{"id":621939,"date":"2018-11-22T04:22:21","date_gmt":"2018-11-22T04:22:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=621939"},"modified":"2025-12-17T06:39:37","modified_gmt":"2025-12-17T06:39:37","slug":"govt-puts-banks-t-bill-profits-in-spotlight","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-puts-banks-t-bill-profits-in-spotlight\/","title":{"rendered":"Gov\u2019t puts banks\u2019 t-bill profits in spotlight"},"content":{"rendered":"<section id=\"621941\" 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=\"621941\">\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\/22\/what-were-tracking-on-22-november-2018\/\">\r\n                            What we\u2019re tracking on 22 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\/22\/what-were-tracking-on-22-november-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/what-were-tracking-on-22-november-2018\/655-png-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/655.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"655.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/655.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/655.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621941\" class=\"content-area-description single-story post-621941 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-energy tag-enterpriseam tag-goldman-sachs tag-governance tag-oil-and-gas tag-sovereign-fund-of-egypt tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>A reminder as we head into the madness that is Black (or white, if you must) Friday in Egypt: We\u2019re not alone in wanting to tax online sales: <\/strong>\u201cAt least 32 [US] states have passed or are soon expected to pass laws requiring online sellers to collect and remit sales taxes,\u201d <a href=\"https:\/\/www.reuters.com\/article\/us-usa-states-taxes-analysis\/holiday-wish-list-u-s-states-count-on-extra-online-sales-tax-to-boost-budget-idUSKCN1NQ0FT\">Reuters<\/a> reports. The challenges in collecting the newswire explores are uniquely American, but the impulse to tax online something that is taxed offline? That\u2019s universal.<\/p><p><strong>Did our fertilizer exports just get a shot in the arm? <\/strong>A new European Union <a href=\"https:\/\/www.reuters.com\/article\/us-eu-cadmium\/eu-agrees-on-maximum-cadmium-level-in-fertilisers-idUSKCN1NP2CH\">cap on cadmium levels<\/a> in fertilizers could advantage Egyptian producers (alongside rivals from Russia, KSA and Jordan) and punish exporters in Morocco and Tunisia, whose output tend to be higher in the metal.<\/p><p><strong>SWF bylaws and articles announced today? <\/strong>Officials are <a href=\"https:\/\/www.almalnews.com\/Story\/399214\/15\/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%AA%D9%86%D8%A7%D9%82%D8%B4-%D8%A7%D9%84%D9%86%D8%B8%D8%A7%D9%85-%D8%A7%D9%84%D8%A3%D8%B3%D8%A7%D8%B3%D9%8A-%D9%84%D9%84%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%AF%D9%8A----%D8%A7%D9%84\">due to meet today<\/a> to review the \u201cnearly complete\u201d bylaws and articles governing Egypt\u2019s new sovereign wealth fund. <a href=\"https:\/\/www.youm7.com\/story\/2018\/11\/21\/%D9%85%D8%B5%D8%AF%D8%B1-%D8%A7%D9%84%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%AF%D9%89-%D8%B3%D9%8A%D8%B9%D9%85%D9%84-%D8%AE%D9%84%D8%A7%D9%84-%D8%B4%D9%87%D8%B1-%D8%A8%D8%B9%D8%AF-%D8%AD%D8%B3%D9%85-%D9%85%D9%88%D9%82%D9%81-10\/4039031\">Media reports suggest<\/a> the fund will move into the setup phase within a month of finishing the bylaws and naming a CEO. The team working to hire the chief executive for the SWF <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/14\/what-were-tracking-on-13-november-2018-swf-regs-and-ceo-ma-forum-auc-coins\/\">told us last week<\/a> that it would need a little more time before making an announcement.<\/p><p><strong>Foreign Minister Sameh Shoukry is in Bulgaria for a two-day visit<\/strong>, during which he will discuss illegal migration and other issues with Bulgarian officials, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=21112018&amp;id=3cca1f89-47d0-4fbc-baf1-05ead3bb77ce\">Al Shorouk reports<\/a>.<\/p><p><strong>ON THE HORIZON: <\/strong>A couple of things to keep your eye on heading into next week:<\/p><ul>\n<li><strong>House to debate 0% duty on EU car imports: <\/strong>The House Industry Committee will hold hearings next week on Egypt\u2019s obligation to cut to 0% its import duties on EU-assembled cars as of 1 January, 2019, Rep. Farag Amer <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1344901\">tells Al Masry Al Youm<\/a>.<\/li>\n<li><strong>FRA to look into Beltone\u2019s appeal on Monday: <\/strong>The Financial Regulatory Authority has <a href=\"https:\/\/almalnews.com\/Story\/399493\/11\/%D8%B9%D8%A7%D8%AC%D9%84----%D8%AA%D8%A3%D8%AC%D9%8A%D9%84-%D9%86%D8%B8%D8%B1-%D8%AA%D8%B8%D9%84%D9%85-%D8%A7%D9%8A%D9%82%D8%A7%D9%81-%D8%A8%D9%84%D8%AA%D9%88%D9%86-%D9%84%D8%AC%D9%84%D8%B3%D8%A9-%D8%A7%D9%84%D8%A3%D8%AB%D9%86%D9%8A%D9%86-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\">reportedly postponed<\/a> to Monday a hearing of Beltone Financial\u2019s appeal against the FRA\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/04\/fra-suspends-beltones-investment-banking-arm-for-six-months-2\/\">six-month suspension<\/a> of its investment banking arm, sources said, <a href=\"https:\/\/almalnews.com\/Story\/399493\/11\/%D8%B9%D8%A7%D8%AC%D9%84----%D8%AA%D8%A3%D8%AC%D9%8A%D9%84-%D9%86%D8%B8%D8%B1-%D8%AA%D8%B8%D9%84%D9%85-%D8%A7%D9%8A%D9%82%D8%A7%D9%81-%D8%A8%D9%84%D8%AA%D9%88%D9%86-%D9%84%D8%AC%D9%84%D8%B3%D8%A9-%D8%A7%D9%84%D8%A3%D8%AB%D9%86%D9%8A%D9%86-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\">according to Al Mal<\/a>.<\/li>\n<\/ul><p><strong>Oil prices rose to above USD 63 per barrel on Wednesday<\/strong> after a 6% drop the previous day on news that US crude inventories fell by around 1.5 mn barrels last week, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-11-21\/oil-halts-drop-near-54-on-uncertainties-over-opec-s-output-plan?srnd=premium-middle-east\">Bloomberg<\/a>and <a href=\"https:\/\/www.reuters.com\/article\/us-global-oil\/oil-claws-back-some-losses-after-6-pct-plunge-but-outlook-still-weak-idUSKCN1NQ02K\">Reuters<\/a> reported. Investment bank Goldman Sachs predicts the coming weeks see continued volatility in oil prices, <a href=\"https:\/\/www.reuters.com\/article\/us-research-crude-goldman\/goldman-sachs-expects-volatile-oil-prices-in-coming-weeks-idUSKCN1NQ0JW\">Reuters notes<\/a>. \u201cIt will take a fundamental catalyst for prices to stabilize and eventually trade higher,\u201d Goldman said. OPEC and non-OPEC producers are expected to work on a strategy to stabilize oil markets at their coming meeting, <a href=\"https:\/\/www.reuters.com\/article\/us-oil-opec\/opec-will-work-to-stabilize-markets-at-next-meeting-iraqi-deputy-minister-idUSKCN1NQ0VF\">Reuters quoted Iraqi Deputy Oil Minister<\/a> Fayadh Al-Nema as having said yesterday.<\/p><p><strong>The recent correction in oil prices could save Egypt a bundle this fiscal year <\/strong>\u2014 as much as EGP 18 bn less than expected if prices close the year at an average of USD 58\/bbl, <a href=\"https:\/\/www.almalnews.com\/Story\/399583\/59\/%D9%85%D8%B5%D8%AF%D8%B1-%D8%AD%D9%83%D9%88%D9%85%D9%8A-%D8%AA%D8%B1%D8%A7%D8%AC%D8%B9-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%84-%D9%8A%D9%88%D9%81%D8%B1-18-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87-\">according to Al Mal<\/a>. The state budget for the current fiscal year assumes an oil price of USD 67\/bbl.