{"id":626719,"date":"2018-07-10T04:45:41","date_gmt":"2018-07-10T04:45:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=626719"},"modified":"2025-12-17T09:18:23","modified_gmt":"2025-12-17T09:18:23","slug":"egypt-requests-usd-2-bn-in-world-bank-funding-customs-boss-arrested","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-requests-usd-2-bn-in-world-bank-funding-customs-boss-arrested\/","title":{"rendered":"Egypt requests USD 2 bn in World Bank funding, Customs boss arrested"},"content":{"rendered":"<section id=\"626721\" 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=\"626721\">\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\/07\/10\/what-were-tracking-on-10-july-2018\/\">\r\n                            What we\u2019re tracking on 10 July 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\/07\/10\/what-were-tracking-on-10-july-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Here\u2019s the read order of the top half of Enterprise going forward, with a hint as to our logic:<\/p><ul type=\"disc\">\n<li><strong>What We\u2019re Tracking Today:<\/strong> A top-down view on the national, regional and global business and financial developments that will set the tone for your day here in Egypt. It\u2019s about \u201cwhat\u2019s ongoing\u201d and \u201cwhat\u2019s going to happen\u201d more than \u201cwhat happened yesterday.\u201d<\/li>\n<li><strong>Last Night\u2019s Talk Shows:<\/strong> Egyptian talk shows shape the nation\u2019s news and policymakers\u2019 agendas in a particularly twisted and direct way. It is one part political theater, one part live politics in the raw. Plenty of it is relevant to business \u2014 that\u2019s what we focus on. (Digressing from our digression: Have any of you, like us, ever stepped back and wondered what it says about journalism in Egypt \u2014 or our political culture, or whatever \u2014that we debate rice crop policies in prime time on national television?)<\/li>\n<li><strong>Speed Round:<\/strong> Our marquee news section. Think of it as a modern take on a print newspaper\u2019s front page, including a mix of our own reporting and analysis; pickups of the most important regulatory statements, releases and reports of the day; and verified chatter in the domestic and international press.<\/li>\n<li><strong>Up Next:<\/strong> Items ranging from court rulings to expected political visits, planned hearings at the House of Representatives, et cetera, that will matter to your corporate and risk calendars in the days, weeks and months ahead. <strong>Items here migrate over time to our full calendar, which appears on our website <\/strong>at the bottom of each day\u2019s issue. <\/li>\n<li><strong>Egypt in the News:<\/strong> What the international press is saying about us, for good or for ill.<\/li>\n<li><strong>On Deadline:<\/strong> What the nation\u2019s columnists have to say that\u2019s relevant to business (if anything at all).<\/li>\n<\/ul><p><strong>The privatization program was at the top of the agenda <\/strong>when the Madbouly cabinet\u2019s economic group met yesterday, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/eco-cou.aspx\">a cabinet statement<\/a> suggests, as ministers talked through the timeline for the program for this year through to 2020. <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/08\/one-step-closer-to-the-privatization-program\/\">We are expecting an announcement<\/a> in the coming weeks ahead of the fall equity raising season. Look for Eastern Tobacco to pilot the program with a 4% stake sale.<\/p><p><strong>Yields on 10-year government treasuries reached yesterday their highest level since July<\/strong><strong> 2017<\/strong>, <a href=\"http:\/\/www.almalnews.com\/Story\/381890\/12\/%D8%B9%D8%A7%D8%A6%D8%AF-%D8%A7%D9%84%D8%B3%D9%86%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D9%8A%D8%A9-%D9%8A%D9%82%D9%81%D8%B2-%D9%84%D8%A3%D8%B9%D9%84%D9%89-%D9%85%D8%B3%D8%AA%D9%88%D9%8A%D8%A7%D8%AA%D9%87-%D8%AE%D9%84%D8%A7%D9%84-12-%D8%B4%D9%87%D8%B1%D8%A7%D9%8B\">according to Al Mal<\/a>. <a href=\"http:\/\/www.cbe.org.eg\/en\/Auctions\/Pages\/AuctionsEGPTBonds.aspx\">CBE data shows<\/a> that 10-year T-bills have reached 17.859%, up 140 bps from last year. Yields on five-year treasuries also spiked 140 bps y-o-y.<\/p><p><strong>Have we reached peak yield?<\/strong> EFG Hermes lead economist Mohamed Abu Basha sees the higher bond yields at CBE auctions as a symptom of \u201chot money\u201d investors pulling out as the CBE began monetary easing and lowering interest rates this year. Abu Basha doesn\u2019t see yields dropping anytime soon, saying he doesn\u2019t see the CBE resuming its monetary easing in the short term as it waits for the blip caused by the most recent round of subsidy cuts to pass.<\/p><p><strong>Japanese Prime Minister Shinzo Abe has canceled a planned trip to Egypt<\/strong>, Saudi Arabia, Belgium, and France as his government grapples with the aftermath of widespread flooding, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFT9N1TD06B\">Reuters reports<\/a>. The trip was meant to kick off tomorrow.<\/p><p><strong>Waiting for the governator: <\/strong>There\u2019s still no word on when the reshuffle of provincial governors may take place. That\u2019s the bottom line in an <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1305853\">Al Masry Al Youm<\/a> report that suggests leading jurists may be among the candidates for higher office. The shuffle had been expected at the <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/03\/what-were-tracking-this-week-299\/\">end of June<\/a>.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Egypt was Africa\u2019s third largest market for \u201ccorporate transactions\u201d in 1H2018 <\/strong>according to Africa-focused <a href=\"http:\/\/www.stratlinkglobal.com\/\">research firm Stratlink<\/a>, <a href=\"https:\/\/www.businessdailyafrica.com\/markets\/marketnews\/Deals-hit-Sh87bn-on-quarter-two-activity\/3815534-4654594-2orx5f\/index.html\">Kenya\u2019s Business Daily<\/a> reports. Egypt reportedly USD 1.42 bn worth of M&amp;As, IPOs and other equity-related transactions in the first half of the year, tying with Morocco for third place. At the head of the pack: South Africa and Nigeria.<\/p><p><strong>Can we just agree it\u2019s going to be a \u201cchallenging\u201d fall for emerging markets <\/strong>and get over the Zombie Apocalypse stuff? Bloomberg TV was awash in talk yesterday about how the EM meltdown is \u201con pause\u201d because the world didn\u2019t immediately end after the US and China slapped each other with trade sanctions. And <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-07-09\/emerging-market-carry-trade-makes-comeback-as-dollar-rally-fades\">the carry trade, it says, is \u201cmaking a comeback.\u201d<\/a> Even if Bloomberg\u2019s index shows that EM currencies are in their <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-07-06\/currencies-rebound-as-dollar-slumps-amid-trade-war-em-review\">longest losing run since 2015<\/a>, the broadcaster tells us, UBS\u2019s head of global emerging market strategy, Geoff Dennis, thinks we\u2019re probably hitting the bottom for EM (<a href=\"https:\/\/www.bloomberg.com\/news\/audio\/2018-07-10\/fairly-confident-this-could-be-bottom-for-emerging-markets\">listen, runtime: 5:43<\/a>).<\/p><p><strong>So, is there a frame out there that might help me understand what\u2019s going on? <\/strong>Enter Mohamed El Erian like Puck in A Midsummer Night\u2019s Dream. Writing for the Financial Times, he says the outlook \u201csuggests further USD appreciation, continued outperformance of US stocks and occasional spikes in volatility. It is a world in which companies with solid balance sheets, limited financial mismatches and agile business models should be in demand as long-term investors find opportunity in solid names temporarily and unduly depressed. It is also an environment in which active managers are better placed to outshine passive investing approaches.