{"id":628925,"date":"2018-05-17T04:11:41","date_gmt":"2018-05-17T04:11:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=628925"},"modified":"2025-12-17T10:38:02","modified_gmt":"2025-12-17T10:38:02","slug":"happy-ramadan-folks-its-interest-rate-day","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/happy-ramadan-folks-its-interest-rate-day\/","title":{"rendered":"Happy Ramadan, folks: It\u2019s interest rate day."},"content":{"rendered":"<section id=\"628927\" 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=\"628927\">\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\/17\/what-were-tracking-on-17-may-2018\/\">\r\n                            What we\u2019re tracking on 17 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\/17\/what-were-tracking-on-17-may-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n     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href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+17+May+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F17%2Fwhat-were-tracking-on-17-may-2018%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/what-were-tracking-on-17-may-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628927\" class=\"content-area-description single-story post-628927 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Good morning, friends, and Ramadan kareem. <\/strong>We hope those of you observing the Holy Month are doing better without your morning dose of coffee than we are.<\/p><p><strong>Look for a daytime high of 36\u00b0C in Cairo on this first day of fasting<\/strong>, kicking off a heat wave that will see temps stuck in the 40s well into next week.<\/p><p><strong>Bank hours for Ramadan will run 09:30 am to 01:30 pm<\/strong> for customers and from 09:00 am to 02:00 pm for employees, <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/05\/IMG-20180516-WA0000.jpg\">CBE announced<\/a>.<\/p><p><strong>The EGX will run shorter trading hours for the holy month.<\/strong> The trading session will kicks off at 10:00 am, but closes at 1:30 pm. <a href=\"http:\/\/www.egx.com.eg\/English\/newsdetails.aspx?NewsID=173218\">Tap or click here for the full schedule<\/a>.<\/p><p><strong>The Cairo Metro system is running additional trains and is moving to extended hours for Ramadan,<\/strong> <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16052018&amp;id=3f4ab790-65e6-4bea-98c8-d32ab89caf84\">Al Shorouk reports<\/a>. All three lines will operate from 5:30 am until 02:00 am (instead of midnight), while only lines one and two will put on extra trains. Egyptian National Railways is also tweaking its service schedule between Cairo, Alex, Mansoura and Ismailia for the month. <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16052018&amp;id=6e88aa98-e263-460c-ab4d-3d6cc8907de9\">The full schedule is here<\/a> for the curious.<\/p><p><strong>So, when do we eat? <\/strong>Maghrib is at 6:43 pm CLT today. You\u2019ll have until 3:20 am on Friday to finish your sohour. By the last day of Ramadan, you\u2019re looking at 3:08am for fajr prayers and 6:58pm for maghrib.<\/p><p><strong>It\u2019s not just Ramadan \u2014 it\u2019s interest rate day: <\/strong>The central bank is widely expected to keep interest rates on hold when its Monetary Policy Committee meets today. Nine of 11 economists <a href=\"https:\/\/www.devdiscourse.com\/Article\/7578-egypt-central-bank-to-keep-key-interest-rates-unchanged\/Middle%20East%20and%20North%20Africa\">polled by Reuters expect rates to remain on hold<\/a>.<\/p><p><strong>A basket of factors argues in favor of stasis:<\/strong> The prospect of an <strong>inflationary spike this summer<\/strong> when the next round of fuel subsidy cuts kicks in (annual headline inflation rate dropped to 13.1% in April from 13.3% in March, while core inflation was up fractionally to 11.62% from 11.59%). <strong>Oil prices are high<\/strong> and could still rise, as CBE Governor Tarek Amer <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/14\/what-were-tracking-on-14-may-2018\/\">acknowledged earlier this week<\/a>. <strong>The US Fed is still going to hike interest rates<\/strong> at the same time as the <strong>greenback gathers strength<\/strong>.<\/p><p><strong>Oh, and Brazil unexpectedly left its key interest rate unchanged yesterday<\/strong>, with the central bank there <a href=\"https:\/\/www.ft.com\/content\/09496c20-5951-11e8-bdb7-f6677d2e1ce8\">explaining in a statement<\/a> that the ongoing emerging markets rout was at the heart of its decision: \u201cThe external scenario became more challenging and volatile. \u2026 there was a reduction in risk appetite for emerging economies.\u201d<\/p><p><strong>Not to worry: Tastemaking fund managers are still bullish on EM. <\/strong>The founder of emerging market-focused hedge fund Pharo (which has generated double-digit annualized returns at all of its funds save one over the past five years) still likes the asset class very much, he tells the <a href=\"https:\/\/www.ft.com\/content\/29ac6968-528a-11e8-b24e-cad6aa67e23e\">Financial Times<\/a>. Meanwhile, <a href=\"https:\/\/www.ft.com\/content\/07defef6-5927-11e8-bdb7-f6677d2e1ce8\">Franklin Templeton has thrown Argentina a lifeline<\/a>, snapping up more than USD 2.25 bn in Argentine bonds.<\/p><p>Back here at home, President Abdel Fattah El Sisi believes \u201c<strong>Egypt\u2019s economy needs to grow at least 7.5% a year to lift living standards<\/strong> for a surging population,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-16\/egypt-s-baby-boom-needs-a-pumped-up-economy-el-sisi-says\">Bloomberg reports<\/a>, picking up on remarks the president made yesterday at his latest youth conference. We have the full rundown in Speed Round, below.