{"id":625542,"date":"2018-08-08T03:27:50","date_gmt":"2018-08-08T03:27:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=625542"},"modified":"2025-12-17T08:39:55","modified_gmt":"2025-12-17T08:39:55","slug":"the-dog-days-of-summer","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/the-dog-days-of-summer\/","title":{"rendered":"The dog days of summer"},"content":{"rendered":"<section id=\"625544\" 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=\"625544\">\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\/08\/08\/what-were-tracking-on-8-august-2018\/\">\r\n                            What we\u2019re tracking on 8 August 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\/08\/08\/what-were-tracking-on-8-august-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\/08\/08\/what-were-tracking-on-8-august-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\/08\/08\/what-were-tracking-on-8-august-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 8 August 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/what-were-tracking-on-8-august-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\/08\/08\/what-were-tracking-on-8-august-2018\/&title=What we\u2019re tracking on 8 August 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+8+August+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fwhat-were-tracking-on-8-august-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\/08\/08\/what-were-tracking-on-8-august-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625544\" class=\"content-area-description single-story post-625544 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 accidental diplomacy issue here at Enterprise<\/strong>, with the local press being largely preoccupied with foreign affairs as the business community (a) tends to its knitting during earnings season; (b) decamps to Sahel or (c) both, simultaneously.<\/p><p><strong>The biggest news on the diplomacy front: <\/strong>Sameh Shoukry\u2019s very busy day in Washington, DC (see Diplomacy + Foreign Trade, below) and the deepening row between Canada and Saudi Arabia (see Speed Round, also below).<\/p><p><strong>The biggest business news of the day: Elon Musk is mulling whether to take Tesla private.<\/strong> \u201cAm considering taking Tesla private at USD 420. Funding secured,\u201d <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1026872652290379776?mod=article_inline\">Musk tweeted<\/a>. \u201cShareholders could either to sell at 420 or hold shares &amp; go private,\u201d he added in <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1026894228541071360?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1026894228541071360&amp;ref_url=https%3A%2F%2Fwww.wsj.com%2Farticles%2Felon-musks-twitter-account-am-considering-taking-tesla-private-at-420-1533661152\">a follow-up tweet<\/a>. His message followed a report that a Saudi investment fund had taken a nearly 5% stake in Tesla. If he follows through, the move would be the biggest buyout in history, with a valuation of USD 70 bn, <a href=\"https:\/\/www.wsj.com\/articles\/elon-musks-twitter-account-am-considering-taking-tesla-private-at-420-1533661152\">according to the Wall Street Journal<\/a>.<\/p><p><strong>Turkey \u2014 the cautionary tale of EMs: <\/strong>At one point in time Turkey was the darling of emerging market investors, with the lionshare of credit given to then prime minister and current President Recep Tayyip Erdogan. The unraveling of the lira, particularly as it reached a record low over the past few days, has exposed just how far Turkey has fallen from grace. The state of the lira, how the Erdogan administration scared off bulls, and the impact this has had on bond yields and equities is the subject of a series of pieces <a href=\"https:\/\/www.ft.com\/content\/686f156c-9a36-11e8-9702-5946bae86e6d\">in the Financial Times<\/a> that is certainly worth checking out. It\u2019s spelled k-a-r-m-a.<\/p><p><strong>Also on our radar this morning: <\/strong><\/p><p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> Also in the FT: The salmon-colored paper has one of the best roundups of advice we\u2019ve seen in a long time for <a href=\"https:\/\/www.ft.com\/content\/77ce9644-5473-11e8-b24e-cad6aa67e23e?tagToFollow=09bb2556-3f0d-4aa0-86c9-52a84c37726f\"><strong>bosses who are struggling to lead growing teams<\/strong><\/a><strong>.<\/strong><\/p><p><strong>You think of eating my lunch, I shoot your dog: <\/strong>We\u2019ve written a couple of times in recent months about big consultancies looking to gobble up business previously handled by ad agencies. Now the Omnicoms of the world are fighting back, getting into corporate consulting by <a href=\"https:\/\/www.businessinsider.com\/huge-consulting-firms-are-coming-after-the-ad-agency-business-heres-how-agencies-are-fighting-back-2018-8\">launching or buying-up consulting practices<\/a>.<\/p><p><strong>We collectively used the world\u2019s entire natural resources budget for 2018 in the first seven months of the year<\/strong>, HSBC says in a note to mark <a href=\"https:\/\/www.businessinsider.com\/what-is-earth-overshoot-day-2018-why-earlier-than-ever-2018-7\">Earth Overshoot Day<\/a>. The conclusion: Business and government are \u201cnot adequately prepared for climate impacts, nor are they using natural resources efficiently,\u201d the bank writes, according to a piece by <a href=\"https:\/\/www.businessinsider.com\/hsbc-warns-earth-is-running-out-of-resources-for-life-2018-8\">Business Insider<\/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\/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=\"625545\" 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-bm4ud23\" data-v=\"4\" data-block-id=\"bm4ud23\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-bm4ud23-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-bm4ud23-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-5lvm1b8\" data-v=\"4\" data-block-id=\"5lvm1b8\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-5lvm1b8-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-5lvm1b8-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            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-2awxgcv\" data-v=\"4\" data-block-id=\"2awxgcv\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-2awxgcv-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-2awxgcv-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/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-3uuby2v\" data-v=\"4\" data-block-id=\"3uuby2v\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-3uuby2v-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-3uuby2v-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 stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625546\" 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=\"625546\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/cabinet-approves-draft-data-protection-act\/\">\r\n                            Cabinet approves draft Data Protection Act                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/cabinet-approves-draft-data-protection-act\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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approves draft Data Protection Act&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/cabinet-approves-draft-data-protection-act\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/cabinet-approves-draft-data-protection-act\/&title=Cabinet approves draft Data Protection Act\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Cabinet+approves+draft+Data+Protection+Act+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fcabinet-approves-draft-data-protection-act%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/cabinet-approves-draft-data-protection-act\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625546\" class=\"content-area-description single-story post-625546 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>The Madbouly Cabinet\u2019s approval of a draft Data Protection Act during its weekly meeting<\/strong> yesterday was the main topic of concern for the talking heads last night. We have all the details on the legislation and other key decisions taken by the Council of Ministers in Speed Round, below.