{"id":627135,"date":"2018-07-24T04:22:23","date_gmt":"2018-07-24T04:22:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=627135"},"modified":"2025-12-17T09:33:14","modified_gmt":"2025-12-17T09:33:14","slug":"privatization-program-to-kick-off-in-october","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/privatization-program-to-kick-off-in-october\/","title":{"rendered":"Privatization program to kick off in October"},"content":{"rendered":"<section id=\"627137\" 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=\"627137\">\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\/24\/what-were-tracking-on-23-july-2018\/\">\r\n                            What we\u2019re tracking on 23 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\/24\/what-were-tracking-on-23-july-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/what-were-tracking-on-23-july-2018\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/what-were-tracking-on-23-july-2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 23 July 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/what-were-tracking-on-23-july-2018\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/what-were-tracking-on-23-july-2018\/&title=What we\u2019re tracking on 23 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+23+July+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F24%2Fwhat-were-tracking-on-23-july-2018%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/what-were-tracking-on-23-july-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627137\" class=\"content-area-description single-story post-627137 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>We hope your Revolution Day was as nice as ours<\/strong>, something we largely attribute to the four-day bridge we took. Now, enough gloating and on to what you may have missed over the weekend.<\/p><p><strong>President Abdel Fattah El Sisi is set to inaugurate today the three 14.4 GW Siemens combined-cycle power plants <\/strong>in Burullus, Beni Suef and the new capital, according to government sources.<\/p><p><strong>El Sisi will also inaugurate today the EGP 12 bn, 580 MW Gabal El Zeit wind farm<\/strong>, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1309493\">Al Masry Al Youm reports<\/a>. The wind farm has been connected to the national grid, according to the newspaper.<\/p><p><strong>The House is supposed to begin deliberation on Madbouly Cabinet\u2019s policy program today.<\/strong> The House committee tasked with reviewing the program has concluded its report and is recommending that the government be granted the confidence of parliament.<\/p><p><strong>For those wishing back-to-school season would never come, we hate to burst your bubble:<\/strong> The 2018-2019 academic year will begin on 22 September for public school and university students around the country, Education Minister Tarek Shawki and Higher Education Minister Khaled Abdel Ghaffar announced on Saturday, <a href=\"http:\/\/almalnews.com\/Story\/383529\/20\/%D8%A8%D8%AF%D8%A1-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D8%AF%D8%B1%D8%A7%D8%B3%D9%8A-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF-%D8%A8%D8%A7%D9%84%D9%85%D8%AF%D8%A7%D8%B1%D8%B3-%D9%88%D8%A7%D9%84%D8%AC%D8%A7%D9%85%D8%B9%D8%A7%D8%AA-22-%D8%B3%D8%A8%D8%AA%D9%85%D8%A8%D8%B1\">according to Al Mal<\/a>.<\/p><p><strong>Today will be a hot day<\/strong>. The <a href=\"http:\/\/ema.gov.eg\/\">Meteorological Authority expects<\/a> the mercury to peak at 40\u00b0C in Cairo.<\/p><p><strong>The Yuan is now another thing EMs have to worry about:<\/strong> Fears of the China-US trade war escalating to a currency war topped the list of worries of emerging markets investors as fears grow over a possible devaluation of the Yuan, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-07-22\/emerging-markets-at-mercy-of-falling-yuan-as-currency-war-looms\">Bloomberg reports<\/a>. The People\u2019s Bank of China fixed the currency at CNY 6.7 per USD for the first time in almost a year last week and on Friday weakened the reference rate the most in two years.<\/p><p><strong>A further drop in the currency to CNY 7 against the USD may trigger another round of panic selling in emerging markets<\/strong>, said Edwin Gutierrez, the London-based head of emerging-market sovereign debt at Aberdeen Standard Investments. \u201cBut we are confident that the Chinese will not let things get disorderly. Having recently won the battle against capital outflows, they\u2019re not about to stoke those again by letting the currency depreciate significantly,\u201d he noted.<\/p><p><strong>This comes as Turkey\u2019s central bank is widely expected to raise interest rates today<\/strong> to help stymie the slide in the Lira, which is at the center of the EM currency selloff. \u201cIn the case of a continuation of loose fiscal and quasi-fiscal policies, the CBT is likely to be forced to hike further in the rest of the year,\u201d Morgan Stanley analysts wrote in an emailed note.<\/p><p><strong>More power to the quants:<\/strong> Clifford Asness\u2019 AQR is today a major player in the hedge fund industry, with USD 226 bn in assets under management. It largely achieved this through \u201cFactor investing,\u201d <a href=\"https:\/\/www.ft.com\/content\/2b3e2eaa-6fe6-11e8-92d3-6c13e5c92914\">which the FT describes<\/a> as a \u201ca revolution quietly sweeping through the asset management industry.\u201d Factor investing differs from other quantitative finance strategies in that it takes advantage of well-known patterns, human foibles, anomalies and inefficiencies, such as our penchant for glamorous stocks over well-performing ones. While some academics argue that this is in essence what hedge fund managers do, factor investors appear to have found a systemic, computerized way to do it.<\/p><p><strong>Other headlines that caught our attention this morning:<\/strong><\/p><p>Cypriot Energy Minister George Lakkotrypis vowed that the government will do everything necessary to ensure ExxonMobil\u2019s offshore oil and gas search runs smoothly, despite threats from Turkey, <a href=\"https:\/\/www.offshore-technology.com\/news\/cyprus-offshore-oil-and-gas-search\/\">Offshore Technology reports<\/a>.