{"id":629135,"date":"2018-05-23T04:26:09","date_gmt":"2018-05-23T04:26:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=629135"},"modified":"2025-12-17T10:46:03","modified_gmt":"2025-12-17T10:46:03","slug":"electricity-bills-to-rise-as-much-as-55-in-july","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/electricity-bills-to-rise-as-much-as-55-in-july\/","title":{"rendered":"Electricity bills to rise as much as 55% in July?"},"content":{"rendered":"<section id=\"629137\" 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=\"629137\">\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\/23\/what-were-tracking-on-23-may-2018\/\">\r\n                            What we\u2019re tracking on 23 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\/23\/what-were-tracking-on-23-may-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Osama Heikal tells Youm7<\/a>. Among the bills waiting to receive House approval: The FY2018-19 state budget, part two of the Media Act, and amendments to the Criminal Procedures Act, Heikal says. Parliament is currently in recess until 3 June and will likely only have six plenary sessions before Eid Al-Fitr, at which point MPs will go on vacation again.<\/p><p><strong>Russian industrial zone contracts to be signed today?<\/strong> Egypt and Russia look set to sign contracts for a 5.23 mn sqm Russian Industrial Zone today at a meeting of the Egyptian-Russian Economic Committee, according to a <a href=\"http:\/\/minpromtorg.gov.ru\/press-centre\/news\/#!23_maya_denis_manturov_provedet_zasedanie_rossiyskoegipetskoy_komissii\">Russian trade ministry statement<\/a>.<\/p><p><strong>The Transportation Ministry will break ground today on the third phase of Cairo Metro Line 3<\/strong>, <a href=\"http:\/\/www.ahram.org.eg\/NewsQ\/652604.aspx\">Al Ahram reports<\/a>. Once completed, the 18-km, 15-stop line is set to run from Imbaba to Cairo International Airport. A EUR 900 mn loan is covering 60% of the cost of the project.<\/p><p><strong>A harsh reminder that power prices will go up this summer:<\/strong> We hope you are all having a better time with the heat wave (and yesterday\u2019s electricity outages in the capital city) than we have. We experienced long blackouts in both Maadi and Heliopolis yesterday. Even the metro saw a slowdown, <a href=\"http:\/\/d1y99r0ynoudrd.cloudfront.net\/news\/details\/1293089\">according to AMAY<\/a>. This all a stark reminder that electricity prices are going to go up. We have the latest on all of it in Speed Round below.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629142\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n      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stk-otpnile-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" 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           What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/what-were-tracking-this-week-26\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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            \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/what-were-tracking-this-week-26\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629143\" class=\"content-area-description single-story post-629143 post type-post status-publish format-standard hentry category-what-were-tracking-this-week tag-enterpriseam tag-what-were-tracking-this-week wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The IMF should issue its progress report on Egypt\u2019s economic reform program by the end of the week<\/strong>, Deputy Chief of Media Relations Alistair Thomson has said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-this-week\/\">What We\u2019re Tracking This Week<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629144\" 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=\"629144\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/on-the-horizon-33\/\">\r\n                            On the horizon                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/on-the-horizon-33\/\" 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\/23\/on-the-horizon-33\/')\">\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\/23\/on-the-horizon-33\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=On the horizon&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/on-the-horizon-33\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n       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class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/on-the-horizon-33\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629144\" class=\"content-area-description single-story post-629144 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>Do you have an idea for a tech-enabled business idea that could make agriculture in Egypt more efficient? The World Bank may have seed funding for you. <\/strong>The World Bank\u2019s \u201cDigitalAG4Egypt\u201d program is looking for business ideas built around logistics, value-added services, fintech relevant to agriculture, smart agriculture and natural resource management. There\u2019s some seed funding on offer as well as access to mentorship and an accelerator \/ incubator program. The deadline for submissions is 1 July. <a href=\"https:\/\/www.digitalag4egypt.com\">Tap or click here for more information<\/a>.