{"id":621638,"date":"2018-11-14T04:31:39","date_gmt":"2018-11-14T04:31:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=621638"},"modified":"2025-12-17T06:28:42","modified_gmt":"2025-12-17T06:28:42","slug":"egypt-gets-tub-tubs-from-imf-in-latest-regional-outlook-report","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-gets-tub-tubs-from-imf-in-latest-regional-outlook-report\/","title":{"rendered":"Egypt gets tub-tubs from IMF in latest regional outlook report"},"content":{"rendered":"<section id=\"621640\" 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=\"621640\">\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\/2018\/11\/14\/what-were-tracking-on-13-november-2018-swf-regs-and-ceo-ma-forum-auc-coins\/\">\r\n                            What we\u2019re tracking on 13 November 2018: SWF regs and CEO, M&#038;A forum, AUC coins                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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 <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/what-were-tracking-on-13-november-2018-swf-regs-and-ceo-ma-forum-auc-coins\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621640\" class=\"content-area-description single-story post-621640 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-auc tag-enterpriseam tag-ma-watch 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><strong>Wealth fund regulations to be completed \u201cwithin days\u201d: <\/strong>The bylaws and articles that will regulate Egypt\u2019s proposed EGP 200 bn sovereign wealth fund will be completed within the coming days, <a href=\"https:\/\/www.youm7.com\/story\/2018\/11\/13\/%D9%85%D8%B5%D8%AF%D8%B1-%D8%A7%D9%84%D8%A7%D9%86%D8%AA%D9%87%D8%A7%D8%A1-%D9%85%D9%86-%D8%A7%D9%84%D9%86%D8%B8%D8%A7%D9%85-%D8%A7%D9%84%D8%A3%D8%B3%D8%A7%D8%B3%D9%89-%D9%84%D9%84%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%AF%D9%89-%D8%AE%D9%84%D8%A7%D9%84-%D8%A3%D9%8A%D8%A7%D9%85\/4029290\">Youm7<\/a> reports, citing an unnamed official in the Planning Ministry.<\/p><p><strong>But don\u2019t expect a CEO to be named just yet. <\/strong>While Youm7\u2019s source tells it that a CEO could be named within days, an insider tells us that the team working on the fund will need more time before it announces who will lead the high-profile fund. We had reported in late October that a <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/29\/egypts-swf-to-be-managed-by-egyptian\/\">shortlist of Egyptian candidates<\/a> had been sent to the Madbouly cabinet for approval. Youm7\u2019s source notes that the Sisi administration is keen to launch the fund before year-end.<\/p><p><strong>The <\/strong><a href=\"https:\/\/events.mergermarket.com\/egypt\"><strong>Egypt M&amp;A and Private Equity Forum\u00a0<\/strong><\/a>gets underway this morning at the Nile Ritz Carlton.<\/p><p><strong>It looks like Egypt is going to issue commemorative coins marking the 100th anniversary of AUC\u2019s founding<\/strong> according to a statement issued yesterday by the Council of Ministers. AUC was founded in 1919. We have more on their weekly cabinet meeting in Speed Round, below.<\/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\/auc\/\">AUC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/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=\"621645\" 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 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   <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\/2018\/11\/14\/last-nights-talk-shows-conference-on-libya-in-palermo-leads-conversation-on-the-airwaves\/\">\r\n                            Last night\u2019s talk shows: Conference on Libya in Palermo leads conversation on the airwaves                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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 <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/last-nights-talk-shows-conference-on-libya-in-palermo-leads-conversation-on-the-airwaves\/&title=Last night\u2019s talk shows: Conference on Libya in Palermo leads conversation on the airwaves\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Last+night%E2%80%99s+talk+shows%3A+Conference+on+Libya+in+Palermo+leads+conversation+on+the+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Flast-nights-talk-shows-conference-on-libya-in-palermo-leads-conversation-on-the-airwaves%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" 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night of bland miscellany, <strong>the conference on Libya in Palermo continued to lead the conversation on the airwaves<\/strong>.<\/p>\n<p><strong>The conference was long overdue<\/strong> and the international community should have directed more attention to the crisis in Libya as it was unfolding, former Foreign Minister Mohamed Orabi tol Al Hayah Al Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=tEtReFSC9uM\">watch, runtime: 7:00<\/a>). Former Foreign Minister Hussein Haridy, meanwhile, blamed foreign \u201cmeddling\u201d in Libya for halting progress on the Libyan unity agreement. He also told Masaa DMC\u2019s Osama Kamal that the Palermo conference is meant to revive the 2015 agreement between rival Libyan factions to form a unity government (<a href=\"https:\/\/www.youtube.com\/watch?v=Qai-VUMu16E&t=13s\">watch, runtime: 4:06<\/a>). Yahduth fi Masr\u2019s coverage of the conference was limited to airing highlights from President Abdel Fattah El Sisi\u2019s speech at the conference (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/996320153902319\/\">watch, runtime: 2:55<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/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\/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\/libya\/\">Libya<\/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=\"621648\" 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=\"621648\">\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\/2018\/11\/14\/egypt-is-the-star-of-oil-importers-in-the-region-according-to-the-imf\/\">\r\n                            Egypt is the star of oil-importers in the region, according to the IMF                        <\/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\/2018\/11\/14\/egypt-is-the-star-of-oil-importers-in-the-region-according-to-the-imf\/\" 