{"id":621730,"date":"2018-11-18T04:16:57","date_gmt":"2018-11-18T04:16:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=621730"},"modified":"2025-12-17T06:32:33","modified_gmt":"2025-12-17T06:32:33","slug":"central-bank-leaves-interest-rates-on-hold-2","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/central-bank-leaves-interest-rates-on-hold-2\/","title":{"rendered":"Central bank leaves interest rates on hold"},"content":{"rendered":"<section id=\"621732\" 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=\"621732\">\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\/18\/what-were-tracking-on-18-november-2018\/\">\r\n                            What we\u2019re tracking on 18 November 2018                        <\/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\/18\/what-were-tracking-on-18-november-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Among the nuggets worth keeping your eye on in the coming days:<\/p><p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Want a 70% discount on the interest and penalties you owe the taxman? <\/strong>A window granting a discount of up to 90% on penalties and accumulated interest in tax disputes ended last week. More than 50k files worth an aggregate EGP 12.5 bn were closed, the <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1343692\">Tax Authority says<\/a>. Missed the deadline? <strong>You have until 27 December<\/strong> to settle at a 70% discount under the same program. The break on interest and penalties drops to 50% on 28 December 2018 and runs until 9 February 2019. <strong>Companies and individuals alike can settle<\/strong> under the program.<\/p><p><strong>Want a road or a bridge? <\/strong>Prime Minister Moustafa Madbouly and other cabinet officials will meet tomorrow with a delegation from the China-backed Asian Infrastructure Investment Bank to discuss financing for infrastructure projects here. The delegation will be in town until Friday, 23 November.<\/p><p><strong>A delegation of French healthcare companies will be in town<\/strong> tomorrow for <a href=\"https:\/\/alborsaanews.com\/2018\/11\/13\/1151308\">the French-Egyptian Healthcare Forum<\/a>.<\/p><p><strong>The Egyptian Competition Authority will inaugurate tomorrow a regional center for competition policy<\/strong> headquartered in Smart Village, <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/11\/%D8%AC%D9%87%D8%A7%D8%B2-%D8%AD%D9%85%D8%A7%D9%8A%D8%A9-%D8%A7%D9%84%D9%85%D9%86%D8%A7%D9%81%D8%B3%D8%A9-%D9%8A%D9%81%D8%AA%D8%AA%D8%AD-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2-%D8%A7%D9%84%D8%A7%D9%82%D9%84%D9%8A%D9%85%D9%8A-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D8%A7%D9%84%D8%A7%D8%AB%D9%86%D9%8A%D9%86-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84.pdf\">according to a press release<\/a>. The new center will act as a Middle East and North Africa hub for consumer protection law, regulations and policies. The Consumer Protection Agency <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/01\/new-un-backed-cairo-training-center-to-support-mena-consumer-protection\/\">recently inaugurated<\/a> a similar training facility as part of the same UNCTAD-backed program.<\/p><p><strong>The central bank will auction USD 1.675 bn-worth of one-year USD-denominated treasury bills tomorrow<\/strong>, according to a statement <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1XQ7FE\">cited by Reuters<\/a>. The offering will be settled on Tuesday.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Egyptian launches world\u2019s first crypto ETP in Switzerland: <\/strong>We introduced you almost two years ago to Hany Rashwan (<a href=\"https:\/\/www.linkedin.com\/in\/ihany\">Linkedin<\/a>), the Egyptian tech entrepreneur who had made <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/08\/hany-rashwan-makes-us-proud\/\">Forbes\u2019 30 Under 30 Enterprise Tech List for 2017<\/a>. The Cairo native won recognition for his second startup, whose payouts, disbursements and compliance API was used by top online lenders. Rashwan is now back in the headlines with <a href=\"https:\/\/amun.com\">Amun<\/a>, a London-based startup that just <strong>won permission to launch the world\u2019s first exchange-traded product tracking multiple cryptocurrencies<\/strong>, according to the <a href=\"https:\/\/www.ft.com\/content\/217f71a5-34fe-39ff-9e2d-fd708074602a?desktop=true\">Financial Times<\/a>. The Amun Crypto ETP will have half of its assets invested in bitcoin. Amun says it aims to make buying crypto assets \u201cas easy as buying a stock.\u201d<\/p><p><strong>How accurate are sell-side analysts? <\/strong>\u201cSell-side analysts have been caught a little flat-footed as companies have reported far better results than expected\u201d as 3Q earnings season ended, the Financial Times\u2019 <a href=\"https:\/\/ftalphaville.ft.com\/2018\/11\/13\/1542091438000\/How-accurate-are-sell-side-analysts-\/\">Alphaville blog<\/a> writes. \u201cThese results beg the question of just how much weight we should give analysts' earnings forecasts. It turns out, not much, especially in the long run.\u201d The exceptions: \u201c<strong>Analysts add value when it comes to small caps<\/strong>\u201d and other shares that are outside the spotlight, and they can also \u201cmake a difference when they reassess their outlooks.\u201d<\/p><p><strong>The CIA has concluded that Crown Prince Mohammed Bin Salman ordered the killing of Saudi journalist Jamal Khashoggi<\/strong>, <a href=\"https:\/\/www.washingtonpost.com\/world\/national-security\/cia-concludes-saudi-crown-prince-ordered-jamal-khashoggis-assassination\/2018\/11\/16\/98c89fe6-e9b2-11e8-a939-9469f1166f9d_story.html?utm_term=.03caa776f339\">according to the Washington Post<\/a>, citing unnamed sources. US President Donald Trump called the alleged report <a href=\"https:\/\/www.reuters.com\/article\/us-saudi-khashoggi-trump\/trump-administration-says-no-final-conclusion-on-khashoggi-murder-idUSKCN1NM0FI\">\u201cvery premature,<\/a>\u201d but admitted it was possible, noting that he was waiting for a complete report by tomorrow (Monday, 19 November). Further complicating relations between the two countries, Saudi Arabia is reportedly <strong>slashing oil shipments to the US<\/strong>, a tactic that \u201cboosts prices and may rile Trump,\u201d <a href=\"https:\/\/www.cnbc.com\/2018\/11\/16\/saudi-arabia-cuts-oil-shipments-to-us-in-likely-bid-to-boost-prices.html\">CNBC reports<\/a>.<\/p><p><strong>Game of Thrones will be back in April for its eighth and final six-episode season<\/strong>, <a href=\"https:\/\/www.nytimes.com\/2018\/11\/13\/arts\/television\/game-of-thrones-season-8-april-premiere.html?smprod=nytcore-ipad&amp;smid=nytcore-ipad-share\">HBO has announced<\/a>. A promo for the season is out <a href=\"https:\/\/m.youtube.com\/watch?v=0MGnIUn30FU&amp;feature=youtu.be\">here (watch, 1:15)<\/a>. Or you can say a silent prayer that George R.R. Martin finishes writing the sixth and final installment of the series of novels that inspired the HBO show. He tells the WSJ that he\u2019s <a href=\"https:\/\/www.wsj.com\/articles\/a-game-of-thrones-author-george-r-r-martin-assures-fans-writing-is-coming-1542390476?mod=hp_lista_pos2\">hard at work on The Winds of Winter<\/a>. He has a prequel, Fire &amp; Blood, due out on Tuesday, 20 November. It takes place 300 years before the events seen in Game of Thrones and is written in the style of a history book.