{"id":629299,"date":"2018-05-28T04:14:47","date_gmt":"2018-05-28T04:14:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=629299"},"modified":"2025-12-17T10:51:58","modified_gmt":"2025-12-17T10:51:58","slug":"new-customs-act-to-whitelist-importers-clamp-down-on-tour-agency-car-rental-racket","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/new-customs-act-to-whitelist-importers-clamp-down-on-tour-agency-car-rental-racket\/","title":{"rendered":"New Customs Act to whitelist importers, clamp down on tour agency car rental racket"},"content":{"rendered":"<section id=\"629301\" 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=\"629301\">\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\/28\/what-were-tracking-on-28-may-2018\/\">\r\n                            What we\u2019re tracking on 28 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\/28\/what-were-tracking-on-28-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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We presume this unfolds as did ergot (see this morning\u2019s Speed Round, below) and Tiran and Sanafir: The sport isn\u2019t in what the government will do (it\u2019s not going to turn off YouTube), but in how it maneuvers its way around an administrative judiciary that policy makers and business leaders alike often find impenetrable.<\/p><p><strong>Parking law to be finalized today: <\/strong>The House Local Administration Committee will finalize its discussion of a draft law to regulate public parking and the work of a \u201csayess\u201d (parking attendant) during a meeting today, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1953155.aspx\">Ahram Gate reports<\/a>.<\/p><p>Elsewhere this morning:<\/p><p><strong>Oil at USD 50 is more likely than oil at USD 100<\/strong>, writes Nick Butler for the <a href=\"https:\/\/www.ft.com\/content\/ec6101b0-6187-11e8-a39d-4df188287fff\">Financial Times<\/a>, arguing that the market is set to settle as \u201cthe hype and speculation that led to the [run up to USD 80] is replaced by a cold return to fundamentals. \u2026 There is no shortage of supply and no imbalance of supply and demand. Any shortfalls in production from places such as Venezuela have been easily covered by production from elsewhere, not least the US where output continues to grow month by month thanks to the continuing shale revolution.\u201d Don\u2019t fret: You can always plow your net worth into real gold instead of black gold\u2026<\/p><p><strong>The US-North Korea summit may still be on<\/strong> as American officials enter North Korea for preparatory talks, <a href=\"https:\/\/www.reuters.com\/article\/us-northkorea-missiles\/south-korea-says-north-korea-committed-to-complete-denuclearisation-summit-with-trump-idUSKCN1IS01K\">Reuters<\/a> and the <a href=\"https:\/\/www.nytimes.com\/2018\/05\/27\/us\/politics\/us-north-korea-trump-summit-meeting.html\">New York Times<\/a> report. The summit was originally scheduled for 12 June.<\/p><p><strong>Abbas, Bush in hospital:<\/strong> Palestinian President Mahmoud Abbas was <a href=\"https:\/\/www.reuters.com\/article\/us-israel-palestinians-abbas\/palestinian-president-abbas-hospital-stay-extended-idUSKCN1IS0EB\">in hospital for an eighth day<\/a> yesterday, reportedly seeking treatment for a lung infection, while former US President George W. Bush was <a href=\"https:\/\/www.reuters.com\/article\/us-people-georgehwbush\/former-u-s-president-george-h-w-bush-taken-to-hospital-in-maine-idUSKCN1IS0PJ?il=0\">admitted to hospital in Maine<\/a> the same day, complaining of fatigue and low blood pressure.<\/p><p><strong>Keep an eye on Saudi dairy producer Almarai, which is planning a five-year, <\/strong><a href=\"https:\/\/www.reuters.com\/article\/us-almarai-growth\/saudi-dairy-firm-almarai-plans-2-8-billion-five-year-capital-investment-idUSKCN1IS043\"><strong>USD 2.8 bn capex program<\/strong><\/a> that\u2019s designed to increase efficiency and expand its geographic footprint. Almarai had reportedly <a href=\"https:\/\/gulfnews.com\/business\/sectors\/retail\/qalaa-s-sale-of-dina-farms-in-egypt-to-almarai-said-to-stall-1.1673849\">tried back in 2016<\/a> to acquire Qalaa Holdings\u2019 Dina Farms dairy and fresh milk operation. Almarai owns and operates the Beyti brand in Egypt as part of a joint venture with PepsiCo.<\/p><p><strong>Bahrain sees \u201cno glimmer of hope\u201d <\/strong>that the Qatar \u201ccrisis\u201d will end anytime soon, the country\u2019s foreign minister <a href=\"https:\/\/www.reuters.com\/article\/us-gulf-qatar\/bahrain-sees-no-glimmer-of-hope-for-ending-qatar-crisis-soon-idUSKCN1IS04T\">said yesterday<\/a>.<\/p><p><strong>Nigerians will see real income per capita fall every year through at least 2023<\/strong>, according to an IMF forecast picked up by the <a href=\"https:\/\/www.ft.com\/content\/3faff7dc-5467-11e8-b3ee-41e0209208ec\">Financial Times<\/a>. Crazier still: The country is projected to be the third-largest in the world by 2050, behind only India and China.<\/p><p><strong>Food for thought: Are raises a thing of the past in the US? <\/strong>\u201cVery few Americans have enjoyed steadily rising pay beyond inflation over the last couple of decade \u2026 Now, executives of big U.S. companies suggest that the days of most people getting a pay raise are over, and that they also plan to reduce their work forces further,\u201d <a href=\"https:\/\/www.axios.com\/broad-based-pay-rises-retraining-automation-executives-3e68d31c-51bc-4bde-a362-7ce12b039e7c.html\">Axios writes<\/a>.<\/p><p><strong>And speaking of Amreeka: Hurricane season is underway<\/strong> as the first named storm of the 2018 season is <a href=\"https:\/\/www.reuters.com\/article\/us-storm-atlantic-stocks-factbox\/factbox-hurricane-season-u-s-stocks-to-watch-idUSKCN1IT00N?il=0\">due to make landfall today<\/a>. Hurricane season usually runs June through November.<\/p><p><strong>Your Ramadan rundown for today:<\/strong><\/p><p><strong>Bank hours<\/strong> run 09:30 am to 01:30 pm for customers and from 09:00 am to 02:00 pm for employees, CBE announced.<\/p><p><strong>The EGX is running shorter trading hours.<\/strong> The trading session kicks off at 10:00 am, but closes at 1:30 pm. <a href=\"http:\/\/www.egx.com.eg\/English\/newsdetails.aspx?NewsID=173218\">Tap or click here for the full schedule<\/a>.<\/p><p><strong>We\u2019re looking at reasonably good weather for the rest of the week, <\/strong>with the mercury set to hover between 32\u00b0C and 34\u00b0C all the way through Friday. A spell of warmer weather is on the horizon starting Saturday, according to the long-range forecast on our favorite weather app.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>So, when do we eat? <\/strong>For those of us observing, Maghrib is at 6:49 pm CLT today. You\u2019ll have until 3:12 am tomorrow to finish your sohour.<\/p><p><strong>Tired of lesan asfour soup and sambousek? <\/strong>Struggling for inspiration? Try <a href=\"https:\/\/cooking.nytimes.com\/recipes\/1017359-sheet-pan-chicken-with-potatoes-arugula-and-garlic-yogurt\">sheet-pan chicken with potatoes, arugula and garlic yoghurt<\/a>. Go ahead and defy the recipe \u2014 use Greek yoghurt (or mayo, if you prefer). It\u2019s simple and amazing.