<\/p><p>A 10-year-old girl and an 18-year-old woman have died after a gunman opened fire on a busy avenue in Toronto on Monday, <a href=\"https:\/\/www.bbc.co.uk\/news\/world-us-canada-44919771\">according to the BBC<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627138\" 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 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            <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-xg8ndj9\" data-v=\"4\" data-block-id=\"xg8ndj9\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-xg8ndj9-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-xg8ndj9-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-vlylw2f\" data-v=\"4\" data-block-id=\"vlylw2f\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-vlylw2f-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-vlylw2f-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\" 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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=\"627139\">\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\/24\/a-humdrum-night-on-the-airwaves-commemorating-23-july\/\">\r\n                            A humdrum night on the airwaves commemorating 23 July                        <\/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 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<\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/a-humdrum-night-on-the-airwaves-commemorating-23-july\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627139\" class=\"content-area-description single-story post-627139 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>It was a humdrum night on the airwaves, with <strong>the expected inauguration of the Siemens 14.4 GW power plants and the Gabal El Zeit wind farm <\/strong>being the most noteworthy topic of discussion.<\/p>\n<p><strong>The Siemens combined cycle plants will raise Egypt\u2019s energy supply by some 25% and will cover the country\u2019s electricity needs<\/strong>, including households and industry, Electricity Ministry Spokesman Ayman Hamza said on Hona Al Asema. The plants will also feed into Egypt\u2019s planned electricity interconnection projects with Sudan, Cyprus and Greece, and Saudi Arabia, the latter of which Hamza says will be complete by 2021. Hamza also noted that the 580 MW wind farm at Gabal El Zeit is the largest wind farm in the world (<a href=\"https:\/\/www.youtube.com\/watch?v=Qlj33l9dZO4\">watch, runtime: 3:59<\/a>). Hamza also phoned into Yahduth fi Masr to further discuss the two power projects, including the fact that the Siemens plants were constructed in record time (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/633737310337912\/\">watch, runtime: 5:49<\/a>).<\/p>\n<p><strong>The commemoration of the 23 July revolution also took up significant airtime last night<\/strong>. Masaa DMC\u2019s Eman Al Hosary dedicated the majority of her episode to discussing the revolution\u2019s anniversary (<a href=\"https:\/\/www.youtube.com\/watch?v=ZHzMM4gbUF0\">watch, runtime: 15:14<\/a>) and sat down with late President Gamal Abdel Nasser\u2019s grandson (<a href=\"https:\/\/www.youtube.com\/watch?v=wTQhFVh1Uy8\">watch, runtime: 2:09<\/a>). Hona Al Asema\u2019s Dina Zahra (<a href=\"https:\/\/www.youtube.com\/watch?v=DJR9YJNbUPQ\">watch, runtime: 2:58<\/a>) and Al Hayah Fi Masr\u2019s Kamal Mady each hosted novelist Youssef Al Qaeed to talk about the 1952 revolution and its effects on Egypt (<a href=\"https:\/\/www.youtube.com\/watch?v=GOBHKik5HkI\">watch, runtime: 4:07<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=M-gACsB4l_U\">runtime: 4:07<\/a>). Sherif Amer also paid tribute to the anniversary on Yahduth fi Masr (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/633731453671831\/\">watch, runtime: 2:19<\/a>).<\/p>\n<p><strong>The Interior Ministry sanctioned the release of 683 indebted prisoners after the Tahya Masr fund paid off their debts<\/strong>, the fund\u2019s media coordinator Mohamed Mokhtar told Hona Al Asema\u2019s Dina Zahra. The fund has set aside EGP 30 mn to pay off all prisoners\u2019 debts, according to Mokhtar (<a href=\"https:\/\/www.youtube.com\/watch?v=OY-79fkl6bc\">watch, runtime: 2:26<\/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=\"627140\" 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=\"627140\">\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\/24\/govt-unveils-timeline-of-first-wave-of-state-privatization-program\/\">\r\n                            Gov\u2019t unveils timeline of first wave of state privatization program                        <\/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\/24\/govt-unveils-timeline-of-first-wave-of-state-privatization-program\/\" 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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Heliopolis for Housing and Development and Eastern Company will kick off the program with stake sales in October, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-07-22\/egypt-to-offer-heliopolis-eastern-tobacco-first-in-stake-sale\">Tawfik tells Bloomberg<\/a>. Alexandria Mineral Oils Company (AMOC) and Alexandria Container and Cargo Handling (ACCH) will sell shares on the EGX in November, while Abu Qir Fertilizers will sell a stake in December.<\/p>\n<p><strong>Gov\u2019t to offer investors majority stake in Heliopolis Housing: <\/strong>The government intends to allow investors to buy up a majority stake of around 33% Heliopolis for Housing and Development, Tawfik said. The government intends to retain ownership of 40% of the company, which currently has around 28% of its shares already listed on the EGX, Finance Minister Mohamed Maait <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-07-19\/egypt-to-allow-for-majority-stake-in-heliopolis-housing-offer\">told Bloomberg in a Thursday interview<\/a>. \u201cWe saw that Heliopolis, given the strength of the real-estate sector in Egypt, could be developed more by offering a bigger stake to investors,\u201d Maait told the news service, noting the previous successful sale of a majority stake to Madinet Nasr Housing and Development (MNHD).<\/p>\n<p><strong>Could more companies see a majority stake put on offer?<\/strong> While so far, a majority offering is available only in Heliopolis Housing, Tawfik hinted at the possibility of more majority offerings in the future. In a bid to maximize private sector presence on the boards of state companies, the government is \u201cgiving investors stakes in these companies and allowing them to have majority ownership in some of them,\u201d Tawfik added.<\/p>\n<p><strong>Meanwhile, Eastern Company appears to have upped the stake it plans to sell in October to 4.5% <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/29\/eastern-company-board-agrees-to-list-additional-4-on-egx-under-privatization-program\/\"><strong>from an initial 4%<\/strong><\/a>, according to the timeline put forth by Tawfik. AMOC and Abu Qir will each sell a 30% stake, while ACCH will sell 20% of its stake to investors.