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\/2018\/11\/14\/egypt-is-the-star-of-oil-importers-in-the-region-according-to-the-imf\/')\">\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\/2018\/11\/14\/egypt-is-the-star-of-oil-importers-in-the-region-according-to-the-imf\/\">\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 is the star of oil-importers in the region, according to the IMF&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/egypt-is-the-star-of-oil-importers-in-the-region-according-to-the-imf\/\">\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\/2018\/11\/14\/egypt-is-the-star-of-oil-importers-in-the-region-according-to-the-imf\/&title=Egypt is the star of oil-importers in the region, according to the IMF\">\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+is+the+star+of+oil-importers+in+the+region%2C+according+to+the+IMF+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Fegypt-is-the-star-of-oil-importers-in-the-region-according-to-the-imf%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\/2018\/11\/14\/egypt-is-the-star-of-oil-importers-in-the-region-according-to-the-imf\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621648\" class=\"content-area-description single-story post-621648 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-imf tag-middle-east tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Egypt is the star among regional oil importers, according to the IMF:<\/strong> Egypt is setting the trend for growth and adoption IMF-backed economic policies among oil importing countries in the Middle East, according to the <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/11\/chp2-en-reo1118.pdf\">oil importers chapter of IMF\u2019s November 2018 Regional Economic Outlook: Middle East and Central Asia (pdf)<\/a>. \u201cContinued strong growth in Egypt and Pakistan in FY2018 is driving the regional aggregate growth higher, masking weaker and more fragile growth in other countries, particularly those affected by conflict or its spillovers (Afghanistan, Jordan, Lebanon, Somalia),\u201d the report says. Growth in the region is projected to reach 4.5% in 2018, up from 4.1% in 2017, before moderating to 4% in 2019, says the report.<\/p>\n<p><strong>Egypt is the frontrunner on key metrics: <\/strong>Egypt and Tunisia were named as among the regional countries where private investment is expected to increase as a result of improved confidence. Egypt will largely drive a projected regional surge in export growth, which is expected to grow 15.4% this year, outpacing import growth of 10.1%. <strong>Egypt\u2019s strong performance on the export front<\/strong> reflects \u201cbase effects from receding macroeconomic imbalances during 2016\u201317 and an improved business environment. \u2026 Moreover, tourist arrivals have risen steadily following improvements in security, a weaker exchange rate, and a resumption of direct flights from Russia. More broadly, growth in Europe has supported an increase in exports across the region.\u201d<\/p>\n<p><strong>Egypt received praise from the IMF for an improving business environment.<\/strong> \u201cWith new laws on bankruptcy and insolvency, Egypt and Tunisia have sought to facilitate the restructuring of failing firms. Egypt is also taking steps to make it easier to improve access to industrial land for business and will sell minority shares in five state firms this year to reduce the role of the state in the economy.\u201d It also praised attempts at strengthening government institutions, including strengthening the competition authority, and making it easier for businesses to get credit.<\/p>\n<p><strong>Egypt has also been the biggest issuer of sovereign bonds in the Middle East<\/strong>, accounting for USD 6.5 bn of the USD 12 bn in issued by states in 1H2018. The report noted that that the borrowing came \u201camid favorable external financing conditions earlier this year. \u2026 The market anticipates issuances from other countries in the region later this year. However, this could prove challenging as emerging market financial conditions have tightened.\u201d<\/p>\n<p><strong>As for regional oil exporters<\/strong>, the IMF warns them not to be complacent with the gains they have made as a result of higher oil prices. Rising oil prices are expected to narrow the GCC\u2019s budget deficit by a collective USD 77 bn, the report said, but it sounds to us as if that statement was written well before crude recent plunge of more than 20%.<\/p>\n<p><strong>You can download the full regional <\/strong><a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/11\/en-reo1118.pdf\"><strong>report here (pdf)<\/strong><\/a> or visit the <a href=\"https:\/\/www.imf.org\/en\/Publications\/REO\/MECA\/Issues\/2018\/10\/02\/mreo1018\">landing page here<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/imf\/\">IMF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/middle-east\/\">Middle East<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"621657\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621658\" 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=\"621658\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Up Next<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/what-were-tracking-this-week-and-beyond-56\/\">\r\n                            What we\u2019re tracking this week and beyond                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/what-were-tracking-this-week-and-beyond-56\/\" 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\/2018\/11\/14\/what-were-tracking-this-week-and-beyond-56\/')\">\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\/2018\/11\/14\/what-were-tracking-this-week-and-beyond-56\/\">\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 this week and beyond&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/what-were-tracking-this-week-and-beyond-56\/\">\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\/2018\/11\/14\/what-were-tracking-this-week-and-beyond-56\/&title=What we\u2019re tracking this week and beyond\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+and+beyond+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Fwhat-were-tracking-this-week-and-beyond-56%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\/2018\/11\/14\/what-were-tracking-this-week-and-beyond-56\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621658\" class=\"content-area-description single-story post-621658 post type-post status-publish format-standard hentry category-up-next tag-ebrd tag-enterpriseam tag-environment tag-france tag-healthcare tag-legislation tag-real-estate-registry-act tag-up-next wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Amendments to Real Estate Registry Act coming:<\/strong> The Madbouly Cabinet is planning to introduce a bill to the House of Representatives amending the Real Estate Registry Act this week after the Egyptian Council of State completes its review, <a href=\"https:\/\/alborsaanews.com\/2018\/11\/11\/1150452\">Parliamentary Affairs Minister Omar Marwan said<\/a>. He did not reveal details of the amendments.