{"id":628403,"date":"2018-05-03T04:07:56","date_gmt":"2018-05-03T04:07:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=628403"},"modified":"2025-12-17T10:18:46","modified_gmt":"2025-12-17T10:18:46","slug":"job-platforms-wuzzuf-and-forsana-raise-usd-6-mn-series-b-round","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/job-platforms-wuzzuf-and-forsana-raise-usd-6-mn-series-b-round\/","title":{"rendered":"Job platforms Wuzzuf and Forsana raise USD 6 mn Series B round"},"content":{"rendered":"<section id=\"628405\" 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=\"628405\">\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\/03\/what-were-tracking-on-03-may-2018\/\">\r\n                            What we\u2019re tracking on 03 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\/03\/what-were-tracking-on-03-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\/03\/what-were-tracking-on-03-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\/03\/what-were-tracking-on-03-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 03 May 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/what-were-tracking-on-03-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\/03\/what-were-tracking-on-03-may-2018\/&title=What we\u2019re tracking on 03 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+03+May+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Fwhat-were-tracking-on-03-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\/03\/what-were-tracking-on-03-may-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628405\" class=\"content-area-description single-story post-628405 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 PMI Day:<\/strong> The Emirates NBD Egypt PMI reading for April comes out this morning. <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/PressReleases?language=en\">You\u2019ll find it here<\/a> once it lands. <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/04\/pmi-dips-unexpectedly-in-march\/\">March\u2019s reading<\/a> dipped unexpectedly, coming in at 49.2.<\/p><p><strong>The Central Bank of Egypt should release foreign reserves figures<\/strong> some time between today and early next week.<\/p><p><strong>Inflation numbers should come out on or about 10 May<\/strong>. This month is all the more significant as the central bank\u2019s Monetary Policy Committee will meet on 17 May to set interest rates.<\/p><p><strong>Did you plough cash into high-yielding CDs after the devaluation? It\u2019s payment time: <\/strong>Banks that have issued high-yielding, 20%+ interest certificates of deposit following the November 2016 devaluation began paying on Wednesday, <a href=\"https:\/\/dbonfrdgauzmg.cloudfront.net\/news\/details\/1287005\">Al Masry Al Youm reports<\/a>. Officials from the National Bank of Egypt and Banque Misr \u2014 which together hold 45% of the EGP 550 bn in CDs out there \u2014 tell the newspaper that they are ready to meet payments. Banks stopped issuing the 20% CDs back in February.<\/p><p><strong>Is Egypt seriously considering Trump\u2019s \u201cArab force\u201d in Syria?<\/strong> Setting up an an Arab military force that would cover America\u2019s withdrawal after defeat of the Daeshbags in Syria is under consideration among the nations invited to partake in the initiative, Foreign Minister Sameh Shoukry reportedly said at a workshop on Wednesday, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=02052018&amp;id=182dc15a-d9c0-422a-8ef0-c8f0c57d5ff8\">Al Shorouk reports<\/a>. He made sure to note that the initiative \u2014 <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/17\/trump-administration-wants-egypt-gcc-to-send-troops-to-syria-to-cover-us-withdrawal\/\">proposed by US President Donald Trump last month<\/a> \u2014 would need significant preparation and consideration before any decision is made. Trump\u2019s new national security advisor called acting intelligence chief Abbas Kamel last month \u201cto see if Cairo would contribute to the effort.\u201d<\/p><p>Further afield this morning:<\/p><p><strong>The US Federal Reserve left interest rates unchanged yesterday<\/strong> and seems on track to raise rates next in June as it said that \u201ca recent rise in inflation to near the U.S. central bank\u2019s target\u201d looks sustainable, <a href=\"https:\/\/www.reuters.com\/article\/us-usa-fed\/fed-keeps-interest-rates-unchanged-says-inflation-near-target-idUSKBN1I32K3\">Reuters reports<\/a>.<\/p><p><strong>Required reading for anyone planning a merger or acquisition:<\/strong> <a href=\"https:\/\/www.wsj.com\/articles\/a-megadeal-joined-sharpie-markers-and-crock-pots-what-could-go-wrong-a-lot-1525280516\">A megadeal joined Sharpie markers and Crock-Pots. What could go wrong? A lot.<\/a> The Wall Street Journal presents a cautionary tale of how a USD 15 bn acquisition that brought together Elmer\u2019s glue, Sharpies, Graco strollers, Rawlings baseball gloves and Bicycle playing cards became a \u201ccase study of the ways a megadeal can go bad.\u201d<\/p><p><strong>Required reading for anyone tempted to diss sell-side analysts:<\/strong> Elon Musk dismissed an analyst\u2019s questions as \u201cso dry, they\u2019re killing me,\u201d then promptly cut off another who was asking about a capital requirement. Investors were unimpressed, Reuters writes, \u201cgiving a rare rebuke\u201d to the \u201ciconoclastic\u201d Tesla CEO by \u201csending shared down 5% despite promises that production of the troubled Model 3 electric car was on track,\u201d <a href=\"https:\/\/www.reuters.com\/article\/us-tesla-results\/the-price-of-cutting-off-analysts-for-tesla-its-2-billion-idUSKBN1I32UC\">Reuters reports<\/a>.<\/p><p><strong>Required reading for all Egyptians:<\/strong> <a href=\"https:\/\/www.ft.com\/content\/b9bac89a-4a49-11e8-8ee8-cae73aab7ccb\">How Cape Town beat the drought<\/a> in the Financial Times. The pitch: \u201cThe city was on the verge of becoming the first major urban centre to run out of water but has averted the crisis. But for how long, and at what cost, in a divided country?\u201d<\/p><p><strong>Goldman Sachs promises it\u2019s going to be very, very careful with its foray into consumer lending<\/strong> as CEO Lloyd Blankfein tried to \u201cease concerns among shareholders\u201d that the firm \u201cmay be ploughin into consumer credit at the wrong point in the cycle,\u201d the <a href=\"https:\/\/www.ft.com\/content\/d5531ba6-4e23-11e8-a7a9-37318e776bab\">FT reports<\/a>.