{"id":626934,"date":"2018-07-16T03:59:39","date_gmt":"2018-07-16T03:59:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=626934"},"modified":"2025-12-17T09:26:14","modified_gmt":"2025-12-17T09:26:14","slug":"big-tobacco-stalling-investment-over-sin-tax","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/big-tobacco-stalling-investment-over-sin-tax\/","title":{"rendered":"Big tobacco stalling investment over sin tax?"},"content":{"rendered":"<section id=\"626936\" 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=\"626936\">\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\/16\/what-were-tracking-on-16-july-2018\/\">\r\n                            What we\u2019re tracking on 16 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\/16\/what-were-tracking-on-16-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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On the agenda is a vote of confidence in the Madbouly cabinet on Tuesday (the House kicked off debate on the government\u2019s policy program yesterday) and laws on both public contracts and Egypt\u2019s sovereign wealth fund. <strong>House Speaker Ali Abdel Aal has warned MPs they will have to work into next month <\/strong>if they\u2019re unable to get through their full agenda by the end of next week, according to Amwal Al Ghad.<\/p><p><strong>Ibn Sina ruling today: <\/strong>The Cairo Court of Appeals is expected to rule today on Ibnsina Pharma\u2019s appeal of <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/06\/ibnsina-confident-antitrust-fine-will-be-overturned\/\">bns worth of antitrust sanctions<\/a> imposed in a case brought by the Egyptian Competition Authority.<\/p><p>Further afield: <strong>The Donald will meet Vladimir Putin in Helsinki today<\/strong> for their first-ever summit in what <a href=\"https:\/\/www.reuters.com\/article\/us-usa-russia-summit\/trump-and-putin-to-hold-first-summit-talks-as-twitchy-west-looks-on-idUSKBN1K601D\">Reuters<\/a> is describing as a \u201cpolitical minefield for the US president but a geopolitical win for his Russian counterpart.\u201d The New York Times takes it even further in a solid analysis headlined <a href=\"https:\/\/www.nytimes.com\/2018\/07\/15\/world\/europe\/trump-putin-helsinki-summit.html\">Just sitting down with Trump, Putin comes out ahead<\/a>. Trump arrives in Finland having thrown <a href=\"https:\/\/www.nytimes.com\/2018\/07\/11\/world\/europe\/germany-merkel-russia-trump-nato.html\">(metaphorical) bombs<\/a> at his NATO allies, <a href=\"https:\/\/www.nytimes.com\/2018\/07\/12\/world\/europe\/trump-brexit-theresa-may.html\">undercut<\/a> UK PM Theresa May while in Britain, and called the European Union a <a href=\"https:\/\/www.reuters.com\/article\/us-usa-trump-eu-foe\/trump-calls-eu-a-foe-on-trade-cbs-news-interview-idUSKBN1K50R6\">trade \u201cfoe.\u201d<\/a> The two men will meet <a href=\"https:\/\/www.cnbc.com\/2018\/07\/15\/us-intelligence-report-outlines-what-russian-president-vladimir-putin-.html\">face-to-face with only interpreters in the room<\/a>, a prospect that has spooked some in the US.<\/p><p><strong>The USD is holding steady near its six-month high <\/strong>against major currencies ahead of <a href=\"https:\/\/www.reuters.com\/article\/uk-global-forex\/dollar-pauses-near-six-month-top-ahead-of-big-economic-indicators-idUSKBN1K601Q\">\u201cbig economic indicators\u201d<\/a> due to be released today as traders await second quarter GDP data from China and June retail sales figures from the United States.<\/p><p><strong>Is the inverted yield curve the new EM Zombie Apocalypse? <\/strong>We\u2019re still not certain it augurs disaster, but the yield curve for US debt has now flattened to its lowest level since August 2007, the <a href=\"https:\/\/www.ft.com\/content\/9491fb12-86e2-11e8-a29d-73e3d454535d\">Financial Times<\/a> notes, pointing out that \u201cthe difference between two-year and 10-year Treasury yields dropped further this week \u2026 the measure is an important signal for investors of <strong>when the Federal Reserve may curtail its policy tightening <\/strong>and is also seen as <strong>warning of a coming recession<\/strong> if it turns negative, which last happened in 2006.\u201d <a href=\"https:\/\/www.cnbc.com\/2018\/07\/12\/bond-market-sounds-alarm-on-economy-but-it-may-be-a-false-one-for-now.html\">CNBC<\/a> also has the story.<\/p><p><strong>The catch: <\/strong>While recessions in the US are almost always preceded by an inverted yield curve, the time between inversion and recession is highly variable. What\u2019s more, an inverted curve is only a <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-03-05\/fed-study-finds-inverted-yield-curve-still-good-recession-alert\">predictor of recession<\/a>, not a cause \u2014 and (almost) <a href=\"https:\/\/www.marketwatch.com\/story\/an-inverted-yield-curve-is-a-recession-indicator-but-only-in-the-us-2018-05-07\">only in the United States<\/a>.<\/p><p><strong>In our TBR pile ahead of a flight tonight<\/strong> that will see us spending 26 or so hours in transit from door to door:<\/p><ul>\n<li>Forget a fast car. Creativity is the new midlife crisis cure. (<a href=\"https:\/\/www.nytimes.com\/2018\/07\/14\/sunday-review\/creativity-midlife-crisis-cure.html\">New York Times<\/a>)<\/li>\n<li>Smartphones killed handwriting. Let\u2019s bring it back. (<a href=\"https:\/\/www.wsj.com\/articles\/smartphones-killed-handwriting-lets-bring-it-back-1531659601\">Wall Street Journal<\/a>)<\/li>\n<li>One of the following: <a href=\"https:\/\/www.amazon.com\/Financial-Times-Centenary-History\/dp\/0670812951\">The Financial Times: A centenary history<\/a> (out of print, not on Kindle) or <a href=\"https:\/\/www.amazon.com\/Wall-Street-Journal-Business-Newspaper\/dp\/0528811169\/ref=sr_1_11?s=books&amp;ie=UTF8&amp;qid=1531707190&amp;sr=1-11&amp;keywords=Wall+street+journal+history\">The Wall Street Journal: The story of Dow Jones and the nation\u2019s business newspaper<\/a> (also out of print, not on kindle)<\/li>\n<li><a href=\"https:\/\/www.amazon.com\/Smartest-Guys-Room-Amazing-Scandalous-ebook\/dp\/B00EOAS0EK\/ref=sr_1_2_twi_kin_1?ie=UTF8&amp;qid=1531707375&amp;sr=8-2&amp;keywords=The+smartest+guys+in+the+room\">The Smartest Guys in the Room:<\/a> The amazing rise and scandalous fall of Enron<\/li>\n<\/ul><p>Oh, and did we mention that <a href=\"https:\/\/www.nytimes.com\/2018\/07\/15\/movies\/hotel-transylvania-3-skyscraper-box-office.html\">Hotel Transylvania 3 is out<\/a> and that we\u2019re oddly looking forward to being dragged to the theater?<\/p><p><strong>Need a video pick-me-up right now?<\/strong> We can think of nothing more apropos this morning than Saturday Night Live\u2019s \u201cparole board\u201d sketch, which had us in stitches (<a href=\"https:\/\/m.youtube.com\/watch?v=ksu7hmVcB4M\">watch, runtime: 3:55<\/a>). H\/t one of the smartest (and funniest) guys we know.<\/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=\"626937\" 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      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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=\"626938\" 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=\"626938\">\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\/16\/an-eventful-day-at-parliament-made-for-a-legislation-heavy-night-on-the-airwaves\/\">\r\n                            An eventful day at parliament made for a legislation-heavy night on the airwaves                        <\/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\/16\/an-eventful-day-at-parliament-made-for-a-legislation-heavy-night-on-the-airwaves\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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  <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=An eventful day at parliament made for a legislation-heavy night on the airwaves&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/an-eventful-day-at-parliament-made-for-a-legislation-heavy-night-on-the-airwaves\/\">\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\/16\/an-eventful-day-at-parliament-made-for-a-legislation-heavy-night-on-the-airwaves\/&title=An eventful day at parliament made for a legislation-heavy night on the airwaves\">\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=An+eventful+day+at+parliament+made+for+a+legislation-heavy+night+on+the+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fan-eventful-day-at-parliament-made-for-a-legislation-heavy-night-on-the-airwaves%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\/16\/an-eventful-day-at-parliament-made-for-a-legislation-heavy-night-on-the-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626938\" class=\"content-area-description single-story post-626938 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>An eventful day at the House of Representatives made for a legislation-heavy night on the airwaves<\/strong>, with part two of the Press and Media Act garnering the most attention.