{"id":601845,"date":"2019-03-12T03:54:14","date_gmt":"2019-03-12T03:54:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=601845"},"modified":"2025-12-16T22:27:40","modified_gmt":"2025-12-16T22:27:40","slug":"the-house-will-consider-making-healthcare-tithe-tax-deductible","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/the-house-will-consider-making-healthcare-tithe-tax-deductible\/","title":{"rendered":"The House will consider making healthcare tithe tax-deductible"},"content":{"rendered":"<section id=\"601847\" 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=\"601847\">\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\/03\/12\/what-were-tracking-on-12-march-2019\/\">\r\n                            What we\u2019re tracking on 12 March 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\/03\/12\/what-were-tracking-on-12-march-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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The US-based fund\u2019s assets under management rose to its highest level since August, reaching USD 52 mn. \u201cAfter the stellar week for the VanEck fund, Egypt ranked first on a list compiled by Bloomberg that tracks ETF flows to different countries globally.\u201d (You can lean more about ETFs in general <a href=\"https:\/\/www.fool.com\/knowledge-center\/what-are-exchange-traded-funds.aspx\">here<\/a>.)<\/p><p class=\"web-image\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-11\/egypt-focused-stock-etf-has-biggest-weekly-inflow-since-2014\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1000.png?ssl=1\"><\/a><\/p><p><b>Algerian President Abdelaziz Bouteflika will not seek a fifth term in office. <\/b>The ailing, 82-year-old president\u2019s hand appears to have been forced after generally peaceful protests expanded to include a strike in the country\u2019s critical (and sprawling) state-owned petroleum sector. Elections originally scheduled for 18 April have been postponed as Bouteflika \u201csignalled his intention to preside over a transition that would include a national conference to debate political and economic reforms, draft a new constitution and set the date of a presidential election before the end of the year. The constitution would be submitted to a popular referendum.\u201d Ring any bells? There\u2019s plenty more on <a href=\"https:\/\/www.reuters.com\/article\/us-algeria-protests-judges\/algerias-bouteflika-abandons-re-election-bid-after-weeks-of-protest-idUSKBN1QS10N\">Reuters<\/a>, the <a href=\"https:\/\/www.ft.com\/content\/5956c27c-4419-11e9-a965-23d669740bfb\">FT<\/a>, <a href=\"https:\/\/www.washingtonpost.com\/world\/algerias-president-will-not-run-for-fifth-term-after-mass-protests-demanding-he-step-aside\/2019\/03\/11\/644adb24-4427-11e9-94ab-d2dda3c0df52_story.html\">Washington Post<\/a> and <a href=\"https:\/\/www.nytimes.com\/2019\/03\/11\/world\/africa\/algeria-president-election.html\">New York Times<\/a>.<\/p><hr class=\"grey-line\"><p><b>The Donald has put forward a record USD 4.75 tn budget for the 2020 financial year. <\/b>The plans would see spending increases in defense and national security and bring the axe down on environmental spending and foreign aid. Also up for cuts: Earmarks to support health, education and transportation. Notably, the budget would increase government spending on small businesses by 17%. <a href=\"https:\/\/www.nytimes.com\/2019\/03\/11\/us\/politics\/trump-budget.html\">The NYT has more<\/a>.<\/p><p><b>The document hints that US military aid to Egypt would remain intact, <\/b>stating that it \u201cfully supports the US diplomatic and security partnership in Egypt.\u201d The US earmarks about USD 1.3 bn in military aid for Egypt each year. The US earmarked <a href=\"https:\/\/fas.org\/sgp\/crs\/mideast\/RL33003.pdf\">about USD 1.381 bn<\/a> in aid (military and economic) to Egypt for FY2019, down from USD 1.419 bn the year before.<\/p><p><b>Trump\u2019s budget is not likely to pass though:<\/b> The <a href=\"https:\/\/www.wsj.com\/articles\/white-house-proposes-4-7-trillion-budget-for-fiscal-2020-11552319265\">WSJ<\/a> reminds us that Congress has ultimate authority over drafting and amending the federal fiscal budget. And with the response from House Democrats being far from welcoming, the budget may well result in <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-08\/trump-s-plan-for-slashing-budget-to-set-off-battle-in-congress\">another government shutdown<\/a> later this year. For a bit of light reading, <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/03\/US-FY2020-budget.pdf\">we\u2019ve attached the budget here for your reading pleasure<\/a>.<\/p><hr class=\"grey-line\"><p><b>The world\u2019s largest oil and gas giants now seek diversified portfolios, combining projects that pay back quickly<\/b> with larger, more traditional projects, allowing them to be more responsive to price fluctuations, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-10\/oil-s-big-reset-energy-majors-learn-to-thrive-after-price-crash\">Bloomberg<\/a> reports. The approach has allowed them to emerge stronger from the late-2014 fall in energy prices and regain profitability.<\/p><p><b>Good news for Egypt as well:<\/b> While investments had already been made in natural gas before the price fall, its value since then has only increased, with one BP executive now calling it \u201cthe fastest growing hydrocarbon\u201d and \u201cthe future.\u201d<\/p><p><b>In miscellany worth knowing this morning:<\/b><\/p><p><b>Turkey has fallen into recession for the first time in a decade<\/b>, with official data released on Monday recording a 3% y-o-y slump at the end of 4Q2018. Full-year GDP growth was down to 2.6% in 2018 from 7.4% in 2017. A \u201ccollapse\u201d in the lira following last summer\u2019s tension between Ankara and Washington and the subsequent raising of interest rates to 24% triggered the crisis, according to the <a href=\"https:\/\/www.ft.com\/content\/92818e7c-43c6-11e9-b168-96a37d002cd3\">Financial Times<\/a> and <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-10\/debt-catches-up-with-turkey-as-recession-ends-boom-and-bust-run?srnd=premium-middle-east\">Bloomberg<\/a>.<\/p><p><b>The position of Egypt-backed Libyan military commander Gen. Khalifa Haftar has been strengthened<\/b> by a successful recent offensive in the south-west, the <a href=\"https:\/\/www.theguardian.com\/world\/2019\/mar\/11\/libya-khalifa-haftar-gains-control-of-majority-of-country-onshore-oil-fields\">Guardian reports<\/a>. Haftar now controls two-thirds of the country, including most border crossings and key oil installations, and is more able to dictate the terms of a peace settlement to his rival Fayez al-Sarraj.<\/p><p><b>Apple is expected to announce a subscription-based streaming TV service <\/b>at a press event on 25 March, <a href=\"https:\/\/www.theverge.com\/2019\/3\/11\/18260515\/apple-tv-service-march-25th-event-streaming-announcement-invitation\">the Verge<\/a> reports. <a href=\"https:\/\/www.reuters.com\/article\/us-apple-television\/apple-says-its-show-time-march-25-tv-service-announcement-expected-idUSKBN1QS2HB\">Reuters<\/a> also has the story.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdelaziz-bouteflika\/\">Abdelaziz Bouteflika<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/khalifa-haftar\/\">Khalifa Haftar<\/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\/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=\"601848\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div 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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-9wujal4\" data-v=\"4\" data-block-id=\"9wujal4\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-9wujal4-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-9wujal4-inner-blocks\">\r\n            <div 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class=\"stk-block-content stk-inner-blocks stk-6t2am0x-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-zd80vam\" data-v=\"4\" data-block-id=\"zd80vam\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-zd80vam-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-zd80vam-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div 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Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/econ-and-business-lead-discussions-on-the-airwaves-last-night\/\">\r\n                            Econ and business lead discussions on the airwaves last night                        <\/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\/03\/12\/econ-and-business-lead-discussions-on-the-airwaves-last-night\/\" 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\/03\/12\/econ-and-business-lead-discussions-on-the-airwaves-last-night\/')\">\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\/03\/12\/econ-and-business-lead-discussions-on-the-airwaves-last-night\/\">\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=Econ and business lead discussions on the airwaves last night&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/econ-and-business-lead-discussions-on-the-airwaves-last-night\/\">\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\/03\/12\/econ-and-business-lead-discussions-on-the-airwaves-last-night\/&title=Econ and business lead discussions on the airwaves last night\">\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=Econ+and+business+lead+discussions+on+the+airwaves+last+night+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fecon-and-business-lead-discussions-on-the-airwaves-last-night%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\/03\/12\/econ-and-business-lead-discussions-on-the-airwaves-last-night\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601849\" class=\"content-area-description single-story post-601849 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-development tag-employment tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-gdp wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Topping the airwaves last night: <\/b>After being sworn in yesterday, newly-appointed Transport Minister Kamel El Wazir sat with President Abdel Fattah El Sisi to discuss plans for the nation\u2019s railways <a href=\"https:\/\/www.youtube.com\/watch?v=jcLnLNFmDzQ\">(watch, runtime: 01:29)<\/a>, <a href=\"https:\/\/www.youtube.com\/watch?v=Rj_QQ-ILWc0\">(watch, runtime: 02:16)<\/a>, and <a href=\"https:\/\/www.youtube.com\/watch?v=inBvAUV_r3A\">(watch, runtime: 01:12)<\/a>.