{"id":602559,"date":"2019-04-01T03:23:00","date_gmt":"2019-04-01T03:23:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=602559"},"modified":"2025-12-16T22:53:00","modified_gmt":"2025-12-16T22:53:00","slug":"it-is-now-officially-budget-season-ladies-and-gentlemen","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/it-is-now-officially-budget-season-ladies-and-gentlemen\/","title":{"rendered":"It is now officially budget season, ladies and gentlemen"},"content":{"rendered":"<section id=\"602561\" 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=\"602561\">\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\/04\/01\/what-were-tracking-on-1-april-2019\/\">\r\n                            What we\u2019re tracking on 1 April 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\/04\/01\/what-were-tracking-on-1-april-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\/04\/01\/what-were-tracking-on-1-april-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\/04\/01\/what-were-tracking-on-1-april-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 1 April 2019.&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/what-were-tracking-on-1-april-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\/04\/01\/what-were-tracking-on-1-april-2019\/&title=What we\u2019re tracking on 1 April 2019.\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+1+April+2019.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Fwhat-were-tracking-on-1-april-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\/04\/01\/what-were-tracking-on-1-april-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602561\" class=\"content-area-description single-story post-602561 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-asset-management tag-brexit tag-diplomacy tag-energy tag-enterpriseam tag-fiscal-policy tag-global-economy tag-investment-banking tag-subsidies tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>No April Fools here:<\/b> It\u2019s the first day of April, starting the clock on 1Q19 earnings season. The resident 11-year-old may go in for pre-noon pranks, but not us. This morning\u2019s edition contains 0% fake news, guaranteed.<\/p>\n<p><b>The Finance Ministry\u2019s draft 2019-20 state budget is now with the House of Representatives<\/b>, kicking off the formal budget process. We have highlights of the budget in this morning\u2019s Speed Round, below.<\/p>\n<p><b>AmCham\u2019s annual \u2018Doorknock\u2019 lobbying campaign <\/b>gets underway this morning in Washington, DC and runs through Friday. Some <u><a href=\"https:\/\/www.amcham.org.eg\/events-activities\/missions\/missions-to-the-us\/33\/March-2019\/206\/delegates-profiles\">35 senior business leaders<\/a><\/u> are set to talk up Egypt in meets with members of Congress, Trump administration officials and others in DC. We\u2019ll have more from the road in the days ahead.<\/p>\n<p><b>President Abdel Fattah El Sisi and Foreign Minister Sameh Shoukry are in Tunisia<\/b> for an Arab League summit. Shoukry traveled to Tunisia <u><a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/31\/shoukry-lands-in-tunisia-for-arab-league-summit\/\">late last week<\/a><\/u> for preparatory meetings ahead of the summit. <u><a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N21I0E8\">Reuters<\/a><\/u> has more.<\/p>\n<p><b>Keep an eye today on US manufacturing data<\/b>, the next \u201ccheckpoint\u201d for the global doomsdayers, the <u><a href=\"https:\/\/www.ft.com\/content\/fb199004-5165-11e9-b401-8d9ef1626294\">Financial Times<\/a><\/u> suggests.<\/p>\n<p><b>There\u2019s no lack of local market data coming up<\/b> in the next few days:<\/p>\n<ul>\n<li><b>The EGX brokerage league table <\/b>for Marchshould be out today. EFG Hermes extended its spell at top of the table <u><a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/03\/efg-hermes-tops-brokerage-league-for-february\/\">last month<\/a><\/u>.<\/li>\n<li><b>The Markit \/ Emirates NBD purchasing managers\u2019 index for March <\/b>is expected on Thursday. The index, which surveys non-oil business activity in Egypt, fell to a 17-month low in <u><a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/06\/egypts-non-oil-business-activity-falls-to-17-month-low-pmi\/\">last month\u2019s reading<\/a><\/u>.<\/li>\n<li><b>The CBE\u2019s net foreign reserves position <\/b>is due out sometime this week. Reserves climbed to USD 44.060 bn <u><a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/05\/egypts-fx-reserves-reach-usd-44-060-bn-at-end-february\/\">at the end of February<\/a><\/u>.<\/li>\n<li><b>Total vehicle sales<\/b> for March, and performance by brand, should be out within days.<\/li>\n<li><b>Egypt\u2019s monthly inflation figures<\/b>, from both the central bank and CAPMAS, are expected on 10 April. Annual headline inflation accelerated to 14.4% in <u><a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/11\/inflation-back-on-the-rise-throwing-continued-easing-cycle-to-doubt\/\">February<\/a><\/u>, up from 12.7% the previous month.<\/li>\n<\/ul>\n<p><b>Renaissance Capital will hold its annual Egypt Investors Conference in Cape Town<\/b> on 9-10 April. The event will see senior management from leading Egyptian companies meet one-on-one with South African investors with AUM north of USD 20 bn.<\/p>\n<hr class=\"grey-line\">\n<p><b>EM bonds, the gift that keeps on giving: <\/b>Global funds remain bullish on emerging market bonds, which \u2014 having returned 5.3% in 1Q2019 \u2014 are on track for their best quarter since 2012, <u><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-31\/emerging-market-bonds-still-a-buy-for-goldman-asset-t-rowe?srnd=premium-middle-east\">Bloomberg writes<\/a><\/u>. Fund managers are confident that EM debt will continue appreciating as the US Federal Reserve u-turns on raising rates and China\u2019s economy stabilizes. <b>It\u2019s good news for Egypt <\/b>as the Finance Ministry <u><a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/31\/egypt-to-take-eur-denominated-eurobond-issuance-to-market-next-month\/\">looks to hit the road<\/a><\/u> with an EUR-denominated eurobond offering this month,<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <b>Wait, the world may not be ending? <\/b>The global financial press has for more than a year now been practically salivating at the prospect of (a) an end to the 10-year-long bull market for US equities (b) the US economy falling into recession or, better still, option (c): the end of the bull run somehow tipping the US into recession.<\/p>\n<p><b>The world is not ending, Exhibit #1: <\/b>Enter Gywn Davies writing for the FT, who with finesse and rigor that \u201cthe great bull run may be over, but that does not mean that a great bear market will inevitably follow.\u201d Instead, he suggests, there\u2019s a perfectly solid model that \u201cpredicts that <u><a href=\"https:\/\/www.ft.com\/content\/4f941406-5157-11e9-b401-8d9ef1626294\">total US equity returns will be about 4-5% per annum in nominal terms in the next three years<\/a><\/u> \u2014 much lower than recently, but still positive.\u201d<\/p>\n<p><b>The world is not ending, Exhibit #2: <\/b>\u201cAs we move into the second half of the year, this narrative of global growth potentially causing problems here in the U.S. is going to shift to a stabilization of global growth and then more of a focus on things like earnings,\u201d argues the co-head of strategy at PNC Financial Services in an interview with <u><a href=\"https:\/\/www.cnbc.com\/2019\/03\/31\/global-growth-fears-overblown-even-as-growth-to-stay-sluggish-pnc.html\">CNBC<\/a><\/u>. <u><a href=\"https:\/\/www.wsj.com\/articles\/china-factory-activity-rebounded-strongly-in-march-11554002297\">China<\/a><\/u> and Europe are bottoming out, he argues, and all the gnashing of teeth about the inverted yield curve in the US is overblown.<\/p>\n<p><b>The one thing to worry about now: FOMO.<\/b> Investors are piling into stocks this year because of the fear of missing out on the 2019 rebound in equities, the <u><a href=\"https:\/\/www.wsj.com\/articles\/fear-of-missing-out-pushes-investors-toward-stocks-11554030001\">WSJ<\/a><\/u> suggests.<\/p>\n<p>In international news worth knowing this morning:<\/p>\n<ul>\n<li><b>Erdogan hits election setback: <\/b>The party of Turkey\u2019s Islamist president lost Ankara and appeared ready to do the same in Istanbul despite two months of \u201crelentless campaigning \u2026 which he described as a \u2018matter of survival\u2019 for Turkey.