{"id":628561,"date":"2018-05-08T04:12:37","date_gmt":"2018-05-08T04:12:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=628561"},"modified":"2025-12-17T10:24:43","modified_gmt":"2025-12-17T10:24:43","slug":"ride-failing-apps-act-passes","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/ride-failing-apps-act-passes\/","title":{"rendered":"Ride-Failing Apps Act passes"},"content":{"rendered":"<section id=\"628563\" 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=\"628563\">\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\/08\/what-were-tracking-on-08-may-2018\/\">\r\n                            What we\u2019re tracking on 08 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\/08\/what-were-tracking-on-08-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(); 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Topping the agenda items include the stalled talks on the Grand Ethiopian Renaissance Dam (GERD). Foreign Minister Sameh Shoukry did not mince words on who he believes is responsible for the deadlock during last week\u2019s negotiations between irrigation ministers. Ethiopia and Sudan continue to have reservations about a technical report on the dam\u2019s environmental and economic impact, Shoukry said in <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-ethiopia-dam\/no-breakthrough-in-ethiopian-dam-talks-egypt-says-idUSKBN1I81YL\">a statement to the press<\/a>. Shoukry, along with his Ethiopian and Sudanese counterparts and intelligence heads will meet again on 15 May for further talks, he added.<\/p><p><strong>Trade is also on the agenda as the Egyptian-Uganda business council convenes in Cairo today.<\/strong> Shoukry and Kutesa had discussed potential government or private partnerships between the two countries, according to a <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1999836083421661\">ministry statement<\/a>. The pair looked at increasing Egyptian investments in Uganda through water, electricity, and agricultural projects. An unnamed Egyptian company is currently studying several energy projects worth a total of USD 300 mn, the statement read.<\/p><p><strong>Here we go again with the latest \u201cimminent\u201d metro ticket price increase:<\/strong> The Egyptian Company for Metro Management and Operation plans to implement the new tiered pricing system for metro tickets based on distance traveled \u201cwithin days,\u201d <a href=\"http:\/\/almalnews.com\/Story\/375095\/58\/%D8%A7%D9%84%D9%85%D8%AA%D8%B1%D9%88-%D9%8A%D8%A8%D8%AF%D8%A3-%D8%AA%D8%AC%D8%A7%D8%B1%D8%A8-%D8%B1%D8%A8%D8%B7-%D8%B3%D8%B9%D8%B1-%D8%A7%D9%84%D8%AA%D8%B0%D9%83%D8%B1%D8%A9-%D8%A8%D8%B9%D8%AF%D8%AF-%D8%A7%D9%84%D9%85%D8%AD%D8%B7%D8%A7%D8%AA\">sources tell Al Mal<\/a>. The company has begun trial operations for the new system, which will set a base rate of EGP 2 for nine stations or fewer, a rate of EGP 3 for 18 stations, and EGP 5 for the full line. We apologize to our readers, but we feel honor bound to note this on the off chance the boy who cried \u201cticket hike\u201d is right this time. Even a broken clock is right twice a day.<\/p><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 today<\/strong>. The event, which will exhibit the work of leading Egyptian designers, is sponsored by Mr &amp; Mrs Samih Sawiris, CIB, Edita, EgyptAir, Palm Hills, Ramsco and SODIC.<\/p><p><strong>Abraaj is in talks to sell a majority stake in its recently spun off fund management unit to US asset manager Colony NorthStar<\/strong>, sources close to the matter <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-07\/abraaj-said-in-talks-to-sell-fund-unit-stake-to-colony-northstar\">told Bloomberg on Monday<\/a>. \u201cDiscussions between the Dubai-based firm and U.S. asset manager about the newly-separated investment unit are preliminary and may not result in a sale, given the complex structure of the underlying holding company and funds,\u201d said sources. They hinted that other investors may be interested. The move comes as part of the Dubai-based emerging markets PE giant\u2019s strategy to shed assets following allegations of misuse of its USD 1 bn healthcare fund which forced it to restructure. Abraaj recently <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/26\/abraaj-exits-cira\/\">exited Egyptian education firm CIRA<\/a> and is reportedly delaying the IPO or sale of its North African hospitals business, which owns a dozen hospitals and clinics in Egypt, Tunisia, and Morocco worth a collective USD 500 mn.<\/p><p><strong>Keep calm during this emerging markets sell-off:<\/strong> AllianceBernstein and UBS Wealth Management are telling investors to chill out about an emerging markets sell-off, saying that it won\u2019t be as bad as the taper tantrum in May 2013. What do they see that the other harbingers of doom (<a href=\"https:\/\/www.ft.com\/content\/de465430-4fb3-11e8-a7a9-37318e776bab\">cough, FT, cough<\/a>) don\u2019t? The fundamentals of EMs clearly show that they are more resilient. \u201cGenerally, emerging markets are much better positioned today to withstand external shocks. We view it as an opportunity to add exposure to countries that are being overly penalized by a movement in the dollar and U.S. rates,\u201d AllianceBernstein money manager <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-07\/ignore-the-emerging-market-rout-this-time-really-is-different\">Christian Diclementi tells Bloomberg<\/a>.<\/p><p><strong>Here\u2019s what we should be looking at: Crude oil prices broke the USD 70 mark on Monday for the first time since November 2014<\/strong>, <a href=\"https:\/\/www.reuters.com\/article\/us-global-markets\/u-s-oil-surges-past-70-dollar-hits-fresh-2018-high-idUSKBN1I800Z\">according to Reuters<\/a>. U.S. crude rose USD 1.01 to settle at USD 70.73 a barrel. While this may be good for Saudi Arabia, it\u2019s not helpful to Egypt. In it\u2019s <a href=\"http:\/\/www.cbe.org.eg\/en\/Pages\/HighlightsPages\/Monetary-Policy-Report-December-2017.aspx\">December 2017 Monetary Policy Report<\/a>, the central bank cited rising crude prices as the biggest risks to Egypt\u2019s economic recovery. The Finance Ministry had noted similar concerns in its report on the FY2018-19 budget.<\/p><p><strong>What could exacerbate the situation is the Trump Administration\u2019s decision on whether to leave the 2015 Iran nuclear agreement, which will be announced today.<\/strong> A resumption of sanctions would threaten Iran\u2019s ability to attract foreign investment, keeping the country\u2019s output flat or lower through 2025, according to a research note published Monday by Barclays that <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-07\/trump-says-he-ll-announce-decision-on-iran-deal-on-tuesday\">ran on Bloomberg<\/a>.<\/p><p><strong>Calling all coffee lovers:<\/strong> Food giant Nestl\u00e9 signed a USD 7.2 bn licensing agreement with Starbucks to sell the chain\u2019s branded coffee and tea, <a href=\"https:\/\/www.reuters.com\/article\/us-starbucks-m-a-nestle\/nestle-and-starbucks-strike-7-15-billion-coffee-licensing-deal-idUSKBN1I80CG\">Reuters reports<\/a>. The agreement, which grants Nestl\u00e9 exclusive rights to retail Starbucks\u2019 coffee, could bring USD 2 bn to the latter\u2019s topline while helping it focus on its suffering cafe franchise.<\/p><p>Other headlines that caught our eye include:<\/p><p><strong>Egypt-backed Libyan military commander Khalifa Haftar launched military operations to retake Derna<\/strong> after his forces clashed with rivals on the outskirts of the eastern city, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1SE5JA\">Reuters reports<\/a>. \u201cThe peace efforts in Derna have reached a dead end,\u201d he said.