{"id":625008,"date":"2018-09-25T04:18:31","date_gmt":"2018-09-25T04:18:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=625008"},"modified":"2025-12-17T08:21:58","modified_gmt":"2025-12-17T08:21:58","slug":"fourth-bond-auction-called-off-in-four-weeks","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/fourth-bond-auction-called-off-in-four-weeks\/","title":{"rendered":"Fourth bond auction called off in four weeks"},"content":{"rendered":"<section id=\"625010\" 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=\"625010\">\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\/25\/what-were-tracking-on-25-september-2018\/\">\r\n                            What we\u2019re tracking on 25 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\/25\/what-were-tracking-on-25-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/what-were-tracking-on-25-september-2018\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/what-were-tracking-on-25-september-2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 25 September 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/what-were-tracking-on-25-september-2018\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/what-were-tracking-on-25-september-2018\/&title=What we\u2019re tracking on 25 September 2018\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+25+September+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Fwhat-were-tracking-on-25-september-2018%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/what-were-tracking-on-25-september-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625010\" class=\"content-area-description single-story post-625010 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>It\u2019s our birthday:<\/strong> Enterprise is four years old today. We\u2019ve done this 964 times now, not including our Your Wealth edition or the Weekend Edition we previously published on Fridays before the Resident 11 Year Old (then somewhat younger, but no less blunt) declared that our working seven days a week wasn\u2019t smart on the work-life balance front. As you can see from <a href=\"https:\/\/enterprise.press\/issues\/2014\/09\/25\/enterprise-issue-1\/\">our inaugural issue<\/a>, we have come a long way \u2014 and we lots more to come. We are thankful for the support and kindness our readers have shown and hope to continue to be your trusted morning news source for many more years to come.<\/p><p><strong>It is also a very slow news day <\/strong>at home and abroad. Enjoy what we\u2019re sure will be a one-day respite \u2014 with the House due back in session next week, all good things shall come to an end.<\/p><p><strong>What are folks talking about in the world beyond our fair shores? <\/strong>The now <a href=\"https:\/\/www.nytimes.com\/2018\/09\/24\/us\/politics\/brett-kavanaugh-confirmation.html\">very messy confirmation process<\/a> for The Donald\u2019s nominee to the US Supreme Court (Brett Kavanaugh faces allegations of [redacted] impropriety) and, in parallel, <a href=\"https:\/\/www.nytimes.com\/2018\/09\/24\/us\/politics\/rod-rosenstein-justice-department-trump.html\">the fate of Rod Rosenstein<\/a>. He\u2019s the US deputy attorney general who allegedly mused about invoking the 25th amendment to try to declare Trump incapable of continuing in office \u2014 and the guy who is ultimately responsible for the ongoing investigation into alleged Russian interference in the 2016 election. The two stories lead the mainstream and business press on both sides of the Atlantic this morning.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>**#4<\/strong> <strong>Oil broke the USD 80\/bbl mark, hitting a four-year high: <\/strong>Brent crude rose more than USD 2 yesterday to USD 80.82, breaking the USD 80\/bbl mark,<a href=\"https:\/\/www.ft.com\/content\/fc7ae0e4-bfc3-11e8-95b1-d36dfef1b89a\">the FT reports<\/a>. The fresh high comes after OPEC decided against further output increases despite demands from US President Donald Trump for renewed action to cool prices, as we noted earlier this week. Driving the decision was the US reinstating sanctions on Iran, which will resume in November. The era of \u201clower for longer\u201d oil prices may be over, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-09-24\/the-lower-for-longer-oil-mantra-fades-as-prices-top-80\">Bloomberg suggests<\/a>.<\/p><p><strong>Some oil traders are now talking about crude breaking above USD 100<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-09-24\/major-traders-see-return-of-100-oil-due-to-u-s-iran-sanctions\">the business information service adds<\/a>, but the sell-side set is warning against irrational exuberance (forgive us for invoking Greenspan). Analysts at Bank of America, for one, sees a good chance oil will break USD 100, but warns \u201c<strong>the likelihood of an oil spike and crash scenario akin to the one observed in 2008<\/strong> has increased.\u201d As Bloomberg explains: \u201cA decade ago, Brent crude surged to nearly USD 150 a barrel, only to crash just months later as high fuel prices and the global financial crisis triggered a slump in demand. This time, the deepening trade war between the U.S. and China threatens economic growth in Asia and turmoil in emerging countries could amplify the impact of higher prices on global demand growth.\u201d BofA\u2019s outlook on crude for 2019 is for around USD 80 \/ bbl.<\/p><p><strong>None of this is good for our budget deficit:<\/strong> The Finance Ministry is expected to amend targets for Egypt\u2019s FY2018-19 budget deficit to 8.6% of GDP from 8.4% of GDP, a senior government official told us over the weekend. The official blamed rising oil prices, along with higher US interest rates, for the decision. Crude closing above USD 80 yesterday will also add <strong>new impetus to the government\u2019s fuel hedging plan<\/strong>, which <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/03\/finmin-to-expand-hedging-on-other-goods-including-wheat\/\">officials had suggested<\/a> could be shelved if oil prices stabilized. Earlier this month, the government <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/05\/did-egypt-sign-fuel-hedging-contracts-with-jp-morgan-and-citi\/\">reportedly signed fuel hedging contracts<\/a> with two international banks, with some in the press speculating that the firms were JP Morgan and Citibank.