{"id":624957,"date":"2018-09-24T04:31:56","date_gmt":"2018-09-24T04:31:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=624957"},"modified":"2025-12-17T08:20:17","modified_gmt":"2025-12-17T08:20:17","slug":"hungry-treasury-eyes-billboards-cell-towers","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/hungry-treasury-eyes-billboards-cell-towers\/","title":{"rendered":"Hungry treasury eyes billboards, cell towers"},"content":{"rendered":"<section id=\"624959\" 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=\"624959\">\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\/09\/24\/what-were-tracking-on-24-september-2018\/\">\r\n                            What we\u2019re tracking on 24 September 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\/09\/24\/what-were-tracking-on-24-september-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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An auction yesterday saw yields on 91-day bills rise to 19.62% from 19.43%, while yields at the nine-month auction rose to 19.84% from 19.75% previously. The Finance Ministry has called off three treasury bond auctions this month as a result of soaring yields amid a wider emerging market sell-off.<\/p><p><strong>The higher yields have not put a damper on Egypt\u2019s sale of debt instruments<\/strong>, Finance Minister Mohamed Maait <a href=\"https:\/\/www.almalnews.com\/Story\/390707\/14\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D9%84%D9%80--%D8%A7%D9%84%D9%85%D8%A7%D9%84-%D9%84%D8%AF%D9%8A%D9%86%D8%A7-%D8%A8%D8%AF%D8%A7%D8%A6%D9%84-%D9%84%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%AA%D8%B3%D9%85%D8%AD-%D8%A8%D8%B9%D8%AF%D9%85-%D9%82%D8%A8%D9%88%D9%84-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D9%81%D8%A7%D8%A6%D8%AF%D8%A9-%D9%85%D8%B1%D8%AA%D9%81%D8%B9%D8%A9\">tells Al Mal<\/a>. The call-off of three auctions is an indication that the state is not being forced to accept investors\u2019 demands for yields beyond \u201clogical limits,\u201d the minister said.<\/p><p><strong>UK Trade Envoy Sir Jeffrey Donaldson is in Cairo <\/strong>with a delegation of unnamed British companies eyeing investments in the finance, technology, education, health, and other \u201cfuture-focused\u201d sectors, <a href=\"https:\/\/www.facebook.com\/ukinegypt\/photos\/a.132760283421651\/2043911855639808\/?type=3&amp;theater\">according to a statement from the British Embassy in Cairo<\/a>. It\u2019s Donaldson\u2019s eighth visit to Egypt in two years. Sir Jeffrey will meet with the ministers of finance, public enterprises, health, oil, planning, and electricity while in town.<\/p><p><strong>El Sisi discusses EU migration pact? <\/strong>President Abdel Fattah El Sisi, in New York for the UN General Assembly, met yesterday with European Council President Donald Tusk and Austrian Chancellor Sebastian Kurz to discuss Egypt\u2019s efforts to stem illegal migration, according to <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/479885999197452\">an Ittihadiya statement<\/a>. The sit-down comes just days after Kurz nudged his EU counterparts to begin formal talks with Egypt on expanding cooperation on migration and potentially reaching a Turkey-style assistance pact, <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/23\/egypt-edges-one-step-closer-to-eu-migration-pact-as-officials-agree-to-begin-formal-talks\/\">as we noted yesterday<\/a>. El Sisi also met yesterday with the UAE\u2019s foreign minister, <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/479858575866861\">according to an Ittihadiya statement<\/a>.<\/p><p><strong>The president is expected to meet with US President Donald Trump this week. <\/strong>The sit-down will be the first between the two presidents since El Sisi won a second term \u2014 and since the Trump administration normalized <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/26\/us-releases-usd-195-mn-in-military-aid-to-egypt\/\">annual military aid to Egypt<\/a>. El Sisi is also expected to meet with US business leaders and to hold talks on the sidelines with German Chancellor Angela Merkel and French President Emmanuel Macron as well as with the leaders of Israel, Britain, France, South Korea and Japan. Foreign Minister Sameh <a href=\"https:\/\/www.facebook.com\/MFAEgyptEnglish\/posts\/2204617423199168?__xts__%5b0%5d=68.ARDNtiTV2ClAxzEb_9k0P-6e8viQmnOY9Np2vUqWhKngVpxHAP_4rLY2fUu35CwQurEXziY5KPheIqQ8l0tRnDybVkDtRrSLJfrzhbQuuEA6mrT7gsmNNWZzZU0oUmXymTwyd-EcNtWJYib4jr7q9L2zLYEKOSeF9Ctm-PX9dkw513EPAYXTpA&amp;__tn__=K-R\">Shoukry is also in New York<\/a> and has met with UNDP administrator Achim Steiner as well as his <a href=\"https:\/\/www.youm7.com\/story\/2018\/9\/23\/%D8%A7%D9%84%D8%AE%D8%A7%D8%B1%D8%AC%D9%8A%D8%A9-%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D8%AA%D8%B4%D8%A7%D9%88%D8%B1%D9%89-%D8%A8%D9%8A%D9%86-%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D8%AE%D8%A7%D8%B1%D8%AC%D9%8A%D8%A9-%D9%85%D8%B5%D8%B1-%D9%88%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D9%88%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D9%88%D8%A7%D9%84%D8%A8%D8%AD%D8%B1%D9%8A%D9%86\/3962352\">counterparts<\/a> from Saudi Arabia, the UAE and Kuwait.<\/p><p><a id=\"tldr-story-06\" class=\"content-anchor\"><\/a> <strong>**#3<\/strong> <strong>You are forewarned: The House is due back in session next week.<\/strong> President Abdel Fattah El Sisi issued yesterday a decree calling the House of Representatives back into session for its fall term on Tuesday, 2 October at 10am, <a href=\"http:\/\/gate.ahram.org.eg\/News\/2015010.aspx\">Ahram Gate reports<\/a>. The House is looking at a stacked legislative agenda for its fourth session, but will prioritize the Local Administration Act, Criminal Procedures Act, and the new Social Security and Pensions Act, spokesman Salah Hasaballah said yesterday, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=23092018&amp;id=bef29bf8-173d-4b19-acbc-66de672bad87\">according to Al Shorouk<\/a>.<\/p><p><strong>House Speaker Ali Abdel Aal is celebrating his final days of freedom with a jaunt to Ireland<\/strong>,where he will meet with Irish legislators, <a href=\"http:\/\/gate.ahram.org.eg\/News\/2015066.aspx\">reports Ahram Gate<\/a>.<\/p><p><a id=\"tldr-story-02\" class=\"content-anchor\"><\/a> <strong>**#2<\/strong> <strong>Actis has apparently landed the right to manage Abraaj\u2019s Africa funds<\/strong>, the <a href=\"https:\/\/www.ft.com\/content\/fee7ddfe-bf33-11e8-95b1-d36dfef1b89a\">Financial Times<\/a> claims, citing an email sent to Abraaj staff that reportedly says liquidators chose <a href=\"https:\/\/www.act.is\/\">the EM private equity specialist<\/a> because of the \u201clevel of on the ground diligence undertaken, flexibility in their approach and immediate working capital support.\u201d <strong>Colony Capital<\/strong> is apparently in line to take over Abraaj\u2019s Latin American funds, while <strong>Canada\u2019s Brookfield Asset Management<\/strong> could take the Turkish fund and <strong>Abu Dhabi Financial Group <\/strong>is still gunning for \u201clegacy\u201d Mideast assets. \u201cThe liquidators\u2019 attempts to sell Abraaj Investment Management Limited, the group\u2019s funds platform, have floundered amid resistance from investors,\u201d the FT adds, noting that, \u201c<strong>Actis could become a sub-manager for a broader range of Abraaj funds<\/strong> on behalf of investors pending the completion of due diligence, people aware of the matter said. Liquidators are finalising documentation before limited partners (LPs), the fund investors, are asked to approve the transfer of the management rights away from Abraaj.\u201d<\/p><p><strong>You know (of) Actis even if you\u2019re not in PE.<\/strong> The company\u2019s North African investments include LSE-traded, Cairo-headquartered consumer healthcare multinational <strong>IDH<\/strong>. Former portfolio companies include snackfoods giant <strong>Edita<\/strong>, fast-food chain <strong>Mo\u2019men<\/strong> and halawa and tahina maker <strong>Rashidi El Mizan<\/strong>. <a href=\"https:\/\/www.act.is\/about-actis\/our-portfolio\/\">You can explore Actis\u2019 portfolio here<\/a>.