<\/p><p><strong>Iran-backed Hezbollah and its allies have emerged as the most dominant force in Lebanon at the parliamentary polls <\/strong>on Sunday, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-07\/hezbollah-led-alliance-emerges-most-powerful-from-lebanon-vote\">Bloomberg reports<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628564\" 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            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data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628565\" 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=\"628565\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/what-were-tracking-this-week-18\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/what-were-tracking-this-week-18\/\" 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\/08\/what-were-tracking-this-week-18\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li 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   <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/what-were-tracking-this-week-18\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628565\" class=\"content-area-description single-story post-628565 post type-post status-publish format-standard hentry category-what-were-tracking-this-week tag-enterpriseam tag-what-were-tracking-this-week wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Inflation numbers should come out on or about this Thursday, 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>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-this-week\/\">What We\u2019re Tracking This Week<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628566\" 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=\"628566\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/on-the-horizon-22\/\">\r\n                            On the horizon                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/on-the-horizon-22\/\" 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\/08\/on-the-horizon-22\/')\">\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\/08\/on-the-horizon-22\/\">\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=On the horizon&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/on-the-horizon-22\/\">\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\/08\/on-the-horizon-22\/&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%2F08%2Fon-the-horizon-22%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\/08\/on-the-horizon-22\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628566\" class=\"content-area-description single-story post-628566 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>EETC to issue tender for electricity grid interconnection with Sudan \u201cwithin days\u201d:<\/strong> The Egyptian Electricity Transmission Company (EETC) will issue a local and global tender for power lines and transformers for the electricity grid interconnection project with Sudan \u201cwithin days,\u201d <a href=\"https:\/\/alborsanews.com\/2018\/05\/06\/1103186\">according to sources<\/a>. Ten companies, including General Electric, Siemens, Schneider Electric, Elsewedy, will be invited to bid for the project, the sources say, adding that talks are underway with regional and international finance institutions to fund the USD 500 mn project.<\/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=\"628567\" 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=\"628567\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/ride-hailing-apps-act-passes-the-house-lipton-el-garhy-amer-show-off-egypts-reforms\/\">\r\n                            Ride-Hailing Apps Act passes the House; Lipton, El Garhy, Amer show off Egypt\u2019s reforms                        <\/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\/08\/ride-hailing-apps-act-passes-the-house-lipton-el-garhy-amer-show-off-egypts-reforms\/\" 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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Lipton, El Garhy, Amer show off Egypt\u2019s reforms\">\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=Ride-Hailing+Apps+Act+passes+the+House%3B+Lipton%2C+El+Garhy%2C+Amer+show+off+Egypt%E2%80%99s+reforms+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fride-hailing-apps-act-passes-the-house-lipton-el-garhy-amer-show-off-egypts-reforms%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\/08\/ride-hailing-apps-act-passes-the-house-lipton-el-garhy-amer-show-off-egypts-reforms\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628567\" class=\"content-area-description single-story post-628567 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>The talking heads had plenty to keep them busy last night<\/strong> with parliament signing off on the Ride-Hailing Apps Act, the details of which we cover extensively in the Speed Round below. But the star show of night was <strong>Amr Adib\u2019s roundtable with IMF Deputy Managing Director David Lipton, CBE Governor Tarek Amer, and Finance Minister Amr El Garhy<\/strong>. President Abdel Fattah El Sisi had met with Lipton yesterday to discuss progress on the government\u2019s reforms and the steps that lie ahead, according to <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/378063086046411\">an Ittihadiya statement<\/a>.<\/p>\n<p><strong>The central bank retains the ability to intervene in the FX market if it sees rates fluctuating outside \u201cacceptable\u201d ranges<\/strong>, CBE Governor Amer said. The CBE hasn\u2019t made a move on this yet to allow the market to become accustomed to seeing rates oscillating (<a href=\"https:\/\/www.youtube.com\/watch?v=mJFUyQxTofQ\">watch, runtime: 3:20<\/a>). The governor quelled Adib\u2019s concerns about Egypt\u2019s borrowing, saying that the increase in foreign reserves outweighs the increase in loans the country has taken on, and that we are comfortably able to meet our debt obligations due to the diverse maturities and interest rates of Egypt\u2019s debt instruments (<a href=\"https:\/\/www.youtube.com\/watch?v=A-N0iulbn8k\">watch, runtime: 3:00<\/a>).<\/p>\n<p><strong>Amer fiercely defended the decision to float the EGP in 2016<\/strong>, pointing to the various sectors and aspects of citizens\u2019 lives that were harmed by pre-float conditions, including heavy-duty factories whose utilization rates dropped to as low as 10%. Amer also noted that the float was necessary to meet Egypt\u2019s debt obligations and pay arrears to IOCs, without which companies such as Italy\u2019s Eni would not have returned to the country \u2014 and Zohr may have remained undiscovered (<a href=\"https:\/\/www.youtube.com\/watch?v=yYU3WEnEMXo\">watch, runtime: 3:47<\/a>). The international credibility Egypt earned through its reform program also paved the way for the successful eurobond issuances, Amer said (<a href=\"https:\/\/www.youtube.com\/watch?v=97VXT4jRLdE\">watch, runtime: 4:04<\/a>).<\/p>\n<p><strong>The IMF\u2019s David Lipton sang the praises of Egypt\u2019s reform program and the strides the economy has taken over the past year and a half<\/strong>, saying that the economy was \u201cvery close to the danger zone\u201d in 2016 prior to the implementation of reform (<a href=\"https:\/\/www.youtube.com\/watch?v=l1MltM7w0ac\">watch, runtime: 1:15<\/a>). He reiterated his call for the government to double down on creating jobs, removing obstacles for exports and imports, and allowing the private sector to flourish (<a href=\"https:\/\/www.youtube.com\/watch?v=cgX0a2BzFGA\">watch, runtime: 7:00<\/a>).<\/p>\n<p><strong>While reforms have brought economic hardships, many fail to consider how the economy would be faring had these reforms not been implemented<\/strong>, Finance Minister Amr El Garhy said. He reminded viewers of how Egypt\u2019s trade and budget deficits both skyrocketed over the past few years, and pointed to the significantly reduced current account deficit and improved balance of payments as evidence the reforms are bearing fruit (<a href=\"https:\/\/www.youtube.com\/watch?v=RiYiJuz_zfw\">watch, runtime: 5:25<\/a>).<\/p>\n<p><strong>Articles 9 and 10 of the Ride-Hailing Apps Act managed to squeeze their way through Parliament\u2019s final vote on the legislation after significant controversy<\/strong>, MP Mohamed Zeineldin told Hona Al Asema\u2019s Lamees Al Hadidi. Despite a previous Council of State ruling saying otherwise, Zeineldin claims the House of Representatives (legal experts that they are) found that the articles are entirely constitutional (<a href=\"https:\/\/www.youtube.com\/watch?v=am7-ZKNHSwM\">watch, runtime: 7:32<\/a>).<\/p>\n<p><strong>The passing of the legislation will allow small companies to compete in the ride-sharing industry and will help to attract new investments<\/strong>, Investment Ministry senior adviser Shehab Marzban told Lamees (<a href=\"https:\/\/www.youtube.com\/watch?v=UfHjn0GmIv8\">watch, runtime: 8:00<\/a>).<\/p>\n<p><strong>In other legislative news, the Local Administration Act is a \u201ctop priority\u201d for the House of Representatives<\/strong>, which is currently deliberating the law, Local Development Minister Abu Bakr El Gendy told Yahduth fi Masr\u2019s Sherif Amer (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/579518802426430\/\">watch, runtime: 8:00<\/a>).<\/p>\n<p><strong>Amr Adib seems to be using his last few days on air to beat the drum on the urgency of Egypt\u2019s water situation<\/strong>. He pointed to the status of trilateral talks between Egypt, Sudan, and Ethiopia over the Grand Ethiopian Renaissance Dam, which is near completion, saying that Egypt is now in a tight spot. We have updates on the talks in Diplomacy + Foreign Trade, below (<a href=\"https:\/\/www.youtube.com\/watch?v=eXPP_JLsb2Y\">watch, runtime: 3:35<\/a>).