<\/p>\n<p><strong>Upcoming milestones to watch on our march toward becoming a regional energy hub:<\/strong><\/p>\n<ul>\n<li>We could sign the contracts for our USD 60-70 mn grid connection project with Sudan in two weeks\u2019 time, according to <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/21\/egypt-and-sudan-signing-grid-connection-contracts-in-two-weeks\/\">Egyptian Electricity Head Gaber El Desouky<\/a>. Eight local and global players have been invited to participate in the prospective tender to develop the project;<\/li>\n<li><a href=\"https:\/\/alborsanews.com\/2018\/05\/08\/1103786\">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<\/ul>\n<p><strong>Egypt\u2019s national football team will make its first appearance at the World Cup in 20 years on Friday, 15 June<\/strong>, with our inaugural match against Uruguay at 2:00pm CLT. The championship will kick off one day earlier in Moscow, Russia. The Pharaohs kicked off their final training camp ahead of the World Cup yesterday, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/6\/52\/299965\/Sports\/National-Teams\/Egypt-team-start-final-training-camp-before-World-.aspx\">Ahram Online 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\/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=\"629145\" 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=\"629145\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/the-talk-shows-are-thankfully-on-hiatus\/\">\r\n                            The talk shows are, thankfully, on hiatus                        <\/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\/23\/the-talk-shows-are-thankfully-on-hiatus\/\" 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\/23\/the-talk-shows-are-thankfully-on-hiatus\/')\">\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\/23\/the-talk-shows-are-thankfully-on-hiatus\/\">\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=The talk shows are, thankfully, on hiatus&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/the-talk-shows-are-thankfully-on-hiatus\/\">\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\/23\/the-talk-shows-are-thankfully-on-hiatus\/&title=The talk shows are, thankfully, on hiatus\">\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=The+talk+shows+are%2C+thankfully%2C+on+hiatus+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F23%2Fthe-talk-shows-are-thankfully-on-hiatus%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\/23\/the-talk-shows-are-thankfully-on-hiatus\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629145\" class=\"content-area-description single-story post-629145 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>The nation\u2019s talk show hosts are deep in the embrace of a food coma.<\/strong> Or whatever it is they do when they go on their annual Ramadan hiatus.<\/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=\"629146\" 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=\"629146\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/electricity-ministry-to-recommend-power-prices-rise-up-to-55-in-july-stay-tuned-for-political-theatre\/\">\r\n                            Electricity Ministry to recommend power prices rise up to 55% in July; stay tuned for political theatre                        <\/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\/23\/electricity-ministry-to-recommend-power-prices-rise-up-to-55-in-july-stay-tuned-for-political-theatre\/\" 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\/23\/electricity-ministry-to-recommend-power-prices-rise-up-to-55-in-july-stay-tuned-for-political-theatre\/')\">\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\/23\/electricity-ministry-to-recommend-power-prices-rise-up-to-55-in-july-stay-tuned-for-political-theatre\/\">\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=Electricity Ministry to recommend power prices rise up to 55% in July; stay tuned for political theatre&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/electricity-ministry-to-recommend-power-prices-rise-up-to-55-in-july-stay-tuned-for-political-theatre\/\">\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\/23\/electricity-ministry-to-recommend-power-prices-rise-up-to-55-in-july-stay-tuned-for-political-theatre\/&title=Electricity Ministry to recommend power prices rise up to 55% in July; stay tuned for political theatre\">\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=Electricity+Ministry+to+recommend+power+prices+rise+up+to+55%25+in+July%3B+stay+tuned+for+political+theatre+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F23%2Felectricity-ministry-to-recommend-power-prices-rise-up-to-55-in-july-stay-tuned-for-political-theatre%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\/23\/electricity-ministry-to-recommend-power-prices-rise-up-to-55-in-july-stay-tuned-for-political-theatre\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629146\" class=\"content-area-description single-story post-629146 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Electricity prices set to rise by as much as 55% come July? <\/strong>Speculation about how far electricity prices will rise in July has kicked into overdrive, with ministry sources <a href=\"http:\/\/www.almalnews.com\/Story\/376719\/59\/%D9%85%D9%82%D8%AA%D8%B1%D8%AD%D8%A7%D8%AA-%D8%A7%D9%84%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%81%D9%8A-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%A3%D9%85%D8%A7%D9%85--%D8%A7%D9%84\">telling Al Mal<\/a> that its final recommendation to cabinet is for prices to rise 33-55%. <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/16\/egyptera-will-need-another-month-to-reshape-electricity-prices\/\">Previous reports had suggested<\/a> that the new system would divide residential consumers into four consumption tiers \u2014 0-100 KW, 101-200 KW, 201-600 KW, and 601-1000 KW \u2014 with expected price increases ranging between 15 and 43%.