<\/p><p><strong>There\u2019s also the EM component: <\/strong>The International Institute of Finance <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/19\/egypt-is-susceptible-to-em-crisis-contagion-says-iif\/\">put out a report<\/a> last week suggesting that oil importers of the Middle East were most at risk of emerging market contagion. The spike in prices will not help, joining with potential fallout from global trade tensions to kick emerging markets in the seat of the pants despite the recent respite after a seven-month plunge in EM, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-09-23\/emerging-markets-face-india-reality-check-after-dollar-breather\">Bloomberg<\/a> writes.a<\/p><p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>**#8<\/strong> <strong>The world\u2019s wealthiest families are liking private equity right now<\/strong>, just don\u2019t expect them to allocate much to this part of the world after the Abraaj imbroglio. \u201cThe world\u2019s wealthiest families plan to allocate more money to private equity after the asset class helped drive an average 15.5 percent rise in the value of their investments in 2017, according to a survey\u201d by UBS and Campden Wealth, <a href=\"https:\/\/www.reuters.com\/article\/us-global-funds-family-ubs\/worlds-wealthiest-eye-more-private-equity-after-bumper-2017-idUSKCN1M42Q7?il=0\">writes Reuters<\/a>.<\/p><p><strong>So, how are family offices splitting their portfolios? <\/strong>According to the survey:<\/p><ul>\n<li>22% public equities in developed markets<\/li>\n<li>6% listed equities in emerging markets<\/li>\n<li>16% fixed income<\/li>\n<li>46% \u201calternatives\u201d including private equity and real estate<\/li>\n<\/ul>\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> 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stk-block-column stk-column stk-block stk-6263zbj\" data-v=\"4\" data-block-id=\"6263zbj\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-6263zbj-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-6263zbj-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n               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   \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/el-sisi-ramps-up-meetings-in-new-york-mo-salah-snubbed-from-top-fifa-award\/\">\r\n                            El Sisi ramps up meetings in New York, Mo Salah snubbed from top FIFA award                        <\/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      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meetings in New York, Mo Salah snubbed from top FIFA award\">\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=El+Sisi+ramps+up+meetings+in+New+York%2C+Mo+Salah+snubbed+from+top+FIFA+award+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Fel-sisi-ramps-up-meetings-in-new-york-mo-salah-snubbed-from-top-fifa-award%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\/25\/el-sisi-ramps-up-meetings-in-new-york-mo-salah-snubbed-from-top-fifa-award\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625014\" class=\"content-area-description single-story post-625014 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>Coverage of President Abdel Fattah El Sisi\u2019s New York visit and Mo Salah<\/strong> falling short of winning the FIFA Best Player Award were among the most popular topics of discussion on the airwaves last night.<\/p>\n<p><strong>Talking heads and pundits all jumped on the Mo Salah bandwagon<\/strong> to congratulate the national star for winning the Puskas Award and console him for missing out on the top award. El Hekaya\u2019s Amr Adib extolled the virtues of the Liverpool striker, saying that making it to the top three alongside Croatia\u2019s Luka Modric and Portugal\u2019s Cristiano Ronaldo is an achievement in itself (<a href=\"https:\/\/www.youtube.com\/watch?v=-m_KMzoKDDU\">watch, runtime: 4:22<\/a>). The Puskas Award relies mainly on a popular vote, which shows the magnitude of Salah\u2019s fanbase, said sports critic Ihab Al Khatib (<a href=\"https:\/\/www.youtube.com\/watch?v=7c2_g1ExcWo\">watch: runtime: 9:47<\/a>). Egyptian Football Association member Karam Kordy suggested that Salah\u2019s infamous injury at the hands of Sergio Ramos may have put a damper on his bid for the award, but maintained that Salah still has a bright career ahead of him and more chances to win the award down the road (<a href=\"https:\/\/www.youtube.com\/watch?v=YAZgfyH-ojY\">watch, runtime: 5:18<\/a>). Al Hayah fi Masr also covered the awards (<a href=\"https:\/\/www.youtube.com\/watch?v=-1Qbrhjnw90\">watch, runtime: 0:13<\/a>).<\/p>\n<p>Ittihadiya spokesman Bassam Rady gave Masaa DMC a <strong>rundown of El Sisi\u2019s agenda in New York yesterday<\/strong> (the details of which are in Speed Round, below), noting that our economic reform program was praised at nearly all of the president\u2019s meetings (<a href=\"https:\/\/www.youtube.com\/watch?v=cFT642L1UFw\">watch, runtime: 3:46<\/a>).<\/p>\n<p><strong>President Abdel Fattah El Sisi\u2019s address at the Nelson Mandela Peace Summit<\/strong> was significant to fellow African countries, particularly as it highlighted the importance of the peaceful resolution of conflicts, journalist Heba El Qodsy said on Hona Al Asema (<a href=\"https:\/\/www.youtube.com\/watch?v=to_6zSW9WcE\">watch, runtime: 5:56<\/a>). Political science professor Ashraf Singer said much the same, adding that the speech effectively addressed Egypt\u2019s role in the continent (<a href=\"https:\/\/www.youtube.com\/watch?v=-8N_cg5-I7Y\">watch, runtime: 4:35<\/a>).<\/p>\n<p><strong>El Moselhy talks commodity prices, subsidy program maintenance:<\/strong> Supply Minister Ali El Moselhy had a chat with Masaa DMC\u2019s Eman Al Hosary about the effect of the economic reform program on the production and consumption of basic commodities. The EGP float doubled the state\u2019s subsidy bill, but the government has not cut back on these subsidies or raised prices of basic commodities, El Moselhy stressed. He also noted that the country has sufficient reserves of everything from wheat and poultry to sugar and oil (<a href=\"https:\/\/www.youtube.com\/watch?v=MP00dYYQ2C8&t=34s\">watch, runtime: 1:50<\/a>).<\/p>\n<p><strong>El Moselhy also touched on the ministry\u2019s internal trade strategy<\/strong>, which he told El Hosary entails establishing logistics areas for storage, sorting, and packaging goods, as well as setting up wholesale distribution outlets across the country (<a href=\"https:\/\/www.youtube.com\/watch?v=XSm4cj4fx9g\">watch, runtime: 3:17<\/a>).<\/p>\n<p><strong>The Health Ministry will offer health insurance to construction and quarry workers<\/strong>, General Authority for Health Insurance head Soheir Abdel Hameed told Hona Al Asema. The ministry has so far tallied some 264k workers that will be provided with insurance, which workers can apply for through offices in their respective districts. The move comes as part of the state\u2019s preparations for the rollout of the Universal Healthcare Act, according to Social Insurance Fund head Samy Abdel Hady (<a href=\"https:\/\/www.youtube.com\/watch?v=Dwyo-uUVhhw\">watch, runtime: 7:29<\/a>). (We note here that Abdel Hameed is talking about day labourers, not full-time employees of registered builders and quarrying companies.)