<\/p>\n<p>Meanwhile, <strong>Consumer Protection Agency head Atef Yacoub lashed out against telecom companies<\/strong> in a phone-in to Al Hayah Al Youm, saying that his agency has received complaints over these companies\u2019 service quality and high prices. If he\u2019s referring to TE Data\u2019s dodgy WiFi connections, we\u2019re with Smileyface on this one.<\/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=\"628568\" 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=\"628568\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/parliament-looks-to-smother-ride-hailing-in-the-baby-crib-by-approving-an-even-worse-version-of-the-ride-hailing-apps-act\/\">\r\n                            Parliament looks to smother ride-hailing in the baby crib by approving an even worse version of the Ride-Hailing Apps Act                        <\/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\/08\/parliament-looks-to-smother-ride-hailing-in-the-baby-crib-by-approving-an-even-worse-version-of-the-ride-hailing-apps-act\/\" 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\/08\/parliament-looks-to-smother-ride-hailing-in-the-baby-crib-by-approving-an-even-worse-version-of-the-ride-hailing-apps-act\/')\">\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\/08\/parliament-looks-to-smother-ride-hailing-in-the-baby-crib-by-approving-an-even-worse-version-of-the-ride-hailing-apps-act\/\">\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=Parliament looks to smother ride-hailing in the baby crib by approving an even worse version of the Ride-Hailing Apps Act&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/parliament-looks-to-smother-ride-hailing-in-the-baby-crib-by-approving-an-even-worse-version-of-the-ride-hailing-apps-act\/\">\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\/08\/parliament-looks-to-smother-ride-hailing-in-the-baby-crib-by-approving-an-even-worse-version-of-the-ride-hailing-apps-act\/&title=Parliament looks to smother ride-hailing in the baby crib by approving an even worse version of the Ride-Hailing Apps Act\">\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=Parliament+looks+to+smother+ride-hailing+in+the+baby+crib+by+approving+an+even+worse+version+of+the+Ride-Hailing+Apps+Act+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fparliament-looks-to-smother-ride-hailing-in-the-baby-crib-by-approving-an-even-worse-version-of-the-ride-hailing-apps-act%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\/08\/parliament-looks-to-smother-ride-hailing-in-the-baby-crib-by-approving-an-even-worse-version-of-the-ride-hailing-apps-act\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628568\" class=\"content-area-description single-story post-628568 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-01\" class=\"content-anchor\"><\/a> <strong>LEGISLATION WATCH- Parliament looks to smother ride-hailing in the baby crib by approving its Ride-Hailing Apps Act:<\/strong> The House of Representatives approved in its plenary session yesterday the Ride-Hailing Apps Act. Parliament not only passed the law <a href=\"https:\/\/dbonfrdgauzmg.cloudfront.net\/news\/details\/1288490\">without amending its most controversial clauses<\/a> on user data, but appears to have drafted a worse version of the law. The move comes many MPs <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/07\/final-vote-on-ride-hailing-apps-act-postponed-in-house-on-account-of-controversial-clauses\/\">heavily criticizing on Sunday articles 9 and 10 of the legislation<\/a> \u2014 which mandate that ride-hailing companies <strong>store user data on servers for a period of 180 days and make information accessible to government agencies<\/strong> when requested. The Egyptian Council of State (Maglis El Dawla) had said that these clauses were unconstitutional, and reports suggested that a House subcommittee charged with reviewing the act <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/11\/parliament-compromises-on-user-data-sharing-in-ride-hailing-apps-act\/\">had agreed to scrap them<\/a>. The passed version of the act requires the companies to store the user data on their servers abroad for the 180-day period, in contrast to an earlier draft that required data to be stored locally.<\/p>\n<p><strong>The law also retained several other stipulations that had earned the ire of ride-hailing companies Uber and Careem<\/strong>, a copy of the legislation <a href=\"https:\/\/www.youm7.com\/story\/2018\/5\/7\/%D8%A7%D9%84%D8%B9%D9%82%D9%88%D8%A8%D8%A7%D8%AA-%D8%AA%D8%B5%D9%84-%D9%84%D9%805-%D9%85%D9%84%D8%A7%D9%8A%D9%8A%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D9%86%D8%B5-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A3%D9%88%D8%A8%D8%B1-%D9%88%D9%83%D8%B1%D9%8A%D9%85-%D8%A8%D8%B9%D8%AF\/3782219\">published on Youm7 shows<\/a>. Drivers operating through the companies must display a \u201csymbol\u201d \u2014 the nature of which will be determined by the prime minister at a later time \u2014 to indicate their affiliation with the company. Ride-hailing companies will have a three-month window after receiving their operating licenses to prepare a policy strategy to incorporate white taxis in their fleets and train white taxi drivers to meet the companies\u2019 quality standards. A decree from the prime minister will be issued to set these standards. <strong>The law also sets a six-month window for companies to comply with all its requirements.<\/strong><\/p>\n<p><strong>In its final form, the legislation also imposes higher licensing fees than <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/29\/a-copy-of-the-ride-hailing-apps-act-just-got-leaked-to-the-press\/\"><strong>a previous draft had indicated<\/strong><\/a>. Companies will be required to pay up to EGP 30 mn (up from the EGP 10 mn cap previously suggested) to receive a five-year operating license. Companies will pay a 25% down payment on these licenses and will pay the remaining fees in instalments over the five-year licensing period. Meanwhile, ride-sharing drivers must pay up to EGP 2,000 (up from EGP 1,000) for an annual license to work through the companies, and will pay taxes 25% higher than those imposed on cab drivers. Companies will also be required to pay a one-off fee to legalize their status. The law stipulates that this fee must be lower than the cost of the operating license.<\/p>\n<p><strong>Companies and drivers will both face fines for violations:<\/strong> Companies that operate without receiving the necessary licenses will face penalties ranging between EGP 200k and 5 mn, while drivers will be fined EGP 5-20k for the same offense. A fine of no less than EGP 500k and no more than EGP 5 mn will be imposed on companies that fail to share their databases as required by the state or incorporate white taxis in their fleets. These violations could also lead to companies\u2019 licenses being revoked.<\/p>\n<p><strong>The law does not apply to tuk-tuks<\/strong>, House Transport Committee undersecretary Ahmed Hussein confirmed yesterday, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1905228.aspx\">according to Ahram Gate<\/a>. Tuk-tuks are regulated through their respective municipalities, Hussein said.<\/p>\n<p><strong>Just in the nick of time:<\/strong> The law\u2019s passing comes just days before the Supreme Administrative Court will hear an appeal by Uber and Careem against a <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/21\/administrative-court-orders-shut-down-of-ride-hailing-apps-uber-and-careem-companies-plan-appeal\/\">lower court decision<\/a> that ordered the two companies to suspend operations.<\/p>\n<p><strong>Uber seems to be taking the law in stride:<\/strong> The law is \u201ca major step forward for the ridesharing industry as Egypt becomes one of the first countries in the Middle East to pass progressive regulations,\u201d spokeswoman Shaden Abdellatif said, <a href=\"https:\/\/abcnews.go.com\/Technology\/wireStory\/egypt-approves-law-govern-popular-ride-hailing-apps-54985191\">the Associated Press reports.<\/a> Careem declined a request to comment. \u201cWe will continue working with the prime minister and the cabinet in the coming months as the law is finalised, and look forward to continuing to serve the millions of Egyptian riders and drivers that rely on Uber,\u201d the company said, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL3N1SE4MU\">according to Reuters<\/a>.<\/p>\n<p><strong>Meanwhile, Investment and International Cooperation Minister Sahar Nasr hailed the legislation as \u201cencouraging\u201d for the ride-sharing industry<\/strong>, <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D8%AF.