<\/p><p><strong>Bloomberg wants you to pay to read its redesigned website. <\/strong>Its editor-in-chief, former Economist boss John Micklethwait, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-02\/editor-in-chief-john-mickelthwait-on-new-bloomberg-redesign\">explains why<\/a>. We don\u2019t like the redesign, but we suppose we\u2019ll be shelling out for the subscription.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Simon Kucher &amp; Partners opens office in Cairo: <\/strong>Our friends <a href=\"https:\/\/www.linkedin.com\/in\/martin-janzen-62832a8\/\">Martin Janzen<\/a> and <a href=\"https:\/\/www.linkedin.com\/in\/sara-shenouda-5296b847\/\">Sara Shenouda<\/a> formally opened yesterday the Cairo office of Simon Kucher &amp; Partners, the global consultancy that focuses on what it calls \u201cTopLine Power\u201d \u2014 helping clients profitably grow their revenues. We\u2019ve intersected with Sara and Martin primary on the banking and finance beat at our parent company, Inktank Communications, and have found them impressive. We recently enjoyed meeting their CEO, Georg Tacke, in Dubai, and we\u2019ll be introducing you folks to him in an interview soon. In the meantime, <a href=\"https:\/\/www.simon-kucher.com\/en\/blog\">Simon Kucher\u2019s blog<\/a> is worth checking out. It\u2019s a too-rare example of a company doing well at sharing knowledge as a teaser to prompt you to engage with them. Joining Martin and Sara at the Cairo office are Aly Khattab, Youssef Yakout and Sherine Soliman.<\/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=\"628406\" 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 !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-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\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-4m89a1s\" data-v=\"4\" data-block-id=\"4m89a1s\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-4m89a1s-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-4m89a1s-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" 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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-eg7b6ct\" data-v=\"4\" data-block-id=\"eg7b6ct\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-eg7b6ct-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-eg7b6ct-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 class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/on-the-horizon-19\/&title=On the horizon\">\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=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Fon-the-horizon-19%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\/03\/on-the-horizon-19\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628407\" class=\"content-area-description single-story post-628407 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>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>. Ethiopian Prime Minister Abiy Ahmed also arrived in Khartoum yesterday to meet with Sudanese President Omar Al Bashir and discuss the dam and other economic issues, <a href=\"http:\/\/www.xinhuanet.com\/english\/2018-05\/02\/c_137151771.htm\">Xinhua reports<\/a>.<\/p>\n<p><strong>Our friends at AmCham will be holding their fifth annual HR Day on Monday, 7 May<\/strong>. The gathering 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 leading Egyptian designers, is sponsored by Mr & Mrs Samih Sawiris, CIB, Edita, EgyptAir, Palm Hills, Ramsco and SODIC.<\/p>\n<p><strong>Contracts for the Russian Industrial Zone (RIZ) should be signed at the end of May<\/strong>, Russia\u2019s Deputy Industry and Trade Minister Georgy Kalmanov <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.<\/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<\/a>House Planning Committee member Rep. 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\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=\"628408\" 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=\"628408\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/talking-heads-remain-occupied-with-plans-to-revamp-the-countrys-education-system\/\">\r\n                            Talking heads remain occupied with plans to revamp the country\u2019s education system                        <\/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\/03\/talking-heads-remain-occupied-with-plans-to-revamp-the-countrys-education-system\/\" 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\/03\/talking-heads-remain-occupied-with-plans-to-revamp-the-countrys-education-system\/')\">\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\/03\/talking-heads-remain-occupied-with-plans-to-revamp-the-countrys-education-system\/\">\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=Talking heads remain occupied with plans to revamp the country\u2019s education system&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/talking-heads-remain-occupied-with-plans-to-revamp-the-countrys-education-system\/\">\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\/03\/talking-heads-remain-occupied-with-plans-to-revamp-the-countrys-education-system\/&title=Talking heads remain occupied with plans to revamp the country\u2019s education system\">\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=Talking+heads+remain+occupied+with+plans+to+revamp+the+country%E2%80%99s+education+system+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Ftalking-heads-remain-occupied-with-plans-to-revamp-the-countrys-education-system%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\/03\/talking-heads-remain-occupied-with-plans-to-revamp-the-countrys-education-system\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628408\" class=\"content-area-description single-story post-628408 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Plans to revamp the country\u2019s education system continued to capture the talking heads\u2019 attention<\/strong> last night on an otherwise humdrum evening.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Education Minister Tarek Shawky quelled Amr Adib\u2019s concerns about plans to teach subjects in English across public middle schools<\/strong>, which Adib thinks would prove to be too challenging for students. Students will be taught in both English and Arabic throughout elementary school to give them a solid linguistic foundation by the time they reach middle school, Shawky said. The new system will allow public schools to be on par with their private counterparts, the minister ambitiously claimed (<a href=\"https:\/\/www.youtube.com\/watch?v=rPO0Dpfes0Q&t=5s\">watch, runtime: 18:37<\/a>).