{"id":603305,"date":"2019-04-18T04:00:36","date_gmt":"2019-04-18T04:00:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=603305"},"modified":"2025-12-16T23:17:22","modified_gmt":"2025-12-16T23:17:22","slug":"moodys-upgrades-egypts-credit-rating-to-b2-with-stable-outlook","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/moodys-upgrades-egypts-credit-rating-to-b2-with-stable-outlook\/","title":{"rendered":"Moody\u2019s upgrades Egypt\u2019s credit rating to B2 with stable outlook"},"content":{"rendered":"<section id=\"603307\" 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=\"603307\">\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\/18\/what-were-tracking-on-18-april-2019\/\">\r\n                            What we\u2019re tracking on 18 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\/18\/what-were-tracking-on-18-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\/18\/what-were-tracking-on-18-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\/18\/what-were-tracking-on-18-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 18 April 2019.&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/what-were-tracking-on-18-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\/18\/what-were-tracking-on-18-april-2019\/&title=What we\u2019re tracking on 18 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+18+April+2019.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F18%2Fwhat-were-tracking-on-18-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\/18\/what-were-tracking-on-18-april-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603307\" class=\"content-area-description single-story post-603307 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-belt-and-road-initiative tag-china tag-diplomacy tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><b>Look for purple fingers this weekend <\/b>as we head to the polls to vote on the <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/17\/mps-vote-overwhelmingly-in-favor-of-constitutional-amendments\/\">proposed constitutional amendments<\/a>. Polls open on Saturday, 20 April and will close in the evening on Monday. Expats start voting tomorrow, with polls closing on Sunday. You can read the statement by the <a href=\"https:\/\/www.elections.eg\/images\/pdfs\/decrees\/nea-decree-ref19-26_2019.pdf?fbclid=IwAR3Q0cqb2kEpUArBkXBUlStF3uQx8zNbgbXwtXCWAa8b5-To3xXNPMi3pas\">National Elections Authority here<\/a>.<\/p><p><b>An Egyptian delegation is in New York for the UN Financing for Development Forum,<\/b> which will wrap up today, according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1233720126806350?__tn__=K-R\">cabinet statement.<\/a> The delegation, led by Nada Massoud, economic advisor to Planning Minister Hala El Said, is there to discuss sustainable development policies and put the spotlight on the Benban solar park in Aswan.<\/p><p>[<em><strong>Correction:<\/strong> The version of this story in our email edition incorrectly stated that the delegation was led by Hala El Said.<\/em><span style=\"text-decoration: underline;\">]<\/span><\/p><p><b>Things we\u2019re keeping our eye on next week:<\/b><\/p><ul>\n<li><b>The <\/b><a href=\"http:\/\/www.rtise-emea.com\/en\/index.php\/en\/\"><b>RT Imaging Summit &amp; Expo-EMEA<\/b><\/a><b> will take place<\/b> at the InterContinental City Stars, Nasr City, on Sunday, 21 April.<\/li>\n<li><b>The two-day <\/b><a href=\"http:\/\/www.egyptcsrforum.com\/\"><b>Egypt CSR Summit<\/b><\/a><b> will also get underway<\/b> at the InterContinental on 21 April.<\/li>\n<li><b>The Fairmont Nile City Hotel will host a SME Corporate Governance Worksho<\/b>p on 23-24 April.<\/li>\n<li>President Abdel Fattah El Sisi will be in Beijing for China\u2019s <a href=\"http:\/\/www.beltandroad2019.com\/english\/\">Belt and Road Forum for International Cooperation<\/a>. The gathering takes place on 25 April.<\/li>\n<\/ul><p><b>The long-awaited Mueller report into Russian interference in US elections will be publicly released today,<\/b> albeit in a redacted form. A separate version with fewer redactions will be given to Congress, <a href=\"https:\/\/edition.cnn.com\/2019\/04\/17\/politics\/redacted-mueller-report-congress\/index.html\">according to CNN.<\/a> Attorney-General William Barr last month announced that Mueller had not found any evidence of <a href=\"https:\/\/abcnews.go.com\/Politics\/mueller-report-guide-collusion-learn\/story?id=62456302\">collusion<\/a> between the Russians and the campaign of US President Donal Trump during the 2016 US election<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Federal-Reserve-1600px.jpg?ssl=1\"><\/p><p><b>Is the Fed done raising interest rates?<\/b> A closely watched poll from the Bank of America Merrill Lynch has a slim majority of fund managers saying they believe the Federal Reserve has finished its rate hike cycle, <a href=\"https:\/\/www.ft.com\/content\/c8f158b4-60d8-11e9-b285-3acd5d43599e\">according to the FT<\/a>. The poll of 187 managers, who collectively have AUM of some USD 547 bn, is widely considered to be a litmus test of investor sentiment.<\/p><p><b>Will the IPO of two unicorns in the US today hit the \u201creset\u201d button on sentiment?<\/b> Pinterest and lesser-known videoconferencing platform <a href=\"https:\/\/zoom.us\">Zoom<\/a> (which we\u2019ve used successfully here at Enterprise) are making their public market debuts today, <a href=\"https:\/\/www.wsj.com\/articles\/pinterest-and-zoom-to-test-ipo-market-after-lyfts-stumble-11555493401\">according to the WSJ<\/a>. The companies priced their shares yesterday at <a href=\"https:\/\/www.wsj.com\/articles\/pinterest-and-zoom-to-test-ipo-market-after-lyfts-stumble-11555493401\">USD 19<\/a> and <a href=\"https:\/\/techcrunch.com\/2019\/04\/17\/zoom-the-profitable-tech-unicorn-prices-ipo-above-range\/\">USD 36<\/a>, respectively. 2019 is shaping up to be a banner year for IPOs, but with <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/03\/what-were-tracking-on-03-april-2019\/\">Lyft\u2019s shaky offering<\/a> earlier this month, how Pinterest and Zoom fare will be a key bellwether moments for assessing the IPO market going forward.<\/p><p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/550.jpg?ssl=1\"><\/p><p><b>To round off our week of death-by-robots stories:<\/b> Artificial intelligence will pose a growing threat to economic growth in the developing world as more jobs are lost to automation and robotic technologies \u2014 so says Oxford professor Ian Goldin in this <a href=\"https:\/\/www.bbc.com\/news\/business-47852589\">BBC piece<\/a>. Automation will present a growing challenge for policymakers in the coming years, particularly in developing economies that can\u2019t afford the luxury of the kind of social programs currently being debated in some Western capitals.<\/p><p><b>The smart policy:<\/b> Policymakers should start planning ahead and finding ways to integrate new technologies into the economy at the lowest possible human cost. In other words: EM growth by investment in medium weight, medium tech, export-led growth may be dead.<\/p><p class=\"web-image\"><a href=\"http:\/\/time.com\/collection\/100-most-influential-people-2019\/5567841\/mohamed-salah\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/2757.jpg?ssl=1\"><\/a><\/p><p><b>Mohamad Salah is on the cover of <\/b><a href=\"http:\/\/time.com\/collection\/100-most-influential-people-2019\/5567841\/mohamed-salah\/\"><b>Time Magazine\u2019s 100 most influential people of 2019<\/b><\/a>. John Oliver wrote a glowing blurb about Salah, proving once again that the national treasure is one reliable reason for the Western press to write fondly of Egypt. Salah is joined by \u2018the other Egyptian,\u2019 actor Rami Malek, alongside Donald Trump, Michelle Obama, and Taylor Swift.<\/p><p><b>PSA #1- The EGX has a two-day work week the week after next<\/b>. The <a href=\"http:\/\/www.egx.com.eg\/ar\/BulletinNews.aspx?BCODE=42965&amp;All=\">EGX confirmed yesterday<\/a> it will be closed from 25-29 April (Thursday-Monday) in observance of Sinai Liberation Day, Coptic Easter, and Sham El Nessim. The market will reopen on Tuesday, 30 April, and close once again on Wednesday, 1 May for Labor Day. It\u2019s back to business as usual on Thursday, 2 May. <b>Look for the EGX to move to shortened Ramadan hours <\/b>the following week when the Holy Month begins.