<\/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=\"629304\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-h7xsuyo\" data-v=\"4\" data-block-id=\"h7xsuyo\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-h7xsuyo-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-h7xsuyo-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-50k1e97\" data-v=\"4\" data-block-id=\"50k1e97\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-50k1e97-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-50k1e97-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\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div 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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-1vl516n\" data-v=\"4\" data-block-id=\"1vl516n\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-1vl516n-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-1vl516n-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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33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629305\" 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=\"629305\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/what-were-tracking-this-week-28\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/what-were-tracking-this-week-28\/\" 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\/28\/what-were-tracking-this-week-28\/')\">\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\/28\/what-were-tracking-this-week-28\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking this week&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/what-were-tracking-this-week-28\/\">\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\/28\/what-were-tracking-this-week-28\/&title=What we\u2019re tracking this week\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fwhat-were-tracking-this-week-28%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\/28\/what-were-tracking-this-week-28\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629305\" class=\"content-area-description single-story post-629305 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>Our friends at AmCham are holding their annual general meeting and iftar tomorrow. <\/strong>Their guest speaker will be Education Minister Tarek Shawki, who will speak about the government\u2019s \u201cnational strategy for education transformation in Egypt.\u201d If our own little company\u2019s iftar wasn\u2019t scheduled for the same night, we\u2019d attend: <strong>We don\u2019t know Tarek Shawki, but the man is brave to push for sweeping education reform,<\/strong> and none of us in the business community (ourselves included) are doing enough to support him. Hats off to AmCham for inviting him to speak. Members and their guests and <a href=\"https:\/\/amcham.org.eg\/events-activities\/overview\">register here to attend the iftar and AGM<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-this-week\/\">What We\u2019re Tracking This Week<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629306\" 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=\"629306\">\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\/28\/on-the-horizon-36\/\">\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\/28\/on-the-horizon-36\/\" 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\/28\/on-the-horizon-36\/')\">\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\/28\/on-the-horizon-36\/\">\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\/28\/on-the-horizon-36\/\">\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\/28\/on-the-horizon-36\/&title=On the horizon\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fon-the-horizon-36%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\/28\/on-the-horizon-36\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629306\" class=\"content-area-description single-story post-629306 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? <\/strong>The World Bank may have seed funding, access to mentorship, and an accelerator \/ incubator program for you through its \u201cDigitalAG4Egypt\u201d 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, Egyptian Electricity Head Gaber El Desouky <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/21\/egypt-and-sudan-signing-grid-connection-contracts-in-two-weeks\/\">had told us<\/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\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=\"629307\" 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=\"629307\">\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\/28\/last-nights-talk-shows-on-28-may-2018\/\">\r\n                            Last night\u2019s talk shows on 28 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\/28\/last-nights-talk-shows-on-28-may-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/last-nights-talk-shows-on-28-may-2018\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/last-nights-talk-shows-on-28-may-2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Last night\u2019s talk shows on 28 May 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/last-nights-talk-shows-on-28-may-2018\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/last-nights-talk-shows-on-28-may-2018\/&title=Last night\u2019s talk shows on 28 May 2018\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Last+night%E2%80%99s+talk+shows+on+28+May+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Flast-nights-talk-shows-on-28-may-2018%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/last-nights-talk-shows-on-28-may-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629307\" class=\"content-area-description single-story post-629307 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 talking heads are still on their Ramadan hiatus. <\/strong>Our talkshow coverage will be back after Eid.<\/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=\"629308\" 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=\"629308\">\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\/28\/preferential-white-list-new-tariffs-on-tourism-new-penalties-and-more-in-customs-act\/\">\r\n                            Preferential \u201cwhite list,\u201d new tariffs on tourism, new penalties and more in Customs Act                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/preferential-white-list-new-tariffs-on-tourism-new-penalties-and-more-in-customs-act\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/preferential-white-list-new-tariffs-on-tourism-new-penalties-and-more-in-customs-act\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/preferential-white-list-new-tariffs-on-tourism-new-penalties-and-more-in-customs-act\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Preferential \u201cwhite list,\u201d new tariffs on tourism, new penalties and more in Customs Act&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/preferential-white-list-new-tariffs-on-tourism-new-penalties-and-more-in-customs-act\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/preferential-white-list-new-tariffs-on-tourism-new-penalties-and-more-in-customs-act\/&title=Preferential \u201cwhite list,\u201d new tariffs on tourism, new penalties and more in Customs Act\">\n                    LinkedIn                    <!