<\/p>\n<p><strong>Shawky\u2019s appearance came as the nation\u2019s columnists whined that he\u2019s moving too fast with the implementation of the K-12 education system. <\/strong>Al Ahram\u2019s <a href=\"http:\/\/www.ahram.org.eg\/News\/202634\/11\/649366\/%D8%A7%D9%84%D8%A7%D8%B9%D9%85%D8%AF%D8%A9\/%D8%A8%D9%8A%D9%86-%D8%A7%D9%84%D9%88%D8%B2%D9%8A%D8%B1-%D9%88%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8.aspx\">Salah Montaser<\/a> argues the rollout should start only with the first year of kindergarten pending further discussion. Al Shorouk\u2019s <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=02052018&id=64a0576f-068b-40b2-a813-836510f6d115\">Ashraf El Barbary<\/a> also took a potshot at the minister, saying curriculum reform should come at the same time as investment in infrastructure, the hiring of new teachers \u2014 and a driver to explain to parents why the reforms matter in the first place.<\/p>\n<p><strong>As for higher education, several international universities are expected to set up branches in Egypt by the end of next year<\/strong>, including Carleton University and the University of Prince Edward Island, both from Canada, according to Higher Education Minister Khaled Abdel Ghaffar. If the House is quick enough to pass a draft law allowing foreign universities to set up shop in Egypt (which the Ismail Cabinet approved yesterday), the first phase of Toronto\u2019s York University could open its doors as early as October 2018, Abdel Ghaffar told Masaa DMC\u2019s Osama Kamal (<a href=\"https:\/\/www.youtube.com\/watch?v=BlHCugJLT00\">watch, runtime: 8:35<\/a>).<\/p>\n<p>Meanwhile, <strong>the idea of integrating Al Azhar\u2019s teachings with the public education system<\/strong> was the topic of discussion between MP Mohamed Abu Hamed and Al Azhar\u2019s Islamic Research Academy member Mohamed Al Shahat on Al Hayah Al Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=MeE_dr1xKdw&t=1177s\">watch, runtime: 42:22<\/a>).<\/p>\n<p><strong>Last night\u2019s edition of the CIB-sponsored Hona Al Shabab was dedicated entirely to fintech startups<\/strong>, which doubled the prize money to EGP 200k for first-place winner 7aweshly. YallaPay and Vapulus came in second and third place, respectively (<a href=\"https:\/\/www.facebook.com\/cbc.HonaAl3asema\/videos\/615101232157190\/\">watch, runtime: 3:15<\/a>).<\/p>\n<p><strong>Also last night:<\/strong> The Supply Ministry\u2019s decision to <strong>raise the price of rice<\/strong> purchased from the private sector to EGP 6,300 per tonne from EGP 6,100 per tonne (<a href=\"https:\/\/www.youtube.com\/watch?v=BqrouXtvjXE\">watch, runtime: 5:19<\/a>); an Agriculture Ministry spokesman vehemently denied rumors that<strong> pesticide-contaminated watermelons<\/strong> are currently in the market (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/577287292649581\/\">watch, runtime: 3:28<\/a>); and the Prosecutor General\u2019s <strong>investigation into last week\u2019s flooding<\/strong> of New Cairo (<a href=\"https:\/\/www.youtube.com\/watch?v=gAPafZNeofY\">watch, runtime: 7:21<\/a>) and (<a href=\"https:\/\/www.youtube.com\/watch?v=O1jBP_KXNe8\">watch, runtime: 8:36<\/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=\"628409\" 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=\"628409\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/imfs-regional-economic-outlook-sees-gas-production-propping-up-egypts-gdp-growth\/\">\r\n                            IMF\u2019s regional economic outlook sees gas production propping up Egypt\u2019s GDP growth                        <\/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\/03\/imfs-regional-economic-outlook-sees-gas-production-propping-up-egypts-gdp-growth\/\" 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\/03\/imfs-regional-economic-outlook-sees-gas-production-propping-up-egypts-gdp-growth\/')\">\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\/03\/imfs-regional-economic-outlook-sees-gas-production-propping-up-egypts-gdp-growth\/\">\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=IMF\u2019s regional economic outlook sees gas production propping up Egypt\u2019s GDP growth&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/imfs-regional-economic-outlook-sees-gas-production-propping-up-egypts-gdp-growth\/\">\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\/03\/imfs-regional-economic-outlook-sees-gas-production-propping-up-egypts-gdp-growth\/&title=IMF\u2019s regional economic outlook sees gas production propping up Egypt\u2019s GDP growth\">\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=IMF%E2%80%99s+regional+economic+outlook+sees+gas+production+propping+up+Egypt%E2%80%99s+GDP+growth+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Fimfs-regional-economic-outlook-sees-gas-production-propping-up-egypts-gdp-growth%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\/03\/imfs-regional-economic-outlook-sees-gas-production-propping-up-egypts-gdp-growth\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2646.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628410\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/imfs-regional-economic-outlook-sees-gas-production-propping-up-egypts-gdp-growth\/2646-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2646.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2646.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2646.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2646.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628409\" class=\"content-area-description single-story post-628409 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>Rising natural gas production in Egypt will help bump GDP growth to 5.2% this year and 5.5% in 2019<\/strong>, the IMF said in its <a href=\"http:\/\/www.imf.org\/en\/Publications\/REO\/MECA\/Issues\/2018\/04\/24\/mreo0518\">Regional Economic Outlook May 2018 report<\/a>. \u201cThe outlook for Egypt has improved relative to the October 2017 forecast. In the context of its IMF-supported program, improving confidence is boosting private consumption and investment, adding to the increase in exports and tourism.\u201d This forecast puts Egypt ahead of most other net oil importers in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region, which the report expects to record growth rates between 1.5% and 4.5% this year. Across MENAP, <strong>Pakistan alone outstrips Egypt with an estimated GDP growth rate of 5.6% this year.