{"id":626822,"date":"2018-07-12T03:38:17","date_gmt":"2018-07-12T03:38:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=626822"},"modified":"2025-12-17T09:22:28","modified_gmt":"2025-12-17T09:22:28","slug":"smoke-prices-rise-today-now-lets-go-to-sahel","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/smoke-prices-rise-today-now-lets-go-to-sahel\/","title":{"rendered":"Smoke prices rise today. Now, let\u2019s go to Sahel."},"content":{"rendered":"<section id=\"626824\" 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=\"626824\">\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\/12\/what-were-tracking-on-12-july-2018\/\">\r\n                            What we\u2019re tracking on 12 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\/12\/what-were-tracking-on-12-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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It\u2019s among the quietest months of the year, particularly after the 2Q \/ 1H earnings season ends in mid-month.<\/p><p><strong>Be prepared for grumbling: Cigarette prices go up today. <\/strong>The non-smokers among us are crowing. (Yes, there\u2019s nothing more pious or self-righteous than reformed smokers.) We have the rundown in Last Night\u2019s Talk Shows, below.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Happy World Population Day. We\u2019re at 7.5 bn people and counting, <\/strong><u><a href=\"https:\/\/www.census.gov\/popclock\/\">according to the US Census Bureau<\/a><\/u>. Projections see the world\u2019s population growing to 9.9 bn individuals by 2050. Here at home, <strong>we hit 96.3 mn citizens at the start of 2018<\/strong>, <u><a href=\"http:\/\/www.capmas.gov.eg\/Pages\/GeneralNews.aspx?page_id=1\">according to a CAPMAS report<\/a><\/u>. Cairo was still the country\u2019s most populous city with 9.9 mn residents at the start of the year, followed by Giza with 8.8 mn, making the Greater Cairo Area some 18.7 mn. One-third of the population was under 15 years and only 3.9% were over 65 years of age, according to the report, which adds that life expectancy has improved for men (to 71.2 years from 66.5 in 2006) and women (to 73 years from 69.1 in 2006). We city dwellers represented 42.6% of the population as of January.<\/p><p><strong>Are the two biggest economies in Africa joining the continent\u2019s freetrade zone?<\/strong> Nigeria plans to sign up to the African Continental Freetrade Zone \u201csoon,\u201d Nigerian President Muhammadu Buhari said on Wednesday following a meeting with South African President Cyril Ramaphosa. The latter had also said that South Africa saw huge benefits from the continental free trade deal and that a draft agreement relating to the movement of people was being reviewed, <u><a href=\"https:\/\/www.reuters.com\/article\/nigeria-trade\/update-2-nigerias-president-buhari-says-will-soon-sign-up-to-african-free-trade-agreement-idUSL8N1U75C6\">Reuters said<\/a><\/u>. The two biggest economies had refused to join the other 44 countries,<u><a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/22\/egypt-signs-continental-freetrade-zone-agreement\/\">including Egypt<\/a><\/u>, who signed on to the agreement when it was inked in March.<\/p><p><strong>The price of oil sank nearly 7% yesterday as the US-China trade war continued to unfold.<\/strong> The fall in Brent, coupled with a sell-off in metals from copper to zinc and agricultural commodities, underscores \u201cwidespread weakness\u201d in commodities markets, the <u><a href=\"https:\/\/www.ft.com\/content\/548e6938-84fd-11e8-a29d-73e3d454535d\">Financial Times<\/a><\/u> writes.<\/p><p><strong>Turkey is getting it behind the ear from global markets <\/strong>after Erdogan predicted interest rates would fall, prompting investors to \u201cfret over the health of the economy,\u201d the <u><a href=\"https:\/\/www.ft.com\/content\/5e645f06-8527-11e8-a29d-73e3d454535d\">Financial Times<\/a><\/u> reports. \u201cInvestors fear that Mr. Erdogan will have a greater say in monetary and economic policy\u201d under the country\u2019s new presidential system and after appointing his son-in-law in charge of the economy. Bloomberg Opinion takes it further, bluntly declaring \u201c<u><a href=\"https:\/\/www.bloomberg.com\/view\/articles\/2018-07-10\/erdogan-s-new-dynasty-makes-turkey-uninvestable\">Erdogan\u2019s new dynasty makes Turkey uninvestable.<\/a><\/u> The president has given investors every reason to turn away.\u201d<\/p><p><strong>Worth a moment of your time<\/strong> if you\u2019re looking for something to fill your commute or to read while you scarf down lunch at your desk:<\/p><ul>\n<li><strong>This PE boss has a secret list of 110 instructions<\/strong> on how to maximize value in a buyout. He claims the list is key to why he\u2019s never lost money on a transaction, the <u><a href=\"https:\/\/www.wsj.com\/articles\/billionaires-secret-buyout-formula-110-instructions-and-an-intelligence-test-1531151197?mod=hp_lead_pos8\">WSJ writes in a profile<\/a><\/u>. <\/li>\n<li>A list of <u><a href=\"http:\/\/www.businessinsider.com\/list-similarities-between-silicon-valley-soviet-union-goes-viral-twitter-2018-7\">the similarities between Silicon Valley and the USSR<\/a><\/u> will make you smile. <\/li>\n<li>The \u201ccruel truth\u201d about what happens when startups raise too much money. (<u><a href=\"http:\/\/www.businessinsider.com\/fanduel-founders-likely-to-lose-out-from-paddy-power-acquisition-2018-7\">Business Insider<\/a><\/u>)<\/li>\n<li>If you live in America, you\u2019ll apparently be <u><a href=\"https:\/\/www.wsj.com\/articles\/why-the-landline-phone-will-never-go-away-1530812621?mod=hp_lista_pos1\">stuck with landlines forever<\/a><\/u>. But don\u2019t worry: <u><a href=\"https:\/\/www.wsj.com\/articles\/phone-calls-are-dead-voice-chat-is-the-future-1531051200?mod=hp_featst_pos1\">Phone calls are dead and voice chat is the future<\/a><\/u>, the WSJ promises (God help us all).<\/li>\n<\/ul><p><strong>Go behind the scenes of one of the world\u2019s most dramatic rescue operations ever. <\/strong>Published the same day as the first pictures of the Thai boys\u2019 football team were made public, the <u><a href=\"https:\/\/www.wsj.com\/articles\/the-thai-cave-rescue-before-its-triumph-teetered-on-the-brink-of-disaster-1531346977\">Wall Street Journal<\/a><\/u> has great look at how they were brought to safety from deep inside a flooded cave network. \u201cOne of the world\u2019s most dramatic rescue missions appeared to take place like clockwork. It narrowly skirted disaster many times. Divers nearly missed finding the trapped soccer team. Thai Navy SEALs had no cave diving experience. A critical pump broke. \u2018I didn\u2019t think anyone would be so crazy as to do this.\u2019\u201d Replete with great color, detail and behind-the-scenes photos, the piece is a must-read if you were as transfixed by the rescue as we were. (And it was hard not to be, if you\u2019re a parent and imagined for half an instant that yours was one of the kids.) Or check out <u><a href=\"https:\/\/www.reuters.com\/article\/us-thailand-accident-cave\/thai-boys-wave-to-the-world-in-first-video-since-their-rescue-idUSKBN1K102O?il=0\">the video of the boys carried by Reuters<\/a><\/u> if you\u2019re not up for a long read.<\/p><p><strong>Looking for a series on which to binge on an upcoming flight? <\/strong><u><a href=\"https:\/\/www.vanityfair.com\/hollywood\/2018\/07\/emmy-nominations-2018-predictions\">The starting point in your quest<\/a><\/u> should be Vanity Fair\u2019s \u201cpredictions for every major category\u201d of the 2018 Emmy nominations.<\/p><p><strong>It\u2019s Croatia and France in the World Cup final<\/strong>. Croatia beat England 2\u20131 yesterday as Mario Mandzukic\u2019s extra-time goal sent them into their first World Cup final ever, <u><a href=\"https:\/\/www.reuters.com\/article\/us-soccer-worldcup-cro-eng\/croatia-and-england-go-to-extra-time-idUSKBN1K12QC\">Reuters reports<\/a><\/u>. The New York Times has <u><a href=\"https:\/\/www.nytimes.com\/2018\/07\/11\/sports\/world-cup\/england-vs-croatia.html\">great color commentary<\/a><\/u>. England and Belgium\u2019s third play place-off will be airing at 4pm on Saturday. France meets Croatia in the final at 5 pm on Sunday.