<\/p><p><strong>\u201cNew\u201d OPIC could have USD 60 bn lending ceiling to counter Chinese \u201ceconomic warfare\u201d: <\/strong>Readers will recall we have <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/09\/what-were-tracking-on-9-august-2018\/\">previously noted<\/a> the Trump administration intends to beef up OPIC, the US Overseas Private Investment Corporation, a development finance agency it now sees as crucial to a \u201ccommercial diplomacy\u201d bid to outgun China. The <a href=\"https:\/\/www.ft.com\/content\/40d7eee4-bdc1-11e8-94b2-17176fbf93f5\">Financial Times<\/a> is now back on the story, quoting OPIC\u2019s president and CEO as saying that the new agency will be able to \u201cinvest up to USD 60 bn in the developing world in an effort to counter what some in Washington describe as China\u2019s use of debt to wage \u2018economic warfare.\u2019\u201d Legislation to create the proposed <strong>International Development Finance Corporation <\/strong>has reportedly been \u201csold to the president.\u201d Backers hope the so-called Build Act (Better Utilization of Investments Leading to Development), which passed the US House of Representatives in August, will pass the Senate before midterm elections in November.<\/p><p><strong>Should you care?<\/strong> Only if you run a bank or need to close and infrastructure project and could use a few extra bn in financing. <a href=\"https:\/\/www.opic.gov\/\">OPIC<\/a> has previously backed or proposed backing <a href=\"https:\/\/www.businesswire.com\/news\/home\/20111109006570\/en\/OPIC-Board-Approves-150-Million-Investment-Egypt\">Qalaa Holdings (back in 2011)<\/a>, oil and gas player <a href=\"https:\/\/www.opic.gov\/opic-action\/featured-projects\/middle-east-north-africa\/apache-corp-developing-oil-and-gas-egypt-help-opic-political-risk-insuran\">Apache<\/a>, <a href=\"https:\/\/www.opic.gov\/sites\/default\/files\/files\/9000032263.pdf\">CIB<\/a>, Carbon Holdings\u2019 <a href=\"https:\/\/www.opic.gov\/sites\/default\/files\/files\/tahrir-public-info-summary.pdf\">Tahrir Petrochemicals Corporation<\/a> and <a href=\"https:\/\/www.opic.gov\/sites\/default\/files\/SME%20loan%20guaranty%20facility%20in%20Egypt%20and%20Jordan.pdf\">microfinance players<\/a>, among others.<\/p><p><strong>Expect oil at around USD 80 for a while to come. <\/strong>Crude inched up again yesterday as Washington prepares to implement new sanctions on Iranian oil as early as next week, <a href=\"https:\/\/www.reuters.com\/article\/us-global-oil\/oil-rises-as-markets-tighten-ahead-of-iran-sanctions-idUSKCN1M401E?il=0\">Reuters reports<\/a>. \u201cOPEC producers largely agree that <strong>oil prices above USD 80 a barrel would be too high<\/strong>. But there is widespread disagreement on how the cartel and its allies should contain crude prices,\u201d the <a href=\"https:\/\/www.wsj.com\/articles\/oil-producers-signal-confidence-in-managing-supply-disruptions-1537698598\">Wall Street Journal<\/a> adds in its wrap-up of a meeting in Algiers yesterday between OPEC members and non-member producers. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-09-23\/saudi-russia-reassurance-on-oil-supply-lacks-solid-guarantees?srnd=premium-middle-east\">Producers were reportedly lukewarm<\/a> to The Donald\u2019s demand that they ramp up production to reduce prices.<\/p><p><strong>It\u2019s Domesday for US equities, and you have the tech sector to thank. <\/strong>There might just be hyperbole running through that statement, but it\u2019s not ours: It\u2019s the theme running through one end of the international business press, with both <a href=\"https:\/\/www.businessinsider.com\/next-stock-market-crash-perfect-storm-of-bearishness-is-brewing-2018-9\">Business Insider<\/a> and <a href=\"https:\/\/www.cnbc.com\/2018\/09\/21\/3-billion-money-manager-sees-troubling-trend-in-record-rally.html\">CNBC<\/a> tipping suggestions that a <strong>\u201cperfect storm\u201d is brewing in stocks<\/strong>. What gives? An analyst\u2019s report noting that \u201c42% of the S&amp;P 500's gains since the stock market's correction in early February\u201d is accounted for by tech and tech-led shares such as Apple, Amazon, Netflix, Facebook, Alphabet, Microsoft, Google, Visa, and Mastercard.<\/p><p>It\u2019s only fitting that this kind of talk should surface on the second day of autumn \u2014 the Wall Street Journal reminds us that \u201c<a href=\"https:\/\/www.wsj.com\/articles\/to-every-thing-there-is-a-season-but-your-portfolio-shouldnt-turn-1537542045\"><strong>Some of the worst days in Wall Street\u2019s history<\/strong><\/a><strong> have hit during September and October<\/strong>. But that\u2019s no reason to panic.\u201d<\/p><p><strong>In miscellany this morning:<\/strong><\/p><ul>\n<li><strong>Of insurance and totalitarianism: <\/strong>A top US insurer will soon start to sell you only if you agree to track fitness and health data through wearable devices and smartphones. (<a href=\"https:\/\/www.reuters.com\/article\/us-manulife-financi-john-hancock-lifeins\/strap-on-the-fitbit-john-hancock-to-sell-only-interactive-life-insurance-idUSKCN1LZ1WL\">Reuters<\/a>)<\/li>\n<li><strong>Do <\/strong><a href=\"https:\/\/www.nytimes.com\/2018\/09\/21\/dining\/lobsters-marijuana-cooking-restaurant.html\"><strong>stoned lobsters<\/strong><\/a><strong> feel pain?<\/strong> Do octopuses (octopi? octopodes?) really <a href=\"https:\/\/bgr.com\/2018\/09\/20\/octopus-mdma-ecstasy-drug-study\/\">get happy on ecstasy<\/a>?<\/li>\n<li><strong>Google\u2019s fall event is coming up on 3 October<\/strong>, and <a href=\"https:\/\/www.businessinsider.com\/new-google-chromebook-tablet-pixel-3-home-hub-leak-ahead-october-event-2018-9\">there are plenty of leaks to ponder<\/a>. We\u2019re unabashed iSheep. We also like stock Android very much, having owned Nexus and Pixel devices and flashed ROMs onto both a Samsung S4 and an HTC One because the Google Play Edition was not available domestically.<\/li>\n<\/ul><p><strong>Egypt, Algeria, and Morocco have a lower rate of criminal violence<\/strong> than counterpart cities in the West, according to a <a href=\"http:\/\/www.unodc.org\/documents\/southasia\/webstories\/IndiaAVA_IB2_2011_Mapping_Murder_1.pdf\">UN Office on Drugs and Crime report (pdf)<\/a> picked up by the <a href=\"https:\/\/www.wsj.com\/articles\/murder-by-the-numbers-1537476801?mod=searchresults&amp;page=1&amp;pos=5\">Wall Street Journal<\/a>. Just sayin\u2019.<\/p><p><strong>PSA #1- Expect cloudy skies and, possibly, \u201csomewhat heavy\u201d rainfall in coastal cities <\/strong>for the balance this week, says Egyptian weather office boss Ahmed Abdel Aal, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1326083\">according to Al Masry Al Youm<\/a>.<\/p><p><strong>PSA #2- 60k gov\u2019t schools are back in session. <\/strong>God grant us all patience on the roads this morning.<\/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\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    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class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/el-sisis-unga-visit-continues-to-dominate-talking-heads-agendas\/\">\r\n                            El Sisi\u2019s UNGA visit continues to dominate talking heads\u2019 agendas                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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          LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi%E2%80%99s+UNGA+visit+continues+to+dominate+talking+heads%E2%80%99+agendas+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fel-sisis-unga-visit-continues-to-dominate-talking-heads-agendas%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\/09\/24\/el-sisis-unga-visit-continues-to-dominate-talking-heads-agendas\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624961\" class=\"content-area-description single-story post-624961 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>President Abdel Fattah El Sisi\u2019s visit to New York for the UN General Assembly<\/strong> continued to dominate the conversation on the airwaves last night.<\/p>\n<p><strong>Journalists on the ground in New York called in to recap the president\u2019s visits yesterday<\/strong> (we have the details in What We\u2019re Tracking Today, above), but provided little by way of analysis (<a href=\"https:\/\/www.youtube.com\/watch?v=s8b8kT6rmaw\">watch, runtime: 6:46<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=VRx4Erai4kU\">runtime: 12:11<\/a>). Former Assistant Foreign Minister Mohamed Hegazy noted that El Sisi\u2019s time in the US should be positive for investment in Egypt, as he is due to meet with American businessmen and investors (<a href=\"https:\/\/www.youtube.com\/watch?v=t_EECpBmTmo\">watch, runtime: 9:15<\/a>).