<\/p>\n<p>Meanwhile, <strong>the Personal Status Act was a topic of debate<\/strong> between Al Azhar\u2019s Islamic research academy member Abdullah Al Naggar and lawyer Nehad Abu Qomsan on Hona Al Asema. Civil society organizations have been calling for the law to be amended (<a href=\"https:\/\/www.youtube.com\/watch?v=kEtlRrSr1bk&t=2s\">watch, runtime: 16:00<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=JZxaYs5gWes\">runtime: 15:00<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"625015\" 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=\"625015\">\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\/25\/egypt-cancels-bond-auction-for-the-fourth-consecutive-week\/\">\r\n                            Egypt cancels bond auction for the fourth consecutive week                        <\/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\/25\/egypt-cancels-bond-auction-for-the-fourth-consecutive-week\/\" 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\/25\/egypt-cancels-bond-auction-for-the-fourth-consecutive-week\/')\">\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\/25\/egypt-cancels-bond-auction-for-the-fourth-consecutive-week\/\">\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 cancels bond auction for the fourth consecutive week&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/egypt-cancels-bond-auction-for-the-fourth-consecutive-week\/\">\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\/25\/egypt-cancels-bond-auction-for-the-fourth-consecutive-week\/&title=Egypt cancels bond auction for the fourth consecutive week\">\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+cancels+bond+auction+for+the+fourth+consecutive+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Fegypt-cancels-bond-auction-for-the-fourth-consecutive-week%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\/25\/egypt-cancels-bond-auction-for-the-fourth-consecutive-week\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625015\" class=\"content-area-description single-story post-625015 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>Egypt cancels bond auction for the fourth consecutive week:<\/strong> Egypt called off its fourth treasury bond auction <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/18\/egypt-cancels-third-treasury-sale-this-month\/\">in as many weeks<\/a> on Monday, <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/Pages\/Home.aspx\/\">the Finance Ministry said on Monday<\/a>. Officials called off sales of five- and 10-year treasury bonds worth EGP 3 bn because of the high yields on demand. Bankers <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1WA2Q7\">speaking to Reuters say<\/a> that yields requested at Monday\u2019s sale were between 18.5% and 19.0%.<\/p>\n<p><strong>Despite the Finance Ministry\u2019s best plans to rely on longer-tenor debt issuances, it has had to depend on shorter-term treasury bills to cover financing.<\/strong> \u201cTo date in September, Egypt has raised EGP 7.1 bn in excess cash through auctions. In August they raised a total of EGP 12.7 bn from treasury bonds, so you can presume the bulk of the shortfall has been covered by the increased issuance of shorter-duration bills,\u201d said Allen Sandeep, head of research at Naeem Brokerage. \u201cThe Ministry of Finance is trying not to lock in such high yields for an extended period of time. Historically, they have gone for months without issuing bonds and were able to raise all the funds they need via [shorter term] treasury bills,\u201d another banker said.<\/p>\n<p><strong>But how long can this last?<\/strong> Yields on EGP-denominated short-term treasuries <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/24\/what-were-tracking-on-24-september-2018\/\">continued to rise on Sunday<\/a> with the return on 91-day bills rising to 19.62%, while yields at the nine-month auction rose to 19.84%.<\/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\/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=\"625027\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625028\" 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=\"625028\">\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\/25\/what-were-tracking-this-week-and-beyond-94\/\">\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\/25\/what-were-tracking-this-week-and-beyond-94\/\" 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\/25\/what-were-tracking-this-week-and-beyond-94\/')\">\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\/25\/what-were-tracking-this-week-and-beyond-94\/\">\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\/25\/what-were-tracking-this-week-and-beyond-94\/\">\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\/25\/what-were-tracking-this-week-and-beyond-94\/&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%2F25%2Fwhat-were-tracking-this-week-and-beyond-94%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\/25\/what-were-tracking-this-week-and-beyond-94\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625028\" class=\"content-area-description single-story post-625028 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><a href=\"https:\/\/www.automech-formula.com\/en\/home.html\"><strong>2018 Automech Formula car expo<\/strong><\/a> will kick off on Wednesday and will go on until next Sunday at the Cairo International Convention Center, Nasr City, Cairo.<\/p>\n<p><strong>The 2018 Narrative PR Summit<\/strong> will take place at the Four Seasons Nile Plaza on Sunday, 28 October with participants including friends ranging from the World Bank\u2019s Mahmoud Mohieldin to US embassy spokesman Sam Werberg. The event\u2019s <a href=\"http:\/\/narrativesummit.com\/\">website is here<\/a> and its <a href=\"https:\/\/www.facebook.com\/narrativesummit\">Facebook page here<\/a>.<\/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>.<\/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\/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=\"625029\" 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=\"625029\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/the-new-scramble-for-africa-is-not-the-same-as-the-old\/\">\r\n                            The new \u201cscramble for Africa\u201d is not the same as the old                        <\/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\/25\/the-new-scramble-for-africa-is-not-the-same-as-the-old\/\" 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\/25\/the-new-scramble-for-africa-is-not-the-same-as-the-old\/')\">\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\/25\/the-new-scramble-for-africa-is-not-the-same-as-the-old\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The new \u201cscramble for Africa\u201d is not the same as the old&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/the-new-scramble-for-africa-is-not-the-same-as-the-old\/\">\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\/25\/the-new-scramble-for-africa-is-not-the-same-as-the-old\/&title=The new \u201cscramble for Africa\u201d is not the same as the old\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+new+%E2%80%9Cscramble+for+Africa%E2%80%9D+is+not+the+same+as+the+old+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Fthe-new-scramble-for-africa-is-not-the-same-as-the-old%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\/25\/the-new-scramble-for-africa-is-not-the-same-as-the-old\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2612.