{"id":599212,"date":"2019-06-23T04:00:38","date_gmt":"2019-06-23T04:00:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=599212"},"modified":"2025-12-16T20:54:22","modified_gmt":"2025-12-16T20:54:22","slug":"egypt-to-receive-usd-9-bn-investment-under-trumps-mideast-peace-plan","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-to-receive-usd-9-bn-investment-under-trumps-mideast-peace-plan\/","title":{"rendered":"Egypt to receive USD 9 bn investment under Trump\u2019s Mideast peace plan"},"content":{"rendered":"<section id=\"599214\" 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=\"599214\">\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\/23\/what-were-tracking-on-23-june-2019\/\">\r\n                            What we\u2019re tracking on 23 June 2019                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/what-were-tracking-on-23-june-2019\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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That\u2019s where the Trump administration is set to unveil the first stage of what it is touting as the most \u201cambitious\u201d Mideast peace plan in years. The idea behind the Bahrain \u201cworkshop on Palestinian economic development\u201d is to get Gulf, European, and Asian powers to use economic incentives to nudge Palestine to \u201cmake political concessions\u201d and secure peace with Israel.<\/p><p><b>The first stage of the Trump administration\u2019s plan was released yesterday.<\/b><\/p><p><b>How does all of this involve Egypt? <\/b>We could be in for around USD 9 bn worth of US investment and financing under the plan, which unconfirmed reports in the international press have also claimed could see Egypt cede land in Sinai to the Palestinians. A senior US official has <a href=\"https:\/\/www.timesofisrael.com\/us-envoy-denies-reports-peace-plan-includes-giving-palestinians-part-of-sinai\/\">flatly denied<\/a> the Sinai angle, which was <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N23755J\">first reported by the international press<\/a>.<\/p><p><b>Egypt\u2019s delegation to the Tuesday-Wednesday gathering <\/b>will be led by a vice-minister of finance, <a href=\"https:\/\/www.reuters.com\/article\/us-israel-palestinians-plan-egypt\/egyptian-delegation-to-join-bahrain-conference-on-palestinian-economy-state-news-agency-idUSKCN1TN0JA\">according to Reuters<\/a>.<\/p><p><b>Ahead of the workshop:<\/b> Arab finance ministers will meet in Cairo today to discuss the Palestinian Authority\u2019s fiscal woes, <a href=\"https:\/\/af.reuters.com\/article\/egayptNews\/idAFL8N23T0PN\">Reuters reports<\/a>. The PA has faced a cash shortage since February, when Israel reduced its monthly transfer of tax revenues by 5%. Arab ministers <a href=\"https:\/\/www.timesofisrael.com\/arab-league-pledges-100-million-a-month-to-palestinians-after-abbas-appeal\/\">agreed in April<\/a> to transfer USD 100 mn each month to the PA.<\/p><p><b>We have chapter and verse on the investment angle <\/b>in this morning\u2019s Speed Round, below.<\/p><hr class=\"grey-line\"><p><b>It\u2019s budget week in the House. <\/b>Our elected representatives can practically taste the salt air of Sahel as they gaze longingly at the calendar like middle schoolers in the last week of class. The highlight of what could be the last week of the current legislative season will be discussion of the FY2019-2020 budget ahead of the 1 July start to the state\u2019s new fiscal year.<\/p><p><b>Look for the budget debate to begin today<\/b>, setting up a final vote by the House General Assembly as early as Tuesday, a senior government official tells us.<\/p><p><b>What if things run long? <\/b>They won\u2019t, but don\u2019t fear: If MPs are still at it next week, all that\u2019s required is for President Abdel Fattah El Sisi passing a decree that the current FY budget remains in effect until the new one is passed.<\/p><hr class=\"grey-line\"><p><b>Also this week:<\/b><\/p><p><b>There will be football. So much football.<\/b> The 2019 African Cup of Nations continues with the Pharaohs, who put Zimbabwe down 1-0 in the tournament opener this weekend, next playing on Wednesday at 10pm.<\/p><p><b>Amer Group and Antaradous Touristic Development face off in court today<\/b> over a 2014 dispute brought to commercial arbitration by the Syria-based company over its partnership with Amer to develop the Porto Tartous tourist resort.<\/p><p><b>Prime Minister Moustafa Madbouly is heading to Germany this week with a delegation<\/b> of 40-50 Egyptian companies, German-Arab Chamber of Industry and Commerce head Emad Ghaly told reporters on Thursday, <a href=\"https:\/\/almalnews.com\/%D9%85%D8%AF%D8%A8%D9%88%D9%84%D9%8A-%D8%B9%D9%84%D9%89-%D8%B1%D8%A3%D8%B3-%D9%88%D9%81%D8%AF-%D9%85%D8%B5%D8%B1%D9%8A-%D9%85%D9%86-50-%D8%B4%D8%B1%D9%83%D8%A9-%D9%81%D9%8A-%D8%B2%D9%8A%D8%A7%D8%B1\/\">according to Al Mal<\/a>. The delegation will be pushing German companies to bring their business to Egypt, Ghaly said. Look in the days ahead for agreements with automotive manufacturers as well as resolutions to standing customs disputes involving German auto industry players.<\/p><p><b>Foreign Minister Sameh Shoukry and Defense Minister Mohamed Zaki will travel to Moscow tomorrow<\/b> for talks with their Russian counterparts, <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/2862569277148333?__xts__%5b0%5d=68.ARAmjA9apWJh_kTAFiuYdKQ_ULa0v-2fAcXxeBfQt_qHwlxHwwjGpo-IUm8JIsrO4KDz6wxC2oD9kVlduuWE4qMr5LRnEBUFA8oy1BuCaIAvnD2pXL0x-1AgwedHeutu1ngbawaO4yebjRHpCeO6h9XKvnVITp1bHpdEff5xMO9U-RpMUkKzh6uvWQl8h1FTRKp1ss70Xh8iREwPzV1dOQajFA5t4aEZyxO_UD7NqL2XJdv35IiuWCy25OcwP6VT3jJXA2FW6pjM-do2sq7HvZwafcj-e5Qpa6Yq_uXxzpq1ZX4IUKEvjzfqA21oqgHftpuIgPxP-bhrEeYmCeLecA&amp;__tn__=-R\">according to a ministry statement<\/a>.<\/p><hr class=\"grey-line\"><p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a><b> The EGP is an \u201cexotic\u201d top performer \u2014 and investors are digging it:<\/b> Global investors are piling into EGP- and Ukrainian UAH-denominated debt as the two \u201cexotic\u201d currencies have been \u201ctop performers\u201d amid global volatility, according to the <a href=\"https:\/\/www.wsj.com\/articles\/investors-dodge-global-worries-in-currencies-of-egypt-ukraine-11561032001\">Wall Street Journal<\/a>. The EGP and UAH have climbed 6% and 5%, respectively, against the greenback since the end of January and offer double-digit yields on local currency-denominated debt. \u201cFor many investors, however, the currencies\u2019 main attraction is their steadiness in the face of worries that have whipsawed other assets this year \u2026 because these currencies have been moving for reasons that have little to do with global issues, buyers expect them to provide a haven during times of market stress.