<\/p>\n<p>Also highly anticipated is <strong>El Sisi\u2019s scheduled meeting with US President Donald Trump<\/strong>, El Hekaya\u2019s Amr Adib said (<a href=\"https:\/\/www.youtube.com\/watch?v=4qsA9hhkTaM\">watch, runtime: 1:51<\/a>).<\/p>\n<p>Masaa DMC had a chat with former <strong>US national security advisor Robert McFarlane<\/strong>, who had plenty of praise for Egypt\u2019s efforts to fight terrorism, and stressed the importance of supporting Egypt\u2019s economic recovery (<a href=\"https:\/\/www.youtube.com\/watch?v=288lOaeaksk\">watch, runtime: 37:33<\/a>).<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>**#8<\/strong> <strong>Welcome to amateur hour. <\/strong>(Or: Why you should never trust anyone other than Lamees El Hadidy to talk about the economy on the airwaves). Hona Al Asema featured last night one of the most insipid, ham-handed discussions of the economy we\u2019ve sat through in ages \u2014 and that\u2019s saying something.<\/p>\n<p><strong>On the subject of whether there\u2019s a bubble forming in the real estate market<\/strong>, ARDIC CEO Ashraf Dowidar argued that that\u2019s \u201cnot necessarily\u201d the case, adding that he sees real estate prices continuing on an upwards trajectory as long as FX rates remain at their current levels. The head of the Federation of Egyptian Industries\u2019 real estate division, Tarek Shokr, also sees the sector as \u201cstrong and stable,\u201d as is evidenced by (wait for it) its sizeable contribution to the country\u2019s GDP. Economist Abeer Rashdan, meanwhile, is concerned that the real estate sector is somehow growing faster than other sectors that \u201cbetter serve\u201d the economy (<a href=\"https:\/\/www.youtube.com\/watch?v=XEcS8anHQlU\">watch, runtime: 13:33<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=HYLSL7xq0Ec\">runtime: 10:20<\/a>).<\/p>\n<p>(<strong>Not that the depth of reporting on the web is any better: <\/strong>The real estate sector is bouncing back from the challenges it faced post the float of the EGP and is poised for further growth, <a href=\"http:\/\/businessweekme.com\/egypts-real-estate-sector-goes-into-growth-mode\/\">Bloomberg Businessweek\u2019s Middle East Edition says<\/a>. The sources? An Oxford Business Group analyst and a 1Q2018 Jones Lang LaSalle report that together declare that real estate has retained its position as one of Egypt\u2019s fastest-growing industries despite the pains of fiscal and policy reforms. <strong>Caveat lector: <\/strong>The Middle East edition of Bloomberg Businessweek appears to be a licensed publication, written and edited by folks other than the good people who bring you the business information service\u2019s terminals, websites and the principal edition of Bloomberg Businessweek.)<\/p>\n<p><strong>Meanwhile: Prime Minister Mostafa Madbouly visited Assiut yesterday<\/strong>, during which he visited several informal settlements, schools, and hospitals. The prime minister \u2014 who also remains the housing minister \u2014 spoke on access to clean water and sanitation, according to Hona Al Asema\u2019s correspondent (<a href=\"https:\/\/www.youtube.com\/watch?v=5nxDj4XjYg8\">watch, runtime: 6:45<\/a>). Madbouly also ordered the relocation of an organic fertilizers plant away from residential areas, Assiut Governor Gamal Nour El Din told Al Hayah fi Masr (<a href=\"https:\/\/www.youtube.com\/watch?v=aIG2OvbK7sc\">watch, runtime: 6:42<\/a>).<\/p>\n<p><strong>All of the woes attendant to the first day of school<\/strong> were hot topics for several talking heads, including Hona Al Asema\u2019s Reham Ibrahim (<a href=\"https:\/\/www.youtube.com\/watch?v=lDX60p-9yzU\">watch, runtime: 48:21<\/a>), El Hekaya\u2019s Amr Adib (<a href=\"https:\/\/www.youtube.com\/watch?v=RKQ1a-sRPmU\">watch, runtime: 1:41<\/a>), and Masaa DMC\u2019s Eman Al Hosary (<a href=\"https:\/\/www.youtube.com\/watch?v=cEmwfBPd8c4\">watch, runtime: 5:36<\/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\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624962\" 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=\"624962\">\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\/09\/24\/govt-looks-to-collect-real-estate-taxes-on-billboards-cell-phone-towers\/\">\r\n                            Gov\u2019t looks to collect real estate taxes on billboards, cell phone towers                        <\/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\/09\/24\/govt-looks-to-collect-real-estate-taxes-on-billboards-cell-phone-towers\/\" 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\/09\/24\/govt-looks-to-collect-real-estate-taxes-on-billboards-cell-phone-towers\/')\">\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\/09\/24\/govt-looks-to-collect-real-estate-taxes-on-billboards-cell-phone-towers\/\">\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=Gov\u2019t looks to collect real estate taxes on billboards, cell phone towers&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/govt-looks-to-collect-real-estate-taxes-on-billboards-cell-phone-towers\/\">\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\/09\/24\/govt-looks-to-collect-real-estate-taxes-on-billboards-cell-phone-towers\/&title=Gov\u2019t looks to collect real estate taxes on billboards, cell phone towers\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+looks+to+collect+real+estate+taxes+on+billboards%2C+cell+phone+towers+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fgovt-looks-to-collect-real-estate-taxes-on-billboards-cell-phone-towers%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\/09\/24\/govt-looks-to-collect-real-estate-taxes-on-billboards-cell-phone-towers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624962\" class=\"content-area-description single-story post-624962 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>**#1<\/strong> <strong>EXCLUSIVE- Hungry treasury looks to collect real estate taxes on billboards, cell phone towers:<\/strong> The government is looking to step up its collection of real estate taxes payable on sites used for billboards and mobile network towers, a government source tells Enterprise. The Tax Authority is currently conducting a sweep of the country\u2019s towers and billboards, which will be treated as real estate and subjected to a tax equivalent to 10% of their rent value. The levy will be payable retroactively until 2013. The move comes as the Finance Ministry is working to meet its budget deficit target in part by ensuring \u201censuring the state gets what it is owed,\u201d a government source told us earlier this week. <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/23\/it-looks-like-were-not-quite-going-to-make-our-deficit-target\/\">As we noted yesterday<\/a>, the Finance Ministry is on track to revise its budget deficit target for FY2018-19 to 8.6%, up from an original forecast of 8.4%, thanks to high oil prices and rising US interest rates.<\/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\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624970\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624971\" 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=\"624971\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Up Next<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/what-were-tracking-this-week-and-beyond-93\/\">\r\n                            What we\u2019re tracking this week and beyond                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/what-were-tracking-this-week-and-beyond-93\/\" 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\/09\/24\/what-were-tracking-this-week-and-beyond-93\/')\">\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\/09\/24\/what-were-tracking-this-week-and-beyond-93\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking this week and beyond&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/what-were-tracking-this-week-and-beyond-93\/\">\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\/09\/24\/what-were-tracking-this-week-and-beyond-93\/&title=What we\u2019re tracking this week and beyond\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+and+beyond+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fwhat-were-tracking-this-week-and-beyond-93%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\/09\/24\/what-were-tracking-this-week-and-beyond-93\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624971\" class=\"content-area-description single-story post-624971 post type-post status-publish format-standard hentry category-up-next tag-enterpriseam tag-up-next wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The African Development Bank (AfDB) will reportedly disburse the third and final USD 500<\/strong> mn tranche of a USD 1.5 bn loan to Egypt \u201cwithin days.