<\/p>\n<p><strong>The legislation is meant to improve data security within Egypt and regulate the cross-border transfer of data <\/strong>(whatever that means), Cabinet Spokesperson Ashraf Sultan told Yahduth fi Masr\u2019s Sherif Amer (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/649444172100559\/\">watch, runtime: 2:32<\/a>). The ICT Ministry\u2019s legislative committee head Mohamed Hegazy also recapped some of the main features of the bill on Hona Al Asema (<a href=\"https:\/\/www.youtube.com\/watch?v=nHGl9Gvpkh0\">watch, runtime: 9:16<\/a>), while House Rep. Nedal El Saeed phoned into Masaa DMC to tell Osama Kamal that the House of Representatives will begin its review of the legislation in October (<a href=\"https:\/\/www.youtube.com\/watch?v=jJIqikGqIvg\">watch, runtime: 4:27<\/a>).<\/p>\n<p><strong>Trade Minister Amr Nassar issued a decision to repeal a levy on sugar exports<\/strong> that had been <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/13\/egp-3000-tax-imposed-on-each-tonne-of-exported-sugar\/\">imposed by former Minister Tarek Kabil<\/a> last year, <a href=\"http:\/\/almalnews.com\/Story\/385452\/14\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D9%8A%D9%84%D8%BA%D9%8A-%D9%82%D8%B1%D8%A7%D8%B1-%D8%B1%D8%B3%D9%85-%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1-%D8%A7%D9%84%D8%B3%D9%83%D8%B1-%D8%A7%D9%84%D8%A8%D8%A7%D9%84%D8%BA-3-%D8%A2%D9%84%D8%A7%D9%81-%D8%AC%D9%86%D9%8A%D9%87-%D9%84%D9%84%D8%B7%D9%86\">Al Mal reports<\/a>. Exporters had been required to pay a EGP 3,000 tax per tonne of sugar they exported.<\/p>\n<p><strong>Industry figures are divided on what the move means for the market:<\/strong> Federation of Egyptian Chambers of Commerce head Ahmed El Wakil thinks the move is several months too late, since Egypt has had a surplus of sugar for some time now, which could have been exported earlier. Former head of the Federation of Egyptian Industries\u2019 sugar division Rafat Rozeika, meanwhile, says Egypt imports as much as 1 mn tonnes of sugar to meet local consumption needs, meaning the levy should have remained in place. Repealing the tax may require more imports and could even risk a repeat of the 2016 shortage, he told Hona Al Asema (<a href=\"https:\/\/www.youtube.com\/watch?v=P-to-0TVZGw&t=10s\">watch, runtime: 11:25<\/a>).<\/p>\n<p><strong>Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan\u2019s visit to Cairo<\/strong> yesterday was also a main topic point for Ittihadiya Spokesperson Bassam Rady on Masaa DMC (<a href=\"https:\/\/www.youtube.com\/watch?v=QEvw_ek1iMg\">watch, runtime: 6:46<\/a>), while Yahduth fi Masr\u2019s Sherif Amer and Al Hayah fi Masr\u2019s Kamal Mady (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/649468202098156\/\">watch, runtime: 1:44<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=LouxHpnQUso\">runtime: 6:25<\/a>).<\/p>\n<p><strong>Plans to reduce the number of workdays for state bureaucrats stems from a general dissatisfaction with the level of performance<\/strong> coming out of state bodies, Rep. Abdel Fattah Mohamed said on Masaa DMC, because, you know, MPs really have got it together. Mohamed confirmed that the idea is still under study and noted that Parliament hasn\u2019t been involved in any discussions since it is currently on its summer recess. He did not clarify whether parliament\u2019s sign-off on the final strategy would be required (<a href=\"https:\/\/www.youtube.com\/watch?v=nw1nrcnvBN8\">watch, runtime: 5:22<\/a>).<\/p>\n<p><strong>Authorities should gradually allow fans to attend football matches again, starting with university students<\/strong>, Rep. Farag Amer told Masaa DMC\u2019s Osama Kamal. Amer argued that tighter security measures inside stadiums will make it possible for fans to return without problems (<a href=\"https:\/\/www.youtube.com\/watch?v=BlgGIT5X3mg&t=1s\">watch, runtime: 7:42<\/a>).<\/p>\n<p>Hona Al Asema\u2019s Dina Zahraa held a <strong>roundtable discussion on the future of print journalism in a digital era<\/strong> with Press Syndicate head Abdel Mohsen Salama and Dar Al Hilal Publishing House Chairman (<a href=\"https:\/\/www.youtube.com\/watch?v=9GvE5mdNz7M\">watch, runtime: 22:08<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625547\" 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=\"625547\">\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\/08\/08\/fra-issues-new-regs-on-licensing-of-microfinance-firms-sets-minimum-capital-at-egp-15-mn\/\">\r\n                            FRA issues new regs on licensing of microfinance firms, sets minimum capital at EGP 15 mn                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/fra-issues-new-regs-on-licensing-of-microfinance-firms-sets-minimum-capital-at-egp-15-mn\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/fra-issues-new-regs-on-licensing-of-microfinance-firms-sets-minimum-capital-at-egp-15-mn\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/fra-issues-new-regs-on-licensing-of-microfinance-firms-sets-minimum-capital-at-egp-15-mn\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=FRA issues new regs on licensing of microfinance firms, sets minimum capital at EGP 15 mn&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/fra-issues-new-regs-on-licensing-of-microfinance-firms-sets-minimum-capital-at-egp-15-mn\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/fra-issues-new-regs-on-licensing-of-microfinance-firms-sets-minimum-capital-at-egp-15-mn\/&title=FRA issues new regs on licensing of microfinance firms, sets minimum capital at EGP 15 mn\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=FRA+issues+new+regs+on+licensing+of+microfinance+firms%2C+sets+minimum+capital+at+EGP+15+mn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Ffra-issues-new-regs-on-licensing-of-microfinance-firms-sets-minimum-capital-at-egp-15-mn%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/fra-issues-new-regs-on-licensing-of-microfinance-firms-sets-minimum-capital-at-egp-15-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625547\" class=\"content-area-description single-story post-625547 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>REGULATION WATCH- FRA issues new regs on licensing of microfinance providers, sets minimum capital at EGP 15 mn: <\/strong>The Financial Regulatory Authority (FRA) issued amendments yesterday to the regulations that govern the establishment and licensing of microfinance firms, <a href=\"https:\/\/www.youm7.com\/story\/2018\/8\/7\/%D8%A7%D9%84%D8%B1%D9%82%D8%A7%D8%A8%D8%A9-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%AA%D8%B4%D8%AA%D8%B1%D8%B7-%D9%85%D9%88%D8%A7%D9%81%D9%82%D8%AA%D9%87%D8%A7-%D9%82%D8%A8%D9%84-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D8%B4%D8%B1%D9%83%D8%A9-%D9%84%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D9%85%D8%AA%D9%86%D8%A7%D9%87%D9%89-%D8%A7%D9%84%D8%B5%D8%BA%D8%B1\/3901632\">Youm7 reports<\/a>. Under new rules, microfinance outfits must have a minimum issued capital of EGP 15 mn and initial paid-in capital that is equal to at least 50% of that amount and which increases gradually over a three-year period. The rules also stipulate that no one person, entity, or group can own more than 49% of a microfinance firm without receiving a non-objection from the FRA.