{"id":626991,"date":"2018-07-17T03:48:03","date_gmt":"2018-07-17T03:48:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=626991"},"modified":"2025-12-17T09:27:55","modified_gmt":"2025-12-17T09:27:55","slug":"house-passes-string-of-key-legislation","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/house-passes-string-of-key-legislation\/","title":{"rendered":"House passes string of key legislation"},"content":{"rendered":"<section id=\"626993\" 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=\"626993\">\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\/17\/what-were-tracking-on-16-july-2018-2\/\">\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\/17\/what-were-tracking-on-16-july-2018-2\/\" 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\/17\/what-were-tracking-on-16-july-2018-2\/')\">\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\/17\/what-were-tracking-on-16-july-2018-2\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 16 July 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/what-were-tracking-on-16-july-2018-2\/\">\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\/17\/what-were-tracking-on-16-july-2018-2\/&title=What we\u2019re tracking on 16 July 2018\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+16+July+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F17%2Fwhat-were-tracking-on-16-july-2018-2%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\/17\/what-were-tracking-on-16-july-2018-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626993\" class=\"content-area-description single-story post-626993 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>It\u2019s the accidental legislation issue again here, as the House of Representatives passed a series of key laws yesterday<\/strong> \u2014 some important, others controversial. They gave their approval on a law setting up Egypt\u2019s first sovereign wealth fund and the Press and Media Acts. Expect future legislation issues this week as the House rushes to complete the laws on its plate in the current legislative term, which could be extended to August. The laws have guided the conversation on Egypt, both in the local and foreign press yesterday. We have more on those laws in the Speed Round below.<\/p><p><strong>The House of Representatives has delayed discussions on the Madbouly Cabinet\u2019s policy program till next week<\/strong>, Rep. Mahmoud Sherif, who chairs the committee tasked with reviewing the program, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1981244.aspx\">told Ahram Gate<\/a>. Deliberations on the program were due to begin today. The committee has concluded its report, which gave a resounding approval for the program, and is recommending that a vote of confidence be given to the Madbouly Cabinet.<\/p><p><strong>Long-term bond yields start dropping along with the short-term treasuries:<\/strong> Egypt\u2019s long-term bond yields have begun to decline from their peak last week, following the drop witnessed in short-term bond yields this week. Yields on the 10-year bonds fell to 17.748% after peaking at 17.859% last week. Five-year yields were flat, rising marginally to 17.759% from 17.756% at the last sale, also on July 2, central bank data showed, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL4N1UC41G\">according to Reuters<\/a>. <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/16\/playing-cat-and-mouse-with-the-carry-traders\/\">Analysts figure<\/a> that last week\u2019s record high yields indicated that carry traders and portfolio investors have lost interest in Egypt\u2019s debt, in large part as a result of the wider emerging market sell-offs.<\/p><p><strong>EM zombie apocalypse not as bad as widely thought? <\/strong>The rising USD is not really impacting emerging economies\u2019 growth potential, Union Bancaire Priv\u00e9e\u2019s Mathieu N\u00e8gre <a href=\"https:\/\/www.forbesmiddleeast.com\/en\/growth-potential-in-emerging-markets-is-unaffected-by-the-rising-dollar\/\">writes for Forbes Middle East<\/a>. EM are still \u201cbenefiting from synchronised growth in the global economy, he argues, noting that the MSCI EM Index is down only 5% y-t-d, while World Index is up 3.5%. \u201c<strong>That momentum provides a good opportunity to move back into this asset class,\u201d he argues.<\/strong><\/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=\"626996\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF 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draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-8jbhupt\" data-v=\"4\" data-block-id=\"8jbhupt\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-8jbhupt-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-8jbhupt-inner-blocks\">\r\n            <div 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class=\"stk-block-content stk-inner-blocks stk-ay5on9p-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-f10u1cg\" data-v=\"4\" data-block-id=\"f10u1cg\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-f10u1cg-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-f10u1cg-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div 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272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"626997\" 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=\"626997\">\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\/17\/its-legislative-groundhog-day\/\">\r\n                            It\u2019s (legislative) Groundhog Day                        <\/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\/17\/its-legislative-groundhog-day\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n      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              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\/17\/its-legislative-groundhog-day\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626997\" class=\"content-area-description single-story post-626997 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>It\u2019s (legislative) Groundhog Day:<\/strong> Legislation was once again the talk of the town on last night\u2019s talk shows after the House of Representatives passed several bills yesterday (all of which we look into in detail in Speed Round), including a few that had stirred controversy the previous day. The only notable exception was <strong>Vice Minister of Finance Ahmed Kouchouk\u2019s sit-down with Hona Al Asema\u2019s Reham Ibrahim to explain the economic reform program and its benefits<\/strong>.