\u201d<\/p>\n<p><strong>The <\/strong><a href=\"https:\/\/www.ecommsummit.co\/\"><strong>E-Commerce Summit in Egypt<\/strong><\/a> takes place this Wednesday.<\/p>\n<p><strong>The Egyptian-Sudanese ministerial committee will meet at the end of this month<\/strong> ahead of a presidential summit set to be held in Khartoum in October.<\/p>\n<p><strong>The Egypt-Romania business council will meet in Bucharest from 7-11 October, <\/strong><a href=\"http:\/\/www.almalnews.com\/Story\/388484\/14\/%D8%A7%D9%84%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%89-%D8%A7%D9%84%D8%B1%D9%88%D9%85%D8%A7%D9%86%D9%89-%D9%8A%D9%86%D8%B8%D9%85-%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9%D9%8B%D8%A7-%D8%AA%D8%AD%D8%B6%D9%8A%D8%B1%D9%8A%D9%8B%D8%A7-%D9%84%D8%AF%D9%88%D8%B1%D8%AA%D9%87-%D8%A7%D9%84%D8%B3%D8%A7%D8%A8%D8%B9%D8%A9\">according to Al Mal<\/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\/up-next\/\">Up Next<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624972\" 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=\"624972\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/yemens-aden-port-never-recovered-from-the-1967-israel-egypt-war\/\">\r\n                            Yemen\u2019s Aden port never recovered from the 1967 Israel-Egypt war                        <\/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\/09\/24\/yemens-aden-port-never-recovered-from-the-1967-israel-egypt-war\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n               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1967 Israel-Egypt war&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/yemens-aden-port-never-recovered-from-the-1967-israel-egypt-war\/\">\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\/09\/24\/yemens-aden-port-never-recovered-from-the-1967-israel-egypt-war\/&title=Yemen\u2019s Aden port never recovered from the 1967 Israel-Egypt war\">\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=Yemen%E2%80%99s+Aden+port+never+recovered+from+the+1967+Israel-Egypt+war+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fyemens-aden-port-never-recovered-from-the-1967-israel-egypt-war%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\/09\/24\/yemens-aden-port-never-recovered-from-the-1967-israel-egypt-war\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2310.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"624973\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/yemens-aden-port-never-recovered-from-the-1967-israel-egypt-war\/2310-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2310.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2310.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2310.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2310.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624972\" class=\"content-area-description single-story post-624972 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Yemen\u2019s Aden port never recovered from the 1967 Egypt-Israel war: <\/strong>Before the war, the port of Aden was booming: \u201cRestaurants were full, and the docks busy. Workers chewed khat, turning their mouths blood red as cargo ships anchored in port, some on their way to Europe. The ancient city had been a bustling hub for millennia,\u201d <a href=\"https:\/\/www.ozy.com\/flashback\/how-a-war-in-egypt-sank-yemens-once-bustling-port\/89431\">says OZY<\/a>. But as the Suez Canal remained blocked from the start of the war and until 1975, Aden lost its prominent position along the coastline. Competitors \u201cfrom Djibouti to Dubai\u201d swooped in to replace it as the long-distance port of choice for ships taking that route, preventing the once-bustling port from ever making a full recovery. \u201cToday, Aden is in exceptionally dire straits,\u201d with a civil war killing thousands as it rages on.<\/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\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624974\" 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=\"624974\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/court-issues-fresh-life-sentence-against-ikhwan-leaders-87-others\/\">\r\n                            Court issues fresh life sentence against Ikhwan leaders, 87 others                        <\/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\/09\/24\/court-issues-fresh-life-sentence-against-ikhwan-leaders-87-others\/\" 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\/09\/24\/court-issues-fresh-life-sentence-against-ikhwan-leaders-87-others\/')\">\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\/09\/24\/court-issues-fresh-life-sentence-against-ikhwan-leaders-87-others\/\">\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=Court issues fresh life sentence against Ikhwan leaders, 87 others&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/court-issues-fresh-life-sentence-against-ikhwan-leaders-87-others\/\">\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\/09\/24\/court-issues-fresh-life-sentence-against-ikhwan-leaders-87-others\/&title=Court issues fresh life sentence against Ikhwan leaders, 87 others\">\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=Court+issues+fresh+life+sentence+against+Ikhwan+leaders%2C+87+others+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fcourt-issues-fresh-life-sentence-against-ikhwan-leaders-87-others%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\/09\/24\/court-issues-fresh-life-sentence-against-ikhwan-leaders-87-others\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624974\" class=\"content-area-description single-story post-624974 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>An Egyptian court on Sunday sentenced former Ikhwan leader Mohammed Badie and 87 others to life in prison<\/strong> over violence in Minya in 2013, <a href=\"https:\/\/ara.reuters.com\/article\/topNews\/idARAKCN1M30KW\">judicial sources told Reuters\u2019 Arabic service<\/a>. Dozens tried for the same case received sentences ranging from 2-15 years, while 463 others were acquitted, the sources said. Sunday\u2019s verdict, which can be appealed, is the latest in a string of life sentences handed down to Badie since he was arrested following the ouster of Mohamed Morsi in 2013. <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/13\/mohammed-badie-and-four-others-sentenced-to-life-in-prison\/\">Just last month<\/a>, the 75-year-old was given a life sentence on charges related to the killing of seven people in 2013.<\/p>\n<p><strong>The story is topping coverage of Egypt in the foreign press<\/strong> this morning, with the <a href=\"https:\/\/wsvn.com\/news\/us-world\/egypt-court-sentences-65-people-over-2013-violence\/\">Associated Press<\/a> and <a href=\"http:\/\/www.thejournal.ie\/terror-attack-police-station-egypt-4250593-Sep2018\/\">AFP<\/a> among those taking note.