<\/p><p><b>PSA #2-<\/b> <b>Temperatures in the capital will continue to be mild through the weekend<\/b> with daytime highs of 24-26\u00b0C and overnight lows around 13\u00b0C.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/belt-and-road-initiative\/\">Belt and Road Initiative<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/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\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"603308\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" 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     <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-r77d9lv\" data-v=\"4\" data-block-id=\"r77d9lv\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-r77d9lv-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-r77d9lv-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-rlkcd41\" data-v=\"4\" data-block-id=\"rlkcd41\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-rlkcd41-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-rlkcd41-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-pt568zb\" data-v=\"4\" data-block-id=\"pt568zb\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-pt568zb-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-pt568zb-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-z9f2mnd\" data-v=\"4\" data-block-id=\"z9f2mnd\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-z9f2mnd-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-z9f2mnd-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 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data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"603309\" 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=\"603309\">\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\/18\/different-themes-occupied-egypts-talking-heads-last-night\/\">\r\n                            Different themes occupied Egypt\u2019s talking heads last night                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/different-themes-occupied-egypts-talking-heads-last-night\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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               <!-- <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\/18\/different-themes-occupied-egypts-talking-heads-last-night\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603309\" class=\"content-area-description single-story post-603309 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-ai tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-healthcare tag-mohamed-salah tag-technology wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Artificial intelligence, Mohamed Salah and universal healthcare<\/b> all got the attention of the talking heads.<\/p>\n<p><b>An Egyptian company is among the world\u2019s top 20 AI developers: <\/b><a href=\"https:\/\/www.avidbeam.com\/\">AvidBeam<\/a>, firm specializing in video analytics and founded by four ex-Intel employees, was recently ranked among the world\u2019s \u201cmost important\u201d artificial intelligence (AI) startups, Yahduth Fi Misr\u2019s Sherif Amer said in a sit down with two of its founders (<a href=\"https:\/\/www.youtube.com\/watch?v=COm3TU71Uio\">watch, runtime: 5:34<\/a>). AvidBeam specializes in analyzing camera surveillance footage in real-time, and develops AI platforms with applications in the fields of security, retail, marketing, and self-driving cars, CEO and co-founder Hani El Gebaly told Amer.<\/p>\n<p><b>\u201cThe most promising market for us is in Egypt,\u201d<\/b> Amr Qais, a second co-founder and the company\u2019s strategic affairs vice president added, (<a href=\"https:\/\/www.youtube.com\/watch?v=ifzO5djf_U4\">watch, runtime 2:11<\/a>). The company <a href=\"https:\/\/www.avidbeam.com\/contact\/\">is headquartered<\/a> in Beavertown, Oregon but has offices in Maadi and Dubai for it\u2019s EMEA and North Africa-focused operations. We noted <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/04\/egypt-ventures-announces-series-a-investment-in-avidbeam-technologies-3\/\">last month<\/a> that Cairo-based VC fund Egypt Ventures invested in AvidBeam\u2019s series A round. AvidBeam was named one of the \u201c<a href=\"https:\/\/www.avidbeam.com\/avidbeam-is-recognized-as-one-of-the-most-20-promising-big-data-startups-in-the-world-by-cioreview\/\">20 most promising big-data startups in the world<\/a>\u201d for 2017 by <a href=\"https:\/\/www.cioreview.com\">CIOReview<\/a><\/p>\n<p><b>Salah wasn\u2019t the only Egyptian on Time\u2019s 2019 most influential list:<\/b> He was joined by Academy Award winner Rami Malek, Al Hayah Al Youm\u2019s Khaled Abu Bakr was sure to point out (<a href=\"https:\/\/www.youtube.com\/watch?v=QC60w9SFZuY\">watch, runtime: 1:47<\/a>). For his impressive turn as Freddie Mercury in Bohemian Rhapsody, the 37-year-old actor became the first Arab American to score an Oscar win, Abu Bakr noted.<\/p>\n<p><b>The government is planning to set up a factory to locally manufacture plasma derivatives<\/b>. News came <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/photos\/a.153526355166753\/592345184618199\/?type=3&theater\">following a meeting<\/a> between President Abdel Fattah El Sisi, Prime Minister Moustafa Madbouly, Health Minister Hala Zayed, and head of the Administrative Control Authority Sherif Seif El Din, Abu Bakr noted (<a href=\"https:\/\/www.youtube.com\/watch?v=0gbu6PKUzH4\">watch, runtime: 1:32<\/a>). Plasma derivatives <a href=\"https:\/\/www.sharecare.com\/health\/blood-basics\/what-are-plasma-derivatives\">are used to treat<\/a> HIV, hepatitis B, and hepatitis C.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/healthcare\/\">healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-salah\/\">Mohamed Salah<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"603310\" 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=\"603310\">\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\/18\/moodys-upgrades-egypts-credit-rating-to-b2-with-stable-outlook\/\">\r\n                            Moody\u2019s upgrades Egypt\u2019s credit rating to B2 with stable outlook                        <\/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\/18\/moodys-upgrades-egypts-credit-rating-to-b2-with-stable-outlook\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The agency said that the country\u2019s ongoing commitment to reform will gradually improve the government\u2019s fiscal position and stimulate economic growth. Stronger state finances, together with the country\u2019s banking sector, will mitigate the effects of external financing shocks.<\/p>\n<p><b>Moody\u2019s changed its outlook to stable due to what it described as \u201cweak debt affordability and large financing needs.\u201d<\/b> It described Egypt\u2019s fiscal position as \u201cvery weak\u201d compared to other countries, and forecast interest payments to continue eating up almost 45% of the government\u2019s revenue going forward.<\/p>\n<p><b>Egypt\u2019s debt will continue to ease on the back of strong economic growth and falling inflation<\/b>, Moody\u2019s said, adding that the Sisi administration\u2019s commitment to reforms could produce greater-than-expected economic growth, while the narrowing of the current account deficit may also beat expectations if natural gas exports pick up.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fiscal-policy\/\">fiscal policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moodys\/\">Moody\u2019s<\/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=\"603322\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"603323\" 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=\"603323\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/growth-in-emerging-markets-through-policy-not-so-fast\/\">\r\n                            Growth in emerging markets through policy? Not so fast.                        <\/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\/18\/growth-in-emerging-markets-through-policy-not-so-fast\/\" 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\/18\/growth-in-emerging-markets-through-policy-not-so-fast\/')\">\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\/18\/growth-in-emerging-markets-through-policy-not-so-fast\/\">\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=Growth in emerging markets through policy? Not so fast.