{"id":628355,"date":"2018-05-02T04:18:50","date_gmt":"2018-05-02T04:18:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=628355"},"modified":"2025-12-17T10:16:56","modified_gmt":"2025-12-17T10:16:56","slug":"fdi-could-hit-20-25-in-fy2018-19","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/fdi-could-hit-20-25-in-fy2018-19\/","title":{"rendered":"FDI could hit 20-25% in FY2018-19"},"content":{"rendered":"<section id=\"628357\" 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=\"628357\">\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\/05\/02\/what-were-tracking-on-2-may-2018\/\">\r\n                            What we\u2019re tracking on 2 May 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\/05\/02\/what-were-tracking-on-2-may-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\/05\/02\/what-were-tracking-on-2-may-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\/05\/02\/what-were-tracking-on-2-may-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 2 May 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/what-were-tracking-on-2-may-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\/05\/02\/what-were-tracking-on-2-may-2018\/&title=What we\u2019re tracking on 2 May 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+2+May+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F02%2Fwhat-were-tracking-on-2-may-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\/05\/02\/what-were-tracking-on-2-may-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628357\" class=\"content-area-description single-story post-628357 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>It\u2019s merry merry month of May<\/strong>, as stocks fly of the shelves and fridges get packed with Ramadan supplies. The holy month is only a few weeks away at this point, with expectations hovering at around 16 or 17 May.<\/p><p><strong>As it\u2019s the first week of the month<\/strong>, we\u2019re expecting to hear a number of new indicators this week. <strong>Tomorrow is PMI Day<\/strong> and it should be an interesting one considering Ramadan is around the corner. We\u2019re also awaiting the FX reserve figures this week.<\/p><p><strong>More importantly, inflation numbers that should come out on 10 May.<\/strong> This month is all the more significant as the central bank\u2019s Monetary Policy Committee will meet on 17 May to determine interest rates\/<\/p><p><strong>In the meantime, Egypt\u2019s M2 money supply growth rate rose to 21.85% y-o-y in March to EGP 3.34 tn (USD 189.56 bn),<\/strong> the CBE announced on Monday, <a href=\"https:\/\/www.reuters.com\/article\/egypt-cenbank-moneysupply\/egypts-m2-money-supply-up-21-85-pct-year-on-year-in-march-c-bank-idUSC6N1JA02L\">Reuters reports<\/a>.<\/p><p><strong>You have until Thursday to finish filing your tax returns: <\/strong>The Tax Authority has extended the deadline for companies to file their tax returns until this Thursday, from the original Monday deadline, authority head Emad Samy said, <a href=\"http:\/\/www.almalnews.com\/Story\/374430\/14\/%D9%85%D8%AF-%D9%81%D8%AA%D8%B1%D8%A9-%D8%AA%D9%82%D8%AF%D9%8A%D9%85-%D8%A7%D9%84%D8%A5%D9%82%D8%B1%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D8%B6%D8%B1%D9%8A%D8%A8%D9%8A%D8%A9-%D8%AD%D8%AA%D9%89-%D8%A7%D9%84%D8%AE%D9%85%D9%8A%D8%B3-\">Al Mal reports<\/a>. Corporate tax revenues are expected to rise to EGP 55.5 bn for the current tax season, up from EGP 33 bn the year before, Samy had told us in <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/26\/finance-ministry-plans-digital-revamp-of-tax-filing-system-aims-to-clamp-down-on-bogus-receipts-in-bid-to-bolster-state-revenues\/\">an exclusive last week<\/a>.<\/p><p><strong>It\u2019s Fed Day:<\/strong> The US Federal Reserve will announce its decision on interest rates today, <a href=\"https:\/\/www.reuters.com\/article\/us-usa-fed-rates\/fed-likely-to-keep-rates-steady-investors-bet-on-june-hike-idUSKBN1I22TC\">Reuters reports<\/a>. It is widely expected that the Fed will hold interest rates steady but will likely further encourage expectations that it will lift borrowing costs in June on the back of rising inflation and low unemployment.<\/p><p><strong>April was not kind to emerging market currencies. <\/strong>\u201cWhile the greenback is on track to notch its best month since Donald Trump\u2019s election in 2016 thanks to higher US interest rates expectations and a general shift away from riskier assets, these same forces have left EM currencies nursing heavy losses,\u201d Pan Kwan Yuk <a href=\"https:\/\/www.ft.com\/content\/7ba1d39e-4ca8-11e8-8a8e-22951a2d8493\">writes for the Financial Times<\/a>. Russia, Brazil, and Mexico sustained the sharpest drops, and the move is likely to prompt central banks to tighten rather than ease their fiscal policies, Capital Economics analysts suggest. They say, however, that expectations for another hike in US interest rates is unlikely to cause \u201csharp outflows from EM assets.\u201d<\/p><p><strong>Nothing concrete from Aramco<\/strong>,<strong> but privatized education in Saudi got a major boost.<\/strong> Saudi Arabian authorities ordered 25 state-run schools be managed by private sector companies on Tuesday, <a href=\"https:\/\/www.reuters.com\/article\/us-saudi-privatisation-schools\/saudi-government-to-hand-over-25-schools-to-private-sector-idUSKBN1I23UE\">Reuters reports<\/a>.<\/p><p><strong>Morocco will sever diplomatic ties with Iran over Tehran\u2019s support for the Polisario Front<\/strong>, <a href=\"https:\/\/www.reuters.com\/article\/us-morocco-iran\/morocco-severs-ties-with-iran-accusing-it-of-backing-polisario-front-idUSKBN1I23VF\">according to Reuters<\/a>. Morocco will close its embassy in Tehran and will expel the Iranian ambassador in Rabat, Foreign Minister Nasser Bourita told reporters. He claims that Iran and its Hezbollah were supporting Polisario by training and arming its fighters, via the Iranian embassy in Algeria. \u201cHezbollah sent military officials to Polisario and provided the front with ... weapons and trained them on urban warfare,\u201d Bourita said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628360\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF 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draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-0xedj7z\" data-v=\"4\" data-block-id=\"0xedj7z\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-0xedj7z-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-0xedj7z-inner-blocks\">\r\n            <div 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class=\"stk-block-content stk-inner-blocks stk-j1gseui-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-7g0bjvj\" data-v=\"4\" data-block-id=\"7g0bjvj\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-7g0bjvj-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-7g0bjvj-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div 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Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/what-were-tracking-this-week-15\/\">\r\n                            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\/05\/02\/what-were-tracking-this-week-15\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n          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           WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/what-were-tracking-this-week-15\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628361\" class=\"content-area-description single-story post-628361 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>GERD talks on Saturday: <\/strong>The next round of talks over the Grand Ethiopian Renaissance Dam (GERD) will be held in Addis Ababa on Saturday, 5 May, said Sudanese Irrigation Minister Moataz Moussa, <a href=\"https:\/\/www.elwatannews.com\/news\/details\/3318991\">according to El Watan<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"628362\" 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=\"628362\">\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\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/on-the-horizon-18\/\">\r\n                            On the horizon                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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href=\"https:\/\/api.whatsapp.com\/send?text=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F02%2Fon-the-horizon-18%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\/05\/02\/on-the-horizon-18\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628362\" class=\"content-area-description single-story post-628362 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The contracts for the Russian Industrial Zone (RIZ) should be signed at the end of May<\/strong>, Russia\u2019s Deputy Industry and Trade Minister Georgy Kalamanov <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/29\/contracts-for-the-russian-industrial-zone-to-be-signed-in-may\/\">said last week<\/a>. This could happen at the Egyptian-Russian Economic Committee summit, scheduled for the second half of May, during which both countries\u2019 trade and industry ministers are expected to meet. Kalamanov had met with Suez Canal Economic Zone deputy head Abdel Qader Darwish in Cairo on Sunday to begin the final round of talks on the zone. Kalamanov said last week that the contracts would be signed at the end of May.<\/p>\n<p><strong>Uber \/ Careem appeal this Saturday:<\/strong> The Supreme Administrative Court is scheduled to hear on Saturday, 5 May an appeal by Uber and Careem of a lower court decision that ordered the two companies to suspend operations. The Administrative Court has scheduled a separate hearing for 15 May. The two companies continue to operate under a Court of Urgent Matters ruling that stayed the initial suspension.<\/p>\n<p><strong>LEGISLATION WATCH- The Tenders and Auctions Act will go to a plenary session vote this month<\/strong>, <a href=\"http:\/\/almalnews.com\/Story\/374086\/14\/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D8%B5%D9%88%D8%AA-%D8%B9%D9%84%D9%89-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D9%85%D8%B2%D8%A7%D9%8A%D8%AF%D8%A7%D8%AA-%D9%88%D8%A7%D9%84%D9%85%D9%86%D8%A7%D9%82%D8%B5%D8%A7%D8%AA---%D9%85%D8%A7%D9%8A%D9%88-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\">according to House Planning Committee deputy<\/a>, Yasser Omar. The committee has concluded its review of the bill, which was originally <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/21\/tenders-and-auctions-act-income-tax-amendments-to-go-to-plenary-session-in-april\/\">scheduled to be issued last month<\/a>, he said.<\/p>\n<p><strong>Our friends at AmCham will be holding their fifth annual HR Day on Monday, 7 May<\/strong>. The event will discuss new ways of attracting talent, developing culture, implementing leadership practices and diversity and inclusion, in addition to raising questions on the value of a company\u2019s culture. <a href=\"https:\/\/www.amcham.org.eg\/OnlineRegistration\/newinv\/Register\/?evid=1140\">You can register for the event here<\/a>.<\/p>\n<p><strong>The Egyptian embassy in London will be hosting a <\/strong><a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/04\/Press-Release-Made-in-Egypt-April-9th-2018-Final-4-18-2018-1.pdf\"><strong>\u201cMade in Egypt\u201d<\/strong><\/a><strong> gala on Tuesday, 8 May<\/strong>. The event, which will exhibit the work of Egypt\u2019s designers, is sponsored by our friends at CIB, SODIC, Edita, and EgyptAir as well as Palm Hills, Ramsco, and Mr. and Mrs. Samih Sawiris.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-horizon\/\">ON THE HORIZON<\/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=\"628363\" 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=\"628363\">\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\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/amr-adib-resigns-thanaweya-amma-gets-new-facelift\/\">\r\n                            Amr Adib resigns, Thanaweya Amma gets new facelift                        <\/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\/05\/02\/amr-adib-resigns-thanaweya-amma-gets-new-facelift\/\" 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\/05\/02\/amr-adib-resigns-thanaweya-amma-gets-new-facelift\/')\">\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\/05\/02\/amr-adib-resigns-thanaweya-amma-gets-new-facelift\/\">\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=Amr Adib resigns, Thanaweya Amma gets new facelift&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/amr-adib-resigns-thanaweya-amma-gets-new-facelift\/\">\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\/05\/02\/amr-adib-resigns-thanaweya-amma-gets-new-facelift\/&title=Amr Adib resigns, Thanaweya Amma gets new facelift\">\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=Amr+Adib+resigns%2C+Thanaweya+Amma+gets+new+facelift+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F02%2Famr-adib-resigns-thanaweya-amma-gets-new-facelift%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\/05\/02\/amr-adib-resigns-thanaweya-amma-gets-new-facelift\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628363\" class=\"content-area-description single-story post-628363 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-08\"><\/a> <strong>Amr Adib resigns?