{"id":600886,"date":"2019-02-13T04:17:43","date_gmt":"2019-02-13T04:17:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=600886"},"modified":"2025-12-16T21:54:04","modified_gmt":"2025-12-16T21:54:04","slug":"imf-sees-potential-for-booming-fintech-industry-in-egypt","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/imf-sees-potential-for-booming-fintech-industry-in-egypt\/","title":{"rendered":"IMF sees potential for booming fintech industry in Egypt"},"content":{"rendered":"<section id=\"600888\" 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=\"600888\">\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\/02\/13\/what-were-tracking-on-13-february-2019\/\">\r\n                            What we\u2019re tracking on 13 February 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\/02\/13\/what-were-tracking-on-13-february-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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Nestl\u00e9 is joining us for a multi-month campaign, sponsoring What We\u2019re Tracking Today, our daily look at the news and trends that are driving the business agenda in Egypt, in emerging markets and in global financial capitals that are relevant to our readers. And each Thursday, Nestl\u00e9 will present a health and nutrition tip in On Your Way Out for your consideration. The generous support of Nestl\u00e9 and Nescaf\u00e9 and of our pillar sponsors Pharos Holding, CIB and SODIC are what allow us to continue bringing you Enterprise every morning without charge. We are honored to enjoy their support.<\/p>\n<p><b>It\u2019s shaping up to be a quiet day<\/b> in a week that has been all oil and gas, all the time thanks to the Egypt Petroleum Show, which concludes today.<\/p>\n<p><b>The big non-petroleum news today will still be a yawner<\/b> as the House of Representatives votes in plenary session on a report on the proposed amendments to the constitution. The vote, which was originally scheduled for next week, is a prerequisite for the proposed amendments to be referred to the legislative committee, which will then have 60 days to review them. The report was prepared by its House\u2019s general committee, which includes the speaker of the House and the chairpersons of its committees.<\/p>\n<p><b>The world is Aramco\u2019s playground, apparently: <\/b>Saudi Aramco plans to launch an international hydrocarbon exploration and production company that will see it expand overseas for the first time, Saudi Energy Minister Khaled Al Falih told <a href=\"https:\/\/www.ft.com\/content\/e0a6775c-2e4f-11e9-ba00-0251022932c8\">the FT<\/a>. \u201cWe are no longer going to be inward-looking,\u201d the minister said. \u201cGoing forward the world is going to be Saudi Aramco\u2019s playground.\u201d<\/p>\n<p><b>Khalifa Haftar\u2019s Libyan National Army has seized control of Libya\u2019s largest oilfield, <\/b><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-02-11\/libya-s-haftar-secures-largest-oil-field-vows-to-hand-to-noc?srnd=premium-middle-east\">reports Bloomberg<\/a>. Armed protesters had shut down the 300k-bpd field back in December. An LNA spokesman announced following the operation that the Egypt- and UAE-backed forces intend to hand control of the field back to the National Oil Corporation.<\/p>\n<p><b>Is the (kinda modest) rally in emerging markets going to be fuelled by electric vehicles? Here\u2019s how that could work: <\/b>Copper prices could rise to USD 6,700 per tonne in 2019 from a current USD 6,139 as China ramps up its production of electric vehicles (EV), Citigroup analysts have predicted, according to <a href=\"https:\/\/www.ft.com\/content\/8ae7dd6c-2df3-11e9-8744-e7016697f225\">the Financial Times (paywall)<\/a>. Chinese demand for the commodity is set to grow by 2% this year, more than offsetting the loss of demand from the country\u2019s declining production of gasoline-powered cars, the analysts said. What\u2019s the link to EM? <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/03\/what-copper-can-tell-us-about-the-em-crisis\/\">As we noted in October<\/a>, the price of copper has lately correlated closely with EM performance thanks to Chinese demand. Prices have already risen 5% this year, roughly correlating with the emerging market rally that began at the start of 2019.<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2747.jpg?ssl=1\"><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <b>Bn\u2019aire Naguib Sawiris has spoken glowingly of opportunities in two non-traditional investment locations: Venezuela and North Korea.<\/b> Egypt\u2019s most outspoken business celebrity told <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-02-12\/billionaire-sawiris-would-invest-in-venezuela-post-maduro-rule?srnd=premium-middle-east\">Bloomberg<\/a> that he is open to investing in Venezuela \u2014 on the condition, that is, that President Nicol\u00e1s Maduro leave office. In a separate conversation with <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N2072AV\">Reuters<\/a>, Naguib said he is hopeful that talks between The Donald and North Korean leader Kim Jong Un will open up opportunities for investment in the world\u2019s most isolated country, where Naguib founded the country\u2019s mobile telecom operator, Koryolink.<\/p>\n<p><b>Naguib singled out Saudi Arabia as one place we would not invest<\/b>, <a href=\"https:\/\/www.cnbc.com\/2019\/02\/12\/egyptian-billionaire-naguib-sawiris-would-not-invest-in-saudi-arabia-.html\">telling CNBC<\/a>, \u201cWhy would I go somewhere where I am not convinced there is a rule of law and order. And that there is real democracy, and that people are free.\u201d He also urged the oil-rich kingdom to \u201ccome straight on human rights.\u201d Sawiris was speaking in the run-up to a 27-28 February summit between US President Donald Trump and North Korean leader Kim Jong Un. <a href=\"https:\/\/www.cnbc.com\/2019\/02\/12\/cnbc-transcript-egyptian-billionaire-naguib-sawiris.html\">Tap here for the full transcript of Naguib\u2019s interview<\/a> with CNBC.<\/p>\n<hr class=\"grey-line\">\n<p><b>Warning signs of an \u201cearnings recession\u201d in the US:<\/b> Analysts have cut their 1Q2019 earnings forecasts for US companies, expecting S&P 500 companies\u2019 profits to drop 1.7% y-o-y, <a href=\"https:\/\/www.nytimes.com\/2019\/02\/12\/business\/dealbook\/stock-market-earnings-recession.html?action=click&module=Latest&pgtype=Homepage\">the New York Times reports<\/a>, citing data from John Butters, senior earnings analyst at FactSet. Earlier forecasts had expected earnings to grow 3.3% during the quarter \u2014 and that was a downward revision from October. Earnings in the US are now under pressure and the absence of new tax cuts to cushion the blow makes it more difficult.<\/p>\n<p><b>On the flipside, EM are seeing a turnaround in sentiment from global investors<\/b>. A Bank of America Merrill Lynch survey of 200 institutional investors found that February\u2019s most popular trade is long EM, <a href=\"https:\/\/www.ft.com\/content\/88c393e0-2eb2-11e9-ba00-0251022932c8\">the Financial Times reports<\/a>. Contrary to last year\u2019s performance, MSCI\u2019s EM stock index surged 7.7% this year, narrowly outperforming its DM counterpart, while bond spreads also narrowed as prices have risen. Investors are still not going full speed though on fears from the US-China trade spat and high borrowing by corporates.<\/p>\n<p><b>PSA- You can expect decent weather today (<\/b>mainly sunny with a high of 22\u00b0C), according to our favorite weather app, but it agrees with the national weather service that we\u2019re looking at <b>a sandstorm tomorrow<\/b> \u2014 and, possibly, off-and-on showers on Friday.