<\/p><p>Meanwhile, Reuters will make waves this morning with its investigative piece on the extent of the Armed Forces\u2019 involvement in the economy. The story, headlined <a href=\"https:\/\/www.reuters.com\/investigates\/special-report\/egypt-economy-military\/\"><strong>From war room to boardroom. Military firms flourish in Sisi\u2019s Egypt<\/strong><\/a>, is the product of a year of interviews and includes video content and images.<\/p><p><strong>In our to-be-read pile for this evening <\/strong>as we slip into a steak, sambousek and konafa-induced food coma:<\/p><p><a href=\"https:\/\/www.cbinsights.com\/research\/disrupting-management-consulting\/\"><strong>Killing strategy: The disruption of management consulting<\/strong><\/a> by CB Insights is deep dive into the creation of the management consultancy industry \u2014 and why the industry that claims to have invented the very idea of disruption could now itself be disrupted. Look no further than changing corporate business models (the industry faces its own version of the \u201cinside counsel\u201d revolution that turned the legal world on its ear in the 1970s) and new technologies. Definitely worth a read this morning, whether you\u2019re a consulting geek or a newbie.<\/p><p><strong>The Wall Street Journal is turning heads in Saudi with its piece headlined <\/strong><a href=\"https:\/\/www.wsj.com\/articles\/i-am-the-mastermind-mohammed-bin-salmans-guide-to-getting-rich-1526487353\">\u201cI am the mastermind:\u201d Mohammed bin Salman\u2019s guide to getting rich,\u201d<\/a> which claims to set out how MbS amassed his fortune after realizing as a teenager \u201cthat his father \u2026 was, by Saudi royal standards, a pauper.\u201d<\/p><p>Speaking of partnerships being disrupted, something is happening in law, too, John Gapper writes for <a href=\"https:\/\/www.ft.com\/content\/2faa2420-581d-11e8-b8b2-d6ceb45fa9d0\">the Financial Times<\/a>, arguing that <strong>law firm partnerships are losing their lustre<\/strong>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div 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<\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628929\" 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=\"628929\">\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\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/on-the-horizon-29\/\">\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  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id=\"post-628929\" class=\"content-area-description single-story post-628929 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The British are celebrating a wedding on Saturday <\/strong>as the actor Meghan Markle marries Prince Harry. Our inner republican is aghast.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Upcoming milestones to watch on our march toward becoming a regional energy hub: <\/strong>It\u2019s not only about natural gas, ladies and gentlemen. As part of the state\u2019s drive to position Egypt as a regional energy hub, we\u2019re also hooking our electricity grid up to those of our neighbors with a view to ultimately allowing the increasingly deregulated industry to buy and sell power regionally. Among the milestones to keep an eye on:<\/p>\n<ul>\n<li><a href=\"https:\/\/alborsanews.com\/2018\/05\/14\/1105144\">Talks with Cyprus and Greece<\/a> on a USD 4 bn interconnection project will kickstart within the coming month when a Cypriot delegation visits<\/li>\n<li>Contracts for an interconnection with Saudi Arabia could be signed by the end of June, <a href=\"https:\/\/alborsanews.com\/2018\/05\/08\/1103786\">sources say<\/a><\/li>\n<li>As many as eight local and global players have been invited to tender a key component of a project to <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/11\/electricity-ministry-holds-talks-to-finance-usd-500-mn-electricity-grid-connection-project-with-sudan\/\">hook our grid<\/a> to Sudan\u2019s. Reportedly <a href=\"http:\/\/almalnews.com\/Story\/376036\/59\/8-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D9%88%D9%85%D8%AD%D9%84%D9%8A%D8%A9-%D8%AA%D8%B4%D8%A7%D8%B1%D9%83-%D9%81%D9%89-%D9%85%D9%85%D8%A7%D8%B1%D8%B3%D8%A9-%D8%A7%D9%84%D8%B1%D8%A8%D8%B7-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%89-%D9%85%D8%B9-%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86\">among them<\/a>: ABB, General Electric, Elsewedy, Schneider, Siemens, and State Grid Corporation of China.<\/li>\n<\/ul>\n<p><strong>The IMF should issue its progress report on Egypt\u2019s economic reform program in two weeks\u2019 time, <\/strong>Deputy Chief of Media Relations Alistair Thomson has said.<\/p>\n<p><strong>Want to sell stuff to the rest of Africa? <\/strong>If hawking more of your wares in Africa is on your list of things to do, pencil in the Afreximbank-backed Intra-African Trade Fair, set to run in Cairo from 11-18 December. <a href=\"https:\/\/www.intrafricantradefair.com\">Lots of detail on the conference\u2019s website here.<\/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\/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=\"628930\" 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=\"628930\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/pre-ramadan-slowdown-leaves-little-for-the-talking-heads-to-discuss\/\">\r\n                            Pre-Ramadan slowdown leaves little for the talking heads to discuss                        <\/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\/17\/pre-ramadan-slowdown-leaves-little-for-the-talking-heads-to-discuss\/\" 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\/17\/pre-ramadan-slowdown-leaves-little-for-the-talking-heads-to-discuss\/')\">\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\/17\/pre-ramadan-slowdown-leaves-little-for-the-talking-heads-to-discuss\/\">\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=Pre-Ramadan slowdown leaves little for the talking heads to