\u201d (<u><a href=\"https:\/\/www.reuters.com\/article\/us-turkey-election\/erdogan-appears-to-concede-istanbul-defeat-after-ankara-loss-idUSKCN1RB0QW\">Reuters<\/a><\/u>)<\/li>\n<li><b>Algeria\u2019s Bouteflika is hanging on by his fingertips: <\/b>Algerian President Abdelaziz Bouteflika has replaced 21 of his government\u2019s 27 ministers in a bid to calm demonstrators calling for his resignation, but some are still speculating he could announce his resignation this week. (<u><a href=\"https:\/\/www.bbc.com\/news\/world-africa-47768030\">BBC<\/a><\/u> | <u><a href=\"https:\/\/www.reuters.com\/article\/us-algeria-protests\/algerias-president-might-resign-this-week-private-tv-channels-idUSKCN1RC0BY\">Reuters<\/a><\/u>)<\/li>\n<li><b>Economic growth in the UAE picked up last year<\/b>, surging to 1.7% against 0.8% in 2017, but still falling short of estimates. (<u><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-31\/u-a-e-economic-growth-accelerates-in-2018-but-misses-estimates?srnd=premium-middle-east\">Bloomberg<\/a><\/u>)<\/li>\n<li><b>Zuckerberg\u2019s call for internet regulation raises eyebrows:<\/b> US lawmakers and industry figures have greeted Mark Zuckerberg\u2019s calls for (presumably pro-Facebook) internet regulation with scepticism. (<u><a href=\"https:\/\/www.ft.com\/content\/69b2fc4c-53d4-11e9-91f9-b6515a54c5b1\">FT<\/a><\/u>)<\/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\/asset-management\/\">asset management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/brexit\/\">Brexit<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- 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      <\/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-o61rm0e\" data-v=\"4\" data-block-id=\"o61rm0e\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-o61rm0e-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-o61rm0e-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button 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         class=\"\r\n                story-section            \"\r\n            id=\"602563\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/el-sisis-minimum-wage-increase-continues-to-dominate-the-airwaves\/\">\r\n                            El Sisi\u2019s minimum wage increase continues to dominate the airwaves                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown 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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/el-sisis-minimum-wage-increase-continues-to-dominate-the-airwaves\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=El Sisi\u2019s minimum wage increase continues to dominate the airwaves&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/el-sisis-minimum-wage-increase-continues-to-dominate-the-airwaves\/\">\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\/04\/01\/el-sisis-minimum-wage-increase-continues-to-dominate-the-airwaves\/&title=El Sisi\u2019s minimum wage increase continues to dominate the airwaves\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi%E2%80%99s+minimum+wage+increase+continues+to+dominate+the+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Fel-sisis-minimum-wage-increase-continues-to-dominate-the-airwaves%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\/04\/01\/el-sisis-minimum-wage-increase-continues-to-dominate-the-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602563\" class=\"content-area-description single-story post-602563 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-fuel tag-labor tag-public-sector 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 weekend decision to increase the minimum wage <\/b>to EGP 2,000 for state employees still dominates the airwaves. Al Hayah Al Youm\u2019s Khaled Abou Bakr pointed out that only a \u201crelatively financially healthy\u201d government would agree to bear an added EGP 60 bn (c. USD 3.5 bn) in annual burden, calling the decision \u201chistoric\u201d (<u><a href=\"https:\/\/www.youtube.com\/watch?v=uqIX550GmwQ\">watch, runtime: 3:22<\/a><\/u>). Abou Bakr and co-host Lobna Assal also cheered El Sisi\u2019s parallel decision to increase minimum pension payouts to EGP 900 (<u><a href=\"https:\/\/www.youtube.com\/watch?v=uqIX550GmwQ\">watch, runtime: 3:22<\/a><\/u>).<\/p>\n<p><b>The automatic fuel pricing mechanism taking effect today<\/b>, which will see the price of 95-octane held at EGP 7.75 per liter through 2Q2019, was the second most popular topic. El Hekaya\u2019s Amr Adib gave his two cents, setting the stage for his rant with his patented, \u201cI want to talk to you, folks, about an important matter\u201d (<u><a href=\"https:\/\/www.youtube.com\/watch?v=SL0AIuBPTI4\">watch, runtime: 2:01<\/a><\/u>). Oil Ministry spokesperson Hamdy Abdel Aziz, meanwhile, phoned in with Hona Asema\u2019s Reham Ibrahim to talk technicalities (<u><a href=\"https:\/\/www.youtube.com\/watch?v=W3C6JLHv040\">watch, runtime: 4:27<\/a><\/u>). We have more in the Speed Round, below.<\/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\/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\/fuel\/\">fuel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/labor\/\">labor<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/public-sector\/\">public sector<\/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=\"602564\" 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=\"602564\">\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\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/\">\r\n                            FinMin releases Egypt\u2019s draft FY2019-20 budget                        <\/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\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/\" 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\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/')\">\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\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/\">\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=FinMin releases Egypt\u2019s draft FY2019-20 budget&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/\">\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\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/&title=FinMin releases Egypt\u2019s draft FY2019-20 budget\">\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=FinMin+releases+Egypt%E2%80%99s+draft+FY2019-20+budget+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Ffinmin-releases-egypts-draft-fy2019-20-budget%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\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/662.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"602565\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/662-jpg-35\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/662.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"662.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/662.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/662.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602564\" class=\"content-area-description single-story post-602564 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-budgeting tag-enterpriseam tag-finance tag-fiscal-policy tag-house-of-representatives tag-legislation tag-social-welfare tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a><b> The state\u2019s FY2019-20 budget is now with the House: <\/b>The Finance Ministry sent yesterday its <u><a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/04\/Pre-Budget_2019-2020-Mar-2019.pdf\">draft FY2019-20 budget (pdf)<\/a><\/u> to the House of Representatives. The House needs to receive the draft at least 90 days before the start of the fiscal year on 1 July to have it signed into law by the end of June. Cabinet signed off on the draft last week. <b>Among the highlights:<\/b><\/p>\n<p><b>The budget deficit <\/b>is expected to fall to 7.2% of GDP, from 8.4% in the current fiscal year. The government will allow EGP 445.1 bn in new borrowing in the coming year.<\/p>\n<p><b>Revenues<\/b> are forecast to reach 1.13 tn \u2014 with tax collection rising 13% y-o-y to EGP 856.6 bn and other earnings up 30% to EGP 277.8 bn.