<\/p>\n<p><b>Unemployment is down to 8.9% and GDP growth was at 5.4% in the first half of FY 2018-19<\/b>, according to official data <a href=\"https:\/\/www.youtube.com\/watch?v=75SMfVadJYI\">(watch, runtime: 01:22)<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=rTrWC8g6peI\">(watch, runtime: 08:06)<\/a>. Meanwhile, the country has seen 1,133 new projects launch with investment of USD 17 bn in the same period <a href=\"https:\/\/www.youtube.com\/watch?v=70peoyWagJk\">(watch, runtime: 03:29)<\/a>.<\/p>\n<p><b>Inflows to the VanEck Vectors Egypt Index ETF<\/b> made the airwaves last night<a href=\"https:\/\/www.youtube.com\/watch?v=67EKXHoLRR8\">(watch, runtime: 00:54)<\/a> as the talking heads picked up the <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-11\/egypt-focused-stock-etf-has-biggest-weekly-inflow-since-2014\">Bloomberg report<\/a> we note above.<\/p>\n<p><b>An industrial complex in Aswan is creating jobs for local residents<\/b>, El Hekaya\u2019s Amr Adib said in a spotlight on the national project <a href=\"https:\/\/www.youtube.com\/watch?v=EmOOISA3e78\">(watch, runtime: 03:41)<\/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\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/employment\/\">employment<\/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\/gdp\/\">GDP<\/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=\"601850\" 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=\"601850\">\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\/03\/12\/egypt-parliament-looking-to-make-0-25-healthcare-tithe-tax-deductible\/\">\r\n                            Egypt parliament looking to make 0.25% healthcare tithe tax-deductible                        <\/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\/03\/12\/egypt-parliament-looking-to-make-0-25-healthcare-tithe-tax-deductible\/\" 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\/03\/12\/egypt-parliament-looking-to-make-0-25-healthcare-tithe-tax-deductible\/')\">\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\/03\/12\/egypt-parliament-looking-to-make-0-25-healthcare-tithe-tax-deductible\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt parliament looking to make 0.25% healthcare tithe tax-deductible&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-parliament-looking-to-make-0-25-healthcare-tithe-tax-deductible\/\">\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\/03\/12\/egypt-parliament-looking-to-make-0-25-healthcare-tithe-tax-deductible\/&title=Egypt parliament looking to make 0.25% healthcare tithe tax-deductible\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+parliament+looking+to+make+0.25%25+healthcare+tithe+tax-deductible+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fegypt-parliament-looking-to-make-0-25-healthcare-tithe-tax-deductible%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\/03\/12\/egypt-parliament-looking-to-make-0-25-healthcare-tithe-tax-deductible\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2118.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"601851\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-parliament-looking-to-make-0-25-healthcare-tithe-tax-deductible\/2118-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2118.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2118.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2118.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2118.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601850\" class=\"content-area-description single-story post-601850 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-enterpriseam tag-healthcare tag-house-of-representatives tag-legislation tag-speed-round tag-tax tag-universal-healthcare-act wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <b>LEGISLATION WATCH- House looking to make 0.25% healthcare tithe tax-deductible:<\/b> The House of Representatives is set to discuss within the next few days amendments proposed by Rep. Mohamed El Sewedy that would make tax-deductible the 0.25% tithe on revenues that companies are required to pay to finance the new national healthcare system, <a href=\"https:\/\/www.alborsaanews.com\/2019\/03\/11\/1185272\">according to local media reports<\/a>. The bill would also, if passed, add a clause to the Income Tax Act reflecting this change. The House planning, budgeting and health committees are expected to meet soon to review the proposed amendments, according to unnamed parliamentary sources.<\/p>\n<p><b>Reminder \u2014 the tithe is 0.25%, not 0.0025%:<\/b> The Finance Ministry confirmed to Enterprise <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/12\/we-break-down-the-taxes-under-the-universal-healthcare-act-and-their-timings\/\">earlier this year<\/a> that the taxman will take EGP 2.5 out of every EGP 1,000 in sales revenues. The tax rate that originally ran in the Official Gazette was incorrect, and the ministry has since issued a correction.<\/p>\n<p><b>Background:<\/b> The state\u2019s EGP 600 bn health insurance plan mandated under the Universal Healthcare Act will be rolled out incrementally throughout Egypt over the course of 11-13 years, but the Finance Ministry is expected to start collecting special taxes (including the 0.25% tithe) designed to fund the scheme during the current fiscal years. As it stands, all companies are to pay the 0.25% flat tax on revenues this year except under certain circumstances and in some sectors, a senior government source <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/16\/what-were-tracking-on-16-january-2019\/\">told Enterprise in January<\/a>, and <b>as it stands the 0.25% levy does not count as an expense that would reduce a company\u2019s pre-tax profit. <\/b>The Finance Ministry will set a tax formula for outliers on a case-by-case basis. Among those eligible for some relief for the tax are companies making losses, joint venture projects, and services or commissions in which both a client and service providers make shared revenues from the same project or activity.<\/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\/healthcare\/\">healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax\/\">tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/universal-healthcare-act\/\">Universal Healthcare Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"601865\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"601866\" 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=\"601866\">\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\">COFFEE WITH ENTERPRISE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/coffee-with-mohamed-abou-ghaly-ceo-abou-ghaly-motors\/\">\r\n                            Coffee with Mohamed Abou Ghaly, CEO, Abou Ghaly Motors                        <\/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\/03\/12\/coffee-with-mohamed-abou-ghaly-ceo-abou-ghaly-motors\/\" 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\/03\/12\/coffee-with-mohamed-abou-ghaly-ceo-abou-ghaly-motors\/')\">\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\/03\/12\/coffee-with-mohamed-abou-ghaly-ceo-abou-ghaly-motors\/\">\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=Coffee with Mohamed Abou Ghaly, CEO, Abou Ghaly Motors&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/coffee-with-mohamed-abou-ghaly-ceo-abou-ghaly-motors\/\">\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\/03\/12\/coffee-with-mohamed-abou-ghaly-ceo-abou-ghaly-motors\/&title=Coffee with Mohamed Abou Ghaly, CEO, Abou Ghaly Motors\">\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=Coffee+with+Mohamed+Abou+Ghaly%2C+CEO%2C+Abou+Ghaly+Motors+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fcoffee-with-mohamed-abou-ghaly-ceo-abou-ghaly-motors%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\/03\/12\/coffee-with-mohamed-abou-ghaly-ceo-abou-ghaly-motors\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/4.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"601867\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/coffee-with-mohamed-abou-ghaly-ceo-abou-ghaly-motors\/4-jpg-35\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/4.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"4.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/4.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/4.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601866\" class=\"content-area-description single-story post-601866 post type-post status-publish format-standard has-post-thumbnail hentry category-coffee-with-enterprise tag-abou-ghaly-motors tag-automotive tag-coffee-with tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-08\" class=\"content-anchor\"><\/a> <b>Mohamed Abou Ghaly learned the business in Detroit<\/b>, the birthplace of the automotive industry, before joining <a href=\"http:\/\/www.aboughalymotors.com\/\">Abou Ghaly Motors<\/a>\u00a0 in 1994. As CEO, he has since led the business\u00a0<span>(founded by his father Maher Abou Ghaly in 1980)\u00a0<\/span><span>to become a self-styled provider of mobility solutions. While continuing to distribute brands that include Jeep, Chrysler, Subaru, KTM motorcycles and Petronas lubricants, Abou Ghaly is also the sole franchisee of Sixt Rent-a-Car and runs the London Cab service. The offering beyond car sales comes as the industry pivots toward a business model that includes financing (long a staple of western markets) and transportation services. In the latest edition of our Coffee with Enterprise series, we sat down with Abou Ghaly for a chat about the outlook for the industry in 2019 and beyond.<\/span><\/p>\n<p><b>The key takeaways:<\/b><\/p>\n<ul>\n<li><b>Consumer demand is strong and appetite for European cars has increased<\/b> since the elimination of EU tariffs in January.<\/li>\n<li><b>The auto market is expected to grow by 20-25%<\/b> at least this year.<\/li>\n<li><b>The ideal interest rate to spur consumer growth is between 7.5-8%.<\/b><\/li>\n<li><b>Government should focus more on growing feeder industries<\/b> than on manufacturing.