<\/strong><\/p>\n<p><strong>Debt levels remain high in Egypt<\/strong>, the report notes, with significant debt-service burdens that \u201ccrowd out growth-enhancing expenditures.\u201d Tightening monetary policies in high-deficit countries including Egypt are expected to drive up financing costs and further increase the debt burden, according to the report.<\/p>\n<p><strong>Growing economies aren\u2019t creating jobs fast enough to make a dent in youth unemployment:<\/strong> Growth levels across the region \u201cremain too low to effectively reduce unemployment, particularly for young people.\u201d According to the report, oil-importing countries \u2014 including Egypt, Jordan, Lebanon, Morocco, and Syria \u2014 must reach growth levels of 6.2% just to keep unemployment at its current average of 10%.<\/p>\n<p><strong>For Egypt, this means creating 700k to 1 mn new jobs every year<\/strong>, which is only attainable with private sector involvement, the IMF\u2019s Middle East & Central Asia Department Director Jihad Azour <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/05\/02\/world\/middleeast\/ap-ml-imf-mideast-unemployment-.html\">tells the Associated Press<\/a>. \u201cAllow the private sector to be in the leading role and for the state to move from being an operator to an enabler, and give more room for the private sector to invest,\u201d he said.<\/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=\"628425\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628426\" 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=\"628426\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/egypts-muhammed-mustafa-named-one-of-2018s-200-best-illustrators-worldwide\/\">\r\n                            Egypt\u2019s Muhammed Mustafa named one of 2018\u2019s 200 Best Illustrators Worldwide                        <\/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\/03\/egypts-muhammed-mustafa-named-one-of-2018s-200-best-illustrators-worldwide\/\" 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\/03\/egypts-muhammed-mustafa-named-one-of-2018s-200-best-illustrators-worldwide\/')\">\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\/03\/egypts-muhammed-mustafa-named-one-of-2018s-200-best-illustrators-worldwide\/\">\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 Muhammed Mustafa named one of 2018\u2019s 200 Best Illustrators Worldwide&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/egypts-muhammed-mustafa-named-one-of-2018s-200-best-illustrators-worldwide\/\">\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\/03\/egypts-muhammed-mustafa-named-one-of-2018s-200-best-illustrators-worldwide\/&title=Egypt\u2019s Muhammed Mustafa named one of 2018\u2019s 200 Best Illustrators Worldwide\">\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+Muhammed+Mustafa+named+one+of+2018%E2%80%99s+200+Best+Illustrators+Worldwide+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Fegypts-muhammed-mustafa-named-one-of-2018s-200-best-illustrators-worldwide%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\/03\/egypts-muhammed-mustafa-named-one-of-2018s-200-best-illustrators-worldwide\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1681.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628427\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/egypts-muhammed-mustafa-named-one-of-2018s-200-best-illustrators-worldwide\/1681-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1681.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1681.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1681.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1681.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628426\" class=\"content-area-description single-story post-628426 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>Egyptian visual artist Muhammad Mustafa was named as one of 2018\u2019s 200 best illustrators worldwide <\/strong>by L\u00fcrzer's Archive magazine,<a href=\"http:\/\/nilefm.com\/article\/1332\/egyptian-selected-to-be-one-of-2018-s-200-best-illustrators-worldwide-in-archive\">Nile FM reports<\/a>. Also known as <a href=\"https:\/\/www.facebook.com\/muIllustration\/\">Oracle Ostraca<\/a>, Mustafa was selected for four of his illustrations, including \u201cAmerican Muslim,\u201d which features professional boxer and activist Mohamed Ali. His other illustration, made for a novel by Essam Mansour titled \u201cThe Journey of the Samovar,\u201d was also selected by Spectrum 25: The Best in Contemporary Fantastic Art as one of the year's best artworks.<\/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=\"628428\" 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=\"628428\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/egypt-retrieves-14-artifacts-seized-by-cypriot-authorities\/\">\r\n                            Egypt retrieves 14 artifacts seized by Cypriot authorities                        <\/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\/03\/egypt-retrieves-14-artifacts-seized-by-cypriot-authorities\/\" 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 Director of the Cypriot Department of Antiquities, Marina Solomidou, handed over over the smuggled pieces to the Egyptian authorities after they were seized in Nicosia. Interpol had informed Egypt of the objects' seizure in 2017, the ministry said, adding that it ultimately succeeded \"through diplomatic and legal efforts\" to prove its ownership of these artefacts. <a href=\"https:\/\/www.news24.com\/Africa\/News\/cyprus-hands-egypt-ancient-artefacts-stolen-in-1980s-20180501\">AFP<\/a> and <a href=\"http:\/\/www.xinhuanet.com\/english\/2018-05\/02\/c_137149691.htm\">Xinhua<\/a> also have coverage.<\/p>\n<p><strong>Palestinian President Mahmoud Abbas has said he rejected an offer by deposed president Mohamed Morsi to settle Palestinians in part of Sinai,<\/strong> <a href=\"https:\/\/english.alarabiya.net\/en\/News\/middle-east\/2018\/05\/02\/Abbas-says-he-rejected-an-offer-by-Mursi-to-settle-Palestinians-in-Sinai.html\">Al Arabiya English reports<\/a>. The offer, discussed by Hamas and Israel years ago, was \u201can Israeli project dubbed Giora Eiland and aims to completely put an end to the Palestinian cause,\u201d he said while addressing the Palestinian National Council in Ramallah. The Israeli plan would have taken 1,000 km from Sinai, making Gaza three times larger than its current area of 365 sqkm, says military expert Major-General Hussam Soueilam. In return, Egypt would be compensated with an equal area from Israeli lands southwest of Negev.