-- <img decoding=\"async\" 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href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/preferential-white-list-new-tariffs-on-tourism-new-penalties-and-more-in-customs-act\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629308\" class=\"content-area-description single-story post-629308 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>EXCLUSIVE- Preferential \u201cwhite list,\u201d clampdown on tour agency car rentals, new penalties and more in Customs Act:<\/strong> The latest draft of the Customs Act will include a host of measures that facilitate the flow of goods through Egypt\u2019s ports while also introducing new tariffs for the tourism sector and penalties for violators, sources tell Enterprise. We\u2019ve also received confirmation that a number of recently announced changes to the act are in place, including <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/01\/customs-act-lowers-tariffs-on-capital-goods-to-2-from-5\/\">slashing customs duties on capital goods<\/a> to 2% from a current 5% and <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/14\/amendments-to-the-customs-act-will-expand-exemptions-for-production-inputs\/\">expanding temporary exemptions<\/a> for production inputs and packaging equipment. Highlights of law, which is currently with the Finance Ministry for review, include:<\/p>\n<ul>\n<li>Sometimes, common sense wins: <strong>The Customs Authority will establish a \u201cwhite list\u201d of importers who will benefit from expedited clearance of goods.<\/strong> Companies on the list will be able to clear their goods without initially undergoing full procedures. An inspection of their warehouses and their documentation will be conducted later. Importers \u201cin good standing\u201d who have been abiding by the rules will be eligible for entry on the list. <\/li>\n<li><strong>No more gaming the system: The amendments propose a new tariff structure for vehicles imported by tour operators, hotels and resorts.<\/strong> Tariffs on cars and vans imported by industry players will double to 10% for vehicles with a price tag of under EGP 500k. Cars over that level will pay 10% for EGP 500k of the price tag, while the remainder of the value will be subject to a levy of 40-135% based on engine size. Tour buses will continue to be taxed at their current level of 5%.<\/li>\n<li><strong>A limit will also be imposed on the number of vehicles a tourism operator can import.<\/strong> The Tourism Ministry will determine the allocation for company based on its size.<\/li>\n<li>In other words: <strong>Say goodbye to the racket of importing vehicles nearly customs-free and then renting them out <\/strong>as personal automobiles with discrete stickers applied.<\/li>\n<li>The amendments will see <strong>the introduction of installment payments<\/strong> on import duties.<\/li>\n<li><strong>Penalties will be amended.<\/strong> Smuggling of banned goods could see prison sentences of up to five years. Customs evaders can choose between time in prison or paying fines of double the import bill.<\/li>\n<li><strong>Signing off on temporary exemptions will be the sole purview of the Customs Authority.<\/strong> Prior to the amendments, various ministries could issue temporary exemptions.<\/li>\n<li><strong>We\u2019ve heard this before:<\/strong> The Customs Authority will establish a single platform for importers to obtain and submit all their documents. The authority will also establish a importer services department. <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"629315\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629316\" 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=\"629316\">\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\/28\/a-record-of-pre-daesh-monuments-in-syria\/\">\r\n                            A record of pre-Daesh monuments in Syria                        <\/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\/28\/a-record-of-pre-daesh-monuments-in-syria\/\" 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\/28\/a-record-of-pre-daesh-monuments-in-syria\/')\">\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\/28\/a-record-of-pre-daesh-monuments-in-syria\/\">\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=A record of pre-Daesh monuments in Syria&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/a-record-of-pre-daesh-monuments-in-syria\/\">\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\/28\/a-record-of-pre-daesh-monuments-in-syria\/&title=A record of pre-Daesh monuments in Syria\">\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=A+record+of+pre-Daesh+monuments+in+Syria+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fa-record-of-pre-daesh-monuments-in-syria%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\/28\/a-record-of-pre-daesh-monuments-in-syria\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2892.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"629317\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/a-record-of-pre-daesh-monuments-in-syria\/2892-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2892.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2892.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2892.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2892.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629316\" class=\"content-area-description single-story post-629316 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>A record of pre-Daesh monuments in Syria: <\/strong>Photos captured by architectural photographer Peter Aaron during a 2009 family vacation to Syria now serve as a reminder of the country\u2019s not-so-distant past, John Gendall <a href=\"https:\/\/www.newyorker.com\/culture\/photo-booth\/a-record-of-syrian-monuments-before-isis\">writes for the New Yorker<\/a>. Ancient sites and monuments \u2014 such as the 2,000-year-old Temple of Bel in Palmyra, the Monastery of Mar Sarkis (St. Sergius) in Maalula, and the bustling markets of Aleppo and Damascus \u2014 have either been completely destroyed or severely damaged in the conflict. Aaron\u2019s images are part of the Venice Architecture Biennale running from 26 May until 25 November.<\/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=\"629319\" 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=\"629319\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/the-first-known-cyber-attack-went-down-in-france-almost-200-years-ago-and-aimed-to-subvert-the-bond-market\/\">\r\n                            The first known cyber attack went down in France almost 200 years ago and aimed to subvert the bond market                        <\/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\/28\/the-first-known-cyber-attack-went-down-in-france-almost-200-years-ago-and-aimed-to-subvert-the-bond-market\/\" 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\/28\/the-first-known-cyber-attack-went-down-in-france-almost-200-years-ago-and-aimed-to-subvert-the-bond-market\/')\">\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\/28\/the-first-known-cyber-attack-went-down-in-france-almost-200-years-ago-and-aimed-to-subvert-the-bond-market\/\">\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 first known cyber attack went down in France almost 200 years ago and aimed to subvert the bond