<\/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=\"626825\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-w2y8v5d\" data-v=\"4\" data-block-id=\"w2y8v5d\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-w2y8v5d-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-w2y8v5d-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-wydgd20\" data-v=\"4\" data-block-id=\"wydgd20\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-wydgd20-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-wydgd20-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-e56qw56\" data-v=\"4\" data-block-id=\"e56qw56\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-e56qw56-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-e56qw56-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-ym59rii\" data-v=\"4\" data-block-id=\"ym59rii\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-ym59rii-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-ym59rii-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" 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33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626826\" 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=\"626826\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/smokers-delight\/\">\r\n                            Smoker\u2019s delight                        <\/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\/12\/smokers-delight\/\" 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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           <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/smokers-delight\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626826\" class=\"content-area-description single-story post-626826 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><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>As a nation of smokers wakes up to news that their smokes are more expensive<\/strong>, it is not surprising that the talking heads transfixed by it. In fact, today\u2019s talk show report is all about healthcare: From cancer sticks and hospitals to access to birth control and the Health Ministry\u2019s decision to play the national anthem at state hospitals to improve morale. Side effects may include nausea.<\/p>\n<p><strong>Eastern Tobacco Company is raising the price of the cigarettes it produces <\/strong><strong><u><a href=\"http:\/\/www.almalnews.com\/Story\/382325\/14\/%D8%A8%D8%A7%D9%84%D9%81%D9%8A%D8%AF%D9%8A%D9%88---%D8%AA%D9%81%D8%A7%D8%B5%D9%8A%D9%84-%D8%A7%D9%84%D8%B2%D9%8A%D8%A7%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%A8%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D8%B3%D8%AC%D8%A7%D8%A6%D8%B1-%D8%A8%D8%AF%D8%A1%D8%A7-%D9%85%D9%86-%D8%A7%D9%84%D8%AE%D9%85%D9%8A%D8%B3\">EGP 1.5-3 per pack today<\/a><\/u><\/strong>, which the company\u2019s CEO said was due to the state\u2019s <u><a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/19\/universal-healthcare-act-passes-the-house\/\">EGP 0.75 rise in the sin tax<\/a><\/u> to pay for the new healthcare system. <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/08\/eastern-tobacco-denies-raising-cigarette-prices\/\">Earlier this week<\/a><\/u>, Eastern Tobacco had denied it was raising prices following reports that it increased prices <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/05\/eastern-company-raises-local-cigarette-prices-by-egp-3-25-per-pack\/\">on four local cigarette brands<\/a><\/u>. Eastern CEO Mohamed Haroun told Yahduth fi Masr\u2019s Sherif Amer that the decision has been on the books since January, but these would only come into effect after six months. The sin tax increase should net the state around EGP 3 bn in annual revenues.<\/p>\n<p><strong>The most frightful figure of the interview:<\/strong> Egypt consumes 83 bn cigarettes a year, Haroun said, with an average of 280 mn cigarette per day (we don\u2019t get his math, either) (<u><a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/622026558175654\/\">watch, runtime: 5:34<\/a><\/u>). Haroun also spoke to Masaa DMC\u2019s Osama Kamal to say that other tobacco companies may choose to raise prices more than Eastern has (<u><a href=\"https:\/\/www.youtube.com\/watch?v=MBiHdeNUS30\">watch, runtime: 5:17<\/a><\/u>).<\/p>\n<p><strong>Health Minister Hala Zayed defended her decision to play the national anthem and Hippocratic oath in hospitals<\/strong>, telling Kamal (in an off-camera talk) that it would somehow result in doctors delivering better care to patients. Kamal was not convinced, and neither are we (<u><a href=\"https:\/\/www.youtube.com\/watch?v=oVmnsZh51Po\">watch, runtime: 3:52<\/a><\/u>).<\/p>\n<p><strong>Hona Al Asema tackled women\u2019s access to birth control. <\/strong>The show quoted former deputy Health Minister Maissa Shawki\u2019s statements that some 2 mn women have no access to contraceptives. Lamees Al Hadidi\u2019s current stand-in, Reham Ibrahim, spoke to the head of survey firm Baseera, Maged Othman, who said the figures she quoted were \u201c<a href=\"https:\/\/stop-smoking-guru.com\/\" style=\"color:inherit;text-decoration:inherit;\">stop-smoking-guru.com<\/a>\u201d. He noted that access to contraceptives is generally more limited in Upper Egypt. Othman said around a quarter of Sohag\u2019s women do not have access to birth control. He called on authorities to make this a priority (<u><a href=\"https:\/\/www.youtube.com\/watch?v=eq1r5FGcTlU\">watch, runtime: 9:29<\/a><\/u>).<\/p>\n<p><strong>Supreme Media Council head Makram Mohamed Ahmed answered a summons by the Prosecutor General yesterday<\/strong> to explain his decision to impose a media gag on the corruption investigation of the 57357 Children\u2019s Cancer Hospital. Press Syndicate official Hatem Zakaria told Hona Al Asema that the inquiry has not seen charges brought against Ahmed, but was limited to why he imposed the gag order in the first place (<u><a href=\"https:\/\/www.youtube.com\/watch?v=BbSBVSliHCM\">watch, runtime: 3:17<\/a><\/u>).<\/p>\n<p><strong>The committee tasked with managing Ikhwan assets had so far seized funds belonging to 2,100 alleged members<\/strong>, Masaa DMC\u2019s Osama Kamal said, citing sources. Accounts of some 350 companies, 105 hospitals and medical centers, 120 schools, 1,133 NGOs and 300 feddans have also been seized. On the media front, 16 news website, 16 TV channel, and two newspapers saw their assets sequestered by the committee (<u><a href=\"https:\/\/www.youtube.com\/watch?v=aVsSfhFfsys\">watch, runtime: 5:07<\/a><\/u>).<\/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=\"626827\" 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=\"626827\">\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\/12\/is-the-carry-trade-approaching-a-tipping-point\/\">\r\n                            Is the carry trade approaching a tipping point?                        <\/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\/12\/is-the-carry-trade-approaching-a-tipping-point\/\" 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\/12\/is-the-carry-trade-approaching-a-tipping-point\/')\">\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\/12\/is-the-carry-trade-approaching-a-tipping-point\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Is the carry trade approaching a tipping point?&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/is-the-carry-trade-approaching-a-tipping-point\/\">\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\/12\/is-the-carry-trade-approaching-a-tipping-point\/&title=Is the carry trade approaching a tipping point?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Is+the+carry+trade+approaching+a+tipping+point%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Fis-the-carry-trade-approaching-a-tipping-point%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\/12\/is-the-carry-trade-approaching-a-tipping-point\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626827\" class=\"content-area-description single-story post-626827 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>Is the carry trade approaching a tipping point?<\/strong> <u><a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/07\/Bulletin_2018_5_May-20181.pdf\">CBE data on the balance of payments<\/a><\/u> in April indicated that the foreign holdings of Egyptian debt fell 1.25% m-o-m to EGP 375.5 bn \u2014 the first drop in foreign portfolio investments in 2018, <u><a href=\"https:\/\/alborsanews.com\/2018\/07\/11\/1115428\">according to the local press<\/a><\/u>. As our friend EFG Hermes lead economist Mohamed Abu Basha suggested to Al Mal <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/10\/what-were-tracking-on-10-july-2018-2\/\">earlier this week<\/a><\/u>, \u201chot money\u201d investors have curbed somewhat their appetite for Egyptian treasuries as the central bank\u2019s started guiding interest rates down 1H2018. Early signs among rate watchers are that we\u2019re looking at a slower pace of easing in the back half of the year \u2014 good news for the carry trade, not necessarily for the rest of us who were hoping lower rates might spark corporate borrowing for replacement capex, at least.