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                          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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=\"600890\" 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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<\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"600891\" 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=\"600891\">\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\/02\/13\/african-union-wrap-up-egypt-petroleum-show-compete-for-talking-heads-attention\/\">\r\n                            African Union wrap-up, Egypt Petroleum Show compete for talking heads\u2019 attention                        <\/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\/02\/13\/african-union-wrap-up-egypt-petroleum-show-compete-for-talking-heads-attention\/\" 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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href=\"https:\/\/api.whatsapp.com\/send?text=African+Union+wrap-up%2C+Egypt+Petroleum+Show+compete+for+talking+heads%E2%80%99+attention+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Fafrican-union-wrap-up-egypt-petroleum-show-compete-for-talking-heads-attention%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\/02\/13\/african-union-wrap-up-egypt-petroleum-show-compete-for-talking-heads-attention\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600891\" class=\"content-area-description single-story post-600891 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-african-union tag-egypt-petroleum-show tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-fdi wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The final outcomes of the African Union summit and the influx of updates from the Egypt Petroleum Show<\/b> were competing for the talking heads attention last night. We have all the details on the latter in Speed Round, below.<\/p>\n<p><b>President Abdel Fattah El Sisi set a \u201croadmap\u201d for Egypt\u2019s plans during its one-year chairmanship<\/b> of the African Union, which touches on dispute resolution and development plans for the continent, deputy head of the Egyptian Committee for African Affairs Salah Halima said on Al Hayah Al Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=F8Q0BTP84Bg\">watch, runtime: 06:44<\/a>). The AU summit also saw discussions on solutions for climate change and advocating for a permanent seat in the UN Security Council for an African country, former Assistant Foreign Minister for African Affairs Ahmed Hajjaj said (<a href=\"https:\/\/www.youtube.com\/watch?v=jRCqByrzH68\">watch, runtime: 07:41<\/a>).<\/p>\n<p><b>While we\u2019re on the subject of Africa<\/b>, the Cabinet Information and Decision Support Center reminded everyone that Egypt was Africa\u2019s top FDI destination last year in a report that both Al Hayah Al Youm and Masaa DMC took note of (<a href=\"https:\/\/www.youtube.com\/watch?v=lwqOAiPvSlE\">watch, runtime: 02:42<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=R0tV-YVq5aU\">runtime: 05:04<\/a>).<\/p>\n<p><b>Oil Ministry spokesman Hamdy Abdel Aziz gave the full rundown of the winners in oil and gas exploration tenders<\/b>, which was announced at the Egypt Petroleum Show yesterday. He noted that mostly foreign companies were awarded exploration rights in several Mediterranean and Western Desert concessions (<a href=\"https:\/\/www.youtube.com\/watch?v=Mq15wNBqTgs\">watch, runtime: 04:49<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/african-union\/\">African Union<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-petroleum-show\/\">Egypt Petroleum Show<\/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\/fdi\/\">FDI<\/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=\"600892\" 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=\"600892\">\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\/02\/13\/egypt-reveals-winners-of-oil-and-gas-bid-round\/\">\r\n                            Egypt reveals winners of oil and gas bid round                        <\/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\/02\/13\/egypt-reveals-winners-of-oil-and-gas-bid-round\/\" 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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Key takeaways from the second day of the gathering are below, and you can check our wrap-up of day one <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/12\/all-set-for-israeli-gas-coming-to-egypt-except-one-little-thing-israel-has-no-enough-pipeline-capacity\/\">here<\/a>.<\/p>\n<p><b>Shell wins big in oil and gas bid rounds, ExxonMobil to launch inaugural exploration in Egypt: <\/b>Egypt yesterday announced the winners of the two oil and gas exploration bid rounds launched by the EGPC and EGAS <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N1SS158\">last year<\/a>, the Oil Ministry said in a statement. Shell emerged as the big winner, being handed three concessions in which to drill for oil and two in which to explore for gas, and ExxonMobil will for the first time conduct exploration activities in Egypt. <b>Shell, Eni, Merlon, Neptune Energy and EGPC<\/b> were given seven oil exploration concessions between them, while <b>Shell, Exxon, Petronas, BP, DEA and Eni<\/b> were awarded five gas concessions. The EGPC-managed oil tender covered areas in the Western Desert, Eastern Desert, the Nile Valley and the Gulf of Suez, while EGAS\u2019 comprised of concessions in the Mediterranean and the Nile Delta.<\/p>\n<p><b>Dana Gas to invest USD 5 bn in potential mega gas field: <\/b>UAE-based Dana Gas plans to begin drilling in its North Arish field in the Mediterranean, which seismic scans indicated has about 20 tcf of potential reserves, which would make it the second biggest after Zohr,<a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL3N2074KJ\">CEO Patrick Allman-Ward told Reuters<\/a>. Drilling will begin in April or May in the first prospect, which data shows has 4 to 6 tcf and the company plans to invest as much as USD 5 bn to develop the field.<\/p>\n<p><b>Eni sang Egypt\u2019s praises as a regional success story: <\/b>Egypt is a success story when it comes to natural gas, boasting a domestic market that is one of the largest in Africa and combining it with strong growth, Eni\u2019s head of legal and regulatory affairs Massimo Mantovani told <a href=\"https:\/\/www.pipelineoilandgasnews.com\/interviewsfeatures\/interviews\/2019\/february\/egypt-a-success-story\/\">Pipeline Oil and Gas Magazine<\/a>. Mantovani also stressed the need for effective regulation and increasing power generation efficiency to continue capitalizing on the strides Egypt has made in LNG discoveries, production, and export developments.<\/p>\n<p><b>Eni again called for the mothballed Damietta LNG export plant to be brought back online ASAP<\/b>, with Mantovani saying Egypt\u2019s liquefaction facilities are critical pieces of infrastructure for exporting gas. The Damietta plant should be re-opened if the country is going to maximize its opportunities as a gas hub, he said. As we noted yesterday, Egypt is in talks with Eni and its Spanish partners to have a JV drop a <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/13\/egypt-in-talks-with-ugs-to-drop-usd-2-bn-arbitration-claim-over-damietta-liquefaction-plant\/\">USD 2 bn arbitration<\/a> claim related to the Damietta plant, which went offline after a supply disruption.<\/p>\n<p><b>Egypt\u2019s SUMED, Saudi Aramco sign oil storage agreements: <\/b>The EGPC majority-owned Arab Petroleum Pipelines Company (SUMED) has inked two agreements with Saudi Aramco to provide refined oil storage facilities with a combined capacity of 387k cubic meters (cbm), according to <a href=\"https:\/\/ent.news\/2019\/2\/492.pdf\">an Oil Ministry statement (pdf)<\/a>. Under the terms of the agreements Aramco will make SUMED\u2019s Sidi Kerir and Ain Sokhna storage terminals hubs for storing its refined crude products. Sidi Kerir will see 222k cbm of added diesel fuel capacity, and Ain Sokhna 165k cbm of added mazut capacity. All stored diesel fuel will be EU-certified and bound for re-exporting into Europe. The stored mazut, meanwhile, will be either re-exported, used as fuel for Saudi plants, sold in Egypt, or sold to ships in the region. Work on the mazut facilities is slated for completion in April.<\/p>\n<p><b>Background: <\/b>Oil giant Aramco revealed <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/12\/saudi-aramco-may-have-given-a-big-boost-to-our-ambitions-as-a-regional-energy-hub\/\">back in 2017<\/a> plans to use excess capacity at Egyptian refineries to refine Saudi crude and to use Egypt as a marketing hub. The company <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/04\/egypt-could-join-opec-after-2019-el-molla\/\">began supplying<\/a> refineries here with 500k bbl of crude per month since January 2018. That said, it\u2019s not yet clear if the new facilities will be used to store Aramco crude refined in Egypt or already-refined crude from Saudi. Oil Minister Tarek El Molla <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/02\/egypt-to-complete-in-march-refined-oil-storage-facilities-in-partnership-with-aramco\/\">said in January<\/a> that this will be the first time Egypt stores crude belonging to non-government companies.