<\/p>\n<p><strong>As for the rest of the program? The second wave of the 23 state companies selling shares will go on offer in 1Q2019<\/strong>, although officials have yet to decide on which firms or the sizes of stakes to be sold, Tawfik added. In the next nine months, the government will study the performance of the 121 Public Enterprises Ministry companies. \u201cStrategic investors will be invited in, through management contracts,\u201d to run some of the companies that are unlikely to turn a profit under their current leaderships, he said.<\/p>\n<p><strong>State companies to sell EGP 75 bn in assets: <\/strong>In addition to the stake sales, Public Enterprises Ministry companies will sell some EGP 75 bn in assets, Tawfik said, <a href=\"http:\/\/almalnews.com\/Story\/383554\/15\/-%C2%AB%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%A3%D8%B9%D9%85%D8%A7%D9%84%C2%BB-%D8%AA%D8%AE%D8%B7%D8%B7-%D9%84%D9%84%D8%AA%D8%AE%D9%84%D9%89-%D8%B9%D9%86-%D8%A3%D8%B5%D9%88%D9%84-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-75-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87\">according to Al Mal<\/a>. Around half of the proceeds of the sale will go towards paying off overdue gas and electricity bills, as well settling debt payments to the state National Investment Bank. The ministry is currently tallying up the assets it plans to put up for sale, he added. The <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/24\/cabinet-mounts-push-for-state-owned-companies-start-paying-overdue-energy-bills-will-channel-funds-to-energy-companies\/\">Ismail Cabinet had set up a timeline in May<\/a> for state-owned companies to pay overdue gas and electricity bills so that the government can accelerate payments to foreign energy companies and other contractors, including Siemens and GE, among others. The move comes as the Electricity Ministry will reportedly settle some EGP 117 bn in overdue gas bills owed to the Oil Ministry before the end of 2018, in order to allow the latter to repay its arrears to international oil companies, <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/08\/arrears-to-oil-producers-are-now-below-pre-2011-levels-el-molla-promises-no-more-subsidy-cuts-this-calendar-year\/\">which came in at USD 1.2 bn<\/a> as of the end of FY2017-18, government sources <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1308795\">told Al Masry Al Youm on Friday<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"627153\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627154\" 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=\"627154\">\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\/24\/what-were-tracking-this-week-and-beyond-121\/\">\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\/24\/what-were-tracking-this-week-and-beyond-121\/\" 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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Finance Minister Mohamed Maait had <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/28\/late-export-subsidies-could-be-disbursed-sooner-than-we-thought\/\">told us last month<\/a>, however, that he would be working to devise a strategy to resolve the issue as soon as possible. <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/23\/finmin-to-disburse-late-export-subsidies-over-the-coming-few-years\/\">We had heard before<\/a> that the ministry was planning to disburse the late payments over an unspecified number of years after industry associations raised the issue several times. Mabrouk said that the committee would also discuss with the CBE the issue of higher fees for industrial licensing \u2014 which are <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/03\/ida-to-reexamine-higher-fees-for-industrial-licensing\/\">currently being re-examined<\/a> after they were said to be bad for business \u2014 in addition to its new initiative to help <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/13\/cbe-to-launch-initiative-for-idle-factories-within-a-week\/\">restart operations at idle factories<\/a>.<\/p>\n<p><strong>Prime Minister Mostafa Madbouly will lead a meeting to select the board of directors for Egypt\u2019s EGP 200 bn sovereign wealth fund<\/strong> \u201cwithin days,\u201d Finance Minister Mohamed Maait said, <a href=\"http:\/\/www.ahram.org.eg\/News\/202717\/5\/663086\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/%D9%85%D8%B9%D9%8A%D8%B7-%C2%AB%D8%A7%D9%84%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%AF%D9%89%C2%BB-%D9%84%D8%A7-%D9%8A%D9%87%D8%AF%D9%81-%D8%A5%D9%84%D9%89-%D8%A7%D9%84%D8%AE%D8%B5%D8%AE%D8%B5%D8%A9.aspx\">Al Ahram reports<\/a>.<\/p>\n<p><strong>Our friends at the American Chambers of Commerce (AmCham) will be hosting Finance Minister Mohamed Maait for its monthly luncheon on Monday, 30 July<\/strong>. <a href=\"https:\/\/www.amcham.org.eg\/login\/login.asp?ReturnUrl=%2Fcyberlink%2Fevents%2Fregister%2F1154%2F\">You can register for the event here<\/a>.<\/p>\n<p><strong>The sixth National Youth Conference is reportedly taking place by the end of the month.<\/strong> University students will be the focus of the upcoming edition. It\u2019s still unclear where the conference will be held.<\/p>\n<p><strong>President Abdel Fattah El Sisi might be visiting Beijing in September <\/strong>to attend the Forum on China-Africa Cooperation.<\/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=\"627155\" 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=\"627155\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/egyptian-women-challenge-social-norms-with-parkour\/\">\r\n                            Egyptian women challenge social norms with Parkour                        <\/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 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src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1850.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"627156\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/egyptian-women-challenge-social-norms-with-parkour\/1850-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1850.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1850.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1850.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1850.