<\/p><p><strong>PSA #1- Tuesday is a national holiday in observance of the Prophet\u2019s Birthday.<\/strong> The stock exchange and banks will be closed.<\/p><p><strong>PSA #2- Thursday is Thanksgiving in the United States. <\/strong>The holiday has a measure of global appeal, so look more than a handful of your friends and colleagues to celebrate with a turkey. Many schools following a US curriculum will be off.<\/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\/cia\/\">CIA<\/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\/jamal-khashoggi\/\">Jamal Khashoggi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/politics\/\">politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                        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33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621734\" 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=\"621734\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/last-nights-talk-shows-on-18-november-2018\/\">\r\n                            Last night\u2019s talk shows on 18 November 2018                        <\/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\/18\/last-nights-talk-shows-on-18-november-2018\/\" 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\/18\/last-nights-talk-shows-on-18-november-2018\/')\">\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\/18\/last-nights-talk-shows-on-18-november-2018\/\">\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=Last night\u2019s talk shows on 18 November 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/last-nights-talk-shows-on-18-november-2018\/\">\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\/18\/last-nights-talk-shows-on-18-november-2018\/&title=Last night\u2019s talk shows on 18 November 2018\">\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+on+18+November+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Flast-nights-talk-shows-on-18-november-2018%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\/18\/last-nights-talk-shows-on-18-november-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621734\" class=\"content-area-description single-story post-621734 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-talk-shows wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Our talkshows report is on hiatus today. <\/strong>We hope to have it back tomorrow.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/talk-shows\/\">talk shows<\/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=\"621735\" 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=\"621735\">\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\/18\/central-bank-of-egypt-leaves-interest-rates-unchanged-2\/\">\r\n                            Central Bank of Egypt leaves interest rates unchanged                        <\/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 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/central-bank-of-egypt-leaves-interest-rates-unchanged-2\/&title=Central Bank of Egypt leaves interest rates unchanged\">\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=Central+Bank+of+Egypt+leaves+interest+rates+unchanged+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Fcentral-bank-of-egypt-leaves-interest-rates-unchanged-2%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/central-bank-of-egypt-leaves-interest-rates-unchanged-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621735\" class=\"content-area-description single-story post-621735 post type-post status-publish format-standard hentry category-speed-round tag-central-bank-of-egypt tag-enterpriseam tag-gdp tag-monetary-policy 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>The central bank of Egypt (CBE) kept key interest rates on hold on Thursday,<\/strong> citing higher-than-expected headline inflation rates in <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/11\/monthly-annual-headline-inflation-accelerate-in-september\/\">September<\/a> and <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/11\/monthly-annual-headline-inflation-accelerate-again-in-october\/\">October<\/a>. The bank\u2019s monetary policy committee left the overnight deposit and lending rates at 16.75% and 17.75%, respectively, and also left on hold its main operation and discount rates at 17.25%, the <a href=\"https:\/\/ent.news\/2018\/11\/227.pdf\">CBE said in a statement (pdf)<\/a>. Economists in our inaugural <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/12\/egypts-central-bank-to-hold-key-rates-on-thursday\/\">Enterprise poll<\/a> had suggested that the MPC would leave rates on hold to preserve Egypt\u2019s competitiveness in the battle for hot money fleeing emerging markets amid turmoil, a strong USD and rising US interest rates.<\/p>\n<p><strong>\u201cSlight deviation\u201d from inflation target<\/strong>: Annual headline inflation rose to 17.5% in October, up from 16% the previous month. \u201cAs headline inflation for October 2018 has been affected by a higher-than-forecasted increase in the prices of fresh vegetables, there is an upside risk of a slight deviation from the inflation target announced in May 2017, which records 13 percent (\u00b13 percent) on average during 2018 Q4,\u201d the CBE said.<\/p>\n<p><strong>The CBE said annual real GDP growth was unchanged at 5.4% in 2Q2018, <\/strong>stalling after six consecutive quarters on an uptrend. \u201cThe positive contribution of private domestic demand and net exports declined, while that of public domestic demand increased,\u201d the bank said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/central-bank-of-egypt\/\">Central Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gdp\/\">GDP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/monetary-policy\/\">monetary policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"621749\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621750\" 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=\"621750\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/chinas-belt-and-road-initiative-raising-eyebrows-but-going-still\/\">\r\n                            China\u2019s Belt and Road initiative raising eyebrows, but going still                        <\/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\/18\/chinas-belt-and-road-initiative-raising-eyebrows-but-going-still\/\" 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\/18\/chinas-belt-and-road-initiative-raising-eyebrows-but-going-still\/')\">\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\/18\/chinas-belt-and-road-initiative-raising-eyebrows-but-going-still\/\">\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=China\u2019s Belt and