\u201d<\/p><p><b>Global equity funds had their best week in over a year on the back of optimism that rate cuts across the world are coming<\/b>, the <a href=\"https:\/\/www.ft.com\/content\/60d732fc-93ab-11e9-aea1-2b1d33ac3271\">Financial Times reports<\/a>. Global equity mutual funds and ETFs snagged net inflows of USD 14.3 bn last week, the best showing since March 2018, thanks to growing appetite by investors who are banking on central banks adopting a looser monetary policy. US equity funds led their peers with USD 17.8 bn of inflows, the highest weekly total in three months. \u201cThe narrative of policy divergence among central banks ended with the Federal Reserve\u2019s accommodative pivot,\u201d said Ash Alankar, head of global asset allocation for Janus Henderson. \u201cLooking ahead, conditions reflect a \u2018goldilocks\u2019 environment with dovish central banks, continued growth and muted inflation.\u201d<\/p><p><b>Bitcoin has risen above USD 15k for the first time in 15 months<\/b>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-06-22\/bitcoin-climbs-to-10-000-as-memories-of-the-crypto-bubble-fade?srnd=premium-middle-east\">Bloomberg reports<\/a>. The cryptocurrency has surged over the past three months, almost quadrupling in value since the beginning of April amid renewed interest in crypto after Facebook\u2019s lunatic suggestion that it will enter and dominate the crypto space. The <a href=\"https:\/\/www.wsj.com\/articles\/bitcoin-is-back-above-10-000-and-investors-say-this-rally-is-different-11561201454?mod=hp_lead_pos5\">Wall Street Journal<\/a> also has the story.<\/p><p><b>What\u2019s all this \u201cLibra\u201d nonsense about, anyway? <\/b><a href=\"https:\/\/ent.news\/2019\/6\/2203.pdf\">Check out this handy primer (pdf)<\/a> from the Financial Times\u2019 Alphaville.<\/p><hr class=\"grey-line\"><p><b>It was a tense weekend in the Gulf:<\/b> We came close to what could have been the opening shots of a full-fledged war in the Gulf at the end of last week after Iran <a href=\"https:\/\/edition.cnn.com\/2019\/06\/20\/middleeast\/iran-drone-claim-hnk-intl\/index.html\">downed an unmanned US drone<\/a> flying in or near its airspace. Trump revealed later (<a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/1142055375186907136\">via Twitter<\/a> as he\u2019s prone to do) that he had cancelled a retaliatory strike on Iranian military sites at the last minute because it was \u201cnot proportionate.\u201d<\/p><p><b>This doesn\u2019t mean his administration is done escalating:<\/b> Trump <a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/1142506680300789761\">announced last night<\/a> that the US would introduce \u201cmajor\u201d new sanctions on the Islamic Republic on Monday. It isn\u2019t clear immediately which sectors the latest round of sanctions will target.<\/p><p class=\"web-image\"><a href=\"https:\/\/www.youtube.com\/watch?v=XcnHOQ-cHa0\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1975.jpg?ssl=1\"><\/a><\/p><p><b>In miscellany this morning <\/b>to help you through your commute:<\/p><p><b>The final trailer for season three of Stranger Things is out<\/b> (<a href=\"https:\/\/www.youtube.com\/watch?v=XcnHOQ-cHa0\">watch, runtime: 2:57<\/a>) and it\u2019s epic. The eight-episode season drops on 4 July.<\/p><p><b>Are you a nerd like us? <\/b>If so, you may have dreamt of building your own clicky (or clear, if you prefer) mechanical keyboard. From scratch. With just the right keycaps and switches. And a layout that only a geek could love. If that\u2019s the case: The Verge has got your back in <a href=\"https:\/\/www.youtube.com\/watch?v=0c8UdKX6GBA\">Building my first mechanical keyboard (watch, runtime: 9:00)<\/a>.<\/p><p><b>Are mobile phones literally making us look like some cartoon representation of \u2026 Satan? <\/b>That\u2019s the contention of a couple of studies by researchers in Australia that went viral over the past few days thanks to a sensationalist story by the Washington Post headlined <a href=\"https:\/\/www.washingtonpost.com\/nation\/2019\/06\/20\/horns-are-growing-young-peoples-skulls-phone-use-is-blame-research-suggests\/\"><b>\u2018Horns\u2019 are growing on young people\u2019s skulls. Phone use is to blame, research suggests<\/b><\/a>. Except \u2026 maybe they\u2019re not, argue the <a href=\"https:\/\/www.nytimes.com\/2019\/06\/20\/health\/horns-cellphones-bones.html\">New York Times<\/a> and <a href=\"https:\/\/www.cnet.com\/news\/no-youre-not-growing-horns-because-of-your-phone\/\">CNET<\/a>. Take a deep dive into both links and check out the original research (<a href=\"https:\/\/www.clinbiomech.com\/article\/S0268-0033(18)30093-7\/fulltext\">here<\/a> and <a href=\"https:\/\/www.clinbiomech.com\/article\/S0268-0033(18)30093-7\/fulltext\">here<\/a>) to judge for yourself.<\/p><p><b>Looking for some offline entertainment this summer? <\/b>Have a look at the FT\u2019s Summer books of 2019: <a href=\"https:\/\/www.ft.com\/content\/7ba4b74a-9323-11e9-b7ea-60e35ef678d2\">critics\u2019 picks<\/a>, with suggestions from the salmon-colored paper\u2019s staff and literary figures. Also on offer are recommendations on: <a href=\"https:\/\/www.ft.com\/content\/ba03f7ca-92f7-11e9-b7ea-60e35ef678d2\">economics<\/a> | <a href=\"https:\/\/www.ft.com\/content\/1b4c9fe6-9307-11e9-b7ea-60e35ef678d2\">fiction<\/a> | <a href=\"https:\/\/www.ft.com\/content\/6180ae9c-92fa-11e9-b7ea-60e35ef678d2\">politics<\/a> | <a href=\"https:\/\/www.ft.com\/content\/fa96f3d2-931f-11e9-b7ea-60e35ef678d2\">crime<\/a> | <a href=\"https:\/\/www.ft.com\/content\/bba973d8-9320-11e9-b7ea-60e35ef678d2\">science fiction<\/a> | <a href=\"https:\/\/www.ft.com\/content\/b36559fa-9305-11e9-b7ea-60e35ef678d2\">travel<\/a> | <a href=\"https:\/\/www.ft.com\/content\/2f0d1cba-9305-11e9-b7ea-60e35ef678d2\">food and drink<\/a> | and more. <a href=\"https:\/\/www.ft.com\/summerbooks2019\">The landing page for the package is here.<\/a><\/p><p><b>PSA- We\u2019re heading into a three-day long weekend<\/b>, with next Sunday off in observance of the 30 June Revolution. If this doesn\u2019t mark the start of peak summer, we don\u2019t know what does.<\/p>\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\/amer-group\/\">Amer Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/antaradous-for-touristic-development\/\">Antaradous for Touristic Development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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            <!