<\/p>\n<p><b>Misr Petroleum, Petronas move ahead to bring Amreya refinery to full capacity: <\/b>State-owned Misr Petroleum Company (MPC) signed an MoU with Malaysia\u2019s Petronas to set up a JV that will bring MPC\u2019s refinery plant in Amreya to full capacity, <a href=\"https:\/\/ent.news\/2019\/2\/1646.pdf\">according to a separate ministry statement (pdf)<\/a>. The government announced the project <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/25\/misr-petroleum-petronas-sign-refining-agreement-to-produce-30k-tonnes\/\">last July<\/a>. The ministry and Apache Egypt, Schlumberger, the Egyptian Drilling Company, Enppi, and SAB&T International Financial Consulting also signed training and operational efficiency MoUs.<\/p>\n<p><b>Shell to boost LNG exports from Egypt: <\/b>Shell plans to increase its LNG exports from the Idku liquefaction facility this year as output from its West Delta field increases, Shell Egypt chairman Gasser Hanter said on the sidelines of the conference, <a href=\"https:\/\/uk.reuters.com\/article\/egypt-gas-shell\/update-1-shell-aims-to-increase-lng-exports-from-egypt-executive-idUKL5N2074AD\">according to Reuters<\/a>. The Dutch oil giant shipped 12 LNG cargoes last year from the 1.2 bcf\/d plant and is \u201choping for more\u201d in 2019, he said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bid-rounds\/\">bid rounds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bp\/\">BP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eastern-mediterranean\/\">Eastern Mediterranean<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eni\/\">Eni<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/exxonmobil\/\">ExxonMobil<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/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\/shell\/\">Shell<\/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=\"600903\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"600904\" 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=\"600904\">\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\">Up Next<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/what-were-tracking-this-week-and-beyond-21\/\">\r\n                            What we\u2019re tracking this week and beyond                        <\/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\/02\/13\/what-were-tracking-this-week-and-beyond-21\/\" 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\/02\/13\/what-were-tracking-this-week-and-beyond-21\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/what-were-tracking-this-week-and-beyond-21\/&title=What we\u2019re tracking this week and beyond\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+and+beyond+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Fwhat-were-tracking-this-week-and-beyond-21%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\/02\/13\/what-were-tracking-this-week-and-beyond-21\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600904\" class=\"content-area-description single-story post-600904 post type-post status-publish format-standard hentry category-up-next tag-bonds tag-debt tag-enterpriseam tag-infrastructure tag-investment-watch tag-law tag-legislation tag-logistics tag-monetary-policy tag-pharma tag-renewables tag-security tag-travel tag-up-next wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The central bank\u2019s Monetary Policy Committee <\/b>will meet to decide on interest rates on Thursday.<\/p>\n<p><b>The EGP 500 mn first part of the fourth phase of Cairo Metro Line 3 will open<\/b> between 15-17 February, <a href=\"https:\/\/www.almalnews.com\/Story\/410618\/58\/%D8%A7%D9%81%D8%AA%D8%AA%D8%A7%D8%AD-%D8%A7%D9%84%D9%85%D8%B1%D8%AD%D9%84%D8%A9-%D8%A7%D9%84%D8%B1%D8%A7%D8%A8%D8%B9%D8%A9-%D9%84%D9%84%D8%AE%D8%B7-%D8%A7%D9%84%D8%AB%D8%A7%D9%84%D8%AB-%D9%84%D9%84%D9%85%D8%AA%D8%B1%D9%88-%D9%88%C2%AB%D8%A7%D9%84%D9%85%D8%B1%D8%AC-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9%C2%BB-17-%D9%81%D8%A8%D8%B1%D8%A7%D9%8A%D8%B1\">Al Mal reports<\/a>.<\/p>\n<p><b>Suez Canal Authority boss Mohab Mamish will be in Moscow on 17 February<\/b> to to move forward an agreement on a USD 7 bn Russian Industrial Zone, <a href=\"https:\/\/www.almalnews.com\/Story\/409617\/15\/-%D9%85%D9%85%D9%8A%D8%B4-%D9%8A%D8%AA%D9%88%D8%AC%D9%87-%D9%84%D8%B1%D9%88%D8%B3%D9%8A%D8%A7-%D9%84%D8%A7%D8%B3%D8%AA%D9%83%D9%85%D8%A7%D9%84-%D9%85%D9%81%D8%A7%D9%88%D8%B6%D8%A7%D8%AA-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%83%D9%8A%D8%A7%D9%86-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A%D8%A9\">Al Mal reports<\/a>.<\/p>\n<p><b>The Egyptian, Sudanese and Ethiopian foreign and irrigation ministers will be in Cairo<\/b> on 20 February for talks over the Grand Ethiopian Renaissance Dam, Foreign Minister Sameh Shoukry told <a href=\"https:\/\/www.youtube.com\/watch?v=2TDwFIbbnhw\">Extra News<\/a>.<\/p>\n<p><b>A Russian delegation will visit Sharm El Sheikh and Hurghada airports<\/b> in the second half of February to run a final security sweep ahead of a decision on whether to allow the resumption of direct flights, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1366800\">AMAY reports<\/a>.<\/p>\n<p><b>Antitrust ruling: <\/b>The Cairo Economic Court is <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/24\/correction-ruling-on-pharma-corruption-case\/\">due to deliver a decision<\/a> on an <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/\">appeal<\/a> by pharma distributors of an antitrust fine on 19 February.<\/p>\n<p><b>FinMin to present debt control strategy to El Sisi in March: <\/b>The Finance Ministry will present the final, reviewed version of its comprehensive public <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/10\/finance-ministry-drafts-more-realistic-comprehensive-debt-strategy-raises-egypts-public-debt-targets\/\">debt control strategy<\/a> to President Abdel Fattah El Sisi in March, <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Media\/Pages\/release-a-3-2-2019.aspx\">Finance Minister Mohamed Maait said<\/a>.<\/p>\n<p><b>Execs from 50 Japanese companies will be in Cairo in March<\/b> to discuss potential investment opportunities, <a href=\"https:\/\/www.youm7.com\/story\/2019\/2\/6\/%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D9%8A%D8%A7%D8%A8%D8%A7%D9%86-%D8%A8%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9-%D9%88%D9%81%D8%AF-%D9%8A%D8%B6%D9%85-50-%D8%B4%D8%B1%D9%83%D8%A9-%D9%8A%D8%A7%D8%A8%D8%A7%D9%86%D9%8A%D8%A9-%D9%83%D8%A8%D8%B1%D9%89-%D9%8A%D8%B2%D9%88%D8%B1\/4130794\">Youm7 reports<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pharma\/\">pharma<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/security\/\">security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/travel\/\">travel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/up-next\/\">Up Next<\/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=\"600905\" 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=\"600905\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/risky-business-catastrophe-bonds-begin-drawing-insurers-interest\/\">\r\n                            Risky business: Catastrophe bonds begin drawing insurers\u2019 interest                        <\/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\/02\/13\/risky-business-catastrophe-bonds-begin-drawing-insurers-interest\/\" 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\/02\/13\/risky-business-catastrophe-bonds-begin-drawing-insurers-interest\/')\">\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\/02\/13\/risky-business-catastrophe-bonds-begin-drawing-insurers-interest\/\">\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=Risky business: Catastrophe bonds begin drawing insurers\u2019 interest&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/risky-business-catastrophe-bonds-begin-drawing-insurers-interest\/\">\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\/02\/13\/risky-business-catastrophe-bonds-begin-drawing-insurers-interest\/&title=Risky business: Catastrophe bonds begin drawing insurers\u2019 interest\">\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=Risky+business%3A+Catastrophe+bonds+begin+drawing+insurers%E2%80%99+interest+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Frisky-business-catastrophe-bonds-begin-drawing-insurers-interest%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\/02\/13\/risky-business-catastrophe-bonds-begin-drawing-insurers-interest\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2848.