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625030\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/the-new-scramble-for-africa-is-not-the-same-as-the-old\/2612-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2612.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2612.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2612.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2612.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625029\" class=\"content-area-description single-story post-625029 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The new \u201cscramble for Africa\u201d is not the same as the old: <\/strong>Much attention has been given to the influx of investment and credit from China to African nations in what some have called a \u201cnew scramble for Africa\u201d <a href=\"https:\/\/www.ft.com\/content\/62b1e38c-bd83-11e8-94b2-17176fbf93f5\">the FT says<\/a>. But unlike the previous grab of colonial European days, this influx of capital and geopolitical influence is being led by the likes of Brazil, Russia, the GCC and Turkey \u2014 all of whom are following China\u2019s lead.<\/p>\n<p><strong>Caught off guard:<\/strong> How is it that China has spearheaded this influx of EM capital into the continent at the expense of Europe the US? \u201cAt the end of the cold war, the west very much withdrew and stopped asserting its interest in Africa,\u201d says Howard French, a professor at the Columbia School of Journalism and an expert on Africa. \u201cIt has taken all this time for the vacuum that this created to draw in a panoply of new players. China is the most obviously important, but Malaysia, India, Vietnam, Turkey, Brazil, Russia and the Gulf states have all been drawn in,\u201d he says.<\/p>\n<p><strong>The numbers make sense to EM companies: <\/strong>\u201cIn spite of Africa\u2019s well-documented problems, companies with a cheaper cost base than European or American rivals can often turn a good profit,\u201d writes David Pilling. Furthermore, Africa\u2019s fundamentals and macro climate are proving enticing. <strong>Six of the world\u2019s 10 fastest-growing economies are in Africa<\/strong>, with demographics largely skewed towards the young. EM countries outside the continent were quick to spot the similarities.<\/p>\n<p><strong>And now the West wants back in:<\/strong> Sensing that they were left behind, the EU, the UK and the US are now trying to find their place back in the running. Last year, Germany launched what it called a \u201cMarshall Plan with Africa,\u201d pledging public money to companies investing on the continent. French President Emmanuel Macron is also pushing for commercial re-engagement. Even the Trump administration has authorized a larger budget for African investment.<\/p>\n<p><strong>Really want to see European desperation? <\/strong>Look to UK Prime Minister Theresa May, who started to develop a reputation as the most awkward dancer ever even as she proved herself a good sport (<a href=\"https:\/\/www.youtube.com\/watch?v=NzdZ5jW19ro\">watch, runtime: 1:01<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625031\" 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=\"625031\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/ancient-egyptian-pharaoh-might-have-been-the-first-to-challenge-the-flat-earth-theory\/\">\r\n                            Ancient Egyptian Pharaoh might have been the first to challenge the \u201cflat earth theory\u201d                        <\/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\/25\/ancient-egyptian-pharaoh-might-have-been-the-first-to-challenge-the-flat-earth-theory\/\" 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\/25\/ancient-egyptian-pharaoh-might-have-been-the-first-to-challenge-the-flat-earth-theory\/')\">\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\/25\/ancient-egyptian-pharaoh-might-have-been-the-first-to-challenge-the-flat-earth-theory\/\">\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=Ancient Egyptian Pharaoh might have been the first to challenge the \u201cflat earth theory\u201d&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/ancient-egyptian-pharaoh-might-have-been-the-first-to-challenge-the-flat-earth-theory\/\">\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\/25\/ancient-egyptian-pharaoh-might-have-been-the-first-to-challenge-the-flat-earth-theory\/&title=Ancient Egyptian Pharaoh might have been the first to challenge the \u201cflat earth theory\u201d\">\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=Ancient+Egyptian+Pharaoh+might+have+been+the+first+to+challenge+the+%E2%80%9Cflat+earth+theory%E2%80%9D+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Fancient-egyptian-pharaoh-might-have-been-the-first-to-challenge-the-flat-earth-theory%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\/25\/ancient-egyptian-pharaoh-might-have-been-the-first-to-challenge-the-flat-earth-theory\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/1185.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625032\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/ancient-egyptian-pharaoh-might-have-been-the-first-to-challenge-the-flat-earth-theory\/1185-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/1185.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1185.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/1185.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/1185.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625031\" class=\"content-area-description single-story post-625031 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>Ancient Egyptian Pharaoh Necho II might have been the first to challenge the \u201cflat earth theory\u201d <\/strong>when he hired Phoenician sailors to circumnavigate Africa, <a href=\"https:\/\/www.ancient-origins.net\/history-important-events\/world-not-flat-0010733\">Mark Oliver writes for Ancient Origins<\/a>. The crew sailed around Africa some 2600 years ago to find an alternate route to the straits of Gibraltar. Legend has it that they returned home with news that the sun seemed to change position as they reached the tip of Africa, challenging long-held beliefs of a flat earth and being the first known people to propose the idea.