fgalina-agrofreeze-proposes-egp-1-2-bn-plan-in-setting-up-retail-franchises%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\/20\/galina-agrofreeze-proposes-egp-1-2-bn-plan-in-setting-up-retail-franchises\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599196\" class=\"content-area-description single-story post-599196 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam tag-food tag-galina-agrofreeze tag-retail wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Galina-Agrofreeze Fruits & Vegetables has submitted preliminary studies to the government to propose setting up discount retail outlets across the country, <a href=\"https:\/\/alborsaanews.com\/2019\/06\/19\/1215302\">company Chairman Abdel Wahed Soliman said<\/a>. The proposal would invite partners to own a franchised food store each under the company\u2019s brand. The store will offer low-price merchandise by cutting the middleman, since the outlets\u2019 will be fitted with products straight from Galina-Agrofreeze\u2019s factories. The authorities and the company are set to hold a meeting in the coming period to further discuss the proposal. Funding for the plan, which would cost EGP 1.2 bn, will partially come through the SME Authority\u2019s loan program, which offers retailers loans at 5% interest.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/food\/\">food<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/galina-agrofreeze\/\">Galina-Agrofreeze<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/retail\/\">retail<\/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=\"599197\" 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=\"599197\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/kima-2-fertilizers-plant-to-be-inaugurated-by-sisi-on-30-june\/\">\r\n                            Kima 2 fertilizers plant to be inaugurated by Sisi on 30 June                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/kima-2-fertilizers-plant-to-be-inaugurated-by-sisi-on-30-june\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/kima-2-fertilizers-plant-to-be-inaugurated-by-sisi-on-30-june\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/kima-2-fertilizers-plant-to-be-inaugurated-by-sisi-on-30-june\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Kima 2 fertilizers plant to be inaugurated by Sisi on 30 June&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/kima-2-fertilizers-plant-to-be-inaugurated-by-sisi-on-30-june\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/kima-2-fertilizers-plant-to-be-inaugurated-by-sisi-on-30-june\/&title=Kima 2 fertilizers plant to be inaugurated by Sisi on 30 June\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Kima+2+fertilizers+plant+to+be+inaugurated+by+Sisi+on+30+June+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F20%2Fkima-2-fertilizers-plant-to-be-inaugurated-by-sisi-on-30-june%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/kima-2-fertilizers-plant-to-be-inaugurated-by-sisi-on-30-june\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599197\" class=\"content-area-description single-story post-599197 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-fertilizers tag-kima tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egyptian chemicals company Kima will begin operations at its new manufacturing facility \u201cKima 2\u201d in Aswan on 30 June after an inauguration ceremony presided by President Abdel Fattah El Sisi, Chemical Industries Holding Co.\u2019s Chairman Emad El Din Moustafa <a href=\"https:\/\/www.youm7.com\/story\/2019\/6\/19\/%D8%AE%D9%84%D8%A7%D9%84-%D8%A3%D9%8A%D8%A7%D9%85-%D8%A7%D9%81%D8%AA%D8%AA%D8%A7%D8%AD-%D8%A3%D8%B6%D8%AE%D9%85-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%83%D9%8A%D9%85%D8%A7%D9%88%D9%8A%D8%A7%D8%AA-%D8%A8%D8%A7%D9%84%D8%B4%D8%B1%D9%82-%D8%A7%D9%84%D8%A3%D9%88%D8%B3%D8%B7-%D9%8A%D9%88%D9%81%D8%B1-3700\/4292804\">told Youm7<\/a>. The project cost EGP 11.6 bn, with 62% of the financing coming from a consortium of six banks. The project was scheduled to be completed in November last year but Italian engineering and construction firm Tecnimont <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/03\/tecnimont-asks-for-five-month-extension-extra-usd-76-mn-for-kima-2-project\/\">asked<\/a> for a five-month extension and an extra USD 76 mn to complete it.