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"600906\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/risky-business-catastrophe-bonds-begin-drawing-insurers-interest\/2848-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2848.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2848.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2848.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2848.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600905\" class=\"content-area-description single-story post-600905 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-bonds tag-capital-markets tag-enterpriseam tag-insurance tag-the-macro-picture 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-06\"><\/a> <b>Risky business:<\/b> \u201cCatastrophe bonds\u201d and other securities where investors directly take on insurance risk in return for a premium are drawing the interest of the world\u2019s biggest insurers,<a href=\"https:\/\/www.ft.com\/content\/88663f92-2647-11e9-8ce6-5db4543da632\">the FT reports<\/a>. And although a spate of natural disasters in the last two years has brought with it investor losses, long-term sectoral growth is predicted, following the leap in investment in insurance-linked securities (ILS) \u2014 from USD 18 bn in 2009 to USD 93 bn in 2018.<\/p>\n<p><b>The growth of \u201ccatastrophe bonds\u201d and ILS:<\/b> In the last couple of years, big insurers have displayed a particular appetite for merging with, acquiring or starting ILS managers, which are attractive partly because they enable the insurers to sell more insurance to customers by providing an extra source of capital. Just as importantly, they offer the insurer a different kind of business model. According to G\u00e9rald Harlin, chief financial officer of Axa, \u201cIt is like the originate to distribute model in asset management. It\u2019s a fee business \u2014 it\u2019s structuring risk.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bonds\/\">Bonds<\/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\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/insurance\/\">insurance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"600907\" 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=\"600907\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/feast-your-eyes-on-these-soviet-era-control-rooms\/\">\r\n                            Feast your eyes on these Soviet-era control rooms                        <\/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\/02\/13\/feast-your-eyes-on-these-soviet-era-control-rooms\/\" 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\/02\/13\/feast-your-eyes-on-these-soviet-era-control-rooms\/')\">\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\/02\/13\/feast-your-eyes-on-these-soviet-era-control-rooms\/\">\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=Feast your eyes on these Soviet-era control rooms&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/feast-your-eyes-on-these-soviet-era-control-rooms\/\">\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\/02\/13\/feast-your-eyes-on-these-soviet-era-control-rooms\/&title=Feast your eyes on these Soviet-era control rooms\">\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=Feast+your+eyes+on+these+Soviet-era+control+rooms+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Ffeast-your-eyes-on-these-soviet-era-control-rooms%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\/02\/13\/feast-your-eyes-on-these-soviet-era-control-rooms\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/1\/265.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"600908\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/feast-your-eyes-on-these-soviet-era-control-rooms\/265-jpg-48\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/1\/265.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"265.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/1\/265.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/1\/265.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600907\" class=\"content-area-description single-story post-600907 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day tag-industry tag-photography tag-soviet-union 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-09\"><\/a> <b>You can\u2019t fight in here, this is the war room: <\/b>This has been floating around for a while, but we cannot get enough of this collection of photographs of Soviet-era control rooms, <a href=\"https:\/\/designyoutrust.com\/2018\/01\/vintage-beauty-soviet-control-rooms\/\">via Design You Trust<\/a>. Things we love about these pictures: 1) the buttons, the buttons, the buttons, 2) we have no idea what these control rooms are for, and 3) that chef \/ nurses\u2019 hats were<i> de rigeur<\/i> uniforms for very serious control room personnel.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/industry\/\">industry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/photography\/\">photography<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/soviet-union\/\">Soviet Union<\/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=\"600909\" 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=\"600909\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/all-quiet-on-the-foreign-press-coverage-front-for-egypt\/\">\r\n                            All quiet on the foreign press coverage front for Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/all-quiet-on-the-foreign-press-coverage-front-for-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n  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Egypt&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/all-quiet-on-the-foreign-press-coverage-front-for-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/all-quiet-on-the-foreign-press-coverage-front-for-egypt\/&title=All quiet on the foreign press coverage front for Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=All+quiet+on+the+foreign+press+coverage+front+for+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Fall-quiet-on-the-foreign-press-coverage-front-for-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/all-quiet-on-the-foreign-press-coverage-front-for-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600909\" class=\"content-area-description single-story post-600909 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-abdel-fattah-el-sisi tag-african-union tag-archaeology tag-egypt-in-the-news tag-enterpriseam tag-human-rights tag-judiciary wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>On a blessedly quiet morning for Egypt in the foreign press<\/b>, a headlines worth noting in brief:<\/p>\n<ul>\n<li>Four students were arrested last week after<b> mocking Christian rituals <\/b>in an online video, <a href=\"https:\/\/www.nation.co.ke\/news\/africa\/Egypt-arrests-students-for-mocking-Christianity-online\/1066-4977696-3hnvng\/index.html\">AFP<\/a> reports.<\/li>\n<li><b>Love from Tunis: <\/b>President Abdel Fattah El Sisi has the potential to do a great job in his presidency of the African Union, according to Tunisian President B\u00e9ji Caid Sibsi, who was quoted in the Tunisian newspaper AlChourouk in a story picked up by <a href=\"http:\/\/en.elbalad.news\/2410258\">Sada Elbalad<\/a>.<\/li>\n<li><b>Judicial independence: <\/b>The proposed constitutional amendments could have a negative impact on the judiciary\u2019s independence, <a href=\"https:\/\/www.hrw.org\/news\/2019\/02\/12\/egypt-move-enhance-authoritarian-rule\">Human Rights Watch<\/a> said in a statement yesterday.<\/li>\n<li><b>Ancient workshop: <\/b>Archaeologists have uncovered an ancient workshop in Northern Sinai that was used to build and repair ships in the Ptolemaic Era, reports the <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/archaeologists-discover-ancient-workshop-in-egypts-sinai\/2019\/02\/12\/a579bba0-2ecf-11e9-8781-763619f12cb4_story.html?utm_term=.4256737f3fc4\">Associated Press.