\u201d There\u2019s plenty here for EM investors to consider. Read: <a href=\"https:\/\/www.ft.com\/content\/1525cde2-8109-11e8-bc55-50daf11b720d\">The journey for financial markets is wilder than it looks<\/a>.<\/p><p><strong>Your British counterparty is going to be talking today <\/strong>about the prospects of Theresa May losing her gig as prime minister after both her Brexit negotiator and foreign minister Boris Johnson resigned. Top negotiator David Davis was somewhat classy on the way out, but Boris was last heard mumbling that May\u2019s \u2018soft\u2019 Brexit plan would see the UK <strong>\u201ctruly headed for the status of a colony\u201d<\/strong> (no joke). You can <a href=\"https:\/\/uk.reuters.com\/article\/uk-britain-eu-johnson-resignation-letter\/boris-johnsons-resignation-letter-to-pm-theresa-may-idUKKBN1JZ2FS?feedType=RSS&amp;feedName=domesticNews\">read his resignation letter in full here<\/a> or catch more in the <a href=\"https:\/\/www.ft.com\/content\/ea014bf2-8381-11e8-a29d-73e3d454535d\">Financial Times<\/a> or <a href=\"https:\/\/www.reuters.com\/article\/us-britain-eu-davis\/british-foreign-secretary-quits-in-protest-at-mays-brexit-plan-idUSKBN1JY10K\">Reuters<\/a>, as you prefer. Sterling is sliding in the wake of the news, so if there\u2019s any justice in the world, you may be able to find a way to snap up a few GBP at a slight discount if you\u2019re hoarding them to pay school fees this fall.<\/p><p><strong>Your American counterparty is going to be talking today <\/strong>about prospects of a conservative lock on the US Supreme Court that could guarantee a generation of rulings that roll-back rights protections for women, minorities and LGBTQ people. That\u2019s right, folks: The Donald just made nominated his second appointment to the US Supreme Court. The <a href=\"https:\/\/www.nytimes.com\/2018\/07\/09\/us\/politics\/brett-kavanaugh-supreme-court.html\">New York Times<\/a> has a good take here (the great Maggie Haberman shares the byline, but we\u2019ll be waiting for more from supreme court reporter Adam Liptak later today), while <a href=\"https:\/\/www.politico.com\/story\/2018\/07\/09\/brett-kavanaugh-who-is-he-bio-facts-background-and-political-views-703346\">Politico has chapter and verse<\/a> on nominee Brett Kavanaugh.<\/p><p><strong>World Cup tonight: <\/strong>Even if one of us wasn\u2019t an inveterate Francophile, having done K-12 in French, we\u2019d be cheering France tonight as it faces off against Belgium at 8:00pm CLT in the first World Cup semifinal. <strong>Next up:<\/strong> Croatia face England tomorrow at 8:00pm. The third-place match is Saturday at 4:00pm, with the final set for Sunday at 5:00pm.<\/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=\"626722\" 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 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href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/customs-authority-head-arrest-eni-dominate-topics\/\">\r\n                            Customs Authority head arrest, Eni dominate topics                        <\/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\/07\/10\/customs-authority-head-arrest-eni-dominate-topics\/\" 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 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href=\"https:\/\/api.whatsapp.com\/send?text=Customs+Authority+head+arrest%2C+Eni+dominate+topics+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Fcustoms-authority-head-arrest-eni-dominate-topics%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\/07\/10\/customs-authority-head-arrest-eni-dominate-topics\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626723\" class=\"content-area-description single-story post-626723 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>Two topics reigned supreme on the airwaves last night: <\/strong>Eni\u2019s new discovery, and the arrest of Customs Authority head Gamal Abdel Azim. We delve into the nuances of both in the Speed Round below.<\/p>\n<p><strong>Abdel Azim\u2019s arrest gripped the nation yesterday<\/strong>, a fact reflected in the sheer number of talking heads discussing it. Perhaps the most interesting of all was a call-in by El Watan business journalist Mahmoud El Gamal on Masaa DMC to offer up some context. He noted that Abdel Azim, who was arrested a mere two months after being appointed to office, was a career bureaucrat at the authority and had no prior blemish on his record. Nonetheless, the appointment came as a surprise, as his predecessor Magdy Abdel Aziz, had been held in high regard. He added that the investigation is ongoing, but that as of now, Abdel Azim appears to be the only person implicated in the scandal (<a href=\"https:\/\/www.youtube.com\/watch?v=tDlDHpeBAWI\">watch, runtime: 5:02<\/a>).<\/p>\n<p><strong>Praise for the Administrative Control Authority (ACA) and its investigation<\/strong> was the talking point of the night. Former ACA deputy head Mohamed Abu Hussein called on Al Hayah fi Masr to say extoll the wider social, political and economic benefits of having a strong anti-corruption watchdog in place, while also urging harsher penalties (<a href=\"https:\/\/www.youtube.com\/watch?v=6Zv6YC7zs4c\">watch, runtime: 7:36<\/a>).<\/p>\n<p><strong>Another day, another Eni discovery (we say that in the most positive way):<\/strong> Oil Ministry spokesman Hamdy Abdel Aziz made the rounds of the airwaves to provide details on Eni\u2019s latest discovery in its South Meleiha concession in the Western Desert. He tells Hona Al Asema\u2019s Dina Zahra that the new find lay close to an earlier well, with reserves of around 5,000 bbl\/d. Abdel Aziz noted to Yahduth fi Masr that that the discovery was the result of the deployment of new technologies to explore in the Western Desert that allow for deeper drilling (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/620120435032933\/\">watch, runtime: 6:24<\/a>).<\/p>\n<p><strong>Former Oil Minister Osama Kamal hailed the new discovery, but pointed out th<\/strong><strong>at it\u2019s relatively small.<\/strong> He noted in a call-in to Masaa DMC\u2019s Eman El Hosary that only 15% of Egypt\u2019s total area has been explored for oil (<a href=\"https:\/\/www.youtube.com\/watch?v=6rrrjJLH-5A\">watch, runtime: 3:03<\/a>).<\/p>\n<p><strong>He then gave a detailed accounting of Egypt\u2019s fuel demand<\/strong>, saying that the country relies on imports of crude and condensates for 30% of its needs. Egypt\u2019s production of both stands at a combined 650k bbl\/d (<a href=\"https:\/\/www.youtube.com\/watch?v=zHVc9h1SJ8o\">watch, runtime: 6:56<\/a>).<\/p>\n<p><strong>Hona Al Asema still has rice on the brain<\/strong>, following President Abdel Fattah El Sisi\u2019s decision to allow imports of rice. Agriculture Export Council head Mostafa Al Nagari called in to say that the House of Representatives had signed off on an Agriculture Ministry plan to limit rice growing to 725k feddans, which was the main driver behind the decision. He said the government\u2019s rice strategy will see it buying from both farmers and from importers. Al Nagari believes Egypt should import about 400-500k tonnes of rice over the next year. He urged authorities to diversify their global rice sources and not rely on a single country (<a href=\"https:\/\/www.youtube.com\/watch?v=GOLgDBtx_1Y\">watch, runtime: 4:55<\/a>).