<\/p>\n<p><strong>What about licensing fees? <\/strong>The annual licensing fees that microlenders will have to pay \u2014 which have been capped at EGP 100k \u2014 will be equivalent to 1% of their paid-in capital and increase gradually as capital rises. The FRA will also be claiming a quarterly tithe of 0.05% of the total funding extended by a firm during the three-month period. The FRA had <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/17\/shalakany-law-office-explains-new-licensing-regs-for-nbfis\/\">issued new regulations in May<\/a> for the licensing of non-banking financial institutions, which set out stipulations on ownership structure and regulatory framework.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625557\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625558\" 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=\"625558\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Up Next<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/what-were-tracking-this-week-and-beyond-101\/\">\r\n                            What we\u2019re tracking this week and beyond                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/what-were-tracking-this-week-and-beyond-101\/\" 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\/08\/08\/what-were-tracking-this-week-and-beyond-101\/')\">\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\/08\/08\/what-were-tracking-this-week-and-beyond-101\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking this week and beyond&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/what-were-tracking-this-week-and-beyond-101\/\">\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\/08\/08\/what-were-tracking-this-week-and-beyond-101\/&title=What we\u2019re tracking this week and beyond\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+and+beyond+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fwhat-were-tracking-this-week-and-beyond-101%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\/08\/08\/what-were-tracking-this-week-and-beyond-101\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625558\" class=\"content-area-description single-story post-625558 post type-post status-publish format-standard hentry category-up-next tag-enterpriseam tag-up-next wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EFIA to meet with FinMin some time next week to discuss Customs Act<\/strong>: The Egyptian Federation of Investors Associations (EFIA) will meet with Finance Minister Mohamed Maait next week to discuss their remarks on the latest draft of the Customs Act, deputy EFIA head Mohamed El Morshedy said yesterday. The federation\u2019s reservations on the act are similar to those the Federation of Egyptian Industries\u2019 had come up with and was expected to discuss with the ministry this week. Among their concerns are that penalties for customs evasion are too severe.<\/p>\n<p><strong>The Emirates NBD purchasing managers\u2019 index for Egypt will be released on Sunday<\/strong>, 12 August, covering July 2018.<\/p>\n<p><strong>The central bank will next consider interest rates on Thursday<\/strong>, 16 August.<\/p>\n<p>Orange Egypt\u2019s board of directors is meeting on 27 August to look into<strong> the company\u2019s proposal for a voluntary delisting<\/strong>.<\/p>\n<p><strong>A delegation of 60 unnamed US companies is set to visit Egypt in October to explore potential investments<\/strong> across a variety of sectors. A Japanese trade delegation is also due to visit the new capital and Suez Canal by the end 2018.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/up-next\/\">Up Next<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625559\" 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=\"625559\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/oil-stocks-appear-to-be-falling-out-of-favor-with-em-investors\/\">\r\n                            Oil stocks appear to be falling \u201cout of favor\u201d with EM investors                        <\/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\/08\/08\/oil-stocks-appear-to-be-falling-out-of-favor-with-em-investors\/\" 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\/08\/08\/oil-stocks-appear-to-be-falling-out-of-favor-with-em-investors\/')\">\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\/08\/08\/oil-stocks-appear-to-be-falling-out-of-favor-with-em-investors\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Oil stocks appear to be falling \u201cout of favor\u201d with EM investors&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/oil-stocks-appear-to-be-falling-out-of-favor-with-em-investors\/\">\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\/08\/08\/oil-stocks-appear-to-be-falling-out-of-favor-with-em-investors\/&title=Oil stocks appear to be falling \u201cout of favor\u201d with EM investors\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Oil+stocks+appear+to+be+falling+%E2%80%9Cout+of+favor%E2%80%9D+with+EM+investors+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Foil-stocks-appear-to-be-falling-out-of-favor-with-em-investors%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\/08\/08\/oil-stocks-appear-to-be-falling-out-of-favor-with-em-investors\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/661.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625560\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/oil-stocks-appear-to-be-falling-out-of-favor-with-em-investors\/661-jpg-23\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/661.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"661.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/661.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/661.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625559\" class=\"content-area-description single-story post-625559 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Energy plays haves slipped out of favour with emerging market equity funds<\/strong>, Steve Johnson writes for <a href=\"https:\/\/www.ft.com\/content\/d805c29a-90e5-11e8-b639-7680cedcc421?tagToFollow=9fcbd277-102b-4669-b9ee-502c81922ab3\">the Financial Times<\/a>, \u201cin what appears to be a structural trend, rather than a cyclical one driven by weak oil prices.\u201d A new study by Copley Fund Research shows that \u201c12% of EM equity funds now hold no oil stocks \u2026 This is a marked change from the period up to 2012, when virtually every fund held at least one oil and gas company stock.\u201d In the past, oil stocks had fallen in and out of demand based on movements in global prices. Despite the rally in oil prices over the last several months, however, \u201cthere are quite a few funds who are happy to hold nothing,\u201d says Copley founder Steven Holden.<\/p>\n<p><strong>So what\u2019s new this time? <\/strong>Tech plays are winning new allocations, but perhaps a bigger issue is \u201c<strong>the seemingly unstoppable rise of mantras such as \u201cESG\u201d<\/strong>, which involves taking environmental, social and corporate governance issues into account in an investment decision.\u201d This makes things more difficult for oil companies, particularly in emerging markets \u2014 some of which are considered the world\u2019s \u201cbiggest contributors to global warming, and therefore, climate change,\u201d Mirabaud Asset Management\u2019s Daniel Tubbs says, explaining that as part of a firm\u2019s \u201cfiduciary duty\u201d to clients, \u201cwe are looking for long-term exposure to sustainability trends.