-- <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=\"599215\" 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 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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-731hrwq\" data-v=\"4\" data-block-id=\"731hrwq\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-731hrwq-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-731hrwq-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 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<\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"599216\" 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=\"599216\">\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\/23\/el-sisi-meets-mozambican-president-enppi-signs-usd-500-mn-contract-for-saudi-project\/\">\r\n                            El Sisi meets Mozambican president, Enppi signs USD 500 mn contract for Saudi project                        <\/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\/23\/el-sisi-meets-mozambican-president-enppi-signs-usd-500-mn-contract-for-saudi-project\/\" 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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project&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/el-sisi-meets-mozambican-president-enppi-signs-usd-500-mn-contract-for-saudi-project\/\">\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\/23\/el-sisi-meets-mozambican-president-enppi-signs-usd-500-mn-contract-for-saudi-project\/&title=El Sisi meets Mozambican president, Enppi signs USD 500 mn contract for Saudi project\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi+meets+Mozambican+president%2C+Enppi+signs+USD+500+mn+contract+for+Saudi+project+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fel-sisi-meets-mozambican-president-enppi-signs-usd-500-mn-contract-for-saudi-project%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\/23\/el-sisi-meets-mozambican-president-enppi-signs-usd-500-mn-contract-for-saudi-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599216\" class=\"content-area-description single-story post-599216 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-diplomacy tag-energy tag-enppi tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-mozambique tag-saudi-arabia tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The opening ceremony of Afcon 2019 dominated the airwaves<\/b> on Saturday for the second night in a row (in case you haven\u2019t heard yet, Egypt won 1-0 against Zimbabwe.)<\/p>\n<p><b>President Abdel Fattah El Sisi met with his Mozambican counterpart President Filipe Nyusi<\/b> in Cairo yesterday to discuss strengthening economic ties, Al Hayah Al Youm\u2019s Lobna Assal said(<a href=\"https:\/\/www.youtube.com\/watch?v=Or0zjKRbP2k\">watch, runtime: 03:59<\/a>). The president offered his condolences on Mozambique\u2019s losses due to recent hurricanes and expressed Egypt\u2019s full support. The countries signed three MoUs, including one to exempt VIP passport holders from visa applications (<a href=\"https:\/\/www.youtube.com\/watch?v=sw57HeUq2eo\">watch, runtime: 01:38<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=1kUUP-ZTXHA\">runtime: 01:52<\/a>).<\/p>\n<p><b>Enppi winning a USD 500 mn contract for a project in Saudi Arabia <\/b>also earned some airtime with Hona Al Asema\u2019s Reham Ibrahim (<a href=\"https:\/\/www.youtube.com\/watch?v=GZLOJT_Yyaw\">watch, runtime: 05:53<\/a>). We have more in this morning\u2019s Energy section, below.<\/p>\n<p>El Hekaya\u2019s Amr Adib explained that a technical issue was responsible for the <b>delay in El Sisi\u2019s speech at the opening ceremony<\/b> (<a href=\"https:\/\/www.youtube.com\/watch?v=JRhWDhjLSwU\">watch, runtime: 01:05<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enppi\/\">Enppi<\/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\/mozambique\/\">Mozambique<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"599217\" 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=\"599217\">\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\/23\/egypt-to-receive-usd-9-bn-under-trump-administrations-mideast-peace-to-prosperity-economic-plan\/\">\r\n                            Egypt to receive USD 9 bn under Trump administration\u2019s Mideast \u2018Peace to Prosperity\u2019 economic plan                        <\/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\/23\/egypt-to-receive-usd-9-bn-under-trump-administrations-mideast-peace-to-prosperity-economic-plan\/\" 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\/23\/egypt-to-receive-usd-9-bn-under-trump-administrations-mideast-peace-to-prosperity-economic-plan\/')\">\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\/23\/egypt-to-receive-usd-9-bn-under-trump-administrations-mideast-peace-to-prosperity-economic-plan\/\">\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 receive USD 9 bn under Trump administration\u2019s Mideast \u2018Peace to Prosperity\u2019 economic plan&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypt-to-receive-usd-9-bn-under-trump-administrations-mideast-peace-to-prosperity-economic-plan\/\">\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\/23\/egypt-to-receive-usd-9-bn-under-trump-administrations-mideast-peace-to-prosperity-economic-plan\/&title=Egypt to receive USD 9 bn under Trump administration\u2019s Mideast \u2018Peace to Prosperity\u2019 economic plan\">\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+receive+USD+9+bn+under+Trump+administration%E2%80%99s+Mideast+%E2%80%98Peace+to+Prosperity%E2%80%99+economic+plan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fegypt-to-receive-usd-9-bn-under-trump-administrations-mideast-peace-to-prosperity-economic-plan%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\/23\/egypt-to-receive-usd-9-bn-under-trump-administrations-mideast-peace-to-prosperity-economic-plan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2425.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"599218\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypt-to-receive-usd-9-bn-under-trump-administrations-mideast-peace-to-prosperity-economic-plan\/2425-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2425.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2425.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2425.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2425.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599217\" class=\"content-area-description single-story post-599217 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-economy tag-enterpriseam tag-israel-palestine-conflict tag-jared-kushner tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a><b> Egypt to receive USD 9 bn under Trump administration\u2019s Mideast \u2018Peace to Prosperity\u2019 economic plan:<\/b> Egypt will receive as much as USD 9.1 bn worth of investment as part of the Trump Administration\u2019s USD 50 bn Mideast economic plan, according to <a href=\"https:\/\/ent.news\/2019\/6\/2295.pdf\">documents released by the White House (pdf)<\/a> ahead of this week\u2019s US-led workshop in Bahrain. The money would be invested across 12 projects in Egypt as follows:<\/p>\n<ul>\n<li><b>USD 5 bn<\/b> earmarked for Egypt\u2019s transport infrastructure;<\/li>\n<li><b>USD 1.5 bn<\/b> to support Egypt emergence as a regional gas hub;<\/li>\n<li><b>USD 2 bn<\/b> for development projects in Sinai (USD 500 mn each for power generation, water infrastructure, transport infrastructure and tourism projects);<\/li>\n<li><b>USD 500 mn<\/b> to expand the Suez Canal Zone;<\/li>\n<li>An extra <b>USD 125 mn<\/b> will go to the US Overseas Private Investment Corporation (OPIC) program, which finances the growth of Egyptian SMEs;<\/li>\n<li><b>USD 30 mn<\/b> will be used to upgrade the Egypt-Gaza power supply to 100 MW across two stages over three years;<\/li>\n<li><b>USD 12 mn<\/b> will be allocated to refurbish existing Egyptian lines connected to Gaza;<\/li>\n<li>A commitment to explore ways to increase trade between Egypt\u2019s Qualified Industrial Zones (QIZs), and Israel and Palestine.