<\/p>\n<p><strong>We think importing rice is smart \u2014 <\/strong>exporting the water-hungry crop is basically exporting water, which as we\u2019ve noted before is a fundamentally bad idea in a nation as resource-strapped as we are.<\/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=\"626724\" 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=\"626724\">\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\/07\/10\/egypt-requests-usd-2-bn-in-funding-from-the-world-bank\/\">\r\n                            Egypt requests USD 2 bn in funding from the World Bank                        <\/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\/07\/10\/egypt-requests-usd-2-bn-in-funding-from-the-world-bank\/\" 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\/07\/10\/egypt-requests-usd-2-bn-in-funding-from-the-world-bank\/')\">\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\/07\/10\/egypt-requests-usd-2-bn-in-funding-from-the-world-bank\/\">\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 requests USD 2 bn in funding from the World Bank&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/egypt-requests-usd-2-bn-in-funding-from-the-world-bank\/\">\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\/07\/10\/egypt-requests-usd-2-bn-in-funding-from-the-world-bank\/&title=Egypt requests USD 2 bn in funding from the World Bank\">\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+requests+USD+2+bn+in+funding+from+the+World+Bank+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Fegypt-requests-usd-2-bn-in-funding-from-the-world-bank%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\/07\/10\/egypt-requests-usd-2-bn-in-funding-from-the-world-bank\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626724\" class=\"content-area-description single-story post-626724 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>EXCLUSIVE- Egypt requests USD 2 bn in funding from the World Bank:<\/strong> The Madbouly government has put in a request for a USD 2 bn facility from the World Bank to help \u201csupport Egypt\u2019s economic reform measures,\u201d a senior government official tells us. The source declined to provide further details, but said the request was formally made yesterday during a meeting between a visiting delegation from the global lender and the Madbouly Cabinet. Egypt had last borrowed USD 3 bn from the World Bank to support policy reforms, the third disbursement of which had arrived late last year.<\/p>\n<p><strong>Background and expectations: <\/strong>Prime Minister Mostafa Madbouly has requested USD 500 mn in funding for social housing development, according to <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/cou.aspx\">a cabinet statement<\/a>. Madbouly has also requested help coming up with a strategy to incorporate the private sector into social housing projects. Meanwhile, <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/02\/what-were-tracking-this-week-298\/\">news reports earlier this month claimed<\/a> that Transportation Minister Hisham Arafat had resumed talks with a World Bank delegation for additional funding for railway and river transport projects. The World Bank is already providing Egypt with more than USD 500 mn in separate loans for railway development projects. Egypt has borrowed USD 500 mn from the World Bank for social housing development, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/int.aspx\">the cabinet statement noted<\/a>. Most recently, the World Bank <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/02\/world-bank-pledges-usd-530-mn-to-improve-egypts-healthcare-system\/\">had pledged USD 530 mn<\/a> in funding to support Egypt\u2019s healthcare system. Notably, the cabinet statement also noted that Madbouly discussed with ministers his government\u2019s plan for the development of Sinai.<\/p>\n<p><strong>Gov\u2019t doesn\u2019t need WB, Afrexim funding to plug current budget shortfall: <\/strong>News of the USD 2 bn funding request \u2014 which could take the form of one or more facilities \u2014 comes as Vice Minister of Finance Ahmed Kouchouk said Egypt is unlikely to seek new loans from the World Bank and African Export-Import Bank to support the budget in the current fiscal year, according to <a href=\"http:\/\/almalnews.com\/Story\/381878\/15\/%D9%83%D8%AC%D9%88%D9%83-10-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%85%D9%86-%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D9%88%D8%A7%D9%84%D8%B3%D9%86%D8%AF%D8%A7%D8%AA-%D9%84%D8%AA%D8%BA%D8%B7%D9%8A%D8%A9-%D8%A7%D9%84%D9%81%D8%AC%D9%88%D8%A9-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84%D9%8A%D8%A9\">Al Mal reports<\/a>. Around USD 4 bn in loan disbursements from the IMF combined with USD 4-6 bn raised from eurobond sales in FY2018-19 should be sufficient to help the government close the financing gap for the year, according to Kouchouk. Ex-finance minister Amr El Garhy had <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/02\/fdi-could-grow-by-20-25-in-fy2018-19-if-its-hits-this-years-usd-10-bn-target-el-garhy\/\">previously said<\/a> that Egypt was planning to issue USD 6-7 bn-worth of eurobonds in FY2018-19.<\/p>\n<p><strong>And speaking of the World Bank:<\/strong> The institution has appointed Egypt\u2019s <a href=\"https:\/\/www.linkedin.com\/in\/hafez-ghanem-8a32545\">Hafez Ghanem<\/a> as its new vice president for Africa, <a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2018\/07\/09\/hafez-ghanem-takes-over-as-world-banks-vice-president-for-africa\">according to a World Bank statement<\/a>. Ghanem, who previously worked as World Bank\u2019s VP for MENA, succeeds Makhtar Diop.<\/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=\"626733\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626734\" 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=\"626734\">\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\/07\/10\/what-were-tracking-this-week-and-beyond-113\/\">\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\/07\/10\/what-were-tracking-this-week-and-beyond-113\/\" 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\/07\/10\/what-were-tracking-this-week-and-beyond-113\/')\">\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\/07\/10\/what-were-tracking-this-week-and-beyond-113\/\">\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\/07\/10\/what-were-tracking-this-week-and-beyond-113\/\">\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\/07\/10\/what-were-tracking-this-week-and-beyond-113\/&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%2F07%2F10%2Fwhat-were-tracking-this-week-and-beyond-113%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\/07\/10\/what-were-tracking-this-week-and-beyond-113\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626734\" class=\"content-area-description single-story post-626734 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>Items that should be on your corporate and risk calendars:<\/strong><\/p>\n<p><strong>A high-ranking Hamas delegation will reportedly be in Cairo on Wednesday<\/strong> to resume talks with Egyptian officials about \u201creconciliation\u201d with rival faction Fatah, sources close to the matter <a href=\"http:\/\/www.albawabhnews.com\/3183475\">told Al Bawaba News<\/a>.<\/p>\n<p>The House of Representatives is <a href=\"http:\/\/almalnews.com\/Story\/381764\/19\/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D9%86%D8%A7%D9%82%D8%B4-%D8%A7%D9%84%D8%AA%D9%82%D8%B1%D9%8A%D8%B1-%D8%A7%D9%84%D9%86%D9%87%D8%A7%D8%A6%D9%89-%D8%A8%D8%B4%D8%A3%D9%86-%D8%A8%D9%8A%D8%A7%D9%86-%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%A7%D9%84%D9%8A%D9%88%D9%85\">expected to <strong>receive<\/strong><\/a><strong> on Thursday a committee report on <\/strong><strong>the Madbouly government\u2019s policy program<\/strong> ahead of a general assembly vote on Sunday, when MPs are back from their weeklong recess.