-%D8%B3%D8%AD%D8%B1-%D9%86%D8%B5%D8%B1-%D9%85%D9%88%D8%A7%D9%81%D9%82%D8%A9-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D8%B9%D9%84%D9%89-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%AA%D9%86%D8%B8%D9%8A%D9%85-%D8%AE%D8%AF%D9%85%D8%A7%D8%AA-%D8%A7%D9%84%D9%86%D9%82%D9%84-%D8%A7%D9%84%D8%A8%D8%B1%D9%89-%D8%A8%D8%A7%D8%B3%D8%AA%D8%AE%D8%AF%D8%A7%D9%85-%D8%AA%D9%83%D9%86%D9%88%D9%84%D9%88%D8%AC%D9%8A%D8%A7-%D8%A7%D9%84%D9%85%D8%B9%D9%84%D9%88%D9%85%D8%A7%D8%AA-%D9%8A%D8%B9%D8%B7%D9%89-%D8%A7%D9%84%D9%81%D8%B1%D8%B5%D8%A9--%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%85%D8%B5%D8%B1%D9%8A%D8%A9%D8%B5%D8%BA%D9%8A%D8%B1%D8%A9.aspx\">according to a ministry statement<\/a>. Nasr also said the law will protect competition in the transport sector while leveling the playing field.<\/p>\n<p><strong>Privacy concerns top coverage of the law in the foreign press:<\/strong> We can naturally expect that the international press is having a field day with the act in its current form. <a href=\"https:\/\/www.wsj.com\/articles\/egyptian-bill-on-ride-hailing-data-prompts-privacy-concerns-1525721830?mod=searchresults&page=1&pos=1\">The Wall Street Journal<\/a> is noting criticisms by Human Rights Watch and other organizations.<\/p>\n<p><strong>Our take \u2014 Uber and Careem will be fine. Startups will suffer:<\/strong> It seems from the wording of the law that MPs have only heard of Uber and Careem, two major multinationals in the ride-hailing space that can bear the hefty licensing and penalty costs in the law. What they don\u2019t seem to understand is that local startups, such as Swvl \u2014 which set a record for a Series A funding round in Egypt with USD 8 mn <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/24\/swvl-sees-the-largest-funding-round-in-egypt-tech-startup-history\/\">last month<\/a> \u2014 will find it harder to comply with the stringent financial demands of the law. The law has the potential to stifle a nascent and exciting new industry. And as for cab drivers, we have as much sympathy for them as the horse and buggy drivers when cars came about.<\/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=\"628581\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628582\" 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=\"628582\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/how-the-aiib-is-emerging-as-a-genuine-rival-to-the-world-bank\/\">\r\n                            How the AIIB is emerging as a genuine rival to the World Bank                        <\/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\/08\/how-the-aiib-is-emerging-as-a-genuine-rival-to-the-world-bank\/\" 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\/08\/how-the-aiib-is-emerging-as-a-genuine-rival-to-the-world-bank\/')\">\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\/08\/how-the-aiib-is-emerging-as-a-genuine-rival-to-the-world-bank\/\">\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=How the AIIB is emerging as a genuine rival to the World Bank&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/how-the-aiib-is-emerging-as-a-genuine-rival-to-the-world-bank\/\">\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\/08\/how-the-aiib-is-emerging-as-a-genuine-rival-to-the-world-bank\/&title=How the AIIB is emerging as a genuine rival to the World Bank\">\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=How+the+AIIB+is+emerging+as+a+genuine+rival+to+the+World+Bank+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fhow-the-aiib-is-emerging-as-a-genuine-rival-to-the-world-bank%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\/08\/how-the-aiib-is-emerging-as-a-genuine-rival-to-the-world-bank\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/591.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628583\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/how-the-aiib-is-emerging-as-a-genuine-rival-to-the-world-bank\/591-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/591.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"591.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/591.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/591.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628582\" class=\"content-area-description single-story post-628582 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>How the AIIB is emerging as a genuine rival to the World Bank:<\/strong> By expanding into Africa and Latin America and away from Asia, the China-led Asian Infrastructure Investment Bank (AIIB) is emerging as a very real rival to the World Bank, <a href=\"https:\/\/www.ft.com\/content\/d45f9f00-4fa7-11e8-9471-a083af05aea7\">writes James Kynge for the Financial Times<\/a>. The AIIB signed a memorandum of understanding with the African Development Bank (AfDB) in May to co-finance infrastructure projects in the continent. AIIB is already taking part in projects in Egypt with the International Finance Corporation (IFC). Over on the side of the pond, the bank has an agreement with the Inter-American Development Bank (IADB), Latin America\u2019s multilateral lending organisation. The bank intends to increase the total loans it disburses this year from USD 2.7 bn last year and USD 1.6bn in 2016. A decision has not yet been made but the number is between USD 3 bn and USD 3.5 bn this year, AIIB VP Danny Alexander says in an interview. This expansion in the loan portfolio comes as China\u2019s Belt and Road Initiative, which includes key projects in Egypt, takes off. The bank is an important strategic component of the initiative.<\/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-macro-picture\/\">THE MACRO PICTURE<\/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=\"628584\" 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=\"628584\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/nothing-to-report\/\">\r\n                            Nothing to report                        <\/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\/08\/nothing-to-report\/\" 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\/08\/nothing-to-report\/')\">\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\/08\/nothing-to-report\/\">\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=Nothing to report&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/nothing-to-report\/\">\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\/08\/nothing-to-report\/&title=Nothing to report\">\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=Nothing+to+report+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fnothing-to-report%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\/08\/nothing-to-report\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628584\" class=\"content-area-description single-story post-628584 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>When the there\u2019s nothing to say on Egypt, the formula for the foreign press is to fall back on human rights. <\/strong>This includes widespread pickups of <a href=\"https:\/\/www.amnesty.org\/en\/documents\/mde12\/8257\/2018\/en\/\">Amnesty International allegations<\/a> on solitary confinement.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628585\" 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=\"628585\">\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\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/water-conservation-lessons-from-south-africas-day-zero\/\">\r\n                            Water conservation lessons from South Africa\u2019s \u201cDay Zero\u201d                        <\/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\/08\/water-conservation-lessons-from-south-africas-day-zero\/\" 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\/08\/water-conservation-lessons-from-south-africas-day-zero\/')\">\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\/08\/water-conservation-lessons-from-south-africas-day-zero\/\">\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=Water conservation lessons from South Africa\u2019s \u201cDay Zero\u201d&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/water-conservation-lessons-from-south-africas-day-zero\/\">\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\/08\/water-conservation-lessons-from-south-africas-day-zero\/&title=Water conservation lessons from South Africa\u2019s \u201cDay Zero\u201d\">\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=Water+conservation+lessons+from+South+Africa%E2%80%99s+%E2%80%9CDay+Zero%E2%80%9D+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fwater-conservation-lessons-from-south-africas-day-zero%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\/08\/water-conservation-lessons-from-south-africas-day-zero\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628585\" class=\"content-area-description single-story post-628585 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>South Africa\u2019s \u201cDay Zero\u201d could teach us about water conservation, <\/strong>Ahmed El Berri <a href=\"http:\/\/gate.ahram.org.eg\/News\/1904829.aspx\">writes for Ahram Gate<\/a>. He lists the measures taken in Cape Town to deal with the drought that hit the country\u2019s agricultural production and economic growth two years ago. The lessons we could learn, he says, include innovative irrigation techniques, fixing leakages, criminalizing car washes and water pollution, building dams for water storage. He also cites treating wastewater for agricultural and industrial use, harvesting rainwater and spreading awareness as fundamental strategies to tackle water shortages.