Road initiative raising eyebrows, but going still&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/chinas-belt-and-road-initiative-raising-eyebrows-but-going-still\/\">\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\/18\/chinas-belt-and-road-initiative-raising-eyebrows-but-going-still\/&title=China\u2019s Belt and Road initiative raising eyebrows, but going still\">\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=China%E2%80%99s+Belt+and+Road+initiative+raising+eyebrows%2C+but+going+still+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Fchinas-belt-and-road-initiative-raising-eyebrows-but-going-still%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\/18\/chinas-belt-and-road-initiative-raising-eyebrows-but-going-still\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621750\" class=\"content-area-description single-story post-621750 post type-post status-publish format-standard hentry category-the-macro-picture tag-belt-and-road-initiative tag-china tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Five years after its launch, China\u2019s Belt and Road Initiative is still \u201cpopular\u201d in target countries<\/strong> despite issues that have infected an estimated 14% of the projects in the 88 mostly developing countries that are being invested in, <a href=\"https:\/\/www.ft.com\/content\/814b39ea-e8cd-11e8-a34c-663b3f553b35\">Raffaello Pantucci writes in a guest post for the Financial Times<\/a>. Pantucci points out that the most significant issues were seen in Pakistan, Malaysia and Myanmar, all due to local government pushing to renegotiate project terms. The article doesn\u2019t mention Egypt, but it reminds us that last month the <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/10\/sca-rejects-qingdao-port-offer-to-build-container-terminal-in-sokhna\/\">Suez Canal Authority<\/a> rejected an offer from a state-owned Chinese company for a reason that remains unclear.<\/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\/belt-and-road-initiative\/\">Belt and Road Initiative<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621751\" 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=\"621751\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egyptian-artist-chant-avedissian-passes-away-at-age-67\/\">\r\n                            Egyptian artist Chant Avedissian passes away at age 67                        <\/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\/18\/egyptian-artist-chant-avedissian-passes-away-at-age-67\/\" 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\/18\/egyptian-artist-chant-avedissian-passes-away-at-age-67\/')\">\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\/18\/egyptian-artist-chant-avedissian-passes-away-at-age-67\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian artist Chant Avedissian passes away at age 67&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egyptian-artist-chant-avedissian-passes-away-at-age-67\/\">\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\/18\/egyptian-artist-chant-avedissian-passes-away-at-age-67\/&title=Egyptian artist Chant Avedissian passes away at age 67\">\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+artist+Chant+Avedissian+passes+away+at+age+67+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Fegyptian-artist-chant-avedissian-passes-away-at-age-67%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\/18\/egyptian-artist-chant-avedissian-passes-away-at-age-67\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/2168.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"621752\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egyptian-artist-chant-avedissian-passes-away-at-age-67\/2168-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/2168.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2168.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/2168.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/2168.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621751\" class=\"content-area-description single-story post-621751 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-art tag-culture tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Overlapping Ottoman, Bedouin, and Islamic motifs with cultural, political figures from Egypt\u2019s Golden Age:<\/strong> From Om Kolthoum to Farid Al Atrash to Gamal Abdel Nasser, Egyptian-Armenian artist Chant Avedissian produced many iconic pieces that brought together pop culture with Egyptian folk culture. The artist, <a href=\"https:\/\/www.abouther.com\/node\/14666\/entertainment\/art-books\/remembering-exemplary-egyptian-artist-chant-avedissian\">who passed away<\/a> late last month at the age of 67 after a years-long struggle with cancer, was educated in Montreal and Paris before working for the Aga Khan Foundation with exemplary Egyptian architect Hassan Fathy, who is said to have inspired Avedissian\u2019s lasting interest in traditional art and local materials.<\/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\/art\/\">art<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/culture\/\">culture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621753\" 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=\"621753\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egypt-beats-tunisia-3-2-salah-scores-last-minute-winner\/\">\r\n                            Egypt beats Tunisia 3-2, Salah scores last-minute winner                        <\/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\/18\/egypt-beats-tunisia-3-2-salah-scores-last-minute-winner\/\" 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\/18\/egypt-beats-tunisia-3-2-salah-scores-last-minute-winner\/')\">\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\/18\/egypt-beats-tunisia-3-2-salah-scores-last-minute-winner\/\">\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 beats Tunisia 3-2, Salah scores last-minute winner&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egypt-beats-tunisia-3-2-salah-scores-last-minute-winner\/\">\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\/18\/egypt-beats-tunisia-3-2-salah-scores-last-minute-winner\/&title=Egypt beats Tunisia 3-2, Salah scores last-minute winner\">\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+beats+Tunisia+3-2%2C+Salah+scores+last-minute+winner+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Fegypt-beats-tunisia-3-2-salah-scores-last-minute-winner%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\/18\/egypt-beats-tunisia-3-2-salah-scores-last-minute-winner\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621753\" class=\"content-area-description single-story post-621753 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-mohamed-salah tag-sports tag-tunisia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Topping coverage of Egypt in the foreign press is Mo Salah leading the national football team to victory in our AfCON qualifier against Tunisia<\/strong> on Friday. Salah brought the final sore to 3-2 with a finesse shot in the 89th minute (<a href=\"https:\/\/www.youtube.com\/watch?v=bbmp7uWehrQ\">watch, runtime: 1:37<\/a>). The win brought Egypt on par with Tunisia in group points at 12 each, with the latter maintaining the lead with a better head-to-head record. Over the past week, Morocco, Nigeria, Mali and Uganda also booked their places at next year\u2019s final round of qualifiers, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1XS0J7\">according to Reuters<\/a>. Egypt is due to face Niger on 22 March next year.