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"625561\" 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=\"625561\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/new-york-times-photo-essay-on-the-health-hazards-of-living-next-door-to-a-cement-factory-in-alexandria\/\">\r\n                            New York Times photo essay on the health hazards of living next-door to a cement factory in Alexandria                        <\/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\/08\/08\/new-york-times-photo-essay-on-the-health-hazards-of-living-next-door-to-a-cement-factory-in-alexandria\/\" 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\/08\/08\/new-york-times-photo-essay-on-the-health-hazards-of-living-next-door-to-a-cement-factory-in-alexandria\/')\">\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\/08\/08\/new-york-times-photo-essay-on-the-health-hazards-of-living-next-door-to-a-cement-factory-in-alexandria\/\">\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 York Times photo essay on the health hazards of living next-door to a cement factory in Alexandria&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/new-york-times-photo-essay-on-the-health-hazards-of-living-next-door-to-a-cement-factory-in-alexandria\/\">\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\/08\/08\/new-york-times-photo-essay-on-the-health-hazards-of-living-next-door-to-a-cement-factory-in-alexandria\/&title=New York Times photo essay on the health hazards of living next-door to a cement factory in Alexandria\">\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+York+Times+photo+essay+on+the+health+hazards+of+living+next-door+to+a+cement+factory+in+Alexandria+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fnew-york-times-photo-essay-on-the-health-hazards-of-living-next-door-to-a-cement-factory-in-alexandria%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\/08\/08\/new-york-times-photo-essay-on-the-health-hazards-of-living-next-door-to-a-cement-factory-in-alexandria\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1214.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625562\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/new-york-times-photo-essay-on-the-health-hazards-of-living-next-door-to-a-cement-factory-in-alexandria\/1214-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1214.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1214.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1214.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1214.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625561\" class=\"content-area-description single-story post-625561 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><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Residents in an Alexandria neighborhood claim they\u2019re developing health problems because they are \u201cdirectly in the path\u201d of a nearby cement plant\u2019s emissions.<\/strong> A photo essay <a href=\"https:\/\/www.nytimes.com\/2018\/08\/07\/lens\/egyptian-neighborhood-breathing-toxic-dust.html\">carried by the New York Times<\/a> depicts the health hazards endured by the residents of Wadi El Qamar in western Alexandria as a result of their proximity to <a href=\"http:\/\/titancementegypt.com\/alexandria-portland-cement-company-apcc\/\">Titan Cement<\/a>\u2019s Alexandria Portland Cement Company. The photo essay is by Egyptian photographer Mohamed Mahdy and claims that residents \u201chave repeatedly filed complaints to the Ministry of Environment and taken legal steps against the factory over its harmful emissions. But rather than address the issue, the plant urged the community members, most of whom are impoverished, to relocate.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"625563\" 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=\"625563\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/commentary-on-david-kirkpatricks-book-on-egypt-begins-picking-up-steam-in-the-foreign-press\/\">\r\n                            Commentary on David Kirkpatrick\u2019s book on Egypt begins picking up steam 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\/08\/08\/commentary-on-david-kirkpatricks-book-on-egypt-begins-picking-up-steam-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\/08\/08\/commentary-on-david-kirkpatricks-book-on-egypt-begins-picking-up-steam-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\/08\/08\/commentary-on-david-kirkpatricks-book-on-egypt-begins-picking-up-steam-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=Commentary on David Kirkpatrick\u2019s book on Egypt begins picking up steam in the foreign press&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/commentary-on-david-kirkpatricks-book-on-egypt-begins-picking-up-steam-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\/08\/08\/commentary-on-david-kirkpatricks-book-on-egypt-begins-picking-up-steam-in-the-foreign-press\/&title=Commentary on David Kirkpatrick\u2019s book on Egypt begins picking up steam 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=Commentary+on+David+Kirkpatrick%E2%80%99s+book+on+Egypt+begins+picking+up+steam+in+the+foreign+press+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fcommentary-on-david-kirkpatricks-book-on-egypt-begins-picking-up-steam-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\/08\/08\/commentary-on-david-kirkpatricks-book-on-egypt-begins-picking-up-steam-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-625563\" class=\"content-area-description single-story post-625563 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Topping coverage of Egypt in the foreign press this morning <\/strong><a href=\"http:\/\/www.africanews.com\/2018\/08\/07\/egypt-foreign-debt-up-by-over-10-percent\/\"><strong>are repeated wire pickups<\/strong><\/a><strong> of Egypt\u2019s debt<\/strong> growing to USD 88.2 bn in 3Q2017-18.<\/p>\n<p><strong>As David Kirkpatrick\u2019s book on the upheavals in Egypt between 2011 and 2013 hit the stands yesterday<\/strong>, and reviews and commentary have begun flooding the foreign press. <a href=\"https:\/\/www.npr.org\/2018\/08\/07\/636254979\/america-s-role-in-deposing-the-first-democratically-elected-president-of-egypt\">NPR\u2019s Terry Gross<\/a> had a lengthy chat with Kirkpatrick about the book, focusing specifically on the former New York Times Cairo bureau chief\u2019s analysis of how successive US administrations have \u201ccontributed to chaos in Egypt.\u201d Kirkpatrick is particularly critical of the Obama administration for how it handled the ouster of former President Mohamed Morsi. According to Kirkpatrick, there was a large amount of \u201cdiscord\u201d within the administration\u2019s top brass on the issue, which culminated in the White House \u201cwatching Arab democracy fall.\u201d<\/p>\n<p>In a review for the <a href=\"https:\/\/www.nytimes.com\/2018\/08\/07\/books\/review\/david-d-kirkpatrick-into-the-hands-of-the-soldiers.html\">NYT, veteran Cairo hand Steve Negus<\/a> writes of Kirkpatrick\u2019s \u201cengrossing account\u201d of the events from the 2011 revolution until the 2013 uprising that brought President Abdel Fattah El Sisi to power. \u201c\u2018Into the Hands of the Soldiers\u2019 is a journalist\u2019s eye view, not a comprehensive history. Kirkpatrick ignores or skips quickly through key grievances of the anti-Morsi movement, both the contrived \u2026 and the genuine,\u201d Negus says, but is still an exceptional work: \u201cKirkpatrick gives an unmatched blow-by-blow of the Obama administration\u2019s Egypt diplomacy\u201d and draws on \u201cextensive interviews with Egyptian officials and with Morsi\u2019s aides.\u201d<\/p>\n<p><strong>Judge for yourself: <\/strong><a href=\"https:\/\/www.amazon.com\/Into-Hands-Soldiers-Freedom-Middle\/dp\/073522062X\">You can order your own copy of the book here.