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628586\" 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=\"628586\">\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\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/how-king-tuts-tomb-almost-went-unnoticed\/\">\r\n                            How King Tut's tomb almost went unnoticed                        <\/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\/08\/how-king-tuts-tomb-almost-went-unnoticed\/\" 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\/08\/how-king-tuts-tomb-almost-went-unnoticed\/')\">\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\/08\/how-king-tuts-tomb-almost-went-unnoticed\/\">\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=How King Tut's tomb almost went unnoticed&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/how-king-tuts-tomb-almost-went-unnoticed\/\">\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\/08\/how-king-tuts-tomb-almost-went-unnoticed\/&title=How King Tut's tomb almost went unnoticed\">\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=How+King+Tut%27s+tomb+almost+went+unnoticed+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fhow-king-tuts-tomb-almost-went-unnoticed%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\/08\/how-king-tuts-tomb-almost-went-unnoticed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1316.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628587\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/how-king-tuts-tomb-almost-went-unnoticed\/1316-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1316.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1316.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1316.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1316.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628586\" class=\"content-area-description single-story post-628586 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>A series of random events in the early 20th century almost prevented Howard Carter\u2019s famous discovery of King Tutankhamun\u2019s tomb from happening,<\/strong> according to <a href=\"https:\/\/www.nationalgeographic.com\/archaeology-and-history\/magazine\/2018\/03-04\/findingkingtutstomb\/\">National Geographic<\/a>. In 1904, Carter was forced to resign from his top archeology position in Egypt\u2019s Department of Antiquities following a complaint by drunken tourists at Saqqara, and he ended up making a living by painting watercolors for tourists. Carter later resumed his archaeology work after partnering up with Lord Carnarvon in search for the boy king\u2019s tomb, but once again, his search was disrupted, this time by World War I. The search resumed in 1917, but no discoveries were made. In 1922, Lord Carnarvon informed Carter he would stop financing the work out of frustration, only to agree later to fund one last season. \u201cOn November 1, 1922, Carter resumed digging in the Valley of the Kings. On November 4, they found the stairway that led to the unopened tomb of Tutankhamun.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628588\" 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=\"628588\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/straight-from-nopeland-a-nasty-bathroom-guest\/\">\r\n                            Straight from nopeland: a nasty bathroom guest                        <\/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\/08\/straight-from-nopeland-a-nasty-bathroom-guest\/\" 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\/08\/straight-from-nopeland-a-nasty-bathroom-guest\/')\">\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\/08\/straight-from-nopeland-a-nasty-bathroom-guest\/\">\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=Straight from nopeland: a nasty bathroom guest&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/straight-from-nopeland-a-nasty-bathroom-guest\/\">\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\/08\/straight-from-nopeland-a-nasty-bathroom-guest\/&title=Straight from nopeland: a nasty bathroom guest\">\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=Straight+from+nopeland%3A+a+nasty+bathroom+guest+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fstraight-from-nopeland-a-nasty-bathroom-guest%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\/08\/straight-from-nopeland-a-nasty-bathroom-guest\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1802.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628589\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/straight-from-nopeland-a-nasty-bathroom-guest\/1802-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1802.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1802.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1802.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1802.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628588\" class=\"content-area-description single-story post-628588 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>What would you do if you really needed a bathroom and walked in to find a 70 kg lizard? <\/strong>A question no one but the cast of Jurassic Park would ever like to answer. However, the crew of BBC\u2019s Planet Earth II found out the hard way<strong>.<\/strong> Lying on the cool, tiled floor of the bathroom to escape the scorching heat outside was a giant Komodo dragon. \"For me to open the bathroom door and see a six-foot dragon? It scared my pants off,\u201d said cameraman Mark MacEwen (who wins understatement of the year). Accompanied by up to six rangers, MacEwen lured the slithering creature out with raw meat. Indonesia\u2019s Komodo island is home to over 4,000 dragons that could be fatal if disturbed. We recommend visiting the island, but we advise you to leave a helicopter on standby (<a href=\"https:\/\/www.youtube.com\/watch?time_continue=37&v=g73XzarTPfw\">Watch, runtime: 01:31<\/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\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628590\" 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=\"628590\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/egypt-to-disclose-cctv-footage-of-regeni-to-visiting-italian-prosecutors\/\">\r\n                            Egypt to disclose CCTV footage of Regeni to visiting Italian prosecutors                        <\/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\/08\/egypt-to-disclose-cctv-footage-of-regeni-to-visiting-italian-prosecutors\/\" 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\/08\/egypt-to-disclose-cctv-footage-of-regeni-to-visiting-italian-prosecutors\/')\">\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\/08\/egypt-to-disclose-cctv-footage-of-regeni-to-visiting-italian-prosecutors\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt to disclose CCTV footage of Regeni to visiting Italian prosecutors&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/egypt-to-disclose-cctv-footage-of-regeni-to-visiting-italian-prosecutors\/\">\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\/08\/egypt-to-disclose-cctv-footage-of-regeni-to-visiting-italian-prosecutors\/&title=Egypt to disclose CCTV footage of Regeni to visiting Italian prosecutors\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+to+disclose+CCTV+footage+of+Regeni+to+visiting+Italian+prosecutors+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fegypt-to-disclose-cctv-footage-of-regeni-to-visiting-italian-prosecutors%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\/08\/egypt-to-disclose-cctv-footage-of-regeni-to-visiting-italian-prosecutors\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628590\" class=\"content-area-description single-story post-628590 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt to disclose CCTV footage of Regeni to visiting Italian prosecutors:<\/strong> Italian prosecutors have agreed to send a team of technical experts led by Deputy Prosecutor Sergio Colaiocco to Cairo to review of CCTV footageretrieved from the metro station where Italian PhD student Giulio Regeni disappeared in January 2016, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=07052018&id=1724bec1-bdda-416a-b6ba-c641ab26bb9a\">Al Shorouk reports<\/a>. The team, which will be accompanied by outside experts as per prior agreement between the two sides, will arrive on 15 May.