<\/p>\n<p><a href=\"https:\/\/www.cbd.int\/conferences\/2018\"><strong>The UN Biodiversity Conference<\/strong><\/a> headlined \u201cinvesting in biodiversity for people and the planet\u201d will run Thursday, 13 November through to Thursday, 29 November in Sharm El Sheikh.<\/p>\n<p><strong>EBRD\u2019s <\/strong><a href=\"https:\/\/www.ebrd.com\/news\/events\/digitalisation-opportunities-for-innovation-in-consultancy-.html\"><strong>conference on opportunities for consultancies in digitalization<\/strong><\/a> will run 14-15 November at the Marriott Mena House Hotel.<\/p>\n<p><strong>French healthcare forum:<\/strong> A delegation of French companies working in the health sector will <a href=\"https:\/\/alborsaanews.com\/2018\/11\/13\/1151308\">join the French-Egyptian Healthcare Forum<\/a> on Monday, 19 November.<\/p>\n<p><strong>The government is due to announce in mid-November the date of its first auction of \u2018unused\u2019 state land<\/strong>, Public Enterprise Minister Hisham Tawfik has said. As many as 10 mn sqm of state-owned land in 10 governorates will be up for sale to developers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ebrd\/\">EBRD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/environment\/\">environment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/france\/\">France<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/healthcare\/\">healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-registry-act\/\">Real Estate Registry Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/up-next\/\">Up Next<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621659\" 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=\"621659\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/egypt-in-the-news-mental-health-cancer-patients-beekeepers-and-abu-trika\/\">\r\n                            Egypt in the News: Mental health, cancer patients, beekeepers and Abu Trika                        <\/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\/2018\/11\/14\/egypt-in-the-news-mental-health-cancer-patients-beekeepers-and-abu-trika\/\" 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\/2018\/11\/14\/egypt-in-the-news-mental-health-cancer-patients-beekeepers-and-abu-trika\/')\">\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\/2018\/11\/14\/egypt-in-the-news-mental-health-cancer-patients-beekeepers-and-abu-trika\/\">\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: Mental health, cancer patients, beekeepers and Abu Trika&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/egypt-in-the-news-mental-health-cancer-patients-beekeepers-and-abu-trika\/\">\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\/2018\/11\/14\/egypt-in-the-news-mental-health-cancer-patients-beekeepers-and-abu-trika\/&title=Egypt in the News: Mental health, cancer patients, beekeepers and Abu Trika\">\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%3A+Mental+health%2C+cancer+patients%2C+beekeepers+and+Abu+Trika+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Fegypt-in-the-news-mental-health-cancer-patients-beekeepers-and-abu-trika%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\/2018\/11\/14\/egypt-in-the-news-mental-health-cancer-patients-beekeepers-and-abu-trika\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621659\" class=\"content-area-description single-story post-621659 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-health tag-muslim-brotherhood wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s another relatively quiet day for Egypt <\/strong>in the international press, with no one story driving the conversation.<\/p>\n<p><strong>Mental illness in Egypt is associated with significant stigma <\/strong>and those in need of help have trouble getting it, <a href=\"https:\/\/www.thenational.ae\/world\/mena\/cairo-metro-suicide-warnings-shed-light-on-egypt-s-mental-health-apathy-1.791147\">Walt Curnow writes for the National<\/a>. Society at large is insensitive to the issue, which has continued to affect more people \u2013 especially the youth who \u201cfeel trapped\u201d by poor economic and social prospects. Even though Egypt\u2019s suicide rate, according to World Health Organization statistics, is among the lowest internationally, evidence is suggesting that the rate is much higher \u2014 or at best \u2014 gaining momentum. A recently created Facebook page, <a href=\"https:\/\/www.facebook.com\/breakthesilenceegy\/photos\/a.698587413679791\/882281275310403\/?type=3&theater\">Break the Silence<\/a>, aims to raise awareness.<\/p>\n<p>\u00a0Among the handful of other stories out there:<\/p>\n<ul>\n<li><strong>Retired soccer great Aboutrika has been hit with a one-year jail sentence <\/strong>for tax evasion. The onetime icon, hit with charges he has Ikhwan sympathies, has lived in exile as a football commentator in Qatar since 2013. The <a href=\"https:\/\/www.news24.com\/Africa\/News\/egypts-retired-soccer-star-sentenced-to-1-year-in-prison-20181113-2\">Associated Press<\/a> has the story.<\/li>\n<li><strong>Egypt is taking down street signs bearing the names of Ikhwan leaders,<\/strong> <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2018\/11\/egypt-changes-streets-named-after-muslim-brotherhood-leaders.html\">according to Al Monitor<\/a>.<\/li>\n<li><strong>A court has sentenced a policeman to three years in prison<\/strong> and another to six months for beating a detainee to death, prompting criticism on social media, <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/verdict-against-police-for-detainees-death-stirs-criticism\/2018\/11\/13\/00ea1624-e73b-11e8-8449-1ff263609a31_story.html?noredirect=on&utm_term=.65f93fbbad8e\">AP reported<\/a>.