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/goldman-sachs\/\">Goldman Sachs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/governance\/\">governance<\/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 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href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/another-night-of-miscellany-on-last-nights-talk-shows\/\">\r\n                            Another night of miscellany on last night\u2019s talk shows                        <\/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\/22\/another-night-of-miscellany-on-last-nights-talk-shows\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n  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href=\"https:\/\/api.whatsapp.com\/send?text=Another+night+of+miscellany+on+last+night%E2%80%99s+talk+shows+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Fanother-night-of-miscellany-on-last-nights-talk-shows%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\/22\/another-night-of-miscellany-on-last-nights-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621946\" class=\"content-area-description single-story post-621946 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-agriculture tag-agriculture-ministry tag-amr-nassar tag-economy tag-enterprise-last-nights-talk-shows tag-enterpriseam tag-house-of-representatives tag-legislation tag-russia tag-russian-industrial-zone wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It was another night of miscellany<\/strong> on last night\u2019s talk shows, with no overarching theme or topic of discussion emerging.<\/p>\n<p><strong>Increasing the private sector\u2019s role in the economy was the topic of a roundtable discussion<\/strong> between Egyptian Businessmen\u2019s Association Chairman Ali Eissa, industrial investors syndicate head Mohamed El Genidy and head of the Federation of Egyptian Industries\u2019 real estate development division Tarek Shoukry on Al Hayah Al Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=mZt0TlSTkdA\">watch, runtime: 1:31<\/a>).<\/p>\n<p><strong>Trade and Industry Minister Amr Nassar\u2019s visit to Moscow<\/strong> this week and progress on the Russian Industrial Zone were the main topic of discussion for the head of Egypt\u2019s trade office in Moscow, Nasser Hamed (<a href=\"https:\/\/www.youtube.com\/watch?v=toiD7EqJZOA\">watch, runtime: 7:04<\/a>).<\/p>\n<p>House Rep. Essam El Fekky is pushing a private member\u2019s bill that would <strong>bar medical professionals from simultaneously working at government hospitals and private institutions<\/strong> in an attempt to keep doctors \u201cmore focused\u201d on serving government hospitals, said Masaa DMC\u2019s Osama Kamal (<a href=\"https:\/\/www.youtube.com\/watch?v=P3Qe7l1ZlFU\">watch, runtime: 16:52<\/a>).<\/p>\n<p><strong>Mo Salah\u2019s latest \u201ccrisis\u201d in Egypt:<\/strong> Masaa DMC\u2019s Osama Kamal went on a tirade against Sports Minister Ashraf Sobhy over a Gharbiya youth center\u2019s decision to suspend Mohamed Salah\u2019s membership because the Liverpool forward was late in paying the EGP 57 annual membership fee. The center restored his membership once the fee was paid, but Kamal was beside himself that authorities did not intervene (<a href=\"https:\/\/www.youtube.com\/watch?v=TH5IRHujOx8\">watch, runtime: 1:27<\/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\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/agriculture-ministry\/\">Agriculture Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/amr-nassar\/\">Amr Nassar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/house-of-representatives\/\">House of Representatives<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russian-industrial-zone\/\">Russian Industrial Zone<\/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=\"621947\" 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=\"621947\">\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\/22\/egypt-finalizes-settlement-with-israel-on-usd-1-76-bn-intl-arbitration-ruling\/\">\r\n                            Egypt finalizes settlement with Israel on USD 1.76 bn int\u2019l arbitration ruling                        <\/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\/22\/egypt-finalizes-settlement-with-israel-on-usd-1-76-bn-intl-arbitration-ruling\/\" 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\/22\/egypt-finalizes-settlement-with-israel-on-usd-1-76-bn-intl-arbitration-ruling\/')\">\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\/22\/egypt-finalizes-settlement-with-israel-on-usd-1-76-bn-intl-arbitration-ruling\/\">\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 finalizes settlement with Israel on USD 1.76 bn int\u2019l arbitration ruling&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/egypt-finalizes-settlement-with-israel-on-usd-1-76-bn-intl-arbitration-ruling\/\">\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\/22\/egypt-finalizes-settlement-with-israel-on-usd-1-76-bn-intl-arbitration-ruling\/&title=Egypt finalizes settlement with Israel on USD 1.76 bn int\u2019l arbitration ruling\">\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+finalizes+settlement+with+Israel+on+USD+1.76+bn+int%E2%80%99l+arbitration+ruling+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Fegypt-finalizes-settlement-with-israel-on-usd-1-76-bn-intl-arbitration-ruling%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\/22\/egypt-finalizes-settlement-with-israel-on-usd-1-76-bn-intl-arbitration-ruling\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621947\" class=\"content-area-description single-story post-621947 post type-post status-publish format-standard hentry category-speed-round tag-delek-drilling tag-energy tag-enterpriseam tag-israel tag-leviathan tag-oil-and-gas tag-speed-round tag-tamar wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Egypt finalizes settlement with Israel on USD 1.76 bn int\u2019l arbitration ruling: <\/strong>The Madbouly government has finalized a settlement to reduce a USD 1.76 bn award Israeli Electric Company won in 2012 against EGAS, EGPC and East Mediterranean Gas (EMG), unnamed <a href=\"https:\/\/alborsaanews.com\/2018\/11\/21\/1154018\">government sources<\/a> told the domestic press. The settlement, awarded for the cut-off of natural gas exports to our eastern neighbors, will be reduced and amortized over a period of time, one source said. Egypt will begin paying the fine as soon as Israel begins selling natural gas to Egypt sometime in 1H2019, allowing the government to pay off the fine using a portion of revenues from transporting the gas from Israeli fields through its pipeline network. <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/\">Sources had told Bloomberg in August<\/a> that the Egyptian government has reached an agreement to reduce the arbitration award to USD 470 mn payable over a period of about 15 years. Egypt is believed to be lining up a facility from banks to cover the sum.<\/p>\n<p><strong>Background: <\/strong>The Egyptian government made settling the USD 1.76 bn award a condition for allowing any multi-bn agreement to buy gas from Israel. Word of a settlement in the offing emerged when Alaa Arafa\u2019s Dolphinus Holdings <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/20\/dolphinus-reportedly-signs-usd-15-bn-natural-gas-agreement-with-israel\/\">announced a USD 15 bn agreement<\/a> with operators of the Tamar and Leviathan fields, Delek and Noble Energy, to buy gas, which could be processed at Egyptian liquefaction plants and exported. The agreement paved the way for Noble Energy and Delek, along with their Egyptian partner East Gas, <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/30\/noble-delek-east-gas-sign-agreements-paving-the-way-for-gas-exports-to-your-favorite-new-regional-gas-export-hub\/\">to acquire a 39% stake<\/a> in pipeline operator East Mediterranean Gas (EMG) \u2014 a crucial milestone in Egypt becoming the regional export hub for the East Mediterranean gas fields.