<\/p>\n<p><strong>Watch for political theatre: <\/strong>The new scheme will see consumers at the lower end of the income \/ consumption spectrum pay more, too, the ministry source said. We\u2019re taking this as a very standard piece of political theatre: The same source made a point of saying that only cabinet could exempt a group of consumers from a price hike. While it\u2019s possible the state will sock it to low-income consumers, its interests align with those of the IMF \/ World Bank here in sheltering them from the cuts. We see this as likely setting it up for the Council of Minister to allow tension to build, then deflate the bubble just before (or when) the hikes are announced by declaring the poor (and possibly low-income earners) will be exempt from price hikes. Electricity Minister Mohamed Shaker <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/06\/house-budget-committee-holds-hearings-with-ministers-on-fy2018-19-budget\/\">previously rejected<\/a> a bid by members of the House of Representatives to commit to no price hikes for the working poor.<\/p>\n<p><strong>Are we also looking at different prices for different times of the day?<\/strong> The Egyptian Electricity Utility and Consumer Protection Agency (Egyptera) reportedly also suggested setting two prices for electricity consumption at different times of the day, the ministry source told the newspaper. The proposal, which would only be applied to those in the uppermost consumption bracket, would set a higher price at peak consumption times. It remains unclear whether this proposal was incorporated into the ministry\u2019s final scheme or scrapped.<\/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=\"629159\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629160\" 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=\"629160\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/the-awesome-power-of-mother-nature-in-a-single-picture\/\">\r\n                            The awesome power of Mother Nature, in a single picture                        <\/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\/23\/the-awesome-power-of-mother-nature-in-a-single-picture\/\" 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\/23\/the-awesome-power-of-mother-nature-in-a-single-picture\/')\">\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\/23\/the-awesome-power-of-mother-nature-in-a-single-picture\/\">\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=The awesome power of Mother Nature, in a single picture&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/the-awesome-power-of-mother-nature-in-a-single-picture\/\">\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\/23\/the-awesome-power-of-mother-nature-in-a-single-picture\/&title=The awesome power of Mother Nature, in a single picture\">\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=The+awesome+power+of+Mother+Nature%2C+in+a+single+picture+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F23%2Fthe-awesome-power-of-mother-nature-in-a-single-picture%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\/23\/the-awesome-power-of-mother-nature-in-a-single-picture\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1030.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"629161\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/the-awesome-power-of-mother-nature-in-a-single-picture\/1030-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1030.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1030.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1030.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1030.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629160\" class=\"content-area-description single-story post-629160 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Witness the awesome power of mother nature: <\/strong>Hawaii, known to bring us close to nature through its pristine landscapes and beaches, is really showing us it\u2019s ugly side these days. The latest volcanic eruption has been cutting a swathe through communities and travel agencies alike.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629162\" 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=\"629162\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/hrw-report-accusing-egypts-military-of-causing-widespread-destruction-in-sinai-tops-coverage-in-the-foreign-press\/\">\r\n                            HRW report accusing Egypt\u2019s military of causing \u201cwidespread destruction\u201d in Sinai tops coverage in the foreign press                        <\/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\/23\/hrw-report-accusing-egypts-military-of-causing-widespread-destruction-in-sinai-tops-coverage-in-the-foreign-press\/\" 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\/23\/hrw-report-accusing-egypts-military-of-causing-widespread-destruction-in-sinai-tops-coverage-in-the-foreign-press\/')\">\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\/23\/hrw-report-accusing-egypts-military-of-causing-widespread-destruction-in-sinai-tops-coverage-in-the-foreign-press\/\">\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=HRW report accusing Egypt\u2019s military of causing \u201cwidespread destruction\u201d in Sinai tops coverage in the foreign