{"id":628175,"date":"2018-06-27T04:15:30","date_gmt":"2018-06-27T04:15:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=628175"},"modified":"2025-12-17T10:11:20","modified_gmt":"2025-12-17T10:11:20","slug":"a-field-3x-the-size-of-zohr","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/a-field-3x-the-size-of-zohr\/","title":{"rendered":"A field 3x the size of Zohr?"},"content":{"rendered":"<section id=\"628177\" 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=\"628177\">\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\/06\/27\/what-were-tracking-on-27-june-2018\/\">\r\n                            What we\u2019re tracking on 27 June 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\/06\/27\/what-were-tracking-on-27-june-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\/06\/27\/what-were-tracking-on-27-june-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\/06\/27\/what-were-tracking-on-27-june-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 27 June 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/what-were-tracking-on-27-june-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\/06\/27\/what-were-tracking-on-27-june-2018\/&title=What we\u2019re tracking on 27 June 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+27+June+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fwhat-were-tracking-on-27-june-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\/06\/27\/what-were-tracking-on-27-june-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628177\" class=\"content-area-description single-story post-628177 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><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>We had lunch yesterday with some of the most plugged-in people we know. <\/strong>All are \u2018household names\u2019 in our community, and we threw in a couple of distinguished foreign guests for good measure. We\u2019re still mulling the discussion, but a handful of random observations stick out in our minds this morning. We\u2019d like to share them with you:<\/p><p><strong>We\u2019re not alone: <\/strong>One of our foreign guests is a guy who takes a fairly broad view of EM from his base in London. The other is a native Brit. They spoke at length about the need to phase-out subsidies, to fix crumbling infrastructure, to bring down high interest rates, redress the mismatch between what universities are graduating and the needs of the labor force \u2014 et cetera, et cetera, ad nauseum. They weren\u2019t speaking of Egypt, but of the UK in the late 1970s and early 1980s.<\/p><p><strong>We, as a nation and as a community of people doing business and investing here, too often lose the plot: <\/strong>We\u2019re dealing with problems that others have tackled before, and we\u2019re doing it with an overlay of national trauma from the events of 2011-2013. We\u2019re doing the right things, but things haven\u2019t gotten better overnight <i>because they don\u2019t get better overnight. <\/i>Our guests were captains of industry and finance, and all agreed that however much they\u2019re complaining about short-term challenges, (a) they\u2019re optimistic in the long term, because we\u2019re generally heading in the right direction and (b) we\u2019re basically building the right infrastructure we need to continue growing the economy.<\/p><p>Unverified fact that would have made our hair stand on edge had we had hair: <strong>The cost of land is one of the biggest obstacles not just for developers, but for industry.<\/strong> The cost of land for an industrial project in the US can run as low as USD 10 a square meter (or just under EGP 180 \/ sqm). Here, the comparable figure is EGP 2k \/ sqm. Say you need 50k sqm as the base plot for a new plant or an expansion \u2014 that\u2019s EGP 100 mn for the land, with no utilities at all, right out of the box.<\/p><p><strong>The real fun starts toward the end of 2019, and the story is about \u201cC&amp;C\u201d\u2014 consumers and capacity utilization. <\/strong>That\u2019s around the time we should see wages catch up with the inflation of the past two years, unlocking the power of the 30% of our fellow citizens who account for 70% of consumer spending. That will help corporates start to make better use of their capacities, and as utilization gets closer to the magical 90% mark, they\u2019ll start borrowing for capex \u2014 provided interest rates continue to come down. Keep in mind here the size of the opportunity: We\u2019re talking about capex demand that\u2019s been bottled up since the end of 2010. At the same time, exports will likely have reached their first tipping point, and our ambitions as a regional energy export hub will be bearing fruit (all of us are underplaying the impact of the energy self-sufficiency story).<\/p><p><strong>The meltdown of Abraaj has set the region\u2019s private equity industry back years<\/strong>, our guests agreed. The once high-flying EM private equity outfit built a brilliant distribution network, and the allocators in that net now feel burned on the asset class in this region. Some smart firms will craft a story that stands out, that breaks through the veil of suspicion that\u2019s now descending on us \u2014 we\u2019re hoping some of our readers are among them. (You know who you are, folks.)<\/p><p>We are a nation without a consistent, coherent, long-term tourism strategy: <strong>The chu-chu train at the Magic Kingdom <\/strong>(itself a mere fraction of Disney World) <strong>gets 50% as many tourists as all of Egypt<\/strong>, or about 3.7 mn passengers a year. As one of our favourite people noted: \u201cA 2.5 km road encircles this place. Even you could jog around it in 15 minutes.\u201d<\/p><p>More in this vein soon, but before we close: <strong>two pieces with relevance to our \u201cEgypt as the region\u2019s energy hub\u201d thesis:<\/strong> Israel is about to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-06-25\/israel-to-ease-drilling-curbs-to-entice-majors-to-next-auction\">ease drilling curbs<\/a> to entice global majors into its next auction of offshore exploration licenses, spurred by its USD 15 bn export agreement with Egypt. At the same time, the Electricity Ministry has reportedly received a study that is among the keys to our bid to directly <a href=\"http:\/\/www.egyptindependent.com\/egypt-receives-study-electricity-interconnector-europe\/\">link our electricity grid with Europe\u2019s<\/a>.<\/p><p><strong>And there\u2019s lots more gas in the pipeline (pardon the pun)?<\/strong> That\u2019s the insinuation coming out of the Oil Ministry \u2014 we have more in Speed Round, below.<\/p><p><strong>Wall Street stocks rebounded slightly yesterday after witnessing their worst drop in over two months on Monday<\/strong>, <a href=\"https:\/\/www.ft.com\/content\/9c0ac12e-78e3-11e8-8e67-1e1a0846c475\">the Financial Times reports<\/a>. The S&amp;P 500 gained 0.2% while Nasdaq rose 0.4%, thanks largely to a rebound in tech and energy stocks. Here at home, the EGX30 was down 1.6%. Global markets had tanked the day before in response to the escalating tension between the US and China which could herald a full-on trade war.<\/p><p><strong>Tomorrow is MPC day:<\/strong> The central bank\u2019s Monetary Policy Committee meets tomorrow to review interest rates. The consensus among analysts is that the central bank will leave rates on hold to help contain the shock of recent subsidy cuts. The prevailing wisdom is that inflation for June will come in at around 4%.