<\/p>\n<p><strong>Egyptian-American Moustafa Kassem sent a letter to The Donald pleading for release from an Egyptian prison, <\/strong><a href=\"https:\/\/abcnews.go.com\/Politics\/exclusive-jailed-americans-desperate-plea-letters-trump-pence\/story?id=57914027\">ABC news reports<\/a>. Kassem is among those serving jail-time over the Rabaa Al Adawiya sit-in. He has been in detention since 2013 and was sentenced to 10 years in prison at <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/09\/egypt-court-sentences-75-to-death-hundreds-to-jail-over-rabaa-sit-in\/\">this month\u2019s court hearing<\/a>. The story has also been picked up by<a href=\"https:\/\/thehill.com\/blogs\/blog-briefing-room\/news\/407401-american-in-egyptian-prison-pleads-to-trump-pence-i-pray-that\">The Hill<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624975\" 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=\"624975\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/women-led-car-wash-service-challenges-social-norms\/\">\r\n                            Women-led car wash service challenges social norms:                        <\/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\/09\/24\/women-led-car-wash-service-challenges-social-norms\/\" 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\/09\/24\/women-led-car-wash-service-challenges-social-norms\/')\">\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\/09\/24\/women-led-car-wash-service-challenges-social-norms\/\">\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=Women-led car wash service challenges social norms:&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/women-led-car-wash-service-challenges-social-norms\/\">\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\/09\/24\/women-led-car-wash-service-challenges-social-norms\/&title=Women-led car wash service challenges social norms:\">\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=Women-led+car+wash+service+challenges+social+norms%3A+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fwomen-led-car-wash-service-challenges-social-norms%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\/09\/24\/women-led-car-wash-service-challenges-social-norms\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2240.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"624976\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/women-led-car-wash-service-challenges-social-norms\/2240-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2240.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2240.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2240.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2240.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624975\" class=\"content-area-description single-story post-624975 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Women-led car wash service challenges social norms:<\/strong> The two Egyptian women who decided to breach the male-dominated market of car washes are not just earning their living, but also challenging social norms, <a href=\"http:\/\/www.africanews.com\/2018\/09\/20\/egypt-women-defying-odds-washing-cars-business-africa\/\">according to Africa News<\/a>. As the owners of Egypt\u2019s first female-led car wash, Mona Kola and Dalia Sweillam, are hoping to grow their business in the future and plan to hire a full woman-only staff as they expand (<a href=\"http:\/\/www.africanews.com\/2018\/09\/20\/egypt-women-defying-odds-washing-cars-business-africa\/\">watch, runtime: 3:10<\/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\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624977\" 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=\"624977\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/egypt-presents-new-reconciliation-plan-to-hamas\/\">\r\n                            Egypt presents new reconciliation plan to Hamas                        <\/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\/09\/24\/egypt-presents-new-reconciliation-plan-to-hamas\/\" 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\/09\/24\/egypt-presents-new-reconciliation-plan-to-hamas\/')\">\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\/09\/24\/egypt-presents-new-reconciliation-plan-to-hamas\/\">\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 presents new reconciliation plan to Hamas&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/egypt-presents-new-reconciliation-plan-to-hamas\/\">\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\/09\/24\/egypt-presents-new-reconciliation-plan-to-hamas\/&title=Egypt presents new reconciliation plan to Hamas\">\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+presents+new+reconciliation+plan+to+Hamas+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fegypt-presents-new-reconciliation-plan-to-hamas%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\/09\/24\/egypt-presents-new-reconciliation-plan-to-hamas\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624977\" class=\"content-area-description single-story post-624977 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>An Egyptian security delegation has reportedly presented Hamas officials with new proposed measures for reconciliation with Fatah <\/strong>during a meeting in Gaza on Saturday, the <a href=\"http:\/\/www.alhayat.com\/article\/4604130\/%D8%B3%D9%8A%D8%A7%D8%B3%D8%A9\/%D8%A7%D9%84%D8%B9%D8%B1%D8%A8\/%D9%85%D8%A8%D8%A7%D8%AF%D8%B1%D8%A9-%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D9%85%D8%B9%D8%AF%D9%84%D8%A9-%D9%84%D9%84%D9%85%D8%B5%D8%A7%D9%84%D8%AD%D8%A9-%D8%A7%D9%84%D9%81%D9%84%D8%B3%D8%B7%D9%8A%D9%86%D9%8A%D8%A9\">London-based Al-Hayat reported yesterday<\/a>. Among the suggestions was a public endorsement from Hamas for Palestinian President Mohamed Abbas ahead of the UN General Assembly meeting this week, which Hamas has refused to do. The delegation, which is said to include a number of high-ranking security and intelligence officials, heads to Ramallah next for meetings with Fatah. Egypt has been trying to mediate talks between both rivaling Palestinian factions, as well as between Hamas and Israel in an effort to de-escalate rising tensions and prepare for wider Arab-Israeli peace talks.<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624980\" 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=\"624980\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/oil-ministry-agrees-with-iocs-to-expedite-work-on-zohr-9b-north-alexandria-fields\/\">\r\n                            Oil Ministry agrees with IOCs to expedite work on Zohr, 9B, North Alexandria fields                        <\/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\/09\/24\/oil-ministry-agrees-with-iocs-to-expedite-work-on-zohr-9b-north-alexandria-fields\/\" 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\/09\/24\/oil-ministry-agrees-with-iocs-to-expedite-work-on-zohr-9b-north-alexandria-fields\/')\">\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\/09\/24\/oil-ministry-agrees-with-iocs-to-expedite-work-on-zohr-9b-north-alexandria-fields\/\">\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=Oil Ministry agrees with IOCs to expedite work on Zohr, 9B, North Alexandria fields&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/oil-ministry-agrees-with-iocs-to-expedite-work-on-zohr-9b-north-alexandria-fields\/\">\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\/09\/24\/oil-ministry-agrees-with-iocs-to-expedite-work-on-zohr-9b-north-alexandria-fields\/&title=Oil Ministry agrees with IOCs to expedite work on Zohr, 9B, North Alexandria fields\">\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=Oil+Ministry+agrees+with+IOCs+to+expedite+work+on+Zohr%2C+9B%2C+North+Alexandria+fields+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Foil-ministry-agrees-with-iocs-to-expedite-work-on-zohr-9b-north-alexandria-fields%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\/09\/24\/oil-ministry-agrees-with-iocs-to-expedite-work-on-zohr-9b-north-alexandria-fields\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624980\" class=\"content-area-description single-story post-624980 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam 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\/.3c7f92e6-a079-45b9-9ff8-7632d2620e55.mp3\"><\/audio><\/figure>\n<p>The Oil Ministry has reached an agreement with Eni, Shell, and BP to expedite their work on the Zohr, 9B, and North Alexandria fields and link them to the national grid ahead of schedule, an unnamed source <a href=\"http:\/\/www.almasdar.com\/83563\">tells Al Masdar<\/a>. No further details were provided on when the companies expect to complete their work on the fields. The move comes as the ministry looks to plug Egypt\u2019s natural gas supply gap as soon as possible as the country works towards becoming a net gas exporter. The three fields are expected to produce a combined 800 mcf\/d during the current fiscal year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624983\" 