<\/p>\n<p><strong>An uptick in investment helped GDP growth rise to 5.4% in FY2017-18<\/strong>, which Kouchouk noted is a huge leap from the 2% GDP growth rate Egypt was averaging between 2011 and 2014. Kouchouk also pointed to other indicators such as the reduction of unemployment to 10.6% as of March 2018. He also dispelled rumors that the government is planning to raise subsidized bread prices, particularly since it would affect around 75 mn citizens.<\/p>\n<p><strong>Energy subsidy cuts were an absolute must, without which state coffers would have had to dole out another EGP 215 bn<\/strong>, Kouchouk said. He reminded viewers that these expenditures are being redirected towards creating new jobs and shoring up the social safety net, including expanding the Takaful and Karama programs to benefit 2.5 mn people (<a href=\"https:\/\/www.youtube.com\/watch?v=y2IfIxsfu5I\">watch, runtime: 12:59<\/a>).<\/p>\n<p><strong>Kouchouk\u2019s main talking point throughout the interview was that the government is not leaving people high and dry with its reforms<\/strong>, and is committed to introducing measures that will help increase citizens\u2019 ability to cope with the repercussions of reform. Chief among these measures is the government\u2019s move to increase wages for some 5.5 mn civil servants and raise the minimum threshold for income tax breaks, which he said should benefit more than 20 mn citizens (<a href=\"https:\/\/www.youtube.com\/watch?v=kLIKv0bqFn4\">watch, runtime: 24:40<\/a>).<\/p>\n<p><strong>Rep. Medhat Al Sherif discussed the Sovereign Wealth Fund Act<\/strong> with Hona Al Asema\u2019s Reham Ibrahim. Al Sherif explained the purpose of the EGP 200 bn fund, whose capital he said is expected to exceed EGP 1 tn once it brings all of Egypt\u2019s underutilized assets under its umbrella. A committee mandated with compiling a database of these untapped assets has thus far listed around 4,130 assets, Al Sherif said, without disclosing further details (<a href=\"https:\/\/www.youtube.com\/watch?v=CrQTkQOO38M\">watch, runtime: 6:09<\/a>). The fund\u2019s success hinges on it being managed efficiently, Al Sherif said, adding that the fund must also be subject to strict auditing and regulation (<a href=\"https:\/\/www.youtube.com\/watch?v=e5lFpyq3DjU\">watch, runtime: 6:16<\/a>).<\/p>\n<p><strong>The establishment of the fund is part of the government\u2019s administrative reform drive<\/strong>, investment export Osama Mourad said. The fund would allow for a \u201cregulated\u201d type of privatization that does not necessarily entail the sale of state assets and would instead rely on involving the private sector in managing these assets, Mourad noted (<a href=\"https:\/\/www.youtube.com\/watch?v=pTyieazAK2Q\">watch, runtime: 6:15<\/a>).<\/p>\n<p><strong>Rep. Osama Heikal was also back on the airwaves to defend the Press and Media Act<\/strong>, including articles that have repeatedly come under fire for undermining freedom of expression. Heikal told Yahduth fi Masr\u2019s Sherif Amer that social media users naturally have the right to express their opinions through their personal accounts, but quickly rolled back on the idea by saying that social media must be subject to stringent regulation to avoid the dissemination of \u201cfalse news\u201d and rumors. Social media accounts would only be blocked if they are seen as posing a threat to national security, he said. Heikal also explained to Amer that, once President Abdel Fattah El Sisi ratifies the law, <strong>the current boards and heads of the three media regulatory bodies \u2014 the National Media Authority, the National Press Authority, and the Supreme Media Council \u2014 will see a shakeup<\/strong> (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/626734704371506\/\">watch, runtime: 3:00<\/a> and <a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/\">runtime: 3:03<\/a>).<\/p>\n<p><strong>House reps. also blanketed the airwaves to defend the bill granting Egyptian citizenship to residents<\/strong> in exchange for EGP 7 mn. Parliament spokesman Salah Hassaballah said the legislation is mostly geared towards investors and businessmen (<a href=\"https:\/\/www.youtube.com\/watch?v=xOpzb78Baj4\">watch, runtime: 7:07<\/a>) while Rep. Shoukry Al Gendy reiterated that citizenship will only be granted to those who pass a thorough security screening and meet other requirements (<a href=\"https:\/\/www.youtube.com\/watch?v=JvDqH0TXDAU\">watch, runtime: 4:56<\/a>).<\/p>\n<p><strong>National security concerns with the law:<\/strong> The only detractor of the law was the Wafd Party\u2019s assistant head, Yasser Koura, who suggested that opening the floor for people from any country to obtain the Egyptian citizenship might be an issue for national security. Koura also said the bill should have required that the payment be made in foreign currency (<a href=\"https:\/\/www.youtube.com\/watch?v=9RGJSaVao2g\">watch, runtime: 4:05<\/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=\"626998\" 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=\"626998\">\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\/17\/house-signs-off-on-several-law\/\">\r\n                            House signs off on several law                        <\/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\/17\/house-signs-off-on-several-law\/\" 