<\/li>\n<li><strong>An initiative looks to help women cancer patients <\/strong>handle the physical side-effects of their treatment, <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-cancer-rehabilitation\/women-cancer-patients-learn-makeup-tips-in-new-egypt-workshop-idUSKCN1NH21W\">Reuters<\/a> reports.<\/li>\n<li><strong>An Egyptian beekeeper claims he is curing patients<\/strong> of rheumatism and boosting their immunity levels, <a href=\"https:\/\/af.reuters.com\/article\/commoditiesNews\/idAFL8N1XO7PY\">according to Reuters<\/a>. <\/li>\n<li><strong>Football flap: <\/strong>The postponement of next week\u2019s Egypt-UAE football friendly game has angered the UAE\u2019s Football Association, <a href=\"https:\/\/www.thenational.ae\/sport\/football\/uae-fa-slam-advertising-agency-for-postponing-egypt-friendly-1.791312\">says the National<\/a>.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/muslim-brotherhood\/\">Muslim Brotherhood<\/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=\"621660\" 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=\"621660\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/rival-libyan-leaders-agree-on-un-plan-for-2019-elections-at-palermo-conference\/\">\r\n                            Rival Libyan leaders agree on UN plan for 2019 elections at Palermo conference                        <\/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\/2018\/11\/14\/rival-libyan-leaders-agree-on-un-plan-for-2019-elections-at-palermo-conference\/\" 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\/2018\/11\/14\/rival-libyan-leaders-agree-on-un-plan-for-2019-elections-at-palermo-conference\/')\">\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\/2018\/11\/14\/rival-libyan-leaders-agree-on-un-plan-for-2019-elections-at-palermo-conference\/\">\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=Rival Libyan leaders agree on UN plan for 2019 elections at Palermo conference&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/rival-libyan-leaders-agree-on-un-plan-for-2019-elections-at-palermo-conference\/\">\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\/2018\/11\/14\/rival-libyan-leaders-agree-on-un-plan-for-2019-elections-at-palermo-conference\/&title=Rival Libyan leaders agree on UN plan for 2019 elections at Palermo conference\">\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=Rival+Libyan+leaders+agree+on+UN+plan+for+2019+elections+at+Palermo+conference+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Frival-libyan-leaders-agree-on-un-plan-for-2019-elections-at-palermo-conference%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\/2018\/11\/14\/rival-libyan-leaders-agree-on-un-plan-for-2019-elections-at-palermo-conference\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621660\" class=\"content-area-description single-story post-621660 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy tag-diplomacy-foreign-trade tag-enterpriseam tag-khalifa-haftar tag-libya wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Rival Libyan leaders agree on UN plan for 2019 elections at Palermo conference:<\/strong> Libya\u2019s rival leaders, Egypt-backed military commander Gen. Khalifa Haftar and Tripoli-based Prime Minister Fayez Al Sarraj, agreed yesterday on a UN-proposed political transition plan, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-11-13\/libya-summit-ends-with-little-more-than-pledge-to-meet-again\">according to Bloomberg<\/a>. The two leaders, whose meeting at a two-day conference in Palermo to discuss the plan was their first in five years, agreed to attend a national conference early next year to lay the groundwork for national elections by Spring 2019. Egypt was among 38 countries and organizations attending the conference in hopes of brokering the agreement.<\/p>\n<p>On the sidelines of the gathering,<strong> President Abdel Fattah El Sisi met with Italian Prime Minister Giuseppe Conte<\/strong> to discuss bilateral relations including the latest developments in investigation into Giulio Regeni\u2019s murder, as well as economic cooperation and other issues of mutual interest, <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/505678219951563?__tn__=-R\">according to an Ittihadiya statement<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/khalifa-haftar\/\">Khalifa Haftar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/libya\/\">Libya<\/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=\"621663\" 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=\"621663\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/infinity-solar-to-build-eur-350-mn-300-mw-wind-power-plants-in-gulf-of-suez\/\">\r\n                            Infinity Solar to build EUR 350 mn, 300 MW wind power plants in Gulf of Suez                        <\/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\/2018\/11\/14\/infinity-solar-to-build-eur-350-mn-300-mw-wind-power-plants-in-gulf-of-suez\/\" 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\/2018\/11\/14\/infinity-solar-to-build-eur-350-mn-300-mw-wind-power-plants-in-gulf-of-suez\/')\">\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\/2018\/11\/14\/infinity-solar-to-build-eur-350-mn-300-mw-wind-power-plants-in-gulf-of-suez\/\">\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=Infinity Solar to build EUR 350 mn, 300 MW wind power plants in Gulf of Suez&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/infinity-solar-to-build-eur-350-mn-300-mw-wind-power-plants-in-gulf-of-suez\/\">\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\/2018\/11\/14\/infinity-solar-to-build-eur-350-mn-300-mw-wind-power-plants-in-gulf-of-suez\/&title=Infinity Solar to build EUR 350 mn, 300 MW wind power plants in Gulf of Suez\">\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=Infinity+Solar+to+build+EUR+350+mn%2C+300+MW+wind+power+plants+in+Gulf+of+Suez+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Finfinity-solar-to-build-eur-350-mn-300-mw-wind-power-plants-in-gulf-of-suez%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\/2018\/11\/14\/infinity-solar-to-build-eur-350-mn-300-mw-wind-power-plants-in-gulf-of-suez\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621663\" class=\"content-area-description single-story post-621663 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam tag-infinity tag-new-and-renewable-energy-authority tag-renewables wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.cc9b5d34-1083-497a-bbb3-fc822ba5d511.mp3\"><\/audio><\/figure>\n<p>Infinity Solar is planning