{"id":625163,"date":"2018-09-30T04:09:47","date_gmt":"2018-09-30T04:09:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=625163"},"modified":"2025-12-17T08:27:50","modified_gmt":"2025-12-17T08:27:50","slug":"gas-dream-comes-true-a-headline-we-never-thought-wed-write-on-so-many-levels","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/gas-dream-comes-true-a-headline-we-never-thought-wed-write-on-so-many-levels\/","title":{"rendered":"Gas dream comes true.\r\n(A headline we never thought we\u2019d write \u2026 on so many levels)"},"content":{"rendered":"<section id=\"625165\" 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=\"625165\">\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\/30\/what-were-tracking-on-30-september-2018\/\">\r\n                            What we\u2019re tracking on 30 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\/30\/what-were-tracking-on-30-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\/30\/what-were-tracking-on-30-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\/30\/what-were-tracking-on-30-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 30 September 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/what-were-tracking-on-30-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\/30\/what-were-tracking-on-30-september-2018\/&title=What we\u2019re tracking on 30 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+30+September+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Fwhat-were-tracking-on-30-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\/30\/what-were-tracking-on-30-september-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625165\" class=\"content-area-description single-story post-625165 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 the last day of September <\/strong>\u2014 and of Q3 while we\u2019re at it. Happy start of earnings season, ladies and gentlemen. We also hope you\u2019re already working on your 2019 plans and budgets \u2014 an exercise that is always equal parts agony and ecstasy around here. <a href=\"https:\/\/youtu.be\/NU9JoFKlaZ0?t=104\"><strong>Musical accompaniment for today\u2019s issue<\/strong><\/a><strong>? <\/strong>That could only be Green Day.<\/p><p><strong>It\u2019s shaping up to be a big week in this part of the world<\/strong>, though we expect media attention will be focused squarely on the US of A given the ongoing saga that is the <a href=\"https:\/\/www.nytimes.com\/2018\/09\/29\/us\/politics\/kavanaugh-blasey-metoo-supreme-court.html\">nomination of Brett Kavanaugh<\/a> to sit on the US Supreme Court, where the first day of business is tomorrow (the court always starts its new session on the first Monday in October).<\/p><p><strong>Stories we\u2019re watching this week:<\/strong><\/p><p><strong>We have won our bid become the East Med\u2019s premier energy hub. <\/strong>Call us pie-in-the-sky optimists, but that\u2019s our takeaway from the EMG pipeline agreement announced on Thursday. Expect a wave of follow-on news and plenty of pundits weighing in. We have chapter and verse in Speed Round, below. (It\u2019s a story we have, immodestly, owned since the second month we began publishing, so we\u2019re rather happy to see this one through.)<\/p><p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>The House is back in session on Tuesday <\/strong>at 10am.Avoid Downtown at all costs. We\u2019ll have a special preview for you of what lawmakers have in store for us.<\/p><p><strong>What FX and interest rates are you using for your new budget? <\/strong>With budget season slamming into the EM Zombie Apocalypse and the CBE\u2019s consequent decision on Thursday to leave rates on hold, we\u2019re all going to be hearing a lot about that \u2014 and debating when \/ whether capex spending should be back on your agenda.<\/p><p><strong>Also: What\u2019s your average wage rise going to be in your 2019 budget? <\/strong>For blue-collar workers? For white-collar staff? Inflation is cooling, but wages haven\u2019t quite caught up to pre-float levels. If you care about the long-term health of your company, it\u2019s a question you\u2019re going to be asking.<\/p><p><strong>Promoting industry in the boonies: <\/strong>Trade and Industry Minister Amr Nassar is set to unveil on Monday a new national initiative aimed at developing local industry. Details are still fuzzy, but it looks set to target supply-chain integration, if a <a href=\"https:\/\/ent.news\/2018\/9\/2188.pdf\">ministry statement (pdf)<\/a> is anything to go by.<\/p><p><strong>It\u2019s PMI week: <\/strong>The purchasing managers\u2019 index for Egypt (as well as the UAE and Saudi) is due out on Wednesday, 3 October. <a href=\"https:\/\/www.markiteconomics.com\/Survey\/Page.mvc\/PressReleases\">Look for it here<\/a> when it arrives a bit after 6am CLT.<\/p><p><strong>We\u2019re probably going to get a kick or two from the American press <\/strong>given that US First Lady Melania Trump is due in town this week as part of an African tour to \u201cpromote child welfare and education.\u201d Her visit will also take her to Kenya, Ghana and Malawi.<\/p><p><strong>Is El Sisi heading to Russia? <\/strong>President Abdel Fattah El Sisi will visit Moscow \u201csoon,\u201d Russia Today cited Russian Deputy Foreign Minister Mikhail Bogdanov as saying, <a href=\"https:\/\/extranews.tv\/extra\/category\/4\/topic\/%D8%B2%D9%8A%D8%A7%D8%B1%D8%A9_%D9%85%D8%B1%D8%AA%D9%82%D8%A8%D8%A9_%D9%84%D9%84%D8%B1%D8%A6%D9%8A%D8%B3_%D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%8A_%D8%A5%D9%84%D9%89_%D9%85%D9%88%D8%B3%D9%83%D9%88_Extra\">according to Extra News<\/a>. Bogdanov offered no further details on timing, but the groundwork is likely in place: Foreign Minister Sameh Shoukry met with his Russian counterpart, Sergey Lavrov, on the sidelines of the UN General Assembly in New York on Friday to discuss strengthening relations and cooperation, according to <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/2263894497015817?__xts__%5B0%5D=68.ARAbW56S7bXi077aOUKtOq9YhQnBPIDhATdvCDwt1WHjAC7C1fRBsB8I4_FE7e5Le7DxltDBhsE8zfy3Za5wB6Z4PNmmvXt-1sZQQaseX6PqlhNnN3hYNcIPPbDd-v5Q1z6M-XPq5O5ODEA3zBRPfp1tnwavHW8xpbftCe8PHvV5-1lrWIp8KQ&amp;__tn__=-R\">a Foreign Ministry statement<\/a>.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625168\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-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\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-0lb1wju\" data-v=\"4\" data-block-id=\"0lb1wju\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-0lb1wju-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-0lb1wju-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\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-wxv2p7a\" data-v=\"4\" data-block-id=\"wxv2p7a\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-wxv2p7a-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-wxv2p7a-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\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            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      <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-kgq471l\" data-v=\"4\" data-block-id=\"kgq471l\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-kgq471l-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-kgq471l-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\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button 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          \n<article id=\"post-625169\" class=\"content-area-description single-story post-625169 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>Gas dominates airwaves: <\/strong>News that natural gas imports are officially a thing of the past dominated discussion on the airwaves on what was an otherwise bland night (We have more in the Speed Round, below). But the EMG pipeline agreement that paves the way for imports from Israel? Not so big a topic.