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\/17\/house-signs-off-on-several-law\/')\">\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\/17\/house-signs-off-on-several-law\/\">\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=House signs off on several law&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/house-signs-off-on-several-law\/\">\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\/17\/house-signs-off-on-several-law\/&title=House signs off on several law\">\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=House+signs+off+on+several+law+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F17%2Fhouse-signs-off-on-several-law%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\/17\/house-signs-off-on-several-law\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-626998\" class=\"content-area-description single-story post-626998 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>LEGISLATION WATCH- House signs off on several laws, including Sovereign Wealth Fund Act and the Press and Media Act: <\/strong>The House of Representatives\u2019 general assembly signed off yesterday on the law establishing Egypt\u2019s EGP 200 bn sovereign wealth fund, <a href=\"http:\/\/almalnews.com\/Story\/382852\/14\/%D8%A7%D9%84%D9%86%D8%B5-%D8%A7%D9%84%D9%83%D8%A7%D9%85%D9%84-%D9%84%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D9%85%D8%B5%D8%B1-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%AF%D9%89-%D8%A8%D8%B9%D8%AF-%D8%A5%D9%82%D8%B1%D8%A7%D8%B1%D9%87-%D9%85%D9%86-%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86\">Al Mal reports<\/a>. The law <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/15\/amended-sovereign-wealth-fund-act-ready-for-house-plenary-vote\/\">gives the fund<\/a> complete financial independence and relieves it from paying taxes on transactions with subsidiary funds and affiliates, in addition to clarifying what the state would consider an under-utilized asset. The executive regulations for the law should be issued within 60 days of it being published in the Official Gazette.<\/p>\n<p><strong>The general assembly also approved the three laws that make up the second part of the Press and Media Act, <\/strong><a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16072018&id=48eedc6f-b960-40f6-a9ce-f87a57c144ce\">according to Al Shorouk<\/a>. Representatives had approved the bills on Sunday but postponed their vote due to lack of quorum. Their vote came after the draft laws, which were rejected by the Press Syndicate, were <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/16\/an-eventful-day-at-parliament-made-for-a-legislation-heavy-night-on-the-airwaves\/\">amended to reflect comments<\/a> by the Council of State (Maglis Al Dawla), which suggested that <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/09\/the-press-and-media-act-contains-plenty-that-is-unconstitutional\/\">several of their articles were unconstitutional<\/a> and infringed on press freedom.<\/p>\n<p><strong>A law that shields senior military officials from prosecution without permission from the Supreme Council of the Armed Forces also received a nod from the House today<\/strong>. The law \u201ccould make senior military officers <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/04\/house-approves-law-shielding-senior-military-officials-from-prosecution\/\">immune from future prosecution<\/a> tied to violence which followed the 2013 ouster of Islamist president Mohammed Morsi,\u201d <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-parliament-military\/egypt-passes-law-shielding-senior-military-officers-from-prosecution-idUSKBN1K61L7\">Reuters says<\/a>.<\/p>\n<p><strong>The House general assembly approved the final draft of the Public Contracts Act<\/strong> (previously known as the Tenders and Auctions Act), <a href=\"http:\/\/gate.ahram.org.eg\/News\/1981219.aspx\">Ahram Gate reports<\/a>. Parliamentary Speaker Ali Abdel Aal decided to refer the legislation to the Council of State (Maglis El Dawla) for a second review after the House Budget Committee had amended the bill to reflect the name change. The legislation aims to decentralize and streamline tender procedures.<\/p>\n<p><strong>Want to become an Egyptian quick? Got EGP 7 mn?<\/strong> Also approved a yesterday was a law that would <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16072018&id=b1e89392-b728-47bb-be0c-23f2021c1215\">grant foreign residents Egyptian citizenship<\/a> in exchange for an EGP 7 mn deposit (or its foreign currency equivalent of c. USD 391,000) which is meant to help spur foreign investment. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-07-16\/egypt-dangles-speedier-citizenship-to-woo-wealthy-investors\">Bloomberg is noting<\/a> criticisms of the law that it panders to business.<\/p>\n<p><strong>The general assembly also approved amendments to the <\/strong><a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16072018&id=2fa3c2ab-0c4f-489a-b4f4-a896dd326587\"><strong>income tax code<\/strong><\/a> that would set a 2.5% tax on on real estate sales.<\/p>\n<p><strong>Parliament also gave its final approval to the Foreign Campuses Act<\/strong>, which sets the rules for foreign universities opening campuses in Egypt, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1981138.aspx\">according to Ahram Gate.<\/a><\/p>\n<p>Other items on the House agenda include:<\/p>\n<ul>\n<li><strong>House reps. have drafted legislation on connecting homes to the national natural gas grid<\/strong>, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16072018&id=eb97f6dd-c2a0-4af9-98eb-dfe0b6f5630a\">Al Shorouk reports<\/a>. If approved, the bill would see the New Urban Communities Authority (NUCA) add the cost of gas utility installation to the price of any piece of land being sold.