<\/p>\n<p><strong>President Abdel Fattah El Sisi will unveil an unspecified new education program this <\/strong><strong>month<\/strong>, according to Cairo University President Mohamed El Khosht. It is unclear whether the program is K-12 or post-secondary.<\/p>\n<p><strong>Appeals Court to rule on Ibnsina antitrust case on 16 July:<\/strong> The Cairo Court of Appeals is expected to rule on 16 July on Ibnsina Pharma\u2019s appeal of antitrust sanctions imposed in a case brought by the Egyptian Competition Authority.<\/p>\n<p><strong>An IMF delegation will visit Egypt in November to conduct its fourth review<\/strong> on economic progress before disbursing the next loan tranche, Finance Minister Maait <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=05072018&id=00147234-5e30-44da-9ae0-67e66a253295\">told Al Shorouk on Friday<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/up-next\/\">Up Next<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626735\" 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=\"626735\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/experiencing-nefertitis-tomb-in-vr-to-save-the-real-deal-from-damage\/\">\r\n                            Experiencing Nefertiti\u2019s tomb in VR to save the real deal from damage                        <\/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\/07\/10\/experiencing-nefertitis-tomb-in-vr-to-save-the-real-deal-from-damage\/\" 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\/07\/10\/experiencing-nefertitis-tomb-in-vr-to-save-the-real-deal-from-damage\/')\">\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\/07\/10\/experiencing-nefertitis-tomb-in-vr-to-save-the-real-deal-from-damage\/\">\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=Experiencing Nefertiti\u2019s tomb in VR to save the real deal from damage&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/experiencing-nefertitis-tomb-in-vr-to-save-the-real-deal-from-damage\/\">\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\/07\/10\/experiencing-nefertitis-tomb-in-vr-to-save-the-real-deal-from-damage\/&title=Experiencing Nefertiti\u2019s tomb in VR to save the real deal from damage\">\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=Experiencing+Nefertiti%E2%80%99s+tomb+in+VR+to+save+the+real+deal+from+damage+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Fexperiencing-nefertitis-tomb-in-vr-to-save-the-real-deal-from-damage%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\/07\/10\/experiencing-nefertitis-tomb-in-vr-to-save-the-real-deal-from-damage\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/2057.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"626736\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/experiencing-nefertitis-tomb-in-vr-to-save-the-real-deal-from-damage\/2057-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/2057.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2057.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/2057.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/2057.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626735\" class=\"content-area-description single-story post-626735 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Experiencing Nefertiti\u2019s tomb in virtual reality to save the real thing from damage:<\/strong> A documentary streaming service has recorded the inside of the tomb built for Queen Nefertari in Luxor\u2019s Valley of the Queens to help preserve the actual tomb, <a href=\"https:\/\/www.livescience.com\/63010-ancient-egypt-sistine-chapel-virtual-reality.html\">according to Live Science<\/a>. The tomb, \u201cwhose paintings are so beautiful that it has been compared to Italy\u2019s Sistine Chapel,\u201d has already suffered damage due to bacteria and fungi, which researchers have found can be exacerbated by people entering the tomb. It is currently only open to small groups of visitors, with each visitor charged a EGP 1,000 entry fee, according to Egypt\u2019s self-anointed Indiana Jones, Zahi Hawass.<\/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=\"626737\" 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=\"626737\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/egypt-in-the-news-on-10-july-2018\/\">\r\n                            Egypt in the News on 10 July 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\/07\/10\/egypt-in-the-news-on-10-july-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\/07\/10\/egypt-in-the-news-on-10-july-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\/07\/10\/egypt-in-the-news-on-10-july-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=Egypt in the News on 10 July 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/egypt-in-the-news-on-10-july-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\/07\/10\/egypt-in-the-news-on-10-july-2018\/&title=Egypt in the News on 10 July 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=Egypt+in+the+News+on+10+July+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Fegypt-in-the-news-on-10-july-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\/07\/10\/egypt-in-the-news-on-10-july-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626737\" class=\"content-area-description single-story post-626737 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>It\u2019s a fundamentally quiet morning for Egypt in the international press, with thin coverage largely confined the <strong>arrest of the head of the Customs Authority<\/strong> on graft charges. We\u2019re also seeing residual pickups of wire copy on the sentence handed to a Lebanese tourist for \u201cdefaming\u201d Egypt in a <strong>profane Facebook video<\/strong> and of Egypt\u2019s denial that a cockpit fire <strong>brought down an EgyptAir flight to Cairo<\/strong> from Paris two years ago.<\/p>\n<p>Other stories worth a glance this morning:<\/p>\n<ul type=\"disc\">\n<li><strong>A group of scholars protested the arrest of University of Washington PhD<\/strong><strong>student<\/strong> Waleed Salem in a letter penned to Egyptian authorities, <a href=\"https:\/\/www.insidehighered.com\/quicktakes\/2018\/07\/09\/scholars-decry-arrest-phd-student-egypt\">according to Inside Higher Ed<\/a>. Salem had been conducting research on the Egyptian judiciary. <\/li>\n<li><a href=\"https:\/\/www.thesun.co.uk\/world-cup-2018\/6728912\/world-cup-2018-mo-salah-egypt-hope-for-future-fears-quit\/\">The Sun<\/a> caught wind of the <strong>Egyptian Football Association\u2019s efforts to dispel<\/strong><strong> rumors that footballer Mo Salah is quitting the national team<\/strong>, while <a href=\"https:\/\/www.fairobserver.com\/region\/europe\/mo-salah-liverpool-egyptian-youth-news-this-week-32390\/\">Fair Observer\u2019s<\/a> Solava Ibrahim looks into the inspirational effect Salah has had on Egyptian youth.<\/li>\n<li><strong>China\u2019s contributions to the construction of the new administrative capital<\/strong> are the focal point of a piece from <a href=\"http:\/\/www.xinhuanet.com\/english\/2018-07\/09\/c_137312186.htm\">Chinese newswire Xinhua<\/a>.<\/li>\n<li><strong>Egyptian court ordered the release of editor of Ikhwan-friendly website Mas<\/strong><strong>r Al Arabia,<\/strong> Adel Sabry, who was arrested for allegedly operating without a permit, the <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/07\/09\/world\/middleeast\/ap-ml-egypt-media.html\">Associated Press reports<\/a>.