<\/p>\n<p><strong>Among the few exceptions to the rule was IMF Mission Chief for Egypt Subir Lall\u2019s praise of Egypt\u2019s economic reforms<\/strong> on Yahduth fi Masr. Lall repeated much of what was said in the IMF\u2019s policy review, which was <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/15\/imf-releases-third-review-of-egypts-reform-program\/\">released on Thursday<\/a>, including a hat tip to the central bank for its monetary policy. He drove home the point that the path ahead is reason for optimism as long as Egypt remains committed to the balance of the program (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/625839891127654\/\">watch, runtime: 5:37<\/a>).<\/p>\n<p><strong>The House of Representatives signed off in principle yesterday on the three articles that comprise part two of the Press and Media Act<\/strong>, but postponed its final vote due to lack of quorum, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/306983\/Egypt\/Politics-\/Egypts-Parliament-approves-amendments-to--controve.aspx\">Ahram Online reports<\/a>. The assembly approved amendments to the bills made after the Council of State (Maglis Al Dawla) <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/09\/the-press-and-media-act-contains-plenty-that-is-unconstitutional\/\">suggested several of them were unconstitutional<\/a> and an infringed freedom of the press. The amended version of the act appears to eliminate a clause that would have required reporters to acquire permits for every event or incident they cover, <a href=\"http:\/\/www.almalnews.com\/Story\/382726\/19\/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D8%B9%D9%84%D9%89-%D9%85%D9%84%D8%A7%D8%AD%D8%B8%D8%A7%D8%AA-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A9-%D8%A8%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%AA%D9%86%D8%B8%D9%8A%D9%85-%D8%A7%D9%84%D8%B5%D8%AD%D8%A7%D9%81%D8%A9-\">according to Al Mal<\/a>.<\/p>\n<p><strong>Members of the Press Syndicate are still opposed to the final draft of the legislation<\/strong>, saying in a statement put out yesterday that the House ignored the vast majority of comments made by the syndicate and Maglis El Dawla, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=15072018&id=5f65ae5d-0fff-4de4-8d39-7aab7d22f2b0\">Al Shorouk reports<\/a>.<\/p>\n<p><strong>Syndicate head Abdel Mohsen Salama, by contrast, seemed satisfied with the amended bill<\/strong>, including an amendment that only allows journalists to be held in pre-trial detention in cases related to discrimination, inciting violence, and tarnishing someone\u2019s honor (which governorate is being represented by Don Quixote?). The amended version of the act also tweaked a clause that would have required reporters to acquire permits for every event they cover, and now only stipulates that these permits be obtained to access restricted areas, according to Salama (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/625802087798101\/\">watch, runtime: 4:40<\/a>). He also had a similar chat with Hona Al Asema\u2019s Reham Ibrahim (<a href=\"https:\/\/www.youtube.com\/watch?v=6R4cqbMtqf0\">watch, runtime: 6:32<\/a>).<\/p>\n<p><strong>Take Salama\u2019s boosterism with a grain of salt:<\/strong> It probably doesn\u2019t represent the views of most mainstream journalists. The syndicate boss recently outraged many in the rank and file by appearing just a bit too close to his industry\u2019s regulator. When Supreme Media Council boss Makram Mohamed Ahmed was recently summoned to account for a gag order imposed on the media, Salama not only defended the gag, but said he would <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/08\/freedom-of-speech-was-the-theme-of-the-evening-on-the-airwaves-last-night\/\">accompany Ahmed to the meeting with prosecutors<\/a>.<\/p>\n<p><strong>Rep. Osama Heikal seemed disgruntled that the article on pre-trial detentions was amended at all<\/strong>, telling Hona Al Asema that he was fond of its original form. Heikal said that the House \u201cgenerally\u201d took the Council of State and Press Syndicate\u2019s recommendations and requests when amending the act. Deputy House Speaker Soliman Wahdan also tried to frame the bill as an indication of House representatives\u2019 \u201cappreciation\u201d for the journalistic profession (<a href=\"https:\/\/www.youtube.com\/watch?v=XJuYqse0aRs\">watch, runtime: 10:14<\/a>).<\/p>\n<p><strong>Lack of quorum behind postponement of vote on Madbouly gov\u2019t program? <\/strong>On a separate note, It appears that a lack of a quorum was behind parliament\u2019s delay in voting on the Madbouly government\u2019s policy program to tomorrow. Absentee reps also resulted in the postponement of deliberations over other pieces of legislation (<a href=\"https:\/\/www.youtube.com\/watch?v=uG9zFkI8wK8\">watch, runtime: 4:26<\/a>). Parliament Speaker Ali Abdel Aal said he <i>hopes<\/i> parliament will make it through its discussion of the policy program by the beginning of next week, Al Hayah fi Masr\u2019s Kamal Mady said (<a href=\"https:\/\/www.youtube.com\/watch?v=acqaq1TAuFo\">watch, runtime: 2:05<\/a>).<\/p>\n<p><strong>A path to citizenship for foreigners? Not gonna happen, we say: <\/strong>Rep. Kamal Amer took to the airwaves to defend a proposed law that would grant foreign residents Egyptian citizenship in exchange for an EGP 7 mn deposit (or its foreign currency equivalent). The final vote on the law was postponed due to lack of quorum yesterday, <a href=\"https:\/\/www.youm7.com\/story\/2018\/7\/15\/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D8%B9%D9%84%D9%89-%D9%85%D9%86%D8%AD-%D8%A7%D9%84%D8%AC%D9%86%D8%B3%D9%8A%D8%A9-%D9%84%D9%84%D8%A3%D8%AC%D8%A7%D9%86%D8%A8-%D8%A7%D9%84%D9%85%D9%82%D9%8A%D9%85%D9%8A%D9%86-%D8%A8%D9%88%D8%AF%D9%8A%D8%B9%D8%A9-%D8%A3%D9%83%D8%AB%D8%B1-%D9%85%D9%86\/3873512\">Youm7 reports<\/a>. Amer slammed the suggestion that Egypt is selling citizenship, saying that foreigners would be required to meet several other requirements (<a href=\"https:\/\/www.youtube.com\/watch?v=7DmVl8n5DFs\">watch, runtime: 8:09<\/a>). Passing the bill, he said, would also help spur foreign investment (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/625791964465780\/\">watch, runtime: 5:48<\/a>).<\/p>\n<p><strong>Health Minister Hala Zayed finally washed her hands of the national anthem gaffe<\/strong> during a meeting with the House Health Committee yesterday, Rep. Shadia Thabet told Masaa DMC\u2019s Eman El Hosary. Zayed denied she had issued a binding ministerial decision to play the national anthem and Hippocratic oath in hospitals, saying that it was nothing more than a suggestion to \u201cspread positive energy\u201d (<a href=\"https:\/\/www.youtube.com\/watch?v=XXxr-0ULONQ\">watch, runtime: 4:51<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626939\" 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=\"626939\">\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\/16\/big-tobacco-withholding-capex-over-new-sin-tax\/\">\r\n                            Big tobacco withholding CAPEX over new sin tax?                        <\/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\/16\/big-tobacco-withholding-capex-over-new-sin-tax\/\" 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\/16\/big-tobacco-withholding-capex-over-new-sin-tax\/')\">\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\/16\/big-tobacco-withholding-capex-over-new-sin-tax\/\">\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=Big tobacco withholding CAPEX over new sin tax?&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/big-tobacco-withholding-capex-over-new-sin-tax\/\">\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\/16\/big-tobacco-withholding-capex-over-new-sin-tax\/&title=Big tobacco withholding CAPEX over new sin tax?\">\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=Big+tobacco+withholding+CAPEX+over+new+sin+tax%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fbig-tobacco-withholding-capex-over-new-sin-tax%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\/16\/big-tobacco-withholding-capex-over-new-sin-tax\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626939\" class=\"content-area-description single-story post-626939 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-02\"><\/a> <strong>EXCLUSIVE- Is Big Tobacco mounting a power play after imposition of new sin tax?