to build EUR 350 mn-worth of wind power plants with a combined capacity of 300 MW in the Gulf of Suez, a source from the New and Renewable Energy Authority (NREA) <a href=\"https:\/\/almalnews.com\/Story\/398329\/59\/%D8%A5%D9%86%D9%81%D9%8A%D9%86%D8%AA%D9%8A-%D8%B3%D9%88%D9%84%D8%A7%D8%B1-%D8%AA%D8%AA%D9%82%D8%AF%D9%85-%D9%84%D9%84%D8%AD%D8%B5%D9%88%D9%84-%D8%B9%D9%84%D9%89-3-%D9%82%D8%B7%D8%B9-%D8%A3%D8%B1%D8%A7%D8%B6-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D8%B7%D8%A7%D9%82%D8%A9-%D8%A7%D9%84%D9%85%D8%AA%D8%AC%D8%AF%D8%AF%D8%A9\">tells Al Mal<\/a>. The company has submitted a request to the NREA to allocate three plots of land to for the plants, which it will set up under an independent power producer (IPP) framework. We had <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/17\/infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021\/\">previously noted<\/a> that Infinity is looking to invest USD 400 mn in renewables projects in Egypt between 2019-2021 and had recently <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/26\/eetc-allows-infinity-solar-to-build-2-wind-powered-stations-under-ipp-framework\/\">obtained licenses<\/a> for two wind-powered stations with a combined capacity of 100 MW.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infinity\/\">Infinity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-and-renewable-energy-authority\/\">New and Renewable Energy Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621666\" 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=\"621666\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/gasc-to-decide-on-20-november-the-winning-company-for-egypts-first-intl-rice-tender\/\">\r\n                            GASC to decide on 20 November the winning company for Egypt\u2019s first int\u2019l rice tender                        <\/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\/2018\/11\/14\/gasc-to-decide-on-20-november-the-winning-company-for-egypts-first-intl-rice-tender\/\" 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\/2018\/11\/14\/gasc-to-decide-on-20-november-the-winning-company-for-egypts-first-intl-rice-tender\/')\">\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\/2018\/11\/14\/gasc-to-decide-on-20-november-the-winning-company-for-egypts-first-intl-rice-tender\/\">\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=GASC to decide on 20 November the winning company for Egypt\u2019s first int\u2019l rice tender&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/gasc-to-decide-on-20-november-the-winning-company-for-egypts-first-intl-rice-tender\/\">\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\/2018\/11\/14\/gasc-to-decide-on-20-november-the-winning-company-for-egypts-first-intl-rice-tender\/&title=GASC to decide on 20 November the winning company for Egypt\u2019s first int\u2019l rice tender\">\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=GASC+to+decide+on+20+November+the+winning+company+for+Egypt%E2%80%99s+first+int%E2%80%99l+rice+tender+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Fgasc-to-decide-on-20-november-the-winning-company-for-egypts-first-intl-rice-tender%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\/2018\/11\/14\/gasc-to-decide-on-20-november-the-winning-company-for-egypts-first-intl-rice-tender\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621666\" class=\"content-area-description single-story post-621666 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-commodities tag-enterpriseam tag-gasc wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.ec677d1d-5ee8-4fc9-a7f9-86693a0051bb.mp3\"><\/audio><\/figure>\n<p>The General Authority for Supply Commodities (GASC) will announce on Tuesday, 20 November the results of its tender for 25k tonnes of short or medium grain milled white rice, <a href=\"https:\/\/alborsaanews.com\/2018\/11\/13\/1151046\">a source from the Supply Ministry said<\/a>. Eleven companies submitted offers to supply a combined 546k tonnes of rice from China, India, and Vietnam. The bidding window for the tender, which <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/22\/gasc-issues-first-international-rice-tender-2\/\">GASC issued last month<\/a>, closed yesterday, with delivery dates in January and February.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gasc\/\">GASC<\/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=\"621668\" 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=\"621668\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/porto-group-el-mostakbal-to-invest-egp-11-9-bn-to-co-develop-porto-city\/\">\r\n                            Porto Group, El Mostakbal to invest EGP 11.9 bn to co-develop Porto City                        <\/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\/2018\/11\/14\/porto-group-el-mostakbal-to-invest-egp-11-9-bn-to-co-develop-porto-city\/\" 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\/2018\/11\/14\/porto-group-el-mostakbal-to-invest-egp-11-9-bn-to-co-develop-porto-city\/')\">\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\/2018\/11\/14\/porto-group-el-mostakbal-to-invest-egp-11-9-bn-to-co-develop-porto-city\/\">\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=Porto Group, El Mostakbal to invest EGP 11.9 bn to co-develop Porto City&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/porto-group-el-mostakbal-to-invest-egp-11-9-bn-to-co-develop-porto-city\/\">\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\/2018\/11\/14\/porto-group-el-mostakbal-to-invest-egp-11-9-bn-to-co-develop-porto-city\/&title=Porto Group, El Mostakbal to invest EGP 11.9 bn to co-develop Porto City\">\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=Porto+Group%2C+El+Mostakbal+to+invest+EGP+11.9+bn+to+co-develop+Porto+City+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Fporto-group-el-mostakbal-to-invest-egp-11-9-bn-to-co-develop-porto-city%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\/2018\/11\/14\/porto-group-el-mostakbal-to-invest-egp-11-9-bn-to-co-develop-porto-city\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621668\" class=\"content-area-description single-story post-621668 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-porto-group tag-real-estate tag-real-estate-housing tag-urban-development wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.342682e2-b3da-4ccf-bb58-3074d6638e30.mp3\"><\/audio><\/figure>\n<p>Porto Group