<\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625566\" 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=\"625566\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/giving-foreign-residents-egyptian-citizenship-is-an-economic-not-cultural-issue\/\">\r\n                            Giving foreign residents Egyptian citizenship is an economic, not cultural, issue                        <\/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\/08\/08\/giving-foreign-residents-egyptian-citizenship-is-an-economic-not-cultural-issue\/\" 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\/08\/08\/giving-foreign-residents-egyptian-citizenship-is-an-economic-not-cultural-issue\/')\">\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\/08\/08\/giving-foreign-residents-egyptian-citizenship-is-an-economic-not-cultural-issue\/\">\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=Giving foreign residents Egyptian citizenship is an economic, not cultural, issue&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/giving-foreign-residents-egyptian-citizenship-is-an-economic-not-cultural-issue\/\">\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\/08\/08\/giving-foreign-residents-egyptian-citizenship-is-an-economic-not-cultural-issue\/&title=Giving foreign residents Egyptian citizenship is an economic, not cultural, issue\">\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=Giving+foreign+residents+Egyptian+citizenship+is+an+economic%2C+not+cultural%2C+issue+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fgiving-foreign-residents-egyptian-citizenship-is-an-economic-not-cultural-issue%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\/08\/08\/giving-foreign-residents-egyptian-citizenship-is-an-economic-not-cultural-issue\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625566\" class=\"content-area-description single-story post-625566 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Giving foreign residents Egyptian citizenship in exchange for money is an economic policy and should be discussed as such<\/strong>, Abdel Moneim Salama writes for <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1313317\">Al Masry Al Youm<\/a>. Many Egyptian nationals decried the recently-passed law allowing foreign residents to obtain citizenship in exchange for a EGP 7 mn bank deposit as an infringement on the Egyptian cultural identity, but few interpreted it correctly as part of the government\u2019s overall efforts to add to the state\u2019s revenues, he says.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625567\" 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=\"625567\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/investment-in-infrastructure-today-can-help-drive-economic-growth-for-millennia\/\">\r\n                            Investment in infrastructure today can help drive economic growth for millennia                        <\/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\/08\/08\/investment-in-infrastructure-today-can-help-drive-economic-growth-for-millennia\/\" 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\/08\/08\/investment-in-infrastructure-today-can-help-drive-economic-growth-for-millennia\/')\">\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\/08\/08\/investment-in-infrastructure-today-can-help-drive-economic-growth-for-millennia\/\">\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=Investment in infrastructure today can help drive economic growth for millennia&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/investment-in-infrastructure-today-can-help-drive-economic-growth-for-millennia\/\">\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\/08\/08\/investment-in-infrastructure-today-can-help-drive-economic-growth-for-millennia\/&title=Investment in infrastructure today can help drive economic growth for millennia\">\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=Investment+in+infrastructure+today+can+help+drive+economic+growth+for+millennia+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Finvestment-in-infrastructure-today-can-help-drive-economic-growth-for-millennia%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            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data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/726.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/726.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625567\" class=\"content-area-description single-story post-625567 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-worth-reading 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-07\"><\/a> <strong>Today\u2019s infrastructure investment can help drive economic growth for millennia \u2014 look no further than the Roman Empire\u2019s legacy in Europe:<\/strong> A group of Danish economists have put forth a theory that infrastructural investment is one of the main drivers of economic growth and development, which could explain why contemporary Europe is as prosperous and developed as it is, Christopher Ingraham writes for <a href=\"https:\/\/www.washingtonpost.com\/business\/2018\/08\/06\/how-year-old-roads-predict-modern-day-prosperity\/?utm_term=.fa155f13cfdc\">the Washington Post<\/a>. \u201cThey demonstrate that the density of ancient Roman roads at a given point in Europe strongly correlates with present-day prosperity, as measured by modern-day road density, population density and even satellite imagery of nighttime lighting.\u201d According to the economists, the massive road network built by the Roman Empire laid the groundwork for prosperity by creating trade routes and allowing for greater levels of economic activity today.<\/p>\n<p><strong>The Romans built roads in North Africa, too, but they were not maintained as well as Europe\u2019s:<\/strong> The MENA region apparently turned its back on wheeled transport sometime between the 5th and 10th centuries, meaning Roman roads \u201cweren\u2019t maintained the same way they were in Europe, where cart-based transit remained dominant. \u2018The implication of these developments is that since ancient roads fall into disrepair in the MENA region, to a much greater extent than in Europe, one should expect to see much less persistence in infrastructure density.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/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=\"625569\" 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=\"625569\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/egypt-receives-usd-350-mn-from-badea-to-support-private-sector-development\/\">\r\n                            Egypt receives USD 350 mn from BADEA to support private sector development                        <\/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\/08\/08\/egypt-receives-usd-350-mn-from-badea-to-support-private-sector-development\/\" 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\/08\/08\/egypt-receives-usd-350-mn-from-badea-to-support-private-sector-development\/')\">\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\/08\/08\/egypt-receives-usd-350-mn-from-badea-to-support-private-sector-development\/\">\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 receives USD 350 mn from BADEA to support private sector development&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/egypt-receives-usd-350-mn-from-badea-to-support-private-sector-development\/\">\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\/08\/08\/egypt-receives-usd-350-mn-from-badea-to-support-private-sector-development\/&title=Egypt receives USD 350 mn from BADEA to support private sector development\">\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+receives+USD+350+mn+from+BADEA+to+support+private+sector+development+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fegypt-receives-usd-350-mn-from-badea-to-support-private-sector-development%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\/08\/08\/egypt-receives-usd-350-mn-from-badea-to-support-private-sector-development\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625569\" class=\"content-area-description single-story post-625569 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>Egypt receives USD 350 mn from BADEA to support private sector development: <\/strong>Egypt recently received a USD 350 mn loan from the Arab Bank for Economic Development in Africa (BADEA) to support private sector growth, <a href=\"https:\/\/www.alborsanews.com\/2018\/08\/07\/1122091\">Investment Minister Sahar Nasr said yesterday<\/a>. The loan primarily targets sectors like banking and finance, with an eye towards encouraging African investments and boosting exports. No further details were provided.