<\/li>\n<li><b>Kia\u2019s decision to invest EGP 4.2 bn<\/b> into Egypt in the coming five years and <b>Mercedes-Benz coming resumption of domestic assembly<\/b> are both very positive steps.<\/li>\n<li><b>Abou Ghaly Motors will invest some EGP 250-300 mn<\/b> in growth this year.<\/li>\n<li><b>Electric vehicles are coming to Egypt<\/b>, it\u2019s only a question of when. The future of autonomous vehicles is harder to predict.<\/li>\n<\/ul>\n<p><b>Enterprise: The perception among consumers is that cars in Egypt are, in absolute terms, substantially more expensive than they would be if bought in the US or Saudi Arabia, for example \u2014 anywhere from 30-70% more expensive. Is this sentiment fair or accurate?<\/b><\/p>\n<p><b>Mohamed Abou Ghaly:<\/b> It\u2019s accurate, yes, because even after the European Union custom tariffs were taken off, there are still taxes, development fees and other charges that have been put on to essentially cap the inflow of vehicles until the market here has adapted. But still, the situation is much better than it was before, and most customers appreciate this. The reality is often quite different to what is portrayed in the media. You see this with the \u201cLet it Rust\u201d campaign. Is it affecting our sales? Not really. On the ground, people are still buying cars on a daily basis. The pace is definitely slower, but there is still demand and customers are still getting their needs met.<\/p>\n<p><b>E: Can you walk us through the price of a car brought in completely built up (CBU) from the European Union pre- and post- the phase-out of customs?<\/b><\/p>\n<p><b>MAG:<\/b> It\u2019s quite straightforward. It\u2019s the price of CIF (costs, insurance and freight), with \u2014 for EU manufactured cars \u2014 zero customs, but still you have development fees and VAT. Our customs are based on engine size. So a 1000 CC engine had a customs rate of 40% but a 2000 CC engine had a rate of 135%. They all pay different development fees and schedule tax but the same VAT. So now the elimination of tariffs for EU vehicles has of course made a huge difference. There were customs ranging from 62.20% to 278.87% that are now no longer applicable. I think before long, the Americans and Asians will also push for trade agreements.<\/p>\n<p><b>E: What are the tax \/ customs advantages now enjoyed by EU assembled vehicles, Turkish vehicles, and Moroccan vehicles compared with all other vehicles?<\/b><\/p>\n<p><b>MAG:<\/b> Moroccan vehicles fall under the Agadir Agreement, which was signed by Morocco with Egypt, Tunisia, and Jordan. Morocco happens to manufacture cars with certain components that allow the cars to be deemed Moroccan-made. So under this agreement, there have been zero customs on cars coming from Morocco, and I think this has been the case for 10 years.<\/p>\n<p><b>In the case of EU-assembled vehicles<\/b>, the tariffs have also been decreasing for at least 10 years, because the agreement with the EU came into force in 2004 (and has been applied in Egypt since 2009). There was a delay for a couple of years so when a reduction of 30% was applied suddenly, it felt more significant. But the decrease over the past 10 years had been 70%, so the impact wasn\u2019t actually that dramatic. Again, the media was very selective in the story it chose to tell.<\/p>\n<p><b>When it comes to Turkey<\/b>, there is the Egypt-Turkey Free Trade Agreement, which was also delayed by one year. So currently, Turkish products are still subject to tariffs at 10%, but by January 2020 they will be zero as well. Egyptians don\u2019t rush to buy Turkish vehicles but if the price is attractive, they might consider it.<\/p>\n<p><b>E: Has the industry felt the impact of customs tariffs on EU vehicles falling to zero? <\/b><\/p>\n<p><b>MAG:<\/b> It takes between four and five months for the cars to arrive from the EU, so if I make an order in January, I won\u2019t see it on the ground before May or June. Within the first half of this year, the impact will be clear, and the demographics of the market will change, I believe, in the second half of the year. In the run-up to 1 January, nothing was certain. People are looking at European cars more than they were previously, but you will really see the figures in the second half of 2019. It\u2019s reasonable to anticipate that growth in European car sales will lead the market this year. Before that, it was Koreans car sales.<\/p>\n<p><b>E: What is your outlook on the automotive industry for 2019?<\/b><\/p>\n<p><b>MAG:<\/b> The market will grow this year by 20-25% at least. The challenge to all of us is to be well-prepared to capture this expansion, or else you risk losing your market share and presence. You need to look to a host of different factors, such the method of selling, consumer thinking and the logic behind purchasing, the buying experience, and even the different people who affect the decision to buy. For Abou Ghaly Motors, we know that we need to expand our physical location and online presence in order to embrace this growth.<\/p>\n<p><b>Growth will depend on rise in GDP per capita:<\/b> Obviously, as GDP per capita growth will impact consumer purchasing power. If the GDP per capita grows by USD 600-1000, the car market will grow by more than 25% this year. The purchasing power of the lower middle class in particular will increase, in correlation with GDP growth, which is set to rise to 5.8% this year.<\/p>\n<p><a href=\"https:\/\/enterprise.press\/2019\/03\/12\/coffee-mohamed-abou-ghaly-ceo-abou-ghaly-motors\/\">Tap or click here<\/a> to continue reading our sit-down with Mohamed Abou Ghaly.<\/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\/abou-ghaly-motors\/\">Abou Ghaly Motors<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/coffee-with\/\">Coffee With<\/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=\"601868\" 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=\"601868\">\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\/03\/12\/emerging-markets-banking-on-a-goldilocks-us-economy\/\">\r\n                            Emerging markets banking on a \u2018Goldilocks\u2019 US economy                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/emerging-markets-banking-on-a-goldilocks-us-economy\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/emerging-markets-banking-on-a-goldilocks-us-economy\/')\">\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\/03\/12\/emerging-markets-banking-on-a-goldilocks-us-economy\/\">\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=Emerging markets banking on a \u2018Goldilocks\u2019 US economy&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/emerging-markets-banking-on-a-goldilocks-us-economy\/\">\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\/03\/12\/emerging-markets-banking-on-a-goldilocks-us-economy\/&title=Emerging markets banking on a \u2018Goldilocks\u2019 US economy\">\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=Emerging+markets+banking+on+a+%E2%80%98Goldilocks%E2%80%99+US+economy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Femerging-markets-banking-on-a-goldilocks-us-economy%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\/03\/12\/emerging-markets-banking-on-a-goldilocks-us-economy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1157.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"601869\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/emerging-markets-banking-on-a-goldilocks-us-economy\/1157-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1157.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1157.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1157.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1157.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601868\" class=\"content-area-description single-story post-601868 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-asset-management tag-bonds tag-emerging-markets tag-enterpriseam tag-inflation tag-interest-rates tag-monetary-policy 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-04\"><\/a> <b>Emerging markets banking on a \u2018Goldilocks\u2019 US economy: <\/b>The good times will keep on rolling for emerging markets as long as the US economy remains in a \u2018Goldilocks\u2019 state, former Mideast hand <a href=\"https:\/\/www.ft.com\/content\/8043a420-4402-11e9-b168-96a37d002cd3\">Robin Wigglesworth writes in the Financial Times<\/a>. A \u2018Goldilocks economy\u2019 refers to an economy that is neither booming or slowing down, but growing sustainably supported by low inflation. Both a US slowdown and an economic boom (precipitating further interest rate rises) would be negative for EM inflows. Continued investment therefore requires that the US economy walk a fine line between growth and decline, Wigglesworth says.<\/p>\n<p><b>Investor exuberance: <\/b><a href=\"https:\/\/www.ft.com\/content\/755cd3b2-2353-11e9-8ce6-5db4543da632\">Ecuador\u2019s recent bond sale<\/a> is a sign of investors\u2019 current bullish attitude towards emerging markets. Ecuador, the country that routinely defaults on its debts and only in 2015 repaid its first bond in-full and on time, surprised analysts after it successfully auctioned USD 1 bn worth of 10-year bonds to international investors. Yes, the bonds carried an interest rate of 10.75% \u2014 <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-01-28\/ecuador-debt-offer-has-highest-em-yield-since-2011-bonds-slump\">the highest bond yield since 2011<\/a>. But the fact that appetite for highly risky assets exists indicates an exuberant approach to emerging markets on the part of investors.<\/p>\n<p><b>But selectiveness is a virtue when it comes to EM investments: <\/b>Investors should ignore the bulls and the bears and make calculated, selective EM investment choices, <b>Mohamed El Erian<\/b>, markets sage and chief economic adviser at Allianz, <a href=\"https:\/\/www.ft.com\/content\/aa09913e-40e2-11e9-9bee-efab61506f44\">writes in the FT<\/a>. \u201cThe best approach to EM assets is to be selective, including taking advantage of higher yields on shorter-dated bonds and loans in some of the weaker non-investment grade names that have the reserves to repay debt coming due soon,\u201d he writes.