<\/li>\n<\/ul>\n<p><b>What\u2019s the quid pro quo for Egypt?<\/b> In an <a href=\"https:\/\/www.reuters.com\/article\/us-israel-palestinians-plan-exclusive\/exclusive-white-houses-kushner-unveils-economic-portion-of-middle-east-peace-plan-idUSKCN1TN0ES\">interview with Reuters<\/a>, White House advisor Jared Kushner referred to the economic plan as the \u201cless controversial\u201d part of the Trump Administration\u2019s peace plan, raising eyebrows over what kind of political solution Kushner and Co. are intending to pursue. Trump\u2019s Middle East envoy, Jason Greenblatt, <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/21\/white-house-denies-it-wants-egypt-to-cede-part-of-sinai-to-palestine-3\/\">has repeatedly denied<\/a> reports that Egypt will be asked to <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/03\/is-the-donald-about-to-ask-egypt-to-give-up-part-of-sinai-to-the-palestinians-under-his-mideast-peace-plan\/\">surrender a chunk<\/a> of the Sinai to create a sort of Greater Gaza area that stretches over the Rafah border to El Arish.<\/p>\n<p><b>How the rest of the USD 50 bn will be allocated:<\/b> The West Bank and Gaza will receive almost USD 28 bn, most of it earmarked for investment in transportation infrastructure, the power grid, water infrastructure, education, housing and agriculture. USD 5 bn will be spent on a transportation link connecting the West Bank and Gaza, and a further USD 1 bn has been earmarked to develop the Palestinian tourism sector. The rest of the fund will be divided between Jordan (which would receive USD 7.4 bn) and Lebanon (USD 6.3 bn).<\/p>\n<p><b>The cash would be administered by a new investment fund <\/b>under an \u201cestablished multilateral development bank,\u201d according to <a href=\"https:\/\/ent.news\/2019\/6\/366.pdf\">a second document (pdf)<\/a>.<\/p>\n<p><b>Where\u2019s the USD 50 bn coming from?<\/b> According to the documents, USD 13.4 bn will be funded by grants and USD 25.7 bn will come from subsidized loans. Private capital, meanwhile, will stump up the remaining USD 11.6 bn.<\/p>\n<p><b>There are serious doubts over whether the target figure is achievable.<\/b> Reuters writes that there are \u201cstrong doubts\u201d about whether governments will be willing to donate to the fund as long as a political solution remains out of sight. Foreign investors too are unlikely to see Palestine as an attractive investment destination given the poor security situation and the military occupation in the West Bank, which restricts the movement of people, goods and services.<\/p>\n<p><b>Dream on, say the Palestinians:<\/b> Hanan Ashrawi, a key figure in the Palestinian negotiating team over the past three decades, <a href=\"https:\/\/www.reuters.com\/article\/us-israel-palestinians-plan-reaction\/palestinians-reject-kushner-economy-first-approach-to-mideast-peace-idUSKCN1TN0KS\">dismissed the plan<\/a> as mere \u201cintentions\u201d and \u201cabstract promises,\u201d arguing that only a negotiated political settlement will bring the conflict to an end. Hamas unsurprisingly rejected the proposal, saying \u201cPalestine isn\u2019t for sale.\u201d Palestinian businesses meanwhile have also come out in support of boycotting the Bahrain workshop, <a href=\"https:\/\/www.cnbc.com\/2019\/06\/20\/reuters-america-in-rebuff-to-trump-palestinian-businesses-call-for-freedom-not-cash.html?&qsearchterm=Egypt\">CNBC reports<\/a>.<\/p>\n<p><b>Egypt is definitely attending the Bahrain workshop:<\/b> A delegation headed by a vice finance minister will travel to Manama on 25-26 June to attend the event, according to a Foreign Ministry statement <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N23T0L8\">picked up by Reuters<\/a>. Egypt will reiterate its desire for a political solution to the conflict before economic development plans are put into place, a ministry spokesman said.<\/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\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel-palestine-conflict\/\">Israel-Palestine conflict<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/jared-kushner\/\">Jared Kushner<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"599232\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"599233\" 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=\"599233\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/the-transition-to-clean-energy-how-are-we-doing-hint-not-very-well\/\">\r\n                            The transition to clean energy \u2014 how are we doing? (Hint: not very well)                        <\/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\/23\/the-transition-to-clean-energy-how-are-we-doing-hint-not-very-well\/\" 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\/23\/the-transition-to-clean-energy-how-are-we-doing-hint-not-very-well\/')\">\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\/23\/the-transition-to-clean-energy-how-are-we-doing-hint-not-very-well\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The transition to clean energy \u2014 how are we doing? (Hint: not very well)&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/the-transition-to-clean-energy-how-are-we-doing-hint-not-very-well\/\">\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\/23\/the-transition-to-clean-energy-how-are-we-doing-hint-not-very-well\/&title=The transition to clean energy \u2014 how are we doing? (Hint: not very well)\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+transition+to+clean+energy+%E2%80%94+how+are+we+doing%3F+%28Hint%3A+not+very+well%29+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fthe-transition-to-clean-energy-how-are-we-doing-hint-not-very-well%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\/23\/the-transition-to-clean-energy-how-are-we-doing-hint-not-very-well\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2100.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"599234\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/the-transition-to-clean-energy-how-are-we-doing-hint-not-very-well\/2100-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2100.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2100.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2100.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2100.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599233\" class=\"content-area-description single-story post-599233 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-electricity tag-enterpriseam tag-image-of-the-day tag-renewable-energy tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Twelve beautiful, but sad, charts and graphs tell the story of our global transition to clean energy: <\/b>Using beautifully clear visuals that lay out all the essential science and economics behind green energy policy, <a href=\"https:\/\/www.vox.com\/energy-and-environment\/2019\/6\/18\/18681591\/renewable-energy-china-solar-pv-jobs\">Vox\u2019s David Roberts<\/a>digests 250 pages of the recently published <a href=\"http:\/\/www.ren21.net\/gsr-2019\/\">Renewables Global Status Report (GSR)<\/a> to demonstrate how our progress has been and what we need to be doing to have any chance of slowing climate change.