<\/li>\n<li><strong>The House is likely to defer to the next legislative term<\/strong> discussions over Egypt\u2019s version of the <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16072018&id=81ddc687-9647-4382-9e7b-daf15e8c614c\">Freedom of Information Act<\/a>, and another that would amend the guidelines for electing the board of the <a href=\"https:\/\/alborsanews.com\/2018\/07\/16\/1116217\">Federation of Industries<\/a>. <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"627012\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627013\" 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=\"627013\">\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\/17\/what-were-tracking-this-week-and-beyond-118\/\">\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\/17\/what-were-tracking-this-week-and-beyond-118\/\" 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\/17\/what-were-tracking-this-week-and-beyond-118\/')\">\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\/17\/what-were-tracking-this-week-and-beyond-118\/\">\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\/17\/what-were-tracking-this-week-and-beyond-118\/\">\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\/17\/what-were-tracking-this-week-and-beyond-118\/&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%2F17%2Fwhat-were-tracking-this-week-and-beyond-118%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\/17\/what-were-tracking-this-week-and-beyond-118\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627013\" class=\"content-area-description single-story post-627013 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>President Abdel Fattah El Sisi will reportedly be visiting Sudan on Thursday to meet with Sudanese President Omar Al Bashir<\/strong>, according to reports in the Sudanese press <a href=\"https:\/\/www.youm7.com\/story\/2018\/7\/16\/%D8%A7%D9%84%D8%B5%D8%AD%D9%81-%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A%D8%A9-%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%8A-%D9%8A%D8%B2%D9%88%D8%B1-%D8%A7%D9%84%D8%AE%D8%B1%D8%B7%D9%88%D9%85-%D8%A7%D9%84%D8%AE%D9%85%D9%8A%D8%B3-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\/3875264\">picked up by Youm7<\/a>. The two-day long meetings between the presidents will encompass primarily the Grand Ethiopian Renaissance Dam (GERD) and the South Sudan peace process, according to the newspaper.<\/p>\n<p><strong>El Sisi is expected to also attend the Forum on China-Africa Cooperation in Beijing this September<\/strong>, China\u2019s acting ambassador to Egypt Liu Yongfeng <a href=\"https:\/\/www.alborsanews.com\/2018\/07\/16\/1116505\">told reporters yesterday<\/a>. El Sisi will meet Chinese President Xi Jinping on the sidelines of the forum to discuss Cairo and Beijing\u2019s plans for cooperation during the upcoming few years.<\/p>\n<p><strong>We\u2019re still waiting on news around the new education program<\/strong> President Abdel Fattah El Sisi is reportedly set to unveil this month. It is unclear whether the program is K-12 or post-secondary.<\/p>\n<p><strong>GEM bidding deadline extended:<\/strong> Investors have until 21 August to bid to open stores at the Grand Egyptian Museum (GEM) after the deadline has been extended, according to GEM supervisor Tarek Tawfik.<\/p>\n<p><strong>Plan your long weekend and bridge:<\/strong> The CBE officially announced banks and the EGX will be off on Monday, 23 July in observance of Revolution Day, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16072018&id=20eb4520-0aed-4fe2-a52a-b3724188b344\">according to Al Shorouk<\/a>. Expect half the nation\u2019s workforce to try to cadge a four-day weekend. We\u2019ll be back in your inboxes Tuesday morning.<\/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=\"627014\" 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=\"627014\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/house-laws-top-coverage-of-egypt-in-the-foreign-press\/\">\r\n                            House laws top coverage of Egypt in the foreign press                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/house-laws-top-coverage-of-egypt-in-the-foreign-press\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/house-laws-top-coverage-of-egypt-in-the-foreign-press\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/house-laws-top-coverage-of-egypt-in-the-foreign-press\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=House laws top coverage of Egypt in the foreign press&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/house-laws-top-coverage-of-egypt-in-the-foreign-press\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/house-laws-top-coverage-of-egypt-in-the-foreign-press\/&title=House laws top coverage of Egypt in the foreign press\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=House+laws+top+coverage+of+Egypt+in+the+foreign+press+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F17%2Fhouse-laws-top-coverage-of-egypt-in-the-foreign-press%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/house-laws-top-coverage-of-egypt-in-the-foreign-press\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627014\" class=\"content-area-description single-story post-627014 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Topping coverage of Egypt in the foreign press this morning was the series of laws passed by the House of Representatives yesterday<\/strong>, with particular attention being given to politically sensitive laws. The most talked about and the most controversial is a law that shields senior military officials from prosecution without permission from the Supreme Council of the Armed Forces. All foreign coverage on the law has reached the same conclusion: That the law was designed to shield them from prosecution for violence during the ousting of Ikhwani president Mohamed Morsi, with many, <a href=\"https:\/\/www.bbc.co.uk\/news\/world-middle-east-44848757\">including from the BBC<\/a>, running their own counts of those dead and arrested during the period.<\/p>\n<p><strong>The foreign press was also critical of the passing of the Press and Media Act<\/strong>, with outlets calling the law, legalized censorship. <a href=\"https:\/\/www.wsj.com\/articles\/egypt-passes-law-to-regulate-media-as-president-sisi-consolidates-power-1531769232?mod=searchresults&page=1&pos=1\">The Wall Street Journal says<\/a> the move is another attempt by the El Sisi administration to consolidate power.