<\/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\/asset-management\/\">asset management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/interest-rates\/\">interest rates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"601870\" 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=\"601870\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-in-the-news-on-12-march-2019\/\">\r\n                            Egypt in the News on 12 March 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\/03\/12\/egypt-in-the-news-on-12-march-2019\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-in-the-news-on-12-march-2019\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-in-the-news-on-12-march-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the News on 12 March 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-in-the-news-on-12-march-2019\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-in-the-news-on-12-march-2019\/&title=Egypt in the News on 12 March 2019\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+12+March+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fegypt-in-the-news-on-12-march-2019%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-in-the-news-on-12-march-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601870\" class=\"content-area-description single-story post-601870 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-greece tag-sharm-el-sheikh tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>There was more gas-related banter in the foreign press yesterday:<\/b> Egypt\u2019s new gas fortunes could help boost our geopolitical standing by allowing us \u201cto strengthen economic ties with Israel and Jordan while becoming an indispensable partner to Europe,\u201d Clifford Krauss and Declan Walsh write for <a href=\"https:\/\/www.nytimes.com\/2019\/03\/11\/business\/energy-environment\/egypt-gas.html\">the New York Times<\/a>. Recent agreements have \u201cthe potential to stabilize Egypt\u2019s precarious, debt laden finances and help clean up its polluted air,\u201d but both internal and external risks remain. While cooperation with our regional neighbors is increasing, Krauss and Walsh do not rule out the possibility that tensions could be stoked if, for example, Israel constructs its proposed undersea gas pipeline to Europe, which would undermine Egypt\u2019s standing. They also caution the government against \u201csquandering\u201d the gas wealth if it fails to push ahead with subsidy cuts.<\/p>\n<p>Other headlines worth knowing about:<\/p>\n<ul>\n<li><b>The Sharm El Sheikh <\/b><a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/24\/analysis-of-the-proposed-constitutional-amendments-tops-coverage\/\"><b>highway barrier<\/b><\/a><b> currently under construction<\/b> earned some more digital ink, with <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2019\/03\/egypt-south-sinai-tourism-sharm-el-shaikh-wall-terrorism.html\">Al-Monitor\u2019s Rasha Mohamed<\/a> wondering whether it is meant to isolate Sinai\u2019s bedouins.<\/li>\n<li><b>Alexandria\u2019s Greek community turned out on Friday to celebrate the memory of Despoina Achladioti,<\/b> an iconic figure who was known as the \u201dLady of Ro\u201d and who died in 1982, according to the <a href=\"https:\/\/world.greekreporter.com\/2019\/03\/10\/event-in-egypts-alexandria-honors-the-lady-of-ro\/\">Greek Reporter<\/a>. <\/li>\n<li><b>Reports that three troops and 46 Islamist terrorists were killed in Sinai <\/b>has been picked up by <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/egypt-says-3-troops-46-militants-killed-in-sinai\/2019\/03\/11\/a72b12a8-43ee-11e9-94ab-d2dda3c0df52_story.html?utm_term=.1dd5cc45a5ef\">the Associated Press<\/a>, though no context has been provided.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/greece\/\">Greece<\/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\/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=\"601871\" 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=\"601871\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE FRONT PAGES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/el-sisi-talks-railway-development-with-new-transport-minister\/\">\r\n                            El Sisi talks railway development with new transport minister                        <\/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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photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601871\" class=\"content-area-description single-story post-601871 post type-post status-publish format-standard hentry category-on-the-front-pages tag-development tag-enterpriseam tag-on-the-front-pages wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>President Abdel Fattah El Sisi\u2019s meeting with newly-appointed Transport Minister Kamel El Wazir <\/b>to discuss efforts to develop railway infrastructure topped the front pages of all three state-owned newspapers this morning (<a href=\"http:\/\/www.ahram.org.eg\/News\/202951\/25\/699913\/%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89\/%D8%AA%D8%AD%D8%AF%D9%8A%D8%AB-%D8%B4%D8%A7%D9%85%D9%84-%D9%84%D9%85%D9%86%D8%B8%D9%88%D9%85%D8%A9-%D8%A7%D9%84%D8%B3%D9%83%D9%83-%D8%A7%D9%84%D8%AD%D8%AF%D9%8A%D8%AF%D9%8A%D8%A9-%D9%88%D8%A7%D9%84%D8%B7%D8%B1%D9%82-%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D9%86%D9%88.aspx\">Al Ahram<\/a> | <a href=\"http:\/\/www.algomhuria.net.eg\/algomhuria\/today\/fpage\/\">Al Gomhuria<\/a> | <a href=\"https:\/\/www.pressreader.com\/egypt\/al-akhbar\">Al Akhbar<\/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\/development\/\">development<\/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=\"601872\" 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=\"601872\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/self-correcting-metropolises-by-2050\/\">\r\n                            Self-correcting metropolises by 2050?                        <\/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\/03\/12\/self-correcting-metropolises-by-2050\/\" 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\/03\/12\/self-correcting-metropolises-by-2050\/')\">\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\/03\/12\/self-correcting-metropolises-by-2050\/\">\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=Self-correcting metropolises by 2050?&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/self-correcting-metropolises-by-2050\/\">\n                    X                    <!-- <img decoding=\"async\" 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       <\/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\/03\/12\/self-correcting-metropolises-by-2050\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1646.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"601873\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/self-correcting-metropolises-by-2050\/1646-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1646.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1646.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1646.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1646.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601872\" class=\"content-area-description single-story post-601872 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-construction tag-enterpriseam tag-infrastructure tag-science tag-sustainability tag-technology tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Self-correcting metropolises by 2050? <\/b>Researchers are attempting to create cities that can heal themselves in the same way living organisms do by 2050, according to FT Rethink (<a href=\"https:\/\/rethink.ft.com\/?play=self-repairing-cities&utm_source=ft&utm_medium=editorial_backfill\">watch, runtime: 2:33<\/a>). A breakthrough by a microbiologist at Delft University and expert on self-healing bio-concrete, Hendrik Jonkers, has unveiled a special type of bacteria able to lay dormant when mixed with concrete, but is brought to life by water. So \u201cif cracks appear, they excrete calcites, better known as limestone, which fixes the damage.\u201d Although this seems like tech from the distant future, the materials and tools have already made it to the global commercial market \u2014 the value of which is expected to grow about thirty-fold to some USD 4 bn from USD 120 mn by 2025.<\/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\/construction\/\">construction<\/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\/science\/\">science<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sustainability\/\">sustainability<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"601874\" 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=\"601874\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/japanese-business-delegation-continues-its-egypt-tour-meets-investment-minister-sahar-nasr\/\">\r\n                            Japanese business delegation continues its Egypt tour, meets Investment Minister Sahar Nasr                        <\/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\/03\/12\/japanese-business-delegation-continues-its-egypt-tour-meets-investment-minister-sahar-nasr\/\" 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\/03\/12\/japanese-business-delegation-continues-its-egypt-tour-meets-investment-minister-sahar-nasr\/')\">\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\/03\/12\/japanese-business-delegation-continues-its-egypt-tour-meets-investment-minister-sahar-nasr\/\">\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=Japanese business delegation continues its Egypt tour, meets Investment Minister Sahar Nasr&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/japanese-business-delegation-continues-its-egypt-tour-meets-investment-minister-sahar-nasr\/\">\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\/03\/12\/japanese-business-delegation-continues-its-egypt-tour-meets-investment-minister-sahar-nasr\/&title=Japanese business delegation continues its Egypt tour, meets Investment Minister Sahar Nasr\">\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=Japanese+business+delegation+continues+its+Egypt+tour%2C+meets+Investment+Minister+Sahar+Nasr+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fjapanese-business-delegation-continues-its-egypt-tour-meets-investment-minister-sahar-nasr%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\/03\/12\/japanese-business-delegation-continues-its-egypt-tour-meets-investment-minister-sahar-nasr\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601874\" class=\"content-area-description