<\/strong> Kol Youm\u2019s Amr Adib announced his sudden resignation on Monday night\u2019s episode, wrapping up what was quite a colorful c. 20 years as a broadcaster. Adib offered no explanation to why he will no longer be hosting the show, only saying that he had been wanting to retire for the past seven months, but had stayed on the request of the network. Adib had briefly left the show after suffering some minor health issues last year. Adib will host his final episode in \u201cmid-May,\u201d which we\u2019re taking to be 15 May, when the talking heads go on their Ramadan break (<a href=\"https:\/\/www.youtube.com\/watch?time_continue=1&v=darCZCdkXmE\">watch, runtime: 10:14<\/a>). From getting econ wrong, to getting (some) politics right, and entertaining comments in between, he will be missed. We wish the host had given us prior warning to come up with some highlights. We instead leave you with this <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/22\/stick-a-fork-in-messi-hes-done\/\">Lionel Messi interview from last year<\/a> that made his day.<\/p>\n<p><strong>As for the rest of the airwaves, primary and middle school education is going the way of Thanaweya Amma and getting a major revamp.<\/strong> Education Minister Tarek Shawky made the rounds on the airwaves last night to outline the new system, which is expected to be implemented in September during the 2018-19 academic year.<\/p>\n<p><strong>The new primary school system aims to make teaching subjects, including STEM, in English mandatory for all public middle schools (grades 7-9)<\/strong>, Shawky said, <a href=\"https:\/\/dbonfrdgauzmg.cloudfront.net\/news\/details\/1286829\">Al Masry Al Youm reports<\/a>. The move is meant to have public education compete with the language schools and the international schools. Primary school education in public schools will be taught in Arabic. The philosophy of doing away with rote memorization, which the ministry is planning to implement for Thanaweya Amma, seems to be at play in these reforms, as it plans to end exams for students below the third grade. Shawky noted that these reforms will not apply to private and international schools.<\/p>\n<p><strong>The new system will be introduced to students entering Kindergarten and will not impact current primary school students<\/strong>, Shawky tells Hona Al Asema (<a href=\"https:\/\/www.youtube.com\/watch?v=-THKo4BdX18\">watch, runtime: 6:41<\/a>). MP Mohammed Al Aakad called in to voice his criticism that the new system came as a surprise and that the ministry should have launched in a \u201cnational dialogue\u201d before introducing it (<a href=\"https:\/\/www.youtube.com\/watch?v=DoEpmJf4L6g\">watch, runtime: 8:48<\/a>).<\/p>\n<p><strong>Contrary to official press releases, meetings between President Abdel Fattah El Sisi and his Cypriot and Greek counterparts did look at energy cooperation<\/strong>, Ittihadeya spokesman Bassan Rady tells Yahduth fi Masr (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/576778236033820\/\">watch, runtime: 6:33<\/a>). He then delved into the cultural aspects of the visit without elaborating further. Expectations were for an agreement to be signed this week, in light of <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/photos\/a.153526355166753.1073741828.153405978512124\/375033926349327\/?type=3&theater\">Cypriot President Nicos Anastasiades<\/a> and his Greek counterpart Prokopis Pavlopoulos\u2019 visit to Cairo for the \u201cWeek to Revive the Roots\u201d cultural forum. Egypt and Cyprus had reached a <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/12\/egypt-and-cyprus-likely-to-build-underwater-pipeline-to-move-gas-between-them\/\">preliminary agreement<\/a> to build an underwater pipeline for the transfer of natural gas. The move is expected to put Egypt on the map as a regional hub for the processing and export of natural gas to Europe and could see the country receive mns in funding from the EU under an energy cooperation framework <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/24\/egypt-could-get-as-much-as-eur-3-8-bn-from-the-eu-under-2018-2022-energy-cooperation-agreement\/\">signed last week<\/a>. An Egyptian-Cypriot-Greek business forum was also held yesterday in Alexandria, according to a <a href=\"https:\/\/www.facebook.com\/mift.media\/posts\/1670068973061897\">Trade Ministry statement<\/a>.<\/p>\n<p><strong>EFA blames the media for its own lack of class:<\/strong> Egyptian Football Association (EFA) board member Khaled Latif blamed the media for blowing the dispute over Mohamed Salah\u2019s image rights in an interview with Yahduth fi Masr <a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/576782766033367\/\">(watch, runtime: 1:15<\/a>). The issue is topping coverage of Egypt in the News.<\/p>\n<p><strong>On the weather, expect it to get better before it gets worse:<\/strong> Meteorological Authority head Ahmed Abdel Aal told Hona Al Asema that dust and sandstorms will begin to subside in some areas over the coming days but temperature will gradually rise reaching some 40 C in Cairo by Friday (<a href=\"https:\/\/www.youtube.com\/watch?v=7zuz6e1QILo\">watch, runtime: 5:37<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628364\" 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=\"628364\">\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\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/fdi-could-grow-by-20-25-in-fy2018-19-if-its-hits-this-years-usd-10-bn-target-el-garhy\/\">\r\n                            FDI could grow by 20-25% in FY2018-19 if its hits this year\u2019s USD 10 bn target -El Garhy                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div 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Garhy&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/fdi-could-grow-by-20-25-in-fy2018-19-if-its-hits-this-years-usd-10-bn-target-el-garhy\/\">\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\/05\/02\/fdi-could-grow-by-20-25-in-fy2018-19-if-its-hits-this-years-usd-10-bn-target-el-garhy\/&title=FDI could grow by 20-25% in FY2018-19 if its hits this year\u2019s USD 10 bn target -El Garhy\">\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=FDI+could+grow+by+20-25%25+in+FY2018-19+if+its+hits+this+year%E2%80%99s+USD+10+bn+target+-El+Garhy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F02%2Ffdi-could-grow-by-20-25-in-fy2018-19-if-its-hits-this-years-usd-10-bn-target-el-garhy%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\/05\/02\/fdi-could-grow-by-20-25-in-fy2018-19-if-its-hits-this-years-usd-10-bn-target-el-garhy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1825.