<\/p>\n<p><strong>EMG pipeline sidelined until the end of the year? <\/strong>Israel will export natural gas from its Tamar and Leviathan fields to Egypt through its domestic network and not the Sinai pipeline, which will be \u201cused at a later stage,\u201d Delek Drilling CEO Yossi Abu said, <a href=\"https:\/\/www.haaretz.com\/israel-news\/business\/gas-exports-to-egypt-will-initially-flow-through-pan-arab-pipeline-1.6662711\">according to Haaretz<\/a>. Initially, gas will be delivered from Israel through the Arab Gas Pipeline (which the Israeli\u2019s fondly refer to as the Pan-Arab pipeline) connecting Jordan and Egypt. Israel\u2019s gas network will be connected to the Arab Gas pipeline in May 2019, <a href=\"https:\/\/www.icis.com\/explore\/resources\/news\/2018\/11\/19\/10283464\/delek-s-israeli-regional-gas-exports-on-track-0xe2-0x80-ceo\/\">Abu said<\/a>. The EMG pipeline would be used to send gas to Egypt by December 2019, he added. The decision comes <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/06\/israel-may-struggle-to-deliver-gas-to-egypt-in-contracted-volume\/\">amid concerns<\/a> that the EMG pipeline would not be enough to meet the contracted delivery of 7 bcf per year, especially when the Leviathan field comes online.<\/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\/delek-drilling\/\">Delek Drilling<\/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\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/leviathan\/\">Leviathan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tamar\/\">Tamar<\/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=\"621963\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621964\" 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=\"621964\">\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\/22\/convergence-of-us-and-eu-economies-will-decide-if-a-major-global-recession-is-coming-el-erian\/\">\r\n                            Convergence of US and EU economies will decide if a major global recession is coming \u2013El Erian                        <\/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\/22\/convergence-of-us-and-eu-economies-will-decide-if-a-major-global-recession-is-coming-el-erian\/\" 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\/22\/convergence-of-us-and-eu-economies-will-decide-if-a-major-global-recession-is-coming-el-erian\/')\">\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\/22\/convergence-of-us-and-eu-economies-will-decide-if-a-major-global-recession-is-coming-el-erian\/\">\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=Convergence of US and EU economies will decide if a major global recession is coming \u2013El Erian&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/convergence-of-us-and-eu-economies-will-decide-if-a-major-global-recession-is-coming-el-erian\/\">\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\/22\/convergence-of-us-and-eu-economies-will-decide-if-a-major-global-recession-is-coming-el-erian\/&title=Convergence of US and EU economies will decide if a major global recession is coming \u2013El Erian\">\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=Convergence+of+US+and+EU+economies+will+decide+if+a+major+global+recession+is+coming+%E2%80%93El+Erian+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Fconvergence-of-us-and-eu-economies-will-decide-if-a-major-global-recession-is-coming-el-erian%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\/22\/convergence-of-us-and-eu-economies-will-decide-if-a-major-global-recession-is-coming-el-erian\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621964\" class=\"content-area-description single-story post-621964 post type-post status-publish format-standard hentry category-the-macro-picture tag-economy tag-enterpriseam tag-mohamed-el-erian tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Convergence of US and EU economies will decide if a major global recession is coming<\/strong>, Allianz Chief Economic Adviser Mohamed El Erian tells BBC World Service\u2019s Hardtalk. For Europe there is a 50% chance for a recession next year, but not for the US. The issue here is the divergence of the US economy being on a high, while growth in Europe is slowing down thanks to structural impairment. How the world economy will fare depends on the convergence of these two factors. Will the US be dragged down by the rest of the world, or will Europe get its act together and catch up? El Erian\u2019s comments on the global economy come as US, European and Asian equities took a major hit this week.<\/p>\n<p><strong>The US Federal Reserve should take responsibility for the impact of monetary tightening on emerging markets<\/strong>, El Erian appears to suggest, using the metaphor that you cannot have a good house in a bad neighborhood. It was the quantitative easing that raised liquidity and drove investors unfamiliar with some EM countries to buy their debt, take on their risks and deploy capital inefficiently. As the Fed now moves to raise interest rates, these investors are pulling out and EMs suffer for it.<\/p>\n<p><strong>El Erian sees logic in the Trump Administration\u2019s trade war<\/strong>, saying that it tumbled on to a \u2018Reagan moment\u2019: \u201cIf the US is willing to incur the risk of a trade war, it will win every single time.\u201d The aggressive approach is driving America\u2019s trade partners to try to de-escalate trade tensions as they realize they cannot win a trade war with the US.<\/p>\n<p><strong>You can catch the full interview here <\/strong><strong>(<\/strong><a href=\"https:\/\/www.bbc.co.uk\/sounds\/play\/w3cswjfw\"><strong>listen, runtime: 23:00<\/strong><\/a><strong>)<\/strong>, or catch his recent appearance on Bloomberg, where he says he doesn\u2019t expect a US recession in the next 18-24 months (<a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2018-11-21\/el-erian-doesn-t-expect-u-s-recession-in-next-18-24-months-video\">watch, runtime 3:30<\/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\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mohamed-el-erian\/\">Mohamed El Erian<\/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=\"621965\" 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=\"621965\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/16-egyptian-men-were-held-hostage-in-libya-over-financial-dispute\/\">\r\n                            16 Egyptian men were held hostage in Libya over financial dispute                        <\/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\/22\/16-egyptian-men-were-held-hostage-in-libya-over-financial-dispute\/\" 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\/22\/16-egyptian-men-were-held-hostage-in-libya-over-financial-dispute\/')\">\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\/22\/16-egyptian-men-were-held-hostage-in-libya-over-financial-dispute\/\">\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=16 Egyptian men were held hostage in Libya over financial dispute&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/16-egyptian-men-were-held-hostage-in-libya-over-financial-dispute\/\">\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\/22\/16-egyptian-men-were-held-hostage-in-libya-over-financial-dispute\/&title=16 Egyptian men were held hostage in Libya over financial dispute\">\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=16+Egyptian+men+were+held+hostage+in+Libya+over+financial+dispute+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2F16-egyptian-men-were-held-hostage-in-libya-over-financial-dispute%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\/22\/16-egyptian-men-were-held-hostage-in-libya-over-financial-dispute\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621965\" class=\"content-area-description single-story post-621965 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam tag-libya 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 this morning is the abduction of 16 Egyptians in Eastern Libya by