<\/p>\n<p><strong>Egypt will save around USD 1.5 bn a year by cutting LNG imports, <\/strong>Oil Minister Tarek El Molla told Amr Adib on El Hekaya, adding that domestic production is more than enough to cover domestic demand for LNG (<a href=\"https:\/\/www.youtube.com\/watch?v=vHbDwVSKKUs\">watch, runtime: 5:14<\/a>). El Molla said the move brings Egypt one step closer to its goal of becoming a regional energy hub, particularly with its existing liquefaction facilities that could potentially see it establish an underwater pipeline with Cyprus and export gas to Europe (<a href=\"https:\/\/www.youtube.com\/watch?v=molGoECeZaw\">watch, runtime: 5:37<\/a>). An extensive interview with the minister on the subject is also set to air on Masaa DMC today (<a href=\"https:\/\/www.youtube.com\/watch?v=2oCOu5Egpeg\">watch a preview, runtime: 7:34<\/a>).<\/p>\n<p><strong>Plugging the gap between production and consumption is a target the government has worked longed to achieve<\/strong>, Oil Ministry spokesperson Hamdy Abdel Aziz told Hona Al Asema. The ministry plans to use its added capacities in value-adding industries, such as petrochemicals, and also continue to expand and connect more homes to the national grid. Ongoing exploration work in the Mediterranean is bound to reveal new gas fields, Abdel Aziz added (<a href=\"https:\/\/www.youtube.com\/watch?v=9ccjOLss1Ls\">watch, runtime: 5:42<\/a>).<\/p>\n<p><strong>Former EGPC deputy head Medhat Youssef called both Al Hayah fi Misr and Hona Al Asema to express just excited he is<\/strong> that Egypt achieved natural gas self-sufficiency (<a href=\"https:\/\/www.youtube.com\/watch?v=bh1QrX8acXM\">watch here, runtime: 8:59<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=JciqAajeEno\">here, runtime: 2:51<\/a>).<\/p>\n<p><strong>The UAE\u2019s Emaar Properties is a big believer in the future of real estate in Egypt, <\/strong>founder and Chairman Mohammed Alabbar told Amr Adib in a pre-recorded interview. The company is in talks to acquire land in the new capital and other areas around Egypt (<a href=\"https:\/\/www.youtube.com\/watch?v=6ItQPV2YpLw\">watch, runtime: 1:28<\/a>) and is also taking part in various government tenders, he said (<a href=\"https:\/\/www.youtube.com\/watch?v=nte3wHgNhDg\">watch, runtime: 0:46<\/a>). Emaar is also spending some EGP 1.5 bn on the marina it\u2019s building in its North Coast development Marassi, which it intends to put on the global map (<a href=\"https:\/\/www.youtube.com\/watch?v=nte3wHgNhDg\">watch, runtime: 2:11<\/a>).<\/p>\n<p><strong>Another Facebook breach? <\/strong>Tech expert Mostafa Abu Ghamra appeared on Hona Al Asema to discuss a hack that saw Facebook leak the personal information of some 50 mn users. His advice: Change your password as soon as possible and turn on two-step verification (<a href=\"https:\/\/www.youtube.com\/watch?v=8kicEroER7M\">watch, runtime: 26:15<\/a>). Adib also urged viewers to do the same (<a href=\"https:\/\/www.youtube.com\/watch?v=MlnYTMDmZaA\">watch, runtime: 1:12<\/a>).<\/p>\n<p><strong>Are railway drivers dodging random drug tests? <\/strong>Recent reports from the National Railway Authority\u2019s HR department indicate that many drivers and staff members have been avoiding random tests, which were instituted last year after a deadly train collision near Alexandria. according to Masaa DMC\u2019s Eman El Hosary. Staff members who refuse to take the test are suspended for six months, according to authority boss Ashraf Raslan, who claims that only 1.5-2% of the samples test positive (<a href=\"https:\/\/www.youtube.com\/watch?v=o48m0kaGGrQ\">watch, runtime: 13:00<\/a>).<\/p>\n<p>Meanwhile, <strong>water conservation and consumption were the topic of the night on Al Hayah Fi Misr<\/strong>, where Irrigation Ministry spokesperson Yousry Khafagy appeared to discuss measures the government has taken in that regard as well as cooperation with Nile Basin countries (<a href=\"https:\/\/www.youtube.com\/watch?v=Z8eMW0QwDD4\">watch, runtime: 30: 48<\/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=\"625170\" 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=\"625170\">\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\/30\/noble-delek-east-gas-sign-agreements-paving-the-way-for-gas-exports-to-your-favorite-new-regional-gas-export-hub\/\">\r\n                            Noble, Delek, East Gas sign agreements paving the way for gas exports to your favorite new regional gas export hub                        <\/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\/30\/noble-delek-east-gas-sign-agreements-paving-the-way-for-gas-exports-to-your-favorite-new-regional-gas-export-hub\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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This paves the way for the gas field operators to export natural gas to Egypt under a USD 15 bn agreement <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/20\/dolphinus-reportedly-signs-usd-15-bn-natural-gas-agreement-with-israel\/\">signed in February<\/a> with Alaa Arafa\u2019s Dolphinus Holdings. \u201c[The agreements] represent another major milestone toward Egypt\u2019s goal to become a regional energy hub, providing access to both growing domestic markets and existing LNG export facilities,\u201d <a href=\"http:\/\/investors.nblenergy.com\/news-releases\/news-release-details\/noble-energy-announces-pipeline-solution-leviathan-and-tamar-gas\">Noble Energy said in a press release<\/a> on Thursday morning. \u201cWith these agreements, we are securing the capacity to deliver on our firm gas sales agreement with Dolphinus for Leviathan while also allowing for interruptible sales from Tamar into Egypt,\u201d the statement read.<\/p>\n<p><strong>The mechanics of the agreement:<\/strong> The agreement grants the three companies access to EMG\u2019s 90 km pipeline connecting Israel\u2019s grid to Egypt\u2019s at El Arish, according to the statement. The partnership will pay USD 518 mn for the stake, with Noble and Delek each paying USD 185 mn, while East Gas will pay USD 148 mn, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1WD1AE\">Reuters reports<\/a>. Noble Energy will own an indirect and effective 10% stake in the pipeline.<\/p>\n<p><strong>Agreement opens up private sector natural gas import licenses\u2026 <\/strong>The Oil Ministry is ready to consider permit requests from the private sector to help Egypt become a regional hub for gas trading, Oil Ministry spokesperson Hamdi Abdel Aziz <a href=\"https:\/\/ent.news\/2018\/9\/2809.pdf\">said in a statement (pdf)<\/a>. \u201cThe ministry welcomes this new step by the private companies responsible for the commercial project\u2019s implementation,\u201d he said of the agreement. The Natural Gas Regulatory Authority postponed <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/12\/natural-gas-regulatory-authority-postpones-issuance-of-natgas-import-licenses\/\">earlier this month<\/a> the issuance of natural gas import licenses to private sector companies, ostensibly because the private sector was \u201cunprepared.\u201d EGAS has renewed preliminary approvals giving Qalaa\u2019s TAQA Arabia, BB Energy and Fleet Energy the import licenses.<\/p>\n<p><strong>\u2026and clears arbitration cases:<\/strong> \u201cThe [agreement] will also entail the settlement and waiver by the sellers, their shareholders and affiliates of any claims, actions or awards related to arbitrations against the Government of Egypt and state owned companies,\u201d according to an <a href=\"https:\/\/ent.news\/2018\/9\/1182.pdf\">emailed statement by Alliance Law Firm (pdf)<\/a>, which was buy-side legal counsel on the transaction. <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/\">Sources had told Bloomberg last month<\/a> that the Egyptian government has reached an agreement to reduce the USD 1.76 bn international arbitration ruling against EGAS, EGPC and East Mediterranean Gas (EMG) to around USD 470 mn and would be amortized over a period of around 15 years. Negotiations are with banks for financing to cover it.