&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/growth-in-emerging-markets-through-policy-not-so-fast\/\">\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\/18\/growth-in-emerging-markets-through-policy-not-so-fast\/&title=Growth in emerging markets through policy? Not so fast.\">\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=Growth+in+emerging+markets+through+policy%3F+Not+so+fast.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F18%2Fgrowth-in-emerging-markets-through-policy-not-so-fast%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\/18\/growth-in-emerging-markets-through-policy-not-so-fast\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/187.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"603324\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/growth-in-emerging-markets-through-policy-not-so-fast\/187-jpg-23\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/187.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"187.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/187.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/187.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603323\" class=\"content-area-description single-story post-603323 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-emerging-markets tag-enterpriseam tag-policy tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a><b> Growth in EMs through policy? Not so fast.<\/b> In the wake of the IMF\u2019s latest <a href=\"https:\/\/www.imf.org\/en\/Publications\/WEO\/Issues\/2019\/03\/28\/world-economic-outlook-april-2019\">World Economic Outlook<\/a>, the <a href=\"https:\/\/www.ft.com\/content\/ef551ee6-5d18-11e9-939a-341f5ada9d40\">FT's Jonathan Wheatley<\/a> asks the question of the era: \u201cWhat, if anything, can EM policymakers do to speed up growth and make any recovery sustainable?\u201d With the US Fed pulling back from rate hikes, eurozone countries reluctant to spend, and the IMF projecting only a marginal growth slowdown in developing countries (to 4.4% this year, from 4.5% in 2018), investors are looking to emerging market governments for action.<\/p>\n<p><b>What kind of action? It depends on the country.<\/b> China\u2019s stimulus measures have received a positive response from investors and India\u2019s central bank has moved to <a href=\"https:\/\/www.wsj.com\/articles\/indias-central-bank-cuts-key-lending-rate-to-6-0-11554372112\">cut rates<\/a> over the past few months. Other emerging markets don\u2019t have this sort of freedom to loosen monetary policy though, as John Paul Smith, partner at Ecstrat, points out. \u201cThe idea that we can all go on a fiscal binge, or that interest rates are so low that we can all do whatever we like \u2014 it just breaks down when you look at the countries,\u201d he told the FT. Mexico, Turkey and Russia are just a few examples where, for economic or political reasons, governments do not have the kind of flexibility enjoyed by the powerhouses of Beijing and Dehli.<\/p>\n<p><b>It\u2019s the politics, stupid:<\/b> For Smith, a key area for policy reform in emerging markets continues to be the level of economic involvement by the state, particularly when it comes to off-budget financing through state banks and preferential treatment given to parastatal organizations. Randolph Wrighton, MD at Barrow, Hanley, Mewhinney & Strauss, agrees, arguing that it is perhaps in the interests of emerging market governments to focus on improving transparency rather than embark on economic stimulus programs. \u201cI don\u2019t think it\u2019s in anybody\u2019s interests for them to stretch themselves to help their economies,\u201d he says. \u201cWhat they can do it keep moving towards first-world policies, with transparency, accountability and rules-based system.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/policy\/\">policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"603325\" 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=\"603325\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/researchers-digitize-ancient-manuscripts-at-st-catherines\/\">\r\n                            Researchers digitize ancient manuscripts at St Catherine\u2019s                        <\/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\/18\/researchers-digitize-ancient-manuscripts-at-st-catherines\/\" 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\/18\/researchers-digitize-ancient-manuscripts-at-st-catherines\/')\">\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\/18\/researchers-digitize-ancient-manuscripts-at-st-catherines\/\">\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=Researchers digitize ancient manuscripts at St Catherine\u2019s&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/researchers-digitize-ancient-manuscripts-at-st-catherines\/\">\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\/18\/researchers-digitize-ancient-manuscripts-at-st-catherines\/&title=Researchers digitize ancient manuscripts at St Catherine\u2019s\">\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=Researchers+digitize+ancient+manuscripts+at+St+Catherine%E2%80%99s+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F18%2Fresearchers-digitize-ancient-manuscripts-at-st-catherines%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\/18\/researchers-digitize-ancient-manuscripts-at-st-catherines\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/2105.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"603326\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/researchers-digitize-ancient-manuscripts-at-st-catherines\/2105-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/2105.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2105.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/2105.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/2105.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603325\" class=\"content-area-description single-story post-603325 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Researchers digitize ancient manuscripts at St Catherine\u2019s: <\/b>A team of Greek researchers is photographing the 4,500 ancient manuscripts of the library at St Catherine\u2019s monastery to digitize the priceless pages, <a href=\"https:\/\/www.reuters.com\/article\/us-religion-easter-sinai-manuscripts\/ancient-christian-manuscripts-digitized-at-monastery-beneath-mount-sinai-idUSKCN1RT17K\">Reuters says<\/a>. The complex imaging process includes merges separate pictures in red, green, and blue light into a single, high-quality image. The team, a collaboration between the monastery, non-profit research organization Early Manuscripts Electronic Library (EMEL), and the UCLA library, is starting with Syriac and Arabic texts. It expects expect that chunk alone to take three years to complete at a cost of around USD 2.75 mn. The team will start publishing manuscripts in full color in the fall of this year.