<\/p>\n<p><strong>In other football news, Salah is on the list of nominees for the 2018 BBC African Footballer of the Year award<\/strong>, <a href=\"http:\/\/www.bbc.com\/arabic\/sports-46109686\">according to BBC<\/a>. The award\u2019s winner will be announced on 14 December. Salah was <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/12\/salah-crowned-bbc-african-footballer-of-the-year\/\">crowned BBC African Footballer<\/a> in 2017.<\/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\/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\/mohamed-salah\/\">Mohamed Salah<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tunisia\/\">Tunisia<\/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=\"621755\" 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=\"621755\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/civil-society-members-should-actively-engage-in-national-dialogue-over-ngo-act\/\">\r\n                            Civil society members should actively engage in national dialogue over NGO Act                        <\/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\/18\/civil-society-members-should-actively-engage-in-national-dialogue-over-ngo-act\/\" 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\/18\/civil-society-members-should-actively-engage-in-national-dialogue-over-ngo-act\/')\">\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\/18\/civil-society-members-should-actively-engage-in-national-dialogue-over-ngo-act\/\">\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=Civil society members should actively engage in national dialogue over NGO Act&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/civil-society-members-should-actively-engage-in-national-dialogue-over-ngo-act\/\">\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\/18\/civil-society-members-should-actively-engage-in-national-dialogue-over-ngo-act\/&title=Civil society members should actively engage in national dialogue over NGO Act\">\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=Civil+society+members+should+actively+engage+in+national+dialogue+over+NGO+Act+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Fcivil-society-members-should-actively-engage-in-national-dialogue-over-ngo-act%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\/18\/civil-society-members-should-actively-engage-in-national-dialogue-over-ngo-act\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621755\" class=\"content-area-description single-story post-621755 post type-post status-publish format-standard hentry category-on-deadline tag-civil-society tag-el-sisi tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>To effectively reform the contentious NGOs Act, the prevailing conception of NGOs as a thorn in authorities\u2019 side must be done away with<\/strong>, Ziad Bahaa El Din <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=12112018&id=d294c666-2902-4c7e-a186-6697aacf54e7\">writes for Al Shorouk<\/a>. Bahaa El Din notes that this change in perception is the first stepping stone in creating a new version of the law that will no longer act as a chokehold for civil society. He also stresses the importance of allowing civil society to actually engage in the national dialogue on the proposed amendments, which he says may seem like a given but was not a priority when the law was originally drafted.<\/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\/civil-society\/\">civil society<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/el-sisi\/\">El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/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=\"621756\" 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=\"621756\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/us-sees-great-potential-in-eastern-med-project\/\">\r\n                            US sees great potential in Eastern Med project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/us-sees-great-potential-in-eastern-med-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/us-sees-great-potential-in-eastern-med-project\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/us-sees-great-potential-in-eastern-med-project\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=US sees great potential in Eastern Med project&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/us-sees-great-potential-in-eastern-med-project\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/us-sees-great-potential-in-eastern-med-project\/&title=US sees great potential in Eastern Med project\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=US+sees+great+potential+in+Eastern+Med+project+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Fus-sees-great-potential-in-eastern-med-project%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/us-sees-great-potential-in-eastern-med-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621756\" class=\"content-area-description single-story post-621756 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-cyprus tag-diplomacy-foreign-trade tag-eastern-mediterranean tag-enterpriseam tag-israel tag-oil-and-gas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The US sees significant potential in the Eastern Mediterranean energy project <\/strong>and \u201cwill continue advancing energy development in the region as a priority,\u201d Assistant Secretary of State Francis Fannon said, <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/11\/16\/business\/ap-eu-cyprus-us-drilling.html\">according to the AP<\/a>. Fannon, who is in charge of energy-related affairs, made his remarks on the sidelines of Nicosia meetings between Cyprus, Israel and Egypt to discuss their Eastern Med energy cooperation. Egypt has been working to establish itself as the region\u2019s premier energy hub. To that end, the government <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/20\/egypt-cyprus-sign-agreement-on-usd-1-bn-gas-pipeline\/\">signed an agreement<\/a> with Cyprus in September to jointly build a USD 1 bn pipeline connecting Cyprus\u2019 Aphrodite natural gas field to liquefaction plants in Egypt, which will use it to meet local demand and export the rest to Europe. Egypt has also agreed to <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/06\/egypts-dolphinus-to-begin-natural-gas-imports-from-israel-as-of-1q2019\/\">import natural gas<\/a> from Israel under a USD 15 bn pact.