<\/p>\n<p><b>State spending<\/b> should come in at EGP 1.57 tn, up 12% y-o-y from EGP 1.40 tnthis fiscal year. Among the highlights:<\/p>\n<ul>\n<li><b>Debt service payments,<\/b> which are projected to rise 6.5% to EGP 569 bn. That\u2019s the largest single spending item in the budet, accounting for just over 36% of total expenditures;<\/li>\n<li><b>The public wage bill<\/b> will rise 11.5% to EGP 301 bn, up by EGP 31 bn on the back of the president\u2019s <u><a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/31\/el-sisi-unveils-public-sector-wage-pension-increases\/\">decision on Saturday<\/a><\/u> to raise the minimum wage by 66%;<\/li>\n<li><b>Outlays on subsidies and social welfare payments<\/b> will climb 3.8% to EGP 327.7 bn even as electricity subsidies fall 37.5% to EGP 10 bn and spending on petroleum products is cut by 42%;<\/li>\n<li><b>Government investment<\/b> will rise 42.2% to EGP 211.2 bn;<\/li>\n<li><b>Spending on goods and services<\/b> will climb 24.6% to EGP 74.9 bn;<\/li>\n<li><b>Miscellaneous expenses<\/b> will climb 19.5% to EGP 90.4 bn, with the majority of the final item\u2019s spending being earmarked for the Armed Forces.<\/li>\n<\/ul>\n<p><b>Also in the forecast:<\/b><\/p>\n<ul>\n<li><b>Exchange rate: <\/b>The CBE average for 1-15 March (ie: EGP 17.46 to the greenback)<\/li>\n<li><b>GDP growth:<\/b> 6% by June 2020;<\/li>\n<li><b>Primary budget surplus:<\/b> 2%;<\/li>\n<li><b>Public debt:<\/b> 89% of GDP<\/li>\n<li><b>Unemployment:<\/b> 9.1% <\/li>\n<li><b>Population growth:<\/b> 2.3%.<\/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\/budgeting\/\">budgeting<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fiscal-policy\/\">fiscal policy<\/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\/social-welfare\/\">social welfare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"602581\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"602582\" 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=\"602582\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/egypt-in-the-news-on-01-april-2019\/\">\r\n                            Egypt in the News on 01 April 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\/04\/01\/egypt-in-the-news-on-01-april-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\/04\/01\/egypt-in-the-news-on-01-april-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\/04\/01\/egypt-in-the-news-on-01-april-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 01 April 2019.&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/egypt-in-the-news-on-01-april-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\/04\/01\/egypt-in-the-news-on-01-april-2019\/&title=Egypt in the News on 01 April 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+01+April+2019.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Fegypt-in-the-news-on-01-april-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\/04\/01\/egypt-in-the-news-on-01-april-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602582\" class=\"content-area-description single-story post-602582 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-al-ahly tag-egypt-in-the-news tag-enterpriseam tag-human-rights wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>It\u2019s a slow morning for Egypt in the international press <\/b>\u2014 So slow that the most widely covered story is the Cairo derby between Al Ahly and Zamalek. The match finished 0-0 as both teams struggled with a pitch \u201cso inundated with rainwater that every sliding tackle made a splash,\u201d <u><a href=\"https:\/\/www.thenational.ae\/world\/mena\/goalless-and-wet-egyptian-derby-a-lacklustre-affair-but-will-the-africa-cup-be-different-1.843692#1\">the National says<\/a><\/u>. <u><a href=\"http:\/\/www.xinhuanet.com\/english\/2019-03\/31\/c_137937243.htm\">Xihnua<\/a><\/u> and <u><a href=\"https:\/\/www.kingfut.com\/2019\/03\/30\/cairo-derby-borg-el-arab-rain\/\">KingFut<\/a><\/u> also have the story.<\/p>\n<p><b>Also making the rounds this morning:<\/b><\/p>\n<ul>\n<li><b>Fisk is still writing? <\/b>Amr Waked and Khaled Abol Naga\u2019s expulsion from the Actors\u2019 Syndicate is another example of the government\u2019s curtailing of workers\u2019 rights, Robert Fisk writes for <u><a href=\"https:\/\/www.independent.co.uk\/voices\/egypt-al-sisi-amr-waked-khaled-abol-naga-giulio-regeni-trade-unions-a8843731.html\">the Independent<\/a><\/u>.<\/li>\n<li><b>\u201cDangerous\u201d Egypt: <\/b>The daughter of a British couple that died mysteriously while on vacation in Hurghada is still in the headlines in the UK thanks to tabloid <u><a href=\"https:\/\/www.thesun.co.uk\/news\/8760042\/daughter-couple-died-holiday-warns-avoid-egypt\/\">the Sun<\/a><\/u>. <\/li>\n<li><b>Human rights: <\/b>Egypt is hosting the annual ACHPR and other international gatherings to distract from the country\u2019s deteriorating human rights situation, David Kode writes for <u><a href=\"https:\/\/www.opendemocracy.net\/en\/north-africa-west-asia\/egypt-hosting-african-commission-cover-human-rights-abuses\/\">OpenDemocracy<\/a><\/u>.<\/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\/al-ahly\/\">Al Ahly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/human-rights\/\">human rights<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"602583\" 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=\"602583\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE FRONT PAGES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/arab-rejection-of-israeli-sovereignty-over-el-golan-tops-state-owned-dailies\/\">\r\n                            Arab rejection of Israeli sovereignty over El Golan tops state-owned dailies                        <\/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\/04\/01\/arab-rejection-of-israeli-sovereignty-over-el-golan-tops-state-owned-dailies\/\" 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\/04\/01\/arab-rejection-of-israeli-sovereignty-over-el-golan-tops-state-owned-dailies\/')\">\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\/04\/01\/arab-rejection-of-israeli-sovereignty-over-el-golan-tops-state-owned-dailies\/\">\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=Arab rejection of Israeli sovereignty over El Golan tops state-owned dailies&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/arab-rejection-of-israeli-sovereignty-over-el-golan-tops-state-owned-dailies\/\">\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\/04\/01\/arab-rejection-of-israeli-sovereignty-over-el-golan-tops-state-owned-dailies\/&title=Arab rejection of Israeli sovereignty over El Golan tops state-owned dailies\">\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=Arab+rejection+of+Israeli+sovereignty+over+El+Golan+tops+state-owned+dailies+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Farab-rejection-of-israeli-sovereignty-over-el-golan-tops-state-owned-dailies%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\/04\/01\/arab-rejection-of-israeli-sovereignty-over-el-golan-tops-state-owned-dailies\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602583\" class=\"content-area-description single-story post-602583 post type-post status-publish format-standard hentry category-on-the-front-pages tag-enterpriseam tag-israel tag-middle-east tag-on-the-front-pages tag-politics wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>News that Arab leaders are rejecting Donald Trump\u2019s move to recognize Israeli sovereignty over the Golan Heights<\/b> topped the front pages of all three state-owned newspapers this morning (<u><a href=\"http:\/\/www.ahram.org.eg\/News\/202972\/25\/702868\/%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89\/%D9%82%D9%85%D8%A9-%C2%AB%D8%A7%D9%84%D8%B9%D8%B2%D9%85-%D9%88%D8%A7%D9%84%D8%AA%D8%B6%D8%A7%D9%85%D9%86%C2%BB-%D8%AA%D8%B1%D9%81%D8%B6-%D8%A7%D9%84%D9%85%D8%B3%D8%A7%D8%B3-%D8%A8%D8%B9%D8%B1%D9%88%D8%A8%D8%A9-%D8%A7%D9%84%D9%82%D8%AF%D8%B3-%D9%88%D8%A7%D9%84%D8%AC.aspx\">Al Ahram<\/a><\/u> | <u><a href=\"http:\/\/www.algomhuria.net.eg\/algomhuria\/today\/fpage\/\">Al Gomhuria<\/a><\/u> | <u><a href=\"https:\/\/www.pressreader.com\/egypt\/al-akhbar\">Al Akhbar<\/a><\/u>). The leaders gathered at the Arab League summit in Tunisia yesterday.