<\/a> <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/african-union\/\">African Union<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/archaeology\/\">archaeology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/judiciary\/\">judiciary<\/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=\"600910\" 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=\"600910\">\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\">ON THE FRONT PAGES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/egypts-three-state-owned-dailies-are-still-running-with-african-union-themed-headlines\/\">\r\n                            Egypt\u2019s three state-owned dailies are still running with African Union-themed headlines                        <\/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\/02\/13\/egypts-three-state-owned-dailies-are-still-running-with-african-union-themed-headlines\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/egypts-three-state-owned-dailies-are-still-running-with-african-union-themed-headlines\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600910\" class=\"content-area-description single-story post-600910 post type-post status-publish format-standard hentry category-on-the-front-pages tag-abdel-fattah-el-sisi tag-african-union tag-enterpriseam tag-imf tag-jihad-azour 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>Egypt\u2019s three state-owned dailies are still running with African Union-themed headlines<\/b> on their front pages this morning as President Abdel Fattah El Sisi wraps up his visit to Addis Ababa (<a href=\"http:\/\/www.ahram.org.eg\/News\/202923\/25\/695855\/%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89\/%D9%82%D9%85%D8%A9-%D9%86%D8%A7%D8%AC%D8%AD%D8%A9-%D8%A8%D9%82%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%89-%D8%AA%D8%B6%D8%B9-%D8%A5%D9%81%D8%B1%D9%8A%D9%82%D9%8A%D8%A7-%D8%B9%D9%84%D9%89-%D8%A3%D8%B9%D8%AA%D8%A7%D8%A8-%D8%A7%D9%84%D9%85%D8%B3.aspx\">Al Ahram<\/a> | <a href=\"https:\/\/www.pressreader.com\/egypt\/al-akhbar\">Al Akhbar<\/a> | <a href=\"http:\/\/www.algomhuria.net.eg\/algomhuria\/today\/pdf-big\/\">Al Gomhuria<\/a>). <a href=\"http:\/\/www.ahram.org.eg\/News\/202923\/5\/695822\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%84-%D8%AD%D9%81%D8%B1--%D8%A8%D8%A6%D8%B1%D8%A7-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%A8%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A3%D9%88%D9%84%D9%8A%D8%A9---%D9%85%D9%84.aspx\">Al Ahram<\/a> also features some highlights from the Egypt Petroleum Show, on which we have a full rundown in Speed Round, above, and Al Gomhuria takes note of IMF ME and Central Asia Director Jihad Azour\u2019s seminar at the American University in Cairo yesterday. We have chapter in verse in Speed Round as well.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/african-union\/\">African Union<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/imf\/\">IMF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/jihad-azour\/\">Jihad Azour<\/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=\"600911\" 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=\"600911\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/next-generation-unicorns-doing-things-their-own-way\/\">\r\n                            Next-generation unicorns doing things their own way                        <\/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\/02\/13\/next-generation-unicorns-doing-things-their-own-way\/\" 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\/02\/13\/next-generation-unicorns-doing-things-their-own-way\/')\">\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\/02\/13\/next-generation-unicorns-doing-things-their-own-way\/\">\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=Next-generation unicorns doing things their own way&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/next-generation-unicorns-doing-things-their-own-way\/\">\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\/02\/13\/next-generation-unicorns-doing-things-their-own-way\/&title=Next-generation unicorns doing things their own way\">\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=Next-generation+unicorns+doing+things+their+own+way+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Fnext-generation-unicorns-doing-things-their-own-way%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\/02\/13\/next-generation-unicorns-doing-things-their-own-way\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2624.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"600912\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/next-generation-unicorns-doing-things-their-own-way\/2624-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2624.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2624.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2624.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2624.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600911\" class=\"content-area-description single-story post-600911 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-entrepreneurship tag-investment-watch tag-startups tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Next-generation unicorns are doing things their own way:<\/b> A new generation of tech start-ups hoping to become the world\u2019s next unicorns \u2014 startups that rocket to a USD 1 bn valuation \u2014 are very different from their predecessors,Erin Griffith writes <a href=\"https:\/\/www.nytimes.com\/2019\/02\/10\/technology\/new-wave-unicorn-start-ups.html\">for the NYT<\/a>. Globally, the number of unicorns has soared from 131 in 2015 to 315 today, and the market is changing rapidly. Their growth potential is significant, both because many of the start-ups are adding value to industries such as agriculture and science \u2014 which have been largely underserved and need more software tools to adapt to the tech era \u2014 and because the value of high-momentum companies has already been proven, so investors are always on the hunt for the Next Big Thing.<\/p>\n<p><b>Watch out for these potential unicorns: <\/b><a href=\"https:\/\/www.cbinsights.com\/\">CB Insights<\/a>, a firm that tracks venture capital and start-ups, has identified 50 potential next-generation unicorns, many of which address industry-specific niche areas. Names to keep an eye out for include:<\/p>\n<ul>\n<li><a href=\"https:\/\/benchling.com\/\"><b>Benchling<\/b><\/a> (which allows scientists to keep their records stored in the cloud);<\/li>\n<li><a href=\"https:\/\/www.fbn.com\/\"><b>Farmers Business Network<\/b><\/a> (which provides a mechanism for farmers to share and analyze data about their farms, buy supplies and sell crops);<\/li>\n<li><a href=\"https:\/\/www.faire.com\/\"><b>Faire<\/b><\/a> (an online marketplace where local boutiques and vendors buy and sell wholesale goods).<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/entrepreneurship\/\">entrepreneurship<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"600913\" 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=\"600913\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/eetc-signs-le-188-mn-agreement-for-transformer-station\/\">\r\n                            EETC signs LE 188 mn agreement for transformer station                        <\/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-600913\" class=\"content-area-description single-story post-600913 post type-post status-publish format-standard hentry category-energy tag-electricity tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Electricity Transmission Company has signed a EGP 188 mn agreement with EGEMAC for the construction of a transformer stationin Samannoud, EETC head Sabah Mashaly said, <a href=\"https:\/\/www.almalnews.com\/Story\/410834\/59\/%D8%A8%D8%AA%D9%83%D9%84%D9%81%D8%A9-188-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87----%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1--%D8%AA%D9%88%D9%82%D8%B9-%D8%B9%D9%82%D8%AF-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D8%AD%D8%B7%D8%A9\">according to Al Mal.<\/a> The transformer station will service increased demand in the delta region, and is expected to take a year to complete.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/electricity\/\">electricity<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"600914\" 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=\"600914\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/sodics-land-has-no-real-exposure-to-presidential-decree\/\">\r\n                            SODIC\u2019s land has no real exposure to presidential decree                        <\/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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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=SODIC%E2%80%99s+land+has+no+real+exposure+to+presidential+decree+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Fsodics-land-has-no-real-exposure-to-presidential-decree%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\/02\/13\/sodics-land-has-no-real-exposure-to-presidential-decree\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600914\" class=\"content-area-description single-story post-600914 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate tag-real-estate-housing tag-sodic wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Real estate developer SODIC\u2019s total land bank currently sits at 15.9 mn sqm, the company said, <a href=\"https:\/\/www.almalnews.com\/Story\/410799\/11\/%D8%B3%D9%88%D8%AF%D9%8A%D9%83-%D9%86%D8%AA%D9%85%D9%84%D9%83-9-7-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%85%D8%AA%D8%B1-%D8%A3%D8%B1%D8%A7%D8%B6-%D9%88%D9%84%D9%86-%D9%86%D8%AA%D8%A3%D8%AB%D8%B1-%D8%A8%D8%A7%D9%84%D9%82%D8%B1%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84\">according to Al Mal<\/a>. The total land under SODIC\u2019s belt includes 6.2 mn sqm of coastal or highway-neighboring land, but the company noted that a recent presidential decree regulating such plots has had no effect on its holdings.