<\/p>\n<p><b>A few takeaways:<\/b> Global carbon emissions were up 1.7% in 2018, while global fossil fuel subsidies were up 11% y-o-y in 2017 to USD 300 bn. Investment in renewable energy (excluding hydropower) last year was USD 288.9 bn \u2014 an 11% percent decrease from 2017. Renewables are pulling ahead in the power sector, with solar creating the most jobs.<\/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\/electricity\/\">electricity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/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=\"599235\" 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=\"599235\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypt-in-the-news-on-23-june-2019\/\">\r\n                            Egypt in the News on 23 June 2019                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypt-in-the-news-on-23-june-2019\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypt-in-the-news-on-23-june-2019\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypt-in-the-news-on-23-june-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the News on 23 June 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypt-in-the-news-on-23-june-2019\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypt-in-the-news-on-23-june-2019\/&title=Egypt in the News on 23 June 2019\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+23+June+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fegypt-in-the-news-on-23-june-2019%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypt-in-the-news-on-23-june-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599235\" class=\"content-area-description single-story post-599235 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-mohamed-morsi tag-recep-tayyip-erdogan tag-un wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The death of former president Mohamed Morsi continues to drive the conversation on Egypt<\/b> in the foreign press, with <a href=\"https:\/\/www.washingtonpost.com\/world\/when-egypts-ousted-president-morsi-collapsed-in-court-help-was-not-immediate-witnesses-say\/2019\/06\/20\/f4e5716a-9375-11e9-956a-88c291ab5c38_story.html?utm_term=.b67097b48f6b\">the Washington Post<\/a> once again questioning his health and medical care. Media coverage of Morsi\u2019s passing, which the <a href=\"https:\/\/news.yahoo.com\/death-egypts-morsi-comes-amid-124723463.html\">AP says<\/a> was a \u201cbrief rallying point\u201d for the Ikhwan, was muted by the government, <a href=\"https:\/\/rsf.org\/en\/news\/egypt-suppresses-domestic-media-coverage-morsi-death\">Reporters Without Borders claims<\/a>. Turkish president Erdogan meanwhile said he believes the UN will look into the circumstances of Morsi\u2019s death, <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-mursi-erdogan\/turkeys-erdogan-says-he-believes-u-n-will-look-into-death-of-egypts-mursi-idUSKCN1TL0TH\">Reuters reports<\/a>. The <a href=\"https:\/\/www.independent.co.uk\/voices\/morsi-death-egypt-al-sisi-middle-east-arab-democracy-donald-trump-a8967141.html\">Independent\u2019s Robert Fisk<\/a> (yes, he\u2019s still writing) launches a brief but damning attack on the hypocrisy of western governments, dripping sarcasm as he calls for \u201cthree cheers again for our parliamentary democracies, which always speak with one voice about tyranny.\u201d<\/p>\n<p><b>Egypt\u2019s attempt to repatriate a 3,000-year-old bust of King Tut is giving new impetus to questions about cultural ownership of ancient artefacts<\/b>, Heba Saleh <a href=\"https:\/\/www.ft.com\/content\/1c51bfa4-940e-11e9-aea1-2b1d33ac3271\">writes for the Financial Times<\/a>. French auction house Christie\u2019s raised Egyptian eyebrows when it announced earlier this month it would auction the sculpture, which it maintains is legal under international treaties. Egypt and other countries have been arguing that many ancient pieces are circulating on the black market as a result of looting, \u201cbut some warn that the increase in acrimonious disputes over antiquity sales could drive the trade further into the private market,\u201d Saleh says.<\/p>\n<p>Other headlines worth a moment of your time:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2019\/06\/egypt-must-not-sentence-to-death-a-young-man-forcibly-disappeared-and-tortured-at-17\/\"><b>Amnesty International<\/b><\/a><b> is calling on Egypt to decide against giving the death penalty<\/b> to Karim Hemada, who was arrested as a minorfor being a member of a terrorist group. Sentencing was expected to take place yesterday, after his case was referred to the Grand Mufti on 6 June.<\/li>\n<li><b>Saidi folkloric music group Mazameer El Nil are getting some love<\/b> from <a href=\"https:\/\/thearabweekly.com\/family-group-preserves-musical-heritage-upper-egypt\">The Arab Weekly<\/a>.<\/li>\n<\/ul>\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\/mohamed-morsi\/\">Mohamed Morsi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/recep-tayyip-erdogan\/\">Recep Tayyip Erdogan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/un\/\">UN<\/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=\"599236\" 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=\"599236\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE FRONT PAGES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/el-sisi-talks-cooperation-with-mozambican-counterpart\/\">\r\n                            El Sisi talks cooperation with Mozambican counterpart                        <\/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\/23\/el-sisi-talks-cooperation-with-mozambican-counterpart\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" 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counterpart&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/el-sisi-talks-cooperation-with-mozambican-counterpart\/\">\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\/23\/el-sisi-talks-cooperation-with-mozambican-counterpart\/&title=El Sisi talks cooperation with Mozambican counterpart\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi+talks+cooperation+with+Mozambican+counterpart+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fel-sisi-talks-cooperation-with-mozambican-counterpart%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\/23\/el-sisi-talks-cooperation-with-mozambican-counterpart\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599236\" class=\"content-area-description single-story post-599236 post type-post status-publish format-standard hentry category-on-the-front-pages tag-africa tag-diplomacy tag-enterpriseam