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/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=\"603327\" 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=\"603327\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/egypt-in-the-news-on-17-april-2019-2\/\">\r\n                            Egypt in the News on 17 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\/18\/egypt-in-the-news-on-17-april-2019-2\/\" 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\/18\/egypt-in-the-news-on-17-april-2019-2\/')\">\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\/18\/egypt-in-the-news-on-17-april-2019-2\/\">\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 17 April 2019&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/egypt-in-the-news-on-17-april-2019-2\/\">\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\/18\/egypt-in-the-news-on-17-april-2019-2\/&title=Egypt in the News on 17 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+17+April+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F18%2Fegypt-in-the-news-on-17-april-2019-2%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\/18\/egypt-in-the-news-on-17-april-2019-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603327\" class=\"content-area-description single-story post-603327 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-china tag-egypt-in-the-news tag-enterpriseam tag-grand-egyptian-museum tag-security tag-sudan tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The international press are taking note of<\/b> <b>the referendum on the proposed constitutional amendments:<\/b> (<a href=\"https:\/\/www.nytimes.com\/aponline\/2019\/04\/17\/world\/middleeast\/ap-ml-egypt.html?searchResultPosition=3\">AP<\/a> | <a href=\"https:\/\/af.reuters.com\/article\/commoditiesNews\/idAFL5N21Z4UD\">Reuters<\/a> | <a href=\"https:\/\/www.voanews.com\/a\/egypt-to-hold-vote-that-could-entrench-sissi-rule\/4880084.html\">Voice of America<\/a> | <a href=\"http:\/\/www.arabnews.com\/node\/1483966\/middle-east\">Arab News<\/a> | <a href=\"https:\/\/www.i24news.tv\/en\/news\/international\/middle-east\/1555429236-egypt-parliament-passes-amendment-that-could-see-sisi-rule-until-2030-state-media-reports\">AFP<\/a> | <a href=\"https:\/\/www.thenational.ae\/world\/mena\/egypt-constitutional-changes-set-for-weekend-referendum-1.850446\">The National<\/a>). Turkey\u2019s <a href=\"https:\/\/www.aa.com.tr\/en\/europe\/germany-concerned-over-constitutional-changes-in-egypt\/1455202\">Anadolu Agency<\/a> has also taken the liberty of pointing out that Germany voiced concerns over the move. \u201cIt is feared that in the course of these constitutional changes the role of the executive and armed forces would be expanded, and a peaceful democratic change in power could be hampered,\u201d it quotes a German foreign ministry spokesperson as saying.<\/p>\n<p><b>Egypt\u2019s relationship with Sudan is getting ink given the political upheaval happening to our south. <\/b><a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2019\/04\/egypt-reaction-sudan-protests-bashir-sisi.html\">Al Monitor<\/a>, meanwhile, says that Egypt\u2019s past support of former President Omar al-Bashir was primarily to protect its security interests, and that the shift in tone after his ouster underscores the longstanding tensions between the two countries. <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2019\/04\/sudan-delay-lift-ban-egypt-products-import.html\">Al Monitor<\/a> also notes that Egypt is trying to pressure Khartoum to follow on the removal of ban on Egyptian commodities, and allow them into the Sudanese market.<\/p>\n<p>Also getting ink in the foreign press:<\/p>\n<ul>\n<li><b>Sneak a tour through the Grand Egyptian Museum<\/b> in Giza with <a href=\"https:\/\/www.telegraph.co.uk\/travel\/destinations\/africa\/egypt\/articles\/inside-the-grand-egyptian-museum\/\">The Telegraph<\/a> before it opens next year.<\/li>\n<li><b>Egyptian students of Chinese are publishing Chinese cultural and literary works<\/b> to build ties between the two countries, <a href=\"http:\/\/www.xinhuanet.com\/english\/2019-04\/17\/c_137985259.htm\">writes China\u2019s state-owned Xinhua<\/a>.<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/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\/grand-egyptian-museum\/\">Grand Egyptian Museum<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/security\/\">security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sudan\/\">Sudan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/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=\"603328\" 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=\"603328\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE FRONT PAGES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/govt-prepares-to-launch-egypts-national-universal-healthcare-system\/\">\r\n                            Gov\u2019t prepares to launch Egypt\u2019s national universal healthcare system                        <\/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\/18\/govt-prepares-to-launch-egypts-national-universal-healthcare-system\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> 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launch Egypt\u2019s national universal healthcare system&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/govt-prepares-to-launch-egypts-national-universal-healthcare-system\/\">\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\/18\/govt-prepares-to-launch-egypts-national-universal-healthcare-system\/&title=Gov\u2019t prepares to launch Egypt\u2019s national universal healthcare system\">\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=Gov%E2%80%99t+prepares+to+launch+Egypt%E2%80%99s+national+universal+healthcare+system+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F18%2Fgovt-prepares-to-launch-egypts-national-universal-healthcare-system%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\/18\/govt-prepares-to-launch-egypts-national-universal-healthcare-system\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603328\" class=\"content-area-description single-story post-603328 post type-post status-publish format-standard hentry category-on-the-front-pages tag-enterpriseam tag-healthcare tag-insurance tag-on-the-front-pages tag-universal-healthcare-act wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>The government\u2019s preparations to roll out phase one of the universal healthcare system in Port Said<\/b> are topping the front pages of the three primary state-owned dailies this morning (<a href=\"http:\/\/www.ahram.org.eg\/Index.aspx\">Al Ahram<\/a> | <a href=\"http:\/\/www.algomhuria.net.eg\/algomhuria\/today\/fpage\/\">Al Gomhuria<\/a> | <a href=\"https:\/\/www.pressreader.com\/egypt\/al-akhbar\">Al Akhbar<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/healthcare\/\">healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/insurance\/\">insurance<\/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\/universal-healthcare-act\/\">Universal Healthcare Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"603329\" 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=\"603329\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/greek-companies-plan-to-invest-eur-70-mn-in-egypt\/\">\r\n                            Greek companies plan to invest EUR 70 mn in 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\/18\/greek-companies-plan-to-invest-eur-70-mn-in-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\/18\/greek-companies-plan-to-invest-eur-70-mn-in-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\/18\/greek-companies-plan-to-invest-eur-70-mn-in-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=Greek companies plan to invest EUR 70 mn in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/greek-companies-plan-to-invest-eur-70-mn-in-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/greek-companies-plan-to-invest-eur-70-mn-in-egypt\/&title=Greek companies plan to invest EUR 70 mn in Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Greek+companies+plan+to+invest+EUR+70+mn+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F18%2Fgreek-companies-plan-to-invest-eur-70-mn-in-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/greek-companies-plan-to-invest-eur-70-mn-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603329\" class=\"content-area-description single-story post-603329 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-amr-nassar tag-diplomacy-foreign-trade tag-enterpriseam tag-greece tag-trade-and-industry-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><b>Two Greek home textiles and agricultural investment companies are planning to inject around EUR 70 mn<\/b> into projects in Egypt, <a href=\"http:\/\/www.mti.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%81%D9%8A-%D8%AE%D8%AA%D8%A7%D9%85-%D8%B2%D9%8A%D8%A7%D8%B1%D8%AA%D9%87-%D9%84%D9%84%D8%B9%D8%A7%D8%B5%D9%85%D8%A9-%D8%A7%D9%84%D9%8A%D9%88%D9%86%D8%A7%D9%86%D9%8A%D8%A9-%D8%A3%D8%AB%D9%8A%D9%86%D8%A7.aspx\">the Trade & Industry Ministry said in a statement<\/a>. Hotel furniture supplier Titex Home Furnishings is looking to establish a EUR 40 mn textiles factory that would export its product to Greece and EU countries while <a href=\"https:\/\/www.c-gaia.gr\/\">Gaia Business for Agricultural Investment<\/a> is eyeing a EUR 30 mn project to set up measurement stations to serve agriculture. Greek companies operating in the automotive and aluminium sectors have also expressed interest in investing in Egypt. Egypt and Greece have agreed to establish a working group to promote bilateral economic cooperation, <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/photos\/a.825570437621323\/1233659916812371\/?type=3&theater\">according to a cabinet statement<\/a>. The announcement came after a meeting in Athens between Trade Minister Amr Nassar and his Greek counterpart.