<\/strong> Tobacco companies are not happy with new sin tax, and execs at three of them are suggesting a new EGP 0.75 per pack sin tax to <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/12\/smokers-delight\/\">fund the universal healthcare system<\/a> could prompt them to hold off fresh investment in Egypt. A source at one international label, who who spoke on condition of anonymity, told us that the company was putting on hold some GBP 30 mn in new investment this year. The company had been looking to bring to market a \u201clow cost\u201d foreign brand to compete with the likes of Cleopatra. The new sin tax, the exec said, would make it impossible for their challenger brand to compete with local low-cost brands.<\/p>\n<p><strong>At the heart of the issue: They want a new tax framework:<\/strong> Tobacco companies held meetings with the Finance Ministry before the sin tax came into effect to push for a new tax framework. The ministry had imposed a sin tax hike of EGP 0.75-1.25 back in 2017. The meetings have not gone well, the sources tell us.<\/p>\n<p><strong>A state monopoly at play here? <\/strong>Meanwhile, Eastern Tobacco has reduced the price of Cleopatra 'King Size' cigarettes \u2014 the country's cheapest cigarette brand \u2014 by EGP 0.50 to EGP 15.50 per pack, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/3\/12\/306991\/Business\/Economy\/Eastern-Company-lowers-price-of-Egypts-cheapest-ci.aspx\">Ahram Online reports<\/a>. The company had raised the price by EGP 2 last Thursday as part of the 10-15% markup in its prices.<\/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=\"626952\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626953\" 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=\"626953\">\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\/16\/what-were-tracking-this-week-and-beyond-117\/\">\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\/16\/what-were-tracking-this-week-and-beyond-117\/\" 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\/16\/what-were-tracking-this-week-and-beyond-117\/')\">\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\/16\/what-were-tracking-this-week-and-beyond-117\/\">\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\/16\/what-were-tracking-this-week-and-beyond-117\/\">\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\/16\/what-were-tracking-this-week-and-beyond-117\/&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%2F16%2Fwhat-were-tracking-this-week-and-beyond-117%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\/16\/what-were-tracking-this-week-and-beyond-117\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626953\" class=\"content-area-description single-story post-626953 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>Long weekend coming up, if you want to bridge:<\/strong> Monday, 23 July is a national holiday in observance of Revolution Day. Expect half the nation\u2019s workforce to try to cadge a four-day weekend.<\/p>\n<p><strong>President Abdel Fattah El Sisi will reportedly unveil a new education program this month.<\/strong> It is unclear whether the program is K-12 or post-secondary.<\/p>\n<p>The deadline for companies bidding to <strong>open stores at the Grand Egyptian Museum <\/strong>(GEM) has been extended to 21 August, according to GEM supervisor Tarek Tawfik.<\/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=\"626954\" 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=\"626954\">\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\/16\/one-in-four-youth-in-the-arab-world-is-unemployed-and-our-failure-to-include-women-in-the-workforce-is-to-blame\/\">\r\n                            One in four youth in the Arab world is unemployed, and our failure to include women in the workforce is to blame:                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n  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navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/one-in-four-youth-in-the-arab-world-is-unemployed-and-our-failure-to-include-women-in-the-workforce-is-to-blame\/')\">\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\/16\/one-in-four-youth-in-the-arab-world-is-unemployed-and-our-failure-to-include-women-in-the-workforce-is-to-blame\/\">\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=One in four youth in the Arab world is unemployed, and our failure to include women in the workforce is to blame:&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/one-in-four-youth-in-the-arab-world-is-unemployed-and-our-failure-to-include-women-in-the-workforce-is-to-blame\/\">\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\/16\/one-in-four-youth-in-the-arab-world-is-unemployed-and-our-failure-to-include-women-in-the-workforce-is-to-blame\/&title=One in four youth in the Arab world is unemployed, and our failure to include women in the workforce is to blame:\">\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=One+in+four+youth+in+the+Arab+world+is+unemployed%2C+and+our+failure+to+include+women+in+the+workforce+is+to+blame%3A+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fone-in-four-youth-in-the-arab-world-is-unemployed-and-our-failure-to-include-women-in-the-workforce-is-to-blame%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\/16\/one-in-four-youth-in-the-arab-world-is-unemployed-and-our-failure-to-include-women-in-the-workforce-is-to-blame\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/614.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"626955\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/one-in-four-youth-in-the-arab-world-is-unemployed-and-our-failure-to-include-women-in-the-workforce-is-to-blame\/614-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/614.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"614.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/614.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/614.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626954\" class=\"content-area-description single-story post-626954 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>One in four youth in the Arab world is unemployed, and our failure to include women in the workforce is to blame: <\/strong>As youth unemployment reaches 25% in the Arab world, the IMF is urging further action on inclusive growth: \u201cThe Arab region has the highest level of youth unemployment in the world, averaging 25%, and more than 27 mn young people will enter the labor market in the region over the next five years,\u201d IMF Middle East and Central Asia Director Jihad Azour said in <a href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2018\/07\/12\/sp071218-promoting-inclusive-growth-agenda-in-the-arab-region\">a speech in Lebanon last week<\/a>.<\/p>\n<p><strong>An IMF report out on Thursday doesn\u2019t mince words <\/strong>on what it sees as one of the primary cause: <strong>gender inequality<\/strong>. If the gender gap in employment was narrowed \u201cfrom triple to double the average for other emerging markets and developing economies,\u201d the region\u2019s economic growth could have doubled in the past decade, gaining USD 1 tn in cumulative output, said the report. \u201cWomen in the region are three times less likely than men to be in the labour force, while the level of joblessness among young women is nearly 36%, rising to 62% in Saudi Arabia,\u201d the IMF said, <a href=\"https:\/\/www.ft.com\/content\/3daf3d5a-8525-11e8-a29d-73e3d454535d\">according to the FT<\/a>.<\/p>\n<p><strong>Financial inclusion, education are key to inclusive growth, says Azour:<\/strong> \u201cFinancial inclusion, including the use of FinTech, is an important tool for enabling people, as approximately 70% of the adults in the region do not have bank accounts, he said in his speech. Improving fiscal spending on education, \u201cwhich today amounts to only 11% of GDP in the Middle East, compared to 19% in the developing countries of Europe,\u201d would also help bridge the gender employment gap, he added. His other recommended policies for improving employment for women are your standard IMF-prescribed policies of subsidy cuts, improving the business climate, and a social safety net.