press&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/hrw-report-accusing-egypts-military-of-causing-widespread-destruction-in-sinai-tops-coverage-in-the-foreign-press\/\">\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\/23\/hrw-report-accusing-egypts-military-of-causing-widespread-destruction-in-sinai-tops-coverage-in-the-foreign-press\/&title=HRW report accusing Egypt\u2019s military of causing \u201cwidespread destruction\u201d in Sinai tops coverage in the foreign press\">\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=HRW+report+accusing+Egypt%E2%80%99s+military+of+causing+%E2%80%9Cwidespread+destruction%E2%80%9D+in+Sinai+tops+coverage+in+the+foreign+press+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F23%2Fhrw-report-accusing-egypts-military-of-causing-widespread-destruction-in-sinai-tops-coverage-in-the-foreign-press%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\/23\/hrw-report-accusing-egypts-military-of-causing-widespread-destruction-in-sinai-tops-coverage-in-the-foreign-press\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629162\" class=\"content-area-description single-story post-629162 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s not a particularly pleasant day for Egypt in the international press this morning. <\/strong>A <a href=\"https:\/\/www.hrw.org\/news\/2018\/05\/22\/egypt-army-intensifies-sinai-home-demolitions\">Human Rights Watch report<\/a> accusing the Armed Forces of \u201cwidespread destruction of homes\u201d in North Sinai is leading the conversation on Egypt in the foreign press this morning, with the <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N1SS4TH\">Associated Press<\/a>, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N1SS4TH\">Reuters<\/a> and the <a href=\"https:\/\/www.timesofisrael.com\/egyptian-army-intensifies-home-demolitions-in-sinai-says-watchdog\/\">Times of Israel<\/a> among those taking note. In a report released yesterday, the New York-based organization claims that at least 3,000 homes and commercial buildings have been destroyed, in addition to \u201chundreds of hectares of farmland.\u201d<\/p>\n<p>HRW also published yesterday a letter two of its directors penned to FIFA imploring the latter to \u201c<strong>use [its] leverage with the Egyptian authorities to push back against a vicious anti-gay campaign<\/strong>.\u201d HRW is using as leverage the 2019 Africa U-23 Cup of Nations, which Egypt is hosting.<\/p>\n<p>Meanwhile, Egyptian journalist and researcher Ismail Alexandrani, who reported on the Sinai insurgency, was <strong>sentenced yesterday by a military court to 10 years in prison<\/strong> on terror-related charges, <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/05\/22\/world\/middleeast\/ap-ml-egypt-media.html\">the AP reports<\/a>. Alexandrani was detained back in 2015.<\/p>\n<p><strong>Also taking a kick at the can yesterday: <\/strong><a href=\"https:\/\/www.brookings.edu\/blog\/future-development\/2018\/05\/22\/egypts-population-boom-then-bust\/\">Brookings<\/a> adds nothing new to the debate about Egypt\u2019s population boom, and the <a href=\"https:\/\/www.thedailybeast.com\/sexually-harassedand-arrestedin-egypt-the-cruel-fate-of-amal-fathy\">Daily Beast<\/a> is carrying a piece on [redacted] harassment by former Financial Times Cairo correspondent Borzu Daragahi.<\/p>\n<p>(<strong>A note to new readers:<\/strong> We\u2019re all big boys and girls and can handle the word that should be up there in place of [redacted] before \u201charassment,\u201d but the algorithms that govern our deliverability to your inbox penalize us for mentioning large sums of capital, anything smacking of intimacy, et cetera.)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629163\" 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=\"629163\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/was-the-qatar-smackdown-partly-engineered-by-the-shadiest-creatures-ever\/\">\r\n                            Was the Qatar smackdown partly engineered by the shadiest creatures ever?                        <\/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\/23\/was-the-qatar-smackdown-partly-engineered-by-the-shadiest-creatures-ever\/\" 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\/23\/was-the-qatar-smackdown-partly-engineered-by-the-shadiest-creatures-ever\/')\">\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\/23\/was-the-qatar-smackdown-partly-engineered-by-the-shadiest-creatures-ever\/\">\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=Was the Qatar smackdown partly engineered by the shadiest creatures ever?&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/was-the-qatar-smackdown-partly-engineered-by-the-shadiest-creatures-ever\/\">\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\/23\/was-the-qatar-smackdown-partly-engineered-by-the-shadiest-creatures-ever\/&title=Was the Qatar smackdown partly engineered by the shadiest creatures ever?\">\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=Was+the+Qatar+smackdown+partly+engineered+by+the+shadiest+creatures+ever%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F23%2Fwas-the-qatar-smackdown-partly-engineered-by-the-shadiest-creatures-ever%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\/23\/was-the-qatar-smackdown-partly-engineered-by-the-shadiest-creatures-ever\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/238.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"629164\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/was-the-qatar-smackdown-partly-engineered-by-the-shadiest-creatures-ever\/238-jpg-20\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/238.