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628365\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/fdi-could-grow-by-20-25-in-fy2018-19-if-its-hits-this-years-usd-10-bn-target-el-garhy\/1825-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1825.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1825.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1825.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1825.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628364\" class=\"content-area-description single-story post-628364 post type-post status-publish format-standard has-post-thumbnail 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>FDI could grow by 20-25% in FY2018-19 if its hits this year\u2019s USD 10 bn target:<\/strong> Finance Minister Amr El Garhy expects foreign direct investment in Egypt to grow by 20-25% in FY2018-19 if the country achieves the USD 10 bn target it set for this fiscal year. \u201cAs investors see that things are improving in Egypt and that there\u2019s no fatigue in economic reform, I think we\u2019ll see more and more people coming,\u201d he tells Bloomberg TV in an interview (<a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2018-04-30\/egypt-s-el-garhy-on-financial-needs-growth-investment-video\">watch, runtime: 4:28<\/a>). \u201c[It\u2019s] a win-win situation\u2026.Investors need to come egypt to make good returns and the country needs to make use of that as well, in terms of hiring people, labor, and reducing the unemployment rate.\u201d Multinational companies are looking at Egypt as a hub for exports into other Middle Eastern and African markets, the minister says, adding that local and regional investors are also thinking along similar lines. The government is also doing its best to improve the overall environment for investors by \u201cfighting day in and day out\u201d to implement legislative and structural reforms that facilitate processes such as land availability and allocation, as well as issuing licenses and permits.<\/p>\n<p><strong>Oil, gas, and electricity will play a large role in attracting FDI, <\/strong>as the government moves to cut subsidies and create more opportunities for growth and investment in the energy market.<\/p>\n<p><strong>Subsidies have had a largely negative effect on the energy sector but whether or not the state decides to scrap fuel subsidies entirely by 2019 remains to be seen<\/strong>. \u201cWe have to make sure that whatever economics reform action that takes place balances out well with the social safety net that we push within the budget,\u201d El Garhy said. The government had <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/02\/government-to-announce-new-social-protection-measures-in-ramadan-sources-2\/\">said it would announce<\/a> a new batch of social safety measures by Ramadan, ahead of an expected increase in electricity prices in July and anticipated cut in fuel subsidies early on in FY2018-19.<\/p>\n<p><strong>Appetite for Egyptian debt remains strong as well, <\/strong>El Garhy said, particularly among European and US investors. T<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-04-30\/egypt-is-confident-23-billion-debt-inflows-won-t-flow-out\">hat is not likely to fade soon<\/a> because the \u201ctrade-off between risks and returns remains attractive\u201d (<a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2018-04-30\/egypt-s-el-garhy-on-economic-reforms-bond-issuance-rates-video\">watch, runtime: 3:42<\/a>). Debt levels are still within a safe range, despite the rise in US interest rates, which reflects \u201cbetter investor assessment of our credit risk.\u201d Egypt is planning USD 6-7 bn-worth of USD- and EUR-denominated eurobond issuances in FY2018-19, according to El Garhy. As for other currencies, El Garhy said that \u201cwe will see what\u2019s best for us,\u201d but the Asian market is not currently under consideration.<\/p>\n<p><strong>El Garhy <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/19\/how-the-economic-reforms-will-help-rein-in-debt\/\"><strong>had explained a few weeks<\/strong><\/a><strong> back how achieving a primary surplus of 2% \u201cwill help us in settling part of our debt service or the debt itself<\/strong>, even if it is a small amount\u2026It will help us reduce our addiction to debt.\u201d His full interview with the FT\u2019s Heba Saleh is now out and you can listen to it here (<a href=\"https:\/\/www.ft.com\/content\/08ee39b5-3030-458b-9b32-7dcb51a644f9\">runtime: 11:48<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628380\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628381\" 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=\"628381\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/environment-ministry-allocates-egp-70-mn-to-develop-natural-protectorates\/\">\r\n                            Environment Ministry allocates EGP 70 mn to develop natural protectorates                        <\/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\/05\/02\/environment-ministry-allocates-egp-70-mn-to-develop-natural-protectorates\/\" 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\/05\/02\/environment-ministry-allocates-egp-70-mn-to-develop-natural-protectorates\/')\">\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\/05\/02\/environment-ministry-allocates-egp-70-mn-to-develop-natural-protectorates\/\">\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=Environment Ministry allocates EGP 70 mn to develop natural protectorates&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/environment-ministry-allocates-egp-70-mn-to-develop-natural-protectorates\/\">\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\/05\/02\/environment-ministry-allocates-egp-70-mn-to-develop-natural-protectorates\/&title=Environment Ministry allocates EGP 70 mn to develop natural protectorates\">\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=Environment+Ministry+allocates+EGP+70+mn+to+develop+natural+protectorates+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F02%2Fenvironment-ministry-allocates-egp-70-mn-to-develop-natural-protectorates%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\/05\/02\/environment-ministry-allocates-egp-70-mn-to-develop-natural-protectorates\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/904.