tag-mozambique 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 meets Mozambican counterpart: <\/b>A meeting between President Abdel Fattah El Sisi and Mozambican President Filipe Nyusi topped the front pages of all three government dailies this morning (<a href=\"http:\/\/www.ahram.org.eg\/\">Al Ahram<\/a> | <a href=\"https:\/\/www.pressreader.com\/egypt\/al-akhbar\">Al Akhbar<\/a> | <a href=\"http:\/\/www.algomhuria.net.eg\/algomhuria\/today\/pdf-big\/\">Al Gomhuria<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mozambique\/\">Mozambique<\/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=\"599237\" 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=\"599237\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/shoukry-urges-ethiopia-sudan-to-speed-up-gerd-talks\/\">\r\n                            Shoukry urges Ethiopia, Sudan to speed up GERD talks                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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<\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599237\" class=\"content-area-description single-story post-599237 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam tag-ethiopia tag-sameh-shoukry tag-sudan tag-water wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Shoukry urges Ethiopia, Sudan to speed up GERD talks:<\/b> Foreign Minister Sameh Shoukry called on Ethiopia and Sudan to expedite negotiations over the Grand Ethiopian Renaissance Dam (GERD) during a meeting on Thursday with Ethiopian Foreign Minister Gedu Andaragachew, <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/2857437080994886?__xts__%5b0%5d=68.ARCKxLS7LaHtu-FBhEaF77rdf7PYmZpLZ8veO2-0ucP1P22KopClQRJfZ_FTIbveNnO7NLPh9R1Xf3K6YaBvOPwdsTxFzRczQBaWziovci6fKrhSoBUNHacVHJ-yICZkTzAR0fWLdp3ypEEFZ2uqovfOEr78OBi5DDNbFy4PA89v2_MngGMjkl3nJRR_Z1ncnbihdLY9PJ4jtZqt-cTcHyxFzQVmXh2X6EM-R55Ia2ptQBKZVZpH3VKUfPsYUxnTjqYnIxYb60JFMcJwXdexS4bHkjxp4TahdLS6ns_Dn0JpsxIDahC111FFiPqSqPkLIZl0vIbfJM-Luwg4XSQa8-7ERg&__tn__=-R\">according to a ministry statement<\/a>. Shoukry also said he intends to call a tripartite meeting soon between the three countries\u2019 foreign and irrigation ministers to continue talks. The planned construction of the 6 GW GERD has been a source of tension between Egypt, Sudan, and Ethiopia for several years now, and <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/11\/gerd-talks-resume-el-sisi-meets-with-congolese-counterpart-un-chief\/\">the issue remains unresolved<\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ethiopia\/\">Ethiopia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sameh-shoukry\/\">Sameh Shoukry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/water\/\">water<\/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=\"599240\" 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=\"599240\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/enppi-wins-usd-500-mn-worth-turnkey-project-in-saudi\/\">\r\n                            Enppi wins USD 500 mn-worth turnkey project in Saudi                        <\/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\/23\/enppi-wins-usd-500-mn-worth-turnkey-project-in-saudi\/\" 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\/23\/enppi-wins-usd-500-mn-worth-turnkey-project-in-saudi\/')\">\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\/23\/enppi-wins-usd-500-mn-worth-turnkey-project-in-saudi\/\">\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=Enppi wins USD 500 mn-worth turnkey project in Saudi&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/enppi-wins-usd-500-mn-worth-turnkey-project-in-saudi\/\">\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\/23\/enppi-wins-usd-500-mn-worth-turnkey-project-in-saudi\/&title=Enppi wins USD 500 mn-worth turnkey project in Saudi\">\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=Enppi+wins+USD+500+mn-worth+turnkey+project+in+Saudi+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fenppi-wins-usd-500-mn-worth-turnkey-project-in-saudi%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\/23\/enppi-wins-usd-500-mn-worth-turnkey-project-in-saudi\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599240\" class=\"content-area-description single-story post-599240 post type-post status-publish format-standard hentry category-energy tag-energy tag-enppi tag-enterpriseam tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Enppi has won in a bid for a turnkey project in Saudi Arabia worth over USD 500 mn, defeating a number of Saudi and international contractors, the cabinet <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1285134608331568\">according to a cabinet statement<\/a>. The contract brings Enppi\u2019s total size of activities in KSA to USD 1.25 bn. No further details were provided.<\/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\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enppi\/\">Enppi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"599241\" 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=\"599241\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypts-agricultural-exports-rise-to-3-7-mn-tonnes-in-2019\/\">\r\n                            Egypt\u2019s agricultural exports rise to 3.7 mn tonnes in 2019                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypts-agricultural-exports-rise-to-3-7-mn-tonnes-in-2019\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypts-agricultural-exports-rise-to-3-7-mn-tonnes-in-2019\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypts-agricultural-exports-rise-to-3-7-mn-tonnes-in-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s agricultural exports rise to 3.7 mn tonnes in 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypts-agricultural-exports-rise-to-3-7-mn-tonnes-in-2019\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypts-agricultural-exports-rise-to-3-7-mn-tonnes-in-2019\/&title=Egypt\u2019s agricultural exports rise to 3.7 mn tonnes in 2019\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+agricultural+exports+rise+to+3.7+mn+tonnes+in+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fegypts-agricultural-exports-rise-to-3-7-mn-tonnes-in-2019%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/egypts-agricultural-exports-rise-to-3-7-mn-tonnes-in-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599241\" class=\"content-area-description single-story post-599241 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-agriculture tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt\u2019s agriculture exports since the beginning of 2019 have risen to 3.7 mn tonnes, compared to 3.47 mn tonnes during the same period last year, <a href=\"https:\/\/www.facebook.com\/agrinews92\/photos\/a.543271049184593\/1239245449587146\/?type=3&theater\">the Agriculture Ministry said in a statement<\/a>. Citrus fruits comprised the biggest portion of the exports, followed by potatoes and onions.