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/amr-nassar\/\">Amr Nassar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/greece\/\">Greece<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade-and-industry-ministry\/\">Trade and Industry Ministry<\/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=\"603331\" 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=\"603331\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/jordan-cuts-natural-gas-imports-from-egypt-by-50-mcf-day\/\">\r\n                            Jordan cuts natural gas imports from Egypt by 50 mcf\/day                        <\/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\/18\/jordan-cuts-natural-gas-imports-from-egypt-by-50-mcf-day\/\" 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\/18\/jordan-cuts-natural-gas-imports-from-egypt-by-50-mcf-day\/')\">\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\/18\/jordan-cuts-natural-gas-imports-from-egypt-by-50-mcf-day\/\">\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=Jordan cuts natural gas imports from Egypt by 50 mcf\/day&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/jordan-cuts-natural-gas-imports-from-egypt-by-50-mcf-day\/\">\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\/18\/jordan-cuts-natural-gas-imports-from-egypt-by-50-mcf-day\/&title=Jordan cuts natural gas imports from Egypt by 50 mcf\/day\">\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=Jordan+cuts+natural+gas+imports+from+Egypt+by+50+mcf%2Fday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F18%2Fjordan-cuts-natural-gas-imports-from-egypt-by-50-mcf-day%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\/18\/jordan-cuts-natural-gas-imports-from-egypt-by-50-mcf-day\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603331\" class=\"content-area-description single-story post-603331 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam tag-jordan wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Jordan has reduced the quantity of gas it imports from Egypt daily to 300 mcf\/d, <a href=\"https:\/\/www.alborsaanews.com\/2019\/04\/17\/1196544\">an EGAS official told the local press<\/a>. Oil Minister Tarek El Molla had announced last month that Egypt\u2019s natural gas exports to Jordan reached approximately 350 mcf\/d, beating its previous export targets.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/jordan\/\">Jordan<\/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=\"603332\" 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=\"603332\">\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\/18\/egypts-cotton-production-to-drop-31-in-my-2019-2020-usdas-cairo-office\/\">\r\n                            Egypt\u2019s cotton production to drop 31% in MY 2019-2020 -USDA\u2019s Cairo office                        <\/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\/18\/egypts-cotton-production-to-drop-31-in-my-2019-2020-usdas-cairo-office\/\" 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\/18\/egypts-cotton-production-to-drop-31-in-my-2019-2020-usdas-cairo-office\/')\">\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\/18\/egypts-cotton-production-to-drop-31-in-my-2019-2020-usdas-cairo-office\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s cotton production to drop 31% in MY 2019-2020 -USDA\u2019s Cairo office&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/egypts-cotton-production-to-drop-31-in-my-2019-2020-usdas-cairo-office\/\">\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\/18\/egypts-cotton-production-to-drop-31-in-my-2019-2020-usdas-cairo-office\/&title=Egypt\u2019s cotton production to drop 31% in MY 2019-2020 -USDA\u2019s Cairo office\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+cotton+production+to+drop+31%25+in+MY+2019-2020+-USDA%E2%80%99s+Cairo+office+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F18%2Fegypts-cotton-production-to-drop-31-in-my-2019-2020-usdas-cairo-office%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\/18\/egypts-cotton-production-to-drop-31-in-my-2019-2020-usdas-cairo-office\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603332\" class=\"content-area-description single-story post-603332 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-agriculture tag-basic-materials-commodities tag-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt\u2019s production of cotton is forecast to drop 31% in marketing year (MY) 2019-20 to 337k bales, down from 489k bales in MY 2018-2019, according to <a href=\"https:\/\/gain.fas.usda.gov\/Recent%20GAIN%20Publications\/Cotton%20and%20Products%20Annual_Cairo_Egypt_4-11-2019.pdf\">a report by the US Department of Agriculture<\/a>\u2019s Cairo office. Total land in cultivation will also fall by 31% to 97k hectares (230,952 feddans) in MY 2019-20, down from 141k hectares (335k feddans) in MY 2018-19. The report attributes the sharp fall in production to low cotton prices in 2018 and a surplus carried over into 2019. Egypt\u2019s exports of cotton are also forecast to drop 24% to 220k bales as prices begin to increase in MY 2019-20. Imports of the crop, meanwhile, will increase by 2% to 510k bales during the MY. The 2019-20 MY runs from July 2019 to June 2020.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"603333\" 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=\"603333\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/egyptian-international-school-earns-ib-accreditation-for-middle-years-program\/\">\r\n                            Egyptian International School earns IB accreditation for Middle Years Program                        <\/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\/18\/egyptian-international-school-earns-ib-accreditation-for-middle-years-program\/\" 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\/18\/egyptian-international-school-earns-ib-accreditation-for-middle-years-program\/')\">\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\/18\/egyptian-international-school-earns-ib-accreditation-for-middle-years-program\/\">\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 International School earns IB accreditation for Middle Years Program&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/egyptian-international-school-earns-ib-accreditation-for-middle-years-program\/\">\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\/18\/egyptian-international-school-earns-ib-accreditation-for-middle-years-program\/&title=Egyptian International School earns IB accreditation for Middle Years Program\">\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+International+School+earns+IB+accreditation+for+Middle+Years+Program+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F18%2Fegyptian-international-school-earns-ib-accreditation-for-middle-years-program%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\/18\/egyptian-international-school-earns-ib-accreditation-for-middle-years-program\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603333\" class=\"content-area-description single-story post-603333 post type-post status-publish format-standard hentry category-health-education tag-education tag-education-ministry tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian International School in Sheikh Zayed has received the International Baccalaureate (IB) accreditation for its \u201cMiddle Years Program,\u201d covering students aged 11 to 16, <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1233786643466365\">according to a cabinet statement<\/a>. The government-run school is one of only a few in the region to become IB accredited.