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627155\" class=\"content-area-description single-story post-627155 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>All-girl Parkour squad challenges social norms: <\/strong>A group of young girls who have trained everyday for the last six months to eventually form Egypt\u2019s first professional all-female Parkour team have also been challenging social norms,<a href=\"https:\/\/www.reuters.com\/article\/us-egypt-parkour\/egyptian-women-challenge-social-norms-by-practicing-parkour-idUSKBN1KC0TJ\">according to Reuters<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627157\" 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=\"627157\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/mummy-juice-tops-coverage-of-egypt-in-the-foreign-press\/\">\r\n                            Mummy juice tops 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\/24\/mummy-juice-tops-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\/24\/mummy-juice-tops-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\/24\/mummy-juice-tops-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=Mummy juice tops coverage of Egypt in the foreign press&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/mummy-juice-tops-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\/24\/mummy-juice-tops-coverage-of-egypt-in-the-foreign-press\/&title=Mummy juice tops 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=Mummy+juice+tops+coverage+of+Egypt+in+the+foreign+press+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F24%2Fmummy-juice-tops-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\/24\/mummy-juice-tops-coverage-of-egypt-in-the-foreign-press\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1890.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"627158\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/mummy-juice-tops-coverage-of-egypt-in-the-foreign-press\/1890-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1890.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1890.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1890.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1890.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627157\" class=\"content-area-description single-story post-627157 post type-post status-publish format-standard has-post-thumbnail 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><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Mummy juice tops coverage of Egypt in the foreign press: <\/strong>Almost 20,000 people (and counting) have <a href=\"https:\/\/www.change.org\/p\/let-people-drink-the-red-liquid-from-the-dark-sarcophagus\">signed on to a online petition<\/a> calling on the Egyptian government to allow people to drink the liquid found inside the mysterious black sarcophagus unearthed in Egypt earlier this month, which is once again topping coverage of Egypt in the foreign press. This is despite the fact that the Antiquities Ministry has said that the<strong> red liquid appears to be sewage water. <\/strong>The ministry found three mummies inside the sarcophagus and has now ruled out entirely the possibility that it had been Alexander the Great\u2019s final resting place. <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-archaeology-sarcophagus\/mystery-egypt-sarcophagus-found-not-to-house-alexander-the-greats-remains-idUSKBN1K92LL\">Reuters<\/a> and the <a href=\"https:\/\/apnews.com\/b247e74eb0014dc98bc7af73654566c1\/Egypt-rebuts-reports-on-liquid-inside-black-sarcophagus\">the Associated Press<\/a> are among many that have coverage.<\/p>\n<p>Other headlines worth noting in brief:<\/p>\n<ul>\n<li><strong>China is a promising market for Egypt's growing non-oil exports<\/strong>, <a href=\"http:\/\/www.xinhuanet.com\/english\/2018-07\/20\/c_137336311.htm\">Mahmoud Fouly writes for Xinhua<\/a>.<\/li>\n<li><strong>Prospects for democratic transition in Tunisia are much better than they are for Egypt or Libya<\/strong>, analysts speculate in a <a href=\"https:\/\/www.washingtonpost.com\/news\/monkey-cage\/wp\/2018\/07\/20\/how-new-governments-deal-with-old-elites-matters-more-than-you-might-expect\/?noredirect=on&utm_term=.f29673a2eb81\">piece for the Washington Post<\/a>. <\/li>\n<li>A Libyan Presidential Council member is <strong>accusing Egypt of attempting to seize an area in eastern Libya<\/strong>, according to <a href=\"https:\/\/www.libyaobserver.ly\/news\/official-international-community-should-put-end-egypt%E2%80%99s-attempts-seize-libyan-land\">the Libya Observer<\/a>.<\/li>\n<li><strong>Egypt is the go-to holiday destination in 2018 for its affordability<\/strong>, newly-renovated hotels, and level of safety, <a href=\"https:\/\/www.forbes.com\/sites\/fathom\/2018\/07\/21\/cairo-egypt-guide-2018\/#6558c0df32d8\">Allison DiLiegro writes in a trip review for Fathom<\/a>.<\/li>\n<li><a href=\"https:\/\/www.forbesmiddleeast.com\/en\/translating-success-egyptian-actor-amr-waked-wants-to-produce-films-on-the-world-stage\/\"><strong>Forbes Middle East<\/strong><\/a><strong> profiles Egyptian actor Amr Waked<\/strong> and his ambitions to produce a \u201cblockbuster Arab movie that would be screened around the world.\u201d<\/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=\"627159\" 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=\"627159\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/elsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania\/\">\r\n                            Elsewedy, Arab Contractors bidding to build USD 3 bn hydroelectric dam in Tanzania                        <\/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\/24\/elsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania\/\" 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\/24\/elsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania\/')\">\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\/24\/elsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania\/\">\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=Elsewedy, Arab Contractors bidding to build USD 3 bn hydroelectric dam in Tanzania&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/elsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania\/\">\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\/24\/elsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania\/&title=Elsewedy, Arab Contractors bidding to build USD 3 bn hydroelectric dam in Tanzania\">\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=Elsewedy%2C+Arab+Contractors+bidding+to+build+USD+3+bn+hydroelectric+dam+in+Tanzania+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F24%2Felsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania%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\/24\/elsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627159\" class=\"content-area-description single-story post-627159 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>Elsewedy