<\/p>\n<p>Other headlines worth noting in brief:<\/p>\n<ul>\n<li><strong>Abu Dhabi\u2019s Enviromena Power Systems is working on solar power projects in Egypt with up to 256 MW generation capacity<\/strong>, which will come online in 2019, <a href=\"http:\/\/meconstructionnews.com\/30423\/enviromena-working-on-more-than-500mw-of-solar-projects-in-mena'\">according to ME Construction News<\/a>.<\/li>\n<li><strong>Egypt has managed to broker another \u201cfragile\u201d truce between Israel and Palestinian factions<\/strong> Hamas and Islamic Jihad, <a href=\"https:\/\/www.albawaba.com\/news\/egypt-brokers-fragile-truce-between-palestinian-factions-and-israel-gaza-1160018\">Al Bawaba says<\/a>.<\/li>\n<li><strong>National Geographic\u2019s latest show traces archaeologist Matt Adams' 30 years of digging<\/strong> in Ancient Abydos, <a href=\"http:\/\/www.newsandsentinel.com\/news\/community-news\/2018\/07\/vienna-native-works-on-egypt-excavation-as-part-of-national-geographic-tv-show\/\">according to News and Sentinel<\/a>.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627015\" 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=\"627015\">\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\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/govt-doesnt-think-its-decisions-through-and-its-attempts-to-resolve-one-problem-ends-up-creating-several-new-ones\/\">\r\n                            Gov\u2019t doesn\u2019t think its decisions through and its attempts to resolve one problem ends up creating several new ones                        <\/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\/17\/govt-doesnt-think-its-decisions-through-and-its-attempts-to-resolve-one-problem-ends-up-creating-several-new-ones\/\" 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\/17\/govt-doesnt-think-its-decisions-through-and-its-attempts-to-resolve-one-problem-ends-up-creating-several-new-ones\/')\">\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\/17\/govt-doesnt-think-its-decisions-through-and-its-attempts-to-resolve-one-problem-ends-up-creating-several-new-ones\/\">\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 doesn\u2019t think its decisions through and its attempts to resolve one problem ends up creating several new ones&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/govt-doesnt-think-its-decisions-through-and-its-attempts-to-resolve-one-problem-ends-up-creating-several-new-ones\/\">\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\/17\/govt-doesnt-think-its-decisions-through-and-its-attempts-to-resolve-one-problem-ends-up-creating-several-new-ones\/&title=Gov\u2019t doesn\u2019t think its decisions through and its attempts to resolve one problem ends up creating several new ones\">\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+doesn%E2%80%99t+think+its+decisions+through+and+its+attempts+to+resolve+one+problem+ends+up+creating+several+new+ones+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F17%2Fgovt-doesnt-think-its-decisions-through-and-its-attempts-to-resolve-one-problem-ends-up-creating-several-new-ones%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\/17\/govt-doesnt-think-its-decisions-through-and-its-attempts-to-resolve-one-problem-ends-up-creating-several-new-ones\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627015\" class=\"content-area-description single-story post-627015 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>Opinion writers not happy with gov\u2019t decision making process: <\/strong>Government decisions geared to resolve specific problems end up creating a host of other issues because the decisions are not thoroughly thought out to begin with, Safwat Kabel <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=14072018&id=628a0652-d007-4c41-9e07-03a7e7f52b80\">writes for Al Shorouk<\/a>. Kabel takes issue with the recently implemented rice policy that saw the government reducing the country\u2019s rice cultivation and President Abdel Fattah El Sisi approving the import of rice as a way to reduce retail prices. While these policies are understandable when looking through the water conservation lens, Kabel argues that the government did not assess the situation holistically and failed to anticipate the decisions\u2019 side effects \u2014 or, at the very least, communicate how it plans to address these side effects. Among the issues he points to are the fact that farmers were not given guidelines on which crops to cultivate instead of rice, that reducing rice cultivation will reduce the fertility of the soil, and that relying on imported rice means that the retail price will likely increase for domestic consumers.<\/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=\"627016\" 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=\"627016\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/innovation-increases-gap-between-worlds-most-productive-companies-and-rivals\/\">\r\n                            Innovation increases gap between world\u2019s most productive companies and rivals                        <\/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\/17\/innovation-increases-gap-between-worlds-most-productive-companies-and-rivals\/\" 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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Economists have found that the biggest companies, fueled by technology and innovative production methods, are growing at a much higher clip than their smaller counterparts. The discrepancy in productivity rates between large and small companies is also growing, meaning small companies are increasingly lagging behind.<\/p>\n<p><strong>So why isn\u2019t productivity increasing at all companies, big or small?