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628382\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/environment-ministry-allocates-egp-70-mn-to-develop-natural-protectorates\/904-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/904.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"904.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/904.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/904.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628381\" class=\"content-area-description single-story post-628381 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Environment Ministry has allocated EGP 70 mn to finance development of natural protectorates in Egypt<\/strong>, <a href=\"https:\/\/www.egypttoday.com\/Article\/9\/48873\/In-pics-Government-allocates-LE-70M-for-developing-nature-reserves\">according to Egypt Today<\/a>. The policy will see the government removing encroachments and addressing other damages caused by people in the Wadi Degla, Wadi El Rayan, and the Petrified Forest protectorates. The ministry is also assessing other areas in 14 districts to determine whether or not declaring them as protectorates would be viable.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628383\" 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=\"628383\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/mo-salahs-dispute-with-the-egyptian-football-association-highlights-salahs-star-power\/\">\r\n                            Mo Salah\u2019s dispute with the Egyptian Football Association highlights Salah\u2019s star power                        <\/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\/05\/02\/mo-salahs-dispute-with-the-egyptian-football-association-highlights-salahs-star-power\/\" 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\/05\/02\/mo-salahs-dispute-with-the-egyptian-football-association-highlights-salahs-star-power\/')\">\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\/05\/02\/mo-salahs-dispute-with-the-egyptian-football-association-highlights-salahs-star-power\/\">\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=Mo Salah\u2019s dispute with the Egyptian Football Association highlights Salah\u2019s star power&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/mo-salahs-dispute-with-the-egyptian-football-association-highlights-salahs-star-power\/\">\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\/05\/02\/mo-salahs-dispute-with-the-egyptian-football-association-highlights-salahs-star-power\/&title=Mo Salah\u2019s dispute with the Egyptian Football Association highlights Salah\u2019s star power\">\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=Mo+Salah%E2%80%99s+dispute+with+the+Egyptian+Football+Association+highlights+Salah%E2%80%99s+star+power+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F02%2Fmo-salahs-dispute-with-the-egyptian-football-association-highlights-salahs-star-power%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\/05\/02\/mo-salahs-dispute-with-the-egyptian-football-association-highlights-salahs-star-power\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628383\" class=\"content-area-description single-story post-628383 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Topping coverage in the international press this morning is the ongoing dispute between Mohamed Salah and the Egyptian Football Association. <\/strong>The dispute shows just how much Egyptians love and support the Liverpool winger, Hamza Hendawi and Sam Magdy write for <a href=\"https:\/\/www.washingtonpost.com\/sports\/dcunited\/commercial-dispute-showcases-salahs-star-power-in-egypt\/2018\/04\/30\/7961295e-4c80-11e8-85c1-9326c4511033_story.html?utm_term=.df114103ec40\">the Associated Press<\/a>. The footballer\u2019s statements on Twitter and Facebook expressing his frustration over the dispute with state-owned mobile network WE opened the floodgates of support from his fans. Salah\u2019s star power is also behind the \u201ctop-level\u201d political intervention to sort out the legal troubles he faces over image rights. \u201cNo sportsman in Egypt has ever commanded the adulation and respect Salah has enjoyed since joining Liverpool last year.\u201d<\/p>\n<p><strong>This is where we draw the line:<\/strong> Salah might end up bowing out of playing for Egypt\u2019s national team at the upcoming World Cup in Russia if the issue is not resolved soon, his agent reportedly suggested, <a href=\"https:\/\/www.si.com\/soccer\/2018\/04\/30\/mohamed-salahs-agent-claims-egypt-star-could-boycott-world-cup-over-image-rights-row\">according to Sports Illustrated<\/a>. Egyptian fans are getting antsy waiting for a resolution to the problem, \u201cas both Egypt and the tournament as a whole will surely be poorer without Salah.\u201d<\/p>\n<p><strong>This comes as the Liverpool star has just been voted Footballer of the Year by the Football Writers\u2019 Association (FWA)<\/strong>, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL3N1S81ZW\">Reuters reports<\/a>. \u201cMo Salah is the worthiest of winners. He is also the first African to receive the award and we congratulate him on a magnificent season,\u201d FWA Chairman Patrick Barclay said.<\/p>\n<p>Meanwhile, <strong>FIFA has given five African football federations, including Egypt\u2019s, USD 2 mn each in player bonuses ahead of the World Cup<\/strong>, <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/04\/30\/sports\/soccer\/ap-soc-wcup-african-prize-money.html\">the AP reports<\/a>. The bonuses were handed out to the Egyptian, Moroccan, Nigerian, Senegalese, and Tunisian federations in advance to preempt disputes with FIFA over the payment, according to the newswire.