<\/p>\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=\"628180\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center 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decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-sjup98a\" data-v=\"4\" data-block-id=\"sjup98a\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-sjup98a-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-sjup98a-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" 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           What we\u2019re tracking this week                        <\/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\/06\/27\/what-were-tracking-this-week-14\/\" 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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            \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/what-were-tracking-this-week-14\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628181\" class=\"content-area-description single-story post-628181 post type-post status-publish format-standard hentry category-what-were-tracking-this-week tag-enterpriseam tag-what-were-tracking-this-week wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>GAFI to break ground on Nuweiba freezone this Saturday:<\/strong> The General Authority for Freezones and Investment (GAFI) expects to break ground on the Nuweiba freezone on Saturday, Red Sea Ports Authority spokesman <a href=\"https:\/\/alborsanews.com\/2018\/06\/26\/1112197\">Malaak Youssef said<\/a>. The 1 mn sqm zone is expected to see as much as USD 40 mn in infrastructure-related investment, South Sinai Governor Khaled Fouda <a href=\"http:\/\/www.ahram.org.eg\/News\/202603\/25\/644475\/%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89\/%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%81%D8%B1%D9%88%D8%B9-%D9%84%D9%84%D8%AC%D8%A7%D9%85%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%A3%D8%AC%D9%86%D8%A8%D9%8A%D8%A9-%D8%A8%D8%A7%D9%84%D8%B9%D8%A7%D8%B5%D9%85%D8%A9-%D8%A7%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D9%8A%D8%A9---%D9%85%D9%86.aspx\">had previously said<\/a>.<\/p>\n<p><strong>The Finance Ministry will present the House with a report this week on the government\u2019s \u2018private accounts\u2019 <\/strong>(or slush funds, as we prefer to see them).<\/p>\n<p><strong>A shuffle of governors <\/strong>could be announced by the end of this week<\/p>\n<p><strong>Next tranche of IMF loan in July?<\/strong> The IMF\u2019s executive board <a href=\"http:\/\/www.imf.org\/external\/NP\/SEC\/bc\/eng\/Index.aspx\">will meet on 29 June<\/a> to decide on the fourth USD 2 bn tranche of Egypt\u2019s USD 12 bn extended fund facility.<\/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-this-week\/\">What We\u2019re Tracking This Week<\/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=\"628182\" 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=\"628182\">\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\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/world-cup-continues-to-dominate-the-debate-on-the-airwaves\/\">\r\n                            World Cup continues to dominate the debate on the airwaves                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/world-cup-continues-to-dominate-the-debate-on-the-airwaves\/\" 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\/06\/27\/world-cup-continues-to-dominate-the-debate-on-the-airwaves\/')\">\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\/06\/27\/world-cup-continues-to-dominate-the-debate-on-the-airwaves\/\">\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=World Cup continues to dominate the debate on the airwaves&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/world-cup-continues-to-dominate-the-debate-on-the-airwaves\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/world-cup-continues-to-dominate-the-debate-on-the-airwaves\/&title=World Cup continues to dominate the debate on the airwaves\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=World+Cup+continues+to+dominate+the+debate+on+the+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fworld-cup-continues-to-dominate-the-debate-on-the-airwaves%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/world-cup-continues-to-dominate-the-debate-on-the-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628182\" class=\"content-area-description single-story post-628182 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>The national football team\u2019s return from Russia opened up a fresh can of worms last night, <\/strong>with various constituents of the football community making calls and appearances on the airwaves to place blame, largely on the Egyptian Football Association (EFA), and apparently for over-inflating expectations.<\/p>\n<p><strong>The EFA was less concerned with preparing the team and more concerned with the rewards that come with being in the World Cup,<\/strong> sports critic Sherif Abdel Kader told Riham Ibrahim on Hona Al Asema. He accused the EFA of overselling the national team and tricking people into believing they had a fighting chance (<a href=\"https:\/\/www.youtube.com\/watch?v=LMqs-cRwmX8\">watch, runtime: 27:37<\/a>).<\/p>\n<p>Give us a break: <strong>A parliamentary fact-finding committee will launch an investigation into the team\u2019s performance <\/strong>to figure out exactly where they went wrong and who to blame, House Sports Committee member Farag Amer told Riham Ibrahim on Hona Al Asema. The EFA could face sanctions if the investigation point to graft or corruption, but poor performance is not enough to merit legal action, Amer said (<a href=\"https:\/\/www.youtube.com\/watch?v=6EufxVIeoMk\">watch, runtime: 6:23<\/a>). Yahduth fi Misr\u2019s Sherif Amer was also on the case (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/607923382919305\/\">watch, runtime: 2:49<\/a>).<\/p>\n<p><strong>The Sports Ministry would decide what measures to take, if any,<\/strong> spokesperson Mohamed Fawzy said, however, adding that the EFA is required to provide the ministry with a detailed report on the events of the World Cup (<a href=\"https:\/\/www.youtube.com\/watch?v=4OkHBZDrED4\">watch, runtime: 3:16<\/a>).<\/p>\n<p>Meanwhile, <strong>Al Hayah fi Misr\u2019s Nahawand criticized football fans for insulting the national team on social media<\/strong> after their 2-1 loss against Saudi, (<a href=\"https:\/\/www.youtube.com\/watch?v=0nz_XYt8yZc\">watch, runtime: 3:24<\/a>).<\/p>\n<p><strong>Investigation at the 57357 children\u2019s cancer hospital?<\/strong> The institution is currently the subject of an investigation into so-far thin allegations that donated funds may have been misappropriated, according to Hona Al Asema\u2019s Ibrahim. A government committee is currently investigating the claim and should report on its findings in two weeks\u2019 time, said Social Solidarity Ministry spokesperson Mohamed El Okaby (<a href=\"https:\/\/www.youtube.com\/watch?v=stECVj0geFQ\">watch, runtime: 7:36<\/a>). Masaa DMC\u2019s Osama Kamal appeared dismissive of the allegations, which were levelled by a House representative, claiming there is no hard evidence behind them (<a href=\"https:\/\/www.youtube.com\/watch?v=sT2FyXSabzg\">watch, runtime: 4:13<\/a>).<\/p>\n<p><strong>Keeping prices in check after the recent fuel price hikes may prove difficult. <\/strong>While the government is trying to keep a close eye on the market to make sure that wholesalers and retailers aren\u2019t price gouging, it\u2019s a monumental undertaking, according to DMC\u2019s Kamal, who pointed out that market inspectors themselves need to be monitored closely (<a href=\"https:\/\/www.youtube.com\/watch?v=wggXYeZIldA\">watch, runtime: 6:35<\/a>).