market&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/the-first-known-cyber-attack-went-down-in-france-almost-200-years-ago-and-aimed-to-subvert-the-bond-market\/\">\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\/28\/the-first-known-cyber-attack-went-down-in-france-almost-200-years-ago-and-aimed-to-subvert-the-bond-market\/&title=The first known cyber attack went down in France almost 200 years ago and aimed to subvert the bond market\">\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+first+known+cyber+attack+went+down+in+France+almost+200+years+ago+and+aimed+to+subvert+the+bond+market+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fthe-first-known-cyber-attack-went-down-in-france-almost-200-years-ago-and-aimed-to-subvert-the-bond-market%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\/28\/the-first-known-cyber-attack-went-down-in-france-almost-200-years-ago-and-aimed-to-subvert-the-bond-market\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629319\" class=\"content-area-description single-story post-629319 post type-post status-publish format-standard hentry category-worth-reading tag-enterpriseam tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Apparently, the first known cyber attack went down in France almost 200 years ago and aimed to subvert the bond market<\/strong>, <a href=\"https:\/\/www.1843magazine.com\/technology\/rewind\/the-crooked-timber-of-humanity\">according to the Economists\u2019 1843 Magazine<\/a>. The forefather of the WannaCry ransomware virus last year and the 1 bn account hack of Yahoo took place in 1834 and hit France\u2019s national data network, the first of its kind in the world when it launched back in the 1790s. It was a mechanical telegraph system that relayed messages across a network of towers, each containing a system of wooden levers to transcribe a code for a letter or number. This would be picked up by telescope from the adjacent towers, was transcribed, then passed along. The network was reserved for government use, but two bankers, Fran\u00e7ois and Joseph Blanc, devised a way to subvert it to their own ends.<\/p>\n<p><strong>The Blanc brothers wanted to tap into the network to have access to information when trading in the Bordeaux bond market<\/strong>. With mail taking several days to arrive from Paris and other forms of communication like carrier pigeons being unreliable, hacking the telegraph system was the most assured way for the traders to beat the market on information. \u201cThey bribed the telegraph operator in the city of Tours to introduce deliberate errors into routine government messages being sent over the network.\u201d The scam was uncovered a full two years later, when the crooked operator fell ill and snitched to a friend. The Blancs were put on trial but weren\u2019t convicted \u2014 there was no law at the time against misuse of a data network.<\/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=\"629320\" 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=\"629320\">\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 watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/the-inside-story-of-how-downtowns-la-viennoise-building-was-transformed-into-sarwa-capitals-new-headquarters\/\">\r\n                            The inside story of how Downtown\u2019s La Viennoise building was transformed into Sarwa Capital\u2019s new headquarters                        <\/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\/28\/the-inside-story-of-how-downtowns-la-viennoise-building-was-transformed-into-sarwa-capitals-new-headquarters\/\" 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\/28\/the-inside-story-of-how-downtowns-la-viennoise-building-was-transformed-into-sarwa-capitals-new-headquarters\/')\">\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\/28\/the-inside-story-of-how-downtowns-la-viennoise-building-was-transformed-into-sarwa-capitals-new-headquarters\/\">\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 inside story of how Downtown\u2019s La Viennoise building was transformed into Sarwa Capital\u2019s new headquarters&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/the-inside-story-of-how-downtowns-la-viennoise-building-was-transformed-into-sarwa-capitals-new-headquarters\/\">\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\/28\/the-inside-story-of-how-downtowns-la-viennoise-building-was-transformed-into-sarwa-capitals-new-headquarters\/&title=The inside story of how Downtown\u2019s La Viennoise building was transformed into Sarwa Capital\u2019s new headquarters\">\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+inside+story+of+how+Downtown%E2%80%99s+La+Viennoise+building+was+transformed+into+Sarwa+Capital%E2%80%99s+new+headquarters+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fthe-inside-story-of-how-downtowns-la-viennoise-building-was-transformed-into-sarwa-capitals-new-headquarters%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\/28\/the-inside-story-of-how-downtowns-la-viennoise-building-was-transformed-into-sarwa-capitals-new-headquarters\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2511.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"629321\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/the-inside-story-of-how-downtowns-la-viennoise-building-was-transformed-into-sarwa-capitals-new-headquarters\/2511-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2511.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2511.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2511.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2511.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629320\" class=\"content-area-description single-story post-629320 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><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Go inside Downtown Cairo\u2019s La Viennoise building, now the city\u2019s coolest office space:<\/strong> It took a small village of architects and urban designers with a keen eye for historic architecture and modern design to turn a shell into one of Cairo\u2019s coolest and most desirable offices. The brains behind the passion project, a venture of Al Ismaelia Real Estate Development\u2019s, talk in this short about the journey that brought to life the iconic Downtown building that now houses the headquarters of our friends at Sarwa Capital (<a href=\"https:\/\/www.facebook.com\/DowntownCairo\/videos\/1012005732298212\/\">watch, runtime: 3:26<\/a>). If you had been thinking about a securitized debt issuance, now might be the time to ask Hazem Moussa and his gang to invite you over for coffee\u2026 Translation: Enterprise has serious office envy.