Electric and Arab Contractors are among five companies that were shortlisted in the tender for a USD 3 bn hydroelectric dam over Tanzania\u2019s Rufiji River<\/strong>, CEO Ahmed El Sewedy <a href=\"http:\/\/www.almalnews.com\/Story\/383270\/12\/%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%AF%D9%89-%D9%88%D8%A7%D9%84%D9%85%D9%82%D8%A7%D9%88%D9%84%D9%88%D9%86-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8-%D9%8A%D9%86%D8%A7%D9%81%D8%B3%D8%A7%D9%86-%D8%B9%D9%84%D9%89-%D8%A8%D9%86%D8%A7%D8%A1-%D8%A3%D9%83%D8%A8%D8%B1-%D8%B3%D8%AF-%D9%83%D9%87%D8%B1%D9%88\">tells Al Mal<\/a>, without naming the other suitors. The Tanzanian government is expected to secure funding for the 2.1 GW project, which received prequalification offers from 17 companies, according to El Sewedy, who adds that he expects the winning bid to be announced in 3-4 months\u2019 time. Elsewedy has around 25 projects in Africa and is studying expanding into other markets, including Kenya. Arab Contractors <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/09\/arab-contractors-looking-to-get-in-on-usd-400-450-mn-worth-of-infrastructure-projects-in-africa\/\">is also competing for infrastructure projects worth USD 400-450 mn<\/a> across the continent.<\/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=\"627161\" 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=\"627161\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/apache-plans-to-drill-3-wells-in-western-desert-by-end-2018\/\">\r\n                            Apache plans to drill 3 wells in Western Desert by end-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\/24\/apache-plans-to-drill-3-wells-in-western-desert-by-end-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/apache-plans-to-drill-3-wells-in-western-desert-by-end-2018\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/apache-plans-to-drill-3-wells-in-western-desert-by-end-2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Apache plans to drill 3 wells in Western Desert by end-2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/apache-plans-to-drill-3-wells-in-western-desert-by-end-2018\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/apache-plans-to-drill-3-wells-in-western-desert-by-end-2018\/&title=Apache plans to drill 3 wells in Western Desert by end-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=Apache+plans+to+drill+3+wells+in+Western+Desert+by+end-2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F24%2Fapache-plans-to-drill-3-wells-in-western-desert-by-end-2018%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/apache-plans-to-drill-3-wells-in-western-desert-by-end-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627161\" class=\"content-area-description single-story post-627161 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\/.3206a96f-dfce-4265-ae2b-9d9ad9a6a006.mp3\"><\/audio><\/figure>\n<p>Apache Corporation plans to begin drilling three out of seven planned wells in the Western Desert by the end of 2018, Oil Ministry sources <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=19072018&id=9d34ad8b-da25-450d-994c-98ed643549f9\">tell Al Shorouk<\/a>. The company expects the wells to produce an initial 5,000 bopd. The EGPC had signed last week <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/19\/egpc-signs-usd-9-mn-oil-and-gas-ep-agreement-with-apache-corporation\/\">a USD 9 mn oil and gas exploration<\/a> agreement with Apache in the Western Desert, which also included a USD 30 mn bonus to drill seven wells in the area.<\/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=\"627162\" 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=\"627162\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/egypt-to-begin-exporting-tomatoes-grape-seeds-to-canada-morocco\/\">\r\n                            Egypt to begin exporting tomatoes, grape seeds to Canada, Morocco                        <\/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\/24\/egypt-to-begin-exporting-tomatoes-grape-seeds-to-canada-morocco\/\" 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\/24\/egypt-to-begin-exporting-tomatoes-grape-seeds-to-canada-morocco\/')\">\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\/24\/egypt-to-begin-exporting-tomatoes-grape-seeds-to-canada-morocco\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt to begin exporting tomatoes, grape seeds to Canada, Morocco&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/egypt-to-begin-exporting-tomatoes-grape-seeds-to-canada-morocco\/\">\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\/24\/egypt-to-begin-exporting-tomatoes-grape-seeds-to-canada-morocco\/&title=Egypt to begin exporting tomatoes, grape seeds to Canada, Morocco\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+to+begin+exporting+tomatoes%2C+grape+seeds+to+Canada%2C+Morocco+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F24%2Fegypt-to-begin-exporting-tomatoes-grape-seeds-to-canada-morocco%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\/24\/egypt-to-begin-exporting-tomatoes-grape-seeds-to-canada-morocco\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627162\" class=\"content-area-description single-story post-627162 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.a17e70cb-4bee-4ab5-a21d-f7fd54f9055c.mp3\"><\/audio><\/figure>\n<p>Egypt will begin exporting tomatoes to Canada and grape seeds to Morocco for the first time, Agriculture Minister Ezzedin Abu Steit said, <a href=\"http:\/\/almalnews.com\/Story\/383660\/14\/--%D8%A7%D9%84%D8%B2%D8%B1%D8%A7%D8%B9%D8%A9-%D9%84%D9%84%D9%85%D8%B1%D8%A9-%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89---%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1-%D8%B4%D8%AA%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D9%86%D8%A8-%D9%84%D9%84%D9%85%D8%BA%D8%B1%D8%A8-%D9%88%D8%A7%D9%84%D8%B7%D9%85%D8%A7%D8%B7%D9%85-%D9%84%D9%83%D9%86%D8%AF%D8%A7\">Al Mal reports<\/a>. Egypt is taking the final administrative procedures to begin exporting these products, Agricultural Quarantine Authority head Ahmed El Attar said, without disclosing when the exports are expected to begin.