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"238.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/238.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/238.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629163\" class=\"content-area-description single-story post-629163 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>Was the Qatar smackdown partly engineered by the shadiest creatures ever?<\/strong> The next investigative piece in our shady lobbyists selected features has to be <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-21\/the-princes-the-president-and-the-fortune-seekers\"><strong>The Princes, the President and the Fortune Seekers<\/strong><\/a> by Desmond Butler and Tom DiBianco for the AP. The piece details the dealings of an odd pair of seedy lobbyists now caught up in the Mueller federal investigation into the Trump 2016 campaign.<\/p>\n<p><strong>The Characters:<\/strong> One, a Lebanese American convicted of child molestation, who allegedly is an adviser to the crown princes of the UAE and Saudi Arabia (named Nader, a name his business partner sometimes typo\u2019ed as \u201cVader\u201d). He\u2019s the handsome devil pictured above with none other than the president of the US of A. Two, a defense contractor who worked with Erik Prince\u2019s BlackWater mercenary army in the Iraq War.<\/p>\n<p><strong>The plot:<\/strong> To lobby on behalf of the UAE and Saudi for the US to impose sanctions on Qatar and move its military base out of Doha in exchange for lucrative defense and security contracts in those countries worth bns.<\/p>\n<p><strong>Almost successful:<\/strong> By the time the Mueller investigation reeled around, the pair had allegedly managed to get leading congressional leaders on board and engineered anti-Qatar op-eds in leading media outlets by notable security figures. They helped push the pendulum towards Trump administration\u2019s supportive rhetoric for the Qatar boycott \u2014 and landed themselves a defense contract with the UAE worth hundreds of mns in the process. The plan ultimately unravelled with new administration figures swinging the other way in the debate and one of the lobbyists being caught up with Trump lawyer Michael Cohen (he, too, was allegedly paying hush money to an adult entertainment model).<\/p>\n<p><strong>Best jab: <\/strong>Referring to Donald Trumps son in law as <strong>America\u2019s \u201cclown prince\u201d<\/strong> in a piece peppered with references to the crown princes of the UAE and KSA.<\/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=\"629165\" 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=\"629165\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/westworld-promotes-season-2-with-spooky-lifelike-robot-in-london\/\">\r\n                            Westworld promotes season 2 with spooky lifelike robot in London                        <\/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\/23\/westworld-promotes-season-2-with-spooky-lifelike-robot-in-london\/\" 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\/23\/westworld-promotes-season-2-with-spooky-lifelike-robot-in-london\/')\">\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\/23\/westworld-promotes-season-2-with-spooky-lifelike-robot-in-london\/\">\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=Westworld promotes season 2 with spooky lifelike robot in London&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/westworld-promotes-season-2-with-spooky-lifelike-robot-in-london\/\">\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\/23\/westworld-promotes-season-2-with-spooky-lifelike-robot-in-london\/&title=Westworld promotes season 2 with spooky lifelike robot in London\">\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=Westworld+promotes+season+2+with+spooky+lifelike+robot+in+London+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F23%2Fwestworld-promotes-season-2-with-spooky-lifelike-robot-in-london%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\/23\/westworld-promotes-season-2-with-spooky-lifelike-robot-in-london\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2777.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"629166\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/westworld-promotes-season-2-with-spooky-lifelike-robot-in-london\/2777-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2777.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2777.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2777.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2777.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629165\" class=\"content-area-description single-story post-629165 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Promoters of Westworld spooked unsuspecting Londoners with a freakishly lifelike robot<\/strong> last month ahead of the American sci-fi Western thriller\u2019s season two premiere, <a href=\"http:\/\/www.syfy.com\/syfywire\/westworld-turns-its-freakish-real-world-robot-loose-in-london-ahead-of-season-2-premiere\">Syfy Wire reports<\/a>. Fred, who is based on a real London resident, was seen sitting casually at a city pub, starting conversations and even making jokes. It was all a publicity stunt by the service streaming the show in Britain, with hidden cameras to capture the poor pub goers\u2019 reactions. \u201cDo you want to meet your maker?\u201d Fred asks a frightened customer (<a href=\"https:\/\/www.youtube.com\/watch?v=Z7_2iC_Y_a0\">watch, runtime: 01:42<\/a>). Westworld is now airing in the Middle East on OSN.