<\/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=\"626836\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626837\" 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=\"626837\">\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\/12\/what-were-tracking-this-week-and-beyond-115\/\">\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\/12\/what-were-tracking-this-week-and-beyond-115\/\" 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\/12\/what-were-tracking-this-week-and-beyond-115\/')\">\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\/12\/what-were-tracking-this-week-and-beyond-115\/\">\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\/12\/what-were-tracking-this-week-and-beyond-115\/\">\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\/12\/what-were-tracking-this-week-and-beyond-115\/&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%2F12%2Fwhat-were-tracking-this-week-and-beyond-115%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\/12\/what-were-tracking-this-week-and-beyond-115\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626837\" class=\"content-area-description single-story post-626837 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>LEGISLATION WATCH- The Public Contracts Act could be up for discussion before the House general assembly this coming Monday,<\/strong> House Rep. Sylvia Nabil <u><a href=\"http:\/\/almalnews.com\/Story\/382181\/19\/%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D8%AA%D8%AD%D8%B3%D9%85-%D8%A7%D9%84%D8%AC%D8%AF%D9%84-%D8%AD%D9%88%D9%84-%D9%85%D8%B3%D9%85%D9%89-%C2%AB%D8%A7%D9%84%D9%85%D8%B2%D8%A7%D9%8A%D8%AF%D8%A7%D8%AA-%D9%88%D8%A7%D9%84%D9%85%D9%86%D8%A7%D9%82%D8%B5%D8%A7%D8%AA%C2%BB\">tells Al Mal<\/a><\/u>. The House\u2019s Budget Committee expects to put its final touches on the bill on Saturday, she adds. The law, which aims to decentralize and streamline tender procedures, had been sent back to the committee to be revised after its name was changed from the Tenders and Auctions Act. <strong>Just don\u2019t expect it to become law before later this fall: <\/strong>Once introduced to the general assembly, the bill will move to the Council of State for review before it can be ratified by the House, which <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/10\/public-contracts-act-could-go-back-to-house-general-assembly-in-two-weeks-issued-in-4-months\/\">we heard earlier this week<\/a><\/u> could happen in four months\u2019 time.<\/p>\n<p><strong>You have an opportunity to sneak in a long weekend:<\/strong> Monday, 23 July is a national holiday in observance of Revolution Day. Expect half the nation\u2019s workforce to try to \u201cbridge\u201d the Sunday and get a four-day weekend.<\/p>\n<p>The Cairo Court of Appeals is expected to rule on Monday, 16 July on <strong>Ibnsina Pharma\u2019s appeal of bns worth of antitrust sanctions<\/strong> imposed in a case brought by the Egyptian Competition Authority.<\/p>\n<p><strong>The deadline for the World Bank\u2019s <\/strong><strong><u><a href=\"https:\/\/www.digitalag4egypt.com\/\">\u201cDigitalAG4Egypt\u201d competition<\/a><\/u><\/strong> for business ideas built around logistics, value-added services, fintech relevant to agriculture was extended to 30 July.<\/p>\n<p>President Abdel Fattah El Sisi will reportedly unveil a <strong>new education program<\/strong> this month. It is unclear whether the program is K-12 or post-secondary.<\/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=\"626838\" 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=\"626838\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/rising-global-debt-levels-are-a-cause-for-concerns-for-ems\/\">\r\n                            Rising global debt levels are a \u201ccause for concerns\u201d for EMs                        <\/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\/12\/rising-global-debt-levels-are-a-cause-for-concerns-for-ems\/\" 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\/12\/rising-global-debt-levels-are-a-cause-for-concerns-for-ems\/')\">\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\/12\/rising-global-debt-levels-are-a-cause-for-concerns-for-ems\/\">\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=Rising global debt levels are a \u201ccause for concerns\u201d for EMs&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/rising-global-debt-levels-are-a-cause-for-concerns-for-ems\/\">\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\/12\/rising-global-debt-levels-are-a-cause-for-concerns-for-ems\/&title=Rising global debt levels are a \u201ccause for concerns\u201d for EMs\">\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=Rising+global+debt+levels+are+a+%E2%80%9Ccause+for+concerns%E2%80%9D+for+EMs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Frising-global-debt-levels-are-a-cause-for-concerns-for-ems%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\/12\/rising-global-debt-levels-are-a-cause-for-concerns-for-ems\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1022.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"626839\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/rising-global-debt-levels-are-a-cause-for-concerns-for-ems\/1022-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1022.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1022.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1022.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1022.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626838\" class=\"content-area-description single-story post-626838 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The rise of global debt to over USD 247 tn alongside tightening financial conditions is a \u201ccause for concern\u201d for EMs,<\/strong> Jonathan Wheatley writes for <u><a href=\"https:\/\/www.ft.com\/content\/63ae0540-844e-11e8-96dd-fa565ec55929\">the Financial Times<\/a><\/u>. According to the Institute of International Finance (IIF), appetite for currencies and bonds in EM including Argentina, Turkey, and Brazil has been on a downwards trend as \u201cthe vulnerability of countries with high inflation and large current account and budget deficits\u201d become increasingly evident. \u201cWhen you combine a rising rate environment, stronger [USD] and low levels of liquidity, you have a recipe for volatility and the exacerbation of any periods of market strain,\u201d says IIF Senior Director Sonja Gibbs.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626840\" 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=\"626840\">\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\/12\/alexandria-sarcophagus-discovery-tops-coverage-of-egypt-on-a-slow-news-morning\/\">\r\n                            Alexandria sarcophagus discovery tops coverage of Egypt on a slow news morning                        <\/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\/12\/alexandria-sarcophagus-discovery-tops-coverage-of-egypt-on-a-slow-news-morning\/\" 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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The black granite casket is apparently causing a ruckus because archaeologists don\u2019t know who\u2019s inside, <u><a href=\"https:\/\/metro.co.uk\/2018\/07\/11\/mysterious-black-sarcophagus-unearthed-egypt-dont-know-inside-7702341\/\">according to Metro<\/a><\/u>.<\/p>\n<p>Coming in at a close second is <u><a href=\"https:\/\/www.news24.com\/Africa\/News\/egypt-says-security-forces-kill-11-militants-in-sinai-20180711\">wire coverage<\/a><\/u> of <strong>security forces killing 11 militants in a North Sinai shootout<\/strong>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626844\" 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=\"626844\">\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\/12\/national-anthem-daily-dose-is-not-enough-to-keep-hospitals-up-and-running\/\">\r\n                            National anthem daily dose is not enough to keep hospitals up and running                        <\/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\/12\/national-anthem-daily-dose-is-not-enough-to-keep-hospitals-up-and-running\/\" 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\/12\/national-anthem-daily-dose-is-not-enough-to-keep-hospitals-up-and-running\/')\">\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\/12\/national-anthem-daily-dose-is-not-enough-to-keep-hospitals-up-and-running\/\">\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=National anthem daily dose is not enough to keep hospitals up and running&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/national-anthem-daily-dose-is-not-enough-to-keep-hospitals-up-and-running\/\">\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\/12\/national-anthem-daily-dose-is-not-enough-to-keep-hospitals-up-and-running\/&title=National anthem daily dose is not enough to keep hospitals up and running\">\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=National+anthem+daily+dose+is+not+enough+to+keep+hospitals+up+and+running+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Fnational-anthem-daily-dose-is-not-enough-to-keep-hospitals-up-and-running%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\/12\/national-anthem-daily-dose-is-not-enough-to-keep-hospitals-up-and-running\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626844\" class=\"content-area-description single-story post-626844 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>A daily dose of the national anthem to instill \u201cnational identity and pride\u201d is not enough to keep hospitals up and running, <\/strong>\u00a0<u><a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=11072018&id=442ece78-0bc9-410f-8088-e09d646e009f\">Ashraf El Berbery writes to Al Shorouk<\/a><\/u>. He suggests that the state needs to focus on improving dire conditions in \u201cnegligent and overcrowded\u201d hospitals lacking basic supplies. \u201cDoctors do not need to renew their nationalism or commitment to their job, they need fair wages to compensate their long and stressful working hours.