<\/p>\n<p>Also on last night\u2019s talk shows:<\/p>\n<ul>\n<li><strong>A fund dedicated to the development of slum areas<\/strong> has expended over EGP 17 bn in financing since 2016, manager Khaled Seddik told Ibrahim on Hona Al Asema (<a href=\"https:\/\/www.youtube.com\/watch?v=S6TkKcFj5oA\">watch, runtime: 23:07<\/a>). <\/li>\n<li>Al Hayah fi Misr interviewed what it says is <strong>Egypt\u2019s first Ironman Triathlon winner<\/strong>, 50-something Amany Helmy (<a href=\"https:\/\/www.youtube.com\/watch?v=1_bLboEVdco\">watch, runtime: 20:15<\/a>). <\/li>\n<li><strong>Young inventors<\/strong> Bassem Fayez and Mahmoud Al Malki showcased their \u201cfighter robot\u201d and portable air conditioner on Al Hayah fi Misr (<a href=\"https:\/\/www.youtube.com\/watch?v=Ic6B1xc_nSM\">watch, runtime: 26:56<\/a>). <\/li>\n<\/ul>\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=\"628183\" 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=\"628183\">\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\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/is-eni-about-to-announce-a-natural-gas-discovery-3x-the-size-of-zohr\/\">\r\n                            Is Eni about to announce a natural gas discovery 3x the size of Zohr?                        <\/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\/06\/27\/is-eni-about-to-announce-a-natural-gas-discovery-3x-the-size-of-zohr\/\" 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\/06\/27\/is-eni-about-to-announce-a-natural-gas-discovery-3x-the-size-of-zohr\/')\">\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\/06\/27\/is-eni-about-to-announce-a-natural-gas-discovery-3x-the-size-of-zohr\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Is Eni about to announce a natural gas discovery 3x the size of Zohr?&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/is-eni-about-to-announce-a-natural-gas-discovery-3x-the-size-of-zohr\/\">\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\/06\/27\/is-eni-about-to-announce-a-natural-gas-discovery-3x-the-size-of-zohr\/&title=Is Eni about to announce a natural gas discovery 3x the size of Zohr?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Is+Eni+about+to+announce+a+natural+gas+discovery+3x+the+size+of+Zohr%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fis-eni-about-to-announce-a-natural-gas-discovery-3x-the-size-of-zohr%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\/06\/27\/is-eni-about-to-announce-a-natural-gas-discovery-3x-the-size-of-zohr\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628183\" class=\"content-area-description single-story post-628183 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Is Eni about to announce a natural gas discovery 3x the size of Zohr? <\/strong>Italy\u2019s Eni could unlock as much as 90 tcf of natural gas reserves from the Noor field in the offshore North Sinai Shorouk concession, <a href=\"http:\/\/www.arabnews.com\/node\/1328696\/business-economy\">Gulf-based Arab News<\/a> writes, citing a combination of ministry sources and recent remarks by former oil minister Osama Kamal. <strong>That would make it about 3x the size of the supergiant Zohr gas field, if true. <\/strong>(The key is paragraph four, so make sure you scroll down if you\u2019re hitting up the link.) Kamal said in a televised interview her expects the government to announce new gas discoveries in the East Mediterranean in just a \u201cfew days\u201d (<a href=\"https:\/\/www.youtube.com\/watch?v=Y_oxz49y-Ec\">watch, runtime: 20:21<\/a>).<\/p>\n<p><strong>Background: <\/strong>The Cabinet had <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/24\/tharwa-petroleum-readies-to-drill-in-north-sinais-noor-concession\/\">approved last month<\/a> a USD 105 mn exploration campaign in the Mediterranean off the coast of North Sinai by Eni and Tharwa. Reports <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/24\/did-eni-pledge-usd-3-bn-in-investments-in-egypt-plus-we-could-be-exporting-natural-gas-by-years-end-early-2019\/\">last week<\/a> said that Eni was planning to invest as much as USD 3 bn in Egypt in the coming period as production ramps up at the Zohr and Nooros fields. Eni and Tharwa Petroleum are planning to begin drilling their first exploratory well in the Noor gas field before the end of August after obtaining final permits, an Oil Ministry <a href=\"https:\/\/www.youm7.com\/story\/2018\/6\/26\/%D9%85%D8%B5%D8%AF%D8%B1-%D8%A8%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%84-%D8%A8%D8%AF%D8%A1-%D8%A7%D9%84%D8%AD%D9%81%D8%B1-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D9%83%D8%B4%D8%A7%D9%81%D9%89-%D9%84%D8%AD%D9%82%D9%84-%D8%A7%D9%84%D9%86%D9%88%D8%B1-%D8%A3%D8%BA%D8%B3%D8%B7%D8%B3-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\/3849368\">source tells Youm7<\/a>. Eni, which holds an 85% stake in the concession, is expecting to complete seismic studies of the area in a few weeks\u2019 time. Egypt has just about achieved natural gas sufficiency and has plans to begin exports by 4Q2018 or 1Q2019.<\/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\/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=\"628191\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628192\" 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=\"628192\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/egypt-in-the-news-on-27-june-2018\/\">\r\n                            Egypt in the News on 27 June 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\/06\/27\/egypt-in-the-news-on-27-june-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\/06\/27\/egypt-in-the-news-on-27-june-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\/06\/27\/egypt-in-the-news-on-27-june-2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the News on 27 June 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/egypt-in-the-news-on-27-june-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\/06\/27\/egypt-in-the-news-on-27-june-2018\/&title=Egypt in the News on 27 June 2018\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+27+June+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fegypt-in-the-news-on-27-june-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\/06\/27\/egypt-in-the-news-on-27-june-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628192\" class=\"content-area-description single-story post-628192 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt part way with Cuper<\/strong>. News on the Pharaoh's national football team is still topping coverage of Egypt this morning <a href=\"https:\/\/www.kingfut.com\/2018\/06\/26\/egyptian-national-team-arrive-cairo\/\">as they land in Cairo<\/a> following their three defeats. It\u2019s official, Egypt\u2019s coach Hector Cuper\u2019s contract will not be renewed, the Egyptian Football Association (EFA) <a href=\"https:\/\/twitter.com\/Pharaohs\/status\/1011694213724016647\">announced yesterday<\/a>, adding that they will be holding a <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1302968\">presser today<\/a> at EFA headquarters to respond to questions regarding Egypt\u2019s World Cup participation. Talks were reportedly initiated with Moroccan coach Herve Renard for the position after his encouraging World Cup performance, <a href=\"http:\/\/global.espn.com\/football\/morocco\/story\/3544902\/herve-renard-egypt-algeria-eye-morocco-coach-refuses-to-rule-out-exit-world-cup\">ESPN reports<\/a> . Mahmoud Hassan (a.k.a Trezeguet) also made headlines as Premier League newcomers Wolverhampton Wanderers <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/06\/everton-leicester-burnley-eyeing-egyptian-forward-trezeguet\/\">entered the race<\/a> for his signature, offering him \u00a320,000 a week.<\/p>\n<p><strong>FIFA \u201cintends to clarify\u201d why Mo Salah was absent from Egypt\u2019s post-match press conference after its 2-0 loss to Saudi Arabia on Monday<\/strong>, <a href=\"https:\/\/www.rt.com\/sport\/430899-salah-press-conference-world-cup-fifa\/\">according to RT<\/a>. Salah, who was expected to attend the conference to receive the Man of the Match award, reportedly cited health issues for his absence.