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education-ministry\/\">Education Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/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=\"603334\" 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=\"603334\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/four-seasons-coming-to-luxor\/\">\r\n                            Four Seasons coming to Luxor                        <\/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\/18\/four-seasons-coming-to-luxor\/\" 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\/18\/four-seasons-coming-to-luxor\/')\">\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\/18\/four-seasons-coming-to-luxor\/\">\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=Four Seasons coming to Luxor&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/four-seasons-coming-to-luxor\/\">\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\/18\/four-seasons-coming-to-luxor\/&title=Four Seasons coming to Luxor\">\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=Four+Seasons+coming+to+Luxor+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F18%2Ffour-seasons-coming-to-luxor%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\/18\/four-seasons-coming-to-luxor\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603334\" class=\"content-area-description single-story post-603334 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Real estate developer TMG is looking to bring the Four Seasons brand to Luxor, according to statements from CEO Hisham Talaat Moustafa reported by the <a href=\"https:\/\/www.youm7.com\/story\/2019\/4\/17\/%D9%87%D8%B4%D8%A7%D9%85-%D8%B7%D9%84%D8%B9%D8%AA-%D8%A8%D8%AF%D8%A1-%D8%A7%D9%84%D8%A5%D8%AC%D8%B1%D8%A7%D8%A1%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%8A%D8%A9-%D9%84%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%81%D9%88%D8%B1%D8%B3%D9%8A%D8%B2%D9%88%D9%86-%D8%A7%D9%84%D8%A3%D9%82%D8%B5%D8%B1\/4210486\">local press.<\/a> The company is also developing a Four Seasons property in Madinaty and expanding the existing hotel in Sharm El Sheikh.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"603335\" 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=\"603335\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/madbouly-meets-with-ceo-of-kuwaiti-al-kharafi-group\/\">\r\n                            Madbouly meets with CEO of Kuwaiti Al Kharafi Group                        <\/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\/18\/madbouly-meets-with-ceo-of-kuwaiti-al-kharafi-group\/\" 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\/18\/madbouly-meets-with-ceo-of-kuwaiti-al-kharafi-group\/')\">\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\/18\/madbouly-meets-with-ceo-of-kuwaiti-al-kharafi-group\/\">\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=Madbouly meets with CEO of Kuwaiti Al Kharafi Group&url=https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/madbouly-meets-with-ceo-of-kuwaiti-al-kharafi-group\/\">\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\/18\/madbouly-meets-with-ceo-of-kuwaiti-al-kharafi-group\/&title=Madbouly meets with CEO of Kuwaiti Al Kharafi Group\">\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=Madbouly+meets+with+CEO+of+Kuwaiti+Al+Kharafi+Group+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2019%2F04%2F18%2Fmadbouly-meets-with-ceo-of-kuwaiti-al-kharafi-group%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\/18\/madbouly-meets-with-ceo-of-kuwaiti-al-kharafi-group\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603335\" class=\"content-area-description single-story post-603335 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-kuwait tag-madbouly tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Prime Minister Moustafa Madbouly met yesterday with the CEO of the Al Kharafi Group to discuss how the company can expand its investments in Egypt, <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1233676736810689\">according to a cabinet statement<\/a>. The Kuwaiti company is part of one of eight consortiums bidding to construct the <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/27\/spanish-kuwaiti-consortium-bidding-for-egypts-usd-8-5-bn-electric-railway\/\">USD 8.5 bn Alamein-Ain Sokhna electric railway<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/madbouly\/\">Madbouly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"603337\" 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=\"603337\">\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\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/my-morning-routine-glenn-miles\/\">\r\n                            My Morning Routine: Glenn Miles                        <\/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\/18\/my-morning-routine-glenn-miles\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Extracts from our conversation this week with Glenn Miles, Australian Ambassador in Cairo. This is his second tour in our fair city.<\/p>\n<p><b>My name is Glenn Miles and I\u2019m the newly-appointed Australian ambassador in Cairo<\/b>. I\u2019m married to Katherine, and we\u2019ve just celebrated our 30th wedding anniversary. We have three kids: two boys and a girl: 25, 22, and 18. And Oscar, the dog, as well.<\/p>\n<p><b>I usually wake up at 5:45 am and the first thing I do is reach for my phone and check email.<\/b> The time difference means that it\u2019s 3 pm in Australia, so I spend about 10-15 minutes dealing with any urgent messages. My plan to exercise at 6:10 is usually thwarted by procrastination, but by 6:30, guilt overwhelms me and I go for a run or a workout with a history podcast or music in the background. Breakfast is cereal or some toast with Vegemite, a piece of fruit, and a couple cups of coffee while I\u2019m reading Enterprise and the Australian newspapers to catch up on politics and sports.<\/p>\n<p><b>Once I get in to work<\/b>, I go through emails and cables from Canberra and speak to my Egyptian and Australian staff to work out the day\u2019s priorities. My staff are a great source of information, helping explain the country and guide us through what we should and shouldn\u2019t be doing. My days can be quite varied. There could be meetings with diplomatic counterparts, ministers or Egyptian authorities, NGOs, and the media.<\/p>\n<p><b>Often my day will involve visits to projects we support around Cairo and Egypt<\/b> through our Direct Aid Program (DAP) \u2014 a small, community-style grants program. Unlike other programs where we never see the people impacted by those programs, DAP lets us get out and see its impact. Our projects could be supporting a school renovate its classrooms, or providing medical equipment to a center focused on serving the poor. We also focus on women and children. Visiting these projects is a chance to see the people affected, which gives you a real sense of the country and our ability to improve our impact.<\/p>\n<p><b>What\u2019s the best thing I\u2019ve watched or read lately? <\/b>My wife watches Netflix, but I\u2019m not the best Netflix watcher \u2014 I normally fall asleep halfway through. Right now, I\u2019m reading \u201c<a href=\"https:\/\/www.amazon.com\/Cairo-City-Victorious-Max-Rodenbeck\/dp\/0679767274\">Cairo, The City Victorious<\/a>\u201d by Max Rodenbeck.<\/p>\n<p><b>How did I get into the diplomatic circle?<\/b> I had a different entry than most. I was interested in international relations but after graduating, I wound up working with <a href=\"https:\/\/www.humanservices.gov.au\/individuals\/centrelink\">Centerlink<\/a> as a trainer, teaching our staff how to work with people with disabilities. Then one day I thought I wanted something different. An opportunity came up with the Department of Foreign Affairs and Trade, so I applied and \u2014 to my surprise \u2014 I was successful. My first posting was to Cairo in 1995-96.<\/p>\n<p><b>It\u2019s good coming back after all these years<\/b>. I don\u2019t think Egyptians believe me, but it seems there\u2019s less traffic this time, at least in Zamalek. I think the infrastructure has improved since then. It also seems to be less polluted. During my last posting, the cars were older and they were using leaded petrol, whereas now the cars are unleaded and a lot newer. And the vibe of the place is quite good. There\u2019s a growing artistic scene. I see a lot more art when I walk around; it\u2019s a bit more hipster. I\u2019m very much enjoying being back. The kids aren\u2019t with me this time, but they\u2019re looking forward to coming to visit.