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629167\" 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=\"629167\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/siemens-doosan-front-runners-to-manage-siemens-power-plants\/\">\r\n                            Siemens, Doosan front runners to manage Siemens power plants                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/siemens-doosan-front-runners-to-manage-siemens-power-plants\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/siemens-doosan-front-runners-to-manage-siemens-power-plants\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/siemens-doosan-front-runners-to-manage-siemens-power-plants\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Siemens, Doosan front runners to manage Siemens power plants&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/siemens-doosan-front-runners-to-manage-siemens-power-plants\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/siemens-doosan-front-runners-to-manage-siemens-power-plants\/&title=Siemens, Doosan front runners to manage Siemens power plants\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Siemens%2C+Doosan+front+runners+to+manage+Siemens+power+plants+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F23%2Fsiemens-doosan-front-runners-to-manage-siemens-power-plants%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/siemens-doosan-front-runners-to-manage-siemens-power-plants\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629167\" class=\"content-area-description single-story post-629167 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\/.89ad0d93-a801-403a-85e1-0b3195dc7df9.mp3\"><\/audio><\/figure>\n<p>The Egyptian Electricity Holding Company (EEHC) has narrowed the contenders for the day-to-day management and maintenance of the three Siemens combined-cycle power plants down to Siemens and Korea\u2019s Doosan, <a href=\"https:\/\/alborsanews.com\/2018\/05\/22\/1106715\">an EEHC source said<\/a>. The EEHC expects to make a final decision in two weeks and sign the contracts within one month, according to the source. Doosan reportedly presented the cheapest offer, followed by Siemens. Other contenders \u2014 an Orascom-ADERA Energy consortium, an Elsewedy-EDF consortium, a STEAG GmbH-PGESCo consortium, a Triangle-GD France consortium, and Japan\u2019s Mitsubishi \u2014 have been eliminated from the race, as they quoted prices that were too high.The three fully-commissioned plants are expected to be inaugurated next month with a combined production output of 14.4 GW.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629169\" 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=\"629169\">\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\/23\/te-signs-usd-200-mn-short-term-loan-agreement-with-afreximbank\/\">\r\n                            TE signs USD 200 mn short-term loan agreement with AfreximBank                        <\/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\/23\/te-signs-usd-200-mn-short-term-loan-agreement-with-afreximbank\/\" 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\/23\/te-signs-usd-200-mn-short-term-loan-agreement-with-afreximbank\/')\">\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\/23\/te-signs-usd-200-mn-short-term-loan-agreement-with-afreximbank\/\">\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=TE signs USD 200 mn short-term loan agreement with AfreximBank&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/te-signs-usd-200-mn-short-term-loan-agreement-with-afreximbank\/\">\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\/23\/te-signs-usd-200-mn-short-term-loan-agreement-with-afreximbank\/&title=TE signs USD 200 mn short-term loan agreement with AfreximBank\">\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=TE+signs+USD+200+mn+short-term+loan+agreement+with+AfreximBank+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F23%2Fte-signs-usd-200-mn-short-term-loan-agreement-with-afreximbank%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\/23\/te-signs-usd-200-mn-short-term-loan-agreement-with-afreximbank\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629169\" class=\"content-area-description single-story post-629169 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\/.c80ecec3-0424-4df4-b975-622313720af2.mp3\"><\/audio><\/figure>\n<p>State-owned landline monopoly Telecom Egypt signed yesterday a USD 200 mn short-term loan agreement with the African Export-Import Bank (AfreximBank) \u201cto finance working capital and investments in Telecom Egypt\u2019s infrastructure,\u201d according to a <a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/217240_2.pdf\">statement to the EGX (pdf)<\/a>. Abu Dhabi Islamic Bank acted as financial advisor.