<\/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=\"626845\" 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=\"626845\">\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\/12\/whatsapp-introduces-new-forwarded-message-feature-in-india-to-address-fake-news\/\">\r\n                            WhatsApp introduces new \u201cforwarded message\u201d feature in India to address fake news                        <\/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\/12\/whatsapp-introduces-new-forwarded-message-feature-in-india-to-address-fake-news\/\" 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\/12\/whatsapp-introduces-new-forwarded-message-feature-in-india-to-address-fake-news\/')\">\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\/12\/whatsapp-introduces-new-forwarded-message-feature-in-india-to-address-fake-news\/\">\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=WhatsApp introduces new \u201cforwarded message\u201d feature in India to address fake news&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/whatsapp-introduces-new-forwarded-message-feature-in-india-to-address-fake-news\/\">\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\/12\/whatsapp-introduces-new-forwarded-message-feature-in-india-to-address-fake-news\/&title=WhatsApp introduces new \u201cforwarded message\u201d feature in India to address fake news\">\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=WhatsApp+introduces+new+%E2%80%9Cforwarded+message%E2%80%9D+feature+in+India+to+address+fake+news+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Fwhatsapp-introduces-new-forwarded-message-feature-in-india-to-address-fake-news%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\/12\/whatsapp-introduces-new-forwarded-message-feature-in-india-to-address-fake-news\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1248.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"626846\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/whatsapp-introduces-new-forwarded-message-feature-in-india-to-address-fake-news\/1248-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1248.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1248.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1248.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1248.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626845\" class=\"content-area-description single-story post-626845 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>WhatsApp introduces new \u201cforwarded message\u201d feature in India to address fake news:<\/strong> WhatsApp has rolled out a new feature that notifies users in India \u2014 the biggest market for WhatsApp in the world \u2014 when a message they have received was forwarded and not originally composed by the sender in an attempt to curb the circulation of fake news, <u><a href=\"https:\/\/www.ft.com\/content\/c1158302-84cb-11e8-96dd-fa565ec55929\">according to the Financial Times<\/a><\/u>. \u201cThe Facebook-owned messaging service introduced the new feature for some users on Wednesday as part of a wider attempt to repair its reputation following a spate of lynchings in India that were alleged to have been sparked by false WhatsApp rumours.\u201d However, while the messaging service is trying to address the \u201cfake news\u201d issue, it is <strong>wary of the fine line between controlling false content and infringing on users\u2019 privacy and anonymity<\/strong>.<\/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=\"626847\" 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=\"626847\">\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\/12\/giza-zoo-takes-additional-measures-to-help-keep-its-animals-comfortable-in-the-sweltering-heat\/\">\r\n                            Giza Zoo takes \u201cadditional measures\u201d to help keep its animals comfortable in the sweltering heat                        <\/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\/12\/giza-zoo-takes-additional-measures-to-help-keep-its-animals-comfortable-in-the-sweltering-heat\/\" 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\/12\/giza-zoo-takes-additional-measures-to-help-keep-its-animals-comfortable-in-the-sweltering-heat\/')\">\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\/12\/giza-zoo-takes-additional-measures-to-help-keep-its-animals-comfortable-in-the-sweltering-heat\/\">\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=Giza Zoo takes \u201cadditional measures\u201d to help keep its animals comfortable in the sweltering heat&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/giza-zoo-takes-additional-measures-to-help-keep-its-animals-comfortable-in-the-sweltering-heat\/\">\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\/12\/giza-zoo-takes-additional-measures-to-help-keep-its-animals-comfortable-in-the-sweltering-heat\/&title=Giza Zoo takes \u201cadditional measures\u201d to help keep its animals comfortable in the sweltering heat\">\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=Giza+Zoo+takes+%E2%80%9Cadditional+measures%E2%80%9D+to+help+keep+its+animals+comfortable+in+the+sweltering+heat+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Fgiza-zoo-takes-additional-measures-to-help-keep-its-animals-comfortable-in-the-sweltering-heat%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\/12\/giza-zoo-takes-additional-measures-to-help-keep-its-animals-comfortable-in-the-sweltering-heat\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/2237.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"626848\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/giza-zoo-takes-additional-measures-to-help-keep-its-animals-comfortable-in-the-sweltering-heat\/2237-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/2237.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2237.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/2237.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/2237.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626847\" class=\"content-area-description single-story post-626847 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Giza Zoo has taken \u201cadditional measures\u201d to help keep its animals comfortable in Egypt\u2019s sweltering heat<\/strong>, according to WFLA. Zookeepers have been giving the animals a steady supply of cool treats \u2014 including frozen chunks of watermelon one bear is seen munching on \u2014and altered their daily routines, while the zoo has installed water access in the animals\u2019 housing areas (<u><a href=\"https:\/\/www.wfla.com\/national\/egypt-zoo-escalates-measures-to-help-animals-combat-killer-temperatures\/1294698701\">watch, runtime: 2:26<\/a><\/u>)<\/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=\"626849\" 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=\"626849\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/trade-minister-meets-world-bank-delegation-to-discuss-current-future-projects-in-egypt\/\">\r\n                            Trade Minister meets World Bank delegation to discuss current, future projects in Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/trade-minister-meets-world-bank-delegation-to-discuss-current-future-projects-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/trade-minister-meets-world-bank-delegation-to-discuss-current-future-projects-in-egypt\/')\">\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\/12\/trade-minister-meets-world-bank-delegation-to-discuss-current-future-projects-in-egypt\/\">\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=Trade Minister meets World Bank delegation to discuss current, future projects