<\/p>\n<p><b>One of the more challenging aspects of my job is understanding the history and the connections of the country you\u2019re in<\/b>. It doesn\u2019t matter which country you\u2019re in; they\u2019re all complicated. I\u2019ve served in Egypt, which has a population of 100 mn, and Tuvalu, the third smallest country in the world. Every country has its own complicated political dynamics. Understanding what\u2019s going on and making sure you get out and talk to people are key things for a diplomat. It\u2019s easy to stay in and around the embassy, but you have to get out to get a real feel of the country. Too often we\u2019re constrained in the capital city, but that\u2019s not the whole country.<\/p>\n<p><b>A big misconception of our work is that Australians often think the embassy can do more than we actually can<\/b>. For example, one of the hardest things to handle is explaining to Australians who come into the embassy seeking help that we can\u2019t exercise Australian law here or ignore Egypt\u2019s sovereignty. Another tricky thing is that you\u2019re working across a range of sectors. In the morning you could be addressing a trade issue, a fallout with consular, and a management issue, then a visit to an aid project, and then a cultural event, all the while trying to sound authoritative.<\/p>\n<p><b>I rely on my staff a lot to stay organized<\/b>. As an ambassador, you have to delegate and give people responsibility. We try to give staff the tools and support they need so that they\u2019re fully empowered to make a decision.<\/p>\n<p><b>There\u2019s no single issue driving Canberra\u2019s relationship with Egypt at the moment<\/b>. A healthy bilateral relationship cuts across a range of sectors. We have a longstanding trade relationship with Egypt, which we\u2019re looking to build up. And we have to cooperate on a range of security issues as well. The world is much smaller now. Countries no longer have security issues in isolation, which we saw with the unfortunate events in Christchurch.<\/p>\n<p><b>We\u2019re fortunate to have around 100k Australians of Egyptian descent<\/b> because the strongest bilateral relationships have solid people-to-people links. We work on trade and cultural diplomacy, but the job is really about bringing people together. The embassy\u2019s role is to raise awareness of what Australia has to offer in Egypt and what Egypt has to offer in Australia, and bringing people together is the best way to achieve this.<\/p>\n<p><b>What do I do in my time off?<\/b> I don\u2019t get much at the moment. I\u2019ve been taking visitors around in the last few weeks. I\u2019m taking up kitesurfing and I have lessons lined up in Ain Sokhna during the Easter and Eid holidays. I also did the Pyramids half marathon, and on the weekends I try and do a run around Zamalek, occasionally venturing into Downtown if I\u2019m early enough.<\/p>\n<p><b>The best advice I\u2019ve received was from my father when I was young.<\/b> I was playing a football match and he said, \u201cDon\u2019t be a spectator, make sure you go in and get the ball.\u201d The \u201cdon\u2019t be a spectator\u201d line is something I\u2019ve tried to live by, making sure I become involved and enjoy the moment. I also encourage others to be involved in whatever they\u2019re doing, whether it is work, the arts, or sport.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/my-morning-routine\/\">MY MORNING ROUTINE<\/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=\"603339\" 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=\"603339\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/the-market-yesterday-453\/\">\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\/18\/the-market-yesterday-453\/\" 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\/18\/the-market-yesterday-453\/')\">\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\/18\/the-market-yesterday-453\/\">\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\/18\/the-market-yesterday-453\/\">\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\/18\/the-market-yesterday-453\/&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%2F18%2Fthe-market-yesterday-453%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\/18\/the-market-yesterday-453\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603339\" class=\"content-area-description single-story post-603339 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 17.21 | Sell 17.31<\/p>\n<p><b>EGP \/ USD at CIB:<\/b> Buy 17.20 | Sell 17.30<\/p>\n<p> <b>EGP \/ USD at NBE: <\/b>Buy 17.20 | Sell 17.30<\/p>\n<p><b>EGX30<\/b> (Wednesday): 14,864 (-0.7%)<\/p>\n<p> <b>Turnover:<\/b> EGP 437 mn (49% below the 90-day average)<\/p>\n<p> <b>EGX 30 year-to-date<\/b>: +14.0%<\/p>\n<p><b>THE MARKET ON WEDNESDAY:<\/b> The EGX30 ended Wednesday\u2019s session down 0.7%. CIB, the index heaviest constituent ended down 0.9%. EGX30\u2019s top performing constituents were GB Auto up 0.7%, Sarwa Capital Holding up 0.65%, and Ezz Steel up 0.5%. Yesterday\u2019s worst performing stocks were Elsewedy Electric down 3.2%, Arab Cotton Ginning down 2.4%, and Heliopolis Housing down 2.1%. The market turnover was EGP 437 mn, and local investors were the sole net sellers.<\/p>\n<p><b>Foreigners<\/b>: Net Long | EGP +2.0 mn<\/p>\n<p> <b>Regional<\/b>: Net Long | EGP +9.7 mn<\/p>\n<p> <b>Domestic<\/b>: Net Short | EGP -11.7mn<\/p>\n<p><b>Retail<\/b>: 54.7% of total trades | 48.8% of buyers | 60.6% of sellers<\/p>\n<p> <b>Institutions<\/b>: 45.3% of total trades | 51.2% of buyers | 39.4% of sellers<\/p>\n<p><b>WTI:<\/b> USD 63.72 (-0.06%)<\/p>\n<p> <b>Brent:<\/b> USD 71.62 (-0.14%)<\/p>\n<p><b>Natural Gas<\/b> (Nymex, futures prices) USD 2.51 MMBtu, (-0.40%, May 2019 contract)<\/p>\n<p> <b>Gold:<\/b> USD 1,276.60 \/ troy ounce (-0.02%)<\/p>\n<\/p>\n<p><b>TASI:<\/b> 9,238.05 (+1.08%) (YTD: +18.03%)<\/p>\n<p> <b>ADX:<\/b> 5,237.07 (+0.45%) (YTD: +6.55%)<\/p>\n<p> <b>DFM:<\/b> 2,813.22 (+0.76%) (YTD: +11.21%)<\/p>\n<p> <b>KSE Premier Market:<\/b> 6,174.95 (+0.11%)<\/p>\n<p> <b>QE:<\/b> 10,308.17 (+0.48%) (YTD: +0.09%)<\/p>\n<p> <b>MSM:<\/b> 3,977.19 (-0.19%) (YTD: -8.02%)<\/p>\n<p> <b>BB: <\/b>1,444.73 (+0.10%) (YTD: +8.04%)<\/p><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"603340\" 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\/18\/603340\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-603340\" class=\"content-area-description single-story post-603340 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>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>17-18 April (Wednesday-Thursday): <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-01-14\/opec-leaves-market-guessing-as-it-struggles-to-set-meeting-date\">OPEC+ meeting<\/a>, Vienna, Austria.<\/p>\n<p>21 April (Sunday): A court <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/227700_1.pdf\">will look into<\/a> 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 <a href=\"https:\/\/alborsaanews.com\/2019\/02\/04\/1174960\">postponed from 17 March<\/a>.<\/p>\n<p>21 April (Sunday): <a href=\"http:\/\/www.rtise-emea.com\/en\/index.php\/en\/\">RT Imaging Summit & Expo-EMEA<\/a>, InterContinental City Stars, Nasr City, Cairo, Egypt.<\/p>\n<p>21-22 April (Sunday-Monday): <a href=\"http:\/\/www.egyptcsrforum.com\/\">Egypt CSR Summit<\/a>, InterContinental City Stars, Nasr City, Cairo, Egypt.<\/p>\n<p>23-24 April (Tuesday-Wednesday): SME Corporate Governance Workshop, Fairmont Nile City Hotel, Cairo, Egypt.<\/p>\n<p>25 April (Thursday): Sinai Liberation Day, national holiday.<\/p>\n<p>25 April (Thursday): <a href=\"https:\/\/www.metropolis.org\/agenda\/2nd-belt-road-forum-international-cooperation\">Belt and Road Forum for International Cooperation<\/a>, Beijing, China.<\/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 <a href=\"https:\/\/www.elwatannews.com\/news\/details\/4078286\">visit Libya<\/a> to discuss trade, investment and reconstruction.<\/p>\n<p>May: An IMF delegation <a href=\"https:\/\/alborsaanews.com\/2019\/04\/02\/1191915\">will be in town<\/a> to conduct its final review of the reform program.ahead of the disbursement of the fifth and final tranche of Egypt\u2019s USD 12 bn IMF loan.