single-story post-601874 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam tag-investment-watch tag-japan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The Japanese business delegation currently in town met Investment and International Cooperation Minister Sahar Nasr yesterday<\/b>, <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D8%A7%D9%84%D9%88%D9%81%D8%AF-%D8%A7%D9%84%D9%8A%D8%A7%D8%A8%D8%A7%D9%86%D9%89-%D9%85%D9%86-%D9%85%D8%B1%D9%83%D8%B2-%D8%AE%D8%AF%D9%85%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%8A%D9%86-%D8%B6%D8%AE-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D9%88%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%86%D8%A7-%D8%B2%D8%A7%D8%AF%D8%AA-%D8%A8%D9%86%D8%B3%D8%A8%D8%A9-74-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D8%A7%D8%B6%D9%89.aspx\">the ministry said in a statement<\/a>. The delegation took a tour of the new investors services center in the new administrative capital. Members of the delegation said they are interested in increasing their investments in Egypt, but did not provide specifics. The delegation<a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/11\/japan-considers-establishing-industrial-zone-in-suez-gulf-area\/\">met with Trade and Industry Minister Amr Nassar on Sunday<\/a>. The ministry signed an MoU with the Japan Bank for International Cooperation to support investment and development projects until 2022, according to <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%85%D9%86%D8%AA%D8%AF%D9%89-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%89-%D8%A7%D9%84%D9%8A%D8%A7%D8%A8%D8%A7%D9%86%D9%89-%D8%B6%D8%AE-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%81%D9%89-%D9%85%D8%B5%D8%B1-%D9%88%D8%A7%D9%84%D8%A7%D8%AA%D9%81%D8%A7%D9%82-%D8%B9%D9%84%D9%89-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D9%85%D8%B3%D8%AA%D9%82%D8%A8%D9%84%D9%8A%D8%A9-%D8%A8%D9%8A%D9%86-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D9%8A%D8%A7%D8%A8%D8%A7%D9%86%D9%8A%D8%A9-%D9%88%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9.aspx\">a separate statement<\/a> from the ministry.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/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\/japan\/\">Japan<\/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=\"601875\" 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=\"601875\">\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\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/\">\r\n                            Lekela, NREA sign land agreement for USD 325 mn, 250 MW Suez wind farm                        <\/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\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/\" 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\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/')\">\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\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/\">\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=Lekela, NREA sign land agreement for USD 325 mn, 250 MW Suez wind farm&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/\">\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\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/&title=Lekela, NREA sign land agreement for USD 325 mn, 250 MW Suez wind farm\">\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=Lekela%2C+NREA+sign+land+agreement+for+USD+325+mn%2C+250+MW+Suez+wind+farm+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Flekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm%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\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601875\" class=\"content-area-description single-story post-601875 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam tag-infrastructure tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Actis-backed Lekela Power has signed a land usufruct agreement with the New and Renewable Energy Authority (NREA) for its USD 325 mn, 250 MW wind farm in the Gulf of Suez, <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1209022855942744\">according to a cabinet statement<\/a>. Lekela will pay the NREA 2% of the power produced annually for its right to use the land, <a href=\"https:\/\/www.alborsaanews.com\/2019\/03\/11\/1185372\">NREA Chairman Mohamed El Khayat said<\/a>. The Egyptian Electricity Transmission Company will purchase the remaining amount at an unannounced tariff both sides agreed on when they signed the power purchase agreement <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/14\/eetc-signs-ppa-for-lekelas-250-mw-suez-wind-farm\/\">last month<\/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\/energy\/\">energy<\/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\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"601877\" 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=\"601877\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/sca-looks-to-partner-with-samsung-or-daewoo-on-new-shipyard-in-east-port-said\/\">\r\n                            SCA looks to partner with Samsung or Daewoo on new shipyard in East Port Said                        <\/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\/03\/12\/sca-looks-to-partner-with-samsung-or-daewoo-on-new-shipyard-in-east-port-said\/\" 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\/03\/12\/sca-looks-to-partner-with-samsung-or-daewoo-on-new-shipyard-in-east-port-said\/')\">\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\/03\/12\/sca-looks-to-partner-with-samsung-or-daewoo-on-new-shipyard-in-east-port-said\/\">\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=SCA looks to partner with Samsung or Daewoo on new shipyard in East Port Said&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/sca-looks-to-partner-with-samsung-or-daewoo-on-new-shipyard-in-east-port-said\/\">\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\/03\/12\/sca-looks-to-partner-with-samsung-or-daewoo-on-new-shipyard-in-east-port-said\/&title=SCA looks to partner with Samsung or Daewoo on new shipyard in East Port Said\">\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=SCA+looks+to+partner+with+Samsung+or+Daewoo+on+new+shipyard+in+East+Port+Said+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fsca-looks-to-partner-with-samsung-or-daewoo-on-new-shipyard-in-east-port-said%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\/03\/12\/sca-looks-to-partner-with-samsung-or-daewoo-on-new-shipyard-in-east-port-said\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601877\" class=\"content-area-description single-story post-601877 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Suez Canal Authority (SCA) is looking to partner up with either of Samsung Heavy Industries or Daewoo Shipbuilding & Marine Engineering Company to build a new shipyard in East Port Said Port, SCA\u2019s shipbuilding advisor Sayed Abou El Fetouh said, <a href=\"https:\/\/www.almalnews.com\/Story\/413530\/58\/%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3-%D8%AA%D8%B3%D8%B9%D9%89-%D9%84%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D9%84%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D8%AA%D8%B1%D8%B3%D8%A7%D9%86%D8%A9-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%A8%D8%B4%D8%B1\">according to Al Mal<\/a>. News came after SCA boss Mohab Mamish visited the South Korea-based companies\u2019 headquarters last month to explore cooperation avenues. The Suez Canal Economic Zone (SCEZ) aims to attract USD 55 bn in investments by 2024, <a href=\"https:\/\/alborsaanews.com\/2019\/03\/11\/1185751\">Mamish also said<\/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\/infrastructure\/\">infrastructure<\/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=\"601878\" 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=\"601878\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-looks-to-diversify-wheat-imports\/\">\r\n                            Egypt looks to diversify wheat imports                        <\/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\/03\/12\/egypt-looks-to-diversify-wheat-imports\/\" 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\/03\/12\/egypt-looks-to-diversify-wheat-imports\/')\">\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\/03\/12\/egypt-looks-to-diversify-wheat-imports\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt looks to diversify wheat imports&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-looks-to-diversify-wheat-imports\/\">\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\/03\/12\/egypt-looks-to-diversify-wheat-imports\/&title=Egypt looks to diversify wheat imports\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+looks+to+diversify+wheat+imports+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fegypt-looks-to-diversify-wheat-imports%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\/03\/12\/egypt-looks-to-diversify-wheat-imports\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601878\" class=\"content-area-description single-story post-601878 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The government is looking to diversify its sources of wheat imports through \u201cmore realistic\u201d specifications in tenders, Supply Minister Ali El Moselhy <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN1QS0WQ\">told Reuters\u2019 Arabic service<\/a>. El Moselhy\u2019s statement comes a week after <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/06\/egypt-rejects-romanian-wheat-shipment-over-quality-issue\/\">an official said<\/a> state grain buyer GASC had rejected a Romanian wheat shipment over a \u201cquality issue,\u201d which El Moselhy later <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN1QS11P\">confirmed to Reuters<\/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\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"601879\" 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=\"601879\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/al-ahram-in-talks-with-investors-banks-over-egp-2-bn-paper-factory\/\">\r\n                            