<\/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\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/middle-east\/\">Middle East<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-front-pages\/\">On The Front Pages<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/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=\"602584\" 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=\"602584\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/richard-sorge-the-story-of-a-formidable-bond-like-wwii-soviet-spy\/\">\r\n                            Richard Sorge: The story of a formidable, Bond-like WWII Soviet spy                        <\/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\/04\/01\/richard-sorge-the-story-of-a-formidable-bond-like-wwii-soviet-spy\/\" 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\/04\/01\/richard-sorge-the-story-of-a-formidable-bond-like-wwii-soviet-spy\/')\">\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\/04\/01\/richard-sorge-the-story-of-a-formidable-bond-like-wwii-soviet-spy\/\">\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=Richard Sorge: The story of a formidable, Bond-like WWII Soviet spy&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/richard-sorge-the-story-of-a-formidable-bond-like-wwii-soviet-spy\/\">\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\/04\/01\/richard-sorge-the-story-of-a-formidable-bond-like-wwii-soviet-spy\/&title=Richard Sorge: The story of a formidable, Bond-like WWII Soviet spy\">\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=Richard+Sorge%3A+The+story+of+a+formidable%2C+Bond-like+WWII+Soviet+spy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Frichard-sorge-the-story-of-a-formidable-bond-like-wwii-soviet-spy%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\/04\/01\/richard-sorge-the-story-of-a-formidable-bond-like-wwii-soviet-spy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/88.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"602585\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/richard-sorge-the-story-of-a-formidable-bond-like-wwii-soviet-spy\/88-jpg-25\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/88.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"88.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/88.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/88.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602584\" class=\"content-area-description single-story post-602584 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-history tag-literature tag-politics tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Richard Sorge: The story of a formidable, Bond-like WWII Soviet spy: <\/b>A new book on the life of World War II era Soviet spy Richard Sorge \u2014 Owen Matthews\u2019 <u><a href=\"https:\/\/www.bloomsbury.com\/uk\/an-impeccable-spy-9781408857786\/\">An Impeccable Spy: Richard Sorge, Stalin\u2019s Master Agent<\/a><\/u> \u2014 is the first to tell his story through previously classified intelligence archives, Victor Sebestyen <u><a href=\"https:\/\/www.ft.com\/content\/fa11d17a-497d-11e9-bde6-79eaea5acb64\">writes for the Financial Times<\/a><\/u>. The work is a fresh Bond-like memoir of one of the finest, most \u201cimpeccable\u201d (alternatively dubbed \u201cformidable\u201d) agents in history. Arguably one of the most competent men of espionage to have ever lived, Sorge handed Joseph Stalin the detailed plan of Operation Barbarossa \u2014 Germany\u2019s summer 1941 invasion of the USSR \u2014 but failed to maintain the dictator\u2019s trust and ended up hanged in Japan for his spying.<\/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\/history\/\">History<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/literature\/\">literature<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"602586\" 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=\"602586\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/surging-demand-for-batteries-is-sending-us-to-the-deep-sea-for-metals\/\">\r\n                            Surging demand for batteries is sending us to the deep sea for metals                        <\/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\/04\/01\/surging-demand-for-batteries-is-sending-us-to-the-deep-sea-for-metals\/\" 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\/04\/01\/surging-demand-for-batteries-is-sending-us-to-the-deep-sea-for-metals\/')\">\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\/04\/01\/surging-demand-for-batteries-is-sending-us-to-the-deep-sea-for-metals\/\">\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=Surging demand for batteries is sending us to the deep sea for metals&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/surging-demand-for-batteries-is-sending-us-to-the-deep-sea-for-metals\/\">\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\/04\/01\/surging-demand-for-batteries-is-sending-us-to-the-deep-sea-for-metals\/&title=Surging demand for batteries is sending us to the deep sea for metals\">\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=Surging+demand+for+batteries+is+sending+us+to+the+deep+sea+for+metals+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Fsurging-demand-for-batteries-is-sending-us-to-the-deep-sea-for-metals%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\/04\/01\/surging-demand-for-batteries-is-sending-us-to-the-deep-sea-for-metals\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/2544.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"602587\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/surging-demand-for-batteries-is-sending-us-to-the-deep-sea-for-metals\/2544-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/2544.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2544.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/2544.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/2544.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602586\" class=\"content-area-description single-story post-602586 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-batteries tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Surging demand for batteries is sending us to the deep sea for metals:<\/b> The FT explores the surge in demand for niche metals used in electric car batteries fueling a race to successfully mine the deep sea, where metal reserves exceed that on land several times over (<u><a href=\"https:\/\/rethink.ft.com\/?play=deep-sea&utm_source=ft&utm_medium=carousel\">watch, runtime: 2:24<\/a><\/u>).<\/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\/batteries\/\">batteries<\/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=\"602588\" 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=\"602588\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/dana-gas-receives-usd-19-mn-from-egypt-operations\/\">\r\n                            Dana Gas receives USD 19 mn from Egypt operations                        <\/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\/04\/01\/dana-gas-receives-usd-19-mn-from-egypt-operations\/\" 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\/04\/01\/dana-gas-receives-usd-19-mn-from-egypt-operations\/')\">\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\/04\/01\/dana-gas-receives-usd-19-mn-from-egypt-operations\/\">\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=Dana Gas receives USD 19 mn from Egypt operations&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/dana-gas-receives-usd-19-mn-from-egypt-operations\/\">\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\/04\/01\/dana-gas-receives-usd-19-mn-from-egypt-operations\/&title=Dana Gas receives USD 19 mn from Egypt operations\">\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=Dana+Gas+receives+USD+19+mn+from+Egypt+operations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Fdana-gas-receives-usd-19-mn-from-egypt-operations%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\/04\/01\/dana-gas-receives-usd-19-mn-from-egypt-operations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602588\" class=\"content-area-description single-story post-602588 post type-post status-publish format-standard hentry category-energy tag-dana-gas tag-energy tag-enterpriseam tag-oil-and-gas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Dana Gas received USD 19 mn from its operations in Egypt, including the EGP equivalent of USD 10 mn of receivables from the Egyptian government and another USD 9 mn from the sale of natural gas condensate, the company <u><a href=\"http:\/\/www.danagas.com\/en-us\/media-center\/press-releases\/press-release-details?ID=309\">announced yesterday<\/a><\/u>. Dana Gas\u2019 outstanding receivables from Egypt has now reached USD 140 mn, its lowest level since 2011.