and El Mostakbal will invest EGP 11.9 bn to co-develop Porto City, for which the two companies signed an agreement <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/06\/porto-group-signs-agreement-to-co-develop-porto-city-with-el-mostakbal\/\">earlier this month<\/a>, according to <a href=\"https:\/\/alborsaanews.com\/2018\/11\/13\/1151065\">local press reports<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/porto-group\/\">Porto Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/urban-development\/\">urban development<\/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=\"621669\" 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=\"621669\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/egyptian-tourism-federation-looking-to-hire-british-law-firm-to-handle-negative-press\/\">\r\n                            Egyptian Tourism Federation looking to hire British law firm to handle negative press                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div 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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\/2018\/11\/14\/egyptian-tourism-federation-looking-to-hire-british-law-firm-to-handle-negative-press\/&title=Egyptian Tourism Federation looking to hire British law firm to handle negative press\">\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+Tourism+Federation+looking+to+hire+British+law+firm+to+handle+negative+press+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Fegyptian-tourism-federation-looking-to-hire-british-law-firm-to-handle-negative-press%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\/2018\/11\/14\/egyptian-tourism-federation-looking-to-hire-british-law-firm-to-handle-negative-press\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621669\" class=\"content-area-description single-story post-621669 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-hurghada tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.4143ca43-e0b5-4083-bfbc-43aee108f0ba.mp3\"><\/audio><\/figure>\n<p>The Egyptian Tourism Federation is looking to hire a British law firm to handle cases and rumors that have a negative impact on Egypt\u2019s tourism industry, board of directors member <a href=\"https:\/\/alborsaanews.com\/2018\/11\/12\/1150400\">Moudy El Shaer said<\/a>. The <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/13\/tests-show-e-coli-killed-british-tourist-couple-public-prosecutor\/\">death of two English tourists<\/a> at a hotel in Hurghada had opened the floodgates of negative coverage of Egypt, particularly in the British press.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hurghada\/\">Hurghada<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"621670\" 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=\"621670\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/sme-development-authority-in-talks-with-eu-and-eib-for-eur-87-mn-in-funding\/\">\r\n                            SME Development Authority in talks with EU and EIB for EUR 87 mn in funding                        <\/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\/2018\/11\/14\/sme-development-authority-in-talks-with-eu-and-eib-for-eur-87-mn-in-funding\/\" 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\/2018\/11\/14\/sme-development-authority-in-talks-with-eu-and-eib-for-eur-87-mn-in-funding\/')\">\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\/2018\/11\/14\/sme-development-authority-in-talks-with-eu-and-eib-for-eur-87-mn-in-funding\/\">\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=SME Development Authority in talks with EU and EIB for EUR 87 mn in funding&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/sme-development-authority-in-talks-with-eu-and-eib-for-eur-87-mn-in-funding\/\">\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\/2018\/11\/14\/sme-development-authority-in-talks-with-eu-and-eib-for-eur-87-mn-in-funding\/&title=SME Development Authority in talks with EU and EIB for EUR 87 mn in funding\">\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=SME+Development+Authority+in+talks+with+EU+and+EIB+for+EUR+87+mn+in+funding+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Fsme-development-authority-in-talks-with-eu-and-eib-for-eur-87-mn-in-funding%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\/2018\/11\/14\/sme-development-authority-in-talks-with-eu-and-eib-for-eur-87-mn-in-funding\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621670\" class=\"content-area-description single-story post-621670 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam tag-eu tag-european-investment-bank tag-investment-watch tag-sme-development-authority wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.eaad040a-4c61-4106-bff9-a472380686e9.mp3\"><\/audio><\/figure>\n<p>The SME Development Authority is in talks with the EU and the European Investment Bank (EIB) for a combined EUR 87 mn in loans to finance projects, Amwal Al Ghad reports. The authority is currently in talks with the EIB for EUR 60 mn \u2014 EUR 45 mn of which would be dedicated to financing new projects, and EUR 15 mn for scholarships. Talks with the EU involve EUR 27 mn in financing to develop local talent. The authority is <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/13\/smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes\/\">also in talks<\/a> with the World Bank over a USD 200 mn loan, and with Germany\u2019s state-owned development bank KfW for a separate USD 100 mn package. It expects the agreements to be concluded by the end of 2018.