<\/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\/cyprus\/\">Cyprus<\/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\/eastern-mediterranean\/\">Eastern Mediterranean<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621757\" 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=\"621757\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/electricity-ministry-has-concerns-on-implementation-cost-of-cyprus-power-linkage-project\/\">\r\n                            Electricity Ministry has concerns on implementation cost of Cyprus power linkage project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/electricity-ministry-has-concerns-on-implementation-cost-of-cyprus-power-linkage-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/electricity-ministry-has-concerns-on-implementation-cost-of-cyprus-power-linkage-project\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/electricity-ministry-has-concerns-on-implementation-cost-of-cyprus-power-linkage-project\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Electricity Ministry has concerns on implementation cost of Cyprus power linkage project&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/electricity-ministry-has-concerns-on-implementation-cost-of-cyprus-power-linkage-project\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/electricity-ministry-has-concerns-on-implementation-cost-of-cyprus-power-linkage-project\/&title=Electricity Ministry has concerns on implementation cost of Cyprus power linkage project\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Electricity+Ministry+has+concerns+on+implementation+cost+of+Cyprus+power+linkage+project+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Felectricity-ministry-has-concerns-on-implementation-cost-of-cyprus-power-linkage-project%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/electricity-ministry-has-concerns-on-implementation-cost-of-cyprus-power-linkage-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621757\" class=\"content-area-description single-story post-621757 post type-post status-publish format-standard hentry category-energy tag-africa tag-cyprus tag-electricity tag-electricity-ministry tag-energy tag-enterpriseam tag-europe tag-greece 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\/.d40e573f-de92-4bf8-87da-47f0119cc8b9.mp3\"><\/audio><\/figure>\n<p>The Electricity Ministry reportedly has concerns over the implementation cost and landing point of the 2,000 MW subsea power cable to connect the electricity grids of Egypt, Cyprus, and Greece, <a href=\"https:\/\/alborsaanews.com\/2018\/11\/15\/1151880\">unnamed government sources said<\/a>. The ministry sent comments to EuroAfrica Interconnector on its prepared feasibility studies for the USD 4 bn project, citing security and environmental regulations concerns. Last we heard, Egypt and Cyprus had reportedly reached an <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/12\/egypt-cyprus-contract-european-company-to-implement-power-linkage-project\/\">agreement in principle<\/a> with an unnamed European company to link the two countries\u2019 power grids for an estimated USD 1.5 bn. The interconnection project with Cyprus and Greece is part of a larger plan to link to power grids in Africa and Europe.<\/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\/africa\/\">Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/cyprus\/\">Cyprus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/electricity\/\">electricity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/electricity-ministry\/\">Electricity Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/europe\/\">Europe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/greece\/\">Greece<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621759\" 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=\"621759\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/asorc-in-talks-with-local-gulf-banks-for-usd-500-mn-loan-in-financing-for-refinery\/\">\r\n                            ASORC in talks with local, Gulf banks for USD 500 mn loan in financing for refinery                        <\/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\/18\/asorc-in-talks-with-local-gulf-banks-for-usd-500-mn-loan-in-financing-for-refinery\/\" 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\/18\/asorc-in-talks-with-local-gulf-banks-for-usd-500-mn-loan-in-financing-for-refinery\/')\">\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\/18\/asorc-in-talks-with-local-gulf-banks-for-usd-500-mn-loan-in-financing-for-refinery\/\">\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=ASORC in talks with local, Gulf banks for USD 500 mn loan in financing for refinery&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/asorc-in-talks-with-local-gulf-banks-for-usd-500-mn-loan-in-financing-for-refinery\/\">\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\/18\/asorc-in-talks-with-local-gulf-banks-for-usd-500-mn-loan-in-financing-for-refinery\/&title=ASORC in talks with local, Gulf banks for USD 500 mn loan in financing for refinery\">\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=ASORC+in+talks+with+local%2C+Gulf+banks+for+USD+500+mn+loan+in+financing+for+refinery+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Fasorc-in-talks-with-local-gulf-banks-for-usd-500-mn-loan-in-financing-for-refinery%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\/18\/asorc-in-talks-with-local-gulf-banks-for-usd-500-mn-loan-in-financing-for-refinery\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621759\" class=\"content-area-description single-story post-621759 post type-post status-publish format-standard hentry category-infrastructure tag-assiut-oil-refining-company tag-debt tag-energy tag-enterpriseam tag-finance tag-infrastructure tag-petrochemicals 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\/.720afe57-4004-4bb0-91ff-dee37914f419.mp3\"><\/audio><\/figure>\n<p>The Assiut Oil Refining Company (ASORC) is in talks with local and Gulf banks for a USD 500 mn loan as part of the financing package for its USD 1.9 bn hydrocracking facility, unnamed banking sources said, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=17112018&id=d4ae6dba-7449-4b0b-87ee-fcaabd52644f\">according to Al Shorouk<\/a>. ANOPC <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/17\/anopc-seeks-egp-1-2-bn-in-financing-for-refinery\/\">had previously approached<\/a> the National Bank of Egypt, Banque Misr, CIB, Arab African Bank, QNB Egypt, HSBC, Credit Agricole, and Egyptian Gulf Bank for a EGP 1.2 bn loan (c. USD 67 mn).