<\/p>\n<p><strong>Gas exports to begin in early 2019:<\/strong> \u201cThe partnership intends to act to close the transaction and begin piping natural gas from Israel to Egypt as early as the beginning of 2019,\u201d Delek said in a statement. By the end of 2019, 350 mcf\/d is expected to be pumped to Egypt from the gas fields, supplying around 64 bn cbm of gas over a 10-year period. Delek and its partners will begin working on reversing the flow of the EMG pipeline, which used to carry Egyptian gas to Israel. The companies still need to test the state of the pipeline, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-09-27\/delek-noble-and-egypt-sign-518-million-emg-gas-pipeline-deal\">according to Bloomberg<\/a>.<\/p>\n<p><strong>Delek has a short <\/strong><a href=\"http:\/\/ir.delek-group.com\/static-files\/a197ebc3-f83e-481c-bd3c-2e8d0f3c044d\"><strong>investor presentation <\/strong>(pdf)<\/a>and a <a href=\"http:\/\/ir.delek-group.com\/static-files\/9146ef07-86d7-475e-aeb8-caac3b92669f\">long statement (pdf)<\/a> breaking down the transaction.<\/p>\n<p><strong>It\u2019s all coming together nicely: <\/strong>Inking the 10-year agreement with Dolphinus is only the most recent step in Egypt\u2019s march to become the premier export hub of East Mediterranean gas to Europe and other markets. Egypt <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/20\/egypt-cyprus-sign-agreement-on-usd-1-bn-gas-pipeline\/\">signed an agreement with Cyprus last week<\/a>that would see the two sides build a USD 1 bn pipeline connecting gas from Cyprus\u2019 Aphrodite field to Egypt\u2019s liquefaction plants. Production at the supergiant Zohr field is ramping up, breaking the 2 bcf\/d mark <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/09\/zohr-production-output-reaches-2-bcf-d\/\">earlier this month<\/a>, bringing the country\u2019s total production up to 6.6 bcf\/d.<\/p>\n<p><strong>More yet to come: <\/strong>Eni and Tharwa Petroleum <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/\">were also said<\/a> to have kicked off drilling at the Noor gas field in North Sinai last week. Market expectations are high: Eni, which holds an 85% stake in the field, denied in recent months reports claiming that it had discovered 90 tcf of reserves there, or 3x as much as Zohr. The Oil Ministry had also signed in the past month new exploration agreements that are together worth more than USD 1 bn with Shell and Malaysia\u2019s Petronas, as well as Rockhopper, Kuwait Energy and Canada\u2019s Dover Corporation.<\/p>\n<p><strong>The story topped coverage of Egypt in the foreign press on Thursday<\/strong>, with all stating how historic it was. Bloomberg noted that Israeli energy stocks soared on Thursday, while some, <a href=\"https:\/\/www.haaretz.com\/israel-news\/noble-energy-israeli-energy-tycoon-buying-stake-in-egyptian-gas-pipeline-company-1.6511816\">including Haaretz<\/a>, are playing up how the agreement has brought the former enemies together.<\/p>\n<p><strong>Additional reading:<\/strong> Last month, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-08-08\/delek-noble-and-egypt-are-said-to-put-final-touches-on-gas-deal\">Bloomberg uncovered the web of offshore companies<\/a> that established the partnership, with a company based in Cyprus and another in the Netherlands. It also revealed that a 37% stake in EMG was bought by Sam Zell and Yosef Maiman, who won arbitration cases against Egypt.<\/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=\"625183\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625184\" 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=\"625184\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/theres-something-rotten-in-the-state-of-global-trade-says-unctad\/\">\r\n                            There\u2019s something rotten in the state of global trade, says UNCTAD                        <\/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\/30\/theres-something-rotten-in-the-state-of-global-trade-says-unctad\/\" 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\/30\/theres-something-rotten-in-the-state-of-global-trade-says-unctad\/')\">\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\/30\/theres-something-rotten-in-the-state-of-global-trade-says-unctad\/\">\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=There\u2019s something rotten in the state of global trade, says UNCTAD&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/theres-something-rotten-in-the-state-of-global-trade-says-unctad\/\">\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\/30\/theres-something-rotten-in-the-state-of-global-trade-says-unctad\/&title=There\u2019s something rotten in the state of global trade, says UNCTAD\">\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=There%E2%80%99s+something+rotten+in+the+state+of+global+trade%2C+says+UNCTAD+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Ftheres-something-rotten-in-the-state-of-global-trade-says-unctad%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\/30\/theres-something-rotten-in-the-state-of-global-trade-says-unctad\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625184\" class=\"content-area-description single-story post-625184 post type-post status-publish format-standard 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>There\u2019s something rotten in the state of global trade, says UNCTAD:<\/strong> The United Nations Conference on Trade and Development (UNCTAD) has issued a grim warning on what the state of global trade, corporate power and debt mean for emerging market economies.<\/p>\n<p><strong>The current system of multilateral and hyperglobalized trade is making the world less equal and fueling an economic malaise<\/strong>, whose symptoms include trade wars. \u201cWhile the economy has picked up since early 2017, growth remains spasmodic, and many countries are operating below potential,\u201d UNCTAD says in its Trade and Development Report 2018. \u201cThis year is unlikely to see a change of gear,\u201d the report says. \u201cThe immediate pressures are building around escalating tariffs and volatile financial flows but behind these threats to global stability is a wider failure \u2013 since 2008 \u2013 to address the inequities and imbalances of our hyperglobalized world,\u201d said UNCTAD Secretary-General Mukhisa Kituyi.<\/p>\n<p><strong>The report names two main culprits: <\/strong>Growing global debt, particularly among emerging economies, and concentration of corporate power. \u201cPrivate debt has exploded, especially in emerging markets and developing countries, whose share of global debt stock increased from 7% in 2007 to 26% in 2017,\u201d it said. Over the same period, the ratio of debts racked up by non-financial businesses in emerging markets increased from 56% in 2008 to 105%. On corporate domination, the report had this to say: \u201cRecent evidence from non-oil exports shows that, within the restricted circle of exporting firms, the top 1% accounted for 57% of country exports on average in 2014. The distribution of exports is thus highly skewed in favor of the largest firms.\u201d<\/p>\n<p><strong>Oh, and and UNCAD also writes that infrastructure investments typically fail to result in sustained economic growth.<\/strong> It blames the influence of finance and the increased reliance on the private sector for funding.<\/p>\n<p>You can catch the <a href=\"https:\/\/unctad.org\/en\/pages\/PublicationWebflyer.aspx?publicationid=2227\">landing page for the report here<\/a> or read <a href=\"https:\/\/unctad.org\/en\/PublicationsLibrary\/tdr2018_en.pdf\">the full report here (pdf)<\/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=\"625185\" 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=\"625185\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/is-egypts-calligraphy-scene-seeing-a-resurgence\/\">\r\n                            Is Egypt\u2019s calligraphy scene seeing a resurgence?                        <\/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\/30\/is-egypts-calligraphy-scene-seeing-a-resurgence\/\" 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\/30\/is-egypts-calligraphy-scene-seeing-a-resurgence\/')\">\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\/30\/is-egypts-calligraphy-scene-seeing-a-resurgence\/\">\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=Is Egypt\u2019s calligraphy scene seeing a resurgence?