<\/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\/dana-gas\/\">Dana Gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/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=\"602590\" 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=\"602590\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/kenya-based-zep-re-to-set-up-shop-in-egypt-within-one-year\/\">\r\n                            Kenya-based ZEP-RE to set up shop in Egypt within one year                        <\/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\/04\/01\/kenya-based-zep-re-to-set-up-shop-in-egypt-within-one-year\/\" 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\/04\/01\/kenya-based-zep-re-to-set-up-shop-in-egypt-within-one-year\/')\">\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\/04\/01\/kenya-based-zep-re-to-set-up-shop-in-egypt-within-one-year\/\">\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=Kenya-based ZEP-RE to set up shop in Egypt within one year&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/kenya-based-zep-re-to-set-up-shop-in-egypt-within-one-year\/\">\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\/04\/01\/kenya-based-zep-re-to-set-up-shop-in-egypt-within-one-year\/&title=Kenya-based ZEP-RE to set up shop in Egypt within one year\">\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=Kenya-based+ZEP-RE+to+set+up+shop+in+Egypt+within+one+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Fkenya-based-zep-re-to-set-up-shop-in-egypt-within-one-year%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\/04\/01\/kenya-based-zep-re-to-set-up-shop-in-egypt-within-one-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602590\" class=\"content-area-description single-story post-602590 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure tag-non-banking-financial-services wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Kenya-based <u><a href=\"http:\/\/www.zep-re.com\/\">ZEP-RE<\/a><\/u> (PTA Reinsurance Company) is looking to set up a regional office in Egypt within one year, a source from the insurance industry <u><a href=\"https:\/\/almalnews.com\/%D8%B9%D8%A8%D8%B1-%D9%85%D9%83%D8%AA%D8%A8-%D8%AA%D9%85%D8%AB%D9%8A%D9%84-zep-re-%D8%A7%D9%84%D9%83%D9%8A%D9%86%D9%8A%D8%A9-%D9%84%D8%A5%D8%B9%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%AA%D8%A3\/\">told Al Mal<\/a><\/u>. There was no mention of the size of the investment, but the source added that Egypt will serve as a hub for the company\u2019s regional operations. ZEP-RE is specialized in <u><a href=\"https:\/\/www.investopedia.com\/terms\/r\/reinsurance.asp\">reinsurance trading<\/a><\/u> and is headquartered in Nairobi. The company operates in Ivory Coast, Zimbabwe, Cameroon, Zambia and Sudan through a string of representation offices.<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/non-banking-financial-services\/\">non-banking financial services<\/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=\"602591\" 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=\"602591\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tecnimont-bids-for-operations-and-maintenance-for-kima-2-plant\/\">\r\n                            Tecnimont bids for operations and maintenance for Kima 2 plant                        <\/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\/04\/01\/tecnimont-bids-for-operations-and-maintenance-for-kima-2-plant\/\" 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\/04\/01\/tecnimont-bids-for-operations-and-maintenance-for-kima-2-plant\/')\">\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\/04\/01\/tecnimont-bids-for-operations-and-maintenance-for-kima-2-plant\/\">\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=Tecnimont bids for operations and maintenance for Kima 2 plant&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tecnimont-bids-for-operations-and-maintenance-for-kima-2-plant\/\">\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\/04\/01\/tecnimont-bids-for-operations-and-maintenance-for-kima-2-plant\/&title=Tecnimont bids for operations and maintenance for Kima 2 plant\">\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=Tecnimont+bids+for+operations+and+maintenance+for+Kima+2+plant+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Ftecnimont-bids-for-operations-and-maintenance-for-kima-2-plant%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\/04\/01\/tecnimont-bids-for-operations-and-maintenance-for-kima-2-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602591\" class=\"content-area-description single-story post-602591 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam tag-fertilizers tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Marie Tecnimont is in negotiations with Egyptian chemicals company Kima to handle operations and maintenance for Kima\u2019s new manufacturing facility, Kima 2, <u><a href=\"https:\/\/almalnews.com\/%D8%AA%D9%83%D9%86%D9%88%D9%85%D9%86%D8%AA-%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D9%83%D9%8A%D9%85%D8%A7-%D9%84%D8%AA%D8%B4%D8%BA%D9%8A%D9%84-%D9%85%D8%B5%D9%86%D8%B9-%D8%A7%D9%84%D8%A3%D8%B3\/\">according to Al Mal<\/a><\/u>. The Italian company was previously contracted to execute the EGP 11.6 bn plant. We had <u><a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/28\/kima-to-commence-trial-operations-on-new-facility-starting-june\/\">previously reported<\/a><\/u> that the project is partly financed by a consortium of six banks.<\/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\/fertilizers\/\">fertilizers<\/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=\"602592\" 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=\"602592\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/teda-to-invest-usd-320-mn-in-suez-canal-development-projects\/\">\r\n                            Teda to invest USD 320 mn in Suez Canal development projects                        <\/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\/04\/01\/teda-to-invest-usd-320-mn-in-suez-canal-development-projects\/\" 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\/04\/01\/teda-to-invest-usd-320-mn-in-suez-canal-development-projects\/')\">\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\/04\/01\/teda-to-invest-usd-320-mn-in-suez-canal-development-projects\/\">\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=Teda to invest USD 320 mn in Suez Canal development projects&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/teda-to-invest-usd-320-mn-in-suez-canal-development-projects\/\">\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\/04\/01\/teda-to-invest-usd-320-mn-in-suez-canal-development-projects\/&title=Teda to invest USD 320 mn in Suez Canal development projects\">\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=Teda+to+invest+USD+320+mn+in+Suez+Canal+development+projects+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Fteda-to-invest-usd-320-mn-in-suez-canal-development-projects%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\/04\/01\/teda-to-invest-usd-320-mn-in-suez-canal-development-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602592\" class=\"content-area-description single-story post-602592 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-investment-watch tag-manufacturing tag-suez-canal wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Teda Investment company has signed agreements with a consortium of eight other investment firms to offer USD 320 mn in financing for projects in Ain Sokhna as part of the Suez Canal development efforts, according to statements from Teda CEO Nahla Emad <u><a href=\"https:\/\/www.amwalalghad.com\/2019\/03\/31\/%D8%AA%D9%8A%D8%AF%D8%A7-%D9%85%D8%B5%D8%B1-%D8%AA%D8%AA%D8%B9%D8%A7%D9%82%D8%AF-%D9%85%D8%B9-8-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%84%D8%B6%D8%AE-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7\/\">reported by the local press.