unknown gunmen<\/strong>. The Egyptian workers, from Kafr El Sheikh, were taken hostage five days ago amid a reported financial dispute between a Libyan contractor and an unnamed Egyptian businessman. The kidnapped workers were yesterday and the dispute has been resolved, Kafr El Sheikh Governor Ismail Taha said, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1344983\">according to Al Masry Al Youm<\/a>, without providing additional details. <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-libya-kidnap\/egyptians-kidnapped-by-libyan-gunmen-over-business-dispute-residents-idUSKCN1NQ24O\">Reuters has the story<\/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\/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\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621966\" 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=\"621966\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/russia-calls-onto-uae-businessmen-to-invest-in-its-egypt-industrial-zone\/\">\r\n                            Russia calls onto UAE businessmen to invest in its Egypt industrial zone                        <\/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\/22\/russia-calls-onto-uae-businessmen-to-invest-in-its-egypt-industrial-zone\/\" 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\/22\/russia-calls-onto-uae-businessmen-to-invest-in-its-egypt-industrial-zone\/')\">\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\/22\/russia-calls-onto-uae-businessmen-to-invest-in-its-egypt-industrial-zone\/\">\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=Russia calls onto UAE businessmen to invest in its Egypt industrial zone&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/russia-calls-onto-uae-businessmen-to-invest-in-its-egypt-industrial-zone\/\">\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\/22\/russia-calls-onto-uae-businessmen-to-invest-in-its-egypt-industrial-zone\/&title=Russia calls onto UAE businessmen to invest in its Egypt industrial zone\">\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=Russia+calls+onto+UAE+businessmen+to+invest+in+its+Egypt+industrial+zone+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Frussia-calls-onto-uae-businessmen-to-invest-in-its-egypt-industrial-zone%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\/22\/russia-calls-onto-uae-businessmen-to-invest-in-its-egypt-industrial-zone\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621966\" class=\"content-area-description single-story post-621966 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam tag-russia tag-russian-industrial-zone tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Russia calls onto UAE businessmen to invest in its Egypt industrial zone: <\/strong>Russian Economic Development Minister Maxim Oreshkin has called onto UAE businessmen to cooperate with his country by investing in a massive industrial zone it\u2019s building in Egypt\u2019s Suez Canal Economic Zone and other projects in the region, Russian news agency RIA Novosti reported, <a href=\"https:\/\/www.youm7.com\/story\/2018\/11\/21\/%D8%B1%D9%88%D8%B3%D9%8A%D8%A7-%D8%AA%D8%AF%D8%B9%D9%88-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A7%D9%84%D9%85%D8%B4%D8%AA%D8%B1%D9%83-%D9%81%D9%89-%D8%A7%D9%84%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A%D8%A9-%D8%A7%D9%84%D8%B1%D9%88%D8%B3%D9%8A%D8%A9-%D8%A8%D9%85%D8%B5%D8%B1\/4039742\">according to Youm7<\/a>. The House of Representatives <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1341963\">signed off this month<\/a> on contracts with Russia to establish the USD 7 bn Russian Industrial Zone (RIZ).<\/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-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/russian-industrial-zone\/\">Russian Industrial Zone<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/uae\/\">UAE<\/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=\"621967\" 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=\"621967\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/egypt-to-issue-global-tender-for-transformer-power-station-in-beni-suef\/\">\r\n                            Egypt to issue global tender for transformer power station in Beni Suef                        <\/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\/22\/egypt-to-issue-global-tender-for-transformer-power-station-in-beni-suef\/\" 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\/22\/egypt-to-issue-global-tender-for-transformer-power-station-in-beni-suef\/')\">\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\/22\/egypt-to-issue-global-tender-for-transformer-power-station-in-beni-suef\/\">\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 to issue global tender for transformer power station in Beni Suef&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/egypt-to-issue-global-tender-for-transformer-power-station-in-beni-suef\/\">\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\/22\/egypt-to-issue-global-tender-for-transformer-power-station-in-beni-suef\/&title=Egypt to issue global tender for transformer power station in Beni Suef\">\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+to+issue+global+tender+for+transformer+power+station+in+Beni+Suef+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Fegypt-to-issue-global-tender-for-transformer-power-station-in-beni-suef%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\/22\/egypt-to-issue-global-tender-for-transformer-power-station-in-beni-suef\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621967\" class=\"content-area-description single-story post-621967 post type-post status-publish format-standard hentry category-energy tag-electricity tag-energy tag-enterpriseam tag-infrastructure 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\/.6c51f77e-0709-4728-a02d-a0755b2775fc.mp3\"><\/audio><\/figure>\n<p>The Egyptian Electricity Transmission Company (EETC) will issue a global tender to build a 22\/66 kV, 80 MVA transformer power station in Beni Suef, <a href=\"https:\/\/almalnews.com\/Story\/399364\/58\/%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D9%84%D9%86%D9%82%D9%84-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%AA%D8%B7%D8%B1%D8%AD-%D9%85%D9%86%D8%A7%D9%82%D8%B5%D8%A9-%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0-%D9%85%D8%AD%D8%B7%D8%A9-%D9%85%D8%AD%D9%88%D9%84\">sources told Al Mal<\/a>. Bids for the tenders are expected to be received by the end of December, and the station should be constructed within three months of signing the contract.<\/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\/electricity\/\">electricity<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621970\" 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=\"621970\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/itda-to-offer-five-retail-outlets-and-logistics-centers-next-month\/\">\r\n                            ITDA to offer five retail outlets and logistics centers next month                        <\/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\/22\/itda-to-offer-five-retail-outlets-and-logistics-centers-next-month\/\" 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\/22\/itda-to-offer-five-retail-outlets-and-logistics-centers-next-month\/')\">\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\/22\/itda-to-offer-five-retail-outlets-and-logistics-centers-next-month\/\">\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=ITDA to offer five retail outlets and logistics centers next month&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/itda-to-offer-five-retail-outlets-and-logistics-centers-next-month\/\">\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\/22\/itda-to-offer-five-retail-outlets-and-logistics-centers-next-month\/&title=ITDA to offer five retail outlets and logistics centers next