<\/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=\"628591\" 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=\"628591\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/suez-canal-authority-dp-world-form-consortium-to-compete-for-6-october-dry-port\/\">\r\n                            Suez Canal Authority, DP World form consortium to compete for 6 October dry port                        <\/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\/08\/suez-canal-authority-dp-world-form-consortium-to-compete-for-6-october-dry-port\/\" 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\/08\/suez-canal-authority-dp-world-form-consortium-to-compete-for-6-october-dry-port\/')\">\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\/08\/suez-canal-authority-dp-world-form-consortium-to-compete-for-6-october-dry-port\/\">\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=Suez Canal Authority, DP World form consortium to compete for 6 October dry port&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/suez-canal-authority-dp-world-form-consortium-to-compete-for-6-october-dry-port\/\">\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\/08\/suez-canal-authority-dp-world-form-consortium-to-compete-for-6-october-dry-port\/&title=Suez Canal Authority, DP World form consortium to compete for 6 October dry port\">\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=Suez+Canal+Authority%2C+DP+World+form+consortium+to+compete+for+6+October+dry+port+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fsuez-canal-authority-dp-world-form-consortium-to-compete-for-6-october-dry-port%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\/08\/suez-canal-authority-dp-world-form-consortium-to-compete-for-6-october-dry-port\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628591\" class=\"content-area-description single-story post-628591 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.8926f007-87f9-4d2e-84e2-6261c706ef00.mp3\"><\/audio><\/figure>\n<p>The Suez Canal Authority, DP World, and the Holding Company for Maritime and Land Transport signed yesterday an MoU to form a consortium and compete in the tender for the 6 October dry port, according to <a href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/1058474354309515\">an SCZone statement<\/a>. The bidding window for the port had been expected to close on 7 April, after the deadline <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/22\/bidding-window-for-six-october-dry-port-to-close-on-7-april\/\">was pushed by a month<\/a> in response to several extension requests from parties interested in the project. Transport Minister Hisham Arafat <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/11\/govt-extends-bidding-window-for-6-october-city-dry-port\/\">had previously said<\/a> the project would need an initial investment of USD 100 mn, and would be developed under a PPP framework.<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628592\" 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=\"628592\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/phd-launches-phase-one-of-west-cairo-joint-project-with-nuca\/\">\r\n                            PHD launches phase one of West Cairo joint project with NUCA                        <\/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\/08\/phd-launches-phase-one-of-west-cairo-joint-project-with-nuca\/\" 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\/08\/phd-launches-phase-one-of-west-cairo-joint-project-with-nuca\/')\">\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\/08\/phd-launches-phase-one-of-west-cairo-joint-project-with-nuca\/\">\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=PHD launches phase one of West Cairo joint project with NUCA&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/phd-launches-phase-one-of-west-cairo-joint-project-with-nuca\/\">\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\/08\/phd-launches-phase-one-of-west-cairo-joint-project-with-nuca\/&title=PHD launches phase one of West Cairo joint project with NUCA\">\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=PHD+launches+phase+one+of+West+Cairo+joint+project+with+NUCA+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fphd-launches-phase-one-of-west-cairo-joint-project-with-nuca%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\/08\/phd-launches-phase-one-of-west-cairo-joint-project-with-nuca\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628592\" class=\"content-area-description single-story post-628592 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.70e6daa8-4c9f-45f3-bae6-dbb095bdbb0b.mp3\"><\/audio><\/figure>\n<p>Palm Hills Developments (PHD) launched this week phase one of its 3,000-feddan West Cairo megaproject Badya, set to be established in partnership with the New Urban Communities Authority (NUCA), according to CEO <a href=\"https:\/\/alborsanews.com\/2018\/05\/07\/1103386\">Yassin Mansour<\/a>. The company will break ground on the 6 October City residential project in 1Q2019, with initial development expected to rake in revenues of EGP 3.25 bn. The project is anticipated to see sales reach EGP 470 bn in total over 12 years. PHD also signed an agreement with American tech company IBM to develop Badya as Egypt\u2019s first smart city, says Mansour.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628593\" 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=\"628593\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/el-sisi-meets-with-unwto-secretary-general-to-talk-tourism-recovery\/\">\r\n                            El Sisi meets with UNWTO secretary general to talk tourism recovery                        <\/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\/08\/el-sisi-meets-with-unwto-secretary-general-to-talk-tourism-recovery\/\" 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\/08\/el-sisi-meets-with-unwto-secretary-general-to-talk-tourism-recovery\/')\">\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\/08\/el-sisi-meets-with-unwto-secretary-general-to-talk-tourism-recovery\/\">\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=El Sisi meets with UNWTO secretary general to talk tourism recovery&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/el-sisi-meets-with-unwto-secretary-general-to-talk-tourism-recovery\/\">\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\/08\/el-sisi-meets-with-unwto-secretary-general-to-talk-tourism-recovery\/&title=El Sisi meets with UNWTO secretary general to talk tourism recovery\">\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=El+Sisi+meets+with+UNWTO+secretary+general+to+talk+tourism+recovery+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fel-sisi-meets-with-unwto-secretary-general-to-talk-tourism-recovery%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\/08\/el-sisi-meets-with-unwto-secretary-general-to-talk-tourism-recovery\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628593\" class=\"content-area-description single-story post-628593 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\/.19410362-5761-4dee-94a2-d1d286ef6679.mp3\"><\/audio><\/figure>\n<p>President Abdel Fattah El Sisi met yesterday with UNWTO Secretary General Zurab Pololikashvili to discuss Egypt\u2019s tourism recovery and ways to improve the sector ahead of a UNWTO conference in Sharm El Sheikh, which gets underway in Sharm El Sheikh today, <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/378011562718230\">according to an Ittihadiya statement<\/a>. El Sisi said that reviving tourism was an essential to combating terrorism.