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625033\" 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=\"625033\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/british-woman-jailed-in-egypt-over-painkillers-loses-appeal\/\">\r\n                            British woman jailed in Egypt over painkillers loses appeal                        <\/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\/25\/british-woman-jailed-in-egypt-over-painkillers-loses-appeal\/\" 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\/25\/british-woman-jailed-in-egypt-over-painkillers-loses-appeal\/')\">\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\/25\/british-woman-jailed-in-egypt-over-painkillers-loses-appeal\/\">\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=British woman jailed in Egypt over painkillers loses appeal&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/british-woman-jailed-in-egypt-over-painkillers-loses-appeal\/\">\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\/25\/british-woman-jailed-in-egypt-over-painkillers-loses-appeal\/&title=British woman jailed in Egypt over painkillers loses appeal\">\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=British+woman+jailed+in+Egypt+over+painkillers+loses+appeal+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Fbritish-woman-jailed-in-egypt-over-painkillers-loses-appeal%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\/25\/british-woman-jailed-in-egypt-over-painkillers-loses-appeal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625033\" class=\"content-area-description single-story post-625033 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>A quiet morning: <\/strong>Topping coverage of Egypt in the foreign press on a very quiet morning was a court\u2019s rejection of an appeal by UK tourist Laura Plummer against a three-year prison sentence for smuggling 300 tablets of pain meds, <a href=\"https:\/\/www.bbc.com\/news\/uk-england-humber-45625155\">BBC reported<\/a>. The story is being noted in <a href=\"https:\/\/www.independent.co.uk\/news\/world\/africa\/uk-woman-egypt-smuggling-painkillers-jailed-appeal-laura-plummer-hull-tramadol-hurghada-a8552211.html\">the Independent<\/a>, <a href=\"https:\/\/www.standard.co.uk\/news\/world\/british-woman-laura-plummer-jailed-in-egypt-loses-appeal-against-painkillers-conviction-a3943596.html\">Evening Standard<\/a>and <a href=\"https:\/\/www.thesun.co.uk\/news\/7328323\/laura-plummer-loses-egypt-jail-bid\/\">The Sun<\/a>.<\/p>\n<p>More noteworthy: <strong>Egypt\u2019s new administrative capital runs the risk of replicating \u201cthe historical trend of spatial segregation\u201d between classes<\/strong> due to the high cost of housing within the new city, writes <a href=\"https:\/\/theconversation.com\/egypt-is-building-a-new-capital-city-from-scratch-heres-how-to-avoid-inequality-and-segregation-103402\">the Conversation<\/a>, a site designed by academics to appeal to \u201cThe Public.\u201d Cairo is already a lasting manifestation of urban inequality, as the rich and poor see vast differences in their access to services and benefits in their respective neighborhoods. The lack of affordable housing in the new capital might push lower-income citizens to the capital\u2019s periphery, which will further reinforce the urban class divide. \u201cIf it\u2019s to succeed, Egypt\u2019s new capital must stick to the principles of an inclusive city, where all citizens can come together and share the city.\u201d<\/p>\n<p><strong>Cairo appears to be the center of a cross-border organ trafficking operation<\/strong> that has marked African refugees as easy targets, <a href=\"https:\/\/www.haaretz.com\/middle-east-news\/egypt\/.premium.MAGAZINE-illegal-organ-harvesting-is-rampant-in-egypt-and-refugees-are-the-main-target-1.6492013\">according to Haaretz<\/a>. Findings from interviews with survivors and victims of the illegal organ trade indicate that victims are variously kidnapped; have organs stolen during routine procedures; or are paid to sell organs. <strong>This has been going on for a while: <\/strong>A 2010 study by the local branch of a DC-based NGO suggested that several thousand African refugees in Egypt at the time were casualties of the illegal organ trade. The World Health Organization had also identified Egypt, almost a decade ago, as a place where organ trafficking was rampant. The problem has prompted an official <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/24\/egypt-top-prosecutor-refers-40-to-trial-on-human-trafficking\/\">crackdown on the organ trade<\/a> and resulting in <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/08\/75-ordered-detained-on-charges-including-human-trafficking\/\">small victories<\/a>, such as 2016 exposure of a ring of 40-something traffickers who including hospital and nursing staff. Legislation was <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/16\/maglis-al-dawla-completes-review-of-bankruptcy-organ-trafficking-acts\/\">also drafted last year<\/a> with harsher penalties for traffickers and those who help them.<\/p>\n<p>Other headlines worth noting in brief this morning:<\/p>\n<ul>\n<li><strong>Mo Salah apologists: <\/strong>Local commentators are busy these days coming up with reasons why Mo Salah\u2019s performance this season has underwhelmed, <a href=\"https:\/\/apnews.com\/6a8626af0fc343cc838b4d7fd0ee5cd0\">Hamza Hendawi writes for the AP<\/a>. <\/li>\n<li><strong>A court on Monday upheld death sentences against 20 Islamists <\/strong>in the killing of 12 policemen during violent clashes that erupted in 2013 following the ousting of Mohamed Morsi, <a href=\"https:\/\/www.france24.com\/en\/20180924-egypt-court-confirms-20-death-sentences-over-police-killings\">AFP reports<\/a>. <\/li>\n<li><strong>Egyptian authorities are still championing crackdown on LGBT people, <\/strong>a year after the rainbow flag incident in Cairo, the All Out activist Ifeatu Nnaobi <a href=\"http:\/\/news.trust.org\/item\/20180924165447-0gsae\/\">writes for the Thomson Reuters Foundation<\/a>.