discuss&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/pre-ramadan-slowdown-leaves-little-for-the-talking-heads-to-discuss\/\">\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\/17\/pre-ramadan-slowdown-leaves-little-for-the-talking-heads-to-discuss\/&title=Pre-Ramadan slowdown leaves little for the talking heads to discuss\">\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=Pre-Ramadan+slowdown+leaves+little+for+the+talking+heads+to+discuss+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F17%2Fpre-ramadan-slowdown-leaves-little-for-the-talking-heads-to-discuss%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\/17\/pre-ramadan-slowdown-leaves-little-for-the-talking-heads-to-discuss\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628930\" class=\"content-area-description single-story post-628930 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>President Abdel Fattah El Sisi\u2019s fifth national youth conference reigned supreme on the airwaves<\/strong> as the pre-Ramadan slowdown left little else for the talking heads to discuss. We have a thorough rundown of El Sisi\u2019s most important statements from the conference in Speed Round, below.<\/p>\n<p><strong>Economy was at forefront of El Sisi\u2019s remarks at daylong event: <\/strong>El Sisi\u2019s comments on the state of the economy and reassurances that he will not put the brakes on reforms were among the most significant to come out of the conference, said Hona Al Asema\u2019s Lamees Al Hadidi. She hailed the president\u2019s vow to offer incentives to businesses who join the formal economy, saying that the move would be beneficial since 60% of Egypt\u2019s economy is informal (<a href=\"https:\/\/www.youtube.com\/watch?v=qjP46nPdVn0&t=2s\">watch, runtime: 49:56<\/a>).<\/p>\n<p><strong>Lamees also showed a graph as visual evidence of the Cairo Metro\u2019s losses over the past several years<\/strong> in a bid to convince viewers that the government\u2019s decision to hike ticket prices was justified. According to Lamees\u2019 data, the metro\u2019s Line 1 needs around EGP 30 bn for development work, while Line 2 needs EGP 15 bn. The host also renewed her calls for commuters to apply for metro memberships (<a href=\"https:\/\/www.youtube.com\/watch?v=RnxAW8tf27I\">watch, runtime: 3:32<\/a>).<\/p>\n<p><strong>Adib hails GERD \u201cbreakthrough\u201d: <\/strong>Egypt, Sudan and Ethiopia\u2019s latest talks on the Grand Ethiopian Renaissance Dam were a \u201cbreakthrough\u201d but El Sisi noted that the issue has yet to be resolved, Adib told his viewers (<a href=\"https:\/\/www.youtube.com\/watch?v=O3ANT8NYAE8\">watch, runtime: 5:32<\/a>).<\/p>\n<p><strong>Lamees, Adib, and Masaa DMC\u2019s Osama Kamal all praised El Sisi\u2019s decision to issue a presidential pardon for 332 prisoners<\/strong>, including a few who were arrested for protesting. Lamees made it a point to tell viewers that none of those pardoned face charges of violence or incitement against the state (<a href=\"https:\/\/www.youtube.com\/watch?v=4tGkGEr8Zyo\">watch, runtime: 3:27<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=Hg4wZae7Gj0\">runtime: 1:32<\/a>).<\/p>\n<p><strong>Did we get punk\u2019d by Amr Adib?<\/strong> The Kol Youm host announced last night he is backtracking on his <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/02\/amr-adib-resigns-thanaweya-amma-gets-new-facelift\/\">decision to retire from late night television<\/a>, saying that he will be back by popular demand in September (<a href=\"https:\/\/www.youtube.com\/watch?v=lAv1vBhr7ME\">watch, runtime: 2:06<\/a>). Good luck getting a nice write up from us when do eventually ride off into the sunset, Boy Who Cried \u201cQuit\u201d. Just for that, we\u2019re playing your <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/22\/stick-a-fork-in-messi-hes-done\/\">fawning Messi interview<\/a>.<\/p>\n<p><strong>Also on the airwaves last night:<\/strong> Osama Kamal sat down with Islamic scholar Al Habib Ali Al-Jifry (<a href=\"https:\/\/www.youtube.com\/watch?v=g9xnCIDmrcU\">watch, runtime: 8:55<\/a>) and discussed Twitter activity during the holy month with Twitter\u2019s MENA Director of Media Partnerships, Kinda Ibrahim (<a href=\"https:\/\/youtu.be\/bSJ4hnbljT4\">watch, runtime: 7:42<\/a>). Lamees had a lengthy segment on the <strong>Ramadan mosalsalat lineup<\/strong> (<a href=\"https:\/\/www.youtube.com\/watch?v=LnL8mJ-gRiU\">watch, runtime: 2:30:36<\/a>) and beacon of health Amr Adib discussed fasting and chronic diseases with a group of doctors (<a href=\"https:\/\/www.youtube.com\/watch?v=M3onXDuEays\">watch, runtime: 37:09<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628931\" 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=\"628931\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/el-sisi-attends-fifth-national-youth-conference-in-cairo\/\">\r\n                            El Sisi attends fifth national youth conference in Cairo                        <\/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\/17\/el-sisi-attends-fifth-national-youth-conference-in-cairo\/\" 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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Economic conditions are improving, but challenges including a bloated public sector persist, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1919477.aspx\">El Sisi said<\/a>. Nonetheless, the state does not plan on laying off civil servants. He urged businesses to continue investing at home, saying that delaying on investments will only slow the recovery and make the burden heavier for everyone. The president said he expects living conditions to improve within two years as the state\u2019s projects begin to bear fruit, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16052018&id=2f667338-83c5-4206-9634-626827a57aa4\">according to Al Shorouk<\/a>.