<\/li>\n<li>Tatweer Misr and George Washington University are collaborating on establishing <strong>a university dedicated to entrepreneurship<\/strong>, <a href=\"https:\/\/www.forbes.com\/sites\/brennancusack\/2018\/07\/09\/building-for-egypts-booming-youth-population\/#751f30e44757\">according to a Forbes contributor site<\/a>. <\/li>\n<\/ul>\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=\"626738\" 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=\"626738\">\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\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/finally-someone-who-understands-the-economy-gets-a-say-among-oped-writers\/\">\r\n                            Finally, someone who understands the economy gets a say among oped writers                        <\/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\/07\/10\/finally-someone-who-understands-the-economy-gets-a-say-among-oped-writers\/\" 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\/07\/10\/finally-someone-who-understands-the-economy-gets-a-say-among-oped-writers\/')\">\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\/07\/10\/finally-someone-who-understands-the-economy-gets-a-say-among-oped-writers\/\">\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=Finally, someone who understands the economy gets a say among oped writers&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/finally-someone-who-understands-the-economy-gets-a-say-among-oped-writers\/\">\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\/07\/10\/finally-someone-who-understands-the-economy-gets-a-say-among-oped-writers\/&title=Finally, someone who understands the economy gets a say among oped writers\">\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=Finally%2C+someone+who+understands+the+economy+gets+a+say+among+oped+writers+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Ffinally-someone-who-understands-the-economy-gets-a-say-among-oped-writers%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\/07\/10\/finally-someone-who-understands-the-economy-gets-a-say-among-oped-writers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626738\" class=\"content-area-description single-story post-626738 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><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Finally, someone who understands the economy gets a say among oped writers:<\/strong> HC Securities & Investment Chairman <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1305732\">Hussein Choucri penned a piece<\/a> on structural reforms for AMAY, breaking the monotony of the witchdoctor, pseudo-economist blathering we usually find among opinion writers. <strong>Choucri outlines five conditions for successful administrative and legislative reform.<\/strong> These include setting clear and measurable goals, choosing the right leadership at the helm of government agencies and empowering them, and providing them with the financial resources they need to implement their plan.<\/p>\n<p><strong>Shield law: <\/strong>Last, but not least, Choucri addresses a common concern raised by the business community about policymakers: They need to be shielded from the pitchfork-wielding masses, echoing Ahmed Heikal\u2019s post-Revolution theme that while the corrupt should go down, there should be a shield law in place that protects honest public servants from third-party lawsuits for honest decisions made while in full possession of the facts.<\/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=\"626739\" 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=\"626739\">\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\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/water-is-more-precious-than-oil-in-the-middle-east\/\">\r\n                            Water is more precious than oil in the Middle East                        <\/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\/07\/10\/water-is-more-precious-than-oil-in-the-middle-east\/\" 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\/07\/10\/water-is-more-precious-than-oil-in-the-middle-east\/')\">\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\/07\/10\/water-is-more-precious-than-oil-in-the-middle-east\/\">\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=Water is more precious than oil in the Middle East&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/water-is-more-precious-than-oil-in-the-middle-east\/\">\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\/07\/10\/water-is-more-precious-than-oil-in-the-middle-east\/&title=Water is more precious than oil in the Middle East\">\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=Water+is+more+precious+than+oil+in+the+Middle+East+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Fwater-is-more-precious-than-oil-in-the-middle-east%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\/07\/10\/water-is-more-precious-than-oil-in-the-middle-east\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/238.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"626740\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/water-is-more-precious-than-oil-in-the-middle-east\/238-jpg-19\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/238.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"238.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/238.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/238.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626739\" class=\"content-area-description single-story post-626739 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><strong>Water is more precious than oil in the Middle East where it constitutes a main<\/strong><strong>component of the political landscape, <\/strong>John Dizard writes in a <a href=\"https:\/\/www.ft.com\/content\/1b8160d8-7fa2-11e8-8e67-1e1a0846c475\">piece for the Financial Times<\/a>. Dizard looks at water shortages in Iran and Iraq due to reduced flow from Turkey as a model for the existing power struggle over water in the Middle East to explain just how far reaching the impact of those can be, particularly in countries where the water conservation culture is so nascent and agricultural practices remain, to a large extent, fairly primitive. He explains that Turkey\u2019s plans to fill a new dam reservoir ahead of schedule and build as many as 22 dams along the Tigris and Euphrates rivers has been used as a tool to pressure its neighbors to either be \u201cless tolerant of Kurdish nationalists or find water elsewhere, somehow.\u201d In Iran, where drought affects around 97% of the country, farmers demonstrated against a lack of water; and in Iraq \u201cwater levels in Baghdad fell so low in early June that residents could wade across the Tigris, which runs through the capital.\u201d<\/p>\n<p><strong>Will Egypt meet a similar fate? <\/strong>Dizard points to the fact that Ethiopia managed to capitalize on the ensuing chaos from the Arab Spring to begin building its own \u201clong-planned\u201d dam upstream from Egypt, noting that now \u201cit will be hard to stop.\u201d The Grand Ethiopian Renaissance Dam (GERD) has been a point of contention in relations between Cairo and Addis Ababa, as well as Khartoum, who have only recently started taking steps to resolve their dispute, which stems from Egypt\u2019s concerns that the GERD will have a negative impact on our share of the Nile Water. The government has been taking preemptive measures, as Ethiopia inches closer to filling the dam\u2019s reservoir, by issuing <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/23\/govt-gets-sharper-teeth-against-unsustainable-agriculture-practices\/\">new water rationing policies<\/a> and trying to diversify its sources of water by building new water desalination plants and digging for more ground water.