<\/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=\"629322\" 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=\"629322\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/egypt-detains-activist-hazem-abdelazim\/\">\r\n                            Egypt detains activist Hazem Abdelazim                        <\/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\/28\/egypt-detains-activist-hazem-abdelazim\/\" 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\/28\/egypt-detains-activist-hazem-abdelazim\/')\">\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\/28\/egypt-detains-activist-hazem-abdelazim\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt detains activist Hazem Abdelazim&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/egypt-detains-activist-hazem-abdelazim\/\">\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\/28\/egypt-detains-activist-hazem-abdelazim\/&title=Egypt detains activist Hazem Abdelazim\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+detains+activist+Hazem+Abdelazim+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fegypt-detains-activist-hazem-abdelazim%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\/28\/egypt-detains-activist-hazem-abdelazim\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629322\" class=\"content-area-description single-story post-629322 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>On a slow day for Egypt in the international press, the top story was once again the arrest of activists <\/strong>as Hazem Abdel Azim was detained yesterday on charges that include \u201cdisseminating false news and belonging to an outlawed group,\u201d <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/05\/27\/world\/middleeast\/ap-ml-egypt-activist.html\">the Associated Press reports<\/a>. The AP positioned the arrest as the \u201clatest in a new wave of arrests since presidential elections earlier this year.\u201c <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-rights\/egypt-detains-prominent-opposition-leader-former-sisi-supporter-sources-idUSKCN1IS0EH\">Reuters also picked up the story<\/a>, citing security sources saying Abdel Azim \u2014 an outspoken critic of President Abdel Fattah El Sisi since he quit his presidential campaign in 2014 \u2014 was arrested from his home.<\/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=\"629323\" 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=\"629323\">\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\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/egypts-universities-must-stop-offering-education-without-charge-to-improve-the-quality-of-education\/\">\r\n                            Egypt\u2019s universities must stop offering education without charge to improve the quality of education                        <\/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\/28\/egypts-universities-must-stop-offering-education-without-charge-to-improve-the-quality-of-education\/\" 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\/28\/egypts-universities-must-stop-offering-education-without-charge-to-improve-the-quality-of-education\/')\">\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\/28\/egypts-universities-must-stop-offering-education-without-charge-to-improve-the-quality-of-education\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s universities must stop offering education without charge to improve the quality of education&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/egypts-universities-must-stop-offering-education-without-charge-to-improve-the-quality-of-education\/\">\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\/28\/egypts-universities-must-stop-offering-education-without-charge-to-improve-the-quality-of-education\/&title=Egypt\u2019s universities must stop offering education without charge to improve the quality of education\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+universities+must+stop+offering+education+without+charge+to+improve+the+quality+of+education+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fegypts-universities-must-stop-offering-education-without-charge-to-improve-the-quality-of-education%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\/28\/egypts-universities-must-stop-offering-education-without-charge-to-improve-the-quality-of-education\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629323\" class=\"content-area-description single-story post-629323 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt\u2019s public universities need to start charging tuition fees; private universities should subsidize state system:<\/strong> Egypt\u2019s higher education system needs to be overhauled to provide better-quality education that caters to the needs of the country\u2019s job market, Hatem Abdelmoneim Ahmed <a href=\"http:\/\/gate.ahram.org.eg\/News\/1952791.aspx\">writes for Ahram Gate<\/a>. For that to happen, public universities must be allowed to trim enrolment figures and start charging tuition. What\u2019s more, Ahmed argues, a portion of the tuition fees collected by private universities should be tithed and directed toward financing public education. He also urges the government to meet the constitutionally-mandated minimum spending requirement on education in the state budget.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629324\" 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=\"629324\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/egypt-to-take-part-in-libyan-rivals-paris-talks-macron-sisi-talk-cooperation-and-libya-in-phone-call\/\">\r\n                            Egypt to take part in Libyan rivals\u2019 Paris talks, Macron, Sisi talk cooperation and Libya in phone call                        <\/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\/28\/egypt-to-take-part-in-libyan-rivals-paris-talks-macron-sisi-talk-cooperation-and-libya-in-phone-call\/\" 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\/28\/egypt-to-take-part-in-libyan-rivals-paris-talks-macron-sisi-talk-cooperation-and-libya-in-phone-call\/')\">\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\/28\/egypt-to-take-part-in-libyan-rivals-paris-talks-macron-sisi-talk-cooperation-and-libya-in-phone-call\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt to take part in Libyan rivals\u2019 Paris talks, Macron, Sisi talk cooperation and Libya in phone call&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/egypt-to-take-part-in-libyan-rivals-paris-talks-macron-sisi-talk-cooperation-and-libya-in-phone-call\/\">\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\/28\/egypt-to-take-part-in-libyan-rivals-paris-talks-macron-sisi-talk-cooperation-and-libya-in-phone-call\/&title=Egypt to take part in Libyan rivals\u2019 Paris talks, Macron, Sisi talk cooperation and Libya in phone call\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+to+take+part+in+Libyan+rivals%E2%80%99+Paris+talks%2C+Macron%2C+Sisi+talk+cooperation+and+Libya+in+phone+call+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fegypt-to-take-part-in-libyan-rivals-paris-talks-macron-sisi-talk-cooperation-and-libya-in-phone-call%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\/28\/egypt-to-take-part-in-libyan-rivals-paris-talks-macron-sisi-talk-cooperation-and-libya-in-phone-call\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629324\" class=\"content-area-description single-story post-629324 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt is one of 19 countries taking part in a Paris conference tomorrow that will bring Libya\u2019s rival factions together to agree on a political roadmap<\/strong>, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N1SX0MN\">Reuters reports<\/a>. \u201cOnce we have this roadmap we will have outlined the commitments from all sides and the next steps,\u201d a French presidential advisor told reporters. The UAE, Qatar, Turkey, and Italy are also joining the meeting. President Abdel Fattah El Sisi and French Foreign Minister Jean-Yves Le Drian had <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/30\/sisi-le-drian-meet-for-libya-focused-talks\/\">agreed in Cairo last month<\/a> that the war-torn country should hold elections by year\u2019s end.