<\/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\/assiut-oil-refining-company\/\">Assiut Oil Refining Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/petrochemicals\/\">petrochemicals<\/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=\"621760\" 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=\"621760\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/oud-el-mostakbal-to-co-develop-200-feddans-in-mostakbal-city\/\">\r\n                            OUD, El Mostakbal to co-develop 200 feddans in Mostakbal 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\/18\/oud-el-mostakbal-to-co-develop-200-feddans-in-mostakbal-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\/18\/oud-el-mostakbal-to-co-develop-200-feddans-in-mostakbal-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\/18\/oud-el-mostakbal-to-co-develop-200-feddans-in-mostakbal-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=OUD, El Mostakbal to co-develop 200 feddans in Mostakbal City&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/oud-el-mostakbal-to-co-develop-200-feddans-in-mostakbal-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\/18\/oud-el-mostakbal-to-co-develop-200-feddans-in-mostakbal-city\/&title=OUD, El Mostakbal to co-develop 200 feddans in Mostakbal 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=OUD%2C+El+Mostakbal+to+co-develop+200+feddans+in+Mostakbal+City+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Foud-el-mostakbal-to-co-develop-200-feddans-in-mostakbal-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\/18\/oud-el-mostakbal-to-co-develop-200-feddans-in-mostakbal-city\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621760\" class=\"content-area-description single-story post-621760 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate tag-real-estate-housing 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\/.ffec05e8-b25a-4783-a5a5-4a751c30a3e5.mp3\"><\/audio><\/figure>\n<p>Orientals for Urban Development (OUD) is set to sign an agreement with El Mostakbal for Urban Development to co-develop 200 feddans in Mostakbal City, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=17112018&id=4b5a8126-1333-484b-bcac-eb420cc05d1d\">according to Al Shorouk<\/a>. No details were provided on when the two companies expect to sign the contracts.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621761\" 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=\"621761\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egoth-to-sell-51-stake-in-grand-continental-hotel\/\">\r\n                            EGOTH to sell 51% stake in Grand Continental Hotel                        <\/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\/18\/egoth-to-sell-51-stake-in-grand-continental-hotel\/\" 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\/18\/egoth-to-sell-51-stake-in-grand-continental-hotel\/')\">\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\/18\/egoth-to-sell-51-stake-in-grand-continental-hotel\/\">\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=EGOTH to sell 51% stake in Grand Continental Hotel&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egoth-to-sell-51-stake-in-grand-continental-hotel\/\">\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\/18\/egoth-to-sell-51-stake-in-grand-continental-hotel\/&title=EGOTH to sell 51% stake in Grand Continental Hotel\">\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=EGOTH+to+sell+51%25+stake+in+Grand+Continental+Hotel+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Fegoth-to-sell-51-stake-in-grand-continental-hotel%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\/18\/egoth-to-sell-51-stake-in-grand-continental-hotel\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/15.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"621762\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egoth-to-sell-51-stake-in-grand-continental-hotel\/15-jpg-34\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/15.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"15.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/15.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/5\/15.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621761\" class=\"content-area-description single-story post-621761 post type-post status-publish format-standard has-post-thumbnail hentry category-tourism tag-egyptian-general-company-for-tourism-and-hotels tag-enterpriseam tag-hospitality tag-investment-watch tag-ma-watch 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\/.a2e1028e-4d76-440c-bcd5-0f4ca67f88fd.mp3\"><\/audio><\/figure>\n<p>The state-owned Egyptian General Company for Tourism and Hotels (EGOTH) plans to sell a 51% stake in the Grand Continental hotel project, EGOTH Chairperson Mervat Hataba <a href=\"https:\/\/www.almalnews.com\/Story\/398670\/15\/%D8%A8%D8%B9%D8%AF-%D8%B4%D8%A8%D8%B1%D8%AF---%D8%AF%D8%B9%D9%88%D8%A9-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%8A%D9%86-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AD%D9%88%D8%A7%D8%B0-%D8%B9%D9%84%D9%89-%D8%A3%D8%BA%D9%84%D8%A8%D9%8A%D8%A9-%D9%81%D9%8A-%D9%81%D9%86%D8%AF%D9%82--%D9%83%D9%88%D9%86%D8%AA%D9%8A%D9%86%D9%86%D8%AA%D8%A7%D9%84--%D8%A7%D9%84%D8%AA%D8%A7%D8%B1%D9%8A%D8%AE%D9%8A\">tells Al Mal<\/a>. EGOTH plans to form a JV with the private sector to manage the site of the hotel \u2014 one of downtown Cairo\u2019s historic grand hotels, whose demolition was ordered in February. A tender to the private sector in a manner <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/05\/3-companies-qualify-in-tender-to-redevelop-downtown-cairos-shepheard-hotel\/\">similar to the Shepheard Hotel<\/a> will be held, she added. The government plans to build a new hotel at the site of the original, while maintaining similar periodic architectural design. The demolition order <a href=\"https:\/\/egyptianstreets.com\/2018\/01\/29\/the-grand-continental-egypts-historic-hotel-turns-into-dust\/\">was met with opposition<\/a>, due to it being considered a landmark in downtown Cairo.<\/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\/egyptian-general-company-for-tourism-and-hotels\/\">Egyptian General Company for Tourism and Hotels<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hospitality\/\">hospitality<\/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\/ma-watch\/\">M&amp;A Watch<\/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=\"621763\" 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=\"621763\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/national-bank-of-egypt-to-roll-out-500k-meeza-debit-cards-in-december\/\">\r\n                            National Bank of Egypt to roll out 500k \u201cMeeza\u201d debit cards in 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\/18\/national-bank-of-egypt-to-roll-out-500k-meeza-debit-cards-in-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\/18\/national-bank-of-egypt-to-roll-out-500k-meeza-debit-cards-in-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\/18\/national-bank-of-egypt-to-roll-out-500k-meeza-debit-cards-in-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=National Bank of Egypt to roll out 500k \u201cMeeza\u201d debit cards in December&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/national-bank-of-egypt-to-roll-out-500k-meeza-debit-cards-in-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\/18\/national-bank-of-egypt-to-roll-out-500k-meeza-debit-cards-in-december\/&title=National Bank of Egypt to roll out 500k \u201cMeeza\u201d debit cards in 