<\/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=\"628594\" 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=\"628594\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/mnos-to-begin-selling-phone-lines-through-distributors-under-new-franchise-system\/\">\r\n                            MNOs to begin selling phone lines through distributors under new franchise 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\/08\/mnos-to-begin-selling-phone-lines-through-distributors-under-new-franchise-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\/08\/mnos-to-begin-selling-phone-lines-through-distributors-under-new-franchise-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\/08\/mnos-to-begin-selling-phone-lines-through-distributors-under-new-franchise-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=MNOs to begin selling phone lines through distributors under new franchise system&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/mnos-to-begin-selling-phone-lines-through-distributors-under-new-franchise-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\/08\/mnos-to-begin-selling-phone-lines-through-distributors-under-new-franchise-system\/&title=MNOs to begin selling phone lines through distributors under new franchise 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=MNOs+to+begin+selling+phone+lines+through+distributors+under+new+franchise+system+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fmnos-to-begin-selling-phone-lines-through-distributors-under-new-franchise-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\/08\/mnos-to-begin-selling-phone-lines-through-distributors-under-new-franchise-system\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628594\" class=\"content-area-description single-story post-628594 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.fbd31ed7-bd30-4860-b9e4-0871b9a4a368.mp3\"><\/audio><\/figure>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> Mobile network operators will begin allowing distributors to sell new phone lines under a new franchising system as of next month or by 3Q2018 at the latest, <a href=\"https:\/\/alborsanews.com\/2018\/05\/07\/1103121\">sources said yesterday<\/a>. The new system will allow each MNO to have between 100 and 200 licensed distributors in its first phase, and will not impose a cap on the number of lines distributors are allowed to sell. Customers will reportedly also be required to scan their fingerprints to purchase a new phone line. MNOs stopped selling new phone lines through distributors and cut them off from SIM cards and ways to wirelessly recharge phone lines <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/01\/mnos-begin-halting-sales-of-new-phone-lines-through-distributors\/\">at the end of April<\/a>. The move came in accordance with a National Telecommunications Regulatory Authority (NTRA) decision to limit sales of new phone lines only to official branches of telecom companies starting from 1 March as a means to enforce know-your-customer regulations. There are no confirmations as of yet whether the plan has the blessing of the NTRA.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628595\" 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=\"628595\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/banque-misr-taps-international-bank-to-manage-usd-500-mn-loan\/\">\r\n                            Banque Misr taps international bank to manage USD 500 mn loan                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/banque-misr-taps-international-bank-to-manage-usd-500-mn-loan\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/banque-misr-taps-international-bank-to-manage-usd-500-mn-loan\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/banque-misr-taps-international-bank-to-manage-usd-500-mn-loan\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Banque Misr taps international bank to manage USD 500 mn loan&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/banque-misr-taps-international-bank-to-manage-usd-500-mn-loan\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/banque-misr-taps-international-bank-to-manage-usd-500-mn-loan\/&title=Banque Misr taps international bank to manage USD 500 mn loan\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Banque+Misr+taps+international+bank+to+manage+USD+500+mn+loan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fbanque-misr-taps-international-bank-to-manage-usd-500-mn-loan%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/banque-misr-taps-international-bank-to-manage-usd-500-mn-loan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628595\" class=\"content-area-description single-story post-628595 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.df1b860c-2e7f-430b-ba95-59b958da3cbe.mp3\"><\/audio><\/figure>\n<p>Banque Misr has hired an international bank to manage a USD 500 mn loan it\u2019s looking to secure from international lenders by 3Q2018, Chairman Mohamed El Etreby <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-07\/egypt-s-banque-misr-seeks-500-million-loan-to-fund-growth-plans\">tells Bloomberg<\/a>, without disclosing the name of the bank. The loan would be directed towards Banque Misr\u2019s planned expansions, according to El Etreby. The bank had announced its intention to take on a new loan after signing for a USD 500 mn facility from the European Investment Bank (EIB) <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/04\/banque-misr-closing-in-on-usd-500-mn-facility-from-eib-eyes-a-further-usd-500-600-mn\/\">back in December<\/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\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628596\" 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=\"628596\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/finance-ministry-establishes-specialized-real-estate-tax-dispute-resolution-committees\/\">\r\n                            Finance Ministry establishes specialized real estate tax dispute resolution committees                        <\/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\/08\/finance-ministry-establishes-specialized-real-estate-tax-dispute-resolution-committees\/\" 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\/08\/finance-ministry-establishes-specialized-real-estate-tax-dispute-resolution-committees\/')\">\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\/08\/finance-ministry-establishes-specialized-real-estate-tax-dispute-resolution-committees\/\">\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=Finance Ministry establishes specialized real estate tax dispute resolution committees&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/finance-ministry-establishes-specialized-real-estate-tax-dispute-resolution-committees\/\">\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\/08\/finance-ministry-establishes-specialized-real-estate-tax-dispute-resolution-committees\/&title=Finance Ministry establishes specialized real estate tax dispute resolution committees\">\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=Finance+Ministry+establishes+specialized+real+estate+tax+dispute+resolution+committees+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Ffinance-ministry-establishes-specialized-real-estate-tax-dispute-resolution-committees%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\/08\/finance-ministry-establishes-specialized-real-estate-tax-dispute-resolution-committees\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628596\" class=\"content-area-description single-story post-628596 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\/.a41dbd6a-9aa6-4e1d-bf8e-12853cc0b734.mp3\"><\/audio><\/figure>\n<p>Finance Minister Amr El Garhy issued yesterday a decision establishing six new specialized committees for real estate tax dispute resolution, <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Press\/Pages\/news7-5-2018.aspx\">according to a ministry statement<\/a>. The decree also establishes new specialized committees to deal with stamp tax disputes.<\/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=\"628597\" 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=\"628597\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/football-association-agrees-to-remove-salah-ads-after-image-rights-dispute\/\">\r\n                            Football Association agrees to remove Salah ads after image rights dispute                        <\/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\/08\/football-association-agrees-to-remove-salah-ads-after-image-rights-dispute\/\" 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\/08\/football-association-agrees-to-remove-salah-ads-after-image-rights-dispute\/')\">\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\/08\/football-association-agrees-to-remove-salah-ads-after-image-rights-dispute\/\">\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=Football Association agrees to remove Salah ads after image rights dispute&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/football-association-agrees-to-remove-salah-ads-after-image-rights-dispute\/\">\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\/08\/football-association-agrees-to-remove-salah-ads-after-image-rights-dispute\/&title=Football Association agrees to remove Salah ads after image rights dispute\">\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=Football+Association+agrees+to+remove+Salah+ads+after+image+rights+dispute+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Ffootball-association-agrees-to-remove-salah-ads-after-image-rights-dispute%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\/08\/football-association-agrees-to-remove-salah-ads-after-image-rights-dispute\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628597\" class=\"content-area-description single-story post-628597 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.6bec0d9a-0a07-4db3-b2cd-c9a35d32186d.mp3\"><\/audio><\/figure>\n<p>The Egyptian Football Association (EFA) has finally agreed to remove Mohamed Salah\u2019s unauthorized ad for state-owned mobile network WE, FA President Hany Abu Rida announced, <a href=\"https:\/\/www.youm7.com\/story\/2018\/5\/6\/%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF-%D8%A7%D9%84%D9%83%D8%B1%D8%A9-%D9%8A%D8%B2%D9%8A%D9%84-%D8%B5%D9%88%D8%B1-%D9%85%D8%AD%D9%85%D8%AF-%D8%B5%D9%84%D8%A7%D8%AD-%D9%85%D9%86-%D8%B7%D8%A7%D8%A6%D8%B1%D8%A9-%D8%A7%D9%84%D9%85%D9%86%D8%AA%D8%AE%D8%A8-%D9%88%D8%A5%D8%B9%D9%84%D8%A7%D9%86%D8%A7%D8%AA\/3780935\">according to Youm7<\/a>. \u201cSalah\u2019s image will be removed from the national team\u2019s private plane and we will do the same regarding his image in TV ads and street banners. All his pictures will be removed within a week,\u201d he said. The dispute almost cost the Liverpool top-scorer <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/30\/mo-salah-and-the-weather-law-on-last-nights-talk-shows\/\">EGP 100 mn in penalties<\/a> to his sponsor Vodafone, as his image was put next to a different phone sponsor.