in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/trade-minister-meets-world-bank-delegation-to-discuss-current-future-projects-in-egypt\/\">\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\/12\/trade-minister-meets-world-bank-delegation-to-discuss-current-future-projects-in-egypt\/&title=Trade Minister meets World Bank delegation to discuss current, future projects in Egypt\">\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=Trade+Minister+meets+World+Bank+delegation+to+discuss+current%2C+future+projects+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Ftrade-minister-meets-world-bank-delegation-to-discuss-current-future-projects-in-egypt%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\/12\/trade-minister-meets-world-bank-delegation-to-discuss-current-future-projects-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626849\" class=\"content-area-description single-story post-626849 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Trade Minister meets World Bank delegation to discuss current, future projects in Egypt:<\/strong> Trade and Industry Minister Amr Nassar met yesterday with a delegation from the World Bank to discuss ongoing and future projects the bank is funding in Egypt, <u><a href=\"http:\/\/www.mti.gov.eg\/English\/MediaCenter\/News\/Pages\/Nassar-meets-WB-delegation-to-discuss-further-cooperation-.aspx\">according to a ministry statement<\/a><\/u>. The two sides looked into potentially cooperating on \u201cdeveloping competition protection policies and promoting energy efficiency,\u201d among others. Yesterday\u2019s meeting comes as the government <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/10\/egypt-requests-usd-2-bn-in-funding-from-the-world-bank-2\/\">is closing in on USD 2 bn<\/a><\/u> funding package from the bank, which Egypt requested during the delegation\u2019s ongoing visit.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626852\" 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=\"626852\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/indian-company-awarded-usd-60-70-mn-contracts-for-sudan-interconnection\/\">\r\n                            Indian company awarded USD 60-70 mn contracts for Sudan interconnection                        <\/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\/12\/indian-company-awarded-usd-60-70-mn-contracts-for-sudan-interconnection\/\" 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\/12\/indian-company-awarded-usd-60-70-mn-contracts-for-sudan-interconnection\/')\">\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\/12\/indian-company-awarded-usd-60-70-mn-contracts-for-sudan-interconnection\/\">\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=Indian company awarded USD 60-70 mn contracts for Sudan interconnection&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/indian-company-awarded-usd-60-70-mn-contracts-for-sudan-interconnection\/\">\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\/12\/indian-company-awarded-usd-60-70-mn-contracts-for-sudan-interconnection\/&title=Indian company awarded USD 60-70 mn contracts for Sudan interconnection\">\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=Indian+company+awarded+USD+60-70+mn+contracts+for+Sudan+interconnection+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Findian-company-awarded-usd-60-70-mn-contracts-for-sudan-interconnection%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\/12\/indian-company-awarded-usd-60-70-mn-contracts-for-sudan-interconnection\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626852\" class=\"content-area-description single-story post-626852 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\/.f64de955-b69a-4815-97dd-5c7784c87ec8.mp3\"><\/audio><\/figure>\n<p>An Indian company has reportedly been awarded the contract for the USD 60-70 mn power interconnection project with Sudan, Electricity Minister Mohamed Shaker said on Tuesday, according to <u><a href=\"http:\/\/www.sudantribune.com\/spip.php?article65832\">the Sudan Tribune<\/a><\/u>. Shaker reportedly said that the final contracts will be signed \u201csoon\u201d and that the first phase of the project will be complete within four months. The report conflicts with <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/10\/eetc-to-issue-global-tender-for-sudan-interconnection-project-for-a-third-time-in-august\/\">claims earlier this week<\/a><\/u> that the Egyptian Electricity Transmission Company would re-issue the tender for the project, as the Indian company lacks the experience necessary for the project, despite putting forth the best offer.<\/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=\"626855\" 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=\"626855\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/local-investors-eye-industrial-projects-worth-egp-500-mn-in-sohag\/\">\r\n                            Local investors eye industrial projects worth EGP 500 mn in Sohag                        <\/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\/12\/local-investors-eye-industrial-projects-worth-egp-500-mn-in-sohag\/\" 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\/12\/local-investors-eye-industrial-projects-worth-egp-500-mn-in-sohag\/')\">\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\/12\/local-investors-eye-industrial-projects-worth-egp-500-mn-in-sohag\/\">\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=Local investors eye industrial projects worth EGP 500 mn in Sohag&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/local-investors-eye-industrial-projects-worth-egp-500-mn-in-sohag\/\">\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\/12\/local-investors-eye-industrial-projects-worth-egp-500-mn-in-sohag\/&title=Local investors eye industrial projects worth EGP 500 mn in Sohag\">\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=Local+investors+eye+industrial+projects+worth+EGP+500+mn+in+Sohag+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Flocal-investors-eye-industrial-projects-worth-egp-500-mn-in-sohag%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\/12\/local-investors-eye-industrial-projects-worth-egp-500-mn-in-sohag\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626855\" class=\"content-area-description single-story post-626855 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.b49a3a18-fc77-4701-8f03-fabf33e4f4f8.mp3\"><\/audio><\/figure>\n<p>Several local investors are looking into setting up food and heavy industry projects worth a combined EGP 500 mn in the industrial zone in Sohag\u2019s Girga, Sohag Investors\u2019 Union head <u><a href=\"https:\/\/alborsanews.com\/2018\/07\/10\/1115008\">Mahmoud El Shandaweely said<\/a><\/u>. The union is set to meet with these investors by the end of next month to look into diversifying their investments into other sectors, including manufacturing medical equipment, automotive components, household appliances, and tiles, among others, according to El Shandaweely.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626856\" 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=\"626856\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/oud-breaks-ground-on-egp-350-mn-heliopolis-hills-residential-compound\/\">\r\n                            OUD breaks ground on EGP 350 mn Heliopolis Hills residential compound                        <\/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\/12\/oud-breaks-ground-on-egp-350-mn-heliopolis-hills-residential-compound\/\" 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\/12\/oud-breaks-ground-on-egp-350-mn-heliopolis-hills-residential-compound\/')\">\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\/12\/oud-breaks-ground-on-egp-350-mn-heliopolis-hills-residential-compound\/\">\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=OUD breaks ground on EGP 350 mn Heliopolis Hills residential compound&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/oud-breaks-ground-on-egp-350-mn-heliopolis-hills-residential-compound\/\">\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\/12\/oud-breaks-ground-on-egp-350-mn-heliopolis-hills-residential-compound\/&title=OUD breaks ground on EGP 350 mn Heliopolis Hills residential compound\">\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=OUD+breaks+ground+on+EGP+350+mn+Heliopolis+Hills+residential+compound+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Foud-breaks-ground-on-egp-350-mn-heliopolis-hills-residential-compound%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\/12\/oud-breaks-ground-on-egp-350-mn-heliopolis-hills-residential-compound\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626856\" class=\"content-area-description single-story post-626856 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing 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\/.9fa1488e-f641-4706-b549-d28d8a314244.mp3\"><\/audio><\/figure>\n<p>Oriental Weavers subsidiary Orientals for Urban Development (OUD) has broken ground on its EGP 350 mn Heliopolis Hills residential compound in Obour City, Chairman Mohamed Farid Khamis said yesterday, Amwal Al Ghad reports. OUD expects to complete the 18-feddan project by 1Q2020.