<\/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=\"626741\" 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=\"626741\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/wireless-downloads-existed-long-before-wifi-ever-did\/\">\r\n                            Wireless downloads existed long before WiFi ever did                        <\/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\/07\/10\/wireless-downloads-existed-long-before-wifi-ever-did\/\" 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\/07\/10\/wireless-downloads-existed-long-before-wifi-ever-did\/')\">\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\/07\/10\/wireless-downloads-existed-long-before-wifi-ever-did\/\">\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=Wireless downloads existed long before WiFi ever did&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/wireless-downloads-existed-long-before-wifi-ever-did\/\">\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\/07\/10\/wireless-downloads-existed-long-before-wifi-ever-did\/&title=Wireless downloads existed long before WiFi ever did\">\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=Wireless+downloads+existed+long+before+WiFi+ever+did+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Fwireless-downloads-existed-long-before-wifi-ever-did%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\/07\/10\/wireless-downloads-existed-long-before-wifi-ever-did\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/231.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"626742\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/wireless-downloads-existed-long-before-wifi-ever-did\/231-jpg-26\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/231.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"231.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/231.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/231.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626741\" class=\"content-area-description single-story post-626741 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Wireless downloads existed long before WiFi ever did. <\/strong>In the early 1980\u2019s the hosts of British radio show Datarama figured out an easy way (at the time) for fellow programmers like themselves to share their homemade video games with the masses.<\/p>\n<p><strong>The process was simple: \u201cconverting digital data into analog tones, recording them onto a cassette, and broadcasting the sounds over the radio<\/strong>,\u201d according to a video by Machinima (<a href=\"https:\/\/www.facebook.com\/machinima\/videos\/10151142801739987\/\">watch, runtime: 1:41<\/a>). \u201cThe listeners would then record the broadcast with a tape recorder allowing them to insert the tape into a cassette tape drive attached to their personal computer,\u201d which then allowed them to turn the data back into digital form. The process, which also picked up in Serbia and the Netherlands, was not just exclusive to games, but programmers could also load \u201call kinds of applications, including encyclopedias and calculators.\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-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626743\" 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=\"626743\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/eetc-to-issue-global-tender-for-sudan-interconnection-project-for-a-third-time-in-august\/\">\r\n                            EETC to issue global tender for Sudan interconnection project for a third time in August                        <\/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\/07\/10\/eetc-to-issue-global-tender-for-sudan-interconnection-project-for-a-third-time-in-august\/\" 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\/07\/10\/eetc-to-issue-global-tender-for-sudan-interconnection-project-for-a-third-time-in-august\/')\">\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\/07\/10\/eetc-to-issue-global-tender-for-sudan-interconnection-project-for-a-third-time-in-august\/\">\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=EETC to issue global tender for Sudan interconnection project for a third time in August&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/eetc-to-issue-global-tender-for-sudan-interconnection-project-for-a-third-time-in-august\/\">\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\/07\/10\/eetc-to-issue-global-tender-for-sudan-interconnection-project-for-a-third-time-in-august\/&title=EETC to issue global tender for Sudan interconnection project for a third time in August\">\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=EETC+to+issue+global+tender+for+Sudan+interconnection+project+for+a+third+time+in+August+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Feetc-to-issue-global-tender-for-sudan-interconnection-project-for-a-third-time-in-august%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\/07\/10\/eetc-to-issue-global-tender-for-sudan-interconnection-project-for-a-third-time-in-august\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626743\" class=\"content-area-description single-story post-626743 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.364d1c8f-63db-497d-8a92-0a182d82cb1e.mp3\"><\/audio><\/figure>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> The Egyptian Electricity Transmission Company (EETC) will reportedly reissue the global tender for the <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/21\/egypt-and-sudan-signing-grid-connection-contracts-in-two-weeks\/\">power interconnection project with Sudan<\/a> in August, in hopes of attracting better financial and technical offers, <a href=\"http:\/\/almalnews.com\/Story\/381886\/59\/%D8%A5%D9%84%D8%BA%D8%A7%D8%A1-%D9%85%D9%85%D8%A7%D8%B1%D8%B3%D8%A9-%D8%A7%D9%84%D8%B1%D8%A8%D8%B7-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%89-%D9%85%D8%B9-%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86-%D9%84%D9%84%D9%85%D8%B1%D8%A9-%D8%A7%D9%84%D8%AB%D8%A7%D9%86%D9%8A%D8%A9\">company sources tell Al Mal<\/a>. The EETC \u2014 which had issued the same tender once before but <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/04\/eetc-to-relaunch-tender-for-sudan-power-interconnection-project-after-first-round-falters\/\">failed to generate enough interest<\/a> \u2014 only received three offers for the project in the most recent bidding round from Elsewedy Electric, Orascom Construction, and India\u2019s Larsen & Toubro, according to the sources. The Indian offer was the best, but the EETC found that the company lacks the experience necessary to take on the USD 60-70 mn project, they added. Sources <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/10\/indias-larsen-toubro-wins-contract-for-egypt-sudan-interconnection-project\/\">said last month<\/a> that Larsen & Toubro had won the contract and was to set sign final agreements in September. They had noted then as well that Sweden\u2019s NCC was among the potential suitors.