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sodic\/\">SODIC<\/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=\"600915\" 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=\"600915\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/gti-tourism-to-operate-new-flights-to-hurghada-from-the-balkans\/\">\r\n                            GTI tourism to operate new flights to Hurghada from the Balkans                        <\/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\/02\/13\/gti-tourism-to-operate-new-flights-to-hurghada-from-the-balkans\/\" 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\/02\/13\/gti-tourism-to-operate-new-flights-to-hurghada-from-the-balkans\/')\">\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\/02\/13\/gti-tourism-to-operate-new-flights-to-hurghada-from-the-balkans\/\">\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=GTI tourism to operate new flights to Hurghada from the Balkans&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/gti-tourism-to-operate-new-flights-to-hurghada-from-the-balkans\/\">\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\/02\/13\/gti-tourism-to-operate-new-flights-to-hurghada-from-the-balkans\/&title=GTI tourism to operate new flights to Hurghada from the Balkans\">\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=GTI+tourism+to+operate+new+flights+to+Hurghada+from+the+Balkans+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Fgti-tourism-to-operate-new-flights-to-hurghada-from-the-balkans%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\/02\/13\/gti-tourism-to-operate-new-flights-to-hurghada-from-the-balkans\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600915\" class=\"content-area-description single-story post-600915 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-hurghada tag-macedonia tag-sharm-el-sheikh tag-slovenia tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Global Travel International will begin operating weekly flights to Hurghada from Slovenia and Macedoniastarting June, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=12022019&id=0c38a642-c6e7-4892-81a2-0c58900ec62b\">according to Al Shorouk.<\/a> Discussions are also underway to link Sharm El Sheikh and Macedonia, but no agreement has been reached yet.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hurghada\/\">Hurghada<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/macedonia\/\">Macedonia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sharm-el-sheikh\/\">Sharm El Sheikh<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/slovenia\/\">Slovenia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"600916\" 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=\"600916\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/orange-telecom-egypt-sign-agreement-to-provide-high-speed-bitstream-services\/\">\r\n                            Orange, Telecom Egypt sign agreement to provide high-speed bitstream services                        <\/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\/02\/13\/orange-telecom-egypt-sign-agreement-to-provide-high-speed-bitstream-services\/\" 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\/02\/13\/orange-telecom-egypt-sign-agreement-to-provide-high-speed-bitstream-services\/')\">\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\/02\/13\/orange-telecom-egypt-sign-agreement-to-provide-high-speed-bitstream-services\/\">\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=Orange, Telecom Egypt sign agreement to provide high-speed bitstream services&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/orange-telecom-egypt-sign-agreement-to-provide-high-speed-bitstream-services\/\">\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\/02\/13\/orange-telecom-egypt-sign-agreement-to-provide-high-speed-bitstream-services\/&title=Orange, Telecom Egypt sign agreement to provide high-speed bitstream services\">\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=Orange%2C+Telecom+Egypt+sign+agreement+to+provide+high-speed+bitstream+services+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Forange-telecom-egypt-sign-agreement-to-provide-high-speed-bitstream-services%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\/02\/13\/orange-telecom-egypt-sign-agreement-to-provide-high-speed-bitstream-services\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600916\" class=\"content-area-description single-story post-600916 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-orange-egypt tag-telecom-egypt tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Orange Data signed on Tuesday an agreement with Telecom Egypt to provide high-speed bitstream services to their customers, which would increase the maximum internet speed to 100 Mbps from 16 Mbps, according to a<a href=\"http:\/\/ir.te.eg\/en\/CorporateNews\/PressRelease\/91\/Telecom-Egypt-signs-agreement-with-Orange-Data-to-provide-high-speed-bitstream-services\">press release<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orange-egypt\/\">Orange Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecom-egypt\/\">Telecom Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/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=\"600917\" 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=\"600917\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/\">\r\n                            Uber raises fares to offset anticipated implementation of VAT                        <\/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\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/\" 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\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/')\">\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\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/\">\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=Uber raises fares to offset anticipated implementation of VAT&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/\">\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\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/&title=Uber raises fares to offset anticipated implementation of VAT\">\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=Uber+raises+fares+to+offset+anticipated+implementation+of+VAT+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Fuber-raises-fares-to-offset-anticipated-implementation-of-vat%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\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600917\" class=\"content-area-description single-story post-600917 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam tag-ride-hailing tag-ride-hailing-apps-act tag-tax tag-uber wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> Ride-hailing app Uber has decided to raise its fares to offset inflation, an increase in its drivers\u2019 fees, and the upcoming implementation of the 14% value-added tax (VAT) on its operations, according to <a href=\"https:\/\/ent.news\/2019\/2\/2237.pdf\">an emailed statement (pdf)<\/a>. The Ride-Hailing Apps Act, which passed the House of Representatives in its controversial final form in May of last year, did not impose VAT on ride-hailing companies. A source from the committee drafting the executive regulations to the law had said earlier this year that the regulations would introduce a new levy of EGP 2-5 per trip, so it is likely that the regulations would also introduce the VAT.