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=\"624983\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/civil-aviation-ministry-establishes-airport-construction-jv-with-private-sector\/\">\r\n                            Civil Aviation Ministry establishes airport construction JV with private sector                        <\/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\/09\/24\/civil-aviation-ministry-establishes-airport-construction-jv-with-private-sector\/\" 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\/09\/24\/civil-aviation-ministry-establishes-airport-construction-jv-with-private-sector\/')\">\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\/09\/24\/civil-aviation-ministry-establishes-airport-construction-jv-with-private-sector\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Civil Aviation Ministry establishes airport construction JV with private sector&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/civil-aviation-ministry-establishes-airport-construction-jv-with-private-sector\/\">\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\/09\/24\/civil-aviation-ministry-establishes-airport-construction-jv-with-private-sector\/&title=Civil Aviation Ministry establishes airport construction JV with private sector\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Civil+Aviation+Ministry+establishes+airport+construction+JV+with+private+sector+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fcivil-aviation-ministry-establishes-airport-construction-jv-with-private-sector%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\/09\/24\/civil-aviation-ministry-establishes-airport-construction-jv-with-private-sector\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624983\" class=\"content-area-description single-story post-624983 post type-post status-publish format-standard hentry category-infrastructure 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\/.98eea33c-0aec-49c7-bf74-b5bd98ffce0d.mp3\"><\/audio><\/figure>\n<p>Minister of Civil Aviation Younis El Masry approved on Saturday the establishment of a construction joint venture with a focus on airports and air travel, <a href=\"https:\/\/www.facebook.com\/moca123\/photos\/a.140709062666125\/2130973053639706\/?type=3&theater\">according to a ministry statement<\/a>. The company will be 60% owned by the public sector and 40% held by private companies. Shareholders will include The Egyptian Airports Company and Cairo Airport Company as well as Orascom Construction and Archirodon. The new company\u2019s first project is renovation work at Cairo Airport\u2019s Terminal 1 departure hall.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624985\" 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=\"624985\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/vgi-breaks-ground-on-second-phase-of-egp-2-bn-waste-recycling-facility-in-qena\/\">\r\n                            VGI breaks ground on second phase of EGP 2 bn waste recycling facility in Qena                        <\/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\/09\/24\/vgi-breaks-ground-on-second-phase-of-egp-2-bn-waste-recycling-facility-in-qena\/\" 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\/09\/24\/vgi-breaks-ground-on-second-phase-of-egp-2-bn-waste-recycling-facility-in-qena\/')\">\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\/09\/24\/vgi-breaks-ground-on-second-phase-of-egp-2-bn-waste-recycling-facility-in-qena\/\">\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=VGI breaks ground on second phase of EGP 2 bn waste recycling facility in Qena&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/vgi-breaks-ground-on-second-phase-of-egp-2-bn-waste-recycling-facility-in-qena\/\">\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\/09\/24\/vgi-breaks-ground-on-second-phase-of-egp-2-bn-waste-recycling-facility-in-qena\/&title=VGI breaks ground on second phase of EGP 2 bn waste recycling facility in Qena\">\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=VGI+breaks+ground+on+second+phase+of+EGP+2+bn+waste+recycling+facility+in+Qena+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fvgi-breaks-ground-on-second-phase-of-egp-2-bn-waste-recycling-facility-in-qena%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\/09\/24\/vgi-breaks-ground-on-second-phase-of-egp-2-bn-waste-recycling-facility-in-qena\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624985\" class=\"content-area-description single-story post-624985 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing 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\/.bb06b51a-cd6c-457a-8b5f-062455a18321.mp3\"><\/audio><\/figure>\n<p>US-based Vernbro Global Investment (VGI) has broken ground on the second phase of its EGP 2 bn agricultural waste recycling facility in Qena, Chairman Ashraf Dous told Amwal Al Ghad. The first phase of the factory, which VGI completed two months ago, extracts fibers from banana trees. The second phase, which is slated for completion in 2019, will use these fibers to produce sellable products, including paperboards and egg cartons.<\/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\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624986\" 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=\"624986\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/nat-to-sign-cairo-metro-line-3-management-contracts-with-ratp-end-october\/\">\r\n                            NAT to sign Cairo Metro Line 3 management contracts with RATP end-October                        <\/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\/09\/24\/nat-to-sign-cairo-metro-line-3-management-contracts-with-ratp-end-october\/\" 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\/09\/24\/nat-to-sign-cairo-metro-line-3-management-contracts-with-ratp-end-october\/')\">\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\/09\/24\/nat-to-sign-cairo-metro-line-3-management-contracts-with-ratp-end-october\/\">\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=NAT to sign Cairo Metro Line 3 management contracts with RATP end-October&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/nat-to-sign-cairo-metro-line-3-management-contracts-with-ratp-end-october\/\">\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\/09\/24\/nat-to-sign-cairo-metro-line-3-management-contracts-with-ratp-end-october\/&title=NAT to sign Cairo Metro Line 3 management contracts with RATP end-October\">\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=NAT+to+sign+Cairo+Metro+Line+3+management+contracts+with+RATP+end-October+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fnat-to-sign-cairo-metro-line-3-management-contracts-with-ratp-end-october%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\/09\/24\/nat-to-sign-cairo-metro-line-3-management-contracts-with-ratp-end-october\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624986\" class=\"content-area-description single-story post-624986 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam 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\/.af698073-27c9-4510-a76a-1af7ab9e0e1a.mp3\"><\/audio><\/figure>\n<p>The National Authority for Tunnels (NAT) will reportedly sign at the end of October the management contracts for Cairo Metro Line 3 with France\u2019s RATP, sources close to the matter <a href=\"https:\/\/almalnews.com\/Story\/390607\/58\/%D8%A8%D8%AF%D8%A1-%D8%A5%D8%AC%D8%B1%D8%A7%D8%A1%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%82%D8%AF-%D9%85%D8%B9-RATIP-%D8%A7%D9%84%D9%81%D8%B1%D9%86%D8%B3%D9%8A%D8%A9-%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%AE%D8%B7-%D8%A7%D9%84%D8%AB%D8%A7%D9%84%D8%AB-%D9%84%D9%84%D9%85%D8%AA%D8%B1%D9%88\">tell Al Mal<\/a>. The contracts, which are currently being drafted, are expected to set the exact share of the state\u2019s profits from the line and determine a payment settlement system that also factors in RATP\u2019s share of service and maintenance costs. The NAT had been in talks with the French public transport operator to <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/24\/transportation-ministry-breaks-ground-on-final-phase-of-cairo-metro-line-3\/\">establish a joint venture<\/a> to operate Line 3 that would be split 80\/20, with NAT being the majority owner. The NAT has been waiting on amendments to the law regulating its operations to finalize the agreements for the new company. Zaki Hashem & Partners are acting as legal advisors to RATP.