<\/p>\n<p><strong>It\u2019s amateur hour at Bloomberg. (Or: Oh, stuff it, Timothy):<\/strong> It\u2019s not just our domestic press (or the talkshow set) that\u2019s full of nutters: The western press has its share, too. To wit: The U.S. Supreme Court upheld yesterday Donald Trump\u2019s travel ban on citizens of Iran, Libya, Somalia, Syria and Yemen \u201chanding him one of the biggest victories of his presidency,\u201d <a href=\"https:\/\/www.reuters.com\/article\/us-usa-court-immigration\/u-s-top-court-backs-trump-on-travel-ban-targeting-muslim-majority-nations-idUSKBN1JM1U9\">Reuters reports<\/a>. Egypt, Saudi Arabia, Turkey and the UAE were not included in the ban even though they\u2019re \u201cfrom the same region,\u201d as <a href=\"https:\/\/www.bloomberg.com\/view\/articles\/2018-06-26\/trump-travel-ban-doesn-t-cover-saudi-arabia-or-the-u-a-e\">Bloomberg\u2019s Timothy L. O\u2019Brien oh so astutely points out.<\/a>Why? Because these countries \u201cdo business with Trump. \u2026 If the president was as dedicated to national security as he suggests, it would be logical for his list of banned countries to look a little different.\u201d<\/p>\n<p><strong>Gov\u2019t holds high hopes for e-visas: <\/strong>The government is expecting the already improving fortunes of the tourism industry to take a turn for the better following the implementation of an e-visa system, <a href=\"https:\/\/www.ttgmedia.com\/news\/egypt-aiming-for-seamless-travel-with-new-e-visa-system-14601\">according to travel magazine TTG<\/a>. \u201cWe want travel to Egypt to be as seamless as possible and in the digital age, this new e-visa system is an important step towards simplifying the process,\u201d said the UK and Ireland director at the Tourism Promotion Authority Amr El Ezaby. \u201cLatest tourism figures have shown a significant rise in arrivals and we hope that this trend continues as more people are encouraged to visit our diverse nation,\u201d he added.<\/p>\n<p><strong>The US should be more wary of Cairo and Moscow\u2019s warming ties. <\/strong>Stronger relations between Egypt and Russia recently are often dismissed by US policymakers as \u201cmere posturing, an attempt to get a better [agreement] out of the US but nothing more,\u201d Washington Institute fellow Anna Borshchevskaya <a href=\"https:\/\/www.nationalreview.com\/2018\/06\/russia-egypt-relationship-foreign-policy\/\">tells the National Review<\/a>. \u201cThis would be a mistake,\u201d she adds, pointing out that Russia\u2019s growing influence in the region poses a threat to US interests because \u201cMoscow provides a lot that Washington can\u2019t,\u201d such as arms agreements free of human rights-related preconditions. \u201cEgypt is the cornerstone of American regional security in the Middle East, and if it turns to [Vladimir] Putin we would lose one of our key regional allies,\u201d Borshchevskaya notes.<\/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\/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=\"628193\" 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=\"628193\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/a-call-for-research-on-benefits-of-consolidating-government-ministries-by-common-functions\/\">\r\n                            A call for research on benefits of consolidating government ministries by common functions                        <\/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\/06\/27\/a-call-for-research-on-benefits-of-consolidating-government-ministries-by-common-functions\/\" 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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He suggests, as an example, that the antiquities, tourism and (quite randomly) civil aviation ministries could all be rolled into the culture ministry \u2014 or that the education ministry could have responsibility for K-12, higher ed, technical \/ vocational training and scientific research.<\/p>\n<p>(We\u2019re not certain we\u2019re with Newton on this one: We like to think we know a thing or two about management, but sometimes struggle running two small businesses \u2014 hardly creatures as large as government ministries and all the authorities and agencies falling under them.)<\/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\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628194\" 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=\"628194\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/tobacco-companies-in-the-middle-east-and-africa-need-to-be-slapped-with-more-taxes-restrictions\/\">\r\n                            Tobacco companies in the Middle East and Africa need to be slapped with more taxes, restrictions                        <\/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\/06\/27\/tobacco-companies-in-the-middle-east-and-africa-need-to-be-slapped-with-more-taxes-restrictions\/\" 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\/06\/27\/tobacco-companies-in-the-middle-east-and-africa-need-to-be-slapped-with-more-taxes-restrictions\/')\">\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\/06\/27\/tobacco-companies-in-the-middle-east-and-africa-need-to-be-slapped-with-more-taxes-restrictions\/\">\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=Tobacco companies in the Middle East and Africa need to be slapped with more taxes, restrictions&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/tobacco-companies-in-the-middle-east-and-africa-need-to-be-slapped-with-more-taxes-restrictions\/\">\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\/06\/27\/tobacco-companies-in-the-middle-east-and-africa-need-to-be-slapped-with-more-taxes-restrictions\/&title=Tobacco companies in the Middle East and Africa need to be slapped with more taxes, restrictions\">\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=Tobacco+companies+in+the+Middle+East+and+Africa+need+to+be+slapped+with+more+taxes%2C+restrictions+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Ftobacco-companies-in-the-middle-east-and-africa-need-to-be-slapped-with-more-taxes-restrictions%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\/06\/27\/tobacco-companies-in-the-middle-east-and-africa-need-to-be-slapped-with-more-taxes-restrictions\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/249.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628195\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/tobacco-companies-in-the-middle-east-and-africa-need-to-be-slapped-with-more-taxes-restrictions\/249-jpg-21\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/249.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"249.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/249.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/249.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628194\" class=\"content-area-description single-story post-628194 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Tobacco companies in the Middle East and Africa need to be slapped with more taxes, restrictions:<\/strong> The Middle East and Africa are two regions that are bucking the downward global trend on tobacco use, largely because governments aren\u2019t imposing high enough taxes take too-loose an approach to the regulation of tobacco products, <a href=\"https:\/\/www.bloomberg.com\/view\/articles\/2018-06-26\/stop-rising-tobacco-use-in-africa-and-the-middle-east\">Bloomberg\u2019s editorial board says<\/a>. <strong>Egypt alone has seen its smoker population nearly double since 2000, reaching around 14.4 mn today.<\/strong> \u201cSmoking rates are rising fastest in low- and middle-income countries in these regions, where control measures are relatively weak and tobacco is marketed mainly to men. To reverse this, governments need to more firmly confront the tobacco industry\u2019s efforts to recruit the next generation of smokers.