<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"625034\" 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=\"625034\">\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\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/with-parents-sweating-tutor-fees-education-reforms-are-receiving-praise\/\">\r\n                            With parents sweating tutor fees, education reforms are receiving praise                        <\/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\/25\/with-parents-sweating-tutor-fees-education-reforms-are-receiving-praise\/\" 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\/25\/with-parents-sweating-tutor-fees-education-reforms-are-receiving-praise\/')\">\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\/25\/with-parents-sweating-tutor-fees-education-reforms-are-receiving-praise\/\">\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=With parents sweating tutor fees, education reforms are receiving praise&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/with-parents-sweating-tutor-fees-education-reforms-are-receiving-praise\/\">\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\/25\/with-parents-sweating-tutor-fees-education-reforms-are-receiving-praise\/&title=With parents sweating tutor fees, education reforms are receiving praise\">\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=With+parents+sweating+tutor+fees%2C+education+reforms+are+receiving+praise+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Fwith-parents-sweating-tutor-fees-education-reforms-are-receiving-praise%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\/25\/with-parents-sweating-tutor-fees-education-reforms-are-receiving-praise\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625034\" class=\"content-area-description single-story post-625034 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Education reforms only prolong the suffering of budget-strapped parents:<\/strong> As back to school season gets underway, parents are alreading panicking about their budgets for tutors, <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=22092018&id=dbe522ce-57d7-4f4b-89b5-53c2742e2f56\">writes Mohamed Saad Abdel Hafiz in Al Shorouk<\/a>. It is hoped that the reformed Thanaweya Amma \u2014 with its move towards a high school GPA system, less rote-memorization, and streamlined exams \u2014 would put an end to the thriving school tutoring industry, which could run parents up to EGP 3,000 per month, he says. All this move does is spread out the stress parents experience in one year over the course of the three high school years, he added.<\/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\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625035\" 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=\"625035\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/dubai-builds-smart-trees-at-beaches\/\">\r\n                            Dubai builds smart trees at beaches                        <\/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\/25\/dubai-builds-smart-trees-at-beaches\/\" 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\/25\/dubai-builds-smart-trees-at-beaches\/')\">\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\/25\/dubai-builds-smart-trees-at-beaches\/\">\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=Dubai builds smart trees at beaches&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/dubai-builds-smart-trees-at-beaches\/\">\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\/25\/dubai-builds-smart-trees-at-beaches\/&title=Dubai builds smart trees at beaches\">\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=Dubai+builds+smart+trees+at+beaches+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Fdubai-builds-smart-trees-at-beaches%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\/25\/dubai-builds-smart-trees-at-beaches\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/1265.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625036\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/dubai-builds-smart-trees-at-beaches\/1265-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/1265.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1265.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/1265.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/1265.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625035\" class=\"content-area-description single-story post-625035 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>The sci-fi world that is Dubai is kicking it up a notch (again) with new solar palms. <\/strong>The city has started building solar-panel trees that have wifi and can charge your phone. The smart trees are also equipped with touch screens that provide information about the city and even provide weather updates.<\/p>\n<p>Nothing new under the sun: <strong>Are we the only ones who remember Mohandiseen\u2019s glowing plastic palm trees <\/strong>from, say, 15 years ago?<\/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\/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=\"625037\" 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=\"625037\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/transport-minister-meets-uk-trade-envoy-for-cooperation-talks\/\">\r\n                            Transport minister meets UK trade envoy for cooperation talks                        <\/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\/25\/transport-minister-meets-uk-trade-envoy-for-cooperation-talks\/\" 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\/25\/transport-minister-meets-uk-trade-envoy-for-cooperation-talks\/')\">\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\/25\/transport-minister-meets-uk-trade-envoy-for-cooperation-talks\/\">\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=Transport minister meets UK trade envoy for cooperation talks&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/transport-minister-meets-uk-trade-envoy-for-cooperation-talks\/\">\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\/25\/transport-minister-meets-uk-trade-envoy-for-cooperation-talks\/&title=Transport minister meets UK trade envoy for cooperation talks\">\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=Transport+minister+meets+UK+trade+envoy+for+cooperation+talks+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Ftransport-minister-meets-uk-trade-envoy-for-cooperation-talks%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\/25\/transport-minister-meets-uk-trade-envoy-for-cooperation-talks\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625037\" class=\"content-area-description single-story post-625037 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<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.c5d293d4-cc7e-472f-9622-8da0c71ef2c9.mp3\"><\/audio><\/figure>\n<p><strong>Transport Minister Hisham Arafat met UK Trade Envoy Sir Jeffrey Donaldson<\/strong> in Cairo on Monday to discuss stepping up cooperation across the sector, <a href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/1150753365081655?__tn__=K-R\">Al Mal reported<\/a>. The two sides also agreed to hold a joint workshop to present Egypt\u2019s potential investments in the sector to British companies.