<\/p>\n<p><strong>All businesses that legalize their status and enter the formal economy will be exempt from paying taxes for five years<\/strong>, El Sisi also vowed yesterday, <a href=\"http:\/\/www.almalnews.com\/Story\/376252\/14\/%D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%8A-5-%D8%B3%D9%86%D9%88%D8%A7%D8%AA-%D8%A5%D8%B9%D9%81%D8%A7%D8%A1%D9%8B-%D8%B6%D8%B1%D9%8A%D8%A8%D9%8A%D8%A7-%D9%84%D9%83%D9%84-%D9%85%D8%A4%D8%B3%D8%B3%D8%A9-%D8%AA%D8%AF%D8%AE%D9%84-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D8%A7%D9%84%D8%B1%D8%B3%D9%85%D9%8A\">Al Mal reports<\/a>. Businesses choosing to go legit will enjoy other incentives including simplified access to social insurance. El Sisi did not offer further details on these plans. The Finance Ministry had been planning to offer SMEs of a certain size full or partial tax exemptions to enter the formal economy as part of the SME Act, but has reportedly been moving towards a different proposal that would set a flat tax for SMEs based on the size of their top line, Tax Authority sources had <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/07\/finance-ministry-looks-to-make-it-even-easier-for-smes-to-become-taxpayers\/\">told us earlier this month<\/a>.<\/p>\n<p><strong>In the meantime, there\u2019s no stopping reforms<\/strong>. Among the top priorities for the government right now is supporting domestic industry to create jobs and cut down on Egypt\u2019s import bill, El Sisi said. The overhaul of the educational system will also move ahead and is necessary to prepare the next generation Egyptians entering the labor force, he said.<\/p>\n<p><strong>The president admitted that the government has failed to curb population growth<\/strong>, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16052018&id=b2e0e06f-1503-49b5-a783-8e2cdc2c11a9\">according to Al Shorouk<\/a>. El Sisi stressed that high population growth will have an adverse effect on economic growth and make it harder to raise the standard of living for everyone. His economic reform program, he said, will not be as effective if population growth is not contained. With that in mind, <strong>Egypt needs to grow its economy 7.5% per annum to lift living standards<\/strong>, the president said, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-16\/egypt-s-baby-boom-needs-a-pumped-up-economy-el-sisi-says\">according to Bloomberg<\/a>.<\/p>\n<p><strong>The president touched on other economic and social issues during the conference<\/strong>, including the recent decision to hike prices on the Cairo Metro, which he said was a difficult but necessary move to keep the trains running, <a href=\"https:\/\/dbonfrdgauzmg.cloudfront.net\/news\/details\/1291447\">Al Masry Al Youm reports<\/a>. <strong>The price hikes are part of a \u201cfour-year plan across all sectors, water, electricity, and sewage,\u201d <\/strong>El Sisi said, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL3N1SN5CI\">according to Reuters<\/a>.<\/p>\n<p>On the political front, <strong>El Sisi said that more time is needed for Egypt, Ethiopia, and Sudan to reach an understanding over the Grand Ethiopian Renaissance Dam<\/strong>, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFMT1ALTL5N1SN6SW3\">Reuters reports<\/a>. He <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFMT1ALTL5N1SN6SW4\">has invited<\/a> Ethiopian Prime MInister Abiy Ahmed to visit Egypt for further talks. The president also discussed the inauguration of the US embassy in Jerusalem, which he said will have negative repercussions on the region, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N1SN6X8\">the newswire says<\/a>. El Sisi stopped short of publicly criticizing the US for its embassy move, and instead urged Israel to be more understanding of Palestinians\u2019 outrage over the issue.<\/p>\n<p><strong>El Sisi also ordered the release of over 330 youth prisoners yesterday ahead of Ramadan<\/strong>, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1919119.aspx\">Ahram Gate reports<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"628942\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628943\" 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=\"628943\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/how-mo-salah-is-helping-promote-the-positive-symbolism-of-ramadan\/\">\r\n                            How Mo Salah is helping promote the positive symbolism of 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\/17\/how-mo-salah-is-helping-promote-the-positive-symbolism-of-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\/17\/how-mo-salah-is-helping-promote-the-positive-symbolism-of-ramadan\/')\">\n 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           <\/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\/17\/how-mo-salah-is-helping-promote-the-positive-symbolism-of-ramadan\/&title=How Mo Salah is helping promote the positive symbolism of 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=How+Mo+Salah+is+helping+promote+the+positive+symbolism+of+Ramadan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F17%2Fhow-mo-salah-is-helping-promote-the-positive-symbolism-of-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\/17\/how-mo-salah-is-helping-promote-the-positive-symbolism-of-ramadan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628943\" class=\"content-area-description single-story post-628943 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>We kick off Ramadan with a wonderfully slow news day for Egypt in the international press.<\/p>\n<p><strong>Egyptian Liverpool star Mo Salah promotes the positive symbolism of Ramadan <\/strong>and embodies the values of Islam \u201cat a time when anti-Islam rhetoric is rampant in the West,\u201d according to <a href=\"https:\/\/qz.com\/1278413\/ramadan-2018-mo-salah-of-liverpool-egypt-embodies-positive-symbolism-of-holy-month\/\">Quartz Africa<\/a>.