<\/p>\n<p>This comes as <strong>French President Emmanuel Macron praised El Sisi for his efforts to restore stability in Libya during a phone call yesterday<\/strong>, <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/photos\/a.153526355166753.1073741828.153405978512124\/386449871874399\/?type=3&theater\">according to an Ittihadiya statement.<\/a> The two presidents also discussed the latest regional developments and agreed to push for concerted international effort to reach a practical settlement in Syria.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629327\" 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=\"629327\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/apex-to-start-exploration-drilling-on-western-desert-concessions-in-4q2018\/\">\r\n                            Apex to start exploration drilling on Western Desert concessions in 4Q2018                        <\/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\/28\/apex-to-start-exploration-drilling-on-western-desert-concessions-in-4q2018\/\" 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\/28\/apex-to-start-exploration-drilling-on-western-desert-concessions-in-4q2018\/')\">\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\/28\/apex-to-start-exploration-drilling-on-western-desert-concessions-in-4q2018\/\">\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=Apex to start exploration drilling on Western Desert concessions in 4Q2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/apex-to-start-exploration-drilling-on-western-desert-concessions-in-4q2018\/\">\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\/28\/apex-to-start-exploration-drilling-on-western-desert-concessions-in-4q2018\/&title=Apex to start exploration drilling on Western Desert concessions in 4Q2018\">\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=Apex+to+start+exploration+drilling+on+Western+Desert+concessions+in+4Q2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fapex-to-start-exploration-drilling-on-western-desert-concessions-in-4q2018%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\/28\/apex-to-start-exploration-drilling-on-western-desert-concessions-in-4q2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629327\" class=\"content-area-description single-story post-629327 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\/.18b8184b-2fb0-48c8-a860-7812a45f08cf.mp3\"><\/audio><\/figure>\n<p>Apex International Energy plans to begin exploration drilling on the West Badr El Din and South East Meleiha concessions in the Western Desert in 4Q2018, <a href=\"http:\/\/www.prnewswire.co.uk\/news-releases\/apex-international-energy-awards-contracts-to-start-exploration-operations-in-egypt-683804661.html\">the company said in a press release<\/a>. Apex held a seismic exploration tender at the concessions, awarding some USD 15 mn in exploration contracts to Weir, Vallourec Oil, Soconord, BGP International Egypt and Tenaris Global Services. \u201cThis work is part of the bid commitment Apex made to invest a minimum of USD 27.4 mn during the first exploration phase to perform detailed geological studies, acquire and process 3D seismic, and drill six exploratory wells,\u201d the firm said. Apex had won the exploration rights for the West Badr El Din concession last year.<\/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=\"629331\" 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=\"629331\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/cabinet-approves-establishing-3-new-cities\/\">\r\n                            Cabinet approves establishing 3 new cities                        <\/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\/28\/cabinet-approves-establishing-3-new-cities\/\" 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\/28\/cabinet-approves-establishing-3-new-cities\/')\">\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\/28\/cabinet-approves-establishing-3-new-cities\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Cabinet approves establishing 3 new cities&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/cabinet-approves-establishing-3-new-cities\/\">\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\/28\/cabinet-approves-establishing-3-new-cities\/&title=Cabinet approves establishing 3 new cities\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Cabinet+approves+establishing+3+new+cities+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fcabinet-approves-establishing-3-new-cities%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\/28\/cabinet-approves-establishing-3-new-cities\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629331\" class=\"content-area-description single-story post-629331 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.9a460e8f-77c8-417f-b562-4b87200f03eb.mp3\"><\/audio><\/figure>\n<p>The Ismail Cabinet\u2019s Planning and Urbanization Committee gave its preliminarily approval yesterday to a plan to establish new cities in North Sinai, Beni Suef, and Minya, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/yo.aspx\">according to a statement<\/a>. Among the planned new cities is the New Bir Al Abd City, which Housing Minister Mostafa Madbouly had <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/28\/sinai-development-plans-top-talking-heads-agendas\/\">announced last November<\/a> following a <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/26\/305-killed-128-others-injured-in-bloodiest-attack-in-egypts-modern-history\/\">deadly terrorist attack<\/a> on the Al Rawda Mosque in North Sinai\u2019s Bir Al Abd. The plans will be put up for discussion at the next cabinet meeting, the statement says.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629332\" 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=\"629332\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/egypt-reaches-40-mn-internet-users-in-fy2017-18\/\">\r\n                            Egypt reaches 40 mn Internet users in FY2017-18                        <\/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\/28\/egypt-reaches-40-mn-internet-users-in-fy2017-18\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/egypt-reaches-40-mn-internet-users-in-fy2017-18\/')\">\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\/28\/egypt-reaches-40-mn-internet-users-in-fy2017-18\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt reaches 40 mn Internet users in FY2017-18&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/egypt-reaches-40-mn-internet-users-in-fy2017-18\/\">\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\/28\/egypt-reaches-40-mn-internet-users-in-fy2017-18\/&title=Egypt reaches 40 mn Internet users in FY2017-18\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+reaches+40+mn+Internet+users+in+FY2017-18+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fegypt-reaches-40-mn-internet-users-in-fy2017-18%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/egypt-reaches-40-mn-internet-users-in-fy2017-18\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629332\" class=\"content-area-description single-story post-629332 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.02b313f0-43f4-4f8c-b39f-ddced3eac545.mp3\"><\/audio><\/figure>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> The total number of Internet users in Egypt hit over 40 mn in FY2017-18, according to data from the ICT Ministry <a href=\"https:\/\/www.youm7.com\/story\/2018\/5\/27\/%D8%A7%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-37-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%85%D8%B3%D8%AA%D8%AE%D8%AF%D9%85-%D9%84%D9%84%D8%A5%D9%86%D8%AA%D8%B1%D9%86%D8%AA-%D8%A8%D9%85%D8%B5%D8%B1-%D8%B3%D9%88%D8%A7%D8%A1-%D8%A7%D9%84%D8%A3%D8%B1%D8%B6%D9%89-%D8%A3%D9%88-%D8%B9%D8%A8%D8%B1\/3810687\">picked up by Youm7<\/a>. The number includes users who access the Internet via WiFi or through mobile data. High-speed Internet subscribers are concentrated in the Greater Cairo area, which holds 40% of these users, followed by Delta governorates and Upper Egypt. The total number of SIM cards in circluation declined marginally to 100.24 mn as of February 2018.