\u201d<\/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\/worth-reading\/\">worth reading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628196\" 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=\"628196\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/underwater-octopus-city-upends-conventional-wisdom-on-gloomy-octopuses-social-behavior\/\">\r\n                            Underwater \u201coctopus city\u201d upends conventional wisdom on gloomy octopuses\u2019 social behavior                        <\/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\/06\/27\/underwater-octopus-city-upends-conventional-wisdom-on-gloomy-octopuses-social-behavior\/\" 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\/06\/27\/underwater-octopus-city-upends-conventional-wisdom-on-gloomy-octopuses-social-behavior\/')\">\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\/06\/27\/underwater-octopus-city-upends-conventional-wisdom-on-gloomy-octopuses-social-behavior\/\">\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=Underwater \u201coctopus city\u201d upends conventional wisdom on gloomy octopuses\u2019 social behavior&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/underwater-octopus-city-upends-conventional-wisdom-on-gloomy-octopuses-social-behavior\/\">\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\/06\/27\/underwater-octopus-city-upends-conventional-wisdom-on-gloomy-octopuses-social-behavior\/&title=Underwater \u201coctopus city\u201d upends conventional wisdom on gloomy octopuses\u2019 social behavior\">\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=Underwater+%E2%80%9Coctopus+city%E2%80%9D+upends+conventional+wisdom+on+gloomy+octopuses%E2%80%99+social+behavior+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Funderwater-octopus-city-upends-conventional-wisdom-on-gloomy-octopuses-social-behavior%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\/06\/27\/underwater-octopus-city-upends-conventional-wisdom-on-gloomy-octopuses-social-behavior\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/1512.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628197\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/underwater-octopus-city-upends-conventional-wisdom-on-gloomy-octopuses-social-behavior\/1512-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/1512.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1512.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/1512.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/1512.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628196\" class=\"content-area-description single-story post-628196 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Scientist discover the Octopus version of Cairo in Australia:<\/strong> Marine biologists discovered an underwater octopus \u201ccity\u201d off the coast of Australia that has upended conventional wisdom that \u201cgloomy\u201d octopuses are antisocial, according to <a href=\"https:\/\/www.smithsonianmag.com\/smart-news\/octopus-city-observed-180964936\/\">Smithsonian Magazine<\/a>. Scientists had previously thought this species of octopus avoided social interactions beyond mating, but a group of researchers observing the species in \u201cOctlantis\u201d found that the underwater creatures exhibited complex social interactions, including fighting over their dens. \u201cThese new finds give insights into the lives of the mysterious octopus \u2014 a creature that is notoriously difficult to study\u201d (<a href=\"https:\/\/www.youtube.com\/watch?v=hNBM60ZOVOQ\">watch, runtime: 2:04<\/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\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628198\" 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=\"628198\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/wfp-approves-usd-454-mn-five-year-strategic-plan-for-egypt\/\">\r\n                            WFP approves USD 454 mn five-year strategic plan for Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/wfp-approves-usd-454-mn-five-year-strategic-plan-for-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/wfp-approves-usd-454-mn-five-year-strategic-plan-for-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/wfp-approves-usd-454-mn-five-year-strategic-plan-for-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=WFP approves USD 454 mn five-year strategic plan for Egypt&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/wfp-approves-usd-454-mn-five-year-strategic-plan-for-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/wfp-approves-usd-454-mn-five-year-strategic-plan-for-egypt\/&title=WFP approves USD 454 mn five-year strategic plan for Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=WFP+approves+USD+454+mn+five-year+strategic+plan+for+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fwfp-approves-usd-454-mn-five-year-strategic-plan-for-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/wfp-approves-usd-454-mn-five-year-strategic-plan-for-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628198\" class=\"content-area-description single-story post-628198 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>WFP approves USD 454 mn five-year strategic plan for Egypt:<\/strong> The UN World Food Programme\u2019s (WFP) executive board has approved a USD 454 mn five-year strategic plan for Egypt, according to <a href=\"https:\/\/alborsanews.com\/2018\/06\/26\/1112380\">Egypt\u2019s Permanent Representative to the UN in Rome<\/a>, Hisham Badr. The <a href=\"https:\/\/docs.wfp.org\/api\/documents\/8e97bc6add374c9ab811e5a0cedfe7b1\/download\/?_ga=2.151333689.1888933984.1530020224-148404018.1530020224\">WFP\u2019s plan (pdf)<\/a> \u201cfocuses on strengthening national capacity to tackle the underlying causes of vulnerability to food insecurity and malnutrition while responding to humanitarian needs, including those of refugees and migrants in Egypt.\u201d Expect a lot more quinoa to hit the shelves, ladies and gents, as UN Food & Agriculture Organization <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/29\/agriculture-ministry-launches-nationwide-program-to-grow-quinoa\/\">has been promoting its use here<\/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\/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=\"628200\" 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=\"628200\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/sca-in-talks-with-unnamed-gulf-banks-for-eur-300-mn-to-finance-dredger-purchase\/\">\r\n                            SCA in talks with unnamed Gulf banks for EUR 300 mn to finance dredger purchase                        <\/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\/06\/27\/sca-in-talks-with-unnamed-gulf-banks-for-eur-300-mn-to-finance-dredger-purchase\/\" 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\/06\/27\/sca-in-talks-with-unnamed-gulf-banks-for-eur-300-mn-to-finance-dredger-purchase\/')\">\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\/06\/27\/sca-in-talks-with-unnamed-gulf-banks-for-eur-300-mn-to-finance-dredger-purchase\/\">\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=SCA in talks with unnamed Gulf banks for EUR 300 mn to finance dredger purchase&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/sca-in-talks-with-unnamed-gulf-banks-for-eur-300-mn-to-finance-dredger-purchase\/\">\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\/06\/27\/sca-in-talks-with-unnamed-gulf-banks-for-eur-300-mn-to-finance-dredger-purchase\/&title=SCA in talks with unnamed Gulf banks for EUR 300 mn to finance dredger purchase\">\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=SCA+in+talks+with+unnamed+Gulf+banks+for+EUR+300+mn+to+finance+dredger+purchase+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fsca-in-talks-with-unnamed-gulf-banks-for-eur-300-mn-to-finance-dredger-purchase%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\/06\/27\/sca-in-talks-with-unnamed-gulf-banks-for-eur-300-mn-to-finance-dredger-purchase\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628200\" class=\"content-area-description