<\/p>\n<p><strong>Anti-poverty NGO <\/strong><a href=\"https:\/\/www.globalcitizen.org\/en\/\"><strong>Global Citizen<\/strong><\/a><strong> has cut ties with communications consultancy APCO Worldwide because of the latter\u2019s work with the Egyptian government<\/strong>, <a href=\"https:\/\/www.prweek.com\/article\/1463554\/nonprofit-global-citizen-drops-apco-worldwide-egypt-work\">PR Week reports<\/a>. The news propmpted an APCO spokesperson to note that the company no longer represents Egypt: \u201cOur work in supporting the US-Egypt partnership was contracted through the recent Egyptian election and we have concluded our work.\u201d<\/p>\n<p>Other stories on Egypt in the foreign press worth noting:<\/p>\n<ul>\n<li>The US sees greater benefit in embracing Egypt\u2019s leadership rather than berating it over human rights concerns, Doug Bandow <a href=\"http:\/\/nationalinterest.org\/blog\/the-buzz\/why-washington-turns-blind-eye-egypts-thugocracy-25630?page=show\">writes for National Interest<\/a>.<\/li>\n<li>Formerly jailed Al Jazeera English journalists Peter Greste, Mohamed Fahmy, and Baher Mohamed stand in solidarity with journalists imprisoned in Turkey, they <a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2018\/05\/jailing-journalists-from-egypt-to-turkey\/\">tell Amnesty International<\/a>.<\/li>\n<li><a href=\"https:\/\/www.ndtv.com\/world-news\/cairo-women-take-to-the-american-football-field-1844993\">NDTV takes a look<\/a> at Egypt\u2019s women\u2019s flag football league, which has grown to include eight clubs since its establishment in 2016.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628430\" 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=\"628430\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/shoukry-heads-to-juba-today-for-splm-meeting\/\">\r\n                            Shoukry heads to Juba today for SPLM meeting                        <\/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\/03\/shoukry-heads-to-juba-today-for-splm-meeting\/\" 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\/03\/shoukry-heads-to-juba-today-for-splm-meeting\/')\">\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\/03\/shoukry-heads-to-juba-today-for-splm-meeting\/\">\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=Shoukry heads to Juba today for SPLM meeting&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/shoukry-heads-to-juba-today-for-splm-meeting\/\">\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\/03\/shoukry-heads-to-juba-today-for-splm-meeting\/&title=Shoukry heads to Juba today for SPLM meeting\">\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=Shoukry+heads+to+Juba+today+for+SPLM+meeting+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Fshoukry-heads-to-juba-today-for-splm-meeting%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\/03\/shoukry-heads-to-juba-today-for-splm-meeting\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628430\" class=\"content-area-description single-story post-628430 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>Foreign Minister Sameh Shoukry is heading to Juba today<\/strong> to attend a meeting of the South Sudan Liberation Movement's (SPLM) National Liberation Council, according to a <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1992853527453250\">ministry statement<\/a>. The invitation was extended to African leaders who are guarantors of the Arusha accord for the movement's reunification, and ending the civil war in South Sudan, the statement read.<\/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=\"628432\" 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=\"628432\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/expect-delays-in-the-in-management-maintenance-tender-for-siemens-plants\/\">\r\n                            Expect delays in the in management, maintenance tender for Siemens plants                        <\/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\/03\/expect-delays-in-the-in-management-maintenance-tender-for-siemens-plants\/\" 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\/03\/expect-delays-in-the-in-management-maintenance-tender-for-siemens-plants\/')\">\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\/03\/expect-delays-in-the-in-management-maintenance-tender-for-siemens-plants\/\">\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=Expect delays in the in management, maintenance tender for Siemens plants&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/expect-delays-in-the-in-management-maintenance-tender-for-siemens-plants\/\">\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\/03\/expect-delays-in-the-in-management-maintenance-tender-for-siemens-plants\/&title=Expect delays in the in management, maintenance tender for Siemens plants\">\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=Expect+delays+in+the+in+management%2C+maintenance+tender+for+Siemens+plants+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Fexpect-delays-in-the-in-management-maintenance-tender-for-siemens-plants%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\/03\/expect-delays-in-the-in-management-maintenance-tender-for-siemens-plants\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628432\" class=\"content-area-description single-story post-628432 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\/.461d770c-a0f0-4174-9955-f1628f3fe964.mp3\"><\/audio><\/figure>\n<p>The Egyptian Electricity Holding Company (EEHC) wants to amend the tender to or the day-to-day management and maintenance of the three Siemens combined-cycle power plants. The EEHC is reportedly looking to ensure that smaller companies bidding on the tender have financial backing from a bank. The EEHC also wants the offers presented to be the opening position for further negotiations in order to obtain better terms, <a href=\"https:\/\/alborsanews.com\/2018\/05\/02\/1102441\">sources said<\/a>. The EEHC has shortlisted four out of seven companies and consortia, including Siemens, an Orascom-ADERA Energy consortium, an Elsewedy-EDF consortium, a STEAG GmbH-PGESCo consortium, a Triangle-GD France consortium, Korea\u2019s Doosan, and Japan\u2019s Mitsubishi. The ministry was <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/22\/eehc-to-select-winning-bids-in-management-maintenance-tender-for-siemens-plants-in-may\/\">supposed to select the winning companies this month<\/a>. The three fully-commissioned plants are also expected to be inaugurated next month with a combined production output of 14.4 GW.