Al Ahram in talks with investors, banks over EGP 2 bn paper factory                        <\/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\/03\/12\/al-ahram-in-talks-with-investors-banks-over-egp-2-bn-paper-factory\/\" 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\/03\/12\/al-ahram-in-talks-with-investors-banks-over-egp-2-bn-paper-factory\/')\">\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\/03\/12\/al-ahram-in-talks-with-investors-banks-over-egp-2-bn-paper-factory\/\">\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=Al Ahram in talks with investors, banks over EGP 2 bn paper factory&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/al-ahram-in-talks-with-investors-banks-over-egp-2-bn-paper-factory\/\">\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\/03\/12\/al-ahram-in-talks-with-investors-banks-over-egp-2-bn-paper-factory\/&title=Al Ahram in talks with investors, banks over EGP 2 bn paper factory\">\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=Al+Ahram+in+talks+with+investors%2C+banks+over+EGP+2+bn+paper+factory+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fal-ahram-in-talks-with-investors-banks-over-egp-2-bn-paper-factory%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\/03\/12\/al-ahram-in-talks-with-investors-banks-over-egp-2-bn-paper-factory\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601879\" class=\"content-area-description single-story post-601879 post type-post status-publish format-standard hentry category-manufacturing tag-al-ahram tag-enterpriseam tag-investment-watch tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Al Ahram newspaper is currently in talks with banks and investors from the US and China to become partners in building a planned EGP 2 bn paper factory in Rosetta, <a href=\"https:\/\/www.alborsaanews.com\/2019\/03\/11\/1185504\">Chairman Abdel Mohsen Salama said<\/a>. The factory is planned to have four production lines, including one for newspapers.<\/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\/al-ahram\/\">Al Ahram<\/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\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"601880\" 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=\"601880\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/hotel-revenues-grow-30-y-o-y-in-january-2019-colliers-international\/\">\r\n                            Hotel revenues grow 30% y-o-y in January 2019: Colliers International                        <\/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\/03\/12\/hotel-revenues-grow-30-y-o-y-in-january-2019-colliers-international\/\" 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\/03\/12\/hotel-revenues-grow-30-y-o-y-in-january-2019-colliers-international\/')\">\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\/03\/12\/hotel-revenues-grow-30-y-o-y-in-january-2019-colliers-international\/\">\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=Hotel revenues grow 30% y-o-y in January 2019: Colliers International&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/hotel-revenues-grow-30-y-o-y-in-january-2019-colliers-international\/\">\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\/03\/12\/hotel-revenues-grow-30-y-o-y-in-january-2019-colliers-international\/&title=Hotel revenues grow 30% y-o-y in January 2019: Colliers International\">\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=Hotel+revenues+grow+30%25+y-o-y+in+January+2019%3A+Colliers+International+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fhotel-revenues-grow-30-y-o-y-in-january-2019-colliers-international%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\/03\/12\/hotel-revenues-grow-30-y-o-y-in-january-2019-colliers-international\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601880\" class=\"content-area-description single-story post-601880 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Hotels saw an average of 30% growth in revenue during January of this year compared to January of 2018in Cairo, Alexandria, Hurghada and Sharm El Sheikh according to a report from Colliers International picked up <a href=\"https:\/\/alborsaanews.com\/2019\/03\/11\/1185791\">by the local press<\/a>. This beat Colliers\u2019 expectations that hotels would see revenue growths of only 13%.<\/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\/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=\"601881\" 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=\"601881\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/house-agrees-eur-350-mn-loan-from-eib-to-develop-metro-line-1\/\">\r\n                            House agrees EUR 350 mn loan from EIB to develop Metro Line 1                        <\/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\/03\/12\/house-agrees-eur-350-mn-loan-from-eib-to-develop-metro-line-1\/\" 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\/03\/12\/house-agrees-eur-350-mn-loan-from-eib-to-develop-metro-line-1\/')\">\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\/03\/12\/house-agrees-eur-350-mn-loan-from-eib-to-develop-metro-line-1\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=House agrees EUR 350 mn loan from EIB to develop Metro Line 1&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/house-agrees-eur-350-mn-loan-from-eib-to-develop-metro-line-1\/\">\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\/03\/12\/house-agrees-eur-350-mn-loan-from-eib-to-develop-metro-line-1\/&title=House agrees EUR 350 mn loan from EIB to develop Metro Line 1\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=House+agrees+EUR+350+mn+loan+from+EIB+to+develop+Metro+Line+1+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fhouse-agrees-eur-350-mn-loan-from-eib-to-develop-metro-line-1%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\/03\/12\/house-agrees-eur-350-mn-loan-from-eib-to-develop-metro-line-1\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601881\" class=\"content-area-description single-story post-601881 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam tag-european-investment-bank wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The House of Representatives has agreed a EUR 350 mn loan from the European Investment Bank (EIB) to finance the development of Cairo Metro Line 1, <a href=\"http:\/\/www.almalnews.com\/Story\/413626\/14\/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D8%B9%D9%84%D9%89-%D8%A7%D9%82%D8%AA%D8%B1%D8%A7%D8%B6-350-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%8A%D9%88%D8%B1%D9%88-%D9%85%D9%86-%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A\">Al Mal reported<\/a>. The EIB signed the agreement for the loan with the Investment Ministry <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/20\/egypt-eib-sign-eur-350-mn-agreement-to-finance-cairo-metro-line-1-renovation\/\">in December<\/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\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/european-investment-bank\/\">European Investment Bank<\/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=\"601882\" 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=\"601882\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/cib-shareholders-approve-egp-1-share-2018-dividend\/\">\r\n                            CIB shareholders approve EGP 1\/share 2018 dividend                        <\/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\/03\/12\/cib-shareholders-approve-egp-1-share-2018-dividend\/\" 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\/03\/12\/cib-shareholders-approve-egp-1-share-2018-dividend\/')\">\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\/03\/12\/cib-shareholders-approve-egp-1-share-2018-dividend\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=CIB shareholders approve EGP 1\/share 2018 dividend&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/cib-shareholders-approve-egp-1-share-2018-dividend\/\">\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\/03\/12\/cib-shareholders-approve-egp-1-share-2018-dividend\/&title=CIB shareholders approve EGP 1\/share 2018 dividend\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=CIB+shareholders+approve+EGP+1%2Fshare+2018+dividend+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fcib-shareholders-approve-egp-1-share-2018-dividend%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\/03\/12\/cib-shareholders-approve-egp-1-share-2018-dividend\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601882\" class=\"content-area-description single-story post-601882 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-cib tag-dividends tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Leading private sector bank CIB\u2019s shareholders approved a dividend payout of EGP 1 per share, <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D9%83%D9%88%D8%A8%D9%88%D9%86%20%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%89%2011-03-2019.pdf\">the lender said in a bourse filing (pdf)<\/a>. The dividend will be distributed on 28 March.