&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/is-egypts-calligraphy-scene-seeing-a-resurgence\/\">\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\/30\/is-egypts-calligraphy-scene-seeing-a-resurgence\/&title=Is Egypt\u2019s calligraphy scene seeing a resurgence?\">\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=Is+Egypt%E2%80%99s+calligraphy+scene+seeing+a+resurgence%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Fis-egypts-calligraphy-scene-seeing-a-resurgence%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\/30\/is-egypts-calligraphy-scene-seeing-a-resurgence\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/759.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625186\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/is-egypts-calligraphy-scene-seeing-a-resurgence\/759-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/759.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"759.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/759.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/759.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625185\" class=\"content-area-description single-story post-625185 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>Is Egypt\u2019s calligraphy scene seeing a resurgence? <\/strong>It would appear so, when looking at some of the modern uses of the ancient art form, Nick Leech <a href=\"https:\/\/www.thenational.ae\/arts-culture\/art\/kingdom-of-khatt-egypt-s-love-affair-with-calligraphy-in-pictures-1.774601\">writes for the National<\/a>. Cairo\u2019s urban landscape and art scene appear to be providing the fuel for this resurgence, according to Khatt: Egypt\u2019s Calligraphic Landscape, a new book by photographer Noha Zayed. Along with some stunning photos, the book surveys the continued popular use of hand-painted typography and calligraphy throughout Egypt in a series of essays and interviews.<\/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=\"625187\" 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=\"625187\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypts-rights-and-freedoms-take-another-beating-in-the-foreign-press\/\">\r\n                            Egypt\u2019s rights and freedoms take another beating in the foreign press                        <\/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\/30\/egypts-rights-and-freedoms-take-another-beating-in-the-foreign-press\/\" 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\/30\/egypts-rights-and-freedoms-take-another-beating-in-the-foreign-press\/')\">\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\/30\/egypts-rights-and-freedoms-take-another-beating-in-the-foreign-press\/\">\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\u2019s rights and freedoms take another beating in the foreign press&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypts-rights-and-freedoms-take-another-beating-in-the-foreign-press\/\">\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\/30\/egypts-rights-and-freedoms-take-another-beating-in-the-foreign-press\/&title=Egypt\u2019s rights and freedoms take another beating in the foreign press\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+rights+and+freedoms+take+another+beating+in+the+foreign+press+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Fegypts-rights-and-freedoms-take-another-beating-in-the-foreign-press%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypts-rights-and-freedoms-take-another-beating-in-the-foreign-press\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625187\" class=\"content-area-description single-story post-625187 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><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Egypt\u2019s rights and freedoms records took yet another beating in the foreign press over the weekend, <\/strong>with the case of Amal Fathy \u2014 an activist who was penalized after posting a video on social media speaking against [redacted] harassment \u2014 at center stage. <a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2018\/09\/egypt-woman-human-rights-defender-and-sexual-harassment-survivor-sentenced-for-speaking-out\/\">Amnesty International<\/a> called on authorities to \u201cimmediately and unconditionally release Fathy,\u201d who received a suspended two-year sentence on charges of \u201cspreading false news,\u201d <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-court\/egyptian-court-sentences-activist-to-jail-for-false-news-over-sexual-harassment-video-idUSKCN1M90GU\">says Reuters<\/a>. The story was widely picked up by news outlets including <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/egypt-convicts-activist-of-abuse-criticism-of-authorities\/2018\/09\/29\/012d5f38-c3f5-11e8-9451-e878f96be19b_story.html?noredirect=on&utm_term=.adf87814750e\">the AP<\/a>, <a href=\"https:\/\/www.ndtv.com\/world-news\/egypt-court-sentences-woman-activist-who-slammed-sexual-harassment-1924359\">AFP<\/a>, <a href=\"https:\/\/www.wsj.com\/articles\/egypt-sends-actress-to-jail-for-spreading-fake-news-over-sexual-harassment-1538222090?mod=searchresults&page=1&pos=2\">Wall Street Journal<\/a>, and <a href=\"https:\/\/www.washingtonpost.com\/world\/2018\/09\/29\/an-egyptian-woman-said-she-was-sexually-harassed-now-shes-been-sentenced-prison\/?noredirect=on&utm_term=.7af21bf8d46a\">Washington Post<\/a>.<\/p>\n<p><strong>Fathy\u2019s sentencing came one day after a group of UN human rights experts <\/strong><a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1WE55K\"><strong>issued a statement<\/strong><\/a><strong> criticizing Egypt <\/strong>for using its anti-terrorism law as a \u201cpretext\u201d for detaining rights defenders. Also on Friday, the Committee to Protect Journalists (CPJ) <a href=\"https:\/\/cpj.org\/2018\/09\/press-behind-bars-event-highlights-journalists-imp.php\">held a panel discussion<\/a> at the UN General Assembly where they singled out countries, including Egypt, for imprisoning journalists. All of that comes as <a href=\"https:\/\/www.economist.com\/middle-east-and-africa\/2018\/09\/29\/egypts-president-grows-even-more-intolerant-of-dissent\">the Economist<\/a> cited the recent arrests of retired diplomat Masoum Marzouk and a geology professor, as signs that authorities have grown \u201ceven more intolerant of dissent.\u201d<\/p>\n<p><strong>In policy shift, military said to be arming Bedouins: <\/strong>The Armed Forces appear to be arming Bedouin tribes in Sinai for Operation Sinai, in a shift of a longstanding policy of solely relying on them for intelligence, <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/egypt-arming-sinai-tribesmen-in-fight-against-islamic-state\/2018\/09\/27\/63b7df8a-c21e-11e8-9451-e878f96be19b_story.html?noredirect=on&utm_term=.af7285da8760\">writes Brian Rohan for the AP<\/a>. The change in tactic signals a positive shift in the relationship between Bedouins and the army. \u201cAt the very least, the cooperation shows local residents expect the army to win eventually,\u201d blogger Greenfly told the newswire. At the same time, the shift also highlights the success of the operation, which has driven Daesh out of coastal cities and into the interior of the Peninsula, requiring a greater role for the Bedouin.<\/p>\n<p>Other headlines worth noting in brief include:<\/p>\n<ul>\n<li><strong>Governor kicks Mickey Mouse out of school: <\/strong>The governor of Qaliubiya apparently ordered replacing paintings of Disney figures in Egyptian pre-schools with images of martyrs killed fighting militants, the <a href=\"https:\/\/abcnews.go.com\/International\/wireStory\/egypt-governor-remove-disney-figures-kindergartens-58150656\">Associated Press reports<\/a>. The idea has (of course) caused a ruckus on social media. <\/li>\n<li><strong>Theology wars claim another monk?