<\/a><\/u><\/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\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/suez-canal\/\">Suez Canal<\/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=\"602593\" 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=\"602593\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/transport-minister-meets-with-world-bank-delegation-over-railway-projects\/\">\r\n                            Transport Minister meets with World Bank delegation over railway projects                        <\/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\/04\/01\/transport-minister-meets-with-world-bank-delegation-over-railway-projects\/\" 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\/04\/01\/transport-minister-meets-with-world-bank-delegation-over-railway-projects\/')\">\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\/04\/01\/transport-minister-meets-with-world-bank-delegation-over-railway-projects\/\">\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=Transport Minister meets with World Bank delegation over railway projects&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/transport-minister-meets-with-world-bank-delegation-over-railway-projects\/\">\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\/04\/01\/transport-minister-meets-with-world-bank-delegation-over-railway-projects\/&title=Transport Minister meets with World Bank delegation over railway projects\">\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=Transport+Minister+meets+with+World+Bank+delegation+over+railway+projects+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Ftransport-minister-meets-with-world-bank-delegation-over-railway-projects%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\/04\/01\/transport-minister-meets-with-world-bank-delegation-over-railway-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602593\" class=\"content-area-description single-story post-602593 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam tag-transport tag-world-bank wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Transport Minister Kamel El Wazir met yesterday with a delegation from the World Bank to review joint projects and discuss further avenues for cooperation to upgrade the safety and security system of Egypt\u2019s railways, <u><a href=\"http:\/\/mot.gov.eg\/%D8%A7%D9%84%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1\/%D8%AE%D9%84%D8%A7%D9%84-%D9%84%D9%82%D8%A7%D8%A6%D9%87-%D9%85%D8%B9-%D9%88%D9%81%D8%AF-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%86\/\">according to a ministry statement<\/a><\/u>.<\/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\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/world-bank\/\">World 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=\"602595\" 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=\"602595\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/al-marasem-agrees-sharia-compliant-credit-facilities-worth-egp-1-6-bn-for-fifth-square-residential-project\/\">\r\n                            Al Marasem agrees Sharia-compliant credit facilities worth EGP 1.6 bn for Fifth Square residential project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/al-marasem-agrees-sharia-compliant-credit-facilities-worth-egp-1-6-bn-for-fifth-square-residential-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/al-marasem-agrees-sharia-compliant-credit-facilities-worth-egp-1-6-bn-for-fifth-square-residential-project\/')\">\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\/04\/01\/al-marasem-agrees-sharia-compliant-credit-facilities-worth-egp-1-6-bn-for-fifth-square-residential-project\/\">\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 Marasem agrees Sharia-compliant credit facilities worth EGP 1.6 bn for Fifth Square residential project&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/al-marasem-agrees-sharia-compliant-credit-facilities-worth-egp-1-6-bn-for-fifth-square-residential-project\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/al-marasem-agrees-sharia-compliant-credit-facilities-worth-egp-1-6-bn-for-fifth-square-residential-project\/&title=Al Marasem agrees Sharia-compliant credit facilities worth EGP 1.6 bn for Fifth Square residential project\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Al+Marasem+agrees+Sharia-compliant+credit+facilities+worth+EGP+1.6+bn+for+Fifth+Square+residential+project+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Fal-marasem-agrees-sharia-compliant-credit-facilities-worth-egp-1-6-bn-for-fifth-square-residential-project%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/al-marasem-agrees-sharia-compliant-credit-facilities-worth-egp-1-6-bn-for-fifth-square-residential-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602595\" class=\"content-area-description single-story post-602595 post type-post status-publish format-standard hentry category-banking-finance tag-adib-capital tag-banking-finance tag-enterpriseam tag-export-development-bank-of-egypt tag-misr-iran-development-bank tag-national-bank-of-egypt wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Al Marasem Development signed contracts for Sharia-compliant revolving credit facilities worth EGP 1.6 bn with a consortium of six banks to finance its residential project \u201cFifth Square\u201d in Cairo\u2019s Fifth Settlement, <u><a href=\"https:\/\/almalnews.com\/6-%D8%A8%D9%86%D9%88%D9%83-%D8%AA%D9%88%D9%82%D8%B9-%D8%B9%D9%82%D9%88%D8%AF-1-6-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87-%D9%84%D9%84%D9%85%D8%B1%D8%A7%D8%B3%D9%85-%D8%A7%D9%84%D8%AF\/\">unnamed sources tell Al Mal<\/a><\/u>. The Export Development Bank Of Egypt and Misr Iran Development Bank agreed to lend a combined EGP 425 mn while the Banque Misr agreed to extend EGP 800 mn. ADIB Capital acted as the financial advisor for the agreement.<\/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\/adib-capital\/\">ADIB Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/export-development-bank-of-egypt\/\">Export Development Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/misr-iran-development-bank\/\">Misr Iran Development Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-bank-of-egypt\/\">National Bank of Egypt<\/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=\"602597\" 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=\"602597\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/suez-canal-authority-signs-agreement-to-purchase-two-vessels\/\">\r\n                            Suez Canal Authority signs agreement to purchase two vessels                        <\/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\/04\/01\/suez-canal-authority-signs-agreement-to-purchase-two-vessels\/\" 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\/04\/01\/suez-canal-authority-signs-agreement-to-purchase-two-vessels\/')\">\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\/04\/01\/suez-canal-authority-signs-agreement-to-purchase-two-vessels\/\">\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=Suez Canal Authority signs agreement to purchase two vessels&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/suez-canal-authority-signs-agreement-to-purchase-two-vessels\/\">\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\/04\/01\/suez-canal-authority-signs-agreement-to-purchase-two-vessels\/&title=Suez Canal Authority signs agreement to purchase two vessels\">\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=Suez+Canal+Authority+signs+agreement+to+purchase+two+vessels+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Fsuez-canal-authority-signs-agreement-to-purchase-two-vessels%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\/04\/01\/suez-canal-authority-signs-agreement-to-purchase-two-vessels\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602597\" class=\"content-area-description single-story post-602597 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note tag-suez-canal wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Suez Canal Authority has signed an agreement to purchase two new towage vessels with a tow capability of 70 tonnes each from Maersk subsidiary Svitzer, <u><a href=\"https:\/\/www.mubasher.info\/news\/3445030\/%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3-%D8%AA%D8%AA%D8%B3%D9%84%D9%85-%D9%82%D8%A7%D8%B7%D8%B1%D8%AA%D9%8A%D9%86-%D8%AC%D8%AF%D9%8A%D8%AF%D8%AA%D9%8A%D9%86-%D9%85%D9%86-%D8%AA%D8%A7%D8%A8%D8%B9%D8%A9-%D9%84%D9%80-%D9%85%D9%8A%D8%B1%D8%B3%D9%83-%D8%AE%D9%84%D8%A7%D9%84-%D8%A3%D8%B4%D9%87%D8%B1\">reports Mubasher.<\/a><\/u> The vessels are expected to be delivered within four months.