month\">\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=ITDA+to+offer+five+retail+outlets+and+logistics+centers+next+month+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Fitda-to-offer-five-retail-outlets-and-logistics-centers-next-month%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\/22\/itda-to-offer-five-retail-outlets-and-logistics-centers-next-month\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621970\" class=\"content-area-description single-story post-621970 post type-post status-publish format-standard hentry category-infrastructure tag-development tag-enterpriseam tag-infrastructure tag-logistics tag-retail tag-supply-ministry tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.50a64a9b-af82-45b1-bf1b-87d6661f73fe.mp3\"><\/audio><\/figure>\n<p>The Internal Trade Development Authority (ITDA) will launch tenders for five commercial centers and trade zones to investors next month, ITDA head Ibrahim El Ashmawy told Amwal Al Ghad. The tenders are part of the Supply Ministry\u2019s logistics-focused <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/27\/el-moselhy-announces-logistics-focused-internal-trade-strategy-at-amcham-luncheon\/\">internal trade strategy<\/a>, which will see the establishment of several logistics zones for agricultural products.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/retail\/\">retail<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/supply-ministry\/\">Supply Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621971\" 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=\"621971\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/health-ministry-to-begin-implementing-meds-tracking-system-by-year-end\/\">\r\n                            Health Ministry to begin implementing meds tracking system by year-end                        <\/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\/22\/health-ministry-to-begin-implementing-meds-tracking-system-by-year-end\/\" 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\/22\/health-ministry-to-begin-implementing-meds-tracking-system-by-year-end\/')\">\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\/22\/health-ministry-to-begin-implementing-meds-tracking-system-by-year-end\/\">\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=Health Ministry to begin implementing meds tracking system by year-end&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/health-ministry-to-begin-implementing-meds-tracking-system-by-year-end\/\">\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\/22\/health-ministry-to-begin-implementing-meds-tracking-system-by-year-end\/&title=Health Ministry to begin implementing meds tracking system by year-end\">\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=Health+Ministry+to+begin+implementing+meds+tracking+system+by+year-end+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Fhealth-ministry-to-begin-implementing-meds-tracking-system-by-year-end%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\/22\/health-ministry-to-begin-implementing-meds-tracking-system-by-year-end\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621971\" class=\"content-area-description single-story post-621971 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health tag-health-education tag-pharma 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\/.36b4113e-8dfd-444d-a809-47a926e3f605.mp3\"><\/audio><\/figure>\n<p>The Health Ministry will begin implementing its digital tracking system to monitor the distribution and sales of meds by the end of the year, deputy head of the Federation of Egyptian Industries\u2019 pharma division Riad Armanious said yesterday, <a href=\"http:\/\/www.masrawy.com\/news\/news_egypt\/details\/2018\/11\/21\/1466509\/%D8%A7%D9%84%D8%B5%D8%AD%D8%A9-%D9%88-%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D8%A7%D9%84%D8%AF%D9%88%D8%A7%D8%A1-%D9%8A%D8%AA%D9%81%D9%82%D8%A7%D9%86-%D8%B9%D9%84%D9%89-%D8%AA%D8%B7%D8%A8%D9%8A%D9%82-%D8%A7%D9%84%D8%AA%D8%AA%D8%A8%D8%B9-%D8%A7%D9%84%D8%AF%D9%88%D8%A7%D8%A6%D9%8A-%D9%86%D9%87%D8%A7%D9%8A%D8%A9-%D8%AF%D9%8A%D8%B3%D9%85%D8%A8%D8%B1#sectionListing\">according to Masrawy<\/a>. The system, which is meant to help prevent locally manufactured products from being smuggled for exports and ensure expired meds are recalled from the market, will require local pharma manufacturers and distributing companies to enter a barcode into the database for every medication in the market since 1 January of this year, Health Ministry official Rasha Ziad <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/13\/health-ministry-launches-electronic-database-to-track-meds-production-distribution\/\">said earlier this year<\/a>. The ministry had announced its plans to create the database <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/18\/health-ministry-is-developing-a-new-tracking-system-for-meds\/\">last year<\/a>, after it struggled to keep expired meds off the market following its <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/15\/health-ministry-issues-new-price-increases-on-meds\/\">decision to implement price increases<\/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\/health\/\">health<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pharma\/\">pharma<\/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=\"621974\" 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=\"621974\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/egypt-inks-cooperation-with-nikki-beach-hotels-for-new-alamein-project\/\">\r\n                            Egypt inks cooperation with Nikki Beach Hotels for New Alamein 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\/22\/egypt-inks-cooperation-with-nikki-beach-hotels-for-new-alamein-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\/22\/egypt-inks-cooperation-with-nikki-beach-hotels-for-new-alamein-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\/22\/egypt-inks-cooperation-with-nikki-beach-hotels-for-new-alamein-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=Egypt inks cooperation with Nikki Beach Hotels for New Alamein project&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/egypt-inks-cooperation-with-nikki-beach-hotels-for-new-alamein-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\/22\/egypt-inks-cooperation-with-nikki-beach-hotels-for-new-alamein-project\/&title=Egypt inks cooperation with Nikki Beach Hotels for New Alamein 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=Egypt+inks+cooperation+with+Nikki+Beach+Hotels+for+New+Alamein+project+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Fegypt-inks-cooperation-with-nikki-beach-hotels-for-new-alamein-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\/22\/egypt-inks-cooperation-with-nikki-beach-hotels-for-new-alamein-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621974\" class=\"content-area-description single-story post-621974 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-hospitality tag-new-alamein tag-tourism tag-travel 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\/.3328fad8-20d3-4fa6-b2e2-244db4918567.mp3\"><\/audio><\/figure>\n<p>The Housing Ministry signed an MoU with international hotel chain Nikki Beach Hotels to operate and manage a hotel and residential project in New Alamein, according to <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1133903593454671\">a Cabinet statement<\/a>. No further details were provided.