<\/strong> An autopsy on a Coptic monk revealed signs of poisoning, <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/autopsy-on-dead-egyptian-monk-shows-signs-of-poisoning\/2018\/09\/27\/a5a197f4-c252-11e8-9451-e878f96be19b_story.html?noredirect=on&utm_term=.eaa802556c06\">the AP reports<\/a>. The monk had been posted to a monastery at which an abbot was killed over ecclesiastical disputes. <\/li>\n<li><strong>Trans rights in Egypt: <\/strong>Many Egyptian women believe transgender women should have the same rights, despite trans women having a difficult time living openly in Cairo, according to a Thomson Reuters Foundation poll <a href=\"https:\/\/www.reuters.com\/article\/us-global-rights-transgender-women\/exclusive-transgender-women-should-have-same-rights-as-other-women-reuters-poll-idUSKCN1M800H\">carried by Reuters<\/a>. \u201cA significant number\u201d of the respondents initially did not know what a transgender woman is. <\/li>\n<li><strong>Giza Plateau overhaul back on the menu: <\/strong>Egypt\u2019s Giza Plateau development project was revived when tourism began its recovery from its post-2011 slump, <a href=\"http:\/\/www.latimes.com\/world\/la-fg-egypt-giza-pyramids-20180928-story.html\">Los Angeles Times says<\/a>. <\/li>\n<li><strong>Another Brit gets food poisoning: <\/strong>Another British tourist was hospitalized in Egypt after allegedly contracting food poisoning at a Hurghada resort, <a href=\"https:\/\/www.mirror.co.uk\/news\/uk-news\/tui-holidaymaker-egypt-nearly-killed-13331779\">Daily Mirror says.<\/a> <\/li>\n<li><strong>Israeli tourism: <\/strong>Biblical vistas meet modern-day security as Israelis visit Sinai for the Sukkot holiday celebrations, <a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFL8N1WD2PQ\">Reuters<\/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=\"625188\" 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=\"625188\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/new-film-about-gay-men-in-the-middle-east-to-debut-in-secret-screening\/\">\r\n                            New film about gay men in the Middle East to debut in secret screening                        <\/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\/30\/new-film-about-gay-men-in-the-middle-east-to-debut-in-secret-screening\/\" 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\/30\/new-film-about-gay-men-in-the-middle-east-to-debut-in-secret-screening\/')\">\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\/30\/new-film-about-gay-men-in-the-middle-east-to-debut-in-secret-screening\/\">\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=New film about gay men in the Middle East to debut in secret screening&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/new-film-about-gay-men-in-the-middle-east-to-debut-in-secret-screening\/\">\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\/30\/new-film-about-gay-men-in-the-middle-east-to-debut-in-secret-screening\/&title=New film about gay men in the Middle East to debut in secret screening\">\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=New+film+about+gay+men+in+the+Middle+East+to+debut+in+secret+screening+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Fnew-film-about-gay-men-in-the-middle-east-to-debut-in-secret-screening%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\/30\/new-film-about-gay-men-in-the-middle-east-to-debut-in-secret-screening\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2267.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625189\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/new-film-about-gay-men-in-the-middle-east-to-debut-in-secret-screening\/2267-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2267.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2267.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2267.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/9\/2267.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625188\" class=\"content-area-description single-story post-625188 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>New film about gay men in the Middle East to debut in secret screening: <\/strong>Egyptian filmmaker Sam Abbas attempts to portray the \u201creality\u201d of gay men living in the Middle East in his new movie \u2018The Wedding.\u2019 The film, whose events center around the story of a secretly gay man as he prepares to marry a woman, \u201cwill show in secret, invitation-only screenings in the Middle East in November to protect viewers,\u201d <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1WE3EO\">according to Reuters<\/a> (<a href=\"https:\/\/www.youtube.com\/watch?v=amUvxKGgIvU\">watch the trailer, runtime: 2:23<\/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\/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=\"625190\" 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=\"625190\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/us-begins-talks-with-arab-officials-over-nato-style-regional-alliance\/\">\r\n                            US begins talks with Arab officials over NATO-style regional alliance                        <\/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\/30\/us-begins-talks-with-arab-officials-over-nato-style-regional-alliance\/\" 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\/30\/us-begins-talks-with-arab-officials-over-nato-style-regional-alliance\/')\">\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\/30\/us-begins-talks-with-arab-officials-over-nato-style-regional-alliance\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=US begins talks with Arab officials over NATO-style regional alliance&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/us-begins-talks-with-arab-officials-over-nato-style-regional-alliance\/\">\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\/30\/us-begins-talks-with-arab-officials-over-nato-style-regional-alliance\/&title=US begins talks with Arab officials over NATO-style regional alliance\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=US+begins+talks+with+Arab+officials+over+NATO-style+regional+alliance+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Fus-begins-talks-with-arab-officials-over-nato-style-regional-alliance%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\/30\/us-begins-talks-with-arab-officials-over-nato-style-regional-alliance\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625190\" class=\"content-area-description single-story post-625190 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>US begins talks with Arab officials over NATO-style regional alliance: <\/strong>US State Secretary Mike Pompeo met with the foreign ministers of Egypt, Saudi Arabia, UAE, Bahrain, Kuwait, Jordan, and Qatar in New York on Friday to further discussions on the creation of a NATO-style Arab military alliance to promote regional security. Talks on the establishment of the Middle East Strategic Alliance (MESA), which would combine forces from all eight countries, were \u201cproductive\u201d and are set to continue over the coming period, <a href=\"https:\/\/www.state.gov\/r\/pa\/prs\/ps\/2018\/09\/286302.htm\">the State Department said in a press release<\/a>. Little was added in the way of detail, apart from the fact that \u201call participants agreed on the need to confront threats from Iran directed at the region and the United States.\u201d Sources <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/29\/what-were-tracking-on-28-july-2018\/\">had said in July<\/a> that US President Donald Trump was planning an October summit to discuss the MESA with Arab leaders. US Deputy Assistant State Secretary for Persian Gulf Affairs Tim Lenderking has been on a tour of the region trying to win support for the alliance, <a href=\"https:\/\/www.presstv.com\/Detail\/2018\/09\/27\/575365\/US-Iran-Mesa-Arab-NATO-saudi-UAE-Qatar-Lenderking\">according to PressTV<\/a>.