<\/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=\"626956\" 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=\"626956\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/trump-baby\/\">\r\n                            Trump baby                        <\/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\/16\/trump-baby\/\" 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\/16\/trump-baby\/')\">\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\/16\/trump-baby\/\">\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=Trump baby&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/trump-baby\/\">\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\/16\/trump-baby\/&title=Trump baby\">\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=Trump+baby+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Ftrump-baby%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\/16\/trump-baby\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/917.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"626957\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/trump-baby\/917-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/917.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"917.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/917.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/917.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626956\" class=\"content-area-description single-story post-626956 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Man, UK protestors are vicious:<\/strong> While it seems highly unlikely that US President Donald Trump saw this unflattering (yet accurate) balloon having tea with the queen on his first state visit to the UK, we really hope he did. By far one of the funniest effigies we\u2019ve seen in a while (<a href=\"https:\/\/www.facebook.com\/CBSNews\/videos\/10155961640105950\/\">watch; runtime: 1:21<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626958\" 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=\"626958\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/hrw-report-tops-coverage-of-egypt\/\">\r\n                            HRW report tops coverage of 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\/16\/hrw-report-tops-coverage-of-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\/16\/hrw-report-tops-coverage-of-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\/16\/hrw-report-tops-coverage-of-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=HRW report tops coverage of Egypt&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/hrw-report-tops-coverage-of-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\/16\/hrw-report-tops-coverage-of-egypt\/&title=HRW report tops coverage of 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=HRW+report+tops+coverage+of+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fhrw-report-tops-coverage-of-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\/16\/hrw-report-tops-coverage-of-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626958\" class=\"content-area-description single-story post-626958 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Topping coverage of Egypt in the foreign press on this very slow news morning is a <\/strong><a href=\"https:\/\/www.hrw.org\/news\/2018\/07\/15\/egypt-intensifying-crackdown-under-antiterrorism-guise\"><strong>Human Rights Watch report <\/strong><\/a><strong>critical of the government. <\/strong>Egyptian authorities are using counterterrorism and state-of-emergency laws and courts \u201cto unjustly prosecute journalists, activists, and critics for their peaceful criticism,\u201d says the report.<\/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=\"626959\" 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=\"626959\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/govt-must-set-parameters-for-private-sector-participation-in-developing-egypts-railways\/\">\r\n                            Gov\u2019t must set parameters for private sector participation in developing Egypt\u2019s railways                        <\/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\/16\/govt-must-set-parameters-for-private-sector-participation-in-developing-egypts-railways\/\" 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\/16\/govt-must-set-parameters-for-private-sector-participation-in-developing-egypts-railways\/')\">\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\/16\/govt-must-set-parameters-for-private-sector-participation-in-developing-egypts-railways\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t must set parameters for private sector participation in developing Egypt\u2019s railways&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/govt-must-set-parameters-for-private-sector-participation-in-developing-egypts-railways\/\">\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\/16\/govt-must-set-parameters-for-private-sector-participation-in-developing-egypts-railways\/&title=Gov\u2019t must set parameters for private sector participation in developing Egypt\u2019s railways\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+must+set+parameters+for+private+sector+participation+in+developing+Egypt%E2%80%99s+railways+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fgovt-must-set-parameters-for-private-sector-participation-in-developing-egypts-railways%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\/16\/govt-must-set-parameters-for-private-sector-participation-in-developing-egypts-railways\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626959\" class=\"content-area-description single-story post-626959 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>You likely don\u2019t need the reminder, but still: It\u2019s not just the state that\u2019s suspicious of the private sector\u2019s role in the economy. <\/strong>The government should set parameters for private sector participation in the development of Egypt\u2019s railways to ensure the service remains accessible and affordable, <a href=\"https:\/\/www.alborsanews.com\/2018\/07\/12\/1115406\">says Heba Raslan<\/a>. While opening up the country\u2019s railway development to the private sector is an appealing window for investment, it remains to be seen how the government and private players will find a middle ground between quality and affordability, which is often the biggest concern surrounding privatization, Raslan says.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626960\" 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=\"626960\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/investment-bankers-are-grossly-overpaid-partially-because-they-obfuscate-what-unique-service-they-provide\/\">\r\n                            Investment bankers are grossly overpaid \u2014 partially because they obfuscate what unique service they provide                        <\/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\/16\/investment-bankers-are-grossly-overpaid-partially-because-they-obfuscate-what-unique-service-they-provide\/\" 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\/16\/investment-bankers-are-grossly-overpaid-partially-because-they-obfuscate-what-unique-service-they-provide\/')\">\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\/16\/investment-bankers-are-grossly-overpaid-partially-because-they-obfuscate-what-unique-service-they-provide\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Investment bankers are grossly overpaid \u2014 partially because they obfuscate what unique service they provide&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/investment-bankers-are-grossly-overpaid-partially-because-they-obfuscate-what-unique-service-they-provide\/\">\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\/16\/investment-bankers-are-grossly-overpaid-partially-because-they-obfuscate-what-unique-service-they-provide\/&title=Investment bankers are grossly overpaid \u2014 partially because they obfuscate what unique service they provide\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Investment+bankers+are+grossly+overpaid+%E2%80%94+partially+because+they+obfuscate+what+unique+service+they+provide+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Finvestment-bankers-are-grossly-overpaid-partially-because-they-obfuscate-what-unique-service-they-provide%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\/16\/investment-bankers-are-grossly-overpaid-partially-because-they-obfuscate-what-unique-service-they-provide\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/44.