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cib\/\">CIB<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/dividends\/\">Dividends<\/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=\"601883\" 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=\"601883\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/ida-to-tender-4-mn-sqm-of-land-in-sadat-and-borg-el-arab-by-september\/\">\r\n                            IDA to tender 4 mn sqm of land in Sadat and Borg El Arab by September                        <\/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\/03\/12\/ida-to-tender-4-mn-sqm-of-land-in-sadat-and-borg-el-arab-by-september\/\" 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\/03\/12\/ida-to-tender-4-mn-sqm-of-land-in-sadat-and-borg-el-arab-by-september\/')\">\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\/03\/12\/ida-to-tender-4-mn-sqm-of-land-in-sadat-and-borg-el-arab-by-september\/\">\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=IDA to tender 4 mn sqm of land in Sadat and Borg El Arab by September&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/ida-to-tender-4-mn-sqm-of-land-in-sadat-and-borg-el-arab-by-september\/\">\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\/03\/12\/ida-to-tender-4-mn-sqm-of-land-in-sadat-and-borg-el-arab-by-september\/&title=IDA to tender 4 mn sqm of land in Sadat and Borg El Arab by September\">\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=IDA+to+tender+4+mn+sqm+of+land+in+Sadat+and+Borg+El+Arab+by+September+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fida-to-tender-4-mn-sqm-of-land-in-sadat-and-borg-el-arab-by-september%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\/03\/12\/ida-to-tender-4-mn-sqm-of-land-in-sadat-and-borg-el-arab-by-september\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601883\" class=\"content-area-description single-story post-601883 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-development tag-enterpriseam tag-infrastructure tag-manufacturing tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Industrial Development Authority (IDA) is planning to tender 4 mn sqm of land for industrial investors in Sadat and Borg El Arab cities in August or September, sources from the authority say, <a href=\"https:\/\/www.almalnews.com\/Story\/413532\/15\/%D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A%D8%A9-%D8%AA%D8%B7%D8%B1%D8%AD-4-%D9%85%D9%84%D8%A7%D9%8A%D9%8A%D9%86-%D9%85%D8%AA%D8%B1-%D8%A3%D8%B1%D8%A7%D8%B6-%D8%A8%D8%A7%D9%84%D8%B3%D8%A7%D8%AF%D8%A7%D8%AA-%D9%88%D8%A8%D8%B1%D8%AC-\">according to Al Mal<\/a>. The land, 2 mn sqm in each city split into smaller plots of 2-4k sqm, will come at a price of no more than EGP 700 per sqm, the sources estimate. The tender was expected to launch in March, but was delayed amid now-resolved conflicts between the IDA and the New Urban Communities Authority.<\/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\/infrastructure\/\">infrastructure<\/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\/other-business-news-of-note\/\">Other Business News of Note<\/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=\"601884\" 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=\"601884\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egyptian-security-forces-kill-46-terrorists-in-northern-sinai\/\">\r\n                            Egyptian security forces kill 46 terrorists in northern Sinai                        <\/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\/03\/12\/egyptian-security-forces-kill-46-terrorists-in-northern-sinai\/\" 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\/03\/12\/egyptian-security-forces-kill-46-terrorists-in-northern-sinai\/')\">\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\/03\/12\/egyptian-security-forces-kill-46-terrorists-in-northern-sinai\/\">\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 security forces kill 46 terrorists in northern Sinai&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egyptian-security-forces-kill-46-terrorists-in-northern-sinai\/\">\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\/03\/12\/egyptian-security-forces-kill-46-terrorists-in-northern-sinai\/&title=Egyptian security forces kill 46 terrorists in northern Sinai\">\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+security+forces+kill+46+terrorists+in+northern+Sinai+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fegyptian-security-forces-kill-46-terrorists-in-northern-sinai%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\/03\/12\/egyptian-security-forces-kill-46-terrorists-in-northern-sinai\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601884\" class=\"content-area-description single-story post-601884 post type-post status-publish format-standard hentry category-national-security tag-armed-forces tag-enterpriseam tag-national-security tag-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Security forces have killed 46 terrorists in recent gun battles in northern Sinai, the Armed Forces announced in a <a href=\"http:\/\/www.mod.gov.eg\/ModWebSite\/NewsDetailsAr.aspx?id=36774\">statement<\/a> on Monday.<\/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\/armed-forces\/\">Armed Forces<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/security\/\">security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"601885\" 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=\"601885\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/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\/03\/12\/money-laundering-for-dummies\/\">\r\n                            Money laundering for dummies                        <\/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\/03\/12\/money-laundering-for-dummies\/\" 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\/03\/12\/money-laundering-for-dummies\/')\">\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\/03\/12\/money-laundering-for-dummies\/\">\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=Money laundering for dummies&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/money-laundering-for-dummies\/\">\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\/03\/12\/money-laundering-for-dummies\/&title=Money laundering for dummies\">\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=Money+laundering+for+dummies+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fmoney-laundering-for-dummies%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\/03\/12\/money-laundering-for-dummies\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/127.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"601886\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/money-laundering-for-dummies\/127-jpg-20\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/127.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"127.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/127.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/127.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601885\" class=\"content-area-description single-story post-601885 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam tag-law tag-money-laundering wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Money laundering for dummies:<\/b> If you\u2019re the kind of person to dip your toes into the world of illicit narcotics trafficking, chances are at some point you\u2019ll need to find a way to clean up all that dirty money. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-09\/money-to-launder-here-s-how-hint-find-a-bank-quicktake\">Bloomberg has you covered<\/a>. Thankfully you have a lot of options available to you: shell companies, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-06-28\/how-mirror-trades-moved-billions-from-russia-quicktake-q-a\">mirror trades<\/a> and a process known as \u2018smurfing\u2019 \u2014 the separation of large quantities of money into smaller amounts that can be deposited in banks in different locations.<\/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\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/money-laundering\/\">money laundering<\/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=\"601887\" 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=\"601887\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/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\/03\/12\/the-market-yesterday-426\/\">\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\/03\/12\/the-market-yesterday-426\/\" 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\/03\/12\/the-market-yesterday-426\/')\">\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\/03\/12\/the-market-yesterday-426\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The Market Yesterday&url=https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/the-market-yesterday-426\/\">\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\/03\/12\/the-market-yesterday-426\/&title=The Market Yesterday\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+Market+Yesterday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F03%2F12%2Fthe-market-yesterday-426%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\/03\/12\/the-market-yesterday-426\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601887\" class=\"content-area-description single-story post-601887 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><p><b>EGP \/ USD CBE market average: <\/b>Buy 17.39 | Sell 17.49<\/p>\n<p><b>EGP \/ USD at CIB:<\/b> Buy 17.38 | Sell 17.48<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 17.38 | Sell 17.48<\/p>\n<p><b>EGX30<\/b> (Monday): 15,098 +0.8%<\/p>\n<p> <b>Turnover:<\/b> EGP 1.4 bn (51% above the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +15.8%<\/p>\n<p><b>THE MARKET ON MONDAY:<\/b> The EGX30 ended yesterday\u2019s session up 0.8%. CIB, the index heaviest constituent ended up 0.2%. EGX30\u2019s top performing constituents were Heliopolis Housing up 5.1%, Arab Cotton Ginning up 3.6%, and Eastern Company up 2.6%. Yesterday\u2019s worst performing stocks were Telecom Egypt down 1.1%, Arabia Investments down 1.0% and Kima down 0.6%. The market turnover was EGP 1.4 bn, and local investors were the sole net buyers.<\/p>\n<p><b>Foreigners<\/b>: Net Short | EGP -16.1 mn<\/p>\n<p> <b>Regional<\/b>: Net Short | EGP -15.4 mn<\/p>\n<p> <b>Domestic<\/b>: Net Long | EGP +31.5 mn<\/p>\n<p><b>Retail<\/b>: 46.7% of total trades | 45.9% of buyers | 47.5% of sellers<\/p>\n<p> <b>Institutions<\/b>: 53.3% of total trades | 54.1% of buyers | 52.5% of sellers<\/p>\n<p><b>WTI:<\/b> USD 56.91 (+0.21%)<\/p>\n<p> <b>Brent:<\/b> USD 66.58 (+1.28%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.78 MMBtu, (+0.43%, Apr 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,293.60 \/ troy ounce (+0.19%)<\/p>\n<\/p>\n<p><b>TASI:<\/b> 8,426.29 (-0.47%) (YTD: +7.66%)<\/p>\n<p> <b>ADX:<\/b> 4,870.40 (-0.03%) (YTD: -0.91%)<\/p>\n<p> <b>DFM:<\/b> 2,591.89 (+0.53%) (YTD: +2.46%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 5,582.67 (+0.1%)<\/p>\n<p> <b>QE:<\/b> 9,744.22 (-0.25%) (YTD: -5.39%)<\/p>\n<p> <b>MSM:<\/b> 4,085.44 (-0.12%) (YTD: -5.51%)<\/p>\n<p> <b>BB: <\/b>1,406.34 (+0.04%) (YTD: +5.17%)<\/p><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"601888\" 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\/03\/12\/601888\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-601888\" class=\"content-area-description single-story post-601888 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>10-12 March: A delegation of <a href=\"http:\/\/www.egypttoday.com\/Article\/3\/66333\/Industry-minister-emphasized-Egyptian-Japanese-business-communities\">50 Japanese business<\/a> companies is expected to visit Egypt.