single-story post-628200 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.8bd2285e-58d2-4523-b20b-fb9ea7d3d622.mp3\"><\/audio><\/figure>\n<p>The Suez Canal Authority (SCA) is in talks with unnamed Gulf banks for a EUR 300 mn loan to finance its <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/04\/sca-signs-eur-300-mn-agreement-with-royal-ihc-to-purchases-two-dredgers\/\">agreement with Dutch Royal IHC<\/a> to purchase two dredgers, three separate sources <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN1JM0SN\">tell Reuters\u2019 Arabic service<\/a>. A consortium made up of CIB, the National Bank of Egypt, Banque Misr, and the Arab African International Bank had offered to provide the SCA with the loan <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/30\/bank-consortium-waiting-on-finance-ministry-to-lend-the-sca-c-usd-602-mn-sca-will-likely-look-abroad-for-financing-of-dredgers\/\">earlier this year<\/a>, but banking sources had said at the time that the SCA was likely to borrow from international institutions that offered better rates and repayment conditions. Separately, the SCA signed yesterday a cooperation protocol with Agility Kuwait to establish a logistics zone in the East Port Said Port, <a href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/1096702207153396\">according to a statement<\/a>. Feasibility studies will take around eight months to complete.<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628201\" 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=\"628201\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/gasc-purchases-120k-tonnes-of-russian-wheat\/\">\r\n                            GASC purchases 120k tonnes of Russian wheat                        <\/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\/06\/27\/gasc-purchases-120k-tonnes-of-russian-wheat\/\" 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\/06\/27\/gasc-purchases-120k-tonnes-of-russian-wheat\/')\">\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\/06\/27\/gasc-purchases-120k-tonnes-of-russian-wheat\/\">\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=GASC purchases 120k tonnes of Russian wheat&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/gasc-purchases-120k-tonnes-of-russian-wheat\/\">\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\/06\/27\/gasc-purchases-120k-tonnes-of-russian-wheat\/&title=GASC purchases 120k tonnes of Russian wheat\">\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=GASC+purchases+120k+tonnes+of+Russian+wheat+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fgasc-purchases-120k-tonnes-of-russian-wheat%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\/06\/27\/gasc-purchases-120k-tonnes-of-russian-wheat\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628201\" class=\"content-area-description single-story post-628201 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\/.41dccfa2-1fb9-459a-be51-4dfd8f64b021.mp3\"><\/audio><\/figure>\n<p>The General Authority for Supply Commodities (GASC) purchased 120k tonnes of Russian wheat in an international tender yesterday, <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN1JM1TF\">according to Reuters\u2019 Arabic service<\/a>. The Russian offer from Aston was the lowest at USD 201.95 per tonne free-on-board, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1TS3HI\">traders said yesterday<\/a>. The wheat is scheduled for delivery between 11-20 August.<\/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\/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=\"628202\" 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=\"628202\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/uae-companies-plan-to-build-usd-200-mn-factories-for-renewable-energy-supplies-in-6-october-city\/\">\r\n                            UAE companies plan to build USD 200 mn factories for renewable energy supplies in 6 October City                        <\/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\/06\/27\/uae-companies-plan-to-build-usd-200-mn-factories-for-renewable-energy-supplies-in-6-october-city\/\" 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\/06\/27\/uae-companies-plan-to-build-usd-200-mn-factories-for-renewable-energy-supplies-in-6-october-city\/')\">\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\/06\/27\/uae-companies-plan-to-build-usd-200-mn-factories-for-renewable-energy-supplies-in-6-october-city\/\">\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=UAE companies plan to build USD 200 mn factories for renewable energy supplies in 6 October City&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/uae-companies-plan-to-build-usd-200-mn-factories-for-renewable-energy-supplies-in-6-october-city\/\">\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\/06\/27\/uae-companies-plan-to-build-usd-200-mn-factories-for-renewable-energy-supplies-in-6-october-city\/&title=UAE companies plan to build USD 200 mn factories for renewable energy supplies in 6 October City\">\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=UAE+companies+plan+to+build+USD+200+mn+factories+for+renewable+energy+supplies+in+6+October+City+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fuae-companies-plan-to-build-usd-200-mn-factories-for-renewable-energy-supplies-in-6-october-city%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\/06\/27\/uae-companies-plan-to-build-usd-200-mn-factories-for-renewable-energy-supplies-in-6-october-city\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628202\" class=\"content-area-description single-story post-628202 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.90c841ea-ff52-4070-90d5-8c2570d98f59.mp3\"><\/audio><\/figure>\n<p>A number of unnamed UAE companies are reportedly planning to establish USD 200 mn-worth of industrial and real estate projects in 6 October City, <a href=\"https:\/\/alborsanews.com\/2018\/06\/26\/1112285\">said Mohamed Saaban<\/a>, chairman of the 6 October City investors association. UAE investors have expressed their interest in building factories to produce and sell supplies for new and renewable energy projects operating in the region, following the latest <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/19\/government-hikes-fuel-prices-by-c-50\/\">price hike<\/a> in electricity, he added. The new projects are slated for completion by 2020.<\/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\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628203\" 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=\"628203\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/auto-sales-continue-resurgence-rising-39-y-o-y-in-5m2018\/\">\r\n                            Auto sales continue resurgence, rising 39% y-o-y in 5M2018                        <\/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\/06\/27\/auto-sales-continue-resurgence-rising-39-y-o-y-in-5m2018\/\" 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\/06\/27\/auto-sales-continue-resurgence-rising-39-y-o-y-in-5m2018\/')\">\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\/06\/27\/auto-sales-continue-resurgence-rising-39-y-o-y-in-5m2018\/\">\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=Auto sales continue resurgence, rising 39% y-o-y in 5M2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/auto-sales-continue-resurgence-rising-39-y-o-y-in-5m2018\/\">\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\/06\/27\/auto-sales-continue-resurgence-rising-39-y-o-y-in-5m2018\/&title=Auto sales continue resurgence, rising 39% y-o-y in 5M2018\">\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=Auto+sales+continue+resurgence%2C+rising+39%25+y-o-y+in+5M2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fauto-sales-continue-resurgence-rising-39-y-o-y-in-5m2018%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\/06\/27\/auto-sales-continue-resurgence-rising-39-y-o-y-in-5m2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628203\" class=\"content-area-description single-story post-628203 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\/.2ba04bc3-ef0c-4bcd-9d24-088ab76c1fa2.mp3\"><\/audio><\/figure>\n<p>Total auto sales rose 39% y-o-y in the first five months of 2018, with 63,946 vehicles sold, according to figures from the Automotive Information Council (AMIC) <a href=\"http:\/\/almalnews.com\/Story\/380441\/18\/39-%D8%A8%D8%A7%D9%84%D9%85%D8%A6%D8%A9-%D9%86%D9%85%D9%88%D9%8B%D8%A7-%D9%81%D9%89-%D9%85%D8%A8%D9%8A%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AE%D9%84%D8%A7%D9%84-5-%D8%B4%D9%87%D9%88%D8%B1\">picked up by Al Mal<\/a>. Passenger car sales grew 38.3% y-o-y in 5M2018, which saw Chevrolet capturing a 24.2% market share, followed by Hyundai (17.4%), Nissan (16.2%), Renault (7.4%) and Toyota (7.2%). Truck sales also jumped 54% y-o-y during the period, while bus sales rose 9% y-o-y.