<\/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=\"629170\" 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=\"629170\">\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\/23\/51-free-egyptians-party-members-join-nations-future\/\">\r\n                            51 Free Egyptians Party members join Nation\u2019s Future                        <\/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\/23\/51-free-egyptians-party-members-join-nations-future\/\" 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\/23\/51-free-egyptians-party-members-join-nations-future\/')\">\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\/23\/51-free-egyptians-party-members-join-nations-future\/\">\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=51 Free Egyptians Party members join Nation\u2019s Future&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/51-free-egyptians-party-members-join-nations-future\/\">\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\/23\/51-free-egyptians-party-members-join-nations-future\/&title=51 Free Egyptians Party members join Nation\u2019s Future\">\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=51+Free+Egyptians+Party+members+join+Nation%E2%80%99s+Future+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F23%2F51-free-egyptians-party-members-join-nations-future%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\/23\/51-free-egyptians-party-members-join-nations-future\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629170\" class=\"content-area-description single-story post-629170 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\/.c3ae34d3-676f-4eba-84ef-3853b021129a.mp3\"><\/audio><\/figure>\n<p>51 members of the Free Egyptians Party has signed on to join the Nation\u2019s Future Party, <a href=\"https:\/\/www.youm7.com\/story\/2018\/5\/21\/%D9%85%D8%B5%D8%A7%D8%AF%D8%B1-51-%D9%86%D8%A7%D8%A6%D8%A8%D8%A7-%D9%85%D9%86-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D9%8A%D9%86-%D8%A7%D9%84%D8%A3%D8%AD%D8%B1%D8%A7%D8%B1-%D9%88%D9%82%D8%B9%D9%88%D8%A7-%D8%A7%D8%B3%D8%AA%D9%85%D8%A7%D8%B1%D8%A9-%D8%A7%D9%86%D8%B6%D9%85%D8%A7%D9%85-%D9%84%D8%AD%D8%B2%D8%A8\/3803499\">sources tell Youm 7<\/a>. El Khouly, who had lost Al Wafd\u2019s elections to MP Bahaa Abu Shoka <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/01\/abu-shoka-elected-al-wafd-partys-new-chairman\/\">back in March<\/a>, said that he was joining the Nation\u2019s Future Party to <a href=\"http:\/\/www.masrawy.com\/news\/news_egypt\/details\/2018\/5\/21\/1350952\/%D8%AD%D8%B3%D8%A7%D9%85-%D8%A7%D9%84%D8%AE%D9%88%D9%84%D9%8A-%D9%8A%D9%83%D8%B4%D9%81-%D8%B3%D8%A8%D8%A8-%D8%A7%D8%B3%D8%AA%D9%82%D8%A7%D9%84%D8%AA%D9%87-%D9%85%D9%86-%D8%A7%D9%84%D9%88%D9%81%D8%AF-%D9%88%D9%85%D9%86%D8%B5%D8%A8%D9%87-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF-%D9%81%D9%8A-%D9%85%D8%B3%D8%AA%D9%82%D8%A8%D9%84-%D9%88%D8%B7%D9%86-\">avoid disputes<\/a> with the new chief.<\/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=\"629172\" 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=\"629172\">\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\/23\/chefaa-seeks-egp-5-mn-in-funding\/\">\r\n                            Chefaa seeks EGP 5 mn in funding                        <\/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\/23\/chefaa-seeks-egp-5-mn-in-funding\/\" 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\/23\/chefaa-seeks-egp-5-mn-in-funding\/')\">\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\/23\/chefaa-seeks-egp-5-mn-in-funding\/\">\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=Chefaa seeks EGP 5 mn in funding&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/chefaa-seeks-egp-5-mn-in-funding\/\">\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\/23\/chefaa-seeks-egp-5-mn-in-funding\/&title=Chefaa seeks EGP 5 mn in funding\">\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=Chefaa+seeks+EGP+5+mn+in+funding+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F23%2Fchefaa-seeks-egp-5-mn-in-funding%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\/23\/chefaa-seeks-egp-5-mn-in-funding\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/345.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"629173\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/chefaa-seeks-egp-5-mn-in-funding\/345-jpg-29\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/345.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"345.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/345.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/345.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629172\" class=\"content-area-description single-story post-629172 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Pharmacy locator <\/strong><a href=\"https:\/\/chefaa.com\/\"><strong>Chefaa<\/strong><\/a><strong> is looking to secure EGP 5 mn in funding,<\/strong> <a href=\"https:\/\/alborsanews.com\/2018\/05\/22\/1106797\">says CEO Doaa Aref<\/a>. One of 10 startups that <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/21\/10-egyptian-startups-graduate-from-flat6labs-tenth-cycle\/\">recently graduated<\/a> from Flat6Labs\u2019 tenth cycle, the company is hoping to expand its activity and reach 1.6 mn prescriptions per month. Only nine weeks into business, the app has already teamed up with 250 pharmacies, says Aref. The on-demand smart medicine system allows users to scan their prescriptions, locate the nearest pharmacy, order medicine online, and schedule for monthly packages in case of chronic diseases.