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"626961\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/investment-bankers-are-grossly-overpaid-partially-because-they-obfuscate-what-unique-service-they-provide\/44-jpg-36\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/44.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"44.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/44.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/44.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626960\" class=\"content-area-description single-story post-626960 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Investment bankers are grossly overpaid for their services, partially because they obfuscate just what unique service they really provide<\/strong>, John Gapper writes <a href=\"https:\/\/www.ft.com\/content\/760fb4c2-7eb3-11e8-bc55-50daf11b720d\">for the Financial Times<\/a>. \u201cThe secret to a bulging \u2018success fee\u2019 is less to obtain the best possible [outcome] than to make the chief executive and the board believe they got it. That is not the same thing, particularly in the long term.\u201d In many ways, an investment banker is valuable \u2014 they come bearing significant technical knowledge and skills and are tasked with guiding a company through a series of potential pitfalls in the process. All things considered, bankers\u2019 fees are actually a small portion of the size of any transaction. However, their long-term value is much less obvious and many M&As are ordered undone when a company\u2019s leadership changes. \u201cThe success fees of advisers should be more closely tied to whether the deal succeeds long after it has closed and they have moved on to the next one,\u201d Gapper argues.<\/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=\"626962\" 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=\"626962\">\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\/16\/south-african-delegation-to-visit-in-september-to-discuss-framework-for-mango-imports-from-egypt\/\">\r\n                            South African delegation to visit in September to discuss framework for mango imports from 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\/16\/south-african-delegation-to-visit-in-september-to-discuss-framework-for-mango-imports-from-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\/16\/south-african-delegation-to-visit-in-september-to-discuss-framework-for-mango-imports-from-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\/16\/south-african-delegation-to-visit-in-september-to-discuss-framework-for-mango-imports-from-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=South African delegation to visit in September to discuss framework for mango imports from Egypt&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/south-african-delegation-to-visit-in-september-to-discuss-framework-for-mango-imports-from-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\/16\/south-african-delegation-to-visit-in-september-to-discuss-framework-for-mango-imports-from-egypt\/&title=South African delegation to visit in September to discuss framework for mango imports from 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=South+African+delegation+to+visit+in+September+to+discuss+framework+for+mango+imports+from+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fsouth-african-delegation-to-visit-in-september-to-discuss-framework-for-mango-imports-from-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\/16\/south-african-delegation-to-visit-in-september-to-discuss-framework-for-mango-imports-from-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626962\" class=\"content-area-description single-story post-626962 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.45349040-b480-4949-a42d-860a647baa5e.mp3\"><\/audio><\/figure>\n<p><strong>Cairo wants to begin exporting mangoes to Johannesburg,<\/strong><a href=\"http:\/\/almalnews.com\/Story\/382376\/14\/%C2%AB%D8%A7%D9%84%D8%B2%D8%B1%D8%A7%D8%B9%D8%A9%C2%BB-%D8%AA%D8%A8%D8%AD%D8%AB-%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1-%C2%AB%D8%A7%D9%84%D9%85%D8%A7%D9%86%D8%AC%D9%88%C2%BB-%D9%84%D8%AC%D9%86%D9%88%D8%A8-%D8%A3%D9%81%D8%B1%D9%8A%D9%82%D9%8A%D8%A7\">according to Al Mal<\/a>. A delegation of South African agriculture and quarantine officials are expected to visit in September to meet with their Egyptian counterparts to set the framework for an agreement and inspect mango fields in Ismailia and Wadi El Natrun. Egyptian officials are also in talks with Vietnamese authorities to begin exporting grapes there.<\/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=\"626964\" 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=\"626964\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/maritime-and-land-transport-co-to-develop-second-container-terminal-at-east-port-said\/\">\r\n                            Maritime and Land Transport Co. to develop second container terminal at East Port Said                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/maritime-and-land-transport-co-to-develop-second-container-terminal-at-east-port-said\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/maritime-and-land-transport-co-to-develop-second-container-terminal-at-east-port-said\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/maritime-and-land-transport-co-to-develop-second-container-terminal-at-east-port-said\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Maritime and Land Transport Co. to develop second container terminal at East Port Said&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/maritime-and-land-transport-co-to-develop-second-container-terminal-at-east-port-said\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/maritime-and-land-transport-co-to-develop-second-container-terminal-at-east-port-said\/&title=Maritime and Land Transport Co. to develop second container terminal at East Port Said\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Maritime+and+Land+Transport+Co.+to+develop+second+container+terminal+at+East+Port+Said+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fmaritime-and-land-transport-co-to-develop-second-container-terminal-at-east-port-said%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/maritime-and-land-transport-co-to-develop-second-container-terminal-at-east-port-said\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626964\" class=\"content-area-description single-story post-626964 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.e1cd1c50-14a4-449b-beb8-44c3cf3988b9.mp3\"><\/audio><\/figure>\n<p>It looks like Maritime and Land Transport Company, a subsidiary of the Port Said Container and Cargo Handling Company, will be taking on the contracts for the construction and management of another zombie project, the second container terminal at the port in East Port Said, holding company boss, Mohamed Youssef, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=15072018&id=875414bd-26ad-48ce-b34f-6dc12a7718a1\">tells Al Shorouk<\/a>. This comes not too long after we heard that <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/27\/sczone-to-sign-management-contracts-for-east-port-said-container-terminal-with-psa-international-and-cma-cgm-soon\/\">talks were back on<\/a> with both Singapore\u2019s PSA International and France\u2019s CMA CGM for the construction and management of the platform. The statements confirm <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/07\/sczone-taps-port-said-container-cargo-handling-company-for-usd-300-mn-east-port-said-port-container-terminal\/\">reports in March<\/a> that talks with both companies for the USD 300-400 mn project had fallen through and had been awarded to the Port Said Container and Cargo Handling Company.