<\/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\/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=\"625039\" 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=\"625039\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/long-staple-cotton-prices-down-due-to-high-supply\/\">\r\n                            Long-staple cotton prices down due to high supply                        <\/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\/25\/long-staple-cotton-prices-down-due-to-high-supply\/\" 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\/25\/long-staple-cotton-prices-down-due-to-high-supply\/')\">\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\/25\/long-staple-cotton-prices-down-due-to-high-supply\/\">\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=Long-staple cotton prices down due to high supply&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/long-staple-cotton-prices-down-due-to-high-supply\/\">\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\/25\/long-staple-cotton-prices-down-due-to-high-supply\/&title=Long-staple cotton prices down due to high supply\">\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=Long-staple+cotton+prices+down+due+to+high+supply+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Flong-staple-cotton-prices-down-due-to-high-supply%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\/25\/long-staple-cotton-prices-down-due-to-high-supply\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625039\" class=\"content-area-description single-story post-625039 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities 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\/.7ab6536e-df76-4e72-bae6-6e9af376b89e.mp3\"><\/audio><\/figure>\n<p>Prices of long-staple cotton from the Delta fell to EGP 2,500 per qintar, down from EGP 2,650 per qintar as a result of higher-than-usual supply during the 2018-2019 harvesting season, Farmers\u2019 Syndicate head Hussein Abdel Rahman said, <a href=\"https:\/\/www.almalnews.com\/Story\/390711\/14\/%D8%B3%D8%B9%D8%B1-%D8%A7%D9%84%D9%82%D8%B7%D9%86-%D9%8A%D9%86%D8%AE%D9%81%D8%B6-150-%D8%AC%D9%86%D9%8A%D9%87%D8%A7-%D9%84%D9%84%D9%82%D9%86%D8%B7%D8%A7%D8%B1-\">according to Al Mal<\/a>. Traders are also reportedly holding back on purchasing cotton to force prices down, Abdel Rahman said.<\/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\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625040\" 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=\"625040\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/tour-operators-to-launch-flights-to-luxor-and-aswan-from-barcelona-next-year\/\">\r\n                            Tour operators to launch flights to Luxor and Aswan from Barcelona next year                        <\/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\/25\/tour-operators-to-launch-flights-to-luxor-and-aswan-from-barcelona-next-year\/\" 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\/25\/tour-operators-to-launch-flights-to-luxor-and-aswan-from-barcelona-next-year\/')\">\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\/25\/tour-operators-to-launch-flights-to-luxor-and-aswan-from-barcelona-next-year\/\">\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=Tour operators to launch flights to Luxor and Aswan from Barcelona next year&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/tour-operators-to-launch-flights-to-luxor-and-aswan-from-barcelona-next-year\/\">\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\/25\/tour-operators-to-launch-flights-to-luxor-and-aswan-from-barcelona-next-year\/&title=Tour operators to launch flights to Luxor and Aswan from Barcelona next year\">\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=Tour+operators+to+launch+flights+to+Luxor+and+Aswan+from+Barcelona+next+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Ftour-operators-to-launch-flights-to-luxor-and-aswan-from-barcelona-next-year%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\/25\/tour-operators-to-launch-flights-to-luxor-and-aswan-from-barcelona-next-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625040\" class=\"content-area-description single-story post-625040 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.8ac043a9-8e6e-47bf-8957-d58deaad7b02.mp3\"><\/audio><\/figure>\n<p>Madrid-based tour operator <a href=\"http:\/\/empresite.eleconomista.es\/MASTER-FLIGHTS.html\">Master Flights Sl<\/a>. announced plans to begin operating charter flights to Luxor and Aswan from Barcelona in April 2019, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=24092018&id=8199d697-7998-4978-a07d-db012a00e5e1\">reports Al Shorouk<\/a>. The decision comes on the back of increased demand from Spanish cultural tourists and a 60-70% increase in Spanish tourist arrivals to Egypt. The company launched last November charter flights to Luxor and Aswan from Madrid.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625041\" 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=\"625041\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/five-foreign-consortiums-considered-for-gem-management-tender\/\">\r\n                            Five foreign consortiums considered for GEM management tender                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/five-foreign-consortiums-considered-for-gem-management-tender\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/five-foreign-consortiums-considered-for-gem-management-tender\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/five-foreign-consortiums-considered-for-gem-management-tender\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Five foreign consortiums considered for GEM management tender&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/five-foreign-consortiums-considered-for-gem-management-tender\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/five-foreign-consortiums-considered-for-gem-management-tender\/&title=Five foreign consortiums considered for GEM management tender\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Five+foreign+consortiums+considered+for+GEM+management+tender+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Ffive-foreign-consortiums-considered-for-gem-management-tender%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/five-foreign-consortiums-considered-for-gem-management-tender\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625041\" class=\"content-area-description single-story post-625041 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\/.0abd2f43-9458-4393-871a-3bee8370602a.mp3\"><\/audio><\/figure>\n<p>Five foreign consortiums have applied for prequalification for the tender to manage and operate the Grand Egyptian Museum\u2019s (GEM) facilities, <a href=\"https:\/\/www.alborsaanews.com\/2018\/09\/24\/1134775\">government sources said<\/a>. The consortiums include Italian, Japanese, French, and GCC-based management companies. The Antiquities Ministry will announce the prequalified companies\u2019 names tomorrow, with the deadline to apply set for today at 3pm CLT. The <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/06\/grand-egyptian-museum-to-be-completed-in-december-says-minister\/\">GEM is set to be inaugurated<\/a> in December.