<\/p>\n<p><strong>Resolving the dispute between Doha and its neighbors is a necessary prerequisite to the MESA\u2019s establishment<\/strong>, Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani said, <a href=\"https:\/\/www.washingtonpost.com\/national\/us-pushes-forward-with-plans-for-anti-iran-arab-alliance\/2018\/09\/28\/4e04157e-c38f-11e8-9451-e878f96be19b_story.html?noredirect=on&utm_term=.8d2075238135\">the Associated Press reports<\/a>. He said that the situation was still at a deadlock. Egypt had joined Saudi, Bahrain, and the UAE in boycotting Qatar in mid-2017, demanding that the statelet sever ties with Iran, stop funding known terrorist organizations, and shut down news network Al Jazeera.<\/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=\"625191\" 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=\"625191\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/anrpc-launches-trial-operations-at-usd-219-mn-fuel-production-unit\/\">\r\n                            ANRPC launches trial operations at USD 219 mn fuel production unit                        <\/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\/30\/anrpc-launches-trial-operations-at-usd-219-mn-fuel-production-unit\/\" 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\/30\/anrpc-launches-trial-operations-at-usd-219-mn-fuel-production-unit\/')\">\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\/30\/anrpc-launches-trial-operations-at-usd-219-mn-fuel-production-unit\/\">\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=ANRPC launches trial operations at USD 219 mn fuel production unit&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/anrpc-launches-trial-operations-at-usd-219-mn-fuel-production-unit\/\">\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\/30\/anrpc-launches-trial-operations-at-usd-219-mn-fuel-production-unit\/&title=ANRPC launches trial operations at USD 219 mn fuel production unit\">\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=ANRPC+launches+trial+operations+at+USD+219+mn+fuel+production+unit+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Fanrpc-launches-trial-operations-at-usd-219-mn-fuel-production-unit%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\/30\/anrpc-launches-trial-operations-at-usd-219-mn-fuel-production-unit\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625191\" class=\"content-area-description single-story post-625191 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.238e155e-b283-4aaf-bdf0-5e7bad8dd85c.mp3\"><\/audio><\/figure>\n<p>The Alexandria National Refining and Petrochemicals Company (ANRPC) has launched trial operations at its new USD 219 mn octane production unit, <a href=\"https:\/\/ent.news\/2018\/9\/2824.pdf\">according to an Oil Ministry statement (pdf)<\/a>. The project will produce an annual 700k tonnes of 92-95 octane fuel, bringing the country\u2019s total output to 1.5 mn tonnes a year. The facility \u2014 which will direct its output toward the local market \u2014 will also produce an annual 38k tonnes of butane, as well as hydrogen. Oil Minister Tarek El Molla had previously said that ANRPC\u2019s new project is <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/14\/anrpc-to-begin-doubling-92-95-octane-production-next-month\/\">set to go live<\/a> next month. The minister said to expect more refining capacities to come online over the coming two years as the government steps up efforts to boost local production in order to reduce its fuel import bill.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625193\" 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=\"625193\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/bollore-toyota-and-nyk-to-build-car-trade-center-in-port-said\/\">\r\n                            Bollor\u00e9, Toyota and NYK to build car-trade center in Port Said                        <\/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\/30\/bollore-toyota-and-nyk-to-build-car-trade-center-in-port-said\/\" 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\/30\/bollore-toyota-and-nyk-to-build-car-trade-center-in-port-said\/')\">\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\/30\/bollore-toyota-and-nyk-to-build-car-trade-center-in-port-said\/\">\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=Bollor\u00e9, Toyota and NYK to build car-trade center in Port Said&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/bollore-toyota-and-nyk-to-build-car-trade-center-in-port-said\/\">\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\/30\/bollore-toyota-and-nyk-to-build-car-trade-center-in-port-said\/&title=Bollor\u00e9, Toyota and NYK to build car-trade center in Port Said\">\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=Bollor%C3%A9%2C+Toyota+and+NYK+to+build+car-trade+center+in+Port+Said+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Fbollore-toyota-and-nyk-to-build-car-trade-center-in-port-said%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\/30\/bollore-toyota-and-nyk-to-build-car-trade-center-in-port-said\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625193\" class=\"content-area-description single-story post-625193 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.bfbf4019-a6e1-4ba2-8807-ed0d1f721995.mp3\"><\/audio><\/figure>\n<p>The Suez Canal Authority signed on Friday a USD 220 mn initial agreement with France\u2019s Bollor\u00e9 Transport & Logistics, Japan\u2019s Toyota Alliance, and NYK to build a car trade terminal at the East Port Said Port, <a href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/1188362771320672?__xts__%5B0%5D=68.ARCqghx_Y43EwasUYsdck-WTNedQ_ro9ZEKd7cnN8EA-2yJDH3n0AX3GrfWufFZzeGYmvh6yOUwqxi4Fkj7-SbwzCXZdPzKrsI6KsuiE6DsRIGgbDMtITuUiCEPonVFA9ZGDUMvw2LrQOqqjq5QBoYplvTWZt6a1hqHKFXcKA6E269fhCusCmQ&__tn__=-R\">according to a statement<\/a>. The 240k sqm terminal will be constructed under a build-operate-transfer framework. The final contract will be inked within a month.<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625194\" 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=\"625194\">\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\/30\/india-offers-to-sell-egypt-rice-at-egp-6600-per-tonne\/\">\r\n                            India offers to sell Egypt rice at EGP 6,600 per tonne                        <\/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\/30\/india-offers-to-sell-egypt-rice-at-egp-6600-per-tonne\/\" 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\/30\/india-offers-to-sell-egypt-rice-at-egp-6600-per-tonne\/')\">\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\/30\/india-offers-to-sell-egypt-rice-at-egp-6600-per-tonne\/\">\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=India offers to sell Egypt rice at EGP 6,600 per tonne&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/india-offers-to-sell-egypt-rice-at-egp-6600-per-tonne\/\">\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\/30\/india-offers-to-sell-egypt-rice-at-egp-6600-per-tonne\/&title=India offers to sell Egypt rice at EGP 6,600 per tonne\">\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=India+offers+to+sell+Egypt+rice+at+EGP+6%2C600+per+tonne+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Findia-offers-to-sell-egypt-rice-at-egp-6600-per-tonne%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\/30\/india-offers-to-sell-egypt-rice-at-egp-6600-per-tonne\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625194\" class=\"content-area-description single-story post-625194 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\/.e0882866-1f08-4a47-9996-2e0bc2c24a45.mp3\"><\/audio><\/figure>\n<p>India has offered to sell Egypt rice at EGP 6,600 per tonne, the head of the Federation of Egyptian Industries\u2019 rice division, Ragab Shehata, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=28092018&id=5a529bab-b1c3-483e-8b7d-384de37da2e5\">told Al Shorouk<\/a>. Shehata did not clarify how much rice Egypt is looking to buy from India. A report from the US Agriculture Department\u2019s foreign service <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/23\/usda-report-expects-egypt-wheat-imports-to-slightly-increase\/\">expected Egypt to import<\/a> 300k tonnes of rice in FY2018-19 as production drops due to restrictions on the cultivation of water-intensive crops such as rice.