<\/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\/fertilizers\/\">fertilizers<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kima\/\">Kima<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"599198\" 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=\"599198\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/govt-cbe-and-capmas-working-on-unified-definition-of-the-informal-economy\/\">\r\n                            Govt, CBE and Capmas working on unified definition of the informal economy                        <\/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\/20\/govt-cbe-and-capmas-working-on-unified-definition-of-the-informal-economy\/\" 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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They plan to organize a workshop that will aim at putting a precise definition that would help quantify the size of the informal economy and help set an economic consensus on its impact on GDP figures, Barakat said. Incorporating the informal economy into the formal economy has been a major goal of many past governments and administrations. The government and CBE\u2019s financial inclusion and cashless society initiatives, in addition to the Finance Ministry\u2019s anticipated SMEs Act, are all part of that goal. Egypt has been trying to get the informal economy to be factored by global institutions into their GDP calculations for the country.<\/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\/capmas\/\">CAPMAS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-inclusion\/\">financial inclusion<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/informal-economy\/\">informal economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/smes-act\/\">SMEs Act<\/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=\"599199\" 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=\"599199\">\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\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/my-morning-routine-hany-al-sonbaty-managing-partner-of-sawari-ventures\/\">\r\n                            My Morning Routine: Hany Al Sonbaty, managing partner of Sawari Ventures                        <\/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\/20\/my-morning-routine-hany-al-sonbaty-managing-partner-of-sawari-ventures\/\" 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\/20\/my-morning-routine-hany-al-sonbaty-managing-partner-of-sawari-ventures\/')\">\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\/20\/my-morning-routine-hany-al-sonbaty-managing-partner-of-sawari-ventures\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=My Morning Routine: Hany Al Sonbaty, managing partner of Sawari Ventures&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/my-morning-routine-hany-al-sonbaty-managing-partner-of-sawari-ventures\/\">\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\/20\/my-morning-routine-hany-al-sonbaty-managing-partner-of-sawari-ventures\/&title=My Morning Routine: Hany Al Sonbaty, managing partner of Sawari Ventures\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=My+Morning+Routine%3A+Hany+Al+Sonbaty%2C+managing+partner+of+Sawari+Ventures+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F20%2Fmy-morning-routine-hany-al-sonbaty-managing-partner-of-sawari-ventures%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\/20\/my-morning-routine-hany-al-sonbaty-managing-partner-of-sawari-ventures\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/401.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"599200\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/my-morning-routine-hany-al-sonbaty-managing-partner-of-sawari-ventures\/401-jpg-20\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/401.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"401.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/401.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/401.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599199\" class=\"content-area-description single-story post-599199 post type-post status-publish format-standard has-post-thumbnail hentry category-my-morning-routine tag-enterpriseam tag-my-morning-routine tag-sawari-ventures tag-venture-capital wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> My Morning Routine looks each week at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is Hany Al Sonbaty (<a href=\"https:\/\/www.linkedin.com\/in\/hany-al-sonbaty-12274322\/?originalSubdomain=eg\">LinkedIn<\/a>), managing partner of <a href=\"http:\/\/www.sawariventures.com\/\">Sawari Ventures<\/a>, a venture capital firm that invests in North African entrepreneurs.<\/p>\n<p><b>My name is Hany Al Sonbaty.<\/b> I\u2019m 46 years old and getting greyer (and presumably wiser) by the day. I\u2019m the husband to Dalia Elsokari and father of the theatrical Noor (13) and the resourceful Yousef (9).