<\/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\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"599242\" 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=\"599242\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/cib-signs-egp-400-mn-financing-agreement-with-mup\/\">\r\n                            CIB signs EGP 400 mn financing agreement with MUP                        <\/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\/23\/cib-signs-egp-400-mn-financing-agreement-with-mup\/\" 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\/23\/cib-signs-egp-400-mn-financing-agreement-with-mup\/')\">\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\/23\/cib-signs-egp-400-mn-financing-agreement-with-mup\/\">\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=CIB signs EGP 400 mn financing agreement with MUP&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/cib-signs-egp-400-mn-financing-agreement-with-mup\/\">\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\/23\/cib-signs-egp-400-mn-financing-agreement-with-mup\/&title=CIB signs EGP 400 mn financing agreement with MUP\">\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=CIB+signs+EGP+400+mn+financing+agreement+with+MUP+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fcib-signs-egp-400-mn-financing-agreement-with-mup%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\/23\/cib-signs-egp-400-mn-financing-agreement-with-mup\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599242\" class=\"content-area-description single-story post-599242 post type-post status-publish format-standard hentry category-banking-finance tag-banking tag-banking-finance tag-cib tag-enterpriseam tag-finance tag-pharma wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>CIB has signed a EGP 400 mn medium-term financing contract with Medical Union Pharma (MUP), bringing the company\u2019s total credit facilities to EGP 1 bn, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1406963\">AMAY reported<\/a>. The financing aims to consolidate the company\u2019s financial standing and allow it to boost its investments in the coming phase as well as set up new facilities.<\/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\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cib\/\">CIB<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pharma\/\">pharma<\/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=\"599244\" 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=\"599244\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/\">\r\n                            House approves EUR 225 mn loan from KFW development bank                        <\/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\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/\" 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\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/')\">\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\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/\">\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=House approves EUR 225 mn loan from KFW development bank&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/\">\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\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/&title=House approves EUR 225 mn loan from KFW development bank\">\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=House+approves+EUR+225+mn+loan+from+KFW+development+bank+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fhouse-approves-eur-225-mn-loan-from-kfw-development-bank%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\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599244\" class=\"content-area-description single-story post-599244 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-debt tag-enterpriseam tag-finance tag-house-of-representatives tag-other-business-news-of-note tag-state-budget wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The House of Representatives has approved a second, EUR 225 mn (c.USD 256 mn) tranche of a USD 450 mn facility from Germany\u2019s KfW development bank to close the state budget\u2019s financing gap, <a href=\"https:\/\/www.mubasher.info\/news\/3492799\/-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D8%B9%D9%84%D9%89-%D9%82%D8%B1%D8%B6-%D8%A8%D9%80225%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%8A%D9%88%D8%B1%D9%88-%D9%85%D9%86-%D8%A7%D9%84%D8%AA%D8%B9%D9%85%D9%8A%D8%B1-%D8%A7%D9%84%D8%A3%D9%84%D9%85%D8%A7%D9%86%D9%8A-\">Mubasher reported<\/a>. The tranche was approved by the government <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/14\/cabinet-approves-development-loans-grant-worth-combined-eur-278-9-mn\/\">in March<\/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\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/state-budget\/\">state budget<\/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=\"599246\" 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=\"599246\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/el-sisi-receives-honorary-doctorate-from-romanian-university\/\">\r\n                            El Sisi receives honorary doctorate from Romanian university                        <\/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\/23\/el-sisi-receives-honorary-doctorate-from-romanian-university\/\" 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\/23\/el-sisi-receives-honorary-doctorate-from-romanian-university\/')\">\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\/23\/el-sisi-receives-honorary-doctorate-from-romanian-university\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=El Sisi receives honorary doctorate from Romanian university&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/el-sisi-receives-honorary-doctorate-from-romanian-university\/\">\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\/23\/el-sisi-receives-honorary-doctorate-from-romanian-university\/&title=El Sisi receives honorary doctorate from Romanian university\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi+receives+honorary+doctorate+from+Romanian+university+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fel-sisi-receives-honorary-doctorate-from-romanian-university%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\/23\/el-sisi-receives-honorary-doctorate-from-romanian-university\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599246\" class=\"content-area-description single-story post-599246 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-abdel-fattah-el-sisi tag-egypt-politics-economics tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>President Abdel Fattah El Sisi was granted an honorary doctorate from the Bucharest University of Economic Studies, <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/632437763942274?__xts__%5b0%5d=68.ARCGxcittON5sJKkI7cbaIpvXvZGmeytDSbAGphwpGwmyUbdLi5Ng1lZc5vKPZn-Zq7j_b7O1NjQErUZpY_UbCTqHVQb-O6xDhl_j2OrbodDGcfMaQMxLCgn83Z-3S7CG59wVwCPNgI5ZtSJsrL_aR0Ul4oQQHJ1KYA0GGzUOzrhMks78f9OLfj528fXJB9pK_6Rlbl9zd3yFeisTbWgGu92771izfoNxrga9naX-_OXQutlR0kX4lLPMcQvoclHsywmdAsLfe4MoLK9kRVm1shfcbBfHiEXS2VHvNdtPKZjByia_Vx0zlfaQA8Ka9t2UwI4BXZ219xVdLDEIookYlQ&__tn__=-R\">Ittihadiya said in a statement<\/a>. El Sisi received his honorary degree during his visit to Romania last week.