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=National+Bank+of+Egypt+to+roll+out+500k+%E2%80%9CMeeza%E2%80%9D+debit+cards+in+December+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Fnational-bank-of-egypt-to-roll-out-500k-meeza-debit-cards-in-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\/18\/national-bank-of-egypt-to-roll-out-500k-meeza-debit-cards-in-december\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621763\" class=\"content-area-description single-story post-621763 post type-post status-publish format-standard hentry category-banking-finance tag-banking tag-banking-finance tag-enterpriseam tag-finance tag-meeza tag-national-bank-of-egypt 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\/.30b9de19-da4c-4d02-939a-93942675efe6.mp3\"><\/audio><\/figure>\n<p>The National Bank of Egypt (NBE) is planning to roll out 500k national <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/27\/national-debit-card-meeza-will-be-rolled-out-by-december\/\">\u201cMeeza\u201d debit cards<\/a> next month, through which it will target both banked and unbanked customers, NBE\u2019s head of retail Alaa Farouk <a href=\"https:\/\/almalnews.com\/Story\/398723\/12\/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%89-%D9%8A%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%A8%D9%8A%D8%B9-500-%D8%A3%D9%84%D9%81-%D8%A8%D8%B7%D8%A7%D9%82%D8%A9-%D8%AF%D9%81%D8%B9-%D9%88%D8%B7%D9%86%D9%8A%D8%A9-%C2%AB%D9%85%D9%8A%D8%B2%D8%A9%C2%BB\">tells Al Mal<\/a>. The card \u2014 which pensioners, civil servants, and subsidy recipients will be the among the first to access \u2014 is part of the government\u2019s bid for financial inclusion and transition towards a cashless economy.<\/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\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/meeza\/\">Meeza<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-bank-of-egypt\/\">National Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621767\" 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=\"621767\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/qalaa-promotes-its-egyptian-refining-company-at-african-forum\/\">\r\n                            Qalaa promotes its Egyptian Refining Company at African forum                        <\/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\/18\/qalaa-promotes-its-egyptian-refining-company-at-african-forum\/\" 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\/18\/qalaa-promotes-its-egyptian-refining-company-at-african-forum\/')\">\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\/18\/qalaa-promotes-its-egyptian-refining-company-at-african-forum\/\">\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=Qalaa promotes its Egyptian Refining Company at African forum&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/qalaa-promotes-its-egyptian-refining-company-at-african-forum\/\">\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\/18\/qalaa-promotes-its-egyptian-refining-company-at-african-forum\/&title=Qalaa promotes its Egyptian Refining Company at African forum\">\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=Qalaa+promotes+its+Egyptian+Refining+Company+at+African+forum+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Fqalaa-promotes-its-egyptian-refining-company-at-african-forum%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\/18\/qalaa-promotes-its-egyptian-refining-company-at-african-forum\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621767\" class=\"content-area-description single-story post-621767 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-ahmed-heikal tag-egyptian-refining-company tag-energy tag-enterpriseam tag-investment-watch tag-other-business-news-of-note tag-qalaa-holdings 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\/.58e2f826-dd25-4681-9ac7-7e1a63e169cc.mp3\"><\/audio><\/figure>\n<p>Qalaa Holdings showcased its USD 4.3 bn petroleum refinery Egyptian Refining Company (ERC) as a case study for increasing the attractiveness of private investment through policy reform at the African Investment Forum in Johannesburg earlier this month, <a href=\"https:\/\/ent.news\/2018\/11\/1895.pdf\">according to a press release (pdf)<\/a>. \u201cThis ability to access financing from development finance institutions (DFIs), export credit agencies (ECAs) from Europe, Asia and North America as well as sovereign wealth funds from the Gulf is what made ERC possible,\u201d Founder and Chairman Ahmed Heikal said. Initiated 12 years ago, ERC is currently in its final stages and is due to produce up to 4.7 mn tonnes of refined oil when it is fully operational in May 2019.<\/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\/ahmed-heikal\/\">Ahmed Heikal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egyptian-refining-company\/\">Egyptian Refining Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/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\/qalaa-holdings\/\">Qalaa Holdings<\/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=\"621768\" 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=\"621768\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/41-countries-to-participate-in-edex-2018\/\">\r\n                            41 countries to participate in EDEX 2018                        <\/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\/18\/41-countries-to-participate-in-edex-2018\/\" 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\/18\/41-countries-to-participate-in-edex-2018\/')\">\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\/18\/41-countries-to-participate-in-edex-2018\/\">\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=41 countries to participate in EDEX 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/41-countries-to-participate-in-edex-2018\/\">\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\/18\/41-countries-to-participate-in-edex-2018\/&title=41 countries to participate in EDEX 2018\">\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=41+countries+to+participate+in+EDEX+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2F41-countries-to-participate-in-edex-2018%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\/18\/41-countries-to-participate-in-edex-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621768\" class=\"content-area-description single-story post-621768 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security tag-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.49898f6a-3a1a-4d24-a2f7-689a33b65a9d.mp3\"><\/audio><\/figure>\n<p>41 countries are expected to participate in Egypt\u2019s first Defense Expo, \"<a href=\"https:\/\/www.egyptdefenceexpo.com\/news\">EDEX 2018<\/a>,\" which is scheduled to kick off on 3 December in Cairo, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/316449\/Egypt\/Politics-\/-countries-to-take-part-in-Egypts-first-Defence-Ex.aspx\">according to Ahram Online<\/a>. Over 316 local and international companies are set to showcase military and security equipment at the expo.