<\/p>\n<p><b>I\u2019m privileged to be one of the founders and the managing partner of Sawari Ventures<\/b>, a venture capital fund-management firm focused on investing in Egyptian and North African early stage companies. We typically invest anywhere between USD 1-3 mn in fast-growing, knowledge-based companies. Beyond the numbers, our ultimate aim is to find the best entrepreneurs, with the desire and capability to build great companies.<\/p>\n<p><b>My morning routine depends on whether my wife is out running or not<\/b>, as we alternate in taking responsibility for getting the kids ready for school. Noor is usually up by 6am and gets herself ready, but Yousef requires a monumental \u201cshove\u201d to get out of bed. By 7:40am, the kids are out the door and my wife and I get ready for work. I drop her off, make a short coffee-run detour and head to Sawari. It\u2019s a routine born out of \u2018necessity,\u2019 but one of which I have become increasingly fond.<\/p>\n<p><b>There really isn\u2019t a \u2018typical\u2019 day within our line of work.<\/b> The only \u201cset-in stone\u201d calendar item is a company-wide meeting on Sunday mornings from 11am-1 pm, commonly referred to as the \u201cpartners\u2019 meeting.\u201d This usually sets the agenda for the rest of the week. All aspects of the partnership are discussed during this two hour period: the investment agreement pipeline, agreement execution, key portfolio updates, staffing etc.<\/p>\n<p><b>On any given day, our time is usually split <\/b>between taking pitch idea meetings, executing agreements (analysis, due diligence, documentation), managing our portfolio of investments and engaging with our investor base and the ecosystem at large. Time allocation varies greatly based on where we are in the fund cycle and with specific events like closing a transaction or preparing for an exit. Portfolio management is the biggest part (timewise) of the job. How best to add value to the companies that we invest in is at the heart of our business, so often we are heavily involved in business development, strategy formulation and implementation, board representation and instilling good governance. We strive to do whatever it takes to help the entrepreneurs succeed.<\/p>\n<p><b>As a sci-fi fan growing up in the 80s, Star Wars and comic books were a huge part of my childhood.<\/b> So the new Star Wars trilogy and the entire Marvel Cinematic Universe have a very special emotional resonance with me. Artistically, Infinity War and Endgame did not disappoint. At the same time, Star Wars will always be special \u2014 no matter what.<\/p>\n<p><b>For me, Seinfeld is the best tv-show ever made.<\/b> The writing is timeless and the scripts are tight. But TV has changed dramatically over my lifetime, and it\u2019s been almost entirely driven by technology. So I also give special mention to two shows made possible by this transformation: <a href=\"https:\/\/www.imdb.com\/title\/tt1740299\/\">The Man in the High Castle<\/a> and <a href=\"https:\/\/www.imdb.com\/title\/tt5024912\/\">Insecure<\/a>, which both started off as webisodes on YouTube.<\/p>\n<p><b>Sawari Ventures is a partnership between Ahmed Alfi, Wael Amin, and me.<\/b> We all crossed paths during our individual careers.<\/p>\n<p><b>Prior to founding Sawari, I was in charge of technology, media and telecom investments at EFG-Hermes. <\/b>Between 1999 and 2009 we invested in over 30 companies (including Masrawy, Otlob, LinkdotNet, and Maktoob) and launched the first venture capital FRA-regulated funds in Egypt, which invested in Si-ware and were among the founding investors in Fawry. I first met Wael nearly 20 years ago, when we <a href=\"https:\/\/www.itworx.com\/\">invested in his company, ITWorx<\/a>. Alfi I met later, in 2005. He was an avid techie and tech investor in the US, looking to relocate back to Egypt after 40 years and searching for opportunities here and the region. Seeing Egypt\u2019s immense potential, Alfi relocated in 2006 and was briefly my boss at EFG-Hermes.<\/p>\n<p><b>Alfi and I joined forces in 2010 to launch Sawari Ventures.<\/b> Our efforts to raise a dedicated venture capital fund were slowed down by the political and economic situation in Egypt, but we believed in the future and invested our own capital in companies like Kngine (sold to Samsung) and Elves. <a href=\"https:\/\/www.flat6labs.com\/\">We also created Flat6Labs<\/a>, which went on to expand to Saudi Arabia, UAE, Lebanon, Tunisia and Bahrain.