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627163\" 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=\"627163\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/\">\r\n                            Emaar Misr withdraws from developing 410 feddans in Sheikh Zayed over high prices                        <\/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\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/\" 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\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/')\">\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\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/\">\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=Emaar Misr withdraws from developing 410 feddans in Sheikh Zayed over high prices&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/\">\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\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/&title=Emaar Misr withdraws from developing 410 feddans in Sheikh Zayed over high prices\">\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=Emaar+Misr+withdraws+from+developing+410+feddans+in+Sheikh+Zayed+over+high+prices+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F24%2Femaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices%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\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627163\" class=\"content-area-description single-story post-627163 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.56c05087-976e-4238-88e8-0c6da77ec70a.mp3\"><\/audio><\/figure>\n<p>Emaar Misr has decided to withdraw from developing two areas in Sheikh Zayed and the Sheikh Zayed extension over high land prices, an unnamed company official <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=22072018&id=edae9459-e26b-42ff-bbc9-80db919ea74b\">tells Al Shorouk<\/a>. Emaar <a href=\"https:\/\/enterprise.press\/stories\/2016\/12\/01\/sodic-looking-to-develop-410-feddans-in-sheikh-zayed-under-second-phase-of-ppp-with-nuca\/\">had submitted a bid to develop<\/a> a 410-feddan land plot in Sheikh Zayed at a cost of EGP 4,750 per sqm and another bid to develop 1,000 feddans in the suburb\u2019s extension at EGP 2,006 per sqm. The developments were tendered under phase two of the New Urban Communities Authority\u2019s (NUCA) public-private partnership program. Emaar is still in talks to develop 1,500 feddans in the new capital, according to the company source.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627164\" 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=\"627164\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/transport-ministry-to-issue-conditions-for-purchase-of-100-locomotives-next-year\/\">\r\n                            Transport Ministry to issue conditions for purchase of 100 locomotives next year                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/transport-ministry-to-issue-conditions-for-purchase-of-100-locomotives-next-year\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/transport-ministry-to-issue-conditions-for-purchase-of-100-locomotives-next-year\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/transport-ministry-to-issue-conditions-for-purchase-of-100-locomotives-next-year\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Transport Ministry to issue conditions for purchase of 100 locomotives next year&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/transport-ministry-to-issue-conditions-for-purchase-of-100-locomotives-next-year\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/transport-ministry-to-issue-conditions-for-purchase-of-100-locomotives-next-year\/&title=Transport Ministry to issue conditions for purchase of 100 locomotives next year\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Transport+Ministry+to+issue+conditions+for+purchase+of+100+locomotives+next+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F24%2Ftransport-ministry-to-issue-conditions-for-purchase-of-100-locomotives-next-year%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/transport-ministry-to-issue-conditions-for-purchase-of-100-locomotives-next-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627164\" class=\"content-area-description single-story post-627164 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.1a8e1dfb-d882-4721-afde-8302905071d9.mp3\"><\/audio><\/figure>\n<p>The Transport Ministry will likely issue the terms and conditions for an international tender to supply 100 new locomotives by the beginning of 2019, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=22072018&id=10b27bf7-9dbc-4c43-afd0-92492562f852\">Al Shorouk reports<\/a>. The ministry has contracted an international consulting firm to prepare the conditions, which will be financed through a EUR 290 mn loan from the European Investment Bank.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627165\" 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=\"627165\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/independent-financial-advisor-puts-qalaa-holdings-fair-value-at-egp-6-34-per-share\/\">\r\n                            Independent financial advisor puts Qalaa Holdings fair value at EGP 6.34 per share                        <\/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\/24\/independent-financial-advisor-puts-qalaa-holdings-fair-value-at-egp-6-34-per-share\/\" 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\/24\/independent-financial-advisor-puts-qalaa-holdings-fair-value-at-egp-6-34-per-share\/')\">\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\/24\/independent-financial-advisor-puts-qalaa-holdings-fair-value-at-egp-6-34-per-share\/\">\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=Independent financial advisor puts Qalaa Holdings fair value at EGP 6.34 per share&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/independent-financial-advisor-puts-qalaa-holdings-fair-value-at-egp-6-34-per-share\/\">\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\/24\/independent-financial-advisor-puts-qalaa-holdings-fair-value-at-egp-6-34-per-share\/&title=Independent financial advisor puts Qalaa Holdings fair value at EGP 6.34 per share\">\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=Independent+financial+advisor+puts+Qalaa+Holdings+fair+value+at+EGP+6.34+per+share+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F24%2Findependent-financial-advisor-puts-qalaa-holdings-fair-value-at-egp-6-34-per-share%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\/24\/independent-financial-advisor-puts-qalaa-holdings-fair-value-at-egp-6-34-per-share\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627165\" class=\"content-area-description single-story post-627165 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.f28078bf-77f1-4aba-985f-13bf80efc46c.mp3\"><\/audio><\/figure>\n<p>Qalaa Holdings shares are valued at EGP 6.34 per share, according to a fair value report conducted by independent financial adviser RSM Egypt, the company said <a href=\"https:\/\/ent.news\/2018\/7\/1169.pdf\">in a statement on Thursday (pdf)<\/a>. The FV report came at the behest of the Financial Regulatory Authority.