<\/strong> Part of the issue could be that bigger firms have more resources to invest in new technologies and other measures to increase productivity, whereas the smaller players struggle to scrape together the necessary costs and may also be dissuaded from taking risky decisions that could end in disaster. But AI is not solely responsible for the productivity gap. \u201cSome economists say it could be that good managers have flocked to top firms \u2014 enticed by the larger pay offered by multinationals \u2014 and the laggards need to catch up. According to the World Management Survey, smaller firms are consistently worse run and are responsible for most differences in management across countries.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627018\" 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=\"627018\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/sme-authority-in-talks-with-world-bank-for-usd-300-mn-loan\/\">\r\n                            SME Authority in talks with World Bank for USD 300 mn loan                        <\/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\/17\/sme-authority-in-talks-with-world-bank-for-usd-300-mn-loan\/\" 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\/17\/sme-authority-in-talks-with-world-bank-for-usd-300-mn-loan\/')\">\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\/17\/sme-authority-in-talks-with-world-bank-for-usd-300-mn-loan\/\">\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=SME Authority in talks with World Bank for USD 300 mn loan&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/sme-authority-in-talks-with-world-bank-for-usd-300-mn-loan\/\">\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\/17\/sme-authority-in-talks-with-world-bank-for-usd-300-mn-loan\/&title=SME Authority in talks with World Bank for USD 300 mn loan\">\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=SME+Authority+in+talks+with+World+Bank+for+USD+300+mn+loan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F17%2Fsme-authority-in-talks-with-world-bank-for-usd-300-mn-loan%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\/17\/sme-authority-in-talks-with-world-bank-for-usd-300-mn-loan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627018\" class=\"content-area-description single-story post-627018 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Small and Medium Enterprise Authority is in talks with the World Bank for a USD 300 mn loan to finance new projects,<\/strong> boss Nevine Gamea said yesterday, <a href=\"https:\/\/www.youm7.com\/story\/2018\/7\/16\/%D8%AC%D9%87%D8%A7%D8%B2-%D8%A7%D9%84%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D8%BA%D9%8A%D8%B1%D8%A9-%D9%86%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D9%85%D8%B9-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D9%84%D9%84%D8%AD%D8%B5%D9%88%D9%84-%D8%B9%D9%84%D9%89-300\/3874586\">Youm7 reports<\/a>. The authority is looking to expand its funding of ventures such as financial leasing companies, according to Gamea, who did not provide any details on the timeline for the loan.<\/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=\"627020\" 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=\"627020\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/military-production-ministry-to-announce-qualified-companies-to-work-on-dabaa-plant-in-two-months\/\">\r\n                            Military Production Ministry to announce qualified companies to work on Dabaa plant in two 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\/17\/military-production-ministry-to-announce-qualified-companies-to-work-on-dabaa-plant-in-two-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\/17\/military-production-ministry-to-announce-qualified-companies-to-work-on-dabaa-plant-in-two-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\/17\/military-production-ministry-to-announce-qualified-companies-to-work-on-dabaa-plant-in-two-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=Military Production Ministry to announce qualified companies to work on Dabaa plant in two months&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/military-production-ministry-to-announce-qualified-companies-to-work-on-dabaa-plant-in-two-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\/17\/military-production-ministry-to-announce-qualified-companies-to-work-on-dabaa-plant-in-two-months\/&title=Military Production Ministry to announce qualified companies to work on Dabaa plant in two 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=Military+Production+Ministry+to+announce+qualified+companies+to+work+on+Dabaa+plant+in+two+months+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F17%2Fmilitary-production-ministry-to-announce-qualified-companies-to-work-on-dabaa-plant-in-two-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\/17\/military-production-ministry-to-announce-qualified-companies-to-work-on-dabaa-plant-in-two-months\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627020\" class=\"content-area-description single-story post-627020 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.5803f648-317a-42d1-b4ef-4fa0ccea5ba1.mp3\"><\/audio><\/figure>\n<p>The Military Production Ministry will begin reviewing offers from local companies looking to work on the Dabaa nuclear power plant in two months\u2019 time, <a href=\"https:\/\/alborsanews.com\/2018\/07\/16\/1116241\">Minister Mohamed El Assar said yesterday<\/a>. Petrojet, Hassan Allam, Arab Contractors, Elsewedy, ABB Egypt, and Orascom are among the 86 companies that have submitted offers, according to unnamed sources. Russia\u2019s Rosatom will be consulted during the selection process. Sabbour Consulting was reportedly <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/22\/sabbour-consulting-bidding-for-two-dabaa-nuclear-power-plant-design-contracts\/\">bidding for two design contracts<\/a> related to work on project earlier this year. Rosatom had invited Egyptian engineering and consulting firms to <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/22\/few-more-steps-towards-actually-signing-the-dabaa-contracts\/\">begin presenting their offers<\/a> to work last November.