<\/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=\"625195\" 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=\"625195\">\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\/30\/govt-plans-to-make-use-of-oyoun-moussas-therapeutic-tourism-potential\/\">\r\n                            Gov\u2019t plans to make use of Oyoun Moussa\u2019s therapeutic tourism potential                        <\/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\/30\/govt-plans-to-make-use-of-oyoun-moussas-therapeutic-tourism-potential\/\" 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\/30\/govt-plans-to-make-use-of-oyoun-moussas-therapeutic-tourism-potential\/')\">\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\/30\/govt-plans-to-make-use-of-oyoun-moussas-therapeutic-tourism-potential\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t plans to make use of Oyoun Moussa\u2019s therapeutic tourism potential&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/govt-plans-to-make-use-of-oyoun-moussas-therapeutic-tourism-potential\/\">\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\/30\/govt-plans-to-make-use-of-oyoun-moussas-therapeutic-tourism-potential\/&title=Gov\u2019t plans to make use of Oyoun Moussa\u2019s therapeutic tourism potential\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+plans+to+make+use+of+Oyoun+Moussa%E2%80%99s+therapeutic+tourism+potential+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Fgovt-plans-to-make-use-of-oyoun-moussas-therapeutic-tourism-potential%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\/30\/govt-plans-to-make-use-of-oyoun-moussas-therapeutic-tourism-potential\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625195\" class=\"content-area-description single-story post-625195 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\/.2a2e5df9-fafb-4ec5-a186-7a3ca22754f2.mp3\"><\/audio><\/figure>\n<p>The Madbouly government is looking to potentially collaborate with the Austrian and Hungarian governments to build a healing center in the city of El Tor in Sinai, as part of a plan to turn the area around Mount Sinai into a hotspot for medical tourism, <a href=\"https:\/\/almalnews.com\/Story\/391649\/15\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D8%B9%D9%8A%D9%88%D9%86-%D9%85%D9%88%D8%B3%D9%89-%D8%B3%D8%AA%D9%83%D9%88%D9%86-%D9%85%D8%B4%D9%81%D9%89-%D8%B3%D9%8A%D8%A7%D8%AD%D9%8A%D8%A7-%D9%83%D8%A8%D8%AD%D9%8A%D8%B1%D8%A9-%D9%87%D9%8A%D9%81%D9%8A%D8%B2-%D8%A7%D9%84%D9%85%D8%AC%D8%B1%D9%8A%D8%A9\">Al Mal reports<\/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\/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=\"625196\" 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=\"625196\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/ebrd-to-provide-banque-misr-with-additional-usd-50-mn-in-funding\/\">\r\n                            EBRD to provide Banque Misr with additional USD 50 mn in funding                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/ebrd-to-provide-banque-misr-with-additional-usd-50-mn-in-funding\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/ebrd-to-provide-banque-misr-with-additional-usd-50-mn-in-funding\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/ebrd-to-provide-banque-misr-with-additional-usd-50-mn-in-funding\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=EBRD to provide Banque Misr with additional USD 50 mn in funding&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/ebrd-to-provide-banque-misr-with-additional-usd-50-mn-in-funding\/\">\n                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href=\"https:\/\/api.whatsapp.com\/send?text=EBRD+to+provide+Banque+Misr+with+additional+USD+50+mn+in+funding+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Febrd-to-provide-banque-misr-with-additional-usd-50-mn-in-funding%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/ebrd-to-provide-banque-misr-with-additional-usd-50-mn-in-funding\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625196\" class=\"content-area-description single-story post-625196 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.16bef724-876a-49c7-a09b-767d1fa87f8c.mp3\"><\/audio><\/figure>\n<p>The European Bank for Reconstruction and Development (EBRD) is providing Banque Misr with a new USD 50 mn trade facility its Trade Facilitation Program (TFP), <a href=\"https:\/\/www.ebrd.com\/news\/2018\/ebrd-fosters-international-trade-in-egypt.html\">the lender said in a press release on Thursday.<\/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\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625197\" 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=\"625197\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/kazyon-looks-to-open-310-new-retail-outlets-by-2019-end\/\">\r\n                            Kazyon looks to open 310 new retail outlets by 2019-end                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/kazyon-looks-to-open-310-new-retail-outlets-by-2019-end\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/kazyon-looks-to-open-310-new-retail-outlets-by-2019-end\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/kazyon-looks-to-open-310-new-retail-outlets-by-2019-end\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Kazyon looks to open 310 new retail outlets by 2019-end&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/kazyon-looks-to-open-310-new-retail-outlets-by-2019-end\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/kazyon-looks-to-open-310-new-retail-outlets-by-2019-end\/&title=Kazyon looks to open 310 new retail outlets by 2019-end\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Kazyon+looks+to+open+310+new+retail+outlets+by+2019-end+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Fkazyon-looks-to-open-310-new-retail-outlets-by-2019-end%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/kazyon-looks-to-open-310-new-retail-outlets-by-2019-end\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625197\" class=\"content-area-description single-story post-625197 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\/.261edcea-a858-432a-8458-133e62361846.mp3\"><\/audio><\/figure>\n<p>Discount supermarket chain Kazyon is planning to increase the number of stores it operates by 310 stores by the end of 2019, Marketing Head Ismail Hafez told Amwal Al Ghad. The company presently owns 420 outlets across 17 governorates and is planning to add an average of 20 stores a month. Hafez made no mention of how much Kazyon plans to spend on expansions.<\/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=\"625198\" 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=\"625198\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/sczone-settles-egp-3-4-bn-worth-of-investor-disputes\/\">\r\n                            SCZone settles EGP 3.4 bn worth of investor disputes                        <\/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\/30\/sczone-settles-egp-3-4-bn-worth-of-investor-disputes\/\" 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\/30\/sczone-settles-egp-3-4-bn-worth-of-investor-disputes\/')\">\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\/30\/sczone-settles-egp-3-4-bn-worth-of-investor-disputes\/\">\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=SCZone settles EGP 3.4 bn worth of investor disputes&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/sczone-settles-egp-3-4-bn-worth-of-investor-disputes\/\">\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\/30\/sczone-settles-egp-3-4-bn-worth-of-investor-disputes\/&title=SCZone settles EGP 3.4 bn worth of investor disputes\">\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=SCZone+settles+EGP+3.4+bn+worth+of+investor+disputes+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Fsczone-settles-egp-3-4-bn-worth-of-investor-disputes%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\/30\/sczone-settles-egp-3-4-bn-worth-of-investor-disputes\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625198\" class=\"content-area-description single-story post-625198 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics 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\/.2f559ac2-28ff-4d72-b46e-dbf2a7c51796.mp3\"><\/audio><\/figure>\n<p>The Suez Canal Economic Zone (SCZone) has collected some EGP 3.4 bn from settling investor disputes dating back to 1998, <a href=\"https:\/\/alborsaanews.com\/2018\/09\/26\/1135920\">SCZone boss Mohab Mamish said<\/a>. The SCZone <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/30\/sczone-withdraws-land-allocated-to-eight-companies-for-failing-to-complete-projects\/\">had decided last month<\/a> to withdraw 41 mn sqm of land from companies for failing to complete projects on time.