<\/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\/real-estate-housing\/\">Real Estate + Housing<\/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=\"626857\" 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=\"626857\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/gth-taps-kamco-fincorp-as-financial-advisors-for-veon-acquisition-offer\/\">\r\n                            GTH taps KAMCO, Fincorp as financial advisors for Veon acquisition offer                        <\/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\/12\/gth-taps-kamco-fincorp-as-financial-advisors-for-veon-acquisition-offer\/\" 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\/12\/gth-taps-kamco-fincorp-as-financial-advisors-for-veon-acquisition-offer\/')\">\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\/12\/gth-taps-kamco-fincorp-as-financial-advisors-for-veon-acquisition-offer\/\">\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=GTH taps KAMCO, Fincorp as financial advisors for Veon acquisition offer&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/gth-taps-kamco-fincorp-as-financial-advisors-for-veon-acquisition-offer\/\">\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\/12\/gth-taps-kamco-fincorp-as-financial-advisors-for-veon-acquisition-offer\/&title=GTH taps KAMCO, Fincorp as financial advisors for Veon acquisition offer\">\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=GTH+taps+KAMCO%2C+Fincorp+as+financial+advisors+for+Veon+acquisition+offer+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Fgth-taps-kamco-fincorp-as-financial-advisors-for-veon-acquisition-offer%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\/12\/gth-taps-kamco-fincorp-as-financial-advisors-for-veon-acquisition-offer\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626857\" class=\"content-area-description single-story post-626857 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\/.d522c5a0-cd77-46eb-ade7-8cd42a28dea5.mp3\"><\/audio><\/figure>\n<p>Global Telecom Holdings\u2019 board of directors has tapped KAMCO Investment Company and Fincorp Investment Holding as financial advisors for Amsterdam-based Veon Holdings\u2019 acquisition offer, the company said in a <u><a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/218965_1.pdf\">statement to the EGX (pdf)<\/a><\/u>. Veon had made an offer last week to acquire GTH\u2019s Pakistan subsidiary Jazz and its associated operations, in addition to Bangladesh telco Banglalink, for USD 2.6 bn. The transaction has yet to be approved by GTH\u2019s minority shareholders. Veon, which owns 57.7% of GTH, will abstain from voting. The firm had made a mandatory offer to purchase the remaining 42.3% of GTH for nearly EGP 15.5 bn back in November, but <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/04\/veon-withdraws-mandatory-offer-to-purchase-remaining-stake-of-global-telecom\/\">withdrew the offer in April<\/a><\/u>, causing GTH\u2019s shares to tank.<\/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=\"626859\" 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=\"626859\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egypt-receives-eur-100-mn-from-afd-to-finance-cairo-metro-line-1-infrastructure\/\">\r\n                            Egypt receives EUR 100 mn from AFD to finance Cairo Metro Line 1 infrastructure                        <\/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\/12\/egypt-receives-eur-100-mn-from-afd-to-finance-cairo-metro-line-1-infrastructure\/\" 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\/12\/egypt-receives-eur-100-mn-from-afd-to-finance-cairo-metro-line-1-infrastructure\/')\">\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\/12\/egypt-receives-eur-100-mn-from-afd-to-finance-cairo-metro-line-1-infrastructure\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt receives EUR 100 mn from AFD to finance Cairo Metro Line 1 infrastructure&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egypt-receives-eur-100-mn-from-afd-to-finance-cairo-metro-line-1-infrastructure\/\">\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\/12\/egypt-receives-eur-100-mn-from-afd-to-finance-cairo-metro-line-1-infrastructure\/&title=Egypt receives EUR 100 mn from AFD to finance Cairo Metro Line 1 infrastructure\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+receives+EUR+100+mn+from+AFD+to+finance+Cairo+Metro+Line+1+infrastructure+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Fegypt-receives-eur-100-mn-from-afd-to-finance-cairo-metro-line-1-infrastructure%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\/12\/egypt-receives-eur-100-mn-from-afd-to-finance-cairo-metro-line-1-infrastructure\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626859\" class=\"content-area-description single-story post-626859 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\/.c1ef6df3-de80-4952-919f-83adf4cd3718.mp3\"><\/audio><\/figure>\n<p>Egypt has received the first EUR 100 mn tranche from the French Development Agency (AFD) to finance the infrastructure development of Cairo Metro Line 1, National Authority for Tunnels head Tarek Gamal Al Din said, according to Amwal Al Ghad. It\u2019s unclear whether this financing is part of a EUR 600 mn funding agreement <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/25\/infrastructure-watch-european-funding-in-the-pipeline-for-cairo-metro-line-one-dry-ports-desalination-plant-and-alexandria-tram\/\">that was expected<\/a><\/u> to be signed with the EBRD, the European Investment Bank (EIB) and AFD to finance the project back in February. Egypt is expecting to receive an additional EUR 1 mn tranch by the end of the year, Gamal Al Din said, without disclosing more details. Total investments in developing the country\u2019s rail network are expected to reach EGP 220 bn by 2030, <u><a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D8%A8%D9%85%D8%AC%D9%84%D8%B3-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D9%87%D9%8A%D8%A6%D8%A9-%D8%A7%D9%84%D9%82%D9%88%D9%85%D9%8A%D8%A9-%D9%84%D8%B3%D9%83%D9%83-%D8%AD%D8%AF%D9%8A%D8%AF-%D9%85%D8%B5%D8%B1%E2%80%8E.aspx\">according to a Cabinet statement<\/a><\/u>.<\/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=\"626861\" 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=\"626861\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/nbe-to-direct-usd-150-mn-of-usd-750-mn-loan-towards-sme-financing\/\">\r\n                            NBE to direct USD 150 mn of USD 750 mn loan towards SME financing                        <\/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\/12\/nbe-to-direct-usd-150-mn-of-usd-750-mn-loan-towards-sme-financing\/\" 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\/12\/nbe-to-direct-usd-150-mn-of-usd-750-mn-loan-towards-sme-financing\/')\">\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\/12\/nbe-to-direct-usd-150-mn-of-usd-750-mn-loan-towards-sme-financing\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=NBE to direct USD 150 mn of USD 750 mn loan towards SME financing&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/nbe-to-direct-usd-150-mn-of-usd-750-mn-loan-towards-sme-financing\/\">\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\/12\/nbe-to-direct-usd-150-mn-of-usd-750-mn-loan-towards-sme-financing\/&title=NBE to direct USD 150 mn of USD 750 mn loan towards SME financing\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=NBE+to+direct+USD+150+mn+of+USD+750+mn+loan+towards+SME+financing+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Fnbe-to-direct-usd-150-mn-of-usd-750-mn-loan-towards-sme-financing%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\/12\/nbe-to-direct-usd-150-mn-of-usd-750-mn-loan-towards-sme-financing\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626861\" class=\"content-area-description single-story post-626861 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.046bfd44-5a34-460e-a742-b799c85e7740.mp3\"><\/audio><\/figure>\n<p>The National Bank of Egypt (NBE) is planning to direct USD 150 mn of a USD 750 mn syndicated loan it received towards SME financing, <u><a href=\"http:\/\/almalnews.com\/Story\/382178\/12\/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%89-%D9%8A%D9%88%D8%AC%D9%87-150-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%85%D9%86-%D9%82%D8%B1%D8%B6-%D8%AF%D9%88%D9%84%D9%89-%D8%A5%D9%84%D9%89-\">Al Mal reports<\/a><\/u>. The bank will use the remaining USD 600 mn for corporate credit, according to an unidentified source. NBE had signed the USD 750 mn loan agreement last month with several institutions, including the European Bank for Reconstruction and Development, Standard Chartered, Citibank, HSBC, Emirates NBD, and the Commercial Bank of Dubai.