<\/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=\"629174\" 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=\"629174\">\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\/23\/629174\/\">\r\n                                                    <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/629174\/\" 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\/23\/629174\/')\">\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\/23\/629174\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/629174\/\">\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\/23\/629174\/&title=\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F23%2F629174%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\/23\/629174\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629174\" class=\"content-area-description single-story post-629174 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.85 | Sell 17.95<\/p>\n<p><strong>EGP \/ USD at CIB:<\/strong> Buy 17.86 | Sell 17.96<\/p>\n<p><strong>EGP \/ USD at NBE: <\/strong>Buy 17.77 | Sell 17.87<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 16,658 (-0.7%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.1 bn (5% BELOW the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +10.9%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session down 0.7%. CIB, the index heaviest constituent ended down 0.4%. EGX30\u2019s top performing constituents were Pioneers Holding up 2.5%, Qalaa Holdings up 1.0%, and Egyptian Aluminum up 0.8%. Yesterday\u2019s worst performing stocks were EFG Hermes down 2.4%, Orascom Telecom Media & Technology down 2.4%, and Madinet Nasr Housing down 2.2%. The market turnover was EGP 1.1 bn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +30.7 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +10.7 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -41.4 mn<\/p>\n<p><strong>Retail<\/strong>: 49.0% of total trades | 47.5% of buyers | 50.5% of sellers<br \/>\n <strong>Institutions<\/strong>: 51.0% of total trades | 52.5% of buyers | 49.5% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 35.2% of total | 36.6% of buyers | 33.8% of sellers<br \/>\n <strong>Regional:<\/strong> 6.5% of total | 6.9% of buyers | 6.0% of sellers<br \/>\n <strong>Domestic:<\/strong> 58.4% of total | 56.5% of buyers | 60.3% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 72.13 (-0.15%)<br \/>\n <strong>Brent:<\/strong> USD 79.45 (+0.29%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.90 MMBtu, (+3.31%, June 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,290.50 \/ troy ounce (-0.03%)<br \n<\/p>\n<p><strong>TASI:<\/strong> 8,044.67 (+0.60%) (YTD: +11.32%)<br \/>\n <strong>ADX:<\/strong> 4,526.61 (+1.53%) (YTD: +2.91%)<br \/>\n <strong>DFM:<\/strong> 2,973.10 (+0.88%) (YTD: -11.78%)<br \/>\n <strong>KSE Premier Index:<\/strong> 4,752.83 ( -0.27%)<br \/>\n <strong>QE:<\/strong> 8,993.22 (+0.55%) (YTD: +5.51%)<br \/>\n <strong>MSM:<\/strong> 4,579.24 (-0.36%) (YTD: -10.20%)<br \/>\n <strong>BB: <\/strong>1,265.48 (-0.19%) (YTD: -4.97%)<\/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=\"629175\" 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\/23\/629175\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629175\" class=\"content-area-description single-story post-629175 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>14 June (Thursday): 2018 World Cup kickoff match between Russia and Saudi Arabia, Moscow, Russia.<\/p>\n<p>15 June (Friday): Egypt\u2019s first 2018 World Cup match against Uruguay, Yekaterinburg, Russia.<\/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>19 June (Tuesday): Egypt plays against Russia at 2018 World Cup, St. Petersburg, Russia.<\/p>\n<p>25 June (Monday): Egypt plays against Saudi Arabia at 2018 World Cup, Volgograd, Russia.<\/p>\n<p>28 June (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>1 July (Sunday): Application deadline for the DigitalAG4Egypt Challenge.<\/p>\n<p>16 August (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>21-25 August (Tuesday-Saturday): Eid Al Adha (TBC), national holiday.<\/p>\n<p>04-05 September (Tuesday-Wednesday): <a href=\"https:\/\/www.euromoneyconferences.com\/event\/a01D000001355HLIAY\/the-euromoney-egypt-conference-2018\">Euromoney Egypt Conference 2018<\/a>, Cairo.<\/p>\n<p>11 September (Tuesday): Islamic New Year (TBC), national holiday.<\/p>\n<p>24-25 September (Monday-Tuesday): <a href=\"https:\/\/egyptwaterdesalination.iqpc.com\/\">Egypt Water Desalination Forum<\/a>, venue TBD.<\/p>\n<p>27 September (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>06 October (Saturday): Armed Forces Day, national holiday.<\/p>\n<p>23-24 October (Tuesday-Wednesday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2018\/\">Intelligent Cities Exhibition & Conference 2018<\/a>, Fairmont Towers Heliopolis, Cairo.<\/p>\n<p>15 November (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>20 November (Tuesday): Prophet's Birthday (TBC), national holiday.<\/p>\n<p>22 November (Thursday): US Thanksgiving.<\/p>\n<p>25-28 November (Sunday-Wednesday): 22nd Cairo ICT, Cairo Convention Center, Nasr City, Cairo.<\/p>\n<p>25 December (Tuesday): Western Christmas.<\/p>\n<p>27 December (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>01 January 2019 (Tuesday): New Year's Day, national holiday.<\/p>\n<p>07 January 2019 (Monday): Coptic Christmas.<\/p>\n<p>25 January 2019 (Friday): Police Day, national holiday.<\/p>\n<p>25 April 2019 (Thursday): Sinai Liberation day, national holiday.<\/p>\n<p>28 April 2019 (Sunday): Easter Sunday, national holiday.<\/p>\n<p>29 April 2019 (Monday): Easter Monday, national holiday.<\/p>\n<p>01 May 2019 (Wednesday): Labor Day, national holiday.<\/p>\n<p>06 May 2019 (Monday): First day of Ramadan (TBC).<\/p>\n<p>05-06 June 2019 (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":629136,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-629135","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"086f9554-45e7-4710-84f4-5348c9cfb6f9","teaser":"","photo_url":"https:\/\/ent.news\/2016\/8\/847.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>Electricity bills to rise as much as 55% in July? - 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\" 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