<\/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\/egypt-politics-economics\/\">Egypt Politics + Economics<\/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=\"625200\" 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=\"625200\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypt-to-host-u-23-afcon-from-8-22-november-2019\/\">\r\n                            Egypt to host U-23 AFCON from 8-22 November 2019                        <\/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\/30\/egypt-to-host-u-23-afcon-from-8-22-november-2019\/\" 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\/30\/egypt-to-host-u-23-afcon-from-8-22-november-2019\/')\">\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\/30\/egypt-to-host-u-23-afcon-from-8-22-november-2019\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt to host U-23 AFCON from 8-22 November 2019&url=https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypt-to-host-u-23-afcon-from-8-22-november-2019\/\">\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\/30\/egypt-to-host-u-23-afcon-from-8-22-november-2019\/&title=Egypt to host U-23 AFCON from 8-22 November 2019\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+to+host+U-23+AFCON+from+8-22+November+2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F09%2F30%2Fegypt-to-host-u-23-afcon-from-8-22-november-2019%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\/30\/egypt-to-host-u-23-afcon-from-8-22-november-2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625200\" class=\"content-area-description single-story post-625200 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.d61d3ab3-bd6c-4d55-97dc-9c5082ddf9d4.mp3\"><\/audio><\/figure>\n<p>Egypt will host the upcoming <a href=\"https:\/\/en.wikipedia.org\/wiki\/2019_Africa_U-23_Cup_of_Nations\">U-23 African Cup of Nations<\/a> football championship scheduled for 8-22 November 2019, <a href=\"http:\/\/www.cafonline.com\/en-US\/NewsCenter\/News\/NewsDetails?id=uLxLJ117lJ7E68bnx%2fVQWg%3d%3d\">according to the Confederation of African Football (CAF)<\/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\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625202\" 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=\"625202\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/new-balmain-collection-inspired-by-ancient-egypt\/\">\r\n                            New Balmain collection inspired by Ancient Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/new-balmain-collection-inspired-by-ancient-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n          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preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.b0a0b64b-040c-47c2-8ab9-0ba73ccd0f58.mp3\"><\/audio><\/figure>\n<p><a class=\"content-anchor\" id=\"tldr-story-10\"><\/a> <strong>New Balmain collection inspired by Ancient Egypt:<\/strong> French luxury fashion house Balmain featured pyramids, hieroglyphics, and even Nefertiti\u2019s face in its Spring 2019 collection, <a href=\"https:\/\/www.businessoffashion.com\/articles\/fashion-show-review\/balmain-brings-egypt-to-paris\">Business of Fashion reports<\/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\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n        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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<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.85 | Sell 17.95<strong><\/p>\n<p>EGP \/ USD at CIB:<\/strong> Buy 17.86 | Sell 17.96<\/p>\n<p><strong>EGP \/ USD at NBE: <\/strong>Buy 17.78 | Sell 17.88<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 14,632 (+0.1%)<\/p>\n<p><strong>Turnover:<\/strong> EGP 1.9 bn (151% ABOVE the 90-day average)<\/p>\n<p><strong>EGX 30 year-to-date<\/strong>: -2.6%<\/p>\n<p><strong>THE MARKET ON Thursday:<\/strong> The EGX30 index ended Thursday\u2019s session up 0.1%. CIB, the index heaviest constituent ended up 0.7%. EGX30\u2019s top performing constituents were Egyptian Resorts up 5.8%, Eastern Co. up 5.0%, and Egyptian Iron and Steel up 2.4%. Thursday\u2019s worst performing stocks were Edita down 9.1%, SODIC down 4.4%, and Orascom Investment Holding down 2.6%. The market turnover was EGP 1.9 bn, and foreign investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -514.7 mn<\/p>\n<p><strong>Regional<\/strong>: Net Long | EGP +250.4 mn<\/p>\n<p><strong>Domestic<\/strong>: Net Long | EGP +264.2 mn<\/p>\n<p><strong>Retail<\/strong>: 27.9% of total trades | 34.9% of buyers | 21.0% of sellers<\/p>\n<p><strong>Institutions<\/strong>: 72.1% of total trades | 65.1% of buyers | 79.0% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 59.5% of total | 46.0% of buyers | 73.0% of sellers<\/p>\n<p><strong>Regional:<\/strong> 10.0% of total | 16.6% of buyers | 3.4% of sellers<\/p>\n<p><strong>Domestic:<\/strong> 30.5% of total | 37.4% of buyers | 23.6% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 73.25 (+1.57%)<\/p>\n<p><strong>Brent:<\/strong> USD 82.73 (+1.66%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.01 MMBtu, (-1.57%, Nov 2018 contract)<\/p>\n<p><strong>Gold:<\/strong> USD 1,196.20 \/ troy ounce (+0.74%)<\/p>\n<p><strong>TASI:<\/strong> 7,898.68 (+0.06%) (YTD: +9.30%)<\/p>\n<p><strong>ADX:<\/strong> 4,947.92 (+0.36%) (YTD: +12.49%)<\/p>\n<p><strong>DFM:<\/strong> 2,825.76 (+1.81%) (YTD: -16.15%)<\/p>\n<p><strong>KSE Premier Market:<\/strong> 5,345.74 (+0.17%)<\/p>\n<p><strong>QE:<\/strong> 9,784.31 (+0.57%) (YTD: +14.79%)<\/p>\n<p><strong>MSM:<\/strong> 4,523.82 (+0.50%) (YTD: -11.29%)<\/p>\n<p><strong>BB: <\/strong>1,348.60 (-0.12%) (YTD: +1.27%)<\/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=\"625206\" 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\/30\/625206\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625206\" class=\"content-area-description single-story post-625206 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>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>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 under a directive from President Abdel Fattah El Sisi.<\/p>\n<p>01 October (Monday): First day of trading on shares in CIRA\u2019s IPO.<\/p>\n<p>02 October (Tuesday): House of Representatives due back in session for its fourth term.<\/p>\n<p>03 October (Wednesday): Egypt\u2019s Emirates NBD PMI for September released.<\/p>\n<p>03-10 October (Wednesday-Wednesday): Subscription period for Sarwa Capital\u2019s IPO.<\/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>03-06 November (Saturday-Tuesday): <a href=\"https:\/\/wyfegypt.com\/\">World Youth Forum 2018<\/a>, Maritim Jolie Ville Golf Course, Sharm El Sheikh, Egypt.<\/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>06-07 November (Tuesday-Wednesday): <a href=\"https:\/\/www.iif.com\/events\/iif-event\/2018-iif-mena-financial-summit\">2018 IIF MENA Financial Summit<\/a>, Al Maryah Island, Abu Dhabi, United Arab Emirates<\/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":625164,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-625163","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"9813370a-4f90-49d6-895a-8ae046f16747","teaser":"","photo_url":"https:\/\/ent.news\/2018\/9\/1111.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gas dream comes true. 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