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ride-hailing\/\">ride-hailing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ride-hailing-apps-act\/\">Ride-hailing Apps Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax\/\">tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uber\/\">Uber<\/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=\"600918\" 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=\"600918\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/oih-prism-jv-agrees-to-negotiate-settlement-for-sound-and-light-show-failure\/\">\r\n                            OIH-Prism JV agrees to negotiate settlement for sound and light show failure                        <\/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\/02\/13\/oih-prism-jv-agrees-to-negotiate-settlement-for-sound-and-light-show-failure\/\" 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\/02\/13\/oih-prism-jv-agrees-to-negotiate-settlement-for-sound-and-light-show-failure\/')\">\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\/02\/13\/oih-prism-jv-agrees-to-negotiate-settlement-for-sound-and-light-show-failure\/\">\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=OIH-Prism JV agrees to negotiate settlement for sound and light show failure&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/oih-prism-jv-agrees-to-negotiate-settlement-for-sound-and-light-show-failure\/\">\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\/02\/13\/oih-prism-jv-agrees-to-negotiate-settlement-for-sound-and-light-show-failure\/&title=OIH-Prism JV agrees to negotiate settlement for sound and light show failure\">\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=OIH-Prism+JV+agrees+to+negotiate+settlement+for+sound+and+light+show+failure+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Foih-prism-jv-agrees-to-negotiate-settlement-for-sound-and-light-show-failure%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\/02\/13\/oih-prism-jv-agrees-to-negotiate-settlement-for-sound-and-light-show-failure\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600918\" class=\"content-area-description single-story post-600918 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-development tag-enterpriseam tag-law tag-other-business-news-of-note tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/03\/somethings-going-on-out-by-the-pyramids-but-we-cant-quite-put-our-finger-on-it\/\">A JV<\/a> between Orascom Investment Holding (OIH) and Prism International has agreed to negotiate a settlement with the Sound and Light Cinema Company (SLCC) for last year\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/19\/slcc-annulls-usd-10-mn-giza-plateau-development-contract-with-oih\/\">contractual annulment<\/a>, SLCC Chairman Sameh Saad said, <a href=\"https:\/\/www.almalnews.com\/Story\/410733\/15\/%C2%AB%D8%A3%D9%88%D8%B1%D8%A7%D8%B3%D9%83%D9%88%D9%85-%D8%A8%D8%B1%D9%8A%D8%B2%D9%85%C2%BB-%D8%AA%D9%88%D8%A7%D9%81%D9%82-%D9%85%D8%A8%D8%AF%D8%A6%D9%8A%D9%8B%D8%A7-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%AA%D8%B5%D8%A7%D9%84%D8%AD-%D9%81%D9%89-%D9%86%D8%B2%D8%A7%D8%B9-%C2%AB%D8%A7%D9%84%D8%B5%D9%88%D8%AA-%D9%88%D8%A7%D9%84%D8%B6%D9%88%D8%A1-%C2%BB\">according to Al Mal<\/a>. SLCC contracted the JV to develop and run the sound and light show, but the latter allegedly failed to uphold contractual obligations. The state-owned company is seeking a total of EGP 200 mn in damages \u2014 EGP 100 mn from Prism for an earlier contract involving Saudi\u2019s City Stars Properties, and a further EGP 100 mn from the OIH-Prism JV. Both Prism and OIH are planning to participate separately in a tender relaunch of the project after the settlement.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"600920\" 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=\"600920\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/egyptian-ali-farag-tops-world-squash-rankings\/\">\r\n                            Egyptian Ali Farag tops world squash rankings                        <\/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\/02\/13\/egyptian-ali-farag-tops-world-squash-rankings\/\" 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\/02\/13\/egyptian-ali-farag-tops-world-squash-rankings\/')\">\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\/02\/13\/egyptian-ali-farag-tops-world-squash-rankings\/\">\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=Egyptian Ali Farag tops world squash rankings&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/egyptian-ali-farag-tops-world-squash-rankings\/\">\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\/02\/13\/egyptian-ali-farag-tops-world-squash-rankings\/&title=Egyptian Ali Farag tops world squash rankings\">\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=Egyptian+Ali+Farag+tops+world+squash+rankings+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Fegyptian-ali-farag-tops-world-squash-rankings%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\/02\/13\/egyptian-ali-farag-tops-world-squash-rankings\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600920\" class=\"content-area-description single-story post-600920 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egyptian squash player Ali Farag has cracked into the number one spot in the <a href=\"https:\/\/psaworldtour.com\/rankings\/world_tour\">PSA world squash rankings<\/a> for the first time in his career, edging out fellow Egyptian Mohamed El Shorbagy on 1 March after his <a href=\"http:\/\/www.worldsquash.org\/ws\/news\/35030\">victory at the J.P. Morgan Tournament of Champions<\/a> in New York.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"600921\" 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=\"600921\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/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\/02\/13\/first-startegypt-forum-introduces-young-entrepreneurs-to-investors-mentors\/\">\r\n                            First StartEgypt forum introduces young entrepreneurs to investors, mentors                        <\/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\/02\/13\/first-startegypt-forum-introduces-young-entrepreneurs-to-investors-mentors\/\" 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\/02\/13\/first-startegypt-forum-introduces-young-entrepreneurs-to-investors-mentors\/')\">\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\/02\/13\/first-startegypt-forum-introduces-young-entrepreneurs-to-investors-mentors\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=First StartEgypt forum introduces young entrepreneurs to investors, mentors&url=https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/first-startegypt-forum-introduces-young-entrepreneurs-to-investors-mentors\/\">\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\/02\/13\/first-startegypt-forum-introduces-young-entrepreneurs-to-investors-mentors\/&title=First StartEgypt forum introduces young entrepreneurs to investors, mentors\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=First+StartEgypt+forum+introduces+young+entrepreneurs+to+investors%2C+mentors+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F02%2F13%2Ffirst-startegypt-forum-introduces-young-entrepreneurs-to-investors-mentors%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\/02\/13\/first-startegypt-forum-introduces-young-entrepreneurs-to-investors-mentors\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/183.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"600922\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/first-startegypt-forum-introduces-young-entrepreneurs-to-investors-mentors\/183-jpg-23\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/183.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"183.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/183.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/183.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600921\" class=\"content-area-description single-story post-600921 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam tag-entrepreneurship tag-investment-watch tag-startups wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>First StartEgypt forum introduces young entrepreneurs to investors, mentors:<\/b> <a href=\"http:\/\/www.startegypt.com\/ar\">StartEgypt<\/a>, a pre-acceleration incubation program targeting young Egyptian entrepreneurs working in fields of social impact, held its first forum event on Monday, according to a <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/02\/StartEgypt-press-release.pdf\">press release<\/a> from the British Embassy. The event showcased 27 startups \u2014 whittled down from some 1,200 applications \u2014 from their first incubation cycle in 2018, and gave them the opportunity to present their ideas to investors, mentors and other stakeholders. Funded by the British Embassy in Cairo, the forum is supported by the International Finance Corporation and powered by Flat6Labs.