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628384\" 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=\"628384\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/egypt-ilo-sign-usd-3-7-mn-mou-on-capacity-building-job-creation\/\">\r\n                            Egypt, ILO sign USD 3.7 mn MoU on capacity building, job creation                        <\/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\/05\/02\/egypt-ilo-sign-usd-3-7-mn-mou-on-capacity-building-job-creation\/\" 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\/05\/02\/egypt-ilo-sign-usd-3-7-mn-mou-on-capacity-building-job-creation\/')\">\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\/05\/02\/egypt-ilo-sign-usd-3-7-mn-mou-on-capacity-building-job-creation\/\">\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, ILO sign USD 3.7 mn MoU on capacity building, job creation&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/egypt-ilo-sign-usd-3-7-mn-mou-on-capacity-building-job-creation\/\">\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\/05\/02\/egypt-ilo-sign-usd-3-7-mn-mou-on-capacity-building-job-creation\/&title=Egypt, ILO sign USD 3.7 mn MoU on capacity building, job creation\">\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+ILO+sign+USD+3.7+mn+MoU+on+capacity+building%2C+job+creation+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F02%2Fegypt-ilo-sign-usd-3-7-mn-mou-on-capacity-building-job-creation%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\/05\/02\/egypt-ilo-sign-usd-3-7-mn-mou-on-capacity-building-job-creation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628384\" class=\"content-area-description single-story post-628384 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>Egypt, ILO sign USD 3.7 mn MoU on capacity building, job creation: <\/strong>Egypt signed a MoU with the International Labor Organization (ILO) on Monday that will see them collaborate on a three-year project to support private sector and SME development through capacity building workshops, <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%85%D8%B5%D8%B1-%D9%88%D9%85%D9%86%D8%B8%D9%85%D8%A9-%D8%A7%D9%84%D8%B9%D9%85%D9%84-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A%D8%A9-%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D9%86-%D8%A8%D8%B1%D9%88%D8%AA%D9%88%D9%83%D9%88%D9%84-%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%81%D8%B1%D8%B5-%D8%B9%D9%85%D9%84-%D9%88%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AE%D8%A7%D8%B5-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-3.7-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1.aspx\">according to an Investment Ministry in a statement<\/a>. The Norwegian government will provide USD 3.7 mn in funding to the project, which will offer a number of training programs and workshops, on the organizational and individual levels, designed with the aim of better preparing labor for the job market.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628385\" 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=\"628385\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/eetc-seeks-eur-200-mn-loan-from-ebrd-for-grid-expansion\/\">\r\n                            EETC seeks EUR 200 mn loan from EBRD for grid expansion                        <\/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\/05\/02\/eetc-seeks-eur-200-mn-loan-from-ebrd-for-grid-expansion\/\" 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\/05\/02\/eetc-seeks-eur-200-mn-loan-from-ebrd-for-grid-expansion\/')\">\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\/05\/02\/eetc-seeks-eur-200-mn-loan-from-ebrd-for-grid-expansion\/\">\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=EETC seeks EUR 200 mn loan from EBRD for grid expansion&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/eetc-seeks-eur-200-mn-loan-from-ebrd-for-grid-expansion\/\">\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\/05\/02\/eetc-seeks-eur-200-mn-loan-from-ebrd-for-grid-expansion\/&title=EETC seeks EUR 200 mn loan from EBRD for grid expansion\">\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=EETC+seeks+EUR+200+mn+loan+from+EBRD+for+grid+expansion+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F02%2Feetc-seeks-eur-200-mn-loan-from-ebrd-for-grid-expansion%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\/05\/02\/eetc-seeks-eur-200-mn-loan-from-ebrd-for-grid-expansion\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628385\" class=\"content-area-description single-story post-628385 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.b5c254f3-2f09-4af0-b744-a496fdb7c747.mp3\"><\/audio><\/figure>\n<p>The European Bank for Reconstruction and Development (EBRD) is considering lending the Egyptian Electricity Transmission Company (EETC) up to EUR 200 mn for grid expansion, according to a <a href=\"http:\/\/www.ebrd.com\/work-with-us\/projects\/psd\/egypt-electricity-grid-reinforcement.html\">bank statement<\/a>. The loan will be used to finance part of EETC's plan to build and upgrade five high voltage substations in Upper Egypt, West Delta, Cairo, and Alexandria. The project aims to facilitate the integration of at least 450 MW of renewable energy capacity into the grid. The bank also says it would provide EETC and the Egyptian Electricity Utility and Consumer Protection Agency (Egyptera) with technical assistance to \u201chelp them comply with the requirements of Egypt's Electricity Law and facilitate transition to a liberalised and efficient market structure.