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626745\" 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=\"626745\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/\">\r\n                            Centamin\u2019s production from Sukari gold mine drops 7% y-o-y in 1H2018                        <\/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\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/\" 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\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/')\">\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\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/\">\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=Centamin\u2019s production from Sukari gold mine drops 7% y-o-y in 1H2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/\">\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\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/&title=Centamin\u2019s production from Sukari gold mine drops 7% y-o-y in 1H2018\">\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=Centamin%E2%80%99s+production+from+Sukari+gold+mine+drops+7%25+y-o-y+in+1H2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Fcentamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018%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\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626745\" class=\"content-area-description single-story post-626745 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.7a98944f-fa73-4242-bf63-f3ad8e57215b.mp3\"><\/audio><\/figure>\n<p>Preliminary gold production from the Sukari gold mine dropped 7% y-o-y in 1H2018 to 217.1k ounces, Centamin <a href=\"http:\/\/www.centamin.com\/~\/media\/Files\/C\/Centamin\/documents\/press-releases\/2018\/CEY%20RNS%20-%202Q18%20PPR%20-%20FINAL%20-%20090718.pdf\">announced yesterday (pdf)<\/a>. Production from the mine during 2Q2018 also dropped 25% y-o-y to 92.8k ounces, \u201creflecting the lower open pit grades as mining progresses through the transitional zone and below forecast underground grades.\u201d The lower-than-expected production levels resulted in the company revising its output target from Sukari in 2018 to 505-515k ounces, down from 580k ounces previously.<\/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\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626748\" 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=\"626748\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/telecom-egypt-orange-sign-3-agreements-for-international-telecom-transmission-and-mobile-termination-services\/\">\r\n                            Telecom Egypt, Orange sign 3 agreements for international telecom, transmission, and mobile termination services                        <\/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\/07\/10\/telecom-egypt-orange-sign-3-agreements-for-international-telecom-transmission-and-mobile-termination-services\/\" 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\/07\/10\/telecom-egypt-orange-sign-3-agreements-for-international-telecom-transmission-and-mobile-termination-services\/')\">\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\/07\/10\/telecom-egypt-orange-sign-3-agreements-for-international-telecom-transmission-and-mobile-termination-services\/\">\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=Telecom Egypt, Orange sign 3 agreements for international telecom, transmission, and mobile termination services&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/telecom-egypt-orange-sign-3-agreements-for-international-telecom-transmission-and-mobile-termination-services\/\">\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\/07\/10\/telecom-egypt-orange-sign-3-agreements-for-international-telecom-transmission-and-mobile-termination-services\/&title=Telecom Egypt, Orange sign 3 agreements for international telecom, transmission, and mobile termination services\">\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=Telecom+Egypt%2C+Orange+sign+3+agreements+for+international+telecom%2C+transmission%2C+and+mobile+termination+services+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Ftelecom-egypt-orange-sign-3-agreements-for-international-telecom-transmission-and-mobile-termination-services%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\/07\/10\/telecom-egypt-orange-sign-3-agreements-for-international-telecom-transmission-and-mobile-termination-services\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626748\" class=\"content-area-description single-story post-626748 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecoms-ict 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\/7\/.cf6a1b3e-84b0-4df7-91ae-c6522ec43304.mp3\"><\/audio><\/figure>\n<p>Telecom Egypt (TE) and Orange Egypt have renewed yesterday their international telecom services agreement for another four years, <a href=\"http:\/\/ir.te.eg\/en\/CorporateNews\/PressRelease\/69\/Telecom-Egypt-and-Orange-sign-three-agreements-for-international-telecom-transmission-and-mobile-termination-services\">TE said in a statement<\/a>. The two companies also inked a new transmission services agreement for 3.5 years ending by December 2021. TE and Orange also signed a binding letter of agreement for mobile termination rates, setting the framework for interconnection rates.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/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=\"626749\" 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=\"626749\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/infinity-solar-signs-mou-with-wataneya-company-for-roads-to-set-up-electric-vehicle-charging-stations\/\">\r\n                            Infinity Solar signs MoU with Wataneya Company for Roads to set up electric vehicle charging stations                        <\/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\/07\/10\/infinity-solar-signs-mou-with-wataneya-company-for-roads-to-set-up-electric-vehicle-charging-stations\/\" 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\/07\/10\/infinity-solar-signs-mou-with-wataneya-company-for-roads-to-set-up-electric-vehicle-charging-stations\/')\">\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\/07\/10\/infinity-solar-signs-mou-with-wataneya-company-for-roads-to-set-up-electric-vehicle-charging-stations\/\">\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=Infinity Solar signs MoU with Wataneya Company for Roads to set up electric vehicle charging stations&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/infinity-solar-signs-mou-with-wataneya-company-for-roads-to-set-up-electric-vehicle-charging-stations\/\">\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\/07\/10\/infinity-solar-signs-mou-with-wataneya-company-for-roads-to-set-up-electric-vehicle-charging-stations\/&title=Infinity Solar signs MoU with Wataneya Company for Roads to set up electric vehicle charging stations\">\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=Infinity+Solar+signs+MoU+with+Wataneya+Company+for+Roads+to+set+up+electric+vehicle+charging+stations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Finfinity-solar-signs-mou-with-wataneya-company-for-roads-to-set-up-electric-vehicle-charging-stations%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\/07\/10\/infinity-solar-signs-mou-with-wataneya-company-for-roads-to-set-up-electric-vehicle-charging-stations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626749\" class=\"content-area-description single-story post-626749 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.1c9e6408-800b-40dc-be1b-fa0fe841a9d0.mp3\"><\/audio><\/figure>\n<p>Infinity Solar subsidiary Infinity-E has signed an MoU with Armed Forces-affiliated Wataneya Company for Roads to set up electric vehicle charging stations at Wataneya gas stations, according to Hany Zahran, founding partner of Zahran Law Office, which is Infinity\u2019s legal advisor. The two sides are still in talks over the details of the cooperation, Zahran <a href=\"http:\/\/almalnews.com\/Story\/381879\/11\/%C2%AB%D8%A5%D9%86%D9%81%D9%8A%D9%86%D8%AA%D9%89-E%C2%BB-%D9%88%C2%AB%D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%8A%D8%A9-%D9%84%D9%84%D8%B7%D8%B1%D9%82%C2%BB-%D9%8A%D8%AA%D9%81%D9%82%D8%A7%D9%86-%D8%B9%D9%84%D9%89-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D8%AD%D8%B7%D8%A7%D8%AA-%D8%B4%D8%AD%D9%86-%D9%84%D9%84%D9%85%D8%B1%D9%83%D8%A8%D8%A7%D8%AA-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%8A%D8%A9\">tells Al Mal<\/a>, without mentioning when they expect to sign the final contracts. Meanwhile, Dershal \u2014 the local distributor of Dongfeng cars \u2014 has teamed up with e-payments firm Fawry to set up an online payment option for individuals using one of the electric charging stations Dershal is setting up, Dershal Chairman Hassan El Desouky <a href=\"http:\/\/almalnews.com\/Story\/381910\/19\/%C2%AB%D9%81%D9%88%D8%B1%D9%89%C2%BB-%D8%AA%D8%AA%D8%B9%D8%A7%D9%82%D8%AF-%D9%85%D8%B9-%C2%AB%D8%AF%D8%B1%D8%B4%D8%A7%D9%84%C2%BB-%D9%84%D8%AA%D8%AD%D8%B5%D9%8A%D9%84-%D8%A3%D8%B1%D8%B5%D8%AF%D8%A9-%D8%B4%D8%AD%D9%86-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA\">tells Al Mal<\/a>. The payment platform will be launched at the end of the month.