<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626966\" 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=\"626966\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/agriculture-ministry-could-take-measures-against-subsidized-fertilizer-suppliers-for-missing-monthly-deliveries\/\">\r\n                            Agriculture Ministry could take measures against subsidized fertilizer suppliers for missing monthly deliveries                        <\/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\/16\/agriculture-ministry-could-take-measures-against-subsidized-fertilizer-suppliers-for-missing-monthly-deliveries\/\" 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\/16\/agriculture-ministry-could-take-measures-against-subsidized-fertilizer-suppliers-for-missing-monthly-deliveries\/')\">\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\/16\/agriculture-ministry-could-take-measures-against-subsidized-fertilizer-suppliers-for-missing-monthly-deliveries\/\">\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=Agriculture Ministry could take measures against subsidized fertilizer suppliers for missing monthly deliveries&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/agriculture-ministry-could-take-measures-against-subsidized-fertilizer-suppliers-for-missing-monthly-deliveries\/\">\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\/16\/agriculture-ministry-could-take-measures-against-subsidized-fertilizer-suppliers-for-missing-monthly-deliveries\/&title=Agriculture Ministry could take measures against subsidized fertilizer suppliers for missing monthly deliveries\">\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=Agriculture+Ministry+could+take+measures+against+subsidized+fertilizer+suppliers+for+missing+monthly+deliveries+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fagriculture-ministry-could-take-measures-against-subsidized-fertilizer-suppliers-for-missing-monthly-deliveries%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\/16\/agriculture-ministry-could-take-measures-against-subsidized-fertilizer-suppliers-for-missing-monthly-deliveries\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626966\" class=\"content-area-description single-story post-626966 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.b6bc6140-f1d7-4657-a1fd-d151732c4373.mp3\"><\/audio><\/figure>\n<p>The Agriculture Ministry is reportedly considering imposing sanctions on suppliers of subsidized fertilizers who have fallen behind on their monthly deliveries, creating a shortage in the market, <a href=\"https:\/\/www.alborsanews.com\/2018\/07\/15\/1115896\">ministry sources said yesterday<\/a>. Manufacturers say they lose as much as EGP 250 per tonne on government contracts, which has led them to direct most of their output lately towards exports, they added.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626967\" 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=\"626967\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/oud-to-tender-gulf-of-suez-industrial-complex-in-3-months\/\">\r\n                            OUD to tender Gulf of Suez industrial complex in 3 months                        <\/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\/16\/oud-to-tender-gulf-of-suez-industrial-complex-in-3-months\/\" 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\/16\/oud-to-tender-gulf-of-suez-industrial-complex-in-3-months\/')\">\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\/16\/oud-to-tender-gulf-of-suez-industrial-complex-in-3-months\/\">\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 to tender Gulf of Suez industrial complex in 3 months&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/oud-to-tender-gulf-of-suez-industrial-complex-in-3-months\/\">\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\/16\/oud-to-tender-gulf-of-suez-industrial-complex-in-3-months\/&title=OUD to tender Gulf of Suez industrial complex in 3 months\">\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+to+tender+Gulf+of+Suez+industrial+complex+in+3+months+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Foud-to-tender-gulf-of-suez-industrial-complex-in-3-months%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\/16\/oud-to-tender-gulf-of-suez-industrial-complex-in-3-months\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626967\" class=\"content-area-description single-story post-626967 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\/.295cc5a8-a3a4-4476-9423-585bb4bfbbfe.mp3\"><\/audio><\/figure>\n<p>Oriental Weavers subsidiary Orientals for Urban Development (OUD) is planning to tender its Gulf of Suez industrial complex to investors in three months\u2019 time, founder Mohamed Khamis said in <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=15072018&id=59ffaf73-382c-460d-8cc6-2b89f5d14f45\">statements carried by Al Shorouk<\/a> The complex is set to house different manufacturers from across industries, including food, petrochemicals, and furniture.<\/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=\"626968\" 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=\"626968\">\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\/16\/ict-ministry-plans-to-launch-government-based-blockchain-project-in-4q2018\/\">\r\n                            ICT Ministry plans to launch government based blockchain project in 4Q2018                        <\/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\/16\/ict-ministry-plans-to-launch-government-based-blockchain-project-in-4q2018\/\" 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\/16\/ict-ministry-plans-to-launch-government-based-blockchain-project-in-4q2018\/')\">\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\/16\/ict-ministry-plans-to-launch-government-based-blockchain-project-in-4q2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            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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=ICT+Ministry+plans+to+launch+government+based+blockchain+project+in+4Q2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fict-ministry-plans-to-launch-government-based-blockchain-project-in-4q2018%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\/16\/ict-ministry-plans-to-launch-government-based-blockchain-project-in-4q2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626968\" class=\"content-area-description single-story post-626968 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\/.c05cd9a7-8a68-4497-a9f1-f9c6f52c8464.mp3\"><\/audio><\/figure>\n<p>The ICT Ministry is planning to launch a government based blockchain project in 4Q2018, in cooperation with an unnamed technology company, an unnamed source tells Amwal Al Ghad. The blockchain platform is expected to be used by government institutions at a later stage, the source adds. The National Bank of Egypt (NBE) <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\">has already been exploring<\/a> different commercial application of blockchain technology.<\/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=\"626970\" 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=\"626970\">\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\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/\">\r\n                            China's CRR front runner to supply 1,300 railway cars                        <\/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\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/\" 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\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/')\">\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\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/\">\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=China's CRR front runner to supply 1,300 railway cars&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/\">\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\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/&title=China's CRR front runner to supply 1,300 railway cars\">\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=China%27s+CRR+front+runner+to+supply+1%2C300+railway+cars+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fchinas-crr-front-runner-to-supply-1300-railway-cars%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\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626970\" class=\"content-area-description single-story post-626970 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\/.cce6c890-e057-48ea-a07f-927deca9d256.mp3\"><\/audio><\/figure>\n<p><a href=\"http:\/\/www.crrcgc.cc\/en\/g5141.aspx\">CRRC Corporation Limited<\/a> (CRRC) is now the front runner in a tender to supply the Egyptian National Railways with 1,300 railway cars, offering EGP 19-20 bn for the project, sources close to the matter <a href=\"http:\/\/almalnews.com\/Story\/382350\/58\/%D8%B4%D8%B1%D9%83%D8%A9-%D8%B5%D9%8A%D9%86%D9%8A%D8%A9-%D8%AA%D9%82%D8%AA%D8%B1%D8%A8-%D9%85%D9%86-%D8%AA%D9%88%D8%B1%D9%8A%D8%AF-1300-%D8%B9%D8%B1%D8%A8%D8%A9-%D9%84%D9%80%C2%AB%D8%A7%D9%84%D8%B3%D9%83%D9%83-%D8%A7%D9%84%D8%AD%D8%AF%D9%8A%D8%AF%D9%8A%D8%A9%C2%BB\">tell Al Mal<\/a>. Under the 15-year supply and maintenance contract, Egypt will pay for the project through a loan with a four-year grace period for repayment. The government is trying to extend that period, sources added. Last week, the ministry was <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/11\/transport-ministry-wants-a-lower-price-supply-railway-cars\/\">negotiating to lower the price<\/a> offered by the Russian-Hungarian consortium from EUR 1 bn to EUR 950 mn.