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629334\" 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=\"629334\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/te-to-use-usd-90-mn-of-usd-200-mn-facility-from-afreximbank-to-finance-mena-cables-acquisition\/\">\r\n                            TE to use USD 90 mn of USD 200 mn facility from Afreximbank to finance MENA Cables acquisition                        <\/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\/28\/te-to-use-usd-90-mn-of-usd-200-mn-facility-from-afreximbank-to-finance-mena-cables-acquisition\/\" 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\/28\/te-to-use-usd-90-mn-of-usd-200-mn-facility-from-afreximbank-to-finance-mena-cables-acquisition\/')\">\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\/28\/te-to-use-usd-90-mn-of-usd-200-mn-facility-from-afreximbank-to-finance-mena-cables-acquisition\/\">\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 to use USD 90 mn of USD 200 mn facility from Afreximbank to finance MENA Cables acquisition&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/te-to-use-usd-90-mn-of-usd-200-mn-facility-from-afreximbank-to-finance-mena-cables-acquisition\/\">\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\/28\/te-to-use-usd-90-mn-of-usd-200-mn-facility-from-afreximbank-to-finance-mena-cables-acquisition\/&title=TE to use USD 90 mn of USD 200 mn facility from Afreximbank to finance MENA Cables acquisition\">\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+to+use+USD+90+mn+of+USD+200+mn+facility+from+Afreximbank+to+finance+MENA+Cables+acquisition+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fte-to-use-usd-90-mn-of-usd-200-mn-facility-from-afreximbank-to-finance-mena-cables-acquisition%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\/28\/te-to-use-usd-90-mn-of-usd-200-mn-facility-from-afreximbank-to-finance-mena-cables-acquisition\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629334\" class=\"content-area-description single-story post-629334 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.2ea77a52-9827-45c6-89e4-f2aa98a5c4f7.mp3\"><\/audio><\/figure>\n<p>Telecom Egypt (TE) is reportedly planning to use USD 90 mn of a USD 200 mn short-term loan agreement with the African Export-Import Bank (AfreximBank) to finance its acquisition of Orascom Telecom Media and Technology (OTMT) subsidiary MENA Cables, a banking source <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=27052018&id=86895a5b-84d4-4e86-b50e-ebf11481efc9\">tells Al Shorouk<\/a>. The state-owned landline monopoly <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/23\/te-signs-usd-200-mn-short-term-loan-agreement-with-afreximbank\/\">signed the loan agreement<\/a> last week to \u201cfinance working capital and investments in Telecom Egypt\u2019s infrastructure,\u201d according to the company. TE subsidiary Egyptian International Submarine Cables Company (EISCC) had <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/22\/telecom-egypt-signs-spa-for-acquisition-of-otmts-mena-cables\/'\">executed a sale and purchase agreement<\/a> for the USD 90 mn acquisition of MENA Cables last week, expecting the transaction to close in c. 60 days as conditions precedent are satisfied.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629336\" 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=\"629336\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbe-receives-usd-200-mn-tranche-of-usd-300-mn-afreximbank-loan\/\">\r\n                            NBE receives USD 200 mn tranche of USD 300 mn Afreximbank loan                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbe-receives-usd-200-mn-tranche-of-usd-300-mn-afreximbank-loan\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbe-receives-usd-200-mn-tranche-of-usd-300-mn-afreximbank-loan\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbe-receives-usd-200-mn-tranche-of-usd-300-mn-afreximbank-loan\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=NBE receives USD 200 mn tranche of USD 300 mn Afreximbank loan&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbe-receives-usd-200-mn-tranche-of-usd-300-mn-afreximbank-loan\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbe-receives-usd-200-mn-tranche-of-usd-300-mn-afreximbank-loan\/&title=NBE receives USD 200 mn tranche of USD 300 mn Afreximbank loan\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=NBE+receives+USD+200+mn+tranche+of+USD+300+mn+Afreximbank+loan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fnbe-receives-usd-200-mn-tranche-of-usd-300-mn-afreximbank-loan%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbe-receives-usd-200-mn-tranche-of-usd-300-mn-afreximbank-loan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629336\" class=\"content-area-description single-story post-629336 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\/.ed427d73-226f-4f73-8e8b-b26cce8c8fa1.mp3\"><\/audio><\/figure>\n<p>The National Bank of Egypt (NBE) has received a USD 200 mn tranche of its USD 300 mn facility from the African Export-Import Bank (Afreximbank), an unnamed bank official <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=27052018&id=709f2fb6-534c-41be-ab16-03d70902d10a\">tells Al Shorouk<\/a>. The two banks had signed a USD 300 mn three-year <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/30\/afreximbank-to-provide-nbe-with-usd-300-mn-facility-to-fund-smes\/\">financing agreement in April 2017<\/a> that would be used to support an SME funding initiative launched in 2016. The NBE has been looking to bolster its foreign currency liquidity and is seeking a number of loans from international lenders, according to the source, who points to a <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/30\/financing-updates-from-cbe-nbe\/\">USD 600 mn loan club facility<\/a> from Gulf-based banks and another USD 500 mn loan from the European Investment Bank, which the NBE is currently in talks for. We <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/27\/egpc-set-to-receive-usd-850-mn-in-loans-from-local-banking-consortium-to-repay-iocs\/\">reported yesterday<\/a> that the NBE is providing the EGPC with USD 250 mn loan as part of a larger USD 850 mn facility that will be used to pay international oil companies.