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628598\" 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=\"628598\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/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\/08\/expect-less-colorful-language-and-topics-this-ramadan\/\">\r\n                            Expect less colorful language and topics this Ramadan                        <\/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\/08\/expect-less-colorful-language-and-topics-this-ramadan\/\" 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\/08\/expect-less-colorful-language-and-topics-this-ramadan\/')\">\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\/08\/expect-less-colorful-language-and-topics-this-ramadan\/\">\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 less colorful language and topics this Ramadan&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/expect-less-colorful-language-and-topics-this-ramadan\/\">\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\/08\/expect-less-colorful-language-and-topics-this-ramadan\/&title=Expect less colorful language and topics this Ramadan\">\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+less+colorful+language+and+topics+this+Ramadan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F08%2Fexpect-less-colorful-language-and-topics-this-ramadan%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\/08\/expect-less-colorful-language-and-topics-this-ramadan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628598\" class=\"content-area-description single-story post-628598 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Expect less colorful language, ads and topics this Ramadan:<\/strong> The Supreme Media Council will impose an EGP 250k fine on any Ramadan TV show that includes \u201cobscene language,\u201d Chairman Makram Mohamed Ahmed announced yesterday, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=07052018&id=c8714ae2-188a-42df-808d-ad86fbcabfd3\">Al Shorouk reports<\/a>. The fine is part of a new set of regulations imposed by the council in a crackdown on what Ahmed called \u201ceight years of chaos,\u201d including limiting commercial breaks to three per episode and subjecting TV dramas to censorship.<\/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=\"628602\" 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=\"628602\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/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\/08\/628602\/\">\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\/08\/628602\/\" 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\/08\/628602\/')\">\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\/08\/628602\/\">\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\/08\/628602\/\">\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\/08\/628602\/&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%2F08%2F628602%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\/08\/628602\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628602\" class=\"content-area-description single-story post-628602 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 17.64 | Sell 17.74<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.63 | Sell 17.73<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.59 | Sell 17.69<\/p>\n<p><strong>EGX30<\/strong> (Monday): 17,523 (-0.5%)<br \/>\n <strong>Turnover:<\/strong> EGP 927 mn (19% BELOW the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +16.7%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session down 0.5%. CIB, the index heaviest constituent down ended 1.1%. EGX30\u2019s top performing constituents were TMG Holding up 2.2%, Palm Hills up 1.8%, and EFG Hermes up 1.5%. Yesterday\u2019s worst performing stocks were Egyptian Iron & Steel down 4.7%, GB Auto down 2.5%, and Eastern Co down 2.3%. The market turnover was EGP 927 mn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -24.0 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -9.7 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +33.7 mn<\/p>\n<p><strong>Retail<\/strong>: 63.8% of total trades | 63.7% of buyers | 63.9% of sellers<br \/>\n <strong>Institutions<\/strong>: 36.2% of total trades | 36.3% of buyers | 36.1% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 18.0% of total | 16.7% of buyers | 19.3% of sellers<br \/>\n <strong>Regional:<\/strong> 14.4% of total | 13.9% of buyers | 14.9% of sellers<br \/>\n <strong>Domestic:<\/strong> 67.6% of total | 69.5% of buyers | 65.8% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 70.14 (-0.83%)<br \/>\n <strong>Brent:<\/strong> USD 76.17 (+1.74%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.74 MMBtu, (-0.15%, June 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,315.00 \/ troy ounce (+0.07%)<br \n<\/p>\n<p><strong>TASI:<\/strong> 8,117.42 (+0.04%) (YTD: +12.33%)<br \/>\n <strong>ADX:<\/strong> 4,540.09 (-0.44%) (YTD: +3.22%)<br \/>\n <strong>DFM:<\/strong> 2,962.84 (-0.32%) (YTD: -12.08%)<br \/>\n <strong>KSE Premier Market:<\/strong> 4,795.50 (+0.24%)<br \/>\n <strong>QE:<\/strong> 8,983.79 (+0.85%) (YTD: +5.40%)<br \/>\n <strong>MSM:<\/strong> 4,711.73 (-0.14%) (YTD: -7.60%)<br \/>\n <strong>BB: <\/strong>1,278.61 (+0.22%) (YTD: -3.99%)<\/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=\"628603\" 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\/08\/628603\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628603\" class=\"content-area-description single-story post-628603 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>08 May (Tuesday): The Egyptian embassy in London will be hosting a <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/04\/Press-Release-Made-in-Egypt-April-9th-2018-Final-4-18-2018-1.pdf\">\u201cMade in Egypt\u201d<\/a> gala exhibit event.<\/p>\n<p>07 May (Monday): <a href=\"https:\/\/www.idc.com\/mea\/events\/65252-idc-egypt-cio-summit-2018\/registration\">International Data Corporation\u2019s CIO Summit<\/a>, The Nile Ritz-Carlton Hotel, Cairo.<\/p>\n<p>07-08 May (Monday-Tuesday): <a href=\"http:\/\/www.egyptcsrforum.com\/\">Fourth annual Egypt CSR Forum<\/a>, 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): <a href=\"https:\/\/www.euromoneyconferences.com\/event\/a01D000001355HLIAY\/the-euromoney-egypt-conference-2018\">Euromoney Egypt Conference 2018<\/a>, Cairo.<\/p>\n<p>11 September (Tuesday): Islamic New Year (TBC), national holiday.<\/p>\n<p>24-25 September (Monday-Tuesday): <a href=\"https:\/\/egyptwaterdesalination.iqpc.com\/\">Egypt Water Desalination Forum<\/a>, venue TBD.<\/p>\n<p>27 September (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>06 October (Saturday): Armed Forces Day, national holiday.<\/p>\n<p>23-24 October (Tuesday-Wednesday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2018\/\">Intelligent Cities Exhibition & Conference 2018<\/a>, Fairmont Towers Heliopolis, Cairo.<\/p>\n<p>15 November (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>20 November (Tuesday): Prophet's Birthday (TBC), national holiday.<\/p>\n<p>22 November (Thursday): US Thanksgiving.<\/p>\n<p>25-28 November (Sunday-Wednesday): 22nd Cairo ICT, Cairo Convention Center, Nasr City, Cairo.<\/p>\n<p>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":628562,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-628561","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"cb3dcf98-e973-4a56-b7f1-00c51b99e4c1","teaser":"","photo_url":"https:\/\/ent.news\/2018\/4\/456.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ride-Failing Apps 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