<\/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=\"626972\" 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=\"626972\">\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\/16\/ci-capital-funds-top-eimas-1h2018-rankings\/\">\r\n                            CI Capital funds top EIMA\u2019s 1H2018 rankings                        <\/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\/16\/ci-capital-funds-top-eimas-1h2018-rankings\/\" 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\/16\/ci-capital-funds-top-eimas-1h2018-rankings\/')\">\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\/16\/ci-capital-funds-top-eimas-1h2018-rankings\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=CI Capital funds top EIMA\u2019s 1H2018 rankings&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/ci-capital-funds-top-eimas-1h2018-rankings\/\">\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\/16\/ci-capital-funds-top-eimas-1h2018-rankings\/&title=CI Capital funds top EIMA\u2019s 1H2018 rankings\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=CI+Capital+funds+top+EIMA%E2%80%99s+1H2018+rankings+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fci-capital-funds-top-eimas-1h2018-rankings%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\/16\/ci-capital-funds-top-eimas-1h2018-rankings\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626972\" class=\"content-area-description single-story post-626972 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\/.d89d2b26-51e0-4040-b0b8-b9e82405330f.mp3\"><\/audio><\/figure>\n<p>CI Capital said yesterday it topped all classes in the Egyptian Investment Management Association (EIMA) Funds\u2019 1H2018 report. CIB\u2019s Istethmar was the best-performing equity fund, with returns of 22.1% compared to an average return of 10.2% for peers. Aman was the top sharia-compliant fund, while Takamol ranked first in the balanced funds category. <a href=\"https:\/\/ent.news\/2018\/7\/759.pdf\">Tap or click here for the full rundown (pdf)<\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"626975\" 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=\"626975\">\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\/16\/indias-spp-pumps-to-invest-egp-100-mn-in-egypt-by-2020\/\">\r\n                            India\u2019s SPP Pumps to invest EGP 100 mn in Egypt by 2020                        <\/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\/16\/indias-spp-pumps-to-invest-egp-100-mn-in-egypt-by-2020\/\" 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\/16\/indias-spp-pumps-to-invest-egp-100-mn-in-egypt-by-2020\/')\">\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\/16\/indias-spp-pumps-to-invest-egp-100-mn-in-egypt-by-2020\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=India\u2019s SPP Pumps to invest EGP 100 mn in Egypt by 2020&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/indias-spp-pumps-to-invest-egp-100-mn-in-egypt-by-2020\/\">\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\/16\/indias-spp-pumps-to-invest-egp-100-mn-in-egypt-by-2020\/&title=India\u2019s SPP Pumps to invest EGP 100 mn in Egypt by 2020\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=India%E2%80%99s+SPP+Pumps+to+invest+EGP+100+mn+in+Egypt+by+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Findias-spp-pumps-to-invest-egp-100-mn-in-egypt-by-2020%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\/16\/indias-spp-pumps-to-invest-egp-100-mn-in-egypt-by-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626975\" class=\"content-area-description single-story post-626975 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\/.698e10b3-9217-499b-8c95-39905eacc841.mp3\"><\/audio><\/figure>\n<p>India\u2019s SPP Pumps is planning on investing EGP 100 mn in Egypt by 2020, Chairman Mohammed Hassan said on Saturday, <a href=\"http:\/\/www.egyptindependent.com\/indian-owned-spp-pumps-injects-le100mn-investments-to-egypt-by-2022\/\">Al Masry Al Youm reports<\/a>. The company has already invested a total of EGP 55 mn in Egypt, and recently won a contract to supply pumps for the construction of the government district in the new administrative capital.<\/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=\"626976\" 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=\"626976\">\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\/16\/alex-port-authority-taps-sarie-eldin-to-advise-on-multipurpose-platform-project\/\">\r\n                            Alex Port Authority taps Sarie Eldin to advise on multipurpose platform project                        <\/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\/16\/alex-port-authority-taps-sarie-eldin-to-advise-on-multipurpose-platform-project\/\" 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\/16\/alex-port-authority-taps-sarie-eldin-to-advise-on-multipurpose-platform-project\/')\">\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\/16\/alex-port-authority-taps-sarie-eldin-to-advise-on-multipurpose-platform-project\/\">\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=Alex Port Authority taps Sarie Eldin to advise on multipurpose platform project&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/alex-port-authority-taps-sarie-eldin-to-advise-on-multipurpose-platform-project\/\">\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\/16\/alex-port-authority-taps-sarie-eldin-to-advise-on-multipurpose-platform-project\/&title=Alex Port Authority taps Sarie Eldin to advise on multipurpose platform project\">\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=Alex+Port+Authority+taps+Sarie+Eldin+to+advise+on+multipurpose+platform+project+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Falex-port-authority-taps-sarie-eldin-to-advise-on-multipurpose-platform-project%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\/16\/alex-port-authority-taps-sarie-eldin-to-advise-on-multipurpose-platform-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626976\" class=\"content-area-description single-story post-626976 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\/.dd29c44f-4608-4d05-b85a-c61b3e1763fc.mp3\"><\/audio><\/figure>\n<p>The Alex Port Authority has tapped Sarie Eldin & Partners as legal advisor for the USD 450 mn multipurpose platform project at the Alex Port, an unidentified source <a href=\"http:\/\/www.almalnews.com\/Story\/382684\/58\/%D9%85%D9%8A%D9%86%D8%A7%D8%A1-%D8%A7%D9%84%D8%A5%D8%B3%D9%83%D9%86%D8%AF%D8%B1%D9%8A%D8%A9-%D9%8A%D8%B3%D8%AA%D8%B9%D9%8A%D9%86-%D8%A8%D9%85%D9%83%D8%AA%D8%A8-%C2%AB%D8%B3%D8%B1%D9%89-%D8%A7%D9%84%D8%AF%D9%8A%D9%86%C2%BB-%D9%84%D8%A7%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1%D8%A7%D8%AA-%D9%85%D8%AD%D8%B7%D8%A9-%D9%85%D8%AA%D8%B9%D8%AF%D8%AF%D8%A9-%D8%A7%D9%84%D8%A3%D8%BA%D8%B1%D8%A7%D8%B6\">tells Al Mal<\/a>. The port authority <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/12\/alex-port-led-consortium-establishes-egp-500-mn-holding-company-for-multipurpose-platform\/\">had signed an agreement<\/a> with the Suez Canal Authority and the Land Maritime Transport Holding Company to establish a EGP 500 mn holding company to construct, manage, and operate the platform. The facility was originally meant to be constructed by China Harbour until talks reached an impasse due to pricing.<\/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=\"626977\" 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=\"626977\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/young-nubians-revive-dream-of-return-to-homeland\/\">\r\n                            Young Nubians revive dream of return to homeland                        <\/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\/16\/young-nubians-revive-dream-of-return-to-homeland\/\" 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\/16\/young-nubians-revive-dream-of-return-to-homeland\/')\">\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\/16\/young-nubians-revive-dream-of-return-to-homeland\/\">\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=Young Nubians revive dream of return to homeland&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/young-nubians-revive-dream-of-return-to-homeland\/\">\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\/16\/young-nubians-revive-dream-of-return-to-homeland\/&title=Young Nubians revive dream of return to homeland\">\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=Young+Nubians+revive+dream+of+return+to+homeland+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F16%2Fyoung-nubians-revive-dream-of-return-to-homeland%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\/16\/young-nubians-revive-dream-of-return-to-homeland\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1803.