<\/p>\n<p>Otherwise, the pickings are slim:<\/p>\n<ul>\n<li><strong>Several Armenian airlines will include Egypt in their charter flight routes this summer <\/strong>after receiving the required licenses, <a href=\"https:\/\/news.am\/eng\/news\/451486.html\">News.am reports<\/a>.<\/li>\n<li><strong>US teachers are using Egypt-set Assassin\u2019s Creed Origins video games in the classroom<\/strong> to give antiquities and history lessons, <a href=\"https:\/\/www.nytimes.com\/2018\/05\/16\/arts\/assassins-creed-origins-education.html\">the New York Times reports<\/a>.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628944\" 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=\"628944\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/cbes-debt-relief-program-will-be-a-breath-of-fresh-air-for-industry-and-agriculture\/\">\r\n                            CBE\u2019s debt relief program will be a breath of fresh air for industry and agriculture                        <\/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\/17\/cbes-debt-relief-program-will-be-a-breath-of-fresh-air-for-industry-and-agriculture\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=CBE%E2%80%99s+debt+relief+program+will+be+a+breath+of+fresh+air+for+industry+and+agriculture+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F17%2Fcbes-debt-relief-program-will-be-a-breath-of-fresh-air-for-industry-and-agriculture%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\/17\/cbes-debt-relief-program-will-be-a-breath-of-fresh-air-for-industry-and-agriculture\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628944\" class=\"content-area-description single-story post-628944 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>The CBE\u2019s debt relief program for businesses with non-performing loans will be a breath of fresh air <\/strong>for industry and agriculture alike, Dorreya Sharaf El Din <a href=\"https:\/\/dbonfrdgauzmg.cloudfront.net\/news\/details\/1291223\">writes in a column<\/a> lacking any real opinion or analysis. This is about the extent of the usefulness of opinion writers yesterday.<\/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=\"628945\" 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=\"628945\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/african-born-immigrants-to-the-us-are-more-high-skilled-and-hard-working-than-other-immigrant-groups\/\">\r\n                            African-born immigrants to the US are more high-skilled and hard-working than other immigrant groups                        <\/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\/17\/african-born-immigrants-to-the-us-are-more-high-skilled-and-hard-working-than-other-immigrant-groups\/\" 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\/17\/african-born-immigrants-to-the-us-are-more-high-skilled-and-hard-working-than-other-immigrant-groups\/')\">\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\/17\/african-born-immigrants-to-the-us-are-more-high-skilled-and-hard-working-than-other-immigrant-groups\/\">\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=African-born immigrants to the US are more high-skilled and hard-working than other immigrant groups&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/african-born-immigrants-to-the-us-are-more-high-skilled-and-hard-working-than-other-immigrant-groups\/\">\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\/17\/african-born-immigrants-to-the-us-are-more-high-skilled-and-hard-working-than-other-immigrant-groups\/&title=African-born immigrants to the US are more high-skilled and hard-working than other immigrant groups\">\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=African-born+immigrants+to+the+US+are+more+high-skilled+and+hard-working+than+other+immigrant+groups+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F17%2Fafrican-born-immigrants-to-the-us-are-more-high-skilled-and-hard-working-than-other-immigrant-groups%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\/17\/african-born-immigrants-to-the-us-are-more-high-skilled-and-hard-working-than-other-immigrant-groups\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2498.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628946\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/african-born-immigrants-to-the-us-are-more-high-skilled-and-hard-working-than-other-immigrant-groups\/2498-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2498.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2498.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2498.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2498.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628945\" class=\"content-area-description single-story post-628945 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><strong>African-born immigrants to the US are more skilled, harder-working, and more ready to integrate than those who come from other parts of the world<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/view\/articles\/2018-05-16\/let-in-more-africans-if-you-want-educated-immigrants\">says Bloomberg\u2019s Justin Fox<\/a>. Individuals from Mexico, El Salvador, Honduras, and Guatemala account for the lion\u2019s share of immigrants in the US, and while they dominate the least-educated immigrant groups, they are also among the hardest-working. Other immigrant groups from countries such as India, Taiwan, Russia, and Bulgaria, are among the highest-educated but are not among those with the higher employment-population ratio. Fox notes, however, that their low employment rates are likely attributable to their being in the US to pursue further education, and not because of poor integration or laziness. Of all the immigrant groups assessed in Fox\u2019s charts, <strong>African immigrants seem to have the best combination of characteristics<\/strong>: \u201cIf we want more high-skilled, hardworking, English-speaking, ready-to-integrate immigrants, it looks like the most obvious place to find them is in African countries where English is widely spoken.