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/entrepreneurship\/\">entrepreneurship<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startups\/\">startups<\/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=\"600923\" 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=\"600923\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/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\/02\/13\/the-market-yesterday-407\/\">\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\/02\/13\/the-market-yesterday-407\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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CIB, the index heaviest constituent ended up 1.2%. EGX30\u2019s top performing constituents were Palm Hills up 2.8%, Ezz Steel up 2.3%, and El Sewedy Electric up 2.3%. Yesterday\u2019s worst performing stocks were Arab Cotton Ginning down 2.9%, Sarwa Capital Holding down 1.2% and KIMA down 1.1%. The market turnover was EGP 1.2 bn, and foreign investors were the sole net sellers.<\/p>\n<p><b>Foreigners<\/b>: Net Short | EGP -47.7 mn<br \/>\n <b>Regional<\/b>: Net Long | EGP +20.5 mn<br \/>\n <b>Domestic<\/b>: Net Long | EGP +27.2 mn<\/p>\n<p><b>Retail<\/b>: 60.0% of total trades | 56.2% of buyers | 63.7% of sellers<br \/>\n <b>Institutions<\/b>: 40.0% of total trades | 43.8% of buyers |36.3% of sellers<\/p>\n<p><b>WTI:<\/b> USD 53.34 (+1.77%)<br \/>\n <b>Brent:<\/b> USD 62.57 (+1.72%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.67 MMBtu, (+0.95%, Mar 2019)<br \/>\n <b>Gold:<\/b> USD 1,314.20 \/ troy ounce (+0.18%)<\/p>\n<p><b>TASI:<\/b> 8,600.32 (+0.67%) (YTD: +9.88%)<br \/>\n <b>ADX:<\/b> 5,024.50 (-0.44%) (YTD: +2.23%)<br \/>\n <b>DFM:<\/b> 2,484.80 (-0.46%) (YTD: -1.78%)<br \/>\n <b>KSE Premier Market:<\/b> 5,504.21 (+0.87%)<br \/>\n <b>QE:<\/b> 10,302.41 (-1.33%) (YTD: +0.03%)<br \/>\n <b>MSM:<\/b> 4,124.79 (-0.40%) (YTD: -4.60%)<br \/>\n <b>BB: <\/b>1,389.45 (-0.66%) (YTD: +3.90%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"600924\" 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\/02\/13\/600924\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-600924\" class=\"content-area-description single-story post-600924 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>11-13 February (Monday-Wednesday): Renaissance Capital Egypt Investor Trip, Cairo.<\/p>\n<p>11-13 February (Monday-Wednesday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egyptian International Exhibition Center, Cairo.<\/p>\n<p>14 February (Thursday): Central Bank of Egypt\u2019s monetary policy committee meets to review interest rates.<\/p>\n<p>19 February (Tuesday): Cairo Economic Court to deliver decision on pharma distributors appeal, Egypt.<\/p>\n<p>19-20 February (Tuesday-Wednesday): The <a href=\"https:\/\/www.terrapinn.com\/exhibition\/solar-show-mena\/index.stm\">Solar Show MENA 2019<\/a>, Nile Ritz Carlton Hotel, Cairo, Egypt.<\/p>\n<p>23 February (Saturday): The Supreme Administrative Court <a href=\"https:\/\/almalnews.com\/Story\/408525\/17\/%D8%AA%D8%A3%D8%AC%D9%8A%D9%84-%D8%A7%D9%84%D8%AD%D9%83%D9%85-%D9%81%D9%8A-%D8%B7%D8%B9%D9%86-%D8%A3%D9%88%D8%A8%D8%B1-%D9%88%D9%83%D8%B1%D9%8A%D9%85-%D8%A5%D9%84%D9%89-23-%D9%81%D8%A8%D8%B1%D8%A7%D9%8A%D8%B1\">will rule<\/a> in an appeal <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/28\/uber-careem-appeal-administrative-court-ruling-ordering-their-closure\/\">by Uber and its competitor Careem<\/a> against a lower court ruling ordering the suspension of their operations.<\/p>\n<p>24-25 February (Sunday-Monday): EU-Arab League summit, Sharm El-Sheikh, Egypt<\/p>\n<p>26-28 February (Tuesday-Thursday): 22nd International Conference on Petroleum Mineral<\/p>\n<p>Resources and Development, Egyptian Petroleum Research Institute, Nasr City, Cairo, Egypt.<\/p>\n<p>03-06 March (Sunday-Wednesday): EFG Hermes One-on-One Conference, Dubai.<\/p>\n<p>10 March (Sunday): CIB <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/226095_2.pdf\">to hold EGM meeting<\/a> to look into planned capital increase.<\/p>\n<p>March (date TBD): <a href=\"https:\/\/egypt.tradersfair.com\/\">Traders Fair<\/a>, Nile Ritz Carlton, Cairo, Egypt.<\/p>\n<p>17 March (Sunday): A court <a href=\"https:\/\/alborsaanews.com\/2019\/02\/04\/1174960\">will look into<\/a> a lawsuit by a subsidiary of Arabian Investments, Development and Financial Investment Holding Co. (AIND) against Peugeot Citroen, seeking EUR 150 mn in damages.<\/p>\n<p>17-18 March (Sunday-Monday): OPEC Joint Ministerial Monitoring Committee meeting, Baku (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-01-14\/opec-leaves-market-guessing-as-it-struggles-to-set-meeting-date\">Bloomberg<\/a>)<\/p>\n<p>18-19 March (Monday-Tuesday): US Federal Open Market Committee holds two-day policy meeting to review the interest rate.<\/p>\n<p>27-30 March (Wednesday-Saturday): <a href=\"https:\/\/www.cityscapeegypt.com\/en\/Home.html\">Cityscape Egypt 2019<\/a>, Egypt International Exhibition Center, Nasr City Cairo.<\/p>\n<p>28 March (Thursday): Central Bank of Egypt\u2019s monetary policy committee meets to review interest rate.<\/p>\n<p>April: The African Tripartite Trade Area (<a href=\"https:\/\/en.wikipedia.org\/wiki\/Tripartite_Free_Trade_Area\">TFTA<\/a>) agreement is set to take effect in April after a majority from the participating governments ratified it, COMESA Secretary General Chileshe Kapwepwe <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=12122018&id=fa6e13de-e3be-48fc-a76d-b65af91f3545\">according to Al Shorouk<\/a>.<\/p>\n<p>April: The EUR 250 mn first phase of Egypt\u2019s national waste management program kicks off.<\/p>\n<p>17-18 April (Wednesday-Thursday): OPEC+ meeting, Vienna (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-01-14\/opec-leaves-market-guessing-as-it-struggles-to-set-meeting-date\">Bloomberg<\/a>)<\/p>\n<p>20-22 April (Friday-Sunday): Spring meetings of the World Bank and International Monetary Fund, Washington, DC.<\/p>\n<p>25 April (Thursday): Sinai Liberation day, national holiday.<\/p>\n<p>28 April (Sunday): Easter Sunday, national holiday.<\/p>\n<p>29 April (Monday): Easter Monday, national holiday.<\/p>\n<p>30 April-1 March (Tuesday-Wednesday): US Federal Open Market Committee holds two-day policy meeting to review the interest rate.<\/p>\n<p>01 May (Wednesday): Labor Day, national holiday.<\/p>\n<p>06 May (Monday): First day of Ramadan (TBC).<\/p>\n<p>23 May (Thursday): Central Bank of Egypt\u2019s monetary policy committee meets to review interest rate.<\/p>\n<p>June: International Forum for small and medium enterprises (SMEs).<\/p>\n<p>05-06 June (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n<p>18-19 June (Tuesday-Wednesday): US Federal Open Market Committee holds two-day policy meeting to review the interest rate.<\/p>\n<p>30 June (Sunday): June 2013 protests, national holiday.<\/p>\n<p>11 July (Thursday): Central Bank of Egypt\u2019s monetary policy committee meets to review interest rate.<\/p>\n<p>23 July (Tuesday): 23 July revolution, national holiday.<\/p>\n<p>30-31 July (Tuesday-Wednesday): US Federal Open Market Committee holds two-day policy meeting to review the interest rate.<\/p>\n<p>7-11 August (Wednesday-Sunday) Eid El Adha (TBC).<\/p>\n<p>22 August (Thursday): Central Bank of Egypt\u2019s monetary policy committee meets to review interest rate.<\/p>\n<p>29 August (Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>17-18 September (Tuesday-Wednesday): US Federal Open Market Committee holds two-day policy meeting to review the interest rate.<\/p>\n<p>26 September (Thursday): Central Bank of Egypt\u2019s monetary policy committee meets to review interest rate.<\/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, Cairo, Egypt.<\/p>\n<p>29-30 October (Tuesday-Wednesday): US Federal Open Market Committee holds two-day policy meeting to review the interest rate.<\/p>\n<p>9 November (Saturday): Prophet Mohammed's birthday, national holiday.<\/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>10-11 December (Tuesday-Wednesday): US Federal Open Market Committee holds two-day policy meeting to review the interest rate.<\/p>\n<p>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee meets to review interest rate.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    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