<\/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\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/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=\"599247\" 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=\"599247\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/mastercard-expects-egypts-e-banking-market-to-double-before-2022\/\">\r\n                            Mastercard expects Egypt\u2019s e-banking market to double before 2022                        <\/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\/23\/mastercard-expects-egypts-e-banking-market-to-double-before-2022\/\" 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\/23\/mastercard-expects-egypts-e-banking-market-to-double-before-2022\/')\">\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\/23\/mastercard-expects-egypts-e-banking-market-to-double-before-2022\/\">\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=Mastercard expects Egypt\u2019s e-banking market to double before 2022&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/mastercard-expects-egypts-e-banking-market-to-double-before-2022\/\">\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\/23\/mastercard-expects-egypts-e-banking-market-to-double-before-2022\/&title=Mastercard expects Egypt\u2019s e-banking market to double before 2022\">\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=Mastercard+expects+Egypt%E2%80%99s+e-banking+market+to+double+before+2022+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fmastercard-expects-egypts-e-banking-market-to-double-before-2022%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\/23\/mastercard-expects-egypts-e-banking-market-to-double-before-2022\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599247\" class=\"content-area-description single-story post-599247 post type-post status-publish format-standard hentry category-on-your-way-out tag-banking tag-enterpriseam tag-mastercard tag-technology wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Mastercard expects Egypt\u2019s e-banking market to double in size before 2022<\/b> as the Madbouly government and CBE push ahead with financial inclusion drives, <a href=\"https:\/\/www.mubasher.info\/news\/3492729\/-%D9%85%D8%A7%D8%B3%D8%AA%D8%B1%D9%83%D8%A7%D8%B1%D8%AF-%D8%AA%D8%AA%D9%88%D9%82%D8%B9-%D8%AA%D8%B6%D8%A7%D8%B9%D9%81-%D8%AD%D8%AC%D9%85-%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D8%AF%D9%81%D8%B9-%D8%A7%D9%84%D8%A5%D9%84%D9%83%D8%AA%D8%B1%D9%88%D9%86%D9%8A-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D8%A8%D9%802022\">MENA reported<\/a>. Electronic transactions currently make up for only 2-3% of all transactions, but this is set to rise to up to 10%, said Country Manager Magdy Hassan.<\/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\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mastercard\/\">Mastercard<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"599250\" 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=\"599250\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/the-market-yesterday-374\/\">\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\/23\/the-market-yesterday-374\/\" 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\/23\/the-market-yesterday-374\/')\">\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\/23\/the-market-yesterday-374\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The Market Yesterday&url=https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/the-market-yesterday-374\/\">\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\/23\/the-market-yesterday-374\/&title=The Market Yesterday\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+Market+Yesterday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F06%2F23%2Fthe-market-yesterday-374%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\/23\/the-market-yesterday-374\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599250\" class=\"content-area-description single-story post-599250 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><p><b>EGP \/ USD CBE market average: <\/b>Buy 16.6475 | Sell 16.7475<b><\/p>\n<p> EGP \/ USD at CIB:<\/b> Buy 16.64 | Sell 16.74<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 16.65 | Sell 16.75<\/p>\n<p><b>EGX30<\/b> (Thursday): 14,043.42 (-0.63%)<\/p>\n<p> <b>Turnover:<\/b> EGP 685 mn (7% below the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +7.7%<\/p>\n<p><b>THE MARKET ON THURSDAY:<\/b> The EGX30 ended Thursday\u2019s session down 0.63%. CIB, the index heaviest constituent ended up 0.16%. EGX30\u2019s top performing constituents were Arab Co. for Asset Management and Development up 3.45%, Oriental Weavers up 3.36%, and TMG Holding up 1.79%. Thursday\u2019s worst performing stocks were Madinet Nasr Housing down 3.90%, Arabia Investment Holdings down 3.48% and Pioneers Holding down 2.61%. The market turnover was EGP 685 mn, and foreign investors were the sole net buyers.<\/p>\n<p><b>Foreigners<\/b>: Net long | EGP +81.7 mn<\/p>\n<p> <b>Regional<\/b>: Net short | EGP -40.9 mn<\/p>\n<p> <b>Domestic<\/b>: Net short | EGP -40.8 mn<\/p>\n<p><b>Retail<\/b>: 43.9% of total trades | 45.5% of buyers | 42.2% of sellers<\/p>\n<p> <b>Institutions<\/b>: 56.1% of total trades | 54.5% of buyers | 57.8% of sellers<\/p>\n<p><b>WTI:<\/b> USD 57.43 (+0.63%)<\/p>\n<p> <b>Brent:<\/b> USD 65.20 (+1.16%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.19 MMBtu, (+1.67%, July 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,400.10 \/ troy ounce (+0.23%)<\/p>\n<p><b>TASI:<\/b> 8,869.70 (-0.74%) (YTD: +13.33%)<\/p>\n<p> <b>ADX:<\/b> 5,044.72 (+1.40%) (YTD: +2.64%)<\/p>\n<p> <b>DFM:<\/b> 2,658.88 (+0.74%) (YTD: +5.10%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,367.00 (+1.01%)<\/p>\n<p> <b>QE:<\/b> 10,688.67 (+1.73%) (YTD: +3.78%)<\/p>\n<p> <b>MSM:<\/b> 3,928.26 (-0.39%) (YTD: -9.15%)<\/p>\n<p> <b>BB: <\/b>1,454.97 (+0.08%) (YTD: +8.80%)<\/p><\/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\/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=\"599251\" 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\/23\/599251\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-599251\" class=\"content-area-description single-story post-599251 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>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>August: Meetings of the Egyptian-Belarussian Committee for trade, economic, scientific and technical cooperation, Minsk.<\/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\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":599213,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-599212","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"dccd78b0-43bc-4f91-8b92-68ffcce9e27f","teaser":"","photo_url":"https:\/\/ent.news\/2020\/10\/83.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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