<\/p>\n<p>1 May (Wednesday): Labor Day, national holiday.<\/p>\n<p>4 May (Saturday) An administrative court <a href=\"https:\/\/almalnews.com\/%D8%AA%D8%A3%D8%AC%D9%8A%D9%84-%D9%86%D8%B8%D8%B1-%D8%B7%D8%B9%D9%86-%D8%A3%D8%AF%D9%8A%D8%A8%D8%AA%D9%8A%D9%88-%D8%B9%D9%84%D9%89-%D8%A5%D9%84%D8%B2%D8%A7%D9%85%D9%87%D8%A7-%D8%A8%D8%B4%D8%B1%D8%A7\/\">will look into<\/a> an appeal by Emirati business figure Mohamed Alabbar\u2019s Adeptio AD Investments against a Financial Regulatory Authority order to submit a mandatory tender offer (MTO) for Americana.<\/p>\n<p>6 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 <a href=\"https:\/\/www.almalnews.com\/Story\/414224\/15\/-%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D9%83%D8%B3%D9%8A%D9%83-%D8%A8%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9--%D9%88%D9%81%D8%AF-%D9%85%D8%B5%D8%B1%D9%89-%D9%81%D9%89-%C2%AB%D9%85%D9%83%D8%B3%D9%8A%D9%83%D9%88-%D8%B3%D9%8A%D8%AA%D9%89%C2%BB-%D9%85%D9%86%D8%AA\">will head a delegation<\/a> of businessmen into Mexico City to explore cooperation avenues with the Latin American country.<\/p>\n<p>June: International Forum for small and medium enterprises (SMEs).<\/p>\n<p>June: Egypt will host the first economic forum for <a href=\"https:\/\/ufmsecretariat.org\/who-we-are\/\">Union for the Meditteranean<\/a> (UfM) countries to <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/04\/MIIT-PR-Egypt-med-union-forum.pdf\">promote trade and investment<\/a> in the 43 member states.<\/p>\n<p>4-5 June (Tuesday-Wednesday): <a href=\"https:\/\/www.ges2019.org\/\">Global Entrepreneurship Summit<\/a>, The Hague, the Netherlands<\/p>\n<p>5-6 June (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n<p>11-12 June (Tuesday-Wednesday): <a href=\"http:\/\/www.szwgroup.com\/offshore-mena-congress-2019\/\">Offshore Congress MENA<\/a>, InterContinental Semiramis, Cairo.<\/p>\n<p>16-17 June (Sunday-Monday): Mega Projects Conference, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>16-18 June (Sunday-Tuesday): Middle East & Africa Rail Show, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>17-18 June (Monday-Tuesday): <a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-north-africa\/index.stm\">Seamless North Africa<\/a>, Nile Ritz-Carlton, Cairo.<\/p>\n<p>17-19 June (Monday-Wednesday): <a href=\"http:\/\/platforms-root-technologies.com\/ctw\/\">Cairo Technology Week<\/a>, Hilton Heliopolis, Cairo.<\/p>\n<p>18-19 June (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>19-20 June (Wednesday-Thursday): <a href=\"https:\/\/www.pharosholding.com\/pharosinvestorconference2019\/#About_the_Conference\">Pharos Holding Annual Investor Conference<\/a>, El Gouna, Egypt.<\/p>\n<p>23 June (Sunday): <a href=\"http:\/\/www.almalnews.com\/Story\/413580\/11\/%D8%AA%D8%A3%D8%AC%D9%8A%D9%84-%D9%86%D8%B8%D8%B1-%D8%AF%D8%B9%D9%88%D9%89-%D8%B6%D8%AF-%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%AA%D9%8A-%D8%A8%D9%88%D8%B1%D8%AA%D9%88-%D9%88%D8%B9%D8%A7%D9%85%D8%B1-%D8%AC%D8%B1%D9%88%D8%A8-%D8%A5%D9%84%D9%89-23-%D9%8A%D9%88%D9%86%D9%8A\">Cairo Arbitration Court hearing<\/a> for Amer Group vs. Antaradous for Touristic Development<\/p>\n<p>28-29 June (Friday-Saturday): <a href=\"https:\/\/www.japan.go.jp\/g20japan\/\">G20 Global Economic Summit<\/a>, Osaka, Japan.<\/p>\n<p>30 June (Sunday): June 2013 protests anniversary, national holiday.<\/p>\n<p>July: Customs officials from Egypt and the US will sit down to discuss \u201c<a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=13042019&id=cfde9b1a-02c8-4a68-9157-558560dedc3a\">procedural and administrative matters<\/a>\u201d as part of the <a href=\"https:\/\/ustr.gov\/sites\/default\/files\/U.S.%20-%20Egypt%20TIFA.pdf\">Trade and Investment Framework Agreements (TIFA)<\/a>.<\/p>\n<p>11 July (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>19-21 July (Friday-Sunday): <a href=\"http:\/\/ledmiddleeast-expo.com\/\">LED Middle East Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23 July (Tuesday): 23 July revolution anniversary, national holiday.<\/p>\n<p>30-31 July (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>7-11 August (Wednesday-Sunday) Eid El Adha (TBC).<\/p>\n<p>22 August (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>29 August (Thursday): Islamic New Year (TBC), national holiday.<\/p>\n<p>2-4 September (Monday-Wednesday): <a href=\"https:\/\/www.thebig5constructegypt.com\/\">The Big 5 Construct Egypt<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>8-11 September (Sunday-Wednesday): <a href=\"https:\/\/www.saharaexpo.com\/en\/home.html\">Sahara Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-12 September (Monday-Thursday): The 9th Annual EFG Hermes London Conference, Arsenal Emirates Stadium, London.<\/p>\n<p>17-18 September (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>26 September (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>6 October (Sunday): Armed Forces Day, national holiday.<\/p>\n<p>10-13 October (Tuesday-Sunday): <a href=\"http:\/\/biwarabia.com\/en\/\">Big Industrial Week Arabia 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>23-24 October (Wednesday-Thursday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2019\/\">Intelligent Cities Exhibition & Conference<\/a>, Hilton Heliopolis, Cairo.<\/p>\n<p>23 October-1 November (Wednesday-Friday): CIB PSA Women\u2019s World Championship, Great Pyramid of Giza, Cairo.<\/p>\n<p>29-30 October (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>3-5 November (Sunday-Tuesday): <a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html\">Electrix 2019<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9 November (Saturday): Prophet Mohammed's birthday, national holiday.<\/p>\n<p>10-14 November (Sunday-Thursday): <a href=\"https:\/\/geomeast.org\/\">GeoMEast International Congress and Exhibition<\/a>, Marriott, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.mactech.com.eg\/\">Machtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.transpotech-eg.com\/\">Transpotech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>14-17 November (Thursday-Sunday): <a href=\"http:\/\/www.airtech-eg.com\/\">Airtech Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>December: Egypt <a href=\"https:\/\/www.almalnews.com\/Story\/402348\/14\/-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%B9%D8%B1%D8%B6--%D8%A8%D8%A7%D9%83-%D8%A8%D8%B1%D9%88%D8%B3%D9%8A%D8%B3--%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84-\">will host for the first time<\/a> the Pack Process trade expo for the Middle East and African region.<\/p>\n<p>3-6 December (Tuesday-Friday): <a href=\"http:\/\/www.cairowoodshow.com\/\">Cairo WoodShow<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.pacprocess-mea.com\/\">Pacprocess Middle East Africa<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>9-11 December (Monday-Wednesday): <a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa 2019 Expo<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>10-11 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>26 December (Thursday): Central Bank of Egypt\u2019s monetary policy committee will meet to review interest rates.<\/p>\n<p>9-12 January 2020 (Tuesday-Sunday): <a href=\"http:\/\/www.plastex-online.com\/\">PLASTEX<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>25 January 2020 (Saturday): 25 January revolution anniversary \/ Police Day, national holiday.<\/p>\n<p>11-13 February 2020 (Tuesday-Thursday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International<\/p>\n<p>Exhibition Center, Nasr City, Cairo.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":603306,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-603305","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"813ecba3-e0c6-46b4-b75c-67011856bb84","teaser":"","photo_url":"https:\/\/ent.news\/2018\/9\/1988.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>Moody\u2019s upgrades Egypt\u2019s credit rating to B2 with stable outlook - 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\/moodys-upgrades-egypts-credit-rating-to-b2-with-stable-outlook\/\" \/>\n<meta property=\"og:locale\" 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