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/european-investment-bank\/\">European Investment Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sme-development-authority\/\">SME Development Authority<\/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=\"621671\" 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=\"621671\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/mm-group-to-increase-stake-in-kuwait-distribution-to-59-1\/\">\r\n                            MM Group to increase stake in Kuwait Distribution to 59.1%                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/mm-group-to-increase-stake-in-kuwait-distribution-to-59-1\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/mm-group-to-increase-stake-in-kuwait-distribution-to-59-1\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/mm-group-to-increase-stake-in-kuwait-distribution-to-59-1\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=MM Group to increase stake in Kuwait Distribution to 59.1%&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/mm-group-to-increase-stake-in-kuwait-distribution-to-59-1\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/mm-group-to-increase-stake-in-kuwait-distribution-to-59-1\/&title=MM Group to increase stake in Kuwait Distribution to 59.1%\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=MM+Group+to+increase+stake+in+Kuwait+Distribution+to+59.1%25+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Fmm-group-to-increase-stake-in-kuwait-distribution-to-59-1%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/mm-group-to-increase-stake-in-kuwait-distribution-to-59-1\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621671\" class=\"content-area-description single-story post-621671 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-mas tag-other-business-news-of-note tag-retail tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.41749fe7-cd4f-4b68-bcb3-9eb912c61efb.mp3\"><\/audio><\/figure>\n<p><a href=\"https:\/\/mti-mmgroup.com\/\">MM Group for Industry and International Trade<\/a> is planning to increase its stake in <a href=\"http:\/\/www.kanawat-eg.com\/\">Kanawat Distribution<\/a> to 59.1% from 37.5%, <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/223316_1.pdf\">according to an EGX disclosure (pdf)<\/a>. The company is expecting to finalize the transaction \u201cwithin days,\u201d IR manager Ashraf Ghannam <a href=\"https:\/\/www.almalnews.com\/Story\/398351\/11\/%C2%AB%D8%A5%D9%85-%D8%A5%D9%85-%D8%AC%D8%B1%D9%88%D8%A8%C2%BB-%D8%AA%D8%B1%D9%81%D8%B9-%D9%85%D8%B3%D8%A7%D9%87%D9%85%D8%AA%D9%87%D8%A7-%D9%81%D9%89-%C2%AB%D9%82%D9%86%D9%88%D8%A7%D8%AA-%D9%84%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9%C2%BB-%D8%A5%D9%84%D9%89-%D8%A8%D8%A7%D9%84%D9%85%D8%A6%D8%A959-\">tells Al Mal<\/a>. Ghannam didn\u2019t mention the shareholders MM is looking to buy out.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mas\/\">M&amp;As<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/retail\/\">retail<\/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=\"621672\" 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=\"621672\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/finance-ministry-to-select-winning-company-to-digitize-tax-authority-mid-december\/\">\r\n                            Finance Ministry to select winning company to digitize tax authority mid-December                        <\/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\/2018\/11\/14\/finance-ministry-to-select-winning-company-to-digitize-tax-authority-mid-december\/\" 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\/2018\/11\/14\/finance-ministry-to-select-winning-company-to-digitize-tax-authority-mid-december\/')\">\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\/2018\/11\/14\/finance-ministry-to-select-winning-company-to-digitize-tax-authority-mid-december\/\">\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=Finance Ministry to select winning company to digitize tax authority mid-December&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/finance-ministry-to-select-winning-company-to-digitize-tax-authority-mid-december\/\">\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\/2018\/11\/14\/finance-ministry-to-select-winning-company-to-digitize-tax-authority-mid-december\/&title=Finance Ministry to select winning company to digitize tax authority mid-December\">\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=Finance+Ministry+to+select+winning+company+to+digitize+tax+authority+mid-December+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2Ffinance-ministry-to-select-winning-company-to-digitize-tax-authority-mid-december%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\/2018\/11\/14\/finance-ministry-to-select-winning-company-to-digitize-tax-authority-mid-december\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621672\" class=\"content-area-description single-story post-621672 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-economy tag-egypt-politics-economics tag-egyptian-tax-authority tag-enterpriseam tag-finance tag-finance-ministry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.6018155a-1350-422b-a017-6f2875d6bc2b.mp3\"><\/audio><\/figure>\n<p>The Finance Ministry <a href=\"https:\/\/alborsaanews.com\/2018\/11\/13\/1151348\">will reportedly select the winning company<\/a> in its tender to digitize the Tax Authority by mid-December. Five unnamed companies are competing in the tender. Meanwhile, Finance Minister Mohamed Maait issued yesterday a decision requiring shops to begin using a tool linking its business records with the Tax Authority, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=13112018&id=f3b382c0-d933-4cfd-907b-848b1e87a406\">according to Al Shorouk<\/a>. The decisions are part of the government\u2019s plan to transition towards a cashless economy \u2014 which is at the heart of the economic reform agenda.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-tax-authority\/\">Egyptian Tax Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance-ministry\/\">Finance 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=\"621673\" 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=\"621673\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/621673\/\">\r\n                                                    <\/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\/2018\/11\/14\/621673\/\" 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\/2018\/11\/14\/621673\/')\">\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\/2018\/11\/14\/621673\/\">\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=&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/621673\/\">\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\/2018\/11\/14\/621673\/&title=\">\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=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F14%2F621673%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\/2018\/11\/14\/621673\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621673\" class=\"content-area-description single-story post-621673 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\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.86 | Sell 17.95<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.86 | Sell 