<\/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=\"628433\" 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=\"628433\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/govt-increases-rice-cultivation-area-by-100k-feddans-but-only-using-treated-wastewater\/\">\r\n                            Gov\u2019t increases rice cultivation area by 100k feddans but only using treated wastewater                        <\/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\/03\/govt-increases-rice-cultivation-area-by-100k-feddans-but-only-using-treated-wastewater\/\" 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\/03\/govt-increases-rice-cultivation-area-by-100k-feddans-but-only-using-treated-wastewater\/')\">\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\/03\/govt-increases-rice-cultivation-area-by-100k-feddans-but-only-using-treated-wastewater\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t increases rice cultivation area by 100k feddans but only using treated wastewater&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/govt-increases-rice-cultivation-area-by-100k-feddans-but-only-using-treated-wastewater\/\">\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\/03\/govt-increases-rice-cultivation-area-by-100k-feddans-but-only-using-treated-wastewater\/&title=Gov\u2019t increases rice cultivation area by 100k feddans but only using treated wastewater\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+increases+rice+cultivation+area+by+100k+feddans+but+only+using+treated+wastewater+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Fgovt-increases-rice-cultivation-area-by-100k-feddans-but-only-using-treated-wastewater%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\/03\/govt-increases-rice-cultivation-area-by-100k-feddans-but-only-using-treated-wastewater\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628433\" class=\"content-area-description single-story post-628433 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\/.a578ed19-dbb2-4497-a730-cace7e709c8c.mp3\"><\/audio><\/figure>\n<p>The Irrigation and Agriculture Ministries have agreed to increase the area allocated for growing rice by 100k feddans this season, but only if the expanse is irrigated with treated wastewater, senior Irrigation Ministry officials <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=02052018&id=787edf35-20c4-4498-a8e8-74787d32b8e0\">tell Al Shorouk<\/a>. The decision brings the total area of rice cultivation to 824k feddans, he adds. This comes as the government clamps down on the cultivation of water-intensive crops through the recently-passed <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/23\/govt-gets-sharper-teeth-against-unsustainable-agriculture-practices\/\">amendments to the Agriculture Act<\/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\/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=\"628434\" 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=\"628434\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/damietta-furniture-city-to-issue-phase-two-tenders-in-june\/\">\r\n                            Damietta Furniture City to issue phase two tenders in June                        <\/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\/03\/damietta-furniture-city-to-issue-phase-two-tenders-in-june\/\" 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\/03\/damietta-furniture-city-to-issue-phase-two-tenders-in-june\/')\">\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\/03\/damietta-furniture-city-to-issue-phase-two-tenders-in-june\/\">\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=Damietta Furniture City to issue phase two tenders in June&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/damietta-furniture-city-to-issue-phase-two-tenders-in-june\/\">\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\/03\/damietta-furniture-city-to-issue-phase-two-tenders-in-june\/&title=Damietta Furniture City to issue phase two tenders in June\">\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=Damietta+Furniture+City+to+issue+phase+two+tenders+in+June+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Fdamietta-furniture-city-to-issue-phase-two-tenders-in-june%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\/03\/damietta-furniture-city-to-issue-phase-two-tenders-in-june\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628434\" class=\"content-area-description single-story post-628434 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.cadaf870-5cce-4f53-8837-626e8b488784.mp3\"><\/audio><\/figure>\n<p>The Damietta Furniture City will issue land and factory tenders for phase two of the project in June, according to <a href=\"https:\/\/alborsanews.com\/2018\/05\/02\/1102417\">Governor Ismail Taha<\/a>. The tenders for 620k sqm of land and over 1,400 workshops were scheduled to be issued in April, but had to be postponed due to delays in infrastructure work, which should be completed this month, he adds. The furniture manufacturing complex will include hotels, shopping malls, hospitals, and other services.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628435\" 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=\"628435\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/thomas-cook-resumes-bristol-flight-to-hurghada\/\">\r\n                            Thomas Cook resumes Bristol flight to Hurghada                        <\/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\/03\/thomas-cook-resumes-bristol-flight-to-hurghada\/\" 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\/03\/thomas-cook-resumes-bristol-flight-to-hurghada\/')\">\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\/03\/thomas-cook-resumes-bristol-flight-to-hurghada\/\">\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=Thomas Cook resumes Bristol flight to Hurghada&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/thomas-cook-resumes-bristol-flight-to-hurghada\/\">\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\/03\/thomas-cook-resumes-bristol-flight-to-hurghada\/&title=Thomas Cook resumes Bristol flight to