<\/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\/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=\"628206\" 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=\"628206\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/cbe-disburses-egp-500-mn-to-mortgage-finance-companies\/\">\r\n                            CBE disburses EGP 500 mn to mortgage finance companies                        <\/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\/06\/27\/cbe-disburses-egp-500-mn-to-mortgage-finance-companies\/\" 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\/06\/27\/cbe-disburses-egp-500-mn-to-mortgage-finance-companies\/')\">\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\/06\/27\/cbe-disburses-egp-500-mn-to-mortgage-finance-companies\/\">\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=CBE disburses EGP 500 mn to mortgage finance companies&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/cbe-disburses-egp-500-mn-to-mortgage-finance-companies\/\">\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\/06\/27\/cbe-disburses-egp-500-mn-to-mortgage-finance-companies\/&title=CBE disburses EGP 500 mn to mortgage finance companies\">\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=CBE+disburses+EGP+500+mn+to+mortgage+finance+companies+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fcbe-disburses-egp-500-mn-to-mortgage-finance-companies%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\/06\/27\/cbe-disburses-egp-500-mn-to-mortgage-finance-companies\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628206\" class=\"content-area-description single-story post-628206 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\/.4e23e8f5-8e5c-4f26-94c1-08a5d37f7187.mp3\"><\/audio><\/figure>\n<p>The central bank has agreed to expend a second EGP 500 mn tranche to mortgage finance companies from its EGP 20 bn Mortgage Finance Fund, CBE Sub-governor Lobna Helal said, <a href=\"http:\/\/www.almalnews.com\/Story\/380536\/12\/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%89-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%89-%D8%B9%D9%84%D9%89-%D8%B4%D8%B1%D9%8A%D8%AD%D8%A9-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%A8%D9%80500-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-\">according to Al Mal<\/a>. Five companies are currently enrolled in the CBE\u2019s initiative and talks are ongoing with the Finance Ministry to keep the program going once the available allowance is used up, <a href=\"http:\/\/almalnews.com\/Story\/380531\/12\/%C2%AB%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A%C2%BB-%D9%8A%D9%81%D8%A7%D9%88%D8%B6-%C2%AB%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9%C2%BB-%D9%84%D8%B6%D9%85%D8%A7%D9%86-%D8%A7%D8%B3%D8%AA%D9%85%D8%B1%D8%A7%D8%B1-%D9%85%D8%A8%D8%A7%D8%AF%D8%B1%D8%A9-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%8A\">Helal also said<\/a>. The CBE Mortgage Finance Fund had signed agreements <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/21\/credit-agricole-faisal-allocate-egp-500-mn-and-egp-200-mn-to-cbes-mortgage-finance-initiative\/\">earlier this year<\/a> with Credit Agricole and Faisal Islamic Bank worth EGP 500 mn and EGP 200 mn, respectively, to finance housing purchases for the mid- and low-income segment.<\/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\/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=\"628207\" 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=\"628207\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/egypt-greece-cyprus-begin-joint-naval-and-air-force-exercise\/\">\r\n                            Egypt, Greece, Cyprus begin joint naval and air force exercise                        <\/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\/06\/27\/egypt-greece-cyprus-begin-joint-naval-and-air-force-exercise\/\" 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\/06\/27\/egypt-greece-cyprus-begin-joint-naval-and-air-force-exercise\/')\">\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\/06\/27\/egypt-greece-cyprus-begin-joint-naval-and-air-force-exercise\/\">\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, Greece, Cyprus begin joint naval and air force exercise&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/egypt-greece-cyprus-begin-joint-naval-and-air-force-exercise\/\">\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\/06\/27\/egypt-greece-cyprus-begin-joint-naval-and-air-force-exercise\/&title=Egypt, Greece, Cyprus begin joint naval and air force exercise\">\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%2C+Greece%2C+Cyprus+begin+joint+naval+and+air+force+exercise+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fegypt-greece-cyprus-begin-joint-naval-and-air-force-exercise%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\/06\/27\/egypt-greece-cyprus-begin-joint-naval-and-air-force-exercise\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628207\" class=\"content-area-description single-story post-628207 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\/.827a8605-63a3-4260-a165-59a7ff2fb263.mp3\"><\/audio><\/figure>\n<p>Egypt, Greece, and Cyprus began yesterday a multi-day joint naval and air force exercise off Egypt\u2019s Mediterranean coast, according to an <a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/posts\/1323648424432803\">Armed Forces statement<\/a>. The joint exercise, Medusa 6, will include training on naval and air combat maneuvers, among other activities.<\/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\/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=\"628208\" 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=\"628208\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/sara-samir-nancy-taman-ragab-abdalla-snag-gold-at-mediterranean-games\/\">\r\n                            Sara Samir, Nancy Taman, Ragab Abdalla snag gold at Mediterranean Games                        <\/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\/06\/27\/sara-samir-nancy-taman-ragab-abdalla-snag-gold-at-mediterranean-games\/\" 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\/06\/27\/sara-samir-nancy-taman-ragab-abdalla-snag-gold-at-mediterranean-games\/')\">\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\/06\/27\/sara-samir-nancy-taman-ragab-abdalla-snag-gold-at-mediterranean-games\/\">\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=Sara Samir, Nancy Taman, Ragab Abdalla snag gold at Mediterranean Games&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/sara-samir-nancy-taman-ragab-abdalla-snag-gold-at-mediterranean-games\/\">\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\/06\/27\/sara-samir-nancy-taman-ragab-abdalla-snag-gold-at-mediterranean-games\/&title=Sara Samir, Nancy Taman, Ragab Abdalla snag gold at Mediterranean Games\">\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=Sara+Samir%2C+Nancy+Taman%2C+Ragab+Abdalla+snag+gold+at+Mediterranean+Games+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fsara-samir-nancy-taman-ragab-abdalla-snag-gold-at-mediterranean-games%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\/06\/27\/sara-samir-nancy-taman-ragab-abdalla-snag-gold-at-mediterranean-games\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/15.