<\/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\/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=\"625042\" 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=\"625042\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/egypt-recognized-for-exceptional-leadership-in-environmental-management\/\">\r\n                            Egypt recognized for exceptional leadership in environmental management                        <\/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\/25\/egypt-recognized-for-exceptional-leadership-in-environmental-management\/\" 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\/25\/egypt-recognized-for-exceptional-leadership-in-environmental-management\/')\">\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\/25\/egypt-recognized-for-exceptional-leadership-in-environmental-management\/\">\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 recognized for exceptional leadership in environmental management&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/egypt-recognized-for-exceptional-leadership-in-environmental-management\/\">\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\/25\/egypt-recognized-for-exceptional-leadership-in-environmental-management\/&title=Egypt recognized for exceptional leadership in environmental management\">\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+recognized+for+exceptional+leadership+in+environmental+management+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2Fegypt-recognized-for-exceptional-leadership-in-environmental-management%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\/25\/egypt-recognized-for-exceptional-leadership-in-environmental-management\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625042\" class=\"content-area-description single-story post-625042 post type-post status-publish format-standard 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\/.1388fa2e-a3b8-4c5e-983b-19542ad27541.mp3\"><\/audio><\/figure>\n<p><strong>Egypt won an award recognizing its \u201cexceptional leadership in environmental management\u201d <\/strong>from the New Partnership for Africa's Development (NEPAD) development agency, <a href=\"http:\/\/www.nepad.org\/content\/recognising-distinguished-service-environmental-management-africa\">according to NEPAD<\/a>. The awards ceremony \u2014 which also honored Morocco, Cameroon, South Africa, Kenya, and Rwanda, among others \u2014 was held last Wednesday.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625043\" 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=\"625043\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/625043\/\">\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\/25\/625043\/\" 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\/25\/625043\/')\">\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\/25\/625043\/\">\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\/25\/625043\/\">\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\/25\/625043\/&title=\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F25%2F625043%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\/25\/625043\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625043\" class=\"content-area-description single-story post-625043 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> (Monday): 14,201 (-0.4%)<br \/>\n <strong>Turnover:<\/strong> EGP 671 mn (12% BELOW \/ ABOVE the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -5.4%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 index ended Monday\u2019s session down 0.4%. CIB, the index heaviest constituent ended down 1.1%. EGX30\u2019s top performing constituents were Egyptian Resorts up 7.8%, Orascom Investment Holding up 6.3%, and Qalaa Holdings up 3.3%. Yesterday\u2019s worst performing stocks were QNB Al Ahli down 4.5%, Ezz Steel down 2.8%, and Egypt Aluminum down 2.0%. The market turnover was EGP 671 mn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +51.4 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +24.8 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -76.2 mn<\/p>\n<p><strong>Retail<\/strong>: 59.8% of total trades | 58.8% of buyers | 60.8% of sellers<br \/>\n <strong>Institutions<\/strong>: 40.2% of total trades | 41.2% of buyers | 39.2% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 23.8% of total | 27.6% of buyers | 20.0% of sellers<br \/>\n <strong>Regional:<\/strong> 6.5% of total | 8.4% of buyers | 4.7% of sellers<br \/>\n <strong>Domestic:<\/strong> 69.7% of total | 64.0% of buyers | 75.4% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 72.10 (+1.86%)<br \/>\n <strong>Brent:<\/strong> USD 81.08 (+2.89%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.03 MMBtu, (+1.81%, Oct 2018)<br \/>\n <strong>Gold:<\/strong> USD 1,204.00 \/ troy ounce (+0.22%)<br \n<\/p>\n<p><strong>TASI:<\/strong> 7,768.31 (+0.50%) (YTD: +7.50%)<br \/>\n <strong>ADX:<\/strong> 4,888.79 (-0.07%) (YTD: +11.15%)<br \/>\n <strong>DFM:<\/strong> 2,753.29 (-0.31%) (YTD: -18.30%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,282.30 (-0.12%)<br \/>\n <strong>QE:<\/strong> 9,731.65 (-0.38%) (YTD: +14.18%)<br \/>\n <strong>MSM:<\/strong> 4,453.27 (-0.74%) (YTD: -12.67%)<br \/>\n <strong>BB: <\/strong>1,356.13 (+0.35%) (YTD: -1.83%)<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625044\" 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\/25\/625044\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625044\" class=\"content-area-description single-story post-625044 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>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>26 September (Wednesday): E-Commerce Summit, Nile-Ritz Carlton, Cairo.<\/p>\n<p>26-30 September (Wednesday-Sunday): <a href=\"https:\/\/www.automech-formula.com\/en\/home.html\">2018 Automech Formula car expo<\/a>, Cairo International Convention Center, Nasr City, Cairo.<\/p>\n<p>26-27 September (Wednesday-Thursday) The Egyptian Factoring Association (EFA) will host a workshop on \u201cFactoring as a tool for financing SME\u2019s,\u201d The Nile Ritz-Carlton, Cairo 1113 Corniche El Nil, 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>28 October (Sunday): 2018 <a href=\"http:\/\/narrativesummit.com\/\">Narrative PR Summit<\/a>, Four Seasons Nile Plaza<\/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\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":625009,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-625008","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"231772ed-fd9b-4527-b3e8-98163a622417","teaser":"","photo_url":"https:\/\/ent.news\/2020\/7\/168.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\/ 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