<\/p>\n<p><b>Even before Wael became a partner in Sawari Ventures, he was always there with us. <\/b>He was one of our portfolio companies\u2019 most dedicated mentors and the go-to person for technology and operational issues. On his 20th anniversary of founding ITWorx, a 1k-strong, USD 50 mn company whose alumni have gone on to start over 150 companies, Wael decided to join us officially.<\/p>\n<p><b>We recently announced the first closing of our fund,<\/b> with commitments of nearly USD 40 mn, and are expecting our second closing in 1Q next year, with commitments topping USD 70 mn.<\/p>\n<p><b>My partners and I all share a passion for entrepreneurship<\/b> and believe in its immense power to positively transform economies.<\/p>\n<p><b>Institutional VC is still nascent in the region,<\/b> and the ecosystem on the whole is on an accelerated learning curve. Perceptions and realities (i.e. \u2018rules of the game\u2019 and \u2018best practice\u2019) amongst the participants themselves are still not fully aligned or appreciated.<\/p>\n<p><b>One persistent underappreciated truism is the critical role of personalities in influencing outcomes.<\/b> Business 101 teaches you that people create value, but most individuals I\u2019ve met just pay lip service to this mantra. In no other industry do people matter more or is their effect as obvious and easily traceable as VC. It\u2019s about the people first, second and third.<\/p>\n<p><b>The other generally misunderstood issue is the nature of the relationship between the entrepreneur and the venture capitalist. <\/b>It is a unique (and quite unsettling for the uninitiated) blend of personal and business. On average we hold our investments for five years before we exit. That's a very long time in relationship terms. Like any relationship, you will get out of it (and your investment) what you put in, so align interests and expectations upfront, build trust and don\u2019t make it transactional in nature if you want to see it flourish.<\/p>\n<p><b>The entire entrepreneurial ecosystem in Egypt and the region is woefully undercapitalized.<\/b> This is not just in terms of the available funding but also the depth of the investor base itself at various stages of a company\u2019s life (seed, early stage, growth and more growth).<\/p>\n<p><b>But this is changing at a much faster pace than I had imagined just three or four years ago.<\/b> Given that a substantial portion of the GDP (healthcare, transport, banking, education, agriculture) will one day be digitized in one form or another, a substantial number of new companies created will be entrepreneur-led. I personally expect that the capital available for VC will increase by close to two orders of magnitude within our lifetime and this will transform our economy beyond the perceived macro constraints.<\/p>\n<p><b>There are four realizations that have helped me along in business through thick and thin.<\/b> <b>First:<\/b> There is no single path to success. As a former boss once told me in his heavy French accent, \u201cHanneee! You can be an angel or the prince of darkness and still succeed. \u201d <b>Second:<\/b> There are no solutions, only trade-offs. <b>Third:<\/b> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Kobayashi_Maru\">Kobayashi Maru<\/a>: Alfi and I agree on many issues but are diametrically opposed on one: Star Trek vs. Star Wars. Sometimes, he brings up Kobayashi Maru, a fictional training simulation for Star Trek cadets, which is a no-win situation where everyone dies. The moral I take from this is that in a seemingly no-win situation, you have to change your narrative and perspective. <b>Fourth: <\/b><a href=\"https:\/\/www.youtube.com\/watch?v=Yop62wQH498\">The sun\u2019ll come out, tomorrow<\/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\/my-morning-routine\/\">MY MORNING ROUTINE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sawari-ventures\/\">Sawari Ventures<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/venture-capital\/\">venture capital<\/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=\"599201\" 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=\"599201\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/the-market-yesterday-373\/\">\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\/20\/the-market-yesterday-373\/\" 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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CIB, the index heaviest constituent ended down 0.47%. EGX30\u2019s top performing constituents were Egyptian Resorts up 1.94%, Madinet Nasr Housing up 1.13%, and GB Auto up 0.96%. Yesterday\u2019s worst performing stocks were Arabia Investments Holding down 9.91%, Ezz Steel down 2.34% and Sarwa Capital down 1.65%. The market turnover was EGP 535 mn, and foreign investors were the sole net buyers.