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"625570\" 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=\"625570\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/construction-of-a-new-industrial-complex-in-minya-is-due-to-begin-december\/\">\r\n                            Construction of a new industrial complex in Minya is due to begin December                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/construction-of-a-new-industrial-complex-in-minya-is-due-to-begin-december\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/construction-of-a-new-industrial-complex-in-minya-is-due-to-begin-december\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/construction-of-a-new-industrial-complex-in-minya-is-due-to-begin-december\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Construction of a new industrial complex in Minya is due to begin December&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/construction-of-a-new-industrial-complex-in-minya-is-due-to-begin-december\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/construction-of-a-new-industrial-complex-in-minya-is-due-to-begin-december\/&title=Construction of a new industrial complex in Minya is due to begin December\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Construction+of+a+new+industrial+complex+in+Minya+is+due+to+begin+December+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fconstruction-of-a-new-industrial-complex-in-minya-is-due-to-begin-december%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/construction-of-a-new-industrial-complex-in-minya-is-due-to-begin-december\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625570\" class=\"content-area-description single-story post-625570 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.e9e14a56-fd85-457e-a57b-eb867249eb14.mp3\"><\/audio><\/figure>\n<p>A number of unnamed Egyptian investors plan to break ground in December on a new industrial complex specializing in the production of home- and kitchenware, with initial investments of around EGP 300-400 mn, Cairo Chamber of Commerce\u2019s Fathy El Tahawy tells Amwal Al Ghad. The 80k sqm complex in Minya will host five factories. Construction should be complete within 8-10 months\u2019 time.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625571\" 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=\"625571\">\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\/08\/08\/cyprus-cobalt-air-plans-to-launch-cairo-cyprus-route-in-november\/\">\r\n                            Cyprus\u2019 Cobalt Air plans to launch Cairo-Cyprus route in November                        <\/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\/08\/08\/cyprus-cobalt-air-plans-to-launch-cairo-cyprus-route-in-november\/\" 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\/08\/08\/cyprus-cobalt-air-plans-to-launch-cairo-cyprus-route-in-november\/')\">\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\/08\/08\/cyprus-cobalt-air-plans-to-launch-cairo-cyprus-route-in-november\/\">\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=Cyprus\u2019 Cobalt Air plans to launch Cairo-Cyprus route in November&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/cyprus-cobalt-air-plans-to-launch-cairo-cyprus-route-in-november\/\">\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\/08\/08\/cyprus-cobalt-air-plans-to-launch-cairo-cyprus-route-in-november\/&title=Cyprus\u2019 Cobalt Air plans to launch Cairo-Cyprus route in November\">\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=Cyprus%E2%80%99+Cobalt+Air+plans+to+launch+Cairo-Cyprus+route+in+November+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fcyprus-cobalt-air-plans-to-launch-cairo-cyprus-route-in-november%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\/08\/08\/cyprus-cobalt-air-plans-to-launch-cairo-cyprus-route-in-november\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625571\" class=\"content-area-description single-story post-625571 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\/.5a433eb6-a085-4d55-b197-bf8efeab0777.mp3\"><\/audio><\/figure>\n<p>Cypriot airline Cobalt Air is planning to begin operating four weekly flights from Cyprus to Cairo in November, head of the airline\u2019s local agent Elhamy El Zayat <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=07082018&id=4ca7a5cf-de42-4e1d-b1cb-294b591804e7\">tells Al Shorouk<\/a>. The route is pending approval from the Civil Aviation Ministry, according to El Zayat.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"625572\" 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=\"625572\">\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\/08\/08\/ci-capital-managing-pharma-company-listing-on-the-egx-european-listing-alongside-other-projects-this-year\/\">\r\n                            CI Capital managing pharma company listing on the EGX, European listing, alongside other projects this year                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/ci-capital-managing-pharma-company-listing-on-the-egx-european-listing-alongside-other-projects-this-year\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/ci-capital-managing-pharma-company-listing-on-the-egx-european-listing-alongside-other-projects-this-year\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/ci-capital-managing-pharma-company-listing-on-the-egx-european-listing-alongside-other-projects-this-year\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=CI Capital managing pharma company listing on the EGX, European listing, alongside other projects this year&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/ci-capital-managing-pharma-company-listing-on-the-egx-european-listing-alongside-other-projects-this-year\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/ci-capital-managing-pharma-company-listing-on-the-egx-european-listing-alongside-other-projects-this-year\/&title=CI Capital managing pharma company listing on the EGX, European listing, alongside other projects this year\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=CI+Capital+managing+pharma+company+listing+on+the+EGX%2C+European+listing%2C+alongside+other+projects+this+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fci-capital-managing-pharma-company-listing-on-the-egx-european-listing-alongside-other-projects-this-year%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/ci-capital-managing-pharma-company-listing-on-the-egx-european-listing-alongside-other-projects-this-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625572\" class=\"content-area-description single-story post-625572 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\/.5397cc37-a0b2-404b-93c3-13ead4ad679e.mp3\"><\/audio><\/figure>\n<p>CI Capital has a number of transactions in its pipeline in sectors including tourism, real estate, manufacturing, and pharma, Managing Director <a href=\"https:\/\/www.alborsanews.com\/2018\/08\/07\/1121960\">Tarek Tantawy said yesterday<\/a>. The company expects to complete the listing of a pharma manufacturer on the EGX in 3Q2018, according to Tantawy, who didn\u2019t disclose the name. CI Capital is also participating with other international investment banks in the listing of an unnamed European company on a European stock exchange, he added without elaborating.