17.96<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.78 | Sell 17.88<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 13,544 (-1.0%)<br \/>\n <strong>Turnover:<\/strong> EGP 1 bn (34% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -9.8%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended yesterday\u2019s session down 1%. CIB, the index heaviest constituent ended down 1%. EGX30\u2019s top performing constituents were Ibnsina Pharma up 4.3%, and Eastern Co up 2.2%, and Qalaa Holdings up 2.1% Yesterday\u2019s worst performing stocks were Sidi Kerir Petrochemicals down 4.9%, TMG Holding down 3.7% and Global Telecom down 3.1%. The market turnover was EGP 1 bn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -69.5 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -51.4 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +120.9 mn<\/p>\n<p><strong>Retail<\/strong>: 64.9% of total trades | 68.6% of buyers | 61.2% of sellers<br \/>\n <strong>Institutions<\/strong>: 35.1% of total trades | 31.4% of buyers | 38.8% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 55.68 (-0.02%)<br \/>\n <strong>Brent:<\/strong> USD 65.47 (-6.63%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 4.08 MMBtu, (-0.61%, December 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,203.90\/ troy ounce (+0.17%)<br \n<\/p>\n<p><strong>TASI:<\/strong> 7,750.95 (-0.31%) (YTD: +7.26%)<br \/>\n <strong>ADX:<\/strong> 4,966.79 (+0.25%) (YTD: +12.92%)<br \/>\n <strong>DFM:<\/strong> 2,775.51 (-0.98%) (YTD: -17.64%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,297.04 (+0.13%)<br \/>\n <strong>QE:<\/strong> 10,314.62 (-0.96%) (YTD: +21.02%)<br \/>\n <strong>MSM:<\/strong> 4,467.28 (-0.28%) (YTD: -12.39%)<br \/>\n <strong>BB: <\/strong>1,304.96 (-0.26%) (YTD: -2.01%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621674\" 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\/2018\/11\/14\/621674\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621674\" class=\"content-area-description single-story post-621674 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>13-29 November (Tuesday-Thursday): <a href=\"https:\/\/www.cbd.int\/conferences\/2018\">UN Biodiversity Conference<\/a>, Sharm El Sheikh, Egypt.<\/p>\n<p>14 November (Wednesday): <a href=\"https:\/\/events.mergermarket.com\/egypt\">Egypt M&A and Private Equity Forum<\/a>, Nile Ritz Carlton Hotel, Cairo, Egypt.<\/p>\n<p>14-15 November (Wednesday-Thursday) <a href=\"https:\/\/www.ebrd.com\/news\/events\/digitalisation-opportunities-for-innovation-in-consultancy-.html\">Digitalisation: opportunities for innovation in consultancy<\/a>, Marriott Mena House Hotel, Cairo, Egypt<\/p>\n<p>15 November (Thursday): CBE\u2019s Monetary Policy Committee meeting.15 November (Thursday)<\/p>\n<p>15 November (Thursday): <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/11\/20181104_Invest-in-Healthcare-Agenda_v1.0_AO.pdf\">\u00a0The T20 Invest in Healthcare Conference 2018<\/a>, Nile Ritz Carlton Hotel, Cairo, Egypt.<\/p>\n<p>17-19 November (Saturday-Monday): <a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html?utm_source=colleague&utm_medium=email&utm_campaign=AET19DME-JO-MGN-MEE_2019-ENG&utm_content=signature_banner\">ElectricX-Energizing The Industry<\/a>, Egypt International Exhibition Center, Cairo, Egypt.<\/p>\n<p>20 November (Tuesday): Prophet's Birthday (TBC), national holiday.<\/p>\n<p>22 November (Thursday): US Thanksgiving.<\/p>\n<p>End of November: A delegation from the Egypt-Greece Business Council will visit Athens at the end of November to promote investment, the council\u2019s chairman, <a href=\"https:\/\/alborsaanews.com\/2018\/10\/15\/1141389\">Hani Berzi, said<\/a>.<\/p>\n<p>25-28 November (Sunday-Wednesday): 22nd Cairo ICT, Cairo Convention Center, Nasr City, Cairo.<\/p>\n<p>03-05 December (Monday-Wednesday): First Egypt Defense Expo, Egyptian International Exhibition Center, Cairo.<\/p>\n<p>04 December (Tuesday): Egypt\u2019s Emirates NBD PMI for November released.<\/p>\n<p>08-09 December (Saturday-Sunday): Business for Africa and the World: The Africa 2018 Forum, Maritim Jolie Ville International Congress Center, Sharm El Sheikh.<\/p>\n<p>09-10 December (Sunday-Monday): Cairo Regional Centre for International Commercial Arbitration\u2019s <a href=\"http:\/\/sharmvii.crcica.org\/\">Sharm El Sheikh VII conference<\/a>, Egypt Hall, SOHO Square, Sharm El Sheikh<\/p>\n<p>12 December (Wednesday): Banking and Finance Congress 2018, Cairo, venue TBD.<\/p>\n<p>13-15 December (Thursday-Saturday): <a href=\"http:\/\/www.uabonline.org\/en\/home\/downloadpdf\/conferencesforumsprogramfor2016\">Forum on \u201c The Role of Digital Financial Communication and Solutions in Enhancing Financial Inclusion,\u201d<\/a> Sharm El Sheikh, venue TBD.<\/p>\n<p>25 December (Tuesday): Western Christmas.<\/p>\n<p>27 December (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>01 January 2019 (Tuesday): New Year's Day, national holiday.<\/p>\n<p>07 January 2019 (Monday): Coptic Christmas.<\/p>\n<p>22-25 January 2019 (Tuesday-Friday): World Economic Forum (WEF) Annual Meeting, Davos-Klosters, Switzerland.<\/p>\n<p>23 January 2019 (Wednesday) 50th Cairo International Book Fair.<\/p>\n<p>25 January 2019 (Friday): Police Day, national holiday.<\/p>\n<p>20-22 April 2019 (Friday-Sunday): Spring meetings of the World Bank and International Monetary Fund, Washington, DC.<\/p>\n<p>25 April 2019 (Thursday): Sinai Liberation day, national holiday.<\/p>\n<p>28 April 2019 (Sunday): Easter Sunday, national holiday.<\/p>\n<p>29 April 2019 (Monday): Easter Monday, national holiday.<\/p>\n<p>01 May 2019 (Wednesday): Labor Day, national holiday.<\/p>\n<p>06 May 2019 (Monday): First day of Ramadan (TBC).<\/p>\n<p>05-06 June 2019 (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n<p>10-13 October 2019 (Tuesday-Sunday) Big Industrial Week Arabia 2019, Egypt International Exhibition Center.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":621639,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-621638","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"5a3ff216-b112-411b-ba26-96478b4c5745","teaser":"","photo_url":"https:\/\/ent.news\/2016\/10\/341.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>Egypt gets tub-tubs from IMF in latest regional outlook report - 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\" 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