\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=\"628947\" 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=\"628947\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/egypt-and-hamas-reach-an-agreement-to-contain-riots-in-gaza\/\">\r\n                            Egypt and Hamas reach an agreement to contain riots in Gaza                        <\/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\/17\/egypt-and-hamas-reach-an-agreement-to-contain-riots-in-gaza\/\" 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\/17\/egypt-and-hamas-reach-an-agreement-to-contain-riots-in-gaza\/')\">\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\/17\/egypt-and-hamas-reach-an-agreement-to-contain-riots-in-gaza\/\">\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 and Hamas reach an agreement to contain riots in Gaza&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/egypt-and-hamas-reach-an-agreement-to-contain-riots-in-gaza\/\">\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\/17\/egypt-and-hamas-reach-an-agreement-to-contain-riots-in-gaza\/&title=Egypt and Hamas reach an agreement to contain riots in Gaza\">\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+and+Hamas+reach+an+agreement+to+contain+riots+in+Gaza+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F17%2Fegypt-and-hamas-reach-an-agreement-to-contain-riots-in-gaza%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\/17\/egypt-and-hamas-reach-an-agreement-to-contain-riots-in-gaza\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628947\" class=\"content-area-description single-story post-628947 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 and Hamas reached an agreement to keep riots in Gaza \u201cfrom escalating to a fresh conflict with Israel,\u201d<\/strong> Hamas leader Yahia Sinwar said, <a href=\"https:\/\/www.timesofisrael.com\/hamas-leader-says-group-reached-deal-with-egypt-to-stop-riots-from-escalating\/\">Times of Israel reports<\/a>. However, Sinwar said that the group, which rules Gaza, would resort to armed resistance if \u201cIsrael goes overboard\u201d in its violence against Palestinians. Israeli Intelligence Minister Israel Katz claimed that Egyptian authorities threatened to \u201cnot help\u201d if Hamas did not contain the border protests and Israel decided to \u201ctake much harsher steps.\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\/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=\"628950\" 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=\"628950\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/\">\r\n                            Banks, including IFC, EBRD to begin disbursing Benban funding in August                        <\/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\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/\" 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\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/')\">\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\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/\">\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=Banks, including IFC, EBRD to begin disbursing Benban funding in August&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/\">\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\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/&title=Banks, including IFC, EBRD to begin disbursing Benban funding in August\">\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=Banks%2C+including+IFC%2C+EBRD+to+begin+disbursing+Benban+funding+in+August+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F17%2Fbanks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august%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\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628950\" class=\"content-area-description single-story post-628950 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.2a5d704a-8964-4347-99d3-6c277e166c03.mp3\"><\/audio><\/figure>\n<p>International lenders, including the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD), will begin disbursing some of the USD 2 bn in foreign funding to the solar park of Benban in August, <a href=\"https:\/\/alborsanews.com\/2018\/05\/16\/1105914\">sources said<\/a>. Companies who have received financing from these banks, will see an initial disbursement of some EUR 20-30 mn to finance construction of the solar plants, they added.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628951\" 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=\"628951\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/indonesian-firms-looking-for-opportunities-in-egypts-railway-sector\/\">\r\n                            Indonesian firms looking for opportunities in Egypt\u2019s railway sector                        <\/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\/17\/indonesian-firms-looking-for-opportunities-in-egypts-railway-sector\/\" 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\/17\/indonesian-firms-looking-for-opportunities-in-egypts-railway-sector\/')\">\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\/17\/indonesian-firms-looking-for-opportunities-in-egypts-railway-sector\/\">\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=Indonesian firms looking for opportunities in Egypt\u2019s railway sector&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/indonesian-firms-looking-for-opportunities-in-egypts-railway-sector\/\">\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\/17\/indonesian-firms-looking-for-opportunities-in-egypts-railway-sector\/&title=Indonesian firms looking for opportunities in Egypt\u2019s railway