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625574\" 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=\"625574\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/supreme-media-council-tightens-grip-on-television-broadcast-agreements\/\">\r\n                            Supreme Media Council tightens grip on television broadcast agreements                        <\/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\/08\/08\/supreme-media-council-tightens-grip-on-television-broadcast-agreements\/\" 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\/08\/08\/supreme-media-council-tightens-grip-on-television-broadcast-agreements\/')\">\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\/08\/08\/supreme-media-council-tightens-grip-on-television-broadcast-agreements\/\">\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=Supreme Media Council tightens grip on television broadcast agreements&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/supreme-media-council-tightens-grip-on-television-broadcast-agreements\/\">\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\/08\/08\/supreme-media-council-tightens-grip-on-television-broadcast-agreements\/&title=Supreme Media Council tightens grip on television broadcast agreements\">\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=Supreme+Media+Council+tightens+grip+on+television+broadcast+agreements+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fsupreme-media-council-tightens-grip-on-television-broadcast-agreements%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\/08\/08\/supreme-media-council-tightens-grip-on-television-broadcast-agreements\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625574\" class=\"content-area-description single-story post-625574 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\/.f1599df3-0eca-4fcf-bd2e-5d3ec5c2d16f.mp3\"><\/audio><\/figure>\n<p>The Supreme Media Council issued a decision yesterday requiring television networks to request the council\u2019s sign-off on airtime purchase agreements, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=07082018&id=1736b531-55f2-4291-877f-6adddbceb0f8\">Al Shorouk reports<\/a>. Networks will be required to present documents ensuring that the content that will be broadcasted during the purchased airtime will not incite violence or spread rumors and otherwise adheres to media standards. The council\u2019s approval is now required before any such agreements are signed.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-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=\"625575\" 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=\"625575\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/egypts-u18-womens-handball-team-loses-first-2018-world-championship-game-against-chile\/\">\r\n                            Egypt\u2019s U18 women's\u2019 handball team loses first 2018 world championship game against Chile                        <\/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\/08\/08\/egypts-u18-womens-handball-team-loses-first-2018-world-championship-game-against-chile\/\" 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\/08\/08\/egypts-u18-womens-handball-team-loses-first-2018-world-championship-game-against-chile\/')\">\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\/08\/08\/egypts-u18-womens-handball-team-loses-first-2018-world-championship-game-against-chile\/\">\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 U18 women's\u2019 handball team loses first 2018 world championship game against Chile&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/egypts-u18-womens-handball-team-loses-first-2018-world-championship-game-against-chile\/\">\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\/08\/08\/egypts-u18-womens-handball-team-loses-first-2018-world-championship-game-against-chile\/&title=Egypt\u2019s U18 women's\u2019 handball team loses first 2018 world championship game against Chile\">\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+U18+women%27s%E2%80%99+handball+team+loses+first+2018+world+championship+game+against+Chile+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fegypts-u18-womens-handball-team-loses-first-2018-world-championship-game-against-chile%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\/08\/08\/egypts-u18-womens-handball-team-loses-first-2018-world-championship-game-against-chile\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1732.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625576\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/egypts-u18-womens-handball-team-loses-first-2018-world-championship-game-against-chile\/1732-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1732.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1732.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1732.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1732.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625575\" class=\"content-area-description single-story post-625575 post type-post status-publish format-standard has-post-thumbnail 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<p>Egypt\u2019s national U18 women's\u2019 handball team lost their first 2018 youth world championship game against Chile, suffering a 23:12 defeat in what started out as a slow game, according to the <a href=\"http:\/\/handballpoland2018.pl\/chile-dominated-egypt-in-the-last-match-of-the-day\/?lang=en\">tournament\u2019s official website<\/a>. The youth tournament kicked off yesterday in Poland and will run until 19 August. The team will still face Croatia, Denmark, Hungary, and Sweden in upcoming group stage games. <a href=\"http:\/\/handballpoland2018.pl\/tournament\/match-schedule\/?lang=en\">You can view the groups and schedules here<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625577\" 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=\"625577\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/egypt-retrieves-lost-manuscript-dating-back-to-early-islamic-empire\/\">\r\n                            Egypt retrieves lost manuscript dating back to early Islamic empire                        <\/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\/08\/08\/egypt-retrieves-lost-manuscript-dating-back-to-early-islamic-empire\/\" 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\/08\/08\/egypt-retrieves-lost-manuscript-dating-back-to-early-islamic-empire\/')\">\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\/08\/08\/egypt-retrieves-lost-manuscript-dating-back-to-early-islamic-empire\/\">\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 retrieves lost manuscript dating back to early Islamic empire&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/egypt-retrieves-lost-manuscript-dating-back-to-early-islamic-empire\/\">\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\/08\/08\/egypt-retrieves-lost-manuscript-dating-back-to-early-islamic-empire\/&title=Egypt retrieves lost manuscript dating back to early Islamic empire\">\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+retrieves+lost+manuscript+dating+back+to+early+Islamic+empire+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2Fegypt-retrieves-lost-manuscript-dating-back-to-early-islamic-empire%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\/08\/08\/egypt-retrieves-lost-manuscript-dating-back-to-early-islamic-empire\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/955.