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626751\" 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=\"626751\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/egypt-makes-it-on-us-news-list-of-25-most-powerful-countries\/\">\r\n                            Egypt makes it on US News list of 25 most powerful countries                        <\/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\/07\/10\/egypt-makes-it-on-us-news-list-of-25-most-powerful-countries\/\" 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\/07\/10\/egypt-makes-it-on-us-news-list-of-25-most-powerful-countries\/')\">\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\/07\/10\/egypt-makes-it-on-us-news-list-of-25-most-powerful-countries\/\">\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 makes it on US News list of 25 most powerful countries&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/egypt-makes-it-on-us-news-list-of-25-most-powerful-countries\/\">\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\/07\/10\/egypt-makes-it-on-us-news-list-of-25-most-powerful-countries\/&title=Egypt makes it on US News list of 25 most powerful countries\">\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+makes+it+on+US+News+list+of+25+most+powerful+countries+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F10%2Fegypt-makes-it-on-us-news-list-of-25-most-powerful-countries%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\/07\/10\/egypt-makes-it-on-us-news-list-of-25-most-powerful-countries\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626751\" class=\"content-area-description single-story post-626751 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.0d15ef5e-d6c8-4463-87a1-1be8c3730f67.mp3\"><\/audio><\/figure>\n<p><strong>Egypt was ranked as among the 25 most powerful countries in the world<\/strong>, according to rankings <a href=\"https:\/\/www.usnews.com\/news\/best-countries\/power-rankings\">published by US News and World Report<\/a>. Egypt made it at number 25 on the power rank behind Singapore, Spain and Pakistan. The survey ranks the countries based on its economical influence, political influence, strong international alliances and strong military alliances. This was one of a series of metrics looked at by the survey\u2019s <a href=\"https:\/\/www.usnews.com\/news\/best-countries\/overall-full-list\">Best Countries list<\/a>, where Egypt ranked 42 out of 80. Factors such as cultural influence, economy and entrepreneurship.<\/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=\"626755\" 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=\"626755\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/626755\/\">\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\/07\/10\/626755\/\" 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\/07\/10\/626755\/')\">\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\/07\/10\/626755\/\">\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\/07\/10\/626755\/\">\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\/07\/10\/626755\/&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%2F07%2F10%2F626755%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\/07\/10\/626755\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626755\" class=\"content-area-description single-story post-626755 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<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.83 | Sell 17.93<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.85 | Sell 17.95<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.78 | Sell 17.88<\/p>\n<p><strong>EGX30<\/strong> (Monday): 15,786 (-0.3%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.8 bn (80% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +5.1%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX ended Monday\u2019s session down 0.3%. CIB, the index heaviest constituent ended up 0.5%. EGX30\u2019s top performing constituents were Emaar Misr up 2.9%, SODIC up 2.9%, and TMG Holding up 2.3%. Yesterday\u2019s worst performing stocks were Global Telecom down 10.0%, Porto Group down 3.9%, and Amer Group down 3.3%. The market turnover was EGP 1.8 bn, and local investors were the sole net sellers<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +793.6 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +38.6 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -832.2 mn<\/p>\n<p><strong>Retail<\/strong>: 29.9% of total trades | 29.2% of buyers | 30.5% of sellers<br \/>\n <strong>Institutions<\/strong>: 70.1% of total trades | 70.8% of buyers | 69.5% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 32.3% of total | 54.4% of buyers | 10.3% of sellers<br \/>\n <strong>Regional:<\/strong> 5.5% of total | 6.6% of buyers | 4.4% of sellers<br \/>\n <strong>Domestic:<\/strong> 62.2% of total | 39.1% of buyers | 85.3% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 74.10 (+0.34%)<br \/>\n <strong>Brent:<\/strong> USD 78.32 (+0.32%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.83 MMBtu, (+0.14%, August 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,259.50\/ troy ounce (-0.01%)<br\n<strong>TASI:<\/strong> 8,326.59 (+1.27%) (YTD: +15.23%)<br \/>\n <strong>ADX:<\/strong> 4,616.96 (+0.03%) (YTD: +4.97%)<br \/>\n <strong>DFM:<\/strong> 2,875.32 (-0.35%) (YTD: -14.68%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,245.22 (-0.17%)<br \/>\n <strong>QE:<\/strong> 9,265.00 (-0.65%) (YTD: +8.70%)<br \/>\n <strong>MSM:<\/strong> 4,517.27 (-0.06%) (YTD: -11.41%)<br \/>\n <strong>BB: <\/strong>1,334.43B (-0.14%) (YTD: +0.20%)<\/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=\"626756\" 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\/07\/10\/626756\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626756\" class=\"content-area-description single-story post-626756 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>16 July (Monday): Cairo Court of Appeals to issue ruling on EGP 5.6 bn antitrust case against pharma companies including Ibnsina.<\/p>\n<p>23 July (Monday): Revolution Day, national holiday.<\/p>\n<p>26-28 July (Thursday-Saturday): <a href=\"http:\/\/www.uabonline.org\/en\/events\/conferences\/forumgreenbankingtheroadtosustainabledevelopment\/52659\/0\">Green Banking: The Road to Sustainable Development<\/a>, Baron Palace, Sahl Hasheesh, Hurghada.<\/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>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>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. <br 28=\"\" april=\"\" 2019=\"\" (sunday):=\"\" easter=\"\" sunday,=\"\" national=\"\"><\/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":626720,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-626719","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"4d5aa775-0f7a-473d-adef-bb83b16ba5d5","teaser":"","photo_url":"https:\/\/ent.news\/2017\/4\/1565.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>Egypt requests USD 2 bn in World Bank funding, Customs boss arrested - 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\/egypt-requests-usd-2-bn-in-world-bank-funding-customs-boss-arrested\/\" \/>\n<meta property=\"og:locale\" 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