<\/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\/hospitality\/\">hospitality<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-alamein\/\">New Alamein<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/travel\/\">travel<\/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=\"621975\" 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=\"621975\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/cira-egx-sign-cooperation-agreement-to-promote-financial-literacy-in-egypt\/\">\r\n                            CIRA, EGX sign cooperation agreement to promote financial literacy in Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/cira-egx-sign-cooperation-agreement-to-promote-financial-literacy-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/cira-egx-sign-cooperation-agreement-to-promote-financial-literacy-in-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/cira-egx-sign-cooperation-agreement-to-promote-financial-literacy-in-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=CIRA, EGX sign cooperation agreement to promote financial literacy in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/cira-egx-sign-cooperation-agreement-to-promote-financial-literacy-in-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/cira-egx-sign-cooperation-agreement-to-promote-financial-literacy-in-egypt\/&title=CIRA, EGX sign cooperation agreement to promote financial literacy in Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=CIRA%2C+EGX+sign+cooperation+agreement+to+promote+financial+literacy+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Fcira-egx-sign-cooperation-agreement-to-promote-financial-literacy-in-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/cira-egx-sign-cooperation-agreement-to-promote-financial-literacy-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621975\" class=\"content-area-description single-story post-621975 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-development tag-education tag-enterpriseam tag-finance tag-investment-watch tag-other-business-news-of-note 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\/.635c61aa-ec4e-4420-97a6-b89baa9b3108.mp3\"><\/audio><\/figure>\n<p>Leading private-sector education provider CIRA has signed a cooperation framework with the EGX to promote financial literacy in Egypt, EGX boss Mohamed Farid <a href=\"https:\/\/www.youm7.com\/story\/2018\/11\/19\/%D9%81%D9%8A%D8%AF%D9%8A%D9%88-%D8%A7%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-%D8%AA%D9%88%D9%82%D8%B9-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D9%85%D8%B9-%D8%B4%D8%B1%D9%83%D8%A9-%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%84%D9%86%D8%B4%D8%B1\/4037207\">tells Youm7<\/a>. The agreement will see the EGX train 60 faculty members from Badr University, which is owned by CIRA, on the principles of finance and stock trading. CIRA also plans to start offering education courses in capital and financial markets at the university, as well as at its secondary schools.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/development\/\">development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/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\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621976\" 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=\"621976\">\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\">Legislation + Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/mp-drafting-new-law-to-regulate-billboards-in-egypt\/\">\r\n                            MP drafting new law to regulate billboards in Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/mp-drafting-new-law-to-regulate-billboards-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/mp-drafting-new-law-to-regulate-billboards-in-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/mp-drafting-new-law-to-regulate-billboards-in-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=MP drafting new law to regulate billboards in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/mp-drafting-new-law-to-regulate-billboards-in-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/mp-drafting-new-law-to-regulate-billboards-in-egypt\/&title=MP drafting new law to regulate billboards in Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=MP+drafting+new+law+to+regulate+billboards+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Fmp-drafting-new-law-to-regulate-billboards-in-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/mp-drafting-new-law-to-regulate-billboards-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621976\" class=\"content-area-description single-story post-621976 post type-post status-publish format-standard hentry category-legislation-policy tag-enterpriseam tag-legislation tag-legislation-policy tag-policy tag-regulation 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\/.bba511d9-d33b-4cac-b041-59292e8f901e.mp3\"><\/audio><\/figure>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> House Rep. Mohamed Zein is preparing a draft law to regulate billboards, which he says pose a safety hazard due to their being a distraction, <a href=\"https:\/\/egyptianstreets.com\/2018\/11\/19\/egyptian-mp-drafts-new-law-to-regulate-outdoor-advertising\/\">Egyptian Streets reports<\/a>. According to Zein, some billboards are also put up without proper licensing or permission. The government <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/24\/cabinet-approves-amendments-to-income-tax-law-draft-law-regulating-billboards\/\">had approved in January<\/a> a similar piece of legislation, which would set regulations for the issuance of licenses for new billboards and regulate the content of the ads they carry. It remains unclear what the fate of the government\u2019s bill is.<\/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\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-policy\/\">Legislation + Policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/policy\/\">policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/regulation\/\">regulation<\/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=\"621977\" 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=\"621977\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/italy-arrests-egyptian-accused-of-backing-daesh\/\">\r\n                            Italy arrests Egyptian accused of backing Daesh                        <\/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\/22\/italy-arrests-egyptian-accused-of-backing-daesh\/\" 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\/22\/italy-arrests-egyptian-accused-of-backing-daesh\/')\">\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\/22\/italy-arrests-egyptian-accused-of-backing-daesh\/\">\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=Italy arrests Egyptian accused of backing Daesh&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/italy-arrests-egyptian-accused-of-backing-daesh\/\">\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\/22\/italy-arrests-egyptian-accused-of-backing-daesh\/&title=Italy arrests Egyptian accused of backing Daesh\">\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=Italy+arrests+Egyptian+accused+of+backing+Daesh+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Fitaly-arrests-egyptian-accused-of-backing-daesh%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\/22\/italy-arrests-egyptian-accused-of-backing-daesh\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621977\" class=\"content-area-description single-story post-621977 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-daesh tag-egypt-politics-economics tag-enterpriseam tag-italy tag-terrorism 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\/.ff06cb44-e4ce-4544-8474-589e919cb25b.mp3\"><\/audio><\/figure>\n<p>Italian police arrested in Milan yesterday an Egyptian man accused of supporting Daesh, <a href=\"https:\/\/www.almalnews.com\/Story\/399543\/19\/%D8%A7%D8%B9%D8%AA%D9%82%D8%A7%D9%84-%D9%85%D8%B5%D8%B1%D9%8A-%D8%A8%D8%A5%D9%8A%D8%B7%D8%A7%D9%84%D9%8A%D8%A7-%D8%A8%D8%AA%D9%87%D9%85%D8%A9-%D8%A7%D9%84%D8%A7%D9%86%D8%AA%D9%85%D8%A7%D8%A1-%D9%84%D8%AA%D9%86%D8%B8%D9%8A%D9%85-%D8%AF%D8%A7%D8%B9%D8%B4\">Al Mal reports<\/a>. Police said that the suspect was planning to join the terrorist group and was using social media apps to share jihadist propaganda. Investigations also found two other Egyptians were in connection with the suspect.