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624989\" 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=\"624989\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/nbe-increases-exchange-arm-capital-to-egp-125-mn-from-egp-50-mn\/\">\r\n                            NBE increases exchange arm capital to EGP 125 mn from EGP 50 mn                        <\/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\/09\/24\/nbe-increases-exchange-arm-capital-to-egp-125-mn-from-egp-50-mn\/\" 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\/09\/24\/nbe-increases-exchange-arm-capital-to-egp-125-mn-from-egp-50-mn\/')\">\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\/09\/24\/nbe-increases-exchange-arm-capital-to-egp-125-mn-from-egp-50-mn\/\">\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=NBE increases exchange arm capital to EGP 125 mn from EGP 50 mn&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/nbe-increases-exchange-arm-capital-to-egp-125-mn-from-egp-50-mn\/\">\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\/09\/24\/nbe-increases-exchange-arm-capital-to-egp-125-mn-from-egp-50-mn\/&title=NBE increases exchange arm capital to EGP 125 mn from EGP 50 mn\">\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=NBE+increases+exchange+arm+capital+to+EGP+125+mn+from+EGP+50+mn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fnbe-increases-exchange-arm-capital-to-egp-125-mn-from-egp-50-mn%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\/09\/24\/nbe-increases-exchange-arm-capital-to-egp-125-mn-from-egp-50-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624989\" class=\"content-area-description single-story post-624989 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam 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\/.680bcfa7-7a0b-4012-9417-60e70153618f.mp3\"><\/audio><\/figure>\n<p>The National Bank of Egypt (NBE) is raising the capital of its foreign exchange arm to EGP 125 mn from EGP 50 mn, Al-Ahly Exchange Company Chairman Abdel Meguid Mohie El Din <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=23092018&id=eac5b431-9caf-40c7-bab6-4aa0032c661f\">tells Al Shorouk<\/a>. The capital increase is in line with plans to increase the number of the company\u2019s exchange bureaus across the country. Al-Ahly Exchange is looking to launch 13 new branches before the end of the year, bringing their total number up to 30. The number of branches is expected to reach 50 by 2020.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624990\" 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=\"624990\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/ifc-banque-misr-sign-agreement-to-expand-financial-inclusion-of-women-entrepreneurs\/\">\r\n                            IFC, Banque Misr sign agreement to expand financial inclusion of women entrepreneurs                        <\/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\/09\/24\/ifc-banque-misr-sign-agreement-to-expand-financial-inclusion-of-women-entrepreneurs\/\" 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\/09\/24\/ifc-banque-misr-sign-agreement-to-expand-financial-inclusion-of-women-entrepreneurs\/')\">\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\/09\/24\/ifc-banque-misr-sign-agreement-to-expand-financial-inclusion-of-women-entrepreneurs\/\">\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=IFC, Banque Misr sign agreement to expand financial inclusion of women entrepreneurs&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/ifc-banque-misr-sign-agreement-to-expand-financial-inclusion-of-women-entrepreneurs\/\">\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\/09\/24\/ifc-banque-misr-sign-agreement-to-expand-financial-inclusion-of-women-entrepreneurs\/&title=IFC, Banque Misr sign agreement to expand financial inclusion of women entrepreneurs\">\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=IFC%2C+Banque+Misr+sign+agreement+to+expand+financial+inclusion+of+women+entrepreneurs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fifc-banque-misr-sign-agreement-to-expand-financial-inclusion-of-women-entrepreneurs%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\/09\/24\/ifc-banque-misr-sign-agreement-to-expand-financial-inclusion-of-women-entrepreneurs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624990\" class=\"content-area-description single-story post-624990 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam 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\/.c7cefe11-71ef-439b-a9cc-e44a9f6a3172.mp3\"><\/audio><\/figure>\n<p>Banque Misr signed yesterday an agreement with the International Finance Corporation (IFC) to help increase the number of women-led businesses receiving financing from Banque Misr as part of its SME portfolio, according to an <a href=\"https:\/\/ent.news\/2018\/9\/2089.pdf\">emailed statement (pdf)<\/a>. \u201cIFC will work with Banque Misr to conduct market research on the needs of women in business; provide access to global best practice; and develop and implement a sustainable business model for its women banking program.\u201d The agreement will also see the two institutions working to help informal micro enterprises, which the statement notes are often owned by women, go legit.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624994\" 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=\"624994\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/egypt-india-to-boost-military-cooperation-and-hold-bilateral-wargames\/\">\r\n                            Egypt, India to boost military cooperation and hold bilateral wargames                        <\/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\/09\/24\/egypt-india-to-boost-military-cooperation-and-hold-bilateral-wargames\/\" 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\/09\/24\/egypt-india-to-boost-military-cooperation-and-hold-bilateral-wargames\/')\">\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\/09\/24\/egypt-india-to-boost-military-cooperation-and-hold-bilateral-wargames\/\">\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, India to boost military cooperation and hold bilateral wargames&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/egypt-india-to-boost-military-cooperation-and-hold-bilateral-wargames\/\">\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\/09\/24\/egypt-india-to-boost-military-cooperation-and-hold-bilateral-wargames\/&title=Egypt, India to boost military cooperation and hold bilateral wargames\">\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%2C+India+to+boost+military+cooperation+and+hold+bilateral+wargames+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F24%2Fegypt-india-to-boost-military-cooperation-and-hold-bilateral-wargames%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\/09\/24\/egypt-india-to-boost-military-cooperation-and-hold-bilateral-wargames\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624994\" class=\"content-area-description single-story post-624994 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.dbf901d1-7d39-4e70-8918-eae7a14d2247.mp3\"><\/audio><\/figure>\n<p>Egypt and India have agreed to hold joint military drills more frequently in a bid to boost defense cooperation, <a href=\"https:\/\/timesofindia.indiatimes.com\/india\/india-egypt-may-hold-joint-military-drill\/articleshow\/65924419.cms\">reports the Times of India<\/a>. The agreement came during a meeting between Defense Minister Mohamed Zaki and his Indian counterpart Nirmala Sitharaman in Cairo, <a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/posts\/1412114212252890?__xts__%5b0%5d=68.ARBuVwqoS-CyRI6o68VHSlo0CwLq0l_z0BYu1NY6qTl-ptLCuy2J7LQHmHmH5hYP4IPzQnTQ-f5AW9gzrfCn7maKKR9LE-ebHEwngxDgM2E3TUZ6AmeVzdIf3DHspEEFgOphJEK9-XnBpl9UZd18Kr_hXrMPHjz20gfnS5fESNNKBbOlJa24QA&__tn__=-R\">according to an Armed Forces statement<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624995\" 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=\"624995\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/arab-celebrities-dress-in-regional-designers-at-gouna-film-festival\/\">\r\n                            Arab celebrities dress in regional designers at Gouna Film Festival                        <\/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\/09\/24\/arab-celebrities-dress-in-regional-designers-at-gouna-film-festival\/\" 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\/09\/24\/arab-celebrities-dress-in-regional-designers-at-gouna-film-festival\/')\">\n                    Copy Link                <\/a>\n\n      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data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/580.