<\/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\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/suez-canal\/\">Suez Canal<\/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=\"602599\" 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=\"602599\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/egyptian-french-joint-naval-drill-kicks-off-in-france\/\">\r\n                            Egyptian-French joint naval drill kicks off in France                        <\/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\/04\/01\/egyptian-french-joint-naval-drill-kicks-off-in-france\/\" 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\/04\/01\/egyptian-french-joint-naval-drill-kicks-off-in-france\/')\">\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\/04\/01\/egyptian-french-joint-naval-drill-kicks-off-in-france\/\">\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-French joint naval drill kicks off in France&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/egyptian-french-joint-naval-drill-kicks-off-in-france\/\">\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\/04\/01\/egyptian-french-joint-naval-drill-kicks-off-in-france\/&title=Egyptian-French joint naval drill kicks off in France\">\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-French+joint+naval+drill+kicks+off+in+France+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F01%2Fegyptian-french-joint-naval-drill-kicks-off-in-france%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\/04\/01\/egyptian-french-joint-naval-drill-kicks-off-in-france\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602599\" class=\"content-area-description single-story post-602599 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-france tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>A joint Egyptian-French combined naval military activity titled 'Cleopatra-Gapian 2019' kicked off in France yesterday, carrying out drills focused on preventing terrorist acts, protecting cargo ships and searching suspicious vessels, <u><a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/photos\/a.219625808168409\/1550762345054742\/?type=3&theater\">the armed forces said in a statement<\/a><\/u>.<\/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\/france\/\">France<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"602600\" 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=\"602600\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/ja-rule-comes-to-egypt\/\">\r\n                            Ja Rule comes to Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/ja-rule-comes-to-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/ja-rule-comes-to-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/ja-rule-comes-to-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Ja Rule comes to Egypt&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/ja-rule-comes-to-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n       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         \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/ja-rule-comes-to-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/651.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"602601\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/ja-rule-comes-to-egypt\/651-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/651.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"651.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/651.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/651.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602600\" class=\"content-area-description single-story post-602600 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Ja Rule comes to Egypt \u2014 are we going to host Fyre Festival 2.0?<\/b> Rapper, Fyre festival investor, and walking meme Ja Rule, was in town with his wife over the weekend visiting the pyramids and the Great Library of Alexandria, according to <u><a href=\"https:\/\/www.facebook.com\/CairoScene\/posts\/2335679143129444?__xts__%5b0%5d=68.ARC_OZoSTBUZ3281DIJTDpIKpyxUeBQUlZEEj2seH7MRjKp5gBEgWAyjPcSfqI2WoOmp43fnAinn9Wp4Ed_6yxW1PkqiOGG1rEwOPRvet9FJbevCJIc7ZVgWyWTMO1rIXzHleaXlk97aE9OCWIOM6AgLVVq7KOcb_HRhq4syvbuoGXlSCn2T0C_b9_lUJ6bE75kgHPx2Z7By2icPOYqWIR9l95kqRP-ocdTKFvYGebTy4CxxoCyPS4KaAkZI0v0Ut_cNQQH9TPxKgKnNJcuNY4Mul2VkYiS54UoyNjveGnQxQOcWB6JZr-S6tKe6tBtrECuadIVjp05fMW6VdKS5rM5NYg&__tn__=-R\">online tab CairoScene<\/a><\/u>. We can\u2019t help but hope he wasn\u2019t here to scout a location for the second edition of the disaster that was Fyre Festival.<\/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<section id=\"602602\" 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=\"602602\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/the-market-yesterday-440\/\">\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\/04\/01\/the-market-yesterday-440\/\" 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\/04\/01\/the-market-yesterday-440\/')\">\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\/04\/01\/the-market-yesterday-440\/\">\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\/04\/01\/the-market-yesterday-440\/\">\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\/04\/01\/the-market-yesterday-440\/&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%2F04%2F01%2Fthe-market-yesterday-440%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\/04\/01\/the-market-yesterday-440\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602602\" class=\"content-area-description single-story post-602602 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 17.27 | Sell 17.37<b><\/p>\n<p> EGP \/ USD at CIB:<\/b> Buy 17.28 | Sell 17.38<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 17.26 | Sell 17.36<\/p>\n<p><b>EGX30<\/b> (Sunday): 14,738 (+0.5%)<\/p>\n<p> <b>Turnover:<\/b> EGP 529 mn (43% below the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +13.1%<\/p>\n<p><b>THE MARKET ON SUNDAY:<\/b> The EGX30 ended Sunday\u2019s session up 0.5%. CIB, the index heaviest constituent ended up 0.3%. EGX30\u2019s top performing constituents were EFG Hermes up 2.8%, Heliopolis Housing up 2.7%, and TMG Holding up 2.1%. Yesterday\u2019s worst performing stocks were Orascom Development Egypt down 2.2%, Ezz Steel down 2.1% and Emaar Misr down 1.4%. The market turnover was EGP 529 mn, and regional investors were the sole net sellers.<\/p>\n<p><b>Foreigners<\/b>: Net Long | EGP +35.6 mn<\/p>\n<p> <b>Regional<\/b>: Net Short| EGP -89.5 mn<\/p>\n<p> <b>Domestic<\/b>: Net Long | EGP +53.9 mn<\/p>\n<p><b>Retail<\/b>: 57.7% of total trades | 59.7% of buyers | 55.7% of sellers<\/p>\n<p> <b>Institutions<\/b>: 42.3% of total trades | 40.3% of buyers | 44.3% of sellers<\/p>\n<p><b>WTI:<\/b> USD 60.34 (+0.33%)<\/p>\n<p> <b>Brent:<\/b> USD 67.85 (+0.40%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.67 MMBtu, (+0.40%, May 2019)<\/p>\n<p> <b>Gold:<\/b> USD 1,296.40 \/ troy ounce (-0.16%)<\/p>\n<\/p>\n<p><b>TASI:<\/b> 8,819.44 (+0.35%) (YTD: +12.68%)<\/p>\n<p> <b>ADX:<\/b> 5,074.65 (-0.52%) (YTD: +3.25%)<\/p>\n<p> <b>DFM:<\/b> 2,634.86 (+0.14%) (YTD: +4.15%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 5,986.87 (+0.48%)<\/p>\n<p> <b>QE<\/b>: 10,107.42 (-0.38%) (YTD: -1.86%)<\/p>\n<p> <b>MSM<\/b>: 3,983.66 (-0.55%) (YTD: -7.87%)<\/p>\n<p> <b>BB<\/b>: 1,413.32 (-0.02%) (YTD: +5.69%)<\/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=\"602603\" 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\/04\/01\/602603\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-602603\" class=\"content-area-description single-story post-602603 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>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): <u><a href=\"http:\/\/egyptscience.net\/AMLTA19\/home.html\">International Conference on Advanced Machine Learning<\/a><\/u> Technologies and Applications, Venue TBD, Cairo, Egypt.<\/p>\n<p>30 March (Saturday): <u><a href=\"https:\/\/egypt.tradersfair.com\/\">Traders Fair<\/a><\/u>, Nile Ritz Carlton, Garden City, Cairo, Egypt.<\/p>\n<p>30-31 March (Saturday-Sunday): <u><a href=\"https:\/\/www.ierek.com\/events\/architecture-engineering-and-technology#introduction\">International Conference on Architecture Engineering and Technologies<\/a><\/u>, Grand Nile Tower Hotel, Cairo, Egypt.<\/p>\n<p>April: The African Tripartite Trade Area (<u><a href=\"https:\/\/en.wikipedia.org\/wiki\/Tripartite_Free_Trade_Area\">TFTA<\/a><\/u>) agreement is set to take effect in April after a majority from the participating governments ratified it, <u><a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=12122018&id=fa6e13de-e3be-48fc-a76d-b65af91f3545\">COMESA Secretary General Chileshe Kapwepwe said<\/a><\/u>.