<\/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\/daesh\/\">Daesh<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/italy\/\">Italy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/terrorism\/\">terrorism<\/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=\"621978\" 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=\"621978\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/magda-habib-ceo-and-founder-dawi-clinics\/\">\r\n                            Magda Habib, CEO and founder, Dawi Clinics                        <\/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\/22\/magda-habib-ceo-and-founder-dawi-clinics\/\" 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\/22\/magda-habib-ceo-and-founder-dawi-clinics\/')\">\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\/22\/magda-habib-ceo-and-founder-dawi-clinics\/\">\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=Magda Habib, CEO and founder, Dawi Clinics&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/magda-habib-ceo-and-founder-dawi-clinics\/\">\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\/22\/magda-habib-ceo-and-founder-dawi-clinics\/&title=Magda Habib, CEO and founder, Dawi Clinics\">\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=Magda+Habib%2C+CEO+and+founder%2C+Dawi+Clinics+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F11%2F22%2Fmagda-habib-ceo-and-founder-dawi-clinics%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\/22\/magda-habib-ceo-and-founder-dawi-clinics\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/1083.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"621979\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/magda-habib-ceo-and-founder-dawi-clinics\/1083-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/1083.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1083.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/1083.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/1083.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621978\" class=\"content-area-description single-story post-621978 post type-post status-publish format-standard has-post-thumbnail hentry category-my-morning-routine tag-enterpriseam tag-healthcare tag-my-morning-routine 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\/.bfda1e9a-c599-47bd-9b57-d1985cff9b65.mp3\"><\/audio><\/figure>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> My Morning Routine looks each week at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions because we simply can\u2019t help ourselves. Extracts from our conversation this week with Magda Habib, whose decency and smarts long ago played a critical, if indirect, role in setting us down a path that made Enterprise possible.<\/p>\n<p><strong>Who am I?<\/strong> I\u2019m Magda Habib, aged 51, wife and mother of three daughters and a business professional. I\u2019m the CEO and founder of Dawi Clinics and an amateur triathlete.<\/p>\n<p><strong>Dawi Clinics is a chain of primary healthcare clinics.<\/strong> You know how you complained a few issues back that there are no primary care \/ family physicians in Cairo? I\u2019m here to prove you wrong. Today, we\u2019re running five locations and have plans to open more in 2019 across Cairo then spread to other governorates, including our first clinics outside of Cairo.<\/p>\n<p><strong>We want to be the first destination for all family members for all their healthcare needs<\/strong>, so we have internists, pediatricians and dentists available all day, every day and we complement this service with gynecology, dermatology, ENT, orthopedics and psychiatry. We also have lab sampling and diagnostic services on site. Our aim is to be able to diagnose and treat c. 80% of all patients who present at our clinic. This, together with easy scheduling, no waiting time, clean clinics and friendly staff who know how to coordinate between specialities and do follow-up gives people the care they need in a convenient setting.<\/p>\n<p><strong>I am a morning person, and my morning routine begins daily at 5am<\/strong> \u2014 maximum 5:30am. Until 7am, I\u2019m usually in the kitchen talking and having coffee with my husband, preparing breakfast and lunch for my twin 14-year-old daughters and seeing them off to school. It is some days the only hour of the day when we have a chance to catch up. By 7am, all three of them are out of the house except my older daughter, who works and has her own routine.<\/p>\n<p><strong>When do I read Enterprise? <\/strong>I do read Enterprise every day at some point of the day, but unfortunately usually in the evenings after I come back from work and am unwinding on the couch before bedtime. I\u2019m an avid reader, but the past 24 months setting up Dawi have been so loaded that I don\u2019t have much mental energy left for something serious. So when I need to unwind, I read novels (I loved <a href=\"https:\/\/www.amazon.com\/Follett-Century-Trilogy-Collection-Eternity\/dp\/9526529030\">Ken Follett\u2019s Century Trilogy<\/a>) or watch TV series (<a href=\"https:\/\/www.usanetwork.com\/suits\">Suits<\/a>, <a href=\"https:\/\/www.netflix.com\/eg-en\/title\/80025678\">The Crown<\/a> and <a href=\"https:\/\/www.netflix.com\/eg-en\/title\/70178217\">House of Cards<\/a>). The last interesting business book I read before Dawi \u2014 and thoroughly enjoyed and would like to revisit \u2014 was <a href=\"https:\/\/www.amazon.com\/Price-Inequality-Divided-Society-Endangers-ebook\/dp\/B007MKCQ30\/\">Stiglitz\u2019s The Price of Inequality<\/a>.<\/p>\n<p><strong>When everyone is out of the house in the morning, I do one of two things:<\/strong> If I have a backlog of work or something that needs a very high degree of concentration, I sit at my laptop with coffee and work alone in a quiet house for a couple of hours. Then I get dressed and go to the office. Otherwise, and more frequently, I grab my training gear and join my Maadi Athletes team for our morning triathlon training.<\/p>\n<p><strong>Maadi Athletes is a triathlon team.<\/strong> We swim Sundays, Tuesdays, and Thursdays, run Mondays, Wednesdays, and Saturdays, and cycle on Fridays. This is my preferred morning. But it is hectic, especially if it is swim day, because I need all my work gear in a bag before rushing to the club. After training, it\u2019s a quick shower and then I rush to the office by 9:00 or 9:30 max for an early meeting.<\/p>\n<p><strong>Fuul is an indulgence.<\/strong> On days when I don\u2019t have very early meetings, I may take the liberty of joining my teammates for a quick fuul breakfast at Sami\u2019s, the street vendor in Sakanat El-Maadi. It\u2019s a delicious meal, especially in winter after a long swim.<\/p>\n<p><strong>I\u2019m usually in the office until 6-7pm<\/strong>, then home for a couple of hours doing errands or helping with homework. I read or watch TV for an hour, then am in bed by 10pm.<\/p>\n<p><strong>I like building things, and Dawi Clinics is my third baby.<\/strong> I was employee number three at Raya Holding, where I helped Medhat Khalil build the company as a member of the executive team. I had a 14-year run there and left the company after it had gone public and grown to be about 7k employees. Then I co-founded Fawry, the e-payment network, in 2009 with Ashraf Sabry.<\/p>\n<p><strong>I hate when people call me a \u201cserial entrepreneur.\u201d<\/strong> I was super lucky to work with Medhat Khalil when the idea of Raya came up and I was super lucky that he gave me space to work and grow during the time it was developing. I also think I was super lucky to have been Ashraf Sabry\u2019s friend and work colleague, so that I knew about his payment venture when he was starting it and he allowed my to co-invest and co-found it with him.