<\/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\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/security\/\">security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621769\" 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=\"621769\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egypts-hedaya-malak-wins-gold-at-french-open-2018\/\">\r\n                            Egypt\u2019s Hedaya Malak wins gold at French Open 2018                        <\/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 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                                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621769\" class=\"content-area-description single-story post-621769 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.4e351308-cacb-4ee9-9646-129aac916b24.mp3\"><\/audio><\/figure>\n<p>Egyptian taekwondo champion Hedaya Malak was awarded the gold medal in the 67 kg women\u2019s competition during the French Open 2018 in Paris, after her opponent withdrew from the final match, <a href=\"http:\/\/www.ahram.org.eg\/News\/202835\/6\/680679\/%D8%B1%D9%8A%D8%A7%D8%B6%D8%A9\/%D8%AA%D8%AA%D9%88%D9%8A%D8%AC-%D9%87%D8%AF%D8%A7%D9%8A%D8%A9-%D9%85%D9%84%D8%A7%D9%83-%D8%A8%D8%B0%D9%87%D8%A8%D9%8A%D8%A9-%D9%81%D8%B1%D9%86%D8%B3%D8%A7-%D8%A7%D9%84%D9%85%D9%81%D8%AA%D9%88%D8%AD%D8%A9-%D9%84%D9%84%D8%AA%D8%A7%D9%8A%D9%83%D9%88%D9%86%D8%AF%D9%88.aspx\">Al Ahram 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\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621770\" 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=\"621770\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egyptian-expat-ahmed-taha-stabbed-to-death-by-saudi-man-in-jazan\/\">\r\n                            Egyptian expat Ahmed Taha stabbed to death by Saudi man in Jazan                        <\/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\" 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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egyptian-expat-ahmed-taha-stabbed-to-death-by-saudi-man-in-jazan\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian expat Ahmed Taha stabbed to death by Saudi man in Jazan&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/egyptian-expat-ahmed-taha-stabbed-to-death-by-saudi-man-in-jazan\/\">\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\/18\/egyptian-expat-ahmed-taha-stabbed-to-death-by-saudi-man-in-jazan\/&title=Egyptian expat Ahmed Taha stabbed to death by Saudi man in Jazan\">\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+expat+Ahmed+Taha+stabbed+to+death+by+Saudi+man+in+Jazan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F18%2Fegyptian-expat-ahmed-taha-stabbed-to-death-by-saudi-man-in-jazan%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\/18\/egyptian-expat-ahmed-taha-stabbed-to-death-by-saudi-man-in-jazan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621770\" class=\"content-area-description single-story post-621770 post type-post status-publish format-standard hentry category-on-your-way-out tag-diplomacy tag-enterpriseam tag-saudi-arabia 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\/11\/.98a17d6f-e764-4c00-91d7-418264cc543c.mp3\"><\/audio><\/figure>\n<p><strong>Egyptian pharmacist Ahmed Taha was stabbed to death by a Saudi customer<\/strong> in his place of work in the Saudi city of Jazan. <a href=\"https:\/\/www.youm7.com\/story\/2018\/11\/16\/%D8%A7%D9%84%D8%B3%D9%84%D8%B7%D8%A7%D8%AA-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%AA%D8%AD%D9%82%D9%82-%D9%85%D8%B9-%D9%85%D8%AE%D8%AA%D9%84-%D8%B9%D9%82%D9%84%D9%8A%D8%A7-%D8%A8%D8%B9%D8%AF-%D9%82%D8%AA%D9%84%D9%87-%D8%B5%D9%8A%D8%AF%D9%84%D9%89-%D9%85%D8%B5%D8%B1%D9%89\/4033596\">Youm7<\/a> and <a href=\"https:\/\/egyptindependent.com\/egyptian-pharmacist-stabbed-to-death-in-saudi-arabia\/\">Egypt Independent<\/a>, among others, took note.<\/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\/saudi-arabia\/\">Saudi Arabia<\/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=\"621771\" 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=\"621771\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/621771\/\">\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\/18\/621771\/\" 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\/18\/621771\/')\">\n                    Copy Link            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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/621771\/&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%2F18%2F621771%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\/18\/621771\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621771\" class=\"content-area-description single-story post-621771 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> (Thursday): 13,682 (+1.4%)<br \/>\n <strong>Turnover:<\/strong> EGP 882 mn (18% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -8.9%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session up 1.4%. CIB, the index heaviest constituent ended up 1.1%. EGX30\u2019s top performing constituents were Palm Hills up 5.9%, and Eastern Co up 4.6%, and Telecom Egypt up 4.5%. Thursday\u2019s worst performing stocks were Pioneers Holding down 4.0%, Juhayna down 2.3% and Sidi Kerir Petrochemicals down 0.8%. The market turnover was EGP 882 mn, and regional investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +78.0 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -101.0 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +23.1 mn<\/p>\n<p><strong>Retail<\/strong>: 64.8% of total trades | 63.5% of buyers | 66.1% of sellers<br \/>\n <strong>Institutions<\/strong>: 35.2% of total trades | 36.5% of buyers | 33.9% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 56.46 (0.00%)<br \/>\n <strong>Brent:<\/strong> USD 66.76 (+0.21%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 4.27 MMBtu, (+5.79%, December 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,223.00\/ troy ounce (+0.66%)<br \n<\/p>\n<p><strong>TASI:<\/strong> 7,662.17 (+0.03%) (YTD: +6.03%)<br \/>\n <strong>ADX:<\/strong> 5,055.46 (+0.68%) (YTD: +14.94%)<br \/>\n <strong>DFM:<\/strong> 2,778.76 (+0.09%) (YTD: -17.55%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,297.04 (+0.13%)<br \/>\n <strong>QE:<\/strong> 10,214.19 (+0.15%) (YTD: +19.84%)<br \/>\n <strong>MSM:<\/strong> 4,450.56 (-0.20%) (YTD: -12.72%)<br \/>\n <strong>BB: <\/strong>1,309.16 (-0.10%) (YTD: -1.69%)<\/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=\"621772\" 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\/18\/621772\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621772\" class=\"content-area-description single-story post-621772 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>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>June 2019: International Forum for small and medium enterprises (SMEs).<\/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":621731,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-621730","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"4834309c-2b9d-49b2-992b-e706eceb13b4","teaser":"","photo_url":"https:\/\/ent.news\/2016\/10\/217.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>Central bank leaves interest rates on hold - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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