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628387\" 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=\"628387\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/bad-weather-hindered-citrus-exports-to-china-this-year\/\">\r\n                            Bad weather hindered citrus exports to China this year                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/bad-weather-hindered-citrus-exports-to-china-this-year\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/bad-weather-hindered-citrus-exports-to-china-this-year\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/bad-weather-hindered-citrus-exports-to-china-this-year\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Bad weather hindered citrus exports to China this year&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/bad-weather-hindered-citrus-exports-to-china-this-year\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/bad-weather-hindered-citrus-exports-to-china-this-year\/&title=Bad weather hindered citrus exports to China this year\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Bad+weather+hindered+citrus+exports+to+China+this+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F02%2Fbad-weather-hindered-citrus-exports-to-china-this-year%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/bad-weather-hindered-citrus-exports-to-china-this-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628387\" class=\"content-area-description single-story post-628387 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\/.7acb8534-a00a-443c-b241-405d1645ba28.mp3\"><\/audio><\/figure>\n<p>Citrus exports to China dropped this year due to bad weather conditions, Extra Global Company\u2019s export chief Ahmed El Sayed tells <a href=\"http:\/\/www.freshplaza.com\/article\/193789\/Egypt-Mixed-results-for-our-citrus-export-season-to-China\">Fresh Plaza<\/a>. \u201cWe shipped less quantity to China than we did in previous years,\u201d he says. Egyptian citrus products have been outperforming global peers with recent projections seeing our oranges <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/09\/egypt-forecast-to-be-top-orange-exporter-for-2017-2018\/\">taking the lead<\/a> in global exports. Egypt has recently become the <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/01\/egypt-is-now-the-third-largest-exporter-of-citrus-to-china\/\">third largest exporter of citrus<\/a> products to China.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628388\" 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=\"628388\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/tanmeyah-is-in-talks-with-two-banks-for-egp-1-bn-facility\/\">\r\n                            Tanmeyah is in talks with two banks for EGP 1 bn facility                        <\/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\/05\/02\/tanmeyah-is-in-talks-with-two-banks-for-egp-1-bn-facility\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The company expects to receive the loan within four months\u2019 time.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628390\" 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=\"628390\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/morsi-qaradawi-and-aboutrika-back-on-egypts-terror-watchlist\/\">\r\n                            Morsi, Qaradawi and Aboutrika back on Egypt\u2019s terror watchlist                        <\/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\/05\/02\/morsi-qaradawi-and-aboutrika-back-on-egypts-terror-watchlist\/\" 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\/05\/02\/morsi-qaradawi-and-aboutrika-back-on-egypts-terror-watchlist\/')\">\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\/05\/02\/morsi-qaradawi-and-aboutrika-back-on-egypts-terror-watchlist\/\">\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=Morsi, Qaradawi and Aboutrika back on Egypt\u2019s terror watchlist&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/morsi-qaradawi-and-aboutrika-back-on-egypts-terror-watchlist\/\">\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\/05\/02\/morsi-qaradawi-and-aboutrika-back-on-egypts-terror-watchlist\/&title=Morsi, Qaradawi and Aboutrika back on Egypt\u2019s terror watchlist\">\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=Morsi%2C+Qaradawi+and+Aboutrika+back+on+Egypt%E2%80%99s+terror+watchlist+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F02%2Fmorsi-qaradawi-and-aboutrika-back-on-egypts-terror-watchlist%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\/05\/02\/morsi-qaradawi-and-aboutrika-back-on-egypts-terror-watchlist\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628390\" class=\"content-area-description single-story post-628390 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics 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\/.5817fdc1-52e8-414a-abb1-f2fafe4ac39e.mp3\"><\/audio><\/figure>\n<p>A Cairo Criminal Court has placed 1,529 defendants, including retired footballer Mohamed Aboutrika, deposed President Mohamed Morsi, and preacher Yusuf al-Qaradawi, back on the terror list for another five years, <a href=\"https:\/\/www.egypttoday.com\/Article\/1\/49048\/Aboutrika-MB-placed-on-terror-list-for-5-more-years\">Egypt Today reports<\/a>. The court also ruled in favor of freezing their assets over allegations of connections to the outlawed Ikhwan group. This comes only days after the Supreme Administrative Court upheld a previous ruling to unfreeze Aboutrika\u2019s assets.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/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=\"628391\" 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=\"628391\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/egypts-chicken-hatcheries-could-be-a-hotbed-of-antibiotic-resistant-bacteria\/\">\r\n                            Egypt\u2019s chicken hatcheries could be a hotbed of antibiotic resistant bacteria                        <\/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\/05\/02\/egypts-chicken-hatcheries-could-be-a-hotbed-of-antibiotic-resistant-bacteria\/\" 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\/05\/02\/egypts-chicken-hatcheries-could-be-a-hotbed-of-antibiotic-resistant-bacteria\/')\">\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\/05\/02\/egypts-chicken-hatcheries-could-be-a-hotbed-of-antibiotic-resistant-bacteria\/\">\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\u2019s chicken hatcheries could be a hotbed of antibiotic resistant bacteria&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/egypts-chicken-hatcheries-could-be-a-hotbed-of-antibiotic-resistant-bacteria\/\">\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\/05\/02\/egypts-chicken-hatcheries-could-be-a-hotbed-of-antibiotic-resistant-bacteria\/&title=Egypt\u2019s chicken hatcheries could be a hotbed of antibiotic resistant bacteria\">\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%E2%80%99s+chicken+hatcheries+could+be+a+hotbed+of+antibiotic+resistant+bacteria+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F02%2Fegypts-chicken-hatcheries-could-be-a-hotbed-of-antibiotic-resistant-bacteria%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\/05\/02\/egypts-chicken-hatcheries-could-be-a-hotbed-of-antibiotic-resistant-bacteria\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628391\" class=\"content-area-description