<\/p>\n<p>11-13 March (Monday-Wednesday): <a href=\"https:\/\/icmse-egypt2019.org\/\">International Conference on Material Science & Engineering Recent Advances and Challenges<\/a>, Sofitel El Gezirah, Cairo, Egypt.<\/p>\n<p>14-16 March (Thursday-Saturday): <a href=\"https:\/\/www.metalsteelegy.com\/\">Metal & Steel<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-16 March (Thursday-Saturday): <a href=\"https:\/\/www.windoorex.com\/\">WINDOOREX<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-16 March (Thursday-Saturday): <a href=\"https:\/\/www.egypt-projects.com\/\">Egypt Projects<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-16 March (Thursday-Saturday): <a href=\"https:\/\/www.tradefairdates.com\/Fabex-Middle-East-M6740\/Cairo.html\">FabEx Middle East<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>March (date TBD): <a href=\"https:\/\/egypt.tradersfair.com\/\">Traders Fair<\/a>, Nile Ritz Carlton, Garden City, Cairo, Egypt.<\/p>\n<p>15 March (Friday): <a href=\"https:\/\/events.time.ly\/96o25b3?event=24587003\">Arab World Social Innovation Forum<\/a>, American University in Cairo, Cairo, Egypt.<\/p>\n<p>16-18 March (Saturday-Monday): Automation Technology Expo, Cairo International Convention Center, Nasr City, 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): <a href=\"http:\/\/www.coaltrans.com\/middle-east\/details.html\">Coaltrans<\/a>, Four Seasons Nile Plaza, Garden City, Cairo, Egypt.<\/p>\n<p>19-20 March (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>19 March (Tuesday): Portfolio Egypt Conference for non-banking financial services, venue TBD, Cairo, Egypt.<\/p>\n<p>20-22 March (Wednesday-Friday): Egypt International Green Building Conference, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>20-22 March (Wednesday-Friday): <a href=\"http:\/\/www.watrexexpo.com\/site\/\">Watrex<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/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 will meet to review interest rates.<\/p>\n<p>28-30 March (Thursday-Saturday): <a href=\"http:\/\/egyptscience.net\/AMLTA19\/home.html\">International Conference on Advanced Machine Learning<\/a> Technologies and Applications, Venue TBD, Cairo, Egypt.<\/p>\n<p>30-31 March (Saturday-Sunday): <a href=\"https:\/\/www.ierek.com\/events\/architecture-engineering-and-technology#introduction\">International Conference on Architecture Engineering and Technologies<\/a>, Grand Nile Tower Hotel, Cairo, Egypt.<\/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, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=12122018&id=fa6e13de-e3be-48fc-a76d-b65af91f3545\">COMESA Secretary General Chileshe Kapwepwe said<\/a>.<\/p>\n<p>April: The EUR 250k first phase of Egypt\u2019s national waste management program will kick off.<\/p>\n<p>1-3 April (Monday-Wednesday): <a href=\"http:\/\/www.infraafrica-me.com\/\">Infra Africa & Middle East Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>2-5 April: <a href=\"https:\/\/yearofenergy2019.com\/appo\/\">APPO Cape VII petroleum and energy conference<\/a>, Malabo, Equatorial Guinea.<\/p>\n<p>4 April: Egypt\u2019s Emirates NBD PMI for March released.<\/p>\n<p>4-6 April: LafargeHolcim <a href=\"https:\/\/www.lafargeholcim-foundation.org\/media\/news\/forum\/forum-2019-announcement\">Forum for sustainable Construction<\/a>, American University in Cairo.<\/p>\n<p>9-11 April (Tuesday-Thursday): <a href=\"http:\/\/www.mtc.edu.eg\/mtcwebsite\/ReadMore.aspx?id=6\">International Conference on Aerospace Sciences & Aviation Technology<\/a>, Military Technical College, Cairo.<\/p>\n<p>9-12 April (Tuesday-Friday): <a href=\"http:\/\/www.icnt.org\/\">International Conference on Network Technology<\/a>, The British University in Egypt, Cairo.<\/p>\n<p>9-12 April (Tuesday-Friday): <a href=\"http:\/\/www.icsie.org\/\">International Conference on Software and Information Engineering<\/a>, The British University in Egypt, Cairo.<\/p>\n<p>16-17 April (Tuesday-Wednesday): <a href=\"https:\/\/www.metalbulletin.com\/events\/north-africa-iron-and-steel-conference\/details.html\">North Africa Iron and Steel Conference<\/a>, Four Seasons Nile Plaza, Cairo.<\/p>\n<p>17-18 April (Wednesday-Thursday): <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-01-14\/opec-leaves-market-guessing-as-it-struggles-to-set-meeting-date\">OPEC+ meeting<\/a>, Vienna, Austria.<\/p>\n<p>21 April (Sunday): <a href=\"http:\/\/www.rtise-emea.com\/en\/index.php\/en\/\">RT Imaging Summit & Expo-EMEA<\/a>, InterContinental City Stars, Nasr City, Cairo, Egypt.<\/p>\n<p>21-22 April (Sunday-Monday): <a href=\"http:\/\/www.egyptcsrforum.com\/\">Egypt CSR Summit<\/a>, InterContinental City Stars, Nasr City, Cairo, Egypt.<\/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 will hold its 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 will meet to review interest rates.<\/p>\n<p>June: International Forum for small and medium enterprises (SMEs).<\/p>\n<p>04-05 June (Tuesday-Wednesday): <a href=\"https:\/\/www.ges2019.org\/\">Global Entrepreneurship Summit<\/a>, The Hague, the Netherlands<\/p>\n<p>05-06 June (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n<p>11-12 June (Tuesday-Wednesday): <a href=\"http:\/\/www.szwgroup.com\/offshore-mena-congress-2019\/\">Offshore Congress MENA<\/a>, InterContinental Semiramis, Cairo.<\/p>\n<p>16-17 June (Sunday-Monday): Mega Projects Conference, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>16-18 June (Sunday-Tuesday): Middle East & Africa Rail Show, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>17-18 June (Monday-Tuesday): <a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-north-africa\/index.stm\">Seamless North Africa<\/a>, Nile Ritz-Carlton, Cairo.<\/p>\n<p>17-19 June (Monday-Wednesday): <a href=\"http:\/\/platforms-root-technologies.com\/ctw\/\">Cairo Technology Week<\/a>, Hilton Heliopolis, Cairo.<\/p>\n<p>18-19 June (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>23 June (Sunday): <a href=\"http:\/\/www.almalnews.com\/Story\/413580\/11\/%D8%AA%D8%A3%D8%AC%D9%8A%D9%84-%D9%86%D8%B8%D8%B1-%D8%AF%D8%B9%D9%88%D9%89-%D8%B6%D8%AF-%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%AA%D9%8A-%D8%A8%D9%88%D8%B1%D8%AA%D9%88-%D9%88%D8%B9%D8%A7%D9%85%D8%B1-%D8%AC%D8%B1%D9%88%D8%A8-%D8%A5%D9%84%D9%89-23-%D9%8A%D9%88%D9%86%D9%8A\">Cairo Arbitration Court hearing<\/a> for Amer Group vs. Antaradous for Touristic Development<\/p>\n<p>30 June (Sunday): June 2013 protests, national holiday.<\/p>\n<p>11 July (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>19-21 July (Friday-Sunday): <a href=\"http:\/\/ledmiddleeast-expo.com\/\">LED Middle East Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23 July (Tuesday): 23 July revolution, national holiday.<\/p>\n<p>30-31 July (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>7-11 August (Wednesday-Sunday) Eid El Adha (TBC).<\/p>\n<p>22 August (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>29 August (Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>2-4 September (Monday-Wednesday): <a href=\"https:\/\/www.thebig5constructegypt.com\/\">The Big 5 Construct Egypt<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>8-11 September (Sunday-Wednesday): <a href=\"https:\/\/www.saharaexpo.com\/en\/home.html\">Sahara Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>17-18 September (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>26 September (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>6 October (Sunday): Armed Forces Day, national holiday.<\/p>\n<p>10-13 October (Tuesday-Sunday): <a href=\"http:\/\/biwarabia.com\/en\/\">Big Industrial Week Arabia 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23-24 October (Wednesday-Thursday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2019\/\">Intelligent Cities Exhibition & Conference<\/a>, Hilton Heliopolis, Cairo.<\/p>\n<p>23 October-1 November (Wednesday-Friday): CIB PSA Women\u2019s World Championship, Great Pyramid of Giza, Cairo.<\/p>\n<p>29-30 October (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>3-5 November (Sunday-Tuesday): <a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html\">Electrix 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9 November (Saturday): Prophet Mohammed's birthday, national holiday.<\/p>\n<p>10-14 November (Sunday-Thursday): <a href=\"https:\/\/geomeast.org\/\">GeoMEast International Congress and Exhibition<\/a>, Marriott, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.mactech.com.eg\/\">Machtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.transpotech-eg.com\/\">Transpotech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.airtech-eg.com\/\">Airtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>December: Egypt <a href=\"https:\/\/www.almalnews.com\/Story\/402348\/14\/-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%B9%D8%B1%D8%B6--%D8%A8%D8%A7%D9%83-%D8%A8%D8%B1%D9%88%D8%B3%D9%8A%D8%B3--%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84-\">will host for the first time<\/a> the Pack Process trade expo for the Middle East and African region.<\/p>\n<p>3-6 December (Tuesday-Friday): <a href=\"http:\/\/www.cairowoodshow.com\/\">Cairo WoodShow<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.pacprocess-mea.com\/\">Pacprocess Middle East Africa<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa 2019 Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>10-11 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>9-12 January (Tuesday-Sunday): <a href=\"http:\/\/www.plastex-online.com\/\">PLASTEX<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>11-13 February (Tuesday-Thursday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":601846,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-601845","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0661de1b-3249-43d5-bc66-ae80a5e61751","teaser":"","photo_url":"https:\/\/ent.news\/2017\/8\/326.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The House will consider making healthcare tithe tax-deductible - 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