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/580.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624995\" class=\"content-area-description single-story post-624995 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.92054bf6-697c-4649-8c2e-c54404924a3f.mp3\"><\/audio><\/figure>\n<p><strong>The National rounded up its top picks from Red Carpet dresses at the Gouna Film Festival<\/strong>, which kicked off last Thursday and will run until 28 September at the Red Sea resort town. <a href=\"https:\/\/www.thenational.ae\/lifestyle\/fashion\/from-maya-diab-to-carmen-lebbos-red-carpet-fashion-at-egypt-s-el-gouna-film-festival-1.773037#2\">Check out the collection here<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"624997\" 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=\"624997\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/624997\/\">\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\/09\/24\/624997\/\" 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\/09\/24\/624997\/')\">\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\/09\/24\/624997\/\">\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\/09\/24\/624997\/\">\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 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class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624997\" class=\"content-area-description single-story post-624997 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 17.85 | 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> (Sunday): 14,261 (+1.3%)<br \/>\n <strong>Turnover:<\/strong> EGP 501 mn (34% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -5.0%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 index ended Sunday\u2019s session up 1.3%. CIB, the index heaviest constituent ended up 0.3%. EGX30\u2019s top performing constituents were Orascom Investment Holding up 9.9%, Ibnsina Pharma up 7.4%, and EFG Hermes up 6.4%. Yesterday\u2019s worst performing stocks were AMOC down 0.7%, Egypt Aluminum down 0.4%, and Orascom Construction flat. The market turnover was EGP 501 mn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +6.5 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +50.6 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -57.1 mn<\/p>\n<p><strong>Retail<\/strong>: 57.9% of total trades | 58.6% of buyers | 57.3% of sellers<br \/>\n <strong>Institutions<\/strong>: 42.1% of total trades | 41.4% of buyers | 42.7% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 17.3% of total | 17.9% of buyers | 16.6% of sellers<br \/>\n <strong>Regional:<\/strong> 11.0% of total | 16.0% of buyers | 6.0% of sellers<br \/>\n <strong>Domestic:<\/strong> 71.7% of total | 66.0% of buyers | 77.4% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 71.53 (+1.06%)<br \/>\n <strong>Brent:<\/strong> USD 79.71 (+1.15%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.96 MMBtu, (-0.67%, Oct 2018)<br \/>\n <strong>Gold:<\/strong> USD 1,201.00 \/ troy ounce (-0.02%)<br \n<\/p>\n<p><strong>TASI:<\/strong> 7,768.31 (+0.50%) (YTD: +7.50%)<br \/>\n <strong>ADX:<\/strong> 4,892.16 (+0.18%) (YTD: +11.22%)<br \/>\n <strong>DFM:<\/strong> 2,761.94 (-0.09%) (YTD: -18.05%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,288.75 (-1.38%)<br \/>\n <strong>QE:<\/strong> 9,768.91 (+0.03%) (YTD: +14.61%)<br \/>\n <strong>MSM:<\/strong> 4,486.42 (-0.20%) (YTD: -12.02%)<br \/>\n <strong>BB: <\/strong>1,351.44 (+0.85%) (YTD: +1.48%)<\/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=\"624998\" 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\/09\/24\/624998\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-624998\" class=\"content-area-description single-story post-624998 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>23-24 September (Sunday-Monday): Arab Security Conference on cyber security, Nile-Ritz Carlton, Cairo.<\/p>\n<p>24-25 September (Monday-Tuesday): Arqaam Capital MENA Investors Conference 2018, Four Seasons Resorts, Dubai.<\/p>\n<p>24-25 September (Monday-Tuesday): Egypt Water Desalination Forum, venue TBD.<\/p>\n<p>25 September (Tuesday): President Abdel Fattah El Sisi in New York for UN General Assembly.<\/p>\n<p>26 September (Wednesday): E-Commerce Summit, Nile-Ritz Carlton, Cairo.<\/p>\n<p>27 September (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>October: The Madbouly cabinet has until the end of the month to come up with a plan for \u201cthe development and restructuring\u201d of public companies\u201d under a directive from President Abdel Fattah El Sisi.<\/p>\n<p>03 October (Wednesday): Egypt\u2019s Emirates NBD PMI for September released.<\/p>\n<p>06 October (Saturday): Armed Forces Day, national holiday.<\/p>\n<p>12-14 October (Friday-Sunday): 2018 annual meetings of the World Bank and International Monetary Fund, Bali, Indonesia.<\/p>\n<p>23 October (Tuesday): First Conference on Sukuk (Sharia-compliant bonds), Cairo.<\/p>\n<p>23-24 October (Tuesday-Wednesday): Intelligent Cities Exhibition & Conference 2018, Fairmont Towers Heliopolis, Cairo.<\/p>\n<p>24-25 October (Wednesday- Thursday) 9th Arab-German Energy Forum, Cairo, Egypt.<\/p>\n<p>25-27 October (Thursday-Saturday): 57th ACI World Congress & 43rd ICA Annual Conference 2018, Four Seasons Nile Plaza, Cairo.<\/p>\n<p>05 November (Monday): Egypt\u2019s Emirates NBD PMI for October released.<\/p>\n<p>05-07 November (Monday- Wednesday) World Travel Market London exhibition, London, England, UK.<\/p>\n<p>15 November (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>20 November (Tuesday): Prophet's Birthday (TBC), national holiday.<\/p>\n<p>22 November (Thursday): US Thanksgiving.<\/p>\n<p>25-28 November (Sunday-Wednesday): 22nd Cairo ICT, Cairo Convention Center, Nasr City, Cairo.<\/p>\n<p>03-05 December (Monday-Wednesday): First Egypt Defense Expo, Egyptian International Exhibition Center, Cairo.<\/p>\n<p>04 December (Tuesday): Egypt\u2019s Emirates NBD PMI for November released.<\/p>\n<p>08-09 December (Saturday-Sunday): Business for Africa and the World: The Africa 2018 Forum, Maritim Jolie Ville International Congress Center, Sharm El Sheikh.<\/p>\n<p>12 December (Wednesday): Banking and Finance Congress 2018, Cairo, venue TBD.<\/p>\n<p>25 December (Tuesday): Western Christmas.<\/p>\n<p>27 December (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>01 January 2019 (Tuesday): New Year's Day, national holiday.<\/p>\n<p>07 January 2019 (Monday): Coptic Christmas.<\/p>\n<p>22-25 January 2019 (Tuesday-Friday): World Economic Forum (WEF) Annual Meeting, Davos-Klosters, Switzerland.<\/p>\n<p>23 January 2019 (Wednesday) 50th Cairo International Book Fair.<\/p>\n<p>25 January 2019 (Friday): Police Day, national holiday.<\/p>\n<p>20-22 April 2019 (Friday-Sunday): Spring meetings of the World Bank and International Monetary Fund, Washington, DC.<\/p>\n<p>25 April 2019 (Thursday): Sinai Liberation day, national holiday.<\/p>\n<p>28 April 2019 (Sunday): Easter Sunday, national holiday.<\/p>\n<p>29 April 2019 (Monday): Easter Monday, national holiday.<\/p>\n<p>01 May 2019 (Wednesday): Labor Day, national holiday.<\/p>\n<p>06 May 2019 (Monday): First day of Ramadan (TBC).<\/p>\n<p>05-06 June 2019 (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n<p>10-13 October 2019 (Tuesday-Sunday) Big Industrial Week Arabia 2019, Egypt International Exhibition Center.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":624958,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-624957","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"98ac2077-4b48-44e5-b0c9-ab51910d4fa4","teaser":"","photo_url":"https:\/\/ent.news\/2018\/9\/2415.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>Hungry treasury eyes billboards, cell towers - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/hungry-treasury-eyes-billboards-cell-towers\/\" \/>\n<meta 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