sector\">\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=Indonesian+firms+looking+for+opportunities+in+Egypt%E2%80%99s+railway+sector+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F17%2Findonesian-firms-looking-for-opportunities-in-egypts-railway-sector%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\/17\/indonesian-firms-looking-for-opportunities-in-egypts-railway-sector\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628951\" class=\"content-area-description single-story post-628951 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.11140c54-8953-4570-9319-0f313c9a44dc.mp3\"><\/audio><\/figure>\n<p>Indonesian firms are looking to participate in railway development projects in Egypt, including upgrades to the Cairo Metro\u2019s Lines 1 and 2, Jakarta\u2019s ambassador to Cairo, Helmy Fauzy, told Transport Minister Hisham Arafat in a meeting yesterday. A delegation of Indonesian executives will be meeting with Egyptian transport officials soon to decide on which projects the country can get in on, <a href=\"http:\/\/almalnews.com\/Story\/376178\/58\/%D8%B9%D8%B1%D9%81%D8%A7%D8%AA-%D9%8A%D8%A8%D8%AD%D8%AB-%D9%85%D8%B9-%D8%A5%D9%86%D8%AF%D9%88%D9%86%D9%8A%D8%B3%D9%8A%D8%A7-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D9%81%D9%89-%D8%A7%D9%84%D8%B3%D9%83%D9%83-%D8%A7%D9%84%D8%AD%D8%AF%D9%8A%D8%AF%D9%8A%D8%A9-%D9%88%D9%85%D8%AA%D8%B1%D9%88-%D8%A7%D9%84%D8%A3%D9%86%D9%81%D8%A7%D9%82\">Al Mal report<\/a>s.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"628952\" 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=\"628952\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/abu-qir-mandates-nbe-qnb-banque-misr-to-arrange-eur-105-mn\/\">\r\n                            Abu Qir mandates NBE, QNB, Banque Misr to arrange EUR 105 mn                        <\/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\/17\/abu-qir-mandates-nbe-qnb-banque-misr-to-arrange-eur-105-mn\/\" 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\/17\/abu-qir-mandates-nbe-qnb-banque-misr-to-arrange-eur-105-mn\/')\">\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\/17\/abu-qir-mandates-nbe-qnb-banque-misr-to-arrange-eur-105-mn\/\">\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=Abu Qir mandates NBE, QNB, Banque Misr to arrange EUR 105 mn&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/abu-qir-mandates-nbe-qnb-banque-misr-to-arrange-eur-105-mn\/\">\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\/17\/abu-qir-mandates-nbe-qnb-banque-misr-to-arrange-eur-105-mn\/&title=Abu Qir mandates NBE, QNB, Banque Misr to arrange EUR 105 mn\">\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=Abu+Qir+mandates+NBE%2C+QNB%2C+Banque+Misr+to+arrange+EUR+105+mn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F17%2Fabu-qir-mandates-nbe-qnb-banque-misr-to-arrange-eur-105-mn%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\/17\/abu-qir-mandates-nbe-qnb-banque-misr-to-arrange-eur-105-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628952\" class=\"content-area-description single-story post-628952 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\/.ee2b47d8-6b2b-40bd-bc98-febf9c0b5e4f.mp3\"><\/audio><\/figure>\n<p>Abu Qir Fertilizers\u2019 board of directors agreed on Tuesday to mandate a consortium made up of the National Bank of Egypt, Qatar National Bank Ahli, and Banque Misr to manage a EUR 105 mn loan for its nitric acid project, the company said in a <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D9%85%D9%84%D8%AE%D8%B5%20%D9%82%D8%B1%D8%A7%D8%B1%D8%A7%D8%AA%2015-5-2018.pdf\">statement to the EGX (pdf)<\/a>. Germany\u2019s ThyssenKrupp has been tapped to execute the EUR 133.6 mn project, according to the statement.<\/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=\"628954\" 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=\"628954\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/cabinet-economic-group-discusses-tablet-solar-power-logistics-projects\/\">\r\n                            Cabinet economic group discusses tablet, solar power, logistics projects                        <\/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\/17\/cabinet-economic-group-discusses-tablet-solar-power-logistics-projects\/\" 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\/17\/cabinet-economic-group-discusses-tablet-solar-power-logistics-projects\/')\">\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\/17\/cabinet-economic-group-discusses-tablet-solar-power-logistics-projects\/\">\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=Cabinet economic group discusses tablet, solar power, logistics projects&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/cabinet-economic-group-discusses-tablet-solar-power-logistics-projects\/\">\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\/17\/cabinet-economic-group-discusses-tablet-solar-power-logistics-projects\/&title=Cabinet economic group discusses tablet, solar power, logistics projects\">\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=Cabinet+economic+group+discusses+tablet%2C+solar+power%2C+logistics+projects+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F17%2Fcabinet-economic-group-discusses-tablet-solar-power-logistics-projects%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\/17\/cabinet-economic-group-discusses-tablet-solar-power-logistics-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628954\" class=\"content-area-description single-story post-628954 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\/.4be5c706-6cb9-47d9-8156-729abdb616e1.mp3\"><\/audio><\/figure>\n<p>The Ismail Cabinet\u2019s economic group discussed a strategy to expand local production of computer tablets used as part of the education system modernization plan during a meeting on Tuesday, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/eco2.aspx\">according to a statement<\/a>. The strategy includes setting up new production lines, raising production output, and bringing the local component of the manufactured tablets to 90%. The committee also decided to move ahead with procedures to construct a 400-feddan logistical zone in the Alexandria Port, which will be used as a trading, storage, and industrial hub. The ministers also agreed to purchase the first 200 MW of energy produced from a private solar plant in Minya in EGP, after which the rate for all subsequent energy purchased from the plant will be reassessed. No details were provided on which plant it was or who\u2019s running it.