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626862\" 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=\"626862\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egyptian-saudi-company-looks-to-establish-egp-10-bn-worth-of-projects-including-medical-city-in-new-capital\/\">\r\n                            Egyptian-Saudi company looks to establish EGP 10 bn-worth of projects, including medical city in new capital                        <\/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\/12\/egyptian-saudi-company-looks-to-establish-egp-10-bn-worth-of-projects-including-medical-city-in-new-capital\/\" 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\/12\/egyptian-saudi-company-looks-to-establish-egp-10-bn-worth-of-projects-including-medical-city-in-new-capital\/')\">\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\/12\/egyptian-saudi-company-looks-to-establish-egp-10-bn-worth-of-projects-including-medical-city-in-new-capital\/\">\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=Egyptian-Saudi company looks to establish EGP 10 bn-worth of projects, including medical city in new capital&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egyptian-saudi-company-looks-to-establish-egp-10-bn-worth-of-projects-including-medical-city-in-new-capital\/\">\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\/12\/egyptian-saudi-company-looks-to-establish-egp-10-bn-worth-of-projects-including-medical-city-in-new-capital\/&title=Egyptian-Saudi company looks to establish EGP 10 bn-worth of projects, including medical city in new capital\">\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=Egyptian-Saudi+company+looks+to+establish+EGP+10+bn-worth+of+projects%2C+including+medical+city+in+new+capital+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Fegyptian-saudi-company-looks-to-establish-egp-10-bn-worth-of-projects-including-medical-city-in-new-capital%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\/12\/egyptian-saudi-company-looks-to-establish-egp-10-bn-worth-of-projects-including-medical-city-in-new-capital\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626862\" class=\"content-area-description single-story post-626862 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.0175bef1-6357-44a0-b5ed-5ebd0bf77edd.mp3\"><\/audio><\/figure>\n<p>An Egyptian-Saudi venture that goes by the name of Spine Medical (which appears to have no solid internet presence) is allegedly looking to invest EGP 10 bn in projects at the new administrative capital, New Administrative Capital Company (NACC) spokesperson Khaled El Hosseini said yesterday, <u><a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1306467\">Al Masry Al Youm reports<\/a><\/u>. El Hosseini claimed that a delegation from the company met with NACC boss Ahmed Zaki Abdien yesterday to pitch their medical city and Dragon City mal projects, as well as other industrial ventures, including a facility \u2014 possibly in 10 Ramadan City \u2014 to manufacture surveillance and remote control equipment for smart buildings at the new capital and new urban communities around it.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626863\" 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=\"626863\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">Law<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/zaki-hashem-partners-legal-advisor-on-20-mas-worth-c-egp-400-mn-each\/\">\r\n                            Zaki Hashem &amp; Partners legal advisor on 20 M&amp;As worth c.EGP 400 mn each                        <\/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\/12\/zaki-hashem-partners-legal-advisor-on-20-mas-worth-c-egp-400-mn-each\/\" 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\/12\/zaki-hashem-partners-legal-advisor-on-20-mas-worth-c-egp-400-mn-each\/')\">\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\/12\/zaki-hashem-partners-legal-advisor-on-20-mas-worth-c-egp-400-mn-each\/\">\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=Zaki Hashem &#038; Partners legal advisor on 20 M&#038;As worth c.EGP 400 mn each&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/zaki-hashem-partners-legal-advisor-on-20-mas-worth-c-egp-400-mn-each\/\">\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\/12\/zaki-hashem-partners-legal-advisor-on-20-mas-worth-c-egp-400-mn-each\/&title=Zaki Hashem &#038; Partners legal advisor on 20 M&#038;As worth c.EGP 400 mn each\">\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=Zaki+Hashem+%26%23038%3B+Partners+legal+advisor+on+20+M%26%23038%3BAs+worth+c.EGP+400+mn+each+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Fzaki-hashem-partners-legal-advisor-on-20-mas-worth-c-egp-400-mn-each%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\/12\/zaki-hashem-partners-legal-advisor-on-20-mas-worth-c-egp-400-mn-each\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626863\" class=\"content-area-description single-story post-626863 post type-post status-publish format-standard hentry category-law tag-enterpriseam tag-law 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\/.786684ac-d9ed-440c-a2f7-a156f3525b75.mp3\"><\/audio><\/figure>\n<p>Zaki Hashem & Partners has been tapped as a legal advisor for 20 M&A transactions valued at around EGP 400 mn per transaction, Managing Partner Yasser Hashem tells Amwal Al Ghad. The acquisitions are across different sectors, including financial services, industrial and healthcare sector.<\/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\/law\/\">law<\/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=\"626864\" 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=\"626864\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egyptian-uk-navy-talk-cooperation-at-hms-argyll-in-alexandria\/\">\r\n                            Egyptian-UK navy talk cooperation at HMS Argyll in Alexandria                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egyptian-uk-navy-talk-cooperation-at-hms-argyll-in-alexandria\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egyptian-uk-navy-talk-cooperation-at-hms-argyll-in-alexandria\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egyptian-uk-navy-talk-cooperation-at-hms-argyll-in-alexandria\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian-UK navy talk cooperation at HMS Argyll in Alexandria&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egyptian-uk-navy-talk-cooperation-at-hms-argyll-in-alexandria\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egyptian-uk-navy-talk-cooperation-at-hms-argyll-in-alexandria\/&title=Egyptian-UK navy talk cooperation at HMS Argyll in Alexandria\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian-UK+navy+talk+cooperation+at+HMS+Argyll+in+Alexandria+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Fegyptian-uk-navy-talk-cooperation-at-hms-argyll-in-alexandria%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egyptian-uk-navy-talk-cooperation-at-hms-argyll-in-alexandria\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626864\" class=\"content-area-description single-story post-626864 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.5ebc2010-a66f-469b-a612-689881530a25.mp3\"><\/audio><\/figure>\n<p>Egyptian and UK naval officers discussed maritime security and counterterrorism cooperation at the Royal Navy\u2019s HMS Argyll currently docking in Alexandria, <u><a href=\"https:\/\/www.cnbcafrica.com\/apo\/2018\/07\/11\/hms-argyll-visits-egypt-in-boost-to-united-kingdom-egyptian-naval-cooperation\/\">CNBC Africa reports<\/a><\/u>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626865\" 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=\"626865\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/cib-sponsors-egyptian-junior-squash-team\/\">\r\n                            CIB sponsors Egyptian Junior Squash Team                        <\/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\/12\/cib-sponsors-egyptian-junior-squash-team\/\" 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\/12\/cib-sponsors-egyptian-junior-squash-team\/')\">\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\/12\/cib-sponsors-egyptian-junior-squash-team\/\">\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=CIB sponsors Egyptian Junior Squash Team&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/cib-sponsors-egyptian-junior-squash-team\/\">\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\/12\/cib-sponsors-egyptian-junior-squash-team\/&title=CIB sponsors Egyptian Junior Squash Team\">\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=CIB+sponsors+Egyptian+Junior+Squash+Team+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F12%2Fcib-sponsors-egyptian-junior-squash-team%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\/12\/cib-sponsors-egyptian-junior-squash-team\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1985.