Hurghada\">\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=Thomas+Cook+resumes+Bristol+flight+to+Hurghada+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Fthomas-cook-resumes-bristol-flight-to-hurghada%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\/03\/thomas-cook-resumes-bristol-flight-to-hurghada\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628435\" class=\"content-area-description single-story post-628435 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.f4e9692f-8b96-4eb9-8605-c6c1456b096e.mp3\"><\/audio><\/figure>\n<p>The first Thomas Cook flight from Hurghada to Bristol took off on Monday with over 200 passengers on board, according to the <a href=\"https:\/\/www.facebook.com\/ukinegypt\/photos\/a.132760283421651.15526.131773280187018\/1846750962022566\/?type=3&theater\">UK embassy in Cairo<\/a>. \u201cWe have increased the number of seats on sale to Egypt by 14 per cent across the UK this year, flying to both Hurghada and Marsa Alam,\u201d said the company\u2019s Chief Airlines Officer Christoph Debus. Thomas Cook had <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/23\/egypt-planning-to-launch-tender-for-development-of-touristic-projects-along-its-coastlines\/\">announced last week<\/a> that it had sold 89% more holidays packages to Egypt so far this year compared to 2017.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628436\" 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=\"628436\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/sameem-capital-sues-to-reshape-prime-holdings-board-and-take-control\/\">\r\n                            Sameem Capital sues to reshape Prime Holding\u2019s board and take control                        <\/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\/03\/sameem-capital-sues-to-reshape-prime-holdings-board-and-take-control\/\" 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\/03\/sameem-capital-sues-to-reshape-prime-holdings-board-and-take-control\/')\">\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\/03\/sameem-capital-sues-to-reshape-prime-holdings-board-and-take-control\/\">\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=Sameem Capital sues to reshape Prime Holding\u2019s board and take control&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/sameem-capital-sues-to-reshape-prime-holdings-board-and-take-control\/\">\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\/03\/sameem-capital-sues-to-reshape-prime-holdings-board-and-take-control\/&title=Sameem Capital sues to reshape Prime Holding\u2019s board and take control\">\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=Sameem+Capital+sues+to+reshape+Prime+Holding%E2%80%99s+board+and+take+control+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Fsameem-capital-sues-to-reshape-prime-holdings-board-and-take-control%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\/03\/sameem-capital-sues-to-reshape-prime-holdings-board-and-take-control\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628436\" class=\"content-area-description single-story post-628436 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.ac818377-78ba-4bd9-b4eb-cd860f38700a.mp3\"><\/audio><\/figure>\n<p>Sameem Capital has filed a lawsuit to disband Prime Holding\u2019s current board of directors and be represented on the newly formed board, <a href=\"https:\/\/alborsanews.com\/2018\/05\/02\/1102135\">said Sameem CEO Khaled Rashed<\/a>. Sameem, which raised its stake in Prime Holdings to 27%, claims that Prime is not being managed effectively and could have achieved greater profits had its board done a better job. Rashed points to specific policies such as Prime only investing EGP 70 mn out of its total capital of EGP 600 mn, as well as backing away from various M&A opportunities.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628437\" 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=\"628437\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/al-wafds-abu-shoka-looks-to-create-its-own-parliamentary-coalition\/\">\r\n                            Al Wafd\u2019s Abu Shoka looks to create its own parliamentary coalition                        <\/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\/03\/al-wafds-abu-shoka-looks-to-create-its-own-parliamentary-coalition\/\" 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\/03\/al-wafds-abu-shoka-looks-to-create-its-own-parliamentary-coalition\/')\">\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\/03\/al-wafds-abu-shoka-looks-to-create-its-own-parliamentary-coalition\/\">\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=Al Wafd\u2019s Abu Shoka looks to create its own parliamentary coalition&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/al-wafds-abu-shoka-looks-to-create-its-own-parliamentary-coalition\/\">\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\/03\/al-wafds-abu-shoka-looks-to-create-its-own-parliamentary-coalition\/&title=Al Wafd\u2019s Abu Shoka looks to create its own parliamentary coalition\">\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=Al+Wafd%E2%80%99s+Abu+Shoka+looks+to+create+its+own+parliamentary+coalition+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Fal-wafds-abu-shoka-looks-to-create-its-own-parliamentary-coalition%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\/03\/al-wafds-abu-shoka-looks-to-create-its-own-parliamentary-coalition\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628437\" class=\"content-area-description single-story post-628437 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\/.996c352f-5ec7-4ce6-9adc-2e3542604cbb.mp3\"><\/audio><\/figure>\n<p>Al Wafd Party head Bahaa El Din Abu Shoka is moving towards creating a parliamentary coalition by bringing together independent MPs and those in smaller parties, he <a href=\"https:\/\/dbonfrdgauzmg.cloudfront.net\/news\/details\/1287033\">tells Al Masry Al Youm<\/a>. Abu Shoka has reportedly also approached MPs who are part of Parliament\u2019s majority bloc, the Support Egypt coalition. Members of Al Wafd are opposing Abu Shoka\u2019s plan, saying they see greater value in focusing on improving the internal politics of the party and increase its political activity, according to the newspaper.