<\/p>\n<p><strong>After the Fawry exit,<\/strong> I had vague plans of taking it easy. Within six months of that, I was already chin-deep in work setting up Dawi.<\/p>\n<p><strong>Why Dawi? <\/strong>I got approached by several people, either for corporate jobs or for new venture ideas. Nader Iskander, my friend and CEO of EME International, approached me one day with the idea of the \u201cStarbucks of clinics.\u201d He had seen and read about the chains of urgent care clinics that were growing like mushrooms around the US. The idea stuck in my mind, and as I did some research, I realized a standardized medical services chain is all about brand management, retail management, operational efficiencies, HR, SOPs, audit \u2014 all areas that I am good at. Nader (who is not an MD) and I started meeting with physician friends to discuss the idea, and that\u2019s how we came into contact with Dr. Mairose Doss, my co-founder and partner. I tossed out the idea at a Christmas party in 2015, and she just loved it.<\/p>\n<p><strong>This was all in the run-up to devaluation, remember. <\/strong>The three of us spent the first six months of 2016 on research and our business plan \u2014 and then six months on fundraising. Nobody wanted to take the risk \u2014 it was a really, really bad time to be raising funds in Egypt. We found a window in trapped local liquidity and raised our first round from Egyptian high-net-worth investors. We had a company by January 2017 and had opened our first branch in Maadi by June of last year.<\/p>\n<p><strong>The investment thesis is about scale and patient loyalty.<\/strong> Outpatient, especially with a primary care focus, is a low-margin business, so scale with a focus on operational efficiencies and standardized service are key.<\/p>\n<p><strong>What do people not understand about your business?<\/strong> That they should not pre-diagnose themselves and head straight to a specialist. They need a long-term relationship with a family doctor who they visit whenever they have a medical need. Family physicians can diagnose and treat 70-80% of any issues you have.<\/p>\n<p><strong>This is a time of intense change in the healthcare industry. <\/strong>You\u2019re already starting to see consolidation in tertiary care and diagnostics \u2014 less so in outpatient, but it will happen. The sector is just so fragmented. There\u2019s a shift from being doctor-led to brand-led. There\u2019s a growing focus on convenience, patient safety and outcomes. The universal healthcare act will take 15-20 years to roll out across Egypt, but it will bring change \u2014 and it is anyone\u2019s guess how, exactly, the private sector fits into all of that. And, of course, there\u2019s how tech will change our industry whether that\u2019s in record keeping, AI, wearables or telemedicine.<\/p>\n<p><strong>I believe in the power of brands.<\/strong><\/p>\n<p><strong>I stay organized with lists, lists, lists and more lists.<\/strong> The typical problem of having to handle urgent rather than more important matters is something that I still need to learn.<\/p>\n<p><strong>The best piece of business advice I\u2019ve been given? Can I cite two?<\/strong> Medhat Khalil taught me that a \u201cgood manager makes themselves dispensable.\u201d Build a team that is younger and more intelligent than you are and who can do the job better. It requires a lot of self-confidence to do this, but the long-term payoff is incalculable \u2014 you\u2019re no longer just running the business, but have the freedom yourself to create and achieve new things.<\/p>\n<p><strong>The other is from Omar Samra<\/strong>, if you can call it business advice: It was at a talk he gave about his Everest summit climb: \u201cJust take one more step.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/healthcare\/\">healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/my-morning-routine\/\">MY MORNING ROUTINE<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"621980\" 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=\"621980\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/621980\/\">\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\/22\/621980\/\" 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\/22\/621980\/')\">\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\/22\/621980\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=&url=https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/621980\/\">\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\/22\/621980\/&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%2F22%2F621980%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\/22\/621980\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621980\" class=\"content-area-description single-story post-621980 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> (Wednesday): 13,731 (-1.3%)<br \/>\n <strong>Turnover:<\/strong> EGP 980 mn (28% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -8.6%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended yesterday\u2019s session down 1.3%. CIB, the index heaviest constituent ended down 2.4%. EGX30\u2019s top performing constituents were Porto Group up 9.3%, and Juhayna up 4.8%, and Pioneers Holding up 1.8%. Yesterday\u2019s worst performing stocks were Heliopolis Housing down 4.0%, Ezz Steel down 2.7%. The market turnover was EGP 980 mn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -34.0 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -60.8 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +94.8 mn<\/p>\n<p><strong>Retail<\/strong>: 53.1% of total trades | 57.2% of buyers | 49.0% of sellers<br \/>\n <strong>Institutions<\/strong>: 46.9% of total trades | 42.8% of buyers | 51.0% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 54.64 (+2.26%)<br \/>\n <strong>Brent:<\/strong> USD 63.48 (+1.52%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 4.45 MMBtu, (-1.57%, December 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,226.70\/ troy ounce (+0.45%)<br \n<\/p>\n<p><strong>TASI:<\/strong> 7,514.36 (+0.13%) (YTD: +3.99%)<br \/>\n <strong>ADX:<\/strong> 4,970.88 (-0.40%) (YTD: +13.01%)<br \/>\n <strong>DFM:<\/strong> 2,756.69 (+0.24%) (YTD: -18.20%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,266.27 (-0.08%)<br \/>\n <strong>QE:<\/strong> 10,292.82 (+0.24%) (YTD: +20.76%)<br \/>\n <strong>MSM:<\/strong> 4,453.30 (+0.03%) (YTD: -12.67%)<br \/>\n <strong>BB: <\/strong>1,314.39 (+0.60%) (YTD: -1.30%)<\/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=\"621981\" 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\/22\/621981\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-621981\" class=\"content-area-description single-story post-621981 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>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): <a href=\"http:\/\/cairoict.com\/\">22nd Cairo ICT<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>26-28 November (Monday-Wednesday): <a href=\"http:\/\/aidmo.org\/armining\/\">15th Arab International Mineral Resources Conference<\/a>, <a href=\"https:\/\/nc-iec.com\/\">Al Manara International Conference Center<\/a>, Cairo, Egypt.<\/p>\n<p>03 December (Monday) <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/11\/CCIFE-SEMINAR-ON-CONSUMER-FINANCE.pdf\">Consumer Finance Landscape-New Law in the Making<\/a>, Fairmont Hotel Nile City, Magenta ballroom, Cairo, Egypt<\/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":621940,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-621939","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"21fa378f-4bf7-45ad-8858-e31151073981","teaser":"","photo_url":"https:\/\/ent.news\/2017\/9\/2016.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>Gov\u2019t puts banks\u2019 t-bill profits in spotlight - EnterpriseAM 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