<\/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=\"629339\" 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=\"629339\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/support-egypt-will-not-become-a-political-party-elsewedy\/\">\r\n                            Support Egypt will not become a political party \u2013Elsewedy                        <\/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\/28\/support-egypt-will-not-become-a-political-party-elsewedy\/\" 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\/28\/support-egypt-will-not-become-a-political-party-elsewedy\/')\">\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\/28\/support-egypt-will-not-become-a-political-party-elsewedy\/\">\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=Support Egypt will not become a political party \u2013Elsewedy&url=https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/support-egypt-will-not-become-a-political-party-elsewedy\/\">\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\/28\/support-egypt-will-not-become-a-political-party-elsewedy\/&title=Support Egypt will not become a political party \u2013Elsewedy\">\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=Support+Egypt+will+not+become+a+political+party+%E2%80%93Elsewedy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F05%2F28%2Fsupport-egypt-will-not-become-a-political-party-elsewedy%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\/28\/support-egypt-will-not-become-a-political-party-elsewedy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629339\" class=\"content-area-description single-story post-629339 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\/.4bcd2ac9-9254-4054-aa82-22039fa57d94.mp3\"><\/audio><\/figure>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> The Support Egypt Coalition \u2014 the largest electoral political bloc in the House of Representatives \u2014 will not turn into a political party, said the coalition\u2019s leader Mohamed Elsewedy, <a href=\"http:\/\/d1y99r0ynoudrd.cloudfront.net\/news\/details\/1295366\">according to Al Masry Al Youm<\/a>. Elsewedy added that the group would remain a political bloc comprised of members of difference parties. He noted that coalition members from the Nation\u2019s Future Party (NFP) remain on board. <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/24\/nations-future-becomes-the-largest-party-in-the-house\/\">NFP was said<\/a> to have become the largest single political party in the House following a series of defections from the Free Egyptians Party and Al Wafd.<\/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=\"629341\" 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=\"629341\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/mohamed-safwat-becomes-first-egyptian-in-22-years-to-play-a-grand-slam\/\">\r\n                            Mohamed Safwat becomes first Egyptian in 22 years to play a Grand Slam                        <\/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\/28\/mohamed-safwat-becomes-first-egyptian-in-22-years-to-play-a-grand-slam\/\" 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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Safwat had lost in the final round of the qualifiers to Argentina\u2019s Guido Andreozzi, but Serbia's Viktor Troicki pulled out of the tournament after sustaining a back injury, earning Safwat the title of the \u201clucky loser,\u201d <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/05\/27\/sports\/tennis\/ap-ten-french-open-the-latest.html\">the Associated Press reports<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629343\" 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=\"629343\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/629343\/\">\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\/28\/629343\/\" 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\/28\/629343\/')\">\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\/28\/629343\/\">\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\/28\/629343\/\">\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\/28\/629343\/&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%2F28%2F629343%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\/28\/629343\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629343\" class=\"content-area-description single-story post-629343 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 17.86 | Sell 17.96<\/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 17.79 | Sell 17.89<\/p>\n<p><strong>EGX30<\/strong> (Sunday): 16,648 (+0.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 458 mn (60% BELOW the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +10.8%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 ended Sunday\u2019s session Up 0.1%. CIB, the index heaviest constituent ended down 0.6%. EGX30\u2019s top performing constituents were Eastern Co up 5.1%, Emaar Misr up 4.4% and Kima up 2.7%. Yesterday\u2019s worst performing stocks were Juhayna down 2.6%, Amoc down 2.0%, and Abu Qir Fertilizers down 1.9%. The market turnover was EGP 458 mn, and foreign investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +54.6 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -8.4 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -46.2 mn<\/p>\n<p><strong>Retail<\/strong>: 59.5% of total trades | 59.8% of buyers | 59.1% of sellers<br \/>\n <strong>Institutions<\/strong>: 40.5% of total trades | 40.2% of buyers | 40.9% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 18.2% of total | 24.1% of buyers | 12.2% of sellers<br \/>\n <strong>Regional:<\/strong> 6.1% of total | 5.2% of buyers | 7.0% of sellers<br \/>\n <strong>Domestic:<\/strong> 75.7% of total | 70.7% of buyers | 80.8% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 67.13 (-1.10%)<br \/>\n <strong>Brent:<\/strong> USD 75.75 (-0.90%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.93 MMBtu, (-0.17%, June 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,303.60 \/ troy ounce (-0.41%)<\/p>\n<p><strong>TASI:<\/strong> 7,972.05 (-0.82%) (YTD: +10.32%)<br \/>\n <strong>ADX:<\/strong> 4,536.82 (-1.40%) (YTD: +3.15%)<br \/>\n <strong>DFM:<\/strong> 2,932.09 (-0.76%) (YTD: -13.00%)<br \/>\n <strong>KSE Premier Market:<\/strong> 4,683.57 (-0.09%)<br \/>\n <strong>QE:<\/strong> 8,992.81 (-0.62%) (YTD: +5.51%)<br \/>\n <strong>MSM:<\/strong> 4,566.98 (+0.06%) (YTD: -10.44%)<br \/>\n <strong>BB: <\/strong>1,263.18 (+0.00%) (YTD: -5.15%)<\/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=\"629344\" 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\/28\/629344\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629344\" class=\"content-area-description single-story post-629344 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":629300,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-629299","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"771f3dd3-365f-4d31-bf3c-5a84fdda1a48","teaser":"","photo_url":"https:\/\/ent.news\/2016\/1\/17.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>New Customs Act to whitelist importers, clamp down on tour agency car rental racket - 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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