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"626978\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/young-nubians-revive-dream-of-return-to-homeland\/1803-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1803.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1803.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1803.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1803.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626977\" class=\"content-area-description single-story post-626977 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Associated Press cast a spotlight on Egypt\u2019s Nubian community yesterday<\/strong> in a <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/07\/15\/world\/middleeast\/ap-ml-egypt-nubians-dreams.html\">series of articles<\/a> meant to highlight their struggle and attempts, through the years, to revive the dream of their once cherished homeland. While the older generation appears to have largely accepted the \u201ctrauma\u201d of mass displacements, younger activists say they are more determined, with a \u201cnew spirit,\u201d to push for their rights, <a href=\"https:\/\/apnews.com\/18b7854025aa4573a63cfdb57800dab5\/Egypt's-young-Nubians-revive-dream-of-return-to-homeland\">says the newswire<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626979\" 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=\"626979\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/626979\/\">\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\/16\/626979\/\" 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\/16\/626979\/')\">\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\/16\/626979\/\">\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\/16\/626979\/\">\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\/16\/626979\/&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%2F16%2F626979%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\/16\/626979\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626979\" class=\"content-area-description single-story post-626979 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 17.93<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.84 | Sell 17.94<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.78 | Sell 17.88<\/p>\n<p><strong>EGX30<\/strong> (Sunday): 15,842 (-0.2%)<br \/>\n <strong>Turnover:<\/strong> EGP 446 mn (54% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +5.5%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 ended Sunday\u2019s session down 0.2%. CIB, the index heaviest constituent ended up 0.4%. EGX30\u2019s top performing constituents were Egyptian Iron & Steel up 2.2%, Abu Dhabi Islamic Bank up 1.3%, and Pioneers Holding up 1.2%. Yesterday\u2019s worst performing stocks were Amer Group down 3.3%, Arab Cotton Ginning down 2.8%, and Global Telecom down 2.6%. The market turnover was EGP 446 mn, and regional investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +2.9 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -16.5 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +13.5 mn<\/p>\n<p><strong>Retail<\/strong>: 79.3% of total trades | 79.5% of buyers | 79.1% of sellers<br \/>\n <strong>Institutions<\/strong>: 20.7% of total trades | 20.5% of buyers | 20.9% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 8.2% of total | 8.5% of buyers | 7.9% of sellers<br \/>\n <strong>Regional:<\/strong> 8.4% of total | 6.6% of buyers | 10.2% of sellers<br \/>\n <strong>Domestic:<\/strong> 83.4% of total | 84.9% of buyers | 81.9% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 70.72 (-0.41%)<br \/>\n <strong>Brent:<\/strong> USD 75.03 (-0.40%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.77 MMBtu, (+0.55%, August 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,242.00 \/ troy ounce (+0.06%)<\/p>\n<p><strong>TASI:<\/strong> 8,405.09 (+0.51%) (YTD: +16.31%)<br \/>\n <strong>ADX:<\/strong> 4,696.20 (+0.20%) (YTD: +6.77%)<br \/>\n <strong>DFM:<\/strong> 2,900.16 (+0.55%) (YTD: -13.94%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,336.40 (-0.15%)<br \/>\n <strong>QE:<\/strong> 9,340.69 (+0.24%) (YTD: +9.59%)<br \/>\n <strong>MSM:<\/strong> 4,456.76 (+0.36%) (YTD: -12.60%)<br \/>\n <strong>BB: <\/strong>1,343.84 (+0.10%) (YTD: +0.91%)<\/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=\"626980\" 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\/16\/626980\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626980\" class=\"content-area-description single-story post-626980 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>16 July (Monday): Cairo Court of Appeals to issue ruling on EGP 5.6 bn antitrust case against pharma companies including Ibnsina.<\/p>\n<p>23 July (Monday): Revolution Day, national holiday.<\/p>\n<p>26-28 July (Thursday-Saturday): <a href=\"http:\/\/www.uabonline.org\/en\/events\/conferences\/forumgreenbankingtheroadtosustainabledevelopment\/52659\/0\">Green Banking: The Road to Sustainable Development<\/a>, Baron Palace, Sahl Hasheesh, Hurghada.<\/p>\n<p>05 August (Sunday): Egypt\u2019s <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/PressReleases?language=en\">PMI reading for July<\/a> released.<\/p>\n<p>16 August (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>21-25 August (Tuesday-Saturday): Eid Al Adha (TBC), national holiday.<\/p>\n<p>28-29 August (Tuesday-Wednesday): CI Capital\u2019s 5th Annual Egypt Equities Conference, Cape Town, South Africa.<\/p>\n<p>04-05 September (Tuesday-Wednesday): <a href=\"https:\/\/www.euromoneyconferences.com\/event\/a01D000001355HLIAY\/the-euromoney-egypt-conference-2018\">Euromoney Egypt Conference 2018<\/a>, Cairo.<\/p>\n<p>10-13 September (Monday-Thursday): <a href=\"https:\/\/8londonconference.efghermes.com\/pages\/home.aspx\">EFG Hermes\u2019 8th Annual London Conference<\/a>, Emirates Arsenal Stadium, London.<\/p>\n<p>11 September (Tuesday): Islamic New Year (TBC), national holiday.<\/p>\n<p>20-23 September (Thursday-Sunday): 2018 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo.<\/p>\n<p>22 September (Saturday): New academic year begins for public schools, universities.<\/p>\n<p>24-25 September (Monday-Tuesday): <a href=\"http:\/\/www.arqaamconference.com\/\">Arqaam Capital MENA Investors Conference 2018<\/a>, Four Seasons Resorts, Dubai.<\/p>\n<p>24-25 September (Monday-Tuesday): <a href=\"https:\/\/egyptwaterdesalination.iqpc.com\/\">Egypt Water Desalination Forum<\/a>, venue TBD.<\/p>\n<p>27 September (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>06 October (Saturday): Armed Forces Day, national holiday.<\/p>\n<p>23-24 October (Tuesday-Wednesday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2018\/\">Intelligent Cities Exhibition & Conference 2018<\/a>, Fairmont Towers Heliopolis, Cairo.<\/p>\n<p>15 November (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>20 November (Tuesday): Prophet's Birthday (TBC), national holiday.<\/p>\n<p>22 November (Thursday): US Thanksgiving.<\/p>\n<p>25-28 November (Sunday-Wednesday): 22nd Cairo ICT, Cairo Convention Center, Nasr City, Cairo.<\/p>\n<p>03-05 December (Monday-Wednesday): <a href=\"https:\/\/www.egyptdefenceexpo.com\/\">First Egypt Defense Expo<\/a>, Egyptian International Exhibition Center, Cairo.<\/p>\n<p>25 December (Tuesday): Western Christmas.<\/p>\n<p>27 December (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>01 January 2019 (Tuesday): New Year's Day, national holiday.<\/p>\n<p>07 January 2019 (Monday): Coptic Christmas.<\/p>\n<p>25 January 2019 (Friday): Police Day, national holiday.<\/p>\n<p>25 April 2019 (Thursday): Sinai Liberation day, national holiday.<\/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":626935,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-626934","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"7fd79cf7-b4f5-4084-8122-0060ffe1c090","teaser":"","photo_url":"https:\/\/ent.news\/2018\/7\/1475.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>Big tobacco stalling investment over sin tax? - 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\/big-tobacco-stalling-investment-over-sin-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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