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627166\" 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=\"627166\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/leader-of-terrorist-group-wilayet-sinai-announced-dead\/\">\r\n                            Leader of terrorist group Wilayet Sinai announced dead                        <\/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\/24\/leader-of-terrorist-group-wilayet-sinai-announced-dead\/\" 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\/24\/leader-of-terrorist-group-wilayet-sinai-announced-dead\/')\">\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\/24\/leader-of-terrorist-group-wilayet-sinai-announced-dead\/\">\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=Leader of terrorist group Wilayet Sinai announced dead&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/leader-of-terrorist-group-wilayet-sinai-announced-dead\/\">\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\/24\/leader-of-terrorist-group-wilayet-sinai-announced-dead\/&title=Leader of terrorist group Wilayet Sinai announced dead\">\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=Leader+of+terrorist+group+Wilayet+Sinai+announced+dead+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F24%2Fleader-of-terrorist-group-wilayet-sinai-announced-dead%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\/24\/leader-of-terrorist-group-wilayet-sinai-announced-dead\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627166\" class=\"content-area-description single-story post-627166 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.c30d956b-b8ea-481b-a550-82efdf8aa4b2.mp3\"><\/audio><\/figure>\n<p>A leader of the Egypt-based Daesh offshoot Wilayet Sinai was killed, the terrorist group announced without providing details on when or how he died, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N1UI0QO\">Reuters reports<\/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\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627167\" 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=\"627167\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/rowan-elaraby-mostafa-asal-win-wsf-world-junior-squash-championships\/\">\r\n                            Rowan Elaraby, Mostafa Asal win WSF World Junior Squash Championships                        <\/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\/24\/rowan-elaraby-mostafa-asal-win-wsf-world-junior-squash-championships\/\" 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\/24\/rowan-elaraby-mostafa-asal-win-wsf-world-junior-squash-championships\/')\">\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\/24\/rowan-elaraby-mostafa-asal-win-wsf-world-junior-squash-championships\/\">\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=Rowan Elaraby, Mostafa Asal win WSF World Junior Squash 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href=\"https:\/\/api.whatsapp.com\/send?text=Rowan+Elaraby%2C+Mostafa+Asal+win+WSF+World+Junior+Squash+Championships+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F24%2Frowan-elaraby-mostafa-asal-win-wsf-world-junior-squash-championships%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\/24\/rowan-elaraby-mostafa-asal-win-wsf-world-junior-squash-championships\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1593.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"627168\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/rowan-elaraby-mostafa-asal-win-wsf-world-junior-squash-championships\/1593-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1593.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1593.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1593.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1593.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627167\" class=\"content-area-description single-story post-627167 post type-post status-publish format-standard has-post-thumbnail hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.07e460a0-5223-4558-8b8a-832951c49b8d.mp3\"><\/audio><\/figure>\n<p>Egyptian squash champions Rowan Elaraby and Mostafa Asal won the women\u2019s and men\u2019s WSF World Junior Squash Championships in Chennai, India yesterday after an all-Egyptian final round, <a href=\"https:\/\/www.wsfworldjuniors.com\/18-day-six\/\">according to a statement<\/a>. Elaraby beat compatriot Hania El Hammamy 3-1, while Asal defeated defending champion Marwan Tarek 3-0.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627170\" 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=\"627170\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/egyptian-team-announced-as-finalist-at-microsoft-imagine-cup\/\">\r\n                            Egyptian team announced as finalist at Microsoft Imagine Cup                        <\/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\/24\/egyptian-team-announced-as-finalist-at-microsoft-imagine-cup\/\" 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\/24\/egyptian-team-announced-as-finalist-at-microsoft-imagine-cup\/')\">\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\/24\/egyptian-team-announced-as-finalist-at-microsoft-imagine-cup\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian team announced as finalist at Microsoft Imagine Cup&url=https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/egyptian-team-announced-as-finalist-at-microsoft-imagine-cup\/\">\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\/24\/egyptian-team-announced-as-finalist-at-microsoft-imagine-cup\/&title=Egyptian team announced as finalist at Microsoft Imagine Cup\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+team+announced+as+finalist+at+Microsoft+Imagine+Cup+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F07%2F24%2Fegyptian-team-announced-as-finalist-at-microsoft-imagine-cup%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\/24\/egyptian-team-announced-as-finalist-at-microsoft-imagine-cup\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/851.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"627171\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/egyptian-team-announced-as-finalist-at-microsoft-imagine-cup\/851-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/851.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"851.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/851.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/851.