<\/p>\n<p><b>Foreigners<\/b>: Net long | EGP +9.0 mn<\/p>\n<p> <b>Regional<\/b>: Net short | EGP -1.0 mn<\/p>\n<p> <b>Domestic<\/b>: Net short | EGP -7.9 mn<\/p>\n<p><b>Retail<\/b>: 47.3% of total trades | 44.0% of buyers | 50.5% of sellers<\/p>\n<p> <b>Institutions<\/b>: 52.7% of total trades | 56.0% of buyers | 49.5% of sellers<\/p>\n<p><b>WTI:<\/b> USD 53.76 (-0.26%)<\/p>\n<p> <b>Brent:<\/b> USD 62.25 (+0.18%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.28 MMBtu, (-2.23%, July 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,348.80 \/ troy ounce (-0.14%)<\/p>\n<p><b>TASI:<\/b> 8,936.26 (-0.71%) (YTD: +14.18%)<\/p>\n<p> <b>ADX:<\/b> 4,974.84 (+1.27%) (YTD: +1.22%)<\/p>\n<p> <b>DFM:<\/b> 2,639.48 (+0.41%) (YTD: +4.34%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,303.52 (-0.04%)<\/p>\n<p> <b>QE:<\/b> 10,507.40 (+0.84%) (YTD: +2.02%)<\/p>\n<p> <b>MSM:<\/b> 3,943.46 (+0.72%) (YTD: -8.80%)<\/p>\n<p> <b>BB: <\/b>1,453.74 (+0.16%) (YTD: +8.71%)<\/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=\"599202\" 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\/20\/599202\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599202\" class=\"content-area-description single-story post-599202 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: 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>Mid-June: <a href=\"https:\/\/www.youm7.com\/story\/2019\/6\/10\/%D8%A8%D8%B9%D8%AB%D8%A9-%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9-%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D9%84%D8%A7%D8%B3%D8%AA%D9%83%D8%B4%D8%A7%D9%81-%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A3%D8%B3%D8%AA%D9%88%D9%86%D9%8A%D8%A7-%D9%88%D9%84%D8%A7%D8%AA%D9%81%D9%8A%D8%A7-%D9%88%D8%A7%D9%84%D8%AA%D8%B1%D9%88%D9%8A%D8%AC-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1\/4280151\">A delegation of Egyptian businessmen<\/a> will head to Estonia and Latvia to explore investment prospects in the two eastern European nations.<\/p>\n<p>18-21 June (Tuesday-Friday): President Abdel Fattah El Sisi to attend <a href=\"https:\/\/cca.eventbank.com\/event\/u-s-africa-business-summit-2019-11813\/\">US-Africa Business summit<\/a> in Mozambique.<\/p>\n<p>18-22 June (Tuesday-Saturday): The <a href=\"https:\/\/tass.com\/economy\/1064450\">Russia-Africa economic conference<\/a> and the annual meeting of Afreximbank shareholders will take place in Moscow.<\/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>7 July (Wednesday) The <a href=\"https:\/\/almalnews.com\/7-%D9%8A%D9%88%D9%84%D9%8A%D9%88-%D9%86%D8%B8%D8%B1-%D8%AA%D8%B8%D9%84%D9%85-%D9%85%D8%B3%D8%A7%D9%87%D9%85%D9%8A-%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D8%A7%D9%86%D8%A7-%D9%84%D8%AA%D8%AD\/\">FRA will hear an appeal<\/a> filed by Adeptio AD Investments, the lead shareholder of Egyptian International Tourism Projects Company\u2019s (Americana Egypt), against an order to submit an <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/17\/adeptio-challenges-egypts-fras-rejection-of-americana-mto-decision-appeal\/\">MTO for Americana<\/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<a href=\"https:\/\/9londonconference.efghermes.com\/pages\/home.aspx\">9th Annual EFG Hermes London Conference<\/a>, 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>October: <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1405897\">A forum<\/a> will be organized by Russia\u2019s Rosatom and the Nuclear Power Plants Authority to introduce local suppliers and contractors to the Dabaa nuclear plant.<\/p>\n<p>6 October (Sunday): Armed Forces Day, national holiday.<\/p>\n<p>10-13 October (Tuesday-Sunday): <a href=\"http:\/\/biwarabia.com\/en\/\">Big Industrial Week Arabia 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23-24 October (Wednesday-Thursday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2019\/\">Intelligent Cities Exhibition & Conference<\/a>, Hilton Heliopolis, Cairo.<\/p>\n<p>23 October-1 November (Wednesday-Friday): CIB PSA Women\u2019s World Championship, Great Pyramid of Giza, Cairo.<\/p>\n<p>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":599172,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-599171","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a5893c94-d84e-4eda-8e7b-3e62102a3397","teaser":"","photo_url":"https:\/\/ent.news\/2018\/7\/1685.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>State privatization program moves forward.  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