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627022\" 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=\"627022\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/egyptair-operating-two-weekly-flights-to-hong-kong-in-september\/\">\r\n                            EgyptAir operating two weekly flights to Hong Kong in September                        <\/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\/17\/egyptair-operating-two-weekly-flights-to-hong-kong-in-september\/\" 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\/17\/egyptair-operating-two-weekly-flights-to-hong-kong-in-september\/')\">\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\/17\/egyptair-operating-two-weekly-flights-to-hong-kong-in-september\/\">\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=EgyptAir operating two weekly flights to Hong Kong in September&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/egyptair-operating-two-weekly-flights-to-hong-kong-in-september\/\">\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\/17\/egyptair-operating-two-weekly-flights-to-hong-kong-in-september\/&title=EgyptAir operating two weekly flights to Hong Kong in September\">\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=EgyptAir+operating+two+weekly+flights+to+Hong+Kong+in+September+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F17%2Fegyptair-operating-two-weekly-flights-to-hong-kong-in-september%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\/17\/egyptair-operating-two-weekly-flights-to-hong-kong-in-september\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627022\" class=\"content-area-description single-story post-627022 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.071ff303-3221-42ae-a316-64879cd0c4f2.mp3\"><\/audio><\/figure>\n<p>EgyptAir is planning to operate two weekly flights to Hong Kong starting 17 September, company Chairman <a href=\"https:\/\/www.youm7.com\/story\/2018\/7\/16\/%D9%85%D8%B5%D8%B1-%D9%84%D9%84%D8%B7%D9%8A%D8%B1%D8%A7%D9%86-%D8%AA%D8%B3%D9%8A%D8%B1-%D8%AE%D8%B7%D8%A7-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A7-%D8%A5%D9%84%D9%89-%D9%87%D9%88%D9%86%D8%AC-%D9%83%D9%88%D9%86%D8%AC-%D9%8825-%D8%AA%D8%AE%D9%81%D9%8A%D8%B6\/3874455\">Ahmed Adel tells Youm7<\/a>. The new line will operate on Mondays and Fridays with a stopover in Bangkok.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627023\" 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=\"627023\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/ntra-to-investigate-delay-in-mnos-offering-fixed-line-services\/\">\r\n                            NTRA to investigate delay in MNOs offering fixed line services                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/ntra-to-investigate-delay-in-mnos-offering-fixed-line-services\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/ntra-to-investigate-delay-in-mnos-offering-fixed-line-services\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/ntra-to-investigate-delay-in-mnos-offering-fixed-line-services\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=NTRA to investigate delay in MNOs offering fixed line services&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/ntra-to-investigate-delay-in-mnos-offering-fixed-line-services\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/ntra-to-investigate-delay-in-mnos-offering-fixed-line-services\/&title=NTRA to investigate delay in MNOs offering fixed line services\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=NTRA+to+investigate+delay+in+MNOs+offering+fixed+line+services+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F17%2Fntra-to-investigate-delay-in-mnos-offering-fixed-line-services%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/ntra-to-investigate-delay-in-mnos-offering-fixed-line-services\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627023\" class=\"content-area-description single-story post-627023 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\/.9282d316-8545-4147-a162-c3f375ce6225.mp3\"><\/audio><\/figure>\n<p><a id=\"tldr-story-07\" class=\"content-anchor\"><\/a> The National Telecommunications Regulatory Authority (NTRA) is currently investigating why the nation\u2019s three private mobile network operators are facing delays in offering fixed line services since they received their operating licenses two years ago, sources close to the matter <a href=\"https:\/\/www.youm7.com\/story\/2018\/7\/16\/%D8%A7%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D9%86%D8%A8%D8%AD%D8%AB-%D9%85%D8%B9-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A3%D8%B3%D8%A8%D8%A7%D8%A8-%D8%AA%D8%A3%D8%AE%D8%B1-%D8%AA%D8%B4%D8%BA%D9%8A%D9%84-%D8%B1%D8%AE%D8%B5-%D8%A7%D9%84%D8%AA%D9%84%D9%8A%D9%81%D9%88%D9%86-%D8%A7%D9%84%D8%A3%D8%B1%D8%B6%D9%89\/3873354\">tell Youm7<\/a>. Orange Egypt had said in <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/03\/orange-egypts-fixed-line-services-to-launch-in-early-2018\/\">December last year<\/a> that it would begin offering fixed line services as of 2018. Meanwhile, Prepaid mobile phone scratch card prices will not be raised to reflect the recent hike in fuel costs, an unnamed telecom company source <a href=\"http:\/\/almalnews.com\/Story\/382844\/17\/%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D9%84%D8%A7-%D9%86%D9%8A%D8%A9-%D9%84%D8%B1%D9%81%D8%B9-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D9%83%D8%B1%D9%88%D8%AA-%D8%A7%D9%84%D8%B4%D8%AD%D9%86%E2%80%8E\">tells Al Mal<\/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\/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=\"627025\" 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=\"627025\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/media-public-freezone-media-production-city-sign-sign-mou-with-uae-media-hub-amcfz\/\">\r\n                            Media Public Freezone, Media Production City sign sign MoU with UAE media hub