<\/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=\"628438\" 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=\"628438\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/innoventures-and-asrt-launch-startup-reactor-in-suez\/\">\r\n                            Innoventures and ASRT launch Startup Reactor in Suez                        <\/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\/03\/innoventures-and-asrt-launch-startup-reactor-in-suez\/\" 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\/03\/innoventures-and-asrt-launch-startup-reactor-in-suez\/')\">\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\/03\/innoventures-and-asrt-launch-startup-reactor-in-suez\/\">\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=Innoventures and ASRT launch Startup Reactor in Suez&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/innoventures-and-asrt-launch-startup-reactor-in-suez\/\">\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\/03\/innoventures-and-asrt-launch-startup-reactor-in-suez\/&title=Innoventures and ASRT launch Startup Reactor in Suez\">\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=Innoventures+and+ASRT+launch+Startup+Reactor+in+Suez+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F03%2Finnoventures-and-asrt-launch-startup-reactor-in-suez%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\/03\/innoventures-and-asrt-launch-startup-reactor-in-suez\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1932.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628439\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/innoventures-and-asrt-launch-startup-reactor-in-suez\/1932-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1932.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1932.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1932.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1932.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628438\" class=\"content-area-description single-story post-628438 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Innoventures and ASRT launch Startup Reactor in Suez:<\/strong> Egyptian venture capital firm Innoventures has partnered with Suez University and the Academy of Scientific Research and Technology (ASRT) to launch Startup Reactor in Suez, Innoventures announced in a <a href=\"https:\/\/ent.news\/2018\/5\/1754.pdf\">press release (pdf)<\/a>. The six-month entrepreneurship program, which is part of ASRT\u2019s nationwide startup incubation program INTILAC, aims to \u201cfoster and accelerate innovative startups with high growth potential in emerging tech industries.\u201d The first round of Startup Reactor in Suez will launch in July 2018. Information on how to join is <a href=\"http:\/\/innoventures.me\/reactor\">available here<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628440\" 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=\"628440\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/628440\/\">\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\/03\/628440\/\" 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\/03\/628440\/')\">\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\/03\/628440\/\">\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\/03\/628440\/\">\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\/03\/628440\/&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%2F03%2F628440%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\/03\/628440\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628440\" class=\"content-area-description single-story post-628440 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> (Wednesday): 18,173 (-0.7%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.4 bn (22% ABOVE the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +21.0%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session down 0.7%. CIB, the index heaviest constituent ended up 0.9%. EGX30\u2019s top performing constituents were Orascom Construction up 5.2%, Egypt Aluminum up 4.7%, and Abu Dhabi Islamic Bank up 1.7%. Yesterday\u2019s worst performing stocks were Heliopolis Housing down 4.0%, TMG Holding down 3.2%, and Global Telecom down 3.1%. The market turnover was EGP 1.4 bn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +31.6 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +34.3 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -65.9 mn<\/p>\n<p><strong>Retail<\/strong>: 59.8% of total trades | 58.3% of buyers | 61.4% of sellers<br \/>\n <strong>Institutions<\/strong>: 40.2% of total trades | 41.7% of buyers | 38.6% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 28.2% of total | 29.4% of buyers | 27.1% of sellers<br \/>\n <strong>Regional:<\/strong> 10.3% of total | 11.5% of buyers | 9.0% of sellers<br \/>\n <strong>Domestic:<\/strong> 61.5% of total | 59.1% of buyers | 63.8% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 67.92 (-0.01%)<br \/>\n <strong>Brent:<\/strong> USD 73.30 (-0.08%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.76 MMBtu, (+0.15%, June 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,310.40 \/ troy ounce (+0.37%)<br \n<\/p>\n<p><strong>TASI:<\/strong> 8,098.75 (-0.73%) (YTD: +12.7%)<br \/>\n <strong>ADX:<\/strong> 4,634.97 (-0.82%) (YTD: +5.38%)<br \/>\n <strong>DFM:<\/strong> 3,002.96 (-0.92%) (YTD: -10.89%)<br \/>\n <strong>KSE Premier Market:<\/strong> 4,778.38 (-0.06%)<br \/>\n <strong>QE:<\/strong> 8,953.40 (-0.68%) (YTD: +5.05%)<br \/>\n <strong>MSM:<\/strong> 4,730.83 (-0.01%) (YTD: -7.23%)<br \/>\n <strong>BB: <\/strong>1,261.12 (+0.26%) (YTD: -5.30%)<\/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=\"628441\" 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\/03\/628441\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628441\" class=\"content-area-description single-story post-628441 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":628404,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-628403","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"050bd04d-e136-4046-a2c2-f3f8a8a89aea","teaser":"","photo_url":"https:\/\/ent.news\/2018\/5\/3011.png"},"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>Job platforms Wuzzuf and Forsana raise USD 6 mn Series B round - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/job-platforms-wuzzuf-and-forsana-raise-usd-6-mn-series-b-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Job platforms Wuzzuf and Forsana raise USD 6 mn Series B round\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/job-platforms-wuzzuf-and-forsana-raise-usd-6-mn-series-b-round\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-17T10:18:46+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" 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