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"626866\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/cib-sponsors-egyptian-junior-squash-team\/1985-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1985.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1985.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1985.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1985.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626865\" class=\"content-area-description single-story post-626865 post type-post status-publish format-standard has-post-thumbnail hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Our friends at CIB are the proud sponsors of the Egyptian Squash Federation\u2019s Junior Squash team.CIB is also sponsoring Junior Squash team athletes Mostafa Assal and Hania El Hammamy. The team will be representing Egypt at the <u><a href=\"https:\/\/www.wsfworldjuniors.com\/\">WSF World Junior Squash Championships 2018 in Chennai<\/a><\/u>, India, on 18 July. Last year saw the junior team make <u><a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/25\/egyptian-squash-clean-sweeps-junior-squash-championships\/\">a clean sweep at the championships<\/a><\/u>, with the women\u2019s team <u><a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/30\/egypts-women-team-victory-at-world-junior-squash-championship\/\">winning its sixth consecutive<\/a><\/u> World Junior Squash Championship in New Zealand.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626869\" 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=\"626869\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">21<\/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\/12\/egyptian-film-akhdar-yabes-set-to-screen-at-tunisias-first-ever-manarat-film-festival\/\">\r\n                            Egyptian film Akhdar Yabes set to screen at Tunisia\u2019s first-ever Manarat film festival                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/egyptian-film-akhdar-yabes-set-to-screen-at-tunisias-first-ever-manarat-film-festival\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The film, directed by Mohamed Hammad, revolves around a woman grappling with cultural traditions as she \u201cattempts to convince her uncles to attend her younger sister\u2019s engagement.\u201d The film previously won the Muhr Feature Award for Best Director at the Dubai International Film Festival.<\/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=\"626873\" 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=\"626873\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">22<\/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\/12\/626873\/\">\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\/12\/626873\/\" 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\/12\/626873\/')\">\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\/12\/626873\/\">\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\/12\/626873\/\">\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\/12\/626873\/&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%2F12%2F626873%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\/12\/626873\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626873\" class=\"content-area-description single-story post-626873 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.84 | Sell 17.94<\/p>\n<p><strong>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> (Wednesday): 15,952 (+0.2%)<br \/>\n <strong>Turnover:<\/strong> EGP 799 mn (19% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +6.2%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session up 0.2%. CIB, the index heaviest constituent ended up 0.1%. EGX30\u2019s top performing constituents were Egyptian Iron & Steel up 7.5%, Kima up 5.5%, and Arab Cotton Ginning up 3.3%. Yesterday\u2019s worst performing stocks were SODIC down 2.8%, Heliopolis Housing down 2.7%, and Madinet Nasr Housing down 1.2%. The market turnover was EGP 799 mn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -75.2 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -23.4 mn<br \/>\n <strong>Domestic<\/strong>: Net Long| EGP +98.6 mn<\/p>\n<p><strong>Retail<\/strong>: 65.2% of total trades | 66.3% of buyers | 64.1% of sellers<br \/>\n <strong>Institutions<\/strong>: 34.8% of total trades | 33.7% of buyers | 35.9% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 15.1% of total | 10.4% of buyers | 19.8% of sellers<br \/>\n <strong>Regional:<\/strong> 9.3% of total | 7.8% of buyers | 10.8% of sellers<br \/>\n <strong>Domestic:<\/strong> 75.6% of total | 81.8% of buyers | 69.4% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 70.58 (+0.28%)<br \/>\n <strong>Brent:<\/strong> USD 74.37 (+1.32%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.82 MMBtu, (-0.18%, August 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,243.20\/ troy ounce (-0.10%)<\/p>\n<p><strong>TASI:<\/strong> 8,388.66 (-0.35%) (YTD: +16.08%)<br \/>\n <strong>ADX:<\/strong> 4,691.80 (+0.50%) (YTD: +6.67%)<br \/>\n <strong>DFM:<\/strong> 2,892.43 (-0.11%) (YTD: -14.17%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,377.27 (+1.41%)<br \/>\n <strong>QE:<\/strong> 9,355.02 (-0.43%) (YTD: +9.76%)<br \/>\n <strong>MSM:<\/strong> 4,455.54 (-0.95%) (YTD: -12.62%)<br \/>\n <strong>BB: <\/strong>1,344.89 (+0.76%) (YTD: +0.99%)<\/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=\"626874\" 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\/12\/626874\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626874\" class=\"content-area-description single-story post-626874 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): <u><a href=\"http:\/\/www.uabonline.org\/en\/events\/conferences\/forumgreenbankingtheroadtosustainabledevelopment\/52659\/0\">Green Banking: The Road to Sustainable Development<\/a><\/u>, Baron Palace, Sahl Hasheesh, Hurghada.<\/p>\n<p>30 July (Monday): Deadline for submitting ideas for the World Bank\u2019s \u201c<u><a href=\"https:\/\/www.digitalag4egypt.com\/\">DigitalAG4Egypt<\/a><\/u>\u201d competition.<\/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): <u><a href=\"https:\/\/www.euromoneyconferences.com\/event\/a01D000001355HLIAY\/the-euromoney-egypt-conference-2018\">Euromoney Egypt Conference 2018<\/a><\/u>, Cairo.<\/p>\n<p>10-13 September (Monday-Thursday): <u><a href=\"https:\/\/8londonconference.efghermes.com\/pages\/home.aspx\">EFG Hermes\u2019 8th Annual London Conference<\/a><\/u>, 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): <u><a href=\"http:\/\/www.arqaamconference.com\/\">Arqaam Capital MENA Investors Conference 2018<\/a><\/u>, Four Seasons Resorts, Dubai.<\/p>\n<p>24-25 September (Monday-Tuesday): <u><a href=\"https:\/\/egyptwaterdesalination.iqpc.com\/\">Egypt Water Desalination Forum<\/a><\/u>, 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): <u><a href=\"http:\/\/platforms-root-technologies.com\/icec-2018\/\">Intelligent Cities Exhibition & Conference 2018<\/a><\/u>, 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): <u><a href=\"https:\/\/www.egyptdefenceexpo.com\/\">First Egypt Defense Expo<\/a><\/u>, Egyptian International Exhibition Center, Cairo.<\/p>\n<p>25 December (Tuesday): Western Christmas.<\/p>\n<p>27 December (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>01 January 2019 (Tuesday): New Year's Day, national holiday.<\/p>\n<p>07 January 2019 (Monday): Coptic Christmas.<\/p>\n<p>25 January 2019 (Friday): Police Day, national holiday.<\/p>\n<p>25 April 2019 (Thursday): Sinai Liberation day, national holiday.<\/p>\n<p>28 April 2019 (Sunday): Easter Sunday, national holiday.<\/p>\n<p>29 April 2019 (Monday): Easter Monday, national holiday.<\/p>\n<p>01 May 2019 (Wednesday): Labor Day, national holiday.<\/p>\n<p>06 May 2019 (Monday): First day of Ramadan (TBC).<\/p>\n<p>05-06 June 2019 (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n<p>10-13 October 2019 (Tuesday-Sunday) Big Industrial Week Arabia 2019, Egypt International Exhibition Center<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":626823,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-626822","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"ccf579cc-7bd9-467f-b7b3-d352476e8ee0","teaser":"","photo_url":"https:\/\/ent.news\/2017\/12\/265.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>Smoke prices rise today. Now, let\u2019s go to Sahel. - 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\/smoke-prices-rise-today-now-lets-go-to-sahel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Smoke prices rise today. 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