<\/p>\n<p>April: A World Bank delegation <u><a href=\"https:\/\/www.alborsaanews.com\/2019\/03\/10\/1184974\">will be in town<\/a><\/u> to review current investment legislation, economic policies and administrative reforms as part of the preparations for next year\u2019s Ease of Doing Business Report. Egypt jumped eight spots to rank 120th out of 190 countries in the <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/01\/egypt-jumps-8-spots-in-world-banks-2019-ease-of-doing-business-report\/\">2019 Doing Business report<\/a><\/u>.<\/p>\n<p>April: Russian companies will receive the first 1 square-km plot in the 5.2 square-km Russian Industrial Zone within the Suez Canal Economic Zone<\/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): <u><a href=\"http:\/\/www.infraafrica-me.com\/\">Infra Africa & Middle East Expo<\/a><\/u>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>2-5 April: <u><a href=\"https:\/\/yearofenergy2019.com\/appo\/\">APPO Cape VII petroleum and energy conference<\/a><\/u>, Malabo, Equatorial Guinea.<\/p>\n<p>4 April: Egypt\u2019s Emirates NBD PMI for March released.<\/p>\n<p>4-6 April: LafargeHolcim <u><a href=\"https:\/\/www.lafargeholcim-foundation.org\/media\/news\/forum\/forum-2019-announcement\">Forum for sustainable Construction<\/a><\/u>, American University in Cairo.<\/p>\n<p>10 April: <u><a href=\"https:\/\/www.facebook.com\/events\/egypt-retail-summit-2019\/1252116284943127\/\">Egyptian Retail Summit<\/a><\/u> (ERS 2019), Nile Ritz Carlton, Garden City, Cairo, Egypt.<\/p>\n<p>9-11 April (Tuesday-Thursday): <u><a href=\"http:\/\/www.mtc.edu.eg\/mtcwebsite\/ReadMore.aspx?id=6\">International Conference on Aerospace Sciences & Aviation Technology<\/a><\/u>, Military Technical College, Cairo.<\/p>\n<p>9-12 April (Tuesday-Friday): <u><a href=\"http:\/\/www.icnt.org\/\">International Conference on Network Technology<\/a><\/u>, The British University in Egypt, Cairo.<\/p>\n<p>9-12 April (Tuesday-Friday): <u><a href=\"http:\/\/www.icsie.org\/\">International Conference on Software and Information Engineering<\/a><\/u>, The British University in Egypt, Cairo.<\/p>\n<p>16-17 April (Tuesday-Wednesday): <u><a href=\"https:\/\/www.metalbulletin.com\/events\/north-africa-iron-and-steel-conference\/details.html\">North Africa Iron and Steel Conference<\/a><\/u>, Four Seasons Nile Plaza, Cairo.<\/p>\n<p>17-18 April (Wednesday-Thursday): <u><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><\/u>, Vienna, Austria.<\/p>\n<p>21 April (Sunday): A court <u><a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/227700_1.pdf\">will look into<\/a><\/u> a lawsuit by a subsidiary of Arabian Investments, Development and Financial Investment Holding Co. (AIND) against Peugeot Citroen. The lawsuit, seeking EUR 150 mn in damages, was <u><a href=\"https:\/\/alborsaanews.com\/2019\/02\/04\/1174960\">postponed from 17 March<\/a><\/u>.<\/p>\n<p>21 April (Sunday): <u><a href=\"http:\/\/www.rtise-emea.com\/en\/index.php\/en\/\">RT Imaging Summit & Expo-EMEA<\/a><\/u>, InterContinental City Stars, Nasr City, Cairo, Egypt.<\/p>\n<p>21-22 April (Sunday-Monday): <u><a href=\"http:\/\/www.egyptcsrforum.com\/\">Egypt CSR Summit<\/a><\/u>, 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>May: 50 Egyptian companies are set to <u><a href=\"https:\/\/www.elwatannews.com\/news\/details\/4078286\">visit Libya<\/a><\/u> to discuss trade, investment and reconstruction.<\/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>1H2019 (date TBD): Investment Minister Sahar Nasr <u><a href=\"https:\/\/www.almalnews.com\/Story\/414224\/15\/-%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D9%83%D8%B3%D9%8A%D9%83-%D8%A8%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9--%D9%88%D9%81%D8%AF-%D9%85%D8%B5%D8%B1%D9%89-%D9%81%D9%89-%C2%AB%D9%85%D9%83%D8%B3%D9%8A%D9%83%D9%88-%D8%B3%D9%8A%D8%AA%D9%89%C2%BB-%D9%85%D9%86%D8%AA\">will head a delegation<\/a><\/u> of businessmen into Mexico City to explore cooperation avenues with the Latin American country.<\/p>\n<p>June: International Forum for small and medium enterprises (SMEs).<\/p>\n<p>04-05 June (Tuesday-Wednesday): <u><a href=\"https:\/\/www.ges2019.org\/\">Global Entrepreneurship Summit<\/a><\/u>, The Hague, the Netherlands<\/p>\n<p>05-06 June (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n<p>11-12 June (Tuesday-Wednesday): <u><a href=\"http:\/\/www.szwgroup.com\/offshore-mena-congress-2019\/\">Offshore Congress MENA<\/a><\/u>, 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): <u><a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-north-africa\/index.stm\">Seamless North Africa<\/a><\/u>, Nile Ritz-Carlton, Cairo.<\/p>\n<p>17-19 June (Monday-Wednesday): <u><a href=\"http:\/\/platforms-root-technologies.com\/ctw\/\">Cairo Technology Week<\/a><\/u>, 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): <u><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><\/u> for Amer Group vs. Antaradous for Touristic Development<\/p>\n<p>28-29 June (Friday-Saturday): <u><a href=\"https:\/\/www.japan.go.jp\/g20japan\/\">G20 Global Economic Summit<\/a><\/u>, Osaka, Japan.<\/p>\n<p>30 June (Sunday): June 2013 protests anniversary, 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): <u><a href=\"http:\/\/ledmiddleeast-expo.com\/\">LED Middle East Expo<\/a><\/u>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23 July (Tuesday): 23 July revolution anniversary, 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): <u><a href=\"https:\/\/www.thebig5constructegypt.com\/\">The Big 5 Construct Egypt<\/a><\/u>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>8-11 September (Sunday-Wednesday): <u><a href=\"https:\/\/www.saharaexpo.com\/en\/home.html\">Sahara Expo<\/a><\/u>, 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): <u><a href=\"http:\/\/biwarabia.com\/en\/\">Big Industrial Week Arabia 2019<\/a><\/u>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23-24 October (Wednesday-Thursday): <u><a href=\"http:\/\/platforms-root-technologies.com\/icec-2019\/\">Intelligent Cities Exhibition & Conference<\/a><\/u>, 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): <u><a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html\">Electrix 2019<\/a><\/u>, 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): <u><a href=\"https:\/\/geomeast.org\/\">GeoMEast International Congress and Exhibition<\/a><\/u>, Marriott, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <u><a href=\"http:\/\/www.mactech.com.eg\/\">Machtech Expo<\/a><\/u>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <u><a href=\"http:\/\/www.transpotech-eg.com\/\">Transpotech Expo<\/a><\/u>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <u><a href=\"http:\/\/www.airtech-eg.com\/\">Airtech Expo<\/a><\/u>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>December: Egypt <u><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><\/u> the Pack Process trade expo for the Middle East and African region.<\/p>\n<p>3-6 December (Tuesday-Friday): <u><a href=\"http:\/\/www.cairowoodshow.com\/\">Cairo WoodShow<\/a><\/u>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <u><a href=\"http:\/\/www.pacprocess-mea.com\/\">Pacprocess Middle East Africa<\/a><\/u>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <u><a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa 2019 Expo<\/a><\/u>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>10-11 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>9-12 January 2020 (Tuesday-Sunday): <u><a href=\"http:\/\/www.plastex-online.com\/\">PLASTEX<\/a><\/u>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25 January 2020 (Saturday): 25 January revolution anniversary \/ Police Day, national holiday.<\/p>\n<p>11-13 February 2020 (Tuesday-Thursday): <u><a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a><\/u>, Egypt International<\/p>\n<p>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":602560,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-602559","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"fe31f770-4de2-4c6c-a3ae-ab02002a837c","teaser":"","photo_url":"https:\/\/ent.news\/2016\/12\/887.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>It is now officially budget season, ladies and gentlemen - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/it-is-now-officially-budget-season-ladies-and-gentlemen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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