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627170\" class=\"content-area-description single-story post-627170 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.bdddb07f-f891-4f24-a786-f7785d885f3c.mp3\"><\/audio><\/figure>\n<p><strong>A group of Cairo University students have made it to the final round of Microsoft\u2019s <\/strong><a href=\"https:\/\/compete.imagine.microsoft.com\/en-us\/Events?id=0\"><strong>Imagine Cup<\/strong><\/a><strong> with their app for lifeguards,<\/strong> <a href=\"http:\/\/disrupt-africa.com\/2018\/07\/egyptian-team-wins-place-at-microsoft-imagine-cup-final\/\">according to Disrupt Africa<\/a>. The team, one of 7,000 chosen from across the Middle East and Africa, will be in Seattle this week to compete for the USD 100k cash prize and showcase their Beach Safer app, which \u201cprovides real-time monitoring and supervision of swimmers, allowing for quick, accurate drowning detection and immediate rescue.\u201d<\/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=\"627172\" 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=\"627172\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/627172\/\">\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\/24\/627172\/\" 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\/24\/627172\/')\">\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\/24\/627172\/\">\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\/24\/627172\/\">\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\/24\/627172\/&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%2F24%2F627172%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\/24\/627172\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627172\" class=\"content-area-description single-story post-627172 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 17.85 | Sell 17.95<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.85 | Sell 17.95<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.78 | Sell 17.88<\/p>\n<p><strong>EGX30<\/strong> (Sunday): 15,304 (-0.7%)<br \/>\n <strong>Turnover:<\/strong> EGP 383 mn (59% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +1.9%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 ended Sunday\u2019s session down 0.7%. CIB, the index heaviest constituent ended down 0.2%. EGX30\u2019s top performing constituents were Emaar Misr up 2.0%, Heliopolis Housing up 1.9%, and ACC up 1.3%. Sunday\u2019s worst performing stocks were Qalaa Holdings down 4.8%, Amer Group down 3.5%, and Egyptian Iron & Steel down 3.1%. The market turnover was EGP 383 mn, and regional investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +11.4 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -15.5 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +4.1 mn<\/p>\n<p><strong>Retail<\/strong>: 77.3% of total trades | 82.1% of buyers | 72.6% of sellers<br \/>\n <strong>Institutions<\/strong>: 22.7% of total trades | 17.9% of buyers | 27.4% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 4.1% of total | 5.6% of buyers | 2.6% of sellers<br \/>\n <strong>Regional:<\/strong> 6.2% of total | 4.2% of buyers | 8.2% of sellers<br \/>\n <strong>Domestic:<\/strong> 89.7% of total | 90.2% of buyers | 89.1% of sellers<\/p>\n<hr class=\"grey-line\">\n<p><span style=\"color: #299a0b; font-weight: bold;\">***<br \/>\nPHAROS VIEW<\/span><\/p>\n<\/p>\n<p><strong>Rise in Pharos FCI in June reflects tightening monetary policy:<\/strong> The Pharos Financial Conditions Index (FCI) rose in June, driven by the slower acceleration in the real broad money supply, which increased by only 2.4% y-o-y when factoring inflation. M2 money supply rose 17.12% y-o-y without the inflation input. The FCI drop was also driven by an appreciation of the real effective exchange rate for the EGP\u200b in June to 79.19 from 77.54 in May. The slope of the yield curve flattened to 3.13% in June from 3.18% in May, indicating more tight conditions in the short term. <a href=\"https:\/\/ent.news\/2018\/7\/1436.pdf\">You can read the full report here (pdf)<\/a>.<\/p>\n<p><p><span style=\"color: #299a0b; font-weight: bold;\">***<\/span><\/p>\n<hr class=\"grey-line\">\n<p><strong>WTI:<\/strong> USD 62.72 (-0.25%)<br \/>\n <strong>Brent:<\/strong> USD 72.84 (-0.30%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.71 MMBtu, (-0.33%, August 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,222.70 \/ troy ounce (-0.24%)<\/p>\n<p><strong>TASI:<\/strong> 8,448.48 (-0.21%) (YTD: +16.91%)<br \/>\n <strong>ADX:<\/strong> 4,760.95 (-0.21%) (YTD: +8.24%)<br \/>\n <strong>DFM:<\/strong> 2,932.04 (+0.37%) (YTD: -13.00%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,360.82 (+0.47%)<br \/>\n <strong>QE:<\/strong> 9,435.29 (+0.78%) (YTD: +10.70%)<br \/>\n <strong>MSM:<\/strong> 4,433.06 (-0.34%) (YTD: -13.06%)<br \/>\n <strong>BB: <\/strong>1,357.15 (+0.37%) (YTD: +1.91%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"627173\" 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\/24\/627173\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-627173\" class=\"content-area-description single-story post-627173 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>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>30 July (Monday): Finance Minister Mohamed Maait <a href=\"https:\/\/www.amcham.org.eg\/login\/login.asp?ReturnUrl=%2Fcyberlink%2Fevents%2Fregister%2F1154%2F\">will address the American Chambers of Commerce<\/a> on Egypt\u2019s financial reform agenda.<\/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>18 September (Tuesday): Cairo Economic Court to issue ruling on EGP 5.6 bn antitrust case against pharma companies including Ibnsina.<\/p>\n<p>20-23 September (Thursday-Sunday): 2018 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo.<\/p>\n<p>22 September (Saturday): New academic year begins for public schools, universities.<\/p>\n<p>24-25 September (Monday-Tuesday): <a href=\"http:\/\/www.arqaamconference.com\/\">Arqaam Capital MENA Investors Conference 2018<\/a>, Four Seasons Resorts, Dubai.<\/p>\n<p>24-25 September (Monday-Tuesday): <a href=\"https:\/\/egyptwaterdesalination.iqpc.com\/\">Egypt Water Desalination Forum<\/a>, venue TBD.<\/p>\n<p>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":627136,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-627135","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"4bf25931-ef43-486b-accf-4e7ae03c301c","teaser":"","photo_url":"https:\/\/ent.news\/2016\/7\/1050.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>Privatization program to kick off in October - 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\/privatization-program-to-kick-off-in-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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