AMCFZ                        <\/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\/17\/media-public-freezone-media-production-city-sign-sign-mou-with-uae-media-hub-amcfz\/\" 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\/17\/media-public-freezone-media-production-city-sign-sign-mou-with-uae-media-hub-amcfz\/')\">\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\/17\/media-public-freezone-media-production-city-sign-sign-mou-with-uae-media-hub-amcfz\/\">\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=Media Public Freezone, Media Production City sign sign MoU with UAE media hub AMCFZ&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/media-public-freezone-media-production-city-sign-sign-mou-with-uae-media-hub-amcfz\/\">\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\/17\/media-public-freezone-media-production-city-sign-sign-mou-with-uae-media-hub-amcfz\/&title=Media Public Freezone, Media Production City sign sign MoU with UAE media hub AMCFZ\">\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=Media+Public+Freezone%2C+Media+Production+City+sign+sign+MoU+with+UAE+media+hub+AMCFZ+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F17%2Fmedia-public-freezone-media-production-city-sign-sign-mou-with-uae-media-hub-amcfz%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\/17\/media-public-freezone-media-production-city-sign-sign-mou-with-uae-media-hub-amcfz\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627025\" class=\"content-area-description single-story post-627025 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.5d991e3d-8324-41a3-9155-d4ff1822a5cb.mp3\"><\/audio><\/figure>\n<p><strong>The UAE\u2019s Ajman Media City Freezone (AMCFZ) signed agreements with Egypt\u2019s Media Public Free Zone and Media Production City, <\/strong>which will see the AMCFZ \u201cidentify value propositions, projects and events that can be localised for the UAE market and be brought to Ajman,\u201d <a href=\"https:\/\/www.arabianbusiness.com\/media\/400884-ajmans-new-media-free-zone-signs-deals-with-indian-egyptian-partners\">according to Arabian Business<\/a>. The AMCFZ, which is set to become a regional hub for the creative and entertainment industries, also signed agreements with the Times of India and Hindustan Times.<\/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=\"627026\" 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=\"627026\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/627026\/\">\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\/17\/627026\/\" 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\/17\/627026\/')\">\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\/17\/627026\/\">\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\/17\/627026\/\">\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\/17\/627026\/&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%2F17%2F627026%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\/17\/627026\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627026\" class=\"content-area-description single-story post-627026 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.84 | Sell 17.94<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> (Monday): 15,656 (-1.2%)<br \/>\n <strong>Turnover:<\/strong> EGP 778 mn (19% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +4.2%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session down 1.2%. CIB, the index heaviest constituent ended down 0.7%. EGX30\u2019s top performing constituents were Madinet Nasr Housing up 0.9%, Abu Dhabi Islamic Bank up 0.3%, and Egyptian Iron & Steel up 0.3%. Yesterday\u2019s worst performing stocks were EFG Hermes down 4.1%, ACC down 3.9%, and Juhayna down 3.6%. The market turnover was EGP 778 mn, and foreign investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -21.0 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +15.9 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +5.2 mn<\/p>\n<p><strong>Retail<\/strong>: 44.0% of total trades | 43.0% of buyers | 45.1% of sellers<br \/>\n <strong>Institutions<\/strong>: 56.0% of total trades | 57.0% of buyers | 54.9% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 50.0% of total | 48.6% of buyers | 51.4% of sellers<br \/>\n <strong>Regional:<\/strong> 4.5% of total | 5.5% of buyers | 3.5% of sellers<br \/>\n <strong>Domestic:<\/strong> 45.5% of total | 45.8% of buyers | 45.2% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 68.07 (+0.01%)<br \/>\n <strong>Brent:<\/strong> USD 72.27 (+0.60%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.77 MMBtu, (+0.36%, August 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,241.00 \/ troy ounce (+0.10%)<\/p>\n<p><strong>TASI:<\/strong> 8,490.75 (+1.02%) (YTD: +17.50%)<br \/>\n <strong>ADX:<\/strong> 4,747.09 (+1.08%) (YTD: +7.93%)<br \/>\n <strong>DFM:<\/strong> 2,919.46 (+0.67%) (YTD: -13.37%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,389.11 (+0.99%)<br \/>\n <strong>QE:<\/strong> 9,439.97 (+1.06%) (YTD: +10.75%)<br \/>\n <strong>MSM:<\/strong> 4,448.77 (-0.18%) (YTD: -12.76%)<br \/>\n <strong>BB: <\/strong>1,351.87 (+0.60%) (YTD: +1.51%)<\/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=\"627027\" 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\/17\/627027\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627027\" class=\"content-area-description single-story post-627027 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>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":626992,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-626991","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"5e458a8a-9cdb-4863-b398-3c5cc0435e5f","teaser":"","photo_url":"https:\/\/ent.news\/2016\/1\/54.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>House passes string of key legislation - 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\/house-passes-string-of-key-legislation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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