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625578\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/egypt-retrieves-lost-manuscript-dating-back-to-early-islamic-empire\/955-jpg-20\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/955.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"955.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/955.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/955.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625577\" class=\"content-area-description single-story post-625577 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>An ancient Islamic manuscript lost by Egypt in the 1970s was retrieved after being spotted at a London auction<\/strong>. The \u064fEgyptian National Library reclaimed the manuscript, \u201cthe first known Islamic study of historical theory,\u201d last month, <a href=\"https:\/\/www.news24.com\/Africa\/News\/egypt-retrieves-ancient-islamic-manuscript-20180806\">according to the Associated Press<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625581\" 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=\"625581\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/625581\/\">\r\n                                                    <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/625581\/\" 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\/08\/08\/625581\/')\">\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\/08\/08\/625581\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/625581\/\">\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\/08\/08\/625581\/&title=\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F08%2F625581%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\/08\/08\/625581\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625581\" class=\"content-area-description single-story post-625581 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.82 | Sell 17.92<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.83 | Sell 17.93<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.78 | Sell 17.88<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 15,762 (+0.7%)<br \/>\n <strong>Turnover:<\/strong> EGP 632 mn (28% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +4.9%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session up 0.7%. CIB, the index heaviest constituent ended up 0.1%. EGX30\u2019s top performing constituents were Abu Qir Fertilizers up 4.9%, Egyptian Aluminum up 2.5%, and Pioneers Holding up 2.4%. Yesterday\u2019s worst performing stocks were Eastern Co. down 0.9%, QNB Alahli, and Porto Group ended flat. The market turnover was EGP 632 mn, and regional investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +17.8 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -45.7 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +27.9 mn<\/p>\n<p><strong>Retail<\/strong>: 68.5% of total trades | 65.4% of buyers | 71.7% of sellers<br \/>\n <strong>Institutions<\/strong>: xx% of total trades | xx% of buyers | xx% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 31.5% of total | 34.6% of buyers | 28.3% of sellers<br \/>\n <strong>Regional:<\/strong> 11.5% of total | 12.9% of buyers | 10.1% of sellers<br \/>\n <strong>Domestic:<\/strong> 78.3% of total | 80.5% of buyers | 76.1% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 69.24 (+0.10%)<br \/>\n <strong>Brent:<\/strong> USD 74.58 (-0.09%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.89 MMBtu, (-0.21%, September 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,221.30 \/ troy ounce (+0.25%)<\/p>\n<p><strong>TASI:<\/strong> 8,242.82 (+0.15%) (YTD: +14.07%)<br \/>\n <strong>ADX:<\/strong> 4,911.19 (+0.57%) (YTD: +11.66%)<br \/>\n <strong>DFM:<\/strong> 2,951.07 (-0.90%) (YTD: -12.43%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,457.11 (+0.36%)<br \/>\n <strong>QE:<\/strong> 9,973.97 (+0.41%) (YTD: +17.02%)<br \/>\n <strong>MSM:<\/strong> 4,447.71 (+0.62%) (YTD: -12.78%)<br \/>\n <strong>BB: <\/strong>1,348.19 (-0.31%) (YTD: +1.24%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625582\" 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\/08\/08\/625582\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625582\" class=\"content-area-description single-story post-625582 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>05-09 August (Sunday-Thursday): CBE hosts <a href=\"http:\/\/aacb2018.com\/main\/final-preparations\/\">41st annual meeting of the Association of African central banks<\/a>, Sharm El Sheikh, Egypt.<\/p>\n<p>12 August (Sunday): Egypt\u2019s Emirates NBD PMI reading for July released.<\/p>\n<p>16 August (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>21-25 August (Tuesday-Saturday): Eid Al Adha (TBC), national holiday.<\/p>\n<p>28-29 August (Tuesday-Wednesday): CI Capital\u2019s 5th Annual Egypt Equities Conference, Cape Town, South Africa.<\/p>\n<p>04-05 September (Tuesday-Wednesday): <a href=\"https:\/\/www.euromoneyconferences.com\/event\/a01D000001355HLIAY\/the-euromoney-egypt-conference-2018\">Euromoney Egypt Conference 2018<\/a>, Cairo.<\/p>\n<p>10-13 September (Monday-Thursday): <a href=\"https:\/\/8londonconference.efghermes.com\/pages\/home.aspx\">EFG Hermes\u2019 8th Annual London Conference<\/a>, Emirates Arsenal Stadium, London.<\/p>\n<p>11 September (Tuesday): Islamic New Year (TBC), national holiday.<\/p>\n<p>18 September (Tuesday): Cairo Economic Court to issue ruling on EGP 5.6 bn antitrust case against pharma companies including Ibnsina.<\/p>\n<p>20-23 September (Thursday-Sunday): 2018 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo.<\/p>\n<p>22 September (Saturday): New academic year begins for public schools, universities.<\/p>\n<p>24-25 September (Monday-Tuesday): <a href=\"http:\/\/www.arqaamconference.com\/\">Arqaam Capital MENA Investors Conference 2018<\/a>, Four Seasons Resorts, Dubai.<\/p>\n<p>24-25 September (Monday-Tuesday): <a href=\"https:\/\/egyptwaterdesalination.iqpc.com\/\">Egypt Water Desalination Forum<\/a>, venue TBD.<\/p>\n<p>26 September (Wednesday): <a href=\"https:\/\/www.ecommsummit.co\/\">E-Commerce Summit<\/a>, Nile-Ritz Carlton, Cairo.<\/p>\n<p>27 September (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>06 October (Saturday): Armed Forces Day, national holiday.<\/p>\n<p>23-24 October (Tuesday-Wednesday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2018\/\">Intelligent Cities Exhibition & Conference 2018<\/a>, Fairmont Towers Heliopolis, Cairo.<\/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): <a href=\"https:\/\/www.egyptdefenceexpo.com\/\">First Egypt Defense Expo<\/a>, Egyptian International Exhibition Center, Cairo.<\/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>25 January 2019 (Friday): Police Day, national holiday.<\/p>\n<p>25 April 2019 (Thursday): Sinai Liberation day, national holiday.<\/p>\n<p>28 April 2019 (Sunday): Easter Sunday, national holiday.<\/p>\n<p>29 April 2019 (Monday): Easter Monday, national holiday.<\/p>\n<p>01 May 2019 (Wednesday): Labor Day, national holiday.<\/p>\n<p>06 May 2019 (Monday): First day of Ramadan (TBC).<\/p>\n<p>05-06 June 2019 (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n<p>10-13 October 2019 (Tuesday-Sunday) Big Industrial Week Arabia 2019, Egypt International Exhibition Center.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":625543,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-625542","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2f6792e0-6510-4a8e-9332-dd71e226081f","teaser":"","photo_url":"https:\/\/ent.news\/2017\/8\/326.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>The dog days of summer - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/the-dog-days-of-summer\/\" \/>\n<meta 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