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628209\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/sara-samir-nancy-taman-ragab-abdalla-snag-gold-at-mediterranean-games\/15-jpg-35\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/15.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"15.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/15.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/6\/15.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628208\" class=\"content-area-description single-story post-628208 post type-post status-publish format-standard has-post-thumbnail hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Olympic weightlifter Sara Samir clinched a gold medal in the women\u2019s 69 kg class at the 2018 Mediterranean Games yesterday, <a href=\"https:\/\/results.tarragona2018.cat\/en\/WLF\/athlete\/18006186\">the official website for the tournament shows<\/a>. 23-year-old Nancy Taman also <a href=\"https:\/\/www.facebook.com\/egfpage\/videos\/2185188321711935\/\">won a gold medal<\/a> in artistic gymnastics, while Ragab Abdalla won the gold medal for the men's weightlifting 94 kg class. This brings the <a href=\"https:\/\/results.tarragona2018.cat\/en\/ALL\/entries\/noc\/EGY\">total number<\/a> of medals under Egypt\u2019s belt at the championship to 30.<\/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\/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=\"628210\" 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=\"628210\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/hodor-plays-megadeth\/\">\r\n                            Hodor plays Megadeth                        <\/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\/06\/27\/hodor-plays-megadeth\/\" 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\/06\/27\/hodor-plays-megadeth\/')\">\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\/06\/27\/hodor-plays-megadeth\/\">\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=Hodor plays Megadeth&url=https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/hodor-plays-megadeth\/\">\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\/06\/27\/hodor-plays-megadeth\/&title=Hodor plays Megadeth\">\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=Hodor+plays+Megadeth+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F06%2F27%2Fhodor-plays-megadeth%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\/06\/27\/hodor-plays-megadeth\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628210\" class=\"content-area-description single-story post-628210 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Hodor plays Megadeth<\/strong>, coached by Dave Mustaine and David Ellefson (<a href=\"https:\/\/www.instagram.com\/p\/BkcuNyAAk7C\/?utm_source=ig_embed\">watch on Instagram<\/a>, runtime: less than 1 min) or get the full story on <a href=\"http:\/\/loudwire.com\/hodor-game-of-thrones-plays-holy-wars-megadeth\/\">Loudwire<\/a>.<\/p>\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=\"628211\" 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=\"628211\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/628211\/\">\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\/06\/27\/628211\/\" 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\/06\/27\/628211\/')\">\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\/06\/27\/628211\/\">\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\/06\/27\/628211\/\">\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\/06\/27\/628211\/&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%2F06%2F27%2F628211%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\/06\/27\/628211\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628211\" class=\"content-area-description single-story post-628211 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 17.83 | Sell 17.93<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.84 | Sell 17.94<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.78 | Sell 17.88<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 16,197 (-1.6%)<br \/>\n <strong>Turnover:<\/strong> EGP 781 mn (25% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +7.8%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session down 1.6%. CIB, the index heaviest constituent ended down 0.8%. EGX30\u2019s top performing constituents were Eastern Co up 0.2%, and Porto Group ended flat. Yesterday\u2019s worst performing stocks were Arab Cotton Ginning down 4.5%, Egyptian Resorts down 4.4%, and Emaar Misr down 4.1%. The market turnover was EGP 781 mn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -17.5 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -14.9 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +32.5 mn<\/p>\n<p><strong>Retail<\/strong>: 54.7% of total trades | 56.2% of buyers | 53.2% of sellers<br \/>\n <strong>Institutions<\/strong>: 45.3% of total trades | 43.8% of buyers | 46.8% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 21.7% of total | 20.6% of buyers | 22.8% of sellers<br \/>\n <strong>Regional:<\/strong> 7.3% of total | 6.3% of buyers | 8.3% of sellers<br \/>\n <strong>Domestic:<\/strong> 71.0% of total | 73.1% of buyers | 68.9% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 70.72 (+0.27%)<br \/>\n <strong>Brent:<\/strong> USD 76.59 (+0.37%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.95 MMBtu, (+0.51%, July 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,260.10 \/ troy ounce (+0.02%)<\/p>\n<p><strong>TASI:<\/strong> 8,298.89 (-0.52%) (YTD: +14.84%)<br \/>\n <strong>ADX:<\/strong> 4,565.78 (+0.63%) (YTD: +3.80%)<br \/>\n <strong>DFM:<\/strong> 2,836.01 (-1.11%) (YTD: -15.85%)<br \/>\n <strong>KSE Premier Market:<\/strong> 4,921.54 (+1.14%)<br \/>\n <strong>QE:<\/strong> 8,895.21 (-0.47%) (YTD: +4.36%)<br \/>\n <strong>MSM:<\/strong> 4,570.18 (-0.29%) (YTD: -10.38%)<br \/>\n <strong>BB: <\/strong>1,302.03 (+0.04%) (YTD: -2.23%)<\/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\/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=\"628212\" 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\/06\/27\/628212\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628212\" class=\"content-area-description single-story post-628212 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>28 June (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>29 June (Friday): IMF\u2019s <a href=\"https:\/\/www.imf.org\/external\/NP\/SEC\/bc\/eng\/index.aspx\">executive board meeting<\/a> to review progress on Egypt\u2019s reform program.<\/p>\n<p>1 July (Sunday): Application deadline for the DigitalAG4Egypt Challenge.<\/p>\n<p>16 July (Monday): Cairo Court of Appeals to issue ruling on EGP 5.6 bn antitrust case against pharma companies including Ibnsina.<\/p>\n<p>23 July (Monday): Revolution Day, national holiday.<\/p>\n<p>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>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>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\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":628176,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-628175","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"adafe517-f35a-4374-bbcf-9397c706e058","teaser":"","photo_url":"https:\/\/ent.news\/2018\/6\/1741.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>A field 3x the size of Zohr? - 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\/a-field-3x-the-size-of-zohr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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