single-story post-628391 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><strong>Chicken hatcheries in Egypt could be a hotbed of bacteria that is resistant to antibiotics<\/strong>, <a href=\"http:\/\/www.downtoearth.org.in\/news\/chicken-hatcheries-in-egypt-serving-as-breeding-grounds-for-antibiotic-resistance-60357\">Down To Earth reports<\/a>. This phenomenon \u201ccan be a major contributor to the environmental burden of antibiotic resistant genes posing an eminent threat to poultry and human health,\u201d according to Caio University microbiology professor Kamelia Osman. Antibiotic resistance in bacteria is on the rise in low- and moderate-income countries including Egypt, Osman says, which she attributes to \u201cthe very liberal and uncontrolled use of antibiotics, to an extent that it is becoming a threat to medical and veterinary treatment efficacy.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628392\" 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=\"628392\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/628392\/\">\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\/05\/02\/628392\/\" 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\/05\/02\/628392\/')\">\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\/05\/02\/628392\/\">\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\/05\/02\/628392\/\">\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\/05\/02\/628392\/&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%2F05%2F02%2F628392%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\/05\/02\/628392\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628392\" class=\"content-area-description single-story post-628392 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 17.61 | Sell 17.71<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.58 | Sell 17.68<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.57 | Sell 17.67<\/p>\n<p><strong>EGX30<\/strong> (Monday): 18,296 (-0.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.9 bn (64% ABOVE the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +21.8%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session down 0.1%. CIB, the index heaviest constituent ended up 0.1%. EGX30\u2019s top performing constituents were Telecom Egypt up 3.5%, Egyptian Iron & Steel up 3.1%, and Eastern Co. up 2.5%. Monday\u2019s worst performing stocks were Orascom Telecom Media & Technology down 4.4%, ACC down 4.1%, and Qalaa Holdings down 3.2%. The market turnover was EGP 1.9 bn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +46.0 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +81.3 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -127.3 mn<\/p>\n<p><strong>Retail<\/strong>: 67.0% of total trades | 67.5% of buyers | 66.5% of sellers<br \/>\n <strong>Institutions<\/strong>: 33.0% of total trades | 32.5% of buyers | 33.5% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 19.3% of total | 20.5% of buyers | 18.1% of sellers<br \/>\n <strong>Regional: <\/strong>20.0% of total | 22.2% of buyers | 17.9% of sellers<br \/>\n <strong>Domestic:<\/strong> 60.7% of total | 57.3% of buyers | 64.0% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 67.43 (+0.27%)<br \/>\n <strong>Brent:<\/strong> USD 73.22 (+0.12%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.80 MMBtu, (0.00%, June 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,307.50 \/ troy ounce (+0.05%)<\/p>\n<p><strong>TASI:<\/strong> 8,158.06 (-0.62%) (YTD: +12.89%)<br \/>\n <strong>ADX:<\/strong> 4,673.31 (+0.08%) (YTD: +6.25%)<br \/>\n <strong>DFM:<\/strong> 3,030.75 (-1.15%) (YTD: -10.07%)<br \/>\n <strong>KSE Premier Market:<\/strong> 4,781.38 (+0.06%)<br \/>\n <strong>QE:<\/strong> 9,014.32 (-1.07%) (YTD: +5.76%)<br \/>\n <strong>MSM:<\/strong> 4,731.27 (+0.05%) (YTD: -7.22%)<br \/>\n <strong>BB: <\/strong>1,257.88 (-0.39%) (YTD: -5.54%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628393\" 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\/05\/02\/628393\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628393\" class=\"content-area-description single-story post-628393 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>02-03 May (Wednesday-Thursday): Cisco Connect Egypt 2018, Nile Ritz-Carlton Hotel, Cairo.<\/p>\n<p>03 May (Thursday): Egypt\u2019s Emirates NBD PMI reading for April released.<\/p>\n<p>4-6 May 2018 (Friday-Sunday): International Conference on Network Technology (ICNT 2018), venue TBD, Cairo.<\/p>\n<p>05-06 May (Saturday-Sunday): Inclusive Growth and Job Creation Conference, venue TBD, Cairo.<\/p>\n<p>07 May (Monday): American Chambers of Commerce (AmCham) will be holding its fifth annual HR Day at the Four Seasons Nile Plaza, Plaza Ballroom.<\/p>\n<p>08 May (Tuesday): The Egyptian embassy in London will be hosting a \u201cMade in Egypt\u201d gala exhibit event.<\/p>\n<p>07 May (Monday): International Data Corporation\u2019s CIO Summit, The Nile Ritz-Carlton Hotel, Cairo.<\/p>\n<p>07-08 May (Monday-Tuesday): Fourth annual Egypt CSR Forum, InterContinental Semiramis Hotel, Cairo.<\/p>\n<p>17 May (Thursday): Expected date for the start of Ramadan.<\/p>\n<p>17 May (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>15-17 June (Friday-Sunday): Eid Al Fitr (TBC), national holiday (Look for possible Monday off given the first day falls on a Friday).<\/p>\n<p>28 June (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/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): Euromoney Egypt Conference 2018, Cairo.<\/p>\n<p>11 September (Tuesday): Islamic New Year (TBC), national holiday.<\/p>\n<p>24-25 September (Monday-Tuesday): Egypt Water Desalination Forum, 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): Intelligent Cities Exhibition & Conference 2018, 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>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\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":628356,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-628355","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"1e9b495f-4361-47fe-93d1-267b6f93cb5d","teaser":"","photo_url":"https:\/\/ent.news\/2016\/3\/30.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>FDI could hit 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