<\/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=\"628955\" 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=\"628955\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/all-the-places-an-innovator-in-cairo-needs-to-know-mapped-out\/\">\r\n                            All the places an innovator in Cairo needs to know, mapped out                        <\/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\/17\/all-the-places-an-innovator-in-cairo-needs-to-know-mapped-out\/\" 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\/17\/all-the-places-an-innovator-in-cairo-needs-to-know-mapped-out\/')\">\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\/17\/all-the-places-an-innovator-in-cairo-needs-to-know-mapped-out\/\">\n                    Facebook                    <!-- <img 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photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2188.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"628956\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/all-the-places-an-innovator-in-cairo-needs-to-know-mapped-out\/2188-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2188.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2188.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2188.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2188.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628955\" class=\"content-area-description single-story post-628955 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<p><strong>Everything an innovator needs to know about Cairo:<\/strong> Entrepreneur Maie ElZeiny compiled a guide for <a href=\"https:\/\/singularityhub.com\/2018\/05\/16\/an-innovators-city-guide-to-cairo-egypt\/#sm.00005w1cjoup7fnru7p2e2is7hi4z\">Singularity Hub<\/a> of everything an innovator needs to know about Cairo, including the most convenient coworking spaces, the best coffee shop with free WiFi, and who to seek out to drum up some financing for a startup.<\/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=\"628958\" 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=\"628958\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/628958\/\">\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 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<strong>EGP \/ USD at NBE: <\/strong>Buy 17.77 | Sell 17.87<\/p>\n<p><strong>EGX30<\/strong> (Wednesday): 16,993 (0.00%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.1 bn (5% BELOW the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +13.31%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session almost flat. CIB, the index heaviest constituent ended up 1.2%. EGX30\u2019s top performing constituents were TMG Holding up 1.8%, ACC up 1.4%, and AMOC up 1.3%. Yesterday\u2019s worst performing stocks were Elsewedy Electric down 4.1%, GB Auto down 2.5%, and Telecom Egypt down 2.4%. The market turnover was EGP 1.1 bn, and foreign investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +26.9 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -4.4 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -22.6 mn<\/p>\n<p><strong>Retail<\/strong>: 59.8% of total trades | 62.0% of buyers | 57.6% of sellers<br \/>\n <strong>Institutions<\/strong>: 40.2% of total trades | 38.0% of buyers | 42.4% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 21.7% of total | 22.9% of buyers | 20.4% of sellers<br \/>\n <strong>Regional:<\/strong> 10.8% of total | 10.6% of buyers | 11.0% of sellers<br \/>\n <strong>Domestic:<\/strong> 67.5% of total | 66.5% of buyers | 68.6% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 71.70 (+0.29%)<br \/>\n <strong>Brent:<\/strong> USD 79.32 (+0.05%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.82 MMBtu, (+0.04%, June 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,292.90 \/ troy ounce (+0.11%)<\/p>\n<p><strong>TASI:<\/strong> 7,958.47 (-1.01%) (YTD: +10.13%)<br \/>\n <strong>ADX:<\/strong> 4,467.43 (-0.07%) (YTD: +1.57%)<br \/>\n <strong>DFM:<\/strong> 2,931.59 (-0.18%) (YTD: -13.01%)<br \/>\n <strong>KSE Premier Market:<\/strong> 4,775.99 (-0.1%)<br \/>\n <strong>QE:<\/strong> 8,950.60 (+0.32%) (YTD: +5.01%)<br \/>\n <strong>MSM:<\/strong> 4,653.78 (-0.66%) (YTD: -8.74%)<br \/>\n <strong>BB: <\/strong>1,272.92 (-0.08%) (YTD: -4.41%)<\/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=\"628959\" 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\/17\/628959\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-628959\" class=\"content-area-description single-story post-628959 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>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>11-18 December (Tuesday-Tuesday): The Afreximbank-backed <a href=\"https:\/\/www.intrafricantradefair.com\">Intra-African Trade Fair<\/a> in 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":628926,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-628925","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"3aa58fac-1a7d-4d90-a6bd-9e367986db21","teaser":"","photo_url":"https:\/\/ent.news\/2018\/5\/2419.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>Happy Ramadan, folks: It\u2019s interest rate day. - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/happy-ramadan-folks-its-interest-rate-day\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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